New Risk • May 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 56% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 27
Full year 2025 earnings released: EPS: CN¥0.41 (vs CN¥0.39 in FY 2024) Full year 2025 results: EPS: CN¥0.41 (up from CN¥0.39 in FY 2024). Revenue: CN¥1.18b (up 7.3% from FY 2024). Net income: CN¥155.7m (up 7.4% from FY 2024). Profit margin: 13% (in line with FY 2024). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Professional Services industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year. Announcement • Apr 27
NCS Testing Technology Co., Ltd., Annual General Meeting, May 18, 2026 NCS Testing Technology Co., Ltd., Annual General Meeting, May 18, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 31
NCS Testing Technology Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 NCS Testing Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Announcement • Dec 31
NCS Testing Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026 NCS Testing Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.099 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.099 in 3Q 2024). Revenue: CN¥306.6m (up 16% from 3Q 2024). Net income: CN¥41.4m (up 7.8% from 3Q 2024). Profit margin: 14% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 20% per year. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥20.32, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 48x in the Professional Services industry in China. Total returns to shareholders of 100% over the past three years. Buy Or Sell Opportunity • Oct 11
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to CN¥18.40. The fair value is estimated to be CN¥14.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 16%. Announcement • Sep 30
NCS Testing Technology Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 NCS Testing Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 Buy Or Sell Opportunity • Sep 05
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 31% to CN¥17.78. The fair value is estimated to be CN¥14.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 16%. New Risk • Aug 28
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 6.8% 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 Dividend is not well covered by cash flows (dividend per share is over 22x cash flows per share). Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥18.60, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 43x in the Professional Services industry in China. Total returns to shareholders of 114% over the past three years. Declared Dividend • Jul 06
Dividend increased to CN¥0.12 Dividend of CN¥0.12 is 20% higher than last year. Ex-date: 11th July 2025 Payment date: 11th July 2025 Dividend yield will be 0.9%, which is lower than the industry average of 1.5%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but not covered by cash flows (dividend approximately 22x free cash flows). The dividend has increased by an average of 45% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 02
NCS Testing Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 NCS Testing Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥13.90, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 44x in the Professional Services industry in China. Total returns to shareholders of 81% over the past three years. New Risk • Apr 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 46% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Announcement • Apr 18
NCS Testing Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2024 NCS Testing Technology Co., Ltd. announced on 17 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 1.20000000. Reported Earnings • Apr 17
Full year 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.34 in FY 2023) Full year 2024 results: EPS: CN¥0.39 (up from CN¥0.34 in FY 2023). Revenue: CN¥1.10b (up 16% from FY 2023). Net income: CN¥145.0m (up 15% from FY 2023). Profit margin: 13% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 17
NCS Testing Technology Co., Ltd., Annual General Meeting, May 12, 2025 NCS Testing Technology Co., Ltd., Annual General Meeting, May 12, 2025, at 15:30 China Standard Time. Location: The Company's Meeting Room, Beijing China New Risk • Apr 16
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 8.7% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥16.86, the stock trades at a trailing P/E ratio of 49.5x. Average trailing P/E is 42x in the Professional Services industry in China. Total returns to shareholders of 91% over the past three years. Announcement • Mar 31
NCS Testing Technology Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 NCS Testing Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
NCS Testing Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 17, 2025 NCS Testing Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 17, 2025 Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥15.04, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 45x in the Professional Services industry in China. Total returns to shareholders of 52% over the past three years. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.099 (vs CN¥0.10 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.099 (down from CN¥0.10 in 3Q 2023). Revenue: CN¥264.8m (up 14% from 3Q 2023). Net income: CN¥38.4m (flat on 3Q 2023). Profit margin: 14% (down from 17% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year. Announcement • Sep 30
NCS Testing Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 NCS Testing Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to CN¥12.76, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 39x in the Professional Services industry in China. Total returns to shareholders of 32% over the past three years. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.089 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.097 (up from CN¥0.089 in 2Q 2023). Revenue: CN¥252.8m (up 18% from 2Q 2023). Net income: CN¥36.1m (up 8.7% from 2Q 2023). Profit margin: 14% (down from 16% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 01
Dividend of CN¥0.10 announced Shareholders will receive a dividend of CN¥0.10. Ex-date: 4th July 2024 Payment date: 4th July 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.5%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 52% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 5.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 29
NCS Testing Technology Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 NCS Testing Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.31 in FY 2022) Full year 2023 results: EPS: CN¥0.34 (up from CN¥0.31 in FY 2022). Revenue: CN¥949.5m (up 16% from FY 2022). Net income: CN¥125.7m (up 10% from FY 2022). Profit margin: 13% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Apr 20
NCS Testing Technology Co., Ltd., Annual General Meeting, May 10, 2024 NCS Testing Technology Co., Ltd., Annual General Meeting, May 10, 2024, at 15:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 30
NCS Testing Technology Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 NCS Testing Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 New Risk • Feb 05
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 7.0% 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 High level of non-cash earnings (36% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥9.40, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 32x in the Professional Services industry in China. Total returns to shareholders of 6.3% over the past three years. Announcement • Dec 29
NCS Testing Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 NCS Testing Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Oct 23
Third quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.074 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.074 in 3Q 2022). Revenue: CN¥233.1m (up 21% from 3Q 2022). Net income: CN¥38.7m (up 42% from 3Q 2022). Profit margin: 17% (up from 14% in 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 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥13.70, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 39x in the Professional Services industry in China. Total returns to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥13.49, the stock trades at a trailing P/E ratio of 47x. Average trailing P/E is 38x in the Professional Services industry in China. Total returns to shareholders of 6.5% over the past three years. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.086 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.27 (up from CN¥0.086 in 2Q 2022). Revenue: CN¥213.9m (up 16% from 2Q 2022). Net income: CN¥33.2m (up 3.7% from 2Q 2022). Profit margin: 16% (down from 17% in 2Q 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 1% per year, which means it is significantly lagging earnings. Announcement • Jul 12
NCS Testing Technology Co., Ltd. Announces Implementation of Cash Dividend for 2022, Payable on 14 July 2023 NCS Testing Technology Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares) cash dividend per 10 shares (tax included) of CNY 1.34000000. Record date: 13 July 2023; Ex-date: 14 July 2023; Payment date: 14 July 2023. Announcement • Jul 01
NCS Testing Technology Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023 NCS Testing Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 Announcement • May 19
NCS Testing Technology Co., Ltd. Approves Cash Dividend NCS Testing Technology Co., Ltd. held its Annual General Meeting of 2022 on 15 May 2023 approved the Cash dividend/10 shares (tax included): CNY 1.34000000. Reported Earnings • Apr 22
Full year 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.34 in FY 2021) Full year 2022 results: EPS: CN¥0.46 (up from CN¥0.34 in FY 2021). Revenue: CN¥815.4m (up 16% from FY 2021). Net income: CN¥113.8m (up 35% from FY 2021). Profit margin: 14% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. Supervisor Ge Jin 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. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥17.21, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 35x in the Professional Services industry in China. Total returns to shareholders of 67% over the past three years. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.13 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.13 in 3Q 2021). Revenue: CN¥193.3m (down 4.0% from 3Q 2021). Net income: CN¥27.3m (down 12% from 3Q 2021). Profit margin: 14% (down from 15% in 3Q 2021). Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥15.66, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 32x in the Professional Services industry in China. Total returns to shareholders of 1.6% over the past year. Board Change • Sep 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. 3 experienced directors. No highly experienced directors. Supervisor Ge Jin 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 • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.13 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.13 (down from CN¥0.13 in 2Q 2021). Revenue: CN¥184.5m (up 5.5% from 2Q 2021). Net income: CN¥32.0m (down 1.5% from 2Q 2021). Profit margin: 17% (down from 19% in 2Q 2021). Announcement • Aug 03
NCS Testing Technology Co., Ltd. Approves Board Elections NCS Testing Technology Co., Ltd. at its EGM held on August 1, 2022 approved election of Tang Jianxin, Huang Shaji and Li Han as non-independent directors and Hu Jie as supervisors. Announcement • Jun 07
NCS Testing Technology Co., Ltd. Implements 2021 Final Profit Distribution Plan (A Shares), Payable on 10 June 2022 NCS Testing Technology Co., Ltd. implemented 2021 final profit distribution plan (A shares) of Cash dividend/10 shares (tax included) CNY 1.02000000 payable on 10 June 2022. Record date is 09 June 2022. Ex-date is 10 June 2022. Announcement • May 18
NCS Testing Technology Co., Ltd. Announces Cash Dividend for 2021 NCS Testing Technology Co., Ltd. announced that its AGM held on13 May 2022, the company has approved the profit distribution for 2021 as cash dividend/10 shares (tax included): CNY 1.02000000. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.34 (vs CN¥0.31 in FY 2020) Full year 2021 results: EPS: CN¥0.34 (up from CN¥0.31 in FY 2020). Revenue: CN¥701.6m (up 20% from FY 2020). Net income: CN¥84.2m (up 9.0% from FY 2020). Profit margin: 12% (down from 13% in FY 2020). Announcement • Apr 24
NCS Testing Technology Co., Ltd., Annual General Meeting, May 13, 2022 NCS Testing Technology Co., Ltd., Annual General Meeting, May 13, 2022, at 15:00 China Standard Time. Agenda: To consider the 2021 work report of the board of directors; to consider the 2021 work report of the general manager; to consider the 2021 annual accounts; to consider the 2022 financial budget report; to consider the 2021 annual report and its summary; to consider the 2021 profit distribution plan; to consider the 2022 estimated quota of continuing connected transactions; to consider the 2022 remuneration and appraisal plan for directors and supervisors; to consider the 2022 investment plan; to consider the authorization to the board to handle matters regarding the share offering to specific parties via a simplified procedure; to consider the first phase restricted stock incentive plan (draft) and its summary; and to consider the other matters. Announcement • Apr 23
NCS Testing Technology Co., Ltd. Proposes Cash Dividend for 2021 NCS Testing Technology Co., Ltd. announced on 22 April 2022 the profit distribution proposal for 2021 as cash dividend/10 shares (tax included): CNY 1.02000000. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.081 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥201.3m (up 43% from 3Q 2020). Net income: CN¥31.0m (up 55% from 3Q 2020). Profit margin: 15% (up from 14% in 3Q 2020). Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.10 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥174.9m (up 28% from 2Q 2020). Net income: CN¥32.5m (up 28% from 2Q 2020). Profit margin: 19% (in line with 2Q 2020). Upcoming Dividend • Jun 14
Upcoming dividend of CN¥0.032 per share Eligible shareholders must have bought the stock before 21 June 2021. Payment date: 21 June 2021. Trailing yield: 0.2%. Lower than top quartile of Chinese dividend payers (1.8%). Lower than average of industry peers (0.8%). Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.027 (vs CN¥0.014 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥103.8m (up 52% from 1Q 2020). Net income: CN¥6.65m (up CN¥10.1m from 1Q 2020). Profit margin: 6.4% (up from net loss in 1Q 2020). Reported Earnings • Mar 26
Full year 2020 earnings released: EPS CN¥0.31 (vs CN¥0.35 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥585.5m (up 7.1% from FY 2019). Net income: CN¥77.2m (up 12% from FY 2019). Profit margin: 13% (in line with FY 2019). Announcement • Mar 10
NCS Testing Technology Co., Ltd. Approves Board Elections NCS Testing Technology Co., Ltd. held its first Extraordinary General Meeting of 2021 on 05 March 2021, during which the following proposal(s) was/were approved:1. Election and nomination of non-independent directors, Li Le, Gao Hongbin, Zhou Wuping and Yang Zhigang. Election and nomination of independent directors: Qu Xuanhui, Zhang Xiaowei and Xia Ning. Election and nomination of supervisors: Li Han and Jin Ge. Announcement • Feb 24
NCS Testing Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021 NCS Testing Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 26, 2021 Is New 90 Day High Low • Feb 04
New 90-day low: CN¥14.00 The company is down 33% from its price of CN¥21.04 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is down 9.0% over the same period. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥16.85, the stock is trading at a trailing P/E ratio of 69.1x, up from the previous P/E ratio of 58.5x. This compares to an average P/E of 32x in the Professional Services industry in China. Total return to shareholders over the past year is a loss of 11%. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥14.21 The company is down 39% from its price of CN¥23.12 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is down 12% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥16.58 The company is down 9.0% from its price of CN¥18.18 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is down 6.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥59.3m, down 27% from the prior year. Total revenue was CN¥515.7m over the last 12 months, down 6.8% from the prior year. Is New 90 Day High Low • Oct 13
New 90-day high: CN¥22.73 The company is up 25% from its price of CN¥18.16 on 15 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 7.0% over the same period. Announcement • Jul 24
NCS Testing Technology Co., Ltd. to Report First Half, 2020 Results on Aug 19, 2020 NCS Testing Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 19, 2020