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OKG Technology Holdings Limited (HK:1499)
:1499
Hong Kong Market

OKG Technology Holdings Limited (1499) AI Stock Analysis

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HK

OKG Technology Holdings Limited

(1499)

43Neutral
OKG Technology Holdings Limited is struggling with significant financial challenges, including declining revenues and profitability, high leverage, and poor cash flow management. These factors are compounded by technical indicators suggesting downward momentum and a negative valuation outlook due to its negative P/E ratio. The company's stock is currently viewed as a high-risk investment, with substantial hurdles to overcome before it can achieve stability and growth.

OKG Technology Holdings Limited (1499) vs. S&P 500 (SPY)

OKG Technology Holdings Limited Business Overview & Revenue Model

Company DescriptionOKG Technology Holdings Limited, an investment holding company, provides foundation works and ancillary services in Hong Kong and the People's Republic of China. The company operates through Foundation, Building Construction Works and Ancillary Services; Construction Wastes Handling Services; Digital Assets Related Businesses; Technical Services; and Other Business segments. It provides site formation, excavation and lateral support, piling construction, pile caps or footing construction, and reinforced concrete structure works; and building construction works and ancillary services, such as hoarding and demolition works, as well as leases machinery. The company also operates and manages public fill reception facilities, including public fill banks and temporary construction waste sorting facilities for construction and demolition materials; invests in securities; and lends money. In addition, it develops and manages USDK smart contract, as well as offers technology development and I.T. infrastructure services; project management; trading in digital assets; trust and custody services; and internet content and valued-added telecommunications services. The company was formerly known as LEAP Holdings Group Limited and changed its name to OKG Technology Holdings Limited in February 2020. The company was founded in 2001 and is headquartered in Causeway Bay, Hong Kong. OKG Technology Holdings Limited is a subsidiary of OKC Holdings Corporation.
How the Company Makes MoneyOKG Technology Holdings Limited generates revenue through the sale of its technology solutions and services. The company focuses on developing and deploying products that address specific business needs, enabling clients to optimize their operations. Revenue streams include licensing fees for software products, service contracts for technology implementation and maintenance, and consulting fees for strategic technology advisory services. The company may also engage in partnerships with other technology firms to expand its offerings and reach new markets, thereby enhancing its revenue potential. Additionally, it could benefit from recurring revenue models such as subscription-based services, which provide a steady income stream.

OKG Technology Holdings Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
337.33M356.43M385.61M452.96M570.32M
Gross Profit
66.21M155.22M84.28M41.86M42.59M
EBIT
-42.57M59.85M-72.68M-104.41M-54.19M
EBITDA
-34.18M73.97M-34.07M-47.26M-9.82M
Net Income Common Stockholders
-40.30M43.49M-58.06M-93.86M-61.60M
Balance SheetCash, Cash Equivalents and Short-Term Investments
81.29M105.26M156.41M265.30M273.97M
Total Assets
1.33B1.11B997.33M605.14M603.22M
Total Debt
982.66M555.41M596.75M150.82M177.73M
Net Debt
920.71M464.79M461.19M-84.42M-67.10M
Total Liabilities
1.17B896.60M830.71M385.57M302.07M
Stockholders Equity
165.69M205.55M162.07M219.57M301.14M
Cash FlowFree Cash Flow
-12.00K-93.56M-68.83M-1.23M-80.01M
Operating Cash Flow
1.43M-88.95M-68.70M3.74M-32.87M
Investing Cash Flow
-11.79M-4.59M7.86M7.64M-60.38M
Financing Cash Flow
-18.20M48.30M-47.86M-15.50M4.99M

OKG Technology Holdings Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.14
Price Trends
50DMA
0.15
Negative
100DMA
0.16
Negative
200DMA
0.16
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
51.34
Neutral
STOCH
53.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1499, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.15, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.34 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1499.

OKG Technology Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
$4.25B11.725.24%249.79%4.07%-9.45%
43
Neutral
HK$757.24M-21.57%37.43%-3100.00%
43
Neutral
HK$11.08B-46.88%-29.20%-1542.77%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1499
OKG Technology Holdings Limited
0.14
-0.07
-33.33%
HKBNF
HKBN
KSFTF
Kingsoft
5.22
1.94
59.15%
HK:9993
Radiance Holdings (Group) Company Limited
2.74
0.43
18.61%

OKG Technology Holdings Limited Corporate Events

OKG Technology Holdings Limited Announces Auditor Change to Deloitte
Mar 28, 2025

OKG Technology Holdings Limited has announced a change of auditor to enhance the efficiency of its financial audits. HLB Hodgson Impey Cheng Limited has resigned as the auditor, and Deloitte Touche Tohmatsu has been appointed as the new auditor, effective March 28, 2025. This change is expected to improve the synergy and efficiency of the audit process for the company and its parent, OKC Holdings Corporation, without impacting the annual audit for the year ended March 31, 2025.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.