Keen Ocean International Holding Ltd.
HHKEX:80700.88
HKD
-0.02
(-2.22%)
Keen Ocean International Holding Ltd.
HKEX:8070
(Hong Kong Exchange)
Recent
price
0.88
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
•
in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
•
in mil. unless spec.Semi-annual Dividends Per Share
HKD
•
in mil. unless spec.- Similar Companies
- Business
- Keen Ocean International Holding Limited, an investment holding company listed on the GEM board of The Stock Exchange of Hong Kong Limited (stock code: 8070), principally designs, develops, manufactures and sells transformers, switching mode power supplies, electronic parts and components, and electric healthcare products to manufacturers and trading entities in Hong Kong, the PRC, Europe, the United States, India and other markets; its core products include toroidal and EI transformers, steel core products, inductors for EV chargers and inverter inductors, PCB assemblies, power amplifiers, inductors, battery chargers, and C type core products, with transformers and power supplies marketed under the Keen Ocean brand and electronic components and healthcare products sold on an OEM basis, serving industries such as healthcare, industrial, audio and communications, and power supplies. Founded in 2000 and headquartered at Room 3702, 37th Floor, Cable TV Tower, 9 Hoi Shing Road, Tsuen Wan, New Territories, Hong Kong, with its principal manufacturing facility spanning 24,000 square metres in Heyuan City, Guangdong Province, PRC, and employing approximately 585 staff, the company operates as a subsidiary of Cyber Goodie Limited and holds certifications including ISO 9001:2015, GMP, IATF 16949:2016, UL and TUV approvals, while maintaining a strategic partnership with the Guangdong Academy of Sciences. In recent developments, Century Lead International Limited, controlled by Chairman Chung Chi Wah, acquired a 63% controlling stake from Cyber Goodie Limited in January 2024 via a mandatory unconditional cash offer that closed on 29 April 2024 without further revision, leading to Mr. Chung's appointment as Chairman and executive director alongside Ms. Fu Jingyan as independent non-executive director on 1 October 2024, and the resignation of former Chairman Mr. Chung Chi Hang, Larry; the group continues to expand production capacity for clean energy appliances and electric vehicle components amid rising demand, modifies its treasury policy to invest up to 30% of idle cash in short-term low-risk Hong Kong-listed securities and bank products subject to board approval and liquidity safeguards, and reports revenue of HK$287.2 million for the year ended 31 December 2024 primarily from electronic parts and components (57.4%) and transformers (41.5%), with improved gross profit margins to 19.6% from R&D efficiencies despite a 12.1% revenue decline due to economic slowdowns, geopolitical tensions including the Israel-Hamas and Russia-Ukraine conflicts, and US export restrictions on PRC-bound chips.