Price Target Changed • Jun 16
Price target decreased by 8.4% to CN¥113 Down from CN¥123, the current price target is an average from 4 analysts. New target price is 13% above last closing price of CN¥99.61. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.11 last year. Declared Dividend • May 27
Dividend of CN¥0.15 announced Dividend of CN¥0.15 is the same as last year. Ex-date: 1st June 2026 Payment date: 1st June 2026 Dividend yield will be 0.1%, which is lower than the industry average of 0.8%. New Risk • May 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 8.7% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.20 in FY 2024) Full year 2025 results: EPS: CN¥0.11 (down from CN¥0.20 in FY 2024). Revenue: CN¥1.32b (up 8.4% from FY 2024). Net income: CN¥61.0m (down 44% from FY 2024). Profit margin: 4.6% (down from 9.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 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 43% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Apr 28
Empyrean Technology Co., Ltd., Annual General Meeting, May 20, 2026 Empyrean Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 31
Empyrean Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Empyrean Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Price Target Changed • Mar 21
Price target decreased by 8.9% to CN¥123 Down from CN¥135, the current price target is an average from 5 analysts. New target price is 43% above last closing price of CN¥86.00. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥0.28 for next year compared to CN¥0.20 last year. Major Estimate Revision • Mar 10
Consensus EPS estimates increase by 13% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CN¥0.326 to CN¥0.37. Revenue forecast steady at CN¥1.49b. Net income forecast to grow 413% next year vs 56% growth forecast for Software industry in China. Consensus price target down from CN¥135 to CN¥127. Share price rose 3.6% to CN¥97.37 over the past week. Announcement • Dec 31
Empyrean Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Empyrean Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.011 (down from CN¥0.038 in 3Q 2024). Revenue: CN¥303.2m (up 1.2% from 3Q 2024). Net income: CN¥5.99m (down 71% from 3Q 2024). Profit margin: 2.0% (down from 6.9% in 3Q 2024). Revenue missed analyst estimates by 24%. Earnings per share (EPS) also missed analyst estimates by 94%. 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, earnings per share has fallen by 36% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Oct 16
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 7.3% 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 (7.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin). Announcement • Sep 30
Empyrean Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Empyrean Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Major Estimate Revision • Aug 22
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥1.64b to CN¥1.58b. EPS estimate also fell from CN¥0.474 per share to CN¥0.354 per share. Net income forecast to grow 282% next year vs 56% growth forecast for Software industry in China. Consensus price target broadly unchanged at CN¥133. Share price rose 10% to CN¥125 over the past week. Reported Earnings • Aug 17
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: CN¥0.011 loss per share (down from CN¥0.056 profit in 2Q 2024). Revenue: CN¥267.2m (up 16% from 2Q 2024). Net loss: CN¥6.65m (down 122% from profit in 2Q 2024). Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 22% p.a. on average during the next 3 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 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jul 02
Empyrean Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Empyrean Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • May 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 8.3% 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 (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.0% net profit margin). Declared Dividend • May 28
Dividend of CN¥0.15 announced Dividend of CN¥0.15 is the same as last year. Ex-date: 30th May 2025 Payment date: 30th May 2025 Dividend yield will be 0.1%, which is lower than the industry average of 0.8%. Payout Ratios Payout ratio: 64%. Cash payout ratio: 192%. Major Estimate Revision • May 27
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥1.71b to CN¥1.68b. EPS estimate also fell from CN¥0.568 per share to CN¥0.506 per share. Net income forecast to grow 177% next year vs 57% growth forecast for Software industry in China. Consensus price target of CN¥135 unchanged from last update. Share price was steady at CN¥116 over the past week. Announcement • May 22
Empyrean Technology Co., Ltd. Approves Cash Dividend for the Year 2024 Empyrean Technology Co. Ltd. held its Annual General Meeting of 2024 on 20 May 2025, during which the following proposal(s) was/were approved: 2024 profit distribution plan of Cash dividend/10 shares (tax included): CNY 1.50000000. New Risk • Apr 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 894% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.0% net profit margin). Board Change • Apr 29
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. 1 highly experienced director. Chairman of Board Weiping Liu is the most experienced director on the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 29
Full year 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.37 in FY 2023) Full year 2024 results: EPS: CN¥0.20 (down from CN¥0.37 in FY 2023). Revenue: CN¥1.22b (up 21% from FY 2023). Net income: CN¥109.5m (down 46% from FY 2023). Profit margin: 9.0% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Announcement • Apr 28
Empyrean Technology Co., Ltd., Annual General Meeting, May 20, 2025 Empyrean Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 31
Empyrean Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Empyrean Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Empyrean Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Empyrean Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Price Target Changed • Nov 27
Price target increased by 7.8% to CN¥121 Up from CN¥113, the current price target is an average from 4 analysts. New target price is 5.4% below last closing price of CN¥128. Stock is up 29% over the past year. The company is forecast to post earnings per share of CN¥0.26 for next year compared to CN¥0.37 last year. Price Target Changed • Nov 08
Price target increased by 9.5% to CN¥113 Up from CN¥103, the current price target is an average from 4 analysts. New target price is 9.7% below last closing price of CN¥125. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥0.29 for next year compared to CN¥0.37 last year. Reported Earnings • Oct 30
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: CN¥0.038 (down from CN¥0.16 in 3Q 2023). Revenue: CN¥299.8m (up 28% from 3Q 2023). Net income: CN¥20.7m (down 76% from 3Q 2023). Profit margin: 6.9% (down from 37% in 3Q 2023). Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 73%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Announcement • Sep 30
Empyrean Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Empyrean Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Major Estimate Revision • Aug 15
Consensus EPS estimates fall by 23% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.36b to CN¥1.31b. EPS estimate also fell from CN¥0.387 per share to CN¥0.30 per share. Net income forecast to grow 49% next year vs 50% growth forecast for Software industry in China. Consensus price target down from CN¥109 to CN¥103. Share price fell 8.4% to CN¥72.20 over the past week. Reported Earnings • Aug 09
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: CN¥0.056 (down from CN¥0.12 in 2Q 2023). Revenue: CN¥230.3m (down 6.0% from 2Q 2023). Net income: CN¥30.2m (down 52% from 2Q 2023). Profit margin: 13% (down from 26% in 2Q 2023). Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 56%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Announcement • Jun 29
Empyrean Technology Co., Ltd. to Report First Half, 2024 Results on Aug 09, 2024 Empyrean Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 09, 2024 Declared Dividend • May 26
Dividend of CN¥0.15 announced Dividend of CN¥0.15 is the same as last year. Ex-date: 30th May 2024 Payment date: 30th May 2024 Dividend yield will be 0.2%, which is lower than the industry average of 0.8%. Payout Ratios Payout ratio: 43%. Cash payout ratio: 149%. Announcement • May 25
Empyrean Technology Co., Ltd. Announces Dividend Implementation for 2023, Payable on 30 May 2024 Empyrean Technology Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.50000000. Record date: 29 May 2024; Ex-date: 30 May 2024; Payment date: 30 May 2024. Major Estimate Revision • May 05
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥1.44b to CN¥1.37b. EPS estimate also fell from CN¥0.608 per share to CN¥0.531 per share. Net income forecast to grow 64% next year vs 56% growth forecast for Software industry in China. Consensus price target down from CN¥129 to CN¥112. Share price fell 2.0% to CN¥78.20 over the past week. Price Target Changed • May 04
Price target decreased by 10% to CN¥116 Down from CN¥129, the current price target is an average from 5 analysts. New target price is 48% above last closing price of CN¥78.20. Stock is down 30% over the past year. The company is forecast to post earnings per share of CN¥0.54 for next year compared to CN¥0.37 last year. Announcement • Apr 30
Empyrean Technology Co., Ltd., Annual General Meeting, May 20, 2024 Empyrean Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: CN¥0.37 (vs CN¥0.39 in FY 2022) Full year 2023 results: EPS: CN¥0.37. Revenue: CN¥1.01b (up 27% from FY 2022). Net income: CN¥200.7m (up 8.2% from FY 2022). Profit margin: 20% (down from 23% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Announcement • Mar 30
Empyrean Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Empyrean Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.14 in 3Q 2022). Revenue: CN¥234.8m (up 8.5% from 3Q 2022). Net income: CN¥87.6m (up 21% from 3Q 2022). Profit margin: 37% (up from 34% in 3Q 2022). Revenue missed analyst estimates by 25%. Earnings per share (EPS) exceeded analyst estimates by 70%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Announcement • Sep 30
Empyrean Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Empyrean Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Jul 28
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.069 in 2Q 2022). Revenue: CN¥245.1m (up 45% from 2Q 2022). Net income: CN¥62.7m (up 109% from 2Q 2022). Profit margin: 26% (up from 18% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.3%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Announcement • Jul 01
Empyrean Technology Co., Ltd. to Report First Half, 2023 Results on Jul 28, 2023 Empyrean Technology Co., Ltd. announced that they will report first half, 2023 results on Jul 28, 2023 Announcement • May 24
Empyrean Technology Co., Ltd. Approves Cash Dividend for the Year 2022, Payable on May 30, 2023 Empyrean Technology Co., Ltd. announced that at its Annual General Meeting of 2022 held on 19 May 2022, approved Cash dividend/10 shares (tax included) of CNY 1.50000000 for the year 2022. Record date: 29 May 2023. Ex-date: 30 May 2023. Payment date: 30 May 2023. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.039 (vs CN¥0.047 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.039. Revenue: CN¥159.8m (up 20% from 1Q 2022). Net income: CN¥21.1m (up 4.6% from 1Q 2022). Profit margin: 13% (down from 15% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Announcement • Nov 04
Empyrean Technology Co., Ltd. Announces Executive Appointments Empyrean Technology Co., Ltd. at the Extraordinary General Meeting of 2022 on 02 November 2022, approved by-election of non-independent directors, cumulative voting system applicable: Liu Hongbin and Zheng Shan; Election of Zhang Kai as a non-employee supervisor. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.13 in 3Q 2021). Revenue: CN¥216.3m (up 9.0% from 3Q 2021). Net income: CN¥72.4m (up 21% from 3Q 2021). Profit margin: 34% (up from 30% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Reported Earnings • Aug 26
First half 2022 earnings released: EPS: CN¥0.093 (vs CN¥0.025 in 1H 2021) First half 2022 results: EPS: CN¥0.093 (up from CN¥0.025 in 1H 2021). Revenue: CN¥266.5m (up 192% from 1H 2021). Net income: CN¥40.4m (up 310% from 1H 2021). Profit margin: 15% (up from 11% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 27%, compared to a 32% growth forecast for the Software industry in China. Announcement • Aug 25
Empyrean Technology Co., Ltd. to Report Q2, 2022 Results on Aug 25, 2022 Empyrean Technology Co., Ltd. announced that they will report Q2, 2022 results on Aug 25, 2022