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Asiasec Properties Limited

0271.HK

HKSEReal EstateReal Estate - Services

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Latest quote

HK$0.154

−HK$0.004 · -2.53%

Aug 19, 3:42 PM HKT

0271.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Asiasec Properties Limited operates predominantly in Hong Kong as an investment holding company, concentrating on property acquisitions, leasing activities, and managing real estate assets. Its extensive investment portfolio features a diverse range of holdings, including commercial and residential premises, alongside various parking facilities. Beyond its core property operations, the firm additionally offers financing solutions. Established in 1973, the company's central office is situated in Wan Chai, Hong Kong. It was formerly recognized as Dan Form Holdings Company Limited until it rebranded to Asiasec Properties Limited in June 2017. The enterprise functions as a subsidiary of Autobest Holdings Limited.

Industry
Real Estate - Services
Sector
Real Estate
Headquarters
HK
CEO
Shu Yin Lee
Listed since
Feb 28, 1973
Employees
32

Market position

Day range

Current HK$0.154

52-week range

Current HK$0.154

Open
HK$0.159
Previous close
HK$0.158
Volume
218K
3.91× average
Average volume
55.76K
Average daily volume
Market cap
191.06M HKD
Beta
0.49
Market reference 1
50-day average
HK$0.1575
-2.21% below average
200-day average
HK$0.1756
-12.32% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
724.33M HKD
P/E (TTM)
-0.73×
P/B (TTM)
0.14×
P/S (TTM)
3.39×
EV / EBITDA
-3.63×
Earnings yield
-95.91%
Free cash flow yield
-12.06%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
86.15%
Operating margin
12.52%
Net margin
-470.87%
Return on equity
-14.07%
Return on assets
-9.59%
Return on invested capital
0.29%

Financial health

Debt / equity
0.38×
Current ratio
0.61×
Altman Z-score
-0.36
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends763%-530%-1824%-3118%Gross margin, FY2021: 87.28%Gross margin, FY2022: 85.85%Gross margin, FY2023: 88.00%Gross margin, FY2024: 100.00%Gross margin, FY2025: 83.38%Operating margin, FY2021: -2794.39%Operating margin, FY2022: -16.80%Operating margin, FY2023: 44.02%Operating margin, FY2024: 49.99%Operating margin, FY2025: 12.70%Net margin, FY2021: -2793.01%Net margin, FY2022: -86.42%Net margin, FY2023: 439.89%Net margin, FY2024: -158.08%Net margin, FY2025: -397.63%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 87.28%. Gross margin FY2022 85.85%. Gross margin FY2023 88.00%. Gross margin FY2024 100.00%. Gross margin FY2025 83.38%. Operating margin FY2021 -2794.39%. Operating margin FY2022 -16.80%. Operating margin FY2023 44.02%. Operating margin FY2024 49.99%. Operating margin FY2025 12.70%. Net margin FY2021 -2793.01%. Net margin FY2022 -86.42%. Net margin FY2023 439.89%. Net margin FY2024 -158.08%. Net margin FY2025 -397.63%.

Income trends

Revenue

53.86M HKD+13.91%

Operating income

6.84M HKD-71.06%

Net income

−214.18M HKD-186.52%
Income trends across reported periods447.88M HKD−283.65M HKD−1.02B HKD−1.75B HKDRevenue, FY2021: 55.96M HKDRevenue, FY2022: 50.57M HKDRevenue, FY2023: 60.24M HKDRevenue, FY2024: 47.29M HKDRevenue, FY2025: 53.86M HKDOperating income, FY2021: −1.56B HKDOperating income, FY2022: −8.5M HKDOperating income, FY2023: 26.52M HKDOperating income, FY2024: 23.64M HKDOperating income, FY2025: 6.84M HKDNet income, FY2021: −1.56B HKDNet income, FY2022: −43.7M HKDNet income, FY2023: 265M HKDNet income, FY2024: −74.75M HKDNet income, FY2025: −214.18M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 55.96M HKD. Revenue FY2022 50.57M HKD. Revenue FY2023 60.24M HKD. Revenue FY2024 47.29M HKD. Revenue FY2025 53.86M HKD. Operating income FY2021 −1.56B HKD. Operating income FY2022 −8.5M HKD. Operating income FY2023 26.52M HKD. Operating income FY2024 23.64M HKD. Operating income FY2025 6.84M HKD. Net income FY2021 −1.56B HKD. Net income FY2022 −43.7M HKD. Net income FY2023 265M HKD. Net income FY2024 −74.75M HKD. Net income FY2025 −214.18M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue53.86M HKD47.29M HKD60.24M HKD50.57M HKD55.96M HKD
Cost of goods sold8.95M HKD7.52M HKD7.23M HKD7.16M HKD7.12M HKD
Gross profit44.91M HKD47.29M HKD53.01M HKD43.41M HKD48.84M HKD
Research and development————−27.94 HKD
Selling, general, and administrative8.83M HKD7.44M HKD7.09M HKD13.08M HKD12.52M HKD
Operating expenses38.07M HKD23.65M HKD26.49M HKD51.91M HKD1.6B HKD
Interest income2.58M HKD8.07M HKD11.58M HKD10.83M HKD17.57M HKD
Interest expense23.55M HKD34.1M HKD18.21M HKD——
Depreciation and amortization64K HKD82K HKD142K HKD198K HKD172K HKD
Operating income6.84M HKD23.64M HKD26.52M HKD−8.5M HKD−1.56B HKD
Net income−214.18M HKD−74.75M HKD265M HKD−43.7M HKD−1.56B HKD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-0.17
FY2025
Latest fiscal-year revenue
53.86M HKD
FY2025 · +13.91% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.36-0.23-0.82-1.41FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend61.54M56.36M51.17M45.99MFY21FY22FY23FY24FY25

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.95

2021 complete year+90.0% since 2017

Corporate action history

Dividend

Ex-dividend Nov 10, 2021

HK$0.95

Special

Record Nov 11, 2021 · Payment Dec 6, 2021

Dividend

Ex-dividend Mar 31, 2020

HK$0.025

Annual

Record Apr 1, 2020 · Payment Apr 16, 2020

Dividend

Ex-dividend Mar 26, 2019

HK$0.10

Annual

Record Mar 27, 2019 · Payment Apr 10, 2019

Dividend

Ex-dividend Mar 27, 2018

HK$0.25

Semi-Annual

Record Mar 28, 2018 · Payment Apr 13, 2018

Dividend

Ex-dividend Sep 5, 2017

HK$0.25

Semi-Annual

Record Sep 6, 2017 · Payment Sep 25, 2017

Dividend

Ex-dividend Feb 9, 2017

HK$0.25

Special

Record Feb 10, 2017 · Payment Feb 23, 2017

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