New Risk • Aug 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 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 Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (HK$71.1m market cap, or US$9.06m). Minor Risk Latest financial reports are more than 6 months old (reported November 2025 fiscal period end). Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to HK$4.23, the stock trades at a trailing P/E ratio of 69.9x. Average trailing P/E is 22x in the Basic Materials industry in Hong Kong. Total returns to shareholders of 299% over the past three years. New Risk • Jul 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$70.7m (US$9.02m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to HK$4.27, the stock trades at a trailing P/E ratio of 70.3x. Average trailing P/E is 22x in the Basic Materials industry in Hong Kong. Total returns to shareholders of 172% over the past three years. New Risk • Mar 23
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: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$219.7m market cap, or US$28.0m). Reported Earnings • Jan 16
First half 2026 earnings released: EPS: RM0.048 (vs RM0.048 in 1H 2025) First half 2026 results: EPS: RM0.048 (in line with 1H 2025). Revenue: RM18.9m (up 22% from 1H 2025). Net income: RM789.0k (up 5.6% from 1H 2025). Profit margin: 4.2% (down from 4.8% in 1H 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has increased by 110% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 29
WS-SK Target Group Limited to Report First Half, 2026 Results on Jan 14, 2026 WS-SK Target Group Limited announced that they will report first half, 2026 results on Jan 14, 2026 Buy Or Sell Opportunity • Dec 29
Now 23% overvalued Over the last 90 days, the stock has fallen 23% to HK$27.56. The fair value is estimated to be HK$22.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Dec 13
WS-SK Target Group Limited has completed a Follow-on Equity Offering in the amount of HKD 4.30488 million. WS-SK Target Group Limited has completed a Follow-on Equity Offering in the amount of HKD 4.30488 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 216,000
Price\Range: HKD 19.93 Buy Or Sell Opportunity • Dec 08
Now 20% overvalued Over the last 90 days, the stock has fallen 23% to HK$27.16. The fair value is estimated to be HK$22.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Dec 04
WS-SK Target Group Limited has filed a Follow-on Equity Offering in the amount of HKD 4.30488 million. WS-SK Target Group Limited has filed a Follow-on Equity Offering in the amount of HKD 4.30488 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 216,000
Price\Range: HKD 19.93 New Risk • Dec 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 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: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$374.1m market cap, or US$48.0m). Reported Earnings • Aug 31
Full year 2025 earnings released: EPS: RM0.03 (vs RM0.008 in FY 2024) Full year 2025 results: EPS: RM0.03 (up from RM0.008 in FY 2024). Revenue: RM31.6m (up 2.8% from FY 2024). Net income: RM481.0k (up 345% from FY 2024). Profit margin: 1.5% (up from 0.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has increased by 127% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 30
WS-SK Target Group Limited, Annual General Meeting, Nov 21, 2025 WS-SK Target Group Limited, Annual General Meeting, Nov 21, 2025. Announcement • Aug 15
WS-SK Target Group Limited to Report Fiscal Year 2025 Results on Aug 29, 2025 WS-SK Target Group Limited announced that they will report fiscal year 2025 results on Aug 29, 2025 Board Change • Aug 12
High number of new directors Independent Non-Executive Director Ka Yau was the last director to join the board, commencing their role in 2025. New Risk • Aug 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 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 High level of non-cash earnings (21% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported November 2024 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (HK$575.6m market cap, or US$73.3m). Announcement • Jul 02
WS-SK Target Group Limited Announces Changes in Composition of the Nomination Committee, Effective 1 July 2025 The board of directors of WS-SK Target Group Limited announced that Ms. Chan Sheung Yu, an existing independent non-executive Director, has been appointed as a member of the nomination committee of the Company with effect from 1 July 2025 and Mr. Ma, She Shing Albert, an existing independent non-executive Director ceased to act as a member of nomination committee of the Company with effect from 1 July 2025. New Risk • Jun 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$286.8m market cap, or US$36.5m). Reported Earnings • Jan 18
First half 2025 earnings released: EPS: RM0.048 (vs RM0.053 in 1H 2024) First half 2025 results: EPS: RM0.048. Revenue: RM15.5m (up 1.2% from 1H 2024). Net income: RM747.0k (up 4.0% from 1H 2024). Profit margin: 4.8% (up from 4.7% in 1H 2024). The increase in margin was driven by higher revenue. New Risk • Jan 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 1.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$343.4m market cap, or US$44.1m). Announcement • Dec 30
WS-SK Target Group Limited to Report First Half, 2025 Results on Jan 14, 2025 WS-SK Target Group Limited announced that they will report first half, 2025 results on Jan 14, 2025 Board Change • Dec 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Independent Non-Executive Director Albert Ma was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 03
WS-SK Target Group Limited Announces Board Changes The Board of directors of WK-SK Target Group Limited announced that with effect from 2 December 2024: Mr. Kwok Tsz Hin, has resigned as an Independent Non-executive Director and a member of the audit committee of the Company in order to devote more time to his other business commitments; and Ms. Chan Sheung Yu has been appointed as an Independent Non- executive Director and a member of the Audit Committee of the Board. Ms. Chan, aged 37, obtained a Master's degree in Marketing Management from Aston University in the United Kingdom in 2010, and she was awarded a Bachelor's degree in Business Administration and Mathematics in 2008. Ms. Chan has been serving as an independent non-executive director of DreamEast Group Limited (a company listed on the Stock Exchange with stock code: 593) since January 2024 and GBA Group Limited (a company listed on the Stock Exchange with stock code: 261) since July 2023. Ms. Chan is currently the financial controller of Kindness and Welfare Chairty Limited since March 2023. Prior to her current role, Ms. Chan worked at Harvest Holdings Company from March 2017 to August 2019, where she held the position of Business Development Manager. She also worked at Nanyang Commercial Bank from July 2014 to March 2017, where she served as an internal auditor before leaving the company. Ms. Chan is currently a member of the committee of the Chinese Communist Party Jiangsu Youth Federation, the vice president of the Hong Kong Jiangsu Enterprises Association, the deputy treasurer of the Y.Elites Association, and has previously served as a member of the committee of the Home Affairs Department of the Government of the HKSAR, Lung Tong Area Committees. New Risk • Nov 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$122.6m market cap, or US$15.8m). Announcement • Aug 30
SK Target Group Limited, Annual General Meeting, Sep 27, 2024 SK Target Group Limited, Annual General Meeting, Sep 27, 2024, at 15:00 China Standard Time. Location: units 5906-12, 59/f, the center, 99 queen`s road central, Hong Kong Announcement • Aug 18
SK Target Group Limited (SEHK:8427) entered into a Sale and Purchase Agreement to acquire Shenzhen Wanshunfu Smart Life Service Company Limited from Zhou Zhengqing and his daughter Zhou Xuan for approximately HKD 5.5 million. SK Target Group Limited (SEHK:8427) entered into a Sale and Purchase Agreement to acquire Shenzhen Wanshunfu Smart Life Service Company Limited from Zhou Zhengqing and his daughter Zhou Xuan for approximately HKD 5.5 million on August 16, 2024. The Consideration is HKD 5.5 million and shall be satisfied by way of issue of the Promissory Note by the Company on the Completion Date. Upon Completion, the Target Company will become a direct wholly-owned subsidiary of the Company and the financial results of the Target Group will be consolidated into the Company’s consolidated financial statements. For the period ending June 30, 2024, Shenzhen Wanshunfu Smart Life Service Company Limited reported total revenue of HKD 1.38 million and net income of HKD 0.66 million. As of June 30, 2024, Shenzhen Wanshunfu Smart Life Service Company Limited reported total common equity of HKD 4.51 million. Subject to the terms and conditions of the Sale and Purchase Agreement, Completion shall take place after three Business Days after the signing of the Sale and Purchase Agreement or such other date as mutually agreed by the Company and the Vendor. Announcement • Aug 16
SK Target Group Limited to Report Fiscal Year 2024 Results on Aug 29, 2024 SK Target Group Limited announced that they will report fiscal year 2024 results on Aug 29, 2024 Buy Or Sell Opportunity • Aug 05
Now 83% undervalued Over the last 90 days, the stock has risen 664% to HK$0.55. The fair value is estimated to be HK$3.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Aug 05
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 Share price has been highly volatile over the past 3 months (82% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported November 2023 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$89.9m market cap, or US$11.5m). New Risk • Jul 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 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 Share price has been highly volatile over the past 3 months (84% average weekly change). Market cap is less than US$10m (HK$60.0m market cap, or US$7.68m). Minor Risk Latest financial reports are more than 6 months old (reported November 2023 fiscal period end). Announcement • Jan 16
SK Target Group Limited Announces Appointment of Mr. Kwok Tsz Hin as an Independent Non-Executive Director and A Member of the Audit Committee SK Target Group Limited announced the appointment of Mr. Kwok Tsz Hin as an Independent Non-Executive Director and A Member of the Audit Committee with effect from 16 January 2024.Mr. Kwok, aged 26, graduated from University of Newcastle, United Kingdom with a Bachelor of Science with Second Class (Division II) Honours Business Marketing in 2019. Between September 2019 and December 2021, he worked in various private companies as marketing executive and business development manager. Since January 2022, he has joined a trading company which engaged in trading of building materials in Hong Kong and China. Mr. Kwok has been appointed as a member of the Audit Committee. Reported Earnings • Jan 13
Second quarter 2024 earnings released: EPS: RM0.002 (vs RM0.001 in 2Q 2023) Second quarter 2024 results: EPS: RM0.002 (up from RM0.001 in 2Q 2023). Revenue: RM8.08m (up 12% from 2Q 2023). Net income: RM242.0k (up 223% from 2Q 2023). Profit margin: 3.0% (up from 1.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Announcement • Nov 17
SK Target Group Limited Announces Board Changes SK Target Group Limited announced that Mr. Chu Kin Ming ("Mr. Chu") has resigned as an independent non-executive Director, the chairman and a member of the audit committee of the Company (the "Audit Committee") and a member of each of the remuneration committee (the "Remuneration Committee") and nomination committee of the Company with effect from 15 November 2023 in order to devote more time to his other business commitments. Following Mr. Chu's resignation, Mr. Yau Ka Hei has been appointed as the chairman of the Audit Committee and Mr. Ma She Shing, Albert has been appointed as a member of Remuneration Committee with effect from 15 November 2023. Reported Earnings • Oct 14
First quarter 2024 earnings released: EPS: RM0.003 (vs RM0.002 in 1Q 2023) First quarter 2024 results: EPS: RM0.003 (up from RM0.002 in 1Q 2023). Revenue: RM7.23m (down 21% from 1Q 2023). Net income: RM334.0k (up 44% from 1Q 2023). Profit margin: 4.6% (up from 2.5% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Announcement • Oct 05
SK Target Group Limited to Report Q1, 2024 Results on Oct 13, 2023 SK Target Group Limited announced that they will report Q1, 2024 results on Oct 13, 2023 Reported Earnings • Sep 02
Full year 2023 earnings released: EPS: RM0.001 (vs RM0.019 loss in FY 2022) Full year 2023 results: EPS: RM0.001 (up from RM0.019 loss in FY 2022). Revenue: RM30.3m (up 42% from FY 2022). Net income: RM88.0k (up RM2.03m from FY 2022). Profit margin: 0.3% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Announcement • Sep 01
SK Target Group Limited, Annual General Meeting, Sep 22, 2023 SK Target Group Limited, Annual General Meeting, Sep 22, 2023, at 15:00 China Standard Time. Location: Units 5906-12, 59/F, The Center, 99 Queen's Road Central, Hong Kong China Agenda: To receive the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors of the Company ("Directors") and the auditors of the Company ("Auditors") for the year ended 31 May 2023; to re-elect Mr. Loh Swee Keong as Executive Director; to re-elect Mr. Ma, She Shing Albert as Independent Non-executive Director; to re-appoint McMillan Woods (Hong Kong) CPA Limited as the Auditors of the Company and to authorize the Board of Directors to fix their remuneration; to authorize the Board of Directors to fix the Directors' remuneration; and to discuss other matters. Announcement • Aug 24
SK Target Group Limited to Report Fiscal Year 2023 Results on Aug 31, 2023 SK Target Group Limited announced that they will report fiscal year 2023 results at 4:00 PM, China Standard Time on Aug 31, 2023 Announcement • Aug 23
SK Target Group Limited Provides Earnings Guidance for the Year Ended May 31, 2023 SK Target Group Limited provided earnings guidance for the year ended May 31, 2023. For the period, the company expected to record a profit/loss within the range of a profit of approximately RMB 0.5 million to a loss of RMB 0.5 million, as compared to a loss of RMB 1.9 million recorded in corresponding year of 2022. Such reduction in loss was mainly attributable to an increase in revenue of the Group of approximately 42% due to recovery of economy. Announcement • Jun 17
SK Target Group Limited has completed a Follow-on Equity Offering in the amount of HKD 1.015783 million. SK Target Group Limited has completed a Follow-on Equity Offering in the amount of HKD 1.015783 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,387,600
Price\Range: HKD 0.082
Discount Per Security: HKD 0.005
Transaction Features: Subsequent Direct Listing Reported Earnings • Apr 16
Third quarter 2023 earnings released: EPS: RM0 (vs RM0.002 loss in 3Q 2022) Third quarter 2023 results: EPS: RM0 (improved from RM0.002 loss in 3Q 2022). Revenue: RM6.79m (up 29% from 3Q 2022). Net income: RM4.0k (up RM246.0k from 3Q 2022). Profit margin: 0.1% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 14
Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.003 in 2Q 2022) Second quarter 2023 results: EPS: RM0.001 (down from RM0.003 in 2Q 2022). Revenue: RM7.25m (up 13% from 2Q 2022). Net income: RM75.0k (down 75% from 2Q 2022). Profit margin: 1.0% (down from 4.7% in 2Q 2022). The decrease in margin was driven by higher expenses. 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 • Jan 04
SK Target Group Limited Provides Earning Guidance for the Period Ended 30 November 2022 SK Target Group Limited provided earning guidance for the period ended 30 November 2022. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on its preliminary review of the unaudited management accounts of the Group, it is expected that the interim results of the Group for the period ended 30 November 2022 will record a profit of approximately RM0.3 million as compared to a loss of approximately RM0.9 million recorded in the corresponding period in 2021. The expected profit in the financial results of the Company for the period ended 30 November 2022 was mainly attributable to the significant increase in revenue of the Group due to slow recovery of economy. Announcement • Dec 31
SK Target Group Limited to Report First Half, 2023 Results on Jan 13, 2023 SK Target Group Limited announced that they will report first half, 2023 results on Jan 13, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Albert Ma was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 15
First quarter 2023 earnings released: EPS: RM0.002 (vs RM0.012 loss in 1Q 2022) First quarter 2023 results: EPS: RM0.002 (up from RM0.012 loss in 1Q 2022). Revenue: RM9.13m (up 247% from 1Q 2022). Net income: RM232.0k (up RM1.44m from 1Q 2022). Profit margin: 2.5% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Announcement • Sep 29
SK Target Group Limited to Report Q1, 2023 Results on Oct 13, 2022 SK Target Group Limited announced that they will report Q1, 2023 results on Oct 13, 2022 Reported Earnings • Sep 01
Full year 2022 earnings released: EPS: RM0.019 (vs RM0.055 loss in FY 2021) Full year 2022 results: EPS: RM0.019 (up from RM0.055 loss in FY 2021). Revenue: RM21.3m (down 5.9% from FY 2021). Net loss: RM1.94m (loss narrowed 60% from FY 2021). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Announcement • Sep 01
SK Target Group Limited, Annual General Meeting, Nov 23, 2022 SK Target Group Limited, Annual General Meeting, Nov 23, 2022, at 15:00 China Standard Time. Location: at Room 1406-08, 14/F, Austin Tower, 22-26 Austin Avenue, Tsimshatsui Kowloon Hong Kong Agenda: To consider and receive the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors of the Company ("Directors") and the auditors of the Company ("Auditors") for the year ended 31 May 2022; to consider and approve, each as a separate resolution, if thought fit, the following resolutions: re-elect Mr. Chu Kin Ming as Independent Non-executive Director; to re-elect Mr. Yau Ka Hei as Independent Non-executive Director; to authorize the Board of Directors to fix the Directors' remuneration; and to re-appoint Crowe (HK) CPA Limited as the Auditors of the Company and to authorize the Board of Directors to fix their remuneration. Announcement • Aug 18
SK Target Group Limited to Report Fiscal Year 2022 Results on Aug 30, 2022 SK Target Group Limited announced that they will report fiscal year 2022 results at 4:00 PM, China Standard Time on Aug 30, 2022 Announcement • Jul 09
SK Target Group Limited has completed a Follow-on Equity Offering in the amount of HKD 1.8738 million. SK Target Group Limited has completed a Follow-on Equity Offering in the amount of HKD 1.8738 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,205,000
Price\Range: HKD 0.36
Transaction Features: Subsequent Direct Listing Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Albert Ma was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 15
Third quarter 2022 earnings released: RM0.002 loss per share (vs RM0.003 loss in 3Q 2021) Third quarter 2022 results: RM0.002 loss per share (up from RM0.003 loss in 3Q 2021). Revenue: RM5.28m (up 12% from 3Q 2021). Net loss: RM242.0k (flat on 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 57% per year, which means it is performing significantly worse than earnings. Announcement • Apr 05
SK Target Group Limited to Report Q3, 2022 Results on Apr 14, 2022 SK Target Group Limited announced that they will report Q3, 2022 results on Apr 14, 2022 Reported Earnings • Jan 14
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: RM0.003 (up from RM0.009 loss in 2Q 2021). Revenue: RM6.40m (up 11% from 2Q 2021). Net income: RM298.0k (up RM1.08m from 2Q 2021). Profit margin: 4.7% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Board Change • Jan 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Albert Ma was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 14
First quarter 2022 earnings released: RM0.012 loss per share (vs RM0.003 loss in 1Q 2021) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2022 results: Revenue: RM2.63m (down 49% from 1Q 2021). Net loss: RM1.21m (loss widened 375% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 31
Full year 2021 earnings released: RM0.055 loss per share (vs RM0.057 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: RM22.6m (down 1.7% from FY 2020). Net loss: RM4.85m (loss widened 9.6% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jan 14
Second quarter 2021 earnings released: RM0.001 loss per share The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: RM5.79m (down 15% from 2Q 2020). Net loss: RM783.0k (loss narrowed 20% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Announcement • Jan 01
SK Target Group Limited to Report First Half, 2021 Results on Jan 13, 2021 SK Target Group Limited announced that they will report first half, 2021 results on Jan 13, 2021 Reported Earnings • Oct 15
First quarter earnings released Over the last 12 months the company has reported total losses of RM4.22m, with losses widening by 62% from the prior year. Total revenue was RM21.3m over the last 12 months, down 24% from the prior year. Announcement • Oct 01
SK Target Group Limited to Report Q1, 2021 Results on Oct 14, 2020 SK Target Group Limited announced that they will report Q1, 2021 results on Oct 14, 2020 Recent Insider Transactions • Sep 29
Insider recently bought HK$363k worth of stock On the 25th of September, Hong Fung bought around 5m shares on-market at roughly HK$0.069 per share. In the last 3 months, there was an even bigger purchase from another insider worth HK$574k. Insiders have collectively bought HK$3.4m more in shares than they have sold in the last 12 months. Announcement • Aug 14
SK Target Group Limited to Report Fiscal Year 2020 Results on Aug 25, 2020 SK Target Group Limited announced that they will report fiscal year 2020 results on Aug 25, 2020