Reported Earnings • Mar 30
Full year 2025 earnings released: EPS: CN¥0.077 (vs CN¥0.043 in FY 2024) Full year 2025 results: EPS: CN¥0.077 (up from CN¥0.043 in FY 2024). Revenue: CN¥141.2m (down 6.6% from FY 2024). Net income: CN¥44.6m (up 83% from FY 2024). Profit margin: 32% (up from 16% in FY 2024). The increase in margin was driven by lower expenses. 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 17% per year, which means it is well ahead of earnings. Announcement • Mar 27
Creative China Holdings Limited, Annual General Meeting, Jun 12, 2026 Creative China Holdings Limited, Annual General Meeting, Jun 12, 2026. New Risk • Mar 24
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 Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (HK$137.5m market cap, or US$17.6m). Announcement • Mar 16
Creative China Holdings Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Creative China Holdings Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 New Risk • Dec 09
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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (HK$231.1m market cap, or US$29.7m). 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 an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Richard Wang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 12
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 an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Richard Wang was the last independent director to join the board, commencing their role in 2023. 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 • Sep 02
First half 2025 earnings released: CN¥0.01 loss per share (vs CN¥0.002 profit in 1H 2024) First half 2025 results: CN¥0.01 loss per share (down from CN¥0.002 profit in 1H 2024). Revenue: CN¥9.11m (down 65% from 1H 2024). Net loss: CN¥6.04m (down CN¥7.10m from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings. Announcement • Aug 18
Creative China Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 Creative China Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 Board Change • Aug 18
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 an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Richard Wang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Mar 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 16% Last year net profit margin: 24% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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 Profit margins are more than 30% lower than last year (16% net profit margin). Market cap is less than US$100m (HK$213.8m market cap, or US$27.5m). Announcement • Mar 29
Creative China Holdings Limited, Annual General Meeting, Jun 13, 2025 Creative China Holdings Limited, Annual General Meeting, Jun 13, 2025. New Risk • Mar 28
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 Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (45% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (HK$216.7m market cap, or US$27.9m). Announcement • Mar 10
Creative China Holdings Limited to Report Fiscal Year 2024 Results on Mar 21, 2025 Creative China Holdings Limited announced that they will report fiscal year 2024 results on Mar 21, 2025 New Risk • Nov 20
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 19% 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 (19% average weekly change). High level of non-cash earnings (45% accrual ratio). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (HK$288.9m market cap, or US$37.1m). Reported Earnings • Aug 31
First half 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.022 loss in 1H 2023) First half 2024 results: EPS: CN¥0.002 (up from CN¥0.022 loss in 1H 2023). Revenue: CN¥25.7m (up 7.7% from 1H 2023). Net income: CN¥1.06m (up CN¥9.19m from 1H 2023). Profit margin: 4.1% (up from net loss in 1H 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Announcement • Aug 16
Creative China Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 Creative China Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.14 in FY 2022) Full year 2023 results: EPS: CN¥0.11 (down from CN¥0.14 in FY 2022). Revenue: CN¥184.8m (up 21% from FY 2022). Net income: CN¥43.9m (down 11% from FY 2022). Profit margin: 24% (down from 32% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 27
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$4.0m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risks Significant insider selling over the past 3 months (HK$4.0m sold). Market cap is less than US$100m (HK$502.7m market cap, or US$64.3m). Announcement • Mar 22
Creative China Holdings Limited, Annual General Meeting, May 23, 2024 Creative China Holdings Limited, Annual General Meeting, May 23, 2024, at 14:00 China Standard Time. Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.14 in FY 2022) Full year 2023 results: EPS: CN¥0.11 (down from CN¥0.14 in FY 2022). Revenue: CN¥184.8m (up 21% from FY 2022). Net income: CN¥43.9m (down 11% from FY 2022). Profit margin: 24% (down from 32% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.6% net profit margin). Market cap is less than US$100m (HK$502.7m market cap, or US$64.3m). Announcement • Mar 08
Creative China Holdings Limited to Report Fiscal Year 2023 Results on Mar 20, 2024 Creative China Holdings Limited announced that they will report fiscal year 2023 results on Mar 20, 2024 Buy Or Sell Opportunity • Feb 22
Now 28% overvalued Over the last 90 days, the stock has fallen 13% to HK$0.70. The fair value is estimated to be HK$0.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Earnings per share has grown by 16%. Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: CN¥0.052 (vs CN¥0.16 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.052 (down from CN¥0.16 in 3Q 2022). Revenue: CN¥94.9m (up 10.0% from 3Q 2022). Net income: CN¥20.7m (down 65% from 3Q 2022). Profit margin: 22% (down from 69% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 31
Creative China Holdings Limited Provides Unaudited Earnings Guidance for the Nine Months Ended 30 September 2023 Creative China Holdings Limited provided earnings guidance for the nine months ended 30 September 2023. For the period, the company expects to record a profit not exceeding RMB 12.5 million for the Period as compared to the profit of approximately RMB 51.7 million for the correspondingperiod in 2022. The Board considers that the decrease in profit for the Period is mainly due to higher of direct cost, increase of exchange loss and legal professional fee as compared to the corresponding period in 2022. Announcement • Oct 26
Creative China Holdings Limited to Report Q3, 2023 Results on Nov 06, 2023 Creative China Holdings Limited announced that they will report Q3, 2023 results on Nov 06, 2023 Announcement • Sep 19
Creative China Holdings Limited Announces Management Changes The board of directors of Creative China Holdings Limited announced that Mr. Wang Yong has been redesignated as an executive Director with effect from 18 September 2023. Mr. Wang Yong, aged 54, was appointed as a non-executive director of the Group on 21 April 2015 and has been redesignated as an executive Director with effect from 18 September 2023. Mr. Wang is primarily responsible for supervising the Group's overall management and strategic planning. Mr. Wang was the deputy managing director at Beijing Tianyi Jinxiu Co. Ltd. during 2003 to 2022. Mr. Wang entered into a letter of appointment with the Company regarding his appointment as an executive Director for a term of three years commencing from the date of this announcement, which will be automatically renewed for successive one-year periods unless terminated by either party giving at least three month's written notice. Mr. Wang's directorship is subject to retirement by rotation and re-election at annual general meetings in accordance with the articles of association of the Company. The Board further announced that with effect from 18 September 2023, Mr. Tan Song Kwang has tendered his resignation in respect of his positions as an independent non-executive Director, and a member of each of the Audit Committee, Remuneration Committee and Nomination Committee due to his personal engagements which require more of his time and attention. The Board further announced that with effect from 18 September 2023, Mr. Wang Xinghua has been appointed as an independent non-executive Director, and a member of each of the Audit Committee, Remuneration Committee and Nomination Committee. Mr. Wang XH, aged 41, obtained a degree of Bachelor of Engineering in materials science and engineering from Shanghai Jiao Tong University in July 2005. Mr. Wang XH has over 15 years of experience in audit and accounting. Mr. Wang XH has obtained the certificate for passing all the required subjects of the National Uniform CPA Examination of the PRC in January 2008, and he is a non-practising member of the Chinese Institute of Certified Public Accountants. Mr. Wang XH is the China Finance FP&A Director of EF English First Language Training (Shanghai) Co. Ltd. since May 2017. Prior to his current role, Mr. Wang XH had served as a senior manager at Deloitte Touche Tohmatsu China and as assistant controller at Otis Elevator Management (Shanghai) Company Limited. Mr. Wang XH has entered into a letter of appointment with the Company. The letter of appointment is for an initial term commencing on 18 September 2023 and shall continue thereafter subject to a maximum of three years unless terminated by either party giving at least one month's notice in writing. Mr. Wang XH's directorship is subject to retirement by rotation and re-election at annual general meetings in accordance with the Articles. Pursuant to Article 83(3) of the Articles, Mr. Wang XH shall hold office until the next following annual general meeting of the Company and shall then be eligible for re-election at such meeting. New Risk • Aug 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). High level of non-cash earnings (26% accrual ratio). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (HK$214.3m market cap, or US$27.3m). New Risk • Aug 20
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). High level of non-cash earnings (26% accrual ratio). Minor Risk Market cap is less than US$100m (HK$190.2m market cap, or US$24.3m). Reported Earnings • Aug 08
Second quarter 2023 earnings released: CN¥0.004 loss per share (vs CN¥0.009 loss in 2Q 2022) Second quarter 2023 results: CN¥0.004 loss per share (improved from CN¥0.009 loss in 2Q 2022). Revenue: CN¥23.4m (up 218% from 2Q 2022). Net loss: CN¥1.45m (loss narrowed 58% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • Jul 26
Creative China Holdings Limited to Report First Half, 2023 Results on Aug 07, 2023 Creative China Holdings Limited announced that they will report first half, 2023 results on Aug 07, 2023 Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to HK$1.26, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 27x in the Entertainment industry in Hong Kong. Total returns to shareholders of 313% over the past three years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 57% After last week's 57% share price gain to HK$1.18, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 26x in the Entertainment industry in Hong Kong. Total returns to shareholders of 263% over the past three years. New Risk • Jun 16
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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$119.4m market cap, or US$15.3m). Reported Earnings • May 11
First quarter 2023 earnings released: CN¥0.018 loss per share (vs CN¥0.011 loss in 1Q 2022) First quarter 2023 results: CN¥0.018 loss per share (further deteriorated from CN¥0.011 loss in 1Q 2022). Revenue: CN¥448.0k (down 42% from 1Q 2022). Net loss: CN¥6.68m (loss widened 76% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.079 in FY 2021) Full year 2022 results: EPS: CN¥0.14 (up from CN¥0.079 in FY 2021). Revenue: CN¥152.7m (up 158% from FY 2021). Net income: CN¥49.1m (up 108% from FY 2021). Profit margin: 32% (down from 40% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Yuehong Fu 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 • Nov 08
Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.03 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.03 in 3Q 2021). Revenue: CN¥86.3m (up 200% from 3Q 2021). Net income: CN¥59.1m (up CN¥49.2m from 3Q 2021). Profit margin: 69% (up from 34% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Oct 08
Creative China Holdings Limited Announces Changes of Company Secretary and Authorized Representatives The board of directors of Creative China Holdings Limited announced that Ms. Kwan Wing Man has tendered her resignation as the company secretary of the Company and shall cease to act as an authorized representative of the Company for the purpose of Rule 5.24 of the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited with effect from 7 October 2022. Ms. Kwan has confirmed that she has nodisagreement with the Board and there are no circumstances in relation to her Resignation which needs to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board announced that Ms. Cheung Hoi Fun has been appointed as the Company Secretary and an authorized representative of the Company for the purpose of Rule 5.24 of the GEM Listing Rules and the Appointment will take effect on 7 October 2022. Ms. Cheung has over 15 years of experience in providing corporate governance advisory services to Hong Kong listed companies and professional services companies. Ms. Cheung is an associate member of each of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute, and she has obtained a Master degree in Business Administration from Hong Kong Metropolitan University in November 2010. As at the date of this announcement, the Board of Directors of the Company comprises Mr. Philip Jian Yang as executive director; Mr. Yang Shiyuan, Mr. Ge Xuyu and Mr. Wang Yong as non-executive directors; and Ms. Fu Yuehong, Mr. Yau Yan Yuen and Mr. Tan Song Kwang as independent non-executive directors. Announcement • Jul 28
Creative China Holdings Limited to Report Q2, 2022 Results on Aug 05, 2022 Creative China Holdings Limited announced that they will report Q2, 2022 results on Aug 05, 2022 Announcement • Jul 23
Creative China Holdings Limited Provides Earnings Guidance for the Six Months Period Ended 30 June 2022 Creative China Holdings Limited provided earnings guidance for the six months period ended 30 June 2022. For the period, the company expects to record a loss not exceeding RMB8.0 million for the Period as compared to the loss of approximately RMB0.8 million for the corresponding period in 2021. The Board considers that the increase in loss for the Period is mainly due to the higher costs recognised for the program production and mobile application development and operation business as compared to the corresponding period in 2021. Announcement • May 28
Creative China Holdings Limited Announces Management Changes Creative China Holdings Limited announced that Yang Jianping, an executive director of the Company, retired from the Board at the conclusion of the AGM held on May 27, 2022. Since Yang would like to spend more time pursuing her own business, she was not offered herself for re-election at the AGM. She stepped down from the remuneration committee of the Company following her retirement from the Board; and Yau Yan Yuen, an existing independent non-executive director, succeeded Yang as a member of the Remuneration Committee. Reported Earnings • May 08
First quarter 2022 earnings released: CN¥0.011 loss per share (vs CN¥0.01 profit in 1Q 2021) First quarter 2022 results: CN¥0.011 loss per share (down from CN¥0.01 profit in 1Q 2021). Revenue: CN¥778.0k (down 89% from 1Q 2021). Net loss: CN¥3.81m (down 219% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. 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 an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Yuehong Fu 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 • Apr 24
Creative China Holdings Limited to Report Q1, 2022 Results on May 06, 2022 Creative China Holdings Limited announced that they will report Q1, 2022 results on May 06, 2022 Announcement • Apr 23
Creative China Holdings Limited Provides Earning Guidance for the Three Months Period Ended March 31, 2022 Creative China Holdings Limited provided earning guidance for the three months period ended March 31, 2022. For the period, the company expects to record a loss not exceeding RMB 4.0 million for the Period as compared to the profit of approximately RMB 3.2 million for the corresponding period in 2021. The Board considers that the decrease in profit for the Period is mainly due to fewer online promotion advertisements; and the athletes managed by the Company entered the world tour schedule and less relevant business derived from the contracted artists during the period. Reported Earnings • Nov 09
Third quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.027 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥28.8m (up 126% from 3Q 2020). Net income: CN¥9.83m (up 15% from 3Q 2020). Profit margin: 34% (down from 67% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2021 earnings released: CN¥0.003 loss per share (vs CN¥0.019 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥768.0k (down 96% from 2Q 2020). Net loss: CN¥4.00m (down 167% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Executive Departure • Aug 05
Company Secretary Man Sze Lai has left the company On the 30th of July, Man Sze Lai's tenure as Company Secretary ended after 1.3 years in the role. We don't have any record of a personal shareholding under Man Sze's name. Man Sze is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.33 years. Announcement • Jul 25
Creative China Holdings Limited Provides Earning Guidance for the Six Months Period Ended 30 June 2021 Creative China Holdings Limited provides earning guidance for the six months period ended 30 June 2021. The Company expects to record a loss not exceeding RMB 1.0 million for the Period as compared to the profit of approximately RMB 2.6 million for the corresponding period in 2020. The Board considers that the decrease in profit for the Period is mainly due to the relevant adjustment made by mainstream platform and channels to adopt the relative trend of key promotion on television series and films to be broadcasted during the exceptional period, hence, the negotiation of licensing the broadcasting rights has been postponed. Reported Earnings • May 09
First quarter 2021 earnings released: EPS CN¥0.002 (vs CN¥0.002 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥7.23m (up CN¥6.04m from 1Q 2020). Net income: CN¥3.21m (up CN¥6.56m from 1Q 2020). Profit margin: 44% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Announcement • Mar 21
Creative China Holdings Limited Provides Consolidated Financial Guidance for the Year Ended 31 December 2020 Creative China Holdings Limited board of directors announced that, based on a preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2020 and the information currently available to the Board, the Company expects to record a profit attributable to the owners of the Company of approximately RMB 27 million for the Year 2020 as compared to a profit attributable to the owners of the Company of approximately RMB 1.6 million for the year ended 31 December 2019. The Board considers that the expected increase in the Group's net profit for the Year 2020 is mainly attributable to (i) transfer of original movie script copyright; (ii) online advertising; (iii) relevant business derived from artist management; and (iv) an improvement in gross profit margin. Announcement • Mar 13
Creative China Holdings Limited to Report Fiscal Year 2020 Results on Mar 24, 2021 Creative China Holdings Limited announced that they will report fiscal year 2020 results on Mar 24, 2021 Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS CN¥0.006 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥12.7m (up 50% from 3Q 2019). Net income: CN¥8.58m (up CN¥11.2m from 3Q 2019). Profit margin: 67% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. 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 49% per year, which means it is significantly lagging earnings. Announcement • Oct 15
Creative China Holdings Limited to Report Nine Months, 2020 Results on Nov 06, 2020 Creative China Holdings Limited announced that they will report nine months, 2020 results on Nov 06, 2020 Announcement • Jul 18
Creative China Holdings Limited to Report First Half, 2020 Results on Aug 14, 2020 Creative China Holdings Limited announced that they will report first half, 2020 results on Aug 14, 2020 
