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Balk 1798 Group Limited (1010) AI Stock Analysis
Balk 1798 Group Limited
(HKEX:1010)
The score is primarily held down by very weak financial performance (shrinking revenue, continued losses, sustained negative operating/free cash flow, and negative equity), which materially elevates funding and liquidity risk. Technical indicators also point to a bearish trend (price below key moving averages and negative MACD). Valuation provides little support given the negative P/E and no dividend yield data.
Balk 1798 Group Limited (1010) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 14.66M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.79M
- Price to Earnings (P/E)
- -0.4
- Beta (1Y)
- 0.08
- Revenue Growth
- 5.74%
- EPS Growth
- -1.44%
- Country
- Hong Kong
- Employees
- 34
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Industrial - Distribution
Balk 1798 Group Limited Business Overview & Revenue Model
Company Description
Sky Blue 11 Company Limited, an investment holding company, engages in the design, distribution, and trade of integrated circuits and semiconductor parts in the People’s Republic of China, Hong Kong, and Taiwan. The company also offers agency service...
Balk 1798 Group Limited Financial Statement Overview
Summary
Financial health is very weak: revenue has contracted materially, profitability remains loss-making with a very large net loss in 2025, and operating/free cash flow have been deeply negative across 2023–2025. The balance sheet is highly stressed with negative shareholders’ equity (2023–2025), increasing liquidity and funding risk. A positive is improved gross margin in 2025 and a reduced loss versus 2024, but the company still lacks consistent profitability and internal cash generation.
Income Statement
18Very NegativeBalance Sheet
9Very NegativeCash Flow
12Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.09M | 31.09M | 36.03M | 113.97M | 181.08M | 105.62M |
| Gross Profit | 21.84M | 21.84M | 21.63M | 31.56M | 84.59M | 35.66M |
| EBITDA | -7.16M | -7.16M | -83.49M | -41.51M | 9.89M | -34.88M |
| Net Income | -43.16M | -43.16M | -165.11M | -46.45M | -2.24M | -52.84M |
Balance Sheet | ||||||
| Total Assets | 205.28M | 205.28M | 227.59M | 361.68M | 461.95M | 295.04M |
| Cash, Cash Equivalents and Short-Term Investments | 29.39M | 29.39M | 35.27M | 69.17M | 104.39M | 86.24M |
| Total Debt | 143.82M | 143.82M | 125.93M | 5.49M | 1.65M | 194.40M |
| Total Liabilities | 372.61M | 372.61M | 355.58M | 364.66M | 414.79M | 232.49M |
| Stockholders Equity | -167.32M | -167.32M | -127.98M | -2.98M | 47.16M | 62.55M |
Cash Flow | ||||||
| Free Cash Flow | -16.73M | -16.73M | -131.66M | -32.63M | 19.70M | -133.67M |
| Operating Cash Flow | -16.73M | -16.73M | -131.66M | -32.62M | 19.73M | -131.87M |
| Investing Cash Flow | 4,000 | -5,000 | 403.00K | 135.00K | 177.00K | 3.31M |
| Financing Cash Flow | 17.33M | 17.33M | 91.30M | -2.01M | -424.00K | 188.35M |
Balk 1798 Group Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1010, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 40.78 is Neutral, neither overbought nor oversold. The STOCH value of 20.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1010.
Balk 1798 Group Limited Peers Comparison
Overall Rating
HK:029378Outperform
HK:069454Neutral
HK:862046Neutral
HK:370844Neutral- HK:101040Underperform
HK:035734Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0293 | 78Outperform | HKD 83.86B | 6.60 | 22.72% | 6.53% | 19.66% | 35.67% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:0694 | 54Neutral | HKD 6.32B | -12.28 | -3.43% | ― | 5.94% | 61.47% |
| HK:8620 | 46Neutral | HKD 88.65M | -67.14 | -3.39% | ― | -5.84% | 68.66% |
| HK:3708 | 44Neutral | HKD 168.36M | -9.63 | -9.13% | ― | 3.35% | -414.29% |
| HK:1010 | 40Underperform | HKD 14.66M | -0.42 | 19.89% | ― | 5.74% | -1.44% |
| HK:0357 | 34Underperform | HKD 1.69B | -5.23 | -7.26% | ― | -0.35% | -38.48% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1010 | Balk 1798 Group Limited | 0.03 | -0.08 | -70.27% | |
| HK:0694 | Beijing Capital International Airport Co Class H | 1.38 | -1.41 | -50.54% | |
| HK:0293 | Cathay Pacific Airways | 13.79 | 3.35 | 32.14% | |
| HK:0357 | Hainan Meilan International Airport Company Limited Class H | 3.58 | -7.00 | -66.16% | |
| HK:3708 | China Supply Chain Holdings Limited | 0.21 | -0.01 | -5.00% | |
| HK:8620 | Asia-express Logistics Holdings Limited | 0.14 | 0.04 | 34.29% |
Balk 1798 Group Limited Corporate Events
Sky Blue 11 affirms new independent director’s suitability after disclosure of former company’s winding-up
Sky Blue 11 Company Limited has issued a supplemental announcement regarding the appointment of Mr. Chan Ting Leuk Arthur as an independent non-executive director, disclosing that CAPN Limited, a Hong Kong private company in which he was formerly the...
Sky Blue 11 Sets Formal Governance Rules for Remuneration Committee
Sky Blue 11 Company Limited has formalized detailed terms of reference for its Remuneration Committee, mandating that it be chaired by an independent non-executive director and comprise a majority of independent non-executive directors. The document...
Sky Blue 11 Narrows Loss as Revenue Rises but Costs and Finance Charges Weigh
Sky Blue 11 Company Limited reported consolidated revenue of HK$49.3 million for the eighteen months ended 30 June 2026, up from HK$36.0 million in the year to 31 December 2024, with gross profit rising to HK$35.1 million. Despite this topline improv...
Sky Blue 11 Tightens Audit Committee Rules to Bolster Governance
Sky Blue 11 Company Limited has formalised updated terms of reference for its audit committee, defining its composition as at least three non-executive directors, a majority of whom must be independent, with at least one possessing professional accou...
Sky Blue 11 Sets Formal Governance Rules for Nomination Committee
Sky Blue 11 Company Limited has formalized the terms of reference for its Nomination Committee, setting a minimum of three members, a majority of whom must be independent non-executive directors, and requiring at least one director of a different gen...
Sky Blue 11 Signals Sharply Narrowed Loss on Lower Impairments
Sky Blue 11 Company Limited has warned shareholders that it expects to post a significantly narrowed loss of between HK$65 million and HK$70 million for the 18 months ended 30 June 2026, compared with a loss of about HK$165.1 million for the year end...
Sky Blue 11 Sets Board Meeting to Approve 18-Month Results and Consider Dividend
Sky Blue 11 Company Limited has scheduled a board meeting for 28 September 2026 to review and approve the group’s financial results for the eighteen months ended 30 June 2026. The board will also consider recommending a final dividend, if any,...
Sky Blue 11 Announces Name Change of External Auditor
Sky Blue 11 Company Limited announced a change in the corporate name of its external auditor, which has been rebranded from Prism Hong Kong Limited to CLA Prism Hong Kong Limited, with corresponding changes to its Chinese name effective 21 August 202...
Sky Blue 11 bolsters board independence with appointment of new director
Sky Blue 11 Company Limited has strengthened its board by appointing legal veteran Hung Wai Che as an independent non-executive director, effective 26 August 2026, and naming him to its audit, remuneration and nomination committees. Hung, who holds a...
Sky Blue 11 Company Details Board and Committee Structure
Sky Blue 11 Company Limited has announced the current composition of its board of directors, confirming two executive directors and three independent non-executive directors. The disclosure clarifies the roles of each director across the Audit, Nomin...
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.
Date of analysis: Oct 16, 2026