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Asia Resources Holdings Limited
(0899)
Asia Resources Holdings Limited (0899) vs. S&P 500 (SPY)
Asia Resources Holdings Limited Business Overview & Revenue Model
Asia Resources Holdings Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 16.16M | 14.16M | 22.22M | 21.20M | 32.92M | 201.51M | Gross Profit |
| 9.43M | 10.94M | 18.72M | 17.06M | 16.45M | -87.24M | EBIT |
| -32.90M | -29.39M | -13.22M | -234.23M | -12.47M | -151.87M | EBITDA |
| -30.07M | -28.71M | -201.53M | -285.75M | 109.67M | -345.63M | Net Income Common Stockholders |
| -11.17M | -8.35M | -246.17M | -361.64M | 91.26M | -338.78M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 13.17M | 13.17M | 33.40M | 20.27M | 21.90M | 48.92M | Total Assets |
| 1.95B | 1.95B | 1.74B | 1.91B | 2.28B | 2.12B | Total Debt |
| 11.40M | 11.40M | 3.44M | 1.90M | 940.00K | 2.90M | Net Debt |
| -341.00K | -341.00K | -28.11M | -16.34M | -18.09M | -43.16M | Total Liabilities |
| 493.43M | 493.43M | 290.19M | 178.50M | 198.93M | 201.71M | Stockholders Equity |
| 1.34B | 1.34B | 1.39B | 1.65B | 1.97B | 1.81B |
| Cash Flow | Free Cash Flow | ||||
| -40.23M | -33.17M | -12.48M | -2.78M | -30.48M | -73.15M | Operating Cash Flow |
| -24.93M | -18.34M | 1.88M | 7.90M | -28.66M | -64.36M | Investing Cash Flow |
| -7.06M | -6.51M | -19.89M | -7.65M | 2.33M | -10.95M | Financing Cash Flow |
| 15.63M | 5.38M | 37.98M | -1.78M | -2.95M | -2.58M |
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 |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$61.71B | 5.17 | 5.56% | 5.73% | -19.10% | -30.15% | |
54 Neutral | HK$132.69M | ― | -0.82% | ― | 71.20% | 96.75% | |
52 Neutral | HK$71.00M | ― | -21.00% | ― | -29.79% | -146.84% | |
50 Neutral | $1.98B | -1.06 | -21.29% | 3.61% | 1.95% | -30.60% | |
45 Neutral | HK$181.44M | ― | -10.46% | ― | -7.60% | 41.01% | |
37 Underperform | HK$80.61M | ― | ― | -13.11% | -47.04% |
Asia Resources Holdings Limited Corporate Events
Zhong Jia Guo Xin Holdings Company Limited, a company incorporated in Bermuda, has announced a change in its company secretary and authorized representative. Ms. Lam Yat Ting has resigned from her position as company secretary and authorized representative due to other career commitments, effective April 30, 2025. The company has appointed Mr. Cheng King Yip as the new company secretary and Mr. Chan Wai Fung as the authorized representative. Mr. Cheng brings over thirteen years of experience in company secretary services, sustainability advisory, and corporate governance, while Mr. Chan is an executive director and CEO of the company. The board expressed gratitude to Ms. Lam for her contributions and welcomed Mr. Cheng to his new role.
Zhong Jia Guo Xin Holdings Company Limited, a company incorporated in Bermuda, has announced a supplemental agreement regarding a very substantial acquisition related to refund properties. Due to financial difficulties faced by property developers in China, the company negotiated with the vendor to accept a refund package, which includes properties and compensation, instead of the original property acquisition. This strategic move aims to protect the company’s interests and recover investments, potentially impacting its operations and market positioning.
Zhong Jia Guo Xin Holdings Company Limited announced a supplemental update regarding its very substantial acquisition of refund properties. The company acknowledged a misinterpretation of the Listing Rules, leading to the acceptance of Refund Properties without proper announcement. To address this, the company has implemented remedial measures including preparing an internal memorandum, providing training on compliance with Listing Rules, and engaging legal advisors to ensure early identification of potential transactions and ongoing compliance advice. These measures aim to prevent similar compliance issues in the future.
Zhong Jia Guo Xin Holdings Company Limited, a company incorporated in Bermuda, has announced the updated list of its board of directors effective from April 2, 2025. The board comprises executive, non-executive, and independent non-executive directors, indicating a diverse leadership structure. The company has also established three board committees: Audit, Remuneration, and Nomination, each with designated members and chairpersons. This restructuring of the board and committees is likely aimed at enhancing governance and operational oversight, which may positively impact the company’s strategic direction and stakeholder confidence.
Zhong Jia Guo Xin Holdings Company Limited has announced a change in its branch share registrar and transfer office in Hong Kong, effective from April 7, 2025. The new registrar will be Tricor Investor Services Limited, and all applications for registration of transfer of shares should be directed to them from this date. This change is expected to streamline the process for shareholders and improve the efficiency of share registration and transfer operations.
Zhong Jia Guo Xin Holdings Company Limited has announced significant changes in its board of directors and committee compositions. Ms. Wen Junyi has resigned as an executive director, and Mr. Chan Wai Fung, the current CEO, has been appointed as an executive director and member of the Nomination Committee. Additionally, Dr. Liang Jinxiang will join as an independent non-executive director, chairman of the Audit Committee, and member of the Remuneration Committee. These changes are expected to impact the company’s governance structure and strategic direction.
Zhong Jia Guo Xin Holdings Company Limited has announced the composition of its board of directors and their roles, effective from March 26, 2025. The board consists of executive, non-executive, and independent non-executive directors, with several members also serving on the audit, remuneration, and nomination committees. This announcement reflects the company’s governance structure and may influence its strategic direction and operational oversight.
Zhong Jia Guo Xin Holdings Company Limited has appointed Mr. Chan Wai Fung as the new Chief Executive Officer, effective March 19, 2025. Mr. Chan brings extensive experience in business management, financial markets, corporate governance, and corporate finance, having held significant roles in various financial institutions. His appointment is expected to strengthen the company’s leadership and strategic direction, potentially enhancing its market positioning and operational efficiency.
Zhong Jia Guo Xin Holdings Company Limited, a company listed on the Hong Kong Stock Exchange, announced the resignation of its Chief Executive Officer, Mr. Liu Yan Chee James, effective from March 14, 2025. Mr. Liu is stepping down due to other work commitments but will continue to serve as an executive director. The board expressed appreciation for Mr. Liu’s contributions and confirmed there are no disagreements or issues related to his resignation.
Zhong Jia Guo Xin Holdings Company Limited, listed on the Hong Kong Stock Exchange, has entered into a substantial disposal agreement involving the sale of a target company. The completion date for this transaction has been extended to December 31, 2025, due to economic uncertainties and the need for the purchaser to arrange necessary funds. This decision comes after attempts to find alternative buyers were unsuccessful, underscoring the challenging market conditions in the PRC.