Board Change • Aug 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. 5 experienced directors. 1 highly experienced director. Non-Independent Director Shouqiang Li was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 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 10% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (10% average weekly change). Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥12.93, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 36x in the Software industry in China. Total loss to shareholders of 7.8% over the past three years. Annuncio • Jun 30
Pansoft Company Limited to Report First Half, 2026 Results on Aug 27, 2026 Pansoft Company Limited announced that they will report first half, 2026 results on Aug 27, 2026 Annuncio • Dec 31
Pansoft Company Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Pansoft Company Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Annuncio • Sep 30
Pansoft Company Limited to Report Q3, 2025 Results on Oct 29, 2025 Pansoft Company Limited announced that they will report Q3, 2025 results on Oct 29, 2025 Annuncio • Jul 02
Pansoft Company Limited to Report First Half, 2025 Results on Aug 27, 2025 Pansoft Company Limited announced that they will report first half, 2025 results on Aug 27, 2025 Annuncio • Apr 24
Pansoft Company Limited Approves Cash Dividend for 2024 Pansoft Company Limited at its Annual General Meeting held on 21 April 2025 approved cash dividend of CNY 1.50000000 per 10 shares (tax included) for 2024. Annuncio • Apr 02
Pansoft Company Limited Proposes Final Cash Dividend for the Year 2024 Pansoft Company Limited announced on 01 April 2025 the profit distribution proposal for 2024: Cash dividend (tax included) of CNY 1.50000000 per 10 shares. Annuncio • Apr 01
Pansoft Company Limited, Annual General Meeting, Apr 21, 2025 Pansoft Company Limited, Annual General Meeting, Apr 21, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jinan, Shandong China Annuncio • Mar 31
Pansoft Company Limited to Report Q1, 2025 Results on Apr 29, 2025 Pansoft Company Limited announced that they will report Q1, 2025 results on Apr 29, 2025 Annuncio • Dec 31
Pansoft Company Limited to Report Fiscal Year 2024 Results on Apr 01, 2025 Pansoft Company Limited announced that they will report fiscal year 2024 results on Apr 01, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.008 (vs CN¥0.004 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.008 (up from CN¥0.004 in 3Q 2023). Revenue: CN¥101.8m (down 19% from 3Q 2023). Net income: CN¥1.54m (up 73% from 3Q 2023). Profit margin: 1.5% (up from 0.7% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to CN¥19.80, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 13% over the past year. Annuncio • Sep 30
Pansoft Company Limited to Report Q3, 2024 Results on Oct 24, 2024 Pansoft Company Limited announced that they will report Q3, 2024 results on Oct 24, 2024 Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.065 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.05 (up from CN¥0.065 loss in 2Q 2023). Revenue: CN¥114.5m (up 17% from 2Q 2023). Net income: CN¥10.1m (up CN¥23.2m from 2Q 2023). Profit margin: 8.8% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to CN¥17.99, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 30x in the Software industry in China. Total loss to shareholders of 45% over the past year. Annuncio • Jun 29
Pansoft Company Limited to Report First Half, 2024 Results on Aug 19, 2024 Pansoft Company Limited announced that they will report first half, 2024 results on Aug 19, 2024 Annuncio • Jun 20
Pansoft Company Limited Announces Cash Dividend on Share A for 2023, Payable on 26 June 2024 Pansoft Company Limited announced cash dividend/10 shares (tax included): CNY 1.00947000 on share A for 2023. Record date: 25 June 2024, Ex-date: 26 June 2024, Payment date: 26 June 2024. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥15.83, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 51% over the past year. Reported Earnings • Apr 15
Full year 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.80 in FY 2022) Full year 2023 results: EPS: CN¥0.31 (down from CN¥0.80 in FY 2022). Revenue: CN¥749.3m (up 7.9% from FY 2022). Net income: CN¥62.2m (down 61% from FY 2022). Profit margin: 8.3% (down from 23% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in China. Annuncio • Apr 13
Pansoft Company Limited, Annual General Meeting, May 10, 2024 Pansoft Company Limited, Annual General Meeting, May 10, 2024, at 14:30 China Standard Time. Annuncio • Mar 30
Pansoft Company Limited to Report Q1, 2024 Results on Apr 13, 2024 Pansoft Company Limited announced that they will report Q1, 2024 results on Apr 13, 2024 Board Change • Mar 30
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Guoqiang Lin 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. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥14.63, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 29x in the Software industry in China. Total loss to shareholders of 59% over the past year. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥12.05, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 22x in the Software industry in China. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥16.34, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 31x in the Software industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.08 per share. Buying Opportunity • Dec 25
Now 21% undervalued Over the last 90 days, the stock is up 2.0%. The fair value is estimated to be CN¥29.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 3.3%. Revenue is forecast to grow by 92% in 2 years. Earnings is forecast to grow by 180% in the next 2 years. Buying Opportunity • Nov 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be CN¥30.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 3.3%. Revenue is forecast to grow by 108% in 2 years. Earnings is forecast to grow by 207% in the next 2 years. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.017 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.004 (down from CN¥0.017 in 3Q 2022). Revenue: CN¥125.1m (up 33% from 3Q 2022). Net income: CN¥887.0k (down 76% from 3Q 2022). Profit margin: 0.7% (down from 3.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥21.58, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 33x in the Software industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.45 per share. Buying Opportunity • Oct 18
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be CN¥30.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last year, while earnings per share has been flat. Revenue is forecast to grow by 104% in 2 years. Earnings is forecast to grow by 178% in the next 2 years. Buying Opportunity • Sep 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 32%. The fair value is estimated to be CN¥30.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last year, while earnings per share has been flat. Revenue is forecast to grow by 104% in 2 years. Earnings is forecast to grow by 178% in the next 2 years. Buying Opportunity • Aug 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be CN¥30.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last year, while earnings per share has been flat. Revenue is forecast to grow by 104% in 2 years. Earnings is forecast to grow by 178% in the next 2 years. Reported Earnings • Aug 19
Second quarter 2023 earnings released: CN¥0.065 loss per share (vs CN¥0.12 profit in 2Q 2022) Second quarter 2023 results: CN¥0.065 loss per share (down from CN¥0.12 profit in 2Q 2022). Revenue: CN¥98.3m (down 13% from 2Q 2022). Net loss: CN¥13.1m (down 162% from profit in 2Q 2022). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Annuncio • Aug 02
Pansoft Company Limited Approves Executive Appointments Pansoft Company Limited at its 2nd Extraordinary General Meeting of 2023 held on 31 July 2023 approved Election of Lin Guoqiang and Li Shouqiang as non-independent directors. Election of Ren Yingchun, Hao Xingwei, Shi Guiquan as independent directors. Election of Yang Huamao and Zhang Yunjian as non-employee supervisors. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥35.72, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 41x in the Software industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.03 per share. Annuncio • May 11
Pansoft Company Limited Announces Final Cash Dividend on A Shares for the Year 2022, Payable on 16 May 2023 Pansoft Company Limited announced final cash dividend of CNY 3.00000000 per 10 shares (tax included) on A shares for the year 2022. Record date is 15 May 2023, Ex-date is 16 May 2023 and Payment date is 16 May 2023. Reported Earnings • Apr 19
Full year 2022 earnings released: EPS: CN¥1.12 (vs CN¥1.10 in FY 2021) Full year 2022 results: EPS: CN¥1.12 (up from CN¥1.10 in FY 2021). Revenue: CN¥694.3m (up 19% from FY 2021). Net income: CN¥158.4m (up 14% from FY 2021). Profit margin: 23% (in line with FY 2021). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Board Change • Mar 14
No independent 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. 3 highly experienced directors. No independent directors (5 non-independent directors). Deputy General Manager & Director Tingbing Zhang was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 
