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Golden Faith Group Holdings Limited (2863) AI Stock Analysis

HK:2863

Golden Faith Group Holdings Limited

(HKEX:2863)

Select Model
Rating:48Neutral
Price Target:HKD 0.68â–²(0.44% Upside)
Action:reiterated
Date:10/29/26

The score is held down primarily by weak financial performance, driven by recent losses, sharp margin compression, and sustained cash outflows. Technical indicators also reflect a weak trend. These negatives are partly offset by low leverage and a relatively high dividend yield.

Positive Factors
Low leverageVery low leverage reduces solvency pressure and preserves financial flexibility during a difficult operating period. The modest debt burden can leave more room to fund projects, absorb earnings volatility, and pursue recovery without relying heavily on refinancing or additional borrowing.
Negative Factors
Revenue contractionThe sharp 2025 revenue decline signals weakening business activity and reduces the scale available to absorb overhead costs. Unless growth resumes, lower volume can constrain operating leverage, limit reinvestment capacity, and make a return to sustainable profitability more difficult.

Golden Faith Group Holdings Limited (2863) vs. iShares MSCI Hong Kong ETF (EWH)

-25%0%25%50%75%100%125%150%175%HK:2863+89.19%EWH+8.05%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 429.72M
Dividend Yield
4.29%
Average Volume (3M)
2.70M
Price to Earnings (P/E)
-18.2
Beta (1Y)
0.60
Revenue Growth
-38.46%
EPS Growth
-509.52%
Country
Hong Kong
Employees
82
Sector
Industrials
Sector Strength
63
Industry
Engineering & Construction

Golden Faith Group Holdings Limited Business Overview & Revenue Model

Company Description

Golden Faith Group Holdings Limited operates as an investment holding enterprise with a primary focus on furnishing electrical and mechanical (E&M) engineering services throughout Hong Kong. The company's expertise covers a wide array of engineering...

Golden Faith Group Holdings Limited Financial Statement Overview

Summary

Overall fundamentals are weak. Income statement profitability has deteriorated with revenue down sharply in 2025 and recurring losses in 2023–2025 alongside very thin gross margins. Cash flow is the biggest concern, with negative operating and free cash flow in 2024–2025. The main offset is a conservatively levered balance sheet with very low debt-to-equity, which reduces solvency risk.

Income Statement

34Negative

Balance Sheet

72Positive

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMSep 2025Sep 2024Sep 2023Sep 2022Sep 2021
Income Statement
Total Revenue404.19M467.14M736.68M671.47M348.61M254.86M
Gross Profit5.46M14.64M13.38M23.27M46.35M43.83M
EBITDA-20.90M-15.33M-11.45M-12.99M18.47M24.66M
Net Income-25.64M-17.94M-6.31M-21.57M11.59M16.99M
Balance Sheet
Total Assets282.40M280.61M337.69M368.19M369.37M320.90M
Cash, Cash Equivalents and Short-Term Investments98.84M91.16M146.05M179.01M134.83M114.58M
Total Debt1.92M3.48M5.82M2.46M2.50M3.03M
Total Liabilities42.48M45.71M64.38M80.27M64.14M33.22M
Stockholders Equity245.89M240.85M278.41M282.57M302.63M287.12M
Cash Flow
Free Cash Flow-37.58M-32.82M-39.11M-774.00K22.23M-92.41M
Operating Cash Flow-35.98M-31.23M-38.86M-40.00K22.90M-91.03M
Investing Cash Flow-16.10M1.94M612.00K39.84M-3.10M-1.57M
Financing Cash Flow-25.20M-23.61M-3.80M-1.57M908.00K2.53M

Golden Faith Group Holdings Limited Technical Analysis

Technical Analysis SentimentNeutral
Last Price0.68

Price Trends

50DMA0.76Negative
100DMA0.75Negative
200DMA0.58Positive

Market Momentum

MACD-0.02Negative
RSI43.25Neutral
STOCH61.96Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2863, the sentiment is Neutral. The current price of 0.68 is below the 20-day moving average (MA) of 0.72, below the 50-day MA of 0.76, and above the 200-day MA of 0.58, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 43.25 is Neutral, neither overbought nor oversold. The STOCH value of 61.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:2863.

Golden Faith Group Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

HK:2863 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:0240HK:024084OutperformHKD 1.73B3.7615.72%12.19%-12.79%-0.62%
HK:3311HK:331174OutperformHKD 45.85B5.3610.83%7.08%-14.20%-12.79%
HK:0687HK:068771OutperformHKD 1.08B23.194.18%18.75%-18.58%-27.75%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
HK:1903HK:190348NeutralHKD 992.50M-935.39-0.44%―4.76%-144.68%
HK:2863HK:286348NeutralHKD 482.66M-18.23-10.53%4.29%-38.46%-509.52%
HK:2262HK:226242NeutralHKD 370.96M31.253.68%―4.28%25.30%

* Industrials Sector Average

Performance Comparison

-50%0%50%100%150%HK:2863HK:0240HK:3311HK:1903HK:2262HK:0687Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:2863 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:2863Golden Faith Group Holdings Limited0.700.3391.78%
HK:0240Build King Holdings1.390.042.89%
HK:3311China State Construction International Holdings 8.680.192.19%
HK:1903JBB Builders International Ltd.1.990.2010.89%
HK:2262Steve Leung Design Group Limited0.33-0.78-70.45%
HK:0687Tysan Holdings Limited0.320.0517.65%

Golden Faith Group Holdings Limited Corporate Events

Golden Faith Group Clarifies Board Resignations as Personal Decisions

Oct 2, 2026

Golden Faith Group Holdings Limited has announced changes to its senior leadership, clarifying the reasons behind the resignation of an executive director who also stepped down as chairman and the departure of an independent non-executive director. T...

Golden Faith Group Announces Sweeping Board and Management Changes

Sep 30, 2026

Golden Faith Group Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, is governed by a board of executive and independent non-executive directors supported by audit, risk management, remuneration and nomination committees....

Golden Faith Group Updates Board and Committee Structure

Sep 30, 2026

Golden Faith Group Holdings Limited, incorporated in the Cayman Islands and traded in Hong Kong under stock code 2863, has a board structure combining executive and independent non-executive directors to supervise its operations. The company deploys...

Golden Faith Chairman Sells Entire Stake, Reshaping Shareholder Structure

Sep 3, 2026

Golden Faith Group Holdings Limited announced that its Chairman and executive director, Mr. Ko Chun Hay Kelvin, has completed the placing of his entire 17.34% stake in the company’s issued share capital. The shares were placed through an indepe...

Golden Faith Group Sets Out Board and Committee Structure

Aug 18, 2026

Golden Faith Group Holdings Limited has detailed the composition of its board of directors, confirming the mix of executive and independent non-executive members and their respective leadership roles. The chairman role is held by Mr. Ko Chun Hay Kelv...

Golden Faith Group Adds Veteran Finance Executive to Board

Aug 17, 2026

Golden Faith Group Holdings Limited has appointed Mr. Tian Shisheng, a seasoned professional with over two decades of experience in telecommunications, internet and financial services, as an executive director effective 18 August 2026. Tian’s b...

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: Oct 29, 2026