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AP Rentals Holdings Ltd. (1496) AI Stock Analysis
AP Rentals Holdings Ltd.
(HKEX:1496)
The stock’s score reflects a financially stable company with a strong balance sheet and adequate cash flow, offset by declining revenue and modest profitability. Technical indicators show a sustained uptrend with strong momentum, while valuation appears fair with a mid-teens P/E and a solid dividend yield, supporting a moderately positive but not high-conviction rating.
AP Rentals Holdings Ltd. (1496) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 170.21M
- Dividend Yield
- 4.31%
- Average Volume (3M)
- 146.69K
- Price to Earnings (P/E)
- 15.9
- Beta (1Y)
- 0.52
- Revenue Growth
- -9.62%
- EPS Growth
- -12.06%
- Country
- Hong Kong
- Employees
- 123
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Rental & Leasing Services
AP Rentals Holdings Ltd. Business Overview & Revenue Model
Company Description
AP Rentals Holdings Limited operates as an investment holding company, primarily focusing on the rental of diverse equipment for the construction, electrical and mechanical (E&M) engineering, and event and entertainment industries. Its geographical r...
AP Rentals Holdings Ltd. Financial Statement Overview
Summary
Overall financial performance is mixed: the balance sheet is strong with low leverage and substantial equity, cash generation is adequate but has softened, and the income statement shows positive margins but declining revenue and uneven operating results.
Income Statement
58NeutralBalance Sheet
78PositiveCash Flow
62Positive| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 151.60M | 144.81M | 160.22M | 174.07M | 160.55M | 134.80M |
| Gross Profit | 44.52M | 43.98M | 46.45M | 52.04M | 45.02M | 20.59M |
| EBITDA | 54.39M | 45.65M | 63.75M | 61.41M | 58.33M | 54.61M |
| Net Income | 12.57M | 10.68M | 12.16M | 10.36M | 12.78M | -4.46M |
Balance Sheet | ||||||
| Total Assets | 337.02M | 332.04M | 339.13M | 339.43M | 327.89M | 318.67M |
| Cash, Cash Equivalents and Short-Term Investments | 110.33M | 112.36M | 108.33M | 93.66M | 74.92M | 56.08M |
| Total Debt | 47.55M | 40.84M | 49.81M | 42.67M | 42.34M | 33.96M |
| Total Liabilities | 104.60M | 94.90M | 105.07M | 111.12M | 103.73M | 106.41M |
| Stockholders Equity | 232.43M | 237.14M | 234.06M | 228.31M | 224.16M | 212.26M |
Cash Flow | ||||||
| Free Cash Flow | 30.14M | 16.66M | 8.37M | 18.28M | 9.94M | -16.36M |
| Operating Cash Flow | 52.55M | 41.94M | 52.67M | 37.20M | 65.71M | 57.04M |
| Investing Cash Flow | -7.70M | -15.80M | -28.02M | -10.49M | -40.19M | -45.84M |
| Financing Cash Flow | -25.94M | -22.57M | -9.52M | -7.06M | -6.27M | 6.51M |
AP Rentals 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:1496, the sentiment is Positive. The current price of 0.21 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.20, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of 0.00 indicates Positive momentum. The RSI at 62.22 is Neutral, neither overbought nor oversold. The STOCH value of 24.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1496.
AP Rentals Holdings Ltd. Peers Comparison
Overall Rating
HK:387769Neutral- HK:149669Neutral
HK:258868Neutral
HK:844661Neutral
HK:184850Neutral
HK:134137Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:3877 | 69Neutral | HKD 14.58B | 7.34 | 12.77% | 6.79% | -9.54% | 3.81% |
| HK:1496 | 69Neutral | HKD 170.21M | 15.89 | 4.55% | 4.31% | -9.62% | -12.06% |
| HK:2588 | 68Neutral | HKD 49.38B | 7.89 | 11.56% | 5.35% | -1.72% | -0.06% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:8446 | 61Neutral | HKD 20.80M | 0.61 | 13.10% | ― | -0.51% | -48.01% |
| HK:1848 | 50Neutral | HKD 2.54B | 6.69 | 8.31% | 9.57% | 18.84% | 38.16% |
| HK:1341 | 37Underperform | HKD 244.10M | -0.01 | -19.11% | ― | -37.24% | ― |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1496 | AP Rentals Holdings Ltd. | 0.20 | 0.05 | 33.11% | |
| HK:2588 | BOC Aviation | 71.15 | 5.60 | 8.54% | |
| HK:1848 | China Aircraft Leasing Group Holdings | 3.35 | -0.75 | -18.33% | |
| HK:3877 | CSSC (Hong Kong) Shipping Company Limited | 2.35 | 0.40 | 20.76% | |
| HK:1341 | Hao Tian International Construction Investment Group Limited | 0.02 | -0.18 | -88.94% | |
| HK:8446 | In Technical Productions Holdings Limited | 0.37 | -2.65 | -87.75% |
AP Rentals Holdings Ltd. Corporate Events
AP Rentals expands equipment fleet in discloseable Hong Kong transaction
AP Rentals Holdings’ subsidiary has agreed to purchase 18 units of equipment from an independent vendor for HKD18.65 million, following earlier orders for 21 units worth HKD6.68 million in the past 12 months. The series of acquisitions, all inv...
AP Rentals Warns of Interim Loss as Airport Runway Work Nears Completion
AP Rentals Holdings Ltd. has warned that it swung to a loss after tax of about HK$7.8 million for the four months ended 31 July 2026, compared with a profit of roughly HK$4.0 million a year earlier, as revenue from equipment leasing in Hong Kong fell...
AP Rentals shareholders back all AGM resolutions, approve dividend and share mandates
Shareholders of AP Rentals Holdings overwhelmingly approved all resolutions at the annual general meeting held on 26 August 2026, with each motion receiving more than 99.99% of votes cast. The meeting endorsed the audited results for the year to 31 M...
AP Rentals sets 2026 AGM to approve dividend, director slate and share issue mandate
AP Rentals Holdings Ltd. has called its annual general meeting for 26 August 2026 in Central, Hong Kong, where shareholders will review the audited financial statements for the year ended 31 March 2026 and vote on a proposed final dividend of HK0.62...
AP Rentals Adds Industry Role Details for Executive Director Lau Tsz Fung
AP Rentals Holdings Ltd. has issued a supplemental announcement clarifying the biographical details of executive director Lau Tsz Fung, previously appointed in February 2024 and referenced in the company’s 2025 annual report. The company disclo...
AP Rentals Posts Lower Annual Profit as Leasing Revenue Falls
AP Rentals Holdings reported a decline in revenue for the year ended 31 March 2026, with total revenue falling 9.6% to HK$144.8 million, mainly due to lower equipment leasing income. Profit for the year dropped 12.2% to HK$10.7 million, although gros...
AP Rentals Declares Final Cash Dividend for FY2026
AP Rentals Holdings Ltd. has declared a final ordinary cash dividend of HKD 0.0062 per share for the financial year ended 31 March 2026, subject to shareholder approval on 26 August 2026. The dividend will be paid in Hong Kong dollars through Compute...
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 18, 2026