View ValuationAV Concept Holdings 将来の成長Future 基準チェック /06現在、 AV Concept Holdingsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Electronic 収益成長23.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報お知らせ • Jun 15AV Concept Holdings Limited Provides Group Earnings Guidance for the Year Ended 31 March 2023AV Concept Holdings Limited provided group earnings guidance for the year ended 31 March 2023. For the year, the group is expected to record a decrease in consolidated profit attributable to owners of the Company by not less than 80% for the Year, as compared to that of approximately HKD 231.0 million for the year ended 31 March 2022. It is expected the aforesaid decline in consolidated profit attributable to owners of the Company was mainly attributable to, among others, a decrease in revenue due to decrease in demand of semiconductor components in the market; a decrease in gross profit as a result of decrease in revenue and due to the market fluctuation for semiconductor industry, there has been a decline in the gross profit margin; and a decrease in share of profits and losses of joint ventures and associates as compared to that for the year ended 31 March 2022 primarily resulting from poor performance of the joint venture during the Year.お知らせ • Nov 12AV Concept Holdings Limited Provides Earnings Guidance for the Six Months Ending September 30, 2022AV Concept Holdings Limited provided earnings guidance for the six months ending September 30, 2022. For the period, the company expects to record a decrease in consolidated profit attributable to owners of the Company by around 65% to 75% for the Period, as compared to thatof approximately HKD 126.6 million for the six months ended 30 September 2021. It is expected the aforesaid decline in consolidated profit attributable to owners of the Company was mainly attributable to, among others, due to the market fluctuation for semiconductor industry,a gross loss was incurred for the Period, as compared to a gross profit for the six months ended 30 September 2021; an increase in fair value losses on financial assets at fair value through profit or loss as compared to that for the six months ended 30 September 2021; and a decrease in share of profits and losses of joint ventures and associates as compared to that for the six months ended 30 September 2021 primarily resulting from poor performance of the joint venture during the Period.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jun 06Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to HK$1.17, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 18x in the Electronic industry in Hong Kong. Total returns to shareholders of 200% over the past three years.Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to HK$1.19, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 17x in the Electronic industry in Hong Kong. Total returns to shareholders of 201% over the past three years.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to HK$1.31, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 15x in the Electronic industry in Hong Kong. Total returns to shareholders of 217% over the past three years.New Risk • Mar 18New 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 14% 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 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (4.2% net profit margin). Market cap is less than US$100m (HK$534.4m market cap, or US$68.2m).分析記事 • Jan 06There May Be Reason For Hope In AV Concept Holdings' (HKG:595) Disappointing EarningsShareholders appeared unconcerned with AV Concept Holdings Limited's ( HKG:595 ) lackluster earnings report last week...Reported Earnings • Jan 01First half 2026 earnings released: EPS: HK$0.069 (vs HK$0.062 in 1H 2025)First half 2026 results: EPS: HK$0.069 (up from HK$0.062 in 1H 2025). Revenue: HK$857.2m (up 36% from 1H 2025). Net income: HK$62.4m (up 11% from 1H 2025). Profit margin: 7.3% (down from 8.9% in 1H 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year.Buy Or Sell Opportunity • Dec 09Now 21% overvaluedOver the last 90 days, the stock has fallen 1.3% to HK$0.40. The fair value is estimated to be HK$0.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has declined by 5.5%.Reported Earnings • Nov 30First half 2026 earnings released: EPS: HK$0.069 (vs HK$0.062 in 1H 2025)First half 2026 results: EPS: HK$0.069 (up from HK$0.062 in 1H 2025). Revenue: HK$857.2m (up 36% from 1H 2025). Net income: HK$62.4m (up 11% from 1H 2025). Profit margin: 7.3% (down from 8.9% in 1H 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year.お知らせ • Nov 29AV Concept Holdings Limited Recommends No Dividend for the Six Months Ended September 30, 2025AV Concept Holdings Limited's board of directors does not recommend the payment of any interim dividend for the six months ended 30 September 2025.お知らせ • Nov 17AV Concept Holdings Limited to Report First Half, 2026 Results on Nov 28, 2025AV Concept Holdings Limited announced that they will report first half, 2026 results on Nov 28, 2025お知らせ • Sep 05AV Concept Holdings Limited Declares Final Dividend for the Year Ended 31 March 2025AV Concept Holdings Limited at its AGM held on September 5, 2025, declared a final dividend of HK 1.00 cents per share for the year ended 31 March 2025.Upcoming Dividend • Sep 02Upcoming dividend of HK$0.01 per shareEligible shareholders must have bought the stock before 09 September 2025. Payment date: 03 October 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 4.9%. Lower than top quartile of Hong Kong dividend payers (6.6%). Higher than average of industry peers (3.0%).Reported Earnings • Aug 05Full year 2025 earnings released: EPS: HK$0.059 (vs HK$0.12 in FY 2024)Full year 2025 results: EPS: HK$0.059 (down from HK$0.12 in FY 2024). Revenue: HK$1.19b (up 21% from FY 2024). Net income: HK$53.7m (down 51% from FY 2024). Profit margin: 4.5% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Declared Dividend • Jul 03Final dividend of HK$0.01 announcedShareholders will receive a dividend of HK$0.01. Ex-date: 9th September 2025 Payment date: 3rd October 2025 Dividend yield will be 5.2%, which is higher than the industry average of 4.2%. Sustainability & Growth The dividend has increased by an average of 2.3% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 62% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years.お知らせ • Jul 03Av Concept Holdings Limited Announces Ordinary Final Dividend for the Year Ended 31 March 2025, Payable on 03 October 2025AV Concept Holdings Limited announced ordinary final dividend of HKD 0.01 per share for Year Ended 31 March 2025. Payable on 03 October 2025; Record date: 12 September 2025; Ex-dividend date: 09 September 2025. Date of shareholders' approval: 05 September 2025.New Risk • Jul 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (HK$358.9m market cap, or US$45.7m).Reported Earnings • Jul 01Full year 2025 earnings released: EPS: HK$0.059 (vs HK$0.12 in FY 2024)Full year 2025 results: EPS: HK$0.059 (down from HK$0.12 in FY 2024). Revenue: HK$1.19b (up 21% from FY 2024). Net income: HK$53.7m (down 51% from FY 2024). Profit margin: 4.5% (down from 11% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Jul 01AV Concept Holdings Limited, Annual General Meeting, Sep 05, 2025AV Concept Holdings Limited, Annual General Meeting, Sep 05, 2025.Buy Or Sell Opportunity • Jun 24Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to HK$0.39. The fair value is estimated to be HK$0.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 45%.お知らせ • Jun 16AV Concept Holdings Limited to Report Fiscal Year 2025 Results on Jun 30, 2025AV Concept Holdings Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Jun 30, 2025分析記事 • Apr 14AV Concept Holdings Limited's (HKG:595) Share Price Is Matching Sentiment Around Its EarningsWith a price-to-earnings (or "P/E") ratio of 2.9x AV Concept Holdings Limited ( HKG:595 ) may be sending very bullish...Buy Or Sell Opportunity • Apr 07Now 29% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to HK$0.36. The fair value is estimated to be HK$0.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 45%.Reported Earnings • Jan 03First half 2025 earnings released: EPS: HK$0.062 (vs HK$0.035 in 1H 2024)First half 2025 results: EPS: HK$0.062 (up from HK$0.035 in 1H 2024). Revenue: HK$629.3m (up 55% from 1H 2024). Net income: HK$56.3m (up 78% from 1H 2024). Profit margin: 8.9% (up from 7.8% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Dec 02Upcoming dividend of HK$0.01 per shareEligible shareholders must have bought the stock before 09 December 2024. Payment date: 30 December 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of Hong Kong dividend payers (8.1%). Higher than average of industry peers (3.0%).Reported Earnings • Nov 28First half 2025 earnings released: EPS: HK$0.062 (vs HK$0.035 in 1H 2024)First half 2025 results: EPS: HK$0.062 (up from HK$0.035 in 1H 2024). Revenue: HK$629.3m (up 55% from 1H 2024). Net income: HK$56.3m (up 78% from 1H 2024). Profit margin: 8.9% (up from 7.8% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Nov 15AV Concept Holdings Limited to Report First Half, 2025 Results on Nov 26, 2024AV Concept Holdings Limited announced that they will report first half, 2025 results on Nov 26, 2024分析記事 • Oct 04AV Concept Holdings Limited (HKG:595) Surges 38% Yet Its Low P/E Is No Reason For ExcitementAV Concept Holdings Limited ( HKG:595 ) shares have had a really impressive month, gaining 38% after a shaky period...Buy Or Sell Opportunity • Oct 02Now 24% overvaluedOver the last 90 days, the stock has fallen 9.8% to HK$0.41. The fair value is estimated to be HK$0.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 59%.Recent Insider Transactions • Sep 13Founder recently bought HK$66k worth of stockOn the 11th of September, Yuk Kwan So bought around 170k shares on-market at roughly HK$0.39 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 purchase worth HK$176k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$4.3m worth in shares.Upcoming Dividend • Aug 27Upcoming dividend of HK$0.02 per shareEligible shareholders must have bought the stock before 03 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of Hong Kong dividend payers (8.3%). Higher than average of industry peers (3.3%).分析記事 • Aug 23Shareholders May Be More Conservative With AV Concept Holdings Limited's (HKG:595) CEO Compensation For NowKey Insights AV Concept Holdings will host its Annual General Meeting on 30th of August CEO Yuk Kwan So's total...Buy Or Sell Opportunity • Aug 22Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 9.0% to HK$0.42. The fair value is estimated to be HK$0.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 59%.分析記事 • Aug 16AV Concept Holdings' (HKG:595) Upcoming Dividend Will Be Larger Than Last Year'sAV Concept Holdings Limited ( HKG:595 ) has announced that it will be increasing its dividend from last year's...分析記事 • Aug 01Shareholders Can Be Confident That AV Concept Holdings' (HKG:595) Earnings Are High QualityThe subdued stock price reaction suggests that AV Concept Holdings Limited's ( HKG:595 ) strong earnings didn't offer...Reported Earnings • Jul 30Full year 2024 earnings released: EPS: HK$0.12 (vs HK$0.045 in FY 2023)Full year 2024 results: EPS: HK$0.12 (up from HK$0.045 in FY 2023). Revenue: HK$984.3m (up 49% from FY 2023). Net income: HK$109.2m (up 168% from FY 2023). Profit margin: 11% (up from 6.2% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • Jul 27Founder recently bought HK$58k worth of stockOn the 25th of July, Yuk Kwan So bought around 130k shares on-market at roughly HK$0.44 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 purchase worth HK$176k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$4.7m worth in shares.Recent Insider Transactions • Jul 16Founder recently bought HK$176k worth of stockOn the 12th of July, Yuk Kwan So bought around 382k shares on-market at roughly HK$0.46 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 purchase worth HK$385k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$4.8m worth in shares.Declared Dividend • Jun 24Dividend of HK$0.02 announcedShareholders will receive a dividend of HK$0.02. Ex-date: 3rd September 2024 Payment date: 30th September 2024 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (17% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 21AV Concept Holdings Limited, Annual General Meeting, Aug 30, 2024AV Concept Holdings Limited, Annual General Meeting, Aug 30, 2024.Reported Earnings • Jun 21Full year 2024 earnings released: EPS: HK$0.12 (vs HK$0.045 in FY 2023)Full year 2024 results: EPS: HK$0.12 (up from HK$0.045 in FY 2023). Revenue: HK$984.3m (up 49% from FY 2023). Net income: HK$109.2m (up 168% from FY 2023). Profit margin: 11% (up from 6.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.分析記事 • Jun 14AV Concept Holdings Limited's (HKG:595) Shares Climb 27% But Its Business Is Yet to Catch UpAV Concept Holdings Limited ( HKG:595 ) shares have had a really impressive month, gaining 27% after a shaky period...New Risk • Jun 14New 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 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.0% net profit margin). Market cap is less than US$100m (HK$449.8m market cap, or US$57.6m).Recent Insider Transactions • Apr 11Founder recently bought HK$205k worth of stockOn the 9th of April, Yuk Kwan So bought around 500k shares on-market at roughly HK$0.41 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 purchase worth HK$312k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$3.7m worth in shares.Recent Insider Transactions • Mar 20Founder recently bought HK$84k worth of stockOn the 15th of March, Yuk Kwan So bought around 200k shares on-market at roughly HK$0.42 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 purchase worth HK$312k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$3.8m worth in shares.Recent Insider Transactions • Mar 08Founder recently bought HK$241k worth of stockOn the 6th of March, Yuk Kwan So bought around 580k shares on-market at roughly HK$0.42 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 purchase worth HK$312k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$3.6m worth in shares.New Risk • Jan 21New 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: 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 (5.0% net profit margin). Market cap is less than US$100m (HK$345.3m market cap, or US$44.2m).分析記事 • Jan 05AV Concept Holdings' (HKG:595) Soft Earnings Are Actually Better Than They AppearAV Concept Holdings Limited's ( HKG:595 ) stock was strong despite it releasing a soft earnings report last week. We...お知らせ • Jan 05AV Concept Holdings Limited Announces Board and Committee ChangesThe board of directors of AV Concept Holdings Limited announced that Ms. Au-Yeung Kit Ping (Ms. Au-Yeung) has been appointed as an independent non-executive Director, the chairman of the nomination committee (the "Nomination Committee"), and a member of each of the audit committee (the "Audit Committee"), the remuneration committee (the "Remuneration Committee") and the corporate governance committee (the "Corporate Governance Committee") of the Company with effect from 5 January 2024. Ms. Au-Yeung, aged 55, has 27 years of international business experience with multinational corporations. She joined Coats Plc ("Coats"), a UK public listed company and the world's leading industrial thread manufacturer serving the Apparel, Footwear and Speciality markets in 1994. During her 25 years tenure with Coats, Ms. Au-Yeung held various senior leadership positions as the Global Commercial Director, Regional Chief Executive North-East Asia, Managing Director Vietnam, Cambodia and Laos, Sales & Marketing Director across different regions and continents. She subsequently joined Amann Group, headquartered in Germany serving the apparel and automotive industries with worldwide operations as the Chief Commercial Officer, Global Apparel & Specialty from 2020 to 2021. Ms. Au-Yeung has over two decades of board experience as an executive and non-executive director for various organizations. She has been the founder and director of UTransform Life and Business Limited in Hong Kong since 2022, and appointed as an Independent Non-Executive Director of IOP Publishing Limited in 2023. Ms. Au-Yeung obtained a Bachelor's Degree in Business Administration with honours from the Chinese University of Hong Kong in 1991, and a Master's Degree in Business Administration in Murdoch University at Perth, Western Australia in 1994. She was accredited the Financial Times Level7 Advanced Professional Diploma, a formal post-graduate qualification for non-executive directors in 2022. Ms. Au-Yeung is also a certified Fellow of the Hong Kong Institute of Directors. Following the appointment of Ms. Au-Yeung as an independent non-executive Director, the chairman ofthe Nomination Committee and a member of each of the Audit Committee, the Remuneration Committee and the Corporate Governance Committee, the Company is in compliance with the requirements on the minimum number of independent non-executive Directors, the minimum number of members of the Audit Committee, and having the Nomination Committee chaired by an independent non-executive Director under Rules 3.10(1), 3.21 and 3.27A of the Listing Rules.お知らせ • Dec 28AV Concept Holdings Omits to Pay Dividend for Six Months Ended 30 September 2023AV Concept Holdings Limited's Board of Directors does not recommend the payment of an interim dividend for the six months ended 30 September 2023.Recent Insider Transactions • Nov 30Founder recently bought HK$154k worth of stockOn the 28th of November, Yuk Kwan So bought around 480k shares on-market at roughly HK$0.32 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 purchase worth HK$166k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$4.1m worth in shares.Reported Earnings • Nov 28First half 2024 earnings released: EPS: HK$0.035 (vs HK$0.042 in 1H 2023)First half 2024 results: EPS: HK$0.035 (down from HK$0.042 in 1H 2023). Revenue: HK$405.7m (up 5.1% from 1H 2023). Net income: HK$31.6m (down 18% from 1H 2023). Profit margin: 7.8% (down from 10.0% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Nov 14AV Concept Holdings Limited to Report First Half, 2024 Results on Nov 24, 2023AV Concept Holdings Limited announced that they will report first half, 2024 results on Nov 24, 2023お知らせ • Nov 04AV Concept Holdings Limited Announces Demise of Charles Edward Chapman, Independent Non-Executive Director, Chairman of the Nomination Committee and Member of the Audit Committee, Remuneration Committee and Corporate Governance Committee of the BoardThe board of directors of AV Concept Holdings Limited has been sadly informed that Mr. Charles Edward Chapman (Mr. Chapman), an independent non-executive director of the Company, the chairman of the nomination committee and a member of the audit committee, remuneration committee and corporate governance committee of the Board, passed away on 1 November 2023. Mr. Chapman has been an independent non-executive director of the Company since year 2000. Following the passing away of Mr. Chapman, the Company has two independent non-executive directors with the number of independent non-executive directors falling below the minimum number of three and does not meet the requirements under Rules 3.10, 3.21, 3.25 and 3.27A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. The Company will seek to appoint a new independent non-executive director and to fill the vacancy of the committees of the Board as soon as practicable and within three months as stipulated under Rules 3.11, 3.23 and 3.27 of the Listing Rules.分析記事 • Oct 26Calculating The Intrinsic Value Of AV Concept Holdings Limited (HKG:595)Key Insights AV Concept Holdings' estimated fair value is HK$0.27 based on Dividend Discount Model With HK$0.31 share...Recent Insider Transactions • Oct 21Founder recently bought HK$106k worth of stockOn the 19th of October, Yuk Kwan So bought around 300k shares on-market at roughly HK$0.35 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 purchase worth HK$166k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$5.5m worth in shares.Recent Insider Transactions • Sep 29Founder recently bought HK$65k worth of stockOn the 27th of September, Yuk Kwan So bought around 160k shares on-market at roughly HK$0.41 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 purchase worth HK$166k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$8.0m worth in shares.Recent Insider Transactions • Sep 07Founder recently bought HK$166k worth of stockOn the 4th of September, Yuk Kwan So bought around 400k shares on-market at roughly HK$0.41 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. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$7.9m worth in shares.お知らせ • Sep 05Av Concept Holdings Limited Approves Dividend for the Year Ended 31 March 2023Av Concept Holdings Limited approved to declare a final dividend of HKD 1.00 cent per share for the year ended 31 March 2023.Upcoming Dividend • Aug 30Upcoming dividend of HK$0.01 per share at 4.9% yieldEligible shareholders must have bought the stock before 06 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.0%).Reported Earnings • Jul 30Full year 2023 earnings released: EPS: HK$0.045 (vs HK$0.25 in FY 2022)Full year 2023 results: EPS: HK$0.045 (down from HK$0.25 in FY 2022). Revenue: HK$660.0m (down 37% from FY 2022). Net income: HK$40.7m (down 82% from FY 2022). Profit margin: 6.2% (down from 22% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Jul 28Av Concept Holdings Limited Proposes Final Dividend for the Year Ended 31 March 2023AV Concept Holdings Limited at its AGM to be held on September 4, 2023 proposes final dividend of HK1.00 cent per share for the year ended 31 March 2023.Recent Insider Transactions • Jul 27Founder recently bought HK$126k worth of stockOn the 25th of July, Yuk Kwan So bought around 300k shares on-market at roughly HK$0.42 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. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$7.5m worth in shares.New Risk • Jun 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (104% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (HK$399.8m market cap, or US$51.1m).お知らせ • Jun 24+ 1 more updateAV Concept Holdings Limited, Annual General Meeting, Sep 04, 2023AV Concept Holdings Limited, Annual General Meeting, Sep 04, 2023. Agenda: To consider final dividend.Reported Earnings • Jun 24Full year 2023 earnings released: EPS: HK$0.045 (vs HK$0.25 in FY 2022)Full year 2023 results: EPS: HK$0.045 (down from HK$0.25 in FY 2022). Revenue: HK$660.0m (down 37% from FY 2022). Net income: HK$40.7m (down 82% from FY 2022). Profit margin: 6.2% (down from 22% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Jun 15AV Concept Holdings Limited Provides Group Earnings Guidance for the Year Ended 31 March 2023AV Concept Holdings Limited provided group earnings guidance for the year ended 31 March 2023. For the year, the group is expected to record a decrease in consolidated profit attributable to owners of the Company by not less than 80% for the Year, as compared to that of approximately HKD 231.0 million for the year ended 31 March 2022. It is expected the aforesaid decline in consolidated profit attributable to owners of the Company was mainly attributable to, among others, a decrease in revenue due to decrease in demand of semiconductor components in the market; a decrease in gross profit as a result of decrease in revenue and due to the market fluctuation for semiconductor industry, there has been a decline in the gross profit margin; and a decrease in share of profits and losses of joint ventures and associates as compared to that for the year ended 31 March 2022 primarily resulting from poor performance of the joint venture during the Year.お知らせ • Jun 13AV Concept Holdings Limited to Report Fiscal Year 2023 Results on Jun 23, 2023AV Concept Holdings Limited announced that they will report fiscal year 2023 results on Jun 23, 2023Buying Opportunity • Jun 09Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 8.3%. The fair value is estimated to be HK$0.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has grown by 31%.Buying Opportunity • May 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.2%. The fair value is estimated to be HK$0.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has grown by 31%.Recent Insider Transactions • Apr 06Founder recently bought HK$132k worth of stockOn the 3rd of April, Yuk Kwan So bought around 280k shares on-market at roughly HK$0.47 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 purchase worth HK$345k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$7.3m worth in shares.Recent Insider Transactions • Feb 28Founder recently bought HK$166k worth of stockOn the 24th of February, Yuk Kwan So bought around 350k shares on-market at roughly HK$0.47 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 purchase worth HK$345k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$6.9m worth in shares.Recent Insider Transactions • Jan 29Founder recently bought HK$345k worth of stockOn the 26th of January, Yuk Kwan So bought around 702k shares on-market at roughly HK$0.49 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. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$6.3m worth in shares.Recent Insider Transactions • Jan 04Founder recently bought HK$73k worth of stockOn the 29th of December, Yuk Kwan So bought around 150k shares on-market at roughly HK$0.49 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 purchase worth HK$863k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$5.6m worth in shares.Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Edmund Lai was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Dec 30First half 2023 earnings released: EPS: HK$0.042 (vs HK$0.14 in 1H 2022)First half 2023 results: EPS: HK$0.042 (down from HK$0.14 in 1H 2022). Revenue: HK$386.2m (down 16% from 1H 2022). Net income: HK$38.6m (down 70% from 1H 2022). Profit margin: 10.0% (down from 28% in 1H 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Dec 08Founder recently bought HK$136k worth of stockOn the 6th of December, Yuk Kwan So bought around 290k shares on-market at roughly HK$0.47 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 purchase worth HK$863k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$4.5m worth in shares.Upcoming Dividend • Dec 06Upcoming dividend of HK$0.01 per shareEligible shareholders must have bought the stock before 13 December 2022. Payment date: 03 January 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Hong Kong dividend payers (8.6%). Higher than average of industry peers (5.4%).Reported Earnings • Dec 01First half 2023 earnings released: EPS: HK$0.042 (vs HK$0.14 in 1H 2022)First half 2023 results: EPS: HK$0.042 (down from HK$0.14 in 1H 2022). Revenue: HK$386.2m (down 16% from 1H 2022). Net income: HK$38.6m (down 70% from 1H 2022). Profit margin: 10.0% (down from 28% in 1H 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 01AV Concept Holdings Limited Announces Interim Dividend for the Six Months Ended 30 September 2022, Payable on 03 January 2023AV Concept Holdings Limited announced interim dividend of HKD 0.01 per share for the six months ended 30 September 2022, payable on 03 January 2023. Record date is 16 December 2022. Ex-dividend date is 13 December 2022.お知らせ • Nov 16AV Concept Holdings Limited to Report Q2, 2023 Results on Nov 30, 2022AV Concept Holdings Limited announced that they will report Q2, 2023 results on Nov 30, 2022お知らせ • Nov 12AV Concept Holdings Limited Provides Earnings Guidance for the Six Months Ending September 30, 2022AV Concept Holdings Limited provided earnings guidance for the six months ending September 30, 2022. For the period, the company expects to record a decrease in consolidated profit attributable to owners of the Company by around 65% to 75% for the Period, as compared to thatof approximately HKD 126.6 million for the six months ended 30 September 2021. It is expected the aforesaid decline in consolidated profit attributable to owners of the Company was mainly attributable to, among others, due to the market fluctuation for semiconductor industry,a gross loss was incurred for the Period, as compared to a gross profit for the six months ended 30 September 2021; an increase in fair value losses on financial assets at fair value through profit or loss as compared to that for the six months ended 30 September 2021; and a decrease in share of profits and losses of joint ventures and associates as compared to that for the six months ended 30 September 2021 primarily resulting from poor performance of the joint venture during the Period.Recent Insider Transactions • Nov 01Founder recently bought HK$296k worth of stockOn the 25th of October, Yuk Kwan So bought around 600k shares on-market at roughly HK$0.49 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 purchase worth HK$863k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$3.6m worth in shares.Recent Insider Transactions • Oct 25Founder recently bought HK$863k worth of stockOn the 21st of October, Yuk Kwan So bought around 2m shares on-market at roughly HK$0.50 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. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$2.7m worth in shares.Upcoming Dividend • Aug 30Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 06 September 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 8.6%. Within top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (5.7%).分析記事 • Aug 04AV Concept Holdings' (HKG:595) Soft Earnings Are Actually Better Than They AppearShareholders appeared unconcerned with AV Concept Holdings Limited's ( HKG:595 ) lackluster earnings report last week...Reported Earnings • Aug 02Full year 2022 earnings released: EPS: HK$0.25 (vs HK$0.30 in FY 2021)Full year 2022 results: EPS: HK$0.25 (down from HK$0.30 in FY 2021). Revenue: HK$1.04b (down 16% from FY 2021). Net income: HK$231.0m (down 14% from FY 2021). Profit margin: 22% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.分析記事 • Jul 29AV Concept Holdings' (HKG:595) Dividend Will Be Increased To HK$0.04AV Concept Holdings Limited ( HKG:595 ) has announced that it will be increasing its dividend from last year's...お知らせ • Jul 29AV Concept Holdings Limited Recommends Final Dividend for the Year Ended 31 March 2022, Payable on 26 September 2022The board of directors of AV Concept Holdings Limited has recommended the payment of a final dividend of HKD 0.04 (2021: HKD 0.03) per share for the year ended 31 March 2022. The proposed final dividend, if approved at the forthcoming annual general meeting to be held on 2 September 2022, will be payable on 26 September 2022 to shareholders whose names appear on the registrar of members of the Company on 9 September 2022. Based on 908,663,302 shares in issue as of the date of this report, the total dividend will amount to approximately HKD 36.3 million.分析記事 • Jul 14AV Concept Holdings (HKG:595) Is Increasing Its Dividend To HK$0.04AV Concept Holdings Limited ( HKG:595 ) has announced that it will be increasing its dividend from last year's...お知らせ • Jun 28+ 1 more updateAV Concept Holdings Limited Proposes Final Ordinary Dividend for the Year Ended March 31, 2022, Payable on September 26, 2022AV Concept Holdings Limited proposed final ordinary dividend of HKD 0.04 per share for the year ended March 31, 2022. Ex-dividend date is September 06, 2022. Record date is September 09, 2022. Payment date is September 26, 2022.Reported Earnings • Jun 27Full year 2022 earnings released: EPS: HK$0.25 (vs HK$0.30 in FY 2021)Full year 2022 results: EPS: HK$0.25 (down from HK$0.30 in FY 2021). Revenue: HK$1.04b (down 16% from FY 2021). Net income: HK$231.0m (down 14% from FY 2021). Profit margin: 22% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 14AV Concept Holdings Limited to Report Fiscal Year 2022 Results on Jun 24, 2022AV Concept Holdings Limited announced that they will report fiscal year 2022 results on Jun 24, 2022Reported Earnings • Jan 01First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: HK$0.14 (up from HK$0.11 in 1H 2021). Revenue: HK$458.4m (down 16% from 1H 2021). Net income: HK$126.6m (up 26% from 1H 2021). Profit margin: 28% (up from 19% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 06Upcoming dividend of HK$0.01 per shareEligible shareholders must have bought the stock before 13 December 2021. Payment date: 31 December 2021. Trailing yield: 7.0%. Lower than top quartile of Hong Kong dividend payers (7.1%). Higher than average of industry peers (3.0%).Reported Earnings • Nov 29First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: HK$0.14 (up from HK$0.11 in 1H 2021). Revenue: HK$458.4m (down 16% from 1H 2021). Net income: HK$126.6m (up 26% from 1H 2021). Profit margin: 28% (up from 19% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 24Upcoming dividend of HK$0.03 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 17 September 2021. Trailing yield: 5.3%. Lower than top quartile of Hong Kong dividend payers (6.7%). Higher than average of industry peers (4.0%).Reported Earnings • Aug 02Full year 2021 earnings released: EPS HK$0.30 (vs HK$0.10 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$1.24b (down 7.2% from FY 2020). Net income: HK$269.8m (up 189% from FY 2020). Profit margin: 22% (up from 7.0% in FY 2020). Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、AV Concept Holdings は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SEHK:595 - アナリストの将来予測と過去の財務データ ( )HKD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数9/30/20251,418606466N/A6/30/20251,304574142N/A3/31/20251,190541718N/A12/31/20241,199942829N/A9/30/20241,2081343940N/A6/30/20241,09612223N/A3/31/2024984109-35-34N/A12/31/202383271-56-55N/A9/30/202368034-77-75N/A6/30/202367037-48-42N/A3/31/202366041-18-9N/A12/31/2022815921322N/A9/30/20229701434453N/A6/30/20221,0061876165N/A3/31/20221,0422317878N/A12/31/20211,0992639999N/A9/30/20211,156296120120N/A6/30/20211,199283146146N/A3/31/20211,241270172172N/A12/31/20201,198206121122N/A9/30/20201,1551427171N/A6/30/20201,2461183941N/A3/31/20201,33793710N/A12/31/20191,392715962N/A9/30/20191,44649111114N/A6/30/20191,57253N/A35N/A3/31/20191,69957N/A-44N/A12/31/20181,747108N/A-13N/A9/30/20181,795159N/A18N/A6/30/20181,729161N/A94N/A3/31/20181,663163N/A169N/A12/31/20171,636192N/A59N/A9/30/20171,609222N/A-52N/A6/30/20171,476249N/A7N/A3/31/20171,342276N/A65N/A12/31/20161,171196N/A144N/A9/30/20161,000116N/A223N/A6/30/20161,01859N/A194N/A3/31/20161,0372N/A166N/A12/31/20151,250-38N/AN/AN/A9/30/20151,462-79N/A196N/A6/30/20151,710-64N/A193N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 595の予測収益成長が 貯蓄率 ( 3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 595の収益がHong Kong市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 595の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 595の収益がHong Kong市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 595の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 595の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance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2026/06/15 20:54終値2026/06/15 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AV Concept Holdings 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。1 アナリスト機関Kam Wai KwokCGS International
お知らせ • Jun 15AV Concept Holdings Limited Provides Group Earnings Guidance for the Year Ended 31 March 2023AV Concept Holdings Limited provided group earnings guidance for the year ended 31 March 2023. For the year, the group is expected to record a decrease in consolidated profit attributable to owners of the Company by not less than 80% for the Year, as compared to that of approximately HKD 231.0 million for the year ended 31 March 2022. It is expected the aforesaid decline in consolidated profit attributable to owners of the Company was mainly attributable to, among others, a decrease in revenue due to decrease in demand of semiconductor components in the market; a decrease in gross profit as a result of decrease in revenue and due to the market fluctuation for semiconductor industry, there has been a decline in the gross profit margin; and a decrease in share of profits and losses of joint ventures and associates as compared to that for the year ended 31 March 2022 primarily resulting from poor performance of the joint venture during the Year.
お知らせ • Nov 12AV Concept Holdings Limited Provides Earnings Guidance for the Six Months Ending September 30, 2022AV Concept Holdings Limited provided earnings guidance for the six months ending September 30, 2022. For the period, the company expects to record a decrease in consolidated profit attributable to owners of the Company by around 65% to 75% for the Period, as compared to thatof approximately HKD 126.6 million for the six months ended 30 September 2021. It is expected the aforesaid decline in consolidated profit attributable to owners of the Company was mainly attributable to, among others, due to the market fluctuation for semiconductor industry,a gross loss was incurred for the Period, as compared to a gross profit for the six months ended 30 September 2021; an increase in fair value losses on financial assets at fair value through profit or loss as compared to that for the six months ended 30 September 2021; and a decrease in share of profits and losses of joint ventures and associates as compared to that for the six months ended 30 September 2021 primarily resulting from poor performance of the joint venture during the Period.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to HK$1.17, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 18x in the Electronic industry in Hong Kong. Total returns to shareholders of 200% over the past three years.
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to HK$1.19, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 17x in the Electronic industry in Hong Kong. Total returns to shareholders of 201% over the past three years.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 24%After last week's 24% share price gain to HK$1.31, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 15x in the Electronic industry in Hong Kong. Total returns to shareholders of 217% over the past three years.
New Risk • Mar 18New 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 14% 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 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (4.2% net profit margin). Market cap is less than US$100m (HK$534.4m market cap, or US$68.2m).
分析記事 • Jan 06There May Be Reason For Hope In AV Concept Holdings' (HKG:595) Disappointing EarningsShareholders appeared unconcerned with AV Concept Holdings Limited's ( HKG:595 ) lackluster earnings report last week...
Reported Earnings • Jan 01First half 2026 earnings released: EPS: HK$0.069 (vs HK$0.062 in 1H 2025)First half 2026 results: EPS: HK$0.069 (up from HK$0.062 in 1H 2025). Revenue: HK$857.2m (up 36% from 1H 2025). Net income: HK$62.4m (up 11% from 1H 2025). Profit margin: 7.3% (down from 8.9% in 1H 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year.
Buy Or Sell Opportunity • Dec 09Now 21% overvaluedOver the last 90 days, the stock has fallen 1.3% to HK$0.40. The fair value is estimated to be HK$0.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has declined by 5.5%.
Reported Earnings • Nov 30First half 2026 earnings released: EPS: HK$0.069 (vs HK$0.062 in 1H 2025)First half 2026 results: EPS: HK$0.069 (up from HK$0.062 in 1H 2025). Revenue: HK$857.2m (up 36% from 1H 2025). Net income: HK$62.4m (up 11% from 1H 2025). Profit margin: 7.3% (down from 8.9% in 1H 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year.
お知らせ • Nov 29AV Concept Holdings Limited Recommends No Dividend for the Six Months Ended September 30, 2025AV Concept Holdings Limited's board of directors does not recommend the payment of any interim dividend for the six months ended 30 September 2025.
お知らせ • Nov 17AV Concept Holdings Limited to Report First Half, 2026 Results on Nov 28, 2025AV Concept Holdings Limited announced that they will report first half, 2026 results on Nov 28, 2025
お知らせ • Sep 05AV Concept Holdings Limited Declares Final Dividend for the Year Ended 31 March 2025AV Concept Holdings Limited at its AGM held on September 5, 2025, declared a final dividend of HK 1.00 cents per share for the year ended 31 March 2025.
Upcoming Dividend • Sep 02Upcoming dividend of HK$0.01 per shareEligible shareholders must have bought the stock before 09 September 2025. Payment date: 03 October 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 4.9%. Lower than top quartile of Hong Kong dividend payers (6.6%). Higher than average of industry peers (3.0%).
Reported Earnings • Aug 05Full year 2025 earnings released: EPS: HK$0.059 (vs HK$0.12 in FY 2024)Full year 2025 results: EPS: HK$0.059 (down from HK$0.12 in FY 2024). Revenue: HK$1.19b (up 21% from FY 2024). Net income: HK$53.7m (down 51% from FY 2024). Profit margin: 4.5% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jul 03Final dividend of HK$0.01 announcedShareholders will receive a dividend of HK$0.01. Ex-date: 9th September 2025 Payment date: 3rd October 2025 Dividend yield will be 5.2%, which is higher than the industry average of 4.2%. Sustainability & Growth The dividend has increased by an average of 2.3% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 62% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years.
お知らせ • Jul 03Av Concept Holdings Limited Announces Ordinary Final Dividend for the Year Ended 31 March 2025, Payable on 03 October 2025AV Concept Holdings Limited announced ordinary final dividend of HKD 0.01 per share for Year Ended 31 March 2025. Payable on 03 October 2025; Record date: 12 September 2025; Ex-dividend date: 09 September 2025. Date of shareholders' approval: 05 September 2025.
New Risk • Jul 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (HK$358.9m market cap, or US$45.7m).
Reported Earnings • Jul 01Full year 2025 earnings released: EPS: HK$0.059 (vs HK$0.12 in FY 2024)Full year 2025 results: EPS: HK$0.059 (down from HK$0.12 in FY 2024). Revenue: HK$1.19b (up 21% from FY 2024). Net income: HK$53.7m (down 51% from FY 2024). Profit margin: 4.5% (down from 11% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 01AV Concept Holdings Limited, Annual General Meeting, Sep 05, 2025AV Concept Holdings Limited, Annual General Meeting, Sep 05, 2025.
Buy Or Sell Opportunity • Jun 24Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to HK$0.39. The fair value is estimated to be HK$0.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 45%.
お知らせ • Jun 16AV Concept Holdings Limited to Report Fiscal Year 2025 Results on Jun 30, 2025AV Concept Holdings Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Jun 30, 2025
分析記事 • Apr 14AV Concept Holdings Limited's (HKG:595) Share Price Is Matching Sentiment Around Its EarningsWith a price-to-earnings (or "P/E") ratio of 2.9x AV Concept Holdings Limited ( HKG:595 ) may be sending very bullish...
Buy Or Sell Opportunity • Apr 07Now 29% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to HK$0.36. The fair value is estimated to be HK$0.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 45%.
Reported Earnings • Jan 03First half 2025 earnings released: EPS: HK$0.062 (vs HK$0.035 in 1H 2024)First half 2025 results: EPS: HK$0.062 (up from HK$0.035 in 1H 2024). Revenue: HK$629.3m (up 55% from 1H 2024). Net income: HK$56.3m (up 78% from 1H 2024). Profit margin: 8.9% (up from 7.8% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Dec 02Upcoming dividend of HK$0.01 per shareEligible shareholders must have bought the stock before 09 December 2024. Payment date: 30 December 2024. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of Hong Kong dividend payers (8.1%). Higher than average of industry peers (3.0%).
Reported Earnings • Nov 28First half 2025 earnings released: EPS: HK$0.062 (vs HK$0.035 in 1H 2024)First half 2025 results: EPS: HK$0.062 (up from HK$0.035 in 1H 2024). Revenue: HK$629.3m (up 55% from 1H 2024). Net income: HK$56.3m (up 78% from 1H 2024). Profit margin: 8.9% (up from 7.8% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 15AV Concept Holdings Limited to Report First Half, 2025 Results on Nov 26, 2024AV Concept Holdings Limited announced that they will report first half, 2025 results on Nov 26, 2024
分析記事 • Oct 04AV Concept Holdings Limited (HKG:595) Surges 38% Yet Its Low P/E Is No Reason For ExcitementAV Concept Holdings Limited ( HKG:595 ) shares have had a really impressive month, gaining 38% after a shaky period...
Buy Or Sell Opportunity • Oct 02Now 24% overvaluedOver the last 90 days, the stock has fallen 9.8% to HK$0.41. The fair value is estimated to be HK$0.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 59%.
Recent Insider Transactions • Sep 13Founder recently bought HK$66k worth of stockOn the 11th of September, Yuk Kwan So bought around 170k shares on-market at roughly HK$0.39 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 purchase worth HK$176k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$4.3m worth in shares.
Upcoming Dividend • Aug 27Upcoming dividend of HK$0.02 per shareEligible shareholders must have bought the stock before 03 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of Hong Kong dividend payers (8.3%). Higher than average of industry peers (3.3%).
分析記事 • Aug 23Shareholders May Be More Conservative With AV Concept Holdings Limited's (HKG:595) CEO Compensation For NowKey Insights AV Concept Holdings will host its Annual General Meeting on 30th of August CEO Yuk Kwan So's total...
Buy Or Sell Opportunity • Aug 22Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 9.0% to HK$0.42. The fair value is estimated to be HK$0.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 59%.
分析記事 • Aug 16AV Concept Holdings' (HKG:595) Upcoming Dividend Will Be Larger Than Last Year'sAV Concept Holdings Limited ( HKG:595 ) has announced that it will be increasing its dividend from last year's...
分析記事 • Aug 01Shareholders Can Be Confident That AV Concept Holdings' (HKG:595) Earnings Are High QualityThe subdued stock price reaction suggests that AV Concept Holdings Limited's ( HKG:595 ) strong earnings didn't offer...
Reported Earnings • Jul 30Full year 2024 earnings released: EPS: HK$0.12 (vs HK$0.045 in FY 2023)Full year 2024 results: EPS: HK$0.12 (up from HK$0.045 in FY 2023). Revenue: HK$984.3m (up 49% from FY 2023). Net income: HK$109.2m (up 168% from FY 2023). Profit margin: 11% (up from 6.2% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • Jul 27Founder recently bought HK$58k worth of stockOn the 25th of July, Yuk Kwan So bought around 130k shares on-market at roughly HK$0.44 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 purchase worth HK$176k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$4.7m worth in shares.
Recent Insider Transactions • Jul 16Founder recently bought HK$176k worth of stockOn the 12th of July, Yuk Kwan So bought around 382k shares on-market at roughly HK$0.46 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 purchase worth HK$385k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$4.8m worth in shares.
Declared Dividend • Jun 24Dividend of HK$0.02 announcedShareholders will receive a dividend of HK$0.02. Ex-date: 3rd September 2024 Payment date: 30th September 2024 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (17% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 21AV Concept Holdings Limited, Annual General Meeting, Aug 30, 2024AV Concept Holdings Limited, Annual General Meeting, Aug 30, 2024.
Reported Earnings • Jun 21Full year 2024 earnings released: EPS: HK$0.12 (vs HK$0.045 in FY 2023)Full year 2024 results: EPS: HK$0.12 (up from HK$0.045 in FY 2023). Revenue: HK$984.3m (up 49% from FY 2023). Net income: HK$109.2m (up 168% from FY 2023). Profit margin: 11% (up from 6.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
分析記事 • Jun 14AV Concept Holdings Limited's (HKG:595) Shares Climb 27% But Its Business Is Yet to Catch UpAV Concept Holdings Limited ( HKG:595 ) shares have had a really impressive month, gaining 27% after a shaky period...
New Risk • Jun 14New 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 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.0% net profit margin). Market cap is less than US$100m (HK$449.8m market cap, or US$57.6m).
Recent Insider Transactions • Apr 11Founder recently bought HK$205k worth of stockOn the 9th of April, Yuk Kwan So bought around 500k shares on-market at roughly HK$0.41 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 purchase worth HK$312k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$3.7m worth in shares.
Recent Insider Transactions • Mar 20Founder recently bought HK$84k worth of stockOn the 15th of March, Yuk Kwan So bought around 200k shares on-market at roughly HK$0.42 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 purchase worth HK$312k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$3.8m worth in shares.
Recent Insider Transactions • Mar 08Founder recently bought HK$241k worth of stockOn the 6th of March, Yuk Kwan So bought around 580k shares on-market at roughly HK$0.42 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 purchase worth HK$312k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$3.6m worth in shares.
New Risk • Jan 21New 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: 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 (5.0% net profit margin). Market cap is less than US$100m (HK$345.3m market cap, or US$44.2m).
分析記事 • Jan 05AV Concept Holdings' (HKG:595) Soft Earnings Are Actually Better Than They AppearAV Concept Holdings Limited's ( HKG:595 ) stock was strong despite it releasing a soft earnings report last week. We...
お知らせ • Jan 05AV Concept Holdings Limited Announces Board and Committee ChangesThe board of directors of AV Concept Holdings Limited announced that Ms. Au-Yeung Kit Ping (Ms. Au-Yeung) has been appointed as an independent non-executive Director, the chairman of the nomination committee (the "Nomination Committee"), and a member of each of the audit committee (the "Audit Committee"), the remuneration committee (the "Remuneration Committee") and the corporate governance committee (the "Corporate Governance Committee") of the Company with effect from 5 January 2024. Ms. Au-Yeung, aged 55, has 27 years of international business experience with multinational corporations. She joined Coats Plc ("Coats"), a UK public listed company and the world's leading industrial thread manufacturer serving the Apparel, Footwear and Speciality markets in 1994. During her 25 years tenure with Coats, Ms. Au-Yeung held various senior leadership positions as the Global Commercial Director, Regional Chief Executive North-East Asia, Managing Director Vietnam, Cambodia and Laos, Sales & Marketing Director across different regions and continents. She subsequently joined Amann Group, headquartered in Germany serving the apparel and automotive industries with worldwide operations as the Chief Commercial Officer, Global Apparel & Specialty from 2020 to 2021. Ms. Au-Yeung has over two decades of board experience as an executive and non-executive director for various organizations. She has been the founder and director of UTransform Life and Business Limited in Hong Kong since 2022, and appointed as an Independent Non-Executive Director of IOP Publishing Limited in 2023. Ms. Au-Yeung obtained a Bachelor's Degree in Business Administration with honours from the Chinese University of Hong Kong in 1991, and a Master's Degree in Business Administration in Murdoch University at Perth, Western Australia in 1994. She was accredited the Financial Times Level7 Advanced Professional Diploma, a formal post-graduate qualification for non-executive directors in 2022. Ms. Au-Yeung is also a certified Fellow of the Hong Kong Institute of Directors. Following the appointment of Ms. Au-Yeung as an independent non-executive Director, the chairman ofthe Nomination Committee and a member of each of the Audit Committee, the Remuneration Committee and the Corporate Governance Committee, the Company is in compliance with the requirements on the minimum number of independent non-executive Directors, the minimum number of members of the Audit Committee, and having the Nomination Committee chaired by an independent non-executive Director under Rules 3.10(1), 3.21 and 3.27A of the Listing Rules.
お知らせ • Dec 28AV Concept Holdings Omits to Pay Dividend for Six Months Ended 30 September 2023AV Concept Holdings Limited's Board of Directors does not recommend the payment of an interim dividend for the six months ended 30 September 2023.
Recent Insider Transactions • Nov 30Founder recently bought HK$154k worth of stockOn the 28th of November, Yuk Kwan So bought around 480k shares on-market at roughly HK$0.32 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 purchase worth HK$166k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$4.1m worth in shares.
Reported Earnings • Nov 28First half 2024 earnings released: EPS: HK$0.035 (vs HK$0.042 in 1H 2023)First half 2024 results: EPS: HK$0.035 (down from HK$0.042 in 1H 2023). Revenue: HK$405.7m (up 5.1% from 1H 2023). Net income: HK$31.6m (down 18% from 1H 2023). Profit margin: 7.8% (down from 10.0% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 14AV Concept Holdings Limited to Report First Half, 2024 Results on Nov 24, 2023AV Concept Holdings Limited announced that they will report first half, 2024 results on Nov 24, 2023
お知らせ • Nov 04AV Concept Holdings Limited Announces Demise of Charles Edward Chapman, Independent Non-Executive Director, Chairman of the Nomination Committee and Member of the Audit Committee, Remuneration Committee and Corporate Governance Committee of the BoardThe board of directors of AV Concept Holdings Limited has been sadly informed that Mr. Charles Edward Chapman (Mr. Chapman), an independent non-executive director of the Company, the chairman of the nomination committee and a member of the audit committee, remuneration committee and corporate governance committee of the Board, passed away on 1 November 2023. Mr. Chapman has been an independent non-executive director of the Company since year 2000. Following the passing away of Mr. Chapman, the Company has two independent non-executive directors with the number of independent non-executive directors falling below the minimum number of three and does not meet the requirements under Rules 3.10, 3.21, 3.25 and 3.27A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. The Company will seek to appoint a new independent non-executive director and to fill the vacancy of the committees of the Board as soon as practicable and within three months as stipulated under Rules 3.11, 3.23 and 3.27 of the Listing Rules.
分析記事 • Oct 26Calculating The Intrinsic Value Of AV Concept Holdings Limited (HKG:595)Key Insights AV Concept Holdings' estimated fair value is HK$0.27 based on Dividend Discount Model With HK$0.31 share...
Recent Insider Transactions • Oct 21Founder recently bought HK$106k worth of stockOn the 19th of October, Yuk Kwan So bought around 300k shares on-market at roughly HK$0.35 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 purchase worth HK$166k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$5.5m worth in shares.
Recent Insider Transactions • Sep 29Founder recently bought HK$65k worth of stockOn the 27th of September, Yuk Kwan So bought around 160k shares on-market at roughly HK$0.41 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 purchase worth HK$166k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$8.0m worth in shares.
Recent Insider Transactions • Sep 07Founder recently bought HK$166k worth of stockOn the 4th of September, Yuk Kwan So bought around 400k shares on-market at roughly HK$0.41 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. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$7.9m worth in shares.
お知らせ • Sep 05Av Concept Holdings Limited Approves Dividend for the Year Ended 31 March 2023Av Concept Holdings Limited approved to declare a final dividend of HKD 1.00 cent per share for the year ended 31 March 2023.
Upcoming Dividend • Aug 30Upcoming dividend of HK$0.01 per share at 4.9% yieldEligible shareholders must have bought the stock before 06 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.0%).
Reported Earnings • Jul 30Full year 2023 earnings released: EPS: HK$0.045 (vs HK$0.25 in FY 2022)Full year 2023 results: EPS: HK$0.045 (down from HK$0.25 in FY 2022). Revenue: HK$660.0m (down 37% from FY 2022). Net income: HK$40.7m (down 82% from FY 2022). Profit margin: 6.2% (down from 22% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Jul 28Av Concept Holdings Limited Proposes Final Dividend for the Year Ended 31 March 2023AV Concept Holdings Limited at its AGM to be held on September 4, 2023 proposes final dividend of HK1.00 cent per share for the year ended 31 March 2023.
Recent Insider Transactions • Jul 27Founder recently bought HK$126k worth of stockOn the 25th of July, Yuk Kwan So bought around 300k shares on-market at roughly HK$0.42 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. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$7.5m worth in shares.
New Risk • Jun 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (104% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (HK$399.8m market cap, or US$51.1m).
お知らせ • Jun 24+ 1 more updateAV Concept Holdings Limited, Annual General Meeting, Sep 04, 2023AV Concept Holdings Limited, Annual General Meeting, Sep 04, 2023. Agenda: To consider final dividend.
Reported Earnings • Jun 24Full year 2023 earnings released: EPS: HK$0.045 (vs HK$0.25 in FY 2022)Full year 2023 results: EPS: HK$0.045 (down from HK$0.25 in FY 2022). Revenue: HK$660.0m (down 37% from FY 2022). Net income: HK$40.7m (down 82% from FY 2022). Profit margin: 6.2% (down from 22% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Jun 15AV Concept Holdings Limited Provides Group Earnings Guidance for the Year Ended 31 March 2023AV Concept Holdings Limited provided group earnings guidance for the year ended 31 March 2023. For the year, the group is expected to record a decrease in consolidated profit attributable to owners of the Company by not less than 80% for the Year, as compared to that of approximately HKD 231.0 million for the year ended 31 March 2022. It is expected the aforesaid decline in consolidated profit attributable to owners of the Company was mainly attributable to, among others, a decrease in revenue due to decrease in demand of semiconductor components in the market; a decrease in gross profit as a result of decrease in revenue and due to the market fluctuation for semiconductor industry, there has been a decline in the gross profit margin; and a decrease in share of profits and losses of joint ventures and associates as compared to that for the year ended 31 March 2022 primarily resulting from poor performance of the joint venture during the Year.
お知らせ • Jun 13AV Concept Holdings Limited to Report Fiscal Year 2023 Results on Jun 23, 2023AV Concept Holdings Limited announced that they will report fiscal year 2023 results on Jun 23, 2023
Buying Opportunity • Jun 09Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 8.3%. The fair value is estimated to be HK$0.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has grown by 31%.
Buying Opportunity • May 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.2%. The fair value is estimated to be HK$0.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has grown by 31%.
Recent Insider Transactions • Apr 06Founder recently bought HK$132k worth of stockOn the 3rd of April, Yuk Kwan So bought around 280k shares on-market at roughly HK$0.47 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 purchase worth HK$345k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$7.3m worth in shares.
Recent Insider Transactions • Feb 28Founder recently bought HK$166k worth of stockOn the 24th of February, Yuk Kwan So bought around 350k shares on-market at roughly HK$0.47 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 purchase worth HK$345k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$6.9m worth in shares.
Recent Insider Transactions • Jan 29Founder recently bought HK$345k worth of stockOn the 26th of January, Yuk Kwan So bought around 702k shares on-market at roughly HK$0.49 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. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$6.3m worth in shares.
Recent Insider Transactions • Jan 04Founder recently bought HK$73k worth of stockOn the 29th of December, Yuk Kwan So bought around 150k shares on-market at roughly HK$0.49 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 purchase worth HK$863k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$5.6m worth in shares.
Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Edmund Lai was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Dec 30First half 2023 earnings released: EPS: HK$0.042 (vs HK$0.14 in 1H 2022)First half 2023 results: EPS: HK$0.042 (down from HK$0.14 in 1H 2022). Revenue: HK$386.2m (down 16% from 1H 2022). Net income: HK$38.6m (down 70% from 1H 2022). Profit margin: 10.0% (down from 28% in 1H 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Dec 08Founder recently bought HK$136k worth of stockOn the 6th of December, Yuk Kwan So bought around 290k shares on-market at roughly HK$0.47 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 purchase worth HK$863k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$4.5m worth in shares.
Upcoming Dividend • Dec 06Upcoming dividend of HK$0.01 per shareEligible shareholders must have bought the stock before 13 December 2022. Payment date: 03 January 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Hong Kong dividend payers (8.6%). Higher than average of industry peers (5.4%).
Reported Earnings • Dec 01First half 2023 earnings released: EPS: HK$0.042 (vs HK$0.14 in 1H 2022)First half 2023 results: EPS: HK$0.042 (down from HK$0.14 in 1H 2022). Revenue: HK$386.2m (down 16% from 1H 2022). Net income: HK$38.6m (down 70% from 1H 2022). Profit margin: 10.0% (down from 28% in 1H 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 01AV Concept Holdings Limited Announces Interim Dividend for the Six Months Ended 30 September 2022, Payable on 03 January 2023AV Concept Holdings Limited announced interim dividend of HKD 0.01 per share for the six months ended 30 September 2022, payable on 03 January 2023. Record date is 16 December 2022. Ex-dividend date is 13 December 2022.
お知らせ • Nov 16AV Concept Holdings Limited to Report Q2, 2023 Results on Nov 30, 2022AV Concept Holdings Limited announced that they will report Q2, 2023 results on Nov 30, 2022
お知らせ • Nov 12AV Concept Holdings Limited Provides Earnings Guidance for the Six Months Ending September 30, 2022AV Concept Holdings Limited provided earnings guidance for the six months ending September 30, 2022. For the period, the company expects to record a decrease in consolidated profit attributable to owners of the Company by around 65% to 75% for the Period, as compared to thatof approximately HKD 126.6 million for the six months ended 30 September 2021. It is expected the aforesaid decline in consolidated profit attributable to owners of the Company was mainly attributable to, among others, due to the market fluctuation for semiconductor industry,a gross loss was incurred for the Period, as compared to a gross profit for the six months ended 30 September 2021; an increase in fair value losses on financial assets at fair value through profit or loss as compared to that for the six months ended 30 September 2021; and a decrease in share of profits and losses of joint ventures and associates as compared to that for the six months ended 30 September 2021 primarily resulting from poor performance of the joint venture during the Period.
Recent Insider Transactions • Nov 01Founder recently bought HK$296k worth of stockOn the 25th of October, Yuk Kwan So bought around 600k shares on-market at roughly HK$0.49 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 purchase worth HK$863k. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$3.6m worth in shares.
Recent Insider Transactions • Oct 25Founder recently bought HK$863k worth of stockOn the 21st of October, Yuk Kwan So bought around 2m shares on-market at roughly HK$0.50 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. Yuk Kwan has been a buyer over the last 12 months, purchasing a net total of HK$2.7m worth in shares.
Upcoming Dividend • Aug 30Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 06 September 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 8.6%. Within top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (5.7%).
分析記事 • Aug 04AV Concept Holdings' (HKG:595) Soft Earnings Are Actually Better Than They AppearShareholders appeared unconcerned with AV Concept Holdings Limited's ( HKG:595 ) lackluster earnings report last week...
Reported Earnings • Aug 02Full year 2022 earnings released: EPS: HK$0.25 (vs HK$0.30 in FY 2021)Full year 2022 results: EPS: HK$0.25 (down from HK$0.30 in FY 2021). Revenue: HK$1.04b (down 16% from FY 2021). Net income: HK$231.0m (down 14% from FY 2021). Profit margin: 22% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
分析記事 • Jul 29AV Concept Holdings' (HKG:595) Dividend Will Be Increased To HK$0.04AV Concept Holdings Limited ( HKG:595 ) has announced that it will be increasing its dividend from last year's...
お知らせ • Jul 29AV Concept Holdings Limited Recommends Final Dividend for the Year Ended 31 March 2022, Payable on 26 September 2022The board of directors of AV Concept Holdings Limited has recommended the payment of a final dividend of HKD 0.04 (2021: HKD 0.03) per share for the year ended 31 March 2022. The proposed final dividend, if approved at the forthcoming annual general meeting to be held on 2 September 2022, will be payable on 26 September 2022 to shareholders whose names appear on the registrar of members of the Company on 9 September 2022. Based on 908,663,302 shares in issue as of the date of this report, the total dividend will amount to approximately HKD 36.3 million.
分析記事 • Jul 14AV Concept Holdings (HKG:595) Is Increasing Its Dividend To HK$0.04AV Concept Holdings Limited ( HKG:595 ) has announced that it will be increasing its dividend from last year's...
お知らせ • Jun 28+ 1 more updateAV Concept Holdings Limited Proposes Final Ordinary Dividend for the Year Ended March 31, 2022, Payable on September 26, 2022AV Concept Holdings Limited proposed final ordinary dividend of HKD 0.04 per share for the year ended March 31, 2022. Ex-dividend date is September 06, 2022. Record date is September 09, 2022. Payment date is September 26, 2022.
Reported Earnings • Jun 27Full year 2022 earnings released: EPS: HK$0.25 (vs HK$0.30 in FY 2021)Full year 2022 results: EPS: HK$0.25 (down from HK$0.30 in FY 2021). Revenue: HK$1.04b (down 16% from FY 2021). Net income: HK$231.0m (down 14% from FY 2021). Profit margin: 22% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 14AV Concept Holdings Limited to Report Fiscal Year 2022 Results on Jun 24, 2022AV Concept Holdings Limited announced that they will report fiscal year 2022 results on Jun 24, 2022
Reported Earnings • Jan 01First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: HK$0.14 (up from HK$0.11 in 1H 2021). Revenue: HK$458.4m (down 16% from 1H 2021). Net income: HK$126.6m (up 26% from 1H 2021). Profit margin: 28% (up from 19% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 06Upcoming dividend of HK$0.01 per shareEligible shareholders must have bought the stock before 13 December 2021. Payment date: 31 December 2021. Trailing yield: 7.0%. Lower than top quartile of Hong Kong dividend payers (7.1%). Higher than average of industry peers (3.0%).
Reported Earnings • Nov 29First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: HK$0.14 (up from HK$0.11 in 1H 2021). Revenue: HK$458.4m (down 16% from 1H 2021). Net income: HK$126.6m (up 26% from 1H 2021). Profit margin: 28% (up from 19% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 24Upcoming dividend of HK$0.03 per shareEligible shareholders must have bought the stock before 31 August 2021. Payment date: 17 September 2021. Trailing yield: 5.3%. Lower than top quartile of Hong Kong dividend payers (6.7%). Higher than average of industry peers (4.0%).
Reported Earnings • Aug 02Full year 2021 earnings released: EPS HK$0.30 (vs HK$0.10 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$1.24b (down 7.2% from FY 2020). Net income: HK$269.8m (up 189% from FY 2020). Profit margin: 22% (up from 7.0% in FY 2020). Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year.