Wednesday, April 30th, 2025

Alset International Limited Announces Material Differences Between Unaudited and Audited Financial Statements for FY2024

Financial Analysis Report: Alset International Limited
Net Profit Decline: 17,848 (Loss for the year)
Business Description
Alset International Limited is a Singapore-incorporated company with a diverse portfolio of businesses. The company’s core business operations, business segments, and geographic footprint are not explicitly stated in the report. However, it is mentioned that the company has subsidiaries and is involved in various financial transactions.
Industry Position and Competitors
The report does not provide information on the company’s position within the industry, its competitors, or its market share.
Revenue Streams and Customer Base
The report does not provide detailed information on the company’s revenue streams, customer base, supply chain, or competitive advantage. However, it is mentioned that the company has various financial transactions, including the acquisition and disposal of subsidiaries.
Financial Statement Analysis
Income Statement
The company’s loss for the year ended December 31, 2024, is $17,848.
The company’s revenue for the year ended December 31, 2024, is $22,428.
The company’s cost of sales for the year ended December 31, 2024, is $22,425.
Balance Sheet
The company’s total assets as of December 31, 2024, are $26,749.
The company’s total liabilities as of December 31, 2024, are $11,095.
Cash Flow Statement
The company’s net cash flows generated from operating activities for the year ended December 31, 2024, is $15,129.
The company’s net cash flows used in investing activities for the year ended December 31, 2024, is $18,820.
Key Facts and Investor Action
The company’s loss for the year ended December 31, 2024, is $17,848.
The company’s financial statements have been restated due to material differences between the unaudited and audited financial statements.
The company has made adjustments to its financial statements, including reclassifications and restatements.
Dividend and Earnings
No dividend is proposed.
Strengths and Risks
The company’s strengths include its ability to generate cash flows from operating activities.
The company’s risks include its significant loss for the year and the need for restatements of its financial statements.
Date of Report and Financial Year
The report is dated April 15, 2025, and relates to the financial year ended December 31, 2024.
Special Activities or Actions
The company has made various adjustments to its financial statements to improve accuracy and transparency.
Recommendation
For current investors: SELL The company’s significant loss for the year and the need for restatements of its financial statements are concerning. Investors may want to consider selling their shares to minimize potential losses.
For potential investors: AVOID The company’s financial performance and the need for restatements of its financial statements may deter potential investors from investing in the company.
Disclaimer: This recommendation is based solely on the information provided in the report and should not be considered as investment advice. Investors should conduct their own research and consult with financial experts before making any investment decisions.

View Alset Historical chart here



CDL Hospitality Trusts Reports Full Year 2024 Financial Results and Distributions

CDL Hospitality Trusts: 2024 Financial Report Analysis (Net Profit Decline) CDL Hospitality Trusts: 2024 Financial Report Analysis (Net Profit Decline) Business Description CDL Hospitality Trusts (CDLHT) is a stapled group comprising CDL Hospitality Real...

Quantum Healthcare Limited: Independent Auditor’s Report and Financial Statements for FY2024

Net Profit Decline: Quantum Healthcare Limited’s Financial Report Analysis Company Overview Quantum Healthcare Limited is a Singapore-registered company primarily engaged in the healthcare business, specifically in the provision of dental services. The company has...

ICP Ltd. 2024 Financial Report: Revenue Growth Amid Profitability Challenges – Strategic Expansion in Hospitality Sector

Investment Capital Partners Ltd. (ICP Ltd.) Annual Financial Report Analysis – 2024 Business Description ICP Ltd. operates primarily in the hospitality sector, managing and franchising hotels under the Travelodge brand across Asia. Their portfolio...