New Risk • Apr 08
New major risk - Negative shareholders equity The company has negative equity. Total equity: -HK$36m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risk Negative equity (-HK$36m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). New Risk • Mar 18
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 9.9% 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 Negative equity (-HK$36m). Share price has been volatile over the past 3 months (9.9% average weekly change). New Risk • Mar 02
New minor risk - Negative shareholders equity The company has negative equity. Total equity: -HK$36m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 02
First half 2026 earnings released: HK$0.025 loss per share (vs HK$0.01 profit in 1H 2025) First half 2026 results: HK$0.025 loss per share (down from HK$0.01 profit in 1H 2025). Revenue: HK$38.2m (down 57% from 1H 2025). Net loss: HK$67.8m (down 355% from profit in 1H 2025). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has increased by 103% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 12
Art Group Holdings Limited to Report First Half, 2026 Results on Feb 27, 2026 Art Group Holdings Limited announced that they will report first half, 2026 results on Feb 27, 2026 Announcement • Jan 23
Art Group Holdings Limited Announces Resignation of Chen Jinyan as Executive Director Effective January 23, 2026 Art Group Holdings Limited announced that Mr. Chen Jinyan has resigned as an executive Director with effect from January 23, 2026 due to his focus on other business commitments. As at the date of this announcement, the executive directors of the Company are Mr. Su Peixin, Dr. Wong Ho Yin and Mr. Yao Linying; and the independent non-executive directors of the Company are Mr. Chong Hon Wang, Ms. Chuang Yin Lam and Ms. Wang Yuqin. Reported Earnings • Nov 04
Full year 2025 earnings released: EPS: HK$0.018 (vs HK$0.10 loss in FY 2024) Full year 2025 results: EPS: HK$0.018 (up from HK$0.10 loss in FY 2024). Revenue: HK$81.2m (down 27% from FY 2024). Net income: HK$47.9m (up HK$318.7m from FY 2024). Profit margin: 59% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 30
Art Group Holdings Limited, Annual General Meeting, Dec 19, 2025 Art Group Holdings Limited, Annual General Meeting, Dec 19, 2025, at 15:00 China Standard Time. Location: suites 4610-4619, jardine house, 1 connaught place, central, Hong Kong New Risk • Oct 16
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). Large one-off items impacting financial results. Reported Earnings • Oct 01
Full year 2025 earnings released: EPS: HK$0.018 (vs HK$0.10 loss in FY 2024) Full year 2025 results: EPS: HK$0.018 (up from HK$0.10 loss in FY 2024). Revenue: HK$81.2m (down 27% from FY 2024). Net income: HK$47.9m (up HK$318.7m from FY 2024). Profit margin: 59% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 18
Art Group Holdings Limited to Report Fiscal Year 2025 Results on Sep 30, 2025 Art Group Holdings Limited announced that they will report fiscal year 2025 results at 9:30 AM, China Standard Time on Sep 30, 2025 Announcement • Apr 09
Art Group Holdings Limited Announces Resignation of Chong Sze Pui Joanne as an Independent Non-Executive Director and A Member of Each of the Audit Committee, the Remuneration Committee and the Nomination Committee, Effective 9 April 2025 Art Group Holdings Limited announced that Ms. Chong Sze Pui Joanne (Ms. Chong) has resigned as an independent non-executive director and a member of each of the audit committee, the remuneration committee and the nomination committee of the company with effect from 9 April 2025 in order to devote more time to her other engagements. Reported Earnings • Apr 05
First half 2025 earnings released: EPS: HK$0.01 (vs HK$0.014 loss in 1H 2024) First half 2025 results: EPS: HK$0.01 (up from HK$0.014 loss in 1H 2024). Revenue: HK$89.3m (up 27% from 1H 2024). Net income: HK$26.6m (up HK$64.9m from 1H 2024). Profit margin: 30% (up from net loss in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Board Change • Apr 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Yin Lam Chuang was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 27
Art Group Holdings Limited Announces Appointment of Chuang Yin Lam as Independent Non-Executive Director and Board Committees Members The board of directors of Art Group Holdings Limited announced that Ms. Chuang Yin Lam ("Ms. Chuang") has been appointed as an independent non-executive director and a member of each of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 26 March 2025. Ms. Chuang, aged 34, graduated from University of New South Wales, Australia in 2014 with a Bachelor of Media degree in Public Relations and Advertising. Ms. Chuang has over 10 years of experience in corporate advisory and business development. She joined Computershare Hong Kong Investor Services Limited ("Computershare") in 2014. Up to present, she is taking up a dual role in Georgeson LLC, associated company of Computershare, as Senior Manager and Personal Assistant to Global Chief Operating Officer, Georgeson. Ms. Chuang was independent non-executive director of Differ Group Auto Limited, a company whose shares are listed on the Main Board of the Stock Exchange of Hong Kong Limited from 15 May 2023 to 19 March 2025. Announcement • Feb 18
Art Group Holdings Limited to Report First Half, 2025 Results on Feb 28, 2025 Art Group Holdings Limited announced that they will report first half, 2025 results on Feb 28, 2025 New Risk • Nov 26
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 20% 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 Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risk Negative equity (-HK$7.9m). Board Change • Nov 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 Hon Wang Chong was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 06
Art Group Holdings Limited Announces Chief Executive Officer Changes The Board of Art Group Holdings Limited announced that with effect from 5 November 2024, Mr. Su Peixin ("Mr. Su"), an executive director and the chief executive officer of the Company, has been re- designated from the position of the chief executive officer of the Company to the chairman of the Board. Mr. Su, aged 34, has been appointed as the executive director and chief executive officer of the Company in August 2024. He has over 14 years of experiences in the property development industry. Mr. Su worked for Fujian Quanzhuo Nanan City Xinyi Property Development Co. Ltd. and served as the project vice-president and supervisor from May 2010 to December 2014, a director and the sales director from December 2014 to December 2018 and a director and the operation director from December 2018 to June 2021. Before joining the Company, Mr. Su worked for Hebei Hong Pu Real Estate Co. Ltd.*as the chief executive officer from August 2021. Dr. Wong Ho Yin has been appointed as chief executive officer of the Company with effect from 5 November 2024. Dr. Wong, aged 39, graduated from University of London with a Bachelor of Science in Banking and Finance in 2008. He subsequently obtained a Doctor of Professional Studies in Business Administration from Lincoln University College in April 2020. Dr. Wong is a certified financial consultant and has over 14 years of investment and capital market experience. Dr. Wong currently is the chairman of Virtuous Light Holding International Ltd., a company incorporated in the Cayman Islands and principally engaged in investment holding. Dr. Wong is and has acted as an IPO consultant and pre-IPO strategic investor for numerous listed companies and specialized in mergers and acquisitions during the years. From June 2017 to September 2021, he acted as investment director in China Fund Limited. From 28 November 2023 to 19 April 2024, he was an executive director in KNT Holdings Limited, a company listed on the Stock Exchange. Reported Earnings • Oct 18
Full year 2024 earnings released: HK$0.10 loss per share (vs HK$0.25 loss in FY 2023) Full year 2024 results: HK$0.10 loss per share (improved from HK$0.25 loss in FY 2023). Revenue: HK$111.2m (down 22% from FY 2023). Net loss: HK$270.8m (loss narrowed 60% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Oct 17
Art Group Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 30 June 2024 Art Group Holdings Limited provided consolidated earnings guidance for the year ended 30 June 2024. The company announced that, based on a preliminary assessment on the consolidated management accounts of the group for the year ended 30 June 2024 and the information currently available, it is expected that the Group may record a net loss of not less than HKD 270 million for the year ended 30 June 2024, as compared to a net loss of approximately HKD 683 million for the year ended 30 June 2023. The board believes that such net loss is primarily due to (i) a loss on fair value of the Group's investment properties of approximately HKD 260 million incurred for the year ended 30 June 2024 because of slow recovery of China's macro-economy during the current year, particularly the real estate market. Some real estate companies still have financial pressure. Under the influence of multiple factors, the supply and demand ends of the commercial real estate market are still weak; and (ii) an impairment loss of rental deposits of approximately HKD 89 million due to the seizure and title transfer of certain areas of the Jiachao 's Shopping Mall by a number of banks and financial institutions as a result of the exercise of their rights under the pledges of the shopping mall created by its owner, which in turn increased the credit risk to a certain extent. New Risk • Oct 06
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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 Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Announcement • Oct 04
Art Group Holdings Limited to Report Fiscal Year 2024 Results on Oct 17, 2024 Art Group Holdings Limited announced that they will report fiscal year 2024 results at 4:00 PM, China Standard Time on Oct 17, 2024 New Risk • Sep 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$752.9m (US$96.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$752.9m market cap, or US$96.5m). Announcement • Aug 21
Art Group Holdings Limited Announces Executive Changes Art Group Holdings Limited announced Mr. Chen Jindong (Mr. Chen) has tendered his resignation as an executive director of the Company, and shall cease to be the Authorized Representative, all with effect from 21 August 2024 due to his personal health reasons. Mr. Su Peixin(Mr. Su) has been appointed as an executive director of the Company with effect from 21 August 2024. Mr. Su, aged 34, has over 14 years of experiences in the property development industry. Mr. Su worked for Fujian Quanzhuo Nanan City Xinyi Property Development Co. Ltd. and served as the project vice-president and supervisor from May 2010 to December 2014, a director and the sales director from December 2014 to December 2018 and a director and the operation director from December 2018 to June 2021. Before joining the Company, Mr. Su worked for Hebei Hong Pu Real Estate Co. Ltd. as the chief executive officer from August 2021. Following the resignation of Mr. Chen, Mr. Yao Linying, an executive Director, has been appointed as the Authorized Representative, replacing Mr. Chen with effect from 21 August 2024. Announcement • Jul 25
Art Group Holdings Limited Announces Board Changes The board of directors of Art Group Holdings Limited announces that Mr. Kwan Chi Fai (" Mr. Kwan ") has tendered his resignation as an independent non-executive director, the chairman and a member of each of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 25 July 2024 due to his retirement. The Board announces that Mr. Chong Hon Wang ("Mr. Chong") has been appointed as an independent non-executive director, the chairman and a member of each of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 25 July 2024. Mr. Chong aged 49, has devoted over 27 years to the field of auditing and account industry. Mr. Chong served as an audit assistant for C.W. Leung & Co. from October 1996 to October 1997, an audit assistant and later promoted to an audit semi senior with Horwath Hong Kong CPA Limited from July 1998 to October 2000. Mr. Chong served as a senior associate in the Assurance and Business Advisory Service Department of PricewaterhouseCoopers Limited from October 2000 to February 2001. Mr. Chong served as an audit supervisor for Yeung Chi Hung & Co. from March 2001 to March 2002. In May 2002, Mr. Chong set up GCCPA, a CPA firm, and serves as the practising founder. Mr. Chong currently is a Certified ESG Planner certified by the International Chamber of
Sustainable Development as well as a Chartered Tax Adviser from The Taxation Institute of Hong Kong. He also holds the Certified Public Accountant (Practicing) Certificate issued by
the Accounting and Financial Reporting Council. Mr. Chong obtained a Bachelor degree of Arts in Accountancy from The Hong Kong Polytechnic University in 1996, followed by his study as an External Student with a Master degree of Science in Financial Management from University of London in 1998. Mr. Chong also granted a Bachelor degree of Laws from Tsinghua University in China in 2005. Reported Earnings • Mar 25
First half 2024 earnings released: HK$0.014 loss per share (vs HK$0.14 loss in 1H 2023) First half 2024 results: HK$0.014 loss per share (improved from HK$0.14 loss in 1H 2023). Revenue: HK$70.3m (down 6.0% from 1H 2023). Net loss: HK$38.3m (loss narrowed 90% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Feb 20
Art Group Holdings Limited to Report First Half, 2024 Results on Feb 29, 2024 Art Group Holdings Limited announced that they will report first half, 2024 results on Feb 29, 2024 Announcement • Jan 12
Art Group Holdings Limited Declares Special Dividend, Payable on or about 25 March 2024 Art Group Holdings Limited announced that it has resolved to declare the Special Dividend at HKD 0.001 per share of the Company. The Special Dividend will be paid in cash on or about 25 March 2024 to shareholders whose names appear on the register of members of the Company on 12 March 2024. Announcement • Dec 01
Art Group Holdings Limited Announces Company Secretary Changes The board of directors of Art Group Holdings Limited announced that Ms. Yeow Mee Mooi has resigned as the company secretary of the Company with effect from 1 December 2023. Ms. Yeow confirmed that she has no disagreement with the Board and there is no matter that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company in relation to her resignation. The Board further announced that Ms. Shum Ching Yee Jenniferhas been appointed as the Company Secretary with effect from 1 December 2023. Ms. Shum is a fellow member and practicing member of the Hong Kong Institute of Certified Public Accountants and the CPA Australia. Ms. Shum holds a Bachelor degree in Commerce (Accounting) from the University of Western Australia and has over 15 years of professional experience in auditing, accounting and corporate finance. Prior to joining the Group, Ms. Shum was the Chief Financial Officer and Company Secretary of various companies listed on the Hong Kong Stock Exchange and the Singapore Stock Exchange. Announcement • Nov 29
Art Group Holdings Limited Appoints Cai Wenxiao as Non-Executive Director Art Group Holdings Limited announced that with effect from 28 November 2023, Ms. Cai Wenxiao has been appointed as a non-executive Director of the Company. Ms. Cai, aged 36, graduated from Hebei Building Materials Vocational and Technical College in project costs in July 2009. She has experiences in business co-ordination and development. Ms. Cai currently serves as the vice president in the marketing department of Hebei Wanma Biomedical Company Limited from June 2019 responsible for developing and maintaining business and growing new customers. She was the manager in the engineering department of Hou Tu Technology Industry Company Limited from June 2011 to April 2016 responsible for developing and maintaining business and growing new customers. She acted as the vice-president and the marketing director in the marketing department of Renrenmei Industrial Group Company Limited from May 2016 to June 2019 responsible for arranging and coordinating the business of the engineering department. Announcement • Oct 31
Art Group Holdings Limited, Annual General Meeting, Nov 23, 2023 Art Group Holdings Limited, Annual General Meeting, Nov 23, 2023, at 11:00 China Standard Time. Location: Suites 4610-4619, Jardine House, 1 Connaught Place Cantral Hong Kong Agenda: To receive and consider the audited consolidated financial statements of the Company and its subsidiaries for the year ended 30 June 2023 and the reports of the directors and the independent auditor of the Company for the year ended 30 June 2023; to re-elect Mr. Chen Jinyan as an executive Director; to re-elect Ms. Chong Sze Pui Joanne as an independent non-executive Director; and to discuss other matters. New Risk • Oct 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 68% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$349.5m market cap, or US$44.6m). Reported Earnings • Sep 29
Full year 2023 earnings released: HK$0.25 loss per share (vs HK$0.032 loss in FY 2022) Full year 2023 results: HK$0.25 loss per share (further deteriorated from HK$0.032 loss in FY 2022). Revenue: HK$143.2m (down 22% from FY 2022). Net loss: HK$683.4m (loss widened HK$597.0m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Announcement • Sep 26
Art Group Holdings Limited Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Year Ended 30 June 2023 Art Group Holdings Limited provided preliminary unaudited consolidated group earnings guidance for the year ended 30 June 2023. For the year, the group expects to record a net loss of not less than HKD 680 million as compared to a net loss of approximately HKD 88 million for the year ended 30 June 2022. The Board believes that such net loss is primarily due to a significant loss on fair value of the Group's investment properties incurred for the year ended 30 June 2023 as a consequence of the COVID-19 epidemic spreading across the globe since the beginning of 2020, causing the carrying value of the investment properties and the consumption growth continue to drop. In addition, in the first half of 2023, China's macro-economy has recovered steadily, but the foundation for recovery is not yet solid. The recovery of the real estate market has not been as good as expected. Some real estate companies still have financial pressure. Under the influence of multiple factors, the supply and demand ends of the commercial real estate market are still weak; and an impairment loss of loan receivable, of which, the loan had been expired after its revised maturity date on 27 April 2023. Announcement • Sep 19
Art Group Holdings Limited to Report Fiscal Year 2023 Results on Sep 28, 2023 Art Group Holdings Limited announced that they will report fiscal year 2023 results on Sep 28, 2023 Reported Earnings • Mar 02
First half 2023 earnings released: HK$0.14 loss per share (vs HK$0.013 profit in 1H 2022) First half 2023 results: HK$0.14 loss per share (down from HK$0.013 profit in 1H 2022). Revenue: HK$74.8m (down 21% from 1H 2022). Net loss: HK$391.2m (down HK$426.9m from profit in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Feb 17
Art Group Holdings Limited to Report First Half, 2023 Results on Feb 28, 2023 Art Group Holdings Limited announced that they will report first half, 2023 results on Feb 28, 2023 Reported Earnings • Nov 01
Full year 2022 earnings released: HK$0.032 loss per share (vs HK$0.059 loss in FY 2021) Full year 2022 results: HK$0.032 loss per share (improved from HK$0.059 loss in FY 2021). Revenue: HK$184.6m (down 2.1% from FY 2021). Net loss: HK$86.4m (loss narrowed 46% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Oct 22
Art Group Holdings Limited, Annual General Meeting, Dec 14, 2022 Art Group Holdings Limited, Annual General Meeting, Dec 14, 2022. Announcement • Oct 18
Art Group Holdings Limited Announces Retirement of Lin Ye as Independent Non-Executive Director and Committees The board of directors of Art Group Holdings Limited announced that Mr. Lin Ye ("Mr. Lin"), who was appointed as an independent non-executive director (the "INED") of the Company on 15 October 2013, has retired from the office effective from 15 October 2022 upon completion of the term of service of 9 years for the INED. Accordingly, Mr. Lin ceased to act as a member of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 15 October 2022. Mr. Lin has confirmed that he has no disagreement with the Board and that he is not aware of any matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company. Reported Earnings • Sep 28
Full year 2022 earnings released: HK$0.032 loss per share (vs HK$0.066 loss in FY 2021) Full year 2022 results: HK$0.032 loss per share (improved from HK$0.066 loss in FY 2021). Revenue: HK$184.6m (down 2.1% from FY 2021). Net loss: HK$86.4m (loss narrowed 52% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Sep 24
Art Group Holdings Limited Provides Earnings Guidance for the Year Ended 30 June 2022 Art Group Holdings Limited provides earnings guidance for the year ended 30 June 2022. It is expected that the Group may record a net loss of not less than HKD 88 million for the year ended 30 June 2022, as compared to a net loss of approximately HKD 228 million for the year ended 30 June 2021. The Board believes that such net loss is primarily due to (i) a loss on fair value of the Group's investment properties of approximately HKD 162 million incurred for the year ended 30 June 2022 as a result of the ongoing COVID-19 pandemic spreading across the globe since the beginning of 2020, causing the carrying value of the investment properties continue to drop; and (ii) an impairment loss of loan receivable of approximately HKD 51 million, of which, the loan had been extended one more year after its initial maturity date on 27 April 2022. Announcement • Sep 16
Art Group Holdings Limited to Report Fiscal Year 2022 Results on Sep 27, 2022 Art Group Holdings Limited announced that they will report fiscal year 2022 results on Sep 27, 2022 Upcoming Dividend • May 10
Inaugural dividend of HK$0.08 per share Eligible shareholders must have bought the stock before 17 May 2022. Payment date: 29 June 2022. This is the first dividend for Art Group Holdings since going public. The average dividend yield among industry peers is 5.8%. Announcement • Apr 26
Art Group Holdings Limited Proposes Special Dividend Art Group Holdings Limited announced that the extraordinary general meeting to be held on 13 May 2022, the declaration and payment of a special dividend recommended by the board of directors of the Company (the "Board") of HKD 0.08 per share of the Company out of the Company's share premium account (the "Special Dividend") to shareholders of the Company whose names appear on the register of members of the Company on the record date as fixed by the Board be and is hereby approved. Reported Earnings • Mar 18
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: HK$0.013 (up from HK$0.08 loss in 1H 2021). Revenue: HK$94.4m (up 2.7% from 1H 2021). Net income: HK$35.7m (up HK$249.8m from 1H 2021). Profit margin: 38% (up from net loss in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Feb 16
Art Group Holdings Limited to Report First Half, 2022 Results on Feb 28, 2022 Art Group Holdings Limited announced that they will report first half, 2022 results on Feb 28, 2022 Board Change • Oct 31
High number of new directors Independent Non-Executive Director Yuqin Wang was the last director to join the board, commencing their role in 2021. Reported Earnings • Oct 01
Full year 2021 earnings released: HK$0.066 loss per share (vs HK$0.011 loss in FY 2020) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: HK$188.6m (up 18% from FY 2020). Net loss: HK$178.3m (loss widened 482% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance. Announcement • Oct 01
Art Group Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended June 30, 2021 Art Group Holdings Limited provided unaudited consolidated earnings guidance for the year ended June 30, 2021. For the period, it is expected that the Group may record a net loss of not less than HKD 224 million for the year ended 30 June 2021, as compared to a net loss of approximately HKD 36 million for the year ended 30 June 2020. Executive Departure • Sep 23
Independent Non-Executive Director Zeqiang Yang has left the company On the 19th of September, Zeqiang Yang's tenure as Independent Non-Executive Director ended after 9.0 years in the role. We don't have any record of a personal shareholding under Zeqiang's name. Zeqiang is the only executive to leave the company over the last 12 months. Reported Earnings • Mar 11
First half 2021 earnings released: HK$0.081 loss per share (vs HK$0.003 profit in 1H 2020) The company reported a soft first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: HK$92.0m (up 3.4% from 1H 2020). Net loss: HK$217.9m (down HK$227.3m from profit in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Announcement • Feb 11
Art Group Holdings Limited to Report First Half, 2021 Results on Feb 26, 2021 Art Group Holdings Limited announced that they will report first half, 2021 results on Feb 26, 2021 Is New 90 Day High Low • Nov 19
New 90-day high: HK$0.30 The company is up 82% from its price of HK$0.17 on 21 August 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is flat over the same period. Reported Earnings • Oct 26
Full year earnings released - HK$0.011 loss per share Over the last 12 months the company has reported total losses of HK$30.7m, with earnings decreasing by HK$86.5m from the prior year. Total revenue was HK$159.5m over the last 12 months, down 25% from the prior year. Is New 90 Day High Low • Oct 22
New 90-day high: HK$0.27 The company is up 23% from its price of HK$0.22 on 24 July 2020. The Hong Kong market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 5.0% over the same period. Reported Earnings • Oct 02
Full year earnings released - HK$0.011 loss per share Over the last 12 months the company has reported total losses of HK$30.7m, with earnings decreasing by HK$86.5m from the prior year. Total revenue was HK$159.5m over the last 12 months, down 25% from the prior year. Announcement • Sep 19
Art Group Holdings Limited to Report Fiscal Year 2020 Results on Sep 30, 2020 Art Group Holdings Limited announced that they will report fiscal year 2020 results on Sep 30, 2020 Is New 90 Day High Low • Sep 18
New 90-day high: HK$0.24 The company is up 14% from its price of HK$0.21 on 19 June 2020. The Hong Kong market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. 
