Aankondiging • Jun 30
Wiscom System Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Wiscom System Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Declared Dividend • Jun 21
Dividend of CN¥0.045 announced Shareholders will receive a dividend of CN¥0.045. Ex-date: 26th June 2026 Payment date: 26th June 2026 Dividend yield will be 0.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.4% EPS decline seen over the last 5 years. Reported Earnings • Apr 17
Full year 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.18 in FY 2024) Full year 2025 results: EPS: CN¥0.17 (down from CN¥0.18 in FY 2024). Revenue: CN¥1.56b (down 12% from FY 2024). Net income: CN¥66.0m (down 8.6% from FY 2024). Profit margin: 4.2% (up from 4.1% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Aankondiging • Apr 17
Wiscom System Co., Ltd., Annual General Meeting, May 08, 2026 Wiscom System Co., Ltd., Annual General Meeting, May 08, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Aankondiging • Mar 31
Wiscom System Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Wiscom System Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Aankondiging • Dec 31
Wiscom System Co., Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Wiscom System Co., Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.038 (vs CN¥0.021 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.038 (up from CN¥0.021 in 3Q 2024). Revenue: CN¥356.6m (flat on 3Q 2024). Net income: CN¥15.0m (up 81% from 3Q 2024). Profit margin: 4.2% (up from 2.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Sep 30
Wiscom System Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Wiscom System Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Buy Or Sell Opportunity • Sep 08
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to CN¥11.06. The fair value is estimated to be CN¥9.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 9.6%. Aankondiging • Jul 02
Wiscom System Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Wiscom System Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Director Da Yong Wang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Apr 12
Wiscom System Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Wiscom System Co., Ltd. proposed final cash dividend of CNY 0.40000000 per ten shares (tax included) for the year 2024. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.15 in FY 2023) Full year 2024 results: EPS: CN¥0.18 (up from CN¥0.15 in FY 2023). Revenue: CN¥1.77b (up 9.7% from FY 2023). Net income: CN¥72.3m (up 20% from FY 2023). Profit margin: 4.1% (up from 3.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Aankondiging • Apr 11
Wiscom System Co., Ltd., Annual General Meeting, May 07, 2025 Wiscom System Co., Ltd., Annual General Meeting, May 07, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Nanjing, Jiangsu China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥7.99, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 74x in the IT industry in China. Total loss to shareholders of 4.6% over the past three years. Aankondiging • Mar 31
Wiscom System Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Wiscom System Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Buy Or Sell Opportunity • Mar 24
Now 21% undervalued Over the last 90 days, the stock has risen 4.9% to CN¥9.46. The fair value is estimated to be CN¥11.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 28%. Buy Or Sell Opportunity • Jan 23
Now 28% undervalued Over the last 90 days, the stock has risen 9.4% to CN¥9.30. The fair value is estimated to be CN¥12.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 28%. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥9.68, the stock trades at a trailing P/E ratio of 52.6x. Average trailing P/E is 66x in the IT industry in China. Total returns to shareholders of 16% over the past three years. Aankondiging • Dec 31
Wiscom System Co., Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2025 Wiscom System Co., Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.013 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.021 (up from CN¥0.013 in 3Q 2023). Revenue: CN¥360.0m (down 3.9% from 3Q 2023). Net income: CN¥8.33m (up 61% from 3Q 2023). Profit margin: 2.3% (up from 1.4% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% 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 • Oct 11
Wiscom System Co., Ltd. Announces Interim Cash Dividend on A Shares for the Year 2024, Payable on 17 October 2024 Wiscom System Co., Ltd. announced interim Cash dividend/10 A shares (tax included): CNY 0.25000000 for the year 2024. Record date: 16 October 2024. Ex-date: 17 October 2024. Payment date: 17 October 2024. New Risk • Oct 09
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: 0.6% 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 9.1% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Aankondiging • Sep 30
Wiscom System Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Wiscom System 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 19% After last week's 19% share price gain to CN¥8.58, the stock trades at a trailing P/E ratio of 48.7x. Average trailing P/E is 59x in the IT industry in China. Total loss to shareholders of 4.2% over the past three years. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.022 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.023 (up from CN¥0.022 in 2Q 2023). Revenue: CN¥307.3m (down 25% from 2Q 2023). Net income: CN¥9.16m (up 1.7% from 2Q 2023). Profit margin: 3.0% (up from 2.2% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% 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 • Jun 29
Wiscom System Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Wiscom System Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Declared Dividend • Jun 22
Dividend of CN¥0.05 announced Shareholders will receive a dividend of CN¥0.05. Ex-date: 27th June 2024 Payment date: 27th June 2024 Dividend yield will be 0.6%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.7% EPS decline seen over the last 5 years. Board Change • May 31
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Da Yong Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.079 in FY 2022) Full year 2023 results: EPS: CN¥0.15 (up from CN¥0.079 in FY 2022). Revenue: CN¥1.62b (up 5.8% from FY 2022). Net income: CN¥60.5m (up 101% from FY 2022). Profit margin: 3.7% (up from 2.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Aankondiging • Mar 30
Wiscom System Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Wiscom System Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥7.40, the stock trades at a trailing P/E ratio of 79.8x. Average trailing P/E is 46x in the IT industry in China. Total returns to shareholders of 3.9% over the past three years. Aankondiging • Dec 29
Wiscom System Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024 Wiscom System Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.013 (vs CN¥0.009 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.013 (up from CN¥0.009 in 3Q 2022). Revenue: CN¥374.6m (up 13% from 3Q 2022). Net income: CN¥5.18m (up 44% from 3Q 2022). Profit margin: 1.4% (up from 1.1% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Aug 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 151% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% 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 (2.1% net profit margin). Shareholders have been diluted in the past year (5.3% increase in shares outstanding). Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.012 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.022 (up from CN¥0.012 in 2Q 2022). Revenue: CN¥406.8m (up 46% from 2Q 2022). Net income: CN¥9.00m (up 108% from 2Q 2022). Profit margin: 2.2% (up from 1.6% in 2Q 2022). The increase in margin was driven by higher revenue. 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 7% per year. Aankondiging • Jul 01
Wiscom System Co., Ltd. to Report First Half, 2023 Results on Aug 23, 2023 Wiscom System Co., Ltd. announced that they will report first half, 2023 results on Aug 23, 2023 Aankondiging • Jun 10
Wiscom System Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 16, 2023 Wiscom System Co., Ltd. announced final cash dividend of CNY 0.25 per 10 shares on A shares for the year 2022. Record date is June 15, 2023, Ex-Date is June 16, 2023 and Payment Date is June 16, 2023. Board Change • Jun 01
Insufficient new directors 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. Financial Officer & Director Hongmin Gu was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 10
Full year 2022 earnings released: EPS: CN¥0.079 (vs CN¥0.37 in FY 2021) Full year 2022 results: EPS: CN¥0.079 (down from CN¥0.37 in FY 2021). Revenue: CN¥1.53b (down 6.9% from FY 2021). Net income: CN¥30.0m (down 79% from FY 2021). Profit margin: 2.0% (down from 8.8% in FY 2021). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥11.96, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 44x in the IT industry in China. Total returns to shareholders of 12% over the past three years. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.001 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.009 (up from CN¥0.001 in 3Q 2021). Revenue: CN¥331.0m (up 31% from 3Q 2021). Net income: CN¥3.60m (up CN¥3.09m from 3Q 2021). Profit margin: 1.1% (up from 0.2% in 3Q 2021). 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 only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥11.56, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 41x in the IT industry in China. Negligible returns to shareholders over past three years. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.012 (vs CN¥0.029 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.012 (down from CN¥0.029 in 2Q 2021). Revenue: CN¥278.6m (down 27% from 2Q 2021). Net income: CN¥4.32m (down 62% from 2Q 2021). Profit margin: 1.6% (down from 2.9% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥14.52, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 45x in the IT industry in China. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment deteriorated over the past week After last week's 28% share price decline to CN¥14.19, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 43x in the IT industry in China. Total returns to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥10.77, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 43x in the IT industry in China. Negligible returns to shareholders over past three years. Aankondiging • Jun 23
Wiscom System Co., Ltd. Announces Final Cash Dividend on A Shares for 2021, Payable on 29 June 2022 Wiscom System Co., Ltd. announced final cash dividend of CNY 0.25000000 per 10 shares on A shares for 2021. Record date is 28 June 2022, Ex-date is 29 June 2022 and Payment date is 29 June 2022. Aankondiging • May 12
Wiscom System Co., Ltd. Approves Final Cash Dividend for the Year 2021 Wiscom System Co., Ltd. approved the final cash dividend (tax included) of CNY 0.2500000 per 10 shares for the year 2021, at the AGM held on May 6, 2022. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.021 (down from CN¥0.074 in 1Q 2021). Revenue: CN¥358.9m (up 1.2% from 1Q 2021). Net income: CN¥8.29m (down 72% from 1Q 2021). Profit margin: 2.3% (down from 8.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Supervisor Xiaoming Guan is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 12
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.37 (up from CN¥0.16 in FY 2020). Revenue: CN¥1.64b (down 12% from FY 2020). Net income: CN¥145.0m (up 123% from FY 2020). Profit margin: 8.8% (up from 3.5% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the last 3 years on average, earnings per share has fallen by 2% 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 • Mar 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥8.86, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 46x in the IT industry in China. Total loss to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥10.76, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 49x in the IT industry in China. Total returns to shareholders of 2.4% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.001 (vs CN¥0.029 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥252.8m (down 23% from 3Q 2020). Net income: CN¥514.8k (down 96% from 3Q 2020). Profit margin: 0.2% (down from 3.5% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.029 (vs CN¥0.023 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥383.2m (up 5.4% from 2Q 2020). Net income: CN¥11.2m (up 18% from 2Q 2020). Profit margin: 2.9% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Aankondiging • Aug 11
Nanjing Zijin Investment Group Co., Ltd. agreed to acquire 2.6% stake in Zijin Trust Co.,Ltd. from Wiscom System Co., Ltd. (SZSE:002090) for approximately CNY 190 million. Nanjing Zijin Investment Group Co., Ltd. agreed to acquire 2.6% stake in Zijin Trust Co.,Ltd. from Wiscom System Co., Ltd. (SZSE:002090) for approximately CNY 190 million on August 6, 2021. Nanjing Zijin Investment Group Co., Ltd. shall pay 10% of consideration within 5 working days after approvals from competent authority and 90% payable within 5 working days after completion. As of March 31, 2021, Zijin Trust Co.,Ltd. has reported total assets of CNY 6.3 billion and net assets of CNY 5.2 billion. The Board of Directors has approved the transaction. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥9.50, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 44x in the IT industry in China. Total returns to shareholders of 8.4% over the past three years. Aankondiging • May 22
Wiscom System Co., Ltd. Approves Cash Dividend for the Year 2020 Wiscom System Co., Ltd. at its AGM held on May 20, 2021, approves Cash dividend/10 shares (tax included) is CNY 1.00000000 for the year 2020. Aankondiging • Apr 29
Wiscom System Co., Ltd. Announces Profit Distribution Proposal for 2020 Wiscom System Co., Ltd. announced on 28 April 2021 the profit distribution proposal for 2020 as follows: Cash dividend of CNY 1.00000000 per 10 shares (tax included). Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.074 (vs CN¥0.022 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥354.6m (up 20% from 1Q 2020). Net income: CN¥29.7m (up 238% from 1Q 2020). Profit margin: 8.4% (up from 3.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 07
Full year 2020 earnings released: EPS CN¥0.16 (vs CN¥0.24 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.86b (down 6.5% from FY 2019). Net income: CN¥64.9m (down 33% from FY 2019). Profit margin: 3.5% (down from 4.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Aankondiging • Jan 26
Shenzhen Expressway (GD) New Energy Holdings Co., Ltd. agreed to acquire Mulei County Qianzhi Energy Development Co., Ltd. and Mulei County Qianhui Energy Development Co., Ltd. from Wiscom System Co., Ltd. (SZSE : 002090) and Jiangsu Jinzhi Group Co., Ltd. for approximately CNY 450 million. Shenzhen Expressway (GD) New Energy Holdings Co., Ltd. agreed to acquire Mulei County Qianzhi Energy Development Co., Ltd. and Mulei County Qianhui Energy Development Co., Ltd. from Wiscom System Co., Ltd. (SZSE : 002090) and Jiangsu Jinzhi Group Co., Ltd. for approximately CNY 450 million on January 25, 2021. Under the terms of transactions, Shenzhen Expressway will acquire 100% equity interest in each of Mulei County Qianzhi Energy Development Co., Ltd. and Mulei County Qianhui Energy Development Co., Ltd. at the considerations of CNY 290 million and CNY 160 million, respectively. In a related transaction, Shenzhen Expressway will make capital contributions of CNY 189.2 million and CNY 104.4 million into Mulei County Qianzhi Energy Development Co., Ltd. and Mulei County Qianhui Energy Development Co., Ltd., respectively. Upon completion, Mulei County Qianzhi Energy Development Co., Ltd. and Mulei County Qianhui Energy Development Co., Ltd., will become indirectly wholly-owned subsidiaries of Shenzhen Expressway Company Limited (SEHK : 548) and be consolidated into the financial statement of Shenzhen Expressway Company Limited (SEHK : 548). As of September 30, 2020, the aggregated total assets of Qianzhi Company and Qianhui Company is CNY1.7 billion, and the aggregated total liabilities is CNY 1.3 billion, and the aggregated owner’s equity is CNY 449.9 million. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥6.53 The company is down 25% from its price of CN¥8.76 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also down 25% over the same period. Is New 90 Day High Low • Jan 04
New 90-day low: CN¥7.94 The company is down 10.0% from its price of CN¥8.83 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 20% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥8.46 The company is down 13% from its price of CN¥9.68 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 9.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥30.2m, down 72% from the prior year. Total revenue was CN¥1.68b over the last 12 months, down 7.7% from the prior year. Aankondiging • Oct 20
Wiscom System Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Wiscom System Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Aankondiging • Aug 02
Wiscom System Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Wiscom System Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020