Declared Dividend • Jun 01
Dividend of CN¥0.50 announced Dividend of CN¥0.50 is the same as last year. Ex-date: 4th June 2026 Payment date: 4th June 2026 Dividend yield will be 1.5%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 2 years but payments have been stable during that time. EPS is expected to grow by 174% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Apr 29
Shanghai Longcheer Technology Co., Ltd. (SHSE:603341) announces an Equity Buyback for CNY 500 million worth of its shares. Shanghai Longcheer Technology Co., Ltd. (SHSE:603341) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million. The repurchase price will not be more than CNY 57.72 per share. The program will be funded via own funds and self-raised funds. Shares repurchased will be used for employee stock ownership plans or equity incentives. If the company fails to use up the repurchased shares within 36 months after the completion of the share repurchase, the unused repurchased shares will be cancelled. The program will be valid for 12 months. Tillkännagivande • Apr 17
Shanghai Longcheer Technology Co., Ltd., Annual General Meeting, May 08, 2026 Shanghai Longcheer Technology Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China Reported Earnings • Apr 04
Full year 2025 earnings released: EPS: CN¥1.27 (vs CN¥1.10 in FY 2024) Full year 2025 results: EPS: CN¥1.27 (up from CN¥1.10 in FY 2024). Revenue: CN¥42.1b (down 9.2% from FY 2024). Net income: CN¥585.1m (up 17% from FY 2024). Profit margin: 1.4% (up from 1.1% in FY 2024). The increase in margin was driven by lower expenses. Tillkännagivande • Mar 30
Shanghai Longcheer Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shanghai Longcheer Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Tillkännagivande • Jan 27
Shanghai Longcheer Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 1.404 billion. Shanghai Longcheer Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 1.404 billion.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 27,000,000
Price\Range: HKD 52
Discount Per Security: HKD 0.13
Transaction Features: Subsequent Direct Listing Tillkännagivande • Jan 20
Shanghai Longcheer Technology Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 1.620032 billion. Shanghai Longcheer Technology Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 1.620032 billion.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 5,226,000
Price\Range: HKD 31
Discount Per Security: HKD 0.682
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 32,832,200
Price\Range: HKD 31
Discount Per Security: HKD 0.682
Security Name: H Share
Security Type: Common Stock
Securities Offered: 14,200,900
Price\Range: HKD 31
Discount Per Security: HKD 0.682
Transaction Features: New Market Listing; Regulation S; Reserved Share Offering; Rule 144A; Sponsor Backed Offering Tillkännagivande • Jan 14
Shanghai Longcheer Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 1.620032 billion. Shanghai Longcheer Technology Co., Ltd. has filed a Follow-on Equity Offering in the amount of HKD 1.620032 billion.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 5,226,000
Price(maximum): HKD 31
Discount Per Security: HKD 0.682
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 32,832,200
Price(maximum): HKD 31
Discount Per Security: HKD 0.682
Security Name: H Share
Security Type: Common Stock
Securities Offered: 14,200,900
Price(maximum): HKD 31
Discount Per Security: HKD 0.682
Transaction Features: New Market Listing; Regulation S; Reserved Share Offering; Rule 144A; Sponsor Backed Offering Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥48.66, the stock trades at a trailing P/E ratio of 39x. Average forward P/E is 32x in the Tech industry in China. Total returns to shareholders of 21% over the past year. Tillkännagivande • Dec 26
Shanghai Longcheer Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Shanghai Longcheer Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥46.00, the stock trades at a trailing P/E ratio of 36.8x. Average forward P/E is 28x in the Tech industry in China. Negligible returns to shareholders over past year. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.20 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.33 (up from CN¥0.20 in 3Q 2024). Revenue: CN¥11.4b (down 9.6% from 3Q 2024). Net income: CN¥151.7m (up 65% from 3Q 2024). Profit margin: 1.3% (up from 0.7% in 3Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Tech industry in China. Tillkännagivande • Sep 30
Shanghai Longcheer Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shanghai Longcheer Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Tillkännagivande • Jun 30
Shanghai Longcheer Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Shanghai Longcheer Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • Jun 06
Dividend of CN¥0.50 announced Dividend of CN¥0.50 is the same as last year. Ex-date: 10th June 2025 Payment date: 10th June 2025 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (72% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 6.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • May 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 not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shen Jianxin was the last independent director to join the board, commencing their role in 2022. 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 • Apr 26
Third quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.43 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.43 in 3Q 2023). Revenue: CN¥12.6b (up 93% from 3Q 2023). Net income: CN¥92.2m (down 47% from 3Q 2023). Profit margin: 0.7% (down from 2.6% in 3Q 2023). Tillkännagivande • Apr 25
Shanghai Longcheer Technology Co., Ltd., Annual General Meeting, May 15, 2025 Shanghai Longcheer Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: Building 1, No. 401, Caobao Road, Xuhui District, Shanghai China Tillkännagivande • Apr 10
Shanghai Longcheer Technology Co., Ltd. (SHSE:603341) announces an Equity Buyback for CNY 500 million worth of its shares. Shanghai Longcheer Technology Co., Ltd. (SHSE:603341) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million. The repurchase price will not be more than CNY 50 per share. The program will be funded via own funds and self-raised funds. Shares repurchased will be used for employee stock ownership plans or equity incentives. If the company fails to use up the repurchased shares within 36 months after the completion of the share repurchase, the unused repurchased shares will be cancelled. The program will be valid for 12 months. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥34.46, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 57x in the Tech industry in China. Total loss to shareholders of 30% over the past year. Tillkännagivande • Mar 28
Shanghai Longcheer Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shanghai Longcheer Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥44.88, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 58x in the Tech industry in China. Total loss to shareholders of 19% over the past year. New Risk • Jan 14
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 9.2% 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 (9.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin). Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥43.69, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 57x in the Tech industry in China. Tillkännagivande • Dec 27
Shanghai Longcheer Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Shanghai Longcheer Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥48.43, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 63x in the Tech industry in China. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.43 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.43 in 3Q 2023). Revenue: CN¥12.6b (up 93% from 3Q 2023). Net income: CN¥92.2m (down 47% from 3Q 2023). Profit margin: 0.7% (down from 2.6% in 3Q 2023). Tillkännagivande • Sep 30
Shanghai Longcheer Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shanghai Longcheer Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 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¥42.62, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 35x in the Tech industry in China. New Risk • Sep 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.6% Last year net profit margin: 2.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Profit margins are more than 30% lower than last year (1.6% net profit margin). New Risk • Aug 15
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 7.1% 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: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (7.1% average weekly change). Tillkännagivande • Jun 28
Shanghai Longcheer Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Shanghai Longcheer Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Tillkännagivande • Apr 30
Shanghai Longcheer Technology Co., Ltd., Annual General Meeting, May 20, 2024 Shanghai Longcheer Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: Building 1, No. 401, Caobao Road, Xuhui District, Shanghai China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥42.35, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 44x in the Tech industry in China. Tillkännagivande • Mar 29
Shanghai Longcheer Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Shanghai Longcheer Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024