SEHK:1723

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HK Asia Holdings

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.


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

1723IndustryMarket
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 Yearn/a-19.9%-26.0%-2.6%-12.4%
5 Yearn/a7.8%-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

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

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

NamePositionTenureCompensationOwnership
Muk Lung Siu
Chairmanno dataHK$325.00k70.97% HK$968.1m
Chi Fai Chung
GM & Executive Directorno datano datano data
Him Chan
CFO & Joint Company Secretary2.92yrsno datano data
Yuet Ngo Cheung
Administration Manager2.92yrsno datano data
Yiu Chung Au Yeung
Joint Company Secretary1.17yrsno datano data

2.9yrs

Average Tenure

55yo

Average Age

Experienced Management: 1723's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Muk Lung Siu
Chairmanno dataHK$325.00k70.97% HK$968.1m
Chi Fai Chung
GM & Executive Directorno datano datano data
Kwan Ho Lee
Independent Non-Executive Director1.83yrsno datano data
Kam Chau Fok
Independent Non-Executive Director1.83yrsno datano data
Wai Leung Kwok
Independent Non-Executive Director1.83yrsno datano data
Ritchie Ma
Non-Executive Director2.83yrsno datano data
Kin Lun Lam
Non-Executive Director2.83yrsno datano data
Hei Lok Shiao
Independent Non-Executive Director1.83yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1723SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 13:41
End of Day Share Price2020/06/02 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.