New Risk • Jul 07
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 10% 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 53% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Annonce • Jun 30
Fullink Technology Co.,Ltd to Report First Half, 2026 Results on Aug 28, 2026 Fullink Technology Co.,Ltd announced that they will report first half, 2026 results on Aug 28, 2026 Annonce • Apr 29
Fullink Technology Co.,Ltd, Annual General Meeting, May 20, 2026 Fullink Technology Co.,Ltd, Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annonce • Mar 31
Fullink Technology Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 Fullink Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Annonce • Dec 31
Fullink Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026 Fullink Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026 New Risk • Dec 12
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 9.0% 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 Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 38% 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 (0.2% net profit margin). Annonce • Oct 30
Fullink Technology Co.,Ltd Approves Director Appointments Fullink Technology Co.,Ltd at 4th Extraordinary General Meeting of 2025 on 28 October 2025 approved election of Huang Yaping, non-independent director and Yang Lijie, independent director. Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.044 loss per share (vs CN¥0.10 profit in 3Q 2024) Third quarter 2025 results: CN¥0.044 loss per share (down from CN¥0.10 profit in 3Q 2024). Revenue: CN¥179.0m (down 29% from 3Q 2024). Net loss: CN¥6.06m (down 171% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Annonce • Sep 30
Fullink Technology Co.,Ltd to Report Q3, 2025 Results on Oct 29, 2025 Fullink Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0 (vs CN¥0.035 loss in 2Q 2024) Second quarter 2025 results: EPS: CN¥0 (improved from CN¥0.035 loss in 2Q 2024). Revenue: CN¥204.6m (up 3.6% from 2Q 2024). Net loss: CN¥11.5k (loss narrowed 100% from 2Q 2024). Profit margin: 0% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. New Risk • Jul 25
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 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Annonce • Jul 02
Fullink Technology Co.,Ltd to Report First Half, 2025 Results on Aug 26, 2025 Fullink Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 26, 2025 Declared Dividend • Jun 15
Dividend of CN¥0.05 announced Dividend of CN¥0.05 is the same as last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.3%. Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: CN¥0.051 (vs CN¥0.007 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.051 (up from CN¥0.007 in 1Q 2024). Revenue: CN¥166.6m (down 3.4% from 1Q 2024). Net income: CN¥4.97m (up CN¥4.34m from 1Q 2024). Profit margin: 3.0% (up from 0.4% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Annonce • Apr 29
Fullink Technology Co.,Ltd, Annual General Meeting, May 21, 2025 Fullink Technology Co.,Ltd, Annual General Meeting, May 21, 2025, at 15:00 China Standard Time. Annonce • Mar 31
Fullink Technology Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 Fullink Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Annonce • Dec 31
Fullink Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025 Fullink Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 29, 2025 New Risk • Dec 25
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 11% 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 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.024 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.024 in 3Q 2023). Revenue: CN¥252.8m (up 42% from 3Q 2023). Net income: CN¥8.60m (up 228% from 3Q 2023). Profit margin: 3.4% (up from 1.5% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annonce • Sep 30
Fullink Technology Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 Fullink Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.035 loss per share (vs CN¥0.13 profit in 2Q 2023) Second quarter 2024 results: CN¥0.035 loss per share (down from CN¥0.13 profit in 2Q 2023). Revenue: CN¥197.5m (up 18% from 2Q 2023). Net loss: CN¥3.61m (down 130% from profit in 2Q 2023). Annonce • Jun 29
Fullink Technology Co.,Ltd to Report First Half, 2024 Results on Aug 28, 2024 Fullink Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • May 28
New major risk - Revenue and earnings growth Earnings have declined by 15% 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 Earnings have declined by 15% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Profit margins are more than 30% lower than last year (2.8% net profit margin). New Risk • May 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Annonce • Apr 30
Fullink Technology Co.,Ltd, Annual General Meeting, May 21, 2024 Fullink Technology Co.,Ltd, Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to CN¥17.12, the stock trades at a trailing P/E ratio of 77.4x. Average trailing P/E is 44x in the Tech industry in China. Total loss to shareholders of 27% over the past year. Annonce • Mar 30
Fullink Technology Co.,Ltd to Report Q1, 2024 Results on Apr 29, 2024 Fullink Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 29, 2024 New Risk • Feb 05
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 9.6% 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 Share price has been highly volatile over the past 3 months (9.6% average weekly change). High level of non-cash earnings (29% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (3.5% net profit margin). Annonce • Dec 30
Fullink Technology Co.,Ltd to Report Fiscal Year 2023 Results on Apr 29, 2024 Fullink Technology Co.,Ltd announced that they will report fiscal year 2023 results on Apr 29, 2024 New Risk • Dec 07
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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.024 (vs CN¥0.32 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.024 (down from CN¥0.32 in 3Q 2022). Revenue: CN¥177.8m (down 9.9% from 3Q 2022). Net income: CN¥2.62m (down 92% from 3Q 2022). Profit margin: 1.5% (down from 16% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.25 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.25 in 2Q 2022). Revenue: CN¥167.9m (down 17% from 2Q 2022). Net income: CN¥11.9m (down 51% from 2Q 2022). Profit margin: 7.1% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥24.35, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 50x in the Tech industry in China. Total returns to shareholders of 2.3% over the past year. Annonce • May 13
Fullink Technology Co.,Ltd Approves Dividend for 2022 Fullink Technology Co.,Ltd at its Annual General Meeting held on 09 May 2023 approved cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2022. Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: CN¥1.35 (vs CN¥1.22 in FY 2021) Full year 2022 results: EPS: CN¥1.35 (up from CN¥1.22 in FY 2021). Revenue: CN¥686.9m (up 21% from FY 2021). Net income: CN¥72.9m (up 36% from FY 2021). Profit margin: 11% (up from 9.4% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥36.36, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 36x in the Tech industry in China. Total loss to shareholders of 24% over the past year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Peideng Jiang 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. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥42.25, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 36x in the Tech industry in China. Total loss to shareholders of 15% over the past year. Annonce • Sep 15
Fullink Technology Co., LTD. Announces Management Appointments Fullink Technology Co., LTD. announced at the EGM held on September 13, 2022 that the company approved Election of Jiang Peideng as independent director and Liu Lingxiang and Li Yun as supervisors. Annonce • May 24
Fullink Technology Co., LTD. Announces Cash Dividend (A Shares) for 2021, Payable on 27 May 2022 Fullink Technology Co., LTD. announced Cash dividend per 10 shares (tax included) of CNY 10.00000000 (A shares) for 2021. Payment date is 27 May 2022, Ex-date is 27 May 2022 and Record date is 26 May 2022. Annonce • May 12
Fullink Technology Co., LTD. Approves Cash Dividend for the Year 2021 Fullink Technology Co., LTD., at the AGM held on 09 May 2022 approved Cash dividend/10 shares (tax included) of CNY 10.00000000 for 2021. Annonce • Apr 20
Fullink Technology Co., LTD. Proposes Final Dividend for 2021 Fullink Technology Co., LTD. announced on 19 April 2022 the profit distribution proposal for 2021 of CNY 10.00000000 per 10 shares (tax included). Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: CN¥1.22 (vs CN¥1.64 in FY 2020) Full year 2021 results: EPS: CN¥1.22 (down from CN¥1.64 in FY 2020). Revenue: CN¥569.3m (up 7.3% from FY 2020). Net income: CN¥53.5m (down 19% from FY 2020). Profit margin: 9.4% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 27
Third quarter 2021 earnings released The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥143.8m (down 8.0% from 3Q 2020). Net income: CN¥13.0m (down 30% from 3Q 2020). Profit margin: 9.0% (down from 12% in 3Q 2020). The decrease in margin was driven by lower revenue.