Reported Earnings • Apr 28
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: CN¥0.73 loss per share (down from CN¥0.46 profit in FY 2024). Revenue: CN¥153.9m (down 53% from FY 2024). Net loss: CN¥53.5m (down 262% from profit in FY 2024). Revenue missed analyst estimates by 71%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Announcement • Apr 28
Beijing LongRuan Technologies Inc., Annual General Meeting, May 21, 2026 Beijing LongRuan Technologies Inc., Annual General Meeting, May 21, 2026, at 10:00 China Standard Time. Location: No. 8, Caihefang Road, Haidian District, Beijing China Announcement • Mar 30
Beijing LongRuan Technologies Inc. to Report Q1, 2026 Results on Apr 28, 2026 Beijing LongRuan Technologies Inc. announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 02
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: CN¥0.75 loss per share (down from CN¥0.46 profit in FY 2024). Revenue: CN¥156.6m (down 52% from FY 2024). Net loss: CN¥54.9m (down 266% from profit in FY 2024). Revenue missed analyst estimates by 71%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. New Risk • Feb 14
New major risk - Revenue and earnings growth Earnings have declined by 9.5% 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 9.5% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. Announcement • Dec 26
Beijing LongRuan Technologies Inc. to Report Fiscal Year 2025 Results on Apr 28, 2026 Beijing LongRuan Technologies Inc. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.23 loss per share (vs CN¥0.19 profit in 3Q 2024) Third quarter 2025 results: CN¥0.23 loss per share (down from CN¥0.19 profit in 3Q 2024). Revenue: CN¥36.1m (down 51% from 3Q 2024). Net loss: CN¥17.6m (down 230% from profit in 3Q 2024). Revenue is forecast to grow 61% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Beijing LongRuan Technologies Inc. to Report Q3, 2025 Results on Oct 28, 2025 Beijing LongRuan Technologies Inc. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 02
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 408% Dividend yield: 0.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings 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. However, this risk is mitigated by the fact the dividend is covered by cash flows. 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: Minor Risks Dividend is not well covered by earnings (408% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Reported Earnings • Aug 20
Second quarter 2025 earnings released: CN¥0.067 loss per share (vs CN¥0.32 profit in 2Q 2024) Second quarter 2025 results: CN¥0.067 loss per share (down from CN¥0.32 profit in 2Q 2024). Revenue: CN¥49.1m (down 48% from 2Q 2024). Net loss: CN¥4.17m (down 118% from profit in 2Q 2024). Revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Aug 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 80% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Announcement • Jun 30
Beijing LongRuan Technologies Inc. to Report First Half, 2025 Results on Aug 19, 2025 Beijing LongRuan Technologies Inc. announced that they will report first half, 2025 results on Aug 19, 2025 Reported Earnings • Apr 19
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.46 (down from CN¥1.18 in FY 2023). Revenue: CN¥328.6m (down 17% from FY 2023). Net income: CN¥33.0m (down 61% from FY 2023). Profit margin: 10% (down from 21% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 27%. Earnings per share (EPS) also missed analyst estimates by 67%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software 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 fallen by 12% per year, which means it is performing significantly worse than earnings. Announcement • Apr 18
Beijing LongRuan Technologies Inc., Annual General Meeting, May 16, 2025 Beijing LongRuan Technologies Inc., Annual General Meeting, May 16, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥26.87, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 44x in the Software industry in China. Total loss to shareholders of 43% over the past three years. Announcement • Mar 28
Beijing LongRuan Technologies Inc. to Report Q1, 2025 Results on Apr 22, 2025 Beijing LongRuan Technologies Inc. announced that they will report Q1, 2025 results on Apr 22, 2025 New Risk • Mar 11
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: 8.7% Last year net profit margin: 21% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Profit margins are more than 30% lower than last year (8.7% net profit margin). New Risk • Feb 11
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. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Share price has been volatile over the past 3 months (10% average weekly change). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to CN¥34.78, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 50x in the Software industry in China. Total loss to shareholders of 26% over the past three years. Announcement • Dec 27
Beijing LongRuan Technologies Inc. to Report Fiscal Year 2024 Results on Apr 22, 2025 Beijing LongRuan Technologies Inc. announced that they will report fiscal year 2024 results on Apr 22, 2025 Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥31.85, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 49x in the Software industry in China. Total loss to shareholders of 52% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.36 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.19 (down from CN¥0.36 in 3Q 2023). Revenue: CN¥74.2m (down 34% from 3Q 2023). Net income: CN¥13.5m (down 47% from 3Q 2023). Profit margin: 18% (down from 23% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥26.31, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 37x in the Software industry in China. Total loss to shareholders of 58% over the past three years. Announcement • Sep 30
Beijing LongRuan Technologies Inc. to Report Q3, 2024 Results on Oct 29, 2024 Beijing LongRuan Technologies Inc. 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 15% After last week's 15% share price gain to CN¥24.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥10.16 per share. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.35 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.32 (down from CN¥0.35 in 2Q 2023). Revenue: CN¥94.0m (up 9.5% from 2Q 2023). Net income: CN¥23.3m (down 7.5% from 2Q 2023). Profit margin: 25% (down from 29% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Jun 28
Beijing LongRuan Technologies Inc. to Report First Half, 2024 Results on Aug 16, 2024 Beijing LongRuan Technologies Inc. announced that they will report first half, 2024 results on Aug 16, 2024 New Risk • Jun 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.18 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.18 in 1Q 2023). Revenue: CN¥46.4m (down 13% from 1Q 2023). Net income: CN¥12.2m (down 5.7% from 1Q 2023). Profit margin: 26% (up from 24% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥22.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 6.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.12 per share. Major Estimate Revision • Apr 03
Consensus revenue estimates fall by 27% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥621.0m to CN¥453.5m. EPS estimate fell from CN¥2.09 to CN¥1.65 per share. Net income forecast to grow 41% next year vs 76% growth forecast for Software industry in China. Consensus price target down from CN¥55.53 to CN¥45.86. Share price was steady at CN¥27.50 over the past week. Announcement • Mar 29
Beijing LongRuan Technologies Inc. to Report Q1, 2024 Results on Apr 26, 2024 Beijing LongRuan Technologies Inc. announced that they will report Q1, 2024 results on Apr 26, 2024 Price Target Changed • Mar 29
Price target decreased by 11% to CN¥49.20 Down from CN¥55.53, the current price target is an average from 3 analysts. New target price is 79% above last closing price of CN¥27.47. Stock is down 39% over the past year. The company is forecast to post earnings per share of CN¥1.75 for next year compared to CN¥1.18 last year. Announcement • Mar 28
Beijing LongRuan Technologies Inc., Annual General Meeting, Apr 23, 2024 Beijing LongRuan Technologies Inc., Annual General Meeting, Apr 23, 2024, at 10:00 China Standard Time. Location: Tianchuang Technology Building, No. 8, Caihefang Road, Haidian District, Beijing China Reported Earnings • Mar 28
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥1.18 (up from CN¥1.13 in FY 2022). Revenue: CN¥396.1m (up 8.6% from FY 2022). Net income: CN¥84.3m (up 5.3% from FY 2022). Profit margin: 21% (in line with FY 2022). Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 28
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥1.23 (up from CN¥1.13 in FY 2022). Revenue: CN¥386.9m (up 6.0% from FY 2022). Net income: CN¥88.1m (up 10% from FY 2022). Profit margin: 23% (in line with FY 2022). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. 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 7.0% 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 High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥25.43, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥10.78 per share. Announcement • Dec 29
Beijing LongRuan Technologies Inc. to Report Fiscal Year 2023 Results on Mar 28, 2024 Beijing LongRuan Technologies Inc. announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.37 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.36 (down from CN¥0.37 in 3Q 2022). Revenue: CN¥112.7m (down 9.7% from 3Q 2022). Net income: CN¥25.6m (flat on 3Q 2022). Profit margin: 23% (up from 21% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Aug 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% 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 Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.27 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.27 in 2Q 2022). Revenue: CN¥85.8m (up 19% from 2Q 2022). Net income: CN¥25.2m (up 30% from 2Q 2022). Profit margin: 29% (up from 27% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Beijing LongRuan Technologies Inc. to Report First Half, 2023 Results on Aug 16, 2023 Beijing LongRuan Technologies Inc. announced that they will report first half, 2023 results on Aug 16, 2023 Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥49.77, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 42x in the Software industry in China. Total returns to shareholders of 20% over the past three years. Price Target Changed • Mar 30
Price target increased by 16% to CN¥58.00 Up from CN¥50.00, the current price target is provided by 1 analyst. New target price is 26% above last closing price of CN¥46.09. Stock is up 8.9% over the past year. The company is forecast to post earnings per share of CN¥1.67 for next year compared to CN¥1.13 last year. Reported Earnings • Mar 29
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥1.13 (up from CN¥0.89 in FY 2021). Revenue: CN¥364.9m (up 25% from FY 2021). Net income: CN¥80.0m (up 27% from FY 2021). Profit margin: 22% (in line with FY 2021). Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: CN¥1.13 (vs CN¥0.89 in FY 2021) Full year 2022 results: EPS: CN¥1.13 (up from CN¥0.89 in FY 2021). Revenue: CN¥364.6m (up 25% from FY 2021). Net income: CN¥80.9m (up 28% from FY 2021). Profit margin: 22% (in line with FY 2021). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. 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. 7 experienced directors. No highly experienced directors. 2 independent directors (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. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥42.41, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 30x in the Software industry in China. Total loss to shareholders of 21% over the past year. Reported Earnings • Oct 27
Third quarter 2022 earnings released Third quarter 2022 results: EPS: CN¥0.32. Net income: CN¥22.4m (up CN¥22.4m from 3Q 2021). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥35.14, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 43% over the past year. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.04 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.27 (up from CN¥0.04 in 2Q 2021). Revenue: CN¥72.5m (up 190% from 2Q 2021). Net income: CN¥19.4m (up CN¥16.5m from 2Q 2021). Profit margin: 27% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 61%, compared to a 31% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥50.30, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 9.0% over the past year. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥59.20, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 26x in the Software industry in China. Total returns to shareholders of 58% over the past year. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥47.65, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 21x in the Software industry in China. Total returns to shareholders of 118% over the past year. Board Change • Apr 27
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. No highly experienced 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: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥40.83, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 25x in the Software industry in China. Total returns to shareholders of 67% over the past year. Reported Earnings • Apr 01
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.88 (up from CN¥0.72 in FY 2020). Revenue: CN¥290.0m (up 47% from FY 2020). Net income: CN¥62.3m (up 23% from FY 2020). Profit margin: 22% (down from 26% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 19%. Over the next year, revenue is forecast to grow 53%, compared to a 30% growth forecast for the industry in China. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.88 (up from CN¥0.72 in FY 2020). Revenue: CN¥290.0m (up 47% from FY 2020). Net income: CN¥62.3m (up 23% from FY 2020). Profit margin: 22% (down from 26% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 46%, compared to a 33% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥53.76, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 27x in the Software industry in China. Total returns to shareholders of 61% over the past year. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.06 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥72.3m (up 88% from 3Q 2020). Net income: CN¥15.4m (up 271% from 3Q 2020). Profit margin: 21% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.29 (vs CN¥0.28 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¥73.4m (up 29% from 2Q 2020). Net income: CN¥19.9m (up 1.4% from 2Q 2020). Profit margin: 27% (down from 34% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥44.70, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 36x in the Software industry in China. Total returns to shareholders of 8.7% over the past year. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improved over the past week After last week's 43% share price gain to CN¥49.06, the stock trades at a trailing P/E ratio of 68x. Average trailing P/E is 53x in the Software industry in China. Total returns to shareholders of 24% over the past year. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improved over the past week After last week's 27% share price gain to CN¥28.10, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 47x in the Software industry in China. Total loss to shareholders of 24% over the past year. Reported Earnings • May 04
First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.03 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¥25.0m (down 4.0% from 1Q 2020). Net income: CN¥2.92m (up 41% from 1Q 2020). Profit margin: 12% (up from 7.9% in 1Q 2020). The increase in margin was driven by lower expenses. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS CN¥0.72 (vs CN¥0.89 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥197.6m (up 28% from FY 2019). Net income: CN¥50.7m (up 7.8% from FY 2019). Profit margin: 26% (down from 31% in FY 2019). The decrease in margin was driven by higher expenses. Announcement • Mar 05
Beijing LongRuan Technologies Inc. to Report Fiscal Year 2020 Results on Mar 26, 2021 Beijing LongRuan Technologies Inc. announced that they will report fiscal year 2020 results on Mar 26, 2021 Reported Earnings • Feb 10
Full year 2020 earnings released: EPS CN¥0.71 (vs CN¥0.89 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥198.1m (up 28% from FY 2019). Net income: CN¥50.3m (up 6.9% from FY 2019). Profit margin: 25% (down from 31% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥22.86 The company is down 39% from its price of CN¥37.61 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥27.56 The company is down 27% from its price of CN¥37.97 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 3.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day low: CN¥33.14 The company is down 14% from its price of CN¥38.48 on 09 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period. Is New 90 Day High Low • Oct 28
New 90-day low: CN¥36.75 The company is down 9.0% from its price of CN¥40.37 on 30 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 11% over the same period. Announcement • Jul 08
Beijing LongRuan Technologies Inc. to Report First Half, 2020 Results on Aug 18, 2020 Beijing LongRuan Technologies Inc. announced that they will report first half, 2020 results on Aug 18, 2020