Financial Services - Financial - Capital Markets - NASDAQ - HK
$ 0.4997
-0.636 %
$ 10.1 M
Market Cap
-16.66
P/E
Magic Empire Global Limited provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services to corporations in Hong Kong. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.[ Read More ]
The intrinsic value of one MEGL stock under the base case scenario is HIDDEN Compared to the current market price of 0.5 USD, Magic Empire Global Limited is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart MEGL
FINANCIALS
13.8 M
REVENUE
-2.81 M
OPERATING INCOME
-484 K
NET INCOME
94.5 K
OPERATING CASH FLOW
-27.9 M
INVESTING CASH FLOW
-1.58 M
FINANCING CASH FLOW
7.71 M
REVENUE
-1.66 M
OPERATING INCOME
-1.21 M
NET INCOME
0
OPERATING CASH FLOW
0
INVESTING CASH FLOW
0
FINANCING CASH FLOW
Balance Sheet Decomposition
Magic Empire Global Limited
| Current Assets | 92.4 M |
| Cash & Short-Term Investments | 92.4 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 45.8 M |
| Long-Term Investments | 38.6 M |
| PP&E | 3.35 M |
| Other Non-Current Assets | 3.85 M |
| Current Liabilities | 3.99 M |
| Accounts Payable | 0 |
| Short-Term Debt | 1.75 M |
| Other Current Liabilities | 2.24 M |
| Non-Current Liabilities | 3.99 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 3.99 M |
EFFICIENCY
Earnings Waterfall
Magic Empire Global Limited
| Revenue | 13.8 M |
| Cost Of Revenue | 9.72 M |
| Gross Profit | 4.08 M |
| Operating Expenses | 16.6 M |
| Operating Income | -2.81 M |
| Other Expenses | -2.33 M |
| Net Income | -484 K |
RATIOS
29.55%
GROSS MARGIN
-20.39%
OPERATING MARGIN
-3.51%
NET MARGIN
-0.36%
ROE
-0.35%
ROA
-2.09%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Magic Empire Global Limited
| Net Income | -484 K |
| Depreciation & Amortization | 2.11 M |
| Capital Expenditures | -1.9 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -2.33 M |
| Others | -1.87 M |
| Free Cash Flow | -1.81 M |
Wall Street Analysts Price Targets
Magic Empire Global Limited
MEGL has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0.01 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Magic Empire Global Limited
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Magic Empire Global Limited Announces First Half 2024 Unaudited Financial Results
HONG KONG, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (“MEGL” or the “Company”) (NASDAQ: MEGL), a financial services provider in Hong Kong which principally engages in the provision of corporate finance advisory services, today announced its unaudited financial results for the six months ended June 30, 2024.
globenewswire.com
- 2 weeks ago
Magic Empire Global Limited Announces Receipt of Nasdaq Notification of additional 180 calendar day period to regain compliance of minimum bid price requirement
Hong Kong, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) has announced that on August 27, 2024, the Company received a letter from Nasdaq, notifying the Company that Nasdaq has determined the Company is eligible for an additional 180 calendar day period, or until February 24, 2025, to regain compliance with the minimum bid price of $1 per share requirement pursuant to the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2). This is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Capital Market with the exception of the bid price requirement, and the Company's written notice to Nasdaq dated August 19, 2024, noting of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. If compliance cannot be demonstrated by February 24, 2025, Nasdaq will provide written notification that the Company's securities will be delisted. At that time, the Company may appeal the determination to a hearing panel.
globenewswire.com
- 2 months ago
Magic Empire Global Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Hong Kong, March 01, 2024 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) announced that, on February 28, 2024, the Company received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from January 16, 2024 to February 27, 2024, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.
globenewswire.com
- 8 months ago
Magic Empire Global Limited Announces Special Interim Dividend of US$0.01 per Ordinary Share
Hong Kong, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) has declared a special interim dividend of USD0.01 per ordinary share. The payout is the Company's way of rewarding its shareholders for their support over the years.
globenewswire.com
- 1 year ago
Traders and investors see opportunity in high-stakes ‘musical chairs' of Chinese stocks, Stocktwits says
Despite the opacity of China's economy, small-cap Chinese stocks continue to attract attention, according to Stocktwits, a social platform for investors and traders.
marketwatch.com
- 1 year ago
Magic Empire Global Limited Announces US$2 Million Share Repurchase Plan
Hong Kong, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) announced that its board of directors has authorized a share repurchase plan under which the Company may repurchase up to US$2 million of its shares over the next 12 months. The share repurchases may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable securities laws and regulations, including Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The Company expects to fund repurchases made under this plan from its existing funds. The timing and amount of the share repurchases made pursuant to the program will be decided by the Company based on its evaluation of market conditions and be subject to various factors, including the Company's capital position, liquidity, financial performance and alternative uses of capital, stock trading price, regulatory requirements and general market conditions. This repurchase authorization does not obligate the Company to acquire any specific number of shares or securities and may be modified, suspended or discontinued at any time. MEGL's board of directors will review the share repurchase plan periodically, and may authorize adjustment of its terms and size.
globenewswire.com
- 1 year ago
Magic Empire Global Limited Announces Launch of Corporate Services
Hong Kong, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) announced that it will launch its corporate services line of business. The corporate services include accounting and financial reporting advisory, company secretarial services, internal control enhancement, investor relations advisory and other consulting services.
globenewswire.com
- 1 year ago
Vittoria Limited Begins $15 Million U.S. IPO Plan
Vittoria Limited plans to raise $15 million in an IPO of its ordinary shares, although the final figure may differ. The company provides corporate-oriented financial services in Hong Kong and China. Similar to Magic Empire Global Limited, I have concerns about potentially extreme stock price volatility.
seekingalpha.com
- 1 year ago
Chinese small cap MMTec's stock rallies 9% premarket
Shares of Chinese small cap MMTec Inc. MTC, -15.03% rose 9% in premarket trades Monday. The stock ended Friday's session down 15%, outpacing the S&P 500 index's SPX, -0.14% decline of 0.1%.
marketwatch.com
- 1 year ago
Meme stock Magic Empire down 6.5%
Shares of meme stock Magic Empire Global Ltd. MEGL fell 6.5% in premarket trades Tuesday, pulling back after ending Monday's session up 27%.
marketwatch.com
- 1 year ago
Small-cap Chinese stocks spark meme-like buzz
Small-cap Chinese stocks have been attracting plenty of attention in recent days, according to data from Stocktwits, a social platform for investors and traders.
marketwatch.com
- 1 year ago
Top Lessons to Know When Trading Penny Stocks
Use these lessons to help make money with penny stocks The post Top Lessons to Know When Trading Penny Stocks appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
pennystocks.com
- 1 year ago
8. Profile Summary
Magic Empire Global Limited MEGL
COUNTRY
HK
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 10.1 M
Dividend Yield
0.00%
Description
Magic Empire Global Limited provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services to corporations in Hong Kong. The company was incorporated in 2016 and is headquartered in Central, Hong Kong.
Contact
8 Wyndham Street, Central,
https://www.giraffecap.com
IPO Date
Aug. 5, 2022
Employees
8
Officers
Mr. Sze Hon Chen
Chief Executive Officer & Director
Ms. Yau Ting Tai CPA
Chief Financial Officer