Board Change • Jul 08
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Independnet Director Baoan Guo 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 • Jun 29
Beijing Zuojiang Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Beijing Zuojiang Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 공시 • Apr 30
Beijing Zuojiang Technology Co., Ltd., Annual General Meeting, Jun 28, 2024 Beijing Zuojiang Technology Co., Ltd., Annual General Meeting, Jun 28, 2024, at 14:00 China Standard Time. Location: 3F, Building 23, Yard No. 1, Gaolizhang Road, Haidian District, Beijing China Reported Earnings • Apr 29
First quarter 2024 earnings released: CN¥0.38 loss per share (vs CN¥0.30 loss in 1Q 2023) First quarter 2024 results: CN¥0.38 loss per share (further deteriorated from CN¥0.30 loss in 1Q 2023). Net loss: CN¥39.2m (loss widened 30% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. 공시 • Mar 30
Beijing Zuojiang Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Beijing Zuojiang Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 공시 • Dec 29
Beijing Zuojiang Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024 Beijing Zuojiang Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024 New Risk • Nov 20
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 6.5% 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 Risk Earnings have declined by 68% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Reported Earnings • Oct 25
Third quarter 2023 earnings released: CN¥0.36 loss per share (vs CN¥0.21 loss in 3Q 2022) Third quarter 2023 results: CN¥0.36 loss per share (further deteriorated from CN¥0.21 loss in 3Q 2022). Net loss: CN¥36.4m (loss widened 71% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 158 percentage points per year, which is a significant difference in performance. 공시 • Sep 30
Beijing Zuojiang Technology Co., Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Beijing Zuojiang Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.30 loss per share (vs CN¥0.28 loss in 2Q 2022) Second quarter 2023 results: CN¥0.30 loss per share (further deteriorated from CN¥0.28 loss in 2Q 2022). Net loss: CN¥30.7m (loss widened 8.0% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 168 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 25
Third quarter 2022 earnings released: CN¥0.21 loss per share (vs CN¥0.048 profit in 3Q 2021) Third quarter 2022 results: CN¥0.21 loss per share (down from CN¥0.048 profit in 3Q 2021). Net loss: CN¥21.3m (down CN¥26.2m from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.28 loss per share (vs CN¥0.032 loss in 2Q 2021) Second quarter 2022 results: CN¥0.28 loss per share (down from CN¥0.032 loss in 2Q 2021). Revenue: CN¥18.2m (down 41% from 2Q 2021). Net loss: CN¥28.5m (loss widened CN¥25.2m from 2Q 2021). 공시 • Jul 06
Beijing Zuojiang Technology Co., Ltd. Announces Final Dividend on Share A for 2021, Payable on July 11, 2022 Beijing Zuojiang Technology Co., Ltd. announced Cash dividend/10 shares (tax included): CNY0.10000000 on share A for 2021. Record date: 08 July 2022, Ex-date: 11 July 2022 and Payment date: 11 July 2022. 공시 • Jun 04
Beijing Zuojiang Technology Co., Ltd. Approves Dividend for the 2021 Beijing Zuojiang Technology Co., Ltd. held its Annual General Meeting of 2021 on 31 May 2022, during which the following proposal(s) was/were approved Cash dividend/10 shares (tax included): CNY 0.10000000. Reported Earnings • Apr 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.06 (down from CN¥0.92 in FY 2020). Revenue: CN¥118.3m (down 41% from FY 2020). Net income: CN¥5.66m (down 94% from FY 2020). Profit margin: 4.8% (down from 47% in FY 2020). Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 95%. Over the next year, revenue is forecast to grow 235%, compared to a 24% growth forecast for the industry in China. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorated over the past week After last week's 21% share price decline to CN¥69.00, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 70% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.48 per share. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥69.28, the stock trades at a trailing P/E ratio of 80x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 2.8% over the past year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.048 (vs CN¥0.23 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥29.7m (down 38% from 3Q 2020). Net income: CN¥4.89m (down 79% from 3Q 2020). Profit margin: 16% (down from 48% in 3Q 2020). Reported Earnings • Aug 19
Second quarter 2021 earnings released: CN¥0.032 loss per share (vs CN¥0.004 loss in 2Q 2020) The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥30.8m (up 49% from 2Q 2020). Net loss: CN¥3.29m (loss widened CN¥2.89m from 2Q 2020). Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥60.53, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 11% over the past year. Reported Earnings • Apr 21
First quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.046 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥40.4m (up CN¥36.2m from 1Q 2020). Net income: CN¥20.8m (up 340% from 1Q 2020). Profit margin: 52% (down from 113% in 1Q 2020). The decrease in margin was primarily driven by lower expenses. 공시 • Mar 09
Beijing Zuojiang Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 21, 2021 Beijing Zuojiang Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 21, 2021 Is New 90 Day High Low • Jan 25
New 90-day low: CN¥47.07 The company is down 14% from its price of CN¥54.66 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥54.21 The company is down 9.0% from its price of CN¥59.59 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 Electronic industry, which is up 7.0% over the same period. Valuation Update With 7 Day Price Move • Nov 03
Market bids up stock over the past week After last week's 23% share price gain to CN¥67.02, the stock is trading at a trailing P/E ratio of 71.4x, up from the previous P/E ratio of 58.3x. This compares to an average P/E of 45x in the Electronic industry in China. Total returns to shareholders over the past year are 102%. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥93.2m, up 28% from the prior year. Total revenue was CN¥197.6m over the last 12 months, up 8.5% from the prior year. Is New 90 Day High Low • Oct 16
New 90-day low: CN¥55.99 The company is down 13% from its price of CN¥64.31 on 17 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. 공시 • Aug 13
Beijing Zuojiang Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Beijing Zuojiang Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020