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 Hong Kong stocks, typically moving 16% 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 68% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (HK$199.6m market cap, or US$25.5m). Recent Insider Transactions • Jun 29
CEO & Executive Chairman of the Board recently bought HK$1.2m worth of stock On the 22nd of June, Shuchun Zhai bought around 7m shares on-market at roughly HK$0.17 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Shuchun's only on-market trade for the last 12 months. Aankondiging • Apr 24
Newlink Technology Inc., Annual General Meeting, Jun 10, 2026 Newlink Technology Inc., Annual General Meeting, Jun 10, 2026, at 10:00 China Standard Time. Location: conference room, 5/f, tower a, xueqing jiachuang building, xueqing road, haidian district, beijing China New Risk • Apr 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 68% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$189.6m market cap, or US$24.2m). Reported Earnings • Mar 29
Full year 2025 earnings released: CN¥0.20 loss per share (vs CN¥0.10 loss in FY 2024) Full year 2025 results: CN¥0.20 loss per share (further deteriorated from CN¥0.10 loss in FY 2024). Revenue: CN¥308.7m (up 11% from FY 2024). Net loss: CN¥187.9m (loss widened 103% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 53% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 17
Newlink Technology Inc. to Report Fiscal Year 2025 Results on Mar 27, 2026 Newlink Technology Inc. announced that they will report fiscal year 2025 results on Mar 27, 2026 New Risk • Mar 13
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: Major Risk Earnings have declined by 69% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$239.5m market cap, or US$30.6m). Aankondiging • Feb 11
Newlink Technology Inc. has completed a Follow-on Equity Offering in the amount of HKD 18 million. Newlink Technology Inc. has completed a Follow-on Equity Offering in the amount of HKD 18 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: HKD 0.3
Transaction Features: Subsequent Direct Listing New Risk • Feb 09
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 Hong Kong 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: Major Risk Earnings have declined by 69% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$286.0m market cap, or US$36.6m). Aankondiging • Feb 05
Newlink Technology Inc. has filed a Follow-on Equity Offering in the amount of HKD 18 million. Newlink Technology Inc. has filed a Follow-on Equity Offering in the amount of HKD 18 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,000,000
Price\Range: HKD 0.3
Transaction Features: Subsequent Direct Listing Reported Earnings • Aug 27
First half 2025 earnings released: CN¥0.069 loss per share (vs CN¥0.067 loss in 1H 2024) First half 2025 results: CN¥0.069 loss per share (further deteriorated from CN¥0.067 loss in 1H 2024). Revenue: CN¥133.7m (up 8.8% from 1H 2024). Net loss: CN¥64.4m (loss widened 17% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 25 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 15
Newlink Technology Inc. to Report First Half, 2025 Results on Aug 25, 2025 Newlink Technology Inc. announced that they will report first half, 2025 results on Aug 25, 2025 New Risk • Jun 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 Hong Kong 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: Major Risk Earnings have declined by 70% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$314.2m market cap, or US$40.0m). Aankondiging • Apr 23
Newlink Technology Inc., Annual General Meeting, Jun 09, 2025 Newlink Technology Inc., Annual General Meeting, Jun 09, 2025, at 10:00 China Standard Time. Location: conference room, 5/f, tower a, xueqing jiachuang building, xueqing road, haidian district, beijing China Reported Earnings • Apr 02
Full year 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.088 loss in FY 2023) Full year 2024 results: CN¥0.10 loss per share (further deteriorated from CN¥0.088 loss in FY 2023). Revenue: CN¥278.8m (up 14% from FY 2023). Net loss: CN¥92.5m (loss widened 34% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 19
Newlink Technology Inc. to Report Fiscal Year 2024 Results on Mar 31, 2025 Newlink Technology Inc. announced that they will report fiscal year 2024 results on Mar 31, 2025 Reported Earnings • Sep 03
First half 2024 earnings released: CN¥0.067 loss per share (vs CN¥0.034 loss in 1H 2023) First half 2024 results: CN¥0.067 loss per share (further deteriorated from CN¥0.034 loss in 1H 2023). Revenue: CN¥122.9m (up 4.2% from 1H 2023). Net loss: CN¥55.2m (loss widened 106% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. New Risk • Aug 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$250.1m (US$32.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 56% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (HK$250.1m market cap, or US$32.1m). Aankondiging • Aug 21
Newlink Technology Inc. Provides Group Earnings Guidance for the Six Months Ended 30 June 2024 Newlink Technology Inc. provided group earnings guidance for the six months ended 30 June 2024. The Group is expected to record a loss for the period attributable to owners of the Company for the six months ended 30 June 2024 ranging from approximately RMB 50 million to approximately RMB 60 million, representing an expected increase in loss of approximately RMB 23.2 million to RMB 33.2 million as compared to the Group's loss for the period attributable to owners of the Company of RMB 26.8 million for the six months ended 30 June 2023, which is mainly due to the combined effect of (i) a significant increase in research and development expenses resulting from the increase in the amount of the Group's amortisation of deferred development costs and the increased number of research projects; and (ii) an increase in expected credit losses on trade receivables. Aankondiging • Aug 20
Newlink Technology Inc. to Report First Half, 2024 Results on Aug 29, 2024 Newlink Technology Inc. announced that they will report first half, 2024 results on Aug 29, 2024 Recent Insider Transactions • Jun 11
CEO & Executive Chairman of the Board recently bought HK$2.8m worth of stock On the 6th of June, Shuchun Zhai bought around 1m shares on-market at roughly HK$2.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Shuchun has been a buyer over the last 12 months, purchasing a net total of HK$4.9m worth in shares. Aankondiging • Jun 05
Newlink Technology Inc., Annual General Meeting, Jun 26, 2024 Newlink Technology Inc., Annual General Meeting, Jun 26, 2024, at 10:00 China Standard Time. Location: conference room, 5/f, tower a, xueqing jiachuang building, xueqing road, haidian district, beijing, prc., China New Risk • May 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (54% average weekly change). Earnings have declined by 56% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Aankondiging • May 16
Newlink Technology Inc. has completed a Follow-on Equity Offering in the amount of HKD 44.044806 million. Newlink Technology Inc. has completed a Follow-on Equity Offering in the amount of HKD 44.044806 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 157,302,880
Price\Range: HKD 0.28
Discount Per Security: HKD 0.0028
Transaction Features: Subsequent Direct Listing Aankondiging • May 09
Newlink Technology Inc. has filed a Follow-on Equity Offering in the amount of HKD 44.044806 million. Newlink Technology Inc. has filed a Follow-on Equity Offering in the amount of HKD 44.044806 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 157,302,880
Price\Range: HKD 0.28
Discount Per Security: HKD 0.0028
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 30
Full year 2023 earnings released: CN¥0.088 loss per share (vs CN¥0.022 profit in FY 2022) Full year 2023 results: CN¥0.088 loss per share (down from CN¥0.022 profit in FY 2022). Revenue: CN¥245.5m (down 5.8% from FY 2022). Net loss: CN¥69.2m (down 496% 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 62 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 28
Newlink Technology Inc. Announces Executive Changes The board of directors of Newlink Technology Inc. announced that Ms. HO Wing Nga has resigned from her positions as a joint company secretary of the company. Following the resignation of Ms. HO, the Board announced that with effect from March 30, 2024, Ms. ZHANG Xiushi will act as the sole company secretary of the company. Since the listing of the shares of the Company on the Stock Exchange on 6 January 2021, Ms. ZHANG has performed her duty as a joint company secretary of the Company with the assistance of Ms. HO acting as the other joint company secretary of the Company. Ms. HO satisfies the requirements of Rules 3.28 and 8.17 of the Listing Rules. During the three-year period, Ms. ZHANG has acquired a good understanding of the Listing Rules and the relevant experience within the meaning of Rule 3.28 of the Listing Rules and is capable of discharging the duties of the company secretary of the Company independently. The Stock Exchange has also confirmed that Ms. ZHANG is qualified to act as the company secretary of the Company under Rule 3.28 of the Listing Rules. Aankondiging • Mar 19
Newlink Technology Inc. to Report Fiscal Year 2023 Results on Mar 28, 2024 Newlink Technology Inc. announced that they will report fiscal year 2023 results on Mar 28, 2024 Buy Or Sell Opportunity • Mar 15
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to HK$0.46. The fair value is estimated to be HK$0.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Feb 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to HK$0.46. The fair value is estimated to be HK$0.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company became loss making. New Risk • Feb 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 36% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$334.3m market cap, or US$42.7m). Buy Or Sell Opportunity • Feb 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 47% to HK$0.42. The fair value is estimated to be HK$0.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company became loss making. Board Change • Dec 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Juan Yang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 04
Newlink Technology Inc. Announces Board Changes The board of directors of Newlink Technology Inc. announced that the tenure of office of Mr. YE Jinfu ("Mr. YE") as an independent non-executive Director expires on 4 December 2023 (the "Expiration") and Mr. YE has ceased to be the independent non-executive Director and the chairman of the audit committee of the Board (the "Audit Committee") with effect from the Expiration, due to his desire to devote more time to pursue other personal commitments. Mr. YE will not hold any other position with the Group after his cessation of directorship. The Board announced that Mr. YOU Linfeng ("Mr. YOU") has been appointed as an independent non-executive Director and the chairman of the Audit Committee with effect from 4 December 2023. Mr. YOU, aged 45, has more than 22 years of experience in the field of accounting and audit. From July 2001 to May 2005, he has served as an auditor assistant at Huazheng Certified Public Accountants and Beijing Pan-China Certified Public Accountants. From June 2005 to December 2012, he worked for Deloitte Touche Tohmatsu CPA and lastly as a senior manager. From December 2012 to June 2020, he has served as a vice general manager of the Inspection & Audit Department at Zhongrong International Trust Co. Ltd. Since December 2020, he has been serving as a salaried partner at BDO China Shu Lun Pan Certified Public Accountants LLP. Mr. YOU graduated from Beijing University of Chemical Technology in 2001 with a bachelor's degree in accounting, obtained the qualification of certified internal auditor conferred by The institute of Internal Auditors and is a certified public accountant in the People's Republic of China. New Risk • Oct 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$684.3m (US$87.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 36% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$684.3m market cap, or US$87.4m). Reported Earnings • Sep 23
First half 2023 earnings released: CN¥0.034 loss per share (vs CN¥0.022 profit in 1H 2022) First half 2023 results: CN¥0.034 loss per share (down from CN¥0.022 profit in 1H 2022). Revenue: CN¥118.0m (up 1.6% from 1H 2022). Net loss: CN¥26.8m (down 254% from profit in 1H 2022). New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 36% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 36% per year over the past 5 years. Aankondiging • Aug 22
Newlink Technology Inc. Provides Earnings Guidance for the Six Months Ended June 30, 2023 Newlink Technology Inc. provided earnings guidance for the six months ended June 30, 2023. For the period, the revenue of Group is expected to remain stable as compared to the same period of last year, affected by novel coronavirus (COVID-19) pandemic infection peak during the period from December 2022 to the first quarter of 2023, the implementation progress of the Group 's software development services business was slow as limited by the schedule for the resumption of work and production of the major customers, resulting in a year-on-year decline in the revenue of such type of business in the first half of 2023. The Group is expected to record a loss for the period attributable to owners of the Company ranging from approximately RMB 26 million to approximately RMB 29 million for the six months ended 30 June 2023, representing a possible decrease of approximately 249% to 267% as compared to the Group's recorded profit for the period attributable to owners of the Company for the six months ended 30 June 2022, which is mainly due to the combined effect of factors, such as the fact that the Group did not record any fair value gain on equity investment at fair value through profit or loss for the six months ended 30 June 2023, the Group's additional selling and distribution expenses, administrative expenses and research and development expenses incurred by the newly acquired subsidiary Beijing Neusoft Yuetong Software Technology Co. Ltd., a significant increase in research and development expenses resulting from the increase in the amount of the Group's amortisation of deferred development costs as well as increased payment of staff severance compensation as compared to the same period of last year. Aankondiging • Aug 18
Newlink Technology Inc. to Report First Half, 2023 Results on Aug 29, 2023 Newlink Technology Inc. announced that they will report first half, 2023 results on Aug 29, 2023 New Risk • Jul 07
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 161% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 161% Paying a dividend despite having no free cash flows. High level of non-cash earnings (23% accrual ratio). Aankondiging • Jun 10
Newlink Technology Inc. Approves Final Dividend for the Year Ended 31 December 2022 Newlink Technology Inc. announced that at the annual general meeting held on 9 June 2023, approved to declare final dividend of HKD 0.04 per share for the year ended 31 December 2022. Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: CN¥0.022 (vs CN¥0.016 in FY 2021) Full year 2022 results: EPS: CN¥0.022 (up from CN¥0.016 in FY 2021). Revenue: CN¥260.6m (up 27% from FY 2021). Net income: CN¥17.5m (up 34% from FY 2021). Profit margin: 6.7% (up from 6.3% in FY 2021). Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 17% share price gain to HK$2.15, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 11x in the IT industry in Hong Kong. Total returns to shareholders of 13% over the past year. Aankondiging • Dec 17
Beijing Guanruitong E-Commerce Technology Co., Ltd entered into an Equity Transfer Agreement to acquire Newlink Technology (Beijing) Co., Ltd from Newlink Technology Inc. (SEHK:9600) for CNY 54.4 million. Beijing Guanruitong E-Commerce Technology Co., Ltd entered into an Equity Transfer Agreement to acquire Newlink Technology (Beijing) Co., Ltd from Newlink Technology Inc. (SEHK:9600) for CNY 54.4 million on December 14, 2022. The equity transfer consideration payable by Guanruitong or Zhai Shuchun to Newlink Technology shall be CNY 13,840,727.47 to be paid in three installments within three years after the execution of the Equity Transfer Agreement, among which no less than one third of the equity purchase price of CNY 13,840,727.47, i.e. CNY 4,613,575.83, shall be paid to Newlink Technology in each year in 2023 and 2024, and the balance shall be paid in 2025. Guanruitong will succeed Newlink Technology’s payment obligation of the outstanding equity purchase price under the Acquisition Agreement. Guanruitong shall perform the payment obligation to the Future Jialian in accordance with the Acquisition Agreement in two installments, i.e. upon the fulfillment of the performance commitment in 2022 and 2023, Guanruitong shall pay CNY 10.42 million to the bank account designated by Future Jialian (the Second Installment); upon the fulfillment of the performance commitment in 2022, 2023 and 2024, Guanruitong shall pay RMB25.75 million to the bank account designated by Future Jialian (the Third Installment). As of the date of this announcement, Newlink Technology holds 100% equity interests in Jiafutong, which is the indirect wholly-owned subsidiary of Newlink Technology. After the completion of the transaction contemplated under the Equity Transfer Agreement, Newlink Technology no longer holds any equity interest in Jiafutong, thus Newlink Technology will no longer indirectly hold any equity interest in Jiafutong. Jiafutong will cease to be a subsidiary of Newlink Technology. Jiafutong has net profit after Tax Deduction CNY0.748 million. Newlink Technology intends to apply the proceeds from the Disposal for general working capital of the Group. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CEO & Executive Chairman of the Board Shuchun Zhai is the most experienced director on the board, commencing their role in 2019. 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 • Oct 21
Newlink Technology Inc. (SEHK:9600) entered into a memorandum of intent to acquire controlling interests in MySteelsoft Information and Technology Engineering Co., Ltd. Newlink Technology Inc. (SEHK:9600) entered into a memorandum of intent to acquire controlling interests in MySteelsoft Information and Technology Engineering Co., Ltd. on October 20, 2022. The consideration for the deal is subject to due diligence, audit and valuation. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: CN¥0.022 (vs CN¥0.002 in 1H 2021) First half 2022 results: EPS: CN¥0.022 (up from CN¥0.002 in 1H 2021). Revenue: CN¥116.0m (up 72% from 1H 2021). Net income: CN¥17.4m (up CN¥16.2m from 1H 2021). Profit margin: 15% (up from 1.8% in 1H 2021). Aankondiging • Aug 19
Newlink Technology Inc. to Report First Half, 2022 Results on Aug 30, 2022 Newlink Technology Inc. announced that they will report first half, 2022 results on Aug 30, 2022 Aankondiging • Aug 18
Newlink Technology Inc. Provides Earnings Guidance for the Six Months Ended June 30, 2022 Newlink Technology Inc. provided earnings guidance for the six months ended June 30, 2022. The Group is expected to record a revenue ranging from approximately RMB 115 million to approximately RMB 117 million for the six months ended 30 June 2022, representing an increase ranging from approximately 70.62% to 73.59% as compared to the Group's revenue of approximately RMB 67.4 million for the six months ended 30 June 2021, which is mainly attributable to the increase in revenue from software development services as compared to the corresponding period in 2021; and the Group is expected to record a profit for the period ranging from approximately RMB 18 million to approximately RMB 20 million for the six months ended 30 June 2022, representing an increase ranging from approximately 14 times to 16 times as compared to the Group's profit for the period of approximately RMB 1.2 million for the six months ended 30 June 2021, which is mainly attributable to (i) the increase in profit from the increase in revenue from principal business and (ii) the fair value gain on financial assets at fair value through profit or loss. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). CEO & Executive Chairman of the Board Shuchun Zhai is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Juan Yang 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. Lack of experienced directors. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 32% share price gain to HK$1.11, the stock trades at a trailing P/E ratio of 54.6x. Average trailing P/E is 12x in the IT industry in Hong Kong. Total loss to shareholders of 49% over the past year. Aankondiging • Apr 20
Newlink Technology Inc., Annual General Meeting, Jun 10, 2022 Newlink Technology Inc., Annual General Meeting, Jun 10, 2022. Agenda: To amend the existing memorandum and articles of association of the Company to comply with the latest legal and regulatory requirements, including the amendments to Appendix 3 to the Listing Rules which took effect from January 1, 2022, and to adopt the second amended and restated memorandum and articles of association of the Company (the "New Articles") in substitution for and to exclusion of the existing memorandum and articles of association. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: CN¥0.016 (vs CN¥0.053 in FY 2020) Full year 2021 results: EPS: CN¥0.016 (down from CN¥0.053 in FY 2020). Revenue: CN¥205.8m (up 17% from FY 2020). Net income: CN¥13.0m (down 59% from FY 2020). Profit margin: 6.3% (down from 18% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to HK$1.33, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 11x in the IT industry in Hong Kong. Total loss to shareholders of 36% over the past year. Executive Departure • Dec 01
Independent Non-executive Director Liping Jing has left the company On the 30th of November, Liping Jing's tenure as Independent Non-executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Liping's name. Liping is the only executive to leave the company over the last 12 months. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improved over the past week After last week's 16% share price gain to HK$2.06, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 11x in the IT industry in Hong Kong. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 23% share price decline to CN¥2.14, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 13x in the IT industry in Hong Kong. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥2.28, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 15x in the IT industry in Hong Kong. Reported Earnings • Mar 31
Full year 2020 earnings released The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥176.1m (up 18% from FY 2019). Net income: CN¥32.0m (down 3.3% from FY 2019). Profit margin: 18% (down from 22% in FY 2019). The decrease in margin was driven by higher expenses. Aankondiging • Mar 19
Newlink Technology Inc. to Report Fiscal Year 2020 Results on Mar 30, 2021 Newlink Technology Inc. announced that they will report fiscal year 2020 results on Mar 30, 2021 Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorated over the past week After last week's 22% share price decline to CN¥2.41, the stock is trading at a trailing P/E ratio of 35.7x, down from the previous P/E ratio of 45.6x. This compares to an average P/E of 16x in the IT industry in Hong Kong. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥3.12, the stock is trading at a trailing P/E ratio of 46.4x, down from the previous P/E ratio of 56x. This compares to an average P/E of 15x in the IT industry in Hong Kong. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥3.50, the stock is trading at a trailing P/E ratio of 52.1x, down from the previous P/E ratio of 61.8x. This compares to an average P/E of 13x in the IT industry in Hong Kong. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥3.72, the stock is trading at a trailing P/E ratio of 55.2x, down from the previous P/E ratio of 65.5x. This compares to an average P/E of 13x in the IT industry in Hong Kong. Aankondiging • Jan 06
Newlink Technology Inc. has completed an IPO in the amount of HKD 872 million. Newlink Technology Inc. has completed an IPO in the amount of HKD 872 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 200,000,000
Price\Range: HKD 4.36
Discount Per Security: HKD 0.0872
Transaction Features: Regulation S