Board Change • Jun 12
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. 4 non-independent directors. Independent Non-Executive Director Jianxun Shi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 10
Duiba Group Limited Announces Board Changes, Effective June 8, 2026 Duiba Group Limited announced that Mr. Cheng Peng tendered his resignation as an executive Director with effect from June 8, 2026 as he would like to devote more time to his personal development. Duiba Group Limited announced that Ms. Zhang Shuhua was appointed as a non-executive Director with effect from June 8, 2026. Ms. Zhang, aged 46, was appointed as a non-executive Director on June 8, 2026. Ms. Zhang joined the Group in June 2017 and currently serves as the financial controller of Hangzhou Duiba Internet Technology Co. Ltd., an indirect wholly-owned subsidiary of the Company, and is presently responsible for overseeing the financial department of the Group. Ms. Zhang received a college diploma in accounting from Zhejiang College of Finance & Economics of the People’s Republic of China (currently known as Zhejiang University of Finance & Economics) in June 2009. She has obtained the intermediate professional qualification in accounting (accounting intermediate title). With over ten years of experience in full-process financial management across traditional manufacturing, internet financial services, and internet technology groups, Ms. Zhang brings extensive expertise in compliance and financial operations. Ms. Zhang's appointment is subject to retirement at the next annual general meeting of the Company, and Ms. Zhang will then be eligible for re-election in accordance with the articles of association of the Company. As at the date of this announcement, the Board consists of Mr. Chen Xiaoliang and Mr. Zhu Jiangbo as executive Directors, Ms. Yang Jiaqing and Ms. Zhang Shuhua as non-executive Directors and Mr. Kam Wai Man, Dr. Gao Fuping and Dr. Shi Jianxun as independent non-executive Directors. New Risk • May 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 13% 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$157.2m market cap, or US$20.1m). Reported Earnings • Apr 04
Full year 2025 earnings released: CN¥0.10 loss per share (vs CN¥0.037 loss in FY 2024) Full year 2025 results: CN¥0.10 loss per share (further deteriorated from CN¥0.037 loss in FY 2024). Revenue: CN¥610.0m (down 33% from FY 2024). Net loss: CN¥108.9m (loss widened 176% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Announcement • Apr 01
Duiba Group Limited, Annual General Meeting, May 29, 2026 Duiba Group Limited, Annual General Meeting, May 29, 2026. Announcement • Mar 19
Duiba Group Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Duiba Group Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 02
First half 2025 earnings released: CN¥0.025 loss per share (vs CN¥0.018 loss in 1H 2024) First half 2025 results: CN¥0.025 loss per share (further deteriorated from CN¥0.018 loss in 1H 2024). Revenue: CN¥349.6m (down 24% from 1H 2024). Net loss: CN¥26.7m (loss widened 40% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 01
First half 2025 earnings released: CN¥0.025 loss per share (vs CN¥0.018 loss in 1H 2024) First half 2025 results: CN¥0.025 loss per share (further deteriorated from CN¥0.018 loss in 1H 2024). Revenue: CN¥349.6m (down 24% from 1H 2024). Net loss: CN¥26.7m (loss widened 40% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (HK$290.7m market cap, or US$37.3m). Announcement • Aug 19
Duiba Group Limited to Report First Half, 2025 Results on Aug 29, 2025 Duiba Group Limited announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jul 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 12% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥538m free cash flow). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$290.7m market cap, or US$37.0m). New Risk • May 29
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 Less than 1 year of cash runway based on free cash flow trend (-CN¥538m free cash flow). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$191.7m market cap, or US$24.4m). Reported Earnings • May 04
Full year 2024 earnings released: CN¥0.037 loss per share (vs CN¥0.029 profit in FY 2023) Full year 2024 results: CN¥0.037 loss per share (down from CN¥0.029 profit in FY 2023). Revenue: CN¥906.5m (down 17% from FY 2023). Net loss: CN¥39.5m (down 230% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.037 loss per share (vs CN¥0.029 profit in FY 2023) Full year 2024 results: CN¥0.037 loss per share (down from CN¥0.029 profit in FY 2023). Revenue: CN¥906.5m (down 17% from FY 2023). Net loss: CN¥39.5m (down 230% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Announcement • Apr 01
Duiba Group Limited, Annual General Meeting, May 30, 2025 Duiba Group Limited, Annual General Meeting, May 30, 2025. Announcement • Mar 20
Duiba Group Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Duiba Group Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Reported Earnings • Oct 02
First half 2024 earnings released: CN¥0.018 loss per share (vs CN¥0.021 profit in 1H 2023) First half 2024 results: CN¥0.018 loss per share (down from CN¥0.021 profit in 1H 2023). Revenue: CN¥458.3m (down 35% from 1H 2023). Net loss: CN¥19.1m (down 186% from profit in 1H 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Announcement • Aug 20
Duiba Group Limited to Report First Half, 2024 Results on Aug 30, 2024 Duiba Group Limited announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.029 (vs CN¥0.044 loss in FY 2022) Full year 2023 results: EPS: CN¥0.029 (up from CN¥0.044 loss in FY 2022). Revenue: CN¥1.10b (down 32% from FY 2022). Net income: CN¥30.5m (up CN¥76.3m from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Announcement • Mar 29
Duiba Group Limited, Annual General Meeting, May 31, 2024 Duiba Group Limited, Annual General Meeting, May 31, 2024. Board Change • Mar 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. 4 non-independent directors. Independent Non-Executive Director Jianxun Shi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 21
Duiba Group Limited Appoints Yang Jiaqing as Non-Executive Director The board of directors of Duiba Group Limited announced that Ms. Yang Jiaqing has been appointed as a non-executive Director with effect from 20 March 2024. Ms. Yang, aged 33, was appointed as a non-executive Director on 20 March 2024. Ms. Yang joined the Group in March 2016 and currently serves as the legal counsel of Hangzhou Duiba Internet Technology Company Limited, an indirect wholly-owned subsidiary of the Company, and is mainly responsible for the Group's compliance and risk management. Prior to joining the Group, Ms. Yang worked at the legal department of Beijing Zhongtong United Information Services Co. Ltd., a company principally engaged in the operation of a wireless reading platform, from July 2013 to March 2016, and was primarily responsible for providing legal and compliance support for the company's operations. Ms. Yang received a bachelor's degree in law, majoring in intellectual property law, from Zhejiang University of Technology of the People's Republic of China ("China") in June 2013. She obtained the legal professional qualification certificate of China issued by the Ministry of Justice of China in August 2013. Announcement • Mar 16
Duiba Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Duiba Group Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Dec 22
Duiba Group Limited Announces Resignation of Li Chunting as Executive Director The board of directors of Duiba Group Limited announced that Ms. Li Chunting (‘Ms. Li’) has tendered her resignation as an executive Director with effect from 22 December 2023 as she would like to devote more time to her personal development. Ms. Li has confirmed that she has no disagreement with the Board and there are no matters in relation to her resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. Reported Earnings • Sep 01
First half 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.059 loss in 1H 2022) First half 2023 results: EPS: CN¥0.021 (up from CN¥0.059 loss in 1H 2022). Revenue: CN¥708.4m (up 37% from 1H 2022). Net income: CN¥22.1m (up CN¥84.2m from 1H 2022). Profit margin: 3.1% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year whereas the company’s share price has fallen by 55% per year. Announcement • Aug 19
Duiba Group Limited to Report First Half, 2023 Results on Aug 30, 2023 Duiba Group Limited announced that they will report first half, 2023 results on Aug 30, 2023 New Risk • Aug 03
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 9.4% 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 (9.4% average weekly change). Market cap is less than US$100m (HK$350.0m market cap, or US$44.9m). Reported Earnings • Mar 31
Full year 2022 earnings released: CN¥0.044 loss per share (vs CN¥0.011 loss in FY 2021) Full year 2022 results: CN¥0.044 loss per share (further deteriorated from CN¥0.011 loss in FY 2021). Revenue: CN¥1.62b (up 23% from FY 2021). Net loss: CN¥45.9m (loss widened 290% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. 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. 4 non-independent directors. Independent Non-Executive Director Jianxun Shi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
First half 2022 earnings released: CN¥0.059 loss per share (vs CN¥0.058 profit in 1H 2021) First half 2022 results: CN¥0.059 loss per share (down from CN¥0.058 profit in 1H 2021). Revenue: CN¥518.0m (down 28% from 1H 2021). Net loss: CN¥62.1m (down 199% from profit in 1H 2021). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Announcement • Aug 24
Duiba Group Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2022 Duiba Group Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2022. The Group is expected to record a decrease of approximately 26% to 33% in revenue for the six months ended 30 June 2022 as compared with the same period of 2021; (ii) an adjusted loss for the period1 ranging from approximately RMB 55.9 million to RMB 60.9 million for the six months ended 30 June 2022; and (iii) a loss attributable to owners of the parent company of approximately RMB 59.7 million to RMB 64.7 million for the six months ended 30 June 2022 as compared with the profit attributable to owners of the parent company of RMB 62.8 million for the same period of 2021. Announcement • Aug 20
Duiba Group Limited to Report First Half, 2022 Results on Aug 31, 2022 Duiba Group Limited announced that they will report first half, 2022 results on Aug 31, 2022 Announcement • Jun 09
Duiba Group Limited Announces Executive Changes Duiba Group Limited announced that Dr. Ou-Yang Hui has tendered his resignation as an independent non-executive Director with effect from 8 June 2022 as he would like to devote more time to his personal development. With immediate effect following Dr. Ou-Yang's resignation, he has also ceased to be the chairman of the remuneration committee of the Company and a member of each of the audit committee of the Company and the nomination committee of the Company . Dr. Ou-Yang has confirmed that he has no disagreement with the Board, the Board committees and/or the Company and no matters concerning his resignation need to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company . The Board would like to take this opportunity to express its sincere gratitude to Dr. Ou-Yang for his valuable contributions to the Company during his tenure of office. The Board announced that with effect from 8 June 2022, Dr. Shi Jianxun has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee and a member of each of the Audit Committee and the Nomination Committee. Dr. Shi, aged 58, obtained his bachelor of engineering degree from Lanzhou University of Technology in 1982. He further obtained a master's degree in management from the School of Economics and Management of Tsinghua University in 1998 and a doctoral degree in economics from the Economics and Management School of Wuhan University . From July 1982 to January 1994, Dr. Shi served various positions from engineer to head engineer at Xinxiang Machine Tool Factory of Henan and subsequently at Qingdao Electric Welding Rod Factory, respectively. From January 1995 to February 1997, he served as the director of General Office of Qingdao Free Trade Zone Management Committee. From February 1997 to February 1999, Dr. Shi acted as the vice present of Hui Kai Group Co., Ltd and the director of Beijing Hui Kai Trading Development Co. Ltd. . He also served as the director and the vice president of Dare Power Dekor Home Co. Ltd., a company listed on the Shenzhen stock exchange from March 1999 to March 2003. He then engaged in post-doctoral research at the post-doctoral research station of Fudan University from January 2003 to January 2005. Dr. Shi has been working at Tongji University since January 2005, with his current positions as a professor of applied economics, the director of the Institute of Finance and Economics and the vice president of the National Institute of Innovation and Development of Tongji University. Dr. Shi also currently serves as the vice president of Shanghai Association of Finance* and Shanghai Association of World Economics, respectively. Dr. Shi has entered into a service agreement with the Company for a term of three years commencing from 8 June 2022, which may be terminated by no less than three months' notice in writing served by either party on the other. Dr. Shi will receive an annual director's emolument of RMB120,000 in his capacity as an independent non-executive Director with reference to his duties and expertise, as well as the prevailing market rate and the performance of the Company. Dr. Shi's appointment is subject to retirement by rotation at the next general meeting of the Company and Dr. Shi will then be eligible for re-election in accordance with the articles of association of the Company. The amount of remuneration has been approved by the Board and the Remuneration Committee. Reported Earnings • Apr 28
Full year 2021 earnings released: CN¥0.011 loss per share (vs CN¥0.061 loss in FY 2020) Full year 2021 results: CN¥0.011 loss per share (up from CN¥0.061 loss in FY 2020). Revenue: CN¥1.31b (up 23% from FY 2020). Net loss: CN¥11.8m (loss narrowed 82% from FY 2020). 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. 4 non-independent directors. Independent Non Executive Director Fuping Gao was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 01
Duiba Group Limited, Annual General Meeting, May 27, 2022 Duiba Group Limited, Annual General Meeting, May 27, 2022. Reported Earnings • Apr 01
Full year 2021 earnings released: CN¥0.011 loss per share (vs CN¥0.061 loss in FY 2020) Full year 2021 results: CN¥0.011 loss per share (up from CN¥0.061 loss in FY 2020). Revenue: CN¥1.31b (up 23% from FY 2020). Net loss: CN¥11.8m (loss narrowed 82% from FY 2020). Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 21% share price gain to HK$1.09, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 7x in the Interactive Media and Services industry in Hong Kong. Total loss to shareholders of 56% over the past year. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 18% share price decline to HK$1.02, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 12x in the Interactive Media and Services industry in Hong Kong. Total loss to shareholders of 64% over the past year. Announcement • Feb 19
Duiba Group Limited Announces Director Changes Duiba Group Limited announced that Mr. Yao Wenquan has tendered his resignation as an executive Director with effect from 18 February 2022 as he would like to devote more time to his personal development. The Board is announced that Ms. Li Chunting has been appointed as an executive Director with effect from 18 February 2022. Ms. Li was appointed as an executive Director on 18 February 2022. Ms. Li joined the Group in June 2017 and currently serves as the senior vice president of Hangzhou Tuia Internet Technology Company Limited, an indirect wholly-owned subsidiary of the Company, and is mainly responsible for the daily operation and management of Hangzhou Tuia. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 20% share price decline to HK$1.27, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 10x in the Interactive Media and Services industry in Hong Kong. Total loss to shareholders of 43% over the past year. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 17% share price gain to HK$2.04, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 10x in the Interactive Media and Services industry in Hong Kong. Total loss to shareholders of 29% over the past year. Reported Earnings • Aug 30
First half 2021 earnings released: EPS CN¥0.058 (vs CN¥0.046 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CN¥720.5m (up 54% from 1H 2020). Net income: CN¥62.8m (up CN¥110.6m from 1H 2020). Profit margin: 8.7% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Executive Departure • Jun 29
Chief Technology Officer & Executive Director Xiuyi Chen has left the company On the 20th of June, Xiuyi Chen's tenure as Chief Technology Officer & Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Xiuyi's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 3.17 years. Executive Departure • Jun 29
Joint Company Secretary Saibin Wang has left the company On the 20th of June, Saibin Wang's tenure as Joint Company Secretary ended after 2.8 years in the role. We don't have any record of a personal shareholding under Saibin's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 3.17 years. Executive Departure • Jun 05
Non Executive Director Huang Tao has left the company On the 28th of May, Huang Tao's tenure as Non Executive Director ended after 3.0 years in the role. We don't have any record of a personal shareholding under Huang's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.17 years. Executive Departure • Jun 05
Executive Director Ting Chen has left the company On the 28th of May, Ting Chen's tenure as Executive Director ended. As of March 2021, Ting still personally held 2.15m shares (HK$5.5m worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.17 years. Reported Earnings • Apr 29
Full year 2020 earnings released: CN¥0.061 loss per share (vs CN¥0.22 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.07b (down 35% from FY 2019). Net loss: CN¥63.6m (loss narrowed 68% from FY 2019). Reported Earnings • Mar 31
Full year 2020 earnings released: CN¥0.061 loss per share (vs CN¥0.22 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.07b (down 35% from FY 2019). Net loss: CN¥63.6m (loss narrowed 68% from FY 2019). Announcement • Mar 28
Duiba Group Limited Provides Preliminary Unaudited Consolidated Earnings Guidance for the Year Ended December 31, 2020 Duiba Group Limited provided preliminary unaudited consolidated earnings guidance for the year ended December 31, 2020. For the period, the group is expected to record a decrease of approximately 33% to 38% in revenue compared to that of the same period in 2019. It is mainly due to the reduction of the demand and budget of the advertisers and a staging standstill to the platform's offline traffic of interactive advertising business under the pressure of COVID-19 outbreak, leading to a significant adverse impact on the company's interactive advertising business. Meanwhile, the group is expected to record a decrease of approximately 66% to 71% in the loss attributable to the shareholders compared to that of the same period in 2019, which is mainly due to the fact that all redeemable preferred shares have been converted into ordinary shares immediately before the company's listing on The Stock Exchange of Hong Kong Limited. Therefore, changes in fair value of financial liabilities at fair value through profit or loss for the year ended December 31, 2020 is expected to be nil, while the group recorded a loss of approximately RMB 476 million for the same period in 2019. Announcement • Mar 19
Duiba Group Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 Duiba Group Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improved over the past week After last week's 36% share price gain to CN¥3.12, the stock is trading at a trailing P/E ratio of 20.3x, up from the previous P/E ratio of 14.9x. This compares to an average P/E of 20x in the Interactive Media and Services industry in Hong Kong. Total return to shareholders over the past year is a loss of 17%. Is New 90 Day High Low • Feb 12
New 90-day high: HK$3.12 The company is up 16% from its price of HK$2.69 on 13 November 2020. The Hong Kong market is also up 16% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Interactive Media and Services industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$10.15 per share. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 25% share price decline to CN¥2.10, the stock is trading at a trailing P/E ratio of 13.7x, down from the previous P/E ratio of 18.3x. This compares to an average P/E of 15x in the Interactive Media and Services industry in Hong Kong. Total return to shareholders over the past year is a loss of 40%. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥2.69, the stock is trading at a trailing P/E ratio of 17.7x, up from the previous P/E ratio of 14.6x. This compares to an average P/E of 14x in the Interactive Media and Services industry in Hong Kong. Total return to shareholders over the past year is a loss of 34%. Is New 90 Day High Low • Nov 30
New 90-day low: HK$2.38 The company is down 33% from its price of HK$3.57 on 01 September 2020. The Hong Kong market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$8.13 per share. Announcement • Oct 29
Duiba Group Limited Announces Board Changes The board of directors (Directors) of Duiba Group Limited (the Company and together with its subsidiaries, the Group) announced that Mr. William Peng (Mr. Peng) has tendered his written resignation as a non-executive Director with effect from 23 October 2020 due to work adjustment. The Board announced that Mr. Chen Xiuyi (Mr. Chen) has been appointed as an executive Director with effect from 23 October 2020. Mr. Chen joined the Group in April 2020 and is mainly responsible for researching and discovering forward-looking technology structures and solutions in relation to the products and services of the Company and leading the Company's continuous effort to upgrade its technology capability, in particular, in big data and advertisement recommendation calculations. Announcement • Aug 29
Duiba Group Limited Did Not Recommend the Payment of Any Interim Dividend for the Six Months Ended 30 June 2020 The Board of Duiba Group Limited did not recommend the payment of any interim dividend for the six months ended 30 June 2020. Announcement • Aug 22
Duiba Group Limited to Report First Half, 2020 Results on Aug 28, 2020 Duiba Group Limited announced that they will report first half, 2020 results on Aug 28, 2020 
