Upcoming Dividend • Jun 03
Upcoming dividend of HK$0.02 per share Eligible shareholders must have bought the stock before 08 June 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.6%). Board Change • May 20
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. 4 non-independent directors. Independent Non-Executive Director Wen-Kuan Hsu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Mar 24
Daphne International Holdings Limited, Annual General Meeting, May 21, 2026 Daphne International Holdings Limited, Annual General Meeting, May 21, 2026. Aankondiging • Mar 12
Daphne International Holdings Limited to Report Fiscal Year 2025 Results on Mar 24, 2026 Daphne International Holdings Limited announced that they will report fiscal year 2025 results on Mar 24, 2026 Aankondiging • Aug 04
Daphne International Holdings Limited to Report First Half, 2025 Results on Aug 20, 2025 Daphne International Holdings Limited announced that they will report first half, 2025 results on Aug 20, 2025 Aankondiging • May 21
Daphne International Holdings Limited Approves Final Ordinary Cash Dividend for the Year Ended 31 December 2024 Daphne International Holdings Limited approved the final Ordinary cash dividend of HKD 0.02 per share of the Company for the year ended 31 December 2024, at the AGM held on 21 May 2025. Aankondiging • Mar 26
Daphne International Holdings Limited, Annual General Meeting, May 21, 2025 Daphne International Holdings Limited, Annual General Meeting, May 21, 2025. Aankondiging • Mar 12
Daphne International Holdings Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Daphne International Holdings Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Aankondiging • Nov 29
Daphne International Holdings Limited Appoints Chang Wan-Hsun as an Executive Director with Effect from 1 December 2024 Daphne International Holdings Limited announce that Ms. Chang Wan-Hsun () ("Ms. Chang") has been appointed as an executive Director with effect from 1 December 2024. Ms. Chang, aged 45, has extensive experience in procurement, cost control and logistics management. She has been serving various positions in the Group since August 2004 and her current position is the finance director in Shanghai headquarters of the Group since October
2020. Ms. Chang is also a director of Gentlefit Trading Limited since July 2022 and a supervisor of each of Hanjiang Footwear Co. Ltd., Putian City and Hanjiang Dafu Footwear Co. Ltd., Putian City since May 2021, Daphne (Wenzhou) Brand Management Co. Ltd. since January 2022, and Shanghai Aixie Information Technology Co. Ltd. since September 2023, all of which are the subsidiaries of the Company. Ms. Chang obtained a bachelor of arts degree from The University of Auckland in May 2004. Ms. Chang is the sister of Mr. Chang Chih-Kai, the chairman of the Board and an executive Director, and Mr. Chang Chih-Chiao, the chief executive officer and an executive Director. Board Change • Sep 01
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. 3 experienced directors. 3 highly experienced directors. Independent Non Executive Director Philip Tan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 22
First half 2024 earnings released: EPS: CN¥0.028 (vs CN¥0.017 in 1H 2023) First half 2024 results: EPS: CN¥0.028 (up from CN¥0.017 in 1H 2023). Revenue: CN¥168.8m (up 52% from 1H 2023). Net income: CN¥56.1m (up 80% from 1H 2023). Profit margin: 33% (up from 28% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. New Risk • Aug 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). 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. Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Market cap is less than US$100m (€49.1m market cap, or US$54.6m). Aankondiging • Aug 09
Daphne International Holdings Limited to Report Q2, 2024 Results on Aug 21, 2024 Daphne International Holdings Limited announced that they will report Q2, 2024 results on Aug 21, 2024 Upcoming Dividend • Jun 07
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 04 July 2024. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (0.7%). New Risk • Mar 28
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Market cap is less than US$100m (€43.4m market cap, or US$46.8m). New Risk • Mar 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Market cap is less than US$100m (€44.0m market cap, or US$47.6m). Aankondiging • Mar 14
Daphne International Holdings Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 Daphne International Holdings Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 Aankondiging • Nov 01
Daphne International Holdings Limited (SEHK:210) acquired the remaining 40.04% stake in Full Pearl International Limited from Yue Yuen Industrial (Holdings) Limited (SEHK:551). Daphne International Holdings Limited (SEHK:210) agreed to acquire the remaining 40.04% stake in Full Pearl International Limited from Yue Yuen Industrial (Holdings) Limited (SEHK:551) for CNY 42.5 million on September 28, 2023. Upon signing of the SP Agreement, the Daphne shall pay to the Yue Yuen Industrial (Holdings) Limited a deposit in the amount of CNY 12.75 million which will be paid at closing as a part payment and CNY 29.75 million, equivalent to be paid by the Daphne to the Yue Yuen Industrial (Holdings) Limited (SEHK:551) at completion. Upon Completion, the Full Pearl International Limited will become a direct wholly-owned subsidiary of the Daphne International Holdings Limited. The deal is subject to (a) all the Warranties being true and correct in all material respects and remaining so from the date of share purchase agreement up to Completion (b) all necessary consents in relation to the transactions contemplated under share purchase agreement having been obtained by each Obligor of the Stock Exchange and any relevant authorities and other relevant third parties in Hong Kong, the PRC or elsewhere which are required for the entering into, execution, delivery and performance of share purchase agreement and the Transaction, having been obtained (c) Daphne International Holdings having paid the Deposit in full to Yue Yuen Industrial (Holdings) (d) Daphne International Holdings having paid the Deposit in full to Yue Yuen Industrial (Holdings) (e) all necessary consents in relation to the transactions contemplated under share purchase agreement having been obtained by each Daphne International Holdings of the Stock Exchange and any relevant authorities and other relevant third parties in Hong Kong, the PRC or elsewhere which are required for the entering into, execution, delivery and performance of share purchase agreement and the Transaction, having been obtained (f) Daphne International Holdings having published an announcement on the website designated by the Stock Exchange in relation to share purchase agreement and the Transaction, and the Stock Exchange not having made any objection to share purchase agreement, the Transaction, or this announcement. The Directors (including the independent non-executive Directors) of Daphne International Holdings Limited Chang Chih-Kai considered that the terms of the Transaction were fair and reasonable. As of July 31, 2023, Full Pearl International Limited having the net assets of approximately CNY 210 million. The deal expected to close by December 31, 2023. Daphne International Holdings Limited (SEHK:210) acquired the remaining 40.04% stake in Full Pearl International Limited from Yue Yuen Industrial (Holdings) Limited (SEHK:551) on October 30, 2023. New Risk • Oct 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% 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: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Market cap is less than US$100m (€56.2m market cap, or US$59.1m). Aankondiging • Aug 11
Daphne International Holdings Limited to Report First Half, 2023 Results on Aug 23, 2023 Daphne International Holdings Limited announced that they will report first half, 2023 results on Aug 23, 2023 Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: HK$0.024 (vs HK$0.029 in FY 2021) Full year 2022 results: EPS: HK$0.024 (down from HK$0.029 in FY 2021). Revenue: HK$199.8m (up 89% from FY 2021). Net income: HK$43.1m (down 18% from FY 2021). Profit margin: 22% (down from 50% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 25
First half 2022 earnings released: EPS: HK$0.011 (vs HK$0.025 in 1H 2021) First half 2022 results: EPS: HK$0.011 (down from HK$0.025 in 1H 2021). Revenue: HK$52.6m (up 4.5% from 1H 2021). Net income: HK$19.1m (down 57% from 1H 2021). Profit margin: 36% (down from 89% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Aankondiging • Aug 02
Daphne International Holdings Limited Provides Unaudited Consolidated Group Financial Guidance for the Six Months Ended 30 June 2022 Daphne International Holdings Limited provided unaudited consolidated group financial guidance for the six months ended 30 June 2022. The board of directors of the Company informed the shareholders and potential investors of the Company that, based on the information currently available to the Company and the preliminary review by the Board on the unaudited consolidated management accounts of the Group, the profit attributable to shareholders of the Company for the six months ended 30 June 2022 is expected to record a decline by approximately 50% to 70% as compared to the profit attributable to shareholders of HKD 44,764,000 for the corresponding period ended 30 June 2021. Reported Earnings • Aug 29
First half 2021 earnings released: EPS HK$0.025 (vs HK$0.086 loss in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$50.4m (down 76% from 1H 2020). Net income: HK$44.8m (up HK$186.0m from 1H 2020). Profit margin: 89% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Executive Departure • Jul 16
Independent Non-Executive Director Jung-Cheng Kuo has left the company On the 7th of July, Jung-Cheng Kuo's tenure as Independent Non-Executive Director ended after 19.9 years in the role. We don't have any record of a personal shareholding under Jung-Cheng's name. Jung-Cheng is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.17 years. Reported Earnings • Apr 20
Full year 2020 earnings released: HK$0.14 loss per share (vs HK$0.65 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: HK$363.9m (down 83% from FY 2019). Net loss: HK$242.0m (loss narrowed 77% from FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 26
Full year 2020 earnings released: HK$0.14 loss per share (vs HK$0.65 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: HK$363.9m (down 83% from FY 2019). Net loss: HK$242.0m (loss narrowed 77% from FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Aankondiging • Mar 13
Daphne International Holdings Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Daphne International Holdings Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Aankondiging • Oct 15
Daphne International Holdings Limited announced that it has received CNY 25.3 million in funding from Warrior Limited On October 14, 2020, Daphne International Holdings Limited (SEHK:210) closed the transaction. Aankondiging • Sep 19
Daphne International Holdings Limited announced that it expects to receive CNY 25.3 million in funding from Warrior Limited Daphne International Holdings Limited (SEHK:210) announced that it has entered into subscription agreement with new investor Warrior Limited for a private placement of convertible notes for gross proceeds of CNY 25,300,000 on September 14, 2020. The notes will be issued in registered form in a minimum denomination of CNY 5,000,000 each and integral multiples of CNY 100,000 in excess thereof. The notes are transferable, will be issued at par, will bear a fixed interest rate of 9% per annum, will be due on the third anniversary of the date of the issuance, and are convertible into common shares of the company at an initial conversion price of CNY 0.221 per share. The notes shall constitute direct, unconditional, unsubordinated and unsecured obligations of the company. The company shall redeem the notes which remains outstanding and not previously redeemed or converted, on the maturity date. Neither the company nor the investor may redeem the notes at its option prior to the maturity date. The transaction is expected to close on or before December 31, 2020. Aankondiging • Aug 13
Daphne International Holdings Limited to Report First Half, 2020 Results on Aug 25, 2020 Daphne International Holdings Limited announced that they will report first half, 2020 results on Aug 25, 2020 
