Reported Earnings • Nov 28
First half 2026 earnings released: EPS: HK$0.014 (vs HK$0.011 in 1H 2025) First half 2026 results: EPS: HK$0.014 (up from HK$0.011 in 1H 2025). Revenue: HK$173.2m (down 3.4% from 1H 2025). Net income: HK$14.3m (up 35% from 1H 2025). Profit margin: 8.2% (up from 5.9% in 1H 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 29% 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. New Risk • Nov 27
New major risk - Revenue and earnings growth Earnings have declined by 1.7% 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 Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$156.0m market cap, or US$20.1m). Announcement • Nov 11
Yun Lee Marine Group Holdings Limited to Report First Half, 2026 Results on Nov 26, 2025 Yun Lee Marine Group Holdings Limited announced that they will report first half, 2026 results on Nov 26, 2025 Upcoming Dividend • Aug 25
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 6.5%. Lower than top quartile of Hong Kong dividend payers (6.6%). Lower than average of industry peers (10%). Declared Dividend • Jun 28
Dividend of HK$0.01 announced Dividend of HK$0.01 is the same as last year. Ex-date: 1st September 2025 Payment date: 26th September 2025 Dividend yield will be 8.5%, which is lower than the industry average of 21%. Sustainability & Growth Dividend is covered by earnings (50% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 15% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 27
Yun Lee Marine Group Holdings Limited announces Annual dividend, payable on September 26, 2025 Yun Lee Marine Group Holdings Limited announced Annual dividend of HKD 0.0100 per share payable on September 26, 2025, ex-date on September 01, 2025 and record date on September 02, 2025. Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: HK$0.02 (vs HK$0.032 in FY 2024) Full year 2025 results: EPS: HK$0.02 (down from HK$0.032 in FY 2024). Revenue: HK$373.2m (up 12% from FY 2024). Net income: HK$19.8m (down 37% from FY 2024). Profit margin: 5.3% (down from 9.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Jun 26
Yun Lee Marine Group Holdings Limited, Annual General Meeting, Aug 26, 2025 Yun Lee Marine Group Holdings Limited, Annual General Meeting, Aug 26, 2025. New Risk • Jun 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Dividend is not well covered by cash flows (113% cash payout ratio). Profit margins are more than 30% lower than last year (5.6% net profit margin). Market cap is less than US$100m (HK$105.0m market cap, or US$13.4m). Announcement • Jun 12
Yun Lee Marine Group Holdings Limited to Report Fiscal Year 2025 Results on Jun 26, 2025 Yun Lee Marine Group Holdings Limited announced that they will report fiscal year 2025 results on Jun 26, 2025 Reported Earnings • Nov 28
First half 2025 earnings released: EPS: HK$0.011 (vs HK$0.023 in 1H 2024) First half 2025 results: EPS: HK$0.011 (down from HK$0.023 in 1H 2024). Revenue: HK$179.2m (up 14% from 1H 2024). Net income: HK$10.5m (down 54% from 1H 2024). Profit margin: 5.9% (down from 15% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year. Buy Or Sell Opportunity • Nov 18
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to HK$0.13. The fair value is estimated to be HK$0.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 8.8%. Announcement • Nov 09
Yun Lee Marine Group Holdings Limited to Report First Half, 2025 Results on Nov 26, 2024 Yun Lee Marine Group Holdings Limited announced that they will report first half, 2025 results on Nov 26, 2024 Buy Or Sell Opportunity • Sep 12
Now 28% undervalued after recent price drop Over the last 90 days, the stock has fallen 38% to HK$0.12. The fair value is estimated to be HK$0.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 8.8%. Announcement • Aug 27
Yun Lee Marine Group Holdings Limited Declares Final Dividend for the Year Ended 31 March 2024 Yun Lee Marine Group Holdings Limited declared a final dividend of 1.0 Hong Kong cent per Share of the Company for the year ended 31 March 2024, at its AGM held on 27 August 2024. Upcoming Dividend • Aug 27
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 03 September 2024. Payment date: 26 September 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 7.0%. Lower than top quartile of Hong Kong dividend payers (8.3%). Higher than average of industry peers (5.3%). Reported Earnings • Jul 30
Full year 2024 earnings released: EPS: HK$0.032 (vs HK$0.036 in FY 2023) Full year 2024 results: EPS: HK$0.032 (down from HK$0.036 in FY 2023). Revenue: HK$334.6m (up 40% from FY 2023). Net income: HK$31.6m (down 12% from FY 2023). Profit margin: 9.4% (down from 15% in FY 2023). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jul 02
Yun Lee Marine Group Holdings Limited Proposes Final Ordinary Dividend for the Year Ended 31 March 2024, Payable on 26 September 2024 Yun Lee Marine Group Holdings Limited proposed a final ordinary dividend of HKD 0.01 per share for the Year Ended 31 March 2024. The date of shareholders' approval is 27 August 2024. The ex-dividend date is 03 September 2024. The record date is 05 September 2024. The payment date is 26 September 2024. Declared Dividend • Jul 01
Dividend reduced to HK$0.01 Dividend of HK$0.01 is 44% lower than last year. Ex-date: 3rd September 2024 Payment date: 26th September 2024 Dividend yield will be 5.4%, which is lower than the industry average of 21%. Sustainability & Growth The dividend has increased by an average of 19% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jun 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.4% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (9.4% net profit margin). Market cap is less than US$100m (HK$186.0m market cap, or US$23.8m). Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: HK$0.032 (vs HK$0.036 in FY 2023) Full year 2024 results: EPS: HK$0.032 (down from HK$0.036 in FY 2023). Revenue: HK$334.6m (up 40% from FY 2023). Net income: HK$31.6m (down 12% from FY 2023). Profit margin: 9.4% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jun 28
Yun Lee Marine Group Holdings Limited, Annual General Meeting, Aug 27, 2024 Yun Lee Marine Group Holdings Limited, Annual General Meeting, Aug 27, 2024. Announcement • Jun 15
Yun Lee Marine Group Holdings Limited to Report Fiscal Year 2024 Results on Jun 27, 2024 Yun Lee Marine Group Holdings Limited announced that they will report fiscal year 2024 results on Jun 27, 2024 New Risk • Dec 14
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (HK$192.0m market cap, or US$24.6m). Reported Earnings • Nov 30
First half 2024 earnings released: EPS: HK$0.023 (vs HK$0.018 in 1H 2023) First half 2024 results: EPS: HK$0.023 (up from HK$0.018 in 1H 2023). Revenue: HK$156.7m (up 19% from 1H 2023). Net income: HK$23.1m (up 28% from 1H 2023). Profit margin: 15% (in line with 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 only increased by 19% per year, which means it is significantly lagging earnings growth. New Risk • Nov 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (HK$195.0m market cap, or US$25.0m). Announcement • Nov 17
Yun Lee Marine Group Holdings Limited to Report First Half, 2024 Results on Nov 28, 2023 Yun Lee Marine Group Holdings Limited announced that they will report first half, 2024 results on Nov 28, 2023 Buying Opportunity • Oct 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be HK$0.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 44%. Upcoming Dividend • Aug 28
Upcoming dividend of HK$0.018 per share at 8.0% yield Eligible shareholders must have bought the stock before 04 September 2023. Payment date: 27 September 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 8.0%. Within top quartile of Hong Kong dividend payers (7.7%). Lower than average of industry peers (35%). Reported Earnings • Jul 30
Full year 2023 earnings released: EPS: HK$0.036 (vs HK$0.041 in FY 2022) Full year 2023 results: EPS: HK$0.036 (down from HK$0.041 in FY 2022). Revenue: HK$239.9m (down 34% from FY 2022). Net income: HK$36.0m (down 12% from FY 2022). Profit margin: 15% (up from 11% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Jul 29
Yun Lee Marine Group Holdings Limited, Annual General Meeting, Aug 30, 2023 Yun Lee Marine Group Holdings Limited, Annual General Meeting, Aug 30, 2023, at 11:00 China Standard Time. Location: Level 22, Nexxus Building, 41 Connaught Road Central Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements and the reports of the directors and the auditors of the Company for the year ended 31 March 2023; to declare a final dividend of HK 1.3 cent per Share of the Company for the year ended 31 March 2023; to consider and re-elect Ms. Chan Sau Ling Amy as executive Director; to consider and re-elect Mr. Ng Simon as independent non-executive Director; to re-appoint Deloitte Touche Tohmatsu as the Company's auditors and to authorize the Board to determine their remuneration; and to consider any other matters. Announcement • Jun 30
Yun Lee Marine Group Holdings Limited Proposes Final Ordinary Dividend for the Year Ended 31 March 2023, Payable on 27 September 2023 Yun Lee Marine Group Holdings Limited proposed final ordinary dividend of HKD 0.018 per share for the Year Ended 31 March 2023. Date of shareholders' approval is 30 August 2023. Ex-dividend date is 02 September 2023. Record date is 06 September 2023. Payment date is 27 September 2023. Reported Earnings • Jun 29
Full year 2023 earnings released: EPS: HK$0.036 (vs HK$0.041 in FY 2022) Full year 2023 results: EPS: HK$0.036 (down from HK$0.041 in FY 2022). Revenue: HK$239.9m (down 34% from FY 2022). Net income: HK$36.0m (down 12% from FY 2022). Profit margin: 15% (up from 11% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Jun 16
Yun Lee Marine Group Holdings Limited to Report Fiscal Year 2022 Results on Jun 28, 2023 Yun Lee Marine Group Holdings Limited announced that they will report fiscal year 2022 results on Jun 28, 2023 Announcement • May 13
Yun Lee Marine Group Holdings Limited Announces Board Appointments Yun Lee Marine Group Holdings Limited announced that Mr. Simon Ng has been appointed as an independent non-executive Director of the Company, with effect from 12 May 2023. Mr. Ng, aged 49, has over 23 years of experience in the financial industry, focusing on corporate finance advisory, fund raising, direct investments and brokerage operations. Mr. Ng was a member of the board of director, the chief executive officer and a responsible officer of Hooray Securities Limited, a corporation licensed to carry out Type 1 (dealing in securities) regulated activity under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Hooray Capital Limited, a corporation licensed to carry out Type 6 (advising on corporate finance) regulated activity under the SFO until 31 March 2023. Mr. Ng obtained a Bachelor of Arts (Honours Economics) degree from Wilfrid Laurier University, Canada in 1996 and a Master of Economics degree from The University of Hong Kong in 1997. Mr. Ng was a director of Multi Profit International Investment Limited, Ever Fame Investment Limited and Crescendo Partners Asia Limited all of which were incorporated in Hong Kong and were dissolved by voluntary deregistration pursuant to section 751 of the Companies Ordinance on 16 December 2016, 1 June 2018 and 10 August 2018, respectively. Mr. Ng confirmed that the abovementioned companies were solvent at the time of their respective deregistration. Mr. Ng has been appointed as the chairman of the Nomination Committee, a member of the audit committee and a member of the remuneration committee; and Mr. Wen Tsz Kit Bondy, an executive Director, has ceased to be the chairman of the Nomination Committee and a member of the Remuneration Committee. Following the appointment of Mr. Ng, the Board comprises five members, including two executive Directors and three independent non-executive Directors. The current number of independent non-executive Directors complies with Rule 3.10(1) of the Listing Rules, and the current composition the Audit Committee complies with Rule 3.21 of the Listing Rules. Announcement • Feb 16
Yun Lee Marine Group Holdings Limited Announces Executive Changes Yun Lee Marine Group Holdings Limited announced that, Mr. Liu Hon Por Francis has tendered his resignation as an independent non-executive Director due to his personal affairs with effect from 15 February 2023. Mr. Liu has ceased to be the chairman of the nomination committee and a member of each of the remuneration committee and the audit committee of the Company with effect from 15 February 2023. The company also announce that Mr. Wen Tsz Kit Bondy has been appointed as a member of the Remuneration Committee and the Chairman of Nomination Committee of the Company, with effect from 15 February 2023. Announcement • Jan 10
Yun Lee Marine Group Holdings Limited Announces Board Changes The Board of directors of Yun Lee Marine Group Holdings Limited announces that, Mr. Wu Tai Cheung ("Mr. Wu") has tendered his resignation as an independent non-executive Director due to other business commitments with effect from 9 January 2023. Mr. Wu has ceased to be the chairman of the audit committee and a member of each of the remuneration committee and the nomination committee of the Company with effect from 9 January 2023. The Board announce that Ms. Hong Ting ("Ms. Hong") has been appointed as an independent non-executive Director, a member of the Remuneration Committee, Nomination Committee and the Chairperson of Audit Committee of the Company, with effect from 9 January 2023. Ms. Hong Ting, aged 36, obtained a Bachelor of Business degree from The Chinese University of Hong Kong in 2008. She is a fellow member of the Hong Kong Institute of Certified Public Accountants and a Certified Public Accountant (Practising) in Hong Kong. She worked for an international audit firm and has over 14 years of experience in accounting, auditing, taxation and financial consulting. Ms. Hong is currently the managing director of a certified public accountants firm in Hong Kong. Ms. Hong is also currently a non-executive director of Alco Holdings Limited and an independent non-executive director of Wai Chun Bio-Technology Limited. Announcement • Dec 31
Yun Lee Marine Group Holdings Limited Announces Executive Changes Yun Lee Marine Group Holdings Limited announces that, Mr. Fu Bradley ("Mr. Fu") has tendered his resignation as an independent non-executive Director due to other business commitments with effect from 30 December 2022. Mr. Fu has ceased to be the chairman of the remuneration committee and a member of each of the audit committee and the nominationcommittee of the Company with effect from 30 December 2022. Ms. Chan Hei Ting, aged 30, has practiced as a barrister-at-law in Hong Kong since 2019. Ms. Chan obtained her double-degree of Bachelor of Arts in English Studies and Bachelor of Education in English Language Education in 2015 and Degree of Juris Doctor in 2017 from The Chinese University of Hong Kong. Ms. Chan obtained Postgraduate Certificate in Laws in 2018 from The Chinese University of Hong Kong. She was called to the Bar in Hong Kong in 2019. Ms. Chan has a broad-based civil practice, undertaking work in all aspects of contract, company, insolvency, land and employment disputes. Reported Earnings • Dec 30
First half 2023 earnings released: EPS: HK$0.018 (vs HK$0.013 in 1H 2022) First half 2023 results: EPS: HK$0.018 (up from HK$0.013 in 1H 2022). Revenue: HK$131.6m (down 9.6% from 1H 2022). Net income: HK$18.1m (up 39% from 1H 2022). Profit margin: 14% (up from 9.0% in 1H 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Dec 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 2.5%. The fair value is estimated to be HK$0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 54%. Reported Earnings • Nov 29
First half 2023 earnings released: EPS: HK$0.018 (vs HK$0.013 in 1H 2022) First half 2023 results: EPS: HK$0.018 (up from HK$0.013 in 1H 2022). Revenue: HK$131.6m (down 9.6% from 1H 2022). Net income: HK$18.1m (up 39% from 1H 2022). Profit margin: 14% (up from 9.0% in 1H 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Nov 16
Yun Lee Marine Group Holdings Limited to Report First Half, 2023 Results on Nov 28, 2022 Yun Lee Marine Group Holdings Limited announced that they will report first half, 2023 results on Nov 28, 2022 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. 5 experienced directors. No highly experienced directors. Independent Non Executive Director Douglas Wu 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. Announcement • Aug 31
Yun Lee Marine Group Holdings Limited Declares Final Dividend for the Year Ended 31 March 2022 Yun Lee Marine Group Holdings Limited announced that at the AGM held on 30 August 2022, the company declared a final dividend of HK 2.0 cents per Share of the company for the year ended 31 March 2022. Upcoming Dividend • Aug 26
Upcoming dividend of HK$0.02 per share Eligible shareholders must have bought the stock before 02 September 2022. Payment date: 20 September 2022. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 7.5%. Lower than top quartile of Hong Kong dividend payers (8.2%). Lower than average of industry peers (17%). Buying Opportunity • Aug 15
Now 26% undervalued Over the last 90 days, the stock is up 48%. The fair value is estimated to be HK$0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 46%. Reported Earnings • Aug 03
Full year 2022 earnings released: EPS: HK$0.041 (vs HK$0.025 in FY 2021) Full year 2022 results: EPS: HK$0.041 (up from HK$0.025 in FY 2021). Revenue: HK$364.0m (up 61% from FY 2021). Net income: HK$40.8m (up 63% from FY 2021). Profit margin: 11% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jul 05
Yun Lee Marine Group Holdings Limited Recommends Final Dividend for the Year Ended 31 March 2022, Payable on 20 September 2022 Yun Lee Marine Group Holdings Limited recommended the payment of a final dividend of HKD 0.02 per share in respect of the year ended 31 March 2022. The proposed final dividend, if approved at the forthcoming annual general meeting to be held on 30 August 2022, will be paid on 20 September 2022 to the shareholders on the register of members as at 6 September 2022. Buying Opportunity • Jul 05
Now 22% undervalued Over the last 90 days, the stock is up 24%. The fair value is estimated to be HK$0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 46%. Reported Earnings • Jun 29
Full year 2022 earnings released: EPS: HK$0.041 (vs HK$0.025 in FY 2021) Full year 2022 results: EPS: HK$0.041 (up from HK$0.025 in FY 2021). Revenue: HK$364.0m (up 61% from FY 2021). Net income: HK$40.8m (up 63% from FY 2021). Profit margin: 11% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 17
Yun Lee Marine Group Holdings Limited to Report Fiscal Year 2022 Results on Jun 28, 2022 Yun Lee Marine Group Holdings Limited announced that they will report fiscal year 2022 results on Jun 28, 2022 Announcement • Jun 16
Yun Lee Marine Group Holdings Limited Provides Unaudited Consolidated Financial Guidance for the Year Ended 31 March 2022 Yun Lee Marine Group Holdings Limited provided unaudited consolidated financial guidance for the year ended 31 March 2022. The company expected that the Group's unaudited profits attributable to the owners of the Company will record an increase of not less than 60% as compared to that of HKD 25,020,000 for the year ended 31 March 2021. Such expected increase in the Group's unaudited profits attributable to the equity owner of the Company was mainly attributable to the increase in the demands for the Group's vessel chartering and related services from short term marine services projects during the year. 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. 5 experienced directors. No highly experienced directors. Independent Non Executive Director Douglas Wu 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 • Dec 31
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: HK$0.013 (up from HK$0.01 in 1H 2021). Revenue: HK$145.5m (up 45% from 1H 2021). Net income: HK$13.0m (up 25% from 1H 2021). Profit margin: 9.0% (down from 10% in 1H 2021). Revenue was in line with analyst estimates. Reported Earnings • Nov 27
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: HK$0.013 (up from HK$0.01 in 1H 2021). Revenue: HK$145.5m (up 45% from 1H 2021). Net income: HK$13.0m (up 25% from 1H 2021). Profit margin: 9.0% (down from 10% in 1H 2021). Revenue was in line with analyst estimates. Board Change • Nov 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. 5 experienced directors. No highly experienced directors. Independent Non Executive Director Douglas Wu 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. Board Change • Oct 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. 5 experienced directors. No highly experienced directors. Independent Non Executive Director Douglas Wu 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. Upcoming Dividend • Aug 24
Upcoming dividend of HK$0.013 per share Eligible shareholders must have bought the stock before 31 August 2021. Payment date: 16 September 2021. Trailing yield: 7.2%. Within top quartile of Hong Kong dividend payers (6.7%). Higher than average of industry peers (5.4%). Reported Earnings • Jun 30
Full year 2021 earnings released: EPS HK$0.025 (vs HK$0.01 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$226.2m (up 12% from FY 2020). Net income: HK$25.0m (up 158% from FY 2020). Profit margin: 11% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Reported Earnings • Dec 25
First half 2021 earnings released: EPS HK$0.01 The company reported a decent first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: HK$100.2m (flat on 1H 2020). Net income: HK$10.4m (up 18% from 1H 2020). Profit margin: 10% (up from 8.8% in 1H 2020). The increase in margin was driven by lower expenses. Reported Earnings • Nov 26
First half 2021 earnings released: EPS HK$0.01 The company reported a decent first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: HK$100.2m (flat on 1H 2020). Net income: HK$10.4m (up 18% from 1H 2020). Profit margin: 10% (up from 8.8% in 1H 2020). The increase in margin was driven by lower expenses. Announcement • Jul 06
Yun Lee Marine Group Holdings Limited to Report Fiscal Year 2020 Results on Jun 26, 2020 Yun Lee Marine Group Holdings Limited announced that they will report fiscal year 2020 results on Jun 26, 2020