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Windmill Group Ltd.
(1850)
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Rating:42Neutral
Price Target:
HK$0.40
▼(-35.81% Downside)
Action:Reiterated
Date:09/06/26
The score is primarily held down by weak financial performance, driven by a 2026 loss and multi-year consistently negative operating/free cash flow. Technicals add further pressure with a clear downtrend and bearish momentum signals. Valuation is not supportive because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Revenue Growth
Meaningful multi-year revenue growth indicates the business has expanded its top-line base and retained demand through 2026. Re-acceleration in the latest year provides a foundation for future operating leverage, although converting that growth into sustainable profit remains important.
Negative Factors
Persistent Negative Cash Flow
Repeatedly negative operating and free cash flow shows that the business has not been self-funding across several years. If this pattern continues, it can constrain investment, increase reliance on balance-sheet support or financing, and weaken the durability of future growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Meaningful multi-year revenue growth indicates the business has expanded its top-line base and retained demand through 2026. Re-acceleration in the latest year provides a foundation for future operating leverage, although converting that growth into sustainable profit remains important.
Read all positive factors
Windmill Group Ltd. (1850) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$71.71M
Dividend YieldN/A
Average Volume (3M)7.98M
Price to Earnings (P/E)―
Beta (1Y)0.42
Revenue Growth15.79%
EPS Growth-970.00%
CountryHK
Employees64
SectorIndustrials
Sector Strength72
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)-0.10
Shares Outstanding172,800,000
10 Day Avg. Volume11,367,992
30 Day Avg. Volume7,979,947
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.72
Price to Sales (P/S)0.58
P/FCF Ratio-4.85
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
Windmill Group Ltd. Business Overview & Revenue Model
Company Description
Beautiful Life Group Holdings Ltd. is an investment holding company, which engages in the inspection of fire safety systems in Hong Kong. It specializes in design, supply, installation services and maintenance and repair of fire safety systems for...
Windmill Group Ltd. Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
66
Positive
Cash Flow
28
Negative
| Breakdown | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 433.45M | 374.35M | 394.54M | 277.68M | 231.26M |
| Gross Profit | 19.69M | 25.91M | 29.00M | 30.45M | 24.23M |
| EBITDA | -6.73M | 7.93M | 10.39M | 14.56M | -3.91M |
| Net Income | -16.54M | 568.00K | 2.93M | 7.80M | -6.99M |
Balance Sheet | |||||
| Total Assets | 487.97M | 434.56M | 397.06M | 258.82M | 194.63M |
| Cash, Cash Equivalents and Short-Term Investments | 37.14M | 8.84M | 16.89M | 25.12M | 62.72M |
| Total Debt | 51.32M | 60.54M | 56.60M | 59.66M | 18.26M |
| Total Liabilities | 141.65M | 141.38M | 123.16M | 115.37M | 57.57M |
| Stockholders Equity | 347.63M | 294.37M | 275.28M | 144.11M | 137.06M |
Cash Flow | |||||
| Free Cash Flow | -51.42M | -24.60M | -131.77M | -71.21M | -3.06M |
| Operating Cash Flow | -49.64M | -23.99M | -131.69M | -70.99M | -2.02M |
| Investing Cash Flow | -1.69M | -397.00K | 6.37M | -2.67M | -4.73M |
| Financing Cash Flow | 57.77M | 16.91M | 121.17M | 35.03M | 14.64M |
Windmill Group Ltd. Technical Analysis
Negative
0.62
Price Trends
0.44
Negative
1.01
Negative
0.90
Negative
Market Momentum
-0.02
Positive
39.32
Neutral
43.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1850, the sentiment is Negative. The current price of 0.62 is above the 20-day moving average (MA) of 0.53, above the 50-day MA of 0.44, and below the 200-day MA of 0.90, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.32 is Neutral, neither overbought nor oversold. The STOCH value of 43.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1850.
Windmill Group Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | HK$206.67M | 6.70 | 22.32% | 13.99% | -39.08% | 1675.00% | |
69 Neutral | HK$323.70M | 4.99 | 22.45% | 13.16% | 24.51% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
57 Neutral | HK$756.00M | 79.41 | 3.44% | 1.27% | 0.44% | 27.96% | |
42 Neutral | HK$71.71M | -4.34 | -4.67% | ― | 15.79% | -970.00% | |
38 Underperform | HK$221.22M | -1.10 | -15.28% | 5.18% | 13.50% | -106.11% |
* Industrials Sector Average
HK:1850
Windmill Group Ltd.
0.42
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-40.71%
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0.08
142.37%
Windmill Group Ltd. Corporate Events
Beautiful Life Group Tightens Governance With New Company Secretary and Representatives
Sep 2, 2026
Beautiful Life Group Holdings Limited, a Cayman Islands-incorporated issuer listed in Hong Kong under stock code 1850, maintains a governance structure led by executive and independent non-executive directors in accordance with local listing rules...
Beautiful Life Group Sets AGM to Approve Share Issuance Mandate
Aug 31, 2026
Beautiful Life Group Holdings Limited has convened its annual general meeting for 23 October 2026 in Hong Kong, where shareholders will review the audited financial statements for the year ended 30 April 2026, and vote on the re-election of retiri...
Beautiful Life Group Swings to Loss Despite Double-Digit Revenue Growth
Jul 31, 2026
Beautiful Life Group Holdings Limited reported a 15.8% increase in revenue to HK$433.4 million for the year ended 30 April 2026, but saw gross profit decline to HK$19.9 million amid rising costs. The group recorded a net loss of HK$16.7 million ve...
Beautiful Life Group Issues Profit Warning on HK$14.7 Million Loss
Jul 30, 2026
Beautiful Life Group Holdings Limited has issued a profit warning after a preliminary review of its unaudited consolidated management accounts for the year ended 30 April 2026, indicating it expects to report an unaudited consolidated loss of not ...
Beautiful Life Group Sets Board Meeting to Approve Annual Results and Consider Final Dividend
Jul 14, 2026
Beautiful Life Group Holdings Limited has scheduled a board meeting for 31 July 2026 to review and approve the audited annual results for the financial year ended 30 April 2026. The board will also consider the publication of these results and dis...
Beautiful Life Group Renames and Updates Stock Short Name Without Changing Operations
Jun 17, 2026
Beautiful Life Group Holdings Limited has formally changed its English name from HSC Resources Group Limited to Beautiful Life Group Holdings Limited, following shareholder approval and the issuance of new incorporation and registration certificat...
HSC Resources Adds Veteran Finance Executive Wong Chun Kwok as Independent Director
Jun 16, 2026
HSC Resources Group Limited has strengthened its board with the appointment of Mr. Wong Chun Kwok as an independent non-executive director, adding more than two decades of accounting and finance experience to its governance structure. Wong’s...
HSC Resources Overhauls Independent Board Line-Up and Key Committees
Jun 15, 2026
HSC Resources Group Limited has announced a major reshuffle of its independent non-executive directors, with three incumbents, Li Ka Chun Gordon, Ye Liping and Li Fang, stepping down from the board and relinquishing their roles across the audit, r...
HSC Resources Sets Out Board and Committee Structure
Jun 15, 2026
HSC Resources Group Limited has outlined the composition of its board, which includes three executive directors led by Chief Executive Officer Li Shing Kuen Alexander and three independent non-executive directors. The structure underscores a typic...
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.