SEA Holdings Ltd. (0251) AI Stock Analysis

• Market Cap: HK$770.72M
• Dividend Yield: 3.91%
• Average Volume (3M): 16.64K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.05
• Revenue Growth: -1.22%
• EPS Growth: 54.17%
• Country: HK
• Employees: 190
• Sector: Industrials
• Sector Strength: 72
• Industry: Real Estate - Diversified
• EPS (TTM): -0.27
• Shares Outstanding: 602,122,740
• 10 Day Avg. Volume: 7,800
• 30 Day Avg. Volume: 16,636
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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$1.50
• Price Target Upside: 17.19% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: HK$1.50 ▲(17.19% Upside)

SEA Holdings Ltd. faces significant financial challenges with high leverage and negative profitability, impacting its overall score. Technical indicators provide mixed signals, with some potential for short-term momentum. The valuation is weak due to a negative P/E ratio, though the dividend yield offers some compensation.

Positive Factors

Strong Gross Margins

Strong gross margins indicate efficient cost management in property development, enhancing profitability potential when revenue stabilizes.

Strategic Partnerships

Partnerships with other developers and financial institutions enhance market presence and risk-sharing, supporting long-term growth.

Operational Efficiency

A healthy EBIT margin suggests effective management of core operations, which can support profitability once revenue challenges are addressed.

Negative Factors

High Leverage

High leverage increases financial risk, potentially limiting flexibility and increasing vulnerability to market fluctuations.

Negative Profitability

Negative profitability indicates ongoing challenges in cost control and revenue generation, impacting long-term financial health.

Fluctuating Cash Flows

Inconsistent cash flow generation can hinder the company's ability to fund operations and investments, affecting growth prospects.

SEA Holdings Ltd. Business Overview & Revenue Model

Company Description

S E A Holdings Limited, an investment holding company, engages in the investment and development of properties in Hong Kong, Australia, and the United Kingdom. The company operates through Property Development, Property Investment, Hotel Operation, and Financial Investment segments. It provides financial investment, treasury, bond issuance, and corporate and property management services, as well as operates hotels. The company was founded in 1956 and is headquartered in Wanchai, Hong Kong. S E A Holdings Limited is a subsidiary of Nan Luen International Limited.

How the Company Makes Money

SEA Holdings Ltd. generates revenue primarily through property development and investment. The company earns income from the sale of developed residential and commercial properties. Additionally, it generates recurring revenue from leasing out its investment properties, which include office spaces, shopping centers, and industrial properties. The company's earnings are further supported by its strategic partnerships and joint ventures, which help diversify its portfolio and enhance its market presence. These partnerships often involve collaborations with other real estate developers and financial institutions, allowing SEA Holdings Ltd. to leverage expertise and share risks in large-scale projects.

SEA Holdings Ltd. Financial Statement Overview

Summary

SEA Holdings Ltd. has strong gross margins but faces ongoing profitability challenges due to negative net income. High leverage and fluctuating cash flows pose financial risks, suggesting the need for strategic management to stabilize and improve financial health.

Income Statement

SEA Holdings Ltd. has experienced declining revenue over the past few years, with a slight recovery in the latest fiscal year. The company has a strong gross profit margin of 100% for 2024 due to negligible cost of goods sold. However, the net profit margin remains negative, indicating ongoing challenges in controlling costs or generating sufficient revenue to cover expenses. The EBIT margin is healthy, reflecting operational efficiency, but overall profitability is hindered by substantial interest or other non-operating expenses.

Balance Sheet

The balance sheet shows a relatively high debt-to-equity ratio, indicating significant leverage and potential financial risk if not managed properly. The equity ratio is around 35%, showing a moderate level of equity financing. The company's total assets have been declining, which could indicate asset sales or impairments, impacting long-term growth potential.

Cash Flow

Cash flow analysis reveals fluctuating operating cash flows over the years, with negative free cash flow in the latest fiscal year. The inconsistent free cash flow growth rate signals potential challenges in generating cash to support business operations and investments. The absence of operating cash flow in 2024 may indicate operational inefficiency or timing issues in cash collections.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	414.13M	413.79M	373.95M	537.28M	605.71M
Gross Profit	353.68M	346.58M	284.95M	451.80M	548.00M
EBITDA	246.25M	-456.14M	-120.75M	342.72M	470.49M
Net Income	-136.73M	-853.75M	-383.66M	70.16M	150.97M
Balance Sheet
Total Assets	11.11B	12.14B	13.79B	14.37B	16.96B
Cash, Cash Equivalents and Short-Term Investments	2.46B	2.48B	2.59B	3.30B	4.27B
Total Debt	7.01B	7.83B	8.35B	8.45B	10.49B
Total Liabilities	7.18B	8.06B	9.10B	8.91B	10.72B
Stockholders Equity	3.92B	4.09B	4.69B	5.46B	6.24B
Cash Flow
Free Cash Flow	364.57M	204.18M	60.61M	-72.42M	161.43M
Operating Cash Flow	377.66M	228.64M	65.21M	141.81M	164.21M
Investing Cash Flow	797.59M	880.20M	-734.30M	1.63B	1.98B
Financing Cash Flow	-1.17B	-1.13B	449.79M	-2.45B	-4.10B

SEA Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.28
• 50DMA: Positive
• 100DMA: Negative
• 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:0251, the sentiment is Negative. The current price of 1.28 is below the 20-day moving average (MA) of 1.31, above the 50-day MA of 1.24, and below the 200-day MA of 1.34, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 47.82 is Neutral, neither overbought nor oversold. The STOCH value of 27.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0251.

SEA Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.74B	15.33	7.44%	2.00%	2.86%	-14.57%
0251	48 Neutral	HK$770.72M	―	-5.69%	3.91%	-1.22%	54.17%
LVSDF	―	$127.06M	―	-7.26%	―	―	―
SIOLF	―	$228.85M	―	-154.48%	―	―	―
TNY1	―	€166.59M	―	-20.96%	―	―	―
HKR	―	€162.71M	―	-3.45%	―	―	―
35Z	―	€92.61M	24.00	0.21%	―	―	―

SEA Holdings Ltd. Corporate Events

SEA Holdings Ltd. Declares Interim Dividend for 2025

SEA Holdings Ltd. announced an interim ordinary cash dividend of HKD 0.02 per share for the six months ending June 30, 2025. The ex-dividend date is set for September 22, 2025, with the payment date scheduled for October 14, 2025. This announcement may impact shareholder returns and reflects the company’s financial performance for the first half of the year.

The most recent analyst rating on (HK:0251) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on SEA Holdings Ltd. stock, see the HK:0251 Stock Forecast page.

SEA Holdings Ltd. Strengthens Governance with New Nomination Committee Guidelines

SEA Holdings Ltd. has outlined the terms of reference for its Nomination Committee, emphasizing the importance of diversity and independence in its composition. The committee is tasked with ensuring effective governance by appointing a majority of independent non-executive directors, including at least one member of a different gender, and is required to meet at least once a year. This move is expected to enhance the company’s governance structure and align with best practices, potentially impacting its industry positioning positively.

The most recent analyst rating on (HK:0251) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on SEA Holdings Ltd. stock, see the HK:0251 Stock Forecast page.

SEA Holdings Reports Interim Results with Increased Losses

SEA Holdings Ltd. announced its interim results for the six months ending June 30, 2025, reporting a slight increase in revenue to HK$204.3 million, up 0.4% from the previous year. Despite a 7% rise in operating profit before fair value changes on investment properties, the company faced a significant increase in losses attributable to shareholders, reaching HK$159.4 million, a 121.4% rise. The net asset value of the group was HK$8,040.0 million, with an interim dividend of HK2 cents per share declared. The results reflect challenges in the market, impacting the company’s financial performance and shareholder returns.

The most recent analyst rating on (HK:0251) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on SEA Holdings Ltd. stock, see the HK:0251 Stock Forecast page.

SEA Holdings Issues Profit Warning Amid Increased Losses

SEA Holdings Ltd. has issued a profit warning, indicating an expected loss of approximately HK$160 million for the first half of 2025, compared to a HK$72 million loss in the same period of 2024. This increase in loss is largely due to fair value losses on its investment properties in the UK and Hong Kong, despite an anticipated rise in ordinary operating profit. The interim results are yet to be finalized and will be published in August 2025, prompting caution among shareholders and potential investors.

SEA Holdings Ltd. Schedules Board Meeting for Interim Results and Dividend Consideration

SEA Holdings Ltd. has announced a board meeting scheduled for August 28, 2025, to approve the interim results for the first half of the year and consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial health and potential returns for shareholders, impacting its market positioning and stakeholder interests.