공시 • Feb 12
CTF Services Limited to Report First Half, 2025 Results on Feb 26, 2025 CTF Services Limited announced that they will report first half, 2025 results on Feb 26, 2025 공시 • Nov 22
NWS Holdings Limited Approves the Final Dividend for the Financial Year Ended 30 June 2024 NWS Holdings Limited at its annual general meeting Held on 22 November 2024, approved the final dividend of HKD 0.35 per share for the financial year ended 30 June 2024. Reported Earnings • Sep 26
Full year 2024 earnings released: EPS: HK$0.56 (vs HK$0.55 in FY 2023) Full year 2024 results: EPS: HK$0.56 (up from HK$0.55 in FY 2023). Revenue: HK$26.4b (down 42% from FY 2023). Net income: HK$2.54b (up 18% from FY 2023). Profit margin: 9.6% (up from 4.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Industrials industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. 공시 • Sep 17
JOST Werke SE (XTRA:JST) signs exclusivity agreement to acquire Hyva Global B.V. from NWS Holdings Limited (SEHK:659) and Unitas Capital Pte. Ltd. JOST Werke SE (XTRA:JST) signs exclusivity agreement to acquire Hyva Global B.V. from NWS Holdings Limited (SEHK:659) and Unitas Capital Pte. Ltd. on September 16, 2024. The transaction will be financed through a combination of cash, drawdowns from currently undrawn credit facilities as well as via debt acquisition financing. No equity capital increase is contemplated nor necessary in order to finance the transaction. JOST Werke is targeting to sign a definitive agreement in Q4 2024.
In the last twelve months, ended June 30, 2024, Hyva generated sales of about €624 million, a gross profit margin of 23.4% and an adj. EBIT of €41 million. JOST has identified a synergy potential of more than €20 million p.a. and expects the acquisition to be value accretive. Through a combination of both businesses as well as the realization of the identified synergies, Hyva’s profitability is expected to match JOST’s strategic adj. EBIT margin corridor (10.0% to 12.0%) two years after closing. 공시 • Sep 11
NWS Holdings Limited to Report Fiscal Year 2024 Results on Sep 25, 2024 NWS Holdings Limited announced that they will report fiscal year 2024 results on Sep 25, 2024 공시 • Jul 23
NWS Holdings Limited (SEHK:659) agreed to acquire Hsin Chong Aster Building Services Limited from Mr. Wong Yu Ming and Chow Tai Fook Capital Limited for approximately 540 million. NWS Holdings Limited (SEHK:659) agreed to acquire Hsin Chong Aster Building Services Limited from Mr. Wong Yu Ming and Chow Tai Fook Capital Limited for approximately 540 million on July 22, 2024. A cash consideration of HKD 538.6 million will be paid by NWS Holdings Limited. NWS Holdings Limited will pay an earnout/contingent payment in cash. As part of consideration, HKD 508.6 million is paid towards common equity and HKD 30 million is paid towards non-convertible debt of Hsin Chong Aster Building Services Limited.
For the period ending December 31, 2023, Hsin Chong Aster Building Services Limited reported net income of HKD 35.1 million. As of December 31, 2023, Hsin Chong Aster Building Services Limited reported total common equity of HKD 114 million.
The transaction is subject to Hsin Chong Aster Building Services Limited having completed disposal of all its equity interest in Aster Zhong Biao and consummation of due diligence investigation. The transaction will be funded from internal sources. New Risk • Apr 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (104% payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Reported Earnings • Mar 29
First half 2024 earnings released: EPS: HK$0.28 (vs HK$0.25 in 1H 2023) First half 2024 results: EPS: HK$0.28 (up from HK$0.25 in 1H 2023). Revenue: HK$14.0b (up 6.7% from 1H 2023). Net income: HK$1.11b (up 14% from 1H 2023). Profit margin: 8.0% (up from 7.5% in 1H 2023). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Industrials industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$8.91, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 6x in the Industrials industry in Hong Kong. Total returns to shareholders of 24% over the past three years. Upcoming Dividend • Mar 01
Upcoming dividend of HK$2.09 per share Eligible shareholders must have bought the stock before 08 March 2024. Payment date: 19 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.7%. Lower than top quartile of Hong Kong dividend payers (8.3%). In line with average of industry peers (6.9%). Reported Earnings • Feb 29
First half 2024 earnings released: EPS: HK$0.28 (vs HK$0.30 in 1H 2023) First half 2024 results: EPS: HK$0.28 (down from HK$0.30 in 1H 2023). Revenue: HK$14.0b (down 20% from 1H 2023). Net income: HK$1.11b (down 4.4% from 1H 2023). Profit margin: 8.0% (up from 6.6% in 1H 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Industrials industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 28
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to HK$8.77. The fair value is estimated to be HK$7.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 42% in the next 2 years. 공시 • Feb 15
NWS Holdings Limited to Report Q2, 2024 Results on Feb 27, 2024 NWS Holdings Limited announced that they will report Q2, 2024 results on Feb 27, 2024 Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to HK$7.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Industrials industry in Asia. Total returns to shareholders of 27% over the past three years. 공시 • Nov 11
Nws Holdings Limited Approves Final Dividend for the Financial Year End 30 June 2023 NWS Holdings Limited approved the final dividend of HKD 0.31 per share for the financial year ended 30 June 2023. Upcoming Dividend • Nov 07
Upcoming dividend of HK$0.31 per share at 6.5% yield Eligible shareholders must have bought the stock before 14 November 2023. Payment date: 07 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.5%. Lower than top quartile of Hong Kong dividend payers (8.2%). Lower than average of industry peers (7.3%). 공시 • Oct 18
NWS Holdings Limited, Annual General Meeting, Nov 10, 2023 NWS Holdings Limited, Annual General Meeting, Nov 10, 2023, at 11:00 China Standard Time. Location: Meeting Room S421 (Harbour Road Entrance), Hong Kong Convention and Exhibition Centre 1 Expo Drive Wanchai Hong Kong Agenda: To receive and consider the audited financial statements and the Reports of the Directors and the Independent Auditor for the financial year ended 30 June 2023; to declare a final dividend for the financial year ended 30 June 2023; to re-elect directors; and to consider other matters. Reported Earnings • Sep 30
Full year 2023 earnings released: EPS: HK$0.55 (vs HK$0.33 in FY 2022) Full year 2023 results: EPS: HK$0.55 (up from HK$0.33 in FY 2022). Revenue: HK$45.2b (up 45% from FY 2022). Net income: HK$2.64b (up 105% from FY 2022). Profit margin: 5.8% (up from 4.1% in FY 2022). Revenue is expected to decline by 5.3% p.a. on average during the next 2 years, while revenues in the Industrials industry in Hong Kong are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. 공시 • Sep 16
NWS Holdings Limited to Report Fiscal Year 2023 Results on Sep 29, 2023 NWS Holdings Limited announced that they will report fiscal year 2023 results on Sep 29, 2023 공시 • Jun 28
Chow Tai Fook Enterprises Limited made an offer to acquire additional 96.955655% stake in NWS Holdings Limited (SEHK:659) from New World Development Company Limited (SEHK:17) and others for HKD 34.6 billion. Chow Tai Fook Enterprises Limited made an offer to acquire additional 96.955655% stake in NWS Holdings Limited (SEHK:659) from New World Development Company Limited (SEHK:17) and others for HKD 34.6 billion on June 27, 2023. The offer price per share is HKD 9.15 for 3,791,380,925 shares and 84,638,650 options having exercisable price of HKD 7.83. NWS board has established a special committee comprising To Hin Tsun, Gerald, Dominic Lai, Shek Lai Him, Abraham, Lee Yiu Kwong, Alan, Oei Wai Chi Grace Fung, Wong Kwai Huen, Albert, Professor Chan Ka Keung, Ceajer and Ng Yuen Ting, Yolanda, to make a recommendation to the Disinterested NWS Shareholders and the Disinterested NWS Option holders as to whether the NWS Offers are, or are not, fair and reasonable and as to acceptance. Transaction is conditional upon acceptance of all 60.87559% stake owned by New Development Company, Shareholders approval of New Development Company for the disposal, and other conditions. If a threshold of 90% will be achieved, the offeror will go for compulsory acquisition. The Hongkong and Shanghai Banking Corporation Limited, BOCI Asia Limited, and ING Bank N.V., Hong Kong Branch acted as financial advisors to Chow Tai Fook Enterprises Limited. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$8.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 4x in the Industrials industry in Hong Kong. Total returns to shareholders of 70% over the past three years. Upcoming Dividend • Mar 13
Upcoming dividend of HK$0.30 per share at 8.7% yield Eligible shareholders must have bought the stock before 20 March 2023. Payment date: 06 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.7%. Within top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (6.2%). Reported Earnings • Feb 24
First half 2023 earnings released: EPS: HK$0.30 (vs HK$0.31 in 1H 2022) First half 2023 results: EPS: HK$0.30 (down from HK$0.31 in 1H 2022). Revenue: HK$17.6b (up 7.8% from 1H 2022). Net income: HK$1.16b (down 3.6% from 1H 2022). Profit margin: 6.6% (down from 7.4% in 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Industrials industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. 공시 • Feb 10
NWS Holdings Limited to Report First Half, 2023 Results on Feb 23, 2023 NWS Holdings Limited announced that they will report first half, 2023 results on Feb 23, 2023 공시 • Nov 22
NWS Holdings Limited Approves Final Dividend for the Financial Year Ended 30 June 2022 NWS Holdings Limited announced that at its annual general meeting held on November 21, 2022, approved to declare a final dividend of HKD 0.31 per share for the financial year ended 30 June 2022. Upcoming Dividend • Nov 16
Upcoming dividend of HK$0.31 per share Eligible shareholders must have bought the stock before 23 November 2022. Payment date: 16 December 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.7%. Within top quartile of Hong Kong dividend payers (8.8%). Higher than average of industry peers (6.8%). 공시 • Oct 20
NWS Holdings Limited, Annual General Meeting, Nov 21, 2022 NWS Holdings Limited, Annual General Meeting, Nov 21, 2022, at 12:00 China Standard Time. Location: Meeting Room N201 (Expo Drive Entrance) Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan Chai Hong Kong Agenda: To receive and consider the audited financial statements and the Reports of the Directors and the Independent Auditor for the financial year ended 30 June 2022; To declare a final dividend of HK$0.31 per share for the financial year ended 30 June 2022 ; To re-elect Professor Chan Ka Keung, Ceajer as Director; To re-elect Dr. Cheng Chi Kong, Adrian as Director; and to consider other matters. Reported Earnings • Oct 01
Full year 2022 earnings released: EPS: HK$0.35 (vs HK$0.30 in FY 2021) Full year 2022 results: EPS: HK$0.35 (up from HK$0.30 in FY 2021). Revenue: HK$31.1b (up 10% from FY 2021). Net income: HK$1.87b (up 57% from FY 2021). Profit margin: 6.0% (up from 4.2% in FY 2021). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Industrials industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 40% 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. 공시 • Sep 16
NWS Holdings Limited to Report Q4, 2022 Results on Sep 30, 2022 NWS Holdings Limited announced that they will report Q4, 2022 results on Sep 30, 2022 공시 • Jul 16
Nws Holdings Limited Provides Earnings Guidance for the Financial Year Ended 30 June 2022 NWS Holdings Limited provided earnings guidance for the financial year ended 30 June 2022. For the period, the company is expected to record an increase ofat least 35% in the profit attributable to Shareholders to no less than HKD 1.5 billion as compared to that for the financial year ended 30 June 2021. 공시 • May 14
NWS Holdings Limited Announces Resignation of Cheung Chin Cheung as Executive Director NWS Holdings Limited announced that Mr. Cheung Chin Cheung notified the Board of his retirement as planned after serving the Company and its subsidiaries for over 31 years and has tendered his resignation as an executive director of the Company with effect from 1 July 2022. He will also cease to be a member of each of the Executive Committee, the Corporate Governance Committee and the Sustainability Committee of the Company on the same day. Upcoming Dividend • Mar 14
Upcoming dividend of HK$0.30 per share Eligible shareholders must have bought the stock before 21 March 2022. Payment date: 07 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.2%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (5.0%). Reported Earnings • Feb 28
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: EPS: HK$0.31 (up from HK$0.14 in 1H 2021). Revenue: HK$16.3b (up 15% from 1H 2021). Net income: HK$1.21b (up 123% from 1H 2021). Profit margin: 7.4% (up from 3.8% in 1H 2021). Revenue missed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 7.5%, compared to a 11% growth forecast for the industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. 공시 • Feb 26
NWS Holdings Limited Declares Interim Dividend for Six Months Ended December 31, 2021, Payable on April 7, 2022 NWS Holdings Limited declared interim dividend of HKD 0.3 per share for six months ended December 31, 2021, Payable on April 7, 2022. Ex-dividend date on March 21, 2022. Record date on March 23, 2022. 공시 • Feb 15
NWS Holdings Limited to Report First Half, 2022 Results on Feb 25, 2022 NWS Holdings Limited announced that they will report first half, 2022 results on Feb 25, 2022 공시 • Feb 01
NWS Holdings Limited Provides Group Earnings Guidance for the Six Months Ended 31 December 2021 NWS Holdings Limited provided group earnings guidance for the six months ended 31 December 2021. For the year, the company group expected to record an increase of about 1.5 times in the profit attributable to Shareholders for the Current Period as compared to that for the six months ended 31 December 2020. Upcoming Dividend • Nov 17
Upcoming dividend of HK$0.30 per share Eligible shareholders must have bought the stock before 24 November 2021. Payment date: 20 December 2021. Trailing yield: 7.8%. Within top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (5.2%). Reported Earnings • Oct 01
Full year 2021 earnings released: EPS HK$0.30 (vs HK$0.065 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$28.2b (up 8.8% from FY 2020). Net income: HK$1.19b (up 370% from FY 2020). Profit margin: 4.2% (up from 1.0% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Director Overboarding • Aug 05
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 04
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Director Overboarding • Aug 03
Director Lai Him Shek has joined 10th company board Lai Him Shek has been appointed to the board of International Alliance Financial Leasing Co., Ltd. (SEHK:1563). Shek now sits on a total of 10 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. 공시 • May 12
SUEZ (Asia) Limited cancelled the acquisition of 42% stake in SUEZ NWS Limited from NWS Holdings Limited (SEHK:659). SUEZ (Asia) Limited entered into an agreement to acquire 42% stake in SUEZ NWS Limited from NWS Holdings Limited (SEHK:659) for HKD 4.2 billion on January 11, 2021. The consideration is payable in cash. In a related transaction, SUEZ NWS Limited entered into an agreement to acquire an additional 12.6% stake in Chongqing Derun Environment Co., Ltd. for HKD 2.4 billion. For the financial year ended December 31, 2019, SUEZ NWS reported profit after income tax of HKD 800.5 million and net asset value of HKD 10.9 billion.
The transaction is conditional upon the obtaining of the requisite written consent or approval from the relevant department of the Government of Hong Kong relating to the proposed change of shareholding in SNL, as required under the undertakings given by SUEZ or SUEZ Groupe and NWS in favour of the Government of Hong Kong under certain project contracts of SNL Group in Hong Kong, SNL having paid to its shareholders on a pro rata basis, a special dividend of HKD 380 million within five business days following the passing of the relevant board resolutions, NWS Holdings having delivered to SUEZ Asia a written consent from NWS authorizing the use of certain trademarks of NWS by SNL and its subsidiaries and affiliates during a transitional period after the SNL Completion and, in any event, such period shall not be more than six months from the date of the SNL Completion and the termination of certain secondment agreements between a member of NWS Group and SNL.
The transaction is expected to close by first quarter of 2021. The net proceeds to be received by NWS Group from the Disposals will be applied towards investing into NWS Group’s existing business segments such as roads and logistics; other investments of attractive return and with synergies to its core business when such opportunities arise; and general working capital requirements of NWS Group. The transactions will be accretive to recurring net income and recurring FCF from completion, both by increasing the income from associates as regards to Suyu and reducing the minority interests as regards to SUEZ NWS. HSBC acted as financial advisor to NWS Holdings.
SUEZ (Asia) Limited cancelled the acquisition of 42% stake in SUEZ NWS Limited from NWS Holdings Limited (SEHK:659) on May 11, 2021. Reported Earnings • Mar 20
First half 2021 earnings released: EPS HK$0.14 (vs HK$0.33 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$14.2b (up 26% from 1H 2020). Net income: HK$540.1m (down 58% from 1H 2020). Profit margin: 3.8% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 66% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 15
Upcoming Dividend of HK$0.29 Per Share Will be paid on the 14th of April to those who are registered shareholders by the 22nd of March. The trailing yield of 6.3% is in the top quartile of Hong Kong dividend payers (6.2%), and it is higher than industry peers (5.8%). Reported Earnings • Mar 01
First half 2021 earnings released: EPS HK$0.14 (vs HK$0.39 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$14.2b (up 7.7% from 1H 2020). Net income: HK$540.1m (down 64% from 1H 2020). Profit margin: 3.8% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 65% 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. 공시 • Feb 27
NWS Holdings Limited Announces Executive Changes, with Effect 1 March 2021 NWS Holdings Limited announced the resignation of Mr. Chow Tak Wing as the company secretary of the Company and his cessation to act as an authorised representative of the Company; and
the appointment of Mr. Tang Wai Yau as the company secretary and an authorised representative of the Company both with effect from 1 March 2021. Is New 90 Day High Low • Feb 18
New 90-day high: HK$8.08 The company is up 3.0% from its price of HK$7.83 on 20 November 2020. The Hong Kong market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Industrials industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$17.66 per share. 공시 • Feb 17
NWS Holdings Limited to Report First Half, 2021 Results on Feb 26, 2021 NWS Holdings Limited announced that they will report first half, 2021 results on Feb 26, 2021 Is New 90 Day High Low • Jan 12
New 90-day high: HK$8.00 The company is up 22% from its price of HK$6.54 on 15 October 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$17.98 per share. Is New 90 Day High Low • Nov 10
New 90-day high: HK$7.32 The company is up 10.0% from its price of HK$6.64 on 12 August 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$15.77 per share. Reported Earnings • Oct 25
Full year earnings released - EPS HK$0.065 Over the last 12 months the company has reported total profits of HK$253.2m, down 94% from the prior year. Total revenue was HK$25.9b over the last 12 months, down 3.4% from the prior year. Profit margins were 1.0%, which is lower than the 15% margin from last year. The decrease in margin was primarily driven by higher expenses. Analyst Estimate Surprise Post Earnings • Oct 25
Annual earnings released: Revenue misses expectations Annual revenue missed analyst estimates by 10% at HK$25.9b. Revenue is forecast to grow 23% over the next year, compared to a 11% growth forecast for the Industrials industry in Hong Kong. Is New 90 Day High Low • Oct 23
New 90-day high: HK$7.12 The company is up 8.0% from its price of HK$6.59 on 24 July 2020. The Hong Kong market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$14.81 per share. Reported Earnings • Oct 02
Full year earnings released - EPS HK$0.065 Over the last 12 months the company has reported total profits of HK$253.2m, down 94% from the prior year. Total revenue was HK$25.9b over the last 12 months, down 3.4% from the prior year. Profit margins were 1.0%, which is lower than the 15% margin from last year. The decrease in margin was primarily driven by higher expenses. 공시 • Oct 01
NWS Holdings Limited Announces Directorship Changes NWS Holdings Limited announced that Mr. Lam Wai Hon, Patrick shall retire by rotation in accordance with the bye-laws of the Company at the forthcoming annual general meeting of the Company to be held on 25 November 2020. Mr. Lam wishes to devote more time to his other business commitment and has decided not to offer himself for re-election as director of the Company at the AGM. Accordingly, he shall retire from his office as a non-executive director of the Company with effect from the conclusion of the AGM. Mr. Cheng Chi Leong, Christopher has been appointed as an executive director of the Company with effect from 1 December 2020. Mr. Lam has been appointed as the alternate director to Mr. Doo, a non-executive director of the Company, with effect from 25 November 2020. Mr. Lam will cease to be a member of the Sustainability Committee of the Company upon his retirement as a non-executive director of the Company with effect from the conclusion of the AGM. Furthermore, Mr. Cheng has been appointed as a member of the Executive Committee of the Company with effect from 1 December 2020. Is New 90 Day High Low • Sep 25
New 90-day low: HK$5.82 The company is down 13% from its price of HK$6.72 on 26 June 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Industrials industry, which is also down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$20.41 per share. 공시 • Sep 19
NWS Holdings Limited to Report Fiscal Year 2020 Results on Sep 30, 2020 NWS Holdings Limited announced that they will report fiscal year 2020 results on Sep 30, 2020 공시 • Aug 22
Templewater Limited, Ascendal Group Limited and Hans Energy Company Limited (SEHK:554) entered into an agreement to acquire NWS Transport Services Limited from NWS Holdings Limited (SEHK:659) for HKD 3.2 billion. Templewater Limited, Ascendal Group Limited and Hans Energy Company Limited (SEHK:554) entered into an agreement to acquire NWS Transport Services Limited from NWS Holdings Limited (SEHK:659) for HKD 3.2 billion on August 21, 2020. Under the terms, the consideration of HKD 2.49 billion will be paid on completion and the remaining consideration of HKD 710 million will be paid in three instalment payments, namely HKD 355 million, HKD 16 million and HKD 195 million on n the third, fifth and sixth anniversary of the completion date respectively. Upon Completion, NWS Holdings will cease to have any equity interest in the target group and Templewater Limited, Hans Energy Company Limited (SEHK:554) and Ascendal Group Limited will hold 90.8%, 8.6% and 0.6% stake respectively. This transaction will be funded with a loan. As on December 31, 2019, NWS Transport Services reported net asset value of approximately HKD 4.2 billion. The Board of holding company of target will comprise seven directors, with Templewater Limited, Hans Energy Company and Ascendal Group being entitled to nominate five, one and one directors, respectively.
This transaction is conditional upon the giving of notice in writing to the relevant government authority in Hong Kong, counterparties of certain specified contracts of target confirming that they agree not to terminate the relevant contracts or not having raised any objection or the change of control would not trigger a termination event under such contracts. Completion shall take place on the seventh (7th) Business Day after the date on which the last of the conditions precedent is satisfied or waived on or before the long stop date, which is December 31, 2020. The net proceeds will be applied towards the general working capital requirements of NWS Holdings. HSBC Holdings plc (LSE:HSBA) acted as financial advisor to NWS Holdings Limited (SEHK:659). 공시 • Jul 30
Chu Kong Shipping Enterprises (Group) Company Limited (SEHK:560) completed the acquisition of 60% stake in New World First Ferry Services Limited from NWS Holdings Limited (SEHK:659). Chu Kong Shipping Enterprises (Group) Company Limited (SEHK:560) entered into an agreement to acquire 60% stake in New World First Ferry Services Limited from NWS Holdings Limited (SEHK:659) for approximately HKD 230 million on May 4, 2020. Upon Completion, New World First Ferry Services Limited will become a direct non-wholly owned subsidiary of Chu Kong Shipping Enterprises (Group) Company Limited with 60% stake while NWS Holdings Limited will continue to hold the remaining 40% stake. Consideration which will be financed by Chu Kong Shipping Enterprises (Group) Company Limited internal resources, and shall be settled on the Completion Date. For the financial year ended June 30, 2019, New World First Ferry Services Limited has net profit after tax of 25.5 million and net assets of HKD 101.5 million.
Transaction is subject to all applicable legal and regulatory requirements have been complied, and all necessary approval and permit from the regulatory authorities, including but not limited to the Stock Exchange, the Securities and Futures Commission, the Marine Department and the Transport Department. Completion is expected on May 31, 2020.
Chu Kong Shipping Enterprises (Group) Company Limited (SEHK:560) completed the acquisition of 60% stake in New World First Ferry Services Limited from NWS Holdings Limited (SEHK:659) on May 18, 2020. All conditions have been fulfilled. 
