Hongkong & Shanghai Hotels (0045) AI Stock Analysis

• Market Cap: HK$10.47B
• Dividend Yield: N/A
• Average Volume (3M): 100.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.30
• Revenue Growth: -12.90%
• EPS Growth: -95.96%
• Country: HK
• Employees: 7,836
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Travel Lodging
• EPS (TTM): N/A
• Shares Outstanding: 1,666,939,800
• 10 Day Avg. Volume: 63,167
• 30 Day Avg. Volume: 100,255
• PEG Ratio: 0.01
• Price to Book (P/B): 0.29
• Price to Sales (P/S): 1.00
• P/FCF Ratio: 2.54
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: HK$6.00 ▼(-1.48% Downside)

The overall stock score is primarily influenced by strong financial stability and cash flow, despite ongoing profitability challenges. Technical indicators show a neutral trend, while valuation remains a concern due to negative earnings. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Cash Flow Strength

Strong free cash flow growth enhances financial flexibility and supports future investments, indicating a solid cash generation ability.

Operational Efficiency

Improved operational efficiency suggests better cost management and potential for future profitability, strengthening the business model.

Financial Stability

A strong equity position with moderate leverage indicates financial stability, providing a buffer against economic uncertainties.

Negative Factors

Profitability Challenges

Ongoing net losses and negative return on equity highlight profitability issues, which could hinder long-term growth and shareholder returns.

Revenue Decline

Declining revenue growth suggests potential market challenges or operational issues, impacting the company's ability to expand its market position.

Negative Net Profit Margin

A negative net profit margin indicates that the company is not currently profitable, which could affect its ability to invest in growth opportunities.

Hongkong & Shanghai Hotels Business Overview & Revenue Model

Company Description

Hongkong & Shanghai Hotels, Limited (HSH) is a leading hospitality and property investment company based in Hong Kong. Established in 1866, it operates luxury hotels, restaurants, and related services across Asia, Europe, and the United States, primarily under the iconic 'Peninsula' brand. The company's portfolio includes high-end hotels, residential properties, and commercial developments, focusing on delivering exceptional service and experiences to discerning travelers and residents.

How the Company Makes Money

HSH generates revenue primarily through its hotel operations, which include room bookings, food and beverage services, and event hosting. The company benefits from high occupancy rates and premium pricing due to its luxury positioning. Additional revenue streams come from its real estate investments, including leasing and property management, as well as income from its restaurants and retail outlets. Strategic partnerships with travel agencies, online booking platforms, and corporate clients also enhance its earnings. Seasonal promotions and loyalty programs further drive customer retention and revenue growth.

Hongkong & Shanghai Hotels Financial Statement Overview

Summary

Hongkong & Shanghai Hotels is experiencing solid revenue growth and improving operational efficiency. However, profitability remains a challenge with consistent net losses impacting return on equity. The balance sheet remains strong with a healthy equity ratio and manageable debt levels. Notably, the cash flow position is strong, enhancing the company's financial flexibility.

Income Statement

The company has shown significant revenue growth, with a 26.8% increase in 2024. However, despite the revenue growth, the net profit margin is negative due to a net loss of HKD 943 million. There is an improvement in EBIT and EBITDA margins compared to previous years, indicating better operational efficiency.

Balance Sheet

The balance sheet shows a strong equity position with an equity ratio of 65.4%, indicating financial stability. The debt-to-equity ratio stands at 0.45, reflecting moderate leverage. However, the return on equity is negative due to net losses, which is a concern for profitability.

Cash Flow

The company has a robust free cash flow growth of 248.9% in 2024, with free cash flow significantly improving to HKD 4.06 billion. The operating cash flow to net income ratio is positive, indicating healthy cash generation relative to accounting profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.96B	10.29B	8.11B	4.20B	3.46B	2.71B
Gross Profit	3.45B	3.42B	2.72B	1.43B	1.09B	433.00M
EBITDA	1.50B	1.40B	1.23B	279.00M	368.00M	-906.00M
Net Income	-784.00M	-943.00M	146.00M	-488.00M	-120.00M	-1.94B
Balance Sheet
Total Assets	55.95B	54.18B	57.87B	56.58B	55.69B	53.68B
Cash, Cash Equivalents and Short-Term Investments	832.00M	895.00M	881.00M	585.00M	479.00M	520.00M
Total Debt	17.57B	16.00B	18.65B	17.98B	16.48B	14.45B
Total Liabilities	20.39B	18.73B	21.49B	20.46B	18.82B	16.53B
Stockholders Equity	35.51B	35.40B	36.28B	36.02B	36.76B	36.84B
Cash Flow
Free Cash Flow	2.71B	4.06B	1.16B	-2.41B	-2.32B	-2.51B
Operating Cash Flow	3.15B	4.39B	3.41B	134.00M	163.00M	-1.03B
Investing Cash Flow	-1.12B	-1.28B	-2.60B	-2.74B	-2.60B	-2.31B
Financing Cash Flow	-1.43B	-3.10B	-654.00M	2.45B	2.24B	2.99B

Hongkong & Shanghai Hotels Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0045, the sentiment is Positive. The current price of 6.09 is below the 20-day moving average (MA) of 6.10, above the 50-day MA of 6.05, and above the 200-day MA of 5.80, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 72.95 is Negative, neither overbought nor oversold. The STOCH value of 92.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0045.

Hongkong & Shanghai Hotels Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1221	64 Neutral	HK$1.78B	16.87	2.49%	1.95%	-7.90%	58.19%
0184	62 Neutral	HK$789.26M	4.40	5.57%	4.67%	-3.51%	-31.41%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0069	59 Neutral	HK$17.47B	17.88	2.40%	3.05%	-0.04%	-15.56%
1270	58 Neutral	HK$1.82B	36.62	0.50%	3.37%	-22.04%	-90.42%
0201	56 Neutral	HK$635.24M	-22.90	-0.66%	―	3.97%	41.51%
0045	55 Neutral	HK$10.47B	-13.40	-2.21%	―	-12.90%	-95.96%

Hongkong & Shanghai Hotels Corporate Events

Hongkong and Shanghai Hotels Announces Board and Committee Appointments

The Hongkong and Shanghai Hotels, Limited has announced the composition of its Board of Directors and the members of its four key Board Committees. This announcement highlights the company’s governance structure, which includes a mix of executive, non-executive, and independent non-executive directors, ensuring a diverse and balanced leadership team. The roles and responsibilities within the Audit, Nomination, Remuneration, and Finance Committees are clearly defined, indicating a robust framework for corporate governance. This structure is likely to enhance the company’s strategic decision-making and operational oversight, potentially impacting its market positioning and stakeholder confidence positively.

The most recent analyst rating on (HK:0045) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on Hongkong & Shanghai Hotels stock, see the HK:0045 Stock Forecast page.

Hongkong & Shanghai Hotels Reports Q3 2025 Performance

The Hongkong and Shanghai Hotels, Limited released its unaudited operating statistics for the third quarter of 2025, showing varied performance across its hotel and leasing segments. The Peninsula Hotels experienced fluctuations in RevPAR, average room rates, and occupancy rates across different regions, with notable improvements in Europe and the USA compared to the previous year. In the leasing segment, the company maintained stable average monthly rents and occupancy rates, with residential and shopping arcades showing strong performance. These results reflect the company’s resilience and adaptability in a competitive market, with implications for stakeholders regarding potential growth and strategic positioning.

The most recent analyst rating on (HK:0045) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on Hongkong & Shanghai Hotels stock, see the HK:0045 Stock Forecast page.

Hongkong & Shanghai Hotels Enhances Board Governance with New Nomination Committee Terms

The Hongkong and Shanghai Hotels, Limited has outlined the terms of reference for its Nomination Committee, which is tasked with ensuring the effective governance and strategic alignment of the company’s board. The Committee’s responsibilities include reviewing the board’s composition, diversity, and succession planning, as well as assessing director independence and professional development. This initiative aims to strengthen the company’s leadership structure and support its long-term success, reflecting a commitment to maintaining high standards of corporate governance.

The most recent analyst rating on (HK:0045) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on Hongkong & Shanghai Hotels stock, see the HK:0045 Stock Forecast page.

Hongkong & Shanghai Hotels Sets New Remuneration Committee Guidelines

The Hongkong and Shanghai Hotels, Limited has outlined the terms of reference for its Remuneration Committee, emphasizing transparency and fairness in the remuneration policies for directors and senior management. The committee is tasked with reviewing and recommending remuneration packages, ensuring alignment with corporate goals, and maintaining fair compensation practices, which could impact the company’s governance and stakeholder trust.

The most recent analyst rating on (HK:0045) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on Hongkong & Shanghai Hotels stock, see the HK:0045 Stock Forecast page.

Hongkong & Shanghai Hotels Strengthens Audit Oversight

The Hongkong and Shanghai Hotels, Limited has outlined the terms of reference for its Audit Committee, emphasizing the importance of financial oversight and risk management. The committee, composed mainly of Independent Non-Executive Directors, is tasked with ensuring the integrity of financial reporting, compliance with accounting standards, and effective risk management systems. This move is likely to enhance the company’s governance framework, potentially boosting stakeholder confidence and aligning with industry best practices.

The most recent analyst rating on (HK:0045) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on Hongkong & Shanghai Hotels stock, see the HK:0045 Stock Forecast page.