Travel Expert (Asia) Enterprises Limited, an investment holding company, provides travel agency services in Hong Kong and the People’s Republic of China.
Adequate balance sheet unattractive dividend payer.
Share Price & News
How has Travel Expert (Asia) Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1235 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 1235 underperformed the Hong Kong Hospitality industry which returned -17.9% over the past year.
Return vs Market: 1235 underperformed the Hong Kong Market which returned -9.4% over the past year.
Price Volatility Vs. Market
How volatile is Travel Expert (Asia) Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDo Insiders Own Shares In Travel Expert (Asia) Enterprises Limited (HKG:1235)?
2 months ago | Simply Wall StSome Travel Expert (Asia) Enterprises (HKG:1235) Shareholders Have Taken A Painful 81% Share Price Drop
3 months ago | Simply Wall StOur Take On Travel Expert (Asia) Enterprises Limited's (HKG:1235) CEO Salary
Is Travel Expert (Asia) Enterprises undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 1235 (HK$0.17) is trading above our estimate of fair value (HK$0.08)
Significantly Below Fair Value: 1235 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1235 is unprofitable, so we can't compare its PE Ratio to the Hospitality industry average.
PE vs Market: 1235 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1235's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1235 is good value based on its PB Ratio (0.8x) compared to the HK Hospitality industry average (0.9x).
How is Travel Expert (Asia) Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Services industry annual growth in earnings
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 Travel Expert (Asia) Enterprises 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 SimplyWall St do have past financial data.
- Examine Travel Expert (Asia) Enterprises'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.
- Travel Expert (Asia) Enterprises competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
How has Travel Expert (Asia) Enterprises performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1235 is currently unprofitable.
Growing Profit Margin: 1235 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1235 is unprofitable, and losses have increased over the past 5 years at a rate of -83.4% per year.
Accelerating Growth: Unable to compare 1235's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1235 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-18.1%).
Return on Equity
High ROE: 1235 has a negative Return on Equity (-40.58%), as it is currently unprofitable.
How is Travel Expert (Asia) Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: 1235's short term assets (HK$81.6M) do not cover its short term liabilities (HK$82.6M).
Long Term Liabilities: 1235's short term assets (HK$81.6M) exceed its long term liabilities (HK$5.3M).
Debt to Equity History and Analysis
Debt Level: 1235's debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: 1235's debt to equity ratio has reduced from 31% to 2.6% over the past 5 years.
Debt Coverage: 1235's debt is well covered by operating cash flow (51.7%).
Interest Coverage: Insufficient data to determine if 1235's interest payments on its debt are well covered by EBIT.
What is Travel Expert (Asia) Enterprises's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1235's dividend (11.63%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.42%).
High Dividend: 1235's dividend (11.63%) is in the top 25% of dividend payers in the Hong Kong market (7.05%)
Stability and Growth of Payments
Stable Dividend: 1235 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1235 has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: 1235 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hang Fan Cheng (61yo)
Ms. Hang Fan Cheng is a co-founder and has been the Chief Executive Officer at Travel Expert (Asia) Enterprises Limited since September 6, 2011. Ms. Cheng has over 26 years of experience in the travel indu ...
CEO Compensation Analysis
Compensation vs Market: Hang Fan's total compensation ($USD144.89K) is below average for companies of similar size in the Hong Kong market ($USD230.45K).
Compensation vs Earnings: Hang Fan's compensation has increased whilst the company is unprofitable.
|Executive Chairman||8.83yrs||HK$126.00k||0.83% HK$729.3k|
|CEO & Executive Director||8.83yrs||HK$1.12m||1.64% HK$1.4m|
|Independent Non-Executive Director||9.25yrs||HK$180.00k||no data|
|Independent Non-Executive Director||9.08yrs||HK$144.00k||no data|
|Independent Non-Executive Director||9.25yrs||HK$144.00k||no data|
Experienced Board: 1235's board of directors are considered experienced (9.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Travel Expert (Asia) Enterprises Limited's company bio, employee growth, exchange listings and data sources
- Name: Travel Expert (Asia) Enterprises Limited
- Ticker: 1235
- Exchange: SEHK
- Founded: 1986
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: HK$87.696m
- Shares outstanding: 509.86m
- Website: https://www.tegroup.com.hk
Number of Employees
- Travel Expert (Asia) Enterprises Limited
- Units A-C, D2 Place TWO
- 9th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1235||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Sep 2011|
Travel Expert (Asia) Enterprises Limited, an investment holding company, provides travel agency services in Hong Kong and the People’s Republic of China. It operates through Travel and Travel/Wedding Related Business, Rental Income from Investment Properties, and Treasury Activities segments. The company engages in the provision of services relating to the sale of air tickets, hotel accommodation, and other travel/wedding related products and services; and package tours, property investment, and investment in treasury activities. It also provides meeting, incentive, conference, and exhibition trips planning and management services. In addition, the company engages in the travel and travel related, study tours, and property holding and marketing businesses, as well as provision of management services. As of March 31, 2019, it operated a total of 37 retail shops in Hong Kong under the Travel Expert and Premium Holidays brands. The company was founded in 1986 and is headquartered in Kowloon, Hong Kong. Travel Expert (Asia) Enterprises Limited is a subsidiary of Colvin & Horne Holdings Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/03 12:52|
|End of Day Share Price||2020/07/02 00:00|
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.