Progressive Path Group Holdings Ltd. (1581) AI Stock Analysis

• Market Cap: HK$48.97M
• Dividend Yield: N/A
• Average Volume (3M): 139.17K
• Price to Earnings (P/E): 1.5
• Beta (1Y): 0.28
• Revenue Growth: 62.06%
• EPS Growth: N/A
• Country: HK
• Employees: 467
• Sector: Industrials
• Sector Strength: 77
• Industry: Rental & Leasing Services
• EPS (TTM): 0.07
• Shares Outstanding: 415,000,000
• 10 Day Avg. Volume: 4,000
• 30 Day Avg. Volume: 139,166
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Progressive Path Group Holdings Ltd. demonstrates strong financial performance with impressive revenue and cash flow growth. The technical analysis reflects positive momentum, supported by the stock's position above key moving averages. Furthermore, the low P/E ratio suggests the stock is undervalued, making it an attractive investment opportunity despite minor concerns over historical EBIT volatility and absence of dividend yield.

Progressive Path Group Holdings Ltd. Business Overview & Revenue Model

Company Description

Progressive Path Group Holdings Ltd. (1581) is a company listed on the Hong Kong Stock Exchange. It operates primarily in the construction industry, offering a range of services including construction works and construction machinery rental. The company is involved in building construction projects and provides machinery and equipment for construction activities, playing a significant role in the infrastructure development sector.

How the Company Makes Money

Progressive Path Group Holdings Ltd. generates revenue through two primary streams: construction services and machinery rental. The construction services segment involves undertaking construction projects, where the company earns money by completing construction contracts for various buildings and infrastructure projects. Revenue is typically recognized based on the progress of these projects. The machinery rental segment provides construction equipment and machinery on a rental basis to other construction firms. This segment earns revenue through the leasing of machinery, which is essential for construction projects that require specialized equipment. Additionally, strategic partnerships with other construction companies and government entities may contribute to the company's earnings by securing long-term contracts and projects.

Progressive Path Group Holdings Ltd. Financial Statement Overview

Summary

Progressive Path Group Holdings Ltd. has demonstrated strong financial improvements over the past year, particularly in revenue growth and cash flow generation. The company has successfully increased its profitability margins and improved its leverage ratios. However, it continues to face challenges with historical EBIT volatility and maintaining a balanced debt management strategy.

Income Statement

The company has shown impressive revenue growth from 2023 to 2024 with a 42.57% increase. The Gross Profit Margin improved significantly from 0.72% in 2023 to 7.93% in 2024. Net Profit Margin also turned positive at 3.05% after a negative margin in 2023. EBIT and EBITDA Margins have improved, indicating better operational efficiency. However, the company has experienced volatility in EBIT historically.

Balance Sheet

The company's Debt-to-Equity Ratio decreased from 0.91 in 2023 to 0.73 in 2024, reflecting an improved leverage position. Return on Equity improved to 8.66% in 2024 from a negative value in 2023. The Equity Ratio slightly increased from 41.34% to 42.96%, indicating a stable financial position. However, the company still carries a significant debt load relative to equity.

Cash Flow

The company reported strong Free Cash Flow growth of 132.51% from 2023 to 2024. The Operating Cash Flow to Net Income Ratio is robust, indicating strong cash generation relative to net income. The Free Cash Flow to Net Income Ratio also suggests efficient cash management. The cash flow stability provides a solid foundation for future growth.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
728.53M	511.02M	515.95M	435.59M	312.07M
	Gross Profit
57.77M	3.68M	33.64M	21.92M	13.34M
	EBIT
34.03M	-30.15M	11.66M	-9.01M	-12.61M
	EBITDA
140.78M	86.95M	90.86M	67.06M	49.93M
	Net Income Common Stockholders
22.22M	-21.96M	12.13M	3.74M	-15.60M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
33.49M	27.31M	17.26M	16.78M	13.51M
	Total Assets
597.27M	567.11M	471.06M	389.74M	362.79M
	Total Debt
186.66M	213.00M	182.16M	114.27M	100.29M
	Net Debt
158.20M	185.69M	164.91M	97.48M	86.79M
	Total Liabilities
340.65M	332.72M	266.95M	197.76M	174.55M
	Stockholders Equity
256.63M	234.41M	204.13M	192.00M	188.26M
Cash Flow		Free Cash Flow
88.47M	38.04M	32.85M	17.05M	27.22M
	Operating Cash Flow
102.33M	79.20M	75.68M	50.32M	70.53M
	Investing Cash Flow
-17.97M	-44.12M	-41.26M	-24.36M	-38.46M
	Financing Cash Flow
-83.22M	-25.02M	-33.95M	-22.68M	-61.22M

Progressive Path Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1581, the sentiment is Negative. The current price of 0.12 is above the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and above the 200-day MA of 0.11, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 33.35 is Neutral, neither overbought nor oversold. The STOCH value of 24.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1581.

Progressive Path Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1581	78 Outperform	HK$48.97M	1.49	12.40%	―	62.06%	―
3311	71 Outperform	$60.11B	6.18	14.62%	7.58%	1.21%	2.15%
1999	70 Outperform	HK$16.17B	7.02	18.95%	6.96%	4.58%	18.73%
1995	68 Neutral	HK$3.28B	6.45	9.70%	9.08%	2.68%	8.49%
1899	65 Neutral	$2.22B	7.72	4.28%	9.12%	2.03%	-48.30%
Sector *	64 Neutral	$4.25B	11.69	5.23%	249.83%	4.04%	-9.46%
6158	33 Underperform	€192.18M	―		―	-15.39%	19.69%