Buy Or Sell Opportunity • May 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to CN¥6.03. The fair value is estimated to be CN¥7.63, 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. Meanwhile, the company has become profitable. Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Jianguang Zeng was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Dec 31
Eastone Century Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Eastone Century Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Aankondiging • Sep 30
Eastone Century Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Eastone Century Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Aankondiging • Jul 02
Eastone Century Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 16, 2025 Eastone Century Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 16, 2025 Aankondiging • Apr 01
Eastone Century Technology Co.,Ltd., Annual General Meeting, Apr 22, 2025 Eastone Century Technology Co.,Ltd., Annual General Meeting, Apr 22, 2025, at 14:30 China Standard Time. Location: 12F, Tower A, No. 16, Keyun Road, Tianhe District, Guangzhou, Guangdong China Aankondiging • Mar 31
Eastone Century Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Eastone Century Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Aankondiging • Dec 31
Eastone Century Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 01, 2025 Eastone Century Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 01, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.013 loss per share (vs CN¥0.005 profit in 3Q 2023) Third quarter 2024 results: CN¥0.013 loss per share (down from CN¥0.005 profit in 3Q 2023). Revenue: CN¥557.7m (down 17% from 3Q 2023). Net loss: CN¥11.5m (down 356% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Sep 30
Eastone Century Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Eastone Century Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 New Risk • Sep 17
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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (9.9% average weekly change). Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥4.87, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 47x in the IT industry in China. Total loss to shareholders of 9.1% over the past three years. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.002 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.037 (up from CN¥0.002 in 2Q 2023). Revenue: CN¥592.2m (down 9.1% from 2Q 2023). Net income: CN¥32.3m (up CN¥30.4m from 2Q 2023). Profit margin: 5.4% (up from 0.3% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Aankondiging • Jun 29
Eastone Century Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Eastone Century Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.001 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.004 (up from CN¥0.001 in 1Q 2023). Revenue: CN¥634.4m (up 14% from 1Q 2023). Net income: CN¥3.60m (up 183% from 1Q 2023). Profit margin: 0.6% (up from 0.2% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year. Aankondiging • Apr 23
Eastone Century Technology Co.,Ltd., Annual General Meeting, May 13, 2024 Eastone Century Technology Co.,Ltd., Annual General Meeting, May 13, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China New Risk • Apr 08
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 11% 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: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Aankondiging • Mar 30
Eastone Century Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Eastone Century Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 23, 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 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: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Aankondiging • Dec 30
Eastone Century Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Eastone Century Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 New Risk • Nov 30
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 6.1% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Aankondiging • Sep 30
Eastone Century Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Eastone Century Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.019 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.002 (down from CN¥0.019 in 2Q 2022). Revenue: CN¥651.2m (up 11% from 2Q 2022). Net income: CN¥1.83m (down 85% from 2Q 2022). Profit margin: 0.3% (down from 2.1% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Aankondiging • Jul 01
Eastone Century Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 21, 2023 Eastone Century Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 21, 2023 Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.001 (vs CN¥0.002 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.001 (down from CN¥0.002 in 1Q 2022). Revenue: CN¥557.2m (down 9.2% from 1Q 2022). Net income: CN¥1.27m (down 8.3% from 1Q 2022). Profit margin: 0.2% (in line with 1Q 2022). 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 10% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Non-Independent Director Lei Shi 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. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Non-Independent Director Lei Shi 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 • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.003 (vs CN¥0.023 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.003 (down from CN¥0.023 in 3Q 2021). Revenue: CN¥656.5m (up 8.7% from 3Q 2021). Net income: CN¥4.67m (down 60% from 3Q 2021). Profit margin: 0.7% (down from 2.0% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Oct 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Non-Independent Director Lei Shi 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 • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.019 (vs CN¥0.023 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.019 (down from CN¥0.023 in 2Q 2021). Revenue: CN¥585.1m (up 12% from 2Q 2021). Net income: CN¥12.0m (down 52% from 2Q 2021). Profit margin: 2.1% (down from 4.8% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 146% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.005 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.005 in 1Q 2021). Revenue: CN¥613.9m (up 17% from 1Q 2021). Net income: CN¥1.39m (down 68% from 1Q 2021). Profit margin: 0.2% (down from 0.8% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 142% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Supervisor Ge Huang was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.023 (vs CN¥0.008 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥603.7m (up 8.1% from 3Q 2020). Net income: CN¥11.8m (up 66% from 3Q 2020). Profit margin: 2.0% (up from 1.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 14
Second quarter 2021 earnings released: EPS CN¥0.023 (vs CN¥0.015 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥524.1m (down 5.8% from 2Q 2020). Net income: CN¥25.0m (up 81% from 2Q 2020). Profit margin: 4.8% (up from 2.5% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.005 (vs CN¥0.005 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥526.4m (up 20% from 1Q 2020). Net income: CN¥4.37m (down 1.0% from 1Q 2020). Profit margin: 0.8% (down from 1.0% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥4.62 The company is down 28% from its price of CN¥6.43 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 23% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥4.88 The company is down 20% from its price of CN¥6.10 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 22% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥5.68 The company is down 8.0% from its price of CN¥6.20 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 15% over the same period.