New Risk • May 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 Chinese stocks, typically moving 10% 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. This is currently the only risk that has been identified for the company. Announcement • Apr 29
Goldlok Holdings(Guangdong) Co.,Ltd., Annual General Meeting, May 20, 2026 Goldlok Holdings(Guangdong) Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Puning, Guangdong China Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.046 loss per share (vs CN¥0.06 loss in FY 2024) Full year 2025 results: CN¥0.046 loss per share (improved from CN¥0.06 loss in FY 2024). Revenue: CN¥322.2m (up 2.2% from FY 2024). Net loss: CN¥43.2m (loss narrowed 25% from FY 2024). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 08
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 Chinese stocks, typically moving 8.3% 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. This is currently the only risk that has been identified for the company. Announcement • Apr 04
Goldlok Holdings(Guangdong) Co.,Ltd. announced that it expects to receive CNY 853.99552 million in funding Goldlok Holdings(Guangdong) Co.,Ltd. announced a private placement to issue 132,608,000 A shares at an issue price of CNY 6.44 per share for gross proceeds of CNY 853,995,520 on April 4, 2026 The transaction includes participation from new investor, Beijing Liman Xingtu Technology Partnership Enterprise (Limited Partnership). The shares cannot be transferred within 18 months from the issuance closing date. The transaction has been approved in the 14th meeting of the company's 8th directorate, and is subject to the approvals of the company’s shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. Announcement • Mar 31
Goldlok Holdings(Guangdong) Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Goldlok Holdings(Guangdong) Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 New Risk • Dec 03
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 Chinese stocks, typically moving 7.4% 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. This is currently the only risk that has been identified for the company. Announcement • Dec 03
Goldlok Holdings(Guangdong) Co.,Ltd. announced that it expects to receive CNY 490.6496 million in funding from Beijing Liman Yuntu Technology Innovation Co., Ltd. Goldlok Holdings (Guangdong) Co., Ltd announced that it has signed Share Subscription Agreement with new investor Beijing Liman Yuntu Technology Innovation Co., Ltd. to issue not more than 132,608,000 A shares at an issue price of CNY 3.70 per share for gross proceeds of not more than CNY 490,649,600 on December 1, 2025. The shares cannot be transferred within 18 months from the issuance closing date. The transaction has been approved in the 13th Meeting of the Company’s 8th Directorate, and is subject to the approvals of the Company’s Shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.017 (vs CN¥0.002 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.017 (up from CN¥0.002 in 3Q 2024). Revenue: CN¥94.5m (down 13% from 3Q 2024). Net income: CN¥16.3m (up CN¥14.7m from 3Q 2024). Profit margin: 17% (up from 1.4% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year. Announcement • Sep 30
Goldlok Holdings(Guangdong) Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Goldlok Holdings(Guangdong) Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 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 Chinese stocks, typically moving 8.5% 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 (-CN¥17m free cash flow). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). New Risk • May 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥17m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company. Announcement • Apr 28
Goldlok Holdings(Guangdong) Co.,Ltd., Annual General Meeting, May 21, 2025 Goldlok Holdings(Guangdong) Co.,Ltd., Annual General Meeting, May 21, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Puning, Guangdong China Announcement • Mar 31
Goldlok Holdings(Guangdong) Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
Goldlok Holdings(Guangdong) Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 New Risk • Nov 25
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 Chinese 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.009 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.002 (down from CN¥0.009 in 3Q 2023). Revenue: CN¥108.6m (up 4.4% from 3Q 2023). Net income: CN¥1.57m (down 81% from 3Q 2023). Profit margin: 1.4% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Goldlok Holdings(Guangdong) Co.,Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.017 loss in 2Q 2023) Second quarter 2024 results: CN¥0.024 loss per share (further deteriorated from CN¥0.017 loss in 2Q 2023). Revenue: CN¥50.9m (down 29% from 2Q 2023). Net loss: CN¥22.7m (loss widened 40% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Goldlok Holdings(Guangdong) Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Board Change • May 22
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. 1 highly experienced director. Deputy GM & Director Guangcheng Yang is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 28
Goldlok Holdings(Guangdong) Co.,Ltd., Annual General Meeting, May 21, 2024 Goldlok Holdings(Guangdong) Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Puning, Guangdong China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider Reappointment of 2024 audit firm; to consider Application for comprehensive credit line; to consider Shareholder return plan for the next three years from 2024 to 2026; to consider Remuneration plan for directors, supervisors and senior management; and to consider Connected transactions regarding the technology research and development cooperation agreement to be signed by a wholly-owned subsidiary. Reported Earnings • Apr 26
First quarter 2024 earnings released: CN¥0.014 loss per share (vs CN¥0.017 loss in 1Q 2023) First quarter 2024 results: CN¥0.014 loss per share (improved from CN¥0.017 loss in 1Q 2023). Revenue: CN¥45.7m (up 12% from 1Q 2023). Net loss: CN¥13.1m (loss narrowed 20% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Goldlok Holdings(Guangdong) Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Jan 31
Goldlok Holdings(Guangdong) Co.,Ltd. Approves the Election of Lai Guisheng as Non-Independent Director Goldlok Holdings(Guangdong) Co.,Ltd. at its Extraordinary General Meeting held on 29 January 2024 approved the election of Lai Guisheng as a non-independent director. Announcement • Dec 30
Goldlok Holdings(Guangdong) Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Announcement • Sep 19
Goldlok Holdings(Guangdong) Co.,Ltd. Announces Board Appointments Goldlok Holdings(Guangdong) Co.,Ltd. held its 1st Extraordinary General Meeting of 2023 on 15 September 2023, approved the appointment of Zhu Jianyong, Peng Hanqi, Zhu Kai, Lin Tao as non-independent directors. Tian Shouyun, Ye Qian and Yang Wanning as independent directors. Kong Xiangsen and Wei Caixia as non-employee supervisors. New Risk • Aug 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥26m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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 (-CN¥26m free cash flow). Earnings have declined by 12% per year over the past 5 years. Announcement • May 06
Goldlok Holdings(Guangdong) Co.,Ltd., Annual General Meeting, May 24, 2023 Goldlok Holdings(Guangdong) Co.,Ltd., Annual General Meeting, May 24, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual report and its summary; to consider 2022 annual accounts; to consider 2022 profit distribution plan; and to consider other matters. Reported Earnings • Apr 29
Full year 2022 earnings released: CN¥0.088 loss per share (vs CN¥0.12 loss in FY 2021) Full year 2022 results: CN¥0.088 loss per share (improved from CN¥0.12 loss in FY 2021). Revenue: CN¥317.7m (down 28% from FY 2021). Net loss: CN¥83.6m (loss narrowed 23% from FY 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Nov 23
Goldlok Holdings(Guangdong) Co.,Ltd. announced that it expects to receive CNY 534.2208 million in funding from Huatong Group Co., Ltd. Goldlok Holdings(Guangdong) Co.,Ltd. announced that it has signed an agreement to issue not more than 284,160,000 A shares pre-plan at an issue price of CNY 1.88 per share for an aggregate gross proceeds of not more than CNY 534,220,800 on November 21, 2022. The transaction will include participation from Huatong Group Co., Ltd. The shares to be issued shall have a hold period of 36 months from the issuance closing date. The transaction has been approved at the 11th meeting of the company’s 7th directorate, and the 8th meeting of the 7th supervisory board. The transaction is still subject to approval of the company’s shareholders, and the China Securities Regulatory Commission, and the State Administration for Market Regulation. Board Change • Nov 16
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. 3 highly experienced directors. Independent Director Junyuan Xie 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 27
Third quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.005 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.001 (up from CN¥0.005 loss in 3Q 2021). Revenue: CN¥95.9m (down 39% from 3Q 2021). Net income: CN¥973.8k (up CN¥5.31m from 3Q 2021). Profit margin: 1.0% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2022 earnings released: CN¥0.008 loss per share (vs CN¥0.018 loss in 2Q 2021) Second quarter 2022 results: CN¥0.008 loss per share (up from CN¥0.018 loss in 2Q 2021). Revenue: CN¥97.1m (up 1.1% from 2Q 2021). Net loss: CN¥7.35m (loss narrowed 58% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.053 loss per share (down from CN¥0.019 loss in 1Q 2021). Revenue: CN¥64.3m (down 27% from 1Q 2021). Net loss: CN¥49.9m (loss widened 175% from 1Q 2021). Revenue missed analyst estimates by 26%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 21% per year. Board Change • Apr 27
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. 3 highly experienced directors. Independent Director Junyuan Xie 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. Board Change • Dec 29
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. 3 highly experienced directors. Independent Director Junyuan Xie 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 • Aug 29
Second quarter 2021 earnings released: CN¥0.018 loss per share (vs CN¥0.019 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥96.1m (up 13% from 2Q 2020). Net loss: CN¥17.4m (loss narrowed 5.2% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 18
Full year 2020 earnings released: CN¥0.21 loss per share (vs CN¥0.35 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: CN¥507.7m (down 29% from FY 2019). Net loss: CN¥197.2m (loss narrowed 40% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥1.73 The company is down 34% from its price of CN¥2.61 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is down 4.0% over the same period. Is New 90 Day High Low • Jan 04
New 90-day low: CN¥2.04 The company is down 22% from its price of CN¥2.62 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is flat over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥2.27 The company is down 23% from its price of CN¥2.96 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is down 5.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥2.48 The company is down 14% from its price of CN¥2.88 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 2.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥391.8m, with losses widening by CN¥382.8m from the prior year. Total revenue was CN¥500.8m over the last 12 months, down 34% from the prior year. Announcement • Oct 20
Goldlok Holdings(Guangdong) Co.,Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Announcement • Aug 12
Goldlok Holdings(Guangdong) Co.,Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Goldlok Holdings(Guangdong) Co.,Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 