Announcement • Jun 30
Guangzhou Sie Consulting Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Guangzhou Sie Consulting Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 New Risk • May 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 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. This is currently the only risk that has been identified for the company. Announcement • Apr 29
Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 19, 2026 Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 20F, Building 1, No. 1, Cuizhi Road, Daliang Town, Shunde District, Foshan, Guangdong China New Risk • Apr 29
New major risk - Revenue and earnings growth Earnings have declined by 13% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.26 loss per share (vs CN¥0.34 profit in FY 2024) Full year 2025 results: CN¥0.26 loss per share (down from CN¥0.34 profit in FY 2024). Revenue: CN¥2.07b (down 14% from FY 2024). Net loss: CN¥107.2m (down 177% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Mar 31
Guangzhou Sie Consulting Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Guangzhou Sie Consulting Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Guangzhou Sie Consulting Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Guangzhou Sie Consulting Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.023 (vs CN¥0.16 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.023 (down from CN¥0.16 in 3Q 2024). Revenue: CN¥598.8m (down 5.6% from 3Q 2024). Net income: CN¥9.41m (down 86% from 3Q 2024). Profit margin: 1.6% (down from 10% in 3Q 2024). 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. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Guangzhou Sie Consulting Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Guangzhou Sie Consulting Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 25
Second quarter 2025 earnings released: CN¥0.016 loss per share (vs CN¥0.023 profit in 2Q 2024) Second quarter 2025 results: CN¥0.016 loss per share (down from CN¥0.023 profit in 2Q 2024). Revenue: CN¥412.7m (down 22% from 2Q 2024). Net loss: CN¥6.31m (down 168% from profit in 2Q 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 fallen by 17% 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
Guangzhou Sie Consulting Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Guangzhou Sie Consulting Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • May 22
Dividend reduced to CN¥0.07 Dividend of CN¥0.07 is 36% lower than last year. Ex-date: 27th May 2025 Payment date: 27th May 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.8%. Price Target Changed • Apr 30
Price target increased by 13% to CN¥27.23 Up from CN¥24.02, the current price target is an average from 4 analysts. New target price is 15% below last closing price of CN¥32.20. Stock is up 86% over the past year. The company is forecast to post earnings per share of CN¥0.54 for next year compared to CN¥0.34 last year. New Risk • Apr 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin). Reported Earnings • Apr 25
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥0.34 (down from CN¥0.63 in FY 2023). Revenue: CN¥2.40b (up 6.3% from FY 2023). Net income: CN¥139.4m (down 45% from FY 2023). Profit margin: 5.8% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 49%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Apr 25
Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 15, 2025 Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: 20F, Building 1, No. 1, Cuizhi Road, Daliang County, Shunde District, Foshan, Guangdong China Announcement • Mar 31
Guangzhou Sie Consulting Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Guangzhou Sie Consulting Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥32.65, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 44x in the Software industry in China. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥29.30, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 52x in the Software industry in China. Total returns to shareholders of 8.7% over the past three years. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥23.48, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 53x in the Software industry in China. Total loss to shareholders of 9.0% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥20.24, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 43x in the Software industry in China. Total loss to shareholders of 26% over the past three years. Announcement • Dec 31
Guangzhou Sie Consulting Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Guangzhou Sie Consulting Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥21.02, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 46x in the Software industry in China. Total loss to shareholders of 26% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.26 in 3Q 2023). Revenue: CN¥634.2m (up 1.4% from 3Q 2023). Net income: CN¥64.9m (down 39% from 3Q 2023). Profit margin: 10% (down from 17% in 3Q 2023). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 48%. 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. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥18.72, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 37x in the Software industry in China. Total loss to shareholders of 21% over the past three years. 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 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Announcement • Sep 30
Guangzhou Sie Consulting Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Guangzhou Sie Consulting Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥15.39, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 31% over the past three years. Price Target Changed • Aug 31
Price target decreased by 9.7% to CN¥20.88 Down from CN¥23.13, the current price target is an average from 2 analysts. New target price is 65% above last closing price of CN¥12.67. Stock is down 41% over the past year. The company is forecast to post earnings per share of CN¥0.69 for next year compared to CN¥0.63 last year. Buy Or Sell Opportunity • Aug 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 30% to CN¥12.28. The fair value is estimated to be CN¥15.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 5.2%. Revenue is forecast to grow by 59% in 2 years. Earnings are forecast to grow by 41% in the next 2 years. Announcement • Jun 29
Guangzhou Sie Consulting Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Guangzhou Sie Consulting Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Buy Or Sell Opportunity • May 27
Now 20% overvalued Over the last 90 days, the stock has fallen 18% to CN¥15.81. The fair value is estimated to be CN¥13.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 5.2%. Revenue is forecast to grow by 63% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. Price Target Changed • May 23
Price target decreased by 11% to CN¥26.09 Down from CN¥29.22, the current price target is an average from 3 analysts. New target price is 64% above last closing price of CN¥15.95. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥0.77 for next year compared to CN¥0.63 last year. Declared Dividend • May 23
Dividend of CN¥0.11 announced Shareholders will receive a dividend of CN¥0.11. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 101% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • May 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Major Estimate Revision • May 01
Consensus revenue estimates fall by 16% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.12b to CN¥2.63b. EPS estimate fell from CN¥0.878 to CN¥0.778 per share. Net income forecast to grow 15% next year vs 56% growth forecast for Software industry in China. Consensus price target down from CN¥29.22 to CN¥28.59. Share price was steady at CN¥17.30 over the past week. Announcement • Apr 27
Guangzhou Sie Consulting Co., Ltd. Proposes Cash Dividend for 2023 Guangzhou Sie Consulting Co., Ltd. announced on 25 April 2024 the profit distribution proposal for 2023: cash dividend/10 shares (tax included) of CNY 1.10000000. Reported Earnings • Apr 26
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: EPS: CN¥0.05 (up from CN¥0.043 loss in 1Q 2023). Revenue: CN¥540.4m (up 4.5% from 1Q 2023). Net income: CN¥20.4m (up CN¥37.9m from 1Q 2023). Profit margin: 3.8% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 53%. Revenue is forecast to grow 25% p.a. on average during the next 3 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 4% per year whereas the company’s share price has remained flat. Announcement • Apr 26
Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 15, 2024 Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: 20F, Building 1, No. 1, Cuizhi Road, Daliang County, Shunde District, Foshan, Guangdong China Price Target Changed • Apr 25
Price target decreased by 7.1% to CN¥28.59 Down from CN¥30.77, the current price target is an average from 4 analysts. New target price is 75% above last closing price of CN¥16.37. Stock is down 43% over the past year. The company is forecast to post earnings per share of CN¥0.68 for next year compared to CN¥0.63 last year. Buy Or Sell Opportunity • Apr 17
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to CN¥16.22. The fair value is estimated to be CN¥13.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 92% in the next 2 years. Announcement • Mar 30
Guangzhou Sie Consulting Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Guangzhou Sie Consulting Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Buy Or Sell Opportunity • Feb 06
Now 23% overvalued Over the last 90 days, the stock has fallen 42% to CN¥14.93. The fair value is estimated to be CN¥12.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 92% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥13.84, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Software industry in China. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.29 per share. Price Target Changed • Feb 02
Price target decreased by 11% to CN¥29.22 Down from CN¥32.74, the current price target is an average from 4 analysts. New target price is 92% above last closing price of CN¥15.22. Stock is down 57% over the past year. The company is forecast to post earnings per share of CN¥0.69 for next year compared to CN¥0.63 last year. Announcement • Dec 29
Guangzhou Sie Consulting Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Guangzhou Sie Consulting Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Announcement • Dec 13
Guangzhou Sie Consulting Co., Ltd. (SZSE:300687) announces an Equity Buyback for CNY 40 million worth of its shares. Guangzhou Sie Consulting Co., Ltd. (SZSE:300687) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its A shares. The shares will be repurchased at a price not more than CNY 37.14 per share. The repurchased shares will be used for ESOP or equity incentives. The authorization will be valid for a period of 12 months. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.23 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.23 in 3Q 2022). Revenue: CN¥625.3m (flat on 3Q 2022). Net income: CN¥106.3m (up 17% from 3Q 2022). Profit margin: 17% (up from 15% in 3Q 2022). Revenue is forecast to grow 26% 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 8% per year whereas the company’s share price has increased by 10% per year. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥24.72, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.71 per share. Major Estimate Revision • Sep 05
Consensus revenue estimates fall by 10% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.98b to CN¥2.67b. EPS estimate fell from CN¥0.86 to CN¥0.727 per share. Net income forecast to grow 67% next year vs 79% growth forecast for Software industry in China. Consensus price target down from CN¥40.00 to CN¥32.74. Share price rose 13% to CN¥23.67 over the past week. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.098 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.098 (down from CN¥0.14 in 2Q 2022). Revenue: CN¥539.8m (up 1.1% from 2Q 2022). Net income: CN¥39.6m (down 26% from 2Q 2022). Profit margin: 7.3% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% 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 14% per year and the company’s share price has also increased by 14% per year. New Risk • Jul 11
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Announcement • May 25
Guangzhou Sie Consulting Co., Ltd. Implements Final Profit Distribution Plan of A Shares for 2022, Payable on 01 June 2023 Guangzhou Sie Consulting Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.25000000. Record date: 31 May 2023, Ex-date: 01 June 2023, Payment date: 01 June 2023. Net cash dividend/10 shares after tax: CNY 1.12500000 (CNY 1.25000000 - CNY 0.12500000). Announcement • May 23
Guangzhou Sie Consulting Co., Ltd. Approves Cash Dividend for 2022 Guangzhou Sie Consulting Co., Ltd. at its AGM, held on 19 May 2023, approved Cash dividend/10 shares (tax included): CNY 1.25000000 for 2022. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥29.73, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 42x in the Software industry in China. Total returns to shareholders of 184% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.29 per share. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥40.00, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 41x in the Software industry in China. Total returns to shareholders of 235% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.52 per share. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥34.62, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 36x in the Software industry in China. Total returns to shareholders of 180% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.17 per share. Price Target Changed • Nov 16
Price target increased to CN¥37.90 Up from CN¥33.40, the current price target is an average from 2 analysts. New target price is 35% above last closing price of CN¥28.05. Stock is up 3.5% over the past year. The company is forecast to post earnings per share of CN¥0.73 for next year compared to CN¥0.63 last year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Zhengang Zhang 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 • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.22 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.21. Revenue: CN¥640.1m (up 28% from 3Q 2021). Net income: CN¥85.0m (up 10.0% from 3Q 2021). Profit margin: 13% (down from 16% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.13 in 2Q 2021). Revenue: CN¥533.9m (up 9.9% from 2Q 2021). Net income: CN¥53.8m (up 22% from 2Q 2021). Profit margin: 10% (up from 9.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 42%, compared to a 33% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 39% per year. Announcement • Jun 24
Guangzhou Sie Consulting Co., Ltd. (SZSE:300687) commences an Equity Buyback Plan for CNY 100 million worth of its shares, under the authorization approved on May 20, 2022. Guangzhou Sie Consulting Co., Ltd. (SZSE:300687) commences share repurchases on June 22, 2022, under the program mandated by the shareholders in the Annual General Meeting of Shareholders held on May 20, 2022. As per the mandate, the company is authorized to repurchase up to CNY 100 million worth of shares. The shares will be repurchased at a price of CNY 28.89 per share. The repurchases will be made using own funds of the company. The repurchased shares will be used for the implementation of equity incentives plan or employee stock ownership plan. The program is valid for 12 months. Announcement • May 27
Guangzhou Sie Consulting Co., Ltd. Announces Cash Dividend, Payable on June 1, 2022 Guangzhou Sie Consulting Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 1.13000000. Record date as 31 May 2022, ex-date as 01 June 2022 and payment date as 01 June 2022. Announcement • May 24
Guangzhou Sie Consulting Approves Cash Dividend for 2021 Guangzhou Sie Consulting Co., Ltd. at the AGM held on May 20, 2022 approved Cash dividend/10 shares (tax included) of CNY 1.13000000. Price Target Changed • May 17
Price target increased to CN¥33.40 Up from CN¥30.38, the current price target is an average from 3 analysts. New target price is 55% above last closing price of CN¥21.59. Stock is up 18% over the past year. The company is forecast to post earnings per share of CN¥0.77 for next year compared to CN¥0.63 last year. Reported Earnings • Apr 28
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.63 (up from CN¥0.51 in FY 2020). Revenue: CN¥1.93b (up 40% from FY 2020). Net income: CN¥224.5m (up 28% from FY 2020). Profit margin: 12% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 43%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 32% 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 • Apr 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥19.38, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 25x in the Software industry in China. Total returns to shareholders of 77% over the past three years. Announcement • Apr 01
Guangzhou Sie Consulting Co., Ltd. Announces Board Appointments Guangzhou Sie Consulting Co., Ltd. held its 3rd Extraordinary General Meeting of 2022 on 30 March 2022, during which the following proposal(s) was/were approved: Election of non-independent directors, cumulative voting system applicable: Zhang Chengkang, Liu Weichao, Liu Guohua, Zhao Jun. Election of independent directors, cumulative voting system applicable: Zhang Zhengang, Han Ling and Jiang Qi. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.63 (up from CN¥0.51 in FY 2020). Revenue: CN¥1.93b (up 40% from FY 2020). Net income: CN¥228.3m (up 30% from FY 2020). Profit margin: 12% (in line with FY 2020). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 33%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 33% per year. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.18 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥499.7m (up 18% from 3Q 2020). Net income: CN¥77.2m (up 24% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.19 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥485.9m (up 64% from 2Q 2020). Net income: CN¥44.3m (up 2.4% from 2Q 2020). Profit margin: 9.1% (down from 15% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥24.88, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 34x in the Software industry in China. Total returns to shareholders of 204% over the past three years. Announcement • May 25
Guangzhou Sie Consulting Co., Ltd. Announces to Implement Final Profit Distribution Plan (A Shares) for 2020, Payable on May 28, 2021 Guangzhou Sie Consulting Co., Ltd. announced 2020 final profit distribution plan to be implemented (A shares). The company announced cash dividend (tax included) of CNY 1.70000000 per 10 A Shares for the year 2020. Record date is May 27, 2021; ex-date is May 28, 2021 and payment date is May 28, 2021. Announcement • May 21
Guangzhou Sie Consulting Co., Ltd. Approves Cash Dividend for 2020 Guangzhou Sie Consulting Co., Ltd. approved cash dividend of CNY 1.70000000 per 10 shares (tax included) for 2020, at its AGM held on 18 May 2021. Announcement • Apr 29
Guangzhou Sie Consulting Co., Ltd. Proposes Final Cash Dividend for the Year 2020 Guangzhou Sie Consulting Co., Ltd. proposed final cash dividend/10 shares (tax included): CNY 1.70000000 for the year 2020. Reported Earnings • Apr 28
Full year 2020 earnings released: EPS CN¥0.81 (vs CN¥0.31 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.39b (up 29% from FY 2019). Net income: CN¥176.1m (up 165% from FY 2019). Profit margin: 13% (up from 6.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥28.75, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 35x in the Software industry in China. Total returns to shareholders of 25% over the past three years. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue behind estimates Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 35%, compared to a 41% growth forecast for the Software industry in China. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.81 (vs CN¥0.31 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.40b (up 30% from FY 2019). Net income: CN¥175.1m (up 164% from FY 2019). Profit margin: 13% (up from 6.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Mar 01
New 90-day high: CN¥31.14 The company is up 26% from its price of CN¥24.67 on 01 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed 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¥1.97 per share. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥31.14, the stock is trading at a trailing P/E ratio of 53.6x, up from the previous P/E ratio of 46.5x. This compares to an average P/E of 52x in the Software industry in China. Total returns to shareholders over the past three years are 67%. Is New 90 Day High Low • Jan 14
New 90-day high: CN¥29.36 The company is up 9.0% from its price of CN¥26.83 on 16 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 7.0% over the same period. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥28.77, the stock is trading at a trailing P/E ratio of 49.6x, up from the previous P/E ratio of 42.2x. 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 61%. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥21.81 The company is down 1.0% from its price of CN¥22.13 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 4.0% over the same period. Is New 90 Day High Low • Nov 04
New 90-day high: CN¥29.09 The company is up 30% from its price of CN¥22.30 on 06 August 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 13% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥124.2m, up 29% from the prior year. Total revenue was CN¥1.28b over the last 12 months, up 21% from the prior year. Valuation Update With 7 Day Price Move • Oct 13
Market bids up stock over the past week After last week's 18% share price gain to CN¥27.60, the stock is trading at a trailing P/E ratio of 58.8x, up from the previous P/E ratio of 49.6x. This compares to an average P/E of 69x in the Software industry in China. Total returns to shareholders over the past three years are 35%. Is New 90 Day High Low • Oct 13
New 90-day high: CN¥27.60 The company is up 15% from its price of CN¥23.90 on 15 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 13% over the same period.