New Risk • Jul 03
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 8.9% 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. Announcement • Jul 01
H&R Century Union Corporation to Report First Half, 2026 Results on Aug 27, 2026 H&R Century Union Corporation announced that they will report first half, 2026 results on Aug 27, 2026 Announcement • Apr 30
H&R Century Union Corporation, Annual General Meeting, Jun 18, 2026 H&R Century Union Corporation, Annual General Meeting, Jun 18, 2026, at 14:30 China Standard Time. Location: 30F, Building 1, Area No. 4, Wanjing East Park, Chaoyang District, Beijing China Reported Earnings • Apr 30
Full year 2025 earnings released: CN¥0.26 loss per share (vs CN¥0.25 loss in FY 2024) Full year 2025 results: CN¥0.26 loss per share (further deteriorated from CN¥0.25 loss in FY 2024). Revenue: CN¥526.7m (up 37% from FY 2024). Net loss: CN¥252.3m (loss widened 4.6% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Mar 31
H&R Century Union Corporation to Report Q1, 2026 Results on Apr 30, 2026 H&R Century Union Corporation announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
H&R Century Union Corporation to Report Fiscal Year 2025 Results on Apr 10, 2026 H&R Century Union Corporation announced that they will report fiscal year 2025 results on Apr 10, 2026 New Risk • Nov 24
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 9.6% 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¥191m free cash flow). Share price has been highly volatile over the past 3 months (9.6% average weekly change). New Risk • Oct 28
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¥191m 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 Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥191m free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.029 loss per share (vs CN¥0.072 loss in 3Q 2024) Third quarter 2025 results: CN¥0.029 loss per share (improved from CN¥0.072 loss in 3Q 2024). Revenue: CN¥144.4m (up 217% from 3Q 2024). Net loss: CN¥28.6m (loss narrowed 59% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Sep 30
H&R Century Union Corporation to Report Q3, 2025 Results on Oct 28, 2025 H&R Century Union Corporation announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Jul 03
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 8.5% 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¥211m free cash flow). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Announcement • Jul 02
H&R Century Union Corporation to Report First Half, 2025 Results on Aug 26, 2025 H&R Century Union Corporation announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • May 21
H&R Century Union Corporation, Annual General Meeting, Jun 11, 2025 H&R Century Union Corporation, Annual General Meeting, Jun 11, 2025, at 14:30 China Standard Time. Location: 30F, Building 1, Zone 4, Wangjing East Park, Chaoyang District, Beijing China New Risk • Apr 17
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¥211m 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 Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥211m free cash flow). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Apr 11
Full year 2024 earnings released: CN¥0.25 loss per share (vs CN¥0.41 loss in FY 2023) Full year 2024 results: CN¥0.25 loss per share (improved from CN¥0.41 loss in FY 2023). Revenue: CN¥384.9m (up 15% from FY 2023). Net loss: CN¥241.1m (loss narrowed 39% from FY 2023). 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 3% per year, which means it is well ahead of earnings. Announcement • Mar 31
H&R Century Union Corporation to Report Q1, 2025 Results on Apr 17, 2025 H&R Century Union Corporation announced that they will report Q1, 2025 results on Apr 17, 2025 Board Change • Jan 27
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, 1 was an independent director. The company's board is composed of: 5 new directors. 2 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Chairman & GM Zhicheng Zhao is the most experienced director on the board, commencing their role in 2015. Independent Director Peihua Zhang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. New Risk • Jan 22
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 11% 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. Announcement • Dec 31
H&R Century Union Corporation to Report Fiscal Year 2024 Results on Apr 10, 2025 H&R Century Union Corporation announced that they will report fiscal year 2024 results on Apr 10, 2025 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 Chinese stocks, typically moving 11% 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. Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.072 loss per share (vs CN¥0.003 loss in 3Q 2023) Third quarter 2024 results: CN¥0.072 loss per share (further deteriorated from CN¥0.003 loss in 3Q 2023). Revenue: CN¥45.6m (down 78% from 3Q 2023). Net loss: CN¥70.0m (loss widened CN¥68.1m from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Buy Or Sell Opportunity • Oct 28
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 37% to CN¥3.40. The fair value is estimated to be CN¥2.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has grown by 28%. Announcement • Sep 30
H&R Century Union Corporation to Report Q3, 2024 Results on Oct 30, 2024 H&R Century Union Corporation announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.043 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.001 (up from CN¥0.043 loss in 2Q 2023). Revenue: CN¥36.0m (down 13% from 2Q 2023). Net income: CN¥1.16m (up CN¥52.5m from 2Q 2023). Profit margin: 3.2% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jun 29
H&R Century Union Corporation to Report First Half, 2024 Results on Aug 26, 2024 H&R Century Union Corporation announced that they will report first half, 2024 results on Aug 26, 2024 Announcement • May 01
H&R Century Union Corporation, Annual General Meeting, May 27, 2024 H&R Century Union Corporation, Annual General Meeting, May 27, 2024, at 14:30 China Standard Time. Location: 30F, Area No. 4, Wanjing East Park, Chaoyang District, Beijing China Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.015 (vs CN¥0.008 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.015 (up from CN¥0.008 in 1Q 2023). Revenue: CN¥71.8m (up 32% from 1Q 2023). Net income: CN¥14.9m (up 88% from 1Q 2023). Profit margin: 21% (up from 15% in 1Q 2023). 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 3% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
H&R Century Union Corporation to Report Q1, 2024 Results on Apr 30, 2024 H&R Century Union Corporation announced that they will report Q1, 2024 results on Apr 30, 2024 New Risk • Feb 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Earnings have declined by 29% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Announcement • Dec 29
H&R Century Union Corporation to Report Fiscal Year 2023 Results on Apr 30, 2024 H&R Century Union Corporation announced that they will report fiscal year 2023 results on Apr 30, 2024 New Risk • Nov 22
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 6.7% 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 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.003 loss per share (vs CN¥0.059 profit in 3Q 2022) Third quarter 2023 results: CN¥0.003 loss per share (down from CN¥0.059 profit in 3Q 2022). Revenue: CN¥203.0m (down 55% from 3Q 2022). Net loss: CN¥1.90m (down 103% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
H&R Century Union Corporation to Report Q3, 2023 Results on Oct 30, 2023 H&R Century Union Corporation announced that they will report Q3, 2023 results on Oct 30, 2023 New Risk • Jul 31
New major risk - Revenue and earnings growth Earnings have declined by 29% 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 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Jul 30
Second quarter 2023 earnings released: CN¥0.043 loss per share (vs CN¥0.018 profit in 2Q 2022) Second quarter 2023 results: CN¥0.043 loss per share (down from CN¥0.018 profit in 2Q 2022). Revenue: CN¥41.4m (down 77% from 2Q 2022). Net loss: CN¥51.3m (down 396% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Jul 01
H&R Century Union Corporation to Report First Half, 2023 Results on Jul 31, 2023 H&R Century Union Corporation announced that they will report first half, 2023 results on Jul 31, 2023 Reported Earnings • Apr 21
First quarter 2023 earnings released: EPS: CN¥0.008 (vs CN¥0.013 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.008 (down from CN¥0.013 in 1Q 2022). Revenue: CN¥54.3m (down 70% from 1Q 2022). Net income: CN¥7.90m (down 36% from 1Q 2022). Profit margin: 15% (up from 6.8% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jan 19
H&R Century Union Corporation Announces Board Elections H&R Century Union Corporation announced that at its EGM held on January 16, 2023, shareholders approved the election of Zhang Peihua as independent director, Fu Lei and Zhao Yikun as supervisors. Board Change • Dec 14
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 Jie Jia was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.059 (vs CN¥0.049 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.059 (up from CN¥0.049 in 3Q 2021). Revenue: CN¥453.5m (up 14% from 3Q 2021). Net income: CN¥57.1m (up 18% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Entertainment industry in China. 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 10% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: CN¥0.018 (vs CN¥0.007 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.018 (up from CN¥0.007 loss in 2Q 2021). Revenue: CN¥176.8m (up 426% from 2Q 2021). Net income: CN¥17.3m (up CN¥24.5m from 2Q 2021). Profit margin: 9.8% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 120%, compared to a 22% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Buying Opportunity • Jul 14
Now 21% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be CN¥4.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 44% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jun 29
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥4.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 44% over the last 3 years. Meanwhile, the company became loss making. Breakeven Date Change • May 10
Forecast to breakeven in 2022 The analyst covering H&R Century Union expects the company to break even for the first time. New forecast suggests the company will make a profit of CN¥197.0m in 2022. Earnings growth of 113% is required to achieve expected profit on schedule. Announcement • May 07
H&R Century Union Corporation, Annual General Meeting, May 26, 2022 H&R Century Union Corporation, Annual General Meeting, May 26, 2022, at 14:30 China Standard Time. Agenda: To approve 2021 annual report and its summary; to approve 2021 work report of the board of directors; to approve 2021 work report of the supervisory committee; to approve 2021 annual accounts; to approve 2021 profit distribution plan; to approve 2021 work report of independent directors; to approve Unrecovered losses account for one third of the paid-in capital; and to approve reappointment of audit firm. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.013 (down from CN¥0.019 in 1Q 2021). Revenue: CN¥181.8m (up CN¥153.8m from 1Q 2021). Net income: CN¥12.3m (down 34% from 1Q 2021). Profit margin: 6.8% (down from 66% in 1Q 2021). Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 202%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Breakeven Date Change • May 02
Forecast to breakeven in 2022 The analyst covering H&R Century Union expects the company to break even for the first time. New forecast suggests the company will make a profit of CN¥197.0m in 2022. Earnings growth of 123% is required to achieve expected profit on schedule. Price Target Changed • Apr 27
Price target decreased to CN¥6.00 Down from CN¥17.00, the current price target is provided by 1 analyst. New target price is 120% above last closing price of CN¥2.73. Stock is up 5.0% over the past year. The company is forecast to post a net loss per share of CN¥0.11 next year compared to a net loss per share of CN¥0.80 last year. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.049 (vs CN¥0.026 loss in 3Q 2020) The company reported a soft third quarter result with weaker revenues and profit margins, although earnings were improved. Third quarter 2021 results: Revenue: CN¥398.8m (down 4,993% from 3Q 2020). Net income: CN¥48.5m (up CN¥73.6m from 3Q 2020). Profit margin: 12% (down from 308% in 3Q 2020). The decrease in margin was primarily driven by lower revenue. 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. Reported Earnings • Aug 27
Second quarter 2021 earnings released: CN¥0.007 loss per share (vs CN¥0.14 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥33.6m (up 147% from 2Q 2020). Net loss: CN¥7.20m (loss narrowed 95% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • May 01
Full year 2020 earnings released: CN¥0.80 loss per share (vs CN¥0.56 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥184.9m (down 66% from FY 2019). Net loss: CN¥784.9m (loss widened 42% from FY 2019). 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. Is New 90 Day High Low • Feb 19
New 90-day high: CN¥3.46 The company is up 10.0% from its price of CN¥3.15 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is down 5.0% over the same period. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥2.09 The company is down 36% from its price of CN¥3.28 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 7.0% over the same period. Is New 90 Day High Low • Jan 05
New 90-day low: CN¥2.44 The company is down 32% from its price of CN¥3.58 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 13% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥2.78 The company is down 28% from its price of CN¥3.86 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 17% over the same period. Is New 90 Day High Low • Nov 26
New 90-day low: CN¥3.07 The company is down 20% from its price of CN¥3.84 on 28 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 21% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥705.1m, with earnings decreasing by CN¥855.0m from the prior year. Total revenue was CN¥419.8m over the last 12 months, down 55% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥3.46 The company is down 12% from its price of CN¥3.93 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 8.0% over the same period. Announcement • Jul 25
H&R Century Union Corporation to Report First Half, 2020 Results on Aug 21, 2020 H&R Century Union Corporation announced that they will report first half, 2020 results on Aug 21, 2020