Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Xiang Xin Shi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Mar 31
Beijing CTJ Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Beijing CTJ Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Duyuru • Mar 28
Beijing CTJ Information Technology Co., Ltd., Annual General Meeting, Apr 20, 2026 Beijing CTJ Information Technology Co., Ltd., Annual General Meeting, Apr 20, 2026, at 15:00 China Standard Time. Location: 15F, No. 68, Wanquanhe Road, Haidian District, Beijing China Duyuru • Dec 31
Beijing CTJ Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 Beijing CTJ Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 Duyuru • Sep 30
Beijing CTJ Information Technology Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 Beijing CTJ Information Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 Duyuru • Jul 02
Beijing CTJ Information Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Beijing CTJ Information Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Duyuru • Mar 31
Beijing CTJ Information Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Beijing CTJ Information Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Duyuru • Mar 28
Beijing CTJ Information Technology Co., Ltd., Annual General Meeting, Apr 25, 2025 Beijing CTJ Information Technology Co., Ltd., Annual General Meeting, Apr 25, 2025, at 15:00 China Standard Time. Location: 15F, No. 68, Wanquanhe Road, Haidian District, Beijing China Duyuru • Dec 31
Beijing CTJ Information Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 Beijing CTJ Information Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.093 loss per share (vs CN¥0.24 profit in 3Q 2023) Third quarter 2024 results: CN¥0.093 loss per share (down from CN¥0.24 profit in 3Q 2023). Revenue: CN¥129.6m (down 60% from 3Q 2023). Net loss: CN¥26.2m (down 132% from profit in 3Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. Duyuru • Sep 30
Beijing CTJ Information Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Beijing CTJ Information Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥23.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 28x in the Software industry in China. Total loss to shareholders of 29% over the past year. New Risk • Sep 06
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 8.9% 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 Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 15x cash flows per share). Profit margins are more than 30% lower than last year (20% net profit margin). Reported Earnings • Aug 29
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: CN¥232.4m (down 34% from 2Q 2023). Net income: CN¥46.6m (down 50% from 2Q 2023). Profit margin: 20% (down from 27% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in China. New Risk • Jul 31
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 Dividend is not well covered by cash flows (dividend per share is over 10x cash flows per share). Share price has been volatile over the past 3 months (7.1% average weekly change). Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥23.65, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 31x in the Software industry in China. Total loss to shareholders of 40% over the past year. Duyuru • Jun 29
Beijing CTJ Information Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Beijing CTJ Information Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Declared Dividend • May 01
Dividend of CN¥1.00 announced Shareholders will receive a dividend of CN¥1.00. Ex-date: 9th May 2024 Payment date: 9th May 2024 Dividend yield will be 1.7%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but not covered by cash flows (dividend approximately 10x free cash flows). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Mar 30
Beijing CTJ Information Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Beijing CTJ Information Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥1.54 (vs CN¥1.48 in FY 2022) Full year 2023 results: EPS: CN¥1.54 (up from CN¥1.48 in FY 2022). Revenue: CN¥1.21b (up 32% from FY 2022). Net income: CN¥299.6m (up 16% from FY 2022). Profit margin: 25% (down from 28% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Software industry in China. Duyuru • Mar 29
Beijing CTJ Information Technology Co., Ltd., Annual General Meeting, Apr 22, 2024 Beijing CTJ Information Technology Co., Ltd., Annual General Meeting, Apr 22, 2024, at 15:00 China Standard Time. Location: 15F, No. 68, Wanquanhe Road, Haidian District, Beijing China New Risk • Feb 06
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 9.1% 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 (9.1% average weekly change). High level of non-cash earnings (82% accrual ratio). Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥48.01, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Software industry in China. Duyuru • Dec 30
Beijing CTJ Information Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024 Beijing CTJ Information Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 29, 2024 Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥75.92, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 37x in the Software industry in China. New Risk • Nov 13
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 6.5% 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 (82% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.34 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.43 (up from CN¥0.34 in 3Q 2022). Revenue: CN¥319.8m (up 58% from 3Q 2022). Net income: CN¥82.1m (up 26% from 3Q 2022). Profit margin: 26% (down from 32% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Duyuru • Sep 30
Beijing CTJ Information Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Beijing CTJ Information Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.49 (vs CN¥0.63 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.49. Revenue: CN¥351.2m (up 29% from 2Q 2022). Net income: CN¥93.5m (up 51% from 2Q 2022). Profit margin: 27% (up from 23% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥74.00, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 48x in the Software industry in China. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥89.77, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 44x in the Software industry in China. Reported Earnings • Apr 22
First quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.35 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.35 in 1Q 2022). Revenue: CN¥110.2m (down 37% from 1Q 2022). Net income: CN¥12.2m (down 60% from 1Q 2022). Profit margin: 11% (down from 17% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Board Change • Mar 14
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. 6 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.