Board Change • May 20
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. 4 non-independent directors. Independent Non-Executive Director Guolin Tang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • May 20
Dividend of HK$0.05 announced Shareholders will receive a dividend of HK$0.05. Ex-date: 28th May 2026 Payment date: 17th June 2026 Dividend yield will be 61%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (30% 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 12% to shift the payout ratio to a potentially unsustainable range, which is less than the 22% EPS decline seen over the last 5 years. Announcement • Mar 20
Goldpac Group Limited, Annual General Meeting, May 19, 2026 Goldpac Group Limited, Annual General Meeting, May 19, 2026. Announcement • Mar 06
Goldpac Group Limited to Report Fiscal Year 2025 Results on Mar 19, 2026 Goldpac Group Limited announced that they will report fiscal year 2025 results on Mar 19, 2026 Announcement • Aug 09
Goldpac Group Limited to Report First Half, 2025 Results on Aug 20, 2025 Goldpac Group Limited announced that they will report first half, 2025 results on Aug 20, 2025 Announcement • Mar 28
Goldpac Group Limited, Annual General Meeting, May 22, 2025 Goldpac Group Limited, Annual General Meeting, May 22, 2025. Announcement • Mar 14
Goldpac Group Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Goldpac Group Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 Reported Earnings • Sep 25
First half 2024 earnings released: EPS: CN¥0.038 (vs CN¥0.093 in 1H 2023) First half 2024 results: EPS: CN¥0.038 (down from CN¥0.093 in 1H 2023). Revenue: CN¥542.0m (down 27% from 1H 2023). Net income: CN¥31.1m (down 59% from 1H 2023). Profit margin: 5.7% (down from 10% in 1H 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Aug 26
First half 2024 earnings released: EPS: CN¥0.038 (vs CN¥0.093 in 1H 2023) First half 2024 results: EPS: CN¥0.038 (down from CN¥0.093 in 1H 2023). Revenue: CN¥542.0m (down 27% from 1H 2023). Net income: CN¥31.1m (down 59% from 1H 2023). Profit margin: 5.7% (down from 10% in 1H 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Announcement • Aug 09
Goldpac Group Limited to Report First Half, 2024 Results on Aug 20, 2024 Goldpac Group Limited announced that they will report first half, 2024 results on Aug 20, 2024 Announcement • Jul 08
Goldpac Group Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2024 Goldpac Group Limited provided consolidated earnings guidance for the six months ended 30 June 2024. For the period, the Board expects to record a decrease in the profit attributable to owners of the Company by approximately 60% to 70% for the six months ended 30 June 2024 as compared to the profit attributable to owners of the Company for the six months ended 30 June 2023 (which was approximately HKD 75 million). The decrease in profit attributable to owners of the Company for the six months ended 30 June 2024 wasprimarily due to (i) the intensified competition in the banking industry in the Chinese mainland, which focused on the existing users market in the first half of 2024 and resulted in a decrease in both the sales price and sales volume of the Group's products; (ii) the longer-than-expected procurement cycles of the customers outside the Chinese mainland, which impacted the sales orders placed by customers in markets outside the Chinese mainland; and (iii) the increasing investment in the digital transformation of the Group. Buy Or Sell Opportunity • Jul 02
Now 37% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to €0.13. The fair value is estimated to be €0.21, 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, while earnings per share has been flat. Upcoming Dividend • May 23
Upcoming dividend of HK$0.14 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 9.4%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.5%). Announcement • May 15
Goldpac Returns to Seamless Dubai 2024 Beneath a lush vine canopy, a captivating card gallery highlights Goldpac's strengthened capabilities towards environmental developments. Showcased eco-friendly materials include recycled PVC, PLA, PETG, metal, and other inventive materials. Premium and intricate card designs offer unique branding elements while engaging consumer interest and driving utilisation with stunning effects such as LED, encrusted diamonds, and digital wallets. Telecom SIM cards are also featured as the company makes its rollout into the wider telecom industry. Visitors will see a host of desktop card issuance solutions applicable to a wide range of industries. One of which is a compact, all-in-one card issuance printer (PIE001) equipped with a built-in PC and touchscreen. A staff card issuance demonstration highlights its account onboarding capabilities and a variety of card-related functions including intelligent ID photo capture. Where creativity meets technology, the on-demand DIY card printer (DCE160) allows users to create and print unique imagery either by uploading a picture or using Goldpac's mobile AI content generator. All images run through the AI-powered GoldAudit rules-based content verification service before printing. A streamlined payment card account onboarding process begins on the smart terminal (SST502). The terminal integrates multiple devices into one, encompassing biometric, identification, and document scanning along with numerous account administrative operations and receipt printing. After onboarding, visitors approach the self-service kiosk (ACE301) to instantly issue their chosen payment card selected during onboarding. This self-service consumer journey mitigates long queues and reduces in-branch traffic. Finally, Goldpac will be demonstrating its UMV issuer and distributor order processing and management automation platform and the YoMee payment card ordering app. This app opens a direct channel to consumers, helping issuers promote their product offerings more efficiently and cost effectively whilst leveraging use of social media. Both focus on addressing the rising trend for mass customisation. Buy Or Sell Opportunity • Apr 22
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to €0.13. The fair value is estimated to be €0.18, 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, while earnings per share has been flat. New Risk • Mar 26
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 German stocks, typically moving 7.5% 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 Earnings have declined by 5.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.18 in FY 2022) Full year 2023 results: EPS: CN¥0.16 (down from CN¥0.18 in FY 2022). Revenue: CN¥1.42b (down 7.4% from FY 2022). Net income: CN¥132.1m (down 10% from FY 2022). Profit margin: 9.3% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Mar 08
Goldpac Group Limited to Report Fiscal Year 2023 Results on Mar 20, 2024 Goldpac Group Limited announced that they will report fiscal year 2023 results on Mar 20, 2024 Announcement • Nov 29
Goldpac Group Limited Debuts Innovative Software Platforms at Trustech Paris 2023 Goldpac Group Limited is introducing two innovative service platforms; a B2B and consumer online management portal, UMV; and DTS, a personalization bureau management system. Available also are a selection of payment solutions including self-service kiosks, desktop smart terminals and printers, SIM and superlative card finishings. DTS (Data Task System) is a bureau-grade management solution designed for in-house, in-source, or remote applications. It is a highly secure and scalable platform which streamlines inter-department operations by coordinating data processing tasks, production, quality control, and shipping activities while addressing increasing demand for customized cards. The system helps to reduce production errors from non-automated workflows and enhances production lead times by removing inefficiencies. It allows organizations to gain deeper insights into production patterns and details. The system currently powers the single-site personalization center with an annual output of over 400 million cards. UMV offers issuers and distributors an extensive card gallery, smart design tools, comprehensive comparison of bank card benefits, and order processing automation to help accelerate the sales cycle. Automated tasks from the ordering platform reduces manual processing to improve accuracy of documentation and allows for faster, more efficient order handling. Consumers get a host of payment card related services helping them to choose and select the right card product and issuer for their needs. Furthermore, UMV is fully connected to DTS to enable the management of product life-cycles. It also opens up a new channel for customer acquisition for partnering banks. Visitors can also experience a complete self-service card issuance journey starting with the onboarding process on the multifaceted smart terminal (SST502). Convenient and feature rich, it integrates identification, document scanning, and numerous account administrative operations onto one device. Visitors can then approach the self-service kiosk (ACE301) to instantly issue the chosen payment card selected during onboarding. A host of desktop card issuance solutions will also be showcased including the compact, all-in-one onboarding and card issuance printer (PIE001) with edge computing processing in collaboration with Marvel Digital AI. Visitors can realize their creativity with AI-driven image generation using the on-demand DIY card printer (DCE160). Telecom SIM cards are also featured as the company makes its first rollout into the wider telecom industry. Also showcased are captivating premium card effects, finishings, eco-friendly materials, LED, encrusted diamonds and more. Reported Earnings • Aug 23
First half 2023 earnings released: EPS: CN¥0.093 (vs CN¥0.093 in 1H 2022) First half 2023 results: EPS: CN¥0.093 (in line with 1H 2022). Revenue: CN¥745.9m (up 5.1% from 1H 2022). Net income: CN¥75.4m (flat on 1H 2022). Profit margin: 10% (in line with 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 increased by 5% per year, which means it is well ahead of earnings. Announcement • Aug 11
Goldpac Group Limited to Report First Half, 2023 Results on Aug 22, 2023 Goldpac Group Limited announced that they will report first half, 2023 results on Aug 22, 2023 New Risk • Aug 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 German stocks, typically moving 8.7% 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 Earnings have declined by 5.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Upcoming Dividend • May 23
Upcoming dividend of HK$0.16 per share at 9.2% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 9.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%). Announcement • May 16
Goldpac Group Limited Approves Special Dividend for the Year Ended 31 December 2022 Goldpac Group Limited announced that at the annual general meeting of the Company held on 15 May 2023 approved To declare a special dividend of Hong Kong 4.0 cents (equivalent to approximately RMB 3.5 cents) per Share for the year ended 31 December 2022. Reported Earnings • Mar 22
Full year 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.17 in FY 2021) Full year 2022 results: EPS: CN¥0.18 (up from CN¥0.17 in FY 2021). Revenue: CN¥1.53b (up 11% from FY 2021). Net income: CN¥147.4m (up 6.7% from FY 2021). Profit margin: 9.6% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. 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. 6 non-independent directors. Independent Non-Executive Director Tung Kwok Lai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 18
First half 2022 earnings released: EPS: CN¥0.093 (vs CN¥0.084 in 1H 2021) First half 2022 results: EPS: CN¥0.093 (up from CN¥0.084 in 1H 2021). Revenue: CN¥709.4m (up 14% from 1H 2021). Net income: CN¥75.8m (up 9.7% from 1H 2021). Profit margin: 11% (in line with 1H 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 6% per year. Announcement • Aug 17
Goldpac Group Limited Does Not Recommend the Payment of Interim Dividend in Respect of the Six Months Ended 30 June 2022 The board of Goldpac Group Limited does not recommend the payment of interim dividend in respect of the six months ended 30 June 2022 (for the six months ended 30 June 2021: 2.5 HK cents (equivalent to approximately RMB 2.1 cents)). However, the company will continue to execute the dividend policy. Upcoming Dividend • May 25
Upcoming dividend of HK$0.14 per share Eligible shareholders must have bought the stock before 01 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 8.3%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (1.8%). 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 Geng Yang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.17 (down from CN¥0.18 in FY 2020). Revenue: CN¥1.38b (up 7.4% from FY 2020). Net income: CN¥138.2m (down 5.1% from FY 2020). Profit margin: 10.0% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 10% per year. Announcement • Mar 06
Goldpac Group Limited to Report Fiscal Year 2021 Results on Mar 15, 2022 Goldpac Group Limited announced that they will report fiscal year 2021 results on Mar 15, 2022 Upcoming Dividend • Aug 26
Upcoming dividend of HK$0.025 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 28 September 2021. Trailing yield: 11%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 21
First half 2021 earnings released: EPS CN¥0.084 (vs CN¥0.099 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CN¥619.7m (up 12% from 1H 2020). Net income: CN¥69.1m (down 16% from 1H 2020). Profit margin: 11% (down from 15% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 6% per year. Upcoming Dividend • May 27
Upcoming dividend of HK$0.14 per share Eligible shareholders must have bought the stock before 03 June 2021. Payment date: 30 June 2021. Trailing yield: 8.8%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%). Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.21 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.28b (down 9.4% from FY 2019). Net income: CN¥145.7m (down 18% from FY 2019). Profit margin: 11% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. 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 • Apr 15
Goldpac Group Limited Proposes Special Dividend for the Year Ended December 31, 2020 Goldpac Group Limited at its annual general meeting to be held on May 13, 2021 proposed special dividend of 4.0 hong kong cents per ordinary share for the year ended December 31, 2020. Announcement • Mar 25
Goldpac Group Limited Proposes Special Dividend for the Year Ended 31 December 2020 The board of Goldpac Group Limited proposed to declare a special dividend of 4 Hong Kong cents per ordinary share for the year ended 31 December 2020. If this proposal is approved by the shareholders of the company at the forthcoming annual general meeting. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.21 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.28b (down 9.4% from FY 2019). Net income: CN¥145.7m (down 18% from FY 2019). Profit margin: 11% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year. Announcement • Mar 12
Goldpac Group Limited to Report Fiscal Year 2020 Results on Mar 24, 2021 Goldpac Group Limited announced that they will report fiscal year 2020 results on Mar 24, 2021 Is New 90 Day High Low • Feb 16
New 90-day high: €0.29 The company is up 144% from its price of €0.12 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 40% over the same period. Is New 90 Day High Low • Jan 18
New 90-day high: €0.21 The company is up 79% from its price of €0.12 on 20 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 7.0% over the same period. Announcement • Dec 30
IDEX Biometrics ASA and Partner Goldpac Group Limited Achieve China Union Pay Certification for Dual Interface Biometric Payment Cards IDEX Biometrics ASA announced that its dual interface technology is included in a biometric payment card certified by China Union Pay (CUP). The certification was achieved with Goldpac Group Ltd. This is the second CUP certified biometric payment card that uses IDEX's fingerprint sensors and biometric solutions. The certification was conducted by the Bank Card Testing Center in Beijing and is the preliminary step to obtaining a Letter of Approval from CUP. Reported Earnings • Sep 19
First half earnings released Over the last 12 months the company has reported total profits of CN¥171.5m, down 2.8% from the prior year. Total revenue was CN¥1.31b over the last 12 months, down 8.1% from the prior year. Announcement • Aug 06
Goldpac Group Limited to Report First Half, 2020 Results on Aug 17, 2020 Goldpac Group Limited announced that they will report first half, 2020 results on Aug 17, 2020