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Eternity Investment Limited
(0764)
Eternity Investment Limited (0764) vs. iShares MSCI Hong Kong ETF (EWH)
Eternity Investment Limited Business Overview & Revenue Model
Eternity Investment Limited Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 112.35M | 196.69M | 156.10M | 272.17M | 221.76M | Gross Profit |
| 94.57M | 97.90M | 66.89M | 173.42M | 137.12M | EBIT |
| -336.17M | -189.43M | -220.40M | -201.17M | -158.54M | EBITDA |
| -285.57M | -108.24M | -173.72M | -117.77M | -76.74M | Net Income Common Stockholders |
| -415.70M | -275.15M | -272.78M | -200.48M | -141.03M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 94.67M | 115.67M | 160.68M | 299.52M | 464.52M | Total Assets |
| 2.60B | 3.07B | 3.46B | 3.80B | 3.84B | Total Debt |
| 0.00 | 845.30M | 955.36M | 951.14M | 951.95M | Net Debt |
| -30.32M | 826.94M | 920.59M | 907.57M | 897.82M | Total Liabilities |
| 1.55B | 1.57B | 1.66B | 1.61B | 1.48B | Stockholders Equity |
| 1.06B | 1.51B | 1.80B | 2.19B | 2.37B |
| Cash Flow | Free Cash Flow | |||
| 0.00 | 26.49M | -40.41M | 26.04M | -29.96M | Operating Cash Flow |
| 0.00 | 83.80M | 233.10M | 239.90M | 114.84M | Investing Cash Flow |
| 0.00 | -41.49M | -199.13M | -117.78M | -145.50M | Financing Cash Flow |
| 0.00 | -58.30M | -41.25M | -133.10M | -50.95M |
Eternity Investment Limited Technical Analysis
Eternity Investment Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | HK$1.89B | 31.03 | 2.39% | 9.21% | 10.83% | 41.96% | |
64 Neutral | $12.77B | 9.71 | 7.85% | 78.06% | 12.07% | -7.97% | |
51 Neutral | HK$230.87M | ― | -25.86% | ― | 10.45% | 31.71% | |
50 Neutral | HK$737.10M | ― | -1.81% | 6.59% | 8.19% | 32.85% | |
38 Underperform | HK$213.90M | ― | -32.41% | ― | 13.87% | -51.72% | |
| $1.74B | 4.80 | 5.95% | 8.41% | ― | ― | ||
| HK$97.19M | ― | -9.58% | ― | ― | ― |
Eternity Investment Limited Corporate Events
Eternity Investment Limited announced the fulfillment of conditions precedent for the conversion rights attached to its bonds, making them unconditional and irrevocable as of April 28, 2025. The bonds, issued under a general mandate, have a conversion price set at HK$0.0558 per share, reflecting a slight premium over recent market prices. The company plans to use the net proceeds of approximately HK$9 million primarily for repaying indebtedness and as general working capital. The announcement indicates a strategic financial maneuver aimed at strengthening the company’s financial position and potentially impacting its shareholding structure.
Eternity Investment Limited has announced its upcoming annual general meeting to be held on June 18, 2025, in Hong Kong. The meeting will cover ordinary business such as reviewing financial statements, re-electing directors, and re-appointing auditors. Additionally, shareholders will consider resolutions related to the company’s authority to issue shares and related financial instruments, which could impact the company’s capital structure and market activities.
Eternity Investment Limited has announced a proposed share consolidation, aiming to consolidate every ten existing shares into one consolidated share. This move is intended to streamline the company’s share structure without affecting its underlying assets, business operations, or financial position. The consolidation is subject to shareholder approval and regulatory compliance, with an expected effective date of June 20, 2025.
Eternity Investment Limited has entered into Subscription Agreements to issue bonds worth HK$9 million, which may convert into shares if certain conditions are met by a specified date. The proceeds from these bonds are intended for general working capital, and the company has applied for the listing of the conversion shares on the Hong Kong Stock Exchange.
Eternity Investment Limited reported its audited consolidated results for the year ending December 31, 2024, showing a significant increase in revenue from HK$196,694,000 in 2023 to HK$223,973,000 in 2024. Despite the revenue growth, the company experienced a substantial loss, with a loss before taxation of HK$408,037,000, compared to HK$256,036,000 in the previous year. This was attributed to increased other gains and losses and administrative expenses, impacting the company’s financial performance and posing challenges for stakeholders.
Eternity Investment Limited has issued a profit warning, indicating an expected increase in losses by 50% to 60% for the fiscal year ending December 31, 2024, compared to the previous year. This anticipated increase is attributed to factors such as higher impairment losses on goodwill, changes in the fair value of investment properties, reduced gains from disposals of residential serviced apartments, and losses from modifications of secured notes, partially offset by decreased credit loss allowances and increased gross profit. The company is still finalizing its annual results, and stakeholders are advised to exercise caution.
Eternity Investment Limited has announced that its board of directors will convene on March 31, 2025, to approve the audited annual results for the year ending December 31, 2024, and to consider the payment of a final dividend. This meeting is significant as it will determine the financial performance of the company and potential returns for shareholders, which could impact its market positioning and stakeholder confidence.
Eternity Investment Limited has announced a further extension of the long stop date for the fulfillment of conditions precedent related to its major transaction involving the variation of loan agreements. The new extension moves the deadline to March 31, 2025, allowing additional time for the involved parties to meet the necessary conditions, while all other terms of the agreements remain unchanged.
Eternity Investment Limited has successfully passed a resolution during its Special General Meeting (SGM) held on 19 February 2025. The resolution, concerning the approval and ratification of Supplemental Agreements and related matters, was unanimously supported by shareholders, with 100% of the votes cast in favor. This outcome reflects strong shareholder confidence in the company’s strategic decisions, potentially strengthening its operational framework and market position.