Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in FY 2024) Full year 2025 results: EPS: CN¥0.10 (down from CN¥0.13 in FY 2024). Revenue: CN¥546.6m (up 2.5% from FY 2024). Net income: CN¥16.1m (down 25% from FY 2024). Profit margin: 3.0% (down from 4.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Mar 30
Shanghai New Centurion Network Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 26
Shanghai New Centurion Network Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 New Risk • Nov 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 691% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.013 (vs CN¥0.04 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.013 (down from CN¥0.04 in 3Q 2024). Revenue: CN¥134.1m (up 6.0% from 3Q 2024). Net income: CN¥2.86m (down 55% from 3Q 2024). Profit margin: 2.1% (down from 5.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shanghai New Centurion Network Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Sep 12
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 8.9% 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 (8.9% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). New Risk • Sep 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Declared Dividend • Aug 11
Dividend of CN¥0.015 announced Shareholders will receive a dividend of CN¥0.015. Ex-date: 13th August 2025 Payment date: 13th August 2025 Dividend yield will be 0.05%, which is lower than the industry average of 0.8%. Payout Ratios Payout ratio: 14%. Cash payout ratio: 25%. New Risk • Jun 30
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 8.4% 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: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin). Announcement • Jun 30
Shanghai New Centurion Network Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Jun 03
Shanghai New Centurion Network Information Technology Co., Ltd., Annual General Meeting, Jun 24, 2025 Shanghai New Centurion Network Information Technology Co., Ltd., Annual General Meeting, Jun 24, 2025, at 14:30 China Standard Time. Location: 6F, No. 2088, Zhongshan North Road, Putuo District, Shanghai China New Risk • May 06
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 47% 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 (11% average weekly change). Earnings have declined by 21% per year over the past 5 years. High level of non-cash earnings (47% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (4.0% net profit margin). New Risk • Apr 27
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: 3.4% Last year net profit margin: 8.8% 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: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 25% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (3.4% net profit margin). Announcement • Mar 28
Shanghai New Centurion Network Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥23.07, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 67x in the IT industry in China. Total returns to shareholders of 20% over the past three years. New Risk • Jan 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 9.9% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change). Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥17.78, the stock trades at a trailing P/E ratio of 55.9x. Average trailing P/E is 62x in the IT industry in China. Total returns to shareholders of 28% over the past three years. Announcement • Dec 27
Shanghai New Centurion Network Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥22.55, the stock trades at a trailing P/E ratio of 70.8x. Average trailing P/E is 77x in the IT industry in China. Total returns to shareholders of 70% over the past three years. New Risk • Nov 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥19.64, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 73x in the IT industry in China. Total returns to shareholders of 42% over the past three years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.045 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.04 (down from CN¥0.045 in 3Q 2023). Revenue: CN¥126.5m (down 19% from 3Q 2023). Net income: CN¥6.38m (down 20% from 3Q 2023). Profit margin: 5.0% (in line with 3Q 2023). 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 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥17.98, the stock trades at a trailing P/E ratio of 54.9x. Average trailing P/E is 62x in the IT industry in China. Total returns to shareholders of 31% over the past three years. Announcement • Sep 30
Shanghai New Centurion Network Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥17.10, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 50x in the IT industry in China. Total returns to shareholders of 21% over the past three years. New Risk • Sep 02
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 7.0% 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 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: CN¥0.053 (vs CN¥0.081 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.053 (down from CN¥0.081 in 2Q 2023). Revenue: CN¥127.9m (down 22% from 2Q 2023). Net income: CN¥9.17m (down 28% from 2Q 2023). Profit margin: 7.2% (down from 7.7% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to CN¥13.71, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 39x in the IT industry in China. Total loss to shareholders of 31% over the past three years. Buy Or Sell Opportunity • Aug 15
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 38% to CN¥13.71. The fair value is estimated to be CN¥17.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 28%. Buy Or Sell Opportunity • Jul 19
Now 21% overvalued Over the last 90 days, the stock has fallen 4.6% to CN¥19.23. The fair value is estimated to be CN¥15.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 28%. Announcement • Jun 29
Shanghai New Centurion Network Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 26, 2024 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 26, 2024 Buy Or Sell Opportunity • Jun 07
Now 24% overvalued Over the last 90 days, the stock has fallen 18% to CN¥19.78. The fair value is estimated to be CN¥16.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 28%. Announcement • Jun 02
Shanghai New Centurion Network Information Technology Co., Ltd., Annual General Meeting, Jun 21, 2024 Shanghai New Centurion Network Information Technology Co., Ltd., Annual General Meeting, Jun 21, 2024, at 14:30 China Standard Time. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.11 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.08 (down from CN¥0.11 in 1Q 2023). Revenue: CN¥133.3m (flat on 1Q 2023). Net income: CN¥9.31m (down 26% from 1Q 2023). Profit margin: 7.0% (down from 9.5% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥18.66, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 47x in the IT industry in China. Total loss to shareholders of 23% over the past three years. Announcement • Mar 29
Shanghai New Centurion Network Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 New Risk • Feb 20
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 8.8% 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 16% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Announcement • Feb 20
Shanghai New Centurion Network Information Technology Co., Ltd. (SHSE:605398) announces an Equity Buyback for CNY 100 million worth of its shares. Shanghai New Centurion Network Information Technology Co., Ltd. (SHSE:605398) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 34.58 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for 12 months. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥20.13, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 45x in the IT industry in China. Total loss to shareholders of 13% over the past three years. Buy Or Sell Opportunity • Feb 08
Now 28% overvalued Over the last 90 days, the stock has fallen 49% to CN¥16.64. The fair value is estimated to be CN¥12.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has declined by 38%. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥21.54, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 45x in the IT industry in China. Total loss to shareholders of 18% over the past three years. Announcement • Dec 30
Shanghai New Centurion Network Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥29.28, the stock trades at a trailing P/E ratio of 57.2x. Average trailing P/E is 57x in the IT industry in China. Total returns to shareholders of 74% over the past year. New Risk • Aug 26
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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 15% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥31.02, the stock trades at a trailing P/E ratio of 61x. Average trailing P/E is 61x in the IT industry in China. Total returns to shareholders of 72% over the past year. New Risk • Jul 13
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining 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 Risk Earnings have declined by 15% 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 (7.1% average weekly change). Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to CN¥26.91, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 56x in the IT industry in China. Total returns to shareholders of 6.8% over the past year. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥40.40, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 62x in the IT industry in China. Total returns to shareholders of 74% over the past year. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥31.40, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 61x in the IT industry in China. Total returns to shareholders of 53% over the past year. Reported Earnings • Apr 13
Full year 2022 earnings released: EPS: CN¥0.68 (vs CN¥0.85 in FY 2021) Full year 2022 results: EPS: CN¥0.68 (down from CN¥0.85 in FY 2021). Revenue: CN¥613.2m (up 3.7% from FY 2021). Net income: CN¥57.0m (down 18% from FY 2021). Profit margin: 9.3% (down from 12% in FY 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥37.64, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 58x in the IT industry in China. Total returns to shareholders of 24% over the past year. Board Change • Nov 16
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. 6 non-independent directors. Independent Director Junhao Chu was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥30.24, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 47x in the IT industry in China. Total returns to shareholders of 11% over the past year. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.065 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.065 in 3Q 2021). Revenue: CN¥150.8m (up 5.6% from 3Q 2021). Net income: CN¥10.5m (up 88% from 3Q 2021). Profit margin: 6.9% (up from 3.9% in 3Q 2021). Reported Earnings • Aug 28
Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.27 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.27 in 2Q 2021). Revenue: CN¥153.7m (up 7.4% from 2Q 2021). Net income: CN¥12.3m (down 44% from 2Q 2021). Profit margin: 8.0% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. 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. 5 experienced directors. No highly experienced directors. No independent directors (5 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 • Apr 13
Full year 2021 earnings released: EPS: CN¥1.19 (vs CN¥2.43 in FY 2020) Full year 2021 results: EPS: CN¥1.19 (down from CN¥2.43 in FY 2020). Revenue: CN¥591.4m (up 5.4% from FY 2020). Net income: CN¥69.3m (down 36% from FY 2020). Profit margin: 12% (down from 19% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥36.35, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 44x in the IT industry in China. Total loss to shareholders of 15% over the past year. Buying Opportunity • Mar 04
Now 20% undervalued Over the last 90 days, the stock is up 9.9%. The fair value is estimated to be CN¥53.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% per annum over the last 3 years. Earnings per share has declined by 5.3% per annum over the last 3 years. Buying Opportunity • Feb 17
Now 21% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be CN¥54.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% per annum over the last 3 years. Earnings per share has declined by 5.3% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥49.40, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 53x in the IT industry in China. Total loss to shareholders of 24% over the past year. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.091 (vs CN¥0.63 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥142.8m (down 11% from 3Q 2020). Net income: CN¥5.59m (down 80% from 3Q 2020). Profit margin: 3.9% (down from 18% in 3Q 2020). Reported Earnings • Apr 13
Full year 2020 earnings released: EPS CN¥2.43 (vs CN¥2.37 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥561.0m (up 1.2% from FY 2019). Net income: CN¥108.5m (up 2.7% from FY 2019). Profit margin: 19% (in line with FY 2019). Reported Earnings • Mar 27
Full year 2020 earnings released: EPS CN¥2.43 (vs CN¥2.37 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥561.0m (up 1.2% from FY 2019). Net income: CN¥108.5m (up 2.7% from FY 2019). Profit margin: 19% (in line with FY 2019). Announcement • Feb 17
Shanghai New Centurion Network Information Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 09, 2021 Shanghai New Centurion Network Information Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 09, 2021 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorated over the past week After last week's 25% share price decline to CN¥48.45, the stock is trading at a trailing P/E ratio of 20.5x, down from the previous P/E ratio of 27.1x. This compares to an average P/E of 50x in the IT industry in China.