Announcement • May 26
China Star Entertainment Limited, Annual General Meeting, Jun 29, 2026 China Star Entertainment Limited, Annual General Meeting, Jun 29, 2026, at 16:00 China Standard Time. Location: artyzen club, 401a, 4/f., shun tak centre, 200 connaught road central, Hong Kong Reported Earnings • Apr 01
Full year 2025 earnings released: HK$0.18 loss per share (vs HK$0.14 loss in FY 2024) Full year 2025 results: HK$0.18 loss per share (further deteriorated from HK$0.14 loss in FY 2024). Revenue: HK$404.9m (down 44% from FY 2024). Net loss: HK$443.8m (loss widened 26% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 109% per year, which means it is well ahead of earnings. Announcement • Mar 17
China Star Entertainment Limited to Report Fiscal Year 2025 Final Results on Mar 30, 2026 China Star Entertainment Limited announced that they will report fiscal year 2025 final results at 12:30 PM, China Standard Time on Mar 30, 2026 Buy Or Sell Opportunity • Mar 10
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 195% to HK$5.28. The fair value is estimated to be HK$4.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 97% over the last 3 years. Earnings per share has declined by 40%. Board Change • Feb 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. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Alexander Tai 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. New Risk • Dec 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 9.8% 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 17% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). Reported Earnings • Sep 02
First half 2025 earnings released: HK$0.046 loss per share (vs HK$0.056 loss in 1H 2024) First half 2025 results: HK$0.046 loss per share (improved from HK$0.056 loss in 1H 2024). Revenue: HK$256.5m (up 33% from 1H 2024). Net loss: HK$110.9m (loss narrowed 18% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. Announcement • Aug 18
China Star Entertainment Limited to Report First Half, 2025 Results on Aug 29, 2025 China Star Entertainment Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • May 29
China Star Entertainment Limited, Annual General Meeting, Jun 24, 2025 China Star Entertainment Limited, Annual General Meeting, Jun 24, 2025, at 16:00 China Standard Time. Location: golden restaurant, 1/f., east wing, shun tak centre, 200 connaught road central, Hong Kong Reported Earnings • Mar 30
Full year 2024 earnings released: HK$0.14 loss per share (vs HK$0.12 loss in FY 2023) Full year 2024 results: HK$0.14 loss per share (further deteriorated from HK$0.12 loss in FY 2023). Revenue: HK$728.2m (up 253% from FY 2023). Net loss: HK$351.9m (loss widened 22% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Announcement • Mar 14
China Star Entertainment Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 China Star Entertainment Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 New Risk • Feb 19
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 9.8% 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 2.3% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). Reported Earnings • Sep 30
First half 2024 earnings released: HK$0.056 loss per share (vs HK$0.033 loss in 1H 2023) First half 2024 results: HK$0.056 loss per share (further deteriorated from HK$0.033 loss in 1H 2023). Revenue: HK$193.3m (up 60% from 1H 2023). Net loss: HK$135.5m (loss widened 64% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Aug 20
China Star Entertainment Limited to Report First Half, 2024 Results on Aug 29, 2024 China Star Entertainment Limited announced that they will report first half, 2024 results on Aug 29, 2024 New Risk • Aug 19
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 9.3% 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. This is currently the only risk that has been identified for the company. Announcement • Jun 05
China Star Entertainment Limited, Annual General Meeting, Jun 26, 2024 China Star Entertainment Limited, Annual General Meeting, Jun 26, 2024, at 16:00 China Standard Time. Location: golden restaurant, 1/f., east wing, shun tak centre, 200 connaught road central, Hong Kong Reported Earnings • Mar 29
Full year 2023 earnings released: HK$0.12 loss per share (vs HK$0.038 loss in FY 2022) Full year 2023 results: HK$0.12 loss per share (further deteriorated from HK$0.038 loss in FY 2022). Revenue: HK$206.2m (up HK$202.3m from FY 2022). Net loss: HK$289.5m (loss widened 208% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Announcement • Mar 16
China Star Entertainment Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 China Star Entertainment Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Reported Earnings • Sep 04
First half 2023 earnings released: HK$0.033 loss per share (vs HK$0.014 loss in 1H 2022) First half 2023 results: HK$0.033 loss per share (further deteriorated from HK$0.014 loss in 1H 2022). Revenue: HK$121.1m (up HK$120.9m from 1H 2022). Net loss: HK$82.4m (loss widened 129% from 1H 2022). 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 17% per year, which means it is significantly lagging earnings. Announcement • Aug 24
China Star Entertainment Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023 China Star Entertainment Limited provided earnings guidance for the six months ended 30 June 2023. For the period, the company expects to record a consolidated loss between HKD 78 million to HKD 88 million for the six months ended 30 June 2023 as compared to the corresponding figure of HKD 35,943,000 for the six months ended 30 June 2022. Based on a preliminary review on the unaudited consolidated management accounts of the Group for the six months ended 30 June 2023 and information currently available to the Board, the increase in loss is mainly attributable to a substantial increase in finance costs amounted to approximately HKD 76 million (Six months ended 30 June 2022: HKD 27,634,000, included HKD 26,565,000 capitalised to stock of properties) due to increase in interest rates of the Group's bank loan in the period and increase in marketing, selling and distribution expenses from HKD 1,277,000 for the six months ended 30 June 2022 as more marketing expenses were incurred in new business multi-media and entertainment business operations. The effect was partially offset by increase in gross profit generated from property development and investment operations and multi-media and entertainment business operation and decrease in recognition of loss arising on change in fair value of financial assets at fair value through profit or loss amounted to approximately HKD 7 million as compared to HKD 23,380,000 for the six months ended 30 June 2022. Announcement • Aug 19
China Star Entertainment Limited to Report First Half, 2023 Results on Aug 30, 2023 China Star Entertainment Limited announced that they will report first half, 2023 results on Aug 30, 2023 Announcement • Jun 03
China Star Entertainment Limited, Annual General Meeting, Jun 29, 2023 China Star Entertainment Limited, Annual General Meeting, Jun 29, 2023. Agenda: To consider to adopt a new bye-laws incorporating and consolidating the Proposed Amendments in substitution for, and to the exclusion of, the Existing Bye-laws. Reported Earnings • Apr 01
Full year 2022 earnings released: HK$0.038 loss per share (vs HK$0.059 loss in FY 2021) Full year 2022 results: HK$0.038 loss per share (improved from HK$0.059 loss in FY 2021). Net loss: HK$94.1m (loss narrowed 37% from FY 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Jan 05
China Star Entertainment Limited Announces Board Changes China Star Entertainment Limited announced that Mr. Tang Chak Lam, Gilbert ("Mr. Tang") has tendered his resignation as an independent non-executive Director, a member of each of the audit committee and remuneration committee and chairman of the nomination committee of the Board with effect from 4 January 2023 due to his other business commitments which require more of his time and dedication. The Board announced that Mr. Tai Kwok Leung, Alexander, ("Mr. Tai ") has been appointed as an independent non-executive Director, a member of each of the audit committee and remuneration committee and chairman of the nomination committee of the Board with effect from 4 January 2023. Mr. Tai, aged 65, graduated from Victoria University of Wellington in New Zealand with a degree in Bachelor of Commerce and Administration in 1982 and became an associate member of the Hong Kong Institute of Certified Public Accountants in 1983. Mr. Tai has extensive accountancy, corporate finance and investment experience in Hong Kong and overseas. Mr. Tai is a partner of VMS Group, a licensed corporation under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) to conduct Type 1 (dealing in securities), Type 4 (advising on securities), Type 6 (advising on corporate finance) and Type 9 (asset management) regulated activities. Mr. Tai is a member of Shandong Committee of the Chinese People's Political Consultative Conference. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Non-Executive Director Gilbert Tang was the last director to join the board, commencing their role in 2011. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 01
First half 2022 earnings released: HK$0.014 loss per share (vs HK$0.014 loss in 1H 2021) First half 2022 results: HK$0.014 loss per share (vs HK$0.014 loss in 1H 2021). Net loss: HK$35.9m (flat on 1H 2021). 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 5% per year, which means it is significantly lagging earnings. Announcement • Aug 19
China Star Entertainment Limited to Report First Half, 2022 Results on Aug 30, 2022 China Star Entertainment Limited announced that they will report first half, 2022 results on Aug 30, 2022 Announcement • May 28
China Star Entertainment Limited, Annual General Meeting, Jun 29, 2022 China Star Entertainment Limited, Annual General Meeting, Jun 29, 2022, at 16:00 China Standard Time. Location: Golden Restaurant, 1/F., East Wing, Shun Tak Centre, 200 Connaught Road Central Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements and the reports of the directors and the independent auditors of the company for the year ended 31 December 2021; to re-elect Mr. Hung Cho Sing as independent non-executive director of the company; to authorise the Company's board of directors to fix the directors' remuneration; to re-appoint HLB Hodgson Impey Cheng Limited as independent auditors of the company and to authorise the Company's board of directors to fix the auditors' remuneration; and to consider others. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. Independent Non-Executive Director Gilbert Tang was the last director to join the board, commencing their role in 2011. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 01
Full year 2021 earnings released: HK$0.059 loss per share (vs HK$0.042 loss in FY 2020) Full year 2021 results: HK$0.059 loss per share (down from HK$0.042 loss in FY 2020). Net loss: HK$148.6m (loss widened 35% from FY 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 03
First half 2021 earnings released: HK$0.014 loss per share (vs HK$0.024 loss in 1H 2020) First half 2021 results: Net loss: HK$36.0m (loss narrowed 43% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 02
Full year 2020 earnings released: HK$0.041 loss per share (vs HK$0.12 loss in FY 2019) Full year 2020 results: Net loss: HK$110.4m (loss narrowed 67% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 45% per year, which means it is well ahead of earnings. Announcement • Mar 24
China Star Entertainment Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2020 China Star Entertainment Limited provided consolidated earnings guidance for the year ended 31 December 2020. The group is expected to record a reduction of not less than 60% in its consolidated loss for the year ended 31 December 2020 as compared to the corresponding figure of HKD 335,731,000 for the year ended 31 December 2019. Based on a preliminary review on the unaudited consolidated management accounts of the Group for the year ended 31 December 2020 and information currently available to the Board, the decrease in loss is mainly attributable to the substantial decrease in: (i) impairment loss recognised in respect of film rights and film in progress of approximately HK$26 million for the year ended 31 December 2020 from HKD 135,521,000 for the year ended 31 December 2019; and (ii) recognition of loss arising on change in fair value of financial assets at fair value through profit or loss of approximately HKD 97 million for the year ended 31 December 2020 from
HKD 183,582,000 for the year ended 31 December 2019. Announcement • Mar 19
China Star Entertainment Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 China Star Entertainment Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Is New 90 Day High Low • Mar 10
New 90-day low: HK$1.28 The company is down 14% from its price of HK$1.48 on 10 December 2020. The Hong Kong market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 15% over the same period. Is New 90 Day High Low • Feb 04
New 90-day low: HK$1.32 The company is down 17% from its price of HK$1.59 on 06 November 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 28% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: HK$1.42 The company is down 6.0% from its price of HK$1.51 on 23 September 2020. The Hong Kong market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 7.0% over the same period. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total losses of HK$381.7m, with losses widening by HK$341.7m from the prior year. Is New 90 Day High Low • Sep 30
New 90-day low: HK$1.45 The company is down 16% from its price of HK$1.73 on 02 July 2020. The Hong Kong market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 9.0% over the same period. Announcement • Aug 30
China Star Entertainment Limited to Report First Half, 2020 Final Results on Sep 30, 2020 China Star Entertainment Limited announced that they will report first half, 2020 final results on Sep 30, 2020 Announcement • Aug 22
China Star Entertainment Limited to Report First Half, 2020 Results on Aug 28, 2020 China Star Entertainment Limited announced that they will report first half, 2020 results on Aug 28, 2020 