Reported Earnings • Jun 20
Full year 2025 earnings released: CN¥0.16 loss per share (vs CN¥9.44 loss in FY 2024) Full year 2025 results: CN¥0.16 loss per share (improved from CN¥9.44 loss in FY 2024). Revenue: CN¥20.4b (down 12% from FY 2024). Net loss: CN¥104.2m (loss narrowed 98% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. New Risk • Jun 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$566.7m (US$72.3m) 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 Risks Shares are highly illiquid. Earnings have declined by 35% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (HK$566.7m market cap, or US$72.3m). Board Change • Jun 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Shun Huang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 05
Fullshare Holdings Limited, Annual General Meeting, Jun 29, 2026 Fullshare Holdings Limited, Annual General Meeting, Jun 29, 2026, at 15:00 China Standard Time. Location: conference room, unit c1, 26th floor, united centre, 95 queensway, admiralty, Hong Kong Announcement • May 18
Fullshare Holdings Limited to Report Fiscal Year 2025 Results on May 29, 2026 Fullshare Holdings Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on May 29, 2026 Announcement • Jan 27
Fullshare Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 132.08 million. Fullshare Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 132.08 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 127,000,000
Price\Range: HKD 1.04
Transaction Features: Subsequent Direct Listing New Risk • Jan 19
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 Hong Kong stocks, typically moving 78% 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 (78% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risks Significant insider selling over the past 3 months (HK$13m sold). Market cap is less than US$100m (HK$356.6m market cap, or US$45.7m). Reported Earnings • Nov 25
First half 2025 earnings released: CN¥0.23 loss per share (vs CN¥2.35 loss in 1H 2024) First half 2025 results: CN¥0.23 loss per share (improved from CN¥2.35 loss in 1H 2024). Revenue: CN¥10.3b (down 3.8% from 1H 2024). Net loss: CN¥148.0m (loss narrowed 90% from 1H 2024). Board Change • Nov 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Shun Huang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Aug 19
Fullshare Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 Fullshare Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Jun 30
Fullshare Holdings Limited Announces Nomination Committee Changes, with Effect from 30 June 2025 The board of directors of Fullshare Holdings Limited announced that Ms. Du Wei, an executive Director, and Mr. Huang Shun, an independent non-executive Director, have been appointed as members of the nomination committee of the Company with effect from 30 June 2025. Following the Appointments, the Nomination Committee comprises two executive Directors, namely Mr. Ji Changqun (being the chairman of the Board and the Nomination Committee) and Ms. Du, and three independent non-executive Directors, namely Mr. Lau Chi Keung, Mr. Tsang Sai Chung and Mr. Huang. The Appointments was made in response to the amendments to the Listing Rules and the Corporate Governance Code as set out in Appendix C1 to the Listing Rules, which will come into effect on 1 July 2025. The Board believes that the Appointments could strengthen the effectiveness and diversity of the Nomination Committee, and further enhances good corporate governance practices of the Company as a whole. Announcement • Jun 02
Fullshare Holdings Limited, Annual General Meeting, Jun 26, 2025 Fullshare Holdings Limited, Annual General Meeting, Jun 26, 2025, at 10:00 China Standard Time. Location: conference room, unit c1, 26th floor, united centre, 95 queensway, admiralty, Hong Kong Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥9.44 loss per share (vs CN¥1.72 loss in FY 2023) Full year 2024 results: CN¥9.44 loss per share (further deteriorated from CN¥1.72 loss in FY 2023). Revenue: CN¥23.1b (down 6.8% from FY 2023). Net loss: CN¥6.01b (loss widened CN¥5.06b from FY 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. Announcement • Mar 25
Fullshare Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2024 Fullshare Holdings Limited provided earnings guidance for the year ended 31 December 2024. On 23 March 2025, the Board inform the shareholders and potential investors of the Company that the Group may (assuming that the Company and its auditors reach an agreement as to the provision of impairments, which such provision of approximately RMB 6,681 million was made by C Transmission as stated in the C Transmission Profit Warning) record a net loss of approximately RMB 7,300 million for the Reporting Year, as compared to the net loss of approximately RMB 455 million for the year ended 31 December 2023. This was mainly attributable to, among other things, (i) the provision of significant impairments of approximately RMB6,681 million for the trade receivables and prepayments of trading business (for details, refer to the announcements issued by the Company on 24 November 2024, 6 February 2025 and 2 March 2025) (however, as at the date of this announcement, regardless of repeated enquiries, the Company has not been provided any information as to the C Transmission's basis of making the provision of significant impairments of RMB 6,681 million.) and (ii) net impairment losses and the loss on change in fair value of properties of the Group located in the People's Republic of China of totaling approximately RMB 720 million recognized during the Reporting Year (Year 2023: loss on change in fair value of approximately RMB 70 million). Announcement • Mar 20
Fullshare Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Fullshare Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Reported Earnings • Sep 29
First half 2024 earnings released: CN¥2.35 loss per share (vs CN¥0.33 loss in 1H 2023) First half 2024 results: CN¥2.35 loss per share (further deteriorated from CN¥0.33 loss in 1H 2023). Revenue: CN¥10.7b (down 7.6% from 1H 2023). Net loss: CN¥1.50b (loss widened CN¥1.32b from 1H 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. Announcement • Aug 30
Jiaxing Fengrui Enterprise Management Partnership (Limited) agreed to acquire 73.33% stake in Nanjing Fullshare Dazu Technology Co., Ltd. from Fullshare Holdings Limited (SEHK:607) for approximately CNY 940 million. Jiaxing Fengrui Enterprise Management Partnership (Limited) agreed to acquire 73.33% stake in Nanjing Fullshare Dazu Technology Co., Ltd. from Fullshare Holdings Limited (SEHK:607) for approximately CNY 940 million on August 29, 2024. The Consideration is in a sum of CNY 950,000,000, being CNY 816,016,582 as payment obligation of the Intra-Group Debt to Jiaxing Fengrui Enterprise, CNY 13 miilion as earnest money and the remaining balance of the Consideration of CNY 120,983,418 shall be paid by the Purchaser to the Vendors in cash within six months or one year following the Completion.
For the period ending December 31, 2023, Nanjing Fullshare Dazu Technology Co., Ltd. reported total revenue of CNY 153.28 million and net loss of CNY 636.43 million. As of December 31, 2023, Nanjing Fullshare Dazu Technology Co., Ltd. reported total common equity of CNY 1.22 billion. The transaction is subject to approval of offer by target shareholders. BaoQiao Partners Capital Limited acted as financial advisor for Fullshare Holdings Limited. Announcement • Aug 20
Fullshare Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 Fullshare Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Jun 24
Fullshare Holdings Limited(SEHK:607) dropped from S&P Global BMI Index Fullshare Holdings Limited(SEHK:607) dropped from S&P Global BMI Index Reported Earnings • Apr 30
Full year 2023 earnings released: CN¥1.72 loss per share (vs CN¥0.67 loss in FY 2022) Full year 2023 results: CN¥1.72 loss per share (further deteriorated from CN¥0.67 loss in FY 2022). Revenue: CN¥24.8b (up 14% from FY 2022). Net loss: CN¥950.5m (loss widened 214% from FY 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. Announcement • Apr 27
Fullshare Holdings Limited, Annual General Meeting, Jun 28, 2024 Fullshare Holdings Limited, Annual General Meeting, Jun 28, 2024, at 10:00 China Standard Time. Location: Conference Room, Unit 2805, Level 28, Admiralty Centre Tower 1, 18 Harcourt Road, Admiralty, Hong Kong Admiralty Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and reports of the directors and auditor of the Company for the year ended 31 December 2023; To re-elect Ms. Du Wei as an executive Director; To re-elect Mr. Shen Chen as an executive Director; To re-elect Mr. Huang Shun as an independent non-executive Director; To authorise the board of Directors to fix the Directors' remuneration. Reported Earnings • Mar 30
Full year 2023 earnings released: CN¥1.72 loss per share (vs CN¥0.67 loss in FY 2022) Full year 2023 results: CN¥1.72 loss per share (further deteriorated from CN¥0.67 loss in FY 2022). Revenue: CN¥24.8b (up 14% from FY 2022). Net loss: CN¥950.5m (loss widened 214% from FY 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. Announcement • Mar 19
Fullshare Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Fullshare Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Nov 06
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 Hong Kong stocks, typically moving 15% 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 Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$477.3m market cap, or US$61.0m). Announcement • Oct 20
Fullshare Holdings Limited announced that it has received HKD 186.5059 million in funding On October 19, 2023, Fullshare Holdings Limited closed the transaction. New Risk • Oct 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$477.3m market cap, or US$61.0m). New Risk • Oct 05
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 Hong Kong stocks, typically moving 11% 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: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$662.9m market cap, or US$84.7m). Reported Earnings • Sep 02
First half 2023 earnings released: CN¥0.007 loss per share (vs CN¥0.005 loss in 1H 2022) First half 2023 results: CN¥0.007 loss per share (further deteriorated from CN¥0.005 loss in 1H 2022). Revenue: CN¥11.6b (up 16% from 1H 2022). Net loss: CN¥172.5m (loss widened 82% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Aug 22
Fullshare Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023 Fullshare Holdings Limited announced that they will report first half, 2023 results on Aug 31, 2023 Announcement • Jun 07
Fullshare Holdings Limited, Annual General Meeting, Jun 30, 2023 Fullshare Holdings Limited, Annual General Meeting, Jun 30, 2023, at 14:30 China Standard Time. Location: Conference Room, Unit 2805, Level 28 Admiralty Centre Tower 1, 18 Harcourt Road Admiralty Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and reports of the directors (the “Director(s)”) and auditor of the Company for the year ended 31 December 2022; to re-elect Mr. Ge Jinzhu as an executive Director; to re-elect Mr. Lau Chi Keung as an independent non-executive Director; to re-elect Mr. Tsang Sai Chung as an independent non-executive Director; to authorize the board of Directors to fix the Directors’ remuneration; to re-appoint Baker Tilly Hong Kong Limited as auditor and to authorize the board of Directors to fix its remuneration; to grant a general mandate to the Directors to issue, allot and otherwise deal with the additional Company’s shares; to grant a general mandate to the Directors to repurchase the Company’s shares; to add the nominal amount of the shares repurchased by the Company to the general mandate granted to the Directors under resolution; and to adopt the new amended and restated memorandum and articles of association of the Company. 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. 4 non-independent directors. Independent Non-Executive Director Shun Huang 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: CN¥0.004 loss per share (vs CN¥0.03 loss in 1H 2021) First half 2022 results: CN¥0.004 loss per share (up from CN¥0.03 loss in 1H 2021). Revenue: CN¥9.98b (down 11% from 1H 2021). Net loss: CN¥94.9m (loss narrowed 84% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Jul 03
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 Shun Huang 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 • May 03
Full year 2021 earnings released: CN¥0.14 loss per share (vs CN¥0.045 loss in FY 2020) Full year 2021 results: CN¥0.14 loss per share (down from CN¥0.045 loss in FY 2020). Revenue: CN¥21.3b (up 32% from FY 2020). Net loss: CN¥2.69b (loss widened 200% from FY 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2021 earnings released: CN¥0.14 loss per share (vs CN¥0.045 loss in FY 2020) Full year 2021 results: CN¥0.14 loss per share (down from CN¥0.045 loss in FY 2020). Revenue: CN¥21.3b (up 32% from FY 2020). Net loss: CN¥2.69b (loss widened 200% from FY 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 03
First half 2021 earnings released: CN¥0.03 loss per share (vs CN¥0.033 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: CN¥11.2b (up 93% from 1H 2020). Net loss: CN¥581.2m (loss narrowed 9.9% from 1H 2020). Reported Earnings • May 02
Full year 2020 earnings released: CN¥0.045 loss per share (vs CN¥0.15 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CN¥16.2b (up 45% from FY 2019). Net loss: CN¥894.3m (loss narrowed 69% from FY 2019). Reported Earnings • Apr 02
Full year 2020 earnings released: CN¥0.045 loss per share (vs CN¥0.15 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CN¥16.2b (up 45% from FY 2019). Net loss: CN¥894.3m (loss narrowed 69% from FY 2019). Is New 90 Day High Low • Jan 12
New 90-day high: HK$0.21 The company is up 21% from its price of HK$0.17 on 14 October 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 16% over the same period. Is New 90 Day High Low • Jan 08
New 90-day high: HK$0.20 The company is up 18% from its price of HK$0.17 on 09 October 2020. The Hong Kong market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 15% over the same period. Reported Earnings • Sep 24
First half earnings released Over the last 12 months the company has reported total losses of CN¥882.5m, with losses narrowing by 86% from the prior year. Total revenue was CN¥12.1b over the last 12 months, up 8.3% from the prior year.