Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.34 loss per share (vs CN¥0.14 loss in FY 2024) Full year 2025 results: CN¥0.34 loss per share (further deteriorated from CN¥0.14 loss in FY 2024). Revenue: CN¥295.3m (down 40% from FY 2024). Net loss: CN¥186.4m (loss widened 157% from FY 2024). 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 2% per year, which means it is well ahead of earnings. Annuncio • Apr 29
AVCON Information Technology Co., Ltd., Annual General Meeting, May 27, 2026 AVCON Information Technology Co., Ltd., Annual General Meeting, May 27, 2026, at 14:30 China Standard Time. Location: Building A6, No. 1688, Guoquan North Road, Yangpu District, Shanghai China Annuncio • Mar 31
AVCON Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 AVCON Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Annuncio • Dec 31
AVCON Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 AVCON Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.02 loss per share (vs CN¥0.01 profit in 3Q 2024) Third quarter 2025 results: CN¥0.02 loss per share (down from CN¥0.01 profit in 3Q 2024). Revenue: CN¥78.9m (down 35% from 3Q 2024). Net loss: CN¥10.8m (down 302% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year. Annuncio • Oct 15
AVCON Information Technology Co., Ltd. announced a financing transaction AVCON Information Technology Co., Ltd. announced a private placement to issue common shares on October 13, 2025. The transaction has been approved in 3rd Extraordinary General Meeting of 2025 Annuncio • Sep 30
AVCON Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 AVCON Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 27
Second quarter 2025 earnings released: CN¥0.036 loss per share (vs CN¥0.065 loss in 2Q 2024) Second quarter 2025 results: CN¥0.036 loss per share (improved from CN¥0.065 loss in 2Q 2024). Revenue: CN¥88.4m (up 109% from 2Q 2024). Net loss: CN¥19.7m (loss narrowed 42% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 02
AVCON Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 AVCON Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Annuncio • Apr 30
AVCON Information Technology Co., Ltd. Approves Director Appointments AVCON Information Technology Co., Ltd. at its EGM held on April 25, 2025, elected Jiang Mengheng, Tu Chunyong, Xie Bin, Lin Xingbin, non-independent director and Xu Hailong as non-independent directors and Zhang Xiang and Ren Hao as independent director. Reported Earnings • Apr 25
Full year 2024 earnings released: CN¥0.14 loss per share (vs CN¥0.021 profit in FY 2023) Full year 2024 results: CN¥0.14 loss per share (down from CN¥0.021 profit in FY 2023). Revenue: CN¥490.5m (down 7.7% from FY 2023). Net loss: CN¥72.6m (down CN¥83.5m from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annuncio • Apr 25
AVCON Information Technology Co., Ltd., Annual General Meeting, May 23, 2025 AVCON Information Technology Co., Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: Building A6, No. 1688, Guoquan North Road, Yangpu District, Shanghai China Annuncio • Mar 31
AVCON Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 AVCON Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 New Risk • Feb 13
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 8.5% 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 53% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Annuncio • Dec 31
AVCON Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 AVCON Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.003 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.01 (up from CN¥0.003 loss in 3Q 2023). Revenue: CN¥120.7m (up 8.4% from 3Q 2023). Net income: CN¥5.35m (up CN¥7.13m from 3Q 2023). Profit margin: 4.4% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Board Change • Oct 26
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Independent Director Chunmei Li was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 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 7.3% 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 58% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Annuncio • Sep 30
AVCON Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 AVCON Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: CN¥0.065 loss per share (vs CN¥0.014 loss in 2Q 2023) Second quarter 2024 results: CN¥0.065 loss per share (further deteriorated from CN¥0.014 loss in 2Q 2023). Revenue: CN¥42.2m (down 62% from 2Q 2023). Net loss: CN¥34.3m (loss widened 360% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jul 01
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 31% to CN¥3.22. The fair value is estimated to be CN¥4.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Meanwhile, the company became loss making. Annuncio • Jun 29
AVCON Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 AVCON Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Buy Or Sell Opportunity • Jun 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to CN¥3.27. The fair value is estimated to be CN¥4.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 06
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to CN¥3.11. The fair value is estimated to be CN¥4.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Meanwhile, the company became loss making. Annuncio • Apr 28
AVCON Information Technology Co., Ltd., Annual General Meeting, Jun 12, 2024 AVCON Information Technology Co., Ltd., Annual General Meeting, Jun 12, 2024, at 14:30 China Standard Time. Location: Building A6, No. 1688, Guoquan North Road, Yangpu District, Shanghai China Agenda: To approve 2023 work report of the board of directors; to approve 2023 work report of the supervisory committee; to approve 2023 annual report and its summary; to approve 2023 annual accounts report; to approve 2023 profit distribution plan; to approve reappointment of audit firm; and to consider other matter. Reported Earnings • Apr 27
First quarter 2024 earnings released: CN¥0.057 loss per share (vs CN¥0.005 loss in 1Q 2023) First quarter 2024 results: CN¥0.057 loss per share (further deteriorated from CN¥0.005 loss in 1Q 2023). Revenue: CN¥35.8m (down 63% from 1Q 2023). Net loss: CN¥30.2m (loss widened CN¥27.6m from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. New Risk • Apr 04
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 12% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 67% per year over the past 5 years. Annuncio • Mar 30
AVCON Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 AVCON Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Annuncio • Feb 21
AVCON Information Technology Co., Ltd. (SZSE:300074) announces an Equity Buyback for CNY 20 million worth of its shares. AVCON Information Technology Co., Ltd. (SZSE:300074) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at a price not more than CNY 5.59 per share. The repurchased shares will be used for Equity incentive. The authorization will be valid for a period of 12 months. New Risk • Feb 08
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 7.9% 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 67% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Annuncio • Dec 30
AVCON Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 AVCON Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.003 loss per share (vs CN¥0.025 loss in 3Q 2022) Third quarter 2023 results: CN¥0.003 loss per share (improved from CN¥0.025 loss in 3Q 2022). Revenue: CN¥111.4m (down 18% from 3Q 2022). Net loss: CN¥1.78m (loss narrowed 86% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.014 loss per share (vs CN¥0.038 loss in 2Q 2022) Second quarter 2023 results: CN¥0.014 loss per share (improved from CN¥0.038 loss in 2Q 2022). Revenue: CN¥110.4m (up 52% from 2Q 2022). Net loss: CN¥7.45m (loss narrowed 63% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.005 loss per share (vs CN¥0.005 loss in 1Q 2022) First quarter 2023 results: CN¥0.005 loss per share (in line with 1Q 2022). Revenue: CN¥97.5m (up 25% from 1Q 2022). Net loss: CN¥2.61m (loss narrowed 10% from 1Q 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. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. Supervisor Hongbo Ma is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.025 loss per share (vs CN¥0.028 loss in 3Q 2021) Third quarter 2022 results: CN¥0.025 loss per share (improved from CN¥0.028 loss in 3Q 2021). Revenue: CN¥135.5m (up 135% from 3Q 2021). Net loss: CN¥13.1m (loss narrowed 9.1% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Annuncio • May 19
AVCON Information Technology Co., Ltd., Annual General Meeting, Jun 20, 2022 AVCON Information Technology Co., Ltd., Annual General Meeting, Jun 20, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 annual report and its summary; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider Purchase of liability insurance for directors, supervisors and senior management; to consider Failure to meet the unlocking conditions of the 2nd unlocking period for the 2020 restricted stock incentive plan and repurchase and cancellation of restricted stocks; and to consider Termination of the 2021 restricted stock incentive plan. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.005 loss per share (up from CN¥0.015 loss in 1Q 2021). Revenue: CN¥78.1m (up 15% from 1Q 2021). Net loss: CN¥2.90m (loss narrowed 64% from 1Q 2021). Revenue missed analyst estimates by 25%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year. Board Change • Apr 27
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Supervisor Youzhao Ge is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 26
Third quarter 2021 earnings released: CN¥0.028 loss per share (vs CN¥0.026 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥57.8m (down 46% from 3Q 2020). Net loss: CN¥14.4m (down 204% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.025 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥126.0m (down 5.1% from 2Q 2020). Net income: CN¥5.22m (down 61% from 2Q 2020). Profit margin: 4.1% (down from 10% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥0.043 (vs CN¥0.035 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥445.3m (down 6.8% from FY 2019). Net income: CN¥22.7m (up 23% from FY 2019). Profit margin: 5.1% (up from 3.9% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 19% per year. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥3.44 The company is down 39% from its price of CN¥5.68 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. Annuncio • Jan 06
Shandong Jiangquan Industry Co.,Ltd (SHSE:600212) signed an agreement to acquire Beijing Xinhuo Technology Co., Ltd. from AVCON Information Technology Co., Ltd. (SZSE:300074). Shandong Jiangquan Industry Co.,Ltd (SHSE:600212) signed an agreement to acquire Beijing Xinhuo Technology Co., Ltd. from AVCON Information Technology Co., Ltd. (SZSE:300074) on January 4, 2021. In a related transaction, Shandong Jiangquan Industry Co.,Ltd (SHSE:600212) signed an agreement to acquire remaining 90% Beijing Xinhuo Technology Co., Ltd. from others. After negotiation between the two parties, the initial valuation of Xinhuo Technology is CNY 330 million, and the final valuation of Xinhuo Technology will be determined based on the due diligence of the intermediary team hired by Shandong Jiangquan Industry and the evaluation results determined by the evaluation report issued by the asset evaluation agency. The consideration will be paid in cash. Shandong Jiangquan Industry pays the equity transfer consideration under this agreement from the funds raised by proposed non-public issuance of stocks. Beijing Xinhuo Technology generated the revenue of CNY 39.9 million, operating profit of CNY 20.5 million, net profit of CNY 20.6 million, total assets of CNY 31.4 million and owners’ equity of CNY 58.9 million for the year end December 31, 2020. The transaction is subject to approval of the Board of Directors and shareholders of Shandong Jiangquan Industry and China Securities Regulatory Commission. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥4.02 The company is down 19% from its price of CN¥4.96 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: CN¥4.40 The company is down 17% from its price of CN¥5.27 on 18 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 Communications industry, which is down 9.0% over the same period. Is New 90 Day High Low • Nov 27
New 90-day low: CN¥4.81 The company is down 9.0% from its price of CN¥5.31 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Communications industry, which is also down 9.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥15.4m, down 37% from the prior year. Total revenue was CN¥491.9m over the last 12 months, up 6.0% from the prior year. Annuncio • Aug 11
AVCON Information Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 AVCON Information Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020