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DL Holdings Group Limited
(1709)
DL Holdings Group Limited (1709) vs. iShares MSCI Hong Kong ETF (EWH)
DL Holdings Group Limited Business Overview & Revenue Model
DL Holdings Group Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 149.22M | 189.66M | 202.35M | 179.41M | 300.42M | 422.70M |
| Gross Profit | 122.27M | 138.91M | 130.46M | 84.03M | 156.43M | 234.90M |
| EBITDA | 252.68M | 188.03M | 120.79M | -26.94M | 137.07M | 226.59M |
| Net Income | 100.67M | 136.81M | 99.90M | -49.18M | 109.78M | 200.80M |
Balance Sheet | ||||||
| Total Assets | 1.08B | 1.29B | 1.08B | 894.69M | 914.78M | 627.94M |
| Cash, Cash Equivalents and Short-Term Investments | 45.16M | 31.70M | 39.84M | 83.50M | 154.64M | 56.22M |
| Total Debt | 210.05M | 209.46M | 307.02M | 174.39M | 208.01M | 38.86M |
| Total Liabilities | 355.12M | 342.13M | 555.47M | 458.94M | 388.62M | 127.38M |
| Stockholders Equity | 724.80M | 917.64M | 520.97M | 435.75M | 526.16M | 500.56M |
Cash Flow | ||||||
| Free Cash Flow | 157.83M | 9.61M | -34.97M | 194.19M | 105.96M | 48.31M |
| Operating Cash Flow | 164.93M | 16.91M | -33.66M | 194.61M | 108.15M | 49.13M |
| Investing Cash Flow | -131.69M | -46.09M | -65.23M | -50.05M | 15.80M | -114.30M |
| Financing Cash Flow | 68.07M | 21.03M | -30.79M | -102.45M | 62.38M | 98.98M |
DL Holdings Group Limited Technical Analysis
DL Holdings Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$2.03B | 5.93 | 14.40% | 12.70% | -0.61% | -5.36% | |
69 Neutral | €4.07B | 8.91 | 10.67% | 8.43% | 3.23% | -21.82% | |
68 Neutral | HK$2.94B | 13.12 | 2.27% | 6.07% | -4.65% | ― | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | HK$2.45B | 13.32 | 5.63% | 2.15% | 11.73% | 28.38% | |
63 Neutral | HK$2.08B | 9.41 | 13.04% | 7.07% | 17.99% | -20.83% | |
53 Neutral | HK$5.04B | 28.02 | 19.02% | 0.82% | -6.27% | 27.12% |
DL Holdings Group Limited Corporate Events
DL Holdings Group Limited has announced the completion of its initial target for the 2025 Restricted Share Award Scheme, having purchased 30,090,000 shares from the market. This initiative is designed to reward selected participants based on individual performance and scheme rules. The recent purchase of 1,930,000 shares marks the achievement of the initial award pool target, with the company considering expanding the pool in the future. This move is expected to enhance stakeholder engagement and align employee incentives with company performance.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced a voluntary share purchase under its 2025 Restricted Share Award Scheme, acquiring 7,200,000 shares at an average price of HK$2.77 per share. This purchase is part of the company’s strategy to accumulate a total of 30,000,000 shares for the scheme, which aims to distribute and vest shares based on individual performance, thereby aligning employee incentives with company goals.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced a significant financial maneuver involving the placing of existing shares and a top-up subscription of new shares under a general mandate. This initiative, expected to generate approximately HK$973 million, involves the sale of existing shares and the issuance of new shares, representing a substantial portion of the company’s share capital. The move is coordinated by Guotai Junan Securities and DL Securities, targeting professional and institutional investors, and is likely to impact the company’s market position by potentially increasing its capital base and shareholder diversity.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited, a company incorporated in the Cayman Islands, has announced a significant acquisition involving BM Machines. On October 17, 2025, the company entered into formal agreements to acquire 1,900 units of BM Machines 1 and 1,095 units of BM Machines 2, with a total consideration of approximately US$19.2 million. This acquisition is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, indicating a strategic move to enhance the company’s operational capacity.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has entered into a strategic cooperation agreement with Antalpha Platform Holding Company to leverage their strengths in traditional finance and digital assets. This partnership aims to drive growth and market expansion in the digital assets landscape, with a focus on Bitcoin mining. The Group is acquiring Bitcoin mining machines and plans to invest further in Bitcoin mining power, supported by Antalpha’s comprehensive financing, technology, and risk management solutions.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited, a company incorporated in the Cayman Islands, has completed the subscription of new shares in EEKA Fashion Holdings Limited, also incorporated in the Cayman Islands. The completion of the subscription took place on October 15, 2025, with DL Holdings now holding approximately 0.7% of EEKA’s enlarged share capital. EEKA plans to use the net proceeds of approximately HK$29.6 million from this subscription to repay a loan facility due in December 2025. This strategic cooperation and investment agreement marks a significant step for both companies, potentially impacting their market positions and financial strategies.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced a share purchase under its 2025 Restricted Share Award Scheme. The company acquired 3,283,000 shares, representing approximately 0.19% of the existing total shares, at an average price of HK$3.12 per share. This purchase is part of the company’s plan to implement a scheme with a target of 30,000,000 shares to be distributed based on individual performance and scheme rules.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced a further delay in the dispatch of a circular related to a connected transaction involving the subscription of new shares under a specific mandate. The circular, which was initially expected to be sent to shareholders by 13 October 2025, will now be dispatched on or before 4 November 2025 due to the need for additional time to finalize certain information. This delay may impact stakeholders’ expectations and timelines regarding the transaction.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited, a company incorporated in the Cayman Islands, announced a supplemental update regarding its connected transaction involving the further subscription of a 15.10% Class B membership interest in Carmel Reserve LLC. The consideration for this transaction was determined after arm’s length negotiations and was based on the adjusted net asset value (NAV) of the target company, calculated at approximately USD 71.59 million as of March 31, 2025. This adjustment takes into account the fair market value of the investment properties, highlighting the company’s strategic financial assessment in its investment decisions.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited, incorporated in the Cayman Islands, has announced the completion of a significant share transfer by its controlling shareholder, Mr. Chen. On October 10, 2025, Rapid Raise, a company controlled by Mr. Chen, transferred 60,000,000 shares, representing approximately 3.56% of the company’s total issued share capital, to three directors and thirteen senior management and employees. This transfer recognizes their contributions to the company’s business and development, potentially strengthening internal stakeholder alignment and motivation.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced the purchase of 3,120,000 shares as part of its 2025 Restricted Share Award Scheme. This purchase represents approximately 0.19% of the existing total number of shares in issue. The company aims to implement the scheme with a target of 30,000,000 shares to be distributed and vested according to individual performance and scheme rules, potentially impacting the company’s market operations and stakeholder interests.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced progress in its Real World Asset tokenization initiatives, securing approximately $5.7 million in private equity interests in companies like ByteDance, Kraken, and eSelf AI. This development is part of the company’s strategy to expand its digital asset offerings, potentially impacting its market positioning and providing new opportunities for stakeholders.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited announced the purchase of 3,180,000 shares as part of its 2025 Restricted Share Award Scheme, representing approximately 0.19% of the existing total shares. This strategic move is aimed at benefiting selected participants and reflects the company’s commitment to enhancing shareholder value.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited announced that its portfolio company, Neuralfin Technology, successfully raised approximately US$7.7 million in a Series B funding round. This funding will be used to enhance its AI platform, expand its user base, and accelerate development, positioning Neuralfin as a leader in AI-powered financial trading. The company also announced the termination of a strategic cooperation and share swap term sheet with Rich Dragon Consultants Limited, as no binding agreement was reached.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced the composition of its board of directors, effective from September 29, 2025. The board includes executive directors, a non-executive director, and independent non-executive directors, with specific roles in audit, nomination, and remuneration committees. This announcement reflects the company’s governance structure, which may impact its strategic direction and decision-making processes, influencing stakeholders’ interests.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited announced the resignation of Mr. Chan Kwan from his position as a non-executive director, effective September 29, 2025, due to his need to focus on other business commitments. The company expressed gratitude for Mr. Chan’s contributions and confirmed that there are no disagreements or issues related to his resignation that need to be communicated to shareholders or the Hong Kong Stock Exchange.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited, a company incorporated in the Cayman Islands, has announced a significant transaction involving the acquisition of BTC mining machines. The company has agreed to acquire these machines for a total consideration of approximately US$21.85 million, which will be satisfied through the issuance of convertible bonds, warrants, and earn-out shares. Additionally, DL Holdings has entered into letters of intent for further acquisitions of BM machines, totaling over US$19 million. These transactions are considered discloseable under the Listing Rules, requiring reporting and announcement but not shareholder approval.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced the purchase of 2,900,000 shares as part of its 2025 Restricted Share Award Scheme. This move, representing approximately 0.17% of the company’s total shares, aims to benefit selected participants and demonstrates the company’s commitment to rewarding its stakeholders, potentially enhancing its market position.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced a significant share transfer and award initiative. The controlling shareholder, Mr. Chen, along with DA Wolf and Rapid Raise, plans to transfer 60,000,000 shares to key directors and employees, representing 3.56% of the company’s total issued share capital. Additionally, they will contribute 120,000,000 shares to incentivize the company’s leadership and workforce, reflecting a commitment to the group’s sustainable development. This move is expected to strengthen the company’s internal alignment and motivate its management and employees.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited announced a further delay in the dispatch of a circular related to a connected transaction involving the subscription of new shares under a specific mandate. The circular, which was initially expected to be sent to shareholders by 18 September 2025, will now be dispatched on or before 13 October 2025 due to the need for additional time to finalize certain information.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited announced the purchase of 2,152,000 shares as part of its 2025 Restricted Share Award Scheme. This acquisition, representing approximately 0.13% of the existing shares, is intended to benefit selected participants and reflects the company’s commitment to rewarding its stakeholders.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced a connected transaction involving the further subscription of a 15.10% Class B Membership Interest in Carmel Reserve LLC, with the transaction valued at approximately US$10.32 million. This move will increase DL Holdings’ stake to approximately 32.97% in the Class B Membership Interest of the Target Company, potentially enhancing its influence and strategic positioning within the company. The transaction reflects DL Holdings’ ongoing investment strategy and could have implications for its market presence and stakeholder relationships.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced a legally-binding term sheet for the intended acquisition of Bitcoin mining machines. The acquisition involves 2,200 S21XP HYD Bitcoin mining machines with a computing power of approximately 1,040,600 TH/s, valued at US$21,852,600. The transaction will be settled through convertible bonds, warrants, and earn-out shares. This potential acquisition could be a major transaction for the company, requiring shareholder approval and compliance with listing rules. However, the acquisition is not yet finalized, and shareholders are advised to exercise caution.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited and EEKA Fashion Holdings Limited have entered into a Strategic Cooperation and Investment Agreement, where DL Holdings will subscribe to new EEKA shares, representing approximately 0.65% of EEKA’s enlarged share capital, for HK$29.9 million. The net proceeds will be used for EEKA’s general working capital. The agreement also includes a plan to tokenize a portion of EEKA’s distributable profit, linked to 10% of the audited revenue from its brand NEXY.CO, to be distributed to shareholders.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited announced that all proposed resolutions were approved by shareholders during the annual general meeting held on September 12, 2025. The meeting saw a substantial participation, with 96.22% of the issued share capital entitled to vote, and the resolutions were overwhelmingly supported, indicating strong shareholder confidence in the company’s direction.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced a supplemental update regarding its strategic investments in Asseto Holdings Limited and Pangu Software Pte Ltd. Asseto Holdings is a fintech company specializing in digital asset innovation, focusing on the tokenization of real-world assets through a dual-layer platform that integrates traditional finance with decentralized finance. The company’s core projects include the Asseto Orient Arbitrage Strategy, which aims for approximately 10% annualized returns with low risk, and other financial products like money market funds and stablecoin yield products. This investment positions DL Holdings to potentially distribute these innovative financial products to its clients, enhancing its market presence in the fintech industry.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced a delay in the dispatch of a circular related to a connected transaction involving the subscription of new shares under a specific mandate. The circular, which was originally scheduled to be sent to shareholders by August 28, 2025, will now be dispatched by September 18, 2025, due to the need for additional time to finalize certain information. This delay may impact the company’s timeline for executing the transaction and could have implications for stakeholders awaiting the details of the subscription agreement.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has announced the purchase of 4,200,000 shares as part of its 2025 Restricted Share Award Scheme. This move, accounting for approximately 0.25% of the existing total number of shares, is aimed at benefiting selected participants under the scheme. The board will continue to review and determine the number of shares to be awarded and purchased under the scheme, reflecting the company’s strategic approach to incentivize and retain talent.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
DL Holdings Group Limited has successfully completed the placing of existing shares and a top-up subscription of new shares under a general mandate. On August 11, 2025, 201,456,000 shares were placed at HK$2.95 each, and on August 14, 2025, the same number of new shares were issued to the sellers. The placement involved independent third parties, ensuring no new substantial shareholders emerged.
DL Holdings Group Limited announced a supplemental plan involving the placing of existing shares and a top-up subscription of new shares, aiming to raise approximately HK$640.36 million. The proceeds will be used to strategically develop the company’s digital finance business, enhance IT facilities, and support general working capital, with a significant portion allocated to RWA tokenisation initiatives.
DL Holdings Group Limited has announced the purchase of 2,125,000 shares as part of its 2025 Restricted Share Award Scheme. This move, representing approximately 0.14% of the company’s total shares, is aimed at benefiting selected participants and reflects the company’s strategic efforts to enhance stakeholder value.
DL Holdings Group Limited announced a strategic financial maneuver involving the placing of existing shares and a top-up subscription of new shares under a general mandate, along with a connected transaction for new shares under a specific mandate. This initiative is expected to raise approximately HK$653.30 million, potentially enhancing the company’s capital base and market positioning.
DL Holdings Group Limited has announced a strategic investment through a fund it manages in Pangu Software Pte Ltd, a Singapore-based technology company specializing in decentralized Web3 gaming platforms. This investment aligns with DL Holdings’ focus on digital finance and virtual assets, aiming to strengthen its presence in the digital entertainment and Web3 sectors. The fund will acquire a 2.0% equity interest in Pangu, enhancing its strategic positioning in innovative gaming monetization models.
DL Holdings Group Limited has announced a strategic investment in Asseto Holdings Limited by subscribing to 77,352 Class A ordinary shares for USD 1,290,335. Asseto, a leading fintech company in Asia specializing in the tokenization of real-world assets, is expanding its product lines and establishing a strong network of strategic partners, positioning itself as a potential leader in the Web3 space. This investment aligns with DL Holdings’ strategy to enhance its portfolio in the fintech sector, potentially impacting its market positioning and offering new opportunities for growth.
DL Holdings Group Limited has announced the composition of its board of directors and their respective roles, effective from July 31, 2025. The board consists of executive, non-executive, and independent non-executive directors, with Mr. Chen Ningdi serving as Chairman. The announcement outlines the membership of the board’s three committees: Audit, Nomination, and Remuneration, highlighting the leadership roles within these committees. This update is crucial for stakeholders as it reflects the company’s governance structure and may influence its strategic direction and operational oversight.
DL Holdings Group Limited has announced its upcoming annual general meeting scheduled for September 12, 2025. The meeting will address several key resolutions, including the approval of the company’s audited financial statements, re-election of directors, and re-appointment of the auditor. Additionally, the company seeks authorization to allot and issue shares and related securities, which could impact its capital structure and market operations.
DL Holdings Group Limited, a company listed on the Hong Kong Stock Exchange, has announced the resignation of Mr. Chan Kwun Wah Derek as a non-executive director effective July 31, 2025, due to his other business commitments. The company will comply with Rule 3.10A of the Listing Rules as the board will consist of nine members, with independent non-executive directors representing at least one-third of the board, ensuring adherence to regulatory requirements.