View Financial HealthFuture Machine 配当と自社株買い配当金 基準チェック /06Future Machine配当金を支払った記録がありません。主要情報n/a配当利回り-20.9%バイバック利回り総株主利回り-20.9%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n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesNew Risk • May 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$712.5m (US$90.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (67% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$712.5m market cap, or US$90.9m).分析記事 • Apr 25Shareholders In Future Machine (HKG:1401) Should Look Beyond Earnings For The Full StoryStrong earnings weren't enough to please Future Machine Limited's ( HKG:1401 ) shareholders over the last week. We did...New Risk • Apr 23New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 67% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (67% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding).Reported Earnings • Mar 29Full year 2025 earnings released: EPS: CN¥0.032 (vs CN¥0.016 in FY 2024)Full year 2025 results: EPS: CN¥0.032 (up from CN¥0.016 in FY 2024). Revenue: CN¥4.35b (up 49% from FY 2024). Net income: CN¥41.4m (up 154% from FY 2024). Profit margin: 1.0% (up from 0.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 28Future Machine Limited, Annual General Meeting, May 29, 2026Future Machine Limited, Annual General Meeting, May 29, 2026.お知らせ • Mar 17Future Machine Limited to Report Fiscal Year 2025 Final Results on Mar 27, 2026Future Machine Limited announced that they will report fiscal year 2025 final results at 4:00 PM, China Standard Time on Mar 27, 2026Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 42%After last week's 42% share price gain to HK$1.02, the stock trades at a trailing P/E ratio of 77x. Average trailing P/E is 19x in the Tech industry in Hong Kong. Total returns to shareholders of 77% over the past three years.New Risk • Jan 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% 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 Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).分析記事 • Jan 19Future Machine Limited's (HKG:1401) Shares Climb 30% But Its Business Is Yet to Catch UpFuture Machine Limited ( HKG:1401 ) shareholders would be excited to see that the share price has had a great month...Recent Insider Transactions Derivative • Nov 15Chairman & CEO exercised options to buy HK$63m worth of stock.On the 13th of November, Chengjun Li exercised options to buy 102m shares at a strike price of around HK$0.28, costing a total of HK$29m. This transaction amounted to 50% of their direct individual holding at the time of the trade. Since December 2024, Chengjun has owned 204.97m shares directly. Company insiders have collectively bought HK$48m more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Nov 11Future Machine Limited has completed a Follow-on Equity Offering in the amount of HKD 140 million.Future Machine Limited has completed a Follow-on Equity Offering in the amount of HKD 140 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 309,154,310 Price\Range: HKD 0.28 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 190,845,690 Price\Range: HKD 0.28 Transaction Features: Rights Offering分析記事 • Sep 26We Believe That Future Machine's (HKG:1401) Weak Earnings Are A Good Indicator Of Underlying ProfitabilityFuture Machine Limited's ( HKG:1401 ) lackluster earnings announcement last week disappointed investors. We looked...分析記事 • Sep 19More Unpleasant Surprises Could Be In Store For Future Machine Limited's (HKG:1401) Shares After Tumbling 30%Unfortunately for some shareholders, the Future Machine Limited ( HKG:1401 ) share price has dived 30% in the last...New Risk • Sep 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).Reported Earnings • Sep 01First half 2025 earnings released: EPS: CN¥0.011 (vs CN¥0.01 in 1H 2024)First half 2025 results: EPS: CN¥0.011 (up from CN¥0.01 in 1H 2024). Revenue: CN¥1.60b (up 27% from 1H 2024). Net income: CN¥11.2m (up 14% from 1H 2024). Profit margin: 0.7% (down from 0.8% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.お知らせ • Aug 15Future Machine Limited to Report First Half, 2025 Results on Aug 28, 2025Future Machine Limited announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Jul 24Future Machine Limited has filed a Follow-on Equity Offering in the amount of HKD 140 million.Future Machine Limited has filed a Follow-on Equity Offering in the amount of HKD 140 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 500,000,000 Price\Range: HKD 0.28 Transaction Features: Rights Offering分析記事 • Jul 09Sprocomm Intelligence Limited's (HKG:1401) Popularity With Investors Under Threat As Stock Sinks 26%Sprocomm Intelligence Limited ( HKG:1401 ) shareholders won't be pleased to see that the share price has had a very...分析記事 • Jun 30Health Check: How Prudently Does Sprocomm Intelligence (HKG:1401) Use Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Jun 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$1.11, the stock trades at a trailing P/E ratio of 62.1x. Average trailing P/E is 32x in the Tech industry in Hong Kong. Total returns to shareholders of 25% over the past three years.分析記事 • May 23This Is The Reason Why We Think Sprocomm Intelligence Limited's (HKG:1401) CEO Deserves A Bump Up To Their CompensationKey Insights Sprocomm Intelligence to hold its Annual General Meeting on 30th of May Salary of CN¥552.0k is part of CEO...分析記事 • May 11There's Reason For Concern Over Sprocomm Intelligence Limited's (HKG:1401) Massive 25% Price JumpSprocomm Intelligence Limited ( HKG:1401 ) shares have had a really impressive month, gaining 25% after a shaky period...Reported Earnings • May 04Full year 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.032 in FY 2023)Full year 2024 results: EPS: CN¥0.016 (down from CN¥0.032 in FY 2023). Revenue: CN¥2.92b (up 3.3% from FY 2023). Net income: CN¥16.3m (down 50% from FY 2023). Profit margin: 0.6% (down from 1.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to HK$1.26, the stock trades at a trailing P/E ratio of 72.8x. Average trailing P/E is 35x in the Tech industry in Hong Kong. Total returns to shareholders of 48% over the past three years.Reported Earnings • Mar 28Full year 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.032 in FY 2023)Full year 2024 results: EPS: CN¥0.016 (down from CN¥0.032 in FY 2023). Revenue: CN¥2.92b (up 3.3% from FY 2023). Net income: CN¥16.3m (down 50% from FY 2023). Profit margin: 0.6% (down from 1.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 27Sprocomm Intelligence Limited, Annual General Meeting, May 30, 2025Sprocomm Intelligence Limited, Annual General Meeting, May 30, 2025.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to HK$2.14, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 18x in the Tech industry in Hong Kong. Total returns to shareholders of 164% over the past three years.分析記事 • Mar 17Optimistic Investors Push Sprocomm Intelligence Limited (HKG:1401) Shares Up 39% But Growth Is LackingSprocomm Intelligence Limited ( HKG:1401 ) shares have continued their recent momentum with a 39% gain in the last...お知らせ • Mar 17Sprocomm Intelligence Limited to Report Fiscal Year 2024 Final Results on Mar 27, 2025Sprocomm Intelligence Limited announced that they will report fiscal year 2024 final results at 4:00 PM, China Standard Time on Mar 27, 2025Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to HK$1.62, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 14x in the Tech industry in Hong Kong. Total returns to shareholders of 100% over the past three years.お知らせ • Mar 03Sprocomm Intelligence Limited Announces Change of Company SecretaryThe board of directors of Sprocomm Intelligence Limited announced that Ms. Jian Xuegen ("Ms. Jian") has resigned as the company secretary of the Company (the "Company Secretary") and ceased to act as an authorised representative of the Company (the "Authorised Representative") pursuant to Rule 3.05 of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and an authorised representative of the Company for accepting service of process and notice on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) (the "Process Agent") with effect from 28 February 2025. Ms. Jian confirmed that she has no disagreement with the Board and there is no other matter relating to her resignation that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board also announced that Mr. Li Yiu Hong ("Mr. Li") has been appointed as the Company Secretary, the Authorised Representative and the Process Agent with effect from 28 February 2025. Mr. Li is a certified public accountant of the Hong Kong Institute of Certified Public Accountants and a member of the Association of Chartered Certified Accountants. Mr. Li holds a bachelor degree in Business Administration from Hong Kong Baptist University. Mr. Li possesses approximately 10 years extensive experience in the area of auditing, accounting and finance.分析記事 • Feb 12Should You Be Adding Sprocomm Intelligence (HKG:1401) To Your Watchlist Today?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Dec 25Sprocomm Intelligence Limited (HKG:1401) Stock Rockets 40% As Investors Are Less Pessimistic Than ExpectedThose holding Sprocomm Intelligence Limited ( HKG:1401 ) shares would be relieved that the share price has rebounded...Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$1.51, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 13x in the Tech industry in Hong Kong. Total returns to shareholders of 125% over the past three years.お知らせ • Dec 03Sprocomm Intelligence Limited Announces Directorate ChangesSprocomm Intelligence Limited announced the following changes in the directorship of the Company, all with effect from 2 December 2024: (i) Mr. HE Wenyuan has been appointed as an executive director of the Company; (ii) Mr. CHAN Hoi Shu has been appointed as an executive director of the Company; and (iii) Mr. CHING Khei Cheong Christopher has been appointed as an independent non-executive director of the Company. Brief profile of Mr. HE Wenyu: Mr. HE, aged 43, graduated from Sichuan University with a bachelor's degree of computer science and technology in July 2003. Prior to Mr. HE's appointment as an executive director of the Company, he is a member of the senior management of the Company responsible for overseeing and managing the Group's research and development. Since 24 November 2009, Mr. HE has been serving as the vice president and director of software research and development of Shanghai Sprocomm Telecommunication Technology Co. Ltd., a company established under the laws of the PRC and an indirect wholly-owned subsidiary of the Company. Since 1 June 2021, Mr. HE has been serving as the president, managing director and legal representative of Shanghai Sprocomm Telecommunication Technology Co. Ltd. Brief profile of Mr. CHAN Hoi Shu: Mr. CHAN, aged 55, graduated from University of Portsmouth with a bachelor's degree of mechanical engineering in July 1993. In December 1996, Mr. CHAN graduated from The University of Hong Kong and obtained a master's degree of science majoring in computer in manufacturing. In December 2000, Mr. CHAN graduated from Murray State University and obtained a master's degree of business administration majoring in finance and businessadministration. Mr. CHAN is the founder and chairman of GGS Innovation Ltd. since April 2021, which supported new startup companies to develop Web3.0 application on music entertainment and provided services to business partners regarding the technical support for product design, operation efficiency improvement and global network development. Mr. CHAN is the chairman and co-founder of F&B Innovation (HK) Ltd. since June 2024, which is the modular integrated construction system provider to speed up building construction by modularising assembly. Brief profile of Mr. CHING Khei Cheong Christopher: Mr. CHING has been appointed as an independent non-executive director of the Company, a member of the audit committee and remuneration committee with effect from 2 December 2024. Mr. CHING, aged 56, holds a master degree of laws from the University of Central Lancashire. Mr. CHING has over 30 years of experience in regulatory and compliance area particular in the financial industry. Mr. CHING held various senior positions in global financial institutions such as Huatai Financial Holdings (Hong Kong) Limited, ICBC International Holdings Limited, Deutsche Bank AG, Hong Kong Branch and Merrill Lynch Asia Pacific Limited managing their compliance function. Prior to these appointments, Mr. CHING was one of the appointed investigators at the Enforcement Division of the Securities and Futures Commission for over 9 years.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to HK$1.39, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 13x in the Tech industry in Hong Kong. Total returns to shareholders of 96% over the past three years.分析記事 • Nov 18Is Sprocomm Intelligence (HKG:1401) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Nov 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% 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 5.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (HK$198m sold).お知らせ • Sep 14An undisclosed buyer acquired 16.50% stake in Sprocomm Intelligence Limited (SEHK:1401) from Beyond Innovation Limited.An undisclosed buyer acquired 16.50% stake in Sprocomm Intelligence Limited (SEHK:1401) from Beyond Innovation Limited on September 13, 2024. An undisclosed buyer Completed the acquisition of 16.50% stake in Sprocomm Intelligence Limited (SEHK:1401) from Beyond Innovation Limited on September 13, 2024.分析記事 • Sep 13There's Reason For Concern Over Sprocomm Intelligence Limited's (HKG:1401) Massive 27% Price JumpSprocomm Intelligence Limited ( HKG:1401 ) shares have continued their recent momentum with a 27% gain in the last...Reported Earnings • Sep 01First half 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.01 in 1H 2023)First half 2024 results: EPS: CN¥0.01 (in line with 1H 2023). Revenue: CN¥1.26b (up 56% from 1H 2023). Net income: CN¥9.86m (up 3.6% from 1H 2023). Profit margin: 0.8% (down from 1.2% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 20Sprocomm Intelligence Limited to Report First Half, 2024 Results on Aug 29, 2024Sprocomm Intelligence Limited announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • Apr 25Sprocomm Intelligence's (HKG:1401) Solid Earnings Are Supported By Other Strong FactorsSprocomm Intelligence Limited's ( HKG:1401 ) robust earnings report didn't manage to move the market for its stock. Our...分析記事 • Apr 08There's Reason For Concern Over Sprocomm Intelligence Limited's (HKG:1401) Massive 28% Price JumpSprocomm Intelligence Limited ( HKG:1401 ) shareholders would be excited to see that the share price has had a great...Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$2.26, the stock trades at a trailing P/E ratio of 64.5x. Average trailing P/E is 20x in the Tech industry in Hong Kong. Total returns to shareholders of 265% over the past three years.分析記事 • Mar 29Here's Why We Think Sprocomm Intelligence (HKG:1401) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...お知らせ • Mar 29Sprocomm Intelligence Limited, Annual General Meeting, May 27, 2024Sprocomm Intelligence Limited, Annual General Meeting, May 27, 2024.Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CN¥0.032 (vs CN¥0.007 in FY 2022)Full year 2023 results: EPS: CN¥0.032 (up from CN¥0.007 in FY 2022). Revenue: CN¥2.82b (up 95% from FY 2022). Net income: CN¥32.4m (up 398% from FY 2022). Profit margin: 1.1% (up from 0.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 19Sprocomm Intelligence Limited to Report Fiscal Year 2023 Results on Mar 28, 2024Sprocomm Intelligence Limited announced that they will report fiscal year 2023 results on Mar 28, 2024分析記事 • Feb 09Risks Still Elevated At These Prices As Sprocomm Intelligence Limited (HKG:1401) Shares Dive 30%To the annoyance of some shareholders, Sprocomm Intelligence Limited ( HKG:1401 ) shares are down a considerable 30% in...New Risk • Feb 07New 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 Hong Kong stocks, typically moving 15% 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 (15% average weekly change). Earnings have declined by 47% per year over the past 5 years. High level of non-cash earnings (108% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin).分析記事 • Dec 22Sprocomm Intelligence Limited's (HKG:1401) 26% Share Price Plunge Could Signal Some RiskTo the annoyance of some shareholders, Sprocomm Intelligence Limited ( HKG:1401 ) shares are down a considerable 26% in...分析記事 • Sep 29Is Sprocomm Intelligence (HKG:1401) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Sep 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 108% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 47% per year over the past 5 years. High level of non-cash earnings (108% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin).Reported Earnings • Aug 30First half 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.008 in 1H 2022)First half 2023 results: EPS: CN¥0.01 (up from CN¥0.008 in 1H 2022). Revenue: CN¥806.9m (down 11% from 1H 2022). Net income: CN¥9.51m (up 21% from 1H 2022). Profit margin: 1.2% (up from 0.9% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings.New Risk • Aug 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.6% Last year net profit margin: 1.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin).お知らせ • Aug 18Sprocomm Intelligence Limited to Report First Half, 2023 Results on Aug 28, 2023Sprocomm Intelligence Limited announced that they will report first half, 2023 results on Aug 28, 2023New Risk • Jun 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% 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 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$700.0m market cap, or US$89.3m).分析記事 • Jun 02Is Sprocomm Intelligence (HKG:1401) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Mar 30Full year 2022 earnings released: EPS: CN¥0.007 (vs CN¥0.018 loss in FY 2021)Full year 2022 results: EPS: CN¥0.007 (up from CN¥0.018 loss in FY 2021). Revenue: CN¥1.45b (down 28% from FY 2021). Net income: CN¥6.51m (up CN¥24.3m from FY 2021). Profit margin: 0.4% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.分析記事 • Dec 19Health Check: How Prudently Does Sprocomm Intelligence (HKG:1401) Use Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Board Change • Nov 16Insufficient 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. 7 experienced directors. No highly experienced directors. Head of Production & Executive Director Chuanchuan Wen was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Aug 31These 4 Measures Indicate That Sprocomm Intelligence (HKG:1401) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Aug 30First half 2022 earnings released: EPS: CN¥0.008 (vs CN¥0.034 loss in 1H 2021)First half 2022 results: EPS: CN¥0.008 (up from CN¥0.034 loss in 1H 2021). Revenue: CN¥909.3m (flat on 1H 2021). Net income: CN¥7.87m (up CN¥41.8m from 1H 2021). Profit margin: 0.9% (up from net loss in 1H 2021).お知らせ • Aug 18Sprocomm Intelligence Limited to Report First Half, 2022 Results on Aug 29, 2022Sprocomm Intelligence Limited announced that they will report first half, 2022 results on Aug 29, 2022お知らせ • Jul 29Sprocomm Intelligence Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022Sprocomm Intelligence Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the six months, the Group expects that it will record a net profit ranging from approximately RMB 6.0 million to approximately RMB 9.0 million as opposed to a net loss of RMB 34.1 million for the six months ended 30 June 2021. The turnaround from loss to profit for the six months ended 30 June 2022 is mainly attributed to the improvement of the Group's gross profit margin from approximately 7.4% for the six months ended 30 June 2021 to approximately 12.5% for the six months ended 30 June 2022. The improvement in the gross profit margin resulted from (i) the decrease in the costs of major raw materials; and (ii) the appreciation of USD against RMB during the six months ended 30 June 2022.Reported Earnings • Apr 27Full year 2021 earnings released: CN¥0.018 loss per share (vs CN¥0.031 profit in FY 2020)Full year 2021 results: CN¥0.018 loss per share (down from CN¥0.031 profit in FY 2020). Revenue: CN¥2.00b (down 8.3% from FY 2020). Net loss: CN¥17.8m (down 158% from profit in FY 2020).Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Head of Production & Executive Director Chuanchuan Wen was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 22Sprocomm Intelligence Limited, Annual General Meeting, May 26, 2022Sprocomm Intelligence Limited, Annual General Meeting, May 26, 2022, at 11:00 China Standard Time. Location: 5D-506 F1.6 Block, Tianfa Building, Tianan Chegongmiao Industrial Park Futian District Shenzhen China Agenda: To receive, consider and approve the audited consolidated financial statements of the Company and its subsidiaries for the year ended 31 December 2021 and the reports of the directors (the "Directors") and auditors of the Company for the year ended 31 December 2021; to consider the executive changes; to re-appoint SHINEWING (HK) CPA Limited as the auditors of the Company; and to authorize the Board to fix its remuneration; and to consider the other resolution.Reported Earnings • Apr 01Full year 2021 earnings released: CN¥0.018 loss per share (vs CN¥0.031 profit in FY 2020)Full year 2021 results: CN¥0.018 loss per share (down from CN¥0.031 profit in FY 2020). Revenue: CN¥2.00b (down 8.3% from FY 2020). Net loss: CN¥17.8m (down 158% from profit in FY 2020).お知らせ • Jan 25Sprocomm Intelligence Limited Provides Earnings Guidance for the Year Ended December 31, 2021Sprocomm Intelligence Limited provided earnings guidance for the year ended December 31, 2021. The group expects that it will record a net loss in the range of approximately RMB 15 million to approximately RMB 25 million for the year ended 31 December 2021, as opposed to a net profit of approximately RMB 30.7 million for the year ended 31 December 2020. The expected net loss is mainly attributed to: (i) the decrease in the sales revenue by approximately 10% to 15% due to the decrease in demand for smartphones as compared with the year ended 31 December 2020; (ii) the increase in the costs of raw materials (in particular mobile chips and screen for the mobile devices) driven by the global shortage of electronic components. As a result, the Group's overall gross profit margin for the year ended 31 December 2021 is expected to decrease; (iii) the decrease in other income by approximately 30% to 40% resulting from the decrease in one-off government subsidies; and (iv) the increase in contributions to retirement benefits scheme for the Group's employees as micro, small and medium size enterprises enrolled in China Social Security Schemes were exempt from making employer contributions to pension, unemployment and work-related injury insurance schemes between February and December 2020.Reported Earnings • Aug 30First half 2021 earnings released: CN¥0.034 loss per share (vs CN¥0.013 profit in 1H 2020)The company reported a soft first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: CN¥911.7m (up 6.3% from 1H 2020). Net loss: CN¥33.9m (down 368% from profit in 1H 2020).Executive Departure • Jun 10Executive Director Hongxing Li has left the companyOn the 1st of June, Hongxing Li's tenure as Executive Director ended. We don't have any record of a personal shareholding under Hongxing's name. Hongxing is the only executive to leave the company over the last 12 months.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.031 (vs CN¥0.05 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: CN¥2.18b (down 30% from FY 2019). Net income: CN¥30.9m (down 21% from FY 2019). Profit margin: 1.4% (up from 1.3% in FY 2019).分析記事 • Mar 28Is Sprocomm Intelligence (HKG:1401) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Mar 28Full year 2020 earnings released: EPS CN¥0.031 (vs CN¥0.05 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: CN¥2.18b (down 30% from FY 2019). Net income: CN¥30.9m (down 21% from FY 2019). Profit margin: 1.4% (up from 1.3% in FY 2019). The increase in margin was driven by lower expenses.お知らせ • Mar 17Sprocomm Intelligence Limited to Report Fiscal Year 2020 Results on Mar 26, 2021Sprocomm Intelligence Limited announced that they will report fiscal year 2020 results on Mar 26, 2021分析記事 • Feb 18Sprocomm Intelligence's(HKG:1401) Share Price Is Down 29% Over The Past Year.It's easy to match the overall market return by buying an index fund. But if you buy individual stocks, you can do both...Is New 90 Day High Low • Feb 03New 90-day low: HK$0.58The company is down 8.0% from its price of HK$0.63 on 05 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 38% over the same period.分析記事 • Dec 27We're Not Counting On Sprocomm Intelligence (HKG:1401) To Sustain Its Statutory ProfitabilityIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...分析記事 • Nov 22Sprocomm Intelligence (HKG:1401) Has Debt But No Earnings; Should You Worry?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Sep 25New 90-day high: HK$0.76The company is up 52% from its price of HK$0.50 on 26 June 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 41% over the same period.お知らせ • Aug 14Sprocomm Intelligence Limited to Report First Half, 2020 Results on Aug 25, 2020Sprocomm Intelligence Limited announced that they will report first half, 2020 results on Aug 25, 2020決済の安定と成長配当データの取得安定した配当: 1401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: 1401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Future Machine 配当利回り対市場1401 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 (1401)n/a市場下位25% (HK)2.6%市場トップ25% (HK)6.8%業界平均 (Tech)1.3%アナリスト予想 (1401) (最長3年)n/a注目すべき配当: 1401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: 1401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: 1401の 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: 1401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7D1Y7D1Y7D1YHK 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2026/05/08 11:26終値2026/05/08 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Future Machine 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
New Risk • May 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$712.5m (US$90.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (67% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$712.5m market cap, or US$90.9m).
分析記事 • Apr 25Shareholders In Future Machine (HKG:1401) Should Look Beyond Earnings For The Full StoryStrong earnings weren't enough to please Future Machine Limited's ( HKG:1401 ) shareholders over the last week. We did...
New Risk • Apr 23New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 67% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (67% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding).
Reported Earnings • Mar 29Full year 2025 earnings released: EPS: CN¥0.032 (vs CN¥0.016 in FY 2024)Full year 2025 results: EPS: CN¥0.032 (up from CN¥0.016 in FY 2024). Revenue: CN¥4.35b (up 49% from FY 2024). Net income: CN¥41.4m (up 154% from FY 2024). Profit margin: 1.0% (up from 0.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 28Future Machine Limited, Annual General Meeting, May 29, 2026Future Machine Limited, Annual General Meeting, May 29, 2026.
お知らせ • Mar 17Future Machine Limited to Report Fiscal Year 2025 Final Results on Mar 27, 2026Future Machine Limited announced that they will report fiscal year 2025 final results at 4:00 PM, China Standard Time on Mar 27, 2026
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 42%After last week's 42% share price gain to HK$1.02, the stock trades at a trailing P/E ratio of 77x. Average trailing P/E is 19x in the Tech industry in Hong Kong. Total returns to shareholders of 77% over the past three years.
New Risk • Jan 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% 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 Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
分析記事 • Jan 19Future Machine Limited's (HKG:1401) Shares Climb 30% But Its Business Is Yet to Catch UpFuture Machine Limited ( HKG:1401 ) shareholders would be excited to see that the share price has had a great month...
Recent Insider Transactions Derivative • Nov 15Chairman & CEO exercised options to buy HK$63m worth of stock.On the 13th of November, Chengjun Li exercised options to buy 102m shares at a strike price of around HK$0.28, costing a total of HK$29m. This transaction amounted to 50% of their direct individual holding at the time of the trade. Since December 2024, Chengjun has owned 204.97m shares directly. Company insiders have collectively bought HK$48m more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Nov 11Future Machine Limited has completed a Follow-on Equity Offering in the amount of HKD 140 million.Future Machine Limited has completed a Follow-on Equity Offering in the amount of HKD 140 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 309,154,310 Price\Range: HKD 0.28 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 190,845,690 Price\Range: HKD 0.28 Transaction Features: Rights Offering
分析記事 • Sep 26We Believe That Future Machine's (HKG:1401) Weak Earnings Are A Good Indicator Of Underlying ProfitabilityFuture Machine Limited's ( HKG:1401 ) lackluster earnings announcement last week disappointed investors. We looked...
分析記事 • Sep 19More Unpleasant Surprises Could Be In Store For Future Machine Limited's (HKG:1401) Shares After Tumbling 30%Unfortunately for some shareholders, the Future Machine Limited ( HKG:1401 ) share price has dived 30% in the last...
New Risk • Sep 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
Reported Earnings • Sep 01First half 2025 earnings released: EPS: CN¥0.011 (vs CN¥0.01 in 1H 2024)First half 2025 results: EPS: CN¥0.011 (up from CN¥0.01 in 1H 2024). Revenue: CN¥1.60b (up 27% from 1H 2024). Net income: CN¥11.2m (up 14% from 1H 2024). Profit margin: 0.7% (down from 0.8% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Aug 15Future Machine Limited to Report First Half, 2025 Results on Aug 28, 2025Future Machine Limited announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Jul 24Future Machine Limited has filed a Follow-on Equity Offering in the amount of HKD 140 million.Future Machine Limited has filed a Follow-on Equity Offering in the amount of HKD 140 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 500,000,000 Price\Range: HKD 0.28 Transaction Features: Rights Offering
分析記事 • Jul 09Sprocomm Intelligence Limited's (HKG:1401) Popularity With Investors Under Threat As Stock Sinks 26%Sprocomm Intelligence Limited ( HKG:1401 ) shareholders won't be pleased to see that the share price has had a very...
分析記事 • Jun 30Health Check: How Prudently Does Sprocomm Intelligence (HKG:1401) Use Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$1.11, the stock trades at a trailing P/E ratio of 62.1x. Average trailing P/E is 32x in the Tech industry in Hong Kong. Total returns to shareholders of 25% over the past three years.
分析記事 • May 23This Is The Reason Why We Think Sprocomm Intelligence Limited's (HKG:1401) CEO Deserves A Bump Up To Their CompensationKey Insights Sprocomm Intelligence to hold its Annual General Meeting on 30th of May Salary of CN¥552.0k is part of CEO...
分析記事 • May 11There's Reason For Concern Over Sprocomm Intelligence Limited's (HKG:1401) Massive 25% Price JumpSprocomm Intelligence Limited ( HKG:1401 ) shares have had a really impressive month, gaining 25% after a shaky period...
Reported Earnings • May 04Full year 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.032 in FY 2023)Full year 2024 results: EPS: CN¥0.016 (down from CN¥0.032 in FY 2023). Revenue: CN¥2.92b (up 3.3% from FY 2023). Net income: CN¥16.3m (down 50% from FY 2023). Profit margin: 0.6% (down from 1.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to HK$1.26, the stock trades at a trailing P/E ratio of 72.8x. Average trailing P/E is 35x in the Tech industry in Hong Kong. Total returns to shareholders of 48% over the past three years.
Reported Earnings • Mar 28Full year 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.032 in FY 2023)Full year 2024 results: EPS: CN¥0.016 (down from CN¥0.032 in FY 2023). Revenue: CN¥2.92b (up 3.3% from FY 2023). Net income: CN¥16.3m (down 50% from FY 2023). Profit margin: 0.6% (down from 1.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 27Sprocomm Intelligence Limited, Annual General Meeting, May 30, 2025Sprocomm Intelligence Limited, Annual General Meeting, May 30, 2025.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to HK$2.14, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 18x in the Tech industry in Hong Kong. Total returns to shareholders of 164% over the past three years.
分析記事 • Mar 17Optimistic Investors Push Sprocomm Intelligence Limited (HKG:1401) Shares Up 39% But Growth Is LackingSprocomm Intelligence Limited ( HKG:1401 ) shares have continued their recent momentum with a 39% gain in the last...
お知らせ • Mar 17Sprocomm Intelligence Limited to Report Fiscal Year 2024 Final Results on Mar 27, 2025Sprocomm Intelligence Limited announced that they will report fiscal year 2024 final results at 4:00 PM, China Standard Time on Mar 27, 2025
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to HK$1.62, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 14x in the Tech industry in Hong Kong. Total returns to shareholders of 100% over the past three years.
お知らせ • Mar 03Sprocomm Intelligence Limited Announces Change of Company SecretaryThe board of directors of Sprocomm Intelligence Limited announced that Ms. Jian Xuegen ("Ms. Jian") has resigned as the company secretary of the Company (the "Company Secretary") and ceased to act as an authorised representative of the Company (the "Authorised Representative") pursuant to Rule 3.05 of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and an authorised representative of the Company for accepting service of process and notice on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Cap. 622 of the Laws of Hong Kong) (the "Process Agent") with effect from 28 February 2025. Ms. Jian confirmed that she has no disagreement with the Board and there is no other matter relating to her resignation that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board also announced that Mr. Li Yiu Hong ("Mr. Li") has been appointed as the Company Secretary, the Authorised Representative and the Process Agent with effect from 28 February 2025. Mr. Li is a certified public accountant of the Hong Kong Institute of Certified Public Accountants and a member of the Association of Chartered Certified Accountants. Mr. Li holds a bachelor degree in Business Administration from Hong Kong Baptist University. Mr. Li possesses approximately 10 years extensive experience in the area of auditing, accounting and finance.
分析記事 • Feb 12Should You Be Adding Sprocomm Intelligence (HKG:1401) To Your Watchlist Today?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
分析記事 • Dec 25Sprocomm Intelligence Limited (HKG:1401) Stock Rockets 40% As Investors Are Less Pessimistic Than ExpectedThose holding Sprocomm Intelligence Limited ( HKG:1401 ) shares would be relieved that the share price has rebounded...
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$1.51, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 13x in the Tech industry in Hong Kong. Total returns to shareholders of 125% over the past three years.
お知らせ • Dec 03Sprocomm Intelligence Limited Announces Directorate ChangesSprocomm Intelligence Limited announced the following changes in the directorship of the Company, all with effect from 2 December 2024: (i) Mr. HE Wenyuan has been appointed as an executive director of the Company; (ii) Mr. CHAN Hoi Shu has been appointed as an executive director of the Company; and (iii) Mr. CHING Khei Cheong Christopher has been appointed as an independent non-executive director of the Company. Brief profile of Mr. HE Wenyu: Mr. HE, aged 43, graduated from Sichuan University with a bachelor's degree of computer science and technology in July 2003. Prior to Mr. HE's appointment as an executive director of the Company, he is a member of the senior management of the Company responsible for overseeing and managing the Group's research and development. Since 24 November 2009, Mr. HE has been serving as the vice president and director of software research and development of Shanghai Sprocomm Telecommunication Technology Co. Ltd., a company established under the laws of the PRC and an indirect wholly-owned subsidiary of the Company. Since 1 June 2021, Mr. HE has been serving as the president, managing director and legal representative of Shanghai Sprocomm Telecommunication Technology Co. Ltd. Brief profile of Mr. CHAN Hoi Shu: Mr. CHAN, aged 55, graduated from University of Portsmouth with a bachelor's degree of mechanical engineering in July 1993. In December 1996, Mr. CHAN graduated from The University of Hong Kong and obtained a master's degree of science majoring in computer in manufacturing. In December 2000, Mr. CHAN graduated from Murray State University and obtained a master's degree of business administration majoring in finance and businessadministration. Mr. CHAN is the founder and chairman of GGS Innovation Ltd. since April 2021, which supported new startup companies to develop Web3.0 application on music entertainment and provided services to business partners regarding the technical support for product design, operation efficiency improvement and global network development. Mr. CHAN is the chairman and co-founder of F&B Innovation (HK) Ltd. since June 2024, which is the modular integrated construction system provider to speed up building construction by modularising assembly. Brief profile of Mr. CHING Khei Cheong Christopher: Mr. CHING has been appointed as an independent non-executive director of the Company, a member of the audit committee and remuneration committee with effect from 2 December 2024. Mr. CHING, aged 56, holds a master degree of laws from the University of Central Lancashire. Mr. CHING has over 30 years of experience in regulatory and compliance area particular in the financial industry. Mr. CHING held various senior positions in global financial institutions such as Huatai Financial Holdings (Hong Kong) Limited, ICBC International Holdings Limited, Deutsche Bank AG, Hong Kong Branch and Merrill Lynch Asia Pacific Limited managing their compliance function. Prior to these appointments, Mr. CHING was one of the appointed investigators at the Enforcement Division of the Securities and Futures Commission for over 9 years.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to HK$1.39, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 13x in the Tech industry in Hong Kong. Total returns to shareholders of 96% over the past three years.
分析記事 • Nov 18Is Sprocomm Intelligence (HKG:1401) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Nov 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% 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 5.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (HK$198m sold).
お知らせ • Sep 14An undisclosed buyer acquired 16.50% stake in Sprocomm Intelligence Limited (SEHK:1401) from Beyond Innovation Limited.An undisclosed buyer acquired 16.50% stake in Sprocomm Intelligence Limited (SEHK:1401) from Beyond Innovation Limited on September 13, 2024. An undisclosed buyer Completed the acquisition of 16.50% stake in Sprocomm Intelligence Limited (SEHK:1401) from Beyond Innovation Limited on September 13, 2024.
分析記事 • Sep 13There's Reason For Concern Over Sprocomm Intelligence Limited's (HKG:1401) Massive 27% Price JumpSprocomm Intelligence Limited ( HKG:1401 ) shares have continued their recent momentum with a 27% gain in the last...
Reported Earnings • Sep 01First half 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.01 in 1H 2023)First half 2024 results: EPS: CN¥0.01 (in line with 1H 2023). Revenue: CN¥1.26b (up 56% from 1H 2023). Net income: CN¥9.86m (up 3.6% from 1H 2023). Profit margin: 0.8% (down from 1.2% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 20Sprocomm Intelligence Limited to Report First Half, 2024 Results on Aug 29, 2024Sprocomm Intelligence Limited announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • Apr 25Sprocomm Intelligence's (HKG:1401) Solid Earnings Are Supported By Other Strong FactorsSprocomm Intelligence Limited's ( HKG:1401 ) robust earnings report didn't manage to move the market for its stock. Our...
分析記事 • Apr 08There's Reason For Concern Over Sprocomm Intelligence Limited's (HKG:1401) Massive 28% Price JumpSprocomm Intelligence Limited ( HKG:1401 ) shareholders would be excited to see that the share price has had a great...
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$2.26, the stock trades at a trailing P/E ratio of 64.5x. Average trailing P/E is 20x in the Tech industry in Hong Kong. Total returns to shareholders of 265% over the past three years.
分析記事 • Mar 29Here's Why We Think Sprocomm Intelligence (HKG:1401) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
お知らせ • Mar 29Sprocomm Intelligence Limited, Annual General Meeting, May 27, 2024Sprocomm Intelligence Limited, Annual General Meeting, May 27, 2024.
Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CN¥0.032 (vs CN¥0.007 in FY 2022)Full year 2023 results: EPS: CN¥0.032 (up from CN¥0.007 in FY 2022). Revenue: CN¥2.82b (up 95% from FY 2022). Net income: CN¥32.4m (up 398% from FY 2022). Profit margin: 1.1% (up from 0.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 19Sprocomm Intelligence Limited to Report Fiscal Year 2023 Results on Mar 28, 2024Sprocomm Intelligence Limited announced that they will report fiscal year 2023 results on Mar 28, 2024
分析記事 • Feb 09Risks Still Elevated At These Prices As Sprocomm Intelligence Limited (HKG:1401) Shares Dive 30%To the annoyance of some shareholders, Sprocomm Intelligence Limited ( HKG:1401 ) shares are down a considerable 30% in...
New Risk • Feb 07New 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 Hong Kong stocks, typically moving 15% 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 (15% average weekly change). Earnings have declined by 47% per year over the past 5 years. High level of non-cash earnings (108% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin).
分析記事 • Dec 22Sprocomm Intelligence Limited's (HKG:1401) 26% Share Price Plunge Could Signal Some RiskTo the annoyance of some shareholders, Sprocomm Intelligence Limited ( HKG:1401 ) shares are down a considerable 26% in...
分析記事 • Sep 29Is Sprocomm Intelligence (HKG:1401) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Sep 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 108% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 47% per year over the past 5 years. High level of non-cash earnings (108% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin).
Reported Earnings • Aug 30First half 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.008 in 1H 2022)First half 2023 results: EPS: CN¥0.01 (up from CN¥0.008 in 1H 2022). Revenue: CN¥806.9m (down 11% from 1H 2022). Net income: CN¥9.51m (up 21% from 1H 2022). Profit margin: 1.2% (up from 0.9% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings.
New Risk • Aug 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.6% Last year net profit margin: 1.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin).
お知らせ • Aug 18Sprocomm Intelligence Limited to Report First Half, 2023 Results on Aug 28, 2023Sprocomm Intelligence Limited announced that they will report first half, 2023 results on Aug 28, 2023
New Risk • Jun 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% 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 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$700.0m market cap, or US$89.3m).
分析記事 • Jun 02Is Sprocomm Intelligence (HKG:1401) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: CN¥0.007 (vs CN¥0.018 loss in FY 2021)Full year 2022 results: EPS: CN¥0.007 (up from CN¥0.018 loss in FY 2021). Revenue: CN¥1.45b (down 28% from FY 2021). Net income: CN¥6.51m (up CN¥24.3m from FY 2021). Profit margin: 0.4% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
分析記事 • Dec 19Health Check: How Prudently Does Sprocomm Intelligence (HKG:1401) Use Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Board Change • Nov 16Insufficient 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. 7 experienced directors. No highly experienced directors. Head of Production & Executive Director Chuanchuan Wen was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Aug 31These 4 Measures Indicate That Sprocomm Intelligence (HKG:1401) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Aug 30First half 2022 earnings released: EPS: CN¥0.008 (vs CN¥0.034 loss in 1H 2021)First half 2022 results: EPS: CN¥0.008 (up from CN¥0.034 loss in 1H 2021). Revenue: CN¥909.3m (flat on 1H 2021). Net income: CN¥7.87m (up CN¥41.8m from 1H 2021). Profit margin: 0.9% (up from net loss in 1H 2021).
お知らせ • Aug 18Sprocomm Intelligence Limited to Report First Half, 2022 Results on Aug 29, 2022Sprocomm Intelligence Limited announced that they will report first half, 2022 results on Aug 29, 2022
お知らせ • Jul 29Sprocomm Intelligence Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022Sprocomm Intelligence Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the six months, the Group expects that it will record a net profit ranging from approximately RMB 6.0 million to approximately RMB 9.0 million as opposed to a net loss of RMB 34.1 million for the six months ended 30 June 2021. The turnaround from loss to profit for the six months ended 30 June 2022 is mainly attributed to the improvement of the Group's gross profit margin from approximately 7.4% for the six months ended 30 June 2021 to approximately 12.5% for the six months ended 30 June 2022. The improvement in the gross profit margin resulted from (i) the decrease in the costs of major raw materials; and (ii) the appreciation of USD against RMB during the six months ended 30 June 2022.
Reported Earnings • Apr 27Full year 2021 earnings released: CN¥0.018 loss per share (vs CN¥0.031 profit in FY 2020)Full year 2021 results: CN¥0.018 loss per share (down from CN¥0.031 profit in FY 2020). Revenue: CN¥2.00b (down 8.3% from FY 2020). Net loss: CN¥17.8m (down 158% from profit in FY 2020).
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Head of Production & Executive Director Chuanchuan Wen was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 22Sprocomm Intelligence Limited, Annual General Meeting, May 26, 2022Sprocomm Intelligence Limited, Annual General Meeting, May 26, 2022, at 11:00 China Standard Time. Location: 5D-506 F1.6 Block, Tianfa Building, Tianan Chegongmiao Industrial Park Futian District Shenzhen China Agenda: To receive, consider and approve the audited consolidated financial statements of the Company and its subsidiaries for the year ended 31 December 2021 and the reports of the directors (the "Directors") and auditors of the Company for the year ended 31 December 2021; to consider the executive changes; to re-appoint SHINEWING (HK) CPA Limited as the auditors of the Company; and to authorize the Board to fix its remuneration; and to consider the other resolution.
Reported Earnings • Apr 01Full year 2021 earnings released: CN¥0.018 loss per share (vs CN¥0.031 profit in FY 2020)Full year 2021 results: CN¥0.018 loss per share (down from CN¥0.031 profit in FY 2020). Revenue: CN¥2.00b (down 8.3% from FY 2020). Net loss: CN¥17.8m (down 158% from profit in FY 2020).
お知らせ • Jan 25Sprocomm Intelligence Limited Provides Earnings Guidance for the Year Ended December 31, 2021Sprocomm Intelligence Limited provided earnings guidance for the year ended December 31, 2021. The group expects that it will record a net loss in the range of approximately RMB 15 million to approximately RMB 25 million for the year ended 31 December 2021, as opposed to a net profit of approximately RMB 30.7 million for the year ended 31 December 2020. The expected net loss is mainly attributed to: (i) the decrease in the sales revenue by approximately 10% to 15% due to the decrease in demand for smartphones as compared with the year ended 31 December 2020; (ii) the increase in the costs of raw materials (in particular mobile chips and screen for the mobile devices) driven by the global shortage of electronic components. As a result, the Group's overall gross profit margin for the year ended 31 December 2021 is expected to decrease; (iii) the decrease in other income by approximately 30% to 40% resulting from the decrease in one-off government subsidies; and (iv) the increase in contributions to retirement benefits scheme for the Group's employees as micro, small and medium size enterprises enrolled in China Social Security Schemes were exempt from making employer contributions to pension, unemployment and work-related injury insurance schemes between February and December 2020.
Reported Earnings • Aug 30First half 2021 earnings released: CN¥0.034 loss per share (vs CN¥0.013 profit in 1H 2020)The company reported a soft first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: CN¥911.7m (up 6.3% from 1H 2020). Net loss: CN¥33.9m (down 368% from profit in 1H 2020).
Executive Departure • Jun 10Executive Director Hongxing Li has left the companyOn the 1st of June, Hongxing Li's tenure as Executive Director ended. We don't have any record of a personal shareholding under Hongxing's name. Hongxing is the only executive to leave the company over the last 12 months.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.031 (vs CN¥0.05 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: CN¥2.18b (down 30% from FY 2019). Net income: CN¥30.9m (down 21% from FY 2019). Profit margin: 1.4% (up from 1.3% in FY 2019).
分析記事 • Mar 28Is Sprocomm Intelligence (HKG:1401) Using Debt Sensibly?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Mar 28Full year 2020 earnings released: EPS CN¥0.031 (vs CN¥0.05 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: CN¥2.18b (down 30% from FY 2019). Net income: CN¥30.9m (down 21% from FY 2019). Profit margin: 1.4% (up from 1.3% in FY 2019). The increase in margin was driven by lower expenses.
お知らせ • Mar 17Sprocomm Intelligence Limited to Report Fiscal Year 2020 Results on Mar 26, 2021Sprocomm Intelligence Limited announced that they will report fiscal year 2020 results on Mar 26, 2021
分析記事 • Feb 18Sprocomm Intelligence's(HKG:1401) Share Price Is Down 29% Over The Past Year.It's easy to match the overall market return by buying an index fund. But if you buy individual stocks, you can do both...
Is New 90 Day High Low • Feb 03New 90-day low: HK$0.58The company is down 8.0% from its price of HK$0.63 on 05 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 38% over the same period.
分析記事 • Dec 27We're Not Counting On Sprocomm Intelligence (HKG:1401) To Sustain Its Statutory ProfitabilityIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...
分析記事 • Nov 22Sprocomm Intelligence (HKG:1401) Has Debt But No Earnings; Should You Worry?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Sep 25New 90-day high: HK$0.76The company is up 52% from its price of HK$0.50 on 26 June 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 41% over the same period.
お知らせ • Aug 14Sprocomm Intelligence Limited to Report First Half, 2020 Results on Aug 25, 2020Sprocomm Intelligence Limited announced that they will report first half, 2020 results on Aug 25, 2020