Recent Insider Transactions Derivative • Jul 24
CEO & Executive Chairman exercised options to buy HK$4.2m worth of stock. On the 20th of July, Yui Ting Liu exercised options to buy 6m shares at a strike price of around HK$0.58, costing a total of HK$3.2m. Yui Ting currently holds less than 1% of total shares outstanding. This was the only transaction from an insider over the last 12 months. New Risk • Jun 29
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$763.2m (US$97.3m) This is considered a minor 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 • Jun 26
Full year 2026 earnings released: EPS: HK$0.022 (vs HK$0.024 in FY 2025) Full year 2026 results: EPS: HK$0.022 (down from HK$0.024 in FY 2025). Revenue: HK$776.7m (up 5.8% from FY 2025). Net income: HK$22.4m (down 8.7% from FY 2025). Profit margin: 2.9% (down from 3.3% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Jun 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Risk Earnings have declined by 5.5% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Announcement • Jun 09
Edvance International Holdings Limited to Report Fiscal Year 2026 Results on Jun 25, 2026 Edvance International Holdings Limited announced that they will report fiscal year 2026 results on Jun 25, 2026 Buy Or Sell Opportunity • Mar 27
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 3.4% to HK$0.60. The fair value is estimated to be HK$0.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jan 08
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 56% to HK$0.57. The fair value is estimated to be HK$0.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Dec 23
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 81% to HK$0.56. The fair value is estimated to be HK$0.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Nov 27
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 132% to HK$0.57. The fair value is estimated to be HK$0.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Nov 11
Edvance International Holdings Limited to Report First Half, 2026 Results on Nov 25, 2025 Edvance International Holdings Limited announced that they will report first half, 2026 results on Nov 25, 2025 New Risk • Sep 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$271.1m market cap, or US$34.7m). Reported Earnings • Jul 23
Full year 2025 earnings released: EPS: HK$0.024 (vs HK$0.029 in FY 2024) Full year 2025 results: EPS: HK$0.024 (down from HK$0.029 in FY 2024). Revenue: HK$734.3m (up 17% from FY 2024). Net income: HK$24.5m (down 17% from FY 2024). Profit margin: 3.3% (down from 4.8% in FY 2024). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Jul 17
Edvance International Holdings Limited, Annual General Meeting, Aug 22, 2025 Edvance International Holdings Limited, Annual General Meeting, Aug 22, 2025, at 11:00 China Standard Time. Location: 25th floor, tower 1, the millennity, 98 how ming street, kwun tong, kowloon, Hong Kong Reported Earnings • Jun 24
Full year 2025 earnings released: EPS: HK$0.024 (vs HK$0.029 in FY 2024) Full year 2025 results: EPS: HK$0.024 (down from HK$0.029 in FY 2024). Revenue: HK$734.3m (up 17% from FY 2024). Net income: HK$24.5m (down 17% from FY 2024). Profit margin: 3.3% (down from 4.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. New Risk • Jun 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (HK$204.9m market cap, or US$26.1m). Announcement • Jun 06
Edvance International Holdings Limited to Report Fiscal Year 2025 Results on Jun 23, 2025 Edvance International Holdings Limited announced that they will report fiscal year 2025 results on Jun 23, 2025 New Risk • Jan 03
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 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$219.9m market cap, or US$28.3m). Reported Earnings • Nov 30
First half 2025 earnings released: HK$0.001 loss per share (vs HK$0.006 loss in 1H 2024) First half 2025 results: HK$0.001 loss per share (improved from HK$0.006 loss in 1H 2024). Revenue: HK$362.1m (up 25% from 1H 2024). Net loss: HK$1.18m (loss narrowed 82% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Announcement • Nov 11
Edvance International Holdings Limited to Report First Half, 2025 Results on Nov 25, 2024 Edvance International Holdings Limited announced that they will report first half, 2025 results on Nov 25, 2024 Announcement • Jul 18
Edvance International Holdings Limited, Annual General Meeting, Aug 23, 2024 Edvance International Holdings Limited, Annual General Meeting, Aug 23, 2024, at 10:30 China Standard Time. Location: 25th floor, tower 1, the millennity, 98 how ming street, kwun tong, kowloon, Hong Kong Reported Earnings • Jun 25
Full year 2024 earnings released: EPS: HK$0.029 (vs HK$0.027 loss in FY 2023) Full year 2024 results: EPS: HK$0.029 (up from HK$0.027 loss in FY 2023). Revenue: HK$625.4m (up 8.3% from FY 2023). Net income: HK$29.7m (up HK$57.2m from FY 2023). Profit margin: 4.8% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. New Risk • Jun 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 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% 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$336.4m market cap, or US$43.1m). Announcement • Feb 08
Edvance International Holdings Limited Announces Retirement of Von John Executive Director Edvance International Holdings Limited announced that Mr. Von John has a retirement plan and has tendered to resign as an executive director and an authorised representative of the Company with effect from 8 February 2024. New Risk • Nov 29
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 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$627.6m market cap, or US$80.4m). Reported Earnings • Nov 28
First half 2024 earnings released: HK$0.006 loss per share (vs HK$0.018 loss in 1H 2023) First half 2024 results: HK$0.006 loss per share (improved from HK$0.018 loss in 1H 2023). Revenue: HK$290.7m (down 3.4% from 1H 2023). Net loss: HK$6.56m (loss narrowed 64% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Nov 11
Edvance International Holdings Limited to Report Q2, 2024 Results on Nov 24, 2023 Edvance International Holdings Limited announced that they will report Q2, 2024 results on Nov 24, 2023 Announcement • Aug 03
Edvance International Holdings Limited, Annual General Meeting, Sep 05, 2023 Edvance International Holdings Limited, Annual General Meeting, Sep 05, 2023, at 10:30 China Standard Time. Location: 25th Floor, Tower 1, The Millennity 98 How Ming Street Kwun Tong Kowloon Hong Kong Agenda: To receive and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors of the Company (the "Director(s)") and the independent auditor of the Company (the "Auditor") for the year ended 31 March 2023; to re-elect Mr. Liu Yui Ting Raymond as an executive Director of the Company; to re-elect Mr. Chan Siu Ming Simon as an independent non-executive Director of the Company; to re-elect Mrs. Wong Hung Flavia Yuen Yee as an independent non-executive Director of the Company; to authorize the board of Directors (the "Board") of the Company to fix the respective remuneration of the Directors; to re-appoint Deloitte Touche Tohmatsu as the Auditor and to authorize the Board to fix its remuneration; and to transact other matters. New Risk • Jun 23
New major risk - Revenue and earnings growth Earnings have declined by 23% 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 Risk Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$779.1m market cap, or US$99.5m). Reported Earnings • Jun 22
Full year 2023 earnings released: HK$0.027 loss per share (vs HK$0.023 profit in FY 2022) Full year 2023 results: HK$0.027 loss per share (down from HK$0.023 profit in FY 2022). Revenue: HK$577.5m (up 9.9% from FY 2022). Net loss: HK$27.5m (down 221% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Announcement • Jun 10
Edvance International Holdings Limited to Report Fiscal Year 2023 Results on Jun 21, 2023 Edvance International Holdings Limited announced that they will report fiscal year 2023 results on Jun 21, 2023 Announcement • Feb 01
Edvance International Holdings Limited Announces Board Changes The board of directors (the "Board") of Edvance International Holdings Limited (the "Company") announced that on 31 January 2023, Mr. Yu Kwok Chun Raymond ("Mr. Yu") has resigned as an independent non-executive director of the Company with effect from 31 January 2023 due to his other personal commitments. Following the resignation of Mr. Yu and with effect from 31 January 2023, the composition of the following board committees shall be changed as follow: (i) Audit committee of the Board: Mr. Yu shall cease to be a member and Mrs. Wong Hung Flavia Yuen Yee ("Mrs. Wong") (an independent non-executive director) shall become a member in place of Mr. Yu. (ii) Nomination committee of the Board: Mr. Yu shall cease to be a member and Mrs. Wong (an independent non-executive director) shall become a member in place of Mr. Yu. Remuneration committee of the Board: Mr. Yu shall cease to be a chairman and Mrs. Wong (an independent non-executive director) shall become a chairman in place of Mr. Yu. Reported Earnings • Nov 25
First half 2023 earnings released First half 2023 results: Revenue: HK$300.9m (up 26% from 1H 2022). Net loss: HK$18.3m (down 119% from profit in 1H 2022). 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 an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Flavia Wong Hung was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 12
Edvance International Holdings Limited to Report Q2, 2023 Results on Nov 24, 2022 Edvance International Holdings Limited announced that they will report Q2, 2023 results on Nov 24, 2022 Announcement • Oct 15
Edvance International Holdings Limited Provides Earnings Guidance Six Months Ended 30 September 2022 Edvance International Holdings Limited provided earnings guidance six months ended 30 September 2022. The Group for the six months ended 30 September 2022 and currently available information, it is expected that the Group will record an unaudited net loss attributable to owners of the Company of approximately HKD 18.5 million for 2023 as compared to an unaudited net profit attributable to owners of the Company ("Net Profit") of approximately HKD 98.9 million for the six months ended 30 September 2021. Announcement • Jun 23
Edvance International Holdings Limited, Annual General Meeting, Aug 09, 2022 Edvance International Holdings Limited, Annual General Meeting, Aug 09, 2022. Reported Earnings • Jun 23
Full year 2022 earnings released: EPS: HK$0.023 (vs HK$0.035 in FY 2021) Full year 2022 results: EPS: HK$0.023 (down from HK$0.035 in FY 2021). Revenue: HK$525.4m (up 28% from FY 2021). Net income: HK$22.8m (down 34% from FY 2021). Profit margin: 4.3% (down from 8.5% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Jun 11
Edvance International Holdings Limited to Report Fiscal Year 2022 Results on Jun 22, 2022 Edvance International Holdings Limited announced that they will report fiscal year 2022 results on Jun 22, 2022 Announcement • Jun 10
Edvance International Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended March 31, 2022 The board of directors of the Edvance International Holdings Limited inform the shareholders and potential investors of the company that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 March 2022 (fiscal year 2022) and currently available information, it is expected that the Group will record a decrease in the net profit attributable to owners of the company of approximately 34% for fiscal year 2022 as compared to the year ended 31 March 2021. Reference is made to the announcement of the company dated 23 September 2021 and the interim report published by the company for the six months ended 30 September 2021, of which the company recorded an increase of unaudited Net Profit from HKD 15.0 million for the six months ended 30 September 2020 to HKD 98.9 million for the six months ended 30 September 2021. Such increase was mainly due to the fair value gain on financial assets at fair value through profit and loss of approximately HKD 100.2 million in relation to the unlisted investment of holding company of HKbitEX (Investment in HKbitEX) based on the post money valuation of the Group's holding of its Series A2 Preference Shares and the valuation report prepared by a professional valuer as at 30 September 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 an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Non-Executive Director Flavia Wong Hung was the last independent director to join the board, commencing their role in 2020. 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 27
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: HK$0.098 (up from HK$0.015 in 1H 2021). Revenue: HK$239.7m (up 20% from 1H 2021). Net income: HK$98.9m (up HK$83.9m from 1H 2021). Profit margin: 41% (up from 7.5% in 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Sep 24
Edvance International Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ending on September 30, 2021 Edvance International Holdings Limited provided unaudited consolidated earnings guidance for the six months ending on September 30, 2021. For the six months, it is expected that for the six months ending on 30 September 2021 the Group will record an increase in net profit attributable to owners of the Company of over at least 500% for fiscal year 2022 first half as compared to the six months ended 30 September 2020. Upcoming Dividend • Aug 05
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 12 August 2021. Payment date: 07 September 2021. Trailing yield: 1.7%. Lower than top quartile of Hong Kong dividend payers (6.4%). Lower than average of industry peers (3.6%). Reported Earnings • Jun 23
Full year 2021 earnings released: EPS HK$0.035 (vs HK$0.023 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$410.5m (up 4.1% from FY 2020). Net income: HK$34.7m (up 49% from FY 2020). Profit margin: 8.5% (up from 5.9% in FY 2020). The increase in margin was driven by higher revenue. 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 17% per year, which means it is significantly lagging earnings. Announcement • Jun 09
Edvance International Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 March 2021 Edvance International Holdings Limited provided that based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 March 2021 and currently available information, it is expected that for fiscal year 2021, the Group will record an increase in net profit after taxation attributable to owners of the Company of over at least 40% for FY2021 as compared to the same period in 2020. Such expected increases in net profit are primarily driven by the increase in gross profit resulting from an increase in revenue and gross profit margin of the Group's cybersecurity products and
services businesses. Executive Departure • Jun 08
Non-Executive Director Sing Hing Tang has left the company On the 31st of May, Sing Hing Tang's tenure as Non-Executive Director ended after 4.5 years in the role. As of March 2021, Sing Hing still personally held 37.50m shares (HK$19m worth at the time). Sing Hing is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Is New 90 Day High Low • Jan 07
New 90-day high: HK$0.71 The company is up 42% from its price of HK$0.50 on 09 October 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 20% over the same period. Reported Earnings • Nov 27
First half 2021 earnings released: EPS HK$0.015 The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$200.5m (up 3.9% from 1H 2020). Net income: HK$15.0m (up 43% from 1H 2020). Profit margin: 7.5% (up from 5.4% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Nov 11
Edvance International Holdings Limited to Report First Half, 2021 Results on Nov 24, 2020 Edvance International Holdings Limited announced that they will report first half, 2021 results on Nov 24, 2020 Announcement • Oct 11
Edvance International Holdings Limited (SEHK:1410) acquired 11% stake in Wepro180 Group Limited from Sin Wai Ming, Wan Chung Ching and Law Wai Chi for HKD 0.39 million. Edvance International Holdings Limited (SEHK:1410) entered into a sale and purchase agreement to acquire 11% stake in Wepro180 Group Limited from Sin Wai Ming, Wan Chung Ching and Law Wai Chi for HKD 0.39 million on October 9, 2020. The consideration was paid in cash. Edvance International Holdings Limited will acquire 8% stakes from Sin Wai Ming and 1.5% each from Wan Chung Ching and Law Wai Chi. Liu Yui Ting Raymond, majority owner of Edvance International holds 89% stake in Wepro180 Group and will transfer this stake to Edvance International. The consideration was fully financed from internal resources. For financial year ended March 31, 2020, Wepro180 Group reported turnover of HKD 2.4 million and Net profit of HKD 0.37 million. Net asset of Wepro180 Group Limited as at September 30, 2020 was approximately HKD 0.3 million.
Edvance International Holdings Limited (SEHK:1410) completed the acquisition of 11% stake in Wepro180 Group Limited from Sin Wai Ming, Wan Chung Ching and Law Wai Chi on October 9, 2020. Announcement • Sep 19
Edvance International Holdings Limited Announces Executive Changes Edvance International Holdings Limited announced that Lee Francis Sung Kei have mutually agreed that Lee shall cease to act as the Chief Executive Officer of the Company but will remain as an executive Director of the company. The company appointed Liu Yui Ting Raymond as the Chief Executive Officer. Liu was appointed as the Chairman and re-designated as an executive Director of the Company on 21 November 2016. Apart from his appointment as the Chief Executive Officer as disclosed in this announcement, he is at the same time the chairman of investment committee, and a member of the remuneration committee and the nomination committee of the Board. He is also one of the founders of the Group and has been a director of certain subsidiaries of the company. 
