Koal Software（603232）株式概要Koal Software Co., Ltd.は、中国で公開鍵基盤プラットフォームを開発しています。 詳細603232 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長5/6過去の実績0/6財務の健全性3/6配当金0/6報酬収益は年間69.78%増加すると予測されています リスク分析リスクチェックの結果、603232 、リスクは検出されなかった。すべてのリスクチェックを見る603232 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥16.53126.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-63m993m2016201920222025202620282031Revenue CN¥992.5mEarnings CN¥116.1mAdvancedSet Fair ValueView all narrativesKoal Software Co., Ltd. 競合他社Jilin University Zhengyuan Information TechnologiesSymbol: SZSE:003029Market cap: CN¥3.4bSurfilter Network TechnologySymbol: SZSE:300311Market cap: CN¥3.4bHaoyun TechnologiesLtdSymbol: SZSE:300448Market cap: CN¥4.5bDBAPPSecuritySymbol: SHSE:688023Market cap: CN¥3.8b価格と性能株価の高値、安値、推移の概要Koal Software過去の株価現在の株価CN¥16.5352週高値CN¥30.3952週安値CN¥13.99ベータ0.451ヶ月の変化-13.09%3ヶ月変化-27.63%1年変化6.92%3年間の変化-5.76%5年間の変化4.09%IPOからの変化114.87%最新ニュースReported Earnings • Apr 30Full year 2025 earnings released: CN¥0.36 loss per share (vs CN¥0.16 profit in FY 2024)Full year 2025 results: CN¥0.36 loss per share (down from CN¥0.16 profit in FY 2024). Revenue: CN¥357.6m (down 32% from FY 2024). Net loss: CN¥84.8m (down 330% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Apr 30Koal Software Co., Ltd., Annual General Meeting, May 21, 2026Koal Software Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: Floor A2, G60 Commercial Cryptography Industry Base, No. 1-7, Lane 58, Muchuan Road, Sijing Town, Songjiang District, Shanghai ChinaNew Risk • Apr 15New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin).お知らせ • Mar 30Koal Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Koal Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26Koal Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Koal Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.049 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.049 in 3Q 2024). Revenue: CN¥119.7m (down 14% from 3Q 2024). Net income: CN¥7.28m (down 41% from 3Q 2024). Profit margin: 6.1% (down from 8.9% in 3Q 2024). 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. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.最新情報をもっと見るRecent updatesReported Earnings • Apr 30Full year 2025 earnings released: CN¥0.36 loss per share (vs CN¥0.16 profit in FY 2024)Full year 2025 results: CN¥0.36 loss per share (down from CN¥0.16 profit in FY 2024). Revenue: CN¥357.6m (down 32% from FY 2024). Net loss: CN¥84.8m (down 330% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Apr 30Koal Software Co., Ltd., Annual General Meeting, May 21, 2026Koal Software Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: Floor A2, G60 Commercial Cryptography Industry Base, No. 1-7, Lane 58, Muchuan Road, Sijing Town, Songjiang District, Shanghai ChinaNew Risk • Apr 15New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin).お知らせ • Mar 30Koal Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Koal Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26Koal Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Koal Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.049 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.049 in 3Q 2024). Revenue: CN¥119.7m (down 14% from 3Q 2024). Net income: CN¥7.28m (down 41% from 3Q 2024). Profit margin: 6.1% (down from 8.9% in 3Q 2024). 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. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.New Risk • Oct 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% 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: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin).お知らせ • Sep 30Koal Software Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Koal Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025Reported Earnings • Aug 20Second quarter 2025 earnings released: CN¥0.093 loss per share (vs CN¥0.005 profit in 2Q 2024)Second quarter 2025 results: CN¥0.093 loss per share (down from CN¥0.005 profit in 2Q 2024). Revenue: CN¥70.0m (down 52% from 2Q 2024). Net loss: CN¥22.5m (down CN¥23.6m from profit in 2Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 12% per year.お知らせ • Jun 30Koal Software Co., Ltd. to Report First Half, 2025 Results on Aug 20, 2025Koal Software Co., Ltd. announced that they will report first half, 2025 results on Aug 20, 2025Declared Dividend • Jun 22Dividend reduced to CN¥0.05Dividend of CN¥0.05 is 17% lower than last year. Ex-date: 25th June 2025 Payment date: 25th June 2025 Dividend yield will be 0.4%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 203% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • May 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% 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.Major Estimate Revision • May 02Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥739.2m to CN¥642.1m. EPS estimate fell from CN¥0.43 to CN¥0.37 per share. Net income forecast to grow 154% next year vs 59% growth forecast for Software industry in China. Consensus price target down from CN¥23.65 to CN¥16.00. Share price was steady at CN¥12.86 over the past week.Reported Earnings • Apr 27First quarter 2025 earnings released: CN¥0.22 loss per share (vs CN¥0.22 loss in 1Q 2024)First quarter 2025 results: CN¥0.22 loss per share (in line with 1Q 2024). Revenue: CN¥45.7m (down 5.9% from 1Q 2024). Net loss: CN¥50.2m (loss narrowed 2.5% from 1Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. 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 9% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 26Koal Software Co., Ltd., Annual General Meeting, May 16, 2025Koal Software Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: Floor A2, G60 Commercial Cryptography Industry Base, No. 1-7, Lane 58, Muchuan Road, Sijing Town, Songjiang District, Shanghai Chinaお知らせ • Mar 28Koal Software Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Koal Software Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025分析記事 • Feb 10Koal Software Co., Ltd. (SHSE:603232) Looks Just Right With A 26% Price JumpThose holding Koal Software Co., Ltd. ( SHSE:603232 ) shares would be relieved that the share price has rebounded 26...New Risk • Jan 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.2% 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 (9.2% average weekly change). Large one-off items impacting financial results.お知らせ • Dec 27Koal Software Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Koal Software Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025分析記事 • Oct 03Koal Software Co., Ltd.'s (SHSE:603232) Shares Leap 30% Yet They're Still Not Telling The Full StoryKoal Software Co., Ltd. ( SHSE:603232 ) shareholders have had their patience rewarded with a 30% share price jump in...お知らせ • Sep 30Koal Software Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Koal Software Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥12.57, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 10% over the past three years.Price Target Changed • Aug 30Price target increased by 9.4% to CN¥19.25Up from CN¥17.60, the current price target is provided by 1 analyst. New target price is 91% above last closing price of CN¥10.06. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.16 last year.Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.005 (vs CN¥0.04 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.005 (up from CN¥0.04 loss in 2Q 2023). Revenue: CN¥144.8m (up 54% from 2Q 2023). Net income: CN¥1.08m (up CN¥10.3m from 2Q 2023). Profit margin: 0.7% (up from net loss in 2Q 2023). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.New Risk • Jul 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.3% 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 (9.3% average weekly change). High level of non-cash earnings (26% accrual ratio).お知らせ • Jun 28Koal Software Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Koal Software Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • May 03There Are Some Reasons To Suggest That Koal Software's (SHSE:603232) Earnings Are A Poor Reflection Of ProfitabilityShareholders were pleased with the recent earnings report from Koal Software Co., Ltd. ( SHSE:603232 ). Investors...分析記事 • May 01After Leaping 26% Koal Software Co., Ltd. (SHSE:603232) Shares Are Not Flying Under The RadarKoal Software Co., Ltd. ( SHSE:603232 ) shares have continued their recent momentum with a 26% gain in the last month...お知らせ • Apr 29Koal Software Co., Ltd., Annual General Meeting, May 17, 2024Koal Software Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: Floor A2, G60 Commercial Cryptography Industry Base, No. 1-7, Lane 58, Muchuan Road, Sijing Town, Songjiang District, Shanghai ChinaReported Earnings • Apr 28First quarter 2024 earnings released: CN¥0.22 loss per share (vs CN¥0.18 loss in 1Q 2023)First quarter 2024 results: CN¥0.22 loss per share (further deteriorated from CN¥0.18 loss in 1Q 2023). Revenue: CN¥48.5m (down 29% from 1Q 2023). Net loss: CN¥51.5m (loss widened 24% from 1Q 2023). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Mar 29Koal Software Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Koal Software Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024分析記事 • Mar 11Koal Software Co., Ltd. (SHSE:603232) Stock Rockets 26% As Investors Are Less Pessimistic Than ExpectedKoal Software Co., Ltd. ( SHSE:603232 ) shareholders are no doubt pleased to see that the share price has bounced 26...New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.3% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).お知らせ • Dec 29Koal Software Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Koal Software Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024お知らせ • Nov 09Koal Software Co., Ltd. (SHSE:603232) announces an Equity Buyback for CNY 30 million worth of its shares.Koal Software Co., Ltd. (SHSE:603232) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 19.63 per share. The shares purchased will be used for the company's equity incentive plan or employee stock ownership plans. The program will be funded out of the company's own funds. The program will be valid till 6 months.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.056 (vs CN¥0.011 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.056 (up from CN¥0.011 loss in 3Q 2022). Revenue: CN¥168.5m (flat on 3Q 2022). Net income: CN¥13.5m (up CN¥16.0m from 3Q 2022). Profit margin: 8.0% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 27Second quarter 2023 earnings released: CN¥0.04 loss per share (vs CN¥0.035 profit in 2Q 2022)Second quarter 2023 results: CN¥0.04 loss per share (down from CN¥0.035 profit in 2Q 2022). Revenue: CN¥94.3m (down 41% from 2Q 2022). Net loss: CN¥9.22m (down 218% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.お知らせ • May 18Koal Software Co., Ltd. announced a financing transactionKoal Software Co., Ltd. announced a private placement that it will receive round of funding on May 17, 2023. The company will issue common shares in the transaction. The transaction has been approved by the shareholders of the company.Reported Earnings • Apr 28First quarter 2023 earnings released: CN¥0.18 loss per share (vs CN¥0.24 loss in 1Q 2022)First quarter 2023 results: CN¥0.18 loss per share (improved from CN¥0.24 loss in 1Q 2022). Revenue: CN¥68.6m (down 50% from 1Q 2022). Net loss: CN¥41.7m (loss narrowed 26% from 1Q 2022). Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥16.62, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 45x in the Software industry in China. Total loss to shareholders of 27% over the past three years.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.40, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 35x in the Software industry in China. Total loss to shareholders of 25% over the past three years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yongji Xiao 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.Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 42% share price gain to CN¥16.78, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 30x in the Software industry in China. Total loss to shareholders of 4.7% over the past three years.Reported Earnings • Oct 26Third quarter 2022 earnings released: CN¥0.011 loss per share (vs CN¥0.009 profit in 3Q 2021)Third quarter 2022 results: CN¥0.011 loss per share (down from CN¥0.009 profit in 3Q 2021). Revenue: CN¥169.7m (up 53% from 3Q 2021). Net loss: CN¥2.53m (down 223% from profit in 3Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥11.67, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 32% over the past three years.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.035 (vs CN¥0.005 loss in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.035 (up from CN¥0.005 loss in 2Q 2021). Revenue: CN¥158.8m (up 53% from 2Q 2021). Net income: CN¥7.83m (up CN¥8.83m from 2Q 2021). Profit margin: 4.9% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 35%, compared to a 32% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CN¥0.24 loss per share (down from CN¥0.10 loss in 1Q 2021). Revenue: CN¥137.2m (up 88% from 1Q 2021). Net loss: CN¥55.9m (loss widened 134% from 1Q 2021). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 39%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥17.20, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 32x in the Software industry in China. Total returns to shareholders of 73% over the past three years.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.009 (vs CN¥0.005 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥110.8m (up 73% from 3Q 2020). Net income: CN¥2.05m (up 76% from 3Q 2020). Profit margin: 1.9% (up from 1.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Reported Earnings • Aug 25Second quarter 2021 earnings released: CN¥0.005 loss per share (vs CN¥0.037 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥103.9m (up 69% from 2Q 2020). Net loss: CN¥1.00m (loss narrowed 87% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.32 (vs CN¥0.41 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥444.8m (up 20% from FY 2019). Net income: CN¥57.1m (down 19% from FY 2019). Profit margin: 13% (down from 19% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Mar 12New 90-day low: CN¥17.20The company is down 42% from its price of CN¥29.60 on 11 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥11.00 per share.Is New 90 Day High Low • Jan 21New 90-day low: CN¥22.15The company is down 19% from its price of CN¥27.26 on 23 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥10.83 per share.Is New 90 Day High Low • Dec 28New 90-day low: CN¥26.02The company is down 13% from its price of CN¥29.88 on 29 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 Software industry, which is down 4.0% over the same period.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥41.8m, down 24% from the prior year. Total revenue was CN¥394.9m over the last 12 months, up 30% from the prior year.Is New 90 Day High Low • Oct 16New 90-day low: CN¥29.36The company is down 7.0% from its price of CN¥31.65 on 17 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.07 per share.Is New 90 Day High Low • Sep 28New 90-day low: CN¥29.58The company is down 4.0% from its price of CN¥30.80 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software 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¥3.13 per share.お知らせ • Sep 04Koal Software Co., Ltd. announced that it has received CNY 644.799984 million in funding from a group of investorsOn August 31, 2020, Koal Software Co., Ltd. (SHSE:603232) closed the transaction. The comp[any amended the terms of the transaction. The company issued 20,901,134 shares at an issue price of CNY 30.85 per share for CNY 644,799,984. The transaction included participation from E Fund Management Co., Ltd. for CNY 148,999,977.85, Caitong Fund Management Co., Ltd. for CNY 70,699,993.60, Harvest Fund Management Co., Ltd., CNY for 64,499,976.85 and individual investor Ling Chao for CNY 19,999,993.30. All issued shares will have a lock up period of 12 months since issuance date. The company paid issuance costs of CNY 8,844,116.58 brining the net proceeds to CNY 635,955,867.32. Of the total proceeds, CNY 20,901,134.00 is included in the registered capital and CNY 615,054,733.32 in reserve. The company completed its registration and custody procedures of the shares at the Shanghai Branch of China Securities Depository and Clearing Corporation Limited.お知らせ • Jul 10Koal Software Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Koal Software Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020株主還元603232CN SoftwareCN 市場7D-4.5%-0.5%4.4%1Y6.9%-5.8%30.9%株主還元を見る業界別リターン: 603232過去 1 年間で-5.8 % の収益を上げたCN Software業界を上回りました。リターン対市場: 603232は、過去 1 年間で30.9 % のリターンを上げたCN市場を下回りました。価格変動Is 603232's price volatile compared to industry and market?603232 volatility603232 Average Weekly Movement7.9%Software Industry Average Movement7.0%Market Average Movement6.7%10% most volatile stocks in CN Market10.6%10% least volatile stocks in CN Market4.4%安定した株価: 603232 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 603232の 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1998585Ye Fengwww.koal.comKoal Software Co., Ltd.は中国で公開鍵基盤プラットフォームを開発。同社は、ルート証明書発行、証明書発行、証明書登録監査システム、鍵および証明書統合管理、信頼されたID管理および制御システムなどのIDセキュリティインフラ、タイムスタンプおよび署名検証サーバー、電子署名システムなどの暗号サービスプラットフォーム、セキュア認証、SSLアプリケーション配信、API、シングルサインオンゲートウェイ、アカウント管理システムなどの認証およびアクセス制御製品を提供しています。また、LANアクセス・コントロール、エンドポイント・セキュリティ・ログイン・システム、ファイル保護システムなどのエンドポイント・セキュリティおよびアクセス・コントロール製品、セキュアEメール、インターネット・セーフ、ネット・シールド・セーフ、USBガーディアン、プリント・コントロール、セキュア・インスタント・メッセージング・システムなどのデータ・セキュリティおよびプライバシー保護製品も提供している。さらに、統合認証、端末セキュリティパスワードモジュール、モノのインターネットセキュリティ、証明書認証システム、モバイルセキュリティソリューションを提供している。公安、出入国、委員会、省庁、情報技術、金融、製造業、銀行、証券取引、金融機関、防衛分野の軍事産業グループにサービスを提供している。同社は1998年に設立され、中国の上海に本社を置いている。もっと見るKoal Software Co., Ltd. 基礎のまとめKoal Software の収益と売上を時価総額と比較するとどうか。603232 基礎統計学時価総額CN¥3.87b収益（TTM）-CN¥62.51m売上高(TTM)CN¥377.81m10.2xP/Sレシオ-61.9xPER（株価収益率603232 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計603232 損益計算書（TTM）収益CN¥377.81m売上原価CN¥192.41m売上総利益CN¥185.40mその他の費用CN¥247.91m収益-CN¥62.51m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.27グロス・マージン49.07%純利益率-16.55%有利子負債／自己資本比率3.0%603232 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.3%現在の配当利回り120%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/16 08:22終値2026/06/16 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Koal Software Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Ya Li GuoHuatai ResearchXin Jun MiaoTianfeng Securities Brokerage Co., Ltd
Reported Earnings • Apr 30Full year 2025 earnings released: CN¥0.36 loss per share (vs CN¥0.16 profit in FY 2024)Full year 2025 results: CN¥0.36 loss per share (down from CN¥0.16 profit in FY 2024). Revenue: CN¥357.6m (down 32% from FY 2024). Net loss: CN¥84.8m (down 330% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Apr 30Koal Software Co., Ltd., Annual General Meeting, May 21, 2026Koal Software Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: Floor A2, G60 Commercial Cryptography Industry Base, No. 1-7, Lane 58, Muchuan Road, Sijing Town, Songjiang District, Shanghai China
New Risk • Apr 15New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin).
お知らせ • Mar 30Koal Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Koal Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26Koal Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Koal Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.049 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.049 in 3Q 2024). Revenue: CN¥119.7m (down 14% from 3Q 2024). Net income: CN¥7.28m (down 41% from 3Q 2024). Profit margin: 6.1% (down from 8.9% in 3Q 2024). 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. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 30Full year 2025 earnings released: CN¥0.36 loss per share (vs CN¥0.16 profit in FY 2024)Full year 2025 results: CN¥0.36 loss per share (down from CN¥0.16 profit in FY 2024). Revenue: CN¥357.6m (down 32% from FY 2024). Net loss: CN¥84.8m (down 330% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Apr 30Koal Software Co., Ltd., Annual General Meeting, May 21, 2026Koal Software Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: Floor A2, G60 Commercial Cryptography Industry Base, No. 1-7, Lane 58, Muchuan Road, Sijing Town, Songjiang District, Shanghai China
New Risk • Apr 15New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin).
お知らせ • Mar 30Koal Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Koal Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26Koal Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Koal Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.049 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.049 in 3Q 2024). Revenue: CN¥119.7m (down 14% from 3Q 2024). Net income: CN¥7.28m (down 41% from 3Q 2024). Profit margin: 6.1% (down from 8.9% in 3Q 2024). 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. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% 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: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin).
お知らせ • Sep 30Koal Software Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Koal Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Reported Earnings • Aug 20Second quarter 2025 earnings released: CN¥0.093 loss per share (vs CN¥0.005 profit in 2Q 2024)Second quarter 2025 results: CN¥0.093 loss per share (down from CN¥0.005 profit in 2Q 2024). Revenue: CN¥70.0m (down 52% from 2Q 2024). Net loss: CN¥22.5m (down CN¥23.6m from profit in 2Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 12% per year.
お知らせ • Jun 30Koal Software Co., Ltd. to Report First Half, 2025 Results on Aug 20, 2025Koal Software Co., Ltd. announced that they will report first half, 2025 results on Aug 20, 2025
Declared Dividend • Jun 22Dividend reduced to CN¥0.05Dividend of CN¥0.05 is 17% lower than last year. Ex-date: 25th June 2025 Payment date: 25th June 2025 Dividend yield will be 0.4%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 203% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • May 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% 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.
Major Estimate Revision • May 02Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥739.2m to CN¥642.1m. EPS estimate fell from CN¥0.43 to CN¥0.37 per share. Net income forecast to grow 154% next year vs 59% growth forecast for Software industry in China. Consensus price target down from CN¥23.65 to CN¥16.00. Share price was steady at CN¥12.86 over the past week.
Reported Earnings • Apr 27First quarter 2025 earnings released: CN¥0.22 loss per share (vs CN¥0.22 loss in 1Q 2024)First quarter 2025 results: CN¥0.22 loss per share (in line with 1Q 2024). Revenue: CN¥45.7m (down 5.9% from 1Q 2024). Net loss: CN¥50.2m (loss narrowed 2.5% from 1Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. 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 9% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 26Koal Software Co., Ltd., Annual General Meeting, May 16, 2025Koal Software Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: Floor A2, G60 Commercial Cryptography Industry Base, No. 1-7, Lane 58, Muchuan Road, Sijing Town, Songjiang District, Shanghai China
お知らせ • Mar 28Koal Software Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Koal Software Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
分析記事 • Feb 10Koal Software Co., Ltd. (SHSE:603232) Looks Just Right With A 26% Price JumpThose holding Koal Software Co., Ltd. ( SHSE:603232 ) shares would be relieved that the share price has rebounded 26...
New Risk • Jan 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.2% 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 (9.2% average weekly change). Large one-off items impacting financial results.
お知らせ • Dec 27Koal Software Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Koal Software Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
分析記事 • Oct 03Koal Software Co., Ltd.'s (SHSE:603232) Shares Leap 30% Yet They're Still Not Telling The Full StoryKoal Software Co., Ltd. ( SHSE:603232 ) shareholders have had their patience rewarded with a 30% share price jump in...
お知らせ • Sep 30Koal Software Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Koal Software Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥12.57, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 10% over the past three years.
Price Target Changed • Aug 30Price target increased by 9.4% to CN¥19.25Up from CN¥17.60, the current price target is provided by 1 analyst. New target price is 91% above last closing price of CN¥10.06. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.16 last year.
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.005 (vs CN¥0.04 loss in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.005 (up from CN¥0.04 loss in 2Q 2023). Revenue: CN¥144.8m (up 54% from 2Q 2023). Net income: CN¥1.08m (up CN¥10.3m from 2Q 2023). Profit margin: 0.7% (up from net loss in 2Q 2023). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
New Risk • Jul 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.3% 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 (9.3% average weekly change). High level of non-cash earnings (26% accrual ratio).
お知らせ • Jun 28Koal Software Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Koal Software Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • May 03There Are Some Reasons To Suggest That Koal Software's (SHSE:603232) Earnings Are A Poor Reflection Of ProfitabilityShareholders were pleased with the recent earnings report from Koal Software Co., Ltd. ( SHSE:603232 ). Investors...
分析記事 • May 01After Leaping 26% Koal Software Co., Ltd. (SHSE:603232) Shares Are Not Flying Under The RadarKoal Software Co., Ltd. ( SHSE:603232 ) shares have continued their recent momentum with a 26% gain in the last month...
お知らせ • Apr 29Koal Software Co., Ltd., Annual General Meeting, May 17, 2024Koal Software Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: Floor A2, G60 Commercial Cryptography Industry Base, No. 1-7, Lane 58, Muchuan Road, Sijing Town, Songjiang District, Shanghai China
Reported Earnings • Apr 28First quarter 2024 earnings released: CN¥0.22 loss per share (vs CN¥0.18 loss in 1Q 2023)First quarter 2024 results: CN¥0.22 loss per share (further deteriorated from CN¥0.18 loss in 1Q 2023). Revenue: CN¥48.5m (down 29% from 1Q 2023). Net loss: CN¥51.5m (loss widened 24% from 1Q 2023). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 29Koal Software Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Koal Software Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
分析記事 • Mar 11Koal Software Co., Ltd. (SHSE:603232) Stock Rockets 26% As Investors Are Less Pessimistic Than ExpectedKoal Software Co., Ltd. ( SHSE:603232 ) shareholders are no doubt pleased to see that the share price has bounced 26...
New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.3% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
お知らせ • Dec 29Koal Software Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Koal Software Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
お知らせ • Nov 09Koal Software Co., Ltd. (SHSE:603232) announces an Equity Buyback for CNY 30 million worth of its shares.Koal Software Co., Ltd. (SHSE:603232) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 19.63 per share. The shares purchased will be used for the company's equity incentive plan or employee stock ownership plans. The program will be funded out of the company's own funds. The program will be valid till 6 months.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.056 (vs CN¥0.011 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.056 (up from CN¥0.011 loss in 3Q 2022). Revenue: CN¥168.5m (flat on 3Q 2022). Net income: CN¥13.5m (up CN¥16.0m from 3Q 2022). Profit margin: 8.0% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 27Second quarter 2023 earnings released: CN¥0.04 loss per share (vs CN¥0.035 profit in 2Q 2022)Second quarter 2023 results: CN¥0.04 loss per share (down from CN¥0.035 profit in 2Q 2022). Revenue: CN¥94.3m (down 41% from 2Q 2022). Net loss: CN¥9.22m (down 218% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
お知らせ • May 18Koal Software Co., Ltd. announced a financing transactionKoal Software Co., Ltd. announced a private placement that it will receive round of funding on May 17, 2023. The company will issue common shares in the transaction. The transaction has been approved by the shareholders of the company.
Reported Earnings • Apr 28First quarter 2023 earnings released: CN¥0.18 loss per share (vs CN¥0.24 loss in 1Q 2022)First quarter 2023 results: CN¥0.18 loss per share (improved from CN¥0.24 loss in 1Q 2022). Revenue: CN¥68.6m (down 50% from 1Q 2022). Net loss: CN¥41.7m (loss narrowed 26% from 1Q 2022). Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥16.62, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 45x in the Software industry in China. Total loss to shareholders of 27% over the past three years.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.40, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 35x in the Software industry in China. Total loss to shareholders of 25% over the past three years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yongji Xiao 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.
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 42% share price gain to CN¥16.78, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 30x in the Software industry in China. Total loss to shareholders of 4.7% over the past three years.
Reported Earnings • Oct 26Third quarter 2022 earnings released: CN¥0.011 loss per share (vs CN¥0.009 profit in 3Q 2021)Third quarter 2022 results: CN¥0.011 loss per share (down from CN¥0.009 profit in 3Q 2021). Revenue: CN¥169.7m (up 53% from 3Q 2021). Net loss: CN¥2.53m (down 223% from profit in 3Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥11.67, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 32% over the past three years.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.035 (vs CN¥0.005 loss in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.035 (up from CN¥0.005 loss in 2Q 2021). Revenue: CN¥158.8m (up 53% from 2Q 2021). Net income: CN¥7.83m (up CN¥8.83m from 2Q 2021). Profit margin: 4.9% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 35%, compared to a 32% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CN¥0.24 loss per share (down from CN¥0.10 loss in 1Q 2021). Revenue: CN¥137.2m (up 88% from 1Q 2021). Net loss: CN¥55.9m (loss widened 134% from 1Q 2021). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 39%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥17.20, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 32x in the Software industry in China. Total returns to shareholders of 73% over the past three years.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.009 (vs CN¥0.005 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥110.8m (up 73% from 3Q 2020). Net income: CN¥2.05m (up 76% from 3Q 2020). Profit margin: 1.9% (up from 1.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 25Second quarter 2021 earnings released: CN¥0.005 loss per share (vs CN¥0.037 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥103.9m (up 69% from 2Q 2020). Net loss: CN¥1.00m (loss narrowed 87% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.32 (vs CN¥0.41 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥444.8m (up 20% from FY 2019). Net income: CN¥57.1m (down 19% from FY 2019). Profit margin: 13% (down from 19% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Mar 12New 90-day low: CN¥17.20The company is down 42% from its price of CN¥29.60 on 11 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥11.00 per share.
Is New 90 Day High Low • Jan 21New 90-day low: CN¥22.15The company is down 19% from its price of CN¥27.26 on 23 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥10.83 per share.
Is New 90 Day High Low • Dec 28New 90-day low: CN¥26.02The company is down 13% from its price of CN¥29.88 on 29 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 Software industry, which is down 4.0% over the same period.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥41.8m, down 24% from the prior year. Total revenue was CN¥394.9m over the last 12 months, up 30% from the prior year.
Is New 90 Day High Low • Oct 16New 90-day low: CN¥29.36The company is down 7.0% from its price of CN¥31.65 on 17 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.07 per share.
Is New 90 Day High Low • Sep 28New 90-day low: CN¥29.58The company is down 4.0% from its price of CN¥30.80 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software 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¥3.13 per share.
お知らせ • Sep 04Koal Software Co., Ltd. announced that it has received CNY 644.799984 million in funding from a group of investorsOn August 31, 2020, Koal Software Co., Ltd. (SHSE:603232) closed the transaction. The comp[any amended the terms of the transaction. The company issued 20,901,134 shares at an issue price of CNY 30.85 per share for CNY 644,799,984. The transaction included participation from E Fund Management Co., Ltd. for CNY 148,999,977.85, Caitong Fund Management Co., Ltd. for CNY 70,699,993.60, Harvest Fund Management Co., Ltd., CNY for 64,499,976.85 and individual investor Ling Chao for CNY 19,999,993.30. All issued shares will have a lock up period of 12 months since issuance date. The company paid issuance costs of CNY 8,844,116.58 brining the net proceeds to CNY 635,955,867.32. Of the total proceeds, CNY 20,901,134.00 is included in the registered capital and CNY 615,054,733.32 in reserve. The company completed its registration and custody procedures of the shares at the Shanghai Branch of China Securities Depository and Clearing Corporation Limited.
お知らせ • Jul 10Koal Software Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Koal Software Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020
