ENM Holdings Limited (HK:0128)
:0128
Top Page
ENM Holdings
(0128)
Select Model
Select Model
Rating:53Neutral
Price Target:
HK$0.38
▼(-3.59% Downside)
Action:ReiteratedDate:01/10/26
The score is held back primarily by weak profitability and consistently negative operating/free cash flow, despite a very strong, low-debt balance sheet. Technicals are supportive due to a strong uptrend, but extreme overbought readings add short-term risk. Valuation is also a headwind given the high P/E and no dividend yield data.
Positive Factors
Very strong balance sheet, minimal leverage
Extremely low leverage and a very high equity ratio provide durable financial flexibility. Over the next several months this reduces refinancing/default risk, supports continued content investments or strategic M&A, and gives runway while operations and cash flow are being stabilised.
Negative Factors
Persistent negative operating and free cash flow
Sustained negative operating and free cash flow is a structural concern: it limits the company's ability to self-fund content production, marketing and working capital. Even with low leverage, ongoing cash burn increases reliance on external financing or asset sales, pressuring long-term execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Very strong balance sheet, minimal leverage
Extremely low leverage and a very high equity ratio provide durable financial flexibility. Over the next several months this reduces refinancing/default risk, supports continued content investments or strategic M&A, and gives runway while operations and cash flow are being stabilised.
Read all positive factors
ENM Holdings (0128) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$693.28M
Dividend YieldN/A
Average Volume (3M)760.20K
Price to Earnings (P/E)10.9
Beta (1Y)0.39
Revenue Growth-52.88%
EPS GrowthN/A
CountryHK
Employees39
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Retail
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,650,658,700
10 Day Avg. Volume374,400
30 Day Avg. Volume760,200
Financial Highlights & Ratios
PEG Ratio0.60
Price to Book (P/B)0.42
Price to Sales (P/S)5.74
P/FCF Ratio3.01
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 c...
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...
ENM Holdings Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
75
Positive
Cash Flow
40
Negative
| 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
Positive
0.39
Price Trends
0.41
Positive
0.37
Positive
0.32
Positive
Market Momentum
>-0.01
Positive
49.37
Neutral
48.81
Neutral
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 0.39 is below the 20-day moving average (MA) of 0.43, below the 50-day MA of 0.41, and above the 200-day MA of 0.32, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.37 is Neutral, neither overbought nor oversold. The STOCH value of 48.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0128.
ENM Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
55 Neutral | HK$157.57M | -61.60 | -5.53% | 10.75% | -23.76% | -9785.71% | |
54 Neutral | HK$266.00M | 8.11 | 4.46% | ― | -7.95% | 98.95% | |
53 Neutral | HK$693.28M | 10.94 | 1.56% | ― | -52.88% | ― | |
49 Neutral | HK$512.00M | -22.08 | -3.49% | ― | 25.11% | 64.76% | |
49 Neutral | HK$160.00M | 2.75 | -11.64% | ― | -5.89% | 71.06% | |
43 Neutral | HK$229.30M | 3.33 | ― | ― | ― | ― |
* Consumer Cyclical Sector Average
HK:0128
ENM Holdings
0.42
0.17
69.35%
HK:0330
Esprit Holdings
0.81
-0.17
-17.26%
HK:1657
SG Group Holdings Ltd
16.00
7.30
83.91%
HK:1817
Mulsanne Group Holding Limited
0.28
-0.15
-34.88%
HK:2528
Forward Fashion (International) Holdings Company Limited
0.40
0.18
81.82%
HK:0375
YGM Trading Limited
0.95
0.27
39.71%
ENM Holdings Corporate Events
ENM Holdings Sets Comprehensive Audit Committee Mandate
Feb 4, 2026
ENM Holdings operates diversified businesses spanning apparel, retail, telecom, property investment, and securities, serving consumer and corporate clients primarily in Hong Kong. The company formalized detailed terms for its Audit Committee cover...
ENM Holdings Warns Solo Development of Hilltop Land ‘Challenging’, Weighs Disposal Option
Dec 22, 2025
ENM Holdings has updated investors on its strategic review of the Hilltop land, disclosing that its financial adviser has concluded it would be difficult for the company to successfully develop the site on its own given its current financial resou...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.