공고 • Jun 30
Hicon Network Technology (Shandong) Co.,Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 New Risk • Jun 19
New major risk - Revenue and earnings growth Earnings have declined by 1.4% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Earnings have declined by 1.4% per year over the past 5 years. High level of non-cash earnings (64% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 11x cash flows per share). 공고 • May 30
Hicon Network Technology (Shandong) Co., Ltd. Proposes Cash Dividend for 2025 Hicon Network Technology (Shandong) Co. Ltd. at its 2025 Annual General Meeting to be held on 17 June 2026 proposed Cash dividend/10 shares for 2025 (tax included): CNY 0.50000000. 공고 • May 27
Hicon Network Technology (Shandong) Co.,Ltd., Annual General Meeting, Jun 17, 2026 Hicon Network Technology (Shandong) Co.,Ltd., Annual General Meeting, Jun 17, 2026, at 15:00 China Standard Time. Location: Building 5, No. 9777, Jingshi Road, Lixia District, Jinan, Shandong China Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Deputy GM & Non-Independent Director Ru Xiang Zhao was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • Mar 31
Hicon Network Technology (Shandong) Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 공고 • Feb 03
Hicon Network Technology (Shandong) Co.,Ltd. Approves Election of Zhao Ruxiang, Non-Independent Director Hicon Network Technology (Shandong) Co.,Ltd. in its 1st Extraordinary General Meeting of 2026 on 30 January 2026 approved the election of Zhao Ruxiang, non-independent director. 공고 • Dec 31
Hicon Network Technology (Shandong) Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 공고 • Sep 30
Hicon Network Technology (Shandong) Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 공고 • Jul 02
Hicon Network Technology (Shandong) Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 공고 • Jun 20
Hicon Network Technology (Shandong) Co.,Ltd. Approves Final Cash Dividend for the Year 2024 Hicon Network Technology (Shandong) Co.,Ltd. announced that at the 2024 Annual General Meeting held on 18 June 2025, approved final cash dividend of CNY 0.50 per 10 shares (tax included) for the year 2024. 공고 • May 28
Hicon Network Technology (Shandong) Co.,Ltd., Annual General Meeting, Jun 18, 2025 Hicon Network Technology (Shandong) Co.,Ltd., Annual General Meeting, Jun 18, 2025, at 15:00 China Standard Time. Location: Building 5, No. 9777, Jingshi Road, Lixia District, Jinan, Shandong China 공고 • Apr 25
Hicon Network Technology (Shandong) Co.,Ltd. Proposes Final Dividend for the Year 2024 Hicon Network Technology (Shandong) Co.,Ltd. proposed final dividend of CNY 0.50 per 10 shares (tax included) for the year 2024. 공고 • Mar 31
Hicon Network Technology (Shandong) Co.,Ltd. to Report Q1, 2025 Results on Apr 23, 2025 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 공고 • Jan 10
Hicon Network Technology (Shandong) Co.,Ltd Approves the Cash Dividend for the Third Quarter for 2024, Payable on 16 January 2025 Hicon Network Technology (Shandong) Co.,Ltd. at its Extraordinary General Meeting of 2025 held on 07 January 2025, approved the cash dividend of CNY 3.50 per 10 shares for the third quarter for 2024. Record date: 15 January 2025, Ex-date: 16 January 2025 and Payment date: 16 January 2025. 공고 • Dec 31
Hicon Network Technology (Shandong) Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 공고 • Dec 26
Hicon Network Technology (Shandong) Co.,Ltd. Proposes Cash Dividend for the Third Quarter for 2024 Hicon Network Technology (Shandong) Co.,Ltd. proposed cash dividend of CNY 3.50 per 10 shares for the third quarter for 2024. Buy Or Sell Opportunity • Nov 05
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to CN¥25.98. The fair value is estimated to be CN¥21.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 3.9%. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.21 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.21 in 3Q 2023). Revenue: CN¥254.5m (up 9.8% from 3Q 2023). Net income: CN¥107.3m (up 19% from 3Q 2023). Profit margin: 42% (up from 39% in 3Q 2023). The increase in margin was driven by higher revenue. 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¥25.35, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 56x in the Interactive Media and Services industry in China. Negligible returns to shareholders over past year. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥23.93, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 63x in the Interactive Media and Services industry in China. Total loss to shareholders of 11% over the past year. Buy Or Sell Opportunity • Sep 26
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at CN¥22.75. The fair value is estimated to be CN¥18.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. 공고 • Aug 29
Hicon Network Technology (Shandong) Co.,Ltd. Proposes Interim Dividend for the First Half of 2024 Hicon Network Technology (Shandong) Co.,Ltd. proposed interim dividend of CNY 0.96000000 per 10 shares for the first half of 2024. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.23 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.27 (up from CN¥0.23 in 2Q 2023). Revenue: CN¥244.7m (up 2.0% from 2Q 2023). Net income: CN¥112.9m (up 28% from 2Q 2023). Profit margin: 46% (up from 37% in 2Q 2023). The increase in margin was primarily driven by lower expenses. 공고 • Jul 27
Hicon Network Technology (Shandong) Co.,Ltd. Announces 2023 Final Profit Distribution Plan on A Shares, Payable on August 02, 2024 Hicon Network Technology (Shandong) Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.920. Record date: 01 August 2024. Ex-date: 02 August 2024. Payment date: 02 August 2024. 공고 • Jun 29
Hicon Network Technology (Shandong) Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.26 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.26 (in line with 1Q 2023). Revenue: CN¥243.4m (up 1.0% from 1Q 2023). Net income: CN¥109.0m (up 12% from 1Q 2023). Profit margin: 45% (up from 41% in 1Q 2023). Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Interactive Media and Services industry in Asia. 공고 • Apr 27
Hicon Network Technology (Shandong) Co.,Ltd. Proposes Final Cash Dividend for the Year 2023 Hicon Network Technology (Shandong) Co.,Ltd. proposed final cash dividend of CNY 1.92000000 per ten shares (tax included) for the year 2023. 공고 • Mar 30
Hicon Network Technology (Shandong) Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥32.98, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 31x in the Interactive Media and Services industry in China. Buy Or Sell Opportunity • Mar 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 4.7% to CN¥32.98. The fair value is estimated to be CN¥27.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥28.67, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the Interactive Media and Services industry in China. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥21.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 25x in the Interactive Media and Services industry in China. 공고 • Dec 30
Hicon Network Technology (Shandong) Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to CN¥42.79, the stock trades at a trailing P/E ratio of 45.3x. Average trailing P/E is 50x in the Interactive Media and Services industry in China. New Risk • Nov 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.8% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risk Dividend is not well covered by cash flows (187% cash payout ratio). Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥30.20, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 44x in the Interactive Media and Services industry in China. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.28 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.21 (down from CN¥0.28 in 3Q 2022). Revenue: CN¥231.8m (down 9.8% from 3Q 2022). Net income: CN¥89.9m (down 13% from 3Q 2022). Profit margin: 39% (down from 40% in 3Q 2022). The decrease in margin was driven by lower revenue. 공고 • Oct 25
Hicon Network Technology (Shandong) Co.,Ltd. Announces Interim Profit Distribution Plan to Be Implemented (A Shares) for 2023, Payable on 31 October 2023 Hicon Network Technology (Shandong) Co.,Ltd. announced 2023 interim profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 8.50000000. Record date: 30 October 2023, Ex-date: 31 October 2023, Payment date: 31 October 2023. 공고 • Sep 30
Hicon Network Technology (Shandong) Co.,Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Hicon Network Technology (Shandong) Co.,Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 공고 • Sep 19
Hicon Network Technology (Shandong) Co.,Ltd. Approves 2023 Interim Profit Distribution Plan Hicon Network Technology (Shandong) Co.,Ltd. approved 2023 interim profit distribution plan at the Extraordinary General Meeting held on 15 September 2023. The company approved Cash dividend/10 shares (tax included) of CNY 8.50000000. 공고 • Sep 01
Hicon Network Technology (Shandong) Co.,Ltd. Proposes Cash Dividend for First Half of 2023 Hicon Network Technology (Shandong) Co.,Ltd. announced profit distribution proposal for the first half of 2023 as Cash dividend/10 shares (tax included): CNY 8.50000000.