Beisen Holding（9669）株式概要投資持株会社であるBeisen Holding Limitedは、中華人民共和国において、企業が人材を採用、評価、管理、育成、維持するためのクラウドベースの人的資本管理（HCM）ソリューションを提供している。 詳細9669 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長4/6過去の実績0/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より81.3%で取引されている 収益は年間162.33%増加すると予測されています 過去5年間の収益は年間20.7%増加しました。 リスク分析リスクチェックの結果、9669 、リスクは検出されなかった。すべてのリスクチェックを見る9669 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueHK$Current PriceHK$3.3941.6% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-5b2b2016201920222025202620282031Revenue CN¥2.0bEarnings CN¥243.4mAdvancedSet Fair ValueView all narrativesBeisen Holding Limited 競合他社Chanjet Information TechnologySymbol: SEHK:1588Market cap: HK$1.8bInspur Digital Enterprise TechnologySymbol: SEHK:596Market cap: HK$3.1bBeijing Saimo TechnologySymbol: SEHK:2571Market cap: HK$1.9bAInnovation Technology GroupSymbol: SEHK:2121Market cap: HK$2.5b価格と性能株価の高値、安値、推移の概要Beisen Holding過去の株価現在の株価HK$3.3952週高値HK$9.7252週安値HK$3.19ベータ1.981ヶ月の変化-6.61%3ヶ月変化-40.53%1年変化-44.34%3年間の変化-61.87%5年間の変化n/aIPOからの変化-87.01%最新ニュースNew Risk • Apr 18New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: CN¥67m Forecast net loss in 1 year: CN¥4.4m 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.Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Ke Ge was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 27First half 2026 earnings released: CN¥0.025 loss per share (vs CN¥0.14 loss in 1H 2025)First half 2026 results: CN¥0.025 loss per share (improved from CN¥0.14 loss in 1H 2025). Revenue: CN¥516.0m (up 18% from 1H 2025). Net loss: CN¥18.4m (loss narrowed 81% from 1H 2025). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong.お知らせ • Nov 13Beisen Holding Limited to Report First Half, 2026 Results on Nov 24, 2025Beisen Holding Limited announced that they will report first half, 2026 results on Nov 24, 2025分析記事 • Nov 07Estimating The Intrinsic Value Of Beisen Holding Limited (HKG:9669)Key Insights The projected fair value for Beisen Holding is HK$7.32 based on 2 Stage Free Cash Flow to Equity With...Buy Or Sell Opportunity • Oct 03Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 2.0% to HK$8.71. The fair value is estimated to be HK$7.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 63% in the next year.最新情報をもっと見るRecent updatesNew Risk • Apr 18New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: CN¥67m Forecast net loss in 1 year: CN¥4.4m 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.Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Ke Ge was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 27First half 2026 earnings released: CN¥0.025 loss per share (vs CN¥0.14 loss in 1H 2025)First half 2026 results: CN¥0.025 loss per share (improved from CN¥0.14 loss in 1H 2025). Revenue: CN¥516.0m (up 18% from 1H 2025). Net loss: CN¥18.4m (loss narrowed 81% from 1H 2025). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong.お知らせ • Nov 13Beisen Holding Limited to Report First Half, 2026 Results on Nov 24, 2025Beisen Holding Limited announced that they will report first half, 2026 results on Nov 24, 2025分析記事 • Nov 07Estimating The Intrinsic Value Of Beisen Holding Limited (HKG:9669)Key Insights The projected fair value for Beisen Holding is HK$7.32 based on 2 Stage Free Cash Flow to Equity With...Buy Or Sell Opportunity • Oct 03Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 2.0% to HK$8.71. The fair value is estimated to be HK$7.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 63% in the next year.Buy Or Sell Opportunity • Aug 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 39% to HK$8.58. The fair value is estimated to be HK$7.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 65% in the next year.Buy Or Sell Opportunity • Jul 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 74% to HK$8.71. The fair value is estimated to be HK$7.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 65% in the next year.Buy Or Sell Opportunity • Jun 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 59% to HK$8.87. The fair value is estimated to be HK$7.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 55% in the next year.Major Estimate Revision • Jun 26Consensus EPS estimates upgraded to CN¥0.07 lossThe consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -CN¥0.095 to -CN¥0.07 per share. Revenue forecast steady at CN¥1.10b. Software industry in Hong Kong expected to see average net income growth of 63% next year. Consensus price target up from HK$6.60 to HK$9.99. Share price was steady at HK$9.42 over the past week.分析記事 • Jun 20Optimistic Investors Push Beisen Holding Limited (HKG:9669) Shares Up 54% But Growth Is LackingThe Beisen Holding Limited ( HKG:9669 ) share price has done very well over the last month, posting an excellent gain...Reported Earnings • Jun 20Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: CN¥0.20 loss per share (improved from CN¥4.48 loss in FY 2024). Revenue: CN¥945.1m (up 11% from FY 2024). Net loss: CN¥147.4m (loss narrowed 95% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in Hong Kong.お知らせ • Jun 20Beisen Holding Limited, Annual General Meeting, Sep 18, 2025Beisen Holding Limited, Annual General Meeting, Sep 18, 2025.お知らせ • Jun 05Beisen Holding Limited to Report Fiscal Year 2025 Results on Jun 19, 2025Beisen Holding Limited announced that they will report fiscal year 2025 results on Jun 19, 2025New Risk • May 19New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥250m Forecast net loss in 2 years: CN¥3.5m 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.Breakeven Date Change • Feb 27Forecast to breakeven in 2027The 3 analysts covering Beisen Holding expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 83% per year to 2026. The company is expected to make a profit of CN¥162.0m in 2027. Average annual earnings growth of 89% is required to achieve expected profit on schedule.お知らせ • Jan 16Beisen Holding Limited (SEHK:9669) agreed to acquire Kuxuan (Beijing) Technology Co., Ltd. from a group of sellers for CNY 180 millionBeisen Holding Limited (SEHK:9669) agreed to acquire Kuxuan (Beijing) Technology Co., Ltd. from a group of sellers for CNY 180 million on January 14, 2025. A cash consideration of CNY 180 million will be paid by Beisen Holding Limited. As part of consideration, CNY 180 million is paid towards common equity of Kuxuan (Beijing) Technology Co., Ltd. The transaction will be financed through equity investment of CNY 180 million. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been approved by the board.New Risk • Jan 02New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$2.7m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥352m net loss in 2 years). Significant insider selling over the past 3 months (HK$2.7m sold).Recent Insider Transactions • Nov 23Executive Chairman of the Board recently sold HK$1.5m worth of stockOn the 19th of November, Zhaohui Wang sold around 367k shares on-market at roughly HK$4.03 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Zhaohui has been a net seller over the last 12 months, reducing personal holdings by HK$322k.Reported Earnings • Nov 22First half 2025 earnings released: CN¥0.14 loss per share (vs CN¥4.64 loss in 1H 2024)First half 2025 results: CN¥0.14 loss per share (improved from CN¥4.64 loss in 1H 2024). Revenue: CN¥436.6m (up 9.0% from 1H 2024). Net loss: CN¥99.0m (loss narrowed 97% from 1H 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Software industry in Hong Kong.New Risk • Nov 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 21% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥352m net loss in 2 years).分析記事 • Nov 07Beisen Holding Limited (HKG:9669) Shares May Have Slumped 25% But Getting In Cheap Is Still UnlikelyThe Beisen Holding Limited ( HKG:9669 ) share price has softened a substantial 25% over the previous 30 days, handing...お知らせ • Nov 06Beisen Holding Limited to Report First Half, 2025 Results on Nov 18, 2024Beisen Holding Limited announced that they will report first half, 2025 results on Nov 18, 2024Recent Insider Transactions • Sep 27CEO & Executive Director recently bought HK$139k worth of stockOn the 23rd of September, Weiguo Ji bought around 44k shares on-market at roughly HK$3.20 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. Weiguo has been a buyer over the last 12 months, purchasing a net total of HK$1.1m worth in shares.New Risk • Aug 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Major Estimate Revision • Jul 02Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥1.04b to CN¥985.6m. Losses expected to increase from CN¥0.29 per share to CN¥0.34. Software industry in Hong Kong expected to see average net income growth of 60% next year. Consensus price target up from HK$7.19 to HK$7.66. Share price fell 11% to HK$4.50 over the past week.Breakeven Date Change • Jun 28Forecast to breakeven in 2027The 5 analysts covering Beisen Holding expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 39% per year to 2026. The company is expected to make a profit of CN¥85.0m in 2027. Average annual earnings growth of 68% is required to achieve expected profit on schedule.お知らせ • Jun 27Beisen Holding Limited, Annual General Meeting, Sep 20, 2024Beisen Holding Limited, Annual General Meeting, Sep 20, 2024.Reported Earnings • Jun 26Full year 2024 earnings: Revenues miss analyst expectationsFull year 2024 results: Revenue: CN¥854.7m (up 14% from FY 2023). Net loss: CN¥3.21b (loss widened 24% from FY 2023). Revenue missed analyst estimates by 1.2%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Hong Kong.お知らせ • Jun 15Beisen Holding Limited to Report Fiscal Year 2024 Results on Jun 25, 2024Beisen Holding Limited announced that they will report fiscal year 2024 results on Jun 25, 2024New Risk • Jun 03New 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 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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¥920m net loss in 2 years). Share price has been volatile over the past 3 months (12% average weekly change).分析記事 • Mar 07We're Not Very Worried About Beisen Holding's (HKG:9669) Cash Burn RateJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...Recent Insider Transactions • Jan 24Executive Chairman of the Board recently bought HK$765k worth of stockOn the 18th of January, Zhaohui Wang bought around 160k shares on-market at roughly HK$4.78 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$10m. Zhaohui has been a buyer over the last 12 months, purchasing a net total of HK$1.3m worth in shares.Reported Earnings • Nov 29First half 2024 earnings released: CN¥4.64 loss per share (vs CN¥0.76 loss in 1H 2023)First half 2024 results: CN¥4.64 loss per share (further deteriorated from CN¥0.76 loss in 1H 2023). Revenue: CN¥400.5m (up 14% from 1H 2023). Net loss: CN¥3.06b (loss widened CN¥2.90b from 1H 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong.お知らせ • Nov 17Beisen Holding Limited to Report First Half, 2024 Results on Nov 27, 2023Beisen Holding Limited announced that they will report first half, 2024 results on Nov 27, 2023お知らせ • Nov 02Beisen Holding Limited Provides Earnings Guidance for the Six Months Ended 30 September 2023Beisen Holding Limited provided earnings guidance for the six months ended 30 September 2023. For the period the company expects to record (i) a revenue in the range of approximatelyRMB389.4 million to approximately RMB413.9 million for the six months ended 30 September 2023, representing an increase of more than 11.0%, as compared to the revenue of approximately RMB350.8 million for the same period in 2022; and (ii) a loss attributable to the owners of the Company in the range of approximately RMB2,898.9 million to approximately RMB3,204.1 million for the six months ended 30 September 2023, as compared to a loss attributable to the owners of the Company of approximately RMB162.8 million for the same period in 2022. The increase inloss attributable to the owners of the Company was mainly due to the increase in loss from changes in fair value of the Company's redeemable convertible preferred shares and the increase in share-based payments in the range of approximately RMB2,812.9 million to approximately RMB3,110.1 million. The decrease in the adjusted net loss as well as the increase in adjusted gross profit were mainly due to the following factors: (i) the continuous increase in the Group's revenue, specially the revenue generated from subscriptions to the Cloud-based Human Capital Management ("HCM") solutions. The revenue generated from subscriptions to Cloud-based HCM solutions is expected to increase to approximately RMB282.3 million to approximately RMB312.5 million for the six months ended 30 September 2023, accounted for approximately 72.5% to 75.5% of the total revenue; and (ii) the enhancement of costs control. Starting from 2023, in response to the changes in industry and markets, the Company has taken proactive cost control measures to improve the efficiency of the service team while maintaining the health and sustainability of the business growth.分析記事 • Oct 18Some Beisen Holding Limited (HKG:9669) Shareholders Look For Exit As Shares Take 29% PoundingTo the annoyance of some shareholders, Beisen Holding Limited ( HKG:9669 ) shares are down a considerable 29% in the...Reported Earnings • Jul 31Full year 2023 earnings released: CN¥12.16 loss per share (vs CN¥8.92 loss in FY 2022)Full year 2023 results: CN¥12.16 loss per share (further deteriorated from CN¥8.92 loss in FY 2022). Revenue: CN¥750.9m (up 11% from FY 2022). Net loss: CN¥2.60b (loss widened 36% from FY 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Software industry in Hong Kong.お知らせ • Jul 29Beisen Holding Limited, Annual General Meeting, Sep 20, 2023Beisen Holding Limited, Annual General Meeting, Sep 20, 2023, at 14:00 China Standard Time. Location: 19th Floor Huarui Mansion, Xiaoyunli South Street No. 9 Courtyard, Chaoyang District, Beijing 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(s)") and independent auditor of the Company (the "Auditor") for the financial year ended March 31, 2023; To re-appoint PricewaterhouseCoopers as the Auditor and to authorise the Board to fix its remuneration for the financial year ending March 31, 2024; and to consider other matters.お知らせ • Jun 20Beisen Holding Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended March 31, 2023Beisen Holding Limited provided unaudited consolidated earnings guidance for the year ended March 31, 2023. For the period, the company expects to record a revenue in the range of approximately RMB740.0 million to approximately RMB760.0 million for the year ended 31 March 2023, despite the negative impact of COVID-19 pandemic, as compared to a revenue of approximately RMB679.6 million for the year ended 31 March 2022; and (2) a loss attributable to the owners of the Company in the range of approximately RMB2,550.0million to approximately RMB2,650.0 million for the year ended 31 March 2023, as compared to a loss attributable to the owners of the Company of approximately RMB1,908.8 million for the year ended 31 March 2022. The increase in loss attributable to the owners of the Company for the year ended 31 March 2023 was mainly due to the following factors: an increase in loss from changes in fair value of the Company's redeemable convertible preferred shares in the range of approximately RMB600.0 million to approximately RMB610.0 million due to the increased valuation of the Company. Such changes are in one-off nature and non-recurring in future as all the redeemable convertible preferred shares were automatically converted into the ordinary shares of the Company upon the listing of the shares of the Company on The Stock Exchange of Hong Kong Limited; and the hindrance of some of the marketing activities and delivery of the Company as a result of the continued impact of COVID-19 pandemic in 2022.お知らせ • Jun 16Beisen Holding Limited to Report Fiscal Year 2023 Results on Jun 28, 2023Beisen Holding Limited announced that they will report fiscal year 2023 results on Jun 28, 2023Recent Insider Transactions • Apr 28Executive Chairman of the Board recently bought HK$59k worth of stockOn the 19th of April, Zhaohui Wang bought around 4k shares on-market at roughly HK$14.09 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. This was Zhaohui's only on-market trade for the last 12 months.株主還元9669HK SoftwareHK 市場7D-2.0%2.6%-1.5%1Y-44.3%-18.2%11.3%株主還元を見る業界別リターン: 9669過去 1 年間で-18.2 % の収益を上げたHong Kong Software業界を下回りました。リターン対市場: 9669は、過去 1 年間で11.3 % のリターンを上げたHong Kong市場を下回りました。価格変動Is 9669's price volatile compared to industry and market?9669 volatility9669 Average Weekly Movement8.0%Software Industry Average Movement8.6%Market Average Movement7.3%10% most volatile stocks in HK Market15.6%10% least volatile stocks in HK Market3.5%安定した株価: 9669 、 Hong Kong市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 9669の 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20021,905Weiguo Jiwww.beisen.com投資持株会社であるBeisen Holding Limitedは、中華人民共和国において、企業が人材を採用、評価、管理、育成、維持するためのクラウドベースの人的資本管理（HCM）ソリューションを提供している。iTalentXの統合HCMソリューションには、企業が採用プロセスを合理化するためのテクノロジー対応人材採用アプリケーションであるリクルートメント・クラウド、顧客が現在および将来の従業員をスキルや能力から成長可能性まで評価するのに役立つアプリケーションであるアセスメント・クラウド・ソリューション、従業員の目標を調整し、進捗状況を継続的に追跡し、従業員と組織の総合的なパフォーマンス評価をサポートするパフォーマンス・マネジメント・クラウド・ソリューションなどがある。また、サクセッション・クラウド（Succession Cloud）は、顧客の人材パイプラインと、上級管理職から個人貢献者まで、既存の従業員内の後継者候補をリアルタイムで可視化するもので、Eラーニング・クラウド（E-learning Cloud）は、オンライン学習・トレーニング管理プラットフォーム、人材分析ソリューション、コアHCMソリューション（新入社員のオンボーディング、人材派遣管理、給与管理）も提供している。Beisen Holding Limitedは2002年に設立され、本社は中華人民共和国の成都にある。もっと見るBeisen Holding Limited 基礎のまとめBeisen Holding の収益と売上を時価総額と比較するとどうか。9669 基礎統計学時価総額HK$2.47b収益（TTM）-HK$76.97m売上高(TTM)HK$1.18b2.1xP/Sレシオ-32.2xPER（株価収益率9669 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計9669 損益計算書（TTM）収益CN¥1.02b売上原価CN¥337.24m売上総利益CN¥687.22mその他の費用CN¥754.00m収益-CN¥66.77m直近の収益報告Sep 30, 2025次回決算日該当なし一株当たり利益（EPS）-0.091グロス・マージン67.08%純利益率-6.52%有利子負債／自己資本比率0%9669 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 16:55終値2026/05/22 00:00収益2025/09/30年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Beisen Holding Limited 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Xiaodan ZhangChina International Capital Corporation LimitedTianzi FuEverbright Securities Co. Ltd.Yang LiuMorgan Stanley1 その他のアナリストを表示
New Risk • Apr 18New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: CN¥67m Forecast net loss in 1 year: CN¥4.4m 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.
Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Ke Ge was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 27First half 2026 earnings released: CN¥0.025 loss per share (vs CN¥0.14 loss in 1H 2025)First half 2026 results: CN¥0.025 loss per share (improved from CN¥0.14 loss in 1H 2025). Revenue: CN¥516.0m (up 18% from 1H 2025). Net loss: CN¥18.4m (loss narrowed 81% from 1H 2025). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong.
お知らせ • Nov 13Beisen Holding Limited to Report First Half, 2026 Results on Nov 24, 2025Beisen Holding Limited announced that they will report first half, 2026 results on Nov 24, 2025
分析記事 • Nov 07Estimating The Intrinsic Value Of Beisen Holding Limited (HKG:9669)Key Insights The projected fair value for Beisen Holding is HK$7.32 based on 2 Stage Free Cash Flow to Equity With...
Buy Or Sell Opportunity • Oct 03Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 2.0% to HK$8.71. The fair value is estimated to be HK$7.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 63% in the next year.
New Risk • Apr 18New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: CN¥67m Forecast net loss in 1 year: CN¥4.4m 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.
Board Change • Apr 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Ke Ge was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 27First half 2026 earnings released: CN¥0.025 loss per share (vs CN¥0.14 loss in 1H 2025)First half 2026 results: CN¥0.025 loss per share (improved from CN¥0.14 loss in 1H 2025). Revenue: CN¥516.0m (up 18% from 1H 2025). Net loss: CN¥18.4m (loss narrowed 81% from 1H 2025). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong.
お知らせ • Nov 13Beisen Holding Limited to Report First Half, 2026 Results on Nov 24, 2025Beisen Holding Limited announced that they will report first half, 2026 results on Nov 24, 2025
分析記事 • Nov 07Estimating The Intrinsic Value Of Beisen Holding Limited (HKG:9669)Key Insights The projected fair value for Beisen Holding is HK$7.32 based on 2 Stage Free Cash Flow to Equity With...
Buy Or Sell Opportunity • Oct 03Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 2.0% to HK$8.71. The fair value is estimated to be HK$7.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 18% in a year. Earnings are forecast to grow by 63% in the next year.
Buy Or Sell Opportunity • Aug 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 39% to HK$8.58. The fair value is estimated to be HK$7.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 65% in the next year.
Buy Or Sell Opportunity • Jul 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 74% to HK$8.71. The fair value is estimated to be HK$7.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 65% in the next year.
Buy Or Sell Opportunity • Jun 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 59% to HK$8.87. The fair value is estimated to be HK$7.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 55% in the next year.
Major Estimate Revision • Jun 26Consensus EPS estimates upgraded to CN¥0.07 lossThe consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -CN¥0.095 to -CN¥0.07 per share. Revenue forecast steady at CN¥1.10b. Software industry in Hong Kong expected to see average net income growth of 63% next year. Consensus price target up from HK$6.60 to HK$9.99. Share price was steady at HK$9.42 over the past week.
分析記事 • Jun 20Optimistic Investors Push Beisen Holding Limited (HKG:9669) Shares Up 54% But Growth Is LackingThe Beisen Holding Limited ( HKG:9669 ) share price has done very well over the last month, posting an excellent gain...
Reported Earnings • Jun 20Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: CN¥0.20 loss per share (improved from CN¥4.48 loss in FY 2024). Revenue: CN¥945.1m (up 11% from FY 2024). Net loss: CN¥147.4m (loss narrowed 95% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in Hong Kong.
お知らせ • Jun 20Beisen Holding Limited, Annual General Meeting, Sep 18, 2025Beisen Holding Limited, Annual General Meeting, Sep 18, 2025.
お知らせ • Jun 05Beisen Holding Limited to Report Fiscal Year 2025 Results on Jun 19, 2025Beisen Holding Limited announced that they will report fiscal year 2025 results on Jun 19, 2025
New Risk • May 19New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥250m Forecast net loss in 2 years: CN¥3.5m 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.
Breakeven Date Change • Feb 27Forecast to breakeven in 2027The 3 analysts covering Beisen Holding expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 83% per year to 2026. The company is expected to make a profit of CN¥162.0m in 2027. Average annual earnings growth of 89% is required to achieve expected profit on schedule.
お知らせ • Jan 16Beisen Holding Limited (SEHK:9669) agreed to acquire Kuxuan (Beijing) Technology Co., Ltd. from a group of sellers for CNY 180 millionBeisen Holding Limited (SEHK:9669) agreed to acquire Kuxuan (Beijing) Technology Co., Ltd. from a group of sellers for CNY 180 million on January 14, 2025. A cash consideration of CNY 180 million will be paid by Beisen Holding Limited. As part of consideration, CNY 180 million is paid towards common equity of Kuxuan (Beijing) Technology Co., Ltd. The transaction will be financed through equity investment of CNY 180 million. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been approved by the board.
New Risk • Jan 02New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: HK$2.7m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥352m net loss in 2 years). Significant insider selling over the past 3 months (HK$2.7m sold).
Recent Insider Transactions • Nov 23Executive Chairman of the Board recently sold HK$1.5m worth of stockOn the 19th of November, Zhaohui Wang sold around 367k shares on-market at roughly HK$4.03 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Zhaohui has been a net seller over the last 12 months, reducing personal holdings by HK$322k.
Reported Earnings • Nov 22First half 2025 earnings released: CN¥0.14 loss per share (vs CN¥4.64 loss in 1H 2024)First half 2025 results: CN¥0.14 loss per share (improved from CN¥4.64 loss in 1H 2024). Revenue: CN¥436.6m (up 9.0% from 1H 2024). Net loss: CN¥99.0m (loss narrowed 97% from 1H 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Software industry in Hong Kong.
New Risk • Nov 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 21% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥352m net loss in 2 years).
分析記事 • Nov 07Beisen Holding Limited (HKG:9669) Shares May Have Slumped 25% But Getting In Cheap Is Still UnlikelyThe Beisen Holding Limited ( HKG:9669 ) share price has softened a substantial 25% over the previous 30 days, handing...
お知らせ • Nov 06Beisen Holding Limited to Report First Half, 2025 Results on Nov 18, 2024Beisen Holding Limited announced that they will report first half, 2025 results on Nov 18, 2024
Recent Insider Transactions • Sep 27CEO & Executive Director recently bought HK$139k worth of stockOn the 23rd of September, Weiguo Ji bought around 44k shares on-market at roughly HK$3.20 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. Weiguo has been a buyer over the last 12 months, purchasing a net total of HK$1.1m worth in shares.
New Risk • Aug 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Jul 02Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥1.04b to CN¥985.6m. Losses expected to increase from CN¥0.29 per share to CN¥0.34. Software industry in Hong Kong expected to see average net income growth of 60% next year. Consensus price target up from HK$7.19 to HK$7.66. Share price fell 11% to HK$4.50 over the past week.
Breakeven Date Change • Jun 28Forecast to breakeven in 2027The 5 analysts covering Beisen Holding expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 39% per year to 2026. The company is expected to make a profit of CN¥85.0m in 2027. Average annual earnings growth of 68% is required to achieve expected profit on schedule.
お知らせ • Jun 27Beisen Holding Limited, Annual General Meeting, Sep 20, 2024Beisen Holding Limited, Annual General Meeting, Sep 20, 2024.
Reported Earnings • Jun 26Full year 2024 earnings: Revenues miss analyst expectationsFull year 2024 results: Revenue: CN¥854.7m (up 14% from FY 2023). Net loss: CN¥3.21b (loss widened 24% from FY 2023). Revenue missed analyst estimates by 1.2%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Hong Kong.
お知らせ • Jun 15Beisen Holding Limited to Report Fiscal Year 2024 Results on Jun 25, 2024Beisen Holding Limited announced that they will report fiscal year 2024 results on Jun 25, 2024
New Risk • Jun 03New 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 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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¥920m net loss in 2 years). Share price has been volatile over the past 3 months (12% average weekly change).
分析記事 • Mar 07We're Not Very Worried About Beisen Holding's (HKG:9669) Cash Burn RateJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Recent Insider Transactions • Jan 24Executive Chairman of the Board recently bought HK$765k worth of stockOn the 18th of January, Zhaohui Wang bought around 160k shares on-market at roughly HK$4.78 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$10m. Zhaohui has been a buyer over the last 12 months, purchasing a net total of HK$1.3m worth in shares.
Reported Earnings • Nov 29First half 2024 earnings released: CN¥4.64 loss per share (vs CN¥0.76 loss in 1H 2023)First half 2024 results: CN¥4.64 loss per share (further deteriorated from CN¥0.76 loss in 1H 2023). Revenue: CN¥400.5m (up 14% from 1H 2023). Net loss: CN¥3.06b (loss widened CN¥2.90b from 1H 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong.
お知らせ • Nov 17Beisen Holding Limited to Report First Half, 2024 Results on Nov 27, 2023Beisen Holding Limited announced that they will report first half, 2024 results on Nov 27, 2023
お知らせ • Nov 02Beisen Holding Limited Provides Earnings Guidance for the Six Months Ended 30 September 2023Beisen Holding Limited provided earnings guidance for the six months ended 30 September 2023. For the period the company expects to record (i) a revenue in the range of approximatelyRMB389.4 million to approximately RMB413.9 million for the six months ended 30 September 2023, representing an increase of more than 11.0%, as compared to the revenue of approximately RMB350.8 million for the same period in 2022; and (ii) a loss attributable to the owners of the Company in the range of approximately RMB2,898.9 million to approximately RMB3,204.1 million for the six months ended 30 September 2023, as compared to a loss attributable to the owners of the Company of approximately RMB162.8 million for the same period in 2022. The increase inloss attributable to the owners of the Company was mainly due to the increase in loss from changes in fair value of the Company's redeemable convertible preferred shares and the increase in share-based payments in the range of approximately RMB2,812.9 million to approximately RMB3,110.1 million. The decrease in the adjusted net loss as well as the increase in adjusted gross profit were mainly due to the following factors: (i) the continuous increase in the Group's revenue, specially the revenue generated from subscriptions to the Cloud-based Human Capital Management ("HCM") solutions. The revenue generated from subscriptions to Cloud-based HCM solutions is expected to increase to approximately RMB282.3 million to approximately RMB312.5 million for the six months ended 30 September 2023, accounted for approximately 72.5% to 75.5% of the total revenue; and (ii) the enhancement of costs control. Starting from 2023, in response to the changes in industry and markets, the Company has taken proactive cost control measures to improve the efficiency of the service team while maintaining the health and sustainability of the business growth.
分析記事 • Oct 18Some Beisen Holding Limited (HKG:9669) Shareholders Look For Exit As Shares Take 29% PoundingTo the annoyance of some shareholders, Beisen Holding Limited ( HKG:9669 ) shares are down a considerable 29% in the...
Reported Earnings • Jul 31Full year 2023 earnings released: CN¥12.16 loss per share (vs CN¥8.92 loss in FY 2022)Full year 2023 results: CN¥12.16 loss per share (further deteriorated from CN¥8.92 loss in FY 2022). Revenue: CN¥750.9m (up 11% from FY 2022). Net loss: CN¥2.60b (loss widened 36% from FY 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Software industry in Hong Kong.
お知らせ • Jul 29Beisen Holding Limited, Annual General Meeting, Sep 20, 2023Beisen Holding Limited, Annual General Meeting, Sep 20, 2023, at 14:00 China Standard Time. Location: 19th Floor Huarui Mansion, Xiaoyunli South Street No. 9 Courtyard, Chaoyang District, Beijing 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(s)") and independent auditor of the Company (the "Auditor") for the financial year ended March 31, 2023; To re-appoint PricewaterhouseCoopers as the Auditor and to authorise the Board to fix its remuneration for the financial year ending March 31, 2024; and to consider other matters.
お知らせ • Jun 20Beisen Holding Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended March 31, 2023Beisen Holding Limited provided unaudited consolidated earnings guidance for the year ended March 31, 2023. For the period, the company expects to record a revenue in the range of approximately RMB740.0 million to approximately RMB760.0 million for the year ended 31 March 2023, despite the negative impact of COVID-19 pandemic, as compared to a revenue of approximately RMB679.6 million for the year ended 31 March 2022; and (2) a loss attributable to the owners of the Company in the range of approximately RMB2,550.0million to approximately RMB2,650.0 million for the year ended 31 March 2023, as compared to a loss attributable to the owners of the Company of approximately RMB1,908.8 million for the year ended 31 March 2022. The increase in loss attributable to the owners of the Company for the year ended 31 March 2023 was mainly due to the following factors: an increase in loss from changes in fair value of the Company's redeemable convertible preferred shares in the range of approximately RMB600.0 million to approximately RMB610.0 million due to the increased valuation of the Company. Such changes are in one-off nature and non-recurring in future as all the redeemable convertible preferred shares were automatically converted into the ordinary shares of the Company upon the listing of the shares of the Company on The Stock Exchange of Hong Kong Limited; and the hindrance of some of the marketing activities and delivery of the Company as a result of the continued impact of COVID-19 pandemic in 2022.
お知らせ • Jun 16Beisen Holding Limited to Report Fiscal Year 2023 Results on Jun 28, 2023Beisen Holding Limited announced that they will report fiscal year 2023 results on Jun 28, 2023
Recent Insider Transactions • Apr 28Executive Chairman of the Board recently bought HK$59k worth of stockOn the 19th of April, Zhaohui Wang bought around 4k shares on-market at roughly HK$14.09 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. This was Zhaohui's only on-market trade for the last 12 months.
