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Smart City Development Holdings Limited (HK:8268)
:8268
Hong Kong Market

Smart City Development Holdings Limited (8268) AI Stock Analysis

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HK

Smart City Development Holdings Limited

(8268)

44Neutral
Smart City Development Holdings Limited faces significant financial difficulties, with negative cash flows and ongoing losses posing substantial risks. Technical analysis suggests a bearish trend, and valuation metrics highlight concerns over profitability. The stock's potential for recovery hinges on reversing these negative trends and improving financial health.

Smart City Development Holdings Limited (8268) vs. S&P 500 (SPY)

Smart City Development Holdings Limited Business Overview & Revenue Model

Company DescriptionSmart City Development Holdings Limited, an investment holding company, operates as a contractor in the building industry in Hong Kong, the People's Republic of China, and Macau. It operates through four segments: Construction Business, Securities Investment, Property Investment Business, and Money Lending Business. The Construction Business segment undertakes building construction works; electrical and mechanical engineering works; and alteration, addition, renovation, refurbishment, and fitting-out works, as well as provides decoration engineering services. The Securities Investment segment invests in long term and short term marketable securities. The Property Investment segment invests in, acquires, and rents properties. The Money Lending Business segment engages in the money lending activities. The company was formerly known as Deson Construction International Holdings Limited and changed its name to Smart City Development Holdings Limited in September 2020. Smart City Development Holdings Limited was founded in 1988 and is headquartered in Kwun Tong, Hong Kong.
How the Company Makes MoneySmart City Development Holdings Limited generates revenue through its core business operations in the construction and engineering sectors. The company earns money primarily by undertaking construction contracts for both private and public sector projects. Revenue streams include fees from building construction, maintenance services, and renovation projects. The company may also engage in strategic partnerships or collaborations with government entities and private developers to secure contracts and expand its project portfolio, which contributes to its earnings.

Smart City Development Holdings Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
435.08M323.70M324.90M617.77M627.53M
Gross Profit
24.51M33.57M49.88M48.90M34.94M
EBIT
-18.75M-9.61M13.39M3.36M-1.46M
EBITDA
-16.54M-6.56M19.39M12.17M-1.08M
Net Income Common Stockholders
-20.36M-10.97M15.34M9.86M-3.22M
Balance SheetCash, Cash Equivalents and Short-Term Investments
84.75M98.59M86.34M90.88M139.91M
Total Assets
333.04M322.41M299.81M390.13M388.03M
Total Debt
7.05M10.08M1.80M12.57M8.51M
Net Debt
-51.24M-49.26M-65.54M-49.40M-99.18M
Total Liabilities
204.11M171.47M169.44M284.40M291.01M
Stockholders Equity
128.93M150.94M130.37M116.88M106.18M
Cash FlowFree Cash Flow
-18.29M-21.77M41.78M-35.92M47.45M
Operating Cash Flow
-17.10M-21.68M46.77M-21.15M67.60M
Investing Cash Flow
10.01M201.00K-15.02M-68.31M1.56M
Financing Cash Flow
-3.08M38.92M-10.88M2.91M-37.06M

Smart City Development Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.66
Price Trends
50DMA
0.69
Negative
100DMA
0.92
Negative
200DMA
0.71
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
45.81
Neutral
STOCH
52.75
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8268, the sentiment is Negative. The current price of 0.66 is above the 20-day moving average (MA) of 0.58, below the 50-day MA of 0.69, and below the 200-day MA of 0.71, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.81 is Neutral, neither overbought nor oversold. The STOCH value of 52.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8268.

Smart City Development Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
$4.38B12.035.25%249.91%4.11%-11.02%
44
Neutral
HK$190.08M-17.62%17.34%-107.68%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8268
Smart City Development Holdings Limited
0.60
0.30
100.00%
CCOHF
China State Construction International Holdings
1.13
0.11
10.78%
CRGGF
China Resources Gas Group
2.79
-0.71
-20.29%
DE:6MT
Metallurgical Corporation of China Ltd. Class H
0.16
-0.02
-11.11%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.