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HKE Holdings Limited (1726) AI Stock Analysis

HK:1726

HKE Holdings Limited

(HKEX:1726)

Select Model
Rating:40Underperform
Price Target:HKD 0.21â–¼(-5.05% Downside)
Action:reiterated
Date:10/26/26

Score primarily reflects weak financial performance from chronic losses, rising leverage, and cash burn, with secondary pressure from unattractive valuation and bearish technical momentum.

Positive Factors
Historical Revenue ExpansionStrong revenue expansion through 2025 indicates that HKE Holdings has demonstrated the ability to grow its project and service base over multiple years. Although the latest period weakened, the earlier growth provides evidence of market demand and a platform that could support recovery if execution improves.
Negative Factors
Persistent UnprofitabilityPersistent operating and net losses indicate that the current business model is not yet covering its full cost base, even with substantial gross margin. Continued unprofitability weakens internal capital generation, limits financial flexibility, and makes improvement dependent on a sustained turnaround in operations.

HKE Holdings Limited (1726) vs. iShares MSCI Hong Kong ETF (EWH)

-100%-80%-60%-40%-20%0%20%HK:1726-85.47%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 248.90M
Dividend Yield
―
Average Volume (3M)
435.60K
Price to Earnings (P/E)
-3.2
Beta (1Y)
0.27
Revenue Growth
-11.41%
EPS Growth
9.14%
Country
Hong Kong
Employees
103
Sector
Industrials
Sector Strength
63
Industry
Engineering & Construction

HKE Holdings Limited Business Overview & Revenue Model

Company Description

HKE Holdings Limited, together with its subsidiaries, provides integrated design and building services in Hong Kong, Chinese Mainland, Singapore, and Malaysia. It operates through four segments: Engineering Business, FinTech Platform Business, Tradin...

HKE Holdings Limited Financial Statement Overview

Summary

Revenue declined 13.68% in 2026 after prior growth; persistent net losses near -62% margins, rising debt-to-equity of 1.15, and negative operating cash flow of -6.7M signal severe financial strain.

Income Statement

22Negative

Balance Sheet

25Negative

Cash Flow

12Very Negative
Financial statement breakdown
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue19.72M19.78M22.98M18.43M13.44M10.05M
Gross Profit8.01M8.03M9.17M8.84M4.48M3.03M
EBITDA-10.39M-10.42M-12.52M-11.42M-13.78M-10.06M
Net Income-12.23M-12.25M-13.63M-12.65M-14.53M-11.27M
Balance Sheet
Total Assets43.90M43.90M44.38M57.21M34.76M33.45M
Cash, Cash Equivalents and Short-Term Investments27.54M27.54M18.46M15.72M19.16M18.93M
Total Debt15.90M15.90M17.73M693.19K655.72K1.36M
Total Liabilities24.62M24.62M31.42M30.39M4.71M5.00M
Stockholders Equity13.77M13.77M12.97M26.83M30.06M28.44M
Cash Flow
Free Cash Flow-7.03M-7.01M-78.36M-12.72M-15.04M-10.50M
Operating Cash Flow-6.75M-6.74M-72.97M-12.12M-14.84M-9.48M
Investing Cash Flow5.62M5.62M-7.26M6.88M-4.62M-7.95M
Financing Cash Flow9.94M9.95M98.92M8.19M15.32M10.62M

HKE Holdings Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.22

Price Trends

50DMA0.60Negative
100DMA0.78Negative
200DMA1.00Negative

Market Momentum

MACD-0.11Negative
RSI9.19Positive
STOCH51.02Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1726, the sentiment is Negative. The current price of 0.22 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.60, and below the 200-day MA of 1.00, indicating a bearish trend. The MACD of -0.11 indicates Negative momentum. The RSI at 9.19 is Positive, neither overbought nor oversold. The STOCH value of 51.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1726.

HKE Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:1726 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:0240HK:024084OutperformHKD 1.73B3.7615.72%12.19%-12.79%-0.62%
HK:0687HK:068771OutperformHKD 1.08B23.194.18%18.75%-18.58%-27.75%
HK:1627HK:162771OutperformHKD 730.00M2.5415.75%8.22%15.16%25.81%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
HK:0610HK:061054NeutralHKD 725.71M0.9431.00%―-12.39%―
HK:1726HK:172640UnderperformHKD 248.90M-3.20-110.87%―-11.41%9.14%
HK:0406HK:040634UnderperformHKD 216.84M-1.07-15.28%―13.50%-106.11%

* Industrials Sector Average

Performance Comparison

-75%-50%-25%0%25%HK:1726HK:0240HK:0406HK:1627HK:0610HK:0687Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:1726 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1726HKE Holdings Limited0.22-1.17-84.32%
HK:0240Build King Holdings1.39-0.01-0.43%
HK:0406Yau Lee Holdings Limited0.49-0.20-29.29%
HK:1627Able Engineering Holdings Ltd.0.36-0.32-46.79%
HK:0610Wai Kee Holdings Limited0.920.1620.39%
HK:0687Tysan Holdings Limited0.320.0517.65%

HKE Holdings Limited Corporate Events

HKE Holdings Sets AGM to Approve Accounts, Board Changes and Share Issue Mandate

Oct 22, 2026

HKE Holdings Limited has called its annual general meeting for 26 November 2026 in Hong Kong, where shareholders will review and adopt the audited consolidated financial statements, directors’ report, and independent auditor’s report for...

HKE Holdings Narrows Annual Loss Despite Lower Revenue

Sep 30, 2026

HKE Holdings Limited reported revenue of S$19.68 million for the year ended 30 June 2026, down from S$22.98 million a year earlier, while gross profit remained broadly stable at about S$9.10 million. Despite an income tax credit and slightly higher o...

HKE Holdings to Overhaul Governance Documents for Digital and Paperless Regime

Sep 30, 2026

HKE Holdings Limited plans to replace its existing memorandum and articles of association with a new, third amended and restated version, subject to shareholder approval at the annual general meeting on 26 November 2026. The changes aim to modernise...

HKE Holdings Plans Major Connected Disposals of Target Groups

Sep 29, 2026

HKE Holdings Limited has agreed to dispose of its issued shares and shareholder’s loans in two target groups, True Victor and Wonder Time, for a total consideration of HK$250,760,000. Upon completion, the group will cease to hold any interest i...

HKE Holdings Sets Late-September Board Meeting to Approve Annual Results and Dividend

Sep 17, 2026

HKE Holdings Limited has scheduled a board meeting for 30 September 2026 to review and approve the annual results of the company and its subsidiaries for the financial year ended 30 June 2026. At the same meeting, directors will also consider the rec...

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.

Date of analysis: Oct 26, 2026