Tillkännagivande • Apr 29
Zhejiang Heda Technology Co., Ltd., Annual General Meeting, May 19, 2026 Zhejiang Heda Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jiaxing, Zhejiang China Reported Earnings • Apr 17
Full year 2025 earnings released: CN¥0.65 loss per share (vs CN¥0.05 loss in FY 2024) Full year 2025 results: CN¥0.65 loss per share (further deteriorated from CN¥0.05 loss in FY 2024). Revenue: CN¥307.4m (down 36% from FY 2024). Net loss: CN¥69.7m (loss widened CN¥64.1m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Tillkännagivande • Mar 30
Zhejiang Heda Technology Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Zhejiang Heda Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Tillkännagivande • Dec 26
Zhejiang Heda Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Zhejiang Heda Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Reported Earnings • Nov 03
Third quarter 2025 earnings released: CN¥0.18 loss per share (vs CN¥0.045 profit in 3Q 2024) Third quarter 2025 results: CN¥0.18 loss per share (down from CN¥0.045 profit in 3Q 2024). Revenue: CN¥70.3m (down 32% from 3Q 2024). Net loss: CN¥18.8m (down 362% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Tillkännagivande • Sep 30
Zhejiang Heda Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Zhejiang Heda Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Sep 02
Second quarter 2025 earnings released: CN¥0.029 loss per share (vs CN¥0.027 loss in 2Q 2024) Second quarter 2025 results: CN¥0.029 loss per share. Revenue: CN¥86.3m (down 26% from 2Q 2024). Net loss: CN¥3.16m (loss narrowed 13% from 2Q 2024). Tillkännagivande • Jun 30
Zhejiang Heda Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Zhejiang Heda Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Tillkännagivande • Apr 17
Zhejiang Heda Technology Co., Ltd. (SHSE:688296) announces an Equity Buyback for CNY 40 million worth of its shares. Zhejiang Heda Technology Co., Ltd. (SHSE:688296) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its class A common stock. The shares will be repurchased at a price of CNY 19.68 per share. The shares repurchased will be used for equity incentive or ESOP. The program will be valid for 12 months. Tillkännagivande • Apr 16
Zhejiang Heda Technology Co., Ltd., Annual General Meeting, May 09, 2025 Zhejiang Heda Technology Co., Ltd., Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jiaxing, Zhejiang 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 7.8% 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 45% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Tillkännagivande • Mar 28
Zhejiang Heda Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Zhejiang Heda Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Reported Earnings • Mar 02
Full year 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.27 loss in FY 2023) Full year 2024 results: EPS: CN¥0.05 (up from CN¥0.27 loss in FY 2023). Revenue: CN¥486.2m (up 42% from FY 2023). Net income: CN¥5.29m (up CN¥34.8m from FY 2023). Profit margin: 1.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Tillkännagivande • Dec 27
Zhejiang Heda Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 16, 2025 Zhejiang Heda Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 16, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.045 (vs CN¥0.12 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.045 (up from CN¥0.12 loss in 3Q 2023). Revenue: CN¥103.5m (up 61% from 3Q 2023). Net income: CN¥7.16m (up CN¥18.7m from 3Q 2023). Profit margin: 6.9% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Tillkännagivande • Sep 30
Zhejiang Heda Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Zhejiang Heda Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.027 loss per share (vs CN¥0.012 loss in 2Q 2023) Second quarter 2024 results: CN¥0.027 loss per share (further deteriorated from CN¥0.012 loss in 2Q 2023). Revenue: CN¥116.1m (up 76% from 2Q 2023). Net loss: CN¥3.64m (loss widened 142% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jun 28
Zhejiang Heda Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Zhejiang Heda Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Reported Earnings • Apr 30
First quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.04 loss in 1Q 2023) First quarter 2024 results: CN¥0.01 loss per share (improved from CN¥0.04 loss in 1Q 2023). Revenue: CN¥78.4m (up 9.6% from 1Q 2023). Net loss: CN¥941.2k (loss narrowed 78% from 1Q 2023). Buy Or Sell Opportunity • Apr 24
Now 22% overvalued Over the last 90 days, the stock has fallen 34% to CN¥9.57. The fair value is estimated to be CN¥7.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 14
Full year 2023 earnings released: CN¥0.27 loss per share (vs CN¥0.48 profit in FY 2022) Full year 2023 results: CN¥0.27 loss per share (down from CN¥0.48 profit in FY 2022). Revenue: CN¥343.1m (down 27% from FY 2022). Net loss: CN¥29.5m (down 157% from profit in FY 2022). Tillkännagivande • Apr 12
Zhejiang Heda Technology Co., Ltd., Annual General Meeting, May 09, 2024 Zhejiang Heda Technology Co., Ltd., Annual General Meeting, May 09, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jiaxing, Zhejiang China Tillkännagivande • Mar 29
Zhejiang Heda Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Zhejiang Heda Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Reported Earnings • Feb 29
Full year 2023 earnings released: CN¥0.25 loss per share (vs CN¥0.48 profit in FY 2022) Full year 2023 results: CN¥0.25 loss per share (down from CN¥0.48 profit in FY 2022). Revenue: CN¥342.9m (down 27% from FY 2022). Net loss: CN¥27.1m (down 152% from profit in FY 2022). New Risk • Jan 22
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 6.1% 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. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change). New Risk • Nov 13
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 6.4% 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. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change). Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.12 loss per share (vs CN¥0.19 profit in 3Q 2022) Third quarter 2023 results: CN¥0.12 loss per share (down from CN¥0.19 profit in 3Q 2022). Revenue: CN¥64.1m (down 54% from 3Q 2022). Net loss: CN¥11.5m (down 157% from profit in 3Q 2022). New Risk • Oct 06
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 6.0% 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 (6.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin). Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.012 loss per share (vs CN¥0.28 profit in 2Q 2022) Second quarter 2023 results: CN¥0.012 loss per share (down from CN¥0.28 profit in 2Q 2022). Revenue: CN¥65.9m (down 49% from 2Q 2022). Net loss: CN¥1.50m (down 105% from profit in 2Q 2022). Tillkännagivande • Jun 28
Zhejiang Heda Technology Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Zhejiang Heda Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥18.15, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 90x in the Software industry in China. Total loss to shareholders of 31% over the past year. Reported Earnings • Apr 14
Full year 2022 earnings released: EPS: CN¥0.53 (vs CN¥1.09 in FY 2021) Full year 2022 results: EPS: CN¥0.53 (down from CN¥1.09 in FY 2021). Revenue: CN¥483.2m (down 4.7% from FY 2021). Net income: CN¥56.5m (down 44% from FY 2021). Profit margin: 12% (down from 20% in FY 2021). The decrease in margin was primarily driven by higher expenses. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: CN¥0.53 (vs CN¥1.09 in FY 2021) Full year 2022 results: EPS: CN¥0.53 (down from CN¥1.09 in FY 2021). Revenue: CN¥483.2m (down 4.7% from FY 2021). Net income: CN¥56.5m (down 44% from FY 2021). Profit margin: 12% (down from 20% in FY 2021). The decrease in margin was primarily driven by higher expenses. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥26.32, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 72x in the Software industry in China. Total loss to shareholders of 42% over the past year. Board Change • Nov 16
Less than half of directors are independent There are 12 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 12 new directors. No experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Employee Representative Supervisor Hua Shao is the most experienced director on the board, commencing their role in 2020. Independent Director Xiaolong Li was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.26 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.26 in 3Q 2021). Revenue: CN¥139.1m (up 29% from 3Q 2021). Net income: CN¥20.1m (down 18% from 3Q 2021). Profit margin: 14% (down from 23% in 3Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥21.57, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 55x in the Software industry in China. Total loss to shareholders of 53% over the past year. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.35 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.28. Revenue: CN¥128.8m (flat on 2Q 2021). Net income: CN¥29.2m (up 6.2% from 2Q 2021). Profit margin: 23% (up from 21% in 2Q 2021). Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥27.45, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 50x in the Software industry in China. Reported Earnings • Apr 27
First quarter 2022 earnings released: CN¥0.02 loss per share (vs CN¥0.07 loss in 1Q 2021) First quarter 2022 results: CN¥0.02 loss per share (up from CN¥0.07 loss in 1Q 2021). Revenue: CN¥65.9m (up 55% from 1Q 2021). Net loss: CN¥2.21m (loss narrowed 62% from 1Q 2021). Reported Earnings • Apr 14
Full year 2021 earnings released: EPS: CN¥1.14 (vs CN¥0.94 in FY 2020) Full year 2021 results: EPS: CN¥1.14 (up from CN¥0.94 in FY 2020). Revenue: CN¥503.0m (up 38% from FY 2020). Net income: CN¥104.3m (up 38% from FY 2020). Profit margin: 21% (in line with FY 2020). Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥1.14 (up from CN¥0.94 in FY 2020). Revenue: CN¥503.0m (up 38% from FY 2020). Net income: CN¥104.3m (up 38% from FY 2020). Profit margin: 21% (in line with FY 2020). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥46.18, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 38x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥55.22, the stock trades at a trailing P/E ratio of 54.8x. Average trailing P/E is 38x in the Electronic industry in China.