New Risk • May 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¥258m 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥258m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 13% per year over the past 5 years. Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.64 loss per share (vs CN¥0.47 loss in FY 2024) Full year 2025 results: CN¥0.64 loss per share (further deteriorated from CN¥0.47 loss in FY 2024). Revenue: CN¥256.9m (down 4.4% from FY 2024). Net loss: CN¥159.8m (loss widened 36% from FY 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 29
Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang, Annual General Meeting, May 21, 2026 Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang, Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: Building 2, No. 6011, Songze Avenue, Qingpu District, Shanghai China New Risk • Apr 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 10% 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 (10% average weekly change). Earnings have declined by 12% per year over the past 5 years. Minor Risk Less than 1 year of cash runway based on current free cash flow (-CN¥217m). Announcement • Mar 31
Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang to Report Q1, 2026 Results on Apr 29, 2026 Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Mar 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.6% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-CN¥217m). Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • Dec 31
Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang to Report Fiscal Year 2025 Results on Apr 29, 2026 Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.12 loss per share (vs CN¥0.12 loss in 3Q 2024) Third quarter 2025 results: CN¥0.12 loss per share (in line with 3Q 2024). Revenue: CN¥50.4m (down 33% from 3Q 2024). Net loss: CN¥28.1m (loss widened 5.5% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang to Report Q3, 2025 Results on Oct 29, 2025 Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Aug 21
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 8.6% 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 (8.6% average weekly change). Earnings have declined by 8.8% per year over the past 5 years. Minor Risk Less than 1 year of cash runway based on current free cash flow (-CN¥212m). Announcement • Jul 02
Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang to Report First Half, 2025 Results on Aug 29, 2025 Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jun 12
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -CN¥212m This is considered a minor 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.8% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-CN¥212m). Share price has been volatile over the past 3 months (8.8% average weekly change). Announcement • Apr 29
Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang, Annual General Meeting, May 21, 2025 Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang, Annual General Meeting, May 21, 2025, at 14:00 China Standard Time. Announcement • Mar 31
Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang to Report Q1, 2025 Results on Apr 29, 2025 Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (13% average weekly change). Announcement • Dec 31
Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang to Report Fiscal Year 2024 Results on Apr 29, 2025 Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.12 loss per share (vs CN¥0.063 loss in 3Q 2023) Third quarter 2024 results: CN¥0.12 loss per share (further deteriorated from CN¥0.063 loss in 3Q 2023). Revenue: CN¥75.7m (up 37% from 3Q 2023). Net loss: CN¥26.6m (loss widened 71% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • Sep 30
Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang to Report Q3, 2024 Results on Oct 30, 2024 Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.056 loss per share (vs CN¥0.14 loss in 2Q 2023) Second quarter 2024 results: CN¥0.056 loss per share (improved from CN¥0.14 loss in 2Q 2023). Revenue: CN¥50.3m (up 25% from 2Q 2023). Net loss: CN¥14.8m (loss narrowed 54% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Jun 29
Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang to Report First Half, 2024 Results on Aug 29, 2024 Transportation Telecommunication & Information Development Inc.Ltd.Zhejiang announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 28
Transportation Telecommunication and Information Development Inc. Ltd. Zhejiang, Annual General Meeting, May 17, 2024 Transportation Telecommunication and Information Development Inc. Ltd. Zhejiang, Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: Building 2, No. 6011, Songze Avenue, Qingpu District, Shanghai 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 accounts report; to consider 2023 profit distribution plan; to consider 2023 annual report and its summary; to consider Fund occupation by controlling shareholders and other related parties; to consider 2023 remuneration appraisal results for directors; to consider 2023 remuneration appraisal results for supervisors; and to consider other business matters. Reported Earnings • Apr 27
Full year 2023 earnings released: CN¥0.79 loss per share (vs CN¥0.78 loss in FY 2022) Full year 2023 results: CN¥0.79 loss per share (further deteriorated from CN¥0.78 loss in FY 2022). Revenue: CN¥246.5m (down 6.5% from FY 2022). Net loss: CN¥184.9m (loss widened 16% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 35% 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
Transportation Telecommunication and Information Development Inc. Ltd. Zhejiang to Report Q1, 2024 Results on Apr 29, 2024 Transportation Telecommunication and Information Development Inc. Ltd. Zhejiang announced that they will report Q1, 2024 results on Apr 29, 2024 New Risk • Jan 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 6.4% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Announcement • Dec 30
Trust Alliance Information Development Inc.Ltd.Shanghai to Report Fiscal Year 2023 Results on Apr 22, 2024 Trust Alliance Information Development Inc.Ltd.Shanghai announced that they will report fiscal year 2023 results on Apr 22, 2024 Announcement • Dec 27
Trust Alliance Information Development Inc.Ltd.Shanghai Approves Management Appointments Trust Alliance Information Development Inc.Ltd.Shanghai announced at the EGM held on December 22, 2023, approved election of Chen Gang, Yang Tong, Zhou Liming and Liu Xiaole as non-independent director; Zhang Jinniu, Zhao Yaqing and Qiao Yutuan as independent director; Pan Yiyun and Zhang Ji as non-employee supervisor. Reported Earnings • Oct 26
Third quarter 2023 earnings released: CN¥0.063 loss per share (vs CN¥0.076 loss in 3Q 2022) Third quarter 2023 results: CN¥0.063 loss per share (improved from CN¥0.076 loss in 3Q 2022). Revenue: CN¥55.2m (down 17% from 3Q 2022). Net loss: CN¥15.6m (flat on 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 22% 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. Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.14 loss per share (vs CN¥0.13 loss in 2Q 2022) Second quarter 2023 results: CN¥0.14 loss per share (further deteriorated from CN¥0.13 loss in 2Q 2022). Revenue: CN¥40.2m (up 20% from 2Q 2022). Net loss: CN¥32.3m (loss widened 23% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Apr 26
First quarter 2023 earnings released: CN¥0.089 loss per share (vs CN¥0.14 loss in 1Q 2022) First quarter 2023 results: CN¥0.089 loss per share (improved from CN¥0.14 loss in 1Q 2022). Revenue: CN¥35.7m (up 50% from 1Q 2022). Net loss: CN¥18.2m (loss narrowed 38% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Le Jiajin was the last independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 25
Third quarter 2022 earnings released: CN¥0.076 loss per share (vs CN¥0.037 loss in 3Q 2021) Third quarter 2022 results: CN¥0.076 loss per share (further deteriorated from CN¥0.037 loss in 3Q 2021). Revenue: CN¥66.5m (down 54% from 3Q 2021). Net loss: CN¥15.6m (loss widened 104% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Reported Earnings • Sep 04
Second quarter 2022 earnings released: CN¥0.13 loss per share (vs CN¥0.073 profit in 2Q 2021) Second quarter 2022 results: CN¥0.13 loss per share (down from CN¥0.073 profit in 2Q 2021). Revenue: CN¥33.4m (down 64% from 2Q 2021). Net loss: CN¥26.4m (down 276% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • May 07
Trust Alliance Information Development Inc.Ltd.Shanghai, Annual General Meeting, May 20, 2022 Trust Alliance Information Development Inc.Ltd.Shanghai, Annual General Meeting, May 20, 2022, at 14:00 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 2021 remuneration for directors; to consider 2021 remuneration for supervisors; to consider Fund occupation by controlling shareholders and other related parties; to consider Application for comprehensive credit line to banks; to consider Connected transaction regarding interest-free financing guarantee from a company, Zhang Shuhua and his spouse for the Company and subsidiaries; to consider 2021 provision for assets impairment; and to consider Reappointment of 2022 audit firm. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.14 loss per share (vs CN¥0.12 loss in 1Q 2021) First quarter 2022 results: CN¥0.14 loss per share (down from CN¥0.12 loss in 1Q 2021). Revenue: CN¥23.8m (down 68% from 1Q 2021). Net loss: CN¥29.2m (loss widened 21% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Le Jiajin was the last independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 26
Third quarter 2021 earnings released: CN¥0.037 loss per share (vs CN¥0.021 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥143.1m (down 18% from 3Q 2020). Net loss: CN¥7.67m (down 275% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 01
Second quarter 2021 earnings released The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: CN¥93.9m (down 56% from 2Q 2020). Net income: CN¥15.0m (down 17% from 2Q 2020). Profit margin: 16% (up from 8.5% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 30
First quarter 2021 earnings released: CN¥0.12 loss per share (vs CN¥0.14 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¥74.0m (up 255% from 1Q 2020). Net loss: CN¥24.1m (loss narrowed 13% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 15
New 90-day high: CN¥13.00 The company is up 7.0% from a price of CN¥12.15 on 15 December 2020. Outperformed the Chinese market which is flat over the last 90 days. Exceeded the IT industry, which is down 15% over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥10.36 The company is down 20% from its price of CN¥12.91 on 30 September 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 19% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥11.58 The company is down 13% from its price of CN¥13.30 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 18% over the same period. Is New 90 Day High Low • Oct 26
New 90-day high: CN¥15.44 The company is up 30% from its price of CN¥11.89 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 2.0% over the same period. Announcement • Oct 06
Trust Alliance Information Development Inc. Ltd. Shanghai announced that it expects to receive CNY 50 million in funding Zhongxin Information Development Inc., Ltd. Shanghai (SZSE:300469) announced that it will issue 24,398,784 shares for gross proceeds of not more than CNY 50,000,000 on December 19, 2018. The transaction will include participation from not more than 5 investors. The transaction has been approved in the 22nd meeting of the 4th directorate. The transaction is subject to approval from the shareholders of the company, China Securities Regulatory Commission, and the second approval from the company's directorate. Announcement • Aug 13
Trust Alliance Information Development Inc. Ltd. Shanghai to Report First Half, 2020 Results on Aug 28, 2020 Trust Alliance Information Development Inc. Ltd. Shanghai announced that they will report first half, 2020 results on Aug 28, 2020