New Risk • May 04
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 21% 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 (21% average weekly change). Earnings have declined by 14% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$392.2m market cap, or US$50.1m). Reported Earnings • Mar 26
Full year 2025 earnings released: CN¥0.21 loss per share (vs CN¥0.23 loss in FY 2024) Full year 2025 results: CN¥0.21 loss per share (improved from CN¥0.23 loss in FY 2024). Revenue: CN¥124.6m (down 17% from FY 2024). Net loss: CN¥66.5m (loss narrowed 6.1% 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 increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 25
Futong Technology Development Holdings Limited, Annual General Meeting, May 21, 2026 Futong Technology Development Holdings Limited, Annual General Meeting, May 21, 2026. Announcement • Mar 06
Futong Technology Development Holdings Limited to Report Fiscal Year 2025 Results on Mar 25, 2026 Futong Technology Development Holdings Limited announced that they will report fiscal year 2025 results on Mar 25, 2026 New Risk • Dec 15
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 15% 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 (15% average weekly change). Earnings have declined by 26% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$183.6m market cap, or US$23.6m). Reported Earnings • Sep 23
First half 2025 earnings released: CN¥0.10 loss per share (vs CN¥0.098 loss in 1H 2024) First half 2025 results: CN¥0.10 loss per share (further deteriorated from CN¥0.098 loss in 1H 2024). Revenue: CN¥58.3m (down 13% from 1H 2024). Net loss: CN¥32.7m (loss widened 7.1% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Aug 23
First half 2025 earnings released: CN¥0.10 loss per share (vs CN¥0.098 loss in 1H 2024) First half 2025 results: CN¥0.10 loss per share (further deteriorated from CN¥0.098 loss in 1H 2024). Revenue: CN¥58.3m (down 13% from 1H 2024). Net loss: CN¥32.7m (loss widened 7.1% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Announcement • Aug 09
Futong Technology Development Holdings Limited to Report First Half, 2025 Results on Aug 21, 2025 Futong Technology Development Holdings Limited announced that they will report first half, 2025 results on Aug 21, 2025 Announcement • Jul 03
Futong Technology Development Holdings Limited Announces Board and Committee Changes The board (the "Board") of directors of Futong Technology Development Holdings Limited announced that Ms. Chen Jing will retire from her positions as a non-executive Director with effect from 30 June 2025. The Board announce that Ms. Chen Xiaoxuan has been appointed as an executive Director and a member of the Nomination Committee of the Company with effect from 30 June 2025. Ms. Chen, aged 31, has extensive experience in artificial intelligence, big data and cloud computing. She served as a director of ecosystem in Futong Cloud Technology Co. Ltd., a subsidiary of the Group, from 2019 to 2021. She was responsible for product operations in Beijing Futong Intelligent Health Technology Co. Ltd., a subsidiary of the Group, from 2021 to 2023. She has been the operations director of Hong Kong Beijing Applied Science Innovation Center Limited and the chief operations officer of the Company since 2023. She is a member of the Chinese Association for Artificial Intelligence. Ms. Chen is the daughter of Mr. Chen Jian, an executive Director and chairman of the Company. Following the abovementioned appointment of Ms. Chen Xiaoxuan, the composition of the Nomination Committee will be changed as follows with effect from 30 June 2025: Nomination Committee: Mr. Chow Siu Lui (Chairman); Mr. Chen Jian; Mr. Lo Kwok Kwei David; Mr. Yao Yun and Ms. Chen Xiaoxuan. Reported Earnings • Mar 26
Full year 2024 earnings released: CN¥0.23 loss per share (vs CN¥0.27 loss in FY 2023) Full year 2024 results: CN¥0.23 loss per share (improved from CN¥0.27 loss in FY 2023). Revenue: CN¥150.5m (up 3.4% from FY 2023). Net loss: CN¥70.8m (loss narrowed 15% 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 8% per year, which means it is significantly lagging earnings. Announcement • Mar 25
Futong Technology Development Holdings Limited, Annual General Meeting, May 22, 2025 Futong Technology Development Holdings Limited, Annual General Meeting, May 22, 2025. Announcement • Mar 07
Futong Technology Development Holdings Limited to Report Fiscal Year 2024 Results on Mar 25, 2025 Futong Technology Development Holdings Limited announced that they will report fiscal year 2024 results on Mar 25, 2025 New Risk • Mar 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 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 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$98.0m market cap, or US$12.6m). Board Change • Feb 03
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. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Director Yun Yao was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jan 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.8m (US$10.00m) 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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. Market cap is less than US$10m (HK$77.8m market cap, or US$10.00m). New Risk • Dec 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$76.6m (US$9.85m) 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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. Market cap is less than US$10m (HK$76.6m market cap, or US$9.85m). Board Change • Dec 04
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. 4 experienced directors. 1 highly experienced director. Independent Non-Executive Director Yun Yao was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Sep 30
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 50% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$108.9m market cap, or US$14.0m). Reported Earnings • Sep 25
First half 2024 earnings released: CN¥0.098 loss per share (vs CN¥0.12 loss in 1H 2023) First half 2024 results: CN¥0.098 loss per share (improved from CN¥0.12 loss in 1H 2023). Revenue: CN¥67.0m (up 70% from 1H 2023). Net loss: CN¥30.5m (loss narrowed 19% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 26
First half 2024 earnings released: CN¥0.098 loss per share (vs CN¥0.12 loss in 1H 2023) First half 2024 results: CN¥0.098 loss per share (improved from CN¥0.12 loss in 1H 2023). Revenue: CN¥67.0m (up 70% from 1H 2023). Net loss: CN¥30.5m (loss narrowed 19% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 18% per year. Announcement • Aug 06
Futong Technology Development Holdings Limited to Report First Half, 2024 Results on Aug 21, 2024 Futong Technology Development Holdings Limited announced that they will report first half, 2024 results on Aug 21, 2024 New Risk • Mar 27
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 15% 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 (15% average weekly change). Earnings have declined by 62% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$84.0m market cap, or US$10.7m). Reported Earnings • Mar 23
Full year 2023 earnings released: CN¥0.27 loss per share (vs CN¥0.24 loss in FY 2022) Full year 2023 results: CN¥0.27 loss per share (further deteriorated from CN¥0.24 loss in FY 2022). Revenue: CN¥145.6m (down 58% from FY 2022). Net loss: CN¥83.3m (loss widened 10% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Mar 22
Futong Technology Development Holdings Limited, Annual General Meeting, May 24, 2024 Futong Technology Development Holdings Limited, Annual General Meeting, May 24, 2024. Announcement • Mar 09
Futong Technology Development Holdings Limited to Report Fiscal Year 2023 Results on Mar 21, 2024 Futong Technology Development Holdings Limited announced that they will report fiscal year 2023 results on Mar 21, 2024 New Risk • Oct 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$71.6m (US$9.15m) 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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 61% per year over the past 5 years. Market cap is less than US$10m (HK$71.6m market cap, or US$9.15m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Reported Earnings • Aug 26
First half 2023 earnings released: CN¥0.12 loss per share (vs CN¥0.11 loss in 1H 2022) First half 2023 results: CN¥0.12 loss per share (further deteriorated from CN¥0.11 loss in 1H 2022). Revenue: CN¥39.4m (down 82% from 1H 2022). Net loss: CN¥37.5m (loss widened 12% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Announcement • Aug 05
Futong Technology Development Holdings Limited to Report First Half, 2023 Results on Aug 24, 2023 Futong Technology Development Holdings Limited announced that they will report first half, 2023 results on Aug 24, 2023 Reported Earnings • Mar 24
Full year 2022 earnings released: CN¥0.24 loss per share (vs CN¥0.23 loss in FY 2021) Full year 2022 results: CN¥0.24 loss per share (further deteriorated from CN¥0.23 loss in FY 2021). Revenue: CN¥343.1m (up 46% from FY 2021). Net loss: CN¥75.6m (loss widened 4.0% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
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. No highly experienced directors. Independent Non-Executive Director Yun Yao was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 27
First half 2022 earnings released: CN¥0.11 loss per share (vs CN¥0.071 loss in 1H 2021) First half 2022 results: CN¥0.11 loss per share (down from CN¥0.071 loss in 1H 2021). Revenue: CN¥218.2m (up 51% from 1H 2021). Net loss: CN¥33.6m (loss widened 53% from 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Announcement • Aug 06
Futong Technology Development Holdings Limited to Report First Half, 2022 Results on Aug 25, 2022 Futong Technology Development Holdings Limited announced that they will report first half, 2022 results on Aug 25, 2022 Announcement • Jul 21
Futong Technology Development Holdings Limited Provides Earnings Guidance for the Six-Month Period Ended 30 June 2022 Futong Technology Development Holdings Limited provided earnings guidance for the six-month period ended 30 June 2022. It is expected that the loss attributable to Shareholders for the six-month period ended 30 June 2022 may record an increase of more than 60% as compared to that for the six-month period ended 30 June 2021. For the six-month period ended 30 June 2022, despite it is expected that the Group will record an increase in revenue of approximately 50-55% and a decrease in selling, administrative and financial expenses of approximately 5-10% due to the implementation of tight cost control measures, the profit margin ratio decreased from approximately 12% to approximately 5% due to lower selling prices were strategically offered for some projects. Board Change • Apr 27
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. No highly experienced directors. Independent Non-Executive Director Yun Yao was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 22
Futong Technology Development Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2021 Futong Technology Development Holdings Limited provided earnings guidance for the year ended 31 December 2021. it is expected to record a loss attributable to Shareholders of approximately RMB 72 million for the year ended 31 December 2021 as compared to a profit attributable to Shareholders of approximately RMB 3 million for the year ended 31 December 2020. For the year ended 31 December 2021, since the Group stepped up efforts to transform its business and increased the investment in resources, there was a slight increase in selling, administrative and financial expenses of less than 10% owing to the Group's tight cost control measures. Further, as the Group focused on developing its new businesses such as the intelligent health business, while there is an expected decline of approximately 60-65% in revenue of the traditional system integration services business, major revenue has yet to be derived from the new businesses as they are in the marketing and development stage. Together with the impairment of deferred tax assets of approximately RMB 13 million of a subsidiary, all above have caused the Group to expect to record a loss attributable to Shareholders for the year ended 31 December 2021. Reported Earnings • Aug 30
First half 2021 earnings released: CN¥0.071 loss per share (vs CN¥0.01 profit in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: CN¥144.2m (down 63% from 1H 2020). Net loss: CN¥22.0m (down CN¥25.1m from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Jul 15
Futong Technology Development Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six-Month Period Ended 30 June 2021 Futong Technology Development Holdings Limited provided unaudited consolidated earnings guidance for the six-month period ended 30 June 2021. For the six months, the company expected to record a loss attributable to Shareholders of approximately RMB 22 million for the six-month period ended 30 June 2021 as compared to a profit attributable to Shareholders of approximately RMB 3 million for the six-month period ended 30 June 2020. for the six-month period ended 30 June 2020. The Group focused on developing its new businesses such as the intelligent health business, which has increased the selling, administrative and financial expenses by approximately 5-10% under the implementation of tight cost control measures while the Group has yet to derive major revenue from such new businesses that are still under development stage. Further, there is an expected decline of approximately 60-65% in revenue of system integration services business due to the continuing impact of the outbreak of COVID-19 pandemic and macroeconomic uncertainty which led to some of the Group's customers having remained cautious with their spending. All above has caused the Group to expect to record a loss attributable to Shareholders. Reported Earnings • Apr 21
Full year 2020 earnings released: EPS CN¥0.01 (vs CN¥0.009 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: CN¥616.3m (down 27% from FY 2019). Net income: CN¥2.97m (up 3.6% from FY 2019). Profit margin: 0.5% (up from 0.3% in FY 2019). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS CN¥0.01 (vs CN¥0.009 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: CN¥616.3m (down 27% from FY 2019). Net income: CN¥2.97m (up 3.6% from FY 2019). Profit margin: 0.5% (up from 0.3% in FY 2019). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Mar 16
Futong Technology Development Holdings Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Futong Technology Development Holdings Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Is New 90 Day High Low • Feb 24
New 90-day high: HK$0.76 The company is up 41% from its price of HK$0.54 on 26 November 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 15% over the same period. Is New 90 Day High Low • Jan 25
New 90-day high: HK$0.70 The company is up 40% from its price of HK$0.50 on 27 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 Tech industry, which is up 39% over the same period. Is New 90 Day High Low • Nov 30
New 90-day high: HK$0.60 The company is up 20% from its price of HK$0.50 on 01 September 2020. The Hong Kong market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 14
New 90-day high: HK$0.54 The company is up 26% from its price of HK$0.43 on 16 July 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Tech industry, which is up 33% over the same period. Announcement • Aug 06
Futong Technology Development Holdings Limited to Report First Half, 2020 Results on Aug 21, 2020 Futong Technology Development Holdings Limited announced that they will report first half, 2020 results on Aug 21, 2020