Logo

AEHL

Antelope Enterprise Holdings Limited

AEHL

Antelope Enterprise Holdings Limited • NASDAQ
$3.11 ▼ -10.37% (-0.36)
Market Cap $10.63 M
52w High $11.60
52w Low $1.13
Dividend Yield 0%
P/E -0.1
Volume 758.17K
Outstanding Shares 3.42M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $201.857M ▼ $-62.57M ▼ $-14.266M ▲ -7.067% ▲ $-29.12 ▲ $38.8M ▲
Q2-2024 $315.856M ▲ $72.623M ▲ $-48.219M ▲ -15.266% ▲ $-139.28 ▲ $-47.958M ▲
Q4-2023 $97.474M ▼ $26.578M ▼ $-48.953M ▼ -50.222% ▼ $-341.44 ▼ $-48.694M ▼
Q2-2023 $309.25M ▲ $85.608M ▲ $-37.848M ▼ -12.239% ▼ $-23.44 ▼ $-42.455M ▼
Q4-2022 $168.101M $31.869M $-6.834M -4.065% $-6.4 $-7.297M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $1.047M ▼ $38.006M ▼ $11.765M ▼ $25.553M ▼
Q2-2024 $16.875M ▲ $204.679M ▲ $73.619M ▲ $124.6M ▲
Q4-2023 $635K ▼ $121.502M ▼ $19.261M ▲ $96.942M ▼
Q2-2023 $10.791M ▼ $131.801M ▲ $13.317M ▼ $113.103M ▲
Q4-2022 $12.459M $110.006M $103.541M $1.047M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $37.643M ▲ $36.552M ▲ $-655.872K ▲ $-54.604M ▼ $-15.828M ▼ $45.613M ▲
Q2-2024 $-48.219M ▲ $-52.035M ▼ $-966.564K ▼ $73.582M ▲ $16.875M ▲ $-65.298M ▼
Q4-2023 $-48.953M ▼ $-21.781M ▲ $16.355M ▲ $3.646M ▼ $668K ▲ $-21.781M ▲
Q2-2023 $34.613M ▲ $-38.565M ▼ $2.185M ▲ $39.159M ▲ $-1.102M ▲ $-39.065M ▼
Q4-2022 $-28.583M $-23.075M $-1.923M $14.302M $-15.003M $-23.086M

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown meaningfully from a very small base over the last few years, showing that the new business lines are gaining some traction. However, profits have not followed: margins are thin to negative, operating results remain in the red, and the company continues to post net losses. The earnings per share figures look extremely volatile because of repeated reverse stock splits rather than sudden swings in actual business performance. Overall, the income statement reflects an early‑stage, transitioning company that is still far from consistent profitability and operating scale.

Balance Sheet

Balance Sheet The balance sheet is light and has been shrinking, with only a modest base of total assets and a very small equity cushion. Cash balances have been minimal in recent years, while debt, though not large in absolute terms, is meaningful relative to the company’s size. Equity dipped toward zero at one point and has since recovered somewhat, but it remains thin. This structure leaves limited room for error and makes the company sensitive to business setbacks or funding constraints.

Cash Flow

Cash Flow Operating cash flow has been consistently negative, indicating that the core businesses are not yet self‑funding and require external capital to keep going. Free cash flow follows the same pattern since capital spending is negligible; the company is not heavily investing in physical assets, but it is also not generating cash from operations. This pattern is typical for a small company in transition but underscores dependence on financing and the need to eventually turn revenue growth into positive cash generation.

Competitive Edge

Competitive Edge AEHL is repositioning itself from a traditional ceramics manufacturer to a tech‑focused holding company, but its competitive footing is still emerging. In livestreaming e‑commerce, it operates in China against very large, entrenched platforms that dominate users, brands, and influencers. AEHL’s KylinCloud unit appears to focus on offering a one‑stop service and tools for mid‑tier customers, which can be a niche, but scale and loyalty are ongoing challenges. In energy solutions for crypto mining and AI data centers in Texas, early demand for its initial power project is encouraging, yet this market is also drawing many competitors and relies more on execution and cost management than on unique technology. The legacy ceramics business seems to be a diminishing contributor and does not provide a strong competitive moat. Overall, AEHL’s position is that of a small, nimble entrant in crowded, fast‑moving markets rather than a dominant player.

Innovation and R&D

Innovation and R&D The company’s innovation story centers on three areas: AI‑driven virtual influencers, a digital platform for livestreaming e‑commerce, and targeted energy solutions for power‑hungry computing. Through KylinCloud, AEHL uses AI‑based virtual personas to host livestreams and support brands, aiming for around‑the‑clock, customizable promotion at lower long‑term cost than human influencers. While this approach is conceptually attractive, there is limited evidence so far of a deep proprietary edge versus other firms experimenting with similar technology. On the energy side, AEHL is deploying conventional natural‑gas‑based generation tailored to crypto mining and AI facilities in Texas; the innovation is more in market focus and structure than in underlying technology. The company is also adopting a digital‑asset strategy by accumulating Bitcoin and partnering with a leading custodian, which is unusual for a firm of its size and aligns it with Web3 themes. Future progress will depend on improving the sophistication and differentiation of its AI platform, scaling energy operations efficiently, and showing that these innovations can translate into durable margins rather than just headlines.

Summary

AEHL today is a small, financially fragile company in the midst of a major strategic pivot—from a struggling traditional manufacturing base to a mix of livestreaming e‑commerce, AI‑driven marketing tools, energy infrastructure for advanced computing, and exposure to Bitcoin. Revenues are growing from a low base, but profitability and cash generation remain weak, and the balance sheet offers only a thin safety cushion. Competitive landscapes in both Chinese livestreaming and Texas energy are intense, and AEHL currently plays the role of a niche, developing participant rather than a market leader. The company’s innovation efforts and bold shift toward digital and energy themes create clear upside potential if execution improves, but they also introduce meaningful operational, financial, and strategic risk. Observers should view AEHL as an early‑stage transformation story with high uncertainty around long‑term stability and scale.