Asia Standard International Group (0129) AI Stock Analysis

• Market Cap: $454.60M
• Dividend Yield: N/A
• Average Volume (3M): 121.72K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.58
• Revenue Growth: 27.90%
• EPS Growth: -3337.41%
• Country: HK
• Employees: 240
• Sector: Financial
• Sector Strength: 89
• Industry: Asset Management
• EPS (TTM): -3.99
• Shares Outstanding: 1,420,635,400
• 10 Day Avg. Volume: 163,461
• 30 Day Avg. Volume: 121,717
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Asia Standard International Group is currently facing financial challenges with significant revenue declines, high net losses, and negative cash flow, leading to a low financial performance score. The technical indicators suggest a neutral to slightly bearish trend, while the negative P/E ratio highlights valuation concerns. These issues overshadow any potential strengths, indicating a need for strategic improvements to enhance financial stability and market perception.

Asia Standard International Group Business Overview & Revenue Model

Company Description

Asia Standard International Group (0129) is a Hong Kong-based investment holding company primarily engaged in the development and investment of real estate properties. The company operates through three main segments: property development, property investment, and hotel operations. Its core products and services include the development of residential, commercial, and hotel properties, as well as property leasing. The company is known for its substantial presence in the Hong Kong and mainland China real estate markets.

How the Company Makes Money

Asia Standard International Group generates revenue through multiple streams. The primary source is property development, where the company builds residential and commercial properties for sale. Another significant revenue stream comes from property investment, where the company leases out its portfolio of commercial and residential properties, generating steady rental income. Additionally, the company operates hotels, contributing to its revenue through room bookings, dining, and other hospitality services. Strategic partnerships and investments in real estate projects further bolster its earnings, while market trends in property demand, location, and economic conditions are critical factors influencing its financial performance.

Asia Standard International Group Financial Statement Overview

Summary

Asia Standard International Group faces significant financial challenges marked by declining revenues, high net losses, and negative cash flow. Despite a high gross profit margin, the company's operational inefficiencies and rising debt levels raise concerns. The balance sheet shows moderate leverage, but declining equity and negative returns suggest financial instability. Immediate steps are needed to address cash flow issues and improve profitability.

Income Statement

The company has experienced a significant decline in revenue from 2023 to 2024, with a revenue decrease of approximately -16.3%. The gross profit margin remains high at about 91.2%, but the company faced a severe net loss with a net profit margin of -333.8%. Both EBIT and EBITDA margins are negative, indicating operational inefficiencies.

Balance Sheet

The debt-to-equity ratio is 1.23, suggesting moderate leverage, but there is a reduction in stockholders' equity over the year, raising concerns. The equity ratio stands at 42.3%, indicating a balanced but slightly risky financial structure. The return on equity is negative due to net losses, which is concerning for shareholders.

Cash Flow

The free cash flow has deteriorated, showing a negative growth rate from the previous year. Operating cash flow is negative and the ratio of operating cash flow to net income is unfavorable, suggesting poor cash management. Free cash flow to net income ratio remains negative, highlighting liquidity challenges.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
1.74B	2.07B	2.51B	2.46B	2.38B
	Gross Profit
1.58B	1.82B	2.28B	2.27B	1.99B
	EBIT
-5.76B	1.53B	2.11B	2.04B	1.74B
	EBITDA
-5.53B	1.67B	-649.49M	2.17B	1.88B
	Net Income Common Stockholders
-5.79B	801.41M	-883.58M	1.35B	727.98M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.43B	7.05B	6.55B	12.69B	15.04B
	Total Assets
34.14B	37.90B	35.02B	42.32B	38.24B
	Total Debt
17.76B	16.55B	17.33B	17.25B	18.29B
	Net Debt
16.92B	15.54B	16.20B	15.35B	17.27B
	Total Liabilities
19.46B	17.93B	18.61B	19.70B	19.38B
	Stockholders Equity
14.45B	19.44B	16.01B	21.72B	18.23B
Cash Flow		Free Cash Flow
-1.06B	-912.57M	-997.64M	137.83M	997.16M
	Operating Cash Flow
-1.02B	-858.21M	-721.65M	230.57M	1.07B
	Investing Cash Flow
-193.44M	41.28M	-309.13M	-48.67M	-1.61B
	Financing Cash Flow
1.22B	-758.77M	31.02M	-1.09B	1.74B

Asia Standard International Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.32
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 0.32 is above the 20-day moving average (MA) of 0.32, below the 50-day MA of 0.33, and below the 200-day MA of 0.37, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.92 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, 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
0113	76 Outperform	HK$2.65B	10.30	7.44%	9.38%	-12.74%	-17.17%
0016	71 Outperform	$221.10B	12.69	2.88%	4.89%	20.91%	-29.29%
0012	68 Neutral	$109.66B	17.42	1.94%	8.99%	-7.64%	-32.01%
Sector *	64 Neutral	$12.57B	9.74	7.88%	16985.68%	12.42%	-5.45%
0004	60 Neutral	HK$59.29B	―	-2.30%	2.28%	-36.07%	-441.20%
0072	46 Neutral	HK$86.40M	―	-8.06%	―	-6.85%	52.07%
0129	41 Neutral	$454.60M	―	-33.85%	―	27.90%	-3337.41%

Asia Standard International Group Corporate Events

Asia Standard International Seeks Extension for Board Compliance

Asia Standard International Group Limited, a company listed on the Hong Kong Stock Exchange, announced an extension for appointing an additional independent non-executive director. The company is currently non-compliant with the listing rule that requires one-third of its board to be independent non-executive directors. Despite efforts to find a suitable candidate, the company has applied for a waiver to extend the deadline to June 30, 2025, to ensure compliance with the listing requirements.

Asia Standard Granted Waiver for Circular Dispatch Delay

Asia Standard International Group Limited, in conjunction with Asia Orient Holdings Limited, announced a waiver granted by the Hong Kong Stock Exchange, allowing for a delay in the dispatch of circulars related to major transactions involving the disposal of interests in overseas listed securities. This waiver provides the companies with additional time to finalize necessary information, potentially impacting their operational timelines and stakeholder communications.

Asia Standard International Announces Further Delay in Circular Dispatch

Asia Standard International Group Limited has announced a further delay in the dispatch of circulars related to the disposal of interests in certain overseas listed securities. The company has applied for an extension to finalize the necessary information, aiming to send the circulars to shareholders by 31 March 2025. This delay may impact the company’s timeline for completing the transactions and could affect stakeholders’ expectations regarding the disposals.

Asia Standard International Delays Circulars on Major Transaction

Asia Standard International Group Limited announced a delay in the dispatch of circulars related to their major transaction involving the disposal of interests in certain overseas listed securities. The delay is due to additional time needed to finalize the information required under the Listing Rules, with the circulars now expected to be dispatched by March 7, 2025. This postponement may have implications for stakeholders as the company navigates compliance with stock exchange regulations.