tiprankstipranks
Trending News
More News >
Asia Commercial Holdings Limited (HK:0104)
:0104
Hong Kong Market
Advertisement

Asia Commercial Holdings Limited (0104) AI Stock Analysis

Compare
2 Followers

Top Page

HK:0104

Asia Commercial Holdings Limited

(0104)

Select Model
Select Model
Select Model
Neutral 69 (OpenAI - 4o)
Rating:69Neutral
Price Target:
HK$0.50
▲(117.39% Upside)
The overall stock score reflects a strong valuation with a low P/E ratio and high dividend yield, making it attractive for value and income investors. Financial performance shows a positive trajectory with robust revenue growth and strong cash flow, though operational efficiency needs improvement. Technical analysis indicates a lack of bullish momentum, which is a concern for short-term investors.

Asia Commercial Holdings Limited (0104) vs. iShares MSCI Hong Kong ETF (EWH)

Asia Commercial Holdings Limited Business Overview & Revenue Model

Company DescriptionAsia Commercial Holdings Limited, an investment holding company, engages in the retail and wholesale of watches in Hong Kong, the People's Republic of China, and Switzerland. The company operates in two segments, Sale of Watches and Properties Leasing. It is also involved in the assembly and marketing of gold and jewelry watches; property holding, development, investment, and leasing activities; and brand development business. The company operates 6 stores in China. Asia Commercial Holdings Limited was incorporated in 1990 and is based in Wan Chai, Hong Kong.
How the Company Makes MoneyAsia Commercial Holdings Limited generates revenue through multiple streams. A significant portion comes from its property investment segment, where the company earns rental income from its commercial and residential properties. The trading of consumer goods contributes to revenue as well, with the company involved in importing and exporting various products, thus benefitting from sales margins. Additionally, the financial services sector may provide income through services such as advisory or brokerage, depending on market conditions. The company may also enter into partnerships with other entities for joint ventures or collaborations, further enhancing its income potential.

Asia Commercial Holdings Limited Financial Statement Overview

Summary
Asia Commercial Holdings Limited demonstrates a strong recovery in revenue growth and maintains healthy profit margins. The balance sheet shows improved leverage and a stable equity position, though profitability metrics like ROE have declined. Cash flow generation is a key strength, providing the company with financial flexibility. Overall, the company is on a positive trajectory, but attention to improving operational efficiency and profitability is needed.
Income Statement
72
Positive
The company has shown a strong revenue growth rate of 58.6% in the latest year, indicating a robust recovery. Gross profit margin is healthy at 32.8%, and the net profit margin has improved to 3.4%. However, the EBIT and EBITDA margins have slightly decreased compared to previous years, suggesting some operational challenges.
Balance Sheet
65
Positive
The debt-to-equity ratio has improved to 0.37, indicating better leverage management. Return on equity is modest at 5.5%, reflecting moderate profitability. The equity ratio stands at 61.9%, showing a stable financial structure. However, the overall return on equity has decreased over the years, which could be a concern for long-term profitability.
Cash Flow
78
Positive
Free cash flow growth is strong at 21.8%, and the free cash flow to net income ratio is nearly 1, indicating efficient cash generation relative to profits. The operating cash flow to net income ratio is 0.43, showing a solid cash conversion. Overall, the cash flow position is robust, supporting the company's financial flexibility.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue705.24M709.37M705.40M710.59M784.82M1.16B
Gross Profit232.27M232.51M234.37M228.86M225.08M232.14M
EBITDA97.24M95.99M105.49M124.98M164.98M138.29M
Net Income31.30M24.46M26.20M43.65M83.82M58.54M
Balance Sheet
Total Assets736.58M712.98M772.61M820.98M869.88M814.73M
Cash, Cash Equivalents and Short-Term Investments126.43M179.32M164.96M194.47M207.66M131.17M
Total Debt156.14M165.49M205.66M229.57M259.10M260.33M
Total Liabilities274.49M271.01M328.09M360.28M401.41M405.99M
Stockholders Equity462.10M441.97M444.52M460.71M468.48M413.60M
Cash Flow
Free Cash Flow84.53M102.97M67.67M80.27M148.00M129.98M
Operating Cash Flow84.86M103.31M70.49M92.15M167.34M133.27M
Investing Cash Flow-8.75M-12.18M-9.10M-22.54M6.96M-1.28M
Financing Cash Flow-64.22M-80.38M-82.39M-67.80M-103.80M-71.52M

Asia Commercial Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.23
Price Trends
50DMA
0.23
Negative
100DMA
0.22
Positive
200DMA
0.21
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
43.00
Neutral
STOCH
44.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0104, the sentiment is Negative. The current price of 0.23 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.23, and above the 200-day MA of 0.21, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.00 is Neutral, neither overbought nor oversold. The STOCH value of 44.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0104.

Asia Commercial Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
HK$395.32M6.2917.60%3.21%17.38%15.93%
69
Neutral
HK$171.84M7.015.52%11.64%0.56%-6.55%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
61
Neutral
€119.26M8.9812.58%-16.59%20.55%
54
Neutral
HK$169.05M36.21-0.06%-14.12%-104.76%
52
Neutral
HK$541.61M-363.59%-37.11%-223.08%
44
Neutral
HK$688.88M-3.08%-33.28%91.18%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0104
Asia Commercial Holdings Limited
0.23
0.05
27.78%
HK:0915
Daohe Global Group Limited
0.08
<0.01
13.64%
HK:1020
Cybernaut International Holdings Company Limited
0.13
0.05
62.50%
HK:1572
China Art Financial Holdings Ltd
0.10
-0.03
-23.08%
HK:1861
Precious Dragon Technology Holdings Ltd.
1.69
-0.05
-2.87%
HK:0620
DTXS Silk Road Investment Holdings Company Limited
0.88
0.58
193.33%

Asia Commercial Holdings Limited Corporate Events

Asia Commercial Holdings Limited Announces Key AGM Agenda and Share Repurchase Plan
Jul 24, 2025

Asia Commercial Holdings Limited has announced its upcoming Annual General Meeting scheduled for August 27, 2025, where it will address several key business matters. These include the consideration of audited financial statements, the declaration of a final dividend, re-election of directors, and authorization of directors’ and auditor’s remuneration. Additionally, the company seeks approval for a share repurchase program, allowing the repurchase of up to 10% of its issued shares, which could impact its market positioning by potentially increasing shareholder value.

Asia Commercial Holdings Limited Reports Annual Results for 2025
Jun 26, 2025

Asia Commercial Holdings Limited reported its annual results for the year ending March 31, 2025, showing a slight increase in revenue to HK$709 million, up 1% from the previous year. However, the company experienced an 8% decrease in profit attributable to owners, totaling HK$24 million. The financial results indicate a challenging year with a decrease in total assets by 8% and a reduction in the proposed final dividend by 23%, reflecting the company’s cautious approach amidst market uncertainties.

Asia Commercial Holdings Declares Final Dividend for FY 2025
Jun 26, 2025

Asia Commercial Holdings Limited has announced a final ordinary cash dividend of HKD 0.02677 per share for the financial year ending March 31, 2025. The dividend will be paid on September 16, 2025, following shareholder approval on August 27, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.

Asia Commercial Holdings Schedules Board Meeting for Financial Results Approval
Jun 16, 2025

Asia Commercial Holdings Limited has announced a board meeting scheduled for June 26, 2025, to approve the final results for the fiscal year ending March 31, 2025. This meeting is significant as it will determine the company’s financial performance and could impact its market positioning and stakeholder interests.

Asia Commercial Holdings Issues Profit Warning Amid Market Challenges
Jun 3, 2025

Asia Commercial Holdings Limited has issued a profit warning, indicating a projected net profit of not less than HK$18 million for the year ended 31 March 2025, a decrease of approximately 31% from the previous year. The decline is attributed to increased revaluation losses on investment properties and higher income tax expenses, although these were partially offset by a government subsidy. Despite these challenges, the company’s core business operations have remained stable, maintaining a satisfactory financial position.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 09, 2025