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Phoenix Asia Holdings Ltd. (PHOE)
NASDAQ:PHOE
US Market
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Phoenix Asia Holdings Ltd. (PHOE) AI Stock Analysis

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PHOE

Phoenix Asia Holdings Ltd.

(NASDAQ:PHOE)

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Neutral 45 (OpenAI - Gpt-5.6Sol)
Rating:45Neutral
Price Target:
$18.00
▼(-15.33% Downside)
Action:Reiterated
Date:08/19/26
The score is primarily held down by a severe recent fundamental reversal—large revenue decline, a swing to losses, and materially negative operating/free cash flow—despite low leverage. Technicals are moderately supportive with the price above key moving averages and generally neutral momentum. Valuation is a major headwind due to the extremely high P/E and no stated dividend yield.
Positive Factors
Conservative leverage
Very low debt relative to equity reduces solvency pressure and interest burden, giving Phoenix Asia greater financial flexibility than a highly leveraged contractor. This cushion could help the company manage operating volatility and fund recovery efforts without immediate balance-sheet strain.
Negative Factors
Sharp revenue contraction
A revenue decline of nearly 59% represents a major deterioration in business activity rather than a modest slowdown. Sustained lower volume would reduce operating leverage, weaken the earnings base, and make it harder for Phoenix Asia to restore prior margins and cash-generation capacity.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Very low debt relative to equity reduces solvency pressure and interest burden, giving Phoenix Asia greater financial flexibility than a highly leveraged contractor. This cushion could help the company manage operating volatility and fund recovery efforts without immediate balance-sheet strain.
Read all positive factors

Phoenix Asia Holdings Ltd. (PHOE) vs. SPDR S&P 500 ETF (SPY)

Phoenix Asia Holdings Ltd. Business Overview & Revenue Model

Company Description
Phoenix Asia Holdings Limited, established in 2024, focuses on foundational construction projects across Hong Kong. The company's primary services include comprehensive ground preparation, geotechnical investigations, and the installation of struc...

Phoenix Asia Holdings Ltd. Financial Statement Overview

Summary
Recent fundamentals weakened sharply: 2026 revenue fell ~58.8% YoY and profitability flipped to a meaningful loss (net margin ~-16.7% vs +13.9% in 2025). Cash flow also deteriorated materially with deeply negative operating and free cash flow in 2026, raising near-term liquidity/working-capital risk. The key offset is a conservatively levered balance sheet with very low debt-to-equity, providing financial flexibility despite negative ROE driven by losses.
Income Statement
38
Negative
Balance Sheet
72
Positive
Cash Flow
27
Negative
BreakdownMar 2026Mar 2025Mar 2024Mar 2023
Income Statement
Total Revenue923.33K7.37M5.76M2.23M
Gross Profit42.24K2.18M1.48M565.26K
EBITDA-148.56K1.35M1.28M436.82K
Net Income-153.89K1.03M1.06M351.06K
Balance Sheet
Total Assets934.07K5.37M3.70M1.60M
Cash, Cash Equivalents and Short-Term Investments113.84K2.38M890.58K377.75K
Total Debt8.33K25.05K51.17K71.24K
Total Liabilities148.56K2.26M2.00M946.10K
Stockholders Equity785.51K3.11M1.71M651.96K
Cash Flow
Free Cash Flow-733.94K1.14M540.33K-79.72K
Operating Cash Flow-733.94K1.18M540.33K-57.11K
Investing Cash Flow0.00-41.09K6.41K-22.61K
Financing Cash Flow543.81K346.43K-33.91K-8.64K

Phoenix Asia Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price21.26
Price Trends
50DMA
21.93
Positive
100DMA
19.63
Positive
200DMA
18.19
Positive
Market Momentum
MACD
-0.38
Positive
RSI
54.46
Neutral
STOCH
20.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PHOE, the sentiment is Positive. The current price of 21.26 is above the 20-day moving average (MA) of 20.88, below the 50-day MA of 21.93, and above the 200-day MA of 18.19, indicating a bullish trend. The MACD of -0.38 indicates Positive momentum. The RSI at 54.46 is Neutral, neither overbought nor oversold. The STOCH value of 20.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PHOE.

Phoenix Asia Holdings Ltd. Risk Analysis

Phoenix Asia Holdings Ltd. disclosed 51 risk factors in its most recent earnings report. Phoenix Asia Holdings Ltd. reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Phoenix Asia Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
$775.67M11.6213.43%2.86%1.79%36.42%
63
Neutral
$752.93M134.551.31%10.50%
62
Neutral
$961.43M21.276.19%1.51%1.26%
62
Neutral
$622.15M18.355.86%0.26%-22.34%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
50
Neutral
$177.86M-0.34-1054.21%-8.13%-44.66%
45
Neutral
$402.41M-743.25-29.15%-2.37%-216.39%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
PHOE
Phoenix Asia Holdings Ltd.
22.00
13.50
158.82%
APOG
Apogee
37.43
-3.70
-8.99%
NX
Quanex
20.98
5.97
39.73%
JELD
JELD-WEN
2.05
-4.20
-67.20%
JBI
Janus International Group
4.45
-5.94
-57.17%
SWIM
Latham Group
6.27
-1.47
-18.99%
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: Aug 19, 2026