Reported Earnings • Aug 16
First half 2026 earnings released: CN¥0.53 loss per share (vs CN¥0.22 loss in 1H 2025) First half 2026 results: CN¥0.53 loss per share (further deteriorated from CN¥0.22 loss in 1H 2025). Revenue: CN¥2.20b (down 15% from 1H 2025). Net loss: CN¥477.1m (loss widened 141% from 1H 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 29
AsiaInfo Technologies Limited to Report First Half, 2026 Results on Aug 11, 2026 AsiaInfo Technologies Limited announced that they will report first half, 2026 results on Aug 11, 2026 Aankondiging • Jul 25
Asiainfo Technologies Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2026 AsiaInfo Technologies Limited provided group earnings guidance for the six months ended 30 June 2026. For the period, it is expected that the Group will record a revenue of approximately RMB 2.10 billion to RMB 2.30 billion for the six months ended 30 June 2026 (the "Period") (corresponding period in 2025: approximately RMB 2.598 billion), and a net loss of approximately RMB 460 million to RMB 490 million for the Period (corresponding period in 2025:
approximately RMB 202 million). Excluding the impact of one-off severance compensations arising from workforce restructuring optimisations, the Group is expected to record a net loss of approximately RMB240 million to RMB270 million for the Period. The decline in the Group's revenue and the increase in its net loss during the Period were primarily attributable to the following factors: Revenue from the telecom core system business has experienced temporary pressure. Due to reduced investment in the telecommunications industry and cyclical and structural adjustments to investment patterns, the Company's business progress has moderated; The optimisation of the business structure had a temporary impact on revenue during the Period. In order to further enhance business quality and operational efficiency, the Group has proactively discontinued or scaled back certain inefficient traditional ICT projects for government and enterprise clients, as well as traditional businesses that are highly labour-intensive, which resulted in a significant overall year-on-year decline in revenue for the Period; and One-off expenditures arising from the organization and workforce restructuring optimisation. In order to actively adapt to the business development needs of the AI era, the Group has continued to drive forward organisational transformation and upgrading, as well as workforce restructuring optimisations; as a result, one-off expenditures such as severance compensation for employees increased year-on-year during the Period. Meanwhile, the Group has increased its investment in enhancing the AI capabilities of its employees, focusing on building an agile organisation and talent pipeline adapted to the AI era.Despite the pressure on its short-term performance, the Company has remained firmlycommitted to its "AI First" strategy. While stabilising its core businesses, it has proactively expanded into emerging businesses in response to industry developments and customers' transformation trends, and has achieved phased progress, mainly including the following: The AI-related business (smart digital operation business) has achieved accelerated growth. The Company is accelerating the deep integration of its AI capabilities with industry-specific scenarios, and its transformation towards new business lines and optimisation of its revenue structure are gradually proving successful; The Physical AI business is approaching the commercialisation phase. The Company launched its Physical AI product portfolio, leveraging its self-developed product matrix to empower the transformation and upgrading of physical manufacturing businesses, accelerating the large-scale commercialisation of its products, and supporting China's intelligent manufacturing industry in rapidly entering a new era of embodied intelligence; Positive progress has been made in the field of satellite internet. The Company launched its "Satellite-Terrestrial Intelligent Connectivity" product portfolio, comprising hardware products such as satellite gateway core network, spaceborne ase station and spaceborne core network, together with a suite of software products. The portfolio provides satellite operators and industry customers with three core capabilities -- connectivity, orchestration and governance -- thereby systematically addressing key challenges related to operations, commercialisation, trustworthiness and controllability. The Company's full-stack satellite internet infrastructure has been integrated into key nodes and commercial applications within China's low-Earth orbit constellation system, forming a complete closed-loopprocess spanning from product validation through to commercial deployment and scalable replication; and The Token operations platform has successfully completed its launch validation. The Company has launched the "Tianshu" Token operations platform, which provides enterprises with end-to-end, closed-loop governance capabilities from computing power to tokens, and from costs to return-on-investment assessments, and has successfully completed the launch and validation of its first pilot project. New Risk • Jul 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 German stocks, typically moving 7.9% 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 Risk Earnings have declined by 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). New Risk • Jun 18
New major risk - Revenue and earnings growth Earnings have declined by 18% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 18% 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 (1.8% net profit margin). Aankondiging • May 28
Asiainfo Technologies Limited Declares Final Dividend for the Year Ended December 31, 2025 AsiaInfo Technologies Limited declared final dividend of 0.054 per share for the year ended December 31, 2025, at the AGM held on May 28, 2026. Aankondiging • May 26
Asiainfo Technologies Limited Announces Resignation of Tao Ping from Independent Non-Executive Director and Committee Roles, Effective May 26, 2026 AsiaInfo Technologies Limited announced that Ms. Tao Ping resigned as an independent non-executive Director of the Company and ceased to serve as a member of the audit committee and the nomination committee of the Company, with effect from May 26, 2026 in order to devote more time to her personal commitment. Upcoming Dividend • May 25
Upcoming dividend of HK$0.054 per share Eligible shareholders must have bought the stock before 01 June 2026. Payment date: 22 June 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (1.7%). New Risk • Mar 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 60% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Declared Dividend • Mar 25
Dividend of HK$0.054 announced Shareholders will receive a dividend of HK$0.054. Ex-date: 1st June 2026 Payment date: 22nd June 2026 Dividend yield will be 8.7%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but not adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 156% over the next 2 years, which should provide support to the dividend and adequate earnings cover. New Risk • Mar 24
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (252% cash payout ratio). Aankondiging • Mar 11
AsiaInfo Technologies Limited to Report Fiscal Year 2025 Results on Mar 23, 2026 AsiaInfo Technologies Limited announced that they will report fiscal year 2025 results on Mar 23, 2026 New Risk • Mar 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by cash flows (252% cash payout ratio). Aankondiging • Jan 22
AsiaInfo Technologies Limited Provides Earnings Guidance for the Year Ended 31 December 2025 AsiaInfo Technologies Limited provided earnings guidance for the year ended 31 December 2025. It is expected that the operating revenue of the Group for the year ended 31 December 2025 (the "Period") will be approximately RMB 6.20 billion to RMB 6.35 billion (2024: approximately RMB 6.646 billion), while the net profit for the Period will be approximately RMB 70 million to RMB 110 million (2024: approximately RMB 516 million), and the net cash inflow from operating activities will be approximately RMB 400 million (2024: net outflow of approximately RMB 100 million). The decrease in the Group's net profit for the Period was partly attributable to the effects of the non-operating items, which have no adverse impact on the Group's daily operations and long-term business development. It is primarily due to the one-time severance compensation of approximately RMB175 million arising from personnel restructuring optimisation. Excluding the effects of the non-operating items, the Group's net profit for the Period is expected to be approximately RMB 250 million to RMB 290 million. Additionally, the Company actively navigated severe and complicated external environments and overcame pressures and challenges, achieving improvements or enhancements in certain business segments and performance. Major achievements include: i) transformation and innovation in traditional businesses, with proactive measures taken to address the cost-reduction and efficiency-enhancement pressure from operator customers. As a result, the downward trend in operator market revenue has been significantly controlled and improved, with the high double-digit decrease in 2024 substantially narrowed to a mid single-digit decrease in 2025; ii) capitalising on our continued expansion and investment in AI delivery and other areas by building a sustainable AI delivery system while deepening collaboration with leading companies like Alibaba Cloud and NVIDIA, we achieved substantial growth in revenue and orders and maintained a robust pipeline of business opportunities, with increased proactive investments in areas such as physical AI and satellite internet; and iii) our operating cash flow has changed from a net outflow in 2024 to a net inflow due to significant improvement in receivables collection. Buy Or Sell Opportunity • Jan 12
Now 23% overvalued Over the last 90 days, the stock has fallen 4.6% to €0.93. The fair value is estimated to be €0.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has declined by 26%. For the next 3 years, revenue is forecast to grow by 9.5% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Reported Earnings • Aug 05
First half 2025 earnings released: CN¥0.22 loss per share (vs CN¥0.065 loss in 1H 2024) First half 2025 results: CN¥0.22 loss per share (further deteriorated from CN¥0.065 loss in 1H 2024). Revenue: CN¥2.60b (down 13% from 1H 2024). Net loss: CN¥198.3m (loss widened 233% from 1H 2024). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.18, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 25x in the Software industry in Germany. Total loss to shareholders of 8.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €0.69 per share. Aankondiging • Jul 15
AsiaInfo Technologies Limited to Report First Half, 2025 Results on Aug 04, 2025 AsiaInfo Technologies Limited announced that they will report first half, 2025 results on Aug 04, 2025 Aankondiging • May 29
AsiaInfo Technologies Limited Declares Final Dividend for the Year Ended 31 December 2024 AsiaInfo Technologies Limited at its Annual General Meeting held on 28 May 2025, approved to declare a final dividend of HKD 0.252 per Share for the year ended 31 December 2024. Aankondiging • May 28
AsiaInfo Technologies Limited Declares Special Dividend AsiaInfo Technologies Limited at its Annual General Meeting held on 28 May 2025, approved to declare a special dividend of HKD 0.160 per Share. Upcoming Dividend • May 23
Upcoming dividend of HK$0.41 per share Eligible shareholders must have bought the stock before 30 May 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (0.9%). Buy Or Sell Opportunity • Mar 31
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 36% to €1.02. The fair value is estimated to be €0.83, 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 23%. For the next 3 years, revenue is forecast to grow by 7.8% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €1.07, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Software industry in Germany. Total returns to shareholders of 44% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €0.83 per share. Reported Earnings • Mar 12
Full year 2024 earnings released: EPS: CN¥0.60 (vs CN¥0.58 in FY 2023) Full year 2024 results: EPS: CN¥0.60 (up from CN¥0.58 in FY 2023). Revenue: CN¥6.65b (down 16% from FY 2023). Net income: CN¥544.9m (up 2.2% from FY 2023). Profit margin: 8.2% (up from 6.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Aankondiging • Mar 11
AsiaInfo Technologies Limited, Annual General Meeting, May 28, 2025 AsiaInfo Technologies Limited, Annual General Meeting, May 28, 2025, at 10:00 China Standard Time. Aankondiging • Feb 26
AsiaInfo Technologies Limited to Report Fiscal Year 2024 Results on Mar 10, 2025 AsiaInfo Technologies Limited announced that they will report fiscal year 2024 results on Mar 10, 2025 New Risk • Feb 14
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 German stocks, typically moving 6.3% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 133% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.4% net profit margin). Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to €1.12, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Software industry in Germany. Total returns to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.20 per share. Aankondiging • Nov 11
Asiainfo Technologies Limited Announces Board and Committee Changes AsiaInfo Technologies Limited announced changes in Directors which have taken place immediately upon Completion: Resignations: Mr. XIN Yuesheng resigned as an executive Director; Mr. CHENG Xike resigned as a non-executive Director; Dr. GAO Jack Qunyao resigned as an independent non-executive Director. Appointments: Mr. KWOK Bernard Chuen Wah (Mr. KWOK) has been appointed as an executive Director; Mr. HE Zheng (Mr. HE) has been appointed as a non-executive Director;
Mr. JIANG Jian (Mr. JIANG) has been appointed as a non-executive Director; and Dr. WANG Lei (Dr. WANG) has been appointed as an independent non-executive Director. Following the effective changes to the Board as detailed above, the composition of the various Board committees has also been changed as follows: Audit Committee: Mr. Ge Ming- Chairman; Ms. Tao Ping and Dr. Wang Lei- Members. Remuneration Committee: Dr. Zhang Ya-Qin-chairman, Mr. He Zheng and Mr. Ge Ming- members. Nomination Committee: Dr. Tian Suning – Chairman; Mr. Gao Nianshu, Ms. Liu Hong- Member, Dr. Zhang Ya-Qin, Mr. Ge Ming, Ms. Tao Ping and Dr. Wang Lei - Members. Strategy and Investment Committee: Mr. He Zheng- chairman; Dr. Tian Suning, Mr. Gao Nianshu, Mr. Kwok Bernard Chuen Wah, Mr. Yang Lin and Ms. Liu Hong - Members. Recent Insider Transactions • Nov 01
Non-Executive Director recently sold €7.2m worth of stock On the 24th of October, Jianhua Ding sold around 12m shares on-market at roughly €0.62 per share. This transaction amounted to 91% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.9m more than they bought in the last 12 months. Aankondiging • Sep 30
Asiainfo Technologies Limited Announces Resignation of Zhang Yichen as A Non-Executive Director AsiaInfo Technologies Limited announces that Mr. ZHANG Yichen (``Mr. ZHANG'') has tendered his resignation as a non-executive director of the Company with effect from 29 September 2024 in order to devote more time to his personal commitments. Reported Earnings • Aug 18
First half 2024 earnings released: CN¥0.065 loss per share (vs CN¥0.24 profit in 1H 2023) First half 2024 results: CN¥0.065 loss per share (down from CN¥0.24 profit in 1H 2023). Revenue: CN¥2.99b (down 8.8% from 1H 2023). Net loss: CN¥59.5m (down 128% from profit in 1H 2023). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Aankondiging • Aug 15
AsiaInfo Technologies Limited Provides Guidance of the Final Dividend for the Year of 2024 AsiaInfo Technologies Limited announced that after giving due consideration to the Company's business development, profitability and cash flow level, the guidance of the final dividend for the year of 2024 is 40% of the annual net profit attributable to equity holders of the Company, and actively consider maintaining the amount of the final dividend per Share at a relatively stable level as compared to that of last year. Aankondiging • Aug 02
AsiaInfo Technologies Limited to Report Q2, 2024 Results on Aug 14, 2024 AsiaInfo Technologies Limited announced that they will report Q2, 2024 results on Aug 14, 2024 New Risk • Jul 22
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 German 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.8% net profit margin). Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.92 in FY 2022) Full year 2023 results: EPS: CN¥0.58 (down from CN¥0.92 in FY 2022). Revenue: CN¥7.89b (up 2.0% from FY 2022). Net income: CN¥533.0m (down 36% from FY 2022). Profit margin: 6.8% (down from 11% in FY 2022). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Board Change • Apr 02
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 not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. 2 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Non-Executive Director Ping Tao was the last independent 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: Minority of independent directors. Insufficient board refreshment. Aankondiging • Mar 19
AsiaInfo Technologies Limited, Annual General Meeting, Jun 28, 2024 AsiaInfo Technologies Limited, Annual General Meeting, Jun 28, 2024, at 10:00 China Standard Time.