Reported Earnings • Apr 28
Full year 2025 earnings released: CN¥0.24 loss per share (vs CN¥0.63 loss in FY 2024) Full year 2025 results: CN¥0.24 loss per share (improved from CN¥0.63 loss in FY 2024). Revenue: CN¥1.62b (flat on FY 2024). Net loss: CN¥195.1m (loss narrowed 62% from FY 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Annonce • Apr 28
Beijing Thunisoft Co., Ltd., Annual General Meeting, May 18, 2026 Beijing Thunisoft Co., Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: 25F, Tower C, Technology Building, TusPark, Beijing China Annonce • Mar 31
Beijing Thunisoft Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Beijing Thunisoft Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Jan 13
New major risk - Revenue and earnings growth Earnings have declined by 46% 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. This is currently the only risk that has been identified for the company. Annonce • Dec 31
Beijing Thunisoft Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Beijing Thunisoft Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.071 loss per share (vs CN¥0.12 loss in 3Q 2024) Third quarter 2025 results: CN¥0.071 loss per share (improved from CN¥0.12 loss in 3Q 2024). Revenue: CN¥256.2m (down 7.2% from 3Q 2024). Net loss: CN¥55.1m (loss narrowed 45% from 3Q 2024). Revenue is forecast to grow 8.9% 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 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annonce • Oct 01
Beijing Thunisoft Co., Ltd. Approves Board Appointments Beijing Thunisoft Co., Ltd. at its 2nd Extraordinary General Meeting of 2025 on 29 September 2025 company approved Sun Mingdong, non-independent director, Cheng Liang, non-independent director and Liu Yi, non-independent director. Annonce • Sep 30
Beijing Thunisoft Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Beijing Thunisoft Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 2 highly experienced directors. Independent Director Wei Luo was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 27
Second quarter 2025 earnings released: CN¥0.042 loss per share (vs CN¥0.091 loss in 2Q 2024) Second quarter 2025 results: CN¥0.042 loss per share (improved from CN¥0.091 loss in 2Q 2024). Revenue: CN¥382.0m (down 9.7% from 2Q 2024). Net loss: CN¥37.3m (loss narrowed 51% from 2Q 2024). Revenue is forecast to grow 11% 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 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annonce • Jul 02
Beijing Thunisoft Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Beijing Thunisoft Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 New Risk • Jun 30
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥473m Forecast net loss in 2 years: CN¥104m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥104m net loss in 2 years). Share price has been volatile over the past 3 months (8.7% average weekly change). New Risk • Jun 19
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 8.2% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 23
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥0.63 loss per share (improved from CN¥1.61 loss in FY 2023). Revenue: CN¥1.63b (down 8.0% from FY 2023). Net loss: CN¥514.6m (loss narrowed 61% from FY 2023). Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Annonce • Apr 20
Beijing Thunisoft Co., Ltd., Annual General Meeting, May 09, 2025 Beijing Thunisoft Co., Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: 25F, Tower C, Technology Building, TusPark, Haidian District, Beijing 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 11% 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. Annonce • Mar 31
Beijing Thunisoft Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Beijing Thunisoft Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Annonce • Dec 31
Beijing Thunisoft Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Beijing Thunisoft Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: CN¥276.2m (down 9.9% from 3Q 2023). Net loss: CN¥100.8m (loss narrowed 10% from 3Q 2023). 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, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. 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 7.7% 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 Earnings have declined by 70% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Annonce • Sep 30
Beijing Thunisoft Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Beijing Thunisoft Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 New Risk • Sep 10
New major risk - Revenue and earnings growth Earnings have declined by 70% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 23
Second quarter 2024 earnings released: CN¥0.091 loss per share (vs CN¥0.09 loss in 2Q 2023) Second quarter 2024 results: CN¥0.091 loss per share (further deteriorated from CN¥0.09 loss in 2Q 2023). Revenue: CN¥423.0m (down 1.4% from 2Q 2023). Net loss: CN¥75.6m (loss widened 2.8% from 2Q 2023). 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, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Annonce • Jun 29
Beijing Thunisoft Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Beijing Thunisoft Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Price Target Changed • Jun 13
Price target decreased by 23% to CN¥3.60 Down from CN¥4.66, the current price target is provided by 1 analyst. New target price is 29% below last closing price of CN¥5.07. Stock is down 59% over the past year. The company is forecast to post a net loss per share of CN¥0.36 next year compared to a net loss per share of CN¥1.61 last year. Annonce • Apr 28
Beijing Thunisoft Co., Ltd., Annual General Meeting, May 16, 2024 Beijing Thunisoft Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: 25F, Tower C, Tuspark, Haidian District, Beijing China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 annual report and its summary; to consider 2023 profit distribution plan; to consider 2024 remuneration for directors; to consider 2024 remuneration for chairman of the supervisory committee and supervisors; to consider Change of the Company's registered capital and amendments to the Company's articles of association; to consider Amendments to the Company's relevant systems; and to consider Change of directors. Reported Earnings • Apr 26
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: CN¥0.11 loss per share (further deteriorated from CN¥0.10 loss in 1Q 2023). Revenue: CN¥242.9m (up 19% from 1Q 2023). Net loss: CN¥87.0m (loss widened 8.6% from 1Q 2023). Revenue missed analyst estimates by 16%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 28% 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 76 percentage points per year, which is a significant difference in performance. Annonce • Mar 30
Beijing Thunisoft Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Beijing Thunisoft Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Mar 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 11% 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. Price Target Changed • Feb 22
Price target decreased by 8.7% to CN¥4.66 Down from CN¥5.10, the current price target is an average from 2 analysts. New target price is 24% below last closing price of CN¥6.15. Stock is down 38% over the past year. The company is forecast to post a net loss per share of CN¥1.56 next year compared to a net loss per share of CN¥1.21 last year. New Risk • Feb 05
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 6.7% 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. Price Target Changed • Feb 05
Price target decreased by 10% to CN¥4.66 Down from CN¥5.20, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥4.52. Stock is down 47% over the past year. The company is forecast to post a net loss per share of CN¥1.56 next year compared to a net loss per share of CN¥1.21 last year. Price Target Changed • Jan 12
Price target increased by 17% to CN¥5.20 Up from CN¥4.46, the current price target is an average from 2 analysts. New target price is 27% below last closing price of CN¥7.13. Stock is up 0.3% over the past year. The company is forecast to post a net loss per share of CN¥0.22 next year compared to a net loss per share of CN¥1.21 last year. Annonce • Dec 30
Beijing Thunisoft Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Beijing Thunisoft Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: CN¥0.14 loss per share (further deteriorated from CN¥0.036 loss in 3Q 2022). Revenue: CN¥306.5m (down 32% from 3Q 2022). Net loss: CN¥112.6m (loss widened 319% from 3Q 2022). Revenue missed analyst estimates by 43%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 32% 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 84 percentage points per year, which is a significant difference in performance. Price Target Changed • Aug 17
Price target decreased by 31% to CN¥4.96 Down from CN¥7.21, the current price target is an average from 2 analysts. New target price is 46% below last closing price of CN¥9.17. Stock is up 29% over the past year. The company is forecast to post a net loss per share of CN¥0.27 next year compared to a net loss per share of CN¥1.21 last year. Reported Earnings • Aug 16
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: CN¥0.09 loss per share (further deteriorated from CN¥0.081 loss in 2Q 2022). Revenue: CN¥428.9m (down 24% from 2Q 2022). Net loss: CN¥73.6m (loss widened 2.7% from 2Q 2022). Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 29% 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 79 percentage points per year, which is a significant difference in performance. Annonce • Jul 01
Beijing Thunisoft Co., Ltd. to Report First Half, 2023 Results on Aug 16, 2023 Beijing Thunisoft Co., Ltd. announced that they will report first half, 2023 results on Aug 16, 2023 Price Target Changed • May 16
Price target increased by 9.0% to CN¥7.29 Up from CN¥6.69, the current price target is an average from 2 analysts. New target price is 17% below last closing price of CN¥8.79. Stock is up 29% over the past year. The company is forecast to post earnings per share of CN¥0.25 next year compared to a net loss per share of CN¥1.21 last year. Reported Earnings • Apr 29
First quarter 2023 earnings: EPS and revenues miss analyst expectations First quarter 2023 results: CN¥0.10 loss per share (further deteriorated from CN¥0.09 loss in 1Q 2022). Revenue: CN¥204.2m (down 29% from 1Q 2022). Net loss: CN¥80.1m (loss widened 14% from 1Q 2022). Revenue missed analyst estimates by 47%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 36% 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 70 percentage points per year, which is a significant difference in performance. Buying Opportunity • Apr 21
Now 24% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be CN¥12.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Mar 28
Now 20% undervalued Over the last 90 days, the stock is up 53%. The fair value is estimated to be CN¥12.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Mar 13
Price target increased by 7.5% to CN¥6.69 Up from CN¥6.23, the current price target is an average from 2 analysts. New target price is 31% below last closing price of CN¥9.65. Stock is down 4.3% over the past year. The company is forecast to post earnings per share of CN¥0.50 next year compared to a net loss per share of CN¥1.18 last year. Reported Earnings • Mar 01
Full year 2022 earnings released: CN¥1.18 loss per share (vs CN¥0.36 profit in FY 2021) Full year 2022 results: CN¥1.18 loss per share (down from CN¥0.36 profit in FY 2021). Revenue: CN¥2.22b (down 61% from FY 2021). Net loss: CN¥958.1m (down 425% from profit in FY 2021). Revenue is forecast to grow 38% p.a. on average during the next 2 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 50 percentage points per year, which is a significant difference in performance. Buying Opportunity • Feb 06
Now 21% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be CN¥10.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Nov 16
Price target decreased to CN¥6.26 Down from CN¥7.40, the current price target is an average from 2 analysts. New target price is 13% below last closing price of CN¥7.21. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.36 last year. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.036 loss per share (vs CN¥0.031 profit in 3Q 2021) Third quarter 2022 results: CN¥0.036 loss per share (down from CN¥0.031 profit in 3Q 2021). Revenue: CN¥447.2m (down 58% from 3Q 2021). Net loss: CN¥26.9m (down 204% from profit in 3Q 2021). Revenue is forecast to grow 16% 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, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Price Target Changed • Oct 21
Price target decreased to CN¥6.26 Down from CN¥7.40, the current price target is an average from 2 analysts. New target price is 9.9% below last closing price of CN¥6.94. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.36 last year. Buying Opportunity • Sep 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be CN¥7.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.081 loss per share (vs CN¥0.22 profit in 2Q 2021) Second quarter 2022 results: CN¥0.081 loss per share (down from CN¥0.22 profit in 2Q 2021). Revenue: CN¥564.1m (down 67% from 2Q 2021). Net loss: CN¥71.7m (down 142% from profit in 2Q 2021). Over the next year, revenue is expected to shrink by 4.7% compared to a 33% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year whereas the company’s share price has fallen by 32% per year. Annonce • Aug 17
Beijing Thunisoft Co., Ltd. Announces Board Appointments Beijing Thunisoft Co., Ltd. at its 3rd Extraordinary General Meeting held on 15 August 2022, approved the appointment of Guo Xiuhua, Luo Wei and Xie Xuanli as independent directors. Annonce • May 13
Beijing Thunisoft Co., Ltd. Elects Guo Ying as Non-Independent Director Beijing Thunisoft Co., Ltd. announced that at its Extraordinary General Meeting held on 11 May 2022, approved the election of Guo Ying as a non-independent director. Price Target Changed • Apr 30
Price target decreased to CN¥9.87 Down from CN¥11.50, the current price target is an average from 3 analysts. New target price is 44% above last closing price of CN¥6.85. Stock is down 62% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.36 last year. Board Change • Apr 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Jun Chen was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 16
Beijing Thunisoft Co., Ltd., Annual General Meeting, May 05, 2022 Beijing Thunisoft Co., Ltd., Annual General Meeting, May 05, 2022, at 14:30 China Standard Time. Agenda: To consider 2022 remuneration for directors (excluding independent directors); to consider 2022 remuneration for supervisors; to consider reappointment of audit firm; to consider repurchase and cancellation of type I restricted stocks under 2021 restricted stock incentive plan; to consider amendments to the articles of associations of the Company; to consider amendments to relevant systems of the Company; to consider amendments to the rules of procedure governing the meetings of the supervisory committee; to consider 2021 annual accounts; to consider 2021 annual report and its summary; and to consider other matters. Reported Earnings • Apr 16
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.36 (vs CN¥0.36 in FY 2020). Revenue: CN¥5.75b (up 71% from FY 2020). Net income: CN¥294.6m (flat on FY 2020). Profit margin: 5.1% (down from 8.7% in FY 2020). Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 33%. Over the next year, revenue is expected to shrink by 29% compared to a 30% growth forecast for the 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. Annonce • Apr 13
Beijing Thunisoft Co., Ltd. Announces Executive Changes Beijing Thunisoft Co., Ltd. held its 1st Extraordinary General Meeting of 2022 on 11 April 2022 approved the appointment of Chen Jun, Liu Gang as non-independent directors and Zhang Yan and Ma Jingzhao as non-employee supervisors. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.37 (up from CN¥0.36 in FY 2020). Revenue: CN¥5.75b (up 71% from FY 2020). Net income: CN¥304.9m (up 4.0% from FY 2020). Profit margin: 5.3% (down from 8.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 17% compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 15% per year. Price Target Changed • Feb 03
Price target decreased to CN¥10.85 Down from CN¥14.58, the current price target is an average from 5 analysts. New target price is 5.5% below last closing price of CN¥11.48. Stock is down 35% over the past year. The company is forecast to post earnings per share of CN¥0.54 for next year compared to CN¥0.36 last year. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥11.18, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 26% over the past three years. Price Target Changed • Dec 04
Price target decreased to CN¥14.58 Down from CN¥16.78, the current price target is an average from 5 analysts. New target price is 5.7% above last closing price of CN¥13.80. Stock is down 48% over the past year. The company is forecast to post earnings per share of CN¥0.39 for next year compared to CN¥0.36 last year. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥13.80, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 11% over the past three years. Price Target Changed • Oct 26
Price target increased to CN¥19.75 Up from CN¥17.52, the current price target is an average from 6 analysts. New target price is 85% above last closing price of CN¥10.69. Stock is down 54% over the past year. The company is forecast to post earnings per share of CN¥0.57 for next year compared to CN¥0.36 last year. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.031 (vs CN¥0.03 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¥1.07b (up 55% from 3Q 2020). Net income: CN¥25.8m (up 15% from 3Q 2020). Profit margin: 2.4% (down from 3.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment deteriorated over the past week After last week's 39% share price decline to CN¥10.98, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 20% over the past three years. Price Target Changed • Sep 01
Price target decreased to CN¥21.02 Down from CN¥25.77, the current price target is an average from 7 analysts. New target price is 73% above last closing price of CN¥12.16. Stock is down 54% over the past year. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.05 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.70b (up 189% from 2Q 2020). Net income: CN¥171.5m (up 311% from 2Q 2020). Profit margin: 10% (up from 7.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Price Target Changed • Jul 28
Price target decreased to CN¥25.77 Down from CN¥28.65, the current price target is an average from 7 analysts. New target price is 46% above last closing price of CN¥17.61. Stock is down 33% over the past year. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥20.67, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 32x in the Software industry in China. Total returns to shareholders of 17% over the past three years. Annonce • May 28
Beijing Thunisoft Co., Ltd. Implements A Shares Final Cash Distribution for 2020, Payable on June 2, 2021 Beijing Thunisoft Co., Ltd. implemented A shares final cash distribution of CNY 0.35443200 per 10 shares for 2020. Record date: June 1, 2021. Ex-date: June 2, 2021. Payment date: June 2, 2021. Annonce • May 14
Beijing Thunisoft Co., Ltd Approves Cash Dividend Beijing Thunisoft Co., Ltd. announced at its annual general meeting held on 11 May 2021, approved the Cash dividend/10 shares (tax included): CNY 0.36000000. Reported Earnings • Apr 21
First quarter 2021 earnings released: EPS CN¥0.05 (vs CN¥0.03 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥453.9m (up 81% from 1Q 2020). Net income: CN¥43.5m (up CN¥68.5m from 1Q 2020). Profit margin: 9.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% 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. Price Target Changed • Feb 18
Price target lowered to CN¥29.15 Down from CN¥32.91, the current price target is an average from 6 analysts. The new target price is 59% above the current share price of CN¥18.33. As of last close, the stock is down 43% over the past year. Major Estimate Revision • Feb 13
Analysts lower EPS estimates to CN¥0.66 The 2020 consensus revenue estimate was lowered from CN¥4.30b to CN¥4.08b. Earning per share (EPS) estimate was also lowered from CN¥0.77 to CN¥0.66 for the same period. Net income is expected to grow by 137% next year compared to 61% growth forecast for the Software industry in China. The consensus price target was lowered from CN¥33.61 to CN¥32.95. Share price stayed mostly flat at CN¥17.44 over the past week. Annonce • Feb 06
Beijing Thunisoft Co., Ltd. Approves Board Appointments Beijing Thunisoft Co., Ltd. at its 1st Extraordinary General Meeting of 2021 held on 04 February 2021, approved the election of Yang Lin and Ren Gang as Non-Independent Directors of the company. Is New 90 Day High Low • Jan 19
New 90-day low: CN¥22.28 The company is down 4.0% from its price of CN¥23.26 on 21 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥11.44 per share. Price Target Changed • Dec 05
Price target raised to CN¥32.49 Up from CN¥30.20, the current price target is an average from 7 analysts. The new target price is 22% above the current share price of CN¥26.58. As of last close, the stock is up 7.7% over the past year. Reported Earnings • Oct 26
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥284.6m, down 46% from the prior year. Total revenue was CN¥2.84b over the last 12 months, down 14% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 26
Third-quarter earnings released: Revenue and earnings miss expectations Third-quarter revenue missed analyst estimates by 37% at CN¥690.5m. Earnings per share (EPS) also missed analyst estimates by 88% at CN¥0.03. Revenue is forecast to grow 77% over the next year, compared to a 41% growth forecast for the Software industry in China. Is New 90 Day High Low • Oct 19
New 90-day low: CN¥23.11 The company is down 13% from its price of CN¥26.59 on 21 July 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.76 per share. Is New 90 Day High Low • Sep 22
New 90-day low: CN¥23.98 The company is down 14% from its price of CN¥27.97 on 24 June 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 flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.97 per share. Annonce • Aug 13
Beijing Thunisoft Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Beijing Thunisoft Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 
