New Risk • Aug 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% 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 (24% average weekly change). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$111.7m market cap, or US$14.2m). Aankondiging • Jul 27
ETS Group Limited to Report First Half, 2026 Results on Aug 07, 2026 ETS Group Limited announced that they will report first half, 2026 results on Aug 07, 2026 New Risk • Jun 02
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 Hong Kong stocks, typically moving 25% 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 (25% average weekly change). Minor Risk Market cap is less than US$100m (HK$159.6m market cap, or US$20.4m). Aankondiging • Jun 02
ETS Group Limited has filed a Follow-on Equity Offering in the amount of HKD 17.61776 million. ETS Group Limited has filed a Follow-on Equity Offering in the amount of HKD 17.61776 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 59,120,000
Price\Range: HKD 0.298
Discount Per Security: HKD 0.003725
Transaction Features: Subsequent Direct Listing Aankondiging • Apr 29
ETS Group Limited, Annual General Meeting, Jun 23, 2026 ETS Group Limited, Annual General Meeting, Jun 23, 2026, at 10:00 China Standard Time. Location: room 2, 3/f, tower 2, south seas centre, 75 mody road, tsim sha tsui east, kowloon, Hong Kong Recent Insider Transactions • Mar 26
Key Executive recently bought HK$4.4m worth of stock On the 20th of March, Man On Siu bought around 16m shares on-market at roughly HK$0.28 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Man On's only on-market trade for the last 12 months. Reported Earnings • Mar 25
Full year 2025 earnings released: HK$0.029 loss per share (vs HK$0.028 profit in FY 2024) Full year 2025 results: HK$0.029 loss per share (down from HK$0.028 profit in FY 2024). Revenue: HK$81.6m (down 14% from FY 2024). Net loss: HK$8.57m (down 202% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 11
ETS Group Limited to Report Fiscal Year 2025 Results on Mar 24, 2026 ETS Group Limited announced that they will report fiscal year 2025 results on Mar 24, 2026 Buy Or Sell Opportunity • Feb 20
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 270% to HK$0.50. The fair value is estimated to be HK$0.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jan 09
Now 31% undervalued Over the last 90 days, the stock has risen 51% to HK$0.28. The fair value is estimated to be HK$0.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Dec 26
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 Hong Kong stocks, typically moving 14% 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 (14% average weekly change). Minor Risk Market cap is less than US$100m (HK$79.8m market cap, or US$10.3m). New Risk • Nov 06
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 Hong Kong stocks, typically moving 11% 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 Market cap is less than US$10m (HK$54.4m market cap, or US$7.00m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Sep 16
First half 2025 earnings released: EPS: HK$0.003 (vs HK$0.01 in 1H 2024) First half 2025 results: EPS: HK$0.003 (down from HK$0.01 in 1H 2024). Revenue: HK$42.6m (flat on 1H 2024). Net income: HK$976.0k (down 66% from 1H 2024). Profit margin: 2.3% (down from 6.6% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 08
First half 2025 earnings released: EPS: HK$0.003 (vs HK$0.01 in 1H 2024) First half 2025 results: EPS: HK$0.003 (down from HK$0.01 in 1H 2024). Revenue: HK$44.3m (up 3.5% from 1H 2024). Net income: HK$976.0k (down 66% from 1H 2024). Profit margin: 2.2% (down from 6.6% in 1H 2024). The decrease in margin was driven by higher expenses. 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 23% per year, which means it is significantly lagging earnings. Aankondiging • Jul 25
ETS Group Limited to Report First Half, 2025 Results on Aug 07, 2025 ETS Group Limited announced that they will report first half, 2025 results on Aug 07, 2025 New Risk • Jul 01
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 Hong Kong stocks, typically moving 11% 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 Risks Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (HK$64.4m market cap, or US$8.21m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Apr 19
Full year 2024 earnings released: EPS: HK$0.028 (vs HK$0.003 in FY 2023) Full year 2024 results: EPS: HK$0.028 (up from HK$0.003 in FY 2023). Revenue: HK$94.7m (up 25% from FY 2023). Net income: HK$8.41m (up HK$7.61m from FY 2023). Profit margin: 8.9% (up from 1.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Aankondiging • Apr 16
ETS Group Limited, Annual General Meeting, May 09, 2025 ETS Group Limited, Annual General Meeting, May 09, 2025, at 10:00 China Standard Time. Location: room 2, 3/f, tower 2, south seas centre, 75 mody road, tsim sha tsui east, kowloon Hong Kong Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: HK$0.028 (vs HK$0.028 loss in FY 2023) Full year 2024 results: EPS: HK$0.028 (up from HK$0.028 loss in FY 2023). Revenue: HK$94.7m (up 22% from FY 2023). Net income: HK$8.41m (up HK$16.3m from FY 2023). Profit margin: 8.9% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Mar 11
ETS Group Limited to Report Fiscal Year 2024 Results on Mar 24, 2025 ETS Group Limited announced that they will report fiscal year 2024 results on Mar 24, 2025 Buy Or Sell Opportunity • Jan 06
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 55% to HK$0.27. The fair value is estimated to be HK$0.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has grown by 24%. New Risk • Jan 05
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 Hong Kong stocks, typically moving 12% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 6x cash flows per share. Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (HK$69.5m market cap, or US$8.93m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Buy Or Sell Opportunity • Sep 27
Now 23% undervalued Over the last 90 days, the stock has risen 29% to HK$0.17. The fair value is estimated to be HK$0.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has grown by 24%. Reported Earnings • Aug 11
First half 2024 earnings released: EPS: HK$0.01 (vs HK$0.015 in 1H 2023) First half 2024 results: EPS: HK$0.01 (down from HK$0.015 in 1H 2023). Revenue: HK$49.7m (up 11% from 1H 2023). Net income: HK$2.83m (down 32% from 1H 2023). Profit margin: 5.7% (down from 9.3% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Aankondiging • Jul 29
ETS Group Limited to Report First Half, 2024 Results on Aug 09, 2024 ETS Group Limited announced that they will report first half, 2024 results on Aug 09, 2024 New Risk • Jun 21
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 Hong Kong stocks, typically moving 11% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 10x cash flows per share. Earnings have declined by 50% per year over the past 5 years. Market cap is less than US$10m (HK$39.0m market cap, or US$5.00m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (5.6% increase in shares outstanding). Reported Earnings • Apr 23
Full year 2023 earnings released: HK$0.028 loss per share (vs HK$0.033 loss in FY 2022) Full year 2023 results: HK$0.028 loss per share (improved from HK$0.033 loss in FY 2022). Revenue: HK$77.5m (down 9.2% from FY 2022). Net loss: HK$7.92m (loss narrowed 15% from FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 23
Full year 2023 earnings released: HK$0.028 loss per share (vs HK$0.033 loss in FY 2022) Full year 2023 results: HK$0.028 loss per share (improved from HK$0.033 loss in FY 2022). Revenue: HK$79.8m (down 6.5% from FY 2022). Net loss: HK$7.92m (loss narrowed 15% from FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Aankondiging • Mar 12
ETS Group Limited to Report Fiscal Year 2023 Results on Mar 22, 2024 ETS Group Limited announced that they will report fiscal year 2023 results on Mar 22, 2024 Aankondiging • Mar 06
ETS Group Limited Announces Management Changes ETS Group Limited announced Ms. Tsang Lee Mei has been appointed as an independent non-executive Director, the chairlady of the nomination committee and a member of each of the audit committee, the remuneration committee and the risk management and internal control committee of the Company with effect from 6 March 2024. Ms. Tsang, aged 54, obtained a Bachelor degree in Combined Studies Accounting from De Montfort University, Leicester, the United Kingdom in 1996, a Bachelor degree in Professional Accounting from Dongbei University of Finance and Economics, the People's Republic of China in 2004 and a Master of Science and Finance from the City University of Hong Kong in 2007. Ms. Tsang has also been a member of the Association of Accounting Technicians since 1994, a member of the Hong Kong Institute of Certified Public Accountants since 1999 and a fellow member of the Association of Chartered Certified Accountants since 2004. Ms. Tsang has over 30 years of experience in accounting, finance, auditing and compliance assurance industry. From 2021 to 2023, Ms. Tsang served as the financial controller, company secretary and authorised representative of Satu Holdings Limited. From 2018 to 2021, she worked as the financial controller and company secretary of Wecon Holdings Limited. From 2016 to 2018, she served as the assistant finance manager of K.H. Foundation Limited, being a subsidiary of K. H. Group Holdings Limited. From 2006 to 2016, Ms. Tsang worked as the finance manager of Mobicon Holdings Limited. From 1999 to 2006, she worked at Kwong Ming Engineering Limited with her last position as a finance manager. The Board further announced that with effect from 6 March 2024, Ms. Kwong Yuk Ying will be redesignated as a member of the Nomination Committee; and Ms. Tsang will be appointed as the chairlady of the Nomination Committee and a member of each of the Audit Committee, the Remuneration Committee and the Risk Management and Internal Control Committee. Aankondiging • Feb 05
ETS Group Limited Announces Executive Changes The board of directors of ETS Group Limited (the"Company", together with its subsidiaries, collectively, the "Group") announces that Mr. Yeung Ka Wing ("Mr. Yeung") has resigned from his position as an executive Director.Upon his resignation, Mr. Yeung also ceased to act as a member of each of the nomination committee (the "Nomination Committee") and the risk management and internal control committee of the Company, the compliance officer of the Company, an authorised representative of the Company (the "Authorised Representative") under Rule 5.24 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the authorised representative to accept service of process or notice on behalf of the Company in Hong Kong (the "Process Agent") under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) with effect from 5 February 2024 due to his personal commitment. Following the resignation of Mr. Yeung, with effect from 5 February 2024, Mr. Tang Yiu Sing ("Mr. Tang") has been appointed as the compliance officer of the Company and Mr. Suen Fuk Hoi has been appointed as an Authorised Representative and the Process Agent with effect from 5 February 2024. The Board announces that, with effect from 5 February 2024, Mr. Tang has been redesignated as a member of the Nomination Committee and Ms. Kwong Yuk Ying has been redesignated as the chairlady of the Nomination Committee. New Risk • Jan 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$73.9m (US$9.45m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 329% Earnings have declined by 52% per year over the past 5 years. Market cap is less than US$10m (HK$73.9m market cap, or US$9.45m). Minor Risk Shareholders have been diluted in the past year (5.6% increase in shares outstanding). Aankondiging • Dec 29
ETS Group Limited Announces Board and Committee Changes, Effective January 1, 2024 The board of directors of ETS Group Limited announced that Mr. Cheung Kong Ting ("Mr. Cheung") has resigned from his position as an independent non-executive Director. Upon his resignation, Mr. Cheung also ceased to act as the chairman of the remuneration committee (the "Remuneration Committee") of the Company and a member of each of the audit committee (the "Audit Committee"), the nomination committee (the "Nomination Committee") and the risk management and internal control committee (the "Risk Management and Internal Control Committee") of the Company with effect from 1 January 2024 due to his personal commitment. Following the resignation of Mr. Cheung, with effect from 1 January 2024, Ms. Kwong Yuk Ying, being an independent non-executive Director, will be re-designated as the chairlady of the Remuneration Committee. Upcoming Dividend • Nov 10
Upcoming dividend of HK$0.15 per share at 20% yield Eligible shareholders must have bought the stock before 17 November 2023. Payment date: 30 November 2023. Trailing yield: 20%. Within top quartile of Hong Kong dividend payers (8.3%). Higher than average of industry peers (1.4%). Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: HK$0.005 (vs HK$0.002 in 3Q 2022) Third quarter 2023 results: EPS: HK$0.005 (up from HK$0.002 in 3Q 2022). Revenue: HK$21.8m (down 6.2% from 3Q 2022). Net income: HK$1.47m (up 176% from 3Q 2022). Profit margin: 6.7% (up from 2.3% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Buying Opportunity • Sep 22
Now 29% undervalued Over the last 90 days, the stock is up 32%. The fair value is estimated to be HK$0.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. New Risk • Aug 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.6% 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 Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 55% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Shareholders have been diluted in the past year (5.6% increase in shares outstanding). Market cap is less than US$100m (HK$136.0m market cap, or US$17.4m). Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: HK$0.004 (vs HK$0.009 in 2Q 2022) Second quarter 2023 results: EPS: HK$0.004 (down from HK$0.009 in 2Q 2022). Revenue: HK$21.1m (down 2.1% from 2Q 2022). Net income: HK$1.12m (down 57% from 2Q 2022). Profit margin: 5.3% (down from 12% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Aankondiging • Jul 25
ETS Group Limited to Report First Half, 2023 Results on Aug 04, 2023 ETS Group Limited announced that they will report first half, 2023 results on Aug 04, 2023 Reported Earnings • May 08
First quarter 2023 earnings released: EPS: HK$0.011 (vs HK$0.004 loss in 1Q 2022) First quarter 2023 results: EPS: HK$0.011 (up from HK$0.004 loss in 1Q 2022). Revenue: HK$23.6m (up 2.2% from 1Q 2022). Net income: HK$3.03m (up HK$4.23m from 1Q 2022). Profit margin: 13% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Upcoming Dividend • May 02
Upcoming dividend of HK$0.015 per share at 3.0% yield Eligible shareholders must have bought the stock before 09 May 2023. Payment date: 29 May 2023. Trailing yield: 3.0%. Lower than top quartile of Hong Kong dividend payers (7.6%). Higher than average of industry peers (1.4%). Reported Earnings • Mar 23
Full year 2022 earnings released: HK$0.033 loss per share (vs HK$0.066 loss in FY 2021) Full year 2022 results: HK$0.033 loss per share (improved from HK$0.066 loss in FY 2021). Revenue: HK$91.4m (up 3.5% from FY 2021). Net loss: HK$9.30m (loss narrowed 50% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. 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. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Director Kam Tai Wong 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 • Nov 06
Third quarter 2022 earnings released: EPS: HK$0.002 (vs HK$0.01 loss in 3Q 2021) Third quarter 2022 results: EPS: HK$0.002 (up from HK$0.01 loss in 3Q 2021). Revenue: HK$23.3m (down 5.8% from 3Q 2021). Net income: HK$530.0k (up HK$3.41m from 3Q 2021). Profit margin: 2.3% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 25
ETS Group Limited to Report Q3, 2022 Results on Nov 04, 2022 ETS Group Limited announced that they will report Q3, 2022 results at 4:00 PM, China Standard Time on Nov 04, 2022 Reported Earnings • Aug 07
Second quarter 2022 earnings released: EPS: HK$0.009 (vs HK$0.007 loss in 2Q 2021) Second quarter 2022 results: EPS: HK$0.009 (up from HK$0.007 loss in 2Q 2021). Revenue: HK$21.5m (down 15% from 2Q 2021). Net income: HK$2.62m (up HK$4.51m from 2Q 2021). Profit margin: 12% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 26
ETS Group Limited to Report First Half, 2022 Results on Aug 05, 2022 ETS Group Limited announced that they will report first half, 2022 results on Aug 05, 2022 Reported Earnings • May 08
First quarter 2022 earnings released: HK$0.004 loss per share (vs HK$0.002 profit in 1Q 2021) First quarter 2022 results: HK$0.004 loss per share (down from HK$0.002 profit in 1Q 2021). Revenue: HK$23.1m (down 11% from 1Q 2021). Net loss: HK$1.20m (down 306% from profit in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. 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 Kam Tai Wong 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 • Apr 23
ETS Group Limited to Report Q1, 2022 Results on May 06, 2022 ETS Group Limited announced that they will report Q1, 2022 results on May 06, 2022 Aankondiging • Apr 02
ETS Group Limited, Annual General Meeting, May 06, 2022 ETS Group Limited, Annual General Meeting, May 06, 2022, at 10:00 China Standard Time. Agenda: To receive, consider and approve the audited consolidated financial statements of the company and its subsidiaries and the reports of the directors and of the auditors of the company for the year ended 31 December 2021; to re-elect directors of the company and authorize the Board to fix the remuneration of the directors; and to reappoint HLB Hodgson Impey Cheng Limited as auditors of the company and to authorize the Board to fix their remuneration. Reported Earnings • Nov 07
Third quarter 2021 earnings released: HK$0.01 loss per share (vs HK$0.001 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: HK$24.7m (down 5.1% from 3Q 2020). Net loss: HK$2.88m (down HK$3.05m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 12
ETS Group Limited announced that it has received HKD 9.5 million in funding from Pine Care Titanium Limited On August 11, 2021, ETS Group Limited closed the transaction. Reported Earnings • Aug 06
Second quarter 2021 earnings released: HK$0.007 loss per share (vs HK$0.001 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings and control over costs, although revenues were flat. Second quarter 2021 results: Revenue: HK$25.3m (flat on 2Q 2020). Net loss: HK$1.90m (down HK$2.17m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Executive Departure • May 26
Chairman Shing Bor Tang has left the company On the 14th of May, Shing Bor Tang's tenure as Chairman ended after 5.8 years in the role. As of March 2021, Shing Bor personally held 210.00m shares (HK$67m worth at the time). Shing Bor is the only executive to leave the company over the last 12 months. Aankondiging • May 11
ETS Group Limited announced that it expects to receive HKD 9.5 million in funding from Pine Care Titanium Limited ETS Group Limited (SEHK:8031) announced that it has entered into a subscription agreement for a private placement of convertible bonds for gross proceeds of HKD 9,500,000 on May 10, 2021. The transaction will include participation from new investor Pine Care Titanium Limited. The bonds will be issued at par and shall bear no interest. The bonds will be convertible into 15,625,000 shares at a price of HKD 0.608 each during the period commencing on the date on which the convertible bonds are issued to the bondholders up to and including the Initial Maturity Date. The bonds will mature on the second anniversary of the date of issue. The bonds are non-redeemable. The transaction is subject to approval from shareholders at extraordinary general meeting of the Company. Reported Earnings • May 09
First quarter 2021 earnings released: EPS HK$0.002 (vs HK$0.004 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: HK$26.0m (down 14% from 1Q 2020). Net income: HK$582.0k (down 47% from 1Q 2020). Profit margin: 2.2% (down from 3.6% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 28% per year. Reported Earnings • Mar 23
Full year 2020 earnings released: HK$0.018 loss per share (vs HK$0.027 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$112.1m (down 14% from FY 2019). Net loss: HK$5.14m (down 168% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Aankondiging • Mar 09
ETS Group Limited to Report Fiscal Year 2020 Results on Mar 19, 2021 ETS Group Limited announced that they will report fiscal year 2020 results on Mar 19, 2021 Is New 90 Day High Low • Feb 08
New 90-day low: HK$0.24 The company is down 23% from its price of HK$0.32 on 10 November 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 17% over the same period. Is New 90 Day High Low • Jan 18
New 90-day low: HK$0.25 The company is down 12% from its price of HK$0.28 on 20 October 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 16% over the same period. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS HK$0.001 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: HK$26.0m (down 12% from 3Q 2019). Net income: HK$162.0k (down 90% from 3Q 2019). Profit margin: 0.6% (down from 5.3% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 06
New 90-day low: HK$0.23 The company is down 21% from its price of HK$0.29 on 08 July 2020. The Hong Kong market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 11% over the same period. Aankondiging • Jul 26
ETS Group Limited to Report First Half, 2020 Results on Aug 04, 2020 ETS Group Limited announced that they will report first half, 2020 results on Aug 04, 2020 
