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Impro Precision Industries Limited
(1286)
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Rating:58Neutral
Price Target:
HK$6.00
▲(18.58% Upside)
Action:Reiterated
Date:10/16/26
The score is supported primarily by fundamentally solid profitability and manageable leverage, but is held back by weakened cash-flow conversion and a clear negative technical trend (price below major moving averages with bearish momentum). Valuation is reasonable (mid P/E with a moderate yield), providing some offset but not enough to overcome the weak technical setup.
Positive Factors
Steady Revenue Growth
Sustained revenue expansion indicates that Impro is maintaining demand for its precision components across industrial applications. Continued growth supports better capacity utilization, reinforces customer relationships, and provides a durable base for earnings generation over the next several quarters.
Negative Factors
Weak Cash Conversion
The gap between accounting profit and cash generation is a meaningful durability concern. Lower operating cash conversion and sharply reduced free cash flow can constrain internally funded investment, increase reliance on working-capital management, and make earnings quality less dependable over time.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue Growth
Sustained revenue expansion indicates that Impro is maintaining demand for its precision components across industrial applications. Continued growth supports better capacity utilization, reinforces customer relationships, and provides a durable base for earnings generation over the next several quarters.
Read all positive factors
Impro Precision Industries Limited (1286) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$11.57B
Dividend Yield2.69%
Average Volume (3M)3.00M
Price to Earnings (P/E)14.1
Beta (1Y)0.90
Revenue Growth19.63%
EPS Growth16.42%
CountryHK
Employees9,424
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)0.42
Shares Outstanding1,947,285,600
10 Day Avg. Volume4,650,740
30 Day Avg. Volume3,001,582
Financial Highlights & Ratios
PEG Ratio1.09
Price to Book (P/B)1.64
Price to Sales (P/S)1.80
P/FCF Ratio33.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$12.27Price Target Upside142.49% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.46
Revenue Forecast (FY)HK$6.24B
Impro Precision Industries Limited Business Overview & Revenue Model
Company Description
Impro Precision Industries Limited operates internationally, including in the United States, Europe, and the People's Republic of China, specializing in the design, manufacture, and distribution of advanced casting and precision-machined component...
How the Company Makes Money
Impro Precision Industries Limited makes money mainly by manufacturing and selling precision metal components and related value-added services to business customers. Revenue is generated from (1) the sale of precision parts and assemblies produced...
Impro Precision Industries Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.66B | 5.10B | 4.69B | 4.60B | 4.35B | 3.78B |
| Gross Profit | 1.67B | 1.40B | 1.27B | 1.18B | 1.40B | 1.13B |
| EBITDA | 1.60B | 1.42B | 1.19B | 1.23B | 1.17B | 913.93M |
| Net Income | 800.88M | 726.18M | 644.30M | 585.09M | 581.95M | 382.78M |
Balance Sheet | ||||||
| Total Assets | 10.93B | 9.39B | 8.17B | 8.30B | 7.76B | 7.04B |
| Cash, Cash Equivalents and Short-Term Investments | 1.25B | 720.94M | 601.75M | 630.85M | 483.29M | 578.96M |
| Total Debt | 2.50B | 2.43B | 2.20B | 2.26B | 2.21B | 1.54B |
| Total Liabilities | 4.08B | 3.77B | 3.43B | 3.40B | 3.36B | 2.66B |
| Stockholders Equity | 6.73B | 5.60B | 4.72B | 4.88B | 4.38B | 4.36B |
Cash Flow | ||||||
| Free Cash Flow | 175.56M | 276.19M | 534.22M | 570.04M | 71.33M | -635.76M |
| Operating Cash Flow | 1.31B | 1.18B | 1.15B | 1.28B | 782.29M | 401.09M |
| Investing Cash Flow | -1.09B | -988.38M | -690.00M | -772.89M | -1.22B | -1.03B |
| Financing Cash Flow | 343.95M | -95.94M | -467.17M | -359.69M | 379.45M | 579.93M |
Impro Precision Industries Limited Technical Analysis
Negative
5.06
Price Trends
7.37
Negative
7.74
Negative
8.00
Negative
Market Momentum
-0.38
Negative
36.24
Neutral
39.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1286, the sentiment is Negative. The current price of 5.06 is below the 20-day moving average (MA) of 6.42, below the 50-day MA of 7.37, and below the 200-day MA of 8.00, indicating a bearish trend. The MACD of -0.38 indicates Negative momentum. The RSI at 36.24 is Neutral, neither overbought nor oversold. The STOCH value of 39.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1286.
Impro Precision Industries Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | HK$27.34B | 7.35 | 13.60% | 4.67% | 7.74% | 0.33% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | HK$5.29B | 4.69 | 10.15% | 9.59% | 19.90% | 67.16% | |
58 Neutral | HK$11.57B | 14.14 | 12.98% | 2.69% | 19.63% | 16.42% | |
53 Neutral | HK$1.68B | 3.80 | 4.42% | 4.52% | -18.58% | ― | |
44 Neutral | HK$8.04B | -47.20 | -5.65% | ― | 66.66% | -87.31% | |
40 Underperform | HK$1.37B | 41.70 | 1.91% | 5.97% | -3.71% | -89.20% |
* Industrials Sector Average
HK:1286
Impro Precision Industries Limited
5.94
1.03
21.08%
HK:0658
China High Speed Transmission Equipment Group Co
1.03
-0.75
-42.13%
HK:1882
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17.13
-3.29
-16.12%
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L.K. Technology Holdings Limited
1.01
-2.57
-71.89%
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1.44
-0.36
-20.01%
HK:2432
Shenzhen Dobot Corp Ltd Class H
18.28
-31.77
-63.48%
Impro Precision Industries Limited Corporate Events
Impro Precision Publishes Interim Results for First Half of 2026
Aug 11, 2026
Impro Precision Industries Limited, a Cayman Islands-incorporated company listed in Hong Kong under stock code 1286, operates in the precision manufacturing sector and serves global industrial customers. Its shares trade on the Main Board of The S...
Impro Precision Industries Declares Interim Dividend of HKD 0.08 Per Share
Aug 11, 2026
Impro Precision Industries Limited has declared an interim ordinary cash dividend of HKD 0.08 per share for the six months ended 30 June 2026, for its financial year ending 31 December 2026. The ex-dividend date is set for 24 August 2026, with the...
Impro Precision Schedules Board Meeting to Approve Interim Results and Dividend
Jul 28, 2026
Impro Precision Industries Limited has announced that its board of directors will convene on 11 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The board will also consider the declaration of ...
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.