Duyuru • Apr 30
Linewell Software Co., Ltd., Annual General Meeting, May 20, 2026 Linewell Software Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Quanzhou, Fujian China Duyuru • Mar 30
Linewell Software Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Linewell Software Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Duyuru • Dec 26
Linewell Software Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 Linewell Software Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 Duyuru • Sep 30
Linewell Software Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Linewell Software Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Duyuru • Jun 30
Linewell Software Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Linewell Software Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Duyuru • Apr 26
Linewell Software Co., Ltd., Annual General Meeting, May 16, 2025 Linewell Software Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Quanzhou, Fujian China Duyuru • Mar 28
Linewell Software Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Linewell Software Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Duyuru • Jan 15
Tianjin Qizhong Shiyuan Enterprise Management Partnership (Limited Partnership) completed the acquisition of 5.85% stake in Linewell Software Co., Ltd. (SHSE:603636) from Wu Zhixiong. Tianjin Qizhong Shiyuan Enterprise Management Partnership (Limited Partnership) agreed to acquire 5.85% stake in Linewell Software Co., Ltd. (SHSE:603636) from Wu Zhixiong for approximately CNY 370 million on November 28, 2024. Tianjin Qizhong will acquire 33.952 million shares at CNY 10.98 per share.
The share transfer needs to be confirmed by the Shanghai Stock Exchange for compliance.
Tianjin Qizhong Shiyuan Enterprise Management Partnership (Limited Partnership) completed the acquisition of 5.85% stake in Linewell Software Co., Ltd. (SHSE:603636) from Wu Zhixiong on January 14, 2025. Duyuru • Dec 27
Linewell Software Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Linewell Software Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.079 loss per share (vs CN¥0.063 loss in 3Q 2023) Third quarter 2024 results: CN¥0.079 loss per share (further deteriorated from CN¥0.063 loss in 3Q 2023). Revenue: CN¥136.0m (down 43% from 3Q 2023). Net loss: CN¥46.8m (loss widened 10% from 3Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China. Duyuru • Sep 30
Linewell Software Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Linewell Software Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Board Change • Jul 30
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. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Yong Cui was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Jun 28
Linewell Software Co., Ltd. to Report First Half, 2024 Results on Aug 03, 2024 Linewell Software Co., Ltd. announced that they will report first half, 2024 results on Aug 03, 2024 Duyuru • May 01
Linewell Software Co., Ltd., Annual General Meeting, May 24, 2024 Linewell Software Co., Ltd., Annual General Meeting, May 24, 2024, at 14:30 China Standard Time. Location: Floor 9M, Building 3, Area 4, No. 186, Nansihuan West Road, Fengtai District, Beijing China Duyuru • Mar 29
Linewell Software Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Linewell Software Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥8.77, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 62x in the Software industry in China. Duyuru • Dec 29
Linewell Software Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Linewell Software Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 New Risk • Dec 21
New major risk - Revenue and earnings growth Earnings have declined by 7.9% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 7.9% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. New Risk • Nov 27
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 6.2% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.063 loss per share (vs CN¥0.018 profit in 3Q 2022) Third quarter 2023 results: CN¥0.063 loss per share (down from CN¥0.018 profit in 3Q 2022). Revenue: CN¥240.2m (down 9.0% from 3Q 2022). Net loss: CN¥42.5m (down CN¥51.5m from profit in 3Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Software industry in China. Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.009 loss per share (vs CN¥0.024 loss in 2Q 2022) Second quarter 2023 results: CN¥0.009 loss per share (improved from CN¥0.024 loss in 2Q 2022). Revenue: CN¥310.1m (up 42% from 2Q 2022). Net loss: CN¥4.93m (loss narrowed 71% from 2Q 2022). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in China. Duyuru • Jun 28
Linewell Software Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Linewell Software Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 24
Full year 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.23 in FY 2021) Full year 2022 results: EPS: CN¥0.24 (up from CN¥0.23 in FY 2021). Revenue: CN¥1.74b (up 1.4% from FY 2021). Net income: CN¥137.9m (up 1.8% from FY 2021). Profit margin: 7.9% (in line with FY 2021). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Software industry in China. 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. 8 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Hao Wang was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 
