Summit Ascent Holdings Limited

Summit Ascent Holdings Limited

0102.HK
Summit Ascent Holdings LimitedHK flagHong Kong Stock Exchange
0.05
HKD
- -
- -
211.94MMarket Cap
Summit Ascent Holdings Limited
0102.HK
(Hong Kong Stock Exchange)

Recent

price

0.05

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
FRC
0.1
0.08
0.06
0.01
0.01
0.02
- -
0.22
0.32
0.31
0.3
0.08
0.06
0.08
0.08
- -
Revenue per Share
- -
0.01
- -
-0.01
-0.06
-0.06
-0.06
- -
0.01
0.01
0.05
- -
-0.05
- -
-0.16
- -
Basic EPS, GAAP
0.03
0.01
- -
- -
-0.01
-0.01
-0.01
0.04
0.09
0.11
0.08
-0.02
- -
0.01
0.02
- -
Free Cash Flow per Basic Share
0.01
0.01
0.18
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.03
0.2
0.03
0.02
-0.04
-0.09
-0.14
-0.14
-0.13
-0.12
0.01
0.09
- -
0.01
-0.16
- -
Book Value per Share
0.21
0.21
0.03
0.03
0.5
0.7
0.57
1.09
1.08
1.09
1.13
1.47
0.77
0.77
0.58
- -
Tangible Book Value per Share
1,064
1,093
1,122
1,123
1,229
1,429
1,475
1,486
1,486
1,488
1,803
2,550
4,509
4,509
4,509
- -
Basic Weighted Avg Shares
107
89
72
10
8
22
- -
323
471
463
533
211
266
372
369
415
Sales/Revenue/Turnover
0.95
1.6
4.59
-61.03
-1,012.68
-478.86
- -
2.32
6.94
6.48
23.05
-46.36
-18.58
5.91
10.2
27.13
Operating Margin (%)
6
- -
- -
- -
- -
- -
- -
87
134
116
99
82
80
77
78
56
Depreciation Expense
1
11
2
-6
-80
-79
-85
1
14
8
82
10
-230
12
-740
229
Net Income, GAAP
- -
- -
30.49
- -
- -
- -
- -
- -
- -
2.59
0.1
- -
- -
- -
- -
1.61
Effective Tax Rate (%)
1.11
12.74
2.73
-61.03
-1,005.18
-359.73
- -
0.17
2.93
1.64
15.39
4.74
-86.62
3.18
-200.46
55.3
Profit Margin (%)
123
225
33
29
359
110
129
290
382
452
639
1,548
1,626
902
172
287
Working Capital
- -
- -
- -
- -
- -
- -
- -
287
282
258
5
160
169
165
38
10
LT Debt
219
225
33
29
617
1,002
838
1,631
1,608
1,627
2,036
3,737
3,463
3,494
2,622
2,858
Total Equity
0.45
0.64
1.78
- -
- -
- -
- -
- -
- -
1.54
5.88
- -
- -
- -
- -
3.97
Return on Invested Capital (%)
1.43
8.88
1.58
- -
- -
- -
- -
- -
- -
10
16.36
- -
- -
- -
- -
-58.86
Return on Capital (%)
1.42
8.88
1.58
-22.23
- -
- -
- -
- -
- -
- -
- -
8.33
-190.49
57.46
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.43%
12.22%
9%
Free Cash Flow
160.79%
388.79%
64.75%
Net Income, GAAP
-586.07%
-1,813.13%
-130.98%
Sales/Revenue/Turnover
- -
3.4%
12.29%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
372
2023
- -
- -
- -
- -
369
2024
- -
- -
- -
- -
415

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
-0.16
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
Business
Summit Ascent Holdings Limited, an investment holding company incorporated in 1993 and headquartered in Central, Hong Kong, principally engages in the development and operation of integrated resorts featuring gaming and hotel facilities; it primarily operates Tigre de Cristal, a resort in the Integrated Entertainment Zone of Primorye Region, Russian Far East, offering rolling chip gaming, mass table gaming, slot machines, hotel accommodations, restaurants, casual bars, a virtual golf zone, a private club, and a branded retail shop; the company also pursues the Westside City Project, a planned integrated resort in Entertainment City, Manila, Philippines, encompassing a five-star hotel, casino, mall, and theater complex. A subsidiary of Victor Sky Holdings Limited and indirectly controlled by LET Group Holdings Limited, Summit Ascent targets mass-market and VIP gaming customers, predominantly from the Russian domestic market at its operational property, with geographic focus on Russia and expansion into the Philippines. In recent developments, the company reported total revenue of HK$414.5 million and positive adjusted EBITDA of HK$162.5 million for 2024, alongside a profit attributable to owners of HK$229.2 million, marking a turnaround from prior losses; it faced delisting from the Hong Kong Stock Exchange effective September 1, 2025, following a trading suspension since early 2024 due to compliance failures and governance issues stemming from an attempted unauthorized sale of its Tigre de Cristal operations to a Russian entity; additionally, related entities advanced the Westside City Project with a US$450 million capital injection in 2025 targeting a third-quarter 2026 opening.