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Polyfair Holdings Ltd. (8532) AI Stock Analysis
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Polyfair Holdings Ltd.
(HKEX:8532)
The score is driven primarily by weak financial performance (large losses, negative equity, and inconsistent/negative cash flow) and bearish technicals (below major moving averages with very weak momentum). Valuation provides little support given loss-making earnings and no indicated dividend yield.
Polyfair Holdings Ltd. (8532) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 3.73M
- Dividend Yield
- ―
- Average Volume (3M)
- 578.13K
- Price to Earnings (P/E)
- -0.1
- Beta (1Y)
- 0.59
- Revenue Growth
- -58.43%
- EPS Growth
- 63.99%
- Country
- Hong Kong
- Employees
- 13
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Engineering & Construction
Polyfair Holdings Ltd. Business Overview & Revenue Model
Company Description
Polyfair Holdings Limited functions as an investment vehicle primarily involved in Hong Kong's construction industry. The company is particularly skilled in designing and delivering innovative façade systems and curtain wall solutions for both reside...
Polyfair Holdings Ltd. Financial Statement Overview
Summary
Weak financial condition: the income statement shows sharp deterioration (revenue down ~22% and net margin around -50% in 2026), the balance sheet is strained with deeply negative equity since 2025 and sizable debt (~93.3M), and cash flow has turned negative again (2026 operating cash flow ~-3.7M with negative free cash flow). Overall, this indicates elevated solvency and funding risk unless operations stabilize.
Income Statement
18Very NegativeBalance Sheet
12Very NegativeCash Flow
22Negative| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 152.62M | 98.77M | 237.59M | 427.34M | 330.71M | 362.09M |
| Gross Profit | -92.74M | -92.00K | -83.28M | 24.13M | 16.94M | 16.48M |
| EBITDA | -157.51M | -44.94M | -122.39M | 14.34M | 12.27M | 9.28M |
| Net Income | -167.72M | -49.55M | -133.07M | 1.24M | 3.02M | 2.66M |
Balance Sheet | ||||||
| Total Assets | 127.61M | 127.61M | 213.18M | 376.61M | 323.04M | 253.77M |
| Cash, Cash Equivalents and Short-Term Investments | 471.00K | 471.00K | 46.24M | 12.70M | 14.53M | 12.50M |
| Total Debt | 93.29M | 93.29M | 135.00M | 151.03M | 172.38M | 119.39M |
| Total Liabilities | 235.06M | 235.06M | 271.08M | 303.35M | 251.01M | 184.74M |
| Stockholders Equity | -107.45M | -107.45M | -57.90M | 73.26M | 72.03M | 69.03M |
Cash Flow | ||||||
| Free Cash Flow | -16.44M | -3.74M | 890.00K | 29.84M | -30.46M | -12.23M |
| Operating Cash Flow | -15.79M | -3.74M | 890.00K | 29.94M | -30.41M | -12.12M |
| Investing Cash Flow | -645.00K | 10.15M | 0 | 83.00K | -10.49M | -110.00K |
| Financing Cash Flow | 1.96M | -33.81M | -17.84M | -31.42M | 38.28M | 14.05M |
Polyfair Holdings Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8532, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 30.57 is Neutral, neither overbought nor oversold. The STOCH value of 24.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8532.
Polyfair Holdings Ltd. Peers Comparison
Overall Rating
HK:382274Outperform
HK:861657Neutral- HK:853243Neutral
HK:618938.4Underperform
HK:040634Underperform
HK:844533Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:3822 | 74Outperform | HKD 91.98M | 1.63 | 10.81% | 10.96% | -5.20% | 420.03% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:8616 | 57Neutral | HKD 86.00M | 15.64 | 3.13% | ― | 9.25% | ― |
| HK:8532 | 43Neutral | HKD 3.73M | -0.05 | 85.64% | ― | -58.43% | 63.99% |
| HK:6189 | 38Underperform | HKD 17.35M | -0.27 | 8.24% | ― | ― | ― |
| HK:0406 | 34Underperform | HKD 216.84M | -1.07 | -15.28% | ― | 13.50% | -106.11% |
| HK:8445 | 33Underperform | HKD 63.01M | -5.32 | -13.85% | ― | -36.27% | -4.08% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:8532 | Polyfair Holdings Ltd. | 0.04 | -0.20 | -81.67% | |
| HK:0406 | Yau Lee Holdings Limited | 0.49 | -0.20 | -29.29% | |
| HK:3822 | Sam Woo Construction Group Ltd. | 1.09 | 0.34 | 46.00% | |
| HK:6189 | Guangdong Adway Construction (Group) Holdings Co., Ltd. Class H | 0.07 | 0.00 | 0.00% | |
| 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% |
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 23, 2026