SEA Holdings Ltd. (0251) AI Stock Analysis

• Market Cap: HK$764.70M
• Dividend Yield: 3.94%
• Average Volume (3M): 35.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.09
• Revenue Growth: 0.96%
• EPS Growth: 83.98%
• Country: HK
• Employees: 190
• Sector: Industrials
• Sector Strength: 80
• Industry: Real Estate - Diversified
• EPS (TTM): -0.11
• Shares Outstanding: 602,122,740
• 10 Day Avg. Volume: 32,930
• 30 Day Avg. Volume: 35,970
• 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$1.00
• Price Target Upside: -21.26% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: HK$1.00 ▼(-21.26% Downside)

The overall score reflects significant financial challenges, including high leverage and negative profitability, which are the most impactful factors. Technical indicators suggest a bearish trend, while valuation metrics highlight caution due to ongoing losses.

SEA Holdings Ltd. Business Overview & Revenue Model

Company Description

SEA Holdings Ltd. (0251) is a Hong Kong-based investment holding company primarily engaged in property development and investment. The company's portfolio includes commercial, residential, and industrial properties, with a focus on high-quality real estate projects in Hong Kong and other major cities in Asia. SEA Holdings Ltd. is committed to creating value through strategic property acquisitions, development, and management.

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: Positive
• Last Price: 1.27
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 Positive. The current price of 1.27 is above the 20-day moving average (MA) of 1.21, above the 50-day MA of 1.23, and below the 200-day MA of 1.35, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 59.33 is Neutral, neither overbought nor oversold. The STOCH value of 52.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 *	58 Neutral	HK$14.10B	4.53	-3.70%	5.60%	2.27%	-65.55%
0672	56 Neutral	HK$879.19M	41.32	0.19%	―	-4.79%	-95.94%
0978	56 Neutral	€1.52B	―	-20.96%	4.00%	-16.06%	-529.92%
0480	51 Neutral	€1.47B	―	-3.45%	1.15%	-55.51%	-67.95%
0488	49 Neutral	$1.05B	―	-7.26%	―	2.20%	43.92%
0251	45 Neutral	HK$764.70M	―	-3.41%	3.94%	0.96%	83.98%
3377	45 Neutral	$1.35B	―	-118.67%	―	-50.72%	14.86%

SEA Holdings Ltd. Corporate Events

SEA Holdings Announces Board Composition and Committee Roles

SEA Holdings Limited, a company incorporated in Bermuda, has announced the composition of its board of directors and the roles they will undertake. The board includes executive directors such as Mr. Lu Wing Chi, Jesse, who serves as Chairman, and Mr. Lambert Lu, the Chief Executive. The announcement also details the membership of four board committees, highlighting the leadership and participation of various directors in these committees. This update provides insight into the governance structure of SEA Holdings, which may influence its strategic direction and operational decisions.

SEA Holdings Announces AGM Results and Committee Appointment

SEA Holdings Limited, a company incorporated in Bermuda, announced the results of its 2025 Annual General Meeting (AGM) where all proposed resolutions were approved by shareholders. These resolutions included the adoption of financial statements, approval of a final dividend, re-election of directors, and granting of mandates to directors for share issuance and repurchase. Additionally, Ms. Patricia Chan was appointed as a member of the Nomination Committee.