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Aseana Properties (ASPL) AI Stock Analysis
Aseana Properties
(LSE:ASPL)
Overall score reflects mixed fundamentals: improved 2025 profitability and a healthier leverage profile are positives, but weak 2025 cash generation and historically volatile results are the main risks. Valuation is attractive on a low P/E, while technicals are only moderately supportive due to an overbought RSI despite mildly positive trend signals.
Aseana Properties (ASPL) vs. iShares MSCI United Kingdom ETF (EWC)
- Market Cap
- $16.02M
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- 2.4
- Beta (1Y)
- -0.20
- Revenue Growth
- -13.78%
- EPS Growth
- ―
- Country
- UK
- Employees
- 316
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Development
Aseana Properties Business Overview & Revenue Model
Company Description
Aseana Properties Limited (ASPL.L) operates as a real estate development firm with its primary focus on Malaysia and Vietnam, additionally serving as an investment holding vehicle. The company's activities encompass the acquisition and construction o...
How the Company Makes Money
ASPL’s earnings are primarily tied to monetising its property interests rather than operating a high-frequency, recurring-revenue service business. Key ways it makes (or is intended to make) money include: (1) Sale or disposal of property interests/l...
Aseana Properties Financial Statement Overview
Summary
Financials are mixed. Income rebounded strongly in 2025 with a swing back to solid net profit, and leverage improved meaningfully (lower debt-to-equity). However, multi-year earnings volatility and weak cash conversion stand out: 2025 operating cash flow was flat-to-negative and free cash flow was negative despite positive net income, increasing funding and sustainability risk.
Income Statement
54NeutralBalance Sheet
66PositiveCash Flow
38Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.20M | 32.38M | 18.48M | 15.75M | 11.95M | 6.27M |
| Gross Profit | 18.95M | 19.77M | 14.36M | 15.04M | 11.25M | 5.74M |
| EBITDA | 12.13M | 15.29M | -1.72M | -7.62M | -17.15M | -4.26M |
| Net Income | 8.55M | 12.21M | -9.90M | -8.73M | -15.87M | -5.75M |
Balance Sheet | ||||||
| Total Assets | 126.54M | 128.51M | 129.82M | 137.36M | 157.17M | 190.37M |
| Cash, Cash Equivalents and Short-Term Investments | 2.70M | 6.19M | 5.32M | 4.27M | 7.26M | 7.11M |
| Total Debt | 20.95M | 19.38M | 28.11M | 30.73M | 32.86M | 44.01M |
| Total Liabilities | 71.38M | 72.59M | 88.13M | 80.91M | 89.37M | 101.35M |
| Stockholders Equity | 55.11M | 55.87M | 41.65M | 63.39M | 73.21M | 91.66M |
Cash Flow | ||||||
| Free Cash Flow | -9.29M | -1.45M | 4.95M | -5.63M | -4.56M | -9.87M |
| Operating Cash Flow | -4.14M | -4,000 | 5.10M | -5.48M | -4.52M | -9.83M |
| Investing Cash Flow | -5.15M | -1.45M | -32.00K | -24.00K | 10.51M | 668.00K |
| Financing Cash Flow | 3.36M | -649.00K | -3.27M | -693.00K | -8.77M | 12.04M |
Aseana Properties Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ASPL, the sentiment is Positive. The current price of 0.07 is equal to the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 87.27 is Negative, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ASPL.
Aseana Properties Peers Comparison
Overall Rating
GB:CDFF73Outperform
GB:FPO69Neutral- GB:ASPL58Neutral
GB:PCA54Neutral
GB:CIC40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| GB:CDFF | 73Outperform | GBP 27.15M | 20.99 | 4.34% | 1.09% | 3.71% | 29.79% |
| GB:FPO | 69Neutral | GBP 24.02M | 8.93 | 5.63% | 1.54% | 15.45% | 8.98% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| GB:ASPL | 58Neutral | $20.28M | 2.37 | 15.40% | ― | -13.78% | ― |
| GB:PCA | 54Neutral | GBP 29.87M | -7.23 | -11.17% | 4.79% | ― | ― |
| GB:CIC | 40Underperform | GBP 17.89M | -1.76 | -19.67% | ― | 120.54% | 65.03% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GB:ASPL | Aseana Properties | 0.07 | -0.00 | -6.67% | |
| GB:CDFF | The Cardiff Property | 2750.00 | 178.64 | 6.95% | |
| GB:CIC | The Conygar Investment | 30.00 | -1.20 | -3.85% | |
| GB:FPO | First Property | 16.25 | 1.04 | 6.82% | |
| GB:PCA | Palace Capital | 188.00 | -14.31 | -7.07% | |
| GB:ALSP | Ace Liberty & Stone Plc | 35.00 | 5.00 | 16.67% |
Aseana Properties Corporate Events
Aseana CEO Boosts Stake with Major Share Purchase
PositiveAseana Properties Limited has disclosed that its Chief Executive Officer, Leong Kheng Cheong, has acquired 9,000,000 ordinary shares in the company at a price of US$0.07 per share. The purchase increases his stake to approximately 3.10 per cent of As...
Aseana Properties H1 2026 results show stronger underlying performance despite FX hit
NeutralAseana Properties reported unaudited revenue of US$11.0 million for the six months to 30 June 2026, driven mainly by The RuMa Hotel and Residences, alongside steady performance at Sandakan Harbour Mall and the April reopening of the refurbished Sanda...
Aseana hands RuMa and Ormond Sandakan management to Ormond Group in related-party deal
PositiveAseana Properties has signed hotel management agreements with Ormond Group for The RuMa Hotel and Residences in Kuala Lumpur and the Ormond Sandakan property in Malaysia. The deals align Aseana’s hospitality assets with Ormond’s design-le...
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.
Date of analysis: Sep 18, 2026