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Asian Citrus Holdings
(OTC:0073)
Asian Citrus Holdings (0073) vs. S&P 500 (SPY)
Asian Citrus Holdings Business Overview & Revenue Model
Asian Citrus Holdings Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 168.63M | 113.78M | 150.79M | 204.55M | 459.13M | Gross Profit |
| 7.40M | 10.11M | 24.81M | 40.04M | 81.35M | EBIT |
| -20.95M | -24.43M | -16.89M | 6.89M | 32.94M | EBITDA |
| -12.37M | -17.37M | -9.25M | 14.83M | 41.63M | Net Income Common Stockholders |
| -25.61M | -58.73M | -20.70M | 3.99M | 24.77M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 45.70M | 48.28M | 48.10M | 167.88M | 31.50M | Total Assets |
| 160.07M | 188.11M | 230.59M | 266.32M | 159.09M | Total Debt |
| 16.95M | 8.34M | 88.00K | 0.00 | 1.20M | Net Debt |
| 148.00K | -17.76M | -48.01M | -167.88M | -30.30M | Total Liabilities |
| 23.09M | 40.15M | 29.07M | 51.80M | 29.36M | Stockholders Equity |
| 136.98M | 147.96M | 201.52M | 214.53M | 129.73M |
| Cash Flow | Free Cash Flow | |||
| -25.53M | -36.41M | -49.98M | 57.24M | 14.67M | Operating Cash Flow |
| -24.20M | -22.79M | -44.10M | 62.28M | 16.66M | Investing Cash Flow |
| 4.63M | -18.79M | -76.22M | -4.72M | -1.93M | Financing Cash Flow |
| 10.39M | 16.89M | -17.00K | 80.29M | -1.22M |
Asian Citrus Holdings Technical Analysis
Asian Citrus Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $2.47B | 6.83 | 15.69% | 21.14% | 18.75% | 56.65% | |
71 Outperform | HK$20.35B | 11.53 | 10.17% | 3.99% | -8.91% | -34.40% | |
64 Neutral | $8.89B | 14.71 | 5.02% | 174.26% | 3.57% | 3.84% | |
54 Neutral | €940.64M | ― | -57.13% | ― | 21.84% | 6.71% | |
44 Neutral | HK$291.41M | 11.84 | 13.05% | ― | -2.96% | ― | |
35 Underperform | €60.55M | ― | ― | 33.31% | -265.50% | ||
31 Underperform | $25.03M | ― | -20.62% | ― | -6.38% | 54.30% |
Asian Citrus Holdings Corporate Events
Asian Citrus Holdings Limited announced the further disposal of 1,990 shares of a listed security, CEP, resulting in a gain of approximately US$26,000. This transaction, aggregated with a previous disposal, constitutes a discloseable transaction under Hong Kong’s Listing Rules, indicating a strategic move to optimize the company’s investment portfolio and enhance its financial position.
Asian Citrus Holdings Limited, through its subsidiary Cheer Kind, has engaged in a discloseable transaction involving the acquisition and subsequent disposal of CEP shares. On 30 April 2025, the company acquired 6,700 CEP shares at an average price of US$39.29 per share, totaling approximately US$263,000. The following day, on 1 May 2025, the company disposed of 4,700 CEP shares at an average price of US$49.32 per share, garnering approximately US$232,000. These transactions are subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules due to the applicable percentage ratios. The acquisition and disposal were conducted in the open market with counterparties identified as Independent Third Parties.
Asian Citrus Holdings Limited has announced an extension to a loan agreement involving its subsidiary, Shenzhen City Jiu Yuan Wan Jiang Huitu Technology Limited, and Qichun Aimu Technology Company Limited. The maturity date of the loan has been extended to December 31, 2025, with an increased interest rate of 5% per annum. This transaction is classified as both a discloseable and connected transaction under the Hong Kong Listing Rules, due to the involvement of Hangzhou Leshu Digital Technology Co., Ltd., which holds a 49% equity stake in the borrower. The agreement is expected to have implications for the company’s financial arrangements and stakeholder interests, although it is exempt from certain regulatory requirements due to its fair and reasonable terms.
Asian Citrus Holdings Limited has announced a supplemental agreement regarding the extension of a loan, which was initially disclosed in a previous announcement. The company conducted a thorough credit risk assessment, determining that the risks associated with the loan are low due to the borrower’s sufficient assets and the guarantor’s strong net worth. The loan terms, negotiated at arm’s length, offer more favorable interest income compared to fixed deposits in Hong Kong banks, making it a beneficial financial move for the company. The board believes the terms are fair and in the best interest of the company and its shareholders.
Asian Citrus Holdings Limited reported a significant decline in revenue for the six months ended December 31, 2024, with a 40% drop compared to the previous year. The company faced challenges due to geopolitical risks, modest economic recovery in China, and increased competition, prompting a strategic shift towards high-value fruits and prudent resource management. Despite these headwinds, the company remains optimistic about its long-term growth potential in the Chinese market and is committed to improving operational efficiencies and exploring new opportunities. The air-conditioners distribution business, launched in 2021, is still developing and aims to diversify revenue streams, though its performance may fluctuate based on market conditions.
Asian Citrus Holdings Limited has announced that a board meeting will be held on February 28, 2025, to consider and approve the company’s interim results for the six months ending December 31, 2024. This announcement indicates a routine update in the company’s financial reporting, which is crucial for stakeholders to gauge the company’s performance and strategize accordingly.