Reported Earnings • Apr 25
Full year 2025 earnings released: CN¥0.40 loss per share (vs CN¥0.11 profit in FY 2024) Full year 2025 results: CN¥0.40 loss per share (down from CN¥0.11 profit in FY 2024). Revenue: CN¥3.24b (up 26% from FY 2024). Net loss: CN¥176.5m (down 458% 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 97 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 25
IReader Technology Co., Ltd., Annual General Meeting, May 15, 2026 IReader Technology Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Aankondiging • Mar 30
IReader Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 IReader Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Mar 08
New major risk - Revenue and earnings growth Earnings have declined by 62% 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 62% per year over the past 5 years. New Risk • Feb 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. New Risk • Dec 31
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 7.2% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Aankondiging • Dec 26
IReader Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 IReader Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released Third quarter 2025 results: Net income: (down CN¥10.9m from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Oct 31
New major risk - Revenue and earnings growth Earnings have declined by 60% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 60% per year over the past 5 years. Aankondiging • Sep 30
IReader Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 IReader Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Sep 02
Second quarter 2025 earnings released: CN¥0.19 loss per share (vs CN¥0.058 profit in 2Q 2024) Second quarter 2025 results: CN¥0.19 loss per share (down from CN¥0.058 profit in 2Q 2024). Revenue: CN¥882.9m (up 35% from 2Q 2024). Net loss: CN¥85.9m (down 438% from profit in 2Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. New Risk • Jul 30
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 93% The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). New Risk • Jul 11
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 6.8% 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. This is currently the only risk that has been identified for the company. Aankondiging • Jun 30
IReader Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 IReader Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Declared Dividend • Jun 06
Dividend increased to CN¥0.10 Dividend of CN¥0.10 is 233% higher than last year. Ex-date: 10th June 2025 Payment date: 10th June 2025 Dividend yield will be 0.5%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.8% to bring the payout ratio under control. EPS is expected to grow by 65% over the next year, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Apr 22
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: CN¥0.11 (up from CN¥0.08 in FY 2023). Revenue: CN¥2.58b (down 7.0% from FY 2023). Net income: CN¥49.3m (up 42% from FY 2023). Profit margin: 1.9% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. 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. Aankondiging • Apr 20
IReader Technology Co., Ltd., Annual General Meeting, May 12, 2025 IReader Technology Co., Ltd., Annual General Meeting, May 12, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Aankondiging • Mar 28
IReader Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 IReader Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 New Risk • Jan 10
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 9.3% 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. Aankondiging • Dec 27
IReader Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 IReader Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.006 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.021 (up from CN¥0.006 loss in 3Q 2023). Revenue: CN¥581.4m (down 16% from 3Q 2023). Net income: CN¥10.9m (up CN¥13.6m from 3Q 2023). Profit margin: 1.9% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
IReader Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 IReader Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.058 (vs CN¥0.061 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.058 (down from CN¥0.061 in 2Q 2023). Revenue: CN¥653.4m (down 2.4% from 2Q 2023). Net income: CN¥25.4m (down 19% from 2Q 2023). Profit margin: 3.9% (down from 4.7% in 2Q 2023). 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. Aankondiging • Jun 28
IReader Technology Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 IReader Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Reported Earnings • Apr 28
First quarter 2024 earnings released: CN¥0.17 loss per share (vs CN¥0.02 profit in 1Q 2023) First quarter 2024 results: CN¥0.17 loss per share (down from CN¥0.02 profit in 1Q 2023). Revenue: CN¥678.5m (up 13% from 1Q 2023). Net loss: CN¥73.2m (down CN¥79.8m from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 21
IReader Technology Co., Ltd., Annual General Meeting, May 13, 2024 IReader Technology Co., Ltd., Annual General Meeting, May 13, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Aankondiging • Mar 29
IReader Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 IReader Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Aankondiging • Dec 29
IReader Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 IReader Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 New Risk • Nov 06
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 6.6% 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. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (125% payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.006 loss per share (vs CN¥0.004 loss in 3Q 2022) Third quarter 2023 results: CN¥0.006 loss per share (further deteriorated from CN¥0.004 loss in 3Q 2022). Revenue: CN¥695.7m (up 2.6% from 3Q 2022). Net loss: CN¥2.76m (loss widened 93% from 3Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
IReader Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 IReader Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 New Risk • Sep 11
New major risk - Revenue and earnings growth Earnings have declined by 1.5% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Paying a dividend despite having no free cash flows. Earnings have declined by 1.5% per year over the past 5 years. High level of non-cash earnings (50% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.061 (down from CN¥0.14 in 2Q 2022). Revenue: CN¥669.5m (flat on 2Q 2022). Net income: CN¥31.6m (down 42% from 2Q 2022). Profit margin: 4.7% (down from 8.2% in 2Q 2022). Revenue is forecast to grow 14% 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 fallen by 56% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Aankondiging • Jun 28
IReader Technology Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023 IReader Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 23
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: CN¥0.13 (down from CN¥0.35 in FY 2021). Revenue: CN¥2.58b (up 25% from FY 2021). Net income: CN¥57.6m (down 62% from FY 2021). Profit margin: 2.2% (down from 7.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.4%. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 12% 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 fallen by 36% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Aankondiging • Dec 19
IReader Technology Co., Ltd.(XSSC:603533) dropped from S&P Global BMI Index IReader Technology Co., Ltd.(XSSC:603533) dropped from S&P Global BMI Index Price Target Changed • Nov 16
Price target decreased to CN¥17.15 Down from CN¥54.00, the current price target is provided by 1 analyst. New target price is 5.9% above last closing price of CN¥16.19. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥0.49 for next year compared to CN¥0.35 last year. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Chao Yang Zhang was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.004 loss per share (vs CN¥0.036 profit in 3Q 2021) Third quarter 2022 results: CN¥0.004 loss per share (down from CN¥0.036 profit in 3Q 2021). Revenue: CN¥677.8m (up 35% from 3Q 2021). Net loss: CN¥1.43m (down 110% from profit in 3Q 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.16 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.16 in 2Q 2021). Revenue: CN¥664.9m (up 23% from 2Q 2021). Net income: CN¥54.7m (down 22% from 2Q 2021). Profit margin: 8.2% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 24%, compared to a 33% growth forecast for the Software 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 increased by 3% per year, which means it is well ahead of 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. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Tao Lin was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥26.09, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 39% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.036 (vs CN¥0.14 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥502.5m (down 2.4% from 3Q 2020). Net income: CN¥14.9m (down 73% from 3Q 2020). Profit margin: 3.0% (down from 11% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.14 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥540.3m (up 11% from 2Q 2020). Net income: CN¥70.5m (up 28% from 2Q 2020). Profit margin: 13% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥22.30, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.45 per share. Reported Earnings • Apr 21
Full year 2020 earnings released: EPS CN¥0.66 (vs CN¥0.40 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.06b (up 9.5% from FY 2019). Net income: CN¥264.2m (up 64% from FY 2019). Profit margin: 13% (up from 8.6% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥41.34, the stock is trading at a trailing P/E ratio of 76.7x, up from the previous P/E ratio of 63.3x. This compares to an average P/E of 51x in the Software industry in China. Total returns to shareholders over the past three years are 24%. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥40.52, the stock is trading at a trailing P/E ratio of 75.1x, up from the previous P/E ratio of 63.5x. This compares to an average P/E of 53x in the Software industry in China. Total returns to shareholders over the past three years are 2.6%. Valuation Update With 7 Day Price Move • Nov 25
Market pulls back on stock over the past week After last week's 21% share price decline to CN¥40.97, the stock is trading at a trailing P/E ratio of 76x, down from the previous P/E ratio of 96.8x. This compares to an average P/E of 64x in the Software industry in China. Total return to shareholders over the past three years is a loss of 6.7%. Is New 90 Day High Low • Nov 07
New 90-day high: CN¥33.40 The company is up 4.0% from its price of CN¥32.23 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥49.29 per share. Valuation Update With 7 Day Price Move • Nov 06
Market bids up stock over the past week After last week's 19% share price gain to CN¥30.36, the stock is trading at a trailing P/E ratio of 56.3x, up from the previous P/E ratio of 47.4x. This compares to an average P/E of 62x in the Software industry in China. Total return to shareholders over the past three years is a loss of 55%. Reported Earnings • Oct 25
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥219.1m, up 65% from the prior year. Total revenue was CN¥1.99b over the last 12 months, up 6.4% from the prior year. Aankondiging • Aug 21
IReader Technology Co., Ltd. announced that it expects to receive CNY 1.0611114 billion in funding IReader Technology Co., Ltd. (SHSE:603533) announced a private placement of not more than 120,300,000 A shares for gross proceeds of not more than CNY 1,061,111,400 on August 20, 2020. The company will issue shares at a price not less than 80% of the average price of the company’s stock trading on the 20 trading days before the pricing base date. The transaction will include participation from not more than 35 specific investors. All shares to be issued will be subject to a lock-up period of 6 months from the date of issuance. The transaction has been approved in the 19th meeting of the second directorate and 16th meeting of the second board of supervisors of the company, and is subject to approval from shareholders and China Securities Regulatory Commission. The transaction will be valid for 12 months from the date of shareholders' approval. Aankondiging • Jul 10
IReader Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 IReader Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020