E-Home Household Service Holdings Ltd Files 2024 Annual Report

TL;DR

E-Home Household Service Holdings Ltd filed its 2024 20-F, showing they're still in business.

AI Summary

E-Home Household Service Holdings Ltd filed its annual report on Form 20-F for the fiscal year ended June 30, 2024. The company, incorporated in E9 and headquartered in Fuzhou City, China, operates in the miscellaneous repair services sector. This filing serves as an annual report, indicating ongoing operations and compliance with SEC regulations.

Why It Matters

This filing provides investors and analysts with the company's official financial and operational overview for the past fiscal year, crucial for understanding its performance and future prospects.

Risk Assessment

Risk Level: medium — As a foreign private issuer filing a 20-F, the company is subject to different disclosure requirements than domestic US companies, and its operations are based in China, which can introduce geopolitical and regulatory risks.

Key Numbers

• 2024 — Fiscal Year End (The report covers the fiscal year ending June 30, 2024.)
• 001-40375 — SEC File Number (This number identifies the company's filings with the SEC.)

Key Players & Entities

• E-Home Household Service Holdings Ltd (company) — Registrant
• 0001769768 (company) — Central Index Key
• 001-40375 (company) — SEC File Number
• June 30, 2024 (date) — Fiscal Year End
• Fuzhou City (location) — Business Address City

FAQ

Key Financial Figures

• $10 — Registered Ordinary Shares, par value $10 per share EJH NASDAQ Capital Market S
• $1 — Ordinary Shares outstanding, par value $1 per share. (The Company effected a 1 fo

Filing Documents

• ea0218443-20f_ehomehouse.htm (20-F) — 2127KB
• ea021844301ex1-3_ehomehouse.htm (EX-1.3) — 388KB
• ea021844301ex2-1_ehomehouse.htm (EX-2.1) — 32KB
• ea021844301ex8-1_ehomehouse.htm (EX-8.1) — 7KB
• ea021844301ex12-1_ehomehouse.htm (EX-12.1) — 10KB
• ea021844301ex12-2_ehomehouse.htm (EX-12.2) — 10KB
• ea021844301ex13-1_ehomehouse.htm (EX-13.1) — 4KB
• ea021844301ex13-2_ehomehouse.htm (EX-13.2) — 4KB
• ea021844301ex15-1_ehomehouse.htm (EX-15.1) — 4KB
• ea021844301ex15-2_ehomehouse.htm (EX-15.2) — 2KB
• ea021844301ex15-3_ehomehouse.htm (EX-15.3) — 3KB
• ea021844301ex19-1_ehomehouse.htm (EX-19.1) — 51KB
• ea021844301ex97-1_ehomehouse.htm (EX-97.1) — 27KB
• image_001.jpg (GRAPHIC) — 2KB
• image_002.jpg (GRAPHIC) — 152KB
• ex1-3_001.jpg (GRAPHIC) — 55KB
• image_005.jpg (GRAPHIC) — 34KB
• image_004.jpg (GRAPHIC) — 6KB
• 0001213900-24-091756.txt ( ) — 12324KB
• ejh-20240630.xsd (EX-101.SCH) — 110KB
• ejh-20240630_cal.xml (EX-101.CAL) — 67KB
• ejh-20240630_def.xml (EX-101.DEF) — 512KB
• ejh-20240630_lab.xml (EX-101.LAB) — 827KB
• ejh-20240630_pre.xml (EX-101.PRE) — 514KB
• ea0218443-20f_ehomehouse_htm.xml (XML) — 1306KB

Item 18

Item 17 Item 18 If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No (APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS) Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes No Annual Report on Form 20-F Year Ended June 30, 2024 PART I ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS 1 ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE 1 ITEM 3. KEY INFORMATION 1 A. [Reserved] 6 B. Capitalization and Indebtedness 6 C. Reasons for the Offer and Use of Proceeds 6 D. Risk Factors 6 ITEM 4. INFORMATION ON THE COMPANY 32 A. History and Development of the Company 32 B. Business Overview 33 C. Organizational Structure 47 D. Facilities 47 ITEM 4A. UNRESOLVED STAFF COMMENTS 48 ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 48 A. Operating Results 48 B. Liquidity and Capital Resources 59 C. Research and Development, Patents and Licenses, etc. 61 D. Trend Information 61 E. Critical Accounting Policies and Estimates 61 ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES 62 A. Directors and Senior Management 62 B. Compensation 63 C. Board Practices 65 D. Employees 68 E. Share Ownership 69 ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS 70 A. Major Shareholders 70 B. Related Party Transactions 70 C. Interests of Experts and Counsel 70 ITEM 8. FINANCIAL INFORMATION 70 A. Consolidated Statements and Other Financial Information 70 B. Significant Changes 71 i ITEM 9. THE OFFER AND LISTING 71 A. Offer and Listing Details 71 B. Plan of Distribution 71 C. Markets 71 D. Selling Shareholders 71 E. Dil

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 85 ITEM 12.

DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES

DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES 86 A. Debt Securities 86 B. Warrants and Rights 86 C. Other Securities 86 D. American Depositary Shares 86 PART II ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES 87 ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITIES HOLDERS AND USE OF PROCEEDS 87 ITEM 15.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 87 ITEM 16 [RESERVED] 89 ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT 89 ITEM 16B. CODE OF ETHICS 89 ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES 89 ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES 89 ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS 90 ITEM 16F. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT 90 ITEM 16G. CORPORATE GOVERNANCE 90 ITEM 16I. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 91 ITEM 16J INSIDER TRADING POLICY 91 ITEM 16K CYBERSECURITY 91 PART III ITEM 17. CONSOLIDATED FINANCIAL STATEMENTS 92 ITEM 18. CONSOLIDATED FINANCIAL STATEMENTS 92 ITEM 19. EXHIBITS 92 ii INTRODUCTORY NOTES Use of Certain Defined Terms Except as otherwise indicated by the context and for the purposes of this report only, references in this report to: "we," "us," "our" or "our company," are to the combined business of E-Home Household Service Holdings Limited, a Cayman Islands company, and its consolidated subsidiaries; "E-Home WFOE" are to E-Home Household Service Technology Co., Ltd., a limited liability company established under the laws of the PRC as a wholly foreign owned enterprise; "E-Home Pingtan" are to E-Home (Pingtan) Home Service Co., Ltd., previously named Pingtan Comprehensive Experimental Area E Home Service Co., Ltd., a limited liability company established under the laws of the PRC; "Exchange Act" are to the Securities Exchange Act of 1934, as amended; "Fuzhou Bangchang" are to Fuzhou Bangchang Technology Co. Ltd., a limited liability company established under the laws of the PRC; "Hong Kong" are to the Hong Kong Special Administrative Region of the People's Republic of China; "PRC" and "China" are to the People's Republic of China, excluding, for the purpose of this annual report, Taiwan and the special administrative regions of Hong Kong and Macau; "Renminbi" and "RMB" are to

IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS

ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS Not applicable for annual reports on Form 20-F.

OFFER STATISTICS AND EXPECTED TIMETABLE

ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE Not applicable for annual reports on Form 20-F.

KEY INFORMATION

ITEM 3. KEY INFORMATION Our Holding Company Structure and Their Respective Individual Shareholders E-Home is not an operating company but rather a holding company incorporated in the Cayman Islands. Because E-Home has no operations of its own, we conduct substantially all of our business in mainland China (which is also referred to as " PRC ," and for the purpose of this report, excluding Taiwan and the special administrative regions of Hong Kong and Macau) and generate revenue for the years ended June 30, 2022, 2023 and 2024 through E-Home's subsidiaries, particularly, E-Home (Pingtan) Home Service Co., Ltd. and Fuzhou Bangchang Technology Co. Ltd., and their respective subsidiaries. As used in this annual report, unless the context indicates otherwise, references to "E-Home" refer to E-Home Household Service Holdings Limited, a holding company and references to "we," "us," "our," the "Company" or "our company" are to E-Home and its consolidated subsidiaries, including E-Home Household Service Holdings Limited (Hong Kong), Fujian Chuangying Business Science and Technology Co., Ltd. and its wholly owned subsidiaries Fuzhou Funeng Enterprise Management Consulting Co., Ltd. and Fujian Weizhixing Technology Co., Ltd, Zhongrun (Fujian) Pharmaceutical Co. Ltd., E-Home Household Service Technology Co., Ltd., E-Home (Pingtan) Home Service Co., Ltd., Fuzhou Bangchang Technology Co. Ltd., Fuzhou Yongheng Xin Electric Co., Ltd., Fujian Happiness Yijia Family Service Co., Ltd., and Danyang Fumao Health Development Co., Ltd, as a whole. There are significant legal and operational risks associated with having substantially all of our business operations in China, including that changes in the legal, political and economic policies of the Chinese government, the relations between China and the United States, or Chinese or United States regulations may materially and adversely affect our business, financial condition and results of operations. Moreover, the Chinese governmen

View Full Filing

View this 20-F filing on SEC EDGAR