New Risk • Jul 06
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 12% 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. Ankündigung • Jun 30
QITIAN Technology Group Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 QITIAN Technology Group Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.016 (vs CN¥0.004 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.016 (up from CN¥0.004 in 1Q 2025). Revenue: CN¥132.9m (up 6.2% from 1Q 2025). Net income: CN¥10.3m (up 265% from 1Q 2025). Profit margin: 7.8% (up from 2.3% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. New Risk • Apr 23
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. Ankündigung • Apr 23
QITIAN Technology Group Co., Ltd., Annual General Meeting, May 13, 2026 QITIAN Technology Group Co., Ltd., Annual General Meeting, May 13, 2026, at 14:30 China Standard Time. Location: 2F, Building 2, No. 69, Hengtong East Road, Jing'an District, Shanghai China Ankündigung • Mar 31
QITIAN Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 QITIAN Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Ankündigung • Dec 31
QITIAN Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 QITIAN Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.06 loss per share (vs CN¥0.01 loss in 3Q 2024) Third quarter 2025 results: CN¥0.06 loss per share (further deteriorated from CN¥0.01 loss in 3Q 2024). Revenue: CN¥124.6m (down 14% from 3Q 2024). Net loss: CN¥19.0m (loss widened 260% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Ankündigung • Sep 30
QITIAN Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 QITIAN Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 26
Second quarter 2025 earnings released: CN¥0.01 loss per share (vs CN¥0.011 loss in 2Q 2024) Second quarter 2025 results: CN¥0.01 loss per share. Revenue: CN¥101.4m (down 40% from 2Q 2024). Net loss: CN¥11.7m (loss widened 30% from 2Q 2024). Ankündigung • Jul 02
QITIAN Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 QITIAN Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • Jun 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 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. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.004 (vs CN¥0.009 loss in 1Q 2024) First quarter 2025 results: EPS: CN¥0.004 (up from CN¥0.009 loss in 1Q 2024). Revenue: CN¥125.2m (down 38% from 1Q 2024). Net income: CN¥2.83m (up CN¥8.54m from 1Q 2024). Profit margin: 2.3% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Ankündigung • Apr 23
QITIAN Technology Group Co., Ltd., Annual General Meeting, May 13, 2025 QITIAN Technology Group Co., Ltd., Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: 7F, No. 69, Hengtong East Road, Jing'an District, Shanghai 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 9.9% 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. Ankündigung • Mar 31
QITIAN Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025 QITIAN Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (15% average weekly change). Ankündigung • Dec 31
QITIAN Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 QITIAN Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.059 loss in 3Q 2023) Third quarter 2024 results: CN¥0.01 loss per share (improved from CN¥0.059 loss in 3Q 2023). Revenue: CN¥144.4m (down 40% from 3Q 2023). Net loss: CN¥5.27m (loss narrowed 65% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings. Ankündigung • Sep 30
QITIAN Technology Group Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024 QITIAN Technology Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Reported Earnings • Aug 14
Second quarter 2024 earnings released: CN¥0.011 loss per share (vs CN¥0.019 loss in 2Q 2023) Second quarter 2024 results: CN¥0.011 loss per share (improved from CN¥0.019 loss in 2Q 2023). Revenue: CN¥167.9m (down 26% from 2Q 2023). Net loss: CN¥9.04m (loss narrowed 50% from 2Q 2023). 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 9% per year, which means it is significantly lagging earnings. Ankündigung • Jun 29
QITIAN Technology Group Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 QITIAN Technology Group Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Jun 26
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 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥163m free cash flow). Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). Ankündigung • Apr 24
QITIAN Technology Group Co., Ltd., Annual General Meeting, May 15, 2024 QITIAN Technology Group Co., Ltd., Annual General Meeting, May 15, 2024, at 14:00 China Standard Time. Location: No. 500, Yan'an West Road, Changning District, Shanghai China New Risk • Apr 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥163m 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¥163m free cash flow). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Apr 24
First quarter 2024 earnings released: CN¥0.009 loss per share (vs CN¥0.002 profit in 1Q 2023) First quarter 2024 results: CN¥0.009 loss per share (down from CN¥0.002 profit in 1Q 2023). Revenue: CN¥202.3m (down 11% from 1Q 2023). Net loss: CN¥5.71m (down 458% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Ankündigung • Mar 30
QITIAN Technology Group Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 QITIAN Technology Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 New Risk • Jan 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 6.4% 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. Ankündigung • Dec 29
QITIAN Technology Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 QITIAN Technology Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: CN¥0.059 loss per share (vs CN¥0.02 profit in 3Q 2022) Third quarter 2023 results: CN¥0.059 loss per share (down from CN¥0.02 profit in 3Q 2022). Revenue: CN¥242.3m (down 17% from 3Q 2022). Net loss: CN¥15.2m (down 206% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Aug 10
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¥120m 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 10
Second quarter 2023 earnings released: CN¥0.019 loss per share (vs CN¥0.045 profit in 2Q 2022) Second quarter 2023 results: CN¥0.019 loss per share (down from CN¥0.045 profit in 2Q 2022). Revenue: CN¥228.0m (down 39% from 2Q 2022). Net loss: CN¥17.9m (down 161% from profit in 2Q 2022). 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 7% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 01
QITIAN Technology Group Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023 QITIAN Technology Group Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 Board Change • Jun 01
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. Non-Independent Director Tao Liu is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Ankündigung • May 19
QITIAN Technology Group Co., Ltd. Announces Board Appointments QITIAN Technology Group Co., Ltd. held its Annual General Meeting of 2022 on 17 May 2023, approved the Election and nomination of non-independent directors: Li Tiansong; Zhang Li; Zhang Lili. Election and nomination of independent directors: Liu Xitong; Xiong Hui; Gao Lili. Election and nomination of non-employee supervisors: Chen Jun; Yao Ding. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.015 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.002 (down from CN¥0.015 in 1Q 2022). Revenue: CN¥226.6m (down 5.9% from 1Q 2022). Net income: CN¥1.60m (down 84% from 1Q 2022). Profit margin: 0.7% (down from 4.1% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year. Board Change • Jan 10
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. 5 experienced directors. No highly experienced directors. Independent Director Dang Lun Luo is the most experienced director on the board, commencing their role in 2017. 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: EPS: CN¥0.02 (vs CN¥0.01 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.02 (up from CN¥0.01 loss in 3Q 2021). Revenue: CN¥291.8m (up 26% from 3Q 2021). Net income: CN¥14.3m (up CN¥21.3m from 3Q 2021). Profit margin: 4.9% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.091 (vs CN¥0.002 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.091 (up from CN¥0.002 in 2Q 2021). Revenue: CN¥372.3m (up 30% from 2Q 2021). Net income: CN¥29.5m (up CN¥28.0m from 2Q 2021). Profit margin: 7.9% (up from 0.6% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year. Ankündigung • Jul 19
Qitian Technology Group Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022 QITIAN Technology Group Co., Ltd. provided consolidated earnings guidance for the six months ended 30 June 2022. For the period, the Group is expected to record an approximate increase of no less than 40% in net profit attributable to shareholders for the six months ended 30 June 2022, as compared to that for the six months ended 30 June 2021, which was mainly attributable to (i) the increase in revenue as a result of the increase in the Group's sales volume; (ii) the increase in exchange gain arising from the appreciation of U.S. dollar against Renminbi; and (iii) a decrease in finance costs due to the repayment of bank borrowings. Ankündigung • Jun 15
QITIAN Technology Group Co., Ltd. Approves Payment of Final Dividend for the Year Ended 31 December 2021, Payable on 12 August 2022 QITIAN Technology Group Co., Ltd. approved payment of a final dividend for the year ended 31 December 2021 of RMB 0.085 per share (tax inclusive) at its annual general meeting was held on 14 June 2022. Ex-dividend date is 16 June 2022. Record date is 24 June 2022. Payment date is 12 August 2022. Ankündigung • Feb 19
Qitian Technology Group Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ended 31 December 2021 QITIAN Technology Group Co., Ltd. provided consolidated earnings guidance for the year ended 31 December 2021. The group is expected to record an increase of no less than 40% in net profit attributable to shareholders for the year ended 31 December 2021, as compared to that for the year ended 31 December 2020, which was mainly attributable to the increase in revenue as a result of the increase in the Group's sales volume due to the gradual easing of the COVID-19 pandemic and the overall improvement in the market demand for spectacle lens. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.01 loss per share (vs CN¥0.03 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¥232.1m (down 33% from 3Q 2020). Net loss: CN¥7.00m (down 133% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.002 (vs CN¥0.14 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥285.7m (down 24% from 2Q 2020). Net income: CN¥1.58m (up CN¥93.9m from 2Q 2020). Profit margin: 0.6% (up from net loss in 2Q 2020). 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 3% per year, which means it is well ahead of earnings. Reported Earnings • Apr 25
First quarter 2021 earnings released: CN¥0.03 loss per share (vs CN¥0.05 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥248.2m (up 41% from 1Q 2020). Net loss: CN¥16.2m (loss narrowed 47% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% 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. Is New 90 Day High Low • Dec 30
New 90-day low: CN¥4.68 The company is down 19% from its price of CN¥5.77 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Medical Equipment industry, which is up 2.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥5.40 The company is down 3.0% from its price of CN¥5.56 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 Medical Equipment industry, which is up 1.0% 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¥84.9m, with losses narrowing by 91% from the prior year. Total revenue was CN¥1.30b over the last 12 months, down 19% from the prior year. Ankündigung • Aug 11
Shanghai Conant Macroflag Group Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Shanghai Conant Macroflag Group Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020 Ankündigung • Jul 08
Linxi Packaging Materials Technology Qidong Co., Ltd. agreed to acquire 51% stake in Shanghai Blueprint Glasses Co., Ltd. and Jiangsu Blueprint Glasses Co., Ltd. from Shanghai Conant Macroflag Group Co., Ltd. (SZSE:300061) for CNY 14.1 million. Linxi Packaging Materials Technology Qidong Co., Ltd. agreed to acquire 51% stake in Shanghai Blueprint Glasses Co., Ltd. and Jiangsu Blueprint Glasses Co., Ltd. from Shanghai Conant Macroflag Group Co., Ltd. (SZSE:300061) for CNY 14.1 million on June 30, 2020. The consideration is paid within 5 days from signing of the agreement. After the acquisition, Linxi Packaging Materials Technology Qidong Co., Ltd. 51% stake and Zhang Aiguo Zhang Aiguo will own 49% stake in Shanghai Blueprint Glasses Co., Ltd. and Jiangsu Blueprint Glasses Co., Ltd. As of December 31, 2019, Shanghai Blueprint Glasses had total assets of CNY 42.1 million, net assets of CNY 32.30 million, operating income of CNY 34.13 million and net loss of CNY 2.19 million. As of June 30, 2020, Shanghai Conant Macroflag Group Co., Ltd. Board approved the deal.