Announcement • Jun 03
China Fortune Holdings Limited, Annual General Meeting, Jun 26, 2026 China Fortune Holdings Limited, Annual General Meeting, Jun 26, 2026, at 15:00 China Standard Time. Location: room 1505-6, tower a, regent centre, 63 wo yi hop road, kwai chung, Hong Kong New Risk • Apr 08
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 Risks Negative equity (-HK$26m). Earnings have declined by 26% per year over the past 5 years. Market cap is less than US$10m (HK$58.3m market cap, or US$7.44m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Announcement • Apr 02
China Fortune Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 6.5 million. China Fortune Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 6.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: HKD 0.26 Reported Earnings • Apr 02
Full year 2025 earnings released: HK$0.057 loss per share (vs HK$0.07 loss in FY 2024) Full year 2025 results: HK$0.057 loss per share (improved from HK$0.07 loss in FY 2024). Revenue: HK$62.4m (up 43% from FY 2024). Net loss: HK$14.5m (loss narrowed 8.6% from FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Mar 18
China Fortune Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 China Fortune Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Board Change • Feb 10
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Stanley Leung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Stanley Leung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 08
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Stanley Leung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 30
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 Risks Less than 1 year of cash runway based on free cash flow trend (-HK$10m free cash flow). Negative equity (-HK$17m). Earnings have declined by 15% per year over the past 5 years. Market cap is less than US$10m (HK$43.1m market cap, or US$5.55m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Aug 31
First half 2025 earnings released: HK$0.026 loss per share (vs HK$0.031 loss in 1H 2024) First half 2025 results: HK$0.026 loss per share (improved from HK$0.031 loss in 1H 2024). Revenue: HK$40.5m (up 18% from 1H 2024). Net loss: HK$6.56m (loss narrowed 2.9% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$20m free cash flow). Negative equity (-HK$14m). Earnings have declined by 15% per year over the past 5 years. Market cap is less than US$10m (HK$58.3m market cap, or US$7.48m). Announcement • Aug 15
China Fortune Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 China Fortune Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 Board Change • Jul 15
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Stanley Leung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Stanley Leung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 19
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 Negative equity (-HK$14m). Market cap is less than US$10m (HK$44.9m market cap, or US$5.74m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Apr 28
China Fortune Holdings Limited, Annual General Meeting, May 30, 2025 China Fortune Holdings Limited, Annual General Meeting, May 30, 2025, at 15:00 China Standard Time. Location: room 1505-6, tower a, regent centre, 63 wo yi hop road, kwai chung, Hong Kong Reported Earnings • Apr 02
Full year 2024 earnings released: HK$0.07 loss per share (vs HK$0.064 loss in FY 2023) Full year 2024 results: HK$0.07 loss per share (further deteriorated from HK$0.064 loss in FY 2023). Revenue: HK$43.6m (down 47% from FY 2023). Net loss: HK$15.8m (loss widened 26% from FY 2023). 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 28% per year, which means it is significantly lagging earnings. Announcement • Mar 10
China Fortune Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 China Fortune Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Feb 24
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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$20m free cash flow). Negative equity (-HK$19m). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (HK$47.7m market cap, or US$6.14m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Stanley Leung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 28
First half 2024 earnings released: HK$0.031 loss per share (vs HK$0.029 loss in 1H 2023) First half 2024 results: HK$0.031 loss per share (further deteriorated from HK$0.029 loss in 1H 2023). Revenue: HK$34.5m (down 11% from 1H 2023). Net loss: HK$6.75m (loss widened 27% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year and the company’s share price has also fallen by 21% per year. New Risk • Aug 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -HK$20m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$20m free cash flow). Negative equity (-HK$19m). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (HK$60.6m market cap, or US$7.77m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Announcement • Aug 28
China Fortune Holdings Limited Appoints Lau Zi Yin, Michelle as an Executive Director and A Member of the Nomination Committee China Fortune Holdings Limited announced that Ms. Lau Zi Yin, Michelle (Ms. Lau) has been appointed as an executive Director and a member of the nomination committee with effect from 27 August 2024. Ms. Lau, aged 26, obtained a Bachelor's degree in finance from UBC Sauder School of Business -- The University of British Columbia in 2020. She has extensive experience in corporate development strategy, sales and marketing functions, export marketing and product development, online and offline retail operations in China. Ms. Lau is currently the chief executive officer of a media company focused on promoting the consumer and technology industries, an investment firm in Beijing of the People's Republic of China (the PRC), and a vice president of investment of an equity investment firm in Macau that promotes the economic development of Macau and the PRC and assists domestic enterprises to expand their brands to overseas countries through Guangdong province and Macau. Announcement • Aug 14
China Fortune Holdings Limited to Report First Half, 2024 Results on Aug 27, 2024 China Fortune Holdings Limited announced that they will report first half, 2024 results on Aug 27, 2024 New Risk • Jul 22
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 Risks Negative equity (-HK$18m). Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (HK$58.9m market cap, or US$7.55m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Announcement • Jun 01
China Fortune Holdings Limited Approves the Retirement of Wang Yu as Executive Director China Fortune Holdings Limited announced that at its Annual General Meeting held on 31 May 2024 Mr. Wang Yu, has not been re-elected as an executive director of the Company at the AGM and retired from directorship pursuant to Bye-Laws of the Company after the conclusion of the AGM. Reported Earnings • Mar 30
Full year 2023 earnings released: HK$0.064 loss per share (vs HK$0.078 loss in FY 2022) Full year 2023 results: HK$0.064 loss per share (improved from HK$0.078 loss in FY 2022). Revenue: HK$81.5m (up 1.2% from FY 2022). Net loss: HK$12.6m (loss narrowed 12% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Mar 21
China Fortune Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 7.8 million. China Fortune Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 7.8 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: HKD 0.26
Transaction Features: Subsequent Direct Listing Announcement • Mar 16
China Fortune Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 China Fortune Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Mar 12
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 Risks Negative equity (-HK$17m). Market cap is less than US$10m (HK$63.5m market cap, or US$8.11m). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Reported Earnings • Sep 02
First half 2023 earnings released: HK$0.029 loss per share (vs HK$0.041 loss in 1H 2022) First half 2023 results: HK$0.029 loss per share (improved from HK$0.041 loss in 1H 2022). Revenue: HK$38.7m (up 38% from 1H 2022). Net loss: HK$5.33m (loss narrowed 28% from 1H 2022). 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 27% per year, which means it is significantly lagging earnings. Announcement • Aug 11
China Fortune Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023 China Fortune Holdings Limited announced that they will report first half, 2023 results on Aug 28, 2023 Announcement • Jul 24
China Fortune Holdings Limited Announces Director Changes The board of directors of China Fortune Holdings Limited (the "Company'') announced that Mr. Li Jianwu ("Mr. Li'') has been appointed as an executive Director with effect from 21 July 2023. Mr. Li, aged 40, has over ten years of experience in mergers and acquisitions. Mr. Li obtained a bachelor's degree in business administration and a master degree in business administration from University of South China and Sun Yat-sen University, in 2003 and 2008, respectively. Mr. Li is currently the managing director of an equity fund management firm in Hunan of the People's Republic of China (the "PRC''). He is also life associate member of China Angel Federation and an executive director of Software Association Blockchain of the PRC. Mr. Li has entered into a service agreement with the Company, pursuant to which Mr. Li shall hold office for an initial term of three years commencing from 21 July 2023 unless terminated by either party in accordance with the term thereof. The Board announced that Mr. Hou Zhenyang ("Mr. Hou'') has tendered his resignation as an executive Director due to his desire to devote more time to his other work arrangements with effect from 21 July 2023. Mr. Hou has confirmed that he has no disagreement with the Board and that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company. New Risk • Jul 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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$15m free cash flow). Negative equity (-HK$9.3m). Market cap is less than US$10m (HK$47.6m market cap, or US$6.09m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Reported Earnings • Mar 29
Full year 2022 earnings released: HK$0.078 loss per share (vs HK$0.057 loss in FY 2021) Full year 2022 results: HK$0.078 loss per share (further deteriorated from HK$0.057 loss in FY 2021). Revenue: HK$80.6m (up 1.8% from FY 2021). Net loss: HK$14.4m (loss widened 45% from FY 2021). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Stanley Leung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 31
First half 2022 earnings released: HK$0.041 loss per share (vs HK$0.021 loss in 1H 2021) First half 2022 results: HK$0.041 loss per share (down from HK$0.021 loss in 1H 2021). Revenue: HK$28.1m (down 48% from 1H 2021). Net loss: HK$7.45m (loss widened 111% from 1H 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Stanley Leung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Full year 2021 earnings released: HK$0.056 loss per share (vs HK$0.002 profit in FY 2020) Full year 2021 results: HK$0.056 loss per share (down from HK$0.002 profit in FY 2020). Revenue: HK$79.2m (down 2.2% from FY 2020). Net loss: HK$9.93m (down HK$10.1m from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Board Change • Jan 09
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Stanley Leung was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
Third quarter 2021 earnings released: HK$0.008 loss per share (vs HK$0.015 profit in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: HK$55.2m (up 86% from 3Q 2020). Net loss: HK$2.50m (down 262% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 24
First half 2021 earnings released: HK$0.021 loss per share (vs HK$0.031 loss in 1H 2020) The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: HK$53.7m (up 151% from 1H 2020). Net loss: HK$3.53m (loss widened 23% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS HK$0.002 (vs HK$0.28 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: HK$80.9m (down 25% from FY 2019). Net income: HK$219.0k (up HK$26.3m from FY 2019). Profit margin: 0.3% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 22
New 90-day low: HK$0.48 The company is down 21% from its price of HK$0.61 on 24 November 2020. The Hong Kong market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 31% over the same period. Reported Earnings • Sep 24
First half earnings released Over the last 12 months the company has reported total losses of HK$22.6m, with earnings decreasing by HK$41.3m from the prior year. Total revenue was HK$69.0m over the last 12 months, down 71% from the prior year.