Announcement • Jun 30
GuoChuang Software Co.,Ltd. to Report First Half, 2026 Results on Aug 25, 2026 GuoChuang Software Co.,Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Announcement • Jun 05
Beijing Zhide Longteng Fund Management Co., Ltd. cancelled the acquisition of 5% stake in GuoChuang Software Co.,Ltd. (SZSE:300520) from Hefei Guochuang Intelligent Technology Co., Ltd. Beijing Zhide Longteng Fund Management Co., Ltd. signed an agreement to acquire 5% stake in GuoChuang Software Co.,Ltd. (SZSE:300520) from Hefei Guochuang Intelligent Technology Co., Ltd. for approximately CNY 550 million on February 9, 2026. As part of acquisition, 14,610,000 shares will be acquired for CNY 37.43 per share. As part of consideration, CNY 5 million will be paid Within 10 business days from the date of signing and announcement of Agreement, CNY 273,426,150 will be paid Within 20 business days from the date the transaction is approved for compliance by the Shenzhen Stock Exchange and confirmation is obtained and remaining CNY 268,426,150 will be paid Within 20 business days from the date the transfer registration procedures are completed at the securities registration and settlement institution and confirmation of securities transfer registration is obtained. After completion of transaction, Beijing Zhide Longteng Fund Management will hold 5% stake and Hefei Guochuang Intelligent Technology will hold 14.14% stake.
The transaction is subject to the Shenzhen Stock Exchange.
Beijing Zhide Longteng Fund Management Co., Ltd. cancelled the acquisition of 5% stake in GuoChuang Software Co.,Ltd. (SZSE:300520) from Hefei Guochuang Intelligent Technology Co., Ltd. on June 3, 2026. New Risk • May 21
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¥336m 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¥336m free cash flow). Earnings have declined by 45% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). 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¥336m 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¥336m free cash flow). Earnings have declined by 45% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Reported Earnings • Apr 28
Full year 2025 earnings released: CN¥0.63 loss per share (vs CN¥0.03 loss in FY 2024) Full year 2025 results: CN¥0.63 loss per share (further deteriorated from CN¥0.03 loss in FY 2024). Revenue: CN¥1.47b (down 23% from FY 2024). Net loss: CN¥184.0m (loss widened CN¥175.8m from FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 28
GuoChuang Software Co.,Ltd., Annual General Meeting, May 19, 2026 GuoChuang Software Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China Announcement • Mar 31
GuoChuang Software Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 GuoChuang Software Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Buy Or Sell Opportunity • Jan 28
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 2.7% to CN¥47.08. The fair value is estimated to be CN¥37.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jan 12
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 83% to CN¥48.52. The fair value is estimated to be CN¥37.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Announcement • Dec 31
GuoChuang Software Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 GuoChuang Software Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.19 loss per share (vs CN¥0.085 loss in 3Q 2024) Third quarter 2025 results: CN¥0.19 loss per share (further deteriorated from CN¥0.085 loss in 3Q 2024). Revenue: CN¥289.4m (down 24% from 3Q 2024). Net loss: CN¥55.7m (loss widened 100% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 27
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 47% to CN¥36.90. The fair value is estimated to be CN¥30.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.5% over the last 3 years. Meanwhile, the company became loss making. Announcement • Sep 30
GuoChuang Software Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 GuoChuang Software Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Buy Or Sell Opportunity • Sep 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.2% to CN¥23.91. The fair value is estimated to be CN¥30.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.5% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 19
Second quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.095 loss in 2Q 2024) Second quarter 2025 results: CN¥0.13 loss per share (further deteriorated from CN¥0.095 loss in 2Q 2024). Revenue: CN¥255.4m (down 27% from 2Q 2024). Net loss: CN¥36.6m (loss widened 43% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Jul 02
GuoChuang Software Co.,Ltd. to Report First Half, 2025 Results on Aug 19, 2025 GuoChuang Software Co.,Ltd. announced that they will report first half, 2025 results on Aug 19, 2025 Announcement • Apr 30
GuoChuang Software Co.,Ltd. (SZSE:300520) announces an Equity Buyback for CNY 40 million worth of its shares. GuoChuang Software Co.,Ltd. (SZSE:300520) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 40 million worth of its A shares. The shares will be repurchased at a price not more than CNY 30 per share. The repurchased shares will be used for the implementation of equity incentive or employee shareholding plan. The program will be valid for a period of 12 months. Announcement • Apr 29
GuoChuang Software Co.,Ltd., Annual General Meeting, May 20, 2025 GuoChuang Software Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Announcement • Mar 31
GuoChuang Software Co.,Ltd. to Report Q1, 2025 Results on Apr 22, 2025 GuoChuang Software Co.,Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 Announcement • Dec 31
GuoChuang Software Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 GuoChuang Software Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 New Risk • Nov 25
New major risk - Revenue and earnings growth Earnings have declined by 71% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥491m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 71% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). New Risk • Oct 28
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¥491m 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 Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥491m free cash flow). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Reported Earnings • Oct 28
Third quarter 2024 earnings released: CN¥0.085 loss per share (vs CN¥0.071 profit in 3Q 2023) Third quarter 2024 results: CN¥0.085 loss per share (down from CN¥0.071 profit in 3Q 2023). Revenue: CN¥379.8m (down 42% from 3Q 2023). Net loss: CN¥27.8m (down 254% from profit in 3Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
GuoChuang Software Co.,Ltd. to Report Q3, 2024 Results on Oct 28, 2024 GuoChuang Software Co.,Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Announcement • Jun 29
GuoChuang Software Co.,Ltd. to Report First Half, 2024 Results on Aug 17, 2024 GuoChuang Software Co.,Ltd. announced that they will report first half, 2024 results on Aug 17, 2024 Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.01 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.01 in 1Q 2023). Revenue: CN¥307.8m (down 43% from 1Q 2023). Net income: CN¥5.89m (up 147% from 1Q 2023). Profit margin: 1.9% (up from 0.4% in 1Q 2023). Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Announcement • Apr 23
GuoChuang Software Co.,Ltd., Annual General Meeting, May 14, 2024 GuoChuang Software Co.,Ltd., Annual General Meeting, May 14, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China New Risk • Apr 04
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 12% 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 (12% average weekly change). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding). Announcement • Mar 30
GuoChuang Software Co.,Ltd. to Report Q1, 2024 Results on Apr 23, 2024 GuoChuang Software Co.,Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Announcement • Feb 05
GuoChuang Software Co.,Ltd. (SZSE:300520) announces an Equity Buyback for CNY 40 million worth of its shares. GuoChuang Software Co.,Ltd. (SZSE:300520) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 40 million worth of its A shares. The shares will be repurchased at a price not more than CNY 23 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months. 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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Announcement • Dec 29
GuoChuang Software Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 GuoChuang Software Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 New Risk • Dec 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.071 (vs CN¥0.03 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.071 (up from CN¥0.03 loss in 3Q 2022). Revenue: CN¥657.8m (up 24% from 3Q 2022). Net income: CN¥18.0m (up CN¥25.6m from 3Q 2022). Profit margin: 2.7% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.17 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥579.5m (up 23% from 2Q 2022). Net income: CN¥44.3m (up 14% from 2Q 2022). Profit margin: 7.7% (down from 8.2% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. New Risk • Jun 20
New major risk - Revenue and earnings growth Earnings have declined by 5.7% 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 5.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • May 17
GuoChuang Software Co.,Ltd., Annual General Meeting, Jun 05, 2023 GuoChuang Software Co.,Ltd., Annual General Meeting, Jun 05, 2023, at 14:30 China Standard Time. Agenda: to consider the 2022 work report of the board of directors; to consider the 2022 work report of the supervisory committee; to consider the 2022 annual report and its summary; 2022 annual accounts; to consider the 2023 financial budget report; to consider the 2022 profit distribution plan; to consider the Special report on the deposit and use of raised funds in 2022; to consider the 2023 provision of guarantee quota for subsidiaries; to consider the Application for comprehensive credit line to banks; to consider the Reappointment of 2023 audit firm; to consider the The Company's eligibility for share offering to specific parties; to consider the Plan for 2023 share offering to specific parties; to consider the Preplan for 2023 share offering to specific parties; to consider the Demonstration analysis report on the plan for 2023 share offering to specific parties; and to consider other matters if any. Reported Earnings • Apr 18
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: CN¥0.24 loss per share (down from CN¥0.42 profit in FY 2021). Revenue: CN¥2.40b (up 40% from FY 2021). Net loss: CN¥57.9m (down 155% from profit in FY 2021). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. 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 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥25.96, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 42x in the Software industry in China. Total returns to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥23.36, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 40x in the Software industry in China. Total returns to shareholders of 6.2% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Chengwei Xiao was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥19.76, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 69x in the Software industry in China. Total returns to shareholders of 11% over the past three years. Announcement • Oct 28
Shi Xingling agreed to acquire 20% stake in Keda Guochuang Hefei Intelligent Automobile Technology Co., Ltd. from GuoChuang Software Co.,Ltd. (SZSE:300520) for CNY 0. Shi Xingling agreed to acquire 20% stake in Keda Guochuang Hefei Intelligent Automobile Technology Co., Ltd. from GuoChuang Software Co.,Ltd. (SZSE:300520) for CNY 0 on October 26, 2022. As on June 30, 2022, Keda Guochuang Hefei Intelligent Automobile Technology Co., Ltd. generated total assets of CNY 10.1 million and net assets of CNY 4.3 million. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.03 loss per share (vs CN¥0.022 loss in 3Q 2021) Third quarter 2022 results: CN¥0.03 loss per share (further deteriorated from CN¥0.022 loss in 3Q 2021). Revenue: CN¥529.7m (up 8.4% from 3Q 2021). Net loss: CN¥7.55m (loss widened 59% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Board Change • Aug 30
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Chengwei Xiao was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.13 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.13 in 2Q 2021). Revenue: CN¥469.9m (up 35% from 2Q 2021). Net income: CN¥38.7m (up 15% from 2Q 2021). Profit margin: 8.2% (down from 9.6% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥19.77, the stock trades at a trailing P/E ratio of 45.7x. Average trailing P/E is 53x in the Software industry in China. Total returns to shareholders of 18% over the past three years. Announcement • Jun 01
Guochuang Software Co.,Ltd. Announces Final Cash Dividend on A Shares for 2021, Payable on 08 June 2022 GuoChuang Software Co.,Ltd. final cash dividend of CNY 0.99209300 per 10 shares on A shares for 2021. Record date is 07 June 2022, Ex-date is 08 June 2022 and Payment date is 08 June 2022. Board Change • May 31
High number of new directors CFO, Secretary of Board of Directors & Non-Independent Director Shi Sheng Chu was the last director to join the board, commencing their role in 2022. Announcement • May 13
GuoChuang Software Approves Cash Dividend for 2021 GuoChuang Software Co.,Ltd. held its Annual General Meeting of 2021 on 10 May 2022 approved cash dividend/10 shares (tax included) of CNY 1.00000000. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.097 (vs CN¥0.088 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.097 (up from CN¥0.088 in 1Q 2021). Revenue: CN¥343.0m (up 54% from 1Q 2021). Net income: CN¥23.6m (up 7.8% from 1Q 2021). Profit margin: 6.9% (down from 9.8% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
High number of new directors CFO, Secretary of Board of Directors & Non-Independent Director Shi Sheng Chu was the last director to join the board, commencing their role in 2022. Announcement • Apr 20
GuoChuang Software Co.,Ltd. Proposes Final Cash Dividend for the Year 2021 GuoChuang Software Co.,Ltd. proposed final cash dividend/10 shares (tax included) is CNY 1.00000 for the year 2021. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: CN¥0.42 (vs CN¥0.16 in FY 2020) Full year 2021 results: EPS: CN¥0.42 (up from CN¥0.16 in FY 2020). Revenue: CN¥1.72b (up 14% from FY 2020). Net income: CN¥104.6m (up 160% from FY 2020). Profit margin: 6.1% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year. Announcement • Apr 12
GuoChuang Software Co.,Ltd.'s EGM Approves the Executive Changes GuoChuang Software Co.,Ltd. held its 2nd Extraordinary General Meeting of 2022 on 08 April 2022, during which the following proposals were approved: Election and nomination of non-independent directors, cumulative voting system applicable Dong Yongdong, Shi Xingling, Cheng Xianle, Li Fei, Chu Shisheng, Ji Jinlong; Election and nomination of independent directors, cumulative voting system applicable, Feng Hua, Li Yaokuang, Xiao Chengwei; Election and nomination of non-employee supervisors, cumulative voting system applicable, Chen Fangyou, Wang Zihua. Reported Earnings • Oct 23
Third quarter 2021 earnings released: CN¥0.022 loss per share (vs CN¥0.05 profit in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥488.6m (up 64% from 3Q 2020). Net loss: CN¥4.75m (down 137% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.23 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥348.1m (down 27% from 2Q 2020). Net income: CN¥33.6m (down 40% from 2Q 2020). Profit margin: 9.6% (down from 12% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥22.65, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 34x in the Software industry in China. Total returns to shareholders of 16% over the past three years. Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥0.16 (vs CN¥0.49 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.51b (down 3.7% from FY 2019). Net income: CN¥40.3m (down 66% from FY 2019). Profit margin: 2.7% (down from 7.6% in FY 2019). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Mar 09
GuoChuang Software Co.,Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021 GuoChuang Software Co.,Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021 Is New 90 Day High Low • Jan 28
New 90-day low: CN¥17.82 The company is down 37% from its price of CN¥28.38 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 Software industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥19.43 The company is down 19% from its price of CN¥24.05 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 21
New 90-day low: CN¥22.28 The company is down 2.0% from its price of CN¥22.72 on 22 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 5.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥120.5m, up 51% from the prior year. Total revenue was CN¥1.52b over the last 12 months, largely unchanged from the prior year. Valuation Update With 7 Day Price Move • Oct 28
Market pulls back on stock over the past week After last week's 23% share price decline to CN¥29.71, the stock is trading at a trailing P/E ratio of 55.8x, down from the previous P/E ratio of 72.8x. This compares to an average P/E of 65x in the Software industry in China. Total returns to shareholders over the past three years were flat. Valuation Update With 7 Day Price Move • Oct 19
Market bids up stock over the past week After last week's 29% share price gain to CN¥32.76, the stock is trading at a trailing P/E ratio of 61.5x, up from the previous P/E ratio of 47.7x. This compares to an average P/E of 67x in the Software industry in China. Total returns to shareholders over the past three years are 14%. Valuation Update With 7 Day Price Move • Oct 13
Market bids up stock over the past week After last week's 16% share price gain to CN¥25.91, the stock is trading at a trailing P/E ratio of 48.7x, up from the previous P/E ratio of 41.9x. This compares to an average P/E of 69x in the Software industry in China. Total return to shareholders over the past three years is a loss of 15%. Is New 90 Day High Low • Oct 09
New 90-day high: CN¥24.05 The company is up 18% from its price of CN¥20.41 on 10 July 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 18% over the same period. Announcement • Aug 06
GuoChuang Software Co.,Ltd. to Report First Half, 2020 Results on Aug 25, 2020 GuoChuang Software Co.,Ltd. announced that they will report first half, 2020 results on Aug 25, 2020