Anuncio • Jun 30
Doushen (Beijing) Education & Technology INC. to Report First Half, 2026 Results on Aug 28, 2026 Doushen (Beijing) Education & Technology INC. announced that they will report first half, 2026 results on Aug 28, 2026 Anuncio • May 25
Doushen (Beijing) Education & Technology INC., Annual General Meeting, Jun 29, 2026 Doushen (Beijing) Education & Technology INC., Annual General Meeting, Jun 29, 2026, at 15:00 China Standard Time. Location: 1F, Building 25, Yard No. 8, Dongbeiwang West Road, Haidian District, Beijing China Anuncio • Mar 31
Doushen (Beijing) Education & Technology INC. to Report Q1, 2026 Results on Apr 28, 2026 Doushen (Beijing) Education & Technology INC. announced that they will report Q1, 2026 results on Apr 28, 2026 Anuncio • Dec 31
Doushen (Beijing) Education & Technology INC. to Report Fiscal Year 2025 Results on Apr 28, 2026 Doushen (Beijing) Education & Technology INC. announced that they will report fiscal year 2025 results on Apr 28, 2026 Anuncio • Sep 30
Doushen (Beijing) Education & Technology INC. to Report Q3, 2025 Results on Oct 27, 2025 Doushen (Beijing) Education & Technology INC. announced that they will report Q3, 2025 results on Oct 27, 2025 Anuncio • Jul 02
Doushen (Beijing) Education & Technology INC. to Report First Half, 2025 Results on Aug 29, 2025 Doushen (Beijing) Education & Technology INC. announced that they will report first half, 2025 results on Aug 29, 2025 Anuncio • May 22
Doushen (Beijing) Education & Technology INC., Annual General Meeting, Jun 12, 2025 Doushen (Beijing) Education & Technology INC., Annual General Meeting, Jun 12, 2025, at 15:00 China Standard Time. Location: 1F, Building 25, Yard No. 8, Dongbeiwang West Road, Haidian District, Beijing China Anuncio • Mar 31
Doushen (Beijing) Education & Technology INC. to Report Q1, 2025 Results on Apr 29, 2025 Doushen (Beijing) Education & Technology INC. announced that they will report Q1, 2025 results on Apr 29, 2025 Anuncio • Dec 31
Doushen (Beijing) Education & Technology INC. to Report Fiscal Year 2024 Results on Apr 29, 2025 Doushen (Beijing) Education & Technology INC. announced that they will report fiscal year 2024 results on Apr 29, 2025 New Risk • Nov 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 26% 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 (16% average weekly change). High level of non-cash earnings (26% accrual ratio). Shareholders have been substantially diluted in the past year (138% increase in shares outstanding). Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.052 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.019 (up from CN¥0.052 loss in 3Q 2023). Revenue: CN¥227.0m (up 29% from 3Q 2023). Net income: CN¥41.8m (up CN¥87.2m from 3Q 2023). Profit margin: 18% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥5.64, the stock trades at a trailing P/E ratio of 74.6x. Average trailing P/E is 82x in the Software industry in China. Total returns to shareholders of 49% over the past three years. Anuncio • Sep 30
Doushen (Beijing) Education & Technology INC. to Report Q3, 2024 Results on Oct 25, 2024 Doushen (Beijing) Education & Technology INC. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥3.55, the stock trades at a trailing P/E ratio of 47x. Average trailing P/E is 63x in the Software industry in China. Total loss to shareholders of 3.3% over the past three years. Buy Or Sell Opportunity • Sep 19
Now 21% overvalued Over the last 90 days, the stock has fallen 4.6% to CN¥2.67. The fair value is estimated to be CN¥2.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Aug 30
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to CN¥2.70. The fair value is estimated to be CN¥2.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.025 (vs CN¥0.002 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.025 (up from CN¥0.002 loss in 2Q 2023). Revenue: CN¥139.2m (down 55% from 2Q 2023). Net income: CN¥46.9m (up CN¥48.8m from 2Q 2023). Profit margin: 34% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥2.90, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 59x in the Software industry in China. Total loss to shareholders of 29% over the past three years. Anuncio • Jun 29
Doushen (Beijing) Education & Technology INC. to Report First Half, 2024 Results on Aug 28, 2024 Doushen (Beijing) Education & Technology INC. announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • Jun 21
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 8.3% 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 Shareholders have been substantially diluted in the past year (138% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.012 (vs CN¥0.062 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.012 (up from CN¥0.062 loss in 1Q 2023). Revenue: CN¥190.9m (up 22% from 1Q 2023). Net income: CN¥22.2m (up CN¥75.8m from 1Q 2023). Profit margin: 12% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Anuncio • Apr 26
Doushen (Beijing) Education & Technology INC., Annual General Meeting, May 23, 2024 Doushen (Beijing) Education & Technology INC., Annual General Meeting, May 23, 2024, at 15:00 China Standard Time. Location: 1F, Building 25, Yard No. 8, Dongbeiwang West Road, Haidian District, Beijing China Anuncio • Mar 30
Doushen (Beijing) Education & Technology INC. to Report Q1, 2024 Results on Apr 25, 2024 Doushen (Beijing) Education & Technology INC. announced that they will report Q1, 2024 results on Apr 25, 2024 Anuncio • Dec 29
Doushen (Beijing) Education & Technology INC. to Report Fiscal Year 2023 Results on Apr 25, 2024 Doushen (Beijing) Education & Technology INC. announced that they will report fiscal year 2023 results on Apr 25, 2024 New Risk • Dec 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 138% 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 Share price has been highly volatile over the past 3 months (7.9% average weekly change). Negative equity (-CN¥814m). Shareholders have been substantially diluted in the past year (138% increase in shares outstanding). New Risk • Nov 10
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 6.5% 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 Negative equity (-CN¥814m). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Reported Earnings • Oct 24
Third quarter 2023 earnings released: CN¥0.052 loss per share (vs CN¥0.13 loss in 3Q 2022) Third quarter 2023 results: CN¥0.052 loss per share (improved from CN¥0.13 loss in 3Q 2022). Revenue: CN¥176.1m (down 11% from 3Q 2022). Net loss: CN¥45.4m (loss narrowed 60% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.002 loss per share (vs CN¥0.043 loss in 2Q 2022) Second quarter 2023 results: CN¥0.002 loss per share (improved from CN¥0.043 loss in 2Q 2022). Revenue: CN¥307.2m (up 26% from 2Q 2022). Net loss: CN¥1.93m (loss narrowed 95% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Anuncio • Jul 12
Doushen (Beijing) Education & Technology INC. announced that it expects to receive CNY 145 million in funding from Zhewen Interactive Group Co., Ltd. Doushen (Beijing) Education & Technology INC. announced a private placement for the gross proceeds of CNY 145,000,000 on July 10, 2023. The transaction will include participation from new investor Zhewen Interactive Group Co., Ltd.. Reported Earnings • Apr 29
Third quarter 2022 earnings released: CN¥0.13 loss per share (vs CN¥0.02 profit in 3Q 2021) Third quarter 2022 results: CN¥0.13 loss per share (down from CN¥0.02 profit in 3Q 2021). Revenue: CN¥198.0m (flat on 3Q 2021). Net loss: CN¥113.3m (down CN¥130.9m from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Vice Chairman Hui Wang 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 27
Third quarter 2022 earnings released: CN¥0.13 loss per share (vs CN¥0.02 profit in 3Q 2021) Third quarter 2022 results: CN¥0.13 loss per share (down from CN¥0.02 profit in 3Q 2021). Revenue: CN¥198.0m (flat on 3Q 2021). Net loss: CN¥113.3m (down CN¥130.9m from profit in 3Q 2021). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: CN¥0.043 loss per share (vs CN¥0.20 loss in 2Q 2021) Second quarter 2022 results: CN¥0.043 loss per share (up from CN¥0.20 loss in 2Q 2021). Revenue: CN¥244.3m (up 4.2% from 2Q 2021). Net loss: CN¥37.7m (loss narrowed 78% from 2Q 2021). Over the next year, revenue is expected to shrink by 3.6% compared to a 24% 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 29% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 28
First quarter 2022 earnings released: CN¥0.049 loss per share (vs CN¥0.051 loss in 1Q 2021) First quarter 2022 results: CN¥0.049 loss per share (up from CN¥0.051 loss in 1Q 2021). Revenue: CN¥167.8m (down 30% from 1Q 2021). Net loss: CN¥42.8m (loss narrowed 4.0% from 1Q 2021). Over the next year, revenue is forecast to grow 5.3%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Non-Employee Supervisor Fuxing Yang 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. Board Change • Nov 02
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Non-Employee Supervisor Fuxing Yang 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 28
Third quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.001 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥197.0m (down 67% from 3Q 2020). Net income: CN¥17.6m (up CN¥16.4m from 3Q 2020). Profit margin: 8.9% (up from 0.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% 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 • Aug 29
Second quarter 2021 earnings released: CN¥0.20 loss per share (vs CN¥0.052 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥234.4m (down 60% from 2Q 2020). Net loss: CN¥168.1m (down 470% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% 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 • Apr 30
First quarter 2021 earnings released: CN¥0.051 loss per share (vs CN¥0.16 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥239.1m (up 81% from 1Q 2020). Net loss: CN¥44.6m (loss narrowed 68% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 06
New 90-day low: CN¥7.68 The company is down 44% from its price of CN¥13.63 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.02 per share. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥8.72 The company is down 56% from its price of CN¥19.65 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 IT industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.03 per share. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥9.96 The company is down 44% from its price of CN¥17.73 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 IT industry, which is down 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.87 per share. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥11.92 The company is down 40% from its price of CN¥19.90 on 10 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 IT industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.79 per share. Is New 90 Day High Low • Nov 17
New 90-day low: CN¥13.22 The company is down 31% from its price of CN¥19.13 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.81 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥122.4m, with losses narrowing by 91% from the prior year. Total revenue was CN¥1.96b over the last 12 months, down 10.0% from the prior year. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥17.63 The company is down 19% from its price of CN¥21.71 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.11 per share. Is New 90 Day High Low • Sep 25
New 90-day low: CN¥17.73 The company is down 3.0% from its price of CN¥18.21 on 24 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 IT industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.13 per share.