New Risk • May 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 9.3% 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 Earnings have declined by 1.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Annonce • Apr 29
Hydsoft Technology Co.,Ltd., Annual General Meeting, May 20, 2026 Hydsoft Technology Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.16 in FY 2024) Full year 2025 results: EPS: CN¥0.24 (up from CN¥0.16 in FY 2024). Revenue: CN¥2.25b (up 29% from FY 2024). Net income: CN¥97.8m (up 49% from FY 2024). Profit margin: 4.4% (up from 3.8% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Annonce • Mar 31
Hydsoft Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Hydsoft Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Feb 28
New major risk - Revenue and earnings growth Earnings have declined by 4.1% 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
Hydsoft Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Hydsoft Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.03 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.19 (up from CN¥0.03 in 3Q 2024). Revenue: CN¥594.8m (up 36% from 3Q 2024). Net income: CN¥68.4m (up 467% from 3Q 2024). Profit margin: 12% (up from 2.8% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% 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 13% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Annonce • Sep 30
Hydsoft Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Hydsoft Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% 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: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Reported Earnings • Sep 02
Second quarter 2025 earnings released: EPS: CN¥0.003 (vs CN¥0.028 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.003 (down from CN¥0.028 in 2Q 2024). Revenue: CN¥520.1m (up 30% from 2Q 2024). Net income: CN¥1.48m (down 87% from 2Q 2024). Profit margin: 0.3% (down from 2.8% in 2Q 2024). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in China. Annonce • Jul 02
Hydsoft Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Hydsoft Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • May 25
Dividend of CN¥0.08 announced Dividend of CN¥0.08 is the same as last year. Ex-date: 30th May 2025 Payment date: 30th May 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.8%. Annonce • May 21
Hydsoft Technology Co.,Ltd. announced that it expects to receive funding from Beijing Shenhui Holdings Co., Ltd., Changjiang Industrial Investment Co.,Ltd and another investor Hydsoft Technology Co.,Ltd. announced a private placement to issue Common Shares at an issue price of CNY 20.26 per share, which is not less than 80% of the average trading price of the listed company's stock over the 20 trading days prior to the pricing reference date on May 20, 2025 . The transaction will include participation from Yu Hao, Beijing Shenhui Holdings Co., Ltd., Changjiang Industrial Investment Co.,Ltd. The lock-up period for the shares of the listed company subscribed by the investors of this fundraising will be determined through mutual agreement between the listed company and the investors, provided that the requirements of the 'Issuance Registration Management Measures' and other regulatory requirements are met. The specific lock-up situation of the shares will be disclosed in detail in the restructuring report. The transaction has been approved by the 7th meeting of the 4th board of directors of the listed company and is subject shareholders' meeting of the listed company must approve the transaction plan, Shenzhen Stock Exchange and registered with the China Securities Regulatory Commission. New Risk • Apr 25
New major risk - Revenue and earnings growth Earnings have declined by 4.8% 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 (12% average weekly change). Earnings have declined by 4.8% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin). Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.037 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.037 in 1Q 2024). Revenue: CN¥505.8m (up 38% from 1Q 2024). Net income: CN¥4.16m (down 72% from 1Q 2024). Profit margin: 0.8% (down from 4.1% in 1Q 2024). Annonce • Apr 25
Hydsoft Technology Co.,Ltd., Annual General Meeting, May 15, 2025 Hydsoft Technology Co.,Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Annonce • Mar 31
Hydsoft Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Hydsoft Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Annonce • Dec 31
Hydsoft Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Hydsoft Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.036 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.03 (down from CN¥0.036 in 3Q 2023). Revenue: CN¥438.1m (up 31% from 3Q 2023). Net income: CN¥12.1m (down 17% from 3Q 2023). Profit margin: 2.8% (down from 4.4% in 3Q 2023). Annonce • Oct 17
Hydsoft Technology Co.,Ltd. (SZSE:301316) agreed to acquire 51% stake in Jinrui Software Technology (Hangzhou) Co., Ltd. from Hundsun Technologies Inc. (SHSE:600570) for CNY 62.6 million. Hydsoft Technology Co.,Ltd. (SZSE:301316) agreed to acquire 51% stake in Jinrui Software Technology (Hangzhou) Co., Ltd. from Hundsun Technologies Inc. (SHSE:600570) for CNY 62.6 million on October 16, 2024. A cash consideration of CNY 62.6 million will be paid by Hydsoft Technology Co.,Ltd. As part of consideration, CNY 62.6 million is paid towards common equity of Jinrui Software Technology (Hangzhou) Co., Ltd. For the period ending December 31, 2023, Jinrui Software Technology (Hangzhou) Co., Ltd. reported net income of CNY 8.4 million. As of December 31, 2023, Jinrui Software Technology (Hangzhou) Co., Ltd. reported total assets of CNY 148.06 million and total common equity of CNY 127.56 million. Annonce • Sep 30
Hydsoft Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Hydsoft Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Annonce • Sep 14
Hydsoft Technology Co.,Ltd. Approves Directorate Appointments Hydsoft Technology Co.,Ltd. at its 2nd Extraordinary General Meeting of 2024 on 12 September 2024, approved following appointments: Yue Yang, non-independent director; Li Guoxing, as non-independent director; Wang Conghu, as independent director; HUI KE LI as independent director; Wu Yongwei as non-employee supervisor; Lv Lianlian as non-employee supervisor. New Risk • Sep 07
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 (9.7% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin). Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.028 (vs CN¥0.058 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.028 (down from CN¥0.058 in 2Q 2023). Revenue: CN¥400.5m (up 21% from 2Q 2023). Net income: CN¥11.2m (down 52% from 2Q 2023). Profit margin: 2.8% (down from 7.0% in 2Q 2023). The decrease in margin was driven by higher expenses. New Risk • Aug 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 8.7% 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. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥16.11, the stock trades at a trailing P/E ratio of 76.3x. Average trailing P/E is 40x in the IT industry in China. Total loss to shareholders of 53% over the past year. Annonce • Jun 29
Hydsoft Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Hydsoft Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 30
Dividend of CN¥0.08 announced Dividend of CN¥0.08 is the same as last year. Ex-date: 4th June 2024 Payment date: 4th June 2024 Dividend yield will be 0.5%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • May 29
Hydsoft Technology Co.,Ltd. Announces Cash Dividend for the Year 2023, Payable on 4 June 2024 Hydsoft Technology Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares): cash dividend/10 shares (tax included) of CNY 0.80000000. Record date is 3 June 2024. Ex-date is 4 June 2024. Payment date is 4 June 2024. Annonce • Apr 28
Hydsoft Technology Co.,Ltd., Annual General Meeting, May 17, 2024 Hydsoft Technology Co.,Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Agenda: To consider 2023 annual report and its summary; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 profit distribution plan; to determination of 2023 remuneration for directors and senior management and 2024 remuneration plan; to determination of 2023 remuneration for supervisors and 2024 remuneration plan; to consider 2023 annual report and its summary; to consider Reappointment of 2024 audit firm; to consider Estimated guarantee quota for subsidiaries. Annonce • Apr 27
Hydsoft Technology Co.,Ltd. Proposes Final Cash Dividend for the Year 2023 On April 26, 2024, Hydsoft Technology Co.,Ltd. proposed final Cash dividend/10 shares (tax included) of CNY 0.80000000 for the year 2023. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.032 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.037 (up from CN¥0.032 in 1Q 2023). Revenue: CN¥367.9m (up 22% from 1Q 2023). Net income: CN¥14.9m (up 15% from 1Q 2023). Profit margin: 4.1% (down from 4.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥14.88, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 47x in the IT industry in China. Total loss to shareholders of 44% over the past year. Annonce • Mar 30
Hydsoft Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Hydsoft Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Reported Earnings • Mar 13
Full year 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.24 in FY 2022) Full year 2023 results: EPS: CN¥0.21 (down from CN¥0.24 in FY 2022). Revenue: CN¥1.36b (up 15% from FY 2022). Net income: CN¥82.4m (down 7.7% from FY 2022). Profit margin: 6.1% (down from 7.5% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to CN¥14.04, the stock trades at a trailing P/E ratio of 70.5x. Average trailing P/E is 44x in the IT industry in China. Total loss to shareholders of 52% over the past year. Annonce • Dec 29
Hydsoft Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Hydsoft Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.036 (vs CN¥0.065 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.036 (down from CN¥0.065 in 3Q 2022). Revenue: CN¥333.4m (up 6.7% from 3Q 2022). Net income: CN¥14.5m (down 44% from 3Q 2022). Profit margin: 4.4% (down from 8.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Annonce • Sep 30
Hydsoft Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 24, 2023 Hydsoft Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023 New Risk • Aug 02
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. This is currently the only risk that has been identified for the company. Annonce • May 30
Hydsoft Technology Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on 02 June 2023 Hydsoft Technology Co., Ltd. announced final cash dividend of CNY 0.80000000 per 10 shares on A shares for the year 2022. Record date is 01 June 2023, Ex-date is 02 June 2023 and Payment date is 02 June 2023. Annonce • May 18
Hydsoft Technology Co., Ltd. Approves Cash Dividend for 2022 Hydsoft Technology Co., Ltd. announced that at its AGM held on 16 May 2023, the shareholders approved 2022 profit distribution plan as cash dividend/10 shares (tax included): CNY 0.80000000. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.21 in FY 2021) Full year 2022 results: EPS: CN¥0.24 (up from CN¥0.21 in FY 2021). Revenue: CN¥1.18b (up 29% from FY 2021). Net income: CN¥89.4m (up 17% from FY 2021). Profit margin: 7.5% (down from 8.3% in FY 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 28
Third quarter 2022 earnings released Third quarter 2022 results: Net income: CN¥23.0m (up CN¥23.0m from 3Q 2021).