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Ascent International Holdings

SEHK:264
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
264
SEHK
HK$429M
Market Cap
  1. Home
  2. HK
  3. Consumer Durables
Company description

Ascent International Holdings Limited, an investment holding company, manufactures and distributes leather products in Europe, the People’s Republic of China, the United States, and internationally. The last earnings update was 24 days ago. More info.


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264 Share Price and Events
7 Day Returns
0%
SEHK:264
1.2%
HK Luxury
0.3%
HK Market
1 Year Returns
40%
SEHK:264
-4%
HK Luxury
-4.8%
HK Market
264 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ascent International Holdings (264) 0% 0% - 40% -24.3% 89.8%
HK Luxury 1.2% 0.8% 14.8% -4% 17.4% 7.5%
HK Market 0.3% 1.6% 11.2% -4.8% 27% 20.8%
1 Year Return vs Industry and Market
  • 264 outperformed the Luxury industry which returned -4% over the past year.
  • 264 outperformed the Market in Hong Kong which returned -4.8% over the past year.
Price Volatility
264
Industry
5yr Volatility vs Market

264 Value

 Is Ascent International Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ascent International Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$1.12.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ascent International Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ascent International Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:264 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$-0.08
SEHK:264 Share Price ** SEHK (2019-03-22) in HKD HK$1.12
Hong Kong Luxury Industry PE Ratio Median Figure of 76 Publicly-Listed Luxury Companies 10.37x
Hong Kong Market PE Ratio Median Figure of 1,474 Publicly-Listed Companies 12.01x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ascent International Holdings.

SEHK:264 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:264 Share Price ÷ EPS (both in HKD)

= 1.12 ÷ -0.08

-13.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ascent International Holdings is loss making, we can't compare its value to the HK Luxury industry average.
  • Ascent International Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Ascent International Holdings's expected growth come at a high price?
Raw Data
SEHK:264 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -13.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Luxury Industry PEG Ratio Median Figure of 22 Publicly-Listed Luxury Companies 0.89x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.86x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ascent International Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ascent International Holdings's assets?
Raw Data
SEHK:264 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.07
SEHK:264 Share Price * SEHK (2019-03-22) in HKD HK$1.12
Hong Kong Luxury Industry PB Ratio Median Figure of 120 Publicly-Listed Luxury Companies 1.11x
Hong Kong Market PB Ratio Median Figure of 2,149 Publicly-Listed Companies 1.03x
SEHK:264 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:264 Share Price ÷ Book Value per Share (both in HKD)

= 1.12 ÷ 0.07

15.28x

* Primary Listing of Ascent International Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ascent International Holdings is overvalued based on assets compared to the HK Luxury industry average.
X
Value checks
We assess Ascent International Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Ascent International Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

264 Future Performance

 How is Ascent International Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ascent International Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.9%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ascent International Holdings expected to grow at an attractive rate?
  • Unable to compare Ascent International Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ascent International Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Ascent International Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:264 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Luxury Industry Earnings Growth Rate Market Cap Weighted Average 15.9%
Hong Kong Luxury Industry Revenue Growth Rate Market Cap Weighted Average 11.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:264 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:264 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 64 -31
2018-06-30 75 -7 -17
2018-03-31 77 -6 -17
2017-12-31 79 -4 -17
2016-12-31 111 -15 -14
2016-09-30 115 -2 -23
2016-06-30 122 -7 -25
2016-03-31 128 -12 -28

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ascent International Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Ascent International Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:264 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ascent International Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:264 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 -0.08
2018-06-30 -0.05
2018-03-31 -0.05
2017-12-31 -0.05
2016-12-31 -0.04
2016-09-30 -0.07
2016-06-30 -0.07
2016-03-31 -0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ascent International Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Ascent International Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Ascent International Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. Ascent International Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ascent International Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ascent International Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

264 Past Performance

  How has Ascent International Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ascent International Holdings's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ascent International Holdings does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Ascent International Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ascent International Holdings's 1-year growth to the HK Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Ascent International Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ascent International Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:264 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 63.90 -31.47 53.13
2018-06-30 74.68 -17.26 51.13
2018-03-31 76.81 -16.97 51.56
2017-12-31 78.94 -16.68 51.99
2016-12-31 111.01 -14.39 53.66
2016-09-30 114.89 -22.69 51.46
2016-06-30 121.58 -25.37 55.75
2016-03-31 128.26 -28.05 60.04
2015-12-31 132.29 -27.82 60.89
2015-09-30 136.32 -27.58 61.74
2015-06-30 132.52 -26.68 57.59
2015-03-31 128.71 -25.78 53.44
2014-12-31 128.65 -32.50 53.11
2014-09-30 128.58 -39.22 52.77
2014-06-30 130.00 -39.04 52.85
2014-03-31 131.42 -38.87 52.92
2013-12-31 143.34 -25.58 53.85
2013-09-30 155.25 -12.29 54.77
2013-06-30 171.41 -7.43 56.14
2013-03-31 187.56 -2.57 57.51
2012-12-31 195.67 0.95 57.41
2012-09-30 203.79 4.46 57.32
2012-06-30 199.89 5.72 57.95

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ascent International Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ascent International Holdings has efficiently used its assets last year compared to the HK Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ascent International Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ascent International Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ascent International Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

264 Health

 How is Ascent International Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ascent International Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ascent International Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ascent International Holdings has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ascent International Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Ascent International Holdings has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ascent International Holdings Company Filings, last reported 3 months ago.

SEHK:264 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 28.06 0.00 25.73
2018-06-30 52.26 5.06 23.17
2018-03-31 52.26 5.06 23.17
2017-12-31 61.53 12.80 44.51
2016-12-31 50.66 9.89 21.48
2016-09-30 50.60 1.53 21.34
2016-06-30 50.60 1.53 21.34
2016-03-31 62.17 0.60 24.01
2015-12-31 62.17 0.60 24.01
2015-09-30 74.79 0.00 21.81
2015-06-30 74.79 0.00 21.81
2015-03-31 226.36 0.00 161.43
2014-12-31 226.36 0.00 161.43
2014-09-30 236.03 0.00 167.79
2014-06-30 236.03 0.00 167.79
2014-03-31 250.36 0.00 169.97
2013-12-31 250.36 0.00 169.97
2013-09-30 274.52 0.00 188.63
2013-06-30 274.52 0.00 188.63
2013-03-31 288.44 0.00 190.29
2012-12-31 288.44 0.00 190.29
2012-09-30 285.93 0.00 178.93
2012-06-30 285.93 0.00 178.93
  • Ascent International Holdings has no debt.
  • Ascent International Holdings had no debt 5 years ago.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Ascent International Holdings has sufficient cash runway for more than 3 years based on current free cash flow.
  • Ascent International Holdings has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -40.6% each year.
X
Financial health checks
We assess Ascent International Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ascent International Holdings has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

264 Dividends

 What is Ascent International Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ascent International Holdings dividends.
If you bought HK$2,000 of Ascent International Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ascent International Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ascent International Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:264 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Luxury Industry Average Dividend Yield Market Cap Weighted Average of 56 Stocks 2.7%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 965 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 1.9%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:264 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2014-07-08 0.000 0.000
2014-06-27 0.000 0.000
2013-12-05 0.000 0.000
2013-11-28 0.000 0.000
2013-07-09 0.000 0.000
2013-06-27 0.000 0.000
2012-11-28 0.007 1.858
2012-07-11 0.000 0.000
2012-06-28 0.000 0.000
2011-06-29 0.008 1.972
2010-07-19 0.014 2.499
2009-12-28 0.000 0.000
2009-12-17 0.000 0.000
2009-07-21 0.023 4.178
2009-04-21 0.037 7.522

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ascent International Holdings has not reported any payouts.
  • Unable to verify if Ascent International Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ascent International Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ascent International Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ascent International Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ascent International Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ascent International Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

264 Management

 What is the CEO of Ascent International Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Edwin Chan
COMPENSATION HK$1,255,000
AGE 60
CEO Bio

Mr. King Hong Chan, also known as Edwin, serves as the Chief Executive Officer of the Leather Goods Manufacturing and Retail Division at Ascent International Holdings Limited. Mr. Chan served as Chief Executive Officer and Managing Director of Chanco International Group Ltd. until September 21, 2015. He joined Chanco International Group Limited and its subsidiaries (the 'Group') in around 1980. He is responsible for the development of corporate strategies, overseas sales and marketing strategic planning and overall management of the Group. He has over 20 years of experience in the manufacturing and sales of leather goods, corporate management and strategic planning. He also served as Chairman and Executive Director of Chanco International Group Ltd. until September 21, 2015. Mr. Chan graduated from the University of Toronto in Canada with a Bachelor's degree in Arts in 1980.

CEO Compensation
  • Edwin's compensation has been consistent with company performance over the past year.
  • Edwin's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team

Wei Wang

TITLE
Chairlady
AGE
38

Edwin Chan

TITLE
Chief Executive Officer of the Leather Goods Manufacturing & Retail Division
COMPENSATION
HK$1M
AGE
60

Chan Mo

TITLE
Company Secretary
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Ascent International Holdings board of directors in years:

0.6
Average Tenure
39
Average Age
  • The average tenure for the Ascent International Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Wei Wang

TITLE
Chairlady
AGE
38
TENURE
0.6 yrs

Kwun Ho Wong

TITLE
Independent Non-Executive Director
AGE
34
TENURE
0.7 yrs

Jeffrey Chong

TITLE
Independent Non-Executive Director
AGE
40
TENURE
0.6 yrs

Jianhai Liang

TITLE
Independent Non-Executive Director
AGE
51
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Ascent International Holdings insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
12. Apr 19 Buy Jingfei Zhao Individual 22. Mar 19 22. Mar 19 287,024,406 HK$1.10 HK$315,010,063
16. Jul 18 Buy Hongwei Xu Individual 11. Jul 18 11. Jul 18 2,612,000 HK$1.48 HK$3,872,024
11. Jul 18 Buy Hongwei Xu Individual 05. Jul 18 05. Jul 18 1,924,000 HK$1.48 HK$2,852,138
11. Jul 18 Buy Hongwei Xu Individual 04. Jul 18 04. Jul 18 9,060,000 HK$1.48 HK$13,430,556
11. Jul 18 Buy Hongwei Xu Individual 10. Jul 18 10. Jul 18 468,000 HK$1.48 HK$693,765
11. Jul 18 Buy Hongwei Xu Individual 06. Jul 18 06. Jul 18 20,000 HK$1.48 HK$29,648
11. Jul 18 Buy Hongwei Xu Individual 09. Jul 18 09. Jul 18 100,000 HK$1.48 HK$148,240
15. May 18 Buy Hongwei Xu Individual 11. May 18 11. May 18 229,948,000 HK$1.48 HK$340,875,247
X
Management checks
We assess Ascent International Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ascent International Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

264 News

Simply Wall St News

Ascent International Holdings Limited's (HKG:264) Earnings Dropped -15.86%, How Did It Fare Against The Industry?

Assessing Ascent International Holdings Limited's (HKG:264) past track record of performance is a useful exercise for investors. … Below, I assess 264's latest performance announced on 31 December 2017 and evaluate these figures to its historical trend and industry movements. … View out our latest analysis for Ascent International Holdings?

Simply Wall St -

264 Company Info

Description

Ascent International Holdings Limited, an investment holding company, manufactures and distributes leather products in Europe, the People’s Republic of China, the United States, and internationally. The company operates in two segments, Manufacturing Business and Retail Business. It offers leather belts and other accessories. The company also retails fashion apparel, footwear, and leather accessories; and trades in leather products, as well as offers property management services. It operates eight retail stores under the AREA 0264 name and one Leather Workshop under the Teepee name in Hong Kong. The company was formerly known as Chanco International Group Limited and changed its name to Ascent International Holdings Limited in July 2016. Ascent International Holdings Limited was incorporated in 2002 and is headquartered in Central, Hong Kong. Ascent International Holdings Limited is a subsidiary of Zhurong Global Limited.

Details
Name: Ascent International Holdings Limited
264
Exchange: SEHK
Founded: 2002
HK$428,628,480
382,704,000
Website: http://
Address: Ascent International Holdings Limited
Entertainment Building,
30th Floor,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 264 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 12. Mar 2003
Number of employees
Current staff
Staff numbers
190
Ascent International Holdings employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:34
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2019/03/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.