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1939 Stock Chart & Stats
HK$1.09
HK$0.00(0.00%)
At close: 4:00 PM EDT
HK$1.09
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$0.43 - HK$10.48
Previous CloseN/A
Volume400.00K
Average Volume (3M)3.57M
Market Cap
HK$240.58M
Enterprise ValueHK$258.19M
Total Cash (Recent Filing)HK$78.58M
Total Debt (Recent Filing)HK$42.16M
Price to Earnings (P/E)―
Beta0.64
Next Earnings
Nov 30, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding511,880,000
10 Day Avg. Volume2,781,310
30 Day Avg. Volume3,570,523
Financial Highlights & Ratios
PEG Ratio0.43
Price to Book (P/B)1.04
Price to Sales (P/S)3.71
P/FCF Ratio6.21
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetA debt-to-equity ratio of 0.20 indicates low leverage, giving the company durable financial flexibility. Lower financial risk supports the ability to fund working capital, absorb demand shocks, and pursue selective investments or small M&A without stressing liquidity over the next several months.
Operating Cash Flow Turned PositiveThe turnaround to positive operating cash flow reflects improved cash conversion and underlying business cash generation. Positive OCF reduces dependence on financing for day-to-day needs, enabling reinvestment in operations and improving resilience versus purely accounting profits over a 2–6 month horizon.
High Gross Profit MarginA gross margin of 78.14% denotes structural pricing power or favorable service mix in auction operations. Such a high gross margin provides a durable buffer to cover fixed costs and supports potential operating leverage if SG&A is controlled, aiding sustained margin recovery over time.
Bears Say
Negative EBIT And Net Profit MarginsPersistent negative EBIT and net margins show the company is not converting revenue into operating profits despite strong gross margins. This raises concerns about structural operating inefficiencies or high overhead that must be addressed for sustainable returns and reinvestment capacity over the medium term.
Weak Free Cash Flow Growth And ConversionNegative free cash flow growth and a FCF-to-net-income ratio near 1 indicate limited surplus cash after operations and investments. Even with positive OCF, weak FCF growth constrains capital allocation, limits strategic options and reduces the buffer against shocks across the coming quarters.
Limited Operational Scale (small Headcount)A small workforce (36 employees) suggests constrained operational scale for an auction operator where network effects, marketing reach and logistics capability matter. Limited scale can impede revenue diversification, technology investment and margin improvements needed for durable competitiveness.
Tokyo Chuo Auction Holdings Ltd. News
1939 FAQ
What was Tokyo Chuo Auction Holdings Ltd.’s price range in the past 12 months?
Tokyo Chuo Auction Holdings Ltd. lowest stock price was HK$0.43 and its highest was HK$10.48 in the past 12 months.
What is Tokyo Chuo Auction Holdings Ltd.’s market cap?
Tokyo Chuo Auction Holdings Ltd.’s market cap is HK$240.58M.
When is Tokyo Chuo Auction Holdings Ltd.’s upcoming earnings report date?
Tokyo Chuo Auction Holdings Ltd.’s upcoming earnings report date is Nov 30, 2026 which is in 151 days.
How were Tokyo Chuo Auction Holdings Ltd.’s earnings last quarter?
Tokyo Chuo Auction Holdings Ltd. released its earnings results on Jun 30, 2026. The company reported -HK$0.044 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.044.
Is Tokyo Chuo Auction Holdings Ltd. overvalued?
According to Wall Street analysts Tokyo Chuo Auction Holdings Ltd.’s price is currently Overvalued.
Does Tokyo Chuo Auction Holdings Ltd. pay dividends?
Tokyo Chuo Auction Holdings Ltd. pays a Annually dividend of HK$0.01 which represents an annual dividend yield of N/A. See more information on Tokyo Chuo Auction Holdings Ltd. dividends here
What is Tokyo Chuo Auction Holdings Ltd.’s EPS estimate?
Tokyo Chuo Auction Holdings Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Tokyo Chuo Auction Holdings Ltd. have?
Tokyo Chuo Auction Holdings Ltd. has 511,880,000 shares outstanding.
What happened to Tokyo Chuo Auction Holdings Ltd.’s price movement after its last earnings report?
Tokyo Chuo Auction Holdings Ltd. reported an EPS of -HK$0.044 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.083%.
Which hedge fund is a major shareholder of Tokyo Chuo Auction Holdings Ltd.?
Currently, no hedge funds are holding shares in HK:1939
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tokyo Chuo Auction Holdings Ltd. Stock Smart Score
Company Description
Tokyo Chuo Auction Holdings Ltd.
Shangshan Gold International Holdings Limited, an investment holding company, provides auction, artwork sales, and related services in Hong Kong and Japan. It offers auctions for Chinese and Japanese artworks, such as paintings and calligraphies, antiques, and teawares under the Tokyo Chuo Auction brand name; and exhibition services. The company is also involved in the money lending services, as well as operates an online trading and information platform. Its customers primarily include sellers who consign artworks for art auction and related business; and buyers who purchase artworks in the art auctions, including artworks artists, masters, experts, merchants, collectors, art galleries, and private museums. The company was formerly known as Tokyo Chuo Auction Holdings Limited and changed its name to Shangshan Gold International Holdings Limited in August 2025. Shangshan Gold International Holdings Limited was founded in 2010 and is headquartered in Tokyo, Japan.
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