ITC Properties Group Limited (0199) AI Stock Analysis

• Market Cap: HK$195.05M
• Dividend Yield: N/A
• Average Volume (3M): 120.60K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.03
• Revenue Growth: -70.49%
• EPS Growth: -129.16%
• Country: HK
• Employees: 112
• Sector: Consumer Cyclical
• Sector Strength: 65
• Industry: Travel Lodging
• EPS (TTM): -0.34
• Shares Outstanding: 907,198,400
• 10 Day Avg. Volume: 96,964
• 30 Day Avg. Volume: 120,599
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.08
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.41
• 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: 44 Neutral
• Price Target: ―

ITC Properties Group Limited's stock score is driven primarily by its financial challenges, particularly negative profitability and cash flow issues. While the short-term price movement shows slight improvement, the overall technical indicators remain bearish. The negative P/E ratio also highlights valuation concerns. The company needs to address these financial and operational challenges to improve its stock performance.

ITC Properties Group Limited Business Overview & Revenue Model

Company Description

ITC Properties Group Limited, an investment holding company, primarily engages in the property development and investment activities in the People's Republic of China, Hong Kong, Canada, Macau, the United Kingdom, and internationally. It operates through Property, Hotel and Leisure, Securities Investments, and Finance segments. The company is also involved in the investment, development, and operation of hotels and resorts; operation of restaurants; trading and investment of securities; and provision of loan financing, and management services. In addition, it engages in the money lending business. The company was incorporated in 1994 and is based in Central, Hong Kong.

How the Company Makes Money

ITC Properties Group Limited generates revenue primarily through its property development and investment activities. The company develops residential, commercial, and mixed-use properties, which are sold or leased to generate income. Additionally, it operates hotels and leisure facilities, which contribute to its revenue through guest accommodations, dining, and event services. The company also engages in securities investment, providing another income stream through dividends, interest, and capital gains from its investment portfolio. Strategic partnerships and joint ventures in property development projects further enhance its revenue potential by leveraging shared expertise and resources.

ITC Properties Group Limited Financial Statement Overview

Summary

ITC Properties Group Limited faces significant financial challenges, including negative profitability metrics, declining revenue trends, and ongoing cash flow issues. The balance sheet shows moderate debt management stability, but the negative return on equity highlights performance issues. Immediate improvements in operational efficiencies and revenue generation are necessary.

Income Statement

ITC Properties Group Limited shows declining revenues over the past years, with a negative growth rate in recent periods. The company continues to experience negative margins, including gross profit, EBIT, and net profit margins, indicating ongoing struggles with profitability. Although there was a slight increase in revenue from the previous period, the overall trajectory remains concerning.

Balance Sheet

The company's balance sheet shows a moderate debt-to-equity ratio, indicating a relatively balanced financial structure. However, the equity ratio has been declining, reflecting potential financial instability. The return on equity is negative due to consistent net losses, which is a significant concern for shareholders.

Cash Flow

Cash flow from operations remains negative, with no improvement over recent periods, affecting the company's liquidity position. The free cash flow to net income ratio is also negative, highlighting cash flow challenges. While capital expenditure remains low, the lack of positive free cash flow growth is worrying.

Breakdown	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	111.08M	93.90M	337.34M	262.08M	216.18M
Gross Profit	-45.69M	-4.76M	45.16M	72.08M	84.85M
EBITDA	-202.98M	-207.26M	-219.47M	-211.65M	-464.30M
Net Income	-644.89M	-146.91M	566.16M	-662.16M	-971.00M
Balance Sheet
Total Assets	4.75B	5.68B	6.71B	6.60B	7.89B
Cash, Cash Equivalents and Short-Term Investments	49.13M	91.87M	324.13M	429.63M	708.64M
Total Debt	1.37B	1.44B	1.46B	2.69B	3.27B
Total Liabilities	1.68B	1.88B	2.51B	3.11B	3.83B
Stockholders Equity	2.93B	3.61B	3.99B	3.49B	4.06B
Cash Flow
Free Cash Flow	-48.63M	-143.13M	-151.90M	72.56M	108.91M
Operating Cash Flow	-46.49M	-125.14M	-149.97M	88.24M	114.35M
Investing Cash Flow	20.90M	-4.66M	447.52M	367.01M	226.35M
Financing Cash Flow	-10.80M	-99.57M	-317.99M	-734.17M	-243.70M

ITC Properties Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.21
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0199, the sentiment is Negative. The current price of 0.21 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.21, and below the 200-day MA of 0.23, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 40.23 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0199.

ITC Properties Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$16.78B	10.88	-7.08%	3.04%	1.73%	-25.15%
0253	52 Neutral	HK$154.73M	―	-4.03%	―	12.86%	-269.71%
0201	52 Neutral	HK$662.08M	―	-1.07%	―	16.36%	-35.14%
0219	46 Neutral	HK$317.20M	―	-4.04%	―	12.86%	-297.41%
0199	44 Neutral	HK$195.05M	―	-31.95%	―	-70.49%	-129.16%
CQA2	―	€22.37M	―	-17.37%	―	―	―
0617	44 Neutral	HK$339.95M	―	-18.37%	―	-2.69%	-53.59%

ITC Properties Group Limited Corporate Events

ITC Properties Secures Waiver Extension and Clarifies Disposal Announcement

ITC Properties Group Limited, incorporated in Bermuda, has received an additional waiver from the Hong Kong Stock Exchange to extend the dispatch date of a circular regarding a major transaction. This extension, granted until 17 January 2025, allows the company more time for preparation and obliges them to disclose the reasons for the delay. Additionally, the company clarified a clerical error in a previous announcement regarding the disposal approach.