Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Hong Qu 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. 공시 • Apr 29
Troy Information Technology Co., Ltd., Annual General Meeting, May 19, 2026 Troy Information Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China 공시 • Mar 31
Troy Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Troy Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 공시 • Dec 31
Troy Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Troy Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 공시 • Sep 30
Troy Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Troy Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 공시 • Jul 02
Troy Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Troy Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 공시 • Apr 29
Troy Information Technology Co., Ltd., Annual General Meeting, May 20, 2025 Troy Information Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. 공시 • Mar 31
Troy Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Troy Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 공시 • Dec 31
Troy Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Troy Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.078 loss in 3Q 2023) Third quarter 2024 results: CN¥0.13 loss per share (further deteriorated from CN¥0.078 loss in 3Q 2023). Revenue: CN¥152.5m (down 51% from 3Q 2023). Net loss: CN¥77.7m (loss widened 69% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Oct 09
Now 20% undervalued Over the last 90 days, the stock has risen 51% to CN¥10.86. The fair value is estimated to be CN¥13.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has grown by 10%. New Risk • Sep 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Earnings have declined by 6.9% per year over the past 5 years. 공시 • Sep 30
Troy Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Troy Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.091 loss per share (vs CN¥0.026 loss in 2Q 2023) Second quarter 2024 results: CN¥0.091 loss per share (further deteriorated from CN¥0.026 loss in 2Q 2023). Revenue: CN¥314.6m (up 7.1% from 2Q 2023). Net loss: CN¥54.4m (loss widened 257% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. 공시 • Jun 29
Troy Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Troy Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 공시 • Apr 29
Troy Information Technology Co., Ltd., Annual General Meeting, May 20, 2024 Troy Information Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China Reported Earnings • Apr 27
Full year 2023 earnings released: CN¥0.79 loss per share (vs CN¥0.065 loss in FY 2022) Full year 2023 results: CN¥0.79 loss per share (further deteriorated from CN¥0.065 loss in FY 2022). Revenue: CN¥1.67b (down 24% from FY 2022). Net loss: CN¥474.5m (loss widened CN¥435.5m from FY 2022). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. 공시 • Mar 30
Troy Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Troy Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 공시 • Dec 29
Troy Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Troy Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: CN¥0.078 loss per share (vs CN¥0.059 loss in 3Q 2022) Third quarter 2023 results: CN¥0.078 loss per share (further deteriorated from CN¥0.059 loss in 3Q 2022). Revenue: CN¥312.7m (down 28% from 3Q 2022). Net loss: CN¥46.1m (loss widened 30% from 3Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. 공시 • Sep 30
Troy Information Technology Co., Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Troy Information Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 New Risk • Aug 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.2% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥703m free cash flow). Share price has been highly volatile over the past 3 months (8.2% average weekly change). Reported Earnings • Aug 24
Second quarter 2023 earnings released: CN¥0.026 loss per share (vs CN¥0.052 loss in 2Q 2022) Second quarter 2023 results: CN¥0.026 loss per share (improved from CN¥0.052 loss in 2Q 2022). Revenue: CN¥293.7m (up 16% from 2Q 2022). Net loss: CN¥15.3m (loss narrowed 50% from 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. 공시 • Jul 01
Troy Information Technology Co., Ltd. Approves Board Elections Troy Information Technology Co., Ltd. at its EGM held on 29 June 2023 approved election of Liu Jie as non-independent directors and Ma Hua and Qu Hong as independent directors. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.055 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.041 (down from CN¥0.055 in 1Q 2022). Revenue: CN¥493.6m (up 31% from 1Q 2022). Net income: CN¥24.8m (down 25% from 1Q 2022). Profit margin: 5.0% (down from 8.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xue Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2022 earnings released: CN¥0.059 loss per share (vs CN¥0.005 profit in 3Q 2021) Third quarter 2022 results: CN¥0.059 loss per share (down from CN¥0.005 profit in 3Q 2021). Revenue: CN¥435.7m (up 12% from 3Q 2021). Net loss: CN¥35.6m (down CN¥38.0m from profit in 3Q 2021). Reported Earnings • Aug 24
Second quarter 2022 earnings released: CN¥0.052 loss per share (vs CN¥0.028 profit in 2Q 2021) Second quarter 2022 results: CN¥0.052 loss per share (down from CN¥0.028 profit in 2Q 2021). Revenue: CN¥253.7m (down 46% from 2Q 2021). Net loss: CN¥30.2m (down 310% from profit in 2Q 2021). Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xue Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xue Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.005 (vs CN¥0.06 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥388.2m (down 33% from 3Q 2020). Net income: CN¥2.32m (down 93% from 3Q 2020). Profit margin: 0.6% (down from 5.4% in 3Q 2020). Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.028 (vs CN¥0.08 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¥468.2m (up 18% from 2Q 2020). Net income: CN¥14.4m (down 65% from 2Q 2020). Profit margin: 3.1% (down from 10% in 2Q 2020). Reported Earnings • Apr 20
Full year 2020 earnings released: CN¥1.50 loss per share (vs CN¥0.23 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CN¥2.01b (up 1.8% from FY 2019). Net loss: CN¥779.7m (down CN¥898.1m from profit in FY 2019).