Want to see HK:1939 full AI Analyst Report?
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$0.35 - HK$9.00
Previous CloseN/A
Volume400.00K
Average Volume (3M)1.25M
Market Cap
HK$322.48M
Enterprise ValueHK$205.10M
Total Cash (Recent Filing)HK$100.26M
Total Debt (Recent Filing)HK$34.72M
Price to Earnings (P/E)―
Beta0.93
Next Earnings
Nov 30, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.32%
Share Statistics
EPS (TTM)-0.04
Shares Outstanding511,880,000
10 Day Avg. Volume187,800
30 Day Avg. Volume1,245,513
Financial Highlights & Ratios
PEG Ratio-1.14
Price to Book (P/B)0.93
Price to Sales (P/S)2.49
P/FCF Ratio-4.89
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
Revenue ReboundThe sharp 2026 revenue rebound indicates renewed transaction activity and market demand for the company’s auction operations. If sustained, higher volume can broaden the fee base, improve operating absorption, and provide a foundation for restoring profitability over the next several quarters.
Low LeverageA modest debt burden and strong equity base give Tokyo Chuo Auction Holdings greater financial flexibility than a highly leveraged business. This supports continued operation through uneven results, reduces balance-sheet pressure, and preserves capacity to fund initiatives or absorb volatility.
Transaction-Fee Business ModelThe company operates a transaction-linked marketplace model with several fee streams connected to auction activity and related services. This structure can benefit from recurring participation by buyers and sellers, while multiple fee categories provide more than one route to monetize market operations.
Bears Say
Persistent Net LossesFour consecutive years of net losses show that the business has not yet converted its operations into durable earnings. Although losses improved from earlier periods, the prolonged deficit weakens internal capital generation and leaves the revenue rebound unproven as a sustainable profit recovery.
Weak Cash GenerationThe sharp reversal into negative operating and free cash flow indicates that reported revenue recovery has not translated into cash generation. Volatility across prior years further raises execution risk, potentially limiting self-funded investment and increasing reliance on the balance sheet.
Negative Returns And MarginsDeeply negative operating and net margins show that the company’s cost base still exceeds the revenue generated by its auction activities. Continued negative returns also signal inefficient use of shareholder capital, making a durable earnings turnaround dependent on substantial operating improvement.
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$0.35 and its highest was HK$9.00 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$322.48M.
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 31 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.
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 1.32%. 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. 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
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-92.84%
12-Months-Change
Fundamentals
Return on Equity
-8.54%
Trailing 12-Months
Asset Growth
13.88%
Trailing 12-Months
Learn more about TipRanks 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.
Technical Analysis
GOME Retail Holdings
―
YesAsia Holdings Limited
―
MINISO Group Holding Ltd.
―
Sa Sa International Holdings Limited
―
Yoho Group Holdings Ltd.
―