Reported Earnings • Apr 27
Full year 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.24 loss in FY 2024) Full year 2025 results: EPS: CN¥0.19 (up from CN¥0.24 loss in FY 2024). Revenue: CN¥240.9m (down 4.2% from FY 2024). Net income: CN¥40.8m (up CN¥92.9m from FY 2024). Profit margin: 17% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Apr 27
Hangzhou CNCR-IT Co.,Ltd, Annual General Meeting, May 20, 2026 Hangzhou CNCR-IT Co.,Ltd, Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Announcement • Mar 31
Hangzhou CNCR-IT Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 Hangzhou CNCR-IT Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Hangzhou CNCR-IT Co.,Ltd to Report Fiscal Year 2025 Results on Apr 27, 2026 Hangzhou CNCR-IT Co.,Ltd announced that they will report fiscal year 2025 results on Apr 27, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.05 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.01 (up from CN¥0.05 loss in 3Q 2024). Revenue: CN¥57.8m (down 9.4% from 3Q 2024). Net income: CN¥2.49m (up CN¥12.9m from 3Q 2024). Profit margin: 4.3% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Hangzhou CNCR-IT Co.,Ltd to Report Q3, 2025 Results on Oct 24, 2025 Hangzhou CNCR-IT Co.,Ltd announced that they will report Q3, 2025 results on Oct 24, 2025 New Risk • Sep 23
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 8.6% 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. Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: CN¥0.055 (vs CN¥0.073 loss in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.055 (up from CN¥0.073 loss in 2Q 2024). Revenue: CN¥59.9m (up 42% from 2Q 2024). Net income: CN¥3.42m (up CN¥24.7m from 2Q 2024). Profit margin: 5.7% (up from net loss in 2Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Jul 02
Hangzhou CNCR-IT Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025 Hangzhou CNCR-IT Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Apr 25
Hangzhou CNCR-IT Co.,Ltd, Annual General Meeting, May 20, 2025 Hangzhou CNCR-IT Co.,Ltd, Annual General Meeting, May 20, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Announcement • Mar 31
Hangzhou CNCR-IT Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 Hangzhou CNCR-IT Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Jan 07
Hangzhou CNCR-IT Co.,Ltd (SZSE:300250) announces an Equity Buyback for CNY 30 million worth of its shares. Hangzhou CNCR-IT Co.,Ltd (SZSE:300250) 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 no more than CNY 18 per share. The repurchased shares will be used to maintain the company's value and shareholders' interests. The program will be funded from company's own funds. The plan will be valid for 3 months. Announcement • Dec 31
Hangzhou CNCR-IT Co.,Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025 Hangzhou CNCR-IT Co.,Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.05 loss per share (vs CN¥0.03 profit in 3Q 2023) Third quarter 2024 results: CN¥0.05 loss per share (down from CN¥0.03 profit in 3Q 2023). Revenue: CN¥63.8m (down 21% from 3Q 2023). Net loss: CN¥10.4m (down 305% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Hangzhou CNCR-IT Co.,Ltd to Report Q3, 2024 Results on Oct 29, 2024 Hangzhou CNCR-IT Co.,Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.073 loss per share (vs CN¥0.084 profit in 2Q 2023) Second quarter 2024 results: CN¥0.073 loss per share (down from CN¥0.084 profit in 2Q 2023). Revenue: CN¥42.2m (down 61% from 2Q 2023). Net loss: CN¥21.3m (down 207% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥12.51, the stock trades at a trailing P/E ratio of 79.9x. Average trailing P/E is 48x in the Communications industry in China. Negligible returns to shareholders over past three years. Announcement • Jun 29
Hangzhou CNCR-IT Co.,Ltd to Report First Half, 2024 Results on Aug 27, 2024 Hangzhou CNCR-IT Co.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024 New Risk • May 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% 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 24
Hangzhou CNCR-IT Co.,Ltd, Annual General Meeting, May 16, 2024 Hangzhou CNCR-IT Co.,Ltd, Annual General Meeting, May 16, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.54 loss in FY 2022) Full year 2023 results: EPS: CN¥0.12 (up from CN¥0.54 loss in FY 2022). Revenue: CN¥354.1m (down 1.8% from FY 2022). Net income: CN¥25.5m (up CN¥139.0m from FY 2022). Profit margin: 7.2% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Hangzhou CNCR-IT Co.,Ltd to Report Q1, 2024 Results on Apr 27, 2024 Hangzhou CNCR-IT Co.,Ltd announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Mar 01
Hangzhou CNCR-IT Co.,Ltd (SZSE:300250) announces an Equity Buyback for CNY 20 million worth of its shares. Hangzhou CNCR-IT Co.,Ltd (SZSE:300250) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at no more than CNY 15 per share. The purpose of the program is to maintain the company's value and shareholders' rights. The program will be funded from company's own funds. The plan will be valid for 3 months. Buying Opportunity • Jan 02
Now 20% undervalued Over the last 90 days, the stock is up 3.0%. The fair value is estimated to be CN¥21.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years. Meanwhile, the company became loss making. Announcement • Dec 30
Hangzhou CNCR-IT Co.,Ltd to Report Fiscal Year 2023 Results on Apr 24, 2024 Hangzhou CNCR-IT Co.,Ltd announced that they will report fiscal year 2023 results on Apr 24, 2024 Buying Opportunity • Dec 18
Now 21% undervalued Over the last 90 days, the stock is up 6.3%. The fair value is estimated to be CN¥21.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.9% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.045 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.03 (up from CN¥0.045 loss in 3Q 2022). Revenue: CN¥80.7m (down 12% from 3Q 2022). Net income: CN¥5.08m (up CN¥15.2m from 3Q 2022). Profit margin: 6.3% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Oct 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.084 (vs CN¥0.091 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.084. Revenue: CN¥107.3m (down 5.5% from 2Q 2022). Net income: CN¥19.9m (up 15% from 2Q 2022). Profit margin: 19% (up from 15% in 2Q 2022). Reported Earnings • Apr 28
Full year 2022 earnings released: CN¥0.54 loss per share (vs CN¥0.37 profit in FY 2021) Full year 2022 results: CN¥0.54 loss per share (down from CN¥0.37 profit in FY 2021). Revenue: CN¥360.5m (down 26% from FY 2021). Net loss: CN¥113.5m (down 244% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥16.08, the stock trades at a trailing P/E ratio of 66.7x. Average trailing P/E is 52x in the Communications industry in China. Total returns to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥19.25, the stock trades at a trailing P/E ratio of 79.8x. Average trailing P/E is 42x in the Communications industry in China. Total returns to shareholders of 5.7% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥14.45, the stock trades at a trailing P/E ratio of 59.9x. Average trailing P/E is 37x in the Communications industry in China. Total returns to shareholders of 2.1% over the past three years. Announcement • Nov 02
Hangzhou Cncr-It Co.,Ltd Announces Director Appointments Hangzhou CNCR-IT Co.,Ltd announced at the EGM held on October 31, 2022 that the company approved election of Cheng Taomu as non-independent director; Fang Jianzhong, Yu Jianping and Zhou Yuyu as independent directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.045 loss per share (vs CN¥0.092 profit in 3Q 2021) Third quarter 2022 results: CN¥0.045 loss per share (down from CN¥0.092 profit in 3Q 2021). Revenue: CN¥91.4m (down 25% from 3Q 2021). Net loss: CN¥10.1m (down 154% from profit in 3Q 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥11.88, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Communications industry in China. Total loss to shareholders of 9.5% over the past three years. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.091 (vs CN¥0.095 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.091. Revenue: CN¥113.6m (up 5.4% from 2Q 2021). Net income: CN¥17.3m (up 1.5% from 2Q 2021). Profit margin: 15% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 28%, compared to a 30% growth forecast for the Communications industry in China. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥13.75, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the Communications industry in China. Total loss to shareholders of 3.4% over the past three years. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Min Wang was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.092 (vs CN¥0.04 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥121.0m (up 18% from 3Q 2020). Net income: CN¥18.8m (up 140% from 3Q 2020). Profit margin: 16% (up from 7.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Apr 25
Full year 2020 earnings released: CN¥1.69 loss per share (vs CN¥0.21 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥407.8m (down 16% from FY 2019). Net loss: CN¥368.6m (down CN¥415.7m from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥9.01 The company is down 38% from its price of CN¥14.55 on 15 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 Communications industry, which is down 10.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥10.18 The company is down 26% from its price of CN¥13.67 on 29 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 Communications industry, which is down 7.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥11.73 The company is down 15% from its price of CN¥13.78 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 Communications industry, which is down 4.0% over the same period. Is New 90 Day High Low • Nov 23
New 90-day low: CN¥13.44 The company is down 13% from its price of CN¥15.50 on 25 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 Communications industry, which is down 9.0% over the same period. Announcement • Oct 20
Hangzhou CNCR-IT Co.,Ltd to Report Q3, 2020 Results on Oct 28, 2020 Hangzhou CNCR-IT Co.,Ltd announced that they will report Q3, 2020 results on Oct 28, 2020 Announcement • Aug 11
Hangzhou CNCR-IT Co.,Ltd to Report First Half, 2020 Results on Aug 27, 2020 Hangzhou CNCR-IT Co.,Ltd announced that they will report first half, 2020 results on Aug 27, 2020