Announcement • Apr 24
ArtGo Holdings Limited, Annual General Meeting, Jun 17, 2026 ArtGo Holdings Limited, Annual General Meeting, Jun 17, 2026, at 11:00 China Standard Time. Location: units 5906-12, 59/f., the center, 99 queens road central, Hong Kong Reported Earnings • Apr 04
Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.28 loss in FY 2024) Full year 2025 results: CN¥0.07 loss per share (improved from CN¥0.28 loss in FY 2024). Revenue: CN¥73.8m (up 3.0% from FY 2024). Net loss: CN¥81.8m (loss narrowed 71% from FY 2024). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Mar 30
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 6.6% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$166.4m market cap, or US$21.2m). Announcement • Mar 13
ArtGo Holdings Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 ArtGo Holdings Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 New Risk • Jan 04
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 6.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$227.5m market cap, or US$29.2m). Announcement • Dec 25
ArtGo Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 25.12306 million. ArtGo Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 25.12306 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 237,010,000
Price\Range: HKD 0.106
Discount Per Security: HKD 0.00106
Transaction Features: Subsequent Direct Listing New Risk • Dec 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 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 Earnings have declined by 6.6% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$178.9m market cap, or US$23.0m). Reported Earnings • Sep 02
First half 2025 earnings released: CN¥0.023 loss per share (vs CN¥0.025 loss in 1H 2024) First half 2025 results: CN¥0.023 loss per share. Revenue: CN¥30.7m (up 10% from 1H 2024). Net loss: CN¥26.9m (loss widened 9.9% from 1H 2024). Announcement • Aug 15
ArtGo Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 ArtGo Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Jul 03
Gu Zengcai Ceases to Be Member of Nomination Committee of ArtGo Holdings Limited, Effective 30 June 2025 The board of directors of ArtGo Holdings Limited announced that Mr. Gu Zengcai, a non-executive director of the Company, has ceased to be the member of the nomination committee of the Company with effect from 30 June 2025. Following the above changes, the Nomination Committee comprises three members, namely Mr. Hui Yat On (the chairman of the Nomination Committee), Ms. Wu Jing and Mr. Zhai Feiquan. Announcement • Apr 24
ArtGo Holdings Limited, Annual General Meeting, Jun 17, 2025 ArtGo Holdings Limited, Annual General Meeting, Jun 17, 2025, at 11:00 China Standard Time. Location: units 5906-12, 59/f., the center, 99 queen`s road central., Hong Kong Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.28 loss per share (vs CN¥1.03 loss in FY 2023) Full year 2024 results: CN¥0.28 loss per share (improved from CN¥1.03 loss in FY 2023). Net loss: CN¥285.2m (loss narrowed 28% from FY 2023). 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 30% per year, which means it is significantly lagging earnings. 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 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 Earnings have declined by 11% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$242.9m market cap, or US$31.3m). Announcement • Mar 15
ArtGo Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 ArtGo Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Announcement • Sep 26
Artgo Holdings Limited Announces Resignation of Executive Directors The board of directors of ArtGo Holdings Limited announced that: Mr. Gu Weiwen has tendered his resignation as an executive Director and Vice Chairman of the Board with effect from 26 September 2024 to devote more time to his other engagements. Mr. Gu confirmed that he has no disagreement with the Board and there is no matter in connection with his resignation that needs to be brought to the attention of the shareholders of the Company. Following Mr. Gu's resignation, with effect from 26 September 2024, Mr. Gu has ceased to be a member of the Investment Committee. The Board will appoint new member(s) of the Investment Committee in due course; and Mr. Zhang Jian has tendered his resignation as an executive Director with effect from 26 September 2024 to devote more time to his other engagements. Mr. Zhang confirmed that he has no disagreement with the Board and there is no matter in connection with his resignation that needs to be brought to the attention of the shareholders of the Company. The Board further announces that following the resignation of Mr. Gu, with effect from 26 September 2024, Mr. Gu has ceased to be authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange. Mr. Zhao Zhipeng (the company secretary) has been appointed as Authorized Representative with effect from 26 September 2024. New Risk • Sep 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥9.7m free cash flow). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (220% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$165.9m market cap, or US$21.3m). New Risk • Sep 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥9.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥9.7m free cash flow). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (220% increase in shares outstanding). Minor Risk Market cap is less than US$100m (HK$138.3m market cap, or US$17.7m). Reported Earnings • Mar 30
Full year 2023 earnings released: CN¥1.03 loss per share (vs CN¥0.63 loss in FY 2022) Full year 2023 results: CN¥1.03 loss per share (further deteriorated from CN¥0.63 loss in FY 2022). Revenue: CN¥77.5m (down 13% from FY 2022). Net loss: CN¥396.1m (loss widened 167% from FY 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. New Risk • Mar 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (276% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (HK$330.8m market cap, or US$42.3m). Announcement • Mar 15
ArtGo Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 ArtGo Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Announcement • Feb 06
ArtGo Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 12.344 million. ArtGo Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 12.344 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 61,720,000
Price\Range: HKD 0.2
Transaction Features: Subsequent Direct Listing Announcement • Jan 27
ArtGo Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 12.344 million. ArtGo Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 12.344 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 61,720,000
Price\Range: HKD 0.2
Transaction Features: Subsequent Direct Listing 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 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥109m free cash flow). Earnings have declined by 1.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (253% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$310.2m market cap, or US$39.8m). New Risk • Nov 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 253% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥109m free cash flow). Earnings have declined by 1.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (253% increase in shares outstanding). Minor Risk Market cap is less than US$100m (HK$225.9m market cap, or US$28.9m). Reported Earnings • Sep 06
First half 2023 earnings released: CN¥0.15 loss per share (vs CN¥0.16 loss in 1H 2022) First half 2023 results: CN¥0.15 loss per share. Revenue: CN¥31.1m (up 16% from 1H 2022). Net loss: CN¥40.4m (loss widened 12% from 1H 2022). Announcement • Aug 16
ArtGo Holdings Limited to Report First Half, 2023 Results on Aug 31, 2023 ArtGo Holdings Limited announced that they will report first half, 2023 results on Aug 31, 2023 Announcement • Jun 14
ArtGo Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 12.88 million. ArtGo Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 12.88 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 46,000,000
Price\Range: HKD 0.28
Transaction Features: Subsequent Direct Listing Announcement • May 19
ArtGo Holdings Limited, Annual General Meeting, Jun 19, 2023 ArtGo Holdings Limited, Annual General Meeting, Jun 19, 2023, at 11:00 China Standard Time. Location: Units 590612, 59/F., The Center, 99 Queen's Road Central, Hong Kong Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and independent auditor for the year ended 31 December 2022; to reelect directors; to authorise the board of directors of the Company to fix the remuneration of directors of the Company; to re-appoint Elite Partners CPA Limited as auditor of the Company and to authorise the board of directors to fix their remuneration; to consider amended and restated memorandum and articles of association; and to consider other matters. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Feiquan Zhai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
First half 2022 earnings released: CN¥0.008 loss per share (vs CN¥0.01 loss in 1H 2021) First half 2022 results: CN¥0.008 loss per share (up from CN¥0.01 loss in 1H 2021). Revenue: CN¥26.9m (down 38% from 1H 2021). Net loss: CN¥36.2m (loss narrowed 9.7% from 1H 2021). Announcement • Aug 16
ArtGo Holdings Limited to Report Q2, 2022 Results on Aug 31, 2022 ArtGo Holdings Limited announced that they will report Q2, 2022 results on Aug 31, 2022 Announcement • May 31
ArtGo Holdings Limited, Annual General Meeting, Jun 30, 2022 ArtGo Holdings Limited, Annual General Meeting, Jun 30, 2022, at 11:00 China Standard Time. Location: Units 590612, 59/F., The Center, 99 Queen's Road Central Cantral Hong Kong Agenda: To consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and independent auditor for the year ended 31 December 2021; to consider re-election of Ms. Lung Yuet Kwan, Mr. Hui Yat On, Mr. Gu Zengcai, Mr. Zhang Jian, directors of the Company; to consider fixing the remuneration of directors of the Company; to consider re-appointment Elite Partners CPA Limited as auditor of the Company and to authorize the board of directors to fix their remuneration; and such other issues. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Feiquan Zhai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 03
Full year 2021 earnings released: CN¥0.098 loss per share (vs CN¥0.06 loss in FY 2020) Full year 2021 results: CN¥0.098 loss per share (down from CN¥0.06 loss in FY 2020). Revenue: CN¥88.0m (up 25% from FY 2020). Net loss: CN¥417.8m (loss widened 96% from FY 2020). Reported Earnings • Sep 06
First half 2021 earnings released: CN¥0.01 loss per share (vs CN¥0.029 loss in 1H 2020) The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were flat. First half 2021 results: Revenue: CN¥43.1m (flat on 1H 2020). Net loss: CN¥40.1m (loss narrowed 56% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Announcement • Aug 22
ArtGo Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 June 2021 ArtGo Holdings Limited provided earnings guidance for the six months ended 30 June 2021. For the period, based on the preliminary review of the Group's latest unaudited management accounts, the Group expects to record a net loss of approximately RMB 39 million for the six months ended 30 June 2021 as compared to the net loss of approximately RMB92 million for the corresponding period last year. The expected decrease in loss for the Period was primarily due to the reduction of both expected impairment on investment properties and trade receivables by approximately RMB29 million and RMB12 million respectively; the expected increase of other income and gain by approximately RMB 6 million; and the expected decrease of other expenses
by approximately RMB 5 million. Reported Earnings • Apr 02
Full year 2020 earnings released: CN¥0.06 loss per share (vs CN¥0.03 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥70.6m (down 74% from FY 2019). Net loss: CN¥213.4m (loss widened 148% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings. Announcement • Mar 16
ArtGo Holdings Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 ArtGo Holdings Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Announcement • Jan 16
ArtGo Holdings Limited Announces Appointment of Wan Jian as an Executive Director The Board of ArtGo Holdings Limited announced the appointment of Mr. Wan Jian as an executive Director of the Company with effect from 15 January 2021. Mr. Wan Jian has extensive experience in the construction industry particularly in the construction material field. He was also familiar with stone products processing and their related application on construction projects. Reported Earnings • Sep 24
First half earnings released Over the last 12 months the company has reported total losses of CN¥151.1m, with losses narrowing by 37% from the prior year. Total revenue was CN¥269.2m over the last 12 months, down 34% from the prior year. Announcement • Sep 21
ArtGo Holdings Limited(SEHK:3313) dropped from S&P Global BMI Index ArtGo Holdings Limited(SEHK:3313) dropped from S&P Global BMI Index Announcement • Sep 17
ArtGo Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 22.2 million. ArtGo Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 22.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 222,000,000
Price\Range: HKD 0.1
Discount Per Security: HKD 0.003
Transaction Features: Subsequent Direct Listing Announcement • Aug 15
ArtGo Holdings Limited to Report First Half, 2020 Results on Aug 31, 2020 ArtGo Holdings Limited announced that they will report first half, 2020 results on Aug 31, 2020 Announcement • Aug 04
ArtGo Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 40.5 million. ArtGo Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 40.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 450,000,000
Price\Range: HKD 0.09
Discount Per Security: HKD 0.0009
Transaction Features: Subsequent Direct Listing