Want to see HK:1723 full AI Analyst Report?
Top Page
HK Asia Holdings Limited
(1723)
Select Model
Select Model
Rating:41Neutral
Price Target:
HK$0.40
â–¼(-7.91% Downside)
Action:Reiterated
Date:08/04/26
The score is held down primarily by weakened financial performance (loss-making results, negative operating/free cash flow, and rising leverage). Technicals also reflect a strong downtrend with bearish momentum, only partially offset by near-oversold readings. Valuation provides limited support because the negative P/E indicates losses rather than undervalued earnings power, and no dividend yield is available in the provided data.
Positive Factors
Revenue Rebound
The return to revenue growth after the prior-year decline indicates the company retains demand and market access in mobile devices and related products. If sustained, this recovery can improve operating leverage and provide a base for rebuilding profitability over the coming quarters.
Negative Factors
Profitability Collapse
The swing from profit to a sizable net loss shows that revenue recovery has not translated into earnings power. Negative operating profit points to weaker cost absorption or operating efficiency, making sustained profitability uncertain and limiting internally generated funds for reinvestment.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Rebound
The return to revenue growth after the prior-year decline indicates the company retains demand and market access in mobile devices and related products. If sustained, this recovery can improve operating leverage and provide a base for rebuilding profitability over the coming quarters.
Read all positive factors
HK Asia Holdings Limited (1723) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$220.01M
Dividend Yield17.54%
Average Volume (3M)1.71M
Price to Earnings (P/E)―
Beta (1Y)1.94
Revenue Growth8.73%
EPS Growth-1453.33%
CountryHK
Employees58
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)-0.43
Shares Outstanding478,272,000
10 Day Avg. Volume1,577,873
30 Day Avg. Volume1,714,704
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)1.35
Price to Sales (P/S)2.15
P/FCF Ratio-15.07
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
HK Asia Holdings Limited Business Overview & Revenue Model
Company Description
HK Asia Holdings Limited operates as an investment holding company, primarily involved in the wholesale and retail distribution of pre-paid products throughout Hong Kong. The company supplies SIM cards and reloadable vouchers, enabling customers t...
How the Company Makes Money
The company makes money primarily by selling mobile handsets and related products to customers and earning the margin between its procurement cost (from suppliers/brand owners/wholesalers) and its selling price through its retail and distribution ...
HK Asia Holdings Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
46
Neutral
Cash Flow
29
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 197.09M | 206.11M | 189.56M | 252.38M | 204.57M | 183.00M |
| Gross Profit | 47.61M | 50.48M | 43.33M | 61.65M | 45.30M | 59.22M |
| EBITDA | -962.00K | -9.81M | 8.58M | 23.69M | 10.34M | 29.62M |
| Net Income | -195.13M | -28.36M | 1.79M | 14.84M | 3.94M | 19.46M |
Balance Sheet | ||||||
| Total Assets | 447.11M | 421.85M | 115.99M | 138.74M | 179.05M | 175.45M |
| Cash, Cash Equivalents and Short-Term Investments | 35.33M | 79.23M | 44.70M | 65.58M | 97.08M | 62.43M |
| Total Debt | 7.74M | 89.31M | 1.86M | 6.01M | 4.37M | 3.65M |
| Total Liabilities | 19.43M | 93.97M | 9.66M | 14.21M | 9.35M | 9.69M |
| Stockholders Equity | 427.50M | 327.88M | 106.33M | 124.54M | 169.70M | 165.76M |
Cash Flow | ||||||
| Free Cash Flow | 17.02M | -29.35M | 4.13M | 34.01M | 39.69M | 50.69M |
| Operating Cash Flow | 18.04M | -10.99M | 18.20M | 43.90M | 40.62M | 51.37M |
| Investing Cash Flow | -55.26M | -87.05M | -14.07M | -9.89M | -934.00K | -677.00K |
| Financing Cash Flow | 10.25M | 132.57M | -25.00M | -65.52M | -5.04M | -24.45M |
HK Asia Holdings Limited Technical Analysis
Negative
0.43
Price Trends
0.53
Negative
0.78
Negative
1.03
Negative
Market Momentum
-0.02
Negative
38.42
Neutral
16.37
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1723, the sentiment is Negative. The current price of 0.43 is below the 20-day moving average (MA) of 0.44, below the 50-day MA of 0.53, and below the 200-day MA of 1.03, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 38.42 is Neutral, neither overbought nor oversold. The STOCH value of 16.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1723.
HK Asia Holdings Limited Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$94.10B | 17.71 | 14.86% | 6.68% | 7.09% | 4.21% | |
70 Outperform | HK$5.30B | 10.35 | 9.66% | 6.58% | 5.60% | 9.64% | |
63 Neutral | HK$5.42B | -274.39 | 0.25% | 6.63% | 23.04% | -192.00% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
53 Neutral | HK$8.12B | 38.98 | 9.40% | 6.28% | 8.01% | 58.51% | |
52 Neutral | HK$41.62B | -494.50 | -6.77% | 7.10% | 7.10% | 70.22% | |
41 Neutral | HK$220.01M | -6.92 | -7.50% | 17.54% | 8.73% | -1453.33% |
* Communication Services Sector Average
HK:1723
HK Asia Holdings Limited
0.42
-1.71
-80.52%
HK:1310
HKBN
5.49
-2.71
-33.04%
HK:6823
HKT and HKT
12.45
1.49
13.61%
HK:0215
Hutchison Telecommunications Hong Kong Holdings
1.13
0.09
9.12%
HK:0315
SmarTone Telecommunications Holdings
4.88
0.38
8.53%
HK:0008
PCCW Limited
5.39
0.39
7.76%
HK Asia Holdings Limited Corporate Events
Moon Inc. Launches Rights Issue and Adjusts Board Lot Size
Sep 10, 2026
Moon Inc. has announced a proposed rights issue to raise up to approximately HK$63.37 million in gross proceeds, offering one rights share for every two shares held by qualifying shareholders at HK$0.265 per share, with estimated net proceeds of a...
Moon Inc. sets higher audit fee range as prepaid Bitcoin card business expands
Aug 21, 2026
Moon Inc. has proposed the re-appointment of Moore CPA Limited as its auditor, with a resolution to be put to shareholders at the upcoming annual general meeting and a mandate for the board to set the auditor’s remuneration for the year endi...
Moon Inc. Sets 2026 AGM to Approve Results, Board Changes and New Share Mandates
Jul 28, 2026
Moon Inc. has called its annual general meeting for 30 September 2026 in Hong Kong, where shareholders will review the audited consolidated financial statements for the year ended 31 March 2026, consider re-election of two executive directors and ...
Moon Inc. Swings to Annual Loss Despite Surge in Comprehensive Income
Jun 30, 2026
Moon Inc., formerly known as HK Asia Holdings Limited, reported revenue of HK$206.1 million for the year ended 31 March 2026, up from HK$189.6 million a year earlier, with gross profit rising to HK$50.5 million. However, higher selling, distributi...
Moon Inc. warns of swing to FY2026 loss on costs, property sale and Bitcoin hit
Jun 24, 2026
Moon Inc. has warned that it expects to swing from a profit attributable to shareholders of HK$1.8 million in the year ended 31 March 2025 to a loss of between HK$26.3 million and HK$34.3 million for the year to 31 March 2026. The reversal is prim...
Moon Inc. Sets June Board Meeting to Approve Annual Results and Consider Final Dividend
Jun 17, 2026
Moon Inc. has scheduled a board meeting for 30 June 2026 to review and approve the audited annual results of the group for the financial year ended 31 March 2026. At the same meeting, the board will also consider whether to recommend a final divid...
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.