New Risk • Jun 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • May 30
Bringspring Science and Technology Co., Ltd. Approves Cash Dividend for the Year 2025 Bringspring Science and Technology Co., Ltd. at its AGM held on 28 May 2026 approved cash dividend of CNY 0.15 per 10 shares (tax included) for the year 2025. Announcement • Apr 24
Bringspring Science and Technology Co., Ltd., Annual General Meeting, May 28, 2026 Bringspring Science and Technology Co., Ltd., Annual General Meeting, May 28, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Zhengzhou, Henan China Reported Earnings • Apr 24
Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.005 loss in FY 2024) Full year 2025 results: CN¥0.07 loss per share (further deteriorated from CN¥0.005 loss in FY 2024). Revenue: CN¥754.7m (down 1.7% from FY 2024). Net loss: CN¥45.1m (loss widened CN¥42.2m from FY 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Bringspring Science and Technology Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Bringspring Science and Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Announcement • Dec 31
Bringspring Science and Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Bringspring Science and Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.007 loss per share (vs CN¥0.004 loss in 3Q 2024) Third quarter 2025 results: CN¥0.007 loss per share (further deteriorated from CN¥0.004 loss in 3Q 2024). Revenue: CN¥162.1m (flat on 3Q 2024). Net loss: CN¥4.46m (loss widened 72% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Bringspring Science and Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Bringspring Science and Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 15
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 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 1.5% per year over the past 5 years. Reported Earnings • Aug 22
Second quarter 2025 earnings released: CN¥0.002 loss per share (vs CN¥0.016 profit in 2Q 2024) Second quarter 2025 results: CN¥0.002 loss per share (down from CN¥0.016 profit in 2Q 2024). Revenue: CN¥170.0m (down 12% from 2Q 2024). Net loss: CN¥1.52m (down 115% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 77% per year, which means it is significantly lagging earnings growth. New Risk • Aug 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 7.5% 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 Earnings have declined by 8.6% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Announcement • Jul 02
Bringspring Science and Technology Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Bringspring Science and Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 New Risk • Apr 23
New major risk - Revenue and earnings growth Earnings have declined by 17% 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 17% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Announcement • Apr 22
Bringspring Science and Technology Co., Ltd., Annual General Meeting, May 21, 2025 Bringspring Science and Technology Co., Ltd., Annual General Meeting, May 21, 2025, at 15:00 China Standard Time. Location: 2F, Building 9, Zhongyuan Digital Economy Industry Park, Guancheng District, Zhengzhou, Henan China New Risk • Apr 07
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. 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 Risk Large one-off items impacting financial results. Announcement • Mar 31
Bringspring Science and Technology Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Bringspring Science and Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
Bringspring Science and Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Bringspring Science and Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: CN¥0.004 loss per share (vs CN¥0.018 profit in 3Q 2023) Third quarter 2024 results: CN¥0.004 loss per share (down from CN¥0.018 profit in 3Q 2023). Revenue: CN¥161.4m (down 19% from 3Q 2023). Net loss: CN¥2.60m (down 123% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Bringspring Science and Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Bringspring Science and Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.002 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.016 (up from CN¥0.002 in 2Q 2023). Revenue: CN¥192.6m (up 11% from 2Q 2023). Net income: CN¥9.88m (up CN¥8.38m from 2Q 2023). Profit margin: 5.1% (up from 0.9% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year. Announcement • Jun 29
Bringspring Science and Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Bringspring Science and Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 24
Bringspring Science and Technology Co., Ltd., Annual General Meeting, May 31, 2024 Bringspring Science and Technology Co., Ltd., Annual General Meeting, May 31, 2024, at 15:00 China Standard Time. Location: Building 9, Zhongyuan Digital Economy Industrial Park, Zhengdong New District, Zhengzhou, Henan China Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: CN¥0.042 (vs CN¥0.35 loss in FY 2022) Full year 2023 results: EPS: CN¥0.042 (up from CN¥0.35 loss in FY 2022). Revenue: CN¥797.5m (up 13% from FY 2022). Net income: CN¥26.5m (up CN¥251.8m from FY 2022). Profit margin: 3.3% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Apr 09
Bringspring Science and Technology Denies Plan to Acquire Super Fusion Firm Bringspring Science and Technology Co., Ltd. (SZSE:300290) said rumours untrue about company to acquire Super Fusion Firm for CNY 12 billion - CNY 22 billion ($1.66 billion-$3.04 billion). Announcement • Mar 30
Bringspring Science and Technology Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Bringspring Science and Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Dec 29
Bringspring Science and Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Bringspring Science and Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.018 (vs CN¥0.014 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.018 (up from CN¥0.014 in 3Q 2022). Revenue: CN¥198.3m (down 21% from 3Q 2022). Net income: CN¥11.5m (up 31% from 3Q 2022). Profit margin: 5.8% (up from 3.5% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. New Risk • Oct 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.3% 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 59% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Sep 30
Bringspring Science and Technology Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Bringspring Science and Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.07 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.002 (down from CN¥0.07 in 2Q 2022). Revenue: CN¥173.3m (down 6.3% from 2Q 2022). Net income: CN¥1.50m (down 97% from 2Q 2022). Profit margin: 0.9% (down from 24% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 22
Full year 2022 earnings released: CN¥0.35 loss per share (vs CN¥0.65 loss in FY 2021) Full year 2022 results: CN¥0.35 loss per share (improved from CN¥0.65 loss in FY 2021). Revenue: CN¥705.1m (down 14% from FY 2021). Net loss: CN¥225.2m (loss narrowed 44% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.014 (vs CN¥0.007 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.014 (up from CN¥0.007 in 3Q 2021). Revenue: CN¥249.4m (down 14% from 3Q 2021). Net income: CN¥8.79m (up 102% from 3Q 2021). Profit margin: 3.5% (up from 1.5% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.016 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.016 in 2Q 2021). Revenue: CN¥184.8m (down 25% from 2Q 2021). Net income: CN¥44.2m (up 353% from 2Q 2021). Profit margin: 24% (up from 4.0% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: CN¥0.036 loss per share (down from CN¥0.004 profit in 1Q 2021). Revenue: CN¥117.9m (down 17% from 1Q 2021). Net loss: CN¥23.3m (down CN¥25.7m from profit in 1Q 2021). Revenue missed analyst estimates by 13%. 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 74 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥5.10, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 44x in the IT industry in China. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥7.58, the stock trades at a trailing P/E ratio of 61.6x. Average trailing P/E is 48x in the IT industry in China. Total returns to shareholders of 86% over the past three years. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.007 (vs CN¥0.015 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥288.3m (up 45% from 3Q 2020). Net income: CN¥4.35m (down 48% from 3Q 2020). Profit margin: 1.5% (down from 4.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥6.89, the stock trades at a trailing P/E ratio of 53.1x. Average trailing P/E is 44x in the IT industry in China. Total returns to shareholders of 97% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥5.78, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 44x in the IT industry in China. Total returns to shareholders of 41% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.044 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥245.2m (up 33% from 2Q 2020). Net income: CN¥9.77m (down 60% from 2Q 2020). Profit margin: 4.0% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 60% 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 • May 17
Investor sentiment deteriorated over the past week After last week's 22% share price decline to CN¥5.40, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 43x in the IT industry in China. Total loss to shareholders of 3.5% over the past year. Announcement • Apr 27
Bringspring Science and Technology Co., Ltd. Announces Final Dividend for the Year 2020 Bringspring Science and Technology Co., Ltd. announced final cash dividend CNY 0.28 per 10 shares (tax included) for the year 2020. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.14 (vs CN¥0.08 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥787.9m (up 8.9% from FY 2019). Net income: CN¥80.4m (up 86% from FY 2019). Profit margin: 10% (up from 6.0% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥4.45, the stock is trading at a trailing P/E ratio of 50x, down from the previous P/E ratio of 58.8x. This compares to an average P/E of 59x in the IT industry in China. Total return to shareholders over the past three years is a loss of 18%. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥6.26 The company is down 26% from its price of CN¥8.49 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 IT industry, which is down 18% over the same period. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥6.26, the stock is trading at a trailing P/E ratio of 70.3x, down from the previous P/E ratio of 83.6x. This compares to an average P/E of 67x in the IT industry in China. Total returns to shareholders over the past three years are 8.7%. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥49.8m, up 114% from the prior year. Total revenue was CN¥743.8m over the last 12 months, up 3.8% from the prior year. Is New 90 Day High Low • Oct 28
New 90-day low: CN¥7.40 The company is down 3.0% from its price of CN¥7.65 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 IT industry, which is down 6.0% over the same period. Announcement • Oct 02
Bringspring Science and Technology Co., Ltd. announced that it expects to receive CNY 200 million in funding Bringspring Science and Technology Co., Ltd. (SZSE:300290) announced a private placement of not more than 179,258,379 shares for gross proceeds of up to CNY 200 million on September 30, 2020. The transaction will include participation from not more than 35 special investors. The pricing base date is the first day of the issue period, and the issue price is not less than 80% of the average price of the company's stocks 20 trading days before the pricing base. The transaction has been approved by the board of directors in the 21st meeting of its 4th directorate. Announcement • Sep 08
Bringspring Science and Technology Co., Ltd. announced that it has received CNY 117.599998 million in funding from Hangzhou Lexin Investment Management Co., Ltd., Caitong Fund Management Co., Ltd. On August 14, 2020, Bringspring Science and Technology Co., Ltd. (SZSE:300290) closed the transaction. The company issued 20,068,259 A shares at issue price CNY 5.86 per shares for gross proceeds of CNY 117,599,997.74 in the transaction. The transaction included participation from Hangzhou Lexin Investment Management Co., Ltd. for 16,484,642 shares for proceeds of CNY 96,600,002.12 and Caitong Fund Management Co., Ltd. for 3,583,617 shares for proceeds of CNY 20,999,995.62. The company paid a underwriting expenses of CNY 7,000,000 and other expenses CNY 2,735,913.48. The net proceeds were CNY 107,864,084.26, of which CNY 20,068,259 was added to the registered capital and CNY 87,795,825.26 was added to the capital reserve. Announcement • Aug 11
Bringspring Science and Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Bringspring Science and Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020 Announcement • Jul 17
Shao Yinan completed the acquisition of 5% stake in Bringspring Science and Technology Co., Ltd. (SZSE:300290) from Cui Wantao and Fu Yanjie. Shao Yinan signed an agreement to acquire 5% stake in Bringspring Science and Technology Co., Ltd. (SZSE:300290) from Cui Wantao and Fu Yanjie for approximately CNY 170 million on June 2, 2020. The total consideration will be divided into four installments; within 2 working days after the signing of the agreement, CNY 17.3 million shall be paid. Within 3 working days from the date of transfer of the shares to Shao Yinan,CNY 51.8 shall be paid. Six months and twelve months from the date of the agreement, the remaining two installments of CNY 51.8 shall be paid. Under the acquisition, Cui Yantao and Fu Yanjie will be selling 17.3 million shares and 11.5 million shares to Shao Yinan respectively.
Shao Yinan completed the acquisition of 5% stake in Bringspring Science and Technology Co., Ltd. (SZSE:300290) from Cui Wantao and Fu Yanjie on July 8, 2020.