Southeast Asia Properties & Finance Limited (0252) AI Stock Analysis

• Market Cap: HK$362.93M
• Dividend Yield: 1.86%
• Average Volume (3M): 800.00
• Price to Earnings (P/E): 21.5
• Beta (1Y): -0.04
• Revenue Growth: -1.96%
• EPS Growth: -45.69%
• Country: HK
• Employees: 238
• Sector: Consumer Cyclical
• Sector Strength: 58
• Industry: Packaging & Containers
• EPS (TTM): -0.15
• Shares Outstanding: 225,420,030
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 800
• PEG Ratio: 0.10
• Price to Book (P/B): 0.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 30.53
• 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: 52 Neutral
• Price Target: ―

Southeast Asia Properties & Finance Limited shows a stable but challenging financial landscape, with improved profitability but declining revenue and cash flow concerns. Technically, the stock is in a weak position with signs of being overbought, and its valuation is moderate without any significant upside or downside. The lack of recent earnings call data or notable corporate events leaves these areas unaccounted for in the analysis. Overall, the stock score reflects a cautious outlook with potential risks and opportunities balanced.

Southeast Asia Properties & Finance Limited Business Overview & Revenue Model

Company Description

Southeast Asia Properties & Finance Limited, an investment holding company, manufactures and distributes plastic packaging materials. The company also invests in, develops, and leases properties; and operates hotels. In addition, it provides stock and futures broking, securities broking and margin financing, commodities dealing, and nominee services. Further, the company is involved in the trading of plastic products, as well as provision of scrap plastic materials warehousing and selling services; and co-working space operation. It operates in Hong Kong, the People's Republic of China, Japan, Oceania, North America and Europe. The company was incorporated in 1972 and is based in Tsim Sha Tsui, Hong Kong.

How the Company Makes Money

Southeast Asia Properties & Finance Limited generates revenue through several key streams. Primarily, the company earns income from its property investment and development division by leasing commercial and residential properties and selling developed properties. The hotel operations segment contributes to revenue through the management and operation of hotels, generating income from room bookings, food and beverage sales, and other hospitality services. Additionally, the financial services division provides revenue through securities trading and investments, capitalizing on market opportunities to generate returns. Strategic partnerships and a focus on market-driven investments also play a significant role in the company's earnings.

Southeast Asia Properties & Finance Limited Financial Statement Overview

Summary

Southeast Asia Properties & Finance Limited shows a mixed financial performance. While profitability has improved with higher net profit margins and ROE, revenue has been declining, and cash flow management presents challenges. The balance sheet is stable with low leverage, but liquidity needs attention. Overall, the company is in a relatively stable position with room for growth if revenue trends can be reversed and cash flows optimized.

Income Statement

The company has experienced a decline in revenue over the past three years, with a significant drop from 2022 to 2024. The gross profit margin improved slightly from 29.1% in 2023 to 33.4% in 2024, indicating better cost management. Net profit margin increased substantially from 11.6% in 2023 to 29.3% in 2024, reflecting improved profitability. However, the EBIT and EBITDA margins showed volatility, with recent improvements in EBIT margin to 5.4% and EBITDA margin to 10.9% in 2024.

Balance Sheet

The company maintains a strong equity position, with an equity ratio consistently above 60% (69.4% in 2024). The debt-to-equity ratio is low at 0.29, indicating low financial leverage and a solid balance sheet. Return on equity has improved significantly to 5.0% in 2024, demonstrating enhanced profitability. However, the decrease in cash and short-term investments over the years suggests potential liquidity concerns.

Cash Flow

The cash flow from operations has declined from 2023 to 2024, and free cash flow turned negative in 2024. The operating cash flow to net income ratio decreased, indicating reduced cash conversion efficiency. The free cash flow to net income ratio is negative due to high capital expenditures, which may affect long-term cash sustainability. The company needs to manage its cash flows better to support future growth.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
192.69M	238.53M	274.41M	260.32M	324.95M
	Gross Profit
64.44M	69.50M	82.51M	85.95M	91.93M
	EBIT
12.07M	3.05M	21.21M	19.05M	24.22M
	EBITDA
21.07M	61.73M	52.57M	40.43M	-151.46M
	Net Income Common Stockholders
56.39M	27.78M	26.51M	6.27M	-185.68M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
41.84M	127.23M	118.14M	182.08M	109.44M
	Total Assets
1.64B	1.53B	1.58B	1.48B	1.53B
	Total Debt
332.52M	283.12M	338.23M	276.15M	360.09M
	Net Debt
290.68M	184.91M	254.70M	116.58M	256.72M
	Total Liabilities
489.60M	447.54M	503.31M	433.51M	493.84M
	Stockholders Equity
1.14B	1.07B	1.06B	1.04B	1.03B
Cash Flow		Free Cash Flow
-70.77M	49.36M	-39.71M	-6.53M	69.38M
	Operating Cash Flow
19.42M	69.02M	-25.85M	3.49M	72.45M
	Investing Cash Flow
-102.29M	20.88M	-100.58M	149.72M	-9.00M
	Financing Cash Flow
27.06M	-76.99M	48.43M	-99.67M	-50.60M

Southeast Asia Properties & Finance Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.61
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0252, the sentiment is Negative. The current price of 1.61 is above the 20-day moving average (MA) of 1.61, below the 50-day MA of 1.64, and below the 200-day MA of 1.64, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 22.29 is Positive, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0252.

Southeast Asia Properties & Finance Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0016	73 Outperform	$250.80B	14.39	2.88%	4.39%	20.91%	-29.29%
0688	69 Neutral	$152.13B	8.97	4.15%	2.16%	-10.21%	-40.22%
0830	66 Neutral	HK$3.36B	5.17	25.62%	4.70%	-6.51%	12.05%
Sector *	62 Neutral	$6.88B	11.07	2.77%	4.28%	2.67%	-24.94%
0012	62 Neutral	$124.42B	19.76	1.94%	10.12%	-7.64%	-32.01%
0004	61 Neutral	$71.97B	―	-2.30%	1.73%	-36.07%	-441.20%
0252	52 Neutral	HK$362.93M	21.50	1.55%	1.86%	-1.96%	-45.69%

Southeast Asia Properties & Finance Limited Corporate Events

Leadership Transition at Southeast Asia Properties & Finance Limited

Southeast Asia Properties & Finance Limited has announced a change in its leadership structure, effective April 3, 2025. Mr. Chua Nai Tuen will step down as Managing Director while remaining Chairman and Executive Director, with Mr. Nelson Junior Chua assuming the role of Managing Director. This change aligns with the company’s commitment to the Corporate Governance Code by separating the roles of Chairman and CEO, potentially enhancing governance and operational efficiency.

Southeast Asia Properties & Finance Limited Announces Board Composition

Southeast Asia Properties & Finance Limited has announced the composition of its board of directors following its annual general meeting. The board includes executive, non-executive, and independent non-executive directors, with specific members assigned to the audit, nomination, and remuneration committees. This announcement reflects the company’s commitment to maintaining a structured governance framework, which is crucial for its strategic operations and stakeholder confidence.