Phoenix Asia Holdings Limited
PHOEIndustrialsNASDAQEngineering & Construction · Last scanned Oct 24, 2026
Scan Results
Daily timeframePart of the industrials sector, Phoenix Asia Holdings Limited (PHOE) is listed under Engineering & Construction. At a $324.0M market cap, Phoenix Asia Holdings Limited ranks as a small-cap company within industrials. The company undertakes site formation, such as clearance of construction site, demolition of existing structures, and reduction and stabilization of existing slopes; ground investigation comprising of assessing ground condition by drilling and conducting tests; and foundation works, including excavation and lateral support works, pile caps construction, earth works, structural steel works, underground drainage works, and demolition works.
Market Cap
$324.0M
Beta
—
P/E (TTM)
—
P/E (Fwd)
—
EPS (TTM)
$-0.06
EPS (Fwd)
—
ROE
-25.9%
ROA
-11.9%
Cash
$1.3M
Total Debt
$65,295
Free CF
-$4.0M
52W Change
-14.3%
Annual Financials
Cash vs Debt
Where PHOE stands vs its 150-day and 200-day moving averages
As of the October 16, 2026 close, PHOE finished 13.33% below its 150-day moving average ($18.76) and 11.68% below its 200-day moving average ($18.41). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is PHOE overbought or oversold?
At the October 16, 2026 close, PHOE's RSI(14) was 22.7, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Phoenix Asia Holdings Limited holds $1.3M in cash against $65K in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company is burning cash, with free cash flow at -$4.0M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -25.9%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $2.2M (2023) to $7.2M (2026), reflecting a 223% increase over the period.
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Phoenix Asia Holdings Limited's trajectory.