Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Chengyong Yu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 23
Glarun Technology Co.,Ltd, Annual General Meeting, May 14, 2026 Glarun Technology Co.,Ltd, Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: 22F, Building 1, No. 359, Jiangdong Middle Road, Jianye District, Nanjing, Jiangsu China Ankündigung • Mar 30
Glarun Technology Co.,Ltd to Report Q1, 2026 Results on Apr 23, 2026 Glarun Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 23, 2026 Ankündigung • Dec 26
Glarun Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026 Glarun Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026 Ankündigung • Sep 30
Glarun Technology Co.,Ltd to Report Q3, 2025 Results on Oct 25, 2025 Glarun Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 25, 2025 Ankündigung • Jun 30
Glarun Technology Co.,Ltd to Report First Half, 2025 Results on Aug 28, 2025 Glarun Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Ankündigung • Apr 20
Glarun Technology Co.,Ltd, Annual General Meeting, May 13, 2025 Glarun Technology Co.,Ltd, Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: 22F, Building 1, No. 359, Jiangdong Middle Road, Jianye District, Nanjing, Jiangsu China Ankündigung • Mar 28
Glarun Technology Co.,Ltd to Report Q1, 2025 Results on Apr 19, 2025 Glarun Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 19, 2025 Ankündigung • Dec 27
Glarun Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025 Glarun Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 19, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥20.25, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 32x in the Communications industry in China. Total returns to shareholders of 22% over the past three years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.049 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.049 in 3Q 2023). Revenue: CN¥426.6m (down 25% from 3Q 2023). Net income: CN¥22.7m (down 61% from 3Q 2023). Profit margin: 5.3% (down from 10% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥18.28, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 32x in the Communications industry in China. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.27 per share. Buy Or Sell Opportunity • Oct 09
Now 21% undervalued Over the last 90 days, the stock has risen 20% to CN¥16.02. The fair value is estimated to be CN¥20.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.7%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 53% in the next 2 years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥15.41, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.35 per share. Ankündigung • Sep 30
Glarun Technology Co.,Ltd to Report Q3, 2024 Results on Oct 26, 2024 Glarun Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 25
Second quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.18 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.19 (up from CN¥0.18 in 2Q 2023). Revenue: CN¥996.5m (up 1.1% from 2Q 2023). Net income: CN¥230.1m (up 3.4% from 2Q 2023). Profit margin: 23% (in line with 2Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. 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 8% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 08
Dividend of CN¥0.14 announced Shareholders will receive a dividend of CN¥0.14. Ex-date: 11th July 2024 Payment date: 11th July 2024 Dividend yield will be 1.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Jun 28
Glarun Technology Co.,Ltd to Report First Half, 2024 Results on Aug 24, 2024 Glarun Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 24, 2024 Ankündigung • Apr 26
Glarun Technology Co.,Ltd, Annual General Meeting, May 16, 2024 Glarun Technology Co.,Ltd, Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.09 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.09 (in line with 1Q 2023). Revenue: CN¥562.0m (down 1.8% from 1Q 2023). Net income: CN¥115.5m (up 2.7% from 1Q 2023). Profit margin: 21% (in line with 1Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • Mar 29
Glarun Technology Co.,Ltd to Report Q1, 2024 Results on Apr 25, 2024 Glarun Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 25, 2024 Reported Earnings • Feb 06
Full year 2023 earnings released: EPS: CN¥0.48 (vs CN¥0.44 in FY 2022) Full year 2023 results: EPS: CN¥0.48 (up from CN¥0.44 in FY 2022). Revenue: CN¥3.28b (up 1.8% from FY 2022). Net income: CN¥599.2m (up 9.1% from FY 2022). Profit margin: 18% (up from 17% in FY 2022). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥9.85, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Communications industry in China. Total loss to shareholders of 26% over the past three years. Ankündigung • Dec 29
Glarun Technology Co.,Ltd to Report Fiscal Year 2023 Results on Apr 25, 2024 Glarun Technology Co.,Ltd announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.049 (vs CN¥0.054 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.049 (down from CN¥0.054 in 3Q 2022). Revenue: CN¥566.4m (up 4.2% from 3Q 2022). Net income: CN¥58.6m (down 14% from 3Q 2022). Profit margin: 10% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Ankündigung • Sep 30
Glarun Technology Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023 Glarun Technology Co.,Ltd announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.17 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.18 (up from CN¥0.17 in 2Q 2022). Revenue: CN¥985.9m (up 11% from 2Q 2022). Net income: CN¥222.6m (up 7.3% from 2Q 2022). Profit margin: 23% (in line with 2Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications 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 fallen by 7% per year, which means it is significantly lagging earnings. Ankündigung • Jun 28
Glarun Technology Co.,Ltd to Report First Half, 2023 Results on Aug 30, 2023 Glarun Technology Co.,Ltd announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.07 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.09 (up from CN¥0.07 in 1Q 2022). Revenue: CN¥572.4m (down 2.6% from 1Q 2022). Net income: CN¥112.5m (up 31% from 1Q 2022). Profit margin: 20% (up from 15% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications 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 only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.054 (vs CN¥0.07 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.054 (down from CN¥0.07 in 3Q 2021). Revenue: CN¥543.4m (down 25% from 3Q 2021). Net income: CN¥68.6m (down 17% from 3Q 2021). Profit margin: 13% (up from 11% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.08 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.08 in 2Q 2021). Revenue: CN¥888.5m (up 9.5% from 2Q 2021). Net income: CN¥207.5m (up 100% from 2Q 2021). Profit margin: 23% (up from 13% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 56%, compared to a 32% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.06 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.06 in 1Q 2021). Revenue: CN¥587.7m (down 30% from 1Q 2021). Net income: CN¥86.2m (up 15% from 1Q 2021). Profit margin: 15% (up from 9.0% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Chairman Mingchun Hu was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥17.11, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 29x in the Communications industry in China. Total returns to shareholders of 14% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.065 in 3Q 2020) The company reported a decent third quarter result with improved earnings, although revenues and profit margins were flat. Third quarter 2021 results: Revenue: CN¥721.3m (flat on 3Q 2020). Net income: CN¥82.3m (up 4.9% from 3Q 2020). Profit margin: 11% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥14.32, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 32x in the Communications industry in China. Total loss to shareholders of 7.0% over the past three years. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.098 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: CN¥811.1m (down 50% from 2Q 2020). Net income: CN¥103.7m (down 42% from 2Q 2020). Profit margin: 13% (up from 11% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥17.66, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 31x in the Communications industry in China. Total returns to shareholders of 16% over the past three years. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.005 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¥833.8m (up CN¥730.7m from 1Q 2020). Net income: CN¥75.0m (up CN¥78.0m from 1Q 2020). Profit margin: 9.0% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥14.57 The company is down 21% from its price of CN¥18.42 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥45.63 per share. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥15.67 The company is down 11% from its price of CN¥17.70 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥45.78 per share. Is New 90 Day High Low • Nov 12
New 90-day low: CN¥16.72 The company is down 14% from its price of CN¥19.35 on 14 August 2020. The Chinese market is up 1.0% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥40.99 per share.