Hong Kong Economic Times Holdings Limited Logo

Hong Kong Economic Times Holdings Limited

0423.HK

(2.5)
Stock Price

0,82 HKD

4.55% ROA

6.36% ROE

6.85x PER

Market Cap.

371.176.000,00 HKD

0.24% DER

11.63% Yield

5.87% NPM

Hong Kong Economic Times Holdings Limited Stock Analysis

Hong Kong Economic Times Holdings Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Hong Kong Economic Times Holdings Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.47x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

4 ROE

ROE in an average range (3.09%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (2.29%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (54), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Hong Kong Economic Times Holdings Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Hong Kong Economic Times Holdings Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Hong Kong Economic Times Holdings Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Hong Kong Economic Times Holdings Limited Revenue
Year Revenue Growth
2004 608.412.000
2005 721.703.000 15.7%
2006 833.174.000 13.38%
2007 946.056.000 11.93%
2008 841.435.000 -12.43%
2009 828.045.000 -1.62%
2010 952.284.000 13.05%
2011 1.006.027.000 5.34%
2012 1.032.818.000 2.59%
2013 1.065.145.000 3.03%
2014 1.121.582.000 5.03%
2015 1.176.087.000 4.63%
2016 1.126.052.000 -4.44%
2017 1.190.034.000 5.38%
2018 1.280.679.000 7.08%
2019 1.131.823.000 -13.15%
2020 1.131.823.000 0%
2020 999.937.000 -13.19%
2021 1.043.595.000 4.18%
2022 1.022.922.000 -2.02%
2023 1.763.164.000 41.98%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Hong Kong Economic Times Holdings Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Hong Kong Economic Times Holdings Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 101.427.000
2005 110.227.000 7.98%
2006 115.548.000 4.61%
2007 130.312.000 11.33%
2008 137.385.000 5.15%
2009 131.363.000 -4.58%
2010 151.174.000 13.1%
2011 157.854.000 4.23%
2012 174.128.000 9.35%
2013 174.235.000 0.06%
2014 182.199.000 4.37%
2015 194.765.000 6.45%
2016 194.487.000 -0.14%
2017 200.355.000 2.93%
2018 210.915.000 5.01%
2019 225.049.000 6.28%
2020 225.049.000 0%
2020 208.994.000 -7.68%
2021 215.533.000 3.03%
2022 220.194.000 2.12%
2023 428.000.000 48.55%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Hong Kong Economic Times Holdings Limited EBITDA
Year EBITDA Growth
2004 80.981.000
2005 116.006.000 30.19%
2006 165.824.000 30.04%
2007 160.982.000 -3.01%
2008 100.186.000 -60.68%
2009 162.049.000 38.18%
2010 205.362.000 21.09%
2011 110.523.000 -85.81%
2012 38.051.000 -190.46%
2013 86.765.000 56.14%
2014 108.189.000 19.8%
2015 124.280.000 12.95%
2016 103.406.000 -20.19%
2017 143.616.000 28%
2018 142.544.000 -0.75%
2019 92.246.000 -54.53%
2020 96.790.000 4.69%
2020 91.271.000 -6.05%
2021 91.606.000 0.37%
2022 41.147.000 -122.63%
2023 -13.088.000 414.39%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Hong Kong Economic Times Holdings Limited Gross Profit
Year Gross Profit Growth
2004 257.432.000
2005 318.550.000 19.19%
2006 356.596.000 10.67%
2007 408.973.000 12.81%
2008 329.433.000 -24.14%
2009 372.202.000 11.49%
2010 455.346.000 18.26%
2011 386.877.000 -17.7%
2012 320.852.000 -20.58%
2013 363.427.000 11.71%
2014 399.067.000 8.93%
2015 428.860.000 6.95%
2016 410.423.000 -4.49%
2017 469.104.000 12.51%
2018 502.517.000 6.65%
2019 443.819.000 -13.23%
2020 443.819.000 0%
2020 415.648.000 -6.78%
2021 461.809.000 10%
2022 422.806.000 -9.22%
2023 722.296.004 41.46%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Hong Kong Economic Times Holdings Limited Net Profit
Year Net Profit Growth
2004 66.426.000
2005 99.521.000 33.25%
2006 120.390.000 17.33%
2007 133.568.000 9.87%
2008 62.038.000 -115.3%
2009 85.462.000 27.41%
2010 154.638.000 44.73%
2011 76.070.000 -103.28%
2012 61.992.000 -22.71%
2013 28.138.000 -120.31%
2014 45.377.000 37.99%
2015 57.482.000 21.06%
2016 28.759.000 -99.87%
2017 71.257.000 59.64%
2018 71.521.000 0.37%
2019 10.573.000 -576.45%
2020 10.573.000 0%
2020 30.916.000 65.8%
2021 33.017.000 6.36%
2022 27.458.000 -20.25%
2023 297.948.000 90.78%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Hong Kong Economic Times Holdings Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 21
2005 25 20%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Hong Kong Economic Times Holdings Limited Free Cashflow
Year Free Cashflow Growth
2004 45.666.000
2005 42.880.000 -6.5%
2006 133.188.000 67.8%
2007 135.215.000 1.5%
2008 100.209.000 -34.93%
2009 143.966.000 30.39%
2010 86.705.000 -66.04%
2011 -22.220.000 490.21%
2012 -106.579.000 79.15%
2013 31.089.000 442.82%
2014 5.488.000 -466.49%
2015 131.675.000 95.83%
2016 73.603.000 -78.9%
2017 89.689.000 17.94%
2018 58.027.000 -54.56%
2019 130.181.000 55.43%
2020 130.673.000 0.38%
2021 47.147.000 -177.16%
2022 56.936.000 17.19%
2023 18.799.000 -202.87%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Hong Kong Economic Times Holdings Limited Operating Cashflow
Year Operating Cashflow Growth
2004 100.456.000
2005 118.616.000 15.31%
2006 156.842.000 24.37%
2007 170.566.000 8.05%
2008 114.811.000 -48.56%
2009 152.437.000 24.68%
2010 189.633.000 19.61%
2011 73.972.000 -156.36%
2012 -17.494.000 522.84%
2013 45.107.000 138.78%
2014 117.259.000 61.53%
2015 154.192.000 23.95%
2016 94.324.000 -63.47%
2017 114.202.000 17.41%
2018 81.002.000 -40.99%
2019 152.653.000 46.94%
2020 150.868.000 -1.18%
2021 100.559.000 -50.03%
2022 82.968.000 -21.2%
2023 20.158.000 -311.59%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Hong Kong Economic Times Holdings Limited Capital Expenditure
Year Capital Expenditure Growth
2004 54.790.000
2005 75.736.000 27.66%
2006 23.654.000 -220.18%
2007 35.351.000 33.09%
2008 14.602.000 -142.1%
2009 8.471.000 -72.38%
2010 102.928.000 91.77%
2011 96.192.000 -7%
2012 89.085.000 -7.98%
2013 14.018.000 -535.5%
2014 111.771.000 87.46%
2015 22.517.000 -396.38%
2016 20.721.000 -8.67%
2017 24.513.000 15.47%
2018 22.975.000 -6.69%
2019 22.472.000 -2.24%
2020 20.195.000 -11.28%
2021 53.412.000 62.19%
2022 26.032.000 -105.18%
2023 1.359.000 -1815.53%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Hong Kong Economic Times Holdings Limited Equity
Year Equity Growth
2004 178.627.000
2005 451.999.000 60.48%
2006 534.840.000 15.49%
2007 620.932.000 13.86%
2008 627.473.000 1.04%
2009 678.031.000 7.46%
2010 777.983.000 12.85%
2011 763.578.000 -1.89%
2012 799.542.000 4.5%
2013 811.000.000 1.41%
2014 827.559.000 2%
2015 847.557.000 2.36%
2016 843.089.000 -0.53%
2017 893.048.000 5.59%
2018 925.928.000 3.55%
2019 905.109.000 -2.3%
2020 910.570.000 0.6%
2021 905.622.000 -0.55%
2022 892.422.000 -1.48%
2023 908.156.000 1.73%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Hong Kong Economic Times Holdings Limited Assets
Year Assets Growth
2004 381.781.000
2005 667.789.000 42.83%
2006 701.790.000 4.84%
2007 851.083.000 17.54%
2008 811.999.000 -4.81%
2009 898.747.000 9.65%
2010 1.027.407.000 12.52%
2011 1.076.039.000 4.52%
2012 1.199.352.000 10.28%
2013 1.195.791.000 -0.3%
2014 1.241.002.000 3.64%
2015 1.204.704.000 -3.01%
2016 1.153.723.000 -4.42%
2017 1.247.700.000 7.53%
2018 1.265.459.000 1.4%
2019 1.213.455.000 -4.29%
2020 1.195.440.000 -1.51%
2021 1.198.326.000 0.24%
2022 1.197.222.000 -0.09%
2023 1.168.595.000 -2.45%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Hong Kong Economic Times Holdings Limited Liabilities
Year Liabilities Growth
2004 203.154.000
2005 215.790.000 5.86%
2006 166.950.000 -29.25%
2007 230.151.000 27.46%
2008 184.526.000 -24.73%
2009 220.716.000 16.4%
2010 249.424.000 11.51%
2011 312.461.000 20.17%
2012 399.810.000 21.85%
2013 384.791.000 -3.9%
2014 413.443.000 6.93%
2015 357.147.000 -15.76%
2016 310.634.000 -14.97%
2017 354.652.000 12.41%
2018 339.531.000 -4.45%
2019 308.346.000 -10.11%
2020 284.870.000 -8.24%
2021 292.704.000 2.68%
2022 304.800.000 3.97%
2023 260.439.000 -17.03%

Hong Kong Economic Times Holdings Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.14
Net Income per Share
0.13
Price to Earning Ratio
6.85x
Price To Sales Ratio
0.4x
POCF Ratio
116.03
PFCF Ratio
-17.08
Price to Book Ratio
0.42
EV to Sales
0.17
EV Over EBITDA
-37.23
EV to Operating CashFlow
50.41
EV to FreeCashFlow
-7.42
Earnings Yield
0.15
FreeCashFlow Yield
-0.06
Market Cap
0,37 Bil.
Enterprise Value
0,16 Bil.
Graham Number
2.41
Graham NetNet
0.87

Income Statement Metrics

Net Income per Share
0.13
Income Quality
0.06
ROE
0.06
Return On Assets
0.05
Return On Capital Employed
-0.04
Net Income per EBT
0.64
EBT Per Ebit
-2.22
Ebit per Revenue
-0.04
Effective Tax Rate
0.36

Margins

Sales, General, & Administrative to Revenue
0.23
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.4
Operating Profit Margin
-0.04
Pretax Profit Margin
0.09
Net Profit Margin
0.06

Dividends

Dividend Yield
0.12
Dividend Yield %
11.63
Payout Ratio
0.8
Dividend Per Share
0.1

Operating Metrics

Operating Cashflow per Share
0.01
Free CashFlow per Share
-0.05
Capex to Operating CashFlow
7.79
Capex to Revenue
0.03
Capex to Depreciation
0.63
Return on Invested Capital
-0.03
Return on Tangible Assets
0.05
Days Sales Outstanding
54.21
Days Payables Outstanding
14.98
Days of Inventory on Hand
10.25
Receivables Turnover
6.73
Payables Turnover
24.37
Inventory Turnover
35.61
Capex per Share
0.06

Balance Sheet

Cash per Share
1,22
Book Value per Share
2,10
Tangible Book Value per Share
2.16
Shareholders Equity per Share
2.05
Interest Debt per Share
0.01
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
48.46
Current Ratio
3.07
Tangible Asset Value
0,93 Bil.
Net Current Asset Value
0,46 Bil.
Invested Capital
889932000
Working Capital
0,48 Bil.
Intangibles to Total Assets
-0.02
Average Receivables
0,15 Bil.
Average Payables
0,03 Bil.
Average Inventory
17185000
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Hong Kong Economic Times Holdings Limited Dividends
Year Dividends Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Hong Kong Economic Times Holdings Limited Profile

About Hong Kong Economic Times Holdings Limited

Hong Kong Economic Times Holdings Limited, an investment holding company, operates as a diversified multi-media company primarily in Hong Kong. It operates through two segments: Media; and Financial News Agency, Information, and Solutions. The Media segment engages in the printing and publication of newspapers, magazines, and books, as well as the operation of digital platforms, including recruitment, finance, and lifestyle. The Financial News Agency, Information, and Solutions segment provides electronic financial and property market information and related solutions, and information subscription services, solutions, and other related maintenance services. It also provides recruitment advertising and training services; equities and derivatives trading services; and operates a computer software research and development center, and health portal, as well as holds properties. The company was founded in 1988 and is headquartered in North Point, Hong Kong.

CEO
Mr. Siu Por Fung
Employee
1.184
Address
Kodak House II
North Point,

Hong Kong Economic Times Holdings Limited Executives & BODs

Hong Kong Economic Times Holdings Limited Executives & BODs
# Name Age
1 Ms. Ching Wong A.C.I.S., A.C.S., ACIS, ACS, C.P.A., CPA
Company Secretary, Head of Finance & Executive Director
70
2 Ms. Sau Mei See
MD & Executive Director
70
3 Mr. Siu Por Fung
Founder, Chairman & Chief Executive Officer
70

Hong Kong Economic Times Holdings Limited Competitors