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Pinestone Capital Ltd
(0804)
Pinestone Capital Ltd (0804) vs. iShares MSCI Hong Kong ETF (EWH)
Pinestone Capital Ltd Business Overview & Revenue Model
Pinestone Capital Ltd Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 25.49M | 4.15M | 19.38M | 24.91M | 25.61M | Gross Profit |
| 24.47M | 2.46M | 18.35M | 22.95M | 17.49M | EBIT |
| -18.51M | -23.54M | -48.26M | -5.11M | -19.31M | EBITDA |
| -30.66M | -22.47M | -47.16M | -3.13M | -17.22M | Net Income Common Stockholders |
| -31.67M | -24.39M | -41.47M | -4.93M | -18.83M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 15.93M | 23.39M | 30.55M | 45.99M | 67.44M | Total Assets |
| 154.87M | 176.01M | 169.94M | 199.30M | 228.30M | Total Debt |
| 0.00 | 622.00K | 1.59M | 2.51M | 1.75M | Net Debt |
| -15.93M | -23.80M | -28.96M | -43.48M | -65.70M | Total Liabilities |
| 16.50M | 5.98M | 5.47M | 7.58M | 31.65M | Stockholders Equity |
| 138.37M | 170.04M | 164.48M | 191.72M | 196.66M |
| Cash Flow | Free Cash Flow | |||
| 0.00 | -35.69M | -28.87M | -19.45M | 67.60M | Operating Cash Flow |
| 0.00 | -35.69M | -28.87M | -18.89M | 67.65M | Investing Cash Flow |
| 0.00 | 10.00K | 221.00K | -399.00K | -51.00K | Financing Cash Flow |
| 0.00 | 28.94M | 13.21M | -2.00M | -29.94M |
Pinestone Capital Ltd Technical Analysis
Pinestone Capital Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | $12.86B | 9.79 | 7.84% | 78.10% | 12.05% | -7.99% | |
53 Neutral | HK$923.82M | 8.72 | 2.68% | 12.38% | -13.23% | -53.19% | |
45 Neutral | HK$59.45M | ― | -20.54% | ― | 27.32% | -6.78% | |
45 Neutral | HK$194.27M | ― | ― | -56.57% | -49.64% | ||
45 Neutral | HK$55.02M | ― | -34.93% | ― | 8.14% | 70.74% | |
38 Underperform | €13.61M | ― | -27.10% | ― | -6.25% | 84.71% |
Pinestone Capital Ltd Corporate Events
Pinestone Capital Limited, a company incorporated in the Cayman Islands, announced its decision not to proceed with the proposed change of its company name to Yinda International Holdings Limited. The decision was made to avoid market confusion and misunderstanding, and as a result, the special general meeting for the approval of the name change will not be held.
Pinestone Capital Limited has announced its upcoming annual general meeting scheduled for May 30, 2025, in Hong Kong. Key agenda items include the consideration of audited financial statements, re-election of directors, re-appointment of auditors, and a resolution to authorize the repurchase of up to 10% of the company’s issued shares. This meeting is significant as it addresses crucial governance and financial strategies that could impact the company’s market operations and shareholder value.
Pinestone Capital Limited announced the removal of Mr. Choi Pun Lap from the position of joint company secretary due to cost considerations, effective April 17, 2025. Mr. Au Kin Kee Kinson will continue as the sole company secretary, which may streamline operations and reduce administrative costs for the company.
Pinestone Capital Limited has announced the suspension of duties and powers of its non-executive director and co-chairman, Mr. Shi Zhu, due to a potential breach of regulatory requirements. This action follows the discovery that Capital Realm Financial Holdings Group Limited, a borrower of financial assistance from Pinestone, has become a substantial shareholder in the company, which should have been classified as a connected transaction under the Listing Rules. In response, Pinestone has demanded repayment from the borrower and initiated an independent investigation into the incident and potential breach.
Pinestone Capital Ltd reported a 26% increase in revenue for the year ended December 31, 2024, primarily driven by a significant rise in fee income from placing and underwriting services. However, the company faced a net loss of HK$31.7 million due to substantial bad debts and impairment losses related to its securities-backed lending services, leading to a decision not to recommend a final dividend for the year.
Pinestone Capital Limited has issued a profit warning, indicating an expected net loss between HK$30.0 million and HK$33.0 million for the year ending December 31, 2024, due to impairment losses on trade and loans receivables. This marks an increase from the HK$24.4 million net loss recorded in the previous year, highlighting ongoing financial challenges for the company.
Pinestone Capital Limited has announced a board meeting scheduled for March 28, 2025, to discuss and approve the audited final results for the year ending December 31, 2024. The meeting will also address the potential payment of a final dividend and other corporate matters, which could impact the company’s financial positioning and shareholder value.
Pinestone Capital Limited has announced the composition of its board of directors, detailing the roles and functions of each member. The board includes executive, non-executive, and independent non-executive directors, and has established three committees: Audit, Remuneration, and Nomination. This announcement provides clarity on the governance structure, which is crucial for stakeholders in understanding the company’s decision-making framework.
Pinestone Capital Limited has announced significant changes in its leadership structure, effective February 26, 2025. Mr. Zhu Zheping has been re-designated from Chairman to Co-Chairman, and Mr. Shi Zhu has been appointed as Co-Chairman. Mr. Zhu brings extensive experience in biotechnology, real estate development, and sales, and holds a Master’s degree in Business Administration. This strategic move is expected to enhance the company’s leadership dynamics and potentially impact its market positioning.