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Companies Industrials 1870.HK
18
1870.HK HKEX Heavy Machinery & Vehicles

1870.Hk

HK$0,43
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1D5D1M3M6MYTD1Y5YMax
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Mcap
P/E
EV / Rev
Div yield
Op margin
-32,0 %
ROE
-36,2 %
Net margin
-33,2 %
Debt / equity
0,37
Beta
52w range
Volume
Day range
Prev close
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Next earnings
Ex-dividend
TR 1Y
About

1870.HK is a heavy machinery and vehicle manufacturer operating in the industrial goods sector, primarily generating revenue through the production and sale of construction and engineering equipment.

Business. 1870.HK is a heavy machinery and vehicle manufacturer operating in the industrial goods sector, primarily generating revenue through the production and sale of construction and engineering equipment.

Classification92 %
SectorIndustrials
Business sectorIndustrial Goods
IndustryHeavy Machinery & Vehicles
ActivityIndustrial Goods
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
-36,2 %
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 1870.
  • 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 1870.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

    1870.HK is a heavy machinery and vehicle manufacturer operating in the industrial goods sector, primarily generating revenue through the production and sale of construction and engineering equipment.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial Goods
    IndustryHeavy Machinery & Vehicles
    ActivityIndustrial Goods
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a relatively low debt-to-equity ratio of 0.37, indicating a conservative leverage position. It maintains a strong liquidity position with a current ratio of 2.8, supported by cash and equivalents of HKD 74.4 million. This liquidity provides a buffer against short-term obligations and supports operational flexibility.

    Profitability metrics are weak, with a negative return on equity of -36.2% and a return on assets of -19.45%. These figures indicate that the company is not generating returns for shareholders or effectively utilizing its asset base. The operating loss of HKD 47.3 million and net loss of HKD 49.1 million further underscore the company's current financial challenges.

    The company's revenue is concentrated in the industrial goods segment, with no disclosed geographic diversification. This lack of geographic segmentation suggests a potential concentration risk, as the company's performance is closely tied to a single market or region.

    The company's growth trajectory is uncertain, with no specific revenue growth projections provided. Historical financial data shows a decline in profitability, and without significant operational or strategic changes, the company may struggle to reverse its current performance.

    Risk factors include a low liquidity risk and low dilution potential, as no immediate filing-based liquidity or dilution flags were detected. The company's conservative capital structure and strong cash reserves mitigate short-term financial risks. However, the negative returns and operating losses highlight the need for strategic interventions to improve long-term viability.

    Recent events, including filings and transcripts, have not indicated any major operational or financial disruptions. The company's financial statements show a consistent pattern of losses, but there are no immediate signs of insolvency or significant external pressures.

    Key takeaways
    • The company has a strong liquidity position with a current ratio of 2.8 and HKD 74.4 million in cash and equivalents.
    • Profitability is severely negative, with a return on equity of -36.2% and a return on assets of -19.45%.
    • The company's revenue is concentrated in a single segment, indicating a potential concentration risk.
    • There are no immediate liquidity or dilution risks, but the company's financial performance requires strategic improvement.
    • The company's growth trajectory is uncertain, and without significant changes, it may struggle to reverse its current performance.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,43
    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$135.7M
    Net cash
    HK$23.6M
    Current ratio
    2.8
    Debt / equity
    0.4
    ROA
    -19.4%
    ROE
    -36.2%
    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 riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-32,0 %Bottom quartile
    Net Margin-33,2 %Bottom quartile
    ROE-36,2 %Bottom quartile
    D/E0,37Below median

    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
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Return On Assets
      net_income / total_assets
    Source documents
    • 1870.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
    1870.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