New Risk • May 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.6% Last year net profit margin: 2.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Aankondiging • Apr 10
Pci Technology Group Co.,Ltd., Annual General Meeting, Apr 30, 2026 Pci Technology Group Co.,Ltd., Annual General Meeting, Apr 30, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Reported Earnings • Apr 10
Full year 2025 earnings released: EPS: CN¥0.082 (vs CN¥0.054 loss in FY 2024) Full year 2025 results: EPS: CN¥0.082 (up from CN¥0.054 loss in FY 2024). Revenue: CN¥10.1b (up 27% from FY 2024). Net income: CN¥173.9m (up CN¥288.7m from FY 2024). Profit margin: 1.7% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Aankondiging • Mar 30
Pci Technology Group Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Pci Technology Group Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Aankondiging • Dec 26
Pci Technology Group Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2026 Pci Technology Group Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2026 Aankondiging • Sep 30
Pci Technology Group Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Pci Technology Group Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥6.82, the stock trades at a trailing P/E ratio of 77x. Average trailing P/E is 96x in the IT industry in China. Total returns to shareholders of 8.8% over the past three years. Aankondiging • Jun 30
Pci Technology Group Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Pci Technology Group Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Reported Earnings • Apr 11
Full year 2024 earnings released: CN¥0.054 loss per share (vs CN¥0.20 profit in FY 2023) Full year 2024 results: CN¥0.054 loss per share (down from CN¥0.20 profit in FY 2023). Revenue: CN¥7.95b (up 28% from FY 2023). Net loss: CN¥114.9m (down 129% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 11
Pci Technology Group Co.,Ltd., Annual General Meeting, May 08, 2025 Pci Technology Group Co.,Ltd., Annual General Meeting, May 08, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Aankondiging • Mar 28
Pci Technology Group Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Pci Technology Group Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Aankondiging • Dec 27
Pci Technology Group Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Pci Technology Group Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 New Risk • Nov 11
New major risk - Revenue and earnings growth Earnings have declined by 40% 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 40% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.001 loss per share (vs CN¥0.065 loss in 3Q 2023) Third quarter 2024 results: CN¥0.001 loss per share (improved from CN¥0.065 loss in 3Q 2023). Revenue: CN¥1.85b (up 54% from 3Q 2023). Net loss: CN¥1.08m (loss narrowed 99% from 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Aankondiging • Sep 30
Pci Technology Group Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Pci Technology Group Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: CN¥0.004 loss per share (vs CN¥0.67 loss in 2Q 2023) Second quarter 2024 results: CN¥0.004 loss per share (improved from CN¥0.67 loss in 2Q 2023). Revenue: CN¥1.88b (up 32% from 2Q 2023). Net loss: CN¥9.17m (loss narrowed 99% from 2Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Aankondiging • Jun 28
Pci Technology Group Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Pci Technology Group Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released: CN¥0.086 loss per share (vs CN¥0.67 profit in 1Q 2023) First quarter 2024 results: CN¥0.086 loss per share (down from CN¥0.67 profit in 1Q 2023). Revenue: CN¥1.09b (flat on 1Q 2023). Net loss: CN¥182.8m (down 114% from profit in 1Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. New Risk • Apr 11
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.0% 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 Risk Earnings are forecast to decline by an average of 4.0% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Aankondiging • Apr 09
Pci Technology Group Co.,Ltd., Annual General Meeting, May 09, 2024 Pci Technology Group Co.,Ltd., Annual General Meeting, May 09, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Reported Earnings • Apr 09
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.20 (up from CN¥0.15 loss in FY 2022). Revenue: CN¥6.23b (up 17% from FY 2022). Net income: CN¥394.7m (up CN¥656.8m from FY 2022). Profit margin: 6.3% (up from net loss in FY 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 7.0%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Aankondiging • Mar 29
Pci Technology Group Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Pci Technology Group Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥3.99, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the IT industry in China. Total loss to shareholders of 37% over the past three years. Aankondiging • Jan 19
Pci Technology Group Co.,Ltd. (SHSE:600728) announces an Equity Buyback for CNY 100 million worth of its shares. Pci Technology Group Co.,Ltd. (SHSE:600728) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price of not more than CNY 8.64 per share. The purpose of the program is to use the shares for the ESOP or equity incentives. The program will be valid for 12 months. Aankondiging • Dec 29
Pci Technology Group Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 09, 2024 Pci Technology Group Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 09, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.065 loss per share (vs CN¥0.22 loss in 3Q 2022) Third quarter 2023 results: CN¥0.065 loss per share (improved from CN¥0.22 loss in 3Q 2022). Revenue: CN¥1.20b (down 12% from 3Q 2022). Net loss: CN¥181.1m (loss narrowed 53% from 3Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Aankondiging • Sep 30
Pci Technology Group Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Pci Technology Group Co.,Ltd. announced that they will report Q3, 2023 results at 9:30 AM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: CN¥0.67 loss per share (vs CN¥0.092 profit in 2Q 2022) Second quarter 2023 results: CN¥0.67 loss per share (down from CN¥0.092 profit in 2Q 2022). Revenue: CN¥1.43b (up 10% from 2Q 2022). Net loss: CN¥985.4m (down CN¥1.14b from profit in 2Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 13
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: CN¥0.15 loss per share (down from CN¥0.18 profit in FY 2021). Revenue: CN¥5.34b (down 14% from FY 2021). Net loss: CN¥262.1m (down 183% from profit in FY 2021). Revenue missed analyst estimates by 10.0%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Price Target Changed • Nov 16
Price target decreased to CN¥8.40 Down from CN¥16.38, the current price target is provided by 1 analyst. New target price is 38% above last closing price of CN¥6.09. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥0.28 for next year compared to CN¥0.18 last year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Xin Lu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2022 earnings released: CN¥0.22 loss per share (vs CN¥0.071 profit in 3Q 2021) Third quarter 2022 results: CN¥0.22 loss per share (down from CN¥0.071 profit in 3Q 2021). Revenue: CN¥1.36b (down 12% from 3Q 2021). Net loss: CN¥382.7m (down 412% from profit in 3Q 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 21% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Director Lin Zhou was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 20
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.021 (up from CN¥0.009 in 1Q 2021). Revenue: CN¥1.04b (up 1.2% from 1Q 2021). Net income: CN¥37.1m (up 117% from 1Q 2021). Profit margin: 3.6% (up from 1.7% in 1Q 2021). Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 4.4%. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 07
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.18 (up from CN¥0.054 in FY 2020). Revenue: CN¥6.26b (up 46% from FY 2020). Net income: CN¥316.9m (up 245% from FY 2020). Profit margin: 5.1% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 23%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Aankondiging • Feb 26
Pci Technology Group Co.,Ltd. announced that it expects to receive CNY 3.314 billion in funding Pci Technology Group Co.,Ltd. announced a private placement of not more than 527,468,729 A shares for gross proceeds of not more than 3,314,000,000 on February 25, 2022. The issue price shall not lower than 80% of the average trading price of the company's A shares in the 20 trading days before the pricing benchmark date. The transaction will include participation from not more than 35 investors. The transaction has been approved at the 3rd extraordinary meeting of 9th board of directors of the company and is subject to approval from shareholders and the China Securities Regulatory Commission. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.071 (vs CN¥0.028 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.55b (up 29% from 3Q 2020). Net income: CN¥122.7m (up 156% from 3Q 2020). Profit margin: 7.9% (up from 4.0% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 28% 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 31
Second quarter 2021 earnings released: EPS CN¥0.045 (vs CN¥0.031 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.38b (up 9.2% from 2Q 2020). Net income: CN¥72.8m (up 35% from 2Q 2020). Profit margin: 5.3% (up from 4.3% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Aankondiging • Aug 04
Pci Technology Group Co.,Ltd. (SHSE:600728) announces an Equity Buyback for 20,000,000 shares, representing 1.16% of its issued share capital. Pci Technology Group Co.,Ltd. (SHSE:600728) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 A shares, representing 1.16% of its issued share capital. The shares will be repurchased at a price of not more than CNY 11.11 per share. The purpose of the program is to improve the company's long-term incentive mechanism and benefit-sharing mechanism, and fully mobilize the enthusiasm of core employees. The shares purchased will be used for the company's employee stock ownership plans or equity incentives. The program will be funded out of the company's own funds. The program will be valid till earlier of August 1, 2022, or when the repurchase reaches the maximum limit, unless terminated by the Board earlier. Reported Earnings • May 02
Full year 2020 earnings released: EPS CN¥0.054 (vs CN¥0.42 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.29b (down 14% from FY 2019). Net income: CN¥91.8m (down 87% from FY 2019). Profit margin: 2.1% (down from 14% in FY 2019). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 02
New 90-day low: CN¥6.60 The company is down 25% from its price of CN¥8.82 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also down 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.65 per share. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥7.36 The company is down 19% from its price of CN¥9.14 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.65 per share. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥8.36 The company is down 10.0% from its price of CN¥9.27 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.67 per share. Is New 90 Day High Low • Nov 26
New 90-day low: CN¥8.68 The company is down 12% from its price of CN¥9.81 on 28 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥12.41 per share. Aankondiging • Nov 11
Guangzhou Jiaduhui Technology Enterprise Incubator Co., Ltd. signed an agreement to acquire Guangzhou Jiarui Technology Co., Ltd. from PCI-Suntek Technology Co.,Ltd. (SHSE:600728) for CNY 62.7 million. Guangzhou Jiaduhui Technology Enterprise Incubator Co., Ltd. signed an agreement to acquire Guangzhou Jiarui Technology Co., Ltd. from PCI-Suntek Technology Co.,Ltd. (SHSE:600728) for CNY 62.7 million on November 10, 2020. Under the transaction, in first phase within five working days after the signing of this agreement, a 30% equity transfer price of CNY 18.8 million will be paid to PCI-Suntek Technology and in phase 2, before December 31, 2020, Guangzhou Jiaduhui Technology Enterprise shall pay the remaining equity transfer price of CNY 43.9 million to PCI-Suntek Technology. As of August 31, 2020, Guangzhou Jiarui Technology Co., Ltd. has reported total assets of CNY 46.7 million and net assets of CNY 45.4 million. PCI-Suntek Technology Co.,Ltd. held the fourteenth special meeting of the ninth board of directors in 2020, and reviewed and passed the transaction. The transaction does not need to be submitted to the shareholders meeting for deliberation. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥149.1m, down 80% from the prior year. Total revenue was CN¥5.49b over the last 12 months, up 27% from the prior year. Aankondiging • Oct 30
PCI-Suntek Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020 PCI-Suntek Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 27
New 90-day low: CN¥9.00 The company is down 4.0% from its price of CN¥9.39 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.73 per share.