Declared Dividend • Jun 08
Dividend of CN¥0.02 announced Shareholders will receive a dividend of CN¥0.02. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.1% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 5.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • May 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 32% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.8% net profit margin). New Risk • May 26
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • May 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Ankündigung • Apr 28
Cashway Fintech Co.,Ltd., Annual General Meeting, May 25, 2026 Cashway Fintech Co.,Ltd., Annual General Meeting, May 25, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Tianjin China Ankündigung • Mar 30
Cashway Fintech Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Cashway Fintech Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Ankündigung • Dec 26
Cashway Fintech Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Cashway Fintech Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 New Risk • Dec 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 7.1% 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. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥11.73, the stock trades at a trailing P/E ratio of 65.1x. Average trailing P/E is 70x in the Tech industry in China. Total returns to shareholders of 95% over the past three years. Reported Earnings • Oct 30
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: CN¥74.6m (down 3.9% from 3Q 2024). Net income: CN¥3.49m (up 310% from 3Q 2024). Profit margin: 4.7% (up from 1.1% in 3Q 2024). The increase in margin was driven by lower expenses. Ankündigung • Sep 30
Cashway Fintech Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Cashway Fintech Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Sep 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 50% 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 Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risk Large one-off items impacting financial results. Ankündigung • Jun 30
Cashway Fintech Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Cashway Fintech Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 New Risk • Jun 20
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 8.3% 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. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.04 loss in 1Q 2024) First quarter 2025 results: EPS: CN¥0.01 (up from CN¥0.04 loss in 1Q 2024). Revenue: CN¥94.0m (up 1.3% from 1Q 2024). Net income: CN¥5.35m (up CN¥26.5m from 1Q 2024). Profit margin: 5.7% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Apr 25
Cashway Fintech Co.,Ltd., Annual General Meeting, May 19, 2025 Cashway Fintech Co.,Ltd., Annual General Meeting, May 19, 2025, at 13:30 China Standard Time. Location: 5F, Block A, No. 30, Xiba Road, Airport Economic Zone, Free Trade Zone, Tianjin China Ankündigung • Mar 28
Cashway Fintech Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Cashway Fintech Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 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 (12% average weekly change). Ankündigung • Dec 27
Cashway Fintech Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Cashway Fintech Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.038 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.002 (up from CN¥0.038 loss in 3Q 2023). Revenue: CN¥77.6m (down 11% from 3Q 2023). Net income: CN¥850.2k (up CN¥20.4m from 3Q 2023). Profit margin: 1.1% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Ankündigung • Sep 30
Cashway Fintech Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Cashway Fintech Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 New Risk • Sep 24
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 8.6% 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 (8.6% average weekly change). Earnings have declined by 62% per year over the past 5 years. Reported Earnings • Aug 27
Second quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.025 loss in 2Q 2023) Second quarter 2024 results: CN¥0.03 loss per share (further deteriorated from CN¥0.025 loss in 2Q 2023). Revenue: CN¥86.6m (down 9.4% from 2Q 2023). Net loss: CN¥15.5m (loss widened 12% from 2Q 2023). 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. 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 7.5% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 65% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Ankündigung • Jun 28
Cashway Fintech Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Cashway Fintech Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Ankündigung • Apr 27
Cashway Fintech Co.,Ltd., Annual General Meeting, May 29, 2024 Cashway Fintech Co.,Ltd., Annual General Meeting, May 29, 2024, at 13:30 China Standard Time. Location: 5F, Block A, No. 30, Xiba Road, Airport Economic Zone, Free Trade Zone, Tianjin China Reported Earnings • Apr 26
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.06 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (improved from CN¥0.06 loss in 1Q 2023). Revenue: CN¥92.8m (down 22% from 1Q 2023). Net loss: CN¥21.2m (loss narrowed 29% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Ankündigung • Mar 30
Cashway Fintech Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Cashway Fintech Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Ankündigung • Dec 29
Cashway Fintech Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Cashway Fintech Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.038 loss per share (vs CN¥0.064 loss in 3Q 2022) Third quarter 2023 results: CN¥0.038 loss per share (improved from CN¥0.064 loss in 3Q 2022). Revenue: CN¥87.0m (down 43% from 3Q 2022). Net loss: CN¥19.5m (loss narrowed 42% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Ankündigung • Sep 30
Cashway Fintech Co.,Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Cashway Fintech Co.,Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released: CN¥0.025 loss per share (vs CN¥0.047 loss in 2Q 2022) Second quarter 2023 results: CN¥0.025 loss per share (improved from CN¥0.047 loss in 2Q 2022). Revenue: CN¥95.6m (down 26% from 2Q 2022). Net loss: CN¥13.8m (loss narrowed 50% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. New Risk • Aug 10
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 6.6% 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 Earnings have declined by 70% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Apr 26
First quarter 2023 earnings released: CN¥0.06 loss per share (vs CN¥0.04 loss in 1Q 2022) First quarter 2023 results: CN¥0.06 loss per share (further deteriorated from CN¥0.04 loss in 1Q 2022). Revenue: CN¥118.7m (up 5.3% from 1Q 2022). Net loss: CN¥29.7m (loss widened 62% from 1Q 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. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Chairman Haoran Jiang is the most experienced director on the board, commencing their role in 2015. Independent Director Xi Zhao was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.064 loss per share (vs CN¥0.029 profit in 3Q 2021) Third quarter 2022 results: CN¥0.064 loss per share (down from CN¥0.029 profit in 3Q 2021). Revenue: CN¥152.8m (up 18% from 3Q 2021). Net loss: CN¥33.5m (down 319% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 13% per year. Reported Earnings • Aug 26
Second quarter 2022 earnings released: CN¥0.047 loss per share (vs CN¥0.004 loss in 2Q 2021) Second quarter 2022 results: CN¥0.047 loss per share (down from CN¥0.004 loss in 2Q 2021). Revenue: CN¥128.9m (down 18% from 2Q 2021). Net loss: CN¥27.6m (loss widened CN¥25.4m from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
First quarter 2022 earnings released: CN¥0.04 loss per share (vs CN¥0.015 profit in 1Q 2021) First quarter 2022 results: CN¥0.04 loss per share (down from CN¥0.015 profit in 1Q 2021). Revenue: CN¥112.7m (down 36% from 1Q 2021). Net loss: CN¥18.3m (down 382% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥5.80, the stock trades at a trailing P/E ratio of 75.2x. Average trailing P/E is 43x in the Tech industry in China. Total returns to shareholders of 4.7% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.029 (vs CN¥0.015 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥129.0m (down 29% from 3Q 2020). Net income: CN¥15.3m (up CN¥23.2m from 3Q 2020). Profit margin: 12% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: CN¥0.004 loss per share (vs CN¥0.009 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¥156.6m (down 24% from 2Q 2020). Net loss: CN¥2.23m (down 143% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.04 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥176.5m (down 26% from 1Q 2020). Net income: CN¥6.49m (down 56% from 1Q 2020). Profit margin: 3.7% (down from 6.1% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥6.73 The company is down 17% from its price of CN¥8.06 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥6.74 The company is down 21% from its price of CN¥8.56 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 Tech industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥7.27 The company is down 20% from its price of CN¥9.04 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 1.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day low: CN¥7.58 The company is down 29% from its price of CN¥10.62 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 6.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥61.8k, down 98% from the prior year. Total revenue was CN¥1.13b over the last 12 months, up 41% from the prior year. Ankündigung • Oct 28
Cashway Fintech Co.,Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Cashway Fintech Co.,Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Oct 26
New 90-day low: CN¥8.25 The company is down 22% from its price of CN¥10.58 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 Tech industry, which is down 7.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥8.32 The company is down 11% from its price of CN¥9.33 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 Tech industry, which is up 1.0% over the same period. Ankündigung • Jul 10
Cashway Fintech Co.,Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Cashway Fintech Co.,Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 Ankündigung • Jul 09
Cashway Fintech Co.,Ltd. (SHSE:603106) agreed to acquire Hengyintong Information Technology Co., Ltd. from Hengrong Investment Group Co., Ltd. and Tianjin Xi'ao Elevator Engineering Co., Ltd. for CNY 37.5 million. Cashway Fintech Co.,Ltd. (SHSE:603106) agreed to acquire Hengyintong Information Technology Co., Ltd. from Hengrong Investment Group Co., Ltd. and Tianjin Xi'ao Elevator Engineering Co., Ltd. for CNY 37.5 million on July 6, 2020. Cashway will acquire the 87.41% stake from Hengrong Investment Group Co., Ltd. and 12.59% stake from Tianjin Xi'ao Elevator Engineering Co., Ltd. The transaction was approved in the 15th Meeting of the 2nd Directorate of Cashway. 
