SEA Holdings Ltd. (0251) AI Stock Analysis

• Market Cap: HK$818.89M
• Dividend Yield: 3.68%
• Average Volume (3M): 17.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.11
• Revenue Growth: 0.96%
• EPS Growth: 83.98%
• Country: HK
• Employees: 190
• Sector: Real Estate
• Sector Strength: 64
• Industry: Real Estate - Diversified
• EPS (TTM): -0.23
• Shares Outstanding: 602,122,740
• 10 Day Avg. Volume: 39,200
• 30 Day Avg. Volume: 17,466
• PEG Ratio: -0.09
• Price to Book (P/B): 0.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.53
• 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

• Rating: 45 Neutral
• Price Target: ―

SEA Holdings Ltd. is facing significant financial challenges with negative profitability and high leverage. Technical analysis suggests a neutral trend, while valuation remains a concern due to negative earnings. The company's financial instability is the predominant factor influencing its overall score.

SEA Holdings Ltd. Business Overview & Revenue Model

Company Description

SEA Holdings Ltd. (0251) is a prominent investment holding company primarily engaged in property development and investment. The company operates across various sectors including residential, commercial, and hospitality properties. SEA Holdings is known for its strategic investments and developments in key locations, offering a diverse range of real estate products and services.

How the Company Makes Money

SEA Holdings Ltd. generates revenue through its core activities of property development and investment. The company earns income from the sale and leasing of residential and commercial properties. Additionally, SEA Holdings benefits from capital appreciation of its property portfolio over time. Revenue is also generated from hospitality operations, including hotel management and services. The company often partners with local and international firms to enhance its development projects, which can lead to additional earnings through joint ventures and collaboration agreements.

SEA Holdings Ltd. Financial Statement Overview

Summary

SEA Holdings Ltd. shows a mixed financial performance with a strong gross margin but faces challenges with negative net profit margins. High leverage and fluctuating cash flows suggest financial risks, requiring improved revenue streams, cost management, and debt reduction.

Income Statement

SEA Holdings Ltd. has experienced declining revenue over the past few years, with a slight recovery in the latest fiscal year. The company has a strong gross profit margin of 100% for 2024 due to negligible cost of goods sold. However, the net profit margin remains negative, indicating ongoing challenges in controlling costs or generating sufficient revenue to cover expenses. The EBIT margin is healthy, reflecting operational efficiency, but overall profitability is hindered by substantial interest or other non-operating expenses.

Balance Sheet

The balance sheet shows a relatively high debt-to-equity ratio, indicating significant leverage and potential financial risk if not managed properly. The equity ratio is around 35%, showing a moderate level of equity financing. The company's total assets have been declining, which could indicate asset sales or impairments, impacting long-term growth potential.

Cash Flow

Cash flow analysis reveals fluctuating operating cash flows over the years, with negative free cash flow in the latest fiscal year. The inconsistent free cash flow growth rate signals potential challenges in generating cash to support business operations and investments. The absence of operating cash flow in 2024 may indicate operational inefficiency or timing issues in cash collections.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
458.78M	413.79M	373.95M	537.28M	605.71M
	Gross Profit
353.68M	346.58M	284.95M	451.80M	548.00M
	EBIT
170.32M	170.78M	158.74M	325.65M	433.58M
	EBITDA
237.56M	-456.14M	-120.75M	367.98M	470.49M
	Net Income Common Stockholders
-136.73M	-853.75M	-383.66M	70.16M	150.97M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.46B	2.48B	2.59B	3.30B	4.27B
	Total Assets
11.11B	12.14B	13.79B	14.37B	16.96B
	Total Debt
7.01B	7.83B	8.35B	8.45B	10.49B
	Net Debt
4.56B	5.34B	5.89B	5.76B	7.10B
	Total Liabilities
7.18B	8.06B	9.10B	8.91B	10.72B
	Stockholders Equity
3.92B	4.09B	4.69B	5.46B	6.24B
Cash Flow		Free Cash Flow
0.00	204.18M	60.61M	-72.42M	161.43M
	Operating Cash Flow
0.00	228.64M	65.21M	-42.45M	164.21M
	Investing Cash Flow
0.00	880.20M	-735.49M	1.63B	1.51B
	Financing Cash Flow
-807.83M	-1.13B	449.79M	-2.26B	-3.80B

SEA Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.36
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0251, the sentiment is Negative. The current price of 1.36 is below the 20-day moving average (MA) of 1.38, below the 50-day MA of 1.43, and below the 200-day MA of 1.45, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 45.66 is Neutral, neither overbought nor oversold. The STOCH value of 58.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0251.

SEA Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0113	76 Outperform	$2.66B	10.33	7.44%	9.38%	-12.74%	-17.17%
0016	71 Outperform	$236.02B	13.55	2.88%	4.84%	20.91%	-29.29%
0688	68 Neutral	$142.94B	8.43	4.15%	4.89%	-10.21%	-40.22%
0012	68 Neutral	$117.65B	18.68	1.94%	7.78%	-7.64%	-32.01%
Sector *	60 Neutral	$2.76B	10.33	0.49%	8507.90%	5.95%	-17.56%
0119	48 Neutral	$5.50B	27.75	0.53%	6.22%	-3.13%	-87.57%
0251	45 Neutral	HK$818.89M	―	-3.41%	3.68%	0.96%	83.98%

SEA Holdings Ltd. Corporate Events

SEA Holdings Ltd. Announces 2025 AGM and Key Resolutions

SEA Holdings Ltd. has announced its 2025 Annual General Meeting, which will address several key business resolutions. The meeting will include the adoption of the 2024 financial statements, approval of a final dividend, re-election of directors, and the re-appointment of Deloitte Touche Tohmatsu as auditors. Additionally, shareholders will consider granting a mandate to the directors to issue additional shares, potentially impacting the company’s capital structure and shareholder value.

SEA Holdings Ltd. Announces HK$160 Million Property Disposal

SEA Holdings Ltd. announced the sale of a property located at No. 1 Shouson Hill Road East, Hong Kong, for HK$160 million in cash. This transaction is considered a discloseable transaction under Hong Kong’s Listing Rules, as it exceeds 5% of applicable percentage ratios but remains below 25%. The sale agreement was reached following arm’s length negotiations, and the payment will be made in installments, with the final balance due upon completion.

SEA Holdings Announces Final Dividend for 2024

SEA Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced a final ordinary cash dividend of HKD 0.03 per share for the financial year ending December 31, 2024. Shareholders’ approval is expected on May 23, 2025, with the payment scheduled for June 17, 2025. This announcement may impact stakeholders by providing a return on investment and potentially influencing the company’s stock performance.

SEA Holdings Ltd. Reports Improved Financial Results for 2024

SEA Holdings Ltd. announced its annual results for the year ended December 31, 2024, reporting a slight increase in revenue to HK$414.1 million and a significant reduction in losses attributable to shareholders by 84% to HK$136.7 million. The company’s net asset value stood at HK$8,357.3 million, reflecting a stable financial position despite challenges in fair value changes of investment properties. This financial performance indicates a positive shift in the company’s operational efficiency and market positioning, potentially benefiting stakeholders.

SEA Holdings Ltd. Reports Substantial Reduction in Annual Loss

SEA Holdings Ltd. announced a significant reduction in its expected financial loss for the year ending December 31, 2024, with an anticipated loss of HK$140 million compared to HK$854 million in the previous year. This improvement is mainly due to a decrease in fair value loss on UK investment properties and the absence of impairment loss on listed debt securities investments. The final audited results are expected in March 2025, and stakeholders are advised to exercise caution.