Buy Or Sell Opportunity • Jun 30
Now 22% overvalued Over the last 90 days, the stock has fallen 17% to CN¥43.25. The fair value is estimated to be CN¥35.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 54% in 2 years. Earnings are forecast to grow by 71% in the next 2 years. Announcement • Jun 30
Beijing InHand Networks Technology Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Beijing InHand Networks Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Buy Or Sell Opportunity • Jun 09
Now 22% overvalued Over the last 90 days, the stock has fallen 30% to CN¥43.40. The fair value is estimated to be CN¥35.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 54% in 2 years. Earnings are forecast to grow by 71% in the next 2 years. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥44.85, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 59x in the Communications industry in China. Total loss to shareholders of 11% over the past three years. Reported Earnings • Apr 22
First quarter 2026 earnings released: EPS: CN¥0.13 (vs CN¥0.30 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.13 (down from CN¥0.30 in 1Q 2025). Revenue: CN¥134.4m (down 10% from 1Q 2025). Net income: CN¥9.29m (down 58% from 1Q 2025). Profit margin: 6.9% (down from 15% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 33% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Apr 22
Beijing InHand Networks Technology Co., Ltd., Annual General Meeting, May 19, 2026 Beijing InHand Networks Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 10:00 China Standard Time. Location: 14F, China Taiping Financial Tower, High-tech Zone, Chengdu, Sichuan China Announcement • Mar 30
Beijing InHand Networks Technology Co., Ltd. to Report Q1, 2026 Results on Apr 22, 2026 Beijing InHand Networks Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 22, 2026 Reported Earnings • Mar 04
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥2.04 (up from CN¥1.76 in FY 2024). Revenue: CN¥777.2m (up 27% from FY 2024). Net income: CN¥150.3m (up 16% from FY 2024). Profit margin: 19% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 9.3%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 28% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. New Risk • Jan 14
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 7.5% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to CN¥69.13, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 52x in the Communications industry in China. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.30 per share. Announcement • Dec 26
Beijing InHand Networks Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026 Beijing InHand Networks Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.48 (vs CN¥0.40 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.48 (up from CN¥0.40 in 3Q 2024). Revenue: CN¥198.1m (up 35% from 3Q 2024). Net income: CN¥35.2m (up 18% from 3Q 2024). Profit margin: 18% (down from 20% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Beijing InHand Networks Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Beijing InHand Networks Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥60.28, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 51x in the Communications industry in China. Total returns to shareholders of 94% over the past three years. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.61 (vs CN¥0.51 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.61 (up from CN¥0.51 in 2Q 2024). Revenue: CN¥201.9m (up 31% from 2Q 2024). Net income: CN¥45.1m (up 21% from 2Q 2024). Profit margin: 22% (down from 24% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Jun 30
Beijing InHand Networks Technology Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Beijing InHand Networks Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Buy Or Sell Opportunity • May 23
Now 20% overvalued Over the last 90 days, the stock has fallen 11% to CN¥45.18. The fair value is estimated to be CN¥37.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 70% in the next 2 years. Major Estimate Revision • Apr 29
Consensus EPS estimates increase by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥704.5m to CN¥736.0m. EPS estimate increased from CN¥1.98 to CN¥2.42 per share. Net income forecast to grow 34% next year vs 48% growth forecast for Communications industry in China. Consensus price target of CN¥46.16 unchanged from last update. Share price fell 6.6% to CN¥41.33 over the past week. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.30 (vs CN¥0.22 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.30 (up from CN¥0.22 in 1Q 2024). Revenue: CN¥149.5m (up 41% from 1Q 2024). Net income: CN¥22.3m (up 37% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year. Announcement • Apr 23
Beijing InHand Networks Technology Co., Ltd., Annual General Meeting, May 15, 2025 Beijing InHand Networks Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Chaoyang District, Beijing China Buy Or Sell Opportunity • Apr 07
Now 27% undervalued Over the last 90 days, the stock has risen 19% to CN¥37.20. The fair value is estimated to be CN¥50.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 6.4%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. Announcement • Mar 28
Beijing InHand Networks Technology Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025 Beijing InHand Networks Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 Reported Earnings • Feb 26
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: CN¥1.72 (up from CN¥1.27 in FY 2023). Revenue: CN¥611.8m (up 24% from FY 2023). Net income: CN¥127.7m (up 36% from FY 2023). Profit margin: 21% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. New Risk • Feb 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 8.5% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥40.09, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Communications industry in China. Total loss to shareholders of 7.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.78 per share. Buy Or Sell Opportunity • Jan 14
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.6% to CN¥32.55. The fair value is estimated to be CN¥26.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 49% in 2 years. Earnings are forecast to grow by 61% in the next 2 years. Announcement • Dec 27
Beijing InHand Networks Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Beijing InHand Networks Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.40 (vs CN¥0.31 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.40 (up from CN¥0.31 in 3Q 2023). Revenue: CN¥147.3m (up 28% from 3Q 2023). Net income: CN¥29.9m (up 37% from 3Q 2023). Profit margin: 20% (up from 19% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year. Buy Or Sell Opportunity • Oct 25
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to CN¥34.16. The fair value is estimated to be CN¥27.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 82% in 2 years. Earnings are forecast to grow by 98% in the next 2 years. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥30.02, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 28x in the Communications industry in China. Total loss to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥44.83 per share. Buy Or Sell Opportunity • Oct 09
Now 28% undervalued Over the last 90 days, the stock has risen 9.3% to CN¥32.21. The fair value is estimated to be CN¥44.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 4.2%. Revenue is forecast to grow by 81% in 2 years. Earnings are forecast to grow by 98% in the next 2 years. New Risk • Sep 30
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 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Sep 30
Beijing InHand Networks Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Beijing InHand Networks Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥27.15, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Communications industry in China. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥45.01 per share. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.51 (vs CN¥0.50 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.51. Revenue: CN¥154.8m (up 8.8% from 2Q 2023). Net income: CN¥37.1m (flat on 2Q 2023). Profit margin: 24% (down from 26% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Announcement • Jun 28
Beijing InHand Networks Technology Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Beijing InHand Networks Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • Apr 20
Beijing InHand Networks Technology Co., Ltd., Annual General Meeting, May 15, 2024 Beijing InHand Networks Technology Co., Ltd., Annual General Meeting, May 15, 2024, at 10:00 China Standard Time. Location: The Company's Meeting Room, Chaoyang District, Beijing China Reported Earnings • Apr 18
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥1.49 (up from CN¥0.96 in FY 2022). Revenue: CN¥493.3m (up 28% from FY 2022). Net income: CN¥94.0m (up 34% from FY 2022). Profit margin: 19% (in line with FY 2022). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 6.6%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥27.97, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 26x in the Communications industry in China. Total loss to shareholders of 3.7% over the past three years. Announcement • Mar 30
Beijing InHand Networks Technology Co., Ltd. to Report Q1, 2024 Results on Apr 19, 2024 Beijing InHand Networks Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 19, 2024 Reported Earnings • Feb 27
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥1.28 (up from CN¥0.96 in FY 2022). Revenue: CN¥493.3m (up 28% from FY 2022). Net income: CN¥94.5m (up 34% from FY 2022). Profit margin: 19% (up from 18% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 6.6%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 142% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥35.08, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 18% over the past three years. New Risk • Feb 05
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 7.5% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥29.35, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Communications industry in China. Total loss to shareholders of 7.1% over the past three years. Announcement • Dec 30
Beijing InHand Networks Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Beijing InHand Networks Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.17 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.31 (up from CN¥0.17 in 3Q 2022). Revenue: CN¥115.4m (up 34% from 3Q 2022). Net income: CN¥22.3m (up 81% from 3Q 2022). Profit margin: 19% (up from 14% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.50 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.50 (up from CN¥0.50 in 2Q 2022). Revenue: CN¥142.3m (up 3.4% from 2Q 2022). Net income: CN¥37.2m (up 2.9% from 2Q 2022). Profit margin: 26% (in line with 2Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 21
Upcoming dividend of CN¥0.14 per share at 0.2% yield Eligible shareholders must have bought the stock before 28 June 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 9.5% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Chinese dividend payers (2.0%). Lower than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥71.00, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 1.0% over the past three years. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.038 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.18 (up from CN¥0.038 in 1Q 2022). Revenue: CN¥94.3m (up 54% from 1Q 2022). Net income: CN¥9.33m (up 375% from 1Q 2022). Profit margin: 9.9% (up from 3.2% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥66.26, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 28x in the Communications industry in China. Total loss to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥61.21, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 27x in the Communications industry in China. Total loss to shareholders of 33% over the past three years. Reported Earnings • Mar 02
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥1.33 (down from CN¥2.00 in FY 2021). Revenue: CN¥387.3m (down 14% from FY 2021). Net income: CN¥70.0m (down 33% from FY 2021). Profit margin: 18% (down from 23% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 27%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥50.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Communications industry in China. Total loss to shareholders of 27% over the past year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Jia Ren was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥42.18, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Communications industry in China. Total loss to shareholders of 26% over the past year. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥1.11 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.23 (down from CN¥1.11 in 3Q 2021). Revenue: CN¥86.5m (down 38% from 3Q 2021). Net income: CN¥12.4m (down 79% from 3Q 2021). Profit margin: 14% (down from 42% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Buying Opportunity • Oct 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.1%. The fair value is estimated to be CN¥49.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 81% in 2 years. Earnings is forecast to grow by 74% in the next 2 years. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥40.63, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Communications industry in China. Total loss to shareholders of 14% over the past year. Buying Opportunity • Sep 08
Now 23% undervalued Over the last 90 days, the stock is up 2.3%. The fair value is estimated to be CN¥55.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 81% in 2 years. Earnings is forecast to grow by 74% in the next 2 years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.69 (vs CN¥0.59 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.69 (up from CN¥0.59 in 2Q 2021). Revenue: CN¥137.7m (down 4.9% from 2Q 2021). Net income: CN¥36.2m (up 16% from 2Q 2021). Profit margin: 26% (up from 22% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 49%, compared to a 33% growth forecast for the Communications industry in China. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥43.71, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Communications industry in China. Negligible returns to shareholders over past year. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.038 (down from CN¥0.047 in 1Q 2021). Revenue: CN¥61.3m (up 15% from 1Q 2021). Net income: CN¥1.97m (down 20% from 1Q 2021). Profit margin: 3.2% (down from 4.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 34%, compared to a 30% growth forecast for the industry in China. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Buying Opportunity • Apr 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 39%. The fair value is estimated to be CN¥56.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 7.7%. Revenue is forecast to grow by 76% in 2 years. Earnings is forecast to grow by 93% in the next 2 years. Reported Earnings • Feb 25
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CN¥1.94 (up from CN¥0.80 in FY 2020). Revenue: CN¥449.5m (up 45% from FY 2020). Net income: CN¥101.9m (up 152% from FY 2020). Profit margin: 23% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 24%, compared to a 28% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥87.53, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 50x in the Communications industry in China. Total returns to shareholders of 72% over the past year. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥80.93, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 52x in the Communications industry in China. Total returns to shareholders of 24% over the past year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥1.11 (vs CN¥0.28 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥140.1m (up 89% from 3Q 2020). Net income: CN¥58.2m (up 425% from 3Q 2020). Profit margin: 42% (up from 15% in 3Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥54.78, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 50x in the Communications industry in China. Total loss to shareholders of 22% over the past year. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥58.96, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 51x in the Communications industry in China. Total loss to shareholders of 25% over the past year. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.59 (vs CN¥0.42 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥144.8m (up 50% from 2Q 2020). Net income: CN¥31.2m (up 39% from 2Q 2020). Profit margin: 22% (down from 23% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥58.00, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 51x in the Communications industry in China. Total loss to shareholders of 28% over the past year. Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥0.047 (vs CN¥0.004 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥53.2m (up 38% from 1Q 2020). Net income: CN¥2.46m (up CN¥2.28m from 1Q 2020). Profit margin: 4.6% (up from 0.5% in 1Q 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Mar 09
New 90-day low: CN¥38.69 The company is down 37% from its price of CN¥61.00 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 15% over the same period. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.80 (vs CN¥1.32 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥310.5m (up 4.7% from FY 2019). Net income: CN¥40.3m (down 22% from FY 2019). Profit margin: 13% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥45.82 The company is down 34% from its price of CN¥69.05 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 12% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥47.04 The company is down 35% from its price of CN¥72.40 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥56.62 The company is down 27% from its price of CN¥77.60 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 6.0% over the same period. Is New 90 Day High Low • Nov 27
New 90-day low: CN¥65.99 The company is down 18% from its price of CN¥80.80 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: CN¥67.00 The company is down 19% from its price of CN¥82.26 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 15% over the same period. Announcement • Jul 10
Beijing InHand Networks Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020 Beijing InHand Networks Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020