Anuncio • Apr 22
Jiangsu Eazytec Co., Ltd. announced that it expects to receive CNY 300 million in funding Jiangsu Eazytec Co., Ltd. announced a private placement of not more than 30% of total share capital A Shares of the company at a price per share of not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of CNY 300,000,000 on April 20, 2026. The transaction involves participation from not more than 35 investors. The transaction has been approved the 5th Meeting of the 5th Directorate and is subject to obtain approval in the Company’s Annual Shareholders Meeting of 2025. The shares cannot be transferred within 6 months from the issuance closing date. Reported Earnings • Apr 21
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: CN¥0.66 (up from CN¥0.27 in FY 2024). Revenue: CN¥335.3m (up 3.7% from FY 2024). Net income: CN¥79.7m (up 143% from FY 2024). Profit margin: 24% (up from 10% in FY 2024). Revenue missed analyst estimates by 15%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 16% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Anuncio • Apr 21
Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 14, 2026 Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: 19F, No. 298, Xingye Road, Yixing, Jiangsu China Anuncio • Mar 30
Jiangsu Eazytec Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Jiangsu Eazytec Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 01
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥0.68 (up from CN¥0.27 in FY 2024). Revenue: CN¥337.7m (up 4.4% from FY 2024). Net income: CN¥82.1m (up 150% from FY 2024). Profit margin: 24% (up from 10% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 2.3%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 56% per year, which means it is well ahead of earnings. New Risk • Jan 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 9.5% 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 Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risk Large one-off items impacting financial results. Anuncio • Dec 26
Jiangsu Eazytec Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Jiangsu Eazytec Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.007 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.15 (up from CN¥0.007 in 3Q 2024). Revenue: CN¥88.8m (up 2.5% from 3Q 2024). Net income: CN¥17.5m (up CN¥16.7m from 3Q 2024). Profit margin: 20% (up from 0.9% in 3Q 2024). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Anuncio • Sep 30
Jiangsu Eazytec Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 Jiangsu Eazytec Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 Anuncio • Jun 30
Jiangsu Eazytec Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Jiangsu Eazytec Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • May 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% 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 (11% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin). Reported Earnings • Apr 19
Full year 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.46 in FY 2023) Full year 2024 results: EPS: CN¥0.27 (down from CN¥0.46 in FY 2023). Revenue: CN¥323.4m (up 1.0% from FY 2023). Net income: CN¥32.8m (down 42% from FY 2023). Profit margin: 10% (down from 18% in FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 14% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Anuncio • Apr 18
Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 13, 2025 Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 13, 2025, at 14:30 China Standard Time. Location: 19F, No. 298, Xingye Road, Yixing, Jiangsu China New Risk • Apr 07
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 9.8% 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 Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (9.9% net profit margin). Anuncio • Mar 28
Jiangsu Eazytec Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Jiangsu Eazytec Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.46 in FY 2023) Full year 2024 results: EPS: CN¥0.27 (down from CN¥0.46 in FY 2023). Revenue: CN¥323.0m (flat on FY 2023). Net income: CN¥32.1m (down 43% from FY 2023). Profit margin: 9.9% (down from 18% in FY 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jan 14
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to CN¥32.90. The fair value is estimated to be CN¥26.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. Anuncio • Dec 27
Jiangsu Eazytec Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Jiangsu Eazytec Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Buy Or Sell Opportunity • Nov 27
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 60% to CN¥34.36. The fair value is estimated to be CN¥27.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Nov 08
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 61% to CN¥34.34. The fair value is estimated to be CN¥27.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. Anuncio • Nov 07
Jiangsu Eazytec Co., Ltd. (SHSE:688258) announces an Equity Buyback for CNY 60 million worth of its shares. Jiangsu Eazytec Co., Ltd. (SHSE:688258) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be purchased at a price not exceeding CNY 44 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's sustainable development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for 12 months. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.028 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.007 (down from CN¥0.028 in 3Q 2023). Revenue: CN¥86.6m (down 12% from 3Q 2023). Net income: CN¥803.6k (down 76% from 3Q 2023). Profit margin: 0.9% (down from 3.4% in 3Q 2023). 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 9% per year, which means it is well ahead of earnings. Anuncio • Sep 30
Jiangsu Eazytec Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Jiangsu Eazytec Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Anuncio • Sep 16
Jiangsu Eazytec Co., Ltd. (SHSE:688258) agreed to acquire remaining 48% stake in Appeon Technology (Shenzhen) Co., Ltd. for approximately CNY 270 million. Jiangsu Eazytec Co., Ltd. (SHSE:688258) agreed to acquire remaining 48% stake in Appeon Technology (Shenzhen) Co., Ltd. for approximately CNY 270 million on September 13, 2024. A cash consideration of CNY 273.28 million will be paid by Jiangsu Eazytec Co., Ltd. As part of consideration, CNY 273.28 million is paid towards common equity of Appeon Technology (Shenzhen) Co., Ltd. Upon completion, Jiangsu Eazytec Co., Ltd. will own 100% stake in Appeon Technology (Shenzhen) Co., Ltd.
The transaction is subject to approval of offer by acquirer board. The deal has been unanimously approved by the board. New Risk • Aug 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.2% Last year net profit margin: 28% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.2% net profit margin). Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.35 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.35 in 2Q 2023). Revenue: CN¥86.3m (up 23% from 2Q 2023). Net income: CN¥2.36m (down 95% from 2Q 2023). Profit margin: 2.7% (down from 63% in 2Q 2023). 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 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥23.93, the stock trades at a trailing P/E ratio of 42.7x. Average trailing P/E is 41x in the IT industry in China. Total loss to shareholders of 17% over the past three years. New Risk • Jul 31
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 7.2% 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: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Buy Or Sell Opportunity • Jul 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to CN¥21.78. The fair value is estimated to be CN¥27.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 7.0%. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to CN¥21.10, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 41x in the IT industry in China. Total loss to shareholders of 54% over the past three years. Buy Or Sell Opportunity • Jul 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to CN¥30.28. The fair value is estimated to be CN¥38.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 7.0%. Anuncio • Jun 29
Jiangsu Eazytec Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Jiangsu Eazytec Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.08 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.08 in 1Q 2023). Revenue: CN¥70.4m (up 8.9% from 1Q 2023). Net income: CN¥16.9m (up 150% from 1Q 2023). Profit margin: 24% (up from 11% in 1Q 2023). The increase in margin was primarily driven by higher revenue. 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 1% per year, which means it is significantly lagging earnings. Anuncio • Apr 20
Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 15, 2024 Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: 19F, No. 298, Xingye Road, Yixing, Jiangsu China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥31.20, the stock trades at a trailing P/E ratio of 44.5x. Average trailing P/E is 47x in the IT industry in China. Total loss to shareholders of 21% over the past three years. Anuncio • Mar 29
Jiangsu Eazytec Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Jiangsu Eazytec Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥38.54, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 60x in the IT industry in China. Total returns to shareholders of 4.8% over the past three years. Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: CN¥0.70 (vs CN¥0.59 in FY 2022) Full year 2023 results: EPS: CN¥0.70 (up from CN¥0.59 in FY 2022). Revenue: CN¥320.8m (up 14% from FY 2022). Net income: CN¥60.2m (up 18% from FY 2022). Profit margin: 19% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥34.22, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 46x in the IT industry in China. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥45.11, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 55x in the IT industry in China. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥65.03, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 65x in the IT industry in China. Negligible returns to shareholders over past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.038 (vs CN¥0.20 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.038 (down from CN¥0.20 in 3Q 2022). Revenue: CN¥98.2m (up 29% from 3Q 2022). Net income: CN¥3.34m (down 80% from 3Q 2022). Profit margin: 3.4% (down from 22% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year. Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥54.46, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 57x in the IT industry in China. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥58.98, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 57x in the IT industry in China. Total loss to shareholders of 24% over the past three years. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.49 (vs CN¥0.016 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.49 (up from CN¥0.016 loss in 2Q 2022). Revenue: CN¥70.0m (up 30% from 2Q 2022). Net income: CN¥44.0m (up CN¥45.3m from 2Q 2022). Profit margin: 63% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 14% per year. New Risk • Aug 25
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 8.0% 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 (8.0% average weekly change). Earnings have declined by 7.0% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Anuncio • Jun 28
Jiangsu Eazytec Co., Ltd. to Report First Half, 2023 Results on Aug 28, 2023 Jiangsu Eazytec Co., Ltd. announced that they will report first half, 2023 results on Aug 28, 2023 Reported Earnings • Apr 20
Full year 2022 earnings: EPS in line with expectations, revenues disappoint Full year 2022 results: EPS: CN¥0.59 (up from CN¥0.49 in FY 2021). Revenue: CN¥282.0m (up 19% from FY 2021). Net income: CN¥51.0m (up 21% from FY 2021). Profit margin: 18% (in line with FY 2021). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Mar 02
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: CN¥0.65 (up from CN¥0.49 in FY 2021). Revenue: CN¥275.7m (up 17% from FY 2021). Net income: CN¥56.4m (up 34% from FY 2021). Profit margin: 21% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
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 Jianzhong Xu was the last independent director to join the board, commencing their role in 2020. 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: EPS: CN¥0.20 (vs CN¥0.23 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.23 in 3Q 2021). Revenue: CN¥76.2m (up 7.5% from 3Q 2021). Net income: CN¥16.9m (down 16% from 3Q 2021). Profit margin: 22% (down from 28% in 3Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Anuncio • Sep 30
Yixing Lüzhou Antiques Trading Center Co., Ltd. and Yixing Gaoyi Venture Capital Partnership (Limited Partnership) agreed to acquire 11% stake in Jiangsu Eazytec Culture Development Co., Ltd. from Jiangsu Eazytec Co., Ltd. (SHSE:688258) for CNY8.25 million Yixing Lüzhou Antiques Trading Center Co., Ltd. and Yixing Gaoyi Venture Capital Partnership (Limited Partnership) agreed to acquire 11% stake in Jiangsu Eazytec Culture Development Co., Ltd. from Jiangsu Eazytec Co., Ltd. (SHSE:688258) for CNY8.25 million on September 29, 2022. This transaction has been considered and approved at the second meeting of the fourth board of directors of the Jiangsu Eazytec Co., Ltd. and does not need to be submitted to the general meeting of shareholders for deliberation. Reported Earnings • Aug 26
Second quarter 2022 earnings released: CN¥0.016 loss per share (vs CN¥0.13 profit in 2Q 2021) Second quarter 2022 results: CN¥0.016 loss per share (down from CN¥0.13 profit in 2Q 2021). Revenue: CN¥53.7m (up 3.4% from 2Q 2021). Net loss: CN¥1.38m (down 112% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 46%, compared to a 24% growth forecast for the IT industry in China. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥30.72, the stock trades at a trailing P/E ratio of 64.4x. Average trailing P/E is 40x in the IT industry in China. Total loss to shareholders of 37% over the past year. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.20 in 1Q 2021). Revenue: CN¥51.9m (up 16% from 1Q 2021). Net income: CN¥16.1m (down 6.9% from 1Q 2021). Profit margin: 31% (down from 39% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 35%. Earnings per share (EPS) also missed analyst estimates by 36%. Reported Earnings • Feb 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.50 (down from CN¥0.67 in FY 2020). Revenue: CN¥238.7m (up 20% from FY 2020). Net income: CN¥43.3m (down 25% from FY 2020). Profit margin: 18% (down from 29% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 35%. Earnings per share (EPS) also missed analyst estimates by 36%. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥37.84, the stock trades at a trailing P/E ratio of 51.5x. Average trailing P/E is 48x in the IT industry in China. Total loss to shareholders of 14% over the past year. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥33.41, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 49x in the IT industry in China. Total loss to shareholders of 30% over the past year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.21 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥70.9m (up 22% from 3Q 2020). Net income: CN¥20.2m (up 11% from 3Q 2020). Profit margin: 28% (down from 31% in 3Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.18 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥52.0m (up 11% from 2Q 2020). Net income: CN¥11.6m (down 28% from 2Q 2020). Profit margin: 22% (down from 34% in 2Q 2020). Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥53.00, the stock trades at a trailing P/E ratio of 70x. Average trailing P/E is 43x in the IT industry in China. Total loss to shareholders of 47% over the past year. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥50.11, the stock trades at a trailing P/E ratio of 66.2x. Average trailing P/E is 44x in the IT industry in China. Total loss to shareholders of 49% over the past year. Reported Earnings • Apr 24
Full year 2020 earnings released: EPS CN¥0.67 (vs CN¥0.63 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥198.4m (down 6.8% from FY 2019). Net income: CN¥58.1m (up 41% from FY 2019). Profit margin: 29% (up from 19% in FY 2019). The increase in margin was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue and earnings miss expectations Revenue missed analyst estimates by 36%. Earnings per share (EPS) also missed analyst estimates by 35%. Over the next year, revenue is forecast to grow 118%, compared to a 34% growth forecast for the IT industry in China. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.66 (vs CN¥0.63 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥197.8m (down 7.1% from FY 2019). Net income: CN¥57.3m (up 39% from FY 2019). Profit margin: 29% (up from 19% in FY 2019). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Mar 02
New 90-day low: CN¥40.23 The company is down 34% from its price of CN¥61.41 on 02 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 17% over the same period. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥41.89 The company is down 38% from its price of CN¥67.06 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 25% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥49.10 The company is down 35% from its price of CN¥75.73 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 28% over the same period. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥50.03, the stock is trading at a trailing P/E ratio of 61.8x, down from the previous P/E ratio of 74.4x. This compares to an average P/E of 59x in the IT industry in China. Total return to shareholders over the past year is a loss of 47%. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥54.71 The company is down 28% from its price of CN¥76.10 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 22% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥57.91 The company is down 26% from its price of CN¥78.00 on 11 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 IT industry, which is down 15% over the same period. Is New 90 Day High Low • Nov 24
New 90-day low: CN¥61.48 The company is down 33% from its price of CN¥91.19 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 14% over the same period. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥73.88 The company is down 22% from its price of CN¥95.11 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 IT industry, which is down 6.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day low: CN¥73.97 The company is down 27% from its price of CN¥102 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is flat over the same period. Anuncio • Jul 10
Jiangsu Eazytec Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Jiangsu Eazytec Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020