Want to see HK:1201 full AI Analyst Report?
Tesson Holdings Ltd. (1201) AI Stock Analysis
Tesson Holdings Ltd.
(HKEX:1201)
The overall score is driven primarily by very weak financial performance, including shrinking revenue, deeply negative margins, major asset and equity contraction, and persistent cash burn that together signal high financial risk and limited resilience. Technical indicators add a moderate downgrade, showing a mildly negative trend and weak momentum without clear signs of recovery, keeping the stock in a fragile trading posture. Valuation contributes further caution because losses and a negative P/E ratio offer little fundamental support, leaving the share price speculative rather than anchored in sustainable earnings or cash flows.
Tesson Holdings Ltd. (1201) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 449.21M
- Dividend Yield
- ―
- Average Volume (3M)
- 183.93K
- Price to Earnings (P/E)
- -36.6
- Beta (1Y)
- -0.57
- Revenue Growth
- 124.79%
- EPS Growth
- 86.71%
- Country
- Hong Kong
- Employees
- 70
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Electrical Equipment & Parts
Tesson Holdings Ltd. Business Overview & Revenue Model
Company Description
Tesson Holdings Limited, an investment holding company, engages in the lithium-ion motive battery business in the People's Republic of China. The company operates in two divisions, the Lithium-ion Motive Battery Business and the Internet Sales Busine...
Tesson Holdings Ltd. Financial Statement Overview
Summary
Financial performance is extremely weak, with revenue collapsing 75% from a 2020 peak of $762.9M, a 33.5% year-over-year drop in 2025, and five consecutive years of net losses exceeding $680M. The latest year shows a gross margin of -62.4% and a net margin of -84.9%, indicating severe operating distress and an inability to control costs. The balance sheet has deteriorated sharply, with total assets down 82% and equity down 68% over five years, while return on equity is deeply negative. Persistent negative operating and free cash flow, including free cash flow of -$17.7M in 2025, signals ongoing cash burn and limited financial flexibility, consistent with a real estate developer in severe distress.
Income Statement
15Very NegativeBalance Sheet
28NegativeCash Flow
12Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 103.60M | 30.65M | 66.71M | 129.16M | 94.40M | 159.84M |
| Gross Profit | -900.00K | 742.00K | -2.95M | 2.19M | 8.02M | 11.43M |
| EBITDA | 22.65M | -32.14M | -70.49M | -24.15M | -53.47M | -194.01M |
| Net Income | -17.91M | -26.01M | -142.89M | -89.73M | -196.06M | -326.94M |
Balance Sheet | ||||||
| Total Assets | 553.84M | 529.27M | 420.16M | 599.03M | 696.85M | 2.53B |
| Cash, Cash Equivalents and Short-Term Investments | 24.61M | 16.33M | 9.58M | 2.65M | 6.36M | 12.70M |
| Total Debt | 95.80M | 101.46M | 33.02M | 53.30M | 62.28M | 230.02M |
| Total Liabilities | 409.20M | 396.32M | 307.24M | 371.51M | 356.29M | 1.74B |
| Stockholders Equity | 349.58M | 341.20M | 333.98M | 418.03M | 528.78M | 764.59M |
Cash Flow | ||||||
| Free Cash Flow | -62.52M | -17.68M | -42.22M | -6.82M | 7.96M | -50.12M |
| Operating Cash Flow | -44.24M | -2.44M | -40.61M | -3.26M | 27.90M | -26.57M |
| Investing Cash Flow | -18.86M | -15.23M | -1.60M | 16.89M | 171.02M | 22.10M |
| Financing Cash Flow | 77.58M | 15.86M | 48.21M | -14.06M | -189.12M | -1.00M |
Tesson Holdings Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1201, the sentiment is Neutral. The current price of 1.85 is below the 20-day moving average (MA) of 1.90, below the 50-day MA of 2.02, and below the 200-day MA of 2.30, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 50.76 is Neutral, neither overbought nor oversold. The STOCH value of 32.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1201.
Tesson Holdings Ltd. Peers Comparison
Overall Rating
HK:127861Neutral
HK:013153Neutral
HK:061849Neutral- HK:120144.5Neutral
HK:016041Neutral
HK:163840Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:1278 | 61Neutral | HKD 534.94M | 3.95 | 2.70% | 8.00% | 29.06% | 93.48% |
| HK:0131 | 53Neutral | HKD 786.48M | 7.53 | 1.75% | 4.15% | 166.73% | ― |
| HK:0618 | 49Neutral | HKD 807.54M | 0.39 | 262.91% | ― | -2.43% | ― |
| HK:1201 | 45Neutral | HKD 844.20M | -36.64 | -5.18% | ― | 124.79% | 86.71% |
| HK:0160 | 41Neutral | HKD 360.21M | -0.68 | -5.07% | 2.00% | -17.82% | 21.91% |
| HK:1638 | 40Underperform | HKD 190.10M | 0.00 | 817.88% | ― | -16.73% | ― |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1201 | Tesson Holdings Ltd. | 1.92 | 1.21 | 170.42% | |
| HK:1638 | Kaisa Group Holdings Ltd. | 0.01 | -0.10 | -87.18% | |
| HK:0618 | Peking University Resources Holdings Co. Ltd. | 0.29 | 0.13 | 79.88% | |
| HK:0131 | Cheuk Nang (Holdings) Limited | 1.21 | -0.09 | -7.02% | |
| HK:1278 | China New Town Development Co. Ltd. | 0.06 | -0.03 | -36.78% | |
| HK:0160 | Hon Kwok Land Investment Co., Ltd. | 0.50 | -0.51 | -50.69% |
Tesson Holdings Ltd. Corporate Events
Tesson Holdings Delays Circular on Major New Energy Share Deal
Tesson Holdings Ltd. has announced a delay in sending a shareholder circular related to its proposed major transaction involving the acquisition and subscription of shares in Contemporary Huazhi New Energy Technology Hong Kong Ltd. The circular was o...
Tesson Holdings Announces Resignation of Executive Director Yu Xiaolei
Tesson Holdings Ltd. announced that executive director Yu Xiaolei has resigned from the board effective 16 October 2026, citing other business engagements that require her greater attention. The company stated that Yu has no disagreements with the bo...
Tesson Holdings Sets Out Board and Committee Structure
Tesson Holdings Limited has announced the current composition of its board of directors, led by chairman Wei Mingren, and including five other executive directors alongside four independent non-executive directors. The updated listing clarifies the c...
Tesson to Buy Hong Kong Target, Inject Capital and Add Executive Director
Tesson Holdings Ltd. has agreed, through a wholly owned subsidiary, to acquire 100% of a Hong Kong target company for RMB98.4 million, funded by a mix of cash and newly issued shares, and to inject an additional RMB21.6 million in capital. Upon compl...
Tesson Holdings Narrows Interim Loss Despite Surging Revenue
Tesson Holdings Ltd. reported a sharp increase in revenue to HK$88.8 million for the six months ended 30 June 2026, up from HK$15.9 million a year earlier, lifting gross profit to HK$9.8 million. However, higher finance costs and substantial administ...
Tesson Holdings sets board meeting to approve interim results and consider dividend
Tesson Holdings Ltd. has announced that its board will convene on 31 August 2026 to review and approve the interim results for the six months ended 30 June 2026 for the company and its subsidiaries. The board will also consider the publication of the...
Tesson Holdings Relocates Hong Kong Head Office to Harbour Centre
Tesson Holdings Ltd. has announced a change of its head office and principal place of business in Hong Kong to Units 09-10, 20th Floor, Harbour Centre, 25 Harbour Road, Wan Chai, effective 10 August 2026. The company stated that its website, email ad...
Tesson Holdings completes HK$1.50 share placing and underwriting deal
Tesson Holdings has completed a placing of new shares under a specific mandate alongside an underwriting arrangement provided by its controlling shareholder, Double Key. The company issued 36.8 million placing shares at HK$1.50 each to placees, while...
Tesson reallocates share subscription proceeds amid loan dispute and shelved JV plan
Tesson Holdings Ltd. has issued a supplemental announcement clarifying changes in the use of proceeds from two share subscription exercises completed in 2025, which together raised about HK$49.448 million. The board detailed how funds originally earm...
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: Sep 23, 2026