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Hengdeli Holdings
(3389)
Hengdeli Holdings (3389) vs. iShares MSCI Hong Kong ETF (EWH)
Hengdeli Holdings Business Overview & Revenue Model
Hengdeli Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 777.51M | 1.04B | 1.42B | 1.04B | 877.99M | 1.22B |
| Gross Profit | 117.91M | 148.76M | 215.26M | 123.59M | 137.91M | -148.22M |
| EBITDA | -84.17M | -43.44M | 90.27M | -22.05M | 95.08M | -277.42M |
| Net Income | -36.35M | -65.16M | 33.88M | -80.02M | 26.28M | -383.08M |
Balance Sheet | ||||||
| Total Assets | 3.41B | 3.53B | 3.60B | 3.53B | 3.53B | 3.63B |
| Cash, Cash Equivalents and Short-Term Investments | 1.32B | 1.28B | 1.32B | 1.33B | 946.40M | 1.27B |
| Total Debt | 71.67M | 82.86M | 123.76M | 99.06M | 97.73M | 63.58M |
| Total Liabilities | 201.55M | 254.64M | 353.52M | 305.96M | 258.93M | 188.65M |
| Stockholders Equity | 3.14B | 3.21B | 3.19B | 3.16B | 3.20B | 3.37B |
Cash Flow | ||||||
| Free Cash Flow | 78.13M | -125.73M | -132.62M | 177.63M | -156.52M | 37.41M |
| Operating Cash Flow | 85.72M | -85.70M | 83.29M | 237.39M | -77.63M | 89.68M |
| Investing Cash Flow | 159.60M | 21.75M | -164.12M | 68.59M | -227.05M | 119.67M |
| Financing Cash Flow | -62.11M | -44.79M | -3.41M | -24.46M | -17.58M | -276.31M |
Hengdeli Holdings Technical Analysis
Hengdeli Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | HK$19.16B | 14.92 | 9.54% | 4.43% | 10.89% | 2.02% | |
70 Outperform | HK$1.65B | 9.06 | 10.00% | 9.67% | -9.00% | -21.55% | |
69 Neutral | HK$1.70B | 6.21 | 5.10% | 4.05% | 6.60% | -14.32% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
61 Neutral | HK$9.67B | 8.20 | 9.13% | 4.60% | -10.41% | 67.25% | |
50 Neutral | HK$801.53M | -18.67 | -1.15% | ― | -41.44% | -209.76% | |
48 Neutral | HK$809.45M | -2.51 | -7.92% | ― | -18.07% | -1041.89% |
Hengdeli Holdings Corporate Events
Empire Charm Limited’s voluntary unconditional general cash offer for Hengdeli Holdings Limited has closed, with valid acceptances received for approximately 995.7 million shares, representing about 22.61% of Hengdeli’s issued share capital. Following completion of the transfers, Empire Charm and its concert parties will increase their aggregate stake in Hengdeli from about 61.79% to roughly 80.69%, consolidating control and significantly reducing the public float, a development that may have implications for the company’s share liquidity and its future compliance with public float requirements under Hong Kong listing rules. The offer has not been revised or extended, and cash consideration to accepting shareholders is scheduled to be dispatched within seven business days after receipt of all required documents, with the final payments for acceptances received by the closing date to be made no later than 3 February 2026.
The most recent analyst rating on (HK:3389) stock is a Hold with a HK$0.17 price target. To see the full list of analyst forecasts on Hengdeli Holdings stock, see the HK:3389 Stock Forecast page.
Empire Charm Limited has launched a voluntary, unconditional general cash offer to acquire all issued shares of Hengdeli Holdings Limited that it and Ms. Fung do not already own, with Guotai Junan Securities (Hong Kong) Limited and CMBC Securities Company Limited acting as joint financial advisers. The composite offer document, detailing the offer terms, the independent board committee’s recommendation and an independent financial adviser’s opinion, was dispatched to shareholders on 2 January 2026, formally opening the offer period, which is currently scheduled to close on 23 January 2026 unless extended under takeover rules, setting a clear timetable for investors to decide on tendering their shares and potentially paving the way for a change in Hengdeli’s ownership structure.
The most recent analyst rating on (HK:3389) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on Hengdeli Holdings stock, see the HK:3389 Stock Forecast page.
Empire Charm Limited and Hengdeli Holdings Limited have jointly announced an extension of the deadline for sending shareholders the composite offer document relating to Empire Charm’s voluntary unconditional general cash offer for all Hengdeli shares it does not already own. The composite document, which will set out full details of the offer, the timetable, company information, an independent board committee recommendation, advice from an independent financial adviser and a property valuation report, is now expected to be dispatched no later than 2 January 2026, subject to regulatory consent, with both parties cautioning shareholders and potential investors to act carefully when dealing in the shares pending further announcements.
The most recent analyst rating on (HK:3389) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on Hengdeli Holdings stock, see the HK:3389 Stock Forecast page.
Hengdeli Holdings Limited has issued a supplemental announcement regarding the emoluments of its Chief Executive Officer, Mr. Cheung Wing Lun Tony, for the years 2021, 2022, and 2023. The announcement provides detailed figures for Mr. Cheung’s compensation, which includes salaries, allowances, and retirement benefit contributions, totaling RMB 1,727,000 in 2021, RMB 2,576,000 in 2022, and RMB 2,711,000 in 2023. This information supplements the company’s annual reports for the respective years, with no other changes to the reports.
The most recent analyst rating on (HK:3389) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on Hengdeli Holdings stock, see the HK:3389 Stock Forecast page.
Empire Charm Limited has made a voluntary unconditional general cash offer to acquire all issued shares of Hengdeli Holdings Limited, excluding those already owned by Empire Charm Limited and Ms. Fung. A clerical error was identified in the Chinese version of the joint announcement, but the English version remains accurate, and no other information has changed.
The most recent analyst rating on (HK:3389) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Hengdeli Holdings stock, see the HK:3389 Stock Forecast page.
Hengdeli Holdings Limited has announced a voluntary unconditional general cash offer by Empire Charm Limited, facilitated by GTJA Securities and CMBC Securities, to acquire all issued shares not already owned by Empire Charm Limited and Ms. Fung at HK$0.14 per share. This offer, which covers 2,289,871,035 shares, amounts to a total cash consideration of approximately HK$320,581,945. The acquisition aims to consolidate ownership and potentially impact the company’s market positioning and stakeholder interests.
The most recent analyst rating on (HK:3389) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Hengdeli Holdings stock, see the HK:3389 Stock Forecast page.
Hengdeli Holdings Limited has announced a trading halt in its shares on the Hong Kong Stock Exchange effective from 9.00 a.m. on November 26, 2025. This suspension is pending the release of an announcement related to inside information and is in accordance with the Hong Kong Code on Takeovers and Mergers.