Announcement • Apr 02
Digiwin Co., Ltd., Annual General Meeting, Apr 22, 2026 Digiwin Co., Ltd., Annual General Meeting, Apr 22, 2026, at 13:30 China Standard Time. Location: 4F, No. 2016, Changzhong Road, Jing'an District, Shanghai China Reported Earnings • Apr 02
Full year 2025 earnings released: EPS: CN¥0.61 (vs CN¥0.58 in FY 2024) Full year 2025 results: EPS: CN¥0.61 (up from CN¥0.58 in FY 2024). Revenue: CN¥2.43b (up 4.4% from FY 2024). Net income: CN¥163.5m (up 5.0% from FY 2024). Profit margin: 6.7% (in line with FY 2024). Revenue is forecast to grow 19% p.a. on average during the next 2 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 5% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 31
Digiwin Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Digiwin Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Announcement • Dec 31
Digiwin Co., Ltd. to Report Fiscal Year 2025 Results on Apr 02, 2026 Digiwin Co., Ltd. announced that they will report fiscal year 2025 results on Apr 02, 2026 Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥43.45, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 51x in the Software industry in China. Total returns to shareholders of 154% over the past three years. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.022 (vs CN¥0.029 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.022 (down from CN¥0.029 in 3Q 2024). Revenue: CN¥569.4m (flat on 3Q 2024). Net income: CN¥6.06m (down 19% from 3Q 2024). Profit margin: 1.1% (down from 1.3% in 3Q 2024). Revenue is forecast to grow 17% 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 8% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Digiwin Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Digiwin Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥38.98, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 53x in the Software industry in China. Total returns to shareholders of 148% over the past three years. Announcement • Jul 02
Digiwin Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Digiwin Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • Jun 02
Dividend reduced to CN¥0.03 Dividend of CN¥0.03 is 74% lower than last year. Ex-date: 6th June 2025 Payment date: 6th June 2025 Dividend yield will be 0.09%, which is lower than the industry average of 0.8%. New Risk • May 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (25% accrual ratio). Reported Earnings • Apr 26
First quarter 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.04 loss in 1Q 2024) First quarter 2025 results: CN¥0.03 loss per share (improved from CN¥0.04 loss in 1Q 2024). Revenue: CN¥423.5m (up 4.3% from 1Q 2024). Net loss: CN¥8.33m (loss narrowed 14% from 1Q 2024). Revenue is forecast to grow 22% p.a. on average during the next 2 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 12% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 26
Digiwin Co., Ltd., Annual General Meeting, May 20, 2025 Digiwin Co., Ltd., Annual General Meeting, May 20, 2025, at 13:30 China Standard Time. Location: 4F, No. 2020, Changzhong Road, Jing'an District, Shanghai China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥29.18, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 44x in the Software industry in China. Total returns to shareholders of 82% over the past three years. Announcement • Mar 31
Digiwin Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Digiwin Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥34.06, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 52x in the Software industry in China. Total returns to shareholders of 84% over the past three years. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥41.68, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 53x in the Software industry in China. Total returns to shareholders of 112% over the past three years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥32.16, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 42x in the Software industry in China. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥23.03, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 41x in the Software industry in China. Total returns to shareholders of 1.4% over the past three years. Announcement • Dec 31
Digiwin Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Digiwin Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 New Risk • Nov 27
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 13% 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 (13% average weekly change). High level of non-cash earnings (27% accrual ratio). Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥30.57, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 46x in the Software industry in China. Total returns to shareholders of 42% over the past three years. Price Target Changed • Nov 08
Price target increased by 32% to CN¥30.33 Up from CN¥22.92, the current price target is an average from 3 analysts. New target price is 20% above last closing price of CN¥25.35. Stock is up 13% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥0.56 last year. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.029 (vs CN¥0.05 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.029 (down from CN¥0.05 in 3Q 2023). Revenue: CN¥569.1m (up 12% from 3Q 2023). Net income: CN¥7.45m (down 41% from 3Q 2023). Profit margin: 1.3% (down from 2.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% 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 increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. New Risk • Sep 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% 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 High level of non-cash earnings (32% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Announcement • Sep 30
Digiwin Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Digiwin Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to CN¥22.68, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 3.9% over the past three years. Price Target Changed • Aug 12
Price target decreased by 14% to CN¥22.92 Down from CN¥26.53, the current price target is an average from 3 analysts. New target price is 45% above last closing price of CN¥15.84. Stock is down 44% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥0.56 last year. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.19 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18. Revenue: CN¥598.0m (up 9.5% from 2Q 2023). Net income: CN¥52.1m (up 12% from 2Q 2023). Profit margin: 8.7% (up from 8.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Announcement • Jun 29
Digiwin Software Co.,Ltd. to Report First Half, 2024 Results on Aug 10, 2024 Digiwin Software Co.,Ltd. announced that they will report first half, 2024 results on Aug 10, 2024 Announcement • May 25
Digiwin Software Co.,Ltd. Announces 2023 Final Profit Distribution on A Shares, Payable on 30 May 2024 Digiwin Software Co.,Ltd. announced 2023 final profit distribution (A shares) of CNY 1.14915000 per 10 shares (tax included). Record date is 29 May 2024, Ex-date is 30 May 2024, Payment date is 30 May 2024. Announcement • Apr 29
Digiwin Software Co.,Ltd., Annual General Meeting, May 20, 2024 Digiwin Software Co.,Ltd., Annual General Meeting, May 20, 2024, at 13:30 China Standard Time. Location: 4F, No. 2020, Changzhong Road, Jing'an District, Shanghai China Reported Earnings • Apr 27
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.04 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (in line with 1Q 2023). Revenue: CN¥405.9m (up 13% from 1Q 2023). Net loss: CN¥9.69m (loss narrowed 8.7% from 1Q 2023). Revenue is forecast to grow 21% 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 increased by 3% per year whereas the company’s share price has fallen by 2% per year. Announcement • Mar 30
Digiwin Software Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Digiwin Software Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Feb 23
Digiwin Software Co.,Ltd. (SZSE:300378) announces an Equity Buyback for CNY 50 million worth of its shares. Digiwin Software Co.,Ltd. (SZSE:300378) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 20 per share. The purpose of repurchase program is to maintain company value and shareholders’ equity. The program will be valid till 3 months. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥15.19, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 34% over the past three years. Announcement • Dec 29
Digiwin Software Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Digiwin Software Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥23.32, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 34x in the Software industry in China. Total loss to shareholders of 17% over the past three years. Price Target Changed • Oct 28
Price target decreased by 17% to CN¥27.42 Down from CN¥33.16, the current price target is an average from 3 analysts. New target price is 39% above last closing price of CN¥19.67. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥0.57 for next year compared to CN¥0.51 last year. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.05 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.05 (in line with 3Q 2022). Revenue: CN¥509.8m (up 9.8% from 3Q 2022). Net income: CN¥12.7m (down 3.6% from 3Q 2022). Profit margin: 2.5% (down from 2.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% 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, earnings per share has remained flat but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥18.90, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 20% over the past three years. Announcement • Sep 30
Digiwin Software Co.,Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Digiwin Software Co.,Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Jul 29
Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.21 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.19 (down from CN¥0.21 in 2Q 2022). Revenue: CN¥546.3m (up 12% from 2Q 2022). Net income: CN¥46.7m (down 9.1% from 2Q 2022). Profit margin: 8.6% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% 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, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥35.90, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 47x in the Software industry in China. Total returns to shareholders of 40% over the past three years. Announcement • Jul 01
Digiwin Software Co.,Ltd. to Report First Half, 2023 Results on Jul 28, 2023 Digiwin Software Co.,Ltd. announced that they will report first half, 2023 results on Jul 28, 2023 New Risk • Jun 16
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 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥27.46, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 45x in the Software industry in China. Total returns to shareholders of 114% over the past three years. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥20.91, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 41x in the Software industry in China. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.65 per share. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: CN¥0.50 (vs CN¥0.42 in FY 2021) Full year 2022 results: EPS: CN¥0.50 (up from CN¥0.42 in FY 2021). Revenue: CN¥2.00b (up 12% from FY 2021). Net income: CN¥131.6m (up 17% from FY 2021). Profit margin: 6.6% (up from 6.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥21.57, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 42x in the Software industry in China. Total returns to shareholders of 36% over the past three years. Price Target Changed • Nov 16
Price target decreased to CN¥22.72 Down from CN¥26.95, the current price target is an average from 3 analysts. New target price is 29% above last closing price of CN¥17.56. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥0.54 for next year compared to CN¥0.42 last year. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director & Deputy GM Bo Liu is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Nov 10
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.12b to CN¥2.08b. EPS estimate also fell from CN¥0.60 per share to CN¥0.54 per share. Net income forecast to grow 112% next year vs 75% growth forecast for Software industry in China. Consensus price target of CN¥22.72 unchanged from last update. Share price rose 3.8% to CN¥18.09 over the past week. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.12 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.05 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥464.3m (up 3.4% from 3Q 2021). Net income: CN¥13.2m (down 60% from 3Q 2021). Profit margin: 2.8% (down from 7.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% 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, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥17.56, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.60 per share. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥21.90, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 28x in the Software industry in China. Total returns to shareholders of 58% over the past three years. Reported Earnings • Jul 25
Second quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.22 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.21 (down from CN¥0.22 in 2Q 2021). Revenue: CN¥488.8m (up 12% from 2Q 2021). Net income: CN¥51.4m (flat on 2Q 2021). Profit margin: 11% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 25%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • May 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director & Senior VP Bo Liu is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • May 12
Digiwin Software Co.,Ltd. Announces 2021 Final Profit Distribution Plan, Payable on May 16, 2022 Digiwin Software Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares) of CNY 1.00000000 per 10 shares (tax included). Record date is 13 May 2022; Ex-date is 16 May 2022; and the Payment date is 16 May 2022. Price Target Changed • Apr 27
Price target decreased to CN¥22.01 Down from CN¥26.95, the current price target is an average from 4 analysts. New target price is 62% above last closing price of CN¥13.59. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥0.42 last 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 Fengyi Lin was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
Digiwin Software Co.,Ltd. Approves Cash Dividend for 2022 Digiwin Software Co.,Ltd. at the AGM held on April 22, 2022, approved the Cash dividend per 10 shares (tax included) of CNY 1.00000000 for the year 2022. Reported Earnings • Apr 03
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.42 (down from CN¥0.46 in FY 2020). Revenue: CN¥1.79b (up 20% from FY 2020). Net income: CN¥112.2m (down 7.6% from FY 2020). Profit margin: 6.3% (down from 8.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 35%. Over the next year, revenue is forecast to grow 20%, compared to a 30% growth forecast for the 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 fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Apr 02
Digiwin Software Co.,Ltd., Annual General Meeting, Apr 22, 2022 Digiwin Software Co.,Ltd., Annual General Meeting, Apr 22, 2022, at 13:30 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; to consider 2022 appointment of audit firm; to consider 2022 remuneration for directors; to consider 2022 remuneration for supervisors; and to consider other matters. Announcement • Apr 01
Digiwin Software Co.,Ltd. Announces Final Dividend for 2021 Digiwin Software Co.,Ltd. announced Final Dividend of CNY 1.00000000 per 10 shares (tax included) for 2021. Buying Opportunity • Mar 08
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be CN¥22.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% per annum over the last 3 years. Earnings per share has grown by 27% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥20.41, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 109% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.51 per share. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 47% share price gain to CN¥28.18, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 37x in the Software industry in China. Total returns to shareholders of 173% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥38.36 per share. Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.17 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥437.3m (up 18% from 2Q 2020). Net income: CN¥51.5m (up 35% from 2Q 2020). Profit margin: 12% (up from 10% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥22.09, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 35x in the Software industry in China. Total returns to shareholders of 77% over the past three years. Announcement • Jun 03
Digiwin Software Co.,Ltd. Announces Final Cash Dividend for 2020, Payable on June 8, 2021 Digiwin Software Co.,Ltd. announced 2020 final profit distribution plan to be implemented (A shares) of CNY 0.99997100 per 10 shares (tax included). Record date is 7 June 2021; Ex-date is 8 June 2021; and the Payment date is 8 June 2021. Reported Earnings • Apr 30
First quarter 2021 earnings released: CN¥0.06 loss per share (vs CN¥0.20 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥286.0m (up 24% from 1Q 2020). Net loss: CN¥17.3m (loss narrowed 67% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 06
Price target decreased to CN¥35.23 Down from CN¥39.56, the current price target is an average from 3 analysts. New target price is 70% above last closing price of CN¥20.66. Stock is up 36% over the past year. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.46 (vs CN¥0.39 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.50b (up 2.0% from FY 2019). Net income: CN¥121.4m (up 17% from FY 2019). Profit margin: 8.1% (up from 7.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 12
New 90-day low: CN¥22.40 The company is down 14% from its price of CN¥26.10 on 11 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.87 per share. Announcement • Feb 25
Digiwin Software Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Digiwin Software Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥24.18, the stock is trading at a trailing P/E ratio of 56.1x, down from the previous P/E ratio of 69x. This compares to an average P/E of 47x in the Software industry in China. Total returns to shareholders over the past three years are 109%. Is New 90 Day High Low • Feb 05
New 90-day low: CN¥23.26 The company is down 15% from its price of CN¥27.29 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.62 per share. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥30.29, the stock is trading at a trailing P/E ratio of 70.3x, up from the previous P/E ratio of 60.7x. This compares to an average P/E of 54x in the Software industry in China. Total returns to shareholders over the past three years are 140%. Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 19% share price gain to CN¥28.00, the stock is trading at a trailing P/E ratio of 65x, up from the previous P/E ratio of 54.4x. This compares to an average P/E of 62x in the Software industry in China. Total returns to shareholders over the past three years are 80%. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥113.6m, up 34% from the prior year. Total revenue was CN¥1.47b over the last 12 months, up 6.2% from the prior year. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥24.14 The company is down 16% from its price of CN¥28.60 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 Software industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.90 per share.