New Risk • Jul 01
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 8.8% 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 • Jun 30
Tansun Technology Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Tansun Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Reported Earnings • Apr 24
Full year 2025 earnings released: CN¥0.29 loss per share (vs CN¥0.21 profit in FY 2024) Full year 2025 results: CN¥0.29 loss per share (down from CN¥0.21 profit in FY 2024). Revenue: CN¥1.78b (flat on FY 2024). Net loss: CN¥138.1m (down 278% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Mar 31
Tansun Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Tansun Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Feb 09
New major risk - Revenue and earnings growth Earnings have declined by 14% 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 14% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin). Announcement • Dec 31
Tansun Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Tansun Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Board Change • Dec 08
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 Yanhua Cheng was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.013 (vs CN¥0.014 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.013 (up from CN¥0.014 loss in 3Q 2024). Revenue: CN¥519.6m (up 9.6% from 3Q 2024). Net income: CN¥6.73m (up CN¥12.6m from 3Q 2024). Profit margin: 1.3% (up from net loss 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 increased by 2% 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 • Oct 14
Tansun Technology Co., Ltd. Approves Election of Cheng Yanhua as Independent Director Tansun Technology Co., Ltd. announced at second extraordinary general meeting of 2025 held on 10 October 2025, the shareholders approved election of Cheng Yanhua as independent director of the company. Announcement • Sep 30
Tansun Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Tansun Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Sep 19
Tansun Technology Co., Ltd. (SZSE:300872) agreed to acquire 5.02% stake in Capitalonline Data Service Co., Ltd. (SZSE:300846) from Nanjing Yunzhituo Venture Capital Partnership (Limited Partnership) for approximately CNY 440 million. Tansun Technology Co., Ltd. (SZSE:300872) agreed to acquire 5.02% stake in Capitalonline Data Service Co., Ltd. (SZSE:300846) from Nanjing Yunzhituo Venture Capital Partnership (Limited Partnership) for approximately CNY 440 million on September 18, 2025. A cash consideration of CNY 443.65 million valued at CNY 17.6 per share will be paid by Tansun Technology Co., Ltd. As part of consideration, CNY 443.65 million is paid towards common equity of Capitalonline Data Service Co., Ltd. New Risk • Jul 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Shareholders have been diluted in the past year (17% increase in shares outstanding). Announcement • Jul 02
Tansun Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Tansun Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Declared Dividend • May 23
Dividend of CN¥0.05 announced Dividend of CN¥0.05 is the same as last year. Ex-date: 27th May 2025 Payment date: 27th May 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is not covered by earnings (156% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 73% to bring the payout ratio under control. However, EPS has declined by 36% over the last 5 years so the company would need to reverse this trend. New Risk • May 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 94% 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 Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). New Risk • May 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 344% 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 Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). New Risk • Apr 29
New major risk - Revenue and earnings growth Earnings have declined by 2.2% 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 2.2% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Reported Earnings • Apr 25
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.21 (down from CN¥0.29 in FY 2023). Revenue: CN¥1.77b (down 8.8% from FY 2023). Net income: CN¥77.5m (down 34% from FY 2023). Profit margin: 4.4% (down from 6.0% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 17% 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 increased by 30% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Apr 25
Tansun Technology Co., Ltd., Annual General Meeting, May 15, 2025 Tansun Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: 22F, Block 2B, Wangjing SOHOB Tower, Chaoyang District, Beijing China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥12.82, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 44x in the Software industry in China. Total loss to shareholders of 19% over the past three years. Announcement • Mar 31
Tansun Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Tansun Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Mar 17
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 8.2% 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 (8.2% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥17.90, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 54x in the Software industry in China. Total loss to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥14.59, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 41x in the Software industry in China. Total loss to shareholders of 26% over the past three years. Announcement • Dec 31
Tansun Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Tansun Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.014 loss per share (vs CN¥0.081 profit in 3Q 2023) Third quarter 2024 results: CN¥0.014 loss per share (down from CN¥0.081 profit in 3Q 2023). Revenue: CN¥473.9m (down 3.7% from 3Q 2023). Net loss: CN¥5.89m (down 115% from profit in 3Q 2023). Revenue is forecast to grow 13% 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 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Oct 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% 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. 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 Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (11% increase in shares outstanding). Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥18.35, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 41x in the Software industry in China. Total returns to shareholders of 9.6% over the past three years. Announcement • Sep 30
Tansun Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Tansun Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 New Risk • Sep 27
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 6.8% 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 (6.8% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥12.78, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 23% over the past three years. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0 (vs CN¥0.015 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0 (improved from CN¥0.015 loss in 2Q 2023). Revenue: CN¥440.9m (down 3.8% from 2Q 2023). Net income: CN¥134.1k (up CN¥5.51m from 2Q 2023). Profit margin: 0% (up from net loss in 2Q 2023). Revenue is forecast to grow 12% 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 6% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Board Change • Aug 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. 2 highly experienced directors. GM & Chairman Jianping Ouyang is the most experienced director on the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 29
Tansun Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Tansun Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • May 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 38% 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. Announcement • Apr 23
Tansun Technology Co., Ltd., Annual General Meeting, May 13, 2024 Tansun Technology Co., Ltd., Annual General Meeting, May 13, 2024, at 14:00 China Standard Time. Location: 22F, Block 2B, Wangjing SOHOB Tower, Chaoyang District, Beijing China Reported Earnings • Apr 22
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.29 (up from CN¥0.15 in FY 2022). Revenue: CN¥1.94b (down 2.0% from FY 2022). Net income: CN¥116.7m (up 92% from FY 2022). Profit margin: 6.0% (up from 3.1% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 9.4%. Revenue is forecast to grow 24% 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, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
Tansun Technology Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Tansun Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Mar 15
Zhongtai Securities (Shanghai) Asset Management Co.,Ltd. completed the acquisition of 5.02% stake in Tansun Technology Co., Ltd. (SZSE:300872) from Lianyungang Haohong Intelligent Industry Venture Capital Partnership (Limited Partnership). Zhongtai Securities (Shanghai) Asset Management Co.,Ltd. entered into Share Transfer Agreement to acquire 5.02% stake in Tansun Technology Co., Ltd. (SZSE:300872) from Lianyungang Haohong Intelligent Industry Venture Capital Partnership (Limited Partnership) for approximately CNY 240 million on February 26, 2024. Zhongtai Securities (Shanghai) Asset Management Co.,Ltd. completed the acquisition of 5.02% stake in Tansun Technology Co., Ltd. (SZSE:300872) from Lianyungang Haohong Intelligent Industry Venture Capital Partnership (Limited Partnership) on March 13, 2024. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥10.36, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 43% over the past three years. Announcement • Dec 30
Tansun Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024 Tansun Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024 Board Change • Oct 28
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 Li Liu 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 26
Third quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.021 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.081 (up from CN¥0.021 in 3Q 2022). Revenue: CN¥491.9m (up 8.2% from 3Q 2022). Net income: CN¥39.0m (up 299% from 3Q 2022). Profit margin: 7.9% (up from 2.1% in 3Q 2022). Revenue is forecast to grow 18% 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 fallen by 45% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Tansun Technology Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Tansun Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.015 loss per share (vs CN¥0.055 profit in 2Q 2022) Second quarter 2023 results: CN¥0.015 loss per share (down from CN¥0.055 profit in 2Q 2022). Revenue: CN¥458.2m (up 1.1% from 2Q 2022). Net loss: CN¥5.38m (down 126% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 25
Full year 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.24 in FY 2021) Full year 2022 results: EPS: CN¥0.15 (down from CN¥0.24 in FY 2021). Revenue: CN¥1.98b (up 11% from FY 2021). Net income: CN¥60.7m (down 39% from FY 2021). Profit margin: 3.1% (down from 5.6% in FY 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.021 (vs CN¥0.11 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.021 (down from CN¥0.11 in 3Q 2021). Revenue: CN¥454.6m (down 4.0% from 3Q 2021). Net income: CN¥9.76m (down 78% from 3Q 2021). Profit margin: 2.1% (down from 9.2% in 3Q 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Announcement • Oct 12
Tansun Technology Co., Ltd. Announces Executive Appointments Tansun Technology Co., Ltd. at its 3rd Extraordinary General Meeting of 2022 on 10 October 2022 approved Shi Haifeng as non-independent directors, Liu Li as independent directors and Yang Qiuyun and Mao Lejun as non-employee supervisors. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.055 (vs CN¥0.17 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.055 (down from CN¥0.17 in 2Q 2021). Revenue: CN¥453.0m (up 17% from 2Q 2021). Net income: CN¥20.5m (down 68% from 2Q 2021). Profit margin: 4.5% (down from 17% in 2Q 2021). The decrease in margin was driven by higher expenses. Announcement • May 27
Tansun Technology Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on May 31, 2022 Tansun Technology Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for the year 2021. Record date is May 30, 2022. Ex-date is May 31, 2022. Payment date is May 31, 2022. Announcement • May 20
Tansun Technology Co., Ltd. Approves Cash Dividend for the Year of 2021 Tansun Technology Co., Ltd. at its AGM held on 18 May 2022 approved cash dividend per 10 shares (tax included) of CNY 1.00000000 for the year of 2021. Announcement • Apr 28
Tansun Technology Co., Ltd. Proposes Final Dividend for the Year 2021 Tansun Technology Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2021. Reported Earnings • Apr 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.44 (down from CN¥0.71 in FY 2020). Revenue: CN¥1.78b (up 35% from FY 2020). Net income: CN¥99.0m (down 26% from FY 2020). Profit margin: 5.6% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 47%. Over the next year, revenue is forecast to grow 38%, compared to a 31% growth forecast for the industry in China. 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¥27.76, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Software industry in China. Total loss to shareholders of 23% over the past year. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥38.08, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 31x in the Software industry in China. Total returns to shareholders of 22% over the past year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.20 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¥473.3m (up 25% from 3Q 2020). Net income: CN¥43.7m (up 17% from 3Q 2020). Profit margin: 9.2% (in line with 3Q 2020). Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.42 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥388.2m (up 19% from 2Q 2020). Net income: CN¥64.7m (down 11% from 2Q 2020). Profit margin: 17% (down from 22% in 2Q 2020). Announcement • Jun 01
Tansun Technology Co., Ltd. Announces Final Cash Dividend for the Year 2020, Payable on 07 June 2021 Tansun Technology Co., Ltd. announced final cash dividend (tax included) of CNY 2.00 per 10 shares (A shares) for the year 2020, payable on 07 June 2021. Record date is 04 June 2021 and ex-date is 07 June 2021. Announcement • May 21
Tansun Technology Co., Ltd. Approves Final Dividend for the Year 2020 Tansun Technology Co., Ltd. at its annual general meeting held on May 18, 2021 approved cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2020. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥38.75, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 29x in the Software industry in China. Announcement • Apr 27
Tansun Technology Co., Ltd. Proposes Final Dividend for the Year 2020 Tansun Technology Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2020. 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¥36.43, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 35x in the Software industry in China. Is New 90 Day High Low • Mar 12
New 90-day low: CN¥30.45 The company is down 27% from its price of CN¥41.77 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. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥31.08, the stock is trading at a trailing P/E ratio of 37x, down from the previous P/E ratio of 43.7x. This compares to an average P/E of 47x in the Software industry in China. Is New 90 Day High Low • Feb 08
New 90-day low: CN¥31.08 The company is down 43% from its price of CN¥54.35 on 10 November 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 9.0% over the same period. Announcement • Feb 03
Tansun Technology Co., Ltd. (SZSE:300872) signed the share transfer agreement to acquire 26.3% stake in Peking Seasons Bright Technology Co., Ltd. from Fan Shan for CNY 44.2 million. Tansun Technology Co., Ltd. (SZSE:300872) signed the share transfer agreement to acquire 26.3% stake in Peking Seasons Bright Technology Co., Ltd. from Fan Shan for CNY 44.2 million on February 1, 2021. Within 3 working days after the agreement effective date, Tansun Technology will make a one time payment of the transfer price to the seller’s designated bank account. Tansun Technology will use its own funds of CNY 44.2 million for financing. As of December 31, 2020, Peking Seasons Bright Technology reported total assets of CNY 46.8 million, net assets of CNY 27.7 million, revenue of CNY 29.783 million, operating profit of CNY 0.76 million and net profit of CNY 0.759 million. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥35.60 The company is down 24% from its price of CN¥47.10 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 12
New 90-day low: CN¥41.77 The company is down 2.0% from its price of CN¥42.71 on 11 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 4.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥143.8m, up 39% from the prior year. Total revenue was CN¥1.27b over the last 12 months, up 28% from the prior year. Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 27% share price gain to CN¥56.52, the stock is trading at a trailing P/E ratio of 68.5x, up from the previous P/E ratio of 53.9x. This compares to an average P/E of 66x in the Software industry in China.