Want to see HK:1841 full AI Analyst Report?
Top Page
A.Plus Group Holdings Limited
(1841)
Select Model
Select Model
Rating:62Neutral
Price Target:
HK$0.51
▲(123.48% Upside)
Action:Reiterated
Date:08/29/26
The score is primarily supported by a conservatively financed balance sheet and improving (but still volatile) profitability and cash flow. Technicals are constructive with the price above key moving averages, though momentum appears overextended. The largest constraint is valuation, with a very high P/E and no dividend yield support.
Positive Factors
Conservative Balance Sheet
Very low leverage and a sizable equity base provide financial flexibility and reduce refinancing risk. This gives the company greater capacity to absorb operating volatility or fund opportunities without relying heavily on external debt.
Negative Factors
Volatile Revenue Trend
Despite the latest rebound, the multi-year revenue pattern is inconsistent and remains below the 2021 level. This volatility makes forward planning harder and limits confidence that recent growth represents a durable expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Very low leverage and a sizable equity base provide financial flexibility and reduce refinancing risk. This gives the company greater capacity to absorb operating volatility or fund opportunities without relying heavily on external debt.
Read all positive factors
A.Plus Group Holdings Limited (1841) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$188.00M
Dividend Yield21.62%
Average Volume (3M)457.67K
Price to Earnings (P/E)114.6
Beta (1Y)0.58
Revenue Growth13.07%
EPS GrowthN/A
CountryHK
Employees72
SectorIndustrials
Sector Strength72
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding400,000,000
10 Day Avg. Volume919,000
30 Day Avg. Volume457,666
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)0.83
Price to Sales (P/S)0.83
P/FCF Ratio8.66
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
A.Plus Group Holdings Limited Business Overview & Revenue Model
Company Description
A.Plus Group Holdings Limited, an investment holding company, engages in the provision of financial printing services in Hong Kong. The company primarily offers typesetting, design, translation, printing, and delivery services related to financial...
How the Company Makes Money
Specific, source-backed details on A.Plus Group Holdings Limited (1841)'s revenue model, key revenue streams, and material partnerships or drivers of earnings are not available in the information provided. null...
A.Plus Group Holdings Limited Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
82
Very Positive
Cash Flow
55
Neutral
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 110.63M | 97.84M | 125.07M | 128.92M | 127.74M |
| Gross Profit | 49.53M | 42.74M | 57.76M | 63.45M | 64.16M |
| EBITDA | 5.98M | 4.04M | 17.45M | 32.86M | 23.78M |
| Net Income | 3.58M | -1.59M | 8.61M | 19.99M | 11.76M |
Balance Sheet | |||||
| Total Assets | 144.44M | 129.49M | 143.90M | 127.20M | 145.56M |
| Cash, Cash Equivalents and Short-Term Investments | 81.91M | 74.58M | 78.28M | 68.47M | 78.72M |
| Total Debt | 7.82M | 1.59M | 6.14M | 1.69M | 6.30M |
| Total Liabilities | 33.16M | 21.79M | 34.61M | 26.52M | 32.87M |
| Stockholders Equity | 111.28M | 107.70M | 109.30M | 100.68M | 112.69M |
Cash Flow | |||||
| Free Cash Flow | 10.62M | -1.41M | 12.21M | 25.54M | 10.71M |
| Operating Cash Flow | 14.19M | -1.41M | 12.26M | 25.65M | 12.19M |
| Investing Cash Flow | -3.58M | 2.54M | 2.48M | 844.00K | -1.34M |
| Financing Cash Flow | -3.29M | -4.84M | -4.92M | -36.74M | -64.63M |
A.Plus Group Holdings Limited Technical Analysis
Positive
0.23
Price Trends
0.38
Positive
0.31
Positive
0.27
Positive
Market Momentum
0.03
Negative
63.16
Neutral
50.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1841, the sentiment is Positive. The current price of 0.23 is below the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.38, and below the 200-day MA of 0.27, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 63.16 is Neutral, neither overbought nor oversold. The STOCH value of 50.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1841.
A.Plus Group Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$321.64M | 11.28 | 9.67% | 4.65% | 4.00% | -31.04% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | HK$188.00M | 114.63 | 1.46% | 21.62% | 13.07% | ― | |
59 Neutral | HK$65.45M | -24.29 | -1.20% | 3.53% | -6.24% | 56.25% | |
51 Neutral | HK$617.09M | -6.81 | -3.47% | 16.14% | 4.37% | -4.14% | |
50 Neutral | HK$114.77M | 65.24 | 15.23% | ― | 10.01% | 164.52% | |
44 Neutral | HK$223.20M | -2.62 | -23.30% | 10.39% | -3.83% | -698.65% |
* Industrials Sector Average
HK:1841
A.Plus Group Holdings Limited
0.47
0.25
111.36%
HK:0450
Hung Hing Printing Group Limited
0.69
-0.16
-19.20%
HK:1540
Left Field Printing Group Ltd.
0.65
0.23
56.17%
HK:1884
eprint Group Ltd.
0.12
>-0.01
-2.52%
HK:1975
Sun Hing Printing Holdings Limited
0.46
0.12
35.69%
HK:8448
Universe Printshop Holdings Ltd.
1.30
1.10
553.27%
A.Plus Group Holdings Limited Corporate Events
A.Plus Group Shareholders Back All Resolutions, Renew Capital Mandates at AGM
Aug 24, 2026
A.Plus Group Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, provides corporate services to its shareholders and maintains a formal governance framework through a board of executive and independent non-executive direc...
A.Plus Group Sets August AGM to Approve Results and Share Mandate
Jul 30, 2026
A.Plus Group Holdings Limited, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, operates in the professional corporate and financial communication services sector, serving listed issuers and their boards. Its governan...
A.Plus Group Moves to New Share Option Scheme Under Revised Hong Kong Rules
Jul 30, 2026
A.Plus Group Holdings Limited has proposed a new 2026 Share Option Scheme following the expiry of its 2016 plan, under which no options were ever granted, to align with updated Chapter 17 rules of the Hong Kong Listing Rules. The board expects the...
A.Plus Group Says Operations Stable Amid Unusual Share Price Swings
Jul 9, 2026
A.Plus Group Holdings Limited reported that its operations remain normal and stable despite recent unusual movements in its share price and trading volume on the Hong Kong market. The board said it is unaware of any undisclosed reasons, inside inf...
A.Plus Group Returns to Profit on Higher Revenue and Strong Balance Sheet
Jun 30, 2026
A.Plus Group Holdings reported revenue of HK$110.63 million for the year ended 31 March 2026, up from HK$97.85 million a year earlier, with gross profit rising to HK$49.53 million and net profit reaching HK$3.58 million after a loss in the prior y...
A.Plus Group Signals Profit Rebound on Surge in Capital Markets Work
Jun 25, 2026
A.Plus Group Holdings Limited has issued a positive profit alert, indicating that it expects to report a net profit of about HK$3.0 million for the year ended 31 March 2026, reversing a net loss of approximately HK$1.6 million in the previous fina...
A.Plus Group Delays Board Meeting to Finalize Annual Results
Jun 25, 2026
A.Plus Group Holdings Limited has postponed a previously scheduled board meeting from June 29 to June 30, 2026, as the company requires additional time to finalize its annual results for the year ended March 31, 2026. The board was expected to rev...
A.Plus Group Sets June Board Meeting to Approve Annual Results and Consider Final Dividend
Jun 4, 2026
A.Plus Group Holdings Limited has scheduled a board meeting for 29 June 2026 in Hong Kong to review and approve the Group’s annual results for the financial year ended 31 March 2026. The board will also consider the declaration and payment o...
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.