Reported Earnings • Jul 25
Second quarter 2026 earnings released: EPS: CN¥0.052 (vs CN¥0.05 in 2Q 2025) Second quarter 2026 results: EPS: CN¥0.052 (up from CN¥0.05 in 2Q 2025). Revenue: CN¥164.5m (up 41% from 2Q 2025). Net income: CN¥5.85m (up 4.9% from 2Q 2025). Profit margin: 3.6% (down from 4.8% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. New Risk • Jul 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 9.6% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Announcement • Jun 30
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report First Half, 2026 Results on Jul 25, 2026 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report first half, 2026 results on Jul 25, 2026 New Risk • May 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 639% 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: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). New Risk • Apr 24
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 4.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 14% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.7% net profit margin). Reported Earnings • Apr 24
First quarter 2026 earnings released: CN¥0.027 loss per share (vs CN¥0.046 profit in 1Q 2025) First quarter 2026 results: CN¥0.027 loss per share (down from CN¥0.046 profit in 1Q 2025). Revenue: CN¥90.7m (down 2.4% from 1Q 2025). Net loss: CN¥3.12m (down 159% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Announcement • Apr 24
Shenzhen Chengtian Weiye Technology Co., Ltd., Annual General Meeting, May 14, 2026 Shenzhen Chengtian Weiye Technology Co., Ltd., Annual General Meeting, May 14, 2026, at 15:00 China Standard Time. Location: 34F, Block B, Building 10, No. 10, Gaoxin South 9th Road, Gaoxinqu Community, Yuehai Subdistrict, Nanshan District, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 New Risk • Mar 31
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 10% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 15% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. New Risk • Jan 27
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 7.8% 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 Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Announcement • Dec 31
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.014 (vs CN¥0.011 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.014 (up from CN¥0.011 loss in 3Q 2024). Revenue: CN¥100.6m (up 9.9% from 3Q 2024). Net income: CN¥1.55m (up CN¥2.78m from 3Q 2024). Profit margin: 1.5% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Announcement • Jul 02
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 New Risk • May 17
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. New Risk • Apr 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 78% 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: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.046 (vs CN¥0.004 loss in 1Q 2024) First quarter 2025 results: EPS: CN¥0.046 (up from CN¥0.004 loss in 1Q 2024). Revenue: CN¥92.9m (up 33% from 1Q 2024). Net income: CN¥5.30m (up CN¥5.81m from 1Q 2024). Profit margin: 5.7% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Announcement • Apr 24
Shenzhen Chengtian Weiye Technology Co., Ltd., Annual General Meeting, May 14, 2025 Shenzhen Chengtian Weiye Technology Co., Ltd., Annual General Meeting, May 14, 2025, at 15:00 China Standard Time. Location: 34F, Block B, Building 10, No. 10, Gaoxin South 9th Road, Gaoxinqu Community, Yuehai Subdistrict, Nanshan District, Shenzhen, Guangdong China New Risk • Apr 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 8.6% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • Mar 31
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Announcement • Dec 31
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 Announcement • Dec 07
Shenzhen Chengtian Weiye Technology Co., Ltd. Approves Board Elections Shenzhen Chengtian Weiye Technology Co., Ltd. at its Extraordinary General Meeting held on 5 December 2024, approved the election of Lan Caiming and Han Yan as independent directors. Reported Earnings • Oct 25
Third quarter 2024 earnings released: CN¥0.011 loss per share (vs CN¥0.02 loss in 3Q 2023) Third quarter 2024 results: CN¥0.011 loss per share (improved from CN¥0.02 loss in 3Q 2023). Revenue: CN¥91.5m (up 5.9% from 3Q 2023). Net loss: CN¥1.23m (loss narrowed 47% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.071 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.071 in 2Q 2023). Revenue: CN¥87.8m (down 3.2% from 2Q 2023). Net income: CN¥2.15m (down 74% from 2Q 2023). Profit margin: 2.4% (down from 9.0% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year and the company’s share price has also fallen by 15% per year. Announcement • Jun 29
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024 Declared Dividend • Jun 15
Dividend increased to CN¥0.042 Dividend of CN¥0.042 is 40% higher than last year. Ex-date: 19th June 2024 Payment date: 19th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.3%. Payout Ratios Payout ratio: 290%. Cash payout ratio: 15%. Announcement • Apr 24
Shenzhen Chengtian Weiye Technology Co., Ltd., Annual General Meeting, May 14, 2024 Shenzhen Chengtian Weiye Technology Co., Ltd., Annual General Meeting, May 14, 2024, at 15:00 China Standard Time. Location: 34F, Tower B, Building 10, No. 10, Gaoxin South 9th Road, Gaoxinqu Community, Yuehai Subdistrict, Nanshan District, Shenzhen, Guangdong China Reported Earnings • Apr 24
First quarter 2024 earnings released: CN¥0.004 loss per share (vs CN¥0.059 profit in 1Q 2023) First quarter 2024 results: CN¥0.004 loss per share (down from CN¥0.059 profit in 1Q 2023). Revenue: CN¥69.8m (down 45% from 1Q 2023). Net loss: CN¥507.7k (down 108% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 24
Now 20% overvalued Over the last 90 days, the stock has fallen 21% to CN¥13.14. The fair value is estimated to be CN¥10.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last year. Earnings per share has declined by 39%. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to CN¥10.94, the stock trades at a trailing P/E ratio of 55.7x. Average trailing P/E is 44x in the Tech industry in China. Total loss to shareholders of 47% over the past three years. Announcement • Mar 30
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥12.13, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 40x in the Tech industry in China. Total loss to shareholders of 40% over the past three years. New Risk • Feb 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 7.2% 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 Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥13.93, the stock trades at a trailing P/E ratio of 70.9x. Average trailing P/E is 43x in the Tech industry in China. Total loss to shareholders of 29% over the past three years. Buy Or Sell Opportunity • Jan 30
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to CN¥15.30. The fair value is estimated to be CN¥19.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 16%. Announcement • Jan 27
Shenzhen Chengtian Weiye Technology Co., Ltd. (SZSE:300689) announces an Equity Buyback for CNY 30 million worth of its shares. Shenzhen Chengtian Weiye Technology Co., Ltd. (SZSE:300689) 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 not be purchased at a price exceeding CNY 25 per share. The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentives. The repurchase program will be funded from company's own funds. The repurchase program is valid for a period of 12 months from board's approval. Announcement • Dec 29
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.02 loss per share (vs CN¥0.12 profit in 3Q 2022) Third quarter 2023 results: CN¥0.02 loss per share (down from CN¥0.12 profit in 3Q 2022). Revenue: CN¥86.4m (down 43% from 3Q 2022). Net loss: CN¥2.31m (down 117% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.071 (vs CN¥0.11 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.071 (down from CN¥0.11 in 2Q 2022). Revenue: CN¥90.8m (down 26% from 2Q 2022). Net income: CN¥8.15m (down 26% from 2Q 2022). Profit margin: 9.0% (up from 8.9% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jul 01
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report First Half, 2023 Results on Aug 23, 2023 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 23, 2023 Announcement • Jun 03
Shenzhen Chengtian Weiye Technology Co., Ltd. Announces the Final Cash Dividend (A Shares) (Tax Included) for 2022, Payable on 09 June 2023 Shenzhen Chengtian Weiye Technology Co., Ltd. announced the final cash dividend (A shares) (tax included) for 2022 of CNY 0.30000000 per 10 shares. The dividend will be payable on 09 June 2023 with Record date of 08 June 2023 and Ex-date of 09 June 2023. Announcement • May 19
Shenzhen Chengtian Weiye Technology Co., Ltd. Approves Cash Dividend for the Year 2022 Shenzhen Chengtian Weiye Technology Co., Ltd. approved Cash dividend/10 shares (tax included) of CNY 0.30000000 for the year 2022. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥23.58, the stock trades at a trailing P/E ratio of 60.5x. Average trailing P/E is 45x in the Tech industry in China. Total returns to shareholders of 16% over the past three years. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.059 (vs CN¥0.03 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.059 (up from CN¥0.03 in 1Q 2022). Revenue: CN¥127.9m (up 19% from 1Q 2022). Net income: CN¥6.80m (up 68% from 1Q 2022). Profit margin: 5.3% (up from 3.8% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥19.55, the stock trades at a trailing P/E ratio of 62.3x. Average trailing P/E is 38x in the Tech industry in China. Total loss to shareholders of 22% over the past three years. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Supervisor Meng Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.042 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.042 in 3Q 2021). Revenue: CN¥155.4m (up 56% from 3Q 2021). Net income: CN¥17.2m (up 245% from 3Q 2021). Profit margin: 11% (up from 5.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Board Change • Sep 23
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Supervisor Lisha Lou is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.048 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.048 in 2Q 2021). Revenue: CN¥122.9m (up 4.6% from 2Q 2021). Net income: CN¥10.9m (up 86% from 2Q 2021). Profit margin: 8.9% (up from 5.0% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Jun 10
Shenzhen Chengtian Weiye Technology Co., Ltd. Approves 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 15, 2022 Shenzhen Chengtian Weiye Technology Co., Ltd. approved 2021 final profit distribution plan to be implemented (A shares), payable on June 15, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 0.85000000. The record date is June 14, 2022 and Ex-date is June 15, 2022. Announcement • May 18
Shenzhen Chengtian Weiye Technology Co., Ltd. Approves Final Dividend for the Year 2021 Shenzhen Chengtian Weiye Technology Co., Ltd. approved at its AGM held on 13 May 2022 cash dividend/10 shares (tax included) of CNY 0.85000000 for the year 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.02 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.03 (up from CN¥0.02 in 1Q 2021). Revenue: CN¥107.4m (up 28% from 1Q 2021). Net income: CN¥4.05m (up 114% from 1Q 2021). Profit margin: 3.8% (up from 2.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% 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 • Apr 26
Shenzhen Chengtian Weiye Technology Co., Ltd. Proposes Cash Dividend for the Year 2021 Shenzhen Chengtian Weiye Technology Co., Ltd. proposed Cash dividend/10 shares (tax included) of CNY 0.85000000 for the year 2021. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.042 (vs CN¥0.11 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥99.3m (up 8.7% from 3Q 2020). Net income: CN¥4.98m (down 62% from 3Q 2020). Profit margin: 5.0% (down from 14% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.096 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¥117.5m (up 5.8% from 2Q 2020). Net income: CN¥5.89m (down 52% from 2Q 2020). Profit margin: 5.0% (down from 11% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.03 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥83.8m (up 26% from 1Q 2020). Net income: CN¥1.89m (up 3.6% from 1Q 2020). Profit margin: 2.3% (down from 2.7% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥36.98, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 47x in the Tech industry in China. Total loss to shareholders of 12% over the past three years. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥33.42 The company is down 33% from its price of CN¥49.70 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 3.0% over the same period. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥35.44, the stock is trading at a trailing P/E ratio of 57.8x, down from the previous P/E ratio of 69x. This compares to an average P/E of 51x in the Tech industry in China. Total return to shareholders over the past three years is a loss of 12%. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥36.92 The company is down 5.0% from its price of CN¥38.91 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 Tech industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Nov 16
Market pulls back on stock over the past week After last week's 22% share price decline to CN¥46.30, the stock is trading at a trailing P/E ratio of 75.5x, down from the previous P/E ratio of 97.2x. This compares to an average P/E of 52x in the Tech industry in China. Total return to shareholders over the past three years is a loss of 10%. Is New 90 Day High Low • Nov 06
New 90-day high: CN¥49.70 The company is up 19% from its price of CN¥41.63 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is down 11% 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¥41.6m, down 17% from the prior year. Total revenue was CN¥371.7m over the last 12 months, up 3.5% from the prior year. Is New 90 Day High Low • Oct 20
New 90-day high: CN¥48.47 The company is up 14% from its price of CN¥42.38 on 22 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Tech industry, which is down 8.0% over the same period. Is New 90 Day High Low • Oct 04
New 90-day low: CN¥37.33 The company is down 1.0% from its price of CN¥37.75 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Tech industry, which is also down 1.0% over the same period. Announcement • Aug 10
Shenzhen Chengtian Weiye Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020 Shenzhen Chengtian Weiye Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020 
