Buy Or Sell Opportunity • May 23
Now 20% overvalued Over the last 90 days, the stock has fallen 7.2% to HK$1.41. The fair value is estimated to be HK$1.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Reported Earnings • Apr 02
Full year 2025 earnings released: HK$0.011 loss per share (vs HK$0.048 loss in FY 2024) Full year 2025 results: HK$0.011 loss per share (improved from HK$0.048 loss in FY 2024). Revenue: HK$308.8m (flat on FY 2024). Net loss: HK$32.9m (loss narrowed 77% from FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year. Announcement • Mar 19
Symphony Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Symphony Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Sep 02
First half 2025 earnings released: HK$0.004 loss per share (vs HK$0.01 loss in 1H 2024) First half 2025 results: HK$0.004 loss per share (improved from HK$0.01 loss in 1H 2024). Revenue: HK$148.2m (down 1.4% from 1H 2024). Net loss: HK$13.3m (loss narrowed 53% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Aug 19
Symphony Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 Symphony Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jul 31
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$34m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risk Significant insider selling over the past 3 months (HK$34m sold). Recent Insider Transactions • Jul 01
Chairman & CEO recently bought HK$480k worth of stock On the 26th of June, Tun Nei Cheng bought around 600k shares on-market at roughly HK$0.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$1.7m. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$16m worth in shares. Announcement • Jun 21
Symphony Holdings Limited Announces Board Changes, Changes in Composition of Board Committees, Effective June 20, 2025 The board of directors of Symphony Holdings Limited announced that Mr. Chow Yu Chun Alexander retired from the position as an independent non-executive Director with effect from 20 June 2025. The Board announced the appointment of Ms. Ma Yin Fan as an independent non- executive Director with effect from 20 June 2025. Ms. Ma, aged 61, is a CPA (Practising) in Hong Kong and has been working in the auditing, accounting and taxation areas with more than 20 years of professional experience. She is the principal of Messrs. Ma Yin Fan & Company CPAs. Ms. Ma is a fellow of the Hong Kong Institute of Certified Public Accountants, the Institute of Chartered Accountants in the England and Wales, The Taxation Institute of Hong Kong, the Association of Chartered Certified Accountants, and a chartered secretary, chartered governance professional and fellow of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. Ms. Ma obtained a bachelor's degree with honours in accounting from Middlesex University in the United Kingdom. She is also awarded the Master of Business Administration and Master in Professional Accounting degree from Heriot-Watt University in the United Kingdom and The Hong Kong Polytechnic University respectively. Ms. Ma is currently an independent non-executive director of CSC Holdings Limited Ms. Ma was also an independent non-executive director of Goldstone Capital Group Limited and CST Group Limited until 31 December 2022 and 5 December 2023 respectively. CHANGE IN COMPOSITION OF BOARD COMMITTEE: The Board further announced that, with effect from 20 June 2025: Mr. Chow has ceased to be the chairman of the audit committee of the Company and a member of the Remuneration Committee; Mr. Wah Wang Kei Jackie, an independent non-executive Director, has ceased to be a member of the Nomination Committee; Ms. Ma, an independent non-executive Director, has been appointed as the chairman of the Audit Committee and a member of each of the Nomination Committee and Remuneration Committee. Announcement • Jun 20
Symphony Holdings Limited Approves Final Dividend for the Year Ended 31 December 2024 Symphony Holdings Limited approved final dividend of HKD 0.005 per share for the year ended 31 December 2024. Recent Insider Transactions • Jun 19
Chairman & CEO recently bought HK$713k worth of stock On the 17th of June, Tun Nei Cheng bought around 880k shares on-market at roughly HK$0.81 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$1.7m. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$16m worth in shares. Recent Insider Transactions • Jun 04
Chairman & CEO recently bought HK$1.0m worth of stock On the 30th of May, Tun Nei Cheng bought around 1m shares on-market at roughly HK$0.81 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$1.7m. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$14m worth in shares. Recent Insider Transactions • Apr 17
Chairman & CEO recently bought HK$1.7m worth of stock On the 11th of April, Tun Nei Cheng bought around 2m shares on-market at roughly HK$0.79 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$2.8m. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$11m worth in shares. Buy Or Sell Opportunity • Apr 03
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at HK$0.81. The fair value is estimated to be HK$1.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 02
Full year 2024 earnings released: HK$0.048 loss per share (vs HK$0.069 loss in FY 2023) Full year 2024 results: HK$0.048 loss per share (improved from HK$0.069 loss in FY 2023). Revenue: HK$307.6m (flat on FY 2023). Net loss: HK$143.1m (loss narrowed 31% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Announcement • Apr 01
Symphony Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2024, Payable on 8 September 2025 Symphony Holdings Limited proposed final dividend of HKD 0.005 per share for the year ended 31 December 2024. Date of shareholders' approval is 20 June 2025. Ex-dividend date is 7 August 2025, Record date is 15 August 2025 and Payment date is 8 September 2025. Announcement • Mar 31
Symphony Holdings Limited, Annual General Meeting, Jun 20, 2025 Symphony Holdings Limited, Annual General Meeting, Jun 20, 2025. Announcement • Mar 20
Symphony Holdings Limited to Report Fiscal Year 2024 Final Results on Mar 31, 2025 Symphony Holdings Limited announced that they will report fiscal year 2024 final results on Mar 31, 2025 Announcement • Feb 26
Symphony Holdings Limited (SEHK:1223) entered into the share sale and purchase agreement to acquire remaining 15% stake in SYM ITO Sales & Distribution Company Limited from ITOCHU Corporation (TSE:8001) for approximately HKD 4.7 million. Symphony Holdings Limited (SEHK:1223) entered into the share sale and purchase agreement to acquire remaining 15% stake in SYM ITO Sales & Distribution Company Limited from ITOCHU Corporation (TSE:8001) for approximately HKD 4.7 million on February 25, 2025. Upon completion, Symphony Holdings Limited will own 100% stake in SYM ITO Sales & Distribution Company Limited. In this transaction, Symphony Holdings will acquire 0.6 million shares in SYM ITO Sales & Distribution Company. The Consideration shall be paid by the Company in cash by internal resources of the Group on or before Completion. Going forward, by fully controlling SYM ITO through the Acquisition, the Company intends to continue to grow the “SKINS” business. The board of Symphony Holdings Limited has approved the transaction. Recent Insider Transactions • Jan 29
Chairman & CEO recently bought HK$2.8m worth of stock On the 27th of January, Tun Nei Cheng bought around 4m shares on-market at roughly HK$0.81 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$8.9m worth in shares. Recent Insider Transactions • Jan 11
Chairman & CEO recently bought HK$1.2m worth of stock On the 8th of January, Tun Nei Cheng bought around 2m shares on-market at roughly HK$0.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$1.6m. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$10m worth in shares. Recent Insider Transactions • Nov 21
Chairman & CEO recently bought HK$1.6m worth of stock On the 18th of November, Tun Nei Cheng bought around 2m shares on-market at roughly HK$0.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$1.6m. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$20m worth in shares. Recent Insider Transactions • Oct 17
Chairman & CEO recently bought HK$1.6m worth of stock On the 8th of October, Tun Nei Cheng bought around 2m shares on-market at roughly HK$0.82 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$28m worth in shares. Reported Earnings • Sep 30
First half 2024 earnings released: HK$0.01 loss per share (vs HK$0.029 loss in 1H 2023) First half 2024 results: HK$0.01 loss per share (improved from HK$0.029 loss in 1H 2023). Revenue: HK$150.3m (down 1.9% from 1H 2023). Net loss: HK$28.4m (loss narrowed 68% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Aug 20
Symphony Holdings Limited to Report Q2, 2024 Results on Aug 29, 2024 Symphony Holdings Limited announced that they will report Q2, 2024 results on Aug 29, 2024 Announcement • Apr 30
Symphony Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023 Symphony Holdings Limited Annual General Meeting to Be Held on 28 June 2024, proposed to declare a final dividend of HKD 0.005 per ordinary share of the Company for the year ended 31 December 2023. Reported Earnings • Mar 30
Full year 2023 earnings released: HK$0.069 loss per share (vs HK$0.029 loss in FY 2022) Full year 2023 results: HK$0.069 loss per share (further deteriorated from HK$0.029 loss in FY 2022). Revenue: HK$304.7m (up 9.2% from FY 2022). Net loss: HK$205.9m (loss widened 141% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Mar 19
Symphony Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Symphony Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Recent Insider Transactions • Jan 19
Chairman & CEO recently bought HK$858k worth of stock On the 17th of January, Tun Nei Cheng bought around 1m shares on-market at roughly HK$0.86 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$5.3m. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$50m worth in shares. Announcement • Dec 06
Symphony Holdings Limited (SEHK:1223) entered into share sale and purchase agreement to acquire additional 25% stake in SYM ITO Sales & Distribution Company Limited from ITOCHU Textile Prominent (Asia) Limited for HKD 7.8 million. Symphony Holdings Limited (SEHK:1223) entered into share sale and purchase agreement to acquire additional 25% stake in SYM ITO Sales & Distribution Company Limited from ITOCHU Textile Prominent (Asia) Limited for HKD 7.8 million on December 5, 2023. The consideration will be paid in cash by symphony by internal resources. For period ended December 31, 2022, SYM ITO reported net assets of HKD 13.44 million and loss after taxation of HKD 14.9 million. The transaction is expected to complete on December 29, 2023. Recent Insider Transactions • Nov 16
Chairman & CEO recently bought HK$2.8m worth of stock On the 14th of November, Tun Nei Cheng bought around 3m shares on-market at roughly HK$0.85 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$29m worth in shares. Recent Insider Transactions • Sep 13
Chairman & CEO recently bought HK$2.7m worth of stock On the 6th of September, Tun Nei Cheng bought around 3m shares on-market at roughly HK$0.89 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$3.3m. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$44m worth in shares. Reported Earnings • Sep 02
First half 2023 earnings released: HK$0.029 loss per share (vs HK$0.002 loss in 1H 2022) First half 2023 results: HK$0.029 loss per share (further deteriorated from HK$0.002 loss in 1H 2022). Revenue: HK$153.2m (up 13% from 1H 2022). Net loss: HK$87.6m (loss widened HK$80.4m from 1H 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Recent Insider Transactions • Jul 19
COO & Executive Director recently bought HK$261k worth of stock On the 18th of July, Kar Lee Chan bought around 300k shares on-market at roughly HK$0.87 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Kar Lee's only on-market trade for the last 12 months. Announcement • Jun 24
Symphony Holdings Limited Approves Final Dividend for the Year Ended 31 December 2022 Symphony Holdings Limited at its annual general meeting held on June 23, 2023, approved to declare a final dividend of HKD 0.005 per ordinary share of the Company for the year ended 31 December 2022. Reported Earnings • Apr 01
Full year 2022 earnings released: HK$0.029 loss per share (vs HK$0.012 profit in FY 2021) Full year 2022 results: HK$0.029 loss per share (down from HK$0.012 profit in FY 2021). Revenue: HK$279.2m (down 43% from FY 2021). Net loss: HK$85.4m (down 334% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jan 04
Chairman & CEO recently bought HK$170k worth of stock On the 29th of December, Tun Nei Cheng bought around 200k shares on-market at roughly HK$0.85 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$21m worth in shares. 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. 3 experienced directors. 3 highly experienced directors. Head of Real Estate Division & Executive Director Cheung Ming Lee was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
First half 2022 earnings released: HK$0.002 loss per share (vs HK$0.002 loss in 1H 2021) First half 2022 results: HK$0.002 loss per share (in line with 1H 2021). Revenue: HK$135.4m (down 2.7% from 1H 2021). Net loss: HK$7.16m (loss widened 13% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Recent Insider Transactions • Sep 28
Chairman & CEO recently bought HK$21m worth of stock On the 23rd of September, Tun Nei Cheng bought around 21m shares on-market at roughly HK$0.98 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$30m worth in shares. Reported Earnings • Sep 01
First half 2022 earnings released: HK$0.002 loss per share (vs HK$0.001 profit in 1H 2021) First half 2022 results: HK$0.002 loss per share (down from HK$0.001 profit in 1H 2021). Revenue: HK$135.4m (down 39% from 1H 2021). Net loss: HK$7.16m (down 439% from profit in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Aug 25
Symphony Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022 Symphony Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2022. For the period, the group is expected to incur a consolidated net loss of not more than HKD 13.0 million for the Period as compared to the consolidated net profit of approximately HKD 0.8 million for the six months ended 30 June 2021. Announcement • Aug 17
Symphony Holdings Limited to Report First Half, 2022 Results on Aug 31, 2022 Symphony Holdings Limited announced that they will report first half, 2022 results on Aug 31, 2022 Announcement • Jul 09
Yeung King Hang Resigns as Company Secretary of Symphony Holdings Limited The board of directors of Symphony Holdings Limited announced that Mr. Yeung King Hang has resigned as the company secretary of the Company with effect from 8 July 2022. Mr. Yeung confirmed that he has no disagreement with the Board and there are no other matters that need to be brought to the attention of the shareholders of the Company in relation to his resignation. The Company is looking for a potential suitable candidate to take up the position of company secretary of the Company as soon as reasonably practicable and will make an announcement if and when an appointment is made. Announcement • Jun 25
Symphony Holdings Limited Approves Final Dividend for the Year Ended 31 December 2021 Symphony Holdings Limited approved to declare a final dividend of HKD 0.005 per ordinary share of the Company for the year ended 31 December 2021, at its AGM held on June 24, 2022. 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. 3 experienced directors. 3 highly experienced directors. Head of Real Estate Division & Executive Director Cheung Ming Lee was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: HK$0.012 (vs HK$0.073 loss in FY 2020) Full year 2021 results: EPS: HK$0.012 (up from HK$0.073 loss in FY 2020). Revenue: HK$492.6m (up 40% from FY 2020). Net income: HK$36.5m (up HK$252.8m from FY 2020). Profit margin: 7.4% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Board Change • Feb 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. 3 experienced directors. 3 highly experienced directors. Head of Real Estate Division & Executive Director Cheung Ming Lee was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Dec 24
Chairman & CEO recently bought HK$1.2m worth of stock On the 20th of December, Tun Nei Cheng bought around 1m shares on-market at roughly HK$0.94 per share. This was the largest purchase by an insider in the last 3 months. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$8.9m worth in shares. Reported Earnings • Sep 29
First half 2021 earnings released: EPS HK$0.001 (vs HK$0.056 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$221.9m (up 82% from 1H 2020). Net income: HK$2.12m (up HK$168.3m from 1H 2020). Profit margin: 1.0% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 30
First half 2021 earnings released: EPS HK$0.001 (vs HK$0.056 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$221.9m (up 82% from 1H 2020). Net income: HK$2.12m (up HK$168.3m from 1H 2020). Profit margin: 1.0% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Announcement • Aug 21
Symphony Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021 Symphony Holdings Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group is expected to record a net profit attributable to owners of the Company of not more than HKD 2.5 million for the Period as compared to a net loss attributable to owners of the Company of approximately HKD 166.2 million for the six months ended 30 June 2020. Recent Insider Transactions • May 19
Chairman & CEO recently bought HK$2.5m worth of stock On the 17th of May, Tun Nei Cheng bought around 3m shares on-market at roughly HK$0.84 per share. This was the largest purchase by an insider in the last 3 months. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$17m worth in shares. Reported Earnings • Apr 30
Full year 2020 earnings released: HK$0.073 loss per share (vs HK$0.024 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$352.2m (down 9.5% from FY 2019). Net loss: HK$216.3m (down 402% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Announcement • Apr 27
Symphony Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2020 Symphony Holdings Limited proposed final dividend of HKD 0.005 per ordinary share for the year ended 31 December 2020 to be approved at the Annual General Meeting on 25 June 2021. The record date is 30 June 2021. Recent Insider Transactions • Apr 24
Chairman & CEO recently bought HK$2.5m worth of stock On the 16th of April, Tun Nei Cheng bought around 3m shares on-market at roughly HK$0.84 per share. This was the largest purchase by an insider in the last 3 months. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$14m worth in shares. Reported Earnings • Mar 28
Full year 2020 earnings released: HK$0.073 loss per share (vs HK$0.024 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$352.2m (down 9.5% from FY 2019). Net loss: HK$216.3m (down 402% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Announcement • Mar 16
Symphony Holdings Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 Symphony Holdings Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Is New 90 Day High Low • Feb 12
New 90-day high: HK$0.93 The company is up 2.0% from its price of HK$0.91 on 13 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 3.0% over the same period. Recent Insider Transactions • Jan 15
Chairman & CEO recently bought HK$1.7m worth of stock On the 13th of January, Tun Nei Cheng bought around 2m shares on-market at roughly HK$0.86 per share. In the last 3 months, they made an even bigger purchase worth HK$4.2m. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$16m worth in shares. Recent Insider Transactions • Dec 17
Chairman & CEO recently bought HK$1.2m worth of stock On the 14th of December, Tun Nei Cheng bought around 2m shares on-market at roughly HK$0.82 per share. In the last 3 months, they made an even bigger purchase worth HK$2.9m. Tun Nei has been a buyer over the last 12 months, purchasing a net total of HK$8.2m worth in shares. Is New 90 Day High Low • Dec 14
New 90-day low: HK$0.84 The company is down 2.0% from its price of HK$0.86 on 15 September 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 6.0% over the same period. Announcement • Dec 06
Symphony Holdings Limited and ITOCHU Corporation and its Subsidiary Entered into a Joint Venture Agreement The board of directors of Symphony Holdings Limited announced that on 30 November 2020, the Symphony Holdings Limited and ITOCHU Corporation and its subsidiary entered into a joint venture agreement, setting out the arrangements for the formation of a joint venture to operate "SKINS" brand collaboratively. "SKINS" is a brand specialised in designing and manufacturing compression sportswear for athletes and sports enthusiasts. As the pioneer of the sport compression clothing market, the function assists proprioception, reduces risk of injury, accelerates recovery processes and treats exercise-induced muscle pain. There are now over 160 types of compression products of "SKINS" selling worldwide, applicable for sports such as running, fitness, yoga and triathlon, etc. The Company is an investment holding company. Its principal activities mainly consist of sales development and management the "arena" branded products in the PRC and "PONY" and "SKINS"; management and operation of outlet malls, community malls and other properties; and provision of financial services. ITOCHU is one of the largest trading companies in Japan, has evolved and grown over 160 years. With approximately 100 bases in 62 countries, ITOCHU is engaging in domestic trading, overseas import and export trading of various products such as textile, machinery, metals, minerals, energy, chemicals, food, general products, realty, information and communications technology, and finance, as well as business investment in Japan and overseas. ITOCHU is currently ranked the 72nd in "Fortune Global 500, 2020" with annual revenue of more than USD 100 billion. The Group believes that the formation of the joint venture will create synergies for the branding business, complementing the Group's current "arena" and "PONY", and further enrich the products portfolio to cater to the increasingly mature consumer groups. On the other hand, the formation of the joint venture will facilitate the close collaboration between the Group and ITOCHU in brand development and supply chain management in the future, which will help the Group expand its multi-brand strategic goals. The Board believes that the formation of the joint venture will benefit the future business development of the Group. The Board has confirmed that the terms of the JV Agreement and the transaction contemplated thereunder is fair and reasonable, on normal commercial terms and in the interests of the Company and its shareholders as a whole. Recent Insider Transactions • Nov 01
Insider recently sold HK$28m worth of stock On the 29th of October, Lu Lambert sold around 30m shares on-market at roughly HK$0.95 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$24m more than they bought in the last 12 months. Is New 90 Day High Low • Oct 28
New 90-day high: HK$0.95 The company is up 7.0% from its price of HK$0.89 on 30 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 18% over the same period. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total losses of HK$133.6m, with earnings decreasing by HK$256.4m from the prior year. Total revenue was HK$324.5m over the last 12 months, down 15% from the prior year. Is New 90 Day High Low • Sep 23
New 90-day high: HK$0.91 The company is up 2.0% from its price of HK$0.89 on 24 June 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 12% over the same period. Announcement • Aug 22
Symphony Holdings Limited to Report First Half, 2020 Results on Aug 31, 2020 Symphony Holdings Limited announced that they will report first half, 2020 results on Aug 31, 2020 
