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Hang Yick Holdings Company Limited
(1894)
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Rating:55Neutral
Price Target:
HK$0.56
â–²(1780.00% Upside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by weak financial performance (multi-year losses and sharply compressed margins), despite balance-sheet strength and a 2026 cash-flow rebound. Technicals provide support due to a clear uptrend versus moving averages, but valuation remains challenging with a negative P/E and no dividend yield data.
Positive Factors
Very low leverage
Extremely low leverage reduces refinancing exposure and interest-related pressure, giving the company greater flexibility to withstand operating weakness. This conservative capital structure also preserves capacity to fund property-related activities or absorb volatility without relying heavily on additional borrowing.
Negative Factors
Persistent losses and margin collapse
Multi-year losses and the collapse from a 2022 gross margin near 21.3% to roughly 1–2% indicate that current revenue is producing little operating cushion. Continued margin pressure could restrict reinvestment, weaken returns on assets, and make recovery dependent on a sustained improvement in pricing or costs.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Extremely low leverage reduces refinancing exposure and interest-related pressure, giving the company greater flexibility to withstand operating weakness. This conservative capital structure also preserves capacity to fund property-related activities or absorb volatility without relying heavily on additional borrowing.
Read all positive factors
Hang Yick Holdings Company Limited (1894) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$130.68M
Dividend Yield0.22%
Average Volume (3M)1.56M
Price to Earnings (P/E)―
Beta (1Y)0.47
Revenue Growth-4.96%
EPS Growth-21.64%
CountryHK
Employees400
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)-0.22
Shares Outstanding233,357,000
10 Day Avg. Volume1,957,375
30 Day Avg. Volume1,563,191
Financial Highlights & Ratios
PEG Ratio-0.09
Price to Book (P/B)0.15
Price to Sales (P/S)0.16
P/FCF Ratio1.48
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
Hang Yick Holdings Company Limited Business Overview & Revenue Model
Company Description
Hang Yick Holdings Company Limited, a steel and metal engineering company, designs, manufactures, supplies, and installs steel and metal products for construction projects in Hong Kong and the People’s Republic of China. It offers steel and metal ...
Hang Yick Holdings Company Limited Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
71
Positive
Cash Flow
58
Neutral
| Breakdown | Mar 2025 | Mar 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 178.22M | 187.52M | 157.20M | 184.90M | 203.60M |
| Gross Profit | 3.22M | 2.57M | 18.00M | 22.36M | 43.31M |
| EBITDA | -26.85M | -18.95M | -496.00K | 4.44M | 21.42M |
| Net Income | -28.90M | -24.01M | -4.12M | 5.29M | 19.68M |
Balance Sheet | |||||
| Total Assets | 235.74M | 167.49M | 188.39M | 189.50M | 193.13M |
| Cash, Cash Equivalents and Short-Term Investments | 116.47M | 31.09M | 63.56M | 79.39M | 54.92M |
| Total Debt | 1.44M | 81.00K | 394.00K | 4.43M | 4.03M |
| Total Liabilities | 38.20M | 22.98M | 28.42M | 19.40M | 31.05M |
| Stockholders Equity | 197.53M | 144.51M | 159.97M | 170.10M | 194.53M |
Cash Flow | |||||
| Free Cash Flow | 19.60M | -55.69M | -13.69M | 25.85M | 9.46M |
| Operating Cash Flow | 21.48M | -50.05M | -1.04M | 27.52M | 15.22M |
| Investing Cash Flow | -1.86M | -4.77M | -11.83M | -2.68M | 34.96M |
| Financing Cash Flow | 81.66M | 7.73M | -4.07M | -597.00K | -40.76M |
Hang Yick Holdings Company Limited Technical Analysis
Positive
0.03
Price Trends
0.57
Negative
0.52
Positive
0.50
Positive
Market Momentum
<0.01
Negative
48.96
Neutral
46.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1894, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.55, below the 50-day MA of 0.57, and below the 200-day MA of 0.50, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.96 is Neutral, neither overbought nor oversold. The STOCH value of 46.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1894.
Hang Yick Holdings Company Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | HK$616.00M | 5.56 | 7.76% | 7.57% | -35.49% | -32.38% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | HK$169.87M | 1.21 | 7.82% | 2.39% | -39.70% | -51.97% | |
55 Neutral | HK$130.68M | -2.55 | -17.22% | 0.22% | -4.96% | -21.64% | |
45 Neutral | HK$17.76B | -35.95 | -1.96% | 1.64% | 0.33% | 76.02% | |
44 Neutral | HK$12.61B | -3.67 | -18.85% | 6.49% | -6.57% | -6.67% | |
40 Underperform | HK$18.92B | -3.49 | -14.44% | 0.38% | -1.18% | -55.60% |
* Basic Materials Sector Average
HK:1894
Hang Yick Holdings Company Limited
0.56
-0.01
-2.10%
HK:0347
Angang Steel Co
1.00
-1.09
-52.16%
HK:0323
Maanshan Iron & Steel Co
1.32
-1.32
-49.98%
HK:1053
Chongqing Iron & Steel Co., Ltd. Class H
0.79
-0.58
-42.34%
HK:1553
Maike Tube Industry Holdings Limited
1.42
-0.03
-2.07%
HK:1938
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.
0.17
-0.15
-47.50%
Hang Yick Holdings Company Limited Corporate Events
Partial Cash Offer Launched for Hang Yick Holdings Shares
Oct 13, 2026
Hang Yick Holdings Company Limited, listed in Hong Kong under stock code 1894, operates in the construction-related manufacturing and services space, supplying building materials and associated solutions to the local market. The company’s eq...
Ngai Wa Ping Clears Key Hurdle for Partial Offer for Hang Yick Holdings
Oct 9, 2026
Mr. Ngai Wa Ping has moved to increase his stake in Hang Yick Holdings Company Limited through a pre-conditional voluntary cash partial offer, executed via Rainbow Capital (HK) Limited, to acquire 30,000,000 shares not already owned by him or his ...
Hang Yick Shareholders Approve All AGM Resolutions Amid Notable Dissent
Sep 30, 2026
Hang Yick Holdings Company Limited, a Cayman Islands-incorporated firm listed on the Hong Kong Stock Exchange, maintains a conventional governance structure with a mix of executive and independent non-executive directors and an external audit firm...
Hang Yick Holdings Receives Notice of Pre-Conditional Partial Cash Offer
Sep 24, 2026
Hang Yick Holdings announced that it has been notified of a pre-conditional voluntary cash partial offer by an offeror to acquire 30,000,000 shares, representing about 12.86% of its issued share capital, with the offer to be extended to all qualif...
Hang Yick Shares Halted Pending Takeovers Code Announcement
Sep 24, 2026
Hang Yick Holdings has requested a trading halt in its shares on the Hong Kong Stock Exchange, effective from 9:00 a.m. on 24 September 2026, as it prepares to release an announcement under Hong Kong’s Code on Takeovers and Mergers. The pend...
Investor launches pre-conditional partial cash offer for Hang Yick Holdings shares
Sep 23, 2026
Hang Yick Holdings Company Limited has become the target of a pre-conditional voluntary cash partial offer, with investor Mr. Ngai Wa Ping, through Rainbow Capital (HK) Limited, signalling firm intent to acquire 30,000,000 shares at HK$0.60 per sh...
Hang Yick Faces Court Challenge Over August Extraordinary General Meeting
Sep 21, 2026
Hang Yick Holdings Company Limited has disclosed that it received an originating summons dated 18 September 2026, requiring its attendance at a High Court hearing in Hong Kong on 5 November 2026. The legal action is brought by former director Ngai...
Hang Yick Sets 2026 AGM to Approve Results, Board Changes and Share Issuance Mandate
Sep 8, 2026
Hang Yick Holdings Company Limited has called its annual general meeting for 30 September 2026 in Hong Kong, where shareholders will be asked to adopt the audited consolidated financial statements for the year ended 31 March 2026 and approve the d...
Hang Yick Corrects EGM Poll Results and Committee Changes
Sep 2, 2026
Hang Yick Holdings Company Limited issued a clarification on the previously announced poll results from its extraordinary general meeting held on 31 August 2026. The company corrected clerical errors to state that Resolution No. 1 was not passed, ...
Hang Yick faces temporary non-compliance after company secretary’s departure
Sep 1, 2026
Hang Yick Holdings Company Limited has announced that its company secretary, Mr. Wong Wah, ceased to hold the position with effect from 31 August 2026, and simultaneously stepped down as an authorised representative under the Hong Kong listing rul...
Hang Yick Holdings Overhauls Board After Shareholder Vote
Aug 31, 2026
Hang Yick Holdings Company Limited announced that shareholders approved all resolutions at an extraordinary general meeting held on 31 August 2026, resulting in a significant reshaping of the board. Multiple executive and independent non-executive...
Hang Yick Holdings Sets Out Board and Committee Structure
Aug 31, 2026
Hang Yick Holdings Company Limited has announced the current composition of its board of directors, listing two executive directors and three independent non-executive directors. The disclosure clarifies the roles of each director within the compa...
Hang Yick Shifts Venue for 31 August Extraordinary General Meeting
Aug 24, 2026
Hang Yick Holdings Company Limited has announced a change in the venue for its extraordinary general meeting scheduled for 31 August 2026, moving the event to Meeting Room 1+2 on the third floor of the JW Marriott Hotel Shenzhen in Futian District...
Hang Yick Grants New Share Options to Align Key Staff with Long-Term Strategy
Aug 24, 2026
Hang Yick Holdings Company Limited has granted 3,077,000 share options, representing about 1.34% of its issued share capital, to one executive director and one employee under its 2018 share option scheme. The options are exercisable at HK$0.545 pe...
Hang Yick delays dispatch of EGM circular to mid-August
Aug 6, 2026
Hang Yick Holdings Company Limited has announced a delay in sending a shareholder circular related to an upcoming extraordinary general meeting, which will now be dispatched on or before 14 August 2026 instead of the previously anticipated 31 July...
Hang Yick reshapes company secretary and authorised representative roles
Aug 4, 2026
Hang Yick Holdings Company Limited, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, maintains a conventional governance framework with executive and independent non-executive directors. The group relies on experience...
Hang Yick Delays 2026 Annual Report Amid ESG Consultant Dispute
Jul 31, 2026
Hang Yick Holdings Company Limited has announced a delay in publishing its 2026 annual report, with the document remaining outstanding primarily because the ESG section has not yet been completed. The ESG workstream has been put on hold due to a d...
Hang Yick Clarifies Error on Share Trading Status in Subscription Termination Notice
Jul 31, 2026
Hang Yick Holdings Company Limited has issued a clarification regarding a previous announcement on the termination of a subscription of new shares under a general mandate. The company, which is listed on the Stock Exchange of Hong Kong and governe...
Hang Yick Ends New Share Subscription as Trading in Its Stock Remains Suspended
Jul 30, 2026
Hang Yick Holdings Company Limited, a Cayman Islands-incorporated issuer listed in Hong Kong under stock code 1894, operates under a board made up of executive and independent non-executive directors who supervise its business and financial affair...
Hang Yick calls EGM to vote on sweeping board overhaul
Jul 24, 2026
Hang Yick Holdings Company Limited has called an extraordinary general meeting for 31 August 2026 in Nanchang, Jiangxi Province, to vote on a sweeping overhaul of its board. Shareholders will consider resolutions to remove multiple existing execut...
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.