Executive Summary
HK Asia Holdings Limited, an investment holding company, engages in the wholesale and retail sale of the pre-paid products in Hong Kong.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with acceptable track record.
Share Price & News
How has HK Asia Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1723 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.2%
1723
0.8%
HK Electronic
3.4%
HK Market
1 Year Return
-20.0%
1723
-2.1%
HK Electronic
-7.8%
HK Market
Return vs Industry: 1723 underperformed the Hong Kong Electronic industry which returned -2.1% over the past year.
Return vs Market: 1723 underperformed the Hong Kong Market which returned -7.8% over the past year.
Shareholder returns
| 1723 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | 0.8% | 3.4% |
| 30 Day | -3.9% | -0.8% | -1.4% |
| 90 Day | -13.5% | -14.8% | -5.8% |
| 1 Year | -17.7%-20.0% | -0.02%-2.1% | -4.8%-7.8% |
| 3 Year | n/a | -19.9%-26.0% | -2.6%-12.4% |
| 5 Year | n/a | 7.8%-6.1% | -13.6%-27.0% |
Price Volatility Vs. Market
How volatile is HK Asia Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are HK Asia Holdings Limited's (HKG:1723) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?3 weeks ago | Simply Wall St
Investors Who Bought HK Asia Holdings (HKG:1723) Shares A Year Ago Are Now Down 13%1 month ago | Simply Wall St
HK Asia Holdings (HKG:1723) Is Growing Earnings But Are They A Good Guide?Valuation
Is HK Asia Holdings undervalued compared to its fair value and its price relative to the market?
50.27x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 1723's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 1723's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 1723 is poor value based on its PE Ratio (50.3x) compared to the Electronic industry average (8.9x).
PE vs Market: 1723 is poor value based on its PE Ratio (50.3x) compared to the Hong Kong market (9.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1723's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1723 is overvalued based on its PB Ratio (8.3x) compared to the HK Electronic industry average (0.7x).
Next Steps
Future Growth
How is HK Asia Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.3%
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.
Next Steps
- 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.
- Explore growth companies in the Tech industry.
Past Performance
How has HK Asia Holdings performed over the past 5 years?
-5.1%
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 (13.7%) are higher than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: 1723's earnings have declined by -5.1% per year over the past 5 years.
Accelerating Growth: 1723's earnings growth over the past year (83.2%) exceeds its 5-year average (-5.1% per year).
Earnings vs Industry: 1723 earnings growth over the past year (83.2%) exceeded the Electronic industry -4.3%.
Return on Equity
High ROE: 1723's Return on Equity (16.5%) is considered low.
Next Steps
Financial Health
How is HK Asia Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1723's short term assets (HK$169.0M) exceed its short term liabilities (HK$11.9M).
Long Term Liabilities: 1723's short term assets (HK$169.0M) exceed its long term liabilities (HK$1.4M).
Debt to Equity History and Analysis
Debt Level: 1723 is debt free.
Reducing Debt: 1723 had no debt 5 years ago.
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
Next Steps
Dividend
What is HK Asia Holdings's current dividend yield, its reliability and sustainability?
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1723'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?
2.9yrs
Average management tenure
CEO
Chi Fai Chung (43yo)
no data
Tenure
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 ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | HK$325.00k | 70.97% HK$968.1m | |
| GM & Executive Director | no data | no data | no data | |
| CFO & Joint Company Secretary | 2.92yrs | no data | no data | |
| Administration Manager | 2.92yrs | no data | no data | |
| Joint Company Secretary | 1.17yrs | no data | no data |
2.9yrs
Average Tenure
55yo
Average Age
Experienced Management: 1723's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | HK$325.00k | 70.97% HK$968.1m | |
| GM & Executive Director | no data | no data | no data | |
| Independent Non-Executive Director | 1.83yrs | no data | no data | |
| Independent Non-Executive Director | 1.83yrs | no data | no data | |
| Independent Non-Executive Director | 1.83yrs | no data | no data | |
| Non-Executive Director | 2.83yrs | no data | no data | |
| Non-Executive Director | 2.83yrs | no data | no data | |
| Independent Non-Executive Director | 1.83yrs | no data | no data |
1.8yrs
Average Tenure
58.5yo
Average Age
Experienced Board: 1723's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 1723 insiders have only sold shares 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 company bio, 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
- Market Cap: HK$1.364b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1723 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Sep 2018 |
Biography
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 that enable 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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/02 13:41 |
| End of Day Share Price | 2020/06/02 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.