New Risk • May 07
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: 10% Last year net profit margin: 15% 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: Minor Risks Dividend is not well covered by cash flows (138% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin). Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥21.07, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 109x in the Communications industry in China. Total returns to shareholders of 93% over the past three years. New Risk • Apr 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (9.9% average weekly change). Large one-off items impacting financial results. Announcement • Mar 31
GHT Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 GHT Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: CN¥0.39 (vs CN¥0.30 in FY 2024) Full year 2025 results: EPS: CN¥0.39 (up from CN¥0.30 in FY 2024). Revenue: CN¥743.0m (up 37% from FY 2024). Net income: CN¥95.8m (up 30% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 26
GHT Co.,Ltd, Annual General Meeting, Apr 21, 2026 GHT Co.,Ltd, Annual General Meeting, Apr 21, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to CN¥26.61, the stock trades at a trailing P/E ratio of 75x. Average trailing P/E is 81x in the Communications industry in China. Total returns to shareholders of 158% over the past three years. New Risk • Jan 14
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 7.7% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Announcement • Dec 31
GHT Co.,Ltd to Report Fiscal Year 2025 Results on Mar 27, 2026 GHT Co.,Ltd announced that they will report fiscal year 2025 results on Mar 27, 2026 New Risk • Oct 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 43% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: CN¥0.044 (vs CN¥0.026 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.044 (up from CN¥0.026 in 3Q 2024). Revenue: CN¥137.8m (up 68% from 3Q 2024). Net income: CN¥11.0m (up 68% from 3Q 2024). Profit margin: 8.0% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
GHT Co.,Ltd to Report Q3, 2025 Results on Oct 24, 2025 GHT Co.,Ltd announced that they will report Q3, 2025 results on Oct 24, 2025 New Risk • Sep 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% 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: Minor Risks Dividend is not well covered by cash flows (95% cash payout ratio). Large one-off items impacting financial results. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: CN¥0.062 (vs CN¥0.055 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.062 (up from CN¥0.055 in 2Q 2024). Revenue: CN¥140.2m (up 44% from 2Q 2024). Net income: CN¥15.4m (up 13% from 2Q 2024). Profit margin: 11% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 22
GHT Co.,Ltd announced that it expects to receive CNY 750 million in funding GHT Co.,Ltd announced a private placement to issue 49,834,121 A share for the proceeds of CNY 750,000,000 on July 21, 2025. Issue price shall not be not less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction includes participation of not more than 35 investors. The shares cannot be transferred within 6 months from the issuance closing date. The transaction is approved by board of directors at 18th Meeting of the Company’s 5th Directorate and the 14th Meeting of the 5th Supervisory Board. Transaction is still subject to approval from shareholders, stock exchange and China Securities Regulatory Commission. Announcement • Jul 02
GHT Co.,Ltd to Report First Half, 2025 Results on Aug 12, 2025 GHT Co.,Ltd announced that they will report first half, 2025 results on Aug 12, 2025 Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.036 (vs CN¥0.003 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.036 (up from CN¥0.003 in 1Q 2024). Revenue: CN¥54.0m (flat on 1Q 2024). Net income: CN¥9.02m (up CN¥8.22m from 1Q 2024). Profit margin: 17% (up from 1.5% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 18
GHT Co.,Ltd. Approves Cash Dividend for 2024 GHT Co.,Ltd. at its Annual General Meeting held on 16 April 2025 approved cash dividend of CNY 2.00000000 per 10 shares (tax included) for 2024. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥17.69, the stock trades at a trailing P/E ratio of 59.7x. Average trailing P/E is 75x in the Communications industry in China. Total returns to shareholders of 86% over the past three years. Announcement • Mar 31
GHT Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025 GHT Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Mar 28
Ght Co.,Ltd Proposes Final Dividend for Year 2024 GHT Co.,Ltd announced on 27 March 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 2.00000000. Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.25 in FY 2023) Full year 2024 results: EPS: CN¥0.30 (up from CN¥0.25 in FY 2023). Revenue: CN¥543.6m (up 21% from FY 2023). Net income: CN¥73.9m (up 21% from FY 2023). Profit margin: 14% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 27
GHT Co.,Ltd, Annual General Meeting, Apr 16, 2025 GHT Co.,Ltd, Annual General Meeting, Apr 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Announcement • Dec 31
GHT Co.,Ltd to Report Fiscal Year 2024 Results on Mar 27, 2025 GHT Co.,Ltd announced that they will report fiscal year 2024 results on Mar 27, 2025 Announcement • Nov 20
GHT Co.,Ltd (SZSE:300711) agreed to acquire 51% stake in Beijing Easy Viewpoint Technology Co., Ltd. for CNY 66.3 million. GHT Co.,Ltd (SZSE:300711) agreed to acquire 51% stake in Beijing Easy Viewpoint Technology Co., Ltd. for CNY 66.3 million on November 18, 2024. As of August 31, 2024, Beijing Easy Viewpoint Technology Co., Ltd. generated total assets of CNY 76.3 million and net assets of CNY 21.12 million. The transaction is approved by board of directors of GHT Co.,Ltd. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.026 (vs CN¥0.017 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.026 (up from CN¥0.017 in 3Q 2023). Revenue: CN¥82.0m (up 15% from 3Q 2023). Net income: CN¥6.54m (up 51% from 3Q 2023). Profit margin: 8.0% (up from 6.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
GHT Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024 GHT Co.,Ltd announced that they will report Q3, 2024 results on Oct 25, 2024 New Risk • Sep 23
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 8.6% 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. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥15.71, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 36x in the Communications industry in China. Total returns to shareholders of 36% over the past three years. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: CN¥0.055 (vs CN¥0.052 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.055 (up from CN¥0.052 in 2Q 2023). Revenue: CN¥97.5m (up 15% from 2Q 2023). Net income: CN¥13.6m (up 2.4% from 2Q 2023). Profit margin: 14% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥16.61, the stock trades at a trailing P/E ratio of 65.9x. Average trailing P/E is 48x in the Communications industry in China. Total returns to shareholders of 19% over the past three years. Announcement • Jun 29
GHT Co.,Ltd to Report First Half, 2024 Results on Aug 16, 2024 GHT Co.,Ltd announced that they will report first half, 2024 results on Aug 16, 2024 Announcement • Jun 08
GHT Co.,Ltd Approves Cash Dividend for the Year 2023 GHT Co.,Ltd at its Annual General Meeting held on 04 June 2024, approved cash dividend per ten shares (tax included) of CNY 1.00000000 for the year 2023. Valuation Update With 7 Day Price Move • May 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥18.06, the stock trades at a trailing P/E ratio of 71.6x. Average trailing P/E is 55x in the Communications industry in China. Total returns to shareholders of 61% over the past three years. Announcement • May 12
GHT Co.,Ltd, Annual General Meeting, Jun 04, 2024 GHT Co.,Ltd, Annual General Meeting, Jun 04, 2024, at 14:30 China Standard Time. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.003 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.003 (up from CN¥0.003 loss in 1Q 2023). Revenue: CN¥54.4m (up 16% from 1Q 2023). Net income: CN¥795.2k (up CN¥1.60m from 1Q 2023). Profit margin: 1.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 28% per year. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.55, the stock trades at a trailing P/E ratio of 59.2x. Average trailing P/E is 47x in the Communications industry in China. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥14.73, the stock trades at a trailing P/E ratio of 60x. Average trailing P/E is 51x in the Communications industry in China. Total returns to shareholders of 29% over the past three years. Announcement • Mar 30
GHT Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024 GHT Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.20 in FY 2022) Full year 2023 results: EPS: CN¥0.25 (up from CN¥0.20 in FY 2022). Revenue: CN¥450.9m (up 18% from FY 2022). Net income: CN¥61.2m (up 25% from FY 2022). Profit margin: 14% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥11.74, the stock trades at a trailing P/E ratio of 53.1x. Average trailing P/E is 40x in the Communications industry in China. Total loss to shareholders of 18% over the past three years. Buy Or Sell Opportunity • Feb 22
Now 27% overvalued Over the last 90 days, the stock has fallen 16% to CN¥11.74. The fair value is estimated to be CN¥9.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 22%. New Risk • Feb 08
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 7.7% 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. 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¥10.20, the stock trades at a trailing P/E ratio of 46.1x. Average trailing P/E is 39x in the Communications industry in China. Total loss to shareholders of 3.9% over the past three years. Announcement • Dec 29
GHT Co.,Ltd to Report Fiscal Year 2023 Results on Mar 22, 2024 GHT Co.,Ltd announced that they will report fiscal year 2023 results on Mar 22, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.017 (vs CN¥0.038 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.017 (down from CN¥0.038 in 3Q 2022). Revenue: CN¥71.5m (up 7.6% from 3Q 2022). Net income: CN¥4.34m (down 56% from 3Q 2022). Profit margin: 6.1% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥15.92, the stock trades at a trailing P/E ratio of 65.5x. Average trailing P/E is 52x in the Communications industry in China. Total returns to shareholders of 31% over the past three years. Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.052 (vs CN¥0.02 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.052 (up from CN¥0.02 in 2Q 2022). Revenue: CN¥84.5m (up 23% from 2Q 2022). Net income: CN¥13.3m (up 181% from 2Q 2022). Profit margin: 16% (up from 6.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jul 01
GHT Co.,Ltd to Report First Half, 2023 Results on Aug 24, 2023 GHT Co.,Ltd announced that they will report first half, 2023 results on Aug 24, 2023 New Risk • Jun 13
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 7.7% 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 • May 25
GHT Co.,Ltd Announces Final Cash Dividend on A Shares for 2022, Payable on 31 May 2023 GHT Co.,Ltd announced final cash dividend of CNY 0.80000000 per 10 Shares on A shares for 2022. Record date is 30 May 2023, Ex-date is 31 May 2023 and Payment date is 31 May 2023. Announcement • May 13
GHT Co.,Ltd Approves Cash Dividend for the Year 2022 GHT Co.,Ltd at its AGM held on May 09, 2023 approved cash dividend/10 shares (tax included): CNY 0.80000000 for the year 2022. Reported Earnings • Apr 28
First quarter 2023 earnings released: CN¥0.004 loss per share (vs CN¥0.019 loss in 1Q 2022) First quarter 2023 results: CN¥0.004 loss per share (improved from CN¥0.019 loss in 1Q 2022). Revenue: CN¥46.8m (up 14% from 1Q 2022). Net loss: CN¥799.8k (loss narrowed 80% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Chairman Ou Cheng was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.046 (vs CN¥0.016 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.046 (up from CN¥0.016 in 3Q 2021). Revenue: CN¥66.4m (up 49% from 3Q 2021). Net income: CN¥9.78m (up 183% from 3Q 2021). Profit margin: 15% (up from 7.8% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% 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 22% share price gain to CN¥12.13, the stock trades at a trailing P/E ratio of 50.9x. Average trailing P/E is 33x in the Communications industry in China. Total loss to shareholders of 4.2% over the past three years. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.023 (vs CN¥0.013 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.023 (up from CN¥0.013 in 2Q 2021). Revenue: CN¥69.0m (up 25% from 2Q 2021). Net income: CN¥4.74m (up 78% from 2Q 2021). Profit margin: 6.9% (up from 4.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jun 07
GHT Co.,Ltd Announces 2021 Final Profit Distribution, Payable on June 10, 2022 GHT Co.,Ltd announced that 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.10. Record date is 09 June 2022. Ex-date is 10 June 2022. Payment date is 10 June 2022. Reported Earnings • Apr 28
First quarter 2022 earnings released: CN¥0.019 loss per share (vs CN¥0.037 loss in 1Q 2021) First quarter 2022 results: CN¥0.019 loss per share (up from CN¥0.037 loss in 1Q 2021). Revenue: CN¥41.2m (up 23% from 1Q 2021). Net loss: CN¥3.93m (loss narrowed 48% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Non-Independent Director Guangjun Jing is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 24
GHT Co.,Ltd Approves Cash Dividend for 2021 GHT Co.,Ltd at its Annual General Meeting of 2021 on 21 April 2022 approved cash dividend/10 shares (tax included) of CNY 1.10000000. Announcement • Apr 02
GHT Co.,Ltd, Annual General Meeting, Apr 21, 2022 GHT Co.,Ltd, Annual General Meeting, Apr 21, 2022, at 14:30 China Standard Time. Agenda: To review and consider the following reports: 2021 work report of the board of directors; 2021 work report of the supervisory committee; 2021 annual accounts; 2021 profit distribution plan; 2021 internal control self-evaluation report; 2021 annual report and its summary; to consider reappointment of 2022 audit firm; to consider amendments to the Company's articles of association; to consider by-election of non-independent directors, to consider by-election of non-employee supervisors, cumulative voting system applicable; and to consider similar matters. Announcement • Apr 01
GHT Co.,Ltd Proposes Cash Dividend for 2021 GHT Co.,Ltd announced on 31 March 2022 the profit distribution proposal for 2021 as cash dividend/10 shares (tax included): CNY 1.10000000. Reported Earnings • Mar 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.21 (up from CN¥0.15 in FY 2020). Revenue: CN¥345.9m (up 12% from FY 2020). Net income: CN¥43.7m (up 42% from FY 2020). Profit margin: 13% (up from 10.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.005 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥44.4m (up 9.6% from 3Q 2020). Net income: CN¥3.45m (up 261% from 3Q 2020). Profit margin: 7.8% (up from 2.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.013 (vs CN¥0.033 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥55.1m (down 14% from 2Q 2020). Net income: CN¥2.66m (down 61% from 2Q 2020). Profit margin: 4.8% (down from 11% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Apr 29
First quarter 2021 earnings released: CN¥0.037 loss per share (vs CN¥0.046 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥33.6m (up 162% from 1Q 2020). Net loss: CN¥7.60m (loss narrowed 21% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% 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 • Apr 26
GHT Co.,Ltd Approves Cash Dividend for the Year 2020 GHT Co.,Ltd held its Annual General Meeting of 2020 on 22 April 2021, the company approved the cash dividend (tax included) CNY 0.38000000 per 10 shares for the year 2020. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS CN¥0.15 (vs CN¥0.082 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥308.3m (up 15% from FY 2019). Net income: CN¥30.8m (up 81% from FY 2019). Profit margin: 10.0% (up from 6.4% in FY 2019). 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 only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS CN¥0.15 (vs CN¥0.082 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥308.3m (up 15% from FY 2019). Net income: CN¥30.8m (up 81% from FY 2019). Profit margin: 10.0% (up from 6.4% in FY 2019). 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 only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Feb 24
GHT Co.,Ltd to Report Fiscal Year 2020 Results on Mar 31, 2021 GHT Co.,Ltd announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Jan 21
New 90-day low: CN¥16.48 The company is down 27% from its price of CN¥22.45 on 23 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 6.0% over the same period. Announcement • Dec 30
GHT Co.,Ltd Announces Board Appointments GHT Co.,Ltd appointed Dai Suigang and Yuan Feng as non-independent directors of the company and Ji Zhengxiong, Cai Rongxin and Zhao Yongwei as independent directors of the company at extraordinary general meeting held on December 25, 2020. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥16.49 The company is down 12% from its price of CN¥18.70 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 • Sep 22
New 90-day high: CN¥15.60 The company is up 29% from its price of CN¥12.13 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 2.0% over the same period. Announcement • Aug 11
GHT Co.,Ltd to Report First Half, 2020 Results on Aug 27, 2020 GHT Co.,Ltd announced that they will report first half, 2020 results on Aug 27, 2020