New Risk • 1h
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 65% 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 (65% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. New Risk • Jun 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: S$127.6m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (S$127.6m market cap, or US$98.6m). Recent Insider Transactions • Jun 08
COO & Executive Director recently bought S$77k worth of stock On the 4th of June, Kian Yeow Ng bought around 100k shares on-market at roughly S$0.76 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth S$87k. This was Kian Yeow's only on-market trade for the last 12 months. Declared Dividend • Apr 30
Final dividend of S$0.01 announced Shareholders will receive a dividend of S$0.01. Ex-date: 7th May 2026 Payment date: 20th May 2026 Dividend yield will be 1.7%, which is lower than the industry average of 4.6%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 17
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: S$0.11 (up from S$0.092 in FY 2024). Revenue: S$298.8m (up 32% from FY 2024). Net income: S$19.1m (up 17% from FY 2024). Profit margin: 6.4% (down from 7.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Construction industry in Singapore. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 13
Huationg Global Limited, Annual General Meeting, Apr 28, 2026 Huationg Global Limited, Annual General Meeting, Apr 28, 2026, at 14:30 Singapore Standard Time. Location: raffles marina, 10 tuas west drive, singapore 638404, Singapore Recent Insider Transactions • Apr 07
CEO & Executive Director recently bought S$87k worth of stock On the 1st of April, Kian Ann Ng bought around 115k shares on-market at roughly S$0.76 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Kian Ann's only on-market trade for the last 12 months. Reported Earnings • Mar 03
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: S$0.11 (up from S$0.092 in FY 2024). Revenue: S$298.8m (up 32% from FY 2024). Net income: S$19.1m (up 17% from FY 2024). Profit margin: 6.4% (down from 7.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to stay flat during the next 2 years compared to a 21% growth forecast for the Construction industry in Singapore. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 (45% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Annonce • Feb 04
Huationg Global Limited has completed a Follow-on Equity Offering in the amount of SGD 7.08 million. Huationg Global Limited has completed a Follow-on Equity Offering in the amount of SGD 7.08 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,800,000
Price\Range: SGD 0.6
Discount Per Security: SGD 0.0171
Transaction Features: Subsequent Direct Listing Annonce • Jan 27
Huationg Global Limited has filed a Follow-on Equity Offering in the amount of SGD 7.08 million. Huationg Global Limited has filed a Follow-on Equity Offering in the amount of SGD 7.08 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,800,000
Price\Range: SGD 0.6
Discount Per Security: SGD 0.0171
Transaction Features: Subsequent Direct Listing Declared Dividend • Aug 15
First half dividend of S$0.005 announced Shareholders will receive a dividend of S$0.005. Ex-date: 4th September 2025 Payment date: 16th September 2025 Dividend yield will be 3.1%, which is lower than the industry average of 4.6%. Sustainability & Growth Dividend is covered by earnings (14% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 44% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Aug 14
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 48% 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 (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (S$68.2m market cap, or US$53.3m). Declared Dividend • Apr 25
Final dividend increased to S$0.006 Dividend of S$0.006 is 20% higher than last year. Ex-date: 7th May 2025 Payment date: 20th May 2025 Dividend yield will be 4.9%, which is higher than the industry average of 4.6%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Apr 23
Huationg Global Limited Approves Final Dividend for the Financial Year Ended 31 December 2024, Payable on 20 May 2025 Huationg Global Limited announced that at its AGM held on 23 April 2025, the shareholders approved final dividend of SGD 0.006 per ordinary share for the financial year ended 31 December 2024. The share transfer books and Register of Members of the company will be closed on 8 May 2025 (the record date) for the purposes of determining shareholders' entitlements to the final one-tier tax exempt dividend. Payment of the final dividend will be made on 20 May 2025. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: S$0.092 (vs S$0.081 in FY 2023) Full year 2024 results: EPS: S$0.092 (up from S$0.081 in FY 2023). Revenue: S$226.4m (up 30% from FY 2023). Net income: S$16.4m (up 15% from FY 2023). Profit margin: 7.2% (down from 8.2% 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 35% per year whereas the company’s share price has increased by 30% per year. Annonce • Apr 08
Huationg Global Limited, Annual General Meeting, Apr 23, 2025 Huationg Global Limited, Annual General Meeting, Apr 23, 2025, at 14:30 Singapore Standard Time. Location: raffles marina, 10 tuas west drive, singapore 638404, Singapore Reported Earnings • Mar 02
Full year 2024 earnings released: EPS: S$0.092 (vs S$0.081 in FY 2023) Full year 2024 results: EPS: S$0.092 (up from S$0.081 in FY 2023). Revenue: S$226.4m (up 30% from FY 2023). Net income: S$16.4m (up 15% from FY 2023). Profit margin: 7.2% (down from 8.2% 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 35% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Feb 10
Huationg Global Limited to Report Fiscal Year 2024 Results on Mar 01, 2025 Huationg Global Limited announced that they will report fiscal year 2024 results at 5:00 PM, Singapore Standard Time on Mar 01, 2025 New Risk • Jan 27
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 Singaporean 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (S$38.1m market cap, or US$28.4m). Declared Dividend • Aug 16
First half dividend increased to S$0.005 Dividend of S$0.005 is 67% higher than last year. Ex-date: 5th September 2024 Payment date: 16th September 2024 Dividend yield will be 7.4%, which is higher than the industry average of 4.6%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (1% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 46% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Aug 15
Huationg Global Limited Announces Tax Exempt One-Tier Interim Dividend for the Financial Year Ended December 31, 2024, Payable on September 16, 2024 Huationg Global Limited announced the Share Transfer Books and Register of Members of Huationg Global Limited will be closed on 6 September 2024 (the Record Date) at 5.00 p.m. for
the purposes of determining shareholders' entitlements to the tax exempt one-tier interim dividend of SGD 0.005 per ordinary share in the capital of the Company for the financial year ended
December 31, 2024 (the Interim Dividend). Duly completed registrable transfers received by the Company's Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., at 1 Harbourfront Avenue Keppel Bay Tower #14-07 Singapore 098632 up to 5.00 p.m. on the Record Date will be registered to determine shareholders' entitlements to the Interim Dividend. Members whose Securities Accounts with The Central Depository (Pte) Limited are credited with ordinary shares at 5.00 p.m. on the Record Date will be entitled to the Interim Dividend. Payment of the Interim Dividend will be made on September 16, 2024. Declared Dividend • May 01
Final dividend of S$0.005 announced Dividend of S$0.005 is the same as last year. Ex-date: 7th May 2024 Payment date: 20th May 2024 Dividend yield will be 5.2%, which is higher than the industry average of 4.6%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (2% cash payout ratio). The dividend has increased by an average of 3.2% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Apr 27
Huationg Global Limited Approves Final One-Tier Tax Exempt Dividend for the Financial Year Ended 31 December 2023, Payable on 20 May 2024 Huationg Global Limited at its AGM held on 26 April 2024, the company approved final one-tier tax exempt dividend of SGD 0.005 per ordinary share for the financial year ended 31 December 2023. Payment of the Final Dividend will be made on 20 May 2024. Annonce • Apr 10
Huationg Global Limited, Annual General Meeting, Apr 26, 2024 Huationg Global Limited, Annual General Meeting, Apr 26, 2024, at 14:30 Singapore Standard Time. Location: Raffles Marina, 10 Tuas West Dr, Singapore Agenda: To receive and adopt the Directors’ Statement and Audited Financial Statements for the financial year ended 31 December 2023; to declare a final one-tier tax exempt dividend of SGD 0.005 per ordinary share for the financial year ended 31 December 2023; to consider Re-election of Mr. Cheang You Kong as Director of the Company; to consider Re-election of Ms. Gn Jong Yuh Gwendolyn as Director of the Company; to consider Re-election of Mr. Wong King Kheng as Director of the Company; to consider Approval of Directors’ fees amounting to SGD 165,000 for the financial year ending 31 December 2024, payable half yearly in arrears; and to consider other matters. Annonce • Apr 05
Huationg Global Limited Announces Appointment of Wong King Kheng as Independent Director Huationg Global Limited announced appointment of Mr. Wong King Kheng as Independent Director. Role And Responsibilities: Non-Executive Independent Director, AC Member, NC Member, RC Member. Working Experience: Current: - K K Wong & Associates, Founder (1988 - Present) - Ossia International Limited, Lead Independent Director (1996 - Present) - Tiong Woon Corporation Holding Ltd, Lead Independent Director (1999 - Present) - JCY International Bhd, Executive Chairman (2023 - Present, Executive Director 2006 - 2023) - International Renewal Energy Holding Pte Ltd, Director (2018 - Present) - Soh & Wong Management Consultants Pte Ltd. (1989 - Present) - In-tec Global Pte Ltd., Director (1992 - Present) Past: - Internet Technology Group Limited, Lead Independent Director (2014 - 2021) - Hatten Land Limited, Lead Independent Director (2017 - 2023, Independent Director 1996 - 2017). Professional Qualifications: Qualified Chartered Accountant, England & Wales (1975 to 1980) Fellow Member of Singapore Chartered Accountants Fellow Member of Australian CPA Member of Malaysian Institute of Accountants. New Risk • Mar 09
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: S$200k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (0% payout ratio). Significant insider selling over the past 3 months (S$200k sold). Market cap is less than US$100m (S$25.3m market cap, or US$19.0m). Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: S$0.081 (vs S$0.058 in FY 2022) Full year 2023 results: EPS: S$0.081 (up from S$0.058 in FY 2022). Revenue: S$174.6m (up 15% from FY 2022). Net income: S$14.3m (up 40% from FY 2022). Profit margin: 8.2% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (S$26.1m market cap, or US$19.4m). Annonce • Feb 16
Huationg Global Limited Appoints Gn Jong Yuh Gwendolyn as an Independent Director and Member of the Audit Committee, Member of the Remuneration Committee and Member of the Nominating Committee The board of directors of Huationg Global Limited refers to the announcement made by the company on 16 February 2024 pursuant to Rule 704(6)(a) of the Singapore Exchange Securities Trading Limited Listing Manual Section B: Rules of Catalist (the Catalist Rules) in relation to, inter alia, Ms. Gn Jong Yuh Gwendolyn's appointment as an independent director of the company with effect from 16 February 2024. Following her appointment, Ms. Gn will also be appointed as a member of the Audit Committee, member of the Remuneration Committee and member of the Nominating Committee. Following the appointment, the board of directors and board committees shall be re-constituted as follows: Audit Committee: Mr. Yap Kian Peng (Chairman); Mr. Cheang You Kong (Member); Mr. Wee Heng Yi, Adrian (Member); Ms. Gn Jong Yuh Gwendolyn (Member). Nominating Committee: Mr. Wee Heng Yi, Adrian (Chairman); Mr. Yap Kian Peng (Member); Mr. Cheang You Kong (Member); Mr. Ng Kian Ann Patrick (Member); Ms. Gn Jong Yuh Gwendolyn (Member). Remuneration Committee: Mr. Cheang You Kong (Chairman); Mr. Yap Kian Peng (Member); Mr. Wee Heng Yi, Adrian (Member); Ms. Gn Jong Yuh Gwendolyn (Member). Working Experience: Equity Partner of Shook Lin & Bok LLP (2006 - Present). Other Director Ships Past: Director of: - Libra Group Limited (December 2017 - July 2019) Principal Commitments: - Nil. Other Director Ships Present: Director of: - UMS Holdings Limited - Tata Precision Industries Pte Ltd. - YHI International Limited - Mary Chia Holdings Limited - Darco Water Technologies Limited Principal Commitments: - Equity Partner, Shook Lin & Bok LLP. Director Experience Details: UMS Holdings Limited - YHI International Limited - Mary Chia Holdings Limited - Darco Water Technologies Limited. Professional Qualifications: LLB (Hons), National University of Singapore (1994) Advocate & Solicitor of Singapore (1995). Annonce • Nov 12
Huationg Global Limited Appoints Tan Siew Hee as Chief Financial Officer, Effective November 14, 2023 The Board of Directors of Huationg Global Limited has considered, reviewed and assessed the qualifications, working experience and suitability of Mr. Tan Siew Hee, as well as the recommendations of the Nominating Committee and Audit Committee and as such, approved Mr. Tan Siew Hee's appointment as the Chief Financial Officer of the Company. The Board of Directors is satisfied that Mr. Tan Siew Hee has the requisite experience and capability to assume the responsibility as the Chief Financial Officer of the Company. Role And Responsibilities: Executive Mr. Tan Siew Hee will be responsible for the Group's regulatory compliance and overseeing finance and accounting functions of the Group. Job Title: Chief Financial Officer. Working Experience: Tay Paper Recycling Pte. Ltd. General Manager (Aug 2020 - Nov. 2023) Sembcorp Environment Pte. Ltd. Senior Finance. Manager (Aug 2009 - Nov. 2019). Appointment Date is November 14, 2023. Reported Earnings • Aug 16
First half 2023 earnings released: EPS: S$0.029 (vs S$0.019 in 1H 2022) First half 2023 results: EPS: S$0.029 (up from S$0.019 in 1H 2022). Revenue: S$69.8m (up 1.6% from 1H 2022). Net income: S$5.22m (up 57% from 1H 2022). Profit margin: 7.5% (up from 4.9% in 1H 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. New Risk • Jun 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.9% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (S$23.0m market cap, or US$17.2m). Reported Earnings • Apr 14
Full year 2022 earnings released: EPS: S$0.058 (vs S$0.034 in FY 2021) Full year 2022 results: EPS: S$0.058 (up from S$0.034 in FY 2021). Revenue: S$156.9m (down 7.9% from FY 2021). Net income: S$10.2m (up 92% from FY 2021). Profit margin: 6.5% (up from 3.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: S$0.058 (vs S$0.034 in FY 2021) Full year 2022 results: EPS: S$0.058 (up from S$0.034 in FY 2021). Revenue: S$156.9m (down 7.9% from FY 2021). Net income: S$10.2m (up 92% from FY 2021). Profit margin: 6.5% (up from 3.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Dec 31
Huationg Global Limited Announces Appointment of Yap Kian Peng as Lead Independent Director and Audit Committee Chairman The Board of Directors of Huationg Global Limited approved the appointment of Mr. Yap Kian Peng as the Lead Independent and Non-Executive Director and Chairman of the Audit Committee of the Company. Job Title: Lead Independent Director, Chairman of the Audit Committee, Member of the Remuneration Committee and Member of the Nominating Committee. Working Experience: December 2011 to Present - Chief Executive Officer, Jackspeed Corporation Limited. Director Experience Details: 1. Director and Chief Executive Officer of Jackspeed Corporation Limited 2. Director of Seroja Investments Limited 3. Director of Soon Lian Holdings Limited 4. Director of M Development Ltd. 5. Director of Sincap Group Limited 6. Director of Travelite Holdings Ltd. 7. Director of Silkroad Nickel Ltd. (when it was known as China Bearing Ltd.). Professional Qualifications: Bachelor of Business (Business Administration), RMIT University. Annonce • Nov 17
Huationg Global Limited Announces Cessation of Yuen Sou Wai as Lead Independent Director and Audit Committee Chairman Huationg Global Limited announced the Cessation of Yuen Sou Wai as Lead Independent Director and Audit Committee Chairman. Mr. Yuen was first appointed to the Board on 11 November 2014. As part of the Board renewal process, Mr. Yuen has decided to resign. After having interviewed Mr. Yuen and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Yuen as the Independent Director of the Company. The Company is currently in the midst of reviewing a suitable candidate to be appointed to the Board, Audit Committee, Nominating Committee and Remuneration Committee. Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director You Cheang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down S$1.01m from profit in 1H 2021). Profit margin: (down from 1.1% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annonce • Aug 13
Huationg Global Limited Announces Tax-Exempt (One-Tier) Interim Dividend for the Financial Year Ending 31 December 2022, Payable on 15 September 2022 Huationg Global Limited announced that the Share Transfer Books and Register of Members of the company will be closed on 7 September 2022 (the "Record Date") for the purpose of determining shareholders' entitlements to the tax-exempt (one-tier) interim dividend of SGD 0.003 per ordinary share for the financial year ending 31 December 2022. Payment of the Interim Dividend will be made on 15 September 2022. Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: S$0.034 (vs S$0.049 loss in FY 2020) Full year 2021 results: EPS: S$0.034 (up from S$0.049 loss in FY 2020). Revenue: S$170.4m (up 47% from FY 2020). Net income: S$5.33m (up S$12.8m from FY 2020). Profit margin: 3.1% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annonce • Apr 14
Huationg Global Limited, Annual General Meeting, Apr 29, 2022 Huationg Global Limited, Annual General Meeting, Apr 29, 2022, at 14:30 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and the Audited Financial Statements of the Company for the financial year ended December 31, 2021 together with the Auditors' Report thereon; to re-elect the Directors retiring pursuant to Regulation 117 of the Company's Constitution; to approve the payment of Directors' fees of S$125,000 for the financial year ending 31 December 2022, payable half yearly in arrears (2021:S$125,000); to re-appoint Baker Tilly TFW LLP as the Company's Auditors and to authorize the Directors to fix their remuneration; and to transact any other ordinary business which may properly be transacted at an Annual General Meeting. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: S$0.034 (up from S$0.049 loss in FY 2020). Revenue: S$170.4m (up 47% from FY 2020). Net income: S$5.33m (up S$12.8m from FY 2020). Profit margin: 3.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Nov 21
Insider recently sold S$467k worth of stock On the 17th of November, Weixiong Cheong sold around 3m shares on-market at roughly S$0.16 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of S$459k more than they bought in the last 12 months. Reported Earnings • Apr 18
Full year 2020 earnings released: S$0.049 loss per share (vs S$0.02 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$116.0m (down 13% from FY 2019). Net loss: S$7.47m (down 352% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Annonce • Aug 06
Huationg Global Limited to Report First Half, 2020 Results on Aug 14, 2020 Huationg Global Limited announced that they will report first half, 2020 results on Aug 14, 2020 
