Reported Earnings • Jul 02
Full year 2026 earnings released: HK$0.011 loss per share (vs HK$0.033 loss in FY 2025) Full year 2026 results: HK$0.011 loss per share (improved from HK$0.033 loss in FY 2025). Revenue: HK$199.0m (down 34% from FY 2025). Net loss: HK$16.5m (loss narrowed 67% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Jun 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. 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 42% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Market cap is less than US$100m (HK$283.9m market cap, or US$36.2m). Announcement • Jun 19
Standard Development Group Limited to Report Fiscal Year 2026 Results on Jun 30, 2026 Standard Development Group Limited announced that they will report fiscal year 2026 results at 12:30 PM, China Standard Time on Jun 30, 2026 Reported Earnings • Nov 30
First half 2026 earnings released: HK$0.014 loss per share (vs HK$0.013 loss in 1H 2025) First half 2026 results: HK$0.014 loss per share (further deteriorated from HK$0.013 loss in 1H 2025). Revenue: HK$71.8m (down 50% from 1H 2025). Net loss: HK$20.9m (loss widened 6.6% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. New Risk • Nov 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$90m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$90m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 42% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$343.6m market cap, or US$44.1m). Announcement • Nov 18
Standard Development Group Limited to Report First Half, 2026 Results on Nov 28, 2025 Standard Development Group Limited announced that they will report first half, 2026 results on Nov 28, 2025 New Risk • Oct 22
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 15% 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 45% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-HK$90m). Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (HK$440.7m market cap, or US$56.7m). Announcement • Sep 30
Standard Development Group Limited Announces Board and Committee Changes Standard Development Group Limited announced that at the AGM held on 30 September 2025, approved the appointment of Mr. Zhao Changsheng and Mr. Tsui Siu Hung Raymond as independent non-executive Director. As stated in the Circular, Mr. Liang Rongjin ("Mr. Liang") and Dr. Yan Bing ("Dr. Yan") have informed the Board that they would not offer themselves for re-election after considering their successive terms of service, the Stock Exchange's independence requirements and their decision to devote more time to their personal affairs and accordingly retired as a Director upon the conclusion of the AGM. Mr. Zhao Changsheng, aged 41, possesses extensive experience in corporate finance, investment, and strategic development. Mr. Zhao has been serving as a director and a responsible officer of Draco Capital Limited, a corporation licensed to carry out Type 6 (advising on corporate finance) regulated activity under the Securities and Futures Ordinance (Cap 571) (the "SFO") from 2020. From 2018 to 2020, he served as director of mergers and acquisitions at Sino Haijing Holdings Limited (subsequently known as Ming Lam Holdings Limited, a company the shares of which were listed on the Stock Exchange and subsequently delisted with effect from 2 November 2021 (stock code: 1106)). Mr. Zhao served as deputy manager of the strategic investment department at CITIC International Assets Management Limited from 2016 to 2017, and an international business development manager at Chanceton Capital Partners Limited from 2013 to 2016. Mr. Zhao holds a Bachelor of Business Administration degree from Central Queensland University in Australia and a Master of Media and Governance degree from Keio University in Japan. Mr. Tsui Siu Hung Raymond, aged 48, possesses more than 25 years of experience in finance, consulting, accounting, auditing and company secretarial matters. Currently, Mr. Tsui is a partner of Tsui & Partners CPA Limited, a Certified Public Accountants Firm practicing in Hong Kong. He is currently a fellow member of the Association of Chartered Certified Accountants and a fellow member (practicing) of the Hong Kong Institute of the Certified Public Accountants. Mr. Tsui holds a Bachelor of Business Administration degree in Accounting from the Chinese University of Hong Kong. Upon the retirement of Mr. Liang and Dr. Yan at the AGM, (i) Mr. Liang has ceased to be the chairman of the remuneration committee of the Board (the "Remuneration Committee"), and a member of the nomination committee of the Board (the "Nomination Committee") and audit committee of the Board (the "Audit Committee"); and (ii) Dr. Yan has ceased to be a member of Audit Committee. With effect from the conclusion of the AGM, (i) Mr. Zhao has been appointed as the chairman of the Remuneration Committee and a member of both the Audit Committee and the Nomination Committee; and (ii) Mr. Tsui has been appointed as a member of the Audit Committee. Board Change • Sep 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Lixin Su 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. Announcement • Sep 06
Standard Development Group Limited, Annual General Meeting, Sep 30, 2025 Standard Development Group Limited, Annual General Meeting, Sep 30, 2025, at 10:00 China Standard Time. Location: 21/f, grand millennium plaza, 181 queens road central, Hong Kong Reported Earnings • Jul 01
Full year 2025 earnings released: HK$0.033 loss per share (vs HK$0.013 loss in FY 2024) Full year 2025 results: HK$0.033 loss per share (further deteriorated from HK$0.013 loss in FY 2024). Revenue: HK$301.0m (down 39% from FY 2024). Net loss: HK$50.0m (loss widened 151% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Jun 19
Standard Development Group Limited to Report Fiscal Year 2025 Results on Jun 30, 2025 Standard Development Group Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Jun 30, 2025 New Risk • Jun 09
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 13% 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 49% per year over the past 5 years. Minor Risks High level of debt (91% net debt to equity). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$294.3m market cap, or US$37.5m). Announcement • Feb 28
Standard Development Group Limited announced that it expects to receive HKD 37 million in funding from Fujincheng Investment Holdings Co., Ltd and other investors Standard Development Group Limited announced a private placement of Convertible Bonds in the principal amount of up to HKD 37,000,000 on February 26, 2025. The transaction includes participation from Xu Jing, Fujincheng Investment Holdings and other placees. Interest of bonds is 4.5% per annum and matures on two years after the date of issue of the Convertible Bonds. The initial Conversion Price of HKD 0.25 per Conversion Share New Risk • Feb 27
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 Risk Earnings have declined by 49% per year over the past 5 years. Minor Risks High level of debt (91% net debt to equity). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$283.9m market cap, or US$36.5m). Board Change • Jan 12
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 Lixin Su 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. Announcement • Jan 09
Standard Development Group Limited Appoints Zhang Min as Vice Chairmanand Executive Director The board of directors of Standard Development Group Limited announced that Mr. Zhang Min has been appointed as the vice chairman of the Board and an executive Director with effect from 9 January 2025. Mr. Zhang Min, aged 67, holds a Bachelor of Philosophy Degree from the Beijing Normal College and a Master of Laws Degree from the Renmin University of China. Mr. Zhang was appointed as a non-executive director of China Financial Services Holdings Limited on 24 December 2021 and was re-designated as an executive director and appointed as the chief executive officer on 17 October 2022. Mr. Zhang was appointed as independent non-executive director of China EcoFarming Limited, a company previously listed on GEM of The Stock Exchange of Hong Kong Limited ("Stock Exchange") and which was delisted with effect from 16 August 2024 from 23 March 2015 to 16 August 2024. Mr. Zhang was an executive director of Value Convergence Holdings Limited (a company listed on the Stock Exchange, from 25 June 2018 to 2 December 2019, and was the chief executive officer and an executive director of Macrolink Capital Holdings Limited (formerly known as Junefield Department Store Group Limited) (a company listed on the Stock Exchange and which was delisted with effect from 19 March 2024 from 10 August 2016 to 22 August 2018. He acted as a non-executive director of GoFintech Innovation Limited (formerly known as China Fortune Financial Group Limited) (a company listed on the Stock Exchange (stock code: 290)) on 8 December 2010, and was subsequently redesignated and appointed as chairman of the board of directors and executive director from 12 April 2011 to 30 June 2014. He was an independent non-executive director of Silver Base Group Holdings Limited (a company listed on the Stock Exchange and which was delisted with effect from 4 December 2023 (stock code: 866)) from 28 January 2011 to 1 April 2014. Mr. Zhang possesses over 20 years' experience in the banking and finance industry. Mr. Zhang was the chief marketing officer of China Cinda Asset Management Co. Ltd. (a company listed on the Stock Exchange from 28 April 2011 to 31 August 2013. He was the chief executive of China Construction Bank Corporation, Hong Kong Branch, from September 2006 to March 2011 and a director of CCB International (Holdings) Limited and China Construction Bank (Asia) Corporation Limited from August 2006 to March 2011. He was the president of the Beijing Banking Association from 2003 to 2005 and of the Beijing Investment Institution from 2001 to 2006. Reported Earnings • Dec 01
First half 2025 earnings released: HK$0.013 loss per share (vs HK$0.005 loss in 1H 2024) First half 2025 results: HK$0.013 loss per share (further deteriorated from HK$0.005 loss in 1H 2024). Revenue: HK$144.0m (down 53% from 1H 2024). Net loss: HK$19.7m (loss widened 177% from 1H 2024). 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 16% per year, which means it is performing significantly worse than earnings. New Risk • Nov 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 49% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$291.3m market cap, or US$37.4m). Announcement • Nov 19
Standard Development Group Limited to Report First Half, 2025 Results on Nov 29, 2024 Standard Development Group Limited announced that they will report first half, 2025 results on Nov 29, 2024 Announcement • Nov 16
Standard Development Group Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 September 2024 Standard Development Group Limited provided unaudited consolidated earnings guidance for the six months ended 30 September 2024. For the period, the company estimated that the Group will record a loss for the period of not less than approximately HKD 17.0 million for the Period, as compared to a loss for the period of approximately HKD 7.1 million for the six months ended 30 September 2023. The Board considers that the expected increase in loss for the period of the Group is primarily attributable to: (i) the decrease in revenue due to the decrease in petroleum and construction and engineering related business; (ii) increase in impairment loss on long outstanding trade and other receivables mainly from the Group's construction and engineering related business; (iii) increase in administrative, operating and finance expenses; and (iv) the Group's investments in the construction of two bio-nature gas projects have yet to contribute revenue for the six months ended 30 September 2024. Announcement • Aug 15
Standard Development Group Limited, Annual General Meeting, Sep 06, 2024 Standard Development Group Limited, Annual General Meeting, Sep 06, 2024, at 10:00 China Standard Time. Location: 21/f, grand millennium plaza, 181 queen`s road central, Hong Kong Reported Earnings • Aug 02
Full year 2024 earnings released: HK$0.013 loss per share (vs HK$0.006 loss in FY 2023) Full year 2024 results: HK$0.013 loss per share (further deteriorated from HK$0.006 loss in FY 2023). Revenue: HK$489.8m (down 26% from FY 2023). Net loss: HK$19.9m (loss widened 126% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Jun 28
Full year 2024 earnings released: HK$0.013 loss per share (vs HK$0.006 loss in FY 2023) Full year 2024 results: HK$0.013 loss per share (further deteriorated from HK$0.006 loss in FY 2023). Revenue: HK$489.8m (down 26% from FY 2023). Net loss: HK$19.9m (loss widened 126% from FY 2023). 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 6% per year. Reported Earnings • Dec 02
First half 2024 earnings released: HK$0.005 loss per share (vs HK$0.007 loss in 1H 2023) First half 2024 results: HK$0.005 loss per share (improved from HK$0.007 loss in 1H 2023). Revenue: HK$304.6m (down 4.6% from 1H 2023). Net loss: HK$7.10m (loss narrowed 21% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Announcement • Nov 21
Standard Development Group Limited to Report First Half, 2024 Results on Nov 30, 2023 Standard Development Group Limited announced that they will report first half, 2024 results on Nov 30, 2023 New Risk • Aug 25
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 14% 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 (14% average weekly change). Earnings have declined by 72% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (HK$373.5m market cap, or US$47.6m). Announcement • Jul 23
Standard Development Group Limited, Annual General Meeting, Aug 16, 2023 Standard Development Group Limited, Annual General Meeting, Aug 16, 2023, at 10:00 China Standard Time. Location: 21/F, Grand Millennium Plaza, 181 Queen's Road Central, Hong Kong Hong Kong Agenda: To receive, consider and adopt the audited financial statements of the Company and its subsidiaries and the reports of the directors of the Company and the auditors of the Company for the year ended 31 March 2023; to re-appoint Asian Alliance (HK) CPA Limited as auditors of the Company and to authorise the board of Directors to fix their remuneration; to re-elect Ms. Qin Mingyue as an executive Director; to re-elect Mr. Xu Jing as an executive Director; and to re-elect Mr. Liang Rongjin as an independent non-executive Director; to authorise the board of Directors to fix the remuneration of the Directors; and to consider other matters. Reported Earnings • Jul 22
Full year 2023 earnings released: HK$0.006 loss per share (vs HK$0.017 loss in FY 2022) Full year 2023 results: HK$0.006 loss per share (improved from HK$0.017 loss in FY 2022). Revenue: HK$661.2m (up 116% from FY 2022). Net loss: HK$8.83m (loss narrowed 58% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 22
Full year 2023 earnings released: HK$0.006 loss per share (vs HK$0.017 loss in FY 2022) Full year 2023 results: HK$0.006 loss per share (improved from HK$0.017 loss in FY 2022). Revenue: HK$661.2m (up 116% from FY 2022). Net loss: HK$8.83m (loss narrowed 58% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. New Risk • Jun 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. 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 70% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (HK$242.0m market cap, or US$30.9m). Announcement • Jun 10
Standard Development Group Limited to Report Fiscal Year 2023 Results on Jun 21, 2023 Standard Development Group Limited announced that they will report fiscal year 2023 results on Jun 21, 2023 Announcement • Dec 03
Standard Development Group Limited Announces Resignation of Ye Zuobin as Executive Director The board of directors of Standard Development Group Limited announced that, due to his desire to devote more time to his other business commitments, Mr. Ye Zuobin has resigned as an executive Director and an authorised representative of the Company under Rule 3.05 of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 2 December 2022. Mr. Ye confirmed that (i) he has no disagreement with the Board; and (ii) there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or the Stock Exchange. Reported Earnings • Nov 30
First half 2023 earnings released: HK$0.007 loss per share (vs HK$0.008 loss in 1H 2022) First half 2023 results: HK$0.007 loss per share (improved from HK$0.008 loss in 1H 2022). Revenue: HK$319.3m (up 333% from 1H 2022). Net loss: HK$8.92m (loss narrowed 8.6% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Announcement • Nov 18
Standard Development Group Limited to Report First Half, 2023 Results on Nov 29, 2022 Standard Development Group Limited announced that they will report first half, 2023 results on Nov 29, 2022 Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Executive Director Mingyue Qin is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Oct 01
Standard Development Group Limited Announces Change of Company Secretary and Authorised Representative Standard Development Group Limited announces that Ms. Yim Sau Ping ("Ms. Yim") has tendered her resignation as the company secretary of the Company (the "Company Secretary") with effect from 30 September 2022 as Ms. Yim would like to devote more time for her career development. Given Ms. Yim's resignation, she ceased to act as the authorised representative of the Company for accepting service for process or notice in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Authorised Representative") with effect from 30 September 2022. Ms. Yim has confirmed that she has no disagreement with the Board and there is no matter in relation to her resignation which needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). Following the resignation of Ms. Yim, the Board announce that Mr. Chu Pui Ki Dickson ("Mr. Chu") has been appointed as the Company Secretary and the Authorised Representative in replacement of Ms. Yim with effect from 30 September 2022. Mr. Chu is a member of the Hong Kong Institute of Certified Public Accountants since February 2011. He has over 10 years of relevant experience in accounting and auditing and has experience in tax, internal control matters and is holding position of company secretary in other listed companies listed on the Stock Exchange. Mr. Chu is currently serving as the company secretary of Tungtex (Holdings) Company Limited (a company listed on the Main Board of the Stock Exchange with stock code 0518), SG Group Holdings Limited (a company listed on the Main Board of the Stock Exchange with stock code 01657), Golden Ponder Holdings Limited (a company listed on the Main Board of the Stock Exchange with stock code 1783), Cornerstone Technologies Holdings (a company listed on the GEM of the Stock Exchange with stock code 08391), K Group Holdings Limited (a company listed on the GEM of the Stock Exchange with stock code 08475) and Top Standard Corporation (a company listed on the GEM of the Stock Exchange with stock code 08510). The Board would like to express its gratitude to Ms. Yim for her contributions to the Company during her tenure of office and to welcome Mr. Chu on his new appointment. Announcement • Jul 21
Standard Development Group Limited, Annual General Meeting, Sep 08, 2022 Standard Development Group Limited, Annual General Meeting, Sep 08, 2022. Buying Opportunity • Jul 18
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be HK$0.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jun 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.5%. The fair value is estimated to be HK$0.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Reported Earnings • Jun 29
Full year 2022 earnings released: HK$0.017 loss per share (vs HK$0.001 profit in FY 2021) Full year 2022 results: HK$0.017 loss per share (down from HK$0.001 profit in FY 2021). Revenue: HK$306.6m (up 38% from FY 2021). Net loss: HK$21.0m (down HK$22.0m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 140 percentage points per year, which is a significant difference in performance. Announcement • Jun 14
Standard Development Group Limited to Report Fiscal Year 2022 Results on Jun 28, 2022 Standard Development Group Limited announced that they will report fiscal year 2022 results on Jun 28, 2022 Announcement • Jun 04
Standard Development Group Limited Provides Earnings Guidance for the Year Ended March 31, 2022 Standard Development Group Limited provided earnings guidance for the year ended March 31, 2022. For the period, the company expected to record a net loss of not less than HKD 18.0 million as compared to a net profit of approximately HKD 1.0 million for the corresponding period in 2021. The Board considers that the net loss was mainly attributable to the provisions made on expected credit loss regarding to the legal dispute as disclosed in the Company's announcement dated October 15, 2021; and the increase in administrative and other operating expenses due to the increase in staff costs including directors' emoluments. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Executive Director Mingyue Qin is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 29
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: HK$0.008 loss per share (down from HK$0.006 profit in 1H 2021). Revenue: HK$73.8m (down 47% from 1H 2021). Net loss: HK$9.76m (down 257% from profit in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance. Announcement • Sep 15
Standard Development Group Limited has completed a Follow-on Equity Offering in the amount of HKD 49.28 million. Standard Development Group Limited has completed a Follow-on Equity Offering in the amount of HKD 49.28 million.
Security Name: Rights Shares
Security Type: Common Stock
Securities Offered: 224,000,000
Price\Range: HKD 0.22
Discount Per Security: HKD 0.0033
Transaction Features: Rights Offering Reported Earnings • Jun 30
Full year 2021 earnings released: EPS HK$0.001 (vs HK$0.001 in FY 2020) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2021 results: Revenue: HK$221.9m (down 25% from FY 2020). Net income: HK$1.01m (down 3.5% from FY 2020). Profit margin: 0.5% (up from 0.4% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Executive Departure • Jun 11
Co-Founder, CEO & Executive Director Shui Wah Lam has left the company On the 8th of June, Shui Wah Lam's tenure as Co-Founder, CEO & Executive Director ended. We don't have any record of a personal shareholding under Shui Wah's name. A total of 5 executives have left over the last 12 months. Executive Departure • Jun 11
Independent Non-Executive Director Wai Ki Wu has left the company On the 9th of June, Wai Ki Wu's tenure as Independent Non-Executive Director ended after 4.5 years in the role. We don't have any record of a personal shareholding under Wai Ki's name. A total of 5 executives have left over the last 12 months. Executive Departure • Jun 11
Independent Non-Executive Director Ngo Yin Tsang has left the company On the 9th of June, Ngo Yin Tsang's tenure as Independent Non-Executive Director ended after 4.5 years in the role. We don't have any record of a personal shareholding under Ngo Yin's name. A total of 5 executives have left over the last 12 months. Executive Departure • Jun 10
Executive Director Wan Sze Wong has left the company On the 8th of June, Wan Sze Wong's tenure as Executive Director ended after 5.1 years in the role. We don't have any record of a personal shareholding under Wan Sze's name. Wan Sze is the only executive to leave the company over the last 12 months. Reported Earnings • Nov 28
First half 2021 earnings released: EPS HK$0.006 The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: HK$138.6m (down 22% from 1H 2020). Net income: HK$6.22m (down 39% from 1H 2020). Profit margin: 4.5% (down from 5.8% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Nov 17
LKS Holding Group Limited to Report Q2, 2021 Results on Nov 26, 2020 LKS Holding Group Limited announced that they will report Q2, 2021 results on Nov 26, 2020