Aankondiging • May 05
JIADE Limited has filed a Follow-on Equity Offering in the amount of $12 million. JIADE Limited has filed a Follow-on Equity Offering in the amount of $12 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: $0.24
Transaction Features: Registered Direct Offering Aankondiging • Apr 23
JIADE Limited, Annual General Meeting, May 04, 2026 JIADE Limited, Annual General Meeting, May 04, 2026, at 09:30 China Standard Time. Location: 18/f, block d, huirong plaza, no. 88, section 3, jinhua road, jinjiang district, chengdu city, sichuan province, China Board Change • Apr 19
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman of the Board of Directors & Co-CEO Yuan Li is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 12
Full year 2025 earnings released: CN¥38.44 loss per share (vs CN¥45.68 profit in FY 2024) Full year 2025 results: CN¥38.44 loss per share (down from CN¥45.68 profit in FY 2024). Revenue: CN¥25.7m (up 37% from FY 2024). Net loss: CN¥10.6m (down 289% from profit in FY 2024). New Risk • Feb 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$5.46m This is considered a major 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 (54% average weekly change). Earnings have declined by 8.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Market cap is less than US$10m (US$5.46m market cap). Minor Risk Revenue is less than US$5m (CN¥19m revenue, or US$2.8m). Aankondiging • Feb 19
JIADE Limited has filed a Follow-on Equity Offering in the amount of $3 million. JIADE Limited has filed a Follow-on Equity Offering in the amount of $3 million.
Security Name: Class A Common Shares
Security Type: Common Stock
Securities Offered: 3,490,000
Price\Range: $0.25
Security Name: Pre-funded Warrants
Security Type: Equity Warrant
Securities Offered: 8,510,000
Price\Range: $0.25
Transaction Features: Registered Direct Offering New Risk • Jan 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 6x increase in shares outstanding. This is considered a major 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 (22% average weekly change). Earnings have declined by 8.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Minor Risks Revenue is less than US$5m (CN¥19m revenue, or US$2.7m). Market cap is less than US$100m (US$18.0m market cap). New Risk • Dec 19
New major risk - Revenue and earnings growth Earnings have declined by 8.2% 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 Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 8.2% per year over the past 5 years. Market cap is less than US$10m (US$3.91m market cap). Minor Risk Revenue is less than US$5m (CN¥19m revenue, or US$2.7m). Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.16, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 16x in the Consumer Services industry in the US. Total loss to shareholders of 73% over the past year. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$1.54, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 16x in the Consumer Services industry in the US. Total loss to shareholders of 72% over the past year. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to US$1.48, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 16x in the Consumer Services industry in the US. Total loss to shareholders of 75% over the past year. New Risk • Nov 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. 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 Risks Share price has been highly volatile over the past 3 months (21% average weekly change). High level of non-cash earnings (143% accrual ratio). Market cap is less than US$10m (US$6.27m market cap). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Profit margins are more than 30% lower than last year (30% net profit margin). Revenue is less than US$5m (CN¥19m revenue, or US$2.6m). Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to US$2.38, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 17x in the Consumer Services industry in the US. Total loss to shareholders of 59% over the past year. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.83, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 20x in the Consumer Services industry in the US. Total loss to shareholders of 62% over the past year. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$2.04, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 20x in the Consumer Services industry in the US. Total loss to shareholders of 50% over the past year. Aankondiging • Aug 15
JIADE Limited has filed a Follow-on Equity Offering in the amount of $19 million. JIADE Limited has filed a Follow-on Equity Offering in the amount of $19 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: $0.95
Discount Per Security: $0 Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$2.08, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 17x in the Consumer Services industry in the US. Total loss to shareholders of 46% over the past year. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$2.89, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 20x in the Consumer Services industry in the US. Total loss to shareholders of 58% over the past year. New Risk • Jun 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$8.40m This is considered a major 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 High level of non-cash earnings (143% accrual ratio). Market cap is less than US$10m (US$8.40m market cap). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Profit margins are more than 30% lower than last year (30% net profit margin). Revenue is less than US$5m (CN¥19m revenue, or US$2.6m). Aankondiging • May 08
JIADE Limited, Annual General Meeting, May 23, 2025 JIADE Limited, Annual General Meeting, May 23, 2025, at 09:30 China Standard Time. Location: 18/f, block d, huirong plaza, no. 88, section 3, jinhua road, chengdu city, sichuan province, jinjiang district, China Reported Earnings • Apr 28
Full year 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.43 in FY 2023) Full year 2024 results: EPS: CN¥0.23 (down from CN¥0.43 in FY 2023). Revenue: CN¥18.7m (up 20% from FY 2023). Net income: CN¥5.60m (down 41% from FY 2023). Profit margin: 30% (down from 61% in FY 2023). The decrease in margin was driven by higher expenses. Board Change • Mar 02
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. No experienced directors. No highly experienced directors. Chairman & CEO Yuan Li is the most experienced director on the board, commencing their role in 2023. 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 • Feb 23
JIADE Limited Announces Board and Committee Changes JIADE Limited announced that Ms. Yaxuan Yang, an independent director of the company, a member of the audit committee, the compensation committee, and the nominating and corporate governance committee of the board of directors of the Company, and the chairperson of the audit committee, has notified the Company of her resignation as a director, effective February 14, 2025. On February 14, 2025, the Board appointed Mr. Shang Wu as an independent director of the Company, a member of each of the nominating and corporate governance committee, audit committee, and compensation committee of the Board, and the chairperson of the compensation committee of the Board. In addition, Mr. Shuang Qiu, an independent director of the Company and a member of the audit committee, the compensation committee, and the nominating and corporate governance committee of the Board, previously served as the chairperson of the compensation committee. In connection with Mr. Shang Wu’s appointment as the new chairperson of the compensation committee, Mr. Shuang Qiu no longer serves in that role and, on February 14, 2025, the Board appointed Mr. Shuang Qiu as the chairperson of the audit committee of the Board. Mr. Shang Wu has extensive experience in cultural education, business activities, and corporate management. Since 2018, Mr. Wu has served as the Executive Director of the Italian I.C.E. International Exchange Promotion Association, where he leads strategic initiatives to enhance industrial cooperation between China and Italy. Since 2020, Mr. Wu has also served as the General Manager at Chengdu Muyan Cultural Development Co. Ltd., overseeing the company’s overall operations and leading commercial transformation projects focused on urban renewal and art-related business developments. Mr. Wu received his bachelor's degree in Decoration Arts from the Florence Academy of Fine Arts in 2016 and a master’s degree in Art History from the University of Florence in 2019. Board Change • Feb 02
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. No experienced directors. No highly experienced directors. Chairman & CEO Yuan Li is the most experienced director on the board, commencing their role in 2023. 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 • Jan 23
JIADE Limited Announces Board Changes Mr. Kunqi Bai, a director of JIADE LIMITED notified the Company of his resignation as a director for personal reasons, effective January 20, 2025. Mr. Kunqi Bai's resignation from the board of directors (the "Board") was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. On January 20, 2025, the Board appointed Mr. Xiaohui Li as a director of the Company. The foregoing appointment is intended to fill the vacancy created by Mr. Kunqi Bai's departure. Mr. Xiaohui Li, age 37, is an experienced executive in the securities and capital management sectors. Since October 2024, Mr. Xiaohui Li has served as the Co-Chief Executive Officer of Zhiyi Eastern Securities Co. Ltd., where he contributes to corporate strategic planning, supports partners in daily securities operations, and oversees the investment and post-investment management for major projects. Since April 2014, Mr. Xiaohui Li has served as the Chief Executive Officer of Shenzhen Hongying Capital Management Co. Ltd., where he was responsible for establishing corporate governance frameworks, managing fund operations and risks, and assisting partners with project investment and post-investment activities. Mr. Xiaohui Li received his bachelor’s degree in marketing management from Quanzhou Vocational and Technical University in 2009 and completed an executive development program in capital management at Peking University in 2016. Reported Earnings • Nov 29
First half 2024 earnings released First half 2024 results: EPS: CN¥0.21. Net income: CN¥5.17m (up CN¥5.17m from 1H 2023). New Risk • Nov 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Share price has been highly volatile over the past 3 months (46% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Revenue is less than US$5m (CN¥16m revenue, or US$2.2m). Market cap is less than US$100m (US$29.1m market cap). Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to US$1.40, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 20x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 86% After last week's 86% share price decline to US$1.75, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 22x in the Consumer Services industry in the US. Buy Or Sell Opportunity • Jun 04
Now 80% undervalued The stock has been flat over the last 90 days, currently trading at US$1.75. The fair value is estimated to be US$8.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last year. Earnings per share has grown by 78%. Aankondiging • May 16
JIADE Limited has completed an IPO in the amount of $8 million. JIADE Limited has completed an IPO in the amount of $8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,000,000
Price\Range: $4
Discount Per Security: $0.28