Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 786.94M | 471.78M | 837.90M | 1.28B | 722.21M |
Gross Profit | 74.10M | 61.74M | 85.83M | 153.21M | 125.98M |
EBITDA | 31.04M | -174.34M | 27.47M | 145.62M | 153.91M |
Net Income | -45.45M | -383.29M | -90.15M | 16.29M | 22.90M |
Balance Sheet | |||||
Total Assets | 2.09B | 2.24B | 2.96B | 2.98B | 2.66B |
Cash, Cash Equivalents and Short-Term Investments | 26.66M | 21.35M | 222.36M | 272.87M | 373.00M |
Total Debt | 882.72M | 690.01M | 819.78M | 734.73M | 664.47M |
Total Liabilities | 2.06B | 2.15B | 2.43B | 2.32B | 2.05B |
Stockholders Equity | 29.60M | 82.94M | 475.55M | 599.93M | 562.37M |
Cash Flow | |||||
Free Cash Flow | -408.29M | -24.61M | -19.77M | -192.14M | -206.59M |
Operating Cash Flow | -408.29M | -1.16M | 35.67M | -2.17M | -111.62M |
Investing Cash Flow | 247.37M | 77.19M | -167.75M | -266.58M | -69.95M |
Financing Cash Flow | 164.05M | -166.63M | 130.71M | 47.02M | 381.36M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
60 Neutral | HK$94.20M | 12.17 | 1.60% | ― | -4.52% | 55.30% | |
53 Neutral | $1.19B | 3.42 | 0.13% | 7.14% | -2.13% | -128.06% | |
45 Neutral | HK$50.08M | 22.95 | ― | 9.61% | ― | ||
43 Neutral | HK$54.72M | ― | ― | 66.80% | 88.14% | ||
32 Underperform | HK$45.82M | ― | ― | -8.62% | -151.60% |
Jiu Rong Holdings Limited, a company incorporated in the Cayman Islands, has announced an extension of the deadline for entering into a sale and purchase agreement concerning the potential disposal of a subsidiary. This extension, agreed upon by both the buyer and seller, moves the deadline to December 31, 2025, allowing more time to finalize transaction details. The company believes this extension is in the best interest of its shareholders as it could enable the reallocation of resources and reduction of the group’s gearing, potentially leading to a very substantial disposal under Chapter 14 of the Listing Rules.
Jiu Rong Holdings Limited has established a Nomination Committee to enhance the governance and transparency of its board appointments. The committee, consisting of at least three members with a majority being independent non-executive directors, is tasked with reviewing the board’s structure and diversity, assessing the independence of directors, and making recommendations on appointments and succession planning. This move aims to align the company’s board composition with its corporate strategy and ensure effective leadership.
Jiu Rong Holdings Limited, incorporated in the Cayman Islands, held an Extraordinary General Meeting (EGM) where shareholders approved a major transaction mandate for the disposal of listed securities. The company plans to sell up to 92,430,000 shares of Sundy Service Group Co. Ltd. on the open market within a 12-month period, subject to certain conditions including minimum selling price and market capitalization limits. This decision could potentially impact the company’s financial strategy and market positioning.
Jiu Rong Holdings Limited announced the successful approval of a major transaction at their Extraordinary General Meeting held on June 13, 2025. The resolution involved the disposal of approximately 5.22% of the total issued share capital in Hangzhou East Software Park Co., Ltd. for RMB36,487,800 to Hangzhou Yihe Network Co., Ltd. This transaction is expected to impact the company’s financials and strategic positioning within the industry.
Jiu Rong Holdings Limited has announced a potential disposal of its new energy bus charging stations in Hangzhou, China, as part of a strategic shift from capital-intensive physical assets to an asset-light model. This move aims to optimize working capital and improve financial resources, allowing the company to focus on existing or new business ventures and reduce its financial gearing.
Jiu Rong Holdings Limited has announced an extraordinary general meeting scheduled for June 13, 2025, to approve the disposal of approximately 5.22% of its shareholding in Hangzhou East Software Park Co., Ltd. The transaction, valued at RMB36,487,800, involves Jiu Rong’s subsidiary, Jiu Rong New Energy Science and Technology Limited, and Hangzhou Yihe Network Co., Ltd. This move is part of the company’s strategic decision to optimize its investment portfolio, potentially impacting its financial positioning and stakeholder interests.
Jiu Rong Holdings Limited has announced an extraordinary general meeting to discuss the disposal of up to 92,430,000 shares in Sundy Service Group Co. Ltd., a company listed on the Hong Kong Stock Exchange. The resolution seeks approval for these disposals under specific conditions, including price constraints and limits on the total proceeds relative to the company’s market capitalization. This move could potentially impact Jiu Rong Holdings’ financial strategy and market positioning, providing the company with greater flexibility in managing its investment portfolio.
Jiu Rong Holdings Limited has announced a further delay in the dispatch of circulars related to major transactions, including the disposal of sale shares and a mandate for the disposal of listed securities. The company cites the need for additional time to prepare and finalize necessary information, with the new expected dispatch date set on or before May 26, 2025. This delay may impact stakeholders’ expectations and the company’s operational timelines.
Jiu Rong Holdings Limited has announced a further delay in the dispatch of circulars related to significant transactions, including the disposal of sale shares and a mandate for the disposal of listed securities. The company cites the need for additional time to prepare and finalize necessary information as the reason for postponing the dispatch date to on or before April 25, 2025. This delay may impact the company’s operations and stakeholders as it involves major transactions and compliance with listing rules.