ENM Holdings (0128) AI Stock Analysis

• Market Cap: HK$503.45M
• Dividend Yield: N/A
• Average Volume (3M): 760.20K
• Price to Earnings (P/E): 31.4
• Beta (1Y): 0.47
• Revenue Growth: -52.88%
• EPS Growth: N/A
• Country: HK
• Employees: 39
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Retail
• EPS (TTM): <0.01
• Shares Outstanding: 1,650,658,700
• 10 Day Avg. Volume: 374,400
• 30 Day Avg. Volume: 760,200
• PEG Ratio: 0.60
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 5.74
• P/FCF Ratio: 3.01
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: HK$0.50 ▲(66.67% Upside)

ENM Holdings' overall stock score is primarily influenced by its financial stability due to a strong balance sheet, despite significant profitability and cash flow challenges. Technical analysis indicates bullish momentum, but overbought signals suggest caution. Valuation concerns due to negative earnings and lack of dividends further impact the score.

ENM Holdings Business Overview & Revenue Model

Company Description

ENM Holdings Limited, an investment holding company, engages in the retail of fashion wear and accessories. It operates through three segments: Retail of Fashion Wear and Accessories; Resort and Recreational Club Operations; and Investments. The company operates a chain of multi-label stores, as well as mono-brand boutiques under The Swank brand in Hong Kong and China; and Hilltop Country Club that provides conferences, dining, lodging, recreational, and outdoor activities for its members in Hong Kong, as well as offers menswear fashion products under the Cesare di Pino brand name. It also holds and trades in investments for short term and long term investment returns. The company was formerly known as e-New Media Company Limited and changed its name to ENM Holdings Limited in June 2005. ENM Holdings Limited was incorporated in 1966 and is based in Tsuen Wan, Hong Kong.

How the Company Makes Money

ENM Holdings generates revenue through multiple streams, primarily from its film and television production activities, including ticket sales, licensing deals, and advertising revenue. The company monetizes its content through various distribution channels, such as cinemas, television networks, and online streaming platforms. Additionally, ENM Holdings earns revenue from talent management by representing artists and securing contracts for performances and endorsements. Strategic partnerships with other media companies and digital platforms also enhance its revenue potential, allowing for broader distribution and increased audience reach.

ENM Holdings Financial Statement Overview

Summary

ENM Holdings shows strong financial stability with a high equity ratio and minimal leverage. However, persistent net losses, negative net profit margin, and cash flow challenges highlight significant operational inefficiencies and liquidity concerns.

Income Statement

Over the years, ENM Holdings has experienced volatility in its revenue and profitability. Gross Profit Margin for 2024 is approximately 67.0%, indicating strong profitability from core operations, but the Net Profit Margin is negative due to consistent net losses. Revenue growth has been inconsistent, with a significant decline from 2023 to 2024 (-38.1%). Despite occasional improvements, EBIT and EBITDA margins remain negative, highlighting operational challenges.

Balance Sheet

The balance sheet shows a strong equity position with a high Equity Ratio of 98.7% in 2024, indicating robust financial stability. The Debt-to-Equity ratio is very low at 0.003, reflecting minimal leverage, which reduces financial risk. However, the Return on Equity is negative due to net losses, which is a concern for long-term profitability.

Cash Flow

ENM Holdings shows challenges in its cash flow management. Operating Cash Flows have been negative for several years, indicating potential liquidity issues. Free Cash Flow has also been negative, with no Free Cash Flow growth, suggesting difficulties in generating cash from operations to fund capital expenditures or returns to shareholders.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	48.82M	74.76M	120.84M	94.39M	109.50M	104.98M
Gross Profit	41.00M	50.09M	68.78M	37.48M	46.14M	35.94M
EBITDA	-3.33M	-9.63M	-5.86M	-134.01M	3.14M	45.00M
Net Income	16.00M	-7.90M	-19.75M	-150.66M	-21.28M	11.88M
Balance Sheet
Total Assets	1.05B	1.04B	1.10B	1.19B	1.26B	1.23B
Cash, Cash Equivalents and Short-Term Investments	615.03M	581.83M	585.13M	583.42M	715.94M	744.09M
Total Debt	1.72M	3.16M	13.47M	24.36M	27.90M	34.63M
Total Liabilities	27.66M	13.81M	36.73M	43.90M	47.86M	57.94M
Stockholders Equity	1.02B	1.02B	1.07B	1.14B	1.21B	1.17B
Cash Flow
Free Cash Flow	14.41M	142.75M	-2.56M	-25.57M	-18.68M	-21.93M
Operating Cash Flow	-6.14M	149.03M	-1.78M	-25.09M	-17.34M	-7.06M
Investing Cash Flow	-50.84M	-60.24M	6.67M	-26.74M	6.43M	-33.16M
Financing Cash Flow	-7.83M	-15.20M	-12.55M	-17.73M	-20.52M	-19.75M

ENM Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0128, the sentiment is Positive. The current price of 0.3 is above the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.30, and above the 200-day MA of 0.27, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.84 is Neutral, neither overbought nor oversold. The STOCH value of 86.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0128.

ENM Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0375	55 Neutral	HK$154.25M	-6.86	-5.35%	10.75%	-23.76%	-9785.71%
1817	54 Neutral	HK$304.00M	8.42	4.51%	―	-7.95%	98.95%
0128	53 Neutral	HK$503.45M	31.44	1.57%	―	-52.88%	―
2528	49 Neutral	HK$134.00M	-6.64	-10.66%	―	-5.89%	71.06%
1657	44 Neutral	HK$523.20M	-86.60	-7.01%	―	25.11%	64.76%
0330	37 Underperform	HK$317.05M	-0.20	―	―	―	―

ENM Holdings Corporate Events

ENM Holdings Reports Profit Turnaround and Plans to Discontinue Fashion Retail Business

ENM Holdings Limited has announced a positive profit alert, projecting a profit of approximately HK$21.0 million for the nine months ending September 2025, marking a significant turnaround from the previous year’s loss. This improvement is attributed to a small profit from its fashion retail business, cessation of its loss-making resort and recreational club business, and gains from its investment portfolio. However, the company has decided to discontinue its fashion retail business by the end of November 2025 due to ongoing challenges and a lack of sustainable profitability, which is not expected to significantly impact the group’s financial results for the year.

The most recent analyst rating on (HK:0128) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on ENM Holdings stock, see the HK:0128 Stock Forecast page.

ENM Holdings Reports Turnaround with HK$9.7 Million Profit in H1 2025

ENM Holdings Limited announced its unaudited interim results for the six months ending June 30, 2025, reporting a profit of HK$9.7 million from continuing operations, a significant improvement from a loss of HK$8.1 million in the same period in 2024. The company’s revenue decreased to HK$17.7 million from HK$43.6 million, but this was offset by reduced costs and increased other operating gains, indicating a positive shift in operational efficiency and financial performance.

The most recent analyst rating on (HK:0128) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on ENM Holdings stock, see the HK:0128 Stock Forecast page.

ENM Holdings Limited Establishes Remuneration Committee Guidelines

ENM Holdings Limited has outlined the terms of reference for its Remuneration Committee, which is tasked with formulating and implementing remuneration policies for the company’s directors and senior management. The committee, consisting mainly of Independent Non-Executive Directors, is authorized to obtain independent professional advice and is responsible for ensuring fair and transparent remuneration practices, aligning with the company’s corporate goals. This move is expected to enhance governance and transparency in the company’s remuneration policies, potentially impacting stakeholder trust and company operations positively.

The most recent analyst rating on (HK:0128) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on ENM Holdings stock, see the HK:0128 Stock Forecast page.

ENM Holdings Schedules Board Meeting for Interim Results Approval

ENM Holdings Limited has announced that its board of directors will meet on August 26, 2025, to approve the interim results for the first half of the year ending June 30, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction for the remainder of the year.