HK Asia Holdings Limited AI Stock Analysis
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HK Asia Holdings Limited (1723) AI Stock Analysis
HK Asia Holdings Limited
(HKEX:1723)
The score is primarily constrained by deteriorating profitability and cash generation, despite a strong balance sheet. Positive near-term technical momentum provides support, but the negative P/E and absence of current earnings or dividend support keep the overall score low.
HK Asia Holdings Limited (1723) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 258.27M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.37M
- Price to Earnings (P/E)
- -8.5
- Beta (1Y)
- 2.56
- Revenue Growth
- 8.73%
- EPS Growth
- -1900.00%
- Country
- Hong Kong
- Employees
- 58
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Telecommunications Services
HK Asia Holdings Limited Business Overview & Revenue Model
Company Description
Moon Inc. 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 to make local and i...
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 cha...
HK Asia Holdings Limited Financial Statement Overview
Summary
Financial performance is weak overall: recent operating and net losses, negative operating cash flow, and negative free cash flow outweigh the conservative balance sheet and low leverage. The balance sheet remains a meaningful offset, with strong equity capitalization and modest debt.
Income Statement
38NegativeBalance Sheet
72PositiveCash Flow
35Negative| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 206.11M | 206.11M | 189.56M | 252.38M | 204.57M | 136.00M |
| Gross Profit | 50.48M | 50.48M | 43.33M | 61.65M | 45.30M | 45.72M |
| EBITDA | -9.42M | -9.81M | 8.58M | 23.69M | 10.34M | 18.14M |
| Net Income | -28.34M | -28.36M | 1.79M | 14.84M | 3.94M | 10.76M |
Balance Sheet | ||||||
| Total Assets | 421.85M | 421.85M | 115.99M | 138.74M | 179.05M | 182.50M |
| Cash, Cash Equivalents and Short-Term Investments | 79.23M | 79.23M | 44.70M | 65.58M | 97.08M | 36.19M |
| Total Debt | 89.31M | 89.31M | 1.86M | 6.01M | 4.37M | 26.80M |
| Total Liabilities | 93.97M | 93.97M | 9.66M | 14.21M | 9.35M | 36.20M |
| Stockholders Equity | 327.88M | 327.88M | 106.33M | 124.54M | 169.70M | 146.30M |
Cash Flow | ||||||
| Free Cash Flow | -11.60M | -29.35M | 4.13M | 34.01M | 39.69M | -38.97M |
| Operating Cash Flow | -11.07M | -10.99M | 18.20M | 43.90M | 40.62M | -38.38M |
| Investing Cash Flow | -87.25M | -87.05M | -14.07M | -9.89M | -934.00K | -592.00K |
| Financing Cash Flow | 132.85M | 132.57M | -25.00M | -65.52M | -5.04M | -26.84M |
HK Asia Holdings Limited Technical Analysis
Price Trends
Market Momentum
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 0.51 is below the 20-day moving average (MA) of 0.58, below the 50-day MA of 0.52, and below the 200-day MA of 0.68, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 41.63 is Neutral, neither overbought nor oversold. The STOCH value of 5.56 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
Overall Rating
HK:031573Outperform
HK:682368.5Neutral
HK:021566Neutral
HK:131051Neutral- HK:172349Neutral
HK:000848Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0315 | 73Outperform | HKD 5.19B | 9.98 | 9.66% | 6.82% | 5.60% | 9.64% |
| HK:6823 | 69Neutral | HKD 93.57B | 17.46 | 14.86% | 6.77% | 7.09% | 4.21% |
| HK:0215 | 66Neutral | HKD 5.30B | -268.29 | 0.25% | 6.78% | 23.04% | -192.00% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| HK:1310 | 51Neutral | HKD 7.96B | 24.81 | 14.97% | 6.52% | 6.22% | 42.92% |
| HK:1723 | 49Neutral | HKD 358.70M | -8.50 | -7.50% | ― | 8.73% | -1900.00% |
| HK:0008 | 48Neutral | HKD 39.49B | -464.68 | -40.50% | 7.55% | 7.10% | 70.22% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1723 | HK Asia Holdings Limited | 0.51 | -1.32 | -72.13% | |
| HK:1310 | HKBN | 5.28 | -1.13 | -17.67% | |
| HK:6823 | HKT Trust and HKT | 12.22 | 1.04 | 9.26% | |
| HK:0215 | Hutchison Telecommunications Hong Kong Holdings | 1.10 | 0.11 | 10.66% | |
| HK:0315 | SmarTone Telecommunications Holdings | 4.69 | 0.21 | 4.73% | |
| HK:0008 | PCCW Limited | 5.07 | -0.59 | -10.46% |
HK Asia Holdings Limited Corporate Events
Moon Inc. Revises Timetable After Delay in Rights Issue Prospectus Dispatch
Moon Inc. has announced a further delay in the dispatch of prospectus documents for its proposed rights issue, which offers one rights share for every two shares held on the record date on a non-underwritten basis. The prospectus and related document...
Moon Inc. Faces Fundraising Constraints from HK$52 Million Convertible Note Terms
Moon Inc., incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, has been using non-interest-bearing convertible notes to support its funding needs. The company’s financing strategy is closely linked to the performance of its...
Moon Inc. Delays Rights Issue Prospectus and Confirms Board Lot Change
Moon Inc. has postponed the despatch of prospectus documents for its planned rights issue, which offers one rights share for every two shares held on a non-underwritten basis, to on or before 2 November 2026 to allow more time to finalise information...
Moon Inc. Refreshes Board with Appointment of Veteran Hong Kong Politician as Independent Director
Moon Inc. has announced changes to its board, with independent non‑executive director Chen Xiaobing resigning effective 2 October 2026 due to personal career commitments. The company noted that Chen has no disagreements with the board and expressed g...
Moon Inc. Sets Out Board Composition and Governance Committee Roles
Moon Inc. has announced the current composition of its eight-member board, detailing roles across executive, non-executive and independent non-executive directors, including Jason Kin Hoi Fang as chairman and John Edwin Riggins as chief executive off...
Moon Inc. Shareholders Back All AGM Resolutions, Bolstering Governance and Capital Flexibility
Shareholders of Moon Inc. overwhelmingly approved all resolutions at the annual general meeting held on 30 September 2026, including adoption of the audited financial statements for the year ended 31 March 2026 and re-election of key executive and in...
Moon Inc. Launches Rights Issue and Adjusts Board Lot Size
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 abou...
Moon Inc. sets higher audit fee range as prepaid Bitcoin card business expands
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 ending 31 Mar...
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.
Date of analysis: Oct 15, 2026