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1298.HK HKEX Construction Supplies & Fixtures

1298.Hk

HK$0,95
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1D5D1M3M6MYTD1Y5YMax
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Mcap
261,7M HKD
P/E
EV / Rev
Div yield
Op margin
1,6 %
ROE
-0,5 %
Net margin
-0,2 %
Debt / equity
0,86
Beta
52w range
Volume
Day range
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Next earnings
Ex-dividend
TR 1Y
About

1298.HK operates in the construction supplies and fixtures industry, providing products and services related to construction materials and infrastructure development.

Business. 1298.HK operates in the construction supplies and fixtures industry, providing products and services related to construction materials and infrastructure development.

Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Products
IndustryConstruction Supplies & Fixtures
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-0,5 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 1298.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 1298.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    1298.HK operates in the construction supplies and fixtures industry, providing products and services related to construction materials and infrastructure development.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorCyclical Consumer Products
    IndustryConstruction Supplies & Fixtures
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a debt-to-equity ratio of 0.86, indicating a moderate reliance on debt financing. Its liquidity position is assessed as medium, with a current ratio of 1.47, suggesting the company has sufficient short-term assets to cover its short-term liabilities, but not with a large margin of safety. The price-to-book ratio of 1.36 implies that the market value of the company is slightly above its book value, while the price-to-tangible-book ratio is the same, indicating no significant intangible assets affecting the valuation.

    Profitability metrics show a return on equity of -0.0053 and a return on assets of -0.002, both negative, which indicates that the company is not generating returns for its shareholders or effectively utilizing its assets to generate profit. The operating income of 6,199,000 HKD is significantly lower than the gross profit of 24,571,000 HKD, suggesting high operating expenses or inefficiencies in the company's operations.

    The company's revenue is concentrated in a single segment, as no specific segments are disclosed, and there is no geographic breakdown provided. This lack of diversification could pose a risk if the company's primary market experiences a downturn. The company's total revenue is 392,673,000 HKD, with a net income of -898,000 HKD, indicating a net loss for the period.

    The company's growth trajectory is uncertain, as the net loss and negative returns on equity and assets suggest a lack of profitability. The company's market cap is 228,612,710 HKD, and the market price is 0.83 HKD per share, which is below the book value per share. The company's risk assessment indicates a medium liquidity risk and a low dilution risk, but the key flag of negative net cash after subtracting total debt is a concern.

    Recent events and filings do not provide specific details, but the company's financial performance, as indicated by the net loss and negative returns, suggests potential challenges in maintaining profitability and liquidity. The company's long-term debt of 144,020,000 HKD and total liabilities of 282,049,000 HKD indicate a significant debt burden that could impact its financial flexibility.

    Key takeaways
    • The company has a moderate debt-to-equity ratio of 0.86, indicating a balanced capital structure.
    • The company is currently unprofitable, with a net loss of 898,000 HKD and negative returns on equity and assets.
    • The company's liquidity position is medium, with a current ratio of 1.47, suggesting it can cover its short-term liabilities but with limited margin.
    • The company's market price is below the book value per share, indicating potential undervaluation or financial distress.
    • The company's revenue is concentrated in a single segment, which could increase its exposure to market-specific risks.
    • The company has a significant long-term debt burden, which could impact its financial flexibility and increase its risk profile.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,95
    Market cap
    HK$228.6M
    Enterprise value
    HK$372.6M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    1.4x
    P / Tangible book
    1.4x
    Tangible book
    HK$168.4M
    Net cash
    -HK$144.0M
    Current ratio
    1.5
    Debt / equity
    0.9
    ROA
    -0.2%
    ROE
    -0.5%
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin1,6 %Below median
    Net Margin-0,2 %Below median
    ROE-0,5 %Below median
    D/E0,86Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • 1298.HK Market data — financials · 2026-05-26
    • Yunnan Energy International Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Leadership

    • Xiangwei HuExecutive Chairman of the Board
    • Yingxue ZhuChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    1298.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage