消息方面，这种剧烈波动与海昌海洋公园近期的一系列动作密切相关。公司在11月20日晚间发布了一则公告，宣布与一家产业基金订立了无法律约束力的示意性条款清单，该基金计划认购海昌海洋公园发行的1亿美元可转换债券。① What changes have recently occurred at haichang hldg? ② How has the company's financial situation been in recent years?
On November 21, the Financial Associated Press reported (editor Hu Jiarong) that haichang hldg (02255.HK) has attracted widespread market attention. The company's stock price experienced extreme fluctuations, first rapidly dropping after the market opened on November 18, plummeting over 30% at one point. Then, on November 21, haichang hldg's stock price rebounded significantly, rising over 30% at one point. As of the time of publication, haichang hldg has risen by 18.69%, priced at 0.54 HKD.
Note: The performance of haichang hldg.
In terms of news, this extreme fluctuation is closely related to a series of recent actions taken by haichang hldg. On the evening of November 20, the company issued an announcement stating that it had entered into a non-binding indicative terms sheet with an industrial fund, which plans to subscribe to 0.1 billion USD of convertible bonds issued by haichang hldg.
Note: Announcement.
This potential financing matter not only will bring funds to the company for general corporate capital expenditures and working capital, but may also lead to the fund becoming a major shareholder of the company and introducing new directors and senior management, establishing significant strategic partnerships related to the company's current and future businesses. Additionally, the company announced it would resume trading early today.
haichang hldg is also facing financial pressure. On November 18, 2024, the company announced it had received a "Notice of Collection for Overdue Loans (Advances)" from a bank in the People's Republic of China, indicating that a debt under a loan contract signed by a wholly-owned subsidiary, including a loan principal of 50 million yuan and interest of 13.8034 million yuan, was due on November 17, 2024, but the subsidiary has yet to repay the overdue amounts.
This news also explains the sharp decline in stock price on the 18th. At that time, haichang hldg's stock price quickly dropped after the market opened, falling over 30% at one point. At 1:56 PM, haichang hldg announced a temporary halt in trading, with the stock price closing at 0.455 HKD/share before the halt, down 28.91%.
The stock performance of haichang hldg on the 18th.
haichang hldg has been continuously losing money.
According to the performance over the last four years, haichang hldg's net income attributable to shareholders was -1.478 billion yuan, 0.845 billion yuan, -1.396 billion yuan, and -0.182 billion yuan respectively. In the first half of 2024, haichang hldg has still not turned a profit, achieving revenue of 0.8 billion yuan and net income of -0.084 billion yuan; the sales gross margin was 24.4%, a year-on-year decrease of 2.7 percentage points.
Although haichang hldg has transformed its business model through a light asset approach, such as introducing well-known IPs like Ultraman, the improvements in the company's performance have been limited.
