View Financial HealthBright Smart Securities & Commodities Group 配当と自社株買い配当金 基準チェック /06Bright Smart Securities & Commodities Group現在配当金を支払っていません。主要情報0%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向0%最近の配当と自社株買いの更新お知らせ • Aug 19Bright Smart Securities & Commodities Group Limited Approves Final Dividend for the Year Ended March 31, 2024Bright Smart Securities & Commodities Group Limited at its AGM held on August 19, 2024 approved to declare a final dividend of HKD 33.00 cents per share for the year ended 31 March 2024.Upcoming Dividend • Aug 14Upcoming dividend of HK$0.33 per shareEligible shareholders must have bought the stock before 21 August 2024. Payment date: 09 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 18%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.0%).Declared Dividend • Jun 27Dividend of HK$0.33 announcedShareholders will receive a dividend of HK$0.33. Ex-date: 21st August 2024 Payment date: 9th September 2024 Dividend yield will be 163%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (65% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control, which is more than the 4.9% EPS growth achieved over the last 5 years.お知らせ • Jun 24Bright Smart Securities & Commodities Group Limited Proposes Final Dividend for the Year Ended March 31, 2024, Payable on September 09, 2024Bright Smart Securities & Commodities Group Limited proposed final dividend of HKD 0.33 per share for the year ended 31 March 2024. Date of shareholders' approval is August 19, 2024; Ex-dividend date August 21, 2024; Record date is August 26, 2024; Payment date is September 09, 2024.お知らせ • Aug 22Bright Smart Securities & Commodities Group Limited Declares Final DividendBright Smart Securities & Commodities Group Limited at its Annual General Meeting held on 21 August 2023, declared a final dividend of 50.00 Hong Kong cents per share.Upcoming Dividend • Aug 16Upcoming dividend of HK$0.50 per share at 27% yieldEligible shareholders must have bought the stock before 23 August 2023. Payment date: 11 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 27%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.1%).すべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 8 new directors. No experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Co-CEO & Executive Director Edmond Hui is the most experienced director on the board, commencing their role in 2015. Independent Non-Executive Director Qian Zhang was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 30Innovatech Empowerment Company Limited completed the acquisition of 0.07% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) for HKD 4.2 million.Innovatech Empowerment Company Limited proposed to acquire 49.45% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) for HKD 2.8 billion on April 25, 2025. A cash consideration of HKD 2.75 billion valued at HKD 3.28 per share will be paid by Innovatech Empowerment Company Limited. As part of consideration, HKD 2.75 billion is paid towards common equity of Bright Smart Securities & Commodities Group Limited. As of June 13, 2025, none of the Completion Conditions has been satisfied and/or waived. The Offeror and the Company will continue to progress with the satisfaction of the Completion Conditions. The submitted preliminary reporting documents are under review by, and subject to the comments of, the National Development and Reform Commission of the PRC. Bright Smart Securities & Commodities Group Limited form an special committee for the acquisition. As of September 23, 2025, the Offeror has received the SFC’s approval. As of November 11, 2025, the Long Stop Date (i.e. November 25, 2025) is approaching, the remaining Completion Conditions may not be satisfied on or before the Long Stop Date. The Offeror is considering potential extension of the Long Stop Date. As of March 15, 2026, Innovatech Empowerment Company Limited has completed necessary reporting procedures with the relevant authorities in the PRC for high-value non-sensitive investment projects, satisfying one of the completion conditions. Additionally, the Offeror received approval from the SFC to become a substantial shareholder, with an extension granted for this approval until 30 April 2026. As of April 8, 2026 Offer open for acceptance open from April 8, 2026 to April 29, 2026. The transaction is expected to take place on April 29, 2026. Morgan Stanley Asia Limited acted as financial advisor for Innovatech Empowerment Company Limited. somerley capital limited act as independent financial adviser to the independent board committee. Innovatech Empowerment Company Limited completed the acquisition of 0.07% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) for HKD 4.2 million on April 29, 2026. Except for Mr. Hui Yik Bun who would remain as an executive Director, all the other Directors as at the date of the Composite Document had tendered their resignations from the Board, and the following resignations will take effect from the day immediately after the closing date of the Offer.お知らせ • Mar 30Innovatech Empowerment Company Limited completed the acquisition of 50.55% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) from Yip Mow Lum.Innovatech Empowerment Company Limited agreed to acquire 50.55% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) from Yip Mow Lum for HKD 2.8 billion on April 25, 2025. A cash consideration of HKD 2.81 billion valued at HKD 3.28 per share will be paid by Innovatech Empowerment Company Limited. As part of consideration, HKD 2.81 billion is paid towards common equity of Bright Smart Securities & Commodities Group Limited. As of June 13, 2025, Bright Smart Securities & Commodities announced the satisfaction of the Completion Conditions are the Offeror has submitted the application to the SFC for approval for each of the Offeror and the other relevant persons and the Offeror has submitted the preliminary reporting documents to the National Development and Reform Commission of the PRC with respect to the transactions contemplated under the Share Purchase Agreement in accordance with the Measures for the Administration of Overseas Investment of Enterprises. As of July 11, 2025, the Offeror has been making progress with the relevant authorities, namely the SFC and the National Development and Reform Commission of the PRC, with a view to satisfying these Completion Conditions as soon as possible. The Offeror and the Company will continue to progress with the satisfaction of the Completion Conditions. On September 23, 2025, the Offeror received approval from the Securities and Futures Commission (SFC). This approval is valid for six months, contingent on the completion of the acquisition within this timeframe or an extended period agreed upon by the SFC. The Offeror has also submitted necessary documents to the National Development and Reform Commission of the PRC (NDRC) and is actively working with them, with procedures progressing as planned. As of November 25, 2025, few completion conditions for the Offer have been satisfied, while others remain pending. The Offeror has amended the Share Purchase Agreement to extend the Long Stop Date from November 25, 2025, to March 25, 2026, due to anticipated delays in receiving approval from National Development and Reform Commission and the upcoming holiday period. This extension was formalized through an Amendment Agreement, which also increased the Further Deposit from HKD 140.71 million to HKD 164.16 million representing approximately 5.83% of the total consideration for the Sale Shares. The Offeror has already notified the Seller and paid the revised Further Deposit to secure this extension. No other significant changes were made to the Share Purchase Agreement. The long stop date for the transaction is March 25, 2026. On March 15, 2026, the transaction has received all the closing condition pursuant to the agreement. The transaction is now expected to close on March 30, 2026. Morgan Stanley Asia Limited acted as exclusive financial advisor for Innovatech Empowerment Company Limited. Somerley Capital Limited as the Independent Financial Adviser to Bright Smart Securities & Commodities' Independent Board Committee and the Independent Shareholders. Innovatech Empowerment Company Limited completed the acquisition of 50.55% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) from Yip Mow Lum March 30, 2026.Board Change • Dec 30Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Non-Executive Director Priscilla Wong was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 14Bright Smart Securities & Commodities Group Limited to Report First Half, 2026 Results on Nov 26, 2025Bright Smart Securities & Commodities Group Limited announced that they will report first half, 2026 results on Nov 26, 2025お知らせ • Jun 27Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 26, 2025Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 26, 2025.お知らせ • Jun 12Bright Smart Securities & Commodities Group Limited to Report Fiscal Year 2025 Results on Jun 27, 2025Bright Smart Securities & Commodities Group Limited announced that they will report fiscal year 2025 results on Jun 27, 2025お知らせ • Apr 27Innovatech Empowerment Company Limited agreed to acquire 50.55% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) for HKD 2.8 billionInnovatech Empowerment Company Limited agreed to acquire 50.55% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) for HKD 2.8 billion on April 25, 2025. A cash consideration of HKD 2.81 billion valued at HKD 3.28 per share will be paid by Innovatech Empowerment Company Limited. As part of consideration, HKD 2.81 billion is paid towards common equity of Bright Smart Securities & Commodities Group Limited. Morgan Stanley Asia Limited acted as financial advisor for Innovatech Empowerment Company Limited.お知らせ • Nov 15Bright Smart Securities & Commodities Group Limited to Report First Half, 2025 Results on Nov 26, 2024Bright Smart Securities & Commodities Group Limited announced that they will report first half, 2025 results on Nov 26, 2024Recent Insider Transactions • Aug 25Executive Chairman recently sold €3.0m worth of stockOn the 20th of August, Mow Lum Yip sold around 14m shares on-market at roughly €0.22 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €4.2m. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €28m.お知らせ • Aug 19Bright Smart Securities & Commodities Group Limited Approves Final Dividend for the Year Ended March 31, 2024Bright Smart Securities & Commodities Group Limited at its AGM held on August 19, 2024 approved to declare a final dividend of HKD 33.00 cents per share for the year ended 31 March 2024.Upcoming Dividend • Aug 14Upcoming dividend of HK$0.33 per shareEligible shareholders must have bought the stock before 21 August 2024. Payment date: 09 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 18%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.0%).New Risk • Jul 29New 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (227% net debt to equity). Dividend is not well covered by earnings (100% payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change). Significant insider selling over the past 3 months (€16m sold).Recent Insider Transactions • Jun 30Executive Chairman recently sold €4.2m worth of stockOn the 25th of June, Mow Lum Yip sold around 19m shares on-market at roughly €0.22 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €23m.Declared Dividend • Jun 27Dividend of HK$0.33 announcedShareholders will receive a dividend of HK$0.33. Ex-date: 21st August 2024 Payment date: 9th September 2024 Dividend yield will be 163%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (65% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control, which is more than the 4.9% EPS growth achieved over the last 5 years.Reported Earnings • Jun 25Full year 2024 earnings released: EPS: HK$0.33 (vs HK$0.37 in FY 2023)Full year 2024 results: EPS: HK$0.33 (down from HK$0.37 in FY 2023). Revenue: HK$976.4m (down 10% from FY 2023). Net income: HK$558.8m (down 10.0% from FY 2023). Profit margin: 57% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.お知らせ • Jun 25Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 19, 2024Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 19, 2024.お知らせ • Jun 24Bright Smart Securities & Commodities Group Limited Proposes Final Dividend for the Year Ended March 31, 2024, Payable on September 09, 2024Bright Smart Securities & Commodities Group Limited proposed final dividend of HKD 0.33 per share for the year ended 31 March 2024. Date of shareholders' approval is August 19, 2024; Ex-dividend date August 21, 2024; Record date is August 26, 2024; Payment date is September 09, 2024.お知らせ • Jun 14Bright Smart Securities & Commodities Group Limited to Report Fiscal Year 2024 Results on Jun 24, 2024Bright Smart Securities & Commodities Group Limited announced that they will report fiscal year 2024 results on Jun 24, 2024New Risk • Feb 13New 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 7.8% 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Cash payout ratio: 99% Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change).New Risk • Dec 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Cash payout ratio: 99% Minor Risk Significant insider selling over the past 3 months (€5.6m sold).Reported Earnings • Nov 29First half 2024 earnings released: EPS: HK$0.18 (vs HK$0.14 in 1H 2023)First half 2024 results: EPS: HK$0.18 (up from HK$0.14 in 1H 2023). Revenue: HK$521.4m (up 6.0% from 1H 2023). Net income: HK$303.6m (up 31% from 1H 2023). Profit margin: 58% (up from 47% in 1H 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 17Bright Smart Securities & Commodities Group Limited to Report First Half, 2024 Results on Nov 27, 2023Bright Smart Securities & Commodities Group Limited announced that they will report first half, 2024 results on Nov 27, 2023Recent Insider Transactions • Nov 01Executive Chairman recently sold €996k worth of stockOn the 27th of October, Mow Lum Yip sold around 6m shares on-market at roughly €0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.5m. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €23m.Recent Insider Transactions • Oct 18Executive Chairman recently sold €1.5m worth of stockOn the 12th of October, Mow Lum Yip sold around 8m shares on-market at roughly €0.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €21m.Recent Insider Transactions • Sep 18Executive Chairman recently sold €525k worth of stockOn the 11th of September, Mow Lum Yip sold around 3m shares on-market at roughly €0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €3.3m. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €17m.Recent Insider Transactions • Sep 10Executive Chairman recently sold €648k worth of stockOn the 4th of September, Mow Lum Yip sold around 4m shares on-market at roughly €0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €3.3m. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €16m.お知らせ • Aug 22Bright Smart Securities & Commodities Group Limited Declares Final DividendBright Smart Securities & Commodities Group Limited at its Annual General Meeting held on 21 August 2023, declared a final dividend of 50.00 Hong Kong cents per share.Upcoming Dividend • Aug 16Upcoming dividend of HK$0.50 per share at 27% yieldEligible shareholders must have bought the stock before 23 August 2023. Payment date: 11 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 27%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.1%).Recent Insider Transactions • Jul 17Executive Chairman recently sold €246k worth of stockOn the 10th of July, Mow Lum Yip sold around 1m shares on-market at roughly €0.19 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €3.3m. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €13m.お知らせ • Jul 15Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 21, 2023Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 21, 2023, at 10:00 China Standard Time. Location: Forum Room I, Basement 2, Regal Hongkong Hotel, 88 Yee Wo Street, Cause Way Bay Hong Kong Agenda: To consider the audited consolidated financial statements of the Company and its subsidiaries, the directors' report and the independent auditor's report for the year ended 31 March 2023; to consider declare a final dividend of 50.00 HK cents per share; to consider re-elect the retiring Directors; to consider authorise the Board of Directors to fix the Directors' remuneration; to consider re-appoint KPMG as the auditor of the Company and authorise the Board of Directors to fix their remuneration; and to consider other matters.Recent Insider Transactions • Jul 05Executive Chairman recently sold €3.3m worth of stockOn the 27th of June, Mow Lum Yip sold around 16m shares on-market at roughly €0.20 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €8.8m.お知らせ • Jun 27Bright Smart Securities & Commodities Group Limited Proposes Final Ordinary Dividend for the Year Ended 31 March 2023, Payable 11 September 2023Bright Smart Securities & Commodities Group Limited proposed Final Ordinary Dividend of HKD 0.5 per share for the Year Ended 31 March 2023. Date of shareholders' approval 21 August 2023. Ex-dividend date: 23 August 2023. Record date: 28 August 2023. Payment date: 11 September 2023.Reported Earnings • Jun 27Full year 2023 earnings released: EPS: HK$0.37 (vs HK$0.33 in FY 2022)Full year 2023 results: EPS: HK$0.37 (up from HK$0.33 in FY 2022). Revenue: HK$1.09b (down 1.8% from FY 2022). Net income: HK$620.6m (up 11% from FY 2022). Profit margin: 57% (up from 51% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.New Risk • Jun 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (143% net debt to equity). Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).お知らせ • Jun 14Bright Smart Securities & Commodities Group Limited to Report Fiscal Year 2023 Results on Jun 26, 2023Bright Smart Securities & Commodities Group Limited announced that they will report fiscal year 2023 results on Jun 26, 2023Upcoming Dividend • Jan 03Upcoming dividend of HK$0.70 per shareEligible shareholders must have bought the stock before 10 January 2023. Payment date: 20 January 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.9%).お知らせ • Dec 29Bright Smart Securities & Commodities Group Limited Declares Special Dividend, Payable on 20 January 2023Bright Smart Securities & Commodities Group Limited declared special dividend of HKD 0.7 per share. Ex-dividend date is 10 January 2023, Record date is 12 January 2023 and Payment date is 20 January 2023.Reported Earnings • Nov 26First half 2023 earnings released: EPS: HK$0.14 (vs HK$0.17 in 1H 2022)First half 2023 results: EPS: HK$0.14 (down from HK$0.17 in 1H 2022). Revenue: HK$480.5m (down 16% from 1H 2022). Net income: HK$231.1m (down 22% from 1H 2022). Profit margin: 48% (down from 52% in 1H 2022). The decrease in margin was driven by lower revenue. 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 1% per year.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. CEO & Executive Director Edmond Hui was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Oct 27Chairman of the Board recently bought €455k worth of stockOn the 18th of October, Mow Lum Yip bought around 3m shares on-market at roughly €0.14 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. Mow Lum has been a buyer over the last 12 months, purchasing a net total of €1.2m worth in shares.Upcoming Dividend • Aug 16Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 23 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.0%).Reported Earnings • Jun 25Full year 2022 earnings released: EPS: HK$0.33 (vs HK$0.41 in FY 2021)Full year 2022 results: EPS: HK$0.33 (down from HK$0.41 in FY 2021). Revenue: HK$1.13b (down 12% from FY 2021). Net income: HK$561.5m (down 20% from FY 2021). Profit margin: 50% (down from 55% in FY 2021). The decrease in margin was driven by lower revenue. 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 1% per year, which means it is significantly lagging earnings.お知らせ • Jun 25Bright Smart Securities & Commodities Group Limited Declares Final Dividend for the Year Ended 31 March 2022, Payable on 9 September 2022Bright Smart Securities & Commodities Group Limited at its shareholders meeting to be held on 19 August 2022 declared final Dividend of HKD 0.1 per share for the year ended 31 March 2022. Ex-dividend date is 23 August 2022. Record date is 26 August 2022. Payment date is 9 September 2022.お知らせ • Jun 15Bright Smart Securities & Commodities Group Limited to Report Fiscal Year 2022 Results on Jun 24, 2022Bright Smart Securities & Commodities Group Limited announced that they will report fiscal year 2022 results on Jun 24, 2022Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. CEO & Executive Director Edmond Hui was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 28First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: HK$0.17 (down from HK$0.20 in 1H 2021). Revenue: HK$569.9m (down 8.2% from 1H 2021). Net income: HK$294.9m (down 15% from 1H 2021). Profit margin: 52% (down from 56% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 13Upcoming dividend of HK$0.13 per shareEligible shareholders must have bought the stock before 20 August 2021. Payment date: 09 September 2021. Trailing yield: 7.1%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.6%).Reported Earnings • Jun 29Full year 2021 earnings released: EPS HK$0.41 (vs HK$0.28 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$1.32b (up 37% from FY 2020). Net income: HK$703.9m (up 50% from FY 2020). Profit margin: 53% (up from 49% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Recent Insider Transactions • Jan 16Chairman of the Board recently sold €8.2m worth of stockOn the 14th of January, Mow Lum Yip sold around 38m shares on-market at roughly €0.22 per share. This was the largest sale by an insider in the last 3 months. Mow Lum has been a seller over the last 12 months, reducing personal holdings by €19m.Is New 90 Day High Low • Jan 09New 90-day high: €0.27The company is up 30% from its price of €0.20 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 9.0% over the same period.Reported Earnings • Dec 19First half 2021 earnings released: EPS HK$0.20The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$620.9m (up 36% from 1H 2020). Net income: HK$346.1m (up 64% from 1H 2020). Profit margin: 56% (up from 46% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 27First half 2021 earnings released: EPS HK$0.20The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$611.0m (up 34% from 1H 2020). Net income: HK$346.1m (up 64% from 1H 2020). Profit margin: 57% (up from 46% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Nov 19New 90-day high: €0.26The company is up 10.0% from its price of €0.23 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 3.0% over the same period.お知らせ • Nov 13Bright Smart Securities & Commodities Group Limited to Report First Half, 2021 Results on Nov 25, 2020Bright Smart Securities & Commodities Group Limited announced that they will report first half, 2021 results on Nov 25, 2020お知らせ • Jun 17Bright Smart Securities & Commodities Group Limited to Report Fiscal Year 2020 Results on Jun 29, 2020Bright Smart Securities & Commodities Group Limited announced that they will report fiscal year 2020 results on Jun 29, 2020決済の安定と成長配当データの取得安定した配当: 0BXの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 0BXの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Bright Smart Securities & Commodities Group 配当利回り対市場0BX 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (0BX)0%市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (Capital Markets)2.9%アナリスト予想 (0BX) (最長3年)n/a注目すべき配当: 0BXは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 0BXは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 0BX German市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: 0BXが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management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2026/05/25 16:13終値2026/05/22 00:00収益2025/09/30年間収益2025/03/31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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Bright Smart Securities & Commodities Group 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
お知らせ • Aug 19Bright Smart Securities & Commodities Group Limited Approves Final Dividend for the Year Ended March 31, 2024Bright Smart Securities & Commodities Group Limited at its AGM held on August 19, 2024 approved to declare a final dividend of HKD 33.00 cents per share for the year ended 31 March 2024.
Upcoming Dividend • Aug 14Upcoming dividend of HK$0.33 per shareEligible shareholders must have bought the stock before 21 August 2024. Payment date: 09 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 18%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.0%).
Declared Dividend • Jun 27Dividend of HK$0.33 announcedShareholders will receive a dividend of HK$0.33. Ex-date: 21st August 2024 Payment date: 9th September 2024 Dividend yield will be 163%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (65% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control, which is more than the 4.9% EPS growth achieved over the last 5 years.
お知らせ • Jun 24Bright Smart Securities & Commodities Group Limited Proposes Final Dividend for the Year Ended March 31, 2024, Payable on September 09, 2024Bright Smart Securities & Commodities Group Limited proposed final dividend of HKD 0.33 per share for the year ended 31 March 2024. Date of shareholders' approval is August 19, 2024; Ex-dividend date August 21, 2024; Record date is August 26, 2024; Payment date is September 09, 2024.
お知らせ • Aug 22Bright Smart Securities & Commodities Group Limited Declares Final DividendBright Smart Securities & Commodities Group Limited at its Annual General Meeting held on 21 August 2023, declared a final dividend of 50.00 Hong Kong cents per share.
Upcoming Dividend • Aug 16Upcoming dividend of HK$0.50 per share at 27% yieldEligible shareholders must have bought the stock before 23 August 2023. Payment date: 11 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 27%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.1%).
Board Change • May 20Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 8 new directors. No experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Co-CEO & Executive Director Edmond Hui is the most experienced director on the board, commencing their role in 2015. Independent Non-Executive Director Qian Zhang was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 30Innovatech Empowerment Company Limited completed the acquisition of 0.07% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) for HKD 4.2 million.Innovatech Empowerment Company Limited proposed to acquire 49.45% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) for HKD 2.8 billion on April 25, 2025. A cash consideration of HKD 2.75 billion valued at HKD 3.28 per share will be paid by Innovatech Empowerment Company Limited. As part of consideration, HKD 2.75 billion is paid towards common equity of Bright Smart Securities & Commodities Group Limited. As of June 13, 2025, none of the Completion Conditions has been satisfied and/or waived. The Offeror and the Company will continue to progress with the satisfaction of the Completion Conditions. The submitted preliminary reporting documents are under review by, and subject to the comments of, the National Development and Reform Commission of the PRC. Bright Smart Securities & Commodities Group Limited form an special committee for the acquisition. As of September 23, 2025, the Offeror has received the SFC’s approval. As of November 11, 2025, the Long Stop Date (i.e. November 25, 2025) is approaching, the remaining Completion Conditions may not be satisfied on or before the Long Stop Date. The Offeror is considering potential extension of the Long Stop Date. As of March 15, 2026, Innovatech Empowerment Company Limited has completed necessary reporting procedures with the relevant authorities in the PRC for high-value non-sensitive investment projects, satisfying one of the completion conditions. Additionally, the Offeror received approval from the SFC to become a substantial shareholder, with an extension granted for this approval until 30 April 2026. As of April 8, 2026 Offer open for acceptance open from April 8, 2026 to April 29, 2026. The transaction is expected to take place on April 29, 2026. Morgan Stanley Asia Limited acted as financial advisor for Innovatech Empowerment Company Limited. somerley capital limited act as independent financial adviser to the independent board committee. Innovatech Empowerment Company Limited completed the acquisition of 0.07% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) for HKD 4.2 million on April 29, 2026. Except for Mr. Hui Yik Bun who would remain as an executive Director, all the other Directors as at the date of the Composite Document had tendered their resignations from the Board, and the following resignations will take effect from the day immediately after the closing date of the Offer.
お知らせ • Mar 30Innovatech Empowerment Company Limited completed the acquisition of 50.55% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) from Yip Mow Lum.Innovatech Empowerment Company Limited agreed to acquire 50.55% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) from Yip Mow Lum for HKD 2.8 billion on April 25, 2025. A cash consideration of HKD 2.81 billion valued at HKD 3.28 per share will be paid by Innovatech Empowerment Company Limited. As part of consideration, HKD 2.81 billion is paid towards common equity of Bright Smart Securities & Commodities Group Limited. As of June 13, 2025, Bright Smart Securities & Commodities announced the satisfaction of the Completion Conditions are the Offeror has submitted the application to the SFC for approval for each of the Offeror and the other relevant persons and the Offeror has submitted the preliminary reporting documents to the National Development and Reform Commission of the PRC with respect to the transactions contemplated under the Share Purchase Agreement in accordance with the Measures for the Administration of Overseas Investment of Enterprises. As of July 11, 2025, the Offeror has been making progress with the relevant authorities, namely the SFC and the National Development and Reform Commission of the PRC, with a view to satisfying these Completion Conditions as soon as possible. The Offeror and the Company will continue to progress with the satisfaction of the Completion Conditions. On September 23, 2025, the Offeror received approval from the Securities and Futures Commission (SFC). This approval is valid for six months, contingent on the completion of the acquisition within this timeframe or an extended period agreed upon by the SFC. The Offeror has also submitted necessary documents to the National Development and Reform Commission of the PRC (NDRC) and is actively working with them, with procedures progressing as planned. As of November 25, 2025, few completion conditions for the Offer have been satisfied, while others remain pending. The Offeror has amended the Share Purchase Agreement to extend the Long Stop Date from November 25, 2025, to March 25, 2026, due to anticipated delays in receiving approval from National Development and Reform Commission and the upcoming holiday period. This extension was formalized through an Amendment Agreement, which also increased the Further Deposit from HKD 140.71 million to HKD 164.16 million representing approximately 5.83% of the total consideration for the Sale Shares. The Offeror has already notified the Seller and paid the revised Further Deposit to secure this extension. No other significant changes were made to the Share Purchase Agreement. The long stop date for the transaction is March 25, 2026. On March 15, 2026, the transaction has received all the closing condition pursuant to the agreement. The transaction is now expected to close on March 30, 2026. Morgan Stanley Asia Limited acted as exclusive financial advisor for Innovatech Empowerment Company Limited. Somerley Capital Limited as the Independent Financial Adviser to Bright Smart Securities & Commodities' Independent Board Committee and the Independent Shareholders. Innovatech Empowerment Company Limited completed the acquisition of 50.55% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) from Yip Mow Lum March 30, 2026.
Board Change • Dec 30Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Non-Executive Director Priscilla Wong was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 14Bright Smart Securities & Commodities Group Limited to Report First Half, 2026 Results on Nov 26, 2025Bright Smart Securities & Commodities Group Limited announced that they will report first half, 2026 results on Nov 26, 2025
お知らせ • Jun 27Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 26, 2025Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 26, 2025.
お知らせ • Jun 12Bright Smart Securities & Commodities Group Limited to Report Fiscal Year 2025 Results on Jun 27, 2025Bright Smart Securities & Commodities Group Limited announced that they will report fiscal year 2025 results on Jun 27, 2025
お知らせ • Apr 27Innovatech Empowerment Company Limited agreed to acquire 50.55% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) for HKD 2.8 billionInnovatech Empowerment Company Limited agreed to acquire 50.55% stake in Bright Smart Securities & Commodities Group Limited (SEHK:1428) for HKD 2.8 billion on April 25, 2025. A cash consideration of HKD 2.81 billion valued at HKD 3.28 per share will be paid by Innovatech Empowerment Company Limited. As part of consideration, HKD 2.81 billion is paid towards common equity of Bright Smart Securities & Commodities Group Limited. Morgan Stanley Asia Limited acted as financial advisor for Innovatech Empowerment Company Limited.
お知らせ • Nov 15Bright Smart Securities & Commodities Group Limited to Report First Half, 2025 Results on Nov 26, 2024Bright Smart Securities & Commodities Group Limited announced that they will report first half, 2025 results on Nov 26, 2024
Recent Insider Transactions • Aug 25Executive Chairman recently sold €3.0m worth of stockOn the 20th of August, Mow Lum Yip sold around 14m shares on-market at roughly €0.22 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €4.2m. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €28m.
お知らせ • Aug 19Bright Smart Securities & Commodities Group Limited Approves Final Dividend for the Year Ended March 31, 2024Bright Smart Securities & Commodities Group Limited at its AGM held on August 19, 2024 approved to declare a final dividend of HKD 33.00 cents per share for the year ended 31 March 2024.
Upcoming Dividend • Aug 14Upcoming dividend of HK$0.33 per shareEligible shareholders must have bought the stock before 21 August 2024. Payment date: 09 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 18%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (3.0%).
New Risk • Jul 29New 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (227% net debt to equity). Dividend is not well covered by earnings (100% payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change). Significant insider selling over the past 3 months (€16m sold).
Recent Insider Transactions • Jun 30Executive Chairman recently sold €4.2m worth of stockOn the 25th of June, Mow Lum Yip sold around 19m shares on-market at roughly €0.22 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €23m.
Declared Dividend • Jun 27Dividend of HK$0.33 announcedShareholders will receive a dividend of HK$0.33. Ex-date: 21st August 2024 Payment date: 9th September 2024 Dividend yield will be 163%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (65% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control, which is more than the 4.9% EPS growth achieved over the last 5 years.
Reported Earnings • Jun 25Full year 2024 earnings released: EPS: HK$0.33 (vs HK$0.37 in FY 2023)Full year 2024 results: EPS: HK$0.33 (down from HK$0.37 in FY 2023). Revenue: HK$976.4m (down 10% from FY 2023). Net income: HK$558.8m (down 10.0% from FY 2023). Profit margin: 57% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.
お知らせ • Jun 25Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 19, 2024Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 19, 2024.
お知らせ • Jun 24Bright Smart Securities & Commodities Group Limited Proposes Final Dividend for the Year Ended March 31, 2024, Payable on September 09, 2024Bright Smart Securities & Commodities Group Limited proposed final dividend of HKD 0.33 per share for the year ended 31 March 2024. Date of shareholders' approval is August 19, 2024; Ex-dividend date August 21, 2024; Record date is August 26, 2024; Payment date is September 09, 2024.
お知らせ • Jun 14Bright Smart Securities & Commodities Group Limited to Report Fiscal Year 2024 Results on Jun 24, 2024Bright Smart Securities & Commodities Group Limited announced that they will report fiscal year 2024 results on Jun 24, 2024
New Risk • Feb 13New 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 7.8% 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Cash payout ratio: 99% Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change).
New Risk • Dec 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 122% Cash payout ratio: 99% Minor Risk Significant insider selling over the past 3 months (€5.6m sold).
Reported Earnings • Nov 29First half 2024 earnings released: EPS: HK$0.18 (vs HK$0.14 in 1H 2023)First half 2024 results: EPS: HK$0.18 (up from HK$0.14 in 1H 2023). Revenue: HK$521.4m (up 6.0% from 1H 2023). Net income: HK$303.6m (up 31% from 1H 2023). Profit margin: 58% (up from 47% in 1H 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 17Bright Smart Securities & Commodities Group Limited to Report First Half, 2024 Results on Nov 27, 2023Bright Smart Securities & Commodities Group Limited announced that they will report first half, 2024 results on Nov 27, 2023
Recent Insider Transactions • Nov 01Executive Chairman recently sold €996k worth of stockOn the 27th of October, Mow Lum Yip sold around 6m shares on-market at roughly €0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.5m. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €23m.
Recent Insider Transactions • Oct 18Executive Chairman recently sold €1.5m worth of stockOn the 12th of October, Mow Lum Yip sold around 8m shares on-market at roughly €0.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €21m.
Recent Insider Transactions • Sep 18Executive Chairman recently sold €525k worth of stockOn the 11th of September, Mow Lum Yip sold around 3m shares on-market at roughly €0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €3.3m. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €17m.
Recent Insider Transactions • Sep 10Executive Chairman recently sold €648k worth of stockOn the 4th of September, Mow Lum Yip sold around 4m shares on-market at roughly €0.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €3.3m. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €16m.
お知らせ • Aug 22Bright Smart Securities & Commodities Group Limited Declares Final DividendBright Smart Securities & Commodities Group Limited at its Annual General Meeting held on 21 August 2023, declared a final dividend of 50.00 Hong Kong cents per share.
Upcoming Dividend • Aug 16Upcoming dividend of HK$0.50 per share at 27% yieldEligible shareholders must have bought the stock before 23 August 2023. Payment date: 11 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 27%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.1%).
Recent Insider Transactions • Jul 17Executive Chairman recently sold €246k worth of stockOn the 10th of July, Mow Lum Yip sold around 1m shares on-market at roughly €0.19 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €3.3m. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €13m.
お知らせ • Jul 15Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 21, 2023Bright Smart Securities & Commodities Group Limited, Annual General Meeting, Aug 21, 2023, at 10:00 China Standard Time. Location: Forum Room I, Basement 2, Regal Hongkong Hotel, 88 Yee Wo Street, Cause Way Bay Hong Kong Agenda: To consider the audited consolidated financial statements of the Company and its subsidiaries, the directors' report and the independent auditor's report for the year ended 31 March 2023; to consider declare a final dividend of 50.00 HK cents per share; to consider re-elect the retiring Directors; to consider authorise the Board of Directors to fix the Directors' remuneration; to consider re-appoint KPMG as the auditor of the Company and authorise the Board of Directors to fix their remuneration; and to consider other matters.
Recent Insider Transactions • Jul 05Executive Chairman recently sold €3.3m worth of stockOn the 27th of June, Mow Lum Yip sold around 16m shares on-market at roughly €0.20 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Mow Lum has been a net seller over the last 12 months, reducing personal holdings by €8.8m.
お知らせ • Jun 27Bright Smart Securities & Commodities Group Limited Proposes Final Ordinary Dividend for the Year Ended 31 March 2023, Payable 11 September 2023Bright Smart Securities & Commodities Group Limited proposed Final Ordinary Dividend of HKD 0.5 per share for the Year Ended 31 March 2023. Date of shareholders' approval 21 August 2023. Ex-dividend date: 23 August 2023. Record date: 28 August 2023. Payment date: 11 September 2023.
Reported Earnings • Jun 27Full year 2023 earnings released: EPS: HK$0.37 (vs HK$0.33 in FY 2022)Full year 2023 results: EPS: HK$0.37 (up from HK$0.33 in FY 2022). Revenue: HK$1.09b (down 1.8% from FY 2022). Net income: HK$620.6m (up 11% from FY 2022). Profit margin: 57% (up from 51% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
New Risk • Jun 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (143% net debt to equity). Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).
お知らせ • Jun 14Bright Smart Securities & Commodities Group Limited to Report Fiscal Year 2023 Results on Jun 26, 2023Bright Smart Securities & Commodities Group Limited announced that they will report fiscal year 2023 results on Jun 26, 2023
Upcoming Dividend • Jan 03Upcoming dividend of HK$0.70 per shareEligible shareholders must have bought the stock before 10 January 2023. Payment date: 20 January 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.9%).
お知らせ • Dec 29Bright Smart Securities & Commodities Group Limited Declares Special Dividend, Payable on 20 January 2023Bright Smart Securities & Commodities Group Limited declared special dividend of HKD 0.7 per share. Ex-dividend date is 10 January 2023, Record date is 12 January 2023 and Payment date is 20 January 2023.
Reported Earnings • Nov 26First half 2023 earnings released: EPS: HK$0.14 (vs HK$0.17 in 1H 2022)First half 2023 results: EPS: HK$0.14 (down from HK$0.17 in 1H 2022). Revenue: HK$480.5m (down 16% from 1H 2022). Net income: HK$231.1m (down 22% from 1H 2022). Profit margin: 48% (down from 52% in 1H 2022). The decrease in margin was driven by lower revenue. 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 1% per year.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. CEO & Executive Director Edmond Hui was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Oct 27Chairman of the Board recently bought €455k worth of stockOn the 18th of October, Mow Lum Yip bought around 3m shares on-market at roughly €0.14 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. Mow Lum has been a buyer over the last 12 months, purchasing a net total of €1.2m worth in shares.
Upcoming Dividend • Aug 16Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 23 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.0%).
Reported Earnings • Jun 25Full year 2022 earnings released: EPS: HK$0.33 (vs HK$0.41 in FY 2021)Full year 2022 results: EPS: HK$0.33 (down from HK$0.41 in FY 2021). Revenue: HK$1.13b (down 12% from FY 2021). Net income: HK$561.5m (down 20% from FY 2021). Profit margin: 50% (down from 55% in FY 2021). The decrease in margin was driven by lower revenue. 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 1% per year, which means it is significantly lagging earnings.
お知らせ • Jun 25Bright Smart Securities & Commodities Group Limited Declares Final Dividend for the Year Ended 31 March 2022, Payable on 9 September 2022Bright Smart Securities & Commodities Group Limited at its shareholders meeting to be held on 19 August 2022 declared final Dividend of HKD 0.1 per share for the year ended 31 March 2022. Ex-dividend date is 23 August 2022. Record date is 26 August 2022. Payment date is 9 September 2022.
お知らせ • Jun 15Bright Smart Securities & Commodities Group Limited to Report Fiscal Year 2022 Results on Jun 24, 2022Bright Smart Securities & Commodities Group Limited announced that they will report fiscal year 2022 results on Jun 24, 2022
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. CEO & Executive Director Edmond Hui was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 28First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: HK$0.17 (down from HK$0.20 in 1H 2021). Revenue: HK$569.9m (down 8.2% from 1H 2021). Net income: HK$294.9m (down 15% from 1H 2021). Profit margin: 52% (down from 56% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 13Upcoming dividend of HK$0.13 per shareEligible shareholders must have bought the stock before 20 August 2021. Payment date: 09 September 2021. Trailing yield: 7.1%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.6%).
Reported Earnings • Jun 29Full year 2021 earnings released: EPS HK$0.41 (vs HK$0.28 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$1.32b (up 37% from FY 2020). Net income: HK$703.9m (up 50% from FY 2020). Profit margin: 53% (up from 49% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Recent Insider Transactions • Jan 16Chairman of the Board recently sold €8.2m worth of stockOn the 14th of January, Mow Lum Yip sold around 38m shares on-market at roughly €0.22 per share. This was the largest sale by an insider in the last 3 months. Mow Lum has been a seller over the last 12 months, reducing personal holdings by €19m.
Is New 90 Day High Low • Jan 09New 90-day high: €0.27The company is up 30% from its price of €0.20 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 9.0% over the same period.
Reported Earnings • Dec 19First half 2021 earnings released: EPS HK$0.20The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$620.9m (up 36% from 1H 2020). Net income: HK$346.1m (up 64% from 1H 2020). Profit margin: 56% (up from 46% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 27First half 2021 earnings released: EPS HK$0.20The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$611.0m (up 34% from 1H 2020). Net income: HK$346.1m (up 64% from 1H 2020). Profit margin: 57% (up from 46% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Nov 19New 90-day high: €0.26The company is up 10.0% from its price of €0.23 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 3.0% over the same period.
お知らせ • Nov 13Bright Smart Securities & Commodities Group Limited to Report First Half, 2021 Results on Nov 25, 2020Bright Smart Securities & Commodities Group Limited announced that they will report first half, 2021 results on Nov 25, 2020
お知らせ • Jun 17Bright Smart Securities & Commodities Group Limited to Report Fiscal Year 2020 Results on Jun 29, 2020Bright Smart Securities & Commodities Group Limited announced that they will report fiscal year 2020 results on Jun 29, 2020