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Hilong Holding Ltd.
(Frankfurt:1623)
Hilong Holding Ltd. (1623) vs. iShares MSCI Hong Kong ETF (EWH)
Hilong Holding Ltd. Business Overview & Revenue Model
Hilong Holding Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.53B | 4.67B | 4.25B | 3.74B | 2.92B | 2.62B |
| Gross Profit | 944.91M | 1.12B | 915.47M | 1.07B | 898.32M | 693.98M |
| EBITDA | 494.63M | 665.60M | 825.86M | 819.81M | 703.15M | 404.84M |
| Net Income | -341.96M | 28.27M | 148.66M | 140.98M | 44.25M | -298.70M |
Balance Sheet | ||||||
| Total Assets | 7.58B | 8.08B | 7.96B | 7.80B | 7.07B | 7.37B |
| Cash, Cash Equivalents and Short-Term Investments | 740.18M | 934.21M | 958.78M | 869.65M | 818.06M | 875.17M |
| Total Debt | 2.50B | 2.71B | 2.89B | 3.13B | 3.06B | 3.15B |
| Total Liabilities | 4.63B | 4.82B | 4.63B | 4.45B | 4.03B | 4.25B |
| Stockholders Equity | 2.95B | 3.26B | 3.34B | 3.32B | 3.02B | 3.07B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 143.22M | -41.21M | 417.07M | 312.51M | -42.22M |
| Operating Cash Flow | 0.00 | 421.56M | 219.72M | 556.15M | 453.81M | 20.53M |
| Investing Cash Flow | 0.00 | -193.63M | 286.36M | -103.10M | -23.55M | -24.75M |
| Financing Cash Flow | 0.00 | -378.26M | -495.47M | -320.97M | -492.44M | -56.62M |
Hilong Holding Ltd. Technical Analysis
Hilong Holding Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | HK$4.05B | 12.02 | 6.94% | 1.98% | 10.16% | 49.48% | |
59 Neutral | €359.64M | 8.67 | -11.09% | ― | -2.11% | -779.00% | |
52 Neutral | HK$4.55B | -15.06 | -8.88% | ― | 38.25% | 14.55% | |
49 Neutral | HK$329.32M | -7.08 | -10.18% | ― | 0.97% | 33.70% | |
48 Neutral | HK$119.14M | -4.08 | -10.29% | ― | -36.59% | 48.63% | |
48 Neutral | HK$9.49B | -386.50 | -5.86% | 0.63% | 4.66% | -432.65% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
Hilong Holding Ltd. Corporate Events
Hilong Holding Limited has announced its 2025 Annual General Meeting scheduled for June 20, 2025, in Shanghai, China. Key agenda items include the re-election of directors, approval of financial statements, and a resolution to authorize share repurchases up to 10% of the company’s issued shares. This meeting is significant as it addresses corporate governance and strategic financial decisions, potentially impacting shareholder value and company operations.
Hilong Holding Ltd., a company incorporated in the Cayman Islands, has provided a supplemental announcement regarding its continuing connected transactions and internal control review. The company has faced non-compliance issues related to reporting connected transactions, which were identified during an internal audit. As part of remedial actions, Hilong engaged an independent consultant to enhance its internal controls, focusing on corporate governance and financial reporting. The company aims to address these issues to comply with stock exchange requirements and improve its operational transparency.
Hilong Holding Limited has announced a quarterly update on its resumption status and continued suspension of trading. Despite the suspension, the company continues its business operations as usual. The company has conducted an independent investigation into certain transactions, published its outstanding financial results, and is addressing queries from the Stock Exchange to meet the resumption guidance and resume trading.
Hilong Holding Limited reported its annual results for the year ended December 31, 2024, showing a 9.8% increase in revenue to approximately RMB4,668.3 million and a 22.5% rise in gross profit to RMB1,121.8 million. However, the company’s profit for the year significantly decreased by 82.4% to RMB30.1 million compared to the previous year, attributed to increased expenses and impairment losses. The Board decided not to recommend any dividend for the year, and trading remains suspended, which could impact stakeholders’ confidence.
Hilong Holding Limited, a company incorporated in the Cayman Islands, has announced the date for its board meeting, which is set for March 28, 2025. The meeting will focus on considering and approving the annual results for the year ended December 31, 2024. Additionally, the company has stated that the suspension of trading in its shares, which began on April 2, 2024, will continue until further notice. Stakeholders are advised to exercise caution when dealing with the company’s securities.
Hilong Holding Limited announced that trading in its shares on the Hong Kong Stock Exchange remains suspended. The announcement follows disciplinary actions involving Dr. Fan Ren Da Anthony, a non-executive director, related to his past role in another company, Hong Kong Resources Holdings. Despite ongoing legal proceedings, the board believes Dr. Fan’s ability to serve as a director is not compromised. The company advises shareholders and potential investors to exercise caution.
Hilong Holding Ltd. has announced a series of continuing connected transactions following the reclassification of Technomash from a subsidiary to a connected entity. This transition necessitated compliance with Chapter 14A of the Listing Rules, which the company initially overlooked, resulting in a delayed disclosure of the Drill Pipe Supply Agreement. Additionally, the company has consolidated MTC’s financial statements into its group accounts, affecting its transactions with Technomash and Pipeline Surgut. The termination of the MTC Transaction Agreements, which exceeded the 5% threshold for connected transactions, highlights an oversight in obtaining necessary shareholder approvals, impacting the company’s compliance and reporting obligations.