Declared Dividend • May 23
Dividend reduced to CN¥0.02 Dividend of CN¥0.02 is 67% lower than last year. Ex-date: 28th May 2026 Payment date: 28th May 2026 Dividend yield will be 0.1%, which is lower than the industry average of 0.8%. Duyuru • Apr 29
Beijing Sinnet Technology Co.,Ltd, Annual General Meeting, May 19, 2026 Beijing Sinnet Technology Co.,Ltd, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: 3F, Tower A, No. 9, Dongzhong Street, Dongcheng District, Beijing China Duyuru • Mar 31
Beijing Sinnet Technology Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 Beijing Sinnet Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Duyuru • Dec 31
Beijing Sinnet Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026 Beijing Sinnet Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026 Duyuru • Sep 30
Beijing Sinnet Technology Co.,Ltd to Report Q3, 2025 Results on Oct 23, 2025 Beijing Sinnet Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 23, 2025 Duyuru • Jul 02
Beijing Sinnet Technology Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025 Beijing Sinnet Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025 Duyuru • Apr 22
Beijing Sinnet Technology Co.,Ltd Proposes Final Cash Dividend for the Year 2024 Beijing Sinnet Technology Co.,Ltd proposed final cash dividend of CNY 0.60000000 per 10 shares (tax included) for the year 2024. Duyuru • Apr 20
Beijing Sinnet Technology Co.,Ltd, Annual General Meeting, May 12, 2025 Beijing Sinnet Technology Co.,Ltd, Annual General Meeting, May 12, 2025, at 14:00 China Standard Time. Location: 3F, Tower A, No. 9, Dongzhong Street, Dongcheng District, Beijing China Duyuru • Mar 31
Beijing Sinnet Technology Co.,Ltd to Report Q1, 2025 Results on Apr 19, 2025 Beijing Sinnet Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 19, 2025 Duyuru • Dec 31
Beijing Sinnet Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025 Beijing Sinnet Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 19, 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¥12.11, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 33x in the IT industry in China. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.74 per share. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.051 (vs CN¥0.06 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.051 (down from CN¥0.06 in 3Q 2023). Revenue: CN¥1.91b (down 11% from 3Q 2023). Net income: CN¥93.5m (down 7.7% from 3Q 2023). Profit margin: 4.9% (up from 4.7% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥10.08, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 29x in the IT industry in China. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.76 per share. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to CN¥10.52, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the IT industry in China. Total loss to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.10 per share. Buy Or Sell Opportunity • Sep 30
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to CN¥10.52. The fair value is estimated to be CN¥8.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Duyuru • Sep 30
Beijing Sinnet Technology Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024 Beijing Sinnet Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.059 (vs CN¥0.042 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.059 (up from CN¥0.042 in 2Q 2023). Revenue: CN¥1.94b (up 1.0% from 2Q 2023). Net income: CN¥103.6m (up 31% from 2Q 2023). Profit margin: 5.3% (up from 4.1% in 2Q 2023). Revenue is forecast to grow 8.2% 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 fallen by 56% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jul 11
Now 20% overvalued Over the last 90 days, the stock has fallen 5.7% to CN¥8.41. The fair value is estimated to be CN¥7.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Duyuru • Jun 29
Beijing Sinnet Technology Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024 Beijing Sinnet Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024 Upcoming Dividend • May 01
Upcoming dividend of CN¥0.10 per share Eligible shareholders must have bought the stock before 08 May 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 47% and the cash payout ratio is 79%. Trailing yield: 1.1%. Lower than top quartile of Chinese dividend payers (2.4%). In line with average of industry peers (1.0%). Duyuru • Apr 27
Beijing Sinnet Technology Co.,Ltd Implements Final Cash Dividend of A Shares, Payable on 08 May 2024 Beijing Sinnet Technology Co.,Ltd implemented final cash dividend of CNY 1.00000000 per 10 A shares (tax included) for 2023. Record date is 07 May 2024. Ex-date is 08 May 2024. Payment date is 08 May 2024. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.10 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.09 (down from CN¥0.10 in 1Q 2023). Revenue: CN¥1.98b (up 5.2% from 1Q 2023). Net income: CN¥164.0m (down 5.5% from 1Q 2023). Profit margin: 8.3% (down from 9.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% 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, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Duyuru • Apr 03
Beijing Sinnet Technology Co.,Ltd Proposes Final Dividend for the Year 2023 Beijing Sinnet Technology Co.,Ltd proposed Cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2023. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.49 loss in FY 2022) Full year 2023 results: EPS: CN¥0.22 (up from CN¥0.49 loss in FY 2022). Revenue: CN¥7.86b (up 9.2% from FY 2022). Net income: CN¥388.0m (up CN¥1.27b from FY 2022). Profit margin: 4.9% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Duyuru • Dec 30
Beijing Sinnet Technology Co.,Ltd to Report Fiscal Year 2023 Results on Mar 30, 2024 Beijing Sinnet Technology Co.,Ltd announced that they will report fiscal year 2023 results on Mar 30, 2024 Buying Opportunity • Dec 05
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥12.81, 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. Meanwhile, the company became loss making. Buying Opportunity • Nov 15
Now 20% undervalued Over the last 90 days, the stock is up 7.3%. The fair value is estimated to be CN¥13.52, 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. Meanwhile, the company became loss making. Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.042 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.06 (up from CN¥0.042 in 3Q 2022). Revenue: CN¥2.13b (up 14% from 3Q 2022). Net income: CN¥101.3m (up 27% from 3Q 2022). Profit margin: 4.7% (up from 4.3% in 3Q 2022). Revenue is forecast to grow 8.7% 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, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Duyuru • Sep 30
Beijing Sinnet Technology Co.,Ltd to Report Q3, 2023 Results on Oct 24, 2023 Beijing Sinnet Technology Co.,Ltd announced that they will report Q3, 2023 results on Oct 24, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.042 (vs CN¥0.08 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.042 (down from CN¥0.08 in 2Q 2022). Revenue: CN¥1.92b (up 8.5% from 2Q 2022). Net income: CN¥79.4m (down 43% from 2Q 2022). Profit margin: 4.1% (down from 7.9% in 2Q 2022). Revenue is forecast to grow 10% 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, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 23
First quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.11 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.11 in 1Q 2022). Revenue: CN¥1.88b (up 2.6% from 1Q 2022). Net income: CN¥173.5m (down 10% from 1Q 2022). Profit margin: 9.2% (down from 11% in 1Q 2022). Revenue is forecast to grow 6.1% 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 fallen by 56% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥14.61, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 37x in the IT industry in China. Total loss to shareholders of 41% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥12.31, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 35x in the IT industry in China. Total loss to shareholders of 54% over the past three years. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. President & Chairman of the Board Yuhang Yang is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released Third quarter 2022 results: EPS: CN¥0.042. Net income: CN¥79.5m (up CN¥79.5m from 3Q 2021). Revenue is forecast to grow 7.3% 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 fallen by 8% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 28
Second quarter 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.15 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.08 (down from CN¥0.15 in 2Q 2021). Revenue: CN¥1.77b (down 9.7% from 2Q 2021). Net income: CN¥140.1m (down 37% from 2Q 2021). Profit margin: 7.9% (down from 11% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 13%, compared to a 25% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.15 in 1Q 2021). Revenue: CN¥1.83b (down 6.5% from 1Q 2021). Net income: CN¥193.4m (down 14% from 1Q 2021). Profit margin: 11% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging 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. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Hou Chengxun was the last independent 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥16.30, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 28x in the IT industry in China. Total loss to shareholders of 5.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.27 per share. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥13.44, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 25x in the IT industry in China. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.01 per share. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.15 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥2.00b (up 14% from 3Q 2020). Net income: CN¥236.4m (up 2.4% from 3Q 2020). Profit margin: 12% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. 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. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.15 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.98b (up 27% from 2Q 2020). Net income: CN¥223.7m (down 2.8% from 2Q 2020). Profit margin: 11% (down from 15% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 21
First quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.14 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CN¥1.96b (down 19% from 1Q 2020). Net income: CN¥223.9m (up 1.4% from 1Q 2020). Profit margin: 11% (up from 9.1% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 20
New 90-day high: CN¥19.76 The company is up 4.0% from its price of CN¥19.06 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.90 per share. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥18.82 The company is down 22% from its price of CN¥24.10 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 IT industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥7.05 per share. Is New 90 Day High Low • Nov 28
New 90-day low: CN¥18.83 The company is down 29% from its price of CN¥26.34 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.07 per share. Valuation Update With 7 Day Price Move • Nov 03
Market pulls back on stock over the past week After last week's 16% share price decline to CN¥19.23, the stock is trading at a trailing P/E ratio of 33.1x, down from the previous P/E ratio of 39.5x. This compares to an average P/E of 76x in the IT industry in China. Total returns to shareholders over the past three years are 46%. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥20.01 The company is down 23% from its price of CN¥26.11 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.22 per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥895.1m, up 11% from the prior year. Total revenue was CN¥7.44b over the last 12 months, up 7.4% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 28
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 20% at CN¥1.75b. Revenue is forecast to grow 35% over the next year, compared to a 37% growth forecast for the IT industry in China.