Want to see HK:1891 full AI Analyst Report?
Top Page
Heng Hup Holdings Ltd.
(1891)
Select Model
Select Model
Rating:58Neutral
Price Target:
HK$0.23
▲(65.00% Upside)
Action:Reiterated
Date:09/26/26
The score is held back primarily by uneven financial performance—thin margins, a 2025 revenue decline, and especially volatile cash flow with a sharp 2025 free-cash-flow drop. These risks are partially offset by constructive technical momentum (price above major moving averages with positive MACD) and a mid-range P/E valuation.
Positive Factors
Improved Leverage
Lower leverage indicates reduced balance-sheet stress and gives the company more financial flexibility than at its 2023 peak. This can support resilience through weaker trading conditions, although the benefit is moderated by limited returns on equity and modest earnings power.
Negative Factors
Revenue Decline
The revenue decline and uneven trajectory indicate that recent demand or operating volumes have not developed consistently. Sustained top-line weakness would limit operating leverage, constrain reinvestment capacity, and make it harder for the company to improve earnings over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Leverage
Lower leverage indicates reduced balance-sheet stress and gives the company more financial flexibility than at its 2023 peak. This can support resilience through weaker trading conditions, although the benefit is moderated by limited returns on equity and modest earnings power.
Read all positive factors
Heng Hup Holdings Ltd. (1891) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$209.00M
Dividend Yield3.08%
Average Volume (3M)672.93K
Price to Earnings (P/E)14.5
Beta (1Y)0.04
Revenue Growth-4.21%
EPS Growth-65.74%
CountryHK
Employees355
SectorIndustrials
Sector Strength72
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,000,000,000
10 Day Avg. Volume628,400
30 Day Avg. Volume672,933
Financial Highlights & Ratios
PEG Ratio-0.12
Price to Book (P/B)0.30
Price to Sales (P/S)0.05
P/FCF Ratio49.07
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
Heng Hup Holdings Ltd. Business Overview & Revenue Model
Company Description
Heng Hup Holdings Limited, an investment conglomerate, primarily engages in the trade of ferrous scrap metal, operating both domestically within Malaysia and across international markets. The company procures these metallic discards from diverse s...
Heng Hup Holdings Ltd. Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
66
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.40B | 1.46B | 1.71B | 1.35B | 1.40B | 1.42B |
| Gross Profit | 125.66M | 123.07M | 125.96M | 77.08M | 52.33M | 77.57M |
| EBITDA | 21.85M | 31.59M | 48.90M | 26.54M | 13.55M | 42.03M |
| Net Income | 7.23M | 14.58M | 25.46M | 8.54M | 2.38M | 25.48M |
Balance Sheet | ||||||
| Total Assets | 388.39M | 385.85M | 380.35M | 382.11M | 278.46M | 280.02M |
| Cash, Cash Equivalents and Short-Term Investments | 48.84M | 57.16M | 51.32M | 24.85M | 28.22M | 29.16M |
| Total Debt | 95.29M | 91.13M | 89.53M | 107.46M | 54.19M | 34.62M |
| Total Liabilities | 145.36M | 140.28M | 145.69M | 169.52M | 74.68M | 73.25M |
| Stockholders Equity | 245.30M | 252.89M | 238.44M | 213.30M | 204.76M | 206.84M |
Cash Flow | ||||||
| Free Cash Flow | 2.42M | 1.53M | 55.20M | -49.87M | -10.78M | -6.01M |
| Operating Cash Flow | 27.14M | 11.84M | 67.39M | -39.02M | 6.78M | -2.15M |
| Investing Cash Flow | -26.60M | -9.87M | -13.20M | -10.79M | -16.79M | -2.60M |
| Financing Cash Flow | 5.48M | 2.64M | -28.69M | 44.30M | 9.06M | 6.12M |
Heng Hup Holdings Ltd. Technical Analysis
Neutral
0.14
Price Trends
0.18
Positive
0.18
Positive
0.16
Positive
Market Momentum
<0.01
Positive
52.42
Neutral
23.48
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1891, the sentiment is Neutral. The current price of 0.14 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.18, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.42 is Neutral, neither overbought nor oversold. The STOCH value of 23.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1891.
Heng Hup Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | HK$1.22B | 4.84 | 7.26% | 6.20% | -4.88% | -0.62% | |
60 Neutral | HK$1.19B | -184.38 | -2.37% | ― | -31.18% | -121.38% | |
58 Neutral | HK$209.00M | 14.48 | 2.90% | 3.08% | -4.21% | -65.74% | |
57 Neutral | HK$859.08M | -29.35 | -1.92% | 14.65% | -17.65% | -538.68% | |
46 Neutral | HK$259.19M | -6.17 | -3.69% | 4.95% | >-0.01% | 15.55% | |
46 Neutral | HK$557.69M | 46.36 | 0.61% | 5.49% | 23.21% | 11.11% |
* Industrials Sector Average
HK:1891
Heng Hup Holdings Ltd.
0.20
0.07
52.67%
HK:0822
Ka Shui International Holdings Limited
0.30
-0.05
-15.71%
HK:0838
Eva Precision Industrial Holdings Limited
0.70
-0.48
-40.70%
HK:0255
Lung Kee (Bermuda) Holdings Limited
1.37
-0.27
-16.77%
HK:0929
IPE Group Limited
0.51
-0.39
-43.08%
HK:2535
WK Group (Holdings) Limited
0.59
0.02
3.51%
Heng Hup Holdings Ltd. Corporate Events
Heng Hup Interim Profit Slumps Despite Firm Gross Margins
Aug 30, 2026
Heng Hup Holdings reported unaudited interim results for the six months ended 30 June 2026, showing revenue of RM658.9 million, down 9.1% year-on-year, while gross profit edged up 3.2% to RM63.7 million as cost of sales fell. Profit attributable t...
Heng Hup Warns of Sharp First-Half Profit Drop on Rising Malaysia Transport Costs
Aug 20, 2026
Heng Hup Holdings Ltd. has warned that its consolidated profit attributable to shareholders for the first half of 2026 is expected to drop by about 60% to 90% compared with the same period in 2025. The profit decline comes despite a slight increas...
Heng Hup Sets August Board Meeting to Approve Interim Results and Consider Dividend
Aug 19, 2026
Heng Hup Holdings Ltd. has scheduled a board meeting for 29 August 2026 to review and approve the interim results for the six months ended 30 June 2026 and to authorize their publication. The board will also consider the payment of an interim divi...
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.