Reported Earnings • Jun 20
First half 2026 earnings released: EPS: HK$0.16 (vs HK$0.20 in 1H 2025) First half 2026 results: EPS: HK$0.16 (down from HK$0.20 in 1H 2025). Revenue: HK$401.5m (down 1.9% from 1H 2025). Net income: HK$48.8m (down 14% from 1H 2025). Profit margin: 12% (down from 14% in 1H 2025). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 20% per year and the company’s share price has also increased by 20% per year. Declared Dividend • May 20
First half dividend of HK$0.079 announced Shareholders will receive a dividend of HK$0.079. Ex-date: 2nd June 2026 Payment date: 18th June 2026 Dividend yield will be 7.1%, which is lower than the industry average of 8.1%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 06
Infinity Development Holdings Company Limited to Report First Half, 2026 Results on May 15, 2026 Infinity Development Holdings Company Limited announced that they will report first half, 2026 results on May 15, 2026 New Risk • Mar 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$769.8m (US$98.3m) 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: 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$769.8m market cap, or US$98.3m). Board Change • Jan 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Peng Huat Tay was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 30
Infinity Development Holdings Company Limited Approves Final Dividend Infinity Development Holdings Company Limited at its annual general meeting held on January 29, 2026, approved the final dividend of 10.3 HK cents per ordinary share of HKD 0.02 each in the share capital of the Company. Upcoming Dividend • Jan 26
Upcoming dividend of HK$0.10 per share Eligible shareholders must have bought the stock before 02 February 2026. Payment date: 23 February 2026. Payout ratio is a comfortable 47% and the cash payout ratio is 85%. Trailing yield: 7.4%. Within top quartile of Hong Kong dividend payers (6.8%). Higher than average of industry peers (2.8%). Reported Earnings • Dec 30
Full year 2025 earnings released: EPS: HK$0.43 (vs HK$0.36 in FY 2024) Full year 2025 results: EPS: HK$0.43 (up from HK$0.36 in FY 2024). Revenue: HK$835.2m (up 13% from FY 2024). Net income: HK$122.2m (up 22% from FY 2024). Profit margin: 15% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 30
Infinity Development Holdings Company Limited, Annual General Meeting, Jan 29, 2026 Infinity Development Holdings Company Limited, Annual General Meeting, Jan 29, 2026. Announcement • Dec 03
Infinity Development Holdings Company Limited has completed a Follow-on Equity Offering in the amount of SGD 13.689 million. Infinity Development Holdings Company Limited has completed a Follow-on Equity Offering in the amount of SGD 13.689 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,100,000
Price\Range: SGD 0.39
Discount Per Security: SGD 0.01365
Transaction Features: New Market Listing Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$1.20, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 10x in the Chemicals industry in Hong Kong. Total returns to shareholders of 144% over the past three years. Reported Earnings • Jun 26
First half 2025 earnings released: EPS: HK$0.10 (vs HK$0.073 in 1H 2024) First half 2025 results: EPS: HK$0.10 (up from HK$0.073 in 1H 2024). Revenue: HK$409.3m (up 23% from 1H 2024). Net income: HK$56.6m (up 38% from 1H 2024). Profit margin: 14% (up from 12% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$1.06, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 10x in the Chemicals industry in Hong Kong. Total returns to shareholders of 117% over the past three years. Declared Dividend • May 31
First half dividend of HK$0.051 announced Shareholders will receive a dividend of HK$0.051. Ex-date: 11th June 2025 Payment date: 27th June 2025 Dividend yield will be 9.9%, which is higher than the industry average of 8.1%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but not covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 30
Infinity Development Holdings Company Limited Declares Interim Dividend for the Six Months Ended 31 March 2025, Payable on 27 June 2025 The Board of Infinity Development Holdings Company Limited declared an interim dividend of HKD 5.1 cents (six months ended 31 March 2024: HKD 3.6 cents) per ordinary share for the six months ended 31 March 2025 to the shareholders of the Company whose names appear on the register of members of the Company on 17 June 2025. The interim dividend will be payable to the Shareholders on 27 June 2025. Announcement • May 16
Infinity Development Holdings Company Limited to Report First Half, 2025 Results on May 28, 2025 Infinity Development Holdings Company Limited announced that they will report first half, 2025 results on May 28, 2025 Upcoming Dividend • Feb 19
Upcoming dividend of HK$0.054 per share Eligible shareholders must have bought the stock before 26 February 2025. Payment date: 13 March 2025. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 11%. Within top quartile of Hong Kong dividend payers (7.9%). Higher than average of industry peers (4.6%). Announcement • Feb 14
Infinity Development Holdings Company Limited Announces Executive Changes The board of directors of Infinity Development Holdings Company Limited announced that, with effect from 14 February 2025, Mr. Tong Hing Wah ceased to be an independent non-executive Director, the chairman of the audit committee and a member of each of the nomination committee and remuneration committee of the Company. The Cessation was proposed by the Company and was due to the Company's consideration that Mr. Tong has currently been subject to a civil litigation and taking into account the nature of the litigation, the time required for resolving the litigation is uncertain, and the process in defending the litigation could be complicated and effort consuming. Thus, it has led to the Company's concern over Mr. Tong's sufficiency of time to attend to various ad hoc corporate activities of the Company (if any) which may require the members of the Board and/or committees to handle in a timely manner. With regard to the Cessation, Mr. Tong has confirmed that he has no disagreement with the Board, and there are no matters in relation to the Cessation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. Mr. Tong also confirmed that he did not have any claim against the Company in relation to the Cessation. Upon the Cessation, Mr. Tong has ceased to be the chairman of the audit committee and a member of each of the remuneration committee and nomination committee of the Company. Ms. Li Sin Man has been appointed as the chairlady of the audit committee of the Company with effect from 14 February 2025. Declared Dividend • Jan 18
Final dividend of HK$0.054 announced Shareholders will receive a dividend of HK$0.054. Ex-date: 26th February 2025 Payment date: 13th March 2025 Dividend yield will be 9.2%, which is higher than the industry average of 8.1%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but not covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jan 16
Infinity Development Holdings Company Limited, Annual General Meeting, Feb 24, 2025 Infinity Development Holdings Company Limited, Annual General Meeting, Feb 24, 2025, at 15:00 China Standard Time. Location: empire room i, 1/f, empire hotel hong kong wan chai, 33 hennessy road, wan chai, Hong Kong Reported Earnings • Dec 14
Full year 2024 earnings released: EPS: HK$0.18 (vs HK$0.12 in FY 2023) Full year 2024 results: EPS: HK$0.18 (up from HK$0.12 in FY 2023). Revenue: HK$736.3m (up 9.6% from FY 2023). Net income: HK$100.4m (up 50% from FY 2023). Profit margin: 14% (up from 10.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Announcement • Dec 03
Infinity Development Holdings Company Limited to Report Fiscal Year 2024 Results on Dec 13, 2024 Infinity Development Holdings Company Limited announced that they will report fiscal year 2024 results on Dec 13, 2024 Reported Earnings • Jun 28
First half 2024 earnings released: EPS: HK$0.073 (vs HK$0.049 in 1H 2023) First half 2024 results: EPS: HK$0.073 (up from HK$0.049 in 1H 2023). Revenue: HK$332.5m (down 7.3% from 1H 2023). Net income: HK$41.0m (up 49% from 1H 2023). Profit margin: 12% (up from 7.7% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jun 13
Now 22% undervalued Over the last 90 days, the stock has risen 2.8% to HK$0.73. The fair value is estimated to be HK$0.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 11%. Declared Dividend • May 31
First half dividend of HK$0.036 announced Shareholders will receive a dividend of HK$0.036. Ex-date: 13th June 2024 Payment date: 27th June 2024 Dividend yield will be 10%, which is higher than the industry average of 8.1%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 30
Infinity Development Holdings Company Limited Declares Interim Dividend for the Six Months Ended 31 March 2024, Payable on 27 June 2024 Infinity Development Holdings Company Limited declared Interim dividend of HKD 0.036 per share for the six months ended 31 March 2024. Ex-dividend date 13 June 2024, Record date 19 June 2024 and Payment date 27 June 2024. Announcement • May 19
Infinity Development Holdings Company Limited to Report First Half, 2024 Results on May 29, 2024 Infinity Development Holdings Company Limited announced that they will report first half, 2024 results on May 29, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of HK$0.041 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 8.0%. Lower than top quartile of Hong Kong dividend payers (8.5%). In line with average of industry peers (7.7%). Declared Dividend • Feb 20
Final dividend reduced to HK$0.041 Dividend of HK$0.041 is 4.7% lower than last year. Ex-date: 28th February 2024 Payment date: 15th March 2024 Dividend yield will be 9.2%, which is higher than the industry average of 8.1%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Feb 12
Upcoming dividend of HK$0.041 per share at 8.0% yield Eligible shareholders must have bought the stock before 19 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 8.0%. Lower than top quartile of Hong Kong dividend payers (8.7%). In line with average of industry peers (8.1%). Announcement • Jan 20
Infinity Development Holdings Company Limited, Annual General Meeting, Feb 26, 2024 Infinity Development Holdings Company Limited, Annual General Meeting, Feb 26, 2024, at 15:00 China Standard Time. Location: Empire Room I, 1/F, Empire Hotel Hong Kong·Wan Chai, 33 Hennessy Road, Wan Chai, Hong Kong Hong Kong China Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and the auditor of the Company and its subsidiaries for the year ended 30 September 2023; To re-appoint RSM Hong Kong as the auditor of the Company and to authorise the Board to fix its remuneration. Announcement • Dec 29
Infinity Development Holdings Company Limited Appoints Ms. Li Sin Man Independent Non-Executive Director and as A Member of Each of the Audit Committee, Remuneration Committee and Nomination Committee The board of directors of Infinity Development Holdings Company Limited announced that with effect from 29 December 2023, Ms. Li Sin Man("Ms. Li") has been appointed as an independent non-executive Director and as a member of each of the audit committee, remuneration committee and nomination committee of the Company. Ms. Li, aged 43, graduated with a Bachelor Degree in Accountancy from The Hong Kong Polytechnic University in 2002 and graduated from Hong Kong Chu Hai College in 2021 with a Master Degree in Social Sciences in International Business Management for Belt and Road Countries. Since August 2006, she has been a member of the Association of Chartered Certified Accountants ("ACCA"). Since August 2011, she has been a fellow member of the ACCA. She served as an intermediate audit staff in Poon & Co. from September 2002 to April 2004. She served as an audit semi-senior in Gregory K.S. Tsang & Co. from April 2004 to February 2005. She served as a semi-senior accountant in Deloitte Touche Tohmatsu from March 2005 to May 2006. She served as an accounting officer in China Overseas Holdings Limited from July 2007to November 2009. She served as an accounting supervisor in M.C.A. Lai Solicitors LLP from December 2009 to January 2015. She served as a financial analyst in Takeda Pharmaceuticals (Hong Kong) Limited from January 2015 to June 2016. From June 2016 onward, she has been working for Prudential Hong Kong Limited and the latest position she is now serving is an unit manager. Reported Earnings • Dec 29
Full year 2023 earnings released: EPS: HK$0.12 (vs HK$0.18 in FY 2022) Full year 2023 results: EPS: HK$0.12 (down from HK$0.18 in FY 2022). Revenue: HK$671.8m (down 22% from FY 2022). Net income: HK$67.1m (down 34% from FY 2022). Profit margin: 10.0% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Dec 14
Infinity Development Holdings Company Limited to Report Fiscal Year 2023 Results on Dec 28, 2023 Infinity Development Holdings Company Limited announced that they will report fiscal year 2023 results on Dec 28, 2023 Buying Opportunity • Jun 29
Now 20% undervalued Over the last 90 days, the stock is up 2.9%. The fair value is estimated to be HK$0.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 14%. Upcoming Dividend • Jun 05
Upcoming dividend of HK$0.024 per share at 8.6% yield Eligible shareholders must have bought the stock before 12 June 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 8.6%. Within top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (7.5%). Reported Earnings • May 31
First half 2023 earnings released: EPS: HK$0.049 (vs HK$0.096 in 1H 2022) First half 2023 results: EPS: HK$0.049 (down from HK$0.096 in 1H 2022). Revenue: HK$358.7m (down 5.0% from 1H 2022). Net income: HK$27.5m (down 49% from 1H 2022). Profit margin: 7.7% (down from 14% in 1H 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 30
Infinity Development Holdings Company Limited Declares Interim Dividend for the Six Months Ended 31 March 2023, Payable on 27 June 2023 Infinity Development Holdings Company Limited declared Interim dividend of HKD 0.024 per share for the six months ended 31 March 2023. Ex-dividend date 12 June 2023, Record date 16 June 2023 and Payment date 27 June 2023. Announcement • May 19
Infinity Development Holdings Company Limited to Report First Half, 2023 Results on May 29, 2023 Infinity Development Holdings Company Limited announced that they will report first half, 2023 results on May 29, 2023 Upcoming Dividend • Feb 20
Upcoming dividend of HK$0.043 per share at 8.1% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 8.1%. Within top quartile of Hong Kong dividend payers (8.0%). Higher than average of industry peers (5.5%). Announcement • Jan 19
Infinity Development Holdings Company Limited, Annual General Meeting, Feb 23, 2023 Infinity Development Holdings Company Limited, Annual General Meeting, Feb 23, 2023, at 15:00 China Standard Time. Location: Empire Room I, 1/F, Empire Hotel Hong Kong Wan Chai, 33 Hennessy Road Wan Chai Hong Kong Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and the auditor of the Company and its subsidiaries for the year ended 30 September 2022; to approve the recommended final dividend of HK 4.3 cents per ordinary share(s) of HKD 0.01 each in the share capital of the Company; to re-elect Mr. Ip Ka Lun as an executive Director; to re-elect Mr. Simon Luk, who has served the Company for more than nine years, as an independent non-executive Director; to re-elect Mr. Tong Hing Wah, who has served the Company for more than nine years, as an independent non-executive Director; to authorise the board of Directors to fix the Directors' remuneration; to re-appoint RSM Hong Kong as the auditor of the Company and to authorise the Board to fix its remuneration; and to consider other matters. Reported Earnings • Dec 26
Full year 2022 earnings released: EPS: HK$0.18 (vs HK$0.074 in FY 2021) Full year 2022 results: EPS: HK$0.18 (up from HK$0.074 in FY 2021). Revenue: HK$862.1m (up 34% from FY 2021). Net income: HK$101.4m (up 144% from FY 2021). Profit margin: 12% (up from 6.4% in FY 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Dec 24
Infinity Development Holdings Company Limited Proposes Final Dividend for the Year Ended 30 September 2022 Infinity Development Holdings Company Limited proposed the final dividend of HKD 0.043 per share for the year ended 30 September 2022. Announcement • Dec 13
Infinity Development Holdings Company Limited to Report Fiscal Year 2022 Results on Dec 23, 2022 Infinity Development Holdings Company Limited announced that they will report fiscal year 2022 results on Dec 23, 2022 Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Raymond Tong was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Sep 22
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be HK$0.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years, while earnings per share has been flat. Buying Opportunity • Aug 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.5%. The fair value is estimated to be HK$0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years, while earnings per share has been flat. Buying Opportunity • Jul 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.8%. The fair value is estimated to be HK$0.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years, while earnings per share has been flat. Buying Opportunity • Jun 06
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 1.5%. The fair value is estimated to be HK$0.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.3% over the last 3 years, while earnings per share has been flat. Reported Earnings • May 29
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down HK$29.8m from profit in 1H 2021). Profit margin: (down from 9.2% in 1H 2021). 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 4% per year. Announcement • May 28
Infinity Development Holdings Company Limited Proposes Interim Dividend for the Six Months Ended 31 March 2022, Payable on June 27, 2022 Infinity Development Holdings Company Limited proposed Interim dividend of HKD 0.019 per share for the six months ended 31 March 2022. Ex-dividend date 13 June 2022, Record date 17 June 2022 and Payment date 27 June 2022. Announcement • May 14
Infinity Development Holdings Company Limited to Report First Half, 2022 Results on May 31, 2022 Infinity Development Holdings Company Limited announced that they will report first half, 2022 results on May 31, 2022 Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Raymond Tong was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 16
Upcoming dividend of HK$0.028 per share Eligible shareholders must have bought the stock before 23 March 2022. Payment date: 04 April 2022. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 7.1%. Lower than top quartile of Hong Kong dividend payers (8.3%). Higher than average of industry peers (6.0%). Upcoming Dividend • Feb 17
Upcoming dividend of HK$0.028 per share Eligible shareholders must have bought the stock before 24 February 2022. Payment date: 14 March 2022. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 6.7%. Lower than top quartile of Hong Kong dividend payers (7.1%). Higher than average of industry peers (4.7%). Announcement • Dec 31
Infinity Development Holdings Company Limited Recommends Payment of a Special Dividend for the Year Ended 30 September 2021 Infinity Development Holdings Company Limited announced for the year ended 30 September 2021, the Board has resolved to recommend the payment of a special dividend of 0.5 cents (year ended 30 September 2020: nil) per ordinary share to the Shareholders (subject to approval by the Shareholders at the forthcoming annual general meeting for the yearended 30 September 2021). Reported Earnings • Dec 31
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: HK$0.074 (down from HK$0.098 in FY 2020). Revenue: HK$643.4m (up 18% from FY 2020). Net income: HK$41.5m (down 26% from FY 2020). Profit margin: 6.4% (down from 10% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 9% 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 • Jun 27
First half 2021 earnings released: EPS HK$0.053 (vs HK$0.032 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$325.0m (up 5.9% from 1H 2020). Net income: HK$29.8m (up 61% from 1H 2020). Profit margin: 9.2% (up from 6.0% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 06
Upcoming dividend of HK$0.027 per share Eligible shareholders must have bought the stock before 11 June 2021. Payment date: 28 June 2021. Trailing yield: 8.2%. Within top quartile of Hong Kong dividend payers (5.9%). Higher than average of industry peers (3.5%). Reported Earnings • May 31
First half 2021 earnings released: EPS HK$0.053 (vs HK$0.032 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$325.0m (up 5.9% from 1H 2020). Net income: HK$29.8m (up 61% from 1H 2020). Profit margin: 9.2% (up from 6.0% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • May 29
Infinity Development Holdings Company Limited Declares an Interim for the Six Months Ended 31 March 2021, Payable on 28 June 2021 The Board of Infinity Development Holdings Company Limited has declared an interim dividend of 2.7 Hong Kong cents (six months ended 31 March 2020: Nil) per share for the six months ended 31 March 2021 to the shareholders of the Company whose names appear on the register of members of the Company on 15 June 2021. The interim dividend will be payable to the shareholders of the Company on 28 June 2021. Announcement • May 21
Infinity Development Holdings Company Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended March 31, 2021 Infinity Development Holdings Company Limited provided unaudited consolidated earnings guidance for the six months ended March 31, 2021. For the six months, the company expected the consolidated profit attributable to equity owners of the Company is expected to be not less than HKD 28,500,000 for the Current Period, representing an increase of not less than 53% as compared to the consolidated profit attributable to equity owners of the Company of approximately HKD 18,546,000 for the six months ended 31 March 2020 (the "Corresponding Period"). The expected financial improvement in the Group's results for the Current Period was mainly due to (i) the decrease in expected credit loss allowances for trade, bills and other receivables according to the requirement of the Hong Kong Financial Reporting Standard 9 "Financial Instruments" by approximately HKD 8,000,000 based on the management's preliminary assessment (which is subject to the final valuation by an independent professional valuer); and (ii) that the Group did not expect to incur a loss on the fair value of the investment properties for the Current Period, as compared to a loss on the fair value of investment properties of approximately HKD 5,100,000 recorded for the Corresponding Period. Is New 90 Day High Low • Mar 04
New 90-day low: HK$0.60 The company is down 20% from its price of HK$0.75 on 04 December 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period. Upcoming Dividend • Feb 17
Upcoming Dividend of HK$0.052 Per Share Will be paid on the 15th of March to those who are registered shareholders by the 24th of February. The trailing yield of 7.5% is in the top quartile of Hong Kong dividend payers (6.4%), and it is higher than industry peers (4.9%). Is New 90 Day High Low • Jan 31
New 90-day low: HK$0.61 The company is down 2.0% from its price of HK$0.62 on 02 November 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 43% over the same period. Reported Earnings • Jan 20
Full year 2020 earnings released: EPS HK$0.098 The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: HK$544.0m (down 21% from FY 2019). Net income: HK$56.0m (down 15% from FY 2019). Profit margin: 10% (up from 9.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.