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PT International Development Corporation Limited
(Berlin:0372)
PT International Development Corporation Limited (0372) vs. iShares MSCI Hong Kong ETF (EWH)
PT International Development Corporation Limited Business Overview & Revenue Model
PT International Development Corporation Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 178.30M | 140.67M | 151.96M | 452.53M | 884.49M | 1.47B |
| Gross Profit | -16.82M | -28.95M | -83.22M | -281.31M | 46.18M | 32.76M |
| EBITDA | -755.61M | -178.62M | 351.00K | -249.93M | -104.61M | 12.30M |
| Net Income | 2.99B | -175.97M | -21.34M | -201.96M | -158.42M | 167.06M |
Balance Sheet | ||||||
| Total Assets | 842.65M | 654.72M | 911.26M | 1.03B | 1.60B | 789.04M |
| Cash, Cash Equivalents and Short-Term Investments | 51.95M | 147.88M | 83.18M | 78.35M | 119.97M | 241.22M |
| Total Debt | 503.68M | 480.56M | 520.92M | 574.18M | 621.23M | 6.85M |
| Total Liabilities | 599.00M | 573.74M | 634.18M | 711.14M | 884.01M | 73.89M |
| Stockholders Equity | 312.54M | 173.21M | 344.13M | 334.45M | 558.81M | 709.55M |
Cash Flow | ||||||
| Free Cash Flow | -67.67M | -24.65M | -94.04M | -56.97M | -105.23M | -31.37M |
| Operating Cash Flow | -58.78M | -14.04M | -86.59M | -50.53M | -36.98M | -29.22M |
| Investing Cash Flow | 3.34M | -8.70M | 56.92M | 47.40M | -78.48M | 197.01M |
| Financing Cash Flow | -4.15M | -22.53M | 26.69M | -37.19M | -13.44M | -7.69M |
PT International Development Corporation Limited Technical Analysis
PT International Development Corporation Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
45 Neutral | HK$50.52M | 48.40 | -6.54% | ― | ― | ― | |
44 Neutral | HK$65.05M | -6.67 | -41.22% | ― | -30.21% | -305.00% | |
41 Neutral | HK$48.69M | -5.56 | -37.19% | ― | 8.53% | 86.05% | |
39 Underperform | €49.95M | ― | ― | ― | 0.26% | -1296.09% | |
38 Underperform | HK$63.92M | -1.32 | ― | ― | 2126.94% | 36.49% | |
33 Underperform | HK$77.49M | -0.93 | ― | ― | -81.40% | -435.00% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
PT International Development Corporation Limited Corporate Events
PT International Development Corporation Limited has announced the re-designation of Ms. Wong Man Ming, Melinda from an executive director to a non-executive director, effective July 26, 2025. This change is part of the company’s strategic management adjustments, potentially impacting its corporate governance and operational oversight. Ms. Wong, with over 20 years of experience in accounting and corporate finance, will continue to contribute to the company with her expertise, albeit in a different capacity.
PT International Development Corporation Limited has announced changes to its Board of Directors, effective from July 26, 2025. The new board structure includes a mix of executive, non-executive, and independent non-executive directors, with specific roles assigned across four key committees. This reorganization is likely to impact the company’s governance and strategic direction, potentially influencing its market positioning and stakeholder relations.
PT International Development Corporation Limited has announced its upcoming Annual General Meeting (AGM) scheduled for August 12, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of audited financial statements, re-election of directors, and re-appointment of auditors. Additionally, the company seeks approval to authorize its directors to allot and issue additional shares, with certain limitations, reflecting a strategic move to potentially enhance its capital structure and shareholder value.
PT International Development Corporation Limited has announced a change in the composition of its Nomination Committee, appointing Ms. Wong Man Ming, Melinda as a new member. This change aligns with recent amendments to the Listing Rules and the Corporate Governance Code, effective from July 1, 2025, and aims to enhance the committee’s effectiveness and diversity, thereby improving the company’s corporate governance practices.
PT International Development Corporation Limited has announced the updated list of its Board of Directors and their roles, effective from July 2, 2025. The announcement details the composition of the Board, including executive and independent non-executive directors, and outlines the membership of the Board’s four committees. This update is crucial for stakeholders as it reflects the company’s leadership structure and governance, which can impact its strategic direction and operational decisions.
PT International Development Corporation Limited announced its audited consolidated results for the fiscal year ending March 31, 2025. The company reported a significant loss of HK$209,094,000, compared to a loss of HK$89,250,000 in the previous year. The loss from continuing operations was HK$224,342,000, while the discontinued operation showed a profit of HK$15,248,000. The total comprehensive expenses for the year amounted to HK$203,965,000, with the loss attributable to owners of the company being HK$175,968,000. The financial results indicate a challenging year for the company, with substantial losses impacting its financial standing.
PT International Development Corporation Limited has issued a profit warning, anticipating a significant increase in losses for the financial year ending March 2025. The expected loss of at least HK$209 million is attributed to an unrealized fair value loss in the AFC Mercury Fund and impairment losses on assets related to its petrochemical services. This announcement suggests potential financial challenges and impacts on stakeholders, highlighting the volatility in the company’s investment portfolio and operational difficulties in its core segment.
PT International Development Corporation Limited has announced a supplemental update regarding its lease renewal agreement with Pointpiper Investment Limited. The directors of Pointpiper are descendants of the prestigious Hui family, known for their significant real estate holdings in Hong Kong. This lease renewal indicates a continued relationship with independent third-party entities, potentially impacting the company’s operational stability and market positioning.
PT International Development Corporation Limited has announced that a board meeting will be held on June 30, 2025, to approve the annual results for the year ending March 31, 2025, and to consider recommending a final dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market position and stakeholder interests.
PT International Development Corporation Limited has announced the close of a voluntary cash offer by Marching Great Limited to acquire all issued shares not already owned by Marching Great Limited and its concert parties. The offer, which closed on June 5, 2025, resulted in Marching Great Limited and its concert parties holding approximately 50.83% of PT International’s total issued share capital, marking a significant shift in ownership and potentially impacting the company’s future strategic direction.
PT International Development Corporation Limited has issued a supplemental announcement addressing a disclaimer of opinion in its annual report for the year ended 31 March 2024. The company is taking steps to mitigate liquidity pressures and improve its financial position. It is in negotiations with Guilin Bank to revise loan covenants, and expects resolution by 31 March 2026. Additionally, the company is considering the disposal of underlying assets managed by a fund, including shares of STX Corporation Limited and STX Green Logis Ltd., to improve financial stability.
PT International Development Corporation Limited has announced the dispatch of a response document to its independent shareholders regarding a voluntary cash offer by Marching Great Limited to acquire all issued shares not already owned by Marching Great Limited. The revised expected timetable for the offer has been released, indicating changes due to the delayed dispatch of the response document, which may impact stakeholders’ planning and decision-making.
PT International Development Corporation Limited has taken several steps to address the disclaimer of opinion in its annual report for the year ended 31 March 2024, focusing on improving its financial position and mitigating liquidity pressures. These measures include ongoing negotiations with Guilin Bank to revise loan covenants, handling disputes over oil storage tank contracts, defending against a civil complaint, and exploring the disposal of fund assets when market conditions are favorable.
Marching Great Limited, through Head & Shoulders Securities Limited, has made a voluntary cash offer to acquire all issued shares of PT International Development Corporation Limited, excluding those already owned by Marching Great Limited and its concert parties. As of May 20, 2025, the offeror has received valid acceptances for approximately 21.39% of the company’s issued share capital, bringing its total interest to 50.52%, which may impact the company’s control and strategic direction.
PT International Development Corporation Limited has announced a voluntary conditional cash offer by Marching Great Limited to acquire all issued shares not already owned by Marching Great Limited. This announcement is accompanied by litigation filed by Mr. Zhu Bin, alleging that the company’s financial statements contain inconsistencies related to impairment losses, potentially affecting the offer price and shareholder value. The litigation claims that the board disclosed misleading information, which could benefit Mr. Ching, the sole owner of the offeror, by acquiring shares at an undervalued price.
PT International Development Corporation Limited announced a delay in the dispatch of its response document related to a voluntary conditional cash offer by Marching Great Limited. The extension of the offer period has been granted, allowing more time for the company to finalize necessary information, impacting the timeline for shareholders and stakeholders involved in the acquisition process.