Reported Earnings • Apr 30
Full year 2025 earnings released: CN¥0.57 loss per share (vs CN¥0.077 profit in FY 2024) Full year 2025 results: CN¥0.57 loss per share (down from CN¥0.077 profit in FY 2024). Revenue: CN¥310.3m (up 8.4% from FY 2024). Net loss: CN¥58.1m (down CN¥66.0m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Duyuru • Apr 30
Hunan Kylinsec Technology Co., Ltd., Annual General Meeting, May 20, 2026 Hunan Kylinsec Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: 1F, Building 1, No. 20, Qiyun Road, Changsha Hi-tech Development Zone, Changsha, Hunan China Duyuru • Mar 30
Hunan Kylinsec Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Hunan Kylinsec Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Reported Earnings • Mar 05
Full year 2025 earnings released: CN¥0.58 loss per share (vs CN¥0.077 profit in FY 2024) Full year 2025 results: CN¥0.58 loss per share (down from CN¥0.077 profit in FY 2024). Revenue: CN¥310.5m (up 8.4% from FY 2024). Net loss: CN¥59.2m (down CN¥67.1m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Duyuru • Dec 26
Hunan Kylinsec Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 Hunan Kylinsec Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 Reported Earnings • Oct 22
Third quarter 2025 earnings released: CN¥0.081 loss per share (vs CN¥0.077 loss in 3Q 2024) Third quarter 2025 results: CN¥0.081 loss per share. Revenue: CN¥65.0m (up 7.3% from 3Q 2024). Net loss: CN¥8.04m (loss narrowed 4.2% from 3Q 2024). Duyuru • Sep 30
Hunan Kylinsec Technology Co., Ltd. to Report Q3, 2025 Results on Oct 21, 2025 Hunan Kylinsec Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 21, 2025 New Risk • Sep 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 198% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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 Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. New Risk • Aug 26
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 6.8% 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 63% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. New Risk • Jul 01
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 8.2% 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: Major Risk Earnings have declined by 63% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Duyuru • Jun 30
Hunan Kylinsec Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Hunan Kylinsec Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jun 11
New major risk - Revenue and earnings growth Earnings have declined by 63% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 63% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 30
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: CN¥0.10 (up from CN¥0.38 loss in FY 2023). Revenue: CN¥286.4m (up 75% from FY 2023). Net income: CN¥7.94m (up CN¥38.1m from FY 2023). Profit margin: 2.8% (up from net loss in FY 2023). Revenue missed analyst estimates by 7.9%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Duyuru • Apr 30
Hunan Kylinsec Technology Co., Ltd., Annual General Meeting, May 21, 2025 Hunan Kylinsec Technology Co., Ltd., Annual General Meeting, May 21, 2025, at 14:00 China Standard Time. Location: 1F, Building 1, No. 20, Qiyun Road, High-tech Development Zone, Changsha, Hunan China New Risk • Apr 07
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 Chinese stocks, typically moving 9.8% 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. This is currently the only risk that has been identified for the company. Duyuru • Mar 28
Hunan Kylinsec Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Hunan Kylinsec Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Reported Earnings • Mar 03
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: CN¥0.10 (up from CN¥0.38 loss in FY 2023). Revenue: CN¥286.4m (up 75% from FY 2023). Net income: CN¥7.87m (up CN¥38.0m from FY 2023). Profit margin: 2.7% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 7.9%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in China. Duyuru • Dec 27
Hunan Kylinsec Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 Hunan Kylinsec Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 Buy Or Sell Opportunity • Nov 07
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 92% to CN¥65.50. The fair value is estimated to be CN¥54.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 31% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.91 loss in 3Q 2023) Third quarter 2024 results: CN¥0.10 loss per share (improved from CN¥0.91 loss in 3Q 2023). Net loss: CN¥8.39m (loss narrowed 88% from 3Q 2023). New Risk • Sep 30
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 Chinese stocks, typically moving 9.4% 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 (9.4% average weekly change). Earnings have declined by 29% per year over the past 5 years. Duyuru • Sep 30
Hunan Kylinsec Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Hunan Kylinsec Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released Second quarter 2024 results: CN¥0.10 loss per share. Revenue: CN¥45.3m (down 90% from 2Q 2023). Net loss: CN¥7.27m (down 119% from profit in 2Q 2023). Duyuru • Jun 29
Hunan Kylinsec Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Hunan Kylinsec Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Jun 17
New major risk - Revenue and earnings growth Earnings have declined by 14% 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. Duyuru • Apr 30
Hunan Kylinsec Technology Co., Ltd., Annual General Meeting, May 20, 2024 Hunan Kylinsec Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: 1F, Building 1, No. 20, Qiyun Road, High-tech Development Zone, Changsha, Hunan China Reported Earnings • Apr 29
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CN¥0.38 loss per share (down from CN¥2.07 profit in FY 2022). Revenue: CN¥163.4m (down 59% from FY 2022). Net loss: CN¥30.1m (down 123% from profit in FY 2022). Revenue missed analyst estimates by 68%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 63% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Duyuru • Mar 30
Hunan Kylinsec Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Hunan Kylinsec Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Reported Earnings • Feb 25
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CN¥0.38 loss per share (down from CN¥2.07 profit in FY 2022). Revenue: CN¥169.7m (down 58% from FY 2022). Net loss: CN¥30.3m (down 124% from profit in FY 2022). Revenue missed analyst estimates by 68%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 62% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Software industry in China. Duyuru • Jan 27
Hunan Kylinsec Technology Co., Ltd. (SHSE:688152) announces an Equity Buyback for CNY 60 million worth of its shares. Hunan Kylinsec Technology Co., Ltd. (SHSE:688152) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The shares will be repurchased at a price not more than CNY 102.18 per share. The repurchased share will be repurchased from a part of the excess funds obtained from the company’s initial public offering of RMB ordinary shares. The program will be valid for a period of 3 months. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥85.60, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 37x in the Software industry in China. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥113, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 39x in the Software industry in China. New Risk • Aug 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 Chinese stocks, typically moving 8.3% 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 (8.3% average weekly change). High level of non-cash earnings (50% accrual ratio). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥113, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 46x in the Software industry in China. Reported Earnings • Apr 27
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: CN¥3.05 (up from CN¥2.81 in FY 2021). Revenue: CN¥400.4m (up 18% from FY 2021). Net income: CN¥127.6m (up 14% from FY 2021). Profit margin: 32% (down from 33% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 32%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥184, the stock trades at a forward P/E ratio of 67x. Average forward P/E is 45x in the Software industry in China. Reported Earnings • Mar 02
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: CN¥3.05 (up from CN¥2.81 in FY 2021). Revenue: CN¥400.4m (up 18% from FY 2021). Net income: CN¥127.6m (up 14% from FY 2021). Profit margin: 32% (down from 33% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 30%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Software industry in China. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director & Deputy General Manager Qi Ren was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥187, the stock trades at a trailing P/E ratio of 69.7x. Average trailing P/E is 72x in the Software industry in China. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥1.39 (vs CN¥1.33 in 3Q 2021) Third quarter 2022 results: EPS: CN¥1.39 (up from CN¥1.33 in 3Q 2021). Revenue: CN¥149.4m (up 11% from 3Q 2021). Net income: CN¥55.6m (up 3.6% from 3Q 2021). Profit margin: 37% (down from 40% in 3Q 2021). The decrease in margin was driven by higher expenses.