View ValuationMing Yuan Cloud Group Holdings 将来の成長Future 基準チェック /36Ming Yuan Cloud Group Holdings利益と収益がそれぞれ年間37.2%と0.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に2.5% 34.8%なると予測されています。主要情報37.2%収益成長率34.77%EPS成長率Software 収益成長82.9%収益成長率0.1%将来の株主資本利益率2.50%アナリストカバレッジGood最終更新日21 Jul 2026今後の成長に関する最新情報Major Estimate Revision • Aug 11Consensus EPS estimates upgraded to CN¥0.017 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥1.42b to CN¥1.41b. 2025 losses expected to reduce from -CN¥0.032 to -CN¥0.017 per share. Software industry in Hong Kong expected to see average net income growth of 67% next year. Consensus price target broadly unchanged at HK$3.06. Share price rose 13% to HK$3.65 over the past week.Major Estimate Revision • Apr 05Consensus EPS estimates fall by 36%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -CN¥0.029 to -CN¥0.04 per share. Revenue forecast of CN¥1.47b unchanged since last update. Software industry in Hong Kong expected to see average net income growth of 53% next year. Consensus price target up from HK$2.55 to HK$2.86. Share price was steady at HK$3.05 over the past week.Major Estimate Revision • Apr 01Consensus EPS estimates upgraded to CN¥0.039 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥1.57b to CN¥1.49b. 2025 losses expected to reduce from -CN¥0.064 to -CN¥0.039 per share. Software industry in Hong Kong expected to see average net income growth of 56% next year. Consensus price target up from HK$2.36 to HK$2.68. Share price fell 2.6% to HK$3.00 over the past week.分析記事 • Mar 30Earnings Update: Here's Why Analysts Just Lifted Their Ming Yuan Cloud Group Holdings Limited (HKG:909) Price Target To HK$2.55Last week, you might have seen that Ming Yuan Cloud Group Holdings Limited ( HKG:909 ) released its full-year result to...Major Estimate Revision • Apr 02Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -CN¥0.10 to -CN¥0.121 per share. Revenue forecast unchanged at CN¥1.66b. Software industry in Hong Kong expected to see average net income growth of 61% next year. Consensus price target of HK$3.19 unchanged from last update. Share price was steady at HK$2.49 over the past week.Major Estimate Revision • Mar 26Consensus EPS estimates fall by 61%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.83b to CN¥1.79b. Losses expected to increase from CN¥0.065 per share to CN¥0.10. Software industry in Hong Kong expected to see average net income growth of 59% next year. Consensus price target broadly unchanged at HK$3.48. Share price rose 10% to HK$2.50 over the past week.すべての更新を表示Recent updatesお知らせ • Aug 14Ming Yuan Cloud Group Holdings Limited to Report First Half, 2026 Results on Aug 26, 2026Ming Yuan Cloud Group Holdings Limited announced that they will report first half, 2026 results on Aug 26, 2026Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to HK$1.26, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 21x in the Software industry in Hong Kong. Total loss to shareholders of 59% over the past three years.お知らせ • May 30Ming Yuan Cloud Group Holdings Limited Announces Change of Chief Financial Officer, with Effect from 29 May 2026The Board of Ming Yuan Cloud Group Holdings Limited announced that, due to her personal arrangements, Ms. XIAO Zhimiao has tendered her resignation as the CFO with effect from 29 May 2026. Ms. XIAO confirmed that she has no disagreement with the Board, and that there are no matters in relation to her resignation as the CFO that need to be brought to the attention of the Stock Exchange and the Shareholders. The Board also hereby announced that Ms. HUANG Bingqi will assume the role as the CFO with effect from 29 May 2026. Ms. HUANG, aged 43, joined the Group in January 2026 as the head of finance of the Overseas Business Department. Ms. HUANG has over 16 years of extensive professional and management-related experience in the corporate financial management, cross-border financial and tax governance and capital market operations. Prior to joining the Group, Ms. HUANG held senior financial and management positions in several large enterprises and multinational groups. She once served as a senior accountant at Sequoia Capital China, the regional financial head at Huawei Technologies Co. Ltd., the chief financial officer of a joint venture between Royal Golden Eagle and Guangdong Energy Group, and the chief financial officer of TONCAN Enterprise Group. Ms. HUANG obtained a bachelor's degree in accounting from Hunan University of Science and Technology in June 2006 and a master degree of business administration (MBA) from Malaysia University of Science and Technology in June 2017.Upcoming Dividend • May 15Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 22 May 2026. Payment date: 08 July 2026. Trailing yield: 4.9%. Lower than top quartile of Hong Kong dividend payers (6.7%). Higher than average of industry peers (2.8%).Reported Earnings • Mar 23Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CN¥0 (improved from CN¥0.10 loss in FY 2024). Revenue: CN¥1.28b (down 11% from FY 2024). Net income: CN¥30.6m (up CN¥220.1m from FY 2024). Profit margin: 2.4% (up from net loss in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were behind analyst estimates. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Declared Dividend • Mar 20Dividend of HK$0.10 announcedShareholders will receive a dividend of HK$0.10. Ex-date: 22nd May 2026 Payment date: 8th July 2026 Dividend yield will be 4.3%, which is higher than the industry average of 0.8%. Sustainability & Growth The dividend has increased by an average of 5.6% per year over the past 5 years. However, payments have been volatile during that time.お知らせ • Mar 18Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 20, 2026Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 20, 2026.お知らせ • Mar 06Ming Yuan Cloud Group Holdings Limited to Report Fiscal Year 2025 Results on Mar 18, 2026Ming Yuan Cloud Group Holdings Limited announced that they will report fiscal year 2025 results on Mar 18, 2026Reported Earnings • Aug 27First half 2025 earnings released: EPS: CN¥0.008 (vs CN¥0.063 loss in 1H 2024)First half 2025 results: EPS: CN¥0.008 (up from CN¥0.063 loss in 1H 2024). Revenue: CN¥605.8m (down 16% from 1H 2024). Net income: CN¥13.7m (up CN¥129.1m from 1H 2024). Profit margin: 2.3% (up from net loss in 1H 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.分析記事 • Aug 25We're Not Worried About Ming Yuan Cloud Group Holdings' (HKG:909) Cash BurnWe can readily understand why investors are attracted to unprofitable companies. For example, Ming Yuan Cloud Group...Buy Or Sell Opportunity • Aug 18Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 64% to HK$4.48. The fair value is estimated to be HK$3.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to decline by 2.1% in a year. Earnings are forecast to grow by 75% in the next year.お知らせ • Aug 15Ming Yuan Cloud Group Holdings Limited to Report First Half, 2025 Results on Aug 26, 2025Ming Yuan Cloud Group Holdings Limited announced that they will report first half, 2025 results on Aug 26, 2025Major Estimate Revision • Aug 11Consensus EPS estimates upgraded to CN¥0.017 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥1.42b to CN¥1.41b. 2025 losses expected to reduce from -CN¥0.032 to -CN¥0.017 per share. Software industry in Hong Kong expected to see average net income growth of 67% next year. Consensus price target broadly unchanged at HK$3.06. Share price rose 13% to HK$3.65 over the past week.分析記事 • Jul 20Ming Yuan Cloud Group Holdings Limited's (HKG:909) 28% Share Price Surge Not Quite Adding UpMing Yuan Cloud Group Holdings Limited ( HKG:909 ) shares have had a really impressive month, gaining 28% after a shaky...Recent Insider Transactions • Jul 17VP & Executive Director recently bought HK$3.1m worth of stockOn the 11th of July, Xiaohui Chen bought around 1m shares on-market at roughly HK$3.15 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$14m more in shares than they have sold in the last 12 months.分析記事 • Jul 15Estimating The Intrinsic Value Of Ming Yuan Cloud Group Holdings Limited (HKG:909)Key Insights Ming Yuan Cloud Group Holdings' estimated fair value is HK$3.79 based on 2 Stage Free Cash Flow to Equity...お知らせ • May 21Ming Yuan Cloud Group Holdings Limited Approves Special DividendMing Yuan Cloud Group Holdings Limited announced that at the AGM held on 20 May 2025, approved the declaration and payment of a special dividend of HKD 0.1 per share out of share premium account of the Company (the "Special Dividend") to the shareholders of the Company; and to authorize any one of the Directors to take such action, do such things and execute such further documents in connection with the implementation of the payment of the Special Dividend.Upcoming Dividend • May 16Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 23 May 2025. Payment date: 08 July 2025. Trailing yield: 3.6%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (2.9%).分析記事 • May 13This Is Why Ming Yuan Cloud Group Holdings Limited's (HKG:909) CEO Compensation Looks AppropriateKey Insights Ming Yuan Cloud Group Holdings will host its Annual General Meeting on 20th of May CEO Haiyang Jiang's...Reported Earnings • Apr 27Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: CN¥0.10 loss per share (improved from CN¥0.32 loss in FY 2023). Revenue: CN¥1.43b (down 13% from FY 2023). Net loss: CN¥189.5m (loss narrowed 68% from FY 2023). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.Major Estimate Revision • Apr 05Consensus EPS estimates fall by 36%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -CN¥0.029 to -CN¥0.04 per share. Revenue forecast of CN¥1.47b unchanged since last update. Software industry in Hong Kong expected to see average net income growth of 53% next year. Consensus price target up from HK$2.55 to HK$2.86. Share price was steady at HK$3.05 over the past week.Major Estimate Revision • Apr 01Consensus EPS estimates upgraded to CN¥0.039 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥1.57b to CN¥1.49b. 2025 losses expected to reduce from -CN¥0.064 to -CN¥0.039 per share. Software industry in Hong Kong expected to see average net income growth of 56% next year. Consensus price target up from HK$2.36 to HK$2.68. Share price fell 2.6% to HK$3.00 over the past week.分析記事 • Mar 30Earnings Update: Here's Why Analysts Just Lifted Their Ming Yuan Cloud Group Holdings Limited (HKG:909) Price Target To HK$2.55Last week, you might have seen that Ming Yuan Cloud Group Holdings Limited ( HKG:909 ) released its full-year result to...Buy Or Sell Opportunity • Mar 28Now 20% undervaluedOver the last 90 days, the stock has risen 8.2% to HK$3.05. The fair value is estimated to be HK$3.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to decline by 1.6% in a year. Earnings are forecast to grow by 71% in the next year.Reported Earnings • Mar 26Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: CN¥0.10 loss per share (improved from CN¥0.32 loss in FY 2023). Revenue: CN¥1.43b (down 13% from FY 2023). Net loss: CN¥189.5m (loss narrowed 68% from FY 2023). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.お知らせ • Mar 25Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 20, 2025Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 20, 2025.お知らせ • Mar 13Ming Yuan Cloud Group Holdings Limited to Report Fiscal Year 2024 Results on Mar 25, 2025Ming Yuan Cloud Group Holdings Limited announced that they will report fiscal year 2024 results on Mar 25, 2025Buy Or Sell Opportunity • Mar 11Now 21% undervaluedOver the last 90 days, the stock has risen 30% to HK$3.87. The fair value is estimated to be HK$4.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 0.1% in 2 years. Earnings are forecast to grow by 82% in the next 2 years.New Risk • Feb 20New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥378m Forecast net loss in 2 years: CN¥67m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥67m net loss in 2 years). Share price has been volatile over the past 3 months (10% average weekly change).Buy Or Sell Opportunity • Feb 18Now 21% undervaluedOver the last 90 days, the stock has risen 31% to HK$3.76. The fair value is estimated to be HK$4.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 4.2% in 2 years. Earnings are forecast to grow by 94% in the next 2 years.分析記事 • Feb 06Ming Yuan Cloud Group Holdings Limited's (HKG:909) 28% Share Price Surge Not Quite Adding UpMing Yuan Cloud Group Holdings Limited ( HKG:909 ) shares have had a really impressive month, gaining 28% after a shaky...New Risk • Feb 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.4% 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. This is currently the only risk that has been identified for the company.Recent Insider Transactions • Jan 17VP & Executive Director recently bought HK$4.9m worth of stockOn the 14th of January, Xiaohui Chen bought around 2m shares on-market at roughly HK$2.44 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$11m more in shares than they have sold in the last 12 months.Buy Or Sell Opportunity • Dec 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 85% to HK$3.15. The fair value is estimated to be HK$2.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 4.9% in 2 years. Earnings are forecast to grow by 94% in the next 2 years.Buy Or Sell Opportunity • Oct 08Now 27% undervaluedOver the last 90 days, the stock has risen 69% to HK$3.44. The fair value is estimated to be HK$4.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 0.2% in a year. Earnings are forecast to grow by 63% in the next year.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 Hong Kong stocks, typically moving 9.8% 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.分析記事 • Sep 26Ming Yuan Cloud Group Holdings Limited's (HKG:909) Shares Climb 28% But Its Business Is Yet to Catch UpMing Yuan Cloud Group Holdings Limited ( HKG:909 ) shareholders would be excited to see that the share price has had a...Reported Earnings • Sep 16First half 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst half 2024 results: CN¥0.063 loss per share (improved from CN¥0.18 loss in 1H 2023). Revenue: CN¥720.1m (down 5.5% from 1H 2023). Net loss: CN¥115.4m (loss narrowed 64% from 1H 2023). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 17First half 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst half 2024 results: CN¥0.063 loss per share (improved from CN¥0.18 loss in 1H 2023). Revenue: CN¥720.1m (down 5.5% from 1H 2023). Net loss: CN¥115.4m (loss narrowed 64% from 1H 2023). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 60% per year, which means it is significantly lagging earnings.お知らせ • Aug 05Ming Yuan Cloud Group Holdings Limited to Report Q2, 2024 Results on Aug 15, 2024Ming Yuan Cloud Group Holdings Limited announced that they will report Q2, 2024 results on Aug 15, 2024分析記事 • Jul 19Companies Like Ming Yuan Cloud Group Holdings (HKG:909) Are In A Position To Invest In GrowthThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...Recent Insider Transactions • Jul 07Executive Chairman recently bought HK$1.0m worth of stockOn the 2nd of July, Yu Gao bought around 500k shares on-market at roughly HK$2.02 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$2.0m. Yu has been a buyer over the last 12 months, purchasing a net total of HK$6.7m worth in shares.Recent Insider Transactions • Jun 29VP & Executive Director recently bought HK$2.0m worth of stockOn the 25th of June, Xiaohui Chen bought around 1m shares on-market at roughly HK$2.03 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$13m more in shares than they have sold in the last 12 months.分析記事 • Jun 16Ming Yuan Cloud Group Holdings Limited (HKG:909) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelyMing Yuan Cloud Group Holdings Limited ( HKG:909 ) shareholders won't be pleased to see that the share price has had a...New Risk • Jun 03New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: CN¥586m Forecast net loss in 3 years: CN¥21m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (CN¥21m net loss in 3 years). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (2.9% increase in shares outstanding).New Risk • May 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (CN¥21m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (3.1% increase in shares outstanding).お知らせ • May 11Ming Yuan Cloud Group Holdings Limited Approves Special DividendMing Yuan Cloud Group Holdings Limited approved special dividend of HKD 0.1 per share out of share premium account of the Company to the shareholders of the Company, at its AGM held on 10 May 2024.Upcoming Dividend • May 09Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 16 May 2024. Payment date: 05 July 2024. The company last paid an ordinary dividend in March 2021. The average dividend yield among industry peers is 4.4%.分析記事 • May 03Ming Yuan Cloud Group Holdings Limited's (HKG:909) CEO Will Probably Struggle To See A Pay Rise This YearKey Insights Ming Yuan Cloud Group Holdings' Annual General Meeting to take place on 10th of May Total pay for CEO...分析記事 • Apr 21Risks Still Elevated At These Prices As Ming Yuan Cloud Group Holdings Limited (HKG:909) Shares Dive 26%Ming Yuan Cloud Group Holdings Limited ( HKG:909 ) shares have had a horrible month, losing 26% after a relatively good...お知らせ • Apr 19Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 10, 2024Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 10, 2024, at 10:00 China Standard Time. Location: Room Taihu, 4/F, Tower A, Gemdale Viseen Tower, 16 Gaoxin South 10th Road Shenzhen China Agenda: To receive and adopt the audited consolidated financial statements of the Company and the reports of the Directors and independent auditor of the Company (the "Auditor") for the year ended 31 December 2023; to re-elect Mr. Jiang Haiyang as an executive Director; to re-elect Mr. Chen Xiaohui as an executive Director; to re-elect Mr. Zhao Liang as an independent non-executive Director; to authorise the Board to fix the remuneration of the Directors; to re-appoint PricewaterhouseCoopers as Auditor and authorise the Board to fix its remuneration for the year ending 31 December 2024; and to consider other matters.Reported Earnings • Apr 19Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.32 loss per share (improved from CN¥0.63 loss in FY 2022). Revenue: CN¥1.64b (down 9.7% from FY 2022). Net loss: CN¥585.6m (loss narrowed 49% from FY 2022). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 61% per year, which means it is performing significantly worse than earnings.New Risk • Apr 04New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: CN¥586m Forecast net loss in 3 years: CN¥21m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.New Risk • Apr 03New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: CN¥586m Forecast net loss in 3 years: CN¥93m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Major Estimate Revision • Apr 02Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -CN¥0.10 to -CN¥0.121 per share. Revenue forecast unchanged at CN¥1.66b. Software industry in Hong Kong expected to see average net income growth of 61% next year. Consensus price target of HK$3.19 unchanged from last update. Share price was steady at HK$2.49 over the past week.Major Estimate Revision • Mar 26Consensus EPS estimates fall by 61%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.83b to CN¥1.79b. Losses expected to increase from CN¥0.065 per share to CN¥0.10. Software industry in Hong Kong expected to see average net income growth of 59% next year. Consensus price target broadly unchanged at HK$3.48. Share price rose 10% to HK$2.50 over the past week.Reported Earnings • Mar 20Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.32 loss per share (improved from CN¥0.63 loss in FY 2022). Revenue: CN¥1.64b (down 9.7% from FY 2022). Net loss: CN¥585.6m (loss narrowed 49% from FY 2022). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 58% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 18Ming Yuan Cloud Group Holdings Limited(SEHK:909) dropped from FTSE All-World Index (USD)Ming Yuan Cloud Group Holdings Limited(SEHK:909) dropped from FTSE All-World Index (USD)お知らせ • Mar 08Ming Yuan Cloud Group Holdings Limited to Report Fiscal Year 2023 Results on Mar 19, 2024Ming Yuan Cloud Group Holdings Limited announced that they will report fiscal year 2023 results on Mar 19, 2024分析記事 • Mar 06Here's Why We're Not At All Concerned With Ming Yuan Cloud Group Holdings' (HKG:909) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...分析記事 • Jan 23Is It Time To Consider Buying Ming Yuan Cloud Group Holdings Limited (HKG:909)?Ming Yuan Cloud Group Holdings Limited ( HKG:909 ), is not the largest company out there, but it saw significant share...Recent Insider Transactions • Jan 21CEO & Executive Director recently bought HK$2.4m worth of stockOn the 16th of January, Haiyang Jiang bought around 1m shares on-market at roughly HK$2.44 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$2.5m. This was Haiyang's only on-market trade for the last 12 months.Recent Insider Transactions • Jan 12Executive Chairman recently bought HK$1.3m worth of stockOn the 8th of January, Yu Gao bought around 499k shares on-market at roughly HK$2.58 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Yu has been a buyer over the last 12 months, purchasing a net total of HK$10m worth in shares.分析記事 • Jan 05Unpleasant Surprises Could Be In Store For Ming Yuan Cloud Group Holdings Limited's (HKG:909) SharesMing Yuan Cloud Group Holdings Limited's ( HKG:909 ) price-to-sales (or "P/S") ratio of 2.6x may not look like an...New Risk • Dec 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.分析記事 • Oct 11We're Not Worried About Ming Yuan Cloud Group Holdings' (HKG:909) Cash BurnThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...Reported Earnings • Aug 24First half 2023 earnings released: CN¥0.18 loss per share (vs CN¥0.30 loss in 1H 2022)First half 2023 results: CN¥0.18 loss per share (improved from CN¥0.30 loss in 1H 2022). Revenue: CN¥762.3m (down 14% from 1H 2022). Net loss: CN¥323.3m (loss narrowed 42% from 1H 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in Hong Kong.分析記事 • Aug 13Ming Yuan Cloud Group Holdings Limited (HKG:909) Shares Could Be 43% Below Their Intrinsic Value EstimateKey Insights Ming Yuan Cloud Group Holdings' estimated fair value is HK$7.22 based on 2 Stage Free Cash Flow to Equity...お知らせ • Aug 08Ming Yuan Cloud Group Holdings Limited to Report First Half, 2023 Results on Aug 23, 2023Ming Yuan Cloud Group Holdings Limited announced that they will report first half, 2023 results on Aug 23, 2023Buying Opportunity • Aug 02Now 21% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be HK$5.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 29% in 2 years. Earnings is forecast to grow by 93% in the next 2 years.分析記事 • Jul 26Ming Yuan Cloud Group Holdings Limited's (HKG:909) Business Is Yet to Catch Up With Its Share PriceMing Yuan Cloud Group Holdings Limited's ( HKG:909 ) price-to-sales (or "P/S") ratio of 3.5x may look like a poor...分析記事 • Jul 10Here's Why We're Not Too Worried About Ming Yuan Cloud Group Holdings' (HKG:909) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...お知らせ • Jul 08Ming Yuan Cloud Group Holdings Limited Announces Executive ChangesThe Board of Ming Yuan Cloud Group Holdings Limited announced that Ms. SZETO Kar Yee Cynthia ("Ms. SZETO") has tendered her resignation as a joint company secretary of the Company (the " Joint Company Secretary") due to other work arrangements, with effect from 7 July 2023. Ms. SZETO has confirmed that there is no disagreement with the Board and there are no matters that should be brought to the attention of the shareholders of the Company or the Stock Exchange in relation to her resignation. The Board also announced that Ms. LEUNG Shui Bing ("Ms. LEUNG") has been appointed by the Company as the Joint Company Secretary in replacement of Ms. SZETO, with effect from 7 July 2023. Mr. YE Junwen ("Mr. YE") will continue to serve as the other Joint Company Secretary of the Company. Mr. YE joined the Company in May 2019 and is the head of the General Office to the Board. He was appointed as the Joint Company Secretary in March 2023. Currently, he handles Board matters, corporate secretarial matters of the Company and its subsidiaries. Prior to joining the Company, Mr. YE worked at Beijing Zhangzhou Yifan Network Technology Co. Ltd. as an English interpreter from July 2018 to January 2019. Mr. YE received a Bachelor's Degree in Laws and a Bachelor's Degree in Economics from South China University of Technology in 2015, respectively; and subsequently received a Master 's Degree in Foreign Linguistics and Applied Linguistics from Beijing Foreign Studies University in 2018. Mr. YE has obtained the Level 2 Translation and Interpretation Proficiency Qualification Certificate through completing the China Accreditation Test for Translators and Interpreters (CATTI). Ms. LEUNG currently serves as a manager of the Listing Services Department of TMF Hong Kong Limited (a global corporate services provider) and is responsible for provision of corporate secretarial and compliance services to listed company clients. She has over 15 years of experience in the company secretarial field. Ms. LEUNG obtained a Bachelor's Degree in Business and Management Studies (Accounting and Finance) from University of Bradford and a Master's Degree in Corporate Governance from the Open University of Hong Kong (currently known as Hong Kong Metropolitan University). She is a Chartered Secretary, Chartered Governance Professional and an associate member of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.4% 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. This is currently the only risk that has been identified for the company.Buying Opportunity • Jun 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be HK$4.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 31% in 2 years. Earnings is forecast to grow by 97% in the next 2 years.Recent Insider Transactions • May 17Executive Chairman recently bought HK$2.6m worth of stockOn the 15th of May, Yu Gao bought around 678k shares on-market at roughly HK$3.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$4.0m. Yu has been a buyer over the last 12 months, purchasing a net total of HK$3.8m worth in shares.Recent Insider Transactions • May 10VP & Executive Director recently bought HK$4.0m worth of stockOn the 5th of May, Xiaohui Chen bought around 1m shares on-market at roughly HK$4.02 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$20m more in shares than they have sold in the last 12 months.Buying Opportunity • May 02Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 49%. The fair value is estimated to be HK$4.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 30% in 2 years. Earnings is forecast to grow by 97% in the next 2 years.分析記事 • Apr 27When Should You Buy Ming Yuan Cloud Group Holdings Limited (HKG:909)?While Ming Yuan Cloud Group Holdings Limited ( HKG:909 ) might not be the most widely known stock at the moment, it saw...分析記事 • Apr 03Ming Yuan Cloud Group Holdings Limited (HKG:909) Analysts Just Cut Their EPS Forecasts SubstantiallyThe latest analyst coverage could presage a bad day for Ming Yuan Cloud Group Holdings Limited ( HKG:909 ), with the...Reported Earnings • Mar 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: CN¥0.62 loss per share (further deteriorated from CN¥0.18 loss in FY 2021). Revenue: CN¥1.82b (down 17% from FY 2021). Net loss: CN¥1.15b (loss widened 236% from FY 2021). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Software industry in Hong Kong.Major Estimate Revision • Mar 09Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2022 has been updated. 2022 expected loss increased from -CN¥0.413 to -CN¥0.474 per share. Revenue forecast unchanged at CN¥2.07b. Software industry in Hong Kong expected to see average net income growth of 43% next year. Consensus price target broadly unchanged at HK$7.13. Share price fell 14% to HK$5.05 over the past week.分析記事 • Dec 28Companies Like Ming Yuan Cloud Group Holdings (HKG:909) Are In A Position To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Executive Chairman Yu Gao is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Naqiong Tong was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Nov 15Ming Yuan Cloud Group Holdings Limited Announces Changes of CFOMing Yuan Cloud Group Holdings Limited announces that due to a change in work arrangements, Mr. JIANG has tendered his resignation as the CFO with effect from 14 November 2022. Following Mr. JIANG's resignation as the CFO, he remains as an executive Director, the joint company secretary and the authorised representative of the Company. Mr. JIANG has confirmed that there are no matters in relation to his resignation as the CFO that need to bebrought to the attention of the Stock Exchange and the Shareholders. The Board also announces that Ms. XIAO will assume the role as the CFO with effect from 14 November 2022. Her biographical details are set out as follows: Ms. XIAO, aged 41, graduated from Shenzhen University with a bachelor's degree in Finance Management. She joined the Group in March 2005, and was responsible for overseeing the financial and accounting matters of the Group and served successively as the Senior Finance Supervisor, Finance Manager and Director of Finance Department of the Group. The Board would like to take this opportunity to express its sincere gratitude to Mr. JIANG for his valuable contributions to the Company during his tenure of office as the CFO; and welcome Ms. XIAO to her new role with the Company.お知らせ • Sep 27Ming Yuan Cloud Group Holdings Limited Announces Change of Independent Non-Executive Director and Change in Composition of Board CommitteesThe Board of Ming Yuan Cloud Group Holdings Limited announces that with effect from 26 September 2022: 1. Ms. ZENG Jing has resigned as an independent non-executive Director, the chairperson of the Audit Committee and a member of the Nomination Committee; and 2. Ms. TONG Naqiong has been appointed as an independent non-executive Director, the chairperson of the Audit Committee and a member of the Nomination Committee. The board (the "Board") of directors (the "Directors" and each, a "Director") of Ming Yuan Cloud Group Holdings Limited (the " Company ") announces that Ms. ZENG Jing (" Ms. ZENG") tendered her resignation as an independent non-executive Director, the chairperson of the Audit Committee (the "Audit Committee") and a member of the Nomination Committee (the "Nomination Committee") of the Board (the "Resignation") due to her personal business commitment with effect from 26 September 2022. Ms. ZENG has confirmed that (i) she has no disagreement with the Board; and (ii) there are no matters with respect to her resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company (the "Shareholders"). The Nomination Committee has resolved to nominate Ms. TONG Naqiong ("Ms. TONG") as an independent non-executive Director. The Board announced that Ms. TONG has been appointed as an independent non-executive Director with effect from 26 September 2022. The biographical details of Ms. TONG are set forth as follows: Ms. TONG Naqiong, aged 42, served as an assistant professor of accounting at the Merrick School of Business, University of Baltimore in the United States from January 2010 to July 2011. Since August 2011, Ms. TONG has successively served as assistant professor and associate professor of accounting at the Peking University HSBC Business School. Previously, Ms. TONG has served as an independent director of Shenzhen Bingchuan Network Co. Ltd. from September 2018 to August 2022 and an independent director of Beijing Zhtd Environmental Protection Technology Co. Ltd. since April 2020. Ms. TONG received a bachelor ' s degree in cultural heritage and museology from Fudan University in the People's Republic of China ("PRC") in July 2002, a master's degree in business administration from College of Cardiff of University of Wales in the United Kingdom in August 2004 and a doctor's degree in accounting from Rutgers University in the United States in October 2009. Ms. TONG holds a qualification from the American Institute of Certified Public Accountants (AICPA). Ms. TONG ' s appointment was recommended by the Nomination Committee after taking into account of her previous working experience and her expected devotion to the Company in terms of time and effort. Taking into consideration of the diversity perspectives (including but not limited to gender, age, cultural and educational background, professional experience, length of service, skills and knowledge), the Board is satisfied that Ms. TONG is of such character, integrity and experience commensurating with the office of an independent non-executive Director. Ms. TONG has entered into a letter of appointment with the Company for a term of one year commencing from 26 September 2022. Pursuant to the articles of association of the Company, as amended and supplemented from time to time, Ms. TONG shall hold office until the next following annual general meeting of the Company following her appointment and shall be eligible for re-election at that meeting and thereafter, shall be subject to retirement by rotation at the annual general meetings of the Company at least once every three years. During the tenure, the appointment may be terminated by either party through serving the other not less than one-month notice in writing. She is entitled to receive a Director's fee of HKD 100,000 per annum. The fee was determined by the Board and the remuneration committee of the Board with reference to the prevailing market conditions, qualifications, duties and responsibilities of Ms. TONG. The remuneration committee of the Board considered that Ms. TONG's remuneration package is fair and reasonable.Recent Insider Transactions • Sep 14VP & Executive Director recently bought HK$5.4m worth of stockOn the 7th of September, Xiaohui Chen bought around 1m shares on-market at roughly HK$5.43 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$23m more in shares than they have sold in the last 12 months.分析記事 • Sep 13We're Interested To See How Ming Yuan Cloud Group Holdings (HKG:909) Uses Its Cash Hoard To GrowJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...Major Estimate Revision • Aug 29Consensus EPS estimates fall by 227%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.34b to CN¥2.14b. Losses expected to increase from CN¥0.09 per share to CN¥0.31. Software industry in Hong Kong expected to see average net income growth of 36% next year. Consensus price target down from HK$11.03 to HK$8.35. Share price was steady at HK$6.20 over the past week.Reported Earnings • Aug 23First half 2022 earnings released: CN¥0.30 loss per share (vs CN¥0.089 profit in 1H 2021)First half 2022 results: CN¥0.30 loss per share (down from CN¥0.089 profit in 1H 2021). Revenue: CN¥881.2m (down 9.5% from 1H 2021). Net loss: CN¥561.5m (down 440% from profit in 1H 2021). Over the next year, revenue is forecast to grow 19%, compared to a 29% growth forecast for the Software industry in Hong Kong.お知らせ • Aug 03Ming Yuan Cloud Group Holdings Limited Provides Unaudited Earnings Results for the Six Months Ended June 30, 2022Ming Yuan Cloud Group Holdings Limited provided unaudited earnings results for the six months ended June 30, 2022. The group is expected to record a loss attributable to equity holders of the Company in the range of approximately RMB540 million to approximately RMB 580 million for the six months ended June 30, 2022 (for the six months ended June 30, 2021: profit attributable to equity holders of the Company of approximately RMB 165.31 million).Major Estimate Revision • Jul 13Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.56b to CN¥2.43b. Losses expected to increase from CN¥0.02 per share to CN¥0.03. Software industry in Hong Kong expected to see average net income growth of 34% next year. Consensus price target down from HK$16.50 to HK$15.15. Share price fell 25% to HK$8.63 over the past week.分析記事 • Jun 10Companies Like Ming Yuan Cloud Group Holdings (HKG:909) Can Afford To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...お知らせ • May 28Ming Yuan Cloud Group Holdings Limited Approves Final Dividend for the Year Ended December 31, 2021Ming Yuan Cloud Group Holdings Limited at its Annual General Meeting held on May 27, 2022 approved final dividend of RMB 0.055 per share of the Company for the year ended December 31, 2021.Upcoming Dividend • May 25Upcoming dividend of HK$0.068 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 27 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Hong Kong dividend payers (7.8%). Lower than average of industry peers (1.0%).分析記事 • May 20Calculating The Intrinsic Value Of Ming Yuan Cloud Group Holdings Limited (HKG:909)In this article we are going to estimate the intrinsic value of Ming Yuan Cloud Group Holdings Limited ( HKG:909 ) by...Buying Opportunity • May 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 45%. The fair value is estimated to be HK$11.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 18% in a year. Earnings is forecast to grow by 82% in the next year.Board Change • Apr 27Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Executive Chairman Yu Gao is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Hanhui Li was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 23Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 27, 2022Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 27, 2022, at 10:30 China Standard Time. Location: Room New York, 501-509 East Block, Skyworth Semiconductor Design Building, 18 Gaoxin South 4th Road, Gaoxin Community, Yuehai Subdistrict, Nanshan District, Shenzhen China Agenda: To receive and adopt the audited consolidated financial statements of the Company and the reports of the directors of the Company (the "Directors") and independent auditor of the Company (the "Auditor") for the year ended December 31, 2021; to declare a final dividend of RMB 0.055 per share (equivalent to HKD 0.068) of the Company for the year ended December 31, 2021; to authorise the board of Directors (the "Board") to fix the remuneration of the Directors; to re-appoint PricewaterhouseCoopers as Auditor and authorise the Board to fix their remuneration for the year ending December 31, 2022; and to consider other matters.業績と収益の成長予測SEHK:909 - 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12/31/20281,259120N/A225212/31/20271,30881N/A190612/31/20261,27760N/A232612/31/20251,284317981N/A9/30/20251,302-156266N/A6/30/20251,321-604551N/A3/31/20251,378-125-16-10N/A12/31/20241,435-190-78-71N/A9/30/20241,516-284-57-52N/A6/30/20241,597-378-37-33N/A3/31/20241,619-482-92-86N/A12/31/20231,640-586-147-139N/A9/30/20231,669-751-132-185N/A6/30/20231,697-916-116-231N/A3/31/20231,757-1,035-300-300N/A12/31/20221,816-1,154-484-368N/A9/30/20221,954-1,112-637-350N/A6/30/20222,092-1,071-791-332N/A3/31/20222,138-707-477-121N/A12/31/20212,184-344-16489N/A9/30/20212,096-47774232N/A6/30/20212,008-609312375N/A3/31/20211,938-632462517N/A12/31/20201,705-704359406N/A9/30/20201,576-237375411N/A6/30/20201,446231390415N/A3/31/20201,323221291314N/A12/31/20191,264216321339N/A12/31/2018913157N/A285N/A12/31/201758073N/A203N/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: 909の予測収益成長率 (年間37.2% ) は 貯蓄率 ( 3.1% ) を上回っています。収益対市場: 909の収益 ( 37.2% ) はHong Kong市場 ( 12% ) よりも速いペースで成長すると予測されています。高成長収益: 909の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 909の収益 ( 0.1% ) Hong Kong市場 ( 8.7% ) よりも低い成長が予測されています。高い収益成長: 909の収益 ( 0.1% ) 20%よりも低い成長が予測されています。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: 909の 自己資本利益率 は、3年後には低くなると予測されています ( 2.5 %)。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2026/08/16 00:26終値2026/08/14 00:00収益2025/12/31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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Ming Yuan Cloud Group Holdings Limited 6 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。15 アナリスト機関Huiqun LiBofA Global ResearchXiaodan ZhangChina International Capital Corporation LimitedLiping ZhaoChina International Capital Corporation Limited12 その他のアナリストを表示
Major Estimate Revision • Aug 11Consensus EPS estimates upgraded to CN¥0.017 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥1.42b to CN¥1.41b. 2025 losses expected to reduce from -CN¥0.032 to -CN¥0.017 per share. Software industry in Hong Kong expected to see average net income growth of 67% next year. Consensus price target broadly unchanged at HK$3.06. Share price rose 13% to HK$3.65 over the past week.
Major Estimate Revision • Apr 05Consensus EPS estimates fall by 36%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -CN¥0.029 to -CN¥0.04 per share. Revenue forecast of CN¥1.47b unchanged since last update. Software industry in Hong Kong expected to see average net income growth of 53% next year. Consensus price target up from HK$2.55 to HK$2.86. Share price was steady at HK$3.05 over the past week.
Major Estimate Revision • Apr 01Consensus EPS estimates upgraded to CN¥0.039 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥1.57b to CN¥1.49b. 2025 losses expected to reduce from -CN¥0.064 to -CN¥0.039 per share. Software industry in Hong Kong expected to see average net income growth of 56% next year. Consensus price target up from HK$2.36 to HK$2.68. Share price fell 2.6% to HK$3.00 over the past week.
分析記事 • Mar 30Earnings Update: Here's Why Analysts Just Lifted Their Ming Yuan Cloud Group Holdings Limited (HKG:909) Price Target To HK$2.55Last week, you might have seen that Ming Yuan Cloud Group Holdings Limited ( HKG:909 ) released its full-year result to...
Major Estimate Revision • Apr 02Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -CN¥0.10 to -CN¥0.121 per share. Revenue forecast unchanged at CN¥1.66b. Software industry in Hong Kong expected to see average net income growth of 61% next year. Consensus price target of HK$3.19 unchanged from last update. Share price was steady at HK$2.49 over the past week.
Major Estimate Revision • Mar 26Consensus EPS estimates fall by 61%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.83b to CN¥1.79b. Losses expected to increase from CN¥0.065 per share to CN¥0.10. Software industry in Hong Kong expected to see average net income growth of 59% next year. Consensus price target broadly unchanged at HK$3.48. Share price rose 10% to HK$2.50 over the past week.
お知らせ • Aug 14Ming Yuan Cloud Group Holdings Limited to Report First Half, 2026 Results on Aug 26, 2026Ming Yuan Cloud Group Holdings Limited announced that they will report first half, 2026 results on Aug 26, 2026
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to HK$1.26, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 21x in the Software industry in Hong Kong. Total loss to shareholders of 59% over the past three years.
お知らせ • May 30Ming Yuan Cloud Group Holdings Limited Announces Change of Chief Financial Officer, with Effect from 29 May 2026The Board of Ming Yuan Cloud Group Holdings Limited announced that, due to her personal arrangements, Ms. XIAO Zhimiao has tendered her resignation as the CFO with effect from 29 May 2026. Ms. XIAO confirmed that she has no disagreement with the Board, and that there are no matters in relation to her resignation as the CFO that need to be brought to the attention of the Stock Exchange and the Shareholders. The Board also hereby announced that Ms. HUANG Bingqi will assume the role as the CFO with effect from 29 May 2026. Ms. HUANG, aged 43, joined the Group in January 2026 as the head of finance of the Overseas Business Department. Ms. HUANG has over 16 years of extensive professional and management-related experience in the corporate financial management, cross-border financial and tax governance and capital market operations. Prior to joining the Group, Ms. HUANG held senior financial and management positions in several large enterprises and multinational groups. She once served as a senior accountant at Sequoia Capital China, the regional financial head at Huawei Technologies Co. Ltd., the chief financial officer of a joint venture between Royal Golden Eagle and Guangdong Energy Group, and the chief financial officer of TONCAN Enterprise Group. Ms. HUANG obtained a bachelor's degree in accounting from Hunan University of Science and Technology in June 2006 and a master degree of business administration (MBA) from Malaysia University of Science and Technology in June 2017.
Upcoming Dividend • May 15Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 22 May 2026. Payment date: 08 July 2026. Trailing yield: 4.9%. Lower than top quartile of Hong Kong dividend payers (6.7%). Higher than average of industry peers (2.8%).
Reported Earnings • Mar 23Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CN¥0 (improved from CN¥0.10 loss in FY 2024). Revenue: CN¥1.28b (down 11% from FY 2024). Net income: CN¥30.6m (up CN¥220.1m from FY 2024). Profit margin: 2.4% (up from net loss in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were behind analyst estimates. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Declared Dividend • Mar 20Dividend of HK$0.10 announcedShareholders will receive a dividend of HK$0.10. Ex-date: 22nd May 2026 Payment date: 8th July 2026 Dividend yield will be 4.3%, which is higher than the industry average of 0.8%. Sustainability & Growth The dividend has increased by an average of 5.6% per year over the past 5 years. However, payments have been volatile during that time.
お知らせ • Mar 18Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 20, 2026Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 20, 2026.
お知らせ • Mar 06Ming Yuan Cloud Group Holdings Limited to Report Fiscal Year 2025 Results on Mar 18, 2026Ming Yuan Cloud Group Holdings Limited announced that they will report fiscal year 2025 results on Mar 18, 2026
Reported Earnings • Aug 27First half 2025 earnings released: EPS: CN¥0.008 (vs CN¥0.063 loss in 1H 2024)First half 2025 results: EPS: CN¥0.008 (up from CN¥0.063 loss in 1H 2024). Revenue: CN¥605.8m (down 16% from 1H 2024). Net income: CN¥13.7m (up CN¥129.1m from 1H 2024). Profit margin: 2.3% (up from net loss in 1H 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
分析記事 • Aug 25We're Not Worried About Ming Yuan Cloud Group Holdings' (HKG:909) Cash BurnWe can readily understand why investors are attracted to unprofitable companies. For example, Ming Yuan Cloud Group...
Buy Or Sell Opportunity • Aug 18Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 64% to HK$4.48. The fair value is estimated to be HK$3.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to decline by 2.1% in a year. Earnings are forecast to grow by 75% in the next year.
お知らせ • Aug 15Ming Yuan Cloud Group Holdings Limited to Report First Half, 2025 Results on Aug 26, 2025Ming Yuan Cloud Group Holdings Limited announced that they will report first half, 2025 results on Aug 26, 2025
Major Estimate Revision • Aug 11Consensus EPS estimates upgraded to CN¥0.017 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥1.42b to CN¥1.41b. 2025 losses expected to reduce from -CN¥0.032 to -CN¥0.017 per share. Software industry in Hong Kong expected to see average net income growth of 67% next year. Consensus price target broadly unchanged at HK$3.06. Share price rose 13% to HK$3.65 over the past week.
分析記事 • Jul 20Ming Yuan Cloud Group Holdings Limited's (HKG:909) 28% Share Price Surge Not Quite Adding UpMing Yuan Cloud Group Holdings Limited ( HKG:909 ) shares have had a really impressive month, gaining 28% after a shaky...
Recent Insider Transactions • Jul 17VP & Executive Director recently bought HK$3.1m worth of stockOn the 11th of July, Xiaohui Chen bought around 1m shares on-market at roughly HK$3.15 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$14m more in shares than they have sold in the last 12 months.
分析記事 • Jul 15Estimating The Intrinsic Value Of Ming Yuan Cloud Group Holdings Limited (HKG:909)Key Insights Ming Yuan Cloud Group Holdings' estimated fair value is HK$3.79 based on 2 Stage Free Cash Flow to Equity...
お知らせ • May 21Ming Yuan Cloud Group Holdings Limited Approves Special DividendMing Yuan Cloud Group Holdings Limited announced that at the AGM held on 20 May 2025, approved the declaration and payment of a special dividend of HKD 0.1 per share out of share premium account of the Company (the "Special Dividend") to the shareholders of the Company; and to authorize any one of the Directors to take such action, do such things and execute such further documents in connection with the implementation of the payment of the Special Dividend.
Upcoming Dividend • May 16Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 23 May 2025. Payment date: 08 July 2025. Trailing yield: 3.6%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (2.9%).
分析記事 • May 13This Is Why Ming Yuan Cloud Group Holdings Limited's (HKG:909) CEO Compensation Looks AppropriateKey Insights Ming Yuan Cloud Group Holdings will host its Annual General Meeting on 20th of May CEO Haiyang Jiang's...
Reported Earnings • Apr 27Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: CN¥0.10 loss per share (improved from CN¥0.32 loss in FY 2023). Revenue: CN¥1.43b (down 13% from FY 2023). Net loss: CN¥189.5m (loss narrowed 68% from FY 2023). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Apr 05Consensus EPS estimates fall by 36%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -CN¥0.029 to -CN¥0.04 per share. Revenue forecast of CN¥1.47b unchanged since last update. Software industry in Hong Kong expected to see average net income growth of 53% next year. Consensus price target up from HK$2.55 to HK$2.86. Share price was steady at HK$3.05 over the past week.
Major Estimate Revision • Apr 01Consensus EPS estimates upgraded to CN¥0.039 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥1.57b to CN¥1.49b. 2025 losses expected to reduce from -CN¥0.064 to -CN¥0.039 per share. Software industry in Hong Kong expected to see average net income growth of 56% next year. Consensus price target up from HK$2.36 to HK$2.68. Share price fell 2.6% to HK$3.00 over the past week.
分析記事 • Mar 30Earnings Update: Here's Why Analysts Just Lifted Their Ming Yuan Cloud Group Holdings Limited (HKG:909) Price Target To HK$2.55Last week, you might have seen that Ming Yuan Cloud Group Holdings Limited ( HKG:909 ) released its full-year result to...
Buy Or Sell Opportunity • Mar 28Now 20% undervaluedOver the last 90 days, the stock has risen 8.2% to HK$3.05. The fair value is estimated to be HK$3.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to decline by 1.6% in a year. Earnings are forecast to grow by 71% in the next year.
Reported Earnings • Mar 26Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: CN¥0.10 loss per share (improved from CN¥0.32 loss in FY 2023). Revenue: CN¥1.43b (down 13% from FY 2023). Net loss: CN¥189.5m (loss narrowed 68% from FY 2023). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
お知らせ • Mar 25Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 20, 2025Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 20, 2025.
お知らせ • Mar 13Ming Yuan Cloud Group Holdings Limited to Report Fiscal Year 2024 Results on Mar 25, 2025Ming Yuan Cloud Group Holdings Limited announced that they will report fiscal year 2024 results on Mar 25, 2025
Buy Or Sell Opportunity • Mar 11Now 21% undervaluedOver the last 90 days, the stock has risen 30% to HK$3.87. The fair value is estimated to be HK$4.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 0.1% in 2 years. Earnings are forecast to grow by 82% in the next 2 years.
New Risk • Feb 20New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥378m Forecast net loss in 2 years: CN¥67m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥67m net loss in 2 years). Share price has been volatile over the past 3 months (10% average weekly change).
Buy Or Sell Opportunity • Feb 18Now 21% undervaluedOver the last 90 days, the stock has risen 31% to HK$3.76. The fair value is estimated to be HK$4.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 4.2% in 2 years. Earnings are forecast to grow by 94% in the next 2 years.
分析記事 • Feb 06Ming Yuan Cloud Group Holdings Limited's (HKG:909) 28% Share Price Surge Not Quite Adding UpMing Yuan Cloud Group Holdings Limited ( HKG:909 ) shares have had a really impressive month, gaining 28% after a shaky...
New Risk • Feb 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.4% 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. This is currently the only risk that has been identified for the company.
Recent Insider Transactions • Jan 17VP & Executive Director recently bought HK$4.9m worth of stockOn the 14th of January, Xiaohui Chen bought around 2m shares on-market at roughly HK$2.44 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$11m more in shares than they have sold in the last 12 months.
Buy Or Sell Opportunity • Dec 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 85% to HK$3.15. The fair value is estimated to be HK$2.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 4.9% in 2 years. Earnings are forecast to grow by 94% in the next 2 years.
Buy Or Sell Opportunity • Oct 08Now 27% undervaluedOver the last 90 days, the stock has risen 69% to HK$3.44. The fair value is estimated to be HK$4.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 0.2% in a year. Earnings are forecast to grow by 63% in the next year.
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 Hong Kong stocks, typically moving 9.8% 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.
分析記事 • Sep 26Ming Yuan Cloud Group Holdings Limited's (HKG:909) Shares Climb 28% But Its Business Is Yet to Catch UpMing Yuan Cloud Group Holdings Limited ( HKG:909 ) shareholders would be excited to see that the share price has had a...
Reported Earnings • Sep 16First half 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst half 2024 results: CN¥0.063 loss per share (improved from CN¥0.18 loss in 1H 2023). Revenue: CN¥720.1m (down 5.5% from 1H 2023). Net loss: CN¥115.4m (loss narrowed 64% from 1H 2023). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 17First half 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst half 2024 results: CN¥0.063 loss per share (improved from CN¥0.18 loss in 1H 2023). Revenue: CN¥720.1m (down 5.5% from 1H 2023). Net loss: CN¥115.4m (loss narrowed 64% from 1H 2023). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 60% per year, which means it is significantly lagging earnings.
お知らせ • Aug 05Ming Yuan Cloud Group Holdings Limited to Report Q2, 2024 Results on Aug 15, 2024Ming Yuan Cloud Group Holdings Limited announced that they will report Q2, 2024 results on Aug 15, 2024
分析記事 • Jul 19Companies Like Ming Yuan Cloud Group Holdings (HKG:909) Are In A Position To Invest In GrowthThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Recent Insider Transactions • Jul 07Executive Chairman recently bought HK$1.0m worth of stockOn the 2nd of July, Yu Gao bought around 500k shares on-market at roughly HK$2.02 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$2.0m. Yu has been a buyer over the last 12 months, purchasing a net total of HK$6.7m worth in shares.
Recent Insider Transactions • Jun 29VP & Executive Director recently bought HK$2.0m worth of stockOn the 25th of June, Xiaohui Chen bought around 1m shares on-market at roughly HK$2.03 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$13m more in shares than they have sold in the last 12 months.
分析記事 • Jun 16Ming Yuan Cloud Group Holdings Limited (HKG:909) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelyMing Yuan Cloud Group Holdings Limited ( HKG:909 ) shareholders won't be pleased to see that the share price has had a...
New Risk • Jun 03New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: CN¥586m Forecast net loss in 3 years: CN¥21m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (CN¥21m net loss in 3 years). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (2.9% increase in shares outstanding).
New Risk • May 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (CN¥21m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (3.1% increase in shares outstanding).
お知らせ • May 11Ming Yuan Cloud Group Holdings Limited Approves Special DividendMing Yuan Cloud Group Holdings Limited approved special dividend of HKD 0.1 per share out of share premium account of the Company to the shareholders of the Company, at its AGM held on 10 May 2024.
Upcoming Dividend • May 09Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 16 May 2024. Payment date: 05 July 2024. The company last paid an ordinary dividend in March 2021. The average dividend yield among industry peers is 4.4%.
分析記事 • May 03Ming Yuan Cloud Group Holdings Limited's (HKG:909) CEO Will Probably Struggle To See A Pay Rise This YearKey Insights Ming Yuan Cloud Group Holdings' Annual General Meeting to take place on 10th of May Total pay for CEO...
分析記事 • Apr 21Risks Still Elevated At These Prices As Ming Yuan Cloud Group Holdings Limited (HKG:909) Shares Dive 26%Ming Yuan Cloud Group Holdings Limited ( HKG:909 ) shares have had a horrible month, losing 26% after a relatively good...
お知らせ • Apr 19Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 10, 2024Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 10, 2024, at 10:00 China Standard Time. Location: Room Taihu, 4/F, Tower A, Gemdale Viseen Tower, 16 Gaoxin South 10th Road Shenzhen China Agenda: To receive and adopt the audited consolidated financial statements of the Company and the reports of the Directors and independent auditor of the Company (the "Auditor") for the year ended 31 December 2023; to re-elect Mr. Jiang Haiyang as an executive Director; to re-elect Mr. Chen Xiaohui as an executive Director; to re-elect Mr. Zhao Liang as an independent non-executive Director; to authorise the Board to fix the remuneration of the Directors; to re-appoint PricewaterhouseCoopers as Auditor and authorise the Board to fix its remuneration for the year ending 31 December 2024; and to consider other matters.
Reported Earnings • Apr 19Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.32 loss per share (improved from CN¥0.63 loss in FY 2022). Revenue: CN¥1.64b (down 9.7% from FY 2022). Net loss: CN¥585.6m (loss narrowed 49% from FY 2022). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 61% per year, which means it is performing significantly worse than earnings.
New Risk • Apr 04New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: CN¥586m Forecast net loss in 3 years: CN¥21m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
New Risk • Apr 03New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: CN¥586m Forecast net loss in 3 years: CN¥93m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Apr 02Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -CN¥0.10 to -CN¥0.121 per share. Revenue forecast unchanged at CN¥1.66b. Software industry in Hong Kong expected to see average net income growth of 61% next year. Consensus price target of HK$3.19 unchanged from last update. Share price was steady at HK$2.49 over the past week.
Major Estimate Revision • Mar 26Consensus EPS estimates fall by 61%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.83b to CN¥1.79b. Losses expected to increase from CN¥0.065 per share to CN¥0.10. Software industry in Hong Kong expected to see average net income growth of 59% next year. Consensus price target broadly unchanged at HK$3.48. Share price rose 10% to HK$2.50 over the past week.
Reported Earnings • Mar 20Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: CN¥0.32 loss per share (improved from CN¥0.63 loss in FY 2022). Revenue: CN¥1.64b (down 9.7% from FY 2022). Net loss: CN¥585.6m (loss narrowed 49% from FY 2022). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 58% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 18Ming Yuan Cloud Group Holdings Limited(SEHK:909) dropped from FTSE All-World Index (USD)Ming Yuan Cloud Group Holdings Limited(SEHK:909) dropped from FTSE All-World Index (USD)
お知らせ • Mar 08Ming Yuan Cloud Group Holdings Limited to Report Fiscal Year 2023 Results on Mar 19, 2024Ming Yuan Cloud Group Holdings Limited announced that they will report fiscal year 2023 results on Mar 19, 2024
分析記事 • Mar 06Here's Why We're Not At All Concerned With Ming Yuan Cloud Group Holdings' (HKG:909) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
分析記事 • Jan 23Is It Time To Consider Buying Ming Yuan Cloud Group Holdings Limited (HKG:909)?Ming Yuan Cloud Group Holdings Limited ( HKG:909 ), is not the largest company out there, but it saw significant share...
Recent Insider Transactions • Jan 21CEO & Executive Director recently bought HK$2.4m worth of stockOn the 16th of January, Haiyang Jiang bought around 1m shares on-market at roughly HK$2.44 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$2.5m. This was Haiyang's only on-market trade for the last 12 months.
Recent Insider Transactions • Jan 12Executive Chairman recently bought HK$1.3m worth of stockOn the 8th of January, Yu Gao bought around 499k shares on-market at roughly HK$2.58 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Yu has been a buyer over the last 12 months, purchasing a net total of HK$10m worth in shares.
分析記事 • Jan 05Unpleasant Surprises Could Be In Store For Ming Yuan Cloud Group Holdings Limited's (HKG:909) SharesMing Yuan Cloud Group Holdings Limited's ( HKG:909 ) price-to-sales (or "P/S") ratio of 2.6x may not look like an...
New Risk • Dec 01New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
分析記事 • Oct 11We're Not Worried About Ming Yuan Cloud Group Holdings' (HKG:909) Cash BurnThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Reported Earnings • Aug 24First half 2023 earnings released: CN¥0.18 loss per share (vs CN¥0.30 loss in 1H 2022)First half 2023 results: CN¥0.18 loss per share (improved from CN¥0.30 loss in 1H 2022). Revenue: CN¥762.3m (down 14% from 1H 2022). Net loss: CN¥323.3m (loss narrowed 42% from 1H 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in Hong Kong.
分析記事 • Aug 13Ming Yuan Cloud Group Holdings Limited (HKG:909) Shares Could Be 43% Below Their Intrinsic Value EstimateKey Insights Ming Yuan Cloud Group Holdings' estimated fair value is HK$7.22 based on 2 Stage Free Cash Flow to Equity...
お知らせ • Aug 08Ming Yuan Cloud Group Holdings Limited to Report First Half, 2023 Results on Aug 23, 2023Ming Yuan Cloud Group Holdings Limited announced that they will report first half, 2023 results on Aug 23, 2023
Buying Opportunity • Aug 02Now 21% undervaluedOver the last 90 days, the stock is up 20%. The fair value is estimated to be HK$5.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 29% in 2 years. Earnings is forecast to grow by 93% in the next 2 years.
分析記事 • Jul 26Ming Yuan Cloud Group Holdings Limited's (HKG:909) Business Is Yet to Catch Up With Its Share PriceMing Yuan Cloud Group Holdings Limited's ( HKG:909 ) price-to-sales (or "P/S") ratio of 3.5x may look like a poor...
分析記事 • Jul 10Here's Why We're Not Too Worried About Ming Yuan Cloud Group Holdings' (HKG:909) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
お知らせ • Jul 08Ming Yuan Cloud Group Holdings Limited Announces Executive ChangesThe Board of Ming Yuan Cloud Group Holdings Limited announced that Ms. SZETO Kar Yee Cynthia ("Ms. SZETO") has tendered her resignation as a joint company secretary of the Company (the " Joint Company Secretary") due to other work arrangements, with effect from 7 July 2023. Ms. SZETO has confirmed that there is no disagreement with the Board and there are no matters that should be brought to the attention of the shareholders of the Company or the Stock Exchange in relation to her resignation. The Board also announced that Ms. LEUNG Shui Bing ("Ms. LEUNG") has been appointed by the Company as the Joint Company Secretary in replacement of Ms. SZETO, with effect from 7 July 2023. Mr. YE Junwen ("Mr. YE") will continue to serve as the other Joint Company Secretary of the Company. Mr. YE joined the Company in May 2019 and is the head of the General Office to the Board. He was appointed as the Joint Company Secretary in March 2023. Currently, he handles Board matters, corporate secretarial matters of the Company and its subsidiaries. Prior to joining the Company, Mr. YE worked at Beijing Zhangzhou Yifan Network Technology Co. Ltd. as an English interpreter from July 2018 to January 2019. Mr. YE received a Bachelor's Degree in Laws and a Bachelor's Degree in Economics from South China University of Technology in 2015, respectively; and subsequently received a Master 's Degree in Foreign Linguistics and Applied Linguistics from Beijing Foreign Studies University in 2018. Mr. YE has obtained the Level 2 Translation and Interpretation Proficiency Qualification Certificate through completing the China Accreditation Test for Translators and Interpreters (CATTI). Ms. LEUNG currently serves as a manager of the Listing Services Department of TMF Hong Kong Limited (a global corporate services provider) and is responsible for provision of corporate secretarial and compliance services to listed company clients. She has over 15 years of experience in the company secretarial field. Ms. LEUNG obtained a Bachelor's Degree in Business and Management Studies (Accounting and Finance) from University of Bradford and a Master's Degree in Corporate Governance from the Open University of Hong Kong (currently known as Hong Kong Metropolitan University). She is a Chartered Secretary, Chartered Governance Professional and an associate member of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.
New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.4% 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. This is currently the only risk that has been identified for the company.
Buying Opportunity • Jun 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be HK$4.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 31% in 2 years. Earnings is forecast to grow by 97% in the next 2 years.
Recent Insider Transactions • May 17Executive Chairman recently bought HK$2.6m worth of stockOn the 15th of May, Yu Gao bought around 678k shares on-market at roughly HK$3.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$4.0m. Yu has been a buyer over the last 12 months, purchasing a net total of HK$3.8m worth in shares.
Recent Insider Transactions • May 10VP & Executive Director recently bought HK$4.0m worth of stockOn the 5th of May, Xiaohui Chen bought around 1m shares on-market at roughly HK$4.02 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$20m more in shares than they have sold in the last 12 months.
Buying Opportunity • May 02Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 49%. The fair value is estimated to be HK$4.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 30% in 2 years. Earnings is forecast to grow by 97% in the next 2 years.
分析記事 • Apr 27When Should You Buy Ming Yuan Cloud Group Holdings Limited (HKG:909)?While Ming Yuan Cloud Group Holdings Limited ( HKG:909 ) might not be the most widely known stock at the moment, it saw...
分析記事 • Apr 03Ming Yuan Cloud Group Holdings Limited (HKG:909) Analysts Just Cut Their EPS Forecasts SubstantiallyThe latest analyst coverage could presage a bad day for Ming Yuan Cloud Group Holdings Limited ( HKG:909 ), with the...
Reported Earnings • Mar 29Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: CN¥0.62 loss per share (further deteriorated from CN¥0.18 loss in FY 2021). Revenue: CN¥1.82b (down 17% from FY 2021). Net loss: CN¥1.15b (loss widened 236% from FY 2021). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Software industry in Hong Kong.
Major Estimate Revision • Mar 09Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2022 has been updated. 2022 expected loss increased from -CN¥0.413 to -CN¥0.474 per share. Revenue forecast unchanged at CN¥2.07b. Software industry in Hong Kong expected to see average net income growth of 43% next year. Consensus price target broadly unchanged at HK$7.13. Share price fell 14% to HK$5.05 over the past week.
分析記事 • Dec 28Companies Like Ming Yuan Cloud Group Holdings (HKG:909) Are In A Position To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Executive Chairman Yu Gao is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Naqiong Tong was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Nov 15Ming Yuan Cloud Group Holdings Limited Announces Changes of CFOMing Yuan Cloud Group Holdings Limited announces that due to a change in work arrangements, Mr. JIANG has tendered his resignation as the CFO with effect from 14 November 2022. Following Mr. JIANG's resignation as the CFO, he remains as an executive Director, the joint company secretary and the authorised representative of the Company. Mr. JIANG has confirmed that there are no matters in relation to his resignation as the CFO that need to bebrought to the attention of the Stock Exchange and the Shareholders. The Board also announces that Ms. XIAO will assume the role as the CFO with effect from 14 November 2022. Her biographical details are set out as follows: Ms. XIAO, aged 41, graduated from Shenzhen University with a bachelor's degree in Finance Management. She joined the Group in March 2005, and was responsible for overseeing the financial and accounting matters of the Group and served successively as the Senior Finance Supervisor, Finance Manager and Director of Finance Department of the Group. The Board would like to take this opportunity to express its sincere gratitude to Mr. JIANG for his valuable contributions to the Company during his tenure of office as the CFO; and welcome Ms. XIAO to her new role with the Company.
お知らせ • Sep 27Ming Yuan Cloud Group Holdings Limited Announces Change of Independent Non-Executive Director and Change in Composition of Board CommitteesThe Board of Ming Yuan Cloud Group Holdings Limited announces that with effect from 26 September 2022: 1. Ms. ZENG Jing has resigned as an independent non-executive Director, the chairperson of the Audit Committee and a member of the Nomination Committee; and 2. Ms. TONG Naqiong has been appointed as an independent non-executive Director, the chairperson of the Audit Committee and a member of the Nomination Committee. The board (the "Board") of directors (the "Directors" and each, a "Director") of Ming Yuan Cloud Group Holdings Limited (the " Company ") announces that Ms. ZENG Jing (" Ms. ZENG") tendered her resignation as an independent non-executive Director, the chairperson of the Audit Committee (the "Audit Committee") and a member of the Nomination Committee (the "Nomination Committee") of the Board (the "Resignation") due to her personal business commitment with effect from 26 September 2022. Ms. ZENG has confirmed that (i) she has no disagreement with the Board; and (ii) there are no matters with respect to her resignation that need to be brought to the attention of The Stock Exchange of Hong Kong Limited or the shareholders of the Company (the "Shareholders"). The Nomination Committee has resolved to nominate Ms. TONG Naqiong ("Ms. TONG") as an independent non-executive Director. The Board announced that Ms. TONG has been appointed as an independent non-executive Director with effect from 26 September 2022. The biographical details of Ms. TONG are set forth as follows: Ms. TONG Naqiong, aged 42, served as an assistant professor of accounting at the Merrick School of Business, University of Baltimore in the United States from January 2010 to July 2011. Since August 2011, Ms. TONG has successively served as assistant professor and associate professor of accounting at the Peking University HSBC Business School. Previously, Ms. TONG has served as an independent director of Shenzhen Bingchuan Network Co. Ltd. from September 2018 to August 2022 and an independent director of Beijing Zhtd Environmental Protection Technology Co. Ltd. since April 2020. Ms. TONG received a bachelor ' s degree in cultural heritage and museology from Fudan University in the People's Republic of China ("PRC") in July 2002, a master's degree in business administration from College of Cardiff of University of Wales in the United Kingdom in August 2004 and a doctor's degree in accounting from Rutgers University in the United States in October 2009. Ms. TONG holds a qualification from the American Institute of Certified Public Accountants (AICPA). Ms. TONG ' s appointment was recommended by the Nomination Committee after taking into account of her previous working experience and her expected devotion to the Company in terms of time and effort. Taking into consideration of the diversity perspectives (including but not limited to gender, age, cultural and educational background, professional experience, length of service, skills and knowledge), the Board is satisfied that Ms. TONG is of such character, integrity and experience commensurating with the office of an independent non-executive Director. Ms. TONG has entered into a letter of appointment with the Company for a term of one year commencing from 26 September 2022. Pursuant to the articles of association of the Company, as amended and supplemented from time to time, Ms. TONG shall hold office until the next following annual general meeting of the Company following her appointment and shall be eligible for re-election at that meeting and thereafter, shall be subject to retirement by rotation at the annual general meetings of the Company at least once every three years. During the tenure, the appointment may be terminated by either party through serving the other not less than one-month notice in writing. She is entitled to receive a Director's fee of HKD 100,000 per annum. The fee was determined by the Board and the remuneration committee of the Board with reference to the prevailing market conditions, qualifications, duties and responsibilities of Ms. TONG. The remuneration committee of the Board considered that Ms. TONG's remuneration package is fair and reasonable.
Recent Insider Transactions • Sep 14VP & Executive Director recently bought HK$5.4m worth of stockOn the 7th of September, Xiaohui Chen bought around 1m shares on-market at roughly HK$5.43 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$23m more in shares than they have sold in the last 12 months.
分析記事 • Sep 13We're Interested To See How Ming Yuan Cloud Group Holdings (HKG:909) Uses Its Cash Hoard To GrowJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Major Estimate Revision • Aug 29Consensus EPS estimates fall by 227%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.34b to CN¥2.14b. Losses expected to increase from CN¥0.09 per share to CN¥0.31. Software industry in Hong Kong expected to see average net income growth of 36% next year. Consensus price target down from HK$11.03 to HK$8.35. Share price was steady at HK$6.20 over the past week.
Reported Earnings • Aug 23First half 2022 earnings released: CN¥0.30 loss per share (vs CN¥0.089 profit in 1H 2021)First half 2022 results: CN¥0.30 loss per share (down from CN¥0.089 profit in 1H 2021). Revenue: CN¥881.2m (down 9.5% from 1H 2021). Net loss: CN¥561.5m (down 440% from profit in 1H 2021). Over the next year, revenue is forecast to grow 19%, compared to a 29% growth forecast for the Software industry in Hong Kong.
お知らせ • Aug 03Ming Yuan Cloud Group Holdings Limited Provides Unaudited Earnings Results for the Six Months Ended June 30, 2022Ming Yuan Cloud Group Holdings Limited provided unaudited earnings results for the six months ended June 30, 2022. The group is expected to record a loss attributable to equity holders of the Company in the range of approximately RMB540 million to approximately RMB 580 million for the six months ended June 30, 2022 (for the six months ended June 30, 2021: profit attributable to equity holders of the Company of approximately RMB 165.31 million).
Major Estimate Revision • Jul 13Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.56b to CN¥2.43b. Losses expected to increase from CN¥0.02 per share to CN¥0.03. Software industry in Hong Kong expected to see average net income growth of 34% next year. Consensus price target down from HK$16.50 to HK$15.15. Share price fell 25% to HK$8.63 over the past week.
分析記事 • Jun 10Companies Like Ming Yuan Cloud Group Holdings (HKG:909) Can Afford To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
お知らせ • May 28Ming Yuan Cloud Group Holdings Limited Approves Final Dividend for the Year Ended December 31, 2021Ming Yuan Cloud Group Holdings Limited at its Annual General Meeting held on May 27, 2022 approved final dividend of RMB 0.055 per share of the Company for the year ended December 31, 2021.
Upcoming Dividend • May 25Upcoming dividend of HK$0.068 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 27 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Hong Kong dividend payers (7.8%). Lower than average of industry peers (1.0%).
分析記事 • May 20Calculating The Intrinsic Value Of Ming Yuan Cloud Group Holdings Limited (HKG:909)In this article we are going to estimate the intrinsic value of Ming Yuan Cloud Group Holdings Limited ( HKG:909 ) by...
Buying Opportunity • May 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 45%. The fair value is estimated to be HK$11.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 18% in a year. Earnings is forecast to grow by 82% in the next year.
Board Change • Apr 27Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Executive Chairman Yu Gao is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Hanhui Li was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 23Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 27, 2022Ming Yuan Cloud Group Holdings Limited, Annual General Meeting, May 27, 2022, at 10:30 China Standard Time. Location: Room New York, 501-509 East Block, Skyworth Semiconductor Design Building, 18 Gaoxin South 4th Road, Gaoxin Community, Yuehai Subdistrict, Nanshan District, Shenzhen China Agenda: To receive and adopt the audited consolidated financial statements of the Company and the reports of the directors of the Company (the "Directors") and independent auditor of the Company (the "Auditor") for the year ended December 31, 2021; to declare a final dividend of RMB 0.055 per share (equivalent to HKD 0.068) of the Company for the year ended December 31, 2021; to authorise the board of Directors (the "Board") to fix the remuneration of the Directors; to re-appoint PricewaterhouseCoopers as Auditor and authorise the Board to fix their remuneration for the year ending December 31, 2022; and to consider other matters.