New Risk • Jul 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 12% 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 Negative equity (-HK$66m). Shareholders have been substantially diluted in the past year (45% increase in shares outstanding). Market cap is less than US$10m (HK$34.9m market cap, or US$4.45m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). New Risk • Jul 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.9m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$66m). Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Market cap is less than US$10m (HK$77.9m market cap, or US$9.94m). Announcement • Jun 09
Daido Group Limited, Annual General Meeting, Jun 30, 2026 Daido Group Limited, Annual General Meeting, Jun 30, 2026, at 11:00 China Standard Time. Location: conference room, unit 2703, 27/f, tower 1, admiralty centre, 18 harcourt road, Hong Kong Announcement • Apr 30
Daido Group Limited has completed a Follow-on Equity Offering in the amount of HKD 11.604416 million. Daido Group Limited has completed a Follow-on Equity Offering in the amount of HKD 11.604416 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,802,208
Price\Range: HKD 2 Announcement • Apr 27
Daido Group Limited has filed a Follow-on Equity Offering in the amount of HKD 11.604416 million. Daido Group Limited has filed a Follow-on Equity Offering in the amount of HKD 11.604416 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,802,208
Price\Range: HKD 2 Board Change • Apr 25
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Lead Independent Non-Executive Director Chi Hung Leung is the most experienced director on the board, commencing their role in 2003. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Full year 2025 earnings released: HK$2.28 loss per share (vs HK$1.39 loss in FY 2024) Full year 2025 results: HK$2.28 loss per share (further deteriorated from HK$1.39 loss in FY 2024). Revenue: HK$149.7m (down 32% from FY 2024). Net loss: HK$72.1m (loss widened 79% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. New Risk • Mar 31
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$2.0m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-HK$60m). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Market cap is less than US$10m (HK$76.2m market cap, or US$9.72m). Minor Risk Significant insider selling over the past 3 months (HK$2.0m sold). Announcement • Mar 18
Daido Group Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Daido Group Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 New Risk • Jan 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major 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: Major Risks Negative equity (-HK$60m). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risk Market cap is less than US$100m (HK$85.1m market cap, or US$10.9m). Announcement • Dec 31
Daido Group Limited has completed a Follow-on Equity Offering in the amount of HKD 20 million. Daido Group Limited has completed a Follow-on Equity Offering in the amount of HKD 20 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,500,000
Price\Range: HKD 2
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,500,000
Price\Range: HKD 2
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: HKD 2
Transaction Features: Subsequent Direct Listing Announcement • Nov 01
Daido Group Limited has filed a Follow-on Equity Offering in the amount of HKD 20 million. Daido Group Limited has filed a Follow-on Equity Offering in the amount of HKD 20 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,500,000
Price\Range: HKD 2
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,500,000
Price\Range: HKD 2
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,000,000
Price\Range: HKD 2
Transaction Features: Subsequent Direct Listing Board Change • Sep 18
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Lead Independent Non-Executive Director Chi Hung Leung is the most experienced director on the board, commencing their role in 2003. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
First half 2025 earnings released: HK$1.27 loss per share (vs HK$0.68 loss in 1H 2024) First half 2025 results: HK$1.27 loss per share (further deteriorated from HK$0.68 loss in 1H 2024). Revenue: HK$76.6m (down 39% from 1H 2024). Net loss: HK$36.9m (loss widened 87% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Aug 18
Daido Group Limited to Report First Half, 2025 Results on Aug 28, 2025 Daido Group Limited announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • Aug 01
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: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Negative equity (-HK$23m). Market cap is less than US$10m (HK$68.2m market cap, or US$8.69m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Reported Earnings • Apr 30
Full year 2024 earnings released: HK$0.14 loss per share (vs HK$0.02 profit in FY 2023) Full year 2024 results: HK$0.14 loss per share (down from HK$0.02 profit in FY 2023). Revenue: HK$219.4m (down 27% from FY 2023). Net loss: HK$40.2m (down HK$46.1m from profit in FY 2023). 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 19% per year, which means it is significantly lagging earnings. Announcement • Apr 24
Daido Group Limited, Annual General Meeting, May 29, 2025 Daido Group Limited, Annual General Meeting, May 29, 2025, at 11:00 China Standard Time. Location: conference room, 1st floor, no. 8 kwai hei street, kwai chung, new territories, Hong Kong Announcement • Apr 21
Daido Group Limited has filed a Follow-on Equity Offering in the amount of HKD 2.794282 million. Daido Group Limited has filed a Follow-on Equity Offering in the amount of HKD 2.794282 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 19,340,693
Price\Range: HKD 0.04801
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 38,861,386
Price\Range: HKD 0.04801
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 30
Full year 2024 earnings released: HK$0.14 loss per share (vs HK$0.02 profit in FY 2023) Full year 2024 results: HK$0.14 loss per share (down from HK$0.02 profit in FY 2023). Revenue: HK$219.4m (down 27% from FY 2023). Net loss: HK$40.2m (down HK$45.9m from profit in FY 2023). 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 29% per year, which means it is significantly lagging earnings. Announcement • Mar 18
Daido Group Limited to Report Fiscal Year 2024 Final Results on Mar 28, 2025 Daido Group Limited announced that they will report fiscal year 2024 final results on Mar 28, 2025 New Risk • Feb 21
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 Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (HK$17.1m market cap, or US$2.20m). Board Change • Jan 07
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. 5 non-independent directors. Independent Non-Executive Director Chi Wang Lo was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 30
Daido Group Limited Appoints Kwan Nga Chung as Non-Executive Director The board of directors of Daido Group Limited announced that Ms. Kwan Nga Chung has been appointed as a non-executive Director with effect from 30 December 2024: Ms. Kwan, aged 38, is a Chartered Financial Analyst ("CFA") charter holder and holds the CFA Institute Certificate in ESG Investing. Ms. Kwan has over 15 years of experience in finance, focusing on the provision of professional valuation and advisory services for more than 500 listed and private companies for accounting, financing, investment, mergers and acquisitions, initial public offerings, and spin-off purposes. Ms. Kwan is currently the chief executive officer and director of BonVision International Appraisals Limited ("BonVision"), a professional valuation and advisory firm. Prior to her role in BonVision, she had been the chief executive officer, executive director and head of business valuation of a wholly owned subsidiary of a listed company in Hong Kong for a number of years. Ms. Kwan obtained a Bachelor's degree in Social Sciences with First Class Honours from the University of Hong Kong in 2008, and a Master's degree in Finance (Investment Management) from the Hong Kong Polytechnic University in 2009. In addition, she is a regular member of the CFA Society Hong Kong, and a member of The Hong Kong Institute of Directors. Board Change • Nov 22
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Chi Wang Lo was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 28
First half 2024 earnings released: HK$0.068 loss per share (vs HK$0.041 profit in 1H 2023) First half 2024 results: HK$0.068 loss per share (down from HK$0.041 profit in 1H 2023). Revenue: HK$124.7m (down 23% from 1H 2023). Net loss: HK$19.8m (down 267% from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Announcement • Aug 20
Daido Group Limited to Report First Half, 2024 Results on Aug 29, 2024 Daido Group Limited announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 28
Daido Group Limited, Annual General Meeting, May 30, 2024 Daido Group Limited, Annual General Meeting, May 30, 2024, at 11:00 China Standard Time. Location: Conference Room, 1st Floor, No. 8 Kwai Hei Street, Kwai Chung New Territories Hong Kong Agenda: To receive and approve the audited consolidated financial statements together with the report of the directors of the Company and the independent auditor's report for the year ended 31 December 2023; to re-elect Mr. Ho Hon Chung, Ivan as an executive Director; to re-elect Mr. Fung Wa Ko as a non-executive Director; to re-elect Mr. Tse Yuen Ming as an independent non-executive Director; to authorise the board of Directors to fix the Directors' remuneration; to re-appoint Mazars CPA Limited as the Company's auditors and to authorise the Board to fix their remuneration; and to consider other matters. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: HK$0.02 (vs HK$0.016 in FY 2022) Full year 2023 results: EPS: HK$0.02 (up from HK$0.016 in FY 2022). Revenue: HK$298.4m (up 9.2% from FY 2022). Net income: HK$5.67m (up 19% from FY 2022). Profit margin: 1.9% (up from 1.7% in FY 2022). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Announcement • Mar 16
Daido Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Daido Group Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Feb 23
Daido Group Limited Appoints Fung Pak Kei as Chief Executive Officer Daido Group Limited announced that with effect from 22 February 2024, Mr. Fung Pak Kei ("Mr. Fung") who is an Executive Director and the chief operating officer ("COO") of the Group, has been appointed and re-designated from COO to chief executive officer of the Group ("CEO"). Save for the redesignation, there will be no change to Mr. Fung's other offices in the Group. Mr. Fung, aged 41, has been appointed as Executive Director of the Company in June 2019. Subsequently, Mr. Fung has been appointed as COO of the Group. He has also served as a director of certain subsidiaries of the Company. Mr. Fung is a member of Hong Kong Institute of Certified Public Accountants since 2008 and a member of Hong Kong Institute of Taxation since 2012. He holds Bachelor of Commerce and Bachelor of Arts (Asian Studies) from the University of Queensland and was admitted to the Golden Key International Honour Society in 2000. Mr. Fung was also awarded a scholarship to Hitotsubashi University in Japan and completed a Brand Marketing and a Japanese program in 2002. He worked at PwC from 2005 to 2017 and focused on merger & acquisition and tax planning and was involved in various international /regional business advisory projects. Mr. Fung has years of experience in the cold chain solution industry including running a cold storage business, developing a cold storage facility and innovating a brand-new cold chain business model. Save as disclosed above, Mr. Fung did not hold any positions with the Company and other members of the Group. Reported Earnings • Sep 03
First half 2023 earnings released: EPS: HK$0.041 (vs HK$0.008 in 1H 2022) First half 2023 results: EPS: HK$0.041 (up from HK$0.008 in 1H 2022). Revenue: HK$161.9m (up 22% from 1H 2022). Net income: HK$11.8m (up 409% from 1H 2022). Profit margin: 7.3% (up from 1.8% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Aug 19
Daido Group Limited to Report Q2, 2023 Results on Aug 30, 2023 Daido Group Limited announced that they will report Q2, 2023 results on Aug 30, 2023 Announcement • May 26
Daido Group Limited Announces Board Changes Daido Group Limited at its AGM held on May 25, 2023 announced that Mr. Fung Siu Kit, Ronny ("Mr. Fung") has served the Board for over 13 years and being eligible, did not offer himself for re-election and retired by rotation as an independent non-executive Director of the Company upon conclusion of the AGM. Following his retirement, Mr. Fung ceased to act as the chairman of the remuneration committee of the Company (the "Remuneration Committee"); and member of the audit committee (the "Audit Committee") and the nomination committee (the "Nomination Committee") of the Company. Mr. Fung did not hold other position with the Company and other members of the Group. The Board also announced that Mr. Lo Chi Wang ("Mr. Lo") has been appointed as an independent non-executive Director of the Company with effect from the conclusion of the AGM. Following his appointment, Mr. Lo has also been appointed as the chairman of the Remuneration Committee; and member of the Audit Committee and the Nomination Committee. Mr. Lo, aged 45, has over 19 years of experience in financial services sector. Mr. Lo's experience in auditing and tax advisory services was gained from his various positions in Deloitte Touche Tohmatsu. Mr. Lo was the financial controller of Sino Grandness Food Industry Group Limited (stock code: T4B, a company listed on the Singapore Stock Exchange) and has participated in the preparation of initial public offering project in the private sector. Mr. Lo received a degree of Bachelor of Arts (Honour) in Accounting from Manchester Metropolitan University in Manchester, United Kingdom. He is a fellow member of the Association of Chartered Certified Accountants ("ACCA"), the Hong Kong Institute of Certified Public Accountants ("HKICPA"), and CPA Australia. He was a committee member of Qualification and Examinations Board ("QEB") of HKICPA and a co-opted member of Moderation Sub-groups under QEB. Mr. Lo has been the group financial controller and assistant general manager of financial service division and Hong Kong factory of Hung Fook Tong Group Holdings Limited. Mr. Lo is currently an independent non-executive director of Novacon Technology Group Limited, an independent non-executive director of Easy Smart Group Holdings Limited and was an independent non-executive director of Dragon Rise Group Holdings Limited. Save as disclosed above, Mr. Lo did not hold any positions with the Company and other members of the Group and has not held directorship in any listed company in Hong Kong or overseas in the last three years. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: HK$0.016 (vs HK$0.28 loss in FY 2021) Full year 2022 results: EPS: HK$0.016 (up from HK$0.28 loss in FY 2021). Revenue: HK$273.3m (up 16% from FY 2021). Net income: HK$4.76m (up HK$85.0m from FY 2021). Profit margin: 1.7% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. 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 9% per year, which means it is significantly lagging earnings. Board Change • Nov 16
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. 1 experienced director. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Ronny Fung was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: HK$0.008 (vs HK$0.13 loss in 1H 2021) First half 2022 results: EPS: HK$0.008 (up from HK$0.13 loss in 1H 2021). Revenue: HK$132.9m (up 27% from 1H 2021). Net income: HK$2.33m (up HK$41.3m from 1H 2021). Profit margin: 1.8% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Aug 19
Daido Group Limited to Report First Half, 2022 Results on Aug 30, 2022 Daido Group Limited announced that they will report first half, 2022 results on Aug 30, 2022 Announcement • Aug 06
Daido Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Daido Group Limited provided earnings guidance for the six months ended 30 June 2022. For the six months, Group is expected to record a net profit attributable to the Shareholders of approximately not less than HKD 2,200,000. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Ronny Fung was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 03
Full year 2021 earnings released: HK$0.28 loss per share (vs HK$0.16 loss in FY 2020) Full year 2021 results: HK$0.28 loss per share (down from HK$0.16 loss in FY 2020). Revenue: HK$235.1m (down 7.7% from FY 2020). Net loss: HK$80.3m (loss widened 98% from FY 2020). 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 30% per year, which means it is performing significantly worse than earnings. Announcement • Feb 19
Daido Group Limited Provides Earnings Guidance for the Year Ended 31 December 2021 Daido Group Limited provided earnings guidance for the year ended 31 December 2021. The group is expected to record a significant increase of not less than 95% in loss for the year ended 31 December 2021, as compared with the loss of approximately HKD 40,584,000 recorded for the year ended 31 December 2020. Reported Earnings • Sep 03
First half 2021 earnings released: HK$0.013 loss per share (vs HK$0.011 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: HK$104.9m (down 22% from 1H 2020). Net loss: HK$39.0m (loss widened 48% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • Aug 08
Daido Group Limited Provides Earnings Guidance for the Six Months Ended June 30, 2021 Daido Group Limited provided earnings guidance for the six months ended June 30, 2021. For the six months, the Group is expected to record a loss of approximately not less than 50% increase for the six months ended 30 June 2021 as compared with the loss of approximately HKD 26,430,000 recorded for the six months ended 30 June 2020. Reported Earnings • Apr 28
Full year 2020 earnings released: HK$0.016 loss per share (vs HK$0.028 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: HK$254.6m (down 12% from FY 2019). Net loss: HK$40.6m (loss narrowed 40% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 23% per year. Reported Earnings • Apr 01
Full year 2020 earnings released: HK$0.016 loss per share (vs HK$0.028 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: HK$254.6m (down 12% from FY 2019). Net loss: HK$40.6m (loss narrowed 40% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Announcement • Mar 19
Daido Group Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 Daido Group Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Announcement • Jan 23
Ivan Ho Hon Chung and Fung Pak Kei acquired approximately 6.97% stake in Daido Group Limited (SEHK:544) for HKD 4 million. Ivan Ho Hon Chung and Fung Pak Kei acquired approximately 6.97% stake in Daido Group Limited (SEHK:544) for HKD 4 million on January 22, 2021. Ivan Ho Hon Chung and Fung Pak Kei acquired equal stake in the company.
Ivan Ho Hon Chung and Fung Pak Kei completed the acquisition of approximately 6.97% stake in Daido Group Limited (SEHK:544) on January 22, 2021. Announcement • Nov 07
Daido Group Limited has completed a Follow-on Equity Offering in the amount of HKD 11.62624 million. Daido Group Limited has completed a Follow-on Equity Offering in the amount of HKD 11.62624 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 468,800,000
Price\Range: HKD 0.0248
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 18
First half earnings released Over the last 12 months the company has reported total losses of HK$68.0m, with losses widening by 46% from the prior year. Total revenue was HK$275.8m over the last 12 months, down 12% from the prior year. Announcement • Aug 21
Daido Group Limited to Report First Half, 2020 Results on Aug 28, 2020 Daido Group Limited announced that they will report first half, 2020 results on Aug 28, 2020