Want to see HK:8402 full AI Analyst Report?
Top Page
GT Steel Construction Group Limited
(8402)
Select Model
Select Model
Rating:51Neutral
Price Target:
HK$0.12
▼(-13.57% Downside)
Action:Reiterated
Date:10/03/26
The score is held back primarily by weak financial performance—loss-making operations, negative margins/ROE, and thin/uneven cash conversion—despite improving revenue and gross margin. Technicals are the main positive, with the stock trading above key moving averages and a positive MACD, but RSI is near overbought levels. Valuation is constrained by negative earnings (negative P/E) and no dividend data.
Positive Factors
Revenue and gross-margin recovery
The strong rebound in revenue and gross margin indicates improved project economics and pricing compared with the prior period. If maintained, this recovery can strengthen the company’s ability to absorb project costs, support reinvestment, and provide a foundation for eventual earnings improvement.
Negative Factors
Recurring losses and negative margins
The company remains loss-making despite the revenue rebound, showing that improved activity has not yet translated into sustainable earnings. Persistently negative operating and net margins can weaken capital accumulation, constrain investment, and leave results vulnerable to execution or pricing pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and gross-margin recovery
The strong rebound in revenue and gross margin indicates improved project economics and pricing compared with the prior period. If maintained, this recovery can strengthen the company’s ability to absorb project costs, support reinvestment, and provide a foundation for eventual earnings improvement.
Read all positive factors
GT Steel Construction Group Limited (8402) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$57.60M
Dividend YieldN/A
Average Volume (3M)69.00K
Price to Earnings (P/E)―
Beta (1Y)0.22
Revenue Growth-1.48%
EPS Growth69.34%
CountryHK
Employees125
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding480,010,000
10 Day Avg. Volume72,500
30 Day Avg. Volume69,000
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)2.14
Price to Sales (P/S)0.82
P/FCF Ratio20.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GT Steel Construction Group Limited Business Overview & Revenue Model
Company Description
GT Steel Construction Group Limited, an investment holding firm, provides end-to-end structural steel solutions throughout Singapore. Its expertise spans the design, procurement, fabrication, and installation of steel frameworks for a broad spectr...
How the Company Makes Money
The company makes money primarily by contracting for construction projects involving steel structures and related works. Revenue is generally recognized from customers under project-based contracts (e.g., based on work progress or completion, depe...
GT Steel Construction Group Limited Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
56
Neutral
Cash Flow
43
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.73M | 13.07M | 23.26M | 18.35M | 9.39M | 12.75M |
| Gross Profit | 2.48M | 71.44K | 4.01M | 3.06M | -2.98M | -5.51M |
| EBITDA | -1.38M | -3.58M | -702.28K | 234.79K | -5.10M | -7.86M |
| Net Income | -1.36M | -3.66M | -1.08M | -1.44M | -6.76M | -9.55M |
Balance Sheet | ||||||
| Total Assets | 14.82M | 13.19M | 16.20M | 18.63M | 18.01M | 25.17M |
| Cash, Cash Equivalents and Short-Term Investments | 388.55K | 1.31M | 1.59M | 3.24M | 4.70M | 5.64M |
| Total Debt | 2.72M | 2.86M | 2.42M | 3.83M | 3.72M | 4.91M |
| Total Liabilities | 10.08M | 8.18M | 7.51M | 8.89M | 6.86M | 7.25M |
| Stockholders Equity | 4.73M | 5.01M | 8.69M | 9.73M | 11.15M | 17.92M |
Cash Flow | ||||||
| Free Cash Flow | 449.64K | 529.41K | -1.45M | -766.63K | 847.26K | -1.37M |
| Operating Cash Flow | 102.15K | 599.91K | -1.37M | -684.50K | 967.84K | -1.06M |
| Investing Cash Flow | -182.30K | -63.79K | 996.40K | 111.37K | -118.69K | -310.59K |
| Financing Cash Flow | -479.60K | -781.64K | -1.33M | -892.83K | -1.71M | -649.63K |
GT Steel Construction Group Limited Technical Analysis
Positive
0.14
Price Trends
0.08
Positive
0.08
Positive
0.09
Positive
Market Momentum
<0.01
Negative
73.31
Negative
78.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8402, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.08, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 73.31 is Negative, neither overbought nor oversold. The STOCH value of 78.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8402.
GT Steel Construction Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | HK$689.74M | 6.27 | 7.76% | 7.55% | -35.49% | -32.38% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | HK$190.09M | 1.38 | 7.82% | 2.39% | -39.70% | -51.97% | |
51 Neutral | HK$57.60M | -7.08 | -28.01% | ― | -1.48% | 69.34% | |
50 Neutral | HK$8.01B | 16.50 | 5.64% | 1.93% | 7.88% | 16.03% | |
48 Neutral | HK$20.21B | -94.72 | -0.85% | 1.64% | 3.33% | 94.10% | |
44 Neutral | HK$13.30B | -3.90 | -18.85% | 6.49% | -6.57% | -6.67% |
* Basic Materials Sector Average
HK:8402
GT Steel Construction Group Limited
0.10
-0.01
-11.50%
HK:0323
Maanshan Iron & Steel Co
1.61
-1.15
-41.64%
HK:0826
Tiangong International Co. Ltd.
3.08
0.22
7.81%
HK:1053
Chongqing Iron & Steel Co., Ltd. Class H
0.85
-0.57
-40.07%
HK:1553
Maike Tube Industry Holdings Limited
1.59
0.14
9.66%
HK:1938
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.
0.18
-0.26
-58.41%
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.