Announcement • May 01
Goldstream Investment Limited, Annual General Meeting, Jun 03, 2026 Goldstream Investment Limited, Annual General Meeting, Jun 03, 2026, at 14:00 China Standard Time. Location: suite 7008, 70/f, two international finance centre, 8 finance street, central, Hong Kong New Risk • Apr 24
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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 01
Full year 2025 earnings released: HK$0.034 loss per share (vs HK$0.27 profit in FY 2024) Full year 2025 results: HK$0.034 loss per share (down from HK$0.27 profit in FY 2024). Revenue: HK$137.0m (flat on FY 2024). Net loss: HK$8.78m (down 113% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Mar 18
Goldstream Investment Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Goldstream Investment Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 New Risk • Mar 15
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: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$780.5m market cap, or US$99.7m). Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to HK$3.40, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 20x in the Capital Markets industry in Hong Kong. Total returns to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$3.60, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 21x in the Capital Markets industry in Hong Kong. Total returns to shareholders of 57% over the past three years. Announcement • Jan 02
Goldstream Investment Limited Announces Resignation of Independent Non-Executive Director and Changes in Board Committee Composition, Effective December 31, 2025 Goldstream Investment Limited (together with its subsidiaries, the Group) announced that Mr. Lee Kin Ping Christophe has resigned as an independent non-executive director and has ceased to be a member of both the remuneration committee and the audit committee of the Company with effect from 31 December 2025 due to his other business commitments. Mr. Lee has confirmed that he has no disagreement with the Board and is not aware of any matters in relation to his resignation that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board further announces that, effective from 31 December 2025, changes have been made to the composition of the board committees, whereby Mr. Shu Wa Tung Laurence has ceased to be a member of the nomination committee and has been appointed as a member of the remuneration committee, while Ms. Ge Xin has been appointed as a member of both the audit committee and the nomination committee. New Risk • Dec 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$754.9m (US$97.0m) 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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$754.9m market cap, or US$97.0m). Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$2.94, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 19x in the Capital Markets industry in Hong Kong. Total returns to shareholders of 3.2% over the past three years. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to HK$3.85, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 21x in the Capital Markets industry in Hong Kong. Total returns to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to HK$4.50, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 24x in the Capital Markets industry in Hong Kong. Total returns to shareholders of 109% over the past three years. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$6.10, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 24x in the Capital Markets industry in Hong Kong. Total returns to shareholders of 177% over the past three years. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to HK$6.88, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 25x in the Capital Markets industry in Hong Kong. Total returns to shareholders of 165% over the past three years. Reported Earnings • Aug 31
First half 2025 earnings released: EPS: HK$0.11 (vs HK$0.20 in 1H 2024) First half 2025 results: EPS: HK$0.11 (down from HK$0.20 in 1H 2024). Revenue: HK$47.9m (down 26% from 1H 2024). Net income: HK$29.3m (down 39% from 1H 2024). Profit margin: 61% (down from 74% in 1H 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$10.18, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 32x in the Capital Markets industry in Hong Kong. Total returns to shareholders of 316% over the past three years. Announcement • Aug 09
Goldstream Investment Limited to Report Q2, 2025 Results on Aug 27, 2025 Goldstream Investment Limited announced that they will report Q2, 2025 results on Aug 27, 2025 Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$12.50, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 29x in the Capital Markets industry in Hong Kong. Total returns to shareholders of 238% over the past three years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$1.99, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 23x in the Capital Markets industry in Hong Kong. Total loss to shareholders of 50% over the past three years. Announcement • May 13
Goldstream Investment Limited, Annual General Meeting, Jun 05, 2025 Goldstream Investment Limited, Annual General Meeting, Jun 05, 2025, at 14:00 China Standard Time. Location: suite 7008, 70/f, two international finance centre, 8 finance street, central., Hong Kong New Risk • Apr 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$10.0m (US$1.29m) This is considered a major 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 Risk Market cap is less than US$10m (HK$10.0m market cap, or US$1.29m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: HK$0.005 (vs HK$0.004 in FY 2023) Full year 2024 results: EPS: HK$0.005 (up from HK$0.004 in FY 2023). Revenue: HK$137.4m (up 51% from FY 2023). Net income: HK$67.4m (up 45% from FY 2023). Profit margin: 49% (down from 51% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Mar 13
Goldstream Investment Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Goldstream Investment Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Sep 25
First half 2024 earnings released: EPS: HK$0.004 (vs HK$0.003 in 1H 2023) First half 2024 results: EPS: HK$0.004 (up from HK$0.003 in 1H 2023). Revenue: HK$66.5m (up 34% from 1H 2023). Net income: HK$47.7m (up 31% from 1H 2023). Profit margin: 72% (down from 74% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Aug 09
Goldstream Investment Limited to Report First Half, 2024 Results on Aug 28, 2024 Goldstream Investment Limited announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$731.4m (US$94.0m) 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 Risk Share price has been highly volatile over the past 3 months (46% average weekly change). Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (HK$731.4m market cap, or US$94.0m). New Risk • May 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 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: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (HK$538.9m market cap, or US$69.1m). New Risk • May 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% 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: Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (HK$436.3m market cap, or US$55.8m). Announcement • Apr 28
Goldstream Investment Limited, Annual General Meeting, Jun 05, 2024 Goldstream Investment Limited, Annual General Meeting, Jun 05, 2024, at 11:00 China Standard Time. Location: Suite 7008,70/F, Two International Finance Centre 8 Finance Street, Central, Hong Kong Central Hong Kong Agenda: To receive and consider the audited consolidated financial statements of the Company and its subsidiaries for the year ended 31 December 2023 and the reports of the directors of the Company and auditors of the Company for the year ended 31 December 2023; to re-elect the PricewaterhouseCoopers as auditors of the Company and to authorise the board of directors of the Company to fix their remuneration; to re-elect Mr. Gao Ziqi as executive Director; to authorise the Board to fix the remuneration of the Directors; to grant a general mandate to the directors to allot, issue and deal with the Shares and/or to resell treasury shares of the Company; and to consider other business matters. Reported Earnings • Mar 27
Full year 2023 earnings released: EPS: HK$0.004 (vs HK$0.007 loss in FY 2022) Full year 2023 results: EPS: HK$0.004 (up from HK$0.007 loss in FY 2022). Net income: HK$46.4m (up HK$127.4m from FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Mar 15
Goldstream Investment Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 Goldstream Investment Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 Reported Earnings • Sep 04
First half 2023 earnings released: EPS: HK$0.003 (vs HK$0.005 loss in 1H 2022) First half 2023 results: EPS: HK$0.003 (up from HK$0.005 loss in 1H 2022). Net income: HK$36.4m (up HK$96.9m from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • Aug 18
Goldstream Investment Limited to Report First Half, 2023 Results on Aug 31, 2023 Goldstream Investment Limited announced that they will report first half, 2023 results on Aug 31, 2023 Reported Earnings • Mar 29
Full year 2022 earnings released: HK$0.007 loss per share (vs HK$0.005 loss in FY 2021) Full year 2022 results: HK$0.007 loss per share (further deteriorated from HK$0.005 loss in FY 2021). Net loss: HK$81.0m (loss widened 46% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. 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. 2 experienced directors. No highly experienced directors. Executive Chairman of the Board John Zhao is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 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. 2 experienced directors. No highly experienced directors. Executive Chairman of the Board John Zhao is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 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. 2 experienced directors. No highly experienced directors. Executive Chairman of the Board John Zhao is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 31
First half 2022 earnings released: HK$0.005 loss per share (vs HK$0 in 1H 2021) First half 2022 results: HK$0.005 loss per share (down from HK$0 in 1H 2021). Net loss: HK$60.5m (down HK$64.8m from profit in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Aug 20
Goldstream Investment Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Goldstream Investment Limited provides earnings guidance for the six months ended 30 June 2022. It is expected that the Group will record a loss attributable to equity holders of the Company in the amount of no more than HKD 16 million for the Period as compared to a profit attributable to equity holders of the Company of approximately HKD 4.3 million for the six months ended 30 June 2021. Announcement • Aug 16
Goldstream Investment Limited to Report First Half, 2022 Results on Aug 29, 2022 Goldstream Investment Limited announced that they will report first half, 2022 results on Aug 29, 2022 Board Change • Jun 07
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. Executive Chairman of the Board & CEO John Zhao is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 23
Goldstream Investment Limited Appoints Tam Terry Sze Ying as Non-Executive Director and a Member of the Remuneration Committee The board of directors of Goldstream Investment Limited announced that Mr. Tam Terry Sze Ying has been appointed as non-executive Director and a member of the remuneration committee of the Company, with effect from 22 April 2022. Mr. Tam Terry Sze Ying is a managing director and chief financial officer of Hony Capital Limited. Reported Earnings • Apr 03
Full year 2021 earnings released: HK$0.005 loss per share (vs HK$0.002 profit in FY 2020) Full year 2021 results: HK$0.005 loss per share (down from HK$0.002 profit in FY 2020). Net loss: HK$55.5m (down 422% from profit in FY 2020). 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 3% per year, which means it is significantly lagging earnings. Announcement • Apr 01
Goldstream Investment Limited Announces Executive Resignation, with Effect from March 31, 2022 Goldstream Investment Limited announced that Ms. Li Yin has tendered her resignation as executive Director of the Company, and Mr. Yuan Bing has tendered his resignation as executive Director and a member of the Remuneration Committee of the Company, both with effect from March 31, 2022 due to their other business commitments. Announcement • Feb 16
Goldstream Investment Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2021 The board of directors of the Goldstream Investment Limited announced that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2021 and other currently available information, the Group expects to record a net profit of approximately SGD 7 million, as compared to a net loss of approximately SGD 20.26 million in the corresponding year. Announcement • Jan 30
Goldstream Investment Limited Announces Management Changes The board of directors of Goldstream Investment Limitedannounced that Ms. Chan Wai Ching has tendered herresignation as the company secretary of the Company and one of the authorised representatives with effect from 28 January2022. Following the resignation of Ms. Chan, the Board announced that in replacementof Ms. Chan, Ms. Lai Janette Tin Yun (Ms. Lai) has been appointed as the CompanySecretary, the Authorised Representative and the Process Agent with effect from 28 January2022. Ms. Lai has over 10 years of experience in the corporate secretarial field and has beenproviding professional corporate services to Hong Kong listed companies as well as multinational, private and offshore companies. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS HK$0.002 (vs HK$0.003 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$393.9m (up 25% from FY 2019). Net income: HK$17.3m (up HK$56.1m from FY 2019). Profit margin: 4.4% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Announcement • Mar 20
Goldstream Investment Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 Goldstream Investment Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Announcement • Mar 02
Goldstream Investment Limited to Report Fiscal Year 2020 Results on Mar 11, 2021 Goldstream Investment Limited announced that they will report fiscal year 2020 results on Mar 11, 2021 Reported Earnings • Sep 30
First half earnings released Over the last 12 months the company has reported total losses of HK$35.5m, with losses narrowing by 1.9% from the prior year. Total revenue was HK$351.3m over the last 12 months, up 26% from the prior year. Announcement • Aug 22
Goldstream Investment Limited to Report First Half, 2020 Results on Aug 28, 2020 Goldstream Investment Limited announced that they will report first half, 2020 results on Aug 28, 2020 