1703.HK · Palace Banquet Holdings Limited

-

Please sign in to comment on 1703.HK

1 Comment

Admin

3 years, 7 months ago

Palace Banquet Holdings Limited is currently in a long term uptrend where the price is trading 45.9% above its 200 day moving average.

From a valuation standpoint, the stock is 75.2% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 1.2.

Palace Banquet Holdings Limited's total revenue sank by 51.0% to $163M since the same quarter in the previous year.

Its net income has increased by 33.9% to $-28M since the same quarter in the previous year.

Finally, its free cash flow fell by 77.4% to $5M since the same quarter in the previous year.

Based on the above factors, Palace Banquet Holdings Limited gets an overall score of 3/5.

Exchange	HK
Industry	Restaurants
Sector	Consumer Cyclical
CurrencyCode	HKD
ISIN	KYG6875A1094

Beta	0.45
Target Price	None
Market Cap	598M
Dividend Yield	0.0%
PE Ratio	None

ABOUT

Palace Banquet Holdings Limited

Welife Technology Limited, an investment holding company, operates restaurants in Hong Kong. The company offers Cantonese dining and banquet services, including wedding banquet services. It operates Chinese full-service restaurants under the Palace, Royal Courtyard, Sea Moon Cuisine brand names. The company was formerly known as The Palace Holdings Limited and changed its name to Palace Banquet Holdings Limited in October 2018. Welife Technology Limited was founded in 2006 and is headquartered in Wan Chai, Hong Kong.

1703.HK · Palace Banquet Holdings Limited

-

Palace Banquet Holdings Limited

Earnings

Valuation

Cash Flow

Profitability

Performance

Backtest Palace Banquet Holdings Limited using a moving average strategy