Anuncio • Apr 17
Beijing Kingee Culture Development Co., Ltd., Annual General Meeting, May 12, 2026 Beijing Kingee Culture Development Co., Ltd., Annual General Meeting, May 12, 2026, at 14:00 China Standard Time. Location: 2F, Yard No. 131, Xisihuan North Road, Haidian District, Beijing China Anuncio • Mar 31
Beijing Kingee Culture Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Beijing Kingee Culture Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Anuncio • Dec 31
Beijing Kingee Culture Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Beijing Kingee Culture Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Anuncio • Sep 30
Beijing Kingee Culture Development Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Beijing Kingee Culture Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Anuncio • Jul 02
Beijing Kingee Culture Development Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Beijing Kingee Culture Development Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Anuncio • Apr 29
Beijing Kingee Culture Development Co., Ltd., Annual General Meeting, May 20, 2025 Beijing Kingee Culture Development Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Anuncio • Mar 31
Beijing Kingee Culture Development Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Beijing Kingee Culture Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Anuncio • Dec 31
Beijing Kingee Culture Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Beijing Kingee Culture Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Anuncio • Nov 14
Beijing Kingee Culture Development Co., Ltd. (SZSE:002721) signed a letter of intent to acquire an unknown minority stake in Beijing Kayakwise Technology Co., Ltd. from Guo Jiansheng Beijing Kingee Culture Development Co., Ltd. (SZSE:002721) signed a letter of intent to acquire an unknown minority stake in Beijing Kayakwise Technology Co., Ltd. from Guo Jiansheng on November 12, 2024.
As of December 31, 2023, Beijing Kayakwise Technology Co., Ltd. reported total assets of CNY 588.98 million and total common equity of CNY 470.44 million. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.10 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.001 (up from CN¥0.10 loss in 3Q 2023). Revenue: CN¥86.9m (down 80% from 3Q 2023). Net income: CN¥4.34m (up CN¥98.3m from 3Q 2023). Profit margin: 5.0% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥3.09, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 5.8% over the past three years. Anuncio • Sep 30
Beijing Kingee Culture Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Beijing Kingee Culture Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.28 loss in 2Q 2023) Second quarter 2024 results: CN¥0.002 loss per share (improved from CN¥0.28 loss in 2Q 2023). Revenue: CN¥64.3m (down 79% from 2Q 2023). Net loss: CN¥6.37m (loss narrowed 98% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Anuncio • Jun 29
Beijing Kingee Culture Development Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Beijing Kingee Culture Development Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Anuncio • May 01
Beijing Kingee Culture Development Co., Ltd., Annual General Meeting, May 21, 2024 Beijing Kingee Culture Development Co., Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.001 (vs CN¥0.17 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.001 (up from CN¥0.17 loss in 1Q 2023). Revenue: CN¥125.6m (down 78% from 1Q 2023). Net income: CN¥2.64m (up CN¥167.1m from 1Q 2023). Profit margin: 2.1% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2023 earnings released: EPS: CN¥0.61 (vs CN¥3.85 loss in FY 2022) Full year 2023 results: EPS: CN¥0.61 (up from CN¥3.85 loss in FY 2022). Revenue: CN¥1.51b (down 17% from FY 2022). Net income: CN¥665.2m (up CN¥4.32b from FY 2022). Profit margin: 44% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. 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 3% per year. Anuncio • Mar 30
Beijing Kingee Culture Development Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Beijing Kingee Culture Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Anuncio • Dec 29
Beijing Kingee Culture Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Beijing Kingee Culture Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 New Risk • Dec 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 180% This is considered a major 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥89m free cash flow). Negative equity (-CN¥4.0b). Earnings have declined by 53% per year over the past 5 years. Shareholders have been substantially diluted in the past year (180% increase in shares outstanding). Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.10 loss per share (vs CN¥1.76 loss in 3Q 2022) Third quarter 2023 results: CN¥0.10 loss per share (improved from CN¥1.76 loss in 3Q 2022). Revenue: CN¥443.1m (up 2.0% from 3Q 2022). Net loss: CN¥94.0m (loss narrowed 94% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 28% 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. Anuncio • Sep 30
Beijing Kingee Culture Development Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Beijing Kingee Culture Development Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 New Risk • Aug 31
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¥74m 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥74m free cash flow). Negative equity (-CN¥3.9b). Earnings have declined by 58% per year over the past 5 years. Anuncio • May 06
Beijing Kingee Culture Development Co., Ltd., Annual General Meeting, May 22, 2023 Beijing Kingee Culture Development Co., Ltd., Annual General Meeting, May 22, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to 2022 work report of the supervisory committee; to 2022 annual report and its summary; to 2023 financing and guarantee quota of the Company and its subsidiaries; to Application for loans to a company and guarantee quota; to Application for loans to another company and guarantee quota; to 2022 profit distribution plan; and to Unrecovered losses account for one-third of the paid-in capital. Reported Earnings • May 04
First quarter 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.13 loss in 1Q 2022) First quarter 2023 results: CN¥0.17 loss per share (further deteriorated from CN¥0.13 loss in 1Q 2022). Revenue: CN¥564.3m (down 8.0% from 1Q 2022). Net loss: CN¥164.5m (loss widened 33% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Deputy GM & Director Changyou Sun is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 31
Third quarter 2022 earnings released: CN¥0.16 loss per share (vs CN¥0.12 loss in 3Q 2021) Third quarter 2022 results: CN¥0.16 loss per share (further deteriorated from CN¥0.12 loss in 3Q 2021). Revenue: CN¥357.7m (down 59% from 3Q 2021). Net loss: CN¥150.3m (loss widened 31% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 47% 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. Reported Earnings • Sep 03
Second quarter 2022 earnings released: CN¥0.19 loss per share (vs CN¥0.09 loss in 2Q 2021) Second quarter 2022 results: CN¥0.19 loss per share (down from CN¥0.09 loss in 2Q 2021). Revenue: CN¥341.1m (down 34% from 2Q 2021). Net loss: CN¥179.4m (loss widened 108% from 2Q 2021). 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 16% per year, which means it has not declined as severely as earnings. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.13 loss per share (vs CN¥0.12 loss in 1Q 2021) First quarter 2022 results: CN¥0.13 loss per share (down from CN¥0.12 loss in 1Q 2021). Revenue: CN¥613.7m (down 45% from 1Q 2021). Net loss: CN¥123.8m (loss widened 6.0% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Deputy GM & Director Changyou Sun is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 17
Full year 2021 earnings released: CN¥1.35 loss per share (vs CN¥2.99 loss in FY 2020) Full year 2021 results: CN¥1.35 loss per share (up from CN¥2.99 loss in FY 2020). Revenue: CN¥3.14b (down 19% from FY 2020). Net loss: CN¥1.28b (loss narrowed 50% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Board Change • Nov 02
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director Changyou Sun is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.12 loss per share (vs CN¥0.24 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CN¥868.7m (up 28% from 3Q 2020). Net loss: CN¥115.1m (loss narrowed 42% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 01
Second quarter 2021 earnings released: CN¥0.09 loss per share (vs CN¥0.20 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥513.4m (down 42% from 2Q 2020). Net loss: CN¥86.2m (loss narrowed 53% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
First quarter 2021 earnings released: CN¥0.12 loss per share (vs CN¥0.08 loss in 1Q 2020) The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CN¥1.12b (up 10% from 1Q 2020). Net loss: CN¥116.8m (loss widened 82% from 1Q 2020). Is New 90 Day High Low • Jan 26
New 90-day low: CN¥2.57 The company is down 26% from its price of CN¥3.45 on 29 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 20% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥2.83 The company is down 25% from its price of CN¥3.79 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 17% over the same period. Is New 90 Day High Low • Dec 25
New 90-day low: CN¥3.12 The company is down 17% from its price of CN¥3.77 on 25 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 Metals and Mining industry, which is up 13% 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¥451.4m, with earnings decreasing by CN¥455.0m from the prior year. Total revenue was CN¥5.56b over the last 12 months, down 53% from the prior year. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥3.65 The company is down 17% from its price of CN¥4.38 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 5.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥3.76 The company is down 1.0% from its price of CN¥3.78 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 Metals and Mining industry, which is up 6.0% over the same period.