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0078.HK — HKEX Hotels, Motels & Cruise Lines

0078.Hk

HK$0,49
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Mcap
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P/E
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EV / Rev
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Div yield
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Op margin
-7,2 %
ROE
-17,1 %
Net margin
-43,5 %
Debt / equity
2,07
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

0078.HK operates in the hotels, motels, and cruise lines industry, generating revenue primarily through accommodation and hospitality services.

Business. 0078.HK operates in the hotels, motels, and cruise lines industry, generating revenue primarily through accommodation and hospitality services.

Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Services
IndustryHotels, Motels & Cruise Lines
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-17,1 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 0078.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 0078.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    0078.HK operates in the hotels, motels, and cruise lines industry, generating revenue primarily through accommodation and hospitality services.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorCyclical Consumer Services
    IndustryHotels, Motels & Cruise Lines
    AI synthesis
    GENERATED

    The company's capital structure is highly leveraged, with a debt-to-equity ratio of 2.07, indicating significant reliance on long-term debt to finance operations. Liquidity is constrained, as evidenced by a current ratio of 0.23, suggesting the company may struggle to meet short-term obligations without external financing. The negative net cash position further exacerbates liquidity concerns, as the company holds insufficient cash to cover total debt.

    Profitability is severely underperforming, with a return on equity of -17.08% and a return on assets of -5.25%, both well below the typical performance of the hotels, motels, and cruise lines industry. The company reported a net loss of HKD 1.2 billion and an operating loss of HKD 199.2 million, reflecting weak operational performance and cost management.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the latest financial data. This lack of diversification increases exposure to regional economic downturns and regulatory changes that could impact the hospitality sector.

    Growth appears to be under pressure, with the company reporting a revenue of HKD 2.76 billion in the latest period. Without disclosed revenue growth rates or forward-looking guidance, it is difficult to assess the trajectory of future performance. The operating and net losses suggest that the company is not currently generating sufficient cash flow to support expansion or debt servicing.

    Risk factors include high leverage, weak liquidity, and poor profitability. The company's dilution potential is currently low, as there is no indication of recent share issuance or plans for additional equity financing. However, the need to service a large long-term debt balance of HKD 14.59 billion could force the company to raise capital in the future, potentially through dilutive means.

    Recent events include the continued impact of the global pandemic on travel and hospitality demand, which has significantly reduced occupancy rates and revenue for the company. The company has not disclosed any recent filings or transcripts that provide insight into management's strategy for recovery or capital preservation.

    Key takeaways
    • The company is highly leveraged, with a debt-to-equity ratio of 2.07, indicating significant financial risk.
    • Profitability is negative, with a return on equity of -17.08% and a return on assets of -5.25%.
    • Liquidity is weak, as shown by a current ratio of 0.23 and a negative net cash position.
    • Revenue is concentrated in a single business segment, increasing exposure to sector-specific risks.
    • The company is not currently generating sufficient cash flow to support operations or debt servicing.
    • The impact of the global pandemic continues to weigh heavily on the company's performance.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,49
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    HK$7.03B
    Net cashⓘ
    -HK$14.59B
    Current ratioⓘ
    0.2
    Debt / equityⓘ
    2.1
    ROAⓘ
    -5.2%
    ROEⓘ
    -17.1%
    Cash conversionⓘ
    —
    CapEx / revenueⓘ
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    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-7,2 %Bottom quartile
    Net Margin-43,5 %Bottom quartile
    ROE-17,1 %Bottom quartile
    D/E2,07Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Return On Assets
      net_income / total_assets
    Source documents
    • 0078.HK Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    0078.HKCanonical
    HKEX · HKD

    Intel & risk

    What changed

    4 tracked-field change(s) detected vs prior analysis; max severity: medium.

    • Dilution risk— → lowlow
    • Liquidity risk— → mediumlow
    • Activity— → Hotels, Motels & Cruise Linesmedium
    • Economic sector— → Consumer Cyclicalsmedium
    vs prior analysis today
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage