Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Tengjiao Wang 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. Insufficient board refreshment. 공시 • Apr 20
Dareway Intelligent Technology Co., Ltd., Annual General Meeting, May 15, 2026 Dareway Intelligent Technology Co., Ltd., Annual General Meeting, May 15, 2026, at 14:00 China Standard Time. Location: Block C, No. 1579, Wenbo Road, Zhangqiu District, Jinan, Shandong China 공시 • Mar 30
Dareway Intelligent Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Dareway Intelligent Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 공시 • Dec 26
Dareway Software Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Dareway Software Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 공시 • Sep 30
Dareway Software Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Dareway Software Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 공시 • Jun 30
Dareway Software Co.,Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Dareway Software Co.,Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 공시 • Apr 14
Dareway Software Co.,Ltd., Annual General Meeting, May 09, 2025 Dareway Software Co.,Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: Block C, No. 1579, Wenbo Road, Zhangqiu District, Jinan, Shandong China 공시 • Mar 28
Dareway Software Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Dareway Software Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 공시 • Dec 27
Dareway Software Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2025 Dareway Software Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.026 (vs CN¥0.028 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.026 (down from CN¥0.028 in 3Q 2023). Revenue: CN¥120.8m (up 20% from 3Q 2023). Net income: CN¥10.3m (down 6.7% from 3Q 2023). Profit margin: 8.5% (down from 11% in 3Q 2023). Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥9.49, the stock trades at a trailing P/E ratio of 46.4x. Average trailing P/E is 69x in the Software industry in China. Total loss to shareholders of 23% over the past year. 공시 • Sep 30
Dareway Software Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Dareway Software Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Aug 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 32% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: CN¥0.015 (vs CN¥0.015 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.015 (in line with 2Q 2023). Revenue: CN¥98.1m (down 1.8% from 2Q 2023). Net income: CN¥6.11m (up 1.0% from 2Q 2023). Profit margin: 6.2% (up from 6.1% in 2Q 2023). The increase in margin was driven by lower expenses. 공시 • Jun 29
Dareway Software Co.,Ltd. to Report First Half, 2024 Results on Aug 07, 2024 Dareway Software Co.,Ltd. announced that they will report first half, 2024 results on Aug 07, 2024 New Risk • Apr 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.15 in FY 2022) Full year 2023 results: EPS: CN¥0.20 (up from CN¥0.15 in FY 2022). Revenue: CN¥537.7m (up 19% from FY 2022). Net income: CN¥81.2m (up 31% from FY 2022). Profit margin: 15% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. 공시 • Apr 13
Dareway Software Co.,Ltd., Annual General Meeting, May 10, 2024 Dareway Software Co.,Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. 공시 • Mar 29
Dareway Software Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Dareway Software Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥8.39, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 62x in the Software industry in China. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.028 (vs CN¥0.094 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.028 (down from CN¥0.094 in 3Q 2022). Revenue: CN¥100.5m (down 36% from 3Q 2022). Net income: CN¥11.0m (down 71% from 3Q 2022). Profit margin: 11% (down from 24% in 3Q 2022). Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥15.56, the stock trades at a trailing P/E ratio of 65.5x. Average trailing P/E is 73x in the Software industry in China. Reported Earnings • Jul 31
Second quarter 2023 earnings released: EPS: CN¥0.015 (vs CN¥0.011 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.015 (up from CN¥0.011 loss in 2Q 2022). Revenue: CN¥99.8m (up 57% from 2Q 2022). Net income: CN¥6.05m (up CN¥10.6m from 2Q 2022). Profit margin: 6.1% (up from net loss in 2Q 2022). Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥13.80, the stock trades at a trailing P/E ratio of 65.4x. Average trailing P/E is 78x in the Software industry in China. Board Change • Jun 15
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 Ming Bai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.