International Business Settlement Holdings Limited (0147) AI Stock Analysis

• Market Cap: HK$1.16B
• Dividend Yield: N/A
• Average Volume (3M): 1.33M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.52
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 73
• Sector: Real Estate
• Sector Strength: 63
• Industry: Real Estate - Development
• EPS (TTM): >-0.01
• Shares Outstanding: 20,319,072,000
• 10 Day Avg. Volume: 692,500
• 30 Day Avg. Volume: 1,332,500
• PEG Ratio: 0.53
• Price to Book (P/B): 2.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.29
• 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: 42 Neutral
• Price Target: ―

The overall stock score reflects significant financial challenges, with declining revenues and ongoing net losses as critical concerns. While technical indicators suggest some neutral momentum, the lack of profitability and dividends complicates valuation, creating a high-risk investment profile.

International Business Settlement Holdings Limited Business Overview & Revenue Model

Company Description

International Business Settlement Holdings Limited, an investment holding company, engages in the property development business primarily in the People's Republic of China. The company operates through Property Development, Hotel Business, International Business Settlement, Financing Business, Leasing And Trading Of Computer Equipment Business, and Contact Lens Business segments. It develops and sells commercial and residential properties; and undertakes land development activities for car parking spaces. The company also provides settlement and clearing services for commercial and individual customers with the electronic money institution license; and hotel development and management services, as well as manufactures and sells disposable contact lens. In addition, it is involved in the provision of money lending, finance leasing, factoring, and other related services; and encrypted distributed storage space through leasing of servers and trading of computer equipment, as well as consultancy and goods trading activities. The company was formerly known as Chaoyue Group Limited and changed its name to International Business Settlement Holdings Limited in December 2016. The company is headquartered in Causeway Bay, Hong Kong. International Business Settlement Holdings Limited is a subsidiary of Long Grand Limited.

How the Company Makes Money

The company makes money by offering a range of financial services that facilitate cross-border transactions. Key revenue streams include transaction fees from financial settlements, currency exchange services, and trade financing solutions. The company may also generate income through strategic partnerships with financial institutions and technology providers, enhancing its service offerings and expanding its client base. Additionally, its involvement in the development of digital payment platforms and blockchain technology may contribute to its earnings by providing cutting-edge solutions for international business settlements.

International Business Settlement Holdings Limited Financial Statement Overview

Summary

International Business Settlement Holdings Limited faces significant financial challenges, with declining revenues and persistent net losses impacting both income and cash flow statements. The balance sheet shows moderate leverage but declining equity, increasing financial risk. The company must address these critical issues to stabilize and improve its financial health.

Income Statement

The company has seen a significant decline in total revenue from HKD 865.7 million to HKD 173.7 million, marking an 80% decrease. Gross profit margin improved slightly from 28.94% to 21.02%, but net income remains negative, indicating ongoing profitability challenges. Net profit margin was -34.35% for the latest annual report, showing a troubling net loss. The EBIT margin improved marginally to 9.99%, but the overall financial performance remains weak, with negative growth trends.

Balance Sheet

The debt-to-equity ratio is at 1.01, indicating a moderate level of leverage. However, the stockholders' equity has decreased, and total assets have also declined. The equity ratio stands at 26.99%, reflecting a reduced portion of assets funded by equity. The balance sheet shows increased risk due to a shrinking equity base and relatively high leverage.

Cash Flow

The company reported a negative free cash flow of HKD 104.1 million, although it improved from a more negative figure last year. Operating cash flow is negative at HKD 24.6 million, indicating cash flow challenges. The free cash flow to net income ratio is negative, reflecting poor cash generation relative to net losses. Overall, cash flow remains a concern with limited improvement.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
106.86M	173.69M	865.70M	304.42M	85.52M	393.54M
	Gross Profit
13.77M	36.52M	250.53M	17.75M	21.20M	64.41M
	EBIT
2.51M	17.36M	178.27M	-104.14M	-140.00M	-118.61M
	EBITDA
55.73M	116.18M	144.65M	-114.08M	-126.93M	-103.84M
	Net Income Common Stockholders
-47.75M	-59.67M	-72.72M	-119.14M	-132.28M	-175.49M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
326.08M	334.52M	269.69M	522.87M	633.06M	711.19M
	Total Assets
1.95B	1.97B	2.38B	3.16B	3.36B	2.97B
	Total Debt
610.05M	537.95M	830.50M	846.43M	801.99M	630.92M
	Net Debt
283.97M	203.44M	560.81M	323.56M	168.93M	-80.27M
	Total Liabilities
1.46B	1.39B	1.76B	2.44B	2.52B	1.99B
	Stockholders Equity
480.33M	530.85M	589.65M	673.46M	774.33M	896.50M
Cash Flow		Free Cash Flow
8.46M	-104.08M	-284.13M	-158.17M	-119.18M	-327.53M
	Operating Cash Flow
8.46M	-24.58M	18.10M	-55.61M	3.34M	-18.38M
	Investing Cash Flow
-14.73M	-97.41M	-302.14M	-95.16M	-121.30M	-240.38M
	Financing Cash Flow
-6.63M	175.36M	31.88M	22.62M	33.12M	61.35M

International Business Settlement Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0147, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.57 is Neutral, neither overbought nor oversold. The STOCH value of 111.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0147.

International Business Settlement Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0640	75 Outperform	HK$585.89M	5.05	20.67%	8.57%	25.95%	44.16%
0863	63 Neutral	HK$7.87B	172.38	6.56%	―	78.59%	―
Sector *	61 Neutral	$2.86B	10.96	0.41%	6.08%	5.73%	-21.25%
0338	61 Neutral	$26.57B	38.92	0.58%	―	-8.96%	―
6178	61 Neutral	€80.29B	12.73	4.53%	5.61%	0.05%	-32.78%
0147	42 Neutral	HK$1.16B	―		―	―	―

International Business Settlement Holdings Limited Corporate Events

International Business Settlement Holdings Acquires Full Equity in Target Company

International Business Settlement Holdings Limited has announced a transaction involving the acquisition of 100% equity interests in a target company for RMB5 million. This acquisition is classified as a discloseable transaction under the Hong Kong Listing Rules, requiring notification and announcement due to its size. The consideration for the acquisition was calculated after a loan waiver, and the company’s directors consider the terms fair and beneficial for the group and its shareholders.