Board Change • Aug 04
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. 2 highly experienced directors. Executive Director Andrew Tong was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.59m (US$9.81m) 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 (17% average weekly change). High level of non-cash earnings (49% accrual ratio). Market cap is less than US$10m (€8.59m market cap, or US$9.81m). New Risk • May 29
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). High level of non-cash earnings (49% accrual ratio). Minor Risk Market cap is less than US$100m (€13.1m market cap, or US$15.3m). New Risk • May 28
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 49% 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 (49% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (€15.5m market cap, or US$18.1m). Announcement • Apr 29
Suncorp Technologies Limited, Annual General Meeting, Jun 23, 2026 Suncorp Technologies Limited, Annual General Meeting, Jun 23, 2026, at 16:30 China Standard Time. Location: portion 2, 12/f., the center, 99 queens road central, Hong Kong Announcement • Mar 12
Suncorp Technologies Limited to Report Fiscal Year 2025 Results on Mar 24, 2026 Suncorp Technologies Limited announced that they will report fiscal year 2025 results on Mar 24, 2026 Announcement • Aug 15
Suncorp Technologies Limited to Report First Half, 2025 Results on Aug 26, 2025 Suncorp Technologies Limited announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Apr 30
Suncorp Technologies Limited, Annual General Meeting, Jun 24, 2025 Suncorp Technologies Limited, Annual General Meeting, Jun 24, 2025, at 16:30 China Standard Time. Location: portion 2, 12/floor, the center, 99 queen`s road central, Hong Kong Announcement • Mar 14
Suncorp Technologies Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Suncorp Technologies Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Oct 02
First half 2024 earnings released: HK$0.025 loss per share (vs HK$0.014 loss in 1H 2023) First half 2024 results: HK$0.025 loss per share (further deteriorated from HK$0.014 loss in 1H 2023). Revenue: HK$17.2m (down 58% from 1H 2023). Net loss: HK$38.8m (loss widened 85% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Announcement • Aug 20
Suncorp Technologies Limited to Report First Half, 2024 Results on Aug 30, 2024 Suncorp Technologies Limited announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • May 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 41% 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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (41% accrual ratio). Minor Risk Market cap is less than US$100m (€24.5m market cap, or US$26.4m). Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: HK$0.026 (vs HK$0.037 loss in FY 2022) Full year 2023 results: EPS: HK$0.026 (up from HK$0.037 loss in FY 2022). Revenue: HK$66.3m (down 48% from FY 2022). Net income: HK$40.1m (up HK$97.1m from FY 2022). Profit margin: 60% (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 60% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Mar 15
Suncorp Technologies Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 Suncorp Technologies Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 New Risk • Feb 01
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 18% 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 (18% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€29.0m market cap, or US$31.3m). Announcement • Sep 26
Suncorp Technologies Limited Announces Resignation of Chow Hei Yin Terry as Executive Director Suncorp Technologies Limited announced that with effect from 25 September 2023, Mr. Chow Hei Yin Terry has tendered his resignation as an executive Director due to his other business commitments. Reported Earnings • Sep 04
First half 2023 earnings released: HK$0.014 loss per share (vs HK$0.029 loss in 1H 2022) First half 2023 results: HK$0.014 loss per share (improved from HK$0.029 loss in 1H 2022). Revenue: HK$40.8m (down 37% from 1H 2022). Net loss: HK$21.0m (loss narrowed 53% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 23% per year. Announcement • Aug 24
Suncorp Technologies Limited to Report First Half, 2023 Results on Aug 30, 2023 Suncorp Technologies Limited announced that they will report first half, 2023 results on Aug 30, 2023 Announcement • Jul 07
Suncorp Technologies Limited Announces Appointment of Executive Director The board of directors of SunCorp Technologies Limited announced that Mr. Tong Hei Ming Andrew ("Mr. Tong") has been appointed as an executive Director with effect from 6 July 2023. Mr. Tong, aged 66, graduated from The London School of Economics and Political Science in 1979. Mr. Tong was a former committee member of the Asset Management Association of China and is currently a member of the Hong Kong Securities Association. Mr. Tong has extensive experience in securities, fund operations and asset management. During the past 40 years, he was employed as key positions in multiple large international banks and fund management companies, including but not limited to, Hong Kong and Japan branches of Citibank, Hong Kong and Australia branches of Lehman Brothers Holdings Inc., Japan branch of JP Morgan, Standard Chartered Bank, BNP Paribas Asset Management and UBP Asset Management Asia Ltd. Mr. Tong has not entered into a service agreement with the Company but he is subject to re- election in accordance with the bye-laws of the Company. He is entitled to director's remuneration of HKD 20,000 per month, which is determined with recommendation of the remuneration committee of the Company with reference to his duties, responsibilities, qualifications, experiences and the prevailing market conditions. Announcement • May 20
Suncorp Technologies Limited, Annual General Meeting, Jun 23, 2023 Suncorp Technologies Limited, Annual General Meeting, Jun 23, 2023, at 16:30 China Standard Time. Location: Portion 2, 12/F., The Center, 99 Queen's Road Central, Hong Kong Central Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements for the year ended 31 December 2022 and the reports of the directors of the Company; to consider directorate reelections; to authorize the board of Directors to fix the Directors' remuneration; to consider to re-appoint McMillian Woods (Hong Kong) CPA Limited as the auditors of the Company and to authorize the Board to fix their remuneration; and to consider other matters. Reported Earnings • Aug 26
First half 2022 earnings released: HK$0.029 loss per share (vs HK$0.001 loss in 1H 2021) First half 2022 results: HK$0.029 loss per share (down from HK$0.001 loss in 1H 2021). Revenue: HK$64.9m (down 36% from 1H 2021). Net loss: HK$44.2m (loss widened HK$43.3m from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Announcement • Aug 13
Suncorp Technologies Limited to Report First Half, 2022 Results on Aug 25, 2022 Suncorp Technologies Limited announced that they will report first half, 2022 results on Aug 25, 2022 Announcement • May 21
Suncorp Technologies Limited, Annual General Meeting, Jun 24, 2022 Suncorp Technologies Limited, Annual General Meeting, Jun 24, 2022, at 15:00 China Standard Time. Location: Portion 2, 12/F., The Center, 99 Queen's Road Central Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements for the year ended 31 December 2021 and the reports of the directors and the auditors; to re-elect Mr. Man Yuan as an independent non-executive director; to re-elect Mr. Ma Kin Ling as an independent non-executive director; to authorize the board of directors to fix the directors' remuneration; to re-appoint auditors and to authorize the board of directors to fix their remuneration; to grant a general mandate to the directors of the Company to issue shares; to grant a general mandate to directors of the company to repurchase Shares; and to extend the general mandate to the directors of the Company to issue shares. Reported Earnings • Apr 01
Full year 2021 earnings released: HK$0.051 loss per share (vs HK$0.085 loss in FY 2020) Full year 2021 results: HK$0.051 loss per share (up from HK$0.085 loss in FY 2020). Revenue: HK$200.0m (up 15% from FY 2020). Net loss: HK$58.8m (loss narrowed 16% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Sep 03
First half 2021 earnings released: HK$0.001 loss per share (vs HK$0.017 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: HK$101.1m (up 10% from 1H 2020). Net loss: HK$946.0k (loss narrowed 93% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Announcement • Aug 04
Suncorp Technologies Limited has completed a Follow-on Equity Offering in the amount of HKD 58 million. Suncorp Technologies Limited has completed a Follow-on Equity Offering in the amount of HKD 58 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 580,000,000
Price\Range: HKD 0.1
Discount Per Security: HKD 0.0025
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 27
Full year 2020 earnings released: HK$0.085 loss per share (vs HK$0.056 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: HK$173.7m (down 14% from FY 2019). Net loss: HK$70.1m (loss widened 64% from FY 2019). 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 25% per year, which means it is significantly lagging earnings. Announcement • Mar 13
Suncorp Technologies Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Suncorp Technologies Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Announcement • Jan 01
Suncorp Technologies Limited Announces Director Changes The board of directors of SunCorp Technologies Limited announced that with effect from 31 December 2020, Mr. Malcolm Stephen Jacobs-Paton ("Mr. Jacobs-Paton") has tendered his resignation as an executive director of the Company due to other business engagements. The Board of the Company announced that with effect from 31 December 2020, Ms. Lu Bei Lin ("Ms. Lu") has resigned as an independent non-executive director of the Company due to other business engagements. Following Ms. Lu's resignation, she has also ceased to be the member of the audit committee of the Company with effect from that date. The Board of the Company announced that, with effect from 31 December 2020, Mr. Chow Hei Yin Terry has been appointed as an executive director of the Company. Mr. Chow has more than twenty years of experience in relation to business development and sales and marketing. He also has extensive experience in business administration and entrepreneurial management. Prior to joining the Group, Mr. Chow is a director of a local company engaging in the trading of Chinese medicine and Mr. Chow is mainly
responsible for the sales and marketing of the company. Mr. Chow is currently the vice-president of The Hong Kong Medicine Dealers' Guild. Announcement • Aug 26
Suncorp Technologies Limited has completed a Follow-on Equity Offering in the amount of HKD 13.6935 million. Suncorp Technologies Limited has completed a Follow-on Equity Offering in the amount of HKD 13.6935 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 152,150,000
Price\Range: HKD 0.09
Discount Per Security: HKD 0.00225
Transaction Features: Subsequent Direct Listing Announcement • Aug 22
Suncorp Technologies Limited to Report First Half, 2020 Results on Aug 27, 2020 Suncorp Technologies Limited announced that they will report first half, 2020 results on Aug 27, 2020 
