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Companies Industrials 1408.HK
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1408.HK HKEX Construction & Engineering

1408.Hk

HK$0,37
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Mcap
P/E
EV / Rev
Div yield
0,46 %
Op margin
3,2 %
ROE
1,1 %
Net margin
2,8 %
Debt / equity
0,08
Beta
52w range
Volume
Day range
Prev close
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Next earnings
Ex-dividend
TR 1Y
About

The company operates in the construction and engineering industry, providing industrial and commercial services, and generates revenue primarily through project-based contracts and service delivery.

Business. The company operates in the construction and engineering industry, providing industrial and commercial services, and generates revenue primarily through project-based contracts and service delivery.

Classification92 %
SectorIndustrials
Business sectorIndustrial & Commercial Services
IndustryConstruction & Engineering
ActivityIndustrial & Commercial Services
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
1,1 %
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 1408.
  • 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+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 · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 1408.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

    The company operates in the construction and engineering industry, providing industrial and commercial services, and generates revenue primarily through project-based contracts and service delivery.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial & Commercial Services
    IndustryConstruction & Engineering
    ActivityIndustrial & Commercial Services
    AI synthesis
    GENERATED

    The company maintains a strong liquidity position, with a current ratio of 11.23, indicating a significant buffer of current assets over current liabilities. It holds substantial cash and equivalents of MOP 118.08 million, which supports its operational flexibility and short-term obligations. The debt-to-equity ratio is low at 0.08, suggesting a conservative capital structure with minimal reliance on debt financing.

    Profitability metrics show a return on equity (ROE) of 1.06% and a return on assets (ROA) of 0.92%, both below the typical thresholds for high-performing construction and engineering firms. The net income of MOP 2.18 million is relatively modest compared to the company's total assets of MOP 237.41 million, indicating room for improvement in asset utilization and profit generation.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification may expose the company to regional economic fluctuations and regulatory changes. The absence of segment-specific data limits the ability to assess the performance of different parts of the business.

    The company's growth trajectory appears stable, with a revenue of MOP 76.80 million in the latest reporting period. However, there is no disclosed growth in revenue or earnings compared to prior periods, and no specific guidance for the next fiscal year. The capital expenditure of MOP -20,000 suggests minimal investment in new projects or infrastructure, which may limit future growth potential.

    The company faces low liquidity and dilution risks, with no immediate filing-based flags detected. The low debt-to-equity ratio and high cash reserves reduce the likelihood of financial distress. Additionally, the number of shares outstanding remains unchanged between basic and diluted shares, indicating no near-term dilution pressure.

    There are no recent events or filings disclosed that would significantly impact the company's operations or financial position. The absence of notable events suggests a stable operating environment, but also limits visibility into strategic initiatives or external developments that could affect performance.

    Key takeaways
    • The company has a strong liquidity position with a high current ratio and substantial cash reserves.
    • Profitability metrics are below industry benchmarks, indicating potential inefficiencies in asset utilization.
    • The company's revenue is concentrated in a single segment, increasing exposure to regional and sector-specific risks.
    • Minimal capital expenditure suggests limited investment in growth, which may constrain long-term expansion.
    • The company faces low liquidity and dilution risks, with no immediate financial distress indicators.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,37
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    HK$205.1M
    Net cash
    HK$101.3M
    Current ratio
    11.2
    Debt / equity
    0.1
    ROA
    0.9%
    ROE
    1.1%
    Cash conversion
    1084.0%
    CapEx / revenue
    -0.0%
    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 riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin3,2 %Below median
    Net Margin2,8 %Below median
    ROE1,1 %Below median
    Capex / Rev-0,0 %Above P75
    D/E0,08Above median
    Cash Conv10,84Best in class

    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
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 1408.HK Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    1408.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    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