New Risk • May 03
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 0.6% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.5% per year over the past 5 years. Minor Risk Short dividend paying track record (less than a year of continuous dividend payments). New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings have declined by 4.5% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 21
First quarter 2026 earnings released: EPS: CN¥0.023 (vs CN¥0.023 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.023 (in line with 1Q 2025). Revenue: CN¥177.4m (up 26% from 1Q 2025). Net income: CN¥13.4m (flat on 1Q 2025). Profit margin: 7.5% (down from 9.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Annuncio • Apr 21
Shenzhen Sea Star Technology Co.,Ltd, Annual General Meeting, May 14, 2026 Shenzhen Sea Star Technology Co.,Ltd, Annual General Meeting, May 14, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annuncio • Mar 31
Shenzhen Sea Star Technology Co.,Ltd to Report Q1, 2026 Results on Apr 21, 2026 Shenzhen Sea Star Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 21, 2026 Annuncio • Dec 31
Shenzhen Sea Star Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 21, 2026 Shenzhen Sea Star Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 22
Third quarter 2025 earnings released: EPS: CN¥0.026 (vs CN¥0.004 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.026 (up from CN¥0.004 in 3Q 2024). Revenue: CN¥175.7m (up 30% from 3Q 2024). Net income: CN¥14.8m (up 471% from 3Q 2024). Profit margin: 8.4% (up from 1.9% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Annuncio • Sep 30
Shenzhen Sea Star Technology Co.,Ltd to Report Q3, 2025 Results on Oct 22, 2025 Shenzhen Sea Star Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 22, 2025 New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 6.3% 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. This is currently the only risk that has been identified for the company. Annuncio • Jul 02
Shenzhen Sea Star Technology Co.,Ltd to Report First Half, 2025 Results on Aug 19, 2025 Shenzhen Sea Star Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 19, 2025 Reported Earnings • Apr 22
Full year 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.018 profit in FY 2023) Full year 2024 results: CN¥0.04 loss per share (down from CN¥0.018 profit in FY 2023). Revenue: CN¥594.7m (flat on FY 2023). Net loss: CN¥23.4m (down 324% from profit in FY 2023). 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 21% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 22
Shenzhen Sea Star Technology Co.,Ltd, Annual General Meeting, May 15, 2025 Shenzhen Sea Star Technology Co.,Ltd, Annual General Meeting, May 15, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annuncio • Mar 31
Shenzhen Sea Star Technology Co.,Ltd to Report Q1, 2025 Results on Apr 22, 2025 Shenzhen Sea Star Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 22, 2025 Annuncio • Dec 31
Shenzhen Sea Star Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 22, 2025 Shenzhen Sea Star Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 22, 2025 New Risk • Dec 26
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. Profit margins are more than 30% lower than last year (0.5% net profit margin). Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.02 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.004 (down from CN¥0.02 in 3Q 2023). Revenue: CN¥135.3m (down 15% from 3Q 2023). Net income: CN¥2.60m (down 77% from 3Q 2023). Profit margin: 1.9% (down from 7.1% in 3Q 2023). 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 5% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 30
Shenzhen Sea Star Technology Co.,Ltd to Report Q3, 2024 Results on Oct 29, 2024 Shenzhen Sea Star Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.01 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.023 (up from CN¥0.01 in 2Q 2023). Revenue: CN¥159.6m (up 8.2% from 2Q 2023). Net income: CN¥13.2m (up 122% from 2Q 2023). Profit margin: 8.3% (up from 4.0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Annuncio • Jun 29
Shenzhen Sea Star Technology Co.,Ltd to Report First Half, 2024 Results on Aug 20, 2024 Shenzhen Sea Star Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 20, 2024 Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.03 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.03 in 1Q 2023). Revenue: CN¥157.1m (up 9.9% from 1Q 2023). Net income: CN¥11.1m (down 36% from 1Q 2023). Profit margin: 7.1% (down from 12% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Apr 23
Shenzhen Sea Star Technology Co.,Ltd, Annual General Meeting, May 15, 2024 Shenzhen Sea Star Technology Co.,Ltd, Annual General Meeting, May 15, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Buy Or Sell Opportunity • Apr 16
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to CN¥4.30. The fair value is estimated to be CN¥5.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has grown by 51%. Annuncio • Mar 30
Shenzhen Sea Star Technology Co.,Ltd to Report Q1, 2024 Results on Apr 23, 2024 Shenzhen Sea Star Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 23, 2024 Buy Or Sell Opportunity • Feb 07
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 44% to CN¥3.91. The fair value is estimated to be CN¥5.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has grown by 51%. Annuncio • Dec 30
Shenzhen Sea Star Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Shenzhen Sea Star Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 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 6.7% 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: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.02 (in line with 3Q 2022). Revenue: CN¥159.8m (up 18% from 3Q 2022). Net income: CN¥11.3m (down 2.8% from 3Q 2022). Profit margin: 7.1% (down from 8.6% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 173% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 15
Second quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.18 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.01 (down from CN¥0.18 in 2Q 2022). Revenue: CN¥147.5m (down 8.8% from 2Q 2022). Net income: CN¥5.96m (down 94% from 2Q 2022). Profit margin: 4.0% (down from 64% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Annuncio • Jul 01
Shenzhen Sea Star Technology Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Shenzhen Sea Star Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Annuncio • Jun 10
Shenzhen Sea Star Technology Co., Ltd. Approves Election of Zhang Yongde as Independent Directors Shenzhen Sea Star Technology Co., Ltd. at its EGM held on June 8, 2023 approved election of Zhang Yongde as independent directors. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.03 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.03 (in line with 1Q 2022). Revenue: CN¥143.0m (down 31% from 1Q 2022). Net income: CN¥17.3m (flat on 1Q 2022). Profit margin: 12% (up from 8.4% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Huaquan Liang is the most experienced director on the board, commencing their role in 2016. Independent Director Tao Xiang Nan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.052 (vs CN¥0.029 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.052 (up from CN¥0.029 in 3Q 2021). Revenue: CN¥155.1m (down 38% from 3Q 2021). Net income: CN¥30.1m (up 79% from 3Q 2021). Profit margin: 19% (up from 6.7% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Sep 16
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Huaquan Liang is the most experienced director on the board, commencing their role in 2016. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.028 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.028 in 2Q 2021). Revenue: CN¥161.7m (down 30% from 2Q 2021). Net income: CN¥103.6m (up CN¥87.5m from 2Q 2021). Profit margin: 64% (up from 6.9% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.03 (up from CN¥0.023 in 1Q 2021). Revenue: CN¥206.2m (flat on 1Q 2021). Net income: CN¥17.4m (up 33% from 1Q 2021). Profit margin: 8.4% (up from 6.3% in 1Q 2021). Revenue missed analyst estimates by 33%. Earnings per share (EPS) also missed analyst estimates by 42%. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.029 (vs CN¥0.011 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥249.9m (up 11% from 3Q 2020). Net income: CN¥16.8m (up 171% from 3Q 2020). Profit margin: 6.7% (up from 2.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.028 (vs CN¥0.038 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥232.0m (down 21% from 2Q 2020). Net income: CN¥16.1m (down 27% from 2Q 2020). Profit margin: 6.9% (down from 7.5% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.023 (vs CN¥0.037 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥206.4m (down 2.1% from 1Q 2020). Net income: CN¥13.0m (down 39% from 1Q 2020). Profit margin: 6.3% (down from 10% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥5.36 The company is down 24% from its price of CN¥7.09 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥5.55 The company is down 25% from its price of CN¥7.39 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 6.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥5.99 The company is down 17% from its price of CN¥7.21 on 29 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 Software industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥6.74 The company is down 12% from its price of CN¥7.68 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 4.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥7.02 The company is down 16% from its price of CN¥8.40 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 12% over the same period. Annuncio • Oct 20
Shen Zhen Mindata Holding Co., Ltd to Report Q3, 2020 Results on Oct 27, 2020 Shen Zhen Mindata Holding Co., Ltd announced that they will report Q3, 2020 results on Oct 27, 2020 Is New 90 Day High Low • Sep 25
New 90-day low: CN¥7.38 The company is down 1.0% from its price of CN¥7.45 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 4.0% over the same period. Annuncio • Aug 02
Shen Zhen Mindata Holding Co., Ltd to Report First Half, 2020 Results on Aug 25, 2020 Shen Zhen Mindata Holding Co., Ltd announced that they will report first half, 2020 results on Aug 25, 2020