공지 • Mar 19
PAX Global Technology Limited, Annual General Meeting, May 20, 2026 PAX Global Technology Limited, Annual General Meeting, May 20, 2026. 공지 • Mar 09
PAX Global Technology Limited to Report Fiscal Year 2025 Results on Mar 19, 2026 PAX Global Technology Limited announced that they will report fiscal year 2025 results on Mar 19, 2026 Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non-Executive Director Wilson Fok was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공지 • Dec 20
PAX Global Technology Limited Announces Committee Changes, Effective 19 December 2025 To strengthen the Company's risk management and internal control systems and strategic oversight, amongst others, the board of directors of PAX Global Technology Limited announced the establishment of the risk management committee and strategy committee of the Company. ESTABLISHMENT OF RISK MANAGEMENT COMMITTEE: The Board has established the Risk Management Committee for the purposes of, among others, providing oversight of the Group's risk management system and internal controls, assessing the Group's crisis management capabilities and reporting its findings to assist the Board's decision making with effect from 19 December 2025. Mr. Li Heguo ("Mr. Li HG"), an executive Director, has been appointed as a member and the chairman of the Risk Management Committee, and Mr. Luo Shaowen ("Mr. Luo"), an executive Director and the chief executive officer of the Company, Mr. Li Wenjin ("Mr. Li") and Mr. Zhang Hui ("Mr. Zhang"), executive Directors, and Mr. Cheung Shi Yeung, the Chief Financial Officer and Company Secretary of the Company, have been appointed as members of the Risk Management Committee. ESTABLISHMENT OF STRATEGY COMMITTEE: The Board has established the Strategy Committee for the purpose of, among others, supervising, monitoring the implementation of the Group's overall development strategies and making recommendations on the medium-to-long-term development strategies of the Group with effect from 19 December 2025. Mr. Xu Changjun ("Mr. Xu"), the chairman of the Company and an executive Director, has been appointed as a member and the chairman of the Strategy Committee, and Mr. Luo, Mr. Li, Mr. Li HG and Mr. Zhang have been appointed as members of the Strategy Committee. CHANGE OF COMPOSITION OF THE NOMINATION COMMITTEE: With effect from 19 December 2025, Mr. Xu has been appointed as a member of the nomination committee of the Company (the "Nomination Committee") and Mr. Li has ceased to be a member of the Nomination Committee. Following the aforesaid, the Nomination Committee comprises two independent non-executive Directors, namely Dr. Wu Min (Chairperson of the Nomination Committee) and Mr. Yip Wai Ming, and one executive Director, namely Mr. Xu. 공지 • May 21
PAX Global Technology Limited Approves Final Dividend for the Year Ended 31 December 2024 PAX Global Technology Limited announced that at the annual general meeting held on 21 May 2025 approved a final dividend of HKD 0.25 per ordinary share for the year ended 31 December 2024. 공지 • Mar 20
PAX Global Technology Limited, Annual General Meeting, May 21, 2025 PAX Global Technology Limited, Annual General Meeting, May 21, 2025. 공지 • Mar 10
PAX Global Technology Limited to Report Fiscal Year 2024 Results on Mar 20, 2025 PAX Global Technology Limited announced that they will report fiscal year 2024 results at 4:00 PM, China Standard Time on Mar 20, 2025 공지 • Jan 02
Pax Global Technology Limited Provides Unaudited Consolidated Earnings Guidance for the Financial Year Ending 31 December 2024 PAX Global Technology Limited provided unaudited consolidated earnings guidance for the financial year ending 31 December 2024. For the period, the company expects to record a decrease of approximately 30% to 40% in net profit for the financial year ending 31 December 2024 (the "Reporting Period") as compared to a net profit of approximately HKD 1,165 million for the financial year ended 31 December 2023. The Board considers that the expected decrease in net profit for the Reporting Period is mainly attributable to the following factors: (i) decreased revenue in the Latin America and the Commonwealth of Independent States (LACIS) region and the United States of America and Canada (USCA) region during the Reporting Period, stemming from the global economic uncertainty, as observed in the first half of the Reporting Period and persisting throughout year 2024, which has continued to negatively impact the market demand; (ii) incurrence of a one-off share-based payment expenses of approximately HKD 32 million in relation to the share options of the Company, for which the exercise period was extended on 21 August 2024; and (iii) absence in the Reporting Period of a one-off additional research and development tax incentive of approximately HKD 73 million recognised in year 2023. Reported Earnings • Aug 23
First half 2024 earnings released: EPS: HK$0.42 (vs HK$0.60 in 1H 2023) First half 2024 results: EPS: HK$0.42 (down from HK$0.60 in 1H 2023). Revenue: HK$3.01b (down 16% from 1H 2023). Net income: HK$454.6m (down 30% from 1H 2023). Profit margin: 15% (down from 18% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Declared Dividend • Aug 22
First half dividend of HK$0.24 announced Shareholders will receive a dividend of HK$0.24. Ex-date: 6th September 2024 Payment date: 26th September 2024 Dividend yield will be 59%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but not covered by cash flows (176% cash payout ratio). The dividend has increased by an average of 31% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공지 • Aug 20
Pax Global Technology Limited Declares Interim Dividend for the Six Months Ended 30 June 2024, Payable on 26 September 2024 PAX Global Technology Limited declared Interim Dividend for the Six Months Ended 30 June 2023 of HKD 0.24 per share, payable on 26 September 2024. Ex-dividend date 06 September 2024, Record date: 12 September 2024. 공지 • Aug 09
PAX Global Technology Limited to Report First Half, 2024 Results on Aug 20, 2024 PAX Global Technology Limited announced that they will report first half, 2024 results on Aug 20, 2024 New Risk • May 28
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 7.4% 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 High level of non-cash earnings (21% accrual ratio). Minor Risks Dividend is not well covered by cash flows (178% cash payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change). Upcoming Dividend • May 27
Upcoming dividend of HK$0.23 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 27 June 2024. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 7.3%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.8%). 공지 • May 23
PAX Global Technology Limited Approves Final Dividend for the Year Ended 31 December 2023 PAX Global Technology Limited announced that at the annual general meeting held on 22 May 2024 approved a final dividend of HKD 0.23 per ordinary share for the year ended 31 December 2023. Reported Earnings • Apr 19
Full year 2023 earnings released: EPS: HK$1.08 (vs HK$1.17 in FY 2022) Full year 2023 results: EPS: HK$1.08 (down from HK$1.17 in FY 2022). Revenue: HK$6.71b (down 17% from FY 2022). Net income: HK$1.16b (down 8.7% from FY 2022). Profit margin: 17% (up from 16% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. 공지 • Mar 21
PAX Global Technology Limited Proposes Final Dividend for the Year Ended December 31, 2023, Payable on 27 June 2024 PAX Global Technology Limited proposed final dividend of HKD 0.23 per share for the year ended December 31, 2023. Date of shareholders' approval is 22 May 2024, Ex-dividend date is 03 June 2024, Record date is 07 June 2024 and Payment date is 27 June 2024. 공지 • Mar 20
PAX Global Technology Limited, Annual General Meeting, May 22, 2024 PAX Global Technology Limited, Annual General Meeting, May 22, 2024. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: HK$1.08 (vs HK$1.17 in FY 2022) Full year 2023 results: EPS: HK$1.08 (down from HK$1.17 in FY 2022). Revenue: HK$6.71b (down 17% from FY 2022). Net income: HK$1.16b (down 8.7% from FY 2022). Profit margin: 17% (up from 16% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. 공지 • Mar 14
PAX Global Technology Limited Appoints Cheung Shi Yeung as Executive Director The board of directors of PAX Global Technology Limited announced that Mr. Cheung Shi Yeung has been appointed as an executive director of the Company with effect from 14 March 2024. Mr. Cheung, aged 40, is the Chief Financial Officer and one of the joint company secretaries of the Company, and a company secretary in a number of subsidiaries of the Company. He is responsible for overseeing the business development, finance, compliance, merger and acquisition, and investor relations of the Group. He was appointed as the Chief Financial Officer of the Company in October 2016 and the joint company secretary of the Company in January 2018. Mr. Cheung graduated from The Chinese University of Hong Kong with a bachelor 's degree in Business Administration in 2006 and obtained a master 's degree in Business Administration jointly from Columbia University, London Business School and The University of Hong Kong in 2021. Mr. Cheung has over 15 years of financial and accounting related experience. He is a member of the Hong Kong Institute of Certified Public Accountants and an associate of The Chartered Institute of Management Accountants. Prior to joining the Group, Mr. Cheung worked for an international public accountancy firm and was involved in a number of audit and assurance, capital market transaction and advisory projects advising corporate clients including listed companies and conglomerates worldwide. 공지 • Mar 08
PAX Global Technology Limited to Report Fiscal Year 2023 Final Results on Mar 19, 2024 PAX Global Technology Limited announced that they will report fiscal year 2023 final results on Mar 19, 2024 Upcoming Dividend • Aug 25
Upcoming dividend of HK$0.21 per share at 7.2% yield Eligible shareholders must have bought the stock before 01 September 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.4%). Reported Earnings • Aug 20
First half 2023 earnings released: EPS: HK$0.60 (vs HK$0.65 in 1H 2022) First half 2023 results: EPS: HK$0.60 (down from HK$0.65 in 1H 2022). Revenue: HK$3.57b (down 15% from 1H 2022). Net income: HK$650.6m (down 7.0% from 1H 2022). Profit margin: 18% (up from 17% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. 공지 • Aug 18
Pax Global Technology Limited Declares Interim Dividend for the Six Months Ended 30 June 2023, Payable on 21 September 2023 PAX Global Technology Limited declared Interim Dividend for the Six Months Ended 30 June 2023 of HKD 0.21 per share, payable on 21 September 2023. Ex-dividend date 01 September 2023, Record date: 07 September 2023. 공지 • Aug 08
PAX Global Technology Limited to Report First Half, 2023 Results on Aug 17, 2023 PAX Global Technology Limited announced that they will report first half, 2023 results on Aug 17, 2023 Upcoming Dividend • May 26
Upcoming dividend of HK$0.19 per share at 6.1% yield Eligible shareholders must have bought the stock before 02 June 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.4%). Reported Earnings • Mar 23
Full year 2022 earnings released: EPS: HK$1.17 (vs HK$0.99 in FY 2021) Full year 2022 results: EPS: HK$1.17 (up from HK$0.99 in FY 2021). Revenue: HK$8.06b (up 12% from FY 2021). Net income: HK$1.26b (up 17% from FY 2021). Profit margin: 16% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. CEO & Executive Director Jack Lu was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 19
Upcoming dividend of HK$0.17 per share Eligible shareholders must have bought the stock before 26 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.1%). Reported Earnings • Aug 13
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down HK$515.0m from profit in 1H 2021). Profit margin: (down from 16% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 14%, compared to a 18% growth forecast for the industry in Germany. 공지 • Aug 12
PAX Global Technology Limited Announces Interim Dividend for the Six Months Ended June 30, 2022, Payment on September 16, 2022 PAX Global Technology Limited announced interim dividend for the six months ended June 30, 2022. Dividend declared is HKD 0.17 per share. Ex-dividend date 26 August 2022, Record date 01 September 2022, Payment date 16 September 2022. 공지 • Aug 03
PAX Global Technology Limited to Report Q2, 2022 Results on Aug 11, 2022 PAX Global Technology Limited announced that they will report Q2, 2022 results on Aug 11, 2022 Upcoming Dividend • May 20
Upcoming dividend of HK$0.15 per share Eligible shareholders must have bought the stock before 27 May 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.1%). 공지 • May 13
PAX Global Technology Limited Approves Final Dividend for the Year Ended 31 December 2022 PAX Global Technology Limited at its annual general meeting held on May 12, 2022 approved final dividend of HKD 0.15 per ordinary share for the year ended 31 December 2021. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. CEO & Executive Director Jack Lu was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 19
Upcoming dividend of HK$0.12 per share Eligible shareholders must have bought the stock before 26 August 2021. Payment date: 16 September 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (0.7%). Reported Earnings • Aug 14
First half 2021 earnings released: EPS HK$0.47 (vs HK$0.35 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: HK$3.32b (up 31% from 1H 2020). Net income: HK$515.0m (up 34% from 1H 2020). Profit margin: 16% (in line with 1H 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. 공지 • Jun 18
PAX Global Technology Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ending 30 June 2021 PAX Global Technology Limited provided unaudited consolidated earnings guidance for the six months ending 30 June 2021. For the six months, the Group is expected to record an increase of not less than 30% in net profit for the six months ending 30 June 2021 as compared to HKD 386 million for the six months ended 30 June 2020. Upcoming Dividend • May 24
Upcoming dividend of HK$0.10 per share Eligible shareholders must have bought the stock before 31 May 2021. Payment date: 22 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%). 공지 • May 19
PAX Global Technology Limited Approves Final Dividend for the Year Ended 31 December 2020 PAX Global Technology Limited at its annual general meeting held on 18 May 2021, approved a final dividend of HKD 0.10 per ordinary share for the year ended 31 December 2020. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improved over the past week After last week's 19% share price gain to HK$1.01, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 22x in the Electronic industry in Germany. Total returns to shareholders of 243% over the past three years. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS HK$0.83 (vs HK$0.57 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$5.65b (up 15% from FY 2019). Net income: HK$900.1m (up 44% from FY 2019). Profit margin: 16% (up from 13% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS HK$0.83 (vs HK$0.57 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$5.65b (up 15% from FY 2019). Net income: HK$900.1m (up 44% from FY 2019). Profit margin: 16% (up from 13% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. 공지 • Mar 18
PAX Global Technology Limited to Report Fiscal Year 2020 Results on Mar 29, 2021 PAX Global Technology Limited announced that they will report fiscal year 2020 results on Mar 29, 2021 Is New 90 Day High Low • Feb 11
New 90-day high: €0.93 The company is up 72% from its price of €0.54 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.75 per share. Is New 90 Day High Low • Dec 31
New 90-day high: €0.80 The company is up 60% from its price of €0.50 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.93 per share. Upcoming Dividend • Dec 28
Upcoming Dividend of HK$0.10 Per Share Will be paid on the 22nd of January to those who are registered shareholders by the 4th of January. The trailing yield of 2.2% is below the top quartile of German dividend payers (3.5%), but it is higher than industry peers (0.6%). Is New 90 Day High Low • Dec 02
New 90-day high: €0.69 The company is up 54% from its price of €0.45 on 03 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.83 per share. 공지 • Aug 04
PAX Global Technology Limited to Report First Half, 2020 Results on Aug 13, 2020 PAX Global Technology Limited announced that they will report first half, 2020 results on Aug 13, 2020