Board Change • May 11
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Mar 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 29% 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 Risk Share price has been highly volatile over the past 3 months (29% average weekly change). Minor Risk Market cap is less than US$100m (HK$132.0m market cap, or US$16.8m). Board Change • Mar 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 20
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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Dec 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.3m (US$9.94m) 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. Board Change • Dec 19
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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 11
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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 05
Echo International Holdings Group Limited to Report First Half, 2026 Results on Nov 25, 2025 Echo International Holdings Group Limited announced that they will report first half, 2026 results on Nov 25, 2025 Buy Or Sell Opportunity • Sep 11
Now 46% overvalued after recent price rise Over the last 90 days, the stock has risen 81% to HK$0.13. The fair value is estimated to be HK$0.089, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has grown by 99%. Board Change • Aug 28
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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 28
Full year 2025 earnings released: HK$0.006 loss per share (vs HK$0.015 loss in FY 2024) Full year 2025 results: HK$0.006 loss per share (improved from HK$0.015 loss in FY 2024). Revenue: HK$62.0m (down 5.4% from FY 2024). Net loss: HK$4.29m (loss narrowed 55% from FY 2024). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Aug 23
Echo International Holdings Group Limited, Annual General Meeting, Sep 22, 2025 Echo International Holdings Group Limited, Annual General Meeting, Sep 22, 2025, at 11:00 China Standard Time. Location: room 3207a, 32/f, cable tv tower, 9 hoi shing road, tsuen wan, new territories, Hong Kong Announcement • Jul 03
Echo International Holdings Group Limited Announces Board and Committee Changes, Effective June 30, 2025 The board of directors of Echo International Holdings Group Limited announced the following change of composition of board committees of the Company with effect from 30 June 2025: Mr. Tansri Saridju Benui resigned as a member of the nomination committee of the Company; Ms. Chan Wan Shan, Sandra has been appointed as a member of the Nomination Committee; and Mr. Leung Yu Tung, Stanley has been appointed as the lead independent non-executive director of the Company (the ``Lead INED''). Change of Composition of the Nomination Committee and Appointment of Lead Ined: Mr. Tansri resigned as a member of the Nomination Committee and will continue to serve as an executive director of the Company and an authorised representative and compliance officer of the Company. Mr. Tansri has confirmed that he has no disagreement with the Board and there is no other matter about his resignation as a member of the Nomination Committee that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited. Ms. Chan, currently an executive director has been appointed as a member of the Nomination Committee. Mr. Leung, currently an independent non-executive director and a member of each of the audit committee, remuneration committee of the Company and the Nomination Committee, has been appointed as the Lead INED for the purpose of adopting a high standard of corporate governance. The Lead INED will not have a separate or higher level of responsibility or liability relative to other INEDs on the Board. He will serve as a channel of communication to enable shareholders to understand the actions taken by INEDs in the performance of their responsibilities, as an intermediary between directors and shareholders and enhance the communications among the INEDs and between the INEDs and the rest of the Board. Following the above changes, the Nomination Committee comprises two independent non- executive directors (namely Mr. Leung and Mr. Lam Kwok Leung Roy) and one executive director (namely Ms. Chan), and has at least one director of a different gender. The above changes were made pursuant to a regular evaluation on the structure of the corporate governance of the Company and in compliance with the amendments to the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the ``GEM Listing Rules'') and the Corporate Governance Code as set out in Appendix C1 to the GEM Listing Rules, which will come into effect on 1 July 2025. Board Change • Jun 24
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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 06
Echo International Holdings Group Limited to Report Fiscal Year 2025 Results on Jun 24, 2025 Echo International Holdings Group Limited announced that they will report fiscal year 2025 results on Jun 24, 2025 Board Change • May 09
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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 11
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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Feb 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$61.3m (US$7.89m) 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. Board Change • Feb 18
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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 14
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. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Thomas Lam was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 20
Echo International Holdings Group Limited to Report First Half, 2025 Results on Nov 26, 2024 Echo International Holdings Group Limited announced that they will report first half, 2025 results on Nov 26, 2024 New Risk • Aug 13
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 Less than 1 year of cash runway based on free cash flow trend (-HK$4.2m free cash flow). Share price has been highly volatile over the past 3 months (14% 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$106.6m market cap, or US$13.7m). New Risk • Jun 30
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$4.2m 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$4.2m free cash flow). Earnings have declined by 14% 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$123.3m market cap, or US$15.8m). Announcement • Jun 28
Echo International Holdings Group Limited, Annual General Meeting, Jul 31, 2024 Echo International Holdings Group Limited, Annual General Meeting, Jul 31, 2024, at 11:00 China Standard Time. Location: room 3207a, 32/f, cable tv tower, 9 hoi shing road, tsuen wan, new territories, Hong Kong Reported Earnings • Jun 26
Full year 2024 earnings released: HK$0.015 loss per share (vs HK$0.036 loss in FY 2023) Full year 2024 results: HK$0.015 loss per share (improved from HK$0.036 loss in FY 2023). Revenue: HK$65.5m (up 18% from FY 2023). Net loss: HK$9.44m (loss narrowed 35% from FY 2023). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Jun 25
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 15% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). 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). Market cap is less than US$100m (HK$166.6m market cap, or US$21.3m). New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. 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 15% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (HK$112.0m market cap, or US$14.3m). Reported Earnings • Nov 15
Second quarter 2024 earnings released: EPS: HK$0.002 (vs HK$0.01 loss in 2Q 2023) Second quarter 2024 results: EPS: HK$0.002 (up from HK$0.01 loss in 2Q 2023). Revenue: HK$15.4m (up 1.1% from 2Q 2023). Net income: HK$1.49m (up HK$6.45m from 2Q 2023). Profit margin: 9.7% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Oct 12
Echo International Holdings Group Limited to Report First Half, 2024 Results on Nov 10, 2023 Echo International Holdings Group Limited announced that they will report first half, 2024 results on Nov 10, 2023 Reported Earnings • Aug 11
First quarter 2024 earnings released: HK$0.001 loss per share (vs HK$0.023 loss in 1Q 2023) First quarter 2024 results: HK$0.001 loss per share (improved from HK$0.023 loss in 1Q 2023). Revenue: HK$16.1m (up 18% from 1Q 2023). Net loss: HK$849.0k (loss narrowed 77% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Jul 28
Echo International Holdings Group Limited to Report Q1, 2024 Results on Aug 10, 2023 Echo International Holdings Group Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • Jun 24
Echo International Holdings Group Limited, Annual General Meeting, Jul 28, 2023 Echo International Holdings Group Limited, Annual General Meeting, Jul 28, 2023. Reported Earnings • Jun 24
Full year 2023 earnings released: HK$0.036 loss per share (vs HK$0.15 loss in FY 2022) Full year 2023 results: HK$0.036 loss per share (improved from HK$0.15 loss in FY 2022). Revenue: HK$55.3m (down 31% from FY 2022). Net loss: HK$14.5m (loss narrowed 34% from FY 2022). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Announcement • Jun 09
Echo International Holdings Group Limited to Report Fiscal Year 2023 Results on Jun 23, 2023 Echo International Holdings Group Limited announced that they will report fiscal year 2023 results on Jun 23, 2023 Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: HK$0.026 (vs HK$0.004 in 3Q 2022) Third quarter 2023 results: EPS: HK$0.026 (up from HK$0.004 in 3Q 2022). Revenue: HK$13.9m (down 35% from 3Q 2022). Net income: HK$4.87m (up HK$4.26m from 3Q 2022). Profit margin: 35% (up from 2.9% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Jan 12
Echo International Holdings Group Limited to Report Q3, 2023 Results on Feb 09, 2023 Echo International Holdings Group Limited announced that they will report Q3, 2023 results on Feb 09, 2023 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. 4 non-independent directors. Independent Non-Executive Director Roy Lam 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. Announcement • Oct 13
Echo International Holdings Group Limited to Report First Half, 2023 Results on Nov 10, 2022 Echo International Holdings Group Limited announced that they will report first half, 2023 results on Nov 10, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: HK$0.023 loss per share (vs HK$0.011 loss in 1Q 2022) First quarter 2023 results: HK$0.023 loss per share (down from HK$0.011 loss in 1Q 2022). Revenue: HK$13.7m (down 24% from 1Q 2022). Net loss: HK$3.70m (loss widened 205% from 1Q 2022). 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 46% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Jul 29
Insider recently sold HK$316k worth of stock On the 27th of July, Yik Tung Siu sold around 2m shares on-market at roughly HK$0.15 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought HK$3.6m more than they sold in the last 12 months. Announcement • Jul 28
Echo International Holdings Group Limited to Report Q1, 2023 Results on Aug 10, 2022 Echo International Holdings Group Limited announced that they will report Q1, 2023 results on Aug 10, 2022 Announcement • Jul 19
Echo International Holdings Group Limited, Annual General Meeting, Aug 11, 2022 Echo International Holdings Group Limited, Annual General Meeting, Aug 11, 2022, at 11:00 China Standard Time. Location: at Room 3207A, 32/F, Cable TV Tower, 9 Hoi Shing Road, Tsuen Wan New Territories Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and the reports of the directors and auditors of Company for the year ended 31 March 2022; to re-elect Ms. Cheng Yeuk Hung as an executive Director; to re-elect Ms. Chan Wan Shan Sandra as an executive Director; to re-elect Mr. Leung Yu Tung Stanley as an independent non-executive Director; and to re-elect Mr. Lam Kwok Leung Roy as an independent non-executive Director; to authorise the board of Directors (the ``Board'') to fix the Directors' remuneration; to re-appoint HLB Hodgson Impey Cheng Limited as the auditors of the Company and to authorise the Board to fix their remuneration; and to consider other matters. Reported Earnings • Jul 02
Full year 2022 earnings released: HK$0.15 loss per share (vs HK$0.50 loss in FY 2021) Full year 2022 results: HK$0.15 loss per share (up from HK$0.50 loss in FY 2021). Revenue: HK$80.3m (up 63% from FY 2021). Net loss: HK$22.3m (loss narrowed 17% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Announcement • Jun 08
Echo International Holdings Group Limited to Report Fiscal Year 2022 Results on Jun 27, 2022 Echo International Holdings Group Limited announced that they will report fiscal year 2022 results on Jun 27, 2022 Announcement • May 21
Echo International Holdings Group Limited Announces Re-Designation of Cheng Yeuk Hung from COO to CEO Echo International Holdings Group Limited announced that following the resignation of Mr. Cheng, the Board announced that with effect from 20 May 2022, Ms. Cheng Yeuk Hung ('Ms. Cheng') who is an executive Director and the chief operation officer ('COO') of the Group, has been appointed and re-designated from COO to CEO. Save for her re-designation from COO to CEO, there will be no change to Ms. Cheng's other offices in the Group. 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. 4 non-independent directors. Independent Non-Executive Director Roy Lam 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 • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: HK$0.004 (up from HK$0.084 loss in 3Q 2021). Revenue: HK$21.3m (up 82% from 3Q 2021). Net income: HK$610.0k (up HK$4.90m from 3Q 2021). Profit margin: 2.9% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Announcement • Jan 28
Echo International Holdings Group Limited Provides Earning Guidance for the Nine Months Ended 31 December 2021 Echo International Holdings Group Limited provided earning guidance for the nine months ended 31 December 2021. The board of directors of the Company informed the shareholders of the Company and potential investors that based on a preliminary review and assessment of the latest unaudited consolidated management accounts of the Group for the nine months ended 31 December 2021, it is expected that the Group may record a net profit attributable to owners of the Company of approximately HKD 0.87 million for the Nine-Month Period as compared to a net loss attributable to owners of the Company of approximately HKD 9.21 million for the corresponding period in 2020. The Board considered that the turnaround from loss to profit was mainly attributable to (i) the increase in its share of results of an associate; and (ii) the increase in its revenue generated by the manufacturing and trading of electronic products and accessories. Announcement • Dec 16
Industronics Berhad (KLSE:ITRONIC) entered into a non binding letter of Intent to acquire a 10% stake in Bluemount Financial Group Limited for MYR 12.5 million. Industronics Berhad (KLSE:ITRONIC) entered into a non binding letter of Intent to acquire a 10% stake in Bluemount Financial Group Limited for MYR 12.5 million on December 15, 2021. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS HK$0.013 (vs HK$0.096 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: HK$22.2m (up 71% from 2Q 2021). Net income: HK$1.47m (up HK$6.15m from 2Q 2021). Profit margin: 6.6% (up from net loss in 2Q 2021). 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 46% per year, which means it is performing significantly worse than earnings. Executive Departure • Aug 26
Independent Non-Executive Director Kwok Po Lee has left the company On the 23rd of August, Kwok Po Lee's tenure as Independent Non-Executive Director ended after 1.4 years in the role. We don't have any record of a personal shareholding under Kwok Po's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.42 years. Reported Earnings • Aug 12
First quarter 2022 earnings released: HK$0.011 loss per share (vs HK$0.005 loss in 1Q 2021) The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: HK$18.1m (up 46% from 1Q 2021). Net loss: HK$1.21m (loss widened 384% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jun 25
Full year 2021 earnings released: HK$0.50 loss per share (vs HK$0.49 loss in FY 2020) The company reported a poor full year result with increased losses and weaker control over costs, although revenues were flat. Full year 2021 results: Revenue: HK$49.4m (flat on FY 2020). Net loss: HK$26.7m (loss widened 6.3% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • May 29
Insider recently bought HK$3.5m worth of stock On the 27th of May, Wa Kei Siu bought around 12m shares on-market at roughly HK$0.30 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • May 28
Echo International Holdings Group Limited has completed a Follow-on Equity Offering in the amount of HKD 26.4 million. Echo International Holdings Group Limited has completed a Follow-on Equity Offering in the amount of HKD 26.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 88,000,000
Price\Range: HKD 0.3
Discount Per Security: HKD 0.006
Transaction Features: Subsequent Direct Listing Reported Earnings • Feb 10
Third quarter 2021 earnings released: HK$0.084 loss per share (vs HK$0.06 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: HK$11.7m (down 21% from 3Q 2020). Net loss: HK$4.29m (loss widened 39% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 55% per year, which means it is performing significantly worse than earnings. Announcement • Jan 31
Echo International Holdings Group Limited Appoints Chow Yun Cheung as Independent Non-Executive Director and Member of the Audit Committee The board of directors of Echo International Holdings Group Limited announced that Mr. Chow Yun Cheung has been appointed as an independent non-executive Director and a member of the audit committee of the Company with effect from 29 January 2021. Mr. Chow Yun Cheung has over 19 years of experience in accounting, corporate finance and compliance of listed companies. He obtained a bachelor's degree in Business Administration from Chinese University of Hong Kong in November 2001, and has been a member of the Hong Kong Institute of Certified Public Accountants since February 2005. He is currently an independent non-executive director of Moody Technology Holdings Limited and an independent non-executive director of Industronics Berhad. Mr. Chow has entered into a letter of appointment with the Company for a term of one year with effect from 29 January 2021. His appointment is subject to retirement by rotation and re-election and other related provision as stipulated in the articles of association of the Company and The Rules of Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited. Announcement • Jan 13
Echo International Holdings Group Limited to Report Nine Months, 2021 Results on Feb 09, 2021 Echo International Holdings Group Limited announced that they will report nine months, 2021 results on Feb 09, 2021 Announcement • Nov 28
Echo International Holdings Group Limited announced that it has received HKD 4.1004 million in funding On November 26, 2020, Echo International Holdings Group Limited (SEHK:8218) closed the transaction. Is New 90 Day High Low • Nov 11
New 90-day low: HK$0.31 The company is down 49% from its price of HK$0.61 on 13 August 2020. The Hong Kong market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. Announcement • Nov 06
Echo International Holdings Group Limited announced that it expects to receive HKD 4.1004 million in funding Echo International Holdings Group Limited (SEHK:8218) announced a private placement of convertible bonds for gross proceeds of HKD 4,100,400 on November 5, 2020. The transaction will include participation from not less than six institutional, corporate or individual investors. The company will issue bonds on a best effort basis. The bond will issue at par value. The bonds carry a fixed coupon of 7% per annum and it will mature on the fifth anniversary from the date of issuance. The bonds are fully convertible into 10,200,000 common shares of the company at a conversion price of HKD 0.402 per share and are freely transferable. The company is entitled to voluntarily redeem the whole or any part of the convertible bonds after the first anniversary of the issue date of the convertible bonds. The transaction is subject to the approval of the listing committee of the stock exchange to deal in conversion shares. Announcement • Oct 31
Echo International Holdings Group Limited Announces Board Changes Echo International Holdings Group Limited announced that Mr. Tsui Chun Shing tendered his resignation as an independent non-executive Director with effect from 30 October 2020 due to his other career commitments which require more of his attention. Following the resignation of Mr. Tsui as an independent non-executive Director, he also ceased to be the chairman of the audit committee, remuneration committee and nomination committee of the Board with effect from 30 October 2020. Mr. Tsui has confirmed that he has no disagreement with the Board and there are no other matters in relation to his resignation that needs to be brought to the attention of the holders of securities of the Company. The Board further announces that, arising from the resignation of Mr. Tsui, with effect from 30 October 2020: (i) Mr. Lee Kwok Po, an independent non-executive Director, has been appointed to be a member of the remuneration committee and nomination committee of the Company; and (ii) Mr. Leung Yu Tung Stanley, an independent non-executive Director will serve as the chairman of the audit committee, remuneration committee and nomination committee of the Company. Announcement • Oct 15
Echo International Holdings Group Limited to Report First Half, 2021 Results on Nov 11, 2020 Echo International Holdings Group Limited announced that they will report first half, 2021 results on Nov 11, 2020 Announcement • Jul 21
Echo International Holdings Group Limited to Report Q1, 2021 Results on Aug 12, 2020 Echo International Holdings Group Limited announced that they will report Q1, 2021 results on Aug 12, 2020 Announcement • Jul 08
Echo International Holdings Group Limited announced that it has received HKD 4.64 million in funding On July 7, 2020, Echo International Holdings Group Limited (SEHK:8218) closed the transaction. 
