Tillkännagivande • Jun 17
ITE (Holdings) Limited, Annual General Meeting, Aug 03, 2026 ITE (Holdings) Limited, Annual General Meeting, Aug 03, 2026. Declared Dividend • Jun 17
Dividend of HK$0.0018 announced Shareholders will receive a dividend of HK$0.0018. Ex-date: 24th August 2026 Payment date: 18th September 2026 Dividend yield will be 4.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (60% cash payout ratio). 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 decline by 4.7% to shift the payout ratio to a potentially unsustainable range, which is less than the 25% EPS decline seen over the last 5 years. Reported Earnings • Jun 16
Full year 2026 earnings released: EPS: HK$0.002 (vs HK$0.002 in FY 2025) Full year 2026 results: EPS: HK$0.002 (in line with FY 2025). Revenue: HK$14.6m (up 15% from FY 2025). Net income: HK$1.96m (down 5.2% from FY 2025). Profit margin: 13% (down from 16% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jun 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.6% to HK$0.037. The fair value is estimated to be HK$0.047, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 33%. Tillkännagivande • Jun 02
ITE (Holdings) Limited to Report Fiscal Year 2026 Results on Jun 15, 2026 ITE (Holdings) Limited announced that they will report fiscal year 2026 results on Jun 15, 2026 New Risk • May 29
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 Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (HK$36.1m market cap, or US$4.61m). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (13% average weekly change). Revenue is less than US$5m (HK$14m revenue, or US$1.7m). Buy Or Sell Opportunity • Apr 27
Now 22% undervalued Over the last 90 days, the stock has risen 22% to HK$0.033. The fair value is estimated to be HK$0.042, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 33%. Buy Or Sell Opportunity • Apr 03
Now 21% undervalued Over the last 90 days, the stock has risen 17% to HK$0.034. The fair value is estimated to be HK$0.043, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 33%. Buy Or Sell Opportunity • Feb 06
Now 20% undervalued Over the last 90 days, the stock has risen 13% to HK$0.036. The fair value is estimated to be HK$0.045, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 33%. New Risk • Feb 03
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 17% 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 (17% average weekly change). Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (HK$41.6m market cap, or US$5.33m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (HK$14m revenue, or US$1.7m). Reported Earnings • Nov 16
First half 2026 earnings released: EPS: HK$0.001 (vs HK$0.001 in 1H 2025) First half 2026 results: EPS: HK$0.001 (in line with 1H 2025). Revenue: HK$6.96m (up 16% from 1H 2025). Net income: HK$727.0k (up 15% from 1H 2025). Profit margin: 11% (in line with 1H 2025). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Tillkännagivande • Oct 24
ITE (Holdings) Limited to Report First Half, 2026 Results on Nov 07, 2025 ITE (Holdings) Limited announced that they will report first half, 2026 results on Nov 07, 2025 Buy Or Sell Opportunity • Aug 07
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 62% to HK$0.042. The fair value is estimated to be HK$0.034, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 32% over the last 3 years. Earnings per share has declined by 38%. Tillkännagivande • Aug 04
ITE (Holdings) Limited Declares Final Dividend for the Year Ended 31 March 2025 ITE (Holdings) Limited at its AGM held on 4 August 2025, approved to declare a final dividend of HKD 0.2 cents per share for the year ended 31 March 2025. New Risk • Jul 03
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 15% 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 18% per year over the past 5 years. Market cap is less than US$10m (HK$43.5m market cap, or US$5.54m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (HK$13m revenue, or US$1.6m). Buy Or Sell Opportunity • Jul 03
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 68% to HK$0.047. The fair value is estimated to be HK$0.036, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 32% over the last 3 years. Earnings per share has declined by 38%. Declared Dividend • Jun 18
Dividend of HK$0.002 announced Shareholders will receive a dividend of HK$0.002. Ex-date: 25th August 2025 Payment date: 19th September 2025 Dividend yield will be 6.9%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (89.7% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years, which if continued should maintain adequate earnings cover for the dividend. Reported Earnings • Jun 17
Full year 2025 earnings released: EPS: HK$0.002 (vs HK$0.002 in FY 2024) Full year 2025 results: EPS: HK$0.002 (in line with FY 2024). Revenue: HK$12.7m (flat on FY 2024). Net income: HK$2.06m (up 3.1% from FY 2024). Profit margin: 16% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Tillkännagivande • Jun 16
ITE (Holdings) Limited, Annual General Meeting, Aug 04, 2025 ITE (Holdings) Limited, Annual General Meeting, Aug 04, 2025. Buy Or Sell Opportunity • Jun 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 3.4% to HK$0.03. The fair value is estimated to be HK$0.025, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Earnings per share has declined by 47%. Tillkännagivande • Jun 03
ITE (Holdings) Limited to Report Fiscal Year 2025 Results on Jun 16, 2025 ITE (Holdings) Limited announced that they will report fiscal year 2025 results on Jun 16, 2025 New Risk • May 31
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: Major Risk Market cap is less than US$10m (HK$23.1m market cap, or US$2.95m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Dividend is not well covered by earnings (94% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (16% net profit margin). Revenue is less than US$5m (HK$12m revenue, or US$1.6m). Buy Or Sell Opportunity • Apr 01
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to HK$0.031. The fair value is estimated to be HK$0.025, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Earnings per share has declined by 47%. Board Change • Jan 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. 4 non-independent directors. Independent Non-Executive Director Chris Yeung was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
First half 2025 earnings released: EPS: HK$0.001 (vs HK$0.001 in 1H 2024) First half 2025 results: EPS: HK$0.001 (in line with 1H 2024). Revenue: HK$6.00m (down 7.0% from 1H 2024). Net income: HK$631.0k (down 4.4% from 1H 2024). Profit margin: 11% (in line with 1H 2024). Over the last 3 years on average, earnings per share has fallen by 47% 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. Tillkännagivande • Oct 29
ITE (Holdings) Limited to Report First Half, 2025 Results on Nov 08, 2024 ITE (Holdings) Limited announced that they will report first half, 2025 results on Nov 08, 2024 Board Change • Oct 09
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 Chris Yeung was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (HK$22.2m market cap, or US$2.85m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Tillkännagivande • Jun 27
ITE (Holdings) Limited Proposes a Final Dividend for the Year Ended 31 March 2024 ITE (Holdings) Limited at its AGM to be held on August 5, 2024, proposed a final dividend of 0.2 cents per share for the year ended 31 March 2024. Declared Dividend • Jun 17
Dividend of HK$0.002 announced Shareholders will receive a dividend of HK$0.002. Ex-date: 19th August 2024 Payment date: 6th September 2024 Dividend yield will be 7.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (168% earnings payout ratio) nor is it covered by cash flows (162% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 86% to bring the payout ratio under control, which is more than the 24% EPS growth achieved over the last 5 years. Reported Earnings • Jun 15
Full year 2024 earnings released: EPS: HK$0.002 (vs HK$0.005 in FY 2023) Full year 2024 results: EPS: HK$0.002 (down from HK$0.005 in FY 2023). Revenue: HK$12.7m (down 20% from FY 2023). Net income: HK$2.00m (down 59% from FY 2023). Profit margin: 16% (down from 30% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jun 15
ITE (Holdings) Limited, Annual General Meeting, Aug 05, 2024 ITE (Holdings) Limited, Annual General Meeting, Aug 05, 2024. Tillkännagivande • Jun 02
ITE (Holdings) Limited to Report Fiscal Year 2024 Results on Jun 14, 2024 ITE (Holdings) Limited announced that they will report fiscal year 2024 results on Jun 14, 2024 New Risk • May 23
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 18% 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 (18% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 168% Cash payout ratio: 162% Market cap is less than US$10m (HK$35.2m market cap, or US$4.50m). Minor Risk Revenue is less than US$5m (HK$14m revenue, or US$1.8m). Reported Earnings • Feb 03
Third quarter 2024 earnings released: EPS: HK$0.001 (vs HK$0.002 in 3Q 2023) Third quarter 2024 results: EPS: HK$0.001 (down from HK$0.002 in 3Q 2023). Revenue: HK$3.33m (down 17% from 3Q 2023). Net income: HK$668.0k (down 55% from 3Q 2023). Profit margin: 20% (down from 37% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jan 23
ITE (Holdings) Limited to Report Q3, 2024 Results on Feb 02, 2024 ITE (Holdings) Limited announced that they will report Q3, 2024 results on Feb 02, 2024 Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: HK$0 (vs HK$0.001 in 2Q 2023) Second quarter 2024 results: EPS: HK$0 (down from HK$0.001 in 2Q 2023). Revenue: HK$3.16m (down 17% from 2Q 2023). Net income: HK$154.0k (down 88% from 2Q 2023). Profit margin: 4.9% (down from 34% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Tillkännagivande • Oct 21
ITE (Holdings) Limited to Report First Half, 2024 Results on Nov 03, 2023 ITE (Holdings) Limited announced that they will report first half, 2024 results on Nov 03, 2023 New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 97% Market cap is less than US$10m (HK$23.1m market cap, or US$2.96m). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (HK$15m revenue, or US$1.9m). Reported Earnings • Aug 05
First quarter 2024 earnings released: EPS: HK$0.001 (vs HK$0.001 in 1Q 2023) First quarter 2024 results: EPS: HK$0.001 (in line with 1Q 2023). Revenue: HK$3.29m (down 18% from 1Q 2023). Net income: HK$506.0k (down 19% from 1Q 2023). Profit margin: 15% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 7% per year. Tillkännagivande • Aug 02
ITE (Holdings) Limited Declares Final Dividend for the Year Ended 31 March 2023 ITE (Holdings) Limited announced that at the AGM was held on 31 July 2023, the company declared final dividend of 0.5 HK cents per share for the year ended 31 March 2023. Tillkännagivande • Jul 25
ITE (Holdings) Limited to Report Q1, 2024 Results on Aug 04, 2023 ITE (Holdings) Limited announced that they will report Q1, 2024 results on Aug 04, 2023 New Risk • Jul 02
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 97% Dividend yield: 19% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 97% Market cap is less than US$10m (HK$25.0m market cap, or US$3.19m). Minor Risk Revenue is less than US$5m (HK$16m revenue, or US$2.0m). Tillkännagivande • Jun 28
ITE (Holdings) Limited, Annual General Meeting, Jul 31, 2023 ITE (Holdings) Limited, Annual General Meeting, Jul 31, 2023, at 14:30 China Standard Time. Location: Unit D, 1/F., Por Yen Building, 478 Castle Peak Road Kowloon Hong Kong Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and the auditor for the year ended 31 March 2023; to declare a final dividend of HK$ 0.5 cents per share for the year ended 31 March 2023; to re-elect retiring directors of the company and authorize the board of directors to fix the remuneration of directors; to re-appoint auditor of the company and authorize the board of directors to fix their remuneration; and to consider other matters. Tillkännagivande • Jun 17
ITE (Holdings) Limited Proposes Final Dividend for the Year Ended 31 March 2023, Payable on 1 September 2023 ITE (Holdings) Limited proposed final dividend for the year ended 31 March 2023 of HKD 0.005 per share. Date of shareholders' approval is 31 July 2023. Ex-dividend date is 14 August 2023. Record date is 18 August 2023. Payment date is 1 September 2023. Reported Earnings • Jun 17
Full year 2023 earnings released: EPS: HK$0.005 (vs HK$0.007 in FY 2022) Full year 2023 results: EPS: HK$0.005 (down from HK$0.007 in FY 2022). Revenue: HK$15.9m (down 51% from FY 2022). Net income: HK$4.82m (down 22% from FY 2022). Profit margin: 30% (up from 19% 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 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Tillkännagivande • Jun 06
ITE (Holdings) Limited to Report Fiscal Year 2023 Results on Jun 16, 2023 ITE (Holdings) Limited announced that they will report fiscal year 2023 results on Jun 16, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: HK$0.002 (vs HK$0.002 in 3Q 2022) Third quarter 2023 results: EPS: HK$0.002 (in line with 3Q 2022). Revenue: HK$4.00m (down 39% from 3Q 2022). Net income: HK$1.48m (down 15% from 3Q 2022). Profit margin: 37% (up from 27% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 01
ITE (Holdings) Limited to Report Q3, 2023 Results on Feb 10, 2023 ITE (Holdings) Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Jan 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director William Wai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 31
ITE (Holdings) Limited Announces Board and Committee Changes The board of directors of ITE (Holdings) Limited announced that with effect from 1 January 2023, Mr. Wong Wang Fat, Andrew ("Mr. Wong") has tendered his resignation as an independent non-executive Director, and will cease to be a member of audit committee (the "Audit Committee"), the chairman of the remuneration committee (the "Remuneration Committee") and the chairman of the nomination committee (the "Nomination Committee") of the Company due to his retirement. The Board announced that Mr. Kam Hau Choi, Anthony, an independent non-executive Director, will be appointed as the chairman of the Remuneration Committee and the Nomination Committee with effect from 1 January 2023. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: HK$0.001 (vs HK$0.002 in 2Q 2022) Second quarter 2023 results: EPS: HK$0.001 (down from HK$0.002 in 2Q 2022). Revenue: HK$3.80m (down 59% from 2Q 2022). Net income: HK$1.29m (down 7.2% from 2Q 2022). Profit margin: 34% (up from 15% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 09
ITE (Holdings) Limited Approves Final Dividend for the year ended 31 March 2022 ITE (Holdings) Limited at its AGM held on June 27, 2022 approved final dividend of HKD 0.006 per share for the year ended 31 March 2022. Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: HK$0.001 (vs HK$0.003 in 1Q 2022) First quarter 2023 results: EPS: HK$0.001 (down from HK$0.003 in 1Q 2022). Revenue: HK$4.02m (down 64% from 1Q 2022). Net income: HK$622.0k (down 75% from 1Q 2022). Profit margin: 16% (down from 23% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 30
ITE (Holdings) Limited Provides Earnings Guidance for the Three Months Ended 30 June 2022 ITE (Holdings) Limited provided earnings guidance for the three months ended 30 June 2022. The board (the "Board") of directors (the "Director") of the Company to inform the shareholders of the Company (the "Shareholders") and the potential investors of the Company that, based on the preliminary assessment of the latest management accounts of the Group and all information currently available to the Board, the Group is expected to record (i) a decrease in revenue by approximately 63% to HKD 4 million for the three months ended 30 June 2022 (the "Period"), as compared with the revenue of approximately HKD 11 million for the corresponding period in 2021; and (ii) a decrease in profit attributable to owners of the Company by approximately 74% to HKD 0.6 million for the Period, as compared with that of approximately HKD 2.5 million for the corresponding period in 2021. Tillkännagivande • Jul 26
ITE (Holdings) Limited to Report Q1, 2023 Results on Aug 05, 2022 ITE (Holdings) Limited announced that they will report Q1, 2023 results on Aug 05, 2022 Buying Opportunity • Jul 22
Now 27% undervalued Over the last 90 days, the stock is up 6.1%. The fair value is estimated to be HK$0.048, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company has become profitable. Tillkännagivande • Jun 29
ITE (Holdings) Limited, Annual General Meeting, Aug 08, 2022 ITE (Holdings) Limited, Annual General Meeting, Aug 08, 2022, at 14:30 China Standard Time. Location: Units C & D, 1/F., Por Yen Building 478 Castle Peak Road Kowloon Hong Kong Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and the auditor for the year ended 31 March 2022; to declare a final dividend of HK$0.6 cents per share for the year ended 31 March 2022; to re-elect retiring directors of the company and authorise the board of directors to fix the remuneration of directors; to re-appoint auditor of the company and authorise the board of directors to fix their remuneration; and to consider other matters. Reported Earnings • Jun 19
Full year 2022 earnings released: EPS: HK$0.007 (vs HK$0.009 in FY 2021) Full year 2022 results: EPS: HK$0.007 (down from HK$0.009 in FY 2021). Revenue: HK$32.7m (down 34% from FY 2021). Net income: HK$6.16m (down 27% from FY 2021). Profit margin: 19% (up from 17% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Tillkännagivande • Jun 18
ITE (Holdings) Limited Proposes Final Dividend for the Year Ended 31 March 2022, Payable on 16 September 2022 ITE (Holdings) Limited proposed Final Dividend for the year ended 31 March 2022 of HKD 0.006 per share. Date of shareholders' approval is 08 August 2022. Ex-dividend date is 26 August 2022. Record date is 01 September 2022. Payment date is 16 September 2022. Tillkännagivande • Jun 07
ITE (Holdings) Limited to Report Fiscal Year 2022 Results on Jun 17, 2022 ITE (Holdings) Limited announced that they will report fiscal year 2022 results on Jun 17, 2022 Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: HK$0.002 (vs HK$0.002 in 3Q 2021). Revenue: HK$6.56m (down 47% from 3Q 2021). Net income: HK$1.74m (down 23% from 3Q 2021). Profit margin: 27% (up from 18% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 25
ITE (Holdings) Limited Provides Revenue Guidance for the Nine Months Ended 31 December 2021 The board of directors of ITE (Holdings) Limited announced the shareholders of the Company and the potential investors of the Company that, based on the preliminary assessment of the latest management accounts of the Group and all information currently available to the Board, the Group is expected to record a decrease in revenue by approximately 25% to HKD 27 million for the nine months ended 31 December 2021, as compared with the revenue of approximately HKD 36 million for the corresponding period in 2020. The decrease in revenue was primarily attributable to, among other things, an end of a major contract, contract details as per voluntary announcements dated 10 January 2019 and 19 October 2021. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS HK$0.002 (vs HK$0.002 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2022 results: Revenue: HK$9.34m (down 20% from 2Q 2021). Net income: HK$1.38m (down 8.1% from 2Q 2021). Profit margin: 15% (up from 13% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 10
First quarter 2022 earnings released: EPS HK$0.003 (vs HK$0.002 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: HK$11.0m (down 7.2% from 1Q 2021). Net income: HK$2.48m (up 16% from 1Q 2021). Profit margin: 23% (up from 18% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 18
Full year 2021 earnings released: EPS HK$0.009 (vs HK$0.001 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$49.8m (up 12% from FY 2020). Net income: HK$8.45m (up HK$7.43m from FY 2020). Profit margin: 17% (up from 2.3% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 26
ITE (Holdings) Limited to Report Nine Months, 2021 Results on Feb 05, 2021 ITE (Holdings) Limited announced that they will report nine months, 2021 results on Feb 05, 2021 Reported Earnings • Nov 07
Second quarter 2021 earnings released: EPS HK$0.002 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: HK$11.7m (up 1.9% from 2Q 2020). Net income: HK$1.51m (up HK$1.49m from 2Q 2020). Profit margin: 13% (up from 0.1% in 2Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Tillkännagivande • Oct 30
ITE (Holdings) Limited Appoints Wai Hing Cheung as Independent Non-Executive Director ITE (Holdings) Limited announce that Mr. Wai Hing Cheung has been appointed as an independent non-executive director ("INED") and a member of each of the audit committee, remuneration committee and nomination committee of the Company with effect from 1 November 2020. Tillkännagivande • Jul 25
ITE (Holdings) Limited to Report Q1, 2021 Results on Aug 06, 2020 ITE (Holdings) Limited announced that they will report Q1, 2021 results on Aug 06, 2020