Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Zhang Fan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • May 14
China Greatwall Technology Group Co., Ltd. to Report Q1, 2026 Results on May 20, 2026 China Greatwall Technology Group Co., Ltd. announced that they will report Q1, 2026 results on May 20, 2026 Aankondiging • Mar 31
China Greatwall Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 China Greatwall Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Aankondiging • Dec 31
China Greatwall Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 China Greatwall Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Aankondiging • Oct 21
China Greatwall Technology Group Co., Ltd. Approves the Election of Yu Jiyong as Director China Greatwall Technology Group Co., Ltd. at its Extraordinary General Meeting held on 17 October 2025 approved the Election of Yu Jiyong as a director. Aankondiging • Sep 30
China Greatwall Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 China Greatwall Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Aankondiging • Jul 02
China Greatwall Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 China Greatwall Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Aankondiging • Apr 28
China Greatwall Technology Group Co., Ltd., Annual General Meeting, May 23, 2025 China Greatwall Technology Group Co., Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Location: 24F, Block A, No. 3, Kefa Road, Science and Technology Industrial Park, Nanshan District, Shenzhen, Guangdong China Aankondiging • Mar 31
China Greatwall Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 China Greatwall Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Aankondiging • Dec 31
China Greatwall Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 China Greatwall Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 New Risk • Nov 06
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 10% 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 Debt is not well covered by operating cash flow (2.5% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). New Risk • Nov 01
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 2.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.082 loss per share (vs CN¥0.062 loss in 3Q 2023) Third quarter 2024 results: CN¥0.082 loss per share (further deteriorated from CN¥0.062 loss in 3Q 2023). Revenue: CN¥3.53b (up 16% from 3Q 2023). Net loss: CN¥266.1m (loss widened 34% from 3Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 14
Great Wall Global Unveils AI-Powered Products at Hong Kong Electronics Fair Great Wall Global made a strong impression by showcasing its AI-driven products, emphasizing lighter, thinner, and smarter devices. The company's display — featuring ultra-light laptops, tablets, mini PCs, desktops, projectors and monitors — highlighted its commitment to advanced technology and cutting-edge design. As AI continues to reshape the electronics industry, Great Wall Global is positioning itself at the forefront of this transformation. By developing products that are more intelligent, efficient, and lightweight, the company is addressing the growing global demand for high-performance devices. At their 160-square-meter booth, Great Wall Global introduced its latest innovations under the theme "The Future of AI." An Shaoping, president of Great Wall Global, emphasized the company's dedication to AI-driven innovation as a catalyst for high-quality growth. The NovoBox M703 mini PC also took center stage, featuring Intel's latest processor and advanced AI capabilities. It strikes a balance between performance and portability, making it ideal for both personal and professional applications. Another major reveal was the GW Shiheng X AIGC workstation, designed for heavy workloads with up to 60 cores and 120 threads. Built with AI-acceleration technology, it is tailored for demanding end-side AIGC applications. Additionally, Great Wall Global showcased its range of tablets, varying from 8 to 13 inches. The S26, the most cutting-edge in the lineup, features a high-resolution AMOLED display and an thinness of just 5.9mm, reinforcing the company's focus on creating smarter, slimmer devices. Aankondiging • Sep 30
China Greatwall Technology Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 China Greatwall Technology Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.054 loss per share (vs CN¥0.10 loss in 2Q 2023) Second quarter 2024 results: CN¥0.054 loss per share (improved from CN¥0.10 loss in 2Q 2023). Revenue: CN¥3.41b (up 21% from 2Q 2023). Net loss: CN¥171.7m (loss narrowed 48% from 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 29
China Greatwall Technology Group Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 China Greatwall Technology Group Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Board Change • May 22
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Hongsheng Qiu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. New Risk • May 01
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 8.3% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.3% operating cash flow to total debt). Earnings have declined by 33% per year over the past 5 years. Aankondiging • May 01
China Greatwall Technology Group Co., Ltd., Annual General Meeting, May 23, 2024 China Greatwall Technology Group Co., Ltd., Annual General Meeting, May 23, 2024, at 14:00 China Standard Time. Location: 24F, Block A, No. 3, Kefa Road, Science and Technology Industrial Park, Nanshan District, Shenzhen, Guangdong China Reported Earnings • Apr 30
Full year 2023 earnings released: CN¥0.30 loss per share (vs CN¥0.038 profit in FY 2022) Full year 2023 results: CN¥0.30 loss per share (down from CN¥0.038 profit in FY 2022). Revenue: CN¥13.4b (down 4.3% from FY 2022). Net loss: CN¥977.3m (down CN¥1.10b from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 30
China Greatwall Technology Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 China Greatwall Technology Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Board Change • Feb 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President & Director Xiangtao Dai was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 06
China Greatwall Technology Group Co., Ltd. (SZSE:000066) announces an Equity Buyback for CNY 300 million worth of its shares. China Greatwall Technology Group Co., Ltd. (SZSE:000066) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its A shares. The program will continue for 12 months. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.062 loss per share (vs CN¥0.05 loss in 3Q 2022) Third quarter 2023 results: CN¥0.062 loss per share (further deteriorated from CN¥0.05 loss in 3Q 2022). Revenue: CN¥3.04b (down 1.6% from 3Q 2022). Net loss: CN¥198.3m (loss widened 23% from 3Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Tech industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
China Greatwall Technology Group Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 China Greatwall Technology Group Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: CN¥0.10 loss per share (vs CN¥0.057 loss in 2Q 2022) Second quarter 2023 results: CN¥0.10 loss per share (further deteriorated from CN¥0.057 loss in 2Q 2022). Revenue: CN¥2.81b (down 21% from 2Q 2022). Net loss: CN¥327.4m (loss widened 81% from 2Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in China. 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. Aankondiging • Jul 14
China Greatwall Technology Group Co., Ltd. Announces Implementation of Final Cash Dividend on A Shares for the Year 2022, Payable on 19 July 2023 China Greatwall Technology Group Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares) as cash dividend (tax included) of CNY 0.07000000per ten shares. Record date: 18 July 2023. Ex-date: 19 July 2023. Payment date: 19 July 2023. Reported Earnings • Apr 30
First quarter 2023 earnings released: CN¥0.095 loss per share (vs CN¥0.037 loss in 1Q 2022) First quarter 2023 results: CN¥0.095 loss per share (further deteriorated from CN¥0.037 loss in 1Q 2022). Revenue: CN¥2.20b (down 22% from 1Q 2022). Net loss: CN¥305.2m (loss widened 161% from 1Q 2022). Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
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. 3 experienced directors. No highly experienced directors. Supervisor Fujiang Li 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. Board Change • Nov 16
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. 3 experienced directors. No highly experienced directors. Supervisor Fujiang Li 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 • Oct 30
Third quarter 2022 earnings released: CN¥0.05 loss per share (vs CN¥0.063 profit in 3Q 2021) Third quarter 2022 results: CN¥0.05 loss per share (down from CN¥0.063 profit in 3Q 2021). Revenue: CN¥3.09b (down 34% from 3Q 2021). Net loss: CN¥161.8m (down 187% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 27% 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. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥9.46, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 36x in the Tech industry in China. Total loss to shareholders of 26% over the past three years. Reported Earnings • Sep 03
Second quarter 2022 earnings released: CN¥0.057 loss per share (vs CN¥0.028 profit in 2Q 2021) Second quarter 2022 results: CN¥0.057 loss per share (down from CN¥0.028 profit in 2Q 2021). Revenue: CN¥3.57b (down 12% from 2Q 2021). Net loss: CN¥180.7m (down 339% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.037 loss per share (vs CN¥0.05 loss in 1Q 2021) First quarter 2022 results: CN¥0.037 loss per share (up from CN¥0.05 loss in 1Q 2021). Revenue: CN¥2.83b (down 9.2% from 1Q 2021). Net loss: CN¥116.9m (loss narrowed 26% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Board Change • Apr 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Director Qinglin Xie was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥12.67, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 27x in the Tech industry in China. Total returns to shareholders of 133% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.063 (vs CN¥0.047 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥4.68b (up 33% from 3Q 2020). Net income: CN¥185.9m (up 35% from 3Q 2020). Profit margin: 4.0% (up from 3.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS CN¥0.027 (vs CN¥0.006 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥4.07b (up 45% from 2Q 2020). Net income: CN¥75.7m (up CN¥94.2m from 2Q 2020). Profit margin: 1.9% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. 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¥16.67, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 33x in the Tech industry in China. Total returns to shareholders of 147% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥14.19, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 22x in the Tech industry in China. Total returns to shareholders of 66% over the past three years. Reported Earnings • May 02
First quarter 2021 earnings released: CN¥0.05 loss per share (vs CN¥0.096 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥3.12b (up 178% from 1Q 2020). Net loss: CN¥158.7m (loss narrowed 44% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Apr 14
Full year 2020 earnings released: EPS CN¥0.32 (vs CN¥0.38 in FY 2019) The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥14.4b (up 33% from FY 2019). Net income: CN¥929.7m (down 17% from FY 2019). Profit margin: 6.4% (down from 10% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year. Is New 90 Day High Low • Mar 16
New 90-day low: CN¥14.71 The company is down 9.0% from a price of CN¥16.08 on 16 December 2020. Underperformed the Chinese market, which is down 2.0% over the last 90 days. Lagged the Tech industry, which is down 5.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥14.18 The company is down 12% from its price of CN¥16.06 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.18 per share. Is New 90 Day High Low • Nov 25
New 90-day low: CN¥14.53 The company is down 18% from its price of CN¥17.75 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.98 per share. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥731.3m, down 36% from the prior year. Total revenue was CN¥11.2b over the last 12 months, up 2.4% from the prior year. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥15.77 The company is down 8.0% from its price of CN¥17.22 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.01 per share.