Announcement • Apr 24
SJM Holdings Limited to Report Q1, 2026 Results on May 07, 2026 SJM Holdings Limited announced that they will report Q1, 2026 results at 9:30 AM, China Standard Time on May 07, 2026 Reported Earnings • Mar 06
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: HK$0.06 loss per share (further deteriorated from HK$0 in FY 2024). Revenue: HK$28.2b (down 2.1% from FY 2024). Net loss: HK$429.0m (down HK$432.2m from profit in FY 2024). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 77%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Mar 05
SJM Holdings Limited, Annual General Meeting, Jun 09, 2026 SJM Holdings Limited, Annual General Meeting, Jun 09, 2026. Announcement • Feb 23
SJM Holdings Limited to Report Fiscal Year 2025 Results on Mar 05, 2026 SJM Holdings Limited announced that they will report fiscal year 2025 results on Mar 05, 2026 Announcement • Oct 31
SJM Holdings Limited to Report Q3, 2025 Results on Nov 12, 2025 SJM Holdings Limited announced that they will report Q3, 2025 results at 9:30 AM, China Standard Time on Nov 12, 2025 Reported Earnings • Sep 27
First half 2025 earnings released: HK$0.026 loss per share (vs HK$0.023 loss in 1H 2024) First half 2025 results: HK$0.026 loss per share (further deteriorated from HK$0.023 loss in 1H 2024). Revenue: HK$14.6b (up 6.1% from 1H 2024). Net loss: HK$182.2m (loss widened 12% from 1H 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
First half 2025 earnings released: HK$0.026 loss per share (vs HK$0.023 loss in 1H 2024) First half 2025 results: HK$0.026 loss per share (further deteriorated from HK$0.023 loss in 1H 2024). Revenue: HK$14.6b (up 6.1% from 1H 2024). Net loss: HK$182.2m (loss widened 12% from 1H 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Aug 18
SJM Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025 SJM Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • May 02
Full year 2024 earnings released: EPS: HK$0 (vs HK$0.28 loss in FY 2023) Full year 2024 results: EPS: HK$0 (improved from HK$0.28 loss in FY 2023). Revenue: HK$28.8b (up 33% from FY 2023). Net income: HK$3.20m (up HK$2.01b from FY 2023). Profit margin: 0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Major Estimate Revision • Apr 30
Consensus EPS estimates fall by 37% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from HK$30.7b to HK$30.0b. EPS estimate also fell from HK$0.102 per share to HK$0.064 per share. Net income forecast to grow 28,250% next year vs 32% growth forecast for Hospitality industry in Hong Kong. Consensus price target down from HK$2.98 to HK$2.90. Share price was steady at HK$2.16 over the past week. Announcement • Apr 15
SJM Holdings Limited to Report Q1, 2025 Results on Apr 29, 2025 SJM Holdings Limited announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Mar 05
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: HK$0 (improved from HK$0.28 loss in FY 2023). Revenue: HK$28.8b (up 33% from FY 2023). Net income: HK$3.20m (up HK$2.01b from FY 2023). Profit margin: 0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were behind analyst estimates. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Mar 04
SJM Holdings Limited, Annual General Meeting, Jun 10, 2025 SJM Holdings Limited, Annual General Meeting, Jun 10, 2025. Announcement • Feb 20
SJM Holdings Limited to Report Fiscal Year 2024 Final Results on Mar 04, 2025 SJM Holdings Limited announced that they will report fiscal year 2024 final results on Mar 04, 2025 Announcement • Nov 02
SJM Holdings Limited to Report Q3, 2024 Results on Nov 12, 2024 SJM Holdings Limited announced that they will report Q3, 2024 results on Nov 12, 2024 Price Target Changed • Oct 22
Price target increased by 7.3% to HK$3.59 Up from HK$3.35, the current price target is an average from 15 analysts. New target price is 33% above last closing price of HK$2.71. Stock is up 1.5% over the past year. The company is forecast to post earnings per share of HK$0.06 next year compared to a net loss per share of HK$0.28 last year. Price Target Changed • Oct 12
Price target increased by 7.5% to HK$3.49 Up from HK$3.24, the current price target is an average from 15 analysts. New target price is 19% above last closing price of HK$2.93. Stock is up 4.6% over the past year. The company is forecast to post earnings per share of HK$0.065 next year compared to a net loss per share of HK$0.28 last year. Reported Earnings • Sep 29
First half 2024 earnings released: HK$0.023 loss per share (vs HK$0.18 loss in 1H 2023) First half 2024 results: HK$0.023 loss per share (improved from HK$0.18 loss in 1H 2023). Revenue: HK$13.8b (up 47% from 1H 2023). Net loss: HK$162.4m (loss narrowed 87% from 1H 2023). Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
First half 2024 earnings released: HK$0.023 loss per share (vs HK$0.18 loss in 1H 2023) First half 2024 results: HK$0.023 loss per share (improved from HK$0.18 loss in 1H 2023). Revenue: HK$13.8b (up 47% from 1H 2023). Net loss: HK$162.4m (loss narrowed 87% from 1H 2023). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Announcement • Aug 15
SJM Holdings Limited to Report Q2, 2024 Results on Aug 27, 2024 SJM Holdings Limited announced that they will report Q2, 2024 results on Aug 27, 2024 Recent Insider Transactions • Jul 07
Executive Chairman recently bought HK$575k worth of stock On the 2nd of July, Chiu Fung Ho bought around 220k shares on-market at roughly HK$2.62 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$10m. Chiu Fung has been a buyer over the last 12 months, purchasing a net total of HK$39m worth in shares. Recent Insider Transactions • Jun 28
Executive Chairman recently bought HK$1.3m worth of stock On the 24th of June, Chiu Fung Ho bought around 500k shares on-market at roughly HK$2.66 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$10m. Chiu Fung has been a buyer over the last 12 months, purchasing a net total of HK$38m worth in shares. Announcement • Jun 27
SJM Holdings Limited Announces Board and Committee Changes The Board of SJM Holdings Limited announced that: Mr. Tse Hau Yin did not seek for re-election and ceased to act as an Independent Non- executive Director of the Company upon his retirement from the Board at the conclusion of the 2024 AGM; Upon retirement as Independent Non-executive Director of the Company at the conclusion of the 2024 AGM, Mr. Tse also ceased to be the Chairman of Audit Committee and a member of Nomination Committee and Remuneration Committee of the Board of the Company; Mr. Tse has been appointed as an Advisor of the Company and continues to act as the chairman of Supervisory Committee of SJM Resorts, S.A. and its certain subsidiaries in Macau after his retirement at the conclusion of the 2024 AGM; and Mr. Ho Hau Chong, Norman has been re-designated from a member to the Chairman of Audit Committee of the Board of the Company with effect from the conclusion of the 2024 AGM. Recent Insider Transactions • Jun 19
Executive Chairman recently bought HK$304k worth of stock On the 12th of June, Chiu Fung Ho bought around 113k shares on-market at roughly HK$2.69 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$10m. Chiu Fung has been a buyer over the last 12 months, purchasing a net total of HK$37m worth in shares. Recent Insider Transactions • Jun 01
Executive Chairman recently bought HK$706k worth of stock On the 24th of May, Chiu Fung Ho bought around 237k shares on-market at roughly HK$2.98 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$10m. Chiu Fung has been a buyer over the last 12 months, purchasing a net total of HK$27m worth in shares. Recent Insider Transactions • May 19
Executive Chairman recently bought HK$10m worth of stock On the 10th of May, Chiu Fung Ho bought around 3m shares on-market at roughly HK$2.91 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Chiu Fung has been a buyer over the last 12 months, purchasing a net total of HK$26m worth in shares. Announcement • Apr 28
SJM Holdings Limited to Report Q1, 2024 Results on May 09, 2024 SJM Holdings Limited announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Mar 07
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: HK$0.28 loss per share (improved from HK$1.23 loss in FY 2022). Revenue: HK$21.6b (up 224% from FY 2022). Net loss: HK$2.01b (loss narrowed 74% from FY 2022). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Announcement • Mar 07
SJM Holdings Limited, Annual General Meeting, Jun 26, 2024 SJM Holdings Limited, Annual General Meeting, Jun 26, 2024. Announcement • Feb 24
SJM Holdings Limited to Report Fiscal Year 2023 Results on Mar 06, 2024 SJM Holdings Limited announced that they will report fiscal year 2023 results on Mar 06, 2024 Price Target Changed • Dec 13
Price target decreased by 9.2% to HK$3.67 Down from HK$4.05, the current price target is an average from 18 analysts. New target price is 65% above last closing price of HK$2.23. Stock is down 49% over the past year. The company is forecast to post a net loss per share of HK$0.22 next year compared to a net loss per share of HK$1.23 last year. Announcement • Dec 05
SJM Holdings Limited Announces CFO Changes, Effective from 6 December 2023 The board of directors of SJM Holdings Limited announced that, as a result of a management re-organisation, Mr. Toh Hup Hock ("Mr. Toh"), currently the Chief Financial Officer of the Company and the Chief Operating Officer (Finance and Development) of SJM Resorts, Limited will be appointed as the Chief Operating Officer of SJM Resorts with effect from 6 December 2023. The Board further announces that Mr. Ip Shih Ming, Christopher will be appointed as the Chief Financial Officer of the Company with effect from 6 December 2023 in view of Mr. Toh's redesignation as Chief Operating Officer of SJM Resorts. Mr. Ip, aged 54, has extensive experience in the businesses of investments, real estate transactions and corporate finance. Prior to joining the Company, he was an executive director and Chief Financial Officer of The Hongkong and Shanghai Hotels, Limited from January 2021 to March 2023. He had held senior management positions in the Jardine Matheson Group previously, Morgan Stanley and Deutsche Bank respectively. Mr. Ip holds a Bachelor of Arts degree in International Relations from Brown University, U.S.A. and a Master of Business Administration degree from London Business School, the United Kingdom. Major Estimate Revision • Nov 16
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from HK$22.3b to HK$21.9b. Losses expected to increase from HK$0.20 per share to HK$0.23. Hospitality industry in Hong Kong expected to see average net income growth of 118% next year. Consensus price target down from HK$4.31 to HK$4.03. Share price fell 4.8% to HK$2.59 over the past week. Announcement • Nov 04
SJM Holdings Limited to Report Q3, 2023 Results on Nov 14, 2023 SJM Holdings Limited announced that they will report Q3, 2023 results on Nov 14, 2023 Major Estimate Revision • Sep 05
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from HK$22.9b to HK$22.6b. Losses expected to increase from HK$0.19 per share to HK$0.21. Hospitality industry in Hong Kong expected to see average net income growth of 117% next year. Consensus price target broadly unchanged at HK$4.34. Share price was steady at HK$3.21 over the past week. Reported Earnings • Aug 22
First half 2023 earnings released: HK$0.18 loss per share (vs HK$0.48 loss in 1H 2022) First half 2023 results: HK$0.18 loss per share (improved from HK$0.48 loss in 1H 2022). Revenue: HK$9.36b (up 127% from 1H 2022). Net loss: HK$1.26b (loss narrowed 54% from 1H 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Announcement • Aug 10
SJM Holdings Limited to Report Q2, 2023 Results on Aug 21, 2023 SJM Holdings Limited announced that they will report Q2, 2023 results on Aug 21, 2023 Major Estimate Revision • Jun 30
Consensus estimates of losses per share improve by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from HK$21.2b to HK$21.4b. EPS estimate increased from -HK$0.263 per share to -HK$0.198 per share. Hospitality industry in Hong Kong expected to see average net income growth of 189% next year. Consensus price target of HK$4.65 unchanged from last update. Share price fell 3.2% to HK$3.34 over the past week. Major Estimate Revision • Jun 28
Consensus EPS estimates upgraded to HK$0.20 loss The consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -HK$0.263 to -HK$0.198 per share. Revenue forecast steady at HK$21.3b. Hospitality industry in Hong Kong expected to see average net income growth of 189% next year. Consensus price target of HK$4.65 unchanged from last update. Share price was steady at HK$3.45 over the past week. Major Estimate Revision • May 17
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from HK$21.7b to HK$21.2b. Losses expected to increase from HK$0.26 per share to HK$0.29. Hospitality industry in Hong Kong expected to see average net income growth of 162% next year. Consensus price target broadly unchanged at HK$4.64. Share price fell 8.3% to HK$3.44 over the past week. Major Estimate Revision • Apr 16
Consensus EPS estimates fall by 16% The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -HK$0.235 to -HK$0.272 per share. Revenue forecast unchanged at HK$21.4b. Hospitality industry in Hong Kong expected to see average net income growth of 162% next year. Consensus price target broadly unchanged at HK$4.74. Share price fell 2.4% to HK$4.00 over the past week. Reported Earnings • Mar 09
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: HK$1.23 loss per share (further deteriorated from HK$0.73 loss in FY 2021). Revenue: HK$6.68b (down 34% from FY 2021). Net loss: HK$7.80b (loss widened 88% from FY 2021). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 46%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 28% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Price Target Changed • Jan 16
Price target increased to HK$4.61 Up from HK$4.30, the current price target is an average from 17 analysts. New target price is approximately in line with last closing price of HK$4.79. Stock is down 12% over the past year. The company is forecast to post a net loss per share of HK$0.85 next year compared to a net loss per share of HK$0.73 last year. Board Change • Nov 16
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. 7 non-independent directors. Independent Non-Executive Director Norman Ho was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Nov 03
Consensus revenue estimates fall by 10% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from HK$8.96b to HK$8.03b. Forecast losses increased from -HK$0.77 to -HK$0.80 per share. Hospitality industry in Hong Kong expected to see average net income growth of 158% next year. Consensus price target down from HK$4.12 to HK$3.95. Share price rose 17% to HK$2.93 over the past week. Major Estimate Revision • Nov 01
Consensus EPS estimates fall by 22% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$8.96b to HK$8.87b. Losses expected to increase from HK$0.77 per share to HK$0.94. Hospitality industry in Hong Kong expected to see average net income growth of 158% next year. Consensus price target broadly unchanged at HK$4.12. Share price was steady at HK$2.45 over the past week. Recent Insider Transactions • Sep 10
Executive Chairman recently bought HK$601k worth of stock On the 2nd of September, Chiu Fung Ho bought around 1m shares on-market at roughly HK$0.55 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$28m. Chiu Fung has been a buyer over the last 12 months, purchasing a net total of HK$29m worth in shares. Recent Insider Transactions • Aug 20
Executive Vice Chairman & CEO recently sold HK$83m worth of stock On the 15th of August, Shu Fai So sold around 29m shares on-market at roughly HK$2.90 per share. This was the largest sale by an insider in the last 3 months. Shu Fai has been a seller over the last 12 months, reducing personal holdings by HK$87m. Price Target Changed • Aug 05
Price target decreased to HK$4.27 Down from HK$4.84, the current price target is an average from 14 analysts. New target price is 55% above last closing price of HK$2.75. Stock is down 57% over the past year. The company is forecast to post a net loss per share of HK$0.82 next year compared to a net loss per share of HK$0.73 last year. Reported Earnings • Aug 03
First half 2022 earnings: EPS and revenues exceed analyst expectations First half 2022 results: HK$0.48 loss per share (down from HK$0.26 loss in 1H 2021). Revenue: HK$4.13b (down 21% from 1H 2021). Net loss: HK$2.76b (loss widened 88% from 1H 2021). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) also surpassed analyst estimates by 100%. Over the next year, revenue is forecast to grow 86%, compared to a 8.3% growth forecast for the industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Aug 02
Consensus revenue estimates fall by 11% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from HK$11.7b to HK$10.4b. Forecast losses increased from -HK$0.71 to -HK$0.80 per share. Hospitality industry in Hong Kong expected to see average net income growth of 29% next year. Consensus price target down from HK$5.00 to HK$4.81. Share price fell 8.9% to HK$3.08 over the past week. Major Estimate Revision • Jun 23
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$12.8b to HK$12.2b. Losses expected to increase from HK$0.60 per share to HK$0.69. Hospitality industry in Hong Kong expected to see average net income growth of 50% next year. Consensus price target broadly unchanged at HK$4.88. Share price fell 4.4% to HK$3.03 over the past week. Major Estimate Revision • May 06
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$15.5b to HK$14.0b. Losses expected to increase from HK$0.55 per share to HK$0.62. Hospitality industry in Hong Kong expected to see average net income growth of 35% next year. Consensus price target down from HK$5.38 to HK$5.21. Share price fell 7.5% to HK$3.10 over the past week. Major Estimate Revision • Apr 28
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$17.1b to HK$15.9b. Losses expected to increase from HK$0.47 per share to HK$0.55. Hospitality industry in Hong Kong expected to see average net income growth of 35% next year. Consensus price target of HK$5.38 unchanged from last update. Share price fell 2.1% to HK$3.25 over the past week. Reported Earnings • Apr 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: HK$0.73 loss per share (down from HK$0.53 loss in FY 2020). Revenue: HK$10.1b (up 34% from FY 2020). Net loss: HK$4.14b (loss widened 37% from FY 2020). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 9.7%. Over the next year, revenue is forecast to grow 58%, compared to a 40% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. 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. 8 non-independent directors. Independent Non-Executive Director Howard Yeung 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. Price Target Changed • Apr 21
Price target decreased to HK$5.50 Down from HK$6.05, the current price target is an average from 15 analysts. New target price is 56% above last closing price of HK$3.52. Stock is down 65% over the past year. The company is forecast to post a net loss per share of HK$0.50 next year compared to a net loss per share of HK$0.73 last year. Major Estimate Revision • Apr 14
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$17.6b to HK$17.1b. Losses expected to increase from HK$0.41 per share to HK$0.47. Hospitality industry in Hong Kong expected to see average net income growth of 36% next year. Consensus price target down from HK$6.12 to HK$5.95. Share price fell 2.8% to HK$3.44 over the past week. Major Estimate Revision • Mar 24
Consensus EPS estimates fall by 20% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$18.6b to HK$18.1b. Losses expected to increase from HK$0.35 per share to HK$0.41. Hospitality industry in Hong Kong expected to see average net income growth of 8.5% next year. Consensus price target broadly unchanged at HK$6.30. Share price rose 11% to HK$3.98 over the past week. Reported Earnings • Mar 01
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: HK$0.73 loss per share (down from HK$0.53 loss in FY 2020). Revenue: HK$10.1b (up 34% from FY 2020). Net loss: HK$4.14b (loss widened 37% from FY 2020). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 9.7%. Over the next year, revenue is forecast to grow 72%, compared to a 61% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Feb 28
Consensus EPS estimates fall by 85% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$20.8b to HK$18.9b. Losses expected to increase from HK$0.24 per share to HK$0.44. Hospitality industry in Hong Kong expected to see average net income growth of 9.6% next year. Consensus price target broadly unchanged at HK$6.90. Share price fell 9.8% to HK$4.40 over the past week. Price Target Changed • Oct 21
Price target decreased to HK$7.21 Down from HK$7.82, the current price target is an average from 14 analysts. New target price is 25% above last closing price of HK$5.78. Stock is down 32% over the past year. The company is forecast to post a net loss per share of HK$0.65 next year compared to a net loss per share of HK$0.53 last year. Recent Insider Transactions • Oct 01
Executive Co-Chairman recently bought HK$1.1m worth of stock On the 28th of September, On Kei Leong bought around 200k shares on-market at roughly HK$5.28 per share. In the last 3 months, there was an even bigger purchase from another insider worth HK$6.5m. On Kei has been a buyer over the last 12 months, purchasing a net total of HK$2.1m worth in shares. Price Target Changed • Sep 20
Price target decreased to HK$8.44 Down from HK$9.45, the current price target is an average from 2 analysts. New target price is 57% above last closing price of HK$5.37. Stock is down 46% over the past year. Recent Insider Transactions • Aug 17
Executive Chairman recently bought HK$6.5m worth of stock On the 11th of August, Chiu Fung Ho bought around 1m shares on-market at roughly HK$6.50 per share. This was the largest purchase by an insider in the last 3 months. This was Chiu Fung's only on-market trade for the last 12 months. Reported Earnings • Aug 04
First half 2021 earnings released: HK$0.26 loss per share (vs HK$0.25 loss in 1H 2020) The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: HK$5.22b (up 19% from 1H 2020). Net loss: HK$1.47b (loss widened 3.8% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Executive Departure • Jun 05
Independent Non-Executive Director Lai Him Shek has left the company On the 28th of May, Lai Him Shek's tenure as Independent Non-Executive Director ended. As of March 2021, Lai Him still personally held 200.00k shares (HK$1.3m worth at the time). A total of 2 executives have left over the last 12 months. 
