Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Jian Gang Yang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Apr 29
Insigma Technology Co., Ltd., Annual General Meeting, May 19, 2026 Insigma Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 14F, Tower A, No. 18, Sandun Xiyuan 1st Road, Xihu District, Hangzhou, Zhejiang China Ankündigung • Mar 30
Insigma Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Insigma Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Ankündigung • Dec 26
Insigma Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Insigma Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Ankündigung • Sep 30
Insigma Technology Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Insigma Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Ankündigung • Jun 30
Insigma Technology Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Insigma Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Ankündigung • Apr 23
Insigma Technology Co., Ltd., Annual General Meeting, May 15, 2025 Insigma Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 15:00 China Standard Time. Location: 14F, Tower A, No. 18, Sandun Xiyuan 1st Road, Xihu District, Hangzhou, Zhejiang China Ankündigung • Mar 28
Insigma Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Insigma Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Ankündigung • Dec 27
Insigma Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Insigma Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥7.12, the stock trades at a trailing P/E ratio of 72x. Average trailing P/E is 65x in the IT industry in China. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥5.79, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 59x in the IT industry in China. Total loss to shareholders of 5.7% over the past three years. Ankündigung • Sep 30
Insigma Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Insigma Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Ankündigung • Jun 28
Insigma Technology Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Insigma Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Ankündigung • Apr 24
Insigma Technology Co., Ltd., Annual General Meeting, May 15, 2024 Insigma Technology Co., Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: 14F, Tower A, No. 18, Sandun Xiyuan 1st Road, Xihu District, Hangzhou, Zhejiang China Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in FY 2022) Full year 2023 results: EPS: CN¥0.12 (down from CN¥0.13 in FY 2022). Revenue: CN¥3.60b (down 13% from FY 2022). Net income: CN¥117.8m (down 6.0% from FY 2022). Profit margin: 3.3% (up from 3.0% in FY 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Ankündigung • Mar 30
Insigma Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Insigma Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥4.72, the stock trades at a trailing P/E ratio of 68.8x. Average trailing P/E is 46x in the IT industry in China. Total loss to shareholders of 19% over the past three years. Ankündigung • Dec 29
Insigma Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Insigma Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.009 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.06 (up from CN¥0.009 in 3Q 2022). Revenue: CN¥804.6m (down 18% from 3Q 2022). Net income: CN¥18.5m (up 133% from 3Q 2022). Profit margin: 2.3% (up from 0.8% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Aug 23
Second quarter 2023 earnings released: CN¥0.009 loss per share (vs CN¥0.032 profit in 2Q 2022) Second quarter 2023 results: CN¥0.009 loss per share (down from CN¥0.032 profit in 2Q 2022). Revenue: CN¥778.0m (down 14% from 2Q 2022). Net loss: CN¥15.5m (down 133% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Aug 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 51% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥7.33, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 60x in the IT industry in China. Total loss to shareholders of 13% over the past three years. Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.62 loss in FY 2021) Full year 2022 results: EPS: CN¥0.13 (up from CN¥0.62 loss in FY 2021). Revenue: CN¥4.13b (down 2.7% from FY 2021). Net income: CN¥125.2m (up CN¥756.8m from FY 2021). Profit margin: 3.0% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. 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. Buying Opportunity • Dec 20
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥7.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Nov 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.4%. The fair value is estimated to be CN¥8.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Meanwhile, the company became loss making. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Linhua Shen 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 • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.019 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.009 (down from CN¥0.019 in 3Q 2021). Revenue: CN¥985.7m (down 8.5% from 3Q 2021). Net income: CN¥7.92m (down 72% from 3Q 2021). Profit margin: 0.8% (down from 2.6% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.032 (vs CN¥0.077 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.032 (down from CN¥0.077 in 2Q 2021). Revenue: CN¥899.4m (down 3.8% from 2Q 2021). Net income: CN¥47.0m (down 24% from 2Q 2021). Profit margin: 5.2% (down from 6.6% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. 2 highly experienced directors. 4 independent directors (7 non-independent directors). Director Leigang Zhang was the last director to join the board, commencing their role in 2020. 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 2021 earnings released: EPS CN¥0.019 (vs CN¥0.03 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.08b (up 15% from 3Q 2020). Net income: CN¥27.9m (down 23% from 3Q 2020). Profit margin: 2.6% (down from 3.9% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.077 (vs CN¥0.14 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: CN¥935.2m (flat on 2Q 2020). Net income: CN¥61.5m (down 62% from 2Q 2020). Profit margin: 6.6% (down from 17% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥0.06 (vs CN¥0.051 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.80b (up 1.2% from FY 2019). Net income: CN¥60.9m (up 13% from FY 2019). Profit margin: 1.6% (up from 1.4% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥6.21 The company is down 26% from its price of CN¥8.41 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 IT industry, which is down 23% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥6.56 The company is down 25% from its price of CN¥8.71 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 IT industry, which is down 21% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥7.80 The company is down 13% from its price of CN¥8.97 on 18 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 IT industry, which is down 18% over the same period. Is New 90 Day High Low • Nov 27
New 90-day low: CN¥8.26 The company is down 14% from its price of CN¥9.66 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also down 14% over the same period. Is New 90 Day High Low • Oct 31
New 90-day low: CN¥8.41 The company is down 13% from its price of CN¥9.64 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 12% 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¥77.7m, down 53% from the prior year. Total revenue was CN¥3.77b over the last 12 months, up 5.1% from the prior year.