Board Change • 7h
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. Chairman of the Board Shanquan Liu was the last director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 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. 4 non-independent directors. GM & Director Xiaoyong Jiang was the last director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Mar 30
INESA Intelligent Tech Inc. to Report Q1, 2026 Results on Apr 25, 2026 INESA Intelligent Tech Inc. announced that they will report Q1, 2026 results on Apr 25, 2026 Duyuru • Dec 26
INESA Intelligent Tech Inc. to Report Fiscal Year 2025 Results on Mar 28, 2026 INESA Intelligent Tech Inc. announced that they will report fiscal year 2025 results on Mar 28, 2026 Duyuru • Sep 30
INESA Intelligent Tech Inc. to Report Q3, 2025 Results on Oct 25, 2025 INESA Intelligent Tech Inc. announced that they will report Q3, 2025 results on Oct 25, 2025 Duyuru • Jun 30
INESA Intelligent Tech Inc. to Report First Half, 2025 Results on Aug 23, 2025 INESA Intelligent Tech Inc. announced that they will report first half, 2025 results on Aug 23, 2025 Duyuru • May 29
INESA Intelligent Tech Inc., Annual General Meeting, Jun 20, 2025 INESA Intelligent Tech Inc., Annual General Meeting, Jun 20, 2025, at 13:30 China Standard Time. Location: 3F, Building D3, No. 39, Hongcao Road, Xuhui District, Shanghai China Duyuru • Mar 28
INESA Intelligent Tech Inc. to Report Q1, 2025 Results on Apr 26, 2025 INESA Intelligent Tech Inc. announced that they will report Q1, 2025 results on Apr 26, 2025 Duyuru • Dec 27
INESA Intelligent Tech Inc. to Report Fiscal Year 2024 Results on Mar 27, 2025 INESA Intelligent Tech Inc. announced that they will report fiscal year 2024 results on Mar 27, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.033 (vs CN¥0.046 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.033 (down from CN¥0.046 in 3Q 2023). Revenue: CN¥1.12b (down 7.1% from 3Q 2023). Net income: CN¥44.9m (down 29% from 3Q 2023). Profit margin: 4.0% (down from 5.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Duyuru • Sep 30
INESA Intelligent Tech Inc. to Report Q3, 2024 Results on Oct 26, 2024 INESA Intelligent Tech Inc. announced that they will report Q3, 2024 results on Oct 26, 2024 New Risk • Sep 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.038 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.039 (up from CN¥0.038 in 2Q 2023). Revenue: CN¥1.46b (up 5.4% from 2Q 2023). Net income: CN¥53.0m (up 3.6% from 2Q 2023). Profit margin: 3.6% (down from 3.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Duyuru • Jun 28
INESA Intelligent Tech Inc. to Report First Half, 2024 Results on Aug 24, 2024 INESA Intelligent Tech Inc. announced that they will report first half, 2024 results on Aug 24, 2024 Duyuru • Apr 29
INESA Intelligent Tech Inc., Annual General Meeting, May 22, 2024 INESA Intelligent Tech Inc., Annual General Meeting, May 22, 2024, at 13:30 China Standard Time. Location: 3F, Building D3, No. 39, Hongcao Road, Xuhui District, Shanghai China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.044 (vs CN¥0.03 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.044 (up from CN¥0.03 in 1Q 2023). Revenue: CN¥1.43b (up 29% from 1Q 2023). Net income: CN¥60.0m (up 44% from 1Q 2023). Profit margin: 4.2% (up from 3.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Board Change • Apr 26
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 (3 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. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in FY 2022) Full year 2023 results: EPS: CN¥0.14 (up from CN¥0.13 in FY 2022). Revenue: CN¥5.26b (up 16% from FY 2022). Net income: CN¥192.9m (up 6.7% from FY 2022). Profit margin: 3.7% (down from 4.0% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT industry in China. Duyuru • Mar 29
INESA Intelligent Tech Inc. to Report Q1, 2024 Results on Apr 27, 2024 INESA Intelligent Tech Inc. announced that they will report Q1, 2024 results on Apr 27, 2024 Duyuru • Feb 09
Shanghai Instrument Electronics (Group) Co., Ltd agreed to acquire Shanghai Guangdian Communication Technology Co., Ltd. from INESA Intelligent Tech Inc. (SHSE:600602). Shanghai Instrument Electronics (Group) Co., Ltd agreed to acquire Shanghai Guangdian Communication Technology Co., Ltd. from INESA Intelligent Tech Inc. (SHSE:600602) on February 8, 2024. Shanghai Guangdian Communication Technology Co., Ltd. reported Total revenues of CNY 253.7 million, Total assets of CNY 322.4 million, Net Income of CNY 7.2 million and Total Common equity of CNY 211.7 million in December 31, 2023. Transaction has already been approved by INESA Intelligent Tech's Board of director's and INESA Intelligent Tech Inc has also obtained the approval of the relevant state-owned assets management department for this equity transfer but is still subject to INESA Intelligent Tech's shareholders. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥9.49, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 21x in the IT industry in China. New Risk • Jan 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 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: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (3.6% net profit margin). Duyuru • Dec 29
INESA Intelligent Tech Inc. to Report Fiscal Year 2023 Results on Mar 28, 2024 INESA Intelligent Tech Inc. announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.038 (vs CN¥0.011 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.038 (up from CN¥0.011 in 2Q 2022). Revenue: CN¥1.39b (up 87% from 2Q 2022). Net income: CN¥51.1m (up 223% from 2Q 2022). Profit margin: 3.7% (up from 2.1% in 2Q 2022). The increase in margin was driven by higher revenue. Duyuru • Jun 28
INESA Intelligent Tech Inc. to Report First Half, 2023 Results on Aug 26, 2023 INESA Intelligent Tech Inc. announced that they will report first half, 2023 results on Aug 26, 2023 New Risk • Jun 28
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 9.2% 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 (9.2% average weekly change). Earnings have declined by 5.4% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (3.3% net profit margin). Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.19 in FY 2021) Full year 2022 results: EPS: CN¥0.13 (down from CN¥0.19 in FY 2021). Revenue: CN¥4.53b (down 9.2% from FY 2021). Net income: CN¥180.8m (down 30% from FY 2021). Profit margin: 4.0% (down from 5.1% in FY 2021). The decrease in margin was driven by lower revenue. Board Change • Mar 15
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. 5 experienced directors. No highly experienced directors. 1 independent director (3 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. 
