Want to see HK:2048 full AI Analyst Report?
E-House (China) Enterprise Holdings Limited (2048) AI Stock Analysis
E-House (China) Enterprise Holdings Limited
(HKEX:2048)
The overall score is driven primarily by severe financial weakness, including persistent losses, negative equity, and ongoing cash burn. Weak technical momentum and the absence of valuation support further reduce the score, despite some stabilization in losses and cash outflows.
E-House (China) Enterprise Holdings Limited (2048) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 59.47M
- Dividend Yield
- ―
- Average Volume (3M)
- 29.85M
- Price to Earnings (P/E)
- -0.1
- Beta (1Y)
- 1.01
- Revenue Growth
- -42.52%
- EPS Growth
- 74.85%
- Country
- Hong Kong
- Employees
- 942
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Services
E-House (China) Enterprise Holdings Limited Business Overview & Revenue Model
Company Description
E-House (China) Enterprise Holdings Limited operates as an investment holding company, specializing in providing extensive real estate transaction services throughout the People's Republic of China and Vietnam. The firm's comprehensive offerings incl...
How the Company Makes Money
E-House (China) Enterprise Holdings Limited makes money primarily by charging fees and commissions for real estate-related services. Key revenue streams have historically included: (1) Primary (new-home) agency services: the company earns commissions...
E-House (China) Enterprise Holdings Limited Financial Statement Overview
Summary
Financial performance is severely weak: revenue is shrinking, losses remain persistent, operating cash flow is negative, and shareholders’ equity is deeply negative. Some improvement in losses and cash burn from 2021–2022 provides limited support, but the company remains financially distressed.
Income Statement
18Very NegativeBalance Sheet
10Very NegativeCash Flow
22Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.37B | 2.38B | 3.80B | 4.45B | 5.03B | 8.87B |
| Gross Profit | 637.62M | 2.38B | 3.80B | 4.45B | 5.03B | 8.87B |
| EBITDA | 515.24M | -64.57M | -316.38M | -814.10M | -2.52B | -6.35B |
| Net Income | -112.03M | -611.93M | -1.27B | -1.24B | -3.90B | -11.64B |
Balance Sheet | ||||||
| Total Assets | 1.21B | 1.46B | 2.10B | 4.08B | 5.85B | 12.13B |
| Cash, Cash Equivalents and Short-Term Investments | 184.56M | 222.52M | 367.66M | 689.40M | 1.33B | 3.53B |
| Total Debt | 5.17B | 5.36B | 5.64B | 6.09B | 6.14B | 7.16B |
| Total Liabilities | 9.56B | 10.04B | 10.09B | 10.65B | 10.88B | 12.14B |
| Stockholders Equity | -8.40B | -8.43B | -7.82B | -6.55B | -5.22B | -1.16B |
Cash Flow | ||||||
| Free Cash Flow | -55.87M | -218.93M | -217.11M | -445.01M | -1.12B | -2.74B |
| Operating Cash Flow | -32.08M | -194.56M | -205.19M | -432.75M | -1.09B | -2.37B |
| Investing Cash Flow | -25.28M | 114.83M | 379.90M | 33.00M | 715.51M | 299.33M |
| Financing Cash Flow | -35.69M | -105.62M | -493.87M | -208.99M | -1.75B | -2.06B |
E-House (China) Enterprise Holdings Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2048, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.67 is Neutral, neither overbought nor oversold. The STOCH value of 10.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2048.
E-House (China) Enterprise Holdings Limited Peers Comparison
Overall Rating
HK:215677Outperform
HK:120067Neutral
HK:242366Neutral
HK:331960Neutral
HK:087347Neutral
HK:204845Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 77Outperform | HKD 3.48B | 7.47 | 19.11% | 6.07% | 24.03% | 12.10% | |
| 67Neutral | HKD 1.18B | 2.13 | 36.57% | 3.66% | 23.97% | 85.96% | |
| 66Neutral | HKD 155.91B | 27.11 | 6.99% | 1.57% | -10.92% | 31.27% | |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| 60Neutral | HKD 2.67B | 31.84 | 0.70% | 7.27% | -2.93% | ― | |
| 47Neutral | HKD 752.79M | -56.15 | -0.13% | ― | 4.99% | 96.45% | |
| 45Neutral | HKD 59.47M | -0.12 | 5.01% | ― | -42.52% | 74.85% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2048 | E-House (China) Enterprise Holdings Limited | 0.03 | -0.05 | -57.50% | |
| HK:0873 | Shimao Services Holdings Limited | 0.30 | -0.36 | -53.79% | |
| HK:3319 | A-Living Smart City Services Co., Ltd. Class H | 1.88 | -0.47 | -20.07% | |
| HK:1200 | Midland Holdings Limited | 1.64 | -0.49 | -22.90% | |
| HK:2156 | C&D Property Management Group Co., Ltd. | 2.47 | -0.25 | -9.29% | |
| HK:2423 | KE Holdings, Inc. Class A | 45.98 | 3.31 | 7.76% |
E-House (China) Enterprise Holdings Limited Corporate Events
E-House Wins U.S. Court Backing for Offshore Debt Restructuring Schemes
E-House (China) Enterprise Holdings Limited has secured a key court order in the United States supporting its ongoing offshore debt restructuring efforts. The company announced that on 21 October 2026, a U.S. court granted the relief requested in its...
E-House (China) Secures Court Sanction for Cayman Scheme as Restructuring Advances
E-House (China) Enterprise Holdings Limited has secured sanction from the Grand Court of the Cayman Islands for its Cayman scheme of arrangement with scheme creditors, with the Cayman Scheme becoming effective on 9 October 2026. The company has also...
E-House Wins Hong Kong Court Approval for Key Step in Debt Restructuring
E-House (China) Enterprise Holdings announced that the High Court of Hong Kong has sanctioned its Hong Kong scheme of arrangement with scheme creditors, and that all conditions for this scheme have been met, making it effective as of 28 September 202...
E-House (China) Sets October U.S. Court Hearing in Cross-Border Restructuring Case
E-House (China) Enterprise Holdings Limited has announced that a U.S. bankruptcy court has scheduled a remote recognition hearing on 21 October 2026 to consider relief requested in a Verified Petition linked to its cross-border restructuring. The hea...
E-House China Seeks U.S. Court Recognition for Cross-Border Debt Restructuring
E-House (China) Enterprise Holdings Limited has initiated coordinated court processes in the Cayman Islands, Hong Kong and the United States to implement its debt restructuring plan through parallel schemes of arrangement. The company emphasizes that...
E-House Posts Interim Profit as It Restructures Debt and Pivots to AI Real Estate Solutions
China’s real estate market remained weak in the first half of 2026, with new residential sales area and investment falling year-on-year, prompting E-House to double down on cost control and cash management. The group reported a net profit of RM...
E-House (China) Updates Board Composition and Committee Roles
E-House (China) Enterprise Holdings Limited has updated its board composition effective 31 August 2026, confirming Zhou Xin as chairman and chief executive officer and Huang Canhao as vice chairman. The board includes a mix of executive, non-executiv...
E-House Wins Strong Creditor Backing for Cross-Border Debt Restructuring Schemes
E-House (China) Enterprise Holdings Limited has secured overwhelming support from its scheme creditors for parallel restructuring schemes in Hong Kong and the Cayman Islands. At meetings held on 27 August 2026, 357 out of 374 participating creditors,...
E-House Tightens Governance After Listing Rules Lapse on Major Asset Disposal
E-House (China) Enterprise Holdings has issued a supplemental announcement outlining enhanced governance measures after previously failing to comply in a timely manner with Hong Kong Listing Rules on a major disposal of its Wanju Property. The compan...
E-House Sets Late-August Board Meeting to Review Interim Results and Dividend
E-House (China) Enterprise Holdings Limited has scheduled a board meeting for 31 August 2026 to review and approve the group’s interim results for the six months ended 30 June 2026, along with their planned publication. The board will also cons...
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.
Date of analysis: Oct 15, 2026