New Risk • Jun 17
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 Less than 1 year of cash runway based on free cash flow trend (-CN¥13m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Market cap is less than US$10m (HK$39.5m market cap, or US$5.04m). Reported Earnings • Mar 26
Full year 2025 earnings released: CN¥0.009 loss per share (vs CN¥0.009 loss in FY 2024) Full year 2025 results: CN¥0.009 loss per share (in line with FY 2024). Revenue: CN¥41.9m (down 29% from FY 2024). Net loss: CN¥12.1m (loss widened 3.7% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Mar 26
Sing Lee Software (Group) Limited, Annual General Meeting, Jun 03, 2026 Sing Lee Software (Group) Limited, Annual General Meeting, Jun 03, 2026. Announcement • Mar 12
Sing Lee Software (Group) Limited to Report Fiscal Year 2025 Results on Mar 25, 2026 Sing Lee Software (Group) Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on Mar 25, 2026 Reported Earnings • Oct 01
First half 2025 earnings released: CN¥0.006 loss per share (vs CN¥0.008 loss in 1H 2024) First half 2025 results: CN¥0.006 loss per share (improved from CN¥0.008 loss in 1H 2024). Revenue: CN¥18.2m (down 27% from 1H 2024). Net loss: CN¥7.66m (loss narrowed 27% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 19
First half 2025 earnings released: CN¥0.006 loss per share (vs CN¥0.008 loss in 1H 2024) First half 2025 results: CN¥0.006 loss per share (improved from CN¥0.008 loss in 1H 2024). Revenue: CN¥18.2m (down 27% from 1H 2024). Net loss: CN¥7.66m (loss narrowed 27% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Aug 01
Sing Lee Software (Group) Limited to Report First Half, 2025 Results on Aug 11, 2025 Sing Lee Software (Group) Limited announced that they will report first half, 2025 results on Aug 11, 2025 Reported Earnings • Mar 30
Full year 2024 earnings released: CN¥0.009 loss per share (vs CN¥0.006 loss in FY 2023) Full year 2024 results: CN¥0.009 loss per share (further deteriorated from CN¥0.006 loss in FY 2023). Revenue: CN¥58.8m (down 16% from FY 2023). Net loss: CN¥11.6m (loss widened 41% from FY 2023). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Mar 27
Sing Lee Software (Group) Limited, Annual General Meeting, Jun 03, 2025 Sing Lee Software (Group) Limited, Annual General Meeting, Jun 03, 2025. Announcement • Mar 06
Sing Lee Software (Group) Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Sing Lee Software (Group) Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Reported Earnings • Oct 02
First half 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.013 loss in 1H 2023) First half 2024 results: CN¥0.008 loss per share (improved from CN¥0.013 loss in 1H 2023). Revenue: CN¥25.0m (up 8.5% from 1H 2023). Net loss: CN¥10.4m (loss narrowed 37% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. New Risk • Sep 05
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 13% 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 (13% average weekly change). Earnings have declined by 34% per year over the past 5 years. Market cap is less than US$10m (HK$21.1m market cap, or US$2.70m). Reported Earnings • Aug 11
First half 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.013 loss in 1H 2023) First half 2024 results: CN¥0.008 loss per share (improved from CN¥0.013 loss in 1H 2023). Revenue: CN¥25.0m (up 8.5% from 1H 2023). Net loss: CN¥10.4m (loss narrowed 37% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Announcement • Jul 29
Sing Lee Software (Group) Limited to Report First Half, 2024 Results on Aug 09, 2024 Sing Lee Software (Group) Limited announced that they will report first half, 2024 results on Aug 09, 2024 Announcement • Mar 28
Sing Lee Software (Group) Limited Announces Appointment of Chen Xinai as an Independent Non-Executive Director, Member of the Audit and Risk Management, Remuneration Committee and Member of the Nomination Committee The Board of Sing Lee Software (Group) Limited announced that, with effect from 28 March 2024, Ms. Chen Xinai has been appointed as an independent non-executive Director. Ms. Chen Xinai, aged 51, is an associate researcher and a master's supervisor. She has more than 10 years of experience in the mining and functional research of functional genes in plants and microorganisms (fungi), the development of bioactive secondary metabolites and molecular biology research of biosynthetic regulation. She obtained a professional degree in tea science from Zhejiang Agricultural University in 1996 and a master's degree in food science from Zhejiang University in 1999. Ms. Chen obtained a doctorate degree in biochemical engineering from Zhejiang University in 2003. From 2002 to 2006, she worked as an assistant researcher in the School of Life Sciences, Zhejiang University, and then served as a postdoctoral fellow at the University of Tokyo in Japan from 2006 to 2008. She then worked as an assistant researcher in the College of Life Sciences, Zhejiang University from 2008 to 2010, and then as an associate researcher in the College of Life Sciences, Zhejiang University from 2011 to 2017. In 2017, she was an associate researcher at Zhejiang University School of Medicine. Ms. Chen graduated from Zhejiang University with a doctorate degree in engineering in biochemical engineering in March 2003. Ms. Chen has been appointed as the member of the audit and risk management, remuneration committee and a member of the nomination committee of the Board with effect from 28 March 2024. Announcement • Mar 27
Sing Lee Software (Group) Limited, Annual General Meeting, Jun 03, 2024 Sing Lee Software (Group) Limited, Annual General Meeting, Jun 03, 2024. Reported Earnings • Mar 27
Full year 2023 earnings released: CN¥0.006 loss per share (vs CN¥0.014 loss in FY 2022) Full year 2023 results: CN¥0.006 loss per share (improved from CN¥0.014 loss in FY 2022). Revenue: CN¥70.4m (down 17% from FY 2022). Net loss: CN¥8.26m (loss narrowed 55% from FY 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Announcement • Mar 16
Sing Lee Software (Group) Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 Sing Lee Software (Group) Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 Announcement • Jan 01
Sing Lee Software (Group) Limited Announces Resignation of Mr. Lo King Man as an Independent Non-Executive Director, A Member of the Audit and Risk Management Committee, A Member of the Remuneration Committee and A Member of the Nomination Committee Sing Lee Software (Group) Limited announced that Mr. Lo King Man has resigned as an independent non-executive Director with effect from 31 December 2023 in order to devote more time to his other business commitment. Mr. Lo confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited . Mr. Lo King Man has resigned as an independent non-executive Director, a member of the audit and risk management committee, a member of the remuneration committee and a member of the nomination committee with effect from 31 December 2023. CHANGE IN COMPOSITION OF BOARD COMMITTEES Following the resignation of Mr. Lo, he will cease to be a member of the audit and risk management committee, the nomination committee and the remuneration committee of the Board with effect from 31 December 2023. Following the resignation of Mr. Lo with effect from 31 December 2023, (i) the Board would thereafter comprise only two independent non-executive Directors; (ii) the Board would thereafter comprise less than one-third of the members are independent non-executive directors; and (iii) the Audit and Risk Management Committee would thereafter comprise only two members, no independent non-executive Director has been newly appointed to fill up the aforesaid vacancies by 31 December 2023. Under such circumstances, the then number of the independent non-executive Directors in the Board and the number of the members in the audit and risk management committee would fall below the minimum number requirements as respectively set out in Rules 5.05(1), 5.05A and 5.28 of the Rules Governing the Listing of Securities on GEM of the Stock Exchange . Announcement • Oct 27
Sing Lee Software (Group) Limited to Report Q3, 2023 Results on Nov 10, 2023 Sing Lee Software (Group) Limited announced that they will report Q3, 2023 results on Nov 10, 2023 Reported Earnings • Aug 13
Second quarter 2023 earnings released: CN¥0.005 loss per share (vs CN¥0.007 loss in 2Q 2022) Second quarter 2023 results: CN¥0.005 loss per share (improved from CN¥0.007 loss in 2Q 2022). Revenue: CN¥13.3m (down 5.4% from 2Q 2022). Net loss: CN¥6.86m (loss narrowed 24% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Announcement • Jul 29
Sing Lee Software (Group) Limited to Report First Half, 2023 Results on Aug 11, 2023 Sing Lee Software (Group) Limited announced that they will report first half, 2023 results on Aug 11, 2023 Reported Earnings • May 14
First quarter 2023 earnings released: CN¥0.007 loss per share (vs CN¥0.016 loss in 1Q 2022) First quarter 2023 results: CN¥0.007 loss per share (improved from CN¥0.016 loss in 1Q 2022). Revenue: CN¥9.72m (up 81% from 1Q 2022). Net loss: CN¥9.66m (loss narrowed 54% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Board Change • Apr 14
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Tsang Mo Chan was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Mar 24
Full year 2022 earnings released: CN¥0.014 loss per share (vs CN¥0.01 loss in FY 2021) Full year 2022 results: CN¥0.014 loss per share (further deteriorated from CN¥0.01 loss in FY 2021). Revenue: CN¥84.9m (down 10.0% from FY 2021). Net loss: CN¥18.4m (loss widened 34% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 19 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director King Man Lo was the last independent director to join the board, commencing their role in 2005. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 05
Sing Lee Software (Group) Limited Provides Earnings Guidance for the Nine Months Ended September 30, 2022 Sing Lee Software (Group) Limited provided earnings guidance for the nine months ended September 30, 2022. For the period, the Group is expected to record a net loss of approximately RMB 35,263,000 for the nine months ended 30 September 2022 as compared to a net loss of approximately RMB 20,921,000 compared to a year ago, representing an approximately 69% increase. Board Change • Nov 03
Less than half of directors are independent Following Compliance Officer & Chairman of the Board Xue Xin Lin's arrival on 01 November 2022, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Director King Man Lo was the last independent director to join the board, commencing their role in 2005. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 02
Sing Lee Software (Group) Limited Announces Executive Changes The board of directors of Sing Lee Software (Group) Limited announced that: (i) Mr. Hung Yung Lai has resigned as an executive Director and the chairman of the Board with effect from 1 November 2022; (ii) Mr. Hung will cease to be the chairman of nomination committee of the Board and a member of remuneration committee of the Board with effect from 1 November 2022; (iii) Mr. Lin Xue Xin (an executive Director and chief executive officer of the Company (the "Chief Executive Officer") immediately prior to the re-designation) has been appointed as the chairman of the Board in place of Mr. Hung with effect from 1 November 2022. Mr. Lin will cease to act as the Chief Executive Officer with effect from 1 November 2022; (iv) Mr. Lin has been appointed as the chairman of nomination committee of the Board and a member of remuneration committee of the Board in place of Mr. Hung. RESIGNATION OF CHAIRMAN AND EXECUTIVE DIRECTOR: The Board wishes to announce that Mr. Hung has resigned as an executive Director and the chairman of the Board with effect from 1 November 2022 in order to devote more time to his other business commitment. REDESIGNATION OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER: Following the resignation of Mr. Hung, Mr. Lin has been appointed as the chairman of the Board with effect from 1 November 2022. Mr. Lin will cease to act as the Chief Executive Officer with effect from 1 November 2022 Mr. Lin Xue Xin, aged 46, was an executive Director and Chief Executive Officer immediately prior to the re-designation. Mr. Lin has 20 years of experience in the field of computer technology. He obtained his bachelor degree of Computer Science and Technology from People's Liberation Army Polytechnic University in 2009. Mr. Lin joined the Company since 2000 and was appointed as the general manager of Hangzhou Singlee Technology Co., Ltd, a subsidiary of the Company, in May 2011. Between 2010 and 2012, Mr. Lin was also employed as a technology expert in UnionPay. In June 2022, Mr. Lin was admitted to Zhejiang University as an MBA student of the School of Management. CHANGE IN COMPOSITION OF BOARD COMMITTEES: Following the resignation of Mr. Hung, he will cease to be the chairman of nomination committee of the Board and a member of remuneration committee of the Board. Subsequent to the appointment of Mr. Lin as the chairman of the Board, Mr. Lin has been appointed as the chairman of nomination committee of the Board and a member of remuneration committee of the Board. Announcement • Oct 30
Sing Lee Software (Group) Limited to Report Q3, 2022 Results on Nov 10, 2022 Sing Lee Software (Group) Limited announced that they will report Q3, 2022 results on Nov 10, 2022 Announcement • Aug 18
Lin Xue Xin completed the acquisition of 9% stake in Sing Lee Software (Group) Limited (SEHK:8076) from Goldcorp Industrial Limited for HKD 3 million. Lin Xue Xin entered into sale and purchase agreement to acquire 8.37% stake in Sing Lee Software (Group) Limited (SEHK:8076) from Goldcorp Industrial Limited for HKD 2.8 million on July 6, 2022. As per the transaction, Lin Xue Xin will pay HKD 0.025 per share. In related transactions, Goldcorp Industrial Limited entered into sale and purchase agreements with Li Dong, Zang Jingjing and Yin Ming to sell 4.94%, 5% and 4.11% stake in Sing Lee Software (Group) Limited.
Lin Xue Xin completed the acquisition of 9% stake in Sing Lee Software (Group) Limited (SEHK:8076) from Goldcorp Industrial Limited for HKD 3 million on August 16, 2022. As part of the transaction, Lin Xue Xin acquired 118,560,000 shares. Reported Earnings • Aug 12
Second quarter 2022 earnings released: CN¥0.007 loss per share (vs CN¥0.004 loss in 2Q 2021) Second quarter 2022 results: CN¥0.007 loss per share (down from CN¥0.004 loss in 2Q 2021). Revenue: CN¥14.1m (down 28% from 2Q 2021). Net loss: CN¥9.07m (loss widened 86% from 2Q 2021). 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 • Aug 05
Sing Lee Software (Group) Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2022 Sing Lee Software (Group) Limited provided group earnings guidance for the six months ended 30 June 2022. After preliminary review by the Company's management based on the management accounts of the Company, the Directors of the Company wishes to inform the shareholders of the Company and the potential investors that the Group is expected to record a net loss for the six months ended 30 June 2022, as compared with the net loss of approximately RMB 13,846,000 reported in the previous financial period, will increase significantly by more than 117%. The significant increase in loss was mainly attributable to (i) decreased in revenue, (ii) increase in staff costs and (iii) the gain on disposal of a subsidiary during the six months ended 30 June 2021 which was absent during the six months ended 30 June 2022. Despite the unaudited results of the Group for the six months ended 30 June 2022 is expected to record a loss, the Board considers that the Group's overall financial positions are healthy and the Board remains positive on the prospects of the Group. The Board would like to emphasize that the Group's financial positions remain stable and has sufficient cash resources to meet its present and future cash flow requirements. The Board will constantly keep reviewing the Group's strategies and operations with a view to improve its business performance and Company's shareholders' return. Announcement • Jul 28
Sing Lee Software (Group) Limited to Report First Half, 2022 Results on Aug 10, 2022 Sing Lee Software (Group) Limited announced that they will report first half, 2022 results on Aug 10, 2022 Reported Earnings • May 12
First quarter 2022 earnings released: CN¥0.016 loss per share (vs CN¥0.01 loss in 1Q 2021) First quarter 2022 results: CN¥0.016 loss per share (down from CN¥0.01 loss in 1Q 2021). Revenue: CN¥5.36m (down 54% from 1Q 2021). Net loss: CN¥21.1m (loss widened 58% from 1Q 2021). 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. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non Executive Director King Man Lo was the last independent director to join the board, commencing their role in 2005. 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 • Aug 11
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥19.4m (down 28% from 2Q 2020). Net loss: CN¥4.88m (down 181% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jul 03
Co-Founder recently sold HK$200k worth of stock On the 30th of June, Yung Lai Hung sold around 2m shares on-market at roughly HK$0.10 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Yung Lai has been a buyer over the last 12 months, purchasing a net total of HK$445k worth of shares. Recent Insider Transactions • Jun 11
Co-Founder recently bought HK$59k worth of stock On the 8th of June, Yung Lai Hung bought around 650k shares on-market at roughly HK$0.091 per share. This was the largest purchase by an insider in the last 3 months. Yung Lai has been a buyer over the last 12 months, purchasing a net total of HK$278k worth in shares. Reported Earnings • May 12
First quarter 2021 earnings released: CN¥0.014 loss per share (vs CN¥0.018 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥13.6m (up 307% from 1Q 2020). Net loss: CN¥18.5m (loss narrowed 21% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Apr 08
Co-Founder recently bought HK$57k worth of stock On the 1st of April, Yung Lai Hung bought around 735k shares on-market at roughly HK$0.077 per share. This was the largest purchase by an insider in the last 3 months. This was Yung Lai's only on-market trade for the last 12 months. Reported Earnings • Mar 25
Full year 2020 earnings released: CN¥0.024 loss per share (vs CN¥0.021 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: CN¥85.5m (down 34% from FY 2019). Net loss: CN¥31.2m (down 225% from profit in FY 2019). 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 31% per year, which means it has not declined as severely as earnings. Announcement • Mar 13
Sing Lee Software (Group) Limited to Report Fiscal Year 2020 Results on Mar 24, 2021 Sing Lee Software (Group) Limited announced that they will report fiscal year 2020 results on Mar 24, 2021 Announcement • Jul 31
Sing Lee Software (Group) Limited to Report First Half, 2020 Results on Aug 11, 2020 Sing Lee Software (Group) Limited announced that they will report first half, 2020 results on Aug 11, 2020