Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Shiping Liu was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Apr 22
Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2026 Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2026, at 15:00 China Standard Time. Location: West 2F, Building 2, No. 168, Ruanjian Avenue, Yuhuatai District, Nanjing, Jiangsu China Annonce • Mar 31
Jiangsu Hoperun Software Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Jiangsu Hoperun Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Annonce • Dec 31
Jiangsu Hoperun Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026 Jiangsu Hoperun Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026 Annonce • Oct 30
Jiangsu Hoperun Software Co., Ltd. Proposes Cash Dividend for the Third Quarter of 2025 Jiangsu Hoperun Software Co., Ltd. at its 3rd Extraordinary General Meeting of 2025 to be held on 14 November 2025, proposed cash dividend (tax included) of CNY 0.70000000 per 10 shares for the third quarter of 2025. Annonce • Sep 30
Jiangsu Hoperun Software Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Jiangsu Hoperun Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Annonce • Jul 02
Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Annonce • Apr 22
Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2025 Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2025, at 15:00 China Standard Time. Location: West 2F, Building 2, No. 168, Ruanjian Avenue, Yuhuatai District, Nanjing, Jiangsu China Annonce • Mar 31
Jiangsu Hoperun Software Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Jiangsu Hoperun Software Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Annonce • Dec 31
Jiangsu Hoperun Software Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Jiangsu Hoperun Software Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.031 (vs CN¥0.021 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.031 (up from CN¥0.021 in 3Q 2023). Revenue: CN¥828.6m (up 14% from 3Q 2023). Net income: CN¥25.9m (up 40% from 3Q 2023). Profit margin: 3.1% (up from 2.5% in 3Q 2023). Revenue is forecast to grow 19% 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 7% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 18
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 213% to CN¥62.95. The fair value is estimated to be CN¥52.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 146% in the next 2 years. Annonce • Sep 30
Jiangsu Hoperun Software Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Jiangsu Hoperun Software Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 New Risk • Sep 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.086 (vs CN¥0.05 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.086 (up from CN¥0.05 in 2Q 2023). Revenue: CN¥810.1m (up 16% from 2Q 2023). Net income: CN¥59.1m (up 36% from 2Q 2023). Profit margin: 7.3% (up from 6.2% in 2Q 2023). Revenue is forecast to grow 22% 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 and the company’s share price has also fallen by 12% per year. Buy Or Sell Opportunity • Jul 22
Now 23% overvalued Over the last 90 days, the stock has fallen 3.6% to CN¥20.80. The fair value is estimated to be CN¥16.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 66% in 2 years. Earnings are forecast to grow by 189% in the next 2 years. Board Change • Jul 06
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman & CEO Hongwei Zhou is the most experienced director on the board, commencing their role in 2006. Independent Director Wanfu Li was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Buy Or Sell Opportunity • Jul 05
Now 20% overvalued Over the last 90 days, the stock has fallen 7.5% to CN¥20.40. The fair value is estimated to be CN¥16.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 66% in 2 years. Earnings are forecast to grow by 189% in the next 2 years. Annonce • Jun 29
Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 New Risk • May 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 59% 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. This is currently the only risk that has been identified for the company. Annonce • Apr 26
Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 16, 2024 Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 16, 2024, at 15:00 China Standard Time. Location: West 2F, Building 2, No. 168, Ruanjian Avenue, Yuhuatai District, Nanjing, Jiangsu China Reported Earnings • Apr 25
Full year 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.13 in FY 2022) Full year 2023 results: EPS: CN¥0.21 (up from CN¥0.13 in FY 2022). Revenue: CN¥3.11b (up 4.4% from FY 2022). Net income: CN¥163.8m (up 55% from FY 2022). Profit margin: 5.3% (up from 3.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Annonce • Mar 30
Jiangsu Hoperun Software Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Jiangsu Hoperun Software Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Annonce • Dec 30
Jiangsu Hoperun Software Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Jiangsu Hoperun Software Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Board Change • Oct 26
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wanfu Li was the last independent 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: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.041 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.041 in 3Q 2022). Revenue: CN¥726.5m (flat on 3Q 2022). Net income: CN¥18.5m (down 46% from 3Q 2022). Profit margin: 2.5% (down from 4.7% in 3Q 2022). Revenue is forecast to grow 42% 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 increased by 84% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Oct 19
Now 21% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be CN¥33.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 128% in 2 years. Earnings is forecast to grow by 650% in the next 2 years. New Risk • Oct 10
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 8.9% 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 (8.9% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin). Annonce • Sep 30
Jiangsu Hoperun Software Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023 Jiangsu Hoperun Software Co., Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023 New Risk • Aug 17
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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin). Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.07 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.05 (down from CN¥0.07 in 2Q 2022). Revenue: CN¥698.2m (down 11% from 2Q 2022). Net income: CN¥43.4m (down 22% from 2Q 2022). Profit margin: 6.2% (down from 7.1% in 2Q 2022). Revenue is forecast to grow 39% 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, earnings per share has increased by 111% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Annonce • Jul 01
Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2023 Results on Aug 16, 2023 Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2023 results on Aug 16, 2023 Reported Earnings • Apr 23
First quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.04 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.05 (up from CN¥0.04 in 1Q 2022). Revenue: CN¥737.1m (up 5.1% from 1Q 2022). Net income: CN¥36.3m (up 15% from 1Q 2022). Profit margin: 4.9% (up from 4.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Board Change • Apr 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Yang Hai was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Jan 13
Nanjing Hehu Zhilian Digital Technology Partnership (Limited Partnership) agreed to acquire 20% stake in Jiangsu Runkaihong Digital Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for CNY 0 Nanjing Hehu Zhilian Digital Technology Partnership (Limited Partnership) agreed to acquire 20% stake in Jiangsu Runkaihong Digital Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for CNY 0 on January 11, 2023. The board of directors of Jiangsu Hoperun Software approved the transaction. Buying Opportunity • Dec 20
Now 20% undervalued Over the last 90 days, the stock is up 1.0%. The fair value is estimated to be CN¥22.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 96% in 2 years. Earnings is forecast to grow by 192% in the next 2 years. Buying Opportunity • Nov 23
Now 20% undervalued Over the last 90 days, the stock is up 8.7%. The fair value is estimated to be CN¥24.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 96% in 2 years. Earnings is forecast to grow by 192% in the next 2 years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Weidong Li was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Nov 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.1%. The fair value is estimated to be CN¥24.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 96% in 2 years. Earnings is forecast to grow by 192% in the next 2 years. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.041 (vs CN¥0.06 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.041 (down from CN¥0.06 in 3Q 2021). Revenue: CN¥731.0m (up 7.0% from 3Q 2021). Net income: CN¥34.2m (down 25% from 3Q 2021). Profit margin: 4.7% (down from 6.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% 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 increased by 86% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥18.39, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 32% over the past three years. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.067 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.067 in 2Q 2021). Revenue: CN¥782.2m (up 28% from 2Q 2021). Net income: CN¥55.5m (up 36% from 2Q 2021). Profit margin: 7.1% (up from 6.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 29%, compared to a 31% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Aug 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Weidong Li was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Jun 10
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be CN¥22.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 78% in a year. Earnings is forecast to grow by 121% in the next year. Board Change • Apr 27
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. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Non-Independent Director Chen Bin was the last independent director to join the board, commencing their role in 2017. 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 • Apr 13
Full year 2021 earnings released: EPS: CN¥0.23 (vs CN¥0.21 in FY 2020) Full year 2021 results: EPS: CN¥0.23 (up from CN¥0.21 in FY 2020). Revenue: CN¥2.76b (up 11% from FY 2020). Net income: CN¥176.2m (up 5.5% from FY 2020). Profit margin: 6.4% (down from 6.7% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 65%, compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.06 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥683.1m (up 14% from 3Q 2020). Net income: CN¥45.7m (down 4.8% from 3Q 2020). Profit margin: 6.7% (down from 8.0% 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 21% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.067 (vs CN¥0.12 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥613.0m (up 5.0% from 2Q 2020). Net income: CN¥40.8m (down 32% from 2Q 2020). Profit margin: 6.6% (down from 10% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improved over the past week After last week's 41% share price gain to CN¥16.99, the stock trades at a trailing P/E ratio of 70.5x. Average trailing P/E is 49x in the Software industry in China. Total returns to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥11.46, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 43x in the Software industry in China. Total loss to shareholders of 8.1% over the past three years. Reported Earnings • Apr 21
Full year 2020 earnings released: EPS CN¥0.21 (vs CN¥2.30 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.48b (up 17% from FY 2019). Net income: CN¥167.1m (up CN¥1.96b from FY 2019). Profit margin: 6.7% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥8.81 The company is down 23% from its price of CN¥11.42 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 2.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥9.13 The company is down 31% from its price of CN¥13.14 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. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥10.11 The company is down 30% from its price of CN¥14.50 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. Is New 90 Day High Low • Nov 16
New 90-day low: CN¥10.91 The company is down 12% from its price of CN¥12.39 on 18 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 11% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥11.42 The company is down 8.0% from its price of CN¥12.37 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 12% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.83b, with earnings decreasing by CN¥2.11b from the prior year. Total revenue was CN¥2.21b over the last 12 months, down 3.0% from the prior year.