New Risk • Jun 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$70.8m (US$9.04m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 01
Full year 2025 earnings released: EPS: HK$0.002 (vs HK$0.003 loss in FY 2024) Full year 2025 results: EPS: HK$0.002 (up from HK$0.003 loss in FY 2024). Revenue: HK$393.1m (up 17% from FY 2024). Net income: HK$2.51m (up HK$7.21m from FY 2024). Profit margin: 0.6% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Announcement • Mar 31
Kinetix Systems Holdings Limited, Annual General Meeting, Jun 12, 2026 Kinetix Systems Holdings Limited, Annual General Meeting, Jun 12, 2026. New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (HK$105.5m market cap, or US$13.5m). Announcement • Mar 16
Kinetix Systems Holdings Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Kinetix Systems Holdings Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% 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 (9.7% average weekly change). Market cap is less than US$100m (HK$92.5m market cap, or US$11.8m). Reported Earnings • Sep 04
First half 2025 earnings released: EPS: HK$0.002 (vs HK$0 in 1H 2024) First half 2025 results: EPS: HK$0.002 (up from HK$0 in 1H 2024). Revenue: HK$215.7m (up 19% from 1H 2024). Net income: HK$2.51m (up HK$3.17m from 1H 2024). Profit margin: 1.2% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Aug 25
Kinetix Systems Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 Kinetix Systems Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • May 29
Kinetix Systems Holdings Limited, Annual General Meeting, Jun 19, 2025 Kinetix Systems Holdings Limited, Annual General Meeting, Jun 19, 2025, at 10:30 China Standard Time. Location: suites 3103-3105, 31/f, aia kowloon tower, landmark east, 100 how ming street, kwun tong, kowloon, Hong Kong Reported Earnings • Mar 30
Full year 2024 earnings released: HK$0.003 loss per share (vs HK$0.01 loss in FY 2023) Full year 2024 results: HK$0.003 loss per share (improved from HK$0.01 loss in FY 2023). Revenue: HK$335.3m (up 8.5% from FY 2023). Net loss: HK$4.70m (loss narrowed 67% from FY 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Mar 13
Kinetix Systems Holdings Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Kinetix Systems Holdings Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 New Risk • Mar 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 49% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (HK$216.9m market cap, or US$27.9m). New Risk • Feb 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 14% 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 (14% average weekly change). Earnings have declined by 49% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$188.0m market cap, or US$24.2m). New Risk • Jan 05
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 Risk Earnings have declined by 49% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (HK$122.9m market cap, or US$15.8m). Board Change • Oct 01
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. 1 highly experienced director. Independent Non-Executive Director Tsz Kwan Tong was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 24
First half 2024 earnings released: EPS: HK$0 (vs HK$0.004 loss in 1H 2023) First half 2024 results: EPS: HK$0 (improved from HK$0.004 loss in 1H 2023). Revenue: HK$181.2m (up 31% from 1H 2023). Net loss: HK$665.0k (loss narrowed 88% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. New Risk • Aug 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% 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 Less than 1 year of cash runway based on free cash flow trend (-HK$14m free cash flow). Earnings have declined by 58% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$100m (HK$92.5m market cap, or US$11.9m). Announcement • Aug 09
Kinetix Systems Holdings Limited to Report First Half, 2024 Results on Aug 23, 2024 Kinetix Systems Holdings Limited announced that they will report first half, 2024 results on Aug 23, 2024 New Risk • Jul 15
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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$14m free cash flow). Earnings have declined by 58% 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$115.7m market cap, or US$14.8m). Announcement • Jun 08
Kinetix Systems Holdings Limited, Annual General Meeting, Jun 27, 2024 Kinetix Systems Holdings Limited, Annual General Meeting, Jun 27, 2024, at 10:30 China Standard Time. Location: 6/f, sml tower, no. 165 hoi bun road, kwun tong, kowloon Hong Kong New Risk • Apr 17
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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$14m free cash flow). Earnings have declined by 58% 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$86.8m market cap, or US$11.1m). Reported Earnings • Mar 29
Full year 2023 earnings released: HK$0.01 loss per share (vs HK$0.07 loss in FY 2022) Full year 2023 results: HK$0.01 loss per share (improved from HK$0.07 loss in FY 2022). Revenue: HK$309.1m (up 4.9% from FY 2022). Net loss: HK$14.1m (loss narrowed 79% from FY 2022). Over the last 3 years on average, the company's earnings growth rate has exceeded its share price growth rate by 2 percentage points per year. Announcement • Mar 14
Kinetix Systems Holdings Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Kinetix Systems Holdings Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 New Risk • Nov 17
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 61% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (50% increase in shares outstanding). Market cap is less than US$100m (HK$173.5m market cap, or US$22.2m). Reported Earnings • Nov 16
Third quarter 2023 earnings released: HK$0.001 loss per share (vs HK$0.006 loss in 3Q 2022) Third quarter 2023 results: HK$0.001 loss per share (improved from HK$0.006 loss in 3Q 2022). Revenue: HK$63.8m (flat on 3Q 2022). Net loss: HK$1.20m (loss narrowed 79% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Announcement • Nov 01
Kinetix Systems Holdings Limited to Report Q3, 2023 Results on Nov 14, 2023 Kinetix Systems Holdings Limited announced that they will report Q3, 2023 results on Nov 14, 2023 Reported Earnings • Aug 15
Second quarter 2023 earnings released: EPS: HK$0 (vs HK$0.004 loss in 2Q 2022) Second quarter 2023 results: EPS: HK$0 (improved from HK$0.004 loss in 2Q 2022). Revenue: HK$69.2m (down 10% from 2Q 2022). Net loss: HK$185.0k (loss narrowed 95% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • Aug 01
Kinetix Systems Holdings Limited to Report First Half, 2023 Results on Aug 14, 2023 Kinetix Systems Holdings Limited announced that they will report first half, 2023 results on Aug 14, 2023 Announcement • Jul 04
Kinetix Systems Holdings Limited Announces Board Changes Kinetix Systems Holdings Limited announces that, Dr. He Dazhi ("Dr. He") and Mr. Tang Biao ("Mr. Tang") have tendered their resignation as an independent non-executive director and a non-executive director of the Company with effect from 3 July 2023 due to their decision to spend more time with their family and further pursue their personal interest respectively. Dr. He and Mr. Tang have confirmed that (i) they have no claim against the Company in respect of their resignation and there is no disagreement between them and the Board; and (ii) there are no matters that need to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholder of the Company in relation to their resignation. The Board would like to express its gratitude to Dr. He and Mr. Tang for their valuable contributions to the Company during their tenure of service. Announcement • Jun 10
Kinetix Systems Holdings Limited, Annual General Meeting, Jun 30, 2023 Kinetix Systems Holdings Limited, Annual General Meeting, Jun 30, 2023, at 10:30 China Standard Time. Location: 6/F, SML Tower, No. 165 Hoi Bun Road, Kwun Tong Kowloon Hong Kong Agenda: To receive and approve the audited consolidated financial statements together with the report of the directors (the "Directors") and the independent auditor's report of the Company for the year ended 31 December 2022; to re-elect Mr. Yu Larry as an executive Director of the Company; to re-elect Mr. Law Cheung Moon as an executive Director of the Company; to re-elect Mr. Leung Patrick Cheong Yu as an executive Director of the Company; and to discuss other matters. Reported Earnings • May 17
First quarter 2023 earnings released: HK$0.004 loss per share (vs HK$0.01 loss in 1Q 2022) First quarter 2023 results: HK$0.004 loss per share (improved from HK$0.01 loss in 1Q 2022). Revenue: HK$68.8m (up 6.9% from 1Q 2022). Net loss: HK$5.49m (loss narrowed 44% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance. Buying Opportunity • Apr 21
Now 20% undervalued Over the last 90 days, the stock is up 81%. The fair value is estimated to be HK$0.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 08
Full year 2022 earnings released: HK$0.07 loss per share (vs HK$0.023 loss in FY 2021) Full year 2022 results: HK$0.07 loss per share (further deteriorated from HK$0.023 loss in FY 2021). Revenue: HK$294.7m (up 16% from FY 2021). Net loss: HK$67.1m (loss widened 230% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 146 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 19
Third quarter 2022 earnings released: HK$0.006 loss per share (vs HK$0.005 loss in 3Q 2021) Third quarter 2022 results: HK$0.006 loss per share (further deteriorated from HK$0.005 loss in 3Q 2021). Revenue: HK$63.3m (up 18% from 3Q 2021). Net loss: HK$5.77m (loss widened 25% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
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, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Tsz Kwan Tong was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Nov 08
Kinetix Systems Holdings Limited Provides Consolidated Earnings Guidance for the Nine Months Ended 30 September 2022 Kinetix Systems Holdings Limited provided consolidated earnings guidance for the nine months ended 30 September 2022. The group is expected to record a net loss of approximately or not more than HKD 20.0 million as compared to the net loss of approximately HKD 14.7 million for the nine months ended 30 September 2021 (the Previous Period). Announcement • Nov 02
Kinetix Systems Holdings Limited to Report Nine Months, 2022 Results on Nov 14, 2022 Kinetix Systems Holdings Limited announced that they will report nine months, 2022 results on Nov 14, 2022 Buying Opportunity • Sep 23
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be HK$0.084, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 14
Second quarter 2022 earnings released: HK$0.004 loss per share (vs HK$0.01 loss in 2Q 2021) Second quarter 2022 results: HK$0.004 loss per share (up from HK$0.01 loss in 2Q 2021). Revenue: HK$77.0m (up 45% from 2Q 2021). Net loss: HK$3.80m (loss narrowed 57% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • Aug 09
Kinetix Systems Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Kinetix Systems Holdings Limited provides earnings guidance for the six months ended 30 June 2022. For the period, the company expected to record a net loss of approximately or not less than HKD 13.0 million as compared to the net loss of approximately HK$10.0 million for the six months ended 30 June 2021. Announcement • Jul 30
Kinetix Systems Holdings Limited to Report First Half, 2022 Results on Aug 12, 2022 Kinetix Systems Holdings Limited announced that they will report first half, 2022 results on Aug 12, 2022 Buying Opportunity • Jul 20
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 39%. The fair value is estimated to be HK$0.091, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Meanwhile, the company became loss making. Recent Insider Transactions • Jun 29
Executive Chairman of the Board & CEO recently sold HK$123k worth of stock On the 24th of June, Larry Yu sold around 2m shares on-market at roughly HK$0.082 per share. In the last 3 months, they made an even bigger sale worth HK$355k. Larry has been a seller over the last 12 months, reducing personal holdings by HK$1.3m. Recent Insider Transactions • Jun 16
Executive Chairman of the Board & CEO recently sold HK$355k worth of stock On the 13th of June, Larry Yu sold around 4m shares on-market at roughly HK$0.092 per share. This was the largest sale by an insider in the last 3 months. Larry has been a seller over the last 12 months, reducing personal holdings by HK$771k. Recent Insider Transactions • Jun 07
Executive Chairman of the Board & CEO recently sold HK$106k worth of stock On the 2nd of June, Larry Yu sold around 1m shares on-market at roughly HK$0.099 per share. In the last 3 months, they made an even bigger sale worth HK$131k. Larry has been a seller over the last 12 months, reducing personal holdings by HK$241k. Recent Insider Transactions • Jun 01
Executive Chairman of the Board & CEO recently sold HK$131k worth of stock On the 27th of May, Larry Yu sold around 1m shares on-market at roughly HK$0.10 per share. This was the largest sale by an insider in the last 3 months. Larry has been a seller over the last 12 months, reducing personal holdings by HK$135k. Announcement • May 31
Kinetix Systems Holdings Limited, Annual General Meeting, Jun 29, 2022 Kinetix Systems Holdings Limited, Annual General Meeting, Jun 29, 2022, at 10:30 China Standard Time. Location: 6/F, SML Tower, No. 165 Hoi Bun Road Kwun Tong Kowloon Hong Kong Agenda: To consider and approve the audited consolidated financial statements together with the report of the directors (the "directors") and the independent auditor's report of the company for the year ended December 31, 2021; to consider to re-elect Mr. Tang Biao as a non-executive director of the company; to re-elect Mr. Li Xiaoping as an independent non-executive director of the company; to re-elect Mr. Tong Tsz Kwan as an independent non-executive director of the company; and to authorise the board of Directors to fix their remuneration; to re-appoint Linksfield CPA Limited as auditors of the company and to authorise the board of directors to fix their remuneration; and to consider other matters. Reported Earnings • May 14
First quarter 2022 earnings released: HK$0.01 loss per share (vs HK$0.001 loss in 1Q 2021) First quarter 2022 results: HK$0.01 loss per share (down from HK$0.001 loss in 1Q 2021). Revenue: HK$64.3m (up 8.8% from 1Q 2021). Net loss: HK$9.84m (loss widened HK$9.43m from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Buying Opportunity • May 10
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 45%. The fair value is estimated to be HK$0.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 02
Kinetix Systems Holdings Limited to Report Q1, 2022 Results on May 13, 2022 Kinetix Systems Holdings Limited announced that they will report Q1, 2022 results on May 13, 2022 Board Change • Apr 27
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, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Tsz Kwan Tong was the last independent director to join the board, commencing their role in 2021. 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 • Apr 03
Full year 2021 earnings released: HK$0.022 loss per share (vs HK$0.013 profit in FY 2020) Full year 2021 results: HK$0.022 loss per share (down from HK$0.013 profit in FY 2020). Revenue: HK$254.1m (down 10.0% from FY 2020). Net loss: HK$20.3m (down 297% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: HK$0.005 loss per share (vs HK$0.005 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: HK$53.6m (down 16% from 3Q 2020). Net loss: HK$4.62m (down 217% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: HK$0.01 loss per share (vs HK$0.003 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: HK$53.3m (down 30% from 2Q 2020). Net loss: HK$8.95m (down 491% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Executive Departure • Jul 16
Company Secretary Wai Yan Lam has left the company On the 9th of July, Wai Yan Lam's tenure as Company Secretary ended after 3.4 years in the role. We don't have any record of a personal shareholding under Wai Yan's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Executive Departure • Jul 06
Independent Non-Executive Director Yau Hin Lam has left the company On the 29th of June, Yau Hin Lam's tenure as Independent Non-Executive Director ended after 3.0 years in the role. We don't have any record of a personal shareholding under Yau Hin's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Recent Insider Transactions • Jun 02
Insider recently sold HK$5.9m worth of stock On the 26th of May, Ruby Huey-Boon Leung sold around 6m shares on-market at roughly HK$0.91 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$12m more than they bought in the last 12 months. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS HK$0.013 (vs HK$0.003 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$282.4m (up 31% from FY 2019). Net income: HK$10.3m (up 373% from FY 2019). Profit margin: 3.7% (up from 1.0% in FY 2019). The increase in margin was driven by higher revenue. Announcement • Mar 21
Kinetix Systems Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2020 Kinetix Systems Holdings Limited provided earnings guidance for the year ended December 31, 2020. For the year, the company expected to record an increase in net profit for the period not less than 400% as compared to the same period in 2019. Announcement • Mar 12
Kinetix Systems Holdings Limited Appoints He Dazhi as Independent Non-Executive Director Kinetix Systems Holdings Limited announced that Dr. He Dazhi will be appointed as an independent non-executive director of the company, with effect from 1 April 2021. Dr. He, aged 43, has over 21 years of research experience in intelligent network and communications engineering. Dr. He graduated with a Bachelor's degree in Information Engineering from the Department of Electrical Engineering, Tongji University in July 1999. Announcement • Mar 10
Kinetix Systems Holdings Limited to Report Fiscal Year 2020 Results on Mar 24, 2021 Kinetix Systems Holdings Limited announced that they will report fiscal year 2020 results on Mar 24, 2021 Executive Departure • Mar 05
Independent Non Executive Director has left the company On the 1st of March, Wai Keung Yeung's tenure as Independent Non Executive Director ended after 2.7 years in the role. We don't have any record of a personal shareholding under Wai Keung's name. Wai Keung is the only executive to leave the company over the last 12 months. Announcement • Mar 01
Kinetix Systems Holdings Limited Announces Board Changes The board of directors of Kinetix Systems Holdings Limited announced that Mr. Yeung Wai Keung ("Mr. Yeung") has tendered his resignation as an independent non-executive Director, the chairman of remuneration committee and a member of each of the audit committee and nomination committee of the Company with effect from 1 March 2021 so as to spend more time with his family and further pursue his personal interests. Mr. Yeung has 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 and The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). Following the above change, the Board further announced that, Ms. Lam Shun Ka, the independent non-executive Director of the Company, was appointed as the chairman of the remuneration committee of the Company with effect from 1 March 2021. Announcement • Feb 11
Kinetix Systems Holdings Limited Announces Appointment of Chen Jie as Non-Executive Director The board of directors of Kinetix Systems Holdings Limited announced that Ms. Chen Jie has been appointed as a non-executive director of the Company with effect from 9 February 2021. In 2020, Ms. Chen becomes researcher of Think Tanks at Shanghai Jiao Tong University, responsible for the research of Technological breakthrough pathways in the field of intelligent connected vehicles. Announcement • Feb 06
Kinetix Systems Holdings Limited and Urban Development Authority of Sri Lanka Enter into Letter of Intent to Cooperate on a Smart City Led Street Light Replacement Project in Sri Lanka Kinetix Systems Holdings Limited announced that the Company and the Urban Development Authority of Sri Lanka has entered into a letter of intent (the "LOI") under which the parties to the LOI expressed their intention to cooperate on a smart city LED street light replacement project in Sri Lanka (the "Project") with the approximate project size of USD 280 million. With the Group's IT infrastructure and IT development solutions strengths and expertise, it will provide UDA the technologies for smart city LED street light replacement implementation and execution in Sri Lanka. The Project aims to replace low-efficiency lamps with LED street lights with smart control system and will cover nine provinces of Sri Lanka. It will apply Internet-of-Things ("IoT"), cloud computing services and graphic information integration technology to achieve the goal of remote smart control and energy saving management on each LED street light. The cloud platform for smart management of LED street lights includes centralized monitoring management platform for smart street lights, series of smart remote devices, LED street lights, terminal devices, servers and communication network. The platform effectively manages the software and hardware of itself and provide simple, synthesized and convenient operation, which can reduce the dependence of environment on human beings and ensure the high efficiency. The platform also provide data management service in which can automatically store the data transmitted from different devices for the users to analyze problems based on statistics. Looking forward to the future, the Company will accelerate the integration of its information technology infrastructure and information technology development solutions services and participate in more smart city infrastructure projects in the PRC and overseas. While exploring the PRC market, the Group will also expand into the Southeast Asia and The Belt and Road Initiative countries. Is New 90 Day High Low • Jan 29
New 90-day high: HK$0.83 The company is up 497% from its price of HK$0.14 on 30 October 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 24% over the same period. Is New 90 Day High Low • Jan 12
New 90-day high: HK$0.68 The company is up 396% from its price of HK$0.14 on 14 October 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: HK$0.31 The company is up 161% from its price of HK$0.12 on 17 September 2020. The Hong Kong market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 6.0% over the same period. Recent Insider Transactions • Dec 04
Executive Chairman of the Board & CEO recently sold HK$6.2m worth of stock On the 27th of November, Pak Lun Yu sold around 25m shares on-market at roughly HK$0.25 per share. This was the largest sale by an insider in the last 3 months. This was Pak Lun's only on-market trade for the last 12 months. Is New 90 Day High Low • Nov 26
New 90-day high: HK$0.23 The company is up 66% from its price of HK$0.14 on 28 August 2020. The Hong Kong market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 7.0% over the same period. Announcement • Nov 21
Kinetix Systems Holdings Limited Appoints Cheng Kwan Ngai as Non-Executive Director, and Member of the Audit Committee, with Effect from November 20, 2020 Kinetix Systems Holdings Limited announced that Cheng Kwan Ngai has been appointed as a non-executive director, and a member of the audit committee of the Company, with effect from November 20, 2020. Mr. Cheng, aged 35, has over 9 years of experience in accounting, audit assurance and corporate governance. He joined the Group as finance manager from June 2017 to December 2018. Mr. Cheng was promoted to finance director since January 2019. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS HK$0.005 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: HK$63.5m (up 88% from 3Q 2019). Net income: HK$3.97m (up HK$6.97m from 3Q 2019). Profit margin: 6.2% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Announcement • Oct 29
Kinetix Systems Holdings Limited to Report Nine Months, 2020 Results on Nov 12, 2020 Kinetix Systems Holdings Limited announced that they will report nine months, 2020 results on Nov 12, 2020 Announcement • Aug 31
Kinetix Systems Holdings Limited to Report First Half, 2020 Results on Aug 13, 2020 Kinetix Systems Holdings Limited announced that they will report first half, 2020 results on Aug 13, 2020