Reported Earnings • Apr 24
First quarter 2026 earnings released: CN¥0.11 loss per share (vs CN¥0.15 loss in 1Q 2025) First quarter 2026 results: CN¥0.11 loss per share (improved from CN¥0.15 loss in 1Q 2025). Revenue: CN¥57.1m (up 12% from 1Q 2025). Net loss: CN¥15.0m (loss narrowed 30% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Apr 23
Beijing Topnew Info & Tech Co., Ltd., Annual General Meeting, May 19, 2026 Beijing Topnew Info & Tech Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: No. 31, Tiantan East Road, Dongcheng District, Beijing China Announcement • Mar 31
Beijing Topnew Info & Tech Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Beijing Topnew Info & Tech Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 New Risk • Feb 25
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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 60% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Announcement • Dec 31
Beijing Topnew Info & Tech Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Beijing Topnew Info & Tech Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: CN¥0.16 loss per share (vs CN¥0.17 loss in 3Q 2024) Third quarter 2025 results: CN¥0.16 loss per share (improved from CN¥0.17 loss in 3Q 2024). Revenue: CN¥51.0m (down 2.7% from 3Q 2024). Net loss: CN¥22.7m (loss narrowed 5.9% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Announcement • Sep 30
Beijing Topnew Info & Tech Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Beijing Topnew Info & Tech Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 02
Beijing Topnew Info & Tech Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Beijing Topnew Info & Tech Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Reported Earnings • Apr 24
First quarter 2025 earnings released: CN¥0.15 loss per share (vs CN¥0.11 loss in 1Q 2024) First quarter 2025 results: CN¥0.15 loss per share (further deteriorated from CN¥0.11 loss in 1Q 2024). Revenue: CN¥50.9m (flat on 1Q 2024). Net loss: CN¥21.4m (loss widened 41% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • Apr 23
Beijing Topnew Info & Tech Co., Ltd., Annual General Meeting, May 21, 2025 Beijing Topnew Info & Tech Co., Ltd., Annual General Meeting, May 21, 2025, at 14:00 China Standard Time. Location: No. 31, Tiantan East Road, Dongcheng District, Beijing China Announcement • Mar 31
Beijing Topnew Info & Tech Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025 Beijing Topnew Info & Tech Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 New Risk • Feb 18
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: Major Risk Earnings have declined by 75% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Announcement • Dec 31
Beijing Topnew Info & Tech Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Beijing Topnew Info & Tech Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: CN¥0.17 loss per share (vs CN¥0.043 loss in 3Q 2023) Third quarter 2024 results: CN¥0.17 loss per share (further deteriorated from CN¥0.043 loss in 3Q 2023). Revenue: CN¥52.4m (down 6.2% from 3Q 2023). Net loss: CN¥24.1m (loss widened 301% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. New Risk • Sep 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 78% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Announcement • Sep 30
Beijing Topnew Info & Tech Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Beijing Topnew Info & Tech Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.023 profit in 2Q 2023) Second quarter 2024 results: CN¥0.18 loss per share (down from CN¥0.023 profit in 2Q 2023). Revenue: CN¥66.7m (down 27% from 2Q 2023). Net loss: CN¥24.9m (down CN¥27.7m from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
Beijing Topnew Info & Tech Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Beijing Topnew Info & Tech Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 29
Beijing Topnew Info & Tech Co., Ltd., Annual General Meeting, May 22, 2024 Beijing Topnew Info & Tech Co., Ltd., Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: No. 31, Tiantan East Road, Dongcheng District, Beijing China Reported Earnings • Apr 27
Full year 2023 earnings released: CN¥0.85 loss per share (vs CN¥0.46 loss in FY 2022) Full year 2023 results: CN¥0.85 loss per share (further deteriorated from CN¥0.46 loss in FY 2022). Revenue: CN¥277.9m (down 37% from FY 2022). Net loss: CN¥119.5m (loss widened 83% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Beijing Topnew Info & Tech Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Beijing Topnew Info & Tech Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Board Change • Jan 18
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 Xiaolei Li was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 29
Beijing Topnew Info & Tech Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Beijing Topnew Info & Tech Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: CN¥0.043 loss per share (vs CN¥0.028 profit in 3Q 2022) Third quarter 2023 results: CN¥0.043 loss per share (down from CN¥0.028 profit in 3Q 2022). Revenue: CN¥55.9m (down 25% from 3Q 2022). Net loss: CN¥6.00m (down 269% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.023 (vs CN¥0.051 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.023 (down from CN¥0.051 in 2Q 2022). Revenue: CN¥91.2m (down 51% from 2Q 2022). Net income: CN¥2.79m (down 56% from 2Q 2022). Profit margin: 3.1% (down from 3.4% in 2Q 2022). The decrease in margin was driven by lower revenue. Board Change • May 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xiaolei Li was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 26
First quarter 2023 earnings released: CN¥0.005 loss per share (vs CN¥0.07 profit in 1Q 2022) First quarter 2023 results: CN¥0.005 loss per share (down from CN¥0.07 profit in 1Q 2022). Revenue: CN¥65.8m (down 45% from 1Q 2022). Net loss: CN¥625.7k (down 107% from profit in 1Q 2022). Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.031 (vs CN¥0.13 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.031 (down from CN¥0.13 in 3Q 2021). Revenue: CN¥74.5m (down 19% from 3Q 2021). Net income: CN¥3.56m (down 75% from 3Q 2021). Profit margin: 4.8% (down from 16% in 3Q 2021). Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.056 (vs CN¥0.20 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.056 (down from CN¥0.20 in 2Q 2021). Revenue: CN¥187.1m (up 79% from 2Q 2021). Net income: CN¥6.27m (down 69% from 2Q 2021). Profit margin: 3.4% (down from 19% in 2Q 2021). The decrease in margin was driven by higher expenses. Announcement • May 27
Beijing Topnew Info & Tech Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 31 May 2022 Beijing Topnew Info & Tech Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) cash dividend of CNY 0.50000000/10 shares (tax included). Record date: 30 May 2022 Ex-date: 31 May 2022. Payment date: 31 May 2022. Announcement • May 20
Beijing Topnew Info & Tech Co., Ltd. Approves Cash Dividend for 2021 Beijing Topnew Info & Tech Co., Ltd., at the AGM held on 18 May 2022 approved Cash dividend/10 shares (tax included) of CNY 0.50000000 for 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.077 (vs CN¥0.076 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.077 (up from CN¥0.076 in 1Q 2021). Revenue: CN¥118.5m (up 102% from 1Q 2021). Net income: CN¥8.94m (up 1.8% from 1Q 2021). Profit margin: 7.5% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Announcement • Apr 26
Beijing Topnew Info & Tech Co., Ltd. Proposes Cash Dividend for 2021 Beijing Topnew Info & Tech Co., Ltd. proposed cash dividend of CNY 0.50000000 (tax included) per 10 shares for 2021. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥31.68, the stock trades at a trailing P/E ratio of 59.5x. Average trailing P/E is 42x in the IT industry in China. Total loss to shareholders of 9.3% over the past year. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.12 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥91.5m (up 29% from 3Q 2020). Net income: CN¥14.4m (up 41% from 3Q 2020). Profit margin: 16% (up from 14% in 3Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥39.01, the stock trades at a trailing P/E ratio of 74.7x. Average trailing P/E is 45x in the IT industry in China. Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.12 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥104.6m (up 48% from 2Q 2020). Net income: CN¥20.2m (up 98% from 2Q 2020). Profit margin: 19% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥36.36, the stock trades at a trailing P/E ratio of 66.4x. Average trailing P/E is 44x in the IT industry in China. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥37.77, the stock trades at a trailing P/E ratio of 69x. Average trailing P/E is 47x in the IT industry in China. Announcement • May 16
Beijing Topnew Info & Tech Co., Ltd. Approves Cash Dividend for the Year 2020 Beijing Topnew Info & Tech Co., Ltd. announced that at its AGM held on May 13, 2021, approved cash dividend (tax included) of CNY 0.80000000 per 10 shares for the year 2020. Announcement • Mar 04
Beijing Topnew Info & Tech Co., Ltd. to Report Fiscal Year 2020 Results on Apr 15, 2021 Beijing Topnew Info & Tech Co., Ltd. announced that they will report fiscal year 2020 results on Apr 15, 2021 Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥39.21, the stock is trading at a trailing P/E ratio of 50.7x, down from the previous P/E ratio of 60.6x. This compares to an average P/E of 49x in the IT industry in China. Is New 90 Day High Low • Feb 08
New 90-day low: CN¥39.21 The company is down 38% from its price of CN¥63.23 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 IT industry, which is down 31% over the same period. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥42.61, the stock is trading at a trailing P/E ratio of 55.1x, down from the previous P/E ratio of 65.9x. This compares to an average P/E of 58x in the IT industry in China. Reported Earnings • Oct 20
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥56.9m, up 12% from the prior year. Total revenue was CN¥315.4m over the last 12 months, up 27% from the prior year. Announcement • Oct 16
Beijing Topnew Info & Tech Co., Ltd. to Report Q3, 2020 Results on Oct 20, 2020 Beijing Topnew Info & Tech Co., Ltd. announced that they will report Q3, 2020 results on Oct 20, 2020 Valuation Update With 7 Day Price Move • Oct 15
Market bids up stock over the past week After last week's 16% share price gain to CN¥60.60, the stock is trading at a trailing P/E ratio of 63.1x, up from the previous P/E ratio of 54.6x. This compares to an average P/E of 66x in the IT industry in China.