New Risk • Jun 26
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 High level of non-cash earnings (92% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Announcement • May 30
Logory Logistics Technology Co., Ltd. Announces Board and Committee Changes Logory Logistics Technology Co., Ltd. at its AGM held on May 28, 2026, Mr. Liu Yunbo was appointed as an independent non-executive Director of the sixth session of the Board. The terms of office of Mr. Liu shall commence from the date of approval at the Annual General Meeting (i.e. May 28, 2026) to the expiry of the term of the sixth session of the Board. Mr. Liu shal be eligible for re-election upon the expiry of his terms of of ice according to the Articles of Association. Composition of Committee Includes: Audit Committee: Mr. Li Dong (Chairman), Mr. Liu Yunbo and Mr. Dai Dingyi. Remuneration Committee: Mr. Liu Yunbo (Chairman), Mr. Li Dong, Mr. Du Bing. Nomination Committee: Mr. Dai Dingyi (Chairman), Mr. Liu Yunbo, Mr. Feng Lei, Mr. Li Dong and Ms. Wang Yao. New Risk • May 04
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. This is currently the only risk that has been identified for the company. Board Change • Apr 17
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 not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Xiao Feng Liu was the last independent director to join the board, commencing their role in 2021. 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 • Apr 03
Full year 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.036 in FY 2024) Full year 2025 results: EPS: CN¥0.031 (down from CN¥0.036 in FY 2024). Revenue: CN¥4.53b (down 40% from FY 2024). Net income: CN¥43.5m (down 13% from FY 2024). Profit margin: 1.0% (up from 0.7% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Announcement • Apr 01
Logory Logistics Technology Co., Ltd., Annual General Meeting, May 28, 2026 Logory Logistics Technology Co., Ltd., Annual General Meeting, May 28, 2026. Announcement • Mar 17
Logory Logistics Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Logory Logistics Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 New Risk • Mar 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$766.6m (US$98.1m) This is considered a minor 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. New Risk • Nov 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$1.08, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 16x in the Logistics industry in Hong Kong. Total returns to shareholders of 42% over the past year. Reported Earnings • Sep 01
First half 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.017 in 1H 2024) First half 2025 results: EPS: CN¥0.02 (up from CN¥0.017 in 1H 2024). Revenue: CN¥3.03b (down 7.0% from 1H 2024). Net income: CN¥28.0m (up 17% from 1H 2024). Profit margin: 0.9% (up from 0.7% in 1H 2024). The increase in margin was driven by lower expenses. Announcement • Aug 18
Logory Logistics Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Logory Logistics Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to HK$1.10, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 10x in the Logistics industry in Hong Kong. Total returns to shareholders of 55% over the past year. New Risk • Jun 11
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. This is currently the only risk that has been identified for the company. Announcement • Jun 10
Logory Logistics Technology Co., Ltd. Appoints Long Ke as an Executive Director Logory Logistics Technology Co., Ltd. at its AGM held on June 10, 2025 appointed Long Ke as an executive Director of the fifth session of the Board. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to HK$1.23, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 11x in the Logistics industry in Hong Kong. Total returns to shareholders of 73% over the past year. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$1.59, the stock trades at a trailing P/E ratio of 41.7x. Average trailing P/E is 11x in the Logistics industry in Hong Kong. Total returns to shareholders of 99% over the past year. Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.021 loss in FY 2023) Full year 2024 results: EPS: CN¥0.04 (up from CN¥0.021 loss in FY 2023). Revenue: CN¥7.54b (up 34% from FY 2023). Net income: CN¥50.0m (up CN¥79.6m from FY 2023). Profit margin: 0.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Announcement • Mar 29
Logory Logistics Technology Co., Ltd., Annual General Meeting, Jun 10, 2025 Logory Logistics Technology Co., Ltd., Annual General Meeting, Jun 10, 2025. Announcement • Mar 18
Logory Logistics Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 Logory Logistics Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to HK$1.01, the stock trades at a trailing P/E ratio of 63.7x. Average trailing P/E is 13x in the Logistics industry in Hong Kong. Total returns to shareholders of 26% over the past year. New Risk • Jan 16
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). High level of non-cash earnings (99% accrual ratio). New Risk • Nov 04
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 14% 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 High level of non-cash earnings (99% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Sep 27
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 High level of non-cash earnings (99% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Aug 16
Logory Logistics Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Logory Logistics Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • May 30
Logory Logistics Technology Co., Ltd. Approves Appointment of Fu Da as Non-Executive Director Logory Logistics Technology Co., Ltd. at its Annual General Meeting held on May 29, 2024, to consider and approve the appointment of Mr. Fu Da as a non-executive Director of the Company. Announcement • Mar 28
Logory Logistics Technology Co., Ltd., Annual General Meeting, May 29, 2024 Logory Logistics Technology Co., Ltd., Annual General Meeting, May 29, 2024. Reported Earnings • Mar 28
Full year 2023 earnings released: CN¥0.02 loss per share (vs CN¥0.001 profit in FY 2022) Full year 2023 results: CN¥0.02 loss per share (down from CN¥0.001 profit in FY 2022). Revenue: CN¥5.62b (down 9.5% from FY 2022). Net loss: CN¥29.6m (down CN¥31.0m from profit in FY 2022). New Risk • Mar 18
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 Risk Earnings have declined by 47% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Announcement • Mar 16
Logory Logistics Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 27, 2024 Logory Logistics Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Dec 29
Logory Logistics Technology Co., Ltd. Announces the Resignation of Mr. Liu Junjie as Non-Executive Director The board of directors of Logory Logistics Technology Co., Ltd. announced that Mr. Liu Junjie (Mr. Liu) will resign from his position as a non-executive Director of the Company in order to devote more time to his other work and personal commitments, and his resignation will take effect on December 29, 2023. Reported Earnings • Sep 03
First half 2023 earnings released First half 2023 results: CN¥0.02 loss per share. Net loss: CN¥26.2m (flat on 1H 2022). Announcement • Aug 18
Logory Logistics Technology Co., Ltd. to Report First Half, 2023 Results on Aug 31, 2023 Logory Logistics Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 31, 2023 Board Change • Mar 10
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). CEO, GM & Executive Director Bing Du is the most experienced director on the board, commencing their role in 2010. Independent Non-Executive Director Xiaofeng Liu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.