Announcement • Jun 30
COL Group Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026 COL Group Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 New Risk • Apr 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥270m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥270m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 51% per year over the past 5 years. Reported Earnings • Apr 23
First quarter 2026 earnings released: CN¥0.063 loss per share (vs CN¥0.12 loss in 1Q 2025) First quarter 2026 results: CN¥0.063 loss per share (improved from CN¥0.12 loss in 1Q 2025). Revenue: CN¥310.3m (up 33% from 1Q 2025). Net loss: CN¥45.8m (loss narrowed 48% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Apr 23
COL Group Co.,Ltd., Annual General Meeting, May 13, 2026 COL Group Co.,Ltd., Annual General Meeting, May 13, 2026, at 14:30 China Standard Time. Location: 6F, Block E, No. 28, Andingmen East Avenue, Dongcheng District, Beijing China Announcement • Mar 31
COL Group Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026 COL Group Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 New Risk • Feb 22
New major risk - Revenue and earnings growth Earnings have declined by 33% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥224m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 33% per year over the past 5 years. New Risk • Jan 12
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 8.6% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥224m free cash flow). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • Dec 31
COL Group Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 COL Group Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 New Risk • Nov 21
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 9.3% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥224m free cash flow). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Reported Earnings • Oct 24
Third quarter 2025 earnings released: CN¥0.40 loss per share (vs CN¥0.052 loss in 3Q 2024) Third quarter 2025 results: CN¥0.40 loss per share (further deteriorated from CN¥0.052 loss in 3Q 2024). Revenue: CN¥454.6m (up 31% from 3Q 2024). Net loss: CN¥294.0m (loss widened CN¥256.0m from 3Q 2024). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. Announcement • Sep 30
COL Group Co.,Ltd. to Report Q3, 2025 Results on Oct 24, 2025 COL Group Co.,Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 New Risk • Aug 25
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 9.3% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥168m free cash flow). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Reported Earnings • Aug 25
Second quarter 2025 earnings released: CN¥0.19 loss per share (vs CN¥0.11 loss in 2Q 2024) Second quarter 2025 results: CN¥0.19 loss per share (further deteriorated from CN¥0.11 loss in 2Q 2024). Revenue: CN¥323.4m (up 35% from 2Q 2024). Net loss: CN¥138.5m (loss widened 70% from 2Q 2024). Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings. Announcement • Jul 02
COL Group Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 COL Group Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Reported Earnings • Apr 30
First quarter 2025 earnings released: CN¥0.12 loss per share (vs CN¥0.094 loss in 1Q 2024) First quarter 2025 results: CN¥0.12 loss per share (further deteriorated from CN¥0.094 loss in 1Q 2024). Revenue: CN¥233.1m (up 4.7% from 1Q 2024). Net loss: CN¥87.9m (loss widened 28% from 1Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Announcement • Apr 29
COL Group Co.,Ltd., Annual General Meeting, May 19, 2025 COL Group Co.,Ltd., Annual General Meeting, May 19, 2025, at 14:30 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 Chinese stocks, typically moving 9.0% 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 • Mar 31
COL Group Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 COL Group Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
COL Group Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 COL Group Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: CN¥0.052 loss per share (vs CN¥0.052 profit in 3Q 2023) Third quarter 2024 results: CN¥0.052 loss per share (down from CN¥0.052 profit in 3Q 2023). Revenue: CN¥345.8m (down 6.2% from 3Q 2023). Net loss: CN¥38.0m (down 196% from profit in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 75% per year, which means it is well ahead of earnings. Announcement • Sep 30
COL Group Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 COL Group Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0 in 2Q 2023) Second quarter 2024 results: CN¥0.11 loss per share (further deteriorated from CN¥0 in 2Q 2023). Revenue: CN¥239.5m (down 34% from 2Q 2023). Net loss: CN¥81.6m (down CN¥81.8m from profit in 2Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Announcement • Jun 29
COL Group Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 COL Group Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Mar 30
COL Group Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 COL Group Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Dec 29
COL Group Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024 COL Group Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024 New Risk • Nov 02
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 8.4% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥232m free cash flow). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Board Change • Oct 19
High number of new directors Independent Director Xiaojun Tan was the last director to join the board, commencing their role in 2023. Announcement • Oct 11
COL Group Co.,Ltd. Approves Executive Appointments COL Group Co.,Ltd. at its Extraordinary General Meeting of 2023 on 09 October 2023 approved Election of Tan Xiaojun and Lian Lian as independent directors and Election of Zhao Chen as non-employee supervisor. Announcement • Sep 30
COL Group Co.,Ltd. to Report Q3, 2023 Results on Oct 23, 2023 COL Group Co.,Ltd. announced that they will report Q3, 2023 results on Oct 23, 2023 Price Target Changed • Nov 16
Price target decreased to CN¥9.90 Down from CN¥23.33, the current price target is provided by 1 analyst. New target price is 11% below last closing price of CN¥11.07. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥0.19 for next year compared to CN¥0.14 last year. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.085 loss per share (vs CN¥0.041 profit in 3Q 2021) Third quarter 2022 results: CN¥0.085 loss per share (down from CN¥0.041 profit in 3Q 2021). Revenue: CN¥425.0m (up 32% from 3Q 2021). Net loss: CN¥62.6m (down 311% from profit in 3Q 2021). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.061 loss per share (vs CN¥0.075 profit in 2Q 2021) Second quarter 2022 results: CN¥0.061 loss per share (down from CN¥0.075 profit in 2Q 2021). Revenue: CN¥252.8m (down 19% from 2Q 2021). Net loss: CN¥44.3m (down 182% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 76%, compared to a 14% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥11.74, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 17x in the Media industry in China. Total returns to shareholders of 141% over the past three years. Announcement • Jun 11
COL Digital Publishing Group Co., Ltd., Annual General Meeting, Jun 30, 2022 COL Digital Publishing Group Co., Ltd., Annual General Meeting, Jun 30, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 annual report and its summary; to consider 2021 profit distribution plan; to consider Remuneration for directors, supervisors and senior management and allowance for independent directors; and to consider any other matters. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥10.42, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 15x in the Media industry in China. Total returns to shareholders of 131% over the past three years. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.14 (vs CN¥0.067 in FY 2020) Full year 2021 results: EPS: CN¥0.14 (up from CN¥0.067 in FY 2020). Revenue: CN¥1.19b (up 22% from FY 2020). Net income: CN¥98.8m (up 102% from FY 2020). Profit margin: 8.3% (up from 5.0% 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 103% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.041 (vs CN¥0.029 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥321.5m (up 41% from 3Q 2020). Net income: CN¥29.7m (up 42% from 3Q 2020). Profit margin: 9.2% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.075 (vs CN¥0.029 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥310.4m (up 25% from 2Q 2020). Net income: CN¥54.3m (up 153% from 2Q 2020). Profit margin: 18% (up from 8.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.067 (vs CN¥0.79 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥975.9m (up 38% from FY 2019). Net income: CN¥48.9m (up CN¥652.2m from FY 2019). Profit margin: 5.0% (up from net loss in FY 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year. Announcement • Mar 09
COL Digital Publishing Group Co., Ltd. to Report Fiscal Year 2020 Results on Apr 23, 2021 COL Digital Publishing Group Co., Ltd. announced that they will report fiscal year 2020 results on Apr 23, 2021 Is New 90 Day High Low • Feb 26
New 90-day low: CN¥7.00 The company is down 12% from its price of CN¥7.95 on 27 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 8.0% over the same period. Is New 90 Day High Low • Jan 18
New 90-day high: CN¥8.90 The company is up 22% from its price of CN¥7.31 on 20 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 12% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥6.70 The company is down 26% from its price of CN¥9.06 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 2.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥364.5m, with losses narrowing by 79% from the prior year. Total revenue was CN¥847.5m over the last 12 months, up 25% from the prior year. Announcement • Oct 20
COL Digital Publishing Group Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020 COL Digital Publishing Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Announcement • Aug 06
Shanghai Shunfei Enterprise Development Co., Ltd. agreed to acquire Shanghai MorningTec Co., Ltd. from COL Digital Publishing Group Co., Ltd. (SZSE:300364) for CNY 45.67 million. Shanghai Shunfei Enterprise Development Co., Ltd. agreed to acquire Shanghai MorningTec Co., Ltd. from COL Digital Publishing Group Co., Ltd. (SZSE:300364) for CNY 45.67 million on July 30, 2020. As per terms of transaction, Shanghai Shunfei Enterprise Development Co., Ltd. paid the security deposit of CNY 18 million for this transaction to the supervisory account and paid the first equity purchase consideration of CNY 12 million, the second equity purchase consideration of CNY 18 million will be paid within 2 working days after the completion of the registration of the industrial and commercial change of the equity transfer and the third equity purchase consideration of CNY 15.67 million to Chinese Online within 15 working days after completing the registration of the industrial and commercial change of the equity transfer. Post completion, Shanghai MorningTec Co., Ltd. will no longer be included in the scope of the COL Digital Publishing Group Co., Ltd consolidated statements. For the year ended December 31, 2019, Shanghai MorningTec Co., Ltd. reported total assets of CNY 91.430899 million, total owner equity of CNY 44.457531 million, operating revenue of CNY 20.761217 million, operating profit of CNY -274.141951 million and net profit of -279.432315 million. Transaction is approved by the board of COL Digital Publishing Group Co., Ltd. Announcement • Jul 24
COL Digital Publishing Group Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020 COL Digital Publishing Group Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020