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Standard Development Group Limited
(1867)
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Rating:41Neutral
Price Target:
HK$0.18
▼(-29.60% Downside)
Action:Upgraded
Date:10/06/26
The score is held down primarily by weak financial performance—sharp multi-year revenue contraction, continued net losses, high leverage, and negative operating/free cash flow—raising funding and downside risk. Technicals add further pressure as the stock trades below major moving averages with negative momentum. Valuation provides limited support due to negative earnings and no dividend yield data.
Positive Factors
Margin and EBITDA Recovery
The rebound in gross margin and positive EBITDA indicate some operational repair despite the company’s weak top line. If maintained, better project economics could improve earnings conversion, strengthen internal funding capacity, and provide a foundation for recovery over the next several quarters.
Negative Factors
Sharp Revenue Contraction
The steep multi-year revenue decline indicates substantial loss of business scale and weak demand conversion. Lower volume reduces the company’s ability to absorb fixed costs, limits operating leverage, and makes the recent margin improvement less durable unless top-line stabilization or renewed growth emerges.
Read all positive and negative factors
Positive Factors
Negative Factors
Margin and EBITDA Recovery
The rebound in gross margin and positive EBITDA indicate some operational repair despite the company’s weak top line. If maintained, better project economics could improve earnings conversion, strengthen internal funding capacity, and provide a foundation for recovery over the next several quarters.
Read all positive factors
Standard Development Group Limited (1867) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$273.40M
Dividend YieldN/A
Average Volume (3M)42.33K
Price to Earnings (P/E)―
Beta (1Y)0.17
Revenue Growth-33.88%
EPS Growth67.16%
CountryHK
Employees126
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)-0.01
Shares Outstanding1,494,000,000
10 Day Avg. Volume85,000
30 Day Avg. Volume42,333
Financial Highlights & Ratios
PEG Ratio0.32
Price to Book (P/B)4.42
Price to Sales (P/S)1.77
P/FCF Ratio-9.66
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
Standard Development Group Limited Business Overview & Revenue Model
Company Description
Standard Development Group Limited is an investment holding company that engages in construction and engineering-related businesses in Mainland China and Hong Kong. It provides interior fitting-out, renovation, alteration, and addition services fo...
Standard Development Group Limited Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
22
Negative
Cash Flow
18
Very Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 199.03M | 301.03M | 489.79M | 661.23M | 306.56M |
| Gross Profit | 39.67M | 763.00K | 3.25M | 22.12M | 10.18M |
| EBITDA | 15.27M | -30.87M | -16.77M | -4.31M | -19.16M |
| Net Income | -16.46M | -50.03M | -19.94M | -8.83M | -21.01M |
Balance Sheet | |||||
| Total Assets | 428.93M | 380.56M | 291.71M | 273.98M | 253.75M |
| Cash, Cash Equivalents and Short-Term Investments | 37.08M | 39.03M | 23.93M | 153.35M | 139.55M |
| Total Debt | 235.68M | 187.58M | 75.30M | 16.55M | 16.34M |
| Total Liabilities | 343.06M | 277.31M | 137.32M | 104.66M | 108.43M |
| Stockholders Equity | 79.78M | 94.63M | 144.81M | 169.32M | 145.32M |
Cash Flow | |||||
| Free Cash Flow | -36.51M | -90.42M | -125.45M | -18.44M | 72.11M |
| Operating Cash Flow | -13.94M | 17.84M | -56.69M | -17.54M | 74.47M |
| Investing Cash Flow | -22.56M | -108.24M | -90.48M | -907.00K | -2.36M |
| Financing Cash Flow | 33.61M | 105.48M | 24.62M | 33.62M | 35.97M |
Standard Development Group Limited Technical Analysis
Negative
0.25
Price Trends
0.22
Negative
0.21
Negative
0.22
Negative
Market Momentum
-0.01
Positive
17.13
Positive
14.29
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1867, the sentiment is Negative. The current price of 0.25 is above the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.22, and above the 200-day MA of 0.22, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 17.13 is Positive, neither overbought nor oversold. The STOCH value of 14.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1867.
Standard Development Group Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$1.46B | 5.03 | 7.71% | 7.58% | 1.92% | -2.09% | |
64 Neutral | HK$340.00M | 31.36 | 6.98% | 5.37% | 12.20% | 7.84% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
46 Neutral | HK$1.37B | -1.91 | 436.38% | ― | 17.87% | -306.00% | |
42 Neutral | HK$96.00M | 26.10 | -40.37% | ― | ― | ― | |
41 Neutral | HK$273.40M | -16.64 | -32.10% | ― | -33.88% | 67.16% | |
19 Underperform | HK$23.04M | -1.59 | 423.51% | ― | 9.01% | 38.27% |
* Industrials Sector Average
HK:1867
Standard Development Group Limited
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Standard Development Group Limited Corporate Events
Standard Development Group Shareholders Approve All AGM Resolutions
Sep 30, 2026
Standard Development Group Limited reported that all resolutions proposed at its annual general meeting on 30 September 2026 were passed by shareholders through a poll. The meeting, attended by all directors in person or electronically, endorsed t...
Standard Development Group Sets 2026 AGM to Approve Results and Share Issue Mandate
Sep 3, 2026
Standard Development Group Limited, a Cayman Islands-incorporated company listed in Hong Kong under stock code 1867, operates with a conventional Hong Kong corporate governance structure featuring executive and independent non-executive directors ...
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.