New Risk • May 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Large one-off items impacting financial results. Reported Earnings • Apr 24
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: CN¥1.14 (up from CN¥0.77 loss in FY 2024). Revenue: CN¥1.54b (up 18% from FY 2024). Net income: CN¥114.8m (up CN¥192.1m from FY 2024). Profit margin: 7.5% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Personal Products industry in China. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Apr 24
Perfect Group Corp., Ltd, Annual General Meeting, May 20, 2026 Perfect Group Corp., Ltd, Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yangzhou, Jiangsu China