Annuncio • Jul 15
Automated Systems Holdings Limited Provides Earnings Guidance for the Six Months Ended 30Th June 2026 Automated Systems Holdings Limited provided earnings guidance for the six months ended 30th June 2026. For the period, the company expects to record a loss attributable to owners of the Company in the range of approximately HKD 290 million to HKD 310 million for the Period, as compared with a profit attributable to owners of the Company of HKD 41.5 million for the corresponding period ended 30th June 2025. The Board believes that the expected loss for the Period is mainly attributable to a net non-cash charge expected to be recognized in respect of the Group's interest in its associate, Grid Dynamics Holdings Inc. ("GDH"). Upcoming Dividend • May 20
Upcoming dividend of HK$0.13 per share Eligible shareholders must have bought the stock before 27 May 2026. Payment date: 17 June 2026. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Hong Kong dividend payers (6.8%). Higher than average of industry peers (1.8%). Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: HK$0.099 (vs HK$0.18 in FY 2024) Full year 2025 results: EPS: HK$0.099 (down from HK$0.18 in FY 2024). Revenue: HK$2.61b (up 9.8% from FY 2024). Net income: HK$82.4m (down 45% from FY 2024). Profit margin: 3.2% (down from 6.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Declared Dividend • Mar 27
Dividend of HK$0.13 announced Shareholders will receive a dividend of HK$0.13. Ex-date: 27th May 2026 Payment date: 17th June 2026 Dividend yield will be 15%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (16% 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 5.7% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Mar 26
Automated Systems Holdings Limited announces Annual dividend, payable on June 17, 2026 Automated Systems Holdings Limited announced Annual dividend of HKD 0.0300 per share payable on June 17, 2026, ex-date on May 27, 2026 and record date on May 28, 2026. Reported Earnings • Mar 26
Full year 2025 earnings released: EPS: HK$0.099 (vs HK$0.18 in FY 2024) Full year 2025 results: EPS: HK$0.099 (down from HK$0.18 in FY 2024). Revenue: HK$2.61b (up 9.8% from FY 2024). Net income: HK$82.4m (down 45% from FY 2024). Profit margin: 3.2% (down from 6.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Annuncio • Mar 26
Automated Systems Holdings Limited, Annual General Meeting, May 20, 2026 Automated Systems Holdings Limited, Annual General Meeting, May 20, 2026. Annuncio • Mar 12
Automated Systems Holdings Limited to Report Fiscal Year 2025 Results on Mar 25, 2026 Automated Systems Holdings Limited announced that they will report fiscal year 2025 results on Mar 25, 2026 New Risk • Oct 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$758.7m (US$97.5m) 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (HK$758.7m market cap, or US$97.5m). Reported Earnings • Sep 24
First half 2025 earnings released: EPS: HK$0.05 (vs HK$0.046 in 1H 2024) First half 2025 results: EPS: HK$0.05 (up from HK$0.046 in 1H 2024). Revenue: HK$1.33b (up 8.8% from 1H 2024). Net income: HK$41.5m (up 9.0% from 1H 2024). Profit margin: 3.1% (in line with 1H 2024). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Aug 23
First half 2025 earnings released: EPS: HK$0.05 (vs HK$0.046 in 1H 2024) First half 2025 results: EPS: HK$0.05 (up from HK$0.046 in 1H 2024). Revenue: HK$1.33b (up 8.8% from 1H 2024). Net income: HK$41.5m (up 9.0% from 1H 2024). Profit margin: 3.1% (in line with 1H 2024). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year. Annuncio • May 21
Automated Systems Holdings Limited Approves Final Dividend Automated Systems Holdings Limited in its AGM held on May 21, 2025 approved the final dividend of 3.0 HK cents per share. Upcoming Dividend • May 20
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 27 May 2025. Payment date: 17 June 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (1.9%). Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: HK$0.18 (vs HK$0.16 in FY 2023) Full year 2024 results: EPS: HK$0.18 (up from HK$0.16 in FY 2023). Revenue: HK$2.37b (flat on FY 2023). Net income: HK$149.3m (up 14% from FY 2023). Profit margin: 6.3% (up from 5.6% in FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 28
Dividend of HK$0.03 announced Dividend of HK$0.03 is the same as last year. Ex-date: 27th May 2025 Payment date: 17th June 2025 Dividend yield will be 3.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 50% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: HK$0.18 (vs HK$0.16 in FY 2023) Full year 2024 results: EPS: HK$0.18 (up from HK$0.16 in FY 2023). Revenue: HK$2.37b (flat on FY 2023). Net income: HK$149.3m (up 14% from FY 2023). Profit margin: 6.3% (up from 5.6% in FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Annuncio • Mar 13
Automated Systems Holdings Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Automated Systems Holdings Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Sep 26
First half 2024 earnings released: EPS: HK$0.046 (vs HK$0.11 in 1H 2023) First half 2024 results: EPS: HK$0.046 (down from HK$0.11 in 1H 2023). Revenue: HK$1.23b (down 1.4% from 1H 2023). Net income: HK$38.1m (down 58% from 1H 2023). Profit margin: 3.1% (down from 7.3% in 1H 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
First half 2024 earnings released: EPS: HK$0.046 (vs HK$0.11 in 1H 2023) First half 2024 results: EPS: HK$0.046 (down from HK$0.11 in 1H 2023). Revenue: HK$1.23b (down 1.4% from 1H 2023). Net income: HK$38.1m (down 58% from 1H 2023). Profit margin: 3.1% (down from 7.3% in 1H 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. New Risk • Aug 22
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: 3.3% Last year net profit margin: 7.7% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (HK$458.5m market cap, or US$58.8m). Annuncio • Aug 07
Automated Systems Holdings Limited to Report First Half, 2024 Results on Aug 21, 2024 Automated Systems Holdings Limited announced that they will report first half, 2024 results on Aug 21, 2024 Annuncio • May 29
Automated Systems Holdings Limited Declares Final Dividend Automated Systems Holdings Limited at its AGM held on 29 May 2024 declared a final dividend of 3.0 HK cent per Share. Upcoming Dividend • May 28
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 04 June 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Hong Kong dividend payers (7.5%). Higher than average of industry peers (3.2%). Reported Earnings • May 05
Full year 2023 earnings released: EPS: HK$0.16 (vs HK$0.12 in FY 2022) Full year 2023 results: EPS: HK$0.16 (up from HK$0.12 in FY 2022). Revenue: HK$2.36b (up 6.5% from FY 2022). Net income: HK$131.3m (up 29% from FY 2022). Profit margin: 5.6% (up from 4.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 29
Dividend of HK$0.03 announced Dividend of HK$0.03 is the same as last year. Ex-date: 4th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.3%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 8.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Mar 28
Automated Systems Holdings Limited, Annual General Meeting, May 29, 2024 Automated Systems Holdings Limited, Annual General Meeting, May 29, 2024. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: HK$0.16 (vs HK$0.12 in FY 2022) Full year 2023 results: EPS: HK$0.16 (up from HK$0.12 in FY 2022). Revenue: HK$2.36b (up 6.5% from FY 2022). Net income: HK$131.3m (up 29% from FY 2022). Profit margin: 5.6% (up from 4.6% 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 82% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Annuncio • Mar 27
Automated Systems Holdings Limited Proposes Final Dividend for the Year Ended December 31, 2023 Payable on 26 June 2024 Automated Systems Holdings Limited proposed a final dividend of HKD 0.03 per share for the year ended December 31, 2023. The dividend is payable on 26 June 2024 with record date of 12 June 2024, ex-dividend date of 04 June 2024 and date of shareholders' approval of 29 May 2024. Annuncio • Mar 16
Automated Systems Holdings Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Automated Systems Holdings Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Reported Earnings • Aug 25
First half 2023 earnings released: EPS: HK$0.11 (vs HK$0.014 in 1H 2022) First half 2023 results: EPS: HK$0.11 (up from HK$0.014 in 1H 2022). Revenue: HK$1.24b (up 14% from 1H 2022). Net income: HK$91.1m (up HK$79.8m from 1H 2022). Profit margin: 7.3% (up from 1.0% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Annuncio • Aug 10
Automated Systems Holdings Limited to Report Q2, 2023 Results on Aug 23, 2023 Automated Systems Holdings Limited announced that they will report Q2, 2023 results on Aug 23, 2023 Upcoming Dividend • May 24
Upcoming dividend of HK$0.03 per share at 4.0% yield Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (3.4%). Buying Opportunity • May 23
Now 21% undervalued Over the last 90 days, the stock is up 4.1%. The fair value is estimated to be HK$0.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 64%. Buying Opportunity • Apr 30
Now 21% undervalued Over the last 90 days, the stock is up 2.7%. The fair value is estimated to be HK$0.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 64%. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: HK$0.12 (vs HK$0.005 in FY 2021) Full year 2022 results: EPS: HK$0.12 (up from HK$0.005 in FY 2021). Revenue: HK$2.22b (up 8.1% from FY 2021). Net income: HK$101.6m (up HK$97.5m from FY 2021). Profit margin: 4.6% (up from 0.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Nov 16
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 Rerina Or was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 25
First half 2022 earnings released: EPS: HK$0.014 (vs HK$0.11 loss in 1H 2021) First half 2022 results: EPS: HK$0.014 (up from HK$0.11 loss in 1H 2021). Revenue: HK$1.09b (flat on 1H 2021). Net income: HK$11.3m (up HK$104.0m from 1H 2021). Profit margin: 1.0% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year. Annuncio • May 31
Automated Systems Holdings Limited Proposes Final Dividend The Board of Automated Systems Holdings Limited to announce that all the resolutions proposed at the AGM held on 30th May 2022 to declare a final dividend of 3.0 HK cent per Share. Upcoming Dividend • May 26
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 02 June 2022. Payment date: 24 June 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.1%. Lower than top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (1.7%). Board Change • Apr 27
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 Rerina Or was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Full year 2021 earnings released Full year 2021 results: Revenue: HK$2.05b (up 3.1% from FY 2020). Net income: HK$4.13m (down 84% from FY 2020). Profit margin: 0.2% (down from 1.3% in FY 2020). The decrease in margin was driven by higher expenses. Annuncio • Apr 01
Automated Systems Holdings Limited Approves Ordinary Final Dividend for the Year 2021, Payable June 24, 2022 Automated Systems Holdings Limited approved of ordinary final dividend of HKD 0.03 per share. Ex-dividend date 02 June 2022 Record date 10 June 2022. Payment date 24 June 2022. Date of shareholders' approval 30 May 2022. Annuncio • Feb 09
Automated Systems Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2021 Automated Systems Holdings Limited provided earnings guidance for the year ended 31 December 2021. Based on the information currently available to the Company, the Board wishes to clarify that the heading of the announcement shall be read as profit warning, and to further inform the shareholders of the Company and the potential investors that, despite the Group anticipates that the adjusted EBITDA for the year of 2021 will increasenot less than 10% as compared to last year, it is expected that the Group will record a net loss of approximately HKD 10.0 million for the year ended 31st December 2021 as compared to a net profit of approximately HKD 856.1 million for the year of 2020 under the adverse impact of the following non-operating factors (as disclosed in the Announcement): as compared with the one-off gain (approximately HK$832.4 million) recorded last year arising from the disposal and spin-off of Grid Dynamics International Inc.; the Group's interests in an associate, Grid Dynamics Holdings Inc. ("GDH"), were diluted by exercise of warrants of GDH; and the interests of the Group were diluted upon vesting of shares and exercise of share options under the incentive plan of GDH adopted after the spin-off and listing. As disclosed in the Announcement, the dilution effects of (ii) and (iii) above will be recorded as loss on deemed disposal of partial interests in associates (approximately HK$170 million in total) in accordance with the Hong Kong Accounting Standards, but there is no impact on the performance of the core businesses and cash flow of the Company. Annuncio • Feb 01
Automated Systems Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2021 Automated Systems Holdings Limited provided earnings guidance for the year ended 31 December 2021. For the year, the year the group will record an expected increase of not less than 10% in the adjusted EBITDA as compared to last year, which is driven by a nearly 20% growth in orders newly secured in Hong Kong, Macau and Asia Pacific as compared to last year. Board Change • Dec 06
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 Rerina Or was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 27
First half 2021 earnings released: HK$0.11 loss per share (vs HK$0.012 loss in 1H 2020) The company reported a soft first half result with increased losses and weaker control over costs, although revenues improved. First half 2021 results: Revenue: HK$1.08b (up 7.3% from 1H 2020). Net loss: HK$92.7m (loss widened HK$83.1m from 1H 2020). 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. Upcoming Dividend • Sep 20
Upcoming dividend of HK$0.24 per share Eligible shareholders must have bought the stock before 27 September 2021. Payment date: 19 October 2021. Trailing yield: 2.0%. Lower than top quartile of Hong Kong dividend payers (6.8%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 27
First half 2021 earnings released: HK$0.11 loss per share (vs HK$0.012 loss in 1H 2020) The company reported a soft first half result with increased losses and weaker control over costs, although revenues improved. First half 2021 results: Revenue: HK$1.08b (up 7.3% from 1H 2020). Net loss: HK$92.7m (loss widened HK$83.1m from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Annuncio • Aug 26
Automated Systems Holdings Limited Recommends Special Dividend, Payable on or Before October 19, 2021 On 25th August 2021, the Board of Automated Systems Holdings Limited have resolved to recommend the payment of a special dividend of 24.0 Hong Kong cents per share. Subject to the approval of shareholders at a special general meeting, the proposed special dividend is expected to be paid on or before 19th October 2021 to shareholders whose names appear on the register of members of the Company on 29th September 2021. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 17% share price gain to HK$1.64, the stock trades at a trailing P/E ratio of 53.6x. Average trailing P/E is 15x in the IT industry in Hong Kong. Total returns to shareholders of 45% over the past three years. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 17% share price gain to HK$1.29, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 13x in the IT industry in Hong Kong. Total returns to shareholders of 17% over the past three years. Annuncio • May 27
Automated Systems Holdings Limited Approves Final Dividend Automated Systems Holdings Limited at its AGM held on May 26, 2021 approved final dividend of 3.0 Hong Kong cents per Share. Valuation Update With 7 Day Price Move • May 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to HK$1.22, the stock trades at a trailing P/E ratio of 39.9x. Average trailing P/E is 14x in the IT industry in Hong Kong. Total returns to shareholders of 1.9% over the past three years. Upcoming Dividend • May 25
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 31 May 2021. Payment date: 21 June 2021. Trailing yield: 2.3%. Lower than top quartile of Hong Kong dividend payers (6.0%). Higher than average of industry peers (1.2%). Reported Earnings • Apr 28
Full year 2020 earnings released: EPS HK$0.031 (vs HK$0.024 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$1.99b (up 4.5% from FY 2019). Net income: HK$25.3m (up 31% from FY 2019). Profit margin: 1.3% (up from 1.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS HK$0.031 (vs HK$0.12 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$1.99b (down 30% from FY 2019). Net income: HK$25.3m (down 73% from FY 2019). Profit margin: 1.3% (down from 3.3% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Annuncio • Mar 16
Automated Systems Holdings Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 Automated Systems Holdings Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 31% share price gain to HK$1.88, the stock is trading at a trailing P/E ratio of 21.3x, up from the previous P/E ratio of 16.3x. This compares to an average P/E of 15x in the IT industry in Hong Kong. Total returns to shareholders over the past three years are 123%. Is New 90 Day High Low • Jan 21
New 90-day high: HK$1.44 The company is up 12% from its price of HK$1.29 on 23 October 2020. The Hong Kong market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: HK$1.43 The company is up 18% from its price of HK$1.21 on 11 September 2020. The Hong Kong market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 10.0% over the same period. Valuation Update With 7 Day Price Move • Dec 10
Market bids up stock over the past week After last week's 23% share price gain to HK$1.43, the stock is trading at a trailing P/E ratio of 16.2x, up from the previous P/E ratio of 13.1x. This compares to an average P/E of 13x in the IT industry in Hong Kong. Total returns to shareholders over the past three years are 115%. Reported Earnings • Sep 24
First half earnings released Over the last 12 months the company has reported total profits of HK$72.3m, up 63% from the prior year. Total revenue was HK$2.92b over the last 12 months, up 36% from the prior year.