Linewell Software (603636) 주식 개요는 중국에서 소프트웨어 개발 및 시스템 통합 서비스를 제공하는 회사입니다. 자세히 보기603636 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성3/6배당0/6위험 분석지난 5년간 매년 수익이 72.9% 감소했습니다.부채비율이 높네요모든 위험 점검 보기603636 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥10.80677.0% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-462m2b2016201920222025202620282031Revenue CN¥354.1mEarnings CN¥42.7mAdvancedSet Fair ValueView all narrativesLinewell Software Co., Ltd. 경쟁사Beijing E-Hualu Information TechnologySymbol: SZSE:300212Market cap: CN¥5.9bQiming Information TechnologyLtdSymbol: SZSE:002232Market cap: CN¥7.1bMontnets Cloud Technology GroupSymbol: SZSE:002123Market cap: CN¥7.8bBeijing Huaru TechnologySymbol: SZSE:301302Market cap: CN¥4.4b가격 이력 및 성과Linewell Software 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CN¥10.8052주 최고가CN¥15.0252주 최저가CN¥8.71베타0.381개월 변동20.67%3개월 변동-3.66%1년 변동-8.24%3년 변동-25.41%5년 변동11.11%IPO 이후 변동100.65%최근 뉴스 및 업데이트공시 • Apr 30Linewell Software Co., Ltd., Annual General Meeting, May 20, 2026Linewell Software Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Quanzhou, Fujian China공시 • Mar 30Linewell Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Linewell Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026공시 • Dec 26Linewell Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Linewell Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.05 loss per share (vs CN¥0.079 loss in 3Q 2024)Third quarter 2025 results: CN¥0.05 loss per share (improved from CN¥0.079 loss in 3Q 2024). Revenue: CN¥290.1m (up 113% from 3Q 2024). Net loss: CN¥28.6m (loss narrowed 39% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.공시 • Sep 30Linewell Software Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Linewell Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025공시 • Jun 30Linewell Software Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Linewell Software Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025더 많은 업데이트 보기Recent updates공시 • Apr 30Linewell Software Co., Ltd., Annual General Meeting, May 20, 2026Linewell Software Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Quanzhou, Fujian China공시 • Mar 30Linewell Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Linewell Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026공시 • Dec 26Linewell Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Linewell Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.05 loss per share (vs CN¥0.079 loss in 3Q 2024)Third quarter 2025 results: CN¥0.05 loss per share (improved from CN¥0.079 loss in 3Q 2024). Revenue: CN¥290.1m (up 113% from 3Q 2024). Net loss: CN¥28.6m (loss narrowed 39% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.공시 • Sep 30Linewell Software Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Linewell Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025공시 • Jun 30Linewell Software Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Linewell Software Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025공시 • Apr 26Linewell Software Co., Ltd., Annual General Meeting, May 16, 2025Linewell Software Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Quanzhou, Fujian China공시 • Mar 28Linewell Software Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Linewell Software Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025분석 기사 • Mar 26Here's Why Linewell Software (SHSE:603636) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Feb 17New 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 8.5% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).분석 기사 • Jan 31Linewell Software Co., Ltd.'s (SHSE:603636) Business Is Trailing The Industry But Its Shares Aren'tWith a median price-to-sales (or "P/S") ratio of close to 6.5x in the Software industry in China, you could be forgiven...공시 • Jan 15Tianjin Qizhong Shiyuan Enterprise Management Partnership (Limited Partnership) completed the acquisition of 5.85% stake in Linewell Software Co., Ltd. (SHSE:603636) from Wu Zhixiong.Tianjin Qizhong Shiyuan Enterprise Management Partnership (Limited Partnership) agreed to acquire 5.85% stake in Linewell Software Co., Ltd. (SHSE:603636) from Wu Zhixiong for approximately CNY 370 million on November 28, 2024. Tianjin Qizhong will acquire 33.952 million shares at CNY 10.98 per share. The share transfer needs to be confirmed by the Shanghai Stock Exchange for compliance. Tianjin Qizhong Shiyuan Enterprise Management Partnership (Limited Partnership) completed the acquisition of 5.85% stake in Linewell Software Co., Ltd. (SHSE:603636) from Wu Zhixiong on January 14, 2025.New Risk • Jan 02New major risk - Revenue and earnings growthEarnings have declined by 29% 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 Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 29% per year over the past 5 years.공시 • Dec 27Linewell Software Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Linewell Software Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025분석 기사 • Dec 05Here's Why Linewell Software (SHSE:603636) Can Afford Some DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.079 loss per share (vs CN¥0.063 loss in 3Q 2023)Third quarter 2024 results: CN¥0.079 loss per share (further deteriorated from CN¥0.063 loss in 3Q 2023). Revenue: CN¥136.0m (down 43% from 3Q 2023). Net loss: CN¥46.8m (loss widened 10% from 3Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.분석 기사 • Oct 01Market Might Still Lack Some Conviction On Linewell Software Co., Ltd. (SHSE:603636) Even After 28% Share Price BoostLinewell Software Co., Ltd. ( SHSE:603636 ) shareholders have had their patience rewarded with a 28% share price jump...공시 • Sep 30Linewell Software Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Linewell Software Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Board Change • Jul 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Yong Cui was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Jun 28Linewell Software Co., Ltd. to Report First Half, 2024 Results on Aug 03, 2024Linewell Software Co., Ltd. announced that they will report first half, 2024 results on Aug 03, 2024New Risk • May 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% 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 Risks Earnings have declined by 4.2% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • May 01Linewell Software Co., Ltd., Annual General Meeting, May 24, 2024Linewell Software Co., Ltd., Annual General Meeting, May 24, 2024, at 14:30 China Standard Time. Location: Floor 9M, Building 3, Area 4, No. 186, Nansihuan West Road, Fengtai District, Beijing China분석 기사 • Apr 22Risks Still Elevated At These Prices As Linewell Software Co., Ltd. (SHSE:603636) Shares Dive 29%Linewell Software Co., Ltd. ( SHSE:603636 ) shareholders won't be pleased to see that the share price has had a very...Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥8.15, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 65x in the Software industry in China. Total loss to shareholders of 19% over the past three years.공시 • Mar 29Linewell Software Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Linewell Software Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024분석 기사 • Mar 25Here's Why Linewell Software (SHSE:603636) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Mar 06What Linewell Software Co., Ltd.'s (SHSE:603636) 34% Share Price Gain Is Not Telling YouLinewell Software Co., Ltd. ( SHSE:603636 ) shareholders are no doubt pleased to see that the share price has bounced...분석 기사 • Feb 28Linewell Software (SHSE:603636) Will Want To Turn Around Its Return TrendsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥8.77, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 62x in the Software industry in China. Total loss to shareholders of 2.6% over the past three years.공시 • Dec 29Linewell Software Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Linewell Software Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024New Risk • Dec 21New major risk - Revenue and earnings growthEarnings have declined by 7.9% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 7.9% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results.New Risk • Nov 26New 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 6.2% 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results.Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.063 loss per share (vs CN¥0.018 profit in 3Q 2022)Third quarter 2023 results: CN¥0.063 loss per share (down from CN¥0.018 profit in 3Q 2022). Revenue: CN¥240.2m (down 9.0% from 3Q 2022). Net loss: CN¥42.5m (down CN¥51.5m from profit in 3Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.New Risk • Aug 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% 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 (20% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.공시 • Jun 28Linewell Software Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023Linewell Software Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023Reported Earnings • Apr 24Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.24 (up from CN¥0.23 in FY 2021). Revenue: CN¥1.74b (up 1.4% from FY 2021). Net income: CN¥137.9m (up 1.8% from FY 2021). Profit margin: 7.9% (in line with FY 2021). Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Price Target Changed • Nov 16Price target increased to CN¥19.04Up from CN¥11.40, the current price target is provided by 1 analyst. New target price is 29% above last closing price of CN¥14.74. Stock is up 74% over the past year. The company is forecast to post earnings per share of CN¥0.38 for next year compared to CN¥0.23 last year.Board Change • Nov 16Less 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. 5 non-independent directors. Independent Director Hao Wang was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.018 (vs CN¥0.025 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.018 (up from CN¥0.025 loss in 3Q 2021). Revenue: CN¥263.9m (up 38% from 3Q 2021). Net income: CN¥9.00m (up CN¥23.8m from 3Q 2021). Profit margin: 3.4% (up from net loss in 3Q 2021). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Aug 04Linewell Software Co., Ltd. announced that it expects to receive CNY 1.817435 billion in fundingLinewell Software Co., Ltd. announced a private placement of 176,450,000 common shares at a issue Price CNY 10.30 per share for a gross proceeds of CNY 1,817,435,000 on August 2, 2022. The transaction included participation from CR Digital Holdings Co., Ltd for 176,450,000 Shares. The company has signed share subscription agreement. The transaction has been approved 22nd Meeting of the Company’s 4th Directorate held and is subject to the approvals of the State-owned Assets Management Department, the Company’s Shareholders, the State-owned Assets Supervision and Administration Agency, the Concentration of Operators Anti-Monopoly Review, and the China Securities Regulatory Commission. The shares cannot be transferred within 18 months from the issuance closing date.Reported Earnings • Aug 03Second quarter 2022 earnings released: CN¥0.024 loss per share (vs CN¥0.019 profit in 2Q 2021)Second quarter 2022 results: CN¥0.024 loss per share (down from CN¥0.019 profit in 2Q 2021). Revenue: CN¥218.6m (down 33% from 2Q 2021). Net loss: CN¥16.9m (down 250% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥11.54, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 25x in the Software industry in China. Total returns to shareholders of 22% over the past three years.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥13.70, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 26x in the Software industry in China. Total returns to shareholders of 37% over the past three years.Price Target Changed • May 08Price target decreased to CN¥11.40Down from CN¥15.30, the current price target is provided by 1 analyst. New target price is 19% above last closing price of CN¥9.55. Stock is up 4.5% over the past year. The company is forecast to post earnings per share of CN¥0.38 for next year compared to CN¥0.23 last year.Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CN¥0.05 loss per share (down from CN¥0.013 loss in 1Q 2021). Revenue: CN¥125.6m (down 4.9% from 1Q 2021). Net loss: CN¥26.4m (loss widened 244% from 1Q 2021). Revenue missed analyst estimates by 14%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 56%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.Board Change • Apr 27Less 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. 5 non-independent directors. Independent Director Hao Wang was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥11.65, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Software industry in China. Total loss to shareholders of 9.0% over the past three years.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥12.25, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 29x in the Software industry in China. Total loss to shareholders of 8.2% over the past three years.Reported Earnings • Nov 01Third quarter 2021 earnings released: CN¥0.025 loss per share (vs CN¥0.013 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥191.8m (down 6.4% from 3Q 2020). Net loss: CN¥14.8m (loss widened 104% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.019 (vs CN¥0.028 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥328.4m (up 81% from 2Q 2020). Net income: CN¥11.3m (down 34% from 2Q 2020). Profit margin: 3.4% (down from 9.4% 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 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.42 (vs CN¥0.40 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.54b (up 12% from FY 2019). Net income: CN¥239.5m (up 12% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 20New 90-day high: CN¥10.35The company is up 3.0% from its price of CN¥10.07 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 Software industry, which is up 1.0% over the same period.Reported Earnings • Jan 28Full year 2020 earnings released: EPS CN¥0.39 (vs CN¥0.40 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥1.56b (up 13% from FY 2019). Net income: CN¥224.9m (up 5.3% from FY 2019). Profit margin: 14% (down from 16% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Dec 16New 90-day low: CN¥9.65The company is down 25% from its price of CN¥12.81 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 3.0% over the same period.Is New 90 Day High Low • Nov 25New 90-day low: CN¥9.93The company is down 27% from its price of CN¥13.67 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 7.0% over the same period.Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥124.6m, down 6.7% from the prior year. Total revenue was CN¥1.11b over the last 12 months, down 4.5% from the prior year.공시 • Oct 20Linewell Software Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020Linewell Software Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020Is New 90 Day High Low • Oct 16New 90-day low: CN¥11.90The company is down 5.0% from its price of CN¥12.53 on 17 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 4.0% over the same period.Is New 90 Day High Low • Oct 01New 90-day low: CN¥12.00The company is down 5.0% from its price of CN¥12.62 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Software industry, which is also down 5.0% over the same period.공시 • Jul 18Linewell Software Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020Linewell Software Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020주주 수익률603636CN SoftwareCN 시장7D-5.8%-0.7%1.0%1Y-8.2%10.1%36.2%전체 주주 수익률 보기수익률 대 산업: 603636은 지난 1년 동안 10.1%의 수익을 기록한 CN Software 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 603636은 지난 1년 동안 36.2%를 기록한 CN 시장보다 저조한 성과를 냈습니다.주가 변동성Is 603636's price volatile compared to industry and market?603636 volatility603636 Average Weekly Movement8.0%Software Industry Average Movement6.9%Market Average Movement6.5%10% most volatile stocks in CN Market10.1%10% least volatile stocks in CN Market4.2%안정적인 주가: 603636는 지난 3개월 동안 CN 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 603636의 주간 변동성(8%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트20021,987Chun Mei Xuwww.linewell.com는 중국에서 소프트웨어 개발 및 시스템 통합 서비스를 제공하는 회사입니다. 디지털 정부 솔루션을 제공합니다. 이 회사는 2002년에 설립되었으며 중국 취안저우에 본사를 두고 있습니다.더 보기Linewell Software Co., Ltd. 기초 지표 요약Linewell Software의 순이익과 매출은 시가총액과 어떻게 비교됩니까?603636 기초 통계시가총액CN¥6.27b순이익 (TTM)-CN¥461.66m매출 (TTM)CN¥782.24m8.0x주가매출비율(P/S)-13.6x주가수익비율(P/E)603636는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표603636 손익계산서 (TTM)매출CN¥782.24m매출원가CN¥648.01m총이익CN¥134.23m기타 비용CN¥595.90m순이익-CN¥461.66m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)-0.80총이익률17.16%순이익률-59.02%부채/자본 비율59.5%603636의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 07:49종가2026/05/25 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 소스Linewell Software Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hongda ZhengHaitong International Research LimitedLin YangHaitong International Research LimitedJialin JiangIndustrial Securities Co. Ltd.
공시 • Apr 30Linewell Software Co., Ltd., Annual General Meeting, May 20, 2026Linewell Software Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Quanzhou, Fujian China
공시 • Mar 30Linewell Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Linewell Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
공시 • Dec 26Linewell Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Linewell Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.05 loss per share (vs CN¥0.079 loss in 3Q 2024)Third quarter 2025 results: CN¥0.05 loss per share (improved from CN¥0.079 loss in 3Q 2024). Revenue: CN¥290.1m (up 113% from 3Q 2024). Net loss: CN¥28.6m (loss narrowed 39% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
공시 • Sep 30Linewell Software Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Linewell Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
공시 • Jun 30Linewell Software Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Linewell Software Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
공시 • Apr 30Linewell Software Co., Ltd., Annual General Meeting, May 20, 2026Linewell Software Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Quanzhou, Fujian China
공시 • Mar 30Linewell Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Linewell Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
공시 • Dec 26Linewell Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Linewell Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.05 loss per share (vs CN¥0.079 loss in 3Q 2024)Third quarter 2025 results: CN¥0.05 loss per share (improved from CN¥0.079 loss in 3Q 2024). Revenue: CN¥290.1m (up 113% from 3Q 2024). Net loss: CN¥28.6m (loss narrowed 39% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
공시 • Sep 30Linewell Software Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Linewell Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
공시 • Jun 30Linewell Software Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Linewell Software Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
공시 • Apr 26Linewell Software Co., Ltd., Annual General Meeting, May 16, 2025Linewell Software Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Quanzhou, Fujian China
공시 • Mar 28Linewell Software Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Linewell Software Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
분석 기사 • Mar 26Here's Why Linewell Software (SHSE:603636) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Feb 17New 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 8.5% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).
분석 기사 • Jan 31Linewell Software Co., Ltd.'s (SHSE:603636) Business Is Trailing The Industry But Its Shares Aren'tWith a median price-to-sales (or "P/S") ratio of close to 6.5x in the Software industry in China, you could be forgiven...
공시 • Jan 15Tianjin Qizhong Shiyuan Enterprise Management Partnership (Limited Partnership) completed the acquisition of 5.85% stake in Linewell Software Co., Ltd. (SHSE:603636) from Wu Zhixiong.Tianjin Qizhong Shiyuan Enterprise Management Partnership (Limited Partnership) agreed to acquire 5.85% stake in Linewell Software Co., Ltd. (SHSE:603636) from Wu Zhixiong for approximately CNY 370 million on November 28, 2024. Tianjin Qizhong will acquire 33.952 million shares at CNY 10.98 per share. The share transfer needs to be confirmed by the Shanghai Stock Exchange for compliance. Tianjin Qizhong Shiyuan Enterprise Management Partnership (Limited Partnership) completed the acquisition of 5.85% stake in Linewell Software Co., Ltd. (SHSE:603636) from Wu Zhixiong on January 14, 2025.
New Risk • Jan 02New major risk - Revenue and earnings growthEarnings have declined by 29% 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 Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings have declined by 29% per year over the past 5 years.
공시 • Dec 27Linewell Software Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Linewell Software Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
분석 기사 • Dec 05Here's Why Linewell Software (SHSE:603636) Can Afford Some DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.079 loss per share (vs CN¥0.063 loss in 3Q 2023)Third quarter 2024 results: CN¥0.079 loss per share (further deteriorated from CN¥0.063 loss in 3Q 2023). Revenue: CN¥136.0m (down 43% from 3Q 2023). Net loss: CN¥46.8m (loss widened 10% from 3Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
분석 기사 • Oct 01Market Might Still Lack Some Conviction On Linewell Software Co., Ltd. (SHSE:603636) Even After 28% Share Price BoostLinewell Software Co., Ltd. ( SHSE:603636 ) shareholders have had their patience rewarded with a 28% share price jump...
공시 • Sep 30Linewell Software Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Linewell Software Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Board Change • Jul 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Yong Cui was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Jun 28Linewell Software Co., Ltd. to Report First Half, 2024 Results on Aug 03, 2024Linewell Software Co., Ltd. announced that they will report first half, 2024 results on Aug 03, 2024
New Risk • May 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% 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 Risks Earnings have declined by 4.2% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • May 01Linewell Software Co., Ltd., Annual General Meeting, May 24, 2024Linewell Software Co., Ltd., Annual General Meeting, May 24, 2024, at 14:30 China Standard Time. Location: Floor 9M, Building 3, Area 4, No. 186, Nansihuan West Road, Fengtai District, Beijing China
분석 기사 • Apr 22Risks Still Elevated At These Prices As Linewell Software Co., Ltd. (SHSE:603636) Shares Dive 29%Linewell Software Co., Ltd. ( SHSE:603636 ) shareholders won't be pleased to see that the share price has had a very...
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥8.15, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 65x in the Software industry in China. Total loss to shareholders of 19% over the past three years.
공시 • Mar 29Linewell Software Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Linewell Software Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
분석 기사 • Mar 25Here's Why Linewell Software (SHSE:603636) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Mar 06What Linewell Software Co., Ltd.'s (SHSE:603636) 34% Share Price Gain Is Not Telling YouLinewell Software Co., Ltd. ( SHSE:603636 ) shareholders are no doubt pleased to see that the share price has bounced...
분석 기사 • Feb 28Linewell Software (SHSE:603636) Will Want To Turn Around Its Return TrendsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥8.77, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 62x in the Software industry in China. Total loss to shareholders of 2.6% over the past three years.
공시 • Dec 29Linewell Software Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Linewell Software Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
New Risk • Dec 21New major risk - Revenue and earnings growthEarnings have declined by 7.9% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 7.9% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results.
New Risk • Nov 26New 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 6.2% 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.063 loss per share (vs CN¥0.018 profit in 3Q 2022)Third quarter 2023 results: CN¥0.063 loss per share (down from CN¥0.018 profit in 3Q 2022). Revenue: CN¥240.2m (down 9.0% from 3Q 2022). Net loss: CN¥42.5m (down CN¥51.5m from profit in 3Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
New Risk • Aug 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% 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 (20% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
공시 • Jun 28Linewell Software Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023Linewell Software Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023
Reported Earnings • Apr 24Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥0.24 (up from CN¥0.23 in FY 2021). Revenue: CN¥1.74b (up 1.4% from FY 2021). Net income: CN¥137.9m (up 1.8% from FY 2021). Profit margin: 7.9% (in line with FY 2021). Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Price Target Changed • Nov 16Price target increased to CN¥19.04Up from CN¥11.40, the current price target is provided by 1 analyst. New target price is 29% above last closing price of CN¥14.74. Stock is up 74% over the past year. The company is forecast to post earnings per share of CN¥0.38 for next year compared to CN¥0.23 last year.
Board Change • Nov 16Less 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. 5 non-independent directors. Independent Director Hao Wang was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.018 (vs CN¥0.025 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.018 (up from CN¥0.025 loss in 3Q 2021). Revenue: CN¥263.9m (up 38% from 3Q 2021). Net income: CN¥9.00m (up CN¥23.8m from 3Q 2021). Profit margin: 3.4% (up from net loss in 3Q 2021). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Aug 04Linewell Software Co., Ltd. announced that it expects to receive CNY 1.817435 billion in fundingLinewell Software Co., Ltd. announced a private placement of 176,450,000 common shares at a issue Price CNY 10.30 per share for a gross proceeds of CNY 1,817,435,000 on August 2, 2022. The transaction included participation from CR Digital Holdings Co., Ltd for 176,450,000 Shares. The company has signed share subscription agreement. The transaction has been approved 22nd Meeting of the Company’s 4th Directorate held and is subject to the approvals of the State-owned Assets Management Department, the Company’s Shareholders, the State-owned Assets Supervision and Administration Agency, the Concentration of Operators Anti-Monopoly Review, and the China Securities Regulatory Commission. The shares cannot be transferred within 18 months from the issuance closing date.
Reported Earnings • Aug 03Second quarter 2022 earnings released: CN¥0.024 loss per share (vs CN¥0.019 profit in 2Q 2021)Second quarter 2022 results: CN¥0.024 loss per share (down from CN¥0.019 profit in 2Q 2021). Revenue: CN¥218.6m (down 33% from 2Q 2021). Net loss: CN¥16.9m (down 250% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥11.54, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 25x in the Software industry in China. Total returns to shareholders of 22% over the past three years.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥13.70, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 26x in the Software industry in China. Total returns to shareholders of 37% over the past three years.
Price Target Changed • May 08Price target decreased to CN¥11.40Down from CN¥15.30, the current price target is provided by 1 analyst. New target price is 19% above last closing price of CN¥9.55. Stock is up 4.5% over the past year. The company is forecast to post earnings per share of CN¥0.38 for next year compared to CN¥0.23 last year.
Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: CN¥0.05 loss per share (down from CN¥0.013 loss in 1Q 2021). Revenue: CN¥125.6m (down 4.9% from 1Q 2021). Net loss: CN¥26.4m (loss widened 244% from 1Q 2021). Revenue missed analyst estimates by 14%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 56%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.
Board Change • Apr 27Less 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. 5 non-independent directors. Independent Director Hao Wang was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to CN¥11.65, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the Software industry in China. Total loss to shareholders of 9.0% over the past three years.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥12.25, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 29x in the Software industry in China. Total loss to shareholders of 8.2% over the past three years.
Reported Earnings • Nov 01Third quarter 2021 earnings released: CN¥0.025 loss per share (vs CN¥0.013 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥191.8m (down 6.4% from 3Q 2020). Net loss: CN¥14.8m (loss widened 104% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.019 (vs CN¥0.028 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥328.4m (up 81% from 2Q 2020). Net income: CN¥11.3m (down 34% from 2Q 2020). Profit margin: 3.4% (down from 9.4% 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 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS CN¥0.42 (vs CN¥0.40 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.54b (up 12% from FY 2019). Net income: CN¥239.5m (up 12% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 20New 90-day high: CN¥10.35The company is up 3.0% from its price of CN¥10.07 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 Software industry, which is up 1.0% over the same period.
Reported Earnings • Jan 28Full year 2020 earnings released: EPS CN¥0.39 (vs CN¥0.40 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥1.56b (up 13% from FY 2019). Net income: CN¥224.9m (up 5.3% from FY 2019). Profit margin: 14% (down from 16% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Dec 16New 90-day low: CN¥9.65The company is down 25% from its price of CN¥12.81 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 3.0% over the same period.
Is New 90 Day High Low • Nov 25New 90-day low: CN¥9.93The company is down 27% from its price of CN¥13.67 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 7.0% over the same period.
Reported Earnings • Oct 25Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥124.6m, down 6.7% from the prior year. Total revenue was CN¥1.11b over the last 12 months, down 4.5% from the prior year.
공시 • Oct 20Linewell Software Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020Linewell Software Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020
Is New 90 Day High Low • Oct 16New 90-day low: CN¥11.90The company is down 5.0% from its price of CN¥12.53 on 17 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Oct 01New 90-day low: CN¥12.00The company is down 5.0% from its price of CN¥12.62 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Software industry, which is also down 5.0% over the same period.
공시 • Jul 18Linewell Software Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020Linewell Software Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020
