Board Change • Apr 20
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 Kwok Leung Man 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. Reported Earnings • Feb 28
First half 2026 earnings released: HK$0.90 loss per share (vs HK$0.005 loss in 1H 2025) First half 2026 results: HK$0.90 loss per share. Revenue: HK$29.9m (down 9.2% from 1H 2025). Net loss: HK$4.97m (loss narrowed 31% from 1H 2025). Announcement • Feb 11
Green Energy Group Limited to Report First Half, 2026 Results on Feb 26, 2026 Green Energy Group Limited announced that they will report first half, 2026 results on Feb 26, 2026 New Risk • Nov 10
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 15% 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 Less than 1 year of cash runway based on free cash flow trend (-HK$10m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Market cap is less than US$100m (HK$337.7m market cap, or US$43.4m). Announcement • Oct 30
Green Energy Group Limited, Annual General Meeting, Dec 02, 2025 Green Energy Group Limited, Annual General Meeting, Dec 02, 2025, at 14:00 China Standard Time. Location: joint professional centre, unit 6 g/f, the center, 99 queens road central, central, Hong Kong Reported Earnings • Sep 30
Full year 2025 earnings released: HK$0.012 loss per share (vs HK$0.011 loss in FY 2024) Full year 2025 results: HK$0.012 loss per share (further deteriorated from HK$0.011 loss in FY 2024). Revenue: HK$68.9m (down 3.0% from FY 2024). Net loss: HK$16.0m (loss widened 12% from FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 17
Green Energy Group Limited to Report Fiscal Year 2025 Results on Sep 29, 2025 Green Energy Group Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on Sep 29, 2025 Reported Earnings • Mar 28
First half 2025 earnings released: HK$0.005 loss per share (vs HK$0.004 loss in 1H 2024) First half 2025 results: HK$0.005 loss per share (further deteriorated from HK$0.004 loss in 1H 2024). Revenue: HK$32.9m (down 15% from 1H 2024). Net loss: HK$7.22m (loss widened 58% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Feb 14
Green Energy Group Limited to Report First Half, 2025 Results on Feb 27, 2025 Green Energy Group Limited announced that they will report first half, 2025 results on Feb 27, 2025 New Risk • Nov 27
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 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 Less than 1 year of cash runway based on free cash flow trend (-HK$23m free cash flow). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$386.5m market cap, or US$49.7m). Announcement • Nov 19
An undisclosed buyer acquired Noble Ample Limited from Green Energy Group Limited (SEHK:979). An undisclosed buyer acquired Noble Ample Limited from Green Energy Group Limited (SEHK:979) on November 18, 2024. Noble Ample Limited has been sold to a third party independent of Green Energy Group Limited and its connected persons.
An undisclosed buyer completed the acquisition of Noble Ample Limited from Green Energy Group Limited (SEHK:979) on November 18, 2024. Reported Earnings • Oct 27
Full year 2024 earnings released: HK$0.011 loss per share (vs HK$0.005 loss in FY 2023) Full year 2024 results: HK$0.011 loss per share (further deteriorated from HK$0.005 loss in FY 2023). Revenue: HK$71.0m (down 11% from FY 2023). Net loss: HK$14.3m (loss widened 133% from FY 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Oct 24
Green Energy Group Limited, Annual General Meeting, Dec 06, 2024 Green Energy Group Limited, Annual General Meeting, Dec 06, 2024, at 14:30 China Standard Time. Location: joint professional centre, unit 6, g/f, the center, 99 queen`s road central, central, Hong Kong Reported Earnings • Sep 28
Full year 2024 earnings released: HK$0.011 loss per share (vs HK$0.005 loss in FY 2023) Full year 2024 results: HK$0.011 loss per share (further deteriorated from HK$0.005 loss in FY 2023). Revenue: HK$71.0m (down 11% from FY 2023). Net loss: HK$14.3m (loss widened 133% from FY 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Sep 13
Green Energy Group Limited to Report Fiscal Year 2024 Results on Sep 27, 2024 Green Energy Group Limited announced that they will report fiscal year 2024 results on Sep 27, 2024 Announcement • Sep 11
Green Energy Group Limited Provides Consolidated Earning Guidance for the Year Ended 30 June 2024 Green Energy Group Limited provided consolidated earning guidance for the year ended 30 June 2024. The board of directors of the Company announced that the shareholders of the Company (the "Shareholders") and potential investors that, based on the information currently available to the Company and the preliminary results of the unaudited consolidated management accounts of the Group for the year ended 30 June 2024, the Group is expected to record a loss attributable to owners of the Company for the year ended 30 June 2024 within the range of approximately HKD 12 million to HKD 16 million as compared to that for the year ended 30 June 2023 of approximately HKD 9.0 million. The Board considered that the increase in loss was mainly attributable to the reduction in net profit of the renewable energy business segment due to the decrease in revenue under weaker demand of used cooking oil as well as the surge in shipping cost. New Risk • Apr 11
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 15% 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 Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (HK$325.5m market cap, or US$41.5m). Reported Earnings • Mar 01
First half 2024 earnings released: HK$0.004 loss per share (vs HK$0.008 loss in 1H 2023) First half 2024 results: HK$0.004 loss per share (improved from HK$0.008 loss in 1H 2023). Revenue: HK$38.6m (down 16% from 1H 2023). Net loss: HK$4.57m (loss narrowed 52% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Feb 16
Green Energy Group Limited to Report First Half, 2024 Results on Feb 28, 2024 Green Energy Group Limited announced that they will report first half, 2024 results on Feb 28, 2024 New Risk • Nov 26
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 Less than 1 year of cash runway based on free cash flow trend (-HK$16m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 12% 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$244.1m market cap, or US$31.3m). Reported Earnings • Oct 27
Full year 2023 earnings released: HK$0.005 loss per share (vs HK$0.02 loss in FY 2022) Full year 2023 results: HK$0.005 loss per share (improved from HK$0.02 loss in FY 2022). Revenue: HK$80.0m (down 82% from FY 2022). Net loss: HK$6.14m (loss narrowed 73% from FY 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Oct 26
Green Energy Group Limited, Annual General Meeting, Nov 28, 2023 Green Energy Group Limited, Annual General Meeting, Nov 28, 2023, at 14:30 China Standard Time. Location: Joint Professional Centre, Unit 6, G/F, The Center, 99 Queen's Road Central Central Hong Kong Agenda: To consider the audited financial statements and the reports of the directors and auditors of the Company for the year ended 30 June 2023; to consider and re-elect the retiring Directors; to consider and re-appoint Mazars CPA Limited as the Auditors and to authorize the Board to fix their remuneration; to grant a general and unconditional mandate to the directors of the Company to allot, issue or otherwise deal with additional shares of the Company; to grant a general mandate to the directors of the Company to repurchase the shares the Company; and to consider other business matters. Reported Earnings • Sep 29
Full year 2023 earnings released: HK$0.005 loss per share (vs HK$0.024 loss in FY 2022) Full year 2023 results: HK$0.005 loss per share (improved from HK$0.024 loss in FY 2022). Revenue: HK$80.0m (down 82% from FY 2022). Net loss: HK$6.14m (loss narrowed 78% from FY 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Aug 10
Green Energy Group Limited Appoints Jiang Zhihua as an Independent Non-Executive Director and Member of Audit Committee, Nomination Committee and Remuneration Committee The board of directors of Green Energy Group Limited announced that Ms. Jiang Zhihua (Ms. Jiang) has been appointed as an independent non-executive director and a member of each of the company's audit committee (Audit Committee), nomination committee (Nomination Committee) and remuneration committee (Remuneration Committee) with effect from 9 August 2023. Ms. Jiang, aged 52, obtained a Bachelor of Engineering degree and a Master of Applied Science degree from the Tsinghua University and the University of Toronto in 1993 and 1999, respectively. She has over twenty years of extensive experience in project and team management and in-depth knowledge of different types of businesses, including manufacturing, supply chain, retail and e-commerce. Ms. Jiang worked as a software engineer at Triversity Inc. in Canada from May 2001 to March 2004. She worked as a contract system analyst at MTR Corporation Limited, from March 2004 to April 2006, where she participated in various system development works and supervised a team of analysts/programmers in Zhuhai, the People's Republic of China (PRC). During August 2009 to February 2020, Ms. Jiang worked as a senior system manager at Sa Sa Cosmetics Ltd, where she was responsible for leading a team to provide system implementation, enhancement and remote service management for the company's operations in Taiwan, the PRC, Singapore and Malaysia. Announcement • Jul 14
Green Energy Group Limited Announces Appointment of Man Kwok Leung as Independent Non-Executive Director and Change of Composition of Audit Committee and Remuneration Committee The board (Board) of directors of Green Energy Group Limited announced that Mr. Man Kwok Leung ("Mr. Man") has been appointed as an independent non-executive Director and a member of each of the audit committee of the Company ("Audit Committee") and the remuneration committee of the Company ("Remuneration Committee") with effect from 13 July 2023. Mr. Man, aged 48, obtained a Bachelor of Business Administration degree from the Chinese University of Hong Kong in 1997. He is a member of each of the Hong Kong Institute of Certified Public Accountants, the Hong Kong Chartered Governance Institute and the Chartered Governance Institute, and a fellow member of each of the Association of Chartered Certified Accountants and the Taxation Institute of Hong Kong. Mr. Man is also a Certified Public Accountant (Practising) registered with the Accounting and Financial Reporting Council and a Certified Financial Risk Manager admitted by the Global Association of Risk Professionals. Mr. Man has over twenty years of financial and compliance experiences in relation to listed companies in Hong Kong, large state-owned enterprise and multinational companies. He gained extensive audit experience from PricewaterhouseCoopers (Arthur Andersen before its merger with PricewaterhouseCoopers) from 1997 to 2003. Mr. Man was the financial controller and the company secretary of Universal Technologies Holdings Limited (a company whose shares were listed on GEM of The Stock Exchange of Hong Kong Limited ("Stock Exchange") from 26 October 2001 to 21 June 2010 (stock code: 8091) before they were listed on the Main Board of the Stock Exchange with effect from 22 June 2010 (stock code: 1026)) from 2003 to 2004, the financial controller and the head of the investor relations department of China Foods Limited (a company whose shares are listed on the Main Board of the Stock Exchange (stock code: 506)) from 2004 to 2018, and the vice president - finance and business development and the company secretary of O-Net Technologies (Group) Limited (a company whose shares were listed on the Main Board of the Stock Exchange until they were withdrawn from listing on 19 October 2020 (stock code: 877)) from 2018 to 2019. Pursuant to the letter of appointment made between Mr. Man and the Company, Mr. Man has been appointed as an independent non-executive Director for a term of two years with effect from 13 July 2023 to 12 July 2025, unless terminated by no less than one month's notice in writing served by either party on the other, and will be subject to retirement by rotation and re-election and other related provisions as stipulated in the bye-laws of the Company and the Listing Rules. Pursuant to his letter of appointment, Mr. Man will be entitled to a monthly emolument of HKD 20,000, which was determined with reference to his background, experience, qualifications, duties and responsibilities with the Group and the prevailing market conditions. Announcement • Jul 07
Green Energy Group Limited Announces Demises of Sze Cheung Pang an Independent Non-Executive Director, and A Member of Each of the Company's Audit Committee, Nomination Committee and Remuneration Committee Green Energy Group Limited announce that Mr. Sze Cheung Pang ("Mr. Sze"), an independent non-executive Director, and a member of each of the Company's audit committee (" Audit Committee"), nomination committee ("Nomination Committee") and remuneration committee ("Remuneration Committee"), passed away on 4 July 2023. The late Mr. Sze had served as an independent non-executive Director since 2018 and had made invaluable contributions to the Company during his tenure of office. On behalf of the Company, the Board would like to express its appreciation to the late Mr. Sze for his contributions to the Company and convey its sincere condolences to his family. Announcement • Jun 10
Chau Tat Kong, Lau Ka Ki, Lam Kin Wing, Chan Shuk Yin and Leung Yiu Ming David acquired 60% stake in Health Plus Medical Group Limited from Green Energy Group Limited (SEHK:979). Chau Tat Kong, Lau Ka Ki, Lam Kin Wing, Chan Shuk Yin and Leung Yiu Ming David acquired 60% stake in Health Plus Medical Group Limited from Green Energy Group Limited (SEHK:979) on June 9, 2023. The consideration for the transaction is HKD 2, out of which HKD 1 is the consideration for the sale share, while the remaining is the consideration for the sale loan. Health Plus Medical Group as at April 30, 2023 reported unaudited consolidated net liabilities of approximately HKD 13.643 million and total assets of approximately HKD 2.049 million. The Board of Green Energy Group intends to use the proceeds from the disposal for the group’s general working capital.
Chau Tat Kong, Lau Ka Ki, Lam Kin Wing, Chan Shuk Yin and Leung Yiu Ming David completed the acquisition of 60% stake in Health Plus Medical Group Limited from Green Energy Group Limited (SEHK:979) on June 9, 2023. Board Change • Apr 20
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 Cheung Pang Sze was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 01
First half 2023 earnings released First half 2023 results: Revenue: HK$46.2m (down 77% from 1H 2022). Net loss: HK$9.47m (loss narrowed 20% from 1H 2022). Announcement • Feb 11
Green Energy Group Limited to Report First Half, 2023 Results on Feb 27, 2023 Green Energy Group Limited announced that they will report first half, 2023 results on Feb 27, 2023 Announcement • Dec 03
Green Energy Group Limited Announces Board Changes The board of directors of Green Energy Group announced that with effect from 1 December 2022, Mr. Wong Sai Hung has tendered his resignation as (i) an executive Director; (ii) the chairman of the Board; and (iii) the chairman of the nomination committee of the Company due to his other commitments that have prevented him from giving proper attention to the affairs of the Company ("Resignation"). Mr. Wong has confirmed that he has no disagreement with the Board and no claim against the Company in respect of the Resignation and there is no matter in connection with the Resignation that needs to be brought to the attention of the shareholders of the Company. The Board also announces that Mr. Lo Kam Wing, JP has been appointed as (i) an executive Director; (ii) the Chairman; and (iii) the chairman of the Nomination Committee with effect from 1 December 2022 ("Appointment"). The biographical details of Mr. Lo are set out below: Mr. Lo, aged 49, obtained a bachelor's degree in Computer Science and a master's degree in Computer Science from the University of Southern California in 1997 and 2000, respectively. He was appointed as a Justice of the Peace by the Government of the Hong Kong Special Administrative Region in 2016. Mr. Lo has extensive experience in the manufacturing and testing industries and international trade. He was the chief information officer of Eastgate Technology Ltd. ("Eastgate") (a company currently known as Shinvest Holding Ltd., whose shares are listed on the Mainboard of Singapore Exchange Limited) from 2008 to 2010, responsible for the overall IT strategic and demand supply chain planning of Eastgate and its subsidiaries. Mr. Lo was appointed as the chairman of CMA Testing and Certification Laboratories from January 2018 to December 2020 and he has been an advisor of CMA TACL since January 2021. He is currently the managing director of Wing Li Group (International) Limited and the executive director of Wing Li Packaging Limited, responsible for overseeing the production facilities, research and development, and sales operations of these companies, which specialise in manufacturing and international trade. Mr. Lo is also the chairman of Win Fung Property Company Limited, a property management company. Mr. Lo is actively involved in a number of industry and government organisations. He is currently the Executive Vice President of the Chinese Manufacturers' Association of Hong Kong and a vice chairman of the Hong Kong Brand Development Council. Mr. Lo also serves as a member of each of the Hong Kong Trade Development Council, the Vocational Training Council and the Hong Kong Council for Testing and Certification, as well as a vetting committee member of the Trade and Industrial Organisation Support Fund. He is also a member of each of the China Overseas Friendship Association and the Chinese People's Political Consultative Conference Fujian Province Committee in the People's Republic of China. Announcement • Oct 25
Green Energy Group Limited, Annual General Meeting, Nov 24, 2022 Green Energy Group Limited, Annual General Meeting, Nov 24, 2022, at 14:30 China Standard Time. Location: Joint Professional Centre, Unit 6, G/F, The Center, 99 Queen's Road Central, Central Central Hong Kong Agenda: To receive, consider and adopt the audited financial statements and the reports of the directors ("Directors") and auditors ("Auditors") of the Company for the year ended 30 June 2022; to re-elect the retiring Directors (each as a separate resolution) and to authorize the board of Directors to fix the remuneration of the Directors; and to discuss other matters. Reported Earnings • Sep 30
Full year 2022 earnings released: HK$0.024 loss per share (vs HK$0.019 loss in FY 2021) Full year 2022 results: HK$0.024 loss per share (further deteriorated from HK$0.019 loss in FY 2021). Revenue: HK$441.3m (up HK$381.0m from FY 2021). Net loss: HK$27.7m (loss widened 31% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Announcement • Sep 15
Green Energy Group Limited to Report Fiscal Year 2022 Results on Sep 29, 2022 Green Energy Group Limited announced that they will report fiscal year 2022 results on Sep 29, 2022 Announcement • Feb 10
Green Energy Group Limited to Report First Half, 2022 Results on Feb 25, 2022 Green Energy Group Limited announced that they will report first half, 2022 results on Feb 25, 2022 Reported Earnings • Sep 30
Full year 2021 earnings released: HK$0.019 loss per share (vs HK$0.023 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: HK$60.3m (down 47% from FY 2020). Net loss: HK$21.2m (loss narrowed 20% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 21
First half 2021 earnings released: HK$0.007 loss per share (vs HK$0.011 loss in 1H 2020) The company reported a soft first half result with weaker revenues and control over costs, although losses reduced. First half 2021 results: Revenue: HK$40.2m (down 46% from 1H 2020). Net loss: HK$8.14m (loss narrowed 31% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 25
New 90-day low: HK$0.29 The company is down 23% from its price of HK$0.38 on 27 November 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 6.0% over the same period. Announcement • Feb 10
Green Energy Group Limited to Report First Half, 2021 Results on Feb 25, 2021 Green Energy Group Limited announced that they will report first half, 2021 results on Feb 25, 2021 Is New 90 Day High Low • Nov 05
New 90-day high: HK$0.29 The company is up 12% from its price of HK$0.26 on 07 August 2020. The Hong Kong market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 12% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: HK$0.28 The company is up 20% from its price of HK$0.23 on 10 July 2020. The Hong Kong market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is down 14% over the same period. Reported Earnings • Sep 30
Full year earnings released - HK$0.023 loss per share Over the last 12 months the company has reported total losses of HK$26.3m, with losses widening by 53% from the prior year. Total revenue was HK$113.9m over the last 12 months, up 76% from the prior year. 