Alpha Professional Holdings Limited - 0948.HK

0948.HK Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
0948.HK	4.4	4.4	15.6	-13.3	-10.3	-16.1	-83.5	-82.1	-90.6	-99.3
S&P 500	0.8	1.7	2.8	4.2	9.6	25.7	38.3	83.6	195.5	34425.0

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	0948.HK
name	Alpha Professional Holdings Limited
price	0.26
changes percentage	4.4177
change	0.011
day low	0.26
day high	0.26
year high	0.8
year low	0.182
market cap	90812800
price avg 50	0.22604
price avg 200	0.276845
exchange	HKSE
volume	20000
avg volume	62590
open	0.26
previous close	0.249
eps	-0.08
pe	-3.25
earnings announcement	2024-11-29T10:59:00.000+0000
shares outstanding	349280000
timestamp	2025-01-22 06:39:32

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 49.0%

Overall Quarterly Financial Health: 66.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	96310000	363093000	-73.48
gross profit	4067000	42740000	-90.48
gross profit ratio	0.04	0.12	-64.13
research and development expenses	0	0	NaN
operating expenses	47993000	16820000	185.33
interest income	1000	2000	-50.00
interest expense	4448000	4665000	-4.65
ebitda	-43208000	2508000	-1822.81
ebitdaratio	-0.45	0.06	-811.90
operating income	-43926000	1745000	-2617.25
operating income ratio	-0.46	0.0	-9590.14
net income	-38321000	1315000	-3014.14
net income ratio	-0.4	0.0	-11086.45
eps	-0.11	-0.01	-1011.11

Overall Score of Annual Income Statement

0.14 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 96 million in 2023 from 363 million in 2022 representing a change of -73.48%. This indicates a sales growth, which is a positive sign for the company.

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 4 million in 2023 from 43 million in 2022 representing a change of -90.48%. This indicates a sales profitability decline, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 48 million in 2023 from 17 million in 2022 representing a change of 185.33%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -43 million in 2023 from 3 million in 2022 representing a change of -1822.81%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to -44 million in 2023 from 2 million in 2022 representing a change of -2617.25%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to -38 million in 2023 from 1 million in 2022 representing a change of -3014.14%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -0.11 in 2023 from -0.11 in 2022 representing a change of -1011.11%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q3	Q/Q change %
0000000000
revenue	434500	434500	0.00
gross profit	-215500	-215500	0.00
gross profit ratio	-0.5	-0.5	0.00
research and development expenses	0	0	NaN
operating expenses	6965500	8265499	-15.73
interest income	0	866500	-100.00
interest expense	1733000	0	NaN
ebitda	-4711500	-4711500	0.00
ebitdaratio	-10.84	-10.84	0.00
operating income	-7181000	-4715000	-52.30
operating income ratio	-16.53	-10.85	-52.30
net income	-2318000	-2318000	0.00
net income ratio	-5.33	-5.33	0.00
eps	-0.01	-0.01	0.00

Overall Score of Quarterly Income Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 7 million in 2023Q4 from 8 million in 2023Q3 representing a change of -15.73%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  Operating Income: Operating income increased to -7 million in 2023Q4 from -5 million in 2023Q3 representing a change of -52.3%. The increase in operating income indicates better operational performance and increased profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	198306000	270444000	-26.67
total liabilities	80073000	111624000	-28.27
total equity	118233000	158820000	-25.56
cash and cash equivalents	47277000	13686000	245.44
short term investments	0	0	NaN
long term investments	41350000	11547000	258.10
total current assets	156735000	212928000	-26.39
total non current assets	41571000	57516000	-27.72
total current liabilities	79757000	111624000	-28.55
total non current liabilities	316000	0	NaN
common stock	435252000	435252000	0.00
retained earnings	-897881000	-859560000	-4.46
total debt	34173000	47891000	-28.64

Overall Score of Annual Balance Sheet

0.5 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 198 million in 2023 from 270 million in 2022 representing a change of -26.67%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 118 million in 2023 from 159 million in 2022 representing a change of -25.56%. This indicates a decrease in shareholders' equity.

  Total Current Assets: Total Current Assets decreased to 157 million in 2023 from 213 million in 2022 representing a change of -26.39%. This indicates a worsen liquidity position.

  Retained Earnings: Retained Earnings decreased to -898 million in 2023 from -860 million in 2022 representing a change of -4.46%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 80 million in 2023 from 112 million in 2022 representing a change of -28.27%. This indicates a decrease in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 47 million in 2023 from 14 million in 2022 representing a change of 245.44%. This indicates an increase in available liquid assets.

  Total Current Liabilities: Total Current Liabilities decreased to 80 million in 2023 from 112 million in 2022 representing a change of -28.55%. This indicates a lower short-term debt burden.

  Total Debt: Total Debt decreased to 34 million in 2023 from 48 million in 2022 representing a change of -28.64%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q3	Q/Q change %
0000000000
total assets	198306000	198306000	0.00
total liabilities	80073000	80073000	0.00
total equity	118233000	118233000	0.00
cash and cash equivalents	47277000	47277000	0.00
short term investments	0	0	NaN
long term investments	41350000	0	NaN
total current assets	156735000	156735000	0.00
total non current assets	41571000	41571000	0.00
total current liabilities	79757000	79757000	0.00
total non current liabilities	316000	316000	0.00
common stock	435252000	435252000	0.00
retained earnings	-897881000	-897881000	0.00
total debt	34173000	33498000	2.02

Overall Score of Quarterly Balance Sheet

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Debt: Total Debt increased to 34 million in 2023Q4 from 33 million in 2023Q3 representing a change of 2.02%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	33591000	-7215000	565.57
operating cash flow	43829000	-96450000	145.44
free cash flow	43817000	-96450000	145.43
capital expenditure	-12000	0	NaN
depreciation and amortization	718000	1011000	-28.98
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	-5436000	19236000	-128.26
inventory	3923000	593000	561.55
acquisitions net	0	-187000	100.00
investments in property plant and equipment	-12000	0	NaN
net cash used for investing activites	6530000	-184000	3648.91
debt repayment	-13056000	48524000	-126.91
common stock issued	0	48888000	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-18208000	90608000	-120.10
cash at end of period	47277000	13686000	245.44
accounts receivables	43972000	-106937000	141.12
cash at beginning of period	13686000	20901000	-34.52

Overall Score of Annual Cashflow Statement

0.83 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 34 million in 2023 from -7 million in 2022 representing a change of 565.57%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 44 million in 2023 from -96 million in 2022 representing a change of 145.44%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 44 million in 2023 from -96 million in 2022 representing a change of 145.43%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to 0 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Payables: The absolute value of Accounts Payables decreased to 5 million in 2023 from 19 million in 2022 representing a change of -128.26%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• 📉 Negative Indicators

  Accounts Receivables: Accounts Receivables increased to 44 in 2023 from -107 million in 2022 representing a change of 141.12%. This suggests that the company is less capable of collecting payments from its customers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q3	Q/Q change %
0000000000
operating cash flow	22653500	22653500	0.0
free cash flow	22647500	22647500	0.0
capital expenditure	-12000	-6000	-100.0
depreciation and amortization	172000	172000	0.0
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	25417500	25417500	0.0
accounts payables	0	0	NaN
inventory	26000	26000	0.0
acquisitions net	0	0	NaN
investments in property plant and equipment	-12000	-6000	-100.0
net cash used for investing activites	3264500	3264500	0.0
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-3581000	-3581000	0.0
net change in cash	46349000	23174500	100.0
cash at end of period	47277000	23174500	104.0
cash at beginning of period	928000	0	NaN

Overall Score of Quarterly Cashflow Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 46 million in 2023Q4 from 23 million in 2023Q3 representing a change of 100.0%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to 0 million in 2023Q4 from 0 million in 2023Q3 representing a change of -100.0%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2024-03-31	2023-03-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0.28	1.05	-73.77
net income per share	-0.11	0.0	-2982.21
operating cash flow per share	0.13	-0.28	144.94
free cash flow per share	0.13	-0.28	144.93
cash per share	0.14	0.04	241.66
book value per share	0.34	0.46	-26.37
tangible book value per share	0.34	0.45	-25.36
shareholders equity per share	0.34	0.46	-26.37
interest debt per share	0.11	0.15	-27.32
market cap	101291200	359271120	-71.81
enterprise value	88187200	393476120	-77.59
pe ratio	-2.64	273.21	-100.97
price to sales ratio	1.05	0.99	6.29
pocfratio	2.31	-3.72	162.04
pfcf ratio	2.31	-3.72	162.06
pb ratio	0.86	2.26	-62.13
ptb ratio	0.86	2.26	-62.13
ev to sales	0.92	1.08	-15.50
enterprise value over ebitda	-2.04	156.89	-101.30
ev to operating cash flow	2.01	-4.08	149.32
ev to free cash flow	2.01	-4.08	149.33
earnings yield	-0.38	0.0	-10436.22
free cash flow yield	0.43	-0.27	261.14
debt to equity	0.29	0.3	-4.15
debt to assets	0.17	0.18	-2.69
net debt to ebitda	0.3	13.64	-97.78
current ratio	1.97	1.91	3.02
interest coverage	-9.88	0.37	-2740.06
income quality	-0.91	-112.81	99.20
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.13	0.04	202.83
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0.01	-100.00
capex to operating cash flow	0.0	0	NaN
capex to revenue	0.0	0	NaN
capex to depreciation	0.02	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	0.91	0.2	360.67
roic	-0.23	0.01	-3316.95
return on tangible assets	-0.19	0.0	-4042.47
graham net net	0.09	0.08	8.62
working capital	76978000	101304000	-24.01
tangible asset value	118233000	156659000	-24.53
net current asset value	76662000	101304000	-24.32
invested capital	76996000	103825000	-25.84
average receivables	125156500	108629500	15.21
average payables	29301500	31073500	-5.70
average inventory	1970500.0	4371500	-54.92
days sales outstanding	321.67	166.3	93.42
days payables outstanding	114.2	33.89	237.01
days of inventory on hand	0.04	4.48	-99.21
receivables turnover	1.13	2.19	-48.30
payables turnover	3.2	10.77	-70.33
inventory turnover	10249.22	81.47	12479.85
roe	-0.32	0.01	-4014.51
capex per share	0.0	0	NaN

• Negative

  ROE: Return on Equity (ROE) decreased to -0.32 on 2024-03-31 from 0.01 on 2023-03-31, representing a change of -4014.51%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -2.64 on 2024-03-31 from 273.21 on 2023-03-31, representing a change of -100.97%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 1.97 on 2024-03-31 from 1.91 on 2023-03-31, representing a change of 3.02%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.29 on 2024-03-31 from 0.30 on 2023-03-31, representing a change of -4.15%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-03-31 Q4	2023-12-31 Q3	Q/Q change %
0948.HK
calendar year	2023	2023	NaN
revenue per share	0.0	0.0	0.00
net income per share	-0.01	-0.01	0.00
operating cash flow per share	0.06	0.06	0.00
free cash flow per share	0.06	0.06	0.00
cash per share	0.14	0.14	0.00
book value per share	0.34	0.34	0.00
tangible book value per share	0.34	0.34	0.00
shareholders equity per share	0.34	0.34	0.00
interest debt per share	0.1	0.1	7.19
market cap	101298975.19	104792043.3	-3.33
enterprise value	88194975.19	91013043.3	-3.10
pe ratio	-10.93	-11.3	3.33
price to sales ratio	233.14	241.18	-3.33
pocfratio	4.47	4.63	-3.33
pfcf ratio	4.47	4.63	-3.33
pb ratio	0.86	0.89	-3.33
ptb ratio	0.86	0.89	-3.33
ev to sales	202.98	209.47	-3.10
enterprise value over ebitda	-18.72	-19.32	3.10
ev to operating cash flow	3.89	4.02	-3.10
ev to free cash flow	3.89	4.02	-3.10
earnings yield	-0.02	-0.02	-3.45
free cash flow yield	0.22	0.22	3.45
debt to equity	0.29	0.28	2.02
debt to assets	0.17	0.17	2.02
net debt to ebitda	2.78	2.92	-4.90
current ratio	1.97	1.97	0.00
interest coverage	-4.14	0	NaN
income quality	-9.77	-9.77	0.00
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	7.74	7.74	0.00
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0.0	0.0	100.00
capex to revenue	0.03	0.01	100.00
capex to depreciation	0.07	0.03	100.00
stock based compensation to revenue	0	0	NaN
graham number	0.22	0.22	0.00
roic	0.02	-0.05	137.71
return on tangible assets	-0.01	-0.01	0.00
graham net net	0.09	0.09	0.00
working capital	76978000	76978000	0.00
tangible asset value	118233000	118233000	0.00
net current asset value	76662000	76662000	0.00
invested capital	76996000	76996000	0.00
average receivables	84877000	119721000	-29.10
average payables	28861000	28486000	1.32
average inventory	9000.0	4500	100.00
days sales outstanding	17580.97	17580.97	0.00
days payables outstanding	3996.14	3996.14	0.00
days of inventory on hand	1.25	1.25	0.00
receivables turnover	0.01	0.01	0.00
payables turnover	0.02	0.02	0.00
inventory turnover	72.22	72.22	-0.00
roe	-0.02	-0.02	0.00
capex per share	0.0	0.0	100.00

• Negative

  ROE: Return on Equity (ROE) decreased to -0.02 on 2024-03-31 Q4 from -0.02 on 2023-12-31 Q3, representing a change of 0.00%. Suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to -10.93 on 2024-03-31 Q4 from -11.30 on 2023-12-31 Q3, representing a change of 3.33%. Indicating an increase in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.97 on 2024-03-31 Q4 from 1.97 on 2023-12-31 Q3, representing a change of 0.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.29 on 2024-03-31 Q4 from 0.28 on 2023-12-31 Q3, representing a change of 2.02%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 0.3 which is higher than current price 0.26, indicates the company may be undervalued.