View Future GrowthLinkage Software 過去の業績過去 基準チェック /16Linkage Softwareの収益は年間平均-10.1%の割合で減少していますが、 Software業界の収益は年間 減少しています。収益は年間8.2% 13.5%割合で 増加しています。 Linkage Softwareの自己資本利益率は3.1%であり、純利益率は3.7%です。主要情報-10.13%収益成長率-9.69%EPS成長率Software 業界の成長4.57%収益成長率13.55%株主資本利益率3.14%ネット・マージン3.66%次回の業績アップデート12 May 2026最近の業績更新お知らせ • Mar 30Linkage Software Co., LTD to Report Q1, 2026 Results on Apr 29, 2026Linkage Software Co., LTD announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 26Linkage Software Co., LTD to Report Fiscal Year 2025 Results on Apr 02, 2026Linkage Software Co., LTD announced that they will report fiscal year 2025 results on Apr 02, 2026お知らせ • Sep 30Linkage Software Co., LTD to Report Q3, 2025 Results on Oct 30, 2025Linkage Software Co., LTD announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jun 30Linkage Software Co., LTD to Report First Half, 2025 Results on Aug 29, 2025Linkage Software Co., LTD announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Mar 28Linkage Software Co., LTD to Report Q1, 2025 Results on Apr 30, 2025Linkage Software Co., LTD announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 27Linkage Software Co., LTD to Report Fiscal Year 2024 Results on Apr 18, 2025Linkage Software Co., LTD announced that they will report fiscal year 2024 results on Apr 18, 2025すべての更新を表示Recent updatesお知らせ • Apr 29Linkage Software Co., LTD, Annual General Meeting, May 22, 2026Linkage Software Co., LTD, Annual General Meeting, May 22, 2026, at 15:00 China Standard Time. Location: 5F, Building 5, Lane 388, Daduhe Road, Putuo District, Shanghai Chinaお知らせ • Mar 30Linkage Software Co., LTD to Report Q1, 2026 Results on Apr 29, 2026Linkage Software Co., LTD announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 26Linkage Software Co., LTD to Report Fiscal Year 2025 Results on Apr 02, 2026Linkage Software Co., LTD announced that they will report fiscal year 2025 results on Apr 02, 2026お知らせ • Sep 30Linkage Software Co., LTD to Report Q3, 2025 Results on Oct 30, 2025Linkage Software Co., LTD announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jun 30Linkage Software Co., LTD to Report First Half, 2025 Results on Aug 29, 2025Linkage Software Co., LTD announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Apr 18Linkage Software Co., LTD, Annual General Meeting, May 19, 2025Linkage Software Co., LTD, Annual General Meeting, May 19, 2025, at 15:00 China Standard Time. Location: 5F, Building 5, Lane 388, Daduhe Road, Putuo District, Shanghai Chinaお知らせ • Mar 28Linkage Software Co., LTD to Report Q1, 2025 Results on Apr 30, 2025Linkage Software Co., LTD announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 27Linkage Software Co., LTD to Report Fiscal Year 2024 Results on Apr 18, 2025Linkage Software Co., LTD announced that they will report fiscal year 2024 results on Apr 18, 2025Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.45, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 97x in the Software industry in China. Total returns to shareholders of 31% over the past year.Buy Or Sell Opportunity • Oct 30Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 90% to CN¥12.83. The fair value is estimated to be CN¥10.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.New Risk • Oct 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Dividend is not well covered by cash flows (203% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change).Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.011 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.23 (up from CN¥0.011 loss in 3Q 2023). Revenue: CN¥276.1m (up 77% from 3Q 2023). Net income: CN¥113.7m (up CN¥118.0m from 3Q 2023). Profit margin: 41% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.New Risk • Sep 30New 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 8.2% 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 13% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (152% payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.4% net profit margin).お知らせ • Sep 30Linkage Software Co., LTD to Report Q3, 2024 Results on Oct 30, 2024Linkage Software Co., LTD announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥8.68, the stock trades at a trailing P/E ratio of 70.7x. Average trailing P/E is 63x in the Software industry in China. Total loss to shareholders of 30% over the past year.New Risk • Sep 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (152% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.4% net profit margin).お知らせ • Sep 06Linkage Software Co., LTD (SHSE:688588) announces an Equity Buyback for CNY 50 million worth of its shares.Linkage Software Co., LTD (SHSE:688588) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 9.6 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives. The program will be funded from company's own funds. The program will be valid for 12 months.お知らせ • Jun 28Linkage Software Co., LTD to Report First Half, 2024 Results on Aug 30, 2024Linkage Software Co., LTD announced that they will report first half, 2024 results on Aug 30, 2024New Risk • May 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.7% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (215% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.6% net profit margin).お知らせ • Apr 29Linkage Software Co., LTD, Annual General Meeting, May 17, 2024Linkage Software Co., LTD, Annual General Meeting, May 17, 2024, at 10:00 China Standard Time. Location: 5F, Building 5, Lane 388, Daduhe Road, Putuo District, Shanghai ChinaReported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.35 in FY 2022)Full year 2023 results: EPS: CN¥0.22 (down from CN¥0.35 in FY 2022). Revenue: CN¥696.4m (up 6.4% from FY 2022). Net income: CN¥86.5m (down 39% from FY 2022). Profit margin: 12% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses.お知らせ • Mar 29Linkage Software Co., LTD to Report Q1, 2024 Results on Apr 30, 2024Linkage Software Co., LTD announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥9.23, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 77x in the Software industry in China.Reported Earnings • Feb 28Full year 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.35 in FY 2022)Full year 2023 results: EPS: CN¥0.22 (down from CN¥0.35 in FY 2022). Revenue: CN¥696.4m (up 6.4% from FY 2022). Net income: CN¥86.1m (down 39% from FY 2022). Profit margin: 12% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses.New Risk • Feb 08New 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥8.11, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 62x in the Software industry in China.Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.011 loss per share (vs CN¥0.056 profit in 3Q 2022)Third quarter 2023 results: CN¥0.011 loss per share (down from CN¥0.056 profit in 3Q 2022). Revenue: CN¥156.0m (up 6.0% from 3Q 2022). Net loss: CN¥4.31m (down 120% from profit in 3Q 2022).Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.052 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.022 (down from CN¥0.052 in 2Q 2022). Revenue: CN¥168.2m (up 3.1% from 2Q 2022). Net income: CN¥8.99m (down 59% from 2Q 2022). Profit margin: 5.3% (down from 13% in 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China.お知らせ • Jun 28Linkage Software Co., LTD to Report First Half, 2023 Results on Aug 30, 2023Linkage Software Co., LTD announced that they will report first half, 2023 results on Aug 30, 2023Board Change • Jun 15Less 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. 3 experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shuifa Gui was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.収支内訳Linkage Software の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史XSSC:688588 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 261,050381178431 Dec 251,0541061198330 Sep 251,069971158030 Jun 251,0982261147531 Mar 251,0982001147231 Dec 241,1141241136930 Sep 241,0131661096030 Jun 24893481016131 Mar 2479737946831 Dec 2369687836930 Sep 23675107747530 Jun 23667133697131 Mar 23662145706731 Dec 22655141716430 Sep 22655122676730 Jun 22653130686731 Mar 22653146666431 Dec 21653146656430 Sep 21652165626330 Jun 21672203596431 Mar 21653202626231 Dec 20630201675930 Sep 20601160746330 Jun 20592136785831 Mar 20597154785631 Dec 19597150795430 Sep 19570152844530 Jun 19539134924631 Mar 19501100795431 Dec 1846791844330 Sep 1844387734130 Jun 1842083624031 Mar 1840884504931 Dec 1738378583930 Sep 1735868622930 Jun 1733358651931 Mar 173125183031 Dec 163145284030 Sep 163075984030 Jun 162996584031 Mar 162866579031 Dec 152736475030 Sep 152645969030 Jun 1525352630質の高い収益: 688588は 高品質の収益 を持っています。利益率の向上: 688588の現在の純利益率 (3.7%)は、昨年(18.2%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 688588の収益は過去 5 年間で年間10.1%減少しました。成長の加速: 688588は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 688588は過去 1 年間で収益成長率がマイナス ( -80.8% ) となったため、 Software業界平均 ( -2.3% ) と比較することが困難です。株主資本利益率高いROE: 688588の 自己資本利益率 ( 3.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health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 12:48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Linkage Software 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。4 アナリスト機関Li XiongGuosen Securities Co., Ltd.Jialin JiangIndustrial Securities Co. Ltd.Qian SunIndustrial Securities Co. Ltd.1 その他のアナリストを表示
お知らせ • Mar 30Linkage Software Co., LTD to Report Q1, 2026 Results on Apr 29, 2026Linkage Software Co., LTD announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 26Linkage Software Co., LTD to Report Fiscal Year 2025 Results on Apr 02, 2026Linkage Software Co., LTD announced that they will report fiscal year 2025 results on Apr 02, 2026
お知らせ • Sep 30Linkage Software Co., LTD to Report Q3, 2025 Results on Oct 30, 2025Linkage Software Co., LTD announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jun 30Linkage Software Co., LTD to Report First Half, 2025 Results on Aug 29, 2025Linkage Software Co., LTD announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Mar 28Linkage Software Co., LTD to Report Q1, 2025 Results on Apr 30, 2025Linkage Software Co., LTD announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 27Linkage Software Co., LTD to Report Fiscal Year 2024 Results on Apr 18, 2025Linkage Software Co., LTD announced that they will report fiscal year 2024 results on Apr 18, 2025
お知らせ • Apr 29Linkage Software Co., LTD, Annual General Meeting, May 22, 2026Linkage Software Co., LTD, Annual General Meeting, May 22, 2026, at 15:00 China Standard Time. Location: 5F, Building 5, Lane 388, Daduhe Road, Putuo District, Shanghai China
お知らせ • Mar 30Linkage Software Co., LTD to Report Q1, 2026 Results on Apr 29, 2026Linkage Software Co., LTD announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 26Linkage Software Co., LTD to Report Fiscal Year 2025 Results on Apr 02, 2026Linkage Software Co., LTD announced that they will report fiscal year 2025 results on Apr 02, 2026
お知らせ • Sep 30Linkage Software Co., LTD to Report Q3, 2025 Results on Oct 30, 2025Linkage Software Co., LTD announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jun 30Linkage Software Co., LTD to Report First Half, 2025 Results on Aug 29, 2025Linkage Software Co., LTD announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Apr 18Linkage Software Co., LTD, Annual General Meeting, May 19, 2025Linkage Software Co., LTD, Annual General Meeting, May 19, 2025, at 15:00 China Standard Time. Location: 5F, Building 5, Lane 388, Daduhe Road, Putuo District, Shanghai China
お知らせ • Mar 28Linkage Software Co., LTD to Report Q1, 2025 Results on Apr 30, 2025Linkage Software Co., LTD announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 27Linkage Software Co., LTD to Report Fiscal Year 2024 Results on Apr 18, 2025Linkage Software Co., LTD announced that they will report fiscal year 2024 results on Apr 18, 2025
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.45, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 97x in the Software industry in China. Total returns to shareholders of 31% over the past year.
Buy Or Sell Opportunity • Oct 30Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 90% to CN¥12.83. The fair value is estimated to be CN¥10.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.
New Risk • Oct 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Dividend is not well covered by cash flows (203% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change).
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.011 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.23 (up from CN¥0.011 loss in 3Q 2023). Revenue: CN¥276.1m (up 77% from 3Q 2023). Net income: CN¥113.7m (up CN¥118.0m from 3Q 2023). Profit margin: 41% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
New Risk • Sep 30New 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 8.2% 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 13% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (152% payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.4% net profit margin).
お知らせ • Sep 30Linkage Software Co., LTD to Report Q3, 2024 Results on Oct 30, 2024Linkage Software Co., LTD announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥8.68, the stock trades at a trailing P/E ratio of 70.7x. Average trailing P/E is 63x in the Software industry in China. Total loss to shareholders of 30% over the past year.
New Risk • Sep 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (152% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.4% net profit margin).
お知らせ • Sep 06Linkage Software Co., LTD (SHSE:688588) announces an Equity Buyback for CNY 50 million worth of its shares.Linkage Software Co., LTD (SHSE:688588) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 9.6 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives. The program will be funded from company's own funds. The program will be valid for 12 months.
お知らせ • Jun 28Linkage Software Co., LTD to Report First Half, 2024 Results on Aug 30, 2024Linkage Software Co., LTD announced that they will report first half, 2024 results on Aug 30, 2024
New Risk • May 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.7% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (215% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.6% net profit margin).
お知らせ • Apr 29Linkage Software Co., LTD, Annual General Meeting, May 17, 2024Linkage Software Co., LTD, Annual General Meeting, May 17, 2024, at 10:00 China Standard Time. Location: 5F, Building 5, Lane 388, Daduhe Road, Putuo District, Shanghai China
Reported Earnings • Apr 28Full year 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.35 in FY 2022)Full year 2023 results: EPS: CN¥0.22 (down from CN¥0.35 in FY 2022). Revenue: CN¥696.4m (up 6.4% from FY 2022). Net income: CN¥86.5m (down 39% from FY 2022). Profit margin: 12% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses.
お知らせ • Mar 29Linkage Software Co., LTD to Report Q1, 2024 Results on Apr 30, 2024Linkage Software Co., LTD announced that they will report Q1, 2024 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥9.23, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 77x in the Software industry in China.
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.35 in FY 2022)Full year 2023 results: EPS: CN¥0.22 (down from CN¥0.35 in FY 2022). Revenue: CN¥696.4m (up 6.4% from FY 2022). Net income: CN¥86.1m (down 39% from FY 2022). Profit margin: 12% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses.
New Risk • Feb 08New 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥8.11, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 62x in the Software industry in China.
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.011 loss per share (vs CN¥0.056 profit in 3Q 2022)Third quarter 2023 results: CN¥0.011 loss per share (down from CN¥0.056 profit in 3Q 2022). Revenue: CN¥156.0m (up 6.0% from 3Q 2022). Net loss: CN¥4.31m (down 120% from profit in 3Q 2022).
Reported Earnings • Aug 30Second quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.052 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.022 (down from CN¥0.052 in 2Q 2022). Revenue: CN¥168.2m (up 3.1% from 2Q 2022). Net income: CN¥8.99m (down 59% from 2Q 2022). Profit margin: 5.3% (down from 13% in 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China.
お知らせ • Jun 28Linkage Software Co., LTD to Report First Half, 2023 Results on Aug 30, 2023Linkage Software Co., LTD announced that they will report first half, 2023 results on Aug 30, 2023
Board Change • Jun 15Less 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. 3 experienced directors. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shuifa Gui was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.