Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Tao Xie was the last independent 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: Minority of independent directors. Insufficient board refreshment. Aankondiging • Apr 30
Beijing VRV Software Corporation Limited, Annual General Meeting, May 21, 2026 Beijing VRV Software Corporation Limited, Annual General Meeting, May 21, 2026, at 15:00 China Standard Time. Location: 4F, Building 3, Phase II, No. 3, Minzhuang Road, Haidian District, Beijing China Aankondiging • Mar 31
Beijing VRV Software Corporation Limited to Report Q1, 2026 Results on Apr 29, 2026 Beijing VRV Software Corporation Limited announced that they will report Q1, 2026 results on Apr 29, 2026 Aankondiging • Dec 31
Beijing VRV Software Corporation Limited to Report Fiscal Year 2025 Results on Apr 17, 2026 Beijing VRV Software Corporation Limited announced that they will report fiscal year 2025 results on Apr 17, 2026 Aankondiging • Sep 30
Beijing VRV Software Corporation Limited to Report Q3, 2025 Results on Oct 29, 2025 Beijing VRV Software Corporation Limited announced that they will report Q3, 2025 results on Oct 29, 2025 Aankondiging • Jul 02
Beijing VRV Software Corporation Limited to Report First Half, 2025 Results on Aug 29, 2025 Beijing VRV Software Corporation Limited announced that they will report first half, 2025 results on Aug 29, 2025 Aankondiging • Apr 21
Beijing VRV Software Corporation Limited, Annual General Meeting, May 12, 2025 Beijing VRV Software Corporation Limited, Annual General Meeting, May 12, 2025, at 15:00 China Standard Time. Location: 4F, Building 3, Phase II, No. 3, Minzhuang Road, Haidian District, Beijing China Aankondiging • Mar 31
Beijing VRV Software Corporation Limited to Report Q1, 2025 Results on Apr 29, 2025 Beijing VRV Software Corporation Limited announced that they will report Q1, 2025 results on Apr 29, 2025 Aankondiging • Dec 31
Beijing VRV Software Corporation Limited to Report Fiscal Year 2024 Results on Apr 21, 2025 Beijing VRV Software Corporation Limited announced that they will report fiscal year 2024 results on Apr 21, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.013 (vs CN¥0.001 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.013 (up from CN¥0.001 loss in 3Q 2023). Revenue: CN¥144.7m (down 8.2% from 3Q 2023). Net income: CN¥18.2m (up CN¥19.8m from 3Q 2023). Profit margin: 13% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Sep 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 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥94m free cash flow). Earnings have declined by 36% 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 • Sep 30
Beijing VRV Software Corporation Limited to Report Q3, 2024 Results on Oct 25, 2024 Beijing VRV Software Corporation Limited announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.048 loss per share (vs CN¥0.001 profit in 2Q 2023) Second quarter 2024 results: CN¥0.048 loss per share (down from CN¥0.001 profit in 2Q 2023). Revenue: CN¥102.8m (down 38% from 2Q 2023). Net loss: CN¥68.6m (down CN¥70.0m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Aankondiging • Jun 29
Beijing VRV Software Corporation Limited to Report First Half, 2024 Results on Aug 23, 2024 Beijing VRV Software Corporation Limited announced that they will report first half, 2024 results on Aug 23, 2024 Reported Earnings • Apr 15
Full year 2023 earnings released: EPS: CN¥0.005 (vs CN¥0.13 loss in FY 2022) Full year 2023 results: EPS: CN¥0.005 (up from CN¥0.13 loss in FY 2022). Revenue: CN¥682.7m (up 26% from FY 2022). Net income: CN¥6.59m (up CN¥194.2m from FY 2022). Profit margin: 1.0% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 13
Beijing VRV Software Corporation Limited, Annual General Meeting, May 08, 2024 Beijing VRV Software Corporation Limited, Annual General Meeting, May 08, 2024, at 15:00 China Standard Time. Aankondiging • Mar 30
Beijing VRV Software Corporation Limited to Report Q1, 2024 Results on Apr 27, 2024 Beijing VRV Software Corporation Limited announced that they will report Q1, 2024 results on Apr 27, 2024 Aankondiging • Dec 30
Beijing VRV Software Corporation Limited to Report Fiscal Year 2023 Results on Apr 13, 2024 Beijing VRV Software Corporation Limited announced that they will report fiscal year 2023 results on Apr 13, 2024 Aankondiging • Sep 30
Beijing VRV Software Corporation Limited to Report Q3, 2023 Results on Oct 24, 2023 Beijing VRV Software Corporation Limited announced that they will report Q3, 2023 results on Oct 24, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.001 (vs CN¥0.033 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.001 (up from CN¥0.033 loss in 2Q 2022). Revenue: CN¥166.1m (up 65% from 2Q 2022). Net income: CN¥1.45m (up CN¥49.4m from 2Q 2022). Profit margin: 0.9% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.001 (vs CN¥0.033 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.001 (up from CN¥0.033 loss in 2Q 2022). Revenue: CN¥166.1m (up 65% from 2Q 2022). Net income: CN¥1.45m (up CN¥49.4m from 2Q 2022). Profit margin: 0.9% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 18
Full year 2022 earnings released: CN¥0.13 loss per share (vs CN¥0.30 loss in FY 2021) Full year 2022 results: CN¥0.13 loss per share (improved from CN¥0.30 loss in FY 2021). Revenue: CN¥542.9m (down 20% from FY 2021). Net loss: CN¥187.6m (loss narrowed 57% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hui Wang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.036 (vs CN¥0.016 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.036 (up from CN¥0.016 loss in 3Q 2021). Revenue: CN¥233.5m (up 6.2% from 3Q 2021). Net income: CN¥51.6m (up CN¥74.3m from 3Q 2021). Profit margin: 22% (up from net loss in 3Q 2021). 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 111 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 20
Second quarter 2022 earnings released: CN¥0.033 loss per share (vs CN¥0.04 profit in 2Q 2021) Second quarter 2022 results: CN¥0.033 loss per share (down from CN¥0.04 profit in 2Q 2021). Revenue: CN¥100.6m (down 60% from 2Q 2021). Net loss: CN¥47.9m (down 183% from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Director Jianbin Hu is the most experienced director on the board, commencing their role in 2015. 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 16
First quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.017 loss in 1Q 2021) First quarter 2022 results: EPS: CN¥0.002 (up from CN¥0.017 loss in 1Q 2021). Revenue: CN¥130.5m (up 53% from 1Q 2021). Net income: CN¥2.45m (up CN¥27.1m from 1Q 2021). Profit margin: 1.9% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 01
Third quarter 2021 earnings released: CN¥0.016 loss per share (vs CN¥0.028 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥219.9m (down 7.0% from 3Q 2020). Net loss: CN¥22.7m (down 156% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Board Change • Nov 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Director Jianbin Hu is the most experienced director on the board, commencing their role in 2015. 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 • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.018 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥253.9m (up 64% from 2Q 2020). Net income: CN¥57.5m (up 121% from 2Q 2020). Profit margin: 23% (up from 17% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • May 02
Full year 2020 earnings released: EPS CN¥0.018 (vs CN¥0.015 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥640.8m (down 11% from FY 2019). Net income: CN¥25.7m (up 15% from FY 2019). Profit margin: 4.0% (up from 3.1% in FY 2019). 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 6% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥4.98 The company is down 26% from its price of CN¥6.70 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 7.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥5.12 The company is down 28% from its price of CN¥7.14 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥5.90 The company is down 22% from its price of CN¥7.61 on 18 September 2020. The Chinese market is up 3.0% 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. Is New 90 Day High Low • Nov 17
New 90-day low: CN¥6.38 The company is down 19% from its price of CN¥7.91 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 10.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥32.3m, down 71% from the prior year. Total revenue was CN¥702.4m over the last 12 months, down 11% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥6.87 The company is down 5.0% from its price of CN¥7.26 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 6.0% over the same period. Is New 90 Day High Low • Oct 01
New 90-day low: CN¥6.89 The company is down 5.0% from its price of CN¥7.28 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Software industry, which is also down 5.0% over the same period.