Antelope Enterprise Holdings Ltd (AEHL) stock analysis
AEHLNasdaqCommunications Services, NECFiscal year ends September 30
Financials through fiscal 2023, year ended Dec 31, 2023Last filing: 20-F on Jan 29, 2026
$10.07−1.28 (-11.28%)
Close on Nov 12, 2026Market cap $46.13MP/E –Yield –
Margins
Share of revenue, fiscal years 2014 to 2023
Gross margin
10.4%+10.6 pts over 5 years
Net margin
-2.8%
Growth rates
Compound annual growth to fiscal 2023
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +78.3% | +40.8% | +0.5% | – | |
| Gross profit | +90.0% | – | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2014 | FY2018 | FY2023 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | – | |
| Return on assets | – | – | -12.4% | |
| Current ratio | – | 4.04 | – | |
| Debt to equity | – | 0.00 | – | |
| Inventory turnover | – | 3.1× | – | |
| Capex to revenue | – | 0.0% | 0.1% | |
| Diluted shares | – | 1M | – |
Where the cash went
Fiscal 2019 to 2023, five years combined
Antelope Enterprise generated CN¥90.52M from operations and spent CN¥1.85M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
CN¥90.52M
Used
CN¥1.85M
Capital expenditureCN¥1.85M100%DividendsCN¥00%Share buybacksCN¥00%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2023 against fiscal 2022
3of 6 tests passed in fiscal 2023. Some tests lack the figures they need.
- ProfitableNet income above zero-CN¥14.34M
- Cash generatingOperating cash flow above zero-CN¥60.35M
- Return on assets improvedROA up on the prior year-32.6% → -13.0%
- Earnings backed by cashOperating cash flow above net income-CN¥60.35M vs -CN¥14.34M
- Less leverageLong-term debt to assets fell8.0% → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise8M → –
- Gross margin improvedGross margin up on the prior year9.75% → 10.39%
- More efficientAsset turnover rose1.61 → 4.64
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