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China New Economy Fund Ltd.
(0080)
China New Economy Fund Ltd. (0080) vs. iShares MSCI Hong Kong ETF (EWH)
China New Economy Fund Ltd. Business Overview & Revenue Model
China New Economy Fund Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -2.79M | -2.84M | -59.02M | -8.81M | -35.87M | -30.01M |
| Gross Profit | -3.49M | -6.03M | 126.34K | -9.79M | -36.77M | -30.73M |
| EBITDA | -20.40M | -27.58M | -50.79M | -52.43M | -4.57M | -30.88M |
| Net Income | -20.60M | -28.98M | -52.44M | -52.75M | -4.98M | -31.11M |
Balance Sheet | ||||||
| Total Assets | 60.14M | 65.12M | 95.24M | 149.41M | 115.83M | 77.61M |
| Cash, Cash Equivalents and Short-Term Investments | 51.37M | 55.97M | 83.65M | 144.27M | 111.63M | 72.55M |
| Total Debt | 0.00 | 197.90K | 1.46M | 536.98K | 924.56K | 77.11K |
| Total Liabilities | 3.63M | 4.26M | 5.41M | 7.13M | 2.09M | 6.50M |
| Stockholders Equity | 56.51M | 60.86M | 89.84M | 142.27M | 113.74M | 71.11M |
Cash Flow | ||||||
| Free Cash Flow | -7.22M | -2.88M | -9.90M | -9.22M | -13.32M | -14.44M |
| Operating Cash Flow | -7.22M | -2.88M | -9.90M | -9.22M | -13.32M | -14.44M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -858.88K | -1.42M | -619.47K | 80.90M | 44.44M | 39.98M |
China New Economy Fund Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | HK$54.68M | 2.02 | 12.37% | ― | 43.59% | 104.35% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
57 Neutral | HK$192.02M | 1.53 | 3.60% | ― | 38.96% | 700.00% | |
47 Neutral | HK$330.08M | 0.58 | 65.61% | ― | 35.11% | ― | |
46 Neutral | HK$729.74M | -5.46 | -35.10% | ― | ― | ― | |
45 Neutral | HK$349.67M | 130.39 | 9.63% | ― | 99.09% | ― |
China New Economy Fund Ltd. Corporate Events
CAI Corp reported a consolidated loss attributable to equity holders of HK$31.7 million for the year ended 31 December 2025, widening slightly from the HK$29.0 million loss a year earlier as revenue fell sharply to HK$22,788 and negative fair value changes in financial assets deepened. Basic and diluted loss per share remained unchanged at HK$0.021, highlighting continued pressure on the firm’s investment portfolio performance and signaling persistent challenges to improving profitability for shareholders.
The group’s operating loss expanded to HK$31.6 million amid higher other operating expenses and modestly lower finance costs, underscoring the impact of volatile market conditions on its fair value-driven business model. With no income tax expense recorded for the year, the results suggest that CAI Corp’s capacity to generate taxable profits remains constrained, which may weigh on investor sentiment as the company navigates a difficult environment for its financial asset holdings.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.31 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp reported that its unaudited net asset value per share stood at approximately HK$0.15 as of 28 February 2026, providing investors with an updated snapshot of the company’s underlying asset base. The disclosure, approved by chairman Cai Wensheng and a board comprising executive, non-executive and independent non-executive directors, offers transparency on the firm’s financial standing and may inform market perceptions of its share price relative to intrinsic value.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.31 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp has scheduled a board meeting for 16 March 2026 in Hong Kong to review and approve the consolidated annual results for the financial year ended 31 December 2025. The meeting will also address other unspecified business matters, signaling that investors and stakeholders may soon receive a detailed update on the company’s recent financial performance and any related corporate decisions.
The board composition, including executive, non-executive and independent non-executive directors, underscores the company’s adherence to corporate governance norms expected of a Hong Kong–listed issuer. Confirmation of the results timetable provides clarity on disclosure timing, which is relevant for shareholders tracking the company’s earnings cycle and potential implications for valuation and corporate actions.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.31 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp has completed previously announced discloseable and connected transactions, finalizing two equity transfer agreements on 16 February 2026. Following the deals, the company now holds about 9.09% of Forestheaven and 3.15% of EXIO, but the targets remain non-subsidiaries whose financials will not be consolidated into the group accounts.
The transactions have also reshaped CAI Corp’s ownership structure, increasing Longling Capital’s stake from 52.38% to 56.72%, while the free float held by public shareholders has fallen from 47.62% to 43.28%. This shift further strengthens the control of Mr. Cai’s vehicle over the company, potentially affecting governance dynamics and the influence of minority investors.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.31 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp has reported an unaudited net asset value per share of approximately HK$0.14 as at 31 January 2026, providing investors with an updated snapshot of the company’s underlying asset base. The disclosure, issued by chairman Cai Wensheng, offers limited operational detail but serves as a key valuation reference point for shareholders and the market, signalling the current level at which its investments are collectively being marked.
The announcement also reaffirms the current composition of CAI Corp’s board, listing its executive, non-executive and independent non-executive directors. This confirms continuity in the company’s governance structure, which remains central to overseeing investment decisions and safeguarding shareholder interests amid changing market conditions.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.31 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp shareholders approved all resolutions at an extraordinary general meeting held on 10 February 2026 in Hong Kong, including two equity transfer agreements and the adoption of a new 2026 share scheme. The equity transfer agreements received unanimous support from independent shareholders, while the new share scheme and its mandate limit passed with near-unanimous backing, reinforcing the company’s ability to execute planned acquisitions and incentivise management through equity-based rewards.
Independent shareholders voted on the first two resolutions after major shareholder Longling Capital and chairman Cai Wensheng abstained due to interests in the related transactions, with Union Registrars Limited acting as scrutineer. The strong approval levels signal broad investor support for CAI Corp’s acquisition strategy and its updated share-based compensation framework, potentially strengthening governance alignment and providing greater flexibility for future corporate actions.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.31 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp has announced the current composition of its board of directors, naming Hong Yupeng and Lui Cheuk Hang Henri as executive directors, Cai Wensheng as non-executive chairman, and Li Jin, Hsieh Yafang and Li Jianbin as independent non-executive directors. The company also detailed the memberships and leadership of its three core board committees, with Li Jin, Hsieh Yafang and Li Jianbin sharing roles across the audit, remuneration and nomination committees, a structure that underscores the firm’s emphasis on independent oversight and formalized governance, which is significant for shareholders monitoring board accountability and regulatory compliance in the Hong Kong market.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.32 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp has announced that executive director Chan Cheong Yee will step down from the board with effect from 1 February 2026 to focus on other career opportunities. The company emphasized that Chan has no claims against CAI Corp and no disagreements with the board, and that there are no issues requiring shareholder attention, suggesting the move is a routine leadership change rather than a sign of corporate dispute, while the remaining board composition is expected to provide continuity in governance.
The most recent analyst rating on (HK:0080) stock is a Sell with a HK$0.31 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp has called an extraordinary general meeting for 10 February 2026 in Hong Kong to seek shareholder approval for two equity transfer agreements entered into with Longling Capital in December 2025. Under these agreements, the company proposes to acquire two tranches of sale shares from Longling Capital for total consideration exceeding HK$71 million, to be settled in part by issuing up to 145,166,666 new shares at not less than HK$0.36 per share under a specific mandate, subject to listing approval. The resolutions, if passed, will authorise directors to proceed with the transactions and related share issuances, providing the company with an acquisition-driven expansion while potentially diluting existing shareholders but strengthening its investment portfolio and capital structure.
The most recent analyst rating on (HK:0080) stock is a Sell with a HK$0.34 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp has announced that its unaudited net asset value per share stood at approximately HK$0.14 as at 31 December 2025, providing investors with an updated snapshot of the company’s balance-sheet strength. The disclosure of the latest NAV per share offers shareholders and potential investors a key valuation metric for assessing the company’s performance and market positioning, which may influence trading sentiment and investment decisions around the stock.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.33 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp has announced a delay in sending to shareholders a circular related to its previously disclosed plans to acquire equity interests in two target companies through discloseable and connected transactions that will be settled partly via the issue of consideration shares under a specific mandate, alongside the proposed adoption of a 2025 share scheme. The circular, which will contain full details of the acquisition agreements, valuation reports, the new share scheme and independent advice to minority investors ahead of an extraordinary general meeting, will now be dispatched on or before 30 January 2026 to allow more time to finalize information, slightly extending the timetable for shareholder approval and execution of the deals and incentive plan.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.37 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp has announced that its chief financial officer, Mr. Tai Man Hin Tony, will resign with his last day of employment on 31 December 2025 to pursue other career opportunities. The company stated that Mr. Tai has no disagreements with the board and is unaware of any issues related to his departure that need to be brought to shareholders’ attention, and the board expressed gratitude for his contributions, framing the transition as orderly and not indicative of governance or operational disputes.
China New Economy Fund Ltd. has announced discloseable and connected transactions involving the acquisition of equity interests in two companies, Forestheaven and EXIO, totaling 12.24% combined equity interest. The acquisitions will be financed through the issuance of consideration shares under a specific mandate. Additionally, the company proposes the adoption of a new 2025 Share Scheme, replacing the expired 2015 Share Option Scheme. These moves are expected to bolster the company’s investment portfolio, enhance shareholder value, and potentially create growth opportunities in its target industries.