View ValuationMerit InteractiveLtd 将来の成長Future 基準チェック /06現在、 Merit InteractiveLtdの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率IT 収益成長32.8%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Major Estimate Revision • Nov 03Analysts lower revenue estimates to CN¥615.9mThe 2020 consensus revenue estimate decreased from CN¥693.0m. Earning per share (EPS) estimate was also lowered from CN¥0.46 to CN¥0.38 for the same period. Net income is expected to grow by 192% next year compared to 45% growth forecast for the IT industry in China. The consensus price target was lowered from CN¥45.00 to CN¥39.40. Share price is down by 6.2% to CN¥27.17 over the past week.すべての更新を表示Recent updatesReported Earnings • Apr 29Full year 2025 earnings released: CN¥0.09 loss per share (vs CN¥0.17 loss in FY 2024)Full year 2025 results: CN¥0.09 loss per share (improved from CN¥0.17 loss in FY 2024). Revenue: CN¥515.6m (up 9.6% from FY 2024). Net loss: CN¥35.0m (loss narrowed 46% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.お知らせ • Apr 29Merit Interactive Co.,Ltd., Annual General Meeting, May 20, 2026Merit Interactive Co.,Ltd., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: South Tower, No. 100, Jingda Road, Xihu District, Hangzhou, Zhejiang Chinaお知らせ • Mar 31Merit Interactive Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026Merit Interactive Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026New Risk • Feb 24New 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 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 67% per year over the past 5 years.New Risk • Jan 12New 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 8.4% 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 Earnings have declined by 67% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).お知らせ • Dec 31Merit Interactive Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Merit Interactive Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: CN¥0.059 loss per share (vs CN¥0.006 profit in 3Q 2024)Third quarter 2025 results: CN¥0.059 loss per share (down from CN¥0.006 profit in 3Q 2024). Revenue: CN¥115.9m (flat on 3Q 2024). Net loss: CN¥22.3m (down CN¥24.5m from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Merit Interactive Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025Merit Interactive Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Reported Earnings • Aug 20Second quarter 2025 earnings released: CN¥0.038 loss per share (vs CN¥0.018 profit in 2Q 2024)Second quarter 2025 results: CN¥0.038 loss per share (down from CN¥0.018 profit in 2Q 2024). Revenue: CN¥119.3m (up 2.1% from 2Q 2024). Net loss: CN¥15.4m (down 294% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 165 percentage points per year, which is a significant difference in performance.New Risk • Aug 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% 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 Earnings have declined by 56% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).お知らせ • Jul 02Merit Interactive Co.,Ltd. to Report First Half, 2025 Results on Aug 20, 2025Merit Interactive Co.,Ltd. announced that they will report first half, 2025 results on Aug 20, 2025Reported Earnings • May 03First quarter 2025 earnings released: CN¥0.042 loss per share (vs CN¥0.01 loss in 1Q 2024)First quarter 2025 results: CN¥0.042 loss per share (further deteriorated from CN¥0.01 loss in 1Q 2024). Revenue: CN¥99.2m (down 1.0% from 1Q 2024). Net loss: CN¥16.5m (loss widened 336% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 175 percentage points per year, which is a significant difference in performance.お知らせ • Mar 31Merit Interactive Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025Merit Interactive Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025Reported Earnings • Mar 27Full year 2024 earnings released: CN¥0.17 loss per share (vs CN¥0.13 loss in FY 2023)Full year 2024 results: CN¥0.17 loss per share (further deteriorated from CN¥0.13 loss in FY 2023). Revenue: CN¥470.4m (up 9.4% from FY 2023). Net loss: CN¥64.8m (loss widened 30% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 161 percentage points per year, which is a significant difference in performance.お知らせ • Mar 26Merit Interactive Co.,Ltd., Annual General Meeting, Apr 16, 2025Merit Interactive Co.,Ltd., Annual General Meeting, Apr 16, 2025, at 14:00 China Standard Time. Location: South Tower, No. 100, Jingda Road, Xihu District, Hangzhou, Zhejiang China分析記事 • Mar 21Merit Interactive Co.,Ltd. (SZSE:300766) May Have Run Too Fast Too Soon With Recent 29% Price PlummetMerit Interactive Co.,Ltd. ( SZSE:300766 ) shares have retraced a considerable 29% in the last month, reversing a fair...分析記事 • Jan 23Revenues Not Telling The Story For Merit Interactive Co.,Ltd. (SZSE:300766) After Shares Rise 28%The Merit Interactive Co.,Ltd. ( SZSE:300766 ) share price has done very well over the last month, posting an excellent...お知らせ • Dec 31Merit Interactive Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 26, 2025Merit Interactive Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 26, 2025Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.006 (vs CN¥0.019 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.006 (up from CN¥0.019 loss in 3Q 2023). Revenue: CN¥116.3m (up 19% from 3Q 2023). Net income: CN¥2.20m (up CN¥9.62m from 3Q 2023). Profit margin: 1.9% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance.分析記事 • Oct 20Merit Interactive Co.,Ltd.'s (SZSE:300766) Shares Climb 47% But Its Business Is Yet to Catch UpMerit Interactive Co.,Ltd. ( SZSE:300766 ) shares have continued their recent momentum with a 47% gain in the last...お知らせ • Sep 30Merit Interactive Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024Merit Interactive Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.018 (vs CN¥0.016 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.018 (up from CN¥0.016 in 2Q 2023). Revenue: CN¥116.9m (up 12% from 2Q 2023). Net income: CN¥7.94m (up 26% from 2Q 2023). Profit margin: 6.8% (up from 6.0% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.お知らせ • Jun 29Merit Interactive Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024Merit Interactive Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024New Risk • Jun 18New major risk - Revenue and earnings growthEarnings have declined by 47% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10.0% average weekly change).Reported Earnings • Apr 24Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.13 loss per share (down from CN¥0.07 profit in FY 2022). Revenue: CN¥429.9m (down 18% from FY 2022). Net loss: CN¥49.9m (down 290% from profit in FY 2022). Revenue missed analyst estimates by 21%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.お知らせ • Apr 23Merit Interactive Co.,Ltd., Annual General Meeting, May 28, 2024Merit Interactive Co.,Ltd., Annual General Meeting, May 28, 2024, at 14:30 China Standard Time. Location: South Tower, No. 100, Jingda Road, Xihu District, Hangzhou, Zhejiang China分析記事 • Apr 16More Unpleasant Surprises Could Be In Store For Merit Interactive Co.,Ltd.'s (SZSE:300766) Shares After Tumbling 27%The Merit Interactive Co.,Ltd. ( SZSE:300766 ) share price has fared very poorly over the last month, falling by a...お知らせ • Mar 30Merit Interactive Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024Merit Interactive Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024分析記事 • Mar 01Merit Interactive Co.,Ltd. (SZSE:300766) Stock Rockets 34% As Investors Are Less Pessimistic Than ExpectedThose holding Merit Interactive Co.,Ltd. ( SZSE:300766 ) shares would be relieved that the share price has rebounded...分析記事 • Feb 29Merit InteractiveLtd (SZSE:300766) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Feb 05New 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 8.4% 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 Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).お知らせ • Dec 29Merit Interactive Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024Merit Interactive Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024お知らせ • Nov 17Merit Interactive Co.,Ltd. Elects Yin Zuyong as DirectorMerit Interactive Co.,Ltd. announced that at its Extraordinary General Meeting held on 14 November 2023, approved the election of Yin Zuyong as a director.Reported Earnings • Oct 25Third quarter 2023 earnings released: CN¥0.019 loss per share (vs CN¥0.016 loss in 3Q 2022)Third quarter 2023 results: CN¥0.019 loss per share (further deteriorated from CN¥0.016 loss in 3Q 2022). Revenue: CN¥98.1m (down 7.2% from 3Q 2022). Net loss: CN¥7.43m (loss widened 4.6% from 3Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Merit Interactive Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023Merit Interactive Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023New Risk • Aug 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.4% 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 Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.03 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.016 (down from CN¥0.03 in 2Q 2022). Revenue: CN¥104.7m (down 15% from 2Q 2022). Net income: CN¥6.29m (down 45% from 2Q 2022). Profit margin: 6.0% (down from 9.4% in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 24% per year.お知らせ • Jul 06Merit Interactive Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on July 11, 2023Merit Interactive Co.,Ltd. announced final cash dividend of CNY 0.50 per 10 shares on A shares for the year 2022. Record date is July 10, 2023, Ex-Date is July 11, 2023 and Payment Date is July 11, 2023.お知らせ • Jun 01Merit Interactive Co.,Ltd. Approves Cash Dividend for 2022Merit Interactive Co.,Ltd. approved cash dividend per 10 shares (tax included) of CNY 0.50000000 for 2022 at its annual general meeting held on 26 May 2023.お知らせ • May 19M.R.Tech Co., Ltd. Approves 2022 Profit Distribution PlanM.R.Tech Co. Ltd. at its AGM held on May 17, 2023, approved 2022 profit distribution plan. The AGM approved cash dividend/10 shares (tax included) of CNY 0.50000000.Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.29 in FY 2021)Full year 2022 results: EPS: CN¥0.07 (down from CN¥0.29 in FY 2021). Revenue: CN¥525.9m (down 12% from FY 2021). Net income: CN¥26.3m (down 77% from FY 2021). Profit margin: 5.0% (down from 19% in FY 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥12.18, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 46x in the IT industry in China. Total loss to shareholders of 63% over the past three years.Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Bin Guo was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jul 06Merit Interactive Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2021, Payable on 11 July 2021Merit Interactive Co.,Ltd. announced a final cash dividend of CNY 0.50000000 per 10 A shares (tax included) for the year 2021. The company announced final cash dividend/10 shares (tax included) of CNY 0.50000000. Record date: 08 July 2022, Ex-date: 11 July 2022 and Payment date: 11 July 2022.お知らせ • May 24+ 1 more updateMerit Interactive Co.,Ltd. Approves Election Guo Bin, Ma Dongming, and Jin Cheng as Independent DirectorsMerit Interactive Co.,Ltd. held its Annual General Meeting of 2021 on 20 May 2022, approved election Guo Bin, Ma Dongming, and Jin Cheng as independent directors.Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.04 (vs CN¥0.04 in 1Q 2021). Revenue: CN¥159.9m (up 24% from 1Q 2021). Net income: CN¥16.5m (down 14% from 1Q 2021). Profit margin: 10% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 48%. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.お知らせ • Apr 19+ 1 more updateMerit Interactive Co.,Ltd. Announces Final Cash Dividend Proposal for 2021Merit Interactive Co.,Ltd. announced the profit distribution proposal for 2021. The company announced final cash dividend/10 shares (tax included) of CNY 0.50000000.Reported Earnings • Apr 17Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.29 (up from CN¥0.18 in FY 2020). Revenue: CN¥600.5m (up 20% from FY 2020). Net income: CN¥114.1m (up 59% from FY 2020). Profit margin: 19% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 48%. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 43% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥12.90, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 42x in the IT industry in China. Total loss to shareholders of 82% over the past three years.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥17.16, the stock trades at a trailing P/E ratio of 70.1x. Average trailing P/E is 49x in the IT industry in China. Total returns to shareholders of 21% over the past year.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CN¥14.00, the stock trades at a trailing P/E ratio of 57.2x. Average trailing P/E is 49x in the IT industry in China. Total loss to shareholders of 14% over the past year.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥16.93, the stock trades at a trailing P/E ratio of 69.1x. Average trailing P/E is 48x in the IT industry in China. Total loss to shareholders of 38% over the past year.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.091 (vs CN¥0.05 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥158.3m (up 25% from 3Q 2020). Net income: CN¥33.4m (up 66% from 3Q 2020). Profit margin: 21% (up from 16% in 3Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.091 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: CN¥139.0m (flat on 2Q 2020). Net income: CN¥36.4m (up 6.5% from 2Q 2020). Profit margin: 26% (up from 25% in 2Q 2020).お知らせ • May 29Merit Interactive Co., Ltd. Approves Cash Dividend for the Year 2020Merit Interactive Co., Ltd. announced that at its Annual General Meeting of 2020 held on 25 May 2021, approved Cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2020.お知らせ • Apr 27Merit Interactive Co., Ltd. Proposes Final Dividend for the Year 2020Merit Interactive Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2020.Reported Earnings • Apr 26Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.28 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥501.4m (down 6.9% from FY 2019). Net income: CN¥72.0m (down 34% from FY 2019). Profit margin: 14% (down from 20% in FY 2019).Is New 90 Day High Low • Feb 01New 90-day low: CN¥15.61The company is down 43% from its price of CN¥27.17 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.98 per share.Is New 90 Day High Low • Jan 11New 90-day low: CN¥15.72The company is down 49% from its price of CN¥30.54 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.97 per share.Is New 90 Day High Low • Dec 08New 90-day low: CN¥26.44The company is down 23% from its price of CN¥34.23 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 IT industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.72 per share.Major Estimate Revision • Nov 03Analysts lower revenue estimates to CN¥615.9mThe 2020 consensus revenue estimate decreased from CN¥693.0m. Earning per share (EPS) estimate was also lowered from CN¥0.46 to CN¥0.38 for the same period. Net income is expected to grow by 192% next year compared to 45% growth forecast for the IT industry in China. The consensus price target was lowered from CN¥45.00 to CN¥39.40. Share price is down by 6.2% to CN¥27.17 over the past week.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥79.2m, down 55% from the prior year. Total revenue was CN¥547.2m over the last 12 months, up 3.4% from the prior year.Is New 90 Day High Low • Oct 19New 90-day low: CN¥28.46The company is down 23% from its price of CN¥37.20 on 21 July 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.40 per share.お知らせ • Sep 29Zhejiang Merit Interactive Network Technology Co., Ltd. announced that it expects to receive CNY 1.1 billion in fundingZhejiang Merit Interactive Network Technology Co., Ltd. (SZSE:300766) announced a private placement of not more than 40,010,000 A shares for gross proceeds of not more than CNY 1,100,000,000 on September 24, 2020. The issue price of the share shall not be less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction will include participation from not more than 35 investors. The transaction has been approved at the 15th meeting of the 2nd directorate and the 13th meeting of the 2nd supervisory board of the company. The transaction is subject to approval at the shareholders meeting, from Shenzhen Stock Exchange, and China Securities Regulatory Commission. The securities issued cannot be transferred within 6 months from the issuance closing date.お知らせ • Aug 13Zhejiang Merit Interactive Network Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Zhejiang Merit Interactive Network Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 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、Merit InteractiveLtd 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:300766 - 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3/31/2026537-35-4876N/A12/31/2025516-35-10148N/A9/30/2025471-125-14228N/A6/30/2025472-101-11836N/A3/31/2025469-77-165-11N/A12/31/2024470-65-10819N/A9/30/2024453-44-131-47N/A6/30/2024435-54-183-66N/A3/31/2024423-55-159-39N/A12/31/2023430-50-13812N/A9/30/20234486-14710N/A6/30/20234556-11059N/A3/31/202347311-9379N/A1/1/202352626-11268N/A9/30/202256246-43158N/A6/30/20226158631208N/A3/31/2022631111114283N/A1/1/2022601114108250N/A9/30/202158196-5559N/A6/30/202153873-10612N/A3/31/202152963-1193N/A12/31/202050172-6745N/A9/30/20204993969187N/A6/30/202050155-74106N/A3/31/202046144-199-27N/A12/31/201950176N/A-11N/A9/30/2019511161N/A-37N/A6/30/2019520200N/A100N/A3/31/2019549242N/A177N/A12/31/2018539249N/A219N/A9/30/2018487247N/A226N/A6/30/2018470239N/A203N/A3/31/2018409197N/A175N/A12/31/2017333147N/A122N/A12/31/201617734N/A53N/A12/31/20157811N/A-14N/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: 300766の予測収益成長が 貯蓄率 ( 2.4% ) 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: 300766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: 300766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: 300766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: 300766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: 300766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2026/05/07 18:17終値2026/05/07 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Merit Interactive 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。2 アナリスト機関Wanbei DingIndustrial Securities Co. Ltd.Rong KongTianfeng Securities Brokerage Co., Ltd
Major Estimate Revision • Nov 03Analysts lower revenue estimates to CN¥615.9mThe 2020 consensus revenue estimate decreased from CN¥693.0m. Earning per share (EPS) estimate was also lowered from CN¥0.46 to CN¥0.38 for the same period. Net income is expected to grow by 192% next year compared to 45% growth forecast for the IT industry in China. The consensus price target was lowered from CN¥45.00 to CN¥39.40. Share price is down by 6.2% to CN¥27.17 over the past week.
Reported Earnings • Apr 29Full year 2025 earnings released: CN¥0.09 loss per share (vs CN¥0.17 loss in FY 2024)Full year 2025 results: CN¥0.09 loss per share (improved from CN¥0.17 loss in FY 2024). Revenue: CN¥515.6m (up 9.6% from FY 2024). Net loss: CN¥35.0m (loss narrowed 46% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 29Merit Interactive Co.,Ltd., Annual General Meeting, May 20, 2026Merit Interactive Co.,Ltd., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: South Tower, No. 100, Jingda Road, Xihu District, Hangzhou, Zhejiang China
お知らせ • Mar 31Merit Interactive Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026Merit Interactive Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
New Risk • Feb 24New 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 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 67% per year over the past 5 years.
New Risk • Jan 12New 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 8.4% 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 Earnings have declined by 67% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change).
お知らせ • Dec 31Merit Interactive Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Merit Interactive Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: CN¥0.059 loss per share (vs CN¥0.006 profit in 3Q 2024)Third quarter 2025 results: CN¥0.059 loss per share (down from CN¥0.006 profit in 3Q 2024). Revenue: CN¥115.9m (flat on 3Q 2024). Net loss: CN¥22.3m (down CN¥24.5m from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Merit Interactive Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025Merit Interactive Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Reported Earnings • Aug 20Second quarter 2025 earnings released: CN¥0.038 loss per share (vs CN¥0.018 profit in 2Q 2024)Second quarter 2025 results: CN¥0.038 loss per share (down from CN¥0.018 profit in 2Q 2024). Revenue: CN¥119.3m (up 2.1% from 2Q 2024). Net loss: CN¥15.4m (down 294% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 165 percentage points per year, which is a significant difference in performance.
New Risk • Aug 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% 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 Earnings have declined by 56% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
お知らせ • Jul 02Merit Interactive Co.,Ltd. to Report First Half, 2025 Results on Aug 20, 2025Merit Interactive Co.,Ltd. announced that they will report first half, 2025 results on Aug 20, 2025
Reported Earnings • May 03First quarter 2025 earnings released: CN¥0.042 loss per share (vs CN¥0.01 loss in 1Q 2024)First quarter 2025 results: CN¥0.042 loss per share (further deteriorated from CN¥0.01 loss in 1Q 2024). Revenue: CN¥99.2m (down 1.0% from 1Q 2024). Net loss: CN¥16.5m (loss widened 336% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 175 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 31Merit Interactive Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025Merit Interactive Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025
Reported Earnings • Mar 27Full year 2024 earnings released: CN¥0.17 loss per share (vs CN¥0.13 loss in FY 2023)Full year 2024 results: CN¥0.17 loss per share (further deteriorated from CN¥0.13 loss in FY 2023). Revenue: CN¥470.4m (up 9.4% from FY 2023). Net loss: CN¥64.8m (loss widened 30% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 161 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 26Merit Interactive Co.,Ltd., Annual General Meeting, Apr 16, 2025Merit Interactive Co.,Ltd., Annual General Meeting, Apr 16, 2025, at 14:00 China Standard Time. Location: South Tower, No. 100, Jingda Road, Xihu District, Hangzhou, Zhejiang China
分析記事 • Mar 21Merit Interactive Co.,Ltd. (SZSE:300766) May Have Run Too Fast Too Soon With Recent 29% Price PlummetMerit Interactive Co.,Ltd. ( SZSE:300766 ) shares have retraced a considerable 29% in the last month, reversing a fair...
分析記事 • Jan 23Revenues Not Telling The Story For Merit Interactive Co.,Ltd. (SZSE:300766) After Shares Rise 28%The Merit Interactive Co.,Ltd. ( SZSE:300766 ) share price has done very well over the last month, posting an excellent...
お知らせ • Dec 31Merit Interactive Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 26, 2025Merit Interactive Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 26, 2025
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.006 (vs CN¥0.019 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.006 (up from CN¥0.019 loss in 3Q 2023). Revenue: CN¥116.3m (up 19% from 3Q 2023). Net income: CN¥2.20m (up CN¥9.62m from 3Q 2023). Profit margin: 1.9% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance.
分析記事 • Oct 20Merit Interactive Co.,Ltd.'s (SZSE:300766) Shares Climb 47% But Its Business Is Yet to Catch UpMerit Interactive Co.,Ltd. ( SZSE:300766 ) shares have continued their recent momentum with a 47% gain in the last...
お知らせ • Sep 30Merit Interactive Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024Merit Interactive Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.018 (vs CN¥0.016 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.018 (up from CN¥0.016 in 2Q 2023). Revenue: CN¥116.9m (up 12% from 2Q 2023). Net income: CN¥7.94m (up 26% from 2Q 2023). Profit margin: 6.8% (up from 6.0% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 29Merit Interactive Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024Merit Interactive Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024
New Risk • Jun 18New major risk - Revenue and earnings growthEarnings have declined by 47% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10.0% average weekly change).
Reported Earnings • Apr 24Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.13 loss per share (down from CN¥0.07 profit in FY 2022). Revenue: CN¥429.9m (down 18% from FY 2022). Net loss: CN¥49.9m (down 290% from profit in FY 2022). Revenue missed analyst estimates by 21%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 23Merit Interactive Co.,Ltd., Annual General Meeting, May 28, 2024Merit Interactive Co.,Ltd., Annual General Meeting, May 28, 2024, at 14:30 China Standard Time. Location: South Tower, No. 100, Jingda Road, Xihu District, Hangzhou, Zhejiang China
分析記事 • Apr 16More Unpleasant Surprises Could Be In Store For Merit Interactive Co.,Ltd.'s (SZSE:300766) Shares After Tumbling 27%The Merit Interactive Co.,Ltd. ( SZSE:300766 ) share price has fared very poorly over the last month, falling by a...
お知らせ • Mar 30Merit Interactive Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024Merit Interactive Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
分析記事 • Mar 01Merit Interactive Co.,Ltd. (SZSE:300766) Stock Rockets 34% As Investors Are Less Pessimistic Than ExpectedThose holding Merit Interactive Co.,Ltd. ( SZSE:300766 ) shares would be relieved that the share price has rebounded...
分析記事 • Feb 29Merit InteractiveLtd (SZSE:300766) Has Debt But No Earnings; Should You Worry?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Feb 05New 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 8.4% 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 Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).
お知らせ • Dec 29Merit Interactive Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024Merit Interactive Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024
お知らせ • Nov 17Merit Interactive Co.,Ltd. Elects Yin Zuyong as DirectorMerit Interactive Co.,Ltd. announced that at its Extraordinary General Meeting held on 14 November 2023, approved the election of Yin Zuyong as a director.
Reported Earnings • Oct 25Third quarter 2023 earnings released: CN¥0.019 loss per share (vs CN¥0.016 loss in 3Q 2022)Third quarter 2023 results: CN¥0.019 loss per share (further deteriorated from CN¥0.016 loss in 3Q 2022). Revenue: CN¥98.1m (down 7.2% from 3Q 2022). Net loss: CN¥7.43m (loss widened 4.6% from 3Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Merit Interactive Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023Merit Interactive Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023
New Risk • Aug 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.4% 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 Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).
Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.03 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.016 (down from CN¥0.03 in 2Q 2022). Revenue: CN¥104.7m (down 15% from 2Q 2022). Net income: CN¥6.29m (down 45% from 2Q 2022). Profit margin: 6.0% (down from 9.4% in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 24% per year.
お知らせ • Jul 06Merit Interactive Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on July 11, 2023Merit Interactive Co.,Ltd. announced final cash dividend of CNY 0.50 per 10 shares on A shares for the year 2022. Record date is July 10, 2023, Ex-Date is July 11, 2023 and Payment Date is July 11, 2023.
お知らせ • Jun 01Merit Interactive Co.,Ltd. Approves Cash Dividend for 2022Merit Interactive Co.,Ltd. approved cash dividend per 10 shares (tax included) of CNY 0.50000000 for 2022 at its annual general meeting held on 26 May 2023.
お知らせ • May 19M.R.Tech Co., Ltd. Approves 2022 Profit Distribution PlanM.R.Tech Co. Ltd. at its AGM held on May 17, 2023, approved 2022 profit distribution plan. The AGM approved cash dividend/10 shares (tax included) of CNY 0.50000000.
Reported Earnings • Apr 26Full year 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.29 in FY 2021)Full year 2022 results: EPS: CN¥0.07 (down from CN¥0.29 in FY 2021). Revenue: CN¥525.9m (down 12% from FY 2021). Net income: CN¥26.3m (down 77% from FY 2021). Profit margin: 5.0% (down from 19% in FY 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥12.18, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 46x in the IT industry in China. Total loss to shareholders of 63% over the past three years.
Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Director Bin Guo was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 06Merit Interactive Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2021, Payable on 11 July 2021Merit Interactive Co.,Ltd. announced a final cash dividend of CNY 0.50000000 per 10 A shares (tax included) for the year 2021. The company announced final cash dividend/10 shares (tax included) of CNY 0.50000000. Record date: 08 July 2022, Ex-date: 11 July 2022 and Payment date: 11 July 2022.
お知らせ • May 24+ 1 more updateMerit Interactive Co.,Ltd. Approves Election Guo Bin, Ma Dongming, and Jin Cheng as Independent DirectorsMerit Interactive Co.,Ltd. held its Annual General Meeting of 2021 on 20 May 2022, approved election Guo Bin, Ma Dongming, and Jin Cheng as independent directors.
Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.04 (vs CN¥0.04 in 1Q 2021). Revenue: CN¥159.9m (up 24% from 1Q 2021). Net income: CN¥16.5m (down 14% from 1Q 2021). Profit margin: 10% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 48%. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings.
お知らせ • Apr 19+ 1 more updateMerit Interactive Co.,Ltd. Announces Final Cash Dividend Proposal for 2021Merit Interactive Co.,Ltd. announced the profit distribution proposal for 2021. The company announced final cash dividend/10 shares (tax included) of CNY 0.50000000.
Reported Earnings • Apr 17Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.29 (up from CN¥0.18 in FY 2020). Revenue: CN¥600.5m (up 20% from FY 2020). Net income: CN¥114.1m (up 59% from FY 2020). Profit margin: 19% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 48%. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 43% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥12.90, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 42x in the IT industry in China. Total loss to shareholders of 82% over the past three years.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥17.16, the stock trades at a trailing P/E ratio of 70.1x. Average trailing P/E is 49x in the IT industry in China. Total returns to shareholders of 21% over the past year.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CN¥14.00, the stock trades at a trailing P/E ratio of 57.2x. Average trailing P/E is 49x in the IT industry in China. Total loss to shareholders of 14% over the past year.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥16.93, the stock trades at a trailing P/E ratio of 69.1x. Average trailing P/E is 48x in the IT industry in China. Total loss to shareholders of 38% over the past year.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.091 (vs CN¥0.05 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥158.3m (up 25% from 3Q 2020). Net income: CN¥33.4m (up 66% from 3Q 2020). Profit margin: 21% (up from 16% in 3Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.091 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: CN¥139.0m (flat on 2Q 2020). Net income: CN¥36.4m (up 6.5% from 2Q 2020). Profit margin: 26% (up from 25% in 2Q 2020).
お知らせ • May 29Merit Interactive Co., Ltd. Approves Cash Dividend for the Year 2020Merit Interactive Co., Ltd. announced that at its Annual General Meeting of 2020 held on 25 May 2021, approved Cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2020.
お知らせ • Apr 27Merit Interactive Co., Ltd. Proposes Final Dividend for the Year 2020Merit Interactive Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2020.
Reported Earnings • Apr 26Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.28 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥501.4m (down 6.9% from FY 2019). Net income: CN¥72.0m (down 34% from FY 2019). Profit margin: 14% (down from 20% in FY 2019).
Is New 90 Day High Low • Feb 01New 90-day low: CN¥15.61The company is down 43% from its price of CN¥27.17 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.98 per share.
Is New 90 Day High Low • Jan 11New 90-day low: CN¥15.72The company is down 49% from its price of CN¥30.54 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.97 per share.
Is New 90 Day High Low • Dec 08New 90-day low: CN¥26.44The company is down 23% from its price of CN¥34.23 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 IT industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.72 per share.
Major Estimate Revision • Nov 03Analysts lower revenue estimates to CN¥615.9mThe 2020 consensus revenue estimate decreased from CN¥693.0m. Earning per share (EPS) estimate was also lowered from CN¥0.46 to CN¥0.38 for the same period. Net income is expected to grow by 192% next year compared to 45% growth forecast for the IT industry in China. The consensus price target was lowered from CN¥45.00 to CN¥39.40. Share price is down by 6.2% to CN¥27.17 over the past week.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥79.2m, down 55% from the prior year. Total revenue was CN¥547.2m over the last 12 months, up 3.4% from the prior year.
Is New 90 Day High Low • Oct 19New 90-day low: CN¥28.46The company is down 23% from its price of CN¥37.20 on 21 July 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.40 per share.
お知らせ • Sep 29Zhejiang Merit Interactive Network Technology Co., Ltd. announced that it expects to receive CNY 1.1 billion in fundingZhejiang Merit Interactive Network Technology Co., Ltd. (SZSE:300766) announced a private placement of not more than 40,010,000 A shares for gross proceeds of not more than CNY 1,100,000,000 on September 24, 2020. The issue price of the share shall not be less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction will include participation from not more than 35 investors. The transaction has been approved at the 15th meeting of the 2nd directorate and the 13th meeting of the 2nd supervisory board of the company. The transaction is subject to approval at the shareholders meeting, from Shenzhen Stock Exchange, and China Securities Regulatory Commission. The securities issued cannot be transferred within 6 months from the issuance closing date.
お知らせ • Aug 13Zhejiang Merit Interactive Network Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Zhejiang Merit Interactive Network Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020