Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 432.57M | 469.18M | 369.45M | 2.60B | 117.55M |
Gross Profit | 118.63M | 108.86M | 85.32M | 551.25M | 28.90M |
EBITDA | 29.62M | -91.73M | -104.85M | 399.86M | -90.44M |
Net Income | -182.12M | -82.25M | -112.47M | 61.86M | -92.03M |
Balance Sheet | |||||
Total Assets | 1.67B | 2.29B | 2.14B | 2.77B | 4.37B |
Cash, Cash Equivalents and Short-Term Investments | 357.77M | 201.75M | 554.71M | 627.06M | 213.43M |
Total Debt | 1.91M | 108.54M | 60.24M | 111.37M | 1.82B |
Total Liabilities | 254.28M | 596.75M | 334.52M | 625.24M | 2.30B |
Stockholders Equity | 1.42B | 1.44B | 1.56B | 1.81B | 1.69B |
Cash Flow | |||||
Free Cash Flow | 103.09M | -1.81M | 102.70M | 2.04B | -464.91M |
Operating Cash Flow | 153.71M | 11.49M | 114.92M | 2.05B | -434.82M |
Investing Cash Flow | 34.61M | -388.19M | 12.35M | 119.88M | 48.24M |
Financing Cash Flow | -42.47M | 20.27M | -158.07M | -1.70B | 337.34M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
72 Outperform | 296.00M | 7.34 | 11.85% | ― | 72.70% | 27.44% | |
56 Neutral | 429.56M | 18.60 | 10.79% | 1.19% | -4.14% | -21.15% | |
47 Neutral | 100.88M | -2.21 | -18.14% | ― | -18.68% | -3500.00% | |
45 Neutral | HK$545.29M | ― | -2.94% | ― | -41.07% | -41.05% | |
41 Neutral | 48.60M | -3.20 | 13.34% | ― | 4.42% | 6.15% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
New Silkroad Culturaltainment Ltd. has appointed Mr. Wang Gengyu as its new Chief Executive Officer, effective from September 16, 2025. Mr. Wang, who has been an executive director since June 2024, brings a wealth of experience in strategic mergers and acquisitions, equity investment, and asset management. His leadership is expected to enhance the company’s strategic positioning in the cultural entertainment industry, leveraging his extensive background in finance and corporate development.
New Silkroad Culturaltainment Ltd. announced supplemental information regarding its subscription to a limited partnership interest in a fund. The fund aims for mid-term capital appreciation through a diversified portfolio of highly liquid financial instruments. The company’s board considers this subscription a strategic move to optimize its idle cash reserves, aiming for risk-adjusted returns in a low-interest-rate environment. This decision aligns with the company’s conservative investment style, offering a balanced exposure to growth-oriented assets while maintaining liquidity for operational needs.
New Silkroad Culturaltainment Ltd. announced the resignation of Mr. Zhao Bin as an executive director and from all other positions within the company and its subsidiaries, effective September 5, 2025. Mr. Zhao is stepping down to focus on other commitments, and he has no disagreements with the board. The company expressed gratitude for his contributions, and the board remains composed of four executive directors and three independent non-executive directors.
New Silkroad Culturaltainment Ltd. has announced the composition of its board of directors and their roles within the company. The board includes both executive and independent non-executive directors, with Wang Gengyu serving as the Chairman. The announcement also details the membership of board committees, which are crucial for overseeing audit, remuneration, and nomination processes. This update provides stakeholders with clarity on the governance structure and leadership roles within the company, which can impact its strategic direction and operational efficiency.
New Silkroad Culturaltainment Ltd. announced its unaudited interim results for the six months ended June 30, 2025. The company reported a decrease in revenue from continuing operations, with a gross profit of HK$48,095,000 compared to HK$57,420,000 in the previous period. The period saw a significant impairment loss of goodwill amounting to HK$48,456,000, contributing to an overall loss from operating activities of HK$42,042,000. Despite the challenges, the company continues to focus on its core operations, with implications for stakeholders regarding its financial health and strategic direction.
New Silkroad Culturaltainment Ltd. announced a reduction in its net loss for the first half of 2025, expecting a loss between HK$38 million and HK$50 million, compared to HK$51.947 million in the same period in 2024. This improvement is attributed to the absence of losses from a disposed subsidiary, which previously impacted their entertainment business negatively. The company is finalizing its interim results, with the official announcement expected by the end of August 2025.
New Silkroad Culturaltainment Ltd. has announced that its Board of Directors will hold a meeting on August 29, 2025, to approve the unaudited interim results for the first half of 2025 and consider the payment of an interim dividend. This announcement indicates a focus on financial transparency and shareholder value, potentially impacting the company’s market perception and investor relations.
New Silkroad Culturaltainment Ltd. has announced a change in its company secretary and authorized representative roles, effective August 14, 2025. Ms. Tam Hang Yin has resigned from her positions, and Mr. Wong Tik Man, a seasoned professional with over 19 years of experience in accounting and company secretarial matters, has been appointed as her replacement. This change is expected to bring new expertise to the company’s administrative functions, potentially impacting its operational efficiency and stakeholder relations positively.
New Silkroad Culturaltainment Ltd. has entered into a variation agreement with an independent third-party purchaser to amend the terms of a previous Share and Rights Transfer Agreement. The revised agreement reduces the consideration to KRW4.54 billion, payable in cash and through the transfer of two properties in Jeju-si, South Korea. This adjustment reflects the purchaser’s financial capacity and aims to optimize the company’s recovery strategy, potentially benefiting from rental income or future property sales.
New Silkroad Culturaltainment Ltd. has entered into a Limited Partnership Agreement alongside Prime Gain and a General Partner to invest in the Jinluo Huixin LPF Fund. The company has committed HK$50 million as a limited partner, with the capital sourced from internal resources. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating a significant investment that requires public disclosure. The move is expected to impact the company’s financial operations by diversifying its investment portfolio.