Overseas Chinese Town (Asia) Holdings Limited (3366) AI Stock Analysis

• Market Cap: HK$149.67M
• Dividend Yield: N/A
• Average Volume (3M): 405.87K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.43
• Revenue Growth: -62.34%
• EPS Growth: 70.06%
• Country: HK
• Employees: 133
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): -0.28
• Shares Outstanding: 748,366,000
• 10 Day Avg. Volume: 311,400
• 30 Day Avg. Volume: 405,866
• PEG Ratio: 0.01
• Price to Book (P/B): -0.32
• Price to Sales (P/S): 0.17
• P/FCF Ratio: -0.17
• 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: Hold
• Number of Analyst Covering: 1

• Rating: 41 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily impacted by severe financial distress, characterized by negative equity and poor cash flow generation. Technical indicators suggest bearish momentum, and valuation metrics are weak due to negative earnings and lack of dividends.

Overseas Chinese Town (Asia) Holdings Limited Business Overview & Revenue Model

Company Description

Overseas Chinese Town (Asia) Holdings Limited is a Hong Kong-based investment holding company primarily engaged in tourism, real estate development, and cultural services. The company operates in various sectors, including theme parks, hotel management, and property development, focusing on creating integrated cultural and tourism experiences. Its core products and services include the management and operation of cultural tourism projects, as well as the development of residential and commercial properties.

How the Company Makes Money

The company generates revenue through multiple key streams, including ticket sales from its theme parks, fees from hotel accommodations, and sales from its real estate developments. The theme parks, which are a major revenue driver, attract visitors both domestically and internationally, providing a significant income through entrance fees and ancillary services such as food and merchandise sales. Additionally, the company earns from property sales and leasing income from its real estate projects. Partnerships with local governments and tourism organizations also enhance its market reach and contribute to its earnings by facilitating joint ventures and promotional activities that attract more visitors to its properties.

Overseas Chinese Town (Asia) Holdings Limited Financial Statement Overview

Summary

The company is experiencing severe financial distress with declining revenues, persistently negative profits, and an alarming balance sheet with negative equity. High leverage and lack of cash flow generation further exacerbate the financial challenges.

Income Statement

The company exhibited declining revenue with a significant drop from 2022 to 2024. Gross profit margins decreased from 24.9% in 2020 to 14.0% in 2024, and net income was negative for five consecutive years. The EBIT margin turned negative, indicating operational challenges and poor profitability.

Balance Sheet

The balance sheet shows a significant equity deficit in 2023 and 2024, with liabilities exceeding assets. The debt-to-equity ratio is not calculable due to negative equity, signifying financial instability. The company is highly leveraged, increasing financial risk.

Cash Flow

The company consistently reported negative operating and free cash flows, indicating poor cash generation capabilities. The inability to generate positive free cash flow poses significant risks to sustaining operations and financing obligations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	628.76M	966.53M	1.26B	3.07B	1.47B	1.31B
Gross Profit	70.09M	135.02M	139.17M	322.32M	304.15M	316.48M
EBITDA	-260.16M	50.60M	-112.04M	7.07M	59.02M	637.61M
Net Income	-143.27M	-173.14M	-464.53M	-1.91B	-883.25M	63.76M
Balance Sheet
Total Assets	11.53B	11.60B	22.93B	22.78B	26.34B	25.42B
Cash, Cash Equivalents and Short-Term Investments	152.16M	96.91M	2.46B	1.93B	3.35B	4.27B
Total Debt	8.15B	8.21B	11.81B	6.87B	8.11B	8.85B
Total Liabilities	10.46B	10.40B	19.59B	12.90B	13.94B	12.20B
Stockholders Equity	-624.20M	-527.29M	-220.17M	6.19B	8.62B	9.43B
Cash Flow
Free Cash Flow	-67.58M	-1.00B	-931.71M	-1.24B	-2.24B	-2.07B
Operating Cash Flow	-63.15M	-995.69M	-834.00M	-1.04B	-2.18B	-1.86B
Investing Cash Flow	1.42B	1.39B	2.38B	-47.90M	2.15B	1.06B
Financing Cash Flow	-2.69B	-2.78B	-1.01B	-320.08M	-912.92M	3.38B

Overseas Chinese Town (Asia) Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3366, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.22, and below the 200-day MA of 0.21, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 32.23 is Neutral, neither overbought nor oversold. The STOCH value of 19.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3366.

Overseas Chinese Town (Asia) Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
3366	41 Neutral	HK$149.67M	―	―	―	-62.34%	70.06%
6968	41 Neutral	€123.26M	―	-26.32%	―	-70.72%	-667.17%
6158	41 Neutral	€170.34M	―	―	―	-70.13%	-16.86%
0185	39 Underperform	€225.78M	―	-157.74%	―	-14.64%	69.18%
1996	39 Underperform	HK$139.23M	―	-1347.47%	―	-59.30%	19.71%

Overseas Chinese Town (Asia) Holdings Limited Corporate Events

Overseas Chinese Town (Asia) Holdings Limited Reports 2024 Annual Results

Overseas Chinese Town (Asia) Holdings Limited reported its annual financial results for the year ending December 31, 2024, showing a significant reduction in revenue from RMB 1,262,753,000 in 2023 to RMB 966,530,000 in 2024. Despite this, the company managed to improve its operational profit to RMB 623,179,000 from a loss of RMB 125,042,000 the previous year, although it still ended the year with a net loss of RMB 213,395,000. The results indicate a challenging year with decreased revenue and increased finance costs, but also highlight an improvement in operational efficiency.

Overseas Chinese Town (Asia) Holdings Schedules Board Meeting for Financial Results

Overseas Chinese Town (Asia) Holdings Limited has announced a Board meeting scheduled for March 28, 2025, to approve the company’s final results for the year ending December 31, 2024, and to consider the payment of a final dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.