Associated International Hotels Limited (0105) AI Stock Analysis

Associated International Hotels Limited

(HKEX:0105)

Select Model

Rating:53Neutral

Price Target:HKD 5.00▲(0.00% Upside)

Action:reiterated

Date:10/30/26

The score is primarily constrained by ongoing losses and weak profitability, despite a conservative balance sheet and positive cash generation. Weak technical momentum and a negative P/E further temper the appeal, while the high dividend yield provides limited support.

Positive Factors

Conservative Balance SheetVery low leverage limits balance-sheet financial risk and reduces the burden of interest obligations. This gives the company greater resilience through operating volatility and preserves flexibility to maintain assets, fund operations, or pursue opportunities without relying heavily on additional borrowing.

Negative Factors

Recurring Earnings LossesThe recent swing into sizable losses demonstrates that strong gross margins have not translated into dependable bottom-line earnings. Continued earnings volatility weakens visibility into sustainable returns, limits internally generated equity growth, and remains the company’s central fundamental concern.

Associated International Hotels Limited (0105) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 1.80B
Dividend Yield: 6.60%
Average Volume (3M): 24.00K
Price to Earnings (P/E): -3.8
Beta (1Y): 0.11
Revenue Growth: -4.29%
EPS Growth: 15.38%
Country: Hong Kong
Employees: 35
Sector: Real Estate
Sector Strength: 65
Industry: Real Estate - Services

Associated International Hotels Limited Business Overview & Revenue Model

Company Description

Associated International Hotels Limited operates as an investment holding firm, concentrating its real estate ventures within Hong Kong. The company's property portfolio is extensive, featuring the prominent iSQUARE shopping and entertainment complex...

Associated International Hotels Limited Financial Statement Overview

Summary

Strong balance-sheet quality and positive cash generation are offset by recurring net losses, volatile margins, declining equity, and weakening free-cash-flow momentum.

Income Statement

34Negative

Balance Sheet

72Positive

Cash Flow

67Positive

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	305.80M	305.80M	299.01M	292.14M	299.28M	301.32M
Gross Profit	207.64M	207.64M	204.53M	197.84M	213.93M	212.15M
EBITDA	-216.03M	-437.31M	-520.03M	417.74M	192.03M	-1.09B
Net Income	-474.43M	-474.43M	-560.63M	376.76M	-1.58B	-1.12B
Balance Sheet
Total Assets	7.03B	7.03B	7.61B	8.32B	8.07B	9.80B
Cash, Cash Equivalents and Short-Term Investments	533.21M	533.21M	510.84M	506.52M	452.42M	440.76M
Total Debt	201.23M	201.23M	200.00M	201.41M	201.49M	200.00M
Total Liabilities	471.74M	471.74M	465.80M	461.53M	449.54M	482.93M
Stockholders Equity	6.55B	6.55B	7.15B	7.86B	7.62B	9.32B
Cash Flow
Free Cash Flow	137.84M	129.86M	140.43M	181.96M	132.26M	185.82M
Operating Cash Flow	139.03M	133.09M	143.24M	183.69M	137.19M	187.99M
Investing Cash Flow	-3.23M	5.89M	20.10M	22.55M	-4.31M	18.80M
Financing Cash Flow	-119.11M	-126.22M	-159.03M	-152.15M	-121.22M	-139.72M

Associated International Hotels Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price5.00

Price Trends

50DMA5.02Negative

100DMA5.05Negative

200DMA5.06Negative

Market Momentum

MACD-0.01Negative

RSI27.16Positive

STOCH42.56Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0105, the sentiment is Negative. The current price of 5.00 is below the 20-day moving average (MA) of 5.00, below the 50-day MA of 5.02, and below the 200-day MA of 5.06, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 27.16 is Positive, neither overbought nor oversold. The STOCH value of 42.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0105.

Associated International Hotels Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

HK:0105 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:0071	71Outperform	HKD 6.77B	9.89	3.22%	5.41%	-10.82%	-1.24%
Sector *	65Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
HK:0224	59Neutral	HKD 680.88M	13.02	0.71%	3.28%	-7.15%	―
HK:0105	53Neutral	HKD 1.80B	-3.79	-7.04%	6.60%	-4.29%	15.38%
HK:0037	44Neutral	HKD 342.40M	-51.70	-2.26%	―	-11.66%	81.28%
HK:0108	42Neutral	HKD 7.06B	-37.61	-18.68%	―	24.51%	80.28%
HK:0727	38Underperform	HKD 489.66M	-2.21	-11.01%	―	-33.47%	-345.18%

* Real Estate Sector Average

Performance Comparison

HK:0105 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:0105	Associated International Hotels Limited	5.00	0.08	1.61%
HK:0071	Miramar Hotel & Investment Co	9.79	0.62	6.78%
HK:0224	Pioneer Global Group Limited	0.59	0.03	5.36%
HK:0108	GR Properties Limited	2.13	0.20	10.10%
HK:0037	Far East Hotels & Entertainment Ltd.	0.46	-0.01	-1.09%
HK:0727	Crown International Corporation Limited	0.39	-0.44	-53.33%

Associated International Hotels Limited Corporate Events

Associated International Hotels Wins Strong Shareholder Backing at AGM

Sep 4, 2026

Associated International Hotels Limited, a Hong Kong-listed hospitality company, focuses on hotel ownership and management, serving both local and international guests through its regional portfolio. The firm maintains a standard governance model wit...

Associated International Hotels Proposes Re-Appointment of KPMG as Auditor

Aug 3, 2026

Associated International Hotels Limited has issued a supplemental announcement to its AGM materials detailing the proposed re-appointment of KPMG as its external auditor for the next financial year. The board, acting on the recommendation of its audi...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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: Oct 29, 2026

Associated International Hotels Limited AI Stock Analysis