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Chi Ho Development Holdings Ltd
(8423)
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Rating:45Neutral
Price Target:
HK$0.05
▲(4.00% Upside)
Action:Reiterated
Date:10/24/26
The score is primarily weighed down by weakened financial performance—sharp revenue decline, larger losses, higher leverage, and negative FY2026 operating/free cash flow. Technicals are only modestly supportive with a short-term lift but longer-term trend still weak. Valuation provides limited offset due to negative earnings and no dividend yield data.
Positive Factors
Stable Asset Base
Relatively stable total assets provide some continuity in the company’s resource base despite recent losses and equity erosion. This may preserve operating capacity and offers a more durable foundation for recovery than a simultaneous contraction in assets and revenues.
Negative Factors
Revenue Collapse
A roughly 54% FY2026 revenue decline represents a major deterioration in business activity and weakens the scale on which fixed costs and overhead can be absorbed. Continued revenue pressure would make a return to sustainable profitability and cash generation more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable Asset Base
Relatively stable total assets provide some continuity in the company’s resource base despite recent losses and equity erosion. This may preserve operating capacity and offers a more durable foundation for recovery than a simultaneous contraction in assets and revenues.
Read all positive factors
Chi Ho Development Holdings Ltd (8423) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$40.00M
Dividend Yield5.1%
Average Volume (3M)240.33K
Price to Earnings (P/E)―
Beta (1Y)0.35
Revenue Growth-41.55%
EPS Growth-414.29%
CountryHK
Employees58
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)-0.12
Shares Outstanding800,000,000
10 Day Avg. Volume263,000
30 Day Avg. Volume240,333
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.44
Price to Sales (P/S)0.12
P/FCF Ratio-1.81
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
Chi Ho Development Holdings Ltd Business Overview & Revenue Model
Company Description
Chi Ho Development Holdings Limited functions as an investment holding entity primarily focused on providing a range of construction and property-related services in Hong Kong. The company's core offerings include comprehensive renovation and main...
How the Company Makes Money
null...
Chi Ho Development Holdings Ltd Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
42
Neutral
Cash Flow
35
Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 290.77M | 497.51M | 352.90M | 337.68M | 257.21M |
| Gross Profit | 10.95M | 31.57M | 40.54M | 42.72M | 34.29M |
| EBITDA | -14.63M | -4.31M | 18.58M | 22.07M | 13.70M |
| Net Income | -63.34M | -12.29M | 10.09M | 13.15M | 8.02M |
Balance Sheet | |||||
| Total Assets | 386.57M | 379.35M | 397.26M | 344.08M | 296.69M |
| Cash, Cash Equivalents and Short-Term Investments | 25.97M | 25.66M | 22.54M | 43.96M | 51.28M |
| Total Debt | 126.33M | 103.92M | 99.11M | 93.29M | 93.65M |
| Total Liabilities | 304.98M | 234.42M | 240.14M | 196.76M | 160.81M |
| Stockholders Equity | 81.59M | 144.93M | 157.12M | 147.31M | 135.88M |
Cash Flow | |||||
| Free Cash Flow | -19.88M | 37.84M | 8.09M | 5.43M | -25.26M |
| Operating Cash Flow | -19.86M | 37.99M | 8.63M | 5.57M | -18.50M |
| Investing Cash Flow | -11.76M | -34.27M | -30.72M | -6.53M | -6.62M |
| Financing Cash Flow | 17.24M | -597.00K | 666.00K | -6.36M | 43.07M |
Chi Ho Development Holdings Ltd Technical Analysis
Positive
0.05
Price Trends
0.05
Positive
0.05
Negative
0.05
Negative
Market Momentum
<0.01
Negative
53.14
Neutral
46.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8423, the sentiment is Positive. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.14 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8423.
Chi Ho Development Holdings Ltd Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$86.00M | 15.64 | 3.13% | 6.37% | 9.25% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
50 Neutral | HK$26.56M | 0.76 | 70.52% | ― | 3.74% | ― | |
45 Neutral | HK$40.00M | -0.42 | -92.07% | 5.10% | -41.55% | -414.29% | |
45 Neutral | HK$102.34M | -1.15 | -26.71% | ― | -51.29% | 43.87% | |
33 Underperform | HK$63.01M | -5.32 | -13.85% | ― | -36.27% | -4.08% |
* Industrials Sector Average
HK:8423
Chi Ho Development Holdings Ltd
0.05
<0.01
2.04%
HK:1413
Kwong Luen Engineering Holdings Limited
0.21
-0.22
-51.40%
HK:8217
Luen Wong Group Holdings Ltd.
0.09
-0.18
-66.79%
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%
HK:2433
Zhongtian Construction (Hunan) Group Limited
0.06
-0.04
-40.86%
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.