Board Change • May 21
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Executive Director Shoulei Wang is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Feb 05
PINE Technology Holdings Limited to Report First Half, 2026 Results on Feb 20, 2026 PINE Technology Holdings Limited announced that they will report first half, 2026 results on Feb 20, 2026 Aankondiging • Dec 23
PINE Technology Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 30 million. PINE Technology Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 30 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 100,000,000
Price\Range: HKD 0.3
Discount Per Security: HKD 0.00495
Transaction Features: Subsequent Direct Listing Aankondiging • Dec 09
PINE Technology Holdings Limited, Annual General Meeting, Dec 31, 2025 PINE Technology Holdings Limited, Annual General Meeting, Dec 31, 2025, at 11:00 China Standard Time. Location: unit 1203b, 12/f., worldwide house, 19 des voeux road central, Hong Kong Aankondiging • Mar 22
Pine Technology Holdings Limited Announces Change of Company Secretary PINE Technology Holdings Limited announced that Mr. Chan Cheuk Ho ("Mr. Chan") has resigned as the company secretary (the "Company Secretary") of the Company and as an authorised representative of the Company as required under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") with effect from 19 March 2025 due to his further personal career commitments. Mr. Chan has confirmed that he has no disagreement with the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board announced that Ms. Lui Mei Ka ("Ms. Lui") has been appointed as the Company Secretary and as an authorised representative of the Company as required under Rule 3.05 of the Listing Rules with effect from 19 March 2025 to fill the vacancy arising from the resignation of Mr. Chan. Ms. Lui, graduating from The Chinese University of Hong Kong with a degree in bachelor of business administration, is a member of the Hong Kong Institute of Certified Public Accountants. Ms. Lui currently serves as the managing director of Merit Corporate Services Company Limited. Ms. Lui has been an independent non-executive director of China Tangshang Holdings Limited (stock code: 674), GoFintech Innovation Limited (stock code: 290) and China Tontine Wines Group Limited (stock code: 389), which are listed on the Main Board of the Stock Exchange, since 21 April 2017, 19 September 2023 and 30 September 2024, respectively. Ms. Lui has over 17 years of experience in financial management and corporate finance. From October 2016 to July 2018, she was the chief financial officer and company secretary of GR Life Style Company Limited (formerly known as GR Properties Limited) (stock code: 108), a company listed on the Main Board of the Stock Exchange, which is engaged in property development and investment. From March 2014 to May 2016, she was the company secretary and financial controller of LT Commercial Real Estate Limited, a company previously listed on the Main Board of the Stock Exchange under the stock code 112, which was engaged in property development and investment. Aankondiging • Feb 12
PINE Technology Holdings Limited to Report First Half, 2025 Results on Feb 27, 2025 PINE Technology Holdings Limited announced that they will report first half, 2025 results on Feb 27, 2025 Reported Earnings • Oct 28
Full year 2024 earnings released: EPS: HK$0.034 (vs HK$0.078 loss in FY 2023) Full year 2024 results: EPS: HK$0.034 (up from HK$0.078 loss in FY 2023). Revenue: HK$234.8m (up 400% from FY 2023). Net income: HK$45.6m (up HK$148.8m from FY 2023). Profit margin: 19% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 27
Full year 2024 earnings released: EPS: HK$0.034 (vs HK$0.078 loss in FY 2023) Full year 2024 results: EPS: HK$0.034 (up from HK$0.078 loss in FY 2023). Revenue: HK$234.8m (up 400% from FY 2023). Net income: HK$45.6m (up HK$148.8m from FY 2023). Profit margin: 19% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Sep 27
PINE Technology Holdings Limited, Annual General Meeting, Nov 29, 2024 PINE Technology Holdings Limited, Annual General Meeting, Nov 29, 2024. Aankondiging • Sep 11
PINE Technology Holdings Limited to Report Fiscal Year 2024 Final Results on Sep 26, 2024 PINE Technology Holdings Limited announced that they will report fiscal year 2024 final results at 4:00 PM, China Standard Time on Sep 26, 2024 Reported Earnings • Mar 01
First half 2024 earnings released: EPS: HK$0 (vs HK$0.013 loss in 1H 2023) First half 2024 results: EPS: HK$0 (improved from HK$0.013 loss in 1H 2023). Revenue: HK$127.6m (up HK$116.7m from 1H 2023). Net income: HK$52.5m (up HK$70.2m from 1H 2023). Profit margin: 41% (up from net loss in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Aankondiging • Feb 10
PINE Technology Holdings Limited to Report First Half, 2024 Results on Feb 28, 2024 PINE Technology Holdings Limited announced that they will report first half, 2024 results on Feb 28, 2024 Reported Earnings • Sep 29
Full year 2023 earnings released: US$0.001 loss per share (vs US$0.006 loss in FY 2022) Full year 2023 results: US$0.001 loss per share. Revenue: US$47.0m (up US$39.2m from FY 2022). Net loss: US$103.1m (loss widened US$94.9m from FY 2022). Aankondiging • Sep 29
PINE Technology Holdings Limited, Annual General Meeting, Nov 30, 2023 PINE Technology Holdings Limited, Annual General Meeting, Nov 30, 2023. Aankondiging • Sep 20
PINE Technology Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended June 30, 2023 PINE Technology Holdings Limited provided consolidated earnings guidance for the year ended June 30, 2023. For the period, the company expects to record a consolidated net loss of not less than HKD 95 million as compared to a consolidated net loss of approximately HKD 66 million for the year ended 30 June 2022. The estimated increase in net loss for the fiscal year 2023 is primarily due to (i) the decrease in the turnover and gross profit of the Group; and (ii) recognition of impairment loss on goodwill and intangible assets for the fiscal year 2023. Aankondiging • Sep 16
PINE Technology Holdings Limited to Report Fiscal Year 2023 Results on Sep 28, 2023 PINE Technology Holdings Limited announced that they will report fiscal year 2023 results on Sep 28, 2023 Buying Opportunity • May 03
Now 95% undervalued after recent price drop Over the last 90 days, the stock is down 85%. The fair value is estimated to be €0.0096, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 110% over the last 3 years. Earnings per share has grown by 65%. Reported Earnings • Mar 03
First half 2023 earnings released: US$0.002 loss per share (vs US$0 in 1H 2022) First half 2023 results: US$0.002 loss per share (further deteriorated from US$0 in 1H 2022). Revenue: US$1.38m (down 74% from 1H 2022). Net loss: US$2.26m (loss widened 365% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Aankondiging • Feb 18
PINE Technology Holdings Limited Provides Earnings Guidance for the Six Months Ended 31 December 2022 PINE Technology Holdings Limited provided earnings guidance for the six months ended 31 December 2022. The Group is expected to record anunaudited consolidated net loss of not less than USD 2 million for Interim 2023 as compared to an unaudited consolidated net loss of approximately USD 0.19 million for the six months ended 31 December 2021. The estimated increase in the consolidated net loss for Interim 2023 is primarily due to the decrease in revenue and gross profit of the Group for Interim 2023. Aankondiging • Feb 10
PINE Technology Holdings Limited to Report First Half, 2023 Results on Feb 28, 2023 PINE Technology Holdings Limited announced that they will report first half, 2023 results on Feb 28, 2023 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. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Chunsheng Zhou was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Full year 2022 earnings released: US$0.006 loss per share (vs US$0.002 loss in FY 2021) Full year 2022 results: US$0.006 loss per share (further deteriorated from US$0.002 loss in FY 2021). Revenue: US$7.82m (down 36% from FY 2021). Net loss: US$8.22m (loss widened 226% from FY 2021). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 02
Full year 2022 earnings released: US$0.006 loss per share (vs US$0.002 loss in FY 2021) Full year 2022 results: US$0.006 loss per share (further deteriorated from US$0.002 loss in FY 2021). Revenue: US$7.82m (down 36% from FY 2021). Net loss: US$8.22m (loss widened 226% from FY 2021). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. Aankondiging • Oct 01
PINE Technology Holdings Limited, Annual General Meeting, Nov 30, 2022 PINE Technology Holdings Limited, Annual General Meeting, Nov 30, 2022. Agenda: AGM. Aankondiging • Sep 21
Pine Technology Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Fiscal Year 2022 PINE Technology Holdings Limited provided unaudited consolidated earnings guidance for the fiscal year 2022. For the period, the group is expected to record a consolidated net loss of not less than USD7 million for Fiscal Year 2022 as compared to a consolidated net loss of approximately USD2.09 million for the year ended 30 June 2021 ("FY 2021"). The estimated increase in net loss for Fiscal Year 2022 is primarily due to (i) the decrease in the turnover and gross profit of the Group; and (ii) the recognition of impairment loss on goodwill. Aankondiging • Sep 17
PINE Technology Holdings Limited to Report Fiscal Year 2022 Results on Sep 30, 2022 PINE Technology Holdings Limited announced that they will report fiscal year 2022 results on Sep 30, 2022 Aankondiging • Jun 01
Pine Technology Holdings Limited Announces Board Changes PINE Technology Holdings Limited announced that Mr. Chan Cheuk Ho ("Mr. Chan") has resigned as an executive Director with effect from 31 May 2022 as he would like to devote more time to his personal commitments. However, Mr. Chan will remain as the company secretary of the Company and an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities of The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). 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. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Director Chunsheng Zhou was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Feb 09
PINE Technology Holdings Limited to Report First Half, 2022 Results on Feb 22, 2022 PINE Technology Holdings Limited announced that they will report first half, 2022 results on Feb 22, 2022 Reported Earnings • Sep 30
Full year 2021 earnings released: US$0.002 loss per share (vs US$0.013 loss in FY 2020) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: US$12.2m (down 89% from FY 2020). Net loss: US$2.52m (loss narrowed 85% from FY 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 57% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 25
First half 2021 earnings released: US$0.001 loss per share (vs US$0.009 loss in 1H 2020) The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: US$8.65m (down 89% from 1H 2020). Net loss: US$1.34m (loss narrowed 89% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 61% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 03
First half 2021 earnings released: US$0.001 loss per share (vs US$0.009 loss in 1H 2020) The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: US$8.65m (down 89% from 1H 2020). Net loss: US$1.34m (loss narrowed 89% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings. Aankondiging • Feb 11
PINE Technology Holdings Limited to Report First Half, 2021 Results on Feb 25, 2021 PINE Technology Holdings Limited announced that they will report first half, 2021 results on Feb 25, 2021 Aankondiging • Dec 03
PINE Technology Holdings Limited Announces Resignation of Chiu Hang Tai as an Executive Director The board of directors of PINE Technology Holdings Limited (the 'Company') announced that Mr. Chiu Hang Tai ('Mr. Chiu') has tendered his resignation as an executive Director of the Company as he would like to focus on his other business engagement, with effect from 2 December 2020. Reported Earnings • Oct 21
Full year earnings released - €0.013 loss per share Over the last 12 months the company has reported total losses of US$17.3m, with losses narrowing by 55% from the prior year. Total revenue was US$109.4m over the last 12 months, down 35% from the prior year. Reported Earnings • Sep 30
Full year earnings released Over the last 12 months the company has reported total losses of US$17.3m, with losses narrowing by 55% from the prior year. Total revenue was US$109.4m over the last 12 months, down 35% from the prior year.