PHOE · NASDAQ · Engineering & Construction

Phoenix Asia (PHOE)

Provides Hong Kong site formation, ground investigation, and foundation works through Winfield Engineering.

$19.75
vs last close+0.14 (+0.71%)
Loading prices…

Phoenix Asia Holdings Limited Ordinary SharesPHOE
Industrials

Operates through Hong Kong substructure contractor Winfield Engineering, performing site formation, ground investigation, and foundation works. The Cayman holding company has announced a proposed ACEA Pharma acquisition, but the transaction remains subject to closing conditions and regulatory approvals.

Operates in Hong Kong through Winfield Engineering, a wholly owned contractor focused on substructure work. Its active services include site formation, ground investigation, and foundation works for construction projects.

Customer-facing work is framed around satisfaction, work and safety standards, craftsmanship, and environmental performance. Phoenix Asia is a Cayman holding company formed in 2024, while Winfield Engineering, incorporated in 1990, remains its operating business.

An agreement to acquire ACEA Pharma would move the group toward a pharmaceutical-industry holding-company model, but the announced transaction remains subject to customary closing conditions and regulatory approvals.

Company facts

CEOChi Kin Kelvin Yeung
ListedApr 25, 2025
ExchangeNASDAQ
HeadquartersKowloon Bay, Hong Kong
CountryHong Kong
Employees29
CIK0002035709
ISINKYG7075R1083

Market cap$423.6M
EPS (ttm)
P/E (ttm)
ROE
P/B539.24
P/S
Dividend yieldDiv yield
Beta−3.34vs XLI −1.33

No analyst consensus on record.

Not reported.

Debt to equity1.10%
Current ratio546.10%

ProfitabilityRevenueNet incomeNet margin

Q4 FY25Q2 FY26Q3 FY26Q4 FY26
Revenue$1.8M$449.5K$1.8M$473.9K
Net income$50.8K$25.4K−$699.6K−$179.5K
Net margin2.8%5.6%0.0%0.0%

GrowthOperating income

Q4 FY25Q2 FY26Q3 FY26Q4 FY26
Operating income$274.2K$27.4K−$712.1K−$182.7K
YoY growthTurned loss

Balance sheet, Mar 31, 2026Cash & short-term investments $113.8K · Total debt $8.3K · Total assets $934.1K · Shareholders' equity $785.5K

Revenue
$473.9K
Operating income
−$182.7K
Net income
−$179.5K
View details

No dividends on record.

Institutions0.06%13.3K shares
2 holders · as of Jun 30, 2026
Insiders74.54%16.10M shares
1 holder · as of Mar 31, 2026
Other25.40%5.49M shares
remainder

21.60M company shares as of Sep 15, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Chi Kin Kelvin YeungInsiderdirector, 10 percent owner, officer: Chief Executive Officer
74.54%16.10Mfiled Mar 31, 2026
Geode Capital Management, LLCInstitution
0.06%12,645as of Jun 30, 2026
Tower Research Capital LLC (TRC)Institution
0.00%700as of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Not reported.