AMTD IDEA Group Class A (HKB) AI Stock Analysis

• Market Cap: S$1.44B
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): 22.8
• Beta (1Y): -9.77
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: SG
• Employees: 214
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.02
• Shares Outstanding: 242,765,730
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: S$3.50
• Price Target Upside: -2.78% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: S$3.50 ▼(-2.78% Downside)

The overall stock score is primarily influenced by financial performance challenges, including declining revenue and profitability, and deteriorating cash flow. Technical analysis shows mixed signals with stable prices but extreme overbought conditions. Valuation is moderate with a P/E ratio of 22.828, but the lack of a dividend yield may reduce attractiveness.

AMTD IDEA Group Class A Business Overview & Revenue Model

Company Description

AMTD IDEA Group Class A (HKB) is a diversified financial services company based in Hong Kong that operates in several sectors, including investment banking, asset management, and digital financial services. The company focuses on providing innovative solutions to clients, leveraging technology to enhance its service offerings. Its core products and services encompass capital market advisory, underwriting, wealth management, and digital asset services, catering to a broad range of clients from corporates to individual investors.

How the Company Makes Money

AMTD IDEA Group generates revenue through multiple streams, primarily from fees associated with its investment banking services, which include advisory and underwriting fees for capital market transactions. Additionally, the company earns income from asset management services, where it charges management fees on the funds it manages for clients. Revenue is also derived from transaction fees related to its digital financial services platform, which may include commissions on trades and other financial products. Strategic partnerships with technology firms and financial institutions further enhance its service offerings and contribute to its revenue growth.

AMTD IDEA Group Class A Financial Statement Overview

Summary

The company faces challenges with declining revenue and profitability, as reflected in the income statement. Despite a strong balance sheet with low leverage, the cash flow performance has deteriorated, raising concerns about liquidity. The company needs to address revenue growth and improve cash flow management to enhance financial stability.

Income Statement

The income statement shows a significant decline in revenue and profitability in the most recent year. The gross profit margin and net profit margin have decreased substantially, indicating challenges in maintaining profitability. The revenue growth rate is negative, reflecting a contraction in business operations. However, the company has maintained a positive EBIT and EBITDA margin, suggesting some operational efficiency.

Balance Sheet

The balance sheet remains relatively strong with a low debt-to-equity ratio, indicating conservative leverage. The equity ratio is healthy, suggesting a stable financial structure. However, the return on equity has decreased, pointing to reduced profitability from shareholder investments.

Cash Flow

Cash flow analysis reveals a significant decline in free cash flow growth, indicating potential liquidity challenges. The operating cash flow to net income ratio is low, suggesting inefficiencies in converting income to cash. The free cash flow to net income ratio remains stable, but overall cash flow performance has weakened.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	54.07M	122.72M	22.42M	177.64M	141.51M
Gross Profit	24.45M	157.25M	21.51M	177.47M	141.25M
EBITDA	75.49M	102.06M	155.74M	172.90M	131.91M
Net Income	51.04M	142.99M	18.23M	157.22M	146.92M
Balance Sheet
Total Assets	2.07B	1.49B	1.06B	857.67M	1.36B
Cash, Cash Equivalents and Short-Term Investments	87.86M	120.23M	138.16M	67.49M	58.56M
Total Debt	283.49M	96.55M	457.24K	16.13M	14.99M
Total Liabilities	369.89M	193.02M	58.25M	115.17M	103.47M
Stockholders Equity	1.59B	1.29B	969.74M	740.50M	1.25B
Cash Flow
Free Cash Flow	5.15M	39.91M	26.80M	55.76M	257.19M
Operating Cash Flow	5.16M	39.98M	26.80M	55.76M	257.21M
Investing Cash Flow	-45.34M	-266.97M	-73.88M	-46.00M	-461.96M
Financing Cash Flow	-17.34M	209.35M	117.52M	-854.11K	164.39M

AMTD IDEA Group Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
S41	72 Outperform	S$1.18B	14.04	4.02%	4.85%	-10.51%	-15.79%
Sector *	68 Neutral	$17.80B	11.94	9.89%	3.74%	9.69%	1.17%
YF8	63 Neutral	S$3.65B	10.97	8.61%	3.17%	-9.47%	131.72%
HKB	54 Neutral	S$1.44B	22.83		―	―	―
4LJ	―	€1.74B	10.55	10.50%	―	―	―
TCU	―	S$320.24M	29.70	20.94%	―	―	―