New Risk • Jan 15
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 10% 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 Risks High level of non-cash earnings (100% accrual ratio). Market cap is less than US$10m (HK$58.0m market cap, or US$7.44m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Nov 25
First half 2026 earnings released: EPS: HK$0.007 (vs HK$0.011 in 1H 2025) First half 2026 results: EPS: HK$0.007 (down from HK$0.011 in 1H 2025). Revenue: HK$35.1m (down 24% from 1H 2025). Net income: HK$7.43m (down 32% from 1H 2025). Profit margin: 21% (down from 24% in 1H 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year. Announcement • Nov 11
IMS Group Holdings Limited to Report First Half, 2026 Results on Nov 21, 2025 IMS Group Holdings Limited announced that they will report first half, 2026 results on Nov 21, 2025 Reported Earnings • Jul 25
Full year 2025 earnings released: EPS: HK$0.009 (vs HK$0.015 in FY 2024) Full year 2025 results: EPS: HK$0.009 (down from HK$0.015 in FY 2024). Revenue: HK$68.6m (down 20% from FY 2024). Net income: HK$9.43m (down 39% from FY 2024). Profit margin: 14% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. 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 • Jul 22
IMS Group Holdings Limited, Annual General Meeting, Aug 22, 2025 IMS Group Holdings Limited, Annual General Meeting, Aug 22, 2025, at 10:30 China Standard Time. Location: unit 1201, 12/f, block c, seaview estate, no. 8 watson road, north point, Hong Kong Reported Earnings • Jun 21
Full year 2025 earnings released: EPS: HK$0.009 (vs HK$0.015 in FY 2024) Full year 2025 results: EPS: HK$0.009 (down from HK$0.015 in FY 2024). Revenue: HK$68.6m (down 20% from FY 2024). Net income: HK$9.43m (down 39% from FY 2024). Profit margin: 14% (down from 18% in FY 2024). The decrease in margin was driven by lower revenue. 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 12% per year, which means it is significantly lagging earnings. Announcement • Jun 10
IMS Group Holdings Limited to Report Fiscal Year 2025 Results on Jun 20, 2025 IMS Group Holdings Limited announced that they will report fiscal year 2025 results on Jun 20, 2025 New Risk • Mar 24
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: Major Risk Market cap is less than US$10m (HK$46.0m market cap, or US$5.92m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Dec 09
First half 2025 earnings released: EPS: HK$0.011 (vs HK$0.017 in 1H 2024) First half 2025 results: EPS: HK$0.011 (down from HK$0.017 in 1H 2024). Revenue: HK$45.8m (down 16% from 1H 2024). Net income: HK$10.9m (down 37% from 1H 2024). Profit margin: 24% (down from 32% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year. Announcement • Nov 05
IMS Group Holdings Limited to Report First Half, 2025 Results on Nov 15, 2024 IMS Group Holdings Limited announced that they will report first half, 2025 results on Nov 15, 2024 Announcement • Jul 22
IMS Group Holdings Limited, Annual General Meeting, Aug 23, 2024 IMS Group Holdings Limited, Annual General Meeting, Aug 23, 2024, at 10:30 China Standard Time. Location: unit 1201, 12/f, block c, seaview estate, no. 8 watson road, north point, Hong Kong Reported Earnings • Jun 22
Full year 2024 earnings released: EPS: HK$0.016 (vs HK$0.006 in FY 2023) Full year 2024 results: EPS: HK$0.016 (up from HK$0.006 in FY 2023). Revenue: HK$85.6m (up 17% from FY 2023). Net income: HK$15.5m (up 152% from FY 2023). Profit margin: 18% (up from 8.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Jun 13
IMS Group Holdings Limited to Report Fiscal Year 2024 Results on Jun 21, 2024 IMS Group Holdings Limited announced that they will report fiscal year 2024 results on Jun 21, 2024 New Risk • May 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Market cap is less than US$10m (HK$54.0m market cap, or US$6.91m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Board Change • Feb 01
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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Chun Hung Li was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 14
Second quarter 2024 earnings released: EPS: HK$0.008 (vs HK$0.005 in 2Q 2023) Second quarter 2024 results: EPS: HK$0.008 (up from HK$0.005 in 2Q 2023). Revenue: HK$28.8m (up 39% from 2Q 2023). Net income: HK$8.41m (up 55% from 2Q 2023). Profit margin: 29% (up from 26% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Nov 01
IMS Group Holdings Limited to Report First Half, 2024 Results on Nov 11, 2023 IMS Group Holdings Limited announced that they will report first half, 2024 results on Nov 11, 2023 Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: HK$0.009 (vs HK$0.006 in 1Q 2023) First quarter 2024 results: EPS: HK$0.009 (up from HK$0.006 in 1Q 2023). Revenue: HK$25.6m (up 5.3% from 1Q 2023). Net income: HK$8.83m (up 47% from 1Q 2023). Profit margin: 34% (up from 25% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Jul 29
IMS Group Holdings Limited to Report Q1, 2024 Results on Aug 09, 2023 IMS Group Holdings Limited announced that they will report Q1, 2024 results at 4:00 PM, China Standard Time on Aug 09, 2023 Announcement • Jul 23
IMS Group Holdings Limited, Annual General Meeting, Aug 23, 2023 IMS Group Holdings Limited, Annual General Meeting, Aug 23, 2023, at 10:30 China Standard Time. Location: Unit 1201, 12/F, Block C, Seaview Estate, No. 8 Watson Road North Point Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and the reports of the directors of the Company and independent auditors of the Company and its subsidiaries for the year ended 31 March 2023; to consider and approve of the re-election of the retiring Directors; to re-appoint Mazars CPA Limited as the independent auditors and fix the auditor remuneration; to consider and approve of the grant of the Issue Mandate; to consider and approve of the grant of the Repurchase Mandate and Extension Mandate; and to consider and approve of the Proposed Amendments and the proposed adoption of the Second Amended and Restated Memorandum and Articles of Association. Reported Earnings • Jun 22
Full year 2023 earnings released: EPS: HK$0.006 (vs HK$0.011 in FY 2022) Full year 2023 results: EPS: HK$0.006 (down from HK$0.011 in FY 2022). Revenue: HK$73.4m (down 7.0% from FY 2022). Net income: HK$6.13m (down 46% from FY 2022). Profit margin: 8.3% (down from 14% in FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Jun 13
IMS Group Holdings Limited to Report Fiscal Year 2023 Results on Jun 21, 2023 IMS Group Holdings Limited announced that they will report fiscal year 2023 results on Jun 21, 2023 Buying Opportunity • Apr 17
Now 21% undervalued Over the last 90 days, the stock is up 2.5%. The fair value is estimated to be HK$0.052, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 35%. Buying Opportunity • Mar 30
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 9.5%. The fair value is estimated to be HK$0.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 35%. Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: HK$0.001 (vs HK$0.002 in 3Q 2022) Third quarter 2023 results: EPS: HK$0.001 (down from HK$0.002 in 3Q 2022). Revenue: HK$20.6m (up 3.5% from 3Q 2022). Net income: HK$957.0k (down 49% from 3Q 2022). Profit margin: 4.6% (down from 9.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Feb 08
Insider recently bought HK$253k worth of stock On the 3rd of February, Man Hong Wan bought around 7m shares on-market at roughly HK$0.038 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$1.8m more in shares than they bought in the last 12 months. Announcement • Jan 28
IMS Group Holdings Limited to Report Q3, 2023 Results on Feb 09, 2023 IMS Group Holdings Limited announced that they will report Q3, 2023 results at 4:00 PM, China Standard Time on Feb 09, 2023 Recent Insider Transactions • Nov 16
Insider recently sold HK$885k worth of stock On the 8th of November, Hung Ying sold around 18m shares on-market at roughly HK$0.05 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$3.4m more than they bought in the last 12 months. Recent Insider Transactions • Nov 12
Insider recently sold HK$885k worth of stock On the 8th of November, Hung Ying sold around 18m shares on-market at roughly HK$0.05 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$3.4m more than they bought in the last 12 months. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: HK$0.005 (vs HK$0.008 in 2Q 2022) Second quarter 2023 results: EPS: HK$0.005 (down from HK$0.008 in 2Q 2022). Revenue: HK$20.7m (down 10.0% from 2Q 2022). Net income: HK$5.43m (down 31% from 2Q 2022). Profit margin: 26% (down from 34% in 2Q 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 21% per year, which means it is significantly lagging earnings. Announcement • Oct 30
IMS Group Holdings Limited to Report First Half, 2023 Results on Nov 09, 2022 IMS Group Holdings Limited announced that they will report first half, 2023 results on Nov 09, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: HK$0.006 (vs HK$0.005 in 1Q 2022) First quarter 2023 results: EPS: HK$0.006 (up from HK$0.005 in 1Q 2022). Revenue: HK$24.4m (up 14% from 1Q 2022). Net income: HK$6.00m (up 9.9% from 1Q 2022). Profit margin: 25% (down from 26% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Jul 30
IMS Group Holdings Limited to Report Q1, 2023 Results on Aug 09, 2022 IMS Group Holdings Limited announced that they will report Q1, 2023 results on Aug 09, 2022 Reported Earnings • Jun 22
Full year 2022 earnings released: EPS: HK$0.011 (vs HK$0.005 in FY 2021) Full year 2022 results: EPS: HK$0.011 (up from HK$0.005 in FY 2021). Revenue: HK$78.9m (up 42% from FY 2021). Net income: HK$11.4m (up 109% from FY 2021). Profit margin: 14% (up from 9.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Jun 10
IMS Group Holdings Limited to Report Fiscal Year 2022 Results on Jun 21, 2022 IMS Group Holdings Limited announced that they will report fiscal year 2022 results on Jun 21, 2022 Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: HK$0.002 (down from HK$0.005 in 3Q 2021). Revenue: HK$19.9m (up 5.7% from 3Q 2021). Net income: HK$1.87m (down 65% from 3Q 2021). Profit margin: 9.4% (down from 28% in 3Q 2021). 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 increased by 30% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Feb 08
IMS Group Holdings Limited Provides Earnings Guidance for the Nine Months Ended 31 December 2021 The board of directors of the IMS Group Holdings Limited announced that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the nine months ended 31 December 2021 and information currently available to the Company, the Group expects to record a profit attributable to equity holders of the company for the nine months ended 31 December 2021 of approximately HKD 15.2 million as compared to approximately HKD 4.8 million for the corresponding period in 2020. Recent Insider Transactions • Jan 19
Insider recently sold HK$93k worth of stock On the 13th of January, Hung Ying sold around 2m shares on-market at roughly HK$0.052 per share. In the last 3 months, they made an even bigger sale worth HK$2.4m. Insiders have been net sellers, collectively disposing of HK$2.5m more than they bought in the last 12 months. Recent Insider Transactions • Dec 19
Insider recently sold HK$2.4m worth of stock On the 14th of December, Hung Ying sold around 39m shares on-market at roughly HK$0.062 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS HK$0.008 (vs HK$0.002 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: HK$23.0m (up 217% from 2Q 2021). Net income: HK$7.83m (up HK$9.68m from 2Q 2021). Profit margin: 34% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. 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 29% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 11
First quarter 2022 earnings released: EPS HK$0.006 (vs HK$0.001 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: HK$21.3m (up 85% from 1Q 2021). Net income: HK$5.46m (up 319% from 1Q 2021). Profit margin: 26% (up from 11% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • Aug 08
IMS Group Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Three Months Ended June 30, 2021 IMS Group Holdings Limited provided unaudited consolidated earnings guidance for the three months ended June 30, 2021. For the three months, the Group expects to record a profit attributable to equity holders of the company for the three months ended 30 June 2021 of approximately HKD 5.5 million as compared to approximately HKD 1.3 million for the corresponding period in 2020. Reported Earnings • Jun 23
Full year 2021 earnings released: EPS HK$0.005 (vs HK$0.005 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$55.6m (down 9.4% from FY 2020). Net income: HK$5.43m (up 8.9% from FY 2020). Profit margin: 9.8% (up from 8.1% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS HK$0.005 (vs HK$0.001 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: HK$18.8m (up 31% from 3Q 2020). Net income: HK$5.31m (up HK$4.76m from 3Q 2020). Profit margin: 28% (up from 3.8% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Announcement • Jan 27
IMS Group Holdings Limited to Report Q3, 2021 Results on Feb 05, 2021 IMS Group Holdings Limited announced that they will report Q3, 2021 results on Feb 05, 2021 Announcement • Jan 23
IMS Group Holdings Limited Announces Board Changes IMS Group Holdings Limited announced that the term of office of Mr. Chu Yin Kam ("Mr. Chu"), an independent non-executive Director, will expire on 25 January 2021 and his term of office will not be renewed as Mr. Chu wants to devote more time for his other business engagement. Accordingly, Mr. Chu will cease to be the chairman of the Audit Committee and a member of the Nomination Committee under the Board with effect from 25 January 2021. Mr. Chu confirmed that he has no claim against the Company for loss of office as an independent non-executive Director whether by way of compensation, remuneration, benefits or otherwise. He also confirmed that he has no disagreement with the Board and there are no other matters in relation to the change of independent non-executive Directors that need to be brought to the attention of the shareholders of the Company. The Board also announces that Mr. Li Chun Hung (" Mr. Li ") has been appointed as an independent non-executive Director with effect from 25 January 2021 and at the same time succeed Mr. Chu for all the above positions vacated by him under the Board. Mr. Li, aged 59, is a certified public accountant in Hong Kong and has over 20 years of experience in professional accounting. Mr. Li is a fellow member of the Hong Kong Institute of Certified Public Accountants, a fellow member of the Association of International Accountants, a fellow member of the Institute of Certified Management Accountants, a fellow member of the Taxation Institute of Hong Kong, a member of the Society of Chinese Accountants and Auditors as well as a member of the Chartered Institute of Arbitrators. Mr. Li is currently an independent non-executive director of Smart Globe Holdings Limited. Pursuant to the appointment letter between the Company and Mr. Li, his appointment as an independent non-executive Director shall be for an initial term of three (3) years commencing from 25 January 2021. To fill the casual vacancy of the Board, Mr. Li shall hold office until the first general meeting after his appointment and shall then be subject to rotation and re-election at annual general meetings of the Company in accordance with the Articles of Association of the Company and the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited. Reported Earnings • Nov 12
Second quarter 2021 earnings released: HK$0.002 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: HK$7.26m (down 71% from 2Q 2020). Net loss: HK$1.85m (down 131% from profit in 2Q 2020). Announcement • Oct 28
IMS Group Holdings Limited to Report First Half, 2021 Results on Nov 09, 2020 IMS Group Holdings Limited announced that they will report first half, 2021 results on Nov 09, 2020 Announcement • Aug 31
IMS Group Holdings Limited Provides Consolidated Earnings Guidance for the Three Months Ended 30 June 2020 IMS Group Holdings Limited provided consolidated earnings guidance for the three months ended 30 June 2020. For the period, the Group is expected to record a profit of approximately HKD 1.3 million for the three months ended 30 June 2020, as compared to a profit of approximately HKD 2.9 million for the corresponding period of 2019; and a decrease in revenue for the three months ended 30 June 2020 of approximately 33.9% as compared with that of the corresponding period of 2019. The decreases in revenue and net profit of the Group in the Relevant Period were primarily attributable to the: as the novel coronavirus disease ("COVID-19") pandemic continued to spread worldwide, most countries implemented temporary closure of parts of business premises and anti-epidemic policies since March 2020, causing the sales volume of the Group to decrease and thereby resulting in a decline in sales revenue of the Group; and the COVID-19 pandemic resulted in delay in resuming production, employees returning to work and supply of materials, as well as imbalance of production and increase in cost of anti-epidemic measures after the Chinese New Year, which led to a reduction in productivity and an increase in operating costs of the Group. Announcement • Aug 19
The Garage Investment Limited completed the acquisition of 7.75% stake in IMS Group Holdings Limited (SEHK:8136) from Eight Dimensions Investment Limited. The Garage Investment Limited entered into a sale and purchase agreement to acquire 7.75% stake in IMS Group Holdings Limited (SEHK:8136) from Eight Dimensions Investment Limited on July 12, 2019. As per the agreement, The Garage Investment Limited shall acquire 77.5 million shares of IMS Group Holdings Limited. Presently, The Garage Investment Limited holds 41.25% stake and Eight Dimensions Investment holds 33.75% stake in IMS Group Holdings Limited, respectively. Post completion, The Garage Investment Limited shall hold 49% stake and Eight Dimensions Investment shall hold 26% stake in IMS Group Holdings Limited, respectively.
The Garage Investment Limited completed the acquisition of 7.75% stake in IMS Group Holdings Limited (SEHK:8136) from Eight Dimensions Investment Limited on August 12, 2019. Announcement • Jul 31
IMS Group Holdings Limited to Report Q1, 2021 Results on Aug 12, 2020 IMS Group Holdings Limited announced that they will report Q1, 2021 results on Aug 12, 2020