New Risk • May 11
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 14% 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$162.4m market cap, or US$20.7m). Reported Earnings • Apr 28
Full year 2025 earnings released: HK$0.043 loss per share (vs HK$0.16 loss in FY 2024) Full year 2025 results: HK$0.043 loss per share (improved from HK$0.16 loss in FY 2024). Revenue: HK$82.5m (down 31% from FY 2024). Net loss: HK$34.5m (loss narrowed 73% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Mar 27
Full year 2025 earnings released: HK$0.043 loss per share (vs HK$0.16 loss in FY 2024) Full year 2025 results: HK$0.043 loss per share (improved from HK$0.16 loss in FY 2024). Revenue: HK$82.5m (down 31% from FY 2024). Net loss: HK$34.5m (loss narrowed 73% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Mar 27
Brainhole Technology Limited, Annual General Meeting, May 21, 2026 Brainhole Technology Limited, Annual General Meeting, May 21, 2026. Announcement • Mar 16
Brainhole Technology Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Brainhole Technology Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on Mar 26, 2026 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 13% 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$199.2m market cap, or US$25.6m). Reported Earnings • Aug 29
First half 2025 earnings released: HK$0.022 loss per share (vs HK$0.001 profit in 1H 2024) First half 2025 results: HK$0.022 loss per share (down from HK$0.001 profit in 1H 2024). Revenue: HK$52.2m (down 37% from 1H 2024). Net loss: HK$17.2m (down HK$17.9m from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Aug 15
Brainhole Technology Limited to Report First Half, 2025 Results on Aug 27, 2025 Brainhole Technology Limited announced that they will report first half, 2025 results on Aug 27, 2025 Reported Earnings • Apr 02
Full year 2024 earnings released: HK$0.16 loss per share (vs HK$0.043 loss in FY 2023) Full year 2024 results: HK$0.16 loss per share (further deteriorated from HK$0.043 loss in FY 2023). Revenue: HK$120.0m (down 46% from FY 2023). Net loss: HK$127.9m (loss widened 275% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Apr 01
Brainhole Technology Limited, Annual General Meeting, May 21, 2025 Brainhole Technology Limited, Annual General Meeting, May 21, 2025. Announcement • Mar 20
Brainhole Technology Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Brainhole Technology Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Feb 19
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 18% 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 (18% average weekly change). Earnings have declined by 0.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$252.0m market cap, or US$32.4m). Reported Earnings • Sep 30
First half 2024 earnings released: EPS: HK$0.001 (vs HK$0.023 loss in 1H 2023) First half 2024 results: EPS: HK$0.001 (up from HK$0.023 loss in 1H 2023). Revenue: HK$83.1m (down 38% from 1H 2023). Net income: HK$652.0k (up HK$19.1m from 1H 2023). Profit margin: 0.8% (up from net loss in 1H 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 23
First half 2024 earnings released: EPS: HK$0.001 (vs HK$0.023 loss in 1H 2023) First half 2024 results: EPS: HK$0.001 (up from HK$0.023 loss in 1H 2023). Revenue: HK$83.1m (down 38% from 1H 2023). Net income: HK$652.0k (up HK$19.1m from 1H 2023). Profit margin: 0.8% (up from net loss in 1H 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Aug 09
Brainhole Technology Limited to Report First Half, 2024 Results on Aug 21, 2024 Brainhole Technology Limited announced that they will report first half, 2024 results on Aug 21, 2024 New Risk • Jul 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$76.0m (US$9.73m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (HK$76.0m market cap, or US$9.73m). New Risk • Apr 20
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 Risks Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (HK$40.0m market cap, or US$5.11m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Mar 29
Full year 2023 earnings released: HK$0.043 loss per share (vs HK$0.072 loss in FY 2022) Full year 2023 results: HK$0.043 loss per share (improved from HK$0.072 loss in FY 2022). Revenue: HK$220.8m (down 16% from FY 2022). Net loss: HK$34.1m (loss narrowed 41% from FY 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Announcement • Mar 28
Brainhole Technology Limited, Annual General Meeting, May 22, 2024 Brainhole Technology Limited, Annual General Meeting, May 22, 2024. Announcement • Mar 16
Brainhole Technology Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Brainhole Technology Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 New Risk • Dec 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.6m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$92m free cash flow). Earnings have declined by 40% per year over the past 5 years. Market cap is less than US$10m (HK$77.6m market cap, or US$9.94m). Reported Earnings • Sep 04
First half 2023 earnings released: HK$0.023 loss per share (vs HK$0.01 loss in 1H 2022) First half 2023 results: HK$0.023 loss per share (further deteriorated from HK$0.01 loss in 1H 2022). Revenue: HK$132.9m (down 17% from 1H 2022). Net loss: HK$18.4m (loss widened 136% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Sep 01
Brainhole Technology Limited Announces Change of Company Secretary And authorised Representative Brainhole Technology Limited announced the resignation of Mr. Kwong Lun Kei Victor ("Mr. Kwong") as the company secretary of the Company (the "Company Secretary") and the authorised representative of the Company (the "Authorised Representative") under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) with effect from 1 September 2023. Mr. Kwong confirmed to the Board that he has no disagreement with the Company or any of its subsidiaries and there are no matters relating to his resignation that need to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board further announces that Ms. Wong Tik ("Ms. Wong") will be appointed as the Company Secretary and the Authorised Representative with effect from 1 September 2023 to fill the vacancy left after the resignation of Mr. Kwong. Ms. Wong is a certified public accountant and an associate member of the Hong Kong Institute of Certified Public Accountants. Ms. Wong is also the head of Listed Company Secretary Service division of GIL (HK) Limited, a professional corporate services provider which has been engaged by the Company for company secretarial services. She has over 25 years of experience in the field of accounting and has worked in a number of listed companies in Hong Kong. Ms. Wong obtained the Honours Diploma in Accounting from Hong Kong Shue Yan College in 1995. Announcement • Aug 22
Brainhole Technology Limited to Report First Half, 2023 Results on Aug 30, 2023 Brainhole Technology Limited announced that they will report first half, 2023 results on Aug 30, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Mason Xu was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
First half 2022 earnings released: HK$0.01 loss per share (vs HK$0.024 loss in 1H 2021) First half 2022 results: HK$0.01 loss per share (up from HK$0.024 loss in 1H 2021). Revenue: HK$160.8m (up 3.2% from 1H 2021). Net loss: HK$7.80m (loss narrowed 60% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year. Announcement • Aug 17
Brainhole Technology Limited to Report First Half, 2022 Results on Aug 31, 2022 Brainhole Technology Limited announced that they will report first half, 2022 results on Aug 31, 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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Mason Xu was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 03
Full year 2021 earnings released: HK$0.064 loss per share (vs HK$0.073 loss in FY 2020) Full year 2021 results: HK$0.064 loss per share (up from HK$0.073 loss in FY 2020). Revenue: HK$321.6m (up 23% from FY 2020). Net loss: HK$51.6m (loss narrowed 12% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 18 percentage points per year, which is a significant difference in performance. Announcement • Apr 02
Brainhole Technology Limited, Annual General Meeting, Jun 10, 2022 Brainhole Technology Limited, Annual General Meeting, Jun 10, 2022. Board Change • Dec 06
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. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Mason Xu was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 05
First half 2021 earnings released: HK$0.024 loss per share (vs HK$0.027 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: HK$155.9m (up 40% from 1H 2020). Net loss: HK$19.4m (loss narrowed 9.9% from 1H 2020). Board Change • Jul 31
High number of new directors Executive Chairman Johnson Zhang was the last director to join the board, commencing their role in 2019. Reported Earnings • Apr 01
Full year 2020 earnings released: HK$0.073 loss per share (vs HK$0.062 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: HK$261.8m (down 25% from FY 2019). Net loss: HK$58.8m (loss widened 18% from FY 2019). 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. Announcement • Mar 21
Brainhole Technology Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2020 Brainhole Technology Limited provided consolidated earnings guidance for the year ended 31 December 2020. The group is expected to record a net loss ranging from approximately HKD 55 million to HKD 65 million as compared to the net loss of approximately HKD 49.9 million for the year ended 31 December 2019. Announcement • Mar 19
Brainhole Technology Limited to Report Fiscal Year 2020 Results on Mar 31, 2021 Brainhole Technology Limited announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Feb 18
New 90-day high: HK$0.33 The company is up 20% from its price of HK$0.27 on 20 November 2020. The Hong Kong market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 61% over the same period. Executive Departure • Feb 02
CEO & Executive Director Wen-Hsin Tong has left the company On the 1st of February, Wen-Hsin Tong's tenure as CEO & Executive Director of the company ended after 1.4 years in the role. We don't have any record of a personal shareholding under Wen-Hsin's name. A total of 2 executives have left over the last 12 months. Under Wen-Hsin's leadership, the company delivered a total shareholder return of -46%. Announcement • Jan 28
Brainhole Technology Limited Announces Resignation of Tong Wen-Hsin as Executive Director, Member Of the Remuneration Committee and Nomination Committee The board (the "Board") of directors of Brainhole Technology Limited (the "Company") announced that Mr. Tong Wen-hsin ("Mr. Tong") will resign from his position as an executive Director, a member of each of the remuneration committee and nomination committee and the authorised representative of the Company (the " Authorised Representative") pursuant to Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 1 February 2021 so as to allow him to devote more time to pursue other career opportunities. The Board further announced that Ms. Wan Duo, an executive Director, will be appointed as the Authorised Representative with effect from 1 February 2021. Is New 90 Day High Low • Jan 07
New 90-day low: HK$0.25 The company is down 17% from its price of HK$0.29 on 09 October 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 27% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: HK$0.27 The company is down 11% from its price of HK$0.30 on 31 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 3.0% over the same period. Announcement • Aug 15
Brainhole Technology Limited to Report First Half, 2020 Results on Aug 28, 2020 Brainhole Technology Limited announced that they will report first half, 2020 results on Aug 28, 2020