Swire Pacific Limited (0019.HK) stock analysis

In our weekly check, Swire Pacific Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 12 pass, warnings: 5, red flags: 8.

About Swire Pacific Limited

Swire Pacific Limited is an Industrials company (Conglomerates) based in Hong Kong, listed on HKSE as 0019.HK.

What our checks show for 0019.HK

Red flags

• Net debt is 4.7x a year of EBITDA (debt/equity 0.36). That limits room in a downturn and raises refinancing risk.
• Operating profit does not cover the interest bill (0.2x): interest is paid from cash or new debt.
• The net margin fell by 2.4 points over 5 years, to 3.2%: the company keeps less of each sale as profit.
• Revenue fell 0.3% a year over the last 3 years.
• The net margin is only 3.2%: little room if costs rise.
• The dividend takes 1229% of profit: little cushion if profit falls.
• The stock has fallen as much as 74% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 2.1%.

Warning signs

• The gross margin fell by 1.6 points, to 37.3%: costs are rising faster than prices.
• Analysts expect only about 4.9% a year of growth in revenue.
• Earnings per share fell 4.7% a year over the last 3 years.
• Net profit fell 11.2% a year over the last 3 years.
• The stock is still below its previous peak.

Strengths

• Operating cash flow is 4.95x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 69.8% a year over the next years.
• Analysts expect the net margin to improve by 10.2 points from today's 3.2%.
• A large company: market value $17.91 billion.
• Beta 0.47: the stock usually moves less than the market.
• The share count fell by 6.1% in 2 years: the company buys back its own shares.

Similar companies

LIFCO-B.ST · MMM · BVT.JO · 0001.HK · HON · 0267.HK

Questions

What grade does Swire Pacific Limited (0019.HK) have?

In our weekly check, Swire Pacific Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 12 pass, warnings: 5, red flags: 8. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 0019.HK stock?

This week's biggest flags for Swire Pacific Limited: High debt, Weak interest cover, Margins falling. In total 13 of 25 checks show a warning or a red flag.

What does Swire Pacific Limited do?

Swire Pacific Limited is an Industrials company (Conglomerates) based in Hong Kong, listed on HKSE as 0019.HK.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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