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FDB Holdings Limited (1826) AI Stock Analysis
FDB Holdings Limited
(HKEX:1826)
The score is held down primarily by weak financial performance (shrinking revenue, losses, thin equity/high leverage, and negative free cash flow). Technicals are the main offset, showing strong momentum above key moving averages, but overbought indicators temper that support. Valuation remains unattractive due to negative earnings and no dividend yield provided.
FDB Holdings Limited (1826) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 1.14B
- Dividend Yield
- ―
- Average Volume (3M)
- 4.80M
- Price to Earnings (P/E)
- -33.0
- Beta (1Y)
- -0.76
- Revenue Growth
- -41.71%
- EPS Growth
- -4650.00%
- Country
- Hong Kong
- Employees
- 56
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Engineering & Construction
FDB Holdings Limited Business Overview & Revenue Model
Company Description
Operating within Hong Kong, FDB Holdings Limited delivers comprehensive contracting and project management solutions. Their service portfolio encompasses a variety of construction activities, including significant alterations and additions, general m...
FDB Holdings Limited Financial Statement Overview
Summary
Overall fundamentals are weak: TTM revenue declined ~18% with deeply negative profitability (about -11% net margin and negative EBIT/EBITDA), the balance sheet has very thin equity (~HK$6.4m) with high leverage (~9x equity), and TTM operating/free cash flow are both negative (around -HK$6.0m), indicating limited financial flexibility despite a profitable 2024.
Income Statement
24NegativeBalance Sheet
27NegativeCash Flow
18Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 340.78M | 406.74M | 468.46M | 193.77M | 357.15M | 382.27M |
| Gross Profit | 3.92M | 7.71M | 17.30M | -7.15M | 7.33M | -29.92M |
| EBITDA | -32.67M | -20.19M | 12.22M | -56.41M | 1.14M | -62.45M |
| Net Income | -36.22M | -22.41M | 9.87M | -59.28M | -969.00K | 40.10M |
Balance Sheet | ||||||
| Total Assets | 263.73M | 239.32M | 169.40M | 196.53M | 226.86M | 240.88M |
| Cash, Cash Equivalents and Short-Term Investments | 37.77M | 11.09M | 32.60M | 35.21M | 31.59M | 9.55M |
| Total Debt | 58.53M | 11.87M | 10.01M | 12.92M | 599.00K | 4.38M |
| Total Liabilities | 257.29M | 262.27M | 169.94M | 206.95M | 177.99M | 190.98M |
| Stockholders Equity | 6.45M | -22.94M | -548.00K | -10.42M | 48.87M | 49.78M |
Cash Flow | ||||||
| Free Cash Flow | -6.04M | -36.65M | -27.30M | -19.92M | 31.51M | -29.92M |
| Operating Cash Flow | -6.04M | -36.62M | -27.25M | -19.77M | 32.20M | -29.67M |
| Investing Cash Flow | 3.56M | -33.00K | 16.29M | -2.51M | -16.73M | 27.64M |
| Financing Cash Flow | 57.20M | 15.13M | 871.00K | 25.90M | 5.18M | -10.53M |
FDB 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:1826, the sentiment is Positive. The current price of 0.88 is above the 20-day moving average (MA) of 0.75, above the 50-day MA of 0.56, and above the 200-day MA of 0.25, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 70.87 is Negative, neither overbought nor oversold. The STOCH value of 79.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1826.
FDB Holdings Limited Peers Comparison
Overall Rating
- HK:182652Neutral
HK:154745Neutral
HK:681643Neutral
HK:158242Neutral
HK:144738Underperform
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:1826 | 52Neutral | HKD 2.10B | -33.02 | 439.08% | ― | -41.71% | -4650.00% |
| HK:1547 | 45Neutral | HKD 179.20M | 13.18 | 7.59% | 2.23% | 79.24% | 61.90% |
| HK:6816 | 43Neutral | HKD 161.60M | -1.06 | 848.01% | ― | -25.29% | 7.74% |
| HK:1582 | 42Neutral | HKD 197.50M | 15.02 | 1.82% | 8.35% | 28.02% | -68.80% |
| HK:1447 | 38Underperform | HKD 224.00M | 9.52 | 6.28% | 3.57% | -5.52% | -3.29% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1826 | FDB Holdings Limited | 0.88 | 0.82 | 1520.37% | |
| HK:1447 | SFK Construction Holdings Ltd. | 0.56 | 0.10 | 21.21% | |
| HK:1547 | IBI Group Holdings Limited | 0.22 | -0.02 | -7.44% | |
| HK:1582 | CR Construction Group Holdings Limited | 0.40 | 0.01 | 1.28% | |
| HK:1615 | AB Builders Group Limited | 0.41 | 0.19 | 82.02% | |
| HK:6816 | Prosper Construction Holdings Limited | 0.20 | 0.00 | 1.00% |
FDB Holdings Limited Corporate Events
FDB Holdings Deploys Rights Issue Funds into First Kazakhstan Power EPC Project
FDB Holdings Limited has moved to deploy proceeds from its recent rights issue into its first EPC project in Kazakhstan, underscoring a strategic pivot toward overseas expansion. Through its Kazakh subsidiary Dalan Stroy Service LLP, the company will...
FDB Holdings Relocates Hong Kong Head Office to COSCO Tower
FDB Holdings Limited has relocated its head office and principal place of business in Hong Kong to Unit 4112 on the 41st floor of the High Block at COSCO Tower, Grand Millennium Plaza on Queen’s Road Central, effective 9 October 2026. The compa...
FDB Holdings Publishes Unaudited Interim Results for First Half of 2026
FDB Holdings Limited has released its unaudited consolidated interim results for the six months ended 30 June 2026, fulfilling disclosure obligations under Hong Kong listing rules. The interim report includes standard financial statements, management...
FDB Holdings Raises HK$76.9 Million in Fully Placed Rights Issue for Overseas Expansion
FDB Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong under stock code 1826, operates in sectors served by capital markets and is expanding its business footprint overseas. The company is pursuing projects such as its Kazak...
FDB Holdings Sets Board Meeting to Review Interim Results and Possible Dividend
FDB Holdings Limited has announced that its board of directors will convene a meeting on 28 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The board will also consider whether to recommend the p...
FDB Holdings flags wider interim loss amid project slowdown and rising costs
FDB Holdings Limited has warned shareholders and potential investors that it expects to post a significantly wider net loss of between HK$9 million and HK$12 million for the six months ended 30 June 2026, compared with a net loss of about HK$5.2 mill...
FDB Holdings Revises Placing Terms and Timetable for Rights Issue
FDB Holdings Limited has updated investors on changes to its ongoing capital-raising exercise on the Hong Kong market. The company is progressing with a rights issue offering one rights share for every two existing shares held, aiming to complete the...
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 30, 2026