HK Asia Holdings Limited (1723) AI Stock Analysis

• Market Cap: HK$506.97M
• Dividend Yield: N/A
• Average Volume (3M): 1.64M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.74
• Revenue Growth: -11.19%
• EPS Growth: -3773.50%
• Country: HK
• Employees: 44
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): -0.43
• Shares Outstanding: 478,272,000
• 10 Day Avg. Volume: 2,498,780
• 30 Day Avg. Volume: 1,635,067
• PEG Ratio: -11.97
• Price to Book (P/B): 17.72
• Price to Sales (P/S): 9.94
• P/FCF Ratio: 456.62
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: HK$1.00 ▼(-24.81% Downside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is held down primarily by weakened financial performance (sharp margin/earnings compression and lower revenue) and bearish technicals (price below all key moving averages with negative MACD). A low-leverage balance sheet provides some stability, but negative P/E and no stated dividend yield limit valuation support.

Positive Factors

Low Leverage

Very low debt-to-equity provides durable financial flexibility and resilience against revenue shocks. With minimal leverage the company can fund operations and strategic responses from equity and cash, lowering default risk and preserving optionality over the next several quarters.

Negative Factors

Revenue Volatility

Large year-to-year swings in revenue signal unstable demand or customer churn, complicating forecasting and investment planning. Persistent volatility undermines scale economics and makes it harder to sustain margin recovery or justify long-term investments without clearer revenue drivers.

HK Asia Holdings Limited Business Overview & Revenue Model

Company Description

HK Asia Holdings Limited, an investment holding company, engages in the wholesale and retail sale of the pre-paid products in Hong Kong. It offers SIM cards and top-up vouchers, which allow users to make local and international phone calls, as wel...

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HK Asia Holdings Limited, an investment holding company, engages in the wholesale and retail sale of the pre-paid products in Hong Kong. It offers SIM cards and top-up vouchers, which allow users to make local and international phone calls, as wel...

HK Asia Holdings Limited Financial Statement Overview

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2021
Income Statement
Total Revenue	197.09M	189.56M	252.38M	204.57M	183.00M	136.00M
Gross Profit	47.61M	43.33M	61.65M	45.30M	59.22M	45.72M
EBITDA	-188.69M	8.58M	23.69M	10.34M	29.62M	18.14M
Net Income	-195.13M	1.79M	14.84M	3.94M	19.46M	10.76M
Balance Sheet
Total Assets	447.11M	115.99M	138.74M	179.05M	175.45M	182.50M
Cash, Cash Equivalents and Short-Term Investments	35.33M	44.70M	65.58M	97.08M	62.43M	36.19M
Total Debt	7.74M	1.86M	6.01M	4.37M	3.65M	26.80M
Total Liabilities	19.43M	9.66M	14.21M	9.35M	9.69M	36.20M
Stockholders Equity	427.50M	106.33M	124.54M	169.70M	165.76M	146.30M
Cash Flow
Free Cash Flow	17.02M	4.13M	34.01M	39.69M	50.69M	-38.97M
Operating Cash Flow	18.04M	18.20M	43.90M	40.62M	51.37M	-38.38M
Investing Cash Flow	-55.26M	-14.07M	-9.89M	-934.00K	-677.00K	-592.00K
Financing Cash Flow	10.25M	-25.00M	-65.52M	-5.04M	-24.45M	-26.84M

HK Asia Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.33
• 50DMA: Negative
• 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:1723, the sentiment is Neutral. The current price of 1.33 is above the 20-day moving average (MA) of 1.04, above the 50-day MA of 1.16, and below the 200-day MA of 2.33, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 48.23 is Neutral, neither overbought nor oversold. The STOCH value of 56.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1723.

HK Asia Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0315	76 Outperform	HK$5.53B	4.65	9.36%	6.79%	0.52%	2.07%
1045	73 Outperform	HK$3.05B	18.21	2.99%	4.25%	-4.17%	-18.28%
0215	63 Neutral	HK$5.69B	-223.61	0.20%	6.40%	6.79%	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
8337	52 Neutral	HK$23.02M	-2.97	-25.97%	―	-35.91%	38.89%
1723	49 Neutral	HK$506.97M	-1.27	-73.11%	―	-11.19%	-3773.50%

HK Asia Holdings Limited Corporate Events