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1723

HK Asia Holdings SEHK:1723 Stock Report

Last Price

HK$0.27

Market Cap

HK$106.0m

7D

8.6%

1Y

-93.8%

Updated

25 Jun, 2022

Data

Company Financials
1723 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

1723 Stock Overview

HK Asia Holdings Limited, an investment holding company, engages in the wholesale and retail sale of the pre-paid products in Hong Kong.

HK Asia Holdings Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for HK Asia Holdings
Historical stock prices
Current Share PriceHK$0.27
52 Week HighHK$6.21
52 Week LowHK$0.20
Beta0.050
1 Month Change24.41%
3 Month Change15.72%
1 Year Change-93.84%
3 Year Change-95.92%
5 Year Changen/a
Change since IPO-87.50%

Recent News & Updates

Mar 09
HK Asia Holdings (HKG:1723) Could Be Struggling To Allocate Capital

HK Asia Holdings (HKG:1723) Could Be Struggling To Allocate Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...

Nov 03
Returns On Capital Signal Tricky Times Ahead For HK Asia Holdings (HKG:1723)

Returns On Capital Signal Tricky Times Ahead For HK Asia Holdings (HKG:1723)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...

Shareholder Returns

1723HK ElectronicHK Market
7D8.6%1.9%2.1%
1Y-93.8%-39.8%-23.3%

Return vs Industry: 1723 underperformed the Hong Kong Electronic industry which returned -39.8% over the past year.

Return vs Market: 1723 underperformed the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 1723's price volatile compared to industry and market?
1723 volatility
1723 Average Weekly Movement14.9%
Electronic Industry Average Movement6.5%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.8%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1723 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: 1723's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
199546Chi Fai Chunghttps://www.hkasiaholdings.com/hkasia

HK Asia Holdings Limited, an investment holding company, engages in the wholesale and retail sale of the pre-paid products in Hong Kong. It offers SIM cards and top-up vouchers, which allow users to make local and international phone calls, as well as access mobile data services. The company was founded in 1995 and is headquartered in Sheung Wan, Hong Kong.

HK Asia Holdings Fundamentals Summary

How do HK Asia Holdings's earnings and revenue compare to its market cap?
1723 fundamental statistics
Market CapHK$106.00m
Earnings (TTM)HK$6.38m
Revenue (TTM)HK$145.72m

16.6x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1723 income statement (TTM)
RevenueHK$145.72m
Cost of RevenueHK$101.35m
Gross ProfitHK$44.37m
Other ExpensesHK$37.99m
EarningsHK$6.38m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Jun 30, 2022

Earnings per share (EPS)0.016
Gross Margin30.45%
Net Profit Margin4.38%
Debt/Equity Ratio0%

How did 1723 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1723 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1723?

Other financial metrics that can be useful for relative valuation.

1723 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA15.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1723's PE Ratio compare to its peers?

1723 PE Ratio vs Peers
The above table shows the PE ratio for 1723 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average23x

Price-To-Earnings vs Peers: 1723 is good value based on its Price-To-Earnings Ratio (16.6x) compared to the peer average (23x).


Price to Earnings Ratio vs Industry

How does 1723's PE Ratio compare vs other companies in the Hong Kong Electronic Industry?

Price-To-Earnings vs Industry: 1723 is expensive based on its Price-To-Earnings Ratio (16.6x) compared to the Hong Kong Electronic industry average (7.1x)


Price to Earnings Ratio vs Fair Ratio

What is 1723's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1723 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1723's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1723 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1723's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1723's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1723's PEG Ratio to determine if it is good value.


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Future Growth

How is HK Asia Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.4%

Forecasted Tech 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 HK Asia 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.


Discover growth companies

  • Examine HK Asia Holdings'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.
  • HK Asia Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has HK Asia Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-9.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1723 has a high level of non-cash earnings.

Growing Profit Margin: 1723's current net profit margins (4.4%) are lower than last year (14.2%).


Past Earnings Growth Analysis

Earnings Trend: 1723's earnings have declined by 9% per year over the past 5 years.

Accelerating Growth: 1723's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1723 had negative earnings growth (-74.2%) over the past year, making it difficult to compare to the Electronic industry average (19.6%).


Return on Equity

High ROE: 1723's Return on Equity (4.1%) is considered low.


Discover strong past performing companies

Financial Health

How is HK Asia Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1723's short term assets (HK$156.1M) exceed its short term liabilities (HK$8.6M).

Long Term Liabilities: 1723 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1723 is debt free.

Reducing Debt: 1723 has no debt compared to 5 years ago when its debt to equity ratio was 15.4%.

Debt Coverage: 1723 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1723 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is HK Asia Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1723's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1723'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 1723's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1723's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1723 has not reported any payouts.


Discover strong dividend paying companies

Management

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

4.3yrs

Average board tenure


CEO

Chi Fai Chung (45 yo)

no data

Tenure

HK$704,000

Compensation

Mr. Chi Fai Chung is the General Manager of HK Asia Holdings Limited was appointed as a Director on 18 August 2017 and is re-designated as an Executive Director on 27 August 2018. Mr. Chung is primarily re...


CEO Compensation Analysis

Compensation vs Market: Chi Fai's total compensation ($USD89.69K) is below average for companies of similar size in the Hong Kong market ($USD233.11K).

Compensation vs Earnings: Chi Fai's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

Experienced Board: 1723's board of directors are considered experienced (4.3 years average tenure).


Ownership

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

Ownership Breakdown

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


Top Shareholders

Company Information

HK Asia Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: HK Asia Holdings Limited
  • Ticker: 1723
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Technology Distributors
  • Sector: Tech
  • Implied Market Cap: HK$106.000m
  • Shares outstanding: 400.00m
  • Website: https://www.hkasiaholdings.com/hkasia

Number of Employees


Location

  • HK Asia Holdings Limited
  • Chun Wo Commercial Centre
  • 24th Floor
  • Sheung Wan
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.