New Risk • May 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 39% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Ankündigung • Apr 24
Nsing Technologies Inc., Annual General Meeting, May 15, 2026 Nsing Technologies Inc., Annual General Meeting, May 15, 2026, at 15:00 China Standard Time. Location: 3F, No. 109, Baoshen Road, Hi-tech North Area, Shenzhen, Guangdong China Reported Earnings • Apr 24
First quarter 2026 earnings released: CN¥0.02 loss per share (vs CN¥0.04 loss in 1Q 2025) First quarter 2026 results: CN¥0.02 loss per share (improved from CN¥0.04 loss in 1Q 2025). Revenue: CN¥394.8m (up 30% from 1Q 2025). Net loss: CN¥15.7m (loss narrowed 26% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Ankündigung • Mar 31
Nsing Technologies Inc. to Report Q1, 2026 Results on Apr 22, 2026 Nsing Technologies Inc. announced that they will report Q1, 2026 results on Apr 22, 2026 New Risk • Mar 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 7.9% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Board Change • Mar 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Xing Dan Ji was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 43% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Ankündigung • Mar 13
Nsing Technologies Inc. has filed a Follow-on Equity Offering in the amount of HKD 1.026 billion. Nsing Technologies Inc. has filed a Follow-on Equity Offering in the amount of HKD 1.026 billion.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 9,500,000
Price(maximum): HKD 10.8
Discount Per Security: HKD 0.27
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 72,537,037
Price(maximum): HKD 10.8
Discount Per Security: HKD 0.27
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 12,962,963
Price(maximum): HKD 10.8
Discount Per Security: HKD 0.27
Transaction Features: New Market Listing; Regulation S Ankündigung • Dec 31
Nsing Technologies Inc. to Report Fiscal Year 2025 Results on Mar 07, 2026 Nsing Technologies Inc. announced that they will report fiscal year 2025 results on Mar 07, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.078 loss per share (vs CN¥0.028 loss in 3Q 2024) Third quarter 2025 results: CN¥0.078 loss per share (further deteriorated from CN¥0.028 loss in 3Q 2024). Revenue: CN¥326.4m (up 6.6% from 3Q 2024). Net loss: CN¥37.0m (loss widened 140% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% 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
Nsing Technologies Inc. to Report Q3, 2025 Results on Oct 29, 2025 Nsing Technologies Inc. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 20
Second quarter 2025 earnings released: CN¥0.022 loss per share (vs CN¥0.10 loss in 2Q 2024) Second quarter 2025 results: CN¥0.022 loss per share (improved from CN¥0.10 loss in 2Q 2024). Revenue: CN¥327.8m (up 15% from 2Q 2024). Net loss: CN¥15.4m (loss narrowed 74% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Ankündigung • Jul 02
Nations Technologies Inc. to Report First Half, 2025 Results on Aug 28, 2025 Nations Technologies Inc. announced that they will report first half, 2025 results on Aug 28, 2025 Board Change • Apr 21
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 Weiwu Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 17
First quarter 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.13 loss in 1Q 2024) First quarter 2025 results: CN¥0.04 loss per share (improved from CN¥0.13 loss in 1Q 2024). Revenue: CN¥304.0m (up 32% from 1Q 2024). Net loss: CN¥21.4m (loss narrowed 71% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Ankündigung • Apr 17
Nations Technologies Inc., Annual General Meeting, May 07, 2025 Nations Technologies Inc., Annual General Meeting, May 07, 2025, at 15:00 China Standard Time. Location: 3F, No. 109, Baoshen Road, Hi-tech North Area, Shenzhen, Guangdong China Ankündigung • Mar 31
Nations Technologies Inc. to Report Q1, 2025 Results on Apr 28, 2025 Nations Technologies Inc. announced that they will report Q1, 2025 results on Apr 28, 2025 New Risk • Mar 04
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 15% per year over the past 5 years. Ankündigung • Dec 31
Nations Technologies Inc. to Report Fiscal Year 2024 Results on Apr 28, 2025 Nations Technologies Inc. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: CN¥0.028 loss per share (vs CN¥0.22 loss in 3Q 2023) Third quarter 2024 results: CN¥0.028 loss per share (improved from CN¥0.22 loss in 3Q 2023). Revenue: CN¥306.2m (up 3.9% from 3Q 2023). Net loss: CN¥15.4m (loss narrowed 88% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Ankündigung • Sep 30
Nations Technologies Inc. to Report Q3, 2024 Results on Oct 28, 2024 Nations Technologies Inc. announced that they will report Q3, 2024 results on Oct 28, 2024 New Risk • Sep 17
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 (9.0% average weekly change). Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.26 loss in 2Q 2023) Second quarter 2024 results: CN¥0.10 loss per share (improved from CN¥0.26 loss in 2Q 2023). Revenue: CN¥284.3m (up 14% from 2Q 2023). Net loss: CN¥59.1m (loss narrowed 59% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Jul 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 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Ankündigung • Jun 29
Nations Technologies Inc. to Report First Half, 2024 Results on Aug 28, 2024 Nations Technologies Inc. announced that they will report first half, 2024 results on Aug 28, 2024 Ankündigung • Apr 28
Nations Technologies Inc., Annual General Meeting, May 16, 2024 Nations Technologies Inc., Annual General Meeting, May 16, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider Repurchase and cancellation of some restricted stocks under the 2021 restricted stock incentive plan; to consider Reappointment of audit firm; to consider 2024 estimated guarantee quota for subsidiaries; to consider Change of the Company's registered capital, amendments to the Company's articles of association, and handling the industrial and commercial registration amendment; to consider Remuneration and allowance for directors; to consider Remuneration and allowance for supervisors; to consider Election and nomination of non-independent directors, cumulative voting system applicable. Reported Earnings • Apr 26
Full year 2023 earnings released: CN¥1.00 loss per share (vs CN¥0.06 loss in FY 2022) Full year 2023 results: CN¥1.00 loss per share (further deteriorated from CN¥0.06 loss in FY 2022). Revenue: CN¥1.04b (down 13% from FY 2022). Net loss: CN¥571.5m (loss widened CN¥539.0m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Ankündigung • Mar 30
Nations Technologies Inc. to Report Q1, 2024 Results on Apr 26, 2024 Nations Technologies Inc. announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Feb 08
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 9.2% 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 • Dec 30
Nations Technologies Inc. to Report Fiscal Year 2023 Results on Apr 26, 2024 Nations Technologies Inc. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.22 loss per share (vs CN¥0.047 loss in 3Q 2022) Third quarter 2023 results: CN¥0.22 loss per share (further deteriorated from CN¥0.047 loss in 3Q 2022). Revenue: CN¥294.8m (flat on 3Q 2022). Net loss: CN¥123.1m (loss widened 336% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.26 loss per share (vs CN¥0.016 profit in 2Q 2022) Second quarter 2023 results: CN¥0.26 loss per share (down from CN¥0.016 profit in 2Q 2022). Revenue: CN¥248.8m (down 16% from 2Q 2022). Net loss: CN¥144.0m (down CN¥150.7m from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Apr 17
Full year 2022 earnings released: CN¥0.06 loss per share (vs CN¥0.39 profit in FY 2021) Full year 2022 results: CN¥0.06 loss per share (down from CN¥0.39 profit in FY 2021). Revenue: CN¥1.20b (up 18% from FY 2021). Net loss: CN¥32.5m (down 115% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. 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. No highly experienced directors. Supervisor Yuci Wang is the most experienced director on the board, commencing their role in 2018. 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 25
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CN¥297.3m (down 9.5% from 3Q 2021). Net loss: CN¥28.3m (down 159% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.016 (vs CN¥0.11 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.016 (down from CN¥0.11 in 2Q 2021). Revenue: CN¥297.3m (up 62% from 2Q 2021). Net income: CN¥6.67m (down 89% from 2Q 2021). Profit margin: 2.2% (down from 32% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Board Change • Jun 29
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director & Deputy General Manager Yulun Kan was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥18.57, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 56x in the Semiconductor industry in China. Total returns to shareholders of 141% over the past three years. Reported Earnings • Apr 27
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: CN¥0.04 (up from CN¥0.03 loss in 1Q 2021). Revenue: CN¥339.9m (up 249% from 1Q 2021). Net income: CN¥24.6m (up CN¥40.9m from 1Q 2021). Profit margin: 7.2% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 83%. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥17.40, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 52x in the Semiconductor industry in China. Total returns to shareholders of 105% over the past three years. Ankündigung • Apr 02
Nations Technologies Inc., Annual General Meeting, Apr 21, 2022 Nations Technologies Inc., Annual General Meeting, Apr 21, 2022, at 15:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report and its summary; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider Repurchase and cancellation of some restricted stocks under 2021 restricted stock incentive plan; to consider Provision of guarantee for controlled subsidiaries; to consider Reappointment of audit firm; to consider 2021 performance of the chairman of the board; and to consider other matters. Reported Earnings • Apr 01
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.39 (up from CN¥0.02 in FY 2020). Revenue: CN¥1.02b (up 168% from FY 2020). Net income: CN¥219.0m (up CN¥207.7m from FY 2020). Profit margin: 22% (up from 3.0% in FY 2020). Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 83%. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 13
Third quarter 2021 earnings released: EPS CN¥0.076 (vs CN¥0.05 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥328.6m (up 209% from 3Q 2020). Net income: CN¥48.1m (up 86% from 3Q 2020). Profit margin: 15% (down from 24% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.042 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥183.5m (up 104% from 2Q 2020). Net income: CN¥59.4m (up CN¥80.0m from 2Q 2020). Profit margin: 32% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 26
Full year 2020 earnings released: EPS CN¥0.02 (vs CN¥0.19 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥379.7m (down 3.8% from FY 2019). Net income: CN¥11.2m (down 89% from FY 2019). Profit margin: 3.0% (down from 26% in FY 2019). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Ankündigung • Feb 24
Nations Technologies Inc. to Report Fiscal Year 2020 Results on Apr 09, 2021 Nations Technologies Inc. announced that they will report fiscal year 2020 results on Apr 09, 2021 Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥6.26, the stock is trading at a trailing P/E ratio of 18.6x, down from the previous P/E ratio of 22.1x. This compares to an average P/E of 72x in the Semiconductor industry in China. Total return to shareholders over the past three years is a loss of 19%. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥6.69 The company is down 26% from its price of CN¥9.01 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 18% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥7.67 The company is down 14% from its price of CN¥8.87 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 Semiconductor industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥8.18 The company is down 13% from its price of CN¥9.42 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 Semiconductor industry, which is up 9.0% over the same period. Ankündigung • Oct 16
Nations Technologies Inc. to Report Q3, 2020 Results on Oct 22, 2020 Nations Technologies Inc. announced that they will report Q3, 2020 results on Oct 22, 2020 Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 20% share price gain to CN¥10.18, the stock is trading at a trailing P/E ratio of 50.2x, up from the previous P/E ratio of 41.7x. This compares to an average P/E of 79x in the Semiconductor industry in China. Total return to shareholders over the past three years is a loss of 31%. Ankündigung • Sep 23
Yu Yunbo, Liu Xiaoyu, and Sun Yuan completed the acquisition of 0.35% stake in ZTEIC Design Co., Ltd. from Wei Tietao, Zhao Guanglei and Li Lingyi. Yu Yunbo, Liu Xiaoyu, and Sun Yuan agreed to acquire 0.35% stake in ZTEIC Design Co., Ltd. from Wei Tietao, Zhao Guanglei and Li Lingyi on March 20, 2009. Wei Tietao will sell 0.12% stake to Yu Yunbo, Zhao Guanglei will sell 0.08% stake to Liu Xiaoyu and Li Lingyi will sell 0.15% stake to Sun Yuan. Liu Xiaoyu aleady had some stake in Nationz Technologies. The shareholders of ZTEIC Design passed a resolution for the transaction on March 20, 2009.
Yu Yunbo, Liu Xiaoyu, and Sun Yuan completed the acquisition of 0.35% stake in ZTEIC Design Co., Ltd. from Wei Tietao, Zhao Guanglei and Li Lingyi on April 13, 2009. Ankündigung • Aug 13
Nations Technologies Inc. to Report First Half, 2020 Results on Aug 28, 2020 Nations Technologies Inc. announced that they will report first half, 2020 results on Aug 28, 2020 