Announcement • Apr 23
MOBI Development Co., Ltd., Annual General Meeting, May 29, 2026 MOBI Development Co., Ltd., Annual General Meeting, May 29, 2026, at 10:00 China Standard Time. Location: mobi technology building, genyu road, gongming street, guangming district, shenzhen, guangdong province., China Reported Earnings • Mar 30
Full year 2025 earnings released: CN¥0.12 loss per share (vs CN¥0.15 loss in FY 2024) Full year 2025 results: CN¥0.12 loss per share (improved from CN¥0.15 loss in FY 2024). Revenue: CN¥394.5m (down 23% from FY 2024). Net loss: CN¥93.9m (loss narrowed 22% from FY 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Mar 22
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 (24% average weekly change). Earnings have declined by 2.3% 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$151.4m market cap, or US$19.3m). Announcement • Mar 12
MOBI Development Co., Ltd. to Report Fiscal Year 2025 Results on Mar 27, 2026 MOBI Development Co., Ltd. announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Mar 27, 2026 New Risk • Feb 24
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 2.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$211.1m market cap, or US$27.0m). New Risk • Sep 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 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 2.3% 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$134.8m market cap, or US$17.3m). Reported Earnings • Aug 20
First half 2025 earnings released: CN¥0.041 loss per share (vs CN¥0.039 loss in 1H 2024) First half 2025 results: CN¥0.041 loss per share (further deteriorated from CN¥0.039 loss in 1H 2024). Revenue: CN¥214.8m (down 14% from 1H 2024). Net loss: CN¥32.8m (loss widened 3.9% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Aug 02
MOBI Development Co., Ltd. to Report First Half, 2025 Results on Aug 15, 2025 MOBI Development Co., Ltd. announced that they will report first half, 2025 results on Aug 15, 2025 Announcement • Apr 23
MOBI Development Co., Ltd., Annual General Meeting, May 29, 2025 MOBI Development Co., Ltd., Annual General Meeting, May 29, 2025, at 10:00 China Standard Time. Location: mobi technology building, genyu road, gongming street, guangming district, shenzhen, guangdong province prc, Hong Kong Announcement • Apr 13
MOBI Development Co., Ltd. Announces Executive Appointments, Effective 11 April 2025 MOBI Development Co., Ltd. announced after discussions and deliberations, the company announced the establishment of the position of chief operating officer. Ms. Zhou Lingbo (Ms. Zhou) has been appointed as the chief operating officer with effect from 11 April 2025, responsible for the overall operation and management of the company, leading the executive team, and reporting to the chairman and the Board on the day-to-day business operations and management. The board further announced that, after discussions and deliberations, the company announced the establishment of the positions of two Deputy Chief Operating Officers. Mr. Ye Rong (Mr. Ye) has been appointed as the Deputy Chief Operating Officer, responsible for the operation and management of the RF product line and new business activities. Mr. Hou Xiaoqiang (Mr. Hou) has been appointed as the Deputy Chief Operating Officer, responsible for the operation and management of the antenna product line, both with effect from 11 April 2025. Announcement • Apr 12
MOBI Development Co., Ltd. Announces Resignation of Hu Xiang as Chief Executive Officer, Effective 11 April 2025 MOBI Development Co., Ltd. announced that Mr. Hu Xiang (Mr. Hu) has tendered his resignation as chief executive officer of the company (the chief executive officer) due to adjustments to the division of duties, effective from 11 April 2025. Mr. Hu will remain as an executive director of the company, the chairman of the board and the chairman of the nomination committee. Reported Earnings • Mar 30
Full year 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.073 loss in FY 2023) Full year 2024 results: CN¥0.15 loss per share (further deteriorated from CN¥0.073 loss in FY 2023). Revenue: CN¥515.1m (down 20% from FY 2023). Net loss: CN¥120.5m (loss widened 104% from FY 2023). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Mar 24
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 (-CN¥127m free cash flow). Earnings have declined by 31% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (HK$103.3m market cap, or US$13.3m). Announcement • Mar 14
MOBI Development Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025 MOBI Development Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025 New Risk • Sep 13
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: -CN¥127m 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 (-CN¥127m free cash flow). Earnings have declined by 31% 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$120.4m market cap, or US$15.4m). New Risk • Sep 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.7% 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 31% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$100m (HK$132.4m market cap, or US$17.0m). Reported Earnings • Aug 21
First half 2024 earnings released: CN¥0.039 loss per share (vs CN¥0.004 loss in 1H 2023) First half 2024 results: CN¥0.039 loss per share (further deteriorated from CN¥0.004 loss in 1H 2023). Revenue: CN¥249.8m (down 28% from 1H 2023). Net loss: CN¥31.6m (loss widened CN¥28.1m from 1H 2023). 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 30% per year, which means it is significantly lagging earnings. Announcement • Aug 02
MOBI Development Co., Ltd. to Report First Half, 2024 Results on Aug 16, 2024 MOBI Development Co., Ltd. announced that they will report first half, 2024 results on Aug 16, 2024 Announcement • Apr 20
MOBI Development Co., Ltd., Annual General Meeting, May 29, 2024 MOBI Development Co., Ltd., Annual General Meeting, May 29, 2024, at 10:00 China Standard Time. Location: MOBI Technology Building, Genyu Road, Gongming Town, Guangming Shenzhen Guangdong China Agenda: To receive and consider the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors of the Company and auditors for the year ended 31 December 2023; to re-elect the retiring Directors and to authorize the Board of Directors to fix the remuneration of the Directors; to re-appoint Deloitte Touche Tohmatsu as the auditors of the Company and to authorize the Board of Directors to fix their remuneration; and to transact other business. Reported Earnings • Mar 24
Full year 2023 earnings released: CN¥0.073 loss per share (vs CN¥0.28 loss in FY 2022) Full year 2023 results: CN¥0.073 loss per share (improved from CN¥0.28 loss in FY 2022). Revenue: CN¥640.8m (down 6.7% from FY 2022). Net loss: CN¥59.2m (loss narrowed 74% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. Announcement • Mar 08
MOBI Development Co., Ltd. to Report Fiscal Year 2023 Results on Mar 22, 2024 MOBI Development Co., Ltd. announced that they will report fiscal year 2023 results on Mar 22, 2024 Reported Earnings • Aug 19
First half 2023 earnings released: CN¥0.004 loss per share (vs CN¥0.065 loss in 1H 2022) First half 2023 results: CN¥0.004 loss per share (improved from CN¥0.065 loss in 1H 2022). Revenue: CN¥345.7m (up 6.9% from 1H 2022). Net loss: CN¥3.47m (loss narrowed 94% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings. Announcement • Aug 04
MOBI Development Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 MOBI Development Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 New Risk • Jul 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.8% 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 61% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (HK$197.5m market cap, or US$25.2m). Announcement • Jun 22
MOBI Development Co., Ltd. Announces Executive Changes The board of directors of MOBI Development Co., Ltd. announced that Ms. Zhou Lingbo ("Ms. Zhou") and Mr. Ye Rong ("Mr. Ye") have been appointed as executive directors of the Company, all with effect from 21 June 2023. Ms. Zhou, aged 42, graduated from Nanjing University in 2004 with a LLB degree. She is the executive vice-president of the Company responsible for the personnel and administration system, procurement system, operation system, manufacturing system, strategic development and empowerment business department, domestic market, new business development department and market management center. She joined the Group in 2004 and successively held the posts of director of the infrastructure office and director of the president's office. Ms. Zhou also holds other positions in the Group, namely the legal representative and chairman of the board of directors of MOBI Telecommunications Technologies (Ji'an) Co., Ltd., director and general manager of MOBI Antenna Technologies (Shenzhen) Co., Ltd., MOBI Technologies (Xi ' an) Co., Ltd., MOBI Technology (Shenzhen) Co., Ltd. and Shenzhen MOBI Shiye Development Co., Ltd., as well as director of Shenzhen Shengyuzhihui Network Technology Co., Ltd. and Ji'an Jinshengjing Technology Co., Ltd. Mr. Ye, aged 43, graduated from Xidian University in 2005 with a master of science degree in electromagnetic field and microwave technology. Mr. Ye is currently studying for a Ph.D at the School of Electronic Engineering of Xidian University. Mr. Ye is the vice-president of the Company responsible for leading the business of research and development of RF products. He joined the Group in 2005 and successively held the posts of electrical engineer, research and development project manager and division head and the general manager of the radio-frequency product business division. Reported Earnings • Mar 22
Full year 2022 earnings released: CN¥0.28 loss per share (vs CN¥0.40 loss in FY 2021) Full year 2022 results: CN¥0.28 loss per share (improved from CN¥0.40 loss in FY 2021). Revenue: CN¥687.0m (up 3.9% from FY 2021). Net loss: CN¥229.8m (loss narrowed 30% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Announcement • Feb 18
MOBI Development Co., Ltd. Provides Earnings Guidance for the Year Ended 31 December 2022 MOBI Development Co., Ltd. provides earnings guidance for the year ended 31 December 2022. The Board informed the shareholders of the Company and potential investors that the unaudited consolidated net loss of the Group for the year ended 31 December 2022 is expected to exceed RMB 100 million, as compared to the net loss exceeding RMB 300 million in the same period of 2021, the reduction in loss is expected to exceed 50%. 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. 1 experienced director. 4 highly experienced directors. Independent Non-Executive Director Xiaojing Ge 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 20
First half 2022 earnings released: CN¥0.065 loss per share (vs CN¥0.07 loss in 1H 2021) First half 2022 results: CN¥0.065 loss per share (up from CN¥0.07 loss in 1H 2021). Revenue: CN¥323.3m (up 23% from 1H 2021). Net loss: CN¥53.0m (loss narrowed 7.9% from 1H 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Announcement • Aug 03
MOBI Development Co., Ltd. Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2022 MOBI Development Co., Ltd. provided unaudited consolidated earnings guidance for the six months ended June 30, 2022. For the period, the company is expected to record a net loss exceeding RMB 30 million. The company recorded a net loss of approximately RMB 57.58 million in the same period of 2021. The net loss was mainly attributable to the impact of the prices of bulk commodities and raw materials, coupled with the increase in labour costs and product costs, resulting in a decline in the gross profit margin. 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. 1 experienced director. 4 highly experienced directors. Independent Non-Executive Director Xiaojing Ge 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 • Apr 03
Full year 2021 earnings released: CN¥0.40 loss per share (vs CN¥0.036 loss in FY 2020) Full year 2021 results: CN¥0.40 loss per share (down from CN¥0.036 loss in FY 2020). Revenue: CN¥661.4m (down 25% from FY 2020). Net loss: CN¥329.7m (loss widened CN¥299.9m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Announcement • Feb 19
Mobi Development Co., Ltd. Provides Consolidated Earning Guidance for the Full Year Ended 31 December 2021 MOBI Development Co., Ltd. provides consolidated earning guidance for the full year ended 31 December 2021. The board of directors of the Company informed the shareholders of the Company and potential investors that the unaudited consolidated net loss of the Group for the year ended 31 December 2021 is expected to exceed RMB 100 million, as compared to the net loss of approximately RMB 29.81 million in the same period of 2020. Board Change • Sep 02
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. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Xiaojing Ge was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 23
First half 2021 earnings released: CN¥0.07 loss per share (vs CN¥0.018 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¥263.2m (down 42% from 1H 2020). Net loss: CN¥57.6m (down 486% from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Aug 14
Insider recently bought HK$1.6m worth of stock On the 12th of August, Xiaoyong Li bought around 3m shares on-market at roughly HK$0.55 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$2.4m more in shares than they have sold in the last 12 months. Reported Earnings • Apr 24
Full year 2020 earnings released: CN¥0.036 loss per share (vs CN¥0.029 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥884.5m (down 27% from FY 2019). Net loss: CN¥29.8m (down 226% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: CN¥0.036 loss per share (vs CN¥0.029 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥884.5m (down 27% from FY 2019). Net loss: CN¥29.8m (down 226% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Mar 16
MOBI Development Co., Ltd. to Report Fiscal Year 2020 Results on Mar 23, 2021 MOBI Development Co., Ltd. announced that they will report fiscal year 2020 results on Mar 23, 2021 Is New 90 Day High Low • Feb 20
New 90-day high: HK$0.67 The company is up 16% from its price of HK$0.58 on 20 November 2020. The Hong Kong market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 27% over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: HK$0.56 The company is down 24% from its price of HK$0.74 on 16 September 2020. The Hong Kong market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day low: HK$0.57 The company is down 30% from its price of HK$0.82 on 20 August 2020. The Hong Kong market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 6.0% over the same period. Is New 90 Day High Low • Oct 20
New 90-day low: HK$0.66 The company is down 20% from its price of HK$0.82 on 22 July 2020. The Hong Kong market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 30% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: HK$0.70 The company is down 10.0% from its price of HK$0.78 on 30 June 2020. The Hong Kong market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 31% over the same period. Announcement • Aug 06
MOBI Development Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020 MOBI Development Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020