Upcoming Dividend • May 28
Upcoming dividend of HK$0.015 per share Eligible shareholders must have bought the stock before 04 June 2026. Payment date: 25 June 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.6%). Announcement • Mar 19
Goldlion Holdings Limited, Annual General Meeting, May 29, 2026 Goldlion Holdings Limited, Annual General Meeting, May 29, 2026. Announcement • Feb 26
Goldlion Holdings Limited to Report Fiscal Year 2025 Results on Mar 19, 2026 Goldlion Holdings Limited announced that they will report fiscal year 2025 results on Mar 19, 2026 Announcement • Jul 29
Goldlion Holdings Limited to Report First Half, 2025 Results on Aug 14, 2025 Goldlion Holdings Limited announced that they will report first half, 2025 results on Aug 14, 2025 Announcement • Mar 14
Goldlion Holdings Limited, Annual General Meeting, Jun 06, 2025 Goldlion Holdings Limited, Annual General Meeting, Jun 06, 2025. Announcement • Mar 03
Goldlion Holdings Limited to Report Fiscal Year 2024 Results on Mar 14, 2025 Goldlion Holdings Limited announced that they will report fiscal year 2024 results on Mar 14, 2025 Buy Or Sell Opportunity • Oct 29
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to €0.11. The fair value is estimated to be €0.088, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 24%. Reported Earnings • Sep 30
First half 2024 earnings released: EPS: HK$0.06 (vs HK$0.08 in 1H 2023) First half 2024 results: EPS: HK$0.06 (down from HK$0.08 in 1H 2023). Revenue: HK$603.3m (down 8.8% from 1H 2023). Net income: HK$58.2m (down 26% from 1H 2023). Profit margin: 9.7% (down from 12% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 21% per year. Announcement • Aug 28
Goldlion Holdings Limited Announces Demise of Lau Yue Sun, an Independent Non-Executive Director, the Chairman of the Nomination Committee, A Member of the Audit Committee and the Remuneration Committee Goldlion Holdings Limited announced that Dr. Lau Yue Sun (Dr. Lau), an independent non-executive Director, the chairman of the nomination committee, a member of the audit committee and the remuneration committee of the company, passed away on 27 August 2024 due to illness. The late Dr. Lau had served the board since December 1994. Reported Earnings • Aug 20
First half 2024 earnings released: EPS: HK$0.06 (vs HK$0.08 in 1H 2023) First half 2024 results: EPS: HK$0.06 (down from HK$0.08 in 1H 2023). Revenue: HK$603.3m (down 8.8% from 1H 2023). Net income: HK$58.2m (down 26% from 1H 2023). Profit margin: 9.7% (down from 12% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 19% per year. Declared Dividend • Aug 18
First half dividend of HK$0.02 announced Shareholders will receive a dividend of HK$0.02. Ex-date: 3rd September 2024 Payment date: 17th September 2024 Dividend yield will be 27%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but not covered by cash flows (343% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 55% to shift the payout ratio to a potentially unsustainable range, which is more than the 23% EPS decline seen over the last 5 years. Announcement • Aug 15
Goldlion Holdings Limited Announces Interim Dividend for the Six Months Ended June 30, 2024, Payable on 17 September 2024 Goldlion Holdings Limited announced interim dividend of HKD 0.02 per share for the six months ended June 30, 2024. Ex-dividend date is 03 September 2024, Record date is 06 September 2024 and payment date is 17 September 2024. Buy Or Sell Opportunity • Aug 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to €0.092. The fair value is estimated to be €0.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 9.0%. Announcement • Aug 02
Goldlion Holdings Limited to Report First Half, 2024 Results on Aug 15, 2024 Goldlion Holdings Limited announced that they will report first half, 2024 results on Aug 15, 2024 Announcement • May 25
Goldlion Holdings Limited Announces Board Changes Goldlion Holdings Limited announced that with effect from the conclusion of the 2024 AGM, Mr. Ngan On Tak ("Mr. Ngan") retired as an independent non-executive Director, a member of each of the Audit Committee and theNomination Committee of the Board and the chairman of the Remuneration Committee of the Board. Ms. Lo Wing Sze, an independent non-executive Director of the Company, has been appointed as the chairman of Remuneration Committee immediately following the retirement of Mr. Ngan. As at the date of this announcement, the Directors of the Company comprise Mr. Tsang Chi Ming, Ricky as an executive Director; Mr. Ng Ming Wah, Charles as a non-executive Director; and Dr. Lau Yue Sun, Mr. Li Ka Fai, David and Ms. Lo Wing Sze as independent non-executive Directors. Upcoming Dividend • May 23
Upcoming dividend of HK$0.04 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 13 June 2024. Payout ratio is a comfortable 63% but the company is paying out more than the cash it is generating. Trailing yield: 7.4%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.6%). Reported Earnings • Apr 19
Full year 2023 earnings released: EPS: HK$0.12 (vs HK$0.16 in FY 2022) Full year 2023 results: EPS: HK$0.12 (down from HK$0.16 in FY 2022). Revenue: HK$1.33b (down 6.0% from FY 2022). Net income: HK$116.2m (down 25% from FY 2022). Profit margin: 8.7% (down from 11% in FY 2022). 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 16% per year, which means it is performing significantly worse than earnings. Declared Dividend • Mar 21
Final dividend of HK$0.04 announced Shareholders will receive a dividend of HK$0.04. Ex-date: 30th May 2024 Payment date: 13th June 2024 Dividend yield will be 42%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but not covered by cash flows (153% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 30% to shift the payout ratio to a potentially unsustainable range, which is more than the 21% EPS decline seen over the last 5 years. Announcement • Mar 21
Goldlion Holdings Limited Proposes Ordinary Final Cash Dividend for the Year Ended 31 December 2023, Payable on 13 June 2024 Goldlion Holdings Limited proposed ordinary final cash dividend of HKD 0.04 per share for the year ended 31 December 2023, payable on 13 June 2024. Record date is 04 June 2024. Ex-dividend date is 30 May 2024. Date of shareholders' approval is 24 May 2024. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: HK$0.12 (vs HK$0.16 in FY 2022) Full year 2023 results: EPS: HK$0.12 (down from HK$0.16 in FY 2022). Revenue: HK$1.33b (down 6.0% from FY 2022). Net income: HK$116.2m (down 25% from FY 2022). Profit margin: 8.7% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. 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 16% per year, which means it is performing significantly worse than earnings. New Risk • Mar 18
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 Earnings have declined by 19% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by cash flows (174% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin). Announcement • Mar 16
Goldlion Holdings Limited, Annual General Meeting, May 24, 2024 Goldlion Holdings Limited, Annual General Meeting, May 24, 2024. Agenda: To consider retirement by rotation of director; and to consider changes in composition of board committees. Announcement • Mar 15
Goldlion Holdings Limited Announces Retirement of Ngan on Tak as Independent Non- Executive Director and Committee's The board of directors of Goldlion Holdings Limited announced the changes in Directors and composition of the board committees of the Board as follows: Mr. Ngan On Tak (‘Mr. Ngan’) will retire by rotation from the office of independent non- executive Director in accordance with the articles of association of the Company and has decided not to offer himself for re-election at the forthcoming annual general meeting of the Company scheduled for 24th May 2024 (the ‘2024 AGM’), details of which will be announced by the Company in due course, due to his intention to devote more time to his other personal commitments. Accordingly, Mr. Ngan will cease to be an independent non-executive Director with effect from the conclusion of the 2024 AGM. Mr. Ngan has confirmed that he has no disagreement with the Board and there are no other matters in relation to his retirement by rotation and cessation of directorship that need to be brought to the attention of the shareholders of the Company. Changes in composition of board committees: Consequent upon Mr. Ngan's retirement by rotation, Mr. Ngan will cease to be a member of each of the Audit Committee and the Nomination Committee of the Board and the chairman of the Remuneration Committee of the Board, with effect from the conclusion of the 2024 AGM. Announcement • Mar 01
Goldlion Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 19, 2024 Goldlion Holdings Limited announced that they will report fiscal year 2023 final results on Mar 19, 2024 Upcoming Dividend • Aug 29
Upcoming dividend of HK$0.035 per share at 8.0% yield Eligible shareholders must have bought the stock before 05 September 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 55% but the company is paying out more than the cash it is generating. Trailing yield: 8.0%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.8%). Announcement • Aug 18
Goldlion Holdings Limited Announces First Interim Dividend for the Six Months Ended June 30, 2022, Payable on 20 September 2023 Goldlion Holdings Limited announced interim dividend of HKD 0.035 per share for the six months ended June 30, 2023. Ex-dividend date is 05 September 2023, Record date is 08 September 2023 and payment date is 20 September 2023. Reported Earnings • Aug 18
First half 2023 earnings released: EPS: HK$0.08 (vs HK$0.084 in 1H 2022) First half 2023 results: EPS: HK$0.08 (down from HK$0.084 in 1H 2022). Revenue: HK$661.2m (up 7.4% from 1H 2022). Net income: HK$78.6m (down 5.2% from 1H 2022). Profit margin: 12% (down from 14% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Announcement • Aug 05
Goldlion Holdings Limited to Report First Half, 2023 Results on Aug 17, 2023 Goldlion Holdings Limited announced that they will report first half, 2023 results on Aug 17, 2023 New Risk • Jun 14
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 12% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 17% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (435% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin). Upcoming Dividend • May 17
Upcoming dividend of HK$0.05 per share at 6.5% yield Eligible shareholders must have bought the stock before 24 May 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.6%). Reported Earnings • Mar 22
Full year 2022 earnings released: EPS: HK$0.16 (vs HK$0.23 in FY 2021) Full year 2022 results: EPS: HK$0.16 (down from HK$0.23 in FY 2021). Revenue: HK$1.42b (up 3.2% from FY 2021). Net income: HK$154.5m (down 30% from FY 2021). Profit margin: 11% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year. Upcoming Dividend • Aug 30
Upcoming dividend of HK$0.035 per share Eligible shareholders must have bought the stock before 06 September 2022. Payment date: 21 September 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 8.2%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.3%). Reported Earnings • Aug 18
First half 2022 earnings released: EPS: HK$0.084 (vs HK$0.08 in 1H 2021) First half 2022 results: EPS: HK$0.084 (up from HK$0.08 in 1H 2021). Revenue: HK$615.5m (up 4.4% from 1H 2021). Net income: HK$82.9m (up 5.0% from 1H 2021). Profit margin: 14% (in line with 1H 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 21% per year. Announcement • Aug 18
Goldlion Holdings Limited Announces First Interim Dividend for the Six Months Ended June 30, 2022, Payable on 21 September 2022 Goldlion Holdings Limited announced interim dividend of HKD 0.035 per share for the six months ended June 30, 2022. Ex-dividend date is 06 September 2022, Record date is 09 September 2022 and payment date is 21 September 2022. Announcement • Aug 06
Goldlion Holdings Limited to Report First Half, 2022 Results on Aug 17, 2022 Goldlion Holdings Limited announced that they will report first half, 2022 results on Aug 17, 2022 Upcoming Dividend • May 17
Upcoming dividend of HK$0.07 per share Eligible shareholders must have bought the stock before 24 May 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 7.4%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.9%). Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: HK$0.23 (vs HK$0.15 in FY 2020) Full year 2021 results: EPS: HK$0.23 (up from HK$0.15 in FY 2020). Revenue: HK$1.37b (up 11% from FY 2020). Net income: HK$221.0m (up 49% from FY 2020). Profit margin: 16% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Aug 24
Upcoming dividend of HK$0.04 per share Eligible shareholders must have bought the stock before 31 August 2021. Payment date: 14 September 2021. Trailing yield: 5.6%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.3%). Upcoming Dividend • May 11
Upcoming dividend of HK$0.065 per share Eligible shareholders must have bought the stock before 18 May 2021. Payment date: 01 June 2021. Trailing yield: 5.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%). Reported Earnings • Apr 16
Full year 2020 earnings released: EPS HK$0.15 (vs HK$0.31 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$1.24b (down 22% from FY 2019). Net income: HK$148.3m (down 52% from FY 2019). Profit margin: 12% (down from 19% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 18% per year. Announcement • Mar 19
Goldlion Holdings Limited Recommends Final Dividend for the Year Ended 31 December 2020, Payable on or About 1 June 2021 The Directors of Goldlion Holdings Limited have recommended the payment of a final dividend of 6.5 cents per share (2019: 9.5 cents per share) for the year ended 31 December 2020, totaling HKD 63,838,000 (2019: HKD 93,301,000). Subject to the shareholders' approval at the forthcoming annual general meeting, the final dividend will be paid on or about 1 June 2021 to shareholders whose names appear on the Register of Members as at 21 May 2021. For the purpose of determining shareholders' entitlement to the proposed final dividend, the Register of Members will be closed on 21 May 2021 to 24 May 2021 (two days), during which period no transfer of shares will be registered. Reported Earnings • Mar 18
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$1.24b (down 22% from FY 2019). Net income: HK$148.3m (down 52% from FY 2019). Profit margin: 12% (down from 19% in FY 2019). Announcement • Mar 18
Goldlion Holdings Limited, Annual General Meeting, May 14, 2021 Goldlion Holdings Limited, Annual General Meeting, May 14, 2021. Announcement • Feb 11
Goldlion Holdings Limited to Report Fiscal Year 2020 Final Results on Mar 17, 2021 Goldlion Holdings Limited announced that they will report fiscal year 2020 final results on Mar 17, 2021 
