Annuncio • Apr 15
TRS Information Technology Co., Ltd., Annual General Meeting, May 07, 2026 TRS Information Technology Co., Ltd., Annual General Meeting, May 07, 2026, at 14:00 China Standard Time. Location: 1F, Building 3, Yard No. 6, Jianfeng Road (Nanyan), Haidian District, Beijing China Annuncio • Mar 31
TRS Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 TRS Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Annuncio • Dec 31
TRS Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 TRS Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Annuncio • Sep 30
TRS Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 TRS Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 Annuncio • Jul 02
TRS Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 25, 2025 TRS Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 25, 2025 Annuncio • Apr 18
TRS Information Technology Co., Ltd., Annual General Meeting, May 09, 2025 TRS Information Technology Co., Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: 1F, Building 3, Yard No. 6, Jianfeng Road (Nanyan), Haidian District, Beijing China Annuncio • Mar 31
TRS Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025 TRS Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Annuncio • Dec 31
TRS Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 TRS Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.019 loss per share (vs CN¥0.059 loss in 3Q 2023) Third quarter 2024 results: CN¥0.019 loss per share (improved from CN¥0.059 loss in 3Q 2023). Revenue: CN¥222.0m (up 41% from 3Q 2023). Net loss: CN¥15.4m (loss narrowed 67% from 3Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. New Risk • Oct 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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 (3.6% net profit margin). Shareholders have been diluted in the past year (9.8% increase in shares outstanding). New Risk • Sep 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 7.6% 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: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin). Annuncio • Sep 30
TRS Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 TRS Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.041 (vs CN¥0.05 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.041 (down from CN¥0.05 in 2Q 2023). Revenue: CN¥218.9m (down 6.4% from 2Q 2023). Net income: CN¥32.6m (down 18% from 2Q 2023). Profit margin: 15% (down from 17% in 2Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. 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 • Jun 29
TRS Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 TRS Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • Jun 06
Dividend reduced to CN¥0.03 Dividend of CN¥0.03 is 25% lower than last year. Ex-date: 12th June 2024 Payment date: 12th June 2024 Dividend yield will be 0.2%, which is lower than the industry average of 0.8%. Board Change • May 29
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Founder, Chairman, CEO & GM Shuicai Shi was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.034 (vs CN¥0.041 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.034 (down from CN¥0.041 in 1Q 2023). Revenue: CN¥178.2m (down 15% from 1Q 2023). Net income: CN¥27.3m (down 9.7% from 1Q 2023). Profit margin: 15% (up from 14% in 1Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. New Risk • Apr 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 15,901% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin). Reported Earnings • Apr 11
Full year 2023 earnings released: EPS: CN¥0.047 (vs CN¥0.18 in FY 2022) Full year 2023 results: EPS: CN¥0.047 (down from CN¥0.18 in FY 2022). Revenue: CN¥781.7m (down 14% from FY 2022). Net income: CN¥36.5m (down 71% from FY 2022). Profit margin: 4.7% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Annuncio • Apr 10
TRS Information Technology Co., Ltd., Annual General Meeting, May 14, 2024 TRS Information Technology Co., Ltd., Annual General Meeting, May 14, 2024, at 14:00 China Standard Time. Location: 1F, Building 3, Yard No. 6, Jianfeng Road, Haidian District, Beijing China Annuncio • Mar 30
TRS Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 TRS Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Feb 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.4% net profit margin). Shareholders have been diluted in the past year (7.9% increase in shares outstanding). Board Change • Dec 30
High number of new directors Supervisor Shibin Xiao was the last director to join the board, commencing their role in 2022. Annuncio • Dec 30
TRS Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 10, 2024 TRS Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 10, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.059 loss per share (vs CN¥0.041 profit in 3Q 2022) Third quarter 2023 results: CN¥0.059 loss per share (down from CN¥0.041 profit in 3Q 2022). Revenue: CN¥156.9m (down 26% from 3Q 2022). Net loss: CN¥46.8m (down 261% from profit in 3Q 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Annuncio • Sep 30
TRS Information Technology Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 TRS Information Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 New Risk • Sep 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.075 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.05 (down from CN¥0.075 in 2Q 2022). Revenue: CN¥233.9m (flat on 2Q 2022). Net income: CN¥39.5m (down 26% from 2Q 2022). Profit margin: 17% (down from 23% in 2Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Annuncio • Aug 09
TRS Information Technology Co., Ltd. announced that it expects to receive CNY 1.8448167 billion in funding TRS Information Technology Co., Ltd. announced a private placement to issue not more than 238,587,585 A shares at an issue price of not less than 80% of the average price in the 20 trading days before the pricing reference date for the gross proceeds of not more than CNY 1,844,816,700 on August 7, 2023. The shares cannot be transferred within 6 months from the issuance closing date. The transaction will include participation from not more than 35 investors. The transaction has been approved in the 22nd Meeting of the Company’s 5th Directorate, and is subject to the approvals of the Company’s Shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. Annuncio • Jun 07
TRS Information Technology Co., Ltd. Implements Final Profit Distribution Plan of A Shares for 2022, Payable on 13 June 2023 TRS Information Technology Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.40000000. Record date: 12 June 2023, Ex-date: 13 June 2023, Payment date: 13 June 2023. Reported Earnings • Apr 15
First quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.029 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.041 (up from CN¥0.029 in 1Q 2022). Revenue: CN¥210.6m (up 11% from 1Q 2022). Net income: CN¥30.2m (up 44% from 1Q 2022). Profit margin: 14% (up from 11% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥25.14, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 41x in the Software industry in China. Total returns to shareholders of 129% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥23.62, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 38x in the Software industry in China. Total returns to shareholders of 136% over the past three years. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥16.18, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 37x in the Software industry in China. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥12.90, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 69x in the Software industry in China. Total returns to shareholders of 60% over the past three years. Board Change • Oct 31
High number of new directors Independent Director Fanghong Yu was the last director to join the board, commencing their role in 2022. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.041 (vs CN¥0.062 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.041 (down from CN¥0.062 in 3Q 2021). Revenue: CN¥211.9m (down 1.6% from 3Q 2021). Net income: CN¥29.1m (down 35% from 3Q 2021). Profit margin: 14% (down from 21% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.075 (vs CN¥0.059 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.075 (up from CN¥0.059 in 2Q 2021). Revenue: CN¥234.6m (down 1.2% from 2Q 2021). Net income: CN¥53.6m (up 27% from 2Q 2021). Profit margin: 23% (up from 18% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 27% per year. Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Fanghong Yu was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.029 (vs CN¥0.018 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.029 (up from CN¥0.018 in 1Q 2021). Revenue: CN¥190.4m (up 24% from 1Q 2021). Net income: CN¥21.0m (up 67% from 1Q 2021). Profit margin: 11% (up from 8.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 47%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 13
Third quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.067 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: CN¥215.3m (flat on 3Q 2020). Net income: CN¥44.5m (down 7.5% from 3Q 2020). Profit margin: 21% (down from 22% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.059 (vs CN¥0.047 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥237.5m (up 16% from 2Q 2020). Net income: CN¥42.2m (up 26% from 2Q 2020). Profit margin: 18% (up from 16% 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 46% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥11.59, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 49x in the Software industry in China. Total returns to shareholders of 71% over the past three years. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥11.09, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 36x in the Software industry in China. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥9.74, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 10% over the past year. Reported Earnings • Apr 14
First quarter 2021 earnings released: EPS CN¥0.018 (vs CN¥0.012 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥154.0m (up 11% from 1Q 2020). Net income: CN¥12.6m (up 47% from 1Q 2020). Profit margin: 8.2% (up from 6.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥9.89, the stock is trading at a trailing P/E ratio of 38.4x, up from the previous P/E ratio of 30.1x. This compares to an average P/E of 54x in the Software industry in China. Total returns to shareholders over the past three years are 7.1%. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥7.72 The company is down 29% from its price of CN¥10.81 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥8.89 The company is down 20% from its price of CN¥11.08 on 18 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 3.0% over the same period. Is New 90 Day High Low • Nov 28
New 90-day low: CN¥9.77 The company is down 16% from its price of CN¥11.64 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 11% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥184.6m, up 131% from the prior year. Total revenue was CN¥887.8m over the last 12 months, down 6.5% from the prior year.