Want to see HK:1104 full AI Analyst Report?
1104 Stock Chart & Stats
HK$1.52
HK$0.07(4.61%)
At close: 4:00 PM EDT
HK$1.52
HK$0.07(4.61%)
Day’s Range― - ―
52-Week RangeHK$1.30 - HK$3.85
Previous CloseN/A
Volume780.10K
Average Volume (3M)3.33M
Market Cap
HK$3.41B
Enterprise ValueHK$2.05B
Total Cash (Recent Filing)HK$675.28M
Total Debt (Recent Filing)HK$566.16M
Price to Earnings (P/E)0.9
Beta0.53
Next Earnings
Sep 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield6.79%
Share Statistics
EPS (TTM)1.70
Shares Outstanding2,240,630,100
10 Day Avg. Volume1,555,126
30 Day Avg. Volume3,329,072
Financial Highlights & Ratios
PEG Ratio-0.18
Price to Book (P/B)0.42
Price to Sales (P/S)4.82
P/FCF Ratio-8.05
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
Bulls Say, Bears Say
Bulls Say
Low Leverage / Solid Balance SheetModest debt-to-equity (≈0.05–0.12) and a relatively solid balance sheet give the company durable financial flexibility. This reduces refinancing and solvency risk through commodity cycles, supports margin calls or trading needs, and permits weathering prolonged weak operating periods without forced asset sales.
Diversified Earnings Channels Via Associate And TradingThe business model combines share-of-results/dividends from a listed base-metals associate with direct commodities trading and investment gains. These multiple cash and earnings channels provide structural diversification: associate income can be countercyclical to trading spreads, smoothing long-term revenue sources compared with a single-line commodity player.
Equity Large Relative To Assets Provides CushionA relatively large equity base versus assets creates a capital buffer that absorbs valuation swings and trading losses. This structural strength reduces the probability of distress during commodity-market stress and supports continued operations or measured investment, underpinning longer-term resilience despite operational volatility.
Bears Say
Consistently Negative Operating And Free Cash FlowMulti-year negative operating and free cash flow undermines the company’s ability to self-fund operations, trading margins, dividends or reinvestment. Persistent cash deficits elevate dependence on asset disposals, associate dividends or external financing, weakening long-term financial flexibility and increasing refinancing and liquidity risk.
Weak, Volatile Core Operating PerformanceA sharply declining top line and consecutive operating losses signal unstable core operations. Structural instability in revenue and negative operating margins limit sustainable profitability, complicate planning, and make the business sensitive to prolonged downturns in base metals demand or trading conditions.
Earnings Quality Risk From Below-the-line ItemsReported net profits appear supported by non-operating gains or accounting items rather than cash-generative core business. This raises earnings-quality concerns: profits may not translate into cash, are less durable, and reduce confidence that reported earnings will fund dividends or signal genuine operational recovery.
APAC Resources News
1104 FAQ
What was APAC Resources Limited’s price range in the past 12 months?
APAC Resources Limited lowest stock price was HK$1.30 and its highest was HK$3.85 in the past 12 months.
What is APAC Resources Limited’s market cap?
APAC Resources Limited’s market cap is HK$3.41B.
When is APAC Resources Limited’s upcoming earnings report date?
APAC Resources Limited’s upcoming earnings report date is Sep 29, 2026 which is in 59 days.
How were APAC Resources Limited’s earnings last quarter?
APAC Resources Limited released its earnings results on Feb 27, 2026. The company reported HK$1.302 earnings per share for the quarter, beating the consensus estimate of N/A by HK$1.302.
Is APAC Resources Limited overvalued?
According to Wall Street analysts APAC Resources Limited’s price is currently Overvalued.
Does APAC Resources Limited pay dividends?
APAC Resources Limited pays a Annually dividend of HK$0.109 which represents an annual dividend yield of 6.79%. See more information on APAC Resources Limited dividends here
What is APAC Resources Limited’s EPS estimate?
APAC Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does APAC Resources Limited have?
APAC Resources Limited has 2,240,630,100 shares outstanding.
What happened to APAC Resources Limited’s price movement after its last earnings report?
APAC Resources Limited reported an EPS of HK$1.302 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 11.857%.
Which hedge fund is a major shareholder of APAC Resources Limited?
Currently, no hedge funds are holding shares in HK:1104
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
APAC Resources Limited
Operating as an investment holding company, APAC Resources Limited focuses its activities on commodity trading and making strategic investments in natural resources. Its business footprint spans Hong Kong, the People's Republic of China, Australia, and the broader Southeast Asian region. The organization structures its diverse operations into three core segments: Commodity Business, Resource Investment, and Principal Investment and Financial Services. Through these divisions, APAC Resources engages in the buying and selling of both publicly traded and private securities. It also extends loan financing, commits capital to instruments like loan notes, convertible notes, and other financial assets, and actively participates in the investment and development of mineral resources. Complementing these activities, the company offers a range of services, including general management, corporate management consulting, and specialized metallurgy technology. The corporate headquarters for APAC Resources are based in Wan Chai, Hong Kong.
Technical Analysis
CITIC Securities Co
―
Guotai Junan International Holdings Limited
―
Bright Smart Securities & Commodities Group Limited
―
Central China Securities Co., Ltd. Class H
―
Hengtai Securities Co., Ltd. Class H
―