View ValuationJiangsu Hoperun Software 향후 성장Future 기준 점검 2/6Jiangsu Hoperun Software (는) 각각 연간 26.3% 및 13.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 26.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 6.8% 로 예상됩니다.핵심 정보26.3%이익 성장률26.15%EPS 성장률Software 이익 성장30.4%매출 성장률13.7%향후 자기자본이익률6.85%애널리스트 커버리지Low마지막 업데이트10 Jun 2026최근 향후 성장 업데이트Price Target Changed • Sep 10Price target decreased by 17% to CN¥23.69Down from CN¥28.50, the current price target is provided by 1 analyst. New target price is 15% above last closing price of CN¥20.58. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.31 for next year compared to CN¥0.21 last year.Major Estimate Revision • May 03Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥4.27b to CN¥3.87b. EPS estimate also fell from CN¥0.442 per share to CN¥0.38 per share. Net income forecast to grow 124% next year vs 56% growth forecast for Software industry in China. Consensus price target down from CN¥27.75 to CN¥25.90. Share price was steady at CN¥22.69 over the past week.Major Estimate Revision • Dec 02Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.43b to CN¥3.20b. EPS estimate also fell from CN¥0.203 per share to CN¥0.18 per share. Net income forecast to grow 251% next year vs 112% growth forecast for Software industry in China. Consensus price target down from CN¥26.15 to CN¥23.30. Share price rose 6.3% to CN¥28.23 over the past week.Major Estimate Revision • Oct 30Consensus EPS estimates fall by 47%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.81b to CN¥3.43b. EPS estimate also fell from CN¥0.38 per share to CN¥0.203 per share. Net income forecast to grow 311% next year vs 92% growth forecast for Software industry in China. Consensus price target down from CN¥29.63 to CN¥26.15. Share price rose 7.9% to CN¥26.23 over the past week.Price Target Changed • Oct 24Price target decreased by 10% to CN¥26.15Down from CN¥29.12, the current price target is provided by 1 analyst. New target price is 13% above last closing price of CN¥23.14. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.38 for next year compared to CN¥0.13 last year.Major Estimate Revision • Jun 16Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.24b to CN¥3.81b. EPS estimate unchanged at CN¥0.38 per share. Net income forecast to grow 232% next year vs 75% growth forecast for Software industry in China. Consensus price target broadly unchanged at CN¥29.63. Share price was steady at CN¥25.31 over the past week.모든 업데이트 보기Recent updatesNew Risk • Jul 06New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.공시 • Jun 30Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026New Risk • Apr 23New major risk - Revenue and earnings growthEarnings have declined by 5.9% 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 Risk Earnings have declined by 5.9% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin).Reported Earnings • Apr 22Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥0.12 (down from CN¥0.20 in FY 2024). Revenue: CN¥3.98b (up 17% from FY 2024). Net income: CN¥97.0m (down 40% from FY 2024). Profit margin: 2.4% (down from 4.7% in FY 2024). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 22Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2026Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2026, at 15:00 China Standard Time. Location: West 2F, Building 2, No. 168, Ruanjian Avenue, Yuhuatai District, Nanjing, Jiangsu China공시 • Mar 31Jiangsu Hoperun Software Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Jiangsu Hoperun Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026New Risk • Mar 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin).공시 • Dec 31Jiangsu Hoperun Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026Jiangsu Hoperun Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026공시 • Oct 30Jiangsu Hoperun Software Co., Ltd. Proposes Cash Dividend for the Third Quarter of 2025Jiangsu Hoperun Software Co., Ltd. at its 3rd Extraordinary General Meeting of 2025 to be held on 14 November 2025, proposed cash dividend (tax included) of CNY 0.70000000 per 10 shares for the third quarter of 2025.Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.022 (vs CN¥0.031 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.022 (down from CN¥0.031 in 3Q 2024). Revenue: CN¥971.7m (up 17% from 3Q 2024). Net income: CN¥18.8m (down 28% from 3Q 2024). Profit margin: 1.9% (down from 3.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 14New 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 7.3% 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: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results.공시 • Sep 30Jiangsu Hoperun Software Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Jiangsu Hoperun Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.086 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.04 (down from CN¥0.086 in 2Q 2024). Revenue: CN¥914.4m (up 13% from 2Q 2024). Net income: CN¥28.6m (down 52% from 2Q 2024). Profit margin: 3.1% (down from 7.3% in 2Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 02Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025Reported Earnings • Apr 23Full year 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.21 in FY 2023)Full year 2024 results: EPS: CN¥0.20 (down from CN¥0.21 in FY 2023). Revenue: CN¥3.40b (up 9.4% from FY 2023). Net income: CN¥161.1m (down 1.6% from FY 2023). Profit margin: 4.7% (down from 5.3% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings.공시 • Apr 22Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2025Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2025, at 15:00 China Standard Time. Location: West 2F, Building 2, No. 168, Ruanjian Avenue, Yuhuatai District, Nanjing, Jiangsu China공시 • Mar 31Jiangsu Hoperun Software Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Jiangsu Hoperun Software Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025분석 기사 • Mar 28These 4 Measures Indicate That Jiangsu Hoperun Software (SZSE:300339) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Mar 06What Jiangsu Hoperun Software Co., Ltd.'s (SZSE:300339) 25% Share Price Gain Is Not Telling YouJiangsu Hoperun Software Co., Ltd. ( SZSE:300339 ) shares have had a really impressive month, gaining 25% after a shaky...분석 기사 • Jan 10Jiangsu Hoperun Software Co., Ltd.'s (SZSE:300339) 26% Share Price Plunge Could Signal Some RiskJiangsu Hoperun Software Co., Ltd. ( SZSE:300339 ) shareholders won't be pleased to see that the share price has had a...공시 • Dec 31Jiangsu Hoperun Software Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025Jiangsu Hoperun Software Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025분석 기사 • Nov 01Additional Considerations Required While Assessing Jiangsu Hoperun Software's (SZSE:300339) Strong EarningsInvestors were disappointed with Jiangsu Hoperun Software Co., Ltd.'s ( SZSE:300339 ) earnings, despite the strong...Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: CN¥0.031 (vs CN¥0.021 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.031 (up from CN¥0.021 in 3Q 2023). Revenue: CN¥828.6m (up 14% from 3Q 2023). Net income: CN¥25.9m (up 40% from 3Q 2023). Profit margin: 3.1% (up from 2.5% in 3Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Oct 18Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 213% to CN¥62.95. The fair value is estimated to be CN¥52.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 146% in the next 2 years.분석 기사 • Oct 14Should You Investigate Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) At CN¥60.46?Jiangsu Hoperun Software Co., Ltd. ( SZSE:300339 ), is not the largest company out there, but it received a lot of...공시 • Sep 30Jiangsu Hoperun Software Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024Jiangsu Hoperun Software Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024New Risk • Sep 28New 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 8.4% 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: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results.분석 기사 • Sep 26Market Participants Recognise Jiangsu Hoperun Software Co., Ltd.'s (SZSE:300339) Revenues Pushing Shares 27% HigherJiangsu Hoperun Software Co., Ltd. ( SZSE:300339 ) shareholders have had their patience rewarded with a 27% share price...Price Target Changed • Sep 10Price target decreased by 17% to CN¥23.69Down from CN¥28.50, the current price target is provided by 1 analyst. New target price is 15% above last closing price of CN¥20.58. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.31 for next year compared to CN¥0.21 last year.Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.086 (vs CN¥0.05 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.086 (up from CN¥0.05 in 2Q 2023). Revenue: CN¥810.1m (up 16% from 2Q 2023). Net income: CN¥59.1m (up 36% from 2Q 2023). Profit margin: 7.3% (up from 6.2% in 2Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.분석 기사 • Aug 07Estimating The Fair Value Of Jiangsu Hoperun Software Co., Ltd. (SZSE:300339)Key Insights Using the 2 Stage Free Cash Flow to Equity, Jiangsu Hoperun Software fair value estimate is CN¥19.25 With...Buy Or Sell Opportunity • Jul 22Now 23% overvaluedOver the last 90 days, the stock has fallen 3.6% to CN¥20.80. The fair value is estimated to be CN¥16.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 66% in 2 years. Earnings are forecast to grow by 189% in the next 2 years.분석 기사 • Jul 19Market Cool On Jiangsu Hoperun Software Co., Ltd.'s (SZSE:300339) RevenuesIt's not a stretch to say that Jiangsu Hoperun Software Co., Ltd.'s ( SZSE:300339 ) price-to-sales (or "P/S") ratio of...Board Change • Jul 06Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman & CEO Hongwei Zhou is the most experienced director on the board, commencing their role in 2006. Independent Director Wanfu Li was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Buy Or Sell Opportunity • Jul 05Now 20% overvaluedOver the last 90 days, the stock has fallen 7.5% to CN¥20.40. The fair value is estimated to be CN¥16.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 66% in 2 years. Earnings are forecast to grow by 189% in the next 2 years.분석 기사 • Jun 30Returns On Capital At Jiangsu Hoperun Software (SZSE:300339) Paint A Concerning PictureIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...공시 • Jun 29Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024분석 기사 • Jun 12Is Jiangsu Hoperun Software (SZSE:300339) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Major Estimate Revision • May 03Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥4.27b to CN¥3.87b. EPS estimate also fell from CN¥0.442 per share to CN¥0.38 per share. Net income forecast to grow 124% next year vs 56% growth forecast for Software industry in China. Consensus price target down from CN¥27.75 to CN¥25.90. Share price was steady at CN¥22.69 over the past week.분석 기사 • May 01Jiangsu Hoperun Software's (SZSE:300339) Promising Earnings May Rest On Soft FoundationsDespite posting some strong earnings, the market for Jiangsu Hoperun Software Co., Ltd.'s ( SZSE:300339 ) stock hasn't...공시 • Apr 26Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 16, 2024Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 16, 2024, at 15:00 China Standard Time. Location: West 2F, Building 2, No. 168, Ruanjian Avenue, Yuhuatai District, Nanjing, Jiangsu ChinaReported Earnings • Apr 25Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.21 (up from CN¥0.13 in FY 2022). Revenue: CN¥3.11b (up 4.4% from FY 2022). Net income: CN¥163.8m (up 55% from FY 2022). Profit margin: 5.3% (up from 3.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 4.5%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.분석 기사 • Apr 17Does This Valuation Of Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) Imply Investors Are Overpaying?Key Insights Using the 2 Stage Free Cash Flow to Equity, Jiangsu Hoperun Software fair value estimate is CN¥16.22...공시 • Mar 30Jiangsu Hoperun Software Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Jiangsu Hoperun Software Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024분석 기사 • Mar 05Jiangsu Hoperun Software Co., Ltd.'s (SZSE:300339) P/S Is Still On The Mark Following 26% Share Price BounceThose holding Jiangsu Hoperun Software Co., Ltd. ( SZSE:300339 ) shares would be relieved that the share price has...분석 기사 • Feb 27Here's Why Jiangsu Hoperun Software (SZSE:300339) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...공시 • Dec 30Jiangsu Hoperun Software Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Jiangsu Hoperun Software Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024Major Estimate Revision • Dec 02Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.43b to CN¥3.20b. EPS estimate also fell from CN¥0.203 per share to CN¥0.18 per share. Net income forecast to grow 251% next year vs 112% growth forecast for Software industry in China. Consensus price target down from CN¥26.15 to CN¥23.30. Share price rose 6.3% to CN¥28.23 over the past week.Major Estimate Revision • Oct 30Consensus EPS estimates fall by 47%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.81b to CN¥3.43b. EPS estimate also fell from CN¥0.38 per share to CN¥0.203 per share. Net income forecast to grow 311% next year vs 92% growth forecast for Software industry in China. Consensus price target down from CN¥29.63 to CN¥26.15. Share price rose 7.9% to CN¥26.23 over the past week.Board Change • Oct 26Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wanfu Li was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Price Target Changed • Oct 24Price target decreased by 10% to CN¥26.15Down from CN¥29.12, the current price target is provided by 1 analyst. New target price is 13% above last closing price of CN¥23.14. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.38 for next year compared to CN¥0.13 last year.Reported Earnings • Oct 24Third quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.041 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.041 in 3Q 2022). Revenue: CN¥726.5m (flat on 3Q 2022). Net income: CN¥18.5m (down 46% from 3Q 2022). Profit margin: 2.5% (down from 4.7% in 3Q 2022). Revenue is forecast to grow 42% 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 increased by 84% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Oct 19Now 21% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be CN¥33.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 128% in 2 years. Earnings is forecast to grow by 650% in the next 2 years.New Risk • Oct 10New 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 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin).공시 • Sep 30Jiangsu Hoperun Software Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023Jiangsu Hoperun Software Co., Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin).Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.07 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.05 (down from CN¥0.07 in 2Q 2022). Revenue: CN¥698.2m (down 11% from 2Q 2022). Net income: CN¥43.4m (down 22% from 2Q 2022). Profit margin: 6.2% (down from 7.1% in 2Q 2022). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.공시 • Jul 01Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2023 Results on Aug 16, 2023Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2023 results on Aug 16, 2023Major Estimate Revision • Jun 16Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.24b to CN¥3.81b. EPS estimate unchanged at CN¥0.38 per share. Net income forecast to grow 232% next year vs 75% growth forecast for Software industry in China. Consensus price target broadly unchanged at CN¥29.63. Share price was steady at CN¥25.31 over the past week.Reported Earnings • Apr 23First quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.04 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.05 (up from CN¥0.04 in 1Q 2022). Revenue: CN¥737.1m (up 5.1% from 1Q 2022). Net income: CN¥36.3m (up 15% from 1Q 2022). Profit margin: 4.9% (up from 4.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 45% 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 increased by 117% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Board Change • Apr 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Yang Hai was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Feb 07Price target increased by 37% to CN¥29.12Up from CN¥21.20, the current price target is provided by 1 analyst. New target price is 8.5% above last closing price of CN¥26.85. Stock is up 38% over the past year. The company is forecast to post earnings per share of CN¥0.23 for next year compared to CN¥0.23 last year.공시 • Jan 13Nanjing Hehu Zhilian Digital Technology Partnership (Limited Partnership) agreed to acquire 20% stake in Jiangsu Runkaihong Digital Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for CNY 0Nanjing Hehu Zhilian Digital Technology Partnership (Limited Partnership) agreed to acquire 20% stake in Jiangsu Runkaihong Digital Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for CNY 0 on January 11, 2023. The board of directors of Jiangsu Hoperun Software approved the transaction.Major Estimate Revision • Jan 04Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥3.26b to CN¥3.17b. EPS estimate also fell from CN¥0.26 per share to CN¥0.23 per share. Net income forecast to grow 32% next year vs 72% growth forecast for Software industry in China. Consensus price target down from CN¥22.70 to CN¥21.20. Share price rose 3.8% to CN¥19.71 over the past week.Buying Opportunity • Dec 20Now 20% undervaluedOver the last 90 days, the stock is up 1.0%. The fair value is estimated to be CN¥22.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 96% in 2 years. Earnings is forecast to grow by 192% in the next 2 years.Buying Opportunity • Nov 22Now 20% undervaluedOver the last 90 days, the stock is up 3.8%. The fair value is estimated to be CN¥24.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 96% in 2 years. Earnings is forecast to grow by 192% in the next 2 years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Weidong Li was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Nov 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.8%. The fair value is estimated to be CN¥24.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 96% in 2 years. Earnings is forecast to grow by 192% in the next 2 years.Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.041 (vs CN¥0.06 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.041 (down from CN¥0.06 in 3Q 2021). Revenue: CN¥731.0m (up 7.0% from 3Q 2021). Net income: CN¥34.2m (down 25% from 3Q 2021). Profit margin: 4.7% (down from 6.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% 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 increased by 86% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥18.39, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 35% over the past three years.Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.067 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.067 in 2Q 2021). Revenue: CN¥782.2m (up 28% from 2Q 2021). Net income: CN¥55.5m (up 36% from 2Q 2021). Profit margin: 7.1% (up from 6.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 29%, compared to a 31% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Board Change • Aug 19Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Weidong Li was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Jun 09Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be CN¥22.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 78% in a year. Earnings is forecast to grow by 121% in the next year.Price Target Changed • Apr 27Price target increased to CN¥21.40Up from CN¥19.20, the current price target is provided by 1 analyst. New target price is 58% above last closing price of CN¥13.55. Stock is up 43% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.23 last year.Board Change • Apr 27Less 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. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Non-Independent Director Chen Bin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 13Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 05, 2022Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 05, 2022, at 15:00 China Standard Time. Agenda: To consider and discuss about 2021 work report of the board of directors, 2021 work report of the supervisory committee, 2021 annual report and its summary, 2021 annual accounts, 2021 profit distribution plan, reappointment of 2022 audit firm, 2022 remuneration (allowance) for directors, 2022 remuneration (allowance) for supervisors, 2022 application for comprehensive credit line to banks by the Company and subsidiaries, provision of guarantee for the bank comprehensive credit line applied for by subsidiaries, change of the Company's business scope and amendments to the Company's articles of association and thereof.Reported Earnings • Apr 12Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.23 (up from CN¥0.21 in FY 2020). Revenue: CN¥2.76b (up 11% from FY 2020). Net income: CN¥176.2m (up 5.5% from FY 2020). Profit margin: 6.4% (down from 6.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 65%, compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.06 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥683.1m (up 14% from 3Q 2020). Net income: CN¥45.7m (down 4.8% from 3Q 2020). Profit margin: 6.7% (down from 8.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.공시 • Sep 02Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) agreed to acquire Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd., Jiangsu Runlian Information Technology Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. from Jiangsu Runhe Science and Technology Investment Co., Ltd. and Nanjing Runhong Real Estate Co., Ltd. for approximately CNY 520 million.Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) agreed to acquire Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd., Jiangsu Runlian Information Technology Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. from Jiangsu Runhe Science and Technology Investment Co., Ltd. and Nanjing Runhong Real Estate Co., Ltd. for approximately CNY 520 million on August 31, 2021. Jiangsu Hoperun Software Co., Ltd. shall pay 40% of consideration within 30 working days of signing of agreement while remaining 60% payable within 30 working days after completion. As per the transaction, Jiangsu Hoperun Software Co., Ltd. will acquire Jiangsu Runlian Information Technology Co., Ltd. from Jiangsu Runhe Science and Technology Investment Co., Ltd. for CNY 162 million while Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. Nanjing Runhong Real Estate Co., Ltd. for CNY 272 million and CNY 83.5 million respectively. As of May 31, 2021, Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd., Jiangsu Runlian Information Technology Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. has reported total assets of CNY 168.9 million, CNY 157.9 million and CNY 99.16 million while net assets are CNY 159.44 million, CNY 83.28 million and CNY 55.75 million. The Board of Directors of Jiangsu Hoperun Software Co., Ltd. has approved the transaction.Reported Earnings • Aug 20Second quarter 2021 earnings released: EPS CN¥0.067 (vs CN¥0.12 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥613.0m (up 5.0% from 2Q 2020). Net income: CN¥40.8m (down 32% from 2Q 2020). Profit margin: 6.6% (down from 10% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.공시 • Jun 16Jiangsu Hoperun Software Co., Ltd.(SZSE:300339) dropped from Shenzhen Stock Exchange Component Index98639545Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 37% share price gain to CN¥16.53, the stock trades at a trailing P/E ratio of 68.6x. Average trailing P/E is 48x in the Software industry in China. Total returns to shareholders of 31% over the past three years.Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥11.46, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 43x in the Software industry in China. Total loss to shareholders of 8.6% over the past three years.Reported Earnings • Apr 21Full year 2020 earnings released: EPS CN¥0.21 (vs CN¥2.30 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.48b (up 17% from FY 2019). Net income: CN¥167.1m (up CN¥1.96b from FY 2019). Profit margin: 6.7% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Jan 29New 90-day low: CN¥8.81The company is down 23% from its price of CN¥11.42 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 Software industry, which is up 2.0% over the same period.Is New 90 Day High Low • Jan 07New 90-day low: CN¥9.13The company is down 31% from its price of CN¥13.14 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 Software industry, which is up 1.0% over the same period.Is New 90 Day High Low • Dec 10New 90-day low: CN¥10.11The company is down 30% from its price of CN¥14.50 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is flat over the same period.Is New 90 Day High Low • Nov 16New 90-day low: CN¥10.91The company is down 12% from its price of CN¥12.39 on 18 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 11% over the same period.Is New 90 Day High Low • Oct 30New 90-day low: CN¥11.42The company is down 8.0% from its price of CN¥12.37 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 12% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥1.83b, with earnings decreasing by CN¥2.11b from the prior year. Total revenue was CN¥2.21b over the last 12 months, down 3.0% from the prior year.공시 • Sep 26Sun Bing signed the equity transfer agreement to acquire 3.8194% stake in Suzhou Bona Xundong Software Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for approximately CNY 26 million.Sun Bing signed the equity transfer agreement to acquire 3.8194% stake in Suzhou Bona Xundong Software Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for approximately CNY 26 million on September 17, 2020. Post completion, Jiangsu Hoperun Software Co., Ltd. will not hold any stake in Suzhou Bona Xundong Software Co., Ltd. The transaction was reviewed and approved at the eighth meeting of the sixth directorate of Jiangsu Hoperun Software Co., Ltd. held on September 17, 2020 and does not need to be submitted to the shareholders meeting for review.공시 • Aug 15Service Trade Innovative Development Guidance Fund (LP), fund of China Merchants Capital Management Co., Ltd. cancelled the acquisition of 5.1% stake in Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) from Jiangsu Runhe Technology Investment Group Co., Ltd., Ningbo Hongchuang Equity Investment Partnership Enterprise (Limited Partnership), Zhou Hongwei and Yao Ning.Service Trade Innovative Development Guidance Fund (LP), fund of China Merchants Capital Management Co., Ltd. agreed to acquire 5.1% stake in Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) from Jiangsu Runhe Technology Investment Group Co., Ltd., Ningbo Hongchuang Equity Investment Partnership Enterprise (Limited Partnership), Zhou Hongwei and Yao Ning for approximately CNY 490 million on July 16, 2019. Upon completion, Jiangsu Runhe Technology Investment Group Co., Ltd., Ningbo Hongchuang Equity Investment Partnership Enterprise (Limited Partnership), Zhou Hongwei, Yao Ning and Service Trade Innovation Development Guiding Fund (Limited Partnership) will hold 13.45%, 4.53%, 4.26%, 4.53 and 5.13% stake in Jiangsu Hoperun Software Co., Ltd. Service Trade Innovation Development Guiding Fund (Limited Partnership) will acquire 40 million shares at a price of CNY 12.19 per share. Service Trade Innovative Development Guidance Fund (LP), fund of China Merchants Capital Management Co., Ltd. cancelled the acquisition of 5.1% stake in Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) from Jiangsu Runhe Technology Investment Group Co., Ltd., Ningbo Hongchuang Equity Investment Partnership Enterprise (Limited Partnership), Zhou Hongwei and Yao Ning on July 16, 2020.공시 • Jul 31Nanjing Runchuang Information Technology Partnership (Limited Partnership) cancelled the acquisition of 35.75% stake in Nanjing Runchen Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339).Nanjing Runchuang Information Technology Partnership (Limited Partnership) signed an equity transfer agreement to acquire 35.75% stake in Nanjing Runchen Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for CNY 2.5 million on April 11, 2019. In a related transaction, Jiangsu Hoperun will also transfer the capital contribution obligation that has been subscribed but has not yet paid which is CNY 8.25 million to Nanjing Runchuang. After the completion of the transaction, Jiangsu Hoperun will hold 19.25% of the equity of Nanjing Runchen Technology. For the year ended December 2018, Nanjing Runchen Technology had total assets of CNY 7.5 million, net assets of CNY 6 million, revenues of CNY 2.7 million, operating loss and net loss of CNY 0.01 million. The transaction has been approved by Shenzhen Stock Exchange GEM Listing Rules and Articles of Association and is subject to approval of Jiangsu Hoperun's Board of Directors. Nanjing Runchuang Information Technology Partnership (Limited Partnership) cancelled the acquisition of 35.75% stake in Nanjing Runchen Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) on April 11, 2020.공시 • Jul 19Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2020 Results on Aug 12, 2020Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2020 results on Aug 12, 2020이익 및 매출 성장 예측SZSE:300339 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20285,943288N/A111112/31/20275,233225N/A103112/31/20264,571165N/A32013/31/20264,067143-5455N/A12/31/20253,9829736146N/A9/30/20253,709129-9720N/A6/30/20253,566136-132-17N/A3/31/20253,462167-7142N/A12/31/20243,399161-7236N/A9/30/20243,353176-2275N/A6/30/20243,251169-788N/A3/31/20243,139153109206N/A12/31/20233,10616434137N/A9/30/20232,922837113N/A6/30/20232,9279890209N/A3/31/20233,011110-11814N/A1/1/20232,975106-5391N/A9/30/20223,015184-42115N/A6/30/20222,967195-28119N/A3/31/20222,79818195232N/A12/31/20212,75917623146N/A9/30/20212,744169116228N/A6/30/20212,65817189196N/A3/31/20212,62918461190N/A12/31/20202,48016759173N/A9/30/20202,169-1,851-6143N/A6/30/20202,153-1,840-6326N/A3/31/20202,123-1,836-78-6N/A12/31/20192,121-1,794N/A110N/A9/30/20192,281303N/A245N/A6/30/20192,227326N/A329N/A3/31/20192,101321N/A467N/A12/31/20182,038314N/A275N/A9/30/20181,935303N/A271N/A6/30/20181,793282N/A146N/A3/31/20181,717258N/A-72N/A12/31/20171,612249N/A145N/A9/30/20171,501333N/A104N/A6/30/20171,451319N/A164N/A3/31/20171,375315N/A255N/A12/31/20161,315304N/A290N/A9/30/20161,304229N/A11N/A6/30/20161,220217N/A-40N/A3/31/20161,185208N/A-48N/A12/31/20151,129195N/A77N/A9/30/2015955114N/A54N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 300339 의 연간 예상 수익 증가율(26.3%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 300339 의 연간 수익(26.3%)이 CN 시장(27.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 300339 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 300339 의 수익(연간 13.7%)이 CN 시장(연간 16.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 300339 의 수익(연간 13.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 300339의 자본 수익률은 3년 후 6.8%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/11 18:35종가2026/07/10 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Jiangsu Hoperun Software Co., Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ting LuChina International Capital Corporation LimitedGuoping JiangEverbright Securities Co. Ltd.Bing ZhangHuatai Research1명의 분석가 더 보기
Price Target Changed • Sep 10Price target decreased by 17% to CN¥23.69Down from CN¥28.50, the current price target is provided by 1 analyst. New target price is 15% above last closing price of CN¥20.58. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.31 for next year compared to CN¥0.21 last year.
Major Estimate Revision • May 03Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥4.27b to CN¥3.87b. EPS estimate also fell from CN¥0.442 per share to CN¥0.38 per share. Net income forecast to grow 124% next year vs 56% growth forecast for Software industry in China. Consensus price target down from CN¥27.75 to CN¥25.90. Share price was steady at CN¥22.69 over the past week.
Major Estimate Revision • Dec 02Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.43b to CN¥3.20b. EPS estimate also fell from CN¥0.203 per share to CN¥0.18 per share. Net income forecast to grow 251% next year vs 112% growth forecast for Software industry in China. Consensus price target down from CN¥26.15 to CN¥23.30. Share price rose 6.3% to CN¥28.23 over the past week.
Major Estimate Revision • Oct 30Consensus EPS estimates fall by 47%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.81b to CN¥3.43b. EPS estimate also fell from CN¥0.38 per share to CN¥0.203 per share. Net income forecast to grow 311% next year vs 92% growth forecast for Software industry in China. Consensus price target down from CN¥29.63 to CN¥26.15. Share price rose 7.9% to CN¥26.23 over the past week.
Price Target Changed • Oct 24Price target decreased by 10% to CN¥26.15Down from CN¥29.12, the current price target is provided by 1 analyst. New target price is 13% above last closing price of CN¥23.14. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.38 for next year compared to CN¥0.13 last year.
Major Estimate Revision • Jun 16Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.24b to CN¥3.81b. EPS estimate unchanged at CN¥0.38 per share. Net income forecast to grow 232% next year vs 75% growth forecast for Software industry in China. Consensus price target broadly unchanged at CN¥29.63. Share price was steady at CN¥25.31 over the past week.
New Risk • Jul 06New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
공시 • Jun 30Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026
New Risk • Apr 23New major risk - Revenue and earnings growthEarnings have declined by 5.9% 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 Risk Earnings have declined by 5.9% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin).
Reported Earnings • Apr 22Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥0.12 (down from CN¥0.20 in FY 2024). Revenue: CN¥3.98b (up 17% from FY 2024). Net income: CN¥97.0m (down 40% from FY 2024). Profit margin: 2.4% (down from 4.7% in FY 2024). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 22Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2026Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2026, at 15:00 China Standard Time. Location: West 2F, Building 2, No. 168, Ruanjian Avenue, Yuhuatai District, Nanjing, Jiangsu China
공시 • Mar 31Jiangsu Hoperun Software Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Jiangsu Hoperun Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
New Risk • Mar 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin).
공시 • Dec 31Jiangsu Hoperun Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026Jiangsu Hoperun Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026
공시 • Oct 30Jiangsu Hoperun Software Co., Ltd. Proposes Cash Dividend for the Third Quarter of 2025Jiangsu Hoperun Software Co., Ltd. at its 3rd Extraordinary General Meeting of 2025 to be held on 14 November 2025, proposed cash dividend (tax included) of CNY 0.70000000 per 10 shares for the third quarter of 2025.
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.022 (vs CN¥0.031 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.022 (down from CN¥0.031 in 3Q 2024). Revenue: CN¥971.7m (up 17% from 3Q 2024). Net income: CN¥18.8m (down 28% from 3Q 2024). Profit margin: 1.9% (down from 3.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 14New 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 7.3% 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: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results.
공시 • Sep 30Jiangsu Hoperun Software Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Jiangsu Hoperun Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.086 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.04 (down from CN¥0.086 in 2Q 2024). Revenue: CN¥914.4m (up 13% from 2Q 2024). Net income: CN¥28.6m (down 52% from 2Q 2024). Profit margin: 3.1% (down from 7.3% in 2Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 02Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025
Reported Earnings • Apr 23Full year 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.21 in FY 2023)Full year 2024 results: EPS: CN¥0.20 (down from CN¥0.21 in FY 2023). Revenue: CN¥3.40b (up 9.4% from FY 2023). Net income: CN¥161.1m (down 1.6% from FY 2023). Profit margin: 4.7% (down from 5.3% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings.
공시 • Apr 22Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2025Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 13, 2025, at 15:00 China Standard Time. Location: West 2F, Building 2, No. 168, Ruanjian Avenue, Yuhuatai District, Nanjing, Jiangsu China
공시 • Mar 31Jiangsu Hoperun Software Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Jiangsu Hoperun Software Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
분석 기사 • Mar 28These 4 Measures Indicate That Jiangsu Hoperun Software (SZSE:300339) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Mar 06What Jiangsu Hoperun Software Co., Ltd.'s (SZSE:300339) 25% Share Price Gain Is Not Telling YouJiangsu Hoperun Software Co., Ltd. ( SZSE:300339 ) shares have had a really impressive month, gaining 25% after a shaky...
분석 기사 • Jan 10Jiangsu Hoperun Software Co., Ltd.'s (SZSE:300339) 26% Share Price Plunge Could Signal Some RiskJiangsu Hoperun Software Co., Ltd. ( SZSE:300339 ) shareholders won't be pleased to see that the share price has had a...
공시 • Dec 31Jiangsu Hoperun Software Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025Jiangsu Hoperun Software Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025
분석 기사 • Nov 01Additional Considerations Required While Assessing Jiangsu Hoperun Software's (SZSE:300339) Strong EarningsInvestors were disappointed with Jiangsu Hoperun Software Co., Ltd.'s ( SZSE:300339 ) earnings, despite the strong...
Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: CN¥0.031 (vs CN¥0.021 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.031 (up from CN¥0.021 in 3Q 2023). Revenue: CN¥828.6m (up 14% from 3Q 2023). Net income: CN¥25.9m (up 40% from 3Q 2023). Profit margin: 3.1% (up from 2.5% in 3Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Oct 18Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 213% to CN¥62.95. The fair value is estimated to be CN¥52.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 146% in the next 2 years.
분석 기사 • Oct 14Should You Investigate Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) At CN¥60.46?Jiangsu Hoperun Software Co., Ltd. ( SZSE:300339 ), is not the largest company out there, but it received a lot of...
공시 • Sep 30Jiangsu Hoperun Software Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024Jiangsu Hoperun Software Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024
New Risk • Sep 28New 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 8.4% 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: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results.
분석 기사 • Sep 26Market Participants Recognise Jiangsu Hoperun Software Co., Ltd.'s (SZSE:300339) Revenues Pushing Shares 27% HigherJiangsu Hoperun Software Co., Ltd. ( SZSE:300339 ) shareholders have had their patience rewarded with a 27% share price...
Price Target Changed • Sep 10Price target decreased by 17% to CN¥23.69Down from CN¥28.50, the current price target is provided by 1 analyst. New target price is 15% above last closing price of CN¥20.58. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.31 for next year compared to CN¥0.21 last year.
Reported Earnings • Aug 27Second quarter 2024 earnings released: EPS: CN¥0.086 (vs CN¥0.05 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.086 (up from CN¥0.05 in 2Q 2023). Revenue: CN¥810.1m (up 16% from 2Q 2023). Net income: CN¥59.1m (up 36% from 2Q 2023). Profit margin: 7.3% (up from 6.2% in 2Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.
분석 기사 • Aug 07Estimating The Fair Value Of Jiangsu Hoperun Software Co., Ltd. (SZSE:300339)Key Insights Using the 2 Stage Free Cash Flow to Equity, Jiangsu Hoperun Software fair value estimate is CN¥19.25 With...
Buy Or Sell Opportunity • Jul 22Now 23% overvaluedOver the last 90 days, the stock has fallen 3.6% to CN¥20.80. The fair value is estimated to be CN¥16.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 66% in 2 years. Earnings are forecast to grow by 189% in the next 2 years.
분석 기사 • Jul 19Market Cool On Jiangsu Hoperun Software Co., Ltd.'s (SZSE:300339) RevenuesIt's not a stretch to say that Jiangsu Hoperun Software Co., Ltd.'s ( SZSE:300339 ) price-to-sales (or "P/S") ratio of...
Board Change • Jul 06Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman & CEO Hongwei Zhou is the most experienced director on the board, commencing their role in 2006. Independent Director Wanfu Li was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Buy Or Sell Opportunity • Jul 05Now 20% overvaluedOver the last 90 days, the stock has fallen 7.5% to CN¥20.40. The fair value is estimated to be CN¥16.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 66% in 2 years. Earnings are forecast to grow by 189% in the next 2 years.
분석 기사 • Jun 30Returns On Capital At Jiangsu Hoperun Software (SZSE:300339) Paint A Concerning PictureIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...
공시 • Jun 29Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024
분석 기사 • Jun 12Is Jiangsu Hoperun Software (SZSE:300339) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Major Estimate Revision • May 03Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥4.27b to CN¥3.87b. EPS estimate also fell from CN¥0.442 per share to CN¥0.38 per share. Net income forecast to grow 124% next year vs 56% growth forecast for Software industry in China. Consensus price target down from CN¥27.75 to CN¥25.90. Share price was steady at CN¥22.69 over the past week.
분석 기사 • May 01Jiangsu Hoperun Software's (SZSE:300339) Promising Earnings May Rest On Soft FoundationsDespite posting some strong earnings, the market for Jiangsu Hoperun Software Co., Ltd.'s ( SZSE:300339 ) stock hasn't...
공시 • Apr 26Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 16, 2024Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 16, 2024, at 15:00 China Standard Time. Location: West 2F, Building 2, No. 168, Ruanjian Avenue, Yuhuatai District, Nanjing, Jiangsu China
Reported Earnings • Apr 25Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.21 (up from CN¥0.13 in FY 2022). Revenue: CN¥3.11b (up 4.4% from FY 2022). Net income: CN¥163.8m (up 55% from FY 2022). Profit margin: 5.3% (up from 3.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 4.5%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
분석 기사 • Apr 17Does This Valuation Of Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) Imply Investors Are Overpaying?Key Insights Using the 2 Stage Free Cash Flow to Equity, Jiangsu Hoperun Software fair value estimate is CN¥16.22...
공시 • Mar 30Jiangsu Hoperun Software Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Jiangsu Hoperun Software Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024
분석 기사 • Mar 05Jiangsu Hoperun Software Co., Ltd.'s (SZSE:300339) P/S Is Still On The Mark Following 26% Share Price BounceThose holding Jiangsu Hoperun Software Co., Ltd. ( SZSE:300339 ) shares would be relieved that the share price has...
분석 기사 • Feb 27Here's Why Jiangsu Hoperun Software (SZSE:300339) Can Afford Some DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
공시 • Dec 30Jiangsu Hoperun Software Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024Jiangsu Hoperun Software Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024
Major Estimate Revision • Dec 02Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.43b to CN¥3.20b. EPS estimate also fell from CN¥0.203 per share to CN¥0.18 per share. Net income forecast to grow 251% next year vs 112% growth forecast for Software industry in China. Consensus price target down from CN¥26.15 to CN¥23.30. Share price rose 6.3% to CN¥28.23 over the past week.
Major Estimate Revision • Oct 30Consensus EPS estimates fall by 47%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.81b to CN¥3.43b. EPS estimate also fell from CN¥0.38 per share to CN¥0.203 per share. Net income forecast to grow 311% next year vs 92% growth forecast for Software industry in China. Consensus price target down from CN¥29.63 to CN¥26.15. Share price rose 7.9% to CN¥26.23 over the past week.
Board Change • Oct 26Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wanfu Li was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Price Target Changed • Oct 24Price target decreased by 10% to CN¥26.15Down from CN¥29.12, the current price target is provided by 1 analyst. New target price is 13% above last closing price of CN¥23.14. Stock is up 30% over the past year. The company is forecast to post earnings per share of CN¥0.38 for next year compared to CN¥0.13 last year.
Reported Earnings • Oct 24Third quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.041 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.041 in 3Q 2022). Revenue: CN¥726.5m (flat on 3Q 2022). Net income: CN¥18.5m (down 46% from 3Q 2022). Profit margin: 2.5% (down from 4.7% in 3Q 2022). Revenue is forecast to grow 42% 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 increased by 84% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Oct 19Now 21% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be CN¥33.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 128% in 2 years. Earnings is forecast to grow by 650% in the next 2 years.
New Risk • Oct 10New 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 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin).
공시 • Sep 30Jiangsu Hoperun Software Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023Jiangsu Hoperun Software Co., Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023
New Risk • Aug 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin).
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.07 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.05 (down from CN¥0.07 in 2Q 2022). Revenue: CN¥698.2m (down 11% from 2Q 2022). Net income: CN¥43.4m (down 22% from 2Q 2022). Profit margin: 6.2% (down from 7.1% in 2Q 2022). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
공시 • Jul 01Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2023 Results on Aug 16, 2023Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2023 results on Aug 16, 2023
Major Estimate Revision • Jun 16Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.24b to CN¥3.81b. EPS estimate unchanged at CN¥0.38 per share. Net income forecast to grow 232% next year vs 75% growth forecast for Software industry in China. Consensus price target broadly unchanged at CN¥29.63. Share price was steady at CN¥25.31 over the past week.
Reported Earnings • Apr 23First quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.04 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.05 (up from CN¥0.04 in 1Q 2022). Revenue: CN¥737.1m (up 5.1% from 1Q 2022). Net income: CN¥36.3m (up 15% from 1Q 2022). Profit margin: 4.9% (up from 4.5% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 45% 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 increased by 117% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 01High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Yang Hai was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Feb 07Price target increased by 37% to CN¥29.12Up from CN¥21.20, the current price target is provided by 1 analyst. New target price is 8.5% above last closing price of CN¥26.85. Stock is up 38% over the past year. The company is forecast to post earnings per share of CN¥0.23 for next year compared to CN¥0.23 last year.
공시 • Jan 13Nanjing Hehu Zhilian Digital Technology Partnership (Limited Partnership) agreed to acquire 20% stake in Jiangsu Runkaihong Digital Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for CNY 0Nanjing Hehu Zhilian Digital Technology Partnership (Limited Partnership) agreed to acquire 20% stake in Jiangsu Runkaihong Digital Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for CNY 0 on January 11, 2023. The board of directors of Jiangsu Hoperun Software approved the transaction.
Major Estimate Revision • Jan 04Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥3.26b to CN¥3.17b. EPS estimate also fell from CN¥0.26 per share to CN¥0.23 per share. Net income forecast to grow 32% next year vs 72% growth forecast for Software industry in China. Consensus price target down from CN¥22.70 to CN¥21.20. Share price rose 3.8% to CN¥19.71 over the past week.
Buying Opportunity • Dec 20Now 20% undervaluedOver the last 90 days, the stock is up 1.0%. The fair value is estimated to be CN¥22.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 96% in 2 years. Earnings is forecast to grow by 192% in the next 2 years.
Buying Opportunity • Nov 22Now 20% undervaluedOver the last 90 days, the stock is up 3.8%. The fair value is estimated to be CN¥24.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 96% in 2 years. Earnings is forecast to grow by 192% in the next 2 years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Weidong Li was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Nov 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.8%. The fair value is estimated to be CN¥24.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 86%. Revenue is forecast to grow by 96% in 2 years. Earnings is forecast to grow by 192% in the next 2 years.
Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.041 (vs CN¥0.06 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.041 (down from CN¥0.06 in 3Q 2021). Revenue: CN¥731.0m (up 7.0% from 3Q 2021). Net income: CN¥34.2m (down 25% from 3Q 2021). Profit margin: 4.7% (down from 6.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% 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 increased by 86% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥18.39, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 35% over the past three years.
Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.067 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.067 in 2Q 2021). Revenue: CN¥782.2m (up 28% from 2Q 2021). Net income: CN¥55.5m (up 36% from 2Q 2021). Profit margin: 7.1% (up from 6.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 29%, compared to a 31% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Board Change • Aug 19Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Weidong Li was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Jun 09Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be CN¥22.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 78% in a year. Earnings is forecast to grow by 121% in the next year.
Price Target Changed • Apr 27Price target increased to CN¥21.40Up from CN¥19.20, the current price target is provided by 1 analyst. New target price is 58% above last closing price of CN¥13.55. Stock is up 43% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.23 last year.
Board Change • Apr 27Less 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. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Non-Independent Director Chen Bin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 13Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 05, 2022Jiangsu Hoperun Software Co., Ltd., Annual General Meeting, May 05, 2022, at 15:00 China Standard Time. Agenda: To consider and discuss about 2021 work report of the board of directors, 2021 work report of the supervisory committee, 2021 annual report and its summary, 2021 annual accounts, 2021 profit distribution plan, reappointment of 2022 audit firm, 2022 remuneration (allowance) for directors, 2022 remuneration (allowance) for supervisors, 2022 application for comprehensive credit line to banks by the Company and subsidiaries, provision of guarantee for the bank comprehensive credit line applied for by subsidiaries, change of the Company's business scope and amendments to the Company's articles of association and thereof.
Reported Earnings • Apr 12Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.23 (up from CN¥0.21 in FY 2020). Revenue: CN¥2.76b (up 11% from FY 2020). Net income: CN¥176.2m (up 5.5% from FY 2020). Profit margin: 6.4% (down from 6.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 65%, compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.06 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥683.1m (up 14% from 3Q 2020). Net income: CN¥45.7m (down 4.8% from 3Q 2020). Profit margin: 6.7% (down from 8.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
공시 • Sep 02Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) agreed to acquire Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd., Jiangsu Runlian Information Technology Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. from Jiangsu Runhe Science and Technology Investment Co., Ltd. and Nanjing Runhong Real Estate Co., Ltd. for approximately CNY 520 million.Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) agreed to acquire Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd., Jiangsu Runlian Information Technology Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. from Jiangsu Runhe Science and Technology Investment Co., Ltd. and Nanjing Runhong Real Estate Co., Ltd. for approximately CNY 520 million on August 31, 2021. Jiangsu Hoperun Software Co., Ltd. shall pay 40% of consideration within 30 working days of signing of agreement while remaining 60% payable within 30 working days after completion. As per the transaction, Jiangsu Hoperun Software Co., Ltd. will acquire Jiangsu Runlian Information Technology Co., Ltd. from Jiangsu Runhe Science and Technology Investment Co., Ltd. for CNY 162 million while Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. Nanjing Runhong Real Estate Co., Ltd. for CNY 272 million and CNY 83.5 million respectively. As of May 31, 2021, Jiangsu Hoperun Nanjing Software Outsourcing Park Real Estate Co., Ltd., Jiangsu Runlian Information Technology Co., Ltd. and Nanjing Quanchuang Information Technology Co., Ltd. has reported total assets of CNY 168.9 million, CNY 157.9 million and CNY 99.16 million while net assets are CNY 159.44 million, CNY 83.28 million and CNY 55.75 million. The Board of Directors of Jiangsu Hoperun Software Co., Ltd. has approved the transaction.
Reported Earnings • Aug 20Second quarter 2021 earnings released: EPS CN¥0.067 (vs CN¥0.12 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥613.0m (up 5.0% from 2Q 2020). Net income: CN¥40.8m (down 32% from 2Q 2020). Profit margin: 6.6% (down from 10% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings.
공시 • Jun 16Jiangsu Hoperun Software Co., Ltd.(SZSE:300339) dropped from Shenzhen Stock Exchange Component Index98639545
Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 37% share price gain to CN¥16.53, the stock trades at a trailing P/E ratio of 68.6x. Average trailing P/E is 48x in the Software industry in China. Total returns to shareholders of 31% over the past three years.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥11.46, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 43x in the Software industry in China. Total loss to shareholders of 8.6% over the past three years.
Reported Earnings • Apr 21Full year 2020 earnings released: EPS CN¥0.21 (vs CN¥2.30 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.48b (up 17% from FY 2019). Net income: CN¥167.1m (up CN¥1.96b from FY 2019). Profit margin: 6.7% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Jan 29New 90-day low: CN¥8.81The company is down 23% from its price of CN¥11.42 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 Software industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Jan 07New 90-day low: CN¥9.13The company is down 31% from its price of CN¥13.14 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 Software industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Dec 10New 90-day low: CN¥10.11The company is down 30% from its price of CN¥14.50 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is flat over the same period.
Is New 90 Day High Low • Nov 16New 90-day low: CN¥10.91The company is down 12% from its price of CN¥12.39 on 18 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 11% over the same period.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥11.42The company is down 8.0% from its price of CN¥12.37 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 12% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥1.83b, with earnings decreasing by CN¥2.11b from the prior year. Total revenue was CN¥2.21b over the last 12 months, down 3.0% from the prior year.
공시 • Sep 26Sun Bing signed the equity transfer agreement to acquire 3.8194% stake in Suzhou Bona Xundong Software Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for approximately CNY 26 million.Sun Bing signed the equity transfer agreement to acquire 3.8194% stake in Suzhou Bona Xundong Software Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for approximately CNY 26 million on September 17, 2020. Post completion, Jiangsu Hoperun Software Co., Ltd. will not hold any stake in Suzhou Bona Xundong Software Co., Ltd. The transaction was reviewed and approved at the eighth meeting of the sixth directorate of Jiangsu Hoperun Software Co., Ltd. held on September 17, 2020 and does not need to be submitted to the shareholders meeting for review.
공시 • Aug 15Service Trade Innovative Development Guidance Fund (LP), fund of China Merchants Capital Management Co., Ltd. cancelled the acquisition of 5.1% stake in Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) from Jiangsu Runhe Technology Investment Group Co., Ltd., Ningbo Hongchuang Equity Investment Partnership Enterprise (Limited Partnership), Zhou Hongwei and Yao Ning.Service Trade Innovative Development Guidance Fund (LP), fund of China Merchants Capital Management Co., Ltd. agreed to acquire 5.1% stake in Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) from Jiangsu Runhe Technology Investment Group Co., Ltd., Ningbo Hongchuang Equity Investment Partnership Enterprise (Limited Partnership), Zhou Hongwei and Yao Ning for approximately CNY 490 million on July 16, 2019. Upon completion, Jiangsu Runhe Technology Investment Group Co., Ltd., Ningbo Hongchuang Equity Investment Partnership Enterprise (Limited Partnership), Zhou Hongwei, Yao Ning and Service Trade Innovation Development Guiding Fund (Limited Partnership) will hold 13.45%, 4.53%, 4.26%, 4.53 and 5.13% stake in Jiangsu Hoperun Software Co., Ltd. Service Trade Innovation Development Guiding Fund (Limited Partnership) will acquire 40 million shares at a price of CNY 12.19 per share. Service Trade Innovative Development Guidance Fund (LP), fund of China Merchants Capital Management Co., Ltd. cancelled the acquisition of 5.1% stake in Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) from Jiangsu Runhe Technology Investment Group Co., Ltd., Ningbo Hongchuang Equity Investment Partnership Enterprise (Limited Partnership), Zhou Hongwei and Yao Ning on July 16, 2020.
공시 • Jul 31Nanjing Runchuang Information Technology Partnership (Limited Partnership) cancelled the acquisition of 35.75% stake in Nanjing Runchen Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339).Nanjing Runchuang Information Technology Partnership (Limited Partnership) signed an equity transfer agreement to acquire 35.75% stake in Nanjing Runchen Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) for CNY 2.5 million on April 11, 2019. In a related transaction, Jiangsu Hoperun will also transfer the capital contribution obligation that has been subscribed but has not yet paid which is CNY 8.25 million to Nanjing Runchuang. After the completion of the transaction, Jiangsu Hoperun will hold 19.25% of the equity of Nanjing Runchen Technology. For the year ended December 2018, Nanjing Runchen Technology had total assets of CNY 7.5 million, net assets of CNY 6 million, revenues of CNY 2.7 million, operating loss and net loss of CNY 0.01 million. The transaction has been approved by Shenzhen Stock Exchange GEM Listing Rules and Articles of Association and is subject to approval of Jiangsu Hoperun's Board of Directors. Nanjing Runchuang Information Technology Partnership (Limited Partnership) cancelled the acquisition of 35.75% stake in Nanjing Runchen Technology Co., Ltd. from Jiangsu Hoperun Software Co., Ltd. (SZSE:300339) on April 11, 2020.
공시 • Jul 19Jiangsu Hoperun Software Co., Ltd. to Report First Half, 2020 Results on Aug 12, 2020Jiangsu Hoperun Software Co., Ltd. announced that they will report first half, 2020 results on Aug 12, 2020