E-Commodities Holdings（WWY1）株式概要E-コモディティーズ・ホールディングス・リミテッドは、その子会社とともに石炭やその他の製品の加工・取引を行っている。 詳細WWY1 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性5/6配当金2/6報酬株価収益率（ 6.5 x） German市場（ 16.9 x）を下回っています。リスク分析過去5年間で収益は年間16.7%減少しました。 German市場と比較して、過去 3 か月間の株価の変動が非常に大きい3.9%の配当はフリーキャッシュフローで十分にカバーされていない 利益率(1.3%)は昨年より低い(2.4%) すべてのリスクチェックを見るWWY1 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW468,491 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA468,491 investors already sharing narrativesYour Fair Value€Current Price€0.0643.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b41b2016201920222025202620282031Revenue HK$29.0bEarnings HK$362.1mAdvancedSet Fair ValueView all narrativesE-Commodities Holdings Limited 競合他社HMS BergbauSymbol: XTRA:HMUMarket cap: €177.6mNordwest HandelSymbol: DB:NWXMarket cap: €54.2mBrenntagSymbol: XTRA:BNRMarket cap: €8.8bAumannSymbol: XTRA:AAGMarket cap: €183.4m価格と性能株価の高値、安値、推移の概要E-Commodities Holdings過去の株価現在の株価HK$0.06452週高値HK$0.1152週安値HK$0.044ベータ0.451ヶ月の変化30.61%3ヶ月変化-8.57%1年変化-31.18%3年間の変化-46.67%5年間の変化6.67%IPOからの変化0%最新ニュースお知らせ • Aug 11E-Commodities Holdings Limited to Report First Half, 2026 Results on Aug 25, 2026E-Commodities Holdings Limited announced that they will report first half, 2026 results on Aug 25, 2026Buy Or Sell Opportunity • Jul 02Now 22% overvaluedOver the last 90 days, the stock has fallen 46% to €0.045. The fair value is estimated to be €0.037, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 46%.Buy Or Sell Opportunity • Jun 10Now 37% overvaluedOver the last 90 days, the stock has fallen 16% to €0.066. The fair value is estimated to be €0.048, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 46%.Declared Dividend • Apr 30Dividend of HK$0.03 announcedShareholders will receive a dividend of HK$0.03. Ex-date: 31st August 2026 Payment date: 16th September 2026 Dividend yield will be 39%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 72% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.9% EPS decline seen over the last 5 years.お知らせ • Apr 29E-Commodities Holdings Limited, Annual General Meeting, Jun 16, 2026E-Commodities Holdings Limited, Annual General Meeting, Jun 16, 2026, at 14:00 China Standard Time. Location: meeting room 3, 19th floor, sinoport plaza, 258 haojiang road, guangdong-macao in-depth cooperation zone, hengqin, ChinaReported Earnings • Mar 30Full year 2025 earnings released: EPS: HK$0.12 (vs HK$0.35 in FY 2024)Full year 2025 results: EPS: HK$0.12 (down from HK$0.35 in FY 2024). Revenue: HK$25.2b (down 36% from FY 2024). Net income: HK$315.7m (down 66% from FY 2024). Profit margin: 1.3% (down from 2.4% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.最新情報をもっと見るRecent updatesお知らせ • Aug 11E-Commodities Holdings Limited to Report First Half, 2026 Results on Aug 25, 2026E-Commodities Holdings Limited announced that they will report first half, 2026 results on Aug 25, 2026Buy Or Sell Opportunity • Jul 02Now 22% overvaluedOver the last 90 days, the stock has fallen 46% to €0.045. The fair value is estimated to be €0.037, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 46%.Buy Or Sell Opportunity • Jun 10Now 37% overvaluedOver the last 90 days, the stock has fallen 16% to €0.066. The fair value is estimated to be €0.048, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 46%.Declared Dividend • Apr 30Dividend of HK$0.03 announcedShareholders will receive a dividend of HK$0.03. Ex-date: 31st August 2026 Payment date: 16th September 2026 Dividend yield will be 39%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 72% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.9% EPS decline seen over the last 5 years.お知らせ • Apr 29E-Commodities Holdings Limited, Annual General Meeting, Jun 16, 2026E-Commodities Holdings Limited, Annual General Meeting, Jun 16, 2026, at 14:00 China Standard Time. Location: meeting room 3, 19th floor, sinoport plaza, 258 haojiang road, guangdong-macao in-depth cooperation zone, hengqin, ChinaReported Earnings • Mar 30Full year 2025 earnings released: EPS: HK$0.12 (vs HK$0.35 in FY 2024)Full year 2025 results: EPS: HK$0.12 (down from HK$0.35 in FY 2024). Revenue: HK$25.2b (down 36% from FY 2024). Net income: HK$315.7m (down 66% from FY 2024). Profit margin: 1.3% (down from 2.4% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.New Risk • Mar 29New major risk - Revenue and earnings growthEarnings have declined by 9.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 9.7% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.9% net profit margin).お知らせ • Mar 17E-Commodities Holdings Limited to Report Fiscal Year 2025 Results on Mar 27, 2026E-Commodities Holdings Limited announced that they will report fiscal year 2025 results on Mar 27, 2026New Risk • Jan 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (0.9% net profit margin).New Risk • Nov 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (0.9% net profit margin).Reported Earnings • Sep 26First half 2025 earnings released: EPS: HK$0.051 (vs HK$0.29 in 1H 2024)First half 2025 results: EPS: HK$0.051 (down from HK$0.29 in 1H 2024). Revenue: HK$12.7b (down 36% from 1H 2024). Net income: HK$136.2m (down 83% from 1H 2024). Profit margin: 1.1% (down from 3.9% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 24First half 2025 earnings released: EPS: HK$0.051 (vs HK$0.29 in 1H 2024)First half 2025 results: EPS: HK$0.051 (down from HK$0.29 in 1H 2024). Revenue: HK$12.7b (down 36% from 1H 2024). Net income: HK$136.2m (down 83% from 1H 2024). Profit margin: 1.1% (down from 3.9% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 19Upcoming dividend of HK$0.013 per shareEligible shareholders must have bought the stock before 26 August 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 9.3%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.3%).お知らせ • Aug 12E-Commodities Holdings Limited to Report First Half, 2025 Results on Aug 22, 2025E-Commodities Holdings Limited announced that they will report first half, 2025 results on Aug 22, 2025Reported Earnings • May 02Full year 2024 earnings released: EPS: HK$0.35 (vs HK$0.79 in FY 2023)Full year 2024 results: EPS: HK$0.35 (down from HK$0.79 in FY 2023). Revenue: HK$39.2b (down 3.5% from FY 2023). Net income: HK$921.5m (down 57% from FY 2023). Profit margin: 2.4% (down from 5.2% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 24% per year.お知らせ • Apr 28E-Commodities Holdings Limited, Annual General Meeting, May 30, 2025E-Commodities Holdings Limited, Annual General Meeting, May 30, 2025, at 11:00 China Standard Time. Location: room 2, united conference centre, 10/f, united centre, 95 queensway, admiralty, Hong KongBuy Or Sell Opportunity • Mar 24Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 35% to €0.092. The fair value is estimated to be €0.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 26%.お知らせ • Mar 24E-Commodities Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2024, Payable on 9 September 2025E-Commodities Holdings Limited proposed final dividend of HKD 0.013 per share for the year ended 31 December 2024. Payment date: 9 September 2025.Reported Earnings • Mar 23Full year 2024 earnings released: EPS: HK$0.35 (vs HK$0.79 in FY 2023)Full year 2024 results: EPS: HK$0.35 (down from HK$0.79 in FY 2023). Revenue: HK$39.2b (down 3.5% from FY 2023). Net income: HK$921.5m (down 57% from FY 2023). Profit margin: 2.4% (down from 5.2% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.お知らせ • Mar 11E-Commodities Holdings Limited to Report Fiscal Year 2024 Results on Mar 21, 2025E-Commodities Holdings Limited announced that they will report fiscal year 2024 results on Mar 21, 2025Upcoming Dividend • Dec 26Upcoming dividend of HK$0.073 per shareEligible shareholders must have bought the stock before 02 January 2025. Payment date: 16 January 2025. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 15%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.3%).お知らせ • Dec 19E-Commodities Holdings Limited Announces Board ChangesThe board of directors of E-Commodities Holdings Limited announced that Mr. Jin Zhiqiang ("Mr. Jin") has tendered his resignation as a non-executive Director with effect from 19 December 2024 due to change of work arrangement. Upon his resignation, Mr. Jin will no longer hold any position in the Group. The Board further announced that Ms. Feng Tong ("Ms. Feng") has been appointed as a non-executive Director with effect from 19 December 2024. Ms. Feng, aged 50, has been served as the general manager of Minmetal International Trading Company () since June 2022. Prior to joining the Company, Ms. Feng served as the deputy general manager and the general manager of Minmetals Cheerglory Limited () from May 2013 to June 2022; coke division general manager of the raw materials department of Minmetals Development Co. Ltd. () from September 2010 to May 2013; and division manager and other positions of China Minmetals Corporation () from August 1997 to September 2010. Ms. Feng obtained a bachelor's degree in Japanese from the University of International Business and Economics in July 1997.Declared Dividend • Sep 19First half dividend of HK$0.073 announcedShareholders will receive a dividend of HK$0.073. Ex-date: 2nd January 2025 Payment date: 16th January 2025 Dividend yield will be 60%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 14% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 26First half 2024 earnings released: EPS: HK$0.29 (vs HK$0.31 in 1H 2023)First half 2024 results: EPS: HK$0.29 (down from HK$0.31 in 1H 2023). Revenue: HK$19.9b (up 7.2% from 1H 2023). Net income: HK$782.9m (down 7.3% from 1H 2023). Profit margin: 3.9% (down from 4.6% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.お知らせ • Aug 05E-Commodities Holdings Limited to Report First Half, 2024 Results on Aug 23, 2024E-Commodities Holdings Limited announced that they will report first half, 2024 results on Aug 23, 2024Upcoming Dividend • May 28Upcoming dividend of HK$0.12 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 03 September 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%).New Risk • May 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.8% increase in shares outstanding).Declared Dividend • May 02Final dividend of HK$0.12 announcedShareholders will receive a dividend of HK$0.12. Ex-date: 4th June 2024 Payment date: 3rd September 2024 Dividend yield will be 74%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Apr 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.8% increase in shares outstanding).Reported Earnings • Mar 27Full year 2023 earnings released: EPS: HK$0.79 (vs HK$0.59 in FY 2022)Full year 2023 results: EPS: HK$0.79 (up from HK$0.59 in FY 2022). Revenue: HK$40.6b (up 18% from FY 2022). Net income: HK$2.12b (up 27% from FY 2022). Profit margin: 5.2% (up from 4.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 26E-Commodities Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on September 3, 2024E-Commodities Holdings Limited proposed final dividend of HKD 0.118 per share for the year ended 31 December 2023. Payment date is 03 September 2024.お知らせ • Mar 14E-Commodities Holdings Limited to Report Fiscal Year 2023 Results on Mar 26, 2024E-Commodities Holdings Limited announced that they will report fiscal year 2023 results on Mar 26, 2024Buy Or Sell Opportunity • Feb 27Now 21% undervaluedOver the last 90 days, the stock has risen 22% to €0.18. The fair value is estimated to be €0.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 42%.Buying Opportunity • Jan 02Now 22% undervaluedOver the last 90 days, the stock is up 2.6%. The fair value is estimated to be €0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 42%.Upcoming Dividend • Dec 26Upcoming dividend of HK$0.078 per share at 10% yieldEligible shareholders must have bought the stock before 02 January 2024. Payment date: 16 January 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 10%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.6%).お知らせ • Nov 10E-Commodities Holdings Limited Announces Change of Non-Executive DirectorE-Commodities Holdings Limited announced that Mr. Guo Lisheng ("Mr. Guo") has tendered his resignation as a non-executive director of the Company (the "Director") with effect from 9 November 2023 since he is approaching the statutory retirement age. Upon his resignation, Mr. Guo will no longer hold any position in the Group. Mr. Guo has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention to the shareholders of the Company. The Board would like to take this opportunity to express its sincere gratitude to Mr. Guo for his outstanding and valuable contribution to the Company during his term of service. The Board is pleased to further announce that Mr. Jin Zhiqiang ("Mr. Jin") has been appointed as a non-executive Director with effect from 9 November 2023. Mr. Jin, aged 49, is currently the deputy general manager of Minmetals International Trading Company Pte. Ltd. From August 1996 to July 2004, he worked at the minmetals trading mineral products department of China Minmetals Corporation. From July 2004 to September 2010, he served as the department manager at mineral products department of China National Minerals Co. Ltd. ("China National Minerals"), which is a wholly-owned subsidiary of Minmetals Development Co. Ltd. ("Minmetals Development"). From September 2010 to February 2013, he served as the deputy general manager at non-mineral refractory department under raw materials business division of Minmetals Development. From March 2013 to August 2020, he served as the general manager at non-mineral refractory department of China National Minerals. From August 2020 to March 2022, he served as the deputy general manager at China National Minerals. From March 2022 to April 2023, he served as the general manager of iron ore business department, and the deputy general manager at China National Minerals. From May 2023 to July 2023, he served as the deputy general manager of China National Minerals. Since July 2023, he has been serving as deputy general manager of Minmetals International Trading Company Pte. Ltd. Mr. Jin obtained a bachelor's degree in international trade from the University of International Business and Economics in July 1996, and a master's degree in business management from Beijing Institute of Technology in September 2005.Buying Opportunity • Sep 12Now 28% undervaluedOver the last 90 days, the stock is up 36%. The fair value is estimated to be €0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 42%.Reported Earnings • Aug 30First half 2023 earnings released: EPS: HK$0.31 (vs HK$0.25 in 1H 2022)First half 2023 results: EPS: HK$0.31 (up from HK$0.25 in 1H 2022). Revenue: HK$18.5b (up 10% from 1H 2022). Net income: HK$844.6m (up 20% from 1H 2022). Profit margin: 4.6% (up from 4.2% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 29+ 1 more updateE-Commodities Holdings Limited Announces Change of Executive Director and Change in Composition of Board CommitteesE-Commodities Holdings Limited announced that Ms. Di Jingmin ("Ms. Di") has tendered her resignation as an executive director of the Company (the "Director"), a member of the nomination committee of the Board (the "Nomination Committee"), and chairman of the environment, social and governance committee of the Board (the "ESG Committee") with effect from 28 August 2023 as she would like to focus on cultivating talents, team building and other relevant work of the Group and devote more time thereof. After the resignation, Ms. Di will remain as senior vice president of the Group. Ms. Di has confirmed that she has no disagreement with the Board and there is no matter relating to her resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders"). The Board would like to take this opportunity to express its sincere gratitude to Ms. Di for her outstanding and valuable contribution to the Company during her term of service. The Board is pleased to further announce that Ms. Chen Xiuzhu ("Ms. Chen") has been appointed as an executive Director, the chairman of ESG Committee and a member of Nomination Committee with effect from 28 August 2023. Ms. Chen, aged 39, is currently the vice president and company secretary of the Company. Ms. Chen joined the Company in July 2012 and was appointed as the vice president of the Company in March 2023. She is currently responsible for the Group's investment management, digital development and internet application innovation. Ms. Chen also serves as the director and/or general manager of certain subsidiaries of the Company. Ms. Chen has extensive experience in corporate governance and capital operations. Prior to joining the Company, Ms. Chen served as a project manager for ChinaMex from October 2006 to April 2010, and as an investor relations manager for China Solar & Clean Energy Solutions Inc. and Kailong Fund* (), respectively, from June 2010 to May 2012. Ms. Chen is a senior member of the Hong Kong Chartered Governance Institute. Ms. Chen obtained a bachelor's degree in arts from China University of Political Science and Law in September 2006, a master's degree in business administration Beijing Normal University Business School in June 2014, and a master's degree in corporate governance from the Open University of Hong Kong in August 2019. The Company entered into a service contract with Ms. Chen for a term of three years commencing from 28 August 2023 regarding the appointment of Ms. Chen as an executive Director. Ms. Chen will hold the office until the next following annual general meeting of the Company after her appointment and will be subject to re-election at that meeting and thereafter in accordance with the amended and restated articles of association of the Company. Apart from the performance based salary for her other positions in the Group, Ms. Chen will be entitled to receive a fixed sum of US$30,000 per annum as the director's fee for her appointment as an executive Director under the service contract, which is determined with reference to her duties and responsibilities as an executive Director and the prevailing market conditions. Ms. Di has resigned as the chairman of the ESG Committee and a member of the Nomination Committee and Ms. Chen is appointed as the chairman of the ESG Committee and a member of the Nomination Committee with effect from 28 August 2023. With effect from 28 August 2023, the four committees of the Board will comprise: · Audit Committee: Mr. Ng Yuk Keung (chairman), Mr. Wang Wenfu and Mr. Gao Zhikai · Remuneration Committee: Mr. Wang Wenfu (chairman), Ms. Cao Xinyi and Mr. Ng Yuk Keung · Nomination Committee: Mr. Gao Zhikai (chairman), Mr. Ng Yuk Keung and Ms. Chen Xiuzhu · ESG Committee: Ms. Chen Xiuzhu (chairman), Mr. Wang Wenfu and Mr. Gao Zhikai.お知らせ • Aug 05E-Commodities Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023E-Commodities Holdings Limited announced that they will report first half, 2023 results on Aug 28, 2023Upcoming Dividend • May 31Upcoming dividend of HK$0.084 per share at 15% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 15%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.7%).Reported Earnings • Mar 22Full year 2022 earnings released: EPS: HK$0.59 (vs HK$1.15 in FY 2021)Full year 2022 results: EPS: HK$0.59 (down from HK$1.15 in FY 2021). Revenue: HK$34.4b (down 16% from FY 2021). Net income: HK$1.67b (down 52% from FY 2021). Profit margin: 4.8% (down from 8.4% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Dec 27Upcoming dividend of HK$0.061 per shareEligible shareholders must have bought the stock before 03 January 2023. Payment date: 18 January 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (8.4%).Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Wenfu Wang was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Sep 22E-Commodities Holdings Limited Announces Interim Dividend, Payable on January 18, 2023E-Commodities Holdings Limited announced that the declaration of an interim dividend in cash of HKD 0.061 per Share has been approved by the Board, which is expected to be payable on 18 January 2023. Ex-dividend date is 03 January 2023 and Record date is 10 January 2023.お知らせ • Aug 25E-Commodities Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2022E-Commodities Holdings Limited Interim Dividend of HKD 0.061 per share for the Six Months Ended 30 June 2022.Reported Earnings • Aug 24First half 2022 earnings released: EPS: HK$0.25 (vs HK$0.26 in 1H 2021)First half 2022 results: EPS: HK$0.25 (down from HK$0.26 in 1H 2021). Revenue: HK$16.8b (up 38% from 1H 2021). Net income: HK$703.3m (down 9.5% from 1H 2021). Profit margin: 4.2% (down from 6.4% in 1H 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 06E-Commodities Holdings Limited to Report First Half, 2022 Results on Aug 24, 2022E-Commodities Holdings Limited announced that they will report first half, 2022 results on Aug 24, 2022Upcoming Dividend • Jun 27Upcoming dividend of HK$0.30 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 16 September 2022. Trailing yield: 13%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (8.7%).Recent Insider Transactions • Jun 02Insider recently sold €3.8m worth of stockOn the 27th of May, Xingchun Wang sold around 16m shares on-market at roughly €0.23 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.2m more than they bought in the last 12 months.お知らせ • May 18E-Commodities Holdings Limited Declares Final Dividend, Payable on September 16, 2022E-Commodities Holdings Limited declared final dividend for the year ended December 31, 2021. HKD 0.302 per share will be paid on September 16, 2022 to the record holders as on July 12, 2022. Ex-dividend date is July 04, 2022.お知らせ • May 17E-Commodities Holdings Limited, Annual General Meeting, Jun 27, 2022E-Commodities Holdings Limited, Annual General Meeting, Jun 27, 2022, at 14:00 China Standard Time. Location: Plum Hall, Floor 2, Beijing International Hotel No.9 Jianguomennei Avenue Beijing China Agenda: To receive and consider the audited consolidated financial statements and the Directors' Report and the Independent Auditor's Report for the year ended 31 December 2021; to declare a final dividend for the year ended 31 December 2021; to re-elect Ms. Cao Xinyi as an executive Director; to re-elect Ms. Di Jingmin as an executive Director; to re-elect Mr. Zhao Wei as an executive Director; to re-elect Mr. Guo Lisheng as a non-executive Director; to authorise the Board to fix the remunerations of the Directors; and to re-appoint Messrs. KPMG as auditors of the Company and to authorise the Board to fix the Auditor's remuneration.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Wenfu Wang was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 30Full year 2021 earnings released: EPS: HK$1.15 (vs HK$0.15 in FY 2020)Full year 2021 results: EPS: HK$1.15 (up from HK$0.15 in FY 2020). Revenue: HK$41.2b (up 87% from FY 2020). Net income: HK$3.46b (up HK$3.00b from FY 2020). Profit margin: 8.4% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30E-Commodities Holdings Limited Announces Final Dividend for the Year Ended 31 December 2021E-Commodities Holdings Limited announced final ordinary dividend of HKD 0.302 per share For the financial year end 31 December 2021.Upcoming Dividend • Nov 29Inaugural dividend of HK$0.064 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 10 January 2022. The company last paid an ordinary dividend in April 2019. The average dividend yield among industry peers is 8.0%.Reported Earnings • Oct 03First half 2021 earnings released: EPS HK$0.26 (vs HK$0.084 in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$12.1b (down 5.5% from 1H 2020). Net income: HK$777.5m (up 205% from 1H 2020). Profit margin: 6.4% (up from 2.0% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Reported Earnings • Sep 01First half 2021 earnings released: EPS HK$0.26 (vs HK$0.084 in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$12.1b (down 5.5% from 1H 2020). Net income: HK$777.5m (up 205% from 1H 2020). Profit margin: 6.4% (up from 2.0% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Aug 31E-Commodities Holdings Limited Approves Special Dividend, Payable on or Around 10 January 2022E-Commodities Holdings Limited announced the declaration of a special dividend in cash of HKD 0.064 per share of the company has been approved by the board, which is expected to be payable on or around 10 January 2022.Executive Departure • Aug 05VP & Executive Director Jianlou Li has left the companyOn the 30th of July, Jianlou Li's tenure as VP & Executive Director ended. As of March 2021, Jianlou still personally held 3.41m shares (€73k worth at the time). Jianlou is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Reported Earnings • Mar 28Full year 2020 earnings released: EPS HK$0.15 (vs HK$0.10 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: HK$22.0b (down 27% from FY 2019). Net income: HK$462.4m (up 48% from FY 2019). Profit margin: 2.1% (up from 1.0% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Mar 10E-Commodities Holdings Limited to Report Fiscal Year 2020 Results on Mar 26, 2021E-Commodities Holdings Limited announced that they will report fiscal year 2020 results on Mar 26, 2021Reported Earnings • Sep 27First half earnings releasedOver the last 12 months the company has reported total profits of HK$329.7m, down 49% from the prior year. Total revenue was HK$29.2b over the last 12 months, down 9.5% from the prior year.お知らせ • Sep 21E-Commodities Holdings Limited(SEHK:1733) dropped from S&P Global BMI IndexE-Commodities Holdings Limited(SEHK:1733) dropped from S&P Global BMI Indexお知らせ • Aug 23E-Commodities Holdings Limited to Report First Half, 2020 Results on Aug 27, 2020E-Commodities Holdings Limited announced that they will report first half, 2020 results on Aug 27, 2020株主還元WWY1DE Trade DistributorsDE 市場7D25.5%-2.9%0.6%1Y-31.2%11.0%3.6%株主還元を見る業界別リターン: WWY1過去 1 年間で11 % の収益を上げたGerman Trade Distributors業界を下回りました。リターン対市場: WWY1は、過去 1 年間で3.6 % のリターンを上げたGerman市場を下回りました。価格変動Is WWY1's price volatile compared to industry and market?WWY1 volatilityWWY1 Average Weekly Movement19.9%Trade Distributors Industry Average Movement3.7%Market Average Movement5.3%10% most volatile stocks in DE Market12.7%10% least volatile stocks in DE Market2.7%安定した株価: WWY1の株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: WWY1の weekly volatility ( 20% ) は過去 1 年間安定していますが、依然としてGermanの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19952,601Xinyi Caowww.e-comm.comE-コモディティーズ・ホールディングス・リミテッドは、子会社とともに石炭およびその他製品の加工・取引を行っている。同社は、石炭およびその他の製品の取引と、統合サプライチェーン・サービスの提供という2つのセグメントを通じて事業を展開している。また、サプライチェーン・トレーディングとテクノロジー・サービスを提供し、採掘設備、加工工場、物流パークの建設、管理、運営、採掘、加工委託、物流サービスの提供も行っている。中華人民共和国、インドネシア、マレーシア、モンゴル、韓国、インド、日本、ベトナム、オランダ、および海外で事業を展開している。以前はWinsway Enterprises Holdings Limitedとして知られていたが、2016年8月にE-Commodities Holdings Limitedに社名変更した。E-コモディティーズ・ホールディングス・リミテッドは1995年に設立され、中華人民共和国の北京に本社を置いている。E-Commodities Holdings LimitedはFamous Speech Limitedの子会社である。もっと見るE-Commodities Holdings Limited 基礎のまとめE-Commodities Holdings の収益と売上を時価総額と比較するとどうか。WWY1 基礎統計学時価総額€227.39m収益（TTM）€34.92m売上高(TTM)€2.79b6.5xPER（株価収益率0.1xP/SレシオWWY1 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計WWY1 損益計算書（TTM）収益HK$25.24b売上原価HK$24.34b売上総利益HK$900.45mその他の費用HK$584.77m収益HK$315.68m直近の収益報告Dec 31, 2025次回決算日Aug 25, 2026一株当たり利益（EPS）0.12グロス・マージン3.57%純利益率1.25%有利子負債／自己資本比率32.2%WWY1 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.9%現在の配当利回り25%配当性向WWY1 配当は確実ですか？WWY1 配当履歴とベンチマークを見るWWY1 、いつまでに購入すれば配当金を受け取れますか？E-Commodities Holdings 配当日配当落ち日Aug 31 2026配当支払日Sep 16 2026配当落ちまでの日数18 days配当支払日までの日数34 daysWWY1 配当は確実ですか？WWY1 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/12 04:40終値2026/08/12 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋E-Commodities Holdings Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Aaron GeCitigroup IncFelix LamDaiwa Securities Co. Ltd.James KanDeutsche Bank5 その他のアナリストを表示
お知らせ • Aug 11E-Commodities Holdings Limited to Report First Half, 2026 Results on Aug 25, 2026E-Commodities Holdings Limited announced that they will report first half, 2026 results on Aug 25, 2026
Buy Or Sell Opportunity • Jul 02Now 22% overvaluedOver the last 90 days, the stock has fallen 46% to €0.045. The fair value is estimated to be €0.037, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 46%.
Buy Or Sell Opportunity • Jun 10Now 37% overvaluedOver the last 90 days, the stock has fallen 16% to €0.066. The fair value is estimated to be €0.048, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 46%.
Declared Dividend • Apr 30Dividend of HK$0.03 announcedShareholders will receive a dividend of HK$0.03. Ex-date: 31st August 2026 Payment date: 16th September 2026 Dividend yield will be 39%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 72% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.9% EPS decline seen over the last 5 years.
お知らせ • Apr 29E-Commodities Holdings Limited, Annual General Meeting, Jun 16, 2026E-Commodities Holdings Limited, Annual General Meeting, Jun 16, 2026, at 14:00 China Standard Time. Location: meeting room 3, 19th floor, sinoport plaza, 258 haojiang road, guangdong-macao in-depth cooperation zone, hengqin, China
Reported Earnings • Mar 30Full year 2025 earnings released: EPS: HK$0.12 (vs HK$0.35 in FY 2024)Full year 2025 results: EPS: HK$0.12 (down from HK$0.35 in FY 2024). Revenue: HK$25.2b (down 36% from FY 2024). Net income: HK$315.7m (down 66% from FY 2024). Profit margin: 1.3% (down from 2.4% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 11E-Commodities Holdings Limited to Report First Half, 2026 Results on Aug 25, 2026E-Commodities Holdings Limited announced that they will report first half, 2026 results on Aug 25, 2026
Buy Or Sell Opportunity • Jul 02Now 22% overvaluedOver the last 90 days, the stock has fallen 46% to €0.045. The fair value is estimated to be €0.037, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 46%.
Buy Or Sell Opportunity • Jun 10Now 37% overvaluedOver the last 90 days, the stock has fallen 16% to €0.066. The fair value is estimated to be €0.048, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has declined by 46%.
Declared Dividend • Apr 30Dividend of HK$0.03 announcedShareholders will receive a dividend of HK$0.03. Ex-date: 31st August 2026 Payment date: 16th September 2026 Dividend yield will be 39%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 72% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.9% EPS decline seen over the last 5 years.
お知らせ • Apr 29E-Commodities Holdings Limited, Annual General Meeting, Jun 16, 2026E-Commodities Holdings Limited, Annual General Meeting, Jun 16, 2026, at 14:00 China Standard Time. Location: meeting room 3, 19th floor, sinoport plaza, 258 haojiang road, guangdong-macao in-depth cooperation zone, hengqin, China
Reported Earnings • Mar 30Full year 2025 earnings released: EPS: HK$0.12 (vs HK$0.35 in FY 2024)Full year 2025 results: EPS: HK$0.12 (down from HK$0.35 in FY 2024). Revenue: HK$25.2b (down 36% from FY 2024). Net income: HK$315.7m (down 66% from FY 2024). Profit margin: 1.3% (down from 2.4% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
New Risk • Mar 29New major risk - Revenue and earnings growthEarnings have declined by 9.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 9.7% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.9% net profit margin).
お知らせ • Mar 17E-Commodities Holdings Limited to Report Fiscal Year 2025 Results on Mar 27, 2026E-Commodities Holdings Limited announced that they will report fiscal year 2025 results on Mar 27, 2026
New Risk • Jan 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (0.9% net profit margin).
New Risk • Nov 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Profit margins are more than 30% lower than last year (0.9% net profit margin).
Reported Earnings • Sep 26First half 2025 earnings released: EPS: HK$0.051 (vs HK$0.29 in 1H 2024)First half 2025 results: EPS: HK$0.051 (down from HK$0.29 in 1H 2024). Revenue: HK$12.7b (down 36% from 1H 2024). Net income: HK$136.2m (down 83% from 1H 2024). Profit margin: 1.1% (down from 3.9% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 24First half 2025 earnings released: EPS: HK$0.051 (vs HK$0.29 in 1H 2024)First half 2025 results: EPS: HK$0.051 (down from HK$0.29 in 1H 2024). Revenue: HK$12.7b (down 36% from 1H 2024). Net income: HK$136.2m (down 83% from 1H 2024). Profit margin: 1.1% (down from 3.9% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 19Upcoming dividend of HK$0.013 per shareEligible shareholders must have bought the stock before 26 August 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 9.3%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.3%).
お知らせ • Aug 12E-Commodities Holdings Limited to Report First Half, 2025 Results on Aug 22, 2025E-Commodities Holdings Limited announced that they will report first half, 2025 results on Aug 22, 2025
Reported Earnings • May 02Full year 2024 earnings released: EPS: HK$0.35 (vs HK$0.79 in FY 2023)Full year 2024 results: EPS: HK$0.35 (down from HK$0.79 in FY 2023). Revenue: HK$39.2b (down 3.5% from FY 2023). Net income: HK$921.5m (down 57% from FY 2023). Profit margin: 2.4% (down from 5.2% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 24% per year.
お知らせ • Apr 28E-Commodities Holdings Limited, Annual General Meeting, May 30, 2025E-Commodities Holdings Limited, Annual General Meeting, May 30, 2025, at 11:00 China Standard Time. Location: room 2, united conference centre, 10/f, united centre, 95 queensway, admiralty, Hong Kong
Buy Or Sell Opportunity • Mar 24Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 35% to €0.092. The fair value is estimated to be €0.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 26%.
お知らせ • Mar 24E-Commodities Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2024, Payable on 9 September 2025E-Commodities Holdings Limited proposed final dividend of HKD 0.013 per share for the year ended 31 December 2024. Payment date: 9 September 2025.
Reported Earnings • Mar 23Full year 2024 earnings released: EPS: HK$0.35 (vs HK$0.79 in FY 2023)Full year 2024 results: EPS: HK$0.35 (down from HK$0.79 in FY 2023). Revenue: HK$39.2b (down 3.5% from FY 2023). Net income: HK$921.5m (down 57% from FY 2023). Profit margin: 2.4% (down from 5.2% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 11E-Commodities Holdings Limited to Report Fiscal Year 2024 Results on Mar 21, 2025E-Commodities Holdings Limited announced that they will report fiscal year 2024 results on Mar 21, 2025
Upcoming Dividend • Dec 26Upcoming dividend of HK$0.073 per shareEligible shareholders must have bought the stock before 02 January 2025. Payment date: 16 January 2025. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 15%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.3%).
お知らせ • Dec 19E-Commodities Holdings Limited Announces Board ChangesThe board of directors of E-Commodities Holdings Limited announced that Mr. Jin Zhiqiang ("Mr. Jin") has tendered his resignation as a non-executive Director with effect from 19 December 2024 due to change of work arrangement. Upon his resignation, Mr. Jin will no longer hold any position in the Group. The Board further announced that Ms. Feng Tong ("Ms. Feng") has been appointed as a non-executive Director with effect from 19 December 2024. Ms. Feng, aged 50, has been served as the general manager of Minmetal International Trading Company () since June 2022. Prior to joining the Company, Ms. Feng served as the deputy general manager and the general manager of Minmetals Cheerglory Limited () from May 2013 to June 2022; coke division general manager of the raw materials department of Minmetals Development Co. Ltd. () from September 2010 to May 2013; and division manager and other positions of China Minmetals Corporation () from August 1997 to September 2010. Ms. Feng obtained a bachelor's degree in Japanese from the University of International Business and Economics in July 1997.
Declared Dividend • Sep 19First half dividend of HK$0.073 announcedShareholders will receive a dividend of HK$0.073. Ex-date: 2nd January 2025 Payment date: 16th January 2025 Dividend yield will be 60%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 14% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 26First half 2024 earnings released: EPS: HK$0.29 (vs HK$0.31 in 1H 2023)First half 2024 results: EPS: HK$0.29 (down from HK$0.31 in 1H 2023). Revenue: HK$19.9b (up 7.2% from 1H 2023). Net income: HK$782.9m (down 7.3% from 1H 2023). Profit margin: 3.9% (down from 4.6% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
お知らせ • Aug 05E-Commodities Holdings Limited to Report First Half, 2024 Results on Aug 23, 2024E-Commodities Holdings Limited announced that they will report first half, 2024 results on Aug 23, 2024
Upcoming Dividend • May 28Upcoming dividend of HK$0.12 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 03 September 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.1%).
New Risk • May 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.8% increase in shares outstanding).
Declared Dividend • May 02Final dividend of HK$0.12 announcedShareholders will receive a dividend of HK$0.12. Ex-date: 4th June 2024 Payment date: 3rd September 2024 Dividend yield will be 74%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Apr 17New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.8% increase in shares outstanding).
Reported Earnings • Mar 27Full year 2023 earnings released: EPS: HK$0.79 (vs HK$0.59 in FY 2022)Full year 2023 results: EPS: HK$0.79 (up from HK$0.59 in FY 2022). Revenue: HK$40.6b (up 18% from FY 2022). Net income: HK$2.12b (up 27% from FY 2022). Profit margin: 5.2% (up from 4.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 26E-Commodities Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on September 3, 2024E-Commodities Holdings Limited proposed final dividend of HKD 0.118 per share for the year ended 31 December 2023. Payment date is 03 September 2024.
お知らせ • Mar 14E-Commodities Holdings Limited to Report Fiscal Year 2023 Results on Mar 26, 2024E-Commodities Holdings Limited announced that they will report fiscal year 2023 results on Mar 26, 2024
Buy Or Sell Opportunity • Feb 27Now 21% undervaluedOver the last 90 days, the stock has risen 22% to €0.18. The fair value is estimated to be €0.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 42%.
Buying Opportunity • Jan 02Now 22% undervaluedOver the last 90 days, the stock is up 2.6%. The fair value is estimated to be €0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 42%.
Upcoming Dividend • Dec 26Upcoming dividend of HK$0.078 per share at 10% yieldEligible shareholders must have bought the stock before 02 January 2024. Payment date: 16 January 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 10%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.6%).
お知らせ • Nov 10E-Commodities Holdings Limited Announces Change of Non-Executive DirectorE-Commodities Holdings Limited announced that Mr. Guo Lisheng ("Mr. Guo") has tendered his resignation as a non-executive director of the Company (the "Director") with effect from 9 November 2023 since he is approaching the statutory retirement age. Upon his resignation, Mr. Guo will no longer hold any position in the Group. Mr. Guo has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention to the shareholders of the Company. The Board would like to take this opportunity to express its sincere gratitude to Mr. Guo for his outstanding and valuable contribution to the Company during his term of service. The Board is pleased to further announce that Mr. Jin Zhiqiang ("Mr. Jin") has been appointed as a non-executive Director with effect from 9 November 2023. Mr. Jin, aged 49, is currently the deputy general manager of Minmetals International Trading Company Pte. Ltd. From August 1996 to July 2004, he worked at the minmetals trading mineral products department of China Minmetals Corporation. From July 2004 to September 2010, he served as the department manager at mineral products department of China National Minerals Co. Ltd. ("China National Minerals"), which is a wholly-owned subsidiary of Minmetals Development Co. Ltd. ("Minmetals Development"). From September 2010 to February 2013, he served as the deputy general manager at non-mineral refractory department under raw materials business division of Minmetals Development. From March 2013 to August 2020, he served as the general manager at non-mineral refractory department of China National Minerals. From August 2020 to March 2022, he served as the deputy general manager at China National Minerals. From March 2022 to April 2023, he served as the general manager of iron ore business department, and the deputy general manager at China National Minerals. From May 2023 to July 2023, he served as the deputy general manager of China National Minerals. Since July 2023, he has been serving as deputy general manager of Minmetals International Trading Company Pte. Ltd. Mr. Jin obtained a bachelor's degree in international trade from the University of International Business and Economics in July 1996, and a master's degree in business management from Beijing Institute of Technology in September 2005.
Buying Opportunity • Sep 12Now 28% undervaluedOver the last 90 days, the stock is up 36%. The fair value is estimated to be €0.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 42%.
Reported Earnings • Aug 30First half 2023 earnings released: EPS: HK$0.31 (vs HK$0.25 in 1H 2022)First half 2023 results: EPS: HK$0.31 (up from HK$0.25 in 1H 2022). Revenue: HK$18.5b (up 10% from 1H 2022). Net income: HK$844.6m (up 20% from 1H 2022). Profit margin: 4.6% (up from 4.2% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 29+ 1 more updateE-Commodities Holdings Limited Announces Change of Executive Director and Change in Composition of Board CommitteesE-Commodities Holdings Limited announced that Ms. Di Jingmin ("Ms. Di") has tendered her resignation as an executive director of the Company (the "Director"), a member of the nomination committee of the Board (the "Nomination Committee"), and chairman of the environment, social and governance committee of the Board (the "ESG Committee") with effect from 28 August 2023 as she would like to focus on cultivating talents, team building and other relevant work of the Group and devote more time thereof. After the resignation, Ms. Di will remain as senior vice president of the Group. Ms. Di has confirmed that she has no disagreement with the Board and there is no matter relating to her resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders"). The Board would like to take this opportunity to express its sincere gratitude to Ms. Di for her outstanding and valuable contribution to the Company during her term of service. The Board is pleased to further announce that Ms. Chen Xiuzhu ("Ms. Chen") has been appointed as an executive Director, the chairman of ESG Committee and a member of Nomination Committee with effect from 28 August 2023. Ms. Chen, aged 39, is currently the vice president and company secretary of the Company. Ms. Chen joined the Company in July 2012 and was appointed as the vice president of the Company in March 2023. She is currently responsible for the Group's investment management, digital development and internet application innovation. Ms. Chen also serves as the director and/or general manager of certain subsidiaries of the Company. Ms. Chen has extensive experience in corporate governance and capital operations. Prior to joining the Company, Ms. Chen served as a project manager for ChinaMex from October 2006 to April 2010, and as an investor relations manager for China Solar & Clean Energy Solutions Inc. and Kailong Fund* (), respectively, from June 2010 to May 2012. Ms. Chen is a senior member of the Hong Kong Chartered Governance Institute. Ms. Chen obtained a bachelor's degree in arts from China University of Political Science and Law in September 2006, a master's degree in business administration Beijing Normal University Business School in June 2014, and a master's degree in corporate governance from the Open University of Hong Kong in August 2019. The Company entered into a service contract with Ms. Chen for a term of three years commencing from 28 August 2023 regarding the appointment of Ms. Chen as an executive Director. Ms. Chen will hold the office until the next following annual general meeting of the Company after her appointment and will be subject to re-election at that meeting and thereafter in accordance with the amended and restated articles of association of the Company. Apart from the performance based salary for her other positions in the Group, Ms. Chen will be entitled to receive a fixed sum of US$30,000 per annum as the director's fee for her appointment as an executive Director under the service contract, which is determined with reference to her duties and responsibilities as an executive Director and the prevailing market conditions. Ms. Di has resigned as the chairman of the ESG Committee and a member of the Nomination Committee and Ms. Chen is appointed as the chairman of the ESG Committee and a member of the Nomination Committee with effect from 28 August 2023. With effect from 28 August 2023, the four committees of the Board will comprise: · Audit Committee: Mr. Ng Yuk Keung (chairman), Mr. Wang Wenfu and Mr. Gao Zhikai · Remuneration Committee: Mr. Wang Wenfu (chairman), Ms. Cao Xinyi and Mr. Ng Yuk Keung · Nomination Committee: Mr. Gao Zhikai (chairman), Mr. Ng Yuk Keung and Ms. Chen Xiuzhu · ESG Committee: Ms. Chen Xiuzhu (chairman), Mr. Wang Wenfu and Mr. Gao Zhikai.
お知らせ • Aug 05E-Commodities Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023E-Commodities Holdings Limited announced that they will report first half, 2023 results on Aug 28, 2023
Upcoming Dividend • May 31Upcoming dividend of HK$0.084 per share at 15% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 15%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.7%).
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: HK$0.59 (vs HK$1.15 in FY 2021)Full year 2022 results: EPS: HK$0.59 (down from HK$1.15 in FY 2021). Revenue: HK$34.4b (down 16% from FY 2021). Net income: HK$1.67b (down 52% from FY 2021). Profit margin: 4.8% (down from 8.4% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Dec 27Upcoming dividend of HK$0.061 per shareEligible shareholders must have bought the stock before 03 January 2023. Payment date: 18 January 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (8.4%).
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Wenfu Wang was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Sep 22E-Commodities Holdings Limited Announces Interim Dividend, Payable on January 18, 2023E-Commodities Holdings Limited announced that the declaration of an interim dividend in cash of HKD 0.061 per Share has been approved by the Board, which is expected to be payable on 18 January 2023. Ex-dividend date is 03 January 2023 and Record date is 10 January 2023.
お知らせ • Aug 25E-Commodities Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2022E-Commodities Holdings Limited Interim Dividend of HKD 0.061 per share for the Six Months Ended 30 June 2022.
Reported Earnings • Aug 24First half 2022 earnings released: EPS: HK$0.25 (vs HK$0.26 in 1H 2021)First half 2022 results: EPS: HK$0.25 (down from HK$0.26 in 1H 2021). Revenue: HK$16.8b (up 38% from 1H 2021). Net income: HK$703.3m (down 9.5% from 1H 2021). Profit margin: 4.2% (down from 6.4% in 1H 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 06E-Commodities Holdings Limited to Report First Half, 2022 Results on Aug 24, 2022E-Commodities Holdings Limited announced that they will report first half, 2022 results on Aug 24, 2022
Upcoming Dividend • Jun 27Upcoming dividend of HK$0.30 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 16 September 2022. Trailing yield: 13%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (8.7%).
Recent Insider Transactions • Jun 02Insider recently sold €3.8m worth of stockOn the 27th of May, Xingchun Wang sold around 16m shares on-market at roughly €0.23 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.2m more than they bought in the last 12 months.
お知らせ • May 18E-Commodities Holdings Limited Declares Final Dividend, Payable on September 16, 2022E-Commodities Holdings Limited declared final dividend for the year ended December 31, 2021. HKD 0.302 per share will be paid on September 16, 2022 to the record holders as on July 12, 2022. Ex-dividend date is July 04, 2022.
お知らせ • May 17E-Commodities Holdings Limited, Annual General Meeting, Jun 27, 2022E-Commodities Holdings Limited, Annual General Meeting, Jun 27, 2022, at 14:00 China Standard Time. Location: Plum Hall, Floor 2, Beijing International Hotel No.9 Jianguomennei Avenue Beijing China Agenda: To receive and consider the audited consolidated financial statements and the Directors' Report and the Independent Auditor's Report for the year ended 31 December 2021; to declare a final dividend for the year ended 31 December 2021; to re-elect Ms. Cao Xinyi as an executive Director; to re-elect Ms. Di Jingmin as an executive Director; to re-elect Mr. Zhao Wei as an executive Director; to re-elect Mr. Guo Lisheng as a non-executive Director; to authorise the Board to fix the remunerations of the Directors; and to re-appoint Messrs. KPMG as auditors of the Company and to authorise the Board to fix the Auditor's remuneration.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Wenfu Wang was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 30Full year 2021 earnings released: EPS: HK$1.15 (vs HK$0.15 in FY 2020)Full year 2021 results: EPS: HK$1.15 (up from HK$0.15 in FY 2020). Revenue: HK$41.2b (up 87% from FY 2020). Net income: HK$3.46b (up HK$3.00b from FY 2020). Profit margin: 8.4% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30E-Commodities Holdings Limited Announces Final Dividend for the Year Ended 31 December 2021E-Commodities Holdings Limited announced final ordinary dividend of HKD 0.302 per share For the financial year end 31 December 2021.
Upcoming Dividend • Nov 29Inaugural dividend of HK$0.064 per shareEligible shareholders must have bought the stock before 06 December 2021. Payment date: 10 January 2022. The company last paid an ordinary dividend in April 2019. The average dividend yield among industry peers is 8.0%.
Reported Earnings • Oct 03First half 2021 earnings released: EPS HK$0.26 (vs HK$0.084 in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$12.1b (down 5.5% from 1H 2020). Net income: HK$777.5m (up 205% from 1H 2020). Profit margin: 6.4% (up from 2.0% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Reported Earnings • Sep 01First half 2021 earnings released: EPS HK$0.26 (vs HK$0.084 in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$12.1b (down 5.5% from 1H 2020). Net income: HK$777.5m (up 205% from 1H 2020). Profit margin: 6.4% (up from 2.0% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Aug 31E-Commodities Holdings Limited Approves Special Dividend, Payable on or Around 10 January 2022E-Commodities Holdings Limited announced the declaration of a special dividend in cash of HKD 0.064 per share of the company has been approved by the board, which is expected to be payable on or around 10 January 2022.
Executive Departure • Aug 05VP & Executive Director Jianlou Li has left the companyOn the 30th of July, Jianlou Li's tenure as VP & Executive Director ended. As of March 2021, Jianlou still personally held 3.41m shares (€73k worth at the time). Jianlou is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Reported Earnings • Mar 28Full year 2020 earnings released: EPS HK$0.15 (vs HK$0.10 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: HK$22.0b (down 27% from FY 2019). Net income: HK$462.4m (up 48% from FY 2019). Profit margin: 2.1% (up from 1.0% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 10E-Commodities Holdings Limited to Report Fiscal Year 2020 Results on Mar 26, 2021E-Commodities Holdings Limited announced that they will report fiscal year 2020 results on Mar 26, 2021
Reported Earnings • Sep 27First half earnings releasedOver the last 12 months the company has reported total profits of HK$329.7m, down 49% from the prior year. Total revenue was HK$29.2b over the last 12 months, down 9.5% from the prior year.
お知らせ • Sep 21E-Commodities Holdings Limited(SEHK:1733) dropped from S&P Global BMI IndexE-Commodities Holdings Limited(SEHK:1733) dropped from S&P Global BMI Index
お知らせ • Aug 23E-Commodities Holdings Limited to Report First Half, 2020 Results on Aug 27, 2020E-Commodities Holdings Limited announced that they will report first half, 2020 results on Aug 27, 2020
