Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Xiaojun Fang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 17
37 Interactive Entertainment Network Technology Group Co., Ltd., Annual General Meeting, May 13, 2026 37 Interactive Entertainment Network Technology Group Co., Ltd., Annual General Meeting, May 13, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China 공시 • Mar 31
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 공시 • Dec 31
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 공시 • Sep 30
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 공시 • Jul 02
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 공시 • Apr 22
37 Interactive Entertainment Network Technology Group Co., Ltd. Proposes Final Cash Dividend for the Year 2024 37 Interactive Entertainment Network Technology Group Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 3.70000000 for the year 2024. 공시 • Apr 20
37 Interactive Entertainment Network Technology Group Co., Ltd., Annual General Meeting, May 12, 2025 37 Interactive Entertainment Network Technology Group Co., Ltd., Annual General Meeting, May 12, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China 공시 • Mar 31
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 공시 • Dec 31
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.44 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.29 (down from CN¥0.44 in 3Q 2023). Revenue: CN¥4.11b (down 4.1% from 3Q 2023). Net income: CN¥632.8m (down 35% from 3Q 2023). Profit margin: 15% (down from 23% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥16.14, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 23x in the Entertainment industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.04 per share. 공시 • Sep 30
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥16.27, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Entertainment industry in China. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.07 per share. 공시 • Aug 30
37 Interactive Entertainment Network Technology Group Co., Ltd. Announces Interim Profit Distribution (A Shares) for 2024, Payable on 04 September 2024 37 Interactive Entertainment Network Technology Group Co., Ltd. announced 2024 interim profit distribution plan to be implemented (A shares) of Cash dividend per 10 shares (tax included) of CNY 2.10000000. Record date: 03 September 2024; Ex-date: 04 September 2024; Payment date: 04 September 2024. New Risk • Aug 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (125% cash payout ratio). Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.20 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.20 in 2Q 2023). Revenue: CN¥4.48b (up 12% from 2Q 2023). Net income: CN¥648.5m (up 44% from 2Q 2023). Profit margin: 14% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. 공시 • Jun 29
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Declared Dividend • May 22
Dividend of CN¥0.21 announced Shareholders will receive a dividend of CN¥0.21. Ex-date: 24th May 2024 Payment date: 24th May 2024 Dividend yield will be 6.4%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Declared Dividend • May 16
Dividend reduced to CN¥0.37 Dividend of CN¥0.37 is 18% lower than last year. Ex-date: 21st May 2024 Payment date: 21st May 2024 Dividend yield will be 4.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • May 15
37 Interactive Entertainment Network Technology Group Co., Ltd. Implements Final Dividend for 2023, Payable on 21 May 2024 37 Interactive Entertainment Network Technology Group Co., Ltd. implemented final cash dividend of CNY 3.70000000 per 10 shares (tax included) for 2023. Record date: 20 May 2024. Ex-date: 21 May 2024. Payment date: 21 May 2024. Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥1.20 (vs CN¥1.34 in FY 2022) Full year 2023 results: EPS: CN¥1.20 (down from CN¥1.34 in FY 2022). Revenue: CN¥16.5b (flat on FY 2022). Net income: CN¥2.66b (down 10.0% from FY 2022). Profit margin: 16% (down from 18% in FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. 공시 • Mar 30
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 공시 • Dec 30
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥18.96, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Entertainment industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.03 per share. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥23.76, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Entertainment industry in China. Total loss to shareholders of 12% over the past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.44 (vs CN¥0.25 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.44 (up from CN¥0.25 in 3Q 2022). Revenue: CN¥4.28b (up 19% from 3Q 2022). Net income: CN¥966.2m (up 72% from 3Q 2022). Profit margin: 23% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. 공시 • Sep 30
37 Interactive Entertainment Network Technology Group Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 37 Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 공시 • Sep 22
37 Interactive Entertainment Network Technology Group Co., Ltd. Announces Interim Dividend for A Shares for the Year 2023, Payable on 28 September 2023 37 Interactive Entertainment Network Technology Group Co., Ltd. announced interim Cash dividend/10 shares (tax included): CNY 4.50000000 for A shares for the year 2023. Record date is 27 September 2023. Ex-date is 28 September 2023. Payment date is 28 September 2023. 공시 • Sep 20
37 Interactive Entertainment Network Technology Group Co., Ltd. Approves Interim Cash Dividend 37 Interactive Entertainment Network Technology Group Co., Ltd. at its AGM held on September 18, 2023 approved the interim profit distribution of Cash dividend/10 shares (tax included): CNY 4.50000000. 공시 • Sep 01
37 Interactive Entertainment Network Technology Group Co., Ltd. Interim Dividend or the first half of 2023 as follows 37 Interactive Entertainment Network Technology Group Co., Ltd. announced on 31 August 2023 the profit distribution proposal for the first half of 2023 as follows: Cash dividend/10 shares (tax included): CNY 4.50000000. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.42 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.20 (down from CN¥0.42 in 2Q 2022). Revenue: CN¥4.00b (flat on 2Q 2022). Net income: CN¥451.5m (down 52% from 2Q 2022). Profit margin: 11% (down from 23% in 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥32.64, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Entertainment industry in China. Total returns to shareholders of 5.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.18 per share. 공시 • May 30
37 Interactive Entertainment Network Technology Group Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 02 June 2023 37 Interactive Entertainment Network Technology Group Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 4.50000000 for the year 2022, payable on 02 June 2023. Record date is 01 June 2023. Ex-date is 02 June 2023. Valuation Update With 7 Day Price Move • May 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥28.50, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 24x in the Entertainment industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.33 per share. Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: CN¥1.34 (vs CN¥1.31 in FY 2021) Full year 2022 results: EPS: CN¥1.34 (up from CN¥1.31 in FY 2021). Revenue: CN¥16.4b (up 1.2% from FY 2021). Net income: CN¥2.95b (up 2.7% from FY 2021). Profit margin: 18% (in line with FY 2021). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥30.98, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 27x in the Entertainment industry in China. Total loss to shareholders of 5.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.00 per share. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥25.25, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Entertainment industry in China. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.11 per share. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥18.54, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Entertainment industry in China. Total loss to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.75 per share. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Feng Tao was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.42 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.25 (down from CN¥0.42 in 3Q 2021). Revenue: CN¥3.59b (down 22% from 3Q 2021). Net income: CN¥561.6m (down 35% from 3Q 2021). Profit margin: 16% (down from 19% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.36 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.42 (up from CN¥0.36 in 2Q 2021). Revenue: CN¥4.00b (up 7.6% from 2Q 2021). Net income: CN¥935.2m (up 27% from 2Q 2021). Profit margin: 23% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 21%, compared to a 30% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. 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. 5 experienced directors. No highly experienced directors. Supervisor Feng Yong Liu 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. Buying Opportunity • Apr 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥30.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 48% in 2 years. Earnings is forecast to grow by 67% in the next 2 years. Board Change • Apr 02
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. 5 experienced directors. No highly experienced directors. Supervisor Feng Yong Liu 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. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥22.57, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Entertainment industry in China. Total returns to shareholders of 77% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.09 per share. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥21.51, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Entertainment industry in China. Total returns to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.27 per share. Buying Opportunity • Feb 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.1%. The fair value is estimated to be CN¥32.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years. Buying Opportunity • Jan 28
Now 24% undervalued Over the last 90 days, the stock is up 6.3%. The fair value is estimated to be CN¥33.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.27 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥4.57b (up 39% from 3Q 2020). Net income: CN¥867.5m (up 55% from 3Q 2020). Profit margin: 19% (up from 17% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year and the company’s share price has also increased by 23% per year. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥20.75, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Entertainment industry in China. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥27.40 per share. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS CN¥0.36 (vs CN¥0.45 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¥3.72b (up 2.1% from 2Q 2020). Net income: CN¥736.9m (down 24% from 2Q 2020). Profit margin: 20% (down from 27% 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 only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥18.62, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Entertainment industry in China. Total returns to shareholders of 77% over the past three years. Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥0.05 (vs CN¥0.35 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥3.82b (down 12% from 1Q 2020). Net income: CN¥116.8m (down 84% from 1Q 2020). Profit margin: 3.1% (down from 17% in 1Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 16
New 90-day low: CN¥26.31 The company is down 8.0% from a price of CN¥28.47 on 16 December 2020. Underperformed the Chinese market, which is down 2.0% over the last 90 days. Exceeded the Entertainment industry, which is down 10.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at CN¥41.87 per share. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥26.31, the stock trades at a trailing P/E ratio of 19.8x, down from the previous P/E ratio of 23.6x. Average P/E is 31x in the Entertainment industry in China. Total returns to shareholders over the past three years are 43%. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥31.23, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 19.9x. This compares to an average P/E of 34x in the Entertainment industry in China. Total returns to shareholders over the past three years are 67%. Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 16% share price gain to CN¥28.98, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 18.8x. This compares to an average P/E of 36x in the Entertainment industry in China. Total returns to shareholders over the past three years are 51%. Is New 90 Day High Low • Nov 18
New 90-day low: CN¥26.40 The company is down 36% from its price of CN¥41.47 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥38.78 per share. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.27 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: CN¥3.30b (down 5.4% from 3Q 2019). Net income: CN¥560.5m (up 7.2% from 3Q 2019). Profit margin: 17% (up from 15% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Nov 03
Revenue misses expectations Revenue missed analyst estimates by 19%. Over the next year, revenue is forecast to grow 27%, compared to a 52% growth forecast for the Entertainment industry in China. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥30.01 The company is down 34% from its price of CN¥45.60 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 Entertainment industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥84.69 per share. 공시 • Oct 28
Wuhu 37 Interactive Entertainment Network Technology Group Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Wuhu 37 Interactive Entertainment Network Technology Group Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Valuation Update With 7 Day Price Move • Oct 23
Market pulls back on stock over the past week After last week's 15% share price decline to CN¥30.13, the stock is trading at a trailing P/E ratio of 23x, down from the previous P/E ratio of 27.2x. This compares to an average P/E of 41x in the Entertainment industry in China. Total returns to shareholders over the past three years are 34%. Is New 90 Day High Low • Oct 12
New 90-day low: CN¥37.58 The company is down 24% from its price of CN¥49.40 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥84.84 per share. 공시 • Aug 14
Wuhu Sanqi Interactive Entertainment Network Technology Group Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Wuhu Sanqi Interactive Entertainment Network Technology Group Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020