Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.64 loss per share (vs CN¥0.02 profit in FY 2024) Full year 2025 results: CN¥0.64 loss per share (down from CN¥0.02 profit in FY 2024). Revenue: CN¥308.4m (up 5.1% from FY 2024). Net loss: CN¥47.5m (down CN¥49.2m from profit in FY 2024). Aankondiging • Apr 29
WebRAY Tech(Beijing) Co., Ltd., Annual General Meeting, May 19, 2026 WebRAY Tech(Beijing) Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: 2F, North Tower, No. 9, Shangdi 9th Street, Haidian District, Beijing China Aankondiging • Mar 30
WebRAY Tech(Beijing) Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 WebRAY Tech(Beijing) Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Reported Earnings • Mar 04
Full year 2025 earnings released: CN¥0.58 loss per share (vs CN¥0.02 profit in FY 2024) Full year 2025 results: CN¥0.58 loss per share (down from CN¥0.02 profit in FY 2024). Revenue: CN¥311.9m (up 6.3% from FY 2024). Net loss: CN¥43.7m (down CN¥45.4m from profit in FY 2024). New Risk • Jan 22
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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 40% per year over the past 5 years. Aankondiging • Dec 26
WebRAY Tech(Beijing) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 WebRAY Tech(Beijing) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 New Risk • Dec 23
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 7.1% 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 30
Third quarter 2025 earnings released: CN¥0.23 loss per share (vs CN¥0.21 loss in 3Q 2024) Third quarter 2025 results: CN¥0.23 loss per share (further deteriorated from CN¥0.21 loss in 3Q 2024). Revenue: CN¥49.8m (up 3.6% from 3Q 2024). Net loss: CN¥17.7m (loss widened 9.3% from 3Q 2024). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. New Risk • Oct 30
New major risk - Revenue and earnings growth Earnings have declined by 33% 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 • Sep 30
WebRAY Tech(Beijing) Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 WebRAY Tech(Beijing) Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Aankondiging • Jun 30
WebRAY Tech(Beijing) Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 WebRAY Tech(Beijing) Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Reported Earnings • May 05
First quarter 2025 earnings released: CN¥0.18 loss per share (vs CN¥0.07 loss in 1Q 2024) First quarter 2025 results: CN¥0.18 loss per share (further deteriorated from CN¥0.07 loss in 1Q 2024). Revenue: CN¥47.3m (up 12% from 1Q 2024). Net loss: CN¥13.3m (loss widened 141% from 1Q 2024). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Aankondiging • Apr 29
WebRAY Tech(Beijing) Co., Ltd., Annual General Meeting, May 19, 2025 WebRAY Tech(Beijing) Co., Ltd., Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Aankondiging • Mar 28
WebRAY Tech(Beijing) Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 WebRAY Tech(Beijing) Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Reported Earnings • Mar 02
Full year 2024 earnings released: EPS: CN¥0.31 (vs CN¥0.66 in FY 2023) Full year 2024 results: EPS: CN¥0.31 (down from CN¥0.66 in FY 2023). Revenue: CN¥318.0m (up 9.4% from FY 2023). Net income: CN¥20.1m (down 53% from FY 2023). Profit margin: 6.3% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥31.62, the stock trades at a trailing P/E ratio of 76.7x. Average forward P/E is 41x in the Software industry in China. Total loss to shareholders of 29% over the past year. Aankondiging • Dec 27
WebRAY Tech(Beijing) Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 WebRAY Tech(Beijing) Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.21 loss per share (vs CN¥0.096 loss in 3Q 2023) Third quarter 2024 results: CN¥0.21 loss per share. Revenue: CN¥48.1m (up 20% from 3Q 2023). Net loss: CN¥16.2m (loss narrowed 4.4% from 3Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Aankondiging • Sep 30
WebRAY Tech(Beijing) Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 WebRAY Tech(Beijing) Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥31.78, the stock trades at a trailing P/E ratio of 78.9x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 38% over the past year. New Risk • Sep 04
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: 10% Last year net profit margin: 19% 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 High level of non-cash earnings (42% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥27.95, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 60x in the Software industry in China. Total loss to shareholders of 39% over the past year. Aankondiging • Jun 28
WebRAY Tech(Beijing) Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 WebRAY Tech(Beijing) Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥27.51, the stock trades at a trailing P/E ratio of 46.9x. Average trailing P/E is 57x in the Software industry in China. Aankondiging • Apr 29
WebRAY Tech(Beijing) Co., Ltd., Annual General Meeting, May 17, 2024 WebRAY Tech(Beijing) Co., Ltd., Annual General Meeting, May 17, 2024, at 13:30 China Standard Time. Location: 2F, North Tower, No. 9, Shangdijiu Street, Haidian District, Beijing China Reported Earnings • Apr 27
First quarter 2024 earnings released: CN¥0.07 loss per share (vs CN¥0.055 loss in 1Q 2023) First quarter 2024 results: CN¥0.07 loss per share (further deteriorated from CN¥0.055 loss in 1Q 2023). Revenue: CN¥42.2m (down 9.2% from 1Q 2023). Net loss: CN¥5.53m (loss widened 75% from 1Q 2023). Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. New Risk • Apr 22
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 13% 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. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥23.46, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 28x in the Software industry in China. Aankondiging • Mar 29
WebRAY Tech(Beijing) Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 WebRAY Tech(Beijing) Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Reported Earnings • Feb 27
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.70 (down from CN¥0.82 in FY 2022). Revenue: CN¥303.2m (up 28% from FY 2022). Net income: CN¥45.3m (down 2.0% from FY 2022). Profit margin: 15% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Aankondiging • Feb 09
WebRAY Tech(Beijing) Co., Ltd. (SHSE:688651) announces an Equity Buyback for CNY 30 million worth of its shares. WebRAY Tech(Beijing) Co., Ltd. (SHSE:688651) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its shares. The repurchase price will not be more than CNY 50 per share. The shares repurchased will be used for the company’s employee stock ownership plan or equity incentives. Repurchases will be funded using the company’s super-raised funds and its own funds. The repurchase period will not be more than 12 months. As of February 6, 2024, the company had 75,399,000 shares outstanding. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥31.74, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 28x in the Software industry in China. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥47.56, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 32x in the Software industry in China. Reported Earnings • Aug 29
First half 2023 earnings released First half 2023 results: CN¥0.11 loss per share. Net loss: CN¥6.30m (flat on 1H 2022). Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥43.94, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 71x in the Software industry in China. Aankondiging • Aug 04
WebRAY Tech(Beijing) Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 WebRAY Tech(Beijing) Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023