Asia Standard International Group (0129) AI Stock Analysis

• Market Cap: $426.19M
• Dividend Yield: N/A
• Average Volume (3M): 721.14K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: 38.72%
• EPS Growth: 37.26%
• Country: HK
• Employees: 240
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -2.46
• Shares Outstanding: 1,420,635,400
• 10 Day Avg. Volume: 642,825
• 30 Day Avg. Volume: 721,143
• PEG Ratio: <0.01
• Price to Book (P/B): 0.04
• Price to Sales (P/S): 0.30
• P/FCF Ratio: -0.48
• Enterprise Value/Market Cap: 32.02
• Enterprise Value/Revenue: 5.64
• Enterprise Value/Gross Profit: 8.17
• Enterprise Value/Ebitda: -3.13
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: HK$0.50 ▲(66.67% Upside)

The overall stock score is primarily impacted by the company's poor financial performance and weak valuation metrics. Technical analysis also indicates bearish trends, further contributing to a low score. The absence of earnings call data and corporate events means these factors do not influence the score.

Asia Standard International Group Business Overview & Revenue Model

Company Description

Asia Standard International Group Limited, an investment holding company, invests in, develops, and manages commercial, residential, retail, and hotel properties in Hong Kong, China, and Canada. It operates through four segments: Property Sales, Property Leasing, Hotel and Travel, and Financial Investments. The company also owns and operates five hotels under the Empire brand name in Hong Kong. In addition, it provides real estate agency, financing, management, project management, securities investment, travel agency, and construction services. The company was founded in 1984 and is based in Wan Chai, Hong Kong. Asia Standard International Group Limited is a subsidiary of Asia Orient Holdings Limited.

How the Company Makes Money

Asia Standard International Group generates revenue through multiple streams. The primary source of income comes from property investment and leasing, where the company earns rental income from its extensive portfolio of residential and commercial properties. Additionally, the company realizes profits through the development and sale of real estate projects, capitalizing on market demand for new housing and commercial spaces. The hospitality segment, which includes hotel operations, contributes to revenue through room bookings, food and beverage sales, and event hosting. Strategic partnerships with other real estate developers and financial institutions also enhance the company's revenue potential by facilitating joint ventures and access to capital for large-scale projects.

Asia Standard International Group Financial Statement Overview

Summary

The company is facing significant financial challenges, including declining revenues and substantial losses. High leverage and negative returns on equity further contribute to financial instability. Despite improvements in free cash flow generation, the overall financial health remains concerning.

Income Statement

The income statement reveals a challenging financial situation for Asia Standard International Group. The company has experienced a significant decline in revenue, with a negative revenue growth rate of -42% in the latest year. Gross profit margin remains relatively strong at 63.99%, but the net profit margin is deeply negative at -155.80%, indicating substantial losses. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies and high costs. Overall, the income statement suggests financial instability and a need for strategic improvements.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 1.36, indicating significant leverage and potential financial risk. The return on equity is negative at -32.09%, highlighting the company's inability to generate profits from shareholders' equity. The equity ratio stands at 37.79%, suggesting a moderate level of equity financing. While the company has a substantial asset base, the high leverage and negative ROE are concerning and suggest financial vulnerability.

Cash Flow

The cash flow statement presents a mixed picture. The company has achieved a remarkable free cash flow growth rate of 1144.26%, indicating improved cash generation capabilities. However, the operating cash flow to net income ratio is low at 0.26, suggesting that operating cash flows are not sufficient to cover net income losses. The free cash flow to net income ratio is relatively strong at 0.98, indicating that the company is generating cash flow close to its net income. Overall, while cash flow generation has improved, the company still faces challenges in aligning cash flows with profitability.

Breakdown	TTM	Dec 2024	Dec 2024	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.42B	1.74B	2.41B	2.07B	2.51B	2.38B
Gross Profit	1.67B	1.58B	1.54B	1.82B	2.28B	1.99B
EBITDA	-4.36B	-5.47B	-2.73B	1.67B	-649.49M	1.88B
Net Income	-5.26B	-5.79B	-3.75B	801.41M	-883.58M	727.98M
Balance Sheet
Total Assets	33.35B	34.14B	30.93B	37.90B	35.02B	38.24B
Cash, Cash Equivalents and Short-Term Investments	2.57B	3.43B	2.01B	7.05B	6.55B	15.04B
Total Debt	17.14B	17.76B	15.94B	16.55B	17.33B	18.29B
Total Liabilities	19.05B	19.46B	19.23B	17.93B	18.61B	19.38B
Stockholders Equity	14.02B	14.45B	11.69B	19.44B	16.01B	18.23B
Cash Flow
Free Cash Flow	169.72M	-1.06B	2.11B	-912.57M	-997.64M	997.16M
Operating Cash Flow	233.58M	-1.02B	2.16B	-858.21M	-721.65M	1.07B
Investing Cash Flow	-346.81M	-193.44M	-351.54M	41.28M	-309.13M	-1.61B
Financing Cash Flow	-196.83M	1.22B	-1.91B	-758.77M	31.02M	1.74B

Asia Standard International Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 0.3 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.31, and below the 200-day MA of 0.32, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.22 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
1835	45 Neutral	HK$337.35M	-41.51	-2.82%	―	78.92%	75.20%
0612	42 Neutral	HK$523.08M	-4.65	-20.26%	―	-166.78%	85.53%
0129	41 Neutral	$426.19M	-0.11	-28.79%	―	38.72%	37.26%
1226	39 Underperform	HK$325.95M	-59.40	-3.51%	―	―	85.46%

Asia Standard International Group Corporate Events

Asia Standard International Streamlines Holdings with Strategic Share Acquisition

Asia Standard International Group Limited has entered into a Sale and Purchase Agreement to acquire the remaining 1.031% of Asia Standard Hotel Group Limited shares, aiming to streamline its corporate structure and reduce administrative costs. This reorganization, involving connected persons, is subject to reporting and announcement requirements but is exempt from shareholders’ approval, indicating a strategic move to consolidate its holdings and enhance operational efficiency.

The most recent analyst rating on (HK:0129) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Standard International Group stock, see the HK:0129 Stock Forecast page.

Asia Standard International Group Announces Leadership Re-designation

Asia Standard International Group Limited has announced the re-designation of Ms. Poon Tsing, Rachel from a non-executive Director to an executive Director, effective from September 1, 2025. This change is accompanied by her appointment as a Development Manager, with a new remuneration package reflecting her qualifications and contributions to the company. The re-designation is part of the company’s strategic leadership adjustments, potentially impacting its operational dynamics and stakeholder interests.

The most recent analyst rating on (HK:0129) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Standard International Group stock, see the HK:0129 Stock Forecast page.

Asia Standard International Group Announces Board Composition and Committee Roles

Asia Standard International Group Limited has announced the composition of its board of directors and the roles within its board committees. The board includes both executive and independent non-executive directors, with specific members assigned to the Audit, Remuneration, and Nomination Committees. This announcement provides clarity on the governance structure of the company, which is crucial for stakeholders interested in the company’s leadership and decision-making processes.

The most recent analyst rating on (HK:0129) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Standard International Group stock, see the HK:0129 Stock Forecast page.

Asia Standard International Group Successfully Passes AGM Resolutions

Asia Standard International Group Limited announced that all resolutions proposed at their Annual General Meeting held on August 25, 2025, were approved by shareholders. The resolutions included the re-election of directors, authorization for the board to fix directors’ remuneration, re-appointment of auditors, and granting of mandates to issue and repurchase shares. This successful passing of resolutions is likely to support the company’s governance and operational strategies, potentially enhancing its market position and stakeholder confidence.

The most recent analyst rating on (HK:0129) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Standard International Group stock, see the HK:0129 Stock Forecast page.

Asia Standard International Group Announces Board Composition

Asia Standard International Group Limited has announced the composition of its board of directors and the roles and functions of its members. The board includes executive directors, a non-executive director, and independent non-executive directors, with various members serving on the audit, remuneration, and nomination committees. This announcement provides clarity on the governance structure of the company, which is crucial for stakeholders in understanding the leadership and oversight mechanisms in place.

The most recent analyst rating on (HK:0129) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Standard International Group stock, see the HK:0129 Stock Forecast page.

Asia Standard International Announces 2025 AGM and Key Resolutions

Asia Standard International Group Limited has announced its upcoming Annual General Meeting scheduled for August 25, 2025, where shareholders will consider various resolutions, including the re-election of directors and the re-appointment of auditors. The meeting will also address the authorization for directors to issue and allot shares, which could impact the company’s capital structure and shareholder value.

Asia Standard International Announces Key Management Changes

Asia Standard International Group Limited announced significant management changes, including the retirement of Mr. Lun Pui Kan as Executive Director and Authorized Representative, after over 30 years of service. Mr. Chu Wai Ming, Benson, with extensive financial experience, has been appointed as the new Chief Financial Officer, while Mr. Tung Kwok Lui will assume the role of Authorized Representative. These changes are expected to bring fresh perspectives to the company’s financial management and governance.