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China SCE Group Holdings
(OTC:1966)
China SCE Group Holdings (1966) vs. iShares MSCI Hong Kong ETF (EWH)
China SCE Group Holdings Business Overview & Revenue Model
China SCE Group Holdings Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 40.77B | 20.96B | 26.71B | 37.74B | 32.57B |
| Gross Profit | 6.24B | 2.63B | 4.42B | 8.17B | 7.86B |
| EBITDA | 4.39B | 198.99M | 1.47B | 5.13B | 5.06B |
| Net Income | -7.86B | -7.99B | 24.54M | 3.07B | 3.80B |
Balance Sheet | |||||
| Total Assets | 128.29B | 167.89B | 193.96B | 195.01B | 170.61B |
| Cash, Cash Equivalents and Short-Term Investments | 3.08B | 5.23B | 9.55B | 16.97B | 19.23B |
| Total Debt | 37.83B | 40.86B | 44.17B | 50.54B | 46.92B |
| Total Liabilities | 117.72B | 147.41B | 157.34B | 152.31B | 131.46B |
| Stockholders Equity | 1.70B | 9.72B | 19.71B | 21.79B | 21.00B |
Cash Flow | |||||
| Free Cash Flow | -541.54M | 5.02B | 16.30B | -3.78B | -214.81M |
| Operating Cash Flow | -498.71M | 5.09B | 16.43B | -3.69B | -140.19M |
| Investing Cash Flow | 429.41M | 4.04B | -2.60B | 1.28B | -4.32B |
| Financing Cash Flow | -1.24B | -13.39B | -21.25B | 1.13B | 2.49B |
China SCE Group Holdings Technical Analysis
China SCE Group Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | HK$21.08B | 12.26 | 0.81% | 4.51% | 2.72% | -47.45% | |
45 Neutral | $510.98M | ― | -136.31% | ― | 88.91% | 1.89% | |
45 Neutral | HK$445.58M | ― | -3320.67% | ― | -38.66% | -263.64% | |
43 Neutral | HK$421.40M | ― | ― | -71.37% | -26.11% | ||
39 Underperform | HK$396.44M | ― | ― | -55.88% | -10.72% | ||
35 Underperform | HK$418.82M | ― | -280.53% | ― | -65.67% | -243.14% | |
20 Underperform | HK$565.09M | ― | -25.88% | ― | 24.01% | -103.87% |
China SCE Group Holdings Corporate Events
China SCE Group Holdings Limited has made significant progress in its offshore debt restructuring efforts by signing a restructuring support agreement (RSA) with key stakeholders, representing a substantial portion of its outstanding debt. This agreement marks a critical step towards stabilizing the company’s financial structure and ensuring liquidity, inviting remaining creditors to support the proposed restructuring plan, which aims to address existing notes and loans through a scheme of arrangement in applicable jurisdictions.
China SCE Group Holdings Limited announced that the British Virgin Islands Court has approved the withdrawal of the Liquidation Application against Affluent Way. This development signifies a positive turn for the company, potentially stabilizing its operations and reassuring stakeholders about its financial health.
China SCE Group Holdings Limited has announced the composition of its board of directors, effective from June 23, 2025. The board includes both executive and independent non-executive directors, with Mr. Wong Chiu Yeung serving as Chairman. The board has established four committees: Audit, Remuneration, Nomination, and Corporate Governance, with various directors assigned to these committees. This reorganization is likely to impact the company’s governance structure and may influence its strategic direction.
China SCE Group Holdings Limited has announced updates to the terms of reference for its Nomination Committee, effective from June 23, 2025. The changes emphasize the inclusion of independent non-executive directors and gender diversity, reflecting the company’s commitment to enhancing governance and inclusivity in its board structure.
China SCE Group Holdings Limited has announced changes to its Nomination Committee effective from June 23, 2025. These changes, including the appointment of Ms. Zhang Haitao and the redesignation of Mr. Dai Yiyi as chairman, align with upcoming amendments to the Hong Kong Stock Exchange’s Listing Rules and Corporate Governance Code. The company aims to enhance the effectiveness and diversity of its corporate governance practices through these adjustments.
China SCE Group Holdings Limited has announced a change in its principal place of business in Hong Kong, which will be relocated to a new address in Wong Chuk Hang, effective from June 18, 2025. This move may indicate strategic realignment or operational adjustments within the company’s Hong Kong operations, potentially impacting its logistical and administrative functions.
China SCE Group Holdings Limited announced that a liquidation application has been filed against its wholly-owned subsidiary, Affluent Way International Limited, by Arkkan Opportunities Fund Ltd due to non-payment of principal and interest on senior notes. The company believes that the application does not reflect the interests of its stakeholders and plans to oppose it legally. Despite the filing, the company asserts that there will be no significant impact on its operations and is working on a comprehensive solution to ensure sustainable operations while engaging with offshore creditors.
China SCE Group Holdings Limited announced that all resolutions proposed at their Annual General Meeting were passed by shareholders through a poll. The resolutions included the approval of the company’s audited financial statements for the year ended December 31, 2024, the re-election of several directors, the re-appointment of auditors, and the granting of mandates to the directors to manage the company’s shares. This successful approval of resolutions reflects strong shareholder support and positions the company to continue its strategic initiatives and governance practices.