Board Change • Apr 08
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. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Ricky Lau was the last independent director to join the board, commencing their role in 2024. 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 • Mar 29
Full year 2025 earnings released: HK$0.008 loss per share (vs HK$0.029 loss in FY 2024) Full year 2025 results: HK$0.008 loss per share (improved from HK$0.029 loss in FY 2024). Revenue: HK$104.2m (up 13% from FY 2024). Net loss: HK$12.5m (loss narrowed 71% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Mar 28
Perfect Optronics Limited, Annual General Meeting, Jun 17, 2026 Perfect Optronics Limited, Annual General Meeting, Jun 17, 2026. Announcement • Mar 17
Perfect Optronics Limited to Report Fiscal Year 2025 Results on Mar 27, 2026 Perfect Optronics Limited announced that they will report fiscal year 2025 results on Mar 27, 2026 New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 13% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (HK$129.1m market cap, or US$16.5m). New Risk • Oct 22
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 16% 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 (16% average weekly change). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (HK$68.2m market cap, or US$8.78m). Reported Earnings • Sep 04
First half 2025 earnings released: HK$0.009 loss per share (vs HK$0.002 profit in 1H 2024) First half 2025 results: HK$0.009 loss per share (down from HK$0.002 profit in 1H 2024). Revenue: HK$49.5m (down 5.7% from 1H 2024). Net loss: HK$12.6m (down HK$14.9m from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings. New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 13% 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 Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (HK$62.3m market cap, or US$7.99m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • Aug 19
Perfect Optronics Limited to Report First Half, 2025 Results on Aug 29, 2025 Perfect Optronics Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Apr 29
Perfect Optronics Limited, Annual General Meeting, Jun 12, 2025 Perfect Optronics Limited, Annual General Meeting, Jun 12, 2025, at 15:00 China Standard Time. Location: room 910, 9/f., tower 1, cheung sha wan plaza, 833 cheung sha wan road, kowloon, Hong Kong Reported Earnings • Mar 27
Full year 2024 earnings released: HK$0.029 loss per share (vs HK$0.013 loss in FY 2023) Full year 2024 results: HK$0.029 loss per share (further deteriorated from HK$0.013 loss in FY 2023). Revenue: HK$92.6m (down 26% from FY 2023). Net loss: HK$42.9m (loss widened 125% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings. New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-HK$30m free cash flow). Market cap is less than US$10m (HK$47.5m market cap, or US$6.11m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Mar 13
Perfect Optronics Limited to Report Fiscal Year 2024 Results on Mar 25, 2025 Perfect Optronics Limited announced that they will report fiscal year 2024 results on Mar 25, 2025 Board Change • Feb 06
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. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Ricky Lau was the last independent director to join the board, commencing their role in 2024. 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 • Sep 06
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$30m 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$30m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (HK$49.0m market cap, or US$6.28m). Reported Earnings • Aug 07
First half 2024 earnings released: EPS: HK$0.002 (vs HK$0.003 loss in 1H 2023) First half 2024 results: EPS: HK$0.002 (up from HK$0.003 loss in 1H 2023). Revenue: HK$52.5m (down 21% from 1H 2023). Net income: HK$2.25m (up HK$6.11m from 1H 2023). Profit margin: 4.3% (up from net loss in 1H 2023). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Announcement • Jul 25
Perfect Optronics Limited to Report First Half, 2024 Results on Aug 06, 2024 Perfect Optronics Limited announced that they will report first half, 2024 results on Aug 06, 2024 New Risk • Jun 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.2m (US$9.88m) 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 Less than 1 year of cash runway based on free cash flow trend (-HK$34m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Market cap is less than US$10m (HK$77.2m market cap, or US$9.88m). Buy Or Sell Opportunity • Apr 30
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at HK$0.055. The fair value is estimated to be HK$0.071, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 25% over the last 3 years. Meanwhile, the company became loss making. New Risk • Apr 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$74.2m (US$9.47m) 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 Share price has been highly volatile over the past 3 months (22% average weekly change). Market cap is less than US$10m (HK$74.2m market cap, or US$9.47m). Buy Or Sell Opportunity • Apr 17
Now 22% undervalued Over the last 90 days, the stock has risen 25% to HK$0.055. The fair value is estimated to be HK$0.071, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 25% over the last 3 years. Meanwhile, the company became loss making. Announcement • Mar 27
Perfect Optronics Limited, Annual General Meeting, Jun 18, 2024 Perfect Optronics Limited, Annual General Meeting, Jun 18, 2024. Reported Earnings • Mar 27
Full year 2023 earnings released: HK$0.013 loss per share (vs HK$0.003 profit in FY 2022) Full year 2023 results: HK$0.013 loss per share (down from HK$0.003 profit in FY 2022). Revenue: HK$124.3m (down 59% from FY 2022). Net loss: HK$19.1m (down HK$23.1m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Mar 25
Now 44% overvalued after recent price rise Over the last 90 days, the stock has risen 106% to HK$0.10. The fair value is estimated to be HK$0.073, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.0% over the last 3 years. Meanwhile, the company became loss making. Announcement • Mar 15
Perfect Optronics Limited to Report Fiscal Year 2023 Results on Mar 26, 2024 Perfect Optronics Limited announced that they will report fiscal year 2023 results on Mar 26, 2024 Buy Or Sell Opportunity • Feb 23
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 94% to HK$0.097. The fair value is estimated to be HK$0.075, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.0% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Feb 01
Now 27% undervalued The stock has been flat over the last 90 days, currently trading at HK$0.05. The fair value is estimated to be HK$0.068, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.0% over the last 3 years. Meanwhile, the company became loss making. New Risk • Jan 24
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 Market cap is less than US$10m (HK$69.7m market cap, or US$8.92m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Oct 28
Perfect Optronics Limited to Report Q3, 2023 Results on Nov 08, 2023 Perfect Optronics Limited announced that they will report Q3, 2023 results on Nov 08, 2023 Announcement • Oct 27
Perfect Optronics Limited Provides Consolidated Earnings Guidance for the Nine Months Ended 30 September 2023 Perfect Optronics Limited provided consolidated earnings guidance for the nine months ended 30 September 2023. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the initial assessment of the unaudited consolidated management accounts of the Group, the financial results of the Group for the nine months ended 30 September 2023 (the “Period”) is expected to turn from profit to loss by recording a consolidated loss attributable to equity holders of the Company within a range of approximately HKD 11 million to HKD 12 million, as compared to a consolidated profit attributable to equity holders of the Company of approximately HKD 6,198,000 for the nine months ended 30 September 2022. New Risk • Oct 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$74.2m (US$9.48m) 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 Risk Market cap is less than US$10m (HK$74.2m market cap, or US$9.48m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Board Change • Oct 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Helen Hsu was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: HK$0.001 (vs HK$0.014 loss in 2Q 2022) Second quarter 2023 results: EPS: HK$0.001 (up from HK$0.014 loss in 2Q 2022). Revenue: HK$29.8m (down 55% from 2Q 2022). Net income: HK$826.0k (up HK$21.4m from 2Q 2022). Profit margin: 2.8% (up from net loss in 2Q 2022). Announcement • Jul 28
Perfect Optronics Limited to Report Q2, 2023 Results on Aug 07, 2023 Perfect Optronics Limited announced that they will report Q2, 2023 results on Aug 07, 2023 Announcement • Jul 27
Perfect Optronics Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2023 Perfect Optronics Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2023. For the period, the company expects loss attributable to equity holders of the Company within a range of approximately HKD 3 million to HKD 4 million, as compared to a consolidated profit attributable to equity holders of the Company of approximately HKD 2,515,000 for the six months ended 30 June 2022. Reported Earnings • May 11
First quarter 2023 earnings released: HK$0.003 loss per share (vs HK$0.016 profit in 1Q 2022) First quarter 2023 results: HK$0.003 loss per share (down from HK$0.016 profit in 1Q 2022). Revenue: HK$36.7m (down 75% from 1Q 2022). Net loss: HK$4.69m (down 120% from profit in 1Q 2022). Reported Earnings • Mar 22
Full year 2022 earnings released: EPS: HK$0.003 (vs HK$0.03 loss in FY 2021) Full year 2022 results: EPS: HK$0.003 (up from HK$0.03 loss in FY 2021). Revenue: HK$301.3m (down 43% from FY 2021). Net income: HK$4.04m (up HK$47.9m from FY 2021). Profit margin: 1.3% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Reported Earnings • Aug 07
Second quarter 2022 earnings released: HK$0.014 loss per share (vs HK$0.002 loss in 2Q 2021) Second quarter 2022 results: HK$0.014 loss per share (down from HK$0.002 loss in 2Q 2021). Revenue: HK$65.7m (down 48% from 2Q 2021). Net loss: HK$20.6m (loss widened HK$17.7m from 2Q 2021). 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 9% per year, which means it is significantly lagging earnings. Announcement • Jul 28
Perfect Optronics Limited to Report First Half, 2022 Results on Aug 05, 2022 Perfect Optronics Limited announced that they will report first half, 2022 results on Aug 05, 2022 Announcement • Jul 26
Perfect Optronics Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Perfect Optronics Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the Group is expected to record a turnaround of its results from loss to profit making for the six months ended 30 June 2022 by recording a consolidated profit attributable to equity holders of the Company within a range of approximately HKD 2 million to HKD 3 million, as compared to a consolidated loss attributable to equity holders of the Company of approximately HKD 3,032,000 for the six months ended 30 June 2021. The abovementioned consolidated profit expected to be recorded for the Period was primarily attributable to a significant increase in the profit generated from the Group's sales of health-related products (including personal hygiene and disinfectant products, rapid antigen test kits for COVID-19) for the Period as compared to the corresponding period in 2021. The positive effect of the aforementioned factor was however substantially offset by (i) an expected fair value loss on the Group's financial asset at fair value through profit or loss for the Period of approximately HKD 18 million in respect of its investment in Mobvoi Inc. mainly related to (among others) the deterioration of the capital market conditions, as compared to the fair value gain on the Group's financial asset at FVTPL of approximately HKD 511,000 recorded for the six months ended 30 June 2021; and (ii) the expected decrease in the revenue from the sales of the Group's display products during the Period as compared to the corresponding period in 2021. The Group recorded a consolidated profit attributable to equity holders of the Company of approximately HKD 23 million for the three months ended 31 March 2022. The Group still expects to record a consolidated profit attributable to equity holders of the Company for the Period despite a consolidated loss expected to be recorded for the three months ended 30 June 2022. Reported Earnings • May 08
First quarter 2022 earnings released: EPS: HK$0.016 (vs HK$0 in 1Q 2021) First quarter 2022 results: EPS: HK$0.016 (up from HK$0 in 1Q 2021). Revenue: HK$144.1m (up 36% from 1Q 2021). Net income: HK$23.1m (up HK$23.2m from 1Q 2021). Profit margin: 16% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Apr 26
Perfect Optronics Limited Provides Consolidated Earnings Guidance for the Three Months Ended March 31, 2022 Perfect Optronics Limited provided consolidated earnings guidance for the three months ended March 31, 2022. For the period, the Group expects to record a turnaround of its results by recording a consolidated profit attributable to equity holders of the Company within a range of approximately HKD 20 million to HKD 25 million, as compared to a consolidated loss attributable to equity holders of the Company of approximately HKD 150,000 for the three months ended 31 March 2021. Announcement • Mar 07
Perfect Optronics Limited Provides Earnings Guidance for the Year Ended 31 December 2021 Perfect Optronics Limited provided earnings guidance for the year ended 31 December 2021. Based on the initial assessment of the unaudited consolidated management accounts of the Group, it is expected that the Group may record a substantial increase in the consolidated loss attributable to equity holders of the Company from approximately HKD 16,883,000 for 2020 to around HKD 40 million for 2021, principally due to a significant amount of fair value loss on the Group's financial asset at FVTPL in respect of its investment in Mobvoi that may be recorded for 2021 and the increase in distribution and selling expenses of the Group for 2021 as compared to 2020. Reported Earnings • Aug 09
Second quarter 2021 earnings released: HK$0.002 loss per share (vs HK$0.007 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: HK$125.5m (up HK$107.3m from 2Q 2020). Net loss: HK$2.88m (loss narrowed 70% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jul 25
Perfect Optronics Limited Announces Guidance for the Six Months Ended 30 June 2020 Perfect Optronics Limited announced that based on the initial assessment of the unaudited consolidated management accounts of the Group, it is expected that the Group may record a decrease of around 80% in the consolidated loss attributable to equity holders of the Company for the six months ended 30 June 2021, as compared to the corresponding loss figure of approximately HKD 17,474,000 for the six months ended 30 June 2020. Announcement • Apr 26
Perfect Optronics Limited Provides Consolidated Earnings Guidance for the Three Months Ended 31 March 2021 Perfect Optronics Limited provided consolidated earnings guidance for the three months ended 31 March 2021. The company is expected that the group may record a decrease of over 90% in the consolidated loss attributable to equity holders of the company for the three months ended 31 March 2021 as compared to the corresponding loss figure of approximately HKD 7,743,000 for the three months ended 31 March 2020. Reported Earnings • Mar 21
Full year 2020 earnings released: HK$0.011 loss per share (vs HK$0.023 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: HK$207.0m (up 24% from FY 2019). Net loss: HK$16.9m (loss narrowed 51% from FY 2019). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Mar 20
Perfect Optronics Limited, Annual General Meeting, May 06, 2021 Perfect Optronics Limited, Annual General Meeting, May 06, 2021. Announcement • Mar 10
Perfect Optronics Limited to Report Fiscal Year 2020 Results on Mar 19, 2021 Perfect Optronics Limited announced that they will report fiscal year 2020 results on Mar 19, 2021 Is New 90 Day High Low • Feb 08
New 90-day high: HK$0.52 The company is up 93% from its price of HK$0.27 on 10 November 2020. The Hong Kong market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: HK$0.50 The company is up 43% from its price of HK$0.35 on 23 October 2020. The Hong Kong market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 35% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: HK$0.40 The company is up 98% from its price of HK$0.20 on 06 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 22% over the same period. Announcement • Oct 29
Perfect Optronics Limited to Report Q3, 2020 Results on Nov 09, 2020 Perfect Optronics Limited announced that they will report Q3, 2020 results on Nov 09, 2020 Announcement • Oct 15
Perfect Optronics Limited Announces Board Changes The board of directors announced that Mr. Li Shui Yan (``Mr. Li'') has tendered his resignation as an independent non-executive director of the Company with effect from 15 October 2020 as he would like to spend more time to pursue his own business. Announcement • Sep 29
Perfect Optronics Limited Announces Executive Changes The board of directors of Perfect Optronics Limited announced that following the suspension of director's duties of Mr. Liu Ka Wing (``Mr. Liu'') as an executive director, Mr. Chang Huan Chia, an executive director, was appointed as the compliance officer of the Company as required under Rule 5.19 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the ``GEM Listing Rules'') in place of Mr. Liu with effect from 25 September 2020.