Announcement • Apr 24
Jiangsu NandaSoft Technology Company Limited Announces the Resignation of Wu Qing an as Executive Director The board of directors of Jiangsu NandaSoft Technology Company Limited announced that due to his personal career commitments, Mr. Wu Qing An ("Mr. Wu") has resigned as an executive Director of the Company with effect from 23 April 2024. New Risk • Nov 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of 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 Market cap is less than US$10m (HK$44.0m market cap, or US$5.63m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Announcement • Nov 01
Jiangsu NandaSoft Technology Company Limited to Report Nine Months, 2023 Results on Nov 10, 2023 Jiangsu NandaSoft Technology Company Limited announced that they will report nine months, 2023 results on Nov 10, 2023 Reported Earnings • Aug 13
Second quarter 2023 earnings released: CN¥0.008 loss per share (vs CN¥0.009 loss in 2Q 2022) Second quarter 2023 results: CN¥0.008 loss per share (improved from CN¥0.009 loss in 2Q 2022). Revenue: CN¥31.2m (down 12% from 2Q 2022). Net loss: CN¥3.23m (loss narrowed 8.8% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 13
Second quarter 2023 earnings released: CN¥0.008 loss per share (vs CN¥0.009 loss in 2Q 2022) Second quarter 2023 results: CN¥0.008 loss per share (improved from CN¥0.009 loss in 2Q 2022). Revenue: CN¥31.2m (down 12% from 2Q 2022). Net loss: CN¥3.23m (loss narrowed 8.8% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Announcement • Aug 03
Jiangsu NandaSoft Technology Company Limited to Report First Half, 2023 Results on Aug 11, 2023 Jiangsu NandaSoft Technology Company Limited announced that they will report first half, 2023 results on Aug 11, 2023 Announcement • Jun 01
Jiangsu NandaSoft Technology Company Limited, Annual General Meeting, Jun 30, 2023 Jiangsu NandaSoft Technology Company Limited, Annual General Meeting, Jun 30, 2023, at 10:00 China Standard Time. Location: 12/F., SoftTech Innovation Park, No. 19 South Qingjiang Road, Gulou District Nanjing China Agenda: To consider and approve the reports of the directors of the Company for the year 2022; to consider and approve the reports of the supervisory committee of the Company for the year 2022; to consider and approve the audited consolidated financial statements of the Company and its subsidiaries for the year 2022; to consider and approve allotments of statutory surplus reserve of the Company for the year 2022; and to consider other matters. Reported Earnings • May 18
First quarter 2023 earnings released: CN¥0.017 loss per share (vs CN¥0.025 loss in 1Q 2022) First quarter 2023 results: CN¥0.017 loss per share (improved from CN¥0.025 loss in 1Q 2022). Revenue: CN¥38.7m (down 73% from 1Q 2022). Net loss: CN¥6.89m (loss narrowed 33% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Board Change • May 17
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. 6 non-independent directors. Independent Non-Executive Director Zhengtang Zhang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 04
Jiangsu NandaSoft Technology Company Limited to Report Fiscal Year 2022 Results on May 15, 2023 Jiangsu NandaSoft Technology Company Limited announced that they will report fiscal year 2022 results on May 15, 2023 Board Change • Nov 16
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. 6 non-independent directors. Independent Non-Executive Director Zhengtang Zhang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 02
Jiangsu NandaSoft Technology Company Limited to Report Nine Months, 2022 Results on Nov 11, 2022 Jiangsu NandaSoft Technology Company Limited announced that they will report nine months, 2022 results on Nov 11, 2022 Reported Earnings • Aug 15
Second quarter 2022 earnings released: CN¥0.009 loss per share (vs CN¥0.01 loss in 2Q 2021) Second quarter 2022 results: CN¥0.009 loss per share (up from CN¥0.01 loss in 2Q 2021). Revenue: CN¥35.7m (down 75% from 2Q 2021). Net loss: CN¥3.55m (loss narrowed 19% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • May 28
Jiangsu NandaSoft Technology Company Limited, Annual General Meeting, Jun 30, 2022 Jiangsu NandaSoft Technology Company Limited, Annual General Meeting, Jun 30, 2022. Announcement • May 27
Jiangsu Nandasoft Technology Company Limited Announces Resignation of Xu Bin as Supervisor, with Effect from May 26, 2022 Jiangsu NandaSoft Technology Company Limited announced that Xu Bin has resigned as supervisor representing the shareholders of the Company with effect from May 26, 2022. Reported Earnings • May 16
First quarter 2022 earnings released: CN¥0.003 loss per share (vs CN¥0.001 loss in 1Q 2021) First quarter 2022 results: CN¥0.003 loss per share (down from CN¥0.001 loss in 1Q 2021). Revenue: CN¥143.4m (up 18% from 1Q 2021). Net loss: CN¥10.2m (loss widened 241% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Announcement • May 14
Jiangsu NandaSoft Technology Company Limited to Report Fiscal Year 2021 Results on May 25, 2022 Jiangsu NandaSoft Technology Company Limited announced that they will report fiscal year 2021 results on May 25, 2022 Board Change • Apr 27
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. 6 non-independent directors. Independent Non-Executive Director Zhengtang Zhang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 03
Full year 2021 earnings released: CN¥0.012 loss per share (vs CN¥0.009 loss in FY 2020) Full year 2021 results: CN¥0.012 loss per share (down from CN¥0.009 loss in FY 2020). Revenue: CN¥534.7m (flat on FY 2020). Net loss: CN¥40.0m (loss widened 30% from FY 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Mar 23
Jiangsu NandaSoft Technology Company Limited to Report Fiscal Year 2021 Results on Mar 31, 2022 Jiangsu NandaSoft Technology Company Limited announced that they will report fiscal year 2021 results on Mar 31, 2022 Reported Earnings • Nov 15
Third quarter 2021 earnings released The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CN¥109.6m (up 1.3% from 3Q 2020). Net loss: CN¥1.66m (loss narrowed 37% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2021 earnings released: CN¥0.001 loss per share (vs CN¥0.001 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥140.0m (up 20% from 2Q 2020). Net loss: CN¥4.39m (loss widened 74% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
First quarter 2021 earnings released The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: CN¥121.4m (down 8.6% from 1Q 2020). Net loss: CN¥2.99m (loss widened 26% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 08
Full year 2020 earnings released: CN¥0.009 loss per share (vs CN¥0.031 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CN¥536.2m (up 38% from FY 2019). Net loss: CN¥30.7m (loss narrowed 70% from FY 2019). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Mar 19
Jiangsu NandaSoft Technology Company Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 Jiangsu NandaSoft Technology Company Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Reported Earnings • Nov 07
Third quarter 2020 earnings released: CN¥0.001 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: CN¥108.2m (up 51% from 3Q 2019). Net loss: CN¥2.64m (loss narrowed 31% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Announcement • Oct 28
Jiangsu NandaSoft Technology Company Limited to Report Nine Months, 2020 Results on Nov 06, 2020 Jiangsu NandaSoft Technology Company Limited announced that they will report nine months, 2020 results on Nov 06, 2020 Announcement • Aug 06
Jiangsu NandaSoft Technology Company Limited to Report First Half, 2020 Results on Aug 14, 2020 Jiangsu NandaSoft Technology Company Limited announced that they will report first half, 2020 results on Aug 14, 2020 