Reported Earnings • Apr 28
Full year 2025 earnings released: CN¥0.004 loss per share (vs CN¥0.004 loss in FY 2024) Full year 2025 results: CN¥0.004 loss per share (in line with FY 2024). Revenue: CN¥219.8m (down 5.5% from FY 2024). Net loss: CN¥5.12m (loss widened 9.1% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 28
Full year 2025 earnings released: CN¥0.004 loss per share (vs CN¥0.004 loss in FY 2024) Full year 2025 results: CN¥0.004 loss per share (in line with FY 2024). Revenue: CN¥219.8m (down 5.5% from FY 2024). Net loss: CN¥5.12m (loss widened 9.1% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Mar 27
Xiangxing International Holding Limited, Annual General Meeting, Jun 25, 2026 Xiangxing International Holding Limited, Annual General Meeting, Jun 25, 2026, at 15:00 China Standard Time. New Risk • Mar 23
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 30% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Significant insider selling over the past 3 months (HK$37m sold). Market cap is less than US$100m (HK$308.5m market cap, or US$39.4m). Announcement • Mar 10
Xiangxing International Holding Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Xiangxing International Holding Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 New Risk • Oct 02
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 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$281.6m market cap, or US$36.2m). Reported Earnings • Aug 31
First half 2025 earnings released: EPS: CN¥0.005 (vs CN¥0.006 in 1H 2024) First half 2025 results: EPS: CN¥0.005 (down from CN¥0.006 in 1H 2024). Revenue: CN¥103.7m (down 14% from 1H 2024). Net income: CN¥7.00m (down 7.6% from 1H 2024). Profit margin: 6.8% (up from 6.3% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Aug 09
Xiangxing International Holding Limited to Report First Half, 2025 Results on Aug 28, 2025 Xiangxing International Holding Limited announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • Apr 15
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 16% 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 (16% average weekly change). Earnings have declined by 16% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$115.2m market cap, or US$14.9m). Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.004 loss per share (vs CN¥0.009 profit in FY 2023) Full year 2024 results: CN¥0.004 loss per share (down from CN¥0.009 profit in FY 2023). Revenue: CN¥232.7m (up 33% from FY 2023). Net loss: CN¥4.69m (down 143% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year. New Risk • Apr 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Risks Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$119.0m market cap, or US$15.3m). Announcement • Mar 31
Xiangxing International Holding Limited, Annual General Meeting, Jun 24, 2025 Xiangxing International Holding Limited, Annual General Meeting, Jun 24, 2025, at 15:00 China Standard Time. Announcement • Mar 20
Xiangxing International Holding Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Xiangxing International Holding Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Jan 09
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 Risks Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (HK$89.6m market cap, or US$11.5m). Announcement • Jan 02
Xiangxing International Holding Limited Announces Board and Committee Changes, with Effect from 1 January 2025 The board of directors of XiangXing International Holding Limited announced that Mr. Ho Kee Cheung (‘Mr. Ho’) will resign as an independent non-executive Director, the chairman of the nomination committee and a member of each of the audit committee and the remuneration committee of the Company with effect from 1 January 2025 as he would like to devote more time to his other business commitments. Mr. Ho has confirmed that he did not have any disagreement with the Board and there was no matter that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the ‘Stock Exchange’) and the shareholders of the Company in relation to his resignation. The Board also announced that Mr. Lin Guoquan (‘Mr. Lin’) will be appointed as an independent non-executive Director, the chairman of the nomination committee and a member of each of the audit committee and the remuneration committee of the Company with effect from 1 January 2025. Mr. Lin, aged 71, graduated from the Department of Chemistry and Chemical Engineering of Fuzhou University in 1982, majoring in chemical machinery, with a Bachelor's degree in Engineering. He furthered his studies and completed a postgraduate course in business management at the Graduate School of Xiamen University in 2001 and received a completion certificate. Mr. Lin has more than 30 years of experience in comprehensive enterprise management and operations, and more than ten years of experience in logistics and port operations. He is very familiar with corporate investment and port operations. From September 1998 to July 2013, Mr. Lin worked in Xiamen Xiangyu Group Co. Ltd., and successively served as the General Manager of the Investment Center and the Director of Xiamen Xiangyu Group Co. Ltd.; Vice General Manager of Xiamen Xiangyu Bonded Zone Port Development Co. Ltd. (a subsidiary of Xiamen Xiangyu Group Co. Ltd.); Director and Deputy General Manager of Xiamen Xiangyu New Creation Terminal Co. Ltd. (a subsidiary of Xiamen Xiangyu Group Co. Ltd., now merged into Xiamen Container Terminal Group Co. Ltd.); and Director of Xiamen Modern Terminal Co. Ltd. (a subsidiary of Xiamen Xiangyu Group Co. Ltd.). Recent Insider Transactions • Sep 04
Independent Non-Executive Director recently bought HK$129k worth of stock On the 30th of August, Kee Cheung Ho bought around 1m shares on-market at roughly HK$0.13 per share. This transaction amounted to 8.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$145k. Insiders have collectively bought HK$1.7m more in shares than they have sold in the last 12 months. Announcement • Aug 09
Xiangxing International Holding Limited to Report First Half, 2024 Results on Aug 28, 2024 Xiangxing International Holding Limited announced that they will report first half, 2024 results on Aug 28, 2024 Recent Insider Transactions • Aug 08
Independent Non-Executive Director recently bought HK$145k worth of stock On the 5th of August, Kee Cheung Ho bought around 1m shares on-market at roughly HK$0.13 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$280k. Insiders have collectively bought HK$1.5m more in shares than they have sold in the last 12 months. New Risk • Jun 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.7% 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 Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (HK$239.4m market cap, or US$30.7m). New Risk • Jun 28
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 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$224.4m market cap, or US$28.7m). Recent Insider Transactions • Jun 20
Independent Non-Executive Director recently sold HK$247k worth of stock On the 18th of June, Kee Cheung Ho sold around 1m shares on-market at roughly HK$0.20 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought HK$1.4m more than they sold in the last 12 months. Recent Insider Transactions • May 27
Independent Non-Executive Director recently bought HK$188k worth of stock On the 21st of May, Kee Cheung Ho bought around 1m shares on-market at roughly HK$0.14 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$580k. Insiders have collectively bought HK$1.6m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 17
Independent Non-Executive Director recently bought HK$280k worth of stock On the 14th of May, Kee Cheung Ho bought around 2m shares on-market at roughly HK$0.14 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$580k. Despite this recent purchase, insiders have collectively sold HK$478k more in shares than they bought in the last 12 months. Recent Insider Transactions • Apr 15
Independent Non-Executive Director recently bought HK$59k worth of stock On the 10th of April, Kee Cheung Ho bought around 400k shares on-market at roughly HK$0.15 per share. This transaction amounted to 10.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$580k. Despite this recent purchase, insiders have collectively sold HK$4.0m more in shares than they bought in the last 12 months. Recent Insider Transactions • Apr 05
Independent Non-Executive Director recently bought HK$580k worth of stock On the 3rd of April, Kee Cheung Ho bought around 4m shares on-market at roughly HK$0.14 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$4.1m more in shares than they bought in the last 12 months. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.009 (vs CN¥0.01 in FY 2022) Full year 2023 results: EPS: CN¥0.009. Revenue: CN¥175.6m (down 26% from FY 2022). Net income: CN¥10.9m (up 7.0% from FY 2022). Profit margin: 6.2% (up from 4.3% in FY 2022). The increase in margin was driven by lower expenses. Announcement • Mar 29
Xiangxing International Holding Limited, Annual General Meeting, Jun 20, 2024 Xiangxing International Holding Limited, Annual General Meeting, Jun 20, 2024, at 15:00 China Standard Time. Announcement • Mar 12
Xiangxing International Holding Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Xiangxing International Holding Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Mar 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (HK$178.8m market cap, or US$22.9m). Reported Earnings • Aug 27
First half 2023 earnings released: EPS: CN¥0.001 (vs CN¥0.007 in 1H 2022) First half 2023 results: EPS: CN¥0.001 (down from CN¥0.007 in 1H 2022). Revenue: CN¥77.4m (down 42% from 1H 2022). Net income: CN¥1.10m (down 84% from 1H 2022). Profit margin: 1.4% (down from 5.0% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Aug 09
Xiangxing International Holding Limited to Report First Half, 2023 Results on Aug 25, 2023 Xiangxing International Holding Limited announced that they will report first half, 2023 results on Aug 25, 2023 Buying Opportunity • Jun 15
Now 22% undervalued Over the last 90 days, the stock is up 124%. The fair value is estimated to be HK$0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 16%. New Risk • Jun 14
New major 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 13% 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 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Significant insider selling over the past 3 months (HK$4.7m sold). Announcement • Jun 01
XiangXing International Holding Limited Announces Executive Changes The board of directors of XiangXing International Holding Limited announced that Ms. Wong Tuen Sau has resigned as the company secretary of the Company; an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; and the authorised representative of the Company for accepting service of process and notices on the Company's behalf in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the Process Agent), in each case, with effect from 31 May 2023. Following the resignation of Ms. Wong, the Board also announced that Mr. Yuen Chi Wai has been appointed as the Company Secretary, an Authorised Representative and the Process Agent, in each case, with effect from 31 May 2023. Mr. Yuen, FCPA, aged 47, obtained his bachelor of commerce in accounting and finance degree from The University of New South Wales in April 1998. He was admitted as a fellow of the Hong Kong Institute of Certified Public Accountants in March 2013 and a fellow of CPA Australia in July 2014. Mr. Yuen is experienced in auditing, corporate internal control, as well as financial and risk management. Mr. Yuen was an independent non-executive director of Central China Securities Co. Ltd. from June 2014 to June 2021. Mr. Yuen has been the joint company secretary of Zhixin Group Holding Limited since May 2019. Mr. Yuen has also been the company secretary of Sino-Entertainment Technology Holdings Limited since July 2021. Mr. Yuen has been the Managing Director of Venture Executive Services Limited since August 2014, which is principally engaged in provision of company secretarial and other corporate services to various listed and unlisted companies. Recent Insider Transactions • May 12
Independent Non-Executive Director recently sold HK$1.3m worth of stock On the 10th of May, Kee Cheung Ho sold around 3m shares on-market at roughly HK$0.43 per share. This transaction amounted to 33% 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$1.7m more than they bought in the last 12 months. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.011 in FY 2021) Full year 2022 results: EPS: CN¥0.01 (down from CN¥0.011 in FY 2021). Revenue: CN¥237.3m (down 18% from FY 2021). Net income: CN¥10.2m (down 4.1% from FY 2021). Profit margin: 4.3% (up from 3.7% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Board Change • Apr 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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Zhao Li was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
First half 2022 earnings released: EPS: CN¥0.007 (vs CN¥0.013 in 1H 2021) First half 2022 results: EPS: CN¥0.007 (down from CN¥0.013 in 1H 2021). Revenue: CN¥132.2m (down 2.4% from 1H 2021). Net income: CN¥6.64m (down 50% from 1H 2021). Profit margin: 5.0% (down from 9.7% in 1H 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year and the company’s share price has also fallen by 23% per year. Announcement • Jul 28
Xiangxing International Holding Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Xiangxing International Holding Limited provides earnings guidance for the six months ended 30 June 2022. It is expected that the Group will record a decrease of approximately 50% in the Group's net profit for the Relevant Period as compared with the net profit of approximately RMB 13.2 million for the six months ended 30 June 2021. Such decrease was mainly attributable to: (1) decrease in revenue from the Group's building materials supply chain operation business in Chengdu City of the People's Republic of China during the Relevant Period as a result of the suspension of trading with those customers from which long outstanding trade receivables are due to the Group; and (2) increase in staff costs of the Group's intra-port related business. Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: CN¥0.011 (vs CN¥0.014 in FY 2020) Full year 2021 results: EPS: CN¥0.011 (down from CN¥0.014 in FY 2020). Revenue: CN¥288.7m (up 46% from FY 2020). Net income: CN¥10.7m (down 26% from FY 2020). Profit margin: 3.7% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 19% per year. Reported Earnings • Aug 31
First half 2021 earnings released: EPS CN¥0.013 (vs CN¥0.006 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CN¥135.4m (up 98% from 1H 2020). Net income: CN¥13.2m (up 124% from 1H 2020). Profit margin: 9.7% (up from 8.6% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% 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. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.014 (vs CN¥0.012 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥197.8m (up 12% from FY 2019). Net income: CN¥14.4m (up 25% from FY 2019). Profit margin: 7.3% (up from 6.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Announcement • Mar 06
Xiangxing International Holding Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 Xiangxing International Holding Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Recent Insider Transactions • Jan 16
Independent Non-Executive Director recently bought HK$63k worth of stock On the 14th of January, Kee Cheung Ho bought around 540k shares on-market at roughly HK$0.12 per share. In the last 3 months, they made an even bigger purchase worth HK$118k. Insiders have collectively bought HK$1.1m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 07
Independent Non-Executive Director recently bought HK$118k worth of stock On the 5th of January, Kee Cheung Ho bought around 1m shares on-market at roughly HK$0.12 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$1.0m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 25
Independent Non-Executive Director recently bought HK$58k worth of stock On the 22nd of December, Kee Cheung Ho bought around 500k shares on-market at roughly HK$0.12 per share. In the last 3 months, they made an even bigger purchase worth HK$242k. Insiders have collectively bought HK$892k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Oct 07
Independent Non-Executive Director recently bought HK$242k worth of stock On the 5th of October, Kee Cheung Ho bought around 2m shares on-market at roughly HK$0.12 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$799k more in shares than they have sold in the last 12 months. Announcement • Aug 12
Xiangxing International Holding Limited to Report First Half, 2020 Results on Aug 25, 2020 Xiangxing International Holding Limited announced that they will report first half, 2020 results on Aug 25, 2020 
