Recent Insider Transactions • Jun 06
Executive Chairman recently bought HK$2.6m worth of stock On the 3rd of June, Kok Wai Hooy bought around 2m shares on-market at roughly HK$1.29 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Kok Wai's only on-market trade for the last 12 months. Announcement • Apr 24
China Wantian Holdings Limited, Annual General Meeting, Jun 26, 2026 China Wantian Holdings Limited, Annual General Meeting, Jun 26, 2026, at 10:30 China Standard Time. Location: suite 2106, 21/f, exchange tower, 33 wang chiu road, kowloon bay., Hong Kong Reported Earnings • Apr 01
Full year 2025 earnings released: HK$0.07 loss per share (vs HK$0.022 loss in FY 2024) Full year 2025 results: HK$0.07 loss per share (further deteriorated from HK$0.022 loss in FY 2024). Revenue: HK$1.16b (up 48% from FY 2024). Net loss: HK$142.0m (loss widened 238% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. New Risk • Mar 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Mar 16
China Wantian Holdings Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 China Wantian Holdings Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 New Risk • Dec 12
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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$84m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 52% per year over the past 5 years. Board Change • Nov 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Chi Wing Lam 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. New Risk • Sep 22
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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$84m free cash flow). Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Significant insider selling over the past 3 months (HK$7.5m sold). Reported Earnings • Aug 31
First half 2025 earnings released First half 2025 results: HK$0.023 loss per share. Net loss: HK$46.7m (flat on 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 26% per year, which means it is well ahead of earnings. Announcement • Aug 15
China Wantian Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025 China Wantian Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 30
China Wantian Holdings Limited, Annual General Meeting, Jun 18, 2025 China Wantian Holdings Limited, Annual General Meeting, Jun 18, 2025, at 14:30 China Standard Time. Location: suite 2106, 21/f, exchange tower, 33 wang chiu road, kowloon bay, Hong Kong Reported Earnings • Mar 30
Full year 2024 earnings released: HK$0.022 loss per share (vs HK$0.033 loss in FY 2023) Full year 2024 results: HK$0.022 loss per share (improved from HK$0.033 loss in FY 2023). Revenue: HK$788.6m (up 205% from FY 2023). Net loss: HK$42.0m (loss narrowed 31% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings. Announcement • Mar 17
China Wantian Holdings Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 China Wantian Holdings Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 Announcement • Dec 20
China Wantian Holdings Limited Announces Establishment of Committees The board of directors of China Wantian Holdings Limited announced that each of the environmental, social and governance committee and the climate change committee was established under the Board on 20 December 2024 to further improve the ESG management system, and to promote the sustainable development and the overall value enhancement of the Group. The main responsibilities of the ESG Committee are to oversee the implementation and progress of the Group's ESG initiatives, to monitor and evaluate ESG-related risks, opportunities and material issues, including climate-related risks and opportunities, to review and approve the Group's ESG performance metrics and targets, to oversee the preparation and publication of the Group's ESG reports, and to engage with functional departments, stakeholders on ESG-related matters, etc. The ESG Committee comprises 8 members, including Mr. Zhong Xueyong, the vice-chairman of the Board, the chief executive officer and an executive Director, Mr. Siu Chun Pong Raymond, an independent non-executive Director, Mr. Lau Yau Chuen Louis, the company secretary and chief financial officer of the Company, and the persons in charge of the functional departments of the Group, while Mr. Zhong has been appointed as the chairperson of the ESG Committee. The main responsibilities of the Climate Change Committee are to formulate and review the Company's long-term strategies and objectives for energy conservation and emission reduction, to review key performance indicators related to energy conservation and emission reduction and evaluate their achievement, to ensure the compliance with relevant laws, regulations and industry standards, and to recommend resource allocation plans for energy conservation and emission reduction to the Board, etc. The Climate Change Committee comprises 6 members, including Mr. Zhong, Mr. Siu, Mr. Lau and the persons in charge of the operational departments of the Group, while Mr. Zhong has been appointed as the chairperson of the Climate Change Committee. New Risk • Nov 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 70% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Significant insider selling over the past 3 months (HK$7.0m sold). Recent Insider Transactions Derivative • Oct 18
Executive Chairman exercised options to buy HK$28m worth of stock. On the 14th of October, Kok Wai Hooy exercised options to buy 24m shares at a strike price of around HK$0.93, costing a total of HK$22m. This transaction amounted to 52% of their direct individual holding at the time of the trade. Since December 2023, Kok Wai's direct individual holding has increased from 30.77m shares to 46.55m. Company insiders have collectively bought HK$41m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Aug 29
First half 2024 earnings released: HK$0.009 loss per share (vs HK$0.009 loss in 1H 2023) First half 2024 results: HK$0.009 loss per share (in line with 1H 2023). Revenue: HK$251.8m (up 96% from 1H 2023). Net loss: HK$17.2m (loss widened 5.9% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 95% per year, which means it is well ahead of earnings. Announcement • Aug 15
China Wantian Holdings Limited to Report First Half, 2024 Results on Aug 28, 2024 China Wantian Holdings Limited announced that they will report first half, 2024 results on Aug 28, 2024 Recent Insider Transactions Derivative • May 22
Executive Chairman exercised options to buy HK$14m worth of stock. On the 16th of May, Kok Wai Hooy exercised options to buy 16m shares at a strike price of around HK$0.30, costing a total of HK$4.8m. This transaction amounted to 51% of their direct individual holding at the time of the trade. Since June 2023, Kok Wai's direct individual holding has increased from 15.00m shares to 30.77m. Company insiders have collectively bought HK$15m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Apr 24
Full year 2023 earnings released: HK$0.033 loss per share (vs HK$0.015 loss in FY 2022) Full year 2023 results: HK$0.033 loss per share (further deteriorated from HK$0.015 loss in FY 2022). Revenue: HK$258.8m (up 57% from FY 2022). Net loss: HK$60.8m (loss widened 168% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 127% per year, which means it is well ahead of earnings. Announcement • Apr 23
China Wantian Holdings Limited, Annual General Meeting, Jun 17, 2024 China Wantian Holdings Limited, Annual General Meeting, Jun 17, 2024, at 10:00 China Standard Time. Location: Suite 2106, 21/F, Exchange Tower 33 Wang Chiu Road, Kowloon Bay Hong Kong Hong Kong Agenda: To receive, 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 nine months ended 31 December 2023; to consider the re-election of Board of Directors; to authorize the board of Directors to fix the Directors' remuneration; to re-appoint BDO Limited as the auditor of the Company and to authorize the Board to fix its remuneration; and to consider the other resolutions. Announcement • Mar 15
China Wantian Holdings Limited to Report Q3, 2024 Results on Mar 27, 2024 China Wantian Holdings Limited announced that they will report Q3, 2024 results on Mar 27, 2024 Reported Earnings • Nov 30
First half 2024 earnings released: HK$0.009 loss per share (vs HK$0.005 loss in 1H 2023) First half 2024 results: HK$0.009 loss per share (further deteriorated from HK$0.005 loss in 1H 2023). Revenue: HK$128.7m (up 87% from 1H 2023). Net loss: HK$16.3m (loss widened 101% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 134% per year, which means it is well ahead of earnings. Announcement • Nov 15
China Wantian Holdings Limited to Report First Half, 2024 Results on Nov 28, 2023 China Wantian Holdings Limited announced that they will report first half, 2024 results on Nov 28, 2023 Announcement • Oct 12
China Wantian Holdings Limited Announces Change of Vice-Chairman of the Board The board of directors of China Wantian Holdings Limited announced that Mr. Liu Chi Ching ("Mr. Liu"), an executive Director, resigned as the vice-chairman of the Board with effect from 11 October 2023 due to the Group's reassignment of duties and responsibilities. Mr. Liu will remain as an executive Director, a member of the remuneration committee of the Company (the "Remuneration Committee") and the authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). Further, the Board announced that Mr. Zhong Xueyong ("Mr. Zhong"), an executive Director and the chief executive officer of the Company, has been appointed as the vice-chairman of the Board in place of Mr. Liu with effect from 11 October 2023. Mr. Zhong, aged 39, was appointed as an executive Director on 19 August 2021 and the chief executive officer of the Company on 29 September 2021, respectively. He also serves as a director of certain subsidiaries of the Company. Mr. Zhong is the founder and acted as chairman of Guangdong Wangu Industrial Development Company Limited. He is the co-founder and has served as the chief executive officer of China Wantian International Group Limited. Mr. Zhong is the co-founding chairman of Greater Bay Area Association of Listed Companies. Mr. Zhong is a controlling shareholder and a director of Ace Source Holdings Limited. Recent Insider Transactions Derivative • Aug 06
Executive Chairman exercised options to buy HK$11m worth of stock. On the 2nd of August, Kok Wai Hooy exercised options to buy 16m shares at a strike price of around HK$0.30, costing a total of HK$4.8m. This transaction amounted to 105% of their direct individual holding at the time of the trade. Since September 2022, Kok Wai has owned 15.00m shares directly. Company insiders have collectively bought HK$7.3m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Jul 28
Full year 2023 earnings released: HK$0.017 loss per share (vs HK$0.008 loss in FY 2022) Full year 2023 results: HK$0.017 loss per share (further deteriorated from HK$0.008 loss in FY 2022). Revenue: HK$202.1m (up 58% from FY 2022). Net loss: HK$27.7m (loss widened 153% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 102% per year, which means it is well ahead of earnings. Announcement • Jul 28
China Wantian Holdings Limited, Annual General Meeting, Sep 08, 2023 China Wantian Holdings Limited, Annual General Meeting, Sep 08, 2023, at 11:00 China Standard Time. Location: Kennedy Room, Level 7, Conrad Hong Kong, Pacific Place, 88 Queensway Admiralty Hong Kong Agenda: To receive, 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 March 2023; to re-elect Dr. Hooy Kok Wai as an executive Director; to re-elect Ms. Lui Choi Yiu Angela as an independent non-executive Director; to re-elect Mr. Siu Chun Pong Raymond as an independent non-executive directors; to re-elect Mr. Lam Chi Wing as an independent non-executive Director; to re-appoint BDO Limited as the auditor of the Company and to authorise the Board to fix its remuneration; and to discuss other matters. Reported Earnings • Jun 29
Full year 2023 earnings released: HK$0.017 loss per share (vs HK$0.008 loss in FY 2022) Full year 2023 results: HK$0.017 loss per share (further deteriorated from HK$0.008 loss in FY 2022). Revenue: HK$202.1m (up 58% from FY 2022). Net loss: HK$27.7m (loss widened 153% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 81% per year, which means it is well ahead of earnings. Announcement • Jun 09
China Wantian Holdings Limited Appoints Lam Chi Wing as Independent Non-Executive Director, A Member of Each of the Audit Committee the Nomination Committee and the Remuneration Committee The board (the "Board") of directors (the "Director(s)") of China Wantian Holdings Limited (the "Company", together with its subsidiaries, the "Group") announced that Mr. Lam Chi Wing ("Mr. Lam") has been appointed as an independent non-executive Director, a member of each of the audit committee (the "Audit Committee"), the nomination committee (the "Nomination Committee") and the remuneration committee (the "Remuneration Committee") of the Company with effect from 8 June 2023. Mr. Lam, aged 43, obtained a bachelor of business administration in accounting and finance degree from The University of Hong Kong in December 2003, a master of science in knowledge management degree from The Hong Kong Polytechnic University in December 2006 and a master of business administration degree from The Chinese University of Hong Kong in December 2010. He is currently a postgraduate of the Executive Master in Public Administration Hong Kong Administrative Talents Program conducted by the School of Public Policy & Management at Tsinghua University. Mr. Lam joined Li & Fung Group in September 2003, where he served as the group chief representative and general manager of Southern China of Li & Fung Development (China) Limited prior to his departure in July 2015. From June 2020 to December 2020, he was a brand and new retail strategic officer of Bonjour Holdings Limited. Mr. Lam has been a deputy to the 14th National People's Congress (), a member of each of the 12th and 13th Guangdong Provincial Committee of the Chinese People's Political Consultative Conference () and a member of each of the 11th and 12th Zhongshan Municipal Committee of the Chinese People's Political Consultative Conference (). Mr. Lam is currently a vice-chairman of each of the Hong Kong Guangdong Youth Association (), the council of the Guangdong Society of Commercial Economy (), the Council for the Promotion of Guangdong-Hong Kong-Macao Cooperation and the Federation of Hong Kong Zhong Shan Community organizations Limited (). He is also currently an adjunct associate professor of the department of information systems, business statistics and operations management of the Business School of The Hong Kong University of Science and Technology, and co-director and an adjunct professor of the Center of Innovation Design and Entrepreneurship of the School of Management and Economics of The Chinese University of Hong Kong, Shenzhen. Mr. Lam served as a part-time member of the Central Policy Unit of the Government of the Hong Kong Special Administrative Region from 2011 to 2012. Mr. Lam served as an executive director of Bonjour Holdings Limited (stock code: 653) from July 2020 to December 2020 and an independent non-executive director of Aidigong Maternal & Child Health Limited (stock code: 286) from March 2016 to December 2022, the shares of both of which are listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). Mr. Lam is currently an independent non-executive director of each of Wai Hung Group Holdings Limited (stock code: 3321), Alco Holdings Limited (stock code: 328), MTT Group Holdings Limited (stock code: 2350) and Space Group Holdings Limited (stock code: 2448), the shares of all of which are listed on the Main Board of the Stock Exchange. After the appointment of Mr. Lam, the composition of Board committees shall be as follows: Audit Committee: Ms. Lui Choi Yiu Angela (Chairman), Mr. Leung Sui Chung, Mr. Siu Chun Pong Raymond, Mr. Lam Chi Wing. Remuneration Committee: Mr. Leung Sui Chung (Chairman), Mr. Liu Chi Ching, Ms. Lui Choi Yiu Angela, Mr. Siu Chun Pong Raymond and Mr. Lam Chi Wing. Nomination Committee: Dr. Hooy Kok Wai (Chairman), Ms. Lui Choi Yiu AngelaMr. Leung Sui Chung, Mr. Siu Chun Pong Raymond and Mr. Lam Chi Wing. Reported Earnings • Nov 19
First half 2023 earnings released: HK$0.005 loss per share (vs HK$0.001 loss in 1H 2022) First half 2023 results: HK$0.005 loss per share (further deteriorated from HK$0.001 loss in 1H 2022). Revenue: HK$68.7m (flat on 1H 2022). Net loss: HK$8.09m (loss widened 489% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
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. No highly experienced directors. Vice Chairman of the Board Chi Ching Liu is the most experienced director on the board, commencing their role in 2016. 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 • Nov 05
China Wantian Holdings Limited to Report First Half, 2023 Results on Nov 18, 2022 China Wantian Holdings Limited announced that they will report first half, 2023 results on Nov 18, 2022 Board Change • Nov 01
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. No highly experienced directors. Vice Chairman of the Board Chi Ching Liu is the most experienced director on the board, commencing their role in 2016. 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 • Oct 22
China Wantian Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended September 30, 2022 China Wantian Holdings Limited provided unaudited consolidated earnings guidance for the six months ended September 30, 2022. The company it is expected that the Group will record a net loss of approximately HKD 8 million for the six months ended 30 September 2022 (the "Reporting Period") as compared to a net loss of approximately HKD 1.4 million for the six months ended 30 September 2021. Board Change • Oct 02
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. No highly experienced directors. Vice Chairman of the Board Chi Ching Liu is the most experienced director on the board, commencing their role in 2016. 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 • Sep 23
China Wantian Holdings Limited Appoints Lui Choi Yiu Angela as Independent Non-Executive Director, Chairman of Audit Committee, Member of Each of Nomination Committee and Remuneration Committee The board (the "Board") of directors (the "Director(s)") of China Wantian Holdings Limited (the "Company", together with its subsidiaries, the "Group") announced that Ms. Lui Choi Yiu Angela ("Ms. Lui") has been appointed as an independent non-executive Director, the chairman of the audit committee of the Company (the "Audit Committee") and a member of each of the nomination committee (the "Nomination Committee") and the remuneration committee of the Company (the "Remuneration Committee") with effect from 22 September 2022. The biographical details of Ms. Lui are set out as follows: Ms. Lui, aged 48, holds a bachelor of science degree in accounting from Azusa Pacific University in California, USA and a postgraduate diploma in corporate administration from The Hong Kong Polytechnic University. She is currently a member of each of the American Institute of Certified Public Accountants, the Hong Kong Institute of Certified Public Accountants, the Institute of Public Accountants in Australia and the Institute of Financial Accountants in the United Kingdom. Ms. Lui has over 3 years of audit experience in an international certified public accounting firm and over 20 years of experience in corporate management, company secretarial matters, accounting and finance of listed companies in Hong Kong. She served as the chief financial officer of Mason Group Holdings Limited, the shares of which are listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (stock code: 273) from February 2016 to April 2020, and was an executive director and the company secretary of the company from April 2016 to April 2020 and from September 2016 to January 2020, respectively. Ms. Lui is currently the deputy chief financial officer of AGBA Management Company Limited. Ms. Lui has entered into a letter of appointment with the Company for a term of three years commencing from the date of her appointment, subject to retirement and re-election in accordance with the articles of association of the Company. She is entitled to an annual remuneration of HKD 156,000, which is determined by the Board and the recommendation of the Remuneration Committee based on her respective qualification, experience, responsibilities with the Company and the prevailing market rate. After the appointment of Ms. Lui, the composition of Board committees shall be as follows: Audit Committee: Ms. Lui Choi Yiu Angela (Chairman), Mr. Leung Sui Chung, Mr. Siu Chun Pong Raymond. Remuneration Committee: Mr. Leung Sui Chung (Chairman), Mr. Liu Chi Ching, Ms. Lui Choi Yiu Angela, Mr. Siu Chun Pong Raymond. Nomination Committee: Mr. Hooy Kok Wai (Chairman), Ms. Lui Choi Yiu Angela, Mr. Leung Sui Chung, Mr. Siu Chun Pong Raymond. Board Change • Sep 21
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Vice Chairman of the Board Chi Ching Liu is the most experienced director on the board, commencing their role in 2016. Independent Non-Executive Director Raymond Siu 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 experienced directors. Announcement • Sep 20
China Wantian Holdings Limited Announces Retirement of Ng Ki Man as Independent Non-Executive Director, Chairman of Audit Committee and Member of Each of Nomination and Remuneration Committee China Wantian Holdings Limited announced that Mr. Ng Ki Man ("Mr. Ng") retired by rotation from the office of independent non-executive Director in accordance with the Articles of Association with effect from the conclusion of the AGM. Following his retirement, with effect from the conclusion of the AGM held on September 19, 2022, Mr. Ng ceased to be the chairman of the audit committee of the Company (the "Audit Committee"), and a member of each of the nomination committee and the remuneration committee of the Company. Announcement • Jul 21
China Wantian Holdings Limited, Annual General Meeting, Sep 19, 2022 China Wantian Holdings Limited, Annual General Meeting, Sep 19, 2022, at 11:00 China Standard Time. Location: Suite 2106A, 21/F, Exchange Tower,33 Wang Chiu Road Kowloon Bay Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors (the Directors) and the auditor of the Company for the year ended 31 March 2022; to re-elect Mr. Liu Chi Ching as an executive Director; to re-elect Mr. Zhong Xueyong as an executive Director; to authorize the board of Directors (the Board) to fix the Directors' remuneration; to re-appoint BDO Limited as the auditor of the Company and to authorize the Board to fix its remuneration; and to discuss other matters. Reported Earnings • Jun 29
Full year 2022 earnings released: HK$0.008 loss per share (vs HK$0.007 loss in FY 2021) Full year 2022 results: HK$0.008 loss per share (down from HK$0.007 loss in FY 2021). Revenue: HK$127.7m (up 20% from FY 2021). Net loss: HK$11.0m (loss widened 33% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Announcement • Jun 16
China Wantian Holdings Limited to Report Fiscal Year 2022 Final Results on Jun 28, 2022 China Wantian Holdings Limited announced that they will report fiscal year 2022 final results on Jun 28, 2022 Board Change • Nov 01
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. No highly experienced directors. Independent Non-Executive Director Ki Man Ng is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Executive Departure • Oct 01
Independent Non-Executive Director On Lei Li has left the company On the 29th of September, On Lei Li's tenure as Independent Non-Executive Director ended after 5.0 years in the role. We don't have any record of a personal shareholding under On Lei's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.25 years. Executive Departure • Oct 01
Non-Executive Director Chung Yeung Wong has left the company On the 29th of September, Chung Yeung Wong's tenure as Non-Executive Director ended after 5.3 years in the role. We don't have any record of a personal shareholding under Chung Yeung's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 5.25 years. Reported Earnings • Aug 04
Full year 2021 earnings released: HK$0.007 loss per share (vs HK$0.004 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: HK$106.7m (down 31% from FY 2020). Net loss: HK$8.24m (loss widened 74% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 24
Full year 2021 earnings released: HK$0.007 loss per share (vs HK$0.004 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: HK$106.7m (down 31% from FY 2020). Net loss: HK$8.24m (loss widened 74% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Announcement • Apr 18
Goal Forward Holdings Limited Provides Earnings Guidance for Eleven Months Ended 28 February 2021 Goal Forward Holdings Limited provided earnings guidance for eleven months ended 28 February 2021. Based on a preliminary review on the unaudited consolidated management accounts of the Group for the eleven months ended 28 February 2021 and information currently available to the Board, the Group recorded a loss of approximately HKD 3.6 million for the eleven months ended 28 February 2021 as compared to a loss of approximately HKD 1.2 million before professional fees for transfer of listing for the corresponding period in 2020. The Board considers that the increase in net loss was primarily attributable to lower revenue and gross profit resulted from weakening consumer sentiment, adversity in general catering business environment and the dine in restrictions imposed to the catering sector due to the outbreak of novel coronavirus (COVID-19), which led to lower demand of food supply by the Group. The net loss was partially offset by the government grants received by the Group in the amount of approximately HKD 3.9 million during the period. Announcement • Nov 11
Goal Forward Holdings Limited to Report First Half, 2021 Results on Nov 24, 2020 Goal Forward Holdings Limited announced that they will report first half, 2021 results on Nov 24, 2020 