Announcement • Jun 30
Shenzhen Kingdom Sci-Tech Co., Ltd to Report First Half, 2026 Results on Aug 25, 2026 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report first half, 2026 results on Aug 25, 2026 Board Change • May 20
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 Li Li Shao was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 20
Shenzhen Kingdom Sci-Tech Co., Ltd, Annual General Meeting, May 14, 2026 Shenzhen Kingdom Sci-Tech Co., Ltd, Annual General Meeting, May 14, 2026, at 14:00 China Standard Time. Location: 9F, Kingdom Sci-tech Building, Gaoxin South 5th Road, Nanshan District, Shenzhen, Guangdong China Announcement • Mar 30
Shenzhen Kingdom Sci-Tech Co., Ltd to Report Q1, 2026 Results on Apr 25, 2026 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report Q1, 2026 results on Apr 25, 2026 Announcement • Dec 26
Shenzhen Kingdom Sci-Tech Co., Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026 Announcement • Sep 30
Shenzhen Kingdom Sci-Tech Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jun 30
Shenzhen Kingdom Sci-Tech Co., Ltd to Report First Half, 2025 Results on Aug 27, 2025 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Apr 20
Shenzhen Kingdom Sci-Tech Co., Ltd, Annual General Meeting, May 15, 2025 Shenzhen Kingdom Sci-Tech Co., Ltd, Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: 9F, Kingdom Sci-Tech Building, Gaoxin South 5th Road, Nanshan District, Shenzhen, Guangdong China Announcement • Mar 28
Shenzhen Kingdom Sci-Tech Co., Ltd to Report Q1, 2025 Results on Apr 26, 2025 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 27
Shenzhen Kingdom Sci-Tech Co., Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report fiscal year 2024 results on Apr 19, 2025 Announcement • Nov 27
Bangyan Technology Co., Ltd. (SHSE:688132) signed a cooperation framework agreement to acquire an unknown minority stake in Shenzhen Netinfo Technology Co., Ltd. from Zhang Haixin, Shenzhen Xinyu Investment Partnership (Limited Partnership), Shenzhen Xincheng Hengfu Enterprise Management Co., Ltd., Shenzhen Xinfu Investment Enterprise (Limited Partnership) and Shenzhen Xincheng Xinfu Investment Enterprise (Limited Partnership). Bangyan Technology Co., Ltd. (SHSE:688132) signed a cooperation framework agreement to acquire an unknown minority stake in Shenzhen Netinfo Technology Co., Ltd. from Zhang Haixin, Shenzhen Xinyu Investment Partnership (Limited Partnership), Shenzhen Xincheng Hengfu Enterprise Management Co., Ltd., Shenzhen Xinfu Investment Enterprise (Limited Partnership) and Shenzhen Xincheng Xinfu Investment Enterprise (Limited Partnership) on November 25, 2024. A cash consideration will be paid by Bangyan Technology Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Shenzhen Netinfo Technology Co., Ltd. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥17.70, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 48x in the Software industry in China. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.63 per share. Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.037 loss per share (vs CN¥0.026 loss in 3Q 2023) Third quarter 2024 results: CN¥0.037 loss per share (further deteriorated from CN¥0.026 loss in 3Q 2023). Revenue: CN¥1.13b (down 14% from 3Q 2023). Net loss: CN¥34.6m (loss widened 41% from 3Q 2023). Revenue is forecast to grow 11% 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 remained flat whereas the company’s share price has increased by 4% per year. Announcement • Sep 30
Shenzhen Kingdom Sci-Tech Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024 Shenzhen Kingdom Sci-Tech 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 16% After last week's 16% share price gain to CN¥10.82, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Software industry in China. Total loss to shareholders of 14% over the past three years. Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.001 loss per share (vs CN¥0.13 profit in 2Q 2023) Second quarter 2024 results: CN¥0.001 loss per share (down from CN¥0.13 profit in 2Q 2023). Revenue: CN¥1.26b (down 14% from 2Q 2023). Net loss: CN¥1.27m (down 101% from profit in 2Q 2023). Revenue is forecast to grow 13% 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 increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jul 24
Shenzhen Kingdom Sci-Tech Co., Ltd (SHSE:600446) announces an Equity Buyback for CNY 30 million worth of its shares. Shenzhen Kingdom Sci-Tech Co., Ltd (SHSE:600446) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its shares. The repurchase price will not more than CNY 12 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 6 months. Announcement • Jun 28
Shenzhen Kingdom Sci-Tech Co., Ltd to Report First Half, 2024 Results on Aug 28, 2024 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • May 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.39 (vs CN¥0.29 in FY 2022) Full year 2023 results: EPS: CN¥0.39 (up from CN¥0.29 in FY 2022). Revenue: CN¥6.22b (down 4.0% from FY 2022). Net income: CN¥369.3m (up 37% from FY 2022). Profit margin: 5.9% (up from 4.2% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Mar 29
Shenzhen Kingdom Sci-Tech Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 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 6.2% 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 (6.2% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥11.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 27% over the past three years. Announcement • Dec 29
Shenzhen Kingdom Sci-Tech Co., Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.026 loss per share (vs CN¥0.063 profit in 3Q 2022) Third quarter 2023 results: CN¥0.026 loss per share (down from CN¥0.063 profit in 3Q 2022). Revenue: CN¥1.32b (down 20% from 3Q 2022). Net loss: CN¥24.5m (down 141% from profit in 3Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Shenzhen Kingdom Sci-Tech Co., Ltd to Report Q3, 2023 Results on Oct 27, 2023 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report Q3, 2023 results on Oct 27, 2023 New Risk • Aug 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (5.1% increase in shares outstanding). Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.12 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.12 in 2Q 2022). Revenue: CN¥1.46b (down 2.0% from 2Q 2022). Net income: CN¥124.1m (up 6.7% from 2Q 2022). Profit margin: 8.5% (up from 7.8% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 23% 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 • Jun 28
Shenzhen Kingdom Sci-Tech Co., Ltd to Report First Half, 2023 Results on Aug 29, 2023 Shenzhen Kingdom Sci-Tech Co., Ltd announced that they will report first half, 2023 results on Aug 29, 2023 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥17.23, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 46x in the Software industry in China. Total loss to shareholders of 7.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.88 per share. Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to CN¥13.96, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 41x in the Software industry in China. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.74 per share. Buying Opportunity • May 26
Now 20% undervalued Over the last 90 days, the stock is up 8.9%. The fair value is estimated to be CN¥17.78, 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 declined by 18%. Revenue is forecast to grow by 48% in 2 years. Earnings is forecast to grow by 130% in the next 2 years. Board Change • May 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Jun Li was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥18.96, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 42x in the Software industry in China. Total returns to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.45 per share. Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.27 in FY 2021) Full year 2022 results: EPS: CN¥0.29 (up from CN¥0.27 in FY 2021). Revenue: CN¥6.48b (down 2.5% from FY 2021). Net income: CN¥269.2m (up 8.0% from FY 2021). Profit margin: 4.2% (up from 3.8% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Jun Li was the last independent director to join the board, commencing their role in 2020. 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¥0.063 (vs CN¥0.17 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.063 (down from CN¥0.17 in 3Q 2021). Revenue: CN¥1.64b (up 2.4% from 3Q 2021). Net income: CN¥60.0m (down 64% from 3Q 2021). Profit margin: 3.6% (down from 10% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.021 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.021 in 2Q 2021). Revenue: CN¥1.49b (up 2.3% from 2Q 2021). Net income: CN¥116.3m (up 499% from 2Q 2021). Profit margin: 7.8% (up from 1.3% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the next year, revenue is forecast to grow 31%, compared to a 32% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Board Change • May 31
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Jun Li was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 29
First quarter 2022 earnings released: CN¥0.041 loss per share (vs CN¥0.042 profit in 1Q 2021) First quarter 2022 results: CN¥0.041 loss per share (down from CN¥0.042 profit in 1Q 2021). Revenue: CN¥1.23b (up 8.5% from 1Q 2021). Net loss: CN¥38.5m (down 207% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.27 (vs CN¥0.42 in FY 2020) Full year 2021 results: EPS: CN¥0.27 (down from CN¥0.42 in FY 2020). Revenue: CN¥6.65b (up 18% from FY 2020). Net income: CN¥249.4m (down 30% from FY 2020). Profit margin: 3.8% (down from 6.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 27%, compared to a 30% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥15.45, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥16.75, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 31x in the Software industry in China. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥14.34, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 33x in the Software industry in China. Total returns to shareholders of 56% over the past three years. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.021 (vs CN¥0.32 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.46b (up 8.6% from 2Q 2020). Net income: CN¥19.4m (down 93% from 2Q 2020). Profit margin: 1.3% (down from 21% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.42 (vs CN¥0.28 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.64b (up 16% from FY 2019). Net income: CN¥355.7m (up 49% from FY 2019). Profit margin: 6.3% (up from 4.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥14.97 The company is down 16% from its price of CN¥17.73 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 Software industry, which is up 2.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥14.99 The company is down 19% from its price of CN¥18.40 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥16.81 The company is down 9.0% from its price of CN¥18.45 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 3.0% over the same period. Is New 90 Day High Low • Oct 27
New 90-day low: CN¥17.92 The company is down 9.0% from its price of CN¥19.59 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Software industry, which is also down 9.0% over the same period.