company background image
645 logo

Ares Asia SEHK:645 Stock Report

Last Price

HK$0.11

Market Cap

HK$54.4m

7D

10.4%

1Y

-63.4%

Updated

16 Mar, 2024

Data

Company Financials

645 Stock Overview

Ares Asia Limited, an investment holding company, engages in the trading of coal and other commodities in Mainland China, Pakistan, India, and internationally.

645 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Ares Asia Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ares Asia
Historical stock prices
Current Share PriceHK$0.11
52 Week HighHK$0.29
52 Week LowHK$0.082
Beta0.43
1 Month Change-1.85%
3 Month Change-12.40%
1 Year Change-63.45%
3 Year Change-67.38%
5 Year Change-84.64%
Change since IPO-98.85%

Recent News & Updates

Revenues Not Telling The Story For Ares Asia Limited (HKG:645)

Mar 16
Revenues Not Telling The Story For Ares Asia Limited (HKG:645)

Recent updates

Revenues Not Telling The Story For Ares Asia Limited (HKG:645)

Mar 16
Revenues Not Telling The Story For Ares Asia Limited (HKG:645)

Ares Asia Limited's (HKG:645) 37% Dip In Price Shows Sentiment Is Matching Earnings

Jul 13
Ares Asia Limited's (HKG:645) 37% Dip In Price Shows Sentiment Is Matching Earnings

Shareholder Returns

645HK Trade DistributorsHK Market
7D10.4%2.2%1.6%
1Y-63.4%-14.1%-12.3%

Return vs Industry: 645 underperformed the Hong Kong Trade Distributors industry which returned -14.1% over the past year.

Return vs Market: 645 underperformed the Hong Kong Market which returned -12.3% over the past year.

Price Volatility

Is 645's price volatile compared to industry and market?
645 volatility
645 Average Weekly Movement12.7%
Trade Distributors Industry Average Movement8.0%
Market Average Movement7.2%
10% most volatile stocks in HK Market14.5%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 645 has not had significant price volatility in the past 3 months.

Volatility Over Time: 645's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
19935Robert Laihttps://www.aresasialtd.com

Ares Asia Limited, an investment holding company, engages in the trading of coal and other commodities in Mainland China, Pakistan, India, and internationally. The company was formerly known as KTP Holdings Limited and changed its name to Ares Asia Limited in April 2012. The company was incorporated in 1993 and is headquartered in Kowloon, Hong Kong.

Ares Asia Limited Fundamentals Summary

How do Ares Asia's earnings and revenue compare to its market cap?
645 fundamental statistics
Market capHK$54.40m
Earnings (TTM)-HK$9.14m
Revenue (TTM)HK$496.26m

0.1x

P/S Ratio

-6.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
645 income statement (TTM)
RevenueUS$63.44m
Cost of RevenueUS$62.73m
Gross ProfitUS$704.00k
Other ExpensesUS$1.87m
Earnings-US$1.17m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0023
Gross Margin1.11%
Net Profit Margin-1.84%
Debt/Equity Ratio0%

How did 645 perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.