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FSM Holdings Limited (1721) AI Stock Analysis
FSM Holdings Limited
(HKEX:1721)
The score is held back primarily by weak financial performance (multi-year revenue decline, ongoing losses, and negative operating/free cash flow) and bearish technicals (price below major moving averages and negative MACD). Valuation does not provide clear support due to a negative P/E and no dividend yield data.
FSM Holdings Limited (1721) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 140.00M
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- -6.7
- Beta (1Y)
- -0.52
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Hong Kong
- Employees
- 229
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Manufacturing - Metal Fabrication
FSM Holdings Limited Business Overview & Revenue Model
Company Description
FSM Holdings Limited, an investment holding company established in Central, Hong Kong in 1992, conducts its operations through two main segments. The Manufacturing Business acts as a sheet metal fabricator, specializing in precision engineering and m...
How the Company Makes Money
FSM Holdings generates revenue through a combination of investment returns from its diverse portfolio, which includes technology solutions, healthcare products, and real estate. The company's revenue model is primarily driven by capital appreciation...
FSM Holdings Limited Financial Statement Overview
Summary
Income statement is weak (declining revenue from 23.3M in 2022 to 14.9M in 2024 and negative EBIT/net income for three years). Balance sheet is comparatively steadier with low leverage and a strong cash position, but the equity ratio is declining. Cash flow remains pressured with negative operating and free cash flow, partially offset by maintained cash balance.
Income Statement
45NeutralBalance Sheet
60NeutralCash Flow
50Neutral| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.81M | 14.88M | 16.07M | 23.30M | 16.08M | 10.34M |
| Gross Profit | 6.76M | 5.97M | 5.94M | 10.71M | 4.98M | 1.44M |
| EBITDA | -2.24M | -2.84M | -1.54M | 5.22M | -202.00K | -558.00K |
| Net Income | -6.97M | -3.41M | -4.88M | 2.06M | -3.14M | -2.60M |
Balance Sheet | ||||||
| Total Assets | 48.22M | 51.89M | 55.19M | 43.85M | 40.20M | 41.71M |
| Cash, Cash Equivalents and Short-Term Investments | 32.90M | 36.35M | 38.98M | 23.48M | 20.99M | 22.99M |
| Total Debt | 14.62M | 15.57M | 14.46M | 1.04M | 1.35M | 1.69M |
| Total Liabilities | 20.35M | 21.73M | 21.07M | 9.33M | 7.52M | 6.01M |
| Stockholders Equity | 27.87M | 30.16M | 34.11M | 34.52M | 32.68M | 35.69M |
Cash Flow | ||||||
| Free Cash Flow | -5.96M | -3.05M | -1.51M | 3.05M | -1.65M | 240.00K |
| Operating Cash Flow | -5.78M | -2.77M | -1.50M | 3.86M | -1.16M | 554.00K |
| Investing Cash Flow | 517.00K | 672.00K | 11.75M | -4.43M | 5.36M | -597.00K |
| Financing Cash Flow | -660.00K | -674.00K | 16.15M | -770.00K | -1.14M | -930.00K |
FSM Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1721, the sentiment is Negative. The current price of 0.14 is above the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.14, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 23.94 is Positive, neither overbought nor oversold. The STOCH value of 0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1721.
FSM Holdings Limited Peers Comparison
Overall Rating
HK:083862Neutral
HK:025557Neutral
HK:189148Neutral
HK:082246Neutral- HK:172146Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:0838 | 62Neutral | HKD 1.12B | 4.49 | 7.26% | 6.68% | -4.88% | -0.62% |
| HK:0255 | 57Neutral | HKD 881.27M | -29.89 | -1.92% | 14.39% | -17.65% | -538.68% |
| HK:1891 | 48Neutral | HKD 174.00M | 12.49 | 2.90% | ― | -4.21% | -65.74% |
| HK:0822 | 46Neutral | HKD 259.19M | -6.07 | -3.69% | ― | >-0.01% | 15.55% |
| HK:1721 | 46Neutral | HKD 140.00M | -6.71 | -10.60% | ― | ― | ― |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1721 | FSM Holdings Limited | 0.14 | -0.07 | -32.69% | |
| HK:0822 | Ka Shui International Holdings Limited | 0.29 | -0.07 | -19.44% | |
| HK:0838 | Eva Precision Industrial Holdings Limited | 0.65 | -0.46 | -41.68% | |
| HK:0255 | Lung Kee (Bermuda) Holdings Limited | 1.39 | -0.21 | -12.91% | |
| HK:1891 | Heng Hup Holdings Ltd. | 0.17 | 0.04 | 32.82% |
FSM Holdings Limited Corporate Events
FSM Holdings Clarifies Resumption Update Requirements Amid Ongoing Trading Suspension
FSM Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong under stock code 1721, is governed by a board consisting of one executive director and three independent non-executive directors. The company’s shares have been su...
FSM Holdings warned over potential delisting as HKEX sets strict resumption timetable
FSM Holdings Limited has received formal resumption guidance from the Hong Kong Stock Exchange, which requires the company to publish all outstanding financial results, address any audit issues, prove its suitability for continued listing despite san...
FSM Holdings struggles to replace auditor as trading suspension drags on
FSM Holdings Limited has provided a quarterly update on its suspended trading status, noting that its core manufacturing operations are continuing as usual despite a more cautious market environment and geopolitical headwinds. However, its online gam...
FSM Holdings Relocates Principal Hong Kong Office to Sha Tin
FSM Holdings Limited has announced a change to its principal place of business in Hong Kong, relocating to Unit S1, 5/F, W LUXE, No. 5 On Yiu Street, Sha Tin, New Territories, with effect from 14 May 2026. The company emphasized that its telephone an...
FSM Holdings Distances Operations From Legal Action Over Controlling Shareholder’s Assets
FSM Holdings Limited has moved to clarify recent media coverage concerning a reported restraint order by the Hong Kong High Court over certain personal assets of controlling shareholder Mr. Li Thet, including securities in the company. The board stre...
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: Feb 03, 2026