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S.A.I Leisure Group Co. Ltd. (HK:1832)
:1832
Hong Kong Market

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

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HK

S.A.I Leisure Group Co. Ltd.

(1832)

Rating:34Underperform
Price Target:
S.A.I Leisure Group Co. Ltd. struggles with financial instability, marked by negative earnings and cash flows. The technical analysis indicates weak market momentum, and the valuation metrics do not provide an attractive investment case. Overall, the stock faces significant headwinds, with financial performance being the most pressing concern.

S.A.I Leisure Group Co. Ltd. (1832) vs. iShares MSCI Hong Kong ETF (EWH)

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

Company DescriptionS.A.I Leisure Group Co. Ltd. (1832) is a hospitality and leisure company primarily engaged in the operation of hotels and resorts. The company focuses on providing leisure and tourism-related services, including accommodations, dining, and recreational activities. It operates in key destinations, offering a range of services tailored to both tourists and business travelers.
How the Company Makes MoneyS.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
S.A.I Leisure Group Co. Ltd. faces significant financial challenges, particularly in profitability and cash flow generation. Despite some revenue growth, persistent losses and high financial leverage present risks. The company's financials suggest a need for operational improvements and better cash management to enhance financial health.
Income Statement
20
Very Negative
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
40
Negative
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
15
Very Negative
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 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
42.80M36.85M15.75M19.80M40.78M
Gross Profit
14.49M6.10M10.53M15.65M31.61M
EBIT
-14.45M-18.18M-12.47M-5.59M-12.26M
EBITDA
-4.08M-7.31M-8.13M-1.68M-3.22M
Net Income Common Stockholders
-18.95M-22.96M-11.49M-6.14M-10.76M
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.19M4.44M3.45M8.08M38.16M
Total Assets
140.11M157.32M158.51M136.83M123.65M
Total Debt
93.96M91.50M73.61M37.30M19.59M
Net Debt
90.77M87.07M70.16M29.22M-18.58M
Total Liabilities
106.14M106.12M84.33M51.16M31.84M
Stockholders Equity
34.45M51.56M74.52M85.94M91.90M
Cash FlowFree Cash Flow
0.00-12.18M-39.31M-45.86M-15.83M
Operating Cash Flow
0.00-3.07M-7.19M2.31M-2.90M
Investing Cash Flow
0.00-9.11M-32.13M-47.56M-12.55M
Financing Cash Flow
0.0013.16M34.69M15.17M-2.99M

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

Technical Analysis Sentiment
Negative
Last Price0.46
Price Trends
50DMA
0.47
Negative
100DMA
0.49
Negative
200DMA
0.52
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
40.92
Neutral
STOCH
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1832, the sentiment is Negative. The current price of 0.46 is above the 20-day moving average (MA) of 0.46, below the 50-day MA of 0.47, and below the 200-day MA of 0.52, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 40.92 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1832.

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

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$6.86B11.072.77%4.27%2.66%-24.95%
50
Neutral
HK$103.23B-4.92%7.08%
48
Neutral
$462.42M13.54-2.04%-27.93%-293.98%
45
Neutral
HK$329.93M
-34.67%-99.72%
34
Underperform
HK$165.60M-44.14%15.79%17.72%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1832
S.A.I Leisure Group Co. Ltd.
0.46
-0.14
-23.33%
HK:1993
Asiaray Media Group Ltd.
0.69
-0.29
-29.59%
HK:1055
China Southern Airlines Company Limited Class H
3.87
0.79
25.65%
HK:3389
Hengdeli Holdings
0.10
-0.03
-25.19%

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

S.A.I. Leisure Group Announces AGM and Key Resolutions for 2025
Apr 30, 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
Apr 17, 2025

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.

S.A.I Leisure Group Announces Board Composition and Roles
Apr 9, 2025

S.A.I Leisure Group Co. Ltd. has announced the composition of its board of directors, which includes a mix of executive, non-executive, and independent non-executive directors. The announcement outlines the roles and committee memberships of each director, indicating a structured governance framework that could impact the company’s strategic direction and operational oversight.

S.A.I Leisure Group Renews QZ Framework Agreement with Revised Cap
Mar 27, 2025

S.A.I Leisure Group Co. Ltd. has announced the renewal of its 1H2025 QZ Framework Agreement with QZ Tours, extending it for six months from July 1, 2025, to December 31, 2025. The revised agreement maintains the same terms and conditions but sets a new annual cap of US$2,108,000. This decision reflects the company’s cautious approach due to the uncertain recovery pace of the tourism market in Saipan. The renewal and revised cap are subject to shareholder approval and compliance with applicable listing rules. An Independent Board Committee and an Independent Financial Adviser have been appointed to guide shareholders on the agreement’s terms. A circular with detailed information is expected to be dispatched to shareholders by April 17, 2025.

S.A.I. Leisure Group Announces Leadership Changes
Mar 27, 2025

S.A.I. Leisure Group Co. Ltd. announced the retirement of Mr. Schweizer Jeffrey William as a non-executive director, effective April 9, 2025, after 20 years of service. Concurrently, Ms. Cheung Pik Shan Bonnie, currently the Group Financial Controller and company secretary, will be appointed as an executive director, bringing over 25 years of experience in auditing and accounting to the role.

S.A.I. Leisure Group Reports Improved Financial Results for 2024
Mar 27, 2025

S.A.I. Leisure Group Co. Ltd. reported its financial results for the year ended December 31, 2024, showing a revenue increase to US$42.8 million from US$36.8 million in 2023. Despite the revenue growth, the company experienced an operating loss of US$14.5 million, an improvement from the previous year’s loss of US$18.2 million, and a reduced loss attributable to owners of US$19 million compared to US$23 million in 2023, reflecting a narrower profit margin.

S.A.I. Leisure Group Announces Permanent Closure of Kanoa Resort
Mar 27, 2025

S.A.I. Leisure Group Co. Ltd. has announced the permanent closure of Kanoa Resort in Saipan, effective June 15, 2025, due to the slow recovery of the leisure tourism market and the high capital expenditure required for renovation and rebranding. This decision allows the company to avoid further costs associated with the resort and focus on optimizing the performance of its other properties, particularly the Crowne Plaza resorts, amid the recovering tourism market in Guam and Saipan.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.