Upcoming Dividend • May 06
Upcoming dividend of CN¥0.25 per share Eligible shareholders must have bought the stock before 13 May 2026. Payment date: 30 June 2026. Payout ratio is on the higher end at 98%, however this is supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Hong Kong dividend payers (6.8%). Higher than average of industry peers (2.7%). Annonce • Apr 24
Chanjet Information Technology Company Limited to Report Q1, 2026 Results on Apr 25, 2026 Chanjet Information Technology Company Limited announced that they will report Q1, 2026 results at 4:00 PM, China Standard Time on Apr 25, 2026 New Risk • Apr 01
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.10 in FY 2024) Full year 2025 results: EPS: CN¥0.26 (up from CN¥0.10 in FY 2024). Revenue: CN¥1.09b (up 14% from FY 2024). Net income: CN¥81.6m (up 144% from FY 2024). Profit margin: 7.5% (up from 3.5% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Annonce • Mar 26
Chanjet Information Technology Company Limited, Annual General Meeting, May 08, 2026 Chanjet Information Technology Company Limited, Annual General Meeting, May 08, 2026. Location: meeting room e103, building 8, central district of yonyou, industrial park (beijing), 68 beiqing road, haidian district, beijing China Annonce • Mar 13
Chanjet Information Technology Company Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Chanjet Information Technology Company Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on Mar 26, 2026 Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to HK$7.17, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 34x in the Software industry in Hong Kong. Total returns to shareholders of 33% over the past three years. Annonce • Jan 14
Chanjet Information Technology Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended December 31, 2025 Chanjet Information Technology Company Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2025. For the year, it is expected that the Group would record an increase in revenue of approximately 14% for the year ended 31 December 2025 as compared to that of last year, of which revenue generated from cloud subscriptions would increase by approximately 16%, and revenue from cloud subscriptions would account for no less than 69% of the total revenue. It is expected that the Group would record a profit attributable to owners of the parent ranging from RMB 76.00 million to RMB 85.00 million for the Reporting Period, representing an increase of 127% to 154% as compared to the profit attributable to owners of the parent of RMB 33.46 million of last year, mainly because (i) the Group firmly implemented the long-term strategy of prioritising cloud service business and subscriptions, driving sustained growth in revenue and gross profit; (ii) the Group continued to implement efficient operations, resulting in an anticipated decrease in the proportions of research and development costs, selling and distribution expenses, and administrative expenses to revenue as compared to that of last year, thereby enhancing profitability. New Risk • Oct 23
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 Hong Kong 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. This is currently the only risk that has been identified for the company. Reported Earnings • Sep 30
First half 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.031 loss in 1H 2024) First half 2025 results: EPS: CN¥0.10 (up from CN¥0.031 loss in 1H 2024). Revenue: CN¥483.1m (up 6.7% from 1H 2024). Net income: CN¥33.5m (up CN¥43.4m from 1H 2024). Profit margin: 6.9% (up from net loss in 1H 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$8.90, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 29x in the Software industry in Hong Kong. Total returns to shareholders of 68% over the past three years. Reported Earnings • Aug 28
First half 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.031 loss in 1H 2024) First half 2025 results: EPS: CN¥0.10 (up from CN¥0.031 loss in 1H 2024). Revenue: CN¥483.1m (up 6.7% from 1H 2024). Net income: CN¥33.5m (up CN¥43.4m from 1H 2024). Profit margin: 6.9% (up from net loss in 1H 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annonce • Aug 15
Chanjet Information Technology Company Limited to Report First Half, 2025 Results on Aug 29, 2025 Chanjet Information Technology Company Limited announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$8.41, the stock trades at a forward P/E ratio of 25x. Average trailing P/E is 28x in the Software industry in Hong Kong. Total returns to shareholders of 22% over the past three years. Reported Earnings • Apr 29
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: CN¥0.10 (up from CN¥0.05 in FY 2023). Revenue: CN¥959.3m (up 20% from FY 2023). Net income: CN¥33.5m (up 111% from FY 2023). Profit margin: 3.5% (up from 2.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 160%. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 28
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: CN¥0.10 (up from CN¥0.05 in FY 2023). Revenue: CN¥959.3m (up 20% from FY 2023). Net income: CN¥33.5m (up 111% from FY 2023). Profit margin: 3.5% (up from 2.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 160%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Annonce • Mar 27
Chanjet Information Technology Company Limited, Annual General Meeting, May 20, 2025 Chanjet Information Technology Company Limited, Annual General Meeting, May 20, 2025. Annonce • Mar 15
Chanjet Information Technology Company Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Chanjet Information Technology Company Limited announced that they will report fiscal year 2024 results at 9:30 AM, China Standard Time on Mar 27, 2025 Annonce • Jan 23
Chanjet Information Technology Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2024 Chanjet Information Technology Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2024. The board of directors expected that the Group would record an increase in revenue
of 19% to 21% for the year ended 31 December 2024 as compared to that of last year, of which revenue generated from cloud subscriptions would record an increase of 33% to 35%, and revenue from cloud subscriptions would account for no less than 67% of the total revenue. It is expected that the Group would record a profit attributable to owners of the parent ranging from RMB 31.00 million to RMB 36.00 million for the Reporting Period, representing an increase of 95% to 127% as compared to that of last year, while a profit attributable to owners of the parent of RMB15.88 million was recorded last year, of which: (i) the gain recognised from the disposal of the Finance & Taxation Practical Skills Training Product and Service Business of RMB 43.75 million was recorded last year (please refer to the announcement of the Company dated 24 March 2023 in relation to the disposal of Finance & Taxation Practical Skills Training Product and Service Business for details), whereas there was no such gain for the current year; and (ii) a fair value gain on unlisted equity investments at fair value through profit or loss of RMB36.80 million was recorded last year, whereas a fair value gain of less than RMB2.00 million is expected to be recorded for the current year. New Risk • Jan 03
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 Hong Kong stocks, typically moving 12% 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. Annonce • Nov 29
Chanjet Information Technology Company Limited Appoints Li Weimin as A Shareholder Representative Supervisor of the Fifth Session of the Supervisory Committee Chanjet Information Technology Company Limited announced that the appointment of Mr. Li Weimin as a shareholder representative Supervisor of the fifth session of the Supervisory Committee was duly approved by the
Shareholders at the EGM held on 29 November 2024. Reported Earnings • Sep 28
First half 2024 earnings released: CN¥0.031 loss per share (vs CN¥0.057 profit in 1H 2023) First half 2024 results: CN¥0.031 loss per share (down from CN¥0.057 profit in 1H 2023). Revenue: CN¥452.9m (up 21% from 1H 2023). Net loss: CN¥9.88m (down 155% from profit in 1H 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
First half 2024 earnings released: CN¥0.031 loss per share (vs CN¥0.057 profit in 1H 2023) First half 2024 results: CN¥0.031 loss per share (down from CN¥0.057 profit in 1H 2023). Revenue: CN¥452.9m (up 21% from 1H 2023). Net loss: CN¥9.88m (down 155% from profit in 1H 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Annonce • Aug 09
Chanjet Information Technology Company Limited to Report First Half, 2024 Results on Aug 22, 2024 Chanjet Information Technology Company Limited announced that they will report first half, 2024 results on Aug 22, 2024 Reported Earnings • Apr 28
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: CN¥0.05 (up from CN¥0.71 loss in FY 2022). Revenue: CN¥800.6m (up 18% from FY 2022). Net income: CN¥15.9m (up CN¥228.0m from FY 2022). Profit margin: 2.0% (up from net loss in FY 2022). Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. New Risk • Apr 09
New major risk - Revenue and earnings growth Earnings have declined by 54% 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 Risk Earnings have declined by 54% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Mar 30
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: CN¥0.05 (up from CN¥0.71 loss in FY 2022). Revenue: CN¥800.6m (up 18% from FY 2022). Net income: CN¥15.9m (up CN¥228.0m from FY 2022). Profit margin: 2.0% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. Annonce • Mar 29
Chanjet Information Technology Company Limited, Annual General Meeting, May 21, 2024 Chanjet Information Technology Company Limited, Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: Meeting Room E102, Building 8, Central District of Yonyou Industrial Park 68 Beiqing Road, Haidian District, Beijing, the PRC Haidian District Beijing Province China Annonce • Mar 16
Chanjet Information Technology Company Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Chanjet Information Technology Company Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Annonce • Jan 18
Chanjet Information Technology Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2023 Chanjet Information Technology Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. For the year, Group expects revenue ranging from approximately RMB 789.00 million to RMB 809.00 million, gross profit ranging from approximately RMB 529.00 million to RMB 550.00 million and profit attributable to owners of the parent ranging from RMB 2.00 million to RMB 17.00 million. Major Estimate Revision • Nov 07
Consensus EPS estimates fall by 27% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥792.0m to CN¥759.0m. Losses expected to increase from CN¥0.11 per share to CN¥0.14. Software industry in Hong Kong expected to see average net income growth of 45% next year. Consensus price target of HK$10.88 unchanged from last update. Share price rose 13% to HK$3.13 over the past week. Reported Earnings • Sep 29
First half 2023 earnings released: EPS: CN¥0.057 (vs CN¥0.26 loss in 1H 2022) First half 2023 results: EPS: CN¥0.057 (up from CN¥0.26 loss in 1H 2022). Revenue: CN¥375.6m (up 12% from 1H 2022). Net income: CN¥18.1m (up CN¥96.6m from 1H 2022). Profit margin: 4.8% (up from net loss in 1H 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Board Change • Sep 12
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 Non-Executive Director Xiaoqing Wu 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. Major Estimate Revision • Sep 04
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥871.0m to CN¥792.0m. Now expected to report a loss of CN¥0.11 per share instead of CN¥0.05 per share profit previously forecast. Software industry in Hong Kong expected to see average net income growth of 44% next year. Consensus price target of HK$11.47 unchanged from last update. Share price fell 5.0% to HK$3.61 over the past week. Annonce • Aug 17
Chanjet Information Technology Company Limited Announces Retirement of Mr. Chen, Kevin Chien-Wen from His Positions as an Independent Non-Executive Director, the Chairman of the Audit Committee of the Board and A Member of the Nomination Committee of the Board Chanjet Information Technology Company Limited announced that Mr. Chen, Kevin Chien-wen will not offer himself for re-election at the EGM due to his other commitments which require more of his devotion and will retire from his positions as an independent non-executive Director, the chairman of the audit committee of the Board and a member of the nomination committee of the Board at the conclusion of the EGM. Reported Earnings • Aug 17
First half 2023 earnings released: EPS: CN¥0.057 (vs CN¥0.26 loss in 1H 2022) First half 2023 results: EPS: CN¥0.057 (up from CN¥0.26 loss in 1H 2022). Revenue: CN¥375.6m (up 12% from 1H 2022). Net income: CN¥18.1m (up CN¥96.6m from 1H 2022). Profit margin: 4.8% (up from net loss in 1H 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Annonce • Aug 03
Chanjet Information Technology Company Limited to Report First Half, 2023 Results on Aug 16, 2023 Chanjet Information Technology Company Limited announced that they will report first half, 2023 results on Aug 16, 2023 Annonce • Jul 15
Chanjet Information Technology Company Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2023 Chanjet Information Technology Company Limited provided group earnings guidance for the six months ended 30 June 2023. For the period, the company is expected that the Group would record revenue ranging from approximately RMB 369.00 million to RMB 385.00 million representing an increase of approximately 10% to 15% as compared to the same period of last year, of which revenue generated from cloud subscriptions would record an increase of over 25% as compared to the same period of last year. Revenue generated from cloud subscriptions would account for approximately 60% of the total revenue of the Group. During the Reporting Period, it is expected that the Group would record a profit attributable to owners of the parent ranging from RMB 13.00 million to RMB 22.00 million, as compared to a loss attributable to owners of the parent of approximately RMB 78.47 million for the same period of 2022. Reported Earnings • Mar 24
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: CN¥0.71 loss per share (further deteriorated from CN¥0.62 loss in FY 2021). Revenue: CN¥680.1m (up 15% from FY 2021). Net loss: CN¥212.1m (loss widened 14% from FY 2021). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Software industry in Hong Kong. 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. Annonce • Jan 31
Chanjet Information Technology Company Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2022 Chanjet Information Technology Company Limited provided consolidated earnings guidance for the year ended December 31, 2022. Based on a preliminary assessment of the unaudited consolidated management accounts of the Group, it is expected that the Group would record revenue ranging from RMB 661.00 million to RMB 697.00 million for the year ended 31 December 2022 ("Reporting Period"), representing an increase of approximately 12% to 18% as compared to that of last year, of which revenue generated from SaaS subscriptions recorded an increase of over 45% as compared to that of last year. Although the Group recorded an increase in revenue during the Reporting Period, some marketing activities were disrupted due to the increased negative impact of the COVID-19 pandemic in the fourth quarter of 2022, resulting in revenue growth falling short of expectations. Therefore, the Group's results will turn from a decrease in loss in the first three quarters of 2022 to an increase in annual loss. It is expected that the Group would record a loss attributable to owners of the parent ranging from RMB 204.00 million to RMB 222.00 million for the Reporting Period, representing an increase of approximately 10% to 20% as compared to the loss of RMB 185.07 million for last year. Major Estimate Revision • Nov 02
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from CN¥940.0m to CN¥834.4m. EPS estimate unchanged from -CN¥0.45 per share at last update. Software industry in Hong Kong expected to see average net income growth of 41% next year. Consensus price target of HK$11.46 unchanged from last update. Share price rose 11% to HK$3.46 over the past week. Reported Earnings • Aug 20
First half 2022 earnings released: EPS: CN¥0 (vs CN¥0.45 loss in 1H 2021) First half 2022 results: EPS: CN¥0 (up from CN¥0.45 loss in 1H 2021). Revenue: CN¥335.1m (up 56% from 1H 2021). Net loss: CN¥78.5m (loss narrowed 42% from 1H 2021). Over the next year, revenue is forecast to grow 38%, compared to a 30% growth forecast for the Software industry in Hong Kong. Reported Earnings • Apr 17
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: CN¥0.62 loss per share (down from CN¥0.10 profit in FY 2020). Revenue: CN¥590.3m (up 16% from FY 2020). Net loss: CN¥186.3m (down CN¥219.7m from profit in FY 2020). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 41%. Over the next year, revenue is forecast to grow 26%, compared to a 30% growth forecast for the industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. Executive Departure • Sep 17
VP & Joint Company Secretary Hongtao You has left the company On the 14th of September, Hongtao You's tenure as VP & Joint Company Secretary ended after 10.0 years in the role. We don't have any record of a personal shareholding under Hongtao's name. Hongtao is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.08 years. Reported Earnings • Aug 22
First half 2021 earnings released: CN¥0.68 loss per share (vs CN¥0.081 profit in 1H 2020) The company reported a soft first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: CN¥214.7m (up 5.5% from 1H 2020). Net loss: CN¥135.7m (down CN¥153.2m from profit in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Aug 20
Consensus EPS estimates fall to -CN¥0.61 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from CN¥608.0m to CN¥599.0m. Losses expected to increase from -CN¥0.07 to -CN¥0.61. Software industry in Hong Kong expected to see average net income growth of 27% next year. Consensus price target up from HK$30.23 to HK$32.21. Share price rose 10% to HK$17.88 over the past week. Upcoming Dividend • May 17
Upcoming dividend of CN¥0.08 per share Eligible shareholders must have bought the stock before 24 May 2021. Payment date: 09 July 2021. Trailing yield: 0.5%. Lower than top quartile of Hong Kong dividend payers (6.0%). Lower than average of industry peers (0.7%). Reported Earnings • Apr 24
Full year 2020 earnings released: EPS CN¥0.15 (vs CN¥0.43 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¥509.4m (up 9.9% from FY 2019). Net income: CN¥33.4m (down 64% from FY 2019). Profit margin: 6.6% (down from 20% in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Apr 02
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from CN¥574.8m to CN¥608.0m. Now expected to report loss of -CN¥0.07 instead of CN¥0.45 per share profit. Software industry in Hong Kong expected to see average net income decline 3.6% next year. Consensus price target up from HK$17.85 to HK$22.99. Share price rose 14% to HK$24.60 over the past week. Reported Earnings • Mar 27
Full year 2020 earnings released The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥509.4m (up 9.9% from FY 2019). Net income: CN¥33.4m (down 64% from FY 2019). Profit margin: 6.6% (down from 20% in FY 2019). Is New 90 Day High Low • Feb 02
New 90-day high: HK$25.95 The company is up 96% from its price of HK$13.26 on 04 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 67% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$10.57 per share. Is New 90 Day High Low • Jan 14
New 90-day high: HK$16.16 The company is up 22% from its price of HK$13.24 on 16 October 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Software industry, which is up 38% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$10.53 per share. Is New 90 Day High Low • Dec 12
New 90-day low: HK$11.50 The company is down 4.0% from its price of HK$12.02 on 11 September 2020. The Hong Kong 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 up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$16.99 per share. Reported Earnings • Sep 18
First half earnings released Over the last 12 months the company has reported total profits of CN¥17.8m, down 84% from the prior year. Total revenue was CN¥407.6m over the last 12 months, down 7.7% from the prior year.