View ValuationHangzhou Arcvideo Technology 将来の成長Future 基準チェック /56Hangzhou Arcvideo Technology利益と収益がそれぞれ年間108.5%と26.3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に5.4% 108.7%なると予測されています。主要情報108.5%収益成長率108.65%EPS成長率Software 収益成長33.9%収益成長率26.3%将来の株主資本利益率5.41%アナリストカバレッジLow最終更新日29 Apr 2026今後の成長に関する最新情報Price Target Changed • Aug 16Price target increased by 20% to CN¥51.64Up from CN¥43.11, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥53.11. Stock is up 160% over the past year. The company is forecast to post a net loss per share of CN¥0.045 next year compared to a net loss per share of CN¥0.91 last year.Price Target Changed • Apr 22Price target increased by 13% to CN¥45.64Up from CN¥40.45, the current price target is an average from 3 analysts. New target price is 49% above last closing price of CN¥30.64. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥0.25 next year compared to a net loss per share of CN¥0.85 last year.Price Target Changed • Apr 30Price target decreased by 12% to CN¥37.47Down from CN¥42.36, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥26.92. Stock is down 33% over the past year. The company is forecast to post a net loss per share of CN¥0.09 next year compared to a net loss per share of CN¥1.20 last year.Price Target Changed • Jan 02Price target increased by 16% to CN¥42.36Up from CN¥36.38, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥34.80. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥0.34 next year compared to a net loss per share of CN¥0.88 last year.Price Target Changed • Jun 28Price target increased by 16% to CN¥42.14Up from CN¥36.37, the current price target is an average from 2 analysts. New target price is 17% above last closing price of CN¥36.08. Stock is up 28% over the past year. The company is forecast to post earnings per share of CN¥0.56 next year compared to a net loss per share of CN¥0.88 last year.Price Target Changed • Nov 16Price target decreased to CN¥55.97Down from CN¥63.33, the current price target is an average from 2 analysts. New target price is 27% above last closing price of CN¥44.10. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥0.92 for next year compared to CN¥0.77 last year.すべての更新を表示Recent updatesお知らせ • Apr 22Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 13, 2026Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 13, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang ChinaReported Earnings • Apr 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.83 loss per share (improved from CN¥0.91 loss in FY 2024). Revenue: CN¥321.8m (up 5.0% from FY 2024). Net loss: CN¥91.3m (loss narrowed 11% from FY 2024). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 27% 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 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 30Hangzhou Arcvideo Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Hangzhou Arcvideo Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026Reported Earnings • Mar 02Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.80 loss per share (improved from CN¥0.91 loss in FY 2024). Revenue: CN¥348.7m (up 14% from FY 2024). Net loss: CN¥88.7m (loss narrowed 13% from FY 2024). Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 33% p.a. on average during the next 2 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 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Dec 26Hangzhou Arcvideo Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026Hangzhou Arcvideo Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026Reported Earnings • Oct 29Third quarter 2025 earnings released: CN¥0.20 loss per share (vs CN¥0.25 loss in 3Q 2024)Third quarter 2025 results: CN¥0.20 loss per share (improved from CN¥0.25 loss in 3Q 2024). Revenue: CN¥76.8m (up 50% from 3Q 2024). Net loss: CN¥15.5m (loss narrowed 44% from 3Q 2024). Revenue is forecast to grow 30% 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 remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • Sep 30Hangzhou Arcvideo Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Hangzhou Arcvideo Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Reported Earnings • Aug 25Second quarter 2025 earnings released: EPS: CN¥0.042 (vs CN¥0.16 loss in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.042 (up from CN¥0.16 loss in 2Q 2024). Revenue: CN¥83.9m (up 50% from 2Q 2024). Net income: CN¥5.74m (up CN¥24.5m from 2Q 2024). Profit margin: 6.8% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 30% 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 20% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Price Target Changed • Aug 16Price target increased by 20% to CN¥51.64Up from CN¥43.11, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥53.11. Stock is up 160% over the past year. The company is forecast to post a net loss per share of CN¥0.045 next year compared to a net loss per share of CN¥0.91 last year.お知らせ • Jun 30Hangzhou Arcvideo Technology Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025Hangzhou Arcvideo Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025Reported Earnings • Apr 23Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.91 loss per share (improved from CN¥1.25 loss in FY 2023). Revenue: CN¥306.6m (down 7.8% from FY 2023). Net loss: CN¥102.2m (loss narrowed 26% from FY 2023). Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 149%. Revenue is forecast to grow 32% 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, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.Price Target Changed • Apr 22Price target increased by 13% to CN¥45.64Up from CN¥40.45, the current price target is an average from 3 analysts. New target price is 49% above last closing price of CN¥30.64. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥0.25 next year compared to a net loss per share of CN¥0.85 last year.お知らせ • Apr 22Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 13, 2025Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 13, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang Chinaお知らせ • Mar 28Hangzhou Arcvideo Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Hangzhou Arcvideo Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025Reported Earnings • Mar 03Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.85 loss per share (improved from CN¥1.25 loss in FY 2023). Revenue: CN¥309.3m (down 7.0% from FY 2023). Net loss: CN¥95.0m (loss narrowed 31% from FY 2023). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 133%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Board Change • Jan 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Independent Director Xiaoming Hu is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.分析記事 • Jan 05Hangzhou Arcvideo Technology Co., Ltd.'s (SHSE:688039) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of InvestorsHangzhou Arcvideo Technology Co., Ltd. ( SHSE:688039 ) shares have had a horrible month, losing 26% after a relatively...お知らせ • Dec 27Hangzhou Arcvideo Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025Hangzhou Arcvideo Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025分析記事 • Dec 05Health Check: How Prudently Does Hangzhou Arcvideo Technology (SHSE:688039) Use Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.25 loss per share (vs CN¥0.33 loss in 3Q 2023)Third quarter 2024 results: CN¥0.25 loss per share (improved from CN¥0.33 loss in 3Q 2023). Revenue: CN¥51.1m (down 52% from 3Q 2023). Net loss: CN¥27.7m (loss narrowed 24% from 3Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Hangzhou Arcvideo Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Hangzhou Arcvideo Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024分析記事 • Sep 27Hangzhou Arcvideo Technology Co., Ltd.'s (SHSE:688039) P/S Is Still On The Mark Following 27% Share Price BounceThose holding Hangzhou Arcvideo Technology Co., Ltd. ( SHSE:688039 ) shares would be relieved that the share price has...New Risk • Sep 03New 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 9.1% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 29Second quarter 2024 earnings released: CN¥0.16 loss per share (vs CN¥0.37 loss in 2Q 2023)Second quarter 2024 results: CN¥0.16 loss per share (improved from CN¥0.37 loss in 2Q 2023). Revenue: CN¥55.8m (up 1.6% from 2Q 2023). Net loss: CN¥18.7m (loss narrowed 54% from 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, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.お知らせ • Jun 29Hangzhou Arcvideo Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Hangzhou Arcvideo Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024Price Target Changed • Apr 30Price target decreased by 12% to CN¥37.47Down from CN¥42.36, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥26.92. Stock is down 33% over the past year. The company is forecast to post a net loss per share of CN¥0.09 next year compared to a net loss per share of CN¥1.20 last year.お知らせ • Apr 29Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 17, 2024Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang ChinaReported Earnings • Apr 28First quarter 2024 earnings released: CN¥0.21 loss per share (vs CN¥0.17 loss in 1Q 2023)First quarter 2024 results: CN¥0.21 loss per share (further deteriorated from CN¥0.17 loss in 1Q 2023). Revenue: CN¥62.2m (up 20% from 1Q 2023). Net loss: CN¥23.1m (loss widened 22% from 1Q 2023). Revenue is forecast to grow 30% 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, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.分析記事 • Apr 03Hangzhou Arcvideo Technology Co., Ltd.'s (SHSE:688039) Share Price Is Still Matching Investor Opinion Despite 28% SlumpHangzhou Arcvideo Technology Co., Ltd. ( SHSE:688039 ) shareholders won't be pleased to see that the share price has...お知らせ • Mar 30Hangzhou Arcvideo Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Hangzhou Arcvideo Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024Reported Earnings • Feb 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥1.20 loss per share (further deteriorated from CN¥0.88 loss in FY 2022). Revenue: CN¥333.5m (flat on FY 2022). Net loss: CN¥133.1m (loss widened 35% from FY 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.New Risk • Feb 25New major risk - Revenue and earnings growthEarnings have declined by 60% 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 Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 60% per year over the past 5 years.Board Change • Jan 17Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Director, Deputy GM & Board Secretary Ya Tan was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • Jan 02Price target increased by 16% to CN¥42.36Up from CN¥36.38, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥34.80. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥0.34 next year compared to a net loss per share of CN¥0.88 last year.お知らせ • Dec 30Hangzhou Arcvideo Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Hangzhou Arcvideo Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024New Risk • Dec 16New major risk - Revenue and earnings growthEarnings have declined by 60% 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 Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings have declined by 60% per year over the past 5 years.New Risk • Dec 07New 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 9.8% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 02Third quarter 2023 earnings released: CN¥0.33 loss per share (vs CN¥0.024 loss in 3Q 2022)Third quarter 2023 results: CN¥0.33 loss per share (further deteriorated from CN¥0.024 loss in 3Q 2022). Revenue: CN¥107.2m (down 33% from 3Q 2022). Net loss: CN¥36.5m (loss widened CN¥34.0m from 3Q 2022). Revenue is forecast to grow 40% 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, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 26Second quarter 2023 earnings released: CN¥0.37 loss per share (vs CN¥0.20 loss in 2Q 2022)Second quarter 2023 results: CN¥0.37 loss per share (further deteriorated from CN¥0.20 loss in 2Q 2022). Revenue: CN¥54.9m (up 118% from 2Q 2022). Net loss: CN¥40.7m (loss widened 70% from 2Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Price Target Changed • Jun 28Price target increased by 16% to CN¥42.14Up from CN¥36.37, the current price target is an average from 2 analysts. New target price is 17% above last closing price of CN¥36.08. Stock is up 28% over the past year. The company is forecast to post earnings per share of CN¥0.56 next year compared to a net loss per share of CN¥0.88 last year.Reported Earnings • Apr 29First quarter 2023 earnings released: CN¥0.24 loss per share (vs CN¥0.19 loss in 1Q 2022)First quarter 2023 results: CN¥0.24 loss per share (further deteriorated from CN¥0.19 loss in 1Q 2022). Revenue: CN¥52.0m (down 24% from 1Q 2022). Net loss: CN¥18.9m (loss widened 26% from 1Q 2022). Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 01Full year 2022 earnings released: CN¥1.24 loss per share (vs CN¥0.77 profit in FY 2021)Full year 2022 results: CN¥1.24 loss per share (down from CN¥0.77 profit in FY 2021). Revenue: CN¥330.4m (down 21% from FY 2021). Net loss: CN¥98.8m (down 261% from profit in FY 2021). Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 62% 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.Price Target Changed • Nov 16Price target decreased to CN¥55.97Down from CN¥63.33, the current price target is an average from 2 analysts. New target price is 27% above last closing price of CN¥44.10. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥0.92 for next year compared to CN¥0.77 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Director, Deputy General Manager and Board Secretary Ya Tan was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.033 loss per share (vs CN¥0.18 loss in 3Q 2021)Third quarter 2022 results: CN¥0.033 loss per share (improved from CN¥0.18 loss in 3Q 2021). Revenue: CN¥159.9m (up 217% from 3Q 2021). Net loss: CN¥2.54m (loss narrowed 81% from 3Q 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China.Reported Earnings • Aug 26Second quarter 2022 earnings released: CN¥0.29 loss per share (vs CN¥0.28 profit in 2Q 2021)Second quarter 2022 results: CN¥0.29 loss per share (down from CN¥0.28 profit in 2Q 2021). Revenue: CN¥25.2m (down 68% from 2Q 2021). Net loss: CN¥23.9m (down 195% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 71%, compared to a 32% growth forecast for the Software industry in China.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥40.65, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 27x in the Software industry in China. Total loss to shareholders of 29% over the past year.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥38.72, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 25x in the Software industry in China. Total loss to shareholders of 37% over the past year.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CN¥0.19 loss per share (down from CN¥0.02 profit in 1Q 2021). Revenue: CN¥68.0m (up 10% from 1Q 2021). Net loss: CN¥15.0m (down CN¥16.4m from profit in 1Q 2021). Revenue missed analyst estimates by 15%. 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.Major Estimate Revision • Apr 19Consensus revenue estimates fall by 15%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥647.0m to CN¥547.0m. EPS estimate fell from CN¥1.81 to CN¥1.23 per share. Net income forecast to grow 47% next year vs 41% growth forecast for Software industry in China. Consensus price target down from CN¥72.83 to CN¥63.33. Share price fell 6.1% to CN¥40.84 over the past week.Reported Earnings • Mar 04Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.83 (down from CN¥1.29 in FY 2020). Revenue: CN¥451.6m (up 23% from FY 2020). Net income: CN¥66.7m (down 35% from FY 2020). Profit margin: 15% (down from 28% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 46%. Over the next year, revenue is forecast to grow 43%, compared to a 32% growth forecast for the industry in China.Major Estimate Revision • Mar 02Consensus revenue estimates fall by 11%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥730.7m to CN¥647.0m. EPS estimate fell from CN¥2.45 to CN¥1.81 per share. Net income forecast to grow 47% next year vs 51% growth forecast for Software industry in China. Consensus price target down from CN¥91.83 to CN¥72.83. Share price fell 9.8% to CN¥51.99 over the past week.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥74.74, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 35x in the Software industry in China. Total returns to shareholders of 21% over the past year.Price Target Changed • Jan 11Price target increased to CN¥91.83Up from CN¥77.33, the current price target is an average from 2 analysts. New target price is 10% above last closing price of CN¥83.41. Stock is up 62% over the past year. The company is forecast to post earnings per share of CN¥1.55 for next year compared to CN¥1.29 last year.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥89.65, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 51% over the past year.Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥71.70, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 2.9% over the past year.Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥51.24, 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 34% over the past year.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥85.98, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 35x in the Software industry in China. Total returns to shareholders of 8.2% over the past year.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS CN¥0.28 (vs CN¥0.21 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥79.8m (up 29% from 2Q 2020). Net income: CN¥25.2m (up 71% from 2Q 2020). Profit margin: 32% (up from 24% in 2Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 28% share price gain to CN¥70.60, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 36x in the Software industry in China. Total loss to shareholders of 20% over the past year.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥62.97, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 36x in the Software industry in China. Total loss to shareholders of 32% over the past year.Reported Earnings • Apr 19Full year 2020 earnings released: EPS CN¥1.29 (vs CN¥1.37 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥365.9m (up 29% from FY 2019). Net income: CN¥102.8m (up 21% from FY 2019). Profit margin: 28% (down from 30% in FY 2019). The decrease in margin was driven by higher expenses.Is New 90 Day High Low • Mar 11New 90-day high: CN¥71.12The company is up 1.0% from its price of CN¥70.29 on 11 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 12% over the same period.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥67.71, the stock is trading at a trailing P/E ratio of 58.3x, up from the previous P/E ratio of 49.8x. This compares to an average P/E of 47x in the Software industry in China. Total return to shareholders over the past year is a loss of 48%.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥60.50, the stock is trading at a trailing P/E ratio of 52.1x, up from the previous P/E ratio of 44.3x. This compares to an average P/E of 54x in the Software industry in China. Total return to shareholders over the past year is a loss of 46%.Is New 90 Day High Low • Jan 07New 90-day low: CN¥53.01The company is down 31% from its price of CN¥76.70 on 09 October 2020. The Chinese market is up 11% 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.Is New 90 Day High Low • Dec 14New 90-day low: CN¥70.04The company is down 12% from its price of CN¥79.45 on 15 September 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 6.0% over the same period.Is New 90 Day High Low • Nov 27New 90-day low: CN¥74.62The company is down 11% from its price of CN¥84.15 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Software industry, which is also down 11% over the same period.Is New 90 Day High Low • Sep 30New 90-day low: CN¥76.01The company is down 17% from its price of CN¥91.50 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥5.49 per share.お知らせ • Jul 17Hangzhou Arcvideo Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Hangzhou Arcvideo Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020業績と収益の成長予測SHSE:688039 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202872192N/A-143112/31/202754242N/A151112/31/20264125N/A-18613/31/2026356-95-61-17N/A12/31/2025322-91748N/A9/30/2025347-54-840N/A6/30/2025322-67-1531N/A3/31/2025293-91-342N/A12/31/2024307-102-50-3N/A9/30/2024288-111-90-36N/A6/30/2024344-120-135-69N/A3/31/2024343-142-182-98N/A12/31/2023333-138-213-98N/A9/30/2023292-153-223-54N/A6/30/2023345-119-17022N/A3/31/2023315-103-16723N/A12/31/2022331-99-301-38N/A9/30/20224797-269-47N/A6/30/2022370-4-298-100N/A3/31/202242445-261-69N/A12/31/202141861-137-45N/A9/30/202140396-6219N/A6/30/2021413113-4629N/A3/31/2021395103-1340N/A12/31/2020366103-1029N/A9/30/202032188-65-34N/A6/30/202030188-61-39N/A3/31/202027480-80-54N/A12/31/201928585N/A-5N/A9/30/201921966N/A-9N/A12/31/201820464N/A6N/A12/31/201713941N/A14N/A12/31/201610236N/A5N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 688039は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 2.4% ) よりも高い成長率であると考えられます。収益対市場: 688039今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 688039今後 3 年以内に収益を上げることが予想されます。収益対市場: 688039の収益 ( 26.3% ) CN市場 ( 16.2% ) よりも速いペースで成長すると予測されています。高い収益成長: 688039の収益 ( 26.3% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 688039の 自己資本利益率 は、3年後には低くなると予測されています ( 5.4 %)。成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance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2026/05/21 17:23終値2026/05/21 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Hangzhou Arcvideo Technology 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。4 アナリスト機関Zhihao WangChina International Capital Corporation LimitedYa Li GuoHuatai ResearchChunsheng XieHuatai Research1 その他のアナリストを表示
Price Target Changed • Aug 16Price target increased by 20% to CN¥51.64Up from CN¥43.11, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥53.11. Stock is up 160% over the past year. The company is forecast to post a net loss per share of CN¥0.045 next year compared to a net loss per share of CN¥0.91 last year.
Price Target Changed • Apr 22Price target increased by 13% to CN¥45.64Up from CN¥40.45, the current price target is an average from 3 analysts. New target price is 49% above last closing price of CN¥30.64. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥0.25 next year compared to a net loss per share of CN¥0.85 last year.
Price Target Changed • Apr 30Price target decreased by 12% to CN¥37.47Down from CN¥42.36, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥26.92. Stock is down 33% over the past year. The company is forecast to post a net loss per share of CN¥0.09 next year compared to a net loss per share of CN¥1.20 last year.
Price Target Changed • Jan 02Price target increased by 16% to CN¥42.36Up from CN¥36.38, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥34.80. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥0.34 next year compared to a net loss per share of CN¥0.88 last year.
Price Target Changed • Jun 28Price target increased by 16% to CN¥42.14Up from CN¥36.37, the current price target is an average from 2 analysts. New target price is 17% above last closing price of CN¥36.08. Stock is up 28% over the past year. The company is forecast to post earnings per share of CN¥0.56 next year compared to a net loss per share of CN¥0.88 last year.
Price Target Changed • Nov 16Price target decreased to CN¥55.97Down from CN¥63.33, the current price target is an average from 2 analysts. New target price is 27% above last closing price of CN¥44.10. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥0.92 for next year compared to CN¥0.77 last year.
お知らせ • Apr 22Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 13, 2026Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 13, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China
Reported Earnings • Apr 22Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.83 loss per share (improved from CN¥0.91 loss in FY 2024). Revenue: CN¥321.8m (up 5.0% from FY 2024). Net loss: CN¥91.3m (loss narrowed 11% from FY 2024). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 27% 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 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 30Hangzhou Arcvideo Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Hangzhou Arcvideo Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
Reported Earnings • Mar 02Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.80 loss per share (improved from CN¥0.91 loss in FY 2024). Revenue: CN¥348.7m (up 14% from FY 2024). Net loss: CN¥88.7m (loss narrowed 13% from FY 2024). Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 33% p.a. on average during the next 2 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 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Dec 26Hangzhou Arcvideo Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026Hangzhou Arcvideo Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026
Reported Earnings • Oct 29Third quarter 2025 earnings released: CN¥0.20 loss per share (vs CN¥0.25 loss in 3Q 2024)Third quarter 2025 results: CN¥0.20 loss per share (improved from CN¥0.25 loss in 3Q 2024). Revenue: CN¥76.8m (up 50% from 3Q 2024). Net loss: CN¥15.5m (loss narrowed 44% from 3Q 2024). Revenue is forecast to grow 30% 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 remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Hangzhou Arcvideo Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Hangzhou Arcvideo Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Reported Earnings • Aug 25Second quarter 2025 earnings released: EPS: CN¥0.042 (vs CN¥0.16 loss in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.042 (up from CN¥0.16 loss in 2Q 2024). Revenue: CN¥83.9m (up 50% from 2Q 2024). Net income: CN¥5.74m (up CN¥24.5m from 2Q 2024). Profit margin: 6.8% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 30% 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 20% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Price Target Changed • Aug 16Price target increased by 20% to CN¥51.64Up from CN¥43.11, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥53.11. Stock is up 160% over the past year. The company is forecast to post a net loss per share of CN¥0.045 next year compared to a net loss per share of CN¥0.91 last year.
お知らせ • Jun 30Hangzhou Arcvideo Technology Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025Hangzhou Arcvideo Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025
Reported Earnings • Apr 23Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.91 loss per share (improved from CN¥1.25 loss in FY 2023). Revenue: CN¥306.6m (down 7.8% from FY 2023). Net loss: CN¥102.2m (loss narrowed 26% from FY 2023). Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 149%. Revenue is forecast to grow 32% 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, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
Price Target Changed • Apr 22Price target increased by 13% to CN¥45.64Up from CN¥40.45, the current price target is an average from 3 analysts. New target price is 49% above last closing price of CN¥30.64. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥0.25 next year compared to a net loss per share of CN¥0.85 last year.
お知らせ • Apr 22Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 13, 2025Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 13, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China
お知らせ • Mar 28Hangzhou Arcvideo Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Hangzhou Arcvideo Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
Reported Earnings • Mar 03Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.85 loss per share (improved from CN¥1.25 loss in FY 2023). Revenue: CN¥309.3m (down 7.0% from FY 2023). Net loss: CN¥95.0m (loss narrowed 31% from FY 2023). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 133%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Board Change • Jan 27High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Independent Director Xiaoming Hu is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
分析記事 • Jan 05Hangzhou Arcvideo Technology Co., Ltd.'s (SHSE:688039) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of InvestorsHangzhou Arcvideo Technology Co., Ltd. ( SHSE:688039 ) shares have had a horrible month, losing 26% after a relatively...
お知らせ • Dec 27Hangzhou Arcvideo Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025Hangzhou Arcvideo Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025
分析記事 • Dec 05Health Check: How Prudently Does Hangzhou Arcvideo Technology (SHSE:688039) Use Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.25 loss per share (vs CN¥0.33 loss in 3Q 2023)Third quarter 2024 results: CN¥0.25 loss per share (improved from CN¥0.33 loss in 3Q 2023). Revenue: CN¥51.1m (down 52% from 3Q 2023). Net loss: CN¥27.7m (loss narrowed 24% from 3Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Hangzhou Arcvideo Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Hangzhou Arcvideo Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
分析記事 • Sep 27Hangzhou Arcvideo Technology Co., Ltd.'s (SHSE:688039) P/S Is Still On The Mark Following 27% Share Price BounceThose holding Hangzhou Arcvideo Technology Co., Ltd. ( SHSE:688039 ) shares would be relieved that the share price has...
New Risk • Sep 03New 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 9.1% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 29Second quarter 2024 earnings released: CN¥0.16 loss per share (vs CN¥0.37 loss in 2Q 2023)Second quarter 2024 results: CN¥0.16 loss per share (improved from CN¥0.37 loss in 2Q 2023). Revenue: CN¥55.8m (up 1.6% from 2Q 2023). Net loss: CN¥18.7m (loss narrowed 54% from 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, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 29Hangzhou Arcvideo Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Hangzhou Arcvideo Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
Price Target Changed • Apr 30Price target decreased by 12% to CN¥37.47Down from CN¥42.36, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥26.92. Stock is down 33% over the past year. The company is forecast to post a net loss per share of CN¥0.09 next year compared to a net loss per share of CN¥1.20 last year.
お知らせ • Apr 29Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 17, 2024Hangzhou Arcvideo Technology Co., Ltd., Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China
Reported Earnings • Apr 28First quarter 2024 earnings released: CN¥0.21 loss per share (vs CN¥0.17 loss in 1Q 2023)First quarter 2024 results: CN¥0.21 loss per share (further deteriorated from CN¥0.17 loss in 1Q 2023). Revenue: CN¥62.2m (up 20% from 1Q 2023). Net loss: CN¥23.1m (loss widened 22% from 1Q 2023). Revenue is forecast to grow 30% 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, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 03Hangzhou Arcvideo Technology Co., Ltd.'s (SHSE:688039) Share Price Is Still Matching Investor Opinion Despite 28% SlumpHangzhou Arcvideo Technology Co., Ltd. ( SHSE:688039 ) shareholders won't be pleased to see that the share price has...
お知らせ • Mar 30Hangzhou Arcvideo Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024Hangzhou Arcvideo Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
Reported Earnings • Feb 26Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥1.20 loss per share (further deteriorated from CN¥0.88 loss in FY 2022). Revenue: CN¥333.5m (flat on FY 2022). Net loss: CN¥133.1m (loss widened 35% from FY 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
New Risk • Feb 25New major risk - Revenue and earnings growthEarnings have declined by 60% 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 Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 60% per year over the past 5 years.
Board Change • Jan 17Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Director, Deputy GM & Board Secretary Ya Tan was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • Jan 02Price target increased by 16% to CN¥42.36Up from CN¥36.38, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥34.80. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥0.34 next year compared to a net loss per share of CN¥0.88 last year.
お知らせ • Dec 30Hangzhou Arcvideo Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024Hangzhou Arcvideo Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
New Risk • Dec 16New major risk - Revenue and earnings growthEarnings have declined by 60% 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 Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings have declined by 60% per year over the past 5 years.
New Risk • Dec 07New 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 9.8% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 02Third quarter 2023 earnings released: CN¥0.33 loss per share (vs CN¥0.024 loss in 3Q 2022)Third quarter 2023 results: CN¥0.33 loss per share (further deteriorated from CN¥0.024 loss in 3Q 2022). Revenue: CN¥107.2m (down 33% from 3Q 2022). Net loss: CN¥36.5m (loss widened CN¥34.0m from 3Q 2022). Revenue is forecast to grow 40% 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, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 26Second quarter 2023 earnings released: CN¥0.37 loss per share (vs CN¥0.20 loss in 2Q 2022)Second quarter 2023 results: CN¥0.37 loss per share (further deteriorated from CN¥0.20 loss in 2Q 2022). Revenue: CN¥54.9m (up 118% from 2Q 2022). Net loss: CN¥40.7m (loss widened 70% from 2Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jun 28Price target increased by 16% to CN¥42.14Up from CN¥36.37, the current price target is an average from 2 analysts. New target price is 17% above last closing price of CN¥36.08. Stock is up 28% over the past year. The company is forecast to post earnings per share of CN¥0.56 next year compared to a net loss per share of CN¥0.88 last year.
Reported Earnings • Apr 29First quarter 2023 earnings released: CN¥0.24 loss per share (vs CN¥0.19 loss in 1Q 2022)First quarter 2023 results: CN¥0.24 loss per share (further deteriorated from CN¥0.19 loss in 1Q 2022). Revenue: CN¥52.0m (down 24% from 1Q 2022). Net loss: CN¥18.9m (loss widened 26% from 1Q 2022). Revenue is forecast to grow 56% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 01Full year 2022 earnings released: CN¥1.24 loss per share (vs CN¥0.77 profit in FY 2021)Full year 2022 results: CN¥1.24 loss per share (down from CN¥0.77 profit in FY 2021). Revenue: CN¥330.4m (down 21% from FY 2021). Net loss: CN¥98.8m (down 261% from profit in FY 2021). Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 62% 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.
Price Target Changed • Nov 16Price target decreased to CN¥55.97Down from CN¥63.33, the current price target is an average from 2 analysts. New target price is 27% above last closing price of CN¥44.10. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥0.92 for next year compared to CN¥0.77 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Director, Deputy General Manager and Board Secretary Ya Tan was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.033 loss per share (vs CN¥0.18 loss in 3Q 2021)Third quarter 2022 results: CN¥0.033 loss per share (improved from CN¥0.18 loss in 3Q 2021). Revenue: CN¥159.9m (up 217% from 3Q 2021). Net loss: CN¥2.54m (loss narrowed 81% from 3Q 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China.
Reported Earnings • Aug 26Second quarter 2022 earnings released: CN¥0.29 loss per share (vs CN¥0.28 profit in 2Q 2021)Second quarter 2022 results: CN¥0.29 loss per share (down from CN¥0.28 profit in 2Q 2021). Revenue: CN¥25.2m (down 68% from 2Q 2021). Net loss: CN¥23.9m (down 195% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 71%, compared to a 32% growth forecast for the Software industry in China.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥40.65, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 27x in the Software industry in China. Total loss to shareholders of 29% over the past year.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥38.72, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 25x in the Software industry in China. Total loss to shareholders of 37% over the past year.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CN¥0.19 loss per share (down from CN¥0.02 profit in 1Q 2021). Revenue: CN¥68.0m (up 10% from 1Q 2021). Net loss: CN¥15.0m (down CN¥16.4m from profit in 1Q 2021). Revenue missed analyst estimates by 15%. 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.
Major Estimate Revision • Apr 19Consensus revenue estimates fall by 15%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥647.0m to CN¥547.0m. EPS estimate fell from CN¥1.81 to CN¥1.23 per share. Net income forecast to grow 47% next year vs 41% growth forecast for Software industry in China. Consensus price target down from CN¥72.83 to CN¥63.33. Share price fell 6.1% to CN¥40.84 over the past week.
Reported Earnings • Mar 04Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.83 (down from CN¥1.29 in FY 2020). Revenue: CN¥451.6m (up 23% from FY 2020). Net income: CN¥66.7m (down 35% from FY 2020). Profit margin: 15% (down from 28% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 46%. Over the next year, revenue is forecast to grow 43%, compared to a 32% growth forecast for the industry in China.
Major Estimate Revision • Mar 02Consensus revenue estimates fall by 11%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥730.7m to CN¥647.0m. EPS estimate fell from CN¥2.45 to CN¥1.81 per share. Net income forecast to grow 47% next year vs 51% growth forecast for Software industry in China. Consensus price target down from CN¥91.83 to CN¥72.83. Share price fell 9.8% to CN¥51.99 over the past week.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥74.74, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 35x in the Software industry in China. Total returns to shareholders of 21% over the past year.
Price Target Changed • Jan 11Price target increased to CN¥91.83Up from CN¥77.33, the current price target is an average from 2 analysts. New target price is 10% above last closing price of CN¥83.41. Stock is up 62% over the past year. The company is forecast to post earnings per share of CN¥1.55 for next year compared to CN¥1.29 last year.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥89.65, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 51% over the past year.
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥71.70, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 2.9% over the past year.
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥51.24, 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 34% over the past year.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥85.98, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 35x in the Software industry in China. Total returns to shareholders of 8.2% over the past year.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS CN¥0.28 (vs CN¥0.21 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥79.8m (up 29% from 2Q 2020). Net income: CN¥25.2m (up 71% from 2Q 2020). Profit margin: 32% (up from 24% in 2Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 28% share price gain to CN¥70.60, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 36x in the Software industry in China. Total loss to shareholders of 20% over the past year.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥62.97, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 36x in the Software industry in China. Total loss to shareholders of 32% over the past year.
Reported Earnings • Apr 19Full year 2020 earnings released: EPS CN¥1.29 (vs CN¥1.37 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥365.9m (up 29% from FY 2019). Net income: CN¥102.8m (up 21% from FY 2019). Profit margin: 28% (down from 30% in FY 2019). The decrease in margin was driven by higher expenses.
Is New 90 Day High Low • Mar 11New 90-day high: CN¥71.12The company is up 1.0% from its price of CN¥70.29 on 11 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 12% over the same period.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥67.71, the stock is trading at a trailing P/E ratio of 58.3x, up from the previous P/E ratio of 49.8x. This compares to an average P/E of 47x in the Software industry in China. Total return to shareholders over the past year is a loss of 48%.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥60.50, the stock is trading at a trailing P/E ratio of 52.1x, up from the previous P/E ratio of 44.3x. This compares to an average P/E of 54x in the Software industry in China. Total return to shareholders over the past year is a loss of 46%.
Is New 90 Day High Low • Jan 07New 90-day low: CN¥53.01The company is down 31% from its price of CN¥76.70 on 09 October 2020. The Chinese market is up 11% 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.
Is New 90 Day High Low • Dec 14New 90-day low: CN¥70.04The company is down 12% from its price of CN¥79.45 on 15 September 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 6.0% over the same period.
Is New 90 Day High Low • Nov 27New 90-day low: CN¥74.62The company is down 11% from its price of CN¥84.15 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Software industry, which is also down 11% over the same period.
Is New 90 Day High Low • Sep 30New 90-day low: CN¥76.01The company is down 17% from its price of CN¥91.50 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥5.49 per share.
お知らせ • Jul 17Hangzhou Arcvideo Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Hangzhou Arcvideo Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020