Top Page
China Ever Grand Financial Leasing Group Co., Ltd.
(0379)
China Ever Grand Financial Leasing Group Co., Ltd. (0379) vs. iShares MSCI Hong Kong ETF (EWH)
China Ever Grand Financial Leasing Group Co., Ltd. Business Overview & Revenue Model
China Ever Grand Financial Leasing Group Co., Ltd. Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 100.98M | 52.70M | 77.79M | 123.63M | 66.18M | Gross Profit |
| -5.27M | 17.77M | 14.28M | -3.81M | -16.37M | EBIT |
| -50.15M | -32.70M | -92.56M | -55.42M | -100.61M | EBITDA |
| -49.13M | -33.44M | -86.69M | -74.66M | -331.16M | Net Income Common Stockholders |
| -80.81M | -38.60M | 43.61M | -62.71M | -356.58M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 16.65M | 32.42M | 194.62M | 183.97M | 327.76M | Total Assets |
| 392.46M | 502.83M | 801.34M | 1.08B | 1.19B | Total Debt |
| 10.29M | 2.31M | 152.65M | 423.69M | 473.39M | Net Debt |
| -2.93M | -28.41M | 114.50M | 400.39M | 340.91M | Total Liabilities |
| 51.58M | 49.89M | 264.68M | 565.75M | 611.10M | Stockholders Equity |
| 340.88M | 452.94M | 503.90M | 515.71M | 568.06M |
| Cash Flow | Free Cash Flow | |||
| 0.00 | -26.62M | -49.98M | -105.65M | -242.54M | Operating Cash Flow |
| 0.00 | -24.96M | -48.24M | -86.16M | -242.00M | Investing Cash Flow |
| 0.00 | 18.41M | 77.28M | -40.46M | 235.31M | Financing Cash Flow |
| 0.00 | -2.56M | -12.03M | 14.37M | 31.96M |
China Ever Grand Financial Leasing Group Co., Ltd. Technical Analysis
China Ever Grand Financial Leasing Group Co., Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$2.52B | 5.26 | 49.10% | 3.74% | 3.11% | -2.34% | |
74 Outperform | HK$2.61B | 6.47 | 23.00% | 11.63% | 9.38% | 8.61% | |
65 Neutral | $12.76B | 9.91 | 7.89% | 78.91% | 12.06% | -7.95% | |
61 Neutral | HK$27.75B | 38.61 | 0.58% | ― | -8.96% | ― | |
57 Neutral | HK$141.73M | ― | -12.61% | ― | 11.40% | -9.26% | |
44 Neutral | HK$529.83M | ― | -83.09% | ― | -24.22% | -66.67% | |
33 Underperform | HK$104.61M | ― | -20.36% | ― | 91.60% | -107.36% |
China Ever Grand Financial Leasing Group Co., Ltd. Corporate Events
China Ever Grand Financial Leasing Group Co., Ltd. has announced its upcoming annual general meeting (AGM) scheduled for June 13, 2025, in Hong Kong. Key agenda items include the adoption of financial statements, re-election of directors, re-appointment of auditors, and a resolution to authorize the board to issue additional shares. This meeting is significant for stakeholders as it will address leadership continuity and potential capital expansion, impacting the company’s strategic direction and market operations.
China Ever Grand Financial Leasing Group Co., Ltd. announced that all ordinary resolutions proposed at their Extraordinary General Meeting (EGM) on April 3, 2025, were approved by shareholders. The resolutions pertain to the Supplemental TEI Framework Purchase Agreement and the 2025 TEI Framework Purchase Agreement, which involve continuing connected transactions and relevant annual caps. The unanimous approval of these agreements indicates strong shareholder support and is likely to impact the company’s operational strategies positively.
China Ever Grand Financial Leasing Group Co., Ltd. has successfully implemented all additional internal control measures as outlined in their March 2025 circular. This move underscores the company’s dedication to maintaining strong internal controls and corporate governance, aiming to prevent non-compliance with the Listing Rules and other regulatory requirements, which could positively impact its operational integrity and stakeholder confidence.
China Ever Grand Financial Leasing Group Co., Ltd. has announced a change in its Hong Kong branch share registrar and transfer office, effective from March 1, 2025. The new registrar will be Tricor Investor Services Limited, and all applications for registration of transfer of shares should be directed to them from this date. This change is part of the company’s ongoing efforts to streamline its operations and enhance shareholder services, potentially impacting how stakeholders interact with the company regarding share transfers.
China Ever Grand Financial Leasing Group Co., Ltd. reported its annual results for 2024, showing a significant increase in total revenue to HK$100,977,000 from HK$52,702,000 in 2023. Despite the revenue growth, the company faced a substantial loss of HK$80,813,000 from continuing operations, attributed to increased administrative expenses, impairment losses, and other financial challenges, impacting its profitability and stakeholder interests.
China Ever Grand Financial Leasing Group Co., Ltd. has issued a profit warning, anticipating a significant increase in net loss for the year ending December 31, 2024, with losses expected to range between HK$70 million and HK$90 million, compared to HK$37.3 million in the previous year. The increase in losses is attributed to substantial fair value losses on investment properties, shared losses of associates, and goodwill impairment losses. Stakeholders are advised to exercise caution when dealing with the company’s shares, as the final financial results may differ from the preliminary estimates.
China Ever Grand Financial Leasing Group Co., Ltd. issued a clarification regarding the book closure dates for its upcoming extraordinary general meeting (EGM). The company announced that the register of members will be closed from March 31 to April 2, 2025, to determine the entitlement to attend and vote at the EGM. This announcement ensures that shareholders are informed of the correct dates and procedures, maintaining transparency and accuracy in shareholder communications.
China Ever Grand Financial Leasing Group Co., Ltd. has announced an extraordinary general meeting scheduled for April 3, 2025, to discuss and potentially approve two key framework purchase agreements. These agreements, the Supplemental TEI Framework Purchase Agreement and the 2025 TEI Framework Purchase Agreement, are aimed at continuing connected transactions and setting annual caps for the years 2024 to 2026. The approval of these agreements is expected to impact the company’s operational strategies and stakeholder engagements significantly.
China Ever Grand Financial Leasing Group Co., Ltd. has provided updates on ongoing litigation involving its wholly-owned subsidiary, Hong Kong Ever Grand. The court hearing for a complaint regarding overdue capital has been rescheduled to March 2025, with the company actively defending against claims. Additionally, the judicial dissolution proceedings of Beijing Ever Grand have commenced, with evidence being exchanged and cross-examined. The company is committed to keeping stakeholders informed of any significant developments.
China Ever Grand Financial Leasing Group Co., Ltd. has announced that its board of directors will meet on March 26, 2025, to review and approve the annual results for the year ending December 31, 2024. The board will also consider recommending the payment of a final dividend, which could have implications for shareholders and the company’s financial outlook.
China Ever Grand Financial Leasing Group Co., Ltd. announced a change in its Hong Kong branch share registrar and transfer office to Tricor Investor Services Limited, effective from 1 March 2025. This change is significant for stakeholders as it affects the process for share registration and transfer, indicating a strategic operational shift that may streamline shareholder services.
China Ever Grand Financial Leasing Group Co., Ltd. has announced updates regarding its transactions with TEI, a supplier of medical and healthcare products. The company extended its existing agreement with TEI for the year 2024 and established a new framework purchase agreement for 2025 to 2026. This move is significant as it involves connected transactions with substantial shareholders, requiring independent shareholder approval under Hong Kong’s listing rules. The company has appointed Messis Capital Limited as an independent financial adviser to ensure the fairness and reasonableness of the agreements.