New Risk • Mar 21
New major risk - Revenue and earnings growth Earnings have declined by 71% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 71% per year over the past 5 years. Market cap is less than US$10m (HK$50.4m market cap, or US$6.43m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Mar 20
Grown Up Group Investment Holdings Limited, Annual General Meeting, Jun 12, 2026 Grown Up Group Investment Holdings Limited, Annual General Meeting, Jun 12, 2026. Announcement • Mar 05
Grown Up Group Investment Holdings Limited to Report Fiscal Year 2025 Results on Mar 20, 2026 Grown Up Group Investment Holdings Limited announced that they will report fiscal year 2025 results on Mar 20, 2026 New Risk • Dec 17
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 Market cap is less than US$10m (HK$61.2m market cap, or US$7.87m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Oct 02
First half 2025 earnings released: HK$0.007 loss per share (vs HK$0.005 loss in 1H 2024) First half 2025 results: HK$0.007 loss per share (further deteriorated from HK$0.005 loss in 1H 2024). Revenue: HK$147.0m (down 2.6% from 1H 2024). Net loss: HK$8.47m (loss widened 47% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 25
First half 2025 earnings released: HK$0.007 loss per share (vs HK$0.005 loss in 1H 2024) First half 2025 results: HK$0.007 loss per share (further deteriorated from HK$0.005 loss in 1H 2024). Revenue: HK$147.0m (down 2.6% from 1H 2024). Net loss: HK$8.47m (loss widened 47% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Aug 12
Grown Up Group Investment Holdings Limited to Report First Half, 2025 Results on Aug 22, 2025 Grown Up Group Investment Holdings Limited announced that they will report first half, 2025 results on Aug 22, 2025 New Risk • Jul 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Market cap is less than US$100m (HK$87.6m market cap, or US$11.2m). Announcement • Jun 21
Grown Up Group Investment Holdings Limited Appoints Shut Ya Lai to Nomination Committee, Effective 1 July 2025 The board of directors of Grown Up Group Investment Holdings Limited has been appointed as a member of the nomination committee of the Company with effect from 20 June 2025. Ms. Shut's other positions on the Board remain unchanged. Following the appointment of Ms. Shut, the Nomination Committee now has one Director of a different gender and still comprises a majority of independent non-executive Directors. The above appointment takes effect on 1 July 2025. Reported Earnings • Mar 22
Full year 2024 earnings released: HK$0.004 loss per share (vs HK$0.001 profit in FY 2023) Full year 2024 results: HK$0.004 loss per share (down from HK$0.001 profit in FY 2023). Revenue: HK$307.4m (up 5.4% from FY 2023). Net loss: HK$4.45m (down HK$5.54m from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year whereas the company’s share price has fallen by 54% per year. Announcement • Mar 22
Grown Up Group Investment Holdings Limited, Annual General Meeting, Jun 13, 2025 Grown Up Group Investment Holdings Limited, Annual General Meeting, Jun 13, 2025. Announcement • Mar 11
Grown Up Group Investment Holdings Limited to Report Fiscal Year 2024 Results on Mar 21, 2025 Grown Up Group Investment Holdings Limited announced that they will report fiscal year 2024 results on Mar 21, 2025 Announcement • Mar 01
Grown Up Group Investment Holdings Limited Announces Change of Director The board of directors of Grown Up Group Investment Holdings Limited announced that Mr. Morten Rosholm Henriksen has tendered his resignation as an executive Director of the Company with effect from 28 February 2025 due to his other business commitments. Mr. Henriksen confirmed that he has no disagreement with the Board, and there are no matters that need to be brought to the attention of the Company's shareholders in relation to his resignation. Following the resignation of Mr. Henriksen, the Board announced that, with effect from 28 February 2025, Mr. Jan Ankersen, has been appointed as an executive Director. Mr. Ankersen, aged 52, has more than 30 years of experience holding senior managerial positions in various companies and locations, offering deep insights into strategic leadership, M&A and governance. From 2009 to 2012, Mr. Ankersen was the senior vice president of Uhrenholt A/S, Middelfart, Denmark, a leading global fast moving consumer goods group (FMCG) within chilled and frozen food products. From 2012 to 2019, Mr. Ankersen held Director, VP & SVP positions (international) of Royal Unibrew A/S. He was subsequently appointed and acted as senior vice president & CEO South Europe, Milan of Royal Unibrew from 2020 to 2024 during which he was responsible for Royal Unibrew's strategic development in Southern Europe and being part of the group senior leadership team. Mr. Ankersen currently serves as the CEO of Grown Up Middle East Co LLC. Mr. Ankensen completed the INSEAD International Executive Programme (Fontainebleau, France and Singapore) in October 2002 and the Executive Programme in Singularity University, the United States in December 2019. New Risk • Jan 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$76.8m (US$9.87m) 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 Share price has been highly volatile over the past 3 months (18% average weekly change). Market cap is less than US$10m (HK$76.8m market cap, or US$9.87m). Reported Earnings • Sep 28
First half 2024 earnings released: HK$0.005 loss per share (vs HK$0.002 loss in 1H 2023) First half 2024 results: HK$0.005 loss per share (further deteriorated from HK$0.002 loss in 1H 2023). Revenue: HK$150.8m (down 4.0% from 1H 2023). Net loss: HK$5.75m (loss widened 113% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year and the company’s share price has also fallen by 39% per year. Reported Earnings • Aug 28
First half 2024 earnings released: HK$0.005 loss per share (vs HK$0.002 loss in 1H 2023) First half 2024 results: HK$0.005 loss per share (further deteriorated from HK$0.002 loss in 1H 2023). Revenue: HK$150.8m (down 4.0% from 1H 2023). Net loss: HK$5.75m (loss widened 113% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year and the company’s share price has also fallen by 39% per year. Announcement • Aug 14
Grown Up Group Investment Holdings Limited to Report First Half, 2024 Results on Aug 23, 2024 Grown Up Group Investment Holdings Limited announced that they will report first half, 2024 results on Aug 23, 2024 New Risk • Jul 29
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 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$86.4m market cap, or US$11.1m). Announcement • Mar 23
Grown Up Group Investment Holdings Limited, Annual General Meeting, Jun 21, 2024 Grown Up Group Investment Holdings Limited, Annual General Meeting, Jun 21, 2024. Reported Earnings • Mar 23
Full year 2023 earnings released: EPS: HK$0.001 (vs HK$0 in FY 2022) Full year 2023 results: EPS: HK$0.001 (up from HK$0 in FY 2022). Revenue: HK$291.6m (down 26% from FY 2022). Net income: HK$1.09m (up HK$1.55m from FY 2022). Profit margin: 0.4% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Announcement • Mar 14
Grown Up Group Investment Holdings Limited to Report Fiscal Year 2023 Results on Mar 22, 2024 Grown Up Group Investment Holdings Limited announced that they will report fiscal year 2023 results on Mar 22, 2024 Reported Earnings • Aug 28
First half 2023 earnings released: HK$0.002 loss per share (vs HK$0.005 loss in 1H 2022) First half 2023 results: HK$0.002 loss per share (improved from HK$0.005 loss in 1H 2022). Revenue: HK$157.1m (down 16% from 1H 2022). Net loss: HK$2.70m (loss narrowed 45% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Announcement • Aug 03
Grown Up Group Investment Holdings Limited to Report First Half, 2023 Results on Aug 25, 2023 Grown Up Group Investment Holdings Limited announced that they will report first half, 2023 results on Aug 25, 2023 Announcement • May 27
Grown Up Group Investment Holdings Limited Announces Retirement of Directors Grown Up Group Investment Holdings Limited announced that Mr. Cheng Wai Man (``Mr. Cheng'') and Mr. Fung Bing Ngon Johnny (``Mr. Fung'') informed the Company that they would retire from their positions as an executive Director and a non-executive Director respectively after the conclusion of the AGM. Mr. Cheng and Mr. Fung retired as an executive Director and a non-executive Director respectively. Each of Mr. Cheng and Mr. Fung has confirmed that he has no disagreement with the Board and there are no matters that need to be brought to the attention of the Shareholders or the Stock Exchange in respect of their retirement. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: HK$0 (vs HK$0.005 in FY 2021) Full year 2022 results: EPS: HK$0 (down from HK$0.005 in FY 2021). Revenue: HK$394.1m (up 29% from FY 2021). Net loss: HK$466.0k (down 109% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Dec 06
Grown Up Group Investment Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 32 million. Grown Up Group Investment Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 32 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 200,000,000
Price\Range: HKD 0.16
Discount Per Security: HKD 0.0024
Transaction Features: Subsequent Direct Listing Buying Opportunity • Nov 25
Now 25% undervalued Over the last 90 days, the stock is up 44%. The fair value is estimated to be HK$0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Arthur Chan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Sep 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be HK$0.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 28
First half 2022 earnings released: HK$0.005 loss per share (vs HK$0.004 profit in 1H 2021) First half 2022 results: HK$0.005 loss per share (down from HK$0.004 profit in 1H 2021). Revenue: HK$186.8m (down 17% from 1H 2021). Net loss: HK$4.93m (down 220% from profit in 1H 2021). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Announcement • Aug 17
Grown Up Group Investment Holdings Limited to Report First Half, 2022 Results on Aug 26, 2022 Grown Up Group Investment Holdings Limited announced that they will report first half, 2022 results on Aug 26, 2022 Announcement • Aug 09
Grown Up Group Investment Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2022 Grown Up Group Investment Holdings Limited provided earnings guidance for the six months ended June 30, 2022. For the period, the company expected to record a net loss ranging from approximately HKD 5 million to approximately HKD 6 million as compared to a net profit of approximately HKD 4.1 million for the six months ended 30 June 2021. The expected net loss for period was primarily attributable to a lower average gross profit margin for HY2022 as a result of the increase in production costs and the relatively larger increase in sales of essential bags with lower margins during HY2022; the recognition of impairment loss on the outstanding trade receivable due from a former customer of the Group of approximately HKD 3.6 million; and the recognition of fair value loss of approximately HKD 4.4 million relating to the value of the surrender charge of a key man insurance policy as at 30 June 2022. Details of the Policy have been disclosed in the Company's other announcement dated 8 August 2022. Announcement • Aug 04
Grown Up Group Investment Holdings Limited Announces Appointment of Chan Ting Leuk Arthur as an Independent Non- Executive Director and Member of Audit Committee, the Nomination Committee and the Remuneration Committee The board of directors of Grown Up Group Investment Holdings Limited (the ‘Company’, together with its subsidiaries, the ‘Group’) announced that Mr. Chan Ting Leuk Arthur (‘Mr. Chan’) has been appointed as an independent non- executive Director and a member of each of the audit committee, the nomination committee and the remuneration committee (‘Remuneration Committee’) of the Board with effect from 3 August 2022. Mr. Chan, aged 41, has over 17 years of experience in business and technology development. He is a director of Fu Hoi Insurance Management Limited which is engaged in investment, business development and compliance. Mr. Chan is also a co-founder and director of each of Micron Digital Corporation (HK) Limited. Mr. Chan obtained a Master's degree of Engineering Science from The University of New South Wales in 2004, and had completed a bachelor's degree of Computing Science at Queen's University in 2003. Announcement • May 13
Grown Up Group Investment Holdings Limited announced that it expects to receive HKD 15 million in funding Grown Up Group Investment Holdings Limited announced that it entered to subscription agreement with Stuart Ian Grimshaw for issuing convertible bonds at the Conversion Price of HKD 1.68 per shares for gross proceeds of HKD 15,000,000 on May 12, 2022. The company will issue a total of 8,928,571 Conversion Shares will be issued, representing approximately 0.89% of the existing issued share capital of the Company and approximately 0.88% of the issued share capital of the Company as enlarged by the issue of the Conversion Shares. The Subscription and the issue of the Conversion Shares under the General Mandate are not subject to Shareholders’ approval. All necessary consents and approvals required to be obtained on the part of the Company and the Subscriber in respect of the Subscription Agreement and the transactions contemplated there in having been obtained. The principal amount of the bonds following the changes shall not be less than HKD 10,000,000 and shall not be more than HKD 20,000,000. The investor will pay HKD 1,000,000 in cash to the Company at completion of the Subscription as a non-refundable fee for making such change. The maturity date of the bonds will be second anniversary of the date of issue of the Convertible Bonds. The Convertible Bonds shall bear interest from and including the date of its issue at 2.5% per annum on the outstanding principal amount thereof. Interest shall be accrued daily on a 365-day basis and is payable in arrears due on the Maturity Date. The transferability of shares is restricted. The transaction is expected to close on September 30, 2022. Announcement • May 08
Grown Up Group Investment Holdings Limited Announces Board Changes Grown Up Group Investment Holdings Limited announced that Mr. Lau Ning Wa Ricky has tendered his resignation as an independent non-executive Director with effect from 6 May 2022 to focus on his new work commitment. Following the Resignation, Mr. Lau also ceased to be the chairman of the remuneration committee of the Company, and a member of each of the audit committee of the company and the nomination committee of the company. The Board announce that with effect from 6 May 2022, Mr. Wong Kai Hing has been appointed as the chairman of the Remuneration Committee. The Resignation, the Company only has two independent non-executive Directors, namely Mr. Tsang and Mr. Wong. Board Change • Apr 27
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 Hing Suen Tsang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 23
Grown Up Group Investment Holdings Limited Announces Management Changes Grown Up Group Investment Holdings Limited announced that Mr. Thomas Berg (``Mr. Berg''), an executive Director, has resigned as one of the authorised representatives of the Company (the ``Authorised Representative'') under Rule 3.05 of the Rules Governing the Listing of Securities (the ``Listing Rules'') on The Stock Exchange of Hong Kong Limited (the ``Stock Exchange'') with effect from 22 April 2022. The Board also announces that Mr. Ngai Tsz Hin Michael, the joint company secretary of the Company, has been appointed as an Authorised Representative with effect from 22 April 2022. Announcement • Apr 03
Grown Up Group Investment Holdings Limited Announces Management Changes Grown Up Group Investment Holdings Limited announced that Mr. Tang Tin Lok Stephen (``Mr. Tang'') has tendered his resignation as an independent non-executive Director with effect from 1 April 2022 due to his other career development. Following the Resignation, Mr. Tang ceased to be the chairman of the audit committee of the Board, and a member of each of the nomination committee and the remuneration committee of the Board. Following the Resignation, the Board also announced that, with effect from 1 April 2022, Mr. Tsang Hing Suen (``Mr. Tsang'') has been appointed as an independent non-executive Director, the chairman of the Audit Committee; and a member of each of the Nomination Committee and Remuneration Committee. Mr. Tsang, aged 37, has over 14 years of experience in accounting and audit in Hong Kong since September 2007. He has worked for various organizations including international accounting firms and a securities firm. During the past eight years, he held various senior positions including a managerial grade position in the assurance department of an international accounting firm and a financial controller of a securities firm licensed under the Securities and Futures Ordinance. Recent Insider Transactions • Mar 08
Insider recently sold HK$3.9m worth of stock On the 3rd of March, Yu Cheung Yiu sold around 9m shares on-market at roughly HK$0.44 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 31
First half 2021 earnings released: EPS HK$0.004 (vs HK$0.003 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: HK$223.8m (up 14% from 1H 2020). Net income: HK$4.11m (up 20% from 1H 2020). Profit margin: 1.8% (in line with 1H 2020). Executive Departure • Apr 28
Independent Non-Executive Director has left the company On the 21st of April, Yuan Jiang's tenure as Independent Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Yuan's name. A total of 4 executives have left over the last 12 months. Reported Earnings • Mar 28
Full year 2020 earnings released: HK$0.014 loss per share (vs HK$0.032 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: HK$347.4m (up 14% from FY 2019). Net loss: HK$14.5m (loss narrowed 51% from FY 2019). Announcement • Mar 13
Grown Up Group Investment Holdings Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 Grown Up Group Investment Holdings Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Is New 90 Day High Low • Jan 20
New 90-day high: HK$0.54 The company is up 2.0% from its price of HK$0.53 on 22 October 2020. The Hong Kong market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 31% over the same period. Announcement • Dec 06
Grown Up Group Investment Holdings Limited Announces Resignation of Yuan Ye as Executive Director The board of directors of Grown Up Group Investment Holdings Limited announced that Mr. Yuan Ye has tendered his resignation as an executive Director of the Company with effect from 4 December 2020 due to his commitment to other business. Reported Earnings • Sep 26
First half earnings released Over the last 12 months the company has reported total losses of HK$16.7m, with earnings decreasing by HK$37.0m from the prior year. Total revenue was HK$333.1m over the last 12 months, down 38% from the prior year. Announcement • Aug 18
Grown Up Group Investment Holdings Limited to Report First Half, 2020 Results on Aug 31, 2020 Grown Up Group Investment Holdings Limited announced that they will report first half, 2020 results on Aug 31, 2020 Announcement • Jul 18
An undisclosed independent third party acquired 2.5% stake in Grown Up Group Investment Holdings Limited (SEHK:1842) from GP Group Investment Holding Limited for HKD 22.9 million. An undisclosed independent third party acquired 2.5% stake in Grown Up Group Investment Holdings Limited (SEHK:1842) from GP Group Investment Holding Limited for HKD 22.9 million on July 16, 2020. Under the terms of transaction, GP Group Investment will dispose 25.49 million shares at a consideration of HKD 0.9 per sale share.
An undisclosed independent third party completed the acquisition of 2.5% stake in Grown Up Group Investment Holdings Limited (SEHK:1842) from GP Group Investment Holding Limited on July 16, 2020. 
