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Link-Asia International Medtech Group Ltd.
(1143)
Link-Asia International Medtech Group Ltd. (1143) vs. iShares MSCI Hong Kong ETF (EWH)
Link-Asia International Medtech Group Ltd. Business Overview & Revenue Model
Link-Asia International Medtech Group Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 479.32M | 502.00M | 529.25M | 675.52M | 595.02M |
| Gross Profit | 123.60M | 136.87M | 101.40M | 144.89M | 154.71M |
| EBITDA | 4.78M | 40.49M | -14.06M | -4.54M | -116.52M |
| Net Income | 8.04M | 5.26M | -54.04M | -46.40M | -173.05M |
Balance Sheet | |||||
| Total Assets | 880.14M | 776.42M | 659.23M | 677.98M | 657.40M |
| Cash, Cash Equivalents and Short-Term Investments | 312.05M | 271.57M | 252.21M | 146.80M | 167.66M |
| Total Debt | 86.60M | 26.75M | 51.08M | 61.20M | 70.19M |
| Total Liabilities | 343.25M | 287.69M | 297.22M | 311.98M | 361.47M |
| Stockholders Equity | 536.53M | 486.66M | 359.86M | 365.88M | 295.46M |
Cash Flow | |||||
| Free Cash Flow | -75.67M | -132.09M | 99.60M | -122.55M | -45.85M |
| Operating Cash Flow | -73.19M | -129.29M | 107.55M | -100.45M | -15.04M |
| Investing Cash Flow | 49.83M | 39.98M | -547.00K | 3.31M | -96.19M |
| Financing Cash Flow | 66.31M | 101.84M | 2.20M | 74.19M | 35.17M |
Link-Asia International Medtech Group Ltd. Technical Analysis
Link-Asia International Medtech Group Ltd. Peers Comparison
Link-Asia International Medtech Group Ltd. Corporate Events
China Energy Storage Technology Development Limited has announced a change in its executive leadership. Ms. Lin Xiaoshan has resigned from her position as executive director to focus on other business commitments, and Ms. Wu Jingjing has been appointed as her successor. Ms. Wu brings over a decade of experience in corporate publicity planning and marketing management, which is expected to enhance the company’s strategic communications and market presence. Her appointment is anticipated to support the company’s growth and strengthen its industry positioning.
China Energy Storage Technology Development Limited, formerly known as Link-Asia International MedTech Group Ltd., has announced its updated list of directors and their roles within the company. The board comprises executive directors, including Mr. Lin Dailian as Chairman, and independent non-executive directors. The announcement details the composition of three key board committees, highlighting the leadership and membership roles of the directors. This restructuring could potentially impact the company’s governance and strategic direction, influencing its positioning in the energy storage sector.
China Energy Storage Technology Development Limited has announced the establishment of a new wholly-owned subsidiary, Telefield (Cambodia) Electronic Company Limited (TCE), in Cambodia. This strategic move aims to capitalize on tax benefits for importing materials from China and exporting products to the US, with an investment of approximately USD 5 million planned over the next 12 months. The company expects mass production to commence by the end of 2025, potentially expanding its customer base in the US market.
China Energy Storage Technology Development Limited has announced an extension of the Long Stop Date for the placing of new shares under a general mandate. The extension, agreed upon with the Joint Placing Agent, moves the deadline from July 15, 2025, to July 29, 2025, allowing more time to fulfill conditions precedent in the Joint Placing Agreement. The directors believe the extension is commercially reasonable and in the best interests of the company and its shareholders. The placing may still be subject to conditions, and stakeholders are advised to exercise caution.
Link-Asia International Medtech Group Ltd. has announced a placing agreement to issue up to 44,856,000 new shares, representing about 20% of its current share capital, at a price of HK$0.33 per share. This move is expected to raise approximately HK$14.5 million in net proceeds, which the company plans to use for acquiring energy storage products. The shares will be placed with at least six independent third-party investors, and the transaction is subject to certain conditions being met, indicating potential implications for the company’s financial strategy and market positioning.
China Energy Storage Technology Development Limited announced the lapse of its proposed change in board lot size, which was initially intended to increase from 4,000 shares to 8,000 shares. This decision follows the lapse of the Rights Issue, indicating a strategic shift that may impact the company’s market operations and investor relations.
China Energy Storage Technology Development Limited, formerly known as Link-Asia International MedTech Group Ltd., held its annual general meeting on June 20, 2025, where all proposed resolutions were passed unanimously. The resolutions included the adoption of audited accounts, reappointment of auditors, re-election of directors, and granting of mandates to the board for issuing and repurchasing shares. This unanimous approval reflects strong shareholder confidence in the company’s leadership and strategic direction.
China Energy Storage Technology Development Limited, formerly known as Link-Asia International MedTech Group Ltd., announced the lapse of a major transaction and a proposed rights issue. The company stated that the conditions for both the Assignment and the Rights Issue could not be fulfilled by their respective deadlines, leading to their termination. Despite these lapses, the company does not foresee any material adverse effects on its financial position and plans to explore other business or fundraising opportunities to improve its financial standing.
China Energy Storage Technology Development Limited, formerly known as Link-Asia International MedTech Group Ltd., is involved in the energy storage technology sector. The company has announced updates regarding its proposed rights issue, change in board lot size, and a major transaction related to the assignment of distribution rights. The company is still in negotiations to amend the terms of these proposed transactions and has not yet decided whether to proceed. Shareholders and potential investors are advised to exercise caution.
Link-Asia International Medtech Group Ltd., now known as China Energy Storage Technology Development Limited, is involved in a major transaction concerning the assignment of distribution rights and a proposed rights issue. The company announced a further delay in the dispatch of a circular related to these transactions, pushing the expected date to June 5, 2025. This delay affects the timetable for the rights issue and associated events, potentially impacting shareholder engagement and the company’s strategic initiatives.
China Energy Storage Technology Development Limited, previously known as Link-Asia International MedTech Group Ltd., has announced its annual general meeting scheduled for June 20, 2025, in Hong Kong. The meeting will address several resolutions including the adoption of the company’s audited accounts for 2024, reappointment of auditors, re-election of executive directors, and authorizing the board to issue additional shares. These resolutions are aimed at strengthening the company’s governance and operational capabilities.