Announcement • Apr 28
Strait Innovation Internet Co., Ltd, Annual General Meeting, May 21, 2026 Strait Innovation Internet Co., Ltd, Annual General Meeting, May 21, 2026, at 15:00 China Standard Time. Location: 1F, Building 22, No. 5, Xinggang Middle Road, Jinjing Town, Pingtan County, Fujian China Announcement • Mar 31
Strait Innovation Internet Co., Ltd to Report Q1, 2026 Results on Apr 28, 2026 Strait Innovation Internet Co., Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Strait Innovation Internet Co., Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026 Strait Innovation Internet Co., Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026 Announcement • Sep 30
Strait Innovation Internet Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025 Strait Innovation Internet Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Strait Innovation Internet Co., Ltd to Report First Half, 2025 Results on Aug 28, 2025 Strait Innovation Internet Co., Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 28
Strait Innovation Internet Co., Ltd, Annual General Meeting, May 28, 2025 Strait Innovation Internet Co., Ltd, Annual General Meeting, May 28, 2025, at 15:00 China Standard Time. Location: 17F, Building 6, Business Operation Center, Jinjingwan Block, Pingtan Comprehensive Experimental Zone, Fujian China Announcement • Mar 31
Strait Innovation Internet Co., Ltd to Report Q1, 2025 Results on Apr 28, 2025 Strait Innovation Internet Co., Ltd announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
Strait Innovation Internet Co., Ltd to Report Fiscal Year 2024 Results on Apr 21, 2025 Strait Innovation Internet Co., Ltd announced that they will report fiscal year 2024 results on Apr 21, 2025 Announcement • Nov 13
Zhejiang Bingtong Digital Technology Co., Ltd. acquired 4.22% stake in Strait Innovation Internet Co., Ltd (SZSE:300300). Zhejiang Bingtong Digital Technology Co., Ltd. acquired 4.22% stake in Strait Innovation Internet Co., Ltd (SZSE:300300) on November 12, 2024. A cash consideration of CNY 130.59 million will be paid by Zhejiang Bingtong Digital Technology Co., Ltd. As part of consideration, CNY 130.59 million is paid towards common equity of Strait Innovation Internet Co., Ltd.
Zhejiang Bingtong Digital Technology Co., Ltd. Completed the acquisition of 4.22% stake in Strait Innovation Internet Co., Ltd (SZSE:300300) on November 12, 2024. Reported Earnings • Oct 26
Third quarter 2024 earnings released: CN¥0.044 loss per share (vs CN¥0.065 loss in 3Q 2023) Third quarter 2024 results: CN¥0.044 loss per share (improved from CN¥0.065 loss in 3Q 2023). Revenue: CN¥18.9m (up 9.7% from 3Q 2023). Net loss: CN¥23.8m (loss narrowed 45% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Strait Innovation Internet Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024 Strait Innovation Internet Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0 (vs CN¥0.077 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0 (improved from CN¥0.077 loss in 2Q 2023). Revenue: CN¥46.1m (up 8.8% from 2Q 2023). Net income: CN¥82.6k (up CN¥56.1m from 2Q 2023). Profit margin: 0.2% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Strait Innovation Internet Co., Ltd to Report First Half, 2024 Results on Aug 29, 2024 Strait Innovation Internet Co., Ltd announced that they will report first half, 2024 results on Aug 29, 2024 New Risk • May 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥34m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥34m free cash flow). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Apr 25
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.03 loss in 1Q 2023). Revenue: CN¥22.9m (up 4.4% from 1Q 2023). Net loss: CN¥28.3m (loss widened 53% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 25
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.03 loss in 1Q 2023). Revenue: CN¥22.9m (up 4.4% from 1Q 2023). Net loss: CN¥28.3m (loss widened 53% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 25
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.03 loss in 1Q 2023). Revenue: CN¥22.9m (up 4.4% from 1Q 2023). Net loss: CN¥28.3m (loss widened 53% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 25
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.03 loss in 1Q 2023). Revenue: CN¥22.9m (up 4.4% from 1Q 2023). Net loss: CN¥28.3m (loss widened 53% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Apr 24
Strait Innovation Internet Co., Ltd., Annual General Meeting, May 23, 2024 Strait Innovation Internet Co., Ltd., Annual General Meeting, May 23, 2024, at 15:00 China Standard Time. Location: 17F, Building 6, Business Operation Center, Jinjingwan Block, Pingtan Comprehensive Experimental Zone, Fujian China Reported Earnings • Apr 24
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.03 loss in 1Q 2023). Revenue: CN¥22.9m (up 4.4% from 1Q 2023). Net loss: CN¥28.3m (loss widened 53% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 24
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.03 loss in 1Q 2023). Revenue: CN¥22.9m (up 4.4% from 1Q 2023). Net loss: CN¥28.3m (loss widened 53% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 24
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.03 loss in 1Q 2023). Revenue: CN¥22.9m (up 4.4% from 1Q 2023). Net loss: CN¥28.3m (loss widened 53% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 24
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (further deteriorated from CN¥0.03 loss in 1Q 2023). Revenue: CN¥22.9m (up 4.4% from 1Q 2023). Net loss: CN¥28.3m (loss widened 53% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Strait Innovation Internet Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Strait Innovation Internet Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 New Risk • Jan 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 6.5% 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 7.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Buying Opportunity • Jan 15
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be CN¥4.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last 3 years. Earnings per share has grown by 52%. Board Change • Jan 02
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. 4 experienced directors. No highly experienced directors. Non-Independent Director Chenxun Ni is the most experienced director on the board, commencing their role in 2019. 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 • Dec 29
Strait Innovation Internet Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Strait Innovation Internet Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Announcement • Dec 08
Strait Innovation Internet Co., Ltd. Approves Board Appointments Strait Innovation Internet Co., Ltd. at its EGM of 2023 held on December 5, 2023, approved the appointment of Yao Qingxi, Guan Yichao and Xue Hongyan as Non-Independent Director; Lin Jie as Independent Director and Chen Zhenting as Non-Employee Supervisors. Election of non-independent directors, cumulative voting system applicable: Yao Qingxi, Chen Wensheng, Li Tongtong, Ni Chenxun, Guan Yichao and Xue Hongyan. Election of independent directors, cumulative voting system applicable: Lin Jie, Yin Dejun and Zhang Mei. Election of non-employee supervisors, cumulative voting system applicable: Chen Zhenting and Li Yinyu. Buying Opportunity • Oct 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.3%. The fair value is estimated to be CN¥5.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last 3 years. Earnings per share has grown by 52%. Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.065 loss per share (vs CN¥0.023 loss in 3Q 2022) Third quarter 2023 results: CN¥0.065 loss per share (further deteriorated from CN¥0.023 loss in 3Q 2022). Revenue: CN¥17.2m (down 68% from 3Q 2022). Net loss: CN¥43.5m (loss widened 183% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.077 loss per share (vs CN¥0.027 loss in 2Q 2022) Second quarter 2023 results: CN¥0.077 loss per share (further deteriorated from CN¥0.027 loss in 2Q 2022). Revenue: CN¥42.4m (up 31% from 2Q 2022). Net loss: CN¥56.0m (loss widened 204% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.063 loss in 1Q 2022) First quarter 2023 results: CN¥0.03 loss per share (improved from CN¥0.063 loss in 1Q 2022). Revenue: CN¥21.9m (down 35% from 1Q 2022). Net loss: CN¥18.6m (loss narrowed 56% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Independent Director Yali Zhou is the most experienced director on the board, commencing their role in 2017. 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 • Oct 27
Third quarter 2022 earnings released: CN¥0.023 loss per share (vs CN¥0.15 loss in 3Q 2021) Third quarter 2022 results: CN¥0.023 loss per share (improved from CN¥0.15 loss in 3Q 2021). Revenue: CN¥53.3m (up 8.1% from 3Q 2021). Net loss: CN¥15.4m (loss narrowed 85% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.027 loss per share (vs CN¥0.045 profit in 2Q 2021) Second quarter 2022 results: CN¥0.027 loss per share (down from CN¥0.045 profit in 2Q 2021). Revenue: CN¥32.2m (down 85% from 2Q 2021). Net loss: CN¥18.4m (down 160% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 29
First quarter 2022 earnings released: CN¥0.063 loss per share (vs CN¥0.004 profit in 1Q 2021) First quarter 2022 results: CN¥0.063 loss per share (down from CN¥0.004 profit in 1Q 2021). Revenue: CN¥33.4m (down 65% from 1Q 2021). Net loss: CN¥42.4m (down CN¥44.7m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 1 experienced director. No highly experienced directors. Independent Director Yali Zhou is the most experienced director on the board, commencing their role in 2017. 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 • Oct 31
Third quarter 2021 earnings released: CN¥0.15 loss per share (vs CN¥0.098 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥49.3m (down 23% from 3Q 2020). Net loss: CN¥104.4m (loss widened 58% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS CN¥0.045 (vs CN¥0.23 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥218.5m (up 336% from 2Q 2020). Net income: CN¥30.7m (up CN¥195.1m from 2Q 2020). Profit margin: 14% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.004 (vs CN¥0.096 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥94.2m (up 115% from 1Q 2020). Net income: CN¥2.33m (up CN¥65.1m from 1Q 2020). Profit margin: 2.5% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥4.05 The company is down 41% from its price of CN¥6.85 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 23% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥4.26 The company is down 45% from its price of CN¥7.77 on 16 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 28% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥4.84 The company is down 38% from its price of CN¥7.79 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 22% over the same period. Is New 90 Day High Low • Dec 05
New 90-day low: CN¥6.09 The company is down 25% from its price of CN¥8.17 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 16% over the same period. Is New 90 Day High Low • Nov 17
New 90-day low: CN¥6.52 The company is down 8.0% from its price of CN¥7.06 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 12% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.22b, with earnings decreasing by CN¥1.33b from the prior year. Total revenue was CN¥243.5m over the last 12 months, down 52% from the prior year. Is New 90 Day High Low • Sep 18
New 90-day high: CN¥9.08 The company is up 46% from its price of CN¥6.24 on 19 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period.