View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsBeijing Shuzhi TechnologyLtd 将来の成長Future 基準チェック /06主要情報n/a収益成長率n/aEPS成長率Software 収益成長33.8%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Price Target Changed • Feb 18Price target lowered to CN¥11.00Down from CN¥13.73, the current price target is provided by 1 analyst. The new target price is 376% above the current share price of CN¥2.31.すべての更新を表示Recent updatesお知らせ • Jul 02Beijing Shuzhi Technology's Shares Delisted from Shenzhen Exchange on June 30, 2022Shares of Beijing Shuzhi Technology were withdrawn from trading on the Shenzhen Stock Exchange's ChiNext board on June 30, 2022. The company was booted from the bourse after it continued to book losses in 2021. Under mainland listing rules, companies with two consecutive years of losses are subject to delisting.お知らせ • Jun 10+ 1 more updateBeijing Shuzhi Technology Co.,Ltd(SZSE:300038) dropped from Shenzhen Stock Exchange A Share IndexBeijing Shuzhi Technology Co.,Ltd has been dropped off from Shenzhen Stock Exchange A Share Indexお知らせ • Jun 02Beijing Shuzhi Technology to Delist its Shares from Shenzhen Bourse After June 29, 2022Shares of Beijing Shuzhi Technology Co.,Ltd will be delisted from the Shenzhen Stock Exchange ChiNext board after June 29, according to a bourse filing on June 1, 2022. The Chinese big data and digital marketing firm will enter into a delisting transitional period for 15 trading days from June 9 after it continued to register losses in 2021. Under mainland listing rules, companies with two consecutive years of losses are subject to delisting.Reported Earnings • May 02First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: CN¥0.017 loss per share (up from CN¥0.17 loss in 1Q 2021). Revenue: CN¥628.9m (down 28% from 1Q 2021). Net loss: CN¥20.0m (loss narrowed 90% from 1Q 2021). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 24 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. Non-Independent Director Peng Chen was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.026 (vs CN¥0.11 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥638.8m (down 52% from 3Q 2020). Net income: CN¥31.0m (up CN¥157.3m from 3Q 2020). Profit margin: 4.9% (up from net loss in 3Q 2020). 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.Reported Earnings • Aug 26Second quarter 2021 earnings released: CN¥0.015 loss per share (vs CN¥0.086 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥812.7m (down 44% from 2Q 2020). Net loss: CN¥17.1m (down 117% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.お知らせ • Apr 30Beijing Shuzhi Technology Co., Ltd. Proposes Final Dividend for the Year 2020Beijing Shuzhi Technology Co., Ltd. proposed final cash dividend CNY 0.00 per 10 shares (tax included) for the year 2020.Reported Earnings • Apr 30Full year 2020 earnings released: CN¥6.81 loss per share (vs CN¥0.49 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥4.50b (down 21% from FY 2019). Net loss: CN¥7.98b (down CN¥8.56b from profit in FY 2019).Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥3.24, the stock is trading at a trailing P/E ratio of 41.8x, up from the previous P/E ratio of 34.6x. This compares to an average P/E of 51x in the Communications industry in China. Total return to shareholders over the past year is a loss of 71%.お知らせ • Feb 19+ 1 more updateBeijing Shuzhi Technology Co., Ltd.(SZSE:300038) dropped from Shenzhen Stock Exchange Component A Share IndexBeijing Shuzhi Technology Co., Ltd. has been removed from Shenzhen Stock Exchange Component A Share Index .Price Target Changed • Feb 18Price target lowered to CN¥11.00Down from CN¥13.73, the current price target is provided by 1 analyst. The new target price is 376% above the current share price of CN¥2.31.Valuation Update With 7 Day Price Move • Dec 24Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to CN¥4.34, the stock is trading at a trailing P/E ratio of 56x, down from the previous P/E ratio of 73.2x. This compares to an average P/E of 58x in the Communications industry in China. Total return to shareholders over the past three years is a loss of 75%.Is New 90 Day High Low • Dec 22New 90-day low: CN¥5.45The company is down 39% from its price of CN¥8.99 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 8.0% over the same period.Is New 90 Day High Low • Dec 07New 90-day low: CN¥6.11The company is down 41% from its price of CN¥10.38 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period.Is New 90 Day High Low • Nov 16New 90-day low: CN¥6.41The company is down 24% from its price of CN¥8.47 on 18 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 12% over the same period.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥90.9m, down 84% from the prior year. Total revenue was CN¥6.22b over the last 12 months, up 15% from the prior year.Is New 90 Day High Low • Oct 29New 90-day low: CN¥7.50The company is down 11% from its price of CN¥8.46 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period.お知らせ • Aug 11Beijing Shuzhi Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020Beijing Shuzhi Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020お知らせ • Jul 21Jiao Ming completed the acquisition of 5.12% stake of Beijing Shuzhi Technology Co., Ltd. (SZSE:300038) from Shanghai Nuomu Investment Center (Limited Partnership) managed by Duce Capital Investment Management Partnership Limited, Zhang Zhiyong and Zhang Min.Jiao Ming signed a share transfer agreement to acquire 5.12% stake of Beijing Shuzhi Technology Co., Ltd. (SZSE:300038) from Shanghai Nuomu Investment Center (Limited Partnership) managed by Duce Capital Investment Management Partnership Limited, Zhang Zhiyong and Zhang Min for approximately CNY 490 million on June 15, 2020. Under the transaction, Jiao Ming will acquire 60 million shares at a price of CNY 8.12 per share. Jiao Ming completed the acquisition of 5.12% stake of Beijing Shuzhi Technology Co., Ltd. (SZSE:300038) from Shanghai Nuomu Investment Center (Limited Partnership) managed by Duce Capital Investment Management Partnership Limited, Zhang Zhiyong and Zhang Min on July 14, 2020. Jiao Ming acquired 17.5 million shares, 3.5 million shares and 39 million shares from Shanghai Nuomu, Zhang Zhiyong, and Zhang Min respectively.お知らせ • Jul 18Beijing Ruixiang Saifu Management Consulting Center (Limited Partnership) completed the acquisition of 5.9% stake in Beijing Shuzhi Technology Co., Ltd. from Shanghai Ruomu Investment Center (Limited Partnership).Beijing Ruixiang Saifu Management Consulting Center (Limited Partnership) signed share transfer agreement to acquire 5.9% stake in Beijing Shuzhi Technology Co., Ltd. from Shanghai Ruomu Investment Center (Limited Partnership) for approximately CNY 820 million on June 10, 2020. As part of the transaction, Shanghai Ruomu Investment Center (Limited Partnership) will transfer 69 million shares at a price of CNY 11.8 per share. Beijing Ruixiang Saifu Management Consulting Center (Limited Partnership) completed the acquisition of 5.9% stake in Beijing Shuzhi Technology Co., Ltd. from Shanghai Ruomu Investment Center (Limited Partnership) on July 9, 2020.お知らせ • Jun 18Jiao Ming signed a share transfer agreement to acquire 5.12% stake of Beijing Shuzhi Technology Co., Ltd. (SZSE:300038) from Shanghai Nuomu Investment Center (Limited Partnership) managed by Duce Capital Investment Management Partnership Limited and Zhang Zhiyong, Zhang Min for approximately CNY 490 million.Jiao Ming signed a share transfer agreement to acquire 5.12% stake of Beijing Shuzhi Technology Co., Ltd. (SZSE:300038) from Shanghai Nuomu Investment Center (Limited Partnership) managed by Duce Capital Investment Management Partnership Limited and Zhang Zhiyong, Zhang Min for approximately CNY 490 million on June 15, 2020. Under the transaction, Jiao Ming will acquire 60 million shares at a price of CNY 8.12 per share. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Beijing Shuzhi TechnologyLtd は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SZSE:300038 - 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3/31/20222,078-1,228102123N/A12/31/20212,324-1,4052753N/A9/30/20213,535-8,193-660-659N/A6/30/20214,216-8,350-1,380-1,381N/A3/31/20214,860-8,232-693-695N/A12/31/20204,902-7,993-795-765N/A9/30/20206,22191-421-295N/A6/30/20205,770288229367N/A3/31/20205,315461-420-286N/A12/31/20195,721576-236-112N/A9/30/20195,422581-4173N/A6/30/20195,780704-8393N/A3/31/20195,963671-157-7N/A12/31/20185,454634-148100N/A9/30/20184,244724-345151N/A6/30/20183,796673-235190N/A3/31/20183,349600-46448N/A12/31/20172,751487-92290N/A9/30/20172,091356228388N/A6/30/20171,596244166334N/A3/31/20171,05210885232N/A12/31/20169841087161N/A9/30/2016911911133N/A6/30/201681975-23100N/A3/31/201680557-241-47N/A12/31/201576856N/A135N/A9/30/201573356N/A-17N/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: 300038の予測収益成長が 貯蓄率 ( 3.2% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 300038の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 300038の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 300038の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 300038の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。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: 300038の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘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2022/07/01 19:00終値2022/06/29 00:00収益2022/03/31年間収益2021/12/31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Beijing Shuzhi Technology Co.,Ltd 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。5 アナリスト機関Jianguo GuEverbright Securities Co. Ltd.Lin WangHuatai ResearchHaiqing TangIndustrial Securities Co. Ltd.2 その他のアナリストを表示
Price Target Changed • Feb 18Price target lowered to CN¥11.00Down from CN¥13.73, the current price target is provided by 1 analyst. The new target price is 376% above the current share price of CN¥2.31.
お知らせ • Jul 02Beijing Shuzhi Technology's Shares Delisted from Shenzhen Exchange on June 30, 2022Shares of Beijing Shuzhi Technology were withdrawn from trading on the Shenzhen Stock Exchange's ChiNext board on June 30, 2022. The company was booted from the bourse after it continued to book losses in 2021. Under mainland listing rules, companies with two consecutive years of losses are subject to delisting.
お知らせ • Jun 10+ 1 more updateBeijing Shuzhi Technology Co.,Ltd(SZSE:300038) dropped from Shenzhen Stock Exchange A Share IndexBeijing Shuzhi Technology Co.,Ltd has been dropped off from Shenzhen Stock Exchange A Share Index
お知らせ • Jun 02Beijing Shuzhi Technology to Delist its Shares from Shenzhen Bourse After June 29, 2022Shares of Beijing Shuzhi Technology Co.,Ltd will be delisted from the Shenzhen Stock Exchange ChiNext board after June 29, according to a bourse filing on June 1, 2022. The Chinese big data and digital marketing firm will enter into a delisting transitional period for 15 trading days from June 9 after it continued to register losses in 2021. Under mainland listing rules, companies with two consecutive years of losses are subject to delisting.
Reported Earnings • May 02First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: CN¥0.017 loss per share (up from CN¥0.17 loss in 1Q 2021). Revenue: CN¥628.9m (down 28% from 1Q 2021). Net loss: CN¥20.0m (loss narrowed 90% from 1Q 2021). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 24 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. Non-Independent Director Peng Chen was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.026 (vs CN¥0.11 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥638.8m (down 52% from 3Q 2020). Net income: CN¥31.0m (up CN¥157.3m from 3Q 2020). Profit margin: 4.9% (up from net loss in 3Q 2020). 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.
Reported Earnings • Aug 26Second quarter 2021 earnings released: CN¥0.015 loss per share (vs CN¥0.086 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥812.7m (down 44% from 2Q 2020). Net loss: CN¥17.1m (down 117% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 30Beijing Shuzhi Technology Co., Ltd. Proposes Final Dividend for the Year 2020Beijing Shuzhi Technology Co., Ltd. proposed final cash dividend CNY 0.00 per 10 shares (tax included) for the year 2020.
Reported Earnings • Apr 30Full year 2020 earnings released: CN¥6.81 loss per share (vs CN¥0.49 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥4.50b (down 21% from FY 2019). Net loss: CN¥7.98b (down CN¥8.56b from profit in FY 2019).
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥3.24, the stock is trading at a trailing P/E ratio of 41.8x, up from the previous P/E ratio of 34.6x. This compares to an average P/E of 51x in the Communications industry in China. Total return to shareholders over the past year is a loss of 71%.
お知らせ • Feb 19+ 1 more updateBeijing Shuzhi Technology Co., Ltd.(SZSE:300038) dropped from Shenzhen Stock Exchange Component A Share IndexBeijing Shuzhi Technology Co., Ltd. has been removed from Shenzhen Stock Exchange Component A Share Index .
Price Target Changed • Feb 18Price target lowered to CN¥11.00Down from CN¥13.73, the current price target is provided by 1 analyst. The new target price is 376% above the current share price of CN¥2.31.
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to CN¥4.34, the stock is trading at a trailing P/E ratio of 56x, down from the previous P/E ratio of 73.2x. This compares to an average P/E of 58x in the Communications industry in China. Total return to shareholders over the past three years is a loss of 75%.
Is New 90 Day High Low • Dec 22New 90-day low: CN¥5.45The company is down 39% from its price of CN¥8.99 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 8.0% over the same period.
Is New 90 Day High Low • Dec 07New 90-day low: CN¥6.11The company is down 41% from its price of CN¥10.38 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period.
Is New 90 Day High Low • Nov 16New 90-day low: CN¥6.41The company is down 24% from its price of CN¥8.47 on 18 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 12% over the same period.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥90.9m, down 84% from the prior year. Total revenue was CN¥6.22b over the last 12 months, up 15% from the prior year.
Is New 90 Day High Low • Oct 29New 90-day low: CN¥7.50The company is down 11% from its price of CN¥8.46 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period.
お知らせ • Aug 11Beijing Shuzhi Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020Beijing Shuzhi Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020
お知らせ • Jul 21Jiao Ming completed the acquisition of 5.12% stake of Beijing Shuzhi Technology Co., Ltd. (SZSE:300038) from Shanghai Nuomu Investment Center (Limited Partnership) managed by Duce Capital Investment Management Partnership Limited, Zhang Zhiyong and Zhang Min.Jiao Ming signed a share transfer agreement to acquire 5.12% stake of Beijing Shuzhi Technology Co., Ltd. (SZSE:300038) from Shanghai Nuomu Investment Center (Limited Partnership) managed by Duce Capital Investment Management Partnership Limited, Zhang Zhiyong and Zhang Min for approximately CNY 490 million on June 15, 2020. Under the transaction, Jiao Ming will acquire 60 million shares at a price of CNY 8.12 per share. Jiao Ming completed the acquisition of 5.12% stake of Beijing Shuzhi Technology Co., Ltd. (SZSE:300038) from Shanghai Nuomu Investment Center (Limited Partnership) managed by Duce Capital Investment Management Partnership Limited, Zhang Zhiyong and Zhang Min on July 14, 2020. Jiao Ming acquired 17.5 million shares, 3.5 million shares and 39 million shares from Shanghai Nuomu, Zhang Zhiyong, and Zhang Min respectively.
お知らせ • Jul 18Beijing Ruixiang Saifu Management Consulting Center (Limited Partnership) completed the acquisition of 5.9% stake in Beijing Shuzhi Technology Co., Ltd. from Shanghai Ruomu Investment Center (Limited Partnership).Beijing Ruixiang Saifu Management Consulting Center (Limited Partnership) signed share transfer agreement to acquire 5.9% stake in Beijing Shuzhi Technology Co., Ltd. from Shanghai Ruomu Investment Center (Limited Partnership) for approximately CNY 820 million on June 10, 2020. As part of the transaction, Shanghai Ruomu Investment Center (Limited Partnership) will transfer 69 million shares at a price of CNY 11.8 per share. Beijing Ruixiang Saifu Management Consulting Center (Limited Partnership) completed the acquisition of 5.9% stake in Beijing Shuzhi Technology Co., Ltd. from Shanghai Ruomu Investment Center (Limited Partnership) on July 9, 2020.
お知らせ • Jun 18Jiao Ming signed a share transfer agreement to acquire 5.12% stake of Beijing Shuzhi Technology Co., Ltd. (SZSE:300038) from Shanghai Nuomu Investment Center (Limited Partnership) managed by Duce Capital Investment Management Partnership Limited and Zhang Zhiyong, Zhang Min for approximately CNY 490 million.Jiao Ming signed a share transfer agreement to acquire 5.12% stake of Beijing Shuzhi Technology Co., Ltd. (SZSE:300038) from Shanghai Nuomu Investment Center (Limited Partnership) managed by Duce Capital Investment Management Partnership Limited and Zhang Zhiyong, Zhang Min for approximately CNY 490 million on June 15, 2020. Under the transaction, Jiao Ming will acquire 60 million shares at a price of CNY 8.12 per share.