Buy Or Sell Opportunity • Jun 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to CN¥3.80. The fair value is estimated to be CN¥4.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has grown by 14%. Reported Earnings • Apr 24
First quarter 2026 earnings released: CN¥0.018 loss per share (vs CN¥0.034 loss in 1Q 2025) First quarter 2026 results: CN¥0.018 loss per share (improved from CN¥0.034 loss in 1Q 2025). Revenue: CN¥263.2m (down 45% from 1Q 2025). Net loss: CN¥30.5m (loss narrowed 49% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year. Announcement • Apr 23
Beijing Watertek Information Technology Co., Ltd., Annual General Meeting, May 21, 2026 Beijing Watertek Information Technology Co., Ltd., Annual General Meeting, May 21, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Haidian District, Beijing China Announcement • Mar 31
Beijing Watertek Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Beijing Watertek Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Announcement • Dec 31
Beijing Watertek Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Beijing Watertek Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 23
Third quarter 2025 earnings released: CN¥0.02 loss per share (vs CN¥0.017 loss in 3Q 2024) Third quarter 2025 results: CN¥0.02 loss per share (further deteriorated from CN¥0.017 loss in 3Q 2024). Revenue: CN¥418.7m (up 4.7% from 3Q 2024). Net loss: CN¥35.4m (loss widened 21% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 21% per year. Announcement • Sep 30
Beijing Watertek Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Beijing Watertek Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 Reported Earnings • Aug 28
Second quarter 2025 earnings released: CN¥0.046 loss per share (vs CN¥0.038 loss in 2Q 2024) Second quarter 2025 results: CN¥0.046 loss per share (further deteriorated from CN¥0.038 loss in 2Q 2024). Revenue: CN¥576.9m (up 14% from 2Q 2024). Net loss: CN¥78.9m (loss widened 18% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 02
Beijing Watertek Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Beijing Watertek Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • Jul 01
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 10% 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. Reported Earnings • Apr 23
Full year 2024 earnings released: CN¥0.16 loss per share (vs CN¥0.15 loss in FY 2023) Full year 2024 results: CN¥0.16 loss per share (further deteriorated from CN¥0.15 loss in FY 2023). Revenue: CN¥2.72b (down 9.2% from FY 2023). Net loss: CN¥274.5m (loss widened 2.4% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Apr 20
Beijing Watertek Information Technology Co., Ltd., Annual General Meeting, May 23, 2025 Beijing Watertek Information Technology Co., Ltd., Annual General Meeting, May 23, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Haidian District, Beijing China New Risk • Apr 07
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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 5.9% per year over the past 5 years. Announcement • Mar 31
Beijing Watertek Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Beijing Watertek Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Dec 31
Beijing Watertek Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Beijing Watertek Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: CN¥0.017 loss per share (vs CN¥0.032 loss in 3Q 2023) Third quarter 2024 results: CN¥0.017 loss per share (improved from CN¥0.032 loss in 3Q 2023). Revenue: CN¥399.9m (down 3.9% from 3Q 2023). Net loss: CN¥29.4m (loss narrowed 47% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Beijing Watertek Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Beijing Watertek Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.038 loss per share (vs CN¥0.02 loss in 2Q 2023) Second quarter 2024 results: CN¥0.038 loss per share (further deteriorated from CN¥0.02 loss in 2Q 2023). Revenue: CN¥507.4m (down 29% from 2Q 2023). Net loss: CN¥66.6m (loss widened 97% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Beijing Watertek Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Beijing Watertek Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 21
Beijing Watertek Information Technology Co., Ltd., Annual General Meeting, May 17, 2024 Beijing Watertek Information Technology Co., Ltd., Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Haidian District, Beijing China Reported Earnings • Apr 20
Full year 2023 earnings released: CN¥0.15 loss per share (vs CN¥0.34 loss in FY 2022) Full year 2023 results: CN¥0.15 loss per share (improved from CN¥0.34 loss in FY 2022). Revenue: CN¥3.00b (up 22% from FY 2022). Net loss: CN¥268.1m (loss narrowed 55% from FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Beijing Watertek Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Beijing Watertek Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 New Risk • Mar 11
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Announcement • Dec 30
Beijing Watertek Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Beijing Watertek Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 New Risk • Oct 09
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 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.1% average weekly change). Earnings have declined by 44% per year over the past 5 years. Announcement • Jul 01
Beijing Watertek Information Technology Co., Ltd. to Report First Half, 2023 Results on Aug 23, 2023 Beijing Watertek Information Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 23, 2023 Reported Earnings • Apr 23
First quarter 2023 earnings released: CN¥0.025 loss per share (vs CN¥0.025 loss in 1Q 2022) First quarter 2023 results: CN¥0.025 loss per share (in line with 1Q 2022). Revenue: CN¥559.3m (up 12% from 1Q 2022). Net loss: CN¥43.8m (loss widened 1.5% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. 1 highly experienced director. Deputy GM, Board Secretary & Director Houfu Cai is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.029 loss per share (vs CN¥0.016 loss in 3Q 2021) Third quarter 2022 results: CN¥0.029 loss per share (further deteriorated from CN¥0.016 loss in 3Q 2021). Revenue: CN¥527.1m (down 34% from 3Q 2021). Net loss: CN¥49.4m (loss widened 75% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Buying Opportunity • Sep 05
Now 24% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be CN¥4.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has declined by 48%. Announcement • Sep 03
Beijing Watertek Information Technology Co., Ltd. announced that it expects to receive CNY 1.199999997 billion in funding from Mianyang Science and Technology City New District Junwei Technology Co., Ltd. Beijing Watertek Information Technology Co., Ltd. announced a private placement of 393,442,622 A shares at an issue price of CNY 3.05 per share for gross proceeds of up to 1,199,999,997.10 on September 1, 2022. The transaction will include participation from Mianyang Science and Technology City New District Junwei Technology Co., Ltd. The final number of shares to be issued is subject to the number approved by the China Securities Regulatory Commission for registration. After the completion of this issuance to specific objects, the shares subscribed by the issuer shall not be listed, traded or transferred within 18 months from the end of the issuance. On the same date, the transaction was approved at the company's fifteenth meeting of the fifth board of directors. The transaction still needs to be reviewed and approved by the general meeting of shareholders of company and be approved by the Shenzhen Stock Exchange and the China Securities Regulatory Commission. Reported Earnings • Aug 26
Second quarter 2022 earnings released: CN¥0.034 loss per share (vs CN¥0.057 loss in 2Q 2021) Second quarter 2022 results: CN¥0.034 loss per share (up from CN¥0.057 loss in 2Q 2021). Revenue: CN¥515.3m (down 13% from 2Q 2021). Net loss: CN¥58.3m (loss narrowed 41% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Jul 30
Shanghai Ershuo Technology Partnership (Limited Partnership), Shanghai Yiyuan Technology Partnership (Limited Partnership), Shanghai Haowei Technology Partnership (Limited Partnership) and Shanghai Niuyous Technology Partnership (Limited Partnership) agreed to acquire 17% stake in Zhejiang Xiaowang Technology Co., Ltd. from Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) for CNY 102 million. Shanghai Ershuo Technology Partnership (Limited Partnership), Shanghai Yiyuan Technology Partnership (Limited Partnership), Shanghai Haowei Technology Partnership (Limited Partnership) and Shanghai Niuyous Technology Partnership (Limited Partnership) agreed to acquire 17% stake in Zhejiang Xiaowang Technology Co., Ltd. from Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) for CNY 102 million on July 27, 2022. The board of Beijing Watertek Information Technology approved the deal on July 27, 2022. Zhejiang Xiaowang Technology has reported total assets of CNY 63.156737 million on March 31, 2022. Zhejiang Xiaowang Technology has reported net profit of CNY -46.329043 million in December 31, 2021. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Independent Director Ming Yu is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 21
Full year 2021 earnings released: CN¥0.065 loss per share (vs CN¥0.73 loss in FY 2020) Full year 2021 results: CN¥0.065 loss per share (up from CN¥0.73 loss in FY 2020). Revenue: CN¥3.17b (up 13% from FY 2020). Net loss: CN¥113.0m (loss narrowed 91% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Announcement • Apr 01
Beijing Watertek Information Technology Co., Ltd. to Report Fiscal Year 2021 Results on Apr 20, 2022 Beijing Watertek Information Technology Co., Ltd. announced that they will report fiscal year 2021 results on Apr 20, 2022 Announcement • Dec 29
An unknown buyer agrees to acquire 3.96% stake in Baiwang Co., Ltd. from Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) for approximately CNY 220 million. An unknown buyer agrees to acquire 3.96% stake in Baiwang Co., Ltd. from Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) for approximately CNY 220 million on December 27, 2021. Reported Earnings • Oct 28
Third quarter 2021 earnings released: CN¥0.017 loss per share (vs CN¥0.008 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥786.7m (up 21% from 3Q 2020). Net loss: CN¥29.2m (loss widened 101% from 3Q 2020). Reported Earnings • Aug 27
Second quarter 2021 earnings released: CN¥0.057 loss per share (vs CN¥0.005 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥593.2m (down 9.6% from 2Q 2020). Net loss: CN¥98.7m (down CN¥106.4m from profit in 2Q 2020). Reported Earnings • Apr 30
First quarter 2021 earnings released: CN¥0.028 loss per share (vs CN¥0.023 loss in 1Q 2020) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2021 results: Revenue: CN¥583.4m (up 39% from 1Q 2020). Net loss: CN¥47.8m (loss widened 20% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2020 earnings released: CN¥0.73 loss per share (vs CN¥0.15 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¥2.80b (down 16% from FY 2019). Net loss: CN¥1.25b (down CN¥1.50b 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 77 percentage points per year, which is a significant difference in performance. Announcement • Feb 25
Beijing Watertek Information Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Beijing Watertek Information Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Announcement • Feb 24
Beijing Watertek Information Technology Scraps Asset Acquisition Plan Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) said it scraps asset acquisition plan as concerning parties failed to reach agreement. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥3.51 The company is down 42% from its price of CN¥6.08 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 28% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥3.73 The company is down 45% from its price of CN¥6.82 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥4.08 The company is down 37% from its price of CN¥6.43 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥4.43 The company is down 33% from its price of CN¥6.61 on 11 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 Aerospace & Defense industry, which is up 7.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day low: CN¥5.39 The company is down 21% from its price of CN¥6.82 on 13 August 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 12% over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥6.23 The company is down 21% from its price of CN¥7.86 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 1.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥6.36 The company is down 5.0% from its price of CN¥6.66 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 36% over the same period. Announcement • Aug 11
Beijing Watertek Information Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Beijing Watertek Information Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020 Announcement • Jul 08
Beijing Zhonghe Hi-tech Information Technology Co., Ltd. made a proposal to acquire additional 14.5% stake in Beijing Watertek Fuxi Technology Co., Ltd. from Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) for CNY 40.5 million. Beijing Zhonghe Hi-tech Information Technology Co., Ltd. made a proposal to acquire additional 14.5% stake in Beijing Watertek Fuxi Technology Co., Ltd. from Beijing Watertek Information Technology Co., Ltd. (SZSE:300324) for CNY 40.5 million on June 30, 2020. Beijing Watertek Fuxi Technology reported total assets of CNY 24.9 million, operating profit of CNY 1.1 million, net loss of CNY 11.9 million and net assets of CNY 23.3 million for the year ending, December 31, 2019. The transaction does not constitute a major asset reorganization, or a reorganization listing, and does not require approval by the relevant departments. This proposal is within the scope of the approval authority of the board of directors and does not need to be submitted to the shareholders' general meeting for consideration. The transaction was approved by the Board of Beijing Watertek Information Technology Co., Ltd. (SZSE:300324).