Hang Yick Holdings Company Limited

Hang Yick Holdings Company Limited

HHKEX:1894
0.60
HKD
+0.02
(+2.56%)
138.17MMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2.89
3.8
4.69
4.94
4.67
4.88
4.74
4.31
3.66
3.78
3.7
- -
Basic EPS, GAAP
0.69
0.9
1.23
0.44
0.29
-1.9
0.46
-0.51
-0.1
-0.48
-0.6
- -
Free Cash Flow per Basic Share
0.22
0.89
1.35
-0.27
-0.87
-0.01
0.22
0.6
-0.32
-1.12
0.41
- -
Dividend per Share
- -
0.56
0.56
0.92
0.14
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.32
1.65
2.32
5.68
5.78
4.06
4.53
3.96
3.73
2.81
0.86
0.86
Tangible Book Value per Share
1.21
1.55
2.22
5.59
5.73
4.03
4.53
3.96
3.73
2.81
0.86
0.86
Basic Weighted Avg Shares
42
42
42
37
43
43
43
43
43
50
48
50
Sales/Revenue/Turnover
123
161
199
182
200
210
204
185
157
188
178
- -
Operating Margin (%)
28.55
28.62
27.93
13.67
10.06
-2.66
8.38
2.2
-2.76
-9.33
-12.65
- -
Depreciation Expense
2
2
3
3
6
6
5
4
4
4
4
- -
Net Income, GAAP
29
38
52
16
12
-82
20
-22
-4
-24
-29
- -
Effective Tax Rate (%)
17
18.06
16.49
30.47
34.37
- -
16.01
39.79
- -
- -
- -
- -
Profit Margin (%)
23.97
23.59
26.22
8.83
6.11
-38.94
9.67
-11.74
-2.62
-12.81
-16.22
- -
Working Capital
33
48
82
227
144
117
138
148
132
117
172
172
LT Debt
1
1
- -
- -
- -
- -
- -
- -
- -
- -
1
1
Total Equity
56
70
99
244
246
140
162
170
160
145
198
198
Return on Invested Capital (%)
- -
49.54
53.92
8.35
4.05
- -
10.31
1.08
- -
- -
- -
- -
Return on Capital (%)
- -
57.21
59.88
8.6
5.33
- -
10.61
-14.05
- -
- -
- -
- -
Return on Common Equity (%)
- -
60.46
62
9.38
4.98
-38.66
10.68
-11.91
-2.5
-15.77
-16.9
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
2
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
51
51
230
Market Capitalization
27
29
138

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
138
134
206
Cash, Cash Equivalents & STI
31
46
116
Accounts Receivable, Net
63
16
48
Inventories
26
27
32
Total Current Liabilities
21
22
34
Payables & Accruals
- -
- -
- -
ST Debt
- -
2
1
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.24%
8.28%
36.69%
Free Cash Flow
-186.01%
-457.23%
-135.59%
Net Income, GAAP
-70.49%
17.6%
20.36%
Sales/Revenue/Turnover
4.83%
-2.54%
-4.96%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
157
2025
- -
- -
188
2026
- -
- -
178

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.1
2025
- -
- -
-0.48
2026
- -
- -
-0.6

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Kwok Chi Sin
Full Time Employees
400
Sector
Producer manufacturing
Industry
Building products
Address
Sunray Industrial Centre Hong Kong HK Hong Kong 415937
IPO Date
Oct 12, 2018
Business
Hang Yick Holdings Company Limited is an investment holding company principally engaged in the provision of steel and metal engineering services and the sale of steel and metal products. Its core products and services include the design, manufacture, supply, and installation of steel and metal products such as roller shutters and metal doors primarily for construction projects in Hong Kong and China. The company serves construction companies, contractors, and engineering firms on a project-by-project basis. Its revenue is derived from contracts mainly in Hong Kong, with limited operations in the People's Republic of China. Founded in 2018 and headquartered in the Cayman Islands, Hang Yick operates through subsidiaries that deliver these specialized engineering services. Recent major changes include the voluntary winding up and de-consolidation of its wholly-owned subsidiary HY China Investment Company Limited and its subsidiaries in 2023 due to management and operational issues, resulting in discontinuation of that business segment. In the fiscal year ended March 31, 2024, the company recorded a decrease in revenue to HK$157.2 million from HK$184.9 million the previous year, reflecting a 15% decline mainly due to reduced project scope and increased credit losses linked to industry instability. Despite the decrease, the company secured new contracts totaling HK$215 million during the year and maintains a strong order book with HK$321.7 million in contracts on hand. The company also repaid all bank borrowings by May 2023, improving its gearing ratio and maintaining a cash balance of approximately HK$63.6 million at the fiscal year-end. Hang Yick focuses on expanding its capacity through equipment acquisition and workforce growth to support future projects amid challenging market conditions in Hong Kong's construction industry.