Reported Earnings • Mar 05
First half 2026 earnings released: EPS: HK$0.044 (vs HK$0.038 in 1H 2025) First half 2026 results: EPS: HK$0.044 (up from HK$0.038 in 1H 2025). Revenue: HK$64.3m (up 4.8% from 1H 2025). Net income: HK$51.9m (up 19% from 1H 2025). Profit margin: 81% (up from 71% in 1H 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$1.88, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 17x in the Hospitality industry in Hong Kong. Total loss to shareholders of 14% over the past three years. Announcement • Jan 23
Sino Hotels (Holdings) Limited to Report First Half, 2026 Results on Feb 27, 2026 Sino Hotels (Holdings) Limited announced that they will report first half, 2026 results on Feb 27, 2026 Announcement • Oct 22
Sino Hotels (Holdings) Limited Approves Final Dividend on Ordinary Share Sino Hotels (Holdings) Limited at its AGM, held on 22 October, 2025, approved to declare a final dividend of HKD 0.015 per ordinary share with an option for scrip dividend. Upcoming Dividend • Oct 17
Upcoming dividend of HK$0.015 per share Eligible shareholders must have bought the stock before 24 October 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Lower than top quartile of Hong Kong dividend payers (6.7%). Lower than average of industry peers (3.8%). Reported Earnings • Sep 28
Full year 2025 earnings released: EPS: HK$0.089 (vs HK$0.056 in FY 2024) Full year 2025 results: EPS: HK$0.089 (up from HK$0.056 in FY 2024). Revenue: HK$123.1m (down 7.9% from FY 2024). Net income: HK$103.4m (up 61% from FY 2024). Profit margin: 84% (up from 48% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Declared Dividend • Aug 29
Final dividend of HK$0.015 announced Dividend of HK$0.015 is the same as last year. Ex-date: 24th October 2025 Payment date: 3rd December 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 60% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 28
Full year 2025 earnings released: EPS: HK$0.089 (vs HK$0.056 in FY 2024) Full year 2025 results: EPS: HK$0.089 (up from HK$0.056 in FY 2024). Revenue: HK$123.1m (down 7.9% from FY 2024). Net income: HK$103.4m (up 61% from FY 2024). Profit margin: 84% (up from 48% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Aug 27
Sino Hotels (Holdings) Limited, Annual General Meeting, Oct 22, 2025 Sino Hotels (Holdings) Limited, Annual General Meeting, Oct 22, 2025. Board Change • Aug 01
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 Rock Chen was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 28
Sino Hotels (Holdings) Limited to Report Fiscal Year 2025 Results on Aug 27, 2025 Sino Hotels (Holdings) Limited announced that they will report fiscal year 2025 results on Aug 27, 2025 Announcement • Jun 20
Sino Hotels (Holdings) Limited Announces Executive and Committee Changes, Effective July 1, 2025 Sino Hotels (Holdings) Limited announced that Mr. Steven Ong Kay Eng will retire from his positions as an Independent Non-Executive Director, the Chairman of the Audit Committee and the Remuneration Committee and a member of the Nomination Committee of the Company with effect from 1st July, 2025 as he wishes to spend more time with his family. The Board announced that The Honourable Rock Chen Chung-nin will be appointed as
an Independent Non-Executive Director, the Chairman of the Audit Committee and the Remuneration Committee and a member of the Nomination Committee of the Company with effect from 1st July, 2025. Mr. Chen will also be appointed as an Independent Non-Executive Director of both Sino Land Company Limited and Tsim Sha Tsui Properties Limited with effect from 1st July, 2025. The Honourable Rock Chen Chung-nin, NPC Deputy, SBS, BBS, JP, aged 58, is a Founding Partner of Acuity Capital Partner (HK) Limited. He has over 30 years of experience in the financial industry and has been licensed as a Responsible Officer by the Hong Kong Securities and Futures Commission for over 15 years. He is currently a Member of the Legislative Council representing the Election Committee Constituency, the Chairman of the Hong Kong Council for Accreditation of Academic and Vocational Qualifications, a Member of the Council of The University of Hong Kong, a Board Member of The Hong Kong Airport Authority, an Independent Non-Executive Director of The Bank of East Asia (China) Limited, an Independent Non-Executive Director of Chu Kong Shipping Enterprises (Group) Company Limited which is listed on the main board of The Stock Exchange of Hong Kong Limited, and a Deputy to the 14th National People's Congress of the People's Republic of China. He was a Member of the 12th and 13th National Committees of the Chinese People's Political Consultative Conference. Mr. Chen holds a Bachelor's Degree in Economics from the Wharton School, the University of Pennsylvania, and a
Master's Degree in Business Administration from J.L. Kellogg Graduate School of Management, Northwestern University. The Board announced that Mr. Wong Cho Bau, an Independent Non-Executive Director of the Company, and Ms. Nikki Ng Mien Hua, a Non-Executive Director of the Company, will be appointed as members of the Nomination Committee of the Company with effect from 1st July, 2025. Board Change • Apr 07
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Wai Man Hung 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. Insufficient board refreshment. Reported Earnings • Mar 19
First half 2025 earnings released: EPS: HK$0.038 (vs HK$0.025 in 1H 2024) First half 2025 results: EPS: HK$0.038 (up from HK$0.025 in 1H 2024). Revenue: HK$61.3m (down 6.7% from 1H 2024). Net income: HK$43.5m (up 51% from 1H 2024). Profit margin: 71% (up from 44% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Declared Dividend • Feb 28
First half dividend of HK$0.015 announced Dividend of HK$0.015 is the same as last year. Ex-date: 11th March 2025 Payment date: 23rd April 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but not covered by cash flows (202% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 76% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.5% EPS decline seen over the last 5 years. Announcement • Jan 22
Sino Hotels (Holdings) Limited to Report First Half, 2025 Results on Feb 26, 2025 Sino Hotels (Holdings) Limited announced that they will report first half, 2025 results on Feb 26, 2025 Board Change • Nov 28
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Wai Man Hung 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. Insufficient board refreshment. Announcement • Oct 23
Sino Hotels (Holdings) Limited Approves A Final Dividend Sino Hotels (Holdings) Limited at its AGM held on 23rd October, 2024 approved a final dividend of HKD 0.015 per ordinary share with an option for scrip dividend. Upcoming Dividend • Oct 18
Upcoming dividend of HK$0.015 per share Eligible shareholders must have bought the stock before 25 October 2024. Payment date: 03 December 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Hong Kong dividend payers (8.0%). Lower than average of industry peers (3.4%). Reported Earnings • Sep 30
Full year 2024 earnings released: EPS: HK$0.056 (vs HK$0.017 loss in FY 2023) Full year 2024 results: EPS: HK$0.056 (up from HK$0.017 loss in FY 2023). Revenue: HK$133.7m (down 2.0% from FY 2023). Net income: HK$64.3m (up HK$83.8m from FY 2023). Profit margin: 48% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Full year 2024 earnings released: EPS: HK$0.056 (vs HK$0.017 loss in FY 2023) Full year 2024 results: EPS: HK$0.056 (up from HK$0.017 loss in FY 2023). Revenue: HK$133.7m (down 2.0% from FY 2023). Net income: HK$64.3m (up HK$83.8m from FY 2023). Profit margin: 48% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Jul 26
Sino Hotels (Holdings) Limited to Report Q1, 2025 Results on Aug 27, 2024 Sino Hotels (Holdings) Limited announced that they will report Q1, 2025 results on Aug 27, 2024 Announcement • Mar 29
Sino Hotels (Holdings) Limited Announces the Retirement of Thomas Tang Wing Yung as Group Chief Financial Officer, Effective on April 1, 2024 Sino Hotels (Holdings) Limited announced that Mr. Thomas Tang Wing Yung will retire from his positions of Group Chief Financial Officer of the Company with effect from 1st April, 2024. Announcement • Mar 28
Sino Hotels (Holdings) Limited Announces Retirement of Mr. Thomas Tang Wing Yung as Executive Director, Effective on April 1, 2024 The board of directors of Sino Hotels (Holdings) Limited announced that Mr. Thomas Tang Wing Yung (Mr. Tang) will retire from his positions of Executive Director of the Company with effect from 1st April, 2024. Upcoming Dividend • Feb 28
Upcoming dividend of HK$0.015 per share Eligible shareholders must have bought the stock before 06 March 2024. Payment date: 18 April 2024. Trailing yield: 1.7%. Lower than top quartile of Hong Kong dividend payers (8.3%). Lower than average of industry peers (1.9%). Reported Earnings • Feb 27
First half 2024 earnings released: EPS: HK$0.025 (vs HK$0.045 loss in 1H 2023) First half 2024 results: EPS: HK$0.025 (up from HK$0.045 loss in 1H 2023). Revenue: HK$65.8m (down 3.7% from 1H 2023). Net income: HK$28.8m (up HK$80.3m from 1H 2023). Profit margin: 44% (up from net loss in 1H 2023). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Feb 23
Sino Hotels (Holdings) Limited Announces Interim Dividend for the Six Months Ended 31 December 2023, Payable on 18 April 2024 Sino Hotels (Holdings) Limited announced Interim Dividend of HKD 0.015 per share for the six months ended 31 December 2023. Ex-dividend date 06 March 2024, Record date 12 March 2024 and Payment date 18 April 2024. Announcement • Jan 20
Sino Hotels (Holdings) Limited to Report First Half, 2024 Results on Feb 22, 2024 Sino Hotels (Holdings) Limited announced that they will report first half, 2024 results on Feb 22, 2024 Reported Earnings • Oct 02
Full year 2023 earnings released: HK$0.017 loss per share (vs HK$0.081 loss in FY 2022) Full year 2023 results: HK$0.017 loss per share (improved from HK$0.081 loss in FY 2022). Revenue: HK$136.4m (up 5.9% from FY 2022). Net loss: HK$19.5m (loss narrowed 79% from FY 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Full year 2023 earnings released: HK$0.017 loss per share (vs HK$0.081 loss in FY 2022) Full year 2023 results: HK$0.017 loss per share (improved from HK$0.081 loss in FY 2022). Revenue: HK$136.4m (up 5.9% from FY 2022). Net loss: HK$19.5m (loss narrowed 79% from FY 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Aug 30
Sino Hotels (Holdings) Limited, Annual General Meeting, Oct 25, 2023 Sino Hotels (Holdings) Limited, Annual General Meeting, Oct 25, 2023. Announcement • Aug 15
Sino Hotels (Holdings) Limited to Report Fiscal Year 2023 Results on Aug 29, 2023 Sino Hotels (Holdings) Limited announced that they will report fiscal year 2023 results on Aug 29, 2023 Announcement • Aug 11
Tsim Sha Tsui Properties Limited, Sino Land Company Limited and Sino Hotels (Holdings) Limited Appoint Nikki Ng Mien Hua as a Non-Executive Director The board of directors of Tsim Sha Tsui Properties Limited announced that Ms. Nikki Ng Mien Hua has been appointed as a Non-Executive Director of the Company with effect from 10 August, 2023. Ms. Ng has also been appointed as a Non-Executive Director of both Sino Land Company Limited and Sino Hotels (Holdings) Limited on 10 August, 2023. Ms. Nikki Ng Mien Hua, aged 43, holds a Bachelor of Arts degree from Yale University and a Master of Arts degree from the School of Oriental and African Studies, the University College of London. She joined the Group in 2002 and had previously been the Group General Manager participating in managing the leasing operations and hotels of the Group. She is a member of the Environmental, Social and Governance Steering Committee of the Company and a director of certain subsidiaries and associates of the Company. She is a member of the 12th, 13th and 14th Shanghai Committee of the Chinese People's Political Consultative Conference. She is a member of the General Committee and the Chairman of the Retail & Tourism Committee of the Hong Kong General Chamber of Commerce. She is a non-official member of The Commission on Poverty and a member of its Community Care Fund Task Force and Social Innovation and Entrepreneurship Development Fund Task Force. She is also a member of The Hospital Governing Committee, the Finance Sub-Committee and the Hospital Governing Committee Task Group on Enhancing Patient-Centric Services of Queen Elizabeth Hospital. She also serves as a trustee member of Ocean Park Conservation Foundation, Hong Kong and The Society for Panda Conservation. Ms. Ng is a daughter of the Chairman of the Group Mr. Robert Ng Chee Siong and a sister of the Deputy Chairman of the Group Mr. Daryl Ng Win Kong, and a granddaughter of the late substantial shareholder of the Company Mr. Ng Teng Fong. Reported Earnings • Feb 22
First half 2023 earnings released: HK$0.045 loss per share (vs HK$0.049 loss in 1H 2022) First half 2023 results: HK$0.045 loss per share (improved from HK$0.049 loss in 1H 2022). Revenue: HK$68.3m (up 9.5% from 1H 2022). Net loss: HK$51.5m (loss narrowed 7.3% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Feb 08
Sino Hotels (Holdings) Limited to Report First Half, 2023 Results on Feb 21, 2023 Sino Hotels (Holdings) Limited announced that they will report first half, 2023 results on Feb 21, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Wai Man Hung 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. Insufficient board refreshment. Announcement • Aug 26
Sino Hotels (Holdings) Limited, Annual General Meeting, Oct 26, 2022 Sino Hotels (Holdings) Limited, Annual General Meeting, Oct 26, 2022. Agenda: Annual General Meeting. Reported Earnings • Aug 26
Full year 2022 earnings released: HK$0.081 loss per share (vs HK$0.083 loss in FY 2021) Full year 2022 results: HK$0.081 loss per share (up from HK$0.083 loss in FY 2021). Revenue: HK$128.8m (up 15% from FY 2021). Net loss: HK$92.4m (loss narrowed 3.1% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Announcement • Aug 16
Sino Hotels (Holdings) Limited to Report Fiscal Year 2022 Results on Aug 25, 2022 Sino Hotels (Holdings) Limited announced that they will report fiscal year 2022 results on Aug 25, 2022 Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Wai Man Hung 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. Insufficient board refreshment. Reported Earnings • Feb 21
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: HK$0.049 loss per share (down from HK$0.04 loss in 1H 2021). Revenue: HK$62.3m (up 19% from 1H 2021). Net loss: HK$55.5m (loss widened 22% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Announcement • Feb 08
Sino Hotels (Holdings) Limited to Report First Half, 2022 Results on Feb 17, 2022 Sino Hotels (Holdings) Limited announced that they will report first half, 2022 results on Feb 17, 2022 Reported Earnings • Sep 26
Full year 2021 earnings released: HK$0.083 loss per share (vs HK$0.067 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: HK$112.4m (down 30% from FY 2020). Net loss: HK$95.3m (loss widened 25% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 27
Full year 2021 earnings released: HK$0.083 loss per share (vs HK$0.067 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: HK$112.4m (down 30% from FY 2020). Net loss: HK$95.3m (loss widened 25% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 18
First half 2021 earnings released: HK$0.04 loss per share (vs HK$0.006 profit in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: HK$52.4m (down 52% from 1H 2020). Net loss: HK$45.5m (down HK$51.9m from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Mar 17
Sino Hotels (Holdings) Limited Recommends No Interim Dividend for the Six Months Ended December 31, 2020 Sino Hotels (Holdings) Limited announced that the directors of the company have resolved not to declare an interim dividend for the six months ended December 31, 2020 (six months ended 31st December, 2019: HK1 cent per share amounting to HKD 11,385,031). Reported Earnings • Mar 02
First half 2021 earnings released: HK$0.04 loss per share (vs HK$0.006 profit in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: HK$52.4m (down 52% from 1H 2020). Net loss: HK$45.5m (down HK$51.9m from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Feb 12
Sino Hotels (Holdings) Limited to Report First Half, 2021 Results on Feb 25, 2021 Sino Hotels (Holdings) Limited announced that they will report first half, 2021 results on Feb 25, 2021 Is New 90 Day High Low • Dec 31
New 90-day high: HK$2.66 The company is up 13% from its price of HK$2.35 on 30 September 2020. The Hong Kong market is also up 13% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Hospitality industry, which is up 11% over the same period. Is New 90 Day High Low • Nov 10
New 90-day high: HK$2.50 The company is up 4.0% from its price of HK$2.40 on 12 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 5.0% over the same period. Reported Earnings • Sep 23
Full year earnings released - HK$0.067 loss per share Over the last 12 months the company has reported total losses of HK$76.4m, with earnings decreasing by HK$272.2m from the prior year. Total revenue was HK$160.7m over the last 12 months, down 50% from the prior year. Announcement • Aug 28
Sino Hotels (Holdings) Limited Does Not Recommend Final Dividend for the Financial Year 2019/2020 Sino Hotels (Holdings) Limited announced that board recommends no final dividend for the Financial Year 2019/2020 (2018/2019: HK 5 cents per share). Announcement • Aug 18
Sino Hotels (Holdings) Limited to Report Fiscal Year 2020 Results on Aug 26, 2020 Sino Hotels (Holdings) Limited announced that they will report fiscal year 2020 results on Aug 26, 2020 
