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South Manganese Investment Limited
(Frankfurt:1091)
South Manganese Investment Limited (1091) vs. iShares MSCI Hong Kong ETF (EWH)
South Manganese Investment Limited Business Overview & Revenue Model
South Manganese Investment Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 13.21B | 17.13B | 16.03B | 12.83B | 4.37B |
| Gross Profit | 406.37M | 934.15M | 1.37B | 2.34B | 576.50M |
| EBITDA | 137.07M | 808.66M | 1.06B | 1.63B | 300.64M |
| Net Income | -725.07M | 64.14M | 336.09M | 454.58M | -457.85M |
Balance Sheet | |||||
| Total Assets | 8.79B | 11.37B | 11.45B | 10.98B | 9.06B |
| Cash, Cash Equivalents and Short-Term Investments | 402.33M | 1.15B | 1.18B | 1.05B | 1.13B |
| Total Debt | 3.95B | 5.12B | 4.46B | 4.11B | 4.57B |
| Total Liabilities | 6.81B | 8.54B | 8.62B | 7.94B | 6.51B |
| Stockholders Equity | 2.36B | 3.14B | 3.17B | 3.11B | 2.52B |
Cash Flow | |||||
| Free Cash Flow | 1.01B | -860.95M | -111.77M | 888.67M | 123.61M |
| Operating Cash Flow | 1.60B | -319.82M | 935.91M | 1.60B | 596.78M |
| Investing Cash Flow | -868.55M | -498.82M | -921.12M | -775.17M | -540.39M |
| Financing Cash Flow | -1.29B | 655.09M | 239.90M | -951.00M | -65.41M |
South Manganese Investment Limited Technical Analysis
South Manganese Investment Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | HK$24.53B | 12.38 | 17.83% | 2.66% | 36.51% | 66.77% | |
76 Outperform | HK$38.04B | 49.30 | 25.55% | 0.91% | 40.22% | 46.48% | |
58 Neutral | HK$16.63B | 4.29 | -4.93% | 4.55% | -5.74% | -81.55% | |
55 Neutral | $1.95B | ― | -5.26% | ― | 10.29% | 47.66% | |
51 Neutral | HK$1.73B | ― | -26.13% | ― | -22.90% | -1231.02% | |
49 Neutral | HK$575.54M | ― | -9999.00% | ― | -27.61% | 84.83% | |
36 Underperform | HK$1.46B | ― | -4.73% | ― | ― | 39.02% |
South Manganese Investment Limited Corporate Events
South Manganese Investment Limited has announced a significant turnaround in its financial performance for the first half of 2025, expecting a profit of not less than HK$150 million compared to a loss of HK$162.8 million in the same period of 2024. This positive shift is attributed to the optimization of the trade product mix, effective cost control measures, and reduced impairment losses, signaling improved operational efficiency and financial health.
South Manganese Investment Limited has completed the placement of 822,830,160 new shares to Honor Aim Limited, making it a substantial shareholder with a 16.67% stake. The net proceeds of approximately HK$180.44 million from this placement will be used to repay the company’s outstanding bank borrowings, impacting its financial stability and shareholder structure.
South Manganese Investment Limited announced a supplemental update on its plan to place new shares under a general mandate, aiming to raise approximately HK$180.44 million net proceeds. The funds will be used to repay outstanding bank borrowings, thereby improving the company’s financial stability and potentially enhancing its market position.
South Manganese Investment Limited announced the successful approval of a debt reduction proposal during its special general meeting held on July 9, 2025. The resolution received overwhelming support, with nearly all votes cast in favor, indicating strong shareholder backing for the company’s financial restructuring efforts. This move is expected to enhance the company’s financial stability and potentially improve its market position.
South Manganese Investment Limited has announced a placing of new shares under a general mandate, with the aim of raising approximately HK$180.44 million in net proceeds. The funds will be used to repay the company’s outstanding bank borrowings, potentially improving its financial stability and operational flexibility.
South Manganese Investment Limited has announced a Special General Meeting (SGM) scheduled for July 9, 2025, to consider and approve a debt reduction proposal. This move indicates the company’s strategic efforts to improve its financial health, which could potentially enhance its market position and benefit stakeholders by reducing financial liabilities.
South Manganese Investment Limited announced the current composition of its board of directors and their roles within the company. The announcement includes details about the executive, non-executive, and independent non-executive directors, as well as their membership in various board committees, effective from June 10, 2025. This update provides clarity on the governance structure and could impact the company’s strategic direction and stakeholder confidence.
South Manganese Investment Limited has announced the appointment of Mr. Wu Qi as the chairman of its nomination committee, effective from June 10, 2025. This strategic appointment is expected to enhance the governance and leadership structure of the company, potentially impacting its operational efficiency and stakeholder confidence.
South Manganese Investment Limited announced the results of its Annual General Meeting held on June 6, 2025. All resolutions, including the re-election of several directors and the authorization for the board to fix directors’ and auditors’ remuneration, were passed with significant majorities. The approval of these resolutions reflects strong shareholder support and is expected to ensure stability in the company’s governance and operations.
South Manganese Investment Limited has announced a debt reduction proposal approved by its Board, aiming to enhance its credit rating and improve financial flexibility. The proposal involves using available free cash flows to repay debts and optimize the debt structure, targeting a reduction in indebtedness by RMB300 million to RMB500 million annually and lowering the gearing ratio to 50% or below within five years.
South Manganese Investment Limited has announced the composition of its board of directors and the roles within its board committees, effective from May 20, 2025. This announcement provides clarity on the governance structure of the company, potentially impacting its strategic direction and stakeholder relations.
South Manganese Investment Limited announced the resignation of Mr. Zhang Yupeng as an independent non-executive director, effective May 20, 2025, due to personal development and business commitments. Consequently, the resolution for his re-election will be withdrawn from the upcoming annual general meeting agenda. The company expressed gratitude for Mr. Zhang’s contributions and will announce a new chairman for the Nomination Committee in due course.
South Manganese Investment Limited announced the results of its Special General Meeting held on May 16, 2025, where shareholders overwhelmingly approved the Guangxi Dameng Sales and Purchase Framework Agreements. These agreements, which received over 99.99% approval, are expected to enhance the company’s operational capabilities and strengthen its market position within the manganese industry.
South Manganese Investment Limited has announced a significant reduction in the annual fees for its directors, decreasing from HK$300,000 to HK$50,000, effective June 1, 2025. This decision, approved by the board, reflects the company’s response to current market conditions and aims to align with prevailing director fee levels, benefiting the company and its shareholders.
South Manganese Investment Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 6, 2025, in Hong Kong. Key agenda items include reviewing the audited financial statements for 2024, re-electing directors, and authorizing the board to set remuneration for directors and auditors. Additionally, the company seeks approval to issue new shares and securities, which could impact its capital structure and shareholder value.