Want to see HK:0129 full AI Analyst Report?
Top Page
Asia Standard International Group
(0129)
Select Model
Select Model
Rating:46Neutral
Price Target:
HK$0.17
▼(-1.76% Downside)
Action:Reiterated
Date:07/31/26
The score is constrained primarily by weak and inconsistent profitability (large recent losses and negative ROE) alongside elevated leverage, which increases risk if earnings remain pressured. Positive recent operating and free cash flow provides a partial offset, but technicals lean weaker over the longer term (price below the 100-day and 200-day averages), and valuation metrics are not supportive due to negative earnings and no provided dividend yield.
Positive Factors
Revenue Recovery
The return to revenue growth after a volatile period indicates renewed activity across the property-related business. Sustained recovery could improve operating absorption and provide a broader base for restoring profitability.
Negative Factors
Persistent Net Losses
A multi-year loss streak undermines earnings visibility and indicates that revenue recovery has not translated into shareholder returns. The very weak 2026 margin suggests profitability repair may require sustained improvement in operations and market conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
The return to revenue growth after a volatile period indicates renewed activity across the property-related business. Sustained recovery could improve operating absorption and provide a broader base for restoring profitability.
Read all positive factors
Asia Standard International Group (0129) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$252.87M
Dividend Yield2.91%
Average Volume (3M)124.97K
Price to Earnings (P/E)―
Beta (1Y)0.64
Revenue Growth163.09%
EPS Growth52.42%
CountryHK
Employees200
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)-1.31
Shares Outstanding1,420,635,400
10 Day Avg. Volume128,922
30 Day Avg. Volume124,967
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.03
Price to Sales (P/S)0.04
P/FCF Ratio0.15
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
Asia Standard International Group Business Overview & Revenue Model
Company Description
Asia Standard International Group Limited functions as an investment holding enterprise with a primary focus on real estate. Its core operations involve the acquisition, development, and management of various property types, including commercial, ...
How the Company Makes Money
Asia Standard International Group makes money primarily through: (1) Property-related income: revenue and profit generated from property development and/or property investment activities, which typically include proceeds from the sale of developed...
Asia Standard International Group Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
47
Neutral
Cash Flow
58
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.33B | 2.41B | 1.74B | 2.51B | 2.46B |
| Gross Profit | 1.57B | 1.54B | 1.58B | 2.28B | 2.27B |
| EBITDA | 138.19M | -2.73B | -5.47B | -649.49M | 2.17B |
| Net Income | -1.86B | -3.75B | -5.79B | -883.58M | 1.35B |
Balance Sheet | |||||
| Total Assets | 25.74B | 30.93B | 34.14B | 35.02B | 42.32B |
| Cash, Cash Equivalents and Short-Term Investments | 2.55B | 2.01B | 3.43B | 6.55B | 12.69B |
| Total Debt | 14.26B | 15.94B | 17.76B | 17.33B | 17.25B |
| Total Liabilities | 15.06B | 19.23B | 19.46B | 18.61B | 19.70B |
| Stockholders Equity | 10.68B | 11.69B | 14.45B | 16.01B | 21.72B |
Cash Flow | |||||
| Free Cash Flow | 1.93B | 2.11B | -1.06B | -997.64M | 137.83M |
| Operating Cash Flow | 1.94B | 2.16B | -1.02B | -721.65M | 230.57M |
| Investing Cash Flow | -52.66M | -351.54M | -193.44M | -309.13M | -48.67M |
| Financing Cash Flow | -1.70B | -1.91B | 1.22B | 31.02M | -1.09B |
Asia Standard International Group Technical Analysis
Positive
0.17
Price Trends
0.18
Negative
0.19
Negative
0.21
Negative
Market Momentum
>-0.01
Negative
51.13
Neutral
76.92
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0129, the sentiment is Positive. The current price of 0.17 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.18, and below the 200-day MA of 0.21, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.13 is Neutral, neither overbought nor oversold. The STOCH value of 76.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0129.
Asia Standard International Group Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
56 Neutral | HK$1.92B | 0.19 | 46.43% | 2.46% | -20.87% | 9155.74% | |
46 Neutral | HK$252.87M | -0.14 | -16.70% | 2.91% | 163.09% | 52.42% | |
46 Neutral | HK$125.72M | -0.21 | -31.03% | 6.52% | -18.88% | -179.30% | |
44 Neutral | HK$50.00M | -2.02 | -26.67% | 1.70% | -37.07% | -753.33% | |
44 Neutral | HK$304.56M | -41.72 | -66.95% | ― | ― | -700.00% | |
41 Neutral | HK$69.57M | -5.46 | -82.36% | 13.54% | ― | 79.32% |
* Financial Sector Average
HK:0129
Asia Standard International Group
0.18
-0.14
-44.38%
HK:1140
Wealthking Investments Limited
0.11
0.02
18.28%
HK:0174
Gemini Investments (Holdings) Limited
0.17
-0.13
-42.67%
HK:0310
Prosperity Investment Holdings Limited
0.11
0.01
12.00%
HK:0339
Core Economy Investment Group Limited
0.69
0.51
283.33%
HK:8313
ZACD Group Ltd.
0.03
<0.01
26.09%
Asia Standard International Group Corporate Events
Asia Standard International Wins Strong Shareholder Backing at AGM, Appoints New Auditor
Aug 28, 2026
Asia Standard International Group shareholders approved all resolutions at the 28 August 2026 annual general meeting, including the receipt of audited financial statements for the year ended 31 March 2026 and the re-election of four directors, wit...
Asia Standard International Sets AGM to Renew Board, Auditor and Share Issuance Mandate
Aug 4, 2026
Asia Standard International Group has called its annual general meeting for 28 August 2026 in Hong Kong, where shareholders will review the audited financial statements for the year ended 31 March 2026 and vote on the re-election of several direct...
Asia Orient and Asia Standard to Replace PwC with Deloitte as Auditor
Jul 31, 2026
Asia Orient Holdings and Asia Standard International Group plan to change their external auditor, ending the long tenure of PricewaterhouseCoopers after the annual general meetings scheduled for August 2026. The boards and audit committees view th...
Asia Orient and Asia Standard Roll Chinese Bond Swaps to CMBI
Jul 22, 2026
Asia Orient Holdings and Asia Standard International have replaced their existing total return swap arrangements with Morgan Stanley by entering into new total return swap contracts with CMB International on 21 July 2026. The move allows both grou...
Asia Standard International Narrows Loss as Revenue Surges but Assets Decline
Jun 29, 2026
Asia Standard International Group reported a sharp increase in revenue to HK$6.33 billion for the year ended 31 March 2026, driven by higher sales of goods and services, leasing and other income. Despite this topline growth, the group remained los...
Asia Standard International Sets Board Meeting to Approve 2026 Final Results and Consider Dividend
Jun 16, 2026
Asia Standard International Group Limited has scheduled a board meeting in Hong Kong on 29 June 2026 to approve the consolidated final results for the financial year ended 31 March 2026. The board will also consider whether to recommend a final di...
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.