Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥6.90, the stock trades at a trailing P/E ratio of 78.6x. Average trailing P/E is 88x in the Software industry in China. Total returns to shareholders of 5.5% over the past three years. Board Change • Jul 25
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 Keshi Zhu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 01
Beijing Join-Cheer Software Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Beijing Join-Cheer Software Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Reported Earnings • Apr 25
Full year 2025 earnings released: EPS: CN¥0.053 (vs CN¥0.18 loss in FY 2024) Full year 2025 results: EPS: CN¥0.053 (up from CN¥0.18 loss in FY 2024). Revenue: CN¥2.59b (down 36% from FY 2024). Net income: CN¥44.7m (up CN¥200.3m from FY 2024). Profit margin: 1.7% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Tillkännagivande • Apr 25
Beijing Join-Cheer Software Co., Ltd., Annual General Meeting, May 20, 2026 Beijing Join-Cheer Software Co., Ltd., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Tillkännagivande • Mar 31
Beijing Join-Cheer Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Beijing Join-Cheer Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Tillkännagivande • Dec 31
Beijing Join-Cheer Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Beijing Join-Cheer Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 New Risk • Nov 26
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 7.6% 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 (7.6% average weekly change). Large one-off items impacting financial results. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.054 (vs CN¥0.09 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.054 (up from CN¥0.09 loss in 3Q 2024). Revenue: CN¥733.6m (down 24% from 3Q 2024). Net income: CN¥46.6m (up CN¥124.7m from 3Q 2024). Profit margin: 6.3% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Tillkännagivande • Sep 30
Beijing Join-Cheer Software Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Beijing Join-Cheer Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Jul 10
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 6.8% 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 48% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Tillkännagivande • Jul 02
Beijing Join-Cheer Software Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Beijing Join-Cheer Software Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Reported Earnings • Apr 25
Full year 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.16 loss in FY 2023) Full year 2024 results: CN¥0.18 loss per share (further deteriorated from CN¥0.16 loss in FY 2023). Revenue: CN¥4.04b (up 18% from FY 2023). Net loss: CN¥155.6m (loss widened 9.4% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Tillkännagivande • Apr 25
Beijing Join-Cheer Software Co., Ltd., Annual General Meeting, May 20, 2025 Beijing Join-Cheer Software Co., Ltd., Annual General Meeting, May 20, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Tillkännagivande • Mar 31
Beijing Join-Cheer Software Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Beijing Join-Cheer Software Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Jan 10
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 9.3% 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. This is currently the only risk that has been identified for the company. Tillkännagivande • Dec 31
Beijing Join-Cheer Software Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Beijing Join-Cheer Software Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.09 loss per share (vs CN¥0.014 loss in 3Q 2023) Third quarter 2024 results: CN¥0.09 loss per share (further deteriorated from CN¥0.014 loss in 3Q 2023). Revenue: CN¥967.0m (up 27% from 3Q 2023). Net loss: CN¥78.1m (loss widened CN¥65.8m from 3Q 2023). 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 16% per year, which means it is well ahead of earnings. Tillkännagivande • Sep 30
Beijing Join-Cheer Software Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Beijing Join-Cheer Software Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.036 loss per share (vs CN¥0.016 profit in 2Q 2023) Second quarter 2024 results: CN¥0.036 loss per share (down from CN¥0.016 profit in 2Q 2023). Revenue: CN¥1.03b (up 54% from 2Q 2023). Net loss: CN¥30.9m (down 327% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. New Risk • Jul 18
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. This is currently the only risk that has been identified for the company. Tillkännagivande • Jun 29
Beijing Join-Cheer Software Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Beijing Join-Cheer Software Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Tillkännagivande • Apr 28
Beijing Join-Cheer Software Co., Ltd., Annual General Meeting, May 21, 2024 Beijing Join-Cheer Software Co., Ltd., Annual General Meeting, May 21, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Agenda: To approve 2023 work report of the board of directors; to approve 2023 work report of the supervisory committee; to approve 2023 profit distribution plan; to approve 2023 remuneration results for non-independent directors, supervisors and senior management and 2024 remuneration plan; to approve Unrecovered losses account for one third of the paid-in capital; and to consider and approve other matters of business. Reported Earnings • Apr 26
Full year 2023 earnings released: CN¥0.16 loss per share (vs CN¥0.071 profit in FY 2022) Full year 2023 results: CN¥0.16 loss per share (down from CN¥0.071 profit in FY 2022). Revenue: CN¥3.41b (up 18% from FY 2022). Net loss: CN¥142.2m (down 376% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Tillkännagivande • Mar 30
Beijing Join-Cheer Software Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Beijing Join-Cheer Software Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥4.16, the stock trades at a trailing P/E ratio of 78.8x. Average trailing P/E is 58x in the Software industry in China. Total loss to shareholders of 4.4% over the past three years. Tillkännagivande • Jan 12
Beijing Join-Cheer Software Co., Ltd. (SZSE:002279) announces an Equity Buyback for CNY 100 million worth of its shares. Beijing Join-Cheer Software Co., Ltd. (SZSE:002279) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 8 per share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The authorization will be valid for a period of 12 months. Tillkännagivande • Dec 30
Beijing Join-Cheer Software Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Beijing Join-Cheer Software Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.014 loss per share (vs CN¥0.064 loss in 3Q 2022) Third quarter 2023 results: CN¥0.014 loss per share (improved from CN¥0.064 loss in 3Q 2022). Revenue: CN¥763.7m (up 28% from 3Q 2022). Net loss: CN¥12.3m (loss narrowed 73% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Tillkännagivande • Sep 30
Beijing Join-Cheer Software Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Beijing Join-Cheer Software Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.007 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.016 (up from CN¥0.007 loss in 2Q 2022). Revenue: CN¥673.6m (up 11% from 2Q 2022). Net income: CN¥13.6m (up CN¥18.4m from 2Q 2022). Profit margin: 2.0% (up from net loss in 2Q 2022). 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 2% per year, which means it is well ahead of earnings. New Risk • Aug 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 6.6% 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 (6.6% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.095 loss per share (vs CN¥0.035 loss in 1Q 2022) First quarter 2023 results: CN¥0.095 loss per share (further deteriorated from CN¥0.035 loss in 1Q 2022). Revenue: CN¥415.7m (down 29% from 1Q 2022). Net loss: CN¥81.9m (loss widened 229% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Board Change • Nov 16
High number of new directors Independent Director Yong Wang was the last director to join the board, commencing their role in 2022. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.064 loss per share (vs CN¥0.041 loss in 3Q 2021) Third quarter 2022 results: CN¥0.064 loss per share (further deteriorated from CN¥0.041 loss in 3Q 2021). Revenue: CN¥595.2m (down 17% from 3Q 2021). Net loss: CN¥45.2m (loss widened 56% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Tillkännagivande • Oct 15
Beijing Join-Cheer Software Co., Ltd. Announces Board Appointments Beijing Join-Cheer Software Co., Ltd. at its 2nd Extraordinary General Meeting of 2022 on 12 October 2022, approved election of non-independent directors, cumulative voting system applicable: Zhao Fujun and Dang Yi. Election of independent directors, cumulative voting system applicable: Wang Yong. Election of non-employee supervisors, cumulative voting system applicable: Wang Jinyan. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.007 loss per share (vs CN¥0.059 loss in 2Q 2021) Second quarter 2022 results: CN¥0.007 loss per share (up from CN¥0.059 loss in 2Q 2021). Revenue: CN¥608.3m (up 19% from 2Q 2021). Net loss: CN¥4.75m (loss narrowed 89% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CN¥0.18 loss per share (down from CN¥0.10 profit in FY 2020). Revenue: CN¥2.71b (down 4.0% from FY 2020). Net loss: CN¥131.7m (down 284% from profit in FY 2020). Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Yi Dang 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. Board Change • Jan 02
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Yi Dang 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 27
Third quarter 2021 earnings released: CN¥0.041 loss per share (vs CN¥0.027 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥715.2m (up 16% from 3Q 2020). Net loss: CN¥28.9m (loss widened 48% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: CN¥0.059 loss per share (vs CN¥0.054 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CN¥510.7m (down 34% from 2Q 2020). Net loss: CN¥42.1m (loss widened 9.9% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥5.85, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 52x in the Software industry in China. Total loss to shareholders of 43% over the past three years. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥5.21, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 48x in the Software industry in China. Total loss to shareholders of 53% over the past three years. Reported Earnings • Apr 18
Full year 2020 earnings released: EPS CN¥0.10 (vs CN¥0.074 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥2.82b (down 9.0% from FY 2019). Net income: CN¥71.6m (up 37% from FY 2019). Profit margin: 2.5% (up from 1.7% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Mar 09
Beijing Join-Cheer Software Co., Ltd. to Report Fiscal Year 2020 Results on Apr 17, 2021 Beijing Join-Cheer Software Co., Ltd. announced that they will report fiscal year 2020 results on Apr 17, 2021 Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.093 (vs CN¥0.074 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥2.82b (down 9.0% from FY 2019). Net income: CN¥66.2m (up 27% from FY 2019). Profit margin: 2.3% (up from 1.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥4.10 The company is down 25% from its price of CN¥5.45 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 2.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥4.12 The company is down 32% from its price of CN¥6.06 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 6.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥4.42 The company is down 28% from its price of CN¥6.13 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥5.21 The company is down 19% from its price of CN¥6.47 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 4.0% over the same period. Reported Earnings • Nov 04
Third quarter 2020 earnings released: CN¥0.028 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: CN¥618.5m (down 18% from 3Q 2019). Net loss: CN¥19.6m (down 122% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥5.87 The company is down 19% from its price of CN¥7.25 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 Software industry, which is down 8.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day low: CN¥6.11 The company is down 16% from its price of CN¥7.24 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period. Tillkännagivande • Aug 11
Beijing Join-Cheer Software Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Beijing Join-Cheer Software Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020