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Skymission Group Holdings Limited
(1429)
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Rating:44Neutral
Price Target:
HK$0.21
▲(114.00% Upside)
Action:Reiterated
Date:04/30/26
The score is held down primarily by deteriorating financial performance—sharp revenue decline, major margin compression, significant losses, and persistently negative operating/free cash flow. Technicals are mixed (neutral RSI with price below short-term averages but above longer-term averages), providing limited support. Valuation is constrained by a negative P/E and no dividend yield data.
Positive Factors
Manageable leverage
A debt-to-equity ratio near 0.26 implies limited financial leverage for an engineering/construction firm, reducing near-term refinancing and interest burden risk. This gives the company structural flexibility to support operations or absorb shocks while pursuing turnaround actions over the next several months.
Negative Factors
Sharp revenue decline
A ~24% revenue drop materially reduces scale and long-term absorptive capacity for fixed costs, weakening pricing power and margin restoration prospects. Sustained revenue contraction over multiple quarters can erode backlog, supplier terms and client relationships, making recovery slower and more resource-intensive.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage
A debt-to-equity ratio near 0.26 implies limited financial leverage for an engineering/construction firm, reducing near-term refinancing and interest burden risk. This gives the company structural flexibility to support operations or absorb shocks while pursuing turnaround actions over the next several months.
Read all positive factors
Skymission Group Holdings Limited (1429) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$395.52M
Dividend YieldN/A
Average Volume (3M)3.04M
Price to Earnings (P/E)―
Beta (1Y)0.80
Revenue Growth20.00%
EPS Growth-32.63%
CountryHK
Employees2,778
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)-0.09
Shares Outstanding1,920,000,000
10 Day Avg. Volume1,519,600
30 Day Avg. Volume3,035,066
Financial Highlights & Ratios
PEG Ratio-0.11
Price to Book (P/B)4.31
Price to Sales (P/S)1.04
P/FCF Ratio0.00
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
Skymission Group Holdings Limited Business Overview & Revenue Model
Company Description
Serving as an investment holding company, Skymission Group Holdings Limited's core business involves providing formwork subcontracting services across Hong Kong. The firm extends its expertise to construction enterprises engaged in both public sec...
Skymission Group Holdings Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
54
Neutral
Cash Flow
22
Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 483.50M | 402.91M | 608.08M | 612.78M | 538.36M |
| Gross Profit | 17.25M | 4.35M | 8.70M | 44.54M | 56.14M |
| EBITDA | -134.71M | -92.03M | -16.52M | 51.24M | 50.67M |
| Net Income | -139.92M | -105.41M | -32.40M | 30.58M | 28.79M |
Balance Sheet | |||||
| Total Assets | 216.33M | 345.07M | 466.06M | 490.50M | 444.75M |
| Cash, Cash Equivalents and Short-Term Investments | 4.74M | 665.00K | 13.41M | 24.55M | 32.37M |
| Total Debt | 14.61M | 65.42M | 54.98M | 49.41M | 51.86M |
| Total Liabilities | 99.28M | 92.11M | 107.69M | 96.82M | 84.56M |
| Stockholders Equity | 117.04M | 252.96M | 358.37M | 393.69M | 360.19M |
Cash Flow | |||||
| Free Cash Flow | 0.00 | -16.47M | -14.57M | -3.09M | -32.20M |
| Operating Cash Flow | 0.00 | -16.47M | -14.57M | -3.09M | -24.36M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | -7.84M |
| Financing Cash Flow | 0.00 | 3.72M | 3.43M | -4.73M | 7.90M |
Skymission Group Holdings Limited Technical Analysis
Positive
0.10
Price Trends
0.17
Positive
0.20
Positive
0.19
Positive
Market Momentum
0.01
Negative
70.40
Negative
72.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1429, the sentiment is Positive. The current price of 0.1 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.17, and below the 200-day MA of 0.19, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 70.40 is Negative, neither overbought nor oversold. The STOCH value of 72.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1429.
Skymission Group Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$1.73B | 3.77 | 15.72% | 12.14% | -12.79% | -0.62% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | HK$737.61M | 0.96 | 31.00% | 5.49% | -12.39% | ― | |
47 Neutral | HK$273.63M | -0.31 | -31.01% | 7.32% | -22.33% | -203.23% | |
44 Neutral | HK$395.52M | -2.47 | -75.79% | ― | 20.00% | -32.63% | |
42 Neutral | HK$221.22M | -1.10 | -15.28% | 5.18% | 13.50% | -106.11% |
* Industrials Sector Average
HK:1429
Skymission Group Holdings Limited
0.22
0.18
453.85%
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1.40
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0.26
<0.01
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Yau Lee Holdings Limited
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Macau E&M Holding Limited
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HK:0610
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24.00%
Skymission Group Holdings Limited Corporate Events
Skymission Group Sets August AGM, Seeks Fresh Share Issue Mandate
Jul 27, 2026
Skymission Group Holdings Limited has called its annual general meeting for 28 August 2026 in Shenzhen, where shareholders will review and adopt the audited consolidated financial statements for the year ended 31 March 2026, along with the directo...
Skymission’s Revenue Climbs but Annual Loss Deepens and Dividend Scrapped
Jun 30, 2026
Skymission Group Holdings Limited reported a 20.0% year-on-year increase in revenue to HK$483.5 million for the year ended 31 March 2026, with gross profit jumping over threefold to HK$17.9 million and gross margin improving from 1.1% to 3.7%. Des...
Skymission Sets June Board Meeting to Approve Annual Results and Consider Dividend
Jun 12, 2026
Skymission Group Holdings Limited has scheduled a board meeting for 30 June 2026 to review and approve the audited annual results for the year ended 31 March 2026. The board will also consider the publication of these results and decide whether to...
Skymission Appoints TARGET CPA as Auditor With Lower Agreed Fee
Jun 3, 2026
Skymission Group Holdings Limited has confirmed a change of auditor, appointing TARGET CPA as its new external auditor after shareholders approved the move at an extraordinary general meeting. The decision follows the resignation of former auditor...
Skymission Explores Tech-Focused Circular Economy Business While Keeping Core Formwork Operations
Jun 1, 2026
Skymission Group Holdings has announced that, while maintaining its core construction formwork services in Hong Kong, it is exploring entry into an intelligent circular economy technology business. The planned diversification would leverage digita...
Skymission Shareholders Unanimously Approve Appointment of New Auditor
May 27, 2026
Skymission Group Holdings Limited, a Cayman-incorporated company listed in Hong Kong under stock code 1429, reported on the conduct of its extraordinary general meeting and the participation of its full board, including executive, non-executive an...
Skymission Calls May 2026 EGM to Appoint New Auditor
May 11, 2026
Skymission Group Holdings Limited has called an extraordinary general meeting in Shenzhen on 27 May 2026 for shareholders to vote on appointing TARGET CPA Limited as its new auditor, following the resignation of Asian Alliance (HK) CPA Limited. Th...
Skymission Sets May EGM and Closes Register to Fix Voting Rights
May 7, 2026
Skymission Group Holdings Limited has scheduled an extraordinary general meeting for 27 May 2026 and will issue a circular and meeting notice to shareholders around 12 May 2026. The meeting relates to previously announced corporate matters, includ...
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.