Board Change • Aug 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. 2 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Shao Shi Yan was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 21
Elate Holdings Limited to Report First Half, 2026 Results on Aug 31, 2026 Elate Holdings Limited announced that they will report first half, 2026 results on Aug 31, 2026 Tillkännagivande • Apr 27
Elate Holdings Limited, Annual General Meeting, Jun 05, 2026 Elate Holdings Limited, Annual General Meeting, Jun 05, 2026, at 11:00 China Standard Time. Reported Earnings • Apr 01
Full year 2025 earnings released: US$0.035 loss per share (vs US$0.11 profit in FY 2024) Full year 2025 results: US$0.035 loss per share (down from US$0.11 profit in FY 2024). Revenue: US$132.5m (down 69% from FY 2024). Net loss: US$14.6m (down 136% from profit in FY 2024). 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 19% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 06
Elate Holdings Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Elate Holdings Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (HK$79.5m market cap, or US$10.2m). New Risk • Dec 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: HK$77.3m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (HK$77.3m market cap, or US$9.94m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). Reported Earnings • Sep 02
First half 2025 earnings released: US$0.04 loss per share (vs US$0.076 profit in 1H 2024) First half 2025 results: US$0.04 loss per share (down from US$0.076 profit in 1H 2024). Revenue: US$63.1m (down 4.1% from 1H 2024). Net loss: US$15.1m (down 155% from profit in 1H 2024). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 02
Elate Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 Elate Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jun 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (HK$148.4m market cap, or US$18.9m). Reported Earnings • May 01
Full year 2024 earnings released: EPS: US$0.11 (vs US$0.005 in FY 2023) Full year 2024 results: EPS: US$0.11 (up from US$0.005 in FY 2023). Revenue: US$431.1m (up 308% from FY 2023). Net income: US$40.3m (up US$38.5m from FY 2023). Profit margin: 9.3% (up from 1.7% in FY 2023). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 25
Elate Holdings Limited, Annual General Meeting, Jun 06, 2025 Elate Holdings Limited, Annual General Meeting, Jun 06, 2025, at 11:00 China Standard Time. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$95.0m market cap, or US$12.2m). Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: US$0.11 (vs US$0.005 in FY 2023) Full year 2024 results: EPS: US$0.11 (up from US$0.005 in FY 2023). Revenue: US$431.1m (up 308% from FY 2023). Net income: US$40.3m (up US$38.5m from FY 2023). Profit margin: 9.3% (up from 1.7% in FY 2023). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 03
Elate Holdings Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Elate Holdings Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Sep 27
First half 2024 earnings released: EPS: US$0.076 (vs US$0.001 in 1H 2023) First half 2024 results: EPS: US$0.076 (up from US$0.001 in 1H 2023). Revenue: US$65.8m (up 29% from 1H 2023). Net income: US$27.7m (up US$27.4m from 1H 2023). Profit margin: 42% (up from 0.6% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 04
Elate Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 Elate Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • May 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 16% 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 Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (HK$161.5m market cap, or US$20.7m). Tillkännagivande • Apr 28
Elate Holdings Limited, Annual General Meeting, Jun 06, 2024 Elate Holdings Limited, Annual General Meeting, Jun 06, 2024, at 11:00 China Standard Time. Agenda: To receive and adopt the Audited Financial Statements and the Reports of the Directors and Auditor for the year ended 31 December 2023; to re-elect the Ms. Zhang Xue as an executive director; to re-elect the Dr. Yan Shao Shi as an independent non-executive director; to authorize the board of directors to fix the remuneration of the aforesaid directors; to re-appoint BDO Limited as auditor and authorize the Board to fix their remuneration; and to consider other business matters. New Risk • Apr 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 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$80.9m market cap, or US$10.3m). Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: US$0.005 (vs US$0.002 in FY 2022) Full year 2023 results: EPS: US$0.005 (up from US$0.002 in FY 2022). Revenue: US$105.7m (up 5.5% from FY 2022). Net income: US$1.82m (up 217% from FY 2022). Profit margin: 1.7% (up from 0.6% in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Tillkännagivande • Mar 01
Elate Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Elate Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Sep 03
First half 2023 earnings released: EPS: US$0.001 (vs US$0.01 in 1H 2022) First half 2023 results: EPS: US$0.001 (down from US$0.01 in 1H 2022). Revenue: US$51.0m (down 3.6% from 1H 2022). Net income: US$300.0k (down 92% from 1H 2022). Profit margin: 0.6% (down from 6.7% in 1H 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 25
Elate Holdings Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2023 Elate Holdings Limited provided group earnings guidance for the six months ended 30 June 2023. For the period, the company is expected that the Group to record a net profit attributable to shareholders of approximately USD 0.3 million (corresponding period in 2022: net profit of approximately USD 3.5 million). The Board considers that the decrease in net profit for the six months ended 30 June 2023 was mainly attributable to the decrease in selling price of natural graphite products and increase in the cost of graphite production, which was mainly due to the over capacity of artificial graphite in China. Tillkännagivande • Jul 12
Elate Holdings Limited Announces Executive Changes The board of directors (the "Board" or "Directors") of Elate Holdings Limited (the "Company") announce that with effect from 11 July 2023, Dr. Yan Shao Shi ("Dr. Yan") has been appointed as an independent non-executive director, the chairman of the Board's remuneration committee, a member of audit committee and nomination committee. Dr. Yan Shao Shi, aged 39, is currently an Assistant Professor and a Ph.D. Advisor in Macau University of Science and Technology. Dr. Yan obtained her doctoral degree from Macau University of Science and Technology, and her teaching and research areas include design, culture and communications. There is no service contract between the Company and Dr. Yan. She is not appointed for a specific term and shall hold office until the next general meeting of the Company and shall then be eligible for re-election at that meeting. Dr. Yan's appointment is subject to retirement by rotation at least once every three years and re- election at the annual general meeting of the Company in accordance with the articles of association of the Company. Dr. Yan will be entitled to receive a director's fee of HKD 120,000 per annum which was determined by the Board with reference to her duties and responsibilities within the Company as well as prevailing market rates. The Board announces that with effect from 11 July 2023, Mr. Chai Woon Chew ("Mr. Chai") resigned as an independent non-executive director, the chairman of remuneration committee and a member of audit committee and nomination committee due to his personal reasons. Mr. Chai and the Board have confirmed that Mr. Chai has no disagreement with the Board, and he is not aware of other matters in connection with his resignation that need to be brought to the attention of the shareholders of the Company and the Stock Exchange of Hong Kong Limited. The Board would like to express its sincere gratitude to Mr. Chai for his long and dedicated services for over 20 years to the Company, and in particular for his valuable contributions as an independent non-executive director. The Board wish him all the best in the future. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: US$0.002 (vs US$0.014 in FY 2021) Full year 2022 results: EPS: US$0.002 (down from US$0.014 in FY 2021). Revenue: US$100.2m (down 1.1% from FY 2021). Net income: US$572.0k (down 88% from FY 2021). Profit margin: 0.6% (down from 4.7% in FY 2021). 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 3% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 01
Elate Holdings Limited to Report Fiscal Year 2022 Results on Mar 30, 2023 Elate Holdings Limited announced that they will report fiscal year 2022 results on Mar 30, 2023 Tillkännagivande • Sep 21
Elate Holdings Limited (SEHK:76) entered into an agreement to acquire 9.9% stake in Scientific Energy, Inc. (OTCPK:SCGY) for HKD 8.8 million. Elate Holdings Limited (SEHK:76) entered into an agreement to acquire 9.9% stake in Scientific Energy, Inc. (OTCPK:SCGY) for HKD 8.8 million on September 19, 2022. Under the terms of the agreement, Elate Holdings will acquire 26,000,000 shares of Scientific Energy, and will swap its 250,250,000 shares with the individual seller. Upon Completion, Elate Holdings will own 9.87% of Scientific Energy's capital shares, and the Swap Shareholder will own 3.45% of the Elate Holdings' ordinary shares. The transaction is subject to Listing approval by the stock exchange for the swap shares. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: US$0.001 (vs US$0.001 in 1H 2021) First half 2022 results: EPS: US$0.001 (vs US$0.001 in 1H 2021). Revenue: US$52.9m (down 2.6% from 1H 2021). Net income: US$3.55m (down 7.1% from 1H 2021). Profit margin: 6.7% (down from 7.0% in 1H 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 30
Elate Holdings Limited to Report First Half, 2022 Results on Aug 30, 2022 Elate Holdings Limited announced that they will report first half, 2022 results on Aug 30, 2022 Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: US$0.001 (vs US$0 in FY 2020) Full year 2021 results: EPS: US$0.001 (up from US$0 in FY 2020). Revenue: US$101.3m (up 6.9% from FY 2020). Net income: US$4.80m (up 62% from FY 2020). Profit margin: 4.7% (up from 3.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Tillkännagivande • Mar 03
Elate Holdings Limited to Report Fiscal Year 2021 Results on Mar 30, 2022 Elate Holdings Limited announced that they will report fiscal year 2021 results on Mar 30, 2022 Tillkännagivande • Aug 22
Elate Holdings Limited Provides Preliminary Group Earnings Guidance for the Six Months Ended 30 June 2021 Elate Holdings Limited provided preliminary group earnings guidance for the six months ended 30 June 2021. The Board to inform the shareholders of the Company and potential investors that, based on the preliminary review of the Group's latest unaudited management accounts for the six months ended 30 June 2021, it is expected that the Group to record a net profit attributable to Shareholders for the six months ended 30 June 2021 of approximately $4 million (corresponding period in 2020: net profit of $1.59 million). Reported Earnings • Mar 30
Full year 2020 earnings released: EPS US$0.001 (vs US$0.002 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$94.7m (up 1.1% from FY 2019). Net income: US$2.97m (up US$12.3m from FY 2019). Profit margin: 3.1% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year whereas the company’s share price has fallen by 39% per year. Tillkännagivande • Mar 02
Elate Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021 Elate Holdings Limited announced that they will report fiscal year 2020 results on Mar 29, 2021 Recent Insider Transactions • Jan 15
Insider recently sold HK$3.9m worth of stock On the 12th of January, Jie Zhao sold around 279m shares on-market at roughly HK$0.014 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Tillkännagivande • Jan 09
Elate Holdings Limited Announces Board Changes The board of directors of Elate Holdings Limited announced that with effect from 8 January 2021, Ms. Ye Yi Fan ("Ms. Ye") was appointed as an independent non-executive Director, the chairman of the Board's nomination committee, members of audit committee and remuneration committee. Ms. Ye Yi Fan, aged 38. Ms. Ye graduated from Beijing Film Academy in China, and participated in movies and TV shows shooting. Ms. Ye also taught performing arts. The Board announced that with effect from 8 January 2021, Ms. Xu Jia Yin ("Ms. Xu") resigned as an independent non-executive director, the chairman of the Nomination Committee and the member of the Audit Committee and the Remuneration Committee due to unexpected family reason. Ms. Xu and the Board have confirmed that Ms. Xu has no disagreement with the Board, and she is not aware of other matters in connection with her resignation that need to be brought to the attention of the shareholders of the Company and the Stock Exchange of Hong Kong Limited. Tillkännagivande • Dec 29
Elate Holdings Limited Announces Directorship Change The board of directors of Elate Holdings Limited announced that with effect from 28 December 2020, Ms. Xu Jia Yin was appointed as an independent non-executive Director, the chairman of the Board’s nomination committee, members of audit committee and remuneration committee. The Board also announced that with effect from 28 December 2020, Mr. Han Zhi Jun resigned as an independent non-executive director, the chairman of the Nomination Committee and the member of the Audit Committee and the Remuneration Committee due to his personal arrangements. Reported Earnings • Sep 27
First half earnings released Over the last 12 months the company has reported total losses of US$7.94m, with losses widening by 11% from the prior year. Total revenue was US$96.4m over the last 12 months, largely unchanged from the prior year. Tillkännagivande • Aug 10
Elate Holdings Limited to Report Q2, 2020 Results on Aug 28, 2020 Elate Holdings Limited announced that they will report Q2, 2020 results on Aug 28, 2020