Board Change • May 20
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, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Dong Bin Jin was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Annonce • May 18
China Bester Group Telecom Co., Ltd., Annual General Meeting, Jun 05, 2026 China Bester Group Telecom Co., Ltd., Annual General Meeting, Jun 05, 2026, at 14:00 China Standard Time. Location: No. 1, Jiangxing Road, Jianghan Economic Development Zone, Wuhan, Hubei China Annonce • Mar 30
China Bester Group Telecom Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 China Bester Group Telecom Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Annonce • Dec 26
China Bester Group Telecom Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 China Bester Group Telecom Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Annonce • Sep 30
China Bester Group Telecom Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 China Bester Group Telecom Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Annonce • Jun 30
China Bester Group Telecom Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 China Bester Group Telecom Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Annonce • Apr 25
China Bester Group Telecom Co., Ltd., Annual General Meeting, May 20, 2025 China Bester Group Telecom Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: No. 1, Jiangxing Road, Jianghan Economic Development Zone, Wuhan, Hubei China Annonce • Mar 28
China Bester Group Telecom Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 China Bester Group Telecom Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Annonce • Mar 14
China Bester Group Telecom Co., Ltd. announced that it expects to receive CNY 1.9222348 billion in funding China Bester Group Telecom Co., Ltd. announces private placement to issue not more than 130,193,496 shares at a price will be 80% of average trading price of the company’s stock in the 20 trading days prior to the base date for gross proceeds of CNY 1,922,234,800 on March 13, 2025. It includes participation of not more than 35 specific investors. Lockup period is not more than 6 months This is subject to approval by Shanghai Stock Exchange and China Securities Regulatory Commission. Annonce • Dec 27
China Bester Group Telecom Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 China Bester Group Telecom Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.079 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.09 (up from CN¥0.079 in 3Q 2023). Revenue: CN¥693.5m (flat on 3Q 2023). Net income: CN¥39.1m (up 13% from 3Q 2023). Profit margin: 5.6% (up from 5.0% in 3Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Oct 10
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Daqiao Cui was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Sep 30
China Bester Group Telecom Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 China Bester Group Telecom Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Annonce • Jul 12
Boyang Qiushi Jinqu No. 1 Private Securities Investment Fund managed by Shenzhen Boyang Private Securities Fund Management Co., Ltd. cancelled the acquisition of 5% stake in China Bester Group Telecom Co., Ltd. (SHSE:603220) from Li Liubing. Boyang Qiushi Jinqu No. 1 Private Securities Investment Fund managed by Shenzhen Boyang Private Securities Fund Management Co., Ltd. signed share transfer agreement to acquire 5% stake in China Bester Group Telecom Co., Ltd. (SHSE:603220) from Li Liubing for approximately CNY 440 million on May 14, 2024. Li Liubing planned to transfer its 16,761,860 shares in the Company accounted to 5% stake for a transfer price of CNY 26.11/ share and total transfer price of CNY 437,652,164.60. Payment will be done in three installments 20% of the share transfer price, amounting to CNY 87,530,432.92 within 10 working days after the agreement, 30% of the share transfer price, amounting to CNY 131,295,649.38 within 2 months after the share transfer procedures have been completed and the remaining 50% balance of the share transfer price, amounting to CNY 218,826,082.30 within 5 months after the share transfer procedures have been completed. The transaction still needs to obtain the compliance confirmation from Shanghai Stock Exchange and have the relevant procedures for the share transfer processed in China Securities Depository and Clearing Corporation Limited Shanghai branch.Boyang Qiushi Jinqu No. 1 Private Securities Investment Fund managed by Shenzhen Boyang Private Securities Fund Management Co., Ltd. cancelled the acquisition of 5% stake in China Bester Group Telecom Co., Ltd. (SHSE:603220) from Li Liubing on July 10, 2024. Annonce • Jun 28
China Bester Group Telecom Co., Ltd. to Report First Half, 2024 Results on Jul 30, 2024 China Bester Group Telecom Co., Ltd. announced that they will report first half, 2024 results on Jul 30, 2024 Reported Earnings • Apr 23
Full year 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.33 in FY 2022) Full year 2023 results: EPS: CN¥0.43 (up from CN¥0.33 in FY 2022). Revenue: CN¥2.86b (up 8.3% from FY 2022). Net income: CN¥143.8m (up 32% from FY 2022). Profit margin: 5.0% (up from 4.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Telecom 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 increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥25.78, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 37x in the Telecom industry in China. Total returns to shareholders of 121% over the past three years. Annonce • Mar 29
China Bester Group Telecom Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 China Bester Group Telecom Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥33.67, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 52x in the Telecom industry in China. Total returns to shareholders of 193% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥23.87, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 13x in the Telecom industry in Asia. Total returns to shareholders of 118% over the past three years. Annonce • Dec 29
China Bester Group Telecom Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 China Bester Group Telecom Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.088 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.088 in 3Q 2022). Revenue: CN¥695.5m (up 11% from 3Q 2022). Net income: CN¥34.7m (up 18% from 3Q 2022). Profit margin: 5.0% (up from 4.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥28.70, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 107% over the past three years. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥20.90, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 26% over the past three years. Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.083 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.083 in 2Q 2022). Revenue: CN¥735.8m (up 20% from 2Q 2022). Net income: CN¥43.2m (up 57% from 2Q 2022). Profit margin: 5.9% (up from 4.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥18.13, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Telecom industry in Asia. Total returns to shareholders of 3.6% over the past three years. New Risk • Jun 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 6.9% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (4.3% net profit margin). Annonce • Jun 28
China Bester Group Telecom Co., Ltd. to Report First Half, 2023 Results on Aug 01, 2023 China Bester Group Telecom Co., Ltd. announced that they will report first half, 2023 results on Aug 01, 2023 Reported Earnings • Apr 20
Full year 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.54 in FY 2021) Full year 2022 results: EPS: CN¥0.33 (down from CN¥0.54 in FY 2021). Revenue: CN¥2.64b (flat on FY 2021). Net income: CN¥108.8m (down 40% from FY 2021). Profit margin: 4.1% (down from 6.9% in FY 2021). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Nov 16
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. 12 experienced directors. No highly experienced directors. 5 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . 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 • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.088 (vs CN¥0.12 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.088 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥629.3m (up 5.5% from 3Q 2021). Net income: CN¥29.3m (down 25% from 3Q 2021). Profit margin: 4.7% (down from 6.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.083 (vs CN¥0.14 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.083 (down from CN¥0.14 in 2Q 2021). Revenue: CN¥613.7m (down 4.5% from 2Q 2021). Net income: CN¥27.5m (down 40% from 2Q 2021). Profit margin: 4.5% (down from 7.2% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.046 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.046 in 1Q 2021). Revenue: CN¥404.8m (down 17% from 1Q 2021). Net income: CN¥10.2m (down 34% from 1Q 2021). Profit margin: 2.5% (down from 3.2% in 1Q 2021). The decrease in margin was driven by lower revenue. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.54 (vs CN¥0.17 in FY 2020) Full year 2021 results: EPS: CN¥0.54 (up from CN¥0.17 in FY 2020). Revenue: CN¥2.64b (up 28% from FY 2020). Net income: CN¥181.7m (up 219% from FY 2020). Profit margin: 6.9% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥16.75, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 66x in the Telecom industry in China. Total returns to shareholders of 7.3% over the past year. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.045 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥596.6m (up 7.5% from 3Q 2020). Net income: CN¥39.3m (up 157% from 3Q 2020). Profit margin: 6.6% (up from 2.7% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.087 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥642.6m (up 37% from 2Q 2020). Net income: CN¥46.0m (up 57% from 2Q 2020). Profit margin: 7.2% (up from 6.2% in 2Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥15.05, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 40x in the Telecom industry in China. Total loss to shareholders of 13% over the past year. Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥0.046 (vs CN¥0.072 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¥485.5m (up 288% from 1Q 2020). Net income: CN¥15.4m (up CN¥39.6m from 1Q 2020). Profit margin: 3.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Annonce • Apr 08
China Bester Group Telecom Co., Ltd. (SHSE:603220) announces an Equity Buyback for CNY 80 million worth of its shares. China Bester Group Telecom Co., Ltd. (SHSE:603220) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its shares. The shares will be repurchased at a price not exceeding CNY 17 per share. The repurchased shares will be used for the implementation of equity incentives. The company will use its own funds to repurchase the shares. The program will be valid for a period of 6 months. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS CN¥0.17 (vs CN¥0.45 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥2.07b (up 13% from FY 2019). Net income: CN¥56.9m (down 63% from FY 2019). Profit margin: 2.8% (down from 8.3% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥13.06 The company is down 6.0% from its price of CN¥13.87 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is down 11% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥13.08 The company is down 11% from its price of CN¥14.73 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 8.0% over the same period. Valuation Update With 7 Day Price Move • Dec 01
Market bids up stock over the past week After last week's 15% share price gain to CN¥16.24, the stock is trading at a trailing P/E ratio of 57.3x, up from the previous P/E ratio of 49.7x. This compares to an average P/E of 57x in the Telecom industry in China. Total return to shareholders over the past year is a loss of 18%. Is New 90 Day High Low • Oct 31
New 90-day low: CN¥13.87 The company is down 20% from its price of CN¥17.40 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 11% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥95.7m, down 37% from the prior year. Total revenue was CN¥1.88b over the last 12 months, largely unchanged from the prior year.