Announcement • Jun 01
Sundart Holdings Limited Approves Final Dividend for the Year Ended 31 December 2025 Sundart Holdings Limited announced that at the AGM held on 1 June 2026, approved a final dividend of 5 HK cents per ordinary Share for the year ended 31 December 2025. Upcoming Dividend • May 27
Upcoming dividend of HK$0.05 per share Eligible shareholders must have bought the stock before 03 June 2026. Payment date: 18 June 2026. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 7.2%. Within top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (5.7%). Announcement • May 22
Sundart Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 14.52 million. Sundart Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 14.52 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,000,000
Price\Range: HKD 0.66
Discount Per Security: HKD 0.0099
Transaction Features: Subsequent Direct Listing Announcement • May 07
Sundart Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 14.52 million. Sundart Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 14.52 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,000,000
Price\Range: HKD 0.66
Discount Per Security: HKD 0.0099
Transaction Features: Subsequent Direct Listing Declared Dividend • Mar 21
Dividend of HK$0.05 announced Shareholders will receive a dividend of HK$0.05. Ex-date: 3rd June 2026 Payment date: 18th June 2026 Dividend yield will be 6.7%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 50% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.0% EPS decline seen over the last 5 years. Reported Earnings • Mar 20
Full year 2025 earnings released: EPS: HK$0.12 (vs HK$0.15 in FY 2024) Full year 2025 results: EPS: HK$0.12 (down from HK$0.15 in FY 2024). Revenue: HK$5.14b (down 14% from FY 2024). Net income: HK$267.3m (down 17% from FY 2024). Profit margin: 5.2% (down from 5.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Announcement • Mar 19
Sundart Holdings Limited, Annual General Meeting, Jun 01, 2026 Sundart Holdings Limited, Annual General Meeting, Jun 01, 2026. Announcement • Mar 05
Sundart Holdings Limited to Report Fiscal Year 2025 Results on Mar 19, 2026 Sundart Holdings Limited announced that they will report fiscal year 2025 results on Mar 19, 2026 Reported Earnings • Aug 28
First half 2025 earnings released: EPS: HK$0.063 (vs HK$0.077 in 1H 2024) First half 2025 results: EPS: HK$0.063 (down from HK$0.077 in 1H 2024). Revenue: HK$2.28b (down 18% from 1H 2024). Net income: HK$135.4m (down 19% from 1H 2024). Profit margin: 5.9% (down from 6.0% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 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 Risk Earnings have declined by 6.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Aug 12
Sundart Holdings Limited to Report First Half, 2025 Results on Aug 26, 2025 Sundart Holdings Limited announced that they will report first half, 2025 results on Aug 26, 2025 Upcoming Dividend • May 28
Upcoming dividend of HK$0.20 per share Eligible shareholders must have bought the stock before 04 June 2025. Payment date: 19 June 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (5.9%). Reported Earnings • May 04
Full year 2024 earnings released: EPS: HK$0.15 (vs HK$0.15 in FY 2023) Full year 2024 results: EPS: HK$0.15 (down from HK$0.15 in FY 2023). Revenue: HK$6.00b (up 9.8% from FY 2023). Net income: HK$320.8m (down 2.9% from FY 2023). Profit margin: 5.3% (down from 6.0% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 20
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 Risk Earnings have declined by 5.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Mar 20
Full year 2024 earnings released Full year 2024 results: Revenue: HK$6.00b (up 9.8% from FY 2023). Net income: HK$320.8m (down 2.9% from FY 2023). Profit margin: 5.3% (down from 6.0% in FY 2023). The decrease in margin was driven by higher expenses. Announcement • Mar 19
Sundart Holdings Limited, Annual General Meeting, Jun 02, 2025 Sundart Holdings Limited, Annual General Meeting, Jun 02, 2025, at 10:00 China Standard Time. Location: 19/f, millennium city 3, 370 kwun tong road, kowloon, Hong Kong Announcement • Mar 03
Sundart Holdings Limited to Report Fiscal Year 2024 Results on Mar 19, 2025 Sundart Holdings Limited announced that they will report fiscal year 2024 results on Mar 19, 2025 Reported Earnings • Sep 29
First half 2024 earnings released: EPS: HK$0.077 (vs HK$0.053 in 1H 2023) First half 2024 results: EPS: HK$0.077 (up from HK$0.053 in 1H 2023). Revenue: HK$2.77b (up 30% from 1H 2023). Net income: HK$167.2m (up 47% from 1H 2023). Profit margin: 6.0% (up from 5.3% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Announcement • Aug 14
Sundart Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024 Sundart Holdings Limited announced that they will report first half, 2024 results on Aug 29, 2024 New Risk • Jul 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$755.4m (US$96.7m) 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 Risk Earnings have declined by 4.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$755.4m market cap, or US$96.7m). New Risk • Jun 08
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 Earnings have declined by 4.3% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Announcement • Mar 28
Sundart Holdings Limited, Annual General Meeting, Jun 03, 2024 Sundart Holdings Limited, Annual General Meeting, Jun 03, 2024, at 10:00 China Standard Time. Location: 19/F, Millennium City 3, 370 Kwun Tong Road Kowloon Hong Kong Agenda: v. New Risk • Mar 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$679.8m (US$86.9m) 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 Risk Earnings have declined by 4.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$679.8m market cap, or US$86.9m). Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: HK$0.15 (vs HK$0.13 in FY 2022) Full year 2023 results: EPS: HK$0.15 (up from HK$0.13 in FY 2022). Revenue: HK$5.46b (up 17% from FY 2022). Net income: HK$330.3m (up 15% from FY 2022). Profit margin: 6.0% (down from 6.1% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. Announcement • Mar 27
Sundart Holdings Limited Announces Board Changes, Effective from 1 April 2024 The board of directors of SUNDART HOLDINGS LIMITED announced that, due to his other work engagements, Mr. Tam Anthony Chun Hung (Mr. Tam) has tendered his resignation as an independent non-executive Director, the chairman of the audit committee of the Board (the Audit Committee) and a member of the remuneration committee of the Board (the Remuneration Committee) with effect from 1 April 2024. Mr. Tam has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board announced that Ms. Yim Ka Man (Ms. Yim) will be appointed as an independent non-executive Director, the chairman of the Audit Committee and a member of the Remuneration Committee with effect from 1 April 2024. Ms. Yim, aged 44, has over 16 years of experience in external audit, management accounting,operations management, internal control review, environmental, social and governance reporting and enterprise risk assessment. She has been a director and the head of Risk Advisory Services of Mazars Risk Advisory Services Limited (Mazars), an international audit, tax and advisory firm in Hong Kong since April 2021. Prior to joining Mazars, she worked at BDO Risk Advisory from March 2014 to May 2015 as a manager, and at Baker Tilly Hong Kong - Risk Advisory from May 2015 to April 2021, with her last position as a director. Prior to that, she worked at various international accounting firms, where she was responsible for supervising auditors in a number of system reviews and audit assignments for both listed companies, large private enterprises and listing applicants. She also worked at the internal audit departments of Miramar Group, a renowned hospitality group, and Hang Lung Properties, a leading property developer in Hong Kong. Ms. Yim is a member of CPA Australia and the Hong Kong Institute of Certified Public Accountants. Ms. Yim received a Master of Laws (International and Commercial Law) degree from the University of Greenwich, the United Kingdom in November 2020 and a Bachelor of Business (Accounting and Banking & Finance) degree from Monash University, Australia in July 2002. Ms. Yim has been an independent non-executive director of Scholar Education Group, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited; and an independent non-executive director of APT Satellite Holdings Limited. Announcement • Mar 13
Sundart Holdings Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Sundart Holdings Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Reported Earnings • Aug 30
First half 2023 earnings released: EPS: HK$0.053 (vs HK$0.045 in 1H 2022) First half 2023 results: EPS: HK$0.053 (up from HK$0.045 in 1H 2022). Revenue: HK$2.14b (up 4.7% from 1H 2022). Net income: HK$113.6m (up 18% from 1H 2022). Profit margin: 5.3% (up from 4.7% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Announcement • Aug 12
Sundart Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023 Sundart Holdings Limited announced that they will report first half, 2023 results on Aug 28, 2023 Announcement • Jun 02
Sundart Holdings Limited Declares Final Dividend for the Year Ended 31 December 2022 Sundart Holdings Limited declare a final dividend of HK6 cents per ordinary share of the Company for the year ended 31 December 2022 at its AGM held on 1 June 2023. Upcoming Dividend • May 29
Upcoming dividend of HK$0.06 per share at 13% yield Eligible shareholders must have bought the stock before 05 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 13%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (3.4%). Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: HK$0.13 (vs HK$0.17 in FY 2021) Full year 2022 results: EPS: HK$0.13 (down from HK$0.17 in FY 2021). Revenue: HK$4.68b (down 18% from FY 2021). Net income: HK$287.5m (down 23% from FY 2021). Profit margin: 6.1% (down from 6.5% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings. Announcement • Dec 16
Sundart Holdings Limited Announces Board Changes, Effective 30 December 2022 Sundart Holdings Limited announces that with effect from 30 December 2022: Mr. Leung Kai Ming will retire from his position as an executive Director and will be appointed as an honorary consultant of the Company; Mr. Ding Jingyong will be appointed as an executive Director; and Mr. Guan Yihe will be appointed as an executive Director. Mr. Ding, aged 36, has been the chairman of the board and the president of Sundart Engineering & Contracting (Beijing) Limited since February 2018 and a vice president of Jangho Group Company Limited since August 2019. Mr. Ding joined Sundart Beijing in 2013 and worked as a senior marketing manager of Team 3 of the marketing department until May 2014. From June 2014 to March 2015, he served as a general manager of Team 3 of the marketing department of Sundart Beijing. From April 2015 to July 2016, he worked as a vice president of Sundart Beijing. From August 2016 to January 2018, he was a vice president and a general manager of the marketing department of Sundart Beijing. Mr. Ding obtained a bachelor's degree in civil engineering from Hubei University of Technology Engineering and Technology College in 2008 and obtained a master's degree in business and administration from Fudan University in 2020. Mr. Guan, aged 39, has over 14 years of experience in sales and marketing, and tendering for construction and architectural projects. He has been a director of business development and operation of the Company since February 2022. From June 2008 to September 2009, he was a sales representative of Jangho Curtain Wall Australia Pty Ltd. From October 2009 to January 2022, he was a vice president, a marketing manager and a sales representative of Jangho Hong Kong Holdings Limited and Jangho Curtain Wall Macao Co. Ltd. Mr. Guan obtained a bachelor's degree in arts majoring in English from Nanyang Institute of Technology in 2006 and obtained a master's degree in management majoring in educational economics and management from Jinan University in 2008. Mr. Guan further completed a bachelor's degree in civil engineering from Zhejiang University in 2019. Announcement • Nov 18
Aim Far International Limited completed the acquisition of Kin Shing (Leung's) General Contractors Limited from Sundart Holdings Limited (SEHK:1568) for HKD 37.8 million. Aim Far International Limited acquired Kin Shing (Leung's) General Contractors Limited from Sundart Holdings Limited (SEHK:1568) for HKD 37.8 million on November 17, 2022. As of November 15, 2022, Kin Shing (Leung's) General Contractors Limited reported net asset value of HKD 17.8 million. The net proceeds will be used to strengthen the cash flow and to use it as general working capital of Glory Spring Investments Limited.
Aim Far International Limited completed the acquisition of Kin Shing (Leung's) General Contractors Limited from Sundart Holdings Limited (SEHK:1568) on November 17, 2022. 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. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Zheng Li was the last independent director to join the board, commencing their role in 2015. 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 30
First half 2022 earnings released: EPS: HK$0.045 (vs HK$0.072 in 1H 2021) First half 2022 results: EPS: HK$0.045 (down from HK$0.072 in 1H 2021). Revenue: HK$2.04b (down 17% from 1H 2021). Net income: HK$96.1m (down 38% from 1H 2021). Profit margin: 4.7% (down from 6.3% in 1H 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 30
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down HK$155.6m from profit in 1H 2021). Profit margin: (down from 6.3% in 1H 2021). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings. Announcement • Jul 14
Sundart Holdings Limited to Report Q2, 2022 Results on Jul 28, 2022 Sundart Holdings Limited announced that they will report Q2, 2022 results on Jul 28, 2022 Announcement • Jun 07
Sundart Holdings Limited Announces Ordinary Final Dividend for the Year Ended 31 December 2021 Sundart Holdings Limited announced Ordinary final dividend of HKD 0.07 per share for the year ended 31 December 2021. Record date: 14 June 2022. Payment date: 20 June 2022. Ex-dividend date: 08 June 2022. Upcoming Dividend • Jun 01
Upcoming dividend of HK$0.07 per share Eligible shareholders must have bought the stock before 08 June 2022. Payment date: 27 June 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 15%. Within top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (3.8%). Announcement • Apr 28
Sundart Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2021 Sundart Holdings Limited proposed final dividend of HK7 cents per ordinary share of the Company for the year ended 31 December 2021 at its AGM to be held on 6 June 2022. Price Target Changed • Apr 27
Price target decreased to HK$1.90 Down from HK$2.40, the current price target is provided by 1 analyst. New target price is 375% above last closing price of HK$0.40. Stock is down 75% over the past year. The company posted earnings per share of HK$0.17 last year. Board Change • Apr 27
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. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Zheng Li was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 23
Sundart Holdings Limited, Annual General Meeting, Jun 06, 2022 Sundart Holdings Limited, Annual General Meeting, Jun 06, 2022, at 10:00 China Standard Time. Location: Room 03-05, 11/F, Millennium City 3, 370 Kwun Tong Road, Kowloon Hong Kong Agenda: To consider the dividend. Announcement • Mar 06
Sundart Holdings Limited to Report Q4, 2021 Results on Mar 21, 2022 Sundart Holdings Limited announced that they will report Q4, 2021 results on Mar 21, 2022 Reported Earnings • Sep 30
First half 2021 earnings released: EPS HK$0.072 (vs HK$0.052 in 1H 2020) The company reported a solid first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: HK$2.46b (flat on 1H 2020). Net income: HK$155.6m (up 40% from 1H 2020). Profit margin: 6.3% (up from 4.5% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to HK$1.23, the stock trades at a trailing P/E ratio of 6.5x. Average forward P/E is 10x in the Consumer Durables industry in Hong Kong. Total loss to shareholders of 70% over the past three years. Price Target Changed • Sep 06
Price target decreased to HK$1.90 Down from HK$2.40, the current price target is provided by 1 analyst. New target price is 44% above last closing price of HK$1.32. Stock is down 50% over the past year. Reported Earnings • Aug 29
First half 2021 earnings released: EPS HK$0.072 (vs HK$0.052 in 1H 2020) The company reported a solid first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: HK$2.46b (flat on 1H 2020). Net income: HK$155.6m (up 40% from 1H 2020). Profit margin: 6.3% (up from 4.5% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 31
Upcoming dividend of HK$0.08 per share Eligible shareholders must have bought the stock before 07 June 2021. Payment date: 25 June 2021. Trailing yield: 4.9%. Lower than top quartile of Hong Kong dividend payers (6.0%). Higher than average of industry peers (1.7%). Reported Earnings • Apr 30
Full year 2020 earnings released: EPS HK$0.19 (vs HK$0.19 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: HK$5.93b (down 2.7% from FY 2019). Net income: HK$406.5m (down 1.6% from FY 2019). Profit margin: 6.9% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses. 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 26% per year, which means it is performing significantly worse than earnings. Announcement • Apr 28
Sundart Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2020 Sundart Holdings Limited proposed to declare a final dividend of 8 Hong Kong cents per ordinary share of the Company for the year ended 31 December 2020, at its annual general meeting to be held on June 3, 2021. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS HK$0.19 (vs HK$0.19 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: HK$5.93b (down 2.7% from FY 2019). Net income: HK$406.5m (down 1.6% from FY 2019). Profit margin: 6.9% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses. 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 23% per year, which means it is performing significantly worse than earnings. Announcement • Mar 13
Sundart Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021 Sundart Holdings Limited announced that they will report fiscal year 2020 results on Mar 29, 2021 Is New 90 Day High Low • Mar 05
New 90-day low: HK$2.05 The company is down 11% from its price of HK$2.30 on 04 December 2020. The Hong Kong market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 18% over the same period. Is New 90 Day High Low • Feb 03
New 90-day low: HK$2.26 The company is down 6.0% from its price of HK$2.40 on 05 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 26% over the same period. Announcement • Jan 24
Caiyun International Investment Limited completed the acquisition of 18.16% stake in Sundart Holdings Limited (SEHK:1568) from Reach Glory International Limited. Caiyun International Investment Limited entered into an agreement to acquire 18.16% stake in Sundart Holdings Limited (SEHK:1568) from Reach Glory International Limited for HKD 1.5 billion on December 28, 2018. Caiyun International will acquire 392 million shares of Sundart Holdings Limited. Post completion, Reach Glory will hold 51.34% stake and Caiyun International will hold 18.16% stake in Sundart Holdings Limited. Pursuant to the sale and purchase agreement, Reach Glory irrevocably and unconditionally granted to Caiyun International an option to sell to Reach Glory, and require Reach Glory to buy the sale shares held by Caiyun International as at a date the closing price of the shares of each trading day during a period of 90 consecutive trading days before any trading day falling within 18 months after the date of the sale and purchase agreement is lower than the consideration for each sale share and Caiyun International still holds the shares as at such trading day. The transaction was approved at the directorate meeting of Jangho Group Co., Ltd. (SHSE:601886), the ultimate parent of Reach Glory International Limited on December 28, 2018. As of July 5, 2019, a total payment of HKD 650 million is received and HKD 839.6 million is still pending. The transaction was approved by the board of directors of Jangho Group on the 5th directorate’s 3rd special meeting held on July 5, 2019. The board approved the signing of a supplementary agreement indicating that as long as the buyer party pays out the total remaining share transfer amount, then there would be no violation of the share transfer agreement and no liability for breach of contract. On June 28, 2019, Caiyun International Investment and Reach Glory International Limited signed a supplementary deed on the share sale and purchase agreement of Sundart Holdings Limited and the payment date for the remaining share transfer payments was extended to December 31, 2019. On of January 2, 2020, Caiyun International Investment and Reach Glory International Limited signed a second supplementary deed.
Caiyun International Investment Limited completed the acquisition of 18.16% stake in Sundart Holdings Limited (SEHK:1568) from Reach Glory International Limited on January 22, 2020. Is New 90 Day High Low • Oct 29
New 90-day low: HK$2.41 The company is down 18% from its price of HK$2.95 on 31 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 22% over the same period. Is New 90 Day High Low • Oct 08
New 90-day low: HK$2.42 The company is down 26% from its price of HK$3.28 on 10 July 2020. The Hong Kong market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 21% over the same period. Reported Earnings • Sep 30
First half earnings released Over the last 12 months the company has reported total profits of HK$397.0m, up 31% from the prior year. Total revenue was HK$6.11b over the last 12 months, up 19% from the prior year. Announcement • Aug 28
Sundart Holdings Limited Recommends No Interim Dividend Sundart Holdings Limited announced that, subsequent to the end of the current interim period, the directors do not recommend the payment of an interim dividend for the Period (Previous Period: 2.5 HK cents per share of the Company in an aggregate amount of HKD 53,955,000). Announcement • Aug 12
Sundart Holdings Limited to Report First Half, 2020 Results on Aug 27, 2020 Sundart Holdings Limited announced that they will report first half, 2020 results on Aug 27, 2020 
