Top Page
Skyworth Digital Holdings
(OTC:0751)
Skyworth Digital Holdings (0751) vs. S&P 500 (SPY)
Skyworth Digital Holdings Business Overview & Revenue Model
Skyworth Digital Holdings Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 72.02B | 69.03B | 62.20B | 61.38B | 45.05B | 41.64B | Gross Profit |
| 10.44B | 9.64B | 9.54B | 10.30B | 8.05B | 8.32B | EBIT |
| 2.31B | 2.65B | 1.44B | 1.16B | 592.19M | 918.81M | EBITDA |
| 3.30B | 3.45B | 3.01B | 3.63B | 3.26B | 1.49B | Net Income Common Stockholders |
| 1.24B | 1.07B | 827.00M | 1.63B | 1.44B | 835.99M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 2.30B | 9.83B | 15.08B | 17.45B | 12.39B | 5.53B | Total Assets |
| 0.00 | 67.16B | 72.32B | 74.47B | 63.65B | 53.20B | Total Debt |
| 0.00 | 15.46B | 17.24B | 19.87B | 16.09B | 12.68B | Net Debt |
| -2.30B | 6.34B | 3.31B | 4.29B | 4.42B | 7.30B | Total Liabilities |
| 18.83B | 44.40B | 47.73B | 48.68B | 41.13B | 32.90B | Stockholders Equity |
| 6.27B | 18.14B | 20.06B | 22.07B | 19.34B | 17.90B |
| Cash Flow | Free Cash Flow | ||||
| -2.46B | 660.00M | 3.02B | -1.12B | 1.58B | -128.70M | Operating Cash Flow |
| -746.39M | 2.48B | 5.89B | 1.40B | 3.45B | 1.00B | Investing Cash Flow |
| -916.65M | -352.00M | -4.74B | -1.18B | -264.07M | -1.77B | Financing Cash Flow |
| -347.20M | -2.21B | -1.45B | 3.27B | 1.07B | 2.36B |
Skyworth Digital Holdings Technical Analysis
Skyworth Digital Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $144.08B | 16.28 | 18.52% | 2.33% | 6.13% | 14.88% | |
76 Outperform | $926.70B | 5.88 | 5.77% | 11.94% | 42.83% | ||
73 Outperform | $16.80B | 8.21 | 8.57% | 7.49% | -13.19% | 18.52% | |
67 Neutral | $6.48B | 10.80 | 3.12% | 2.73% | -7.51% | -43.66% | |
59 Neutral | $10.73B | 10.22 | -6.68% | 3.02% | 7.43% | -11.37% | |
36 Underperform | $1.84B | ― | ― | -4.77% | -15.54% |
Skyworth Digital Holdings Corporate Events
Skyworth Group Limited has announced a special general meeting to discuss and potentially approve a conditional cash offer to buy back up to 350 million shares at HK$3.11 per share. This move, facilitated by CLSA Limited, is part of the company’s strategy to manage its share capital and could have implications for shareholder value and market positioning.
Skyworth Group Limited has announced its upcoming Annual General Meeting (AGM) scheduled for May 23, 2025, in Hong Kong. The meeting’s agenda includes the adoption of the company’s financial statements for the year ending December 2024, the re-election of four directors, and the authorization of the board to set directors’ and auditors’ remuneration. Additionally, a resolution will be considered to empower the directors to issue additional shares, which could potentially impact the company’s capital structure and shareholder value.
Skyworth Group Limited has announced a delay in the dispatch of its Offer Document related to a conditional cash offer to buy back up to 350,000,000 shares at HK$3.11 per share. The delay is due to the need for additional time to finalize certain information, including a property valuation report and advice from an Independent Financial Adviser. The company has received consent to extend the deadline for dispatch to April 30, 2025. This move may impact shareholder decisions, and stakeholders are advised to exercise caution.
Skyworth Group Limited, through its subsidiary Shenzhen Skyworth Photovoltaic, has entered into an investment agreement with Zhejiang Aixu Solar and the Baise Government to establish a new Project Company focused on a photovoltaic project. The project aims to enhance Skyworth’s position in the renewable energy sector, with Shenzhen Skyworth Photovoltaic contributing the majority of the initial capital. This strategic move is expected to bolster the company’s operations in the renewable energy market, leveraging governmental support and technical expertise from Zhejiang Aixu Solar.
Skyworth Digital Co., Ltd., a subsidiary of Skyworth Group Limited, has released its unaudited first quarterly results for 2025, highlighting the company’s financial performance for the three months ending March 31, 2025. The announcement, made in compliance with Hong Kong’s listing rules, emphasizes the transparency and accuracy of the disclosed financial data, although it remains unaudited. This disclosure is crucial for shareholders and potential investors as it provides insights into the company’s operational status and market positioning.
Skyworth Group Limited, a company incorporated in Bermuda, has announced a conditional cash offer to buy back up to 350 million shares, representing approximately 15.67% of its issued shares, at a price of HK$3.11 per share. This move, facilitated by CLSA Limited, is aimed at enhancing shareholder value and is funded by the company’s internal resources. The offer price represents a significant premium over recent trading prices, although it is at a discount to the company’s net asset value per share. The controlling shareholder, Mr. Wong, holds a significant interest in the company, which may influence the outcome of this buy-back initiative.
Skyworth Group Limited announced its annual results for the year ended December 31, 2024, reporting a decrease in revenue and profit compared to the previous year. The company experienced a 5.8% decline in revenue to RMB 65,013 million and a 34.3% drop in profit to RMB 1,160 million. The board has decided not to distribute a final dividend for the year. These results indicate challenges in maintaining growth and profitability, which may impact the company’s market positioning and stakeholder confidence.
Skyworth Group Limited has announced that its Board of Directors will convene on March 27, 2025, to review and approve the company’s annual financial results for the year ending December 31, 2024. The meeting will also consider the declaration of a final dividend, which could impact shareholder returns and reflect the company’s financial health.
Skyworth Group Limited has announced a profit warning, forecasting a 35% decrease in profit for the year ending December 31, 2024, compared to the previous year. This downturn is primarily due to impairment provisions on properties and inventories caused by the prolonged slump in China’s real estate market and declining values in other business segments. Additionally, the competitive market environment has adversely affected its smart systems technology sector, resulting in reduced revenue and gross profit margins.
Skyworth Group Limited has announced the appointment of Mr. Wu Qinan as an executive director, effective from 1 February 2025. Mr. Wu, who has been part of the company since 2010, brings over 20 years of experience in consumer electronics, and his appointment is expected to enhance the company’s board with his extensive expertise in manufacturing management and business operations.
Skyworth Group Limited has announced changes to its board of directors, effective from February 1, 2025. The board will comprise eight directors, including executive directors and independent non-executive directors, with defined roles and functions across various committees. This strategic restructuring is likely to have implications for the company’s governance and operational dynamics, potentially impacting its market positioning and stakeholder engagement.