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AEON Stores (Hong Kong) Co., Limited
(Frankfurt:0984)
AEON Stores (Hong Kong) Co., Limited (0984) vs. iShares MSCI Hong Kong ETF (EWH)
AEON Stores (Hong Kong) Co., Limited Business Overview & Revenue Model
AEON Stores (Hong Kong) Co., Limited Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 8.16B | 8.69B | 9.57B | 9.55B | 9.96B | Gross Profit |
| 2.05B | 2.18B | 805.96M | 684.39M | 888.87M | EBIT |
| 994.40M | 1.16B | -390.10M | -515.05M | -243.28M | EBITDA |
| 59.81M | 918.77M | 929.62M | 761.03M | 1.20B | Net Income Common Stockholders |
| -338.07M | -188.66M | -219.87M | -469.96M | -36.81M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 830.58M | 1.15B | 1.43B | 1.84B | 2.01B | Total Assets |
| 5.46B | 5.58B | 6.04B | 7.45B | 8.34B | Total Debt |
| 3.69B | 3.21B | 3.48B | 4.37B | 4.87B | Net Debt |
| 3.18B | 2.33B | 2.34B | 2.81B | 3.32B | Total Liabilities |
| 5.89B | 5.67B | 5.94B | 7.13B | 7.49B | Stockholders Equity |
| -529.59M | -197.74M | -274.00K | 203.44M | 702.66M |
| Cash Flow | Free Cash Flow | |||
| 0.00 | 833.49M | 772.17M | 853.90M | 1.16B | Operating Cash Flow |
| 523.72M | 948.36M | 866.80M | 1.02B | 1.32B | Investing Cash Flow |
| 0.00 | -260.42M | -127.29M | -7.24M | -299.09M | Financing Cash Flow |
| 0.00 | -1.04B | -1.08B | -1.04B | -987.85M |
AEON Stores (Hong Kong) Co., Limited Technical Analysis
AEON Stores (Hong Kong) Co., Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$2.23B | 10.31 | 10.30% | 8.70% | 1.19% | -38.04% | |
66 Neutral | HK$2.93B | 11.39 | 6.02% | 3.04% | 3.58% | 810.26% | |
62 Neutral | $6.86B | 11.07 | 2.77% | 4.27% | 2.66% | -24.95% | |
49 Neutral | $25.85B | 59.17 | 1.96% | 0.74% | -11.47% | -479.41% | |
42 Neutral | €101.40M | ― | 11.11% | -6.87% | -79.20% | ||
41 Neutral | $554.85M | ― | -191.67% | ― | -11.65% | 54.79% |
AEON Stores (Hong Kong) Co., Limited Corporate Events
AEON Stores (Hong Kong) Co., Limited has announced the renewal of a tenancy agreement for its retail premises in Hong Kong, extending the lease from May 2025 to April 2028. This agreement, valued at approximately HK$5.2 million as a right-of-use asset, is considered a discloseable transaction under the Listing Rules, reflecting the company’s strategy to maintain its operational scale and market presence.
AEON Stores (Hong Kong) Co., Limited announced its upcoming annual general meeting scheduled for May 29, 2025. Key agenda items include reviewing financial statements, re-electing directors, and considering resolutions on share repurchase and issuance mandates. The resolutions, if approved, would allow the company to repurchase up to 10% of its shares and issue additional shares up to 20% of the current total, potentially impacting its market operations and shareholder value.
AEON Stores (Hong Kong) Co., Limited has entered into two significant agreements with ATV Japan, namely the Master Licence Agreement and the Master Service Agreement, effective from 1 March 2025 to 31 December 2027. These agreements involve the licensing of TopValu Trademarks and provision of services at specified fees, marking a continuation of their business relationship. The transactions are classified as continuing connected transactions under the Listing Rules, necessitating approval from Independent Shareholders and compliance with reporting and review requirements. An Independent Board Committee and a financial adviser will guide the shareholders on the fairness of the proposed terms, with an Extraordinary General Meeting (EGM) scheduled to seek shareholder approval.
AEON Stores (Hong Kong) Co., Limited announced the retirement of two directors, Mr. Kenji Fujita and Mr. Chow Chi Tong, effective after the 2025 annual general meeting. Mr. Fujita is stepping down to focus on other business commitments, while Mr. Chow retires after nine years in accordance with corporate governance practices. The company has expressed gratitude for their contributions. Concurrently, the Board has nominated Ms. Wong Mei Ling as an independent non-executive director, subject to approval at the 2025 AGM. Ms. Wong brings over 30 years of experience in the accounting field and holds a master’s degree in finance. Her appointment is expected to enhance the company’s governance and strategic oversight.
AEON Stores (Hong Kong) Co., Limited reported its annual results for the year ending December 31, 2024, revealing a significant loss of HK$340.7 million compared to the previous year’s loss of HK$187.8 million. Despite a decrease in revenue and other income, the company experienced a slight improvement in other comprehensive income, driven by fair value gains on investments and favorable exchange differences, impacting its overall financial performance.
AEON Stores (Hong Kong) Co., Limited has announced that its board of directors will meet on March 28, 2025, to approve the final results for the year ending December 31, 2024, and to consider a final dividend recommendation. This meeting is significant for stakeholders as it will provide insights into the company’s financial performance and potential shareholder returns.
AEON Stores (Hong Kong) Co., Limited announced the successful passing of two ordinary resolutions at their Extraordinary General Meeting held on March 13, 2025. The resolutions involved the approval, confirmation, and ratification of the Master Services Agreement and the GC Master Agreement, with over 99% of votes in favor. This development indicates strong shareholder support for the company’s strategic agreements, potentially enhancing its operational capabilities and market positioning.
AEON Stores (Hong Kong) Co., Limited has entered into a Licence Agreement with AEON Credit, allowing the latter to use a shop for one year starting from February 28, 2025, at a monthly fee of HK$295,983. This transaction is classified as a continuing connected transaction under the Listing Rules, requiring annual review and disclosure but exempt from shareholder approval. The agreement reflects strategic collaboration within the AEON group, potentially enhancing operational synergies and market positioning.
AEON Stores (Hong Kong) Co., Limited has announced an extraordinary general meeting to be held on March 13, 2025, where shareholders will consider and vote on resolutions related to the approval and ratification of the Master Services Agreement and the GC Master Agreement. These agreements are significant for the company’s operations as they outline key transactions and set annual caps for these transactions, indicating potential strategic moves to enhance operational efficiency and stakeholder value.
AEON Stores (Hong Kong) Co., Limited has announced the renewal of its GC Master Agreement with AEON Credit, a subsidiary of its controlling shareholder AEON Co. This agreement, concerning the sale of AEON Stores Gift Certificates, constitutes a continuing connected transaction under the listing rules, requiring independent shareholder approval due to its scale. An Independent Board Committee and Financial Adviser have been appointed to ensure the terms are fair and reasonable, with a circular detailing the agreement to be sent to shareholders by February 28, 2025.
AEON Stores announces a discloseable transaction involving a lease agreement for premises in Guangzhou, China, for its subsidiary AEON GD to operate a general merchandise store. The agreement, valued at approximately RMB13 million as a right-of-use asset, is classified under the Listing Rules as a discloseable transaction, requiring notification and announcement but not shareholder approval, impacting the company’s asset acquisition and strategic positioning in the retail market.