Hong Kong Stock Exchange · Industrials
Invest in Macau E&M stock from India
Indian and foreign residents can buy Macau E&M (1408) shares directly through Paasa.
By Paasa · Updated
Macau E&M at a glance
- Price
- HK$0.39+HK$0.00 (0.00%)
- Market cap
- HK$192.50M
- Day range
- HK$0.39 – HK$0.39
- P/E
- 158.62
- Dividend yield
- 0.55%
- Volume
- 4.00K
- 1 month
- +6.94%
- 6 months
- +0.00%
- YTD
- +60.42%
- 1 year
- +48.08%
- 5 years
- +13.24%
Macau E&M statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | MOP 76.8M | MOP 92.1M | MOP 128.3M | MOP 143.0M | MOP 184.5M |
| Gross profit | MOP 12.3M | MOP 7.2M | MOP 7.4M | MOP 25.1M | MOP 43.4M |
| Operating income | −MOP 2.3M | −MOP 7.4M | −MOP 7.6M | MOP 9.1M | MOP 27.9M |
| Net income | MOP 2.2M | −MOP 2.5M | −MOP 3.8M | MOP 9.3M | MOP 26.2M |
| Earnings per share | MOP 0.00 | −MOP 0.01 | −MOP 0.01 | MOP 0.02 | MOP 0.05 |
| EBITDA | MOP 3.6M | −MOP 6.3M | −MOP 2.3M | MOP 12.6M | MOP 30.2M |
| Total assets | MOP 237.4M | MOP 238.4M | MOP 259.7M | MOP 259.9M | MOP 274.9M |
| Total debt | MOP 16.7M | MOP 12.4M | MOP 13.0M | MOP 14.2M | MOP 1.4M |
| Cash and short-term investments | MOP 172.9M | MOP 141.6M | MOP 141.8M | MOP 118.2M | MOP 174.2M |
| Shareholders' equity | MOP 205.1M | MOP 203.0M | MOP 205.4M | MOP 214.8M | MOP 236.4M |
| Operating cash flow | MOP 23.6M | −MOP 3.9M | MOP 27.6M | −MOP 2.4M | MOP 22.9M |
| Free cash flow | MOP 23.6M | −MOP 3.9M | MOP 24.9M | −MOP 38.7M | MOP 22.8M |
| Capital expenditure | −MOP 20.0K | MOP 0.0 | −MOP 2.7M | −MOP 36.3M | −MOP 135.0K |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in MOP; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Ailife International | 0784.HK | HK$0.58 | HK$460.00M |
| Solis | 2227.HK | HK$0.34 | HK$311.30M |
| SH | 1637.HK | HK$0.67 | HK$268.00M |
| Lap Kei Engineering | 1690.HK | HK$0.14 | HK$202.33M |
| Kin Pang | 1722.HK | HK$0.14 | HK$148.50M |
| Wing Chi | 6080.HK | HK$0.12 | HK$128.84M |
| Geotech | 1707.HK | HK$0.04 | HK$70.56M |
| Grandshores Technology | 1647.HK | HK$0.06 | HK$69.31M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Macau E&M from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.
Step 3
Search 1408 and buy
Find Macau E&M by name or by its ticker, 1408, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
Why invest in Macau E&M from India
What Macau E&M does
Macau E&M Holding Limited operates as an investment holding entity, specializing in providing contract-based electrical and mechanical (E&M) engineering solutions throughout Macau. Its primary services encompass the procurement, installation, ongoing maintenance, and rectification of low voltage (LV) systems, heating, ventilation, and air-conditioning (HVAC) systems, and extra low voltage (ELV) systems. Macau E&M operates in the Engineering & Construction industry within the Industrials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Macau E&M stock from India?
Yes. Indian residents and NRIs can buy Macau E&M (1408) shares directly through Paasa. Macau E&M is listed on the Hong Kong Stock Exchange, in the Engineering & Construction industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full Macau E&M share?
Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$0.39 a share, size the order by the lot, not by the share.
How are Macau E&M dividends taxed for Indian investors?
Macau E&M trades on the Hong Kong Stock Exchange but is domiciled in Macao SAR China, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Macau E&M shares?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.