Asia Cassava Resources Holdings Limited logo

Asia Cassava Resources Holdings Limited

0841.HK

HKSEConsumer DefensivePackaged Foods

Latest quote

HK$0.165

−HK$0.02 · -10.81%

Aug 24, 11:27 AM HKT

0841.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Asia Cassava Resources Holdings Limited operates as an investment holding company with a primary focus on the acquisition, processing, storage, and distribution of dried cassava chips. These core activities serve markets in Mainland China, Hong Kong, and Thailand. The company's operations are divided into three main business units: the sourcing and sale of dried cassava chips, property investments, and the management of hotel and serviced apartment facilities. In addition to its central cassava-related business, Asia Cassava Resources Holdings Limited diversifies its interests by investing in commercial office spaces and industrial properties. It also manages a portfolio of trademarks, conducts debt collection, oversees serviced apartment complexes, and offers shipping agency services. Furthermore, the company is involved in operating a hotel, including its restaurant and entertainment amenities, and actively participates in the trading and bidding for dried cassava chips. Established in 1984, the company's main office is located in Tsim Sha Tsui East, Hong Kong, and it functions as a subsidiary of Art Rich Management Limited.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
HK
CEO
Ming Chuan Chu
Listed since
Mar 23, 2009
Employees
200

Market position

52-week range

Current HK$0.165

Open
HK$0.165
Previous close
HK$0.185
Volume
2K
0.01× average
Average volume
232.38K
Average daily volume
Market cap
96.48M HKD
Beta
-0.36
Market reference 1
50-day average
HK$0.1561
+5.70% above average
200-day average
HK$0.192
-14.04% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
584.97M HKD
P/E (TTM)
-37.5×
P/B (TTM)
0.18×
P/S (TTM)
0.08×
EV / EBITDA
34.66×
Earnings yield
-2.52%
Free cash flow yield
229.37%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
7.67%
Operating margin
-0.44%
Net margin
-0.20%
Return on equity
-0.48%
Return on assets
-0.18%
Return on invested capital
5.68%

Financial health

Debt / equity
0.99×
Current ratio
1.04×

Earnings

Latest EPS result
-0.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.1-0.02-0.14-0.26Q1 '21Q3 '21Q1 '22Q4 '22Q3 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual -0.047, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 0.041, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 0.036, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 1, 2022: actual 0.058, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Jul 12, 2023: actual -0.22, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 1, 2023: actual 0.028, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 29, 2024: actual -0.219, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 29, 2024: actual -0.015, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates2.25B1.6B942.01M286.24MQ1 '21Q3 '21Q1 '22Q4 '22Q3 '23Q4 '23Q2 '24Q4 '24
Q1 2021, reported Mar 31, 2021: actual 1.67B HKD, estimate —, surprise —, Comparison unavailable. Q3 2021, reported Sep 30, 2021: actual 1.54B HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 2.05B HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Dec 1, 2022: actual 2.11B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Jul 12, 2023: actual 1.86B HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Dec 1, 2023: actual 856.28M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 29, 2024: actual 336.75M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 29, 2024: actual 449.21M HKD, estimate —, surprise —, Comparison unavailable.

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