Announcement • Jul 01
Qingmu Tec Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Qingmu Tec Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Declared Dividend • May 27
Dividend of CN¥0.40 announced Shareholders will receive a dividend of CN¥0.40. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (119% cash payout ratio). The dividend has increased by an average of 17% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 35% over the next year, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥61.86, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.57 per share. New Risk • May 21
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 8.2% 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 (119% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change). Reported Earnings • Apr 27
First quarter 2026 earnings released: EPS: CN¥0.46 (vs CN¥0.11 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.46 (up from CN¥0.11 in 1Q 2025). Revenue: CN¥343.3m (up 25% from 1Q 2025). Net income: CN¥42.1m (up 321% from 1Q 2025). Profit margin: 12% (up from 3.6% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Multiline Retail industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 27% per year. Announcement • Apr 27
Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026 Qingmu Tec Co., Ltd., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: No 353, Yijing Road, Haizhu District, Guangzhou, Guangdong China Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥71.06, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.79 per share. Announcement • Mar 31
Qingmu Tec Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Qingmu Tec Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 New Risk • Mar 25
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 10% 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 (10% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥84.26, the stock trades at a trailing P/E ratio of 79.6x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 234% over the past three years. Announcement • Dec 31
Qingmu Tec Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026 Qingmu Tec Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.30 (vs CN¥0.056 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.30 (up from CN¥0.056 in 3Q 2024). Revenue: CN¥352.7m (up 34% from 3Q 2024). Net income: CN¥28.0m (up 440% from 3Q 2024). Profit margin: 7.9% (up from 2.0% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Qingmu Tec Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Qingmu Tec Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 New Risk • Sep 05
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Jul 02
Qingmu Tec Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Qingmu Tec Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥60.35, the stock trades at a trailing P/E ratio of 73.1x. Average trailing P/E is 60x in the Multiline Retail industry in China. Total returns to shareholders of 109% over the past three years. Declared Dividend • Jun 04
Dividend of CN¥0.40 announced Shareholders will receive a dividend of CN¥0.40. Ex-date: 9th June 2025 Payment date: 9th June 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) and 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 23% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 7.7% to bring the payout ratio under control, which is more than the 5.6% EPS growth achieved over the last 5 years. New Risk • May 27
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 10% 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 (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. New Risk • May 17
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 97% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). Reported Earnings • May 03
Third quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.16 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.056 (up from CN¥0.16 loss in 3Q 2023). Revenue: CN¥263.7m (up 32% from 3Q 2023). Net income: CN¥5.18m (up CN¥19.7m from 3Q 2023). Profit margin: 2.0% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Apr 29
Qingmu Tec Co., Ltd., Annual General Meeting, May 19, 2025 Qingmu Tec Co., Ltd., Annual General Meeting, May 19, 2025, at 15:00 China Standard Time. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥37.99, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 45x in the Multiline Retail industry in China. Total returns to shareholders of 20% over the past three years. Announcement • Mar 31
Qingmu Tec Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Qingmu Tec Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Feb 25
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥53.15, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Multiline Retail industry in China. Total returns to shareholders of 155% over the past year. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥66.90, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Multiline Retail industry in China. Total returns to shareholders of 172% over the past year. Announcement • Dec 31
Qingmu Tec Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Qingmu Tec Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥61.54, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 121% over the past year. New Risk • Dec 19
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 14% 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 (14% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥51.20, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 72% over the past year. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥45.88, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Multiline Retail industry in China. Total returns to shareholders of 40% over the past year. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.056 (vs CN¥0.058 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.056 (down from CN¥0.058 in 3Q 2023). Revenue: CN¥263.7m (up 2.9% from 3Q 2023). Net income: CN¥5.18m (down 3.9% from 3Q 2023). Profit margin: 2.0% (down from 2.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in China. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥43.19, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Multiline Retail industry in China. Total returns to shareholders of 32% over the past year. Announcement • Sep 30
Qingmu Tec Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Qingmu Tec Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥30.09, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Multiline Retail industry in China. Total loss to shareholders of 13% over the past year. New Risk • Sep 25
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 99% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. High level of non-cash earnings (22% accrual ratio). Announcement • Sep 20
Qingmu Tec Co., Ltd. Approves Interim Dividend for 2024 Qingmu Tec Co., Ltd. at its Extraordinary General Meeting held on 18 September 2024 approved interim cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.46 (vs CN¥0.33 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.46 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥317.9m (up 31% from 2Q 2023). Net income: CN¥42.9m (up 36% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in China. Announcement • Jun 29
Qingmu Digital Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Qingmu Digital Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Apr 24
Qingmu Digital Technology Co.,Ltd., Annual General Meeting, May 21, 2024 Qingmu Digital Technology Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: 4F, Building 1, Phase 2, No. 189, Dunhe Road, Guangzhou Avenue South, Guangzhou, Guangdong China Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.36 (vs CN¥0.15 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.36 (up from CN¥0.15 in 1Q 2023). Revenue: CN¥226.3m (up 6.3% from 1Q 2023). Net income: CN¥24.2m (up 148% from 1Q 2023). Profit margin: 11% (up from 4.6% in 1Q 2023). New Risk • Apr 24
New major risk - Revenue and earnings growth Earnings have declined by 7.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.0% 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 (12% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin). Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥29.00, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 28x in the Multiline Retail industry in China. Total loss to shareholders of 44% over the past year. Announcement • Mar 30
Qingmu Digital Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Qingmu Digital Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 New Risk • Mar 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by cash flows (168% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin). Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥30.68, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 24x in the Multiline Retail industry in China. Total loss to shareholders of 24% over the past year. Announcement • Feb 10
Qingmu Digital Technology Co.,Ltd. (SZSE:301110) announces an Equity Buyback for CNY 40 million worth of its shares. Qingmu Digital Technology Co.,Ltd. (SZSE:301110) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not more than CNY 40 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months. 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 7.1% 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: Minor Risks Dividend is not well covered by cash flows (168% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥31.16, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 25x in the Multiline Retail industry in China. Total loss to shareholders of 24% over the past year. Announcement • Dec 30
Qingmu Digital Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Qingmu Digital Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.22 loss per share (vs CN¥0.083 profit in 3Q 2022) Third quarter 2023 results: CN¥0.22 loss per share (down from CN¥0.083 profit in 3Q 2022). Revenue: CN¥199.4m (up 7.1% from 3Q 2022). Net loss: CN¥14.5m (down 363% from profit in 3Q 2022). Announcement • Sep 30
Qingmu Digital Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 30, 2023 Qingmu Digital Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.46 (vs CN¥0.24 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.46 (up from CN¥0.24 in 2Q 2022). Revenue: CN¥241.9m (up 13% from 2Q 2022). Net income: CN¥31.5m (up 95% from 2Q 2022). Profit margin: 13% (up from 7.6% in 2Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥56.69, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 31x in the Multiline Retail industry in China. Total returns to shareholders of 6.3% over the past year. Reported Earnings • Apr 16
First quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.32 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.32 in 1Q 2022). Revenue: CN¥212.8m (up 22% from 1Q 2022). Net income: CN¥9.77m (down 39% from 1Q 2022). Profit margin: 4.6% (down from 9.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥52.92, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 34x in the Multiline Retail industry in China. Total returns to shareholders of 15% over the past year. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥47.28, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 23x in the Online Retail industry in Asia. Total loss to shareholders of 23% over the past year. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥45.21, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 23x in the Online Retail industry in Asia. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.083 (vs CN¥0.80 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.083 (down from CN¥0.80 in 3Q 2021). Revenue: CN¥186.2m (down 17% from 3Q 2021). Net income: CN¥5.52m (down 86% from 3Q 2021). Profit margin: 3.0% (down from 18% in 3Q 2021). The decrease in margin was driven by lower revenue. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.78 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.24 (down from CN¥0.78 in 2Q 2021). Revenue: CN¥214.0m (up 1.2% from 2Q 2021). Net income: CN¥16.2m (down 58% from 2Q 2021). Profit margin: 7.6% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Announcement • May 26
Qingmu Digital Technology Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 31 May 2022 Qingmu Digital Technology Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 6.00000000. Record date is 30 May 2022, Ex-date is 31 May 2022 and payment date is 31 May 2022. Announcement • May 19
Qingmu Digital Technology Co.,Ltd. Approves the Final Cash Dividend for the Year 2021 Qingmu Digital Technology Co.,Ltd. approved the final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2021. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥50.42, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 39x in the IT industry in China. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 26
Qingmu Digital Technology Co.,Ltd. Proposes Final Dividend for the Year 2021 Qingmu Digital Technology Co.,Ltd. proposed final cash dividend of CNY 6.00000000 per 10 shares (tax included) for the year 2021.