Announcement • 15h
ZJBC Information Technology Co., Ltd, Annual General Meeting, Jun 12, 2026 ZJBC Information Technology Co., Ltd, Annual General Meeting, Jun 12, 2026, at 14:30 China Standard Time. Location: 8F, Block A, No. 39, Dongsihuan Middle Road, Chaoyang District, Beijing China Reported Earnings • Apr 21
Full year 2025 earnings released: CN¥0.028 loss per share (vs CN¥0.038 loss in FY 2024) Full year 2025 results: CN¥0.028 loss per share (improved from CN¥0.038 loss in FY 2024). Revenue: CN¥1.59b (up 8.9% from FY 2024). Net loss: CN¥26.5m (loss narrowed 25% from FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 10
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 8.5% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥14m free cash flow). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Announcement • Mar 31
ZJBC Information Technology Co., Ltd to Report Q1, 2026 Results on Apr 30, 2026 ZJBC Information Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
ZJBC Information Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 21, 2026 ZJBC Information Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.008 loss per share (vs CN¥0.009 loss in 3Q 2024) Third quarter 2025 results: CN¥0.008 loss per share (improved from CN¥0.009 loss in 3Q 2024). Revenue: CN¥410.2m (up 9.2% from 3Q 2024). Net loss: CN¥7.90m (loss narrowed 8.2% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. New Risk • Oct 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥14m This is considered a major 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. This is currently the only risk that has been identified for the company. Announcement • Sep 30
ZJBC Information Technology Co., Ltd to Report Q3, 2025 Results on Oct 31, 2025 ZJBC Information Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 26
Second quarter 2025 earnings released: CN¥0.017 loss per share (vs CN¥0.009 loss in 2Q 2024) Second quarter 2025 results: CN¥0.017 loss per share (further deteriorated from CN¥0.009 loss in 2Q 2024). Revenue: CN¥403.2m (up 19% from 2Q 2024). Net loss: CN¥15.8m (loss widened 91% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
ZJBC Information Technology Co., Ltd to Report First Half, 2025 Results on Aug 26, 2025 ZJBC Information Technology Co., Ltd announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • Jun 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 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • May 29
ZJBC Information Technology Co., Ltd, Annual General Meeting, Jun 20, 2025 ZJBC Information Technology Co., Ltd, Annual General Meeting, Jun 20, 2025, at 14:30 China Standard Time. Location: 8F, Block A, No. 39, Dongsihuan Middle Road, Chaoyang District, Beijing China Reported Earnings • Apr 15
Full year 2024 earnings released: CN¥0.038 loss per share (vs CN¥0.13 loss in FY 2023) Full year 2024 results: CN¥0.038 loss per share (improved from CN¥0.13 loss in FY 2023). Revenue: CN¥1.46b (up 2.4% from FY 2023). Net loss: CN¥35.4m (loss narrowed 72% from FY 2023). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Mar 31
ZJBC Information Technology Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025 ZJBC Information Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
ZJBC Information Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 15, 2025 ZJBC Information Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 15, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.009 loss per share (vs CN¥0.012 loss in 3Q 2023) Third quarter 2024 results: CN¥0.009 loss per share (improved from CN¥0.012 loss in 3Q 2023). Revenue: CN¥375.8m (up 6.1% from 3Q 2023). Net loss: CN¥8.60m (loss narrowed 22% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Sep 30
ZJBC Information Technology Co., Ltd to Report Q3, 2024 Results on Oct 31, 2024 ZJBC Information Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.009 loss per share (vs CN¥0.008 loss in 2Q 2023) Second quarter 2024 results: CN¥0.009 loss per share (further deteriorated from CN¥0.008 loss in 2Q 2023). Revenue: CN¥338.6m (down 3.3% from 2Q 2023). Net loss: CN¥8.27m (loss widened 8.0% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Jun 29
ZJBC Information Technology Co., Ltd to Report First Half, 2024 Results on Aug 31, 2024 ZJBC Information Technology Co., Ltd announced that they will report first half, 2024 results on Aug 31, 2024 New Risk • Jun 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change). Announcement • May 30
ZJBC Information Technology Co., Ltd, Annual General Meeting, Jun 20, 2024 ZJBC Information Technology Co., Ltd, Annual General Meeting, Jun 20, 2024, at 14:30 China Standard Time. Location: 8F, Tower A, No. 39, Dongsihuan Middle Road, Chaoyang District, Beijing China Reported Earnings • Apr 30
First quarter 2024 earnings released: CN¥0.007 loss per share (vs CN¥0.007 loss in 1Q 2023) First quarter 2024 results: CN¥0.007 loss per share (in line with 1Q 2023). Revenue: CN¥363.7m (up 2.2% from 1Q 2023). Net loss: CN¥6.23m (loss narrowed 9.2% from 1Q 2023). 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 39% per year, which means it is significantly lagging earnings. Announcement • Mar 30
ZJBC Information Technology Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024 ZJBC Information Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 New Risk • Mar 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Announcement • Dec 29
ZJBC Information Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 30, 2024 ZJBC Information Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 30, 2024 New Risk • Nov 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 6.0% 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 22% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.012 loss per share (vs CN¥0.005 loss in 3Q 2022) Third quarter 2023 results: CN¥0.012 loss per share (further deteriorated from CN¥0.005 loss in 3Q 2022). Revenue: CN¥354.0m (down 14% from 3Q 2022). Net loss: CN¥11.0m (loss widened 142% from 3Q 2022). 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 31% per year, which means it is significantly lagging earnings. New Risk • Oct 13
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 6.0% 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 32% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.008 loss per share (vs CN¥0.013 loss in 2Q 2022) Second quarter 2023 results: CN¥0.008 loss per share (improved from CN¥0.013 loss in 2Q 2022). Revenue: CN¥350.1m (down 13% from 2Q 2022). Net loss: CN¥7.66m (loss narrowed 36% from 2Q 2022). 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 34% per year, which means it is significantly lagging earnings. New Risk • Jul 25
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 6.7% 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 41% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Announcement • Jun 09
ZJBC Information Technology Co., Ltd, Annual General Meeting, Jun 29, 2023 ZJBC Information Technology Co., Ltd, Annual General Meeting, Jun 29, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2022 annual report and its summary; and to consider Unrecovered losses account for one-third of the paid-in capital. Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.007 loss per share (vs CN¥0.01 loss in 1Q 2022) First quarter 2023 results: CN¥0.007 loss per share (improved from CN¥0.01 loss in 1Q 2022). Revenue: CN¥355.8m (down 16% from 1Q 2022). Net loss: CN¥6.86m (loss narrowed 24% from 1Q 2022). 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 37% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 6 experienced directors. No highly experienced directors. Employee Representative Member of Supervisory Board Hai Ying Zhang is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.005 loss per share (vs CN¥0.01 loss in 3Q 2021) Third quarter 2022 results: CN¥0.005 loss per share (improved from CN¥0.01 loss in 3Q 2021). Revenue: CN¥410.6m (down 26% from 3Q 2021). Net loss: CN¥4.55m (loss narrowed 51% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 41% per year whereas the company’s share price has fallen by 37% per year. Reported Earnings • Aug 31
Second quarter 2022 earnings released: CN¥0.013 loss per share (vs CN¥0.054 loss in 2Q 2021) Second quarter 2022 results: CN¥0.013 loss per share (up from CN¥0.054 loss in 2Q 2021). Revenue: CN¥400.3m (down 26% from 2Q 2021). Net loss: CN¥12.0m (loss narrowed 76% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 48% 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. Announcement • Jun 10
ZJBC Information Technology Co., Ltd, Annual General Meeting, Jun 29, 2022 ZJBC Information Technology Co., Ltd, Annual General Meeting, Jun 29, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; and to consider Unrecovered losses account for one-third of the paid-in capital. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.01 loss per share (down from CN¥0.016 profit in 1Q 2021). Revenue: CN¥423.1m (down 28% from 1Q 2021). Net loss: CN¥9.00m (down 159% from profit in 1Q 2021). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.01 loss per share (vs CN¥0.017 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥553.5m (down 20% from 3Q 2020). Net loss: CN¥9.27m (down 159% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: CN¥0.054 loss per share (vs CN¥0.038 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥540.4m (down 14% from 2Q 2020). Net loss: CN¥50.3m (down 241% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥4.83, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the IT industry in China. Total loss to shareholders of 49% over the past three years. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.022 (vs CN¥1.33 loss 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¥2.57b (down 19% from FY 2019). Net income: CN¥20.2m (up CN¥1.26b from FY 2019). Profit margin: 0.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 24
New 90-day high: CN¥6.45 The company is up 6.0% from its price of CN¥6.06 on 26 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 20% over the same period. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥4.90 The company is down 14% from its price of CN¥5.69 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 25% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥5.13 The company is down 21% from its price of CN¥6.47 on 13 October 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 • Dec 24
New 90-day low: CN¥5.23 The company is down 20% from its price of CN¥6.53 on 25 September 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 22% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.32b, with earnings decreasing by CN¥1.51b from the prior year. Total revenue was CN¥2.64b over the last 12 months, down 16% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥5.74 The company is down 20% from its price of CN¥7.16 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is flat over the same period. Announcement • Oct 19
ZJBC Information Technology Co., Ltd to Report Q3, 2020 Results on Oct 27, 2020 ZJBC Information Technology Co., Ltd announced that they will report Q3, 2020 results on Oct 27, 2020 Is New 90 Day High Low • Sep 29
New 90-day low: CN¥6.30 The company is down 4.0% from its price of CN¥6.55 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 • Sep 04
ZJBC Information Technology Co., Ltd announced that it expects to receive CNY 1 billion in funding ZJBC Information Technology Co., Ltd (SZSE:000889) announced a private placement of not more than 280,887,334 A shares for gross proceeds of not more than CNY 1,000,000,000 on August 31, 2020. The issuance price shall not be less than 80% of the average price of the company’s stock on the 20 trading days before the pricing base date. The transaction will involve participation from not more than 35 specific investors. The transaction has been approved at the sixth meeting of the company's eighth board of directors in 2020. The transaction is subject to approval from the shareholders of the company, and from China Securities Regulatory Commission. All the securities issued in the transaction shall not be transferred within six months from the end of the issuance. Announcement • Jul 23
ZJBC Information Technology Co., Ltd to Report First Half, 2020 Results on Aug 18, 2020 ZJBC Information Technology Co., Ltd announced that they will report first half, 2020 results on Aug 18, 2020 
