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Asia Resources Holdings Limited
(0899)
Asia Resources Holdings Limited (0899) vs. iShares MSCI Hong Kong ETF (EWH)
Asia Resources Holdings Limited Business Overview & Revenue Model
Asia Resources Holdings Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.16M | 20.04M | 14.16M | 22.22M | 21.20M | 32.92M |
| Gross Profit | 9.43M | 778.00K | 10.94M | 18.72M | 17.06M | 16.45M |
| EBITDA | -30.07M | -542.61M | -26.42M | -201.53M | -285.75M | 109.67M |
| Net Income | -11.17M | -451.55M | -8.35M | -246.17M | -361.64M | 91.26M |
Balance Sheet | ||||||
| Total Assets | 1.95B | 1.39B | 1.95B | 1.74B | 1.91B | 2.28B |
| Cash, Cash Equivalents and Short-Term Investments | 11.41M | 9.59M | 13.17M | 33.40M | 20.27M | 21.90M |
| Total Debt | 9.91M | 8.80M | 11.40M | 3.44M | 1.90M | 940.00K |
| Total Liabilities | 437.63M | 369.20M | 493.43M | 290.19M | 178.50M | 198.93M |
| Stockholders Equity | 1.40B | 935.87M | 1.34B | 1.39B | 1.65B | 1.97B |
Cash Flow | ||||||
| Free Cash Flow | -40.23M | -2.01M | -33.17M | -12.48M | -2.78M | -30.48M |
| Operating Cash Flow | -24.93M | -232.00K | -18.34M | 1.88M | 7.90M | -28.66M |
| Investing Cash Flow | -7.12M | -1.66M | -6.51M | -19.89M | -7.65M | 2.33M |
| Financing Cash Flow | 15.86M | -1.75M | 5.38M | 37.98M | -1.78M | -2.95M |
Asia Resources Holdings Limited Technical Analysis
Asia Resources Holdings Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
56 Neutral | HK$92.12M | ― | -8.38% | ― | -48.96% | -185.64% | |
52 Neutral | HK$69.46M | ― | -4.93% | ― | -0.99% | 48.65% | |
47 Neutral | HK$219.48M | ― | -19.00% | ― | -21.32% | -715.30% | |
46 Neutral | HK$85.44M | ― | -13.47% | ― | -32.43% | 55.29% | |
40 Neutral | HK$35.32M | ― | -39.61% | ― | 41.55% | -3780.43% | |
37 Underperform | HK$57.51M | ― | -307.36% | ― | -6.40% | -143.33% |
Asia Resources Holdings Limited Corporate Events
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, has announced the resignation of Mr. Li Xiaoming as an executive director, effective October 22, 2025, due to his pursuit of other business opportunities. The company expressed gratitude for Mr. Li’s contributions and clarified a previous announcement regarding the shareholding interests of Ms. Jiang Xiaojun, a non-executive director, correcting her personal interest in 5,600,000 shares, which constitutes approximately 3.774% of the company’s issued share capital.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, incorporated in Bermuda, has announced the updated list of its board of directors and their roles, effective from October 22, 2025. The board comprises executive directors Mr. Chan Wai Fung and Ms. Yau Ho Yi, non-executive director Ms. Jiang Xiaojun, and independent non-executive directors Dr. Liang Jinxiang and Mr. Wong Chun Peng Stewart. The company has also established three board committees: Audit, Remuneration, and Nomination, with Dr. Liang Jinxiang serving as the chairman of all three committees. This restructuring is likely aimed at enhancing corporate governance and strategic oversight, potentially impacting the company’s decision-making processes and stakeholder relations.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, has announced a further delay in the dispatch of its circular regarding a proposed Rights Issue. The company, which is planning to issue two rights shares for every one share held, has revised its timetable for this financial maneuver. The delay is due to the need for additional time to finalize the necessary information. This postponement may impact shareholders and the company’s market positioning as it adjusts its schedule to accommodate these changes.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, a company incorporated in Bermuda, has announced a discloseable transaction involving the disposal of its sale shares in certain target companies. The transaction, valued at RMB3 million, will result in these target companies ceasing to be subsidiaries of Zhong Jia Guo Xin Holdings, and their financial results will no longer be consolidated into the company’s financial statements. This move is part of the company’s strategic decision-making, taking into account the target group’s financial performance and market conditions.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, has announced the appointment of Ms. Yau Ho Yi as an executive director effective from October 14, 2025. Ms. Yau, with over a decade of experience in business management and strategic consultancy, will oversee administration, operation, and control within the company. Her appointment is expected to strengthen the company’s governance and operational framework, potentially enhancing its market position and stakeholder confidence.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, listed under stock code 899, has announced an update to its board of directors effective from October 14, 2025. The board comprises executive directors Mr. Li Xiaoming, Mr. Chan Wai Fung, and Ms. Yau Ho Yi, along with non-executive director Ms. Jiang Xiaojun, and independent non-executive directors Dr. Liang Jinxiang and Mr. Wong Chun Peng Stewart. The company has also established three board committees: Audit, Remuneration, and Nomination, with Dr. Liang Jinxiang serving as the chairman of all three committees. This restructuring may influence the company’s governance and operational strategies moving forward.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Stock Exchange of Hong Kong, announced a delay in the dispatch of a circular related to a proposed Rights Issue. The company requires additional time to prepare the necessary information, pushing the dispatch date to on or before October 17, 2025. This delay affects the overall timetable for the Rights Issue, with key dates adjusted accordingly, including the Special General Meeting and the record dates for shareholders.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, has announced the settlement of a statutory demand related to an outstanding service fee of HK$11,123,440. The resolution of this demand means there is no longer a basis for a winding-up petition against the company, which may reassure shareholders and potential investors regarding the company’s financial stability.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, announced a clarification regarding its proposed rights issue. The company will offer two rights shares for every one share held, with specific dates for the closure of its register of members to determine eligibility and entitlements. The clarification addresses a clerical error in the previous announcement, ensuring stakeholders are accurately informed about the rights issue process.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, announced a clarification regarding its proposed rights issue, which offers two rights shares for every one share held. The clarification addresses a clerical error concerning the closure of the register of members, which will occur from October 20 to October 24, 2025, to determine entitlements to the rights issue. This announcement ensures transparency and accuracy in the company’s communications with its stakeholders.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Asia Resources Holdings Limited, operating under the name Zhong Jia Guo Xin Holdings Company Limited, has announced a proposed rights issue to raise approximately HK$43.33 million. The rights issue will offer two rights shares for every one share held by qualifying shareholders, with the net proceeds estimated to be HK$41.16 million. This move is expected to increase the company’s issued share capital by more than 50%, requiring approval from independent shareholders. The rights shares will rank equally with existing shares and entitle holders to future dividends. The company has also arranged for a placing agent to handle any unsubscribed rights shares.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited has announced the appointment of Ms. Jiang Xiaojun as a non-executive director, effective September 15, 2025. Ms. Jiang brings over 20 years of experience in the mining industry to the company, which is expected to enhance the board’s expertise. Additionally, her appointment helps the company comply with gender diversity requirements under Rule 13.92 of the Listing Rules. The company also announced changes in the composition of its board committee and an adjustment in the remuneration of certain directors.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, listed under stock code 899, has announced changes to its board of directors effective from 15 September 2025. The company has appointed Mr. Li Xiaoming and Mr. Chan Wai Fung as Executive Directors, Ms. Jiang Xiaojun as a Non-Executive Director, and Dr. Liang Jinxiang and Mr. Wong Chun Peng Stewart as Independent Non-Executive Directors. The company has also established three board committees: Audit, Remuneration, and Nomination, with Dr. Liang Jinxiang serving as Chairman of all three. These changes are expected to enhance the governance structure and strategic oversight of the company, potentially impacting its operational effectiveness and stakeholder confidence.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited announced changes in the names and legal representatives of its subsidiaries in China, effective August and September 2025. These changes, which have received the necessary government approvals, are not expected to impact the company’s daily operations or financial position, but shareholders and potential investors are advised to exercise caution.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited has provided an update regarding the operational status of its Jiuyuan and Jinhao mines. The operations were impacted by Typhoon Yagi, which caused severe flooding and geological disasters in southern Yunnan, halting improvement works. The company has since completed the necessary dewatering and structural inspections as mandated by regulatory authorities, and has submitted the required reports by December 2024. The recovery and re-inspection efforts have delayed the resumption of upgrade works at the mines.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, incorporated in Bermuda, has announced changes to its board of directors effective from August 27, 2025. The company has appointed Mr. Li Xiaoming and Mr. Chan Wai Fung as executive directors, and Dr. Liang Jinxiang and Mr. Wong Chun Peng Stewart as independent non-executive directors. This restructuring includes the establishment of three board committees: Audit, Remuneration, and Nomination, with Dr. Liang Jinxiang serving as chairman for all three committees. These changes are expected to enhance the company’s governance and strategic oversight.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, a company incorporated in Bermuda, announced the appointment of Mr. Wong as an independent non-executive director. Mr. Wong has confirmed his independence according to the Listing Rules and has no financial or other interests in the company or its subsidiaries. This appointment is expected to strengthen the board’s governance and enhance its decision-making capabilities.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, a company incorporated in Bermuda, has announced several key updates. The company is addressing unauthorized use of its name in fraudulent activities, appointing Mr. Wong Chun Peng Stewart as an independent non-executive director, and proposing changes to its company name and bye-laws. The fraudulent activities involve impersonation scams aimed at defrauding the public in China, and the company is considering legal action to protect its reputation. The appointment of Mr. Wong, a seasoned legal professional, is expected to strengthen the company’s governance and oversight.
The most recent analyst rating on (HK:0899) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Asia Resources Holdings Limited stock, see the HK:0899 Stock Forecast page.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, announced the retirement of several directors following the failure to pass resolutions for their re-election at the recent AGM. As a result, Ms. Ouyang Yanling and Mr. Yang Xiaoqiang have stepped down as Chairman and Vice Chairman, respectively, effective August 8, 2025. This change in leadership may impact the company’s strategic direction and governance structure.
Zhong Jia Guo Xin Holdings Company Limited announced a significant shortfall in projected revenues due to high vacancy rates and operational disruptions caused by Typhoon Yagi, which damaged its recently acquired mines in China. The company is actively seeking financing solutions to address infrastructure needs and licensing requirements, aiming to resume production and improve its financial position amidst challenging market conditions.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, held its Annual General Meeting (AGM) on August 8, 2025. During the AGM, all proposed resolutions were passed, including the re-election of certain directors and the authorization for the board to fix director remunerations. The company also announced changes in its board committees and a non-compliance issue with listing rules. These developments reflect a period of transition and regulatory challenges for the company, potentially impacting its governance and stakeholder relations.
Zhong Jia Guo Xin Holdings Company Limited has announced the composition of its board of directors effective from August 8, 2025. The board includes executive directors Mr. Li Xiaoming and Mr. Chan Wai Fung, as well as independent non-executive director Dr. Liang Jinxiang. The company has also established three board committees: Audit, Remuneration, and Nomination, with Dr. Liang Jinxiang serving as chairman for all three committees. This announcement reflects the company’s commitment to structured governance and may impact its strategic direction and stakeholder relations.
Zhong Jia Guo Xin Holdings Company Limited, a company incorporated in Bermuda and listed on the Hong Kong Stock Exchange, has received a statutory demand from a creditor demanding payment of HK$11,123,440. This demand relates to outstanding service fees under agreements between the company and the creditor. The company is currently seeking legal advice on the matter and warns shareholders and potential investors to exercise caution when dealing with its shares due to the potential for a winding-up petition if the demand is not satisfied.