Price Target Changed • Apr 09
Price target decreased by 12% to CN¥20.13 Down from CN¥22.78, the current price target is an average from 5 analysts. New target price is 27% above last closing price of CN¥15.86. Stock is up 36% over the past year. The company is forecast to post earnings per share of CN¥0.54 for next year compared to CN¥0.10 last year. Tillkännagivande • Mar 31
Longshine Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Longshine Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Reported Earnings • Mar 30
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.10 (up from CN¥0.23 loss in FY 2024). Revenue: CN¥4.52b (flat on FY 2024). Net income: CN¥105.0m (up CN¥355.2m from FY 2024). Profit margin: 2.3% (up from net loss in FY 2024). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 74%. Revenue is forecast to grow 20% 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, 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. Tillkännagivande • Mar 29
Longshine Technology Group Co., Ltd., Annual General Meeting, Apr 20, 2026 Longshine Technology Group Co., Ltd., Annual General Meeting, Apr 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China New Risk • Mar 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 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: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 188% Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Tillkännagivande • Dec 31
Longshine Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 30, 2026 Longshine Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 30, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.07 (down from CN¥0.11 in 3Q 2024). Revenue: CN¥903.7m (down 22% from 3Q 2024). Net income: CN¥77.1m (down 37% from 3Q 2024). Profit margin: 8.5% (down from 11% in 3Q 2024). Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 73%. Revenue is forecast to grow 22% 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, 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
Longshine Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Longshine Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.023 (vs CN¥0.052 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.023 (down from CN¥0.052 in 2Q 2024). Revenue: CN¥875.8m (flat on 2Q 2024). Net income: CN¥25.3m (down 55% from 2Q 2024). Profit margin: 2.9% (down from 6.4% in 2Q 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, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jul 02
Longshine Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Longshine Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Price Target Changed • Jul 01
Price target increased by 13% to CN¥18.39 Up from CN¥16.26, the current price target is an average from 6 analysts. New target price is 20% below last closing price of CN¥22.86. Stock is up 161% over the past year. The company is forecast to post earnings per share of CN¥0.40 next year compared to a net loss per share of CN¥0.23 last year. Declared Dividend • May 31
Dividend reduced to CN¥0.25 Dividend of CN¥0.25 is 11% lower than last year. Ex-date: 6th June 2025 Payment date: 6th June 2025 Dividend yield will be 1.5%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (128% cash payout ratio). The dividend has increased by an average of 33% per year over the past 7 years. However, payments have been volatile during that time. New Risk • May 29
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 9.6% 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: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 128% Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). Price Target Changed • May 24
Price target increased by 8.2% to CN¥15.93 Up from CN¥14.71, the current price target is an average from 6 analysts. New target price is 12% above last closing price of CN¥14.27. Stock is up 41% over the past year. The company is forecast to post earnings per share of CN¥0.43 next year compared to a net loss per share of CN¥0.23 last year. Tillkännagivande • May 22
Longshine Technology Group Co., Ltd Approves the Cash Dividend for 2024 Longshine Technology Group Co., Ltd. at its Annual General Meeting of 2024 held on 16 May 2025, approved the cash dividend (tax included) of CNY 2.50000000 per ten shares . Reported Earnings • Apr 24
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥0.23 loss per share (down from CN¥0.56 profit in FY 2023). Revenue: CN¥4.48b (down 5.2% from FY 2023). Net loss: CN¥250.3m (down 141% from profit in FY 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 20% 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 40% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Tillkännagivande • Apr 23
Longshine Technology Group Co., Ltd. Proposes Final Cash Dividend for 2024 Longshine Technology Group Co., Ltd. announced on 22 April 2025 the profit distribution proposal for 2024 as follows: Final cash dividend per 10 shares (tax included) of CNY 2.50000000. Tillkännagivande • Apr 22
Longshine Technology Group Co., Ltd., Annual General Meeting, May 16, 2025 Longshine Technology Group Co., Ltd., Annual General Meeting, May 16, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Wuxi, 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 8.4% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Tillkännagivande • Mar 31
Longshine Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Longshine Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥11.66, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 49x in the Software industry in China. Total loss to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥22.29 per share. Tillkännagivande • Dec 31
Longshine Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2025 Longshine Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2025 Price Target Changed • Dec 12
Price target increased by 9.2% to CN¥14.27 Up from CN¥13.08, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥14.24. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥0.52 for next year compared to CN¥0.56 last year. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥15.24, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 49x in the Software industry in China. Total loss to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.63 per share. Buy Or Sell Opportunity • Nov 01
Now 22% undervalued Over the last 90 days, the stock has risen 38% to CN¥11.51. The fair value is estimated to be CN¥14.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 22%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Reported Earnings • Oct 25
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.11 in 3Q 2023). Revenue: CN¥1.15b (up 5.4% from 3Q 2023). Net income: CN¥123.0m (up 3.8% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 46%. Revenue is forecast to grow 15% 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 22% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥11.42, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 37x in the Software industry in China. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.04 per share. Buy Or Sell Opportunity • Oct 11
Now 25% undervalued Over the last 90 days, the stock has risen 31% to CN¥11.24. The fair value is estimated to be CN¥14.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 21%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. New Risk • Sep 30
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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Sep 30
Longshine Technology Group Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Longshine Technology Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.08, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.00 per share. Major Estimate Revision • Sep 03
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.37b to CN¥5.04b. EPS estimate also fell from CN¥0.632 per share to CN¥0.532 per share. Net income forecast to grow 25% next year vs 59% growth forecast for Software industry in China. Consensus price target down from CN¥13.17 to CN¥12.65. Share price rose 11% to CN¥8.41 over the past week. Reported Earnings • Aug 29
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: CN¥0.052 (down from CN¥0.061 in 2Q 2023). Revenue: CN¥881.1m (up 3.0% from 2Q 2023). Net income: CN¥56.4m (down 15% from 2Q 2023). Profit margin: 6.4% (down from 7.8% in 2Q 2023). Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) exceeded analyst estimates. 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 21% per year whereas the company’s share price has fallen by 23% per year. Tillkännagivande • Jun 29
Longshine Technology Group Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Longshine Technology Group Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Tillkännagivande • Jun 25
Longshine Technology Group Co., Ltd. (SZSE:300682) announces an Equity Buyback for CNY 200 million worth of its shares. Longshine Technology Group Co., Ltd. (SZSE:300682) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 14 per share. The purpose of program is to safeguard the interests of the majority of investors and enhance investor confidence. The repurchased shares will be cancelled and the company's registered capital will be reduced. The program will be funded from company's own funds. The repurchase program is subject to shareholder's approval. The program will be valid for 6 months from the date on which the shareholders' meeting approves repurchase plan. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥10.53, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.59 per share. Price Target Changed • May 15
Price target decreased by 12% to CN¥15.02 Down from CN¥17.01, the current price target is an average from 9 analysts. New target price is 59% above last closing price of CN¥9.47. Stock is down 59% over the past year. The company is forecast to post earnings per share of CN¥0.56 for next year compared to CN¥0.56 last year. Major Estimate Revision • May 02
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.35b to CN¥5.22b. EPS estimate also fell from CN¥0.666 per share to CN¥0.563 per share. Net income forecast to grow 28% next year vs 56% growth forecast for Software industry in China. Consensus price target down from CN¥17.01 to CN¥16.19. Share price fell 7.5% to CN¥9.97 over the past week. Reported Earnings • Apr 26
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: CN¥0.018 loss per share (down from CN¥0.019 profit in 1Q 2023). Revenue: CN¥667.5m (up 2.3% from 1Q 2023). Net loss: CN¥19.2m (down 196% from profit in 1Q 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year. Major Estimate Revision • Apr 09
Consensus revenue estimates fall by 13% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥6.29b to CN¥5.49b. EPS estimate fell from CN¥0.90 to CN¥0.681 per share. Net income forecast to grow 23% next year vs 71% growth forecast for Software industry in China. Consensus price target down from CN¥18.92 to CN¥17.30. Share price fell 3.0% to CN¥11.51 over the past week. Price Target Changed • Apr 06
Price target decreased by 7.0% to CN¥17.59 Down from CN¥18.92, the current price target is an average from 9 analysts. New target price is 48% above last closing price of CN¥11.90. Stock is down 53% over the past year. The company is forecast to post earnings per share of CN¥0.70 for next year compared to CN¥0.56 last year. Tillkännagivande • Apr 05
Longshine Technology Group Co., Ltd. Proposes Final Cash Dividend for the Year 2023 Longshine Technology Group Co., Ltd. proposed final cash dividend of CNY 2.80 per 10 shares for the year 2023. Reported Earnings • Apr 04
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.56 (up from CN¥0.49 in FY 2022). Revenue: CN¥4.73b (up 3.9% from FY 2022). Net income: CN¥603.9m (up 17% from FY 2022). Profit margin: 13% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 17% 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. Tillkännagivande • Apr 03
Longshine Technology Group Co., Ltd., Annual General Meeting, Apr 23, 2024 Longshine Technology Group Co., Ltd., Annual General Meeting, Apr 23, 2024, at 15:00 China Standard Time. Location: 2F, No. 118, Jinghui East Road, Xinwu District, Wuxi, Jiangsu China Tillkännagivande • Mar 30
Longshine Technology Group Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Longshine Technology Group 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 15% After last week's 15% share price decline to CN¥11.54, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 29x in the Software industry in China. Total loss to shareholders of 25% over the past three years. Price Target Changed • Mar 05
Price target decreased by 8.3% to CN¥18.92 Down from CN¥20.63, the current price target is an average from 9 analysts. New target price is 47% above last closing price of CN¥12.88. Stock is down 51% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥0.49 last year. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥9.35, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 26x in the Software industry in China. Total loss to shareholders of 26% over the past three years. Price Target Changed • Jan 30
Price target decreased by 15% to CN¥21.29 Down from CN¥25.04, the current price target is an average from 9 analysts. New target price is 86% above last closing price of CN¥11.44. Stock is down 54% over the past year. The company is forecast to post earnings per share of CN¥0.70 for next year compared to CN¥0.49 last year. Tillkännagivande • Dec 29
Longshine Technology Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 03, 2024 Longshine Technology Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 03, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.093 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.093 in 3Q 2022). Revenue: CN¥1.09b (up 9.8% from 3Q 2022). Net income: CN¥118.5m (up 23% from 3Q 2022). Profit margin: 11% (up from 9.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 15% 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. Price Target Changed • Oct 15
Price target decreased by 7.0% to CN¥28.49 Down from CN¥30.64, the current price target is an average from 11 analysts. New target price is 51% above last closing price of CN¥18.85. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.80 for next year compared to CN¥0.49 last year. Tillkännagivande • Sep 02
Longshine Technology Group Co., Ltd. (SZSE:300682) commences an Equity Buyback for CNY 300 million worth of its shares, under the authorization approved on August 25, 2023. Longshine Technology Group Co., Ltd. (SZSE:300682) commences share repurchases on August 31, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on August 25, 2023. As per the mandate, the company is authorized to repurchase its own shares for a total of CNY 300 million. The shares will be purchased at a price not exceeding CNY 28 per share. The repurchased shares will be used for the cancellation of shares and decrease of registered capital. The program will be funded from company's own funds. The program will be valid for 6 months from the date of the shareholder's meeting. Reported Earnings • Aug 30
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: CN¥0.061 (down from CN¥0.13 in 2Q 2022). Revenue: CN¥855.5m (up 11% from 2Q 2022). Net income: CN¥66.3m (down 52% from 2Q 2022). Profit margin: 7.8% (down from 18% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Board Change • Aug 03
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 Lijie Yao was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 09
Longshine Technology Group Co., Ltd. Announces Final Dividend Implementation for A Shares for the Year 2022, Payable on 12 May 2023 Longshine Technology Group Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend of CNY 0.78000000 per ten shares (tax included). Record date: 11 May 2023. Ex-date: 12 May 2023. Payment date: 12 May 2023. Major Estimate Revision • Apr 04
Consensus revenue estimates decrease by 12% The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥6.49b to CN¥5.72b. EPS estimate unchanged from CN¥1.11 per share at last update. Software industry in China expected to see average net income growth of 67% next year. Consensus price target broadly unchanged at CN¥33.72. Share price fell 7.8% to CN¥26.20 over the past week. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥30.51, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 38x in the Software industry in China. Total returns to shareholders of 60% over the past three years. Major Estimate Revision • Feb 04
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2022 has deteriorated. 2022 revenue forecast decreased from CN¥5.56b to CN¥5.37b. EPS estimate also fell from CN¥0.987 per share to CN¥0.871 per share. Net income forecast to grow 24% next year vs 80% growth forecast for Software industry in China. Consensus price target broadly unchanged at CN¥33.71. Share price rose 6.9% to CN¥27.10 over the past week. Tillkännagivande • Dec 13
LongShine Technology Group Co., Ltd. Announces Board Appointment Longshine Technology Group Co., Ltd. held its 2nd Extraordinary General Meeting of 2022 on 09 December 2022 approved the appointment of Xu Changjun, Zhang Mingping and Zheng Xinbiao as non-independent directors. Lin Zhong and Yao Lijie as independent directors. Yu Hao and Li Xiao as non-employee supervisors. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Le Lin was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 25
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: CN¥0.093 (up from CN¥0.065 in 3Q 2021). Revenue: CN¥994.6m (up 14% from 3Q 2021). Net income: CN¥96.6m (up 46% from 3Q 2021). Profit margin: 9.7% (up from 7.6% in 3Q 2021). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings: EPS exceeds analyst expectations Second quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.068 in 2Q 2021). Revenue: CN¥767.9m (up 8.7% from 2Q 2021). Net income: CN¥139.3m (up 101% from 2Q 2021). Profit margin: 18% (up from 9.8% in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Over the next year, revenue is forecast to grow 31%, compared to a 33% growth forecast for the Software industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥28.92, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the Software industry in China. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥22.71 per share. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥27.60, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 25x in the Software industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.45 per share. Upcoming Dividend • Apr 29
Upcoming dividend of CN¥0.12 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 06 May 2022. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Chinese dividend payers (2.4%). Lower than average of industry peers (0.8%). Tillkännagivande • Apr 28
Longshine Technology Group Co.,Ltd. (SZSE:300682) announces an Equity Buyback for CNY 100 million worth of its shares. Longshine Technology Group Co.,Ltd. (SZSE:300682) 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 of CNY 35 per share. The repurchases will be funded out of the company's own funds. The stock repurchase will be used to implement the company's equity incentive plan or employee stock ownership plan. The program is valid for no more than 3 months from the date when the shareholders’ meeting approves the share repurchase plan. Tillkännagivande • Apr 27
Longshine Technology Group Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented (A Shares) for 2021, Payment Date Is 06 May 2022 Longshine Technology Group Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included) of CNY 1.19615400. Record date: 05 May 2022; Ex-date: 06 May 2022; and Payment date: 06 May 2022. Price Target Changed • Apr 27
Price target decreased to CN¥36.58 Down from CN¥39.42, the current price target is an average from 6 analysts. New target price is 77% above last closing price of CN¥20.64. Stock is up 26% over the past year. The company is forecast to post earnings per share of CN¥1.03 for next year compared to CN¥0.83 last year. Reported Earnings • Apr 27
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: CN¥0.049 (up from CN¥0.048 in 1Q 2021). Revenue: CN¥840.1m (up 40% from 1Q 2021). Net income: CN¥51.4m (up 4.7% from 1Q 2021). Profit margin: 6.1% (down from 8.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 25%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Board Change • Apr 27
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 Le Lin was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 19
Longshine Technology Group Co.,Ltd. Approves Final Cash Dividend for 2021 Longshine Technology Group Co.,Ltd. approved 2021 profit distribution plan with cash dividend (tax included) of CNY 1.20000000 per 10 shares in the Annual General Meeting of 2021 held on 15 April 2022. Tillkännagivande • Mar 31
Longshine Technology Group Co.,Ltd., Annual General Meeting, Apr 15, 2022 Longshine Technology Group Co.,Ltd., Annual General Meeting, Apr 15, 2022, at 15:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 financial statements and audit report; to consider 2021 annual report and its summary; to consider 2021 profit distribution plan; to consider 2021 remuneration and 2022 remuneration appraisal plan for directors and senior management; and to consider other matters. Tillkännagivande • Mar 29
Longshine Technology Group Co.,Ltd. Proposes Final Cash Dividend for the Year 2021 Longshine Technology Group Co.,Ltd. proposed final cash dividend/10 shares (tax included) of CNY 1.20000000 for the year 2021. Reported Earnings • Mar 28
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.83 (up from CN¥0.71 in FY 2020). Revenue: CN¥4.64b (up 37% from FY 2020). Net income: CN¥846.9m (up 20% from FY 2020). Profit margin: 18% (down from 21% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 21%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥28.97, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 30x in the Software industry in China. Total returns to shareholders of 240% over the past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥25.39, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 31x in the Software industry in China. Total returns to shareholders of 156% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.068 (vs CN¥0.11 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥706.6m (up 45% from 2Q 2020). Net income: CN¥69.2m (up 48% from 2Q 2020). Profit margin: 9.8% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 25% per year. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥21.01, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 34x in the Software industry in China. Total returns to shareholders of 119% over the past three years. Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥0.048 (vs CN¥0.039 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: CN¥600.7m (up 62% from 1Q 2020). Net income: CN¥49.1m (up 41% from 1Q 2020). Profit margin: 8.2% (down from 9.4% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.71 (vs CN¥1.19 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¥3.39b (up 14% from FY 2019). Net income: CN¥707.1m (down 31% from FY 2019). Profit margin: 21% (down from 34% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥15.32, the stock is trading at a trailing P/E ratio of 21.7x, up from the previous P/E ratio of 18x. This compares to an average P/E of 49x in the Software industry in China. Total return to shareholders over the past year is a loss of 29%. Tillkännagivande • Feb 24
Longshine Technology Group Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Longshine Technology Group Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021