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Enterprise Development Holdings Limited
(1808)
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Rating:57Neutral
Price Target:
HK$2.50
▼(-13.79% Downside)
Action:Downgraded
Date:08/29/26
The score is primarily held back by uneven cash-flow quality and a material margin deterioration despite strong revenue growth, alongside weak technicals with the price below all major moving averages and negative MACD. Offsetting these risks, the valuation appears very cheap (P/E ~2.45) and the balance sheet leverage remains manageable.
Positive Factors
Strong Revenue Expansion
The exceptionally strong 2025 revenue increase shows meaningful expansion in the company’s reported business base. If the enlarged revenue platform can be retained, it may provide greater operating scale, broaden market reach, and support future earnings recovery despite current profitability challenges.
Negative Factors
Sharp Margin Deterioration
Revenue growth has not translated proportionately into profitability, as gross margin dropped sharply to a very low level. This indicates a less profitable revenue mix or weaker earnings quality, and sustained margin pressure could limit operating leverage and reduce the durability of future earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Expansion
The exceptionally strong 2025 revenue increase shows meaningful expansion in the company’s reported business base. If the enlarged revenue platform can be retained, it may provide greater operating scale, broaden market reach, and support future earnings recovery despite current profitability challenges.
Read all positive factors
Enterprise Development Holdings Limited (1808) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$525.29M
Dividend YieldN/A
Average Volume (3M)51.71K
Price to Earnings (P/E)8.4
Beta (1Y)0.48
Revenue Growth363.06%
EPS Growth-48.19%
CountryHK
Employees187
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.22
Shares Outstanding244,888,180
10 Day Avg. Volume56,936
30 Day Avg. Volume51,709
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)1.25
Price to Sales (P/S)0.17
P/FCF Ratio18.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Enterprise Development Holdings Limited Business Overview & Revenue Model
Company Description
Enterprise Development Holdings Ltd., an investment holding enterprise headquartered in Hong Kong, delivers comprehensive business software solutions across both mainland China and Hong Kong. The company's operations are primarily divided into its...
Enterprise Development Holdings Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
74
Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.77B | 3.86B | 408.58M | 60.65M | 47.91M | 40.83M |
| Gross Profit | 132.19M | 148.65M | 46.01M | 26.05M | 20.82M | 16.51M |
| EBITDA | 53.13M | 81.86M | -19.21M | 7.22M | -24.85M | -29.24M |
| Net Income | 52.87M | 152.19M | 72.74M | 5.55M | -22.27M | -23.82M |
Balance Sheet | ||||||
| Total Assets | 954.52M | 1.47B | 560.08M | 302.76M | 202.98M | 211.58M |
| Cash, Cash Equivalents and Short-Term Investments | 251.13M | 451.16M | 290.17M | 207.88M | 111.99M | 149.24M |
| Total Debt | 141.99M | 140.44M | 34.80M | 23.06M | 16.71M | 10.83M |
| Total Liabilities | 413.72M | 798.73M | 138.96M | 38.62M | 35.86M | 30.74M |
| Stockholders Equity | 450.43M | 512.21M | 369.02M | 212.89M | 113.55M | 124.58M |
Cash Flow | ||||||
| Free Cash Flow | 35.46M | 35.46M | -78.28M | -18.73M | -27.79M | -36.15M |
| Operating Cash Flow | 43.68M | 43.68M | -65.64M | -12.54M | -25.62M | -33.85M |
| Investing Cash Flow | -127.28M | -127.28M | -32.76M | -6.06M | -1.94M | -2.12M |
| Financing Cash Flow | 94.13M | 94.13M | 78.77M | 92.88M | 10.91M | 53.20M |
Enterprise Development Holdings Limited Technical Analysis
Neutral
2.90
Price Trends
2.33
Negative
2.05
Positive
2.39
Negative
Market Momentum
-0.06
Negative
50.65
Neutral
84.69
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1808, the sentiment is Neutral. The current price of 2.9 is above the 20-day moving average (MA) of 2.11, above the 50-day MA of 2.33, and above the 200-day MA of 2.39, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 50.65 is Neutral, neither overbought nor oversold. The STOCH value of 84.69 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1808.
Enterprise Development Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
84 Outperform | HK$927.41M | 10.93 | 22.37% | 8.83% | 7.71% | 2.01% | |
67 Neutral | HK$1.45B | 13.58 | 9.51% | 6.35% | 21.19% | 19.81% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | HK$31.20B | 109.74 | 3.02% | 0.10% | 16.98% | ― | |
57 Neutral | HK$525.29M | 8.37 | 10.98% | ― | 363.06% | -48.19% | |
54 Neutral | HK$4.07B | -18.54 | -2.55% | 1.29% | -2.82% | -152.77% |
* Technology Sector Average
HK:1808
Enterprise Development Holdings Limited
2.18
-1.15
-34.53%
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1.16
0.16
16.20%
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Chanjet Information Technology Co., Ltd. Class H
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-62.07%
Enterprise Development Holdings Limited Corporate Events
Enterprise Development Swings to Interim Loss on Weaker Revenue and Associate Losses
Aug 26, 2026
Enterprise Development Holdings Limited reported unaudited interim results for the six months ended 30 June 2026, showing revenue of RMB467.4 million, down from RMB551.3 million a year earlier, and a sharp swing to a net loss of RMB125.5 million. ...
Enterprise Development Halts Further Lending to Delisted Sailong Pharmaceutical
Aug 19, 2026
Enterprise Development Holdings Limited has indirectly invested RMB50 million in Qitong Fuyuan, which controls 60% of Hainan Yayi Partnership, resulting in an indirect 14.16% stake in Sailong Pharmaceutical Group. This structure gives the Hong Kon...
Enterprise Development warns of RMB125 million interim loss on associate and loan hits
Aug 17, 2026
Enterprise Development Holdings Limited has warned investors that it expects to post a net loss of about RMB125 million for the six months ended 30 June 2026, reversing from a net profit of roughly RMB45 million a year earlier. The company attribu...
Enterprise Development Holdings Sets Board Meeting to Approve Interim Results and Dividend
Aug 14, 2026
Enterprise Development Holdings Limited plans to convene a board meeting on 26 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The agenda also includes considering the declaration of an interi...
Enterprise Development Sells 51% Stake in PRC Target Company for RMB360,000
Jun 29, 2026
Enterprise Development Holdings Limited has agreed to sell a 51% equity interest in a target company, held via its indirect wholly owned subsidiary Enterprise Development Logistics Limited, to individual buyer Wang Kai for RMB360,000 in cash. The ...
Enterprise Development Holdings Shareholders Approve All AGM Resolutions, Back New Option Scheme
Jun 23, 2026
Enterprise Development Holdings Limited reported that all resolutions at its annual general meeting on 23 June 2026 were passed by poll, with votes overwhelmingly in favor. Shareholders received and approved the 2025 audited financial statements a...
Enterprise Development Directors Complete Mandatory HKEX Compliance Training
Jun 23, 2026
Enterprise Development Holdings Limited has confirmed that all six relevant current or former directors, along with a director of a wholly owned subsidiary, have completed 18 hours of mandated training on regulatory, legal and Listing Rules compli...
Enterprise Development CEO Resigns Ahead of AGM, Re-election Resolution Withdrawn
Jun 15, 2026
Enterprise Development Holdings Limited announced that Mr. Yu Hui has resigned as an executive director and chief executive officer with effect from June 15, 2026, stating he is leaving to pursue his own business, and confirming there is no disagr...
Enterprise Development Holdings details board and committee lineup
Jun 15, 2026
Enterprise Development Holdings Limited has announced the current composition of its board, confirming Ms. Li Zhuoyang as the sole executive director and three independent non-executive directors, Mr. Cai Jinliang, Mr. Chin Hon Siang and Mr. Chen ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.