New Risk • Jun 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$73.8m (US$9.41m) 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 Earnings have declined by 61% per year over the past 5 years. Market cap is less than US$10m (HK$73.8m market cap, or US$9.41m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Announcement • Jun 24
Continental Holdings Limited Appoints Cheng Siu Yin, Shirley as Member of Nomination Committee, Effective June 22, 2026 Continental Holdings Limited announced that Ms. Cheng Siu Yin, Shirley, an executive Director of the Company, had been appointed as a member of the nomination committee of the Company with effect from June 22, 2026. Following the above appointment, the Nomination Committee had one member of a different gender and continued to comprise a majority of independent non-executive Directors. The Nomination Committee comprised five members, namely Mr. Chan Wai Lap, Victor (committee chairman), Mr. Chan Ping Kuen, Derek, Mr. Cheung Chi Fai, Frank, Mr. Yam Tat Wing and Ms. Cheng Siu Yin, Shirley. New Risk • May 12
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 61% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$159.8m market cap, or US$20.4m). Announcement • Feb 11
Continental Holdings Limited to Report First Half, 2026 Results on Feb 27, 2026 Continental Holdings Limited announced that they will report first half, 2026 results on Feb 27, 2026 Announcement • Jan 29
Luo Zhihui completed the acquisition of Golden Offer Holdings Limited from Continental Holdings Limited (SEHK:513). Luo Zhihui signed a letter of intent to acquire Golden Offer Holdings Limited from Continental Holdings Limited (SEHK:513) for CNY 33.4 million on July 2, 2025. On September 23, 2025, the parties have signed a sale and purchase agreement. A cash consideration will be paid for the 100% stake and entire loan owing by Golden Offer Holdings Limited to Continental Holdings Limited. The net proceeds from the disposal and the sum of CNY 6.6 million will be used for repaying part of the bank borrowings and general working capital. As more time is required to fulfil the conditions precedent of the Disposal, on 15 October 2025 (after trading hours), the Vendor, the Purchaser and the Company entered into a supplemental agreement to the Sale and Purchase Agreement. Completion of the Disposal is conditional upon the fulfillment of the conditions precedent.
The transaction is subject to shareholder approval of Continental Holdings Limited. The expected completion of the transaction is October 15, 2025.
Luo Zhihui completed the acquisition of Golden Offer Holdings Limited from Continental Holdings Limited (SEHK:513) on January 27, 2026. Reported Earnings • Sep 30
Full year 2025 earnings released: HK$0.38 loss per share (vs HK$0.38 loss in FY 2024) Full year 2025 results: HK$0.38 loss per share (further deteriorated from HK$0.38 loss in FY 2024). Revenue: HK$585.8m (up 63% from FY 2024). Net loss: HK$259.1m (flat on FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Continental Holdings Limited, Annual General Meeting, Dec 15, 2025 Continental Holdings Limited, Annual General Meeting, Dec 15, 2025. Announcement • Sep 24
Luo Zhihui signed a letter of intent to acquire Golden Offer Holdings Limited from Continental Holdings Limited (SEHK:513) for CNY 33.4 million. Luo Zhihui signed a letter of intent to acquire Golden Offer Holdings Limited from Continental Holdings Limited (SEHK:513) for CNY 33.4 million on July 2, 2025. On September 23, 2025, the parties have signed a sale and purchase agreement. A cash consideration will be paid for the 100% stake and entire loan owing by Golden Offer Holdings Limited to Continental Holdings Limited. The net proceeds from the disposal and the sum of CNY 6.6 million will be used for repaying part of the bank borrowings and general working capital.
The transaction is subject to subject to shareholder approval. As of September 23, 2025, the deal has been approved by shareholders of Golden Offer Holdings Limited. The expected completion of the transaction is October 15, 2025. Announcement • Sep 16
Continental Holdings Limited to Report Fiscal Year 2025 Results on Sep 29, 2025 Continental Holdings Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on Sep 29, 2025 New Risk • Aug 13
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 14% 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 Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings have declined by 76% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (HK$111.3m market cap, or US$14.2m). Reported Earnings • Mar 20
First half 2025 earnings released: HK$0.025 loss per share (vs HK$0.046 loss in 1H 2024) First half 2025 results: HK$0.025 loss per share (improved from HK$0.046 loss in 1H 2024). Revenue: HK$329.3m (up 65% from 1H 2024). Net loss: HK$17.0m (loss narrowed 46% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Announcement • Feb 11
Continental Holdings Limited to Report First Half, 2025 Results on Feb 24, 2025 Continental Holdings Limited announced that they will report first half, 2025 results on Feb 24, 2025 Reported Earnings • Sep 26
Full year 2024 earnings released: HK$0.38 loss per share (vs HK$0.14 loss in FY 2023) Full year 2024 results: HK$0.38 loss per share (further deteriorated from HK$0.14 loss in FY 2023). Revenue: HK$360.4m (down 21% from FY 2023). Net loss: HK$257.3m (loss widened 162% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Announcement • Sep 26
Continental Holdings Limited, Annual General Meeting, Dec 02, 2024 Continental Holdings Limited, Annual General Meeting, Dec 02, 2024. Announcement • Sep 10
Continental Holdings Limited to Report Fiscal Year 2024 Results on Sep 25, 2024 Continental Holdings Limited announced that they will report fiscal year 2024 results on Sep 25, 2024 Reported Earnings • Mar 21
First half 2024 earnings released: HK$0.046 loss per share (vs HK$0.009 loss in 1H 2023) First half 2024 results: HK$0.046 loss per share (further deteriorated from HK$0.009 loss in 1H 2023). Revenue: HK$200.2m (down 26% from 1H 2023). Net loss: HK$31.7m (loss widened 406% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Feb 10
Continental Holdings Limited to Report First Half, 2024 Results on Feb 26, 2024 Continental Holdings Limited announced that they will report first half, 2024 results on Feb 26, 2024 Announcement • Feb 08
Continental Holdings Limited Announces Executive Changes Continental Holdings Limited announced that Ms. Chan Mei Kei, Alice ("Ms. Chan") has been appointed as an executive director of the Company with effect from 8 February 2024. Ms. Chan, aged 45, holds a Bachelor of Science degree from the School of Hotel Administration of Cornell University. She has extensive experience in the jewellery industry, including retail marketing in Hong Kong, export marketing and product development, online and offline retail operations in China. She joined the Group in July 2004 and is responsible for driving the corporate development strategy, sales and marketing functions of the Group. She was a director of the Group's joint venture company - Shanghai Haijin Real Estate Co. Ltd. from December 2014 to June 2018, where she successfully led the development and operations of a sizeable shopping mall in Shanghai. She is currently the General Manager of two wholly-owned subsidiaries of the Company and is responsible for overseeing the property development and investments of the Group. Prior to joining the Group. She held positions at Credit Suisse First Boston in equity capital markets and Christian Dior Asia Pacific Ltd. in marketing and communications New York and Hong Kong offices respectively. Ms. Chan is the sister of Mr. Chan Wai Lap, Victor, the chairman and an executive director of the Company, and Ms. Chan Wai Kei, Vicki, an executive director of the Company. Ms. Chan is also the daughter of Ms. Cheng Siu Yin, Shirley, an executive director of the Company. Save as aforesaid, Ms. Chan does not have any relationships with any directors, senior management or substantial or controlling shareholders of the Company. The Board announced that Mr. Yam Tat Wing ("Mr. Yam") has been re-designated as an independent non-executive director of the Company and appointed as a member of the Audit Committee and Nomination Committee of the Company with effect from 8 February 2024. Mr. Yam, aged 70, was educated up to matriculation and he obtained a Certificate in Personnel Management from the Hong Kong Polytechnic (now known as The Hong Kong Polytechnic University). Mr. Yam joined the Group in 2011 as general manager - business development and mining of the Group. He was appointed as an executive director of the Company on 1 March 2014 and was re-designated as a non-executive director of the Company on 1 January 2017. Mr. Yam was a director of Golden Offer Holdings Limited and Henan Multi-Resources Mining Company Limited, both of which are subsidiaries of the Company. He resigned as a director of Golden Offer Holdings Limited and Henan Multi-Resources Mining Company Limited on 1 January 2017 and 31 May 2018 respectively. Prior to joining the Group, Mr. Yam served in the Hong Kong Police Force (the "Force") for over 37 years. He was the Deputy Commissioner, Operations from January 2007 to March 2010. Mr. Yam has extensive experience in leadership, public administration and crisis management. During his career in the Force, Mr. Yam was awarded the Silver Bauhinia Star Medal, Colonial Police Long Service Medal with 3rd clasp, the Colonial Police Medal for Meritorious Service, the Hong Kong Police Medal for Distinguished Service and Chief Executives Commendation. From August 2011 to August 2021, he was appointed an Affiliated Fellow of Wu Yee Sun College of The Chinese University of Hong Kong. He is an Honorary Advisor to the Asian Professional Security Association Hong Kong Chapter. Mr. Yam was appointed an Honorary Chairman of International Legal Commercial Elites Association in 2021. Since his re-designation as a non-executive director of the Company on 1 January 2017 and his resignation from the position of director of Golden Offer Holdings Limited and Henan Multi-Resources Mining Company Limited on 1 January 2017 and 31 May 2018 respectively, Mr. Yam has not held any executive or management role or function in the Group. He has not taken part in the day-to-day management and operation of the Group beyond his attendance at and participation in board meetings of the Company. Reported Earnings • Oct 28
Full year 2023 earnings released: HK$0.14 loss per share (vs HK$0.018 profit in FY 2022) Full year 2023 results: HK$0.14 loss per share (down from HK$0.018 profit in FY 2022). Revenue: HK$455.6m (down 25% from FY 2022). Net loss: HK$98.3m (down HK$110.4m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Announcement • Oct 26
Continental Holdings Limited, Annual General Meeting, Dec 12, 2023 Continental Holdings Limited, Annual General Meeting, Dec 12, 2023, at 11:00 China Standard Time. Location: Function Rooms 2 & 3, 3/F, The Mira Hong Kong, 118 Nathan Road, Tsimshatsui, Kowloon, Hong Kong Tsimshatsui Kowloon Hong Kong Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and the independent auditor of the Company and its subsidiaries for the year ended 30 June 2023; to re-elect Mr. Wong Edward Gwon-hing as an executive director of the Company; to re-elect Mr. Yam Tat Wing as a non-executive director of the Company; to re-elect Mr. Chan Ping Kuen, Derek as an independent non-executive director of the Company; to re-elect Mr. Sze Irons as an independent non-executive director of the Company; and to consider other matters if any. New Risk • Oct 21
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 9.8% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 82% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (HK$177.6m market cap, or US$22.7m). Reported Earnings • Sep 27
Full year 2023 earnings released: HK$0.14 loss per share (vs HK$0.018 profit in FY 2022) Full year 2023 results: HK$0.14 loss per share (down from HK$0.018 profit in FY 2022). Revenue: HK$455.6m (down 25% from FY 2022). Net loss: HK$98.3m (down HK$110.4m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Announcement • Sep 15
Continental Holdings Limited to Report Fiscal Year 2023 Results on Sep 26, 2023 Continental Holdings Limited announced that they will report fiscal year 2023 results on Sep 26, 2023 Reported Earnings • Mar 01
First half 2023 earnings released: HK$0.009 loss per share (vs HK$0.023 profit in 1H 2022) First half 2023 results: HK$0.009 loss per share (down from HK$0.023 profit in 1H 2022). Revenue: HK$269.9m (down 20% from 1H 2022). Net loss: HK$6.26m (down 140% from profit in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Feb 15
Continental Holdings Limited to Report First Half, 2023 Results on Feb 27, 2023 Continental Holdings Limited announced that they will report first half, 2023 results on Feb 27, 2023 Announcement • Jan 20
Continental Holdings Limited Provides Earnings Guidance for the Six Months Ended 31 December 2022 Continental Holdings Limited provides earnings guidance for the six months ended 31 December 2022. The Group is expected to record an estimated loss in a range of approximately HKD 7.0 million to HKD 9.0 million for the six months ended 31 December 2022 as compared to the profit of approximately HKD 17.1 million for the six months ended 31 December 2021. The loss is mainly due to (i) decrease in revenue of approximately 20% as compared to the six months ended 31 December 2021; (ii) increase in finance cost of approximately HKD 13.5 million; and (iii) recognised foreign exchange loss as compared to the net gain of HKD 1.0 million for the six months ended 31 December 2021. Announcement • Dec 06
Continental Holdings Limited Approves Final Dividend for the Year Ended 30 June 2022 Continental Holdings Limited at its AGM held on December 5, 2022, approved final dividend of 2.00 Hong Kong cents per share for the year ended 30 June 2022. Upcoming Dividend • Nov 30
Upcoming dividend of HK$0.02 per share Eligible shareholders must have bought the stock before 07 December 2022. Payment date: 13 January 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.1%. Lower than top quartile of Hong Kong dividend payers (8.7%). Higher than average of industry peers (2.6%). 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. 8 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Frank Cheung was the last independent director to join the board, commencing their role in 2010. 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 • Oct 25
Full year 2022 earnings released: EPS: HK$0.018 (vs HK$0.029 in FY 2021) Full year 2022 results: EPS: HK$0.018 (down from HK$0.029 in FY 2021). Revenue: HK$603.9m (up 13% from FY 2021). Net income: HK$12.1m (down 39% from FY 2021). Profit margin: 2.0% (down from 3.7% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 25
Full year 2022 earnings released: EPS: HK$0.018 (vs HK$0.029 in FY 2021) Full year 2022 results: EPS: HK$0.018 (down from HK$0.029 in FY 2021). Revenue: HK$603.9m (up 13% from FY 2021). Net income: HK$12.1m (down 39% from FY 2021). Profit margin: 2.0% (down from 3.7% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Announcement • Sep 14
Continental Holdings Limited to Report Fiscal Year 2022 Results on Sep 23, 2022 Continental Holdings Limited announced that they will report fiscal year 2022 results on Sep 23, 2022 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. 2 experienced directors. 8 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Frank Cheung was the last independent director to join the board, commencing their role in 2010. 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 • Feb 28
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: HK$0.023 (down from HK$0.026 in 1H 2021). Revenue: HK$335.6m (up 16% from 1H 2021). Net income: HK$15.9m (down 11% from 1H 2021). Profit margin: 4.7% (down from 6.2% 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 82 percentage points per year, which is a significant difference in performance. Announcement • Feb 12
Continental Holdings Limited to Report First Half, 2022 Results on Feb 24, 2022 Continental Holdings Limited announced that they will report first half, 2022 results on Feb 24, 2022 Upcoming Dividend • Dec 13
Upcoming dividend of HK$0.02 per share Eligible shareholders must have bought the stock before 20 December 2021. Payment date: 14 January 2022. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Hong Kong dividend payers (7.2%). Higher than average of industry peers (1.2%). Reported Earnings • Sep 28
Full year 2021 earnings released: EPS HK$0.029 (vs HK$0.022 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$536.3m (up 28% from FY 2020). Net income: HK$19.9m (up HK$35.2m from FY 2020). Profit margin: 3.7% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 19
First half 2021 earnings released: EPS HK$0.003 (vs HK$0.001 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$289.2m (up 1.1% from 1H 2020). Net income: HK$17.8m (up 162% from 1H 2020). Profit margin: 6.2% (up from 2.4% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 88% 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. Reported Earnings • Mar 02
First half 2021 earnings released: EPS HK$0.003 (vs HK$0.001 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$289.2m (up 1.1% from 1H 2020). Net income: HK$17.8m (up 162% from 1H 2020). Profit margin: 6.2% (up from 2.4% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 88% 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 • Feb 11
Continental Holdings Limited to Report First Half, 2021 Results on Feb 25, 2021 Continental Holdings Limited announced that they will report first half, 2021 results on Feb 25, 2021 Announcement • Nov 20
Continental Holdings Limited, Annual General Meeting, Dec 22, 2020 Continental Holdings Limited, Annual General Meeting, Dec 22, 2020, at 11:00 China Standard Time. Location: Whampoa 01 & 02, 1/F, Harbour Grand Kowloon, 20 Tak Fung Street, Whampoa Garden Hunghom Kowloon Hong Kong Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and the independent auditor of the company and its subsidiaries for the year ended 30 June 2020; to re-elect director of the company; to authorise the board of directors of the company to fix the directors' remuneration; to re-appoint BDO Limited as the independent auditor of the company and authorise the directors of the Company to fix the auditor's remuneration; and to consider other matters. Reported Earnings • Oct 27
Full year earnings released - HK$0.0022 loss per share Over the last 12 months the company has reported total losses of HK$15.3m, with earnings decreasing by HK$59.0m from the prior year. Total revenue was HK$420.3m over the last 12 months, down 4.7% from the prior year. Reported Earnings • Sep 30
Full year earnings released - HK$0.0022 loss per share Over the last 12 months the company has reported total losses of HK$15.3m, with earnings decreasing by HK$59.0m from the prior year. Total revenue was HK$420.3m over the last 12 months, down 4.7% from the prior year. 
