Breakdown | ||
Dec 2023 | Dec 2022 | Dec 2021 |
---|---|---|
Income Statement | Total Revenue | |
1.21B | 708.66M | 0.00 | Gross Profit |
197.10M | 106.49M | 0.00 | EBIT |
88.88M | 54.06M | 3.05M | EBITDA |
95.06M | 98.03M | 3.05M | Net Income Common Stockholders |
69.40M | 36.29M | 3.05M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |
243.18M | 115.81M | 84.81M | Total Assets |
679.00M | 564.41M | 534.91M | Total Debt |
176.82M | 195.81M | 189.36M | Net Debt |
-44.61M | 83.06M | 134.72M | Total Liabilities |
354.95M | 332.02M | 408.09M | Stockholders Equity |
324.04M | 232.39M | 126.82M |
Cash Flow | Free Cash Flow | |
104.33M | 78.42M | -37.00K | Operating Cash Flow |
105.79M | 80.12M | -37.00K | Investing Cash Flow |
39.64M | -8.44M | -21.32M | Financing Cash Flow |
-37.46M | -9.01M | 35.08M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
70 Outperform | $82.83B | 12.24 | 18.17% | 3.76% | 12.76% | 34.50% | |
68 Neutral | HK$1.73B | 4.67 | 14.66% | 17.50% | 4.95% | 94.03% | |
63 Neutral | $15.20B | 5.78 | 5.64% | 6.10% | 5.93% | -3.64% | |
59 Neutral | ― | ― | ― | ― | |||
56 Neutral | $4.37B | 5.27 | -19.28% | 5.13% | 19.96% | -54.67% | |
51 Neutral | HK$184.04M | 0.18 | 1417.08% | ― | -20.01% | ― | |
50 Neutral | HK$519.25M | 9.92 | 3.77% | ― | -11.44% | 111.76% |
EDA Group Holdings Limited has announced its upcoming annual general meeting, scheduled for May 28, 2025, in Hong Kong. Key agenda items include reviewing the audited financial statements for 2024, declaring a final dividend of HK3.5 cents per share, re-electing retiring directors, and re-appointing Ernst & Young as the independent auditor. Additionally, the meeting will address authorizing the board to manage director remuneration and approve share allotment powers, potentially impacting the company’s operational flexibility and shareholder value.
EDA Group Holdings Limited, through its wholly owned subsidiary EDA International, Inc., has entered into a lease agreement for a warehouse and office space in Romeoville, Illinois. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, as the value of the right-of-use assets exceeds 5% but is less than 25%. The lease spans 123 months with an initial base rent of $0.58 per square foot per month, increasing by an average of 3.5% annually, totaling approximately US$12.1 million over the lease term.
EDA Group Holdings Limited has announced a significant transaction involving its subsidiaries. Beijing Li Qian, a joint venture company, will acquire a 51.16% equity interest in one of EDA’s indirect wholly-owned subsidiaries, referred to as the Target Company, through a capital injection of RMB83,800,000. This transaction will reduce EDA’s equity interest in the Target Company from 100% to 48.84%, resulting in a deemed disposal under the Listing Rules. The move is considered a discloseable transaction, requiring an announcement but not shareholder approval, and it reflects strategic financial adjustments within the company.
EDA Group Holdings Limited announced its financial results for the year ending December 31, 2024, with a notable increase in revenue by 39.8% to RMB1,690,081,000 and gross profit rising by 27.3% to RMB250,995,000. However, the profit for the period decreased by 32.2% to RMB47,068,000, while the adjusted net profit saw a 23.9% increase to RMB113,903,000. The company declared a final dividend of HK3.5 cents per share, reflecting its commitment to shareholders despite the decline in overall profit.
EDA Group Holdings Limited has announced a final ordinary cash dividend of HKD 0.035 per share for the financial year ending December 31, 2024. The dividend will be paid on June 19, 2025, following shareholder approval on May 28, 2025. The ex-dividend date is set for May 30, 2025, with a record date of June 5, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may influence investor sentiment positively.
EDA Group Holdings Limited has announced a plan to invest up to $5 million in cryptocurrency acquisitions as part of its AI and blockchain business development strategy. The company has partnered with OKLink Trust to ensure secure and compliant asset acquisition and custody. This initiative is part of a broader strategy to enhance its cross-border e-commerce logistics services, aiming to create a transparent and efficient global supply chain network. The investment is seen as a long-term strategy to mitigate market fluctuations and reduce risks, with a specialized department established to manage and supervise the virtual asset business.
EDA Group Holdings Limited has announced a board meeting scheduled for March 25, 2025, to discuss and approve the company’s final results for the year ending December 31, 2024. The meeting will also consider the recommendation for a final dividend and address other business matters, potentially impacting the company’s financial strategy and stakeholder interests.
EDA Group Holdings Limited has entered into a strategic cooperation agreement with NAIF AIEDH ALMUTAIRI For Contracting to develop modern logistics parks in the Middle East. This partnership aims to integrate AI technology with logistics operations, enhancing market reach and addressing the growing demand for e-commerce logistics services in the region. The collaboration is expected to create significant synergies, fostering innovation and establishing a sustainable cross-border e-commerce logistics ecosystem.
EDA Group Holdings Limited, through its subsidiary Yinshan Investment, has entered into a Fund Partnership Agreement with Xizheng Fund to establish and manage two venture capital funds with a total size of RMB200 million. These funds will focus on investing in early to mid-cycle companies in the cross-border e-commerce innovation industries, with a particular emphasis on AI technology and smart warehousing sectors. This strategic move aims to strengthen the company’s position in the e-commerce and technology sectors by leveraging innovative investments.
EDA Group Holdings Limited has announced the integration of the DeepSeek AI model into its SaaS platform, aiming to enhance efficiency, cost savings, and competitiveness in the cross-border e-commerce logistics industry. This strategic move is expected to strengthen the company’s technological service revenue and competitive edge by creating a closed-loop ecosystem that optimizes demand forecasting, product sales, inventory management, and logistics distribution.
EDA Group Holdings Limited has announced its strategic guideline for 2025, aiming to become a leading global AI logistics technology services group. The company plans to leverage AI and large-scale model technology to enhance efficiency, reduce costs, and increase customer satisfaction in the cross-border e-commerce logistics industry. By 2030, EDA Group intends to achieve high growth and establish a comprehensive global logistics automation platform. In 2025, the focus will be on sales breakthroughs and operational efficiency, particularly in expanding into European, Middle Eastern, and emerging markets.
EDA Group Holdings Limited announced the adoption of a share award plan aimed at motivating, rewarding, and retaining eligible participants. This plan, effective for ten years, seeks to enhance performance and attract suitable personnel for the company’s growth, without requiring shareholder approval.
EDA Group Holdings Limited announced an increase in shareholding by cornerstone investor Reynold Lemkins Group (Asia) Limited. Reynold Lemkins has acquired a total of 13,586,000 shares, representing 3.1% of the company’s total issued share capital, indicating continued confidence in the company’s prospects.