Upcoming Dividend • Apr 03
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 10 April 2026. Payment date: 30 April 2026. Trailing yield: 5.0%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (2.8%). Reported Earnings • Mar 18
Full year 2025 earnings released: EPS: CN¥4.84 (vs CN¥5.63 in FY 2024) Full year 2025 results: EPS: CN¥4.84 (down from CN¥5.63 in FY 2024). Revenue: CN¥10.4b (down 1.9% from FY 2024). Net income: CN¥804.0m (down 23% from FY 2024). Profit margin: 7.8% (down from 9.8% in FY 2024). Revenue is forecast to stay flat during the next 2 years compared to a 7.7% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 22% 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 • Feb 13
Hello Group Inc. to Report Q4, 2025 Results on Mar 18, 2026 Hello Group Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 18, 2026 Buy Or Sell Opportunity • Jan 21
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at US$6.85. The fair value is estimated to be US$5.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 0.4% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Buy Or Sell Opportunity • Jan 05
Now 21% overvalued Over the last 90 days, the stock has fallen 5.6% to US$6.92. The fair value is estimated to be US$5.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 0.4% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Buy Or Sell Opportunity • Dec 20
Now 20% overvalued Over the last 90 days, the stock has fallen 12% to US$6.70. The fair value is estimated to be US$5.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 0.4% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Reported Earnings • Dec 11
Third quarter 2025 earnings released: EPS: CN¥2.10 (vs CN¥2.58 in 3Q 2024) Third quarter 2025 results: EPS: CN¥2.10 (down from CN¥2.58 in 3Q 2024). Revenue: CN¥2.65b (flat on 3Q 2024). Net income: CN¥348.9m (down 22% from 3Q 2024). Profit margin: 13% (down from 17% in 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 7.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Dec 11
Hello Group Inc. Provides Earnings Guidance for the Fourth Quarter of 2025 Hello Group Inc. provided earnings guidance For the fourth quarter of 2025. For the period, the Company expects total net revenues to be between RMB 2.52 billion to RMB 2.62 billion, representing a decrease of 4.4% to 0.6% year over year. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change. Announcement • Nov 12
Hello Group Inc. to Report Q3, 2025 Results on Dec 10, 2025 Hello Group Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Dec 10, 2025 Announcement • Oct 02
Hello Soju Redifies the Cocktail Landscap with Its First Premium Soju Spirit Hello Soju announced the debut of its first premium Soju Spirit, offering a more approachable take on the centuries-old Korean favorite. Long celebrated in Korea as the country's national drink, soju has rapidly gained traction in the U.S. cocktail scene, where mixologists are embracing its versatility and lower ABV as a fresh alternative to traditional Western spirits. Hello Soju now brings that momentum to the shelves with a quality-crafted, small-batch release designed for modern drink. Crafted in small batches from non-GMO "sticky rice" grown in the mineral-rich fields of Northern California's renowned Sacramento Valley, Hello Soju undergoes a five to seven-day fermentation before being distilled in copper pot stills using the traditional Korean method. The process involves a double pot distillation, which extends more flavor and character while ensuring purity. Only the purest portion of the spirit, the hearts, is pulled, resulting in a smooth, balanced, and spirit-forward soju. On the palate, Hello Soju opens with an initial citrus-forward brightness that develops into a burst of fruitiness, layered with notes of rice. The taste is balanced yet complex, with a soft, coating texture that carries a full body more often found in darker-hued spirits. The mid-palate retains the delicate fruit character, giving way to a clean, enduring finish. At 66 proof (33% ABV), it delivers more character than everyday soju or vodka with subtle notes of honey, citrus, and melon, equally suited for sipping neat, sharing as a shot, or mixing into cocktails. The launch also introduces Hello Soju's proprietary design: a beautiful 700mL black ombre bottle adorned with the brand's signature gold phoenix, which symbolizes rebirth, celebration, and cultural pride. The bottle's striking design reflects the brand's modern approach to a centuries-old Korean tradition. With its bold presence and cultural symbolism, it's the kind of bottle you want to display, share and gift. Starting October 1, 2025, Hello Soju Premium Soju Spirit is available for pre-order at <URL> for a suggested retail price of $40. The spirit will begin rolling out to select retailers across California and Nevada later this fall. It will also be featured at Tao Group venues in Los Angeles and Las Vegas. New Risk • Sep 10
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: 8.2% Last year net profit margin: 12% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (8.2% net profit margin). Reported Earnings • Sep 10
Second quarter 2025 earnings released: CN¥0.84 loss per share (vs CN¥2.20 profit in 2Q 2024) Second quarter 2025 results: CN¥0.84 loss per share (down from CN¥2.20 profit in 2Q 2024). Revenue: CN¥2.62b (down 2.6% from 2Q 2024). Net loss: CN¥140.2m (down 135% from profit in 2Q 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Sep 09
Hello Group Inc. Provides Earning Guidance for the Third Quarter of 2025 Hello Group Inc. provided earning guidance For the third quarter of 2025. For the period, the Company expected net revenues to be between RMB 2.59 billion to RMB 2.69 billion, representing a decrease of 3.2% to an increase of 0.6% year over year. Buy Or Sell Opportunity • Sep 08
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.6% to US$8.00. The fair value is estimated to be US$10.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.1% in 2 years. Earnings are forecast to decline by 9.9% in the next 2 years. Buy Or Sell Opportunity • Aug 19
Now 21% undervalued Over the last 90 days, the stock has risen 33% to US$8.11. The fair value is estimated to be US$10.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.1% in 2 years. Earnings are forecast to decline by 9.9% in the next 2 years. Announcement • Aug 13
Hello Group Inc. to Report Q2, 2025 Results on Sep 09, 2025 Hello Group Inc. announced that they will report Q2, 2025 results Pre-Market on Sep 09, 2025 Buy Or Sell Opportunity • Jul 31
Now 20% undervalued Over the last 90 days, the stock has risen 41% to US$8.25. The fair value is estimated to be US$10.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.1% in 2 years. Earnings are forecast to decline by 9.9% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to US$8.35, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 27x in the Interactive Media and Services industry in the United Kingdom. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$9.83 per share. Reported Earnings • Jun 06
First quarter 2025 earnings released: EPS: CN¥2.11 (vs CN¥0.028 in 1Q 2024) First quarter 2025 results: EPS: CN¥2.11 (up from CN¥0.028 in 1Q 2024). Revenue: CN¥2.52b (down 1.5% from 1Q 2024). Net income: CN¥358.0m (up CN¥352.8m from 1Q 2024). Profit margin: 14% (up from 0.2% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Jun 05
Hello Group Inc. Provides Revenue Guidance for the Second Quarter of 2025 Hello Group Inc. provides revenue guidance for the second quarter of 2025. For the period, the company expects total net revenues to be between RMB 2.57 billion to RMB 2.67 billion, representing a decrease of 4.5% to 0.8% year over year. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change. Board Change • Jun 02
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Benson Tam was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 16
Hello Group Inc. to Report Q1, 2025 Results on Jun 05, 2025 Hello Group Inc. announced that they will report Q1, 2025 results Pre-Market on Jun 05, 2025 Announcement • Feb 18
Hello Group Inc. to Report Q4, 2024 Results on Mar 12, 2025 Hello Group Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Mar 12, 2025 Board Change • Jan 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Benson Tam was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 09
Hello Group Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 Hello Group Inc. provided earnings guidance for the fourth quarter of 2024. For the period, the company expects total net revenues to be between RMB 2.56 billion to RMB 2.66 billion, representing a decrease of 14.7% to 11.4% year over year. Announcement • Nov 11
Hello Group Inc. to Report Q3, 2024 Results on Dec 09, 2024 Hello Group Inc. announced that they will report Q3, 2024 results Pre-Market on Dec 09, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$7.49, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 4.6% over the past three years. Reported Earnings • Sep 04
Second quarter 2024 earnings released: EPS: CN¥2.20 (vs CN¥3.01 in 2Q 2023) Second quarter 2024 results: EPS: CN¥2.20 (down from CN¥3.01 in 2Q 2023). Revenue: CN¥2.69b (down 14% from 2Q 2023). Net income: CN¥397.8m (down 30% from 2Q 2023). Profit margin: 15% (down from 18% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 8.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Sep 03
Hello Group Inc. Provides Revenues Guidance for the Third Quarter of 2024 Hello Group Inc. provided revenues guidance for the third quarter of 2024. For the third quarter of 2024, the Company expects total net revenues to be between RMB 2.58 billion to RMB 2.68 billion, representing a decrease of 15.2% to 11.9% year over year. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change. Announcement • Aug 15
Hello Group Inc. to Report Q2, 2024 Results on Sep 03, 2024 Hello Group Inc. announced that they will report Q2, 2024 results Pre-Market on Sep 03, 2024 New Risk • Aug 15
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 British stocks, typically moving 6.7% 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 (6.7% average weekly change). Announcement • May 30
Hello Group Inc. Provides Revenues Guidance for the Second Quarter of 2024 Hello Group Inc. provided revenues guidance for the second quarter of 2024. For the second quarter of 2024, the Company expects total net revenues to be between RMB 2.65 billion to RMB 2.75 billion, representing a decrease of 15.5% to 12.4% year over year. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change. Reported Earnings • May 29
First quarter 2024 earnings released: EPS: CN¥0.028 (vs CN¥2.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.028 (down from CN¥2.07 in 1Q 2023). Revenue: CN¥2.56b (down 9.2% from 1Q 2023). Net income: CN¥5.18m (down 99% from 1Q 2023). Profit margin: 0.2% (down from 14% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 8.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. 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 29% per year, which means it is significantly lagging earnings. Announcement • May 12
Hello Group Inc. to Report Q1, 2024 Results on May 28, 2024 Hello Group Inc. announced that they will report Q1, 2024 results Pre-Market on May 28, 2024 Board Change • Apr 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Benson Tam was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 04
Upcoming dividend of US$0.52 per share Eligible shareholders must have bought the stock before 11 April 2024. Payment date: 30 April 2024. Trailing yield: 8.7%. Within top quartile of British dividend payers (6.0%). Higher than average of industry peers (1.8%). New Risk • Mar 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. 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 (8.5% average weekly change). Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: CN¥10.37 (vs CN¥7.61 in FY 2022) Full year 2023 results: EPS: CN¥10.37 (up from CN¥7.61 in FY 2022). Revenue: CN¥12.0b (down 5.5% from FY 2022). Net income: CN¥1.96b (up 32% from FY 2022). Profit margin: 16% (up from 12% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Feb 23
Hello Group Inc. to Report Q4, 2023 Results on Mar 14, 2024 Hello Group Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 14, 2024 Announcement • Feb 05
Hello Group Inc. Launches the Native Social App 'inSpaze' for Apple Vision Pro Hello Group Inc. has launched the native immersive social app inSpaze for Apple Vision Pro in the U.S. inSpaze, the brand-new app specially developed for visionOS, is now available for all Apple Vision Pro users. With technologies such as 3Ds, Reality Converter, Reality Composer Pro, etc., the native spatial computing app inSpaze allows users to connect with Apple Vision Pro users globally, along with Spatial Audio and 3D interaction content. inSpaze users can immerse themselves completely in a world of their own creation. In addition to persona support, users can also generate 3D avatars with one-click, as well as customize their personal space in the app: choose the wall paint and curtain color, select floor texture, add pictures on the wall, play personal collecting music, etc. Regarding social features, inSpaze users can start or join a party at any time, and chat with Apple Vision Pro users worldwide. The app has 12 built-in language modes and provides real-time synchronized translation. inSpaze users can also play social games in the app such as chess, allowing them to control the chessboard and chess pieces in real time with gaze. Moreover, when not wearing the Apple Vision Pro, inSpaze users can also download the app on the App Store and use it on iPhone to connect with others. With the integration of inSpaze's cutting-edge technology and the unique platform on Apple Vision Pro, inSpaze breaks through the spatial isolation and language barriers, providing ultimate entertainment and social experience through immersive interaction. Similar to the evolution of the App Store on iPhone, the true potential of Apple Vision Pro will be realized through all new applications which haven't been thought of yet. Just like inSpaze reshapes the boundary of social interactions, education, health, shopping, entertainment etc. will all get redesigned. Reported Earnings • Dec 09
Third quarter 2023 earnings released: EPS: CN¥2.88 (vs CN¥2.31 in 3Q 2022) Third quarter 2023 results: EPS: CN¥2.88 (up from CN¥2.31 in 3Q 2022). Revenue: CN¥3.04b (down 5.9% from 3Q 2022). Net income: CN¥546.4m (up 21% from 3Q 2022). Profit margin: 18% (up from 14% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year. Announcement • Dec 08
Hello Group Inc. Provides Earnings Guidance for the Fourth Quarter of 2023 Hello Group Inc. provided earnings guidance for the fourth quarter of 2023. For the fourth quarter of 2023, the company expects total net revenues to be between RMB 2.9 billion to RMB 3.0 billion, representing a decrease of 9.7% to 6.6% year over year. Announcement • Nov 18
Hello Group Inc. to Report Q3, 2023 Results on Dec 08, 2023 Hello Group Inc. announced that they will report Q3, 2023 results Pre-Market on Dec 08, 2023 Announcement • Sep 01
Hello Group Inc. Announces Revenue Forecast for the Third Quarter of 2023 Hello Group Inc. announced revenue forecast for the third quarter of 2023. For quarter the Company expects total net revenues to be between RMB 2.9 billion to RMB 3.0 billion, representing a decrease of 10.3% to 7.2% year over year. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change. Reported Earnings • Sep 01
Second quarter 2023 earnings released: EPS: CN¥3.01 (vs CN¥1.74 in 2Q 2022) Second quarter 2023 results: EPS: CN¥3.01 (up from CN¥1.74 in 2Q 2022). Revenue: CN¥3.14b (flat on 2Q 2022). Net income: CN¥568.4m (up 65% from 2Q 2022). Profit margin: 18% (up from 11% in 2Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom. 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 20% per year, which means it has not declined as severely as earnings. Announcement • Aug 19
Hello Group Inc. to Report Q2, 2023 Results on Aug 31, 2023 Hello Group Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 31, 2023 Reported Earnings • Jun 06
First quarter 2023 earnings released: EPS: CN¥2.07 (vs CN¥1.47 in 1Q 2022) First quarter 2023 results: EPS: CN¥2.07 (up from CN¥1.47 in 1Q 2022). Revenue: CN¥2.82b (down 11% from 1Q 2022). Net income: CN¥390.3m (up 35% from 1Q 2022). Profit margin: 14% (up from 9.2% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Announcement • May 19
Hello Group Inc. to Report Q1, 2023 Results on Jun 06, 2023 Hello Group Inc. announced that they will report Q1, 2023 results at 9:30 AM, US Eastern Standard Time on Jun 06, 2023 Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$9.66, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 19x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 44% over the past three years. Upcoming Dividend • Apr 20
Upcoming dividend of US$0.70 per share at 8.1% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 22 May 2023. Trailing yield: 8.1%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.7%). Board Change • Mar 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Eddie Wu was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: CN¥7.61 (vs CN¥14.40 loss in FY 2021) Full year 2022 results: EPS: CN¥7.61 (up from CN¥14.40 loss in FY 2021). Revenue: CN¥12.7b (down 13% from FY 2021). Net income: CN¥1.48b (up CN¥4.40b from FY 2021). Profit margin: 12% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 08
Third quarter 2022 earnings released: EPS: CN¥2.31 (vs CN¥2.01 in 3Q 2021) Third quarter 2022 results: EPS: CN¥2.31 (up from CN¥2.01 in 3Q 2021). Revenue: CN¥3.23b (down 14% from 3Q 2021). Net income: CN¥450.8m (up 12% from 3Q 2021). Profit margin: 14% (up from 11% in 3Q 2021). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥1.74 (vs CN¥2.26 in 2Q 2021) Second quarter 2022 results: EPS: CN¥1.74 (down from CN¥2.26 in 2Q 2021). Revenue: CN¥3.11b (down 15% from 2Q 2021). Net income: CN¥345.6m (down 26% from 2Q 2021). Profit margin: 11% (down from 13% in 2Q 2021). Over the next year, revenue is expected to shrink by 6.3% compared to a 12% growth forecast for the Interactive Media and Services industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 08
First quarter 2022 earnings released: EPS: CN¥1.47 (vs CN¥2.24 in 1Q 2021) First quarter 2022 results: EPS: CN¥1.47 (down from CN¥2.24 in 1Q 2021). Revenue: CN¥3.15b (down 9.3% from 1Q 2021). Net income: CN¥289.9m (down 37% from 1Q 2021). Profit margin: 9.2% (down from 13% in 1Q 2021). Over the next year, revenue is expected to shrink by 3.9% compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 29
Full year 2021 earnings released: CN¥14.40 loss per share (vs CN¥10.09 profit in FY 2020) Full year 2021 results: CN¥14.40 loss per share (down from CN¥10.09 profit in FY 2020). Revenue: CN¥14.6b (down 3.0% from FY 2020). Net loss: CN¥2.91b (down 238% from profit in FY 2020). Over the next year, revenue is expected to shrink by 7.0% compared to a 16% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Director Wan Haoji Man was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 05
Upcoming dividend of US$0.62 per share Eligible shareholders must have bought the stock before 12 April 2022. Payment date: 29 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 9.9%. Within top quartile of British dividend payers (4.7%). Higher than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 76% share price gain to US$13.80, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 25x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improved over the past week After last week's 28% share price gain to US$13.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 25x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 43% share price gain to US$13.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 25x in the Interactive Media and Services industry in the United Kingdom. Total loss to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improved over the past week After last week's 49% share price gain to US$13.80, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 28x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improved over the past week After last week's 49% share price gain to US$13.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 28x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 43% over the past three years. Board Change • Jan 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Director Wan Haoji Man was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 53% share price gain to US$13.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 29x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 19% share price gain to US$13.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 28x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 39% over the past three years. Reported Earnings • Dec 01
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: EPS: CN¥1.96 (down from CN¥2.19 in 3Q 2020). Revenue: CN¥3.76b (flat on 3Q 2020). Net income: CN¥403.2m (down 12% from 3Q 2020). Profit margin: 11% (down from 12% in 3Q 2020). Revenue exceeded analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 6.8%, compared to a 22% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 30% share price gain to US$13.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 27x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 30% share price gain to US$13.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 27x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improved over the past week After last week's 17% share price gain to US$13.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 34x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 67% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥2.26 (vs CN¥2.19 in 2Q 2020) The company reported a mediocre second quarter result with weaker revenues, although profit margins were flat and earnings improved. Second quarter 2021 results: Revenue: CN¥3.67b (down 5.1% from 2Q 2020). Net income: CN¥464.2m (up 1.7% from 2Q 2020). Profit margin: 13% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥13.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 35x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥16.23, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 30x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 61% over the past three years. Executive Departure • Jun 12
Director Ying Zhang has left the company On the 4th of June, Ying Zhang's tenure as Director ended after 9.2 years in the role. We don't have any record of a personal shareholding under Ying's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Jun 09
First quarter 2021 earnings released The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥3.47b (down 3.4% from 1Q 2020). Net income: CN¥461.7m (down 14% from 1Q 2020). Profit margin: 13% (down from 15% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Executive Departure • May 01
Chief Technology Officer has left the company On the 30th of April, Chunlai Wang's tenure as Chief Technology Officer ended after 3.7 years in the role. We don't have any record of a personal shareholding under Chunlai's name. Chunlai is the only executive to leave the company over the last 12 months. Reported Earnings • Apr 28
Full year 2020 earnings released: EPS CN¥10.09 (vs CN¥14.31 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥15.0b (down 12% from FY 2019). Net income: CN¥2.10b (down 29% from FY 2019). Profit margin: 14% (down from 18% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 05
Upcoming dividend of US$0.62 per share Eligible shareholders must have bought the stock before 12 April 2021. Payment date: 30 April 2021. Trailing yield: 4.2%. Lower than top quartile of British dividend payers (4.4%). Higher than average of industry peers (1.0%). Reported Earnings • Mar 26
Full year 2020 earnings released: EPS CN¥10.09 (vs CN¥14.31 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥15.0b (down 12% from FY 2019). Net income: CN¥2.10b (down 29% from FY 2019). Profit margin: 14% (down from 18% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥19.48, the stock is trading at a trailing P/E ratio of 10.7x, up from the previous P/E ratio of 9.2x. This compares to an average P/E of 38x in the Interactive Media and Services industry in Europe. Total return to shareholders over the past three years is a loss of 34%. Is New 90 Day High Low • Feb 10
New 90-day high: US$17.35 The company is up 10.0% from its price of US$15.80 on 11 November 2020. The British market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$27.84 per share. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥16.08, the stock is trading at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 7.5x. This compares to an average P/E of 37x in the Interactive Media and Services industry in Europe. Total return to shareholders over the past year is a loss of 56%. Is New 90 Day High Low • Jan 14
New 90-day high: US$16.08 The company is up 11% from its price of US$14.43 on 16 October 2020. The British market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$26.58 per share. Analyst Estimate Surprise Post Earnings • Dec 02
Revenue beats expectations Revenue exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 5.8%, compared to a 36% growth forecast for the Interactive Media and Services industry in the United Kingdom. Is New 90 Day High Low • Dec 02
New 90-day low: US$13.48 The company is down 21% from its price of US$17.15 on 03 September 2020. The British market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$26.72 per share. Reported Earnings • Dec 02
Third quarter 2020 earnings released: EPS CN¥2.19 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥3.77b (down 15% from 3Q 2019). Net income: CN¥456.7m (down 49% from 3Q 2019). Profit margin: 12% (down from 20% in 3Q 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Sep 23
New 90-day low: US$14.20 The company is down 19% from its price of US$17.55 on 25 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$35.84 per share. 
