Board Change • May 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. No highly experienced directors. Director Yukun Tian was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.32 loss per share (vs CN¥0.35 loss in FY 2024) Full year 2025 results: CN¥0.32 loss per share (improved from CN¥0.35 loss in FY 2024). Revenue: CN¥372.0m (down 28% from FY 2024). Net loss: CN¥258.0m (loss narrowed 10% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 26% per year. Aankondiging • Mar 31
Great Chinasoft Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Great Chinasoft Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Aankondiging • Dec 31
Great Chinasoft Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Great Chinasoft Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: CN¥0.041 loss per share (vs CN¥0.04 loss in 3Q 2024) Third quarter 2025 results: CN¥0.041 loss per share (further deteriorated from CN¥0.04 loss in 3Q 2024). Revenue: CN¥90.4m (down 49% from 3Q 2024). Net loss: CN¥33.0m (loss widened 1.0% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Aankondiging • Sep 30
Great Chinasoft Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Great Chinasoft Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 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 7.3% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Aankondiging • Jul 02
Great Chinasoft Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Great Chinasoft Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • Jun 25
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 14% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). New Risk • May 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. 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 Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Aankondiging • Apr 29
Great Chinasoft Technology Co.,Ltd., Annual General Meeting, May 21, 2025 Great Chinasoft Technology Co.,Ltd., Annual General Meeting, May 21, 2025, at 14:30 China Standard Time. Aankondiging • Mar 31
Great Chinasoft Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Great Chinasoft Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Aankondiging • Dec 31
Great Chinasoft Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Great Chinasoft Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.031 loss in 3Q 2023) Third quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.031 loss in 3Q 2023). Revenue: CN¥178.0m (up 35% from 3Q 2023). Net loss: CN¥32.7m (loss widened 27% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Aankondiging • Sep 30
Great Chinasoft Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Great Chinasoft Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.043 loss per share (vs CN¥0.22 profit in 2Q 2023) Second quarter 2024 results: CN¥0.043 loss per share (down from CN¥0.22 profit in 2Q 2023). Revenue: CN¥122.8m (down 10% from 2Q 2023). Net loss: CN¥35.2m (down 118% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Aankondiging • Jun 29
Great Chinasoft Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Great Chinasoft Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Aankondiging • Apr 28
Great Chinasoft Technology Co.,Ltd., Annual General Meeting, May 22, 2024 Great Chinasoft Technology Co.,Ltd., Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Agenda: To consider the connected transactions regarding transfer of creditor's rights; to consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual report and its summary; to consider the 2023 annual accounts and 2024 financial budget report; to consider the 2023 profit distribution plan; to consider the Unrecovered losses account for one third of the paid-in capital; to consider the application for annual comprehensive credit line and launching the bill pool business; to consider the 2024 guarantee quota for controlled subsidiaries; to consider the launching foreign exchange hedging business in 2024; to consider the investment and wealth management with idle proprietary funds; to consider the reappointment of audit firm; and to consider the other matters. Reported Earnings • Apr 27
Full year 2023 earnings released: CN¥0.21 loss per share (vs CN¥2.35 loss in FY 2022) Full year 2023 results: CN¥0.21 loss per share (improved from CN¥2.35 loss in FY 2022). Revenue: CN¥551.3m (down 14% from FY 2022). Net loss: CN¥176.4m (loss narrowed 92% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 30
Great Chinasoft Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Great Chinasoft Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 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 6.9% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥179m free cash flow). Earnings have declined by 74% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Aankondiging • Dec 30
Great Chinasoft Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Great Chinasoft Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 New Risk • Nov 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥179m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥179m free cash flow). Earnings have declined by 74% per year over the past 5 years. Revenue is less than US$1m. Board Change • Nov 16
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. Employee Supervisor Chunmei Wu is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Jul 27
Great Chinasoft Technology Co.,Ltd. Announces Board Election Great Chinasoft Technology Co.,Ltd. in its 3rd Extraordinary General Meeting of 2022 on 25 July 2022 approved the election of Zhai Hui, Wu Xibing, Zhang Jie and Zhang Minyi as non-independent directors and Li Yongjun, Liu Yanshan and Wang Xin'an approved as independent directors, Tian Yukun and Shan Hongdi as non-employee supervisors. Board Change • Jun 02
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. No highly experienced directors. Non-Independent Director Gengyu 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: Insufficient board refreshment. Reported Earnings • Apr 27
Full year 2021 earnings released: CN¥0.28 loss per share (vs CN¥0.06 profit in FY 2020) Full year 2021 results: CN¥0.28 loss per share (down from CN¥0.06 profit in FY 2020). Revenue: CN¥3.94b (up 44% from FY 2020). Net loss: CN¥226.8m (down CN¥260.1m from profit in FY 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Aankondiging • Feb 09
Wufu Technology Group Co., Ltd. signed a Significant Asset Sale Intention Agreement to acquire a 53.3% stake in Doublerise Internet (Beijing) Technology Co., Ltd. from Great Chinasoft Technology Co.,Ltd. (SZSE:002453). Wufu Technology Group Co., Ltd. signed a Significant Asset Sale Intention Agreement to acquire a 53.3% stake in Doublerise Internet (Beijing) Technology Co., Ltd. from Great Chinasoft Technology Co.,Ltd. (SZSE:002453) on December 3, 2021. The transaction needs to perform the necessary decision-making and approval procedures. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.053 (vs CN¥0.006 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.13b (up 74% from 3Q 2020). Net income: CN¥41.4m (up CN¥37.8m from 3Q 2020). Profit margin: 3.7% (up from 0.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.008 (vs CN¥0.03 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥861.9m (up 28% from 2Q 2020). Net income: CN¥7.81m (down 56% from 2Q 2020). Profit margin: 0.9% (down from 2.6% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥7.81, the stock trades at a trailing P/E ratio of 78.2x. Average trailing P/E is 52x in the Software industry in China. Total returns to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥6.66, the stock trades at a trailing P/E ratio of 66.7x. Average trailing P/E is 52x in the Software industry in China. Total returns to shareholders of 4.7% over the past three years. Reported Earnings • Apr 28
Full year 2020 earnings released: EPS CN¥0.06 (vs CN¥0.55 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.74b (up 4.0% from FY 2019). Net income: CN¥33.4m (up CN¥347.4m from FY 2019). Profit margin: 1.2% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 04
Great Chinasoft Technology Co.,Ltd. to Report Fiscal Year 2020 Results on Apr 16, 2021 Great Chinasoft Technology Co.,Ltd. announced that they will report fiscal year 2020 results on Apr 16, 2021 Is New 90 Day High Low • Dec 22
New 90-day high: CN¥6.35 The company is up 16% from its price of CN¥5.47 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 3.0% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: CN¥5.77 The company is up 4.0% from its price of CN¥5.54 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 7.0% over the same period. Aankondiging • Nov 19
Chunlan (Shanghai) Industrial Co., Ltd. agreed to acquire Zhenjiang Rungang Chemical Co Ltd. from Great Chinasoft Technology Co.,Ltd. (SZSE:002453) for CNY 55 million. Chunlan (Shanghai) Industrial Co., Ltd. agreed to acquire Zhenjiang Rungang Chemical Co Ltd. from Great Chinasoft Technology Co.,Ltd. (SZSE:002453) for CNY 55 million on November 13, 2020. The transaction consideration will be paid in three installments which consist of an initial payment of the consideration for the 51% equity of Zhenjiang Rungang within 10 days after the signing of the agreement, the consideration for 30% of Zhenjiang Rungang to be paid no later than December 15, 2020 and the consideration for the remaining 19% of Zhenjiang Rungang to be paid no later than June 30, 2021. Zhenjiang Rungang reported total assets of CNY 39.9 million and net assets of CNY 34.7 million in the year ending on September 30, 2020 while it also reported revenues of CNY 11.7 million and net loss of CNY 4.7 million in the year ending on December 31, 2019. The deal was approved by the Board of Directors of Great Chinasoft. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥4.86 The company is down 3.0% from its price of CN¥5.00 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 12% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥323.5m, with earnings decreasing by CN¥341.4m from the prior year. Total revenue was CN¥2.44b over the last 12 months, down 4.8% from the prior year. Aankondiging • Oct 20
Great Chinasoft Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Great Chinasoft Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Aankondiging • Jul 24
Great Chinasoft Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Great Chinasoft Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 20, 2020 