공고 • Jun 30
Zhejiang Juli Culture Development Co.,Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. Non-Independent Director Kai Lin was the last 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: Insufficient board refreshment. 공고 • May 06
Zhejiang Juli Culture Development Co.,Ltd., Annual General Meeting, May 27, 2026 Zhejiang Juli Culture Development Co.,Ltd., Annual General Meeting, May 27, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China 공고 • Mar 31
Zhejiang Juli Culture Development Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 공고 • Dec 31
Zhejiang Juli Culture Development Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026 공고 • Sep 30
Zhejiang Juli Culture Development Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 공고 • Jul 02
Zhejiang Juli Culture Development Co.,Ltd. to Report First Half, 2025 Results on Aug 21, 2025 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report first half, 2025 results on Aug 21, 2025 공고 • Apr 29
Zhejiang Juli Culture Development Co.,Ltd., Annual General Meeting, May 21, 2025 Zhejiang Juli Culture Development Co.,Ltd., Annual General Meeting, May 21, 2025, at 14:00 China Standard Time. 공고 • Mar 31
Zhejiang Juli Culture Development Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 공고 • Dec 31
Zhejiang Juli Culture Development Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 16, 2025 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 16, 2025 New Risk • Nov 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (91% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). New Risk • Nov 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 91% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Oct 29
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 61% to CN¥2.34. The fair value is estimated to be CN¥1.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.4% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.012 profit in 3Q 2023) Third quarter 2024 results: CN¥0.002 loss per share (down from CN¥0.012 profit in 3Q 2023). Revenue: CN¥213.1m (down 16% from 3Q 2023). Net loss: CN¥1.31m (down 112% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥2.26, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 41x in the Entertainment industry in China. Total loss to shareholders of 11% over the past three years. Buy Or Sell Opportunity • Sep 30
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 40% to CN¥1.90. The fair value is estimated to be CN¥1.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years. Meanwhile, the company has become profitable. 공고 • Sep 30
Zhejiang Juli Culture Development Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥1.73, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 38x in the Entertainment industry in China. Total loss to shareholders of 33% over the past three years. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.42 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.27 (up from CN¥0.42 loss in 2Q 2023). Revenue: CN¥227.0m (down 13% from 2Q 2023). Net income: CN¥228.7m (up CN¥583.8m from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. 공고 • Jun 29
Zhejiang Juli Culture Development Co.,Ltd. to Report First Half, 2024 Results on Aug 20, 2024 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 공고 • Jun 08
Zhejiang Juli Culture Development Co.,Ltd., Annual General Meeting, Jun 26, 2024 Zhejiang Juli Culture Development Co.,Ltd., Annual General Meeting, Jun 26, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Reported Earnings • Apr 20
Full year 2023 earnings released: CN¥0.39 loss per share (vs CN¥0.06 profit in FY 2022) Full year 2023 results: CN¥0.39 loss per share (down from CN¥0.06 profit in FY 2022). Revenue: CN¥946.7m (up 1.3% from FY 2022). Net loss: CN¥335.6m (down CN¥388.5m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. New Risk • Apr 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese 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. 공고 • Mar 30
Zhejiang Juli Culture Development Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 공고 • Dec 29
Zhejiang Juli Culture Development Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 20, 2024 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 20, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.019 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.012 (down from CN¥0.019 in 3Q 2022). Revenue: CN¥254.7m (up 7.8% from 3Q 2022). Net income: CN¥10.8m (down 50% from 3Q 2022). Profit margin: 4.2% (down from 9.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. 공고 • Sep 30
Zhejiang Juli Culture Development Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Zhejiang Juli Culture Development Co.,Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023 Reported Earnings • Aug 19
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: CN¥259.8m (up 5.1% from 2Q 2022). Net loss: CN¥355.1m (down CN¥377.0m from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Jul 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.5% 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. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥1.88, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 75x in the Entertainment industry in China. Total returns to shareholders of 30% over the past three years. Reported Earnings • Apr 28
First quarter 2023 earnings released First quarter 2023 results: Revenue: CN¥175.9m (down 22% from 1Q 2022). Net income: CN¥1.73m (up CN¥1.48m from 1Q 2022). Profit margin: 1.0% (up from 0.1% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. 4 highly experienced directors. Chairman of the Supervisory Board Min Xu is the most experienced director on the board, commencing their role in 2007. 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 28
Third quarter 2022 earnings released: EPS: CN¥0.019 (vs CN¥0.02 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.019. Revenue: CN¥236.3m (down 23% from 3Q 2021). Net income: CN¥21.7m (up 30% from 3Q 2021). Profit margin: 9.2% (up from 5.4% in 3Q 2021). The increase in margin was driven by lower expenses. Reported Earnings • Aug 21
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: CN¥247.1m (down 24% from 2Q 2021). Net income: CN¥21.9m (down 41% from 2Q 2021). Profit margin: 8.9% (down from 11% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Jun 02
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 4 highly experienced directors. Chairman of the Supervisory Board Min Xu is the most experienced director on the board, commencing their role in 2007. 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 • May 02
First quarter 2022 earnings released First quarter 2022 results: Revenue: CN¥226.1m (down 5.7% from 1Q 2021). Net income: CN¥249.2k (down 98% from 1Q 2021). Profit margin: 0.1% (down from 5.7% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: CN¥0.09 (vs CN¥0.19 in FY 2020) Full year 2021 results: EPS: CN¥0.09 (down from CN¥0.19 in FY 2020). Revenue: CN¥1.16b (up 17% from FY 2020). Net income: CN¥80.7m (down 51% from FY 2020). Profit margin: 6.9% (down from 17% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥3.15, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 30x in the Entertainment industry in China. Total loss to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥3.47, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 40x in the Entertainment industry in China. Total loss to shareholders of 28% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.03 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥306.9m (down 3.3% from 3Q 2020). Net income: CN¥16.7m (down 32% from 3Q 2020). Profit margin: 5.4% (down from 7.7% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.037 (vs CN¥0.18 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥323.4m (up 28% from 2Q 2020). Net income: CN¥36.9m (down 78% from 2Q 2020). Profit margin: 11% (down from 65% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥2.95, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 38x in the Entertainment industry in China. Total loss to shareholders of 74% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥2.03, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 37x in the Entertainment industry in China. Total loss to shareholders of 83% over the past three years. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥0.19 (vs CN¥1.86 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥997.4m (down 56% from FY 2019). Net income: CN¥165.8m (up CN¥1.75b from FY 2019). Profit margin: 17% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 20
New 90-day high: CN¥1.91 The company is up 4.0% from its price of CN¥1.83 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 3.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥1.51 The company is down 26% from its price of CN¥2.05 on 16 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 14% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥1.63 The company is down 16% from its price of CN¥1.95 on 18 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 18% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.41b, with losses narrowing by 56% from the prior year. Total revenue was CN¥660.8m over the last 12 months, down 77% from the prior year. Is New 90 Day High Low • Oct 27
New 90-day low: CN¥1.81 The company is down 6.0% from its price of CN¥1.92 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 14% over the same period.