Declared Dividend • May 25
Dividend of CN¥0.10 announced Shareholders will receive a dividend of CN¥0.10. Ex-date: 28th May 2026 Payment date: 28th May 2026 Dividend yield will be 0.5%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but not covered by cash flows (133% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 154% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Major Estimate Revision • Apr 17
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥2.09b to CN¥1.83b. EPS estimate fell from CN¥0.84 to CN¥0.495 per share. Net income forecast to grow 343% next year vs 67% growth forecast for Software industry in China. Consensus price target down from CN¥39.92 to CN¥28.66. Share price rose 2.2% to CN¥22.44 over the past week. Tillkännagivande • Apr 13
Guo Tai Epoint Software Co.,Ltd, Annual General Meeting, May 06, 2026 Guo Tai Epoint Software Co.,Ltd, Annual General Meeting, May 06, 2026, at 14:00 China Standard Time. Location: Building E, East Area, No. 8, Jiangfan Road, Zhangjiagang, Jiangsu China Tillkännagivande • Apr 12
Guo Tai Epoint Software Co.,Ltd (SHSE:688232) announces an Equity Buyback for CNY 100 million worth of its shares. Guo Tai Epoint Software Co.,Ltd (SHSE:688232) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The repurchase price will not more than CNY 35 per Share. The repurchased shares will be used for ESOP and/or equity incentives. Shares not used within 3 years after the completion of the repurchase will be cancelled. The repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months from the Directorate’s approval. Reported Earnings • Apr 11
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.11 (down from CN¥0.63 in FY 2024). Revenue: CN¥1.84b (down 14% from FY 2024). Net income: CN¥36.1m (down 82% from FY 2024). Profit margin: 2.0% (down from 9.5% in FY 2024). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 84%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 30
Guo Tai Epoint Software Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 Guo Tai Epoint Software Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Reported Earnings • Mar 05
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.11 (down from CN¥0.63 in FY 2024). Revenue: CN¥1.83b (down 15% from FY 2024). Net income: CN¥35.0m (down 83% from FY 2024). Profit margin: 1.9% (down from 9.5% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 84%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. New Risk • Mar 02
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 7.5% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin). Buy Or Sell Opportunity • Jan 12
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to CN¥32.09. The fair value is estimated to be CN¥25.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 208% in the next 2 years. Tillkännagivande • Dec 26
Guo Tai Epoint Software Co.,Ltd to Report Fiscal Year 2025 Results on Apr 11, 2026 Guo Tai Epoint Software Co.,Ltd announced that they will report fiscal year 2025 results on Apr 11, 2026 New Risk • Oct 25
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 99% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.3% 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: 99% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin). Reported Earnings • Oct 25
Third quarter 2025 earnings released: CN¥0.14 loss per share (vs CN¥0.027 profit in 3Q 2024) Third quarter 2025 results: CN¥0.14 loss per share (down from CN¥0.027 profit in 3Q 2024). Revenue: CN¥382.7m (down 19% from 3Q 2024). Net loss: CN¥44.5m (down CN¥54.2m from profit in 3Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Tillkännagivande • Oct 10
Guo Tai Epoint Software Co.,Ltd (SHSE:688232) announces an Equity Buyback for CNY 50 million worth of its shares. Guo Tai Epoint Software Co.,Ltd (SHSE:688232) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The repurchase price will not more than CNY 42 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months from the Directorate’s approval. Tillkännagivande • Sep 30
Guo Tai Epoint Software Co.,Ltd to Report Q3, 2025 Results on Oct 25, 2025 Guo Tai Epoint Software Co.,Ltd announced that they will report Q3, 2025 results on Oct 25, 2025 Tillkännagivande • Jun 30
Guo Tai Epoint Software Co.,Ltd to Report First Half, 2025 Results on Aug 28, 2025 Guo Tai Epoint Software Co.,Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • Jun 06
Dividend of CN¥0.36 announced Dividend of CN¥0.36 is the same as last year. Ex-date: 10th June 2025 Payment date: 10th June 2025 Dividend yield will be 1.2%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 76% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 17
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.63 (up from CN¥0.59 in FY 2023). Revenue: CN¥2.15b (down 12% from FY 2023). Net income: CN¥204.3m (up 4.9% from FY 2023). Profit margin: 9.5% (up from 8.0% in FY 2023). Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Apr 15
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.58b to CN¥2.28b. EPS estimate fell from CN¥1.16 to CN¥0.912 per share. Net income forecast to grow 32% next year vs 66% growth forecast for Software industry in China. Consensus price target up from CN¥37.05 to CN¥39.10. Share price rose 2.8% to CN¥30.36 over the past week. Tillkännagivande • Apr 14
Guo Tai Epoint Software Co.,Ltd, Annual General Meeting, May 15, 2025 Guo Tai Epoint Software Co.,Ltd, Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: Building E, East Area, No. 8, Jiangfan Road, Zhangjiagang, Jiangsu China New Risk • Apr 07
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 8.0% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Tillkännagivande • Mar 28
Guo Tai Epoint Software Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025 Guo Tai Epoint Software Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Feb 26
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.65 (up from CN¥0.59 in FY 2023). Revenue: CN¥2.14b (down 12% from FY 2023). Net income: CN¥213.1m (up 9.4% from FY 2023). Profit margin: 9.9% (up from 8.0% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.3%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥36.24, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 50x in the Software industry in China. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.17 per share. Tillkännagivande • Dec 27
Guo Tai Epoint Software Co.,Ltd to Report Fiscal Year 2024 Results on Apr 12, 2025 Guo Tai Epoint Software Co.,Ltd announced that they will report fiscal year 2024 results on Apr 12, 2025 Price Target Changed • Oct 27
Price target increased by 29% to CN¥37.05 Up from CN¥28.67, the current price target is an average from 3 analysts. New target price is 8.4% above last closing price of CN¥34.17. Stock is down 3.9% over the past year. The company is forecast to post earnings per share of CN¥0.74 for next year compared to CN¥0.59 last year. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.027 (vs CN¥0.013 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.027 (up from CN¥0.013 loss in 3Q 2023). Revenue: CN¥473.8m (up 1.6% from 3Q 2023). Net income: CN¥9.78m (up CN¥14.2m from 3Q 2023). Profit margin: 2.1% (up from net loss in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥37.69, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 37x in the Software industry in China. Total returns to shareholders of 9.0% over the past year. Tillkännagivande • Sep 30
Guo Tai Epoint Software Co.,Ltd to Report Q3, 2024 Results on Oct 26, 2024 Guo Tai Epoint Software Co.,Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 New Risk • Sep 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 7.7% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥25.39, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.65 per share. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.083 (vs CN¥0.006 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.083 (up from CN¥0.006 in 2Q 2023). Revenue: CN¥490.2m (down 13% from 2Q 2023). Net income: CN¥29.0m (up CN¥27.1m from 2Q 2023). Profit margin: 5.9% (up from 0.3% in 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Tillkännagivande • Jun 29
Guo Tai Epoint Software Co.,Ltd to Report First Half, 2024 Results on Aug 28, 2024 Guo Tai Epoint Software Co.,Ltd announced that they will report first half, 2024 results on Aug 28, 2024 Reported Earnings • Apr 27
First quarter 2024 earnings released: CN¥0.16 loss per share (vs CN¥0.26 loss in 1Q 2023) First quarter 2024 results: CN¥0.16 loss per share (improved from CN¥0.26 loss in 1Q 2023). Revenue: CN¥294.0m (down 15% from 1Q 2023). Net loss: CN¥52.6m (loss narrowed 39% from 1Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in China. Reported Earnings • Apr 15
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.59 (down from CN¥1.74 in FY 2022). Revenue: CN¥2.44b (down 14% from FY 2022). Net income: CN¥194.8m (down 66% from FY 2022). Profit margin: 8.0% (down from 20% in FY 2022). Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) also missed analyst estimates by 59%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in China. Major Estimate Revision • Apr 14
Consensus revenue estimates fall by 20% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.11b to CN¥2.48b. EPS estimate fell from CN¥1.85 to CN¥0.78 per share. Net income forecast to grow 34% next year vs 69% growth forecast for Software industry in China. Consensus price target down from CN¥49.52 to CN¥36.01. Share price fell 3.0% to CN¥21.82 over the past week. Tillkännagivande • Apr 12
Guo Tai Epoint Software Co.,Ltd, Annual General Meeting, May 16, 2024 Guo Tai Epoint Software Co.,Ltd, Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: Building E, East Area, No. 8, Jiangfan Road, Zhangjiagang, Jiangsu China Tillkännagivande • Mar 29
Guo Tai Epoint Software Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024 Guo Tai Epoint Software Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥22.68, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 29x in the Software industry in China. Total loss to shareholders of 62% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥10.48 per share. Reported Earnings • Feb 28
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.58 (down from CN¥1.74 in FY 2022). Revenue: CN¥2.44b (down 14% from FY 2022). Net income: CN¥191.2m (down 67% from FY 2022). Profit margin: 7.8% (down from 20% in FY 2022). Revenue missed analyst estimates by 7.9%. Earnings per share (EPS) also missed analyst estimates by 60%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Tillkännagivande • Feb 20
Guo Tai Epoint Software Co.,Ltd (SHSE:688232) announces an Equity Buyback for CNY 200 million worth of its shares. Guo Tai Epoint Software Co.,Ltd (SHSE:688232) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The repurchase price will not more than CNY 36 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥21.74, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 65% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.84 per share. Price Target Changed • Oct 29
Price target decreased by 17% to CN¥51.52 Down from CN¥61.83, the current price target is an average from 3 analysts. New target price is 45% above last closing price of CN¥35.55. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥1.67 for next year compared to CN¥1.74 last year. Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.013 loss per share (vs CN¥0.28 profit in 3Q 2022) Third quarter 2023 results: CN¥0.013 loss per share (down from CN¥0.28 profit in 3Q 2022). Revenue: CN¥466.2m (down 23% from 3Q 2022). Net loss: CN¥4.43m (down 105% from profit in 3Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Major Estimate Revision • Aug 31
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.47b to CN¥3.23b. EPS estimate also fell from CN¥2.20 per share to CN¥1.90 per share. Net income forecast to grow 77% next year vs 87% growth forecast for Software industry in China. Consensus price target down from CN¥81.87 to CN¥72.50. Share price rose 2.2% to CN¥42.13 over the past week. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.006 (vs CN¥0.37 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.006 (down from CN¥0.37 in 2Q 2022). Revenue: CN¥566.3m (down 14% from 2Q 2022). Net income: CN¥1.87m (down 99% from 2Q 2022). Profit margin: 0.3% (down from 18% in 2Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥60.98, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 46x in the Software industry in China. Total returns to shareholders of 61% over the past year. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥58.84, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 45x in the Software industry in China. Total returns to shareholders of 71% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥45.99 per share. Major Estimate Revision • Apr 19
Consensus revenue estimates fall by 17% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥4.20b to CN¥3.50b. EPS estimate fell from CN¥2.52 to CN¥2.25 per share. Net income forecast to grow 29% next year vs 64% growth forecast for Software industry in China. Consensus price target of CN¥74.54 unchanged from last update. Share price fell 4.6% to CN¥62.99 over the past week. Reported Earnings • Apr 13
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥1.75. Revenue: CN¥2.83b (up 1.1% from FY 2021). Net income: CN¥579.0m (up 15% from FY 2021). Profit margin: 21% (up from 18% in FY 2021). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 9.8%. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥62.77, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 42x in the Software industry in China. Total returns to shareholders of 55% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥46.62 per share. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: CN¥1.75 (vs CN¥1.98 in FY 2021) Full year 2022 results: EPS: CN¥1.75. Revenue: CN¥2.83b (up 1.1% from FY 2021). Net income: CN¥579.0m (up 15% from FY 2021). Profit margin: 21% (up from 18% in FY 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China. 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. 4 non-independent directors. Independent Director Hong Bin Zhou 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 • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥1.06 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.28 (down from CN¥1.06 in 3Q 2021). Revenue: CN¥603.7m (down 36% from 3Q 2021). Net income: CN¥93.4m (down 62% from 3Q 2021). Profit margin: 16% (down from 26% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥60.49, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 29x in the Software industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥60.89 per share. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.37 (vs CN¥0.01 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.37 (up from CN¥0.01 loss in 2Q 2021). Revenue: CN¥662.4m (up 73% from 2Q 2021). Net income: CN¥122.0m (up CN¥124.7m from 2Q 2021). Profit margin: 18% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 41%, compared to a 32% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥48.50, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 28x in the Software industry in China. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥41.60, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 24x in the Software industry in China. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: CN¥0.11 loss per share (down from CN¥0.015 profit in 1Q 2021). Revenue: CN¥332.2m (down 27% from 1Q 2021). Net loss: CN¥36.3m (down CN¥40.4m from profit in 1Q 2021). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 40%, compared to a 33% growth forecast for the industry in China. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.