Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥14.21, the stock trades at a trailing P/E ratio of 60.7x. Average trailing P/E is 72x in the Electronic industry in China. Total returns to shareholders of 172% over the past three years. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥17.14, the stock trades at a trailing P/E ratio of 73.4x. Average trailing P/E is 78x in the Electronic industry in China. Total returns to shareholders of 231% over the past three years. New Risk • May 07
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 8.0% 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. New Risk • Apr 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% 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. Announcement • Apr 20
Wuhan P&S Information Technology Co., Ltd., Annual General Meeting, May 15, 2026 Wuhan P&S Information Technology Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei China New Risk • Apr 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% 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. Announcement • Apr 17
Wuhan P&S Information Technology Co., Ltd. (SZSE:300184) announces an Equity Buyback for CNY 30 million worth of its shares. Wuhan P&S Information Technology Co., Ltd. (SZSE:300184) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its A shares. The shares will be repurchased at a price not more than CNY 15 per share. The repurchased shares will be used to reduce the Company's registered capital. The repurchased shares will be cancelled. The funds for the share repurchase will come from special loan funds for stock repurchase and the Company's own funds. The plan will be valid for a period of 6 months. Announcement • Mar 31
Wuhan P&S Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 20, 2026 Wuhan P&S Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 20, 2026 Announcement • Dec 31
Wuhan P&S Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2026 Wuhan P&S Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.052 (vs CN¥0.037 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.052 (up from CN¥0.037 in 3Q 2024). Revenue: CN¥2.45b (up 13% from 3Q 2024). Net income: CN¥59.8m (up 41% from 3Q 2024). Profit margin: 2.4% (up from 1.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. Announcement • Sep 30
Wuhan P&S Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Wuhan P&S Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 07
Second quarter 2025 earnings released: EPS: CN¥0.048 (vs CN¥0.02 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.048 (up from CN¥0.02 in 2Q 2024). Revenue: CN¥2.17b (up 14% from 2Q 2024). Net income: CN¥55.8m (up 145% from 2Q 2024). Profit margin: 2.6% (up from 1.2% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Jul 02
Wuhan P&S Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 07, 2025 Wuhan P&S Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 07, 2025 Announcement • Apr 20
Wuhan P&S Information Technology Co., Ltd., Annual General Meeting, May 12, 2025 Wuhan P&S Information Technology Co., Ltd., Annual General Meeting, May 12, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei China Reported Earnings • Apr 19
First quarter 2025 earnings released: EPS: CN¥0.035 (vs CN¥0.031 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.035 (up from CN¥0.031 in 1Q 2024). Revenue: CN¥1.87b (up 21% from 1Q 2024). Net income: CN¥40.3m (up 14% from 1Q 2024). Profit margin: 2.2% (down from 2.3% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Announcement • Mar 31
Wuhan P&S Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 19, 2025 Wuhan P&S Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 19, 2025 New Risk • Mar 19
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 8.0% 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
Wuhan P&S Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Wuhan P&S Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 19
Third quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.02 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.037 (up from CN¥0.02 in 3Q 2023). Revenue: CN¥2.17b (up 25% from 3Q 2023). Net income: CN¥42.3m (up 83% from 3Q 2023). Profit margin: 1.9% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Wuhan P&S Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 19, 2024 Wuhan P&S Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 19, 2024 New Risk • Aug 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 8.2% 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 (8.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.016 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.016 in 2Q 2023). Revenue: CN¥1.90b (up 35% from 2Q 2023). Net income: CN¥22.7m (up 21% from 2Q 2023). Profit margin: 1.2% (down from 1.3% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jun 29
Wuhan P&S Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 16, 2024 Wuhan P&S Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 16, 2024 Announcement • Apr 21
Wuhan P&S Information Technology Co., Ltd., Annual General Meeting, May 13, 2024 Wuhan P&S Information Technology Co., Ltd., Annual General Meeting, May 13, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei China Reported Earnings • Apr 20
First quarter 2024 earnings released: EPS: CN¥0.031 (vs CN¥0.029 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.031 (up from CN¥0.029 in 1Q 2023). Revenue: CN¥1.54b (up 30% from 1Q 2023). Net income: CN¥35.2m (up 5.1% from 1Q 2023). Profit margin: 2.3% (down from 2.8% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥4.19, the stock trades at a trailing P/E ratio of 57.9x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 6.3% over the past three years. Announcement • Mar 30
Wuhan P&S Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Wuhan P&S Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥5.78, the stock trades at a trailing P/E ratio of 79.8x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥4.14, the stock trades at a trailing P/E ratio of 57.2x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 20% over the past three years. Announcement • Dec 30
Wuhan P&S Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Wuhan P&S Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.04 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.02 (down from CN¥0.04 in 3Q 2022). Revenue: CN¥1.73b (down 1.2% from 3Q 2022). Net income: CN¥23.1m (down 51% from 3Q 2022). Profit margin: 1.3% (down from 2.7% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥5.85, the stock trades at a trailing P/E ratio of 62.8x. Average trailing P/E is 45x in the Electronic industry in China. Total loss to shareholders of 11% over the past three years. Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.059 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.016 (down from CN¥0.059 in 2Q 2022). Revenue: CN¥1.41b (down 35% from 2Q 2022). Net income: CN¥18.9m (down 72% from 2Q 2022). Profit margin: 1.3% (down from 3.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Jul 01
Wuhan P&S Information Technology Co., Ltd. to Report First Half, 2023 Results on Aug 19, 2023 Wuhan P&S Information Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 19, 2023 Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yuemei Guo was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 19
Wuhan P&S Information Technology Co., Ltd. Approves the Election of Guo Yuemei as an Independent Director Wuhan P&S Information Technology Co., Ltd. approved the election of Guo Yuemei as an independent director, at the AGM held on May 17, 2023. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.029 (vs CN¥0.087 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.029 (down from CN¥0.087 in 1Q 2022). Revenue: CN¥1.18b (down 50% from 1Q 2022). Net income: CN¥33.5m (down 67% from 1Q 2022). Profit margin: 2.8% (down from 4.3% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.068 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.04 (down from CN¥0.068 in 3Q 2021). Revenue: CN¥1.76b (down 28% from 3Q 2021). Net income: CN¥47.1m (down 41% from 3Q 2021). Profit margin: 2.7% (down from 3.3% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: CN¥0.059 (vs CN¥0.094 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.059 (down from CN¥0.094 in 2Q 2021). Revenue: CN¥2.16b (down 24% from 2Q 2021). Net income: CN¥68.5m (down 38% from 2Q 2021). Profit margin: 3.2% (down from 3.9% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Jul 23
Wuhan P&S Information Technology Co., Ltd. (SZSE:300184) commences an Equity Buyback Plan for CNY 60 million worth of its shares, under the authorization approved on July 15, 2022. Wuhan P&S Information Technology Co., Ltd. (SZSE:300184) commences share repurchases on July 21, 2022, under the program mandated by the shareholders in the Extraordinary General Meeting held on July 15, 2022. As per the mandate, the company is authorized to repurchase up to CNY 60 million worth of shares. The shares will be repurchased at a price of not more than CNY 7.5 per share. The repurchased shares will be used to cancel and reduce share capital. The program will be valid till earlier of 6 months from the date of shareholders' approval. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.087 (up from CN¥0.06 in 1Q 2021). Revenue: CN¥2.37b (down 14% from 1Q 2021). Net income: CN¥101.7m (up 45% from 1Q 2021). Profit margin: 4.3% (up from 2.6% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has fallen by 60% 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. Reported Earnings • Mar 31
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.26 (up from CN¥1.47 loss in FY 2020). Revenue: CN¥10.4b (flat on FY 2020). Net income: CN¥306.4m (up CN¥2.04b from FY 2020). Profit margin: 2.9% (up from net loss in FY 2020). Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 16
Third quarter 2021 earnings released: EPS CN¥0.068 (vs CN¥0.04 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥2.45b (down 9.7% from 3Q 2020). Net income: CN¥79.9m (up 71% from 3Q 2020). Profit margin: 3.3% (up from 1.7% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance. Announcement • Aug 12
An unknown buyer acquired an unknown minority stake in Wuhan P&S Information Technology Co., Ltd. (SZSE:300184) from Huaxia Life Insurance Co., Ltd. An unknown buyer acquired an unknown minority stake in Wuhan P&S Information Technology Co., Ltd. (SZSE:300184) from Huaxia Life Insurance Co., Ltd. on August 11, 2021. As a result of the transaction, stake of Huaxia Life Insurance Co., Ltd. in Wuhan P&S Information Technology Co., Ltd. reduces from 6.9% to below 5%.
An unknown buyer completed the acquisition of an unknown minority stake in Wuhan P&S Information Technology Co., Ltd. (SZSE:300184) from Huaxia Life Insurance Co., Ltd. on August 11, 2021. Reported Earnings • Aug 01
Second quarter 2021 earnings released: EPS CN¥0.094 (vs CN¥0.044 in 2Q 2020) The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: CN¥2.84b (flat on 2Q 2020). Net income: CN¥110.9m (up 113% from 2Q 2020). Profit margin: 3.9% (up from 1.9% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. Announcement • May 08
Wuhan P&S Information Technology Co., Ltd. (SZSE:300184) commences an Equity Buyback Plan for CNY 70 million worth of its shares, under the authorization approved on April 2, 2021. Wuhan P&S Information Technology Co., Ltd. (SZSE:300184) commences share repurchases on May 6, 2021, under the program mandated by the shareholders in the Extraordinary General Meeting held on April 2, 2021. As per the mandate, the company is authorized to repurchase up to CNY 70 million worth of shares. The shares will be repurchased at a price of not more than CNY 5.5 per share. The program will be funded out of the company's own funds. The repurchased shares will be used for implementation of equity incentives or employee stock ownership plans. The repurchased shares will be cancelled. The program will be valid till earlier of 6 months from the date of shareholders'' approval or when the repurchase reaches the maximum limit, unless terminated by the Board earlier. Reported Earnings • Apr 18
First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.047 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥2.75b (up 4.6% from 1Q 2020). Net income: CN¥70.3m (up 28% from 1Q 2020). Profit margin: 2.6% (up from 2.1% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Announcement • Mar 09
Wuhan P&S Information Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 17, 2021 Wuhan P&S Information Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 17, 2021 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥3.89, the stock is trading at a trailing P/E ratio of 42.5x, up from the previous P/E ratio of 36.8x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 34%. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 27% share price decline to CN¥3.51, the stock is trading at a trailing P/E ratio of 38.3x, down from the previous P/E ratio of 52.5x. This compares to an average P/E of 40x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 45%. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥4.45 The company is down 32% from its price of CN¥6.56 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥4.60 The company is down 29% from its price of CN¥6.48 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 Electronic industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: CN¥5.51 The company is down 20% from its price of CN¥6.88 on 16 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period. Is New 90 Day High Low • Nov 26
New 90-day low: CN¥5.90 The company is down 16% from its price of CN¥7.00 on 28 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥6.21 The company is down 3.0% from its price of CN¥6.40 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥107.8m, down 63% from the prior year. Total revenue was CN¥10.9b over the last 12 months, down 15% from the prior year. Announcement • Oct 20
Wuhan P&S Information Technology Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020 Wuhan P&S Information Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020 Announcement • Jul 23
Wuhan P&S Information Technology Co., Ltd. to Report First Half, 2020 Results on Aug 18, 2020 Wuhan P&S Information Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 18, 2020