Board Change • 10h
Less than half of directors are independent There are 10 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: 10 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). Director Pingbo Ni is the most experienced director on the board, commencing their role in 2020. Independent Director Zhen Yu was the last independent director to join the board, commencing their role in 2023. 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. Tillkännagivande • Mar 30
State Grid Information & Communication Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 State Grid Information & Communication Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Tillkännagivande • Dec 26
State Grid Information & Communication Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 State Grid Information & Communication Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 Tillkännagivande • Sep 30
State Grid Information & Communication Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 State Grid Information & Communication Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Tillkännagivande • Jun 30
State Grid Information & Communication Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 State Grid Information & Communication Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Tillkännagivande • May 21
State Grid Information & Communication Co., Ltd., Annual General Meeting, Jun 11, 2025 State Grid Information & Communication Co., Ltd., Annual General Meeting, Jun 11, 2025, at 10:00 China Standard Time. Location: No. 42, Xiasha Hepu, Chengdu, Sichuan China Tillkännagivande • Mar 28
State Grid Information & Communication Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 State Grid Information & Communication Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Tillkännagivande • Dec 27
State Grid Information & Communication Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 State Grid Information & Communication Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Tillkännagivande • Dec 12
State Grid Information & Communication Co., Ltd. (SHSE:600131) signed a letter of intent to acquire State Grid ICT Yili Technology Co., Ltd. from State Grid Information &Telecommunication Group Co.,Ltd. State Grid Information & Communication Co., Ltd. (SHSE:600131) signed a letter of intent to acquire State Grid ICT Yili Technology Co., Ltd. from State Grid Information &Telecommunication Group Co.,Ltd. on December 9, 2024.
The transaction is subject to consummation of due diligence investigation and definitive agreement. Buy Or Sell Opportunity • Nov 07
Now 21% undervalued Over the last 90 days, the stock has risen 35% to CN¥23.05. The fair value is estimated to be CN¥29.08, 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 grown by 5.8%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥22.85, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 30x in the IT industry in China. Total returns to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.14 per share. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.058 (vs CN¥0.072 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.058 (down from CN¥0.072 in 3Q 2023). Revenue: CN¥1.06b (down 4.4% from 3Q 2023). Net income: CN¥65.5m (down 29% from 3Q 2023). Profit margin: 6.2% (down from 8.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥19.70, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 24x in the IT industry in China. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.18 per share. Tillkännagivande • Sep 30
State Grid Information & Communication Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 State Grid Information & Communication Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.15 in 2Q 2023). Revenue: CN¥1.66b (up 11% from 2Q 2023). Net income: CN¥220.3m (up 24% from 2Q 2023). Profit margin: 13% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • Jul 23
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.15 in 2Q 2023). Revenue: CN¥1.66b (up 11% from 2Q 2023). Net income: CN¥220.3m (up 24% from 2Q 2023). Profit margin: 13% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Buy Or Sell Opportunity • Jul 01
Now 36% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to CN¥16.61. The fair value is estimated to be CN¥25.95, 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 grown by 8.2%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥17.24, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the IT industry in China. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.23 per share. Buy Or Sell Opportunity • Jun 20
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.3% to CN¥18.44. The fair value is estimated to be CN¥24.23, 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 grown by 8.2%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Buy Or Sell Opportunity • Jun 05
Now 21% undervalued Over the last 90 days, the stock has risen 2.3% to CN¥19.13. The fair value is estimated to be CN¥24.30, 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 grown by 8.2%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Tillkännagivande • May 29
State Grid Information & Communication Co., Ltd., Annual General Meeting, Jun 18, 2024 State Grid Information & Communication Co., Ltd., Annual General Meeting, Jun 18, 2024, at 10:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.06 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.06 in 1Q 2023). Revenue: CN¥1.02b (down 23% from 1Q 2023). Net income: CN¥12.1m (down 83% from 1Q 2023). Profit margin: 1.2% (down from 5.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year. Tillkännagivande • Mar 29
State Grid Information & Communication Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 State Grid Information & Communication Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥16.01, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the IT industry in China. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.28 per share. Reported Earnings • Jan 18
Full year 2023 earnings released: EPS: CN¥0.70 (vs CN¥0.67 in FY 2022) Full year 2023 results: EPS: CN¥0.70 (up from CN¥0.67 in FY 2022). Revenue: CN¥8.04b (up 5.6% from FY 2022). Net income: CN¥836.0m (up 4.3% from FY 2022). Profit margin: 10% (in line with FY 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Sep 30
State Grid Information & Communication Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 State Grid Information & Communication Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.15 (in line with 2Q 2022). Revenue: CN¥1.50b (down 14% from 2Q 2022). Net income: CN¥177.6m (down 2.3% from 2Q 2022). Profit margin: 12% (up from 10% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 24
Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.17. Revenue: CN¥1.50b (down 14% from 2Q 2022). Net income: CN¥139.6m (down 23% from 2Q 2022). Profit margin: 9.3% (down from 10% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the IT industry in China. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.04 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.06 (up from CN¥0.04 in 1Q 2022). Revenue: CN¥1.32b (up 10% from 1Q 2022). Net income: CN¥72.1m (up 47% from 1Q 2022). Profit margin: 5.5% (up from 4.1% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 21% growth forecast for the IT industry in China. Reported Earnings • Jan 20
Full year 2022 earnings released: EPS: CN¥0.67 (vs CN¥0.57 in FY 2021) Full year 2022 results: EPS: CN¥0.67 (up from CN¥0.57 in FY 2021). Revenue: CN¥7.62b (up 2.0% from FY 2021). Net income: CN¥800.7m (up 18% from FY 2021). Profit margin: 11% (up from 9.1% in FY 2021). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 20% growth forecast for the IT industry in China. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.13 in 3Q 2021). Revenue: CN¥1.69b (up 21% from 3Q 2021). Net income: CN¥188.2m (up 22% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 21% growth forecast for the IT industry in China. Buying Opportunity • Sep 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.4%. The fair value is estimated to be CN¥16.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last year. Earnings per share has grown by 7.0%. Revenue is forecast to grow by 23% in a year. Earnings is forecast to grow by 28% in the next year. Reported Earnings • Jul 23
Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.13 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.13 in 2Q 2021). Revenue: CN¥1.75b (down 3.5% from 2Q 2021). Net income: CN¥181.8m (up 4.8% from 2Q 2021). Profit margin: 10% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 28%, compared to a 24% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥17.50, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the IT industry in China. Total returns to shareholders of 38% over the past year. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.04 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.04 (vs CN¥0.04 in 1Q 2021). Revenue: CN¥1.20b (up 12% from 1Q 2021). Net income: CN¥49.1m (up 12% from 1Q 2021). Profit margin: 4.1% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 19%, compared to a 24% growth forecast for the industry in China. Reported Earnings • Jan 29
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥0.51 (down from CN¥0.52 in FY 2020). Revenue: CN¥7.47b (up 6.5% from FY 2020). Net income: CN¥677.1m (up 12% from FY 2020). Profit margin: 9.1% (up from 8.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.7%. Over the next year, revenue is forecast to grow 25%, compared to a 13% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥20.81, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 19x in the Renewable Energy industry in China. Total returns to shareholders of 37% over the past year. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.11 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥1.39b (down 8.2% from 3Q 2020). Net income: CN¥153.9m (up 24% from 3Q 2020). Profit margin: 11% (up from 8.2% in 3Q 2020). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥15.90, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Renewable Energy industry in China. Total loss to shareholders of 17% over the past year. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.11 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.81b (up 2.7% from 2Q 2020). Net income: CN¥173.4m (up 38% from 2Q 2020). Profit margin: 9.6% (up from 7.1% in 2Q 2020). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥13.73, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Renewable Energy industry in China. Total loss to shareholders of 37% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.56 per share. Reported Earnings • Jul 18
Second quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.11 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.81b (up 2.7% from 2Q 2020). Net income: CN¥173.4m (up 38% from 2Q 2020). Profit margin: 9.6% (up from 7.1% in 2Q 2020). Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.038 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¥1.07b (up 14% from 1Q 2020). Net income: CN¥43.8m (up 4.5% from 1Q 2020). Profit margin: 4.1% (down from 4.5% in 1Q 2020). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥13.26 The company is down 29% from its price of CN¥18.73 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥10.98 per share. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥14.22, the stock is trading at a trailing P/E ratio of 35.7x, down from the previous P/E ratio of 44.4x. This compares to an average P/E of 17x in the Renewable Energy industry in China. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥15.43 The company is down 21% from its price of CN¥19.42 on 18 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥13.34 per share.