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Kasen International Holdings Ltd.
(0496)
Kasen International Holdings Ltd. (0496) vs. iShares MSCI Hong Kong ETF (EWH)
Kasen International Holdings Ltd. Business Overview & Revenue Model
Kasen International Holdings Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.03B | 956.76M | 863.43M | 1.51B | 1.26B |
| Gross Profit | 400.77M | 349.66M | 250.55M | 559.57M | 419.50M |
| EBITDA | 213.64M | 237.63M | 44.05M | 284.83M | 183.40M |
| Net Income | 63.53M | 70.43M | 68.28M | 220.04M | 114.97M |
Balance Sheet | |||||
| Total Assets | 6.29B | 5.98B | 5.82B | 5.97B | 6.28B |
| Cash, Cash Equivalents and Short-Term Investments | 301.69M | 567.54M | 460.31M | 279.57M | 324.03M |
| Total Debt | 866.90M | 759.21M | 821.52M | 846.68M | 939.92M |
| Total Liabilities | 2.26B | 2.17B | 2.11B | 2.32B | 2.84B |
| Stockholders Equity | 3.80B | 3.75B | 3.68B | 3.62B | 3.40B |
Cash Flow | |||||
| Free Cash Flow | -134.30M | 224.35M | 37.46M | -31.68M | 56.32M |
| Operating Cash Flow | 35.27M | 273.13M | 45.47M | 84.05M | 163.87M |
| Investing Cash Flow | -113.74M | 38.67M | 269.83M | 41.61M | 1.98M |
| Financing Cash Flow | -186.41M | -205.75M | -125.77M | -146.50M | -104.24M |
Kasen International Holdings Ltd. Technical Analysis
Kasen International Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | HK$826.44M | 9.43 | 1.68% | ― | 5.63% | -11.50% | |
53 Neutral | $1.21B | 2.92 | -5.63% | 5.83% | -2.99% | -79.62% | |
| ― | HK$548.74M | ― | -97.81% | ― | ― | ― | |
56 Neutral | HK$592.80M | ― | -24.64% | 18.65% | 321.15% | -33.40% | |
45 Neutral | HK$792.15M | ― | -10.79% | ― | -27.84% | -298.63% | |
41 Neutral | HK$378.00M | ― | ― | -55.88% | -10.72% | ||
20 Underperform | HK$572.16M | ― | -25.88% | ― | 24.01% | -103.87% |
Kasen International Holdings Ltd. Corporate Events
Kasen International Holdings Ltd., a company incorporated in the Cayman Islands, has announced additional information regarding the disposal of certain properties. The properties, which include land, buildings, and equipment, were valued at RMB56,069,142 after negotiations between Haining Hengsen and Huafeng. The valuation was conducted using the cost approach due to the properties not being in active use, making other valuation methods unsuitable. The valuation assumptions included transaction and open market assumptions, with no significant adverse changes expected in the legal or economic environment. The valuation details were based on the gross floor area, reproduction costs, and depreciation rates.
Kasen International Holdings Ltd. announced a property transfer agreement where its subsidiary, Haining Hengsen, will sell a parcel of land, including buildings and equipment, to Huafeng for RMB56,069,142. The transaction is classified as a discloseable transaction under Hong Kong’s listing rules, requiring notification and announcement. This disposal is part of the company’s strategic realignment, potentially impacting its operational focus and resource allocation.
Kasen International Holdings Ltd. has announced the establishment of a nomination committee by its board, which will be primarily composed of independent non-executive directors. The committee is tasked with reviewing the structure, size, and composition of the board, and ensuring the board has the necessary skills and knowledge. This move is aimed at enhancing corporate governance and ensuring effective oversight and strategic direction for the company. The nomination committee will meet at least once a year and has been granted the authority to request information from employees and seek independent professional advice as needed.
Kasen International Holdings Ltd. has completed the proposed conversion of its convertible bonds, resulting in the issuance of 393,399,471 conversion shares to Joyview. This transaction has increased Joyview’s shareholding from approximately 39.36% to 52.35% of the company’s issued share capital, solidifying its position as a controlling shareholder. The completion of this conversion marks a significant shift in the company’s shareholding structure, with implications for its market positioning and stakeholder interests.
Kasen International Holdings Ltd. announced that all ordinary resolutions proposed at their Annual General Meeting on May 30, 2025, were passed unanimously by shareholders. The resolutions included financial statement adoption, director re-elections, auditor re-appointment, and the approval of general mandates for share issuance and buybacks. The successful passing of these resolutions indicates strong shareholder support and positions the company for continued strategic operations and governance.
Kasen International Holdings Ltd. announced the successful passing of all proposed resolutions at its Extraordinary General Meeting held on May 30, 2025. The key resolutions included the approval of the conversion of convertible bonds issued to Joyview Enterprises Limited and the granting of a Whitewash Waiver, allowing Joyview to convert bonds into shares without triggering a mandatory takeover offer. This development is significant for Kasen’s financial structuring and shareholder equity, potentially impacting its market positioning and stakeholder interests.
Kasen International Holdings Limited, a company incorporated in the Cayman Islands, has announced the dispatch of a circular related to the proposed conversion of convertible bonds and an application for a whitewash waiver. This circular includes details about the proposed conversion, advice from the Independent Board Committee and Financial Adviser, and a notice of an Extraordinary General Meeting (EGM) scheduled for May 30, 2025. The approval of the whitewash waiver by the Executive and Independent Shareholders is crucial for the conversion of the bonds, and shareholders are advised to exercise caution when dealing with the company’s securities.
Kasen International Holdings Limited has announced an Extraordinary General Meeting (EGM) to be held on May 30, 2025, in Haining City, Zhejiang Province, China. The meeting will address the approval of the proposed conversion of convertible bonds into company shares and a special resolution regarding a Whitewash Waiver, which would exempt Joyview Enterprises Limited from making a mandatory offer for all issued shares. This move is significant for the company’s financial structuring and could impact its market dynamics and stakeholder interests.
Kasen International Holdings Ltd. has announced an extraordinary general meeting (EGM) scheduled for May 30, 2025, to discuss and potentially approve the Proposed Conversion of Convertible Bonds and a Whitewash Waiver. The meeting will determine shareholder eligibility for voting, with a book closure period set from May 27 to May 30, 2025. This meeting is significant as it could impact the company’s financial structure and shareholder dynamics.