Associated International Hotels Limited (0105) AI Stock Analysis

• Market Cap: HK$1.87B
• Dividend Yield: 3.08%
• Average Volume (3M): 8.33K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: 2.38%
• EPS Growth: -13941.59%
• Country: HK
• Employees: 36
• Sector: Financial
• Sector Strength: 82
• Industry: Real Estate - Services
• EPS (TTM): -0.19
• Shares Outstanding: 360,000,000
• 10 Day Avg. Volume: 12,000
• 30 Day Avg. Volume: 8,333
• PEG Ratio: 0.03
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 11.52
• 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

• Rating: 64 Neutral
• Price Target: ―

The company's solid balance sheet and strong cash flow generation provide financial resilience, contributing positively to the overall score. Technical indicators suggest a bullish trend, though lacking comprehensive momentum analysis. The negative P/E ratio raises concerns, but the high dividend yield offers some compensation. Overall, the stock reflects strong financial stability, but valuation issues and declining revenue trends pose risks.

Associated International Hotels Limited Business Overview & Revenue Model

Company Description

Associated International Hotels Limited (0105) is a company engaged in the hospitality sector, focusing primarily on the ownership, development, and management of hotel properties. The company is known for providing premium lodging services and facilities, aiming to cater to both business and leisure travelers. It operates various hotel brands, offering a range of amenities and accommodations to meet diverse customer needs.

How the Company Makes Money

Associated International Hotels Limited generates revenue primarily through its hotel operations. This includes income from room bookings, food and beverage sales, and event hosting services. The company may also lease retail and commercial spaces within its hotel properties, contributing to its revenue streams. Key factors influencing its earnings include occupancy rates, average daily rates, and customer satisfaction levels. The company might also engage in strategic partnerships with travel agencies, online booking platforms, and corporate clients to enhance its market reach and drive sales.

Associated International Hotels Limited Financial Statement Overview

Summary

Associated International Hotels Limited shows a mixed financial performance. Income statement metrics indicate improved profitability and operational efficiency, despite declining revenues. The balance sheet is highly stable with minimal debt and strong equity, providing financial resilience. Cash flow metrics demonstrate robust cash generation capacity, although the company faced challenges in maintaining consistent revenue growth. Overall, the company appears financially sound with positive trends in profitability and cash flows.

Income Statement

The company shows a declining revenue trend with a notable drop from 2020 to 2024. Gross profit margin improved to 67.72% in 2024 from 71.46% in 2023, while net profit margin turned positive to 128.97% from a negative margin in 2023, indicating improved profitability. However, the company's revenue growth rate is negative, showing a decline of 2.38% in 2024. EBIT and EBITDA margins have improved significantly in 2024, reflecting strong operational performance after a challenging previous year.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.03, indicating low financial leverage. The equity ratio remains high at 94.46%, suggesting a solid equity base. Return on equity improved significantly from negative to 4.79% in 2024, enhancing shareholder value. The company maintains a robust asset position with more equity than liabilities, indicating financial stability.

Cash Flow

Free cash flow growth rate is 37.55% in 2024, showing strong cash generation. The operating cash flow to net income ratio is positive at 0.49, indicating efficient conversion of income to cash flows. However, free cash flow to net income is slightly lower at 0.48. The cash flow statement reflects improved liquidity and cash management, despite fluctuations in operating cash flows over the years.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	296.78M	292.14M	299.28M	301.32M	434.18M	588.56M
Gross Profit	203.24M	197.84M	213.93M	212.15M	341.82M	497.77M
EBITDA	-47.34M	417.74M	192.03M	181.90M	319.76M	465.11M
Net Income	-571.20M	376.76M	-1.58B	-1.12B	-1.53B	-912.86M
Balance Sheet
Total Assets	8.32B	8.32B	8.07B	9.80B	11.06B	12.79B
Cash, Cash Equivalents and Short-Term Investments	506.52M	506.52M	452.42M	440.76M	373.70M	421.90M
Total Debt	201.41M	201.41M	201.49M	200.00M	201.65M	201.72M
Total Liabilities	461.53M	461.53M	449.54M	482.93M	481.00M	502.58M
Stockholders Equity	7.86B	7.86B	7.62B	9.32B	10.58B	12.28B
Cash Flow
Free Cash Flow	160.29M	181.96M	132.26M	185.82M	145.93M	301.52M
Operating Cash Flow	160.82M	183.69M	137.19M	187.99M	147.63M	305.29M
Investing Cash Flow	24.69M	22.55M	-4.31M	18.80M	-12.71M	18.75M
Financing Cash Flow	-276.09M	-152.15M	-121.22M	-139.72M	-183.13M	-413.46M

Associated International Hotels Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0105, the sentiment is Positive. The current price of 5.2 is above the 20-day moving average (MA) of 5.17, above the 50-day MA of 5.13, and above the 200-day MA of 5.09, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 54.21 is Neutral, neither overbought nor oversold. The STOCH value of 24.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0105.

Associated International Hotels Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0101	77 Outperform	$38.22B	16.45	1.63%	10.47%	9.02%	-47.36%
0016	74 Outperform	HK$269.20B	15.45	2.88%	4.09%	20.91%	-29.29%
0083	69 Neutral	HK$79.61B	20.94	2.17%	1.72%	-30.38%	-43.73%
0105	64 Neutral	HK$1.87B	―	-7.47%	3.08%	2.38%	-13941.59%
0012	62 Neutral	$140.64B	22.34	1.94%	8.95%	-7.64%	-32.01%
Sector *	58 Neutral	$12.97B	5.12	-2.61%	5.35%	5.83%	-54.44%