View Future GrowthGlobal Top E-Commerce 과거 순이익 실적과거 기준 점검 0/6Global Top E-Commerce은 연평균 25.9%의 비율로 수입이 증가해 온 반면, Multiline Retail 산업은 연평균 7.7%의 비율로 감소했습니다. 매출은 연평균 17.5%의 비율로 감소했습니다.핵심 정보25.89%순이익 성장률25.79%주당순이익(EPS) 성장률Multiline Retail 산업 성장률-6.68%매출 성장률-17.50%자기자본이익률-40.51%순이익률-4.68%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트공시 • Mar 31+ 1 more updateGlobal Top E-Commerce Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Global Top E-Commerce Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026공시 • Dec 31Global Top E-Commerce Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Global Top E-Commerce Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026공시 • Sep 30Global Top E-Commerce Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Global Top E-Commerce Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025공시 • Jul 02Global Top E-Commerce Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Global Top E-Commerce Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025공시 • Mar 31Global Top E-Commerce Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Global Top E-Commerce Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025공시 • Dec 31Global Top E-Commerce Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Global Top E-Commerce Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025모든 업데이트 보기Recent updatesBoard Change • May 20Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Bo Yang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Mar 31+ 1 more updateGlobal Top E-Commerce Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Global Top E-Commerce Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026공시 • Dec 31Global Top E-Commerce Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Global Top E-Commerce Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026공시 • Sep 30Global Top E-Commerce Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Global Top E-Commerce Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025공시 • Jul 02Global Top E-Commerce Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Global Top E-Commerce Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025공시 • Mar 31Global Top E-Commerce Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Global Top E-Commerce Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025공시 • Mar 29Global Top E-Commerce Co., Ltd., Annual General Meeting, Apr 21, 2025Global Top E-Commerce Co., Ltd., Annual General Meeting, Apr 21, 2025, at 14:30 China Standard Time. Location: 28F, No. 3, No. 51, Binhe West Road, Wanbolin District, Taiyuan, Shanxi China공시 • Dec 31Global Top E-Commerce Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Global Top E-Commerce Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.004 loss per share (vs CN¥0.013 loss in 3Q 2023)Third quarter 2024 results: CN¥0.004 loss per share (improved from CN¥0.013 loss in 3Q 2023). Revenue: CN¥1.28b (down 17% from 3Q 2023). Net loss: CN¥6.38m (loss narrowed 69% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공시 • Sep 30Global Top E-Commerce Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Global Top E-Commerce Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.003 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.004 (up from CN¥0.003 in 2Q 2023). Revenue: CN¥1.64b (down 13% from 2Q 2023). Net income: CN¥6.02m (up 22% from 2Q 2023). Profit margin: 0.4% (up from 0.3% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.New Risk • Jul 09New 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 Chinese stocks, typically moving 10.0% 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.공시 • Jun 29Global Top E-Commerce Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Global Top E-Commerce Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024New Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% 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.Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.011 loss per share (vs CN¥0.001 profit in 1Q 2023)First quarter 2024 results: CN¥0.011 loss per share (down from CN¥0.001 profit in 1Q 2023). Revenue: CN¥1.28b (down 20% from 1Q 2023). Net loss: CN¥17.4m (down CN¥18.6m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 01Full year 2023 earnings released: CN¥0.006 loss per share (vs CN¥0.012 profit in FY 2022)Full year 2023 results: CN¥0.006 loss per share (down from CN¥0.012 profit in FY 2022). Revenue: CN¥6.62b (down 8.8% from FY 2022). Net loss: CN¥9.69m (down 154% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.공시 • Mar 30+ 1 more updateGlobal Top E-Commerce Co., Ltd., Annual General Meeting, Apr 19, 2024Global Top E-Commerce Co., Ltd., Annual General Meeting, Apr 19, 2024, at 14:30 China Standard Time. Location: 28F, No. 3, No. 51, Binhe West Road, Wanbolin District, Taiyuan, Shanxi ChinaBuy Or Sell Opportunity • Jan 25Now 21% overvaluedOver the last 90 days, the stock has fallen 22% to CN¥3.25. The fair value is estimated to be CN¥2.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 35% over the last 3 years. Meanwhile, the company became loss making.공시 • Dec 30Global Top E-Commerce Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024Global Top E-Commerce Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.013 loss per share (vs CN¥0.001 profit in 3Q 2022)Third quarter 2023 results: CN¥0.013 loss per share (down from CN¥0.001 profit in 3Q 2022). Revenue: CN¥1.55b (down 10.0% from 3Q 2022). Net loss: CN¥20.8m (down CN¥22.8m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.003 (vs CN¥0.009 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.003 (down from CN¥0.009 in 2Q 2022). Revenue: CN¥1.89b (down 1.8% from 2Q 2022). Net income: CN¥4.96m (down 73% from 2Q 2022). Profit margin: 0.3% (down from 1.0% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.001 (vs CN¥0.01 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.001 (up from CN¥0.01 loss in 1Q 2022). Revenue: CN¥1.59b (up 8.2% from 1Q 2022). Net income: CN¥1.23m (up CN¥11.4m from 1Q 2022). Profit margin: 0.1% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥5.32, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 24x in the Online Retail industry in China. Total loss to shareholders of 34% over the past three years.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥4.64, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 28x in the Online Retail industry in China. Total loss to shareholders of 33% over the past three years.Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Director Tingying Zheng is the most experienced director on the board, commencing their role in 2019. Independent Director Bo Yang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.042 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.001 (up from CN¥0.042 loss in 3Q 2021). Revenue: CN¥1.72b (down 11% from 3Q 2021). Net income: CN¥2.03m (up CN¥66.5m from 3Q 2021). Profit margin: 0.1% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥3.98, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 25x in the Online Retail industry in China. Total loss to shareholders of 44% over the past three years.Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.34 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.009 (down from CN¥0.34 in 2Q 2021). Revenue: CN¥1.93b (down 23% from 2Q 2021). Net income: CN¥18.4m (down 96% from 2Q 2021). Profit margin: 1.0% (down from 21% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.Reported Earnings • May 02First quarter 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.03 profit in 1Q 2021)First quarter 2022 results: CN¥0.01 loss per share (down from CN¥0.03 profit in 1Q 2021). Revenue: CN¥1.47b (down 53% from 1Q 2021). Net loss: CN¥10.2m (down 121% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.Board Change • Apr 27High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Non Independent Director Tingying Zheng is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Jan 02High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Non Independent Director Tingying Zheng is the most experienced director on the board, commencing their role in 2019. 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 31Third quarter 2021 earnings released: CN¥0.042 loss per share (vs CN¥0.07 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥1.93b (down 50% from 3Q 2020). Net loss: CN¥64.4m (down 164% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance.Board Change • Sep 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Jianhui Fang was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS CN¥0.34 (vs CN¥0.09 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥2.49b (down 46% from 2Q 2020). Net income: CN¥513.4m (up 267% from 2Q 2020). Profit margin: 21% (up from 3.1% in 2Q 2020). 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.Reported Earnings • May 02Full year 2020 earnings released: CN¥2.17 loss per share (vs CN¥1.74 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥17.0b (down 4.8% from FY 2019). Net loss: CN¥3.37b (loss widened 25% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Jan 29New 90-day low: CN¥4.20The company is down 26% from its price of CN¥5.69 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 19% over the same period.Is New 90 Day High Low • Jan 07New 90-day low: CN¥4.74The company is down 25% from its price of CN¥6.36 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 11% over the same period.Is New 90 Day High Low • Dec 14New 90-day low: CN¥5.61The company is down 15% from its price of CN¥6.63 on 16 September 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 11% over the same period.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥3.04b, with earnings decreasing by CN¥3.50b from the prior year. Total revenue was CN¥16.9b over the last 12 months, down 14% from the prior year.Is New 90 Day High Low • Oct 27New 90-day low: CN¥6.08The company is down 25% from its price of CN¥8.07 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 4.0% over the same period.Is New 90 Day High Low • Sep 28New 90-day low: CN¥6.16The company is down 5.0% from its price of CN¥6.49 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is down 12% over the same period.매출 및 비용 세부 내역Global Top E-Commerce가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이XSEC:002640 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Mar 265,474-256472031 Dec 255,437-417468030 Sep 255,539-478454030 Jun 255,431-473429031 Mar 255,696-465466031 Dec 245,719-479492030 Sep 245,789-13472030 Jun 246,055-27559031 Mar 246,306-28586031 Dec 236,616-10590030 Sep 237,170-7718030 Jun 237,34116669031 Mar 237,37529640001 Jan 237,25418663030 Sep 226,897187236030 Jun 226,918121410031 Mar 227,292616984431 Dec 218,8186731,5581330 Sep 2110,476-1,9352,7852030 Jun 2112,630-1,7703,8054931 Mar 2114,919-2,1444,6946931 Dec 2016,424-2,0605,2249030 Sep 2016,881-3,0395,62210930 Jun 2017,991-2,8975,89010331 Mar 2017,648-2,7995,5638031 Dec 1917,874-2,7085,9548130 Sep 1919,7164986,8463330 Jun 1920,6295766,9625231 Mar 1921,6355837,2088131 Dec 1821,5346237,1876330 Sep 1821,0681,0847,07411130 Jun 1818,3219436,6048931 Mar 1815,9898556,2225831 Dec 1714,0187515,6574530 Sep 1711,7526164,7302030 Jun 1710,6705504,281031 Mar 179,4294663,881031 Dec 168,5373943,573030 Sep 167,3663173,190030 Jun 166,1972512,907031 Mar 165,1432282,461031 Dec 153,9611681,996030 Sep 152,6751421,381030 Jun 151,847988980양질의 수익: 002640 은(는) 현재 수익성이 없습니다.이익 마진 증가: 002640는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 002640는 수익성이 없지만 지난 5년 동안 연평균 25.9%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 002640의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 002640은 수익성이 없어 지난 해 수익 성장률을 Multiline Retail 업계(8.8%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 002640는 현재 수익성이 없으므로 자본 수익률이 음수(-40.51%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YRetail 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/01 09:52종가2026/05/29 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Global Top E-Commerce Co., Ltd.는 5명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xinghai JuCitic Securities Co., Ltd.Jie LiEverbright Securities Co. Ltd.Yuebo LiIndustrial Securities Co. Ltd.2명의 분석가 더 보기
공시 • Mar 31+ 1 more updateGlobal Top E-Commerce Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Global Top E-Commerce Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
공시 • Dec 31Global Top E-Commerce Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Global Top E-Commerce Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
공시 • Sep 30Global Top E-Commerce Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Global Top E-Commerce Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
공시 • Jul 02Global Top E-Commerce Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Global Top E-Commerce Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
공시 • Mar 31Global Top E-Commerce Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Global Top E-Commerce Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
공시 • Dec 31Global Top E-Commerce Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Global Top E-Commerce Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025
Board Change • May 20Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Bo Yang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Mar 31+ 1 more updateGlobal Top E-Commerce Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Global Top E-Commerce Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
공시 • Dec 31Global Top E-Commerce Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Global Top E-Commerce Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
공시 • Sep 30Global Top E-Commerce Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Global Top E-Commerce Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
공시 • Jul 02Global Top E-Commerce Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Global Top E-Commerce Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
공시 • Mar 31Global Top E-Commerce Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Global Top E-Commerce Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
공시 • Mar 29Global Top E-Commerce Co., Ltd., Annual General Meeting, Apr 21, 2025Global Top E-Commerce Co., Ltd., Annual General Meeting, Apr 21, 2025, at 14:30 China Standard Time. Location: 28F, No. 3, No. 51, Binhe West Road, Wanbolin District, Taiyuan, Shanxi China
공시 • Dec 31Global Top E-Commerce Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Global Top E-Commerce Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.004 loss per share (vs CN¥0.013 loss in 3Q 2023)Third quarter 2024 results: CN¥0.004 loss per share (improved from CN¥0.013 loss in 3Q 2023). Revenue: CN¥1.28b (down 17% from 3Q 2023). Net loss: CN¥6.38m (loss narrowed 69% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공시 • Sep 30Global Top E-Commerce Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Global Top E-Commerce Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.003 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.004 (up from CN¥0.003 in 2Q 2023). Revenue: CN¥1.64b (down 13% from 2Q 2023). Net income: CN¥6.02m (up 22% from 2Q 2023). Profit margin: 0.4% (up from 0.3% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
New Risk • Jul 09New 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 Chinese stocks, typically moving 10.0% 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.
공시 • Jun 29Global Top E-Commerce Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Global Top E-Commerce Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
New Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% 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.
Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.011 loss per share (vs CN¥0.001 profit in 1Q 2023)First quarter 2024 results: CN¥0.011 loss per share (down from CN¥0.001 profit in 1Q 2023). Revenue: CN¥1.28b (down 20% from 1Q 2023). Net loss: CN¥17.4m (down CN¥18.6m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 01Full year 2023 earnings released: CN¥0.006 loss per share (vs CN¥0.012 profit in FY 2022)Full year 2023 results: CN¥0.006 loss per share (down from CN¥0.012 profit in FY 2022). Revenue: CN¥6.62b (down 8.8% from FY 2022). Net loss: CN¥9.69m (down 154% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
공시 • Mar 30+ 1 more updateGlobal Top E-Commerce Co., Ltd., Annual General Meeting, Apr 19, 2024Global Top E-Commerce Co., Ltd., Annual General Meeting, Apr 19, 2024, at 14:30 China Standard Time. Location: 28F, No. 3, No. 51, Binhe West Road, Wanbolin District, Taiyuan, Shanxi China
Buy Or Sell Opportunity • Jan 25Now 21% overvaluedOver the last 90 days, the stock has fallen 22% to CN¥3.25. The fair value is estimated to be CN¥2.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 35% over the last 3 years. Meanwhile, the company became loss making.
공시 • Dec 30Global Top E-Commerce Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024Global Top E-Commerce Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.013 loss per share (vs CN¥0.001 profit in 3Q 2022)Third quarter 2023 results: CN¥0.013 loss per share (down from CN¥0.001 profit in 3Q 2022). Revenue: CN¥1.55b (down 10.0% from 3Q 2022). Net loss: CN¥20.8m (down CN¥22.8m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.003 (vs CN¥0.009 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.003 (down from CN¥0.009 in 2Q 2022). Revenue: CN¥1.89b (down 1.8% from 2Q 2022). Net income: CN¥4.96m (down 73% from 2Q 2022). Profit margin: 0.3% (down from 1.0% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.001 (vs CN¥0.01 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.001 (up from CN¥0.01 loss in 1Q 2022). Revenue: CN¥1.59b (up 8.2% from 1Q 2022). Net income: CN¥1.23m (up CN¥11.4m from 1Q 2022). Profit margin: 0.1% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥5.32, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 24x in the Online Retail industry in China. Total loss to shareholders of 34% over the past three years.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥4.64, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 28x in the Online Retail industry in China. Total loss to shareholders of 33% over the past three years.
Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Director Tingying Zheng is the most experienced director on the board, commencing their role in 2019. Independent Director Bo Yang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.042 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.001 (up from CN¥0.042 loss in 3Q 2021). Revenue: CN¥1.72b (down 11% from 3Q 2021). Net income: CN¥2.03m (up CN¥66.5m from 3Q 2021). Profit margin: 0.1% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥3.98, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 25x in the Online Retail industry in China. Total loss to shareholders of 44% over the past three years.
Reported Earnings • Sep 03Second quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.34 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.009 (down from CN¥0.34 in 2Q 2021). Revenue: CN¥1.93b (down 23% from 2Q 2021). Net income: CN¥18.4m (down 96% from 2Q 2021). Profit margin: 1.0% (down from 21% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
Reported Earnings • May 02First quarter 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.03 profit in 1Q 2021)First quarter 2022 results: CN¥0.01 loss per share (down from CN¥0.03 profit in 1Q 2021). Revenue: CN¥1.47b (down 53% from 1Q 2021). Net loss: CN¥10.2m (down 121% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
Board Change • Apr 27High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Non Independent Director Tingying Zheng is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Jan 02High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Non Independent Director Tingying Zheng is the most experienced director on the board, commencing their role in 2019. 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 31Third quarter 2021 earnings released: CN¥0.042 loss per share (vs CN¥0.07 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥1.93b (down 50% from 3Q 2020). Net loss: CN¥64.4m (down 164% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance.
Board Change • Sep 27High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Jianhui Fang was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS CN¥0.34 (vs CN¥0.09 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥2.49b (down 46% from 2Q 2020). Net income: CN¥513.4m (up 267% from 2Q 2020). Profit margin: 21% (up from 3.1% in 2Q 2020). 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.
Reported Earnings • May 02Full year 2020 earnings released: CN¥2.17 loss per share (vs CN¥1.74 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥17.0b (down 4.8% from FY 2019). Net loss: CN¥3.37b (loss widened 25% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Jan 29New 90-day low: CN¥4.20The company is down 26% from its price of CN¥5.69 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 19% over the same period.
Is New 90 Day High Low • Jan 07New 90-day low: CN¥4.74The company is down 25% from its price of CN¥6.36 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 11% over the same period.
Is New 90 Day High Low • Dec 14New 90-day low: CN¥5.61The company is down 15% from its price of CN¥6.63 on 16 September 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 11% over the same period.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥3.04b, with earnings decreasing by CN¥3.50b from the prior year. Total revenue was CN¥16.9b over the last 12 months, down 14% from the prior year.
Is New 90 Day High Low • Oct 27New 90-day low: CN¥6.08The company is down 25% from its price of CN¥8.07 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Sep 28New 90-day low: CN¥6.16The company is down 5.0% from its price of CN¥6.49 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is down 12% over the same period.