Buy Or Sell Opportunity • Jun 13
Now 20% undervalued Over the last 90 days, the stock has risen 3.9% to HK$0.79. The fair value is estimated to be HK$0.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 5.4%. New Risk • Jun 10
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 16% 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 (16% average weekly change). Negative equity (-HK$15m). Earnings have declined by 11% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Significant insider selling over the past 3 months (HK$3.7m sold). Market cap is less than US$100m (HK$514.2m market cap, or US$65.6m). Annonce • Jun 05
China In-Tech Limited to Report Fiscal Year 2026 Results on Jun 29, 2026 China In-Tech Limited announced that they will report fiscal year 2026 results on Jun 29, 2026 Board Change • May 30
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 Brian Ma 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 • Apr 23
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 Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-HK$15m). Earnings have declined by 11% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Significant insider selling over the past 3 months (HK$12m sold). Market cap is less than US$100m (HK$393.2m market cap, or US$50.2m). Buy Or Sell Opportunity • Apr 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 43% to HK$0.75. The fair value is estimated to be HK$0.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 5.4%. Buy Or Sell Opportunity • Mar 27
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 50% to HK$0.72. The fair value is estimated to be HK$0.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 5.4%. Buy Or Sell Opportunity • Mar 11
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 53% to HK$0.75. The fair value is estimated to be HK$0.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 5.4%. New Risk • Feb 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$756.2m (US$96.7m) 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 Risks Negative equity (-HK$15m). Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Significant insider selling over the past 3 months (HK$4.7m sold). Market cap is less than US$100m (HK$756.2m market cap, or US$96.7m). Buy Or Sell Opportunity • Feb 09
Now 38% overvalued Over the last 90 days, the stock has fallen 23% to HK$1.30. The fair value is estimated to be HK$0.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Earnings per share has declined by 5.4%. New Risk • Dec 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% 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 Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-HK$15m). Earnings have declined by 11% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). Reported Earnings • Nov 29
First half 2026 earnings released: HK$0.03 loss per share (vs HK$0.039 loss in 1H 2025) First half 2026 results: HK$0.03 loss per share (improved from HK$0.039 loss in 1H 2025). Revenue: HK$43.6m (down 24% from 1H 2025). Net loss: HK$18.9m (loss narrowed 10% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 79% per year, which means it is well ahead of earnings. Annonce • Nov 27
China In-Tech Limited has completed a Follow-on Equity Offering in the amount of HKD 105.3792 million. China In-Tech Limited has completed a Follow-on Equity Offering in the amount of HKD 105.3792 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 117,088,000
Price\Range: HKD 0.9
Transaction Features: Subsequent Direct Listing Annonce • Nov 07
China In-Tech Limited has filed a Follow-on Equity Offering in the amount of HKD 105.3792 million. China In-Tech Limited has filed a Follow-on Equity Offering in the amount of HKD 105.3792 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 117,088,000
Price\Range: HKD 0.9
Transaction Features: Subsequent Direct Listing Annonce • Nov 04
China In-Tech Limited to Report First Half, 2026 Results on Nov 27, 2025 China In-Tech Limited announced that they will report first half, 2026 results on Nov 27, 2025 New Risk • Oct 19
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 Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-HK$5.4m). Earnings have declined by 1.9% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Reported Earnings • Aug 03
Full year 2025 earnings released: HK$0.09 loss per share (vs HK$0.032 loss in FY 2024) Full year 2025 results: HK$0.09 loss per share (further deteriorated from HK$0.032 loss in FY 2024). Revenue: HK$105.8m (down 42% from FY 2024). Net loss: HK$49.7m (loss widened 221% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. New Risk • Jul 01
New major risk - Negative shareholders equity The company has negative equity. Total equity: -HK$5.4m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-HK$5.4m). Earnings have declined by 1.9% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$316.4m market cap, or US$40.3m). Reported Earnings • Jul 01
Full year 2025 earnings released: HK$0.09 loss per share (vs HK$0.032 loss in FY 2024) Full year 2025 results: HK$0.09 loss per share (further deteriorated from HK$0.032 loss in FY 2024). Revenue: HK$105.8m (down 42% from FY 2024). Net loss: HK$49.7m (loss widened 221% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annonce • Jun 30
China In-Tech Limited, Annual General Meeting, Aug 22, 2025 China In-Tech Limited, Annual General Meeting, Aug 22, 2025. Annonce • Jun 09
China In-Tech Limited to Report Fiscal Year 2025 Results on Jun 27, 2025 China In-Tech Limited announced that they will report fiscal year 2025 results on Jun 27, 2025 New Risk • May 04
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 Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Significant insider selling over the past 3 months (HK$3.1m sold). Market cap is less than US$100m (HK$223.7m market cap, or US$28.9m). Annonce • May 01
China In-Tech Limited has completed a Follow-on Equity Offering in the amount of HKD 10.12 million. China In-Tech Limited has completed a Follow-on Equity Offering in the amount of HKD 10.12 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 46,000,000
Price\Range: HKD 0.22
Transaction Features: Subsequent Direct Listing Annonce • Apr 14
China In-Tech Limited has filed a Follow-on Equity Offering in the amount of HKD 10.12 million. China In-Tech Limited has filed a Follow-on Equity Offering in the amount of HKD 10.12 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 46,000,000
Price\Range: HKD 0.22
Transaction Features: Subsequent Direct Listing Annonce • Mar 07
China In-Tech Limited has withdrawn its Follow-on Equity Offering in the amount of HKD 10.35 million. China In-Tech Limited has withdrawn its Follow-on Equity Offering in the amount of HKD 10.35 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 46,000,000
Price\Range: HKD 0.225
Discount Per Security: HKD 0.00675
Transaction Features: Subsequent Direct Listing New Risk • Feb 19
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$2.6m 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 Share price has been highly volatile over the past 3 months (48% average weekly change). Minor Risks Significant insider selling over the past 3 months (HK$2.6m sold). Market cap is less than US$100m (HK$163.1m market cap, or US$21.0m). Annonce • Jan 21
China In-Tech Limited has filed a Follow-on Equity Offering in the amount of HKD 10.35 million. China In-Tech Limited has filed a Follow-on Equity Offering in the amount of HKD 10.35 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 46,000,000
Price\Range: HKD 0.225
Discount Per Security: HKD 0.00675
Transaction Features: Subsequent Direct Listing New Risk • Jan 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% 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 Share price has been highly volatile over the past 3 months (42% average weekly change). Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (HK$93.7m market cap, or US$12.0m). Reported Earnings • Dec 01
First half 2025 earnings released: HK$0.039 loss per share (vs HK$0.019 loss in 1H 2024) First half 2025 results: HK$0.039 loss per share (further deteriorated from HK$0.019 loss in 1H 2024). Revenue: HK$57.2m (down 19% from 1H 2024). Net loss: HK$21.0m (loss widened 152% from 1H 2024). 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 31% per year, which means it is significantly lagging earnings. Annonce • Nov 21
China In-Tech Limited has completed a Follow-on Equity Offering in the amount of HKD 6 million. China In-Tech Limited has completed a Follow-on Equity Offering in the amount of HKD 6 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: HKD 0.1
Transaction Features: Subsequent Direct Listing Annonce • Nov 04
China In-Tech Limited to Report First Half, 2025 Results on Nov 28, 2024 China In-Tech Limited announced that they will report first half, 2025 results on Nov 28, 2024 New Risk • Sep 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$70.9m (US$9.09m) 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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$22m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Market cap is less than US$10m (HK$70.9m market cap, or US$9.09m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Reported Earnings • Jul 25
Full year 2024 earnings released: HK$0.032 loss per share (vs HK$0.10 loss in FY 2023) Full year 2024 results: HK$0.032 loss per share (improved from HK$0.10 loss in FY 2023). Revenue: HK$181.0m (up 7.3% from FY 2023). Net loss: HK$15.5m (loss narrowed 65% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Annonce • Jul 24
China In-Tech Limited, Annual General Meeting, Sep 03, 2024 China In-Tech Limited, Annual General Meeting, Sep 03, 2024. Annonce • Jul 13
China In-Tech Limited to Report Fiscal Year 2024 Results on Jul 24, 2024 China In-Tech Limited announced that they will report fiscal year 2024 results at 4:00 PM, China Standard Time on Jul 24, 2024 New Risk • Jun 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. 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 September 2023 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$144.0m market cap, or US$18.4m). Annonce • Feb 28
China In-Tech Limited Announces Appointment of Zhou Li Yang as Executive Director The board of directors of China In-Tech Limited announced that Mr. Zhou Li Yang is appointed as an executive Director, with effect from 26 February 2024. Mr. Zhou, aged 64, has extensive experience in business management, mergers and acquisitions, project investment and fund management. From 2004 to 2011 and 2013 to 2017, Mr. Zhou served as the executive director, managing director and chief operating officer of CHK Oil Limited (formerly known as Pearl Oriental Oil Limited. Before 2004, he had held managerial positions in listed companies on the stock exchanges of Hong Kong and the United States, including China CITIC Bank International and Tianjin Development Holdings Limited, investment fund and banks involving in the businesses of energy, banking, infrastructure, e-commerce, logistics and pharmaceutics for over ten years. Mr. Zhou also had more than ten years of management experience in government and commerce sectors in People’s Republic of China (the “PRC”). Prior to joining the Company, he was a senior consultant of Asia Glory Capital Limited. Mr. Zhou graduated from the Central South University in the PRC in 1982 with a bachelor’s degree in physics. He also obtained a master’s degree in business/finance from the University of Baltimore in the United States in 1995. Buy Or Sell Opportunity • Feb 01
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to HK$0.35. The fair value is estimated to be HK$0.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 35% over the last 3 years. Earnings per share has declined by 8.8%. Board Change • Dec 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. 3 non-independent directors. Independent Non-Executive Director Brian Ma 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. Reported Earnings • Dec 01
First half 2024 earnings released: HK$0.019 loss per share (vs HK$0.043 loss in 1H 2023) First half 2024 results: HK$0.019 loss per share (improved from HK$0.043 loss in 1H 2023). Revenue: HK$70.2m (down 35% from 1H 2023). Net loss: HK$8.34m (loss narrowed 56% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annonce • Nov 08
China Overseas Nuoxin International Holdings Limited to Report Q2, 2024 Results on Nov 29, 2023 China Overseas Nuoxin International Holdings Limited announced that they will report Q2, 2024 results on Nov 29, 2023 Annonce • Sep 29
China Overseas Nuoxin International Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 24.0647 million. China Overseas Nuoxin International Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 24.0647 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 87,508,000
Price\Range: HKD 0.275
Discount Per Security: HKD 0.018
Transaction Features: Subsequent Direct Listing New Risk • Sep 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: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$154.6m market cap, or US$19.8m). New Risk • Jul 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 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Market cap is less than US$100m (HK$111.4m market cap, or US$14.3m). Annonce • Jul 26
China Overseas Nuoxin International Holdings Limited, Annual General Meeting, Sep 12, 2023 China Overseas Nuoxin International Holdings Limited, Annual General Meeting, Sep 12, 2023. Reported Earnings • Jul 26
Full year 2023 earnings released: HK$0.10 loss per share (vs HK$0.026 loss in FY 2022) Full year 2023 results: HK$0.10 loss per share (further deteriorated from HK$0.026 loss in FY 2022). Revenue: HK$168.7m (down 37% from FY 2022). Net loss: HK$44.4m (loss widened 287% from FY 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Annonce • Jul 22
China Overseas Nuoxin International Holdings Limited Appoints Ma Yu-Heng as Independent Non-Executive Director The board of directors of China Overseas Nuoxin International Holdings Limited announced that Mr. Ma Yu-heng () ("Mr. Ma") is appointed as an independent non-executive Director ("INED"), with effect from 20 July 2023. Mr. Ma, aged 53, has experience in financing, banking and corporate finance for over 25 years. Since March 2022, Mr. Ma has been the independent non-executive director of China Anchu Energy Storage Group Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited. Since September 2022, Mr. Ma has been the chief financial officer of Guardforce AI Co. Ltd., a company listed on the NASDAQ in the United States of America. From 25 May 2022 to 21 April 2023, Mr. Ma acted as an independent non-executive director of China U-Ton Future Space Industrial Group Holdings Ltd., a company formerly listed on the Main Board of the Stock Exchange. Mr. Ma is currently a member of CPA Australia. Mr. Ma graduated from Soochow University, Taiwan in June 1993 with a bachelor's degree in business administration in business mathematics. He also obtained a master's degree in business administration from Da-Yeh University, Chung Hua, Taiwan () in June 1995. Annonce • Jun 27
China Overseas Nuoxin International Holdings Limited, Annual General Meeting, Aug 25, 2023 China Overseas Nuoxin International Holdings Limited, Annual General Meeting, Aug 25, 2023, at 15:00 China Standard Time. Location: Unit 3202, 32/F, 9 Queen's Road Central Central Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and the reports of the directors and auditors for the year ended 31 March 2022; to re-elect of Directors; to authorize the board (the ``Board'') of directors (the ``Directors'') of the Company to fix the remuneration of the Directors; to re-appoint ZHONGHUI ANDA CPA Limited as the auditors of the Company for the year ending 31 March 2023 and to authorize the Board to fix their remuneration; and to consider other business. New Risk • Jun 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. 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 Less than 1 year of cash runway based on free cash flow trend (-HK$31m free cash flow). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Market cap is less than US$100m (HK$122.6m market cap, or US$15.6m). Annonce • Jun 07
China Overseas Nuoxin International Holdings Limited to Report Fiscal Year 2023 Results on Jun 29, 2023 China Overseas Nuoxin International Holdings Limited announced that they will report fiscal year 2023 results on Jun 29, 2023 Reported Earnings • Nov 30
First half 2023 earnings released: HK$0.043 loss per share (vs HK$0.029 loss in 1H 2022) First half 2023 results: HK$0.043 loss per share (further deteriorated from HK$0.029 loss in 1H 2022). Revenue: HK$108.3m (down 27% from 1H 2022). Net loss: HK$19.2m (loss widened 47% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Annonce • Nov 24
China Overseas Nuoxin International Holdings Limited Announces Earnings Guidance for the Six Months Ended 30 September 2022 China Overseas Nuoxin International Holdings Limited announced earnings guidance for the six months ended 30 September 2022. the Board expects that the Group will record a loss attributable to the shareholders of the Company for the Current Period of not less than approximately HKD 19.2 million as compared to the loss attributable to the shareholders of the Company of approximately HKD 13.1 million for the six months ended 30 September 2021 (the "Last Corresponding Period"). Board Change • Nov 16
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. 4 non-independent directors. Independent Non-Executive Director Jiayou Zhang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Nov 08
China Overseas Nuoxin International Holdings Limited to Report First Half, 2023 Results on Nov 29, 2022 China Overseas Nuoxin International Holdings Limited announced that they will report first half, 2023 results on Nov 29, 2022 Reported Earnings • Jun 30
Full year 2022 earnings released: HK$0.026 loss per share (vs HK$0.055 loss in FY 2021) Full year 2022 results: HK$0.026 loss per share (up from HK$0.055 loss in FY 2021). Revenue: HK$265.8m (down 27% from FY 2021). Net loss: HK$11.5m (loss narrowed 53% from FY 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Annonce • Jun 30
China Overseas Nuoxin International Holdings Limited, Annual General Meeting, Aug 25, 2022 China Overseas Nuoxin International Holdings Limited, Annual General Meeting, Aug 25, 2022. Annonce • Jun 07
China Overseas Nuoxin International Holdings Limited to Report Fiscal Year 2022 Results on Jun 29, 2022 China Overseas Nuoxin International Holdings Limited announced that they will report fiscal year 2022 results on Jun 29, 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. 4 non-independent directors. Independent Non-Executive Director Jiayou Zhang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Jan 01
Lam Wai Ming completed the acquisition of Sky Ocean Group Limited from China Overseas Nuoxin International Holdings Limited (SEHK:464). Lam Wai Ming entered into sale purchase agreement to acquire Sky Ocean Group Limited from China Overseas Nuoxin International Holdings Limited (SEHK:464) for HKD 72.4 million on August 25, 2021. Sky Ocean Group Limited reported net loss of HKD 15.594 million, total asset of HKD 147.4 million and net asset value of HKD 69.6 million as of March 31, 2021. The transaction is expected to close on December 31, 2021.
Lam Wai Ming completed the acquisition of Sky Ocean Group Limited from China Overseas Nuoxin International Holdings Limited (SEHK:464) on December 31, 2021. Reported Earnings • Dec 02
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: HK$0.029 loss per share (down from HK$0.005 loss in 1H 2021). Revenue: HK$148.4m (down 24% from 1H 2021). Net loss: HK$13.1m (loss widened HK$11.0m from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Annonce • Aug 26
An unknown buyer entered into sale purchase agreement to acquire Sky Ocean Group Limited from China Overseas Nuoxin International Holdings Limited (SEHK:464) for HKD 72.4 million. An unknown buyer entered into sale purchase agreement to acquire Sky Ocean Group Limited from China Overseas Nuoxin International Holdings Limited (SEHK:464) for HKD 72.4 million on August 25, 2021. Reported Earnings • Jun 30
Full year 2021 earnings released: HK$0.055 loss per share (vs HK$0.09 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: HK$365.8m (down 19% from FY 2020). Net loss: HK$24.4m (loss narrowed 39% from FY 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 02
New 90-day high: HK$0.68 The company is up 103% from its price of HK$0.34 on 04 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 Consumer Durables industry, which is up 26% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: HK$0.28 The company is down 35% from its price of HK$0.43 on 12 October 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: HK$0.31 The company is down 40% from its price of HK$0.52 on 24 September 2020. The Hong Kong market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 19% over the same period. Annonce • Dec 20
China Overseas Nuoxin International Holdings Limited Announces Management Changes The board of directors of China Overseas Nuoxin International Holdings Limited announced that Mr. Huang Zhiwei tendered his resignation as an independent non-executive Director, a member of audit committee (the``Audit Committee''), remuneration committee (the ``Remuneration Committee'') and nomination committee (the ``Nomination Committee'') of the Company, with effect from 19 December 2020, due to his desire to devote more time on his other commitments. The Board is pleased to further announce that Mr. Zhang Jiayou has been appointed as an independent non-executive Director, and a member of the Audit Committee, Remuneration Committee and Nomination Committee, with effect from 19 December 2020. Mr. Zhang, aged 48, obtained his bachelor degree in Oil and Gas Geological Exploration from the China University of Petroleum in July 1997 and obtained a Qualification Certificate of Specialty and Technology issued by the China Petrochemical Corporation in December 2002. He has over 23 years of experience in research, evaluation, and acquisition in oil and gas projects, minerals projects and other asset projects. Between 1997 and 2003, Mr. Zhang worked in a subsidiary of China Petrochemical Corporation. He then worked in Energy Science Service & Consulting Associates from 2005 until 2011 and Pearl Oriental Oil Limited (currently known as CHK Oil Limited, the shares of which are listed on the Stock Exchange) (stock code: 632) between 2011 and 2017. He is currently the chief technology officer of the oil & gas business division of Xiezhong International Holdings Limited, the shares of which are listed on the Stock Exchange. Reported Earnings • Nov 29
First half 2021 earnings released: HK$0.005 loss per share The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: HK$194.0m (down 22% from 1H 2020). Net loss: HK$2.12m (loss narrowed 81% from 1H 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Annonce • Nov 13
China Overseas Nuoxin International Holdings Limited to Report First Half, 2021 Results on Nov 27, 2020 China Overseas Nuoxin International Holdings Limited announced that they will report first half, 2021 results on Nov 27, 2020 Is New 90 Day High Low • Oct 28
New 90-day low: HK$0.34 The company is down 60% from its price of HK$0.86 on 30 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 22% over the same period. Is New 90 Day High Low • Oct 12
New 90-day low: HK$0.43 The company is down 52% from its price of HK$0.90 on 14 July 2020. The Hong Kong market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 21% over the same period. Annonce • Jun 16
China Overseas Nuoxin International Holdings Limited to Report Fiscal Year 2020 Results on Jun 29, 2020 China Overseas Nuoxin International Holdings Limited announced that they will report fiscal year 2020 results on Jun 29, 2020 
