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Grand Ocean Advanced Resources Co., Ltd.
(0065)
Grand Ocean Advanced Resources Co., Ltd. (0065) vs. iShares MSCI Hong Kong ETF (EWH)
Grand Ocean Advanced Resources Co., Ltd. Business Overview & Revenue Model
Grand Ocean Advanced Resources Co., Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 194.82M | 180.93M | 187.96M | 191.18M | 183.02M | 133.01M |
| Gross Profit | 71.90M | 67.47M | 65.21M | 81.17M | 73.86M | 48.34M |
| EBITDA | 6.97M | -47.92M | -11.47M | 20.26M | 10.45M | -50.44M |
| Net Income | -14.78M | -50.77M | -23.73M | 10.24M | 14.37M | -42.51M |
Balance Sheet | ||||||
| Total Assets | 355.55M | 284.67M | 307.23M | 305.35M | 260.00M | 263.30M |
| Cash, Cash Equivalents and Short-Term Investments | 121.65M | 73.41M | 95.36M | 122.45M | 91.34M | 98.27M |
| Total Debt | 0.00 | 1.79M | 86.00K | 39.67M | 596.00K | 0.00 |
| Total Liabilities | 109.57M | 96.42M | 109.74M | 111.94M | 81.22M | 78.62M |
| Stockholders Equity | 186.47M | 144.16M | 138.60M | 123.13M | 119.13M | 105.50M |
Cash Flow | ||||||
| Free Cash Flow | 54.19M | -12.35M | -18.47M | -4.05M | 14.67M | -34.95M |
| Operating Cash Flow | 78.98M | -620.00K | 6.33M | 16.54M | 18.03M | -15.12M |
| Investing Cash Flow | -75.85M | -77.80M | -26.53M | -20.38M | -24.73M | -18.67M |
| Financing Cash Flow | 58.50M | 58.67M | -945.00K | 38.97M | -1.03M | -2.88M |
Grand Ocean Advanced Resources Co., Ltd. Technical Analysis
Grand Ocean Advanced Resources Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | HK$172.21M | 2.37 | 30.00% | ― | 181.77% | 85.52% | |
55 Neutral | HK$61.58M | -3.35 | ― | ― | -95.30% | -85.49% | |
46 Neutral | HK$126.04M | -0.09 | 33.77% | ― | -9.83% | -182.04% | |
45 Neutral | HK$80.82M | ― | -31.67% | ― | -20.97% | -213.53% | |
41 Neutral | HK$160.14M | -0.23 | 29.58% | ― | -42.18% | -3.23% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
Grand Ocean Advanced Resources Co., Ltd. Corporate Events
Grand Ocean Advanced Resources Co., Ltd. has announced a board meeting scheduled for August 29, 2025. The meeting will focus on approving the company’s unaudited interim results for the first half of 2025 and discussing the potential recommendation of an interim dividend. This announcement indicates a routine financial update, which may impact stakeholders depending on the financial outcomes and any dividend decisions made.
Grand Ocean Advanced Resources Co., Ltd. has announced its upcoming annual general meeting scheduled for August 22, 2025, in Hong Kong. The meeting will cover several key resolutions, including the adoption of financial statements, re-election of directors, and re-appointment of auditors. Additionally, the company seeks approval to allot and issue additional shares, potentially impacting its capital structure and market activities. This meeting is significant for stakeholders as it addresses governance and strategic decisions that could influence the company’s future operations and shareholder value.
Grand Ocean Advanced Resources Co., Ltd. reported its annual financial results for the year ending December 31, 2024, showing a slight decrease in revenue by 3.7% to approximately HK$180,934,000 compared to the previous year. Despite this, the company achieved an increase in gross profit by 3.5% to approximately HK$67,469,000, with a gross profit margin improvement to 37.3%. However, the company faced a significant increase in losses, with a total loss of approximately HK$63,783,000, up from HK$33,610,000 the previous year, and losses attributable to owners amounting to approximately HK$50,768,000. The board has decided not to recommend any final dividend for the year.
Grand Ocean Advanced Resources Co., Ltd. has announced the adoption of the terms of reference for its Nomination Committee, which is composed of at least three members, with a majority being independent non-executive directors. The committee will ensure compliance with the Listing Rules of the Hong Kong Stock Exchange and will include at least one member of a different gender. This move is likely to enhance the company’s governance and inclusivity, potentially impacting its industry positioning positively.
Grand Ocean Advanced Resources Co., Ltd. has announced a board meeting scheduled for June 30, 2025, to consider and approve the audited annual results for the year ending December 31, 2024. The company has been experiencing a delay in the publication of these results, which has led to a continued suspension of trading in its shares on the Hong Kong Stock Exchange since April 1, 2025. This suspension will remain in effect until the results are published, impacting stakeholders and requiring caution from shareholders and potential investors.
Grand Ocean Advanced Resources Co., Ltd., a company incorporated in the Cayman Islands, has announced a further delay in the publication of its 2024 audited annual results and the dispatch of its annual report due to miscommunications with local management and business partners in Laos. This delay has led to the postponement of the company’s board meeting and annual general meeting, as well as the continued suspension of trading in its shares on the Hong Kong Stock Exchange. The company is working closely with its auditor to resolve outstanding issues and aims to finalize and publish the results by June 30, 2025.