Haitian International Details Asset-Based Valuation for Disposal of Loss-Making Guohua Machinery

Haitian International Holdings ( (HK:1882) ) just unveiled an announcement.

Haitian International Holdings has issued a supplemental announcement detailing the valuation basis for its planned disposal of the entire equity interest in Guohua Machinery, a loss-making subsidiary that has yet to commence actual production and primarily derives income from leasing factory facilities to related parties. The independent valuer selected an asset-based approach to determine the equity value after concluding that neither the market approach nor the income approach was appropriate due to the absence of comparable listed peers, lack of relevant transaction data, persistent losses, and uncertainty over Guohua Machinery’s future business plan, and conducted the valuation under a series of assumptions about going-concern status and stable macroeconomic and operating conditions, offering investors more transparency on how the disposal price has been derived and the risk profile of the asset being sold.

The most recent analyst rating on (HK:1882) stock is a Buy with a HK$26.70 price target. To see the full list of analyst forecasts on Haitian International Holdings stock, see the HK:1882 Stock Forecast page.

More about Haitian International Holdings

Haitian International Holdings Limited is a Hong Kong-listed company (Stock Code: 1882) incorporated in the Cayman Islands, engaged in the machinery sector through subsidiaries such as Guohua Machinery, which owns factory buildings and supporting assets that are currently leased out rather than used for active production.

Average Trading Volume: 1,919,439

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$37.51B

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