ENM Holdings (0128) AI Stock Analysis

• Market Cap: $453.93M
• Dividend Yield: N/A
• Average Volume (3M): 505.13K
• Price to Earnings (P/E): 28.4
• Beta (1Y): 0.53
• Revenue Growth: -52.88%
• EPS Growth: N/A
• Country: HK
• Employees: 39
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Retail
• EPS (TTM): <0.01
• Shares Outstanding: 1,650,658,700
• 10 Day Avg. Volume: 523,200
• 30 Day Avg. Volume: 505,133
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: -0.42
• Enterprise Value/Revenue: -2.57
• Enterprise Value/Gross Profit: -3.84
• Enterprise Value/Ebitda: 19.99
• 1Y Price Target: $0.47
• Price Target Upside: 66.68% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 53 Neutral
• Price Target: HK$0.50 ▲(78.57% Upside)

ENM Holdings' overall stock score is primarily influenced by its financial stability due to a strong balance sheet, despite significant profitability and cash flow challenges. Technical analysis indicates bullish momentum, but overbought signals suggest caution. Valuation concerns due to negative earnings and lack of dividends further impact the score.

ENM Holdings Business Overview & Revenue Model

Company Description

ENM Holdings Limited (0128) is a Hong Kong-based investment holding company engaged in a diverse range of business sectors, including wholesale and retail of fashion wear and accessories, resort and recreational club operations, and investments in securities. The company operates through its subsidiaries and maintains a presence in both local and international markets, offering a selection of high-quality products and services to its clientele.

How the Company Makes Money

ENM Holdings generates revenue through multiple streams. The primary source of income comes from the wholesale and retail sector, where the company sells fashion wear and accessories through various retail outlets and channels. Additionally, the company operates a resort and recreational club, which contributes to its earnings through membership fees, hospitality services, and recreational activities. Furthermore, ENM Holdings invests in securities, which provides dividend income and capital gains. These diverse operations and investments are supplemented by strategic partnerships and market positioning, enabling the company to maintain a steady flow of income.

ENM Holdings Financial Statement Overview

Summary

ENM Holdings shows strong financial stability with a high equity ratio and minimal leverage. However, persistent net losses, negative net profit margin, and cash flow challenges highlight significant operational inefficiencies and liquidity concerns.

Income Statement

Over the years, ENM Holdings has experienced volatility in its revenue and profitability. Gross Profit Margin for 2024 is approximately 67.0%, indicating strong profitability from core operations, but the Net Profit Margin is negative due to consistent net losses. Revenue growth has been inconsistent, with a significant decline from 2023 to 2024 (-38.1%). Despite occasional improvements, EBIT and EBITDA margins remain negative, highlighting operational challenges.

Balance Sheet

The balance sheet shows a strong equity position with a high Equity Ratio of 98.7% in 2024, indicating robust financial stability. The Debt-to-Equity ratio is very low at 0.003, reflecting minimal leverage, which reduces financial risk. However, the Return on Equity is negative due to net losses, which is a concern for long-term profitability.

Cash Flow

ENM Holdings shows challenges in its cash flow management. Operating Cash Flows have been negative for several years, indicating potential liquidity issues. Free Cash Flow has also been negative, with no Free Cash Flow growth, suggesting difficulties in generating cash from operations to fund capital expenditures or returns to shareholders.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	74.76M	120.84M	94.39M	109.50M	104.98M
Gross Profit	50.09M	68.78M	37.48M	46.14M	35.94M
EBITDA	-9.63M	-5.86M	-134.01M	3.14M	45.00M
Net Income	-7.90M	-19.75M	-150.66M	-21.28M	11.88M
Balance Sheet
Total Assets	1.04B	1.10B	1.19B	1.26B	1.23B
Cash, Cash Equivalents and Short-Term Investments	581.83M	585.13M	593.42M	725.94M	754.09M
Total Debt	3.16M	13.47M	24.36M	27.90M	34.63M
Total Liabilities	13.81M	36.73M	43.90M	47.86M	57.94M
Stockholders Equity	1.02B	1.07B	1.14B	1.21B	1.17B
Cash Flow
Free Cash Flow	142.75M	-2.56M	-25.57M	-18.68M	-21.93M
Operating Cash Flow	149.03M	-1.78M	-25.09M	-17.34M	-7.06M
Investing Cash Flow	-60.24M	6.67M	-26.74M	6.43M	-33.16M
Financing Cash Flow	-15.20M	-12.55M	-17.54M	-20.39M	-19.61M

ENM Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.28
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0128, the sentiment is Neutral. The current price of 0.28 is above the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.28, and above the 200-day MA of 0.26, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.13 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0128.

ENM Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1817	59 Neutral	HK$351.50M	9.74	4.21%	―	-7.95%	98.95%
0375	56 Neutral	HK$230.55M	-9.75	-5.72%	7.19%	-25.41%	-361.49%
1657	54 Neutral	HK$502.40M	-83.16	-7.27%	―	25.11%	64.76%
0128	53 Neutral	$453.93M	28.35	1.57%	―	-52.88%	―
0330	46 Neutral	HK$404.81M	-0.24	-693.22%	―	―	―
2528	46 Neutral	HK$96.00M	-5.41	―	―	-5.89%	71.06%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

ENM Holdings Corporate Events

ENM Holdings Schedules Board Meeting for Interim Results Approval

ENM Holdings Limited has announced that its board of directors will meet on August 26, 2025, to approve the interim results for the first half of the year ending June 30, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction for the remainder of the year.

ENM Holdings Announces Positive Profit Turnaround for H1 2025

ENM Holdings Limited has issued a positive profit alert for the first half of 2025, expecting a profit of approximately HK$8 million, a significant turnaround from a loss of HK$14.2 million in the same period last year. This improvement is attributed to reduced losses in its fashion retail business, cessation of losses from its resort and recreational club business, and gains from its investment portfolio. Despite this, the company anticipates a 60% decrease in revenue due to the closure of its SWANK flagship store and expects this trend to continue as it focuses on loss reduction initiatives.

ENM Holdings Passes All Resolutions at 2025 AGM

ENM Holdings Limited announced the successful passage of all proposed resolutions at its 2025 Annual General Meeting held on June 13, 2025. Key resolutions included the re-election of directors, authorization of directors’ remuneration, and the re-appointment of RSM Hong Kong as auditor. The meeting also granted the Board a general mandate to issue additional shares, reflecting strong shareholder support and potentially impacting the company’s future capital strategy.

ENM Holdings Enhances Audit Committee Structure for Improved Governance

ENM Holdings Limited has outlined the terms of reference for its Audit Committee, which will be composed of non-executive directors, including independent members with financial expertise. The committee is empowered to oversee the company’s auditing processes, engage with external auditors, and ensure compliance with corporate governance standards. This initiative aims to strengthen the company’s financial oversight and transparency, potentially enhancing stakeholder confidence and aligning with best practices in corporate governance.