Buy Or Sell Opportunity • Jun 29
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to €0.083. The fair value is estimated to be €0.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 38%. Declared Dividend • Jun 29
First half dividend of HK$0.02 announced Shareholders will receive a dividend of HK$0.02. Ex-date: 18th August 2026 Payment date: 3rd September 2026 Dividend yield will be 28%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control. EPS is expected to grow by 8.1% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. New Risk • Jun 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. Earnings have declined by 38% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Tillkännagivande • Jun 26
Pacific Textiles Holdings Limited, Annual General Meeting, Aug 13, 2026 Pacific Textiles Holdings Limited, Annual General Meeting, Aug 13, 2026. Tillkännagivande • Jun 09
Pacific Textiles Holdings Limited to Report Fiscal Year 2026 Results on Jun 25, 2026 Pacific Textiles Holdings Limited announced that they will report fiscal year 2026 results on Jun 25, 2026 Buy Or Sell Opportunity • May 25
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to €0.10. The fair value is estimated to be €0.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 38%. Tillkännagivande • Nov 28
Pacific Textiles Holdings Limited Announces Interim Ordinary Dividend for the Six Months Ended 30 September 2025, Payable on 30 December 2025 Pacific Textiles Holdings Limited announced Interim ordinary Dividend of HKD 0.05 per share for the six months ended 30 September 2025. Ex-dividend date: 11 December 2025. Record date:17 December 2025. Payment date:30 December 2025. Tillkännagivande • Oct 21
Pacific Textiles Holdings Limited to Report First Half, 2026 Results on Nov 28, 2025 Pacific Textiles Holdings Limited announced that they will report first half, 2026 results on Nov 28, 2025 Tillkännagivande • Jul 03
Pacific Textiles Holdings Limited Announces Production Level of the Vietnam Hai Duong Plant Is Ready to Fully Resume Pacific Textiles Holdings Limited announced that the replacement of certain damaged knitting machines for the Vietnam Hai Duong Plant has been completed. The new knitting machines have been fully commissioned and operational as at the date of this announcement. The production level of the Vietnam Hai Duong Plant is ready to fully resume back to similar production level prior to the effect of Typhoon Yagi. Tillkännagivande • Jun 30
Pacific Textiles Holdings Limited Announces Board Changes, Effective July 1, 2025 Pacific Textiles Holdings Limited announced that Mr. Kyuichi Fukumoto has resigned as an executive Director and a member of the remuneration committee of the Company with effect from July 1, 2025, to pursue his career development. The Board announced that Mr. Kenjiro Ashitani has been appointed as an executive Director and a member of the remuneration committee of the Company with effect from July 1, 2025. Mr. Kenjiro Ashitani, aged 49, graduated with a Bachelor of Business Administration from the College of Business Administration of Yokohama National University in March 1999. After his graduation, Mr. Ashitani joined Toray Industries Inc. ("Toray"), which is listed on the Tokyo Stock Exchange in Japan and is a substantial shareholder of the Company. He began his career at the Pharmaceutical Production Department of Mishima Plant of Toray, and subsequently held various positions in the Management Department of Du Pont-Toray Co. Ltd. He began working in the Finance Department of Toray in October 2009. He was the Treasurer of Toray Membrane USA Inc. from April 2015 to September 2018, and the General Manager of Toray Plastics (America) Inc. from September 2018 to June 2021. Mr. Ashitani went on to hold various senior positions in Toray including, the Manager of the Finance Department since June 2021 and the Assistant General Manager of the Investor Relations Department since April 2023. Tillkännagivande • Jun 26
Pacific Textiles Holdings Limited, Annual General Meeting, Aug 14, 2025 Pacific Textiles Holdings Limited, Annual General Meeting, Aug 14, 2025. Tillkännagivande • Jun 11
Pacific Textiles Holdings Limited to Report Fiscal Year 2025 Results on Jun 26, 2025 Pacific Textiles Holdings Limited announced that they will report fiscal year 2025 results on Jun 26, 2025 Tillkännagivande • Nov 21
Pacific Textiles Holdings Limited Announces Interim Dividend for the Six Months Ended 30 September 2024, Payable on 18 December 2024 Pacific Textiles Holdings Limited announced an interim dividend of HKD 0.07 per share for the six months ended 30 September 2024. The ex-dividend date is 04 December 2024 and the record date is 10 December 2024. The payment date is on 18 December 2024. Tillkännagivande • Oct 18
Pacific Textiles Holdings Limited to Report First Half, 2025 Results on Nov 21, 2024 Pacific Textiles Holdings Limited announced that they will report first half, 2025 results on Nov 21, 2024 Tillkännagivande • Sep 12
Pacific Textiles Holdings Limited Announces Temporary Suspension of Plant Located at Lai Vu Commune, Hai Duong Province, Vietnam as Result of the Hit of Super Typhoon Yagi Pacific Textiles Holdings Limited announced that as a result of the hit of super typhoon yagi (the "Typhoon Yagi") on 7 September 2024, the Company's plant located at Lai Vu Commune, Hai Duong Province, Vietnam ("Vietnam Hai Duong Plant") has temporarily suspended production due to business interruption and damage on the production facilities and inventories. The operation of the Group's other two production plants remains intact. After preliminary assessment, the temporary suspension of production at Vietnam Hai Duong Plant is estimated to last for around four weeks, which could lead to a decrease in the production volume of approximately 2.2 million pounds, and delay in delivery of products from Vietnam Hai Duong Plant. In order to mitigate the loss and minimize the impact to customers caused by the temporary suspension of production, the Company has swiftly reallocated the production orders to the Company's plant in Guangdong Province, China and the plant in Nam Dinh Province, Vietnam. The management of the Group is supervising the redeployment of resources and use its best effort to ensure the customers' orders are fulfilled timely or with minimal delay (if any). The business interruption and damage of the property and inventories have been reported to the relevant insurance broker and insurance companies. As at the date of this announcement, the Company is closely liaising with the insurance broker and insurance companies, and the financial impact arising from the Typhoon Yagi is still under assessment. A special task force led by the Chairman has been formed and the Company is focusing on taking measures with a view to restore production of the Vietnam Hai Duong Plant as soon as possible. The board of directors of the Company will continue to assess the impact of temporary suspension of production and closely monitor the progress on resumption of Vietnam Hai Duong Plant. Further announcement will be made by the Company as and when appropriate pursuant to the Listing Rules. Upcoming Dividend • Aug 13
Upcoming dividend of HK$0.05 per share Eligible shareholders must have bought the stock before 20 August 2024. Payment date: 05 September 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.4%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (0.8%). Tillkännagivande • Jun 28
Pacific Textiles Holdings Limited, Annual General Meeting, Aug 15, 2024 Pacific Textiles Holdings Limited, Annual General Meeting, Aug 15, 2024. Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: HK$0.12 (vs HK$0.19 in FY 2023) Full year 2024 results: EPS: HK$0.12 (down from HK$0.19 in FY 2023). Revenue: HK$4.67b (down 7.0% from FY 2023). Net income: HK$167.1m (down 38% from FY 2023). Profit margin: 3.6% (down from 5.4% in FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Luxury industry in Europe. 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 31% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jun 27
Pacific Textiles Holdings Limited Proposes Final Dividend for the Year Ended March 31, 2024, Payable on September 5, 2024 Pacific Textiles Holdings Limited proposed final dividend of HKD 0.05 per share for the year ended March 31, 2024, payable on September 5, 2024; Record date: August 26, 2024; Ex-dividend date: August 20, 2024; Date of shareholders' approval: August 15, 2024. 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 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Paying a dividend despite having no free cash flows. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Tillkännagivande • Jun 14
Pacific Textiles Holdings Limited to Report Fiscal Year 2024 Final Results on Jun 27, 2024 Pacific Textiles Holdings Limited announced that they will report fiscal year 2024 final results on Jun 27, 2024 Tillkännagivande • May 25
Pacific Textiles Holdings Limited Proposes Earnings Guidance for the Financial Year Ended 31 March 2024 Pacific Textiles Holdings Limited proposed earnings guidance for the financial year ended 31 March 2024. For the year, the profit attributable to equity holders of the Company may decrease by approximately 60.6%, from HKD 268.6 million for the financial year ended 31 March 2023 to around HKD 105.9 million for the financial year ended 31 March 2024. New Risk • Mar 18
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 German stocks, typically moving 7.0% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Upcoming Dividend • Nov 29
Upcoming dividend of HK$0.07 per share at 13% yield Eligible shareholders must have bought the stock before 06 December 2023. Payment date: 20 December 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 13%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (0.7%). Reported Earnings • Nov 25
First half 2024 earnings released: EPS: HK$0.089 (vs HK$0.18 in 1H 2023) First half 2024 results: EPS: HK$0.089 (down from HK$0.18 in 1H 2023). Revenue: HK$2.29b (down 17% from 1H 2023). Net income: HK$124.5m (down 50% from 1H 2023). Profit margin: 5.4% (down from 9.0% in 1H 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year whereas the company’s share price has fallen by 34% per year. Tillkännagivande • Nov 24
Pacific Textiles Holdings Limited Announces Interim Dividend for the Six Months Ended September 30, 2023, Payable on December 20, 2023 Pacific Textiles Holdings Limited announced interim dividend of HKD 0.07 per share for the six months ended September 30, 2023. Ex-dividend date is December 6, 2023. Record date is December 12, 2023. Payment date is December 20, 2023. New Risk • Nov 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% 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 Dividend is not well covered by cash flows (98% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Tillkännagivande • Oct 21
Pacific Textiles Holdings Limited to Report First Half, 2024 Results on Nov 23, 2023 Pacific Textiles Holdings Limited announced that they will report first half, 2024 results on Nov 23, 2023 New Risk • Aug 22
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 German stocks, typically moving 8.7% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 98% Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin). Upcoming Dividend • Aug 08
Upcoming dividend of HK$0.04 per share at 9.8% yield Eligible shareholders must have bought the stock before 15 August 2023. Payment date: 31 August 2023. Payout ratio is on the higher end at 100%, and the cash payout ratio is above 100%. Trailing yield: 9.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (0.7%). Tillkännagivande • Jul 12
Pacific Textiles Holdings Limited, Annual General Meeting, Aug 10, 2023 Pacific Textiles Holdings Limited, Annual General Meeting, Aug 10, 2023, at 10:00 China Standard Time. Location: Unit B1, 7th Floor, Block B, Eastern Sea Industrial Building 4856 Tai Lin Pai Road, Kwai Chung, New Territories Kwai Chung Hong Kong Agenda: To receive and consider the audited financial statements and the reports of the directors and auditor for the year ended 31 March 2023; to consider and declare a final dividend for the year ended 31 March 2023; to re-elect the retiring directors and authorize the board of directors to fix the remuneration of directors; to re-appoint PricewaterhouseCoopers as auditor of the Company and authorize the board of directors to fix the remuneration of the auditor; and to consider other matters. New Risk • Jun 25
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: 5.4% Last year net profit margin: 9.4% 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 Dividend is not well covered by earnings (100% payout ratio). Profit margins are more than 30% lower than last year (5.4% net profit margin). Tillkännagivande • Jun 24
Pacific Textiles Holdings Limited Proposes Final Dividend for the Year Ended March 31, 2023, Payable on August 31, 2023 Pacific Textiles Holdings Limited proposed final dividend of HKD 0.04 per share for the year ended March 31, 2023. Ex-dividend date is August 15, 2023. Record date is August 21, 2023. Payment date is August 31, 2023. Date of shareholders approval is August 10, 2023. Reported Earnings • Jun 23
Full year 2023 earnings released: EPS: HK$0.19 (vs HK$0.41 in FY 2022) Full year 2023 results: EPS: HK$0.19 (down from HK$0.41 in FY 2022). Revenue: HK$5.02b (down 17% from FY 2022). Net income: HK$268.6m (down 53% from FY 2022). Profit margin: 5.4% (down from 9.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Luxury industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 21% per year. Tillkännagivande • Jun 15
Pacific Textiles Holdings Limited Provides Earnings Guidance for the Fiscal Year Ended 31 March 2023 Pacific Textiles Holdings Limited provided earnings guidance for the fiscal year ended 31 March 2023. For the period, the company expects based on the preliminary assessment of the currently available information, the profit attributable to equity holders of the Company may decrease by around 53.1%, from HKD 573 million for the year ended 31 March 2022 to around HKD 269 million for the year ended 31 March 2023. Tillkännagivande • Jun 07
Pacific Textiles Holdings Limited to Report Fiscal Year 2023 Results on Jun 23, 2023 Pacific Textiles Holdings Limited announced that they will report fiscal year 2023 results on Jun 23, 2023 Tillkännagivande • May 06
Pacific Textiles Holdings Limited Announces Retirement of Lau Yiu Tong as Non-Executive Director, Effective 1 June 2023 Pacific Textiles Holdings Limited announced that Mr. Lau Yiu Tong will retire as non-executive Director of the Company with effect from 1 June 2023 due to his plan of retirement. Tillkännagivande • Feb 11
Pacific Textiles Holdings Limited Announces Appointment of Ling Chi Wo Teresa as Independent Non-Executive Director, Effective March 1, 2023 Pacific Textiles Holdings Limited announced that Ms. Ling Chi Wo Teresa has been appointed as an independent non-executive Director and a member of each of the Audit Committee, Nomination Committee and Remuneration Committee of the Company with effect from 1 March 2023. Ms. Ling, aged 64, possess ample years of experience in business management. She has been working for Newtimes group of companies, a privately held apparel development and sourcing group with its headquarter in Hong Kong, for over 30 years. She became the director of Newtimes (HK) Limited since 2014. In addition, Ms. Ling is currently a director of Ling Charitable Foundation Limited. Ms. Ling holds a Bachelor of Arts Degree in Psychology from University of California, Berkeley. She also obtained a Master of Business Administration Degree from California State University, East Bay. Upcoming Dividend • Nov 30
Upcoming dividend of HK$0.15 per share Eligible shareholders must have bought the stock before 07 December 2022. Payment date: 21 December 2022. Payout ratio is on the higher end at 86%, and the cash payout ratio is above 100%. Trailing yield: 11%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.3%). Reported Earnings • Nov 25
First half 2023 earnings released First half 2023 results: Revenue: HK$2.76b (down 13% from 1H 2022). Net income: HK$248.2m (down 29% from 1H 2022). Profit margin: 9.0% (down from 11% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Luxury industry in Germany. Tillkännagivande • Nov 25
Pacific Textiles Holdings Limited Announces Interim Dividend for the Six Months Ended 30 September 2022, Payable on 21 December 2022 Pacific Textiles Holdings Limited announced the interim dividend of HKD 0.15 per share for the six months ended 30 September 2022, payable on 21 December 2022 with record date of 13 December 2022 and ex-dividend date is 07 December 2022. Board Change • Nov 16
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. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Michael Chan was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Nov 12
Pacific Textiles Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 September 2022 Pacific Textiles Holdings Limited provided earnings guidance for the six months ended 30 September 2022. For the six months, the company expected the profit attributable to equity holders of the Company may decrease by around 28.6%, from HKD 348 million for the six months ended 30 September 2021 to around HKD 248 million for the six months ended 30 September 2022. The downturn was caused by many factors, inter alia, mainly due to (i) the decrease in sales volume and sales revenue by approximately 22.3% and approximately 12.7% respectively; (ii) higher fixed cost absorption arising from lower utilization of production facilities; and (iii) continuous increase in production costs, such as raw material and fuel during the Reporting Period. Tillkännagivande • Oct 22
Pacific Textiles Holdings Limited to Report First Half, 2023 Results on Nov 24, 2022 Pacific Textiles Holdings Limited announced that they will report first half, 2023 results on Nov 24, 2022 Tillkännagivande • Sep 16
Pacific Textiles Holdings Limited Announces Executive Changes The board (the "Board") of directors (the "Directors") of Pacific Textiles Holdings Limited (the "Company", together with its subsidiaries, the "Group") announces that with effect from 1 October 2022, Mr. Wan Wai Loi ("Mr. Wan") has resigned as an executive Director and Vice Chairman of the Board due to his plan of retirement. Mr. Wan will cease to act as a member of each of nomination committee and remuneration committee of the Company. Mr. Wan has confirmed that (i) he has no claim whatsoever against the Company for fees, compensation for loss of office, remuneration, severance payments, pension, expenses or otherwise; (ii) he has no disagreement with the Board; and (iii) there are no matters relating to his resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. Following Mr. Wan's resignation with effect from 1 October 2022, Mr. Tou Kit Vai ("Mr. Tou"), an executive Director, has been appointed as a member of nomination committee of the Company and Mr. Kyuichi Fukumoto ("Mr. Fukumoto"), an executive Director, has been appointed as a member of remuneration committee of the Company. Tillkännagivande • Aug 13
Pacific Textiles Holdings Limited Announces Executive Changes The board of directors of Pacific Textiles Holdings Limited announced that Ms. Chan Sau Yee has resigned as the company secretary of the Company. The Board announced that Mr. Tou Kit Vai, executive director and chief financial officer of the Company, will be appointed as the Company Secretary and an Authorized Representative of the Company with effect from 12 August 2022. Mr. Tou joined the Company in 2013 and became Chief Financial Officer on 1 April 2014. Mr. Tou has been appointed as an Executive Director from 1 July 2017. Mr. Tou has extensive experience in factor operations, financial management, project management and ERP system. He is responsible for overseeing the corporate financial management, information technology and back office operations. Mr. Tou is a fellow member of The Hong Kong Institute of Certified Public Accountants and The Association of Chartered Certified Accountants. Upcoming Dividend • Aug 09
Upcoming dividend of HK$0.14 per share Eligible shareholders must have bought the stock before 16 August 2022. Payment date: 01 September 2022. Payout ratio is on the higher end at 86%, and the cash payout ratio is above 100%. Trailing yield: 9.0%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.6%). Reported Earnings • Jun 24
Full year 2022 earnings released: EPS: HK$0.41 (vs HK$0.51 in FY 2021) Full year 2022 results: EPS: HK$0.41 (down from HK$0.51 in FY 2021). Revenue: HK$6.07b (up 13% from FY 2021). Net income: HK$572.7m (down 21% from FY 2021). Profit margin: 9.4% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 10%, compared to a 14% growth forecast for the industry in Germany. Tillkännagivande • Jun 08
Pacific Textiles Holdings Limited to Report Fiscal Year 2022 Final Results on Jun 23, 2022 Pacific Textiles Holdings Limited announced that they will report fiscal year 2022 final results on Jun 23, 2022 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 Michael Chan was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 01
Upcoming dividend of HK$0.21 per share Eligible shareholders must have bought the stock before 08 December 2021. Payment date: 22 December 2021. Trailing yield: 11%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.0%). Reported Earnings • Nov 26
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: EPS: HK$0.25 (down from HK$0.27 in 1H 2021). Revenue: HK$3.16b (up 29% from 1H 2021). Net income: HK$347.7m (down 7.4% from 1H 2021). Profit margin: 11% (down from 15% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 4.6%, compared to a 4.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Aug 10
Upcoming dividend of HK$0.22 per share Eligible shareholders must have bought the stock before 17 August 2021. Payment date: 02 September 2021. Trailing yield: 10.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%). Reported Earnings • Jul 15
Full year 2021 earnings released: EPS HK$0.51 (vs HK$0.52 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: HK$5.38b (down 1.7% from FY 2020). Net income: HK$721.5m (down 3.0% from FY 2020). Profit margin: 13% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS HK$0.51 (vs HK$0.52 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: HK$5.38b (down 1.7% from FY 2020). Net income: HK$721.5m (down 3.0% from FY 2020). Profit margin: 13% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 07
New 90-day high: €0.58 The company is up 13% from its price of €0.52 on 07 December 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.67 per share. Reported Earnings • Dec 03
First half 2021 earnings released: EPS HK$0.27 The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: HK$2.45b (down 19% from 1H 2020). Net income: HK$375.6m (down 8.8% from 1H 2020). Profit margin: 15% (up from 14% 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 5% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 20
First half 2021 earnings released: EPS HK$0.27 The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: HK$2.45b (down 19% from 1H 2020). Net income: HK$375.6m (down 8.8% from 1H 2020). Profit margin: 15% (up from 14% 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 5% per year whereas the company’s share price has fallen by 9% per year. Is New 90 Day High Low • Nov 16
New 90-day high: €0.53 The company is up 41% from its price of €0.37 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.61 per share. Is New 90 Day High Low • Oct 15
New 90-day high: €0.45 The company is up 9.0% from its price of €0.41 on 17 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.70 per share.