1. Hong Kong Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
Analogue Holdings Limited

Analogue Holdings Limited

HHKEX:1977
0.92
HKD
+0.01
(+0.55%)
1.29BMarket Cap
Analogue Holdings Limited
HKEX:1977
(Hong Kong Exchange)

Recent

price

0.92

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
HKD
3.15
3.55
4.26
3.69
3.66
3.83
4.66
4.4
4.65
4.35
- -
Revenue per Share
0.09
0.31
0.23
0.2
0.22
0.22
0.08
0.18
0.1
0.12
- -
Basic EPS, GAAP
-0.02
0.26
0.4
-0.02
0.28
0.13
0.3
0.04
-0.01
0.28
- -
Free Cash Flow per Basic Share
- -
0.14
0.29
0.13
0.09
0.11
0.12
0.13
0.03
0.05
- -
Dividend per Share
1.11
1.32
0.86
1.26
1.41
1.52
1.47
1.52
1.57
1.66
1.66
Book Value per Share
1.11
1.32
0.86
1.25
1.41
1.52
1.47
1.52
1.57
1.66
1.66
Tangible Book Value per Share
1,400
1,400
1,400
1,216
1,400
1,397
1,389
1,392
1,387
1,399
1,399
Basic Weighted Avg Shares
4,412
4,965
5,966
4,482
5,125
5,351
6,475
6,133
6,450
6,088
- -
Sales/Revenue/Turnover
4.24
8.68
6.02
6.01
6.48
4.99
5.3
2.52
4.54
4.61
- -
Operating Margin (%)
30
28
16
35
69
67
61
69
71
72
- -
Depreciation Expense
121
434
315
245
301
314
115
252
135
167
- -
Net Income, GAAP
23.88
14.75
15.88
16.47
11.29
17.04
35.08
4.27
21.88
22.94
- -
Effective Tax Rate (%)
2.74
8.73
5.28
5.47
5.88
5.87
1.77
4.1
2.1
2.74
- -
Profit Margin (%)
883
1,070
829
1,381
1,356
1,096
1,106
991
1,067
1,148
1,148
Working Capital
19
11
- -
21
42
324
316
257
347
245
245
LT Debt
1,558
1,852
1,207
1,762
1,974
2,130
2,063
2,129
2,195
2,319
2,319
Total Equity
- -
20.23
17.77
14.8
14.48
11.05
4.27
10.56
5.65
7.59
- -
Return on Invested Capital (%)
- -
24.62
20.28
16.42
15.72
14
4.95
10.81
5.71
6.83
- -
Return on Capital (%)
- -
25.43
20.62
16.51
16.13
15.32
5.46
12.01
6.26
7.4
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
261
235
38
LT Borrowings
327
227
219
LT Finance Leases
21
28
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,400
1,400
1,400
Market Capitalization
1,246
1,106
1,288

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
3,699
3,764
3,719
Cash, Cash Equivalents & STI
1,036
1,140
1,021
Accounts Receivable, Net
817
799
819
Inventories
82
84
87
Total Current Liabilities
2,633
2,715
2,572
Payables & Accruals
- -
- -
- -
ST Debt
261
235
38
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.35%
5.65%
Free Cash Flow
- -
-883.19%
-4,295.14%
Net Income, GAAP
- -
7.51%
23.49%
Sales/Revenue/Turnover
- -
3.94%
-5.62%
Total Cash Common Dividend
- -
0.84%
37.33%

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
6,133
2024
- -
- -
6,450
2025
- -
- -
6,088

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.18
2024
- -
- -
0.1
2025
- -
- -
0.12

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.13
2024
- -
- -
0.03
2025
- -
- -
0.05
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Business
Analogue Holdings Ltd. engages in the provision of electrical and mechanical engineering services. It operates through the following segments: Building Services, Environmental Engineering, Information, Communication, and Building Technology, and Lift and Escalators. The Building Services segment provides design, installation, testing and commissioning, and maintenance of heating, ventilation, and air conditioning system, fire service system, plumbing and drainage system, and electrical and extra low voltage system. The Environmental Engineering segment offers solutions for the design, construction, operation, and maintenance of environmental engineering systems for treatment of sewage, water, solid waste, sludge, and gas. The ICBT segment includes solutions for the design, hardware and software development, installation, and maintenance of infrastructure communications and security and access systems. The Lift and Escalators segment consists of the design, supply, installation, repair, and maintenance services for lifts and escalators. The company was founded by Lok To Poon in 1977 and is headquartered in Hong Kong.