8360—56

Basic House New Life Group Ltd

HomebuildingVerified

Score breakdown

Profitability+3Sentiment+27Risk penalty-3Missing signals-4

Quality breakdown

Key fields100Profile38Conclusion96AI synthesis40Observations3

Basic House New Life Group Ltd reports a negative equity position of HKD -41.94 million and a debt-to-equity ratio of -3.72, indicating a highly leveraged capital structure with liabilities exceeding assets [doc:HA-latest]. The current ratio of 1.64 suggests moderate short-term liquidity, but the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints [doc:HA-latest]. The company's profitability is weak, with a net loss of HKD -32.54 million and an operating loss of HKD -3.85 million. Return on equity is 77.59%, but this is misleading due to the negative equity base. Return on assets is -2.23%, well below the typical performance of the Homebuilding industry, which is characterized by higher asset efficiency and positive returns [doc:HA-latest]. Revenue is concentrated across two segments: Design and Fit Out Services and Securities Investment. The Design and Fit Out Services segment is the primary revenue driver, but the company's exposure to the securities market introduces volatility. No geographic breakdown is available, but the company's operations are likely concentrated in Hong Kong given its listing and business focus [doc:HA-latest]. The company's growth trajectory is uncertain. Revenue for the latest period is HKD 79.41 million, but no prior-year data is provided to assess year-over-year growth. The outlook for the current and next fiscal years is not quantified, but the negative net income and operating loss suggest a challenging operating environment [doc:HA-latest]. The risk assessment highlights medium liquidity risk and low dilution risk. The company's negative equity and high leverage increase the risk of insolvency, but no dilutive events are currently flagged. The valuation adjustments applied in custom_valuations do not indicate material changes to the company's financial position [doc:HA-latest]. Recent filings and transcripts are not provided in the input data, so no specific events can be cited. However, the company's financial performance and leverage suggest a need for close monitoring of its liquidity and capital structure [doc:HA-latest].

Profile

CompanyBasic House New Life Group Ltd

Ticker8360.HK

SectorConsumer Cyclicals

BusinessCyclical Consumer Products

Industry groupCyclical Consumer Products

IndustryHomebuilding

AI analysis

Business. Basic House New Life Group Ltd provides interior design and fit-out solutions through its Design and Fit Out Services segment and invests in equity securities listed in Hong Kong through its Securities Investment segment [doc:HA-latest].

Classification. The company is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Homebuilding industry with a confidence level of 0.92 [doc:verified market data].

Key takeaways

The company is highly leveraged with a negative equity position and a debt-to-equity ratio of -3.72.
Profitability is weak, with a net loss of HKD -32.54 million and an operating loss of HKD -3.85 million.
Revenue is concentrated in two segments, with no geographic diversification disclosed.
Liquidity is moderate, but the company's net cash position is negative after subtracting total debt.
The company's growth trajectory is unclear due to the lack of prior-year revenue data.
--
## RATIONALES
```json

Financial snapshot

PeriodHA-latest

CurrencyHKD

Revenue$79.4M

Gross profit$18.8M

Operating income-$3.8M

Net income-$32.5M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow—

CapEx—

Free cash flow—

Total assets$145.8M

Total liabilities$187.7M

Total equity-$41.9M

Cash & equivalents—

Long-term debt$155.9M

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodOCFCapExFCFSBC

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodOCFCapExFCFSBC

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book-$41.9M

Net cash-$155.9M

Current ratio1.6

Debt/Equity-3.7

ROA-22.3%

ROE77.6%

Cash conversion—

CapEx/Revenue—

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Homebuilding · cohort 59 companies

Metric8360Activity

Op margin-4.8%10.6% medp25 10.6% · p75 10.6%bottom quartile

Net margin-41.0%13.0% medp25 13.0% · p75 13.0%bottom quartile

Gross margin23.7%23.5% medp25 16.6% · p75 39.1%above median

CapEx / revenue—-0.6% medp25 -4.4% · p75 -0.2%

Debt / equity-372.0%44.6% medp25 5.0% · p75 81.7%bottom quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-03 16:27 UTC#53ff2620

Source: analysis-pipeline (hybrid)Generated: 2026-05-03 16:29 UTCJob: 1b2ceebf