New Risk • 9h
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 Earnings have declined by 0.06% per year over the past 5 years. Market cap is less than US$10m (HK$58.5m market cap, or US$7.48m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Mar 03
Full year 2025 earnings released: HK$0.16 loss per share (vs HK$0.15 loss in FY 2024) Full year 2025 results: HK$0.16 loss per share (further deteriorated from HK$0.15 loss in FY 2024). Revenue: HK$42.9m (up 18% from FY 2024). Net loss: HK$8.69m (loss widened 4.5% from FY 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Feb 09
THAC Group (Holdings) Limited to Report Fiscal Year 2025 Results on Feb 26, 2026 THAC Group (Holdings) Limited announced that they will report fiscal year 2025 results on Feb 26, 2026 Reported Earnings • Sep 02
First half 2025 earnings released: HK$0.054 loss per share (vs HK$0.054 loss in 1H 2024) First half 2025 results: HK$0.054 loss per share (in line with 1H 2024). Revenue: HK$17.8m (flat on 1H 2024). Net loss: HK$2.98m (flat on 1H 2024). Over the last 3 years on average, earnings per share has increased by 53% per year whereas the company’s share price has increased by 49% per year. Announcement • Aug 15
Classified Group (Holdings) Limited to Report First Half, 2025 Results on Aug 29, 2025 Classified Group (Holdings) Limited announced that they will report first half, 2025 results on Aug 29, 2025 Board Change • Jul 23
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Lucy Wong was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 29
Classified Group (Holdings) Limited, Annual General Meeting, Jun 25, 2025 Classified Group (Holdings) Limited, Annual General Meeting, Jun 25, 2025, at 09:30 China Standard Time. Location: 2/f., cheungtak industrial building, 30 wong chuk hang road, wong chuk hang, Hong Kong Reported Earnings • Mar 27
Full year 2024 earnings released: HK$0.15 loss per share (vs HK$0.49 loss in FY 2023) Full year 2024 results: HK$0.15 loss per share (improved from HK$0.49 loss in FY 2023). Revenue: HK$36.3m (down 5.0% from FY 2023). Net loss: HK$8.31m (loss narrowed 46% from FY 2023). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. 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 Earnings have declined by 4.0% per year over the past 5 years. Market cap is less than US$10m (HK$40.1m market cap, or US$5.17m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Revenue is less than US$5m (HK$37m revenue, or US$4.7m). Announcement • Mar 12
Classified Group (Holdings) Limited to Report Q4, 2024 Results on Mar 25, 2025 Classified Group (Holdings) Limited announced that they will report Q4, 2024 results on Mar 25, 2025 Board Change • Jan 13
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Lucy Wong was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jan 04
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 16% 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 (16% average weekly change). Earnings have declined by 4.0% per year over the past 5 years. Market cap is less than US$10m (HK$29.5m market cap, or US$3.80m). Minor Risk Revenue is less than US$5m (HK$37m revenue, or US$4.7m). Board Change • Dec 09
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. 2 experienced directors. 4 highly experienced directors. Financial Controller, COO & Executive Director Kai Leung Li was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 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. 2 experienced directors. 4 highly experienced directors. Financial Controller, COO & Executive Director Kai Leung Li was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 25
First half 2024 earnings released: HK$0.096 loss per share (vs HK$0.074 loss in 1H 2023) First half 2024 results: HK$0.096 loss per share (further deteriorated from HK$0.074 loss in 1H 2023). Revenue: HK$18.0m (down 6.5% from 1H 2023). Net loss: HK$3.00m (loss widened 83% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. Announcement • Aug 09
Classified Group (Holdings) Limited to Report First Half, 2024 Results on Aug 23, 2024 Classified Group (Holdings) Limited announced that they will report first half, 2024 results on Aug 23, 2024 Reported Earnings • May 01
Full year 2023 earnings released: HK$0.49 loss per share (vs HK$0.91 loss in FY 2022) Full year 2023 results: HK$0.49 loss per share (improved from HK$0.91 loss in FY 2022). Revenue: HK$38.3m (down 3.3% from FY 2022). Net loss: HK$15.3m (loss narrowed 25% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 34% per year. Announcement • Mar 14
Classified Group (Holdings) Limited to Report Q4, 2023 Results on Mar 25, 2024 Classified Group (Holdings) Limited announced that they will report Q4, 2023 results on Mar 25, 2024 Reported Earnings • Nov 04
Third quarter 2023 earnings released: HK$0.082 loss per share (vs HK$0.075 loss in 3Q 2022) Third quarter 2023 results: HK$0.082 loss per share (further deteriorated from HK$0.075 loss in 3Q 2022). Revenue: HK$8.91m (down 2.5% from 3Q 2022). Net loss: HK$1.85m (loss widened 11% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Announcement • Oct 25
Classified Group (Holdings) Limited to Report Q3, 2023 Results on Nov 03, 2023 Classified Group (Holdings) Limited announced that they will report Q3, 2023 results on Nov 03, 2023 New Risk • Oct 24
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 16% 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$3.9m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Market cap is less than US$10m (HK$30.7m market cap, or US$3.92m). Minor Risk Revenue is less than US$5m (HK$37m revenue, or US$4.7m). New Risk • Sep 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 150% 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 Less than 1 year of cash runway based on free cash flow trend (-HK$3.9m free cash flow). Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Market cap is less than US$10m (HK$26.2m market cap, or US$3.35m). Minor Risk Revenue is less than US$5m (HK$37m revenue, or US$4.7m). New Risk • Aug 15
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (HK$10.3m market cap, or US$1.31m). Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change). Announcement • Aug 01
Classified Group (Holdings) Limited to Report First Half, 2023 Results on Aug 11, 2023 Classified Group (Holdings) Limited announced that they will report first half, 2023 results on Aug 11, 2023 New Risk • Jul 11
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 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (HK$10.3m market cap, or US$1.31m). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Revenue is less than US$5m (HK$36m revenue, or US$4.6m). Buying Opportunity • Jul 10
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 32%. The fair value is estimated to be HK$0.031, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Earnings per share has declined by 26%. Buying Opportunity • Jun 14
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be HK$0.031, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Earnings per share has declined by 26%. Buying Opportunity • May 29
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be HK$0.032, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 24% over the last 3 years. Earnings per share has declined by 26%. Reported Earnings • May 12
First quarter 2023 earnings released: HK$0.004 loss per share (vs HK$0.002 loss in 1Q 2022) First quarter 2023 results: HK$0.004 loss per share (further deteriorated from HK$0.002 loss in 1Q 2022). Revenue: HK$9.28m (down 10% from 1Q 2022). Net loss: HK$1.69m (loss widened 52% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 28% per year. Reported Earnings • Mar 26
Full year 2022 earnings released: HK$0.046 loss per share (vs HK$0.042 loss in FY 2021) Full year 2022 results: HK$0.046 loss per share (further deteriorated from HK$0.042 loss in FY 2021). Revenue: HK$44.3m (down 26% from FY 2021). Net loss: HK$20.4m (loss widened 9.6% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 20
Third quarter 2022 earnings released: HK$0.004 loss per share (vs HK$0.006 loss in 3Q 2021) Third quarter 2022 results: HK$0.004 loss per share (improved from HK$0.006 loss in 3Q 2021). Revenue: HK$9.75m (down 40% from 3Q 2021). Net loss: HK$1.67m (loss narrowed 40% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Nov 02
Classified Group (Holdings) Limited to Report Q3, 2022 Results on Nov 14, 2022 Classified Group (Holdings) Limited announced that they will report Q3, 2022 results on Nov 14, 2022 Announcement • Jul 30
Classified Group (Holdings) Limited to Report Q2, 2022 Results on Aug 11, 2022 Classified Group (Holdings) Limited announced that they will report Q2, 2022 results on Aug 11, 2022 Reported Earnings • May 16
First quarter 2022 earnings released: HK$0.003 loss per share (vs HK$0.008 loss in 1Q 2021) First quarter 2022 results: HK$0.003 loss per share (up from HK$0.008 loss in 1Q 2021). Revenue: HK$12.6m (down 25% from 1Q 2021). Net loss: HK$1.11m (loss narrowed 69% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Announcement • May 02
Classified Group (Holdings) Limited, Annual General Meeting, Jun 17, 2022 Classified Group (Holdings) Limited, Annual General Meeting, Jun 17, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Matthew Yue was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 23
Classified Group (Holdings) Limited to Report Fiscal Year 2021 Results on Apr 29, 2022 Classified Group (Holdings) Limited announced that they will report fiscal year 2021 results on Apr 29, 2022 Reported Earnings • Apr 03
Full year 2021 earnings released: HK$0.042 loss per share (vs HK$0.037 loss in FY 2020) Full year 2021 results: HK$0.042 loss per share (down from HK$0.037 loss in FY 2020). Revenue: HK$60.7m (down 19% from FY 2020). Net loss: HK$18.6m (loss widened 14% from FY 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: HK$0.006 loss per share (vs HK$0.006 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: HK$16.2m (up 3.1% from 3Q 2020). Net loss: HK$2.79m (loss widened 12% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings. Board Change • Sep 23
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Matthew Yue was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 18
Second quarter 2021 earnings released: HK$0.006 loss per share (vs HK$0.001 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: HK$21.6m (up 4.0% from 2Q 2020). Net loss: HK$2.61m (loss widened HK$2.20m from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Reported Earnings • May 17
First quarter 2021 earnings released: HK$0.008 loss per share (vs HK$0.008 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: HK$18.2m (down 3.0% from 1Q 2020). Net loss: HK$3.59m (loss widened 1.6% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 25
Full year 2020 earnings released: HK$0.037 loss per share (vs HK$0.039 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: HK$87.2m (down 19% from FY 2019). Net loss: HK$16.4m (loss narrowed 4.9% from FY 2019). 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 61% per year, which means it is significantly lagging earnings. Announcement • Mar 10
Classified Group (Holdings) Limited to Report Fiscal Year 2020 Results on Mar 23, 2021 Classified Group (Holdings) Limited announced that they will report fiscal year 2020 results on Mar 23, 2021 Reported Earnings • Nov 15
Third quarter 2020 earnings released: HK$0.006 loss per share The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: HK$19.9m (down 19% from 3Q 2019). Net loss: HK$2.48m (loss narrowed 61% from 3Q 2019). 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 71% per year, which means it is significantly lagging earnings. Announcement • Oct 31
Classified Group (Holdings) Limited to Report Q3, 2020 Results on Nov 13, 2020 Classified Group (Holdings) Limited announced that they will report Q3, 2020 results on Nov 13, 2020 
