A. History and Development of the Company Our holding company, Eason Technology Limited (formerly known as Dunxin Financial Holdings Limited and China Xiniya Fashion Limited), was incorporated in the Cayman Islands as an exempted limited liability company on June 24, 2010. Before June 2024, we were primarily engaged in the business of providing loan facilities to micro sized enterprises, SMEs, sole proprietors and individuals in Hubei province of the People’s Republic of China. Substantially all of our operations are conducted in the PRC through Chutian, which holds all the certificates, business license and other requisite licenses for the microfinance lending businesses. We mainly engaged in microfinance lending business and conducted our operations in China primarily through our PRC subsidiaries and the VIE. PRC laws and regulations restrict and impose conditions on foreign investment in microfinance lending businesses.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 0 | - | 0 | 0 | -120M | 83M |
| Net Income | -502M | -502M | -396M | -30M | -128M | 20M |
| EPS | $-0.04 | $-0.04 | $-0.15 | $-0.02 | $-0.01 | $0.02 |
| Free Cash Flow | -9.1M | -9.1M | -11M | -7.4M |
| Metric | 2015 | 2016 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 78M | 82M | 85M | 115M | 98M | 83M | -120M | 0 | 0 | N/A | 0 |
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | -10M | -15M | 35M | 20M | 13M | 8.1M | 7.9M | 11M | 14M | 12M | 12M |
| EBIT | 41M | 50M | 79M | 8.2M | 59M | 20M | -128M | -30M | -377M | -500M | -500M |
| Op. Margin | 52.2% | 61.3% | 92.6% | 7.1% | 59.7% | 23.8% | 106.5% | N/A | N/A | N/A | 0.0% |
| Net Income | 37M | 42M | 29M | 8.2M | 59M | 20M | -128M | -30M | -396M | -502M | -502M |
| Net Margin | 47.2% | 51.4% | 33.8% | 7.1% | 59.7% | 23.8% | 106.5% | N/A | N/A | N/A | 0.0% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||
| ROIC | 13.8% | 12.9% | 8.9% | 1.4% | 14.8% | 4.6% | -33.5% | -10.0% | -105.0% | N/M | N/M |
| ROE | 10.2% | 8.9% | 4.9% | 2.2% | 14.8% | 4.6% | -33.5% | -10.0% | -334.0% | -1790.0% | -1790.0% |
| ROA | N/A | N/A | 3.3% | 1.1% | 9.0% | 2.9% | -19.6% | -5.1% | -89.6% | -283.4% | -708.6% |
| Cash Flow | |||||||||||
| Op. Cash Flow | 59M | 196M | -70M | 27M | 15M | -626K | 10M | -7.4M | -11M | -9.1M | -9.1M |
| Free Cash Flow | 59M | 196M | -70M | 8.9M | 15M | -626K | 10M | -7.4M | -11M | -9.1M | -9.1M |
| Owner Earnings | 58M | 196M | -71M | 26M | 12M | -3.7M | 7.3M | -10M | -14M | -9.1M | -9.1M |
| CapEx | 0 | 0 | 0 | 18M | 271K | 0 | 0 | 0 | 0 | 0 | 0 |
| Maint. CapEx | 601K | 526K | 441K | 818K | 2.9M | 3.0M | 3.0M | 3.0M | 2.9M | 0 | 0 |
| Growth CapEx | N/A | N/A | N/A | 18M | 0 | N/A | N/A | N/A | N/A | N/A | 0 |
| D&A | 601K | 526K | 441K | 818K | 2.9M | 3.0M | 3.0M | 3.0M | 2.9M | 0 | 0 |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||
| Dividends Paid | 18M | 19M | 19M | 19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Stock-Based Comp | N/A | N/A | N/A | 689K | 75K | 111K | N/A | N/A | N/A | N/A | N/A |
| Debt Repayment | 184M | 275M | 348M | 415M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||
| Net Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 7.5M | 13M | 13M |
| Cash & Equiv. | 66M | 97M | 22M | 3.2M | 132K | 97K | 396K | N/A | 2.5M | 79K | 79K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 13M |
| Debt/Equity | N/A | N/A | 0.47 | 0.75 | 0.56 | 0.59 | 0.88 | 1.08 | -0.20 | 0.46 | 0.46 |
| Interest Coverage | 1.9 | 2.1 | 2.3 | 0.3 | 2.9 | 0.9 | -5.9 | -1.4 | -19.7 | -583.5 | -583.5 |
| Equity | 362M | 580M | 593M | 367M | 426M | 446M | 318M | 288M | -51M | 28M | 28M |
| Total Assets | N/A | N/A | 869M | 642M | 664M | 708M | 599M | 600M | 284M | 71M | 71M |
| Total Liabilities | N/A | N/A | 276M | 275M | 238M | 262M | 280M | 312M | 335M | 43M | 43M |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | N/A | N/A | 81M | -113M | -70M | -54M | -157M | 181M | -498M | -535M | -535M |
| Working Capital | N/A | N/A | 593M | 316M | 378M | 401M | 276M | 249M | -132M | N/A | N/A |
| Current Assets | N/A | N/A | 868M | 591M | 616M | 663M | 556M | 561M | 202M | 25M | 25M |
| Current Liabilities | N/A | N/A | 276M | 275M | 238M | 262M | 280M | 312M | 335M | N/A | N/A |
| Per Share Data | |||||||||||
| EPS | 0.04 | 0.04 | 0.03 | 0.01 | 0.06 | 0.02 | -0.01 | -0.02 | -0.15 | -0.04 | -0.04 |
| Owner EPS | 0.06 | 0.20 | -0.07 | 0.03 | 0.01 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Book Value | 0.36 | 0.58 | 0.59 | 0.37 | 0.43 | 0.43 | 0.03 | 0.02 | -0.00 | 0.00 | 0.00 |
| Cash Flow/Share | 0.06 | 0.20 | -0.07 | 0.03 | 0.02 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.04 |
| Dividends/Share | 0.02 | 0.02 | 0.02 | 0.02 | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 1.0B | 1.0B | 1.0B | 1.0B | 1.0B | 1.0B | 10.2B | 13.5B | 13.5B | 12.6B | 12.6B |
| Valuation | |||||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -11.6 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 207.6 |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -0.2% |
| Market Cap | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.8B |
| Avg. Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.46 |
| Year-End Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.46 |
Eason Technology Ltd passes 0 of 9 quality checks, indicating weak fundamentals.
Eason Technology Ltd (DXF) has a 5-year average return on invested capital (ROIC) of -36.0%. This is below average and may indicate limited pricing power.
Eason Technology Ltd (DXF) has a market capitalization of $5.8B. It is classified as a mid-cap stock.
Eason Technology Ltd (DXF) does not currently pay a regular dividend.
Eason Technology Ltd (DXF) operates in the Finance Services industry, within the Financials sector.
Eason Technology Ltd (DXF) generated $-9 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Eason Technology Ltd (DXF) has a debt-to-equity ratio of 0.46. This indicates a conservatively financed balance sheet.
Eason Technology Ltd (DXF) reported earnings per share (EPS) of $-0.04 in its most recent fiscal year.
| 10M |
| -626K |
| ROIC | -965.0% | -965.0% | -105.0% | -10.0% | -33.5% | 4.6% |
|---|
| Gross Margin | - | - | - | - | - | - |
|---|
| Debt/Equity | 0.46 | 0.46 | -0.20 | 1.08 | 0.88 | 0.59 |
|---|
| Dividends/Share | $0.00 | - | - | - | - | - |
|---|
| Operating Income | -500M | -500M | -377M | -30M | -128M | 20M |
|---|
| Operating Margin | 0.0% | - | - | - | 106.5% | 23.8% |
|---|
| ROE | -1790.0% | -1790.0% | -334.0% | -10.0% | -33.5% | 4.6% |
|---|
| Shares Outstanding | 12,552M | 12,552M | 13,493M | 13,493M | 10,232M | 1,042M |
|---|
Eason Technology Ltd (DXF) has a return on equity (ROE) of -1790.0%. A negative ROE may indicate losses or negative equity.
The Ledger Terminal provides 10 years of financial data for Eason Technology Ltd (DXF), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Eason Technology Ltd (DXF) has a book value per share of $0.00, based on its most recent annual SEC filing.
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