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Hygieia Group Limited
(1650)
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Rating:64Neutral
Price Target:
HK$0.19
▲(61.67% Upside)
Action:Reiterated
Date:09/19/26
The score is driven primarily by a solid financial foundation (low leverage, improving profitability) but held back by uneven cash-flow conversion and only modest margins. Technically, the trend is positive (price above key moving averages with positive MACD), yet extreme overbought signals (RSI 89) add near-term risk. Valuation is mixed: a strong dividend yield helps, but the elevated P/E limits upside without continued earnings improvement.
Positive Factors
Steady revenue and profit recovery
Steady revenue growth combined with a meaningful profitability rebound indicates that the business is recovering operational traction. Continued top-line expansion can support broader earnings capacity, while the improvement from prior losses provides a stronger base for performance over the coming quarters.
Negative Factors
Modest and incompletely recovered margins
The margin rebound is encouraging, but profitability remains modest and below earlier peak performance. This limits the earnings buffer available if revenue growth slows, and it suggests that further operational improvement is still needed before the business can demonstrate fully normalized earnings power.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady revenue and profit recovery
Steady revenue growth combined with a meaningful profitability rebound indicates that the business is recovering operational traction. Continued top-line expansion can support broader earnings capacity, while the improvement from prior losses provides a stronger base for performance over the coming quarters.
Read all positive factors
Hygieia Group Limited (1650) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$346.00M
Dividend Yield5.37%
Average Volume (3M)2.19M
Price to Earnings (P/E)31.2
Beta (1Y)0.27
Revenue Growth12.20%
EPS Growth7.84%
CountryHK
Employees3,201
SectorIndustrials
Sector Strength72
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,000,000,000
10 Day Avg. Volume1,865,800
30 Day Avg. Volume2,190,333
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)1.55
Price to Sales (P/S)0.52
P/FCF Ratio12.29
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
Hygieia Group Limited Business Overview & Revenue Model
Company Description
Hygieia Group Limited operates as an investment holding company, specializing in comprehensive cleaning services throughout Singapore and Thailand. The company's diverse offerings cater to a wide array of public and private sector locations, inclu...
Hygieia Group Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
78
Positive
Cash Flow
57
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 83.88M | 79.52M | 74.70M | 66.54M | 63.42M | 71.61M |
| Gross Profit | 12.94M | 13.39M | 9.65M | 8.99M | 8.60M | 14.45M |
| EBITDA | 2.05M | 5.09M | 2.15M | 3.24M | 1.48M | 9.02M |
| Net Income | 1.82M | 2.63M | 756.00K | 454.00K | -1.60M | 5.14M |
Balance Sheet | ||||||
| Total Assets | 37.91M | 37.88M | 40.99M | 44.48M | 46.87M | 56.53M |
| Cash, Cash Equivalents and Short-Term Investments | 10.09M | 14.25M | 18.43M | 22.58M | 27.52M | 31.02M |
| Total Debt | 2.48M | 1.93M | 3.90M | 6.04M | 7.52M | 9.47M |
| Total Liabilities | 12.12M | 11.34M | 13.06M | 14.38M | 15.27M | 18.84M |
| Stockholders Equity | 25.69M | 26.49M | 27.82M | 30.05M | 31.60M | 37.70M |
Cash Flow | ||||||
| Free Cash Flow | -1.23M | 3.33M | 1.50M | 146.00K | 4.14M | 8.79M |
| Operating Cash Flow | -320.66K | 3.98M | 2.17M | 1.04M | 5.08M | 9.87M |
| Investing Cash Flow | -773.42K | 2.44M | 2.60M | -815.00K | -10.41M | 1.72M |
| Financing Cash Flow | -3.66M | -6.95M | -6.64M | -5.52M | -8.19M | -675.00K |
Hygieia Group Limited Technical Analysis
Positive
0.12
Price Trends
0.15
Positive
0.14
Positive
0.13
Positive
Market Momentum
<0.01
Positive
63.16
Neutral
13.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1650, the sentiment is Positive. The current price of 0.12 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.15, and below the 200-day MA of 0.13, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 63.16 is Neutral, neither overbought nor oversold. The STOCH value of 13.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1650.
Hygieia Group Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$1.44B | 5.11 | 7.71% | 7.58% | 1.92% | -2.09% | |
64 Neutral | HK$346.00M | 31.18 | 6.98% | 5.37% | 12.20% | 7.84% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
50 Neutral | HK$163.20M | -16.96 | -27.66% | 5.67% | 27.86% | 75.80% | |
46 Neutral | HK$1.37B | -1.89 | 436.38% | ― | 17.87% | -306.00% | |
42 Neutral | HK$96.00M | 26.11 | -40.37% | ― | ― | ― | |
41 Neutral | HK$273.40M | -18.00 | -32.10% | ― | -33.88% | 67.16% |
* Industrials Sector Average
HK:1650
Hygieia Group Limited
0.17
0.09
108.43%
HK:1376
Raffles Interior Ltd.
0.10
-0.22
-70.00%
HK:1568
Sundart Holdings Ltd.
0.66
-0.03
-3.93%
HK:1867
Standard Development Group Limited
0.18
0.02
12.96%
HK:3893
CROSSTEC Group Holdings Ltd.
1.30
0.50
62.50%
HK:8040
Coolpoint Innonism Holding Limited
0.48
0.21
77.78%
Hygieia Group Limited Corporate Events
Hygieia Group Declares Interim Cash Dividend for First Half of 2026
Sep 1, 2026
Hygieia Group Limited has declared an interim ordinary cash dividend of SGD 0.0005 per share for the six months ended 30 June 2026, corresponding to HKD 0.003114 per share based on an exchange rate of SGD 1 to HKD 6.228. The dividend, for the fina...
Hygieia Group Declares Interim Cash Dividend for First Half of 2026
Aug 28, 2026
Hygieia Group Limited, listed in Hong Kong under stock code 01650, has disclosed limited information on its business focus in this announcement but confirms standard listing arrangements through its share registrar, Tricor Investor Services Limite...
Hygieia Revenue Rises but Profit Falls in First-Half 2026
Aug 28, 2026
Hygieia Group Limited reported unaudited revenue of about S$42.2 million for the six months ended 30 June 2026, a 7.3% increase from a year earlier, but profit after tax fell to roughly S$1.3 million from S$2.1 million as higher costs eroded margi...
Hygieia Warns of Over 35% Profit Slide on Lower Grants and Rising Labour Costs
Aug 18, 2026
Hygieia Group Limited, a Hong Kong-listed company with significant operations in Singapore, relies on a labour-intensive business model in which government employment credits and workforce costs materially affect its earnings profile. The group...
Hygieia Group Sets Board Meeting to Review Interim Results and Dividend
Aug 17, 2026
Hygieia Group Limited has scheduled a board meeting for 28 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The board will also consider the potential payment of an interim dividend, a decision...
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.