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Yield Go Holdings Ltd. (1796) AI Stock Analysis
Yield Go Holdings Ltd.
(HKEX:1796)
The score is primarily held down by weak and volatile financial performance (sharp 2025 revenue decline, thin margins, renewed operating losses, and inconsistent cash flow). Technicals add significant downside pressure as the stock trades well below major moving averages with negative momentum indicators. Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is available.
Yield Go Holdings Ltd. (1796) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 127.20M
- Dividend Yield
- ―
- Average Volume (3M)
- 3.20M
- Price to Earnings (P/E)
- -9.8
- Beta (1Y)
- 0.49
- Revenue Growth
- -30.37%
- EPS Growth
- 59.55%
- Country
- Hong Kong
- Employees
- 42
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Residential Construction
Yield Go Holdings Ltd. Business Overview & Revenue Model
Company Description
Metaspacex Limited, an investment holding company, provides fitting-out contract services for residential and commercial properties primarily in Hong Kong. The company's fitting-out services include fitting-out works conducted on new buildings; and i...
How the Company Makes Money
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Yield Go Holdings Ltd. Financial Statement Overview
Summary
Income statement and cash flow are weak: 2025 revenue fell sharply (-30.7%), gross margin is very thin (~2.1%), and the business returned to sizable operating losses with persistent net losses. Cash flow is volatile, turning from strong positive FCF in 2024 (~HK$33.4m) to negative in 2025 (~-HK$3.3m). Balance sheet leverage is moderate (debt-to-equity ~0.34–0.69) with positive equity, but equity is pressured by repeated losses (ROE worsening to about -42% in 2025).
Income Statement
22NegativeBalance Sheet
48NeutralCash Flow
27Negative| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 235.54M | 263.93M | 460.27M | 205.87M | 232.20M | 420.30M |
| Gross Profit | 4.44M | 5.52M | 19.14M | 11.01M | 8.78M | 8.95M |
| EBITDA | -20.13M | -26.14M | 2.54M | -12.02M | -1.46M | -3.15M |
| Net Income | -25.46M | -32.18M | -4.44M | -18.66M | -4.02M | -7.96M |
Balance Sheet | ||||||
| Total Assets | 167.41M | 165.07M | 205.64M | 195.23M | 207.85M | 284.35M |
| Cash, Cash Equivalents and Short-Term Investments | 49.93M | 43.09M | 49.73M | 20.13M | 20.66M | 28.31M |
| Total Debt | 55.08M | 52.53M | 48.95M | 49.78M | 44.41M | 44.72M |
| Total Liabilities | 94.60M | 88.51M | 96.89M | 82.05M | 76.00M | 115.97M |
| Stockholders Equity | 72.81M | 76.56M | 108.74M | 113.18M | 131.84M | 168.38M |
Cash Flow | ||||||
| Free Cash Flow | 5.75M | -3.28M | 33.44M | -2.81M | -3.53M | -5.12M |
| Operating Cash Flow | 5.75M | -3.28M | 33.44M | -2.81M | -3.53M | -3.89M |
| Investing Cash Flow | 1,000 | 2,000 | 2,000 | 1,000 | 1,000 | -1.22M |
| Financing Cash Flow | -147.00K | -3.16M | -999.00K | 2.28M | -2.40M | -17.04M |
Yield Go Holdings Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1796, the sentiment is Negative. The current price of 0.27 is below the 20-day moving average (MA) of 0.27, below the 50-day MA of 0.35, and below the 200-day MA of 1.13, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 42.58 is Neutral, neither overbought nor oversold. The STOCH value of 32.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1796.
Yield Go Holdings Ltd. Peers Comparison
Overall Rating
HK:993861Neutral
HK:189755.3Neutral
HK:165353Neutral- HK:179641Neutral
HK:159238Underperform
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:9938 | 61Neutral | HKD 224.00M | -44.80 | -2.42% | ― | -14.83% | -129.76% |
| HK:1897 | 55Neutral | HKD 181.03M | 30.27 | 1.14% | 2.00% | -22.26% | -33.78% |
| HK:1653 | 53Neutral | HKD 661.62M | -36.70 | -13.58% | ― | 4.31% | -426.67% |
| HK:1796 | 41Neutral | HKD 127.20M | -9.78 | -19.11% | ― | -30.37% | 59.55% |
| HK:1592 | 38Underperform | HKD 199.79M | -0.61 | 118.96% | ― | -50.93% | 43.67% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1796 | Yield Go Holdings Ltd. | 0.27 | -2.83 | -91.45% | |
| HK:9938 | Wah Wo Holdings Group Limited | 0.22 | 0.12 | 107.41% | |
| HK:1592 | Anchorstone Holdings Limited | 0.14 | -0.06 | -29.59% | |
| HK:1653 | MOS House Group Limited | 2.29 | 0.96 | 72.18% | |
| HK:1897 | Million Hope Industries Holdings Ltd. | 0.45 | 0.03 | 6.89% |
Yield Go Holdings Ltd. Corporate Events
Metaspacex Faces Default Notice After Missing Bond Interest Payment
Metaspacex Limited has disclosed that a bondholder has issued a notice of default over a HK$5 million bond issued in April 2025, after the company failed to pay all interest due. As of the announcement date, around HK$210,000 of interest remains unpa...
Metaspacex Partial Takeover Offer Lapses After Weak Shareholder Response
Metaspacex Limited faced a conditional voluntary cash partial offer led by Chan Yuen Tung, acting through Rainbow Capital (HK) Limited, to acquire 15,800,000 shares from qualifying shareholders. By the first closing date on July 3, 2026, only 152,000...
Metaspacex Narrows Annual Loss Despite Revenue Decline
Metaspacex Limited reported revenue of HK$183.8 million for the year ended 31 March 2026, down from HK$263.9 million a year earlier, but managed to improve gross profit to HK$6.7 million from HK$5.5 million. The company remained loss-making, although...
Metaspacex Sets June Board Meeting to Approve Annual Results and Mull Dividend
Metaspacex Limited has scheduled a board meeting for 29 June 2026 to review and approve the annual results of the company and its subsidiaries for the financial year ended 31 March 2026. The board will also consider the declaration of a final dividen...
Metaspacex Sends Response on Conditional Partial Cash Offer to Shareholders
Metaspacex Limited has issued and despatched a detailed response document to its qualifying shareholders regarding a conditional voluntary cash partial offer for up to 15,800,000 shares. The offer is being made by Rainbow Capital (HK) Limited on beha...
Metaspacex Scraps HK$500 Million New Business Plan After Share Price Slump
Metaspacex Limited, a Cayman Islands-incorporated company listed in Hong Kong, announced changes to its previously disclosed strategic plans. While the firm’s core operations remain unchanged, the board emphasized that no new legally binding ag...
Metaspacex Appoints Independent Adviser for Partial Offer Review
Metaspacex Limited has appointed Messis Capital Limited as independent financial adviser to its independent board committee in connection with a partial offer made by offeror Chan Yuen Tung. Messis Capital, licensed under Hong Kong’s Securities...
Metaspacex Scraps Controlling Stake Sale, Trading to Resume in Hong Kong
Metaspacex Limited has announced the termination of a planned sale of a 53.3% controlling stake by China Sports Asset Management to Shenzhen Haoyi Investment for HK$63.97 million, after key conditions linked to releasing pledged shares from a lender...
Metaspacex Sets Independent Review Framework for Partial Cash Offer
Metaspacex Limited has announced details related to a pre-conditional voluntary cash partial offer for its shares by controlling shareholder Chan Yuen Tung, clarifying that the company’s share capital consists solely of 480,000,000 issued share...
Regulatory Green Light Clears Way for Chan Yuen Tung’s Partial Offer for Metaspacex
Hong Kong-based investor Chan Yuen Tung has moved a step closer to increasing his stake in Metaspacex Limited, after Hong Kong’s takeover regulator granted consent for a voluntary partial cash offer. The offer, to be made through Rainbow Capita...
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: Apr 09, 2026