Board Change • Jun 01
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. 3 highly experienced directors. Employee Representative Supervisor Yang Song was the last director to join the board, commencing their role in 2023. 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 • May 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥42.18, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 47x in the Software industry in China. Total returns to shareholders of 113% over the past three years. New Risk • Apr 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 8.0% 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: 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 (8.0% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin). New Risk • Apr 24
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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (8.2% net profit margin). Announcement • Apr 15
Nanjing Sciyon Wisdom Technology Group Co., Ltd., Annual General Meeting, May 08, 2026 Nanjing Sciyon Wisdom Technology Group Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: No. 1266, Qingshuiting East Road, Moling Subdistrict, Jiangning District, Nanjing, Jiangsu China New Risk • Apr 15
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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.2% net profit margin). Reported Earnings • Apr 15
First quarter 2026 earnings released: EPS: CN¥0.32 (vs CN¥0.25 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.32 (up from CN¥0.25 in 1Q 2025). Revenue: CN¥444.7m (up 5.7% from 1Q 2025). Net income: CN¥76.2m (up 25% from 1Q 2025). Profit margin: 17% (up from 14% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥34.96, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 87x in the Software industry in China. Total returns to shareholders of 82% over the past three years. Announcement • Mar 31
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 15, 2026 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 15, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥31.13, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 84x in the Software industry in China. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥38.22, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 47x in the Software industry in China. Total returns to shareholders of 109% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥32.21, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 55x in the Software industry in China. Total returns to shareholders of 119% over the past three years. Announcement • Dec 31
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Reported Earnings • Oct 22
Third quarter 2025 earnings released: EPS: CN¥0.34 (vs CN¥0.20 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.34 (up from CN¥0.20 in 3Q 2024). Revenue: CN¥372.2m (up 4.2% from 3Q 2024). Net income: CN¥81.3m (up 68% from 3Q 2024). Profit margin: 22% (up from 14% in 3Q 2024). The increase in margin was primarily driven by lower 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 88% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 21, 2025 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 21, 2025 Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.28 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.31 (up from CN¥0.28 in 2Q 2024). Revenue: CN¥559.8m (up 28% from 2Q 2024). Net income: CN¥74.9m (up 11% from 2Q 2024). Profit margin: 13% (down from 15% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% 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 78% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Board Change • Aug 01
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. 5 experienced directors. 3 highly experienced directors. Non-Independent Director Minghao Liu was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Jul 02
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • May 27
Nanjing Sciyon Wisdom Technology Group Co., Ltd. Approves Cash Dividend for the Year 2024 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced at Annual General Meeting of 2024 held on 23 May 2025, the shareholders approved cash dividend of CNY 0.4000000 per ten shares (tax included) for the year 2024. New Risk • May 14
New major risk - Revenue and earnings growth Earnings have declined by 0.2% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.18 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.25 (up from CN¥0.18 in 1Q 2024). Revenue: CN¥420.7m (up 15% from 1Q 2024). Net income: CN¥60.9m (up 42% from 1Q 2024). Profit margin: 14% (up from 12% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% 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 increased by 64% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • Apr 25
Nanjing Sciyon Wisdom Technology Group Co., Ltd., Annual General Meeting, May 23, 2025 Nanjing Sciyon Wisdom Technology Group Co., Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: No. 1266, Qingshuiting East Road, Moling Subdistrict, Jiangning District, Nanjing, Jiangsu China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥20.17, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 38x in the Software industry in China. Total returns to shareholders of 84% over the past three years. New Risk • Apr 07
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 • Mar 31
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥27.31, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 55x in the Software industry in China. Total returns to shareholders of 113% over the past three years. Announcement • Dec 31
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 16
Third quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.20 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.20 in 3Q 2023). Revenue: CN¥357.1m (up 16% from 3Q 2023). Net income: CN¥48.3m (up 2.8% from 3Q 2023). Profit margin: 14% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% 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 21% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥18.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 31% over the past three years. Reported Earnings • Jul 18
Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.14 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.14 in 2Q 2023). Revenue: CN¥438.1m (up 6.7% from 2Q 2023). Net income: CN¥67.5m (up 102% from 2Q 2023). Profit margin: 15% (up from 8.1% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jul 01
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to CN¥18.83. The fair value is estimated to be CN¥14.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 86% in 2 years. Earnings are forecast to grow by 98% in the next 2 years. Announcement • Jun 29
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report First Half, 2024 Results on Aug 10, 2024 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report first half, 2024 results on Aug 10, 2024 Buy Or Sell Opportunity • Jun 26
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to CN¥18.22. The fair value is estimated to be CN¥14.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 86% in 2 years. Earnings are forecast to grow by 98% in the next 2 years. New Risk • Jun 11
New major risk - Revenue and earnings growth Earnings have declined by 43% 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 43% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Buy Or Sell Opportunity • Jun 08
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to CN¥17.75. The fair value is estimated to be CN¥14.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 60% in a year. Earnings are forecast to grow by 44% in the next year. Buy Or Sell Opportunity • May 09
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 61% to CN¥18.21. The fair value is estimated to be CN¥14.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 60% in a year. Earnings are forecast to grow by 44% in the next year. Announcement • Apr 28
Nanjing Sciyon Wisdom Technology Group Co., Ltd., Annual General Meeting, May 17, 2024 Nanjing Sciyon Wisdom Technology Group Co., Ltd., Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: No. 1266, Qingshuiting East Road, Moling Subdistrict, Jiangning District, Nanjing, Jiangsu China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; to consider 2023 financial report; to consider special report on the deposit and use of raised funds in 2023; to consider appointment of 2024 audit firm; to consider application for comprehensive credit line to banks; and to consider other matters. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.042 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.042 in 1Q 2023). Revenue: CN¥367.1m (up 30% from 1Q 2023). Net income: CN¥42.8m (up 322% from 1Q 2023). Profit margin: 12% (up from 3.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 36% 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 fallen by 45% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Mar 30
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Dec 30
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.15 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.15 in 3Q 2022). Revenue: CN¥307.9m (down 8.7% from 3Q 2022). Net income: CN¥46.9m (up 34% from 3Q 2022). Profit margin: 15% (up from 10% in 3Q 2022). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Announcement • Oct 01
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 New Risk • Sep 08
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: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.09 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.09 in 2Q 2022). Revenue: CN¥410.5m (up 31% from 2Q 2022). Net income: CN¥33.4m (up 47% from 2Q 2022). Profit margin: 8.1% (up from 7.2% in 2Q 2022). Revenue is forecast to grow 31% 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, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance. New Risk • Aug 10
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.1% 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. Reported Earnings • Apr 26
Full year 2022 earnings released: CN¥1.81 loss per share (vs CN¥0.16 profit in FY 2021) Full year 2022 results: CN¥1.81 loss per share (down from CN¥0.16 profit in FY 2021). Revenue: CN¥1.15b (up 1.2% from FY 2021). Net loss: CN¥433.7m (down CN¥470.9m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥13.90, the stock trades at a trailing P/E ratio of 67.1x. Average forward P/E is 31x in the Software industry in China. Total returns to shareholders of 2.9% over the past three years. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Peihong Wang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.057 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.057 in 3Q 2021). Revenue: CN¥337.4m (up 14% from 3Q 2021). Net income: CN¥35.1m (up 144% from 3Q 2021). Profit margin: 10% (up from 4.9% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.11 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.09 (down from CN¥0.11 in 2Q 2021). Revenue: CN¥314.5m (up 23% from 2Q 2021). Net income: CN¥22.7m (down 17% from 2Q 2021). Profit margin: 7.2% (down from 11% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Jul 30
Nanjing Sciyon Wisdom Technology Group Co., Ltd. Announces Executive Changes Nanjing Sciyon Wisdom Technology Group Co., Ltd. approved Election of non-independent directors: 1.1. Liu Guoyao; 1.2. Hu Shemei; 1.3. Cao Ruifeng and 1.4. Liu Minghao and Election of independent directors: 2.1. Wang Peihong; 2.2. Zhao Xianglian & 2.3. Wang Jinyuan. Announcement • Jul 09
Nanjing Sciyon Wisdom Technology Group Co., Ltd. Announces Final Cash Dividend on A Shares for 2021, Payable on 13 July 2022 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced final cash dividend of CNY 0.40000000 per 10 shares on A shares for 2021. Record date: 12 July 2022, Ex-date: 13 July 2022 and Payment date: 13 July 2022. Announcement • May 29
Nanjing Sciyon Wisdom Technology Group Co., Ltd. Approves Final Cash Dividend Proposal for 2021 Nanjing Sciyon Wisdom Technology Group Co., Ltd. held its Annual General Meeting of 2021 on 25 May 2022, during which the following proposal(s) was/were approved the proposal of final cash dividend (tax included) for 2021 of CNY 0.40000000 per 10 shares. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.02 (down from CN¥0.04 in 1Q 2021). Revenue: CN¥248.0m (up 29% from 1Q 2021). Net income: CN¥4.58m (down 50% from 1Q 2021). Profit margin: 1.8% (down from 4.8% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 80%. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • May 02
Nanjing Sciyon Wisdom Technology Group Co., Ltd. Announces Final Cash Dividend Proposal for 2021 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced on 29 April 2022 the final cash dividend proposal for 2021. Cash dividend/10 shares (tax included): CNY 0.40000000. 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. 10 experienced directors. 2 highly experienced directors. Non-Independent Director Shemei Hu was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Apr 20
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Fiscal Year 2021 Results on Apr 29, 2022 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report fiscal year 2021 results on Apr 29, 2022 Reported Earnings • Oct 25
Third quarter 2021 earnings released: EPS CN¥0.057 (vs CN¥0.12 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥295.1m (up 27% from 3Q 2020). Net income: CN¥14.4m (down 48% from 3Q 2020). Profit margin: 4.9% (down from 12% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Jul 23
Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.22 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥256.3m (up 4.4% from 2Q 2020). Net income: CN¥27.3m (down 53% from 2Q 2020). Profit margin: 11% (down from 24% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year. Announcement • May 21
Nanjing Sciyon Wisdom Technology Group Co., Ltd. Approves Cash Dividend for 2020 Nanjing Sciyon Wisdom Technology Group Co., Ltd. approved cash dividend (tax included) of CNY 3.00000000 per 10 shares for 2020 at the AGM held on 19 May 2021. Announcement • Apr 28
Nanjing Sciyon Wisdom Technology Group Co., Ltd. Proposes Final Dividend for 2020 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced on 26 April 2021 the profit distribution proposal for 2020 as follows: Cash dividend/10 shares (tax included): CNY 3.00000000. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.05 in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥191.9m (up 50% from 1Q 2020). Net income: CN¥9.14m (down 15% from 1Q 2020). Profit margin: 4.8% (down from 8.4% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥16.25, the stock trades at a trailing P/E ratio of 28.5x, up from the previous P/E ratio of 24.5x. Average P/E is 45x in the Software industry in China. Total return to shareholders over the past three years was a loss of 2.2%. Is New 90 Day High Low • Mar 12
New 90-day high: CN¥15.29 The company is up 7.0% from its price of CN¥14.34 on 11 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 10.0% over the same period. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS CN¥0.57 (vs CN¥0.53 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¥846.9m (up 13% from FY 2019). Net income: CN¥137.8m (up 8.3% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue and earnings miss expectations Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 41%, compared to a 44% growth forecast for the Software industry in China. Is New 90 Day High Low • Jan 27
New 90-day low: CN¥13.01 The company is down 15% from its price of CN¥15.38 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥13.57 The company is down 9.0% from its price of CN¥14.89 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥14.26 The company is down 8.0% from its price of CN¥15.53 on 17 September 2020. The Chinese market is up 3.0% 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. Major Estimate Revision • Oct 29
Analysts increase revenue estimates to CN¥934.0m The 2020 consensus revenue estimate increased from CN¥837.0m. Earning per share (EPS) estimate also increased from CN¥0.59 to CN¥0.62 for the same period. Net income is expected to grow by 29% next year compared to 63% growth forecast for the Software industry in China. The consensus price target increased from CN¥17.86 to CN¥19.75. Share price is down by 1.1% to CN¥15.38 over the past week. Price Target Changed • Oct 24
Price target raised to CN¥19.75 Up from CN¥17.86, the current price target is provided by 1 analyst. The new target price is 31% above the current share price of CN¥15.13. As of last close, the stock is up 5.8% over the past year. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥138.1m, up 11% from the prior year. Total revenue was CN¥873.4m over the last 12 months, up 25% from the prior year. Announcement • Oct 17
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report Q3, 2020 Results on Oct 23, 2020 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 23, 2020 Is New 90 Day High Low • Oct 01
New 90-day low: CN¥14.34 The company is down 2.0% from its price of CN¥14.56 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 5.0% over the same period. Announcement • Jul 18
Nanjing Sciyon Wisdom Technology Group Co., Ltd. to Report First Half, 2020 Results on Aug 05, 2020 Nanjing Sciyon Wisdom Technology Group Co., Ltd. announced that they will report first half, 2020 results on Aug 05, 2020