Want to see HK:0948 full AI Analyst Report?
Top Page
Alpha Professional Holdings Ltd.
(0948)
Select Model
Select Model
Rating:51Neutral
Price Target:
HK$0.30
▲(2.07% Upside)
Action:Reiterated
Date:08/22/26
The score is primarily constrained by weak financial performance: negative operating profitability, materially negative operating/free cash flow in 2026, and elevated leverage following recent balance-sheet stress. Technicals are supportive with price above key moving averages and a positive MACD, but momentum indicators are stretched. Valuation appears very low on P/E, yet the benefit is tempered by earnings quality and cash conversion concerns.
Positive Factors
Sharp revenue rebound
The substantial 2026 revenue rebound indicates that the company retains the ability to restore sales and regain business scale after weaker periods. If management can sustain this higher revenue base, it could improve operating leverage and create a foundation for better profitability over the next several quarters.
Negative Factors
Negative operating profitability
The company remains loss-making at the operating level despite the sharp revenue rebound, with a low gross margin and operating margin near -20%. This indicates that higher sales have not yet translated into a sustainable earnings engine, leaving profitability vulnerable if revenue growth moderates.
Read all positive and negative factors
Positive Factors
Negative Factors
Sharp revenue rebound
The substantial 2026 revenue rebound indicates that the company retains the ability to restore sales and regain business scale after weaker periods. If management can sustain this higher revenue base, it could improve operating leverage and create a foundation for better profitability over the next several quarters.
Read all positive factors
Alpha Professional Holdings Ltd. (0948) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$121.62M
Dividend YieldN/A
Average Volume (3M)64.23K
Price to Earnings (P/E)1.5
Beta (1Y)-0.13
Revenue Growth158.34%
EPS GrowthN/A
CountryHK
Employees203
SectorConsumer Defensive
Sector Strength42
IndustryFood Distribution
Share Statistics
EPS (TTM)0.20
Shares Outstanding412,280,400
10 Day Avg. Volume40,000
30 Day Avg. Volume64,235
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)3.25
Price to Sales (P/S)0.84
P/FCF Ratio-2.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Alpha Professional Holdings Ltd. Business Overview & Revenue Model
Company Description
Alpha Professional Holdings Limited operates as an investment holding enterprise with diverse interests spanning the milk products, mobile technology, and real estate sectors. Its commercial activities include the trade of milk powder and infant n...
Alpha Professional Holdings Ltd. Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
38
Negative
Cash Flow
34
Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 104.68M | 40.52M | 96.31M | 363.09M | 438.35M |
| Gross Profit | 7.46M | 7.17M | 4.07M | 42.74M | 34.68M |
| EBITDA | -465.00K | -183.51M | -43.21M | 2.51M | 15.45M |
| Net Income | 82.38M | -197.27M | -38.32M | 1.31M | -31.64M |
Balance Sheet | |||||
| Total Assets | 100.69M | 149.58M | 198.31M | 270.44M | 178.82M |
| Cash, Cash Equivalents and Short-Term Investments | 21.36M | 10.70M | 47.28M | 13.69M | 20.90M |
| Total Debt | 41.13M | 69.63M | 34.17M | 47.89M | 2.53M |
| Total Liabilities | 73.01M | 214.71M | 80.07M | 111.62M | 62.47M |
| Stockholders Equity | 27.03M | -69.92M | 118.23M | 158.82M | 116.35M |
Cash Flow | |||||
| Free Cash Flow | -32.17M | -18.90M | 43.82M | -96.45M | -48.64M |
| Operating Cash Flow | -32.06M | -18.26M | 43.83M | -96.45M | -48.60M |
| Investing Cash Flow | 27.09M | -17.09M | 6.53M | -184.00K | -38.00K |
| Financing Cash Flow | 14.88M | -3.97M | -18.21M | 90.61M | -1.39M |
Alpha Professional Holdings Ltd. Technical Analysis
Positive
0.29
Price Trends
0.26
Positive
0.25
Positive
0.27
Positive
Market Momentum
0.01
Negative
62.45
Neutral
54.55
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0948, the sentiment is Positive. The current price of 0.29 is above the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.26, and above the 200-day MA of 0.27, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 62.45 is Neutral, neither overbought nor oversold. The STOCH value of 54.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0948.
Alpha Professional Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
61 Neutral | HK$3.65B | 132.22 | 0.86% | 0.22% | 4.27% | ― | |
55 Neutral | HK$586.00M | 11.76 | 5.43% | 0.78% | 87.07% | ― | |
53 Neutral | HK$624.71M | -20.00 | -2.26% | 13.33% | -16.00% | -811.76% | |
51 Neutral | HK$121.62M | 1.51 | -228.92% | ― | 158.34% | ― | |
51 Neutral | HK$330.00M | 4.75 | 9.43% | ― | 42.78% | 197.12% | |
45 Neutral | HK$160.37B | 44.51 | 4.35% | 2.17% | 11.81% | -55.08% |
* Consumer Defensive Sector Average
HK:0948
Alpha Professional Holdings Ltd.
0.30
>-0.01
-1.67%
HK:2342
Comba Telecom Systems Holdings
1.19
-2.17
-64.56%
HK:2000
SIM Technology Group
0.31
0.01
3.33%
HK:0763
ZTE
21.80
-14.07
-39.22%
HK:1202
Chengdu Putian Telecommunications Cable Co., Ltd. Class H
1.47
0.56
62.24%
HK:1720
Putian Communication Group Limited
0.31
0.13
77.33%
Alpha Professional Holdings Ltd. Corporate Events
Alpha Professional Holdings Treats New Office Leases as Major Transaction
Sep 23, 2026
Alpha Professional Holdings Ltd. has entered into new tenancy agreements through an indirect wholly owned subsidiary to lease multiple floors and parking spaces in a commercial property for a two year term, recognising right of use assets of about...
Alpha Professional Seeks Shareholder Approval for Major One-for-One Rights Issue
Sep 22, 2026
Alpha Professional Holdings Limited has called a special general meeting for 9 October 2026 in Hong Kong, seeking shareholder approval for a rights issue of up to 412,280,383 new shares at HK$0.20 each on a one-for-one basis with existing shares. ...
Alpha Professional Holdings Wins Strong Shareholder Backing at AGM
Sep 9, 2026
Alpha Professional Holdings Ltd. reported that all resolutions at its annual general meeting on 9 September 2026 were approved by shareholders via poll voting. The company confirmed that its entire issued share capital of 412,280,383 shares was el...
Alpha Professional Appoints VBG Capital as Independent Adviser for Rights Issue
Aug 17, 2026
Alpha Professional Holdings has appointed VBG Capital Limited as independent financial adviser to provide guidance to its Independent Board Committee and Independent Shareholders on the terms of a planned rights issue. VBG Capital, licensed in Hon...
Alpha Professional Plans HK$82.5 Million Rights Issue Backed by Major Shareholders
Aug 12, 2026
Alpha Professional Holdings Ltd. plans to raise up to approximately HK$82.5 million through a rights issue of 412,280,383 new shares at HK$0.20 each, on a one-for-one basis for existing qualifying shareholders. The issue is non-underwritten and is...
Alpha Professional Holdings Sets AGM and Seeks Share Buyback Mandate
Jul 29, 2026
Alpha Professional Holdings Ltd., a Bermuda-incorporated company listed in Hong Kong, maintains a governance framework centered on its board of directors and external auditor. The company operates within Hong Kong’s regulatory and listing re...
Alpha Professional Elevates Tu Chunan to Executive Director, Adjusts Board Committee Roles
Jul 14, 2026
Alpha Professional Holdings Ltd. has re-designated Mr. Tu Chunan from independent non-executive director to executive director, effective 14 July 2026. Tu, a seasoned manager with extensive experience in industrial park property management and ope...
Alpha Professional Holdings Restructures Board and Key Governance Committees
Jul 14, 2026
Alpha Professional Holdings Ltd., a Bermuda-incorporated company listed in Hong Kong under stock code 948, operates in the financial services sector with particular emphasis on credit business and related corporate governance. Its board consists o...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.