New Risk • Mar 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (HK$41.4m market cap, or US$5.29m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Reported Earnings • Jan 03
First half 2026 earnings released: HK$0.13 loss per share (vs HK$0.19 loss in 1H 2025) First half 2026 results: HK$0.13 loss per share (improved from HK$0.19 loss in 1H 2025). Revenue: HK$43.9m (down 10% from 1H 2025). Net loss: HK$9.29m (loss narrowed 15% from 1H 2025). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 30
First half 2026 earnings released: HK$0.13 loss per share (vs HK$0.19 loss in 1H 2025) First half 2026 results: HK$0.13 loss per share (improved from HK$0.19 loss in 1H 2025). Revenue: HK$43.9m (down 10% from 1H 2025). Net loss: HK$9.29m (loss narrowed 15% from 1H 2025). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. New Risk • Nov 29
New major risk - Revenue and earnings growth Earnings have declined by 18% 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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Market cap is less than US$10m (HK$26.5m market cap, or US$3.41m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Annonce • Nov 17
Simplicity Holding Limited to Report Q2, 2026 Results on Nov 28, 2025 Simplicity Holding Limited announced that they will report Q2, 2026 results on Nov 28, 2025 New Risk • Oct 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% This is considered a major 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 Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Market cap is less than US$10m (HK$18.1m market cap, or US$2.33m). Annonce • Sep 13
Simplicity Holding Limited has filed a Follow-on Equity Offering in the amount of HKD 2.484 million. Simplicity Holding Limited has filed a Follow-on Equity Offering in the amount of HKD 2.484 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,800,000
Price\Range: HKD 0.18
Discount Per Security: HKD 0.0018
Transaction Features: Subsequent Direct Listing Annonce • Aug 14
Simplicity Holding Limited, Annual General Meeting, Sep 24, 2025 Simplicity Holding Limited, Annual General Meeting, Sep 24, 2025, at 11:00 China Standard Time. Location: orange financial printing limited, unit 1103-06, china building, 29 queen`s road central, central, hong kong, Hong Kong Reported Earnings • Aug 05
Full year 2025 earnings released: HK$0.34 loss per share (vs HK$0.17 profit in FY 2024) Full year 2025 results: HK$0.34 loss per share (down from HK$0.17 profit in FY 2024). Revenue: HK$97.8m (up 6.4% from FY 2024). Net loss: HK$20.9m (down 353% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings. New Risk • Jul 17
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 Market cap is less than US$10m (HK$21.8m market cap, or US$2.77m). 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). Reported Earnings • Jul 02
Full year 2025 earnings released: HK$0.34 loss per share (vs HK$0.17 profit in FY 2024) Full year 2025 results: HK$0.34 loss per share (down from HK$0.17 profit in FY 2024). Revenue: HK$98.3m (up 7.1% from FY 2024). Net loss: HK$20.9m (down 353% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Annonce • Jun 18
Simplicity Holding Limited to Report Fiscal Year 2025 Results on Jun 30, 2025 Simplicity Holding Limited announced that they will report fiscal year 2025 results at 9:30 AM, China Standard Time on Jun 30, 2025 New Risk • Jan 18
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 Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Market cap is less than US$10m (HK$25.5m market cap, or US$3.28m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Reported Earnings • Jan 04
First half 2025 earnings released: HK$0.009 loss per share (vs HK$0.009 loss in 1H 2024) First half 2025 results: HK$0.009 loss per share (in line with 1H 2024). Revenue: HK$49.0m (down 3.1% from 1H 2024). Net loss: HK$10.9m (loss widened 22% from 1H 2024). Annonce • Dec 18
Simplicity Holding Limited has completed a Follow-on Equity Offering in the amount of HKD 3.91272 million. Simplicity Holding Limited has completed a Follow-on Equity Offering in the amount of HKD 3.91272 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 230,160,000
Price\Range: HKD 0.017
Discount Per Security: HKD 0.000255
Transaction Features: Subsequent Direct Listing Reported Earnings • Dec 03
First half 2025 earnings released: HK$0.009 loss per share (vs HK$0.009 loss in 1H 2024) First half 2025 results: HK$0.009 loss per share (in line with 1H 2024). Revenue: HK$49.0m (down 3.1% from 1H 2024). Net loss: HK$10.9m (loss widened 22% from 1H 2024). Annonce • Nov 19
Simplicity Holding Limited has filed a Follow-on Equity Offering in the amount of HKD 3.91272 million. Simplicity Holding Limited has filed a Follow-on Equity Offering in the amount of HKD 3.91272 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 230,160,000
Price\Range: HKD 0.017
Discount Per Security: HKD 0.000255
Transaction Features: Subsequent Direct Listing Annonce • Nov 18
Simplicity Holding Limited to Report First Half, 2025 Results on Nov 29, 2024 Simplicity Holding Limited announced that they will report first half, 2025 results on Nov 29, 2024 Reported Earnings • Aug 06
Full year 2024 earnings released: EPS: HK$0.009 (vs HK$0.036 loss in FY 2023) Full year 2024 results: EPS: HK$0.009 (up from HK$0.036 loss in FY 2023). Revenue: HK$91.9m (up 34% from FY 2023). Net income: HK$8.25m (up HK$42.9m from FY 2023). Profit margin: 9.0% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Annonce • Aug 01
Simplicity Holding Limited, Annual General Meeting, Aug 30, 2024 Simplicity Holding Limited, Annual General Meeting, Aug 30, 2024, at 11:00 China Standard Time. Location: orange financial printing limited, unit 1103-06, china building, 29 queen`s road central, central, Hong Kong Buy Or Sell Opportunity • Jul 11
Now 61% overvalued after recent price rise Over the last 90 days, the stock has risen 95% to HK$0.12. The fair value is estimated to be HK$0.075, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Jun 30
Full year 2024 earnings released: EPS: HK$0.009 (vs HK$0.038 loss in FY 2023) Full year 2024 results: EPS: HK$0.009 (up from HK$0.038 loss in FY 2023). Revenue: HK$93.4m (up 36% from FY 2023). Net income: HK$8.25m (up HK$44.9m from FY 2023). Profit margin: 8.8% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance. Annonce • Jun 18
Simplicity Holding Limited to Report Fiscal Year 2024 Results on Jun 28, 2024 Simplicity Holding Limited announced that they will report fiscal year 2024 results on Jun 28, 2024 New Risk • Jun 01
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 (15% average weekly change). Market cap is less than US$100m (HK$99.0m market cap, or US$12.7m). New Risk • Apr 08
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). Market cap is less than US$10m (HK$69.1m market cap, or US$8.82m). Reported Earnings • Nov 15
Second quarter 2024 earnings released: HK$0.006 loss per share (vs HK$0.008 loss in 2Q 2023) Second quarter 2024 results: HK$0.006 loss per share (improved from HK$0.008 loss in 2Q 2023). Revenue: HK$22.9m (up 31% from 2Q 2023). Net loss: HK$5.54m (loss narrowed 28% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 61% 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. Annonce • Nov 04
Simplicity Holding Limited to Report First Half, 2024 Results on Nov 14, 2023 Simplicity Holding Limited announced that they will report first half, 2024 results on Nov 14, 2023 Board Change • Nov 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Jeffrey Lo is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • Oct 25
Simplicity Holding Limited Announces Executive Changes Simplicity Holding Limited announced that Mr. Yeung Man Sun has resigned as an independent non-executive Director and member of each of remuneration committee, audit committee and nomination committee of the Company with effect from 24 October 2023. The resignation of Mr. Yeung was because he would like to devote more time to pursue his own business. In accordance with Rule 17.50(2) of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited, Mr. Yeung confirmed that he has no disagreement with the Board and there is nothing relating to his resignation that needs to be brought to the attention to the shareholders of the Company. The Board would like to express its sincere gratitude to Mr. Yeung for his valuable contribution to the Company during his tenure of services. The Board announced the appointment of Mr. Wang Rongqian ("Mr. Wang") as an independent non-executive Director with effect from 24 October 2023. The biography of Mr. Wang is set out as follows: Mr. Wang, aged 42, is an independent non-executive director in Cheong Lee Group HoldingsLimited (stock code: 8098) which the issued shares are listed on the GEM of the Stock Exchange of Hong Kong Limited . Mr. Wang holds a Master degree in corporate and financial laws from the University of Hong Kong. Mr. Wang has extensive experience in the areas of project management, corporate finance, commercial trade andcompliance. He was an independent non-executive director of Manison International Holdings Limited (stock code: 8456) from January 2021 to April 2022. Annonce • Oct 11
Simplicity Holding Limited Announces Board Resignations The board of directors of Simplicity Holding Limited announced that Mr. Yanagihara Kazuya has resigned as an executive Director and member of each of remuneration committee and nomination committee of the Company with effect from 10 October 2023. The Board of Directors of the Company further announces that Mr. Leung Chun Yu Edmund has resigned as a non-executive Director and member of each of remuneration committee and nomination committee of the Company with effect from 10 October 2023. Reported Earnings • Aug 15
First quarter 2024 earnings released: HK$0.004 loss per share (vs HK$0.01 loss in 1Q 2023) First quarter 2024 results: HK$0.004 loss per share (improved from HK$0.01 loss in 1Q 2023). Revenue: HK$27.7m (up 81% from 1Q 2023). Net loss: HK$3.42m (loss narrowed 64% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 85% per year, which means it is well ahead of earnings. Annonce • Aug 03
Simplicity Holding Limited to Report Q1, 2024 Results on Aug 14, 2023 Simplicity Holding Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Annonce • Jul 06
Simplicity Holding Limited, Annual General Meeting, Aug 07, 2023 Simplicity Holding Limited, Annual General Meeting, Aug 07, 2023, at 11:00 China Standard Time. Location: Orange Financial Printing Limited, Unit 1103-06 China Building, 29 Queen's Road Central Central Hong Kong Agenda: To receive, consider and adopt the audited financial statements of the Company and its subsidiaries and the reports of the directors of the Company (the "Directors") and the auditors of the Company for the year ended 31 March 2023; to re-appoint Fan, Chan & Co. Limited as auditors of the Company and to authorise the board of Directors to fix their remuneration; to consider the re-election of directors; to grant a general mandate to the Directors of the Company to allot, issue and deal with additional shares not exceeding 20% of the issued share capital of the Company; to grant a general mandate to the Directors of the Company to repurchase shares not exceeding 10% of the issued share capital of the Company; to extend the general mandate granted to the Directors of the Company to allot, issue and deal with additional shares in the share capital of the Company; to approve the adoption of the second amended and restated articles of association of the company. Reported Earnings • Jul 01
Full year 2023 earnings released: HK$0.038 loss per share (vs HK$0.004 profit in FY 2022) Full year 2023 results: HK$0.038 loss per share (down from HK$0.004 profit in FY 2022). Revenue: HK$73.4m (down 14% from FY 2022). Net loss: HK$36.7m (down HK$40.7m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 114% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Jun 15
Simplicity Holding Limited to Report Fiscal Year 2023 Results on Jun 29, 2023 Simplicity Holding Limited announced that they will report fiscal year 2023 results on Jun 29, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: HK$0.007 loss per share (vs HK$0.001 loss in 3Q 2022) Third quarter 2023 results: HK$0.007 loss per share (further deteriorated from HK$0.001 loss in 3Q 2022). Revenue: HK$17.3m (down 41% from 3Q 2022). Net loss: HK$6.57m (loss widened 482% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 48% per year. Annonce • Feb 02
Simplicity Holding Limited to Report Nine Months, 2023 Results on Feb 14, 2023 Simplicity Holding Limited announced that they will report nine months, 2023 results on Feb 14, 2023 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. 1 experienced director. No highly experienced directors. CEO & Executive Director Peony Wong is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • Dec 24
Simplicity Holding Limited Appoints Leung Wai Tai as an Executive Director Simplicity Holding Limited announce the appointment of Mr. Leung Wai Tai as an executive Director with effect from 23 December 2022. Mr. Leung, aged 40, obtained a Bachelor of Arts degree in Accountancy in the Hong Kong Polytechnic University in 2003, and obtained his postgraduate degree in Accounting from the School Accounting and Finance of the Hong Kong Polytechnic University in 2006. Mr. Leung is a Fellow Certified Public Accountant (Practising) in Hong Kong and the Managing Practising Director of Blossoming Certified Public Accountants Limited. He has nearly over 20 years’ experience in the accountancy profession. A letter of appointment has been entered into between Mr. Leung and the Company for a term of service for one year commencing from 23 December 2022. Pursuant to the articles of association of the Company, Mr. Leung will hold office only until the next general meeting of the Company and shall then be eligible for re-election. Thereafter, he will be subject to retirement by rotation and re-election at the general meetings of the Company according to the articles of association of the Company. Reported Earnings • Nov 20
Second quarter 2023 earnings released: HK$0.008 loss per share (vs HK$0.002 loss in 2Q 2022) Second quarter 2023 results: HK$0.008 loss per share (further deteriorated from HK$0.002 loss in 2Q 2022). Revenue: HK$17.6m (down 33% from 2Q 2022). Net loss: HK$7.66m (loss widened 242% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. CEO & Executive Director Peony Wong is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 14
Simplicity Holding Limited Provides Earnings Guidance for the Six Months Ended September 30, 2022 Simplicity Holding Limited provided earnings guidance for the six months ended September 30, 2022. Based on the preliminary review of the unaudited financial results of the Group for the six months period ended 30 September 2022, the Group is expected to record a loss of approximately HKD 17.2 million, compared with a profit of approximately HKD 9.4 million recorded for the six months period ended 30 September 2021. Based on the information available, the Expected Loss was mainly attributable to: Affected by the recurrent COVID-19 pandemic in Hong Kong, the Group's revenue from business of restaurants has decreased. Expense of share options were recognised in the Interim Results. Annonce • Nov 04
Simplicity Holding Limited to Report First Half, 2023 Results on Nov 14, 2022 Simplicity Holding Limited announced that they will report first half, 2023 results on Nov 14, 2022 Board Change • Oct 19
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. CEO & Executive Director Peony Wong is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annonce • Oct 17
Simplicity Holding Limited Announces Resignation of Wong Suet Hing as Chairlady and an Executive Director of the Company with Effect from 14 October 2022 Simplicity Holding Limited announces that Ms. Wong Suet Hing ("Ms. Wong") has resigned as chairlady and an executive Director of the Company with effect from 14 October 2022. The resignation of Ms. Wong was because she would like to devote more time on her personal interests and affairs on retirement age. Ms. Wong confirmed that she has no disagreement with the Board and there is nothing relating to her resignation that needs to be brought to the attention to the shareholders of the Company. Annonce • Sep 01
Simplicity Holding Limited Announces Management Changes The board of directors of Simplicity Holding Limited announced that Mr. Chan Wai Pun has resigned as an independent non-executive Director, chairman of remuneration committee and member of each of audit committee and nomination committee of the Company with effect from 31 August 2022. The resignation of Mr. Chan was because he would like to spend more time to pursue his own business. The Board further announced that following the resignation of Mr. Chan, Mr. Lo Cheuk Fei Jeffrey has been appointed as the chairman of Remuneration Committee with effect from 31 August 2022. Annonce • Aug 20
Simplicity Holding Limited, Annual General Meeting, Sep 16, 2022 Simplicity Holding Limited, Annual General Meeting, Sep 16, 2022, at 15:00 China Standard Time. Location: Orange Financial Printing Limited, Unit 1103-06, China Building 29 Queen's Road Central Cantral Hong Kong Agenda: To receive, consider and adopt the audited financial statements of the Company and its subsidiaries and the reports of the directors of the Company and the auditors of the Company for the year ended 31 March 2022; to re-appoint Elite Partners as auditors of the Company and to authorise the board of Directors to fix their remuneration; to re-elect the executives; to consider the other resolutions. Reported Earnings • Aug 16
First quarter 2023 earnings released: HK$0.01 loss per share (vs HK$0.012 profit in 1Q 2022) First quarter 2023 results: HK$0.01 loss per share (down from HK$0.012 profit in 1Q 2022). Revenue: HK$15.6m (down 36% from 1Q 2022). Net loss: HK$9.50m (down 182% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Annonce • Aug 03
Simplicity Holding Limited to Report Fiscal Year 2022 Final Results on Aug 12, 2022 Simplicity Holding Limited announced that they will report fiscal year 2022 final results on Aug 12, 2022 Annonce • Jul 05
Simplicity Holding Limited Announces Executive Changes The board of directors of Simplicity Holding Limited announced that Mr. Wong Chi Chiu Henry has resigned as an executive Director and the compliance officer of the Company with effect from 30 June 2022. The Board also announced that Mr. Choi Pun Lap, an executive Director of the Company, has been appointed as the compliance officer for the purpose of Rule 5.19 of the GEM Listing Rules with effect from 30 June 2022, in place of Mr. Wong after his resignation as the compliance officer of the Company. Reported Earnings • Jul 05
Full year 2022 earnings released: HK$0.003 loss per share (vs HK$0.01 profit in FY 2021) Full year 2022 results: HK$0.003 loss per share (down from HK$0.01 profit in FY 2021). Revenue: HK$87.2m (down 11% from FY 2021). Net loss: HK$3.34m (down 139% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Annonce • Jun 21
Simplicity Holding Limited to Report Fiscal Year 2022 Results on Jun 30, 2022 Simplicity Holding Limited announced that they will report fiscal year 2022 results on Jun 30, 2022 Board Change • Jun 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent & Non-Executive Director Hoyen Pegasus Wong was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • May 18
Simplicity Holding Limited Announces Appointment of Wong Hoyen Pegasus as Independent Non-Executive Director and as Member of Audit Committee, Remuneration Committee and Nomination Committee Simplicity Holding Limited announce the appointment of Mr. Wong Hoyen Pegasus as an independent non-executive Director of the Company with effect from 17 May 2022. Mr. Wong, aged 47, is currently (i) chairman of Pegasus Global Development (Holdings) Co. Ltd, major businesses of Pegasus Global Development (Holdings) Co. Ltd. are real estate investment, new energy trading, luxury goods trading, super yacht sales and leasing, and private jet leasing (ii) executive director of Federation Development Co. Ltd, (iii) independent commercial director of Camper & Nicholsons Asia China and (iv) chairman of the Belt and Road China Arab Investment and Trade Association. The Board further announces that Mr. Wong will be appointed as a member of each of the Audit Committee, Remuneration Committee and Nomination Committee with effect from 17 May 2022. Board Change • May 05
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 Wai Pun Chan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 27
Simplicity Holding Limited Announces the Resignation of Wong Chi Chiu Henry as the Company Secretary Simplicity Holding Limited announced that Mr. Wong Chi Chiu Henry has resigned as the company secretary of the Company and the authorized representative of the Company under Rule 5.24 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited with effect from 26 April 2022 as he desires to devote more time in his current position in the Company as executive director. Mr. Wong has confirmed that he has no disagreement with the Board and there are no matters in relation to his resignation of Company Secretary and Authorised Representative that should be brought to the attention of the Shareholders. The Board is also not aware of any such matters in relation to his resignation of Company Secretary and Authorised Representative that need to be bought to the attention of the Shareholders. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: HK$0.001 loss per share (down from HK$0.011 profit in 3Q 2021). Revenue: HK$29.5m (up 24% from 3Q 2021). Net loss: HK$1.13m (down 111% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 70% per year whereas the company’s share price has increased by 68% per year. Annonce • Jan 28
Simplicity Holding Limited to Report Q3, 2022 Results on Feb 11, 2022 Simplicity Holding Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Reported Earnings • Nov 11
Second quarter 2022 earnings released: HK$0.002 loss per share (vs HK$0.002 loss in 2Q 2021) The company reported a poor second quarter result with increased losses and weaker control over costs, although revenues were flat. Second quarter 2022 results: Revenue: HK$26.4m (flat on 2Q 2021). Net loss: HK$2.24m (loss widened 41% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Aug 21
Independent Non-Executive Director Lup Man Yu has left the company On the 19th of August, Lup Man Yu'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 Lup Man's name. A total of 3 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 19% share price decline to HK$1.17, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 27x in the Hospitality industry in Hong Kong. Total returns to shareholders of 829% over the past three years. Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS HK$0.012 (vs HK$0.001 loss in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: HK$24.6m (down 14% from 1Q 2021). Net income: HK$11.6m (up HK$12.2m from 1Q 2021). Profit margin: 47% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 123% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Aug 03
Independent Non-Executive Director Yau Kuen Ng has left the company On the 27th of July, Yau Kuen Ng's tenure as Independent Non-Executive Director ended after 3.4 years in the role. We don't have any record of a personal shareholding under Yau Kuen's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Jun 26
Full year 2021 earnings released: EPS HK$0.01 (vs HK$0.056 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$113.1m (down 2.9% from FY 2020). Net income: HK$8.59m (up HK$53.0m from FY 2020). Profit margin: 7.6% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jun 18
Insider recently sold HK$7.2m worth of stock On the 11th of June, Wai Yin Cheung sold around 60m shares on-market at roughly HK$0.12 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Annonce • Jun 11
Simplicity Holding Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended March 31, 2021 Simplicity Holding Limited provided unaudited consolidated earnings guidance for the year ended March 31, 2021. For the period, the Group is expected to record a net profit attributable to owners of the Company in the amount of not more than approximately HKD 9.0 million for the year ended 31 March 2021 as compared to a net loss attributable to owners of the Company of approximately HKD 44.5 million for the corresponding period in 2020. The Board considered that the turnaround from loss to profit was mainly attributable to receipt of government subsidies under the Anti Epidemic Fund and decrease in staff costs as a result of implementation of control measures by the Group. Annonce • Feb 10
Simplicity Holding Limited Announces Resignation of Ma Sui Hong as an Executive Director The board of directors of Simplicity Holding Limited announced that Mr. Ma Sui Hong has resigned as an executive Director of the Company with effect from 9 February 2021. Upon his resignation as the executive Director, Mr. Ma continues to hold the position of human resource manager of the Group. Mr. Ma had confirmed that there was no disagreement with the Board and that there was no matter in relation to his resignation that was needed to be brought to the attention of the shareholders of the Company. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS HK$0.011 (vs HK$0.008 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: HK$30.2m (down 1.0% from 3Q 2020). Net income: HK$10.3m (up HK$16.7m from 3Q 2020). Profit margin: 34% (up from net loss in 3Q 2020). Annonce • Jan 22
Simplicity Holding Limited to Report Nine Months, 2021 Results on Feb 05, 2021 Simplicity Holding Limited announced that they will report nine months, 2021 results on Feb 05, 2021 Reported Earnings • Nov 07
Second quarter 2021 earnings released: HK$0.002 loss per share The company reported a solid second quarter result with reduced losses and improved revenues and control over expenses. Second quarter 2021 results: Revenue: HK$30.1m (up 11% from 2Q 2020). Net loss: HK$1.59m (loss narrowed 81% from 2Q 2020). Annonce • Nov 03
Simplicity Holding Limited has completed a Follow-on Equity Offering in the amount of HKD 8.32 million. Simplicity Holding Limited has completed a Follow-on Equity Offering in the amount of HKD 8.32 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 160,000,000
Price\Range: HKD 0.052
Transaction Features: Subsequent Direct Listing Annonce • Jul 24
Simplicity Holding Limited to Report Q1, 2021 Results on Aug 07, 2020 Simplicity Holding Limited announced that they will report Q1, 2021 results on Aug 07, 2020