New Risk • May 05
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¥45m 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. Reported Earnings • Apr 30
Full year 2025 earnings released: CN¥1.04 loss per share (vs CN¥0.13 loss in FY 2024) Full year 2025 results: CN¥1.04 loss per share (further deteriorated from CN¥0.13 loss in FY 2024). Revenue: CN¥747.2m (down 47% from FY 2024). Net loss: CN¥633.3m (loss widened CN¥554.4m from FY 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 21% per year. Announcement • Apr 29
Troy Information Technology Co., Ltd., Annual General Meeting, May 19, 2026 Troy Information Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China Announcement • Mar 31
Troy Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Troy Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Troy Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Troy Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: CN¥0.14 loss per share (vs CN¥0.13 loss in 3Q 2024) Third quarter 2025 results: CN¥0.14 loss per share (further deteriorated from CN¥0.13 loss in 3Q 2024). Revenue: CN¥279.8m (up 83% from 3Q 2024). Net loss: CN¥87.1m (loss widened 12% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 14% per year. Announcement • Sep 30
Troy Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Troy Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 23
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 8.1% 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. 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¥85m free cash flow). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). New Risk • Sep 08
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¥85m 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 • Jul 02
Troy Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Troy Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Buy Or Sell Opportunity • May 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to CN¥7.47. The fair value is estimated to be CN¥9.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years. Earnings per share has declined by 79%. Announcement • Apr 29
Troy Information Technology Co., Ltd., Annual General Meeting, May 20, 2025 Troy Information Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Announcement • Mar 31
Troy Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Troy Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Mar 31
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 9.1% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). Buy Or Sell Opportunity • Mar 31
Now 31% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to CN¥7.34. The fair value is estimated to be CN¥10.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 36%. Buy Or Sell Opportunity • Jan 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to CN¥8.96. The fair value is estimated to be CN¥11.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 36%. Buy Or Sell Opportunity • Jan 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to CN¥9.00. The fair value is estimated to be CN¥11.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 36%. Announcement • Dec 31
Troy Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Troy Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.078 loss in 3Q 2023) Third quarter 2024 results: CN¥0.13 loss per share (further deteriorated from CN¥0.078 loss in 3Q 2023). Revenue: CN¥152.5m (down 51% from 3Q 2023). Net loss: CN¥77.7m (loss widened 69% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Oct 09
Now 21% undervalued Over the last 90 days, the stock has risen 51% to CN¥10.86. The fair value is estimated to be CN¥13.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has grown by 10%. New Risk • Sep 30
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 8.8% 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 (8.8% average weekly change). Earnings have declined by 6.9% per year over the past 5 years. Announcement • Sep 30
Troy Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Troy Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.091 loss per share (vs CN¥0.026 loss in 2Q 2023) Second quarter 2024 results: CN¥0.091 loss per share (further deteriorated from CN¥0.026 loss in 2Q 2023). Revenue: CN¥314.6m (up 7.1% from 2Q 2023). Net loss: CN¥54.4m (loss widened 257% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Troy Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Troy Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 29
Troy Information Technology Co., Ltd., Annual General Meeting, May 20, 2024 Troy Information Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China Reported Earnings • Apr 27
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CN¥0.79 loss per share (further deteriorated from CN¥0.065 loss in FY 2022). Revenue: CN¥1.67b (down 24% from FY 2022). Net loss: CN¥474.5m (loss widened CN¥435.5m from FY 2022). Revenue missed analyst estimates by 35%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Troy Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Troy Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Announcement • Dec 29
Troy Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Troy Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: CN¥0.078 loss per share (vs CN¥0.059 loss in 3Q 2022) Third quarter 2023 results: CN¥0.078 loss per share (further deteriorated from CN¥0.059 loss in 3Q 2022). Revenue: CN¥312.7m (down 28% from 3Q 2022). Net loss: CN¥46.1m (loss widened 30% from 3Q 2022). Revenue is forecast to grow 16% 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 79% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Troy Information Technology Co., Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Troy Information Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Aug 24
Second quarter 2023 earnings released: CN¥0.026 loss per share (vs CN¥0.052 loss in 2Q 2022) Second quarter 2023 results: CN¥0.026 loss per share (improved from CN¥0.052 loss in 2Q 2022). Revenue: CN¥293.7m (up 16% from 2Q 2022). Net loss: CN¥15.3m (loss narrowed 50% from 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jul 01
Troy Information Technology Co., Ltd. Approves Board Elections Troy Information Technology Co., Ltd. at its EGM held on 29 June 2023 approved election of Liu Jie as non-independent directors and Ma Hua and Qu Hong as independent directors. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.041 (vs CN¥0.055 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.041 (down from CN¥0.055 in 1Q 2022). Revenue: CN¥493.6m (up 31% from 1Q 2022). Net income: CN¥24.8m (down 25% from 1Q 2022). Profit margin: 5.0% (down from 8.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. 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 Xue 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 25
Third quarter 2022 earnings released: CN¥0.059 loss per share (vs CN¥0.005 profit in 3Q 2021) Third quarter 2022 results: CN¥0.059 loss per share (down from CN¥0.005 profit in 3Q 2021). Revenue: CN¥435.7m (up 12% from 3Q 2021). Net loss: CN¥35.6m (down CN¥38.0m from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 12% per year. Reported Earnings • Aug 24
Second quarter 2022 earnings released: CN¥0.052 loss per share (vs CN¥0.028 profit in 2Q 2021) Second quarter 2022 results: CN¥0.052 loss per share (down from CN¥0.028 profit in 2Q 2021). Revenue: CN¥253.7m (down 46% from 2Q 2021). Net loss: CN¥30.2m (down 310% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xue 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. Board Change • Feb 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xue 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 2021 earnings released: EPS CN¥0.005 (vs CN¥0.06 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥388.2m (down 33% from 3Q 2020). Net income: CN¥2.32m (down 93% from 3Q 2020). Profit margin: 0.6% (down from 5.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.028 (vs CN¥0.08 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¥468.2m (up 18% from 2Q 2020). Net income: CN¥14.4m (down 65% from 2Q 2020). Profit margin: 3.1% (down from 10% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Apr 20
Full year 2020 earnings released: CN¥1.50 loss per share (vs CN¥0.23 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CN¥2.01b (up 1.8% from FY 2019). Net loss: CN¥779.7m (down CN¥898.1m from profit in FY 2019). 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 17% per year, which means it has not declined as severely as earnings. Announcement • Mar 08
Troy Information Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021 Troy Information Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021 Is New 90 Day High Low • Jan 29
New 90-day low: CN¥7.38 The company is down 39% from its price of CN¥12.19 on 30 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 IT industry, which is down 23% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥8.85 The company is down 33% from its price of CN¥13.20 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 IT industry, which is down 21% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥9.78 The company is down 33% from its price of CN¥14.64 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 21% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: CN¥10.82 The company is down 28% from its price of CN¥14.97 on 08 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 16% over the same period. Announcement • Dec 01
Troy Information Technology Co., Ltd. Announces Management Appointment Troy Information Technology Co., Ltd. announced the appointment of He Wenjiang and Li Jing as non-independent directors. Is New 90 Day High Low • Nov 16
New 90-day low: CN¥11.15 The company is down 25% from its price of CN¥14.94 on 18 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 11% over the same period. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥11.80 The company is down 9.0% from its price of CN¥12.91 on 23 July 2020. The Chinese market is flat 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. Announcement • Oct 20
Troy Information Technology Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020 Troy Information Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020 Announcement • Aug 06
Troy Information Technology Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Troy Information Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020