Reported Earnings • Apr 25
First quarter 2026 earnings released: CN¥0.08 loss per share (vs CN¥0.11 loss in 1Q 2025) First quarter 2026 results: CN¥0.08 loss per share (improved from CN¥0.11 loss in 1Q 2025). Revenue: CN¥58.0m (up 169% from 1Q 2025). Net loss: CN¥7.75m (loss narrowed 29% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Announcement • Apr 20
Hangzhou Jingye Intelligent Technology Co., Ltd., Annual General Meeting, May 11, 2026 Hangzhou Jingye Intelligent Technology Co., Ltd., Annual General Meeting, May 11, 2026, at 09:30 China Standard Time. Location: No. 925, Ruquan Road, Binjiang District, Hangzhou, Zhejiang China Announcement • Mar 30
Hangzhou Jingye Intelligent Technology Co., Ltd. to Report Q1, 2026 Results on Apr 20, 2026 Hangzhou Jingye Intelligent Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 20, 2026 New Risk • Jan 29
New major risk - Revenue and earnings growth Earnings have declined by 32% 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 Risks Earnings have declined by 32% per year over the past 5 years. High level of non-cash earnings (39% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (9.2% net profit margin). Reported Earnings • Jan 29
Full year 2025 earnings released Full year 2025 results: Revenue: CN¥113.7m (up 133% from FY 2024). Net income: CN¥10.5m (up 31% from FY 2024). Profit margin: 9.2% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Dec 26
Hangzhou Jingye Intelligent Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 20, 2026 Hangzhou Jingye Intelligent Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 20, 2026 Board Change • Dec 09
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 Director Jiangxin Yang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2025 earnings released Third quarter 2025 results: Net income: (up CN¥5.42m from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Oct 30
New major risk - Revenue and earnings growth Earnings have declined by 23% 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 23% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Announcement • Sep 30
Hangzhou Jingye Intelligent Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Hangzhou Jingye Intelligent Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jun 30
Hangzhou Jingye Intelligent Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Hangzhou Jingye Intelligent Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • Apr 19
First quarter 2025 earnings released: CN¥0.10 loss per share (vs CN¥0.10 loss in 1Q 2024) First quarter 2025 results: CN¥0.10 loss per share (in line with 1Q 2024). Revenue: CN¥21.5m (down 7.5% from 1Q 2024). Net loss: CN¥9.90m (loss narrowed 11% from 1Q 2024). Revenue is forecast to grow 53% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Announcement • Apr 18
Hangzhou Jingye Intelligent Technology Co., Ltd., Annual General Meeting, May 08, 2025 Hangzhou Jingye Intelligent Technology Co., Ltd., Annual General Meeting, May 08, 2025, at 13:30 China Standard Time. Location: No. 925, Ruquan Road, Binjiang District, Hangzhou, Zhejiang China Price Target Changed • Apr 09
Price target increased by 10% to CN¥48.00 Up from CN¥43.56, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥47.60. Stock is up 15% over the past year. The company is forecast to post earnings per share of CN¥1.64 for next year compared to CN¥0.37 last year. Announcement • Mar 28
Hangzhou Jingye Intelligent Technology Co., Ltd. to Report Q1, 2025 Results on Apr 18, 2025 Hangzhou Jingye Intelligent Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 18, 2025 Reported Earnings • Mar 03
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.37 (up from CN¥0.35 in FY 2023). Revenue: CN¥275.0m (up 7.7% from FY 2023). Net income: CN¥37.4m (up 7.9% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue missed analyst estimates by 32%. Earnings per share (EPS) also missed analyst estimates by 60%. Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. Announcement • Dec 27
Hangzhou Jingye Intelligent Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Hangzhou Jingye Intelligent Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 New Risk • Dec 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 Chinese stocks, typically moving 13% 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 (13% average weekly change). High level of non-cash earnings (26% accrual ratio). Reported Earnings • Oct 24
Third quarter 2024 earnings released: CN¥0.063 loss per share (vs CN¥0.069 loss in 3Q 2023) Third quarter 2024 results: CN¥0.063 loss per share (improved from CN¥0.069 loss in 3Q 2023). Revenue: CN¥54.6m (up 50% from 3Q 2023). Net loss: CN¥5.42m (loss narrowed 36% from 3Q 2023). Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Announcement • Sep 30
Hangzhou Jingye Intelligent Technology Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Hangzhou Jingye Intelligent Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: CN¥0.36 (vs CN¥0.062 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.36 (up from CN¥0.062 in 2Q 2023). Revenue: CN¥71.4m (up 76% from 2Q 2023). Net income: CN¥23.7m (up 406% from 2Q 2023). Profit margin: 33% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Announcement • Jun 28
Hangzhou Jingye Intelligent Technology Co., Ltd. to Report First Half, 2024 Results on Aug 17, 2024 Hangzhou Jingye Intelligent Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 17, 2024 Price Target Changed • May 01
Price target decreased by 18% to CN¥42.82 Down from CN¥52.40, the current price target is provided by 1 analyst. New target price is 15% above last closing price of CN¥37.31. Stock is down 43% over the past year. The company is forecast to post earnings per share of CN¥0.97 for next year compared to CN¥0.35 last year. Major Estimate Revision • Apr 25
Consensus EPS estimates increase by 15%, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥663.0m to CN¥626.0m. EPS estimate rose from CN¥1.69 to CN¥1.94. Net income forecast to grow 1,063% next year vs 44% growth forecast for Machinery industry in China. Consensus price target down from CN¥52.40 to CN¥49.91. Share price fell 7.1% to CN¥35.30 over the past week. Reported Earnings • Apr 24
First quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.058 profit in 1Q 2023) First quarter 2024 results: CN¥0.10 loss per share (down from CN¥0.058 profit in 1Q 2023). Revenue: CN¥23.3m (down 55% from 1Q 2023). Net loss: CN¥11.2m (down 292% from profit in 1Q 2023). Revenue is forecast to grow 65% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Machinery industry in China. Announcement • Apr 23
Hangzhou Jingye Intelligent Technology Co., Ltd., Annual General Meeting, May 13, 2024 Hangzhou Jingye Intelligent Technology Co., Ltd., Annual General Meeting, May 13, 2024, at 09:30 China Standard Time. Location: 35F, No. 857, Xincheng Road, Binjiang District, Hangzhou, Zhejiang China Buy Or Sell Opportunity • Apr 22
Now 20% overvalued Over the last 90 days, the stock has fallen 14% to CN¥40.05. The fair value is estimated to be CN¥33.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has declined by 9.2%. Revenue is forecast to grow by 228% in 2 years. Earnings are forecast to grow by 616% in the next 2 years. Announcement • Mar 30
Hangzhou Jingye Intelligent Technology Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Hangzhou Jingye Intelligent Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Buy Or Sell Opportunity • Mar 20
Now 41% overvalued after recent price rise Over the last 90 days, the stock has risen 5.8% to CN¥46.54. The fair value is estimated to be CN¥32.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has declined by 9.2%. Revenue is forecast to grow by 228% in 2 years. Earnings are forecast to grow by 616% in the next 2 years. New Risk • Feb 26
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: 13% Last year net profit margin: 26% 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 Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (13% net profit margin). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Reported Earnings • Feb 26
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.36 (down from CN¥1.34 in FY 2022). Revenue: CN¥271.6m (down 41% from FY 2022). Net income: CN¥36.1m (down 70% from FY 2022). Profit margin: 13% (down from 26% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 42%. Earnings per share (EPS) also missed analyst estimates by 71%. Revenue is forecast to grow 54% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in China. Buy Or Sell Opportunity • Feb 23
Now 20% overvalued Over the last 90 days, the stock has fallen 4.6% to CN¥39.66. The fair value is estimated to be CN¥32.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 3.1%. Revenue is forecast to grow by 147% in 2 years. Earnings are forecast to grow by 249% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥39.87, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Machinery industry in China. Total loss to shareholders of 42% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.96 per share. Buy Or Sell Opportunity • Feb 08
Now 21% overvalued Over the last 90 days, the stock has fallen 9.8% to CN¥39.87. The fair value is estimated to be CN¥33.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 3.1%. Revenue is forecast to grow by 147% in 2 years. Earnings are forecast to grow by 249% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥42.90, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Machinery industry in China. Total loss to shareholders of 37% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.56 per share. Announcement • Jan 22
Hangzhou Jingye Intelligent Technology Co., Ltd. (SHSE:688290) commences an Equity Buyback Plan for CNY 30 million worth of its shares, under the authorization approved on January 5, 2024. Hangzhou Jingye Intelligent Technology Co., Ltd. (SHSE:688290) commences share repurchases on January 19, 2024, under the program mandated by shareholders in the Extraordinary General Meeting held on January 5, 2024. As per the mandate, the company is authorized to repurchase up to CNY 30 million worth of its shares. The shares will be repurchased at no more than CNY 60 per share. The purpose of the program is to further improve the company's long-term incentive mechanism and benefit-sharing mechanism, enhance team cohesion and corporate competitiveness, and promote the company's healthy and sustainable development, after comprehensive consideration Based on the company's financial status and future profitability. The company will use the repurchased shares for employee stock ownership plans or equity incentives. If the company fails to use the shares for said purpose within 3 years of the completion of repurchase, the remaining shares will be cancelled in accordance with the law. The program will be funded from company's own funds. The authorization will be valid for 12 months. New Risk • Jan 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 Chinese stocks, typically moving 6.3% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (51% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥48.82, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 18x in the Machinery industry in China. Total loss to shareholders of 22% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.55 per share. Price Target Changed • Nov 22
Price target decreased by 19% to CN¥52.40 Down from CN¥64.99, the current price target is an average from 2 analysts. New target price is 17% above last closing price of CN¥44.84. Stock is down 30% over the past year. The company is forecast to post earnings per share of CN¥1.23 for next year compared to CN¥1.34 last year. Major Estimate Revision • Oct 26
Consensus revenue estimates fall by 18% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥568.0m to CN¥467.3m. EPS estimate fell from CN¥1.49 to CN¥1.23 per share. Net income forecast to grow 136% next year vs 50% growth forecast for Machinery industry in China. Consensus price target down from CN¥64.99 to CN¥61.32. Share price was steady at CN¥40.85 over the past week. Reported Earnings • Oct 24
Third quarter 2023 earnings released: CN¥0.069 loss per share (vs CN¥0.14 profit in 3Q 2022) Third quarter 2023 results: CN¥0.069 loss per share (down from CN¥0.14 profit in 3Q 2022). Revenue: CN¥36.4m (down 51% from 3Q 2022). Net loss: CN¥8.51m (down 161% from profit in 3Q 2022). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.062 (vs CN¥0.35 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.062 (down from CN¥0.35 in 2Q 2022). Revenue: CN¥40.7m (down 64% from 2Q 2022). Net income: CN¥4.68m (down 86% from 2Q 2022). Profit margin: 12% (down from 30% in 2Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Price Target Changed • Jun 13
Price target decreased by 9.9% to CN¥78.93 Down from CN¥87.58, the current price target is an average from 2 analysts. New target price is 17% above last closing price of CN¥67.27. Stock is up 95% over the past year. The company is forecast to post earnings per share of CN¥1.65 for next year compared to CN¥1.34 last year. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥72.50, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 19x in the Machinery industry in China. Total returns to shareholders of 126% over the past year. Price Target Changed • May 02
Price target decreased by 9.9% to CN¥78.93 Down from CN¥87.58, the current price target is an average from 2 analysts. New target price is 20% above last closing price of CN¥65.90. Stock is up 149% over the past year. The company is forecast to post earnings per share of CN¥1.63 for next year compared to CN¥1.34 last year. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.033 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.07 (up from CN¥0.033 in 1Q 2022). Revenue: CN¥52.0m (up 40% from 1Q 2022). Net income: CN¥5.82m (up 158% from 1Q 2022). Profit margin: 11% (up from 6.1% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Machinery industry in China. Reported Earnings • Mar 01
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: CN¥1.61 (up from CN¥1.24 in FY 2021). Revenue: CN¥463.5m (up 33% from FY 2021). Net income: CN¥121.7m (up 59% from FY 2021). Profit margin: 26% (up from 22% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Machinery industry in China. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥77.52, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 18x in the Machinery industry in China. Reported Earnings • Oct 28
Third quarter 2022 earnings released Third quarter 2022 results: EPS: CN¥0.17. Net income: CN¥14.0m (up CN¥14.0m from 3Q 2021). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Machinery industry in China. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥93.93, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 19x in the Machinery industry in China. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 32% share price gain to CN¥63.98, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 20x in the Machinery industry in China. Buying Opportunity • Jul 01
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥60.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 56% over the last year. Earnings per share has grown by 35%. Revenue is forecast to grow by 79% in 2 years. Earnings is forecast to grow by 75% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥50.08, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 20x in the Machinery industry in China. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥45.27, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 18x in the Machinery industry in China.