Valuation Update With 7 Day Price Move • 10h
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥11.07, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 100x in the IT industry in China. Total returns to shareholders of 15% over the past three years. Annuncio • Aug 19
Daheng New Epoch Technology Inc. (SHSE:600288) agreed to acquire 5% stake in Zhongshi Guangrui (Shishi) Co., Ltd. from Zhejiang Yueling Co., Ltd. (SZSE:002725) for CNY 110 million. Daheng New Epoch Technology Inc. (SHSE:600288) agreed to acquire 5% stake in Zhongshi Guangrui (Shishi) Co., Ltd. from Zhejiang Yueling Co., Ltd. (SZSE:002725) for CNY 110 million on August 17, 2026. A cash consideration of CNY 110.5 million will be paid by Daheng New Epoch Technology Inc. The consideration will be paid entirely in cash in three installments: 50% (CNY 55.25 million) after the agreement becomes effective, 30% (CNY 33.15 million) upon submission of the change registration application, and the final 20% (CNY 22.1 million) upon completion of the equity change registration. Upon completion, Zhejiang Yueling Co., Ltd. will reduce its stake in the target from 10.05% to a remaining 5.05%.
As of June 30, 2026, Zhongshi Guangrui (Shishi) Co., Ltd. reported total assets of CNY 747.6 million and total common equity of CNY 298.56 million.
The transaction is subject to customary closing conditions, including approval from the target company's shareholders' meeting, waiver of preemptive rights from other existing shareholders, and the completion of all necessary business registration change procedures. New Risk • Aug 14
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 9.8% 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 21% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.07, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 106x in the IT industry in China. Total returns to shareholders of 3.6% over the past three years. Annuncio • Jul 22
Daheng New Epoch Technology Inc. (SHSE:600288) announces an Equity Buyback for CNY 50 million worth of its shares. Daheng New Epoch Technology Inc. (SHSE:600288) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 11.27 per share. The purpose of the program is for the implementation of employee shareholding plan or equity incentive. The program will be valid till 12 months. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorates as stock falls 35% After last week's 35% share price decline to CN¥10.07, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 97x in the IT industry in China. Total loss to shareholders of 5.6% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥15.55, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 100x in the IT industry in China. Total returns to shareholders of 30% over the past three years. Annuncio • Jun 30
Daheng New Epoch Technology Inc. to Report First Half, 2026 Results on Aug 25, 2026 Daheng New Epoch Technology Inc. announced that they will report first half, 2026 results on Aug 25, 2026 Annuncio • Jun 03
Daheng New Epoch Technology Inc., Annual General Meeting, Jun 23, 2026 Daheng New Epoch Technology Inc., Annual General Meeting, Jun 23, 2026, at 14:00 China Standard Time. Location: 15F, North Tower, No. 3, Suzhou Street, Haidian District, Beijing China Reported Earnings • Apr 22
Full year 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.073 loss in FY 2024) Full year 2025 results: EPS: CN¥0.24 (up from CN¥0.073 loss in FY 2024). Revenue: CN¥1.74b (down 1.1% from FY 2024). Net income: CN¥104.2m (up CN¥136.2m from FY 2024). Profit margin: 6.0% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annuncio • Mar 30
Daheng New Epoch Technology Inc. to Report Q1, 2026 Results on Apr 30, 2026 Daheng New Epoch Technology Inc. announced that they will report Q1, 2026 results on Apr 30, 2026 Annuncio • Dec 26
Daheng New Epoch Technology Inc. to Report Fiscal Year 2025 Results on Apr 22, 2026 Daheng New Epoch Technology Inc. announced that they will report fiscal year 2025 results on Apr 22, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.008 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.008 in 3Q 2024). Revenue: CN¥452.6m (up 27% from 3Q 2024). Net income: CN¥71.5m (up CN¥68.0m from 3Q 2024). Profit margin: 16% (up from 1.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Annuncio • Sep 30
Daheng New Epoch Technology Inc. to Report Q3, 2025 Results on Oct 28, 2025 Daheng New Epoch Technology Inc. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 25
Second quarter 2025 earnings released: EPS: CN¥0.013 (vs CN¥0.027 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.013 (down from CN¥0.027 in 2Q 2024). Revenue: CN¥481.0m (down 2.6% from 2Q 2024). Net income: CN¥5.50m (down 53% from 2Q 2024). Profit margin: 1.1% (down from 2.4% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. New Risk • Aug 06
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 6.6% 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 27% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Annuncio • Jun 30
Daheng New Epoch Technology Inc. to Report First Half, 2025 Results on Aug 23, 2025 Daheng New Epoch Technology Inc. announced that they will report first half, 2025 results on Aug 23, 2025 Annuncio • May 12
Daheng New Epoch Technology Inc., Annual General Meeting, Jun 05, 2025 Daheng New Epoch Technology Inc., Annual General Meeting, Jun 05, 2025, at 14:00 China Standard Time. Location: 15F, North Tower, No. 3, Suzhou Street, Haidian District, Beijing China Reported Earnings • Apr 26
Full year 2024 earnings released: CN¥0.073 loss per share (vs CN¥0.11 profit in FY 2023) Full year 2024 results: CN¥0.073 loss per share (down from CN¥0.11 profit in FY 2023). Revenue: CN¥1.76b (down 24% from FY 2023). Net loss: CN¥32.0m (down 164% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Annuncio • Mar 28
Daheng New Epoch Technology Inc. to Report Q1, 2025 Results on Apr 29, 2025 Daheng New Epoch Technology Inc. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Jan 16
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 11% 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 (11% average weekly change). Earnings have declined by 12% per year over the past 5 years. Annuncio • Dec 27
Daheng New Epoch Technology Inc. to Report Fiscal Year 2024 Results on Apr 23, 2025 Daheng New Epoch Technology Inc. announced that they will report fiscal year 2024 results on Apr 23, 2025 New Risk • Dec 12
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 12% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Annuncio • Sep 30
Daheng New Epoch Technology Inc. to Report Q3, 2024 Results on Oct 25, 2024 Daheng New Epoch Technology Inc. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: CN¥0.027 (vs CN¥0.03 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.027 (up from CN¥0.03 loss in 2Q 2023). Revenue: CN¥493.8m (down 11% from 2Q 2023). Net income: CN¥11.8m (up CN¥24.7m from 2Q 2023). Profit margin: 2.4% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Annuncio • Jun 28
Daheng New Epoch Technology Inc. to Report First Half, 2024 Results on Aug 21, 2024 Daheng New Epoch Technology Inc. announced that they will report first half, 2024 results on Aug 21, 2024 Annuncio • Jun 08
Daheng New Epoch Technology Inc., Annual General Meeting, Jun 26, 2024 Daheng New Epoch Technology Inc., Annual General Meeting, Jun 26, 2024, at 14:00 China Standard Time. Location: 15F, North Tower, No. 3, Suzhou Street, Haidian District, Beijing China Buy Or Sell Opportunity • May 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to CN¥7.21. The fair value is estimated to be CN¥9.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has declined by 33%. New Risk • Apr 17
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: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥7.10, the stock trades at a trailing P/E ratio of 62.1x. Average trailing P/E is 47x in the IT industry in China. Total loss to shareholders of 42% over the past three years. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.16 in FY 2022) Full year 2023 results: EPS: CN¥0.11 (down from CN¥0.16 in FY 2022). Revenue: CN¥2.33b (flat on FY 2022). Net income: CN¥49.9m (down 28% from FY 2022). Profit margin: 2.1% (down from 3.0% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Annuncio • Mar 29
Daheng New Epoch Technology Inc. to Report Q1, 2024 Results on Apr 30, 2024 Daheng New Epoch Technology Inc. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥8.11, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 46x in the IT industry in China. Total loss to shareholders of 16% 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¥8.10, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 45x in the IT industry in China. Total loss to shareholders of 13% over the past three years. Annuncio • Dec 30
Daheng New Epoch Technology Inc. to Report Fiscal Year 2023 Results on Mar 29, 2024 Daheng New Epoch Technology Inc. announced that they will report fiscal year 2023 results on Mar 29, 2024 Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥12.45, the stock trades at a trailing P/E ratio of 75.1x. Average trailing P/E is 64x in the IT industry in China. Total returns to shareholders of 13% over the past three years. New Risk • Nov 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 Chinese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.3% net profit margin). Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥12.72, the stock trades at a trailing P/E ratio of 76.7x. Average trailing P/E is 69x in the IT industry in China. Total returns to shareholders of 11% over the past three years. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.006 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.006 loss in 3Q 2022). Revenue: CN¥503.9m (down 17% from 3Q 2022). Net income: CN¥82.3m (up CN¥84.9m from 3Q 2022). Profit margin: 16% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 2% per year. Annuncio • Sep 30
Daheng New Epoch Technology Inc. to Report Q3, 2023 Results on Oct 26, 2023 Daheng New Epoch Technology Inc. announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.22 profit in 2Q 2022) Second quarter 2023 results: CN¥0.03 loss per share (down from CN¥0.22 profit in 2Q 2022). Revenue: CN¥554.8m (down 3.6% from 2Q 2022). Net loss: CN¥12.9m (down 114% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annuncio • Jun 28
Daheng New Epoch Technology Inc. to Report First Half, 2023 Results on Aug 16, 2023 Daheng New Epoch Technology Inc. announced that they will report first half, 2023 results on Aug 16, 2023 Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.037 (vs CN¥0.021 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.037 (up from CN¥0.021 loss in 1Q 2022). Revenue: CN¥497.8m (flat on 1Q 2022). Net income: CN¥16.1m (up CN¥25.3m from 1Q 2022). Profit margin: 3.2% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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 Rui Dai 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. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.006 loss per share (vs CN¥0.014 profit in 3Q 2021) Third quarter 2022 results: CN¥0.006 loss per share (down from CN¥0.014 profit in 3Q 2021). Revenue: CN¥604.4m (down 3.2% from 3Q 2021). Net loss: CN¥2.65m (down 142% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Aug 24
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 Rui Dai 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. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: CN¥0.22 (vs CN¥0.15 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.22 (up from CN¥0.15 in 2Q 2021). Revenue: CN¥575.6m (down 21% from 2Q 2021). Net income: CN¥94.4m (up 47% from 2Q 2021). Profit margin: 16% (up from 8.8% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 29
First quarter 2022 earnings released: CN¥0.021 loss per share (vs CN¥0.055 loss in 1Q 2021) First quarter 2022 results: CN¥0.021 loss per share (up from CN¥0.055 loss in 1Q 2021). Revenue: CN¥502.5m (up 24% from 1Q 2021). Net loss: CN¥9.21m (loss narrowed 62% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 21
Full year 2021 earnings released: EPS: CN¥0.21 (vs CN¥0.13 in FY 2020) Full year 2021 results: EPS: CN¥0.21 (up from CN¥0.13 in FY 2020). Revenue: CN¥2.54b (up 9.6% from FY 2020). Net income: CN¥91.9m (up 61% from FY 2020). Profit margin: 3.6% (up from 2.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.21 (up from CN¥0.13 in FY 2020). Revenue: CN¥2.53b (up 9.2% from FY 2020). Net income: CN¥90.1m (up 57% from FY 2020). Profit margin: 3.6% (up from 2.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.014 (vs CN¥0.085 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¥624.5m (up 1.7% from 3Q 2020). Net income: CN¥6.25m (down 83% from 3Q 2020). Profit margin: 1.0% (down from 6.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 23% per year. Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.063 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥725.7m (up 24% from 2Q 2020). Net income: CN¥64.1m (up 134% from 2Q 2020). Profit margin: 8.8% (up from 4.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥11.25, the stock trades at a trailing P/E ratio of 59.5x. Average trailing P/E is 43x in the IT industry in China. Total returns to shareholders of 45% over the past three years. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥0.13 (vs CN¥0.17 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CN¥2.32b (down 30% from FY 2019). Net income: CN¥57.2m (down 22% from FY 2019). Profit margin: 2.5% (up from 2.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥9.55 The company is down 14% from its price of CN¥11.08 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 27% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥10.56 The company is down 7.0% from its price of CN¥11.32 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 21% 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¥56.4m, up 11% from the prior year. Total revenue was CN¥2.58b over the last 12 months, down 21% from the prior year. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥10.95 The company is down 3.0% from its price of CN¥11.33 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 2.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥10.97 The company is down 5.0% from its price of CN¥11.53 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 3.0% over the same period. Annuncio • Jul 10
Daheng New Epoch Technology Inc. to Report First Half, 2020 Results on Aug 27, 2020 Daheng New Epoch Technology Inc. announced that they will report first half, 2020 results on Aug 27, 2020