Board Change • May 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Peng Yang was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 24
MCC Meili Cloud Computing Industry Investment Co., Ltd, Annual General Meeting, May 15, 2026 MCC Meili Cloud Computing Industry Investment Co., Ltd, Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhongwei, Ningxia China Tillkännagivande • Mar 31
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report Q1, 2026 Results on Apr 24, 2026 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report Q1, 2026 results on Apr 24, 2026 Tillkännagivande • Dec 31
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report Fiscal Year 2025 Results on Apr 24, 2026 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report fiscal year 2025 results on Apr 24, 2026 Tillkännagivande • Sep 30
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report Q3, 2025 Results on Oct 27, 2025 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report Q3, 2025 results on Oct 27, 2025 Tillkännagivande • Jul 02
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report First Half, 2025 Results on Aug 19, 2025 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report first half, 2025 results on Aug 19, 2025 Tillkännagivande • Mar 31
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report Q1, 2025 Results on Apr 28, 2025 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report Q1, 2025 results on Apr 28, 2025 Tillkännagivande • Mar 14
MCC Meili Cloud Computing Industry Investment Co., Ltd, Annual General Meeting, Apr 09, 2025 MCC Meili Cloud Computing Industry Investment Co., Ltd, Annual General Meeting, Apr 09, 2025, at 14:00 China Standard Time. Location: 4F, Rouyuan Town, Shapotou District, Zhongwei, Ningxia China Tillkännagivande • Dec 31
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report Fiscal Year 2024 Results on Mar 07, 2025 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report fiscal year 2024 results on Mar 07, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: CN¥0.003 loss per share (vs CN¥0.008 loss in 3Q 2023) Third quarter 2024 results: CN¥0.003 loss per share (improved from CN¥0.008 loss in 3Q 2023). Revenue: CN¥238.4m (down 27% from 3Q 2023). Net loss: CN¥6.39m (loss narrowed 46% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Tillkännagivande • Sep 30
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 Tillkännagivande • Sep 20
MCC Meili Cloud Computing Industry Investment Co., Ltd Approves Election of You Changshan as Director MCC Meili Cloud Computing Industry Investment Co. Ltd. at its EGM held on September 18, 2024 approved election of You Changshan as director. Reported Earnings • Aug 23
Second quarter 2024 earnings released: CN¥0.43 loss per share (vs CN¥0.013 profit in 2Q 2023) Second quarter 2024 results: CN¥0.43 loss per share (down from CN¥0.013 profit in 2Q 2023). Revenue: CN¥258.2m (up 11% from 2Q 2023). Net loss: CN¥10.4m (down CN¥12.9m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Tillkännagivande • Jun 29
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report First Half, 2024 Results on Aug 23, 2024 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report first half, 2024 results on Aug 23, 2024 Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.01 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.01 (up from CN¥0.01 loss in 1Q 2023). Revenue: CN¥235.6m (up 13% from 1Q 2023). Net income: CN¥6.85m (up CN¥13.7m from 1Q 2023). Profit margin: 2.9% (up from net loss in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Tillkännagivande • Mar 30
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report Q1, 2024 Results on Apr 23, 2024 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report Q1, 2024 results on Apr 23, 2024 Reported Earnings • Mar 19
Full year 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.33 loss in FY 2022) Full year 2023 results: CN¥0.03 loss per share (improved from CN¥0.33 loss in FY 2022). Revenue: CN¥1.08b (down 1.7% from FY 2022). Net loss: CN¥17.8m (loss narrowed 92% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Tillkännagivande • Dec 29
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report Fiscal Year 2023 Results on Mar 29, 2024 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report fiscal year 2023 results on Mar 29, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: CN¥0.008 loss per share (vs CN¥0.028 loss in 3Q 2022) Third quarter 2023 results: CN¥0.008 loss per share (improved from CN¥0.028 loss in 3Q 2022). Revenue: CN¥327.9m (up 31% from 3Q 2022). Net loss: CN¥11.9m (loss narrowed 53% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance. New Risk • Oct 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 Chinese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 67% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: CN¥0.013 (vs CN¥0.042 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.013 (up from CN¥0.042 loss in 2Q 2022). Revenue: CN¥232.5m (down 2.8% from 2Q 2022). Net income: CN¥2.49m (up CN¥25.8m from 2Q 2022). Profit margin: 1.1% (up from net loss in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jul 01
MCC Meili Cloud Computing Industry Investment Co., Ltd to Report First Half, 2023 Results on Aug 16, 2023 MCC Meili Cloud Computing Industry Investment Co., Ltd announced that they will report first half, 2023 results on Aug 16, 2023 New Risk • Jun 27
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 Chinese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 62% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Reported Earnings • Apr 26
First quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.002 loss in 1Q 2022) First quarter 2023 results: CN¥0.01 loss per share (further deteriorated from CN¥0.002 loss in 1Q 2022). Revenue: CN¥208.8m (down 19% from 1Q 2022). Net loss: CN¥6.84m (loss widened 399% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 140 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 11
MCC Meili Cloud Computing Industry Investment Co., Ltd, Annual General Meeting, Mar 07, 2023 MCC Meili Cloud Computing Industry Investment Co., Ltd, Annual General Meeting, Mar 07, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 financial work report; to consider 2022 profit distribution plan; to consider 2023 estimated continuing connected transactions; to consider Reappointment of 2023 financial audit firm; and to consider any other matters. Reported Earnings • Feb 10
Full year 2022 earnings released: CN¥0.33 loss per share (vs CN¥0.02 loss in FY 2021) Full year 2022 results: CN¥0.33 loss per share (further deteriorated from CN¥0.02 loss in FY 2021). Revenue: CN¥1.10b (down 11% from FY 2021). Net loss: CN¥232.4m (loss widened CN¥215.1m from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 04
MCC Meili Cloud Computing Industry Investment Co., Ltd Approves Executive Appointments MCC Meili Cloud Computing Industry Investment Co. Ltd. at its Extraordinary General Meeting of 2023 held on 02 February 2023, approved Election of Zhang Huadong, Mei Mei, Yi Lankai as non-independent directors, Election of Zhang Xuejun, Xie Gang, Xu Shengming as independent directors, Election of Zhou Xionghua, Tang Xiaodong as supervisors. Board Change • Oct 31
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. Director Chunhua Zhang was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.028 loss per share (vs CN¥0.009 loss in 3Q 2021) Third quarter 2022 results: CN¥0.028 loss per share (further deteriorated from CN¥0.009 loss in 3Q 2021). Revenue: CN¥250.6m (down 9.3% from 3Q 2021). Net loss: CN¥25.2m (loss widened 286% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 25
Second quarter 2022 earnings released: CN¥0.042 loss per share (vs CN¥0.012 profit in 2Q 2021) Second quarter 2022 results: CN¥0.042 loss per share (down from CN¥0.012 profit in 2Q 2021). Revenue: CN¥239.2m (down 11% from 2Q 2021). Net loss: CN¥23.3m (down 340% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Apr 29
First quarter 2022 earnings released: CN¥0.002 loss per share (vs CN¥0.02 profit in 1Q 2021) First quarter 2022 results: CN¥0.002 loss per share (down from CN¥0.02 profit in 1Q 2021). Revenue: CN¥256.1m (down 11% from 1Q 2021). Net loss: CN¥1.37m (down 112% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Chunhua Zhang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 17
Full year 2021 earnings released: CN¥0.03 loss per share (vs CN¥0.07 profit in FY 2020) Full year 2021 results: CN¥0.03 loss per share (down from CN¥0.07 profit in FY 2020). Revenue: CN¥1.23b (up 6.0% from FY 2020). Net loss: CN¥17.8m (down 137% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Board Change • Nov 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Chunhua Zhang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2021 earnings released: CN¥0.009 loss per share (vs CN¥0.015 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥276.4m (up 6.8% from 3Q 2020). Net loss: CN¥6.54m (down 170% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Oct 15
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Chunhua Zhang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 46% share price gain to CN¥7.94, the stock trades at a trailing P/E ratio of 75.4x. Average trailing P/E is 24x in the Forestry industry in China. Total loss to shareholders of 2.6% over the past three years. Reported Earnings • Aug 28
Second quarter 2021 earnings released: EPS CN¥0.012 (vs CN¥0.001 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥268.1m (down 7.9% from 2Q 2020). Net income: CN¥9.73m (up CN¥10.4m from 2Q 2020). Profit margin: 3.6% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Board Change • Jul 31
High number of new directors Non-Independent Director Dengfeng Wu was the last director to join the board, commencing their role in 2019. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥5.81, the stock trades at a trailing P/E ratio of 77.8x. Average trailing P/E is 23x in the Forestry industry in China. Total loss to shareholders of 47% over the past three years. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥0.07 (vs CN¥0.07 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.16b (up 11% from FY 2019). Net income: CN¥48.4m (down 5.0% from FY 2019). Profit margin: 4.2% (down from 4.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥4.48, the stock is trading at a trailing P/E ratio of 63.6x, down from the previous P/E ratio of 75.7x. This compares to an average P/E of 24x in the Forestry industry in China. Total return to shareholders over the past three years is a loss of 67%. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥4.94 The company is down 12% from its price of CN¥5.63 on 04 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥5.51 The company is down 17% from its price of CN¥6.67 on 24 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 5.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥50.5m, up 65% from the prior year. Total revenue was CN¥1.07b over the last 12 months, up 6.4% from the prior year. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥6.00 The company is down 14% from its price of CN¥7.00 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 2.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥6.67 The company is down 4.0% from its price of CN¥6.97 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 19% over the same period.