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A & S Group (Holdings) Limited (1737) AI Stock Analysis
A & S Group (Holdings) Limited
(HKEX:1737)
The overall score reflects a company with healthy cash generation and manageable leverage but pressured fundamentals, as declining revenue and persistent losses weigh heavily on the outlook and keep financial performance only moderate. This weakness is partly offset by supportive technicals, with the share price in a clear uptrend and momentum indicators positive but not stretched. However, a negative P/E and absent dividend leave the valuation unattractive, limiting upside until profitability and revenue trends show a more convincing recovery.
A & S Group (Holdings) Limited (1737) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 202.00M
- Dividend Yield
- ―
- Average Volume (3M)
- 464.75K
- Price to Earnings (P/E)
- -9.4
- Beta (1Y)
- 0.33
- Revenue Growth
- -17.32%
- EPS Growth
- -8.08%
- Country
- Hong Kong
- Employees
- 317
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Integrated Freight & Logistics
A & S Group (Holdings) Limited Business Overview & Revenue Model
Company Description
A & S Group (Holdings) Limited functions as an investment holding entity, specializing in comprehensive air freight forwarding ground handling and air cargo terminal operations across Hong Kong. Their ground handling division encompasses essential se...
A & S Group (Holdings) Limited Financial Statement Overview
Summary
Financial performance is mixed: cash flow and leverage are sound, but revenue has declined sharply and profitability remains weak with ongoing operating and net losses, limiting earnings quality and near‑term visibility.
Income Statement
31NegativeBalance Sheet
58NeutralCash Flow
64Positive| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 457.70M | 457.70M | 553.59M | 649.57M | 508.46M | 520.20M |
| Gross Profit | 25.67M | 25.67M | 39.21M | 74.13M | 45.85M | 79.42M |
| EBITDA | 21.60M | 19.92M | 32.52M | 78.95M | 68.10M | 87.73M |
| Net Income | -21.42M | -21.42M | -19.80M | 17.63M | 8.59M | 32.52M |
Balance Sheet | ||||||
| Total Assets | 258.04M | 258.04M | 319.98M | 310.35M | 329.20M | 316.23M |
| Cash, Cash Equivalents and Short-Term Investments | 73.91M | 73.91M | 79.22M | 84.99M | 82.69M | 128.73M |
| Total Debt | 42.01M | 42.01M | 71.50M | 11.02M | 60.14M | 36.94M |
| Total Liabilities | 95.85M | 95.85M | 135.66M | 86.22M | 122.71M | 93.32M |
| Stockholders Equity | 162.97M | 162.97M | 184.32M | 224.13M | 206.49M | 222.91M |
Cash Flow | ||||||
| Free Cash Flow | 0 | 23.03M | 52.30M | 52.08M | 47.16M | 83.15M |
| Operating Cash Flow | 0 | 23.04M | 72.88M | 54.81M | 54.62M | 90.37M |
| Investing Cash Flow | 0 | 149.00K | -20.14M | -2.34M | -6.98M | -7.22M |
| Financing Cash Flow | 0 | -31.57M | -58.51M | -50.18M | -93.68M | -56.28M |
A & S Group (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:1737, the sentiment is Positive. The current price of 0.20 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.18, and above the 200-day MA of 0.14, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 54.66 is Neutral, neither overbought nor oversold. The STOCH value of 78.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1737.
A & S Group (Holdings) Limited Peers Comparison
Overall Rating
- HK:173756.3Neutral
HK:144248Neutral
HK:804741Neutral
HK:848941Neutral
HK:050039Underperform
HK:829237Underperform
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:1737 | 56Neutral | HKD 209.00M | -9.44 | -12.76% | ― | -17.32% | -8.08% |
| HK:1442 | 48Neutral | HKD 485.04M | 38.14 | 1.96% | ― | 9.69% | -68.56% |
| HK:8047 | 41Neutral | HKD 177.09M | -4.24 | -8.08% | ― | ― | ― |
| HK:8489 | 41Neutral | HKD 58.44M | -1.73 | -43.67% | ― | -22.74% | 22.56% |
| HK:0500 | 39Underperform | HKD 120.17M | -0.60 | -279.24% | ― | -5.58% | -92.72% |
| HK:8292 | 37Underperform | HKD 115.38M | -0.47 | -195.88% | ― | 24.59% | -2581.36% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1737 | A & S Group (Holdings) Limited | 0.20 | 0.11 | 121.98% | |
| HK:0500 | Frontier Services Group | 0.05 | -0.03 | -34.15% | |
| HK:1442 | Infinity Logistics and Transport Ventures Limited | 0.23 | -0.09 | -26.56% | |
| HK:8047 | China Ocean Group Development Limited | 0.03 | 0.00 | 0.00% | |
| HK:8292 | Worldgate Global Logistics Ltd. | 0.11 | -0.44 | -80.36% | |
| HK:8489 | Grand Power Logistics Group Limited | 0.19 | 0.05 | 35.71% |
A & S Group (Holdings) Limited Corporate Events
A & S Group Wins Unanimous Shareholder Backing for Governance and Capital Mandates
A & S Group (Holdings) Limited, incorporated in the Cayman Islands and listed in Hong Kong, is governed by a board that includes both executive and independent non-executive directors. All 1 billion issued shares carry voting rights, underscoring...
A & S Group Sets Terms for Re-Appointment of HLB as Auditor
A & S Group (Holdings) Limited has issued supplemental information regarding the proposed re-appointment of HLB Hodgson Impey Cheng Limited as its independent auditor at the upcoming annual general meeting. The board, following the audit committe...
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: Sep 24, 2026