SEHK:1737

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Executive Summary

A & S Group (Holdings) Limited, an investment holding company, provides air freight forwarding ground handling, and air cargo terminal operating services in Hong Kong. More Details


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has A & S Group (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1737's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.8%

1737

-1.5%

HK Logistics

-0.7%

HK Market


1 Year Return

-6.9%

1737

4.1%

HK Logistics

0.4%

HK Market

Return vs Industry: 1737 underperformed the Hong Kong Logistics industry which returned 2.6% over the past year.

Return vs Market: 1737 underperformed the Hong Kong Market which returned 0.3% over the past year.


Shareholder returns

1737IndustryMarket
7 Day-1.8%-1.5%-0.7%
30 Day10.2%12.0%4.9%
90 Day12.5%30.4%1.2%
1 Year-6.9%-6.9%9.4%4.1%4.6%0.4%
3 Yearn/a-18.2%-27.4%-7.1%-17.2%
5 Yearn/a-16.6%-30.9%15.0%-4.5%

Price Volatility Vs. Market

How volatile is A & S Group (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is A & S Group (Holdings) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1737 (HK$0.11) is trading below our estimate of fair value (HK$1.78)

Significantly Below Fair Value: 1737 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1737 is unprofitable, so we can't compare its PE Ratio to the HK Logistics industry average.

PE vs Market: 1737 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 1737's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1737 is good value based on its PB Ratio (0.6x) compared to the HK Logistics industry average (0.9x).


Next Steps

Future Growth

How is A & S Group (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.8%

Forecasted Transportation 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 A & S Group (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 A & S Group (Holdings) performed over the past 5 years?

-68.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1737 is currently unprofitable.

Growing Profit Margin: 1737 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1737 is unprofitable, and losses have increased over the past 5 years at a rate of 68.9% per year.

Accelerating Growth: Unable to compare 1737's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1737 is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-14.5%).


Return on Equity

High ROE: 1737 has a negative Return on Equity (-4.92%), as it is currently unprofitable.


Next Steps

Financial Health

How is A & S Group (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 1737's short term assets (HK$217.9M) exceed its short term liabilities (HK$83.3M).

Long Term Liabilities: 1737's short term assets (HK$217.9M) exceed its long term liabilities (HK$48.0M).


Debt to Equity History and Analysis

Debt Level: 1737's debt to equity ratio (8.6%) is considered satisfactory.

Reducing Debt: 1737's debt to equity ratio has reduced from 136.8% to 8.6% over the past 5 years.

Debt Coverage: 1737's debt is well covered by operating cash flow (253.7%).

Interest Coverage: Insufficient data to determine if 1737's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is A & S Group (Holdings) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1737's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1737'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 1737's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1737'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 1737'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?

3.3yrs

Average management tenure


CEO

Albert Chiu (57 yo)

3.25yrs

Tenure

HK$1,868,000

Compensation

Mr. Tat Ting Chiu, also known as Albert, has been the Chief Executive Officer and Executive Director of A & S Group (Holdings) Limited since July 3, 2017. Mr. Chiu first joined the A & S Group (Holdings) L ...


CEO Compensation Analysis

Compensation vs Market: Albert's total compensation ($USD241.03K) is about average for companies of similar size in the Hong Kong market ($USD232.49K).

Compensation vs Earnings: Albert's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Kwok Leung Law
Executive Chairman & Compliance Officer3.25yrsHK$4.64mno data
Tat Ting Chiu
CEO & Executive Director3.25yrsHK$1.87mno data
Kwok Ho Law
Executive Director4.25yrsHK$2.35mno data
Tai Lung Cheung
General Manager of Corporate Development3.25yrsno datano data
Lai Sim Wong
Human Resources Manager8.08yrsno datano data
Hoi Ying Ng
Company Secretary1.58yrsno datano data

3.3yrs

Average Tenure

42.5yo

Average Age

Experienced Management: 1737's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kwok Leung Law
Executive Chairman & Compliance Officer3.25yrsHK$4.64mno data
Tat Ting Chiu
CEO & Executive Director3.25yrsHK$1.87mno data
Kwok Ho Law
Executive Director4.25yrsHK$2.35mno data
Ngai Kit Kwan
Independent Non-Executive Director2.67yrsHK$120.00kno data
Chun Chung Ho
Independent Non-Executive Director2.67yrsHK$120.00kno data
Tak Meng Iu
Independent Non-Executive Director2.67yrsHK$120.00kno data

3.0yrs

Average Tenure

50.5yo

Average Age

Experienced Board: 1737's board of directors are not considered experienced ( 3 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

A & S Group (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: A & S Group (Holdings) Limited
  • Ticker: 1737
  • Exchange: SEHK
  • Founded: 2002
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: HK$109.000m
  • Shares outstanding: 1.00b
  • Website: https://www.asl.hk

Number of Employees


Location

  • A & S Group (Holdings) Limited
  • Tower 2, Ever Gain Plaza
  • Room 11
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1737SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMar 2018

Biography

A & S Group (Holdings) Limited, an investment holding company, provides air freight forwarding ground handling, and air cargo terminal operating services in Hong Kong. The company offers airfreight logisti ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 12:53
End of Day Share Price2020/10/28 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.