New Risk • Apr 21
New major risk - Revenue and earnings growth Earnings have declined by 21% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 21
Full year 2025 earnings released: CN¥0.81 loss per share (vs CN¥0.04 profit in FY 2024) Full year 2025 results: CN¥0.81 loss per share (down from CN¥0.04 profit in FY 2024). Revenue: CN¥1.16b (down 38% from FY 2024). Net loss: CN¥266.8m (down CN¥280.4m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 20
Inspur Software Co., Ltd., Annual General Meeting, May 08, 2026 Inspur Software Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: South 3F, Building S06, No. 1036, Langchao Road, High-tech Zone, Jinan, Shandong China Aankondiging • Mar 30
Inspur Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Inspur Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Aankondiging • Dec 26
Inspur Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Inspur Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 New Risk • Nov 19
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 7.6% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.19 loss per share (vs CN¥0.019 loss in 3Q 2024) Third quarter 2025 results: CN¥0.19 loss per share (further deteriorated from CN¥0.019 loss in 3Q 2024). Revenue: CN¥298.0m (down 36% from 3Q 2024). Net loss: CN¥63.2m (loss widened CN¥57.0m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
Inspur Software Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Inspur Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Aankondiging • Jun 30
Inspur Software Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Inspur Software Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Reported Earnings • May 01
First quarter 2025 earnings released: CN¥0.27 loss per share (vs CN¥0.09 loss in 1Q 2024) First quarter 2025 results: CN¥0.27 loss per share (further deteriorated from CN¥0.09 loss in 1Q 2024). Revenue: CN¥106.8m (down 60% from 1Q 2024). Net loss: CN¥88.5m (loss widened 210% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Aankondiging • Apr 15
Inspur Software Co., Ltd. (SHSE:600756) announces an Equity Buyback for CNY 40 million worth of its shares. Inspur Software Co., Ltd. (SHSE:600756) announces a share repurchase program. Under the program, the company will repurchase up to 40 million worth of its shares. The shares will be repurchased at a price of CNY 24.99 per share. The shares repurchased will be used for Employee Stock Ownership Plan or Equity Incentives. The program will be funded using the company's own funds or self-raised funds (including special loan funds for stock repurchase, etc.). The program is valid for 12 months. Reported Earnings • Mar 31
Full year 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.28 in FY 2023) Full year 2024 results: EPS: CN¥0.04 (down from CN¥0.28 in FY 2023). Revenue: CN¥1.87b (down 27% from FY 2023). Net income: CN¥13.6m (down 85% from FY 2023). Profit margin: 0.7% (down from 3.6% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Aankondiging • Mar 29
Inspur Software Co., Ltd., Annual General Meeting, Apr 18, 2025 Inspur Software Co., Ltd., Annual General Meeting, Apr 18, 2025, at 14:00 China Standard Time. Location: South 3F, Building S06, No. 1036, Langchao Road, High-tech Zone, Jinan, Shandong China Aankondiging • Mar 28
Inspur Software Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Inspur Software Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Aankondiging • Dec 27
Inspur Software Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Inspur Software Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Nov 01
Third quarter 2024 earnings released: CN¥0.019 loss per share (vs CN¥0.022 loss in 3Q 2023) Third quarter 2024 results: CN¥0.019 loss per share. Revenue: CN¥466.9m (up 14% from 3Q 2023). Net loss: CN¥6.14m (loss widened 13% from 3Q 2023). Aankondiging • Sep 30
Inspur Software Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Inspur Software Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Sep 06
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: 3.7% 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: 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 • Jun 28
Inspur Software Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Inspur Software Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Declared Dividend • May 29
Dividend of CN¥0.035 announced Shareholders will receive a dividend of CN¥0.035. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Reported Earnings • May 02
First quarter 2024 earnings released: CN¥0.09 loss per share (vs CN¥0.01 profit in 1Q 2023) First quarter 2024 results: CN¥0.09 loss per share (down from CN¥0.01 profit in 1Q 2023). Revenue: CN¥265.6m (down 40% from 1Q 2023). Net loss: CN¥28.6m (down CN¥33.0m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.20 in FY 2022) Full year 2023 results: EPS: CN¥0.28 (up from CN¥0.20 in FY 2022). Revenue: CN¥2.55b (up 23% from FY 2022). Net income: CN¥91.0m (up 43% from FY 2022). Profit margin: 3.6% (up from 3.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Aankondiging • Apr 19
Inspur Software Co., Ltd., Annual General Meeting, May 10, 2024 Inspur Software Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: South 3F, Building S06, No. 1036, Langchao Road, High-tech Zone, Jinan, Shandong China Aankondiging • Mar 29
Inspur Software Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Inspur Software Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥11.81, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 69x in the Software industry in China. Total loss to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥10.28, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 62x in the Software industry in China. Total loss to shareholders of 17% over the past three years. Aankondiging • Dec 29
Inspur Software Co., Ltd. to Report Fiscal Year 2023 Results on Apr 18, 2024 Inspur Software Co., Ltd. announced that they will report fiscal year 2023 results on Apr 18, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.022 loss per share (vs CN¥0.002 profit in 3Q 2022) Third quarter 2023 results: CN¥0.022 loss per share (down from CN¥0.002 profit in 3Q 2022). Revenue: CN¥409.9m (down 14% from 3Q 2022). Net loss: CN¥5.42m (down CN¥5.92m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Oct 18
New major risk - Revenue and earnings growth Earnings have declined by 38% 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 Earnings have declined by 38% per year over the past 5 years. High level of non-cash earnings (110% accrual ratio). Aankondiging • Sep 30
Inspur Software Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Inspur Software Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.053 loss per share (vs CN¥0.099 loss in 2Q 2022) Second quarter 2023 results: CN¥0.053 loss per share (improved from CN¥0.099 loss in 2Q 2022). Revenue: CN¥504.8m (up 37% from 2Q 2022). Net loss: CN¥15.4m (loss narrowed 54% from 2Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 44% 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. This is currently the only risk that has been identified for the company. Aankondiging • Jun 28
Inspur Software Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Inspur Software Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 12
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.20 (up from CN¥0.13 in FY 2021). Revenue: CN¥2.07b (up 13% from FY 2021). Net income: CN¥63.8m (up 51% from FY 2021). Profit margin: 3.1% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Chairman Bai Hua Wang was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.039 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.039 in 3Q 2021). Revenue: CN¥473.6m (up 30% from 3Q 2021). Net income: CN¥503.4k (down 96% from 3Q 2021). Profit margin: 0.1% (down from 3.6% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥13.04, the stock trades at a trailing P/E ratio of 71.9x. Average trailing P/E is 54x in the Software industry in China. Total loss to shareholders of 38% over the past three years. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.099 loss per share (vs CN¥0.12 loss in 2Q 2021) Second quarter 2022 results: CN¥0.099 loss per share (up from CN¥0.12 loss in 2Q 2021). Revenue: CN¥368.8m (up 39% from 2Q 2021). Net loss: CN¥33.5m (loss narrowed 19% from 2Q 2021). 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 19% per year, which means it has not declined as severely as earnings. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.026 loss in 1Q 2021) First quarter 2022 results: EPS: CN¥0.002 (up from CN¥0.026 loss in 1Q 2021). Revenue: CN¥352.6m (up 45% from 1Q 2021). Net income: CN¥637.4k (up CN¥8.91m from 1Q 2021). Profit margin: 0.2% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. 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. 10 experienced directors. 2 highly experienced directors. 4 independent directors (6 non-independent directors). Chairman Dong Chen was the last director to join the board, commencing their role in 2019. 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 17
Full year 2021 earnings released: EPS: CN¥0.13 (vs CN¥0.27 loss in FY 2020) Full year 2021 results: EPS: CN¥0.13 (up from CN¥0.27 loss in FY 2020). Revenue: CN¥1.83b (up 38% from FY 2020). Net income: CN¥42.1m (up CN¥128.3m from FY 2020). Profit margin: 2.3% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.05 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥364.1m (up 26% from 3Q 2020). Net income: CN¥13.0m (up CN¥28.5m from 3Q 2020). Profit margin: 3.6% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.12 loss per share (vs CN¥0.26 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥264.7m (up 33% from 2Q 2020). Net loss: CN¥41.2m (loss narrowed 49% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • May 04
First quarter 2021 earnings released: CN¥0.026 loss per share (vs CN¥0.03 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses and improved control over expenses, although revenues were flat. First quarter 2021 results: Revenue: CN¥243.5m (flat on 1Q 2020). Net loss: CN¥8.28m (loss narrowed 17% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 28
Full year 2020 earnings released: CN¥0.27 loss per share (vs CN¥0.09 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¥1.33b (down 8.7% from FY 2019). Net loss: CN¥86.2m (down 413% from profit in FY 2019). 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 10% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 05
Inspur Software Co., Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021 Inspur Software Co., Ltd. announced that they will report fiscal year 2020 results on Mar 27, 2021 Is New 90 Day High Low • Jan 26
New 90-day low: CN¥14.87 The company is down 12% from its price of CN¥16.88 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 5.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥15.06 The company is down 15% from its price of CN¥17.67 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 4.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥20.6m, with earnings decreasing by CN¥175.6m from the prior year. Total revenue was CN¥1.42b over the last 12 months, up 4.9% from the prior year. Aankondiging • Oct 29
Inspur Software Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Inspur Software Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 24
New 90-day low: CN¥17.58 The company is down 6.0% from its price of CN¥18.61 on 24 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 9.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥17.77 The company is down 3.0% from its price of CN¥18.30 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 Software industry, which is down 2.0% over the same period. Aankondiging • Jul 18
Inspur Software Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Inspur Software Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020