Announcement • Jun 30
Indium Target Advanced Materials (Harbin) Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Indium Target Advanced Materials (Harbin) Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Reported Earnings • Apr 28
Full year 2025 earnings released: CN¥0.074 loss per share (vs CN¥0.038 loss in FY 2024) Full year 2025 results: CN¥0.074 loss per share (further deteriorated from CN¥0.038 loss in FY 2024). Revenue: CN¥475.2m (up 26% from FY 2024). Net loss: CN¥211.1m (loss widened 92% from FY 2024). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Announcement • Apr 28
Indium Target Advanced Materials (Harbin) Co., Ltd., Annual General Meeting, May 20, 2026 Indium Target Advanced Materials (Harbin) Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: No. 8, Chaoyangmen North Avenue, Dongcheng District, Beijing China New Risk • Apr 07
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 8.4% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥74m free cash flow). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Announcement • Mar 31
Indium Target Advanced Materials (Harbin) Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Indium Target Advanced Materials (Harbin) Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Kingland Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Kingland Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.014 loss per share (vs CN¥0.004 loss in 3Q 2024) Third quarter 2025 results: CN¥0.014 loss per share (further deteriorated from CN¥0.004 loss in 3Q 2024). Revenue: CN¥107.1m (up 62% from 3Q 2024). Net loss: CN¥39.3m (loss widened 209% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Kingland Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Kingland Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Kingland Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Kingland Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Reported Earnings • Apr 16
Full year 2024 earnings released: CN¥0.038 loss per share (vs CN¥0.37 profit in FY 2023) Full year 2024 results: CN¥0.038 loss per share (down from CN¥0.37 profit in FY 2023). Revenue: CN¥377.9m (up 154% from FY 2023). Net loss: CN¥109.9m (down 110% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Apr 16
Kingland Technology Co.,Ltd., Annual General Meeting, May 07, 2025 Kingland Technology Co.,Ltd., Annual General Meeting, May 07, 2025, at 14:30 China Standard Time. Location: 5F, Building 3, No. 9, Guang'an Road, Fengtai District, Beijing China Announcement • Mar 31
Kingland Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Kingland Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥1.72, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 32x in the Commercial Services industry in China. Total loss to shareholders of 65% over the past three years. Announcement • Dec 31
Kingland Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Kingland Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥1.60, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 32x in the Commercial Services industry in China. Total loss to shareholders of 42% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.004 loss per share (vs CN¥0.12 loss in 3Q 2023) Third quarter 2024 results: CN¥0.004 loss per share (improved from CN¥0.12 loss in 3Q 2023). Revenue: CN¥66.3m (up 374% from 3Q 2023). Net loss: CN¥12.7m (loss narrowed 89% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Kingland Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Kingland Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.014 loss per share (vs CN¥0.56 loss in 2Q 2023) Second quarter 2024 results: CN¥0.014 loss per share (improved from CN¥0.56 loss in 2Q 2023). Net loss: CN¥39.4m (loss narrowed 93% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Kingland Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Kingland Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 30
Kingland Technology Co.,Ltd., Annual General Meeting, May 21, 2024 Kingland Technology Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: 5F, Building 3, No. 9, Guang'an Road, Fengtai District, Beijing China Announcement • Mar 30
Kingland Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Kingland Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Jan 23
Kingland Technology Co.,Ltd. Approves Board Elections Kingland Technology Co.,Ltd. at its extraordinary general meeting held on 19 January 2024, approved the election of Ma Liyang, Yin Haiming, Ma Zhongwei as non-independent directors; Lin Kaitao, Zhang Xue and Liu Wei as independent director; Wang Ping and Shi Tao as non-employee supervisors. Announcement • Dec 29
Kingland Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Kingland Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 New Risk • Dec 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 179% 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 Negative equity (-CN¥1.4b). Earnings have declined by 30% per year over the past 5 years. Shareholders have been substantially diluted in the past year (179% increase in shares outstanding). Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.12 loss per share (vs CN¥0.17 loss in 3Q 2022) Third quarter 2023 results: CN¥0.12 loss per share (improved from CN¥0.17 loss in 3Q 2022). Revenue: CN¥14.0m (down 76% from 3Q 2022). Net loss: CN¥117.7m (loss narrowed 32% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.56 loss per share (vs CN¥0.17 loss in 2Q 2022) Second quarter 2023 results: CN¥0.56 loss per share (further deteriorated from CN¥0.17 loss in 2Q 2022). Revenue: CN¥44.0m (down 32% from 2Q 2022). Net loss: CN¥547.6m (loss widened 217% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.09 loss per share (vs CN¥0.086 loss in 1Q 2022) First quarter 2023 results: CN¥0.09 loss per share (further deteriorated from CN¥0.086 loss in 1Q 2022). Revenue: CN¥58.1m (down 1.9% from 1Q 2022). Net loss: CN¥96.4m (loss widened 10.0% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. EVP & Director Zhiquan Han is the most experienced director on the board, commencing their role in 2017. 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 28
Third quarter 2022 earnings released: CN¥0.17 loss per share (vs CN¥0.13 loss in 3Q 2021) Third quarter 2022 results: CN¥0.17 loss per share (further deteriorated from CN¥0.13 loss in 3Q 2021). Revenue: CN¥57.5m (down 67% from 3Q 2021). Net loss: CN¥174.0m (loss widened 41% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 19% per year. Reported Earnings • Aug 23
Second quarter 2022 earnings released: CN¥0.17 loss per share (vs CN¥0.13 loss in 2Q 2021) Second quarter 2022 results: CN¥0.17 loss per share (down from CN¥0.13 loss in 2Q 2021). Revenue: CN¥64.8m (down 79% from 2Q 2021). Net loss: CN¥172.8m (loss widened 33% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.086 loss per share (up from CN¥0.088 loss in 1Q 2021). Revenue: CN¥59.2m (down 52% from 1Q 2021). Net loss: CN¥87.6m (loss narrowed 2.7% from 1Q 2021). Revenue missed analyst estimates by 53%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Director Zhiquan Han is the most experienced director on the board, commencing their role in 2018. 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 • Feb 02
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Director Zhiquan Han is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 26
Second quarter 2021 earnings released: CN¥0.13 loss per share (vs CN¥0.24 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥309.0m (up 116% from 2Q 2020). Net loss: CN¥130.0m (loss narrowed 47% from 2Q 2020). Reported Earnings • May 02
First quarter 2021 earnings released: CN¥0.088 loss per share (vs CN¥0.049 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: CN¥123.8m (down 22% from 1Q 2020). Net loss: CN¥90.0m (loss widened 81% from 1Q 2020). Reported Earnings • Apr 17
Full year 2020 earnings released: CN¥2.27 loss per share (vs CN¥1.03 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥1.08b (down 43% from FY 2019). Net loss: CN¥2.32b (loss widened 124% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Announcement • Mar 08
Kingland Technology Co.,Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021 Kingland Technology Co.,Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021 Is New 90 Day High Low • Jan 27
New 90-day low: CN¥2.16 The company is down 31% from its price of CN¥3.15 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 13% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥2.23 The company is down 34% from its price of CN¥3.40 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 9.0% over the same period. Is New 90 Day High Low • Dec 17
New 90-day low: CN¥2.81 The company is down 17% from its price of CN¥3.40 on 18 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 Water Utilities industry, which is down 8.0% over the same period. Reported Earnings • Oct 31
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.51b, with losses widening by CN¥1.48b from the prior year. Total revenue was CN¥1.07b over the last 12 months, down 52% from the prior year. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥3.20 The company is down 10.0% from its price of CN¥3.56 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 2.0% over the same period. Announcement • Jul 25
Kingland Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 21, 2020 Kingland Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 21, 2020 
