New Risk • Jun 06
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining 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 Earnings have declined by 7.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.4% 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). New Risk • Apr 30
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: 0.3% Last year net profit margin: 4.9% 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 Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 7.1% 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 • Apr 29
Full year 2025 earnings released: EPS: CN¥0.30 (vs CN¥0.03 loss in FY 2024) Full year 2025 results: EPS: CN¥0.30 (up from CN¥0.03 loss in FY 2024). Revenue: CN¥697.8m (up 33% from FY 2024). Net income: CN¥30.2m (up CN¥33.2m from FY 2024). Profit margin: 4.3% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 29
Hangzhou Hopechart IoT Technology Co.,Ltd, Annual General Meeting, May 19, 2026 Hangzhou Hopechart IoT Technology Co.,Ltd, Annual General Meeting, May 19, 2026, at 14:20 China Standard Time. Location: 17F, No. 35, Qizhi Street, Binjiang District, Hangzhou, Zhejiang China New Risk • Apr 01
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 8.5% 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 17% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Aankondiging • Mar 30
Hangzhou Hopechart IoT Technology Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 Hangzhou Hopechart IoT Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥22.79, the stock trades at a trailing P/E ratio of 77.3x. Average trailing P/E is 84x in the Software industry in China. Total loss to shareholders of 12% over the past three years. Reported Earnings • Mar 05
Full year 2025 earnings released: EPS: CN¥0.29 (vs CN¥0.03 loss in FY 2024) Full year 2025 results: EPS: CN¥0.29 (up from CN¥0.03 loss in FY 2024). Revenue: CN¥697.8m (up 33% from FY 2024). Net income: CN¥29.4m (up CN¥32.4m from FY 2024). Profit margin: 4.2% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 26
Hangzhou Hopechart IoT Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026 Hangzhou Hopechart IoT Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥25.81, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 80x in the Software industry in China. Total returns to shareholders of 40% over the past three years. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.078 (vs CN¥0.14 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.078 (up from CN¥0.14 loss in 3Q 2024). Revenue: CN¥160.8m (up 33% from 3Q 2024). Net income: CN¥7.62m (up CN¥19.4m from 3Q 2024). Profit margin: 4.7% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Aankondiging • Sep 30
Hangzhou Hopechart IoT Technology Co.,Ltd to Report Q3, 2025 Results on Oct 29, 2025 Hangzhou Hopechart IoT Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Aankondiging • Jun 30
Hangzhou Hopechart IoT Technology Co.,Ltd to Report First Half, 2025 Results on Aug 28, 2025 Hangzhou Hopechart IoT Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.13 loss in 1Q 2024) First quarter 2025 results: EPS: CN¥0.20 (up from CN¥0.13 loss in 1Q 2024). Revenue: CN¥166.1m (up 30% from 1Q 2024). Net income: CN¥20.2m (up CN¥30.3m from 1Q 2024). Profit margin: 12% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 24% per year. Aankondiging • Apr 29
Hangzhou Hopechart IoT Technology Co.,Ltd, Annual General Meeting, May 20, 2025 Hangzhou Hopechart IoT Technology Co.,Ltd, Annual General Meeting, May 20, 2025, at 14:20 China Standard Time. Aankondiging • Mar 28
Hangzhou Hopechart IoT Technology Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 Hangzhou Hopechart IoT Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Mar 02
Full year 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.71 loss in FY 2023) Full year 2024 results: CN¥0.04 loss per share (improved from CN¥0.71 loss in FY 2023). Revenue: CN¥522.7m (up 28% from FY 2023). Net loss: CN¥3.48m (loss narrowed 95% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 19% 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. 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. This is currently the only risk that has been identified for the company. Aankondiging • Dec 27
Hangzhou Hopechart IoT Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025 Hangzhou Hopechart IoT Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.14 loss per share (vs CN¥0.12 loss in 3Q 2023) Third quarter 2024 results: CN¥0.14 loss per share. Revenue: CN¥120.8m (flat on 3Q 2023). Net loss: CN¥11.7m (loss narrowed 2.6% from 3Q 2023). Aankondiging • Sep 30
Hangzhou Hopechart IoT Technology Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 Hangzhou Hopechart IoT Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 Aankondiging • Jun 28
Hangzhou Hopechart IoT Technology Co.,Ltd to Report First Half, 2024 Results on Aug 30, 2024 Hangzhou Hopechart IoT Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Jun 05
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. 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 72% per year over the past 5 years. Aankondiging • Apr 29
Hangzhou Hopechart IoT Technology Co.,Ltd, Annual General Meeting, May 17, 2024 Hangzhou Hopechart IoT Technology Co.,Ltd, Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 17F, No. 35, Qizhi Street, Binjiang District, Hangzhou, Zhejiang China Reported Earnings • Apr 28
First quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.11 loss in 1Q 2023) First quarter 2024 results: CN¥0.13 loss per share. Revenue: CN¥128.2m (up 51% from 1Q 2023). Net loss: CN¥10.1m (loss narrowed 6.3% from 1Q 2023). New Risk • Apr 15
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 12% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 64% per year over the past 5 years. Aankondiging • Mar 29
Hangzhou Hopechart IoT Technology Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024 Hangzhou Hopechart IoT Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Feb 27
Full year 2023 earnings released: CN¥0.71 loss per share (vs CN¥1.06 loss in FY 2022) Full year 2023 results: CN¥0.71 loss per share (improved from CN¥1.06 loss in FY 2022). Revenue: CN¥407.2m (up 70% from FY 2022). Net loss: CN¥71.1m (loss narrowed 33% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 09
Hangzhou Hopechart IoT Technology Co.,Ltd (SHSE:688288) announces an Equity Buyback for CNY 40 million worth of its shares. Hangzhou Hopechart IoT Technology Co.,Ltd (SHSE:688288) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The company will use CNY 32 million worth of its shares to be used for maintaining the company's value and shareholders' rights and interests and it will use CNY 8 million worth of its shares to be used for employee stock ownership plans or equity incentives. The shares will be repurchased at no more than CNY 28 per share. The program will be funded from company's own funds or self-raised funds. The plan will be valid for 3 months for the purpose of maintaining the company's value and shareholders' rights and interests and for 12 months for the purpose of repurchasing shares to be used for employee stock ownership plans or equity incentives. New Risk • Feb 05
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 Earnings have declined by 66% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Aankondiging • Jun 28
Hangzhou Hopechart IoT Technology Co.,Ltd to Report First Half, 2023 Results on Aug 30, 2023 Hangzhou Hopechart IoT Technology Co.,Ltd announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Mar 01
Full year 2022 earnings released: CN¥1.07 loss per share (vs CN¥0.30 profit in FY 2021) Full year 2022 results: CN¥1.07 loss per share (down from CN¥0.30 profit in FY 2021). Revenue: CN¥244.7m (down 40% from FY 2021). Net loss: CN¥107.3m (down 463% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director & Secretary Hui Hua Lu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Reported Earnings • Oct 29
Third quarter 2022 earnings released: CN¥0.27 loss per share (vs CN¥0.014 profit in 3Q 2021) Third quarter 2022 results: CN¥0.27 loss per share (down from CN¥0.014 profit in 3Q 2021). Revenue: CN¥59.5m (down 11% from 3Q 2021). Net loss: CN¥27.2m (down CN¥28.5m from profit in 3Q 2021). Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.15 loss per share (down from CN¥0.20 profit in 1Q 2021). Revenue: CN¥69.1m (down 49% from 1Q 2021). Net loss: CN¥15.1m (down 172% from profit in 1Q 2021). Revenue missed analyst estimates by 33%. Earnings per share (EPS) were also behind analyst expectations. Board Change • Apr 27
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. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . 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 • Feb 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.29 (down from CN¥0.88 in FY 2020). Revenue: CN¥405.6m (down 11% from FY 2020). Net income: CN¥29.4m (down 67% from FY 2020). Profit margin: 7.2% (down from 19% in FY 2020). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 33%. Earnings per share (EPS) also missed analyst estimates by 75%. Over the next year, revenue is forecast to grow 113%, compared to a 33% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥32.81, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 35x in the Software industry in China. Total loss to shareholders of 1.6% over the past year. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥47.83, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 31x in the Software industry in China. Total returns to shareholders of 17% over the past year. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥36.94, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 19% over the past year. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.014 (vs CN¥0.18 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥67.2m (down 36% from 3Q 2020). Net income: CN¥1.32m (down 93% from 3Q 2020). Profit margin: 2.0% (down from 17% in 3Q 2020). The decrease in margin was driven by lower revenue. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.26 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥116.3m (down 12% from 2Q 2020). Net income: CN¥20.4m (down 21% from 2Q 2020). Profit margin: 18% (down from 20% in 2Q 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥48.08, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 35x in the Software industry in China. Total returns to shareholders of 17% over the past year. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.11 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥134.6m (up 104% from 1Q 2020). Net income: CN¥20.9m (up 92% from 1Q 2020). Profit margin: 16% (in line with 1Q 2020). Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥43.50, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 35x in the Software industry in China. Total returns to shareholders of 31% over the past year. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥39.00, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 35x in the Software industry in China. Total returns to shareholders of 21% over the past year. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥32.50, the stock is trading at a trailing P/E ratio of 41.9x, down from the previous P/E ratio of 49.6x. This compares to an average P/E of 53x in the Software industry in China. Total return to shareholders over the past year is a loss of 16%. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥35.41 The company is down 13% from its price of CN¥40.92 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software 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¥6.25 per share. Valuation Update With 7 Day Price Move • Nov 09
Market bids up stock over the past week After last week's 16% share price gain to CN¥41.79, the stock is trading at a trailing P/E ratio of 53.7x, up from the previous P/E ratio of 46.2x. This compares to an average P/E of 63x in the Software industry in China. Total returns to shareholders over the past year are 13%. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥39.00 The company is down 24% from its price of CN¥51.00 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥5.80 per share. Aankondiging • Oct 20
Hangzhou Hopechart IoT Technology Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020 Hangzhou Hopechart IoT Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020 Aankondiging • Jul 09
Hangzhou Hopechart IoT Technology Co., Ltd. to Report First Half, 2020 Results on Aug 22, 2020 Hangzhou Hopechart IoT Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 22, 2020