Asiasec Properties Limited (0271) AI Stock Analysis

• Market Cap: HK$250.62M
• Dividend Yield: N/A
• Average Volume (3M): 79.37K
• Price to Earnings (P/E): 0.8
• Beta (1Y): 0.48
• Revenue Growth: -12.04%
• EPS Growth: -151.81%
• Country: HK
• Employees: 30
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.05
• Shares Outstanding: 1,240,669,000
• 10 Day Avg. Volume: 78,413
• 30 Day Avg. Volume: 79,367
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily impacted by the company's financial challenges, including consistent net losses and negative operating margins. Technical analysis shows some positive short-term trends, but valuation metrics are poor due to negative earnings and lack of dividends. The absence of earnings call data and corporate events means these factors did not influence the score.

Asiasec Properties Limited Business Overview & Revenue Model

Company Description

Asiasec Properties Limited (0271) is a Hong Kong-based company primarily engaged in property investment and trading. The company focuses on the acquisition, development, and management of commercial and residential properties. Asiasec Properties Limited operates within the real estate sector, offering services that include property leasing, sales, and management. Through strategic investments and property management expertise, the company aims to optimize the value and returns of its property portfolio.

How the Company Makes Money

Asiasec Properties Limited generates revenue primarily through property investment and trading activities. The company earns income by leasing commercial and residential properties, which provides a steady stream of rental income. Additionally, Asiasec Properties Limited engages in property sales, capitalizing on market opportunities to buy and sell properties at a profit. The company's revenue model is also supported by property management services, where it charges management fees for overseeing and maintaining properties on behalf of clients. Strategic partnerships and market conditions, such as property demand and economic trends, significantly influence the company's earnings and profitability.

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: 0.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 0.2 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.17, and above the 200-day MA of 0.16, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 88.46 is Negative, neither overbought nor oversold. The STOCH value of 90.55 is Negative, 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
1971	54 Neutral	157.70M	73.08	1.60%	―	8.56%	0.00%
2168	51 Neutral	306.68M	16.07	0.00%	―	-8.64%	0.00%
1663	49 Neutral	150.30M	7.35	1.08%	―	-41.41%	-64.22%
0183	45 Neutral	99.78M	-0.56	0.00%	―	11.40%	-9.26%
0271	45 Neutral	HK$250.62M	0.82	-6.95%	―	-12.04%	-151.81%
0287	43 Neutral	180.00M	-2.41	0.00%	3.11%	6.63%	-50.19%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Asiasec Properties Limited Corporate Events

Asiasec Properties Issues Profit Warning Amid Increased Losses

Asiasec Properties Limited has issued a profit warning, indicating a projected net loss between HK$60 million and HK$65 million for the first half of 2025, a significant increase from the HK$17 million loss in the same period of 2024. This decline is primarily due to a higher net decrease in the fair value of its investment properties. The interim results are yet to be finalized and may be subject to adjustments, urging shareholders and potential investors to exercise caution.

Asiasec Properties Schedules Board Meeting for Interim Results and Dividend Consideration

Asiasec Properties Limited has announced a board meeting scheduled for August 21, 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 performance and potential returns to shareholders, impacting its market positioning and stakeholder interests.

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.