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SEM Holdings Limited (HK:9929)
:9929
Hong Kong Market
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SEM Holdings Limited (9929) AI Stock Analysis

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HK:9929

SEM Holdings Limited

(9929)

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Outperform 70 (OpenAI - 4o)
Rating:70Outperform
Price Target:
HK$0.00
▼(-100.00% Downside)
SEM Holdings Limited's overall stock score is driven by a strong balance sheet and positive technical momentum. The main concerns are the significant revenue decline and negative cash flows. The stock's valuation is reasonable, but the overbought technical indicators suggest caution.

SEM Holdings Limited (9929) vs. iShares MSCI Hong Kong ETF (EWH)

SEM Holdings Limited Business Overview & Revenue Model

Company DescriptionSEM Holdings Limited (9929) is a diversified investment holding company primarily engaged in the provision of integrated solutions and services across various sectors, including technology, telecommunications, and financial services. The company focuses on developing innovative products and services that enhance operational efficiency and drive digital transformation for its clients. SEM Holdings is dedicated to leveraging advanced technologies to deliver tailored solutions that meet the evolving needs of businesses in a rapidly changing market landscape.
How the Company Makes MoneySEM Holdings generates revenue through several key streams, including the sale of technology solutions, telecommunications services, and financial advisory services. The company partners with leading technology firms to provide cutting-edge software and hardware solutions, often on a subscription or licensing basis, which contributes significantly to its revenue. Additionally, SEM Holdings offers consulting and implementation services that help clients adopt new technologies effectively. Significant partnerships with industry leaders enhance its service offerings and market reach, further driving revenue growth. The company also invests in emerging technologies and startups, potentially earning returns on investments as these entities grow and succeed.

SEM Holdings Limited Financial Statement Overview

Summary
SEM Holdings Limited shows a mixed financial performance. Profitability and operational efficiency have improved, with positive net income and better margins. However, the significant revenue decline and negative cash flows are concerning. The strong balance sheet with low leverage provides stability.
Income Statement
65
Positive
SEM Holdings Limited has shown a significant improvement in profitability with a positive net income in 2024 compared to a loss in 2023. The gross profit margin improved to 25.65% from 7.54%, indicating better cost management. However, the revenue has decreased substantially by 64.56%, which is a concern for future growth. The EBIT and EBITDA margins have turned positive, showing operational improvements.
Balance Sheet
78
Positive
The company maintains a strong equity position with an equity ratio of 82.66%, indicating financial stability. The debt-to-equity ratio is low at 0.03, suggesting minimal leverage risk. The return on equity improved to 1.79% from a negative position, reflecting better profitability. Overall, the balance sheet is robust with a strong equity base and low debt levels.
Cash Flow
55
Neutral
The cash flow situation has deteriorated with a negative operating cash flow in 2024, compared to a positive cash flow in 2023. The free cash flow has also turned negative, indicating potential liquidity challenges. The company needs to improve its cash generation from operations to support its financial health.
BreakdownTTMDec 2024Dec 2023
Income Statement
Total Revenue62.36M91.71M258.89M
Gross Profit25.30M23.52M19.51M
EBITDA13.07M6.65M-5.09M
Net Income11.46M3.80M-7.97M
Balance Sheet
Total Assets244.92M257.60M259.91M
Cash, Cash Equivalents and Short-Term Investments112.58M72.13M56.05M
Total Debt5.66M6.09M6.91M
Total Liabilities31.75M44.66M50.77M
Stockholders Equity213.16M212.94M209.14M
Cash Flow
Free Cash Flow-10.13M-1.63M14.79M
Operating Cash Flow-10.09M-1.44M15.10M
Investing Cash Flow12.02M23.45M3.04M
Financing Cash Flow0.00-1.76M-2.00M

SEM Holdings Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.07
Price Trends
50DMA
0.07
Positive
100DMA
0.07
Positive
200DMA
0.06
Positive
Market Momentum
MACD
<0.01
Negative
RSI
78.38
Negative
STOCH
77.27
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9929, the sentiment is Positive. The current price of 0.07 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 78.38 is Negative, neither overbought nor oversold. The STOCH value of 77.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9929.

SEM Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
HK$152.00M13.335.52%
$10.79B15.437.44%2.01%2.89%-14.66%
HK$168.00M-47.66%-34.70%-388.24%
HK$137.60M18.492.66%6.86%-8.76%22.37%
HK$136.66M-68.45%62.98%67.20%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:9929
SEM Holdings Limited
0.08
0.03
60.00%
HK:1741
Ri Ying Holdings Ltd.
0.19
0.14
280.00%
HK:1793
Wecon Holdings Ltd.
0.18
0.05
38.46%
HK:1920
Hands Form Holdings Limited
0.42
-0.50
-54.35%
HK:2266
Lai Si Enterprise Holding Ltd.
0.36
0.13
56.52%
HK:0589
Jianzhong Construction Development Limited
0.19
0.00
0.00%

SEM Holdings Limited Corporate Events

Executive Director Resignation at SEM Holdings Limited
Oct 10, 2025

SEM Holdings Limited, a company listed on the Hong Kong Stock Exchange, announced the resignation of Mr. Yu Chi Kwan from his position as an executive director, effective October 10, 2025. Mr. Yu is stepping down to focus on personal commitments and family, with no disagreements with the board or issues requiring shareholder attention. The board expressed gratitude for Mr. Yu’s contributions during his tenure.

SEM Holdings Limited Announces Board Composition and Roles
Oct 10, 2025

SEM Holdings Limited, a company incorporated in the Cayman Islands, has announced the composition of its board of directors and their respective roles within the organization. This announcement includes the appointment of executive, non-executive, and independent non-executive directors, along with their committee memberships. The board’s structure is designed to enhance governance and strategic oversight, potentially impacting the company’s decision-making processes and stakeholder relations positively.

SEM Holdings Limited Issues Supplemental Announcement on Share Option Scheme
Oct 6, 2025

SEM Holdings Limited, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, has issued a supplemental announcement to its 2024 Annual Report. The company has provided additional details regarding its share option scheme, including the exercise period, vesting period, and payment terms for options granted. This announcement does not alter any other information in the Annual Report, ensuring stakeholders that the core financial and operational data remain unchanged.

SEM Holdings Limited Reports Interim Financial Results for 2025
Aug 28, 2025

SEM Holdings Limited, incorporated in the Cayman Islands, announced its unaudited interim results for the six months ending June 30, 2025. The company reported a significant decrease in revenue from HK$50,889,000 in 2024 to HK$21,545,000 in 2025. Despite the drop in revenue, SEM Holdings achieved a gross profit of HK$3,784,000, up from HK$2,005,000 the previous year. The company also reported a profit before taxation of HK$535,000 compared to a loss of HK$7,466,000 in 2024, indicating a positive turnaround in its financial performance.

SEM Holdings Limited Announces Positive Profit Alert for H1 2025
Aug 21, 2025

SEM Holdings Limited, a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, has announced a positive profit alert. The company anticipates a net profit of up to HK$0.3 million for the first half of 2025, a significant turnaround from a net loss of approximately HK$7.4 million in the same period of 2024. This improvement is attributed to increased gross profit margins and the reversal of impairment losses due to the collection of long outstanding contract assets and trade receivables. The interim results are still being finalized and are expected to be published in August 2025.

SEM Holdings to Review Interim Results and Dividend
Aug 18, 2025

SEM Holdings Limited has announced that its board of directors will meet on 28 August 2025 to consider and potentially approve the unaudited interim results for the first half of 2025 and determine any interim dividend. This meeting is significant as it will provide insights into the company’s financial health and strategic direction, impacting shareholders and market perception.

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, 2025