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Sang Hing Holdings (International) Ltd. (1472) AI Stock Analysis
Sang Hing Holdings (International) Ltd.
(HKEX:1472)
The overall score reflects a balance between a solid capital structure and improving cash generation on one side, and ongoing operating losses and valuation risk on the other. The most significant factor is financial performance: very low leverage and robust equity underpin resilience, but the shift to persistent losses and historically weak cash conversion keep the profile in turnaround rather than steady-growth territory. Technicals provide a meaningful offset, with the share price trading above key moving averages and momentum indicators in a healthy, non-stretched range, suggesting constructive but measured market sentiment. Valuation contributes modestly, as a negative P/E and lack of dividend imply that investors are primarily betting on a successful recovery rather than paying for proven earnings, which adds risk and caps the overall score at a mid-50s level.
Sang Hing Holdings (International) Ltd. (1472) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 89.00M
- Dividend Yield
- ―
- Average Volume (3M)
- 308.10K
- Price to Earnings (P/E)
- -7.7
- Beta (1Y)
- 0.73
- Revenue Growth
- 63.95%
- EPS Growth
- -27.47%
- Country
- Hong Kong
- Employees
- 200
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Engineering & Construction
Sang Hing Holdings (International) Ltd. Business Overview & Revenue Model
Company Description
Sang Hing Holdings (International) Limited operates as an investment holding company, providing a diverse array of civil engineering and related services throughout Hong Kong. Its operational activities encompass specialist projects such as site prep...
How the Company Makes Money
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Sang Hing Holdings (International) Ltd. Financial Statement Overview
Summary
Financial performance is mixed: revenue has rebounded strongly with ~34% growth, but the company has shifted from solid profits in 2021–2022 to recurring losses since 2023, with negative operating and net margins. The balance sheet is a clear strength, with very low debt relative to equity and stable assets supporting solvency, yet returns on equity have turned negative. Cash flow has just moved from several years of negative operating and free cash flow to one strong year of positive figures, indicating an early but unproven recovery. Overall, conservative leverage and recent cash flow improvement are offset by persistent losses and historically volatile cash generation, warranting a slightly below-average but not distressed score.
Income Statement
32NegativeBalance Sheet
78PositiveCash Flow
41Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 319.33M | 319.33M | 194.78M | 116.47M | 323.72M | 426.96M |
| Gross Profit | 17.38M | 17.38M | 3.77M | 4.17M | 4.00M | 32.08M |
| EBITDA | -8.78M | -9.98M | -58.00K | -825.00K | -80.00K | 23.70M |
| Net Income | -11.65M | -11.65M | -9.10M | -6.36M | -8.40M | 11.97M |
Balance Sheet | ||||||
| Total Assets | 362.21M | 362.21M | 331.38M | 321.94M | 359.12M | 380.55M |
| Cash, Cash Equivalents and Short-Term Investments | 55.32M | 55.32M | 29.22M | 44.35M | 57.26M | 61.17M |
| Total Debt | 9.99M | 9.99M | 561.00K | 1.23M | 2.21M | 950.00K |
| Total Liabilities | 79.92M | 79.92M | 37.45M | 18.91M | 49.74M | 62.77M |
| Stockholders Equity | 282.28M | 282.28M | 293.93M | 303.03M | 309.38M | 317.78M |
Cash Flow | ||||||
| Free Cash Flow | 0 | 20.62M | -12.40M | -13.12M | -4.71M | -51.84M |
| Operating Cash Flow | 0 | 36.12M | -5.07M | -13.11M | 190.00K | -48.85M |
| Investing Cash Flow | 0 | -12.31M | -7.12M | 1.67M | 211.00K | 28.37M |
| Financing Cash Flow | 0 | -1.67M | -1.38M | -1.44M | -1.15M | -981.00K |
Sang Hing Holdings (International) Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1472, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.10, and below the 200-day MA of 0.10, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 37.99 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1472.
Sang Hing Holdings (International) Ltd. Peers Comparison
Overall Rating
HK:841176Outperform- HK:147257Neutral
HK:145954Neutral
HK:141346Neutral
HK:681643Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:8411 | 76Outperform | HKD 159.52M | 13.24 | 26.35% | 5.63% | 126.12% | ― |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:1472 | 57Neutral | HKD 89.00M | -7.67 | -4.14% | ― | 63.95% | -27.47% |
| HK:1459 | 54Neutral | HKD 106.67M | -1.20 | -4.67% | ― | -10.46% | -582.88% |
| HK:1413 | 46Neutral | HKD 102.34M | -1.15 | -26.71% | ― | -51.29% | 43.87% |
| HK:6816 | 43Neutral | HKD 161.60M | -1.06 | 848.01% | ― | -25.29% | 7.74% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1472 | Sang Hing Holdings (International) Ltd. | 0.09 | 0.02 | 32.84% | |
| HK:1413 | Kwong Luen Engineering Holdings Limited | 0.21 | -0.20 | -48.77% | |
| HK:1459 | Jujiang Construction Group Co., Ltd. Class H | 0.20 | -0.07 | -24.53% | |
| HK:6816 | Prosper Construction Holdings Limited | 0.20 | 0.00 | 1.00% | |
| HK:8411 | K W Nelson Interior Design and Contracting Group Limited | 0.16 | 0.09 | 138.81% |
Sang Hing Holdings (International) Ltd. Corporate Events
Sang Hing Holdings Secures Unanimous Shareholder Backing at 2026 AGM
Sang Hing Holdings (International) Ltd. announced that all resolutions proposed at its annual general meeting held on 17 September 2026 were unanimously approved by shareholders via poll. The meeting endorsed the audited financial statements for the...
Sang Hing Joint Venture Wins HK$688.8 Million Tung Chung Infrastructure Tender
Sang Hing Holdings (International) Ltd. has announced that a joint venture between its wholly-owned unit Sang Hing Civil Contractors Company Ltd. and Tapbo Civil Engineering Company Ltd. has secured a major civil engineering tender in Hong Kong. The...
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: Aug 04, 2026