Announcement • Jun 30
Shenzhen Minkave Technology Co., Ltd. to Report First Half, 2026 Results on Aug 24, 2026 Shenzhen Minkave Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 24, 2026 New Risk • Jun 25
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 9.9% 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. New Risk • May 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 105% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. New Risk • Apr 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 105% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥94m free cash flow). Shareholders have been substantially diluted in the past year (105% increase in shares outstanding). Board Change • Apr 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Shuai Yang was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 14
Wei Wei aquired 3.88% stake in Shenzhen Minkave Technology Co., Ltd. (SZSE:300506) from Cheng Zongyu. Wei Wei proposed to acquire 3.88% stake in Shenzhen Minkave Technology Co., Ltd. (SZSE:300506) from Cheng Zongyu for approximately CNY 240 million on January 30, 2026. A cash consideration of CNY 243.72 million will be paid by the buyer. As a result. Cheng Zongyu no longer holds any shares in Shenzhen Minkave Technology Co., Ltd.
Wei Wei completed the acquisition of 3.88% stake in Shenzhen Minkave Technology Co., Ltd. (SZSE:300506) from Cheng Zongyu on April 10, 2026. Announcement • Apr 10
Shenzhen Minkave Technology Co., Ltd., Annual General Meeting, May 07, 2026 Shenzhen Minkave Technology Co., Ltd., Annual General Meeting, May 07, 2026, at 14:30 China Standard Time. Location: 20F, Tower A, Building 10, No. 10, Gaoxin South 9th Road, Nanshan District, Shenzhen, Guangdong China Reported Earnings • Apr 10
Full year 2025 earnings released: CN¥0.10 loss per share (vs CN¥0.19 loss in FY 2024) Full year 2025 results: CN¥0.10 loss per share (improved from CN¥0.19 loss in FY 2024). Revenue: CN¥179.8m (up 54% from FY 2024). Net loss: CN¥67.6m (loss narrowed 48% from FY 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Mar 31
Shenzhen Minkave Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen Minkave Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Board Change • Feb 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Shuai Yang was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 20
Shenzhen Minkave Technology Co., Ltd. Approves Board Elections Shenzhen Minkave Technology Co., Ltd. at its Extraordinary General Meeting held on 16 January 2026 approved the election of Wu Liqun, Yang Shuai and Gao Changjian as non-independent director. Announcement • Dec 31
Shenzhen Minkave Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2026 Shenzhen Minkave Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2026 New Risk • Dec 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥86m free cash flow). Negative equity (-CN¥17m). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.042 loss per share (vs CN¥0.032 loss in 3Q 2024) Third quarter 2025 results: CN¥0.042 loss per share (further deteriorated from CN¥0.032 loss in 3Q 2024). Revenue: CN¥66.1m (up 222% from 3Q 2024). Net loss: CN¥32.6m (loss widened 63% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Shenzhen Minkave Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Shenzhen Minkave Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 02
Shenzhen Minkave Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Shenzhen Minkave Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • May 05
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¥47m 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¥47m free cash flow). Earnings have declined by 6.2% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). Announcement • Mar 31
Shenzhen Minkave Technology Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Shenzhen Minkave Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Mar 21
Shenzhen Minkave Technology Co., Ltd., Annual General Meeting, Apr 11, 2025 Shenzhen Minkave Technology Co., Ltd., Annual General Meeting, Apr 11, 2025, at 14:30 China Standard Time. Location: 20F, Tower A, Building 10, No. 10, Gaoxin South 9th Road, Nanshan District, Shenzhen, Guangdong China Board Change • Jan 10
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Tai Zhou was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Jan 08
Shenzhen Minkave Technology Co., Ltd. Approves Election of Management Members Shenzhen Minkave Technology Co., Ltd. announced that at its EGM held on 6 January 2025, the shareholders approved election of Fan Zhiquan and Zhou Jiakang as non-independent directors; Zhou Tai as independent director; Hou Yanli as non-employee supervisor. Announcement • Dec 31
Shenzhen Minkave Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 14, 2025 Shenzhen Minkave Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 14, 2025 New Risk • Oct 30
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¥16m 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¥16m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 29% per year over the past 5 years. Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.032 loss per share (vs CN¥0.039 loss in 3Q 2023) Third quarter 2024 results: CN¥0.032 loss per share (improved from CN¥0.039 loss in 3Q 2023). Revenue: CN¥20.6m (flat on 3Q 2023). Net loss: CN¥20.0m (loss narrowed 18% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Board Change • Oct 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. 5 experienced directors. 3 highly experienced directors. Independent Director Bo Zhang was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Sep 30
Shenzhen Minkave Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shenzhen Minkave Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 24
Second quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.17 loss in 2Q 2023) Second quarter 2024 results: CN¥0.03 loss per share (improved from CN¥0.17 loss in 2Q 2023). Revenue: CN¥55.4m (up 189% from 2Q 2023). Net loss: CN¥25.5m (loss narrowed 74% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Shenzhen Minkave Technology Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Shenzhen Minkave Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Announcement • Apr 28
Shenzhen Minkave Technology Co., Ltd., Annual General Meeting, May 20, 2024 Shenzhen Minkave Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 15:00 China Standard Time. Location: 2F, Tower A, Building 10, No. 10, Gaoxin South 9th Road, Nanshan District, Shenzhen, Guangdong China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 annual report and its summary; to consider 2023 profit distribution plan; and to consider unrecovered losses account for one third of the paid-in capital. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.02 (in line with 1Q 2023). Revenue: CN¥24.8m (down 13% from 1Q 2023). Net income: CN¥11.3m (down 29% from 1Q 2023). Profit margin: 45% (down from 56% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Apr 18
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 48% to CN¥2.21. The fair value is estimated to be CN¥3.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 68% over the last 3 years. Earnings per share has declined by 23%. Announcement • Mar 30
Shenzhen Minkave Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Shenzhen Minkave Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Buy Or Sell Opportunity • Feb 27
Now 22% overvalued Over the last 90 days, the stock has fallen 37% to CN¥3.92. The fair value is estimated to be CN¥3.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 68% over the last 3 years. Earnings per share has declined by 23%. Buy Or Sell Opportunity • Feb 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 66% to CN¥2.29. The fair value is estimated to be CN¥2.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 68% over the last 3 years. Earnings per share has declined by 23%. Announcement • Dec 29
Shenzhen Minkave Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Shenzhen Minkave Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Dec 08
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 6.0% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 59% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-CN¥23m). Share price has been volatile over the past 3 months (6.0% average weekly change). Revenue is less than US$5m (CN¥32m revenue, or US$4.4m). Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.039 loss per share (vs CN¥0.032 loss in 3Q 2022) Third quarter 2023 results: CN¥0.039 loss per share (further deteriorated from CN¥0.032 loss in 3Q 2022). Net loss: CN¥24.5m (loss widened 52% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Aug 13
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 6.2% 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 62% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Revenue is less than US$5m (CN¥22m revenue, or US$3.0m). Reported Earnings • Aug 10
Second quarter 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.058 loss in 2Q 2022) Second quarter 2023 results: CN¥0.17 loss per share (further deteriorated from CN¥0.058 loss in 2Q 2022). Net loss: CN¥99.5m (loss widened 98% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jul 01
Shenzhen Minkave Technology Co., Ltd. to Report First Half, 2023 Results on Aug 10, 2023 Shenzhen Minkave Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 10, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Bo Zhang 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 28
Third quarter 2022 earnings released: CN¥0.032 loss per share (vs CN¥0.13 loss in 3Q 2021) Third quarter 2022 results: CN¥0.032 loss per share (improved from CN¥0.13 loss in 3Q 2021). Revenue: CN¥10.7m (down 89% from 3Q 2021). Net loss: CN¥16.2m (loss narrowed 82% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Bo Zhang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 07
Shenzhen Minkave Technology Co., Ltd., Annual General Meeting, Apr 25, 2022 Shenzhen Minkave Technology Co., Ltd., Annual General Meeting, Apr 25, 2022, at 15:00 China Standard Time. Agenda: To consider and approve the 2021 work report of the board of directors; 2021 work report of the supervisory committee; 2021 annual accounts; 2021 annual report and its summary; 2021 profit distribution plan; and to discuss other matters. Reported Earnings • Apr 03
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CN¥0.80 loss per share (down from CN¥0.53 loss in FY 2020). Revenue: CN¥554.4m (up 8.1% from FY 2020). Net loss: CN¥526.9m (loss widened 51% from FY 2020). Revenue missed analyst estimates by 40%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 04
Third quarter 2021 earnings released: CN¥0.13 loss per share (vs CN¥0.01 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥94.0m (down 53% from 3Q 2020). Net loss: CN¥91.2m (down CN¥95.2m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Bo Zhang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Bo Zhang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 30
Full year 2020 earnings released: CN¥0.53 loss per share (vs CN¥0.23 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥512.9m (down 59% from FY 2019). Net loss: CN¥350.0m (down 337% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 08
New 90-day low: CN¥4.02 The company is down 32% from its price of CN¥5.91 on 10 November 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 13% over the same period. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS CN¥0.01 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥198.8m (down 33% from 3Q 2019). Net income: CN¥3.95m (down 94% from 3Q 2019). Profit margin: 2.0% (down from 22% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Aug 06
Shenzhen Minkave Technology Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Shenzhen Minkave Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020