Shin Hwa World Limited (0582) AI Stock Analysis

• Market Cap: HK$222.13M
• Dividend Yield: N/A
• Average Volume (3M): 483.25K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.14
• Revenue Growth: 1.09%
• EPS Growth: 38.09%
• Country: HK
• Employees: 1,558
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): -0.17
• Shares Outstanding: 1,521,450,700
• 10 Day Avg. Volume: 653,957
• 30 Day Avg. Volume: 483,255
• PEG Ratio: 0.06
• Price to Book (P/B): 0.13
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.42
• 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: 45 Neutral
• Price Target: ―

Shin Hwa World Limited faces significant financial challenges, with ongoing net losses and cash flow issues weighing heavily on its performance score. The technical analysis suggests neutrality, with no strong momentum in either direction. Valuation is a concern due to a negative P/E ratio and lack of dividend yield, highlighting risks for potential investors.

Shin Hwa World Limited Business Overview & Revenue Model

Company Description

Landing International Development Limited, an investment holding company, engages in integrated resort development, gaming, and property development businesses in South Korea. It develops and operates integrated leisure and entertainment resort; and operates gaming and entertainment facilities, as well as invests in residential and commercial properties. The company is also involved in the development, management, operation, and rental of facilities for tourism, commerce, accommodation, and recreation; residential management; property holding; and securities investment business. In addition, it provides office management and marketing services. The company was formerly known as Greenfield Chemical Holdings Limited and changed its name to Landing International Development Limited in August 2013. Landing International Development Limited was incorporated in 2001 and is headquartered in Central, Hong Kong.

How the Company Makes Money

Shin Hwa World Limited generates revenue through multiple streams, primarily centered around its integrated resort operations. The company earns a significant portion of its income from casino gaming activities, which attract both casual gamers and high-stakes gamblers. Additionally, the company derives income from hotel operations, offering a range of accommodations from luxury suites to budget-friendly options, thereby catering to a diverse clientele. Other key revenue streams include theme park admissions, food and beverage sales, retail outlets, and entertainment shows. Strategic partnerships with travel agencies, tour operators, and hospitality service providers also play a crucial role in driving traffic and increasing occupancy rates at their resorts. The company's ability to offer a comprehensive entertainment package makes it a competitive player in the leisure and tourism sector.

Shin Hwa World Limited Financial Statement Overview

Summary

The company's financial performance is mixed. While gross profit margins have improved, consistent net losses and cash flow challenges undermine overall stability. The balance sheet is relatively strong, but return on equity is negatively impacted by ongoing losses.

Income Statement

Revenue growth has been inconsistent over the years with notable fluctuations. Gross profit margin improved significantly in 2024, reflecting better cost management or operational efficiency. However, the company has consistently posted net losses, impacting net profit margins negatively. The EBIT and EBITDA margins have also shown volatility, indicating challenges in achieving operational profitability.

Balance Sheet

The debt-to-equity ratio appears stable, indicating manageable leverage levels. However, the company has a high equity ratio, suggesting a strong equity base relative to total assets. Despite this, the consistent net losses have adversely affected return on equity, which remains negative.

Cash Flow

The company has struggled with positive operating cash flows, particularly in recent years, impacting its ability to generate free cash flow. The absence of consistent free cash flow growth and the inability to cover net income with cash flow are concerns, indicating liquidity challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.07B	1.03B	1.38B	1.34B	763.72M
Gross Profit	213.77M	69.65M	188.43M	-11.14M	-488.65M
EBITDA	-68.03M	-116.92M	356.05M	-309.16M	-1.33B
Net Income	-494.14M	-522.44M	-216.91M	-1.06B	-2.12B
Balance Sheet
Total Assets	7.89B	9.20B	10.06B	11.51B	13.55B
Cash, Cash Equivalents and Short-Term Investments	310.92M	266.04M	566.21M	887.47M	647.42M
Total Debt	1.24B	1.42B	1.56B	2.12B	2.54B
Total Liabilities	1.55B	1.80B	1.94B	2.70B	3.10B
Stockholders Equity	6.34B	7.41B	8.12B	8.81B	10.45B
Cash Flow
Free Cash Flow	-219.08M	-136.69M	142.07M	313.16M	10.43M
Operating Cash Flow	-199.93M	-113.41M	154.59M	345.10M	17.89M
Investing Cash Flow	0.00	-21.19M	-11.57M	-29.27M	264.49M
Financing Cash Flow	0.00	-100.80M	-433.15M	-98.27M	-66.47M

Shin Hwa World Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.15
• 50DMA: Positive
• 100DMA: Positive
• 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:0582, the sentiment is Positive. The current price of 0.15 is equal to the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.16, and below the 200-day MA of 0.17, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.45 is Neutral, neither overbought nor oversold. The STOCH value of 28.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0582.

Shin Hwa World Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	56 Neutral	HK$24.56B	3.85	-2.03%	6.52%	-0.31%	-67.70%
0582	45 Neutral	HK$222.13M	―	-7.19%	―	1.09%	38.09%
WORA		€7.67M	―		―	―	―
1245	76 Outperform	HK$249.93M	8.07	2.95%	3.35%	-0.75%	35.42%
1655	62 Neutral	HK$88.20M	0.30		―	―	―
8308	39 Underperform	HK$67.27M	―	-28.31%	―	-0.38%	51.41%
0959	20 Underperform	HK$92.34M	―		―	―	63.60%

Shin Hwa World Limited Corporate Events

Shin Hwa World Limited Sets Agenda for 2025 Annual General Meeting

Shin Hwa World Limited has announced its upcoming annual general meeting, scheduled for June 18, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of the company’s financial statements for 2024, re-election of directors, and the re-appointment of Moore CPA Limited as the auditor. Additionally, shareholders will consider resolutions to authorize the board to repurchase shares and to issue new shares, with specific limits on the percentage of shares involved. These resolutions aim to provide the company with flexibility in managing its capital structure and governance.

Shin Hwa World Limited Reports 2024 Annual Results with Increased Revenue but Continued Losses

Shin Hwa World Limited announced its annual results for the year ended December 31, 2024, reporting a revenue increase to HK$1,074,248,000 from HK$1,036,268,000 in 2023. Despite the revenue growth, the company faced a net loss of HK$494,142,000, which is a slight improvement from the previous year’s loss of HK$522,439,000. The results reflect challenges in managing operating expenses and finance costs, impacting the company’s profitability and market positioning.

Shin Hwa World Limited Forms Nomination Committee to Strengthen Governance

Shin Hwa World Limited has announced the establishment of a Nomination Committee, a sub-committee of its Board of Directors, to oversee the nomination process for board members. The committee will focus on reviewing the board’s structure, identifying and nominating qualified candidates, and ensuring compliance with corporate governance standards. This move is expected to enhance the company’s governance practices and support its strategic objectives.

Shin Hwa World Limited Schedules Board Meeting for Annual Results Approval

Shin Hwa World Limited has announced that its board of directors will meet on March 28, 2025, to approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the recommendation for a final dividend payment, which could impact shareholder returns and the company’s financial strategy.

Shin Hwa World Limited Reports Reduction in Net Loss for 2024

Shin Hwa World Limited has announced a profit alert indicating a reduction in its consolidated net loss by not more than 10% for the year ended December 31, 2024, compared to the previous year. This improvement is attributed to increased revenue from its gaming segment, reduced amortization and depreciation, and lower operating expenses, despite a decrease in the fair value of investment properties.