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69

Shangri-La AsiaSEHK:69 Stock Report

Last Price

HK$6.29

Market Cap

HK$22.5b

7D

-2.6%

1Y

-6.1%

Updated

25 Jan, 2022

Data

Company Financials +
69 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health0/6
Dividends0/6

69 Stock Overview

Shangri-La Asia Limited, an investment holding company, owns/leases, operates, and manages hotels and associated properties worldwide.

Shangri-La Asia Competitors

Shanghai Jin Jiang Capital

SEHK:2006

HK$16.2b

Hongkong and Shanghai Hotels

SEHK:45

HK$13.2b

Keck Seng Investments (Hong Kong)

SEHK:184

HK$1.1b

ITC

NSEI:ITC

₹2.6t

Price History & Performance

Summary of all time highs, changes and price drops for Shangri-La Asia
Historical stock prices
Current Share PriceHK$6.29
52 Week HighHK$9.06
52 Week LowHK$5.83
Beta1.1
1 Month Change-2.03%
3 Month Change0.16%
1 Year Change-6.12%
3 Year Change-37.48%
5 Year Change-27.28%
Change since IPO8.45%

Recent News & Updates

Oct 25
Shangri-La Asia (HKG:69) Has Debt But No Earnings; Should You Worry?

Shangri-La Asia (HKG:69) Has Debt But No Earnings; Should You Worry?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Aug 29
Is There An Opportunity With Shangri-La Asia Limited's (HKG:69) 39% Undervaluation?

Is There An Opportunity With Shangri-La Asia Limited's (HKG:69) 39% Undervaluation?

Does the August share price for Shangri-La Asia Limited ( HKG:69 ) reflect what it's really worth? Today, we will...

Jun 21
Is There Now An Opportunity In Shangri-La Asia Limited (HKG:69)?

Is There Now An Opportunity In Shangri-La Asia Limited (HKG:69)?

Shangri-La Asia Limited ( HKG:69 ), might not be a large cap stock, but it saw a double-digit share price rise of over...

Shareholder Returns

69HK HospitalityHK Market
7D-2.6%1.6%-0.06%
1Y-6.1%-38.4%-15.0%

Return vs Industry: 69 exceeded the Hong Kong Hospitality industry which returned -36.7% over the past year.

Return vs Market: 69 exceeded the Hong Kong Market which returned -16.2% over the past year.

Price Volatility

Is 69's price volatile compared to industry and market?
69 volatility
69 Average Weekly Movement2.9%
Hospitality Industry Average Movement7.3%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 69 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 69's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197124,100Beng Chee Limhttps://www.shangri-la.com

Shangri-La Asia Limited, an investment holding company, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through four segments: Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.

Shangri-La Asia Fundamentals Summary

How do Shangri-La Asia's earnings and revenue compare to its market cap?
69 fundamental statistics
Market CapUS$2.89b
Earnings (TTM)-US$237.31m
Revenue (TTM)US$1.13b

2.6x

P/S Ratio

-12.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
69 income statement (TTM)
RevenueUS$1.13b
Cost of RevenueUS$691.51m
Gross ProfitUS$434.19m
ExpensesUS$671.50m
Earnings-US$237.31m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.066
Gross Margin38.57%
Net Profit Margin-21.08%
Debt/Equity Ratio91.4%

How did 69 perform over the long term?

See historical performance and comparison

Valuation

Is Shangri-La Asia undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 69 (HK$6.29) is trading below our estimate of fair value (HK$17.69)

Significantly Below Fair Value: 69 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 69 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Hospitality industry average.

PE vs Market: 69 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 69's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 69 is good value based on its PB Ratio (0.5x) compared to the HK Hospitality industry average (1x).


Future Growth

How is Shangri-La Asia forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

111.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 69 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: 69 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 69's is expected to become profitable in the next 3 years.

Revenue vs Market: 69's revenue (25.3% per year) is forecast to grow faster than the Hong Kong market (11.5% per year).

High Growth Revenue: 69's revenue (25.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 69's Return on Equity is forecast to be low in 3 years time (1.4%).


Past Performance

How has Shangri-La Asia performed over the past 5 years?

-49.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 69 is currently unprofitable.

Growing Profit Margin: 69 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 69 is unprofitable, and losses have increased over the past 5 years at a rate of 49.9% per year.

Accelerating Growth: Unable to compare 69's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 69 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (6.9%).


Return on Equity

High ROE: 69 has a negative Return on Equity (-4.77%), as it is currently unprofitable.


Financial Health

How is Shangri-La Asia's financial position?


Financial Position Analysis

Short Term Liabilities: 69's short term assets ($1.3B) do not cover its short term liabilities ($1.8B).

Long Term Liabilities: 69's short term assets ($1.3B) do not cover its long term liabilities ($5.6B).


Debt to Equity History and Analysis

Debt Level: 69's net debt to equity ratio (79.1%) is considered high.

Reducing Debt: 69's debt to equity ratio has increased from 80% to 91.4% over the past 5 years.

Debt Coverage: 69's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 69's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Shangri-La Asia current dividend yield, its reliability and sustainability?

1.69%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 69's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 69's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 69's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 69's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 69 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 69's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Beng Chee Lim (53 yo)

5yrs

Tenure

US$841,000

Compensation

Mr. Lim Beng Chee has been Chief Executive Officer and Executive Director of Shangri-La Asia Limited since January 1, 2017. Mr. Lim serves as a Manager of Eureka Office Fund. He served as the Chief Executi...


CEO Compensation Analysis

Compensation vs Market: Beng Chee's total compensation ($USD841.00K) is about average for companies of similar size in the Hong Kong market ($USD714.85K).

Compensation vs Earnings: Beng Chee's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 69's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: 69's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 69 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shangri-La Asia Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Shangri-La Asia Limited
  • Ticker: 69
  • Exchange: SEHK
  • Founded: 1971
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Implied Market Cap: HK$22.470b
  • Shares outstanding: 3.57b
  • Website: https://www.shangri-la.com

Number of Employees


Location

  • Shangri-La Asia Limited
  • Kerry Centre
  • 28th Floor
  • Quarry Bay
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/25 15:51
End of Day Share Price2022/01/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.