New Risk • Apr 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 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. This is currently the only risk that has been identified for the company. New Risk • Nov 27
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. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 24
First half 2026 earnings released: HK$0.012 loss per share (vs HK$0.022 loss in 1H 2025) First half 2026 results: HK$0.012 loss per share (improved from HK$0.022 loss in 1H 2025). Revenue: HK$77.6m (down 52% from 1H 2025). Net loss: HK$87.7m (loss narrowed 45% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Announcement • Nov 10
Productive Technologies Company Limited to Report First Half, 2026 Results on Nov 21, 2025 Productive Technologies Company Limited announced that they will report first half, 2026 results on Nov 21, 2025 Announcement • Sep 03
Productive Technologies Company Limited, Annual General Meeting, Sep 25, 2025 Productive Technologies Company Limited, Annual General Meeting, Sep 25, 2025, at 15:00 China Standard Time. Location: conference room, 31/f, tower two, times square, 1 matheson street, causeway bay, Hong Kong Reported Earnings • Aug 01
Full year 2025 earnings released: HK$0.041 loss per share (vs HK$0.047 loss in FY 2024) Full year 2025 results: HK$0.041 loss per share (improved from HK$0.047 loss in FY 2024). Revenue: HK$278.8m (down 49% from FY 2024). Net loss: HK$303.8m (loss narrowed 13% from FY 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Announcement • Jun 30
Productive Technologies Company Limited Announces Appointment of Lin Yukai as Non-Executive Director, Effective 27 June 2025 The Board of Directors of Productive Technologies Company Limited announced that Mr. Lin Yukai (``Mr. Lin'') has been appointed as a non-executive Director with effect from 27 June 2025. Mr. Lin, aged 39, currently the deputy spokesperson and investment manager at Foxconn Technology Co. Ltd. (``FTC'', a company whose shares are listed on the Taiwan Stock Exchange under the stock code of 2354), is serving as the official voice of the organization, effectively communicating corporate developments and financial performance to investors, media, and the public, as well as spearheading major investment projects, overseeing due diligence, financial modeling, and strategic planning. Prior to joining FTC, he worked as head of equity investment and senior manager at Shin Kong Bank from 2018 to 2022, economist, FX sales dealer and assistant vice president at Standard Chartered Bank from 2016 to 2018, and fixed income and equity trader, assistant vice president (management associate) at KGI Bank from 2012 to 2016. Mr. Lin obtained a bachelor's degree in science majoring in international business and minoring in diplomacy and philosophy at National Chengchi University, a master's degree in applied economics majoring in finance at Tsinghua University and a master's degree in laws majoring in financial law and securities exchange act at National Chengchi University. Reported Earnings • Jun 28
Full year 2025 earnings released: HK$0.041 loss per share (vs HK$0.047 loss in FY 2024) Full year 2025 results: HK$0.041 loss per share (improved from HK$0.047 loss in FY 2024). Revenue: HK$278.8m (down 49% from FY 2024). Net loss: HK$303.8m (loss narrowed 13% from FY 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Announcement • Jun 17
Productive Technologies Company Limited to Report Fiscal Year 2025 Results on Jun 27, 2025 Productive Technologies Company Limited announced that they will report fiscal year 2025 results on Jun 27, 2025 Reported Earnings • Nov 26
First half 2025 earnings released: HK$0.022 loss per share (vs HK$0.019 loss in 1H 2024) First half 2025 results: HK$0.022 loss per share (further deteriorated from HK$0.019 loss in 1H 2024). Revenue: HK$162.0m (down 52% from 1H 2024). Net loss: HK$160.7m (loss widened 13% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Announcement • Nov 14
Productive Technologies Company Limited to Report First Half, 2025 Results on Nov 22, 2024 Productive Technologies Company Limited announced that they will report first half, 2025 results on Nov 22, 2024 New Risk • Oct 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% 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 18% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Reported Earnings • Aug 03
Full year 2024 earnings released: HK$0.047 loss per share (vs HK$0.029 loss in FY 2023) Full year 2024 results: HK$0.047 loss per share (further deteriorated from HK$0.029 loss in FY 2023). Revenue: HK$543.6m (down 4.2% from FY 2023). Net loss: HK$347.5m (loss widened 56% from FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Announcement • Jul 30
Productive Technologies Company Limited, Annual General Meeting, Aug 30, 2024 Productive Technologies Company Limited, Annual General Meeting, Aug 30, 2024, at 15:00 China Standard Time. Location: the conference room, 31/f., tower two, times square, 1 matheson street, causeway bay, Hong Kong Reported Earnings • Jun 30
Full year 2024 earnings released: HK$0.047 loss per share (vs HK$0.029 loss in FY 2023) Full year 2024 results: HK$0.047 loss per share (further deteriorated from HK$0.029 loss in FY 2023). Revenue: HK$543.6m (down 4.2% from FY 2023). Net loss: HK$347.5m (loss widened 56% from FY 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Announcement • Jun 15
Productive Technologies Company Limited to Report Fiscal Year 2024 Final Results on Jun 28, 2024 Productive Technologies Company Limited announced that they will report fiscal year 2024 final results on Jun 28, 2024 Reported Earnings • Nov 28
First half 2024 earnings released: HK$0.019 loss per share (vs HK$0.006 loss in 1H 2023) First half 2024 results: HK$0.019 loss per share (further deteriorated from HK$0.006 loss in 1H 2023). Revenue: HK$336.3m (down 22% from 1H 2023). Net loss: HK$141.7m (loss widened 230% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Nov 14
Productive Technologies Company Limited to Report Q2, 2024 Results on Nov 24, 2023 Productive Technologies Company Limited announced that they will report Q2, 2024 results on Nov 24, 2023 Announcement • Jul 28
Productive Technologies Company Limited, Annual General Meeting, Aug 25, 2023 Productive Technologies Company Limited, Annual General Meeting, Aug 25, 2023, at 14:00 China Standard Time. Location: Units 59065912, 59th Floor The Center, 99 Queen's Road Central Central Hong Kong Agenda: To receive and consider the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and auditors for the year ended 31 March 2023; to re-elect Mr. Cao Xiaohui as a non-executive Director; to re-elect Ms. Ge Aiji as an independent non-executive Director; to re-elect Mr. Chau Shing Yim David as an independent non-executive Director; to re-elect Mr. Wang Guoping as an independent non-executive Director; to re-appoint KPMG as the auditors of the Company and to authorise the Board to fix their remuneration; and to consider other matters. Reported Earnings • Jun 30
Full year 2023 earnings released: HK$0.029 loss per share (vs HK$0.067 loss in FY 2022) Full year 2023 results: HK$0.029 loss per share (improved from HK$0.067 loss in FY 2022). Revenue: HK$567.5m (up 310% from FY 2022). Net loss: HK$222.5m (loss narrowed 52% from FY 2022). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. New Risk • Jun 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. 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 51% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Announcement • Jun 13
Productive Technologies Company Limited to Report Fiscal Year 2023 Final Results on Jun 29, 2023 Productive Technologies Company Limited announced that they will report fiscal year 2023 final results on Jun 29, 2023 Announcement • May 30
Productive Technologies Company Limited Provides Updates on Development of Equipment for Semiconductor and Solar Power The Board of Productive Technologies Company Limited announced that since the publication of the Announcement, the Company has received purchase orders and evaluation agreements from diverse customers for 40 sets of wet processing equipment applied to solar cell manufacturing (the 'Products'), 23 sets of which were developed based on the advanced Double-deck Inline Platform (NIAK4). The revenue from these purchase orders and evaluation agreements has not been recognised yet. To the best of the Directors' knowledge, information, and belief, having made all reasonable inquiries, the customers and their ultimate beneficial owners are third parties independent of the Company and its connected persons as of the date of this announcement. The Double-deck Inline Platform is iteratively developed and upgraded from RENA modularized NIAK platform. It is compatible with the conventional acidic cleaning process, and other processing technologies including low-temperature acid etching and high-temperature alkaline polishing processing which are based on the authorized single-side wafer etching process patent. The Double- deck Inline Platform can break through the production capacity bottleneck of inline cleaning equipment, achieving a production capacity of 1 gigawatt (GW) per unit, which is expected to reduce the customer's capital expenditure by about 25%. The Products are wet processing equipment applied to solar cells manufacturing and designed for applications in wafer surface texturing process that reduces reflection losses of the incident light. Reported Earnings • Nov 28
First half 2023 earnings released: HK$0.006 loss per share (vs HK$0.037 loss in 1H 2022) First half 2023 results: HK$0.006 loss per share (improved from HK$0.037 loss in 1H 2022). Revenue: HK$432.7m (up HK$367.5m from 1H 2022). Net loss: HK$43.0m (loss narrowed 83% from 1H 2022). 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 8% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Aiji Ge was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Aug 26
Executive Chairman & CEO recently bought HK$14m worth of stock On the 22nd of August, Erzhuang Liu bought around 13m shares on-market at roughly HK$1.06 per share. This was the largest purchase by an insider in the last 3 months. This was Erzhuang's only on-market trade for the last 12 months. Board Change • Aug 24
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Aiji Ge was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jul 01
Full year 2022 earnings released Full year 2022 results: Revenue: HK$138.3m (down 92% from FY 2021). Net loss: HK$460.7m (loss widened 19% from FY 2021). Oil reserves and sales price Proven reserves: 6.14 MMbbls Average sales price/bbl (hedged): US$605 Combined production Oil equivalent production: 0.285 MMboe (0.314 MMboe in FY 2021) Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Aiji Ge was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 28
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: HK$0.037 loss per share (down from HK$0.004 loss in 1H 2021). Revenue: HK$65.2m (down 81% from 1H 2021). Net loss: HK$256.7m (loss widened HK$231.1m from 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 102 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 22
Full year 2021 earnings released: HK$0.058 loss per share (vs HK$0.042 loss in FY 2020) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: HK$1.76b (up HK$1.52b from FY 2020). Net loss: HK$386.7m (loss widened 40% from FY 2020). Oil reserves and sales price Proven reserves: 6.99 MMbbls Average sales price/bbl (hedged): US$352 Combined production Oil equivalent production: 0.314 MMboe (0.406 MMboe in FY 2020) Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 26
Full year 2021 earnings released: HK$0.058 loss per share (vs HK$0.042 loss in FY 2020) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: HK$1.76b (up HK$1.52b from FY 2020). Net loss: HK$386.7m (loss widened 40% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 31
New 90-day high: HK$1.00 The company is up 39% from its price of HK$0.72 on 30 September 2020. The Hong Kong market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 7.0% over the same period. Reported Earnings • Dec 13
First half 2021 earnings released: HK$0.004 loss per share The company reported a decent first half result with improved revenues, although earnings and control over expenses were weaker. First half 2021 results: Revenue: HK$334.9m (up 289% from 1H 2020). Net loss: HK$25.6m (down HK$30.0m from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 08
New 90-day low: HK$0.60 The company is down 17% from its price of HK$0.72 on 09 September 2020. The Hong Kong market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 1.0% over the same period. Reported Earnings • Nov 29
First half 2021 earnings released: HK$0.004 loss per share The company reported a decent first half result with improved revenues, although earnings and control over expenses were weaker. First half 2021 results: Revenue: HK$334.9m (up 289% from 1H 2020). Net loss: HK$25.6m (down HK$30.0m from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 09
New 90-day low: HK$0.63 The company is down 9.0% from its price of HK$0.69 on 10 July 2020. The Hong Kong market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Oil and Gas industry, which is down 12% over the same period.