Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$2.50, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 22x in the Multiline Retail industry in the US. Total returns to shareholders of 2.9% over the past three years. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$2.50, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 20x in the Multiline Retail industry in the US. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to US$2.50, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 19x in the Multiline Retail industry in the US. Total loss to shareholders of 4.2% over the past three years. New Risk • Feb 03
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 American stocks, typically moving 11% 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 High level of non-cash earnings (57% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$19.4m market cap). Reported Earnings • Feb 01
First half 2026 earnings released: EPS: CN¥6.17 (vs CN¥2.76 loss in 1H 2025) First half 2026 results: EPS: CN¥6.17 (up from CN¥2.76 loss in 1H 2025). Revenue: CN¥68.7m (up 11% from 1H 2025). Net income: CN¥50.5m (up CN¥74.6m from 1H 2025). Profit margin: 74% (up from net loss in 1H 2025). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Sep 11
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 American stocks, typically moving 26% 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 Risk Share price has been highly volatile over the past 3 months (26% average weekly change). Minor Risk Market cap is less than US$100m (US$20.4m market cap). Reported Earnings • Jul 22
Full year 2025 earnings released Full year 2025 results: Revenue: CN¥141.2m (down 12% from FY 2024). Net loss: CN¥62.6m (loss widened 5.5% from FY 2024). New Risk • Jul 08
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 American stocks, typically moving 12% 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 Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$17.5m market cap). New Risk • Jun 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 September 2024 fiscal period end). Market cap is less than US$100m (US$17.7m market cap). Reported Earnings • Nov 26
First half 2025 earnings released: CN¥2.76 loss per share (vs CN¥4.11 loss in 1H 2024) First half 2025 results: CN¥2.76 loss per share (improved from CN¥4.11 loss in 1H 2024). Revenue: CN¥61.9m (down 26% from 1H 2024). Net loss: CN¥24.1m (loss narrowed 32% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 12
Full year 2024 earnings released: CN¥6.85 loss per share (vs CN¥20.90 loss in FY 2023) Full year 2024 results: CN¥6.85 loss per share (improved from CN¥20.90 loss in FY 2023). Revenue: CN¥160.3m (down 31% from FY 2023). Net loss: CN¥59.3m (loss narrowed 67% from FY 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. New Risk • Jul 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (US$18.9m market cap). Announcement • May 15
MOGU Inc. (NYSE:MOGU) announces an Equity Buyback for $8 million worth of its shares. MOGU Inc. (NYSE:MOGU) announces a share repurchase program. Under the program, the company will repurchase up to $8 million worth of its shares. The repurchase program will be funded from the company's existing cash balance. The program will continue through May 12, 2025. Announcement • Jan 25
Qi Chen acquired 4.5% stake in MOGU Inc. (NYSE:MOGU) from an independent third party for $1.04 million. Qi Chen acquired 4.5% stake in MOGU Inc. (NYSE:MOGU) from an independent third party for $1.04 million on June 29, 2023. Qi Chen who is the founder and Chairman of MOGU acquired 0.37 million ADSs at $2.8 per ADS.Qi Chen completed the acquisition of 4.5% stake in MOGU Inc. (NYSE:MOGU) from an independent third party on June 29, 2023. Reported Earnings • Dec 18
First half 2024 earnings released: CN¥4.11 loss per share (vs CN¥6.79 loss in 1H 2023) First half 2024 results: CN¥4.11 loss per share (improved from CN¥6.79 loss in 1H 2023). Revenue: CN¥83.3m (down 28% from 1H 2023). Net loss: CN¥35.4m (loss narrowed 38% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. New Risk • Aug 14
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 American stocks, typically moving 16% 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 Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Market cap is less than US$100m (US$16.4m market cap). Reported Earnings • Aug 01
Full year 2023 earnings released: CN¥20.90 loss per share (vs CN¥76.17 loss in FY 2022) Full year 2023 results: CN¥20.90 loss per share (improved from CN¥76.17 loss in FY 2022). Revenue: CN¥232.1m (down 31% from FY 2022). Net loss: CN¥178.0m (loss narrowed 72% from FY 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Full year 2023 earnings released Full year 2023 results: Revenue: CN¥468.9m (up 39% from FY 2022). Net loss: CN¥455.5m (loss narrowed 29% from FY 2022). Reported Earnings • Mar 05
First half 2023 earnings released: CN¥6.79 loss per share (vs CN¥49.18 loss in 1H 2022) First half 2023 results: CN¥6.79 loss per share (improved from CN¥49.18 loss in 1H 2022). Revenue: CN¥114.8m (down 32% from 1H 2022). Net loss: CN¥57.4m (loss narrowed 86% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Roy Rong was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Sep 10
MOGU Inc. (NYSE:MOGU) announces an Equity Buyback for $10 million worth of its shares. MOGU Inc. (NYSE:MOGU) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The repurchase program will be funded from the company's existing cash balance. The program will continue through August 31, 2022. Reported Earnings • Jul 19
Full year 2022 earnings released: CN¥76.17 loss per share (vs CN¥37.41 loss in FY 2021) Full year 2022 results: CN¥76.17 loss per share (down from CN¥37.41 loss in FY 2021). Revenue: CN¥337.5m (down 30% from FY 2021). Net loss: CN¥639.8m (loss widened 95% from FY 2021). 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 58% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 10
Full year 2022 earnings released: CN¥76.17 loss per share (vs CN¥37.41 loss in FY 2021) Full year 2022 results: CN¥76.17 loss per share (down from CN¥37.41 loss in FY 2021). Revenue: CN¥337.5m (down 30% from FY 2021). Net loss: CN¥639.8m (loss widened 95% from FY 2021). Announcement • May 26
MOGU Inc. to Report Second Half, 2022 Results on Jun 08, 2022 MOGU Inc. announced that they will report second half, 2022 results on Jun 08, 2022 Board Change • Apr 27
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 Roy Rong was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 25
Second quarter 2022 earnings: Revenues miss analyst expectations Second quarter 2022 results: Revenue: CN¥77.5m (down 31% from 2Q 2021). Net loss: CN¥316.4m (loss widened 238% from 2Q 2021). Revenue missed analyst estimates by 5.9%. Reported Earnings • Aug 29
First quarter 2022 earnings released: CN¥0.94 loss per share (vs CN¥0.81 loss in 1Q 2021) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2022 results: Revenue: CN¥92.0m (down 31% from 1Q 2021). Net loss: CN¥95.5m (loss widened 7.4% from 1Q 2021). Announcement • Aug 28
MOGU Inc. (NYSE:MOGU) announces an Equity Buyback for $10 million worth of its shares. MOGU Inc. (NYSE:MOGU) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The repurchase program will be funded from the company's existing cash balance. The program will continue through August 26, 2022. Reported Earnings • Jul 03
Full year 2021 earnings released: CN¥3.12 loss per share (vs CN¥20.45 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: CN¥482.4m (down 42% from FY 2020). Net loss: CN¥328.0m (loss narrowed 85% from FY 2020). Reported Earnings • Jun 01
Full year 2021 earnings released: CN¥3.12 loss per share (vs CN¥20.45 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: CN¥482.4m (down 42% from FY 2020). Net loss: CN¥328.0m (loss narrowed 85% from FY 2020). Executive Departure • May 22
Financial Controller has left the company On the 12th of May, Huiqing Wang's tenure as Financial Controller ended after less than a year in the role. We don't have any record of a personal shareholding under Huiqing's name. Huiqing is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Mar 03
New 90-day low: US$1.96 The company is down 15% from its price of US$2.30 on 02 December 2020. The American market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 2.0% over the same period. Analyst Estimate Surprise Post Earnings • Feb 27
Revenue misses expectations Revenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 79%, compared to a 29% growth forecast for the Online Retail industry in the US. Reported Earnings • Feb 27
Third quarter 2021 earnings released The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥146.5m (down 46% from 3Q 2020). Net loss: CN¥36.7m (loss narrowed 98% from 3Q 2020). Announcement • Feb 18
MOGU Inc. to Report Q3, 2021 Results on Feb 25, 2021 MOGU Inc. announced that they will report Q3, 2021 results Pre-Market on Feb 25, 2021 Is New 90 Day High Low • Feb 05
New 90-day high: US$2.90 The company is up 7.0% from its price of US$2.70 on 06 November 2020. The American market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Online Retail industry, which is up 5.0% over the same period. Is New 90 Day High Low • Jan 01
New 90-day low: US$2.17 The company is down 10.0% from its price of US$2.41 on 02 October 2020. The American market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 5.0% over the same period. Analyst Estimate Surprise Post Earnings • Dec 01
Revenue misses expectations Revenue missed analyst estimates by 39%. Over the next year, revenue is forecast to grow 59%, compared to a 29% growth forecast for the Online Retail industry in the US. Announcement • Nov 21
MOGU Inc. to Report Q2, 2021 Results on Nov 30, 2020 MOGU Inc. announced that they will report Q2, 2021 results at 9:00 AM, China Standard Time on Nov 30, 2020 Announcement • Aug 17
MOGU Inc. to Report Q1, 2021 Results on Aug 24, 2020 MOGU Inc. announced that they will report Q1, 2021 results at 9:00 AM, China Standard Time on Aug 24, 2020