Board Change • Jul 06
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Pengliang Song was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 25
Huanxi Media Group Limited Announces Appointment of Song Pengliang as Independent Non-Executive Director Huanxi Media Group Limited had announced the appointment of Mr. Song Pengliang as an independent non-executive Director. Announcement • May 20
Huanxi Media Group Limited has filed a Follow-on Equity Offering in the amount of HKD 201.10598 million. Huanxi Media Group Limited has filed a Follow-on Equity Offering in the amount of HKD 201.10598 million.
Security Name: Ordibnary Shares
Security Type: Common Stock
Securities Offered: 731,294,472
Price\Range: HKD 0.275
Transaction Features: Subsequent Direct Listing Announcement • Apr 30
Huanxi Media Group Limited, Annual General Meeting, Jun 09, 2026 Huanxi Media Group Limited, Annual General Meeting, Jun 09, 2026, at 11:00 China Standard Time. Location: strategic financial relations limited, 24/f, admiralty centre i, 18 harcourt road, Hong Kong New Risk • Apr 23
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: Major Risk Earnings have declined by 4.0% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Apr 22
Huanxi Media Group Limited has completed a Follow-on Equity Offering in the amount of HKD 218.2914 million. Huanxi Media Group Limited has completed a Follow-on Equity Offering in the amount of HKD 218.2914 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 727,638,000
Price\Range: HKD 0.3
Security Features: Attached Warrants New Risk • Apr 02
New major risk - Revenue and earnings growth Earnings have declined by 4.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 02
Full year 2025 earnings released: HK$0.14 loss per share (vs HK$0.071 loss in FY 2024) Full year 2025 results: HK$0.14 loss per share (further deteriorated from HK$0.071 loss in FY 2024). Revenue: HK$342.1m (up HK$307.9m from FY 2024). Net loss: HK$498.3m (loss widened 91% from FY 2024). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 33 percentage points per year, which is a significant difference in performance. Announcement • Mar 18
Huanxi Media Group Limited to Report Fiscal Year 2025 Final Results on Mar 30, 2026 Huanxi Media Group Limited announced that they will report fiscal year 2025 final results at 12:30 PM, China Standard Time on Mar 30, 2026 Announcement • Nov 13
Huanxi Media Group Limited has filed a Follow-on Equity Offering in the amount of HKD 164.541256 million. Huanxi Media Group Limited has filed a Follow-on Equity Offering in the amount of HKD 164.541256 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 548,470,854
Price\Range: HKD 0.3
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 03
First half 2025 earnings released: HK$0.028 loss per share (vs HK$0.024 loss in 1H 2024) First half 2025 results: HK$0.028 loss per share (further deteriorated from HK$0.024 loss in 1H 2024). Revenue: HK$179.9m (up 56% from 1H 2024). Net loss: HK$102.2m (loss widened 15% from 1H 2024). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 32% per year. New Risk • Aug 22
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 17% 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$190m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Significant insider selling over the past 3 months (HK$47m sold). Revenue is less than US$5m (HK$34m revenue, or US$4.4m). New Risk • Aug 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$778.8m (US$99.6m) 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 Less than 1 year of cash runway based on free cash flow trend (-HK$190m free cash flow). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Significant insider selling over the past 3 months (HK$42m sold). Revenue is less than US$5m (HK$34m revenue, or US$4.4m). Market cap is less than US$100m (HK$778.8m market cap, or US$99.6m). Announcement • Aug 09
Huanxi Media Group Limited to Report First Half, 2025 Results on Aug 29, 2025 Huanxi Media Group Limited announced that they will report first half, 2025 results on Aug 29, 2025 Recent Insider Transactions • Jul 22
Executive Chairman recently sold HK$1.0m worth of stock On the 16th of July, Ping Dong sold around 3m shares on-market at roughly HK$0.39 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth HK$2.8m. Ping has been a net seller over the last 12 months, reducing personal holdings by HK$7.3m. Recent Insider Transactions • Jul 09
Executive Chairman recently sold HK$113k worth of stock On the 2nd of July, Ping Dong sold around 300k shares on-market at roughly HK$0.37 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth HK$2.8m. Ping has been a net seller over the last 12 months, reducing personal holdings by HK$6.2m. New Risk • Jun 20
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 Less than 1 year of cash runway based on free cash flow trend (-HK$190m free cash flow). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (HK$6.5m sold). Revenue is less than US$5m (HK$34m revenue, or US$4.4m). Recent Insider Transactions • Jun 17
Executive Chairman recently bought HK$146k worth of stock On the 13th of June, Ping Dong bought around 300k shares on-market at roughly HK$0.49 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Ping has been a net seller over the last 12 months, reducing personal holdings by HK$6.2m. New Risk • Jun 04
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$1.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-HK$190m free cash flow). Minor Risks Significant insider selling over the past 3 months (HK$1.2m sold). Revenue is less than US$5m (HK$34m revenue, or US$4.4m). Recent Insider Transactions • Jun 04
Executive Chairman recently sold HK$1.2m worth of stock On the 29th of May, Ping Dong sold around 3m shares on-market at roughly HK$0.44 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Ping has been a net seller over the last 12 months, reducing personal holdings by HK$1.1m. Announcement • Apr 25
Huanxi Media Group Limited, Annual General Meeting, Jun 24, 2025 Huanxi Media Group Limited, Annual General Meeting, Jun 24, 2025, at 11:00 China Standard Time. Location: strategic financial relations limited, 24/f, admiralty centre i, 18 harcourt road, Hong Kong Recent Insider Transactions • Apr 11
Executive Chairman recently bought HK$55k worth of stock On the 7th of April, Ping Dong bought around 140k shares on-market at roughly HK$0.39 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Ping has been a buyer over the last 12 months, purchasing a net total of HK$143k worth in shares. New Risk • Mar 30
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: HK$34m (US$4.4m) This is considered a minor risk. Companies with a small amount of revenue 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. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 30
Full year 2024 earnings released: HK$0.07 loss per share (vs HK$0.044 profit in FY 2023) Full year 2024 results: HK$0.07 loss per share (down from HK$0.044 profit in FY 2023). Net loss: HK$260.8m (down 264% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Announcement • Mar 14
Huanxi Media Group Limited to Report Q4, 2024 Results on Mar 28, 2025 Huanxi Media Group Limited announced that they will report Q4, 2024 results on Mar 28, 2025 Reported Earnings • Sep 02
First half 2024 earnings released: HK$0.024 loss per share (vs HK$0.11 profit in 1H 2023) First half 2024 results: HK$0.024 loss per share (down from HK$0.11 profit in 1H 2023). Net loss: HK$89.0m (down 122% from profit in 1H 2023). Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Aug 17
Huanxi Media Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2024 Huanxi Media Group Limited provided earnings guidance for the six months ended 30 June 2024. The Group expected to record a net loss of approximately HKD 89 million, as compared to the net profit of approximately HKD 400 million recorded in the corresponding period of last year. Announcement • Aug 09
Huanxi Media Group Limited to Report First Half, 2024 Results on Aug 30, 2024 Huanxi Media Group Limited announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Jul 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 Hong Kong stocks, typically moving 10% 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 (10% average weekly change). Large one-off items impacting financial results. Announcement • Apr 28
Huanxi Media Group Limited, Annual General Meeting, Jun 25, 2024 Huanxi Media Group Limited, Annual General Meeting, Jun 25, 2024, at 11:00 China Standard Time. Location: Strategic Financial Relations Limited, 24/F, Admiralty Centre I, 18 Harcourt Road, Admirality Hong Kong Agenda: To receive and consider the audited financial statements and the reports of the directors (the "Director(s)") and the independent auditor of the Company for the year ended 31 December 2023; To re-elect Mr. Dong Ping, as an executive Director; To re-elect Ms. Li Ni as a non-executive Director; To re-elect Mr. Wong Tak Chuen, who has served the Company as an independent non-executive Director for more than nine years, as an independent non-executive Director; and to discuss other matters. New Risk • Apr 15
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 Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Buy Or Sell Opportunity • Apr 11
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 3.0% to HK$0.68. The fair value is estimated to be HK$0.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 60% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: HK$0.04 (vs HK$0.061 loss in FY 2022) Full year 2023 results: EPS: HK$0.04 (up from HK$0.061 loss in FY 2022). Revenue: HK$1.33b (up HK$1.32b from FY 2022). Net income: HK$159.1m (up HK$380.9m from FY 2022). Profit margin: 12% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Mar 15
Huanxi Media Group Limited to Report Fiscal Year 2023 Final Results on Mar 27, 2024 Huanxi Media Group Limited announced that they will report fiscal year 2023 final results on Mar 27, 2024 Reported Earnings • Aug 22
First half 2023 earnings released: EPS: HK$0.11 (vs HK$0.026 loss in 1H 2022) First half 2023 results: EPS: HK$0.11 (up from HK$0.026 loss in 1H 2022). Revenue: HK$1.39b (up HK$1.38b from 1H 2022). Net income: HK$400.8m (up HK$494.3m from 1H 2022). Profit margin: 29% (up from net loss in 1H 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Aug 09
Huanxi Media Group Limited to Report First Half, 2023 Results on Aug 21, 2023 Huanxi Media Group Limited announced that they will report first half, 2023 results on Aug 21, 2023 Announcement • Jul 12
Huanxi Media Group Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2023 Huanxi Media Group Limited provided consolidated earnings guidance for the six months ended 30 June 2023. For the period, the company expects the revenue for the Period will increase significantly to approximately of HKD 1,400,000,000 (30 June 2022: HKD 14,573,000), sharply increase approximately of 96 times; and to record a turnaround from loss to profit, a net profit for the Period approximately of HKD 400,000,000 (30 June 2022: net loss of HKD 93,579,000). For the corresponding period of previous year, as the operational rate of cinema in China was adversely affected by the pandemic, the Group postponed screenings of some blockbusters invested by the Group, resulting in a decrease in the Group's revenue and recording a loss for the corresponding period of previous year. For the Period, optimising related anti-pandemic works, the film industry has been steadily recovering, the Group can debut its film in cinema circuits as usual, resulting in an increase in the Group's revenue and recording a profit. Reported Earnings • Mar 31
Full year 2022 earnings released: HK$0.06 loss per share (vs HK$0.065 loss in FY 2021) Full year 2022 results: HK$0.06 loss per share (improved from HK$0.065 loss in FY 2021). Net loss: HK$221.8m (loss narrowed 5.8% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jan 03
Executive Chairman recently bought HK$56k worth of stock On the 28th of December, Ping Dong bought around 50k shares on-market at roughly HK$1.11 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$1.8m. Ping has been a buyer over the last 12 months, purchasing a net total of HK$5.2m worth in shares. Recent Insider Transactions • Dec 21
Executive Chairman recently bought HK$69k worth of stock On the 16th of December, Ping Dong bought around 70k shares on-market at roughly HK$0.99 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$1.8m. Ping has been a buyer over the last 12 months, purchasing a net total of HK$4.9m worth in shares. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Hong Wang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 01
First half 2022 earnings released: HK$0.03 loss per share (vs HK$0.028 loss in 1H 2021) First half 2022 results: HK$0.03 loss per share. Net loss: HK$93.6m (loss narrowed 3.7% from 1H 2021). Announcement • Aug 18
Huanxi Media Group Limited to Report First Half, 2022 Results on Aug 30, 2022 Huanxi Media Group Limited announced that they will report first half, 2022 results on Aug 30, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Hong Wang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 03
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: HK$0.07 loss per share (up from HK$0.074 loss in FY 2020). Revenue: HK$158.4m (down 75% from FY 2020). Net loss: HK$235.6m (loss narrowed 1.9% from FY 2020). Revenue missed analyst estimates by 49%. Earnings per share (EPS) exceeded analyst estimates by 75%. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Aug 22
Huanxi Media Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2021 Huanxi Media Group Limited provided earnings guidance for the six months ended 30 June 2021. For the period, the Group expects to record revenue more than HKD 150,000,000 (revenue of approximately HKD 492,000,000 was recorded for the six months ended 30 June 2020) and loss less than HKD 100,000,000 for the six months ended 30 June 2021 (profit of approximately HKD 20,000,000 was recorded for the six months ended 30 June 2020). Based on the latest information available to the Board, loss for the six months ended 30 June 2021 was mainly attributable to the fact that blockbusters invested by the Group were delayed to make debut on cinema screens due to the impact of the Coronavirus Disease 2019 pandemic, and the box office revenue was also affected by the implementation of prevention and control measures, leading to a decrease in the Group's revenue for the period. In addition, the Group continued to optimise and update the contents of the online video platform and increased the production and purchase of film rights, which resulted in an increase in amortised expenses of film rights. However, through the above initiatives, the number of downloads and fee-paying subscribers of "huanxi.com" keep growing, thus achieving the development target of the Group. Announcement • May 07
Huanxi Media Group Limited has completed a Follow-on Equity Offering in the amount of HKD 468.9795 million. Huanxi Media Group Limited has completed a Follow-on Equity Offering in the amount of HKD 468.9795 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 218,130,000
Price\Range: HKD 2.15
Transaction Features: Subsequent Direct Listing Announcement • Apr 29
Huanxi Media Group Limited announced that it expects to receive HKD 468.9795 million in funding Huanxi Media Group Limited (SEHK:1003) announced a private placement of 218,130,000 common shares at an issue price of HKD 2.15 per share for gross proceeds of HKD 468,979,500 on April 27, 2021. The transaction will include participation from not less than six investors. Announcement • Mar 18
Huanxi Media Group Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 Huanxi Media Group Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Announcement • Mar 14
Huanxi Media Group Limited Enters into Strategic Cooperation Agreement with Tianjin Zhirong Chuangxin Technology Development Co., Ltd Huanxi Media Group Limited announced that the group entered into a strategic cooperation agreement with Tianjin Zhirong Chuangxin Technology Development Co., Ltd. in relation to the in-depth collaboration in online video business, through which huanxi.com will land on the LeTV Super TV terminals. Details of the cooperation are summarised as follows: blockbusters and selected films from huanxi.com will be released and recommended through designated zone or in other forms in the LeTV Super TV terminals; huanxi.com membership will be integrated into the All-inclusive Family Member Plan system of LeTV Super TV; and both parties shall share all revenue generated from the cooperation. Announcement • Feb 20
Huanxi Media Group Limited Provides Updates on the Development of the Online Video Platform of "Huanxi.Com" Huanxi Media Group Limited provided shareholders and potential investors with business updates on the development of the Group's online video platform of "huanxi.com" The Company announced that from the Eve to the eighth day of the Lunar New Year, the "huanxi.com" APP (mobile application) has released a series of quality film and television contents during the Spring Festival, including the comedy blockbuster Warm Hug; All Creatures Great and Small a drama with a high rating of 9.3 on Douban; the movie Mr. Xia and Miss. Shang which was broadcasted in cinemas and online channels simultaneously on the Valentine's Day; war blockbuster Advance Wave Upon Wave and Staged a blockbuster drama with a rating of 9.2 on Douban. The new version of the APP of "huanxi.com" was released before the Spring Festival, adding more animation effects and presentation styles, improving the efficiency and dynamics of presentation for the entire page, and pushing more interesting contents to users. Is New 90 Day High Low • Feb 20
New 90-day high: HK$1.88 The company is up 34% from its price of HK$1.40 on 20 November 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 43% over the same period. Is New 90 Day High Low • Jan 29
New 90-day high: HK$1.51 The company is up 11% from its price of HK$1.36 on 30 October 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 17% over the same period. Announcement • Jan 09
Huanxi Media Group Limited Enters into Cooperation Agreements with Juhaokan Technology, Coocaa, Falcon Technology and Xgimi Technology Huanxi Media Group Limited announced that, the Group has entered into cooperation agreements with each of Juhaokan Technology of Hisense TV, Coocaa of Skyworth TV, Falcon Technology of TCL TV and Xgimi Technology, and officially launched the online video business cooperation to set up designated zones for "huanxi.com" on each of the above TV terminals and platforms. Pursuant to the agreements, "huanxi.com" covers the terminals of Hisense TV, Skyworth TV, TCL TV and Xgimi Projector. Selected quality videos on the mobile application (APP) of "huanxi.com" will be broadcast in the designated zones, and revenue from fee-paying subscribers generated from the designated zones will be shared between the Group and the respective contracting parties. Is New 90 Day High Low • Jan 04
New 90-day high: HK$1.45 The company is up 4.0% from its price of HK$1.39 on 06 October 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 1.0% over the same period. Recent Insider Transactions • Dec 05
Chairman of the Board recently bought HK$9.2m worth of stock On the 2nd of December, Ping Dong bought around 8m shares on-market at roughly HK$1.20 per share. This was the largest purchase by an insider in the last 3 months. Ping has been a buyer over the last 12 months, purchasing a net total of HK$26m worth in shares. Is New 90 Day High Low • Dec 02
New 90-day low: HK$1.21 The company is down 20% from its price of HK$1.52 on 03 September 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 11% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: HK$1.33 The company is down 4.0% from its price of HK$1.38 on 04 August 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 8.0% over the same period. Is New 90 Day High Low • Oct 15
New 90-day low: HK$1.34 The company is down 5.0% from its price of HK$1.41 on 17 July 2020. The Hong Kong market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 6.0% over the same period. Reported Earnings • Sep 24
First half earnings released Over the last 12 months the company has reported total losses of HK$196.1m, with losses widening by HK$185.2m from the prior year. Total revenue was HK$237.5m over the last 12 months, down 80% from the prior year. Announcement • Sep 23
Huanxi Media Group Limited announced that it expects to receive HKD 513.007892 million in funding from Bilibili Inc. Huanxi Media Group Limited (SEHK:1003) announced that it has entered into a subscription agreement with new investor Bilibili Inc. (NasdaqGS:BILI) for private placement of 346,626,954 subscription shares at a price of HKD 1.48 per share for gross proceeds of HKD 513,007,891.92 on August 30, 2020. The shares represent (i) approximately 10.99% of the total number of issued shares as at the date of the announcement and (ii) approximately 9.90% of the total issued shares of the enlarged capital. The subscription price of HKD 1.48 per subscription share represents: (i) a premium of approximately 1.37% over the average closing price of approximately HKD 1.46 per share as quoted on the stock exchange for the last five trading days of the shares immediately preceding August 28, 2020; and (ii) a discount of approximately 2.63% over the closing price of HKD 1.52 per share as quoted on the stock exchange on August 28, 2020, being the closing price on the trading day immediately preceding the date of entering into the subscription agreement. The shares issued under the transaction will have a hold period of 6 months from the date of completion of the issuance.
Completion of the subscription is conditional upon the fulfillment of the following conditions: (i) the listing committee of the stock exchange granting listing approval of, and permission to deal in, the subscription shares; and (ii) the cooperation agreement coming into effect. Completion of the subscription will take place within five business days upon which the last of the conditions have been satisfied. The subscription agreement will terminate if the conditions have not been satisfied before September 30, 2020. The consideration for the subscription will be payable by the investor to the company on or before the date of completion of the subscription, the company will receive approximately HKD 511,700,000, post issuance expenses with respect to the transaction. Announcement • Sep 22
Huanxi Media Group Limited Appoints Li Ni as Non-Executive Director The Board of Huanxi Media Group Limited announced that Ms. Li Ni has been appointed as a non-executive Director with effect from 21 September 2020. Ms. Li, 34, has served as the chief operating officer of Bilibili Inc. since November 2014 and vice chairman of the board of directors of Bilibili since January 2015. Announcement • Aug 22
Huanxi Media Group Limited to Report First Half, 2020 Results on Aug 28, 2020 Huanxi Media Group Limited announced that they will report first half, 2020 results on Aug 28, 2020