Annuncio • Apr 15
Beijing Forever Technology Co., Ltd., Annual General Meeting, May 06, 2026 Beijing Forever Technology Co., Ltd., Annual General Meeting, May 06, 2026, at 14:30 China Standard Time. Location: 18F, Tower A, No. 138, Andingmenwai Avenue, Dongcheng District, Beijing China Annuncio • Mar 31
Beijing Forever Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Beijing Forever Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Annuncio • Dec 31
Beijing Forever Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 Beijing Forever Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Annuncio • Sep 30
Beijing Forever Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Beijing Forever Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Annuncio • Jul 02
Beijing Forever Technology Co., Ltd. to Report First Half, 2025 Results on Aug 20, 2025 Beijing Forever Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 20, 2025 Annuncio • Apr 20
Beijing Forever Technology Co., Ltd., Annual General Meeting, May 09, 2025 Beijing Forever Technology Co., Ltd., Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: 18F, Tower A, No. 138, Andingmenwai Avenue, Dongcheng District, Beijing China Annuncio • Mar 31
Beijing Forever Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Beijing Forever Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Annuncio • Dec 31
Beijing Forever Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Beijing Forever Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Annuncio • Dec 07
Beijing Forever Technology Co., Ltd. Approves the Election of Wang Lingjing as Non-Employee Supervisor Beijing Forever Technology Co., Ltd. at its Extraordinary General Meeting held on 5 December 2024, approved the election of Wang Lingjing as non-employee supervisor. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Non-Employee Supervisor Huan Li was the last 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: Insufficient board refreshment. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.005 (vs CN¥0.008 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.005 (down from CN¥0.008 in 3Q 2023). Revenue: CN¥104.9m (up 4.8% from 3Q 2023). Net income: CN¥2.97m (down 40% from 3Q 2023). Profit margin: 2.8% (down from 4.9% in 3Q 2023). Revenue is forecast to grow 18% 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, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. 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 7.7% 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 (7.7% average weekly change). Large one-off items impacting financial results. Annuncio • Sep 30
Beijing Forever Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Beijing Forever Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.01 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.007 (down from CN¥0.01 in 2Q 2023). Revenue: CN¥96.7m (down 24% from 2Q 2023). Net income: CN¥4.06m (down 34% from 2Q 2023). Profit margin: 4.2% (down from 4.9% in 2Q 2023). Revenue is forecast to grow 17% 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, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Annuncio • Jun 29
Beijing Forever Technology Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Beijing Forever Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Annuncio • May 25
Beijing Forever Technology Co., Ltd. Announces Final Profit Distribution Plan on A Shares for the Year 2023, Payable on 31 May 2024 Beijing Forever Technology Co., Ltd. announced final profit distribution plan to be implemented on A shares cash dividend/10 shares (tax included) of CNY 0.15000000 for the year 2023. Record date: 30 May 2024. Ex-date: 31 May 2024. Payment date: 31 May 2024. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.005 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.004 (down from CN¥0.005 in 1Q 2023). Revenue: CN¥112.4m (up 1.4% from 1Q 2023). Net income: CN¥2.25m (down 29% from 1Q 2023). Profit margin: 2.0% (down from 2.8% in 1Q 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. 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 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 64% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Annuncio • Mar 30
Beijing Forever Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Beijing Forever Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Annuncio • Mar 16
Beijing Forever Technology Co., Ltd., Annual General Meeting, Apr 08, 2024 Beijing Forever Technology Co., Ltd., Annual General Meeting, Apr 08, 2024, at 14:30 China Standard Time. Location: 12F, Tower A, No. 138, Andingmenwai Avenue, Dongcheng District, Beijing China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 annual report and its summary; to consider 2023 profit distribution plan; to consider 2024 remuneration for directors; to consider 2024 remuneration for supervisors; to consider 2024 application for comprehensive credit line to banks by the Company and its subsidiaries; to consider 2024 purchase of wealth management products with idle proprietary funds by the Company and its subsidiaries; and to consider other matters. Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.37 loss in FY 2022) Full year 2023 results: EPS: CN¥0.03 (up from CN¥0.37 loss in FY 2022). Revenue: CN¥828.8m (up 37% from FY 2022). Net income: CN¥17.9m (up CN¥237.2m from FY 2022). Profit margin: 2.2% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Annuncio • Dec 29
Beijing Forever Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 15, 2024 Beijing Forever Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 15, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.008 (vs CN¥0.019 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.008 (down from CN¥0.019 in 3Q 2022). Revenue: CN¥100.1m (down 1.0% from 3Q 2022). Net income: CN¥4.95m (down 58% from 3Q 2022). Profit margin: 4.9% (down from 12% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.044 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.01 (down from CN¥0.044 in 2Q 2022). Revenue: CN¥127.0m (down 12% from 2Q 2022). Net income: CN¥6.18m (down 77% from 2Q 2022). Profit margin: 4.9% (down from 18% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. New Risk • Jul 13
New major risk - Revenue and earnings growth Earnings have declined by 47% 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 26
First quarter 2023 earnings released: EPS: CN¥0.005 (vs CN¥0.03 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.005 (up from CN¥0.03 loss in 1Q 2022). Revenue: CN¥110.8m (up 46% from 1Q 2022). Net income: CN¥3.16m (up CN¥21.3m from 1Q 2022). Profit margin: 2.8% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 39% 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, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Ning Jin was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.019 (vs CN¥0.029 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.019 (down from CN¥0.029 in 3Q 2021). Revenue: CN¥101.1m (down 5.0% from 3Q 2021). Net income: CN¥11.7m (down 34% from 3Q 2021). Profit margin: 12% (down from 17% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.044 (vs CN¥0.052 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.044 (down from CN¥0.052 in 2Q 2021). Revenue: CN¥144.8m (down 13% from 2Q 2021). Net income: CN¥26.4m (down 14% from 2Q 2021). Profit margin: 18% (in line with 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Board Change • Aug 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Ning Jin was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.10 (vs CN¥0.14 in FY 2020) Full year 2021 results: EPS: CN¥0.10 (down from CN¥0.14 in FY 2020). Revenue: CN¥872.2m (down 9.6% from FY 2020). Net income: CN¥57.9m (down 30% from FY 2020). Profit margin: 6.6% (down from 8.5% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 03
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥0.09 (down from CN¥0.14 in FY 2020). Revenue: CN¥730.4m (down 24% from FY 2020). Net income: CN¥51.6m (down 37% from FY 2020). Profit margin: 7.1% (down from 8.5% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 8.2%. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.029 (vs CN¥0.097 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥106.4m (down 61% from 3Q 2020). Net income: CN¥17.6m (down 70% from 3Q 2020). Profit margin: 17% (down from 22% in 3Q 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 24% share price decline to CN¥10.75, the stock trades at a trailing P/E ratio of 71.9x. Average trailing P/E is 49x in the Software industry in China. Total loss to shareholders of 11% over the past year. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥11.16, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 34x in the Software industry in China. Total loss to shareholders of 9.9% over the past year. Reported Earnings • Aug 28
Second quarter 2021 earnings released: EPS CN¥0.052 (vs CN¥0.047 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥166.2m (down 4.5% from 2Q 2020). Net income: CN¥30.9m (up 8.5% from 2Q 2020). Profit margin: 19% (up from 16% in 2Q 2020). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥8.45, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 36x in the Software industry in China. Total loss to shareholders of 26% over the past year. Reported Earnings • Apr 17
First quarter 2021 earnings released: EPS CN¥0.018 (vs CN¥0.01 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥125.1m (up 78% from 1Q 2020). Net income: CN¥10.6m (up 82% from 1Q 2020). Profit margin: 8.5% (up from 8.3% in 1Q 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Feb 06
New 90-day low: CN¥8.42 The company is down 34% from its price of CN¥12.73 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 7.0% over the same period. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥10.12, the stock is trading at a trailing P/E ratio of 23.7x, up from the previous P/E ratio of 20.3x. This compares to an average P/E of 54x in the Software industry in China. Total return to shareholders over the past year is a loss of 26%. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥8.88 The company is down 26% from its price of CN¥12.05 on 14 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 7.0% over the same period. Is New 90 Day High Low • Dec 27
New 90-day low: CN¥9.72 The company is down 9.0% from its price of CN¥10.70 on 28 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 5.0% over the same period.