Want to see HK:0199 full AI Analyst Report?
Top Page
ITC Properties Group Limited
(0199)
Select Model
Select Model
Rating:50Neutral
Price Target:
HK$0.66
â–¼(-42.54% Downside)
Action:Reiterated
Date:10/27/26
The score is held back primarily by persistent, severe unprofitability (negative gross profit and large net losses) and bearish technical momentum (very low RSI/Stoch with negative MACD). These are partially offset by improving financial stability, including strong recent free cash flow and materially reduced leverage.
Positive Factors
Revenue Expansion
Sharp revenue expansion indicates stronger activity across the company’s property-related business and provides a larger base from which operating performance can improve. If this scale is maintained, it could support better cost absorption and eventual progress toward sustainable profitability.
Negative Factors
Persistent Net Losses
Large continuing net losses show that increased revenue has not yet translated into sustainable earnings. This weakens retained capital, limits internally funded growth, and leaves the company dependent on a successful operating recovery before its expanded revenue base can create durable shareholder value.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Expansion
Sharp revenue expansion indicates stronger activity across the company’s property-related business and provides a larger base from which operating performance can improve. If this scale is maintained, it could support better cost absorption and eventual progress toward sustainable profitability.
Read all positive factors
ITC Properties Group Limited (0199) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$647.74M
Dividend Yield14.56%
Average Volume (3M)14.95M
Price to Earnings (P/E)―
Beta (1Y)-0.14
Revenue Growth20.94%
EPS Growth37.07%
CountryHK
Employees118
SectorConsumer Cyclical
Sector Strength84
IndustryTravel Lodging
Share Statistics
EPS (TTM)-0.53
Shares Outstanding1,088,638,100
10 Day Avg. Volume16,529,629
30 Day Avg. Volume14,947,802
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.50
Price to Sales (P/S)2.12
P/FCF Ratio4.48
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
ITC Properties Group Limited Business Overview & Revenue Model
Company Description
ITC Neocloud Group Ltd. is an investment holding company, which engages in property development and investment in Macau, China, Hong Kong, and Canada. It operates through the following segments: Property, Hotel and Leisure, Securities Investments,...
How the Company Makes Money
ITC Properties Group Limited makes money primarily through real-estate-related income and gains. Key revenue and earnings drivers typically include: (1) property rental and related income from investment properties (e.g., leasing space and earning...
ITC Properties Group Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
74
Positive
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 414.29M | 399.90M | 113.42M | 93.90M | 337.34M |
| Gross Profit | -4.28M | -351.94M | -67.90M | -31.46M | 16.34M |
| EBITDA | -466.75M | -708.44M | -646.46M | -78.69M | 630.38M |
| Net Income | -527.73M | -812.98M | -644.89M | -146.91M | 566.16M |
Balance Sheet | |||||
| Total Assets | 2.11B | 3.57B | 4.75B | 5.68B | 6.71B |
| Cash, Cash Equivalents and Short-Term Investments | 171.14M | 67.11M | 49.13M | 91.87M | 324.13M |
| Total Debt | 142.36M | 937.00M | 1.37B | 1.44B | 1.46B |
| Total Liabilities | 357.73M | 1.36B | 1.68B | 1.88B | 2.51B |
| Stockholders Equity | 1.74B | 2.16B | 2.93B | 3.61B | 3.99B |
Cash Flow | |||||
| Free Cash Flow | 196.50M | 134.88M | -48.63M | -143.13M | -151.90M |
| Operating Cash Flow | 202.52M | 135.00M | -46.49M | -125.14M | -149.97M |
| Investing Cash Flow | 562.42M | 451.26M | 20.90M | -4.66M | 447.52M |
| Financing Cash Flow | -687.89M | -560.72M | -10.80M | -99.57M | -317.99M |
ITC Properties Group Limited Technical Analysis
Negative
1.14
Price Trends
2.11
Negative
2.25
Negative
1.71
Negative
Market Momentum
-0.50
Positive
23.42
Positive
10.36
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0199, the sentiment is Negative. The current price of 1.14 is below the 20-day moving average (MA) of 1.50, below the 50-day MA of 2.11, and below the 200-day MA of 1.71, indicating a bearish trend. The MACD of -0.50 indicates Positive momentum. The RSI at 23.42 is Positive, neither overbought nor oversold. The STOCH value of 10.36 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0199.
ITC Properties Group Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | HK$1.68B | 17.05 | 2.28% | 2.11% | 3.53% | -7.42% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | HK$8.33B | 13.03 | 1.75% | 1.30% | -3.68% | ― | |
60 Neutral | HK$1.52B | 4.41 | 3.55% | 7.44% | 5.13% | 585.92% | |
57 Neutral | HK$13.45B | 11.89 | 2.68% | 3.99% | 5.29% | 15.06% | |
50 Neutral | HK$647.74M | -1.12 | -27.80% | 14.56% | 20.94% | 37.07% | |
50 Neutral | HK$337.04M | -0.69 | -6.04% | 3.48% | 49.29% | 79.61% |
* Consumer Cyclical Sector Average
HK:0199
ITC Properties Group Limited
0.59
0.05
10.38%
HK:0045
Hongkong & Shanghai Hotels
5.07
-1.07
-17.51%
HK:1270
Langham Hospitality Investments
0.44
-0.05
-9.56%
HK:0069
Shangri-La Asia
3.78
-0.90
-19.14%
HK:1221
Sino Hotels (Holdings) Ltd.
1.42
<0.01
0.57%
HK:0078
Regal Hotels International Holdings Limited
0.38
-0.22
-37.50%
ITC Properties Group Limited Corporate Events
ITC Neocloud Sets Up AI Management Structure and Pushes Ahead with Data Centre Projects
Oct 21, 2026
ITC Neocloud Group Limited, formerly ITC Properties Group, is a Hong Kong-listed Bermuda company that is building an artificial intelligence-focused business alongside its existing operations. The AI segment spans AI infrastructure operation, comp...
ITC Neocloud Calls Virtual Meeting to Appoint New Auditor
Oct 16, 2026
ITC Neocloud Group Limited has called a special general meeting for 5 November 2026 to be held virtually via the Vistra eVoting Portal, where shareholders will vote on appointing ZHONGHUI ANDA CPA Limited as the new auditor until the next annual g...
ITC Neocloud Says Business Normal Amid Unusual Share Trading
Oct 14, 2026
ITC Neocloud Group Limited reported unusual movements in its share price and trading volume on 13 October 2026, but the board said it is unaware of any specific reasons, undisclosed information, or inside information that would explain the volatil...
ITC Neocloud Buys Majority Stake in AI Computing Firm to Boost Infrastructure Push
Sep 29, 2026
ITC Neocloud Group Limited has agreed to acquire an 80% equity interest in a Shanghai-based AI computing service company for RMB83.62 million, making it an indirect subsidiary and consolidating its financial results into the group. The target oper...
ITC Neocloud Carves Out AI Infrastructure Arm as Separate Reportable Segment
Sep 24, 2026
ITC Neocloud Group Limited has established an artificial intelligence infrastructure and computing power services arm as a distinct business line, reflecting a strategic evolution of the group following its name change in September 2026. Since beg...
ITC Properties rebrands as ITC Neocloud with new stock short name and logo
Sep 22, 2026
ITC Neocloud Group Limited, previously ITC Properties Group Limited, has formally changed its English name and adopted a new Chinese secondary name, with the change recognised by company registrars in both Bermuda and Hong Kong. The company’...
ITC Properties Moves to Appoint Zhonghui Anda as New Auditor
Sep 18, 2026
ITC Properties Group Limited plans to appoint ZHONGHUI ANDA CPA Limited as its new auditor for the financial year ending 31 March 2027, following the retirement of Deloitte Touche Tohmatsu at the August 2026 annual general meeting. The proposed ap...
ITC Properties Relocates Bermuda Registered Office and Confirms Hong Kong Share Registrar
Aug 25, 2026
ITC Properties Group Limited has announced a change of its registered office address and principal share registrar and transfer office in Bermuda, effective 3 August 2026, relocating these functions to Richmond House on Par-la-Ville Road in Hamilt...
ITC Properties Revamps Board and Governance Structure After AGM
Aug 21, 2026
Shareholders of ITC Properties Group Limited approved all resolutions put to poll at the 21 August 2026 annual general meeting, except one withdrawn item related to the auditor, confirming the company’s general mandates and governance propos...
ITC Properties Updates Board and Committee Roles
Aug 21, 2026
ITC Properties Group Limited has released an updated list of its directors and clarified their respective roles and functions on the board. The announcement details the composition of executive and independent non-executive directors, reflecting t...
ITC Properties completes PYI Investment stake acquisition and exits ITC Finance
Aug 12, 2026
ITC Properties Group Limited has completed a previously announced transaction to acquire a 20% stake in PYI Investment Holdings, whose core assets include about 11 million square metres of land in Xiaoyangkou, Rudong County, Nantong City, Jiangsu....
ITC Properties Adds Independent Director Vote and Drops Auditor Reappointment at Virtual AGM
Aug 7, 2026
ITC Properties Group has issued a supplemental notice confirming that its annual general meeting will proceed as a virtual session on 21 August 2026, while adding a new resolution to appoint Ms. Kong Shanna as an independent non-executive director...
ITC Properties Details Valuation Uplift in PYI Investment Deal
Jul 31, 2026
ITC Properties has issued a supplemental announcement detailing the valuation basis for a previously disclosed acquisition of a 20% stake and associated loan interests in PYI Investment Holdings Limited via its subsidiary ITC Strategic Holding. Th...
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.