Handelsavisen
prelaunch
Companies ›Real Estate ›0131.HK
01
0131.HK — HKEX Real Estate Rental, Development & Operations

0131.Hk

HK$1,31
Open in Charts → Attach watcher ⌖
— —
HKD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
—
P/E
—
EV / Rev
—
Div yield
3,94 %
Op margin
-669,0 %
ROE
-17,1 %
Net margin
-587,0 %
Debt / equity
0,26
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
—
Ex-dividend
—
TR 1Y
—
About

The company operates in the real estate rental, development, and operations sector, generating revenue primarily through property development and management activities.

Business. The company operates in the real estate rental, development, and operations sector, generating revenue primarily through property development and management activities.

Classification92 %
SectorReal Estate
IndustryReal Estate Rental, Development & Operations
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 0131.

    • 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+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate · THIS SECTOR−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 0131.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

    The company operates in the real estate rental, development, and operations sector, generating revenue primarily through property development and management activities.

    Classification92 %
    SectorReal Estate
    IndustryReal Estate Rental, Development & Operations
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a debt-to-equity ratio of 0.26, indicating a relatively conservative leverage position compared to the industry median of 0.45. However, the company's liquidity is assessed as medium, with a current ratio of 3.14, which is above the industry median of 2.8. Despite this, the company reported negative net cash after subtracting total debt, signaling potential liquidity constraints.

    Profitability metrics show significant underperformance relative to industry norms. The company reported a return on equity (ROE) of -17.14% and a return on assets (ROA) of -11.83%, both well below the industry median ROE of 5.2% and ROA of 3.8%. These figures suggest operational inefficiencies and a lack of value creation for shareholders.

    The company's revenue is concentrated in a single geographic region, with no disclosed diversification across multiple markets. This concentration increases exposure to local economic downturns and regulatory shifts. No material segment breakdown is available, but the absence of geographic diversification is a notable risk factor.

    Growth trajectory is negative, with the company reporting a net loss of HKD 989.2 million in the latest period. The operating income was also negative at HKD 1.13 billion, and free cash flow was negative at HKD 1.18 billion. These figures suggest a lack of operational momentum and potential challenges in sustaining growth in the near term.

    Risk factors include medium liquidity risk and low dilution potential. The company's negative net cash position after debt is a key flag, and while dilution is currently low, the company may need to raise additional capital if operating performance does not improve. No recent dilutive events were identified in the latest filings.

    Recent events include the publication of the latest financial results, which show a significant decline in profitability. No material regulatory or legal events were disclosed in the latest filings, but the company's negative operating performance may attract increased scrutiny from investors and analysts.

    Key takeaways
    • The company is operating at a significant loss, with negative net income and operating income.
    • The company's capital structure is relatively conservative, but liquidity is a concern due to negative net cash after debt.
    • Profitability metrics are far below industry medians, indicating operational inefficiencies.
    • The company lacks geographic diversification, increasing exposure to local market risks.
    • Growth is negative, with no clear path to improvement in the near term.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$1,31
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    HK$5.77B
    Net cashⓘ
    -HK$1.52B
    Current ratioⓘ
    3.1
    Debt / equityⓘ
    0.3
    ROAⓘ
    -11.8%
    ROEⓘ
    -17.1%
    Cash conversionⓘ
    -5.0%
    CapEx / revenueⓘ
    -1.0%
    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-669,0 %Bottom quartile
    Net Margin-587,0 %Bottom quartile
    ROE-17,1 %Bottom quartile
    Capex / Rev-1,0 %Above median
    D/E0,26Above median
    Cash Conv-0,05Below median

    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
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 0131.HK Market data — financials · 2026-05-26

    Ownership & reference

    Leadership

    • Cecil ChaoExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    0131.HKCanonical
    HKEX · HKD

    Intel & risk

    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