Upcoming Dividend • May 19
Upcoming dividend of HK$0.058 per share Eligible shareholders must have bought the stock before 26 May 2026. Payment date: 17 June 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.0%. Within top quartile of Hong Kong dividend payers (6.8%). Lower than average of industry peers (8.7%). Recent Insider Transactions • May 08
Founder & Chairman recently bought HK$50k worth of stock On the 4th of May, Chun Kam Yeung bought around 36k shares on-market at roughly HK$1.40 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$124k. Chun Kam has been a buyer over the last 12 months, purchasing a net total of HK$6.2m worth in shares. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: HK$0.05 (vs HK$0.041 in FY 2024) Full year 2025 results: EPS: HK$0.05 (up from HK$0.041 in FY 2024). Revenue: HK$976.7m (up 7.3% from FY 2024). Net income: HK$75.2m (up 23% from FY 2024). Profit margin: 7.7% (up from 6.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year. Recent Insider Transactions • Apr 12
Founder & Chairman recently bought HK$67k worth of stock On the 9th of April, Chun Kam Yeung bought around 48k shares on-market at roughly HK$1.40 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$270k. Chun Kam has been a buyer over the last 12 months, purchasing a net total of HK$5.2m worth in shares. Recent Insider Transactions • Apr 07
Founder & Chairman recently bought HK$67k worth of stock On the 31st of March, Chun Kam Yeung bought around 48k shares on-market at roughly HK$1.39 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$270k. Chun Kam has been a buyer over the last 12 months, purchasing a net total of HK$5.1m worth in shares. Recent Insider Transactions • Mar 31
Founder & Chairman recently bought HK$56k worth of stock On the 27th of March, Chun Kam Yeung bought around 40k shares on-market at roughly HK$1.39 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$270k. Chun Kam has been a buyer over the last 12 months, purchasing a net total of HK$4.9m worth in shares. Declared Dividend • Mar 28
Final dividend of HK$0.058 announced Dividend of HK$0.058 is the same as last year. Ex-date: 26th May 2026 Payment date: 17th June 2026 Dividend yield will be 7.1%, which is higher than the industry average of 5.9%. Sustainability & Growth Dividend is not covered by earnings (144% earnings payout ratio). However, it is well covered by cash flows (47% 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 grow by 60% to bring the payout ratio under control. However, EPS has declined by 3.2% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: HK$0.05 (vs HK$0.041 in FY 2024) Full year 2025 results: EPS: HK$0.05 (up from HK$0.041 in FY 2024). Revenue: HK$976.7m (up 7.3% from FY 2024). Net income: HK$75.2m (up 23% from FY 2024). Profit margin: 7.7% (up from 6.7% in FY 2024). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year. Announcement • Mar 26
Glorious Sun Enterprises Limited, Annual General Meeting, May 21, 2026 Glorious Sun Enterprises Limited, Annual General Meeting, May 21, 2026. New Risk • Mar 22
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 Risk Earnings have declined by 10% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by earnings (213% payout ratio). Large one-off items impacting financial results. Announcement • Mar 11
Glorious Sun Enterprises Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Glorious Sun Enterprises Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 Recent Insider Transactions • Oct 21
Founder & Chairman recently bought HK$52k worth of stock On the 15th of October, Chun Kam Yeung bought around 40k shares on-market at roughly HK$1.30 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Chun Kam has been a buyer over the last 12 months, purchasing a net total of HK$70k worth in shares. Declared Dividend • Aug 20
First half dividend of HK$0.04 announced Shareholders will receive a dividend of HK$0.04. Ex-date: 29th August 2025 Payment date: 23rd September 2025 Dividend yield will be 7.4%, which is higher than the industry average of 5.5%. Sustainability & Growth Dividend is not covered by earnings (213% earnings payout ratio). However, it is covered by cash flows (54% 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 grow by 137% to bring the payout ratio under control. However, EPS has declined by 5.0% over the last 5 years so the company would need to reverse this trend. Announcement • May 20
Glorious Sun Enterprises Limited Declares Final Dividend for the Year Ended 31 December 2024 Glorious Sun Enterprises Limited in its annual general meeting held on 19 May 2025, approved to declare the final dividend of 5.80 HK cents per share for the year ended 31 December 2024. Upcoming Dividend • May 14
Upcoming dividend of HK$0.058 per share Eligible shareholders must have bought the stock before 21 May 2025. Payment date: 10 June 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.8%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (2.8%). Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: HK$0.041 (vs HK$0.029 in FY 2023) Full year 2024 results: EPS: HK$0.041 (up from HK$0.029 in FY 2023). Revenue: HK$910.2m (up 11% from FY 2023). Net income: HK$61.4m (up 41% from FY 2023). Profit margin: 6.7% (up from 5.3% in FY 2023). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. New Risk • Mar 28
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 Dividend is not well covered by earnings and cash flows. Payout ratio: 265% Cash payout ratio: 125% Earnings have declined by 21% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Announcement • Mar 27
Glorious Sun Enterprises Limited, Annual General Meeting, May 19, 2025 Glorious Sun Enterprises Limited, Annual General Meeting, May 19, 2025. Announcement • Mar 12
Glorious Sun Enterprises Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Glorious Sun Enterprises Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 Reported Earnings • Aug 26
First half 2024 earnings released: EPS: HK$0.016 (vs HK$0.012 in 1H 2023) First half 2024 results: EPS: HK$0.016 (up from HK$0.012 in 1H 2023). Revenue: HK$529.9m (up 17% from 1H 2023). Net income: HK$24.5m (up 39% from 1H 2023). Profit margin: 4.6% (up from 3.9% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Declared Dividend • Aug 23
First half dividend increased to HK$0.04 Dividend of HK$0.04 is 100% higher than last year. Ex-date: 3rd September 2024 Payment date: 20th September 2024 Dividend yield will be 8.6%, which is higher than the industry average of 5.5%. Sustainability & Growth Dividend is not covered by earnings (144% earnings payout ratio) nor is it covered by cash flows (131% 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 grow by 60% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates. Announcement • Aug 21
Glorious Sun Enterprises Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable 20 September 2024 Glorious Sun Enterprises Limited announced Interim dividend of HKD 0.04 per share for the six months ended 30 June 2024. Ex-dividend date 03 September 2024, Record date 09 September 2024 and Payment date 20 September 2024. Announcement • Aug 09
Glorious Sun Enterprises Limited to Report First Half, 2024 Results on Aug 21, 2024 Glorious Sun Enterprises Limited announced that they will report first half, 2024 results on Aug 21, 2024 Announcement • May 25
Glorious Sun Enterprises Limited Approves Final Dividend for the Year Ended December 31, 2023 Glorious Sun Enterprises Limited at its AGM held on May 24, 2024 approved final dividend of HKD 4.80 cents per share for the year ended 31 December 2023. Upcoming Dividend • May 21
Upcoming dividend of HK$0.048 per share Eligible shareholders must have bought the stock before 28 May 2024. Payment date: 19 June 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.2%. Lower than top quartile of Hong Kong dividend payers (7.4%). Higher than average of industry peers (4.7%). Declared Dividend • Mar 27
Final dividend of HK$0.048 announced Shareholders will receive a dividend of HK$0.048. Ex-date: 28th May 2024 Payment date: 19th June 2024 Dividend yield will be 8.2%, which is higher than the industry average of 5.5%. Sustainability & Growth Dividend is not covered by earnings (238% earnings payout ratio) nor is it covered by cash flows (118% 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 grow by 164% to bring the payout ratio under control. However, EPS has declined by 11% over the last 5 years so the company would need to reverse this trend. Announcement • Mar 26
Glorious Sun Enterprises Limited, Annual General Meeting, May 24, 2024 Glorious Sun Enterprises Limited, Annual General Meeting, May 24, 2024. Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: HK$0.029 (vs HK$0.026 in FY 2022) Full year 2023 results: EPS: HK$0.029 (up from HK$0.026 in FY 2022). Revenue: HK$821.2m (down 23% from FY 2022). Net income: HK$43.6m (up 11% from FY 2022). Profit margin: 5.3% (up from 3.7% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Mar 09
Glorious Sun Enterprises Limited to Report Fiscal Year 2023 Results on Mar 25, 2024 Glorious Sun Enterprises Limited announced that they will report fiscal year 2023 results on Mar 25, 2024 Upcoming Dividend • Sep 07
Upcoming dividend of HK$0.02 per share at 7.3% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 28 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.3%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.3%). Reported Earnings • Aug 31
First half 2023 earnings released: EPS: HK$0.012 (vs HK$0.011 in 1H 2022) First half 2023 results: EPS: HK$0.012 (up from HK$0.011 in 1H 2022). Revenue: HK$454.2m (down 20% from 1H 2022). Net income: HK$17.6m (up 9.7% from 1H 2022). Profit margin: 3.9% (up from 2.8% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Aug 30
Glorious Sun Enterprises Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable 28 September 2023 Glorious Sun Enterprises Limited announced Interim dividend of HKD 0.02 per share for the six months ended 30 June 2023. Ex-dividend date 14 September 2023,Record date 20 September 2023, Payment date 28 September 2023. Announcement • Aug 18
Glorious Sun Enterprises Limited to Report First Half, 2023 Results on Aug 29, 2023 Glorious Sun Enterprises Limited announced that they will report first half, 2023 results on Aug 29, 2023 Announcement • May 31
Glorious Sun Enterprises Limited Declares Final Dividend for the Year Ended December 31, 2022 At the Annual General Meeting of Glorious Sun Enterprises Limited held on 30 May 2023, declared the final dividend of HKD 4.00 cents per share for the year ended 31 December 2022. Upcoming Dividend • May 25
Upcoming dividend of HK$0.04 per share at 8.1% yield Eligible shareholders must have bought the stock before 01 June 2023. Payment date: 21 June 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.1%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (3.9%). Reported Earnings • Mar 28
Full year 2022 earnings released: EPS: HK$0.026 (vs HK$0.024 in FY 2021) Full year 2022 results: EPS: HK$0.026 (up from HK$0.024 in FY 2021). Revenue: HK$1.06b (up 6.3% from FY 2021). Net income: HK$39.2m (up 6.0% from FY 2021). Profit margin: 3.7% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
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. 7 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Stanley Choi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 08
Upcoming dividend of HK$0.02 per share Eligible shareholders must have bought the stock before 15 September 2022. Payment date: 29 September 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.9%. Lower than top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (4.1%). Reported Earnings • Aug 25
First half 2022 earnings released: EPS: HK$0.011 (vs HK$0.025 in 1H 2021) First half 2022 results: EPS: HK$0.011 (down from HK$0.025 in 1H 2021). Revenue: HK$569.9m (up 35% from 1H 2021). Net income: HK$16.1m (down 58% from 1H 2021). Profit margin: 2.8% (down from 9.1% in 1H 2021). 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 3% per year, which means it has not declined as severely as earnings. Upcoming Dividend • May 19
Upcoming dividend of HK$0.04 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 10 June 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.5%. Lower than top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (3.2%). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Stanley Choi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 03
Upcoming dividend of HK$0.02 per share Eligible shareholders must have bought the stock before 10 September 2021. Payment date: 28 September 2021. Trailing yield: 7.6%. Within top quartile of Hong Kong dividend payers (6.6%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 26
First half 2021 earnings released: EPS HK$0.025 (vs HK$0.024 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: HK$421.9m (down 7.8% from 1H 2020). Net income: HK$38.4m (up 5.2% from 1H 2020). Profit margin: 9.1% (up from 8.0% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year. Executive Departure • Jun 09
Independent Non-Executive Director Shui Ming Chung has left the company On the 2nd of June, Shui Ming Chung's tenure as Independent Non-Executive Director ended after 16.8 years in the role. As of March 2021, Shui Ming still personally held only 408.00k shares (HK$335k worth at the time). A total of 3 executives have left over the last 12 months. Upcoming Dividend • May 28
Upcoming dividend of HK$0.042 per share Eligible shareholders must have bought the stock before 04 June 2021. Payment date: 25 June 2021. Trailing yield: 7.1%. Within top quartile of Hong Kong dividend payers (6.0%). Higher than average of industry peers (1.5%). Reported Earnings • Apr 17
Full year 2020 earnings released: EPS HK$0.059 (vs HK$0.072 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$707.5m (down 42% from FY 2019). Net income: HK$90.0m (down 18% from FY 2019). Profit margin: 13% (up from 9.1% 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 15% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 23
Full year 2020 earnings released: EPS HK$0.059 (vs HK$0.072 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$707.5m (down 42% from FY 2019). Net income: HK$90.0m (down 18% from FY 2019). Profit margin: 13% (up from 9.1% 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 15% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Executive Departure • Mar 03
Deputy GM & Executive Director has left the company On the 1st of March, Sze Kee Pau's tenure in the role of Deputy GM & Executive Director ended. We don't have any record of a personal shareholding under Sze Kee's name. A total of 2 executives have left over the last 12 months. Is New 90 Day High Low • Jan 18
New 90-day high: HK$0.86 The company is up 4.0% from its price of HK$0.83 on 20 October 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day high: HK$0.84 The company is up 1.0% from its price of HK$0.83 on 11 September 2020. The Hong Kong market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 8.0% over the same period.