Reported Earnings • Mar 25
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: CN¥0.04 loss per share (improved from CN¥2.73 loss in FY 2024). Revenue: CN¥728.6m (up 11% from FY 2024). Net loss: CN¥9.63m (loss narrowed 98% from FY 2024). Revenue missed analyst estimates by 14%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 38% growth forecast for the IT industry in Hong Kong. お知らせ • Mar 25
Baiwang Co., Ltd., Annual General Meeting, Jun 26, 2026 Baiwang Co., Ltd., Annual General Meeting, Jun 26, 2026. New Risk • Mar 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. お知らせ • Mar 12
Baiwang Co., Ltd. to Report Fiscal Year 2025 Results on Mar 24, 2026 Baiwang Co., Ltd. announced that they will report fiscal year 2025 results on Mar 24, 2026 Reported Earnings • Oct 02
First half 2025 earnings released: EPS: CN¥0.016 (vs CN¥3.18 loss in 1H 2024) First half 2025 results: EPS: CN¥0.016 (up from CN¥3.18 loss in 1H 2024). Revenue: CN¥347.6m (up 24% from 1H 2024). Net income: CN¥3.72m (up CN¥449.2m from 1H 2024). Profit margin: 1.1% (up from net loss in 1H 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the IT industry in Hong Kong. Reported Earnings • Aug 21
First half 2025 earnings released: EPS: CN¥0.016 (vs CN¥3.18 loss in 1H 2024) First half 2025 results: EPS: CN¥0.016 (up from CN¥3.18 loss in 1H 2024). Revenue: CN¥347.6m (up 24% from 1H 2024). Net income: CN¥3.72m (up CN¥449.2m from 1H 2024). Profit margin: 1.1% (up from net loss in 1H 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the IT industry in Asia. お知らせ • Aug 09
Baiwang Co., Ltd. to Report First Half, 2025 Results on Aug 20, 2025 Baiwang Co., Ltd. announced that they will report first half, 2025 results on Aug 20, 2025 お知らせ • Aug 04
Baiwang Co., Ltd. Provides Earnings Guidance for the Six Months Ended June 30, 2025 Baiwang Co., Ltd. provided earnings guidance for the six months ended June 30, 2025 . For the six months, the Group is expected to record (1) a total revenue for the six months ended June 30, 2025 of approximately RMB 330.0 million to RMB 380.0 million, as compared to the total revenue of RMB 281.6 million for the six months ended June 30, 2024. The Group's current businesses comprise the artificial intelligence business (the "AI Business") and the core business (including cloud financial & tax digitalization solutions, on-premises financial & tax digitalization solutions and data- driven analytics services). The Group's total revenue included the revenue from the AI Business for the six months ended June 30, 2025 of approximately RMB 58.0 million to RMB 63.0 million, as compared to nil from the AI Business for the six months ended June 30, 2024; (2) a gross profit margin for the six months ended June 30, 2025 of approximately 45.0% to 50.0%, as compared to the gross profit margin of 39.2% for the six months ended June 30, 2024; and (3) a net profit for the six months ended June 30, 2025 of approximately RMB 3 million to RMB 5 million, as compared to the net loss of RMB 445.8 million for the six months ended June 30, 2024. Based on the information currently available, the Board is of the view that, compared with the same period in 2024, (i) the increase in total revenue was primarily due to the increase in the revenue from the AI Business and the financial & tax digitalization solutions; (ii) the increase in gross profit margin was primarily due to the Company's strategic reduction in the marketing efforts into the low-margin business and savings in cost of sales through refined cost management; and (iii) the increase in net profit was mainly attributable to the increase in total revenue realized through the implementation of scene-based data intelligence strategy. In addition, the Group achieved gross profit margin expansion, operational efficiency enhancement and savings in operating expenses through refined operations. Additionally, fair value changes of financial liabilities at fair value through profit or loss ("FVTPL") relating to the shares with preferential rights issued by the Company was nil for the six months ended June 30, 2025 after the Company's completion of the listing of its H shares on the Main Board of Hong Kong Stock Exchange. New Risk • Jul 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. お知らせ • Apr 01
Baiwang Co., Ltd., Annual General Meeting, Jun 27, 2025 Baiwang Co., Ltd., Annual General Meeting, Jun 27, 2025. お知らせ • Mar 17
Baiwang Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025 Baiwang Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025 お知らせ • Oct 18
Baiwang Co., Ltd. Announces Resignation of Yang Zhengdao as Executive Director The board of directors of Baiwang Co., Ltd. announced that Mr. Yang Zhengdao has tendered his resignation as an executive Director of the Company with effect from October 17, 2024 in pursuit of his other personal career development objectives, and ceased to serve as a member of the remuneration and appraisal committee of the Board. Mr. Yang has confirmed that he has no disagreement with the Board and that no matters concerning his resignation need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. Reported Earnings • Sep 01
First half 2024 earnings released First half 2024 results: CN¥3.18 loss per share. Net loss: CN¥445.5m (flat on 1H 2023). お知らせ • Aug 16
Baiwang Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Baiwang Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 お知らせ • Jul 09
Baiwang Co., Ltd. has completed an IPO in the amount of HKD 333.432 million. Baiwang Co., Ltd. has completed an IPO in the amount of HKD 333.432 million.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 926,200
Price\Range: HKD 36
Discount Per Security: HKD 1.44
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 1,113,600
Price\Range: HKD 36
Discount Per Security: HKD 1.44
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 7,222,200
Price\Range: HKD 36
Discount Per Security: HKD 1.44
Transaction Features: Regulation S; Sponsor Backed Offering