New Risk • Jul 10
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 Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$82.4m market cap, or US$10.5m). New Risk • Apr 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$116.0m market cap, or US$14.8m). Reported Earnings • Mar 25
Full year 2025 earnings released: HK$0.006 loss per share (vs HK$0 in FY 2024) Full year 2025 results: HK$0.006 loss per share (further deteriorated from HK$0 in FY 2024). Revenue: HK$44.5m (down 33% from FY 2024). Net loss: HK$4.60m (loss widened HK$4.20m from FY 2024). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year. Announcement • Mar 24
Max Sight Group Holdings Limited, Annual General Meeting, Jun 12, 2026 Max Sight Group Holdings Limited, Annual General Meeting, Jun 12, 2026. Announcement • Mar 09
Max Sight Group Holdings Limited to Report Fiscal Year 2025 Results on Mar 23, 2026 Max Sight Group Holdings Limited announced that they will report fiscal year 2025 results on Mar 23, 2026 New Risk • Mar 08
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: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by earnings (0% payout ratio). Market cap is less than US$100m (HK$86.4m market cap, or US$11.0m). New Risk • Jan 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$76.0m (US$9.75m) 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 Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (HK$76.0m market cap, or US$9.75m). Minor Risk Dividend is not well covered by earnings (0% payout ratio). Buy Or Sell Opportunity • Jan 05
Now 24% undervalued The stock has been flat over the last 90 days, currently trading at HK$0.10. The fair value is estimated to be HK$0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company became loss making. Board Change • Dec 29
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 not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Chi Kwan Hui was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buy Or Sell Opportunity • Nov 12
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 36% to HK$0.17. The fair value is estimated to be HK$0.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company became loss making. New Risk • Nov 10
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 15% 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 Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Dividend is not well covered by earnings (0% payout ratio). Market cap is less than US$100m (HK$124.0m market cap, or US$16.0m). New Risk • Sep 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$74.4m (US$9.56m) 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 Share price has been highly volatile over the past 3 months (21% average weekly change). Market cap is less than US$10m (HK$74.4m market cap, or US$9.56m). Minor Risk Dividend is not well covered by earnings (0% payout ratio). Buy Or Sell Opportunity • Sep 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 49% to HK$0.11. The fair value is estimated to be HK$0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company became loss making. New Risk • Aug 24
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 0% Dividend yield: 4.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (21% average weekly change). Minor Risks Dividend is not well covered by earnings (0% payout ratio). Market cap is less than US$100m (HK$109.6m market cap, or US$14.0m). Buy Or Sell Opportunity • Aug 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to HK$0.16. The fair value is estimated to be HK$0.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 11
First half 2025 earnings released: HK$0.001 loss per share (vs HK$0 in 1H 2024) First half 2025 results: HK$0.001 loss per share (further deteriorated from HK$0 in 1H 2024). Revenue: HK$26.1m (down 24% from 1H 2024). Net loss: HK$1.14m (loss widened 472% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jul 31
Now 25% undervalued Over the last 90 days, the stock has risen 67% to HK$0.14. The fair value is estimated to be HK$0.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jul 25
Max Sight Group Holdings Limited to Report First Half, 2025 Results on Aug 08, 2025 Max Sight Group Holdings Limited announced that they will report first half, 2025 results on Aug 08, 2025 Buy Or Sell Opportunity • Jul 03
Now 33% overvalued after recent price rise Over the last 90 days, the stock has risen 245% to HK$0.24. The fair value is estimated to be HK$0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 22
HK Qingzai Health Industry Limited entered into a memorandum of understanding to acquire 53.45% stake in Max Sight Group Holdings Limited (SEHK:8483) from Causeway Treasure Holding Limited. HK Qingzai Health Industry Limited entered into a memorandum of understanding to acquire 53.45% stake in Max Sight Group Holdings Limited (SEHK:8483) from Causeway Treasure Holding Limited on April 2, 2025. As of May 16, 2025, the Potential Vendor and Wang Hongming entered into a supplemental memorandum of understanding in relation to, among other things, Mr. Wang procuring HK Qingzai Health Industry Limited, in his place, as the intended purchaser for the Possible Sale. The MOU does not create legally binding obligations on the parties in relation to the Possible Sale but is legally binding as to such terms relating to exclusive period during which Wang is required to complete the due diligence against the Company which has ended on 20 May 2025. If the parties fail to execute a formal agreement in relation to the Possible Sale by June 13, 2025, the MOU shall terminate. Buy Or Sell Opportunity • May 22
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 342% to HK$0.23. The fair value is estimated to be HK$0.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 27
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 15% 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 (15% average weekly change). Market cap is less than US$10m (HK$56.0m market cap, or US$7.20m). Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: HK$0 (vs HK$0.01 in FY 2023) Full year 2024 results: EPS: HK$0 (down from HK$0.01 in FY 2023). Revenue: HK$66.2m (down 17% from FY 2023). Net loss: HK$399.0k (down 105% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Mar 22
Max Sight Group Holdings Limited, Annual General Meeting, Jun 20, 2025 Max Sight Group Holdings Limited, Annual General Meeting, Jun 20, 2025. Announcement • Mar 07
Max Sight Group Holdings Limited to Report Fiscal Year 2024 Results on Mar 21, 2025 Max Sight Group Holdings Limited announced that they will report fiscal year 2024 results on Mar 21, 2025 New Risk • Mar 03
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 Risk Market cap is less than US$10m (HK$41.6m market cap, or US$5.35m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Feb 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 9.7% 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$40.8m market cap, or US$5.24m). Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change). Board Change • Jan 15
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 not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director James Ngai was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 26
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 not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director James Ngai was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 08
Max Sight Group Holdings Limited Appoints Wong Shin Yee, Freda as Non-Executive Director Max Sight Group Holdings Limited announced that Ms. Wong Shin Yee, Freda (Ms. Wong) has been appointed as a non-executive director with effect from 8 November 2024. Ms. Wong, aged 54, has over 20 years of experience in investment banking, financial advisory and finance related industries. She has been currently serving as the managing partner of Sunny Fortune Capital Limited. Prior to her current position, Ms. Wong held senior positions at the investment banking and private equity divisions of South China Financial Holdings Limited and CITIC Securities International Company Limited. Ms. Wong has worked at DBS Asia Capital Limited. Ms. Wong holds a Bachelor's degree of Business Administration (Major in Accounting) from Hong Kong Baptist University and a Master's degree in Business Administration from the University of Manchester. She is a member of the Hong Kong Institute of Certified Public Accountants and a fellow member of The Association of Chartered Certified Accountants in the United Kingdoms. Reported Earnings • Aug 12
First half 2024 earnings released: EPS: HK$0 (vs HK$0.005 in 1H 2023) First half 2024 results: EPS: HK$0 (down from HK$0.005 in 1H 2023). Revenue: HK$34.6m (down 12% from 1H 2023). Net loss: HK$199.0k (down 105% from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jul 26
Max Sight Group Holdings Limited to Report First Half, 2024 Results on Aug 09, 2024 Max Sight Group Holdings Limited announced that they will report first half, 2024 results on Aug 09, 2024 New Risk • Jun 27
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 Market cap is less than US$10m (HK$54.4m market cap, or US$6.97m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Announcement • Mar 30
Max Sight Group Holdings Limited Proposes Special Dividend for the Year Ended Dec. 31, 2023, Payable on 05 July 2024 Max Sight Group Holdings Limited at its annual general meeting to be held on 14 June 2024 proposed the declaration and payment of a special dividend of HKD 0.005625 per ordinary share for the year ended Dec. 31, 2023 out of the share premium account of the Company (the "Special Dividend'') to the shareholders of the Company whose names appear on the register of members of the Company on the record date fixed by the board of Directors for determining the entitlements to the Special Dividend be and is hereby approved. Date of shareholders' approval: 14 June 2024. Ex-dividend date: 19 June 2024. Record date: 24 June 2024. Payment date: 05 July 2024. Reported Earnings • Mar 23
Full year 2023 earnings released: EPS: HK$0.01 (vs HK$0.014 loss in FY 2022) Full year 2023 results: EPS: HK$0.01 (up from HK$0.014 loss in FY 2022). Revenue: HK$80.2m (up 157% from FY 2022). Net income: HK$7.66m (up HK$19.2m from FY 2022). Profit margin: 9.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Mar 23
Max Sight Group Holdings Limited, Annual General Meeting, Jun 14, 2024 Max Sight Group Holdings Limited, Annual General Meeting, Jun 14, 2024. Agenda: To consider and recommend the distribution of a special dividend of HKD 0.005625 per share for the year ended 31 December 2023. Announcement • Mar 09
Max Sight Group Holdings Limited to Report Fiscal Year 2023 Results on Mar 22, 2024 Max Sight Group Holdings Limited announced that they will report fiscal year 2023 results on Mar 22, 2024 Buy Or Sell Opportunity • Feb 20
Now 27% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.6% to HK$0.075. The fair value is estimated to be HK$0.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Nov 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 10% 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$72.0m market cap, or US$9.23m). Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: HK$0.004 (vs HK$0.003 loss in 3Q 2022) Third quarter 2023 results: EPS: HK$0.004 (up from HK$0.003 loss in 3Q 2022). Revenue: HK$22.0m (up 153% from 3Q 2022). Net income: HK$2.99m (up HK$5.06m from 3Q 2022). Profit margin: 14% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Oct 26
Max Sight Group Holdings Limited to Report Q3, 2023 Results on Nov 03, 2023 Max Sight Group Holdings Limited announced that they will report Q3, 2023 results on Nov 03, 2023 Announcement • Sep 05
Max Sight Group Holdings Limited Proposes Ordinary Interim Dividend for the Six Months Ended June 30, 2023, Payable on September 29, 2023 Max Sight Group Holdings Limited proposed ordinary interim dividend of HKD 0.00375 for the six months ended June 30, 2023, payable on September 29, 2023. Ex-dividend date: 13 September 2023. Record date: 18 September 2023. Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: HK$0.002 (vs HK$0.003 loss in 2Q 2022) Second quarter 2023 results: EPS: HK$0.002 (up from HK$0.003 loss in 2Q 2022). Revenue: HK$21.6m (up 194% from 2Q 2022). Net income: HK$1.71m (up HK$4.40m from 2Q 2022). Profit margin: 7.9% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year. Announcement • Aug 05
Max Sight Group Holdings Limited Proposes Interim Dividend for the Six Months Ended 30 June 2023, Payable on 22 September 2023 Max Sight Group Holdings Limited proposes interim (Semi-annual) dividend of HKD 0.00375 per share for the six months ended June 30, 2023. Date of shareholders' approval is 01 September 2023. Ex-dividend date is 06 September 2023. Record date is 11 September 2023. Payment date is 22 September 2023. Announcement • Jul 27
Max Sight Group Holdings Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2023 Max Sight Group Holdings Limited provided group earnings guidance for the six months ended 30 June 2023. The Board informed the shareholders of the Company and potential investors that based on the information currently available to the Board and a preliminary review of the unaudited consolidated financial statements of the Group for the six months ended 30 June 2023, the Group is expected to record net profit after tax of not less than approximately HKD 3.7 million as compared to the net loss after tax of approximately HKD 7.0 million for the six months ended 30 June 2022. Announcement • Jul 25
Max Sight Group Holdings Limited to Report First Half, 2023 Results on Aug 04, 2023 Max Sight Group Holdings Limited announced that they will report first half, 2023 results on Aug 04, 2023 New Risk • Jun 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 9.7% 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 35% per year over the past 5 years. Market cap is less than US$10m (HK$52.8m market cap, or US$6.74m). Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change). Reported Earnings • May 08
First quarter 2023 earnings released: EPS: HK$0.003 (vs HK$0.005 loss in 1Q 2022) First quarter 2023 results: EPS: HK$0.003 (up from HK$0.005 loss in 1Q 2022). Revenue: HK$17.9m (up 336% from 1Q 2022). Net income: HK$2.00m (up HK$5.74m from 1Q 2022). Profit margin: 11% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • Mar 19
Full year 2022 earnings released: HK$0.014 loss per share (vs HK$0.009 loss in FY 2021) Full year 2022 results: HK$0.014 loss per share (further deteriorated from HK$0.009 loss in FY 2021). Revenue: HK$31.3m (up 49% from FY 2021). Net loss: HK$11.5m (loss widened 56% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of 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 not 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 James Ngai was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 06
Third quarter 2022 earnings released: HK$0.003 loss per share (vs HK$0.002 loss in 3Q 2021) Third quarter 2022 results: HK$0.003 loss per share (further deteriorated from HK$0.002 loss in 3Q 2021). Revenue: HK$8.70m (up 48% from 3Q 2021). Net loss: HK$2.07m (loss widened 46% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Oct 26
Max Sight Group Holdings Limited to Report Q3, 2022 Results on Nov 04, 2022 Max Sight Group Holdings Limited announced that they will report Q3, 2022 results at 4:00 PM, China Standard Time on Nov 04, 2022 Reported Earnings • Aug 14
Second quarter 2022 earnings released: HK$0.003 loss per share (vs HK$0.002 loss in 2Q 2021) Second quarter 2022 results: HK$0.003 loss per share (down from HK$0.002 loss in 2Q 2021). Revenue: HK$7.35m (up 53% from 2Q 2021). Net loss: HK$2.70m (loss widened 96% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Aug 13
Max Sight Group Holdings Limited Announces Resignation of Cheung Kam Ting as Non-Executive Director The board (the "Board") of directors (the "Directors") of Max Sight Group Holdings Limited (the "Company") announced that Mr. Cheung Kam Ting ("Mr. Cheung") has resigned as a non-executive Director with effect from 12 August 2022 so as to spend more time with his family and further pursue his personal interests. Mr. Cheung has confirmed that he has no disagreement with the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the shareholders of the Company. Announcement • Jul 28
Max Sight Group Holdings Limited to Report First Half, 2022 Results on Aug 05, 2022 Max Sight Group Holdings Limited announced that they will report first half, 2022 results on Aug 05, 2022 Reported Earnings • May 08
First quarter 2022 earnings released: HK$0.005 loss per share (vs HK$0.002 loss in 1Q 2021) First quarter 2022 results: HK$0.005 loss per share (down from HK$0.002 loss in 1Q 2021). Revenue: HK$4.10m (down 7.4% from 1Q 2021). Net loss: HK$3.74m (loss widened 123% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
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 not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director James Ngai was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 06
Max Sight Group Holdings Limited Provides Earnings Guidance for the Fiscal Year Ending December 31, 2021 Max Sight Group Holdings Limited provided earnings guidance for the fiscal year ending December 31, 2021. For the period, the company expects to record net loss after tax of not less than approximately HKD 7.0 million as compared to the net loss after tax of approximately HKD 4.5 million for the year ended 31 December 2020. The reasons in relation to such deterioration in financial performance for the year ended 31 December 2021 were mainly attributed to the decrease in other income by approximately HKD 4.6 million principally due to the decrease in the COVID-19 related rental concession received from the property owners; and the increase inadministrative expenses by approximately HKD 2.3 million mainly due to the increase in staff cost and decrease in funding support received from the Employment Support Scheme under the Anti-epidemic Fund, which is partially offset by the improvement on gross profit by approximately HKD 3.5 million mainly due to the decrease in depreciation on right-of-use assets for the year ended 31 December 2021. Reported Earnings • Nov 07
Third quarter 2021 earnings released: HK$0.002 loss per share (vs HK$0.004 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: HK$5.90m (up 28% from 3Q 2020). Net loss: HK$1.42m (down 140% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2021 earnings released: HK$0.002 loss per share (vs HK$0.004 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: HK$4.80m (down 4.0% from 2Q 2020). Net loss: HK$1.38m (loss narrowed 52% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Reported Earnings • May 09
First quarter 2021 earnings released: HK$0.002 loss per share (vs HK$0.003 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: HK$4.43m (down 30% from 1Q 2020). Net loss: HK$1.67m (loss narrowed 34% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Announcement • Apr 25
Max Sight Group Holdings Limited Provides Earnings Guidance for the Three Months Ended 31 March 2021 Max Sight Group Holdings Limited provided earnings guidance for the three months ended 31 March 2021. The Group is expected to record net loss after tax of not less than approximately HKD 1.6 million as compared to the net loss after tax of approximately HKD 2.5 million for the three months ended 31 March 2020. The reasons in relation to the expected net loss after tax for the three months ended 31 March 2021 were attributed to (i) the reduction in the revenue of the Group from approximately HKD 6.3 million for the three months ended 31 March 2020 to not more than approximately HKD 4.5 million for the three months ended 31 March 2021; and (ii) net-off with certain rental concessions from various property owners. The decline in the revenue was mainly due to the outbreak of the novel coronavirus and the immigration control since early 2020 that have brought the significant decrease in the travel demand, and lead to a further decreased demand of ID photos for the three months ended 31 March 2021. Reported Earnings • Mar 21
Full year 2020 earnings released: HK$0.006 loss per share (vs HK$0.006 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$20.0m (down 66% from FY 2019). Net loss: HK$4.48m (loss narrowed 9.5% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 31% per year. Announcement • Mar 10
Max Sight Group Holdings Limited to Report Fiscal Year 2020 Results on Mar 19, 2021 Max Sight Group Holdings Limited announced that they will report fiscal year 2020 results on Mar 19, 2021 Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS HK$0.004 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: HK$4.59m (down 71% from 3Q 2019). Net income: HK$3.55m (up 92% from 3Q 2019). Profit margin: 77% (up from 12% in 3Q 2019). The increase in margin was driven by lower expenses. Announcement • Oct 28
Max Sight Group Holdings Limited to Report Nine Months, 2020 Results on Nov 06, 2020 Max Sight Group Holdings Limited announced that they will report nine months, 2020 results on Nov 06, 2020 Announcement • Jul 19
Max Sight Group Holdings Limited to Report Q2, 2020 Results on Aug 14, 2020 Max Sight Group Holdings Limited announced that they will report Q2, 2020 results on Aug 14, 2020 
