Announcement • Jun 30
Hylink Digital Solutions Co.,Ltd to Report First Half, 2026 Results on Aug 25, 2026 Hylink Digital Solutions Co.,Ltd announced that they will report first half, 2026 results on Aug 25, 2026 Reported Earnings • Apr 24
Full year 2025 earnings released: CN¥2.58 loss per share (vs CN¥2.16 loss in FY 2024) Full year 2025 results: CN¥2.58 loss per share (further deteriorated from CN¥2.16 loss in FY 2024). Revenue: CN¥1.39b (down 32% from FY 2024). Net loss: CN¥653.1m (loss widened 20% from FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Apr 23
Hylink Digital Solutions Co.,Ltd, Annual General Meeting, May 15, 2026 Hylink Digital Solutions Co.,Ltd, Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: Building 13, No. 1177, Huanhu Road, Tianding Subdistrict, Yuelu District, Changsha, Hunan China Announcement • Mar 30
Hylink Digital Solutions Co.,Ltd to Report Q1, 2026 Results on Apr 30, 2026 Hylink Digital Solutions Co.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Hylink Digital Solutions Co.,Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026 Hylink Digital Solutions Co.,Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026 Board Change • Dec 12
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. 1 highly experienced director. Supervisor Xueli Fan is the most experienced director on the board, commencing their role in 2011. 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 31
Third quarter 2025 earnings released: CN¥0.23 loss per share (vs CN¥0.47 loss in 3Q 2024) Third quarter 2025 results: CN¥0.23 loss per share (improved from CN¥0.47 loss in 3Q 2024). Revenue: CN¥350.8m (down 9.5% from 3Q 2024). Net loss: CN¥58.4m (loss narrowed 52% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 14% per year. Announcement • Sep 30
Hylink Digital Solutions Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Hylink Digital Solutions Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 27
Second quarter 2025 earnings released: CN¥0.60 loss per share (vs CN¥0.22 loss in 2Q 2024) Second quarter 2025 results: CN¥0.60 loss per share (further deteriorated from CN¥0.22 loss in 2Q 2024). Revenue: CN¥440.1m (down 44% from 2Q 2024). Net loss: CN¥153.2m (loss widened 179% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Jun 30
Hylink Digital Solutions Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025 Hylink Digital Solutions Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025 New Risk • May 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥555m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥555m free cash flow). Earnings have declined by 58% per year over the past 5 years. Announcement • Apr 29
Hylink Digital Solutions Co.,Ltd, Annual General Meeting, May 20, 2025 Hylink Digital Solutions Co.,Ltd, Annual General Meeting, May 20, 2025, at 10:00 China Standard Time. Announcement • Mar 28
Hylink Digital Solutions Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 Hylink Digital Solutions Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Jan 28
Hunan Chasing Asset Management Co.,Ltd. completed the acquisition of 4.90% stake in Hylink Digital Solutions Co.,Ltd (SHSE:603825) from Su Tong Hunan Chasing Asset Management Co.,Ltd. signed a letter of intent to acquire 4.90% stake in Hylink Digital Solutions Co.,Ltd (SHSE:603825) from Su Tong for approximately CNY 160 million on January 9, 2025. A cash consideration will be paid by Hunan Chasing Asset Management Co.,Ltd. As part of the deal, a total of 12.41 million shares were acquired by Hunan Chasing Asset Management Co.,Ltd.
Hunan Chasing Asset Management Co.,Ltd. completed the acquisition of 4.90% stake in Hylink Digital Solutions Co.,Ltd (SHSE:603825) from Su Tong on January 27, 2025. Announcement • Dec 27
Hylink Digital Solutions Co.,Ltd to Report Fiscal Year 2024 Results on Apr 30, 2025 Hylink Digital Solutions Co.,Ltd announced that they will report fiscal year 2024 results on Apr 30, 2025 New Risk • Dec 04
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 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 63% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.47 loss per share (vs CN¥0.28 loss in 3Q 2023) Third quarter 2024 results: CN¥0.47 loss per share (further deteriorated from CN¥0.28 loss in 3Q 2023). Revenue: CN¥387.8m (down 71% from 3Q 2023). Net loss: CN¥122.3m (loss widened 70% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Hylink Digital Solutions Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Hylink Digital Solutions Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.22 loss per share (vs CN¥0.29 loss in 2Q 2023) Second quarter 2024 results: CN¥0.22 loss per share. Revenue: CN¥785.2m (down 29% from 2Q 2023). Net loss: CN¥54.9m (loss widened 6.8% from 2Q 2023). New Risk • Jul 22
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 Chinese stocks, typically moving 9.2% 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 (9.2% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risk High level of debt (45% net debt to equity). Announcement • Jun 28
Hylink Digital Solutions Co.,Ltd to Report First Half, 2024 Results on Aug 31, 2024 Hylink Digital Solutions Co.,Ltd announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • May 01
Hylink Digital Solutions Co.,Ltd, Annual General Meeting, May 20, 2024 Hylink Digital Solutions Co.,Ltd, Annual General Meeting, May 20, 2024, at 10:00 China Standard Time. Location: 15F, Block 1, Guanghua Chang'an Building, Jianguomennei, Dongcheng District, Beijing China Reported Earnings • Apr 30
Full year 2023 earnings released: CN¥2.72 loss per share (vs CN¥2.55 loss in FY 2022) Full year 2023 results: CN¥2.72 loss per share (further deteriorated from CN¥2.55 loss in FY 2022). Revenue: CN¥5.50b (down 35% from FY 2022). Net loss: CN¥688.9m (loss widened 6.5% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Hylink Digital Solutions Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Hylink Digital Solutions Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 29
Hylink Digital Solutions Co.,Ltd to Report Fiscal Year 2023 Results on Apr 30, 2024 Hylink Digital Solutions Co.,Ltd announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.28 loss per share (vs CN¥0.03 profit in 3Q 2022) Third quarter 2023 results: CN¥0.28 loss per share (down from CN¥0.03 profit in 3Q 2022). Revenue: CN¥1.35b (down 19% from 3Q 2022). Net loss: CN¥71.9m (down CN¥79.4m from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.29 loss per share (vs CN¥0.14 profit in 2Q 2022) Second quarter 2023 results: CN¥0.29 loss per share (down from CN¥0.14 profit in 2Q 2022). Revenue: CN¥1.11b (down 32% from 2Q 2022). Net loss: CN¥51.5m (down 242% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.08 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.01 (down from CN¥0.08 in 1Q 2022). Revenue: CN¥1.93b (down 28% from 1Q 2022). Net income: CN¥3.27m (down 83% from 1Q 2022). Profit margin: 0.2% (down from 0.7% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Fanzhi Huang was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥16.49, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 32x in the Media industry in China. Total returns to shareholders of 7.5% over the past three years. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.24 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.24 in 3Q 2021). Revenue: CN¥1.67b (down 48% from 3Q 2021). Net income: CN¥7.53m (down 86% from 3Q 2021). Profit margin: 0.5% (down from 1.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has remained flat. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.24 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.24 in 2Q 2021). Revenue: CN¥1.62b (down 48% from 2Q 2021). Net income: CN¥36.4m (down 44% from 2Q 2021). Profit margin: 2.2% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 10% per year. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥19.72, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Media industry in China. Total returns to shareholders of 71% over the past three years. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.08 (vs CN¥0.08 in 1Q 2021). Revenue: CN¥2.68b (up 12% from 1Q 2021). Net income: CN¥19.3m (up 29% from 1Q 2021). Profit margin: 0.7% (up from 0.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 37%. Earnings per share (EPS) also surpassed analyst estimates by 8.9%. Over the next year, revenue is expected to shrink by 17% compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥24.33, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Media industry in China. Total returns to shareholders of 92% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 23% share price decline to CN¥22.06, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Media industry in China. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥19.81, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 30x in the Media industry in China. Total returns to shareholders of 35% over the past three years. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.22 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.11b (up 18% from 2Q 2020). Net income: CN¥64.6m (up 22% from 2Q 2020). Profit margin: 2.1% (up from 2.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥17.71, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 21x in the Media industry in China. Total loss to shareholders of 35% over the past year. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.06 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥2.40b (up 12% from 1Q 2020). Net income: CN¥15.0m (up 18% from 1Q 2020). Profit margin: 0.6% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥17.18, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 29x in the Media industry in China. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥16.13, the stock is trading at a trailing P/E ratio of 16.3x, up from the previous P/E ratio of 13.4x. This compares to an average P/E of 28x in the Media industry in China. Total return to shareholders over the past three years is a loss of 27%. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥14.93 The company is down 52% from its price of CN¥30.83 on 27 October 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 down 11% over the same period. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥16.23, the stock is trading at a trailing P/E ratio of 16.4x, down from the previous P/E ratio of 20.6x. This compares to an average P/E of 29x in the Media industry in China. Total return to shareholders over the past three years is a loss of 18%. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥18.10 The company is down 35% from its price of CN¥27.82 on 30 September 2020. The Chinese market is up 11% 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. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥19.77, the stock is trading at a trailing P/E ratio of 19.9x, down from the previous P/E ratio of 24.7x. This compares to an average P/E of 31x in the Media industry in China. Total return to shareholders over the past three years is a loss of 6.1%. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥24.44 The company is down 13% from its price of CN¥28.15 on 11 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 Media industry, which is down 2.0% over the same period. Announcement • Nov 20
Hylink Digital Solution Co., Ltd. (SHSE:603825) and Guangzhou Wuxiu Enterprise Management Partnership Enterprise (Limited Partnership) signed an share purchase agreement to acquire 36.4% stake in Beijing Xinhuafu Cultural Communication Co., Ltd. from Wang Jin and Zheng Wei. Hylink Digital Solution Co., Ltd. (SHSE:603825) and Guangzhou Wuxiu Enterprise Management Partnership Enterprise (Limited Partnership) signed an share purchase agreement to acquire 36.4% stake in Beijing Xinhuafu Cultural Communication Co., Ltd. from Wang Jin and Zheng Wei on November 17, 2020. Guangzhou Wuxiu Enterprise Management Partnership Enterprise (Limited Partnership) and Hylink Digital Solution Co., Ltd. will also increase stake in Beijing Xinhuafu Cultural Communication Co., Ltd. through capital increase of CNY 10 million and CNY 2.2 million respectively. After the acquisition and capital increase, Hylink Digital Solution Co., Ltd. and Guangzhou Wuxiu Enterprise Management Partnership Enterprise (Limited Partnership) will hold 40% stake each, Wang Jin holds stake 5.17% stake, Zheng Wei holds 1.5% stake, Ningbo Xinhuafu Enterprise Management Consulting Partnership Enterprise (Limited Partnership) holds 13.33% stake in Beijing Xinhuafu Cultural Communication Co., Ltd. As of October 30, 2020, Beijing Xinhuafu Cultural Communication Co., Ltd. recorded total assets of CNY 3.89 million, total liabilities of CNY 2.85 million, net assets of CNY 1.03 million, net loss of CNY 1.38 million. As of December 31, 2019, Beijing Xinhuafu Cultural Communication Co., Ltd. recorded total assets of CNY 3.66 million, total liabilities of CNY 1.25 million, net assets of CNY 2.41 million, net loss of CNY 1.88 million. The transaction has been approved by board of directors of Hylink Digital Solution Co., Ltd. Is New 90 Day High Low • Nov 13
New 90-day low: CN¥26.67 The company is down 6.0% from its price of CN¥28.26 on 14 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 5.0% over the same period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.21 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: CN¥2.08b (down 15% from 3Q 2019). Net income: CN¥50.6m (up 70% from 3Q 2019). Profit margin: 2.4% (up from 1.2% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Oct 29
Hylink Digital Solution Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Hylink Digital Solution Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Announcement • Jul 09
Hylink Digital Solution Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Hylink Digital Solution Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020