Announcement • Apr 29
Zhixin Group Holding Limited, Annual General Meeting, Jun 03, 2026 Zhixin Group Holding Limited, Annual General Meeting, Jun 03, 2026, at 14:00 China Standard Time. Location: suite no. 2, 3/f, sino plaza, 255 gloucester road, causeway bay, Hong Kong Reported Earnings • Apr 04
Full year 2025 earnings released: CN¥0.078 loss per share (vs CN¥0.10 loss in FY 2024) Full year 2025 results: CN¥0.078 loss per share (improved from CN¥0.10 loss in FY 2024). Revenue: CN¥552.8m (down 4.8% from FY 2024). Net loss: CN¥58.5m (loss narrowed 22% from FY 2024). 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. New Risk • Mar 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 91% per year over the past 5 years. Minor Risks High level of debt (116% net debt to equity). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$763.0m market cap, or US$97.4m). New Risk • Mar 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor 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 Risk Earnings have declined by 91% per year over the past 5 years. Minor Risks High level of debt (116% net debt to equity). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Mar 21
Zhixin Group Holding Limited has completed a Follow-on Equity Offering in the amount of HKD 101.728 million. Zhixin Group Holding Limited has completed a Follow-on Equity Offering in the amount of HKD 101.728 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 149,600,000
Price\Range: HKD 0.68 Announcement • Mar 10
Zhixin Group Holding Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Zhixin Group Holding Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on Mar 31, 2026 Announcement • Jan 27
Zhixin Group Holding Limited has filed a Follow-on Equity Offering in the amount of HKD 101.728 million. Zhixin Group Holding Limited has filed a Follow-on Equity Offering in the amount of HKD 101.728 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 149,600,000
Price\Range: HKD 0.68 New Risk • Jan 05
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 9.8% 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 91% per year over the past 5 years. Minor Risks High level of debt (116% net debt to equity). Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (HK$471.2m market cap, or US$60.5m). Reported Earnings • Sep 01
First half 2025 earnings released: CN¥0.066 loss per share (vs CN¥0.002 profit in 1H 2024) First half 2025 results: CN¥0.066 loss per share (down from CN¥0.002 profit in 1H 2024). Revenue: CN¥259.7m (up 6.4% from 1H 2024). Net loss: CN¥49.1m (down CN¥50.2m from profit in 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Announcement • Aug 09
Zhixin Group Holding Limited to Report First Half, 2025 Results on Aug 29, 2025 Zhixin Group Holding Limited announced that they will report first half, 2025 results on Aug 29, 2025 Reported Earnings • Mar 30
Full year 2024 earnings released: CN¥0.001 loss per share (vs CN¥0.013 profit in FY 2023) Full year 2024 results: CN¥0.001 loss per share (down from CN¥0.013 profit in FY 2023). Revenue: CN¥580.4m (up 13% from FY 2023). Net loss: CN¥75.2m (down CN¥85.3m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 21 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Zhixin Group Holding Limited, Annual General Meeting, Jun 19, 2025 Zhixin Group Holding Limited, Annual General Meeting, Jun 19, 2025. 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 Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 63% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (HK$396.4m market cap, or US$51.0m). Announcement • Mar 10
Zhixin Group Holding Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Zhixin Group Holding Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 New Risk • Oct 02
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: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 63% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (HK$650.8m market cap, or US$83.8m). New Risk • Sep 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 84% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 63% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (HK$418.9m market cap, or US$53.7m). Announcement • Aug 09
Zhixin Group Holding Limited to Report First Half, 2024 Results on Aug 30, 2024 Zhixin Group Holding Limited announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Aug 08
Zhixin Group Holding Limited Announces Executive Changes Zhixin Group Holding Limited announced that Mr. Zhong Dezhu ("Mr. Zhong") has resigned as the joint company secretary of the Company with effect from 8 August 2024. Mr. Zhong confirmed that there is no disagreement with the Board and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. Following Mr. Zhong's resignation, Mr. Yuen Chi Wai, the other joint company secretary of the Company who meets the requirements of a company secretary under Rule 8.17 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, will be re-designated as the company secretary of the Company with effect from 8 August 2024. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.013 (vs CN¥0.002 in FY 2022) Full year 2023 results: EPS: CN¥0.013 (up from CN¥0.002 in FY 2022). Revenue: CN¥512.8m (down 19% from FY 2022). Net income: CN¥10.1m (up CN¥8.83m from FY 2022). Profit margin: 2.0% (up from 0.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Zhixin Group Holding Limited, Annual General Meeting, Jun 18, 2024 Zhixin Group Holding Limited, Annual General Meeting, Jun 18, 2024. 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 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 Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 37% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (HK$770.4m market cap, or US$98.5m). Announcement • Mar 13
Zhixin Group Holding Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Zhixin Group Holding Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$1.01, the stock trades at a trailing P/E ratio of 61.1x. Average trailing P/E is 14x in the Basic Materials industry in Hong Kong. Total loss to shareholders of 70% over the past year. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$1.01, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 12x in the Basic Materials industry in Hong Kong. Total loss to shareholders of 71% over the past year. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to HK$1.26, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 14x in the Basic Materials industry in Hong Kong. Total loss to shareholders of 54% over the past year. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment deteriorates as stock falls 68% After last week's 68% share price decline to HK$1.10, the stock trades at a trailing P/E ratio of 66.2x. Average trailing P/E is 13x in the Basic Materials industry in Hong Kong. Total loss to shareholders of 49% over the past year. New Risk • Nov 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$695.6m (US$89.3m) 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 Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 37% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (HK$244m sold). Market cap is less than US$100m (HK$695.6m market cap, or US$89.3m). Recent Insider Transactions • Nov 17
Executive Director recently sold HK$50m worth of stock On the 10th of November, Dan Ye sold around 15m shares on-market at roughly HK$3.33 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$91m more than they bought in the last 12 months. New Risk • Sep 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 395% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (32% average weekly change). Earnings have declined by 37% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (HK$16m sold). Announcement • Aug 13
Zhixin Group Holding Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2023 Zhixin Group Holding Limited provided consolidated earnings guidance for the six months ended 30 June 2023. For the period, the group expects to record a net profit ranging from approximately RMB 8.0 million to RMB 11.0 million as compared to the net profit of approximately RMB 0.5 million for the corresponding period in 2022. Announcement • Aug 11
Zhixin Group Holding Limited to Report First Half, 2023 Results on Aug 31, 2023 Zhixin Group Holding Limited announced that they will report first half, 2023 results on Aug 31, 2023 Recent Insider Transactions • Aug 05
Executive Director recently sold HK$16m worth of stock On the 31st of July, Kaining Huang sold around 2m shares on-market at roughly HK$8.14 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Qinjian Jiang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Recent Insider Transactions • Sep 17
Chief Operating Officer recently sold HK$30m worth of stock On the 14th of September, Fulin Ding sold around 17m shares on-market at roughly HK$1.79 per share. This transaction amounted to 91% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Fulin's only on-market trade for the last 12 months. Announcement • Sep 15
Zhixin Group Holding Limited Announces Change of Chief Operating Officer The board of directors of Zhixin Group Holding Limited announced that Mr. Ding Fulin has resigned as the chief operating officer of the Group with effect from 14 September 2022 due to his personal health reason. Mr. Ding has confirmed that he has no disagreement with the Board and there are no any matters in respect of his resignation that need to be brought to the attention of the holders of the securities of the Company. The Board announced that Mr. Qiu Limiao has been appointed as the Chief Operating Officer with effect from 14 September 2022. Mr. Qiu, aged 37, joined the Group in December 2013 as the deputy general manager of Xiamen Zhixin Construction Material Group Limited, an indirect wholly-owned subsidiary of the Company. Mr. Qiu was appointed as an executive Director on 2 March 2020, mainly responsible for assisting in the Group's strategic planning and supervision of implementation of the Group's policies. Mr. Qiu completed an administrative management programme at the Nanchang Normal University (formerly known as Jiangxi Institute of Education in February 2012. He obtained a bachelor's degree in administrative management (through online learning) from Nankai University in July 2014. He completed a general manager training programme at the School of Economics and Management, Tsinghua University in August 2014. Prior to joining the Group, Mr. Qiu served as an inspector in Shishi Tobacco Monopoly Bureau from December 2008 to June 2013 and was mainly responsible for tobacco case investigation. Mr. Qiu is a son-in-law of Mr. Ye Zhijie, Chairman of the Board and an executive Director, and brother-in-law of Mr. Ye Dan, an executive Director. As the Chief Operating Officer, Mr. Qiu will be responsible for the overall operation and management of the Group. Reported Earnings • Aug 29
First half 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.015 in 1H 2021) First half 2022 results: EPS: CN¥0.001 (down from CN¥0.015 in 1H 2021). Revenue: CN¥306.7m (down 4.4% from 1H 2021). Net income: CN¥530.0k (down 95% from 1H 2021). Profit margin: 0.2% (down from 3.2% in 1H 2021). The decrease in margin was driven by lower revenue. Announcement • Jul 30
Zhixin Group Holding Limited Provides Group Earnings Guidance for the Six Months Ended June 30, 2022 Zhixin Group Holding Limited provided group earnings guidance for the six months ended June 30, 2022. For the period, the company is expected that the Group will record a reduction in the Group's net profit for the Relevant Period to a profit or loss close to breakeven as compared with the net profit of approximately RMB 10.2 million for the six months ended June 30, 2021. Such reduction is mainly attributable to: the slight decrease in revenue as a result of temporarily suspension and delays in certain construction projects impacted by the increase in days with adverse weather conditions during the Relevant Period; the increase in cost of sales as a result of the increase in raw material costs and transportation costs; one-off compensation expense for the early termination of the lease of precast concrete components production plant located in Jimei District of Xiamen and the disposal loss of the production facilities on this leased property subsequent to the successful acquisition of the land use rights of a parcel of land for construction of new production plant; and the decrease in non-recurring government grants and awards during the Relevant Period. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Qinjian Jiang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Apr 03
Full year 2021 earnings released Full year 2021 results: Revenue: CN¥765.1m (down 2.5% from FY 2020). Net income: CN¥20.4m (down 67% from FY 2020). Profit margin: 2.7% (down from 8.0% in FY 2020). The decrease in margin was primarily driven by higher expenses. Announcement • Apr 01
Zhixin Group Holding Limited, Annual General Meeting, Jun 29, 2022 Zhixin Group Holding Limited, Annual General Meeting, Jun 29, 2022. Agenda: To consider and re-appoint Messrs. PricewaterhouseCoopers, Certified Public Accountants, as auditor of the Company. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 16% share price gain to HK$3.38, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 5x in the Basic Materials industry in Hong Kong. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 26% share price gain to HK$2.84, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 6x in the Basic Materials industry in Hong Kong. Announcement • Feb 26
Zhixin Group Holding Limited Provides Earnings Guidance for the Year Ended 31 December 2021 The board of directors of Zhixin Group Holding Limited informed the shareholders and potential investors of the Company that, based on the preliminary review of unaudited consolidated management accounts of the Company, together with its subsidiaries, and the information currently available to the Group for the year ended 31 December 2021 it is expected that the Group will record a reduction of approximately 70% in the Group's net profit for the Year as compared with the net profit of approximately RMB 62.6 million for the year ended 31 December 2020 despite a slight decrease in revenue as compared to previous year. Such reduction is mainly attributable to: (i) the slight decrease in revenue as a result of temporarily suspension and delays in certain construction projects impacted by the COVID-19 pandemic and increase in days with adverse weather conditions during the Year; and (ii) the significant increase in cost of sales as a result of the global increase in commodity prices such as steel and iron during the Year, which led to the increase in raw material costs and decrease in the gross profit margin of precast concrete component products. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 17% share price gain to HK$1.93, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 6x in the Basic Materials industry in Hong Kong. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment deteriorated over the past week After last week's 19% share price decline to HK$1.57, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 6x in the Basic Materials industry in Hong Kong. Recent Insider Transactions • Oct 21
Insider recently sold HK$17m worth of stock On the 18th of October, Chen Manhong sold around 11m shares on-market at roughly HK$1.49 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 18% share price gain to HK$1.80, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 6x in the Basic Materials industry in Hong Kong. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥1.56, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 5x in the Basic Materials industry in Hong Kong. Reported Earnings • May 02
Full year 2020 earnings released: EPS CN¥62.62 (vs CN¥0.075 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥784.9m (up 33% from FY 2019). Net income: CN¥62.6m (up 50% from FY 2019). Profit margin: 8.0% (up from 7.1% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥1.19, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 6x in the Basic Materials industry in Hong Kong.