New Risk • Apr 23
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 13x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 74% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 13x increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$29.4m market cap). Board Change • Apr 22
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. No experienced directors. No highly experienced directors. Co-CEO & Director Guo Li is the most experienced director on the board, commencing their role in 2025. 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 21
Full year 2025 earnings released: US$48.25 loss per share (vs US$0.23 profit in FY 2024) Full year 2025 results: US$48.25 loss per share (down from US$0.23 profit in FY 2024). Revenue: US$5.07m (down 99% from FY 2024). Net loss: US$223.7m (down US$224.6m 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 87 percentage points per year, which is a significant difference in performance. Announcement • Mar 07
AIOS Tech Inc. announced that it has received CNY 24 million in funding On March 6, 2026, AIOS Tech Inc. closed the transaction. Announcement • Feb 13
AIOS Tech Inc. Announces Executive Changes, Effective February 12, 2026 AIOS Tech Inc. received a letter of resignation from Mr. Jinbao Li as Director and Chairman of the Board, effective as of February 12, 2026. The Board appointed Ms. Xuemei Zhang as Director and Chairperson of the Board, effective February 12, 2026. Ms. Xuemei Zhang has extensive management and operational experience. From 2023 to 2025, Ms. Zhang served as Managing Director of Nepstar Inc., where she was responsible for overseeing overall business and strategic planning. Prior to that, she was Head of Operation at Vanrei International from 2020 to 2023, managing daily operations and business functions. She obtained a bachelor's degree in business management from Keele University in 2011. The Board appointed Mr. Chui Kwan Pui as Chief Compliance and Operation Officer, effective February 12, 2026. Mr. Chui Kwan Pui was a lawyer at Fujian Shuangding Law Office from 2024 to 2025, where he provided legal advices to corporate clients. Prior to that, he served as a Registered Foreign Lawyer and Legal Assistant in the Corporate Finance Practice Group at Deacons from 2019 to 2024, where he handled corporate finance matters and IPO projects. He obtained a bachelor's degree in law from Xiamen University in 2018 and a master's degree in law from City University of Hong Kong in 2019. Reported Earnings • Jan 02
First half 2025 earnings released: US$15.31 loss per share (vs US$2.61 profit in 1H 2024) First half 2025 results: US$15.31 loss per share (down from US$2.61 profit in 1H 2024). Revenue: US$91.1m (down 53% from 1H 2024). Net loss: US$70.0m (down US$80.3m from profit in 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. New Risk • Dec 31
New major risk - Revenue and earnings growth Revenue has declined by 12% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Revenue has declined by 12% over the past year. High level of non-cash earnings (63% accrual ratio). Market cap is less than US$10m (US$4.84m market cap). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorates as stock falls 44% After last week's 44% share price decline to US$1.76, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 32x in the Software industry in the US. Total loss to shareholders of 71% over the past three years. New Risk • Dec 20
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 15% 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 (63% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (15% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (US$15.3m market cap). New Risk • Nov 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 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: Major Risk High level of non-cash earnings (63% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (US$17.6m market cap). Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to US$4.24, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 36x in the Software industry in the US. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to US$4.60, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 43x in the Software industry in the US. Total loss to shareholders of 47% over the past three years. New Risk • Jul 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (63% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (US$18.0m market cap). Announcement • Jul 08
Nisun International Enterprise Development Group Co., Ltd Announces Resignation of Sheng Tang as A Director, Effective July 2, 2025 On July 2, 2025, Mr. Sheng Tang tendered his resignation as a director of Nisun International Enterprise Development Group Co. Ltd. due to personal reasons. Mr. Tang’s resignation was not the result of any disagreements with the Company, its management or the Board. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$3.61, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 41x in the Software industry in the US. Total loss to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$4.18, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 33x in the Software industry in the US. Total loss to shareholders of 42% over the past three years. Reported Earnings • May 01
Full year 2024 earnings released: EPS: US$0.23 (vs US$4.46 in FY 2023) Full year 2024 results: EPS: US$0.23 (down from US$4.46 in FY 2023). Revenue: US$340.2m (down 12% from FY 2023). Net income: US$923.6k (down 95% from FY 2023). Profit margin: 0.3% (down from 4.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Announcement • Apr 28
Nisun International Enterprise Development Group Co., Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025 Nisun International Enterprise Development Group Co., Ltd announced that they will report fiscal year 2024 results at 4:15 PM, US Eastern Standard Time on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$7.73, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 28x in the Software industry in the US. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to US$7.95, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 43x in the Software industry in the US. Total loss to shareholders of 24% over the past three years. Announcement • Jan 24
Nisun International Enterprise Development Group Co., Ltd Provides Earnings Guidance for the Fiscal Year 2024 Nisun International Enterprise Development Group Co. Ltd. provided earnings guidance for the fiscal year 2024. For the period,
the Company expects to report revenues in the range of USD 300 million to USD 350 million, net income in the range of USD 11 million to USD 15 million, EPS in the range of USD 2.6 USD 3.6. New Risk • Nov 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). High level of non-cash earnings (96% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.7% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (US$38.1m market cap). Announcement • Nov 12
Nisun International Enterprise Development Group Co., Ltd (NasdaqCM:NISN) acquired an unknown minority stake in Nanjing Pin Bai Sheng Catering Management Co., Ltd. Nisun International Enterprise Development Group Co., Ltd (NasdaqCM:NISN) acquired an unknown minority stake in Nanjing Pin Bai Sheng Catering Management Co., Ltd. on November 11, 2024.
Nisun International Enterprise Development Group Co., Ltd (NasdaqCM:NISN) completed the acquisition of an unknown minority stake in Nanjing Pin Bai Sheng Catering Management Co., Ltd. on November 11, 2024. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to US$10.01, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 41x in the Software industry in the US. Total loss to shareholders of 88% over the past three years. Reported Earnings • Oct 16
First half 2024 earnings released: EPS: US$2.61 (vs US$2.87 in 1H 2023) First half 2024 results: EPS: US$2.61 (down from US$2.87 in 1H 2023). Revenue: US$192.5m (up 52% from 1H 2023). Net income: US$10.3m (down 9.0% from 1H 2023). Profit margin: 5.4% (down from 8.9% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings. Announcement • Oct 10
Nisun International Enterprise Development Group Co., Ltd Provides Earnings Guidance for the First Half of 2024 Nisun International Enterprise Development Group Co. Ltd. provided earnings guidance for the first half of 2024. The company expects to report record revenue for the first half of 2024 of approximately $192.5 million, representing a 52% increase compared to $126.9 million for the same period last year. The Company also expects to report earnings per share (EPS) for the first half of 2024 of approximately $2.61. Announcement • Oct 09
Nisun International Enterprise Development Group Co., Ltd (NasdaqCM:NISN) announces an Equity Buyback for $15 million worth of its shares. Nisun International Enterprise Development Group Co., Ltd (NasdaqCM:NISN) announces a share repurchase program. Under the program, the company will repurchase up to $15 million worth of its Class A common shares. The repurchase program will be funded using cash on hand and profits generated from the company’s operations. The purpose of the program is to enhance shareholder value by increasing earnings per share (EPS). The program will valid for 12 months. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$19.18, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 38x in the Software industry in the US. Total loss to shareholders of 83% over the past three years. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$16.65, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 39x in the Software industry in the US. Total loss to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$9.60, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 37x in the Software industry in the US. Total loss to shareholders of 90% over the past three years. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to US$12.00, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 40x in the Software industry in the US. Total loss to shareholders of 87% over the past three years. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Chairman Jinbao Li was the last 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: Insufficient board refreshment. Announcement • Jul 23
Nisun International Regains Compliance with Nasdaq Requirement Nisun International Enterprise Development Group Co. Ltd. ("Nisun" or the "Company") announced that it has received notification from The Nasdaq Stock Market LLC confirming the Company has regained compliance with the periodic filing requirement for The Nasdaq Stock Market under Listing Rule 5250(c)(1). Nasdaq noted this matter is now closed. Announcement • May 21
Nisun International Enterprise Development Receives Notification of Deficiency from Nasdaq Related to Not Timely Filing of Annual Report on Form 20-F Nisun International Enterprise Development Group Co. Ltd. (the ‘Company’) announced that it received a notice of non-compliance from Nasdaq Stock Market LLC (‘Nasdaq’) on May 17, 2024 stating that, as a result of not having timely filed its annual report on Form 20-F for the year ended December 31, 2023, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission. This notice has no immediate effect on the listing or trading of the Company's Class A common shares on Nasdaq. Under Nasdaq's listing rules, the Company has 60 calendar days to submit a plan to regain compliance. If the plan is accepted by Nasdaq, the Company can be granted up to 180 calendar days from the Form 20-F's due date, or until November 11, 2024, to regain compliance. The Company is fully committed to regaining compliance and satisfying all of Nasdaq's listing requirements and working to file its Annual Report on Form 20-F as soon as practicable. Announcement • May 03
Nisun International Enterprise Development Group Co., Ltd announced delayed 20-F filing On 05/01/2024, Nisun International Enterprise Development Group Co., Ltd announced that they will be unable to file their next 20-F by the deadline required by the SEC. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to US$7.97, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 43x in the Software industry in the US. Total loss to shareholders of 95% over the past three years. New Risk • Apr 23
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: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (6.0% net profit margin). Shareholders have been diluted in the past year (7.1% increase in shares outstanding). Market cap is less than US$100m (US$25.8m market cap). Reported Earnings • Dec 20
First half 2023 earnings released: EPS: US$2.87 (vs US$3.59 in 1H 2022) First half 2023 results: EPS: US$2.87 (down from US$3.59 in 1H 2022). Revenue: US$126.9m (up 7.5% from 1H 2022). Net income: US$11.3m (down 21% from 1H 2022). Profit margin: 8.9% (down from 12% in 1H 2022). The decrease in margin was driven by higher expenses. New Risk • Dec 01
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 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 High level of non-cash earnings (51% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (7.5% net profit margin). Shareholders have been diluted in the past year (7.1% increase in shares outstanding). Market cap is less than US$100m (US$13.9m market cap). New Risk • Nov 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (51% accrual ratio). Market cap is less than US$10m (US$9.07m market cap). Minor Risks Profit margins are more than 30% lower than last year (7.5% net profit margin). Shareholders have been diluted in the past year (5.2% increase in shares outstanding). Announcement • Nov 10
Nisun International Enterprise Development Group Co., Ltd, Annual General Meeting, Nov 29, 2023 Nisun International Enterprise Development Group Co., Ltd, Annual General Meeting, Nov 29, 2023, at 10:00 China Standard Time. Location: 21F, 55 Loushanguan Rd, Changning District Shanghai China Agenda: To approve an Ordinary Resolution THAT Jingbao Li and Jing Li be elected as company's Class I members of the Board of Directors, each to serve a term expiring at the Annual Meeting of Shareholders in 2026 or until their successors are duly elected and qualified; to approve an Ordinary Resolution THAT Yu Certified Public Accountant PC be ratified as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023; and to transact any other business properly coming before the meeting. Announcement • Aug 12
Nisun International Regains Compliance with NASDAQ Requirement On August 11, 2023, Nisun International Enterprise Development Group Co. Ltd. announced that it has received notification from The Nasdaq Stock Market LLC confirming the Company has regained compliance with the periodic filing requirement for The Nasdaq Stock Market under Listing Rule 5250(c)(1). Nasdaq noted this matter is now closed. Reported Earnings • Aug 10
Full year 2022 earnings released: EPS: US$4.42 (vs US$14.13 in FY 2021) Full year 2022 results: EPS: US$4.42 (down from US$14.13 in FY 2021). Revenue: US$234.2m (up 46% from FY 2021). Net income: US$17.6m (down 42% from FY 2021). Profit margin: 7.5% (down from 19% in FY 2021). The decrease in margin was driven by higher expenses. Announcement • Jul 26
Nisun International Receives Exception Period to Regain Compliance with Nasdaq Periodic Reports Requirements Nisun International Enterprise Development Group Co. Ltd. ("Nisun" or the "Company") announced that on July 24, 2023, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under the timely filing of periodic financial reports requirement through November 13, 2023. To regain compliance with NASDAQ's periodic reports requirement, the Company is required to file the Form 20-F for the year ended December 31, 2022 by November 13, 2023. New Risk • Jul 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2022. 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 High level of non-cash earnings (71% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2022 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (US$14.8m market cap). Announcement • Jun 03
Nisun International Regains Compliance with Nasdaq Minimum Bid Price Requirement Nisun International Enterprise Development Group Co. Ltd. announced that it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("NASDAQ") dated May 26, 2023 notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company had failed to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5550(a)(2). Pursuant to the Letter, unless the Company requests an appeal of the Letter, trading of the Company's Class A Common Shares will be suspended at the opening of business on June 6, 2023, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company's securities from listing and registration on the Nasdaq Stock Market. On June 1, 2023, the Company received notification from NASDAQ confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). NASDAQ noted this matter is now closed. Announcement • May 22
Nisun International Enterprise Development Receives Notification of Deficiency from Nasdaq Related to Not Timely Filing of Annual Report on Form 20-F On May 19, 2023, Nisun International Enterprise Development Group Co. Ltd. announced that it received a notice of non-compliance from Nasdaq Stock Market LLC (‘Nasdaq’) on May 18, 2023 stating that, as a result of not having timely filed its annual report on Form 20-F for the year ended December 31, 2022, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission. This notice has no immediate effect on the listing or trading of the Company's Class A common shares on the Nasdaq. Under Nasdaq's listing rules, the Company has 60 calendar days to submit a plan to regain compliance. If the plan is accepted by Nasdaq, the Company can be granted up to 180 calendar days from the Form 20-F's due date, or until November 13, 2023, to regain compliance. Announcement • May 18
Nisun International Enterprise Development Group Announces 1-For-10 Common Share Consolidation to Regain Compliance with Nasdaq Marketplace Rule 5550(A)(2) Nisun International Enterprise Development Group Co. Ltd. announced that the Company's Board of Directors approved on May 2, 2023 to effect a share consolidation of the Company's common shares at the ratio of one-for-ten with the market effective date of May 18, 2023. The objective of the share consolidation is to enable the Company to regain compliance with NASDAQ Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq. Reported Earnings • Dec 29
First half 2022 earnings released: EPS: US$0.36 (vs US$0.51 in 1H 2021) First half 2022 results: EPS: US$0.36. Revenue: US$118.0m (up 203% from 1H 2021). Net income: US$14.3m (up 38% from 1H 2021). Profit margin: 12% (down from 27% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Announcement • Dec 22
Nisun International Enterprise Development Group Co., Ltd to Report First Half, 2022 Results on Dec 28, 2022 Nisun International Enterprise Development Group Co., Ltd announced that they will report first half, 2022 results on Dec 28, 2022 Announcement • Nov 24
Nisun International Receives NASDAQ Minimum Bid Price Requirement Extension Nisun International Enterprise Development Group Co. Ltd. announced that on November 22, 2022, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under the minimum bid price requirement through May 22, 2023. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's common shares needs to be at least $1.00 per share for a minimum of 10 consecutive business days by May 22, 2023. 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. 1 experienced director. No highly experienced directors. Independent Director Sheng Tang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Oct 13
Nisun International Enterprise Development Group Co., Ltd, Annual General Meeting, Nov 29, 2022 Nisun International Enterprise Development Group Co., Ltd, Annual General Meeting, Nov 29, 2022, at 10:00 China Standard Time. Location: 21F, 55 Loushanguan Rd, Changning District, Shanghai China Announcement • Sep 24
Nisun International Enterprise Development Group Co., Ltd Announces Resignation of Xiaofeng Ma as A Member of the Board of Directors On September 21, 2022, Mr. Xiaofeng Ma tendered his resignation as a member of the board of directors of Nisun International Enterprise Development Group Co. Ltd. (the Company), effective September 21, 2022. Mr. Ma’s resignation was for personal reasons and was not due to any disagreement with the Company, its management or the Board. The Board accepted Mr. Ma’s resignation on September 21, 2022. The Board is in the process of seeking a replacement director to fill the vacancy created by the departure of Mr. Ma. Board Change • Aug 02
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Sheng Tang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 11
Nisun International Enterprise Development Group Co., Ltd (NasdaqCM:NISN) announces an Equity Buyback for $8 million worth of its shares. Nisun International Enterprise Development Group Co., Ltd (NasdaqCM:NISN) announces a share repurchase program. Under the program, the company will repurchase up to $8 million worth of its shares. The program will valid for six months. Announcement • May 28
Nisun Receives Nasdaq Notification Regarding Minimum Bid Requirements Nisun International Enterprise Development Group Co. Ltd. announced that on May 25, 2022, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's Class A common shares was below $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's common shares, which will continue to trade uninterrupted on Nasdaq under the ticker "NISN". Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until November 21, 2022 (the "Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's common shares is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance with the minimum bid price requirement by November 21, 2022, the Company may be eligible for an additional 180 calendar day grace period. Announcement • May 03
Nisun International Enterprise Development Group Co., Ltd announced delayed 20-F filing On 05/02/2022, Nisun International Enterprise Development Group Co., Ltd announced that they will be unable to file their next 20-F by the deadline required by the SEC. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Independent Director Sheng Tang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorated over the past week After last week's 19% share price decline to US$2.47, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 31x in the Machinery industry in the US. Total returns to shareholders of 193% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 17% share price gain to US$8.77, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 30x in the Machinery industry in the US. Total returns to shareholders of 1,271% over the past three years. Reported Earnings • Nov 16
Third quarter 2021 earnings released: EPS US$0.47 (vs US$0.15 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: US$67.9m (up 373% from 3Q 2020). Net income: US$9.57m (up 234% from 3Q 2020). Profit margin: 14% (down from 20% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 87% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 30% share price gain to US$16.15, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 31x in the Machinery industry in the US. Total returns to shareholders of 1,304% over the past three years. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improved over the past week After last week's 22% share price gain to US$11.80, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 29x in the Machinery industry in the US. Total returns to shareholders of 774% over the past three years. Reported Earnings • Sep 24
Second quarter 2021 earnings released: EPS US$0.30 (vs US$0.11 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: US$20.8m (up 209% from 2Q 2020). Net income: US$6.08m (up 193% from 2Q 2020). Profit margin: 29% (down from 31% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 04
First quarter 2021 earnings released: EPS US$0.21 (vs US$0.11 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: US$18.1m (up 169% from 1Q 2020). Net income: US$4.40m (up 112% from 1Q 2020). Profit margin: 24% (down from 31% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 04
Nisun International Enterprise Development Group Co., Ltd announced delayed 20-F filing On 05/03/2021, Nisun International Enterprise Development Group Co., Ltd announced that they will be unable to file their next 20-F by the deadline required by the SEC. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$13.80, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 36x in the Machinery industry in the US. Total returns to shareholders of 731% over the past three years. Is New 90 Day High Low • Jan 07
New 90-day high: US$23.99 The company is up 48% from its price of US$16.24 on 08 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improved over the past week After last week's 28% share price gain to US$23.99, the stock is trading at a trailing P/E ratio of 57x, up from the previous P/E ratio of 44.5x. This compares to an average P/E of 31x in the Machinery industry in the US. Total returns to shareholders over the past three years are 943%. Reported Earnings • Jan 03
First half 2020 earnings released: EPS US$0.23 The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2020 results: Revenue: US$13.5m (up 139% from 1H 2019). Net income: US$4.15m (up US$4.83m from 1H 2019). Profit margin: 31% (up from net loss in 1H 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 95% per year, which means it is well ahead of earnings. Announcement • Jan 02
Wise Metro Development Co., Ltd. acquired Hongkong Xibolun Technology Limited from Nisun International Enterprise Development Group Co., Ltd (NasdaqCM:NISN) for CNY 98.3 million. Wise Metro Development Co., Ltd. acquired Hongkong Xibolun Technology Limited from Nisun International Enterprise Development Group Co., Ltd (NasdaqCM:NISN) for CNY 98.3 million on November 30, 2020. The Wise Metro Development Co., Ltd. will pay consideration in cash or cash equivalents.
Wise Metro Development Co., Ltd. completed the acquisition of Hongkong Xibolun Technology Limited from Nisun International Enterprise Development Group Co., Ltd (NasdaqCM:NISN) on November 30, 2020. Announcement • Dec 23
Nisun International Enterprise Development Group Co., Ltd and Fintech (Shanghai) Digital Technology Co., Ltd Enters into A Strategic Collaboration Agreement with SHPGX Nisun International Enterprise Development Group Co. Ltd. announced that Fintech (Shanghai) Digital Technology Co. Ltd. has entered into a strategic collaboration agreement with Shanghai Petroleum and Natural Gas Exchange, a national trading platform for energy products. The two groups agreed to join forces to expand technology supported services to members of SHPGX’s trading platform through the provision of supply chain management and financial services, targeting upstream and downstream enterprises in the energy industry. By continuously introducing cutting-edge technologies such as big data, AI, IoT, and blockchain to the supply chain field, Nisun has established an open digital ecosystem, creating linkages among supply chains, enterprises, banks, securities firms, trusts, investment funds, insurance companies, and other financial institutions. As part of the partnership, Nisun will leverage its expertise in financial technology and supply chain management, and provide SHPGX clients customized financial services through the platform. Is New 90 Day High Low • Dec 16
New 90-day high: US$18.06 The company is up 36% from its price of US$13.32 on 16 September 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 14% over the same period.