New Risk • May 28
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 49% 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 (49% accrual ratio). Minor Risk Market cap is less than US$100m (HK$141.5m market cap, or US$18.1m). Annuncio • Apr 29
Suncorp Technologies Limited, Annual General Meeting, Jun 23, 2026 Suncorp Technologies Limited, Annual General Meeting, Jun 23, 2026, at 16:30 China Standard Time. Location: portion 2, 12/f., the center, 99 queens road central, Hong Kong Reported Earnings • Mar 25
Full year 2025 earnings released: EPS: HK$0.02 (vs HK$0.029 loss in FY 2024) Full year 2025 results: EPS: HK$0.02 (up from HK$0.029 loss in FY 2024). Revenue: HK$50.3m (up 29% from FY 2024). Net income: HK$30.3m (up HK$75.7m from FY 2024). Profit margin: 60% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Annuncio • Mar 12
Suncorp Technologies Limited to Report Fiscal Year 2025 Results on Mar 24, 2026 Suncorp Technologies Limited announced that they will report fiscal year 2025 results on Mar 24, 2026 New Risk • Jan 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 9.4% 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 High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Profit margins are more than 30% lower than last year (32% net profit margin). Market cap is less than US$100m (HK$160.0m market cap, or US$20.5m). Reported Earnings • Aug 28
First half 2025 earnings released: EPS: HK$0.014 (vs HK$0.025 loss in 1H 2024) First half 2025 results: EPS: HK$0.014 (up from HK$0.025 loss in 1H 2024). Revenue: HK$25.2m (up 46% from 1H 2024). Net income: HK$21.4m (up HK$60.2m from 1H 2024). Profit margin: 85% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Annuncio • Aug 15
Suncorp Technologies Limited to Report First Half, 2025 Results on Aug 26, 2025 Suncorp Technologies Limited announced that they will report first half, 2025 results on Aug 26, 2025 Annuncio • Apr 30
Suncorp Technologies Limited, Annual General Meeting, Jun 24, 2025 Suncorp Technologies Limited, Annual General Meeting, Jun 24, 2025, at 16:30 China Standard Time. Location: portion 2, 12/floor, the center, 99 queen`s road central, Hong Kong New Risk • Mar 28
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: HK$39m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (HK$39m revenue, or US$5.0m). Market cap is less than US$100m (HK$169.2m market cap, or US$21.8m). Annuncio • Mar 14
Suncorp Technologies Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Suncorp Technologies Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Oct 02
First half 2024 earnings released: HK$0.025 loss per share (vs HK$0.014 loss in 1H 2023) First half 2024 results: HK$0.025 loss per share (further deteriorated from HK$0.014 loss in 1H 2023). Revenue: HK$17.2m (down 58% from 1H 2023). Net loss: HK$38.8m (loss widened 85% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Annuncio • Aug 20
Suncorp Technologies Limited to Report First Half, 2024 Results on Aug 30, 2024 Suncorp Technologies Limited announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Aug 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (41% accrual ratio). Minor Risk Market cap is less than US$100m (HK$138.5m market cap, or US$17.8m). New Risk • May 14
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 41% 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 (41% accrual ratio). Minor Risk Market cap is less than US$100m (HK$206.2m market cap, or US$26.4m). Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: HK$0.026 (vs HK$0.037 loss in FY 2022) Full year 2023 results: EPS: HK$0.026 (up from HK$0.037 loss in FY 2022). Revenue: HK$66.3m (down 48% from FY 2022). Net income: HK$40.1m (up HK$97.1m from FY 2022). Profit margin: 60% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 15
Suncorp Technologies Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 Suncorp Technologies Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 New Risk • Feb 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 10% 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 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$286.2m market cap, or US$36.6m). Annuncio • Sep 26
Suncorp Technologies Limited Announces Resignation of Chow Hei Yin Terry as Executive Director Suncorp Technologies Limited announced that with effect from 25 September 2023, Mr. Chow Hei Yin Terry has tendered his resignation as an executive Director due to his other business commitments. Reported Earnings • Sep 04
First half 2023 earnings released: HK$0.014 loss per share (vs HK$0.029 loss in 1H 2022) First half 2023 results: HK$0.014 loss per share (improved from HK$0.029 loss in 1H 2022). Revenue: HK$40.8m (down 37% from 1H 2022). Net loss: HK$21.0m (loss narrowed 53% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 01
New major risk - Revenue and earnings growth Earnings have declined by 18% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$415.4m market cap, or US$52.9m). Annuncio • Aug 24
Suncorp Technologies Limited to Report First Half, 2023 Results on Aug 30, 2023 Suncorp Technologies Limited announced that they will report first half, 2023 results on Aug 30, 2023 Annuncio • Jul 07
Suncorp Technologies Limited Announces Appointment of Executive Director The board of directors of SunCorp Technologies Limited announced that Mr. Tong Hei Ming Andrew ("Mr. Tong") has been appointed as an executive Director with effect from 6 July 2023. Mr. Tong, aged 66, graduated from The London School of Economics and Political Science in 1979. Mr. Tong was a former committee member of the Asset Management Association of China and is currently a member of the Hong Kong Securities Association. Mr. Tong has extensive experience in securities, fund operations and asset management. During the past 40 years, he was employed as key positions in multiple large international banks and fund management companies, including but not limited to, Hong Kong and Japan branches of Citibank, Hong Kong and Australia branches of Lehman Brothers Holdings Inc., Japan branch of JP Morgan, Standard Chartered Bank, BNP Paribas Asset Management and UBP Asset Management Asia Ltd. Mr. Tong has not entered into a service agreement with the Company but he is subject to re- election in accordance with the bye-laws of the Company. He is entitled to director's remuneration of HKD 20,000 per month, which is determined with recommendation of the remuneration committee of the Company with reference to his duties, responsibilities, qualifications, experiences and the prevailing market conditions. Annuncio • May 20
Suncorp Technologies Limited, Annual General Meeting, Jun 23, 2023 Suncorp Technologies Limited, Annual General Meeting, Jun 23, 2023, at 16:30 China Standard Time. Location: Portion 2, 12/F., The Center, 99 Queen's Road Central, Hong Kong Central Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements for the year ended 31 December 2022 and the reports of the directors of the Company; to consider directorate reelections; to authorize the board of Directors to fix the Directors' remuneration; to consider to re-appoint McMillian Woods (Hong Kong) CPA Limited as the auditors of the Company and to authorize the Board to fix their remuneration; and to consider other matters. Reported Earnings • Aug 26
First half 2022 earnings released: EPS: HK$0 (vs HK$0.001 loss in 1H 2021) First half 2022 results: EPS: HK$0. Revenue: HK$64.9m (down 36% from 1H 2021). Net loss: HK$44.2m (loss widened HK$43.3m from 1H 2021). Reported Earnings • Apr 01
Full year 2021 earnings released: HK$0.051 loss per share (vs HK$0.085 loss in FY 2020) Full year 2021 results: HK$0.051 loss per share (up from HK$0.085 loss in FY 2020). Revenue: HK$200.0m (up 15% from FY 2020). Net loss: HK$58.8m (loss narrowed 16% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 13% per year. Reported Earnings • Sep 03
First half 2021 earnings released: HK$0.001 loss per share (vs HK$0.017 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: HK$101.1m (up 10% from 1H 2020). Net loss: HK$946.0k (loss narrowed 93% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Mar 27
Full year 2020 earnings released: HK$0.085 loss per share (vs HK$0.056 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: HK$173.7m (down 14% from FY 2019). Net loss: HK$70.1m (loss widened 64% from FY 2019). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. 