Announcement • Jun 30
People.cn CO., LTD to Report First Half, 2026 Results on Aug 29, 2026 People.cn CO., LTD announced that they will report first half, 2026 results on Aug 29, 2026 Announcement • Jun 05
People.cn CO., LTD, Annual General Meeting, Jun 29, 2026 People.cn CO., LTD, Annual General Meeting, Jun 29, 2026, at 14:30 China Standard Time. Reported Earnings • Apr 25
Full year 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.19 in FY 2024) Full year 2025 results: EPS: CN¥0.19 (up from CN¥0.19 in FY 2024). Revenue: CN¥2.07b (flat on FY 2024). Net income: CN¥212.7m (up 1.7% from FY 2024). Profit margin: 10% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
People.cn CO., LTD to Report Q1, 2026 Results on Apr 30, 2026 People.cn CO., LTD announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Jan 19
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 7.6% 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 5.9% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (9.1% net profit margin). Announcement • Dec 26
People.cn CO., LTD to Report Fiscal Year 2025 Results on Apr 25, 2026 People.cn CO., LTD announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.035 (vs CN¥0.036 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.035 (down from CN¥0.036 in 3Q 2024). Revenue: CN¥417.3m (down 2.2% from 3Q 2024). Net income: CN¥38.8m (down 3.5% from 3Q 2024). Profit margin: 9.3% (down from 9.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Announcement • Sep 30
People.cn CO., LTD to Report Q3, 2025 Results on Oct 31, 2025 People.cn CO., LTD announced that they will report Q3, 2025 results on Oct 31, 2025 Declared Dividend • Jul 16
Dividend reduced to CN¥0.13 Dividend of CN¥0.13 is 22% lower than last year. Ex-date: 18th July 2025 Payment date: 18th July 2025 Dividend yield will be 0.7%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 22% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.1% EPS decline seen over the last 5 years. Announcement • Jun 30
People.cn CO., LTD to Report First Half, 2025 Results on Aug 30, 2025 People.cn CO., LTD announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • Jun 06
People.cn CO., LTD, Annual General Meeting, Jun 27, 2025 People.cn CO., LTD, Annual General Meeting, Jun 27, 2025, at 14:30 China Standard Time. Location: 30F, No. 2, Jintai West Road, Chaoyang District, Beijing China New Risk • May 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 10% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (10% net profit margin). Reported Earnings • Apr 27
Full year 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.30 in FY 2023) Full year 2024 results: EPS: CN¥0.19 (down from CN¥0.30 in FY 2023). Revenue: CN¥2.09b (down 1.3% from FY 2023). Net income: CN¥209.2m (down 37% from FY 2023). Profit margin: 10.0% (down from 16% in FY 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 28
People.cn CO., LTD to Report Q1, 2025 Results on Apr 30, 2025 People.cn CO., LTD announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
People.cn CO., LTD to Report Fiscal Year 2024 Results on Apr 26, 2025 People.cn CO., LTD announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.03 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.23 (up from CN¥0.03 in 3Q 2023). Revenue: CN¥426.8m (down 1.6% from 3Q 2023). Net income: CN¥40.2m (up 50% from 3Q 2023). Profit margin: 9.4% (up from 6.2% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
People.cn CO., LTD to Report Q3, 2024 Results on Oct 31, 2024 People.cn CO., LTD announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.015 (vs CN¥0.044 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.015 (down from CN¥0.044 in 2Q 2023). Revenue: CN¥427.0m (up 1.9% from 2Q 2023). Net income: CN¥34.0m (down 21% from 2Q 2023). Profit margin: 8.0% (down from 10% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year. Declared Dividend • Jul 17
Dividend of CN¥0.17 announced Shareholders will receive a dividend of CN¥0.17. Ex-date: 19th July 2024 Payment date: 19th July 2024 Dividend yield will be 0.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 28
People.cn CO., LTD to Report First Half, 2024 Results on Aug 31, 2024 People.cn CO., LTD announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • Jun 08
People.cn CO., LTD, Annual General Meeting, Jun 27, 2024 People.cn CO., LTD, Annual General Meeting, Jun 27, 2024, at 14:30 China Standard Time. Location: 30F, No. 2, Jintai West Road, Chaoyang District, Beijing China Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.28 in FY 2022) Full year 2023 results: EPS: CN¥0.30 (up from CN¥0.28 in FY 2022). Revenue: CN¥2.12b (up 7.0% from FY 2022). Net income: CN¥331.2m (up 6.8% from FY 2022). Profit margin: 16% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 29
People.cn CO., LTD to Report Q1, 2024 Results on Apr 26, 2024 People.cn CO., LTD announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥19.10, the stock trades at a trailing P/E ratio of 78.6x. Average trailing P/E is 33x in the Media industry in China. Total returns to shareholders of 15% over the past three years. Announcement • Dec 30
People.cn CO., LTD to Report Fiscal Year 2023 Results on Apr 18, 2024 People.cn CO., LTD announced that they will report fiscal year 2023 results on Apr 18, 2024 Board Change • Oct 28
Less than half of directors are independent There are 6 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: 4 independent directors. 8 non-independent directors. Independent Director Jianwei Li was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.029 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.03. Revenue: CN¥433.7m (up 2.9% from 3Q 2022). Net income: CN¥26.8m (down 10% from 3Q 2022). Profit margin: 6.2% (down from 7.1% in 3Q 2022). Announcement • Sep 30
People.cn CO., LTD to Report Q3, 2023 Results on Oct 20, 2023 People.cn CO., LTD announced that they will report Q3, 2023 results on Oct 20, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.044 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.044 (down from CN¥0.15 in 2Q 2022). Revenue: CN¥419.2m (up 6.0% from 2Q 2022). Net income: CN¥43.0m (down 65% from 2Q 2022). Profit margin: 10% (down from 31% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥21.10, the stock trades at a trailing P/E ratio of 66.4x. Average trailing P/E is 55x in the Media industry in China. Total returns to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥18.78, the stock trades at a trailing P/E ratio of 59.1x. Average trailing P/E is 54x in the Media industry in China. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥19.82, the stock trades at a trailing P/E ratio of 70.6x. Average trailing P/E is 45x in the Media industry in China. Total loss to shareholders of 5.1% over the past three years. Reported Earnings • Apr 14
Full year 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.15 in FY 2021) Full year 2022 results: EPS: CN¥0.28 (up from CN¥0.15 in FY 2021). Revenue: CN¥1.98b (down 9.4% from FY 2021). Net income: CN¥310.2m (up 87% from FY 2021). Profit margin: 16% (up from 7.6% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥15.46, the stock trades at a trailing P/E ratio of 75.9x. Average trailing P/E is 31x in the Media industry in China. Total loss to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥13.05, the stock trades at a trailing P/E ratio of 64x. Average trailing P/E is 32x in the Media industry in China. Total loss to shareholders of 30% over the past three years. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: CN¥0.029 (vs CN¥0.057 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.029 (down from CN¥0.057 in 3Q 2021). Revenue: CN¥421.6m (down 12% from 3Q 2021). Net income: CN¥29.9m (down 53% from 3Q 2021). Profit margin: 7.1% (down from 13% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.033 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.033 in 2Q 2021). Revenue: CN¥395.6m (down 13% from 2Q 2021). Net income: CN¥122.3m (up 235% from 2Q 2021). Profit margin: 31% (up from 8.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Announcement • May 18
Beijing Yovole Cloud Computing Technology Co., Ltd. signed a contract to acquire Beijing Shuoge Technology Co., Ltd. from People.cn CO., LTD (SHSE:603000) for CNY 350 million. Beijing Yovole Cloud Computing Technology Co., Ltd. signed a contract to acquire Beijing Shuoge Technology Co., Ltd. from People.cn CO., LTD (SHSE:603000) for CNY 350 million on May 13, 2022. As per the terms of the deal, the deposit of CNY 105 million paid by Beijing Yovole Cloud Computing Technology Co., Ltd. as required will be deducted as part of the transfer price. A one-time payment method shall be adopted, and the remaining transfer price other than the deposit shall be remitted to the settlement account designated by Beijing Equity Exchange within 5 working days from the date of entry into force of the contract. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.01 loss per share (up from CN¥0.02 loss in 1Q 2021). Revenue: CN¥320.1m (down 8.4% from 1Q 2021). Net loss: CN¥13.5m (loss narrowed 33% from 1Q 2021). Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 5 independent directors (7 non-independent directors). Independent Director Li Xiang was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 16
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.15 (down from CN¥0.29 in FY 2020). Revenue: CN¥2.18b (up 3.9% from FY 2020). Net income: CN¥165.9m (down 48% from FY 2020). Profit margin: 7.6% (down from 15% in FY 2020). Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥10.44, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 29x in the Media industry in China. Total loss to shareholders of 62% over the past three years. Reported Earnings • Nov 01
Third quarter 2021 earnings released The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥478.9m (up 4.3% from 3Q 2020). Net income: CN¥63.0m (down 9.4% from 3Q 2020). Profit margin: 13% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 22% per year. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.035 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥456.4m (up 19% from 2Q 2020). Net income: CN¥36.5m (down 27% from 2Q 2020). Profit margin: 8.0% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 20% per year. Reported Earnings • May 04
First quarter 2021 earnings released: CN¥0.02 loss per share (vs CN¥0.02 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥349.5m (up 8.9% from 1Q 2020). Net loss: CN¥20.3m (loss narrowed 15% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.30 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥2.10b (down 2.3% from FY 2019). Net income: CN¥318.3m (down 5.5% from FY 2019). Profit margin: 15% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥19.79, the stock is trading at a trailing P/E ratio of 60.8x, up from the previous P/E ratio of 52.8x. This compares to an average P/E of 28x in the Media industry in China. Total returns to shareholders over the past three years are 89%. Is New 90 Day High Low • Feb 19
New 90-day high: CN¥19.25 The company is up 14% from its price of CN¥16.89 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 9.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥16.50 The company is down 12% from its price of CN¥18.82 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 7.0% 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¥338.8m, up 41% from the prior year. Total revenue was CN¥2.10b over the last 12 months, up 8.6% from the prior year. Is New 90 Day High Low • Oct 27
New 90-day low: CN¥17.99 The company is down 10.0% from its price of CN¥19.97 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥18.47 The company is down 9.0% from its price of CN¥20.25 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 2.0% over the same period. Announcement • Jul 10
People.cn CO., LTD to Report First Half, 2020 Results on Aug 28, 2020 People.cn CO., LTD announced that they will report first half, 2020 results on Aug 28, 2020