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Yue Kan Holdings Limited (2110) AI Stock Analysis
Yue Kan Holdings Limited
(HKEX:2110)
The score is held down primarily by weak financial performance (ongoing losses, negative operating cash flow, and a sharp 2026 revenue decline). Technicals are mixed with a longer-term downtrend despite neutral short-term indicators, while valuation is unattractive due to a negative P/E and no dividend yield data.
Yue Kan Holdings Limited (2110) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 28.08M
- Dividend Yield
- ―
- Average Volume (3M)
- 160.68K
- Price to Earnings (P/E)
- -0.1
- Beta (1Y)
- -0.45
- Revenue Growth
- -46.35%
- EPS Growth
- 50.39%
- Country
- Hong Kong
- Employees
- 52
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Engineering & Construction
Yue Kan Holdings Limited Business Overview & Revenue Model
Company Description
Tian Cheng Holdings Limited primarily operates within the marine construction sector, with a core specialization in land reclamation projects. Complementing these activities, the company also offers vessel chartering services and undertakes a variety...
Yue Kan Holdings Limited Financial Statement Overview
Summary
Overall financials are weak: revenue declined sharply in 2026 (~-29% YoY), gross profit and net income remain negative across 2023–2026, and operating cash flow was negative again in 2026 (~-HK$21.9m). The key offset is a relatively low-debt balance sheet (modest ~HK$1.4m debt) and a narrowing of losses versus 2025, but profitability and cash generation have not yet stabilized.
Income Statement
18Very NegativeBalance Sheet
62PositiveCash Flow
22Negative| Breakdown | TTM | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 108.80M | 108.80M | 202.78M | 223.33M | 198.03M | 345.62M |
| Gross Profit | -3.02M | -3.02M | -13.67M | -31.86M | -62.34M | 56.01M |
| EBITDA | -9.13M | -12.95M | -25.01M | -31.36M | -73.13M | 53.57M |
| Net Income | -16.63M | -16.63M | -34.48M | -44.14M | -87.05M | 37.63M |
Balance Sheet | ||||||
| Total Assets | 61.27M | 61.27M | 81.56M | 117.47M | 145.99M | 265.47M |
| Cash, Cash Equivalents and Short-Term Investments | 15.84M | 15.84M | 28.10M | 25.82M | 33.69M | 124.52M |
| Total Debt | 1.38M | 1.38M | 2.56M | 4.95M | 6.84M | 1.62M |
| Total Liabilities | 19.97M | 19.97M | 38.10M | 43.56M | 39.52M | 63.67M |
| Stockholders Equity | 41.30M | 41.30M | 43.46M | 73.90M | 106.47M | 201.79M |
Cash Flow | ||||||
| Free Cash Flow | -10.11M | 0 | -12.79M | -26.79M | -49.84M | 20.11M |
| Operating Cash Flow | -21.92M | -21.86M | -12.79M | -26.70M | -38.71M | 34.22M |
| Investing Cash Flow | 2.40M | 2.34M | 10.82M | 8.80M | -10.77M | -24.11M |
| Financing Cash Flow | 9.97M | 9.97M | 1.49M | 10.06M | -2.02M | 83.40M |
Yue Kan 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:2110, the sentiment is Neutral. The current price of 0.67 is above the 20-day moving average (MA) of 0.65, above the 50-day MA of 0.64, and below the 200-day MA of 0.88, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 50.25 is Neutral, neither overbought nor oversold. The STOCH value of 37.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2110.
Yue Kan Holdings Limited Peers Comparison
Overall Rating
HK:861673Outperform- HK:211045Neutral
HK:826242Neutral
HK:835639Underperform
HK:180238Underperform
HK:844533Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:8616 | 73Outperform | HKD 86.00M | 15.64 | 3.13% | ― | 9.25% | ― |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:2110 | 45Neutral | HKD 28.08M | -0.11 | -46.54% | ― | -46.35% | 50.39% |
| HK:8262 | 42Neutral | HKD 33.24M | -3.21 | -9.62% | ― | -25.04% | 39.52% |
| HK:8356 | 39Underperform | HKD 20.97M | 2.85 | -18.35% | ― | 12.04% | ― |
| HK:1802 | 38Underperform | HKD 37.42M | 0.03 | -1170.30% | ― | 4538.22% | -104.58% |
| HK:8445 | 33Underperform | HKD 63.01M | -5.32 | -13.85% | ― | -36.27% | -4.08% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2110 | Yue Kan Holdings Limited | 0.65 | -1.34 | -67.34% | |
| HK:1802 | Wenye Group Holdings Limited | 0.04 | 0.00 | 0.00% | |
| HK:8262 | Super Strong Holdings Ltd. | 0.04 | -0.01 | -28.00% | |
| HK:8356 | CNC Holdings Limited | 0.28 | -0.06 | -17.65% | |
| HK:8445 | Noble Engineering Group Holdings Limited | 0.19 | 0.02 | 11.76% | |
| HK:8616 | Sunray Engineering Group Limited | 0.09 | 0.04 | 72.00% |
Yue Kan Holdings Limited Corporate Events
Tian Cheng Holdings Tightens Governance With Revised Nomination Committee Mandate
Tian Cheng Holdings Limited has formalized and revised the terms of reference for its nomination committee, setting out clear rules on composition, gender diversity, independence requirements, and the appointment and removal of members. The committee...
Tian Cheng Holdings Sets AGM to Approve Results, Reappoint Directors and Renew Share Issuance Mandate
Tian Cheng Holdings Limited has called its annual general meeting for 13 November 2026 in Hong Kong, where shareholders will review and adopt the audited consolidated financial statements for the year ended 31 May 2026 and the related directors’...
Tian Cheng Adds Chairwoman to Nomination Committee to Boost Governance and Diversity
Tian Cheng Holdings Limited has appointed its chairman and executive director, Ms. Zheng Yanling, as a member of the company’s nomination committee, effective 14 September 2026. The committee now consists of four members, including one female d...
Tian Cheng Holdings Sets Out Board and Committee Structure to Strengthen Governance
Tian Cheng Holdings Limited has outlined the composition of its nine-member board of directors, led by chairwoman Ms. Zheng Yanling and supported by five other executive directors and three independent non-executive directors. This structure undersco...
Tian Cheng finalises capital reorganisation and revises share option terms
Tian Cheng Holdings Limited has confirmed that all conditions for its capital reorganisation have been met, with the new share structure becoming effective on 3 September 2026 and trading in the new shares commencing the same day. New share certifica...
Tian Cheng Holdings Narrows Loss Despite 46% Revenue Slide in FY2026
Tian Cheng Holdings Limited, a Hong Kong-listed marine construction and civil engineering group, reported a sharp contraction in revenue for the year ended 31 May 2026, reflecting weaker performance in its core marine works and vessel chartering busi...
Tian Cheng Holdings Updates Auditor Name Following Firm Rebranding
Tian Cheng Holdings Limited, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange under stock code 2110, maintains a typical governance structure with both executive and independent non-executive directors, although the annou...
Tian Cheng Holdings Shareholders Back Capital Reorganisation Plan
Shareholders of Tian Cheng Holdings Limited have overwhelmingly approved a capital reorganisation at an extraordinary general meeting held in Hong Kong, with 99.99% of votes cast in favour of the proposal. The reorganisation package includes a share...
Tian Cheng Board to Review Annual Results and Consider Final Dividend
Tian Cheng Holdings Limited has scheduled a board meeting for 27 August 2026 to review and approve the audited financial results for the year ended 31 May 2026. The board will also consider the declaration of a final dividend, indicating a potential...
Tian Cheng Holdings Moves to Restructure Share Capital via EGM
Tian Cheng Holdings Limited, a Cayman Islands-incorporated issuer listed in Hong Kong, is moving to restructure its share capital through a consolidation, reduction and subdivision of shares. The changes will preserve the overall authorised share cap...
Tian Cheng Sets August EGM and Book Closure for Capital Reorganisation
Tian Cheng Holdings Limited has convened an extraordinary general meeting to be held in Central, Hong Kong on 21 August 2026 at 11:00 a.m., where shareholders will consider a proposed capital reorganisation and a change in board lot size. The company...
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: Oct 29, 2026