Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥63.36, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 23x in the Tech industry in China. Total returns to shareholders of 216% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥97.69 per share. Buy Or Sell Opportunity • Jul 22
Now 22% undervalued Over the last 90 days, the stock has risen 36% to CN¥76.64. The fair value is estimated to be CN¥97.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 46% over the last 3 years. Earnings per share has grown by 62%. Revenue is forecast to grow by 278% in 2 years. Earnings are forecast to grow by 129% in the next 2 years. Reported Earnings • Jul 21
Second quarter 2026 earnings released: EPS: CN¥0.86 (vs CN¥0.18 in 2Q 2025) Second quarter 2026 results: EPS: CN¥0.86 (up from CN¥0.18 in 2Q 2025). Revenue: CN¥1.75b (up 60% from 2Q 2025). Net income: CN¥279.3m (up 369% from 2Q 2025). Profit margin: 16% (up from 5.4% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Announcement • Jun 30
JWIPC Technology Co., Ltd. to Report First Half, 2026 Results on Jul 18, 2026 JWIPC Technology Co., Ltd. announced that they will report first half, 2026 results on Jul 18, 2026 New Risk • May 15
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 53% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (53% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Major Estimate Revision • May 06
Consensus EPS estimates increase by 13%, revenue downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from CN¥5.30b to CN¥5.13b. EPS estimate rose from CN¥1.37 to CN¥1.55. Net income forecast to grow 94% next year vs 33% growth forecast for Tech industry in China. Consensus price target of CN¥88.45 unchanged from last update. Share price was steady at CN¥89.85 over the past week. Announcement • Apr 24
JWIPC Technology Co., Ltd., Annual General Meeting, May 18, 2026 JWIPC Technology Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: 23F, East Tower, Lupu Building, Xingke Road, Nanshan District, Shenzhen, Guangdong China New Risk • Apr 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 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Apr 14
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to CN¥67.18. The fair value is estimated to be CN¥55.70, 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 5.7%. Revenue is forecast to grow by 38% in 2 years. Earnings are forecast to grow by 139% in the next 2 years. Announcement • Mar 31
JWIPC Technology Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 JWIPC Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Buy Or Sell Opportunity • Mar 09
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 41% to CN¥72.96. The fair value is estimated to be CN¥55.83, 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 5.7%. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 109% in the next 2 years. Price Target Changed • Jan 21
Price target increased by 12% to CN¥71.00 Up from CN¥63.50, the current price target is provided by 1 analyst. New target price is 32% above last closing price of CN¥53.90. Stock is up 45% over the past year. The company is forecast to post earnings per share of CN¥0.87 for next year compared to CN¥0.50 last year. Announcement • Dec 31
JWIPC Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 JWIPC Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 22
Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.12 (up from CN¥0.10 in 3Q 2024). Revenue: CN¥1.03b (down 6.1% from 3Q 2024). Net income: CN¥29.2m (up 14% from 3Q 2024). Profit margin: 2.8% (up from 2.4% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
JWIPC Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 JWIPC Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 11
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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Aug 29
Now 20% undervalued Over the last 90 days, the stock has risen 42% to CN¥64.79. The fair value is estimated to be CN¥81.10, 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 22%. Revenue is forecast to grow by 42% in 2 years. Earnings are forecast to grow by 148% in the next 2 years. Reported Earnings • Aug 01
Second quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.19 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.19 in 2Q 2024). Revenue: CN¥1.09b (up 12% from 2Q 2024). Net income: CN¥59.6m (up 37% from 2Q 2024). Profit margin: 5.4% (up from 4.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Tech industry in China. Announcement • Jul 02
JWIPC Technology Co., Ltd. to Report First Half, 2025 Results on Aug 06, 2025 JWIPC Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 06, 2025 Announcement • May 22
Jwipc Technology Co., Ltd. Approves the Profit Distribution Proposal for 2024 JWIPC Technology Co., Ltd. approved the profit distribution proposal for 2024. For the period, the company reported Cash dividend/10 shares (tax included): CNY 0.80000000.
. Declared Dividend • May 22
Dividend of CN¥0.08 announced Shareholders will receive a dividend of CN¥0.08. Ex-date: 27th May 2025 Payment date: 27th May 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has increased by an average of 100% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 140% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 26
JWIPC Technology Co., Ltd., Annual General Meeting, May 16, 2025 JWIPC Technology Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: Room 1303, Block B, Haisong Building, Tairan 9th Road, Chegongmiao, Futian District, Shenzhen, Guangdong China Reported Earnings • Apr 13
Full year 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.13 in FY 2023) Full year 2024 results: EPS: CN¥0.50 (up from CN¥0.13 in FY 2023). Revenue: CN¥4.03b (up 10% from FY 2023). Net income: CN¥124.9m (up 281% from FY 2023). Profit margin: 3.1% (up from 0.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Tech industry in China. Announcement • Mar 31
JWIPC Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 JWIPC Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 New Risk • Mar 05
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. This is currently the only risk that has been identified for the company. Announcement • Dec 31
JWIPC Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 JWIPC Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.043 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.043 loss in 3Q 2023). Revenue: CN¥1.09b (down 4.5% from 3Q 2023). Net income: CN¥25.7m (up CN¥35.9m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Tech industry in China. Announcement • Sep 30
JWIPC Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 JWIPC Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Announcement • Aug 21
JWIPC Technology Co., Ltd. Announces Interim Dividend on A Shares for the Year 2024, Payable on 27 August 2024 JWIPC Technology Co., Ltd. announced interim cash dividend of CNY 0.80000000 per 10 A shares (tax included) for 2024. Record date: 26 August 2024. Ex-date: 27 August 2024. Payment date: 27 August 2024. Announcement • Aug 17
JWIPC Technology Co., Ltd. Approves Cash Dividend for 2023 JWIPC Technology Co., Ltd. at its Extraordinary General Meeting held on 15 August 2024 approved cash dividend of CNY 0.80000000 per 10 shares (tax included) for 2023. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.022 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.19 (up from CN¥0.022 in 2Q 2023). Revenue: CN¥974.9m (up 16% from 2Q 2023). Net income: CN¥43.6m (up CN¥38.0m from 2Q 2023). Profit margin: 4.5% (up from 0.7% in 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Tech industry in China. Announcement • Jun 29
JWIPC Technology Co., Ltd. to Report First Half, 2024 Results on Aug 15, 2024 JWIPC Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 15, 2024 Declared Dividend • May 23
Dividend of CN¥0.04 announced Dividend of CN¥0.04 is the same as last year. Ex-date: 27th May 2024 Payment date: 27th May 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.3%. Major Estimate Revision • May 02
Consensus revenue estimates decrease by 12% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥4.71b to CN¥4.17b. EPS estimate unchanged at CN¥0.76 per share. Net income forecast to grow 1,434% next year vs 27% growth forecast for Tech industry in China. Consensus price target up from CN¥27.64 to CN¥35.13. Share price rose 3.9% to CN¥28.10 over the past week. Price Target Changed • Apr 30
Price target increased by 17% to CN¥32.25 Up from CN¥27.64, the current price target is provided by 1 analyst. New target price is 15% above last closing price of CN¥28.10. Stock is up 8.3% over the past year. The company is forecast to post earnings per share of CN¥1.22 for next year compared to CN¥0.13 last year. Announcement • Apr 28
JWIPC Technology Co., Ltd., Annual General Meeting, May 16, 2024 JWIPC Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: Room 1303, Block B, Haisong Building, Tairan 9th Road, Chegongmiao, Futian District, Shenzhen, Guangdong China Agenda: To consider 2023 annual report and its summary; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider 2024 remuneration plan for directors; to consider 2024 remuneration plan for supervisors; to consider Change of the Company's registered capital, amendments to the Company's articles of association, and handling the industrial and commercial registration amendment; to consider Adjustment of the repurchase price and repurchase and cancellation of some restricted stocks; to consider Authorization to the board to handle matter regarding the speedy small-amount financing. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.15 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.15 in 1Q 2023). Revenue: CN¥713.8m (down 10% from 1Q 2023). Net income: CN¥12.9m (down 64% from 1Q 2023). Profit margin: 1.8% (down from 4.5% in 1Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Tech industry in China. Announcement • Apr 27
JWIPC Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2023 On April 26, 2024, JWIPC Technology Co., Ltd. proposed final Cash dividend/10 shares (tax included) of CNY 0.40000000 for the year 2023. Announcement • Mar 30
JWIPC Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 JWIPC Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Price Target Changed • Jan 22
Price target decreased by 11% to CN¥27.64 Down from CN¥31.02, the current price target is provided by 1 analyst. New target price is 15% below last closing price of CN¥32.45. Stock is up 17% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.58 last year. Announcement • Dec 30
JWIPC Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 JWIPC Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Dec 12
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: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin). Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.043 loss per share (vs CN¥0.12 profit in 3Q 2022) Third quarter 2023 results: CN¥0.043 loss per share (down from CN¥0.12 profit in 3Q 2022). Revenue: CN¥1.14b (up 40% from 3Q 2022). Net loss: CN¥10.2m (down 141% from profit in 3Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Tech industry in China. Announcement • Sep 30
JWIPC Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 JWIPC Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.19 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.022 (down from CN¥0.19 in 2Q 2022). Revenue: CN¥838.6m (up 28% from 2Q 2022). Net income: CN¥5.59m (down 84% from 2Q 2022). Profit margin: 0.7% (down from 5.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in China. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥32.25, the stock trades at a trailing P/E ratio of 69.2x. Average forward P/E is 23x in the Tech industry in China. Announcement • May 20
JWIPC Technology Co., Ltd. Approves 2022 Profit Distribution Plan JWIPC Technology Co., Ltd., at its Annual General Meeting of 2022 held on 18 May 2023, approved 2022 profit distribution plan. The detailed profit distribution plan are as follows: Cash dividend/10 shares (tax included) of CNY 0.40000000. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.21 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.21 in 1Q 2022). Revenue: CN¥796.3m (up 25% from 1Q 2022). Net income: CN¥35.9m (down 7.6% from 1Q 2022). Profit margin: 4.5% (down from 6.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥30.60, the stock trades at a trailing P/E ratio of 51.9x. Average trailing P/E is 43x in the Tech industry in China. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥31.72, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 45x in the Tech industry in China. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥25.20, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 39x in the Tech industry in China. Reported Earnings • Oct 28
Third quarter 2022 earnings released Third quarter 2022 results: EPS: CN¥0.12. Net income: CN¥24.8m (up CN¥24.8m from 3Q 2021). Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥23.85, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 36x in the Tech industry in China.