Magic Empire Global Ltd
MEGL · Finance Services · EDGAR filings ↗
Grade
D50Sub-scale Hong Kong corporate-finance advisory firm with recurring losses despite a cash-rich balance sheet.
Strengths
- Very strong liquidity (current/quick ratio ~38x, 95th pct) with no meaningful debt
- Interest income partially offsets operating losses
Risks
- Operating margin -104% and ROE -6.9%; revenue down 10% and non-recurring deal-based
- Tiny float, Nasdaq listing/low-price delisting risk and PRC long-arm exposure
Notable findings
- Net lossNet loss (net margin -72.1%)
- Revenue declineRevenue -10.0% YoY
Key metrics
Operating margin
-104.2%
Net margin
-72.1%
Return on equity
-6.9%
Return on assets
-6.6%
Revenue growth (QoQ)
-10.0%
Current ratio
38.9×
Tangible book value
$16M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-10 | 2025-12-31 | 0001493152-26-016153 ↗ |
| 20-F | 2025-04-14 | 2024-12-31 | 0001641172-25-004566 ↗ |
| 20-F | 2024-04-22 | 2023-12-31 | 0001493152-24-015533 ↗ |
| 20-F | 2023-04-03 | 2022-12-31 | 0001493152-23-010615 ↗ |