Aankondiging • Aug 07
Shanghai Yuechi Wujiang Technology Partnership Enterprise (Limited Partnership) completed the acquisition of 9.92% stake in Wuhan Citms Technology CO.,LTD. (SHSE:688038) from Wang Kaixue, Wang Jianfeng, Wuhan Xinlian Yonghe Hi-Tech Investment Partnership Enterprise (Limited Partnership) and Wuhan Zecheng Yonghe Technology Investment Partnership Enterprise (Limited Partnership). Shanghai Yuechi Wujiang Technology Partnership Enterprise (Limited Partnership) entered into a Share Transfer Agreement to acquire 9.92% stake in Wuhan Citms Technology CO.,LTD. (SHSE:688038) from Wang Kaixue, Wang Jianfeng, Wuhan Xinlian Yonghe Hi-Tech Investment Partnership Enterprise (Limited Partnership) and Wuhan Zecheng Yonghe Technology Investment Partnership Enterprise (Limited Partnership) for approximately CNY 220 million on June 8, 2026. A cash consideration of CNY 218.01 million valued at CNY 18.89 per share will be paid by Shanghai Yuechi Wujiang Technology Partnership Enterprise (Limited Partnership). As part of consideration, CNY 218.01 million is paid towards common equity of Wuhan Citms Technology CO.,LTD. The transaction will be financed through own funds.
Shanghai Yuechi Wujiang Technology Partnership Enterprise (Limited Partnership) completed the acquisition of 9.92% stake in Wuhan Citms Technology CO.,LTD. (SHSE:688038) from Wang Kaixue, Wang Jianfeng, Wuhan Xinlian Yonghe Hi-Tech Investment Partnership Enterprise (Limited Partnership) and Wuhan Zecheng Yonghe Technology Investment Partnership Enterprise (Limited Partnership) on August 5, 2026. Aankondiging • Jun 30
Wuhan Citms Technology CO.,LTD. to Report First Half, 2026 Results on Aug 27, 2026 Wuhan Citms Technology CO.,LTD. announced that they will report first half, 2026 results on Aug 27, 2026 Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.16 loss in FY 2024) Full year 2025 results: CN¥0.03 loss per share (improved from CN¥0.16 loss in FY 2024). Revenue: CN¥258.9m (down 24% from FY 2024). Net loss: CN¥3.76m (loss narrowed 79% from FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 29
Wuhan Citms Technology CO.,LTD., Annual General Meeting, May 20, 2026 Wuhan Citms Technology CO.,LTD., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: 10F, Building C3, Phase III, No. 1, Guanshan Avenue, East Lake New Technology Development Zone, Wuhan, Hubei China Buy Or Sell Opportunity • Apr 08
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to CN¥22.57. The fair value is estimated to be CN¥18.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 5.5%. Aankondiging • Mar 30
Wuhan Citms Technology CO.,LTD. to Report Q1, 2026 Results on Apr 29, 2026 Wuhan Citms Technology CO.,LTD. announced that they will report Q1, 2026 results on Apr 29, 2026 Buy Or Sell Opportunity • Mar 10
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 37% to CN¥22.39. The fair value is estimated to be CN¥18.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 5.5%. Reported Earnings • Mar 04
Full year 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.16 loss in FY 2024) Full year 2025 results: CN¥0.03 loss per share (improved from CN¥0.16 loss in FY 2024). Revenue: CN¥262.6m (down 23% from FY 2024). Net loss: CN¥3.98m (loss narrowed 78% from FY 2024). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year. New Risk • Feb 27
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 62% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Aankondiging • Dec 26
Wuhan Citms Technology CO.,LTD. to Report Fiscal Year 2025 Results on Apr 29, 2026 Wuhan Citms Technology CO.,LTD. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: CN¥0.052 loss per share (vs CN¥0.045 loss in 3Q 2024) Third quarter 2025 results: CN¥0.052 loss per share (further deteriorated from CN¥0.045 loss in 3Q 2024). Revenue: CN¥25.4m (down 52% from 3Q 2024). Net loss: CN¥6.02m (loss widened 15% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Aankondiging • Sep 30
Wuhan Citms Technology CO.,LTD. to Report Q3, 2025 Results on Oct 24, 2025 Wuhan Citms Technology CO.,LTD. announced that they will report Q3, 2025 results on Oct 24, 2025 Reported Earnings • Aug 26
Second quarter 2025 earnings released: CN¥0.098 loss per share (vs CN¥0.022 profit in 2Q 2024) Second quarter 2025 results: CN¥0.098 loss per share (down from CN¥0.022 profit in 2Q 2024). Revenue: CN¥45.4m (down 62% from 2Q 2024). Net loss: CN¥5.43m (down 298% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Aankondiging • Jun 30
Wuhan Citms Technology CO.,LTD. to Report First Half, 2025 Results on Aug 23, 2025 Wuhan Citms Technology CO.,LTD. announced that they will report first half, 2025 results on Aug 23, 2025 Reported Earnings • Apr 26
Full year 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.88 loss in FY 2023) Full year 2024 results: CN¥0.15 loss per share (improved from CN¥0.88 loss in FY 2023). Revenue: CN¥349.7m (up 60% from FY 2023). Net loss: CN¥17.3m (loss narrowed 83% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 26
Wuhan Citms Technology CO.,LTD., Annual General Meeting, May 16, 2025 Wuhan Citms Technology CO.,LTD., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: 10F, Building A3, Phase III, No. 1, Guanshan Avenue, East Lake New Technology Development Zone, Wuhan, Hubei China Aankondiging • Mar 28
Wuhan Citms Technology CO.,LTD. to Report Q1, 2025 Results on Apr 26, 2025 Wuhan Citms Technology CO.,LTD. announced that they will report Q1, 2025 results on Apr 26, 2025 New Risk • Mar 24
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 8.2% 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 Earnings have declined by 73% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Board Change • Mar 24
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. 5 non-independent directors. Supervisor Bin Liu was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 26
Full year 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.88 loss in FY 2023) Full year 2024 results: CN¥0.15 loss per share (improved from CN¥0.88 loss in FY 2023). Revenue: CN¥349.7m (up 60% from FY 2023). Net loss: CN¥17.3m (loss narrowed 83% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). Aankondiging • Dec 27
Wuhan Citms Technology CO.,LTD. to Report Fiscal Year 2024 Results on Apr 26, 2025 Wuhan Citms Technology CO.,LTD. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.045 loss per share (vs CN¥0.11 loss in 3Q 2023) Third quarter 2024 results: CN¥0.045 loss per share (improved from CN¥0.11 loss in 3Q 2023). Revenue: CN¥52.7m (up 50% from 3Q 2023). Net loss: CN¥5.24m (loss narrowed 57% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
Wuhan Citms Technology CO.,LTD. to Report Q3, 2024 Results on Oct 30, 2024 Wuhan Citms Technology CO.,LTD. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.022 (vs CN¥0.037 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.022 (up from CN¥0.037 loss in 2Q 2023). Revenue: CN¥118.2m (up 74% from 2Q 2023). Net income: CN¥2.75m (up CN¥8.11m from 2Q 2023). Profit margin: 2.3% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 28
Wuhan Citms Technology CO.,LTD. to Report First Half, 2024 Results on Aug 23, 2024 Wuhan Citms Technology CO.,LTD. announced that they will report first half, 2024 results on Aug 23, 2024 Aankondiging • Apr 21
Wuhan Citms Technology CO.,LTD., Annual General Meeting, May 10, 2024 Wuhan Citms Technology CO.,LTD., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Reported Earnings • Apr 20
Full year 2023 earnings released: CN¥0.88 loss per share (vs CN¥0.07 loss in FY 2022) Full year 2023 results: CN¥0.88 loss per share (further deteriorated from CN¥0.07 loss in FY 2022). Revenue: CN¥219.2m (down 44% from FY 2022). Net loss: CN¥102.5m (loss widened CN¥94.1m from FY 2022). Aankondiging • Mar 29
Wuhan Citms Technology CO.,LTD. to Report Q1, 2024 Results on Apr 27, 2024 Wuhan Citms Technology CO.,LTD. announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Feb 24
Full year 2023 earnings released: CN¥0.91 loss per share (vs CN¥0.07 loss in FY 2022) Full year 2023 results: CN¥0.91 loss per share (further deteriorated from CN¥0.07 loss in FY 2022). Revenue: CN¥220.7m (down 44% from FY 2022). Net loss: CN¥106.0m (loss widened CN¥97.5m from FY 2022). New Risk • Feb 02
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: Major Risk Earnings have declined by 48% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Aankondiging • Dec 29
Wuhan Citms Technology CO.,LTD. to Report Fiscal Year 2023 Results on Apr 20, 2024 Wuhan Citms Technology CO.,LTD. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: CN¥0.11 loss per share (vs CN¥0.042 loss in 3Q 2022) Third quarter 2023 results: CN¥0.11 loss per share (further deteriorated from CN¥0.042 loss in 3Q 2022). Revenue: CN¥35.2m (down 53% from 3Q 2022). Net loss: CN¥12.1m (loss widened 261% from 3Q 2022). Reported Earnings • Aug 12
Second quarter 2023 earnings released: CN¥0.037 loss per share (vs CN¥0.12 profit in 2Q 2022) Second quarter 2023 results: CN¥0.037 loss per share (down from CN¥0.12 profit in 2Q 2022). Revenue: CN¥68.2m (down 40% from 2Q 2022). Net loss: CN¥5.36m (down 137% from profit in 2Q 2022). Aankondiging • Jun 28
Wuhan Citms Technology CO.,LTD. to Report First Half, 2023 Results on Aug 12, 2023 Wuhan Citms Technology CO.,LTD. announced that they will report first half, 2023 results on Aug 12, 2023 Reported Earnings • Apr 15
Full year 2022 earnings released: CN¥0.07 loss per share (vs CN¥0.37 profit in FY 2021) Full year 2022 results: CN¥0.07 loss per share (down from CN¥0.37 profit in FY 2021). Revenue: CN¥391.2m (down 8.6% from FY 2021). Net loss: CN¥8.44m (down 123% from profit in FY 2021). Reported Earnings • Mar 01
Full year 2022 earnings released: CN¥0.08 loss per share (vs CN¥0.37 profit in FY 2021) Full year 2022 results: CN¥0.08 loss per share (down from CN¥0.37 profit in FY 2021). Revenue: CN¥392.5m (down 8.3% from FY 2021). Net loss: CN¥9.01m (down 125% from profit in FY 2021). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (3 non-independent directors). Director & Deputy GM Jianfeng Wang 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.042 loss per share (vs CN¥0.009 profit in 3Q 2021) Third quarter 2022 results: CN¥0.042 loss per share (down from CN¥0.009 profit in 3Q 2021). Revenue: CN¥74.9m (up 57% from 3Q 2021). Net loss: CN¥3.36m (down 423% from profit in 3Q 2021). Reported Earnings • Aug 23
Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.07 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.07 in 2Q 2021). Revenue: CN¥113.0m (down 5.4% from 2Q 2021). Net income: CN¥14.5m (up 136% from 2Q 2021). Profit margin: 13% (up from 5.1% in 2Q 2021). Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥14.83, the stock trades at a trailing P/E ratio of 70.4x. Average trailing P/E is 50x in the Software industry in China. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.37 (vs CN¥0.63 in FY 2020) Full year 2021 results: EPS: CN¥0.37 (down from CN¥0.63 in FY 2020). Revenue: CN¥427.9m (down 14% from FY 2020). Net income: CN¥36.6m (down 34% from FY 2020). Profit margin: 8.6% (down from 11% in FY 2020). The decrease in margin was driven by lower revenue.