View Financial HealthPiesat Information Technology 配当と自社株買い配当金 基準チェック /06Piesat Information Technology現在配当金を支払っていません。主要情報0%配当利回り-2.0%バイバック利回り総株主利回り-2.0%将来の配当利回り0%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向0%最近の配当と自社株買いの更新お知らせ • Jun 01Piesat Information Technology Co., Ltd. (SHSE:688066) announces an Equity Buyback for CNY 100 million worth of its shares.Piesat Information Technology Co., Ltd. (SHSE:688066) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of shares. The program will be valid till 12 months.すべての更新を表示Recent updatesNew Risk • May 21New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -CN¥159m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-CN¥776m). Earnings have declined by 69% per year over the past 5 years. Minor Risk Less than 1 year of cash runway based on current free cash flow (-CN¥159m).Reported Earnings • May 01Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥7.12 loss per share (further deteriorated from CN¥5.33 loss in FY 2024). Revenue: CN¥447.8m (down 72% from FY 2024). Net loss: CN¥1.86b (loss widened 34% from FY 2024). Revenue missed analyst estimates by 75%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.お知らせ • Apr 30Piesat Information Technology Co., Ltd., Annual General Meeting, May 20, 2026Piesat Information Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing ChinaNew Risk • Apr 08New major risk - Revenue and earnings growthEarnings have declined by 70% 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 (14% average weekly change). Earnings have declined by 70% per year over the past 5 years.お知らせ • Mar 30Piesat Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Piesat Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026New Risk • Mar 08New major risk - Revenue and earnings growthEarnings have declined by 70% 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 70% per year over the past 5 years.Reported Earnings • Mar 05Full year 2025 earnings released: CN¥4.47 loss per share (vs CN¥5.33 loss in FY 2024)Full year 2025 results: CN¥4.47 loss per share (improved from CN¥5.33 loss in FY 2024). Revenue: CN¥533.9m (down 66% from FY 2024). Net loss: CN¥1.17b (loss narrowed 16% from FY 2024). Revenue is forecast to grow 62% 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 58 percentage points per year, which is a significant difference in performance.お知らせ • Dec 26Piesat Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Piesat Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.45 loss per share (vs CN¥0.14 loss in 3Q 2024)Third quarter 2025 results: CN¥0.45 loss per share (further deteriorated from CN¥0.14 loss in 3Q 2024). Revenue: CN¥112.9m (down 78% from 3Q 2024). Net loss: CN¥118.9m (loss widened 221% from 3Q 2024). Revenue is forecast to grow 45% 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 80 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Piesat Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Piesat Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Aug 25New 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 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Jun 30Piesat Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Piesat Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025Reported Earnings • May 03First quarter 2025 earnings released: CN¥0.44 loss per share (vs CN¥0.58 loss in 1Q 2024)First quarter 2025 results: CN¥0.44 loss per share (improved from CN¥0.58 loss in 1Q 2024). Revenue: CN¥123.8m (down 44% from 1Q 2024). Net loss: CN¥114.7m (loss narrowed 24% from 1Q 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, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.お知らせ • Apr 29Piesat Information Technology Co., Ltd., Annual General Meeting, May 20, 2025Piesat Information Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time.お知らせ • Mar 28Piesat Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Piesat Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025New Risk • Mar 24New 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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥221m free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥5.48 loss per share (further deteriorated from CN¥1.63 loss in FY 2023). Revenue: CN¥1.59b (down 13% from FY 2023). Net loss: CN¥1.43b (loss widened 283% from FY 2023). Revenue missed analyst estimates by 33%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 31% 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 84 percentage points per year, which is a significant difference in performance.分析記事 • Jan 31Does Piesat Information Technology (SHSE:688066) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Jan 05Market Cool On Piesat Information Technology Co., Ltd.'s (SHSE:688066) Revenues Pushing Shares 25% LowerPiesat Information Technology Co., Ltd. ( SHSE:688066 ) shares have retraced a considerable 25% in the last month...お知らせ • Dec 27Piesat Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Piesat Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025分析記事 • Nov 06Piesat Information Technology Co., Ltd.'s (SHSE:688066) Shares Leap 27% Yet They're Still Not Telling The Full StoryDespite an already strong run, Piesat Information Technology Co., Ltd. ( SHSE:688066 ) shares have been powering on...Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.14 loss per share (vs CN¥0.24 loss in 3Q 2023)Third quarter 2024 results: CN¥0.14 loss per share (improved from CN¥0.24 loss in 3Q 2023). Revenue: CN¥501.9m (down 11% from 3Q 2023). Net loss: CN¥37.1m (loss narrowed 28% from 3Q 2023). Revenue is forecast to grow 28% 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 82 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Piesat Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Piesat Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024分析記事 • Sep 06Market Cool On Piesat Information Technology Co., Ltd.'s (SHSE:688066) Revenues Pushing Shares 26% LowerTo the annoyance of some shareholders, Piesat Information Technology Co., Ltd. ( SHSE:688066 ) shares are down a...Reported Earnings • Aug 31Second quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.35 profit in 2Q 2023)Second quarter 2024 results: CN¥0.13 loss per share (down from CN¥0.35 profit in 2Q 2023). Revenue: CN¥621.5m (down 17% from 2Q 2023). Net loss: CN¥34.0m (down 134% from profit in 2Q 2023). Revenue is forecast to grow 34% 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 56 percentage points per year, which is a significant difference in performance.New Risk • Aug 02New 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 9.5% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.5% average weekly change).分析記事 • Jul 23Take Care Before Jumping Onto Piesat Information Technology Co., Ltd. (SHSE:688066) Even Though It's 26% CheaperUnfortunately for some shareholders, the Piesat Information Technology Co., Ltd. ( SHSE:688066 ) share price has dived...分析記事 • Jul 13Would Piesat Information Technology (SHSE:688066) Be Better Off With Less Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Jun 28Piesat Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Piesat Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024分析記事 • Jun 06Piesat Information Technology Co., Ltd. (SHSE:688066) Might Not Be As Mispriced As It Looks After Plunging 26%The Piesat Information Technology Co., Ltd. ( SHSE:688066 ) share price has fared very poorly over the last month...Reported Earnings • Apr 26First quarter 2024 earnings released: CN¥0.58 loss per share (vs CN¥0.34 loss in 1Q 2023)First quarter 2024 results: CN¥0.58 loss per share (further deteriorated from CN¥0.34 loss in 1Q 2023). Revenue: CN¥221.4m (down 20% from 1Q 2023). Net loss: CN¥150.7m (loss widened 69% from 1Q 2023). Revenue is forecast to grow 46% 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 59% 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.Reported Earnings • Apr 14Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥1.63 loss per share (down from CN¥1.02 profit in FY 2022). Revenue: CN¥1.82b (down 26% from FY 2022). Net loss: CN¥374.2m (down 242% from profit in FY 2022). Revenue missed analyst estimates by 43%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Apr 12Piesat Information Technology Co., Ltd., Annual General Meeting, May 08, 2024Piesat Information Technology Co., Ltd., Annual General Meeting, May 08, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing Chinaお知らせ • Mar 29Piesat Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Piesat Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024New Risk • Mar 28New 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 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change).分析記事 • Feb 29Does Piesat Information Technology (SHSE:688066) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Feb 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥1.60 loss per share (down from CN¥1.02 profit in FY 2022). Revenue: CN¥1.84b (down 25% from FY 2022). Net loss: CN¥366.7m (down 239% from profit in FY 2022). Revenue missed analyst estimates by 42%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 48% 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, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥22.07, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 21% over the past three years.お知らせ • Dec 29Piesat Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024Piesat Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024Buying Opportunity • Nov 16Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be CN¥62.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 99% in 2 years. Earnings is forecast to grow by 346% in the next 2 years.Major Estimate Revision • Nov 03Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.48b to CN¥3.34b. EPS estimate also fell from CN¥1.57 per share to CN¥1.37 per share. Net income forecast to grow 234% next year vs 96% growth forecast for Software industry in China. Consensus price target down from CN¥81.03 to CN¥68.38. Share price fell 2.7% to CN¥42.67 over the past week.Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.24 loss per share (vs CN¥0.25 profit in 3Q 2022)Third quarter 2023 results: CN¥0.24 loss per share (down from CN¥0.25 profit in 3Q 2022). Revenue: CN¥562.7m (down 7.9% from 3Q 2022). Net loss: CN¥51.4m (down 169% from profit in 3Q 2022). Revenue is forecast to grow 34% 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 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 29Price target decreased by 9.4% to CN¥72.64Down from CN¥80.17, the current price target is an average from 4 analysts. New target price is 66% above last closing price of CN¥43.84. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥1.49 for next year compared to CN¥1.02 last year.Buying Opportunity • Oct 12Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be CN¥60.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 109% in 2 years. Earnings is forecast to grow by 160% in the next 2 years.Price Target Changed • Sep 05Price target decreased by 7.5% to CN¥80.17Down from CN¥86.65, the current price target is an average from 4 analysts. New target price is 45% above last closing price of CN¥55.30. Stock is up 0.5% over the past year. The company is forecast to post earnings per share of CN¥1.56 for next year compared to CN¥1.02 last year.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.26 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.26 in 2Q 2022). Revenue: CN¥748.7m (up 28% from 2Q 2022). Net income: CN¥99.9m (up 72% from 2Q 2022). Profit margin: 13% (up from 9.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% 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, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥65.64, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 50x in the Software industry in China. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.79 per share.お知らせ • Jun 01Piesat Information Technology Co., Ltd. (SHSE:688066) announces an Equity Buyback for CNY 100 million worth of its shares.Piesat Information Technology Co., Ltd. (SHSE:688066) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of shares. The program will be valid till 12 months.Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥83.34, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 41x in the Software industry in China. Total returns to shareholders of 72% over the past three years.Price Target Changed • Apr 28Price target increased by 14% to CN¥115Up from CN¥101, the current price target is an average from 3 analysts. New target price is 15% above last closing price of CN¥100. Stock is up 66% over the past year. The company is forecast to post earnings per share of CN¥2.25 for next year compared to CN¥1.43 last year.Price Target Changed • Apr 26Price target increased by 14% to CN¥115Up from CN¥101, the current price target is an average from 3 analysts. New target price is 25% above last closing price of CN¥92.60. Stock is up 64% over the past year. The company is forecast to post earnings per share of CN¥2.25 for next year compared to CN¥1.43 last year.Reported Earnings • Apr 23Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: CN¥1.43 (up from CN¥1.15 in FY 2021). Revenue: CN¥2.46b (up 67% from FY 2021). Net income: CN¥264.1m (up 32% from FY 2021). Profit margin: 11% (down from 14% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 25% per year.Major Estimate Revision • Mar 04Consensus revenue estimates increase by 16%, EPS downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from CN¥3.10b to CN¥3.59b. EPS estimate fell from CN¥2.28 to CN¥2.25. Net income forecast to grow 55% next year vs 90% growth forecast for Software industry in China. Consensus price target of CN¥97.41 unchanged from last update. Share price rose 6.4% to CN¥98.20 over the past week.Reported Earnings • Feb 25Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: CN¥1.45 (up from CN¥1.15 in FY 2021). Revenue: CN¥2.48b (up 69% from FY 2021). Net income: CN¥268.6m (up 34% from FY 2021). Profit margin: 11% (down from 14% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 9.6%. Revenue is forecast to grow 27% 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 increased by 30% per year whereas the company’s share price has increased by 25% per year.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. 4 non-independent directors. Independent Director Yongyi Ma was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Nov 11Less 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. 4 non-independent directors. Independent Director Yongyi Ma was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.37 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.35. Revenue: CN¥611.2m (up 63% from 3Q 2021). Net income: CN¥74.5m (up 47% from 3Q 2021). Profit margin: 12% (down from 14% in 3Q 2021). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China.Price Target Changed • Oct 22Price target increased to CN¥94.91Up from CN¥82.53, the current price target is an average from 3 analysts. New target price is 15% above last closing price of CN¥82.64. Stock is up 54% over the past year. The company is forecast to post earnings per share of CN¥1.64 for next year compared to CN¥1.15 last year.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥82.76, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 116% over the past three years.Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.37 (vs CN¥0.24 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.37 (up from CN¥0.24 in 2Q 2021). Revenue: CN¥585.9m (up 60% from 2Q 2021). Net income: CN¥58.1m (up 15% from 2Q 2021). Profit margin: 9.9% (down from 14% in 2Q 2021). Over the next year, revenue is forecast to grow 42%, compared to a 31% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year.Price Target Changed • May 03Price target increased to CN¥82.30Up from CN¥72.38, the current price target is an average from 5 analysts. New target price is 37% above last closing price of CN¥60.18. Stock is up 71% over the past year. The company is forecast to post earnings per share of CN¥1.59 for next year compared to CN¥1.15 last year.Reported Earnings • Apr 28First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: CN¥0.27 loss per share (vs CN¥0.27 loss in 1Q 2021). Revenue: CN¥195.4m (up 179% from 1Q 2021). Net loss: CN¥49.6m (loss widened 10% from 1Q 2021). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 44%, compared to a 32% growth forecast for the industry in China.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Yongyi Ma was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Major Estimate Revision • Apr 16Consensus revenue estimates increase by 23%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from CN¥1.77b to CN¥2.19b. EPS estimate increased from CN¥1.52 to CN¥1.60 per share. Net income forecast to grow 50% next year vs 42% growth forecast for Software industry in China. Consensus price target up from CN¥72.38 to CN¥75.36. Share price fell 6.9% to CN¥61.76 over the past week.Reported Earnings • Feb 27Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥1.14 (up from CN¥0.78 in FY 2020). Revenue: CN¥1.47b (up 73% from FY 2020). Net income: CN¥197.5m (up 53% from FY 2020). Profit margin: 14% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 21%, compared to a 33% growth forecast for the industry in China.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.37 (vs CN¥0.19 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥374.9m (up 87% from 3Q 2020). Net income: CN¥50.6m (up 62% from 3Q 2020). Profit margin: 14% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥53.97, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 30x in the Software industry in China. Total returns to shareholders of 20% over the past year.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.38 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥366.5m (up 92% from 2Q 2020). Net income: CN¥50.6m (up 32% from 2Q 2020). Profit margin: 14% (down from 20% in 2Q 2020). The decrease in margin was driven by higher expenses.お知らせ • Aug 27Piesat Information Technology Co., Ltd. announced that it has received CNY 700.109965 million in fundingOn August 25, 2021, Piesat Information Technology Co., Ltd. closed the transaction. The company has issued 17,648,348 shares at an issue price of CNY 39.67 per share for gross proceeds of CNY 700,109,965.Price Target Changed • Aug 26Price target increased to CN¥69.50Up from CN¥53.90, the current price target is provided by 1 analyst. New target price is 32% above last closing price of CN¥52.56. Stock is up 14% over the past year.Valuation Update With 7 Day Price Move • May 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥41.20, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 50x in the Software industry in China. Total loss to shareholders of 17% over the past year.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.78 (vs CN¥0.59 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥846.7m (up 41% from FY 2019). Net income: CN¥128.8m (up 54% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Mar 09New 90-day low: CN¥38.18The company is down 7.0% from its price of CN¥41.07 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 11% over the same period.Is New 90 Day High Low • Feb 04New 90-day low: CN¥39.08The company is down 13% from its price of CN¥44.72 on 06 November 2020. The Chinese market is up 5.0% 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.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥46.21, the stock is trading at a trailing P/E ratio of 74.8x, up from the previous P/E ratio of 64.9x. This compares to an average P/E of 56x in the Software industry in China. Total returns to shareholders over the past year are 4.5%.Is New 90 Day High Low • Dec 15New 90-day low: CN¥40.55The company is down 7.0% from its price of CN¥43.52 on 16 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period.Is New 90 Day High Low • Nov 24New 90-day low: CN¥41.61The company is down 11% from its price of CN¥46.90 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 9.0% over the same period.お知らせ • Aug 21Piesat Information Technology Co., Ltd. announced that it expects to receive CNY 700.11 million in fundingPiesat Information Technology Co., Ltd. (SHSE:688066) announced that it will issue not more than 49,794,999 A shares gross proceeds of CNY 700,110,000 on August 20, 2020. The transaction will include participation from not more than 35 investors including investment fund management companies, securities companies, financial companies, asset management companies, insurance institutional investors, trust companies, and qualified overseas companies. The issue price is not less than 80% of the median market price of the company's stocks 20 trading days. After the completion of the issuance, the shares issued subscribed shall not be transferred within 6 months from the end of the issuance. The transaction has been approved by the board of directors in the 16th meeting of the second board of directors and is subject to be reviewed and approved by the shareholders' meeting of the listed company, and the Shanghai Stock Exchange and the China Securities Regulatory Commission.お知らせ • Jul 09Piesat Information Technology Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020Piesat Information Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020決済の安定と成長配当データの取得安定した配当: 688066の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 688066の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Piesat Information Technology 配当利回り対市場688066 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (688066)0%市場下位25% (CN)0.4%市場トップ25% (CN)1.9%業界平均 (Software)0.6%アナリスト予想 (688066) (最長3年)0%注目すべき配当: 688066は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 688066は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 688066 CN市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: 688066が配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YCN 市場の強力な配当支払い企業。View Management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2026/05/22 10:58終値2026/05/22 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Piesat Information Technology Co., Ltd. 0 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。3 アナリスト機関Zhongyu LiuChina International Capital Corporation LimitedEugene HsiaoMacquarie ResearchSheng WangSWS Research Co., Ltd.
お知らせ • Jun 01Piesat Information Technology Co., Ltd. (SHSE:688066) announces an Equity Buyback for CNY 100 million worth of its shares.Piesat Information Technology Co., Ltd. (SHSE:688066) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of shares. The program will be valid till 12 months.
New Risk • May 21New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -CN¥159m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-CN¥776m). Earnings have declined by 69% per year over the past 5 years. Minor Risk Less than 1 year of cash runway based on current free cash flow (-CN¥159m).
Reported Earnings • May 01Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥7.12 loss per share (further deteriorated from CN¥5.33 loss in FY 2024). Revenue: CN¥447.8m (down 72% from FY 2024). Net loss: CN¥1.86b (loss widened 34% from FY 2024). Revenue missed analyst estimates by 75%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 30Piesat Information Technology Co., Ltd., Annual General Meeting, May 20, 2026Piesat Information Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China
New Risk • Apr 08New major risk - Revenue and earnings growthEarnings have declined by 70% 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 (14% average weekly change). Earnings have declined by 70% per year over the past 5 years.
お知らせ • Mar 30Piesat Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Piesat Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
New Risk • Mar 08New major risk - Revenue and earnings growthEarnings have declined by 70% 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 70% per year over the past 5 years.
Reported Earnings • Mar 05Full year 2025 earnings released: CN¥4.47 loss per share (vs CN¥5.33 loss in FY 2024)Full year 2025 results: CN¥4.47 loss per share (improved from CN¥5.33 loss in FY 2024). Revenue: CN¥533.9m (down 66% from FY 2024). Net loss: CN¥1.17b (loss narrowed 16% from FY 2024). Revenue is forecast to grow 62% 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 58 percentage points per year, which is a significant difference in performance.
お知らせ • Dec 26Piesat Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Piesat Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.45 loss per share (vs CN¥0.14 loss in 3Q 2024)Third quarter 2025 results: CN¥0.45 loss per share (further deteriorated from CN¥0.14 loss in 3Q 2024). Revenue: CN¥112.9m (down 78% from 3Q 2024). Net loss: CN¥118.9m (loss widened 221% from 3Q 2024). Revenue is forecast to grow 45% 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 80 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Piesat Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Piesat Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Aug 25New 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 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Jun 30Piesat Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Piesat Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
Reported Earnings • May 03First quarter 2025 earnings released: CN¥0.44 loss per share (vs CN¥0.58 loss in 1Q 2024)First quarter 2025 results: CN¥0.44 loss per share (improved from CN¥0.58 loss in 1Q 2024). Revenue: CN¥123.8m (down 44% from 1Q 2024). Net loss: CN¥114.7m (loss narrowed 24% from 1Q 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, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 29Piesat Information Technology Co., Ltd., Annual General Meeting, May 20, 2025Piesat Information Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time.
お知らせ • Mar 28Piesat Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Piesat Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
New Risk • Mar 24New 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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥221m free cash flow). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change).
Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥5.48 loss per share (further deteriorated from CN¥1.63 loss in FY 2023). Revenue: CN¥1.59b (down 13% from FY 2023). Net loss: CN¥1.43b (loss widened 283% from FY 2023). Revenue missed analyst estimates by 33%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 31% 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 84 percentage points per year, which is a significant difference in performance.
分析記事 • Jan 31Does Piesat Information Technology (SHSE:688066) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Jan 05Market Cool On Piesat Information Technology Co., Ltd.'s (SHSE:688066) Revenues Pushing Shares 25% LowerPiesat Information Technology Co., Ltd. ( SHSE:688066 ) shares have retraced a considerable 25% in the last month...
お知らせ • Dec 27Piesat Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Piesat Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
分析記事 • Nov 06Piesat Information Technology Co., Ltd.'s (SHSE:688066) Shares Leap 27% Yet They're Still Not Telling The Full StoryDespite an already strong run, Piesat Information Technology Co., Ltd. ( SHSE:688066 ) shares have been powering on...
Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.14 loss per share (vs CN¥0.24 loss in 3Q 2023)Third quarter 2024 results: CN¥0.14 loss per share (improved from CN¥0.24 loss in 3Q 2023). Revenue: CN¥501.9m (down 11% from 3Q 2023). Net loss: CN¥37.1m (loss narrowed 28% from 3Q 2023). Revenue is forecast to grow 28% 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 82 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Piesat Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Piesat Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
分析記事 • Sep 06Market Cool On Piesat Information Technology Co., Ltd.'s (SHSE:688066) Revenues Pushing Shares 26% LowerTo the annoyance of some shareholders, Piesat Information Technology Co., Ltd. ( SHSE:688066 ) shares are down a...
Reported Earnings • Aug 31Second quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.35 profit in 2Q 2023)Second quarter 2024 results: CN¥0.13 loss per share (down from CN¥0.35 profit in 2Q 2023). Revenue: CN¥621.5m (down 17% from 2Q 2023). Net loss: CN¥34.0m (down 134% from profit in 2Q 2023). Revenue is forecast to grow 34% 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 56 percentage points per year, which is a significant difference in performance.
New Risk • Aug 02New 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 9.5% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.5% average weekly change).
分析記事 • Jul 23Take Care Before Jumping Onto Piesat Information Technology Co., Ltd. (SHSE:688066) Even Though It's 26% CheaperUnfortunately for some shareholders, the Piesat Information Technology Co., Ltd. ( SHSE:688066 ) share price has dived...
分析記事 • Jul 13Would Piesat Information Technology (SHSE:688066) Be Better Off With Less Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Jun 28Piesat Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Piesat Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
分析記事 • Jun 06Piesat Information Technology Co., Ltd. (SHSE:688066) Might Not Be As Mispriced As It Looks After Plunging 26%The Piesat Information Technology Co., Ltd. ( SHSE:688066 ) share price has fared very poorly over the last month...
Reported Earnings • Apr 26First quarter 2024 earnings released: CN¥0.58 loss per share (vs CN¥0.34 loss in 1Q 2023)First quarter 2024 results: CN¥0.58 loss per share (further deteriorated from CN¥0.34 loss in 1Q 2023). Revenue: CN¥221.4m (down 20% from 1Q 2023). Net loss: CN¥150.7m (loss widened 69% from 1Q 2023). Revenue is forecast to grow 46% 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 59% 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.
Reported Earnings • Apr 14Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥1.63 loss per share (down from CN¥1.02 profit in FY 2022). Revenue: CN¥1.82b (down 26% from FY 2022). Net loss: CN¥374.2m (down 242% from profit in FY 2022). Revenue missed analyst estimates by 43%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 12Piesat Information Technology Co., Ltd., Annual General Meeting, May 08, 2024Piesat Information Technology Co., Ltd., Annual General Meeting, May 08, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China
お知らせ • Mar 29Piesat Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Piesat Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
New Risk • Mar 28New 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 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change).
分析記事 • Feb 29Does Piesat Information Technology (SHSE:688066) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Feb 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥1.60 loss per share (down from CN¥1.02 profit in FY 2022). Revenue: CN¥1.84b (down 25% from FY 2022). Net loss: CN¥366.7m (down 239% from profit in FY 2022). Revenue missed analyst estimates by 42%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 48% 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, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥22.07, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 21% over the past three years.
お知らせ • Dec 29Piesat Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024Piesat Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024
Buying Opportunity • Nov 16Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be CN¥62.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 99% in 2 years. Earnings is forecast to grow by 346% in the next 2 years.
Major Estimate Revision • Nov 03Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.48b to CN¥3.34b. EPS estimate also fell from CN¥1.57 per share to CN¥1.37 per share. Net income forecast to grow 234% next year vs 96% growth forecast for Software industry in China. Consensus price target down from CN¥81.03 to CN¥68.38. Share price fell 2.7% to CN¥42.67 over the past week.
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.24 loss per share (vs CN¥0.25 profit in 3Q 2022)Third quarter 2023 results: CN¥0.24 loss per share (down from CN¥0.25 profit in 3Q 2022). Revenue: CN¥562.7m (down 7.9% from 3Q 2022). Net loss: CN¥51.4m (down 169% from profit in 3Q 2022). Revenue is forecast to grow 34% 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 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 29Price target decreased by 9.4% to CN¥72.64Down from CN¥80.17, the current price target is an average from 4 analysts. New target price is 66% above last closing price of CN¥43.84. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥1.49 for next year compared to CN¥1.02 last year.
Buying Opportunity • Oct 12Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be CN¥60.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 109% in 2 years. Earnings is forecast to grow by 160% in the next 2 years.
Price Target Changed • Sep 05Price target decreased by 7.5% to CN¥80.17Down from CN¥86.65, the current price target is an average from 4 analysts. New target price is 45% above last closing price of CN¥55.30. Stock is up 0.5% over the past year. The company is forecast to post earnings per share of CN¥1.56 for next year compared to CN¥1.02 last year.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.26 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.26 in 2Q 2022). Revenue: CN¥748.7m (up 28% from 2Q 2022). Net income: CN¥99.9m (up 72% from 2Q 2022). Profit margin: 13% (up from 9.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% 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, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥65.64, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 50x in the Software industry in China. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.79 per share.
お知らせ • Jun 01Piesat Information Technology Co., Ltd. (SHSE:688066) announces an Equity Buyback for CNY 100 million worth of its shares.Piesat Information Technology Co., Ltd. (SHSE:688066) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of shares. The program will be valid till 12 months.
Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥83.34, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 41x in the Software industry in China. Total returns to shareholders of 72% over the past three years.
Price Target Changed • Apr 28Price target increased by 14% to CN¥115Up from CN¥101, the current price target is an average from 3 analysts. New target price is 15% above last closing price of CN¥100. Stock is up 66% over the past year. The company is forecast to post earnings per share of CN¥2.25 for next year compared to CN¥1.43 last year.
Price Target Changed • Apr 26Price target increased by 14% to CN¥115Up from CN¥101, the current price target is an average from 3 analysts. New target price is 25% above last closing price of CN¥92.60. Stock is up 64% over the past year. The company is forecast to post earnings per share of CN¥2.25 for next year compared to CN¥1.43 last year.
Reported Earnings • Apr 23Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: CN¥1.43 (up from CN¥1.15 in FY 2021). Revenue: CN¥2.46b (up 67% from FY 2021). Net income: CN¥264.1m (up 32% from FY 2021). Profit margin: 11% (down from 14% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 25% per year.
Major Estimate Revision • Mar 04Consensus revenue estimates increase by 16%, EPS downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from CN¥3.10b to CN¥3.59b. EPS estimate fell from CN¥2.28 to CN¥2.25. Net income forecast to grow 55% next year vs 90% growth forecast for Software industry in China. Consensus price target of CN¥97.41 unchanged from last update. Share price rose 6.4% to CN¥98.20 over the past week.
Reported Earnings • Feb 25Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: CN¥1.45 (up from CN¥1.15 in FY 2021). Revenue: CN¥2.48b (up 69% from FY 2021). Net income: CN¥268.6m (up 34% from FY 2021). Profit margin: 11% (down from 14% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 9.6%. Revenue is forecast to grow 27% 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 increased by 30% per year whereas the company’s share price has increased by 25% per year.
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. 4 non-independent directors. Independent Director Yongyi Ma was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Nov 11Less 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. 4 non-independent directors. Independent Director Yongyi Ma was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.37 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.35. Revenue: CN¥611.2m (up 63% from 3Q 2021). Net income: CN¥74.5m (up 47% from 3Q 2021). Profit margin: 12% (down from 14% in 3Q 2021). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China.
Price Target Changed • Oct 22Price target increased to CN¥94.91Up from CN¥82.53, the current price target is an average from 3 analysts. New target price is 15% above last closing price of CN¥82.64. Stock is up 54% over the past year. The company is forecast to post earnings per share of CN¥1.64 for next year compared to CN¥1.15 last year.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥82.76, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 116% over the past three years.
Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.37 (vs CN¥0.24 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.37 (up from CN¥0.24 in 2Q 2021). Revenue: CN¥585.9m (up 60% from 2Q 2021). Net income: CN¥58.1m (up 15% from 2Q 2021). Profit margin: 9.9% (down from 14% in 2Q 2021). Over the next year, revenue is forecast to grow 42%, compared to a 31% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year.
Price Target Changed • May 03Price target increased to CN¥82.30Up from CN¥72.38, the current price target is an average from 5 analysts. New target price is 37% above last closing price of CN¥60.18. Stock is up 71% over the past year. The company is forecast to post earnings per share of CN¥1.59 for next year compared to CN¥1.15 last year.
Reported Earnings • Apr 28First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: CN¥0.27 loss per share (vs CN¥0.27 loss in 1Q 2021). Revenue: CN¥195.4m (up 179% from 1Q 2021). Net loss: CN¥49.6m (loss widened 10% from 1Q 2021). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 44%, compared to a 32% growth forecast for the industry in China.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Yongyi Ma was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Major Estimate Revision • Apr 16Consensus revenue estimates increase by 23%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from CN¥1.77b to CN¥2.19b. EPS estimate increased from CN¥1.52 to CN¥1.60 per share. Net income forecast to grow 50% next year vs 42% growth forecast for Software industry in China. Consensus price target up from CN¥72.38 to CN¥75.36. Share price fell 6.9% to CN¥61.76 over the past week.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥1.14 (up from CN¥0.78 in FY 2020). Revenue: CN¥1.47b (up 73% from FY 2020). Net income: CN¥197.5m (up 53% from FY 2020). Profit margin: 14% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 21%, compared to a 33% growth forecast for the industry in China.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.37 (vs CN¥0.19 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥374.9m (up 87% from 3Q 2020). Net income: CN¥50.6m (up 62% from 3Q 2020). Profit margin: 14% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥53.97, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 30x in the Software industry in China. Total returns to shareholders of 20% over the past year.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.38 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥366.5m (up 92% from 2Q 2020). Net income: CN¥50.6m (up 32% from 2Q 2020). Profit margin: 14% (down from 20% in 2Q 2020). The decrease in margin was driven by higher expenses.
お知らせ • Aug 27Piesat Information Technology Co., Ltd. announced that it has received CNY 700.109965 million in fundingOn August 25, 2021, Piesat Information Technology Co., Ltd. closed the transaction. The company has issued 17,648,348 shares at an issue price of CNY 39.67 per share for gross proceeds of CNY 700,109,965.
Price Target Changed • Aug 26Price target increased to CN¥69.50Up from CN¥53.90, the current price target is provided by 1 analyst. New target price is 32% above last closing price of CN¥52.56. Stock is up 14% over the past year.
Valuation Update With 7 Day Price Move • May 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥41.20, the stock trades at a trailing P/E ratio of 56.6x. Average trailing P/E is 50x in the Software industry in China. Total loss to shareholders of 17% over the past year.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.78 (vs CN¥0.59 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥846.7m (up 41% from FY 2019). Net income: CN¥128.8m (up 54% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Mar 09New 90-day low: CN¥38.18The company is down 7.0% from its price of CN¥41.07 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 11% over the same period.
Is New 90 Day High Low • Feb 04New 90-day low: CN¥39.08The company is down 13% from its price of CN¥44.72 on 06 November 2020. The Chinese market is up 5.0% 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.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥46.21, the stock is trading at a trailing P/E ratio of 74.8x, up from the previous P/E ratio of 64.9x. This compares to an average P/E of 56x in the Software industry in China. Total returns to shareholders over the past year are 4.5%.
Is New 90 Day High Low • Dec 15New 90-day low: CN¥40.55The company is down 7.0% from its price of CN¥43.52 on 16 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period.
Is New 90 Day High Low • Nov 24New 90-day low: CN¥41.61The company is down 11% from its price of CN¥46.90 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 9.0% over the same period.
お知らせ • Aug 21Piesat Information Technology Co., Ltd. announced that it expects to receive CNY 700.11 million in fundingPiesat Information Technology Co., Ltd. (SHSE:688066) announced that it will issue not more than 49,794,999 A shares gross proceeds of CNY 700,110,000 on August 20, 2020. The transaction will include participation from not more than 35 investors including investment fund management companies, securities companies, financial companies, asset management companies, insurance institutional investors, trust companies, and qualified overseas companies. The issue price is not less than 80% of the median market price of the company's stocks 20 trading days. After the completion of the issuance, the shares issued subscribed shall not be transferred within 6 months from the end of the issuance. The transaction has been approved by the board of directors in the 16th meeting of the second board of directors and is subject to be reviewed and approved by the shareholders' meeting of the listed company, and the Shanghai Stock Exchange and the China Securities Regulatory Commission.
お知らせ • Jul 09Piesat Information Technology Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020Piesat Information Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020