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Asia Standard International Group (0129) AI Stock Analysis
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Asia Standard International Group
(HKEX:0129)
The score is held back primarily by weak and inconsistent profitability (large recent losses and negative ROE) alongside elevated leverage, which increases risk if earnings remain pressured. Technicals add further downside bias with the price below key moving averages and negative momentum signals. Positive operating and free cash flow in the last two years provides some support, but volatility and the 2026 FCF decline limit confidence.
Asia Standard International Group (0129) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 42.62M
- Dividend Yield
- ―
- Average Volume (3M)
- 202.85K
- Price to Earnings (P/E)
- -0.1
- Beta (1Y)
- 0.45
- Revenue Growth
- 163.09%
- EPS Growth
- 52.42%
- Country
- Hong Kong
- Employees
- 200
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
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, res...
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 pr...
Asia Standard International Group Financial Statement Overview
Summary
Financial quality is mixed. Income statement performance is weak with multi-year net losses and very poor 2026 profitability (net margin ~-29%) despite modest positive EBITDA margin, while leverage is elevated (debt-to-equity ~1.34x) and ROE is negative (~-17%). Offsetting this, cash flow is a relative bright spot with positive operating cash flow and strong free cash flow in 2025–2026, though volatility and the sharp FCF decline in 2026 remain concerns.
Income Statement
28NegativeBalance Sheet
47NeutralCash Flow
58Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.33B | 6.33B | 2.41B | 1.74B | 2.07B | 2.51B |
| Gross Profit | 1.28B | 1.28B | 1.27B | 1.30B | 1.68B | 2.13B |
| EBITDA | -1.04B | -1.04B | -2.92B | -5.66B | 1.45B | -585.47M |
| Net Income | -1.86B | -1.86B | -3.75B | -5.79B | 801.41M | -883.58M |
Balance Sheet | ||||||
| Total Assets | 25.74B | 25.74B | 30.93B | 34.14B | 37.90B | 35.02B |
| Cash, Cash Equivalents and Short-Term Investments | 2.55B | 2.55B | 2.01B | 3.43B | 7.05B | 6.55B |
| Total Debt | 14.32B | 14.26B | 15.94B | 17.76B | 16.55B | 17.33B |
| Total Liabilities | 15.06B | 15.06B | 19.23B | 19.46B | 17.93B | 18.61B |
| Stockholders Equity | 10.68B | 10.68B | 11.69B | 14.45B | 19.44B | 16.01B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 1.93B | 2.11B | -1.06B | -912.57M | -997.64M |
| Operating Cash Flow | 0 | 1.94B | 2.16B | -1.02B | -858.21M | -721.65M |
| Investing Cash Flow | 0 | -52.66M | -351.54M | -193.44M | 41.28M | -309.13M |
| Financing Cash Flow | 0 | -1.70B | -1.91B | 1.22B | -758.77M | 31.02M |
Asia Standard International Group Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0129, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.17, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 38.32 is Neutral, neither overbought nor oversold. The STOCH value of 15.28 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0129.
Asia Standard International Group Peers Comparison
Overall Rating
HK:114056Neutral
HK:031052Neutral- HK:012946Neutral
HK:017445Neutral
HK:831341Neutral
HK:033939Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| HK:1140 | 56Neutral | HKD 1.52B | 0.15 | 46.43% | ― | -20.87% | 9155.74% |
| HK:0310 | 52Neutral | HKD 84.47M | -6.60 | -82.36% | ― | ― | 79.32% |
| HK:0129 | 46Neutral | HKD 225.88M | -0.12 | -16.70% | ― | 163.09% | 52.42% |
| HK:0174 | 45Neutral | HKD 139.60M | -0.23 | -31.03% | ― | -18.86% | -179.30% |
| HK:8313 | 41Neutral | HKD 46.00M | -1.17 | -26.67% | ― | -37.07% | -753.33% |
| HK:0339 | 39Underperform | HKD 291.60M | -39.94 | -66.95% | ― | ― | -700.00% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0129 | Asia Standard International Group | 0.16 | -0.14 | -47.00% | |
| HK:1140 | Wealthking Investments Limited | 0.09 | -0.15 | -62.82% | |
| HK:0174 | Gemini Investments (Holdings) Limited | 0.19 | -0.03 | -11.98% | |
| HK:0310 | Prosperity Investment Holdings Limited | 0.14 | -0.10 | -41.88% | |
| HK:0339 | Core Economy Investment Group Limited | 0.68 | 0.52 | 327.22% | |
| HK:8313 | ZACD Group Ltd. | 0.02 | -0.01 | -34.29% |
Asia Standard International Group Corporate Events
Asia Standard International Wins Strong Shareholder Backing at AGM, Appoints New Auditor
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, with o...
Asia Standard International Sets AGM to Renew Board, Auditor and Share Issuance Mandate
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 directors...
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: Nov 01, 2026