Asiasec Properties (SEHK:271) - Stock Price, News & Analysis

271 Stock Overview

An investment holding company, engages in the property investment, property leasing, and estate management businesses primarily in Hong Kong. More details

271 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	2/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (0.8x) is below the Hong Kong market (9.7x)

Became profitable this year

Risk Analysis

Large one-off items impacting financial results

Does not have a meaningful market cap (HK$194M)

Asiasec Properties Limited Competitors

Wenling Zhejiang Measuring and Cutting Tools Trading Centre

SEHK:1379

HK$167.2m

Y. T. Realty Group

SEHK:75

HK$199.9m

Xingye Wulian Service Group

SEHK:9916

HK$142.0m

Lushang Life Services

SEHK:2376

HK$200.0m

Price History & Performance

Summary of all time highs, changes and price drops for Asiasec Properties
Historical stock prices
Current Share Price	HK$0.16
52 Week High	HK$0.22
52 Week Low	HK$0.14
Beta	0.39
11 Month Change	-8.24%
3 Month Change	1.30%
1 Year Change	-12.36%
33 Year Change	-76.72%
5 Year Change	-88.00%
Change since IPO	-82.99%

Asiasec Properties' (HKG:271) Solid Profits Have Weak Fundamentals

May 03

Recent updates

Asiasec Properties' (HKG:271) Solid Profits Have Weak Fundamentals

May 03

We're Hopeful That Asiasec Properties (HKG:271) Will Use Its Cash Wisely

Mar 14

Here's Why We're Not Too Worried About Asiasec Properties' (HKG:271) Cash Burn Situation

Nov 04

Here's Why We're Not Too Worried About Asiasec Properties' (HKG:271) Cash Burn Situation

Jul 22

We're Not Worried About Asiasec Properties' (HKG:271) Cash Burn

Mar 30

Shareholder Returns

	271	HK Real Estate	HK Market
7D	2.0%	-3.9%	-2.8%
1Y	-12.4%	-12.8%	10.0%

Return vs Industry: 271 exceeded the Hong Kong Real Estate industry which returned -13.6% over the past year.

Return vs Market: 271 underperformed the Hong Kong Market which returned 9.7% over the past year.

Price Volatility

Is 271's price volatile compared to industry and market?
271 volatility
271 Average Weekly Movement	6.2%
Real Estate Industry Average Movement	10.1%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.0%
10% least volatile stocks in HK Market	4.2%

Stable Share Price: 271 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 271's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1973	30	Shu Yin Lee	www.asiasec.com.hk

Asiasec Properties Limited, an investment holding company, engages in the property investment, property leasing, and estate management businesses primarily in Hong Kong. It leases commercial and residential properties, as well as carparks. The company also provides financing services.

Asiasec Properties Limited Fundamentals Summary

How do Asiasec Properties's earnings and revenue compare to its market cap?
271 fundamental statistics
Market cap	HK$193.54m
Earnings (TTM)	HK$233.46m
Revenue (TTM)	HK$49.86m

0.8x

P/E Ratio

3.9x

P/S Ratio

Is 271 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
271 income statement (TTM)
Revenue	HK$49.86m
Cost of Revenue	HK$13.64m
Gross Profit	HK$36.22m
Other Expenses	-HK$197.23m
Earnings	HK$233.46m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.19
Gross Margin	72.64%
Net Profit Margin	468.23%
Debt/Equity Ratio	32.2%

How did 271 perform over the long term?

See historical performance and comparison

271 Stock Overview

Rewards

Risk Analysis

Asiasec Properties Limited Competitors

SEHK:1379

HK$167.2m

SEHK:75

HK$199.9m

SEHK:9916

HK$142.0m

SEHK:2376

HK$200.0m

Price History & Performance

Recent News & Updates

First half 2024 earnings released: HK$0.014 loss per share (vs HK$0.012 profit in 1H 2023)

Asiasec Properties Limited to Report First Half, 2024 Results on Aug 22, 2024

Asiasec Properties' (HKG:271) Solid Profits Have Weak Fundamentals

Asiasec Properties Limited Announces Executive Changes

Asiasec Properties Limited Appoints Cheng Chi Kin as an Independent Non-Executive Director, Chairman of the Remuneration Committee, Member of Each of the Audit Committee and Nomination Committee

Now 21% undervalued

Recent updates

First half 2024 earnings released: HK$0.014 loss per share (vs HK$0.012 profit in 1H 2023)

Asiasec Properties Limited to Report First Half, 2024 Results on Aug 22, 2024

Asiasec Properties' (HKG:271) Solid Profits Have Weak Fundamentals

Asiasec Properties Limited Announces Executive Changes

Asiasec Properties Limited Appoints Cheng Chi Kin as an Independent Non-Executive Director, Chairman of the Remuneration Committee, Member of Each of the Audit Committee and Nomination Committee

Now 21% undervalued

New minor risk - Financial data availability

Asiasec Properties Limited, Annual General Meeting, May 22, 2024

Asiasec Properties Limited to Report Fiscal Year 2023 Results on Mar 20, 2024

Asiasec Properties Limited Announces Demise of Choi Kin Man, Independent Non-Executive Director, Chairman of the Remuneration Committee and A Member of the Audit Committee and the Nomination Committee

Asiasec Properties Limited Announces Demise of Choi Kin Man, Independent Non-Executive Director, Chairman of the Remuneration Committee and A Member of the Audit Committee and the Nomination Committee

First half 2023 earnings released: EPS: HK$0.012 (vs HK$0.004 loss in 1H 2022)

Asiasec Properties Limited to Report Q1, 2024 Results on Aug 17, 2023

New minor risk - Share price stability

Full year 2022 earnings released: HK$0.035 loss per share (vs HK$1.26 loss in FY 2021)

We're Hopeful That Asiasec Properties (HKG:271) Will Use Its Cash Wisely

Less than half of directors are independent

Here's Why We're Not Too Worried About Asiasec Properties' (HKG:271) Cash Burn Situation

Asiasec Properties Limited SHS to Be Deleted from OTC Equity

First half 2022 earnings released: HK$0.003 loss per share (vs HK$0.039 loss in 1H 2021)

Asiasec Properties Limited to Report First Half, 2022 Results on Aug 18, 2022

Here's Why We're Not Too Worried About Asiasec Properties' (HKG:271) Cash Burn Situation

Less than half of directors are independent

Asiasec Properties Limited, Annual General Meeting, May 19, 2022

We're Not Worried About Asiasec Properties' (HKG:271) Cash Burn

Asiasec Properties Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2021

Inaugural dividend of HK$0.95 per share

Asiasec Properties Limited Announces Possible Declaration of Special Dividend

First half 2021 earnings released: HK$0.039 loss per share (vs HK$0.005 profit in 1H 2020)

Asiasec Properties Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021

Asiasec Properties Limited Provides Special Dividend Guidance

Full year 2020 earnings released: HK$0.046 loss per share (vs HK$0.047 profit in FY 2019)

Asiasec Properties Limited Omits Dividend Payment for the Year Ended December 31, 2020

Full year 2020 earnings released: HK$0.046 loss per share (vs HK$0.047 profit in FY 2019)

Asiasec Properties Limited to Report Fiscal Year 2020 Results on Mar 18, 2021

New 90-day low: HK$1.10

First half earnings released

New 90-day low - HK$1.15

Earnings released

Asiasec Properties Limited to Report Q2, 2020 Results on Aug 20, 2020

Shareholder Returns

Price Volatility

About the Company

Asiasec Properties Limited Fundamentals Summary

0.8x

3.9x

Earnings & Revenue