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OneForce Holdings Limited (1933) AI Stock Analysis
OneForce Holdings Limited
(HKEX:1933)
The score is primarily weighed down by sharply weakening fundamentals (revenue decline, margin collapse, recent losses, higher leverage from equity erosion, and volatile/negative cash flows). Technical indicators also point to a weak trend with bearish momentum, and valuation is constrained by a loss-making profile (negative P/E) with no dividend support.
OneForce Holdings Limited (1933) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 110.97M
- Dividend Yield
- ―
- Average Volume (3M)
- 324.35K
- Price to Earnings (P/E)
- -0.7
- Beta (1Y)
- 0.80
- Revenue Growth
- -41.05%
- EPS Growth
- -261.81%
- Country
- Hong Kong
- Employees
- 143
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Application
OneForce Holdings Limited Business Overview & Revenue Model
Company Description
OneForce Holdings Limited, through its group of companies, delivers information technology services across the People's Republic of China. The firm's business is organized into three primary divisions: Software and Solutions, Technical Services, and...
OneForce Holdings Limited Financial Statement Overview
Summary
Financial performance has deteriorated sharply: revenue contracted significantly in 2026 and profitability shifted from profits (2021–2024) to sizable losses (2025–2026). Margins compressed heavily (gross margin down to ~2% in 2026) and equity erosion pushed leverage higher (debt/equity ~1.14x in 2026). Cash flow is volatile and often negative, raising near-term funding and resilience risk.
Income Statement
18Very NegativeBalance Sheet
38NegativeCash Flow
26Negative| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 217.08M | 211.47M | 377.69M | 490.55M | 449.86M | 376.70M |
| Gross Profit | 4.93M | 4.78M | 51.60M | 77.08M | 94.88M | 88.27M |
| EBITDA | -118.93M | -115.89M | -33.44M | 19.80M | 48.84M | 40.90M |
| Net Income | -131.93M | -128.69M | -37.55M | 8.36M | 32.57M | 22.02M |
Balance Sheet | ||||||
| Total Assets | 376.33M | 376.33M | 565.11M | 656.50M | 559.13M | 433.98M |
| Cash, Cash Equivalents and Short-Term Investments | 23.09M | 23.09M | 56.06M | 62.89M | 55.52M | 37.92M |
| Total Debt | 120.84M | 120.84M | 130.26M | 143.05M | 75.54M | 48.13M |
| Total Liabilities | 270.39M | 270.39M | 325.48M | 379.42M | 290.66M | 198.87M |
| Stockholders Equity | 105.94M | 105.94M | 239.63M | 277.09M | 268.47M | 235.11M |
Cash Flow | ||||||
| Free Cash Flow | -25.00M | -23.10M | 1.17M | -48.64M | 3.75M | -17.30M |
| Operating Cash Flow | -24.86M | -22.97M | 1.17M | -48.28M | 3.90M | -14.23M |
| Investing Cash Flow | -141.86K | -137.01K | 225.00K | -357.00K | -146.00K | 13.69M |
| Financing Cash Flow | -9.00M | -8.65M | -8.21M | 55.74M | 22.56M | 7.87M |
OneForce Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1933, the sentiment is Neutral. The current price of 0.22 is below the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.22, and above the 200-day MA of 0.21, indicating a neutral trend. The MACD of -0.00 indicates Positive momentum. The RSI at 49.56 is Neutral, neither overbought nor oversold. The STOCH value of 28.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1933.
OneForce Holdings Limited Peers Comparison
Overall Rating
HK:026872Outperform
HK:158867Neutral
HK:389666Neutral
HK:167548Neutral- HK:193343Neutral
HK:201342Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0268 | 72Outperform | HKD 29.85B | 104.70 | 3.02% | ― | 16.98% | ― |
| HK:1588 | 67Neutral | HKD 1.39B | 13.97 | 9.51% | 9.73% | 21.19% | 19.81% |
| HK:3896 | 66Neutral | HKD 18.67B | -5.69 | -7.08% | ― | 35.32% | 74.56% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| HK:1675 | 48Neutral | HKD 2.98B | -13.67 | -2.55% | 1.68% | -2.82% | -152.77% |
| HK:1933 | 43Neutral | HKD 104.04M | -0.70 | -96.21% | ― | -41.05% | -261.81% |
| HK:2013 | 42Neutral | HKD 2.70B | -6.65 | -13.18% | ― | 40.17% | 76.39% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1933 | OneForce Holdings Limited | 0.22 | 0.07 | 40.88% | |
| HK:0268 | Kingdee International Software Group Co | 8.56 | -6.26 | -42.21% | |
| HK:2013 | Weimob | 0.69 | -1.56 | -69.11% | |
| HK:1675 | AsiaInfo Technologies Limited | 3.22 | -5.59 | -63.43% | |
| HK:1588 | Chanjet Information Technology Co., Ltd. Class H | 4.61 | -3.56 | -43.63% | |
| HK:3896 | Kingsoft Cloud Holdings Ltd | 4.20 | -2.17 | -34.07% |
OneForce Holdings Limited Corporate Events
OneForce Shareholders Unanimously Back Governance and Capital Mandates at AGM
Shareholders of OneForce Holdings Limited unanimously approved all resolutions at the annual general meeting held on 21 September 2026 in Beijing, covering adoption of audited financial statements for the year ended 31 March 2026 and the re-election...
OneForce Sets AGM to Seek Shareholder Approval for Director Re-Elections and Capital Mandates
OneForce Holdings Limited has called an annual general meeting to be held physically in Beijing on 21 September 2026, where shareholders will review and adopt the audited consolidated financial statements and the reports of directors and auditor for...
OneForce Reschedules Register Closure Ahead of September AGM
OneForce Holdings Limited has revised the closure period of its register of members ahead of its annual general meeting scheduled for 21 September 2026, rescheduling the book closure to run from 16 to 21 September, with 21 September set as the record...
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 21, 2026