Ankündigung • Sep 30
Gohigh Networks Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Gohigh Networks Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 Ankündigung • Jul 02
Gohigh Networks Co.,Ltd to Report First Half, 2025 Results on Aug 29, 2025 Gohigh Networks Co.,Ltd announced that they will report first half, 2025 results on Aug 29, 2025 Ankündigung • Apr 29
Gohigh Networks Co.,Ltd, Annual General Meeting, May 20, 2025 Gohigh Networks Co.,Ltd, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Ankündigung • Mar 31
Gohigh Networks Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 Gohigh Networks Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Ankündigung • Dec 31
Gohigh Networks Co.,Ltd to Report Fiscal Year 2024 Results on Apr 26, 2025 Gohigh Networks Co.,Ltd announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.061 loss per share (vs CN¥0.002 loss in 3Q 2023) Third quarter 2024 results: CN¥0.061 loss per share (further deteriorated from CN¥0.002 loss in 3Q 2023). Revenue: CN¥255.0m (down 85% from 3Q 2023). Net loss: CN¥67.5m (loss widened CN¥65.3m from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Ankündigung • Sep 30
Gohigh Networks Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Gohigh Networks Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: CN¥0.088 loss per share (vs CN¥0.004 loss in 2Q 2023) Second quarter 2024 results: CN¥0.088 loss per share (further deteriorated from CN¥0.004 loss in 2Q 2023). Revenue: CN¥412.9m (down 64% from 2Q 2023). Net loss: CN¥101.9m (loss widened CN¥97.4m from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Ankündigung • Jun 29
Gohigh Networks Co.,Ltd to Report First Half, 2024 Results on Aug 27, 2024 Gohigh Networks Co.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024 New Risk • Jun 26
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 8.5% 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 70% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Reported Earnings • May 01
First quarter 2024 earnings released: EPS: CN¥0.094 (vs CN¥0.007 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.094 (up from CN¥0.007 in 1Q 2023). Revenue: CN¥844.5m (down 31% from 1Q 2023). Net income: CN¥106.5m (up CN¥98.6m from 1Q 2023). Profit margin: 13% (up from 0.6% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Ankündigung • May 01
Gohigh Networks Co.,Ltd, Annual General Meeting, May 21, 2024 Gohigh Networks Co.,Ltd, Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: Meeting Room 10, Building 1, North Area, Yard No. 9, Dongran North Street, Haidian District, Beijing China Ankündigung • Mar 30
Gohigh Networks Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Gohigh Networks Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Ankündigung • Dec 30
Gohigh Networks Co.,Ltd to Report Fiscal Year 2023 Results on Apr 29, 2024 Gohigh Networks Co.,Ltd announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.002 loss per share (vs CN¥0.045 loss in 3Q 2022) Third quarter 2023 results: CN¥0.002 loss per share (improved from CN¥0.045 loss in 3Q 2022). Revenue: CN¥1.68b (up 38% from 3Q 2022). Net loss: CN¥2.23m (loss narrowed 96% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Ankündigung • Sep 30
Gohigh Networks Co.,Ltd to Report Q3, 2023 Results on Oct 31, 2023 Gohigh Networks Co.,Ltd announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.004 loss per share (vs CN¥0.23 profit in 2Q 2022) Second quarter 2023 results: CN¥0.004 loss per share (down from CN¥0.23 profit in 2Q 2022). Revenue: CN¥1.16b (down 30% from 2Q 2022). Net loss: CN¥4.50m (down 102% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Ankündigung • May 06
Gohigh Networks Co., Ltd., Annual General Meeting, May 23, 2023 Gohigh Networks Co., Ltd., Annual General Meeting, May 23, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 report of the board of directors; to consider 2022 report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2022 provision for impairment; and to consider 2023 estimated continuing operational connected transactions. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.007 (vs CN¥0.002 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.007 (up from CN¥0.002 in 1Q 2022). Revenue: CN¥1.23b (up 20% from 1Q 2022). Net income: CN¥7.95m (up 286% from 1Q 2022). Profit margin: 0.6% (up from 0.2% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥6.36, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 43x in the Communications industry in China. Total returns to shareholders of 17% over the past three years. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Supervisor Hongyun Liu was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2022 earnings released: CN¥0.045 loss per share (vs CN¥0.015 profit in 3Q 2021) Third quarter 2022 results: CN¥0.045 loss per share (down from CN¥0.015 profit in 3Q 2021). Revenue: CN¥1.22b (down 40% from 3Q 2021). Net loss: CN¥50.9m (down 396% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥4.99, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 32x in the Communications industry in China. Total loss to shareholders of 4.8% over the past three years. Reported Earnings • Sep 03
Second quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.006 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.23 (up from CN¥0.006 in 2Q 2021). Revenue: CN¥1.65b (down 14% from 2Q 2021). Net income: CN¥260.8m (up CN¥254.5m from 2Q 2021). Profit margin: 16% (up from 0.3% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.001 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.002 (up from CN¥0.001 in 1Q 2021). Revenue: CN¥1.02b (down 23% from 1Q 2021). Net income: CN¥2.06m (up 81% from 1Q 2021). Profit margin: 0.2% (up from 0.1% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 14% per year. Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: CN¥0.015 (vs CN¥0.14 loss in FY 2020) Full year 2021 results: EPS: CN¥0.015 (up from CN¥0.14 loss in FY 2020). Revenue: CN¥8.55b (up 22% from FY 2020). Net income: CN¥15.4m (up CN¥15.4m from FY 2020). Profit margin: 0.2% (up from 0% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.015 (vs CN¥0.034 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.01b (up 50% from 3Q 2020). Net income: CN¥17.2m (up CN¥47.6m from 3Q 2020). Profit margin: 0.9% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS CN¥0.006 (vs CN¥0.027 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¥1.93b (up 7.4% from 2Q 2020). Net income: CN¥6.32m (up CN¥30.1m from 2Q 2020). Profit margin: 0.3% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.001 (vs CN¥0.067 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.33b (up 56% from 1Q 2020). Net income: CN¥1.14m (up CN¥60.2m from 1Q 2020). Profit margin: 0.1% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 16
Full year 2020 earnings released: CN¥0.14 loss per share (vs CN¥0.026 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥7.02b (down 39% from FY 2019). Net loss: CN¥121.6m (down CN¥144.7m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥5.67 The company is down 5.0% from its price of CN¥5.96 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 9.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: CN¥7.94 The company is up 5.0% from its price of CN¥7.58 on 02 September 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 10.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥116.5m, with earnings decreasing by CN¥141.2m from the prior year. Total revenue was CN¥7.85b over the last 12 months, down 10% from the prior year. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥6.20 The company is down 29% from its price of CN¥8.69 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥6.59 The company is down 14% from its price of CN¥7.62 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 Communications industry, which is up 1.0% over the same period.