Allied Group Limited - 0373.HK

0373.HK Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
0373.HK	-0.7	0	1.4	-4.7	-4.1	-10.1	-48.9	-28.6	-12.9	238.1
S&P 500	0.6	1.5	1.9	5.0	9.6	25.1	38.0	83.0	196.6	34364.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	0373.HK
name	Allied Group Limited
price	1.42
changes percentage	-0.6993
change	-0.01
day low	1.42
day high	1.44
year high	1.71
year low	1.38
market cap	4989425600
price avg 50	1.4126
price avg 200	1.47395
exchange	HKSE
volume	76000
avg volume	149677
open	1.44
previous close	1.43
eps	-0.05
pe	-28.4
earnings announcement	2024-08-28T11:06:31.000+0000
shares outstanding	3513680000
timestamp	2025-01-21 07:53:35

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 31.3%

Overall Quarterly Financial Health: 45.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	5961400000	7078300000	-15.78
gross profit	2702100000	2449800000	10.30
gross profit ratio	0.45	0.35	30.96
research and development expenses	0	-0.02	100.00
operating expenses	2117699999	6442400000	-67.13
interest income	4044000000	4200000000	-3.71
interest expense	822800000	845400000	-2.67
ebitda	1064400000	1150300000	-7.47
ebitdaratio	0.18	0.1	82.92
operating income	3843700001	380400000	910.44
operating income ratio	0.64	0.05	1099.75
net income	-125400000	-1131100000	88.91
net income ratio	-0.02	-0.16	86.84
eps	-0.04	-0.32	88.84

Overall Score of Annual Income Statement

None

Detailed Analysis

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	3116900000	3057900000	1.93
gross profit	286900000	3057900000	-90.62
gross profit ratio	0.09	1	-90.80
research and development expenses	0	0	NaN
operating expenses	1064300000	1134600000	-6.20
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	2180200000	0	NaN
ebitdaratio	0.7	0	NaN
operating income	2052600000	1923300000	6.72
operating income ratio	0.66	0.63	4.70
net income	-213800000	38500000	-655.32
net income ratio	-0.07	0.01	-644.81
eps	-0.06	0.01	-652.73

Overall Score of Quarterly Income Statement

0.57 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 3,117 million in 2024Q2 from 3,058 million in 2023Q4 representing a change of 1.93%. This indicates a sales growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 1,064 million in 2024Q2 from 1,135 million in 2023Q4 representing a change of -6.2%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 2,180 million in 2024Q2 from 0 million in 2023Q4 representing a change of nan%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 2,053 million in 2024Q2 from 1,923 million in 2023Q4 representing a change of 6.72%. The increase in operating income indicates better operational performance and increased profitability.

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 287 million in 2024Q2 from 3,058 million in 2023Q4 representing a change of -90.62%. This indicates a sales profitability decline, which is a negative sign for the company.

  Net Income: Net income decreased to -214 million in 2024Q2 from 38 million in 2023Q4 representing a change of -655.32%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -0.06 in 2024Q2 from -0.06 in 2023Q4 representing a change of -652.73%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	113816800000	113250000000	0.50
total liabilities	46416700000	45043300000	3.05
total equity	67400100000	68206700000	-1.18
cash and cash equivalents	15916800000	15537900000	2.44
short term investments	-1214800000	4976000000	-124.41
long term investments	31253900000	32455900000	-3.70
total current assets	14702000000	22492500000	-34.64
total non current assets	130368700000	49041700000	165.83
total current liabilities	0	2897400000	-100.00
total non current liabilities	57447900000	2897400000	1882.74
common stock	2221700000	2221700000	0.00
retained earnings	43163000000	42529700000	1.49
total debt	24763900000	24551400000	0.87

Overall Score of Annual Balance Sheet

0.44 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 113,817 million in 2023 from 113,250 million in 2022 representing a change of 0.5%. Suggesting a growth in asset holdings.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 15,917 million in 2023 from 15,538 million in 2022 representing a change of 2.44%. This indicates an increase in available liquid assets.

  Total Current Liabilities: Total Current Liabilities decreased to 0 million in 2023 from 2,897 million in 2022 representing a change of -100.0%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 43,163 million in 2023 from 42,530 million in 2022 representing a change of 1.49%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 46,417 million in 2023 from 45,043 million in 2022 representing a change of 3.05%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 67,400 million in 2023 from 68,207 million in 2022 representing a change of -1.18%. This indicates a decrease in shareholders' equity.

  Short Term Investments: Short Term Investments decreased to -1,215 million in 2023 from 4,976 million in 2022 representing a change of -124.41%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 14,702 million in 2023 from 22,492 million in 2022 representing a change of -34.64%. This indicates a worsen liquidity position.

  Total Debt: Total Debt increased to 24,764 million in 2023 from 24,551 million in 2022 representing a change of 0.87%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	112938300000	112938300000	0.0
total liabilities	45892500000	45892500000	0.0
total equity	67045800000	67045800000	0.0
cash and cash equivalents	12665900000	12665900000	0.0
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	12665900000	12665900000	0.0
total non current assets	100272400000	100272400000	0.0
total current liabilities	0	-3355300000	100.0
total non current liabilities	45892500000	45892500000	0.0
common stock	2221700000	2221700000	0.0
retained earnings	42950600000	42950600000	0.0
total debt	9761100000	9761100000	0.0

Overall Score of Quarterly Balance Sheet

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Current Liabilities: Total Current Liabilities increased to 0 million in 2024Q2 from -3,355 million in 2024Q1 representing a change of 100.0%. This indicates a higher short-term debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	3288900000	1296900000	153.60
operating cash flow	1240500000	12391300000	-89.99
free cash flow	1030500000	12282000000	-91.61
capital expenditure	-210000000	-109300000	-92.13
depreciation and amortization	377100000	310500000	21.45
deferred income tax	0	0	NaN
stock based compensation	5500000	11900000	-53.78
accounts payables	-324400000	75000000	-532.53
inventory	-175400000	1978100000	-108.87
acquisitions net	-346900000	331800000	-204.55
investments in property plant and equipment	-210000000	-109300000	-92.13
net cash used for investing activites	3384000000	-4511900000	175.00
debt repayment	-1046700000	-4461000000	76.54
common stock issued	0	-4100000	100.00
common stock repurchased	-9900000	-26300000	62.36
dividends paid	-412900000	-465600000	11.32
net cash used provided by financing activities	-1108400000	-5987800000	81.49
cash at end of period	14702000000	11413100000	28.82
accounts receivables	1940900000	797500000	143.37
cash at beginning of period	11413100000	10116200000	12.82

Overall Score of Annual Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 3,289 million in 2023 from 1,297 million in 2022 representing a change of 153.6%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to -210 million in 2023 from -109 million in 2022 representing a change of -92.13%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Stock-Based Compensation: Stock-Based Compensation decreased to 6 million in 2023 from 12 million in 2022 representing a change of -53.78%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Dividends Paid: Dividends Paid increased to -413 million in 2023 from -466 million in 2022 representing a change of 11.32%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 1,240 million in 2023 from 12,391 million in 2022 representing a change of -89.99%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 1,030 million in 2023 from 12,282 million in 2022 representing a change of -91.61%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Accounts Payables: The absolute value of Accounts Payables increased to 324 million in 2023 from 75 million in 2022 representing a change of -532.53%. This indicates that the company has increased its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables increased to 1,941 in 2023 from 798 million in 2022 representing a change of 143.37%. This suggests that the company is less capable of collecting payments from its customers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	2076300000	206800000	904.01
free cash flow	1974200000	37900000	5108.97
capital expenditure	-102100000	-168900000	39.55
depreciation and amortization	201800000	208700000	-3.31
deferred income tax	0	0	NaN
stock based compensation	0	5500000	-100.00
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	-175400000	100.00
acquisitions net	0	187700000	-100.00
investments in property plant and equipment	-209000000	-168900000	-23.74
net cash used for investing activites	-2153900000	1429400000	-250.69
debt repayment	0	0	NaN
common stock issued	0	8000000	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-1934100000	-1094500000	-76.71
net change in cash	0	-885200000	100.00
cash at end of period	14242800000	15719600000	-9.39
cash at beginning of period	15719600000	16604800000	-5.33

Overall Score of Quarterly Cashflow Statement

0.8 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 0 million in 2024Q2 from -885 million in 2023Q4 representing a change of 100.0%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 2,076 million in 2024Q2 from 207 million in 2023Q4 representing a change of 904.01%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 1,974 million in 2024Q2 from 38 million in 2023Q4 representing a change of 5108.97%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2024Q2 from 6 million in 2023Q4 representing a change of -100.0%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -102 million in 2024Q2 from -169 million in 2023Q4 representing a change of 39.55%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	1.7	2.01	-15.77
net income per share	-0.04	-0.32	88.91
operating cash flow per share	0.35	3.53	-89.99
free cash flow per share	0.29	3.5	-91.61
cash per share	4.18	5.84	-28.32
book value per share	19.18	19.41	-1.17
tangible book value per share	19.12	19.35	-1.18
shareholders equity per share	12.39	12.27	1.00
interest debt per share	7.28	7.23	0.76
market cap	5762468000	6465944000	-10.88
enterprise value	14609568000	15479444000	-5.62
pe ratio	-45.95	-5.72	-703.86
price to sales ratio	0.97	0.91	5.82
pocfratio	4.65	0.52	790.22
pfcf ratio	5.59	0.53	962.18
pb ratio	0.13	0.15	-11.76
ptb ratio	0.13	0.15	-11.76
ev to sales	2.45	2.19	12.06
enterprise value over ebitda	13.73	13.46	2.00
ev to operating cash flow	11.78	1.25	842.76
ev to free cash flow	14.18	1.26	1024.87
earnings yield	-0.02	-0.17	87.56
free cash flow yield	0.18	1.9	-90.59
debt to equity	0.57	0.57	-0.13
debt to assets	0.22	0.22	0.36
net debt to ebitda	8.31	7.84	6.08
current ratio	0	7.76	-100.00
interest coverage	4.67	0.45	938.19
income quality	4.85	-10.96	144.23
dividend yield	0.07	0.07	-0.49
payout ratio	-3.29	-0.41	-699.90
sales general and administrative to revenue	0.31	0.25	25.23
research and ddevelopement to revenue	0	-0.0	100.00
intangibles to total assets	0.0	0.0	0.13
capex to operating cash flow	0.17	0.01	1819.20
capex to revenue	0.04	0.02	128.13
capex to depreciation	0.56	0.35	58.20
stock based compensation to revenue	0.0	0.0	-45.12
graham number	3.15	9.43	-66.53
roic	0.01	0.02	-35.99
return on tangible assets	-0.0	-0.01	88.97
graham net net	-9.03	-4.31	-109.25
working capital	14702000000	19595100000	-24.97
tangible asset value	67192900000	68000800000	-1.19
net current asset value	-31714700000	-22550800000	-40.64
invested capital	19475600000	36180900000	-46.17
average receivables	3477300000	6857850000	-49.29
average payables	1246300000	1861850000	-33.06
average inventory	4155700000	4159350000	-0.09
days sales outstanding	0	358.62	-100.00
days payables outstanding	138.04	99.36	38.92
days of inventory on hand	0	655.43	-100.00
receivables turnover	0	1.02	-100.00
payables turnover	2.64	3.67	-28.02
inventory turnover	0	0.56	-100.00
roe	-0.0	-0.03	89.02
capex per share	0.06	0.03	92.15

• Negative

  ROE: Return on Equity (ROE) increased to -0.00 on 2023-12-31 from -0.03 on 2022-12-31, representing a change of 89.02%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -45.95 on 2023-12-31 from -5.72 on 2022-12-31, representing a change of -703.86%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 0.00 on 2023-12-31 from 7.76 on 2022-12-31, representing a change of -100.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.57 on 2023-12-31 from 0.57 on 2022-12-31, representing a change of -0.13%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
0373.HK
calendar year	2024	2024	NaN
revenue per share	0.89	0	NaN
net income per share	-0.06	0	NaN
operating cash flow per share	0.59	0	NaN
free cash flow per share	0.56	0	NaN
cash per share	3.6	0	NaN
book value per share	19.08	0	NaN
tangible book value per share	19.02	0	NaN
shareholders equity per share	12.33	0	NaN
interest debt per share	2.78	0	NaN
market cap	5165269696.23	0	NaN
enterprise value	2260469696.23	-2904800000	177.82
pe ratio	-6.04	0	NaN
price to sales ratio	1.66	0	NaN
pocfratio	2.49	0	NaN
pfcf ratio	2.62	0	NaN
pb ratio	0.12	0	NaN
ptb ratio	0.12	0	NaN
ev to sales	0.73	0	NaN
enterprise value over ebitda	1.04	0	NaN
ev to operating cash flow	1.09	0	NaN
ev to free cash flow	1.15	0	NaN
earnings yield	-0.04	None	NaN
free cash flow yield	0.38	0	NaN
debt to equity	0.23	0.23	0.00
debt to assets	0.09	0.09	0.00
net debt to ebitda	-1.33	0	NaN
current ratio	0	-3.77	100.00
interest coverage	0	0	NaN
income quality	-9.71	0	NaN
dividend yield	0	None	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.31	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.0	0.0	0.00
capex to operating cash flow	0.05	0	NaN
capex to revenue	0.03	0	NaN
capex to depreciation	0.51	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	4.11	0	NaN
roic	-0.04	None	NaN
return on tangible assets	-0.0	None	NaN
graham net net	-9.46	0	NaN
working capital	12665900000	16021200000	-20.94
tangible asset value	66841000000	66841000000	0.00
net current asset value	-33226600000	-33226600000	0.00
invested capital	16935300000	20290600000	-16.54
average receivables	0	0	NaN
average payables	0	616300000	-100.00
average inventory	0	4266600000	-100.00
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	-0.0	None	NaN
capex per share	0.03	0	NaN

• Negative

  Current Ratio: Current Ratio increased to 0.00 on 2024-06-30 Q2 from -3.77 on 2024-03-31 Q1, representing a change of 100.00%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. However, it's below 1, indicating potential liquidity issues.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.23 on 2024-06-30 Q2 from 0.23 on 2024-03-31 Q1, representing a change of 0.00%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None