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ISP Holdings Limited (HK:2340)
:2340
Hong Kong Market
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ISP Holdings Limited (2340) AI Stock Analysis

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HK:2340

ISP Holdings Limited

(2340)

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Neutral 46 (OpenAI - Gpt-5.6Sol)
Rating:46Neutral
Price Target:
HK$0.14
â–¼(-20.00% Downside)
Action:Reiterated
Date:06/27/26
The score is primarily held back by weak financial performance, driven by persistent operating losses and multi-year negative cash flow, which outweigh the benefit of low leverage. Technicals show only a modest short-term improvement within a broader downtrend, and valuation is constrained by losses (negative P/E) with no dividend yield data to support the investment case.
Positive Factors
Very Low Leverage
Minimal debt reduces interest and refinancing pressure, preserving financial flexibility while the company addresses operating weakness. This balance-sheet resilience can support restructuring or investment without the constraints associated with heavier leverage.
Negative Factors
Persistent Operating Losses
Repeated operating losses show that revenue has not yet translated into a viable profit model. The deeply negative 2025 net margin limits internal capital generation and indicates that any revenue recovery remains vulnerable to cost pressure or weak execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Minimal debt reduces interest and refinancing pressure, preserving financial flexibility while the company addresses operating weakness. This balance-sheet resilience can support restructuring or investment without the constraints associated with heavier leverage.
Read all positive factors

ISP Holdings Limited (2340) vs. iShares MSCI Hong Kong ETF (EWH)

ISP Holdings Limited Business Overview & Revenue Model

Company Description
ISP Holdings Limited, an investment holding company, engages in property and facility management, and interior and special project businesses in the People’s Republic of China, Hong Kong, and Macau. The company provides asset management services, ...

ISP Holdings Limited Financial Statement Overview

Summary
Financial performance is pressured by multi-year operating losses (2023–2025) and materially weak 2025 profitability (net margin about -32%), alongside persistent negative operating and free cash flow (2021–2025). A very low leverage profile (debt-to-equity ~0.02x or below) provides stability, but ongoing losses and cash burn raise sustainability risk despite the 2025 revenue rebound (~28%).
Income Statement
22
Negative
Balance Sheet
66
Positive
Cash Flow
18
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue183.11M153.48M105.49M154.72M224.92M430.65M
Gross Profit18.82M20.63M9.30M13.10M22.66M17.50M
EBITDA-53.58M-57.57M-31.31M-12.72M1.57M-6.87M
Net Income-53.01M-48.96M-33.54M-15.24M436.74M19.61M
Balance Sheet
Total Assets246.89M271.99M297.56M348.60M424.31M521.96M
Cash, Cash Equivalents and Short-Term Investments110.82M113.57M47.61M94.64M201.60M82.66M
Total Debt1.29M1.16M1.05M1.50M1.11M2.75M
Total Liabilities143.54M143.07M147.25M164.17M224.12M356.99M
Stockholders Equity103.35M128.92M150.31M184.43M200.20M164.98M
Cash Flow
Free Cash Flow-24.03M-46.20M-43.11M-24.52M-16.44M-7.90M
Operating Cash Flow-24.03M-46.19M-42.49M-24.43M-16.25M-6.70M
Investing Cash Flow4.47M16.31M-1.67M-58.07M481.16M8.32M
Financing Cash Flow16.03M25.07M-1.90M-2.16M-401.27M-115.35M

ISP Holdings Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.17
Price Trends
50DMA
0.15
Negative
100DMA
0.15
Negative
200DMA
0.16
Negative
Market Momentum
MACD
<0.01
Negative
RSI
54.61
Neutral
STOCH
94.23
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2340, the sentiment is Neutral. The current price of 0.17 is above the 20-day moving average (MA) of 0.14, above the 50-day MA of 0.15, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.61 is Neutral, neither overbought nor oversold. The STOCH value of 94.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2340.

ISP Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
HK$124.77M6.217.87%8.59%8.16%1.52%
70
Outperform
HK$171.98M1.5215.16%13.17%4.17%10.89%
67
Neutral
HK$245.36M57.0530.35%114.57%0.04%-95.28%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
46
Neutral
HK$112.41M-2.02-45.64%64.65%52.35%13.52%
44
Neutral
HK$128.65M-1.92-6.74%1.45%-7.66%-3032.69%
43
Neutral
HK$99.60M-0.30-46.93%1.63%-2.96%-23.22%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2340
ISP Holdings Limited
0.15
>-0.01
-2.00%
HK:1153
Jiayuan Services Holdings Limited
0.36
-0.14
-28.00%
HK:1895
Xinyuan Property Management Service (Cayman) Ltd.
0.29
-0.24
-45.28%
HK:1971
Redsun Services Group Ltd
0.31
-0.08
-20.51%
HK:2152
Suxin Joyful Life Services Co., Ltd. Class H
4.79
-0.62
-11.43%
HK:6958
Zhenro Services Group Limited
0.10
-0.03
-25.00%

ISP Holdings Limited Corporate Events

ISP Holdings flags wider interim loss despite strong revenue growth
Aug 14, 2026
ISP Holdings Limited has warned investors that, despite an estimated 45% to 50% increase in revenue for the six months ended 30 June 2026, it expects to post a larger loss of HK$24 million to HK$28 million, compared with a loss of HK$22.6 million ...
ISP Holdings Sets Board Meeting to Approve Interim Results and Consider Dividend
Aug 12, 2026
ISP Holdings Limited has scheduled a board meeting for 24 August 2026 to review and approve its unaudited interim results for the six months ended 30 June 2026. At the same meeting, the board will also consider the declaration of an interim divide...
ISP Holdings Updates Registered Office Address in Bermuda
Jul 24, 2026
ISP Holdings Limited has announced that it will change the address of its registered office in Bermuda to Richmond House, 12 Par-la-Ville Road, Hamilton HM 08, with effect from 3 August 2026. The move represents an administrative update to the com...
ISP Holdings Subsidiary Wins Key Court Rulings in HK$98.5 Million Contract Dispute
Jul 24, 2026
ISP Holdings&#8217; construction subsidiary ISP Construction (Engineering) Limited has secured a partial court win in a major contractual dispute with ATAL Engineering Limited over an outstanding claim of about HK$98.5 million. The High Court of H...
ISP Holdings Faces Diversity Gap as Executive Director Resigns
Jun 1, 2026
ISP Holdings Limited has announced that executive director Ms. Leung Yuet Ngor will resign and step down from the nomination committee with effect from 1 June 2026, citing other career development, and has indicated there is no disagreement with t...
ISP Holdings Sets Out Board and Committee Structure
Jun 1, 2026
ISP Holdings Limited has announced the current composition of its board of directors, led by executive director and chairman Kingston Chu Chun Ho, alongside one non-executive and three independent non-executive directors. The company has detailed ...
ISP Holdings Wins Unanimous Shareholder Backing for Mandates at 2026 AGM
May 29, 2026
Shareholders of ISP Holdings Limited unanimously approved all resolutions at the company&#8217;s annual general meeting held on 29 May 2026, with 459,686,427 shares voted in favour and none against on each item. The business included adoption of t...
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.Date of analysis: Jun 27, 2026