Annuncio • Jun 04
InvesTech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 26.784992 million. InvesTech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 26.784992 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 39,977,600
Price\Range: HKD 0.67
Transaction Features: Subsequent Direct Listing New Risk • Jun 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 9.7% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$191.9m market cap, or US$24.5m). Annuncio • May 29
InvesTech Holdings Limited, Annual General Meeting, Jun 24, 2026 InvesTech Holdings Limited, Annual General Meeting, Jun 24, 2026, at 11:00 China Standard Time. Location: room 02-03, 18/f, aia financial centre, 712 prince edward road east, san po kong, kowloon, Hong Kong Annuncio • May 14
InvesTech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 26.784992 million. InvesTech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 26.784992 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 39,977,600
Price\Range: HKD 0.67
Transaction Features: Subsequent Direct Listing New Risk • Mar 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥64m free cash flow). Earnings have declined by 9.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$101.9m market cap, or US$13.0m). Reported Earnings • Mar 28
Full year 2025 earnings released: CN¥0.25 loss per share (vs CN¥0.32 loss in FY 2024) Full year 2025 results: CN¥0.25 loss per share (improved from CN¥0.32 loss in FY 2024). Revenue: CN¥566.9m (up 22% from FY 2024). Net loss: CN¥49.3m (loss narrowed 22% from FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Mar 17
InvesTech Holdings Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 InvesTech Holdings Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on Mar 27, 2026 Reported Earnings • Aug 31
First half 2025 earnings released: CN¥0.071 loss per share (vs CN¥0.21 loss in 1H 2024) First half 2025 results: CN¥0.071 loss per share (improved from CN¥0.21 loss in 1H 2024). Revenue: CN¥247.3m (up 8.8% from 1H 2024). Net loss: CN¥14.1m (loss narrowed 65% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Annuncio • Aug 15
InvesTech Holdings Limited to Report First Half, 2025 Results on Aug 27, 2025 InvesTech Holdings Limited announced that they will report first half, 2025 results on Aug 27, 2025 New Risk • Aug 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% 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 2.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$135.9m market cap, or US$17.3m). Recent Insider Transactions • Jul 25
Executive Vice-Chairman recently bought HK$50k worth of stock On the 24th of July, Yat Yu Tin bought around 112k shares on-market at roughly HK$0.45 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. Yat Yu has been a buyer over the last 12 months, purchasing a net total of HK$98k worth in shares. Annuncio • Jun 24
InvesTech Holdings Limited Announces Resignation of Ms. Wang Fang as Executive Director and the Vice Chief Executive Officer, Effective June 24, 2025 The board of directors of InvesTech Holdings Limited announced that with effect from 24 June 2025, Ms. Wang Fang (Ms. Wang) has resigned as an executive Director and the vice chief executive officer of the company due to her other business commitments which require more of her time. Annuncio • May 21
InvesTech Holdings Limited, Annual General Meeting, Jun 13, 2025 InvesTech Holdings Limited, Annual General Meeting, Jun 13, 2025, at 11:00 China Standard Time. Location: room 02-03, 18/f, aia financial centre, 712 prince edward road east, san po kong., kowloon Hong Kong Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.32 loss per share (vs CN¥0.29 loss in FY 2023) Full year 2024 results: CN¥0.32 loss per share (further deteriorated from CN¥0.29 loss in FY 2023). Revenue: CN¥466.0m (down 17% from FY 2023). Net loss: CN¥63.5m (loss widened 54% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Annuncio • Mar 20
InvesTech Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 InvesTech Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 42% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥70m free cash flow). Shareholders have been substantially diluted in the past year (42% increase in shares outstanding). Market cap is less than US$10m (HK$63.0m market cap, or US$8.08m). Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change). New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥69m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥69m free cash flow). Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Market cap is less than US$10m (HK$66.0m market cap, or US$8.46m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Annuncio • Aug 20
InvesTech Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 InvesTech Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 Annuncio • May 31
InvesTech Holdings Limited Announces Resignation of Lu Chengye as Executive Director and Chung, Elizabeth Ching Yee as Non-Executive Director InvesTech Holdings Limited Board announced that Mr. Lu Chengye (Mr. Lu) and Ms. Chung, Elizabeth Ching Yee (Ms. Chung) have resigned as an executive Director and a non-executive Director respectively, with effect from 31 May 2024 (the Resignation) due to their other personal commitment whichrequires more of their dedications. Mr. Lu and Ms. Chung have confirmed that they have no disagreement with the Board in any respect and there is no matter relating to the Resignation that need to be brought to the attention of the Shareholders and/or the Stock Exchange. New Risk • Apr 05
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -CN¥151m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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). Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Market cap is less than US$10m (HK$66.0m market cap, or US$8.43m). Minor Risk Less than 1 year of cash runway based on current free cash flow (-CN¥151m). Reported Earnings • Mar 30
Full year 2023 earnings released: CN¥0.29 loss per share (vs CN¥0.32 loss in FY 2022) Full year 2023 results: CN¥0.29 loss per share. Revenue: CN¥561.0m (flat on FY 2022). Net loss: CN¥41.2m (loss widened 15% from FY 2022). Annuncio • Mar 29
InvesTech Holdings Limited, Annual General Meeting, May 31, 2024 InvesTech Holdings Limited, Annual General Meeting, May 31, 2024. Annuncio • Mar 19
InvesTech Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 InvesTech Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Feb 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 70% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Market cap is less than US$10m (HK$63.0m market cap, or US$8.06m). Market cap is less than US$10m (HK$63.0m market cap, or US$8.06m). New Risk • Nov 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Market cap is less than US$10m (HK$40.8m market cap, or US$5.23m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Annuncio • Nov 09
InvesTech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 4.45512 million. InvesTech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 4.45512 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,448,000
Price\Range: HKD 0.19
Discount Per Security: HKD 0.00665
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 04
First half 2023 earnings released: CN¥0.20 loss per share (vs CN¥0.14 loss in 1H 2022) First half 2023 results: CN¥0.20 loss per share (further deteriorated from CN¥0.14 loss in 1H 2022). Revenue: CN¥261.6m (up 33% from 1H 2022). Net loss: CN¥23.1m (loss widened 52% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Annuncio • Aug 22
InvesTech Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023 InvesTech Holdings Limited announced that they will report first half, 2023 results on Aug 31, 2023 Annuncio • Jun 16
Investech Holdings Limited Appoints Tin Yat Yu as Vice-Chairman The board of directors of InvesTech Holdings Limited announced that Ms. Tin Yat Yu has been appointed as the vice-chairman of the Company with effect from 15 June 2023. Ms. Tin, aged 57, is an executive Director of the Company and a member of the Investment Committee of the Company. Ms. Tin was appointed as an executive Director of the Company on 11 April 2022. Ms. Tin obtained a degree of doctor of business administration honoris causa from the International American University in March 2009. Ms. Tin is an entrepreneur who operates money lending business and fine dining business. Ms. Tin also has extensive experience in trading business in Hong Kong and the People's Republic of China. Ms. Tin was an executive director of Carnival Group International Holdings Limited ("Carnival") (formerly known as Oriental Ginza Holding Limited and CASH Retail Management Group Limited) (stock code: 996), a company whose shares are listed on the main board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), for the period from September 2005 to August 2011. Ms. Tin also served as the chairperson of Carnival from November 2006 to August 2011 and was responsible for the overall strategic planning and policy making. Ms. Tin served as a director of Yan Oi Tong from 2017 to 2018. She has been (i) an executive director of Virtual Mind Holding Company Limited (formerly known as CEFC Hong Kong Financial Investment Company Limited), a company whose shares are listed on the main board of the Stock Exchange, since October 2019 and its chairman from January 2021 to January 2022; and (ii) an executive director of Finsoft Financial Investment Holdings Limited, a company whose shares are listed on GEM of the Stock Exchange, since 5 May 2020 and its chairman since 19 May 2020. Ms. Tin is currently a director of Delta Wealth Finance Limited and Delta Wealth Credit Limited. Annuncio • Feb 01
InvesTech Holdings Limited Announces Executive Changes The board (the "Board") of directors (the "Director(s)") of InvesTech Holdings Limited (the "Company", together with its subsidiaries, the "Group") announces that Mr. Lu Brian Yong Chen ("Mr. Lu") has resigned as an independent non-executive Director, a member of each of the audit committee of the Company (the "Audit Committee"), the investment committee of the Company (the "Investment Committee"), and the chairman of each of the compensation and benefits committee of the Company (the "Compensation and Benefits Committee") and the nomination committee of the Company (the "Nomination Committee"), with effect from 31 January 2023 (the "Resignation") due to his other personal commitment which requires more of his dedications. Mr. Lu has confirmed that he has no disagreement with the Board in any respect and there is no matter relating to the Resignation that need to be brought to the attention on of the shareholders of the Company (the "Shareholders") and/or The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The Board announced that Mr. Hon Ming Sang ("Mr. Hon") has been appointed as an independent non-executive Director; a member of the Audit Committee; a member of the Investment Committee; the chairman of the Compensation and Benefits Committee; and (v) the chairman of the Nomination Committee, with effect from 31 January 2023. The biographical details of Mr. Hon are set out as follows: Biography of Mr. Hon, Mr. Hon, aged 44, graduated with an honour degree of Professional Accountancy in the School of Accountancy from The Chinese University of Hong Kong. He is a CFA charter holder, a member of The Hong Kong Society of Financial Analysts, a member of the Hong Kong Institute of Certified Public Accountants, a fellow member of the Association of Chartered Certified Accountants, an associate member of The Hong Kong Chartered Governance Institute and an associate member of The Chartered Governance Institute. Mr. Hon has over 13 years of working experience in listed companies and financial institutions. He has extensive experience in corporate finance, merger and acquisition, investment and financial management and compliance services. Mr. Hon is currently an independent non-executive director of the following companies listed on either GEM or the main board of the Stock Exchange: Virtual Mind Holdings Company Limited (since November 2016 company listed on the main board of the Stock Exchange with stock code: 1520) Finsoft Financial Investment Holdings Limited (a since June 2020 company listed on GEM of the Stock Exchange with stock code: 8018) Asia Energy Logistics Group Limited (a company since November 2020 listed on the main board of the Stock Exchange with stock code: 351) Furthermore, Mr. Hon had been an independent non-executive director of SFund International Holdings Limited (a company listed on the main board of the Stock Exchange with stock code: 1367, listing of which was cancelled on 20 September 2022) ("SFund") from November 2016 to February 2017 and was re-designated as its executive director from February 2017 to August 2022. He had also been appointed as SFund's company secretary, authorized representative and process agent from July 2017 to August 2022. Since 16 August 2022, Mr. Hon has also been appointed as the chief financial officer of China Gas Industry Investment Holdings Co. Ltd. (a company listed on the main board of the Stock Exchange with stock code: 1940). The Board announces that Mr. Fung Siu Kei ("Mr. Fung") has resigned as the company secretary of the Company (the "Company Secretary"), the authorised representative of the Company under Rule 3.05 of the Listing Rules (the "Authorised Representative under the Listing Rules") as well as the authorised representative of the Company for acceptance of service of process or notice in Hong Kong on behalf of the Company in accordance with Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Authorised Representative under the Companies Ordinance"), in each case, with effect from 31 January 2023. Mr. Fung has confirmed that he has no disagreement with the Board, and there are no matters in relation to his resignation from the above positions that need to be brought to the attention of the shareholders of the Company and/or the Stock Exchange. The Board announced that Mr. Chow Kit Ting ("Mr. Chow") has been appointed as the Company Secretary, the Authorised Representative under the Listing Rules and the Authorised Representative under the Companies Ordinance, in each case, with effect from 31 January 2023. The biographical details of Mr. Chow are set out as follows: Biography of Mr. Chow Mr. Chow has over 15 years' experience in the fields of auditing, accounting, corporate finance, compliance and company secretarial. He worked for an international accounting firm and various private or listed companies as financial controller and company secretary. Mr. Chow obtained a bachelor's degree of commerce in accounting from Macquarie University, Australia and an EMBA degree from The Chinese University of Hong Kong. He was accredited as a Certified Public Accountant in CPA Australia and as a member of the Hong Kong Institute of Certified Public Accountants. The Board would like to take this opportunity to express its sincere gratitude to Mr. Lu and Mr. Fung for their valuable contributions to the Company during their tenure of office and would like to take this opportunity to express its warmest welcome to Mr. Hon and Mr. Chow in joining the Company. Annuncio • Jan 04
Investech Holdings Limited Appoints Chung, Elizabeth Ching Yee as Non-Executive Director InvesTech Holdings Limited announce that Ms. Chung, Elizabeth Ching Yee ("Ms. Chung") has been appointed as a non-executive Director with effect from 3 January 2023. The biographical details of Ms. Chung are set out as follows:Ms. Chung, aged 52, graduated at Rutgers University, she started her professional career at General Electric Capital Corporation in the United States of America and joined A.T. Kearney (Hong Kong) Limited after returning Hong Kong. Ms. Chung has more than 20 years of experiences in banking, finance and investment, she also has extensive experiences in strategic planning, business development, corporate governance and corporate strategy.Ms. Chung has been appointed as an executive director, and the chief executive officer of China Brilliant Global Limited (stock code: 8026, "CBG Limited") on 18 May 2018, a company whose shares are listed on GEM of The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). Ms. Chung has extensive professional experience in global brand building and investment advisory. She was appointed as chief executive officer and executive director of Paganini Milano (SG) PTE Limited in early 2017, responsible for brand positioning, strategic planning, and business development. She leads her team to develop retail business globally. Prior to that, Ms. Chung was a director at BOCI Securities Limited and an assistant vice president at HSBC Broking Securities (Asia) Limited responsible for investment advisory for over 10 years, in charge of a department that make recommendations and provide professionalinvestment advices on asset allocation and portfolio management. She was mainly responsible for developing and maintaining strategic asset management plans for the assigned portfolio and managing relationships with various financial institutions like hedge funds, private equity firms and listing companies. Besides that, she achieved portfolio investment targets by analyzing and recommending asset allocation, disposition and evaluating alternativeinvestment opportunities to clients. Since 26 March 2021, Ms. Chung has been appointed as a director of Brillink Bank Corporation Limited (subsidiary of CBG Limited, "Brillink") and she has been appointed as the senior executive officer of Brillink since 25 March 2022. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director David Tsoi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 27
Executive Director recently bought HK$1.3m worth of stock On the 19th of October, Yat Yu Tin bought around 1m shares on-market at roughly HK$0.96 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$2.7m. Insiders have collectively bought HK$13m more in shares than they have sold in the last 12 months. Reported Earnings • Oct 02
First half 2022 earnings released: CN¥0.14 loss per share (vs CN¥0.14 loss in 1H 2021) First half 2022 results: CN¥0.14 loss per share (in line with 1H 2021). Revenue: CN¥197.1m (down 14% from 1H 2021). Net loss: CN¥15.2m (loss widened 40% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Sep 09
Executive Director recently bought HK$2.7m worth of stock On the 2nd of September, Yat Yu Tin bought around 3m shares on-market at roughly HK$1.01 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$3.6m. Insiders have collectively bought HK$12m more in shares than they have sold in the last 12 months. Reported Earnings • Sep 02
First half 2022 earnings released: CN¥0.14 loss per share (vs CN¥0.15 loss in 1H 2021) First half 2022 results: CN¥0.14 loss per share. Revenue: CN¥197.1m (down 14% from 1H 2021). Net loss: CN¥15.2m (loss widened 40% from 1H 2021). Annuncio • Aug 20
InvesTech Holdings Limited to Report First Half, 2022 Results on Aug 31, 2022 InvesTech Holdings Limited announced that they will report first half, 2022 results on Aug 31, 2022 Recent Insider Transactions • Jun 25
Chairman & CEO recently bought HK$999k worth of stock On the 22nd of June, Sek Keung Chan bought around 502k shares on-market at roughly HK$1.99 per share. This was the largest purchase by an insider in the last 3 months. Sek Keung has been a buyer over the last 12 months, purchasing a net total of HK$1.0m worth in shares. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director David Tsoi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 12
Investech Holdings Limited Appoints Ms. Tin Yat Yu Carol as Executive Director The board of directors of InvesTech Holdings Limited announce that Ms. Tin Yat Yu Carol has been appointed as i) an executive Director; and (ii) a member of the investment committee of the Company, with effect from 11 April 2022. The biographical details of Ms. Tin are set out as follows: Ms. Tin was an executive director of Carnival Group International Holdings Limited for the period from September 2005 to August 2011. Ms. Tin also served as the chairperson of Carnival from November 2006 to August 2011 and was responsible for the overall strategic planning and policy making. Ms. Tin served as a director of Yan Oi Tong from 2017 to 2018. She has been (i) an executive director of Virtual Mind Holding Company Limited. Annuncio • Apr 07
Investech Holdings Limited Announces Board Changes InvesTech Holdings Limited board of directors announced that Mr. Liu Chun Fai has resigned as an executive Director and a member of each of the compensation and benefits committee of the Company and the investment committee of the Company, with effect from 6 April 2022 due to his intention to devote more time on his other business engagements. Following the Resignation, Mr. Yuen Shiu Wai, an existing independent non-executive Director, will be appointed as a member of the Investment Committee with effect from 6 April 2022. Reported Earnings • Apr 03
Full year 2021 earnings released: CN¥0.23 loss per share (vs CN¥1.18 loss in FY 2020) Full year 2021 results: CN¥0.23 loss per share (up from CN¥1.18 loss in FY 2020). Revenue: CN¥484.6m (up 3.0% from FY 2020). Net loss: CN¥18.2m (loss narrowed 78% from FY 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Annuncio • Apr 01
InvesTech Holdings Limited, Annual General Meeting, May 23, 2022 InvesTech Holdings Limited, Annual General Meeting, May 23, 2022. Annuncio • Mar 29
InvesTech Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2021 InvesTech Holdings Limited provided earnings guidance for the year ended December 31, 2021. For the year, the company expects a substantial decrease in net loss to an amount in the range of approximately RMB 20.0 million to RMB 25.0 million as compared with that of approximately RMB 86.7 million recorded for the year ended 31 December 2020. Total comprehensive loss in the range of approximately RMB 90.0 million to RMB 100.0 million for FY2021 as compared with that of approximately RMB 360.8 million recorded for FY2020. Annuncio • Mar 23
InvesTech Holdings Limited to Report Fiscal Year 2021 Results on Mar 31, 2022 InvesTech Holdings Limited announced that they will report fiscal year 2021 results on Mar 31, 2022 Buying Opportunity • Mar 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.4%. The fair value is estimated to be CN¥2.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% per annum over the last 3 years. Earnings per share has grown by 17% per annum over the last 3 years. Annuncio • Sep 07
InvesTech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 17.4096 million. InvesTech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 17.4096 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,040,000
Price\Range: HKD 1.24
Discount Per Security: HKD 0.031
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 05
First half 2021 earnings released: CN¥0.15 loss per share (vs CN¥0.95 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: CN¥230.4m (up 14% from 1H 2020). Net loss: CN¥10.9m (loss narrowed 84% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Executive Departure • May 20
Independent Non-Executive Director has left the company On the 14th of May, Chun Sek Wong's tenure as Independent Non-Executive Director ended after 3.9 years in the role. We don't have any record of a personal shareholding under Chun Sek's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Apr 20
Full year 2020 earnings released: CN¥0.059 loss per share (vs CN¥0.015 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: CN¥470.6m (down 3.7% from FY 2019). Net loss: CN¥83.1m (loss widened 294% from FY 2019). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Executive Departure • Apr 14
Independent Non Executive Director has left the company On the 7th of April, Liangkuai Huang's tenure as Independent Non Executive Director ended after 5.1 years in the role. We don't have any record of a personal shareholding under Liangkuai's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Apr 02
Full year 2020 earnings released: CN¥0.059 loss per share (vs CN¥0.015 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: CN¥470.6m (down 3.7% from FY 2019). Net loss: CN¥83.1m (loss widened 294% from FY 2019). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Annuncio • Mar 27
InvesTech Holdings Limited Provides Preliminary Unaudited Consolidated Earnings Guidance for the Year Ended December 31, 2020 InvesTech Holdings Limited provided preliminary unaudited consolidated earnings guidance for the year ended December 31, 2020. The company reported board, it is expected that the Group would record an increase in net loss for financial year 2020 in the range of approximately RMB 85.0 million to RMB 90.0 million as compared with that of approximately RMB 24.7 million for the year ended 31 December 2019 as disclosed in the company's 2019 annual report. The increase in net loss for financial year 2020 is mainly attributable to the recognition of an impairment of loan receivables of one subsidiary of the company (details of which are set out in the announcement of the Company dated 23 February 2021) and the recognition of an impairment loss against goodwill in relation to the network system integration cash-generating unit arisen from the acquisition of Fortune Grace Management Limited in 2015, which is mainly caused by (i) the slowdown in the global economy resulted from the outbreak of the coronavirus disease 2019 ("COVID-19") pandemic and its escalation during FY2020 while the Group foresees the unfavorable global economic conditions to continue, if not worsen, in the coming years resulting from the unprecedented disruptions in various aspects of business operations
of the Group; (ii) the tension between the United States of America (the "US") and the People's Republic of China as a result of the trade war, which may affect the Group's business development of network infrastructure and software; and (iii) the stagnant growth in business in respect of the agency agreement entered into between the Group and IBO Technology Company Limited (details of which are set out in the announcement of the Company dated 15 June 2020). In addition, based on the preliminary valuation report prepared by an independent professional valuer, the fair value in relation to an equity investment of the Group in China Communication Technology Co. Ltd. as at 31 December 2020 would decrease by approximately 65.0% to 75.0% as compared with that as at 31 December 2019. A fair value loss (the "Fair Value Loss") would be recorded in the consolidated statement of
comprehensive income for financial year 2020 rather than in the consolidated statement of profit or loss for financial year 2020. Given that the Group expects to record an increase in net loss for financial year 2020 as mentioned above, coupled with the impact of the Fair Value Loss, it is expected that the Group will record total comprehensive loss in the range of approximately RMB 350.0 million to RMB 400.0 million for financial year 2020 as compared with that of approximately RMB 249.7 million for financial year 2019. The Fair Value Loss is primarily attributable to (i) the poorer business and economic environment in the industry of satellite communication products and military communication products as a result of the sanctions imposed by the US and the slowdown in the global economy caused by the outbreak and the escalation of COVID-19 and (ii) the substantial decrease in value of share investments held by CCT. Annuncio • Mar 20
InvesTech Holdings Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 InvesTech Holdings Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Recent Insider Transactions • Oct 07
Insider recently bought HK$2.0m worth of stock On the 6th of October, Yuen Sin Tin bought around 20m shares on-market at roughly HK$0.10 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$11m more in shares than they have sold in the last 12 months. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total losses of CN¥74.6m, with losses widening by 85% from the prior year. Total revenue was CN¥468.0m over the last 12 months, up 8.8% from the prior year. Annuncio • Aug 18
InvesTech Holdings Limited to Report First Half, 2020 Results on Aug 27, 2020 InvesTech Holdings Limited announced that they will report first half, 2020 results on Aug 27, 2020