Board Change • May 20
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. Chairman & GM Hao Peng is the most experienced director on the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Apr 20
Shenzhen Sunway Communication Co., Ltd., Annual General Meeting, May 08, 2026 Shenzhen Sunway Communication Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annuncio • Mar 31
Shenzhen Sunway Communication Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Shenzhen Sunway Communication Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Annuncio • Mar 14
Shenzhen Sunway Communication Co., Ltd. announced that it expects to receive CNY 6 billion in funding Shenzhen Sunway Communication Co., Ltd. announced private placement to issue not more than 290,270,591 shares for gross proceeds of not more than CNY 6,000,000,000 on March 13, 2026. The transaction will include participation from not more than 235 investors, that will include qualified fund management companies, securities companies, trust companies, finance companies, insurance institutional investors, qualified foreign institutional investors (QFIIs), CNY qualified foreign institutional investors (RQFIIs), and other legal persons, natural persons, or other institutional investors that meet the requirements of laws and regulations The company also announced that among these investors if a fund management company, securities company, wealth management company, insurance company, QFII, or RQFII subscribes with two or more products under its management, it will be considered as one subscriber. Trust companies, as subscribers, can only subscribe with their own funds. The number of shares to be issued to specific targets will be determined by dividing the total amount of funds raised by the issue price, and will not exceed 30% of the company's total share capital before this issuance. The pricing benchmark date for this private placement of shares is the first day of the issuance period. The issuance price will not be lower than 80% of the average trading price of the company's shares in the twenty trading days prior to the pricing benchmark date. If the company undergoes any ex-rights or ex-dividend events between the pricing benchmark date and the issuance date, the issuance price will be adjusted accordingly. Following the completion of this issuance, the shares subscribed by the subscribers shall not be transferred within six months from the date of completion of the issuance. The transaction is approved by board of directors of the company in its third meeting of the sixth board of directors of the company. The transaction, issuance plan and the final maximum number of shares to be issued is subject to approval of shareholders in company's shareholders' meeting, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission (CSRC) before it can be implemented. The final issuance plan shall be subject to the plan approved and registered by the CSRC. Annuncio • Dec 31
Shenzhen Sunway Communication Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Shenzhen Sunway Communication Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Annuncio • Sep 30
Shenzhen Sunway Communication Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shenzhen Sunway Communication Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Annuncio • Sep 08
Shenzhen Sunway Communication Co., Ltd. Approves Board Appointments Shenzhen Sunway Comm Technology Co., Ltd. at its 2nd Extraordinary General Meeting of 2025 on 05 September 2025 approved Peng Yufei, non-independent director; Zhou Jinjun, non-independent director and Li Li, independent director; Li Tianming, independent director and Xia Jun as independent director. Annuncio • Jul 02
Shenzhen Sunway Communication Co., Ltd. to Report First Half, 2025 Results on Aug 15, 2025 Shenzhen Sunway Communication Co., Ltd. announced that they will report first half, 2025 results on Aug 15, 2025 Annuncio • Jun 05
Shenzhen Sunway Communication Co., Ltd., Annual General Meeting, Jun 26, 2025 Shenzhen Sunway Communication Co., Ltd., Annual General Meeting, Jun 26, 2025, at 14:00 China Standard Time. Location: 2F, North Area, Building A, No. 2, Kefeng Road, Science Park, Nanshan District, Shenzhen, Guangdong China Annuncio • Mar 31
Shenzhen Sunway Communication Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen Sunway Communication Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Annuncio • Dec 31
Shenzhen Sunway Communication Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Shenzhen Sunway Communication Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥29.23, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 32x in the Communications industry in China. Total returns to shareholders of 15% over the past three years. New Risk • Oct 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 87% 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 (10% average weekly change). Large one-off items impacting financial results. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.34 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.34 (up from CN¥0.34 in 3Q 2023). Revenue: CN¥2.65b (up 18% from 3Q 2023). Net income: CN¥330.5m (up 2.1% from 3Q 2023). Profit margin: 13% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥23.30, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 8.6% over the past three years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to CN¥23.20, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 4.1% over the past three years. Annuncio • Sep 30
Shenzhen Sunway Communication Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shenzhen Sunway Communication Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Annuncio • Aug 23
Shenzhen Sunway Communication Co., Ltd. (SZSE:300136) announces an Equity Buyback for CNY 400 million worth of its shares. Shenzhen Sunway Communication Co., Ltd. (SZSE:300136) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its shares. The shares will be repurchased at a price no more than CNY 25 per share. Repurchased will be funded using company's own funds. Repurchased shares will be used for employee stock ownership plans and/or equity incentive plans. The program is valid for 12 months. Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: CN¥0.053 (vs CN¥0.05 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.053 (up from CN¥0.05 in 2Q 2023). Revenue: CN¥1.89b (up 17% from 2Q 2023). Net income: CN¥51.1m (up 5.6% from 2Q 2023). Profit margin: 2.7% (down from 3.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year. New Risk • Jul 18
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. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥21.28, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Communications industry in China. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.84 per share. Annuncio • Jun 29
Shenzhen Sunway Communication Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024 Shenzhen Sunway Communication Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024 Declared Dividend • Jun 10
Dividend increased to CN¥0.10 Dividend of CN¥0.10 is 100% higher than last year. Ex-date: 14th June 2024 Payment date: 14th June 2024 Dividend yield will be 0.6%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 23% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 106% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jun 08
Shenzhen Sunway Communication Co., Ltd. Announces Dividend of A Shares for the Year 2023, Payable on 14 June 2024 Shenzhen Sunway Communication Co., Ltd. announced cash dividend/10 shares (tax included) of CNY 1.00000000 of A shares for the year 2023. Record date is 13 June 2024. Ex-date is 14 June 2024. Payment date is 14 June 2024. New Risk • Apr 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 33% 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. This is currently the only risk that has been identified for the company. Annuncio • Apr 24
Shenzhen Sunway Communication Co., Ltd., Annual General Meeting, May 16, 2024 Shenzhen Sunway Communication Co., Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: 2F, North Area, Building A, No. 2, Kefeng Road, Science Park, Nanshan District, Shenzhen, Guangdong China Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.15 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.16 (up from CN¥0.15 in 1Q 2023). Revenue: CN¥1.86b (up 7.0% from 1Q 2023). Net income: CN¥151.7m (up 4.5% from 1Q 2023). Profit margin: 8.2% (down from 8.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year. Annuncio • Mar 30
Shenzhen Sunway Communication Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Shenzhen Sunway Communication Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥15.72, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Communications industry in China. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.81 per share. Annuncio • Dec 30
Shenzhen Sunway Communication Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Shenzhen Sunway Communication Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.43 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.34 (down from CN¥0.43 in 3Q 2022). Revenue: CN¥2.25b (down 9.5% from 3Q 2022). Net income: CN¥323.8m (down 22% from 3Q 2022). Profit margin: 14% (down from 17% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 20% per year. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥25.02, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 27x in the Communications industry in China. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.11 per share. New Risk • Oct 04
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 6.0% 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. This is currently the only risk that has been identified for the company. Annuncio • Sep 30
Shenzhen Sunway Communication Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Shenzhen Sunway Communication Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥19.76, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Communications industry in China. Total loss to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.80 per share. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.065 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.05 (down from CN¥0.065 in 2Q 2022). Revenue: CN¥1.61b (down 9.6% from 2Q 2022). Net income: CN¥48.4m (down 23% from 2Q 2022). Profit margin: 3.0% (down from 3.5% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Buying Opportunity • Aug 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.3%. The fair value is estimated to be CN¥22.34, 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 declined by 19%. Revenue is forecast to grow by 30% in 2 years. Earnings is forecast to grow by 61% in the next 2 years. Annuncio • May 26
Shenzhen Sunway Communication Co., Ltd Approves Final Cash Dividend for 2022 Shenzhen Sunway Communication Co., Ltd. Annual General Meeting of 2022 on 22 May 2023, approved Cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2022. Board Change • Nov 16
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. 10 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Executive Deputy GM & Director Huilin Wu was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.32 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.43 (up from CN¥0.32 in 3Q 2021). Revenue: CN¥2.48b (up 7.3% from 3Q 2021). Net income: CN¥417.4m (up 37% from 3Q 2021). Profit margin: 17% (up from 13% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. 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 26% per year. Reported Earnings • Jul 31
Second quarter 2022 earnings released: EPS: CN¥0.065 (vs CN¥0.059 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.065 (up from CN¥0.059 in 2Q 2021). Revenue: CN¥1.78b (up 23% from 2Q 2021). Net income: CN¥62.9m (up 10.0% from 2Q 2021). Profit margin: 3.5% (down from 4.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 28% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.12 in 1Q 2021). Revenue: CN¥1.91b (up 19% from 1Q 2021). Net income: CN¥121.0m (up 5.0% from 1Q 2021). Profit margin: 6.3% (down from 7.1% in 1Q 2021). Over the next year, revenue is forecast to grow 20%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 20% per year. Board Change • Apr 27
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. 11 experienced directors. 1 highly experienced director. Employee Representative to the Supervisory Board Li Na Guan was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.43 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥2.31b (up 30% from 3Q 2020). Net income: CN¥305.5m (down 27% from 3Q 2020). Profit margin: 13% (down from 23% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥25.86, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 29x in the Communications industry in China. Total loss to shareholders of 24% over the past three years. Reported Earnings • Jul 21
Second quarter 2021 earnings released: EPS CN¥0.059 (vs CN¥0.28 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.44b (down 4.6% from 2Q 2020). Net income: CN¥57.2m (down 79% from 2Q 2020). Profit margin: 4.0% (down from 18% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year. Reported Earnings • Apr 26
First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.065 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.61b (up 54% from 1Q 2020). Net income: CN¥115.2m (up 84% from 1Q 2020). Profit margin: 7.1% (up from 6.0% 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 2% per year whereas the company’s share price has fallen by 2% per year. Is New 90 Day High Low • Mar 16
New 90-day low: CN¥27.56 The company is down 31% from a price of CN¥40.10 on 16 December 2020. Underperformed the Chinese market, which is down 2.0% over the last 90 days. Lagged the Communications industry, which is down 17% over the same period. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.76 per share. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥28.86, the stock is trading at a trailing P/E ratio of 29.7x, down from the previous P/E ratio of 35.2x. This compares to an average P/E of 50x in the Communications industry in China. Total return to shareholders over the past three years is a loss of 28%. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥31.79 The company is down 33% from its price of CN¥47.50 on 30 October 2020. The Chinese market is up 9.0% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥27.65 per share. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥40.91, the stock is trading at a trailing P/E ratio of 42.2x, up from the previous P/E ratio of 35.8x. This compares to an average P/E of 55x in the Communications industry in China. Total return to shareholders over the past three years is a loss of 5.0%. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥36.17 The company is down 34% from its price of CN¥54.51 on 30 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 Communications industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥33.02 per share. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥44.12 The company is down 26% from its price of CN¥59.48 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥28.59 per share. Valuation Update With 7 Day Price Move • Nov 17
Market pulls back on stock over the past week After last week's 16% share price decline to CN¥44.40, the stock is trading at a trailing P/E ratio of 45.8x, down from the previous P/E ratio of 54.4x. This compares to an average P/E of 64x in the Communications industry in China. Total return to shareholders over the past three years is a loss of 26%. Is New 90 Day High Low • Nov 16
New 90-day low: CN¥44.97 The company is down 22% from its price of CN¥57.49 on 18 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 Communications industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥25.78 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥937.8m, down 1.7% from the prior year. Total revenue was CN¥5.90b over the last 12 months, up 20% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 29
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 1.2% at CN¥1.78b. Revenue is forecast to grow 52% over the next year, compared to a 29% growth forecast for the Communications industry in China.