New Risk • Jun 01
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 10% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.01 (vs CN¥0.03 loss in 1Q 2025) First quarter 2026 results: EPS: CN¥0.01 (up from CN¥0.03 loss in 1Q 2025). Revenue: CN¥141.8m (up 23% from 1Q 2025). Net income: CN¥6.02m (up CN¥19.0m from 1Q 2025). Profit margin: 4.2% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annonce • Apr 25
Hangzhou Raycloud Technology Co.,Ltd, Annual General Meeting, May 15, 2026 Hangzhou Raycloud Technology Co.,Ltd, Annual General Meeting, May 15, 2026, at 15:00 China Standard Time. Location: 10F, No. 599, Jianta Road, Binjiang District, Hangzhou, Zhejiang China New Risk • Apr 07
New major risk - Revenue and earnings growth Earnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 14% per year over the past 5 years. Annonce • Mar 30
Hangzhou Raycloud Technology Co.,Ltd to Report Q1, 2026 Results on Apr 25, 2026 Hangzhou Raycloud Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 25, 2026 Reported Earnings • Feb 18
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: CN¥0.06 loss per share (improved from CN¥0.19 loss in FY 2024). Revenue: CN¥565.4m (up 18% from FY 2024). Net loss: CN¥26.4m (loss narrowed 68% from FY 2024). Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Annonce • Dec 26
Hangzhou Raycloud Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 25, 2026 Hangzhou Raycloud Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: CN¥0.009 loss per share (vs CN¥0.05 loss in 3Q 2024) Third quarter 2025 results: CN¥0.009 loss per share (improved from CN¥0.05 loss in 3Q 2024). Revenue: CN¥142.6m (up 21% from 3Q 2024). Net loss: CN¥2.92m (loss narrowed 86% from 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annonce • Sep 30
Hangzhou Raycloud Technology Co.,Ltd to Report Q3, 2025 Results on Oct 25, 2025 Hangzhou Raycloud Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 25
Second quarter 2025 earnings released: EPS: CN¥0.002 (vs CN¥0.053 loss in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.002 (up from CN¥0.053 loss in 2Q 2024). Revenue: CN¥147.5m (up 20% from 2Q 2024). Net income: CN¥837.5k (up CN¥20.5m from 2Q 2024). Profit margin: 0.6% (up from net loss in 2Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Annonce • Jun 30
Hangzhou Raycloud Technology Co.,Ltd to Report First Half, 2025 Results on Aug 23, 2025 Hangzhou Raycloud Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 23, 2025 Reported Earnings • Apr 28
First quarter 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.03 loss in 1Q 2024) First quarter 2025 results: CN¥0.03 loss per share (in line with 1Q 2024). Revenue: CN¥114.9m (up 2.8% from 1Q 2024). Net loss: CN¥13.0m (loss narrowed 12% from 1Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. New Risk • Apr 27
New major risk - Revenue and earnings growth Earnings have declined by 44% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 44% per year over the past 5 years. Annonce • Apr 26
Hangzhou Raycloud Technology Co.,Ltd, Annual General Meeting, May 16, 2025 Hangzhou Raycloud Technology Co.,Ltd, Annual General Meeting, May 16, 2025, at 15:00 China Standard Time. Location: 10F, No. 599, Jianta Road, Binjiang District, Hangzhou, Zhejiang China Annonce • Mar 28
Hangzhou Raycloud Technology Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025 Hangzhou Raycloud Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 Annonce • Dec 27
Hangzhou Raycloud Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 26, 2025 Hangzhou Raycloud Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 26, 2025 New Risk • Dec 11
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 13% 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 (13% average weekly change). Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 26
Third quarter 2024 earnings released: CN¥0.05 loss per share (vs CN¥0.11 loss in 3Q 2023) Third quarter 2024 results: CN¥0.05 loss per share (improved from CN¥0.11 loss in 3Q 2023). Revenue: CN¥117.9m (flat on 3Q 2023). Net loss: CN¥21.3m (loss narrowed 55% from 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software 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 12% per year, which means it is significantly lagging earnings. New Risk • Sep 30
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 7.9% 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. This is currently the only risk that has been identified for the company. Annonce • Sep 30
Hangzhou Raycloud Technology Co.,Ltd to Report Q3, 2024 Results on Oct 26, 2024 Hangzhou Raycloud Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 24
Second quarter 2024 earnings released: CN¥0.053 loss per share (vs CN¥0.072 loss in 2Q 2023) Second quarter 2024 results: CN¥0.053 loss per share (improved from CN¥0.072 loss in 2Q 2023). Revenue: CN¥123.0m (flat on 2Q 2023). Net loss: CN¥19.7m (loss narrowed 28% from 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Annonce • Jun 29
Hangzhou Raycloud Technology Co.,Ltd to Report First Half, 2024 Results on Aug 24, 2024 Hangzhou Raycloud Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 24, 2024 Reported Earnings • Apr 27
First quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.04 loss in 1Q 2023) First quarter 2024 results: CN¥0.03 loss per share (improved from CN¥0.04 loss in 1Q 2023). Revenue: CN¥111.8m (up 1.6% from 1Q 2023). Net loss: CN¥14.8m (loss narrowed 14% from 1Q 2023). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Annonce • Apr 27
Hangzhou Raycloud Technology Co.,Ltd, Annual General Meeting, May 16, 2024 Hangzhou Raycloud Technology Co.,Ltd, Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: 10F, No. 599, Jianta Road, Binjiang District, Hangzhou, Zhejiang China Annonce • Mar 29
Hangzhou Raycloud Technology Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024 Hangzhou Raycloud Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Reported Earnings • Feb 20
Full year 2023 earnings: Revenues miss analyst expectations Full year 2023 results: Revenue: CN¥477.1m (down 4.2% from FY 2022). Net loss: CN¥18.3m (loss narrowed 89% from FY 2022). Revenue missed analyst estimates by 14%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.11 loss per share (vs CN¥0.09 loss in 3Q 2022) Third quarter 2023 results: CN¥0.11 loss per share (further deteriorated from CN¥0.09 loss in 3Q 2022). Revenue: CN¥118.3m (flat on 3Q 2022). Net loss: CN¥47.3m (loss widened 39% from 3Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 26
Second quarter 2023 earnings released: CN¥0.072 loss per share (vs CN¥0.11 loss in 2Q 2022) Second quarter 2023 results: CN¥0.072 loss per share (improved from CN¥0.11 loss in 2Q 2022). Revenue: CN¥123.4m (down 3.0% from 2Q 2022). Net loss: CN¥27.4m (loss narrowed 42% from 2Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.04 loss per share (vs CN¥0.08 loss in 1Q 2022) First quarter 2023 results: CN¥0.04 loss per share (improved from CN¥0.08 loss in 1Q 2022). Revenue: CN¥110.0m (down 11% from 1Q 2022). Net loss: CN¥17.2m (loss narrowed 44% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 02
Full year 2022 earnings released: CN¥0.42 loss per share (vs CN¥0.15 loss in FY 2021) Full year 2022 results: CN¥0.42 loss per share (further deteriorated from CN¥0.15 loss in FY 2021). Revenue: CN¥498.2m (down 8.6% from FY 2021). Net loss: CN¥167.9m (loss widened 182% from FY 2021). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.09 loss per share (vs CN¥0.02 loss in 3Q 2021) Third quarter 2022 results: CN¥0.09 loss per share (further deteriorated from CN¥0.02 loss in 3Q 2021). Revenue: CN¥119.2m (down 8.6% from 3Q 2021). Net loss: CN¥34.1m (loss widened 369% from 3Q 2021). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China. Reported Earnings • Sep 02
Second quarter 2022 earnings released: CN¥0.11 loss per share (vs CN¥0.037 loss in 2Q 2021) Second quarter 2022 results: CN¥0.11 loss per share (down from CN¥0.037 loss in 2Q 2021). Revenue: CN¥127.2m (down 8.5% from 2Q 2021). Net loss: CN¥46.9m (loss widened 181% from 2Q 2021). Over the next year, revenue is forecast to grow 22%, compared to a 34% growth forecast for the Software industry in China. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.08 loss per share (down from CN¥0.02 loss in 1Q 2021). Revenue: CN¥123.6m (down 2.7% from 1Q 2021). Net loss: CN¥30.7m (loss widened 388% from 1Q 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) were also behind analyst expectations. 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. 6 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 08
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CN¥0.15 loss per share (down from CN¥0.24 profit in FY 2020). Revenue: CN¥545.3m (up 6.9% from FY 2020). Net loss: CN¥59.5m (down 164% from profit in FY 2020). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) were also behind analyst expectations. Annonce • Mar 06
Hangzhou Raycloud Technology Co., Ltd. (SHSE:688365) announces an Equity Buyback for CNY 40 million worth of its shares. Hangzhou Raycloud Technology Co., Ltd. (SHSE:688365) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 40 million worth of its shares. The shares will be repurchased at a price of not more than CNY 20 per share. The repurchased shares will be used for ESOP or equity incentives. The plan will be valid for 12 months. Reported Earnings • Feb 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CN¥0.15 loss per share (down from CN¥0.24 profit in FY 2020). Revenue: CN¥545.7m (up 7.0% from FY 2020). Net loss: CN¥58.5m (down 162% from profit in FY 2020). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) were also behind analyst expectations. Reported Earnings • Oct 28
Third quarter 2021 earnings released: CN¥0.02 loss per share (vs CN¥0.06 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings and control over costs, although revenues were flat. Third quarter 2021 results: Revenue: CN¥130.4m (flat on 3Q 2020). Net loss: CN¥7.28m (down 132% from profit in 3Q 2020). Reported Earnings • Aug 25
Second quarter 2021 earnings released: CN¥0.037 loss per share (vs CN¥0.05 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥139.0m (up 6.1% from 2Q 2020). Net loss: CN¥16.7m (down 187% from profit in 2Q 2020). Reported Earnings • May 01
First quarter 2021 earnings released: CN¥0.02 loss per share (vs CN¥0.05 profit in 1Q 2020) The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CN¥127.0m (up 23% from 1Q 2020). Net loss: CN¥6.30m (down 137% from profit in 1Q 2020). Reported Earnings • Apr 10
Full year 2020 earnings released: EPS CN¥0.24 (vs CN¥0.27 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥510.0m (up 9.6% from FY 2019). Net income: CN¥93.7m (down 2.8% from FY 2019). Profit margin: 18% (down from 21% in FY 2019). The decrease in margin was driven by higher expenses. Annonce • Mar 05
Hangzhou Raycloud Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021 Hangzhou Raycloud Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021 Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.24 (vs CN¥0.27 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥510.0m (up 9.6% from FY 2019). Net income: CN¥94.3m (down 2.1% from FY 2019). Profit margin: 19% (down from 21% in FY 2019). The decrease in margin was driven by higher expenses. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue and earnings miss expectations Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 19%, compared to a 41% growth forecast for the Software industry in China. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥22.01 The company is down 42% from its price of CN¥38.26 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.10 per share. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥24.50 The company is down 39% from its price of CN¥39.99 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software 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¥6.42 per share. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥31.17 The company is down 19% from its price of CN¥38.67 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 Software industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.46 per share. Is New 90 Day High Low • Nov 14
New 90-day low: CN¥34.65 The company is down 28% from its price of CN¥48.11 on 14 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 10.0% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥35.46 The company is down 27% from its price of CN¥48.71 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 Software industry, which is down 10.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥92.8m, down 5.7% from the prior year. Total revenue was CN¥493.1m over the last 12 months, up 6.7% from the prior year. Annonce • Oct 19
Hangzhou Raycloud Technology Co., Ltd. to Report Q3, 2020 Results on Oct 23, 2020 Hangzhou Raycloud Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 23, 2020 Annonce • Jul 09
Hangzhou Raycloud Technology Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020 Hangzhou Raycloud Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020