Reported Earnings • Mar 26
Full year 2025 earnings released: EPS: HK$0.055 (vs HK$0.008 in FY 2024) Full year 2025 results: EPS: HK$0.055 (up from HK$0.008 in FY 2024). Revenue: HK$93.7m (up 318% from FY 2024). Net income: HK$52.8m (up HK$46.1m from FY 2024). Profit margin: 56% (up from 30% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Announcement • Mar 25
Well Link Securities Holdings Limited, Annual General Meeting, Jun 12, 2026 Well Link Securities Holdings Limited, Annual General Meeting, Jun 12, 2026, at 10:00 China Standard Time. New Risk • Mar 17
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 High level of non-cash earnings (27% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Revenue is less than US$5m (HK$32m revenue, or US$4.1m). Market cap is less than US$100m (HK$268.8m market cap, or US$34.3m). Announcement • Mar 06
Well Link Securities Holdings Limited to Report Fiscal Year 2025 Results on Mar 24, 2026 Well Link Securities Holdings Limited announced that they will report fiscal year 2025 results on Mar 24, 2026 Reported Earnings • Sep 04
First half 2025 earnings released: EPS: HK$0.008 (vs HK$0.001 loss in 1H 2024) First half 2025 results: EPS: HK$0.008 (up from HK$0.001 loss in 1H 2024). Revenue: HK$14.7m (up 173% from 1H 2024). Net income: HK$8.01m (up HK$9.14m from 1H 2024). Profit margin: 55% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Aug 12
Well Link Securities Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 Well Link Securities Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jul 11
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 18% 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 (18% average weekly change). High level of non-cash earnings (54% accrual ratio). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$22m revenue, or US$2.9m). Market cap is less than US$100m (HK$220.8m market cap, or US$28.1m). New Risk • May 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 Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (54% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$22m revenue, or US$2.9m). Market cap is less than US$100m (HK$130.6m market cap, or US$16.8m). New Risk • Mar 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (421% net debt to equity). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$18m revenue, or US$2.3m). Market cap is less than US$100m (HK$145.0m market cap, or US$18.6m). Announcement • Mar 28
Well Link Securities Holdings Limited, Annual General Meeting, Jun 13, 2025 Well Link Securities Holdings Limited, Annual General Meeting, Jun 13, 2025. Announcement • Mar 12
Well Link Securities Holdings Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Well Link Securities Holdings Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 Board Change • Jan 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. No experienced directors. No highly experienced directors. Executive Chairman Wenxia Xu is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Dec 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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 High level of debt (421% net debt to equity). Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Revenue is less than US$5m (HK$18m revenue, or US$2.3m). Market cap is less than US$100m (HK$189.1m market cap, or US$24.4m). Announcement • Dec 19
Well Link Securities Holdings Limited Announces Board Changes The board of directors of Well Link Securities Holdings Limited announced that on 16 December 2024, after trading hours, Mr. Li Jun, an independent non-executive director of the Company, has tendered his resignation from 16 December 2024, with immediate effect due to his personal reasons to devote more time in other business. Mr. Li Jun has confirmed that he has no disagreement with the Board and there is no matter in respect of his resignation that need to be brought to the attention of the Shareholders and the Stock Exchange. The Board would like to take this opportunity to express its appreciation to Mr. Li Jun for his invaluable contribution to the Company during his tenure of services. The Board announced that on 16 December 2024, after trading hours, The Hon. Ip Kwok Him, G.B.M., G.B.S., J.P., has been appointed as an independent non-executive director of the Company with immediate effect. The Hon. Ip Kwok Him, G.B.M., G.B.S., J.P., aged 74, is currently chairman of Hon Wah Education Organization, the Deputy Chairman of The Private Columbaria Licensing Board and the Party Affairs Advisor to the Democratic Alliance for Betterment and Progress of Hong Kong. The Hon. IP Kwok Him, G.B.M., G.B.S., J.P. was awarded the Grand Bauhinia Medal in 2017 and the Gold Bauhinia Star in 2004. The Hon. IP Kwok Him, G.B.M., G.B.S., J.P. was the Hong Kong SAR Deputy to the 10th13th National People's Congress of People's Republic of China, member of the Hong Kong Executive Council from 20162022, and member of the Hong Kong Legislative Council from 19951997, 20002004 and 20082016. The Hon. IP Kwok Him, G.B.M., G.B.S., J.P. is an independent non-executive director of Xinyi Energy Holdings Limited (stock code: 03868) and ICO Group Limited (stock code: 01460), both are companies listed on the main board of the Stock Exchange. With effect from 16 December 2024, Mr. Li Jun will resign as a member of the audit committee of the Company and The Hon. IP Kwok Him, G.B.M., G.B.S., J.P. will be appointed as member of the Audit Committee. Reported Earnings • Oct 05
First half 2024 earnings released: HK$0.001 loss per share (vs HK$0.003 profit in 1H 2023) First half 2024 results: HK$0.001 loss per share (down from HK$0.003 profit in 1H 2023). Revenue: HK$5.39m (down 47% from 1H 2023). Net loss: HK$1.12m (down 150% from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Sep 04
Well Link Securities Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 40 million. Well Link Securities Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 40 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 160,000,000
Price\Range: HKD 0.25
Discount Per Security: HKD 0.012
Transaction Features: Subsequent Direct Listing Announcement • Aug 12
Well Link Securities Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 Well Link Securities Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Mar 29
Well Link Securities Holdings Limited, Annual General Meeting, Jun 14, 2024 Well Link Securities Holdings Limited, Annual General Meeting, Jun 14, 2024, at 10:00 China Standard Time. Announcement • Mar 08
Well Link Securities Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Well Link Securities Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Feb 05
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 High level of debt (3,816% net debt to equity). Large one-off items impacting financial results. Significant insider selling over the past 3 months (HK$37m sold). Revenue is less than US$5m (HK$22m revenue, or US$2.8m). Market cap is less than US$100m (HK$216.0m market cap, or US$27.6m). Board Change • Nov 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Simon Siu was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 18
Third quarter 2023 earnings released: EPS: HK$0.009 (vs HK$0.002 loss in 3Q 2022) Third quarter 2023 results: EPS: HK$0.009 (up from HK$0.002 loss in 3Q 2022). Revenue: HK$11.9m (up HK$10.4m from 3Q 2022). Net income: HK$6.84m (up HK$8.70m from 3Q 2022). Profit margin: 57% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. 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 21% per year, which means it is significantly lagging earnings growth. Announcement • Nov 17
Excalibur Global Financial Holdings Limited Announces Redesignation of Lam Ka Tai as a Non-Executive Director Excalibur Global Financial Holdings Limited announced that With effect from 16 November 2023, Mr. Lam Ka Tai ("Mr. Lam"), who is currently a member of each of the audit committee and nomination committee of the Company and was an independent non-executive Director and the chairman of the remuneration committee of the Company (the "Remuneration Committee"), has been re-designated as a non-executive Director (the "Re-designation"), as he ceased to be independent of the Company and its connected person upon Completion due to his engagement as a director of Well Link Financial Holdings Europe Limited, a company controlled by Mr. Xu Chujia, who beneficially owns 97% of the Offeror and indirectly interested in 559,504,000 Shares after the Completion, representing approximately 69.94% of the total issued share capital of the Company. With effect from 16 November 2023 and following the Re-designation, Mr. Lam also ceased to be the chairman of the Remuneration Committee and be re-designated as a member of the Remuneration Committee. In replacement of Mr. Lam and in compliance with Rule 5.34 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited, Mr. Chin Kam Cheung has been re-designated as the chairman of the Remuneration Committee. Mr. Lam Ka Tai, aged 67, was appointed as independent non-executive Director in June 2021 and was the Chief Strategy Officer of AMTD Group from October 2017 to December 2019. Prior to joining AMTD Group, he worked in the Government of the HKSAR for the period from May 1987 to November 2017 with the last position as an Assistant Commissioner of Insurance (General Business), and Ernst and Young for the period from July 1980 to May 1987 with the last position as an Assistant Manager. Mr. Lam has extensive experience in financial services. Mr. Lam is a Fellow of the Hong Kong Institute of Certified Public Accountants, Fellow of the Association of Chartered Certified Accountants (UK) and Fellow of the Chartered Insurance Institute (UK). He also obtained an Executive Master of Business Administration from the Chinese University of Hong Kong in 2000. Following the Re-designation, Mr. Lam is still entitled to receive a remuneration of HK$120,000 per year as previously determined by the Board with recommendation of the Remuneration Committee after considering a range of factors including his experience and qualifications and will be subject to annual review at a rate to be determined by the Remuneration Committee. Following the Re-designation of Mr. Lam, the Board comprises three executive Directors, one non-executive Director and two independent non-executive Directors. As a result, (i) the number of independent non-executive Directors of the Board fell below the minimum of three independent non-executive Directors required under Rule 5.05(1) of the GEM Listing Rules; and (ii) the nomination committee of the Company (the "Nomination Committee") will not comprise a majority of independent non-executive Directors as required under Rule 5.36A of the GEM Listing Rules. Announcement • Oct 26
Excalibur Global Financial Holdings Limited to Report Q3, 2023 Results on Nov 08, 2023 Excalibur Global Financial Holdings Limited announced that they will report Q3, 2023 results on Nov 08, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: HK$0.005 (vs HK$0.003 loss in 2Q 2022) Second quarter 2023 results: EPS: HK$0.005 (up from HK$0.003 loss in 2Q 2022). Net income: HK$3.94m (up HK$6.23m from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Jul 29
Excalibur Global Financial Holdings Limited to Report First Half, 2023 Results on Aug 09, 2023 Excalibur Global Financial Holdings Limited announced that they will report first half, 2023 results on Aug 09, 2023 Reported Earnings • May 17
First quarter 2023 earnings released: HK$0.002 loss per share (vs HK$0.005 loss in 1Q 2022) First quarter 2023 results: HK$0.002 loss per share (improved from HK$0.005 loss in 1Q 2022). Net loss: HK$1.69m (loss narrowed 55% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year. Reported Earnings • Nov 08
Third quarter 2022 earnings released: HK$0.002 loss per share (vs HK$0.004 loss in 3Q 2021) Third quarter 2022 results: HK$0.002 loss per share (improved from HK$0.004 loss in 3Q 2021). Revenue: HK$1.60m (up 45% from 3Q 2021). Net loss: HK$1.87m (loss narrowed 43% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 07
Second quarter 2022 earnings released: HK$0.003 loss per share (vs HK$0.005 loss in 2Q 2021) Second quarter 2022 results: HK$0.003 loss per share (up from HK$0.005 loss in 2Q 2021). Revenue: HK$1.18m (down 33% from 2Q 2021). Net loss: HK$2.29m (loss narrowed 46% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Jul 26
Excalibur Global Financial Holdings Limited to Report First Half, 2022 Results on Aug 05, 2022 Excalibur Global Financial Holdings Limited announced that they will report first half, 2022 results on Aug 05, 2022 Reported Earnings • May 08
First quarter 2022 earnings released: HK$0.005 loss per share (vs HK$0.008 loss in 1Q 2021) First quarter 2022 results: HK$0.005 loss per share (up from HK$0.008 loss in 1Q 2021). Revenue: HK$1.31m (down 29% from 1Q 2021). Net loss: HK$3.73m (loss narrowed 42% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Apr 08
Excalibur Global Financial Holdings Limited, Annual General Meeting, Jun 09, 2022 Excalibur Global Financial Holdings Limited, Annual General Meeting, Jun 09, 2022, at 15:00 China Standard Time. Location: Unit 3711, 37/F, West Tower, Shun Tak Centre, 168-200 Connaught Road Central, Sheung Wan Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and independent auditor for the year ended 31 December 2021; to re-elect Ms. Lee Mei Chun as an executive director of the Company; to re-elect Mr. Siu Miu Man, M.H. as an independent non-executive director of the Company; to authorize the board of directors of the Company to fix the remuneration of directors of the Company; and to discuss other matters. Reported Earnings • Apr 01
Full year 2021 earnings released: HK$0.025 loss per share (vs HK$0.027 loss in FY 2020) Full year 2021 results: HK$0.025 loss per share (up from HK$0.027 loss in FY 2020). Revenue: HK$6.01m (down 38% from FY 2020). Net loss: HK$20.2m (loss narrowed 7.3% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 06
Third quarter 2021 earnings released: HK$0.004 loss per share (vs HK$0.007 loss in 3Q 2020) The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: HK$1.13m (down 55% from 3Q 2020). Net loss: HK$3.26m (loss narrowed 41% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2021 earnings released: HK$0.005 loss per share (vs HK$0.003 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: HK$1.78m (down 39% from 2Q 2020). Net loss: HK$4.20m (loss widened 77% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Board Change • Jul 31
High number of new directors Independent Non-Executive Director Ka Tai Lam was the last director to join the board, commencing their role in 2021. Executive Departure • Jun 15
Independent Non-Executive Director Wayne Wu-yee Ang has left the company On the 11th of June, Wayne Wu-yee Ang's tenure as Independent Non-Executive Director ended after 3.5 years in the role. We don't have any record of a personal shareholding under Wayne Wu-yee's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.79 years. Executive Departure • Jun 15
Executive Director Ying Leung Chan has left the company On the 11th of June, Ying Leung Chan's tenure as Executive Director ended. As of March 2021, Ying Leung still personally held 288.00m shares (HK$45m worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.79 years. Reported Earnings • May 09
First quarter 2021 earnings released: HK$0.008 loss per share (vs HK$0.006 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: HK$1.92m (down 41% from 1Q 2020). Net loss: HK$6.46m (loss widened 38% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 27
Full year 2020 earnings released: HK$0.027 loss per share (vs HK$0.021 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: HK$12.1m (down 36% from FY 2019). Net loss: HK$21.7m (loss widened 32% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Mar 13
Excalibur Global Financial Holdings Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Excalibur Global Financial Holdings Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Is New 90 Day High Low • Feb 23
New 90-day high: HK$0.21 The company is up 55% from its price of HK$0.14 on 25 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 22% over the same period. Announcement • Aug 07
Excalibur Global Financial Holdings Limited Not to Declare Dividend for the Period Ended June 30, 2020 The Board of Directors of Excalibur Global Financial Holdings Limited did not declare payment of dividend for the period ended June 30, 2020 compared to 0.1 HK cents per share a year ago. Announcement • Jul 25
Excalibur Global Financial Holdings Limited to Report First Half, 2020 Results on Aug 06, 2020 Excalibur Global Financial Holdings Limited announced that they will report first half, 2020 results on Aug 06, 2020 
