Announcement • Jun 30
INESA Intelligent Tech Inc. to Report First Half, 2026 Results on Aug 26, 2026 INESA Intelligent Tech Inc. announced that they will report first half, 2026 results on Aug 26, 2026 Announcement • May 28
INESA Intelligent Tech Inc., Annual General Meeting, Jun 23, 2026 INESA Intelligent Tech Inc., Annual General Meeting, Jun 23, 2026, at 14:00 China Standard Time. Location: 3F, Building D3, No. 39, Hongcao Road, Xuhui District, Shanghai China Buy Or Sell Opportunity • May 27
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.7% to CN¥19.06. The fair value is estimated to be CN¥24.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 3.2%. Board Change • May 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Chairman of the Board Shanquan Liu was the last director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 30
INESA Intelligent Tech Inc. to Report Q1, 2026 Results on Apr 25, 2026 INESA Intelligent Tech Inc. announced that they will report Q1, 2026 results on Apr 25, 2026 Reported Earnings • Mar 30
Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.15 in FY 2024) Full year 2025 results: EPS: CN¥0.14 (down from CN¥0.15 in FY 2024). Revenue: CN¥6.35b (up 13% from FY 2024). Net income: CN¥193.7m (down 4.3% from FY 2024). Profit margin: 3.1% (down from 3.6% in FY 2024). The decrease in margin was driven by higher expenses. 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 23% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 12
New major risk - Revenue and earnings growth Earnings have declined by 7.5% 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 7.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). New Risk • Mar 09
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 7.9% 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 26
INESA Intelligent Tech Inc. to Report Fiscal Year 2025 Results on Mar 28, 2026 INESA Intelligent Tech Inc. announced that they will report fiscal year 2025 results on Mar 28, 2026 Reported Earnings • Oct 19
Third quarter 2025 earnings released: EPS: CN¥0.037 (vs CN¥0.033 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.037 (up from CN¥0.033 in 3Q 2024). Revenue: CN¥1.47b (up 29% from 3Q 2024). Net income: CN¥50.2m (up 11% from 3Q 2024). Profit margin: 3.4% (down from 4.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 47% per year, which means it is well ahead of earnings. Announcement • Sep 30
INESA Intelligent Tech Inc. to Report Q3, 2025 Results on Oct 25, 2025 INESA Intelligent Tech Inc. announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 24
Second quarter 2025 earnings released: EPS: CN¥0.038 (vs CN¥0.039 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.038 (down from CN¥0.039 in 2Q 2024). Revenue: CN¥1.72b (up 18% from 2Q 2024). Net income: CN¥52.9m (flat on 2Q 2024). Profit margin: 3.1% (down from 3.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. Announcement • Jun 30
INESA Intelligent Tech Inc. to Report First Half, 2025 Results on Aug 23, 2025 INESA Intelligent Tech Inc. announced that they will report first half, 2025 results on Aug 23, 2025 Announcement • May 29
INESA Intelligent Tech Inc., Annual General Meeting, Jun 20, 2025 INESA Intelligent Tech Inc., Annual General Meeting, Jun 20, 2025, at 13:30 China Standard Time. Location: 3F, Building D3, No. 39, Hongcao Road, Xuhui District, Shanghai China Reported Earnings • Apr 26
First quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.044 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.044 in 1Q 2024). Revenue: CN¥1.41b (down 1.0% from 1Q 2024). Net income: CN¥42.1m (down 30% from 1Q 2024). Profit margin: 3.0% (down from 4.2% in 1Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. New Risk • Apr 09
New major risk - Revenue and earnings growth Earnings have declined by 5.3% 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 (12% average weekly change). Earnings have declined by 5.3% per year over the past 5 years. Announcement • Mar 28
INESA Intelligent Tech Inc. to Report Q1, 2025 Results on Apr 26, 2025 INESA Intelligent Tech Inc. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 27
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.15 (up from CN¥0.14 in FY 2023). Revenue: CN¥5.62b (up 6.8% from FY 2023). Net income: CN¥202.4m (up 4.9% from FY 2023). Profit margin: 3.6% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. New Risk • Feb 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Feb 14
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to CN¥19.20. The fair value is estimated to be CN¥15.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 59% in the next 2 years. Buy Or Sell Opportunity • Jan 08
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to CN¥12.88. The fair value is estimated to be CN¥16.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 59% in the next 2 years. New Risk • Jan 06
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 10% 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 27
INESA Intelligent Tech Inc. to Report Fiscal Year 2024 Results on Mar 27, 2025 INESA Intelligent Tech Inc. announced that they will report fiscal year 2024 results on Mar 27, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.033 (vs CN¥0.046 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.033 (down from CN¥0.046 in 3Q 2023). Revenue: CN¥1.12b (down 7.1% from 3Q 2023). Net income: CN¥44.9m (down 29% from 3Q 2023). Profit margin: 4.0% (down from 5.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Announcement • Sep 30
INESA Intelligent Tech Inc. to Report Q3, 2024 Results on Oct 26, 2024 INESA Intelligent Tech Inc. announced that they will report Q3, 2024 results on Oct 26, 2024 New Risk • Sep 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.038 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.039 (up from CN¥0.038 in 2Q 2023). Revenue: CN¥1.46b (up 5.4% from 2Q 2023). Net income: CN¥53.0m (up 3.6% from 2Q 2023). Profit margin: 3.6% (down from 3.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Jun 28
INESA Intelligent Tech Inc. to Report First Half, 2024 Results on Aug 24, 2024 INESA Intelligent Tech Inc. announced that they will report first half, 2024 results on Aug 24, 2024 Price Target Changed • May 18
Price target increased by 15% to CN¥16.52 Up from CN¥14.38, the current price target is provided by 1 analyst. New target price is 36% above last closing price of CN¥12.16. Stock is up 29% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.14 last year. Announcement • Apr 29
INESA Intelligent Tech Inc., Annual General Meeting, May 22, 2024 INESA Intelligent Tech Inc., Annual General Meeting, May 22, 2024, at 13:30 China Standard Time. Location: 3F, Building D3, No. 39, Hongcao Road, Xuhui District, Shanghai China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.044 (vs CN¥0.03 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.044 (up from CN¥0.03 in 1Q 2023). Revenue: CN¥1.43b (up 29% from 1Q 2023). Net income: CN¥60.0m (up 44% from 1Q 2023). Profit margin: 4.2% (up from 3.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT 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 32% per year, which means it is well ahead of earnings. Reported Earnings • Mar 30
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.14 (up from CN¥0.13 in FY 2022). Revenue: CN¥5.26b (up 16% from FY 2022). Net income: CN¥192.9m (up 6.7% from FY 2022). Profit margin: 3.7% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 6.0%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Announcement • Mar 29
INESA Intelligent Tech Inc. to Report Q1, 2024 Results on Apr 27, 2024 INESA Intelligent Tech Inc. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Feb 09
Shanghai Instrument Electronics (Group) Co., Ltd agreed to acquire Shanghai Guangdian Communication Technology Co., Ltd. from INESA Intelligent Tech Inc. (SHSE:600602). Shanghai Instrument Electronics (Group) Co., Ltd agreed to acquire Shanghai Guangdian Communication Technology Co., Ltd. from INESA Intelligent Tech Inc. (SHSE:600602) on February 8, 2024. Shanghai Guangdian Communication Technology Co., Ltd. reported Total revenues of CNY 253.7 million, Total assets of CNY 322.4 million, Net Income of CNY 7.2 million and Total Common equity of CNY 211.7 million in December 31, 2023. Transaction has already been approved by INESA Intelligent Tech's Board of director's and INESA Intelligent Tech Inc has also obtained the approval of the relevant state-owned assets management department for this equity transfer but is still subject to INESA Intelligent Tech's shareholders. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥9.49, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 21x in the IT industry in China. Total returns to shareholders of 95% over the past three years. New Risk • Jan 31
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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Announcement • Dec 29
INESA Intelligent Tech Inc. to Report Fiscal Year 2023 Results on Mar 28, 2024 INESA Intelligent Tech Inc. announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.038 (vs CN¥0.011 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.038 (up from CN¥0.011 in 2Q 2022). Revenue: CN¥1.39b (up 87% from 2Q 2022). Net income: CN¥51.1m (up 223% from 2Q 2022). Profit margin: 3.7% (up from 2.1% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. New Risk • Jun 29
New major 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 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin). Announcement • Jun 28
INESA Intelligent Tech Inc. to Report First Half, 2023 Results on Aug 26, 2023 INESA Intelligent Tech Inc. announced that they will report first half, 2023 results on Aug 26, 2023 Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥9.74, the stock trades at a trailing P/E ratio of 73.7x. Average trailing P/E is 57x in the IT industry in China. Total returns to shareholders of 39% over the past three years. Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.19 in FY 2021) Full year 2022 results: EPS: CN¥0.13 (down from CN¥0.19 in FY 2021). Revenue: CN¥4.53b (down 9.2% from FY 2021). Net income: CN¥180.8m (down 30% from FY 2021). Profit margin: 4.0% (down from 5.1% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥11.03, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 53x in the IT industry in China. Total returns to shareholders of 37% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥9.16, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 47x in the IT industry in China. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥7.54, the stock trades at a trailing P/E ratio of 43.2x. Average trailing P/E is 46x in the IT industry in China. Total loss to shareholders of 4.1% over the past three years. Board Change • Nov 16
Less than half of directors are independent 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. 1 independent director (3 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.046 (vs CN¥0.042 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.046 (up from CN¥0.042 in 3Q 2021). Revenue: CN¥1.21b (flat on 3Q 2021). Net income: CN¥63.0m (up 8.5% from 3Q 2021). Profit margin: 5.2% (up from 4.8% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.011 (vs CN¥0.054 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.011 (down from CN¥0.054 in 2Q 2021). Revenue: CN¥742.9m (down 35% from 2Q 2021). Net income: CN¥15.8m (down 79% from 2Q 2021). Profit margin: 2.1% (down from 6.6% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Apr 27
Tianjin Jinya Electronics Co., Ltd. completed the acquisition of Shanghai Guanglian Electronics Co., Ltd. from INESA Intelligent Tech Inc. (SHSE:600602) for CNY 27.2 million. Tianjin Jinya Electronics Co., Ltd. agreed to acquire Shanghai Guanglian Electronics Co., Ltd. from INESA Intelligent Tech Inc. (SHSE:600602) for CNY 27.2 million on October 27, 2021. The deal is subject to approval from INESA Intelligent Tech Inc. (SHSE:600602) board. As of October 27, 2021 INESA Intelligent Tech Inc. (SHSE:600602) board approved the deal.
Tianjin Jinya Electronics Co., Ltd. completed the acquisition of Shanghai Guanglian Electronics Co., Ltd. from INESA Intelligent Tech Inc. (SHSE:600602) for CNY 27.2 million on January 5, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: CN¥0.19 (vs CN¥0.18 in FY 2020) Full year 2021 results: EPS: CN¥0.19 (up from CN¥0.18 in FY 2020). Revenue: CN¥4.99b (up 8.8% from FY 2020). Net income: CN¥256.7m (up 3.0% from FY 2020). Profit margin: 5.1% (down from 5.4% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥9.37, the stock trades at a trailing P/E ratio of 48.7x. Average trailing P/E is 47x in the IT industry in China. Total returns to shareholders of 6.2% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥7.83, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 48x in the IT industry in China. Total returns to shareholders of 30% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.042 (vs CN¥0.047 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.21b (up 8.0% from 3Q 2020). Net income: CN¥58.0m (down 11% from 3Q 2020). Profit margin: 4.8% (down from 5.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 2% per year. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥6.79, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 42x in the IT industry in China. Total returns to shareholders of 18% over the past three years. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.054 (vs CN¥0.049 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥1.15b (up 15% from 2Q 2020). Net income: CN¥75.9m (up 12% from 2Q 2020). Profit margin: 6.6% (down from 6.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.027 (vs CN¥0.017 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.18b (up 24% from 1Q 2020). Net income: CN¥36.2m (up 58% from 1Q 2020). Profit margin: 3.1% (up from 2.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year. Reported Earnings • Mar 29
Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.18 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥4.59b (down 6.1% from FY 2019). Net income: CN¥248.7m (up 2.8% from FY 2019). Profit margin: 5.4% (up from 4.9% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year. Announcement • Mar 05
INESA Intelligent Tech Inc. to Report Fiscal Year 2020 Results on Mar 27, 2021 INESA Intelligent Tech Inc. announced that they will report fiscal year 2020 results on Mar 27, 2021 Is New 90 Day High Low • Feb 04
New 90-day low: CN¥4.96 The company is down 18% from its price of CN¥6.07 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 27% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥5.24 The company is down 21% from its price of CN¥6.64 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also down 21% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥5.89 The company is down 16% from its price of CN¥7.04 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 18% over the same period. Reported Earnings • Oct 26
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥212.4m, down 23% from the prior year. Total revenue was CN¥4.52b over the last 12 months, down 5.7% from the prior year. Is New 90 Day High Low • Oct 19
New 90-day low: CN¥6.52 The company is down 15% from its price of CN¥7.64 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 IT industry, which is down 4.0% over the same period. Announcement • Oct 19
INESA Intelligent Tech Inc. to Report Q3, 2020 Results on Oct 24, 2020 INESA Intelligent Tech Inc. announced that they will report Q3, 2020 results on Oct 24, 2020 Is New 90 Day High Low • Sep 29
New 90-day low: CN¥6.56 The company is down 10.0% from its price of CN¥7.25 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 IT industry, which is down 3.0% over the same period. Announcement • Jul 09
INESA Intelligent Tech Inc. to Report First Half, 2020 Results on Aug 22, 2020 INESA Intelligent Tech Inc. announced that they will report first half, 2020 results on Aug 22, 2020