Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in FY 2024) Full year 2025 results: EPS: CN¥0.11 (down from CN¥0.11 in FY 2024). Revenue: CN¥287.1m (down 4.9% from FY 2024). Net income: CN¥74.4m (down 4.2% from FY 2024). Profit margin: 26% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Apr 01
Dividend of CN¥0.09 announced Shareholders will receive a dividend of CN¥0.09. Ex-date: 21st May 2026 Payment date: 30th June 2026 Dividend yield will be 8.9%, which is higher than the industry average of 1.8%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.8% to bring the payout ratio under control, which is less than the 12% EPS growth achieved over the last 5 years. Announcement • Mar 30
CCID Consulting Company Limited, Annual General Meeting, May 18, 2026 CCID Consulting Company Limited, Annual General Meeting, May 18, 2026. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$1.24, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 10x in the Professional Services industry in Hong Kong. Total returns to shareholders of 421% over the past three years. New Risk • Mar 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by earnings (95% payout ratio). New Risk • Mar 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: HK$749.0m (US$95.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (95% payout ratio). Market cap is less than US$100m (HK$749.0m market cap, or US$95.6m). New Risk • Sep 17
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 92% Dividend yield: 6.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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 • Aug 08
CCID Consulting Company Limited to Report First Half, 2025 Results on Aug 22, 2025 CCID Consulting Company Limited announced that they will report first half, 2025 results on Aug 22, 2025 Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$1.68, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 25x in the IT industry in Hong Kong. Total returns to shareholders of 630% over the past three years. Upcoming Dividend • May 19
Upcoming dividend of CN¥0.11 per share Eligible shareholders must have bought the stock before 26 May 2025. Payment date: 27 June 2025. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 7.9%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (1.9%). New Risk • Apr 22
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 99% Dividend yield: 8.8% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. 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. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to HK$1.38, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 14x in the IT industry in Hong Kong. Total returns to shareholders of 611% over the past three years. New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (HK$756.0m market cap, or US$97.3m). Announcement • Jan 08
CCID Consulting Company Limited Announces Board Changes The board of directors of CCID Consulting Company Limited announced the poll results of the extraordinary general meeting of the Company held on 8 January 2025. The Board announced that Mr. Fang Hongbin has been appointed as an independent non-executive Director of the Company with effect from 8 January 2025. The biographical details of Mr. Fang Hongbin are set out as follows: Fang Hongbin, aged 38. Mr. Fang is a national overseas high-level imported talent, the chief scientist of the Intelligent Robotnational key research and development project, and a Science and Technology Innovation Action Plan starter in Shanghai. Since February 2024, Mr. Fang has been the Associate Dean of the Institute of AI and Robotics of Fudan University, and since November 2023, he has been the Party Branch Secretary for teaching staff of the Academy of Engineering and Technology of Fudan University, and since December 2022, he has been a professor and doctoral supervisor of the Institute of AI and Robotics of Fudan University. Since September 2020, Mr. Fang has served as a member of the Technical Committee on Vibration and Noise (TCVS) of the American Society of Mechanical Engineers (ASME), a member of the Robotics Division of the Chinese Society of Mechanical Engineering, a member of the Intelligent Composite Materials Committee of the Chinese Society For Composite Materials, and a deputy director of the Mechanics and Control Committee of the Shanghai Society of Theoretical and Applied Mechanics; and he has served as an editorial board member of the Theoretical and Applied Mechanics Letters and the Journal of Dynamics and Control; invited young editorial board member of Journal of Mechanics and Journal of Solid State Mechanics. From May 2018 to December 2022, Mr. Fang served as a Young Researcher of the Institute of AI and Robotics of Fudan University. From October 2017 to June 2018, Mr. Fang engaged in research work at the postdoctoral research station of The Hong Kong Polytechnic University. From February 2015 to September 2017, Mr. Fang was engaged in research work at the postdoctoral research station of the University of Michigan. In December 2014, Mr. Fang obtained a doctor's degree in engineering from Tongji University. Mr. Fang Hongbin has been appointed as a member of the Audit Committee and a member of the Nomination Committee of the Company with effect from 8 January 2025. Mr. Chen Yung-cheng has resigned as a member of the Audit Committee and a member of the Nomination Committee of the Company with effect from 8 January 2025. Announcement • Dec 12
CCID Consulting Company Limited Announces Resignation of Chen Yung-Cheng as an Independent Non-Executive Director CCID Consulting Company Limited announced resignation of Mr. Chen Yung-cheng as an independent non-executive Director of the Company. Due to his current age, Mr. Chen Yung-cheng (Mr. Chen) has tendered his resignation as an independent non-executive Director of the Company to the Board. He 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. The resignation of the aforementioned Director is subject to the approval of the shareholders by way of separate ordinary resolution at the extraordinary general meeting. Announcement • Aug 09
CCID Consulting Company Limited to Report First Half, 2024 Results on Aug 23, 2024 CCID Consulting Company Limited announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • Jun 14
CCID Consulting Company Limited Approves Final Dividend for the Year Ended 31 December 2023, Payable on 19 July 2024 CCID Consulting Company Limited approved final dividend of RMB 0.0764 per share for the year ended 31 December 2023. Ex-dividend date is 18 June 2024. Record date is 24 June 2024. Payment date is 19 July 2024. Upcoming Dividend • Jun 11
Upcoming dividend of CN¥0.076 per share Eligible shareholders must have bought the stock before 18 June 2024. Payment date: 19 July 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 14%. Within top quartile of Hong Kong dividend payers (7.6%). Higher than average of industry peers (3.3%). Announcement • Mar 22
CCID Consulting Company Limited Announces Board Changes CCID Consulting Company Limited announced that at its Extraordinary General Meeting held on 22 March 2024, approved the resolution of resignation of Ms. Ma Yaqing as an executive Director of the Company, approved the resolution of resignation of Ms. Li Xuemei as an independent non-executive Director of the Company. The Board announce that Ms. Shen Wen has been appointed as an executive Director of the Company and Mr. Zhang Tao has been appointed as an independent non-executive Director of the Company with effect from 22 March 2024. Shen Wen aged 56, has served as the chairman of the supervisory committee of CCID Academy for Industry and Information Technology Limited since February 2023. From February 2023 to February 2024, Ms. Shen served as the chief consultant of CCID Academy for Industry and Information Technology Limited. From May 2017 to February 2023, Ms. Shen served as the head of the project and intellectual management department, head of the conditions guarantee department, and head of the party community department of China Centre of Information Industry Development* (). Ms. Shen also served as the administrative director of the software and integrated circuit promotion centre, a deputy officer of the comprehensive management department (in charge of work), the head of the comprehensive management department, a deputy head of the comprehensive department, the head of the confidentiality department, a deputy head of the science and technology department, the head of the human resources department, and the head of the project management department of the Ministry of Industry and Information Technology from March 2005 to May 2017. Ms. Shen graduated from the Central Party School of the Communist Party of China in December 2009. Zhang Tao, aged 43, worked in the China University of Petroleum (East China) School of Economics and Management since July 2005, and served as associate professor and doctoral advisor since 2010. Mr. Zhang served as a committee of the Circular Economic Branch, Chinese Society for Environmental Sciences since May 2023, served on the first session youth editorial board of Journal Natural Gas Industry since October 2019 and was reappointed in January 2023. Mr. Zhang has been engaged in teaching and scientific research for a long time, presided over and participated in more than 40 scientific research projects commissioned by the Ministry of Education (),Ministry of Science and Technology (), Department of Science and Technology of Shandong Province (), and many enterprises such as PetroChina (), Sinopec (). Mr. Zhang was a visiting scholar at The State University of New York at Stony Brook from August 2017 to August 2018. Mr. Zhang graduated from the China University of Petroleum (East China) in July 2002, and obtained a bachelor's degree in management; graduated from the China University of Petroleum (East China) in June 2005 and obtained a master's degree in management; graduated from the Shanghai Jiao Tong University in December 2014 and obtained a doctorate degree in management. Ms. Li Xuemei has resigned as the chairman of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee of the Company, and Ms. Ma Yaqing has resigned as the chairman, one of the authorised representatives (under Rule 3.05 of the Listing Rules), the chairman of the Nomination Committee and a member of the Remuneration Committee of the Company with effect from 22 March 2024. Ms. Shen has been appointed as the new chairman, one of the authorised representatives (under Rule 3.05 of the Listing Rules), the chairman of the Nomination Committee and a member of the Remuneration Committee of the Company with effect from 22 March 2024. Mr. Zhang has been appointed as the chairman of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee of the Company with effect from 22 March 2024. New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$476.0m market cap, or US$60.8m). Announcement • Mar 14
CCID Consulting Company Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 CCID Consulting Company Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Announcement • Feb 29
CCID Consulting Company Limited Announces Board Changes The board of directors of CCID Consulting Company Limited announced that Ms. Ma Yaqing has tendered her resignation as the chairman and an executive Director of the Company due to her having attained the statutory retirement age. Ms. Li Xuemei has tendered her resignation as an independent non-executive Director of the Company in order to devote more efforts to other business. Announcement • Sep 20
CCID Consulting Company Limited Declares Interim Dividend for the Six Months Ended June 30, 2023, Payable on October 24, 2023 CCID Consulting Company Limited declared an interim dividend of RMB 0.0373 (HKD 0.0406) per share of the Company for the six months ended 30 June 2023. Ex-dividend date is 21 September 2023; Record date is 26 September 2023; Payment date is 24 October 2023. Announcement • Sep 19
CCID Consulting Company Limited Approves Payment of an Interim Dividend for the Six Months Ended 30 June 2023 CCID Consulting Company Limited approved the payment of an interim dividend of RMB 0.0373 (tax inclusive) (the Interim Dividend) per share of the Company for the six months ended 30 June 2023. Upcoming Dividend • Sep 14
Upcoming dividend of CN¥0.037 per share at 18% yield Eligible shareholders must have bought the stock before 21 September 2023. Payment date: 24 October 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 18%. Within top quartile of Hong Kong dividend payers (7.9%). Higher than average of industry peers (2.5%). Announcement • Aug 30
CCID Consulting Company Limited, Annual General Meeting, Sep 18, 2023 CCID Consulting Company Limited, Annual General Meeting, Sep 18, 2023, at 10:00 China Standard Time. Location: 10th Floor, CCIDPlaza, No. 66 Zizhuyuan Road, Haidian District, Beijing, Beijing China Agenda: To consider and approve the payment of an interim dividend for the six months ended 30 June 2023; and to consider other matters if any. Announcement • Aug 24
CCID Consulting Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 24 October 2023 CCID Consulting Company Limited proposed Interim dividend of RMB 0.0373 per share for the six months ended 30 June 2023 on 10 October 2022. Ex-dividend date 21 September 2023, Record date 26 September 2023 and Payment date 24 October 2023. Date of shareholders' approval 18 September 2023. Announcement • Aug 12
CCID Consulting Company Limited to Report First Half, 2023 Results on Aug 23, 2023 CCID Consulting Company Limited announced that they will report first half, 2023 results on Aug 23, 2023 New Risk • Jun 29
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 210% Cash payout ratio: 111% Dividend yield: 26% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 210% Cash payout ratio: 111% Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (HK$266.0m market cap, or US$33.9m). Announcement • Jun 09
CCID Consulting Company Limited Approves Distribution of Final Dividend for the Year Ended 31 December 2022, Payable on July 14, 2023 CCID Consulting Company Limited approved the distribution of RMB 0.026 (tax inclusive) per Share for the year ended 31 December 2022, at its annual general meeting held on June 8, 2023. The 2022 Final Dividend is payable to the Shareholders whose names appear on the register of members of the Company on 19 June 2023. The 2022 Final Dividend will be paid by the Receiving Agent and the dividend warrants will be posted by the H share registrar of the Company, Tricor Tengis Limited, by ordinary mail to the holders of H Shares who are entitled to receive the 2022 Final Dividend at their own risks on 14 July 2023. Upcoming Dividend • Jun 06
Upcoming dividend of CN¥0.026 per share at 26% yield Eligible shareholders must have bought the stock before 13 June 2023. Payment date: 14 July 2023. Trailing yield: 26%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (3.3%). Board Change • Apr 08
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Xuemei Li is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. 1 highly experienced director. Independent Non-Executive Director Xuemei Li is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Oct 06
Upcoming dividend of CN¥0.064 per share Eligible shareholders must have bought the stock before 13 October 2022. Payment date: 14 November 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 36%. Within top quartile of Hong Kong dividend payers (8.8%). Higher than average of industry peers (2.1%). Upcoming Dividend • Aug 04
Upcoming dividend of CN¥0.05 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 13 September 2022. The company last paid an ordinary dividend in September 2011. The average dividend yield among industry peers is 1.7%. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Xuemei Li is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 14
Full year 2021 earnings released Full year 2021 results: Revenue: CN¥235.8m (up 11% from FY 2020). Net income: CN¥40.4m (up 90% from FY 2020). Profit margin: 17% (up from 10.0% in FY 2020). The increase in margin was driven by higher revenue. Upcoming Dividend • Jun 09
Upcoming dividend of CN¥0.015 per share Eligible shareholders must have bought the stock before 16 June 2021. Payment date: 06 August 2021. Trailing yield: 3.9%. Lower than top quartile of Hong Kong dividend payers (6.0%). Higher than average of industry peers (1.1%). Reported Earnings • May 15
First quarter 2021 earnings released: EPS CN¥0.63 (vs CN¥0.014 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥35.0m (up 220% from 1Q 2020). Net income: CN¥4.38m (up CN¥14.0m from 1Q 2020). Profit margin: 13% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS CN¥0.03 (vs CN¥0.085 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥212.0m (down 12% from FY 2019). Net income: CN¥21.2m (down 64% from FY 2019). Profit margin: 10.0% (down from 25% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Mar 12
CCID Consulting Company Limited to Report Fiscal Year 2020 Results on Mar 23, 2021 CCID Consulting Company Limited announced that they will report fiscal year 2020 results on Mar 23, 2021 Is New 90 Day High Low • Feb 12
New 90-day high: HK$0.45 The company is up 14% from its price of HK$0.40 on 13 November 2020. The Hong Kong market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 31% over the same period. Announcement • Dec 25
CCID Consulting Company Limited Appoints Mr. Hu Bin Was as the Independent Non-Executive Director CCID Consulting Company Limited approved the election of Mr. Hu Bin as an independent non-executive Director of the Company with effect from the date of approval at the EGM to the expiry date of the term of the seventh session of the Board and authorise the Board to fix his remuneration. Announcement • Nov 26
CCID Consulting Company Limited Appoints Jia Yinghui as a Supervisor CCID Consulting Company Limited announced that at its EGM held on November 25, 2020, approved the appointment of Mr. Jia Yinghui as a supervisor of the Company with effect from 25 November 2020 to 25 November 2023. Is New 90 Day High Low • Nov 16
New 90-day low: HK$0.36 The company is down 21% from its price of HK$0.46 on 18 August 2020. The Hong Kong market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period. Announcement • Nov 07
CCID Consulting Company Limited Announces Retirement of Chen Ying as Supervisor, Effective 25 November 2020 CCID Consulting Company Limited announced that Ms. Chen Ying (``Ms. Chen'') will retire on 25 November 2020 so that Ms. Chen will not offer herself for re-election as a Shareholder's representative Supervisor. Announcement • Nov 03
CCID Consulting Company Limited to Report Q3, 2020 Results on Nov 13, 2020 CCID Consulting Company Limited announced that they will report Q3, 2020 results on Nov 13, 2020 Announcement • Aug 10
CCID Consulting Company Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2020 CCID Consulting Company Limited provided group earnings guidance for the six months ended 30 June 2020. For the period, the group expects to record a loss of approximately RMB 15,233,000 compared to the corresponding period of last year's profit of RMB 13,656,000. 