Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to US$2.05, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 16x in the Consumer Services industry in the US. Total loss to shareholders of 100% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$1.32, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 17x in the Consumer Services industry in the US. Total loss to shareholders of 100% over the past three years. Reported Earnings • Apr 15
First half 2026 earnings released First half 2026 results: US$0.13 loss per share. Revenue: US$26.3m (flat on 1H 2025). Net loss: US$161.8k (loss narrowed 98% from 1H 2025). Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Henry Wong was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.22m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 459x increase in shares outstanding). Market cap is less than US$10m (US$9.22m market cap). New Risk • Mar 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 26% 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 Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 459x increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$72.4m market cap). New Risk • Dec 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% 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: Major Risks Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 459x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$74.0m market cap). Announcement • Dec 04
E-Home Household Service Holdings Limited has completed a Follow-on Equity Offering in the amount of $13.5 million. E-Home Household Service Holdings Limited has completed a Follow-on Equity Offering in the amount of $13.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: $0.45
Transaction Features: Registered Direct Offering Reported Earnings • Nov 02
Full year 2025 earnings released: US$3.11 loss per share (vs US$1,197 loss in FY 2024) Full year 2025 results: US$3.11 loss per share (improved from US$1,197 loss in FY 2024). Revenue: US$49.4m (down 2.5% from FY 2024). Net loss: US$3.75m (loss narrowed 81% from FY 2024). Announcement • Aug 29
E-Home Household Service Holdings Limited Introduces Ai Cleaning Robots for Homesing Services with Robotic Solutions E-Home Household Service Holdings Limited has announced the launch of AI-powered home cleaning robots. The aim is to gradually replace manual cleaning services with robotic solutions. As the pace of life accelerates and the demand for a better quality of life increases, the demand for domestic services continues to grow. AI-powered home cleaning robots are gradually changing perception of cleaning the home. The gradual replacement of manual cleaning with convenient, efficient and intelligent AI home cleaning robots will undoubtedly become the norm in the domestic service industry of the future. Using modern technology to improve service quality and optimise the allocation of human resources will speed up the domestic service industry's transition towards automation. Announcement • Aug 14
E-Home Household Service Holdings Limited has completed a Follow-on Equity Offering in the amount of $17.6 million. E-Home Household Service Holdings Limited has completed a Follow-on Equity Offering in the amount of $17.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,000,000
Price\Range: $1.1
Transaction Features: Registered Direct Offering New Risk • Jun 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.96m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 64% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 101x increase in shares outstanding). Market cap is less than US$10m (US$9.96m market cap). New Risk • May 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 72% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 101x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (US$19.7m market cap). New Risk • May 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$78.6m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 72% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 101x increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$78.6m market cap). New Risk • Jan 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% 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 Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 72% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 28x increase in shares outstanding). Market cap is less than US$10m (US$5.78m market cap). Announcement • Dec 25
E-Home Household Service Holdings Limited Launches AI Robotic Automatic Cleaning Equipment for Intelligent Cleaning of Public Places E-Home Household Service Holdings Limited announced that it has introduced AI robotic cleaning equipment for public place cleaning projects commissioned by e-Home to realise intelligent cleaning services in public places. With the growing demand for domestic services in society, how to improve the quality of service and optimise the allocation of human resources with the help of modern technology has become an urgent problem. Domestic service industry is the industry of high personnel cost, society and the industry population aging seriously, forcing the industry to accelerate into the unmanned. Because the traditional urban service mode supervision is difficult, low efficiency and other problems, e-home will use unmanned AI robot automatic cleaning equipment in public places, through the "smart car, intelligent road, flexible network" to establish unmanned intelligent city services. The intelligent transformation of the domestic service industry is not only a technological innovation, but also a redef redef redef redef redef redef redefinition of the traditional way of service. Reported Earnings • Oct 30
Full year 2024 earnings released: US$11.97 loss per share (vs US$1,504 loss in FY 2023) Full year 2024 results: US$11.97 loss per share (improved from US$1,504 loss in FY 2023). Revenue: US$50.7m (down 26% from FY 2023). Net loss: US$19.4m (loss narrowed 45% from FY 2023). Announcement • Oct 25
E-Home Household Service Holdings Limited Launches Online AI Home Trainer E-Home Household Service Holdings Limited announced that e-home's AI Home Trainer has gone live. At present, the biggest pain point of domestic service is the uneven quality of service personnel, lack of training as well as boring training, some service personnel in the process of operation is not standardised. domestic service personnel are mainly divided into maintenance engineers, cleaners, nannies, caregivers, etc. The service content, process, technology, and object of each type of work are different, resulting in the need for professional trainers for each type of work. In response to the above problems, E-Home's self-developed and designed AI housekeeping trainer is officially online. The AI domestic trainer collection AI + meta-universe virtual human technology, the service operation process of each type of work, maintenance technology, the use of various tools, service terminology coupled with simulation of real-life scenarios to achieve an AI domestic trainer. For different types of service personnel for newcomers pre-service training and in-service training for those who are already in the profession, it can realise that different types of service personnel can receive AI housekeeping trainer training at the same time, and also realise that service personnel can receive training anytime and anywhere or ask questions to the trainer according to the problems that they need to solve to seek for a solution. Announcement • Oct 10
E-Home Household Service Intends to Merge and Acquire Fuzhou Yunding E-Home Household Service Holdings Limited (NasdaqCM:EJH), a Chinese integrated home services provider, announced that it intends to merge and acquire Fuzhou Yunding Mutual Chain Information Technology Company Limited, an Internet of Things information platform. Fuzhou Yunding mainly focuses on AI access control system and intelligent community services, and has obtained over 20 authorized intellectual property rights. At present, Fuzhou Yunding has landed over 500 community projects in Fujian and Anhui, with over 3 million online registered APP users. New Risk • Aug 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$12.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 76% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 30x increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$12.8m market cap). Announcement • Jun 18
E-Home Household Services Holdings Limited Second Generation of Ai Intelligent Household Customer Service Officially Launches E-Home Household Services Holdings Limited announced that the company's second generation of AI intelligent housekeeping customer service was officially launched. eJia AI intelligent housekeeping customer service second generation, upgraded on the basis of the first generation, new automated task processing, data analysis and decision support and other functions, in order to forge the competitiveness of the enterprise's services and synergistically promote the depth of the development of the digital intelligence ecosystem of the domestic industry to provide a powerful hand. With the continuous development and popularization of intelligent technology, the combination of home service platforms and technology will become an industry trend. This is not only because AI technology can bring many benefits, but also because consumers are increasingly demanding convenient, efficient and personalized services, and AI technology is an effective means to meet these needs. E-home AI intelligent customer service second generation can automate repetitive tasks in the enterprise, and can also analyze a large amount of enterprise data to extract valuable insights from it, helping the company to make smarter decisions.E-home AI intelligent customer service second generation can provide smarter, more efficient and personalized services through the application in the field of home service and enterprise management. E-home AI Smart Customer Service can help reduce costs, improve operational efficiency, and enhance customer satisfaction and loyalty in home services and business management. New Risk • Apr 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.40m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 67% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 36x increase in shares outstanding). Market cap is less than US$10m (US$9.40m market cap). Board Change • Apr 19
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman & CEO Wenshan Xie is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 13
E-Home Household Service Holdings Limited Announces Resignation of Chunsheng Zhu as Director of Board On April 9, 2024, the Board of Directors of E-Home Household Service Holdings Limited received a resignation letter from Mr. Chunsheng Zhu to resign from his position as a director of the Board, effective on April 9, 2024. Mr. Chunsheng Zhu will remain as the Chief Financial Officerof the Company. Mr. Zhu indicated that his resignation is not because of any disagreement with the Company, its management or its directors. Announcement • Mar 23
E-Home Household Services Holdings Limited's AI Intelligent Domestic Customer Service Officially Launched E-Home Household Services Holdings Limited announced that the company's first AI intelligent domestic customer service is officially online. AI intelligent domestic customer service through the conduct of role settings, knowledge base training, etc., while complementing the AI intelligent dialogue, and can be set up for a variety of AI scenarios, to achieve docking with a powerful third party, and truly land an enterprise-level intelligent customer service, with a strong commercial use value. Ehome WeChat microprogram platform will also be expanded into a home economics class franchise SAAS platform, will quickly start the TikTok group purchase, the introduction of a number of cost-effective and extreme featured service products, AI simulation of real people to build a live broadcast room to quickly open up the visibility and exposure of the group purchase, and on this basis synchronized with the opening of the franchisee, in order to open up the group purchase ranking quickly in the mode of a thousand cities and ten thousand stores. To provide franchisees with private area to open stores to promote + video number AI simulated real people live service, content sharing video distribution, fast circle store. AI intelligent home customer service online can help companies better understand customer needs and provide services according. It can help enterprises understand customers' needs in real time, and provide customers with personalized service solutions based on customers' historical consultation records and usage, so that the service becomes more intelligent. At the same time ehome will AI housekeeping customer service form application productization, as a service tool to the housekeeping enterprises, housekeeping service points to promote, so that AI housekeeping customer service gradually instead of artificial customer service, and to other industries to promote the development of AI housekeeping customer service on the basis of AI intelligent housekeeping service to solve the problem of the shortage of traditional housekeeping service personnel, at the same time as an opportunity to enter the AI industry. Announcement • Nov 01
E-Home Household Service Holdings Limited announced delayed 20-F filing On 10/31/2023, E-Home Household Service Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Reported Earnings • May 27
First half 2023 earnings released: US$5.13 loss per share (vs US$3.61 loss in 1H 2022) First half 2023 results: US$5.13 loss per share (further deteriorated from US$3.61 loss in 1H 2022). Revenue: US$38.9m (up 14% from 1H 2022). Net loss: US$3.20m (loss widened 428% from 1H 2022). Board Change • Jan 28
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Chairman & CEO Wenshan Xie is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jan 01
E-Home Household Service Holdings Limited Announces Management Changes On November 25, 2022, Mr. Mingxiang He (“Mr. He”) resigned from his positions as a director and the Chief Marketing Officer of E-Home Household Services Holdings Limited (the “Company”), effectively immediately. Mr. He’s resignation was due to personal reasons and not because of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On December 15, 2022, the Board of Directors of the Company appointed Ms. Chunming Xie (“Ms. Xie”) as a director of the Company. Ms. Xie, 27, has severed as a securities affairs representative of the Company since May 2021. Before joining the Company, Ms. Xie was the operating manager of Shanghai Xinggong Technology Co. Ltd. from June 2018 to April 2021. Prior to that, she graduated from Shanghai University of Political Science and Law in June 2018 with a Bachelor of Laws degree. Announcement • Dec 27
E-Home Household Services Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency E-Home Household Service Holdings Limited announced that the Company has received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on December 20, 2022, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's ordinary shares for the 30 consecutive business days from November 7, 2022 to December 19, 2022, the Company no longer meets the minimum bid price requirement. The Notification Letter does not impact the Company's listing of its ordinary shares on the Nasdaq Capital Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until June 19, 2023, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company's ordinary shares must have a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180-day period, then Nasdaq will notify the Company of its determination to delist the Company's ordinary shares, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel. The Company intends to monitor the closing bid price of its ordinary shares and may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules. Announcement • Dec 21
E-Home Household Service Holdings Limited (NasdaqCM:EJH) entered into equity transfer agreement to acquire 20% stake in Zhongrun (Fujian) Pharmaceutical Co., Ltd.from Chen for CNY 20 million. E-Home Household Service Holdings Limited (NasdaqCM:EJH) entered into equity transfer agreement to acquire 20% stake in Zhongrun (Fujian) Pharmaceutical Co., Ltd.from Chen for CNY 20 million on December 20, 2022. Announcement • Oct 29
E-Home Household Service Holdings Limited announced delayed 20-F filing On 10/28/2022, E-Home Household Service Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Oct 25
E-Home Household Service Holdings Regains Compliance with Nasdaq’s Minimum Bid Price Rule E-Home Household Service Holdings Limited (the "Company" or "E-Home") announced that it has regained compliance with the minimum bid price requirement under the continued listing requirements of the Nasdaq Stock Market LLC (“Nasdaq”). On October 18, 2022, the Company received a written notification from Nasdaq’s Listing Qualifications Department stating that the closing bid price of the Company’s common shares has been $1.00 per share or greater for 10 consecutive trading days, from October 4, 2022 to October 17, 2022. Hence, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2). Announcement • Aug 31
E-Home Household Services Holdings Limited Announces Launch of Development of Bao Tao, an All-In-One Household Management Tool E-Home Household Service Holdings Limited announce that it has begun development of BAO TAO, a proprietary all-in-one home services tool meant to simplify daily household management. BAO TAO is the result of E-Home leveraging its recently acquired Chuangying Business Technology Co.’s technological knowhow to modernize and expand access to household services. The new application seeks to redefine the Company’s approach to AI technology in enterprise and household cleaning as well as waste and inventory management. BAO TAO helps keep track of office and cleaning supplies and offers a seamless solution for scheduling maintenance, repair or housekeeping requests. The tool could be installed anywhere in the home or office and is operated using voice command, ensuring widespread compatibility and ease of use. Elegantly designed, BAO TAO fits with any décor and needs only Wi-Fi to operate. Announcement • Aug 23
E-Home Household Service Holdings Limited Provides Unaudited Preliminary Earnings Guidance for the Fiscal Year Ending June 30, 2022 E-Home Household Service Holdings Limited provided Unaudited Preliminary earnings guidance for the fiscal year ending June 30, 2022. The company is expected to achieve a significant increase in revenue and positive net profit growth for the fiscal year ending June 30, 2022. Recent Insider Transactions Derivative • Aug 15
Chairman & CEO notifies of intention to sell stock Wenshan Xie intends to sell 10m shares in the next 90 days after lodging an Intent To Sell Form on the 14th of August. If the sale is conducted around the recent share price of US$0.43, it would amount to US$4.4m. Since December 2021, Wenshan has owned 10.22m shares directly. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Announcement • Aug 04
E-Home Household Services Holdings Limited Begins Testing of Robot Cleaners for Household Services E-Home Household Service Holdings Limited announced that the Company has begun testing of robot cleaners in providing household services. Fast pace of life is quite common across urban cities. The way people perceive their household chores has been changed by the pandemic as well as tend to care about hygienic standard more than did before. With regard to the growing interest from consumers who are pushing technology to innovate, E-Home redefines AI technology application in household cleaning, bringing this futuristic lifestyle closer to everyone. The Company is testing its first robot cleaner model that is designed for expert navigation and strong cleaning effect. The cleaner will help E-Home’s household service crew navigate to corners and edges with ease, avoid large pieces of furniture while cleaning thoroughly from dust to large debris hiding in tile gaps, under furniture and on carpets. In addition, the robot cleaner is also designed to perform disinfection works as precautions should always be taken to prevent any potential spread of pandemic virus. Announcement • Jul 29
E-Home Household Service Holdings Limited (NasdaqCM:EJH) have entered into a Memorandum of Understanding to acquire 100% stake in Fujian Chuangying Business Technology Co., Ltd.. E-Home Household Service Holdings Limited (NasdaqCM:EJH) have entered into a Memorandum of Understanding to acquire 100% stake in Fujian Chuangying Business Technology Co., Ltd. on July 28, 2022. Announcement • Jul 23
E-Home Household Service Holdings Limited (NasdaqCM:EJH) completed the acquisition of a 55% stake in Zhongrun (Fujian) Pharmaceutical Co., Ltd. E-Home Household Service Holdings Limited (NasdaqCM:EJH) entered into a Memorandum of Understanding to explore the acquisition of Zhongrun (Fujian) Pharmaceutical Co., Ltd. on April 11, 2022. Zhongrun (Fujian) Pharmaceutical Co., Ltd. has reported annual sales of CNY 100 million in 2021. The acquisition will complete within the next two months.
E-Home Household Service Holdings Limited (NasdaqCM:EJH) completed the acquisition of a 55% stake in Zhongrun (Fujian) Pharmaceutical Co., Ltd. on July 22, 2022. Announcement • Jul 19
E-Home Household Services Holdings Limited Launches Digital Human as Service (DHaaS) Metaverse Employee Training Program E-Home Household Service Holdings Limited announced that the Company launched its Digital Human as a Service employee training program, advancing the Company’s metaverse initiative leveraging frontend AI technologies. The Company officially launched in April a virtual digital human customer service guide named “Xiao e” who provides seamless, 24/7 assistance for household services clients in the Metaverse virtual world, all delivered with leading AI technologies that are developed via the Company’s in-house research as well as through partnership with various partners. The DHaaS employee training program will help E-Home provide virtual coaching and training for existing and new household service workforce, nannies and nursing workers on professional service terminologies, the preparation of tool and relevant skillsets for household cooking and cleaning, as well as safety-related guidance and knowledge points. The program underpins the Company's vision of bringing a new approach to skills development and customer engagement. Announcement • Jul 15
E-Home Household Service Holdings Limited Announces Carbon Neutral and Green Initiative and Launches Specialized Waste Classification, Energy Saving and Emission Reduction Household Services E-Home Household Service Holdings Limited announced a new “carbon neutral” initiative to provide specialized waste classification, energy saving and emission reduction household services. E-Home plans to launch garbage classification services and incorporate the concept of “emission reduction” into standard door-to-door household cleaning and maintenance services, which involves developing tailor-made garbage bags (decomposable, non-composable, recyclable, non-recyclable etc.) and advocating customers to use this designated service for environment-friendly sorting of waste. The Company is also looking to provide such waste sorting services for public service institutions and has signed contract with a local property management company in Fujian for domestic garbage sorting and dumping. Carbon neutral is also not so far away from day-to-day life. Garbage collection could play a key role in reducing carbon emissions but limited waste collection and poor segregation by households and at landfills make it difficult for recycling works. E-Home has established expertise and experience to provide this specialized service with garbage collection and dumping to help facilitate China’s carbon neutral goals. Moreover, China has categorized “Carbon Emission Manager” as a new profession that involves the monitoring, measuring and facilitating consultation on the reduction of carbon and other greenhouse gas emissions. E-Home is also riding on this trend and will combine existing training program and human resources system with skillset related to “carbon neutral” household services to foster transformation of the Company’s business into a green profession. The Company plans to provide Carbon Emission Manager training, which should help create new opportunities and jobs for workforce and also diversify E-Home’s streams of revenue. Reported Earnings • May 12
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down US$8.91m from profit in 1H 2021). Profit margin: (down from 20% in 1H 2021). The decrease in margin was driven by lower expenses. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Chairman & CEO Wenshan Xie is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 13
E-Home Household Service Holdings Limited, Annual General Meeting, Jun 03, 2022 E-Home Household Service Holdings Limited, Annual General Meeting, Jun 03, 2022, at 10:00 China Standard Time. Location: Floor 9, Building 14, HaixiBaiyue Town No. 14 Duyuan Road, Luozhou Town, Cangshan District, Fuzhou City 350001 Fuzhou City China Agenda: To elect seven persons to the Board of Directors of the Company, each to serve until the next annual general meeting of members, or until such person’s successor is duly elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal; to ratify the appointment of TPS Thayer LLC as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2022; to approve an amendment to the company’s Memorandum of Association to increase the company’s authorized share capital by 10,000,000 preferred shares; to approve amendments to the company’s Memorandum and Articles of Association to authorize hybrid and/or electronic meetings of shareholders, receipt of electronic proxies and other relevant documents and to update to changes in law generally; and to transact such other business as may properly come before the Annual Meeting or at any postponement or adjournment of the Annual Meeting. Announcement • Apr 12
E-Home Household Service Holdings Limited (NasdaqCM:EJH) entered into a Memorandum of Understanding to explore the acquisition of Zhongrun (Fujian) Pharmaceutical Co., Ltd. E-Home Household Service Holdings Limited (NasdaqCM:EJH) entered into a Memorandum of Understanding to explore the acquisition of Zhongrun (Fujian) Pharmaceutical Co., Ltd. on April 11, 2022. Zhongrun (Fujian) Pharmaceutical Co., Ltd. has reported annual sales of CNY 100 million in 2021. The acquisition will complete within the next two months. Announcement • Mar 06
E-Home Household Service Holdings Limited (NasdaqCM:EJH) announces an Equity Buyback for $8 million worth of its shares. E-Home Household Service Holdings Limited (NasdaqCM:EJH) announces a share repurchase program. Under the program, the company will repurchase up to $8 million worth of its shares. The program will be funded by the company's existing cash balance. The program will be valid for a period of 9 months. Announcement • Mar 05
E-Home Household Services Holdings Limited Announces to Launch Digital Human as Service E-Home Household Service Holdings Limited announced that the Company will debut a Digital Human as a Service (“DHaaS”) that will debut on March 18, 2022 leveraging frontend AI technologies following E-Home’s launch of metaverse initiatives. DHaaS features a virtual digital human customer service guide named “Xiao Yi” who provides seamless, 24/7 assistance for household services clients in the Metaverse virtual world, all delivered with leading AI technologies that are developed via the Company’s in-house research as well as through partnership with various partners. For example, clients can experience easy navigation and interaction with the digital human customer service and obtain information on E-Home’s diversified household services, raise any inquiries they may have. The entire client experience is also augmented with virtual guidance signs and opens business-to-customer (B2C) options via advertiements and helpful information that can be placed precisely in the metaverse space. Announcement • Jan 22
E-Home Household Service Holdings Limited (NasdaqCM:EJH) agreed to acquire a 60% stake in Putian YouYou Cleaning Co., Ltd from Wang Guoqing for CNY 36 million. E-Home Household Service Holdings Limited (NasdaqCM:EJH) agreed to acquire a 60% stake in Putian YouYou Cleaning Co., Ltd from Wang Guoqing for CNY 36 million on January 21, 2022. Under the terms, CNY 4 million will be paid in cash and CNY 32 million will be paid through issuance of 2,702,826 shares. During the year ended December 31, 2021, Putian YouYou Cleaning Co., Ltd reported revenue of CNY 25 million and net profit of CNY 2.25 million. Announcement • Jan 14
E-Home Household Services Holdings Limited Launches Preventive Disinfection and Cleaning Services E-Home Household Service Holdings Limited announced the Company has launched a new set of preventive anti-virus disinfection and cleaning services for households and indoor public areas amid resurgence of the Covid-19 pandemic. E-Home’s disinfection and cleaning services serve as one of the key preventive measures that works to disinfect air and space, surface of objects such as tables and chairs, windows and elevators via spraying and wiping to kill the pathogenic microorganism. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 19% share price decline to US$1.24, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 22x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$1.64, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 18x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$2.00, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 18x in the Consumer Services industry in the US. Reported Earnings • Oct 30
Full year 2021 earnings released: EPS US$0.22 (vs US$0.20 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: US$74.5m (up 61% from FY 2020). Net income: US$6.41m (up 13% from FY 2020). Profit margin: 8.6% (down from 12% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$2.17, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 14x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$3.31, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 15x in the Consumer Services industry in the US. Executive Departure • Aug 26
Chief Marketing Officer & Director Chenan Yang has left the company On the 19th of August, Chenan Yang's tenure as Chief Marketing Officer & Director ended after 2.2 years in the role. We don't have any record of a personal shareholding under Chenan's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.25 years. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorated over the past week After last week's 81% share price decline to US$5.40, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 17x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment deteriorated over the past week After last week's 22% share price decline to US$21.58, the stock trades at a trailing P/E ratio of 77x. Average trailing P/E is 18x in the Consumer Services industry in the US. Announcement • May 15
E-Home Household Service Holdings Limited has completed an IPO in the amount of $25.000002 million. E-Home Household Service Holdings Limited has completed an IPO in the amount of $25.000002 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,555,556
Price\Range: $4.5
Discount Per Security: $0.315