New Risk • Jun 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$727.5m (US$92.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Share price has been highly volatile over the past 3 months (62% average weekly change). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (HK$1.1m sold). Market cap is less than US$100m (HK$727.5m market cap, or US$92.8m). New Risk • May 04
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 60% 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 Interest payments are not well covered by earnings (1.7x net interest cover). Share price has been highly volatile over the past 3 months (60% average weekly change). Minor Risk Large one-off items impacting financial results. Announcement • Apr 29
Sino ICT Holdings Limited, Annual General Meeting, Jun 02, 2026 Sino ICT Holdings Limited, Annual General Meeting, Jun 02, 2026, at 09:30 China Standard Time. Location: meeting room 10, office building s1, embankment square, no. 5179 bin jiang avenue, pudong new district, shanghai China Reported Earnings • Apr 02
Full year 2025 earnings released: EPS: HK$0.013 (vs HK$0.02 loss in FY 2024) Full year 2025 results: EPS: HK$0.013 (up from HK$0.02 loss in FY 2024). Revenue: HK$337.5m (up 37% from FY 2024). Net income: HK$19.2m (up HK$48.9m from FY 2024). Profit margin: 5.7% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Mar 19
Sino ICT Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Sino ICT Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 New Risk • Mar 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.8% 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 Less than 1 year of cash runway based on free cash flow trend (-HK$3.2m free cash flow). Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (HK$436.5m market cap, or US$55.8m). Reported Earnings • Oct 02
First half 2025 earnings released: EPS: HK$0.004 (vs HK$0.007 loss in 1H 2024) First half 2025 results: EPS: HK$0.004 (up from HK$0.007 loss in 1H 2024). Revenue: HK$177.3m (up 24% from 1H 2024). Net income: HK$6.31m (up HK$17.1m from 1H 2024). Profit margin: 3.6% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 16% per year. Reported Earnings • Aug 29
First half 2025 earnings released: EPS: HK$0.004 (vs HK$0.007 loss in 1H 2024) First half 2025 results: EPS: HK$0.004 (up from HK$0.007 loss in 1H 2024). Revenue: HK$177.3m (up 24% from 1H 2024). Net income: HK$6.31m (up HK$17.1m from 1H 2024). Profit margin: 3.6% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year. Announcement • Aug 18
Sino ICT Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025 Sino ICT Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025 Board Change • Aug 07
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. 4 non-independent directors. Independent Non-Executive Director Yuzhi Cui was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jun 13
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 12% 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 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$407.4m market cap, or US$51.9m). Announcement • Apr 29
Sino ICT Holdings Limited, Annual General Meeting, May 23, 2025 Sino ICT Holdings Limited, Annual General Meeting, May 23, 2025, at 09:30 China Standard Time. Location: meeting room 10, office building s1, embankment square, no. 5179 bin jiang avenue, pudong new district, shanghai, China Reported Earnings • Apr 02
Full year 2024 earnings released: HK$0.024 loss per share (vs HK$0.026 loss in FY 2023) Full year 2024 results: HK$0.024 loss per share (improved from HK$0.026 loss in FY 2023). Revenue: HK$247.0m (up 17% from FY 2023). Net loss: HK$29.7m (loss narrowed 21% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Announcement • Mar 19
Sino ICT Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Sino ICT Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Announcement • Dec 11
Sino ICT Holdings Limited Announces Executive and Committee Changes The board (the "Board") of directors ("Directors") of the Sino ICT Holdings Limited (the "Company", together with its subsidiaries, the "Group") announces that with effect from 11 December 2024, Mr. Li Jinxian ("Mr. Li") resigned from the position of a non-executive director of the Company and a member of the audit committee under the Board (the "Audit Committee") due to adjustments in work arrangements. Mr. Li has confirmed that he has no disagreements with the Board and the Company in any respect. There are no other matters related to his resignation that need to be brought to the attention of the Company's shareholders (the "Shareholders") or the Stock Exchange of Hong Kong Limited (the "Exchange"). The Board further announced that Ms. Bai Yu ("Ms. Bai") has been appointed as a non-executive director and a member of the Audit Committee with effect from 11 December 2024. Her biographical details are set out as follows: Ms. Bai Yu, 34 years old, is currently working as a senior executive and employee supervisor at Sino IC Leasing Co. Ltd. Prior to this role, Ms. Bai was employed by Fosun International Limited, China Urban Construction Design & Research Institute Fund * () and Tsinghua Unigroup Co. Ltd. She holds an MPhil degree in the Department of Applied Mathematics from the Hong Kong Polytechnic University. Ms. Bai has entered into a service contract with the Company for a term of three years (the "Service Contract"), which may be terminated by either party giving not less than three months prior notice in writing and is subject to retirement by rotation and re-election at the annual general meetings of the Company under the Bye-laws and as required under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). According to the Service Contract, no remuneration will be payable to Ms. Bai during her term of office and the remuneration committee of the Company may review and adjust the emoluments payable to Ms. Bai from time to time concerning her performance and the operational results of the Group. With effect from 11 December 2024, the Audit Committee comprises two independent non-executive directors and one non-executive director, namely Mr. Cui Yuzhi (as chairman), Mr. Bao Yi and Ms. Bai. The Board takes this opportunity to express its sincere gratitude to Mr. Li for his valuable contributions to the Company during his tenure of office and welcomes Ms. Bai to join the Board. Reported Earnings • Oct 01
First half 2024 earnings released: HK$0.007 loss per share (vs HK$0.019 loss in 1H 2023) First half 2024 results: HK$0.007 loss per share (improved from HK$0.019 loss in 1H 2023). Revenue: HK$142.6m (up 22% from 1H 2023). Net loss: HK$10.8m (loss narrowed 62% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
First half 2024 earnings released: HK$0.007 loss per share (vs HK$0.019 loss in 1H 2023) First half 2024 results: HK$0.007 loss per share (improved from HK$0.019 loss in 1H 2023). Revenue: HK$142.6m (up 22% from 1H 2023). Net loss: HK$10.8m (loss narrowed 62% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. New Risk • Aug 16
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 Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Market cap is less than US$100m (HK$174.6m market cap, or US$22.4m). New Risk • Jul 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$235.7m market cap, or US$30.2m). Announcement • Apr 24
Sino ICT Holdings Limited Announces Resignation of Li Yongjun as Non-Executive Director The board of directors of Sino ICT Holdings Limited announced that Mr. Li Yongjun resigned as a Non-executive Director of the Company due to his need to devote more time to other matters for personal reasons with effect from 24 April 2024. New Risk • Apr 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: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$261.9m market cap, or US$33.4m). Reported Earnings • Mar 30
Full year 2023 earnings released: HK$0.026 loss per share (vs HK$0.017 loss in FY 2022) Full year 2023 results: HK$0.026 loss per share (further deteriorated from HK$0.017 loss in FY 2022). Revenue: HK$211.8m (down 8.6% from FY 2022). Net loss: HK$37.8m (loss widened 54% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Announcement • Mar 19
Sino ICT Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Sino ICT Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Sep 04
First half 2023 earnings released: HK$0.019 loss per share (vs HK$0.001 loss in 1H 2022) First half 2023 results: HK$0.019 loss per share (further deteriorated from HK$0.001 loss in 1H 2022). Revenue: HK$117.0m (down 19% from 1H 2022). Net loss: HK$28.0m (loss widened HK$26.1m from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Announcement • May 09
Sino ICT Holdings Limited, Annual General Meeting, Jun 09, 2023 Sino ICT Holdings Limited, Annual General Meeting, Jun 09, 2023, at 09:30 China Standard Time. Location: Meeting Room 10, Office Building S1, Embankment Square, No. 5179 Bin Jiang Avenue Pudong New District Shanghai China Agenda: to receive and consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and the auditor of the Company for the year ended 31 December 2022; to reelect directors; to authorise the board of Directors to fix the Directors' remuneration; to re-appoint Grant Thornton Hong Kong Limited as the auditor of the Company and to authorise the Directors to fix its remuneration; to consider the proposed amendments to the existing bye-laws of the Company; and to consider other matters. Reported Earnings • Mar 30
Full year 2022 earnings released: HK$0.017 loss per share (vs HK$0.026 profit in FY 2021) Full year 2022 results: HK$0.017 loss per share (down from HK$0.026 profit in FY 2021). Revenue: HK$231.6m (down 28% from FY 2021). Net loss: HK$24.5m (down 164% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Board Change • Dec 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Yanxin Wang was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 02
First half 2022 earnings released: HK$0.001 loss per share (vs HK$0.023 profit in 1H 2021) First half 2022 results: HK$0.001 loss per share (down from HK$0.023 profit in 1H 2021). Revenue: HK$143.7m (down 27% from 1H 2021). Net loss: HK$1.86m (down 106% from profit in 1H 2021). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: HK$0 (vs HK$0.023 in 1H 2021) First half 2022 results: EPS: HK$0 (down from HK$0.023 in 1H 2021). Revenue: HK$143.7m (down 27% from 1H 2021). Net loss: HK$1.86m (down 106% from profit in 1H 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Announcement • Aug 11
Sino ICT Holdings Limited Announces Board Changes Sino ICT Holdings Limited announced that Mr. Du Yang ("Mr. Du") resigned as an executive Director of the Company, the chairman of the Board and the chairman of the nomination committee of the Company due to his need to devote more time to other matters for personal reasons with effect from 10 August 2022. The Board further announces that, following the resignation of Mr. Du, Mr. Yuan I-Pei, being an executive Director of the Company, has been appointed as the chairman of the Board and the chairman of the Nomination Committee, with effect from 10 August 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: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Yanxin Wang was the last independent director to join the board, commencing their role in 2021. 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 26
First half 2021 earnings released: EPS HK$0.023 (vs HK$0.022 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: HK$196.1m (up 22% from 1H 2020). Net income: HK$32.9m (up 4.9% from 1H 2020). Profit margin: 17% (down from 20% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 23
First half 2021 earnings released: EPS HK$0.023 (vs HK$0.022 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: HK$196.1m (up 22% from 1H 2020). Net income: HK$32.9m (up 4.9% from 1H 2020). Profit margin: 17% (down from 20% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS HK$0.014 (vs HK$0.009 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$270.6m (up 35% from FY 2019). Net income: HK$19.7m (up HK$33.2m from FY 2019). Profit margin: 7.3% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Mar 21
Sino ICT Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2020 Sino ICT Holdings Limited provided earnings guidance for the year ended December 31, 2020. For the year, the company expected to record a consolidated net profit of approximately HKD 19,868,000 for the year ended 31 December 2020 as compared to the consolidated net loss for the year ended 31 December 2019 of approximately HKD 13,602,000. the Board considered that such expected increase in net profit for was mainly attributable to the expected increase in net profit before income tax of the core business SMT equipment manufacturing segment and of the securities investment segment. Announcement • Mar 20
Sino ICT Holdings Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 Sino ICT Holdings Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Feb 01
New 90-day low: HK$1.17 The company is down 10.0% from its price of HK$1.30 on 03 November 2020. The Hong Kong market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 25% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: HK$1.34 The company is down 20% from its price of HK$1.67 on 24 June 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 20% over the same period. Announcement • Aug 18
Sino ICT Holdings Limited to Report First Half, 2020 Results on Aug 24, 2020 Sino ICT Holdings Limited announced that they will report first half, 2020 results on Aug 24, 2020 