공지 • Apr 28
Kyland Technology Co., Ltd., Annual General Meeting, May 20, 2026 Kyland Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: 15F, Building 2, Yard No. 30, Shixing Avenue, Shijingshan District, Beijing China 공지 • Mar 31
Kyland Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Kyland Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 공지 • Dec 31
Kyland Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Kyland Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 공지 • Sep 30
Kyland Technology Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 Kyland Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 공지 • Jul 02
Kyland Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Kyland Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 공지 • Mar 31
Kyland Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Kyland Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 공지 • Mar 04
Kyland Technology Co., Ltd., Annual General Meeting, Mar 24, 2025 Kyland Technology Co., Ltd., Annual General Meeting, Mar 24, 2025, at 14:30 China Standard Time. Location: 15F, Building 2, Yard No. 30, Shixing Avenue, Shijingshan District, Beijing China 공지 • Feb 07
Kyland Technology Co., Ltd. Announces Board Elections Kyland Technology Co., Ltd. approved election of Zhou Liuzheng as non-independent director and Sun Dianyi and Qi Huaijin as independent directors, at its EGM held on 05 February 2025. 공지 • Dec 31
Kyland Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 03, 2025 Kyland Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 03, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥13.51, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 32x in the Communications industry in China. Total returns to shareholders of 46% over the past three years. Reported Earnings • Oct 25
Third quarter 2024 earnings released: CN¥0.09 loss per share (vs CN¥0.073 loss in 3Q 2023) Third quarter 2024 results: CN¥0.09 loss per share (further deteriorated from CN¥0.073 loss in 3Q 2023). Revenue: CN¥147.3m (down 38% from 3Q 2023). Net loss: CN¥57.1m (loss widened 28% from 3Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥11.34, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 28x in the Communications industry in China. Total returns to shareholders of 23% over the past three years. 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 8.9% 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 (8.9% average weekly change). Earnings are forecast to decline by an average of 8.0% per year for the foreseeable future. High level of non-cash earnings (26% accrual ratio). 공지 • Sep 30
Kyland Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Kyland Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥9.25, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the Communications industry in China. Total returns to shareholders of 1.8% over the past three years. 공지 • Sep 11
Kyland Technology Co., Ltd. (SZSE:300353) agreed to acquire an additional 7.62% stake in Neuron Information Technology (Chengdu) Co., Ltd. from Ningbo Huikai Venture Capital Partnership (Limited Partnership), managed by Beijing Zhonghai Changyi Investment Management Center (Limited Partnership) and Beijing Zhonghai Venture Capital Investment Co., Ltd. for CNY 200 million. Kyland Technology Co., Ltd. (SZSE:300353) agreed to acquire an additional 7.62% stake in Neuron Information Technology (Chengdu) Co., Ltd. from Ningbo Huikai Venture Capital Partnership (Limited Partnership), managed by Beijing Zhonghai Changyi Investment Management Center (Limited Partnership) and Beijing Zhonghai Venture Capital Investment Co., Ltd. for CNY 200 million on September 6, 2024. A cash consideration of CNY 200 million will be paid by Kyland Technology Co., Ltd. As part of consideration, CNY 200 million is paid towards common equity of Neuron Information Technology (Chengdu) Co., Ltd. Upon completion, Kyland Technology Co., Ltd. will own 18.66% stake in Neuron Information Technology (Chengdu) Co., Ltd. The transaction will be financed through equity investment of CNY 200 million.
As of June 30, 2024, Neuron Information Technology (Chengdu) Co., Ltd. reported total assets of CNY 294.45 million and total common equity of CNY 102.4 million. Reported Earnings • Aug 22
Second quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.096 loss in 2Q 2023) Second quarter 2024 results: CN¥0.006 loss per share (improved from CN¥0.096 loss in 2Q 2023). Revenue: CN¥284.3m (up 20% from 2Q 2023). Net loss: CN¥4.01m (loss narrowed 92% from 2Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥7.74, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Communications industry in China. Total loss to shareholders of 25% over the past three years. 공지 • Jun 29
Kyland Technology Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024 Kyland Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024 공지 • May 29
Hangzhou Heying No. 2 Enterprise Management Partnership Enterprise (Limited Partnership) completed the acquisition of 3.55% stake in Kyland Technology Co., Ltd. (SZSE:300353) from Li Ping. Hangzhou Heying No. 2 Enterprise Management Partnership Enterprise (Limited Partnership) agreed to acquire 3.55% stake in Kyland Technology Co., Ltd. (SZSE:300353) from Li Ping for CNY 120 million on March 20, 2024.Hangzhou Heying No. 2 Enterprise Management Partnership Enterprise (Limited Partnership) completed the acquisition of 3.55% stake in Kyland Technology Co., Ltd. (SZSE:300353) from Li Ping on May 27, 2024. New Risk • Apr 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 19% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 19% per year for the foreseeable future. High level of non-cash earnings (28% accrual ratio). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). 공지 • Apr 23
Kyland Technology Co., Ltd., Annual General Meeting, May 16, 2024 Kyland Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: 15F, Building 2, Yard No. 30, Shixing Avenue, Shijingshan District, Beijing China 공지 • Mar 30
Kyland Technology Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Kyland Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 공지 • Dec 30
Kyland Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Kyland Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: CN¥0.073 loss per share (vs CN¥0.054 profit in 3Q 2022) Third quarter 2023 results: CN¥0.073 loss per share (down from CN¥0.054 profit in 3Q 2022). Revenue: CN¥237.3m (down 8.0% from 3Q 2022). Net loss: CN¥44.7m (down 254% from profit in 3Q 2022). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.096 loss per share (vs CN¥0.04 loss in 2Q 2022) Second quarter 2023 results: CN¥0.096 loss per share (further deteriorated from CN¥0.04 loss in 2Q 2022). Revenue: CN¥236.9m (up 6.4% from 2Q 2022). Net loss: CN¥50.1m (loss widened 138% from 2Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 26
First quarter 2023 earnings released: CN¥0.11 loss per share (vs CN¥0.12 loss in 1Q 2022) First quarter 2023 results: CN¥0.11 loss per share (improved from CN¥0.12 loss in 1Q 2022). Revenue: CN¥174.4m (up 73% from 1Q 2022). Net loss: CN¥60.8m (loss narrowed 6.9% from 1Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hongke Zhang 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. Lack of board continuity. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.054 (vs CN¥0.018 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.054 (up from CN¥0.018 loss in 3Q 2021). Revenue: CN¥258.1m (up 34% from 3Q 2021). Net income: CN¥29.0m (up CN¥38.2m from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.04 loss per share (vs CN¥0.011 profit in 2Q 2021) Second quarter 2022 results: CN¥0.04 loss per share (down from CN¥0.011 profit in 2Q 2021). Revenue: CN¥222.6m (up 16% from 2Q 2021). Net loss: CN¥21.1m (down 464% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 69%, compared to a 33% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 14% per year. Reported Earnings • Apr 28
First quarter 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.061 loss in 1Q 2021) First quarter 2022 results: CN¥0.12 loss per share (down from CN¥0.061 loss in 1Q 2021). Revenue: CN¥100.8m (down 42% from 1Q 2021). Net loss: CN¥65.3m (loss widened 109% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Xiaoteng Yang 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 26
Third quarter 2021 earnings released: CN¥0.018 loss per share (vs CN¥0.022 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CN¥192.2m (up 15% from 3Q 2020). Net loss: CN¥9.24m (loss narrowed 16% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥0.011 (vs CN¥0.026 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥191.2m (up 4.3% from 2Q 2020). Net income: CN¥5.79m (up CN¥18.8m from 2Q 2020). Profit margin: 3.0% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥7.61 The company is down 36% from its price of CN¥11.89 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥9.08 The company is down 24% from its price of CN¥11.90 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥10.39 The company is down 9.0% from its price of CN¥11.48 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 5.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day low: CN¥11.12 The company is down 10.0% from its price of CN¥12.37 on 13 August 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥636.2m, with earnings decreasing by CN¥800.3m from the prior year. Total revenue was CN¥768.2m over the last 12 months, down 13% from the prior year.