New Risk • Jun 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥66m free cash flow). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding). Ankündigung • Jun 04
Shenzhen Division Co.,Ltd., Annual General Meeting, Jun 24, 2026 Shenzhen Division Co.,Ltd., Annual General Meeting, Jun 24, 2026, at 15:00 China Standard Time. Location: Building D, No. 10, Qiongyu Road, Science Park Community, Yuehai Subdistrict, Nanshan District, Shenzhen, Guangdong China New Risk • May 06
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¥66m 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¥66m free cash flow). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). New Risk • May 03
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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 30
Full year 2025 earnings released: CN¥0.024 loss per share (vs CN¥0.023 loss in FY 2024) Full year 2025 results: CN¥0.024 loss per share (further deteriorated from CN¥0.023 loss in FY 2024). Revenue: CN¥534.0m (up 28% from FY 2024). Net loss: CN¥9.32m (loss widened 12% from FY 2024). Over the last 3 years on average, earnings per share has increased by 88% 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
Shenzhen Division Co.,Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Shenzhen Division Co.,Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Ankündigung • Dec 31
Shenzhen Division Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026 Shenzhen Division Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026 Board Change • Dec 25
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Peihui Cai was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 20
Shenzhen Division Co.,Ltd. Approves Board Appointments, Effective 18 November 2025 Shenzhen Division Co.,Ltd. at its Extraordinary General Meeting of 2025 held on 18 November 2025, approved election and nomination of Li Mingcan and Cai Peihui, as non-independent directors and election and nomination of Zhu Fengrui as independent director. New Risk • Oct 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 62% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). High level of non-cash earnings (62% accrual ratio). New Risk • Oct 15
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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). High level of non-cash earnings (24% accrual ratio). Ankündigung • Sep 30
Shenzhen Division Co.,Ltd. to Report Q3, 2025 Results on Oct 22, 2025 Shenzhen Division Co.,Ltd. announced that they will report Q3, 2025 results on Oct 22, 2025 Ankündigung • Jul 02
Shenzhen Division Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Shenzhen Division Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Ankündigung • Jun 09
Shenzhen Division Co.,Ltd., Annual General Meeting, Jun 30, 2025 Shenzhen Division Co.,Ltd., Annual General Meeting, Jun 30, 2025, at 15:00 China Standard Time. Location: Building D, No. 10, Qiongyu Road, Science and Technology Park Community, Yuehai Subdistrict, Nanshan District, Shenzhen, Guangdong China New Risk • May 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 26% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Ankündigung • Mar 31
Shenzhen Division Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Shenzhen Division Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Ankündigung • Dec 31
Shenzhen Division Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Shenzhen Division Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.009 loss per share (vs CN¥0.075 loss in 3Q 2023) Third quarter 2024 results: CN¥0.009 loss per share (improved from CN¥0.075 loss in 3Q 2023). Revenue: CN¥106.3m (up 77% from 3Q 2023). Net loss: CN¥3.38m (loss narrowed 88% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Ankündigung • Sep 30
Shenzhen Division Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Shenzhen Division Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.046 loss per share (vs CN¥0.13 loss in 2Q 2023) Second quarter 2024 results: CN¥0.046 loss per share (improved from CN¥0.13 loss in 2Q 2023). Revenue: CN¥113.6m (up 96% from 2Q 2023). Net loss: CN¥16.5m (loss narrowed 66% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Ankündigung • Jun 29
Shenzhen Division Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shenzhen Division Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Ankündigung • Jun 08
Shenzhen Division Co.,Ltd., Annual General Meeting, Jun 27, 2024 Shenzhen Division Co.,Ltd., Annual General Meeting, Jun 27, 2024, at 15:00 China Standard Time. Reported Earnings • Apr 27
Full year 2023 earnings released: CN¥0.64 loss per share (vs CN¥0.85 loss in FY 2022) Full year 2023 results: CN¥0.64 loss per share (improved from CN¥0.85 loss in FY 2022). Revenue: CN¥435.9m (down 4.9% from FY 2022). Net loss: CN¥231.0m (loss narrowed 18% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Ankündigung • Mar 30
Shenzhen Division Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Shenzhen Division Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 New Risk • Feb 05
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 8.7% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥26m free cash flow). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CN¥592.1m market cap, or US$83.2m). New Risk • Feb 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CN¥674.5m (US$93.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥26m free cash flow). Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (CN¥674.5m market cap, or US$93.9m). Ankündigung • Dec 30
Shenzhen Division Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Shenzhen Division Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.075 loss per share (vs CN¥0.21 loss in 3Q 2022) Third quarter 2023 results: CN¥0.075 loss per share (improved from CN¥0.21 loss in 3Q 2022). Revenue: CN¥60.1m (down 23% from 3Q 2022). Net loss: CN¥26.9m (loss narrowed 60% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. New Risk • Oct 19
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 6.2% 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥47m free cash flow). Earnings have declined by 31% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.13 loss per share (vs CN¥0.16 loss in 2Q 2022) Second quarter 2023 results: CN¥0.13 loss per share (improved from CN¥0.16 loss in 2Q 2022). Revenue: CN¥58.0m (down 24% from 2Q 2022). Net loss: CN¥48.2m (loss narrowed 7.7% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 28
First quarter 2023 earnings released: CN¥0.14 loss per share (vs CN¥0.12 loss in 1Q 2022) First quarter 2023 results: CN¥0.14 loss per share (further deteriorated from CN¥0.12 loss in 1Q 2022). Revenue: CN¥51.9m (down 51% from 1Q 2022). Net loss: CN¥50.7m (loss widened 34% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Board Change • Dec 20
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. 4 non-independent directors. Independent Director Tai Zhou 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 28
Third quarter 2022 earnings released: CN¥0.21 loss per share (vs CN¥0.044 loss in 3Q 2021) Third quarter 2022 results: CN¥0.21 loss per share (further deteriorated from CN¥0.044 loss in 3Q 2021). Revenue: CN¥78.4m (up 33% from 3Q 2021). Net loss: CN¥67.0m (loss widened 329% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: CN¥0.16 loss per share (vs CN¥0.13 loss in 2Q 2021) Second quarter 2022 results: CN¥0.16 loss per share (down from CN¥0.13 loss in 2Q 2021). Revenue: CN¥76.3m (up 45% from 2Q 2021). Net loss: CN¥52.2m (loss widened 31% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.12 loss per share (down from CN¥0.06 loss in 1Q 2021). Revenue: CN¥105.0m (up 106% from 1Q 2021). Net loss: CN¥37.8m (loss widened 111% from 1Q 2021). Revenue missed analyst estimates by 48%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Ankündigung • Apr 26
Shenzhen Dvision Co.,Ltd. to Report Fiscal Year 2021 Results on Apr 29, 2022 Shenzhen Dvision Co.,Ltd. announced that they will report fiscal year 2021 results on Apr 29, 2022 Reported Earnings • Oct 26
Third quarter 2021 earnings released: CN¥0.044 loss per share (vs CN¥0.051 loss in 3Q 2020) The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: CN¥58.7m (up 18% from 3Q 2020). Net loss: CN¥15.6m (loss widened 1.7% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.13 loss per share (vs CN¥0.026 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CN¥52.7m (down 19% from 2Q 2020). Net loss: CN¥39.9m (loss widened 411% from 2Q 2020). 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 13% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥3.84 The company is down 38% from its price of CN¥6.16 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥4.60 The company is down 17% from its price of CN¥5.53 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥5.21 The company is down 15% from its price of CN¥6.10 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 Communications industry, which is down 6.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥24.6m, with losses narrowing by 83% from the prior year. Total revenue was CN¥367.3m over the last 12 months, down 4.6% from the prior year. Ankündigung • Aug 13
Shenzhen Dvision Co.,Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Shenzhen Dvision Co.,Ltd. announced that they will report first half, 2020 results on Aug 28, 2020