Buying Opportunity • May 23
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 75%. The fair value is estimated to be CN¥0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 95% over the last 3 years, while earnings per share has been flat. お知らせ • May 10
GI Technologies Group Co., LTD.(SZSE:300309) dropped from Shenzhen Stock Exchange A Share Index GI Technologies (Beijing) Co., Ltd. will be removed from Shenzhen Stock Exchange A Share Index Board Change • May 09
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. No highly experienced directors. Non-Independent Director Peng Hui Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Buying Opportunity • Apr 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 41%. The fair value is estimated to be CN¥1.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 96% over the last 3 years. Earnings per share has grown by 6.0%. Reported Earnings • Mar 30
Full year 2022 earnings released: CN¥1.17 loss per share (vs CN¥1.18 loss in FY 2021) Full year 2022 results: CN¥1.17 loss per share. Net loss: CN¥1.04b (loss widened 1.6% from FY 2021). Board Change • Jan 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. No highly experienced directors. Non-Independent Director Peng Hui Zhang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Nov 16
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. 4 experienced directors. No highly experienced directors. Supervisor Feng Song is the most experienced director on the board, commencing their role in 2019. 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 28
Third quarter 2022 earnings released: CN¥0.17 loss per share (vs CN¥0.22 loss in 3Q 2021) Third quarter 2022 results: CN¥0.17 loss per share (improved from CN¥0.22 loss in 3Q 2021). Net loss: CN¥159.5m (loss narrowed 19% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.13 loss per share (vs CN¥0.34 loss in 2Q 2021) Second quarter 2022 results: CN¥0.13 loss per share (up from CN¥0.34 loss in 2Q 2021). Revenue: CN¥42.7m (up 197% from 2Q 2021). Net loss: CN¥112.7m (loss narrowed 64% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 29
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.13 loss per share (down from CN¥0.11 loss in 1Q 2021). Net loss: CN¥111.6m (loss widened 18% from 1Q 2021). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) were also behind analyst expectations. 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 44% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
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. 4 experienced directors. No highly experienced directors. Supervisor Feng Song is the most experienced director on the board, commencing their role in 2019. 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¥0.22 loss per share (vs CN¥0.10 loss in 3Q 2020) The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: CN¥20.5m (up CN¥19.0m from 3Q 2020). Net loss: CN¥195.7m (loss widened 116% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: CN¥0.34 loss per share (vs CN¥0.26 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CN¥14.4m (down 179% from 2Q 2020). Net loss: CN¥312.1m (loss widened 28% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. お知らせ • May 27
GI Technologies Group Co., LTD. announced that it expects to receive CNY 547.5 million in funding GI Technologies Group Co., LTD. (SZSE:300309) announced a private placement of A shares for gross proceeds of CNY 547,500,000 on May 26, 2021. Reported Earnings • Apr 26
First quarter 2021 earnings released: CN¥0.11 loss per share (vs CN¥0.13 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥24.8m (up 279% from 1Q 2020). Net loss: CN¥94.9m (loss narrowed 13% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥2.29 The company is down 43% from its price of CN¥4.01 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥2.64 The company is down 33% from its price of CN¥3.94 on 25 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 Energy Services industry, which is down 3.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥3.20 The company is down 13% from its price of CN¥3.69 on 10 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 Energy Services industry, which is down 2.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.26b, with losses widening by 159% from the prior year. Total revenue was CN¥450.5m over the last 12 months, down 55% from the prior year. お知らせ • Aug 11
GI Technologies Group Co., LTD. to Report First Half, 2020 Results on Aug 27, 2020 GI Technologies Group Co., LTD. announced that they will report first half, 2020 results on Aug 27, 2020