Reported Earnings • Apr 29
Full year 2025 earnings released: HK$0.12 loss per share (vs HK$0.097 loss in FY 2024) Full year 2025 results: HK$0.12 loss per share (further deteriorated from HK$0.097 loss in FY 2024). Net loss: HK$136.9m (loss widened 65% from FY 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Announcement • Apr 23
Smart Fish Wealthlink Holdings Limited, Annual General Meeting, Jun 18, 2026 Smart Fish Wealthlink Holdings Limited, Annual General Meeting, Jun 18, 2026, at 09:30 China Standard Time. Location: falcon room i, basement, gloucester luk kwok hong kong, 72 gloucester road, wanchai., Hong Kong Reported Earnings • Mar 27
Full year 2025 earnings released: HK$0.12 loss per share (vs HK$0.097 loss in FY 2024) Full year 2025 results: HK$0.12 loss per share (further deteriorated from HK$0.097 loss in FY 2024). Net loss: HK$136.9m (loss widened 65% from FY 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Announcement • Mar 16
Smart Fish Wealthlink Holdings Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Smart Fish Wealthlink Holdings Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 New Risk • Jan 27
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$2.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Significant insider selling over the past 3 months (HK$2.2m sold). Market cap is less than US$100m (HK$215.0m market cap, or US$27.6m). Announcement • Jan 22
Smart Fish Wealthlink Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 39.313114 million. Smart Fish Wealthlink Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 39.313114 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 245,706,960
Price\Range: HKD 0.16
Discount Per Security: HKD 0.0032
Transaction Features: Subsequent Direct Listing Announcement • Jan 20
Smart Fish Wealthlink Holdings Limited Proposes Special Cash Dividend, Payable on 09 March 2026 Smart Fish Wealthlink Holdings Limited Proposed special cash dividend of HKD 0.228 per 100 shares. Ex-dividend date is 13 February 2026. Payment date is 09 March 2026 and Record date is 23 February 2026. Date of shareholders' approval is 11 February 2026. Announcement • Jan 16
Smart Fish Wealthlink Holdings Limited Proposes Special Dividend Smart Fish Wealthlink Holdings Limited at the special general meeting will be held on 11 February 2026 to considering and, if thought fit, passing with or without amendments, the following resolutions of the Company: that subject to the fulfilment of the conditions set out in the section headed "Conditions
of the payment of the Special Dividend" in the circular of the Company dated 19 January 2026, the declaration and payment of a special dividend of Hong Kong 22.8 cents for every 100 shares (the " Special Dividend") out of any reserves of the Company available for distribution (including, without limitation, any contributed surplus, retained earnings or other distributable reserves), as the Board may in its absolute discretion determine, to shareholders of the Company whose names appear on the register of members of the Company at the close of business on the record date fixed by the Board for determining the entitlements to the Special Dividend, be and is hereby approved; and the Board be authorised to effect the payment of the Special Dividend and to do all acts and things and to take such steps and to execute such further documents as they may consider necessary, appropriate, desirable or expedient to give effect to or in connection with the payment of the Special Dividend. New Risk • Jan 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Minor Risk Market cap is less than US$100m (HK$232.2m market cap, or US$29.8m). New Risk • Oct 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$546.7m market cap, or US$70.4m). Announcement • Oct 17
Smart Fish Wealthlink Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 51.18895 million. Smart Fish Wealthlink Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 51.18895 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 204,755,800
Price\Range: HKD 0.25
Discount Per Security: HKD 0.005
Transaction Features: Subsequent Direct Listing Board Change • Oct 10
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Ngai Fan Chan was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Sep 28
First half 2025 earnings released: HK$0.003 loss per share (vs HK$0.001 loss in 1H 2024) First half 2025 results: HK$0.003 loss per share (further deteriorated from HK$0.001 loss in 1H 2024). Net loss: HK$53.8m (loss widened 285% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. New Risk • Sep 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$14.3m (US$1.84m) This is considered a major 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 Risks Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (HK$14.3m market cap, or US$1.84m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Significant insider selling over the past 3 months (HK$8.4m sold). Announcement • Sep 08
Smart Fish Wealthlink Holdings Limited Proposes Special Cash Dividend Smart Fish Wealthlink Holdings Limited proposed, subject to the approval of the Board at the board meeting to be held on 19 September 2025 and the Shareholders at the SGM, to utilize the net proceeds from the Disposal for the Special Cash Dividend to the Shareholders whose names appear on the register of members of the Company on the Record in proportion to their then respective shareholdings in the Company. Based on the expected net proceeds from the Disposal and the proposed Special Cash Dividend of approximately Hong Kong 1.14 cents for every 100 Existing Shares (equivalent to approximately Hong Kong 22.8 cents for every 100 New Shares after the Capital Reorganisation becoming effective) (subject to the approval by the Board), Shareholders shall receive approximately HKD 1.59 for every 14,000 Existing Shares held by the Shareholders and shall receive approximately HKD 22.8 for every 10,000 New Shares after the Capital Reorganisation becoming effective. Reported Earnings • Aug 29
First half 2025 earnings released: HK$0.003 loss per share (vs HK$0.001 loss in 1H 2024) First half 2025 results: HK$0.003 loss per share (further deteriorated from HK$0.001 loss in 1H 2024). Net loss: HK$53.8m (loss widened 285% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Aug 15
Smart Fish Wealthlink Holdings Limited to Report First Half, 2025 Results on Aug 26, 2025 Smart Fish Wealthlink Holdings Limited announced that they will report first half, 2025 results on Aug 26, 2025 Recent Insider Transactions • Jun 26
Key Executive recently sold HK$4.2m worth of stock On the 19th of June, Xiaodong Chen sold around 168m shares on-market at roughly HK$0.025 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth HK$4.5m. Xiaodong has been a net seller over the last 12 months, reducing personal holdings by HK$5.7m. Recent Insider Transactions • Jun 06
Executive Director recently sold HK$4.5m worth of stock On the 2nd of June, Qingrui Yu sold around 168m shares on-market at roughly HK$0.027 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. Insiders have been net sellers, collectively disposing of HK$9.9m more than they bought in the last 12 months. Board Change • May 28
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Ngai Fan Chan was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 32% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (HK$614.3m market cap, or US$78.7m). Announcement • Apr 29
Central Wealth Group Holdings Limited, Annual General Meeting, Jun 19, 2025 Central Wealth Group Holdings Limited, Annual General Meeting, Jun 19, 2025, at 09:30 China Standard Time. Location: falcon room i, basement, gloucester luk kwok hong kong, 72 gloucester road, wanchai, Hong Kong Reported Earnings • Mar 27
Full year 2024 earnings released: HK$0.005 loss per share (vs HK$0.008 loss in FY 2023) Full year 2024 results: HK$0.005 loss per share (improved from HK$0.008 loss in FY 2023). Net loss: HK$83.1m (loss narrowed 37% from FY 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. New Risk • Mar 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 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 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (HK$27m revenue, or US$3.4m). Market cap is less than US$100m (HK$432.0m market cap, or US$55.6m). Announcement • Mar 14
Central Wealth Group Holdings Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Central Wealth Group Holdings Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Announcement • Dec 19
Central Wealth Group Holdings Limited Appoints Wang Jinsong as Executive Director and A Member of Executive Committee Central Wealth Group Holdings Limited announced that Mr. Wang Jinsong ("Mr. Wang") has been appointed as an executive director and a member of Executive Committee of the Company with effect from 19 December 2024. Mr. Wang, aged 61, served as a lecturer at Teachers' Development School in Jinning District, Kunming from August 1985 to May 1992. He founded the first Sino-Taiwan joint venture in Jinning District, Kunming with a partner who worked at West Asia and North Africa Department of Ministry of Foreign Trade and Economic Cooperation from May 1992 to April 1999, and served as the assistant to the general manager and the manager of the marketing department. He served as the deputy chief clerk of the Jinning District Government Office of Kunming from May 1999 to November 2005; the chairman of the Federation of Industry and Commerce and the president of the Chamber of Commerce in Jinning District, Kunming from December 2005 to December 2010; the director of the Archives Bureau of Jinning District, Kunming City, and the third grade investigator since late December 2010, and retired in August 2022. Mr. Wang has not held other directorships in the last three years in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas. He graduated from Yunnan Provincial College of Education (now known as Yunnan Normal University) with a bachelor 's degree in Chinese language and literature from the Chinese Department in July 1990. Reported Earnings • Sep 28
First half 2024 earnings released: HK$0.001 loss per share (vs HK$0.002 loss in 1H 2023) First half 2024 results: HK$0.001 loss per share (improved from HK$0.002 loss in 1H 2023). Net loss: HK$14.0m (loss narrowed 53% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Aug 30
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: HK$27m (US$3.4m) This is considered a minor risk. Companies with a small amount of revenue 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 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Significant insider selling over the past 3 months (HK$1.5m sold). Revenue is less than US$5m (HK$27m revenue, or US$3.4m). Market cap is less than US$100m (HK$189.6m market cap, or US$24.3m). Announcement • Aug 16
Central Wealth Group Holdings Limited to Report First Half, 2024 Results on Aug 28, 2024 Central Wealth Group Holdings Limited announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Jul 31
Central Wealth Group Holdings Limited Announces Resignation of Lo Siu Kit as Executive Director, Chairman of Board and Chairman of Executive Committee The board of directors of Central Wealth Group Holdings Limited announced that Mr. Lo Siu Kit has resigned as an executive director, the chairman of the Board and the chairman of the Executive Committee of the Company with effect from 31 July 2024 to put more time and efforts on his other business engagements. Recent Insider Transactions • Jul 31
Key Executive recently sold HK$1.5m worth of stock On the 25th of July, Xiaodong Chen sold around 109m shares on-market at roughly HK$0.014 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 Xiaodong's only on-market trade for the last 12 months. Board Change • Jul 29
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 Meifeng Li was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 22
Central Wealth Group Holdings Limited Announces Board and Committee Changes Central Wealth Group Holdings Limited announced that with effect from 22 July 2024, Mr. Kwok Chi Kwong ("Mr. Kwok") has tendered his resignation as an independent non-executive director of the Company to pursue his other business commitments. Upon his resignation, Mr. Kwok will cease to be the chairman of both the Audit Committee and Remuneration Committee, and a member of the Nomination Committee of the Company. The Board announced that Mr. Chan Ngai Fan ("Mr. Chan") has been appointed as an independent non-executive director of the Company, and the chairman of both the Audit Committee and Remuneration Committee, and a member of the Nomination Committee of the Company with effect from 22 July 2024. Mr. Chan Ngai Fan, aged 44, has over 15 years of experience in auditing, accounting and financial management. In the early stage of his career, Mr. Chan worked successively in JBPB & Company (formerly known as Grant Thornton and later merged with BDO Limited), with his last position as an assistant manager in assurance from August 2007 to February 2011. From March 2011 to April 2015, he served as the chief financial officer of a PRC-based mining company. Mr. Chan acted as the financial controller of KPa-BM Holdings Limited from May 2015 to April 2018. He acted as an independent non-executive director of Sino Vision Worldwide Holdings Limited (formerly DX.com Holdings Limited from August 2017 to September 2018. In addition, he acted as a non-executive director of Shenzhen Mingwah Aohan High Technology Corporation Limited from September 2016 to April 2018 and from January 2019 to March 2019. He also acted as an executive director and the chief financial officer of Shenzhen Mingwah Aohan High Technology Corporation Limited from April 2018 to January 2019. Afterwards, he acted as the company secretary of Sino Vision Worldwide Holdings Limited (formerly DX.com Holdings Limited from January 2019 to May 2019. In addition, he acted as an independent non- executive director of Sanxun Holdings Group Limited since September 2019 to September 2023 and an independent non-executive director of Contel Technology Company Limited (stock code: 1912) since March 2022 to June 2023. Currently, he act as an independent non-executive director of Persistence Resources Group Limited since November 2023. He also acted as an independent non-executive director of Capital Finance Holdings Limited since January 2022. He is also an independent non-executive Director of Leader Education Limited since July 2020. He also acted as the joint company secretary of Centenary United Holdings Limited since January 2019, the joint company secretary of China Bozza Development Holdings Limited since May 2022, the company secretary of Bison Finance Group Limited since August 2022 and the company secretary of Zhengwei Group Holdings Company Limited (stock code: 2147) since May 2022 for handling compliance related matters. Mr. Chan obtained a bachelor's degree in Arts in Accountancy and a master's degree in Corporate Governance from the Hong Kong Polytechnic University in December 2007 and October 2013, respectively. He is a member of the Hong Kong Institute of Certified Public Accountants (Practising), and an associate member of the Hong Kong Institute of Chartered Secretaries (now known as The Hong Kong Chartered Governance Institute) since February 2011 and November 2019, respectively. Announcement • Jun 19
Central Wealth Group Holdings Limited Announces Retirement of Directors Central Wealth Group Holdings Limited at its annual general meeting held on 18 June 2024, the resolutions regarding the re-election of Ms. Song Caini ("Ms. Song") and Mr. Chen Hongjin ("Mr. Chen") as executive directors of the Company were not passed at the AGM since there was not a majority of votes cast in favour of such resolutions. Accordingly, Ms. Song and Mr. Chen have retired as executive directors of the Company at the conclusion of the AGM. Announcement • May 16
Central Wealth Group Holdings Limited to Report Fiscal Year 2023 Final Results on May 27, 2024 Central Wealth Group Holdings Limited announced that they will report fiscal year 2023 final results on May 27, 2024 New Risk • May 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 38% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Significant insider selling over the past 3 months (HK$448k sold). Market cap is less than US$100m (HK$499.8m market cap, or US$64.0m). Announcement • May 01
Central Wealth Group Holdings Limited, Annual General Meeting, Jun 18, 2024 Central Wealth Group Holdings Limited, Annual General Meeting, Jun 18, 2024, at 09:30 China Standard Time. Location: Falcon Room I, Basement, Gloucester Luk Kwok Hong Kong 72 Gloucester Road Wanchai Hong Kong Agenda: To consider and receive the audited consolidated financial statements of the Company and the reports of the directors and auditors for the year ended 31 December 2023; to re-elect Ms. Song Caini as an executive director of the Company; to re-elect Mr. Chen Hongjin as an executive director of the Company; to re-elect Mr. Kwok Chi Kwong as an independent non-executive director of the Company; to authorize the board of directors of the Company to appoint additional directors as and when the board considers necessary and appropriate; to authorize the board of directors of the Company to fix the respective directors' remuneration; to re-appoint Moore CPA Limited as auditors of the Company and to authorize the board of directors of the Company to fix auditors' remuneration; and to transact other matters. Announcement • Apr 30
Central Wealth Group Holdings Limited Announces Board Changes The board of directors of Central Wealth Group Holdings Limited announced that Mr. Lo Siu Kit has been appointed as an executive Director, the Chairman of the Board and the chairman of Executive Committee of the Company with effect from 29 April 2024. Mr. Lo, aged 63, is an entrepreneur with years of experiences and expertise. Since 2017, Mr. Lo is the chairman of the board of Shandong Xinchao Energy Co., Ltd, a company established in the People's Republic of China and is listed on the Shanghai Stock Exchange, and is the chairman of the board of Wanfu Group Company Limited since 2005. Mr. Lo is also the chairman of risk committee of the board of Shanwei Rural Commercial Bank Co. Ltd. since 2013. Mr. Lo is a member of the National Committee of the Chinese People's Political Consultative Conference and is also a person appointed as Justices of Peace. He has extensive experience in business, financial industry and investments in a wide range of businesses in the PRC. Following the appointment of Mr. Lo as the Chairman of the Board, Mr. Chen Xiaodong, the existing Chairman of the Board and an executive Director, will be redesignated as the Vice-Chairman of the Board and remain as an executive Director, the chairman of the Nomination Committee and a member of the Executive Committee and the Remuneration Committee of the Company. Mr. Chen confirms that he has no disagreement with the Board and is not aware of any matters relating to his redesignation that need to be brought to the attention of the shareholders of the Company and/or the Stock Exchange. Reported Earnings • Mar 29
Full year 2023 earnings released: HK$0.008 loss per share (vs HK$0.007 loss in FY 2022) Full year 2023 results: HK$0.008 loss per share (further deteriorated from HK$0.007 loss in FY 2022). Net loss: HK$132.9m (loss widened 25% from FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Announcement • Mar 16
Central Wealth Group Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 27, 2024 Central Wealth Group Holdings Limited announced that they will report fiscal year 2023 final results on Mar 27, 2024 Reported Earnings • Aug 28
First half 2023 earnings released: HK$0.002 loss per share (vs HK$0.004 loss in 1H 2022) First half 2023 results: HK$0.002 loss per share (improved from HK$0.004 loss in 1H 2022). Revenue: HK$71.9m (down 59% from 1H 2022). Net loss: HK$29.5m (loss narrowed 49% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Aug 16
Central Wealth Group Holdings Limited to Report First Half, 2023 Results on Aug 25, 2023 Central Wealth Group Holdings Limited announced that they will report first half, 2023 results on Aug 25, 2023 Announcement • Jul 25
Central Wealth Group Holdings Limited Announces Resignation of Chen Jingxian as an Executive Director The board of directors of Central Wealth Group Holdings Limited announced that Ms. Chen Jingxian has resigned as an executive director and the vice chairman of the Company with effect from 24 July 2023 to focus on her other business engagements. Upon her resignation, Ms. Chen has ceased to be a member of the Executive Committee of the Company. Ms. Chen has confirmed that she has no disagreement with the Board and is not aware of any matters relating to her resignation that need to be brought to the attention of the shareholders of the Company. Reported Earnings • Mar 30
Full year 2022 earnings released: HK$0.007 loss per share (vs HK$0.023 loss in FY 2021) Full year 2022 results: HK$0.007 loss per share (improved from HK$0.023 loss in FY 2021). Revenue: HK$252.0m (up 19% from FY 2021). Net loss: HK$106.8m (loss narrowed 71% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Announcement • Dec 23
Central Wealth Group Holdings Limited Announces Change of Independent Non-Executive Director and Member of Board Committees The Board of Central Wealth Group Holdings Limited announces that with effect from 22 December 2022: (1) Mr. Liu Hongwei has tendered his resignation as an independent non-executive director and will cease to be a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company; and (2) Mr. Lin Guoyan has been appointed as an independent non-executive director of the Company, and a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company. The board of directors (the "Board") of Central Wealth Group Holdings Limited (the "Company") announces that with effect from 22 December 2022, Mr. Liu Hongwei ("Mr. Liu") has tendered his resignation as an independent non-executive director of the Company to pursue his other business commitments. Upon his resignation, Mr. Liu will cease to be a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company. Mr. Liu has confirmed that he has no disagreement with the Board and is not aware of any matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. The Board announced that Mr. Lin Guoyan (" Mr. Lin ") has been appointed as an independent non-executive director, and a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company with effect from 22 December 2022. Mr. Lin, aged 32, has been the investment director of Shantou Special Economic Zone Chongyao Real Estate Development Co. Ltd. since November 2015, and has extensive experience in marketing coordination and management as well as project planning. Mr. Lin has not held other directorships in the last three years in any other public companies the securities of which are listed on any securities market in Hong Kong or overseas. Pursuant to the letter of appointment issued by the Company, the initial term of office of Mr. Lin is one year commencing on 22 December 2022. He is also subject to retirement and re-election in accordance with the Company's Bye-laws. Mr. Lin is entitled to receive a fixed director's fee of HKD 60,000 per annum. Except for the Company's share option scheme, Mr. Lin is not eligible to participate in any bonus schemes or other benefits of the kind available to executive directors of the Company. The foregoing emolument of Mr. Lin is recommended by the Company's Remuneration Committee and approved by the Board with reference to his qualifications, experience and responsibilities with the Company. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Hongwei Liu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 29
First half 2022 earnings released: HK$0.004 loss per share (vs HK$0.009 loss in 1H 2021) First half 2022 results: HK$0.004 loss per share (up from HK$0.009 loss in 1H 2021). Revenue: HK$176.2m (up 60% from 1H 2021). Net loss: HK$57.3m (loss narrowed 59% from 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
First half 2022 earnings released: HK$0.004 loss per share (vs HK$0.009 loss in 1H 2021) First half 2022 results: HK$0.004 loss per share (up from HK$0.009 loss in 1H 2021). Revenue: HK$176.2m (up 60% from 1H 2021). Net loss: HK$57.3m (loss narrowed 59% from 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • Aug 17
Central Wealth Group Holdings Limited to Report First Half, 2022 Results on Aug 26, 2022 Central Wealth Group Holdings Limited announced that they will report first half, 2022 results on Aug 26, 2022 Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Hongwei Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Mar 28
Full year 2021 earnings released: HK$0.023 loss per share (vs HK$0.002 profit in FY 2020) Full year 2021 results: HK$0.023 loss per share (down from HK$0.002 profit in FY 2020). Revenue: HK$211.0m (down 66% from FY 2020). Net loss: HK$371.3m (down HK$399.0m from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. Board Change • Mar 01
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Hongwei Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Feb 22
Central Wealth Group Holdings Limited Announces Board Appointments Central Wealth Group Holdings Limited announced that with effect from 21 February 2022 Ms. Chen Jingxian has been appointed as the vice chairman of the Board, an executive director and a member of the Executive Committee of the Company; and Ms. Song Caini and Mr. Chen Hongjin have been appointed as executive directors and members of the Executive Committee of the Company. Reported Earnings • Mar 29
Full year 2020 earnings released: EPS HK$0.002 (vs HK$0.014 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$669.9m (down 29% from FY 2019). Net income: HK$27.8m (down 87% from FY 2019). Profit margin: 4.1% (down from 22% in FY 2019). 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 44% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Mar 25
Insider recently sold HK$28m worth of stock On the 22nd of March, Xiangru Chen sold around 1b shares on-market at roughly HK$0.02 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$39m more than they bought in the last 12 months. Announcement • Mar 17
Central Wealth Group Holdings Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 Central Wealth Group Holdings Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Announcement • Sep 21
Central Wealth Group Holdings Limited(SEHK:139) dropped from S&P Global BMI Index Central Wealth Group Holdings Limited(SEHK:139) dropped from S&P Global BMI Index Announcement • Aug 21
Central Wealth Group Holdings Limited to Report Q2, 2020 Results on Aug 28, 2020 Central Wealth Group Holdings Limited announced that they will report Q2, 2020 results on Aug 28, 2020 