Want to see HK:1116 full AI Analyst Report?
Top Page
Mayer Holdings Ltd.
(1116)
Select Model
Select Model
Rating:42Neutral
Price Target:
HK$0.20
▼(-19.20% Downside)
Action:Reiterated
Date:07/10/26
The score is held down primarily by deteriorating profitability and weak/negative cash generation, which raise execution and funding risk despite improved leverage. Technicals add downside pressure with the stock trading below key moving averages and negative MACD, while valuation is difficult to support given a loss-driven negative P/E and no dividend data.
Positive Factors
Balance-sheet repair / lower leverage
The company materially reduced debt relative to equity by FY2025, repairing a previously highly leveraged balance sheet. Improved leverage increases financial flexibility, reduces refinancing risk and gives more time to stabilise operations without immediate funding pressure.
Negative Factors
Negative operating and free cash flow
Consistent negative operating and free cash flow heighten execution and funding risk, forcing reliance on external financing or asset sales. Over months this erodes reserves, limits investment in operations or capex, and raises the probability of operational retrenchment if cash recovery is not achieved.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet repair / lower leverage
The company materially reduced debt relative to equity by FY2025, repairing a previously highly leveraged balance sheet. Improved leverage increases financial flexibility, reduces refinancing risk and gives more time to stabilise operations without immediate funding pressure.
Read all positive factors
Mayer Holdings Ltd. (1116) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$474.76M
Dividend YieldN/A
Average Volume (3M)163.87K
Price to Earnings (P/E)―
Beta (1Y)0.10
Revenue Growth10.86%
EPS Growth-169.32%
CountryHK
Employees349
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)-0.02
Shares Outstanding2,158,000,200
10 Day Avg. Volume76,600
30 Day Avg. Volume163,866
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)3.10
Price to Sales (P/S)0.79
P/FCF Ratio-8.32
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
Mayer Holdings Ltd. Business Overview & Revenue Model
Company Description
Huiyuan Cowins Technology Group Ltd. functions as an investment holding company, with its primary activities centered on the manufacturing, processing, and sale of various steel products, including sheets and pipes, throughout the People's Republi...
How the Company Makes Money
null...
Mayer Holdings Ltd. Financial Statement Overview
Summary
Income Statement
26
Negative
Balance Sheet
41
Neutral
Cash Flow
22
Negative
| Breakdown | Jun 2025 | Jun 2023 | Jun 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 760.06M | 714.41M | 538.16M | 691.76M | 581.11M |
| Gross Profit | 82.60M | 87.39M | 71.20M | 94.62M | 120.32M |
| EBITDA | -50.79M | -2.35M | -322.11M | 21.94M | 52.39M |
| Net Income | -57.68M | -14.73M | -338.85M | -6.25M | 15.85M |
Balance Sheet | |||||
| Total Assets | 536.05M | 594.58M | 533.79M | 830.99M | 774.59M |
| Cash, Cash Equivalents and Short-Term Investments | 51.65M | 57.55M | 46.39M | 34.95M | 37.58M |
| Total Debt | 162.49M | 259.86M | 232.56M | 219.27M | 169.42M |
| Total Liabilities | 284.33M | 470.69M | 392.43M | 338.98M | 279.49M |
| Stockholders Equity | 193.40M | 57.28M | 74.81M | 430.10M | 435.03M |
Cash Flow | |||||
| Free Cash Flow | -72.12M | -13.45M | -60.49M | -39.77M | -63.72M |
| Operating Cash Flow | -59.02M | 14.73M | -44.97M | -25.39M | -44.59M |
| Investing Cash Flow | -13.12M | -26.07M | -13.39M | -14.03M | -18.63M |
| Financing Cash Flow | 58.36M | 21.18M | 65.21M | 39.85M | -42.16M |
Mayer Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$689.25M | 4.62 | 9.86% | 5.42% | -4.52% | -8.87% | |
70 Neutral | HK$228.52M | 1.75 | 7.82% | 2.39% | -39.70% | -51.97% | |
65 Neutral | HK$650.70M | 5.91 | 7.76% | 8.00% | -35.49% | -32.38% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | HK$8.60B | 18.06 | 5.60% | 1.77% | 7.88% | 16.03% | |
42 Neutral | HK$474.76M | -8.61 | -24.76% | ― | 10.86% | -169.32% | |
40 Underperform | HK$47.52M | -3.02 | -49.70% | ― | -1.48% | 69.34% |
* Basic Materials Sector Average
HK:1116
Mayer Holdings Ltd.
0.22
-0.02
-8.33%
HK:0826
Tiangong International Co. Ltd.
3.26
0.68
26.41%
HK:1118
Golik Holdings Limited
1.20
0.22
22.57%
HK:1553
Maike Tube Industry Holdings Limited
1.50
0.09
6.38%
HK:1938
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.
0.24
-0.18
-42.62%
HK:8402
GT Steel Construction Group Limited
0.10
-0.06
-37.20%
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.