New Risk • Mar 17
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: Major Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Board Change • Mar 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Executive Director Ka Ho Lau is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 30
First half 2026 earnings released: EPS: HK$0.001 (vs HK$0.006 in 1H 2025) First half 2026 results: EPS: HK$0.001 (down from HK$0.006 in 1H 2025). Revenue: HK$565.3m (down 8.9% from 1H 2025). Net income: HK$3.43m (down 79% from 1H 2025). Profit margin: 0.6% (down from 2.7% in 1H 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 223% per year, which means it is well ahead of earnings. New Risk • Nov 29
New major risk - Revenue and earnings growth Earnings have declined by 0.8% 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 0.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Announcement • Nov 18
Hong Kong Zcloud Technology Construction Limited to Report First Half, 2026 Results on Nov 28, 2025 Hong Kong Zcloud Technology Construction Limited announced that they will report first half, 2026 results on Nov 28, 2025 New Risk • Nov 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Board Change • Sep 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Executive Director Ka Ho Lau is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$683.1m (US$87.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 27
Full year 2025 earnings released: EPS: HK$0.083 (vs HK$0.074 in FY 2024) Full year 2025 results: EPS: HK$0.083 (up from HK$0.074 in FY 2024). Revenue: HK$1.28b (up 11% from FY 2024). Net income: HK$31.1m (up 12% from FY 2024). Profit margin: 2.4% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 24
Hong Kong Zcloud Technology Construction Limited, Annual General Meeting, Aug 28, 2025 Hong Kong Zcloud Technology Construction Limited, Annual General Meeting, Aug 28, 2025, at 10:30 China Standard Time. Location: 35/f, dah sing financial centre, 248 queens road east, wanchai, Hong Kong Reported Earnings • Jun 28
Full year 2025 earnings released: EPS: HK$0.084 (vs HK$0.074 in FY 2024) Full year 2025 results: EPS: HK$0.084 (up from HK$0.074 in FY 2024). Revenue: HK$1.28b (up 11% from FY 2024). Net income: HK$31.1m (up 12% from FY 2024). Profit margin: 2.4% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. 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 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). Profit margins are more than 30% lower than last year (2.4% net profit margin). Announcement • Jun 18
Hong Kong Zcloud Technology Construction Limited to Report Fiscal Year 2025 Results on Jun 27, 2025 Hong Kong Zcloud Technology Construction Limited announced that they will report fiscal year 2025 results on Jun 27, 2025 Board Change • May 11
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Executive Director Ka Ho Lau is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 12
Wong Howard cancelled the acquisition of remaining 67.67% stake in Gain Plus Holdings Limited (SEHK:9900) from Giant Winchain Limited and others shareholders. Wong Howard proposed to acquire remaining 67.67% stake in Gain Plus Holdings Limited (SEHK:9900) from Giant Winchain Limited and others shareholders for approximately HKD 200 million on December 16, 2024. A cash consideration of HKD 202.91 million valued at HKD 0.806 per share will be paid by the buyer. As part of consideration, HKD 202.91 million is paid towards common equity of Gain Plus Holdings Limited. As of January 21, 2025, the first closing date of the offer is February 11, 2025.
Merdeka Securities Limited acted as financial advisor to Gain Plus Holdings Limited and grande capital limited acted as Independent Financial adviser to the Independent Board Committee. Get Nice Securities Limited acted as financial advisor to Wong Howard.
Wong Howard cancelled the acquisition of remaining 67.67% stake in Gain Plus Holdings Limited (SEHK:9900) from Giant Winchain Limited and others shareholders on February 11, 2025. Offer has not become unconditional on the date of this joint announcement, which is the first Closing Date of the Offer, as the Condition has not been satisfied. The Wong Howard hereby declares the Offer lapsed. New Risk • Dec 17
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 30% 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 (30% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Significant insider selling over the past 3 months (HK$84m sold). Reported Earnings • Dec 01
First half 2025 earnings released: EPS: HK$0.045 (vs HK$0.037 in 1H 2024) First half 2025 results: EPS: HK$0.045 (up from HK$0.037 in 1H 2024). Revenue: HK$620.6m (up 29% from 1H 2024). Net income: HK$16.7m (up 22% from 1H 2024). Profit margin: 2.7% (down from 2.8% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Nov 15
Gain Plus Holdings Limited to Report First Half, 2025 Results on Nov 29, 2024 Gain Plus Holdings Limited announced that they will report first half, 2025 results on Nov 29, 2024 Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$2.29, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 9x in the Construction industry in Hong Kong. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$2.09, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 9x in the Construction industry in Hong Kong. Total loss to shareholders of 8.9% over the past three years. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$1.87, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 9x in the Construction industry in Hong Kong. Total loss to shareholders of 3.7% over the past three years. New Risk • Jun 30
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: 2.4% Last year net profit margin: 4.7% 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 Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (HK$535.7m market cap, or US$68.6m). Announcement • Jun 29
Gain Plus Holdings Limited, Annual General Meeting, Aug 16, 2024 Gain Plus Holdings Limited, Annual General Meeting, Aug 16, 2024. Announcement • Jun 21
Gain Plus Holdings Limited Provides Group Earnings Guidance for the Year Ended March 31, 2024 Gain Plus Holdings Limited provided group earnings guidance for the year ended March 31, 2024. For the year, the company estimated net profit after tax of the Group would be in the range of approximately HKD 30.0 million to HKD 36.0 million, as compared to a net profit after tax of the Group of approximately HKD 56.7 million recorded by the Group for the year ended 31 March 2023. Based on the information currently available to the Board, the decrease in net profit after tax is mainly due to decrease in revenue and gross profit margin derived from provision of repair, maintenance, addition and alteration services. Announcement • Jun 13
Gain Plus Holdings Limited to Report Fiscal Year 2024 Results on Jun 28, 2024 Gain Plus Holdings Limited announced that they will report fiscal year 2024 results on Jun 28, 2024 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$1.40, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 9x in the Construction industry in Hong Kong. Total loss to shareholders of 6.7% over the past three years. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to HK$1.37, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 8x in the Construction industry in Hong Kong. Total loss to shareholders of 20% over the past three years. New Risk • Apr 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Market cap is less than US$100m (HK$565.4m market cap, or US$72.2m). Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$1.12, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 8x in the Construction industry in Hong Kong. Total loss to shareholders of 38% over the past three years. Announcement • Jan 18
Gain Plus Holdings Limited Declares Special Dividend, Payable on or About 6 February 2024 The Board of Gain Plus Holdings Limited announced that, by way of resolution of the Board passed on 17 January 2024, the Board has declared a special dividend of HKD 0.135 per ordinary share of the Company (the Special Dividend) to the shareholders of the Company. The Special Dividend will be paid on or about Tuesday, 6 February 2024 to the Shareholders whose name appear on the register of members of the Company at the close of business on 1 February 2024 (the "Record Date"). Reported Earnings • Nov 30
First half 2024 earnings released: EPS: HK$0.037 (vs HK$0.066 in 1H 2023) First half 2024 results: EPS: HK$0.037 (down from HK$0.066 in 1H 2023). Revenue: HK$482.0m (down 21% from 1H 2023). Net income: HK$13.7m (down 45% from 1H 2023). Profit margin: 2.8% (down from 4.1% in 1H 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Nov 24
Gain Plus Holdings Limited Provides Group Earnings Guidance for the Six Months Ended 30 September 2023 Gain Plus Holdings Limited provided group earnings guidance for the six months ended 30 September 2023. The group expected a decrease in net profit after tax for the six months ended 30 September 2023. The company estimated that net profit after tax of the Group for the six months ended 30 September 2023 would be in the range of approximately HKD 14.0 million to HKD 18.0 million, as compared to a net profit after tax of the Group of approximately HKD 24.7 million recorded by the Group for the six ended 30 September 2022. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$1.23, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 10x in the Construction industry in Hong Kong. Total loss to shareholders of 18% over the past three years. Announcement • Nov 17
Gain Plus Holdings Limited to Report First Half, 2024 Results on Nov 29, 2023 Gain Plus Holdings Limited announced that they will report first half, 2024 results on Nov 29, 2023 Announcement • Oct 07
Gain Plus Holdings Limited Announces Board Changes The board of directors of Gain Plus Holdings Limited announced that Mr. Lai Ming Ho (Mr. Lai) has been appointed as an independent non-executive director and a member of audit committee with effect from 6 October 2023. Mr. Lai, aged 36, holds a Bachelor's Degree in Accounting and Finance from The Hong Kong Polytechnic University. He is a fellow member of The Hong Kong Institute of Certified Public Accountants, a chartered tax adviser (non-practising) of The Taxation Institute of Hong Kong, a financial risk manager of Global Association of Risk Professionals and a certified internal auditor of The Institute of Internal Auditors. Mr. Lai has 14 years of working experience gained from technical accounting environment in accounting, auditing, taxation, and company secretary services in various industries including logistics, property development and construction, oil trading, film production, manufacturing, financial services, information technology, among others. He also has senior managerial experience within multinational audit firms and listed companies. He is currently a managing director of a private company. The board announced that Mr. Wong Max Aaron (Mr. Wong) has tendered his resignation as an independent non-executive director and ceased to be a member of audit committee with effect from 6 October 2023 due to other business engagements which require more of his attention and dedication. Change Of Composition Of Audit Committee: The board announced that with effect from 6 October 2023: Mr. Wong has ceased to be a member of audit committee; and Mr. Lai has been appointed as a member of audit committee. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$1.40, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 10x in the Construction industry in Hong Kong. Total returns to shareholders of 35% over the past three years. Announcement • Jul 26
Gain Plus Holdings Limited, Annual General Meeting, Aug 16, 2023 Gain Plus Holdings Limited, Annual General Meeting, Aug 16, 2023, at 10:00 China Standard Time. Location: Room 901-905, 9/F, China Insurance Group Building, 141 Des Voeux Road Central, Central Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and the reports of the directors and independent auditor of the Company for the year ended 31 March 2023; to re-elect Mr. Lau Ka Ho as an executive director; to re-elect Mr. Chen Yeung Tak as an independent non-executive director; to authorise the board of directors of the Company to fix the respective directors' remuneration; to re-elect Mr. Wong Max Aaron as an independent non-executive director; to re-appoint Deloitte Touche Tohmatsu as the independent auditor of the Company to hold office until the conclusion of the next annual general meeting and authorise the board of directors of the Company to fix its remuneration; and to discuss other matters. Reported Earnings • Jun 29
Full year 2023 earnings released: EPS: HK$0.15 (vs HK$0.036 in FY 2022) Full year 2023 results: EPS: HK$0.15 (up from HK$0.036 in FY 2022). Revenue: HK$1.21b (up 14% from FY 2022). Net income: HK$56.8m (up 326% from FY 2022). Profit margin: 4.7% (up from 1.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Announcement • Jun 14
Gain Plus Holdings Limited to Report Q4, 2023 Results on Jun 28, 2023 Gain Plus Holdings Limited announced that they will report Q4, 2023 results on Jun 28, 2023 Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to HK$1.22, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 11x in the Construction industry in Hong Kong. Total returns to shareholders of 22% over the past three years. New Risk • Jun 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. 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 2022 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (HK$353.4m market cap, or US$45.1m). Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$1.06, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 11x in the Construction industry in Hong Kong. Total returns to shareholders of 25% over the past three years. Announcement • May 13
Gain Plus Holdings Limited Appoints Wong Max Aaron as Independent Non-Executive Director and Member of Audit Committee Gain Plus Holdings Limited announced that Mr. Wong Max Aaron ("Mr. Wong") has been appointed as an independent non-executive Director and a member of Audit Committee with effect from 12 May 2023. Mr. Wong, aged 48, holds a Master of Applied Finance and Investment from Financial Services Institute of Australasia. He is a fellow member of The Association of Chartered Certified Accountants and a member of Hong Kong Business Accountants Association. Mr. Wong has over 20 years' experience in finance and accounting for listed companies and private companies. He is currently a chief financial officer of a private company. The Board further announces that Mr. Wong has been appointed as a member of the Audit Committee of the Company with effect from 12 May 2023. Reported Earnings • Nov 26
First half 2023 earnings released: EPS: HK$0.066 (vs HK$0.059 in 1H 2022) First half 2023 results: EPS: HK$0.066 (up from HK$0.059 in 1H 2022). Revenue: HK$606.2m (up 5.1% from 1H 2022). Net income: HK$24.7m (up 12% from 1H 2022). Profit margin: 4.1% (up from 3.8% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Nov 12
Gain Plus Holdings Limited to Report First Half, 2023 Results on Nov 25, 2022 Gain Plus Holdings Limited announced that they will report first half, 2023 results on Nov 25, 2022 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment deteriorated over the past week After last week's 26% share price decline to HK$1.16, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 11x in the Construction industry in Hong Kong. Total loss to shareholders of 14% over the past three years. Announcement • Jul 15
Gain Plus Holdings Limited, Annual General Meeting, Aug 19, 2022 Gain Plus Holdings Limited, Annual General Meeting, Aug 19, 2022, at 10:00 China Standard Time. Location: at 2/F, 3545B Bonham Strand Sheung Wan Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and the reports of the directors and independent auditor of the Company for the year ended 31 March 2022; to consider and re-elect Mr. Tsang Chiu Kwan as an executive director; to consider and re-elect Mr. So Chun Man as an independent non-executive director; to consider and re-elect Mr. Chung Dan as an independent non-executive director; to consider and authorise the board of directors of the Company to fix the respective directors' remuneration; and to consider and re-appoint Deloitte Touche Tohmatsu as the independent auditor of the Company to hold office until the conclusion of the next annual general meeting and authorise the board of directors of the Company to fix its remuneration. Reported Earnings • Jul 01
Full year 2022 earnings released Full year 2022 results: Revenue: HK$1.06b (up 12% from FY 2021). Net income: HK$13.3m (down 61% from FY 2021). Profit margin: 1.3% (down from 3.6% in FY 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 15% share price gain to HK$1.90, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 9x in the Construction industry in Hong Kong. Total returns to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorated over the past week After last week's 18% share price decline to HK$1.64, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 10x in the Construction industry in Hong Kong. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorated over the past week After last week's 26% share price decline to HK$1.78, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 8x in the Construction industry in Hong Kong. Total returns to shareholders of 65% over the past three years. Reported Earnings • Nov 26
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: HK$0.059 (down from HK$0.065 in 1H 2021). Revenue: HK$576.7m (up 23% from 1H 2021). Net income: HK$22.0m (down 8.5% from 1H 2021). Profit margin: 3.8% (down from 5.1% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorated over the past week After last week's 19% share price decline to HK$2.10, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 10x in the Construction industry in Hong Kong. Total returns to shareholders of 141% over the past three years. Executive Departure • Sep 07
CFO & Company Secretary Chun Ming Kwong has left the company During their tenure, earnings grew by 9.6% annually compared to the industry average, which went down by 0.3%. On the 3rd of September, Chun Ming Kwong left the company after 4.3 in the role. We don't have any record of a personal shareholding under Chun Ming's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 16% share price gain to HK$2.60, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 10x in the Construction industry in Hong Kong. Total returns to shareholders of 242% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 16% share price gain to HK$2.60, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 10x in the Construction industry in Hong Kong. Total returns to shareholders of 242% over the past three years. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 31% share price gain to HK$2.10, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 10x in the Construction industry in Hong Kong. Total returns to shareholders of 147% over the past three years. Reported Earnings • Jul 21
Full year 2021 earnings released: EPS HK$0.092 (vs HK$0.066 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$951.2m (up 2.0% from FY 2020). Net income: HK$34.1m (up 39% from FY 2020). Profit margin: 3.6% (up from 2.6% in FY 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 24
Full year 2021 earnings released: EPS HK$0.092 (vs HK$0.066 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: HK$951.2m (up 2.0% from FY 2020). Net income: HK$34.1m (up 39% from FY 2020). Profit margin: 3.6% (up from 2.6% in FY 2020). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 18% per year. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 45% share price gain to HK$2.38, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 9x in the Construction industry in Hong Kong. Total returns to shareholders of 133% over the past three years. Announcement • Feb 26
Gain Plus Holdings Limited Announces Board Changes The board of directors of Gain Plus Holdings Limited announced that with effect from 25 February 2021, Mr. Lau Ka Ho has been appointed as an executive Director and a member of the nomination committee and the remuneration committee. Mr. Lau is currently a fellow member of The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators. He is also a member of The Hong Kong Institute of Directors. Is New 90 Day High Low • Feb 10
New 90-day high: HK$1.76 The company is up 52% from its price of HK$1.16 on 12 November 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 7.0% over the same period. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorated over the past week After last week's 21% share price decline to HK$1.32, the stock is trading at a trailing P/E ratio of 15x, down from the previous P/E ratio of 19x. This compares to an average P/E of 9x in the Construction industry in Hong Kong. Total returns to shareholders over the past year are 20%. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 22% share price gain to HK$1.65, the stock is trading at a trailing P/E ratio of 18.7x, up from the previous P/E ratio of 15.3x. This compares to an average P/E of 8x in the Construction industry in Hong Kong. Total returns to shareholders over the past year are 26%. Is New 90 Day High Low • Jan 18
New 90-day high: HK$1.56 The company is up 20% from its price of HK$1.30 on 20 October 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 3.0% over the same period. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 27% share price gain to HK$1.42, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 12.7x. This compares to an average P/E of 8x in the Construction industry in Hong Kong. Total returns to shareholders over the past year are 10%. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 25% share price gain to HK$1.40, the stock is trading at a trailing P/E ratio of 15.9x, up from the previous P/E ratio of 12.7x. This compares to an average P/E of 8x in the Construction industry in Hong Kong. Total returns to shareholders over the past year are 15%. Is New 90 Day High Low • Dec 17
New 90-day low: HK$1.15 The company is down 12% from its price of HK$1.30 on 18 September 2020. The Hong Kong market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 14% over the same period. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment deteriorated over the past week After last week's 18% share price decline to HK$1.22, the stock is trading at a trailing P/E ratio of 13.8x, down from the previous P/E ratio of 16.9x. This compares to an average P/E of 8x in the Construction industry in Hong Kong. Total return to shareholders over the past year is a loss of 22%. Reported Earnings • Dec 06
First half 2021 earnings released: EPS HK$0.065 The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$470.6m (down 8.5% from 1H 2020). Net income: HK$24.0m (up 53% from 1H 2020). Profit margin: 5.1% (up from 3.1% in 1H 2020). The increase in margin was driven by lower expenses. Reported Earnings • Nov 27
First half 2021 earnings released: EPS HK$0.065 The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: HK$470.6m (down 8.5% from 1H 2020). Net income: HK$24.0m (up 53% from 1H 2020). Profit margin: 5.1% (up from 3.1% in 1H 2020). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Nov 23
New 90-day high: HK$1.55 The company is up 12% from its price of HK$1.39 on 25 August 2020. The Hong Kong market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 1.0% over the same period. 
