About
About Able Engineering Holdings Limited
Able Engineering Holdings Limited, an investment holding company, engages in the building construction business primarily in Hong Kong. The company undertakes repair, maintenance, alteration, and addition works; and building conversion, design and build, and fitting out and interior works. It also engages in the property holding activities; and manufacturing, processing, and selling prefabricated construction units. In addition, the company is involved in foundation and site formation, slope upgrading, demolition, ground investigation, and structure and footbridge services, as well as piling works. The company serves various clients, including architectural services department, Hong Kong housing authority, hospital authority, urban renewal authority, Hong Kong housing society, and civil engineering and development department, as well as non-profit organizations, private sectors, and education bureaus. The company was founded in 1976 and is headquartered in Kowloon Tong, Hong Kong. Able Engineering Holdings Limited is a subsidiary of Golden Lux Holdings Limited.
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5 years, 5 months ago
Able Engineering Holdings Limited is currently in a long term downtrend where the price is trading 4.4% below its 200 day moving average.
From a valuation standpoint, the stock is 86.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.3.
Able Engineering Holdings Limited's total revenue sank by 39.9% to $387M since the same quarter in the previous year.
Its net income has dropped by 92.5% to $6M since the same quarter in the previous year.
Finally, its free cash flow grew by 52.1% to $-55M since the same quarter in the previous year.
Based on the above factors, Able Engineering Holdings Limited gets an overall score of 2/5.