New Risk • Apr 21
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -CN¥576m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Less than 1 year of cash runway based on current free cash flow (-CN¥576m). Announcement • Apr 10
UCloud Technology Co., Ltd., Annual General Meeting, May 08, 2026 UCloud Technology Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: 1F, Building 11, No. 619, Longchang Road, Yangpu District, Shanghai China Announcement • Mar 30
UCloud Technology Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026 UCloud Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Announcement • Mar 21
UCloud Technology Co., Ltd. announced that it expects to receive CNY 1.5 billion in funding UCloud Technology Co., Ltd. announced a private placement to issue 45,000,000 A-shares at an issue price of not be lower than 80% of the average trading price of the company's shares in the 20 trading days prior to the pricing benchmark date for gross proceeds of CNY 1,500,000,000 on March 20, 2026. The transaction will include participation from no more than 35 (inclusive) specific investors who meet the conditions stipulated by the China Securities Regulatory Commission (CSRC), including fund management companies, securities companies, trust companies, finance companies, asset management companies, insurance institutional investors, qualified foreign institutional investors (QFIIs), other domestic legal person investors, natural persons, or other qualified investors. If a fund management company, securities company, QFII, or CNY QFII subscribes with two or more products under its management, it will be considered as one subscriber. The transaction has been approved by the 11th meeting of the third board of directors of the company. According to the relevant laws and regulations, this issuance plan still needs to be reviewed and approved by the company's shareholders' meeting, and approved by the Shanghai Stock Exchange and registered by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") before it can be implemented. The shares subscribed by the subscribers in this offering shall not be transferred within six months from the date of completion of the offering, unless otherwise stipulated or required by laws, regulations, or normative documents. Shares derived from the shares acquired by the subscribers in this offering due to stock dividends, capitalization of capital reserves, or other similar events shall also be subject to the above share lock-up arrangement from the date of completion of this offering until the expiration of the lock-up period. Reported Earnings • Mar 01
Full year 2025 earnings released: CN¥0.17 loss per share (vs CN¥0.53 loss in FY 2024) Full year 2025 results: CN¥0.17 loss per share (improved from CN¥0.53 loss in FY 2024). Revenue: CN¥1.70b (up 13% from FY 2024). Net loss: CN¥76.7m (loss narrowed 68% from FY 2024). Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 30% per year. New Risk • Jan 26
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 11% 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. New Risk • Dec 26
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 7.6% 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
UCloud Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2026 UCloud Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2026 Announcement • Dec 03
Taiying Kaiyang No. 1 Private Securities Investment Fund managed by Shanghai Taiying Private Equity Fund Management Co., Ltd. completed the acquisition of 5.13% stake in UCloud Technology Co., Ltd. (SHSE:688158) from Mo Xianfeng and Hua Kun. Taiying Kaiyang No. 1 Private Securities Investment Fund managed by Shanghai Taiying Private Equity Fund Management Co., Ltd. signed Share Transfer Agreement to acquire 5.13% stake in UCloud Technology Co., Ltd. (SHSE:688158) from Mo Xianfeng and Hua Kun for approximately CNY 460 million on September 12, 2025. A cash consideration valued at CNY 19.74 per share will be paid by Taiying Kaiyang No. 1 Private Securities Investment Fund and Shanghai Taiying Private Equity Fund Management Co., Ltd. for 23,428,536 shares.
Taiying Kaiyang No. 1 Private Securities Investment Fund managed by Shanghai Taiying Private Equity Fund Management Co., Ltd. completed the acquisition of 5.13% stake in UCloud Technology Co., Ltd. (SHSE:688158) from Mo Xianfeng and Hua Kun on December 1, 2025. Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.007 loss per share (vs CN¥0.12 loss in 3Q 2024) Third quarter 2025 results: CN¥0.007 loss per share (improved from CN¥0.12 loss in 3Q 2024). Revenue: CN¥436.1m (up 20% from 3Q 2024). Net loss: CN¥3.78m (loss narrowed 93% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Oct 23
UCloud Technology Co., Ltd. (SHSE:688158) announces an Equity Buyback for CNY 10 million worth of its shares. UCloud Technology Co., Ltd. (SHSE:688158) announces an share repurchase program. Under the program, the company will repurchases up to CNY 10 million worth of its shares. The shares will be repurchases at a price of CNY 40.33 per share. The funds for this share repurchase come from the company's own funds. The purpose of the program is for equity incentives or employee stock ownership plans. The repurchase method is through the Shanghai Stock Exchange trading system through centralized bidding transactions. The program is valid till 6 months from the date the company's shareholders' meeting approves this repurchase plan. Announcement • Sep 30
UCloud Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 UCloud Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Aug 19
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -CN¥564m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-CN¥564m). Share price has been volatile over the past 3 months (7.4% average weekly change). Reported Earnings • Aug 19
Second quarter 2025 earnings released: CN¥0.08 loss per share (vs CN¥0.10 loss in 2Q 2024) Second quarter 2025 results: CN¥0.08 loss per share (improved from CN¥0.10 loss in 2Q 2024). Revenue: CN¥415.3m (up 8.7% from 2Q 2024). Net loss: CN¥34.9m (loss narrowed 25% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Jun 30
UCloud Technology Co., Ltd. to Report First Half, 2025 Results on Aug 16, 2025 UCloud Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 16, 2025 Reported Earnings • Apr 23
First quarter 2025 earnings released: CN¥0.10 loss per share (vs CN¥0.14 loss in 1Q 2024) First quarter 2025 results: CN¥0.10 loss per share (improved from CN¥0.14 loss in 1Q 2024). Revenue: CN¥375.7m (up 8.0% from 1Q 2024). Net loss: CN¥44.7m (loss narrowed 28% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Apr 20
UCloud Technology Co., Ltd., Annual General Meeting, May 16, 2025 UCloud Technology Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: 7F, Tower B, Building 10, No. 619, Longchang Road, Yangpu District, Shanghai China Announcement • Mar 28
UCloud Technology Co., Ltd. to Report Q1, 2025 Results on Apr 19, 2025 UCloud Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 19, 2025 Reported Earnings • Mar 03
Full year 2024 earnings released: CN¥0.52 loss per share (vs CN¥0.76 loss in FY 2023) Full year 2024 results: CN¥0.52 loss per share (improved from CN¥0.76 loss in FY 2023). Revenue: CN¥1.51b (flat on FY 2023). Net loss: CN¥237.4m (loss narrowed 31% from FY 2023). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Dec 27
UCloud Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 UCloud Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: CN¥0.12 loss per share (vs CN¥0.21 loss in 3Q 2023) Third quarter 2024 results: CN¥0.12 loss per share (improved from CN¥0.21 loss in 3Q 2023). Revenue: CN¥364.1m (up 1.2% from 3Q 2023). Net loss: CN¥56.8m (loss narrowed 41% from 3Q 2023). Revenue is forecast to grow 2.2% 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 increased by 38% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. New Risk • Sep 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 7.8% 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 13% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Announcement • Sep 30
UCloud Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 UCloud Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.21 loss in 2Q 2023) Second quarter 2024 results: CN¥0.10 loss per share (improved from CN¥0.21 loss in 2Q 2023). Revenue: CN¥382.0m (up 2.8% from 2Q 2023). Net loss: CN¥46.6m (loss narrowed 50% from 2Q 2023). Revenue is forecast to grow 1.9% 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 increased by 33% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • Jun 29
UCloud Technology Co., Ltd. to Report First Half, 2024 Results on Aug 17, 2024 UCloud Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 17, 2024 Announcement • Apr 29
UCloud Technology Co., Ltd., Annual General Meeting, May 24, 2024 UCloud Technology Co., Ltd., Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: 1F, Building 11, No. 619, Longchang Road, Yangpu District, Shanghai China Reported Earnings • Apr 28
First quarter 2024 earnings released: CN¥0.14 loss per share (vs CN¥0.21 loss in 1Q 2023) First quarter 2024 results: CN¥0.14 loss per share (improved from CN¥0.21 loss in 1Q 2023). Revenue: CN¥348.0m (down 5.3% from 1Q 2023). Net loss: CN¥61.9m (loss narrowed 35% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Announcement • Mar 29
UCloud Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 UCloud Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 New Risk • Mar 28
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 9.8% 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 27% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). Reported Earnings • Feb 24
Full year 2023 earnings released: CN¥0.72 loss per share (vs CN¥0.92 loss in FY 2022) Full year 2023 results: CN¥0.72 loss per share (improved from CN¥0.92 loss in FY 2022). Revenue: CN¥1.52b (down 23% from FY 2022). Net loss: CN¥324.3m (loss narrowed 22% from FY 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Announcement • Dec 28
UCloud Technology Co., Ltd. Announces Executive Resignations UCloud Technology Co., Ltd. announced that its co-founder and Chief Technology Officer, Mo Xianfeng, has resigned from his position due to personal reasons. After resigning, he will no longer hold any positions within the company, and his resignation report will take effect from the date it is delivered to the board of directors. Mo Xianfeng was born in 1978 and graduated from Harbin University of Science and Technology in 2000 with a major in Mechanical and Electronic Engineering. He co-founded UCloud Technology in 2012 and served as the Chief Technology Officer and Deputy General Manager from March 2012 to July 2018. From May 2014 to July 2018, he also served as a director of the company. It is worth mentioning that in April of last year, another co-founder of UCloud Technology, Hua Kun, also resigned from his position as Chief Operating Officer due to personal reasons. In September 2023, he further resigned from the company's board of directors and ceased to hold any positions within the company and its subsidiaries. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.20 loss in 3Q 2022) Third quarter 2023 results: CN¥0.21 loss per share (further deteriorated from CN¥0.20 loss in 3Q 2022). Revenue: CN¥359.9m (down 19% from 3Q 2022). Net loss: CN¥95.6m (loss widened 6.1% from 3Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 19
Second quarter 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.25 loss in 2Q 2022) Second quarter 2023 results: CN¥0.21 loss per share (improved from CN¥0.25 loss in 2Q 2022). Revenue: CN¥371.8m (down 28% from 2Q 2022). Net loss: CN¥93.4m (loss narrowed 21% from 2Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 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 12% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 27
Full year 2022 earnings released: CN¥0.92 loss per share (vs CN¥1.50 loss in FY 2021) Full year 2022 results: CN¥0.92 loss per share (improved from CN¥1.50 loss in FY 2021). Revenue: CN¥1.97b (down 32% from FY 2021). Net loss: CN¥414.6m (loss narrowed 35% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 02
Full year 2022 earnings released: CN¥0.92 loss per share (vs CN¥1.50 loss in FY 2021) Full year 2022 results: CN¥0.92 loss per share (improved from CN¥1.50 loss in FY 2021). Revenue: CN¥1.97b (down 32% from FY 2021). Net loss: CN¥414.6m (loss narrowed 35% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as 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. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). CFO, Secretary & Director Shuifa Gui was the last director to join the board, commencing their role in 2018. 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 30
Third quarter 2022 earnings released: CN¥0.20 loss per share (vs CN¥0.44 loss in 3Q 2021) Third quarter 2022 results: CN¥0.20 loss per share (improved from CN¥0.44 loss in 3Q 2021). Revenue: CN¥443.4m (down 47% from 3Q 2021). Net loss: CN¥90.1m (loss narrowed 52% from 3Q 2021). Reported Earnings • Aug 14
Second quarter 2022 earnings released: CN¥0.25 loss per share (vs CN¥0.43 loss in 2Q 2021) Second quarter 2022 results: CN¥0.25 loss per share (up from CN¥0.43 loss in 2Q 2021). Revenue: CN¥517.8m (down 35% from 2Q 2021). Net loss: CN¥118.5m (loss narrowed 34% from 2Q 2021). Reported Earnings • Apr 27
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: CN¥0.33 loss per share (down from CN¥0.31 loss in 1Q 2021). Revenue: CN¥528.0m (down 26% from 1Q 2021). Net loss: CN¥141.4m (loss widened 7.5% from 1Q 2021). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 73%. Reported Earnings • Feb 28
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: CN¥1.42 loss per share (down from CN¥0.82 loss in FY 2020). Revenue: CN¥2.91b (up 19% from FY 2020). Net loss: CN¥600.0m (loss widened 75% from FY 2020). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 73%. Reported Earnings • Nov 01
Third quarter 2021 earnings released: CN¥0.44 loss per share (vs CN¥0.24 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥836.8m (up 15% from 3Q 2020). Net loss: CN¥188.1m (loss widened 84% from 3Q 2020). Price Target Changed • Aug 27
Price target decreased to CN¥70.46 Down from CN¥76.76, the current price target is an average from 2 analysts. New target price is 93% above last closing price of CN¥36.45. Stock is down 41% over the past year. Reported Earnings • Aug 10
Second quarter 2021 earnings released: CN¥0.43 loss per share (vs CN¥0.13 loss in 2Q 2020) The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥795.0m (up 59% from 2Q 2020). Net loss: CN¥180.4m (loss widened 251% from 2Q 2020). Major Estimate Revision • May 13
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from CN¥3.51b to CN¥3.72b. Forecast EPS reduced from -CN¥0.06 to -CN¥0.73 per share. IT industry in China expected to see average net income growth of 48% next year. Consensus price target up from CN¥76.76 to CN¥78.73. Share price fell 6.7% to CN¥36.53 over the past week. Reported Earnings • Apr 29
First quarter 2021 earnings released: CN¥0.31 loss per share (vs CN¥0.06 loss in 1Q 2020) The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CN¥710.9m (up 72% from 1Q 2020). Net loss: CN¥131.5m (loss widened 414% from 1Q 2020). Is New 90 Day High Low • Mar 10
New 90-day low: CN¥37.81 The company is down 15% from its price of CN¥44.51 on 10 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.66 per share. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥39.35 The company is down 39% from its price of CN¥64.85 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 IT industry, which is down 25% over the same period. Is New 90 Day High Low • Dec 23
New 90-day low: CN¥40.00 The company is down 36% from its price of CN¥62.20 on 24 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 IT industry, which is down 23% over the same period. Is New 90 Day High Low • Dec 03
New 90-day low: CN¥51.84 The company is down 19% from its price of CN¥63.67 on 04 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 15% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥53.36 The company is down 18% from its price of CN¥65.00 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 6.0% over the same period.