Asia Commercial Holdings Limited, an investment holding company, engages in the retail and wholesale of watches in the People’s Republic of China and Switzerland.
Overvalued with worrying balance sheet.
Share Price & News
How has Asia Commercial Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 104 has not had significant price volatility in the past 3 months.
7 Day Return
HK Specialty Retail
1 Year Return
HK Specialty Retail
Return vs Industry: 104 underperformed the Hong Kong Specialty Retail industry which returned 27.7% over the past year.
Return vs Market: 104 underperformed the Hong Kong Market which returned 0.4% over the past year.
Price Volatility Vs. Market
How volatile is Asia Commercial Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWill the Promising Trends At Asia Commercial Holdings (HKG:104) Continue?
1 month ago | Simply Wall StIs Asia Commercial Holdings Limited (HKG:104) A Smart Pick For Income Investors?
2 months ago | Simply Wall StA Look At The Intrinsic Value Of Asia Commercial Holdings Limited (HKG:104)
Is Asia Commercial Holdings 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: 104 (HK$0.34) is trading above our estimate of fair value (HK$0.08)
Significantly Below Fair Value: 104 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 104 is unprofitable, so we can't compare its PE Ratio to the HK Specialty Retail industry average.
PE vs Market: 104 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 104's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 104 is good value based on its PB Ratio (0.7x) compared to the HK Specialty Retail industry average (0.9x).
How is Asia Commercial Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Retail 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 Asia Commercial 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 SimplyWall St do have past financial data.
- Take a look at our analysis of 104’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Asia Commercial Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
How has Asia Commercial Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 104 is currently unprofitable.
Growing Profit Margin: 104 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 104 is unprofitable, but has reduced losses over the past 5 years at a rate of 18.6% per year.
Accelerating Growth: Unable to compare 104's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 104 is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-24.9%).
Return on Equity
High ROE: 104 has a negative Return on Equity (-43.56%), as it is currently unprofitable.
How is Asia Commercial Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 104's short term assets (HK$321.5M) do not cover its short term liabilities (HK$343.5M).
Long Term Liabilities: 104's short term assets (HK$321.5M) exceed its long term liabilities (HK$121.9M).
Debt to Equity History and Analysis
Debt Level: 104's debt to equity ratio (47.3%) is considered high.
Reducing Debt: 104's debt to equity ratio has increased from 26.3% to 47.3% over the past 5 years.
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.
Stable Cash Runway: Insufficient data to determine if 104 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 104 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Asia Commercial Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 104's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 104'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 104's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 104's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 104 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 104'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
Asia Commercial Holdings has no CEO, or we have no data on them.
|Founder & Executive Chairman||13.75yrs||HK$6.05m||52.41% |
|Executive Director||5yrs||HK$842.00k||0.11% |
|Consultant & Executive Director||1.83yrs||HK$2.55m||0.095% |
|Independent Non-Executive Director||22yrs||HK$238.00k||no data|
|Independent Non-Executive Director||13.67yrs||HK$238.00k||no data|
Experienced Board: 104's board of directors are seasoned and experienced ( 13.7 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Asia Commercial Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Asia Commercial Holdings Limited
- Ticker: 104
- Exchange: SEHK
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: HK$254.022m
- Shares outstanding: 747.12m
- Website: https://www.asiacommercialholdings.com
Number of Employees
- Asia Commercial Holdings Limited
- The Hopewell Centre
- Room 3901
- Wan Chai
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|104||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Nov 1987|
Asia Commercial Holdings Limited, an investment holding company, engages in the retail and wholesale of watches in the People’s Republic of China and Switzerland. The company operates in two segments, Sale ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/03 12:55|
|End of Day Share Price||2020/07/31 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.