Aankondiging • Jun 30
Jinan High-tech Development Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Jinan High-tech Development Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Aankondiging • May 28
Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 17, 2026 Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 17, 2026, at 09:15 China Standard Time. Location: Building A4-4, No. 7000, Jingshi East Road, China (Shandong) Pilot Free Trade Zone, Jinan, Shandong China Board Change • May 20
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. 5 non-independent directors. Independent Director Hong Xiang Lou was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Mar 30
Jinan High-tech Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Aankondiging • Dec 26
Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 Aankondiging • Sep 30
Jinan High-tech Development Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Jinan High-tech Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Aankondiging • Jun 30
Jinan High-tech Development Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Jinan High-tech Development Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Aankondiging • May 29
Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 20, 2025 Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 20, 2025, at 09:15 China Standard Time. Location: Building A4-4, No. 7000, Jingshi East Road, China (Shandong) Pilot Free Trade Zone, Jinan, Shandong China Aankondiging • Mar 28
Jinan High-tech Development Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Aankondiging • Dec 27
Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.021 loss per share (vs CN¥0.01 loss in 3Q 2023) Third quarter 2024 results: CN¥0.021 loss per share (further deteriorated from CN¥0.01 loss in 3Q 2023). Revenue: CN¥62.2m (down 39% from 3Q 2023). Net loss: CN¥16.3m (loss widened 82% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Aankondiging • Sep 30
Jinan High-tech Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Jinan High-tech Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released: CN¥0.011 loss per share (vs CN¥0.045 loss in 2Q 2023) Second quarter 2024 results: CN¥0.011 loss per share (improved from CN¥0.045 loss in 2Q 2023). Revenue: CN¥151.9m (down 18% from 2Q 2023). Net loss: CN¥11.9m (loss narrowed 78% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Jun 28
Jinan High-tech Development Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Jinan High-tech Development Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Aankondiging • Jun 08
Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 26, 2024 Jinan High-tech Development Co., Ltd., Annual General Meeting, Jun 26, 2024, at 09:15 China Standard Time. Location: Room 1616, Main Office Building, No. 1577, Long'ao North Road, Shunhua Subdistrict, Jinan Area, China (Shandong) Pilot Free Trade Zone China New Risk • May 14
New major risk - Revenue and earnings growth Earnings have declined by 16% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥281m free cash flow). Earnings have declined by 16% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.7% average weekly change). Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥2.73, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 21x in the Real Estate industry in China. Total loss to shareholders of 19% over the past three years. Aankondiging • Mar 30
Jinan High-tech Development Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Jinan High-tech Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥3.00, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 18x in the Real Estate industry in China. Total loss to shareholders of 8.0% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥2.66, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 18x in the Real Estate industry in China. Total loss to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥2.74, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 18x in the Real Estate industry in China. Total loss to shareholders of 12% over the past three years. Aankondiging • Dec 29
Jinan High-tech Development Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Jinan High-tech Development Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥3.60, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 20x in the Real Estate industry in China. Negligible returns to shareholders over past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.05 profit in 3Q 2022) Third quarter 2023 results: CN¥0.01 loss per share (down from CN¥0.05 profit in 3Q 2022). Revenue: CN¥102.7m (down 78% from 3Q 2022). Net loss: CN¥8.96m (down 121% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • Sep 12
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (55% accrual ratio). Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.045 loss per share (vs CN¥0.18 loss in 2Q 2022) Second quarter 2023 results: CN¥0.045 loss per share (improved from CN¥0.18 loss in 2Q 2022). Revenue: CN¥185.0m (down 54% from 2Q 2022). Net loss: CN¥53.8m (loss narrowed 65% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Jun 28
Jinan High-tech Development Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Jinan High-tech Development Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Aankondiging • Jun 27
Jinan High-tech Development Co., Ltd. announced that it expects to receive CNY 4 billion in funding Jinan High-tech Development Co., Ltd. announced a private placement that it will receive CNY 4 billion in a round of funding on June 25, 2023. The company will issue common shares in the transaction to boost liquidity. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.16 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.01 (up from CN¥0.16 loss in 1Q 2022). Revenue: CN¥216.4m (down 33% from 1Q 2022). Net income: CN¥6.91m (up CN¥145.2m from 1Q 2022). Profit margin: 3.2% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.031 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.05 (up from CN¥0.031 loss in 3Q 2021). Revenue: CN¥471.5m (up 55% from 3Q 2021). Net income: CN¥43.1m (up CN¥70.6m from 3Q 2021). Profit margin: 9.1% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.16 loss per share (vs CN¥0.08 loss in 1Q 2021) First quarter 2022 results: CN¥0.16 loss per share (down from CN¥0.08 loss in 1Q 2021). Revenue: CN¥320.8m (up 29% from 1Q 2021). Net loss: CN¥138.2m (loss widened 94% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.031 loss per share (vs CN¥0.11 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¥305.0m (up 7.7% from 3Q 2020). Net loss: CN¥27.6m (loss narrowed 73% from 3Q 2020). 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 8% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.08 loss per share (vs CN¥0.01 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥229.5m (up 13% from 2Q 2020). Net loss: CN¥66.2m (loss widened CN¥55.2m from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Apr 27
Full year 2020 earnings released: CN¥0.95 loss per share (vs CN¥0.07 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥1.09b (down 39% from FY 2019). Net loss: CN¥825.0m (down CN¥888.1m from profit in FY 2019). Is New 90 Day High Low • Oct 31
New 90-day low: CN¥3.41 The company is down 31% from its price of CN¥4.94 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 9.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥4.93m, with earnings decreasing by CN¥1.05b from the prior year. Total revenue was CN¥1.41b over the last 12 months, down 2.2% from the prior year. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥3.89 The company is down 21% from its price of CN¥4.91 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 10.0% over the same period. 
