Reported Earnings • Mar 31
Full year 2025 earnings released: CN¥0.003 loss per share (vs CN¥0.002 profit in FY 2024) Full year 2025 results: CN¥0.003 loss per share (down from CN¥0.002 profit in FY 2024). Revenue: CN¥139.0m (down 8.4% from FY 2024). Net loss: CN¥3.46m (down 228% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
AI X Tech Inc., Annual General Meeting, May 28, 2026 AI X Tech Inc., Annual General Meeting, May 28, 2026. New Risk • Mar 19
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$297.7m market cap, or US$38.0m). Announcement • Mar 17
AI X Tech Inc. to Report Fiscal Year 2025 Results on Mar 27, 2026 AI X Tech Inc. announced that they will report fiscal year 2025 results on Mar 27, 2026 Reported Earnings • Sep 27
First half 2025 earnings released: CN¥0.002 loss per share (vs CN¥0.004 profit in 1H 2024) First half 2025 results: CN¥0.002 loss per share (down from CN¥0.004 profit in 1H 2024). Revenue: CN¥66.4m (flat on 1H 2024). Net loss: CN¥1.78m (down 139% from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 28
First half 2025 earnings released: CN¥0.002 loss per share (vs CN¥0.004 profit in 1H 2024) First half 2025 results: CN¥0.002 loss per share (down from CN¥0.004 profit in 1H 2024). Revenue: CN¥66.4m (flat on 1H 2024). Net loss: CN¥1.78m (down 139% from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Aug 15
AI X Tech Inc. to Report First Half, 2025 Results on Aug 26, 2025 AI X Tech Inc. announced that they will report first half, 2025 results on Aug 26, 2025 Reported Earnings • May 04
Full year 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.039 in FY 2023) Full year 2024 results: EPS: CN¥0.002 (down from CN¥0.039 in FY 2023). Revenue: CN¥151.9m (down 2.3% from FY 2023). Net income: CN¥2.69m (down 94% from FY 2023). Profit margin: 1.8% (down from 28% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.039 in FY 2023) Full year 2024 results: EPS: CN¥0.002 (down from CN¥0.039 in FY 2023). Revenue: CN¥151.9m (down 2.3% from FY 2023). Net income: CN¥2.69m (down 94% from FY 2023). Profit margin: 1.8% (down from 28% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 35% per year. New Risk • Mar 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 54% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (HK$230.6m market cap, or US$29.6m). Announcement • Mar 28
AI X Tech Inc., Annual General Meeting, May 22, 2025 AI X Tech Inc., Annual General Meeting, May 22, 2025. Announcement • Mar 17
AI X Tech Inc. to Report Fiscal Year 2024 Results on Mar 27, 2025 AI X Tech Inc. announced that they will report fiscal year 2024 results at 4:00 PM, China Standard Time on Mar 27, 2025 New Risk • Mar 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 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$254.2m market cap, or US$32.7m). Board Change • Dec 12
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 Non-executive Director Huo Yong Sun was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 02
First half 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.025 in 1H 2023) First half 2024 results: EPS: CN¥0.004 (down from CN¥0.025 in 1H 2023). Revenue: CN¥67.0m (down 11% from 1H 2023). Net income: CN¥4.53m (down 84% from 1H 2023). Profit margin: 6.8% (down from 37% in 1H 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year and the company’s share price has also fallen by 24% per year. Reported Earnings • Sep 02
First half 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.025 in 1H 2023) First half 2024 results: EPS: CN¥0.004 (down from CN¥0.025 in 1H 2023). Revenue: CN¥67.0m (down 11% from 1H 2023). Net income: CN¥4.53m (down 84% from 1H 2023). Profit margin: 6.8% (down from 37% in 1H 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Announcement • Aug 15
Cheshi Technology Inc. to Report First Half, 2024 Results on Aug 27, 2024 Cheshi Technology Inc. announced that they will report first half, 2024 results on Aug 27, 2024 New Risk • Jul 26
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 Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 15% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$219.4m market cap, or US$28.1m). Announcement • Mar 27
Cheshi Technology Inc., Annual General Meeting, May 22, 2024 Cheshi Technology Inc., Annual General Meeting, May 22, 2024. Reported Earnings • Mar 27
Full year 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.015 in FY 2022) Full year 2023 results: EPS: CN¥0.04 (up from CN¥0.015 in FY 2022). Revenue: CN¥155.4m (down 8.6% from FY 2022). Net income: CN¥42.9m (up 162% from FY 2022). Profit margin: 28% (up from 9.6% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Announcement • Mar 27
Cheshi Technology Inc. Announces Board Changes Cheshi Technology Inc. announces that with effect from 26 March 2024, Mr. Li Ming has retired as an independent non-executive Director. Upon his retirement, Mr. Li will also cease to be a member of each of the audit committee of the Board and the nomination committee of the Board in order to pursue his personal business commitments. The Board further announces that, with effect from 26 March 2024, Mr. Sun Yong is appointed as an independent non-executive Director, and a member of each of the Audit Committee and the Nomination Committee. The biographical details of Mr. Sun are set out below: Mr. Sun, aged 56, serves as a director of Zhongde Nuohao (Beijing) Education Technology Co. Ltd. and Dean of Zhongde Nuohao Automotive Education Institute. Concurrently, he is an expert at the China Automobile Dealers Association, and an expert at the China Auto Dealers Chamber of Commerce. He is also an independent director of Avatr Technology (Chongqing) Co. Ltd. Mr. Sun has over 30 years of experience in the automotive industry from 1994. Among that, he has 11 years of experience working in automotive news editing, serving as director of the editorial department of Auto Weekly of Economic Information Daily, under Xinhua News Agency, and deputy chief editor of China Automotive News under People's Daily. In addition, Mr. Sun has 10 years of experience working in car companies, where he held positions including the member of the management committee and general manager of sales at Chery Automobile Co., Ltd, deputy general manager and general manager of the business department at Nanjing Fiat Automobile Co., Ltd, and director and deputy general manager at Sinomach Automobile Co. Ltd. Apart from his automotive news editing and car company experience, Mr. Sun also has 9 years of experience in automotive education and training, and served as the president and chief executive officer of Zhongde Nuohao (Beijing) Education Technology Co. Ltd. During that time, he also served as an independent director of Chongqing Changan New Energy Technology Co. Ltd. (now renamed as Deepal Technology Co., Ltd). Mr. Sun obtained his Bachelor's degree in Law from School of Government Peking University and a Master's degree in Business Administration from Guanghua School of Management Peking University in the PRC in July 1990 and July 2007, respectively. Announcement • Mar 15
Cheshi Technology Inc. to Report Fiscal Year 2023 Results on Mar 26, 2024 Cheshi Technology Inc. announced that they will report fiscal year 2023 results on Mar 26, 2024 Reported Earnings • Oct 02
First half 2023 earnings released: EPS: CN¥0.025 (vs CN¥0.013 in 1H 2022) First half 2023 results: EPS: CN¥0.025 (up from CN¥0.013 in 1H 2022). Revenue: CN¥75.5m (up 1.0% from 1H 2022). Net income: CN¥27.9m (up 99% from 1H 2022). Profit margin: 37% (up from 19% in 1H 2022). Announcement • Aug 16
Cheshi Technology Inc. to Report First Half, 2023 Results on Aug 30, 2023 Cheshi Technology Inc. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.036 in FY 2021) Full year 2022 results: EPS: CN¥0.01 (down from CN¥0.036 in FY 2021). Revenue: CN¥170.0m (down 14% from FY 2021). Net income: CN¥16.4m (down 60% from FY 2021). Profit margin: 9.6% (down from 21% in FY 2021). Announcement • Dec 08
Cheshi Technology Inc. Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Nine Months Ended 30 September 2022 Cheshi Technology Inc. provided preliminary unaudited consolidated group earnings guidance for the nine months ended 30 September 2022. For the period, the group expects to record a net profit/loss in the range of a net loss of approximately RMB 1 million to a net profit of approximately RMB 5 million for the Period as compared to the net profit of approximately RMB 26 million for the nine months ended 30 September 2021. The expected result was primarily attributable to the slower growth of the automotive advertising industry as a result of the global shortage of semiconductor chips and the COVID-19 pandemic; and the increase of overall operating expenses, which was mainly due to that the Group had continuously promoted the transformation of videolizition business and made overall arrangements for the mobility business. Announcement • Sep 28
Cheshi Technology Inc. Announces Resignation of Mr. Zhu Boyang as Non-Executive Director The board of directors of Cheshi Technology Inc. that Mr. ZHU Boyang ("Mr. ZHU") has tendered his resignation as a non-executive Director effective from September 27, 2022, due to work arrangements to focus more on the business of Cheshi Holdings Inc. Reported Earnings • Sep 02
First half 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.014 in 1H 2021) First half 2022 results: EPS: CN¥0.01 (down from CN¥0.014 in 1H 2021). Revenue: CN¥74.8m (down 21% from 1H 2021). Net income: CN¥14.1m (down 13% from 1H 2021). Profit margin: 19% (up from 17% in 1H 2021). Announcement • Aug 19
Cheshi Technology Inc. to Report First Half, 2022 Results on Aug 30, 2022 Cheshi Technology Inc. announced that they will report first half, 2022 results on Aug 30, 2022 Buying Opportunity • Jun 15
Now 27% undervalued after recent price drop Over the last 90 days, the stock is down 6.7%. The fair value is estimated to be HK$0.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has declined by 8.1%. Announcement • May 19
Cheshi Technology Inc. Announces Management Changes The board of Cheshi Technology Inc. announced that, on May 17, 2022, the company established a strategic management and development center, which is responsible for (among other things) reviewing the company's long-term development strategies, new business expansion and major capital operation plans and making recommendations to the Board thereon. Mr. XU Chong, chairman of the Board and chief executive officer of the company, serves as the person-in-charge of the strategic management and development center, and Mr. LIU Lei, president of the company, Mr. ZHU Zhongqi, chief operating officer of the company, and Mr. LIN Yuqi, chief technology officer of the company, serve as executive team members. The board announced that, with effect from May 17, 2022, Mr. ZHU Boyang (Mr. ZHU) has been re-designated from an executive Director to a non-executive Director due to work arrangements to focus more on the business of the Group and has resigned as the joint company secretary of the company (joint company secretary), and ceased to be an authorized representative of the company under Rule 3.05 of the Listing Rules and an authorized representative under Part 16 of the Companies Ordinance for acceptance of service of process and notices on behalf of the company (Process Agent), chief financial officer of the company and the chief financial officer of Congshu Beijing Technology Company Limited ("Congshu Beijing"). Ms. LEUNG Shui Bing, another Joint Company Secretary, will continue to serve as a sole company secretary of the Company. Mr. ZHU was appointed as a director in May 2019 and was re-designated as an executive Director and was appointed as the Joint Company Secretary both in June 2019. The board further announces that Mr. XU has been appointed as an Authorized Representative and Ms. LEUNG has been appointed as the Process Agent, both with effect from May 17, 2022. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Executive Chairman of the Board & CEO Chong Xu is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Jacky, Jack Ng was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Mar 31
Cheshi Technology Inc., Annual General Meeting, May 17, 2022 Cheshi Technology Inc., Annual General Meeting, May 17, 2022. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: CN¥0.04 (vs CN¥0.076 in FY 2020) Full year 2021 results: EPS: CN¥0.04 (down from CN¥0.076 in FY 2020). Revenue: CN¥197.2m (up 9.3% from FY 2020). Net income: CN¥41.0m (down 37% from FY 2020). Profit margin: 21% (down from 36% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Sep 05
First half 2021 earnings released: EPS CN¥0.014 (vs CN¥0.029 in 1H 2020) The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CN¥94.2m (up 60% from 1H 2020). Net income: CN¥16.1m (down 35% from 1H 2020). Profit margin: 17% (down from 42% in 1H 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 15% share price gain to HK$1.05, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Media industry in Asia. Announcement • May 30
Cheshi Holdings Limited Provides Earnings Guidance for the Three Months Ended March 31, 2021 Cheshi Holdings Limited provided earnings guidance for the three months ended March 31, 2021. For the period the company and potential investors that based on the preliminary assessment of the latest available unaudited consolidated management accounts of the Group for the three months ended March 31, 2021 the Group is expected to record a total revenue of approximately RMB 34.6 million for the three months ended March 31, 2021, representing an increase of approximately 40.8% compared to the three months ended March 31, 2020. The increase in revenue is primarily attributable to growth in business with new types of customers such as new energy vehicle enterprises; the results from the commercialization of SaaS services; and the acceleration of the Group's transformation toward business diversification. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥1.50, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 19x in the Media industry in Hong Kong. Reported Earnings • Apr 04
Full year 2020 earnings released: EPS CN¥0.076 (vs CN¥0.061 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥180.4m (up 1.6% from FY 2019). Net income: CN¥64.6m (up 25% from FY 2019). Profit margin: 36% (up from 29% in FY 2019). The increase in margin was primarily driven by lower expenses. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥1.22, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 16x in the Media industry in Hong Kong. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥1.17, the stock trades at a trailing P/E ratio of 15.3x, up from the previous P/E ratio of 12.6x. Average P/E is 15x in the Media industry in Hong Kong. Announcement • Mar 10
Cheshi Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021 Cheshi Holdings Limited announced that they will report fiscal year 2020 results on Mar 29, 2021 Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥1.33, the stock is trading at a trailing P/E ratio of 17.2x, up from the previous P/E ratio of 14.8x. This compares to an average P/E of 18x in the Media industry in Hong Kong. Announcement • Jan 15
Cheshi Holdings Limited has completed an IPO in the amount of HKD 250.92 million. Cheshi Holdings Limited has completed an IPO in the amount of HKD 250.92 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 204,000,000
Price\Range: HKD 1.23
Discount Per Security: HKD 0.03075
Transaction Features: Regulation S