Announcement • Jun 30
Ourpalm Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Ourpalm Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Reported Earnings • Apr 28
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: CN¥0.06 loss per share (down from CN¥0.04 profit in FY 2024). Revenue: CN¥706.1m (down 14% from FY 2024). Net loss: CN¥157.0m (down 242% from profit in FY 2024). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 2 years compared to a 16% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Apr 28
Ourpalm Co., Ltd., Annual General Meeting, May 18, 2026 Ourpalm Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: 2F, Building 34, Zone B, No. 8, Dongbeiwang West Road, Haidian District, Beijing China Announcement • Mar 31
Ourpalm Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Ourpalm Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 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 7.5% 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. This is currently the only risk that has been identified for the company. Announcement • Dec 31
Ourpalm Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Ourpalm Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.02 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.02 in 3Q 2024). Revenue: CN¥176.2m (down 3.7% from 3Q 2024). Net income: CN¥28.8m (down 50% from 3Q 2024). Profit margin: 16% (down from 31% in 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 14% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Oct 14
Ourpalm Co., Ltd. Approves Board Elections Ourpalm Co., Ltd. announced at second extraordinary general meeting of 2025 held on 10 October 2025, the shareholders approved election of Li Sifei, Zhang Xiaotao and Su Hongquan as independent directors of the company. Announcement • Sep 30
Ourpalm Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Ourpalm Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Aug 23
Second quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.03 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.03 in 2Q 2024). Revenue: CN¥196.0m (down 7.5% from 2Q 2024). Net income: CN¥19.9m (down 76% from 2Q 2024). Profit margin: 10% (down from 39% in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 11% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Ourpalm Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Ourpalm Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jun 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 8.3% 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 Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin). New Risk • Apr 30
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: 11% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin). Reported Earnings • Apr 29
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.04 (down from CN¥0.07 in FY 2023). Revenue: CN¥818.7m (down 17% from FY 2023). Net income: CN¥110.9m (down 41% from FY 2023). Profit margin: 14% (down from 19% in FY 2023). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 63%. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Apr 29
Ourpalm Co., Ltd., Annual General Meeting, May 23, 2025 Ourpalm Co., Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥4.35, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 30x in the Entertainment industry in China. Total returns to shareholders of 25% over the past three years. Announcement • Mar 31
Ourpalm Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Ourpalm Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Ourpalm Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Ourpalm Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.006 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.006 in 3Q 2023). Revenue: CN¥183.0m (down 26% from 3Q 2023). Net income: CN¥57.1m (up 180% from 3Q 2023). Profit margin: 31% (up from 8.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Ourpalm Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Ourpalm Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.03 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.03 (in line with 2Q 2023). Revenue: CN¥212.0m (flat on 2Q 2023). Net income: CN¥83.1m (up 9.5% from 2Q 2023). Profit margin: 39% (up from 36% in 2Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 29
Ourpalm Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Ourpalm Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Announcement • Apr 28
Ourpalm Co., Ltd., Annual General Meeting, May 16, 2024 Ourpalm Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: 2F, Building 34, Area B, Yard No. 8, Dongbeiwang West Road, Haidian District, Beijing China Agenda: To consider 2023 annual report and its summary; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts; to consider 2023 profit distribution plan; to consider Purchase of liability insurance for directors, supervisors and senior management; to consider 2023 remuneration plan for directors and senior management; to consider 2023 Increasing the allowance standards for independent directors and amendments to the remuneration and performance appraisal management measures for directors, supervisors and senior management; ; to consider Amendments to the Company's articles of association; to consider Repurchase and cancellation of some restricted stocks under the 2022 restricted stock incentive plan; to consider Decrease of the Company's registered capital and share capital; to consider 2023 remuneration plan for supervisors and to consider other matters. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.03 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.02 (down from CN¥0.03 in 1Q 2023). Revenue: CN¥255.7m (up 4.0% from 1Q 2023). Net income: CN¥55.8m (down 30% from 1Q 2023). Profit margin: 22% (down from 32% in 1Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Ourpalm Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Ourpalm Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Dec 29
Ourpalm Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Ourpalm Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Nov 08
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 6.4% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.006 (vs CN¥0.02 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.006 (down from CN¥0.02 in 3Q 2022). Revenue: CN¥246.3m (down 18% from 3Q 2022). Net income: CN¥20.4m (down 65% from 3Q 2022). Profit margin: 8.3% (down from 20% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Board Change • Sep 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Deputy GM, Secretary & Non-Independent Director Jiuyun Ji was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.021 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.03 (up from CN¥0.021 in 2Q 2022). Revenue: CN¥212.5m (down 33% from 2Q 2022). Net income: CN¥75.9m (up 36% from 2Q 2022). Profit margin: 36% (up from 17% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. 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 13% per year, which means it has not declined as severely as earnings. Announcement • Jul 01
Ourpalm Co., Ltd. to Report First Half, 2023 Results on Aug 12, 2023 Ourpalm Co., Ltd. announced that they will report first half, 2023 results on Aug 12, 2023 Major Estimate Revision • May 23
Consensus revenue estimates fall by 26% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥1.36b to CN¥1.01b. EPS estimate fell from CN¥0.116 to CN¥0.091 per share. Net income forecast to grow 76% next year vs 37% growth forecast for Entertainment industry in China. Consensus price target of CN¥2.00 unchanged from last update. Share price fell 2.0% to CN¥5.26 over the past week. Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.46 loss in FY 2021) Full year 2022 results: EPS: CN¥0.04 (up from CN¥0.46 loss in FY 2021). Revenue: CN¥1.21b (down 18% from FY 2021). Net income: CN¥96.2m (up CN¥1.34b from FY 2021). Profit margin: 7.9% (up from net loss in FY 2021). Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Entertainment industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Price Target Changed • Nov 16
Price target decreased to CN¥2.00 Down from CN¥2.25, the current price target is an average from 2 analysts. New target price is 37% below last closing price of CN¥3.15. Stock is down 30% over the past year. The company is forecast to post earnings per share of CN¥0.081 next year compared to a net loss per share of CN¥0.46 last year. Reported Earnings • Oct 25
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: CN¥0.02. Revenue: CN¥298.5m (down 17% from 3Q 2021). Net income: CN¥58.7m (up 1.5% from 3Q 2021). Profit margin: 20% (up from 16% in 3Q 2021). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 7.9%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Entertainment industry in China. Announcement • Oct 12
Ourpalm Co., Ltd. Announces Executive Appointments Ourpalm Co., Ltd. announced that at the Extraordinary General Meeting of 2022 held on 10 October 2022 approved election of Ji Jiuyun and Wei Lai as non-independent directors, election of Liu Shoubao and Lu Chuang as independent directors and election of Shi Min as non-employee supervisor. Reported Earnings • Aug 26
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: CN¥0.021 (down from CN¥0.04 in 2Q 2021). Revenue: CN¥319.1m (down 32% from 2Q 2021). Net income: CN¥55.6m (down 47% from 2Q 2021). Profit margin: 17% (down from 22% in 2Q 2021). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 1.2%, compared to a 22% growth forecast for the Entertainment industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.01 (down from CN¥0.03 in 1Q 2021). Revenue: CN¥329.0m (down 6.9% from 1Q 2021). Net income: CN¥31.7m (down 62% from 1Q 2021). Profit margin: 9.6% (down from 23% in 1Q 2021). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 375%. Over the next year, revenue is forecast to grow 51%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 27
Price target decreased to CN¥4.00 Down from CN¥7.00, the current price target is an average from 2 analysts. New target price is 30% above last closing price of CN¥3.07. Stock is down 35% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.12 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. CFO, Deputy GM & Non-Independent Director Yingchun Huang was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. CFO, Deputy GM & Non-Independent Director Yingchun Huang was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.021 (vs CN¥0.02 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥360.4m (down 18% from 3Q 2020). Net income: CN¥57.8m (up 40% from 3Q 2020). Profit margin: 16% (up from 9.4% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥4.23, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Entertainment industry in China. Total loss to shareholders of 3.0% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.14 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥466.0m (down 9.9% from 2Q 2020). Net income: CN¥104.3m (down 70% from 2Q 2020). Profit margin: 22% (down from 68% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Major Estimate Revision • Aug 18
Consensus revenue estimates fall to CN¥1.87b The consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from CN¥2.30b to CN¥1.87b. EPS estimate fell from CN¥0.30 to CN¥0.19 per share. Net income forecast to grow 39% next year vs 48% growth forecast for Entertainment industry in China. Consensus price target down from CN¥7.00 to CN¥5.10. Share price fell 3.3% to CN¥3.56 over the past week. Price Target Changed • Aug 17
Price target decreased to CN¥5.85 Down from CN¥7.13, the current price target is an average from 2 analysts. New target price is 63% above last closing price of CN¥3.59. Stock is down 57% over the past year. Reported Earnings • Apr 27
Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.13 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.79b (up 11% from FY 2019). Net income: CN¥316.9m (down 13% from FY 2019). Profit margin: 18% (down from 23% in FY 2019). 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 6% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥4.74 The company is down 33% from its price of CN¥7.09 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.35 per share. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥6.02 The company is down 23% from its price of CN¥7.77 on 10 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 Entertainment industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.95 per share. Is New 90 Day High Low • Nov 16
New 90-day low: CN¥6.19 The company is down 27% from its price of CN¥8.44 on 18 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.11 per share. Is New 90 Day High Low • Oct 19
New 90-day low: CN¥6.77 The company is down 21% from its price of CN¥8.62 on 21 July 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.62 per share. Is New 90 Day High Low • Sep 25
New 90-day low: CN¥7.01 The company is down 4.0% from its price of CN¥7.27 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.64 per share. Announcement • Aug 11
Ourpalm Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Ourpalm Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020 
