Reported Earnings • Mar 02
Full year 2022 earnings released: CN¥1.18 loss per share (vs CN¥0.55 profit in FY 2021) Full year 2022 results: CN¥1.18 loss per share (down from CN¥0.55 profit in FY 2021). Revenue: CN¥142.8m (down 57% from FY 2021). Net loss: CN¥98.0m (down 313% from profit in FY 2021). Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.20 loss per share (vs CN¥0.12 profit in 3Q 2021) Third quarter 2022 results: CN¥0.20 loss per share (down from CN¥0.12 profit in 3Q 2021). Revenue: CN¥15.0m (down 79% from 3Q 2021). Net loss: CN¥16.9m (down 274% from profit in 3Q 2021). Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.16 loss per share (vs CN¥0.20 profit in 2Q 2021) Second quarter 2022 results: CN¥0.16 loss per share (down from CN¥0.20 profit in 2Q 2021). Revenue: CN¥48.3m (down 55% from 2Q 2021). Net loss: CN¥13.2m (down 178% from profit in 2Q 2021). Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥15.07, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 50x in the Software industry in China. Total loss to shareholders of 57% over the past year. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.23 loss per share (vs CN¥0.12 profit in 1Q 2021) First quarter 2022 results: CN¥0.23 loss per share (down from CN¥0.12 profit in 1Q 2021). Revenue: CN¥3.36m (down 91% from 1Q 2021). Net loss: CN¥19.0m (down 299% from profit in 1Q 2021). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥19.87, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 47x in the Software industry in China. Total loss to shareholders of 35% over the past year. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.70 (down from CN¥1.11 in FY 2020). Revenue: CN¥340.4m (up 33% from FY 2020). Net income: CN¥57.8m (down 28% from FY 2020). Profit margin: 17% (down from 32% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 27% share price gain to CN¥33.20, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 54x in the Software industry in China. Total loss to shareholders of 4.0% over the past year. Reported Earnings • Oct 21
Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.23 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥69.8m (up 27% from 3Q 2020). Net income: CN¥9.75m (down 49% from 3Q 2020). Profit margin: 14% (down from 35% in 3Q 2020). Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.35 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥106.5m (up 26% from 2Q 2020). Net income: CN¥16.9m (down 22% from 2Q 2020). Profit margin: 16% (down from 26% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥34.01, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 50x in the Software industry in China. Reported Earnings • Apr 21
First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.13 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥36.0m (up 47% from 1Q 2020). Net income: CN¥9.57m (up 17% from 1Q 2020). Profit margin: 27% (down from 33% in 1Q 2020). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Feb 05
New 90-day low: CN¥29.62 The company is down 35% from its price of CN¥45.80 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 5.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥32.85 The company is down 36% from its price of CN¥51.63 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 08
New 90-day low: CN¥44.62 The company is down 14% from its price of CN¥52.17 on 09 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 • Oct 24
New 90-day low: CN¥49.16 The company is down 20% from its price of CN¥61.70 on 24 July 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 9.0% over the same period. お知らせ • Jul 10
Essence Information Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Essence Information Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020