Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman of the Supervisory Board Li Yue Lin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 29
Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 19, 2026 Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 20F, Building 1, No. 1, Cuizhi Road, Daliang Town, Shunde District, Foshan, Guangdong China Announcement • Mar 31
Guangzhou Sie Consulting Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Guangzhou Sie Consulting Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Guangzhou Sie Consulting Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Guangzhou Sie Consulting Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Announcement • Sep 30
Guangzhou Sie Consulting Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Guangzhou Sie Consulting Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 02
Guangzhou Sie Consulting Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Guangzhou Sie Consulting Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Apr 25
Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 15, 2025 Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: 20F, Building 1, No. 1, Cuizhi Road, Daliang County, Shunde District, Foshan, Guangdong China Announcement • Mar 31
Guangzhou Sie Consulting Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Guangzhou Sie Consulting Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Guangzhou Sie Consulting Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Guangzhou Sie Consulting Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.26 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.26 in 3Q 2023). Revenue: CN¥634.2m (up 1.4% from 3Q 2023). Net income: CN¥64.9m (down 39% from 3Q 2023). Profit margin: 10% (down from 17% in 3Q 2023). 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. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥18.72, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 37x in the Software industry in China. Total loss to shareholders of 17% over the past year. 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 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: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Announcement • Sep 30
Guangzhou Sie Consulting Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Guangzhou Sie Consulting Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥15.39, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 33% over the past year. Buy Or Sell Opportunity • Aug 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 30% to CN¥12.28. The fair value is estimated to be CN¥15.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 5.2%. Revenue is forecast to grow by 59% in 2 years. Earnings are forecast to grow by 41% in the next 2 years. Announcement • Jun 29
Guangzhou Sie Consulting Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Guangzhou Sie Consulting Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Buy Or Sell Opportunity • May 27
Now 20% overvalued Over the last 90 days, the stock has fallen 18% to CN¥15.81. The fair value is estimated to be CN¥13.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 5.2%. Revenue is forecast to grow by 63% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. Declared Dividend • May 23
Dividend of CN¥0.11 announced Shareholders will receive a dividend of CN¥0.11. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 101% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • May 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Announcement • Apr 27
Guangzhou Sie Consulting Co., Ltd. Proposes Cash Dividend for 2023 Guangzhou Sie Consulting Co., Ltd. announced on 25 April 2024 the profit distribution proposal for 2023: cash dividend/10 shares (tax included) of CNY 1.10000000. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.043 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.05 (up from CN¥0.043 loss in 1Q 2023). Revenue: CN¥540.4m (up 4.5% from 1Q 2023). Net income: CN¥20.4m (up CN¥37.9m from 1Q 2023). Profit margin: 3.8% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in China. Announcement • Apr 26
Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 15, 2024 Guangzhou Sie Consulting Co., Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: 20F, Building 1, No. 1, Cuizhi Road, Daliang County, Shunde District, Foshan, Guangdong China Buy Or Sell Opportunity • Apr 17
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to CN¥16.22. The fair value is estimated to be CN¥13.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 92% in the next 2 years. Announcement • Mar 30
Guangzhou Sie Consulting Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Guangzhou Sie Consulting Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Buy Or Sell Opportunity • Feb 06
Now 22% overvalued Over the last 90 days, the stock has fallen 42% to CN¥14.93. The fair value is estimated to be CN¥12.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 7.8%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 92% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥13.84, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Software industry in China. Total loss to shareholders of 62% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.25 per share. Announcement • Dec 29
Guangzhou Sie Consulting Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Guangzhou Sie Consulting Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Announcement • Dec 13
Guangzhou Sie Consulting Co., Ltd. (SZSE:300687) announces an Equity Buyback for CNY 40 million worth of its shares. Guangzhou Sie Consulting Co., Ltd. (SZSE:300687) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its A shares. The shares will be repurchased at a price not more than CNY 37.14 per share. The repurchased shares will be used for ESOP or equity incentives. The authorization will be valid for a period of 12 months. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.23 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.23 in 3Q 2022). Revenue: CN¥625.3m (flat on 3Q 2022). Net income: CN¥106.3m (up 17% from 3Q 2022). Profit margin: 17% (up from 15% in 3Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥24.72, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 33x in the Software industry in China. Total loss to shareholders of 18% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.73 per share. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.098 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.098 (down from CN¥0.14 in 2Q 2022). Revenue: CN¥539.8m (up 1.1% from 2Q 2022). Net income: CN¥39.6m (down 26% from 2Q 2022). Profit margin: 7.3% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. New Risk • Jul 12
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Announcement • May 25
Guangzhou Sie Consulting Co., Ltd. Implements Final Profit Distribution Plan of A Shares for 2022, Payable on 01 June 2023 Guangzhou Sie Consulting Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.25000000. Record date: 31 May 2023, Ex-date: 01 June 2023, Payment date: 01 June 2023. Net cash dividend/10 shares after tax: CNY 1.12500000 (CNY 1.25000000 - CNY 0.12500000). Announcement • May 23
Guangzhou Sie Consulting Co., Ltd. Approves Cash Dividend for 2022 Guangzhou Sie Consulting Co., Ltd. at its AGM, held on 19 May 2023, approved Cash dividend/10 shares (tax included): CNY 1.25000000 for 2022. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥29.73, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 42x in the Software industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.29 per share. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥38.38, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 41x in the Software industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.69 per share. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥34.62, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 36x in the Software industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.17 per share. Board Change • Nov 16
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 Zhengang Zhang 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 29
Third quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.22 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.21. Revenue: CN¥640.1m (up 28% from 3Q 2021). Net income: CN¥85.0m (up 10.0% from 3Q 2021). Profit margin: 13% (down from 16% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥26.47, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 28x in the Software industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.63 per share. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.13 in 2Q 2021). Revenue: CN¥533.9m (up 9.9% from 2Q 2021). Net income: CN¥53.8m (up 22% from 2Q 2021). Profit margin: 10% (up from 9.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 42%, compared to a 33% growth forecast for the Software industry in China.