Tradelink Electronic Commerce（T2E）株式概要トレードリンク・エレクトロニック・コマース・リミテッドはその子会社とともに、香港で貿易関連の公的書類を処理する政府電子取引サービス（GETS）を提供している。 詳細T2E ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績4/6財務の健全性6/6配当金2/6報酬当社が推定した公正価値より26.2%で取引されている 過去5年間の収益は年間5.4%増加しました。 リスク分析German市場と比較して、過去 3 か月間の株価の変動が非常に大きい8.87%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない すべてのリスクチェックを見るT2E Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW479,582 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA479,582 investors already sharing narrativesYour Fair Value€Current Price€0.01582.4% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0337m2016201920222025202620282031Revenue HK$225.1mEarnings HK$74.8mAdvancedSet Fair ValueView all narrativesTradelink Electronic Commerce Limited 競合他社eddingSymbol: DB:EDD3Market cap: €38.0mFrancotyp-Postalia HoldingSymbol: HMSE:FPHMarket cap: €40.5mBewithSymbol: TSE:9216Market cap: JP¥23.3bHyosung ITXSymbol: KOSE:A094280Market cap: ₩142.5b価格と性能株価の高値、安値、推移の概要Tradelink Electronic Commerce過去の株価現在の株価HK$0.01552週高値HK$0.1252週安値HK$0.0005ベータ0.291ヶ月の変化50.00%3ヶ月変化-87.29%1年変化-83.96%3年間の変化-84.21%5年間の変化-86.73%IPOからの変化-85.71%最新ニュースBuy Or Sell Opportunity • Jun 26Now 29% undervalued after recent price dropOver the last 90 days, the stock has fallen 87% to €0.015. The fair value is estimated to be €0.021, 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 6.4%.Buy Or Sell Opportunity • Jun 04Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 100% to €0.0005. The fair value is estimated to be €0.00067, 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 6.4%.Upcoming Dividend • May 27Upcoming dividend of HK$0.065 per shareEligible shareholders must have bought the stock before 03 June 2026. Payment date: 22 June 2026. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.3%).Buy Or Sell Opportunity • May 14Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 91% to €0.01. The fair value is estimated to be €0.013, 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 6.4%.Buy Or Sell Opportunity • Apr 29Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to €0.09. The fair value is estimated to be €0.12, 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 6.4%.Reported Earnings • Apr 28Full year 2025 earnings released: EPS: HK$0.11 (vs HK$0.10 in FY 2024)Full year 2025 results: EPS: HK$0.11 (up from HK$0.10 in FY 2024). Revenue: HK$252.7m (up 2.1% from FY 2024). Net income: HK$84.0m (up 2.5% from FY 2024). Profit margin: 33% (in line with FY 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.最新情報をもっと見るRecent updatesBuy Or Sell Opportunity • Jun 26Now 29% undervalued after recent price dropOver the last 90 days, the stock has fallen 87% to €0.015. The fair value is estimated to be €0.021, 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 6.4%.Buy Or Sell Opportunity • Jun 04Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 100% to €0.0005. The fair value is estimated to be €0.00067, 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 6.4%.Upcoming Dividend • May 27Upcoming dividend of HK$0.065 per shareEligible shareholders must have bought the stock before 03 June 2026. Payment date: 22 June 2026. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.3%).Buy Or Sell Opportunity • May 14Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 91% to €0.01. The fair value is estimated to be €0.013, 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 6.4%.Buy Or Sell Opportunity • Apr 29Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to €0.09. The fair value is estimated to be €0.12, 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 6.4%.Reported Earnings • Apr 28Full year 2025 earnings released: EPS: HK$0.11 (vs HK$0.10 in FY 2024)Full year 2025 results: EPS: HK$0.11 (up from HK$0.10 in FY 2024). Revenue: HK$252.7m (up 2.1% from FY 2024). Net income: HK$84.0m (up 2.5% from FY 2024). Profit margin: 33% (in line with FY 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.Buy Or Sell Opportunity • Apr 13Now 51% undervalued after recent price dropOver the last 90 days, the stock has fallen 100% to €0.0005. The fair value is estimated to be €0.001, 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 6.4%.Declared Dividend • Mar 26Final dividend of HK$0.065 announcedShareholders will receive a dividend of HK$0.065. Ex-date: 3rd June 2026 Payment date: 22nd June 2026 Dividend yield will be 13,803%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (107% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Mar 25Now 54% undervaluedOver the last 90 days, the stock has risen 11% to €0.11. The fair value is estimated to be €0.24, 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 6.5%.Reported Earnings • Mar 25Full year 2025 earnings released: EPS: HK$0.11 (vs HK$0.10 in FY 2024)Full year 2025 results: EPS: HK$0.11 (up from HK$0.10 in FY 2024). Revenue: HK$252.7m (up 2.1% from FY 2024). Net income: HK$84.0m (up 2.5% from FY 2024). Profit margin: 33% (in line with FY 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.お知らせ • Mar 24Tradelink Electronic Commerce Limited, Annual General Meeting, May 29, 2026Tradelink Electronic Commerce Limited, Annual General Meeting, May 29, 2026.お知らせ • Mar 10Tradelink Electronic Commerce Limited to Report Fiscal Year 2025 Results on Mar 24, 2026Tradelink Electronic Commerce Limited announced that they will report fiscal year 2025 results on Mar 24, 2026Upcoming Dividend • Sep 11Upcoming dividend of HK$0.037 per shareEligible shareholders must have bought the stock before 18 September 2025. Payment date: 08 October 2025. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 9.2%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.5%).New Risk • Aug 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 117% Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).Reported Earnings • Aug 21First half 2025 earnings released: EPS: HK$0.053 (vs HK$0.051 in 1H 2024)First half 2025 results: EPS: HK$0.053 (up from HK$0.051 in 1H 2024). Revenue: HK$121.0m (down 1.3% from 1H 2024). Net income: HK$41.8m (up 2.7% from 1H 2024). Profit margin: 35% (up from 33% in 1H 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Aug 06Tradelink Electronic Commerce Limited to Report First Half, 2025 Results on Aug 19, 2025Tradelink Electronic Commerce Limited announced that they will report first half, 2025 results on Aug 19, 2025お知らせ • May 16Tradelink Electronic Commerce Limited Board and Committees ChangesTradelink Electronic Commerce Limited announced that Mr. CHAU Tak Hay has retired as an Independent Non-executive Director (INED) with effect from the conclusion of the 2025 AGM. Mr. CHAU has confirmed that he has no disagreement with the Board and that there are no other matters relating to his retirement that need to be brought to the attention of the Shareholders and the SEHK. The Investment Committee has been dissolved with effect from the conclusion of the 2025 AGM. Mr. CHAU ceased to be the chairman of the Remuneration Committee and a member of each of the Audit and Governance Committee and the Investment Committee following his retirement as an INED. Mr. CHAK Hubert has been appointed as the chairman of the Remuneration Committee and ceased to be the chairman of the Investment Committee. The Board shall have 3 committees with effect from the conclusion of the 2025 AGM with composition as follows: Audit and Governance Committee - Ms. CHEUNG Ho Ling Honnus (Chairperson), Mr. CHAK Hubert, Mr. LIN Sun Mo Willy, G.B.S., J.P., FCILT; Remuneration Committee - Mr. CHAK Hubert (Chairman), Dr. LEE Harry Nai Shee, S.B.S., J.P., Ms. CHEUNG Ho Ling Honnus; Nomination Committee - Mr. LIN Sun Mo Willy, G.B.S., J.P., FCILT (Chairman), Dr. LEE Harry Nai Shee, S.B.S., J.P., Ms. CHEUNG Ho Ling Honnus. Following the conclusion of the 2025 AGM, the Board of the Company comprises Non-executive Directors: Dr. LEE Harry Nai Shee, S.B.S., J.P. (Chairman), Dr. LEE Delman and Mr. YUEN Wing Sang Vincent; Independent Non-executive Directors: Mr. CHAK Hubert, Ms. CHEUNG Ho Ling Honnus and Mr. LIN Sun Mo Willy, G.B.S., J.P., FCILT; and Executive Directors: Mr. YUEN Man Chung, S.B.S. and Mr. CHENG Chun Chung Andrew.Upcoming Dividend • May 14Upcoming dividend of HK$0.064 per shareEligible shareholders must have bought the stock before 21 May 2025. Payment date: 06 June 2025. Payout ratio is on the higher end at 98%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.3%).Board Change • Apr 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Honnus Cheung was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Declared Dividend • Mar 20Final dividend of HK$0.064 announcedShareholders will receive a dividend of HK$0.064. Ex-date: 21st May 2025 Payment date: 6th June 2025 Dividend yield will be 67%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 8.8% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates.Reported Earnings • Mar 20Full year 2024 earnings released: EPS: HK$0.10 (vs HK$0.13 in FY 2023)Full year 2024 results: EPS: HK$0.10 (down from HK$0.13 in FY 2023). Revenue: HK$247.6m (down 7.1% from FY 2023). Net income: HK$82.0m (down 19% from FY 2023). Profit margin: 33% (down from 38% in FY 2023). 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 6% per year, which means it is significantly lagging earnings.お知らせ • Mar 18Tradelink Electronic Commerce Limited, Annual General Meeting, May 16, 2025Tradelink Electronic Commerce Limited, Annual General Meeting, May 16, 2025.お知らせ • Mar 04Tradelink Electronic Commerce Limited to Report Fiscal Year 2024 Results on Mar 18, 2025Tradelink Electronic Commerce Limited announced that they will report fiscal year 2024 results on Mar 18, 2025お知らせ • Nov 22Tradelink Electronic Commerce Limited Announces Re-Designation of Cheng Chun Chung Andrew from Chief Technology Officer to Chief Operations Officer, Effective from 1 December 2024The Board of Directors of Tradelink Electronic Commerce Limited announced that Mr. CHENG Chun Chung Andrew ("Mr. CHENG") will be re-designated from the Chief Technology Officer of the Company ("CTO") to the Chief Operations Officer of the Company ("COO") with effect from 1 December 2024. Mr. CHENG will continue to act as an executive director of the Company ("ED"). Mr. CHENG, aged 55, joined the Group in 2002 and was appointed as an ED on 15 November 2011. He has served as the CTO since 1 January 2017. He is also a director of all the Company's subsidiaries. Mr. CHENG holds a Master of Commerce degree in Information Systems from the University of New South Wales, a Master of Engineering degree from the University of Sydney, a Bachelor of Engineering degree with Honours in Electrical Engineering from the University of Sydney and a Bachelor of Science degree from the University of Sydney. Mr. CHENG has 31 years' experience in IT- related business, covering internet security, domestic and international supply chain, logistics and finance.Upcoming Dividend • Sep 13Upcoming dividend of HK$0.037 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 07 October 2024. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.2%).Reported Earnings • Sep 03First half 2024 earnings released: EPS: HK$0.051 (vs HK$0.049 in 1H 2023)First half 2024 results: EPS: HK$0.051 (up from HK$0.049 in 1H 2023). Revenue: HK$122.7m (down 1.8% from 1H 2023). Net income: HK$40.7m (up 4.8% from 1H 2023). Profit margin: 33% (up from 31% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Declared Dividend • Aug 30First half dividend of HK$0.037 announcedShareholders will receive a dividend of HK$0.037. Ex-date: 19th September 2024 Payment date: 7th October 2024 Dividend yield will be 47%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (110% 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 3.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Aug 28Tradelink Electronic Commerce Limited Declares Interim Dividend for the Six Months Ended June 30, 2024, Payable on October 7, 2024Tradelink Electronic Commerce Limited declared interim dividend of HKD 0.037 per share for the six months ended June 30, 2024. Ex Dividend Date is September 19, 2024, Record date is September 23, 2024 and payment date is October 7, 2024.お知らせ • Aug 15Tradelink Electronic Commerce Limited to Report First Half, 2024 Results on Aug 28, 2024Tradelink Electronic Commerce Limited announced that they will report first half, 2024 results on Aug 28, 2024お知らせ • Jul 15Tradelink Electronic Commerce Limited Announces Retirement of Chung Shun Kwan as Executive Director and Chief Operations Officer, with Effect from 1 August 2024The board of directors of Tradelink Electronic Commerce Limited announced that Ms. CHUNG Shun Kwan ("Ms. CHUNG") will retire as an executive director and the chief operations officer of the Company with effect from 1 August 2024 following the expiration of her employment contract which has been extended yearly since she reached the retirement age in 2016 to act as the chief operations officer of the Company. Upon her retirement, Ms. CHUNG will also cease to hold any position with the subsidiaries and associates of the Company.お知らせ • May 25Tradelink Electronic Commerce Limited Announces Board ChangesTradelink Electronic Commerce Limited announced that with effect from the conclusion of the 2024 AGM: (1) Mr. YING Tze Man ("Mr. YING") has retired as a NED in conformity with the Diversity Policy; (2) Ms. CHAN Chi Yan ("Ms. CHAN") has retired as an INED in conformity with the Diversity Policy; and (3) Mr. CHUNG Wai Kwok Jimmy ("Mr. CHUNG") has retired as an INED in conformity with the Diversity Policy. Each of Mr. YING, Ms. CHAN and Mr. CHUNG has confirmed that he/she has no disagreement with the Board and that there are no other matters relating to his/her retirement that need to be brought to the attention of the Shareholders and the SEHK. The Board announced that upon approval by the Shareholders at the 2024 AGM, Ms. CHEUNG Ho Ling Honnus ("Ms. CHEUNG") has been appointed as an INED with effect from the conclusion of the 2024 AGM. Set out below is the biographical details of Ms. CHEUNG: Ms. CHEUNG Ho Ling Honnus, aged 53, was appointed as an INED on 24 May 2024. She graduated from the University of Queensland (Australia) with a Bachelor of Commerce degree and with an Executive Master of Business Administration degree from Kellogg School of Management at Northwestern University and Hong Kong University of Science and Technology. Ms. CHEUNG is a fellow member of the Hong Kong Institute ofCertified Public Accountants (HKICPA) and Certified Practising Accountants of Australia. She is also a fellow member of the Hong Kong Institute of Directors. Ms. CHEUNG has served as Co-Founder and Chief Strategy Officer of On-us Group since 2020. She has been the Independent Non-Executive Director of Mobvista Inc. (listed on the Main Board of SEHK with stock code:1860) and Stelux Holdings International Limited (listed on the Main Board of SEHK with stock code: 84) since 2022 and an Independent Director of VS MEDIA Holdings Limited (NASDAQ: VSME) since September 2023. Moreover, she was the Independent Non-Executive Director and Audit Committee Chairman for iClickInteractive Asia Group Limited (NASDAQ: ICLK) from 2017 to 2021. Prior to that, she was the Chief Financial Officer, Asia Pacific and General Manager, China for Travelzoo (NASDAQ: TZOO) from 2007 to 2019 and Regional Finance Director for Yahoo! Asia from 1999 to 2007. She built both Travelzoo Asia and Yahoo! Asia business from zero to multi-billions. Prior to working for Yahoo!, Ms. CHEUNG held various professional positions at American Standard and PricewaterhouseCoopers ("PwC"). She has over 20 years' experience in financial and management functions in listed companies. Ms. CHEUNG is an ex-colleague of Mr. CHUNG, while they were working at PwC at the same time back in the 1990s. The Board hereby announces that with effect from the conclusion of the 2024 AGM: (1) Each of Mr. YING, Ms. CHAN and Mr. CHUNG has stepped down from the Board committees of which he/she was a member or chairman respectively following his/her retirement; and (2) Ms. CHEUNG has been appointed as the chairperson of the AGC and a member of each of the RC and NC.Upcoming Dividend • May 22Upcoming dividend of HK$0.063 per shareEligible shareholders must have bought the stock before 29 May 2024. Payment date: 14 June 2024. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 10%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.3%).Reported Earnings • Mar 24Full year 2023 earnings released: EPS: HK$0.13 (vs HK$0.066 in FY 2022)Full year 2023 results: EPS: HK$0.13 (up from HK$0.066 in FY 2022). Revenue: HK$266.6m (up 3.0% from FY 2022). Net income: HK$100.6m (up 92% from FY 2022). Profit margin: 38% (up from 20% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Mar 23Tradelink Electronic Commerce Limited, Annual General Meeting, May 24, 2024Tradelink Electronic Commerce Limited, Annual General Meeting, May 24, 2024.お知らせ • Mar 09Tradelink Electronic Commerce Limited to Report Fiscal Year 2023 Results on Mar 22, 2024Tradelink Electronic Commerce Limited announced that they will report fiscal year 2023 results on Mar 22, 2024お知らせ • Feb 09Tradelink Electronic Commerce Limited Announces Change of Company Secretary and Authorised RepresentativeTradelink Electronic Commerce Limited announces that TAI Kwok Hung ("Mr. TAI") was removed from the position of company secretary of the Company as determined by the Board with effect from 9 February 2024. Mr. TAI also ceased to act as an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 9 February 2024. The Board further announces that Mr. HO Kai Tak ("Mr. HO") has been appointed as the Company Secretary and an Authorised Representative in placement of Mr. TAI with effect from 9 February 2024. Mr. HO is a practising solicitor in Hong Kong and the founder of Chow & Ho, Solicitors. Mr. HO has over 20 years of experience in commercial law and corporate service matters, and has been providing legal and company secretary services to certain corporate enterprises in Hong Kong and overseas. Having obtained a bachelor's degree in social science at The Chinese University of Hong Kong majoring in government and public administration in 1982, Mr. HO attained the legal professional qualification in the United Kingdom in 1993. He has been a practicing solicitor in Hong Kong since 1995 and has been qualified as a Greater Bay Area lawyer since August 2022. Mr. HO is currently the company secretary of Chuan Holdings Limited, the shares of which are listed on the Main Board of the Stock Exchange.New Risk • Jan 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% 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 (10% average weekly change). Earnings have declined by 6.8% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (107% cash payout ratio). Market cap is less than US$100m (€83.8m market cap, or US$90.5m).New Risk • Nov 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.2% 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 6.8% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (107% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (€83.2m market cap, or US$88.3m).Upcoming Dividend • Sep 14Upcoming dividend of HK$0.037 per share at 7.1% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 06 October 2023. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 7.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.6%).Reported Earnings • Aug 23First half 2023 earnings released: EPS: HK$0.049 (vs HK$0.018 in 1H 2022)First half 2023 results: EPS: HK$0.049 (up from HK$0.018 in 1H 2022). Revenue: HK$124.9m (flat on 1H 2022). Net income: HK$38.8m (up 167% from 1H 2022). Profit margin: 31% (up from 12% in 1H 2022).お知らせ • Aug 23Tradelink Electronic Commerce Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 06 October 2023Tradelink Electronic Commerce Limited announced Interim Dividend of HKD 0.037 per share for the Six Months Ended 30 June 2023. Ex-dividend date is 21 September 2023. Record date is 25 September 2023. Payment date is 06 October 2023.お知らせ • Aug 13Tradelink Electronic Commerce Limited Provides Earnings Guidance for the Six Months Ended June 30, 2023Tradelink Electronic Commerce Limited provided earnings guidance for the six months ended June 30, 2023. For the period, the group is expected to record a profit attributable to shareholders of the Company to be in the range of 2.5 times to 2.7 times of the corresponding period in 2022. The surge was mainly attributable to the absence of fair value loss on investments in financial investments in the first half of 2023 (loss of HKD 25.9 million was recognised in corresponding period in 2022) and an increase in interest income in the current period from time deposits of proceeds of financial investments disposed of in 2022, albeit that the challenging trade environment has impacted, adversely but not significantly, core business for the current period. The good performance of the Group for the first six months ended 30 June 2023 is largely due to the adverse investment environment causing a significant drop in net profit for the six months ended 30 June 2022 which forms a low base for comparison with the same period this year.お知らせ • Aug 09Tradelink Electronic Commerce Limited to Report First Half, 2023 Results on Aug 22, 2023Tradelink Electronic Commerce Limited announced that they will report first half, 2023 results on Aug 22, 2023Buying Opportunity • May 26Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.1%. The fair value is estimated to be €0.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 10%.お知らせ • May 13Tradelink Electronic Commerce Limited Announces Board ChangesTradelink Electronic Commerce Limited announces that Mr. HO Lap Kee, Sunny, J.P., M.H. ("Mr HO") has retired as Independent Non- executive Director of the Company in conformity with the Company's Policy of Board Diversity, Refreshment & Succession and Size; and Mr. LIN Sun Mo, Willy, GBS, MBE, JP, FCILT ("Mr LIN") is appointed as Independent Non-executive Director of the Company. The retirement of Mr. HO and the appointment of Mr. LIN both took effect after the conclusion of annual general meeting held on 12 May 2023. Mr. LIN Sun Mo, Willy, GBS, MBE, JP, FCILT, aged 63, holds a Bachelor of Science degree from Babson College in the United States of America and is the Managing Director of Milo's Knitwear (International) Limited. Mr. LIN has been an Independent Non-executive Director of Top Form International Limited (listed on the Hong Kong Main Board; stock code: 333) since May 2006 up till now. He also serves as the Chairman of the Compensation Committee of the Company and a member of both its Audit Committee and Nomination Committee. Mr. LIN was the Chairman of the Hong Kong Productivity Council from 6 August 2016 until 5 August 2022. He is currently the Chairman of the Hong Kong Shippers' Council and Honorary Chairman of the Textile Council of Hong Kong, a member of the HKSAR's Logistics Development Council, Maritime and Port Board, Trade and Industry Advisory Board, InnoHK Steering Committee, Honorary Trade Advisor of Ministry of Commerce of Thailand, and Honorary Consul of the Slovak Republic to Hong Kong and Macao. He had been the Chairman of the Hong Kong Export Credit Insurance and the Prince Philip Dental Hospital.Upcoming Dividend • May 10Upcoming dividend of HK$0.074 per share at 6.7% yieldEligible shareholders must have bought the stock before 17 May 2023. Payment date: 31 May 2023. Payout ratio is on the higher end at 99%, and the cash payout ratio is above 100%. Trailing yield: 6.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%).Reported Earnings • Mar 22Full year 2022 earnings released: EPS: HK$0.066 (vs HK$0.093 in FY 2021)Full year 2022 results: EPS: HK$0.066 (down from HK$0.093 in FY 2021). Revenue: HK$258.8m (down 6.6% from FY 2021). Net income: HK$52.3m (down 29% from FY 2021). Profit margin: 20% (down from 27% in FY 2021).お知らせ • Dec 17Tradelink Electronic Commerce Limited Announces CFO Changes, Effective 1 January 2023The board of directors of Tradelink Electronic Commerce Limited announced that due to personal reasons, Ms. CHU Pik Kwan has tendered resignation as the Chief Financial Officer of the Company with effect on 1 January 2023. Ms. PANG Kit Fong, currently Senior Vice President of Finance, has been appointed to succeed Ms. CHU to become the CFO with effect from 1 January 2023. Ms. PANG joined the Company in 2009. Prior to that, Ms. PANG worked in PricewaterhouseCoopers Ltd. for audit services. She holds a Bachelor's degree in Professional Accountancy from the Chinese University of Hong Kong. Ms. PANG is a member of Hong Kong Institute of Certified Public Accountants. She has over 17 years of experience in accounting, auditing and financial management.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Non-Executive Director Chi Yan Chan was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Sep 15Upcoming dividend of HK$0.018 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 07 October 2022. The company is paying out more than 100% of its profits and is paying out 90% of its cash flow. Trailing yield: 9.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.7%).お知らせ • Aug 24Tradelink Electronic Commerce Limited Declares Interim Dividend for the Six Months Ended 30 June 2022, Payable on 07 October 2022Tradelink Electronic Commerce Limited declared an interim dividend of HKD 0.0183 per share for the six months ended 30 June 2022. Ex-dividend date 22 September 2022. Record date 26 September 2022. Payment date 07 October 2022.Reported Earnings • Aug 23First half 2022 earnings released: EPS: HK$0.018 (vs HK$0.038 in 1H 2021)First half 2022 results: EPS: HK$0.018 (down from HK$0.038 in 1H 2021). Revenue: HK$105.8m (down 18% from 1H 2021). Net income: HK$14.6m (down 52% from 1H 2021). Profit margin: 14% (down from 23% in 1H 2021). The decrease in margin was driven by lower revenue.お知らせ • Aug 12Tradelink Electronic Commerce Limited Provides Earnings Guidance for the Six Months Ended June 30, 2022Tradelink Electronic Commerce Limited provided earnings guidance for the six months ended June 30, 2022. Group is expected to record a significant decrease in profit attributable to shareholders of the Company for the six months ended 30 June 2022 by around 50% as compared to the profit attributable to the shareholders of the Company for the corresponding period in 2021.お知らせ • May 21Tradelink Electronic Commerce Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ending 30 June 2022Tradelink Electronic Commerce Limited provided unaudited consolidated earnings guidance for the six months ending 30 June 2022. For the year, the company expects to record a very significant decrease in profit attributable to shareholders of the Company for the six months ending 30 June 2022 as compared to the profit attributable to the shareholders of the Company for the corresponding period in 2021.Upcoming Dividend • May 04Upcoming dividend of HK$0.065 per shareEligible shareholders must have bought the stock before 11 May 2022. Payment date: 25 May 2022. Payout ratio and cash payout ratio are on the higher end at 100% and 86% respectively. Trailing yield: 8.0%. Within top quartile of German dividend payers (4.1%). Higher than average of industry peers (1.3%).Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Non-Executive Director Chi Yan Chan was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 01Tradelink Electronic Commerce Limited, Annual General Meeting, May 06, 2022Tradelink Electronic Commerce Limited, Annual General Meeting, May 06, 2022, at 14:00 China Standard Time. Location: at boardroom, 12/F, Tower B, Regent Centre, 63 Wo Yi Hop Road Kwai Chung Hong Kong Agenda: To receive and adopt the audited financial statements of the company, the directors' report and the report of the auditors for the year ended 31 December 2021; to declare a final dividend in respect of the year ended 31 December 2021; to consider the re-election of retiring directors; to authorize the Board to fix the remuneration of Directors; to re-appoint KPMG as auditors of the company and to authorize the Board to fix their remuneration; to allot, issue and deal with new shares or securities convertible into shares in the unissued share capital of the company; and to consider the other matters.Upcoming Dividend • Sep 16Upcoming dividend of HK$0.028 per shareEligible shareholders must have bought the stock before 23 September 2021. Payment date: 08 October 2021. Trailing yield: 8.5%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.9%).Reported Earnings • Aug 27First half 2021 earnings released: EPS HK$0.038 (vs HK$0.025 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$128.5m (up 7.4% from 1H 2020). Net income: HK$30.0m (up 49% from 1H 2020). Profit margin: 23% (up from 17% in 1H 2020). The increase in margin was primarily driven by higher revenue.Reported Earnings • Mar 25Full year 2020 earnings released: EPS HK$0.092 (vs HK$0.10 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: HK$277.8m (down 18% from FY 2019). Net income: HK$72.8m (down 11% from FY 2019). Profit margin: 26% (up from 24% in FY 2019). The increase in margin was driven by lower expenses.お知らせ • Mar 10Tradelink Electronic Commerce Limited to Report Fiscal Year 2020 Results on Mar 23, 2021Tradelink Electronic Commerce Limited announced that they will report fiscal year 2020 results on Mar 23, 2021株主還元T2EDE Professional ServicesDE 市場7D0%1.5%0.1%1Y-84.0%-0.4%-0.5%株主還元を見る業界別リターン: T2E過去 1 年間で-0.4 % の収益を上げたGerman Professional Services業界を下回りました。リターン対市場: T2Eは、過去 1 年間で-0.5 % のリターンを上げたGerman市場を下回りました。価格変動Is T2E's price volatile compared to industry and market?T2E volatilityT2E Average Weekly Movement1,541.2%Professional Services Industry Average Movement5.6%Market Average Movement5.3%10% most volatile stocks in DE Market12.7%10% least volatile stocks in DE Market2.7%安定した株価: T2Eの株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: T2Eの 週次ボラティリティ は過去 1 年間で6103%から1541%に減少しましたが、依然としてGerman株の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1988222Tommy Yuenwww.tradelink.com.hkトレードリンク・エレクトロニック・コマース・リミテッドはその子会社とともに、香港で貿易関連の公的書類を処理する政府電子取引サービス（GETS）を提供している。3つのセグメントで事業を展開：Eコマース、ID管理、その他サービス。同社の貿易コンプライアンス・ソリューションには、輸出入貿易申告書、課税商品許可証、原産地証明書、電子貨物目録、道路貨物システム、自動目録、輸入者安全申告、事前申告規則、紙から電子への変換、保険リンク・サービスなどがある。また、デジタル倉庫、分散受注管理、輸送管理システム、サプライヤー／ベンダー管理などのサプライチェーン・ソリューションや、資産を追跡・管理するモノのインターネット・ソリューション、電子データ交換統合サービス、受注管理システム、eショップ・モジュールなどの付加価値サービスも提供している。さらに、生体認証、eKYC、顔認証、デジタル証明書、トラステッド・サイニング・ソリューション、ディープフェイク検出、TDサイン、インテリジェント契約管理、スーパーSSL証明書、カスタマー・エクスペリエンス分析ソリューションなどのID管理ソリューションも提供している。さらに、ワンストップサービス、付加価値アプリケーション、スマートPOS、自動販売機、キャッシュレス決済リーダー、セルフサービスキオスクなどのスマート製品などの決済技術ソリューションも提供している。さらに、ホットライン、技術サポート、トレーニングサービス、認証局サービス、電子メッセージのルーティングと変換サービス、電子商取引と電子物流サービスも提供している。貿易・物流、銀行・金融、政府・公共事業、小売、ホスピタリティ、その他の業界にサービスを提供している。トレードリンク・エレクトロニック・コマース社は1988年に設立され、香港の葵涌に本社を置いている。もっと見るTradelink Electronic Commerce Limited 基礎のまとめTradelink Electronic Commerce の収益と売上を時価総額と比較するとどうか。T2E 基礎統計学時価総額€102.34m収益（TTM）€9.39m売上高(TTM)€28.25m10.9xPER（株価収益率3.6xP/SレシオT2E は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計T2E 損益計算書（TTM）収益HK$252.73m売上原価HK$138.36m売上総利益HK$114.37mその他の費用HK$30.34m収益HK$84.03m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）0.11グロス・マージン45.25%純利益率33.25%有利子負債／自己資本比率0%T2E の長期的なパフォーマンスは？過去の実績と比較を見る配当金8.9%現在の配当利回り96%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/23 21:39終値2026/07/23 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tradelink Electronic Commerce Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Buy Or Sell Opportunity • Jun 26Now 29% undervalued after recent price dropOver the last 90 days, the stock has fallen 87% to €0.015. The fair value is estimated to be €0.021, 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 6.4%.
Buy Or Sell Opportunity • Jun 04Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 100% to €0.0005. The fair value is estimated to be €0.00067, 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 6.4%.
Upcoming Dividend • May 27Upcoming dividend of HK$0.065 per shareEligible shareholders must have bought the stock before 03 June 2026. Payment date: 22 June 2026. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.3%).
Buy Or Sell Opportunity • May 14Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 91% to €0.01. The fair value is estimated to be €0.013, 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 6.4%.
Buy Or Sell Opportunity • Apr 29Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to €0.09. The fair value is estimated to be €0.12, 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 6.4%.
Reported Earnings • Apr 28Full year 2025 earnings released: EPS: HK$0.11 (vs HK$0.10 in FY 2024)Full year 2025 results: EPS: HK$0.11 (up from HK$0.10 in FY 2024). Revenue: HK$252.7m (up 2.1% from FY 2024). Net income: HK$84.0m (up 2.5% from FY 2024). Profit margin: 33% (in line with FY 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.
Buy Or Sell Opportunity • Jun 26Now 29% undervalued after recent price dropOver the last 90 days, the stock has fallen 87% to €0.015. The fair value is estimated to be €0.021, 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 6.4%.
Buy Or Sell Opportunity • Jun 04Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 100% to €0.0005. The fair value is estimated to be €0.00067, 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 6.4%.
Upcoming Dividend • May 27Upcoming dividend of HK$0.065 per shareEligible shareholders must have bought the stock before 03 June 2026. Payment date: 22 June 2026. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.3%).
Buy Or Sell Opportunity • May 14Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 91% to €0.01. The fair value is estimated to be €0.013, 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 6.4%.
Buy Or Sell Opportunity • Apr 29Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to €0.09. The fair value is estimated to be €0.12, 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 6.4%.
Reported Earnings • Apr 28Full year 2025 earnings released: EPS: HK$0.11 (vs HK$0.10 in FY 2024)Full year 2025 results: EPS: HK$0.11 (up from HK$0.10 in FY 2024). Revenue: HK$252.7m (up 2.1% from FY 2024). Net income: HK$84.0m (up 2.5% from FY 2024). Profit margin: 33% (in line with FY 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.
Buy Or Sell Opportunity • Apr 13Now 51% undervalued after recent price dropOver the last 90 days, the stock has fallen 100% to €0.0005. The fair value is estimated to be €0.001, 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 6.4%.
Declared Dividend • Mar 26Final dividend of HK$0.065 announcedShareholders will receive a dividend of HK$0.065. Ex-date: 3rd June 2026 Payment date: 22nd June 2026 Dividend yield will be 13,803%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but not covered by cash flows (107% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Mar 25Now 54% undervaluedOver the last 90 days, the stock has risen 11% to €0.11. The fair value is estimated to be €0.24, 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 6.5%.
Reported Earnings • Mar 25Full year 2025 earnings released: EPS: HK$0.11 (vs HK$0.10 in FY 2024)Full year 2025 results: EPS: HK$0.11 (up from HK$0.10 in FY 2024). Revenue: HK$252.7m (up 2.1% from FY 2024). Net income: HK$84.0m (up 2.5% from FY 2024). Profit margin: 33% (in line with FY 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.
お知らせ • Mar 24Tradelink Electronic Commerce Limited, Annual General Meeting, May 29, 2026Tradelink Electronic Commerce Limited, Annual General Meeting, May 29, 2026.
お知らせ • Mar 10Tradelink Electronic Commerce Limited to Report Fiscal Year 2025 Results on Mar 24, 2026Tradelink Electronic Commerce Limited announced that they will report fiscal year 2025 results on Mar 24, 2026
Upcoming Dividend • Sep 11Upcoming dividend of HK$0.037 per shareEligible shareholders must have bought the stock before 18 September 2025. Payment date: 08 October 2025. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 9.2%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (2.5%).
New Risk • Aug 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 117% Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).
Reported Earnings • Aug 21First half 2025 earnings released: EPS: HK$0.053 (vs HK$0.051 in 1H 2024)First half 2025 results: EPS: HK$0.053 (up from HK$0.051 in 1H 2024). Revenue: HK$121.0m (down 1.3% from 1H 2024). Net income: HK$41.8m (up 2.7% from 1H 2024). Profit margin: 35% (up from 33% in 1H 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Aug 06Tradelink Electronic Commerce Limited to Report First Half, 2025 Results on Aug 19, 2025Tradelink Electronic Commerce Limited announced that they will report first half, 2025 results on Aug 19, 2025
お知らせ • May 16Tradelink Electronic Commerce Limited Board and Committees ChangesTradelink Electronic Commerce Limited announced that Mr. CHAU Tak Hay has retired as an Independent Non-executive Director (INED) with effect from the conclusion of the 2025 AGM. Mr. CHAU has confirmed that he has no disagreement with the Board and that there are no other matters relating to his retirement that need to be brought to the attention of the Shareholders and the SEHK. The Investment Committee has been dissolved with effect from the conclusion of the 2025 AGM. Mr. CHAU ceased to be the chairman of the Remuneration Committee and a member of each of the Audit and Governance Committee and the Investment Committee following his retirement as an INED. Mr. CHAK Hubert has been appointed as the chairman of the Remuneration Committee and ceased to be the chairman of the Investment Committee. The Board shall have 3 committees with effect from the conclusion of the 2025 AGM with composition as follows: Audit and Governance Committee - Ms. CHEUNG Ho Ling Honnus (Chairperson), Mr. CHAK Hubert, Mr. LIN Sun Mo Willy, G.B.S., J.P., FCILT; Remuneration Committee - Mr. CHAK Hubert (Chairman), Dr. LEE Harry Nai Shee, S.B.S., J.P., Ms. CHEUNG Ho Ling Honnus; Nomination Committee - Mr. LIN Sun Mo Willy, G.B.S., J.P., FCILT (Chairman), Dr. LEE Harry Nai Shee, S.B.S., J.P., Ms. CHEUNG Ho Ling Honnus. Following the conclusion of the 2025 AGM, the Board of the Company comprises Non-executive Directors: Dr. LEE Harry Nai Shee, S.B.S., J.P. (Chairman), Dr. LEE Delman and Mr. YUEN Wing Sang Vincent; Independent Non-executive Directors: Mr. CHAK Hubert, Ms. CHEUNG Ho Ling Honnus and Mr. LIN Sun Mo Willy, G.B.S., J.P., FCILT; and Executive Directors: Mr. YUEN Man Chung, S.B.S. and Mr. CHENG Chun Chung Andrew.
Upcoming Dividend • May 14Upcoming dividend of HK$0.064 per shareEligible shareholders must have bought the stock before 21 May 2025. Payment date: 06 June 2025. Payout ratio is on the higher end at 98%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.3%).
Board Change • Apr 10Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Honnus Cheung was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Declared Dividend • Mar 20Final dividend of HK$0.064 announcedShareholders will receive a dividend of HK$0.064. Ex-date: 21st May 2025 Payment date: 6th June 2025 Dividend yield will be 67%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 8.8% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates.
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: HK$0.10 (vs HK$0.13 in FY 2023)Full year 2024 results: EPS: HK$0.10 (down from HK$0.13 in FY 2023). Revenue: HK$247.6m (down 7.1% from FY 2023). Net income: HK$82.0m (down 19% from FY 2023). Profit margin: 33% (down from 38% in FY 2023). 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 6% per year, which means it is significantly lagging earnings.
お知らせ • Mar 18Tradelink Electronic Commerce Limited, Annual General Meeting, May 16, 2025Tradelink Electronic Commerce Limited, Annual General Meeting, May 16, 2025.
お知らせ • Mar 04Tradelink Electronic Commerce Limited to Report Fiscal Year 2024 Results on Mar 18, 2025Tradelink Electronic Commerce Limited announced that they will report fiscal year 2024 results on Mar 18, 2025
お知らせ • Nov 22Tradelink Electronic Commerce Limited Announces Re-Designation of Cheng Chun Chung Andrew from Chief Technology Officer to Chief Operations Officer, Effective from 1 December 2024The Board of Directors of Tradelink Electronic Commerce Limited announced that Mr. CHENG Chun Chung Andrew ("Mr. CHENG") will be re-designated from the Chief Technology Officer of the Company ("CTO") to the Chief Operations Officer of the Company ("COO") with effect from 1 December 2024. Mr. CHENG will continue to act as an executive director of the Company ("ED"). Mr. CHENG, aged 55, joined the Group in 2002 and was appointed as an ED on 15 November 2011. He has served as the CTO since 1 January 2017. He is also a director of all the Company's subsidiaries. Mr. CHENG holds a Master of Commerce degree in Information Systems from the University of New South Wales, a Master of Engineering degree from the University of Sydney, a Bachelor of Engineering degree with Honours in Electrical Engineering from the University of Sydney and a Bachelor of Science degree from the University of Sydney. Mr. CHENG has 31 years' experience in IT- related business, covering internet security, domestic and international supply chain, logistics and finance.
Upcoming Dividend • Sep 13Upcoming dividend of HK$0.037 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 07 October 2024. Payout ratio is on the higher end at 78%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.2%).
Reported Earnings • Sep 03First half 2024 earnings released: EPS: HK$0.051 (vs HK$0.049 in 1H 2023)First half 2024 results: EPS: HK$0.051 (up from HK$0.049 in 1H 2023). Revenue: HK$122.7m (down 1.8% from 1H 2023). Net income: HK$40.7m (up 4.8% from 1H 2023). Profit margin: 33% (up from 31% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Declared Dividend • Aug 30First half dividend of HK$0.037 announcedShareholders will receive a dividend of HK$0.037. Ex-date: 19th September 2024 Payment date: 7th October 2024 Dividend yield will be 47%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (110% 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 3.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 28Tradelink Electronic Commerce Limited Declares Interim Dividend for the Six Months Ended June 30, 2024, Payable on October 7, 2024Tradelink Electronic Commerce Limited declared interim dividend of HKD 0.037 per share for the six months ended June 30, 2024. Ex Dividend Date is September 19, 2024, Record date is September 23, 2024 and payment date is October 7, 2024.
お知らせ • Aug 15Tradelink Electronic Commerce Limited to Report First Half, 2024 Results on Aug 28, 2024Tradelink Electronic Commerce Limited announced that they will report first half, 2024 results on Aug 28, 2024
お知らせ • Jul 15Tradelink Electronic Commerce Limited Announces Retirement of Chung Shun Kwan as Executive Director and Chief Operations Officer, with Effect from 1 August 2024The board of directors of Tradelink Electronic Commerce Limited announced that Ms. CHUNG Shun Kwan ("Ms. CHUNG") will retire as an executive director and the chief operations officer of the Company with effect from 1 August 2024 following the expiration of her employment contract which has been extended yearly since she reached the retirement age in 2016 to act as the chief operations officer of the Company. Upon her retirement, Ms. CHUNG will also cease to hold any position with the subsidiaries and associates of the Company.
お知らせ • May 25Tradelink Electronic Commerce Limited Announces Board ChangesTradelink Electronic Commerce Limited announced that with effect from the conclusion of the 2024 AGM: (1) Mr. YING Tze Man ("Mr. YING") has retired as a NED in conformity with the Diversity Policy; (2) Ms. CHAN Chi Yan ("Ms. CHAN") has retired as an INED in conformity with the Diversity Policy; and (3) Mr. CHUNG Wai Kwok Jimmy ("Mr. CHUNG") has retired as an INED in conformity with the Diversity Policy. Each of Mr. YING, Ms. CHAN and Mr. CHUNG has confirmed that he/she has no disagreement with the Board and that there are no other matters relating to his/her retirement that need to be brought to the attention of the Shareholders and the SEHK. The Board announced that upon approval by the Shareholders at the 2024 AGM, Ms. CHEUNG Ho Ling Honnus ("Ms. CHEUNG") has been appointed as an INED with effect from the conclusion of the 2024 AGM. Set out below is the biographical details of Ms. CHEUNG: Ms. CHEUNG Ho Ling Honnus, aged 53, was appointed as an INED on 24 May 2024. She graduated from the University of Queensland (Australia) with a Bachelor of Commerce degree and with an Executive Master of Business Administration degree from Kellogg School of Management at Northwestern University and Hong Kong University of Science and Technology. Ms. CHEUNG is a fellow member of the Hong Kong Institute ofCertified Public Accountants (HKICPA) and Certified Practising Accountants of Australia. She is also a fellow member of the Hong Kong Institute of Directors. Ms. CHEUNG has served as Co-Founder and Chief Strategy Officer of On-us Group since 2020. She has been the Independent Non-Executive Director of Mobvista Inc. (listed on the Main Board of SEHK with stock code:1860) and Stelux Holdings International Limited (listed on the Main Board of SEHK with stock code: 84) since 2022 and an Independent Director of VS MEDIA Holdings Limited (NASDAQ: VSME) since September 2023. Moreover, she was the Independent Non-Executive Director and Audit Committee Chairman for iClickInteractive Asia Group Limited (NASDAQ: ICLK) from 2017 to 2021. Prior to that, she was the Chief Financial Officer, Asia Pacific and General Manager, China for Travelzoo (NASDAQ: TZOO) from 2007 to 2019 and Regional Finance Director for Yahoo! Asia from 1999 to 2007. She built both Travelzoo Asia and Yahoo! Asia business from zero to multi-billions. Prior to working for Yahoo!, Ms. CHEUNG held various professional positions at American Standard and PricewaterhouseCoopers ("PwC"). She has over 20 years' experience in financial and management functions in listed companies. Ms. CHEUNG is an ex-colleague of Mr. CHUNG, while they were working at PwC at the same time back in the 1990s. The Board hereby announces that with effect from the conclusion of the 2024 AGM: (1) Each of Mr. YING, Ms. CHAN and Mr. CHUNG has stepped down from the Board committees of which he/she was a member or chairman respectively following his/her retirement; and (2) Ms. CHEUNG has been appointed as the chairperson of the AGC and a member of each of the RC and NC.
Upcoming Dividend • May 22Upcoming dividend of HK$0.063 per shareEligible shareholders must have bought the stock before 29 May 2024. Payment date: 14 June 2024. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 10%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.3%).
Reported Earnings • Mar 24Full year 2023 earnings released: EPS: HK$0.13 (vs HK$0.066 in FY 2022)Full year 2023 results: EPS: HK$0.13 (up from HK$0.066 in FY 2022). Revenue: HK$266.6m (up 3.0% from FY 2022). Net income: HK$100.6m (up 92% from FY 2022). Profit margin: 38% (up from 20% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Mar 23Tradelink Electronic Commerce Limited, Annual General Meeting, May 24, 2024Tradelink Electronic Commerce Limited, Annual General Meeting, May 24, 2024.
お知らせ • Mar 09Tradelink Electronic Commerce Limited to Report Fiscal Year 2023 Results on Mar 22, 2024Tradelink Electronic Commerce Limited announced that they will report fiscal year 2023 results on Mar 22, 2024
お知らせ • Feb 09Tradelink Electronic Commerce Limited Announces Change of Company Secretary and Authorised RepresentativeTradelink Electronic Commerce Limited announces that TAI Kwok Hung ("Mr. TAI") was removed from the position of company secretary of the Company as determined by the Board with effect from 9 February 2024. Mr. TAI also ceased to act as an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 9 February 2024. The Board further announces that Mr. HO Kai Tak ("Mr. HO") has been appointed as the Company Secretary and an Authorised Representative in placement of Mr. TAI with effect from 9 February 2024. Mr. HO is a practising solicitor in Hong Kong and the founder of Chow & Ho, Solicitors. Mr. HO has over 20 years of experience in commercial law and corporate service matters, and has been providing legal and company secretary services to certain corporate enterprises in Hong Kong and overseas. Having obtained a bachelor's degree in social science at The Chinese University of Hong Kong majoring in government and public administration in 1982, Mr. HO attained the legal professional qualification in the United Kingdom in 1993. He has been a practicing solicitor in Hong Kong since 1995 and has been qualified as a Greater Bay Area lawyer since August 2022. Mr. HO is currently the company secretary of Chuan Holdings Limited, the shares of which are listed on the Main Board of the Stock Exchange.
New Risk • Jan 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% 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 (10% average weekly change). Earnings have declined by 6.8% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (107% cash payout ratio). Market cap is less than US$100m (€83.8m market cap, or US$90.5m).
New Risk • Nov 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.2% 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 6.8% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (107% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (€83.2m market cap, or US$88.3m).
Upcoming Dividend • Sep 14Upcoming dividend of HK$0.037 per share at 7.1% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 06 October 2023. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 7.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.6%).
Reported Earnings • Aug 23First half 2023 earnings released: EPS: HK$0.049 (vs HK$0.018 in 1H 2022)First half 2023 results: EPS: HK$0.049 (up from HK$0.018 in 1H 2022). Revenue: HK$124.9m (flat on 1H 2022). Net income: HK$38.8m (up 167% from 1H 2022). Profit margin: 31% (up from 12% in 1H 2022).
お知らせ • Aug 23Tradelink Electronic Commerce Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 06 October 2023Tradelink Electronic Commerce Limited announced Interim Dividend of HKD 0.037 per share for the Six Months Ended 30 June 2023. Ex-dividend date is 21 September 2023. Record date is 25 September 2023. Payment date is 06 October 2023.
お知らせ • Aug 13Tradelink Electronic Commerce Limited Provides Earnings Guidance for the Six Months Ended June 30, 2023Tradelink Electronic Commerce Limited provided earnings guidance for the six months ended June 30, 2023. For the period, the group is expected to record a profit attributable to shareholders of the Company to be in the range of 2.5 times to 2.7 times of the corresponding period in 2022. The surge was mainly attributable to the absence of fair value loss on investments in financial investments in the first half of 2023 (loss of HKD 25.9 million was recognised in corresponding period in 2022) and an increase in interest income in the current period from time deposits of proceeds of financial investments disposed of in 2022, albeit that the challenging trade environment has impacted, adversely but not significantly, core business for the current period. The good performance of the Group for the first six months ended 30 June 2023 is largely due to the adverse investment environment causing a significant drop in net profit for the six months ended 30 June 2022 which forms a low base for comparison with the same period this year.
お知らせ • Aug 09Tradelink Electronic Commerce Limited to Report First Half, 2023 Results on Aug 22, 2023Tradelink Electronic Commerce Limited announced that they will report first half, 2023 results on Aug 22, 2023
Buying Opportunity • May 26Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.1%. The fair value is estimated to be €0.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 10%.
お知らせ • May 13Tradelink Electronic Commerce Limited Announces Board ChangesTradelink Electronic Commerce Limited announces that Mr. HO Lap Kee, Sunny, J.P., M.H. ("Mr HO") has retired as Independent Non- executive Director of the Company in conformity with the Company's Policy of Board Diversity, Refreshment & Succession and Size; and Mr. LIN Sun Mo, Willy, GBS, MBE, JP, FCILT ("Mr LIN") is appointed as Independent Non-executive Director of the Company. The retirement of Mr. HO and the appointment of Mr. LIN both took effect after the conclusion of annual general meeting held on 12 May 2023. Mr. LIN Sun Mo, Willy, GBS, MBE, JP, FCILT, aged 63, holds a Bachelor of Science degree from Babson College in the United States of America and is the Managing Director of Milo's Knitwear (International) Limited. Mr. LIN has been an Independent Non-executive Director of Top Form International Limited (listed on the Hong Kong Main Board; stock code: 333) since May 2006 up till now. He also serves as the Chairman of the Compensation Committee of the Company and a member of both its Audit Committee and Nomination Committee. Mr. LIN was the Chairman of the Hong Kong Productivity Council from 6 August 2016 until 5 August 2022. He is currently the Chairman of the Hong Kong Shippers' Council and Honorary Chairman of the Textile Council of Hong Kong, a member of the HKSAR's Logistics Development Council, Maritime and Port Board, Trade and Industry Advisory Board, InnoHK Steering Committee, Honorary Trade Advisor of Ministry of Commerce of Thailand, and Honorary Consul of the Slovak Republic to Hong Kong and Macao. He had been the Chairman of the Hong Kong Export Credit Insurance and the Prince Philip Dental Hospital.
Upcoming Dividend • May 10Upcoming dividend of HK$0.074 per share at 6.7% yieldEligible shareholders must have bought the stock before 17 May 2023. Payment date: 31 May 2023. Payout ratio is on the higher end at 99%, and the cash payout ratio is above 100%. Trailing yield: 6.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%).
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: HK$0.066 (vs HK$0.093 in FY 2021)Full year 2022 results: EPS: HK$0.066 (down from HK$0.093 in FY 2021). Revenue: HK$258.8m (down 6.6% from FY 2021). Net income: HK$52.3m (down 29% from FY 2021). Profit margin: 20% (down from 27% in FY 2021).
お知らせ • Dec 17Tradelink Electronic Commerce Limited Announces CFO Changes, Effective 1 January 2023The board of directors of Tradelink Electronic Commerce Limited announced that due to personal reasons, Ms. CHU Pik Kwan has tendered resignation as the Chief Financial Officer of the Company with effect on 1 January 2023. Ms. PANG Kit Fong, currently Senior Vice President of Finance, has been appointed to succeed Ms. CHU to become the CFO with effect from 1 January 2023. Ms. PANG joined the Company in 2009. Prior to that, Ms. PANG worked in PricewaterhouseCoopers Ltd. for audit services. She holds a Bachelor's degree in Professional Accountancy from the Chinese University of Hong Kong. Ms. PANG is a member of Hong Kong Institute of Certified Public Accountants. She has over 17 years of experience in accounting, auditing and financial management.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Non-Executive Director Chi Yan Chan was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Sep 15Upcoming dividend of HK$0.018 per shareEligible shareholders must have bought the stock before 22 September 2022. Payment date: 07 October 2022. The company is paying out more than 100% of its profits and is paying out 90% of its cash flow. Trailing yield: 9.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.7%).
お知らせ • Aug 24Tradelink Electronic Commerce Limited Declares Interim Dividend for the Six Months Ended 30 June 2022, Payable on 07 October 2022Tradelink Electronic Commerce Limited declared an interim dividend of HKD 0.0183 per share for the six months ended 30 June 2022. Ex-dividend date 22 September 2022. Record date 26 September 2022. Payment date 07 October 2022.
Reported Earnings • Aug 23First half 2022 earnings released: EPS: HK$0.018 (vs HK$0.038 in 1H 2021)First half 2022 results: EPS: HK$0.018 (down from HK$0.038 in 1H 2021). Revenue: HK$105.8m (down 18% from 1H 2021). Net income: HK$14.6m (down 52% from 1H 2021). Profit margin: 14% (down from 23% in 1H 2021). The decrease in margin was driven by lower revenue.
お知らせ • Aug 12Tradelink Electronic Commerce Limited Provides Earnings Guidance for the Six Months Ended June 30, 2022Tradelink Electronic Commerce Limited provided earnings guidance for the six months ended June 30, 2022. Group is expected to record a significant decrease in profit attributable to shareholders of the Company for the six months ended 30 June 2022 by around 50% as compared to the profit attributable to the shareholders of the Company for the corresponding period in 2021.
お知らせ • May 21Tradelink Electronic Commerce Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ending 30 June 2022Tradelink Electronic Commerce Limited provided unaudited consolidated earnings guidance for the six months ending 30 June 2022. For the year, the company expects to record a very significant decrease in profit attributable to shareholders of the Company for the six months ending 30 June 2022 as compared to the profit attributable to the shareholders of the Company for the corresponding period in 2021.
Upcoming Dividend • May 04Upcoming dividend of HK$0.065 per shareEligible shareholders must have bought the stock before 11 May 2022. Payment date: 25 May 2022. Payout ratio and cash payout ratio are on the higher end at 100% and 86% respectively. Trailing yield: 8.0%. Within top quartile of German dividend payers (4.1%). Higher than average of industry peers (1.3%).
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Non-Executive Director Chi Yan Chan was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 01Tradelink Electronic Commerce Limited, Annual General Meeting, May 06, 2022Tradelink Electronic Commerce Limited, Annual General Meeting, May 06, 2022, at 14:00 China Standard Time. Location: at boardroom, 12/F, Tower B, Regent Centre, 63 Wo Yi Hop Road Kwai Chung Hong Kong Agenda: To receive and adopt the audited financial statements of the company, the directors' report and the report of the auditors for the year ended 31 December 2021; to declare a final dividend in respect of the year ended 31 December 2021; to consider the re-election of retiring directors; to authorize the Board to fix the remuneration of Directors; to re-appoint KPMG as auditors of the company and to authorize the Board to fix their remuneration; to allot, issue and deal with new shares or securities convertible into shares in the unissued share capital of the company; and to consider the other matters.
Upcoming Dividend • Sep 16Upcoming dividend of HK$0.028 per shareEligible shareholders must have bought the stock before 23 September 2021. Payment date: 08 October 2021. Trailing yield: 8.5%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.9%).
Reported Earnings • Aug 27First half 2021 earnings released: EPS HK$0.038 (vs HK$0.025 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$128.5m (up 7.4% from 1H 2020). Net income: HK$30.0m (up 49% from 1H 2020). Profit margin: 23% (up from 17% in 1H 2020). The increase in margin was primarily driven by higher revenue.
Reported Earnings • Mar 25Full year 2020 earnings released: EPS HK$0.092 (vs HK$0.10 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: HK$277.8m (down 18% from FY 2019). Net income: HK$72.8m (down 11% from FY 2019). Profit margin: 26% (up from 24% in FY 2019). The increase in margin was driven by lower expenses.
お知らせ • Mar 10Tradelink Electronic Commerce Limited to Report Fiscal Year 2020 Results on Mar 23, 2021Tradelink Electronic Commerce Limited announced that they will report fiscal year 2020 results on Mar 23, 2021
