New Risk • May 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 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: Major Risk High level of non-cash earnings (34% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Board Change • May 20
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. 5 non-independent directors. Independent Director Yimao Cai was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 09
Founder Technology Group Co.,Ltd., Annual General Meeting, Apr 29, 2026 Founder Technology Group Co.,Ltd., Annual General Meeting, Apr 29, 2026, at 14:30 China Standard Time. Location: Floor 33A, No. 58, Huajin Street, Guangdong-Macao In-Depth Cooperation Zone in Hengqin, Guangdong China Tillkännagivande • Mar 30
Founder Technology Group Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Founder Technology Group Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Tillkännagivande • Dec 26
Founder Technology Group Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 09, 2026 Founder Technology Group Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 09, 2026 Tillkännagivande • Sep 30
Founder Technology Group Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Founder Technology Group Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Tillkännagivande • Jun 30
Founder Technology Group Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Founder Technology Group Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Tillkännagivande • Jun 11
Founder Technology Group Co.,Ltd. announced that it expects to receive CNY 1.98 billion in funding from Zhuhai Huashi Huanxin Fangke Investment Enterprise (Limited Partnership) Founder Technology Group Co.,Ltd. announced that it has entered into subscription agreement for a private placement to issue no more than 1,251,087,986 A shares for gross proceeds of CNY 1,980,000,000 on June 10, 2025. The transaction will include participation from no more than 35 investors including Zhuhai Huashi Huanxin Fangke Investment Enterprise (Limited Partnership). The Transaction has been approved in the third meeting of the 13th board of supervisors of the company and is subject to the approval of Shareholders of the company, , the Shanghai Stock Exchange, and the China Securities Regulatory Commission. Tillkännagivande • Mar 29
Founder Technology Group Co.,Ltd., Annual General Meeting, Apr 24, 2025 Founder Technology Group Co.,Ltd., Annual General Meeting, Apr 24, 2025, at 14:30 China Standard Time. Location: Floor 33A, No. 58, Huajin Street, Henqin New District, Zhuhai, Guangdong China Tillkännagivande • Mar 28
Founder Technology Group Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Founder Technology Group Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Tillkännagivande • Dec 27
Founder Technology Group Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Founder Technology Group Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥0.017 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.014 (down from CN¥0.017 in 3Q 2023). Revenue: CN¥871.3m (up 5.2% from 3Q 2023). Net income: CN¥60.3m (down 15% from 3Q 2023). Profit margin: 6.9% (down from 8.5% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥3.90, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 40x in the Tech industry in China. Total returns to shareholders of 43% over the past three years. Buy Or Sell Opportunity • Oct 11
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.5% to CN¥3.19. The fair value is estimated to be CN¥4.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥3.33, the stock trades at a trailing P/E ratio of 58.7x. Average trailing P/E is 35x in the Tech industry in China. Total returns to shareholders of 19% over the past three years. Tillkännagivande • Sep 30
Founder Technology Group Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Founder Technology Group Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.016 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.016 (in line with 2Q 2023). Revenue: CN¥808.7m (up 5.4% from 2Q 2023). Net income: CN¥72.8m (up 6.1% from 2Q 2023). Profit margin: 9.0% (up from 8.9% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥3.37, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 45x in the Tech industry in China. Total returns to shareholders of 17% over the past three years. Tillkännagivande • Jun 28
Founder Technology Group Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Founder Technology Group Co.,Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥2.78, the stock trades at a trailing P/E ratio of 49.9x. Average trailing P/E is 41x in the Tech industry in China. Total loss to shareholders of 17% over the past three years. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.005 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.005 loss in 1Q 2023). Revenue: CN¥769.5m (up 13% from 1Q 2023). Net income: CN¥76.9m (up CN¥97.4m from 1Q 2023). Profit margin: 10.0% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.10 loss in FY 2022) Full year 2023 results: EPS: CN¥0.03 (up from CN¥0.10 loss in FY 2022). Revenue: CN¥3.15b (down 36% from FY 2022). Net income: CN¥135.1m (up CN¥558.6m from FY 2022). Profit margin: 4.3% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Tillkännagivande • Mar 30
Founder Technology Group Co.,Ltd., Annual General Meeting, Apr 22, 2024 Founder Technology Group Co.,Ltd., Annual General Meeting, Apr 22, 2024, at 14:30 China Standard Time. Location: Floor 33A, No. 58, Huajin Street, Henqin New District, Zhuhai, Guangdong China Tillkännagivande • Mar 29
Founder Technology Group Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Founder Technology Group Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥2.17, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 42x in the Tech industry in China. Total loss to shareholders of 39% over the past three years. Tillkännagivande • Dec 30
Founder Technology Group Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Founder Technology Group Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.017 (vs CN¥0.097 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.017 (up from CN¥0.097 loss in 3Q 2022). Revenue: CN¥828.3m (down 30% from 3Q 2022). Net income: CN¥70.7m (up CN¥284.4m from 3Q 2022). Profit margin: 8.5% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Tillkännagivande • Sep 30
Founder Technology Group Co.,Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Founder Technology Group Co.,Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.043 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.016 (up from CN¥0.043 loss in 2Q 2022). Revenue: CN¥767.3m (down 37% from 2Q 2022). Net income: CN¥68.6m (up CN¥163.7m from 2Q 2022). Profit margin: 8.9% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Jul 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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change). Reported Earnings • May 03
First quarter 2023 earnings released: CN¥0.005 loss per share (vs CN¥0.059 loss in 1Q 2022) First quarter 2023 results: CN¥0.005 loss per share (improved from CN¥0.059 loss in 1Q 2022). Revenue: CN¥680.8m (down 31% from 1Q 2022). Net loss: CN¥20.5m (loss narrowed 84% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Wuqing Wu 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 31
Third quarter 2022 earnings released: CN¥0.097 loss per share (vs CN¥0.10 loss in 3Q 2021) Third quarter 2022 results: CN¥0.097 loss per share (improved from CN¥0.10 loss in 3Q 2021). Revenue: CN¥1.18b (down 5.5% from 3Q 2021). Net loss: CN¥213.7m (loss narrowed 5.2% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.043 loss per share (vs CN¥0.038 loss in 2Q 2021) Second quarter 2022 results: CN¥0.043 loss per share (down from CN¥0.038 loss in 2Q 2021). Revenue: CN¥1.22b (up 13% from 2Q 2021). Net loss: CN¥95.1m (loss widened 14% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 26% 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. Reported Earnings • May 02
Full year 2021 earnings released: CN¥0.55 loss per share (vs CN¥0.42 loss in FY 2020) Full year 2021 results: CN¥0.55 loss per share (down from CN¥0.42 loss in FY 2020). Revenue: CN¥5.43b (down 9.1% from FY 2020). Net loss: CN¥1.21b (loss widened 32% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 52% 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. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Wuqing Wu 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 31
Third quarter 2021 earnings released: CN¥0.10 loss per share (vs CN¥0.027 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥1.25b (down 1.4% from 3Q 2020). Net loss: CN¥225.4m (loss widened 275% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Sep 01
Second quarter 2021 earnings released: CN¥0.038 loss per share (vs CN¥0.011 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¥1.08b (down 16% from 2Q 2020). Net loss: CN¥83.7m (loss widened 255% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • May 01
First quarter 2021 earnings released: CN¥0.064 loss per share (vs CN¥0.038 loss in 1Q 2020) The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CN¥937.8m (up 4.0% from 1Q 2020). Net loss: CN¥139.9m (loss widened 68% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 11
New 90-day low: CN¥3.41 The company is down 15% from its price of CN¥4.00 on 13 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 22
New 90-day low: CN¥3.78 The company is down 16% from its price of CN¥4.51 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 10.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.12b, with losses widening by CN¥1.02b from the prior year. Total revenue was CN¥5.94b over the last 12 months, up 4.0% from the prior year. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥4.13 The company is down 10.0% from its price of CN¥4.60 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 9.0% over the same period. 