New Risk • May 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$712.5m (US$90.9m) 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 High level of non-cash earnings (67% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$712.5m market cap, or US$90.9m). New Risk • Apr 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 67% 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 Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (67% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Reported Earnings • Mar 29
Full year 2025 earnings released: EPS: CN¥0.032 (vs CN¥0.016 in FY 2024) Full year 2025 results: EPS: CN¥0.032 (up from CN¥0.016 in FY 2024). Revenue: CN¥4.35b (up 49% from FY 2024). Net income: CN¥41.4m (up 154% from FY 2024). Profit margin: 1.0% (up from 0.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Annonce • Mar 28
Future Machine Limited, Annual General Meeting, May 29, 2026 Future Machine Limited, Annual General Meeting, May 29, 2026. Annonce • Mar 17
Future Machine Limited to Report Fiscal Year 2025 Final Results on Mar 27, 2026 Future Machine Limited announced that they will report fiscal year 2025 final results at 4:00 PM, China Standard Time on Mar 27, 2026 Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to HK$1.02, the stock trades at a trailing P/E ratio of 77x. Average trailing P/E is 19x in the Tech industry in Hong Kong. Total returns to shareholders of 77% over the past three years. New Risk • Jan 26
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 9.7% 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 Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Recent Insider Transactions Derivative • Nov 15
Chairman & CEO exercised options to buy HK$63m worth of stock. On the 13th of November, Chengjun Li exercised options to buy 102m shares at a strike price of around HK$0.28, costing a total of HK$29m. This transaction amounted to 50% of their direct individual holding at the time of the trade. Since December 2024, Chengjun has owned 204.97m shares directly. Company insiders have collectively bought HK$48m more than they sold, via options and on-market transactions, in the last 12 months. Annonce • Nov 11
Future Machine Limited has completed a Follow-on Equity Offering in the amount of HKD 140 million. Future Machine Limited has completed a Follow-on Equity Offering in the amount of HKD 140 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 309,154,310
Price\Range: HKD 0.28
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 190,845,690
Price\Range: HKD 0.28
Transaction Features: Rights Offering New Risk • Sep 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% 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 Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Reported Earnings • Sep 01
First half 2025 earnings released: EPS: CN¥0.011 (vs CN¥0.01 in 1H 2024) First half 2025 results: EPS: CN¥0.011 (up from CN¥0.01 in 1H 2024). Revenue: CN¥1.60b (up 27% from 1H 2024). Net income: CN¥11.2m (up 14% from 1H 2024). Profit margin: 0.7% (down from 0.8% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Annonce • Aug 15
Future Machine Limited to Report First Half, 2025 Results on Aug 28, 2025 Future Machine Limited announced that they will report first half, 2025 results on Aug 28, 2025 Annonce • Jul 24
Future Machine Limited has filed a Follow-on Equity Offering in the amount of HKD 140 million. Future Machine Limited has filed a Follow-on Equity Offering in the amount of HKD 140 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 500,000,000
Price\Range: HKD 0.28
Transaction Features: Rights Offering Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$1.11, the stock trades at a trailing P/E ratio of 62.1x. Average trailing P/E is 32x in the Tech industry in Hong Kong. Total returns to shareholders of 25% over the past three years. Reported Earnings • May 04
Full year 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.032 in FY 2023) Full year 2024 results: EPS: CN¥0.016 (down from CN¥0.032 in FY 2023). Revenue: CN¥2.92b (up 3.3% from FY 2023). Net income: CN¥16.3m (down 50% from FY 2023). Profit margin: 0.6% (down from 1.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to HK$1.26, the stock trades at a trailing P/E ratio of 72.8x. Average trailing P/E is 35x in the Tech industry in Hong Kong. Total returns to shareholders of 48% over the past three years. Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.032 in FY 2023) Full year 2024 results: EPS: CN¥0.016 (down from CN¥0.032 in FY 2023). Revenue: CN¥2.92b (up 3.3% from FY 2023). Net income: CN¥16.3m (down 50% from FY 2023). Profit margin: 0.6% (down from 1.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Annonce • Mar 27
Sprocomm Intelligence Limited, Annual General Meeting, May 30, 2025 Sprocomm Intelligence Limited, Annual General Meeting, May 30, 2025. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to HK$2.14, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 18x in the Tech industry in Hong Kong. Total returns to shareholders of 164% over the past three years. Annonce • Mar 17
Sprocomm Intelligence Limited to Report Fiscal Year 2024 Final Results on Mar 27, 2025 Sprocomm Intelligence Limited announced that they will report fiscal year 2024 final results at 4:00 PM, China Standard Time on Mar 27, 2025 Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$1.62, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 14x in the Tech industry in Hong Kong. Total returns to shareholders of 100% over the past three years. Annonce • Mar 03
Sprocomm Intelligence Limited Announces Change of Company Secretary The board of directors of Sprocomm Intelligence Limited announced that Ms. Jian Xuegen ("Ms. Jian") has resigned as the company secretary of the Company (the "Company Secretary") and ceased to act as an authorised representative of the Company (the "Authorised Representative") pursuant to Rule 3.05 of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and an authorised representative of the Company for accepting service of process and notice on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) (the "Process Agent") with effect from 28 February 2025. Ms. Jian confirmed that she has no disagreement with the Board and there is no other matter relating to her resignation that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board also announced that Mr. Li Yiu Hong ("Mr. Li") has been appointed as the Company Secretary, the Authorised Representative and the Process Agent with effect from 28 February 2025. Mr. Li is a certified public accountant of the Hong Kong Institute of Certified Public Accountants and a member of the Association of Chartered Certified Accountants. Mr. Li holds a bachelor degree in Business Administration from Hong Kong Baptist University. Mr. Li possesses approximately 10 years extensive experience in the area of auditing, accounting and finance. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$1.51, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 13x in the Tech industry in Hong Kong. Total returns to shareholders of 125% over the past three years. Annonce • Dec 03
Sprocomm Intelligence Limited Announces Directorate Changes Sprocomm Intelligence Limited announced the following changes in the directorship of the Company, all with effect from 2 December 2024: (i) Mr. HE Wenyuan has been appointed as an executive director of the Company; (ii) Mr. CHAN Hoi Shu has been appointed as an executive director of the Company; and (iii) Mr. CHING Khei Cheong Christopher has been appointed as an independent non-executive director of the Company. Brief profile of Mr. HE Wenyu: Mr. HE, aged 43, graduated from Sichuan University with a bachelor's degree of computer science and technology in July 2003. Prior to Mr. HE's appointment as an executive director of the Company, he is a member of the senior management of the Company responsible for overseeing and managing the Group's research and development. Since 24 November 2009, Mr. HE has been serving as the vice president and director of software research and development of Shanghai Sprocomm Telecommunication Technology Co. Ltd., a company established under the laws of the PRC and an indirect wholly-owned subsidiary of the Company. Since 1 June 2021, Mr. HE has been serving as the president, managing director and legal representative of Shanghai Sprocomm Telecommunication Technology Co. Ltd. Brief profile of Mr. CHAN Hoi Shu: Mr. CHAN, aged 55, graduated from University of Portsmouth with a bachelor's degree of mechanical engineering in July 1993. In December 1996, Mr. CHAN graduated from The University of Hong Kong and obtained a master's degree of science majoring in computer in manufacturing. In December 2000, Mr. CHAN graduated from Murray State University and obtained a master's degree of business administration majoring in finance and businessadministration. Mr. CHAN is the founder and chairman of GGS Innovation Ltd. since April 2021, which supported new startup companies to develop Web3.0 application on music entertainment and provided services to business partners regarding the technical support for product design, operation efficiency improvement and global network development. Mr. CHAN is the chairman and co-founder of F&B Innovation (HK) Ltd. since June 2024, which is the modular integrated construction system provider to speed up building construction by modularising assembly. Brief profile of Mr. CHING Khei Cheong Christopher: Mr. CHING has been appointed as an independent non-executive director of the Company, a member of the audit committee and remuneration committee with effect from 2 December 2024. Mr. CHING, aged 56, holds a master degree of laws from the University of Central Lancashire. Mr. CHING has over 30 years of experience in regulatory and compliance area particular in the financial industry. Mr. CHING held various senior positions in global financial institutions such as Huatai Financial Holdings (Hong Kong) Limited, ICBC International Holdings Limited, Deutsche Bank AG, Hong Kong Branch and Merrill Lynch Asia Pacific Limited managing their compliance function. Prior to these appointments, Mr. CHING was one of the appointed investigators at the Enforcement Division of the Securities and Futures Commission for over 9 years. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$1.39, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 13x in the Tech industry in Hong Kong. Total returns to shareholders of 96% over the past three years. New Risk • Nov 12
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 Risk Earnings have declined by 5.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (HK$198m sold). Annonce • Sep 14
An undisclosed buyer acquired 16.50% stake in Sprocomm Intelligence Limited (SEHK:1401) from Beyond Innovation Limited. An undisclosed buyer acquired 16.50% stake in Sprocomm Intelligence Limited (SEHK:1401) from Beyond Innovation Limited on September 13, 2024.
An undisclosed buyer Completed the acquisition of 16.50% stake in Sprocomm Intelligence Limited (SEHK:1401) from Beyond Innovation Limited on September 13, 2024. Reported Earnings • Sep 01
First half 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.01 in 1H 2023) First half 2024 results: EPS: CN¥0.01 (in line with 1H 2023). Revenue: CN¥1.26b (up 56% from 1H 2023). Net income: CN¥9.86m (up 3.6% from 1H 2023). Profit margin: 0.8% (down from 1.2% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. Annonce • Aug 20
Sprocomm Intelligence Limited to Report First Half, 2024 Results on Aug 29, 2024 Sprocomm Intelligence Limited announced that they will report first half, 2024 results on Aug 29, 2024 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$2.26, the stock trades at a trailing P/E ratio of 64.5x. Average trailing P/E is 20x in the Tech industry in Hong Kong. Total returns to shareholders of 265% over the past three years. Annonce • Mar 29
Sprocomm Intelligence Limited, Annual General Meeting, May 27, 2024 Sprocomm Intelligence Limited, Annual General Meeting, May 27, 2024. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: CN¥0.032 (vs CN¥0.007 in FY 2022) Full year 2023 results: EPS: CN¥0.032 (up from CN¥0.007 in FY 2022). Revenue: CN¥2.82b (up 95% from FY 2022). Net income: CN¥32.4m (up 398% from FY 2022). Profit margin: 1.1% (up from 0.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Mar 19
Sprocomm Intelligence Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Sprocomm Intelligence Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Feb 07
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). Earnings have declined by 47% per year over the past 5 years. High level of non-cash earnings (108% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin). New Risk • Sep 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 108% 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 Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 47% per year over the past 5 years. High level of non-cash earnings (108% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin). Reported Earnings • Aug 30
First half 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.008 in 1H 2022) First half 2023 results: EPS: CN¥0.01 (up from CN¥0.008 in 1H 2022). Revenue: CN¥806.9m (down 11% from 1H 2022). Net income: CN¥9.51m (up 21% from 1H 2022). Profit margin: 1.2% (up from 0.9% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. New Risk • Aug 29
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.6% Last year net profit margin: 1.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Annonce • Aug 18
Sprocomm Intelligence Limited to Report First Half, 2023 Results on Aug 28, 2023 Sprocomm Intelligence Limited announced that they will report first half, 2023 results on Aug 28, 2023 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 9.7% 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 Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$700.0m market cap, or US$89.3m). Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: CN¥0.007 (vs CN¥0.018 loss in FY 2021) Full year 2022 results: EPS: CN¥0.007 (up from CN¥0.018 loss in FY 2021). Revenue: CN¥1.45b (down 28% from FY 2021). Net income: CN¥6.51m (up CN¥24.3m from FY 2021). Profit margin: 0.4% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Head of Production & Executive Director Chuanchuan Wen 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. Reported Earnings • Aug 30
First half 2022 earnings released: EPS: CN¥0.008 (vs CN¥0.034 loss in 1H 2021) First half 2022 results: EPS: CN¥0.008 (up from CN¥0.034 loss in 1H 2021). Revenue: CN¥909.3m (flat on 1H 2021). Net income: CN¥7.87m (up CN¥41.8m from 1H 2021). Profit margin: 0.9% (up from net loss in 1H 2021). Annonce • Aug 18
Sprocomm Intelligence Limited to Report First Half, 2022 Results on Aug 29, 2022 Sprocomm Intelligence Limited announced that they will report first half, 2022 results on Aug 29, 2022 Annonce • Jul 29
Sprocomm Intelligence Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022 Sprocomm Intelligence Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the six months, the Group expects that it will record a net profit ranging from approximately RMB 6.0 million to approximately RMB 9.0 million as opposed to a net loss of RMB 34.1 million for the six months ended 30 June 2021. The turnaround from loss to profit for the six months ended 30 June 2022 is mainly attributed to the improvement of the Group's gross profit margin from approximately 7.4% for the six months ended 30 June 2021 to approximately 12.5% for the six months ended 30 June 2022. The improvement in the gross profit margin resulted from (i) the decrease in the costs of major raw materials; and (ii) the appreciation of USD against RMB during the six months ended 30 June 2022. Reported Earnings • Apr 27
Full year 2021 earnings released: CN¥0.018 loss per share (vs CN¥0.031 profit in FY 2020) Full year 2021 results: CN¥0.018 loss per share (down from CN¥0.031 profit in FY 2020). Revenue: CN¥2.00b (down 8.3% from FY 2020). Net loss: CN¥17.8m (down 158% from profit in FY 2020). Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Head of Production & Executive Director Chuanchuan Wen was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 22
Sprocomm Intelligence Limited, Annual General Meeting, May 26, 2022 Sprocomm Intelligence Limited, Annual General Meeting, May 26, 2022, at 11:00 China Standard Time. Location: 5D-506 F1.6 Block, Tianfa Building, Tianan Chegongmiao Industrial Park Futian District Shenzhen China Agenda: To receive, consider and approve the audited consolidated financial statements of the Company and its subsidiaries for the year ended 31 December 2021 and the reports of the directors (the "Directors") and auditors of the Company for the year ended 31 December 2021; to consider the executive changes; to re-appoint SHINEWING (HK) CPA Limited as the auditors of the Company; and to authorize the Board to fix its remuneration; and to consider the other resolution. Reported Earnings • Apr 01
Full year 2021 earnings released: CN¥0.018 loss per share (vs CN¥0.031 profit in FY 2020) Full year 2021 results: CN¥0.018 loss per share (down from CN¥0.031 profit in FY 2020). Revenue: CN¥2.00b (down 8.3% from FY 2020). Net loss: CN¥17.8m (down 158% from profit in FY 2020). Annonce • Jan 25
Sprocomm Intelligence Limited Provides Earnings Guidance for the Year Ended December 31, 2021 Sprocomm Intelligence Limited provided earnings guidance for the year ended December 31, 2021. The group expects that it will record a net loss in the range of approximately RMB 15 million to approximately RMB 25 million for the year ended 31 December 2021, as opposed to a net profit of approximately RMB 30.7 million for the year ended 31 December 2020. The expected net loss is mainly attributed to: (i) the decrease in the sales revenue by approximately 10% to 15% due to the decrease in demand for smartphones as compared with the year ended 31 December 2020; (ii) the increase in the costs of raw materials (in particular mobile chips and screen for the mobile devices) driven by the global shortage of electronic components. As a result, the Group's overall gross profit margin for the year ended 31 December 2021 is expected to decrease; (iii) the decrease in other income by approximately 30% to 40% resulting from the decrease in one-off government subsidies; and (iv) the increase in contributions to retirement benefits scheme for the Group's employees as micro, small and medium size enterprises enrolled in China Social Security Schemes were exempt from making employer contributions to pension, unemployment and work-related injury insurance schemes between February and December 2020. Reported Earnings • Aug 30
First half 2021 earnings released: CN¥0.034 loss per share (vs CN¥0.013 profit in 1H 2020) The company reported a soft first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: CN¥911.7m (up 6.3% from 1H 2020). Net loss: CN¥33.9m (down 368% from profit in 1H 2020). Executive Departure • Jun 10
Executive Director Hongxing Li has left the company On the 1st of June, Hongxing Li's tenure as Executive Director ended. We don't have any record of a personal shareholding under Hongxing's name. Hongxing is the only executive to leave the company over the last 12 months. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.031 (vs CN¥0.05 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CN¥2.18b (down 30% from FY 2019). Net income: CN¥30.9m (down 21% from FY 2019). Profit margin: 1.4% (up from 1.3% in FY 2019). Reported Earnings • Mar 28
Full year 2020 earnings released: EPS CN¥0.031 (vs CN¥0.05 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CN¥2.18b (down 30% from FY 2019). Net income: CN¥30.9m (down 21% from FY 2019). Profit margin: 1.4% (up from 1.3% in FY 2019). The increase in margin was driven by lower expenses. Annonce • Mar 17
Sprocomm Intelligence Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 Sprocomm Intelligence Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Is New 90 Day High Low • Feb 03
New 90-day low: HK$0.58 The company is down 8.0% from its price of HK$0.63 on 05 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 38% over the same period. Is New 90 Day High Low • Sep 25
New 90-day high: HK$0.76 The company is up 52% from its price of HK$0.50 on 26 June 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 41% over the same period. Annonce • Aug 14
Sprocomm Intelligence Limited to Report First Half, 2020 Results on Aug 25, 2020 Sprocomm Intelligence Limited announced that they will report first half, 2020 results on Aug 25, 2020 