Asiasec Properties Limited, an investment holding company, engages in property investment, property leasing, and estate management businesses primarily in Hong Kong. More Details
Flawless balance sheet and overvalued.
Share Price & News
How has Asiasec Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 271 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 271's weekly volatility (2%) has been stable over the past year.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 271 underperformed the Hong Kong Real Estate industry which returned 5% over the past year.
Return vs Market: 271 underperformed the Hong Kong Market which returned 24.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Asiasec Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StAsiasec Properties (HKG:271) Seems To Use Debt Quite Sensibly
8 months ago | Simply Wall StSomething To Consider Before Buying Asiasec Properties Limited (HKG:271) For The 2.1% Dividend
10 months ago | Simply Wall StWe're Not So Sure You Should Rely on Asiasec Properties's (HKG:271) Statutory Earnings
Is Asiasec Properties 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: Insufficient data to calculate 271's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 271's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 271 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.
PE vs Market: 271 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 271's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 271 is good value based on its PB Ratio (0.4x) compared to the HK Real Estate industry average (0.5x).
How is Asiasec Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Asiasec Properties 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.
How has Asiasec Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 271 is currently unprofitable.
Growing Profit Margin: 271 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 271 is unprofitable, and losses have increased over the past 5 years at a rate of 28.7% per year.
Accelerating Growth: Unable to compare 271's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 271 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (5.9%).
Return on Equity
High ROE: 271 has a negative Return on Equity (-1.3%), as it is currently unprofitable.
How is Asiasec Properties's financial position?
Financial Position Analysis
Short Term Liabilities: 271's short term assets (HK$445.8M) exceed its short term liabilities (HK$31.7M).
Long Term Liabilities: 271's short term assets (HK$445.8M) exceed its long term liabilities (HK$166.8M).
Debt to Equity History and Analysis
Debt Level: 271 is debt free.
Reducing Debt: 271 had no debt 5 years ago.
Debt Coverage: 271 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 271 has no debt, therefore coverage of interest payments is not a concern.
What is Asiasec Properties's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 271's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 271's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 271's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 271's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 271 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 271's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lee Shu Yin (53 yo)
Mr. Lee Shu Yin has been Chief Executive Officer and Executive Director of Asiasec Properties Ltd since January 4, 2018. He has over twenty years of experience in corporate finance, investment and manageme...
CEO Compensation Analysis
Compensation vs Market: Lee Shu's total compensation ($USD558.27K) is above average for companies of similar size in the Hong Kong market ($USD293.94K).
Compensation vs Earnings: Lee Shu's compensation has increased whilst the company is unprofitable.
Experienced Board: 271's board of directors are considered experienced (4.2 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.
Asiasec Properties Limited's company bio, employee growth, exchange listings and data sources
- Name: Asiasec Properties Limited
- Ticker: 271
- Exchange: SEHK
- Founded: 1973
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: HK$1.526b
- Shares outstanding: 1.24b
- Website: https://www.asiasec.com.hk
Number of Employees
- Asiasec Properties Limited
- Allied Kajima Building
- 9th Floor
- Wan Chai
- Hong Kong
Asiasec Properties Limited, an investment holding company, engages in property investment, property leasing, and estate management businesses primarily in Hong Kong. The company’s investment properties inc...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/11 10:12|
|End of Day Share Price||2021/05/11 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.