Asiasec Properties Limited (0271) AI Stock Analysis

• Market Cap: HK$205.95M
• Dividend Yield: N/A
• Average Volume (3M): 26.56K
• Price to Earnings (P/E): 0.8
• Beta (1Y): 0.48
• Revenue Growth: -3.42%
• EPS Growth: -128.18%
• Country: HK
• Employees: 30
• Sector: Real Estate
• Sector Strength: 56
• Industry: Real Estate - Services
• EPS (TTM): -0.06
• Shares Outstanding: 1,240,669,000
• 10 Day Avg. Volume: 29,127
• 30 Day Avg. Volume: 26,562
• PEG Ratio: 0.02
• Price to Book (P/B): 0.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 66.68
• 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: 46 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

The overall stock score is primarily influenced by financial challenges, including negative profitability and cash flow concerns. While there is some positive technical momentum, the poor valuation and negative financial performance weigh heavily on the stock's attractiveness. Without earnings call data or significant corporate events, these components do not contribute to the score.

Asiasec Properties Limited Business Overview & Revenue Model

Company Description

Asiasec Properties Limited (0271) is a Hong Kong-based investment holding company primarily engaged in property investment and management. The company's core business involves the acquisition, leasing, and management of properties, including commercial, residential, and industrial real estate assets within the region. Asiasec Properties Limited capitalizes on the robust real estate market in Hong Kong to generate income through its diversified property portfolio.

How the Company Makes Money

Asiasec Properties Limited generates revenue primarily through rental income derived from its property portfolio. The company leases its commercial, residential, and industrial properties to tenants, providing a steady stream of income. Additionally, the company may engage in the sale of properties when market conditions are favorable, contributing to its earnings. Asiasec Properties Limited's revenue model is heavily influenced by the real estate market trends in Hong Kong, including property demand, rental rates, and property values. Partnerships with real estate agencies and property management firms may also play a role in optimizing occupancy rates and managing operational costs effectively.

Asiasec Properties Limited Financial Statement Overview

Summary

Asiasec Properties Limited is facing financial challenges, with consistent net losses and negative operating margins. While the company has a strong equity base, increasing leverage and negative returns on equity pose risks. Cash flow issues further exacerbate financial concerns, indicating the need for strategic improvements to enhance profitability and liquidity.

Income Statement

The company's revenue has shown mixed trends, with a decline over the past few years. The gross profit margin remains high at 100% in the latest year, but this is due to the zero cost of goods sold, which is uncommon. The net profit margin has been significantly negative, with recent substantial net losses indicating poor profitability. EBIT and EBITDA margins have also been negative, highlighting operational challenges.

Balance Sheet

The balance sheet shows a high stockholders' equity, indicating strong asset backing. However, the debt-to-equity ratio has increased, reflecting rising financial leverage. The equity ratio remains robust, suggesting that the company is primarily equity-financed. Return on equity is negative, aligning with net losses, which raises concerns about shareholder value creation.

Cash Flow

The company has struggled with consistent free cash flow generation, with recent zero free cash flow indicating potential liquidity issues. The operating cash flow to net income ratio is not available due to negative net income, but past positive operating cash flows suggest some underlying cash generation ability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	47.29M	46.88M	50.57M	55.96M	77.60M
Gross Profit	47.29M	39.65M	43.41M	48.84M	70.56M
EBITDA	-41.70M	26.66M	-8.30M	-55.44M	41.12M
Net Income	-74.75M	265.00M	-43.70M	-1.56B	-56.65M
Balance Sheet
Total Assets	2.43B	2.60B	1.74B	1.79B	4.54B
Cash, Cash Equivalents and Short-Term Investments	121.33M	204.40M	182.81M	162.67M	248.04M
Total Debt	515.00M	600.00M	0.00	0.00	0.00
Total Liabilities	689.02M	781.22M	187.01M	185.91M	198.58M
Stockholders Equity	1.74B	1.82B	1.55B	1.61B	4.35B
Cash Flow
Free Cash Flow	14.50M	31.87M	30.24M	6.78M	84.72M
Operating Cash Flow	14.50M	31.87M	30.24M	7.29M	84.74M
Investing Cash Flow	43.58M	-33.70M	2.44M	1.10B	-68.69M
Financing Cash Flow	-119.96M	-15.29M	0.00	-1.18B	-48.74M

Asiasec Properties Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.17
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0271, the sentiment is Positive. The current price of 0.17 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.16, and above the 200-day MA of 0.16, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.22 is Neutral, neither overbought nor oversold. The STOCH value of 59.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0271.

Asiasec Properties Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1663	61 Neutral	HK$206.98M	10.12	1.09%	―	105.34%	75.69%
0183	57 Neutral	HK$158.74M	―	-12.61%	―	11.40%	-9.26%
Sector *	54 Neutral	$1.18B	3.56	0.13%	6.38%	-2.13%	-128.06%
1971	52 Neutral	HK$163.93M	9.73	1.61%	―	-5.39%	8.07%
2168	51 Neutral	HK$252.74M	15.64	1.67%	―	-5.11%	―
0271	46 Neutral	HK$205.95M	0.82	-4.19%	―	-3.42%	-128.18%
0287	43 Neutral	HK$170.00M	―	-7.17%	1.88%	16.45%	21.04%

Asiasec Properties Limited Corporate Events

Asiasec Properties Limited AGM: Unanimous Approval of Resolutions

Asiasec Properties Limited held its Annual General Meeting on May 21, 2025, where all proposed resolutions were passed unanimously. This included the re-election of directors and the re-appointment of Deloitte Touche Tohmatsu as the auditor. The meeting also granted the board general mandates to issue and repurchase securities, reflecting strong shareholder support and potentially enhancing the company’s strategic flexibility.