Travel Expert (Asia) Enterprises Limited logo

Travel Expert (Asia) Enterprises Limited

1235.HK

HKSEConsumer CyclicalTravel Services

Latest quote

HK$0.199

−HK$0.001 · -0.50%

Aug 17, 3:39 PM HKT

1235.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Travel Expert (Asia) Enterprises Limited operates as an investment holding firm, delivering comprehensive travel agency services within both Hong Kong and the People's Republic of China. The company's operations are divided into distinct areas: travel and wedding-related activities, food and beverage, treasury management, and other business ventures. Its core offerings encompass the sale of airline tickets, hotel accommodations, various travel and wedding-related products, and all-inclusive package tours. Beyond these, the company is involved in property investments, engaging in treasury activities, and retailing frozen food and groceries through its teSTORE outlets and online channels. It also provides marketing and management consultancy. As of March 31, 2022, Travel Expert (Asia) Enterprises Limited maintained five retail establishments in Hong Kong under the "Travel Expert" and "Premium Holidays" banners, alongside a "Café Another" branded café. Founded in 1986, the company's main office is located in Sheung Wan, Hong Kong, and it functions as a subsidiary of Colvin & Horne Holdings Limited.

Industry
Travel Services
Sector
Consumer Cyclical
Headquarters
HK
CEO
Hang Fan Cheng
Listed since
Sep 29, 2011
Employees
182

Market position

52-week range

Current HK$0.199

Open
HK$0.199
Previous close
HK$0.20
Volume
5K
0.06× average
Average volume
90.33K
Average daily volume
Market cap
101.46M HKD
Beta
-0.38
Market reference 1
50-day average
HK$0.1951
+2.00% above average
200-day average
HK$0.1817
+9.54% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-17.51M HKD
P/E (TTM)
16.86×
P/B (TTM)
1.52×
P/S (TTM)
0.28×
EV / EBITDA
-1.82×
Earnings yield
6.85%
Free cash flow yield
17.63%
Dividend yield
4.02%

Profitability & efficiency

Gross margin
26.30%
Operating margin
1.15%
Net margin
1.68%
Return on equity
9.00%
Return on assets
3.66%
Return on invested capital
0.09%

Financial health

Debt / equity
0.1×
Current ratio
1.56×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends77%-26%-130%-233%Gross margin, FY2021: 51.30%Gross margin, FY2022: 48.97%Gross margin, FY2023: 41.81%Gross margin, FY2024: 33.69%Gross margin, FY2025: 24.99%Operating margin, FY2021: -207.36%Operating margin, FY2022: -33.43%Operating margin, FY2023: 4.12%Operating margin, FY2024: 2.13%Operating margin, FY2025: 0.02%Net margin, FY2021: -174.36%Net margin, FY2022: -5.47%Net margin, FY2023: 5.57%Net margin, FY2024: 1.32%Net margin, FY2025: 1.68%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 51.30%. Gross margin FY2022 48.97%. Gross margin FY2023 41.81%. Gross margin FY2024 33.69%. Gross margin FY2025 24.99%. Operating margin FY2021 -207.36%. Operating margin FY2022 -33.43%. Operating margin FY2023 4.12%. Operating margin FY2024 2.13%. Operating margin FY2025 0.02%. Net margin FY2021 -174.36%. Net margin FY2022 -5.47%. Net margin FY2023 5.57%. Net margin FY2024 1.32%. Net margin FY2025 1.68%.

Income trends

Revenue

359M HKD+40.65%

Operating income

74K HKD-98.64%

Net income

6.04M HKD+79.02%
Income trends across reported periods397.03M HKD244.91M HKD92.78M HKD−59.34M HKDRevenue, FY2021: 10.28M HKDRevenue, FY2022: 40.27M HKDRevenue, FY2023: 162.21M HKDRevenue, FY2024: 255.24M HKDRevenue, FY2025: 359M HKDOperating income, FY2021: −21.31M HKDOperating income, FY2022: −13.46M HKDOperating income, FY2023: 6.68M HKDOperating income, FY2024: 5.44M HKDOperating income, FY2025: 74K HKDNet income, FY2021: −17.92M HKDNet income, FY2022: −2.2M HKDNet income, FY2023: 9.03M HKDNet income, FY2024: 3.37M HKDNet income, FY2025: 6.04M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 10.28M HKD. Revenue FY2022 40.27M HKD. Revenue FY2023 162.21M HKD. Revenue FY2024 255.24M HKD. Revenue FY2025 359M HKD. Operating income FY2021 −21.31M HKD. Operating income FY2022 −13.46M HKD. Operating income FY2023 6.68M HKD. Operating income FY2024 5.44M HKD. Operating income FY2025 74K HKD. Net income FY2021 −17.92M HKD. Net income FY2022 −2.2M HKD. Net income FY2023 9.03M HKD. Net income FY2024 3.37M HKD. Net income FY2025 6.04M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue359M HKD255.24M HKD162.21M HKD40.27M HKD10.28M HKD
Cost of goods sold269.27M HKD169.25M HKD94.39M HKD20.55M HKD5.01M HKD
Gross profit89.73M HKD86M HKD67.82M HKD19.72M HKD5.27M HKD
Selling, general, and administrative89.66M HKD79.34M HKD68.85M HKD37.41M HKD29.94M HKD
Operating expenses89.66M HKD80.56M HKD61.14M HKD33.19M HKD26.59M HKD
Interest income1.69M HKD2.94M HKD2.7M HKD1.27M HKD1.1M HKD
Interest expense576K HKD812K HKD684K HKD256K HKD394K HKD
Depreciation and amortization9.56M HKD8.97M HKD7.26M HKD3.45M HKD1.3M HKD
Operating income74K HKD5.44M HKD6.68M HKD−13.46M HKD−21.31M HKD
Net income6.04M HKD3.37M HKD9.03M HKD−2.2M HKD−17.92M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.050.02-0.02-0.06Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q3 '25
Q3 2021, reported Sep 30, 2021: actual -0.014, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual -0.021, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 30, 2022: actual -0.008, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 0.003, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 30, 2023: actual 0.003, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual 0.015, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 27, 2024: actual 0.005, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual -0.001, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates159.56M107.47M55.38M3.28MQ3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q3 '25
Q3 2021, reported Sep 30, 2021: actual 3.86M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 6.41M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 30, 2022: actual 8.99M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 31.28M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 30, 2023: actual 59.55M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual 102.66M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 27, 2024: actual 114.49M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 148.03M HKD, estimate —, surprise —, Comparison unavailable.

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