New Risk • Aug 06
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. Market cap is less than US$100m (HK$103.1m market cap, or US$13.1m). Reported Earnings • Mar 03
First half 2026 earnings released: EPS: HK$0.011 (vs HK$0.037 in 1H 2025) First half 2026 results: EPS: HK$0.011 (down from HK$0.037 in 1H 2025). Revenue: HK$68.1m (down 5.8% from 1H 2025). Net income: HK$4.22m (down 64% from 1H 2025). Profit margin: 6.2% (down from 16% in 1H 2025). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Annonce • Feb 11
Kantone Holdings Limited to Report First Half, 2026 Results on Feb 25, 2026 Kantone Holdings Limited announced that they will report first half, 2026 results on Feb 25, 2026 Annonce • Nov 20
Kantone Holdings Limited, Annual General Meeting, Dec 15, 2025 Kantone Holdings Limited, Annual General Meeting, Dec 15, 2025, at 17:00 China Standard Time. Location: room 3601, level 36, tower 1, enterprise square five, 38 wang chiu road, kowloon bay, kowloon, Hong Kong Reported Earnings • Oct 31
Full year 2025 earnings released: EPS: HK$0.081 (vs HK$0.022 in FY 2024) Full year 2025 results: EPS: HK$0.081 (up from HK$0.022 in FY 2024). Revenue: HK$151.3m (flat on FY 2024). Net income: HK$27.1m (up 373% from FY 2024). Profit margin: 18% (up from 3.8% in FY 2024). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 27
Full year 2025 earnings released: EPS: HK$0.081 (vs HK$0.022 in FY 2024) Full year 2025 results: EPS: HK$0.081 (up from HK$0.022 in FY 2024). Revenue: HK$151.3m (flat on FY 2024). Net income: HK$27.1m (up 373% from FY 2024). Profit margin: 18% (up from 3.8% in FY 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annonce • Sep 15
Kantone Holdings Limited to Report Fiscal Year 2025 Final Results on Sep 26, 2025 Kantone Holdings Limited announced that they will report fiscal year 2025 final results on Sep 26, 2025 New Risk • Sep 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$114.4m market cap, or US$14.7m). New Risk • Jun 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (41% accrual ratio). Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Significant insider selling over the past 3 months (HK$13m sold). Market cap is less than US$100m (HK$108.8m market cap, or US$13.9m). New Risk • Apr 08
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 High level of non-cash earnings (41% accrual ratio). Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Market cap is less than US$10m (HK$64.1m market cap, or US$8.25m). New Risk • Jan 22
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 10.0% 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 Risks High level of non-cash earnings (29% accrual ratio). Market cap is less than US$10m (HK$72.5m market cap, or US$9.31m). Minor Risks Share price has been volatile over the past 3 months (10.0% average weekly change). Profit margins are more than 30% lower than last year (3.8% net profit margin). Shareholders have been diluted in the past year (20% increase in shares outstanding). New Risk • Jan 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$72.8m (US$9.35m) 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 High level of non-cash earnings (29% accrual ratio). Market cap is less than US$10m (HK$72.8m market cap, or US$9.35m). Minor Risks Profit margins are more than 30% lower than last year (3.8% net profit margin). Shareholders have been diluted in the past year (20% increase in shares outstanding). Annonce • Jan 08
Kantone Holdings Limited Announces Board Changes The Board of Directors of Kantone Holdings Limited announced that as Mr. Liu Ka Lim has decided to allocate more time to other engagements, he has resigned as non-executive director of the Company and chairman of the Investment Committee of the Company. Mr. Liu has given his notice to resign and it has been agreed with the Company that he would step down from his positions as non-executive director, chairman of the Investment Committee and the Authorised Representative of the Company with effect from 8 January 2025. The Board announced that with effect from 8 January 2025, Ms. To Yin Fong Cecilica will be redesignated from a non-executive director to an executive director. The Board to announced that Ms. To has been appointed as the chairperson of the Investment Committee and the Authorised Representative of the Company with effect from 8 January 2025. Ms. To, aged 44, has been a non-executive Director of the Company since July 2017. Ms. To is currently a Barrister-at-Law. Ms. To holds a postgraduate certificate in laws from University of Hong Kong and a graduate diploma in English and Hong Kong law from Manchester Metropolitan University. Ms. To was admitted as a barrister of the High Court of HKSAR in 2009. Ms. To has about 15 years of experience in the legal field. Ms. To is currently a director of Multitone Electronics PLC, a subsidiary of the Company. From July 2017 to December 2024, she was a non-executive director of Champion Technology Holdings Limited which was the holding company of the Company before 9 November 2021 and the issued shares of which are listed on the Main Board of the Stock Exchange. Board Change • Jan 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director William Ip was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 29
Kantone Holdings Limited, Annual General Meeting, Dec 23, 2024 Kantone Holdings Limited, Annual General Meeting, Dec 23, 2024, at 17:00 China Standard Time. Location: room 3601, level 36, tower 1, enterprise square five, 38 wang chiu road, kowloon bay, kowloon, Hong Kong New Risk • Nov 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.8% net profit margin). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$104.7m market cap, or US$13.5m). Reported Earnings • Sep 27
Full year 2024 earnings released: EPS: HK$0.022 (vs HK$0.037 in FY 2023) Full year 2024 results: EPS: HK$0.022 (down from HK$0.037 in FY 2023). Revenue: HK$152.3m (up 18% from FY 2023). Net income: HK$5.72m (down 41% from FY 2023). Profit margin: 3.8% (down from 7.5% in FY 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Sep 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 December 2023 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$121.9m market cap, or US$15.6m). Annonce • Sep 12
Kantone Holdings Limited to Report Fiscal Year 2024 Results on Sep 26, 2024 Kantone Holdings Limited announced that they will report fiscal year 2024 results on Sep 26, 2024 New Risk • Jul 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$117.2m market cap, or US$15.0m). New Risk • Jan 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$76.8m (US$9.83m) 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 High level of non-cash earnings (69% accrual ratio). Market cap is less than US$10m (HK$76.8m market cap, or US$9.83m). Annonce • Jan 16
Kantone Holdings Limited to Report Q2, 2024 Results on Feb 28, 2024 Kantone Holdings Limited announced that they will report Q2, 2024 results on Feb 28, 2024 Annonce • Nov 21
Kantone Holdings Limited, Annual General Meeting, Dec 20, 2023 Kantone Holdings Limited, Annual General Meeting, Dec 20, 2023, at 17:00 China Standard Time. Location: Room 3601, Level 36, Tower 1 Enterprise Square Five, 38 Wang Chiu Road, Kowloon Bay, Kowloon Kowloon Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and the reports of the directors of the Company (the ``Directors'') and independent auditor of the Company for the year ended 30 June 2023; to re-appoint Cheng & Cheng Limited as the auditor of the Company and to authorize the board of Directors to fix their remuneration; and to discuss other matters. New Risk • Nov 03
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 69% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (69% accrual ratio). Minor Risk Market cap is less than US$100m (HK$108.1m market cap, or US$13.8m). Reported Earnings • Sep 29
Full year 2023 earnings released: EPS: HK$0.037 (vs HK$0.021 in FY 2022) Full year 2023 results: EPS: HK$0.037 (up from HK$0.021 in FY 2022). Revenue: HK$128.7m (flat on FY 2022). Net income: HK$9.69m (up 113% from FY 2022). Profit margin: 7.5% (up from 3.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • Sep 12
Kantone Holdings Limited to Report Fiscal Year 2023 Final Results on Sep 27, 2023 Kantone Holdings Limited announced that they will report fiscal year 2023 final results on Sep 27, 2023 Reported Earnings • Mar 03
First half 2023 earnings released: EPS: HK$0.016 (vs HK$0.015 in 1H 2022) First half 2023 results: EPS: HK$0.016 (up from HK$0.015 in 1H 2022). Revenue: HK$53.0m (down 16% from 1H 2022). Net income: HK$4.20m (up 26% from 1H 2022). Profit margin: 7.9% (up from 5.3% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year. Annonce • Feb 08
Kantone Holdings Limited to Report First Half, 2023 Results on Feb 27, 2023 Kantone Holdings Limited announced that they will report first half, 2023 results on Feb 27, 2023 Annonce • Nov 30
Kantone Holdings Limited, Annual General Meeting, Dec 29, 2022 Kantone Holdings Limited, Annual General Meeting, Dec 29, 2022, at 17:00 China Standard Time. Location: Room 3601, Level 36, Tower 1, Enterprise Square Five 38, Wang Chiu Road, Kowloon Bay Kowloon Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and the reports of the directors of the Company and independent auditor of the Company for the year ended 30 June 2022; to re-elect Mr. Chan Koon Wa as an executive Director; to re-elect Ms. To Yin Fong Cecilica as a non-executive Director; to re-elect Mr. Leung Man Fai as an independent non-executive Director; to re-elect Mr. Ip Wai Lun William as an independent non-executive Director; to authorise the board of Directors to fix the Directors' remuneration; to re-appoint Cheng & Cheng Limited as the auditor of the Company and to authorise the board of Directors to fix their remuneration; and to consider other matters. Reported Earnings • Oct 31
Full year 2022 earnings released: EPS: HK$0.021 (vs HK$0.026 in FY 2021) Full year 2022 results: EPS: HK$0.021 (down from HK$0.026 in FY 2021). Revenue: HK$127.8m (down 8.1% from FY 2021). Net income: HK$4.56m (down 20% from FY 2021). Profit margin: 3.6% (down from 4.1% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Sep 29
Full year 2022 earnings released: EPS: HK$0.021 (vs HK$0.026 in FY 2021) Full year 2022 results: EPS: HK$0.021 (down from HK$0.026 in FY 2021). Revenue: HK$127.8m (down 8.1% from FY 2021). Net income: HK$4.56m (down 20% from FY 2021). Profit margin: 3.6% (down from 4.1% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year. Annonce • Sep 10
Kantone Holdings Limited to Report Fiscal Year 2022 Results on Sep 28, 2022 Kantone Holdings Limited announced that they will report fiscal year 2022 results on Sep 28, 2022 Annonce • Feb 08
Kantone Holdings Limited to Report Q2, 2022 Results on Feb 25, 2022 Kantone Holdings Limited announced that they will report Q2, 2022 results on Feb 25, 2022 Annonce • Dec 30
Chan Koon Wa completed the acquisition of a 3.91% stake in Kantone Holdings Limited (SEHK:1059) for HKD 3.9 million. Chan Koon Wa made an offer to acquire a 40.96% stake in Kantone Holdings Limited (SEHK:1059) for HKD 41 million on May 31, 2021. Offeror will acquire 88.900548 shares at a price of HKD 0.461 per share in cash. The Offeror intends to finance the consideration payable under the Offer by the loan facility granted to it by Kingston Securities. In a related transaction, Chan Koon Wa signed an agreement to acquire 59.04% stake in Kantone Holdings Limited from Champion Technology Holdings Limited (SEHK:92) for HKD 59.1 million on May 31, 2021. Kantone Board is currently made up of seven Directors, comprising two executive Directors, being Wong Man Winny and Wu Yunjing; two non-executive Directors, being Liu Ka Lim and To Yin Fong Cecilica; and three independent non-executive Directors, being Leung Man Fai, Chung Sau Wai Ada and Clayton Ip. Chan Koon Wa intends to join Kantone Board as the executive Director. Offeror intends to continue the existing principal businesses of the Kantone. Following the close of the Offer, the Offeror intends to continue the existing principal businesses of the Kantone. The Offeror intends to maintain the listing of the Kantone Shares on the Stock Exchange. Offer will be unconditional in all respects. The Kantone Independent Board Committee has been formed to advise the Kantone Independent Shareholders as to whether the terms of the Offer are fair and reasonable and as to acceptance of the Offer. Committee comprising Man Fai, Chung Sau Wai Ada and Clayton Ip, all being independent non-executive directors of Kantone. The Offeror does not intend to avail itself of any powers of compulsory acquisition of any Shares outstanding after the close of the Offer. As of December 3, 2021, Kantone Independent Board Committee consider that the terms of the Offer are fair and reasonable and recommend the Independent Shareholders to accept the Offer.
Offers opens for acceptance on December 3, 2021, and will close on December 28, 2021. Kingston Corporate Finance Limited acted as financial advisor to Chan Koon Wa. Donvex Capital Limited acted as financial advisor to The Kantone Independent Board Committee. Tricor Secretaries Limited acted as registrar to Kantone.
Chan Koon Wa completed the acquisition of a 3.91% stake in Kantone Holdings Limited (SEHK:1059) for HKD 3.9 million on December 28, 2021. At the close of Offer on December 28, 2021, Offeror received valid acceptances in respect of a total of 8,490,486 Offer Shares. Post completion of Offer, Chan Koon Wa and parties acting in concert with it were interested in a total of 136,628,444 Shares, representing approximately 62.95% of the entire issued share capital of Kantone. Reported Earnings • Sep 30
Full year 2021 earnings released: EPS HK$0.026 (vs HK$0.019 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$139.1m (down 5.4% from FY 2020). Net income: HK$5.69m (up 47% from FY 2020). Profit margin: 4.1% (up from 2.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 160% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 20
New 90-day high: HK$0.38 The company is up 62% from its price of HK$0.23 on 20 November 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Software industry, which is up 76% over the same period. Annonce • Jan 22
Kantone Holdings Limited to Report First Half, 2021 Results on Feb 25, 2021 Kantone Holdings Limited announced that they will report first half, 2021 results on Feb 25, 2021 Is New 90 Day High Low • Nov 18
New 90-day low: HK$0.23 The company is down 42% from its price of HK$0.40 on 20 August 2020. The Hong Kong market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 16% over the same period. Annonce • Nov 17
Kantone Holdings Limited, Annual General Meeting, Dec 17, 2020 Kantone Holdings Limited, Annual General Meeting, Dec 17, 2020, at 16:00 China Standard Time. Location: Rooms 35, United Conference Centre, 10/F., United Centre, 95 Queensway, Admiralty Admiralty Hong Kong Agenda: To consider receive and adopt the audited consolidated financial statements and the reports of the directors of the company and independent auditor of the Company for the year ended 30 June 2020; to consider re-election of Directors; to consider re-appointment of Moore Stephens CPA Limited as the auditor; to consider grant a general mandate to the Directors to allot, issue and deal with additional shares of the Company; to consider grant a general mandate to the Directors to buy back Shares not exceeding 10% of the total number of issued Shares; and to consider extend the general mandate granted by resolution no. 4 to issue additional Shares by adding the number of Shares bought back pursuant to the general mandate granted by resolution no. 5. Is New 90 Day High Low • Oct 20
New 90-day high: HK$0.46 The company is up 18% from its price of HK$0.39 on 22 July 2020. The Hong Kong market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 1.0% over the same period. Annonce • Sep 12
Kantone Holdings Limited to Report Fiscal Year 2020 Results on Sep 29, 2020 Kantone Holdings Limited announced that they will report fiscal year 2020 results on Sep 29, 2020