공시 • May 20
Voicecomm Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 101.789994 million. Voicecomm Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 101.789994 million.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 2,198,488
Price\Range: HKD 46.3
Transaction Features: Subsequent Direct Listing New Risk • Mar 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Significant insider selling over the past 3 months (HK$55m sold). Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: CN¥3.81 (vs CN¥8.62 loss in FY 2024) Full year 2025 results: EPS: CN¥3.81 (up from CN¥8.62 loss in FY 2024). Revenue: CN¥1.01b (up 7.0% from FY 2024). Net income: CN¥135.5m (up CN¥360.2m from FY 2024). Profit margin: 14% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. 공시 • Mar 27
Voicecomm Technology Co., Ltd., Annual General Meeting, Jun 25, 2026 Voicecomm Technology Co., Ltd., Annual General Meeting, Jun 25, 2026. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$59.90, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 18x in the IT industry in Hong Kong. Total loss to shareholders of 76% over the past year. 공시 • Mar 16
Voicecomm Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026 Voicecomm Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026 New Risk • Jan 15
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 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). Significant insider selling over the past 3 months (HK$55m sold). 공시 • Jan 13
Voicecomm Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 311.599 million. Voicecomm Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 311.599 million.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 6,730,000
Price\Range: HKD 46.3
Transaction Features: Subsequent Direct Listing Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to HK$54.70, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 21x in the IT industry in Hong Kong. Total loss to shareholders of 76% over the past year. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$62.70, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 20x in the IT industry in Hong Kong. Total loss to shareholders of 69% over the past year. Reported Earnings • Sep 30
First half 2025 earnings released: EPS: CN¥2.10 (vs CN¥19.09 loss in 1H 2024) First half 2025 results: EPS: CN¥2.10 (up from CN¥19.09 loss in 1H 2024). Revenue: CN¥478.7m (up 29% from 1H 2024). Net income: CN¥74.7m (up CN¥403.6m from 1H 2024). Profit margin: 16% (up from net loss in 1H 2024). The move to profitability was primarily driven by lower expenses. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$69.45, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 26x in the IT industry in Hong Kong. Total loss to shareholders of 69% over the past year. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to HK$60.65, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 25x in the IT industry in Hong Kong. Total loss to shareholders of 73% over the past year. Reported Earnings • Aug 31
First half 2025 earnings released: EPS: CN¥2.10 (vs CN¥19.09 loss in 1H 2024) First half 2025 results: EPS: CN¥2.10 (up from CN¥19.09 loss in 1H 2024). Revenue: CN¥478.7m (up 29% from 1H 2024). Net income: CN¥74.7m (up CN¥403.6m from 1H 2024). Profit margin: 16% (up from net loss in 1H 2024). The move to profitability was primarily driven by lower expenses. 공시 • Aug 18
Voicecomm Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Voicecomm Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 공시 • Jul 09
Voicecomm Technology Co., Ltd. Provides Earnings Guidance for the Six Months Ended June 30, 2025 Voicecomm Technology Co., Ltd. provided earnings guidance for the six months ended June 30, 2025. The Group is expected to record a net profit and an adjusted net profit (a non-IFRS measure)1 of no less than RMB 50.0 million for H1 2025, as compared to a net loss of approximately RMB590 million and an adjusted net profit (a non-IFRS measure) of approximately RMB 43 million recorded for the six months ended June 30, 2024. New Risk • May 12
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 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥528m free cash flow). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Apr 30
Full year 2024 earnings released: CN¥8.62 loss per share (vs CN¥1.13 loss in FY 2023) Full year 2024 results: CN¥8.62 loss per share (further deteriorated from CN¥1.13 loss in FY 2023). Revenue: CN¥941.4m (up 16% from FY 2023). Net loss: CN¥224.7m (loss widened CN¥205.2m from FY 2023). 공시 • Mar 30
Voicecomm Technology Co., Ltd., Annual General Meeting, Jun 20, 2025 Voicecomm Technology Co., Ltd., Annual General Meeting, Jun 20, 2025. 공시 • Mar 19
Voicecomm Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 Voicecomm Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 공시 • Feb 14
Hubei Voicecomm Technology Co., Ltd. Announces the Dissolution of the Supervisory Committee Hubei Voicecomm Technology Co., Ltd. announced the dissolution of the supervisory committee, all the supervisors will continue to serve the Company in the capacity as employees. The Board would like to express its gratitude
to all the supervisors for their services and contributions to the Company during their tenures as supervisors. 공시 • Sep 04
Shanghai Voicecomm Information Technology Co., Ltd. Appoints Mr. Leung Kin Hong as Independent Non-Executive Director Shanghai Voicecomm Information Technology Co., Ltd. announced that at the EGM held on September 4, 2024, Mr. Leung was appointed as an independent non-executive Director. The term of appointment of Mr. Leung will commence on September 4, 2024 until the end of the term of the fourth session of the Board, and will be subject to retirement and re-election at the general meetings of the Company in accordance with the Articles. Reported Earnings • Aug 26
First half 2024 earnings released First half 2024 results: CN¥19.09 loss per share. Net loss: CN¥328.9m (flat on 1H 2023). 공시 • Aug 09
Shanghai Voicecomm Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024 Shanghai Voicecomm Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 공시 • Jul 10
Shanghai Voicecomm Information Technology Co., Ltd. has completed an IPO in the amount of HKD 664.016886 million. Shanghai Voicecomm Information Technology Co., Ltd. has completed an IPO in the amount of HKD 664.016886 million.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 2,174,220
Price\Range: HKD 152.1
Discount Per Security: HKD 6.084
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 436,580
Price\Range: HKD 152.1
Discount Per Security: HKD 6.084
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 1,754,860
Price\Range: HKD 152.1
Discount Per Security: HKD 6.084
Transaction Features: Regulation S