Tsim Sha Tsui Properties Limited (0247) AI Stock Analysis

• Market Cap: HK$43.29B
• Dividend Yield: 2.93%
• Average Volume (3M): 136.00
• Price to Earnings (P/E): 20.2
• Beta (1Y): 0.10
• Revenue Growth: -30.23%
• EPS Growth: -40.59%
• Country: HK
• Employees: 9,700
• Sector: Financial
• Sector Strength: 75
• Industry: Real Estate - Development
• EPS (TTM): 0.49
• Shares Outstanding: 2,186,420,200
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 136
• PEG Ratio: N/A
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.22
• 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: 66 Neutral
• Price Target: HK$20.50 ▲(3.54%Upside)

The overall score reflects a strong balance sheet and operational efficiency but is offset by challenges in revenue growth and cash flow consistency. Technical indicators are neutral, and valuation metrics suggest the stock might be overvalued.

Tsim Sha Tsui Properties Limited Business Overview & Revenue Model

Company Description

Tsim Sha Tsui Properties Limited (0247) is a Hong Kong-based investment holding company primarily engaged in property development, property investment, and management. The company focuses on developing residential, commercial, and industrial properties, offering a diversified portfolio that includes luxury apartments, office buildings, and retail spaces. Its operations are mainly located in Hong Kong, with a commitment to delivering high-quality real estate projects and services.

How the Company Makes Money

Tsim Sha Tsui Properties Limited generates revenue primarily through the sale and leasing of its developed properties. The company earns income from selling residential units, commercial offices, and retail spaces. Additionally, it generates recurring revenue from leasing its property portfolio, which includes office buildings, shopping centers, and industrial properties. The company may also have partnerships with construction firms and engage in joint ventures to develop and manage significant real estate projects. Management fees from property management services further contribute to its revenue streams.

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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	8.82B	11.93B	15.60B	24.59B	5.93B
Gross Profit	3.21B	5.40B	8.27B	13.54B	3.46B
EBITDA	5.02B	6.82B	7.50B	13.25B	2.39B
Net Income	2.51B	3.29B	5.96B	10.47B	1.67B
Balance Sheet
Total Assets	182.17B	181.05B	180.72B	182.66B	187.78B
Cash, Cash Equivalents and Short-Term Investments	47.37B	44.84B	3.64B	3.64B	43.73B
Total Debt	1.71B	2.83B	4.04B	6.67B	6.74B
Total Liabilities	14.99B	17.06B	21.58B	26.35B	42.51B
Stockholders Equity	94.87B	91.59B	88.26B	85.07B	78.88B
Cash Flow
Free Cash Flow	1.08B	-680.35M	6.41B	2.17B	5.84B
Operating Cash Flow	1.15B	-572.61M	6.46B	2.21B	5.89B
Investing Cash Flow	-6.85B	537.34M	-14.28B	4.24B	3.16B
Financing Cash Flow	-1.36B	-1.35B	-5.29B	-1.26B	-2.32B

Tsim Sha Tsui Properties Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 19.80
• 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 19.8 is above the 20-day moving average (MA) of 19.59, above the 50-day MA of 19.35, and above the 200-day MA of 19.34, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 98.11 is Negative, neither overbought nor oversold. The STOCH value of 60.00 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	73 Outperform	HK$36.59B	5.79	20.50%	0.53%	5.92%	-12.18%
0083	69 Neutral	$81.80B	21.52	2.17%	6.38%	-30.38%	-43.73%
0960	69 Neutral	$71.52B	6.14	6.64%	0.45%	-30.30%	-25.60%
0247	66 Neutral	HK$43.29B	20.20	2.19%	2.93%	-30.23%	-40.59%
0683	62 Neutral	$29.75B	36.82	0.76%	6.44%	50.11%	-75.09%
0004	61 Neutral	$69.37B	―	-2.30%	1.76%	-36.07%	-441.20%
Sector *	58 Neutral	HK$92.81B	5.81	-3.20%	4.80%	5.50%	-56.25%

Tsim Sha Tsui Properties Limited Corporate Events

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.