Announcement • Jun 30
Shenzhen Zqgame Co., Ltd to Report First Half, 2026 Results on Aug 28, 2026 Shenzhen Zqgame Co., Ltd announced that they will report first half, 2026 results on Aug 28, 2026 Announcement • Jun 27
Shenzhen Zqgame Co., Ltd Approves Directorate Elections Shenzhen Zqgame Co. Ltd. held its 1st Extraordinary General Meeting of 2026 on June 25, 2026, during which the following proposals were approved: election of non-independent directors, cumulative voting system applicable: Zhang Yunxia, non-independent director; Chang Zhihan, non-independent director; election of independent directors, cumulative voting system applicable: Cui Lei, independent director. Announcement • Apr 29
Shenzhen Zqgame Co., Ltd, Annual General Meeting, May 20, 2026 Shenzhen Zqgame Co., Ltd, Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: 23F, Building 10A, Shenzhen Bay Eco-technology Park, Nanshan District, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen Zqgame Co., Ltd to Report Q1, 2026 Results on Apr 27, 2026 Shenzhen Zqgame Co., Ltd announced that they will report Q1, 2026 results on Apr 27, 2026 Announcement • Dec 31
Shenzhen Zqgame Co., Ltd to Report Fiscal Year 2025 Results on Apr 27, 2026 Shenzhen Zqgame Co., Ltd announced that they will report fiscal year 2025 results on Apr 27, 2026 Announcement • Sep 30
Shenzhen Zqgame Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025 Shenzhen Zqgame Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Shenzhen Zqgame Co., Ltd to Report First Half, 2025 Results on Aug 27, 2025 Shenzhen Zqgame Co., Ltd announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Apr 25
Shenzhen Zqgame Co., Ltd, Annual General Meeting, May 16, 2025 Shenzhen Zqgame Co., Ltd, Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: 23F, Building 10A, Shenzhen Bay Eco-technology Park, Nanshan District, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen Zqgame Co., Ltd to Report Q1, 2025 Results on Apr 22, 2025 Shenzhen Zqgame Co., Ltd announced that they will report Q1, 2025 results on Apr 22, 2025 Announcement • Dec 31
Shenzhen Zqgame Co., Ltd to Report Fiscal Year 2024 Results on Apr 22, 2025 Shenzhen Zqgame Co., Ltd announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.033 loss in 3Q 2023) Third quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.033 loss in 3Q 2023). Revenue: CN¥55.5m (down 18% from 3Q 2023). Net loss: CN¥11.4m (loss widened 70% from 3Q 2023). Revenue is forecast to grow 11% p.a. on average 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 fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. New Risk • Sep 30
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 Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥47m net loss in 2 years). Announcement • Sep 30
Shenzhen Zqgame Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024 Shenzhen Zqgame Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.059 loss per share (vs CN¥0.01 profit in 2Q 2023) Second quarter 2024 results: CN¥0.059 loss per share (down from CN¥0.01 profit in 2Q 2023). Revenue: CN¥46.3m (down 28% from 2Q 2023). Net loss: CN¥14.0m (down 440% from profit in 2Q 2023). Revenue is forecast to grow 9.2% p.a. on average 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 6% per year whereas the company’s share price has increased by 9% per year. New Risk • Aug 10
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 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥23m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥48m net loss in 2 years). Share price has been volatile over the past 3 months (7.1% average weekly change). Announcement • Jun 29
Shenzhen Zqgame Co., Ltd to Report First Half, 2024 Results on Aug 29, 2024 Shenzhen Zqgame Co., Ltd announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 29
Shenzhen Zqgame Co., Ltd, Annual General Meeting, May 20, 2024 Shenzhen Zqgame Co., Ltd, Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: 23F, Building 10A, Phase 3, Shenzhen Bay Eco-technology Park, Nanshan District, Shenzhen, Guangdong China Reported Earnings • Apr 27
First quarter 2024 earnings released: CN¥0.042 loss per share (vs CN¥0.01 profit in 1Q 2023) First quarter 2024 results: CN¥0.042 loss per share (down from CN¥0.01 profit in 1Q 2023). Revenue: CN¥74.9m (up 18% from 1Q 2023). Net loss: CN¥11.0m (down CN¥12.7m from profit in 1Q 2023). Revenue is forecast to grow 13% 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 25% per year whereas the company’s share price has increased by 23% per year. Announcement • Mar 30
Shenzhen Zqgame Co., Ltd to Report Q1, 2024 Results on Apr 26, 2024 Shenzhen Zqgame Co., Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Jan 31
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 8.1% 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. This is currently the only risk that has been identified for the company. Announcement • Dec 30
Shenzhen Zqgame Co., Ltd to Report Fiscal Year 2023 Results on Apr 22, 2024 Shenzhen Zqgame Co., Ltd announced that they will report fiscal year 2023 results on Apr 22, 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 6.5% 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. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.033 loss per share (vs CN¥0.037 loss in 3Q 2022) Third quarter 2023 results: CN¥0.033 loss per share. Revenue: CN¥68.0m (up 4.9% from 3Q 2022). Net loss: CN¥6.69m (loss widened 46% from 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Entertainment industry in China. Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.02 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.01 (down from CN¥0.02 in 2Q 2022). Revenue: CN¥64.8m (down 29% from 2Q 2022). Net income: CN¥4.12m (down 44% from 2Q 2022). Profit margin: 6.4% (down from 8.0% in 2Q 2022). Revenue is forecast to grow 12% 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 increased by 1% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 28
Shenzhen Zqgame Co., Ltd Announces Election of Gu Ning as Independent Director Shenzhen Zqgame Co. Ltd. announced at the EGM held on June 26, 2023, approved election of Gu Ning as independent director. Board Change • Jun 01
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. 7 experienced directors. 1 highly experienced director. General Manager & Director Yilun Li was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.02 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.01 (down from CN¥0.02 in 1Q 2022). Revenue: CN¥63.3m (down 9.0% from 1Q 2022). Net income: CN¥1.69m (down 61% from 1Q 2022). Profit margin: 2.7% (down from 6.2% in 1Q 2022). Revenue is forecast to grow 24% 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 fallen by 23% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Reported Earnings • Oct 29
Third quarter 2022 earnings released: CN¥0.037 loss per share (vs CN¥0.009 profit in 3Q 2021) Third quarter 2022 results: CN¥0.037 loss per share (down from CN¥0.009 profit in 3Q 2021). Revenue: CN¥64.8m (down 31% from 3Q 2021). Net loss: CN¥4.58m (down 327% from profit in 3Q 2021). Revenue is forecast to grow 11% 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, 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. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.012 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.02 (up from CN¥0.012 in 2Q 2021). Revenue: CN¥91.1m (up 8.0% from 2Q 2021). Net income: CN¥7.29m (up 80% from 2Q 2021). Profit margin: 8.0% (up from 4.8% in 2Q 2021). Over the next year, revenue is forecast to grow 9.6%, compared to a 29% 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 101 percentage points per year, which is a significant difference in performance. Board Change • Jul 31
High number of new directors Non-Independent Director Yilun Li was the last director to join the board, commencing their role in 2020. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.03 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.02 (down from CN¥0.03 in 1Q 2021). Revenue: CN¥69.6m (down 13% from 1Q 2021). Net income: CN¥4.34m (down 42% from 1Q 2021). Profit margin: 6.2% (down from 9.4% in 1Q 2021). Over the next year, revenue is forecast to grow 8.8%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Yilun Li was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.009 (vs CN¥0.03 loss 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¥93.2m (down 17% from 3Q 2020). Net income: CN¥2.02m (up CN¥9.25m from 3Q 2020). Profit margin: 2.2% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.012 (vs CN¥0.011 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥84.3m (down 73% from 2Q 2020). Net income: CN¥4.05m (up 7.3% from 2Q 2020). Profit margin: 4.8% (up from 1.2% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.02 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CN¥79.9m (down 72% from 1Q 2020). Net income: CN¥7.50m (up 47% from 1Q 2020). Profit margin: 9.4% (up from 1.8% in 1Q 2020). 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. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥8.09 The company is down 30% from its price of CN¥11.50 on 29 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 7.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥8.35 The company is down 31% from its price of CN¥12.05 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. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥9.80 The company is down 21% from its price of CN¥12.41 on 18 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 18% over the same period. Is New 90 Day High Low • Nov 27
New 90-day low: CN¥10.47 The company is down 24% from its price of CN¥13.69 on 28 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 23% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥11.50 The company is down 13% from its price of CN¥13.24 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 15% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥15.3m, with earnings decreasing by CN¥87.0m from the prior year. Total revenue was CN¥929.0m over the last 12 months, up 143% from the prior year. Is New 90 Day High Low • Sep 29
New 90-day low: CN¥11.62 The company is down 7.0% from its price of CN¥12.51 on 01 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 4.0% over the same period. 
