Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
109.95M | 86.70M | 122.52M | 117.46M | 304.96M | Gross Profit |
-12.88M | -21.49M | -28.63M | -63.46M | 3.80M | EBIT |
-43.31M | -54.91M | -36.34M | -72.77M | 7.70M | EBITDA |
-40.66M | -48.63M | -53.79M | -81.00M | 9.22M | Net Income Common Stockholders |
-43.34M | -51.62M | -56.20M | -83.19M | 7.37M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
10.54M | 18.60M | 14.01M | 9.56M | 5.95M | Total Assets |
42.26M | 71.76M | 123.94M | 191.25M | 253.52M | Total Debt |
5.31M | 9.62M | 9.70M | 16.28M | 17.81M | Net Debt |
-5.23M | -8.98M | -4.31M | 6.72M | 11.86M | Total Liabilities |
32.43M | 18.59M | 19.15M | 45.63M | 24.71M | Stockholders Equity |
9.83M | 53.17M | 104.79M | 145.62M | 228.81M |
Cash Flow | Free Cash Flow | |||
0.00 | -197.00K | -13.15M | 8.50M | -27.71M | Operating Cash Flow |
0.00 | -197.00K | -5.40M | 8.50M | -27.71M | Investing Cash Flow |
0.00 | 5.21M | 1.32M | -3.00M | -4.69M | Financing Cash Flow |
0.00 | -414.00K | 8.52M | -1.88M | 13.65M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
66 Neutral | $4.46B | 12.11 | 5.38% | 5.02% | 4.17% | -11.82% | |
60 Neutral | HK$39.00M | 10.26 | 20.64% | ― | 70.92% | ― | |
52 Neutral | HK$264.00M | 112.73 | 0.80% | ― | -2.97% | -42.11% | |
46 Neutral | HK$4.12B | ― | -29.17% | 17.69% | -11.94% | -756.32% | |
44 Neutral | HK$60.00M | 18.75 | 1.13% | 6.97% | -12.00% | -57.89% | |
30 Underperform | HK$118.56M | ― | -137.59% | ― | 26.81% | 16.02% |
China Alliance Venture Limited and China Wacan Group Company Limited announced the closure of a mandatory unconditional cash offer made by Yellow River Securities Limited on behalf of China Alliance Venture Limited to acquire all issued shares of China Wacan Group, excluding those already owned or agreed to be acquired by China Alliance Venture Limited and its concert parties. The offer closed with five valid acceptances, representing approximately 1.31% of the total issued share capital, resulting in China Alliance Venture Limited and its concert parties holding approximately 63.81% of the company’s shares. The total cash consideration for the offer amounted to HK$1,049,341.5, with remittances to be dispatched to shareholders within seven business days.
China Alliance Venture Limited has announced the dispatch of a Composite Document related to a mandatory unconditional cash offer to acquire all issued shares of China Wacan Group Company Limited, excluding those already owned by China Alliance Venture Limited or its concert parties. This move is part of a strategic acquisition effort, with the Composite Document providing further details of the offer, including recommendations and advice for shareholders. The dispatch marks a significant step in the acquisition process, with implications for shareholders and the market as the offer progresses.
China Alliance Venture Limited and China Wacan Group Company Limited have announced a further delay in the dispatch of a composite document related to a mandatory unconditional cash offer by Yellow River Securities Limited. This delay is due to the need for additional time to finalize certain information, including a letter of advice from the Independent Financial Adviser. The deadline for dispatch has been extended to on or before April 9, 2025, with the Executive indicating consent for this extension. Further announcements will be made as necessary.
China Wacan Group Company Limited, formerly known as Hands Form Holdings Limited, has announced its annual financial results for the year ended December 31, 2024. The company reported a revenue increase to HK$109,950,000 from HK$86,702,000 in the previous year, but also a gross loss of HK$12,883,000, which is an improvement from the previous year’s loss of HK$21,489,000. Despite the revenue growth, the company faced a total comprehensive expense of HK$43,338,000 attributable to equity holders, reflecting ongoing financial challenges.
China Alliance Venture Limited and China Wacan Group Company Limited have announced an update regarding a mandatory unconditional cash offer by Yellow River Securities Limited to acquire all issued shares of China Wacan Group, excluding those already owned by China Alliance Venture Limited. The despatch of the Composite Document, initially delayed, is now expected by March 31, 2025, with further announcements to follow as necessary.
China Wacan Group Company Limited has appointed Merdeka Corporate Finance Limited as the Independent Financial Adviser to the Independent Board Committee and Independent Shareholders. This appointment is part of the company’s response to the terms of an Offer, following the completion of a Sale and Purchase Agreement. The decision aims to ensure transparency and informed decision-making for stakeholders regarding the Offer.
China Alliance Venture Limited and China Wacan Group Company Limited have announced a delay in the despatch of a composite document related to a mandatory unconditional cash offer. This delay, extending the deadline from February 13, 2025, to March 31, 2025, is due to the need for additional time to finalize key information, including the Group’s indebtedness statement and an advisory letter from the Independent Financial Adviser. The extension has received a favorable response from the Executive, and further announcements will be made as necessary.