공지 • Apr 11
Range Intelligent Computing Technology Group Company Limited, Annual General Meeting, May 08, 2026 Range Intelligent Computing Technology Group Company Limited, Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. 공지 • Jun 12
Range Intelligent Computing Technology Group Company Limited Approves Election of Chen Jing as Independent Director Range Intelligent Computing Technology Group Company Limited at its 1st Extraordinary General Meeting of 2025, held on 10 June 2025, approved election of Chen Jing as independent director. 공지 • May 22
Range Intelligent Computing Technology Group Company Limited Approves Cash Dividend for 2024 Range Intelligent Computing Technology Group Company Limited at its Annual General Meeting of 2024 on 20 May 2025 approved Cash dividend/10 shares (tax included): CNY 1.28800000. 공지 • Apr 30
Range Intelligent Computing Technology Group Company Limited, Annual General Meeting, May 20, 2025 Range Intelligent Computing Technology Group Company Limited, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.25 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.32 (up from CN¥0.25 in 3Q 2023). Revenue: CN¥2.84b (up 184% from 3Q 2023). Net income: CN¥547.2m (up 31% from 3Q 2023). Profit margin: 19% (down from 42% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥30.79, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 29x in the IT industry in China. Total returns to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥58.21 per share. New Risk • Sep 30
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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.1% operating cash flow to total debt). High level of non-cash earnings (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥27.47, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the IT industry in China. Total returns to shareholders of 15% over the past year. Declared Dividend • Sep 28
First half dividend increased to CN¥0.40 Dividend of CN¥0.40 is 2.4% higher than last year. Ex-date: 10th October 2024 Payment date: 10th October 2024 Dividend yield will be 1.9%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (45% 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 decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 119% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공지 • Sep 28
Range Intelligent Computing Technology Group Company Limited Announces Interim Profit Distribution Plan to Be Implemented on A Shares for the Year 2024, Payable on 10 October 2024 Range Intelligent Computing Technology Group Company Limited announced interim profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 3.99500000 for the year 2024, payable on 10 October 2024. Record date is 09 October 2024. Ex-date is 10 October 2024. 공지 • Aug 24
Range Intelligent Computing Technology Group Company Limited Proposes Dividend for the First Half of 2024 Range Intelligent Computing Technology Group Company Limited proposed Cash dividend/10 shares (tax included): CNY 3.99500000 for the first half of 2024. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.21 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.21 in 2Q 2023). Revenue: CN¥2.33b (up 167% from 2Q 2023). Net income: CN¥492.3m (up 32% from 2Q 2023). Profit margin: 21% (down from 43% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in China. 공지 • May 25
Range Intelligent Computing Technology Group Company Limited Approves 2023 Profit Distribution Plan Range Intelligent Computing Technology Group Company Limited held its Annual General Meeting of 2023 on 22 May 2024, and approved 2023 profit distribution plan Cash dividend/10 shares (tax included): CNY 1.27000000. New Risk • Apr 19
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). High level of non-cash earnings (42% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Apr 19
Full year 2023 earnings released: EPS: CN¥1.03 (vs CN¥0.87 in FY 2022) Full year 2023 results: EPS: CN¥1.03 (up from CN¥0.87 in FY 2022). Revenue: CN¥4.35b (up 60% from FY 2022). Net income: CN¥1.76b (up 47% from FY 2022). Profit margin: 41% (down from 44% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 20% growth forecast for the IT industry in China. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥30.72, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the IT industry in China. Total loss to shareholders of 20% over the past year. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥28.11, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Machinery industry in China. Total loss to shareholders of 27% over the past year. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.30 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.25. Revenue: CN¥998.2m (up 39% from 3Q 2022). Net income: CN¥418.0m (up 21% from 3Q 2022). Profit margin: 42% (down from 48% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in China. 공지 • Sep 28
Range Idata Tech Group Company Limited Announces Interim Distribution Plan to Be Implemented (A Shares) for 2023, Payable on 11 October 2023 Range iData Tech Group Company Limited announced interim cash dividend/10 shares (tax included) of CNY3.90000000 on A shares for the year 2023. Record date is 10 October 2023. Ex-date is 11 October 2023. Payment date is 11 October 2023. 공지 • Sep 21
Range iData Tech Group Company Limited Approves Interim Profit Distribution Plan for 2023 Range iData Tech Group Company Limited held its 2nd Extraordinary General Meeting of 2023 on 19 September 2023 were approved 2023 interim profit distribution plan; Cash dividend/10 shares (tax included): CNY 3.90000000. 공지 • Aug 29
Range iData Tech Group Company Limited Proposes Interim Cash Dividend for the First Half of 2023 Range iData Tech Group Company Limited proposed interim cash dividend/10 shares (tax included) of CNY 3.90000000 for the first half of 2023. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.20 in 2Q 2022). Revenue: CN¥874.2m (up 33% from 2Q 2022). Net income: CN¥372.5m (up 44% from 2Q 2022). Profit margin: 43% (up from 39% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. New Risk • Aug 17
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: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). High level of non-cash earnings (41% accrual ratio). 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). Shareholders have been diluted in the past year (16% increase in shares outstanding). Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥22.93, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Machinery industry in China. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥60.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Machinery industry in China. Reported Earnings • Apr 23
First quarter 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.17 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.36 (up from CN¥0.17 loss in 1Q 2022). Revenue: CN¥808.5m (up CN¥728.6m from 1Q 2022). Net income: CN¥329.8m (up CN¥346.6m from 1Q 2022). Profit margin: 41% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Machinery industry in China. Board Change • Mar 14
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 1 experienced director. No highly experienced directors. Supervisor Lei Wan is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.