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Eminence Enterprise Limited
(0616)
Eminence Enterprise Limited (0616) vs. iShares MSCI Hong Kong ETF (EWH)
Eminence Enterprise Limited Business Overview & Revenue Model
Eminence Enterprise Limited Financial Statement Overview
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 63.25M | 44.86M | 30.69M | 28.86M | 37.28M | 80.70M |
| Gross Profit | 25.84M | 26.83M | 27.17M | 24.24M | 32.61M | 75.03M |
| EBITDA | -86.74M | -275.36M | -147.07M | 13.54M | 49.66M | -73.61M |
| Net Income | -149.06M | -365.30M | -213.15M | 63.57M | 116.45M | -180.79M |
Balance Sheet | ||||||
| Total Assets | 4.89B | 4.84B | 5.41B | 5.62B | 4.88B | 4.61B |
| Cash, Cash Equivalents and Short-Term Investments | 90.87M | 121.27M | 435.45M | 394.04M | 190.14M | 246.97M |
| Total Debt | 1.99B | 1.94B | 2.24B | 2.03B | 1.73B | 1.58B |
| Total Liabilities | 2.10B | 2.03B | 2.36B | 2.39B | 1.86B | 1.73B |
| Stockholders Equity | 2.79B | 2.81B | 3.05B | 3.24B | 3.02B | 2.88B |
Cash Flow | ||||||
| Free Cash Flow | -110.21M | -101.37M | -389.67M | -203.91M | -164.92M | -97.49M |
| Operating Cash Flow | -110.21M | -101.36M | -388.99M | -200.51M | -153.18M | -97.19M |
| Investing Cash Flow | 100.55M | 116.59M | 243.78M | 188.23M | -38.20M | -199.86M |
| Financing Cash Flow | -50.78M | -263.93M | 102.30M | 265.97M | 144.81M | 80.66M |
Eminence Enterprise Limited Technical Analysis
Eminence Enterprise Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
54 Neutral | HK$541.52M | -1.89 | -5.14% | ― | 66.69% | 88.69% | |
53 Neutral | HK$84.19M | -0.10 | -55.99% | ― | -8.18% | -212.59% | |
49 Neutral | HK$91.26M | -22.06 | -30.16% | ― | 12.37% | 25.67% | |
48 Neutral | HK$129.70M | 1.26 | -6.82% | ― | 1.53% | 22.83% | |
41 Neutral | HK$93.35M | -0.52 | -304.65% | ― | 230.64% | -14.21% |
Eminence Enterprise Limited Corporate Events
Asset Chain Limited has officially changed its English name from “Smart Chain Company Limited” to “Asset Chain Limited,” while retaining “財富鏈有限公司” as its registered Chinese secondary name. The change has been duly registered in both Bermuda and Hong Kong, completing a rebranding process that began with the earlier transition from “Eminence Enterprise Limited.”
In line with the new corporate identity, the company’s stock short names on the Hong Kong Stock Exchange will change to “ASSET CHAIN” in English and “財富鏈” in Chinese from 11 March 2026, although the stock code will remain 616. The board emphasized that the name and ticker changes will not affect shareholders’ rights, daily operations, or the group’s financial position, and existing share certificates will remain valid as the company also adopts a new logo to reflect its updated branding.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.29 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has secured strong shareholder backing for a further change of its company name, with a special resolution passed by poll at a special general meeting held on 9 February 2026. All directors attended the meeting in person or electronically, underscoring board support for the move.
The resolution to change the company name received 642,112,478 votes in favour and none against, comfortably exceeding the 75% threshold required for approval. With no shareholders required to abstain or indicating opposition in advance, the unanimous result signals broad investor alignment behind the company’s branding and corporate identity strategy.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has appointed executive director Ms. Lui Yuk Chu as a member of its nomination committee, effective 30 January 2026, bringing the committee’s membership to five, including both executive and independent non-executive directors. The board believes this addition will strengthen the effectiveness and diversity of the board, and further enhance the company’s overall corporate governance practices, underlining its ongoing focus on board oversight and governance standards for stakeholders.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has announced the composition of its board of directors with effect from 30 January 2026, naming Mr. Lai Law Kau as chairman and chief executive officer, Ms. Lui Yuk Chu as deputy chairman, and Mr. Kwong Jimmy Cheung Tim as executive directors, alongside three independent non-executive directors: Mr. Kan Ka Hon, Mr. Lau Sin Ming and Mr. Wu Koon Yin Welly. The company has also detailed the membership and chairmanship of its four key board committees—executive, audit, remuneration and nomination—clarifying the allocation of governance responsibilities among directors, a move that reinforces its corporate oversight structure and signals continuity and transparency in its leadership and board governance arrangements for investors and other stakeholders.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has formalised the terms of reference for its Nomination Committee, which is tasked with leading board appointment processes and regularly reviewing the balance of skills, knowledge and experience on the board to support the company’s corporate strategy and board diversity objectives. The committee, composed of at least three members with a majority being independent non-executive directors and at least one member of a different gender, is empowered to seek independent professional advice, manage succession planning for key board roles, assess director independence, support ongoing board performance evaluations, and review the company’s nomination policy, underscoring the firm’s emphasis on strengthened corporate governance and regulatory compliance.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has completed a placing of 115.88 million new shares under its general mandate at HK$0.32 per share, representing about 6.21% of its enlarged issued share capital. The shares were allotted to six independent placees, none of whom became substantial shareholders or connected persons, and are subject to a lock-up preventing disposals before 31 May 2026. The transaction increases the company’s total issued shares to roughly 1.87 billion and raises gross proceeds of HK$37.08 million, with net proceeds of about HK$36.71 million earmarked for repayment and refinancing of existing bank loans, which should strengthen the group’s capital structure and reduce financing pressure for stakeholders.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has called a special general meeting to seek shareholder approval for changing its English name from Smart Chain Company Limited to Asset Chain Limited, while readopting its Chinese name as a secondary name, subject to approval from the Bermuda Registrar of Companies. The proposed rebranding, to be decided at the 9 February 2026 meeting in Hong Kong, authorizes the board to handle all necessary regulatory filings and procedural steps, and outlines standard arrangements for proxy voting and share registration, signaling a formal shift in corporate identity that may reflect an evolving strategic direction for the company.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has received notice that its previously proposed English name, Smart Chain Company Limited, was not approved by the Hong Kong Companies Registry, despite the Bermuda Registrar of Companies having granted approval for the change and for the associated Chinese name. In response, a requisitioning shareholder and Fast Upgrade Limited, together holding about 16.42% of the company’s issued share capital, have formally requested that the board convene a special general meeting to consider a revised name change to Asset Chain Limited while readopting the approved Chinese name 財富鏈有限公司 as the company’s secondary name. The further proposed change remains subject to shareholder approval by special resolution at the special general meeting and subsequent confirmation by the Bermuda Registrar, after which the company will complete the required filings in Hong Kong. The board emphasized that the new naming arrangement is intended to align better with the approved Chinese name and support smooth operations, and confirmed that the change will not affect shareholders’ rights.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has entered into a conditional placing agreement to issue up to 115.88 million new shares under its general mandate at HK$0.32 per share, representing about 6.62% of its existing issued share capital and 6.21% of the enlarged share capital if fully placed. The placing, to be conducted on a best-effort basis through Constance Capital Limited—an indirect wholly owned subsidiary of Easyknit and therefore a connected person—will run until 31 January 2026, with a 1% placing commission agreed after arm’s length negotiations and deemed fair and reasonable by the board, including independent non-executive directors; completion remains subject to conditions in the placing agreement, and the company has cautioned investors that the transaction may or may not proceed, underscoring the ongoing influence of Easyknit over its capital structure and future control.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has completed a very substantial and connected acquisition of Mark Profit, following approval by independent shareholders, with completion taking place on 15 January 2026 and Mark Profit now becoming a wholly owned subsidiary to be consolidated into the group’s accounts. The HK$286.8 million purchase price was fully settled through the issuance of a 2025 convertible note to Goodco, enabling the potential issuance of up to 1.697 billion new shares upon conversion, while the company simultaneously adjusted the conversion price of an existing 2023 convertible note from HK$0.07 to HK$0.05 per share, increasing the underlying conversion shares from 350 million to 490 million, a move that strengthens financing flexibility but also signals potential dilution for existing shareholders as Eminence deepens its reliance on convertible debt to fund expansion.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited announced that shareholders have overwhelmingly approved a special resolution to change the company’s name at a special general meeting held on 6 January 2026. The resolution, passed by poll with 100% of votes cast in favour and exceeding the 75% threshold required for special resolutions, underscores strong shareholder support for the rebranding move, which may signal a strategic repositioning in the market and sets the stage for subsequent administrative and branding changes once the new name becomes effective.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.38 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has completed a placing of 67 million new shares under its general mandate, raising gross proceeds of HK$20.1 million (net approximately HK$19.9 million) at HK$0.30 per share. The new shares, representing about 3.83% of the enlarged share capital, were allotted to six independent placees, none of whom becomes a substantial or connected shareholder, and the placees are subject to a lock-up restricting disposals of the placing shares until 22 April 2026. The company plans to use the proceeds to cover additional construction costs for its Project Fung Wah site at Nos. 646, 648 and 648A Castle Peak Road in Kowloon, where the development plan has been revised to build a student hostel, signalling a strategic shift in asset use and positioning within the local property market while marginally diluting existing shareholders’ stakes.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.38 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has signed a non-legally binding memorandum of understanding to subscribe for shares in a Cayman Islands-incorporated joint venture that will focus on developing and investing in stablecoin and other blockchain-related businesses across ASEAN, alongside other potential investors including a subsidiary of NASDAQ-listed Futu Holdings Limited. The group plans to invest up to US$420,000 for no more than a 10% stake in the joint venture, viewing the rapid growth and increasing transaction volumes of stablecoins as a substantial strategic opportunity, while stressing that the arrangement remains indicative and may become a notifiable transaction subject to further disclosures under Hong Kong listing rules if it proceeds.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.38 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited announced the successful completion of its share placement under the General Mandate, issuing 20,000,000 new shares to an independent placee at HK$0.30 per share, generating net proceeds of approximately HK$5.94 million. The funds will primarily be allocated towards general working capital, including staff salaries, utilities, and professional fees, over the coming one to two months, with minimal impact on the company’s overall shareholding structure.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.38 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has announced a share placement involving up to 67,000,000 new shares at a price of HK$0.30 per share, facilitated by Constance Capital Limited as the placing agent. This transaction, which could potentially increase the company’s issued share capital by approximately 3.87%, is significant as the placing agent is a connected person due to its affiliation with Easyknit, which holds a substantial portion of the company’s convertible notes. The completion of this placing is contingent upon certain conditions, and stakeholders are advised to exercise caution as the transaction may not proceed.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.38 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited announced that an ordinary resolution was passed at their Special General Meeting held on December 15, 2025. The resolution, which involved the approval of a Sale and Purchase Agreement and related transactions, including the issuance of Conversion Shares under a 2025 Convertible Note, was supported by 79.04% of the votes. This decision reflects the company’s ongoing strategic initiatives and compliance with regulatory requirements, impacting its operational and market positioning.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.38 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited announced a supplemental update regarding the placing of new shares under a general mandate. The placing period is set to terminate on 19 December 2025, and placees are restricted from disposing of shares before 22 April 2026. The net proceeds will be allocated to the company’s general working capital, with 6% for professional fees, 35% for staff salaries, and 59% for utilities and other expenses. Stakeholders are advised to exercise caution as the completion of the placing is subject to certain conditions.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.38 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has announced a special general meeting to propose a change in the company’s name to Smart Chain Company Limited, subject to approval from the Registrar of Companies in Bermuda. This strategic move is aimed at rebranding the company, potentially impacting its market presence and signaling a shift in its business focus, which could have implications for stakeholders and the industry.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.38 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.
Eminence Enterprise Limited has announced a placing of new shares under a general mandate, appointing Constance Capital Limited as the placing agent. The placing involves up to 20,000,000 shares at HK$0.30 each, representing approximately 1.20% of the company’s issued share capital. The placing agent, a subsidiary of Easyknit, is considered a connected person, and the transaction is expected to impact the company’s shareholding structure, potentially increasing Easyknit’s control to 21.46% if conversion shares are fully converted.
The most recent analyst rating on (HK:0616) stock is a Hold with a HK$0.31 price target. To see the full list of analyst forecasts on Eminence Enterprise Limited stock, see the HK:0616 Stock Forecast page.