Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥41.42, the stock trades at a trailing P/E ratio of 75.7x. Average trailing P/E is 122x in the IT industry in China. Total returns to shareholders of 40% over the past three years. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.55 (vs CN¥0.47 in FY 2024) Full year 2025 results: EPS: CN¥0.55 (up from CN¥0.47 in FY 2024). Revenue: CN¥2.09b (up 36% from FY 2024). Net income: CN¥154.1m (up 15% from FY 2024). Profit margin: 7.4% (down from 8.7% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Apr 28
Fengzhushou Co., Ltd., Annual General Meeting, May 20, 2026 Fengzhushou Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥40.49, the stock trades at a trailing P/E ratio of 64.9x. Average trailing P/E is 113x in the IT industry in China. Total returns to shareholders of 53% over the past year. Announcement • Mar 31
Fengzhushou Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Fengzhushou Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Mar 23
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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (3.1% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥42.27, the stock trades at a trailing P/E ratio of 67.7x. Average trailing P/E is 125x in the IT industry in China. Total returns to shareholders of 119% over the past year. Board Change • Jan 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Huide Li was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 31
Fengzhushou Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Fengzhushou Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Announcement • Dec 03
Fengzhushou Co., Ltd. Approves Board Elections Fengzhushou Co., Ltd. at its 4th Extraordinary General Meeting of 2025 on 01 December 2025 approved By-election of independent directors, cumulative voting system applicable; Han Zhongfu, independent director, Li Huide, independent director, Liu Wen, independent director. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.069 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.069 in 3Q 2024). Revenue: CN¥567.8m (up 58% from 3Q 2024). Net income: CN¥58.3m (up 197% from 3Q 2024). Profit margin: 10% (up from 5.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in China. Announcement • Oct 02
Fengzhushou Co., Ltd. announced that it expects to receive CNY 983.754863 million in funding Fengzhushou Co., Ltd. held the 10th Meeting of the 4th Directorate and the 9th Meeting of the 4th Supervisory Board, and approved the 2025 private placement of A shares on September 30, 2025.
On the same day, Fengzhushou Co., Ltd. announced the private placement through a Share Subscription Agreement of A Shares Pre-Plan of not more than 57,118,780 shares with gross proceeds of not more than CNY 983,754,900 on September 30, 2025. The transaction includes participation from not more than 35, including Luo Hongpeng, who will subscribe to not less than 10% of the issuance. The shares Luo Hongpeng subscribes to cannot be transferred within 36 months from the issuance closing date. The shares the other investors subscribe to cannot be transferred within 6 months from the issuance closing date. This has been approved in the 10th Meeting of the Company’s 4th Directorate, and is subject to the approvals of the Company’s Shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. Announcement • Sep 30
Fengzhushou Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Fengzhushou Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.14 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.14 (up from CN¥0.14 in 2Q 2024). Revenue: CN¥480.1m (up 24% from 2Q 2024). Net income: CN¥40.5m (up 2.5% from 2Q 2024). Profit margin: 8.4% (down from 10% in 2Q 2024). 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 16% growth forecast for the IT industry in China. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥30.15, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 41x in the IT industry in China. Total returns to shareholders of 82% over the past year. New Risk • Jul 10
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (51% accrual ratio). Announcement • Jul 02
Fengzhushou Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Fengzhushou Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Announcement • Jun 13
Fengzhushou Co., Ltd. (SZSE:301382) agreed to acquire remaining 30% stake in Guangdong Fengdang Technology Co., Ltd. from Guangzhou Xiaodang Wisdom Technology Co., Ltd. for approximately CNY 210 million. Fengzhushou Co., Ltd. (SZSE:301382) agreed to acquire remaining 30% stake in Guangdong Fengdang Technology Co., Ltd. from Guangzhou Xiaodang Wisdom Technology Co., Ltd. for approximately CNY 210 million on June 11, 2025. A cash consideration of CNY 205.95 million will be paid by Fengzhushou Co., Ltd. As part of consideration, CNY 205.95 million is paid towards common equity of Guangdong Fengdang Technology Co., Ltd. Upon completion, Fengzhushou Co., Ltd. will own 100% stake in Guangdong Fengdang Technology Co., Ltd. The source of funds for payment of the transfer price shall be self-raised funds.
For the period ending March 31, 2025, Guangdong Fengdang Technology Co., Ltd Guangdong Fengdang Technology Co., Ltd. reported total assets of CNY 714.07 million and total common equity of CNY 390.99 million.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.15 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.15 in 1Q 2024). Revenue: CN¥503.2m (up 46% from 1Q 2024). Net income: CN¥35.6m (up 9.6% from 1Q 2024). Profit margin: 7.1% (down from 9.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Announcement • Apr 28
Fengzhushou Co., Ltd., Annual General Meeting, May 20, 2025 Fengzhushou Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: 10F, No. 660, Huangpu Avenue, Yuancun Street, Tianhe District, Guangzhou, Guangdong China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to CN¥31.22, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 82x in the IT industry in China. Total returns to shareholders of 46% over the past year. Announcement • Mar 31
Fengzhushou Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Fengzhushou Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥52.27, the stock trades at a trailing P/E ratio of 79.5x. Average trailing P/E is 91x in the IT industry in China. Total returns to shareholders of 111% over the past year. New Risk • Feb 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (57% accrual ratio). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥36.00, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 84x in the IT industry in China. Total returns to shareholders of 80% over the past year. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥28.84, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 66x in the IT industry in China. Total returns to shareholders of 28% over the past year. Announcement • Jan 15
Fengzhushou Co., Ltd. (SZSE:301382) announces an Equity Buyback for CNY 50 million worth of its shares. Fengzhushou Co., Ltd. (SZSE:301382) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 42 per share. The repurchased shares will be used for implementing the equity incentive plan or the employee stock ownership plan. The program will be funded from the Company's bank special loan funds, own funds, and/or self-raised funds. The program will be valid for a period of 12 months. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥24.10, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 68x in the IT industry in China. Total loss to shareholders of 11% over the past year. Announcement • Dec 31
Fengzhushou Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Fengzhushou Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥31.32, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 79x in the IT industry in China. Total loss to shareholders of 4.4% over the past year. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.12 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.09 (down from CN¥0.12 in 3Q 2023). Revenue: CN¥360.4m (up 14% from 3Q 2023). Net income: CN¥19.7m (down 28% from 3Q 2023). Profit margin: 5.5% (down from 8.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Announcement • Oct 11
Fengzhushou Co., Ltd. Announce Board and Executive Changes Fengzhushou Co., Ltd. at its EGM held on 09 October 2024 appointed Ou Jintang and Wang Houqiang as non-independent director; Xiao Shilian and Liu Junxiu as independent director; Yao Chaochuang and Wang Zhaoliang as non-employee supervisor. Announcement • Sep 30
Fengzhushou Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Fengzhushou Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥23.91, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 53x in the IT industry in China. Total loss to shareholders of 22% over the past year. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥20.89, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 46x in the IT industry in China. Total loss to shareholders of 31% over the past year. New Risk • Aug 29
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 6.9% 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 High level of non-cash earnings (38% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.12 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥388.8m (up 39% from 2Q 2023). Net income: CN¥39.5m (up 18% from 2Q 2023). Profit margin: 10% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Announcement • Jun 29
Fengzhushou Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024 Fengzhushou Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥19.77, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 47x in the IT industry in China. Total loss to shareholders of 61% over the past year. Announcement • May 29
Fengzhushou Co., Ltd. Announces Final Profit Distribution Implementation (A Shares) for 2023, Payable on 31 May 2024 Fengzhushou Co., Ltd. 2023 final profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included): CNY 1.60000000; Record date: 30 May 2024; Ex-date: 31 May 2024; Payment date: 31 May 2024. Reported Earnings • Apr 22
First quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.23 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.19. Revenue: CN¥345.9m (up 41% from 1Q 2023). Net income: CN¥32.5m (up 3.6% from 1Q 2023). Profit margin: 9.4% (down from 13% in 1Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥23.50, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 47x in the IT industry in China. Announcement • Mar 30
Fengzhushou Co., Ltd. to Report Q1, 2024 Results on Apr 22, 2024 Fengzhushou Co., Ltd. announced that they will report Q1, 2024 results on Apr 22, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥23.30, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 44x in the IT industry in China. Announcement • Feb 01
Fengzhushou Co., Ltd. (SZSE:301382) announces an Equity Buyback for CNY 80 million worth of its shares. Fengzhushou Co., Ltd. (SZSE:301382) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 50 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥29.41, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 54x in the IT industry in China. Announcement • Dec 30
Fengzhushou Co., Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024 Fengzhushou Co., Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released Third quarter 2023 results: EPS: CN¥0.16. Net income: CN¥27.2m (up CN¥27.2m from 3Q 2022). Announcement • Oct 01
Fengzhushou Co., Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Fengzhushou Co., Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Aug 18
First half 2023 earnings released First half 2023 results: EPS: CN¥0.47. Net income: CN¥62.8m (up CN¥62.8m from 1H 2022). Announcement • Jul 01
Fengzhushou Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Fengzhushou Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 New Risk • Jun 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shares are highly illiquid. High level of non-cash earnings (33% accrual ratio).