S.A.I Leisure Group Co. Ltd. (1832) AI Stock Analysis

• Market Cap: HK$178.20M
• Dividend Yield: N/A
• Average Volume (3M): 4.90K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.44
• Revenue Growth: 15.79%
• EPS Growth: 17.72%
• Country: HK
• Employees: 331
• Sector: Consumer Cyclical
• Sector Strength: 65
• Industry: Travel Lodging
• EPS (TTM): -0.41
• Shares Outstanding: 360,000,000
• 10 Day Avg. Volume: 6,800
• 30 Day Avg. Volume: 4,900
• PEG Ratio: -0.54
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -24.28
• Enterprise Value/Market Cap: 0.64
• Enterprise Value/Revenue: 0.79
• Enterprise Value/Gross Profit: 7.83
• Enterprise Value/Ebitda: -3.65
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: HK$0.50 ▲(0.00%Upside)

The most significant factor is the company's challenging financial performance, with persistent losses and high financial leverage. Technical indicators suggest a potential for stabilization, but the stock remains in a bearish trend. Valuation concerns persist due to negative earnings, and the absence of a dividend yield limits attractiveness.

S.A.I Leisure Group Co. Ltd. Business Overview & Revenue Model

Company Description

S.A.I. Leisure Group Company Limited, an investment holding company, provides leisure tourism services in Saipan, Guam, and Hawaii. The company operates through three segments: Hotels & Resorts, Luxury Travel Retail, and Destination Services. The Hotels & Resorts segment operates and manages four hotels and resorts; offers food and beverage, meetings, banquets, and other hospitality services to locals and travelers; and leases commercial premises located in the hotel buildings. The Luxury Travel Retail segment operates luxury travel retail stores, which offers luxurious and leisure clothing, leather goods, and fashion accessories. This segment operates a network of boutiques in Saipan, Hawaii, and Guam. The Destination Services segment provides excursion tours comprising SeaTouch, a stingray interaction experience; Let's Go, a four-wheel drive jungle and mountain adventure; and Jetovator, a hydro-powered jet ski that propels guests through the air. This segment also operates souvenir and amenities stores; offers booking services for third-party operated activities and tours; and works with tour operators to provide destination-based concierge and travel management services to their guests, as well as ground handling services. The company was founded in 1997 and is headquartered in Kwun Tong, Hong Kong. S.A.I. Leisure Group Company Limited is a subsidiary of THC Leisure Holdings Limited.

How the Company Makes Money

S.A.I Leisure Group Co. Ltd. generates revenue through multiple streams primarily centered around its hospitality operations. The core revenue stream comes from the occupancy of its hotels and resorts, which includes room bookings and associated services. Additionally, the company earns money from food and beverage sales at its on-site restaurants and bars. Other significant contributors to its earnings include hosting events and conferences, providing recreational and leisure activities, and offering various service packages to enhance guest experiences. Strategic partnerships with travel agencies and online booking platforms also play a vital role in driving occupancy rates and expanding the customer base.

S.A.I Leisure Group Co. Ltd. Financial Statement Overview

Summary

The company faces significant financial challenges, with negative net income and declining EBIT, indicating operational struggles. The balance sheet shows high debt levels, increasing financial risk. Cash flow is consistently negative, highlighting liquidity issues.

Income Statement

The income statement shows significant challenges with negative net income and declining EBIT over several years, indicating ongoing operational struggles. Revenue growth in the latest year is a positive sign, but the company continues to face negative profit margins, suggesting inefficiencies or high costs relative to revenue.

Balance Sheet

The balance sheet reveals a concerning debt-to-equity ratio due to high levels of debt compared to equity, increasing financial risk. However, the equity ratio remains relatively stable, providing some balance sheet strength. The company's asset base is sizable, but declining equity over time is a potential concern.

Cash Flow

Cash flow statements highlight critical issues, with free cash flow consistently negative, indicating cash outflows exceed inflows. The absence of operating cash flow in the latest period underscores liquidity challenges. Prior periods show variability, adding to concerns about cash flow stability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	42.80M	36.85M	15.75M	19.80M	40.78M
Gross Profit	14.49M	6.10M	10.53M	15.65M	31.61M
EBITDA	-4.08M	-7.31M	-8.13M	-1.68M	-3.22M
Net Income	-18.95M	-22.96M	-11.49M	-6.14M	-10.76M
Balance Sheet
Total Assets	140.11M	157.32M	158.51M	136.83M	123.65M
Cash, Cash Equivalents and Short-Term Investments	3.19M	4.44M	3.45M	8.08M	38.16M
Total Debt	93.96M	91.50M	73.61M	37.30M	19.59M
Total Liabilities	106.14M	106.12M	84.33M	51.16M	31.84M
Stockholders Equity	34.45M	51.56M	74.52M	85.94M	91.90M
Cash Flow
Free Cash Flow	-986.00K	-12.18M	-39.31M	-45.86M	-15.83M
Operating Cash Flow	1.75M	-3.07M	-7.19M	2.31M	-2.90M
Investing Cash Flow	-2.73M	-9.11M	-32.13M	-47.56M	-12.55M
Financing Cash Flow	-265.00K	13.16M	34.69M	15.17M	-2.99M

S.A.I Leisure Group Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1832, the sentiment is Positive. The current price of 0.5 is above the 20-day moving average (MA) of 0.45, above the 50-day MA of 0.46, and below the 200-day MA of 0.51, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 79.41 is Negative, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1832.

S.A.I Leisure Group Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	C$5.19B	8.81	20.23%	3.49%	3.08%	9.19%
0253	52 Neutral	HK$154.73M	―	-4.03%	―	12.86%	-269.71%
0201	52 Neutral	HK$662.08M	―	-1.07%	―	16.36%	-35.14%
0219	46 Neutral	HK$317.20M	―	-4.04%	―	12.86%	-297.41%
1832	45 Neutral	HK$178.20M	―	-44.14%	―	15.79%	17.72%
0617	44 Neutral	HK$339.95M	―	-18.37%	―	-2.69%	-53.59%
0078	35 Underperform	HK$548.26M	―	-36.48%	―	1.87%	-42.24%

S.A.I Leisure Group Co. Ltd. Corporate Events

S.A.I. Leisure Group Secures Unanimous Shareholder Approval at 2025 AGM

S.A.I. Leisure Group Co. Ltd. announced that all proposed resolutions at its 2025 Annual General Meeting were unanimously approved by shareholders. These resolutions included re-elections of directors, approval of financial statements, and authorization for the board to manage shares and remuneration. The successful passing of these resolutions reflects strong shareholder support and positions the company for continued operational stability and strategic flexibility.

S.A.I. Leisure Group Announces AGM and Key Resolutions for 2025

S.A.I. Leisure Group Co. Ltd. has announced its Annual General Meeting (AGM) scheduled for May 29, 2025, in Hong Kong. The meeting will address various ordinary resolutions, including the re-election of directors, approval of financial statements, and the ratification of the 2H2025 QZ Framework Agreement and Holiday Package Transactions. Additionally, the board will discuss the remuneration of directors and the re-appointment of Ernst & Young as auditors. These resolutions aim to enhance the company’s governance and operational strategies for the upcoming year.

S.A.I. Leisure Group Delays Circular Dispatch for Holiday Package Transactions

S.A.I. Leisure Group Co. Ltd. announced a delay in the dispatch of a circular related to the renewal of continuing connected transactions and the revision of the annual cap for Holiday Package Transactions. The circular, which includes important information and recommendations for shareholders, was initially expected to be sent out by April 17, 2025, but has been postponed to on or before May 7, 2025, due to the need for additional time to finalize the details.