Ares Asia Limited, an investment holding company, engages in the trading of coal and other commodities in Mainland China, Hong Kong, and Singapore. Ares Asia Limited was formerly known as KTP Holdings Ltd. and changed its name to Ares Asia Limited in April 2012. The company was incorporated in 1993 and is headquartered in Kowloon, Hong Kong. Ares Asia Limited is a subsidiary of Reignwood Group.
Research context
Ares Asia Limited appears in PyInvesting’s Hong Kong Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- HKD
- Sector
- Energy
- Industry
- Thermal Coal
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5 years, 6 months ago
Ares Asia Limited is currently in a long term downtrend where the price is trading 16.2% below its 200 day moving average.
From a valuation standpoint, the stock is 90.8% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.2.
Ares Asia Limited's total revenue sank by 21.1% to $45M since the same quarter in the previous year.
Its net income has dropped by 353.3% to $-417K since the same quarter in the previous year.
Finally, its free cash flow fell by 99.5% to $54K since the same quarter in the previous year.
Based on the above factors, Ares Asia Limited gets an overall score of 1/5.