Antelope Enterprise Holdings Ltd
NASDAQ:AEHL

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Antelope Enterprise Holdings Ltd Logo
Antelope Enterprise Holdings Ltd
NASDAQ:AEHL
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Price: 1.44 USD -9.43% Market Closed
Market Cap: 4.8m USD

Antelope Enterprise Holdings Ltd
Investor Relations

Antelope Enterprise Holdings Ltd. engages in the manufacture and sale of ceramics tiles. The company employs 297 full-time employees The company went IPO on 2010-11-03. The firm's ceramic tiles, sold under the HD or Hengda, HDL or Hengdeli, Pottery Capital of Tang Dynasty, TOERTO and WULIQIAO brands, are available in over 2,000 styles, colors and size combinations. The firm has five principal product categories, which include porcelain tiles, glazed tiles, glazed porcelain tiles, rustic tiles and polished glazed tiles. The Company’s ceramic tiles are used for flooring, interior walls for decorative purposes and on exterior siding. The firm's manufacturing facilities are located in Jinjiang, Fujian Province and in Gaoan, Jiangxi Province.

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Last Earnings Call
Fiscal Period
Q3 2022
Call Date
May 2, 2023
AI Summary
Q3 2022

Revenue Surge: Antelope Enterprise's revenue for the second half of 2022 rose 164.3% year-over-year to $24.1 million, driven almost entirely by its new KylinCloud livestreaming e-commerce business.

Business Transformation: The company has pivoted away from its legacy ceramic tile business, completing a divestiture in April 2023, and is now focused on livestreaming e-commerce.

KylinCloud Growth: KylinCloud accounted for 96% of second-half 2022 revenue, and its registered investors and hosts grew eightfold year-over-year.

Improved Margins: Gross profit margin in livestreaming e-commerce improved to 15.5% from 5.1% a year prior.

Net Loss Narrowed: Net loss from continuing operations shrank to $0.9 million from $2.8 million, while the livestreaming business turned a small profit.

Positive Outlook: Management projects strong future growth for livestreaming, expects to reach breakeven in 2023, but does not provide formal guidance.

Key Financials
Revenue
$24.1 million
KylinCloud Revenue (Second Half 2022)
$23.1 million
Gross Profit
$3.7 million
Gross Profit Margin (Livestreaming E-Commerce, Second Half 2022)
15.5%
Net Loss from Continuing Operations
$0.9 million
Net Income (Livestreaming E-Commerce, Second Half 2022)
$0.1 million
Loss per Share (Basic and Diluted, Continuing Operations)
$0.1
Cash and Bank Balances
$0.6 million
Registered Investors and Hosts (KylinCloud)
316,696
Trade Receivables Turnover
0 days
Trade Payables Turnover (Livestreaming E-Commerce)
3 days
Earnings Call Recording
Other Earnings Calls
2021
2020

Management

Ms. Tingting Zhang
CEO & Director
No Bio Available
Mr. Man Hen
Chief Financial Officer
No Bio Available
Mr. Junjie Dong
Corporate Secretary, Chief Compliance Officer & Executive Director
No Bio Available
Mr. Huoyou Zhang
Executive Director
No Bio Available
Mr. Di Wu
President & Director of AEHL US
No Bio Available

Contacts

Address
Unit 2905, 29/F, Metroplaza Tower 2, 223 Hing Fong Road, Kwai Chung, Nt
Contacts