공고 • Jun 09
Inner Mongolia TianShou to Delist from Shenzhen Bourse Inner Mongolia TianShou Technology&development, CO., LTD. will be delisted from the Shenzhen Stock Exchange's ChiNext board after June 27, 2022 according to a bourse filing on June 7, 2022. The company will enter into a delisting transitional period for 15 trading days from June 7, 2022 after it continued to book losses in 2021. Under listing laws in China s A-share market, companies with two consecutive years of losses are subject to delisting. Board Change • Jun 07
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director Shijie Qiu is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공고 • May 07
Inner Mongolia TianShou Technology&development, CO., LTD., Annual General Meeting, Jun 10, 2022 Inner Mongolia TianShou Technology&development, CO., LTD., Annual General Meeting, Jun 10, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors;to consider 2021 work report of the supervisory committee;to consider 2021 annual accounts;to consider 2021 profit distribution plan;to consider 2021 annual report and its summary;and to consider Capital decrease. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.023 loss per share (vs CN¥0.017 loss in 1Q 2021) First quarter 2022 results: CN¥0.023 loss per share (down from CN¥0.017 loss in 1Q 2021). Revenue: CN¥36.5m (up CN¥36.2m from 1Q 2021). Net loss: CN¥7.95m (loss widened 37% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director Shijie Qiu is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.036 loss per share (vs CN¥0.025 loss in 3Q 2020) Third quarter 2021 results: Net loss: CN¥12.1m (loss widened 43% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
Second quarter 2021 earnings released: CN¥0.042 loss per share (vs CN¥0.042 loss in 2Q 2020) Second quarter 2021 results: Net loss: CN¥14.3m (flat on 2Q 2020). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • May 04
First quarter 2021 earnings released: CN¥0.017 loss per share (vs CN¥0.016 loss in 1Q 2020) First quarter 2021 results: Net loss: CN¥5.81m (loss widened 5.3% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 16
Full year 2020 earnings released: CN¥0.15 loss per share (vs CN¥0.037 profit in FY 2019) The company reported a decent full year result with improved revenues, although earnings and control over costs were weaker. Full year 2020 results: Revenue: CN¥114.6m (up 146% from FY 2019). Net loss: CN¥49.2m (down 495% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥2.55 The company is down 22% from its price of CN¥3.26 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 14% over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥2.61 The company is down 25% from its price of CN¥3.48 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 3.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥3.12 The company is down 7.0% from its price of CN¥3.36 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is flat over the same period. Is New 90 Day High Low • Nov 26
New 90-day low: CN¥3.19 The company is down 9.0% from its price of CN¥3.50 on 28 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is flat over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥3.38m, with earnings increasing by CN¥112.4m from the prior year. Total revenue was CN¥19.0m over the last 12 months, down 41% from the prior year. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥3.32 The company is down 6.0% from its price of CN¥3.54 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period. 공고 • Oct 17
Inner Mongolia TianShou Technology&development, CO., LTD. to Report Q3, 2020 Results on Oct 24, 2020 Inner Mongolia TianShou Technology&development, CO., LTD. announced that they will report Q3, 2020 results on Oct 24, 2020 공고 • Aug 13
Inner Mongolia TianShou Technology&development, CO., LTD. to Report First Half, 2020 Results on Aug 29, 2020 Inner Mongolia TianShou Technology&development, CO., LTD. announced that they will report first half, 2020 results on Aug 29, 2020