New Risk • Jul 02
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. New Risk • Jun 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$94.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Jun 10
First quarter 2026 earnings released: CN¥0.56 loss per share (vs CN¥1.10 loss in 1Q 2025) First quarter 2026 results: CN¥0.56 loss per share (improved from CN¥1.10 loss in 1Q 2025). Revenue: CN¥259.0m (flat on 1Q 2025). Net loss: CN¥17.5m (loss narrowed 48% from 1Q 2025). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 19% per year. Tillkännagivande • Jun 04
Cheetah Mobile Inc. to Report Q1, 2026 Results on Jun 10, 2026 Cheetah Mobile Inc. announced that they will report Q1, 2026 results Pre-Market on Jun 10, 2026 Reported Earnings • Apr 28
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: CN¥8.40 loss per share (improved from CN¥20.55 loss in FY 2024). Revenue: CN¥1.15b (up 43% from FY 2024). Net loss: CN¥257.7m (loss narrowed 58% from FY 2024). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 82%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 25
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: CN¥8.40 loss per share (improved from CN¥20.55 loss in FY 2024). Revenue: CN¥1.15b (up 43% from FY 2024). Net loss: CN¥257.7m (loss narrowed 58% from FY 2024). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 82%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 24
New major risk - Revenue and earnings growth Earnings have declined by 36% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Tillkännagivande • Mar 19
Cheetah Mobile Inc. to Report Q4, 2025 Results on Mar 24, 2026 Cheetah Mobile Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 24, 2026 Reported Earnings • Nov 26
Third quarter 2025 earnings released: CN¥0.35 loss per share (vs CN¥1.55 loss in 3Q 2024) Third quarter 2025 results: CN¥0.35 loss per share (improved from CN¥1.55 loss in 3Q 2024). Revenue: CN¥287.4m (up 50% from 3Q 2024). Net loss: CN¥11.0m (loss narrowed 77% from 3Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Nov 19
Cheetah Mobile Inc. to Report Q3, 2025 Results on Nov 26, 2025 Cheetah Mobile Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 26, 2025 Major Estimate Revision • Oct 01
Consensus revenue estimates increase by 22% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥904.0m to CN¥1.10b. Forecast losses expected to reduce from -CN¥6.91 to -CN¥4.85 per share. Software industry in the US expected to see average net income growth of 24% next year. Consensus price target up from US$6.45 to US$11.00. Share price fell 3.8% to US$8.30 over the past week. Reported Earnings • Sep 12
Second quarter 2025 earnings released: CN¥0.75 loss per share (vs CN¥4.14 loss in 2Q 2024) Second quarter 2025 results: CN¥0.75 loss per share (improved from CN¥4.14 loss in 2Q 2024). Revenue: CN¥295.2m (up 57% from 2Q 2024). Net loss: CN¥22.6m (loss narrowed 82% from 2Q 2024). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 08
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 American stocks, typically moving 11% 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 • Sep 04
Cheetah Mobile Inc. to Report Q2, 2025 Results on Sep 11, 2025 Cheetah Mobile Inc. announced that they will report Q2, 2025 results Pre-Market on Sep 11, 2025 Tillkännagivande • Jul 28
Cheetah Mobile Inc. (NYSE:CMCM) agreed to acquire 60.80% stake in UFACTORY TECHNOLOGY (HONGKONG) Co., LIMITED for CNY 99.5 million. Cheetah Mobile Inc. (NYSE:CMCM) agreed to acquire 60.80% stake in UFACTORY TECHNOLOGY (HONGKONG) Co., LIMITED for CNY 99.5 million on July 28, 2025. A cash consideration of CNY 99.5 million will be paid by Cheetah Mobile Inc. As part of consideration, CNY 99.5 million is paid towards common equity of UFACTORY TECHNOLOGY (HONGKONG) Co., LIMITED. Prior to the transaction, another wholly-owned subsidiary of Cheetah Mobile already held 19.2% of UFACTORY's total equity interest. Following this transaction, Cheetah Mobile and its subsidiaries will collectively hold approximately 80.0% of UFACTORY's total equity interest. The transaction will be financed through Cheetah Mobile Inc.'s cash reserves of CNY 99.5 million.
The transaction is subject to approval of offer by acquirer board and customary closing conditions. The deal has been approved by the board. The expected completion of the transaction is in the third quarter of 2025. Major Estimate Revision • Jul 11
Consensus EPS estimates fall by 161% The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -CN¥2.65 to -CN¥6.91 per share. Revenue forecast of CN¥904.0m unchanged since last update. Software industry in the US expected to see average net income growth of 21% next year. Consensus price target broadly unchanged at US$6.40. Share price rose 8.3% to US$5.20 over the past week. Reported Earnings • Jun 20
First quarter 2025 earnings released: CN¥1.10 loss per share (vs CN¥2.68 loss in 1Q 2024) First quarter 2025 results: CN¥1.10 loss per share (improved from CN¥2.68 loss in 1Q 2024). Revenue: CN¥259.0m (up 36% from 1Q 2024). Net loss: CN¥33.4m (loss narrowed 58% from 1Q 2024). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year. Tillkännagivande • Jun 18
Cheetah Mobile Inc. to Report Q1, 2025 Results on Jun 19, 2025 Cheetah Mobile Inc. announced that they will report Q1, 2025 results Pre-Market on Jun 19, 2025 New Risk • Apr 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$99.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$99.2m market cap). Reported Earnings • Mar 26
Full year 2024 earnings released: CN¥20.54 loss per share (vs CN¥20.47 loss in FY 2023) Full year 2024 results: CN¥20.54 loss per share (further deteriorated from CN¥20.47 loss in FY 2023). Revenue: CN¥806.9m (up 21% from FY 2023). Net loss: CN¥617.6m (loss widened 2.4% from FY 2023). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% 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 • Mar 19
Cheetah Mobile Inc. to Report Q4, 2024 Results on Mar 26, 2025 Cheetah Mobile Inc. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Mar 26, 2025 Reported Earnings • Dec 18
Third quarter 2024 earnings released: CN¥0.81 loss per share (vs CN¥5.45 loss in 3Q 2023) Third quarter 2024 results: CN¥0.81 loss per share (improved from CN¥5.45 loss in 3Q 2023). Revenue: CN¥164.8m (flat on 3Q 2023). Net loss: CN¥24.3m (loss narrowed 85% from 3Q 2023). 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 8% per year, which means it has not declined as severely as earnings. Tillkännagivande • Dec 11
Cheetah Mobile Inc. to Report Q3, 2024 Results on Dec 17, 2024 Cheetah Mobile Inc. announced that they will report Q3, 2024 results at 9:30 AM, US Eastern Standard Time on Dec 17, 2024 New Risk • Jul 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$99.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 51% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Market cap is less than US$100m (US$99.8m market cap). Board Change • Jul 10
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 Shengwu Wu 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. Recent Insider Transactions Derivative • Jun 27
Senior Vice President notifies of intention to sell stock Mingyan Sun intends to sell 46k shares in the next 90 days after lodging an Intent To Sell Form on the 24th of June. If the sale is conducted around the recent share price of US$5.31, it would amount to US$244k. As of today, Mingyan currently holds no shares directly (This sale likely refers to shares that have not yet been received). There have been no trades via on-market transactions or options from company insiders in the last 12 months. Reported Earnings • Jun 09
First quarter 2024 earnings released: CN¥2.68 loss per share (vs CN¥0.64 loss in 1Q 2023) First quarter 2024 results: CN¥2.68 loss per share (further deteriorated from CN¥0.64 loss in 1Q 2023). Revenue: CN¥190.3m (up 12% from 1Q 2023). Net loss: CN¥80.0m (loss widened 330% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. New Risk • Jun 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 55% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Tillkännagivande • Jun 02
Cheetah Mobile Inc. to Report Q1, 2024 Results on Jun 07, 2024 Cheetah Mobile Inc. announced that they will report Q1, 2024 results Pre-Market on Jun 07, 2024 New Risk • Apr 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (3.1% increase in shares outstanding). New Risk • Apr 17
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 American stocks, typically moving 12% 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 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Reported Earnings • Mar 24
Full year 2023 earnings released: CN¥20.47 loss per share (vs CN¥18.09 loss in FY 2022) Full year 2023 results: CN¥20.47 loss per share (further deteriorated from CN¥18.09 loss in FY 2022). Revenue: CN¥669.5m (down 24% from FY 2022). Net loss: CN¥602.9m (loss widened 16% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Tillkännagivande • Mar 23
Cheetah Mobile Inc. Provides Earnings Guidance for the First Half of 2024 Cheetah Mobile Inc. provided earnings guidance for the first half of 2024. For the period, the company expects its total revenues to be between RMB 350 million (USD 49.3 million) and RMB 400 million (USD 56.3 million). This amount reflects the Company's current and preliminary expectations. New Risk • Mar 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 61% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Market cap is less than US$100m (US$71.0m market cap). New Risk • Dec 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 61% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Market cap is less than US$100m (US$66.1m market cap). Tillkännagivande • Dec 05
Cheetah Mobile Inc. (NYSE:CMCM) acquired 35.17% stake in Beijing OrionStar Technology Co., Ltd. from certain of the existing shareholders including Sheng Fu for $37.6 million. Cheetah Mobile Inc. (NYSE:CMCM) acquired 35.17% stake in Beijing OrionStar Technology Co., Ltd. from certain of the existing shareholders including Sheng Fu for $37.6 million on December 4, 2023. The transaction was approved by the Board of Directors of Cheetah Mobile.
Cheetah Mobile Inc. (NYSE:CMCM) completed the acquisition of 35.17% stake in Beijing OrionStar Technology Co., Ltd. from certain of the existing shareholders including Sheng Fu on December 4, 2023. Reported Earnings • Aug 20
First half 2023 earnings released: CN¥9.55 loss per share (vs CN¥2.52 loss in 1H 2022) First half 2023 results: CN¥9.55 loss per share (further deteriorated from CN¥2.52 loss in 1H 2022). Revenue: CN¥337.4m (down 5.5% from 1H 2022). Net loss: CN¥277.4m (loss widened 282% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 42% per year, which means it has not declined as severely as earnings. Tillkännagivande • Aug 19
Cheetah Mobile Inc. Provides Revenue Guidance for the Second Half of 2023 Cheetah Mobile Inc. provided revenue guidance for the second half of 2023. For the period, the company expected total revenues to be between RMB 310 million (USD 42.8 million) and RMB 360 million (USD 49.6 million). Tillkännagivande • Aug 03
Cheetah Mobile Inc. Announces Executive Changes Cheetah Mobile Inc. announced the appointment of Mr. Shengwu Wu as an independent director to its board of directors, effective August 1, 2023. Mr. Wu will also serve as a member of the nominating and corporate governance committee of the Board, and a member and chairman of the compensation committee of the Board. Mr. Wu has held the position of global executive vice president at Tsinghua Unigroup and chairman of the board of the directors of Xiamen Education Technology Group Co. Ltd. since 2019. Additionally, he currently serves as chairman of the board of the directors and chief executive officer of Unic Memory Technology Co. Ltd. Prior to joining Tsinghua Unigroup, Mr. Wu served as the deputy director of the Department of Electronic Information at the Ministry of Industry and Information Technology of the People’s Republic of China from 2016 to 2019, district head of Haishu District, Ningbo, China from 2011 to 2016, and director of Ningbo Information Industry Bureau from 2006 to 2011. With over two decades of experience in the information and communication technologies (ICT) field, Mr. Wu possesses extensive industry management experience. Mr. Wu received his bachelor’s degree in engineering and master’s degree in laws from Tsinghua University, and a Ph.D. degree in administration from Huazhong University of Science and Technology. The company also announced the resignation of Ms. Ning Zhang as an independent director of the Company, a member of the nominating and corporate governance committee of the Board, and a member and chairperson of the compensation committee of the Board, effective August 1, 2023. Ms. Zhang’s resignation did not result from any disagreement with the Company. After the changes, the Board will consist of six members, three of whom will be independent directors. Both the nominating and corporate governance committee and the compensation committee will consist solely of independent directors. Reported Earnings • Apr 12
Full year 2022 earnings released: CN¥17.78 loss per share (vs CN¥12.35 loss in FY 2021) Full year 2022 results: CN¥17.78 loss per share (further deteriorated from CN¥12.35 loss in FY 2021). Revenue: CN¥884.1m (up 13% from FY 2021). Net loss: CN¥513.5m (loss widened 45% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Reported Earnings • Dec 28
First half 2022 earnings released: CN¥2.52 loss per share (vs CN¥2.71 profit in 1H 2021) First half 2022 results: CN¥2.52 loss per share (down from CN¥2.71 profit in 1H 2021). Revenue: CN¥357.0m (down 13% from 1H 2021). Net loss: CN¥72.6m (down 194% from profit in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 56% per year whereas the company’s share price has fallen by 53% per year. Board Change • Dec 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 Yun Zhang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Yun Zhang was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 29
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Yun Zhang was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Yun Zhang was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 42% share price gain to US$1.04, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 38x in the Software industry in the US. Total loss to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 20% share price decline to US$1.03, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 40x in the Software industry in the US. Total loss to shareholders of 74% over the past three years. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improved over the past week After last week's 18% share price gain to US$1.51, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 43x in the Software industry in the US. Total loss to shareholders of 57% over the past three years. Reported Earnings • Nov 26
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: CN¥0.35 loss per share (down from CN¥1.83 profit in 3Q 2020). Revenue: CN¥209.6m (down 43% from 3Q 2020). Net loss: CN¥49.5m (down 119% from profit in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$1.63, the stock trades at a trailing P/E ratio of 3.8x. Average forward P/E is 58x in the Software industry in the US. Total loss to shareholders of 69% over the past three years. Reported Earnings • Sep 08
Second quarter 2021 earnings released: EPS CN¥0.006 (vs CN¥1.40 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥211.7m (down 46% from 2Q 2020). Net income: CN¥917.0k (down 100% from 2Q 2020). Profit margin: 0.4% (down from 49% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance. Executive Departure • Apr 02
Senior VP & Director has left the company On the 31st of March, Pin Zhou's tenure as Senior VP & Director ended after 3.1 years in the role. We don't have any record of a personal shareholding under Pin's name. A total of 3 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥2.17, the stock trades at a trailing P/E ratio of 4.8x. Average forward P/E is 66x in the Software industry in the US. Total loss to shareholders of 68% over the past three years. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS CN¥2.98 (vs CN¥2.51 loss 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¥1.56b (down 57% from FY 2019). Net income: CN¥416.7m (up CN¥760.9m from FY 2019). Profit margin: 27% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 12
New 90-day high: US$3.62 The company is up 87% from its price of US$1.94 on 13 November 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 17% over the same period. Is New 90 Day High Low • Jan 22
New 90-day high: US$2.45 The company is up 24% from its price of US$1.97 on 23 October 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 8.0% over the same period. Recent Insider Transactions Derivative • Jan 01
Senior VP & Director notifies of intention to sell stock Jie Xiao intends to sell roughly 30.16k shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of December. If the sale is conducted around the recent share price of US$1.96, it would amount to US$59k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Is New 90 Day High Low • Jan 01
New 90-day low: US$1.80 The company is down 11% from its price of US$2.02 on 02 October 2020. The American market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: US$2.38 The company is up 18% from its price of US$2.01 on 01 September 2020. The American market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 1.0% over the same period. Reported Earnings • Nov 25
Third quarter 2020 earnings released: EPS CN¥1.83 The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: CN¥365.1m (down 60% from 3Q 2019). Net income: CN¥259.2m (down 43% from 3Q 2019). Profit margin: 71% (up from 49% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 45% per year, which means it has not declined as severely as earnings.