Announcement • Aug 11
Hony Media Group to Report First Half, 2026 Results on Aug 27, 2026 Hony Media Group announced that they will report first half, 2026 results on Aug 27, 2026 Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Min Pan was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • May 27
Hony Media Group has filed a Follow-on Equity Offering in the amount of HKD 55 million. Hony Media Group has filed a Follow-on Equity Offering in the amount of HKD 55 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 137,500,000
Price\Range: HKD 0.4 New Risk • May 12
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 26% 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 Less than 1 year of cash runway based on free cash flow trend (-HK$54m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 2.6% per year over the past 5 years. Announcement • Apr 21
Hony Media Group, Annual General Meeting, May 19, 2026 Hony Media Group, Annual General Meeting, May 19, 2026, at 10:00 China Standard Time. Location: 19/f, hip shing hong centre, 55 des voeux road central, Hong Kong New Risk • Apr 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$54m free cash flow). Earnings have declined by 2.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$466.9m market cap, or US$59.6m). Reported Earnings • Apr 02
Full year 2025 earnings released: HK$0.049 loss per share (vs HK$0.12 loss in FY 2024) Full year 2025 results: HK$0.049 loss per share (improved from HK$0.12 loss in FY 2024). Revenue: HK$570.1m (down 44% from FY 2024). Net loss: HK$66.7m (loss narrowed 59% from FY 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. New Risk • Mar 29
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 Negative equity (-HK$19m). Earnings have declined by 16% per year over the past 5 years. 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$340.9m market cap, or US$43.5m). Announcement • Mar 05
Hony Media Group to Report Fiscal Year 2025 Results on Mar 26, 2026 Hony Media Group announced that they will report fiscal year 2025 results on Mar 26, 2026 Announcement • Nov 06
Hony Media Group has filed a Follow-on Equity Offering in the amount of HKD 24.882 million. Hony Media Group has filed a Follow-on Equity Offering in the amount of HKD 24.882 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 638,000,000
Price\Range: HKD 0.039
Discount Per Security: HKD 0.0003
Transaction Features: Subsequent Direct Listing New Risk • Sep 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$896.6k (US$115.2k) 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 Less than 1 year of cash runway based on free cash flow trend (-HK$40m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-HK$19m). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (HK$896.6k market cap, or US$115.2k). Reported Earnings • Aug 31
First half 2025 earnings released: HK$0.003 loss per share (vs HK$0.003 loss in 1H 2024) First half 2025 results: HK$0.003 loss per share (in line with 1H 2024). Revenue: HK$302.4m (down 38% from 1H 2024). Net loss: HK$35.0m (loss narrowed 15% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. New Risk • Aug 29
New major risk - Negative shareholders equity The company has negative equity. Total equity: -HK$19m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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 (-HK$40m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-HK$19m). Earnings have declined by 16% per year over the past 5 years. Announcement • Aug 15
Hony Media Group to Report First Half, 2025 Results on Aug 28, 2025 Hony Media Group announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • Jul 24
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 Less than 1 year of cash runway based on free cash flow trend (-HK$75m free cash flow). Earnings have declined by 25% 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$692.9m market cap, or US$88.3m). Announcement • Apr 16
Hony Media Group, Annual General Meeting, Jun 26, 2025 Hony Media Group, Annual General Meeting, Jun 26, 2025, at 15:00 China Standard Time. Location: 8/f, wheelock house, 20 pedder street, central., Hong Kong Reported Earnings • Apr 02
Full year 2024 earnings released: HK$0.012 loss per share (vs HK$0.007 loss in FY 2023) Full year 2024 results: HK$0.012 loss per share (further deteriorated from HK$0.007 loss in FY 2023). Revenue: HK$1.02b (down 24% from FY 2023). Net loss: HK$163.5m (loss widened 79% from FY 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Mar 11
Hony Media Group to Report Fiscal Year 2024 Results on Mar 27, 2025 Hony Media Group announced that they will report fiscal year 2024 results on Mar 27, 2025 New Risk • Feb 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$720.0m (US$92.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$66m free cash flow). Earnings have declined by 29% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$720.0m market cap, or US$92.6m). New Risk • Jan 04
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 (-HK$66m free cash flow). Earnings have declined by 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Oct 01
First half 2024 earnings released: HK$0.003 loss per share (vs HK$0.004 loss in 1H 2023) First half 2024 results: HK$0.003 loss per share (improved from HK$0.004 loss in 1H 2023). Revenue: HK$489.4m (down 22% from 1H 2023). Net loss: HK$41.0m (loss narrowed 24% from 1H 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 24
First half 2024 earnings released: HK$0.003 loss per share (vs HK$0.003 loss in 1H 2023) First half 2024 results: HK$0.003 loss per share (in line with 1H 2023). Revenue: HK$489.4m (down 29% from 1H 2023). Net loss: HK$41.0m (loss narrowed 6.4% from 1H 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • Aug 09
Hony Media Group to Report First Half, 2024 Results on Aug 23, 2024 Hony Media Group announced that they will report first half, 2024 results on Aug 23, 2024 New Risk • Apr 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Announcement • Apr 17
Huayi Tencent Entertainment Company Limited, Annual General Meeting, Jun 21, 2024 Huayi Tencent Entertainment Company Limited, Annual General Meeting, Jun 21, 2024, at 10:00 China Standard Time. Location: Boardroom 3, Mezzanine Floor, Renaissance Harbour View Hotel Hong Kong, 1 Harbour Road Wanchai, Hong Kong Wanchai Hong Kong Agenda: To consider the report of the directors of the Company (``Directors''), audited financial statements and auditor's report for the year ended 31 December 2023; to re-elect Mr. YUEN Hoi Po as an Executive Director; to re-elect Mr. YUEN Kin (who has served as an Independent Non-executive Director for more than 9 years) as an Independent Non-executive Director; to To authorize the board of directors to fix the remuneration of the Directors; to re-appoint Messrs. PricewaterhouseCoopers as auditor of the Company and to authorize the Board to fix their remuneration; and to discuss other matters. Reported Earnings • Mar 27
Full year 2023 earnings released: HK$0.007 loss per share (vs HK$0.02 loss in FY 2022) Full year 2023 results: HK$0.007 loss per share (improved from HK$0.02 loss in FY 2022). Revenue: HK$1.34b (down 21% from FY 2022). Net loss: HK$91.3m (loss narrowed 66% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. New Risk • Mar 25
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 Risk Earnings have declined by 37% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Announcement • Mar 14
Huayi Tencent Entertainment Company Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 Huayi Tencent Entertainment Company Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 Announcement • Mar 08
Huayi Tencent Entertainment Company Limited announced that it expects to receive HKD 120 million in funding Huayi Tencent Entertainment Company Limited entered into subscription agreement with United Strength LS Limited, has agreed to issue Unsubordinated Convertible Tranche A Bonds for aggregate principal amount of HKD 120,000,000 on March 7, 2024. The bonds bear a coupon rate 10% and mature on the second anniversary of the Issue Date of the Tranche A Bonds. The bonds will be convertible 1,183,431,952 Conversion Shares at a conversion price of HKD 0.1014. Interest on the bonds will be payable semi annually on 30 June and 31 December in each year. Reported Earnings • Aug 30
First half 2023 earnings released: HK$0.003 loss per share (vs HK$0.009 loss in 1H 2022) First half 2023 results: HK$0.003 loss per share (improved from HK$0.009 loss in 1H 2022). Revenue: HK$687.7m (up 2.2% from 1H 2022). Net loss: HK$43.8m (loss narrowed 63% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 61% 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. Announcement • Aug 16
Huayi Tencent Entertainment Company Limited to Report First Half, 2023 Results on Aug 28, 2023 Huayi Tencent Entertainment Company Limited announced that they will report first half, 2023 results on Aug 28, 2023 Announcement • Jun 21
Huayi Tencent Entertainment Company Limited Announces Executive Changes Huayi Tencent Entertainment Company Limited announced executive changes. Dr. Wong Yau Kar David has resigned as an Independent Non-executive Director of the Company due to his own business engagement which requires more of his attention and dedication. The company appointed Ms. Wang Song Song and Ms. Pan Min as Independent Non-executive Directors. Dr. Wong ceased to be the chairman of the Remuneration Committee, a member of each of the Audit Committee and Nomination Committee; Mr. Yuen Kin, an Independent Non-executive Director, was re-designated from a member of the Remuneration Committee to the chairman of the Remuneration Committee; Ms. Wang has been appointed as a member of each of the Remuneration Committee and Nomination Committee; and Ms. Pan has been appointed as a member of each of the Audit Committee and Nomination Committee. Reported Earnings • Mar 30
Full year 2022 earnings released: HK$0.02 loss per share (vs HK$0.008 loss in FY 2021) Full year 2022 results: HK$0.02 loss per share (further deteriorated from HK$0.008 loss in FY 2021). Revenue: HK$1.69b (up 420% from FY 2021). Net loss: HK$270.0m (loss widened 145% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Insufficient new directors 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. 4 highly experienced directors. Vice Chairman Edward Cheng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 01
First half 2022 earnings released: HK$0.009 loss per share (vs HK$0.001 loss in 1H 2021) First half 2022 results: HK$0.009 loss per share (down from HK$0.001 loss in 1H 2021). Revenue: HK$672.7m (up 269% from 1H 2021). Net loss: HK$118.4m (loss widened HK$111.2m from 1H 2021). 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 • Aug 18
Huayi Tencent Entertainment Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Huayi Tencent Entertainment Company Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the company expects to record a loss for the six months ended 30 June 2022 of approximately HK$140 million (2021: HK$9 million). The increase in loss for the period was mainly attributable to: The segment losses arising from the newly acquired/developed internet healthcare related businesses (``Echartnow'' and ``Meerkat Health'') amounted to over HK$65 million (2021: Nil), which include shared-based compensation expenses of approximately HK$15 million (2020: Nil); and The Entertainment and Media segment results turned from a profit to a loss position during the period. Segment losses for the period amounted to approximately HK$48 million (2021: segment profit of approximately HK$9.12 million), mainly due to the lower-than-expected box office performance of the movie released during the period. Announcement • Aug 13
Huayi Tencent Entertainment Company Limited to Report First Half, 2022 Results on Aug 30, 2022 Huayi Tencent Entertainment Company Limited announced that they will report first half, 2022 results on Aug 30, 2022 Board Change • Apr 27
Insufficient new directors 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. 4 highly experienced directors. Vice Chairman Edward Cheng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Full year 2021 earnings released: HK$0.008 loss per share (vs HK$0.004 loss in FY 2020) Full year 2021 results: HK$0.008 loss per share (down from HK$0.004 loss in FY 2020). Revenue: HK$327.7m (up 209% from FY 2020). Net loss: HK$110.4m (loss widened 95% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Mar 03
Huayi Tencent Entertainment Company Limited to Report Fiscal Year 2021 Results on Mar 29, 2022 Huayi Tencent Entertainment Company Limited announced that they will report fiscal year 2021 results on Mar 29, 2022 Buying Opportunity • Feb 24
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be HK$0.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% per annum over the last 3 years. Earnings per share has grown by 22% per annum over the last 3 years. Buying Opportunity • Jan 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.1%. The fair value is estimated to be HK$0.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% per annum over the last 3 years. Earnings per share has grown by 22% per annum over the last 3 years. Board Change • Sep 02
Insufficient new directors 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. 4 highly experienced directors. Vice Chairman Edward Cheng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 23
First half 2021 earnings released: HK$0.001 loss per share (vs HK$0.001 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: HK$182.5m (up 371% from 1H 2020). Net loss: HK$7.19m (loss narrowed 38% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 18
Full year 2020 earnings released: HK$0.004 loss per share (vs HK$0.002 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: HK$106.1m (up 9.4% from FY 2019). Net loss: HK$56.6m (loss widened 97% from FY 2019). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Mar 26
Full year 2020 earnings released: HK$0.004 loss per share (vs HK$0.002 loss in FY 2019) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: HK$111.1m (up 14% from FY 2019). Net loss: HK$56.6m (loss widened 97% from FY 2019). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Mar 10
Huayi Tencent Entertainment Company Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Huayi Tencent Entertainment Company Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Is New 90 Day High Low • Feb 08
New 90-day high: HK$0.23 The company is up 35% from its price of HK$0.17 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 Hospitality industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: HK$0.20 The company is up 50% from its price of HK$0.14 on 08 September 2020. The Hong Kong market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 5.0% over the same period. Announcement • Aug 12
Huayi Tencent Entertainment Company Limited to Report First Half, 2020 Results on Aug 26, 2020 Huayi Tencent Entertainment Company Limited announced that they will report first half, 2020 results on Aug 26, 2020 
