Announcement • May 27
Net-A-Go Technology Company Limited, Annual General Meeting, Jun 29, 2026 Net-A-Go Technology Company Limited, Annual General Meeting, Jun 29, 2026, at 11:30 China Standard Time. Location: unit 25b03 on 25th floor, far east finance center, 16 harcourt road, Hong Kong Reported Earnings • Apr 01
Full year 2025 earnings released: HK$0.14 loss per share (vs HK$0.054 loss in FY 2024) Full year 2025 results: HK$0.14 loss per share (further deteriorated from HK$0.054 loss in FY 2024). Revenue: HK$288.9m (down 2.0% from FY 2024). Net loss: HK$102.0m (loss widened 146% from FY 2024). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Mar 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). New Risk • Mar 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Buy Or Sell Opportunity • Mar 09
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at HK$1.11. The fair value is estimated to be HK$1.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Meanwhile, the company became loss making. Announcement • Feb 27
Net-A-Go Technology Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Net-A-Go Technology Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 Announcement • Feb 26
Net-A-Go Technology Company Limited has completed a Follow-on Equity Offering in the amount of HKD 70.4 million. Net-A-Go Technology Company Limited has completed a Follow-on Equity Offering in the amount of HKD 70.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 80,000,000
Price\Range: HKD 0.88
Transaction Features: Subsequent Direct Listing Announcement • Jan 30
Net-A-Go Technology Company Limited has filed a Follow-on Equity Offering in the amount of HKD 70.4 million. Net-A-Go Technology Company Limited has filed a Follow-on Equity Offering in the amount of HKD 70.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 80,000,000
Price\Range: HKD 0.88
Transaction Features: Subsequent Direct Listing Announcement • Jan 14
Net-A-Go Technology Company Limited Announces Appointment of Ms. Liu Yan as Independent Non-Executive Director and Changes in Board Committee Composition, Effective January 12, 2026 Net-A-Go Technology Company Limited announced that Ms. Liu Yan has been appointed as an independent non-executive Director, effective from January 12, 2026. Ms. Liu has also been appointed as the chairlady of the audit committee of the Company and a member of the remuneration committee of the Company, effective from January 12, 2026. Ms. Liu, aged 54, obtained a Bachelor Degree in Economics from the Central University of Finance & Economics in 1992 and a Master Degree in Business Administration from the University of Rochester in 2005. She is a member of Chinese Institute of Certified Public Accountants (CICPA) and passed all three levels for the Chartered Financial Analyst (CFA) program. Ms. Liu has over thirty years of experience in auditing, financial management, taxation and fund management. She previously worked at Brilliance Group (Shanghai) from 1992 to 1994, PricewaterhouseCoopers (Guangzhou, China) from 1994 to 2001, Barclays Capital (New York City) from 2005 to 2006, Angelo Gordon Asia Limited (Hong Kong and New York) from 2007 to 2010 and China Everbright Limited (Hong Kong) from 2010 to 2015. Ms. Liu served as an independent non-executive director of the Company for the period from October 27, 2016 to September 27, 2018, Tai United Holdings Limited for the period from June 18, 2015 to August 4, 2023, Great Wall Pan Asia Holdings Limited for the period from November 26, 2018 to March 15, 2025, Planetree International Development Limited for the period from November 1, 2020 to November 1, 2022 and Haitong International Securities Group Limited for the period from June 19, 2018 to August 25, 2021. Ms. Liu has entered into a service contract with the Company for a term of three years. Ms. Liu shall hold office until the next following annual general meeting and shall then be eligible for re-election at that meeting, and will be subject to retirement by rotation and re-election in accordance with the articles of association of the Company. Following the appointment of Ms. Liu, the Company re-complies with the requirements that the Board must include at least three independent non-executive directors under Rule 3.10(1) of the Listing Rules, at least one of the independent non-executive directors must have appropriate professional qualifications or accounting or related financial management expertise under Rule 3.10(2) of the Listing Rules, the Audit Committee must comprise a minimum of three members under Rule 3.21 of the Listing Rules, and the Remuneration Committee must comprise a majority of independent non-executive directors under Rule 3.25 of the Listing Rules. New Risk • Dec 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Board Change • Nov 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Sincere Wong was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 28
First half 2025 earnings released: EPS: HK$0.03 (vs HK$0.005 loss in 1H 2024) First half 2025 results: EPS: HK$0.03 (up from HK$0.005 loss in 1H 2024). Revenue: HK$180.7m (up 73% from 1H 2024). Net income: HK$22.7m (up HK$26.9m from 1H 2024). Profit margin: 13% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Aug 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$776.4m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 37% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$776.4m market cap, or US$99.4m). Reported Earnings • Jul 27
Full year 2024 earnings released: HK$0.054 loss per share (vs HK$0.019 loss in FY 2023) Full year 2024 results: HK$0.054 loss per share (further deteriorated from HK$0.019 loss in FY 2023). Revenue: HK$294.7m (up 56% from FY 2023). Net loss: HK$41.4m (loss widened 190% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jul 21
Net-a-Go Technology Company Limited to Report First Half, 2025 Results on Aug 26, 2025 Net-a-Go Technology Company Limited announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • Jul 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (HK$5.9m sold). New Risk • Jun 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$776.4m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Significant insider selling over the past 3 months (HK$5.9m sold). Market cap is less than US$100m (HK$776.4m market cap, or US$98.9m). Announcement • May 30
Net-a-Go Technology Company Limited, Annual General Meeting, Jun 26, 2025 Net-a-Go Technology Company Limited, Annual General Meeting, Jun 26, 2025, at 11:30 China Standard Time. Location: suite 1201, 12/f, 1111 king`s road, taikoo shing., Hong Kong Recent Insider Transactions • May 25
Insider recently sold HK$5.9m worth of stock On the 21st of May, Peng Cui sold around 5m shares on-market at roughly HK$1.19 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. New Risk • May 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$775.1m (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$775.1m market cap, or US$99.5m). Reported Earnings • Apr 02
Full year 2024 earnings released: HK$0.054 loss per share (vs HK$0.045 loss in FY 2023) Full year 2024 results: HK$0.054 loss per share (further deteriorated from HK$0.045 loss in FY 2023). Revenue: HK$294.7m (up 44% from FY 2023). Net loss: HK$41.4m (loss widened 19% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Mar 17
Net-a-Go Technology Company Limited to Report Fiscal Year 2024 Final Results on Mar 28, 2025 Net-a-Go Technology Company Limited announced that they will report fiscal year 2024 final results on Mar 28, 2025 New Risk • Jan 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Significant insider selling over the past 3 months (HK$66m sold). Buy Or Sell Opportunity • Jan 21
Now 25% undervalued Over the last 90 days, the stock has risen 19% to HK$1.30. The fair value is estimated to be HK$1.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Meanwhile, the company became loss making. New Risk • Dec 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$763.2m (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$763.2m market cap, or US$98.0m). Reported Earnings • Sep 28
First half 2024 earnings released: HK$0.005 loss per share (vs HK$0.001 loss in 1H 2023) First half 2024 results: HK$0.005 loss per share (further deteriorated from HK$0.001 loss in 1H 2023). Revenue: HK$105.4m (up 2.7% from 1H 2023). Net loss: HK$3.84m (loss widened 271% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Jul 22
Net-a-Go Technology Company Limited to Report First Half, 2024 Results on Aug 28, 2024 Net-a-Go Technology Company Limited announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Jul 09
Net-A-Go Technology Company Limited Announces Board Changes Net-a-Go Technology Company Limited announced the following changes with effect from 8 July 2024 Mr. Cui Peng has resigned as an Executive Director and Authorised Representatives and Ms. Chen Wenting has been appointed as an Non-Executive Director. Ms. Chen, aged 39, graduated from Beijing University of Aeronautics and Astronautics with a bachelor's degree in law in 2005, then studied international law at the School of International Law of China University of Political Science and Law from 2006 to 2009, where she obtained a master's degree. Ms. Chen also passed the National Judicial Examination in February 2009 and obtained the Legal Professional Qualification Certificate of the People's Republic of China. Ms. Chen served as a legal assistant in the Beijing branch of Shanghai Xiaoyun Law Firm from 2005 to 2006; served as a legal specialist in Hanergy Holding Group Co. Ltd. (Stock code: 566) from 2006 to 2008; and served as a specialist in the Credit Review Department of China Minsheng Bank Credit Card Center from 2009 to 2011; From 2011 to 2016, she returned to Hanergy Holding Group Co. Ltd. (Stock code: 566) as deputy director of the Legal Affairs Center; and since 2016 she served as vice president and legal director of Beijing Sports and Entertainment Industry Group Limited (Stock code: 1803). Ms. Chen has been engaged in law-related industries for 19 years and has worked for the above-mentioned well-known domestic law firms, financial institutions and many Hong Kong listed companies. She has rich legal work experience, industry compliance experience,securities and financial derivative transactions related experience, and listed company risk management and dispute resolution experience. Buy Or Sell Opportunity • Jul 05
Now 22% undervalued Over the last 90 days, the stock has risen 2.5% to HK$1.22. The fair value is estimated to be HK$1.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Meanwhile, the company became loss making. New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 43% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Buy Or Sell Opportunity • May 28
Now 23% undervalued Over the last 90 days, the stock has risen 15% to HK$1.23. The fair value is estimated to be HK$1.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 11
Net-a-Go Technology Company Limited, Annual General Meeting, Jun 24, 2024 Net-a-Go Technology Company Limited, Annual General Meeting, Jun 24, 2024, at 11:30 China Standard Time. Location: suite 1201, 12/f, 1111 king`s road, taikoo shing, Hong Kong Announcement • May 01
Ho Wan Choi agreed to acquire 90% stake in Shanghai Umitai Medical Technology Co. Ltd from Net-a-Go Technology Company Limited (SEHK:1483) for CNY 22.5 million. Ho Wan Choi agreed to acquire 90% stake in Shanghai Umitai Medical Technology Co. Ltd from Net-a-Go Technology Company Limited (SEHK:1483) for CNY 22.5 million on April 30, 2024. The consideration consists of CNY 22.50 million in cash. As part of the consideration, CNY 22.50 million was paid towards common equity. As of March 31, 2024, Shanghai Umitai Medical Technology Co. Ltd reported total assets of CNY 6 million, and net liabilities of CNY 8 million. The Group intends to apply the sales proceeds for general working capital purposes. The deal is subject to approval from board of directors of Net-a-Go Technology Company Limited and regulatory board. The deal is expected to be completed on or before 30 June 2024. Reported Earnings • Mar 27
Full year 2023 earnings released: HK$0.05 loss per share (vs HK$0.20 loss in FY 2022) Full year 2023 results: HK$0.05 loss per share (improved from HK$0.20 loss in FY 2022). Revenue: HK$205.3m (down 22% from FY 2022). Net loss: HK$34.8m (loss narrowed 78% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • Mar 06
Net-a-Go Technology Company Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 Net-a-Go Technology Company Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 New Risk • Feb 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$771.2m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$771.2m market cap, or US$98.6m). New Risk • Nov 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change). Reported Earnings • Sep 03
First half 2023 earnings released: HK$0.003 loss per share (vs HK$0.009 profit in 1H 2022) First half 2023 results: HK$0.003 loss per share (down from HK$0.009 profit in 1H 2022). Revenue: HK$109.9m (down 21% from 1H 2022). Net loss: HK$1.95m (down 126% from profit in 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. New Risk • Sep 01
New major risk - Revenue and earnings growth Earnings have declined by 31% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Aug 24
Net-A-Go Technology Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023 Net-a-Go Technology Company Limited provides earnings guidance for the six months ended 30 June 2023. The Group expects to record loss attributable to the equity holders of the Company within a range of HKD 2 million to HKD 5 million for the Interim Period, as compared to the profit attributable to the equity holders of the Company of approximately HKD 7.6 million for the corresponding period in 2022. Announcement • Aug 03
Net-a-Go Technology Company Limited to Report First Half, 2023 Results on Aug 30, 2023 Net-a-Go Technology Company Limited announced that they will report first half, 2023 results on Aug 30, 2023 New Risk • Aug 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$763.2m (US$97.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 19% share price gain to HK$1.18, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 6x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 38% over the past three years. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Sincere Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: HK$0.009 (vs HK$0.031 in 1H 2021) First half 2022 results: EPS: HK$0.009 (down from HK$0.031 in 1H 2021). Revenue: HK$138.9m (down 12% from 1H 2021). Net income: HK$7.40m (down 68% from 1H 2021). Profit margin: 5.3% (down from 14% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Aug 25
Net-a-Go Technology Company Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2022 Net-a-Go Technology Company Limited provided group earnings guidance for the six months ended 30 June 2022. The board of directors of the Company informed the shareholders and potential investors of the Company that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2022 (the "Interim Period") and the information currently available to the Company, the Group expects to record profit attributable to the equity holders of the Company within a range of HKD 6 million to HKD 10 million for the Interim Period, as compared to the profit attributable to the equity holders of the Company of approximately HKD 22.8 million for the corresponding period in 2021 ("Corresponding Period"). Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 16% share price gain to HK$1.14, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 12x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 39% over the past three years. Recent Insider Transactions • Aug 06
Executive Chairman of the Board recently bought HK$11m worth of stock On the 29th of July, Kangqiao Sang bought around 11m shares on-market at roughly HK$1.00 per share. This was the largest purchase by an insider in the last 3 months. This was Kangqiao's only on-market trade for the last 12 months. Announcement • Jul 28
Net-a-Go Technology Company Limited to Report First Half, 2022 Results on Aug 30, 2022 Net-a-Go Technology Company Limited announced that they will report first half, 2022 results on Aug 30, 2022 Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improved over the past week After last week's 45% share price gain to HK$1.03, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 8x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 46% over the past three years. Announcement • Apr 27
Net-A-Go Technology Company Ltd Ordinary Shares to Be Deleted from OTC Net-a-Go Technology Company Limited's Ordinary Shares will be deleted from other OTC effective from April 27, 2022 due to Ordinary Shares. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Sincere Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: HK$0.05 (vs HK$0.034 in FY 2020) Full year 2021 results: EPS: HK$0.05 (up from HK$0.034 in FY 2020). Revenue: HK$332.0m (up 30% from FY 2020). Net income: HK$37.6m (up 57% from FY 2020). Profit margin: 11% (up from 9.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 16% share price gain to HK$1.17, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 9x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 41% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 20% share price decline to HK$1.03, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 10x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 20% share price gain to HK$1.33, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 10x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to HK$1.30, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 11x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 17% share price gain to HK$1.60, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 11x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 14% over the past three years. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Sincere Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Sincere Wong was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to HK$1.19, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 11x in the Commercial Services industry in Hong Kong. Total loss to shareholders of 40% over the past three years. Reported Earnings • Aug 22
First half 2021 earnings released: EPS HK$0.031 (vs HK$0.013 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$158.1m (up 28% from 1H 2020). Net income: HK$22.8m (up 144% from 1H 2020). Profit margin: 14% (up from 7.6% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorated over the past week After last week's 17% share price decline to HK$1.18, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 26x in the Hospitality industry in Hong Kong. Total loss to shareholders of 41% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 16% share price gain to HK$1.45, the stock trades at a trailing P/E ratio of 42.7x. Average trailing P/E is 26x in the Hospitality industry in Hong Kong. Total loss to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to HK$1.29, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 31x in the Hospitality industry in Hong Kong. Total loss to shareholders of 42% over the past three years. Reported Earnings • May 02
Full year 2020 earnings released: EPS HK$0.034 (vs HK$0.029 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$255.4m (up 11% from FY 2019). Net income: HK$23.9m (up HK$40.8m from FY 2019). Profit margin: 9.4% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment deteriorated over the past week After last week's 19% share price decline to HK$1.99, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 34x in the Hospitality industry in Hong Kong. Total loss to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 19% share price gain to HK$2.42, the stock trades at a trailing P/E ratio of 71.2x. Average trailing P/E is 32x in the Hospitality industry in Hong Kong. Total returns to shareholders of 6.6% over the past three years. Reported Earnings • Mar 19
Full year 2020 earnings released: EPS HK$0.035 (vs HK$0.12 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: HK$255.4m (down 45% from FY 2019). Net income: HK$23.9m (up HK$94.9m from FY 2019). Profit margin: 9.4% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 16
New 90-day high: HK$2.00 The company is up 80% from a price of HK$1.11 on 16 December 2020. Outperformed the Hong Kong market which is up 12% over the last 90 days. Exceeded the Hospitality industry, which is up 11% over the same period. Announcement • Mar 09
U Banquet Group Holding Limited to Report Fiscal Year 2020 Results on Mar 18, 2021 U Banquet Group Holding Limited announced that they will report fiscal year 2020 results on Mar 18, 2021 Is New 90 Day High Low • Feb 10
New 90-day high: HK$1.37 The company is up 19% from its price of HK$1.15 on 12 November 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 20% over the same period. Recent Insider Transactions • Jan 20
Executive Chairman of the Board recently bought HK$15m worth of stock On the 15th of January, Kangqiao Sang bought around 14m shares on-market at roughly HK$1.10 per share. This was the largest purchase by an insider in the last 3 months. This was Kangqiao's only on-market trade for the last 12 months. Is New 90 Day High Low • Jan 07
New 90-day low: HK$1.05 The company is down 14% from its price of HK$1.22 on 09 October 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 11
New 90-day low: HK$1.15 The company is down 15% from its price of HK$1.35 on 13 August 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 9.0% over the same period. Reported Earnings • Sep 25
First half earnings released Over the last 12 months the company has reported total losses of HK$64.8m, with losses widening by 32% from the prior year. Total revenue was HK$484.8m over the last 12 months, up 11% from the prior year. Announcement • Jul 30
Chow Ka Chun Simon completed the acquisition of YuYan Group (Hong Kong) Investment Limited from U Banquet Group Holding Limited (SEHK:1483). Chow Ka Chun Simon entered into an agreement to acquire YuYan Group (Hong Kong) Investment Limited from U Banquet Group Holding Limited (SEHK:1483) for HKD 0.2 million on April 21, 2020. The consideration shall be payable upon completion. In 2019, YuYan Group reported revenues of approximately HKD 230 million, loss before income tax of HKD 51.2 million, loss income after tax of HKD 51.2 million, total assets of HKD 63.1 million, and net liabilities of HKD 73.2 million.
Completion is conditional upon fulfilment of the following conditions: approval of the board of directors and shareholders of U Banquet Group Holding Limited, U Banquet having proved that it has good title to the sale shares, free from all encumbrances, U Banquet having waived irrevocably any restrictions in relation to the transfer of the sale shares which may exist under the articles of association of YuYan Group, including pre-emption rights, regulatory approval, having obtained all necessary consents and authorizations which may be required to implement the agreement under any existing contractual arrangements or documentation, all representations, warranties and undertakings as set out in the agreement remaining true, valid, and effective up to and including the completion date.
If any of the above conditions have not been fulfilled or waived by Chow Ka Chun Simon in writing on or before the long stop date, June 30, 2020, all rights and obligations of the parties under the agreement shall cease and terminate. No party shall have any claim against the other save for any claim in respect of any antecedent breach thereof. Completion shall take place on or before June 30, 2020, following the satisfaction of all the aforesaid conditions. U Banquet Group intends to apply the sales proceeds for general working capital purpose. Messis Capital Limited acted as financial advisor and Union Registrars Limited acted as registrar to U Banquet Group Holding Limited.
Chow Ka Chun Simon completed the acquisition of YuYan Group (Hong Kong) Investment Limited from U Banquet Group Holding Limited (SEHK:1483) on May 28, 2020. The Board is pleased to announce that all the conditions precedent set out in the Disposal Agreement have been fulfilled and YuYan Group has ceased to be subsidiaries of U Banquet Group Holding Limited. Announcement • Jul 10
U Banquet Group Holding Limited to Report First Half, 2020 Results on Aug 14, 2020 U Banquet Group Holding Limited announced that they will report first half, 2020 results on Aug 14, 2020 
