Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Liang Hao Wan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Apr 22
Jiangsu Eazytec Co., Ltd. announced that it expects to receive CNY 300 million in funding Jiangsu Eazytec Co., Ltd. announced a private placement of not more than 30% of total share capital A Shares of the company at a price per share of not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of CNY 300,000,000 on April 20, 2026. The transaction involves participation from not more than 35 investors. The transaction has been approved the 5th Meeting of the 5th Directorate and is subject to obtain approval in the Company’s Annual Shareholders Meeting of 2025. The shares cannot be transferred within 6 months from the issuance closing date. Annuncio • Apr 21
Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 14, 2026 Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: 19F, No. 298, Xingye Road, Yixing, Jiangsu China Annuncio • Mar 30
Jiangsu Eazytec Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Jiangsu Eazytec Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Annuncio • Dec 26
Jiangsu Eazytec Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Jiangsu Eazytec Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Annuncio • Sep 30
Jiangsu Eazytec Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 Jiangsu Eazytec Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 Annuncio • Jun 30
Jiangsu Eazytec Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Jiangsu Eazytec Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Annuncio • Apr 18
Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 13, 2025 Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 13, 2025, at 14:30 China Standard Time. Location: 19F, No. 298, Xingye Road, Yixing, Jiangsu China Annuncio • Mar 28
Jiangsu Eazytec Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Jiangsu Eazytec Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Annuncio • Dec 27
Jiangsu Eazytec Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Jiangsu Eazytec Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Buy Or Sell Opportunity • Nov 08
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 61% to CN¥34.34. The fair value is estimated to be CN¥27.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. Annuncio • Nov 07
Jiangsu Eazytec Co., Ltd. (SHSE:688258) announces an Equity Buyback for CNY 60 million worth of its shares. Jiangsu Eazytec Co., Ltd. (SHSE:688258) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be purchased at a price not exceeding CNY 44 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's sustainable development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for 12 months. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.028 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.007 (down from CN¥0.028 in 3Q 2023). Revenue: CN¥86.6m (down 12% from 3Q 2023). Net income: CN¥803.6k (down 76% from 3Q 2023). Profit margin: 0.9% (down from 3.4% in 3Q 2023). Annuncio • Sep 30
Jiangsu Eazytec Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Jiangsu Eazytec Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Annuncio • Sep 16
Jiangsu Eazytec Co., Ltd. (SHSE:688258) agreed to acquire remaining 48% stake in Appeon Technology (Shenzhen) Co., Ltd. for approximately CNY 270 million. Jiangsu Eazytec Co., Ltd. (SHSE:688258) agreed to acquire remaining 48% stake in Appeon Technology (Shenzhen) Co., Ltd. for approximately CNY 270 million on September 13, 2024. A cash consideration of CNY 273.28 million will be paid by Jiangsu Eazytec Co., Ltd. As part of consideration, CNY 273.28 million is paid towards common equity of Appeon Technology (Shenzhen) Co., Ltd. Upon completion, Jiangsu Eazytec Co., Ltd. will own 100% stake in Appeon Technology (Shenzhen) Co., Ltd.
The transaction is subject to approval of offer by acquirer board. The deal has been unanimously approved by the board. New Risk • Sep 09
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 (7.2% net profit margin). Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.35 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.35 in 2Q 2023). Revenue: CN¥86.3m (up 23% from 2Q 2023). Net income: CN¥2.36m (down 95% from 2Q 2023). Profit margin: 2.7% (down from 63% in 2Q 2023). Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥23.93, the stock trades at a trailing P/E ratio of 42.7x. Average trailing P/E is 41x in the IT industry in China. Total loss to shareholders of 49% over the past year. New Risk • Jul 31
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 7.2% 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 (7.2% average weekly change). Large one-off items impacting financial results. Buy Or Sell Opportunity • Jul 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to CN¥21.78. The fair value is estimated to be CN¥27.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 7.0%. New Risk • Jul 10
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Buy Or Sell Opportunity • Jul 08
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to CN¥29.75. The fair value is estimated to be CN¥38.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 7.0%. Buy Or Sell Opportunity • Jul 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to CN¥30.28. The fair value is estimated to be CN¥38.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 7.0%. Annuncio • Jun 29
Jiangsu Eazytec Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Jiangsu Eazytec Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.08 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.08 in 1Q 2023). Revenue: CN¥70.4m (up 8.9% from 1Q 2023). Net income: CN¥16.9m (up 150% from 1Q 2023). Profit margin: 24% (up from 11% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Annuncio • Apr 20
Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 15, 2024 Jiangsu Eazytec Co., Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: 19F, No. 298, Xingye Road, Yixing, Jiangsu China Annuncio • Mar 29
Jiangsu Eazytec Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Jiangsu Eazytec Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 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¥38.54, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 60x in the IT industry in China. Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: CN¥0.70 (vs CN¥0.59 in FY 2022) Full year 2023 results: EPS: CN¥0.70 (up from CN¥0.59 in FY 2022). Revenue: CN¥320.8m (up 14% from FY 2022). Net income: CN¥60.2m (up 18% from FY 2022). Profit margin: 19% (in line with FY 2022). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥36.52, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 45x in the IT industry in China. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥53.79, the stock trades at a trailing P/E ratio of 60.2x. Average trailing P/E is 59x in the IT industry in China. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥65.03, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 65x in the IT industry in China. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.038 (vs CN¥0.20 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.038 (down from CN¥0.20 in 3Q 2022). Revenue: CN¥98.2m (up 29% from 3Q 2022). Net income: CN¥3.34m (down 80% from 3Q 2022). Profit margin: 3.4% (down from 22% in 3Q 2022). Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥54.46, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 57x in the IT industry in China. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥58.98, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 57x in the IT industry in China. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.49 (vs CN¥0.016 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.49 (up from CN¥0.016 loss in 2Q 2022). Revenue: CN¥70.0m (up 30% from 2Q 2022). Net income: CN¥44.0m (up CN¥45.3m from 2Q 2022). Profit margin: 63% (up from net loss in 2Q 2022). Annuncio • Jun 28
Jiangsu Eazytec Co., Ltd. to Report First Half, 2023 Results on Aug 28, 2023 Jiangsu Eazytec Co., Ltd. announced that they will report first half, 2023 results on Aug 28, 2023 Board Change • Jun 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Jianzhong Xu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.