Reported Earnings • Apr 02
Full year 2025 earnings released: HK$0.38 loss per share (vs HK$0.36 loss in FY 2024) Full year 2025 results: HK$0.38 loss per share (further deteriorated from HK$0.36 loss in FY 2024). Revenue: HK$96.2m (down 35% from FY 2024). Net loss: HK$98.3m (loss widened 3.6% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 71% per year, which means it is well ahead of earnings. Announcement • Mar 31
Transtech Optelecom Science Holdings Limited, Annual General Meeting, Jun 03, 2026 Transtech Optelecom Science Holdings Limited, Annual General Meeting, Jun 03, 2026. New Risk • Mar 15
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 (28% average weekly change). Earnings have declined by 37% 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$535.2m market cap, or US$68.4m). Announcement • Mar 13
Transtech Optelecom Science Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Transtech Optelecom Science Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Announcement • Jan 06
Transtech Optelecom Science Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 18.552576 million. Transtech Optelecom Science Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 18.552576 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 38,976,000
Price\Range: HKD 0.476
Discount Per Security: HKD 0.00476
Transaction Features: Subsequent Direct Listing Announcement • Dec 18
Transtech Optelecom Science Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 24.752 million. Transtech Optelecom Science Holdings Limited has filed a Follow-on Equity Offering in the amount of HKD 24.752 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 52,000,000
Price\Range: HKD 0.476
Discount Per Security: HKD 0.00476
Transaction Features: Subsequent Direct Listing New Risk • Nov 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 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 37% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$109.2m market cap, or US$14.1m). Reported Earnings • Aug 31
First half 2025 earnings released: HK$0.049 loss per share (vs HK$0.053 loss in 1H 2024) First half 2025 results: HK$0.049 loss per share (improved from HK$0.053 loss in 1H 2024). Revenue: HK$38.7m (down 47% from 1H 2024). Net loss: HK$12.6m (loss narrowed 7.6% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Announcement • Aug 18
Transtech Optelecom Science Holdings Limited to Report First Half, 2025 Results on Aug 27, 2025 Transtech Optelecom Science Holdings Limited announced that they will report first half, 2025 results on Aug 27, 2025 Board Change • Aug 04
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 Wei Li was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • May 22
Now 83% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to HK$0.38. The fair value is estimated to be HK$0.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.6% over the last 3 years, while earnings per share has been flat. Board Change • Apr 25
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 Wei Li was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 02
Full year 2024 earnings released: HK$0.36 loss per share (vs HK$0.25 loss in FY 2023) Full year 2024 results: HK$0.36 loss per share (further deteriorated from HK$0.25 loss in FY 2023). Revenue: HK$148.0m (down 15% from FY 2023). Net loss: HK$94.8m (loss widened 48% 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 31% per year, which means it is significantly lagging earnings. Announcement • Mar 31
Transtech Optelecom Science Holdings Limited, Annual General Meeting, Jun 03, 2025 Transtech Optelecom Science Holdings Limited, Annual General Meeting, Jun 03, 2025. Announcement • Mar 14
Transtech Optelecom Science Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Transtech Optelecom Science Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Feb 28
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 Share price has been highly volatile over the past 3 months (57% average weekly change). Earnings have declined by 54% 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$87.1m market cap, or US$11.2m). New Risk • Feb 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$75.4m (US$9.68m) 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 (56% average weekly change). Earnings have declined by 54% per year over the past 5 years. Market cap is less than US$10m (HK$75.4m market cap, or US$9.68m). New Risk • Dec 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Market cap is less than US$10m (HK$36.1m market cap, or US$4.65m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Board Change • Dec 04
Less than half of directors are independent Following Executive Director Lingfei Sheng's arrival on 01 December 2024, 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 Wei Li was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 29
Transtech Optelecom Science Holdings Limited Announces Board Changes, Effective December 1, 2024 The board of directors of Transtech Optelecom Science Holdings Limited announced that Ms. Sheng Lingfei (Ms. Sheng) has been appointed as executive Director and a member of the Remuneration Committee with effect from 1 December 2024. Ms. Sheng, 37 years old, is an executive Director. Ms. Sheng will be responsible for the business development and office management of Group. Ms. Sheng graduated from Jilin International Studies University and obtained a bachelor degree of English Language in June 2011. Ms. Sheng has over 10 years of experience in enterprise management in Futong China. She took up the post of the business secretary of international department in Futong China to be responsible for project management from September 2011 to April 2015. Between May 2015 and August 2017, Ms. Sheng was the assistant to the manager mainly responsible for the management of a hotel in Luxembourg. From January 2022 onwards, Ms. Sheng worked as the secretary of the board of directors of Futong China to assist the directors in daily operation and coordination with professional parties. Since Ms. Sheng still holds other positions in Futong China which are also business entities owned by the controlling shareholder of Group; therefore, Ms. Sheng will abstain from all decisions relating to the transactions with Futong China to avoid interest conflict during her tenure in the Company. Ms. Sheng will hold office for an initial term of seven months commencing on 1 December 2024, which will continue thereafter. During her respective tenure, her appointment may be terminated by either the relevant Director or the Company giving the other not less than three months' notice in writing. According to the terms of appointment, Ms. Sheng is entitled to a monthly remuneration of HK$10,000, which is determined by the Board based on Ms. Sheng's experience, level of responsibilities within the Group and the current market conditions. Ms. Sheng is subject to retirement and re-election pursuant to the articles of association of the Company (the "Articles"). She will hold office until the next following annual general meeting of the Company and shall be eligible for re-election in accordance with the Articles. Ms. Sheng is appointed as an executive Director and a member of remuneration committee of the Board on 1 December 2024. Following the Appointment, the Remuneration Committee is comprised of Executive Directors, Mr. He Xingfu and Ms. Sheng Lingfei and independent non-executive Directors of the Company, Mr. Lau Siu Hang (the Chairman), Mr. Li Wei and Mr. Leong Chew Kuan with effect from 1 December 2024. Reported Earnings • Aug 17
First half 2024 earnings released: HK$0.053 loss per share (vs HK$0.019 profit in 1H 2023) First half 2024 results: HK$0.053 loss per share (down from HK$0.019 profit in 1H 2023). Revenue: HK$72.9m (down 29% from 1H 2023). Net loss: HK$13.7m (down 373% from profit in 1H 2023). 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 44% per year, which means it is performing significantly worse than earnings. New Risk • Jul 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 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 62% per year over the past 5 years. Market cap is less than US$10m (HK$59.8m market cap, or US$7.66m). Announcement • Jul 23
Transtech Optelecom Science Holdings Limited to Report First Half, 2024 Results on Aug 12, 2024 Transtech Optelecom Science Holdings Limited announced that they will report first half, 2024 results on Aug 12, 2024 Reported Earnings • Mar 30
Full year 2023 earnings released: HK$0.25 loss per share (vs HK$0.27 loss in FY 2022) Full year 2023 results: HK$0.25 loss per share (improved from HK$0.27 loss in FY 2022). Revenue: HK$174.2m (down 25% from FY 2022). Net loss: HK$64.2m (loss narrowed 9.3% from FY 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 42% per year, which means it has not declined as severely as earnings. Announcement • Mar 29
Transtech Optelecom Science Holdings Limited, Annual General Meeting, May 30, 2024 Transtech Optelecom Science Holdings Limited, Annual General Meeting, May 30, 2024. Announcement • Mar 19
Transtech Optelecom Science Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Transtech Optelecom Science Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Feb 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Risks Earnings have declined by 68% per year over the past 5 years. Market cap is less than US$10m (HK$67.6m market cap, or US$8.64m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Jan 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$78.0m (US$9.97m) 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 68% per year over the past 5 years. Market cap is less than US$10m (HK$78.0m market cap, or US$9.97m). New Risk • Dec 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 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 68% 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$85.8m market cap, or US$11.0m). New Risk • Dec 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$75.4m (US$9.65m) 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 68% per year over the past 5 years. Market cap is less than US$10m (HK$75.4m market cap, or US$9.65m). Announcement • Jul 25
Transtech Optelecom Science Holdings Limited to Report First Half, 2023 Results on Aug 11, 2023 Transtech Optelecom Science Holdings Limited announced that they will report first half, 2023 results on Aug 11, 2023 Announcement • Jul 01
Transtech Optelecom Science Holdings Limited Announces Executive Changes Transtech Optelecom Science Holdings Limited announces that with effect from 1 July 2023 Mr. Hu Guoqiang has resigned as Chairman of the Board, executive Director and ceased to be Chairman of the Nomination Committee of the Company and Mr. He Xingfu, an executive Director and Chief Executive Officer of the Company, has been appointed as Chairman of the Board and Chairman of the Nomination Committee. Following the Resignation and Appointment, the composition of the Nomination Committee has been changed with effect from 1 July 2023 as below: 1. Mr. Hu ceased to be the Chairman of the Nomination Committee; and 2. Mr. He has been appointed the Chairman of the Nomination Committee. The Nomination Committee is comprised of Mr. He Xingfu (the Chairman) and Mr. Xu Jinjie (member) and all independent non-executive Directors of the Company, Mr. Li Wei, Mr. Leong Chew Kuan, and Mr. Lau Siu Hang. The biography of Mr. He is as follows: Mr. He Xingfu, aged 63, is an executive Director and the chief executive officer of the Group. Mr. He joined the Group in April 2003 as a director and general manager of Transtech and is responsible for managing the daily operations and business development of Group. Mr. He was the president of Futong Group (Hong Kong) Co. Ltd. (“Futong Group (Hong Kong)”) and a director of Hong Kong Futong Optical Fibre Co. Ltd. (“Futong HK”), and he has resigned from such positions in these two companies upon Listing. Mr. He obtained the qualification of Senior Engineer from Science and Technology Bureau of Guangdong Province in April 1994 and a bachelor degree in electronic material science from University of Electronic Science and Technology of China (formally known as Chengdu Institute of Radio Engineering in July 1982. Mr. He has over 40 years of experience in optical communication industry. Prior to joining Futong China Group in 2001, Mr. He was engineer of the research department of the No. 46 Research Institute of China Electronics Technology Group Corporation (formally known as No. 46 Research Institute of Ministry of Machine Building and Electronics Industry from August 1982 to April 1989, where he mainly engaged in the research on the production technologies for optical fibres preforms and the drawing technologies of optical fibres. From January 1989 to June 1997, Mr. He was the head (manager) of the optical fibres factory of Shenzhen Guangtong Development Company Limited and mainly managed the day-to-day operations and production technology of the optical fibres factory. From July 1997 to December 1998, Mr. He was the person in charge of technology for the Shenzhen SDGI Optical Fibre Co. Ltd. . Shenzhen SDGI Optical Fibre Co. Ltd. is principally engaged in the manufacturing and sales of optical fibres. Subsequently from February 1999 to March 2001, Mr. He was the Area Sales Manager of Fiber Optic Product Line, Cables and Components Sector of Alcatel China Company Limited Shanghai Representative Office and was mainly responsible for overseeing the sales operations of optical fibres products in the PRC. Alcatel China Company Limited Shanghai Representative Office is principally engaged in providing optics, voice and data communication systems for enterprises to mobile terminals. Mr. He also acted as the director of the FTTH Council Asia Pacific from May 2012 to May 2016, and as the Vice President and director of the same organisation from May 2015 to May 2016 subsequently. New Risk • Jun 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 9.3% 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 68% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (HK$104.0m market cap, or US$13.3m). 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. 5 non-independent directors. Independent Non-Executive Director Wei Li was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 01
Transtech Optelecom Science Holdings Limited Announces Changes to Its Board Transtech Optelecom Science Holdings Limited announced that Mr. Pan Jinhua (Mr. Pan) has tendered his resignation as an executive Director and ceased to be a member of the nomination committee of the Board (the Nomination Committee), and Ms. Sun Jing () (Ms. Sun) has tendered her resignation as an executive Director and a member of the remuneration committee (the Remuneration Committee), respectively, with effect from 1 October 2022 due to their other business commitments which require more of their attention and dedication (the Resignation). Mr. Pan and Ms. Sun have confirmed that they have no disagreement with the Board and there is no other matter that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company in respect of the Resignation. The Board announces that Mr. Xu Jinjie () (Mr. Xu) and Mr. Yin Zhou () (Mr.Yin) have been appointed as executive Directors with effect from 1 October 2022. The biographies of Mr. Xu and Mr. Yin are set out as follows: Mr. Xu Jinjie, 33 years old, is an executive director. He has joined the Group in October 2020 and served as the acting general manager of its subsidiary, Futong Group Communication Technology (Thailand) Co. Ltd., in charge of the operations and business development in Thailand and other countries of the Association of Southeast Asia Nation (ASEAN). Mr. Xu got the bachelor degree in electronic information engineering from Ningbo Institute of Technology, Zhejiang University in June, 2012. He has about 9 years` experience in international marketing, customer development, overseas project investment and operation. In December 2017, he was awarded the Outstanding Professional Awards at 30th Anniversary of Futong Group Co. Ltd., (the Funtong China). Futong China and its subsidiaries are collectively referred to as Futong China Group . From May 2013 to March 2016, Mr. Xu served as the director assistant and sales manager of the European market in the international affairs department of Futong China, assisting the president to carry out investment survey, project operation and marketing. From April 2016 to March 2019, Mr. Xu successively served as the secretary of the board of directors of Futong China Group, and the assistant to the director of Chairman`s (Hangzhou) Office, assisting the chairman in international affairs, communication and other appointed works. From April 2019 to September 2020, he served as the deputy general manager of Futong Group Import & Export Co. Ltd. and Jiaxing Futong International Technology Co. Ltd. responsible for market promotion and project operation in ASEAN countries. Mr. Xu has resigned all posts in Futong China Group before October 2022. Mr. Yin Zhou, aged 33, is an executive Director. Mr. Yin joined Group in October 2022 and is responsible for the development of new markets and trade affair of Group. Mr. Yin graduated from Zhejiang University of Technology and obtained a bachelor degree of English Language in June 2011. Mr. Yin has 10 years of experience in enterprise management, market development and sales operations. Prior to joining Group, Mr. Yin took up the posts of the customer manager, claim manager and recover manager in the whole process of insurance business in China Export & Credit Insurance Corporation from July 2011 to September 2016. Between October 2016 and September 2022, Mr. Yin worked as the assistant to the president of the department of international business as well as the secretary to the director of Futong China. Mr. Yin has resigned all posts in Futong China Group before October 2022. The Board further announces that Mr. Xu will be appointed as a member of the Nomination Committee from the resignation of Mr. Pan and Mr. Yin will be appointed as a member of the Remuneration Committee from the resignation of Ms. Sun, both effective from 1 October, 2022. Reported Earnings • Aug 14
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down HK$2.59m from profit in 1H 2021). Profit margin: (down from 3.1% in 1H 2021). The decrease in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Announcement • Aug 06
Transtech Optelecom Science Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2022 Transtech Optelecom Science Holdings Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the period, the group is expected to incur consolidated net loss within the range of approximately HKD 3.5 million to HKD 3.8 million for the Current Period compared to the consolidated net profit of approximately HKD 2.6 million for the six months ended June 30, 2021. Based on the information currently available, the Directors are of the preliminary view that the expected consolidated net loss of the Group may be attributable to the net effects of the following factors: reversal of loss allowance for trade receivables under the Expected Credit Loss model; and increase of foreign exchange loss resulting from the fluctuation of exchange rates among Renminbi, Thai Baht, United States Dollar and Hong Kong Dollar. Announcement • Jul 26
Transtech Optelecom Science Holdings Limited to Report Q2, 2022 Results on Aug 12, 2022 Transtech Optelecom Science Holdings Limited announced that they will report Q2, 2022 results on Aug 12, 2022 Announcement • May 02
Transtech Optelecom Science Holdings Limited, Annual General Meeting, Jun 17, 2022 Transtech Optelecom Science Holdings Limited, Annual General Meeting, Jun 17, 2022, at 11:00 China Standard Time. Location: Chairman's Place (M/F), New World Millennium Hong Kong Hotel 72 Mody Road, Tsim Sha Tsui East Kowloon Hong Kong Agenda: To receive and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and the auditor of the Company for the year ended 31 December 2021; to re-elect Ms. Sun Jing as an executive director of the Company; to re-elect Mr. Ren Guodong as an executive director of the Company; to re-elect Mr. Leong Chew Kuan as an independent non-executive director of the Company; to authorise the board of directors of the Company to fix the remuneration of the directors of the Company; to re-appoint Deloitte Touche Tohmatsu as auditor of the Company to hold office until the conclusion of the next annual general meeting of the Company and to authorise the Board to fix its remuneration; and to consider other matters. 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. 5 non-independent directors. Independent Non-Executive Director Wei Li was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 13
Transtech Optelecom Science Holdings Limited to Report Q4, 2021 Final Results on Apr 29, 2022 Transtech Optelecom Science Holdings Limited announced that they will report Q4, 2021 final results on Apr 29, 2022 Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: HK$0.017 (vs HK$0.11 in FY 2020) Full year 2021 results: EPS: HK$0.017 (down from HK$0.11 in FY 2020). Revenue: HK$155.9m (down 41% from FY 2020). Net income: HK$4.40m (down 84% from FY 2020). Profit margin: 2.8% (down from 11% in FY 2020). The decrease in margin was driven by lower revenue. 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 8% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment deteriorated over the past week After last week's 15% share price decline to HK$1.16, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 16x in the Communications industry in Hong Kong. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 15% share price gain to HK$1.45, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 17x in the Communications industry in Hong Kong. Total loss to shareholders of 3.3% over the past three years. Reported Earnings • Aug 18
First half 2021 earnings released: EPS HK$0.01 (vs HK$0.011 in 1H 2020) The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: HK$84.1m (down 34% from 1H 2020). Net income: HK$2.59m (down 6.3% from 1H 2020). Profit margin: 3.1% (up from 2.2% in 1H 2020). The increase in margin was driven by lower expenses. 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 10% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 17% share price gain to HK$1.50, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 13x in the Communications industry in Hong Kong. Total loss to shareholders of 28% over the past three years. Executive Departure • Jul 13
Executive Director Muzhong Xu has left the company On the 1st of July, Muzhong Xu's tenure as Executive Director ended after 4.8 years in the role. We don't have any record of a personal shareholding under Muzhong's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.83 years. Executive Departure • Jul 13
Executive Director Jiangping Yu has left the company On the 1st of July, Jiangping Yu's tenure as Executive Director ended after 3.0 years in the role. We don't have any record of a personal shareholding under Jiangping's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.83 years. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS HK$0.11 (vs HK$0.14 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: HK$262.6m (down 29% from FY 2019). Net income: HK$28.2m (down 21% from FY 2019). Profit margin: 11% (up from 9.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Announcement • Mar 16
Transtech Optelecom Science Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021 Transtech Optelecom Science Holdings Limited announced that they will report fiscal year 2020 results on Mar 29, 2021 Valuation Update With 7 Day Price Move • Nov 06
Market bids up stock over the past week After last week's 125% share price gain to HK$2.61, the stock is trading at a trailing P/E ratio of 38.5x, up from the previous P/E ratio of 17.1x. This compares to an average P/E of 17x in the Communications industry in Hong Kong. Total return to shareholders over the past three years is a loss of 22%. Announcement • Oct 30
Transtech Optelecom Science Holdings Limited to Report Nine Months, 2020 Results on Nov 13, 2020 Transtech Optelecom Science Holdings Limited announced that they will report nine months, 2020 results on Nov 13, 2020 Is New 90 Day High Low • Oct 28
New 90-day high: HK$1.22 The company is up 15% from its price of HK$1.06 on 30 July 2020. The Hong Kong market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Communications industry, which is up 20% over the same period. Is New 90 Day High Low • Oct 12
New 90-day high: HK$1.13 The company is up 2.0% from its price of HK$1.11 on 14 July 2020. The Hong Kong market is down 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Communications industry, which is up 26% over the same period. Announcement • Jul 30
Transtech Optelecom Science Holdings Limited to Report First Half, 2020 Results on Aug 14, 2020 Transtech Optelecom Science Holdings Limited announced that they will report first half, 2020 results on Aug 14, 2020