공시 • Apr 24
Zhongzheng Qianyuan Kangqi No. 1 Private Securities Investment Fund managed by Zhongzheng Qianyuan Capital Management Co., Ltd. cancelled the acquisition of 5.98% stake in Northking Information Technology Co., Ltd. (SZSE:002987) from Lhasa Yongdao Investment Management Co., Ltd. Zhongzheng Qianyuan Kangqi No. 1 Private Securities Investment Fund managed by Zhongzheng Qianyuan Capital Management Co., Ltd. agreed to acquire 5.98% stake in Northking Information Technology Co., Ltd. (SZSE:002987) from Lhasa Yongdao Investment Management Co., Ltd. for approximately CNY 480 million on November 4, 2024. The shares will be acquired at CNY 12.92 per share.
Zhongzheng Qianyuan Kangqi No. 1 Private Securities Investment Fund managed by Zhongzheng Qianyuan Capital Management Co., Ltd. cancelled the acquisition of 5.98% stake in Northking Information Technology Co., Ltd. (SZSE:002987) from Lhasa Yongdao Investment Management Co., Ltd. on April 23, 2026. 공시 • Apr 20
Northking Information Technology Co., Ltd., Annual General Meeting, May 11, 2026 Northking Information Technology Co., Ltd., Annual General Meeting, May 11, 2026, at 14:30 China Standard Time. Location: 7F, No. 25, Xisanhuan North Road, Haidian District, Beijing China 공시 • Mar 31
Northking Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Northking Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 공시 • Dec 31
Northking Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Northking Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 공시 • Sep 30
Northking Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Northking Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 공시 • Jul 02
Northking Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 18, 2025 Northking Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 18, 2025 공시 • Apr 15
Northking Information Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Northking Information Technology Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 2.50000000 for the year 2024. 공시 • Apr 14
Northking Information Technology Co., Ltd., Annual General Meeting, May 06, 2025 Northking Information Technology Co., Ltd., Annual General Meeting, May 06, 2025, at 14:30 China Standard Time. Location: 7F, No. 25, Xisanhuan North Road, Haidian District, Beijing China 공시 • Mar 31
Northking Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Northking Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 공시 • Dec 31
Northking Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2025 Northking Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2025 Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.16 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.19 (up from CN¥0.16 in 3Q 2023). Revenue: CN¥1.19b (up 8.5% from 3Q 2023). Net income: CN¥105.6m (up 7.2% from 3Q 2023). Profit margin: 8.9% (down from 9.0% in 3Q 2023). 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 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥16.65, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 29x in the IT industry in China. Total returns to shareholders of 80% over the past three years. 공시 • Sep 30
Northking Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Northking Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥12.89, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the IT industry in China. Total returns to shareholders of 39% over the past three years. New Risk • Sep 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥10.55, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the IT industry in China. Total loss to shareholders of 1.3% over the past three years. 공시 • Jun 29
Northking Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 26, 2024 Northking Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 26, 2024 Declared Dividend • May 12
Dividend of CN¥0.17 announced Shareholders will receive a dividend of CN¥0.17. Ex-date: 16th May 2024 Payment date: 16th May 2024 Dividend yield will be 1.0%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 33% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • May 11
Northking Information Technology Co., Ltd. Announces Dividend Implementation of 2023 Final Profit Distribution, Payable on 16 May 2024 Northking Information Technology Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY1.70000000. Record date: 15 May 2024; Ex-date: 16 May 2024; Payment date: 16 May 2024. Reported Earnings • Apr 17
Full year 2023 earnings released: EPS: CN¥0.79 (vs CN¥0.63 in FY 2022) Full year 2023 results: EPS: CN¥0.79 (up from CN¥0.63 in FY 2022). Revenue: CN¥4.24b (up 16% from FY 2022). Net income: CN¥347.6m (up 25% from FY 2022). Profit margin: 8.2% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. 공시 • Apr 13
Northking Information Technology Co., Ltd., Annual General Meeting, May 07, 2024 Northking Information Technology Co., Ltd., Annual General Meeting, May 07, 2024, at 14:00 China Standard Time. 공시 • Mar 30
Northking Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Northking Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥12.84, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the IT industry in China. Total loss to shareholders of 42% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.50 per share. Buying Opportunity • Jan 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be CN¥20.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. 공시 • Dec 30
Northking Information Technology Co., Ltd. Approves Management Elections Northking Information Technology Co., Ltd. at its Extraordinary General Meeting held on 28 December 2023 approved the election of Liu Haining and Fan Meizhu as non-independent director. The company approved the election of Qu Jianyao as independent director. The company approved the election of Wang Yan and Yu Xin as shareholder supervisor. 공시 • Dec 29
Northking Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024 Northking Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2024 New Risk • Nov 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Buying Opportunity • Sep 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be CN¥24.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings is also forecast to grow by 19% per annum over the same time period. Buying Opportunity • Aug 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be CN¥27.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings is also forecast to grow by 20% per annum over the same time period. Board Change • Jul 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Zhuo Gao was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.