New Risk • Jul 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% 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 11% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). 공고 • Jun 04
Deep Source Holdings Limited, Annual General Meeting, Jun 30, 2026 Deep Source Holdings Limited, Annual General Meeting, Jun 30, 2026, at 11:00 China Standard Time. Location: 15/f, west tower, shun tak centre, 168-200 connaught road, central, sheung wan, Hong Kong Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Wei Wu was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. 공고 • Apr 27
Deep Source Holdings Limited (SEHK:990) agreed to acquire Tortuga De Oro S.A. from Tibet Summit Resources HongKong Limited for $70 million. Deep Source Holdings Limited (SEHK:990) agreed to acquire Tortuga De Oro S.A. from Tibet Summit Resources HongKong Limited for $70 million on April 25, 2026.
As of March 31, 2026, Tortuga De Oro S.A. reported total assets of $25.46 million and total common equity of $15.01 million.
The transaction is subject to approval of offer by acquirer board. 공고 • Mar 06
Deep Source Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Deep Source Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 공고 • Aug 15
Deep Source Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 Deep Source Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 공고 • Jun 03
Theme International Holdings Limited, Annual General Meeting, Jun 30, 2025 Theme International Holdings Limited, Annual General Meeting, Jun 30, 2025, at 11:00 China Standard Time. Location: unit 3401-03, 34/f, china merchants tower, shun tak centre, 168-200 connaught road central, sheung wan, Hong Kong 공고 • Mar 10
Theme International Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Theme International Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 공고 • Jan 02
Theme International Holdings Limited Announces Resignation of Wang Zhenhui as Non-Executive Director The board (the "Board") of directors (the "Directors") of Theme International Holdings Limited (the "Company") announces that Mr. Wang Zhenhui ("Mr. Wang") has tendered his resignation as a non-executive Director of the Company, with effect from 31 December 2024 due to his other work arrangements. Mr. Wang has confirmed that he has no disagreement with the members of the Board and that there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company. New Risk • Sep 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% 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 Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Buy Or Sell Opportunity • Sep 11
Now 20% overvalued Over the last 90 days, the stock has fallen 33% to €0.04. The fair value is estimated to be €0.033, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years, while earnings per share has been flat. Reported Earnings • Sep 02
First half 2024 earnings released: EPS: HK$0.022 (vs HK$0.062 in 1H 2023) First half 2024 results: EPS: HK$0.022 (down from HK$0.062 in 1H 2023). Revenue: HK$26.6b (up 14% from 1H 2023). Net income: HK$294.4m (down 65% from 1H 2023). Profit margin: 1.1% (down from 3.5% in 1H 2023). The decrease in margin was driven by higher expenses. New Risk • Sep 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.1% Last year net profit margin: 3.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Buy Or Sell Opportunity • Aug 23
Now 23% overvalued Over the last 90 days, the stock has fallen 40% to €0.041. The fair value is estimated to be €0.033, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 18%. 공고 • Aug 16
Theme International Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 Theme International Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 공고 • Jun 06
Theme International Holdings Limited, Annual General Meeting, Jun 28, 2024 Theme International Holdings Limited, Annual General Meeting, Jun 28, 2024, at 11:00 China Standard Time. Location: unit 3401-03, 34/f, china merchants tower, shun tak centre, 168-200 connaught road central, sheung wan, Hong Kong Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: HK$0.089 (vs HK$0.09 in FY 2022) Full year 2023 results: EPS: HK$0.089 (down from HK$0.09 in FY 2022). Revenue: HK$55.4b (up 42% from FY 2022). Net income: HK$1.20b (flat on FY 2022). Profit margin: 2.2% (down from 3.1% in FY 2022). The decrease in margin was driven by higher expenses. 공고 • Mar 28
Theme International Holdings Limited Announces Interim Dividend for the December 31, 2023, Payable on May 17, 2024 Theme International Holdings Limited announced interim dividend of HKD 0.02 per share for the December 31, 2023. Ex-dividend date is April 30, 2024. Record date is May 07, 2024 and Payment date is May 17, 2024. 공고 • Mar 16
Theme International Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Theme International Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Sep 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% 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 Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. 공고 • Aug 19
Theme International Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023 Theme International Holdings Limited announced that they will report first half, 2023 results on Aug 31, 2023 공고 • Jun 03
Theme International Holdings Limited, Annual General Meeting, Jun 30, 2023 Theme International Holdings Limited, Annual General Meeting, Jun 30, 2023, at 11:00 China Standard Time. Location: Unit 340103, 34/F, China Merchants Tower Shun Tak Centre, 168200 Connaught Road Central Sheung Wan Hong Kong Agenda: To receive, consider and adopt the audited financial statements and the reports of the directors and of the auditors of the Company for the year ended 31 December 2022; to re-elect the retiring directors of the Company and authorise the board of directors to fix their remuneration; to re-appoint ZHONGHUI ANDA CPA Limited as auditors of the Company and authorise the board to fix auditors' remuneration; to consider amendments to the existing bye-laws of the Company; and to consider other matters. Board Change • May 05
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Lai Ping Chan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
