Thing On Enterprise Limited

    Thing On Enterprise Limited

    HHKEX:2292
    0.77
    HKD
    0.00
    (0.00%)

    Share Statistics

    As of December 31, 2024, Thing On Enterprise Limited has 720.00M shares outstanding.

    Shares Outstanding720.00M

    Valuation Ratios

    These figures are as of December 31, 2024. The price-to-sales ratio is 12.15, and the price-to-book ratio stands at 0.60.

    PS Ratio12.15
    PB Ratio0.60
    P/TBV Ratio0.40
    P/FCF Ratio24.34
    P/OCF Ratio24.34

    Enterprise Valuation

    As of December 31, 2024, Thing On Enterprise Limited trades at an EV/EBITDA multiple of 19.30 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 10.73 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 19.30 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Thing On Enterprise Limited trades at an EV/FCF ratio of 21.49, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

    EV / Sales10.73
    EV / EBITDA19.30
    EV / EBIT19.30
    EV / FCF21.49

    Financial Position

    As of December 31, 2024, Thing On Enterprise Limited maintains a current ratio of 4.81, meaning it holds 4.8x the short-term assets needed to cover near-term liabilities.

    Current Ratio4.81
    Quick Ratio4.43

    Financial Efficiency

    Over the twelve months ended December 31, 2024, Thing On Enterprise Limited posted a negative return on equity (ROE) of -11.97, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -8.06, reflecting losses generated across the asset base.

    Return on Equity (ROE)-11.97
    Return on Assets (ROA)-8.06

    Stock Price Statistics

    HKD

    As of the close on September 18, 2025, Thing On Enterprise Limited's stock has declined approximately 14.44% over the past 52 weeks. The 50-day moving average sits at 0.75, while the 200-day moving average is 0.71.

    52-Week Price Change-14.44%
    50-Day Moving Average0.75
    200-Day Moving Average0.71

    Margins

    Over the twelve months ended December 31, 2024, Thing On Enterprise Limited posted a gross margin of 84.18, reflecting its pricing power and cost economics. The operating margin of 55.57 and net profit margin of -259.18 provide insight into operational efficiency.

    Gross Margin84.18
    Operating Margin55.57
    Pretax Margin-250.38
    Profit Margin-259.18
    EBITDA Margin55.57

    Dividends & Yields

    These figures cover the twelve months ended December 31, 2024. Free cash flow yield stands at 4.11, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt.

    FCF Yield4.11

    Scores

    As of December 31, 2024, Thing On Enterprise Limited has an Altman Z-Score of 14.44, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score14.44