Board Change • May 20
Less than half of directors are independent There are 10 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 10 new directors. No experienced directors. 2 highly experienced directors. 4 independent directors (5 non-independent directors). Director Yongjun Lin is the most experienced director on the board, commencing their role in 2008. Non-Independent Director Xinjun Du was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annonce • May 12
Beijing E-Hualu Information Technology Co., Ltd.(XSEC:300212) dropped from FTSE All-World Index (USD) Beijing E-Hualu Information Technology Co., Ltd.(XSEC:300212) dropped from FTSE All-World Index (USD) Annonce • Mar 31
Beijing E-Hualu Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Annonce • Dec 31
Beijing E-Hualu Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026 Annonce • Sep 30
Beijing E-Hualu Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Annonce • Jul 02
Beijing E-Hualu Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Annonce • May 20
Beijing E-Hualu Information Technology Co., Ltd., Annual General Meeting, Jun 10, 2025 Beijing E-Hualu Information Technology Co., Ltd., Annual General Meeting, Jun 10, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Annonce • Mar 31
Beijing E-Hualu Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Annonce • Mar 01
Beijing E-Hualu Information Technology Co., Ltd. Appoints Du Xinjun as Non-Independent Director Beijing E-Hualu Information Technology Co., Ltd. at its Extraordinary General Meeting of 2025 on 27 February 2025, approved: Election of Du Xinjun as a non-independent director. Annonce • Dec 31
Beijing E-Hualu Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Annonce • Sep 30
Beijing E-Hualu Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 28
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 8.4% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (8.7% increase in shares outstanding). Buy Or Sell Opportunity • Sep 28
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to CN¥20.55. The fair value is estimated to be CN¥16.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 46% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jul 31
Now 21% overvalued Over the last 90 days, the stock has fallen 22% to CN¥17.28. The fair value is estimated to be CN¥14.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 40% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jul 01
Now 17% overvalued Over the last 90 days, the stock has fallen 31% to CN¥16.74. The fair value is estimated to be CN¥14.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 40% over the last 3 years. Meanwhile, the company became loss making. Annonce • Jun 29
Beijing E-Hualu Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Buy Or Sell Opportunity • Jun 26
Now 26% overvalued Over the last 90 days, the stock has fallen 30% to CN¥17.52. The fair value is estimated to be CN¥13.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 40% over the last 3 years. Meanwhile, the company became loss making. Annonce • Jun 06
Beijing E-Hualu Information Technology Co., Ltd., Annual General Meeting, Jun 25, 2024 Beijing E-Hualu Information Technology Co., Ltd., Annual General Meeting, Jun 25, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Reported Earnings • Apr 18
Full year 2023 earnings released: CN¥2.83 loss per share (vs CN¥0.017 profit in FY 2022) Full year 2023 results: CN¥2.83 loss per share (down from CN¥0.017 profit in FY 2022). Revenue: CN¥765.0m (down 52% from FY 2022). Net loss: CN¥1.89b (down CN¥1.90b from profit in FY 2022). Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 21% 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 125 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Apr 11
Now 20% overvalued Over the last 90 days, the stock has fallen 13% to CN¥22.85. The fair value is estimated to be CN¥19.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 31% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 48% in a year. Earnings are forecast to grow by 55% in the next year. Annonce • Mar 30
Beijing E-Hualu Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 New Risk • Jan 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.2% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (8.7% increase in shares outstanding). Annonce • Dec 30
Beijing E-Hualu Information Technology Co., Ltd. Approves the Election of Sun Na as an Independent Director Beijing E-Hualu Information Technology Co., Ltd. at its Extraordinary General Meeting of 2023 on 28 December 2023 approved the election of Sun Na as an independent director. Annonce • Dec 29
Beijing E-Hualu Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 18, 2024 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 18, 2024 New Risk • Dec 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.7% This is considered a minor 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.9% average weekly change). Earnings have declined by 47% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (8.7% increase in shares outstanding). Reported Earnings • Aug 12
Second quarter 2023 earnings released: CN¥0.37 loss per share (vs CN¥0.028 loss in 2Q 2022) Second quarter 2023 results: CN¥0.37 loss per share (further deteriorated from CN¥0.028 loss in 2Q 2022). Revenue: CN¥146.0m (down 53% from 2Q 2022). Net loss: CN¥246.2m (loss widened CN¥228.0m from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Annonce • Jul 01
Beijing E-Hualu Information Technology Co., Ltd. to Report First Half, 2023 Results on Aug 12, 2023 Beijing E-Hualu Information Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 12, 2023 Annonce • May 19
Beijing E-Hualu Information Technology Co., Ltd., Annual General Meeting, Jun 06, 2023 Beijing E-Hualu Information Technology Co., Ltd., Annual General Meeting, Jun 06, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 annual report and its summary; to consider 2023 estimated continuing connected transactions; to consider Reappointment of 2023 audit firm; to consider 2022 profit distribution plan; to consider Extension of the valid period of the resolution on the share offering to specific parties and the valid period of the authorization to the board; to consider Formulation of the management measures for total wages of the Company; and to consider Remuneration for the chairman of the board. Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: CN¥0.017 (vs CN¥0.25 loss in FY 2021) Full year 2022 results: EPS: CN¥0.017 (up from CN¥0.25 loss in FY 2021). Revenue: CN¥1.60b (down 21% from FY 2021). Net income: CN¥11.5m (up CN¥178.2m from FY 2021). Profit margin: 0.7% (up from net loss in FY 2021). 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. Board Change • Nov 16
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. 2 highly experienced directors. Chairman Yongjun Lin is the most experienced director on the board, commencing their role in 2008. 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 25
Third quarter 2022 earnings released: CN¥0.044 loss per share (vs CN¥0.024 loss in 3Q 2021) Third quarter 2022 results: CN¥0.044 loss per share (further deteriorated from CN¥0.024 loss in 3Q 2021). Revenue: CN¥413.0m (up 9.0% from 3Q 2021). Net loss: CN¥28.9m (loss widened 81% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 20
Second quarter 2022 earnings released: CN¥0.028 loss per share (vs CN¥0.15 profit in 2Q 2021) Second quarter 2022 results: CN¥0.028 loss per share (down from CN¥0.15 profit in 2Q 2021). Revenue: CN¥310.6m (down 63% from 2Q 2021). Net loss: CN¥18.2m (down 119% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Wei Guan was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥30.53, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 92% over the past three years. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥28.87, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 32x in the Software industry in China. Total returns to shareholders of 115% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: CN¥0.024 loss per share (vs CN¥0.018 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥378.8m (down 11% from 3Q 2020). Net loss: CN¥15.9m (loss widened 62% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 28% per year. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.15 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥843.2m (up 65% from 2Q 2020). Net income: CN¥98.0m (up 5.1% from 2Q 2020). Profit margin: 12% (down from 18% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 29% share price gain to CN¥35.04, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 38x in the Software industry in China. Total returns to shareholders of 82% over the past three years. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥29.08, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 36x in the Software industry in China. Total returns to shareholders of 74% over the past three years. Reported Earnings • Apr 14
Full year 2020 earnings released: EPS CN¥1.07 (vs CN¥0.60 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥2.81b (down 25% from FY 2019). Net income: CN¥685.6m (up 79% from FY 2019). Profit margin: 24% (up from 10% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 13
New 90-day low: CN¥23.49 The company is down 13% from its price of CN¥26.92 on 11 December 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 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.91 per share. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥30.65, the stock is trading at a trailing P/E ratio of 59.4x, up from the previous P/E ratio of 48.2x. This compares to an average P/E of 53x in the Software industry in China. Total returns to shareholders over the past three years are 91%. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥25.65 The company is down 28% from its price of CN¥35.57 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 Software industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.87 per share. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥28.57 The company is down 18% from its price of CN¥35.05 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 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¥1.64 per share. Is New 90 Day High Low • Nov 18
New 90-day low: CN¥31.17 The company is down 19% from its price of CN¥38.32 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.61 per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥325.1m, down 18% from the prior year. Total revenue was CN¥2.94b over the last 12 months, down 16% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥34.00 The company is down 18% from its price of CN¥41.22 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software 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¥1.60 per share. Is New 90 Day High Low • Sep 30
New 90-day low: CN¥34.85 The company is down 26% from its price of CN¥46.83 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.64 per share. 
