Announcement • 9h
TravelSky Technology Limited to Report First Half, 2026 Results on Aug 24, 2026 TravelSky Technology Limited announced that they will report first half, 2026 results on Aug 24, 2026 Upcoming Dividend • Jun 26
Upcoming dividend of CN¥0.28 per share Eligible shareholders must have bought the stock before 03 July 2026. Payment date: 30 September 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Hong Kong dividend payers (7.5%). Lower than average of industry peers (5.1%). Announcement • Jun 03
TravelSky Technology Limited, Annual General Meeting, Jun 26, 2026 TravelSky Technology Limited, Annual General Meeting, Jun 26, 2026, at 09:30 China Standard Time. Location: conference room of headquarters building, travelsky high-tech industrial park, shunyi district, beijing China Reported Earnings • Apr 26
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥0.80 (up from CN¥0.71 in FY 2024). Revenue: CN¥8.77b (flat on FY 2024). Net income: CN¥2.34b (up 13% from FY 2024). Profit margin: 27% (up from 24% in FY 2024). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 28
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥0.80 (up from CN¥0.71 in FY 2024). Revenue: CN¥8.77b (flat on FY 2024). Net income: CN¥2.34b (up 13% from FY 2024). Profit margin: 27% (up from 24% in FY 2024). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Mar 16
TravelSky Technology Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 TravelSky Technology Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 New Risk • Feb 10
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • Dec 18
Travelsky Technology Limited Appoints Jiang Bo as Executive Director TravelSky Technology Limited announces that on December 18, 2025, the resolution set out in the notice of the Extraordinary General Meeting dated November 27, 2025 was duly passed by way of poll at the EGM. Upon conclusion of the EGM, Mr. Jiang Bo became an executive Director of the Company. New Risk • Sep 02
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 22
First half 2025 earnings released: EPS: CN¥0.49 (vs CN¥0.47 in 1H 2024) First half 2025 results: EPS: CN¥0.49 (up from CN¥0.47 in 1H 2024). Revenue: CN¥3.89b (down 3.6% from 1H 2024). Net income: CN¥1.45b (up 5.9% from 1H 2024). Profit margin: 37% (up from 34% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Aug 08
TravelSky Technology Limited to Report Q2, 2025 Results on Aug 21, 2025 TravelSky Technology Limited announced that they will report Q2, 2025 results on Aug 21, 2025 Upcoming Dividend • Jun 11
Upcoming dividend of CN¥0.24 per share Eligible shareholders must have bought the stock before 18 June 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Hong Kong dividend payers (7.6%). Lower than average of industry peers (3.3%). Declared Dividend • May 23
Dividend of CN¥0.24 announced Shareholders will receive a dividend of CN¥0.24. Ex-date: 18th June 2025 Payment date: 30th September 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 21
TravelSky Technology Limited, Annual General Meeting, Jun 12, 2025 TravelSky Technology Limited, Annual General Meeting, Jun 12, 2025, at 09:30 China Standard Time. Location: conference room, headquarters building, travelsky high-tech industrial park, shunyi district, beijing, prc., China Reported Earnings • Mar 28
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: CN¥0.71 (up from CN¥0.48 in FY 2023). Revenue: CN¥8.82b (up 26% from FY 2023). Net income: CN¥2.07b (up 48% from FY 2023). Profit margin: 24% (up from 20% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Mar 27
TravelSky Technology Limited Proposes Ordinary Final Dividend for the Year Ended 31 December 2024 TravelSky Technology Limited proposed the ordinary final dividend of RMB 0.239 per share for the Year Ended 31 December 2024. Buy Or Sell Opportunity • Mar 21
Now 22% undervalued Over the last 90 days, the stock has risen 5.0% to HK$11.00. The fair value is estimated to be HK$14.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 50% in the next 2 years. Announcement • Mar 12
TravelSky Technology Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 TravelSky Technology Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 Buy Or Sell Opportunity • Feb 28
Now 21% undervalued Over the last 90 days, the stock has risen 3.1% to HK$10.78. The fair value is estimated to be HK$13.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 50% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$11.42, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Hospitality industry in Hong Kong. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$14.74 per share. Announcement • Jan 23
Travelsky Technology Limited Appoints Lyu Wei as Shareholder Representative Supervisor of the Seventh Supervisory Committee TravelSky Technology Limited at its EGM held on January 23, 2025 approved appointment of Mr. Lyu Wei as the shareholder representative supervisor of the seventh Supervisory Committee (the term of office is the same as that of other members of the seventh Supervisory Committee) with effect from the conclusion of the EGM. Announcement • Jan 20
Travelsky Technology Limited Announces Cessation of Yuan Leifeng to Serve as a Vice General Manager The board of directors of TravelSky Technology Limited announced that, Mr. Yuan Leifeng has ceased to serve as a vice general manager of the Company because of reaching the age of retirement. Mr. Yuan Leifeng has confirmed that he has no disagreement with the Board and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company. Announcement • Sep 29
TravelSky Technology Limited Announces Executive Changes The board of directors of TravelSky Technology Limited announced that, on 29 September 2024, Mr. Li Jinsong (Mr. Li), currently the vice general manager of the Company, ceased to be the chief accountant of the Company due to work commitments, while he continues to serve his other existing roles in the Company. The Board announced that, with effect from 29 September 2024, Mr. Liu Xianqing (Mr. Liu) has been appointed as the chief accountant. Mr. Liu Xianqing, aged 56, is a chief senior accountant. He graduated from Renmin University of China, majoring in trade economics, and held an executive master degree of business administration from Zhongnan University of Economics and Law. Mr. Liu was engaged in financial management in Beijing General Research Institute of Mining & Metallurgy from 1989 to December 2017, during which he served as the Director of the Department of Finance, a member of the Party Committee and chief accountant. He served as a member of the Party Committee and the chief accountant of BGRIMM Technology Group Co. Ltd. from December 2017 to June 2018. He also served as a member of the Party Committee and the chief accountant of China GRINM Group Corporation Limited from June 2018 to August 2024. Since August 2024, he has been a member of the Standing Committee of the Party Committee of China TravelSky Holding Company Limited and the Company. Since September 2024, he has been the chief accountant of the Company. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$11.26, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Hospitality industry in Hong Kong. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$20.14 per share. Reported Earnings • Aug 30
First half 2024 earnings released: EPS: CN¥0.47 (vs CN¥0.41 in 1H 2023) First half 2024 results: EPS: CN¥0.47 (up from CN¥0.41 in 1H 2023). Revenue: CN¥4.04b (up 22% from 1H 2023). Net income: CN¥1.37b (up 14% from 1H 2023). Profit margin: 34% (down from 36% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Aug 28
Travelsky Technology Limited Announces Resignation of Xi Sheng as Non-Executive Director and Member of the Strategy and Investment Committee The Board of TravelSky Technology Limited announced that, due to internal work re-allocation in China Eastern Air Holding Company Limited being a shareholder of the Company, Mr. Xi Sheng (Mr. Xi) shall cease to be the non-executive Director of the Company as proposed by CEA Holding. At the same time, when Mr. Xi ceases to be the Director of the Company, his position as a member of the Strategy and Investment Committee (Legal Compliance Committee) of the Company will also be terminated. Announcement • Aug 14
TravelSky Technology Limited to Report First Half, 2024 Results on Aug 28, 2024 TravelSky Technology Limited announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Jun 21
TravelSky Technology Limited Approves Distribution of Final Cash Dividend for the Year Ended 31 December 2023, Payable on or Around 25 September 2024 TravelSky Technology Limited at its AGM held on June 20, 2024 approved the distribution of a final cash dividend for the year ended 31 December 2023 (the mounting to RMB 0.16 per Share (tax inclusive) to the Shareholders was approved at the AGM. The register of members of the Company for H Shares and Domestic Shares will be closed from 28 June 2024 to 3 July 2024 (both days inclusive). Holders of the H Shares and Domestic Shares whose names appeared on the register of members of the Company at the close of business on 3 July 2024 are entitled to receive the 2023 Dividend. Details of the arrangements for the payment of the 2023 Dividend to the Shareholders are set out as follows: The 2023 Dividend to be distributed to the H Shareholders will be paid in Hong Kong dollars. The exchange rate for calculating such dividend shall be based on the average of the median exchange rates of RMB against Hong Kong dollars as quoted by the People's Bank of China one calendar week preceding the date on which the dividend is declared (i.e. 20 June 2024). The amount of the 2023 Dividend payable per H Share is HKD 0.17564 (before tax). When the 2023 Dividend are to be distributed to the H Shareholders whose names appeared on the register of members of the Company at the close of business on 3 July 2024, the Company will withhold 10% of the 2023 Dividend as individual income tax unless otherwise specified by the relevant tax regulations and tax agreements, in which case the Company will withhold individual income tax of such dividend in accordance with the tax rates and according to the relevant procedures as specified by the relevant regulations. Such 2023 Dividend (after the applicable tax) will be paid by the Receiving Agent (Bank of China (Hong Kong) Trustees Limited), and the relevant cheques will be dispatched by Hong Kong Registrars Limited, to the H Shareholders whose names appeared on the register of members of the Company at the close of business on 3 July 2024 by ordinary post at their own risk on or around 25 September 2024. From 25 September 2024, the Domestic Shareholders may contact the Company to collect the 2023 Dividend. Ex-dividend date is 26 June 2024. Upcoming Dividend • Jun 19
Upcoming dividend of CN¥0.16 per share Eligible shareholders must have bought the stock before 26 June 2024. Payment date: 25 September 2024. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Hong Kong dividend payers (7.8%). Lower than average of industry peers (3.7%). Declared Dividend • May 16
Dividend of CN¥0.16 announced Shareholders will receive a dividend of CN¥0.16. Ex-date: 26th June 2024 Payment date: 25th September 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Announcement • May 16
TravelSky Technology Limited, Annual General Meeting, Jun 20, 2024 TravelSky Technology Limited, Annual General Meeting, Jun 20, 2024, at 09:30 China Standard Time. Location: conference room of headquarters building, travelsky high-tech industrial park, shunyi district, beijing China New Risk • Apr 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 Hong Kong stocks, typically moving 10% 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. Major Estimate Revision • Apr 03
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥8.65b to CN¥8.05b. EPS estimate also fell from CN¥0.734 per share to CN¥0.646 per share. Net income forecast to grow 35% next year vs 46% growth forecast for Hospitality industry in Hong Kong. Consensus price target up from HK$11.13 to HK$11.42. Share price rose 4.8% to HK$9.37 over the past week. Reported Earnings • Mar 28
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.48 (up from CN¥0.21 in FY 2022). Revenue: CN¥6.98b (up 34% from FY 2022). Net income: CN¥1.40b (up 123% from FY 2022). Profit margin: 20% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Mar 27
TravelSky Technology Limited Proposes Final Dividend for the Year Ended 31 December 2023 TravelSky Technology Limited proposed final dividend of RMB 0.16 per share for the Year Ended 31 December 2023. Announcement • Mar 13
TravelSky Technology Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 TravelSky Technology Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Announcement • Feb 01
TravelSky Technology Limited Appoints Mr. Sun Yuquan as the Non-Executive Director TravelSky Technology Limited announced the appointment of Mr. Sun Yuquan as the non-executive director of the Company. Major Estimate Revision • Jan 19
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥7.90b to CN¥7.66b. EPS estimate also fell from CN¥0.739 per share to CN¥0.659 per share. Net income forecast to grow 59% next year vs 98% growth forecast for Hospitality industry in Hong Kong. Consensus price target down from HK$19.06 to HK$15.62. Share price fell 34% to HK$8.15 over the past week. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to HK$9.55, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Hospitality industry in Hong Kong. Total loss to shareholders of 49% over the past three years. Announcement • Dec 28
Travelsky Technology Limited Announces Resignation of Zhu Xiaoxing as Deputy General Manager The board of directors of TravelSky Technology Limited announce that due to work-related reasons, Mr. Zhu Xiaoxing (‘Mr. Zhu’) has ceased to act as the deputy general manager of the Company with immediate effect. Meanwhile, Mr. Zhu has been appointed by the Company to take up the position of chief expert of the Company. Mr. Zhu has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. Meanwhile, Mr. Zhu, as a senior expert with over 30 years of extensive technical and management experience in the IT field of civil aviation in the PRC, will continue to devote himself to the research and development of technology of the Company. Buying Opportunity • Nov 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be HK$15.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 113% in the next 2 years. Announcement • Sep 27
TravelSky Technology Limited Announces Board Changes TravelSky Technology Limited announces that Mr. Liu Jianping ("Mr. Liu"), an executive director of the Company, has resigned as the executive director and a member of the strategy and investment committee (legal compliance committee) of the Company due to retirement. Mr. Liu has tendered his written resignation report to the Board on 26 September 2023, with immediate effect. Reported Earnings • Aug 25
First half 2023 earnings released: EPS: CN¥0.41 (vs CN¥0.15 in 1H 2022) First half 2023 results: EPS: CN¥0.41 (up from CN¥0.15 in 1H 2022). Revenue: CN¥3.31b (up 46% from 1H 2022). Net income: CN¥1.20b (up 171% from 1H 2022). Profit margin: 36% (up from 20% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Aug 10
TravelSky Technology Limited to Report First Half, 2023 Results on Aug 24, 2023 TravelSky Technology Limited announced that they will report first half, 2023 results on Aug 24, 2023 Announcement • Jul 22
Travelsky Technology Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022 TravelSky Technology Limited provided consolidated earnings guidance for the six months ended 30 June 2022 . The group and information on market conditions currently available, as compared to a net profit of approximately RMB 460 million for the six months ended 30 June 2022 as disclosed in the interim results announcement for the year 2022, the Group is expected to record a net profit of approximately RMB 930 million to approximately RMB1,030 million for the six months ended 30 June 2023, which is mainly attributable to a year-on year increase in volume processed by the system due to the recovery of domestic and international passenger traffic. Announcement • Jul 01
Travelsky Technology Limited Announces Resignation of Zhu Yan as Independent Supervisor The supervisory committee of TravelSky Technology Limited has received the written resignation from Mr. Zhu Yan, an independent supervisor of the Company on 30 June 2023. Due to his need to dedicate more time to handle other work arrangements, Mr. Zhu has resigned as an independent supervisor of the Company on 30 June 2023, with immediate effect. Mr. Zhu has confirmed that he has no disagreement with the board of directors and the supervisory committee of the Company and there are no matters relating to his cessation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. Upcoming Dividend • Jun 13
Upcoming dividend of CN¥0.053 per share at 0.4% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Hong Kong dividend payers (7.8%). Lower than average of industry peers (1.1%). Buying Opportunity • Mar 27
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be HK$20.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 40%. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings is also forecast to grow by 42% per annum over the same time period. Reported Earnings • Mar 24
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: CN¥0.21 (up from CN¥0.19 in FY 2021). Revenue: CN¥5.21b (down 4.9% from FY 2021). Net income: CN¥626.5m (up 14% from FY 2021). Profit margin: 12% (up from 10% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jan 19
TravelSky Technology Limited Appoints Liu Zehong as a Member of the Strategy and Investment Committee (Legal Compliance Committee) The board of directors TravelSky Technology Limited announced that Mr. Liu Zehong, an independent non-executive Director, was appointed as a member of the strategy and investment committee (legal compliance committee) of the Board with immediate effect. The Audit and Risk Management Committee of the Board was renamed as the Audit and Risk Management Committee (Supervisory Committee) of the Board with additional responsibilities with immediate effect. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 16% share price gain to HK$15.70, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 18x in the IT industry in Hong Kong. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$8.55 per share. Board Change • Nov 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Hongzhi Xu 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. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 17% share price gain to HK$13.26, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 19x in the IT industry in Hong Kong. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$11.34 per share. Board Change • Nov 01
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Hongzhi Xu 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. Board Change • Oct 02
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Hongzhi Xu 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. Major Estimate Revision • Sep 01
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥6.28b to CN¥5.86b. EPS estimate also fell from CN¥0.29 per share to CN¥0.25 per share. Net income forecast to grow 70% next year vs 19% growth forecast for IT industry in Hong Kong. Consensus price target up from HK$15.07 to HK$15.47. Share price fell 2.6% to HK$13.64 over the past week.