Announcement • Jun 03
Kidztech Holdings Limited, Annual General Meeting, Jun 29, 2026 Kidztech Holdings Limited, Annual General Meeting, Jun 29, 2026, at 11:00 China Standard Time. Location: conference room, 2/f, kidztech guangdong intelligent technologyco., ltd, yongxin industrial estate, lianshang town, chenghai district, shantou city, guangdong., China Reported Earnings • Apr 04
Full year 2025 earnings released: CN¥0.12 loss per share (vs CN¥0.098 loss in FY 2024) Full year 2025 results: CN¥0.12 loss per share (further deteriorated from CN¥0.098 loss in FY 2024). Revenue: CN¥216.2m (down 1.2% from FY 2024). Net loss: CN¥82.7m (loss widened 35% from FY 2024). 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 29% per year, which means it is significantly lagging earnings. Announcement • Mar 18
Kidztech Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Kidztech Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (HK$125.9m market cap, or US$16.1m). New Risk • Mar 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% 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 Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risk Market cap is less than US$100m (HK$139.9m market cap, or US$17.9m). Recent Insider Transactions • Sep 12
Executive Chairman & CEO recently sold HK$1.9m worth of stock On the 8th of September, Huang Yu sold around 10m shares on-market at roughly HK$0.19 per share. This transaction amounted to 5.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Huang has been a net seller over the last 12 months, reducing personal holdings by HK$2.4m. Reported Earnings • Sep 02
First half 2025 earnings released: CN¥0.024 loss per share (vs CN¥0.028 loss in 1H 2024) First half 2025 results: CN¥0.024 loss per share (improved from CN¥0.028 loss in 1H 2024). Revenue: CN¥68.9m (up 37% from 1H 2024). Net loss: CN¥15.0m (loss narrowed 14% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. New Risk • Aug 30
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 (18% average weekly change). Earnings have declined by 63% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$142.4m market cap, or US$18.3m). Announcement • Aug 30
Kidztech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 16.613402 million. Kidztech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 16.613402 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 124,912,800
Price\Range: HKD 0.133
Discount Per Security: HKD 0.00266
Transaction Features: Subsequent Direct Listing New Risk • Aug 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 17% 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 (17% average weekly change). Earnings have declined by 63% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$124.9m market cap, or US$16.0m). Announcement • Aug 18
Kidztech Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 Kidztech Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Aug 07
Kidztech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 16.613402 million. Kidztech Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 16.613402 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 124,912,800
Price\Range: HKD 0.133
Transaction Features: Subsequent Direct Listing New Risk • Jun 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 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥35m free cash flow). Earnings have declined by 63% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Significant insider selling over the past 3 months (HK$398k sold). Market cap is less than US$100m (HK$98.7m market cap, or US$12.6m). Board Change • Jun 10
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. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Chunlian Huang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 07
Kidztech Holdings Limited, Annual General Meeting, Jun 30, 2025 Kidztech Holdings Limited, Annual General Meeting, Jun 30, 2025, at 11:00 China Standard Time. Location: conference room, 2/f, kidztech (guangdong), intelligent technology co., ltd., yongxin industrial estate, lianshang town, chenghai district, guangdong, shantou city, China Recent Insider Transactions • Apr 30
Executive Chairman & CEO recently sold HK$398k worth of stock On the 25th of April, Huang Yu sold around 3m shares on-market at roughly HK$0.12 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Huang has been a net seller over the last 12 months, reducing personal holdings by HK$594k. New Risk • Apr 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$73.7m (US$9.49m) 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 63% per year over the past 5 years. Market cap is less than US$10m (HK$73.7m market cap, or US$9.49m). Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.098 loss per share (vs CN¥0.17 loss in FY 2023) Full year 2024 results: CN¥0.098 loss per share (improved from CN¥0.17 loss in FY 2023). Revenue: CN¥218.8m (up 67% from FY 2023). Net loss: CN¥61.1m (loss narrowed 38% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 46% per year whereas the company’s share price has fallen by 47% per year. Announcement • Mar 18
Kidztech Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Kidztech Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 69% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (HK$85.6m market cap, or US$11.0m). Announcement • Feb 28
Kidztech Holdings Limited Announces Executive Changes, Effective 1 March 2025 The board (the "Board") of directors (the "Director(s)") of Kidztech Holdings Limited announced that Mr. Chan Pak Lun ("Mr. Chan") has tendered his resignation as the company secretary of the Company and an authorized representative of the Company under Rule 3.05 of the Listing Rules with effect from 1 March 2025. The Board announced that Mr. Kam Chun Ying, Francis ("Mr. Kam") has been appointed as the Company Secretary and the Authorised Representative with effect from 1 March 2025. Mr. Kam, aged 58, has over 30 years of experience in corporate and finance management. He has been a member of the Hong Kong Institute of Certified Public Accountants since June 1996 and a fellow of the Chartered Association of Certified Accountants since June 2001. Mr. Kam graduated from Heriot-Watt University in the United Kingdom in November 2004 with a master's degree in business administration. Mr. Kam has served as the qualified accountant of Chongqing Machinery & Electric Co. Ltd. since February 2008. He also served as the company secretary of Xinming China Holdings Limited since July 2016 and served as the chief investment officer since January 2017. New Risk • Jan 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$70.6m (US$9.08m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 69% per year over the past 5 years. Market cap is less than US$10m (HK$70.6m market cap, or US$9.08m). Recent Insider Transactions • Nov 28
Executive Chairman & CEO recently sold HK$196k worth of stock On the 25th of November, Huang Yu sold around 1m shares on-market at roughly HK$0.15 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Huang's only on-market trade for the last 12 months. New Risk • Sep 07
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 69% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$138.7m market cap, or US$17.8m). Announcement • Aug 20
Kidztech Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 Kidztech Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Jul 24
Kidztech Holdings Limited, Annual General Meeting, Aug 16, 2024 Kidztech Holdings Limited, Annual General Meeting, Aug 16, 2024, at 11:00 China Standard Time. Location: conference room,2/f, kidztech (guangdong) intelligent technology co.ltd, yongxin industrial estate, lianshang town, chenghai district, guangdong, shantou China Board Change • Jul 23
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Lan Gong 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 • Jul 15
Kidztech Holdings Limited Announces Board Changes The board of directors of Kidztech Holdings Limited announced that Mr. He Weidong has resigned as an independent non-executive Director, the chairman of the nomination committee of the Company, and a member of each of the remuneration committee and the audit committee of the Company, all with effect from 15 July 2024 due to his plan for retirement. The Board announced that Ms. Huang Chunlian has been appointed as an independent non-executive Director, the chairperson of the Nomination Committee, and a member of each of the Remuneration Committee and Audit Committee, all with effect from 15 July 2024. Ms. Huang, aged 29, obtained a Bachelor's degree in Accounting from South China Normal University in China in 2020. Ms. Huang has accumulated over 7 years of experience in accounting and financial management, and possesses expertise in customs,logistics and related industries. Since January 2020, Ms. Huang has served as the financial director of Shenzhen Guangyi Xiangtong Trading Company Limited. From 30 April 2024 to 26 June 2024, Ms. Huang also served as anindependent non-executive director of Momentum Financial Holdings Limited, a company listed on the main board of the Stock Exchange. The Board believes that Ms. Huang will make valuable contribution to the Company withher experience and expertise in accounting and financial management. Announcement • May 01
Kidztech Holdings Limited to Report Fiscal Year 2023 Final Results on May 31, 2024 Kidztech Holdings Limited announced that they will report fiscal year 2023 final results on May 31, 2024 Announcement • Mar 19
Kidztech Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Kidztech Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 57% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Significant insider selling over the past 3 months (HK$93m sold). Market cap is less than US$100m (HK$108.7m market cap, or US$13.9m). Announcement • Aug 25
Kidztech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 36.2873 million. Kidztech Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 36.2873 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 103,678,000
Price\Range: HKD 0.35
Transaction Features: Subsequent Direct Listing New Risk • Aug 24
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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (47% average weekly change). Earnings have declined by 45% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$780.7m market cap, or US$99.6m). Announcement • Aug 22
Kidztech Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023 Kidztech Holdings Limited announced that they will report first half, 2023 results on Aug 31, 2023 New Risk • Jul 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. Earnings have declined by 45% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$312.5m market cap, or US$39.9m). Reported Earnings • Jul 11
Full year 2022 earnings released: CN¥0.15 loss per share (vs CN¥0.05 profit in FY 2021) Full year 2022 results: CN¥0.15 loss per share (down from CN¥0.05 profit in FY 2021). Revenue: CN¥169.4m (down 40% from FY 2021). Net loss: CN¥76.7m (down 394% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • Jul 06
Kidztech Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2022 Kidztech Holdings Limited provided earnings guidance for the year ended December 31, 2022. The Group expects to record (i) a revenue of approximately RMB 169.4 million for the year ended 31 December 2022 (the "FY2022"), compared to the revenue of RMB 283.8 millionrecorded for the year ended 31 December 2021, representing a decrease of approximately 40.3%; and (ii) a net loss of approximately RMB 77.4 million for financial year 2022, compared to a net profit of RMB 26.1 million recorded for financial year 2021, representing a decrease of approximately 396.6%. Announcement • Jun 13
Kidztech Holdings Limited to Report Fiscal Year 2022 Final Results on Jun 23, 2023 Kidztech Holdings Limited announced that they will report fiscal year 2022 final results on Jun 23, 2023 Announcement • Jun 02
Kidztech Holdings Limited, Annual General Meeting, Jun 30, 2023 Kidztech Holdings Limited, Annual General Meeting, Jun 30, 2023, at 10:00 China Standard Time. Location: Conference Room, 2/F, Kidztech Intelligent Technology Co., Ltd. Yongxin Industrial Estate, Lianshang Town, Chenghai District, Shantou City Guangdong Province China Agenda: To receive and approve the audited consolidated financial statements, the report of the directors and the independent auditor's report of the Company for the year ended 31 December 2022; to re-elect the directors of the Company; to authorize the board of Directors to fix the remuneration of the Directors for the year ending 31 December 2023; to re-appoint McMillan Woods CPA Limited as the auditors of the Company and to authorize the Board to fix their remuneration; and to consider any other matters. Board Change • Nov 16
High number of new directors Executive Director Qiang Zhu was the last director to join the board, commencing their role in 2022. Recent Insider Transactions • Sep 09
Executive Chairman & CEO recently sold HK$108k worth of stock On the 5th of September, Huang Yu sold around 200k shares on-market at roughly HK$0.54 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Huang's only on-market trade for the last 12 months. Reported Earnings • Sep 02
First half 2022 earnings released: CN¥0.084 loss per share (vs CN¥0.014 profit in 1H 2021) First half 2022 results: CN¥0.084 loss per share (down from CN¥0.014 profit in 1H 2021). Revenue: CN¥103.4m (down 10% from 1H 2021). Net loss: CN¥43.5m (down CN¥50.9m from profit in 1H 2021). Announcement • Aug 20
Kidztech Holdings Limited to Report First Half, 2022 Results on Aug 31, 2022 Kidztech Holdings Limited announced that they will report first half, 2022 results on Aug 31, 2022 Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 41% share price gain to HK$3.25, the stock trades at a trailing P/E ratio of 55.6x. Average trailing P/E is 17x in the Leisure industry in Hong Kong. Total returns to shareholders of 117% over the past year. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improved over the past week After last week's 25% share price gain to HK$2.00, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 18x in the Leisure industry in Hong Kong. Total returns to shareholders of 38% over the past year. Announcement • Jul 22
Kidztech Holdings Limited Announces Executive Changes Kidztech Holdings Limited announces that with effect from 21 July 2022 Ms. Koo Ching Fan has resigned as the Company Secretary and an Authorised Representative and Mr. Hong Kam Le has been appointed as the Company Secretary and an Authorised Representative in place of Ms. Koo. Mr. Hong, aged 43, was admitted as a solicitor in Hong Kong in September 2007 and has more than 14 years of experience in the legal industry. Mr. Hong has been a partner of Chungs Lawyers in association with DeHeng Law Offices since November 2018 and previously served as a partner of Li & Partners from February 2016 to October 2018. Mr. Hong obtained a bachelor's degree in commerce and a bachelor's degree in laws from The University of Sydney in June 2003 and May 2004, respectively, and a postgraduate certificate in laws from The University of Hong Kong in June 2005. Mr. Hong has served as the company secretary and authorised representative of Dadi International Group Limited, since 5 March 2022. From December 2013 to June 2021, Mr. Hong served as the company secretary and authorised representative of Shengli Oil & Gas Pipe Holdings Limited (stock code: 1080), a company listed on the Main Board of the Stock Exchange. From September 2015 to July 2020, he also served as one of the joint company secretaries of Jujiang Construction Group Co. Ltd. (stock code: 1459), a company listed on the Main Board of the Stock Exchange. Mr. Hong has also served as an independent non-executive director of Hong Kong Johnson Holdings Co. Ltd. (stock code: 1955), a company listed on the Main Board of the Stock Exchange, since September 2019. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 25% share price gain to HK$1.44, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 14x in the Leisure industry in Hong Kong. Total loss to shareholders of 8.9% over the past year. Announcement • Jun 01
Kidztech Holdings Limited Announces Resignation of He Minhua as Executive Director The board of directors of Kidztech Holdings Limited announced that He Minhua has tendered her resignation as an executive director of the Company with effect from 31 May 2022 to pursue her personal career development. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improved over the past week After last week's 16% share price gain to HK$1.18, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 14x in the Leisure industry in Hong Kong. Total loss to shareholders of 24% over the past year. Announcement • May 26
Kidztech Holdings Limited Announces Resignation of Cao Xuelian as Joint Company Secretary The board of directors of Kidztech Holdings Limited announced that Ms. Cao Xuelian has tendered her resignation as a joint company secretary of the Company with effect from 24 May 2022 due to her personal career development. Announcement • May 07
Kidztech Holdings Limited, Annual General Meeting, Jun 24, 2022 Kidztech Holdings Limited, Annual General Meeting, Jun 24, 2022, at 10:00 China Standard Time. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Executive Chairman & CEO Huang Yu is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Lan Gong was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Apr 20
Kidztech Holdings Limited to Report Fiscal Year 2021 Results on Apr 29, 2022 Kidztech Holdings Limited announced that they will report fiscal year 2021 results on Apr 29, 2022 Reported Earnings • Apr 04
Full year 2021 earnings released: EPS: CN¥0.053 (vs CN¥0.048 in FY 2020) Full year 2021 results: EPS: CN¥0.053 (up from CN¥0.048 in FY 2020). Revenue: CN¥284.3m (down 3.9% from FY 2020). Net income: CN¥27.6m (up 14% from FY 2020). Profit margin: 9.7% (up from 8.2% in FY 2020). The increase in margin was driven by lower expenses. Reported Earnings • Sep 03
First half 2021 earnings released: EPS CN¥0.014 (vs CN¥0.003 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: CN¥115.5m (down 1.2% from 1H 2020). Net income: CN¥7.31m (up 372% from 1H 2020). Profit margin: 6.3% (up from 1.3% in 1H 2020). The increase in margin was driven by lower expenses. Executive Departure • Sep 02
Independent Non-Executive Director Man Liu has left the company On the 31st of August, Man Liu's tenure as Independent Non-Executive Director ended after 1.5 years in the role. We don't have any record of a personal shareholding under Man's name. A total of 2 executives have left over the last 12 months. Announcement • Aug 26
Kidztech Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021 Kidztech Holdings Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the company expected expects to record a revenue of approximately RMB 115.5 million for the six months ended 30 June 2021 (the "first half of 2021"), representing a slight decrease of approximately RMB 1.36 million or 1.17% when compared to that of the six months ended 30 June 2020 (the " first half of 2020"); and a net profit of approximately RMB 7.3 million for first half of 2021, representing an increase of approximately RMB 5.8 million or 362.5% when compared to the net profit of approximately RMB1.6 million for first half of 2020 and a decrease of approximately RMB 6.9 million or 48.6% when compared to the adjusted net profit (excluding the one-off listing expenses) of approximately RMB 14.2 million for first half of 2020. Announcement • May 28
Kidztech Holdings Limited Approves Final Dividend for the Year Ended 31 December 2020 Kidztech Holdings Limited announced that at its AGM held on May 27, 2021, approved the declaration of a final dividend of HKD 0.018 per share for the year ended 31 December 2020. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improved over the past week After last week's 37% share price gain to CN¥1.58, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 10x in the Leisure industry in Hong Kong. Total returns to shareholders of 66% over the past year. Valuation Update With 7 Day Price Move • May 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥1.52, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 9x in the Leisure industry in Hong Kong. Total returns to shareholders of 60% over the past year. Reported Earnings • Apr 29
Full year 2020 earnings released: EPS CN¥0.048 (vs CN¥0.082 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥295.9m (down 9.2% from FY 2019). Net income: CN¥24.1m (down 32% from FY 2019). Profit margin: 8.2% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS CN¥0.048 (vs CN¥0.082 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥295.9m (down 9.2% from FY 2019). Net income: CN¥24.1m (down 32% from FY 2019). Profit margin: 8.2% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue. Announcement • Mar 17
Kidztech Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2020 Kidztech Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2020. The group expects to record (i) a revenue of approximately RMB 295.9 million for the year ended 31 December 2020 (the Fiscal year 2020) when compared with the revenue of RMB 325.8 million recorded for the year ended 31 December 2019 (Fiscal year 2019), representing a decrease of approximately 9.2%; and (ii) a net profit of approximately RMB 24.1 million for Fiscal year 2020 when compared with a net profit of RMB 35.4 million recorded for Fiscal year 2019, representing a decrease of approximately 31.9%. If the one-time listing expenses are excluded, a net profit of approximately RMB 36.6 million is expected to be
recorded for Fiscal year 2020 when compared with a net profit of RMB 51.8 million recorded for Fiscal year 2019, representing a decrease of approximately 29.3%. Announcement • Mar 16
Kidztech Holdings Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Kidztech Holdings Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥1.98, the stock is trading at a trailing P/E ratio of 32x, up from the previous P/E ratio of 27.5x. This compares to an average P/E of 7x in the Leisure industry in Hong Kong. Is New 90 Day High Low • Mar 01
New 90-day high: HK$1.98 The company is up 85% from its price of HK$1.07 on 01 December 2020. The Hong Kong market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 13% over the same period. Is New 90 Day High Low • Feb 08
New 90-day high: HK$1.54 The company is up 47% from its price of HK$1.05 on 10 November 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 39% share price gain to CN¥1.53, the stock is trading at a trailing P/E ratio of 24.8x, up from the previous P/E ratio of 17.8x. This compares to an average P/E of 8x in the Leisure industry in Hong Kong. Is New 90 Day High Low • Jan 22
New 90-day high: HK$1.27 The company is up 21% from its price of HK$1.05 on 23 October 2020. The Hong Kong market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: HK$1.11 The company is up 4.0% from its price of HK$1.07 on 18 September 2020. The Hong Kong market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Leisure industry, which is down 1.0% over the same period. Announcement • Aug 11
Kidztech Holdings Limited to Report First Half, 2020 Results on Aug 20, 2020 Kidztech Holdings Limited announced that they will report first half, 2020 results on Aug 20, 2020