View Future GrowthFlowing Cloud Technology 과거 순이익 실적과거 기준 점검 0/6Flowing Cloud Technology 의 수입은 연평균 -44.9%의 비율로 감소해 온 반면, Media 산업은 연평균 5%의 비율로 증가했습니다. 매출은 연평균 7.8%의 비율로 증가해 왔습니다.핵심 정보-44.94%순이익 성장률-45.11%주당순이익(EPS) 성장률Media 산업 성장률9.14%매출 성장률7.80%자기자본이익률-32.98%순이익률-46.83%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Mar 27Full year 2025 earnings released: CN¥3.43 loss per share (vs CN¥0.48 loss in FY 2024)Full year 2025 results: CN¥3.43 loss per share (further deteriorated from CN¥0.48 loss in FY 2024). Revenue: CN¥783.9m (down 21% from FY 2024). Net loss: CN¥367.1m (loss widened CN¥323.4m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance.공고 • Mar 13Flowing Cloud Technology Ltd to Report Fiscal Year 2025 Results on Mar 25, 2026Flowing Cloud Technology Ltd announced that they will report fiscal year 2025 results on Mar 25, 2026Reported Earnings • Sep 02First half 2025 earnings released: CN¥0.065 loss per share (vs CN¥0.035 profit in 1H 2024)First half 2025 results: CN¥0.065 loss per share (down from CN¥0.035 profit in 1H 2024). Revenue: CN¥381.3m (down 15% from 1H 2024). Net loss: CN¥123.5m (down 295% from profit in 1H 2024).공고 • Aug 19Flowing Cloud Technology Ltd to Report First Half, 2025 Results on Aug 29, 2025Flowing Cloud Technology Ltd announced that they will report first half, 2025 results on Aug 29, 2025Reported Earnings • Apr 01Full year 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.15 profit in FY 2023)Full year 2024 results: CN¥0.024 loss per share (down from CN¥0.15 profit in FY 2023). Revenue: CN¥995.3m (down 20% from FY 2023). Net loss: CN¥43.7m (down 117% from profit in FY 2023).공고 • Mar 20Flowing Cloud Technology Ltd to Report Fiscal Year 2024 Results on Mar 31, 2025Flowing Cloud Technology Ltd announced that they will report fiscal year 2024 results on Mar 31, 2025모든 업데이트 보기Recent updates공고 • Jul 17Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 312.069024 million.Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 312.069024 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 520,115,040 Price\Range: HKD 0.6 Transaction Features: Rights OfferingReported Earnings • Mar 27Full year 2025 earnings released: CN¥3.43 loss per share (vs CN¥0.48 loss in FY 2024)Full year 2025 results: CN¥3.43 loss per share (further deteriorated from CN¥0.48 loss in FY 2024). Revenue: CN¥783.9m (down 21% from FY 2024). Net loss: CN¥367.1m (loss widened CN¥323.4m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance.공고 • Mar 26Flowing Cloud Technology Ltd, Annual General Meeting, Jun 09, 2026Flowing Cloud Technology Ltd, Annual General Meeting, Jun 09, 2026.공고 • Mar 13Flowing Cloud Technology Ltd to Report Fiscal Year 2025 Results on Mar 25, 2026Flowing Cloud Technology Ltd announced that they will report fiscal year 2025 results on Mar 25, 2026New Risk • Dec 05New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: HK$15.5m (US$1.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Market cap is less than US$10m (HK$15.5m market cap, or US$1.99m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).New Risk • Oct 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$538.3m market cap, or US$69.2m).공고 • Oct 02Flowing Cloud Technology Ltd has completed a Follow-on Equity Offering in the amount of HKD 75.416681 million.Flowing Cloud Technology Ltd has completed a Follow-on Equity Offering in the amount of HKD 75.416681 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 433,429,200 Price\Range: HKD 0.174 Discount Per Security: HKD 0.00174 Transaction Features: Subsequent Direct Listing공고 • Sep 10Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 75.416681 million.Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 75.416681 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 433,429,200 Price\Range: HKD 0.174 Discount Per Security: HKD 0.00174 Transaction Features: Subsequent Direct ListingReported Earnings • Sep 02First half 2025 earnings released: CN¥0.065 loss per share (vs CN¥0.035 profit in 1H 2024)First half 2025 results: CN¥0.065 loss per share (down from CN¥0.035 profit in 1H 2024). Revenue: CN¥381.3m (down 15% from 1H 2024). Net loss: CN¥123.5m (down 295% from profit in 1H 2024).New Risk • Aug 31New major risk - Revenue and earnings growthEarnings have declined by 25% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$502.8m market cap, or US$64.5m).공고 • Aug 19Flowing Cloud Technology Ltd to Report First Half, 2025 Results on Aug 29, 2025Flowing Cloud Technology Ltd announced that they will report first half, 2025 results on Aug 29, 2025분석 기사 • Jun 30Flowing Cloud Technology Ltd (HKG:6610) Soars 28% But It's A Story Of Risk Vs RewardThose holding Flowing Cloud Technology Ltd ( HKG:6610 ) shares would be relieved that the share price has rebounded 28...Board Change • Jun 12Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Yuelin Chen was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • May 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$520.1m market cap, or US$66.5m).공고 • May 20Flowing Cloud Technology Ltd has completed a Follow-on Equity Offering in the amount of HKD 72.561 million.Flowing Cloud Technology Ltd has completed a Follow-on Equity Offering in the amount of HKD 72.561 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 361,000,000 Price\Range: HKD 0.201 Discount Per Security: HKD 0.00201 Transaction Features: Subsequent Direct Listing공고 • May 01Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 72.561 million.Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 72.561 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 361,000,000 Price\Range: HKD 0.201 Discount Per Security: HKD 0.00201 Transaction Features: Subsequent Direct ListingReported Earnings • Apr 01Full year 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.15 profit in FY 2023)Full year 2024 results: CN¥0.024 loss per share (down from CN¥0.15 profit in FY 2023). Revenue: CN¥995.3m (down 20% from FY 2023). Net loss: CN¥43.7m (down 117% from profit in FY 2023).공고 • Mar 31Flowing Cloud Technology Ltd, Annual General Meeting, May 28, 2025Flowing Cloud Technology Ltd, Annual General Meeting, May 28, 2025.공고 • Mar 20Flowing Cloud Technology Ltd to Report Fiscal Year 2024 Results on Mar 31, 2025Flowing Cloud Technology Ltd announced that they will report fiscal year 2024 results on Mar 31, 2025공고 • Mar 03Flowing Cloud Technology Ltd Announces Board and Committees ChangesThe board (the "Board") of directors (the "Directors") of Flowing Cloud Technology Ltd. announced the following changes in the composition of the Board. Ms. Wang Beili ("Ms. Wang") has resigned as an independent non-executive Director and ceased to be the chairlady of the audit committee of the Board (the "Audit Committee"), a member of the remuneration committee of the Board (the "Remuneration Committee") and a member of the nomination committee of the Board (the "Nomination Committee") with effect from 3 March 2025, in order to devote more time to her other commitments. Ms. Wang has confirmed that she has no disagreement with the Board and there are no matters relating to her resignation that need to be brought to the attention of the shareholders of the Company (the "Shareholders") and the Stock Exchange. The Board announced that Ms. Chen Yuelin ("Ms. Chen") has been appointed as an independent non-executive Director, the chairlady of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee with effect from 3 March 2025. Ms. Chen Yuelin, aged 41, has over 17 years of experience in taxation, accounting and management. Ms. Chen served as an officer at the Beijing Municipal Tax Bureau from July 2008 to December 2016; a senior consultant at the Beijing TMT (technology, media & telecommunications) team of the taxation and legal department of Deloitte China from December 2016 to August 2018; the tax officer at Beijing Zhangzhong Financial Information Service Co. Ltd. from August 2018 to March 2020, where she was responsible for the tax work of the group's domestic and overseas companies; and the tax director at Zhongjia Xinchen Group Co. Ltd. from May 2020 to present, where she is responsible for the overall tax management of more than 300 companies under the group, providing professional support for the group's strategic decisions. Ms. Chen has been a Certified Public Accountant in China since December 2016. Ms. Chen obtained a bachelor's degree in management from Beihang University in June 2008.Recent Insider Transactions • Feb 08Senior VP & CTO recently sold HK$2.7m worth of stockOn the 4th of February, Yanhao Li sold around 9m shares on-market at roughly HK$0.29 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.New Risk • Feb 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% 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 High level of non-cash earnings (37% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$568.9m market cap, or US$73.1m).분석 기사 • Oct 09Flowing Cloud Technology's (HKG:6610) Shareholders Have More To Worry About Than Only Soft EarningsFlowing Cloud Technology Ltd's ( HKG:6610 ) stock showed strength, with investors undeterred by its weak earnings...Reported Earnings • Sep 29First half 2024 earnings released: EPS: CN¥0.035 (vs CN¥0.064 in 1H 2023)First half 2024 results: EPS: CN¥0.035 (down from CN¥0.064 in 1H 2023). Revenue: CN¥448.0m (down 25% from 1H 2023). Net income: CN¥63.5m (down 45% from 1H 2023). Profit margin: 14% (down from 19% in 1H 2023). The decrease in margin was driven by lower revenue.New Risk • Sep 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.4% 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: Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (HK$587.0m market cap, or US$75.3m).공고 • Aug 20Flowing Cloud Technology Ltd to Report First Half, 2024 Results on Aug 30, 2024Flowing Cloud Technology Ltd announced that they will report first half, 2024 results on Aug 30, 2024분석 기사 • Aug 12Positive Sentiment Still Eludes Flowing Cloud Technology Ltd (HKG:6610) Following 25% Share Price SlumpTo the annoyance of some shareholders, Flowing Cloud Technology Ltd ( HKG:6610 ) shares are down a considerable 25% in...New Risk • Jul 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$767.6m (US$98.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$767.6m market cap, or US$98.3m).분석 기사 • May 21Even With A 47% Surge, Cautious Investors Are Not Rewarding Flowing Cloud Technology Ltd's (HKG:6610) Performance CompletelyThose holding Flowing Cloud Technology Ltd ( HKG:6610 ) shares would be relieved that the share price has rebounded 47...분석 기사 • May 02Flowing Cloud Technology (HKG:6610) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Apr 04A Piece Of The Puzzle Missing From Flowing Cloud Technology Ltd's (HKG:6610) 36% Share Price ClimbThose holding Flowing Cloud Technology Ltd ( HKG:6610 ) shares would be relieved that the share price has rebounded 36...분석 기사 • Apr 01Flowing Cloud Technology (HKG:6610) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...공고 • Mar 29Flowing Cloud Technology Ltd, Annual General Meeting, May 28, 2024Flowing Cloud Technology Ltd, Annual General Meeting, May 28, 2024.Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in FY 2022)Full year 2023 results: EPS: CN¥0.15. Revenue: CN¥1.24b (up 17% from FY 2022). Net income: CN¥263.9m (up 12% from FY 2022). Profit margin: 21% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Media industry in Hong Kong.공고 • Mar 19Flowing Cloud Technology Ltd to Report Fiscal Year 2023 Final Results on Mar 28, 2024Flowing Cloud Technology Ltd announced that they will report fiscal year 2023 final results on Mar 28, 2024New Risk • Feb 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% 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 High level of non-cash earnings (60% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$1.17, the stock trades at a trailing P/E ratio of 7.2x. Average forward P/E is 15x in the Media industry in Hong Kong. Total loss to shareholders of 71% over the past year.분석 기사 • Dec 29Flowing Cloud Technology's (HKG:6610) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...공고 • Nov 25Flowing Cloud Technology Ltd (SEHK:6610) commences an Equity Buyback Plan for 181,000,000 shares, representing 10% of its issued share capital, under the authorization approved on June 6, 2023.Flowing Cloud Technology Ltd (SEHK:6610) commences share repurchases on November 23, 2023, under the program mandated by the shareholders in the Annual General Meeting held on June 6, 2023. As per the mandate, the company is authorized to repurchase up to 181,000,000 shares, representing 10% of its issued share capital. The repurchases will lead to an enhancement of the net asset value per share and/or earnings per share for the company. The repurchases will be made out of the funds legally available for such purpose in accordance with its memorandum of association and Bye-laws and the applicable laws and regulations of Cayman Islands. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual General Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As of June 6, 2023, the company had 1,810,000,000 shares in issue. On November 14, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 54,300,000 shares, representing 3% of its issued share capital for HKD 70 million. The company will subsequently cancel the bought shares. The program will be financed by internal cash resources.Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$1.76, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Media industry in Asia. Total loss to shareholders of 46% over the past year.Recent Insider Transactions • Nov 14Senior VP recently bought HK$145k worth of stockOn the 10th of November, Yanhao Li bought around 100k shares on-market at roughly HK$1.45 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$420k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Oct 29Senior VP recently bought HK$135k worth of stockOn the 26th of October, Yanhao Li bought around 100k shares on-market at roughly HK$1.35 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.분석 기사 • Oct 02Flowing Cloud Technology's (HKG:6610) Earnings Are Of Questionable QualityDespite posting some strong earnings, the market for Flowing Cloud Technology Ltd's ( HKG:6610 ) stock hasn't moved...New Risk • Sep 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 60% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to HK$1.68, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Media industry in Asia.Reported Earnings • Aug 29First half 2023 earnings released: EPS: CN¥0.064 (vs CN¥0.05 in 1H 2022)First half 2023 results: EPS: CN¥0.064 (up from CN¥0.05 in 1H 2022). Revenue: CN¥599.0m (up 31% from 1H 2022). Net income: CN¥116.3m (up 52% from 1H 2022). Profit margin: 19% (up from 17% in 1H 2022). The increase in margin was driven by higher revenue.공고 • Aug 18Flowing Cloud Technology Ltd to Report First Half, 2023 Results on Aug 28, 2023Flowing Cloud Technology Ltd announced that they will report first half, 2023 results on Aug 28, 2023Valuation Update With 7 Day Price Move • Aug 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$1.38, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 11x in the Media industry in Hong Kong.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$1.72, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 13x in the Media industry in Hong Kong.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 33%After last week's 33% share price gain to HK$2.07, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 12x in the Media industry in Hong Kong.Valuation Update With 7 Day Price Move • Apr 18Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to HK$1.66, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 13x in the Media industry in Hong Kong.Board Change • Nov 16Less than half of directors are independentFollowing 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 Non-Executive Director Beili Wang 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.공고 • Oct 18Flowing Cloud Technology Ltd has completed an IPO in the amount of HKD 600.015 million.Flowing Cloud Technology Ltd has completed an IPO in the amount of HKD 600.015 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 161,969,000 Price\Range: HKD 2.21 Discount Per Security: HKD 0.05525 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 82,381,000 Price\Range: HKD 2.21 Discount Per Security: HKD 0.05525 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 27,150,000 Price\Range: HKD 2.21 Discount Per Security: HKD 0.05525 Transaction Features: Regulation S매출 및 비용 세부 내역Flowing Cloud Technology가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이SEHK:6610 매출, 비용 및 순이익 (CNY Millions)날짜매출순이익일반관리비연구개발비31 Dec 25784-36728523030 Sep 25856-29928717330 Jun 25929-23128911631 Mar 25962-13722310031 Dec 24995-441578430 Sep 241,045841236130 Jun 241,094211903731 Mar 241,169238944431 Dec 231,245264995130 Sep 231,218267885630 Jun 231,192271776031 Mar 231,137257595431 Dec 221,066237514831 Mar 22685100402331 Dec 2159570352231 Dec 2033959181531 Dec 19251421411양질의 수익: 6610 은(는) 현재 수익성이 없습니다.이익 마진 증가: 6610는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 6610은 수익성이 없으며 지난 5년 동안 손실이 연평균 44.9% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 6610의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 6610은 수익성이 없어 지난 해 수익 성장률을 Media 업계(-5.5%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 6610는 현재 수익성이 없으므로 자본 수익률이 음수(-32.98%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMedia 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/29 20:17종가2026/07/29 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Flowing Cloud Technology Ltd는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Qixian LinSWS Research Co., Ltd.
Reported Earnings • Mar 27Full year 2025 earnings released: CN¥3.43 loss per share (vs CN¥0.48 loss in FY 2024)Full year 2025 results: CN¥3.43 loss per share (further deteriorated from CN¥0.48 loss in FY 2024). Revenue: CN¥783.9m (down 21% from FY 2024). Net loss: CN¥367.1m (loss widened CN¥323.4m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance.
공고 • Mar 13Flowing Cloud Technology Ltd to Report Fiscal Year 2025 Results on Mar 25, 2026Flowing Cloud Technology Ltd announced that they will report fiscal year 2025 results on Mar 25, 2026
Reported Earnings • Sep 02First half 2025 earnings released: CN¥0.065 loss per share (vs CN¥0.035 profit in 1H 2024)First half 2025 results: CN¥0.065 loss per share (down from CN¥0.035 profit in 1H 2024). Revenue: CN¥381.3m (down 15% from 1H 2024). Net loss: CN¥123.5m (down 295% from profit in 1H 2024).
공고 • Aug 19Flowing Cloud Technology Ltd to Report First Half, 2025 Results on Aug 29, 2025Flowing Cloud Technology Ltd announced that they will report first half, 2025 results on Aug 29, 2025
Reported Earnings • Apr 01Full year 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.15 profit in FY 2023)Full year 2024 results: CN¥0.024 loss per share (down from CN¥0.15 profit in FY 2023). Revenue: CN¥995.3m (down 20% from FY 2023). Net loss: CN¥43.7m (down 117% from profit in FY 2023).
공고 • Mar 20Flowing Cloud Technology Ltd to Report Fiscal Year 2024 Results on Mar 31, 2025Flowing Cloud Technology Ltd announced that they will report fiscal year 2024 results on Mar 31, 2025
공고 • Jul 17Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 312.069024 million.Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 312.069024 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 520,115,040 Price\Range: HKD 0.6 Transaction Features: Rights Offering
Reported Earnings • Mar 27Full year 2025 earnings released: CN¥3.43 loss per share (vs CN¥0.48 loss in FY 2024)Full year 2025 results: CN¥3.43 loss per share (further deteriorated from CN¥0.48 loss in FY 2024). Revenue: CN¥783.9m (down 21% from FY 2024). Net loss: CN¥367.1m (loss widened CN¥323.4m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance.
공고 • Mar 26Flowing Cloud Technology Ltd, Annual General Meeting, Jun 09, 2026Flowing Cloud Technology Ltd, Annual General Meeting, Jun 09, 2026.
공고 • Mar 13Flowing Cloud Technology Ltd to Report Fiscal Year 2025 Results on Mar 25, 2026Flowing Cloud Technology Ltd announced that they will report fiscal year 2025 results on Mar 25, 2026
New Risk • Dec 05New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: HK$15.5m (US$1.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Market cap is less than US$10m (HK$15.5m market cap, or US$1.99m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
New Risk • Oct 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$538.3m market cap, or US$69.2m).
공고 • Oct 02Flowing Cloud Technology Ltd has completed a Follow-on Equity Offering in the amount of HKD 75.416681 million.Flowing Cloud Technology Ltd has completed a Follow-on Equity Offering in the amount of HKD 75.416681 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 433,429,200 Price\Range: HKD 0.174 Discount Per Security: HKD 0.00174 Transaction Features: Subsequent Direct Listing
공고 • Sep 10Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 75.416681 million.Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 75.416681 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 433,429,200 Price\Range: HKD 0.174 Discount Per Security: HKD 0.00174 Transaction Features: Subsequent Direct Listing
Reported Earnings • Sep 02First half 2025 earnings released: CN¥0.065 loss per share (vs CN¥0.035 profit in 1H 2024)First half 2025 results: CN¥0.065 loss per share (down from CN¥0.035 profit in 1H 2024). Revenue: CN¥381.3m (down 15% from 1H 2024). Net loss: CN¥123.5m (down 295% from profit in 1H 2024).
New Risk • Aug 31New major risk - Revenue and earnings growthEarnings have declined by 25% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$502.8m market cap, or US$64.5m).
공고 • Aug 19Flowing Cloud Technology Ltd to Report First Half, 2025 Results on Aug 29, 2025Flowing Cloud Technology Ltd announced that they will report first half, 2025 results on Aug 29, 2025
분석 기사 • Jun 30Flowing Cloud Technology Ltd (HKG:6610) Soars 28% But It's A Story Of Risk Vs RewardThose holding Flowing Cloud Technology Ltd ( HKG:6610 ) shares would be relieved that the share price has rebounded 28...
Board Change • Jun 12Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Yuelin Chen was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • May 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$520.1m market cap, or US$66.5m).
공고 • May 20Flowing Cloud Technology Ltd has completed a Follow-on Equity Offering in the amount of HKD 72.561 million.Flowing Cloud Technology Ltd has completed a Follow-on Equity Offering in the amount of HKD 72.561 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 361,000,000 Price\Range: HKD 0.201 Discount Per Security: HKD 0.00201 Transaction Features: Subsequent Direct Listing
공고 • May 01Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 72.561 million.Flowing Cloud Technology Ltd has filed a Follow-on Equity Offering in the amount of HKD 72.561 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 361,000,000 Price\Range: HKD 0.201 Discount Per Security: HKD 0.00201 Transaction Features: Subsequent Direct Listing
Reported Earnings • Apr 01Full year 2024 earnings released: CN¥0.024 loss per share (vs CN¥0.15 profit in FY 2023)Full year 2024 results: CN¥0.024 loss per share (down from CN¥0.15 profit in FY 2023). Revenue: CN¥995.3m (down 20% from FY 2023). Net loss: CN¥43.7m (down 117% from profit in FY 2023).
공고 • Mar 31Flowing Cloud Technology Ltd, Annual General Meeting, May 28, 2025Flowing Cloud Technology Ltd, Annual General Meeting, May 28, 2025.
공고 • Mar 20Flowing Cloud Technology Ltd to Report Fiscal Year 2024 Results on Mar 31, 2025Flowing Cloud Technology Ltd announced that they will report fiscal year 2024 results on Mar 31, 2025
공고 • Mar 03Flowing Cloud Technology Ltd Announces Board and Committees ChangesThe board (the "Board") of directors (the "Directors") of Flowing Cloud Technology Ltd. announced the following changes in the composition of the Board. Ms. Wang Beili ("Ms. Wang") has resigned as an independent non-executive Director and ceased to be the chairlady of the audit committee of the Board (the "Audit Committee"), a member of the remuneration committee of the Board (the "Remuneration Committee") and a member of the nomination committee of the Board (the "Nomination Committee") with effect from 3 March 2025, in order to devote more time to her other commitments. Ms. Wang has confirmed that she has no disagreement with the Board and there are no matters relating to her resignation that need to be brought to the attention of the shareholders of the Company (the "Shareholders") and the Stock Exchange. The Board announced that Ms. Chen Yuelin ("Ms. Chen") has been appointed as an independent non-executive Director, the chairlady of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee with effect from 3 March 2025. Ms. Chen Yuelin, aged 41, has over 17 years of experience in taxation, accounting and management. Ms. Chen served as an officer at the Beijing Municipal Tax Bureau from July 2008 to December 2016; a senior consultant at the Beijing TMT (technology, media & telecommunications) team of the taxation and legal department of Deloitte China from December 2016 to August 2018; the tax officer at Beijing Zhangzhong Financial Information Service Co. Ltd. from August 2018 to March 2020, where she was responsible for the tax work of the group's domestic and overseas companies; and the tax director at Zhongjia Xinchen Group Co. Ltd. from May 2020 to present, where she is responsible for the overall tax management of more than 300 companies under the group, providing professional support for the group's strategic decisions. Ms. Chen has been a Certified Public Accountant in China since December 2016. Ms. Chen obtained a bachelor's degree in management from Beihang University in June 2008.
Recent Insider Transactions • Feb 08Senior VP & CTO recently sold HK$2.7m worth of stockOn the 4th of February, Yanhao Li sold around 9m shares on-market at roughly HK$0.29 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
New Risk • Feb 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% 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 High level of non-cash earnings (37% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$568.9m market cap, or US$73.1m).
분석 기사 • Oct 09Flowing Cloud Technology's (HKG:6610) Shareholders Have More To Worry About Than Only Soft EarningsFlowing Cloud Technology Ltd's ( HKG:6610 ) stock showed strength, with investors undeterred by its weak earnings...
Reported Earnings • Sep 29First half 2024 earnings released: EPS: CN¥0.035 (vs CN¥0.064 in 1H 2023)First half 2024 results: EPS: CN¥0.035 (down from CN¥0.064 in 1H 2023). Revenue: CN¥448.0m (down 25% from 1H 2023). Net income: CN¥63.5m (down 45% from 1H 2023). Profit margin: 14% (down from 19% in 1H 2023). The decrease in margin was driven by lower revenue.
New Risk • Sep 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.4% 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: Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (HK$587.0m market cap, or US$75.3m).
공고 • Aug 20Flowing Cloud Technology Ltd to Report First Half, 2024 Results on Aug 30, 2024Flowing Cloud Technology Ltd announced that they will report first half, 2024 results on Aug 30, 2024
분석 기사 • Aug 12Positive Sentiment Still Eludes Flowing Cloud Technology Ltd (HKG:6610) Following 25% Share Price SlumpTo the annoyance of some shareholders, Flowing Cloud Technology Ltd ( HKG:6610 ) shares are down a considerable 25% in...
New Risk • Jul 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$767.6m (US$98.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$767.6m market cap, or US$98.3m).
분석 기사 • May 21Even With A 47% Surge, Cautious Investors Are Not Rewarding Flowing Cloud Technology Ltd's (HKG:6610) Performance CompletelyThose holding Flowing Cloud Technology Ltd ( HKG:6610 ) shares would be relieved that the share price has rebounded 47...
분석 기사 • May 02Flowing Cloud Technology (HKG:6610) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Apr 04A Piece Of The Puzzle Missing From Flowing Cloud Technology Ltd's (HKG:6610) 36% Share Price ClimbThose holding Flowing Cloud Technology Ltd ( HKG:6610 ) shares would be relieved that the share price has rebounded 36...
분석 기사 • Apr 01Flowing Cloud Technology (HKG:6610) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
공고 • Mar 29Flowing Cloud Technology Ltd, Annual General Meeting, May 28, 2024Flowing Cloud Technology Ltd, Annual General Meeting, May 28, 2024.
Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in FY 2022)Full year 2023 results: EPS: CN¥0.15. Revenue: CN¥1.24b (up 17% from FY 2022). Net income: CN¥263.9m (up 12% from FY 2022). Profit margin: 21% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Media industry in Hong Kong.
공고 • Mar 19Flowing Cloud Technology Ltd to Report Fiscal Year 2023 Final Results on Mar 28, 2024Flowing Cloud Technology Ltd announced that they will report fiscal year 2023 final results on Mar 28, 2024
New Risk • Feb 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 12% 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 High level of non-cash earnings (60% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$1.17, the stock trades at a trailing P/E ratio of 7.2x. Average forward P/E is 15x in the Media industry in Hong Kong. Total loss to shareholders of 71% over the past year.
분석 기사 • Dec 29Flowing Cloud Technology's (HKG:6610) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
공고 • Nov 25Flowing Cloud Technology Ltd (SEHK:6610) commences an Equity Buyback Plan for 181,000,000 shares, representing 10% of its issued share capital, under the authorization approved on June 6, 2023.Flowing Cloud Technology Ltd (SEHK:6610) commences share repurchases on November 23, 2023, under the program mandated by the shareholders in the Annual General Meeting held on June 6, 2023. As per the mandate, the company is authorized to repurchase up to 181,000,000 shares, representing 10% of its issued share capital. The repurchases will lead to an enhancement of the net asset value per share and/or earnings per share for the company. The repurchases will be made out of the funds legally available for such purpose in accordance with its memorandum of association and Bye-laws and the applicable laws and regulations of Cayman Islands. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual General Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As of June 6, 2023, the company had 1,810,000,000 shares in issue. On November 14, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 54,300,000 shares, representing 3% of its issued share capital for HKD 70 million. The company will subsequently cancel the bought shares. The program will be financed by internal cash resources.
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$1.76, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Media industry in Asia. Total loss to shareholders of 46% over the past year.
Recent Insider Transactions • Nov 14Senior VP recently bought HK$145k worth of stockOn the 10th of November, Yanhao Li bought around 100k shares on-market at roughly HK$1.45 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$420k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Oct 29Senior VP recently bought HK$135k worth of stockOn the 26th of October, Yanhao Li bought around 100k shares on-market at roughly HK$1.35 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
분석 기사 • Oct 02Flowing Cloud Technology's (HKG:6610) Earnings Are Of Questionable QualityDespite posting some strong earnings, the market for Flowing Cloud Technology Ltd's ( HKG:6610 ) stock hasn't moved...
New Risk • Sep 28New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 60% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to HK$1.68, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Media industry in Asia.
Reported Earnings • Aug 29First half 2023 earnings released: EPS: CN¥0.064 (vs CN¥0.05 in 1H 2022)First half 2023 results: EPS: CN¥0.064 (up from CN¥0.05 in 1H 2022). Revenue: CN¥599.0m (up 31% from 1H 2022). Net income: CN¥116.3m (up 52% from 1H 2022). Profit margin: 19% (up from 17% in 1H 2022). The increase in margin was driven by higher revenue.
공고 • Aug 18Flowing Cloud Technology Ltd to Report First Half, 2023 Results on Aug 28, 2023Flowing Cloud Technology Ltd announced that they will report first half, 2023 results on Aug 28, 2023
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$1.38, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 11x in the Media industry in Hong Kong.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to HK$1.72, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 13x in the Media industry in Hong Kong.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 33%After last week's 33% share price gain to HK$2.07, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 12x in the Media industry in Hong Kong.
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment deteriorates as stock falls 28%After last week's 28% share price decline to HK$1.66, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 13x in the Media industry in Hong Kong.
Board Change • Nov 16Less than half of directors are independentFollowing 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 Non-Executive Director Beili Wang 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.
공고 • Oct 18Flowing Cloud Technology Ltd has completed an IPO in the amount of HKD 600.015 million.Flowing Cloud Technology Ltd has completed an IPO in the amount of HKD 600.015 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 161,969,000 Price\Range: HKD 2.21 Discount Per Security: HKD 0.05525 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 82,381,000 Price\Range: HKD 2.21 Discount Per Security: HKD 0.05525 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 27,150,000 Price\Range: HKD 2.21 Discount Per Security: HKD 0.05525 Transaction Features: Regulation S