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Enterprise Development Holdings Limited
(1808)
Enterprise Development Holdings Limited (1808) vs. iShares MSCI Hong Kong ETF (EWH)
Enterprise Development Holdings Limited Business Overview & Revenue Model
Enterprise Development Holdings Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 408.58M | 60.65M | 47.91M | 40.83M | 70.84M |
| Gross Profit | 46.01M | 26.05M | 20.82M | 16.51M | 17.58M |
| EBITDA | -19.21M | 7.22M | -24.85M | -22.00M | -20.27M |
| Net Income | 72.74M | 5.55M | -25.01M | -30.73M | -25.32M |
Balance Sheet | |||||
| Total Assets | 560.08M | 302.76M | 202.98M | 211.58M | 190.53M |
| Cash, Cash Equivalents and Short-Term Investments | 294.76M | 232.31M | 111.99M | 126.97M | 110.16M |
| Total Debt | 34.80M | 23.06M | 16.71M | 10.83M | 12.23M |
| Total Liabilities | 138.96M | 38.62M | 35.86M | 30.74M | 32.42M |
| Stockholders Equity | 369.02M | 212.89M | 113.55M | 124.58M | 94.91M |
Cash Flow | |||||
| Free Cash Flow | -78.28M | -18.73M | -27.79M | -36.15M | 3.61M |
| Operating Cash Flow | -65.64M | -12.54M | -25.62M | -33.85M | 4.70M |
| Investing Cash Flow | -32.76M | -6.06M | -1.94M | -2.12M | -851.00K |
| Financing Cash Flow | 78.77M | 92.88M | 10.91M | 53.20M | 32.22M |
Enterprise Development Holdings Limited Technical Analysis
Enterprise Development Holdings Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$746.96M | 9.12 | 21.41% | 13.62% | -7.12% | -18.63% | |
63 Neutral | $6.92B | 18.42 | -1.93% | 6.88% | 4.65% | -25.39% | |
59 Neutral | HK$1.64B | 17.98 | 22.89% | ― | 14.65% | -31.40% | |
56 Neutral | HK$842.42M | 10.14 | 25.16% | ― | 561.25% | 639.47% | |
55 Neutral | HK$306.74M | ― | -12.13% | ― | 11.48% | -19.34% | |
45 Neutral | HK$512.98M | 2.14 | -3.10% | ― | -21.51% | -116.36% |
Enterprise Development Holdings Limited Corporate Events
Enterprise Development Holdings Limited announced that all resolutions proposed at its Annual General Meeting on June 20, 2025, were successfully passed through poll voting. The resolutions included re-electing directors, authorizing board remuneration, reappointing auditors, and granting mandates for share allotment and repurchase, reflecting strong shareholder support and potentially enhancing the company’s operational flexibility.
Enterprise Development Holdings Limited, through its wholly-owned subsidiary EDHK, has purchased 13,000 Tesla shares at a total cost of approximately US$4.09 million. This acquisition is part of the company’s strategy to capitalize on Tesla’s recent share price performance, aiming to reduce holding costs and enhance returns for shareholders. The transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, as it exceeds 5% but is less than 25% of the applicable percentage ratios. The purchase was made using the company’s internal resources and margin financing, and the sellers are considered independent third parties.
Enterprise Development Holdings Limited has announced a further delay in the dispatch of a circular related to major transactions and disposals involving securities and cryptocurrencies. The circular, which includes details on purchases and disposals of shares in companies like Tesla, Boeing, and Meta, as well as mandates for cryptocurrency acquisitions and disposals, is now expected to be dispatched by July 31, 2025, due to the need for additional time to finalize the necessary information.
Enterprise Development Holdings Limited announced a change in the use of proceeds from a recent share placement, originally intended for investment in artificial intelligence data center projects. Due to market uncertainties and lack of progress in the initial investment plans, the company has decided to redirect the remaining funds towards expanding its software licensing and artificial intelligence server sales businesses, with plans to utilize the funds by the end of 2025.
Enterprise Development Holdings Limited, through its subsidiary Beijing Enterprise Edge Computing, has entered into a partnership agreement with two other entities for a capital injection into Qitong Fuyuan. The agreement involves a total capital contribution of RMB120 million, with Beijing Enterprise Edge Computing contributing RMB50 million, making it the managing partner with a 41.67% interest. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, requiring specific reporting and announcement obligations.
Enterprise Development Holdings Limited has identified breaches in compliance with the Listing Rules due to inadequate internal controls over the reporting of securities transactions. The company failed to adopt a systematic approach to track and report purchases and disposals of listed securities, leading to non-compliance with disclosure requirements. The oversight resulted in certain transactions being mistakenly disregarded, but the issue was later discovered during a review of trading activities.
Enterprise Development Holdings Limited announced the disposal of Meta and TEM shares by its wholly-owned subsidiary, EDHK, during early 2025. The Meta shares were sold at an average price of USD685.03, totaling approximately USD4.8 million, while TEM shares were sold at an average price of USD65.13, totaling approximately USD4 million. These disposals are classified as discloseable transactions under the Hong Kong Stock Exchange Listing Rules, indicating a significant shift in the company’s investment strategy, potentially impacting its market positioning and stakeholder interests.
Enterprise Development Holdings Limited announced a further delay in the dispatch of a circular related to major transactions, including acquisitions and disposals of securities and cryptocurrencies. The delay, now extended to on or before May 30, 2025, is due to the need for additional time to finalize necessary information, impacting stakeholders by postponing the expected timeline for these significant financial activities.
Enterprise Development Holdings Limited has announced its upcoming Annual General Meeting (AGM), scheduled for June 20, 2025, in Hong Kong. Key agenda items include the consideration of audited financial statements for 2024, re-election of independent non-executive directors, and re-appointment of auditors. Additionally, the company seeks approval to allot and issue new shares, not exceeding 20% of the current issued shares, to potentially enhance its capital structure and operational flexibility.