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A.Plus Group Holdings Limited (1841) AI Stock Analysis

HK:1841

A.Plus Group Holdings Limited

(HKEX:1841)

Select Model
Rating:61.3Neutral
Price Target:HKD 0.51â–²(15.06% Upside)
Action:reiterated
Date:08/29/26

The overall score reflects a financially stable company with a strong, low‑leverage balance sheet but weakened margins and uneven cash flows, combined with an extended price uptrend that looks technically strong yet vulnerable to near‑term consolidation, and a rich valuation that demands sustained earnings improvement.

Positive Factors
Conservative Balance SheetVery 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 TrendDespite 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.

A.Plus Group Holdings Limited (1841) vs. iShares MSCI Hong Kong ETF (EWH)

-25%0%25%50%75%100%125%HK:1841+102.27%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 178.00M
Dividend Yield
―
Average Volume (3M)
373.93K
Price to Earnings (P/E)
108.5
Beta (1Y)
1.03
Revenue Growth
13.07%
EPS Growth
―
Country
Hong Kong
Employees
72
Sector
Industrials
Sector Strength
63
Industry
Specialty Business Services

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 re...

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

Financial performance is anchored by a very conservative, low‑debt balance sheet, but weakened profitability and volatile cash generation after a loss‑making year keep the score only moderately above average.

Income Statement

48Neutral

Balance Sheet

82Very Positive

Cash Flow

60Neutral
Financial statement breakdown
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue120.69M110.63M97.84M125.07M128.92M127.74M
Gross Profit52.58M49.53M42.74M57.76M63.45M64.16M
EBITDA3.03M5.98M4.04M17.45M32.86M23.78M
Net Income-6.13M3.58M-1.59M8.61M19.99M11.76M
Balance Sheet
Total Assets144.44M144.44M129.49M143.90M127.20M145.56M
Cash, Cash Equivalents and Short-Term Investments81.91M81.91M74.58M78.28M68.47M78.72M
Total Debt7.82M7.82M1.59M6.14M1.69M6.30M
Total Liabilities33.16M33.16M21.79M34.61M26.52M32.87M
Stockholders Equity111.28M111.28M107.70M109.30M100.68M112.69M
Cash Flow
Free Cash Flow4.44M10.62M-1.41M12.21M25.54M10.71M
Operating Cash Flow6.22M14.19M-1.41M12.26M25.65M12.19M
Investing Cash Flow-183.00K-3.58M2.54M2.48M844.00K-1.34M
Financing Cash Flow-2.42M-3.29M-4.84M-4.92M-36.74M-64.63M

A.Plus Group Holdings Limited Technical Analysis

Technical Analysis SentimentNeutral
Last Price0.45

Price Trends

50DMA0.46Negative
100DMA0.39Positive
200DMA0.31Positive

Market Momentum

MACD-0.01Positive
RSI32.55Neutral
STOCH55.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1841, the sentiment is Neutral. The current price of 0.45 is below the 20-day moving average (MA) of 0.47, below the 50-day MA of 0.46, and above the 200-day MA of 0.31, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 32.55 is Neutral, neither overbought nor oversold. The STOCH value of 55.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1841.

A.Plus Group Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:1841 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:1540HK:154079OutperformHKD 276.76M9.1310.05%3.16%4.00%-31.04%
HK:1975HK:197564NeutralHKD 259.20M17.704.04%8.85%25.04%―
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
HK:1841HK:184161NeutralHKD 178.00M108.541.43%―13.07%―
HK:1884HK:188444NeutralHKD 60.50M-22.45-1.20%―-6.24%56.25%
HK:8448HK:844844NeutralHKD 110.28M67.3815.23%―10.01%164.52%
HK:0450HK:045043NeutralHKD 549.53M-6.06-3.47%11.48%4.37%-4.14%

* Industrials Sector Average

Performance Comparison

0%100%200%HK:1841HK:0450HK:1540HK:1884HK:1975HK:8448Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:1841 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1841A.Plus Group Holdings Limited0.450.23102.27%
HK:0450Hung Hing Printing Group Limited0.61-0.24-28.24%
HK:1540Left Field Printing Group Ltd.0.560.32134.18%
HK:1884eprint Group Ltd.0.11-0.00-1.79%
HK:1975Sun Hing Printing Holdings Limited0.540.1955.17%
HK:8448Universe Printshop Holdings Ltd.1.100.63130.21%

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 director...

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 governance...

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 sc...

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 inform...

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 year...

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 financi...

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 review...

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 of a...

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: Aug 29, 2026