Tsim Sha Tsui Properties Limited (0247) AI Stock Analysis

• Market Cap: HK$44.82B
• Dividend Yield: 2.83%
• Average Volume (3M): 217.00
• Price to Earnings (P/E): 18.9
• Beta (1Y): 0.12
• Revenue Growth: -0.53%
• EPS Growth: -9.84%
• Country: HK
• Employees: 9,700
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.59
• Shares Outstanding: 2,186,420,200
• 10 Day Avg. Volume: 1
• 30 Day Avg. Volume: 217
• PEG Ratio: -1.77
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 5.01
• P/FCF Ratio: 11.10
• 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: HK$20.50
• Price Target Upside: 0.00%
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: HK$22.50 ▲(9.76% Upside)

The stock's overall score is primarily driven by strong financial performance, particularly profitability and a solid balance sheet. However, technical indicators suggest the stock may be overbought, and valuation metrics indicate potential overvaluation. The absence of earnings call data and corporate events limits additional insights.

Tsim Sha Tsui Properties Limited Business Overview & Revenue Model

Company Description

Tsim Sha Tsui Properties Limited (0247) is a prominent property investment and development company based in Hong Kong. The company operates mainly in the real estate sector, focusing on residential, commercial, and retail properties. Tsim Sha Tsui Properties engages in acquiring, developing, and managing high-quality properties in prime locations, catering to both local and international markets.

How the Company Makes Money

The company generates revenue primarily through property rental income, property sales, and development projects. Its key revenue streams include leasing residential and commercial spaces, which provides a steady cash flow, alongside profits from selling developed properties. Additionally, Tsim Sha Tsui Properties may benefit from strategic partnerships with construction firms, real estate agents, and financial institutions, enhancing its market presence and operational efficiency. The company's success is also influenced by the demand dynamics in the Hong Kong property market, including factors such as tourism, economic growth, and urban development initiatives.

Tsim Sha Tsui Properties Limited Financial Statement Overview

Summary

Tsim Sha Tsui Properties Limited maintains a strong balance sheet with low leverage and a strong equity position. However, revenue and profit levels have decreased, impacting profitability. Cash flow generation is inconsistent, presenting potential liquidity concerns.

Income Statement

The company's revenue has decreased significantly over the years, with a steep decline from 2021 to 2024. Gross profit margin remained relatively strong, but net income has been decreasing, affecting the net profit margin adversely. The EBIT margin is robust in the recent period, reflecting good operational efficiency despite revenue challenges.

Balance Sheet

The company maintains a strong equity base with a significant portion of its assets financed by equity, as evidenced by a favorable equity ratio. The debt-to-equity ratio is low, indicating low financial leverage, which reduces financial risk. Return on equity has been declining, which could be a concern if it continues.

Cash Flow

Free cash flow has shown volatility with a positive position in the latest period after a previous negative year. Operating cash flow has fluctuated, impacting its reliability as a consistent source of cash. The free cash flow to net income ratio indicates good conversion of profits to cash in the latest period.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.34B	8.24B	8.82B	11.93B	15.70B	24.59B
Gross Profit	2.32B	3.91B	9.87B	5.40B	16.03B	13.54B
EBITDA	3.56B	4.74B	5.02B	4.48B	7.50B	13.25B
Net Income	1.29B	2.33B	2.51B	3.29B	3.16B	5.30B
Balance Sheet
Total Assets	185.51B	185.51B	182.17B	181.05B	180.72B	182.66B
Cash, Cash Equivalents and Short-Term Investments	52.27B	52.27B	47.37B	44.84B	45.65B	44.22B
Total Debt	2.73B	2.73B	1.71B	2.83B	4.04B	6.67B
Total Liabilities	14.71B	14.71B	14.99B	17.06B	21.58B	26.35B
Stockholders Equity	98.52B	98.52B	94.87B	91.59B	88.26B	85.07B
Cash Flow
Free Cash Flow	982.00M	3.72B	1.08B	-573.00M	6.41B	2.17B
Operating Cash Flow	1.07B	3.83B	1.15B	-573.00M	6.46B	2.21B
Investing Cash Flow	-8.05B	7.51B	-6.85B	539.00M	-14.28B	4.24B
Financing Cash Flow	-228.00M	-1.11B	-1.36B	-1.35B	-5.29B	-1.26B

Tsim Sha Tsui Properties Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0247, the sentiment is Positive. The current price of 20.5 is above the 20-day moving average (MA) of 20.30, above the 50-day MA of 20.01, and above the 200-day MA of 19.61, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 93.76 is Negative, neither overbought nor oversold. The STOCH value of 69.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0247.

Tsim Sha Tsui Properties Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1908	75 Outperform	HK$38.98B	5.98	20.21%	6.90%	1.26%	-0.20%
0247	68 Neutral	HK$44.82B	18.93	2.41%	2.83%	-0.53%	-9.84%
0083	67 Neutral	$92.87B	22.45	2.41%	5.67%	-0.48%	-13.78%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0960	59 Neutral	$71.40B	8.33	4.81%	3.40%	-16.02%	-30.04%
0683	52 Neutral	HK$29.64B	45.89	0.61%	6.61%	76.12%	-72.44%
0004	52 Neutral	$63.32B	―	-0.04%	1.93%	-39.77%	97.82%

Tsim Sha Tsui Properties Limited Corporate Events

Leadership Transition at Tsim Sha Tsui Properties Limited

Tsim Sha Tsui Properties Limited has announced a significant leadership change, with Mr. Robert Ng Chee Siong retiring as Chairman and Executive Director effective August 31, 2025. He will be succeeded by Mr. Daryl Ng Win Kong, who has been with the company since 2003 and holds various leadership roles within its subsidiaries. This transition marks a new phase for the company, as it continues its focus on sustainable growth and development under new leadership.

Tsim Sha Tsui Properties Schedules Board Meeting for Year-End Results and Dividend Decision

Tsim Sha Tsui Properties Limited has announced that its board of directors will meet on August 27, 2025, to approve the final results for the fiscal year ending June 30, 2025, and to consider recommending a final dividend. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and future dividend policies, potentially impacting investor confidence and market positioning.

Tsim Sha Tsui Properties Limited Enhances Board Governance with New Nomination Committee

Tsim Sha Tsui Properties Limited has established a Nomination Committee to ensure a fair and transparent process for the election and re-election of its Board members. The Committee is tasked with reviewing the Board’s structure, identifying suitable candidates for directorships, assessing the independence of directors, and supporting succession planning. This move aims to align the Board’s composition with the company’s corporate strategy and enhance its governance practices.

Tsim Sha Tsui Properties Announces Board Changes

Tsim Sha Tsui Properties Limited has announced the retirement of Mr. Steven Ong Kay Eng from his roles as an Independent Non-Executive Director, a member of the Audit Committee, and the Chairman of the Remuneration Committee, effective July 1, 2025, as he wishes to spend more time with his family. The company appreciates Mr. Ong’s contributions and has appointed The Honourable Rock Chen Chung-nin as his successor. Mr. Chen, a seasoned professional with over 30 years in the financial industry, will also join the Audit and Nomination Committees. Additionally, changes in the composition of board committees include Mr. Adrian David Li Man-kiu becoming the Chairman of the Remuneration Committee, and Ms. Nikki Ng Mien Hua joining the Nomination Committee.

Tsim Sha Tsui Properties Announces New Board Structure

Tsim Sha Tsui Properties Limited has announced the composition of its board of directors and board committees effective from July 1, 2025. The announcement outlines the roles and functions of executive, non-executive, and independent non-executive directors, highlighting the leadership structure and committee memberships, which are crucial for the company’s governance and strategic direction.