Buy Or Sell Opportunity • Jul 30
Now 20% overvalued Over the last 90 days, the stock has fallen 16% to CN¥13.79. The fair value is estimated to be CN¥11.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 42%. Ankündigung • Jun 30
Sinosoft Co.,Ltd to Report First Half, 2026 Results on Aug 26, 2026 Sinosoft Co.,Ltd announced that they will report first half, 2026 results on Aug 26, 2026 Reported Earnings • May 02
Full year 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.43 in FY 2024) Full year 2025 results: EPS: CN¥0.27 (down from CN¥0.43 in FY 2024). Revenue: CN¥6.03b (down 9.6% from FY 2024). Net income: CN¥223.9m (down 37% from FY 2024). Profit margin: 3.7% (down from 5.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Ankündigung • Apr 30
Sinosoft Co.,Ltd, Annual General Meeting, May 21, 2026 Sinosoft Co.,Ltd, Annual General Meeting, May 21, 2026, at 15:00 China Standard Time. Location: 3F, Building Jia No. 6, Xinke Xiangyuan, Zhongguancun, Haidian District, Beijing China Ankündigung • Mar 30
Sinosoft Co.,Ltd to Report Q1, 2026 Results on Apr 30, 2026 Sinosoft Co.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Jan 15
New major risk - Revenue and earnings growth Earnings have declined by 5.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.1% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (135% payout ratio). Profit margins are more than 30% lower than last year (3.4% net profit margin). Ankündigung • Dec 26
Sinosoft Co.,Ltd to Report Fiscal Year 2025 Results on Apr 30, 2026 Sinosoft Co.,Ltd announced that they will report fiscal year 2025 results on Apr 30, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.08 (vs CN¥0.12 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.08 (down from CN¥0.12 in 3Q 2024). Revenue: CN¥1.56b (up 20% from 3Q 2024). Net income: CN¥66.3m (down 34% from 3Q 2024). Profit margin: 4.2% (down from 7.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Ankündigung • Sep 30
Sinosoft Co.,Ltd to Report Q3, 2025 Results on Oct 29, 2025 Sinosoft Co.,Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Ankündigung • Jun 30
Sinosoft Co.,Ltd to Report First Half, 2025 Results on Aug 26, 2025 Sinosoft Co.,Ltd announced that they will report first half, 2025 results on Aug 26, 2025 Declared Dividend • May 16
Dividend of CN¥0.34 announced Shareholders will receive a dividend of CN¥0.34. Ex-date: 20th May 2025 Payment date: 20th May 2025 Dividend yield will be 1.8%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is not adequately covered by earnings (90.3% earnings payout ratio). However, it is well covered by cash flows (48% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share is expected to grow by 74% over the next 3 years, which should maintain adequate earnings cover for the dividend. Ankündigung • Apr 14
Sinosoft Co.,Ltd, Annual General Meeting, May 07, 2025 Sinosoft Co.,Ltd, Annual General Meeting, May 07, 2025, at 15:00 China Standard Time. Location: 3F, Building Jia No. 6, Xinke Xiangyuan, Zhongguancun, Haidian District, Beijing China Reported Earnings • Apr 12
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.43 (down from CN¥0.79 in FY 2023). Revenue: CN¥6.67b (up 2.6% from FY 2023). Net income: CN¥355.1m (down 46% from FY 2023). Profit margin: 5.3% (down from 10% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 46%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Ankündigung • Mar 28
Sinosoft Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025 Sinosoft Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 Price Target Changed • Jan 05
Price target increased by 15% to CN¥26.25 Up from CN¥22.91, the current price target is an average from 3 analysts. New target price is 31% above last closing price of CN¥20.00. Stock is down 0.3% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.79 last year. Ankündigung • Dec 27
Sinosoft Co.,Ltd to Report Fiscal Year 2024 Results on Apr 12, 2025 Sinosoft Co.,Ltd announced that they will report fiscal year 2024 results on Apr 12, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥25.67, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 48x in the Software industry in China. Total returns to shareholders of 39% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.19 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.19 in 3Q 2023). Revenue: CN¥1.31b (up 1.2% from 3Q 2023). Net income: CN¥100.8m (down 37% from 3Q 2023). Profit margin: 7.7% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Ankündigung • Sep 30
Sinosoft Co.,Ltd to Report Q3, 2024 Results on Oct 29, 2024 Sinosoft Co.,Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥20.46, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 20% over the past three years. Ankündigung • Jun 28
Sinosoft Co.,Ltd to Report First Half, 2024 Results on Aug 27, 2024 Sinosoft Co.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024 Price Target Changed • Jun 25
Price target decreased by 10% to CN¥22.22 Down from CN¥24.77, the current price target is an average from 3 analysts. New target price is 27% above last closing price of CN¥17.46. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥0.88 for next year compared to CN¥0.79 last year. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.044 (vs CN¥0.039 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.044 (up from CN¥0.039 in 1Q 2023). Revenue: CN¥1.29b (flat on 1Q 2023). Net income: CN¥25.9m (up 12% from 1Q 2023). Profit margin: 2.0% (up from 1.8% in 1Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Apr 18
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥8.03b to CN¥7.09b. EPS estimate fell from CN¥1.55 to CN¥1.21 per share. Net income forecast to grow 9.4% next year vs 66% growth forecast for Software industry in China. Consensus price target up from CN¥33.88 to CN¥34.82. Share price rose 8.5% to CN¥28.48 over the past week. Reported Earnings • Apr 13
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥1.11 (up from CN¥1.08 in FY 2022). Revenue: CN¥6.50b (down 3.0% from FY 2022). Net income: CN¥654.7m (up 2.5% from FY 2022). Profit margin: 10% (in line with FY 2022). Revenue missed analyst estimates by 9.5%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Ankündigung • Apr 12
Sinosoft Co.,Ltd, Annual General Meeting, May 07, 2024 Sinosoft Co.,Ltd, Annual General Meeting, May 07, 2024, at 15:00 China Standard Time. Location: 3F, Building Jia No. 6, Xinke Xiangyuan, Zhongguancun, Haidian District, Beijing China Ankündigung • Mar 29
Sinosoft Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024 Sinosoft Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥31.25, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 29x in the Software industry in China. Total returns to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.66 per share. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥26.17, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Software industry in China. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.69 per share. Price Target Changed • Jan 25
Price target decreased by 11% to CN¥39.31 Down from CN¥44.31, the current price target is an average from 4 analysts. New target price is 49% above last closing price of CN¥26.37. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥1.32 for next year compared to CN¥1.08 last year. Ankündigung • Dec 29
Sinosoft Co.,Ltd to Report Fiscal Year 2023 Results on Apr 12, 2024 Sinosoft Co.,Ltd announced that they will report fiscal year 2023 results on Apr 12, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.25 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.27 (up from CN¥0.25 in 3Q 2022). Revenue: CN¥1.29b (down 3.0% from 3Q 2022). Net income: CN¥160.6m (up 13% from 3Q 2022). Profit margin: 13% (up from 11% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software 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 only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.33 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.32. Revenue: CN¥1.35b (up 2.9% from 2Q 2022). Net income: CN¥186.4m (up 20% from 2Q 2022). Profit margin: 14% (up from 12% in 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Price Target Changed • May 02
Price target increased by 13% to CN¥50.24 Up from CN¥44.31, the current price target is an average from 2 analysts. New target price is 29% above last closing price of CN¥38.96. Stock is up 84% over the past year. The company is forecast to post earnings per share of CN¥1.36 for next year compared to CN¥1.08 last year. Reported Earnings • Apr 14
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: CN¥1.08 (up from CN¥0.97 in FY 2021). Revenue: CN¥6.70b (up 6.7% from FY 2021). Net income: CN¥638.6m (up 11% from FY 2021). Profit margin: 9.5% (in line with FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.6%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software 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 remained flat, which means it is significantly lagging earnings. 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. 11 experienced directors. No highly experienced directors. 2 independent directors (6 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.19 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.24 (up from CN¥0.19 in 3Q 2021). Revenue: CN¥1.33b (flat on 3Q 2021). Net income: CN¥142.2m (up 25% from 3Q 2021). Profit margin: 11% (up from 8.5% in 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.32 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.26 (down from CN¥0.32 in 2Q 2021). Revenue: CN¥1.32b (down 1.7% from 2Q 2021). Net income: CN¥155.5m (down 5.3% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 21%, compared to a 33% growth forecast for the Software industry in China. Ankündigung • Jun 01
Sinosoft Co.,Ltd (SHSE:603927) announces an Equity Buyback for CNY 300 million worth of its shares. Sinosoft Co.,Ltd (SHSE:603927) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 30 per share. The shares purchased will be used for the company's employee ownership stock plan. The program will be funded out of the company's own funds. The program will be valid for 6 months. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.012. Revenue: CN¥1.25b (down 2.1% from 1Q 2021). Net income: CN¥7.21m (up 7.8% from 1Q 2021). Profit margin: 0.6% (up from 0.5% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 20%, compared to a 32% growth forecast for the industry in China. Board Change • Apr 27
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. 12 experienced directors. No highly experienced directors. 3 independent directors (6 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 16
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.97 (up from CN¥0.80 in FY 2020). Revenue: CN¥6.28b (up 8.6% from FY 2020). Net income: CN¥577.5m (up 21% from FY 2020). Profit margin: 9.2% (up from 8.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 16%, compared to a 30% growth forecast for the industry in China. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.12 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.34b (up 6.3% from 3Q 2020). Net income: CN¥113.9m (up 54% from 3Q 2020). Profit margin: 8.5% (up from 5.9% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.27 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¥1.34b (down 8.1% from 2Q 2020). Net income: CN¥164.1m (up 6.6% from 2Q 2020). Profit margin: 12% (up from 11% in 2Q 2020). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥46.22, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 53x in the Software industry in China. Total loss to shareholders of 20% over the past year. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥1.12 (vs CN¥0.98 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.78b (up 5.1% from FY 2019). Net income: CN¥476.6m (up 24% from FY 2019). Profit margin: 8.2% (up from 7.0% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Jan 22
New 90-day low: CN¥37.99 The company is down 2.0% from its price of CN¥38.79 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day high: CN¥45.30 The company is up 2.0% from its price of CN¥44.37 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 3.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥431.2m, down 4.2% from the prior year. Total revenue was CN¥5.62b over the last 12 months, up 4.3% from the prior year. Is New 90 Day High Low • Oct 15
New 90-day low: CN¥40.05 The company is down 35% from its price of CN¥61.95 on 17 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 4.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥43.58 The company is down 28% from its price of CN¥60.46 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period. Ankündigung • Jul 10
Sinosoft Co.,Ltd to Report First Half, 2020 Results on Aug 28, 2020 Sinosoft Co.,Ltd announced that they will report first half, 2020 results on Aug 28, 2020