Reported Earnings • Apr 28
Full year 2025 earnings released: HK$0.006 loss per share (vs HK$0.044 loss in FY 2024) Full year 2025 results: HK$0.006 loss per share (improved from HK$0.044 loss in FY 2024). Revenue: HK$398.7m (down 7.1% from FY 2024). Net loss: HK$13.3m (loss narrowed 86% from FY 2024). 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 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 23
Full year 2025 earnings released: HK$0.006 loss per share (vs HK$0.044 loss in FY 2024) Full year 2025 results: HK$0.006 loss per share (improved from HK$0.044 loss in FY 2024). Revenue: HK$398.7m (down 7.1% from FY 2024). Net loss: HK$13.3m (loss narrowed 86% from FY 2024). 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 2% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 20
SIM Technology Group Limited, Annual General Meeting, Jun 05, 2026 SIM Technology Group Limited, Annual General Meeting, Jun 05, 2026. Location: 24th floor, tower 1, admiralty centre, 18 harcourt road, admiralty, Hong Kong Aankondiging • Mar 10
SIM Technology Group Limited to Report Fiscal Year 2025 Results on Mar 20, 2026 SIM Technology Group Limited announced that they will report fiscal year 2025 results on Mar 20, 2026 New Risk • Dec 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$777.0m (US$99.8m) This is considered a minor 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 29
First half 2025 earnings released: EPS: HK$0.004 (vs HK$0.038 loss in 1H 2024) First half 2025 results: EPS: HK$0.004 (up from HK$0.038 loss in 1H 2024). Revenue: HK$208.2m (up 13% from 1H 2024). Net income: HK$8.81m (up HK$91.1m from 1H 2024). Profit margin: 4.2% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • Aug 15
SIM Technology Group Limited to Report First Half, 2025 Results on Aug 27, 2025 SIM Technology Group Limited announced that they will report first half, 2025 results on Aug 27, 2025 Reported Earnings • Apr 26
Full year 2024 earnings released: HK$0.044 loss per share (vs HK$0.16 profit in FY 2023) Full year 2024 results: HK$0.044 loss per share (down from HK$0.16 profit in FY 2023). Revenue: HK$429.4m (down 21% from FY 2023). Net loss: HK$94.8m (down 127% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 22
Full year 2024 earnings released: HK$0.044 loss per share (vs HK$0.16 profit in FY 2023) Full year 2024 results: HK$0.044 loss per share (down from HK$0.16 profit in FY 2023). Revenue: HK$429.4m (down 21% from FY 2023). Net loss: HK$94.8m (down 127% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 21
SIM Technology Group Limited, Annual General Meeting, Jun 12, 2025 SIM Technology Group Limited, Annual General Meeting, Jun 12, 2025. Location: 24th floor, tower 1, admiralty centre, 18 harcourt road, admiralty, Hong Kong New Risk • Mar 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$771.6m (US$99.3m) This is considered a minor 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 Risk High level of non-cash earnings (46% accrual ratio). Minor Risk Market cap is less than US$100m (HK$771.6m market cap, or US$99.3m). Aankondiging • Mar 11
SIM Technology Group Limited to Report Fiscal Year 2024 Results on Mar 21, 2025 SIM Technology Group Limited announced that they will report fiscal year 2024 results on Mar 21, 2025 Aankondiging • Jan 24
SIM Technology Group Limited Announces Board and Committee Changes The board of directors of SIM Technology Group Limited announced that Mr. Liu Hing Hung will resign as an independent non-executive Director, the chairperson of each of the audit committee of the Board, the remuneration committee of the Board and the nomination committee of the Board with effect from 25 January 2025 due to his desire to devote more time to pursue his other commitments. The Board also announced that with effect from 25 January 2025, Ms. Lai Ka Fung May will be appointed as an independent non-executive Director. The biographical details and other information of Ms. Lai are set out below: Ms. Lai, aged 58, is a Certified Public Accountant and has over 30 years of experience in accounting, taxation, auditing and corporate finance. Ms. Lai is currently the Principal Partner of May K.F. & Co. C.P.A. and a Partner of H.H. Liu & Co. C.P.A., of which Mr. Liu is the Principal Partner. She obtained a master's degree of Arts in International Accounting from City University of Hong Kong in 2001. Ms. Lai is also an independent non-executive director of Chinlink International Holdings Limited and Emperor Entertainment Hotel Limited. CHANGE OF COMPOSITION OF BOARD COMMITTEES: The Board announced that with effect from 25 January 2025: (a) Mr. Liu will cease to be the chairperson of each of the Audit Committee, Remuneration Committee and the Nomination Committee; and (b) Ms. Lai will be appointed as the chairperson of each of the Audit Committee, Remuneration Committee and the Nomination Committee. New Risk • Sep 27
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 46% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risk Market cap is less than US$100m (HK$739.5m market cap, or US$95.0m). New Risk • Aug 15
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$771.6m (US$99.0m) This is considered a minor 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 Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Market cap is less than US$100m (HK$771.6m market cap, or US$99.0m). Aankondiging • Aug 15
SIM Technology Group Limited to Report First Half, 2024 Results on Aug 27, 2024 SIM Technology Group Limited announced that they will report first half, 2024 results on Aug 27, 2024 Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: HK$0.16 (vs HK$0.23 loss in FY 2022) Full year 2023 results: EPS: HK$0.16 (up from HK$0.23 loss in FY 2022). Revenue: HK$543.9m (down 15% from FY 2022). Net income: HK$344.3m (up HK$853.7m from FY 2022). Profit margin: 63% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 05
Upcoming dividend of HK$0.04 per share Eligible shareholders must have bought the stock before 12 April 2024. Payment date: 26 April 2024. The company last paid an ordinary dividend in March 2017. The average dividend yield among industry peers is 4.0%. Aankondiging • Mar 27
SIM Technology Group Limited, Annual General Meeting, Jun 07, 2024 SIM Technology Group Limited, Annual General Meeting, Jun 07, 2024. Location: 24th Floor, Tower 1, Admiralty Centre, 18 Harcourt Road Admiralty Hong Kong China Reported Earnings • Mar 27
Full year 2023 earnings released: EPS: HK$0.16 (vs HK$0.23 loss in FY 2022) Full year 2023 results: EPS: HK$0.16 (up from HK$0.23 loss in FY 2022). Revenue: HK$543.9m (down 15% from FY 2022). Net income: HK$344.3m (up HK$853.7m from FY 2022). Profit margin: 63% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Aankondiging • Mar 14
SIM Technology Group Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 SIM Technology Group Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 Aankondiging • Jan 25
SIM Technology Group Limited Announces Change of Independent Non-Executive Director and Change of Composition of Board Committees SIM Technology Group Limited announces that with effect from 25 January 2024: announces that Mr. Wu Zhe has resigned as an independent non-executive Director, a member of the audit committee of the Board ("Audit Committee") and a member of the remuneration committee of the Board ("Remuneration Committee") with effect from 25 January 2024 due to his desire to devote more time to pursue his other commitments ("Resignation"). The Board also announces that with effect from 25 January 2024, Mr. Yang Wentao ("Mr. Yang") has been appointed as an independent non-executive Director, a member of the Audit Committee and a member of the Remuneration Committee . The biographical details and other information of Mr. Yang are set out below: Mr. Yang, aged 56, obtained a bachelor's degree in automatic control, majoring in control and manipulation system of fluid, from Beijing University of Aeronautics and Astronautics (currently known as Beihang University) in 1990 and an executive master in business administration degree from Tsinghua University in 2010. Mr. Yang has over 18 years of experience in global procurement. He was the chief procurement officer (CPO) and the vice president of Lenovo Group Limited (a company listed on the Main Board of The Stock Exchange of Hong Kong Limited ("Stock Exchange") with HKD counter stock code 992 and RMB counter stock code 80992) from 1998 to 2017. Mr. Yang also has extensive experience in the investment industry. From 2018 to 2020, he was the chief executive officer of Beihang Investment Co., Limited. Mr. Yang then founded Beijing Gold Master Investment Limited and Beijing Rarsig Medical Limited in 2020 and 2023 respectively. Aankondiging • Sep 29
SIM Technology Group Limited Announces Change of Executive Director The board of directors of SIM Technology Group Limited announced that, with effect from 28 September 2023, Mr. Liu Jun has resigned as an executive Director due to his health issue. Following his Resignation, Mr. Liu will continue to serve as the chief technical officer of the Group. The Board also announced that with effect from 28 September 2023, Mr. Zhu Qi has been appointed as an executive Director. Mr. Zhu, aged 43, is the chief operating officer (COO) of the Group's operational headquarters (PRC Headquarters) in the People's Republic of China (PRC). He is responsible for the deliveries, operation, production and manufacturing, quality control and information technology of the Group's business in the PRC. Since 30 September 2022, Mr. Zhu has also been a core member of the Group's administration team in the PRC Headquarters, which performs the roles and duties of the chief executive officer of the Group. Mr. Zhu obtained a bachelor's degree in electrical automation from Shanghai University in 2002, minoring in computer science and technology. Mr. Zhu joined the Group in 2003. Prior to becoming the COO in 2020, Mr. Zhu had served in various departments of the Group including the technology research and development department, the sales and marketing department and the resource department. He has extensive experience in the electronics and telecommunications industry, especially in market and product development and project management. Reported Earnings • Aug 27
First half 2023 earnings released: HK$0.023 loss per share (vs HK$0.15 loss in 1H 2022) First half 2023 results: HK$0.023 loss per share (improved from HK$0.15 loss in 1H 2022). Revenue: HK$297.8m (up 7.0% from 1H 2022). Net loss: HK$50.4m (loss narrowed 85% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 19
SIM Technology Group Limited Announces Executive Changes The board of directors of SIM Technology Group Limited announced that, with effect from 18 August 2023, Ms. Yeung Man Ying ("Ms. Yeung") has resigned as the chairman of the Company ("Chairman") due to her commitments to the Shanghai Sunrise Charity Foundation which require more of her time ("Resignation"). Following her Resignation, Ms. Yeung will continue to serve as an executive Director. The Board also announces that with effect from 18 August 2023, Mr. Wong Cho Tung, an executive Director, has been appointed as the Chairman ("Appointment") in place of Ms. Yeung. Mr. Wong, aged 79, is an executive Director, a member of the remuneration committee ("Remuneration Committee") and nomination committee of the Board, and the president of the Group. Mr. Wong is responsible for formulating the direction and strategies of the Group and the development plan of any new business of the Group. He is also a director of a number of subsidiaries of the Company. Mr. Wong graduated from the Beijing University of Aeronautics and Astronautics (currently known as Beihang University) in 1968, specialising in electrical engineering. He has decades of experience in the electrical, electronics and telecommunications industry. Mr. Wong together with his spouse Ms. Yeung were the founders of the Company. Mr. Wong is the director of Info Dynasty Group Limited ("Info Dynasty") and Intellipower Investments Limited, both of which are substantial Shareholders (having the meaning ascribed to it under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("Listing Rules")).Mr. Wong is the father of Mr. Wong Hei, Simon, a non-executive Director. Mr. Wong is a controlling Shareholder (having the meaning ascribed to it under the Listing Rules) and a controlling shareholder of Info Dynasty. Aankondiging • Aug 16
SIM Technology Group Limited to Report First Half, 2023 Results on Aug 25, 2023 SIM Technology Group Limited announced that they will report first half, 2023 results on Aug 25, 2023 Aankondiging • Jul 23
Sim Technology Group Limited Provides Earning Guidance for the Six Months Ended 30 June 2023 SIM Technology Group Limited provided earning guidance for the six months ended 30 June 2023. The board of directors of the Company informed the shareholders ("Shareholders") and potential investors of the Company that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2023 and information currently available to the Company, the Group is expected to record a loss attributable to the owners of the Company in the range of approximately HKD 20 million to HKD 50 million for the six months ended 30 June 2023 ("1H-2023"), which was substantially decreased as compared to that for the six months ended 30 June 2022 ("1H-2022") of approximately HKD 324.9 million. Reported Earnings • Mar 26
Full year 2022 earnings released: HK$0.23 loss per share (vs HK$0.10 loss in FY 2021) Full year 2022 results: HK$0.23 loss per share (further deteriorated from HK$0.10 loss in FY 2021). Revenue: HK$638.0m (down 12% from FY 2021). Net loss: HK$509.5m (loss widened 115% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Aankondiging • Jan 20
SIM Technology Group Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022 SIM Technology Group Limited provided group earnings guidance for the year ended 31 December 2022. The board of directors of the Company informed the shareholders and potential investors of the Company that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2022 and information currently available to the Company, the Group is expected to record loss attributable to the owners of the Company from continuing operations for fiscal year 2022 in the range of approximately HKD 450.0 million to HKD 550.0 million, as compared to the loss attributable to the owners of the Company from continuing operations of approximately HKD 236.6 million recorded for the year ended 31 December 2021. Board Change • Nov 16
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. 5 non-independent directors. Independent Non-Executive Director Minbo Li was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
First half 2022 earnings released: HK$0.15 loss per share (vs HK$0.025 loss in 1H 2021) First half 2022 results: HK$0.15 loss per share (down from HK$0.025 loss in 1H 2021). Revenue: HK$278.3m (down 28% from 1H 2021). Net loss: HK$324.9m (loss widened 443% from 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 20
SIM Technology Group Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2022 SIM Technology Group Limited provided group earnings 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 preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2022 ("1H-2022"), the Group is expected to record loss attributable to the owners of the Company from continuing operations for 1H-2022 in the range of approximately HKD 310.0 million to HKD 340.0 million for 1H-2022, as compared to that for the six months ended 30 June 2021 of approximately HKD 60.5 million. Aankondiging • Aug 17
SIM Technology Group Limited to Report First Half, 2022 Results on Aug 31, 2022 SIM Technology Group Limited announced that they will report first half, 2022 results on Aug 31, 2022 Aankondiging • Jul 02
SIM Technology Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 SIM Technology Group Limited provides earnings guidance for the six months ended 30 June 2022. The company is expected that the loss attributable to the owners of the Company from continuing operations for the six months ended 30 June 2022 will increase significantly, as compared to that for the six months ended 30 June 2021 of approximately HKD 60.5 million. The Board considers that one of the reasons for the significant increase in loss was, as disclosed in the Company's announcements dated 14 April 2022, 11 May 2022 and 10 June 2022, the mandatory restrictions imposed in parts of the PRC (especially Shanghai) to combat the coronavirus disease (COVID-19) pandemic since mid-March 2022, which had affected the Group's deliveries. Given that the Group's headquarter is situated in Shanghai, the effect was relatively substantial. In addition, fluctuations in the RMB exchange rate and failure to reach the expected levels of turnover and average gross profit margin also caused the significant increase in loss. Board Change • Apr 27
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. 6 non-independent directors. Independent Non-Executive Director Minbo Li was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 31
Full year 2021 earnings released: HK$0.10 loss per share (vs HK$0.014 loss in FY 2020) Full year 2021 results: HK$0.10 loss per share (down from HK$0.014 loss in FY 2020). Revenue: HK$724.7m (down 23% from FY 2020). Net loss: HK$236.0m (loss widened HK$201.9m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Aankondiging • Jan 30
SIM Technology Group Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended December 31, 2021 SIM Technology Group Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2021. The Group is expected to record a substantial increase in loss attributable to the owners of the company from continuing operations for fiscal 2021 to approximately HKD 185.0 million to HKD 195.0 million, as compared to the loss attributable to the owners of the Company from continuing operations of approximately HKD 36.5 million recorded for the year ended 31 December 2020 which is principally attributable to (i) the substantial increase in administrative expenses and research and development expenses in fiscal 2021 as compared to that of fiscal 2020; the decrease of gross profit margin of the Group's handsets and IOT terminals business in FY2021 as compared to that of fiscal 2020 as a result of intense competition and increased cost of raw materials; and (iii) the delivery not meeting the expected target. Reported Earnings • Sep 26
First half 2021 earnings released: HK$0.025 loss per share (vs HK$0.016 loss in 1H 2020) The company reported a soft first half result with increased losses and weaker control over costs, although revenues improved. First half 2021 results: Revenue: HK$384.5m (up 29% from 1H 2020). Net loss: HK$59.9m (loss widened 56% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 22
SIM Technology Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2021 SIM Technology Group Limited provided earnings guidance for the six months ended 30 June 2021. Based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2021 and information currently available to the Company, the Group is expected to record a loss for the six months ended 30 June 2021 attributable to the owners of the Company from continuing operations in the range of approximately HKD 50 million to HKD 60 million, as compared to the loss of approximately HKD 33.6 million recorded for the six months ended 30 June 2020. Aankondiging • Mar 16
SIM Technology Group Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 SIM Technology Group Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Is New 90 Day High Low • Feb 09
New 90-day high: HK$0.47 The company is up 21% from its price of HK$0.39 on 11 November 2020. The Hong Kong market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Communications industry, which is up 26% over the same period. Executive Departure • Feb 06
Independent Non-Executive Director has left the company On the 3rd of February, Tianmiao Wang's tenure as Independent Non-Executive Director ended after 3.8 years in the role. We don't have any record of a personal shareholding under Tianmiao's name. A total of 2 executives have left over the last 12 months. Aankondiging • Feb 04
SIM Technology Group Limited Announces Board Changes SIM Technology Group Limited announced that with effect from 3 February 2021 Mr. Wang Tianmiao has resigned as independent non-executive Director and member of each of the Audit Committee and Remuneration Committee; Mr. Li Minbo has been appointed as independent non-executive Director and member of each of the Audit Committee and Remuneration Committee; and Mr. Zhu Wenhui has been appointed as executive Director. Is New 90 Day High Low • Dec 17
New 90-day low: HK$0.33 The company is down 21% from its price of HK$0.42 on 18 September 2020. The Hong Kong market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 3.0% over the same period. Is New 90 Day High Low • Nov 30
New 90-day low: HK$0.36 The company is down 28% from its price of HK$0.50 on 01 September 2020. The Hong Kong market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 5.0% over the same period. Reported Earnings • Sep 24
First half earnings released Over the last 12 months the company has reported total losses of HK$31.1m, with losses narrowing by 83% from the prior year. Total revenue was HK$1.20b over the last 12 months, down 8.0% from the prior year. Aankondiging • Aug 14
SIM Technology Group Limited to Report First Half, 2020 Results on Aug 25, 2020 SIM Technology Group Limited announced that they will report first half, 2020 results on Aug 25, 2020