Moon Inc. logo

Moon Inc.

1723.HK

HKSECommunication ServicesTelecommunications Services

Latest quote

HK$0.46

+HK$0.005 · +1.10%

Aug 24, 11:27 AM HKT

1723.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

HK Asia Holdings Limited 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 international phone calls and utilize mobile data services. Founded in 1995, its corporate headquarters are situated in Sheung Wan, Hong Kong.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
HK
CEO
John Edwin Riggins
Listed since
Sep 27, 2018
Employees
58

Market position

Day range

Current HK$0.46

52-week range

Current HK$0.46

Open
HK$0.455
Previous close
HK$0.455
Volume
116K
0.16× average
Average volume
730.15K
Average daily volume
Market cap
220.01M HKD
Beta
2.56
Market reference 1
50-day average
HK$0.7101
-35.22% below average
200-day average
HK$1.1525
-60.09% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
452.55M HKD
P/E (TTM)
-7.67×
P/B (TTM)
0.63×
P/S (TTM)
1.07×
EV / EBITDA
-46.14×
Earnings yield
-6.41%
Free cash flow yield
-6.63%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
24.49%
Operating margin
-7.08%
Net margin
-13.75%
Return on equity
-8.65%
Return on assets
-6.72%
Return on invested capital
-3.50%

Financial health

Debt / equity
0.27×
Current ratio
13.7×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends37%19%0%-18%Gross margin, FY2021: 32.36%Gross margin, FY2022: 22.15%Gross margin, FY2023: 24.43%Gross margin, FY2024: 22.86%Gross margin, FY2025: 24.49%Operating margin, FY2021: 12.07%Operating margin, FY2022: 0.78%Operating margin, FY2023: 6.00%Operating margin, FY2024: 1.18%Operating margin, FY2025: -7.08%Net margin, FY2021: 10.63%Net margin, FY2022: 1.93%Net margin, FY2023: 5.88%Net margin, FY2024: 0.94%Net margin, FY2025: -13.76%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 32.36%. Gross margin FY2022 22.15%. Gross margin FY2023 24.43%. Gross margin FY2024 22.86%. Gross margin FY2025 24.49%. Operating margin FY2021 12.07%. Operating margin FY2022 0.78%. Operating margin FY2023 6.00%. Operating margin FY2024 1.18%. Operating margin FY2025 -7.08%. Net margin FY2021 10.63%. Net margin FY2022 1.93%. Net margin FY2023 5.88%. Net margin FY2024 0.94%. Net margin FY2025 -13.76%.

Income trends

Revenue

206.11M HKD+8.73%

Operating income

−14.6M HKD−16.84M HKD

Net income

−28.36M HKD−30.15M HKD
Income trends across reported periods280.46M HKD168.16M HKD55.87M HKD−56.43M HKDRevenue, FY2021: 183M HKDRevenue, FY2022: 204.57M HKDRevenue, FY2023: 252.38M HKDRevenue, FY2024: 189.56M HKDRevenue, FY2025: 206.11M HKDOperating income, FY2021: 22.09M HKDOperating income, FY2022: 1.59M HKDOperating income, FY2023: 15.14M HKDOperating income, FY2024: 2.24M HKDOperating income, FY2025: −14.6M HKDNet income, FY2021: 19.46M HKDNet income, FY2022: 3.94M HKDNet income, FY2023: 14.84M HKDNet income, FY2024: 1.79M HKDNet income, FY2025: −28.36M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 183M HKD. Revenue FY2022 204.57M HKD. Revenue FY2023 252.38M HKD. Revenue FY2024 189.56M HKD. Revenue FY2025 206.11M HKD. Operating income FY2021 22.09M HKD. Operating income FY2022 1.59M HKD. Operating income FY2023 15.14M HKD. Operating income FY2024 2.24M HKD. Operating income FY2025 −14.6M HKD. Net income FY2021 19.46M HKD. Net income FY2022 3.94M HKD. Net income FY2023 14.84M HKD. Net income FY2024 1.79M HKD. Net income FY2025 −28.36M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue206.11M HKD189.56M HKD252.38M HKD204.57M HKD183M HKD
Cost of goods sold155.63M HKD146.23M HKD190.74M HKD159.26M HKD123.79M HKD
Gross profit50.48M HKD43.33M HKD61.65M HKD45.3M HKD59.22M HKD
Selling, general, and administrative65.08M HKD41.09M HKD46.5M HKD43.72M HKD37.13M HKD
Operating expenses65.08M HKD41.09M HKD46.5M HKD43.72M HKD37.13M HKD
Interest income13K HKD1.18M HKD1.71M HKD382K HKD
Interest expense1.83M HKD230K HKD395K HKD254K HKD260K HKD
Depreciation and amortization4.79M HKD5.71M HKD6.02M HKD5.63M HKD6.06M HKD
Operating income−14.6M HKD2.24M HKD15.14M HKD1.59M HKD22.09M HKD
Net income−28.36M HKD1.79M HKD14.84M HKD3.94M HKD19.46M 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 estimates0.070.03-0.01-0.04Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q2 '25
Q3 2021, reported Sep 30, 2021: actual 0.023, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 0.025, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 25, 2022: actual 0.014, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual -0.005, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 30, 2023: actual 0.027, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual 0.01, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 30, 2024: actual 0.002, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 25, 2025: actual 0.003, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates134.16M116.91M99.65M82.4MQ3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q2 '25
Q3 2021, reported Sep 30, 2021: actual 88.72M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 94.29M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 25, 2022: actual 87.56M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 117.01M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 30, 2023: actual 129M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 28, 2024: actual 123.38M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 30, 2024: actual 98.54M HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 25, 2025: actual 91.02M HKD, estimate —, surprise —, Comparison unavailable.

1723.HK peers

Continue in GoAI

Research 1723.HK

research.disclaimer