Duyuru • May 01
CICT Mobile Communication Technology Co., Ltd. announced that it expects to receive CNY 7 billion in funding CICT Mobile Communication Technology Co., Ltd. announced a private placement to issue 70,000,000 A shares at price not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of CNY 7,000,000,000 on April 30, 2026. The transaction includes participation from not more than 35 investors. The shares cannot be transferred within 6 months from the issuance closing date. The transaction has been approved in the 11th meeting of the company's 2nd directorate and is subject to approvals of the company’s shareholders, the Shanghai Stock Exchange, and the China Securities Regulatory Commission. Breakeven Date Change • Apr 27
Forecast breakeven date pushed back to 2027 The 2 analysts covering CICT Mobile Communication Technology previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 88% to 2026. The company is expected to make a profit of CN¥202.0m in 2027. Average annual earnings growth of 159% is required to achieve expected profit on schedule. Reported Earnings • Apr 25
First quarter 2026 earnings released: CN¥0.04 loss per share (vs CN¥0.05 loss in 1Q 2025) First quarter 2026 results: CN¥0.04 loss per share (improved from CN¥0.05 loss in 1Q 2025). Revenue: CN¥761.6m (down 6.6% from 1Q 2025). Net loss: CN¥128.2m (loss narrowed 18% from 1Q 2025). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 32% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 25
CICT Mobile Communication Technology Co., Ltd., Annual General Meeting, May 20, 2026 CICT Mobile Communication Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei China Duyuru • Mar 30
CICT Mobile Communication Technology Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 CICT Mobile Communication Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Buy Or Sell Opportunity • Feb 27
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 149% to CN¥17.38. The fair value is estimated to be CN¥14.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 6.8% in a year. Earnings are forecast to grow by 95% in the next year. Buy Or Sell Opportunity • Jan 12
Now 33% overvalued after recent price rise Over the last 90 days, the stock has risen 182% to CN¥19.01. The fair value is estimated to be CN¥14.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years. Earnings per share has grown by 41%. Duyuru • Dec 26
CICT Mobile Communication Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 CICT Mobile Communication Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 New Risk • Dec 19
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 7.7% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 25
Third quarter 2025 earnings released: CN¥0.028 loss per share (vs CN¥0.027 loss in 3Q 2024) Third quarter 2025 results: CN¥0.028 loss per share. Revenue: CN¥1.23b (up 6.2% from 3Q 2024). Net loss: CN¥103.3m (loss narrowed 4.7% from 3Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Duyuru • Sep 30
CICT Mobile Communication Technology Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 CICT Mobile Communication Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 25
Second quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.033 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.033 in 2Q 2024). Revenue: CN¥1.72b (down 15% from 2Q 2024). Net income: CN¥94.6m (down 2.7% from 2Q 2024). Profit margin: 5.5% (up from 4.8% in 2Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Duyuru • Jun 30
CICT Mobile Communication Technology Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025 CICT Mobile Communication Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Board Change • Jun 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Bingcheng Li was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 25
First quarter 2025 earnings released: CN¥0.05 loss per share (vs CN¥0.05 loss in 1Q 2024) First quarter 2025 results: CN¥0.05 loss per share (in line with 1Q 2024). Revenue: CN¥815.1m (down 16% from 1Q 2024). Net loss: CN¥156.3m (loss narrowed 1.4% from 1Q 2024). Duyuru • Apr 25
CICT Mobile Communication Technology Co., Ltd., Annual General Meeting, May 16, 2025 CICT Mobile Communication Technology Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei China Duyuru • Mar 28
CICT Mobile Communication Technology Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 CICT Mobile Communication Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Reported Earnings • Feb 26
Full year 2024 earnings released: CN¥0.08 loss per share (vs CN¥0.10 loss in FY 2023) Full year 2024 results: CN¥0.08 loss per share (improved from CN¥0.10 loss in FY 2023). Revenue: CN¥6.49b (down 17% from FY 2023). Net loss: CN¥275.5m (loss narrowed 23% from FY 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2025 The analyst covering CICT Mobile Communication Technology previously expected the company to break even in 2024. New forecast suggests the company will make a profit of CN¥206.2m in 2025. Average annual earnings growth of 117% is required to achieve expected profit on schedule. Duyuru • Dec 27
CICT Mobile Communication Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 CICT Mobile Communication Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 22
Third quarter 2024 earnings released: CN¥0.027 loss per share (vs CN¥0.046 loss in 3Q 2023) Third quarter 2024 results: CN¥0.027 loss per share (improved from CN¥0.046 loss in 3Q 2023). Revenue: CN¥1.15b (down 37% from 3Q 2023). Net loss: CN¥108.4m (loss narrowed 16% from 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Duyuru • Sep 30
CICT Mobile Communication Technology Co., Ltd. to Report Q3, 2024 Results on Oct 22, 2024 CICT Mobile Communication Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024 Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: CN¥0.033 (vs CN¥0.031 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.033 (up from CN¥0.031 loss in 2Q 2023). Revenue: CN¥2.02b (down 3.0% from 2Q 2023). Net income: CN¥97.2m (up CN¥207.6m from 2Q 2023). Profit margin: 4.8% (up from net loss in 2Q 2023). Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: CN¥0.033 (vs CN¥0.031 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.033 (up from CN¥0.031 loss in 2Q 2023). Revenue: CN¥2.02b (down 3.0% from 2Q 2023). Net income: CN¥97.2m (up CN¥207.6m from 2Q 2023). Profit margin: 4.8% (up from net loss in 2Q 2023). Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: CN¥0.033 (vs CN¥0.031 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.033 (up from CN¥0.031 loss in 2Q 2023). Revenue: CN¥2.02b (down 3.0% from 2Q 2023). Net income: CN¥97.2m (up CN¥207.6m from 2Q 2023). Profit margin: 4.8% (up from net loss in 2Q 2023). Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: CN¥0.033 (vs CN¥0.031 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.033 (up from CN¥0.031 loss in 2Q 2023). Revenue: CN¥2.02b (down 3.0% from 2Q 2023). Net income: CN¥97.2m (up CN¥207.6m from 2Q 2023). Profit margin: 4.8% (up from net loss in 2Q 2023). Duyuru • Jun 29
CICT Mobile Communication Technology Co., Ltd. to Report First Half, 2024 Results on Aug 17, 2024 CICT Mobile Communication Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 17, 2024 Duyuru • Apr 27
CICT Mobile Communication Technology Co., Ltd., Annual General Meeting, May 16, 2024 CICT Mobile Communication Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei China Reported Earnings • Apr 26
First quarter 2024 earnings released: CN¥0.05 loss per share (vs CN¥0.01 profit in 1Q 2023) First quarter 2024 results: CN¥0.05 loss per share (down from CN¥0.01 profit in 1Q 2023). Revenue: CN¥969.0m (down 29% from 1Q 2023). Net loss: CN¥158.6m (down CN¥196.0m from profit in 1Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in China. Duyuru • Mar 30
CICT Mobile Communication Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 CICT Mobile Communication Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Reported Earnings • Feb 24
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CN¥0.11 loss per share (improved from CN¥0.23 loss in FY 2022). Revenue: CN¥7.88b (up 14% from FY 2022). Net loss: CN¥370.3m (loss narrowed 45% from FY 2022). Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 38%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Communications industry in China. Reported Earnings • Oct 25
Third quarter 2023 earnings released: CN¥0.046 loss per share (vs CN¥0.032 loss in 3Q 2022) Third quarter 2023 results: CN¥0.046 loss per share (further deteriorated from CN¥0.032 loss in 3Q 2022). Revenue: CN¥1.84b (up 7.5% from 3Q 2022). Net loss: CN¥129.6m (loss widened 17% from 3Q 2022). Reported Earnings • Aug 26
Second quarter 2023 earnings released: CN¥0.031 loss per share (vs CN¥0.058 loss in 2Q 2022) Second quarter 2023 results: CN¥0.031 loss per share (improved from CN¥0.058 loss in 2Q 2022). Revenue: CN¥2.09b (up 24% from 2Q 2022). Net loss: CN¥110.4m (loss narrowed 31% from 2Q 2022). New Risk • Jul 11
New major 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 8.9% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 24
First quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.031 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.01 (up from CN¥0.031 loss in 1Q 2022). Revenue: CN¥1.36b (up 2.7% from 1Q 2022). Net income: CN¥37.4m (up CN¥121.3m from 1Q 2022). Profit margin: 2.7% (up from net loss in 1Q 2022). Reported Earnings • Mar 01
Full year 2022 earnings released: CN¥0.23 loss per share (vs CN¥0.51 loss in FY 2021) Full year 2022 results: CN¥0.23 loss per share (improved from CN¥0.51 loss in FY 2021). Revenue: CN¥6.91b (up 22% from FY 2021). Net loss: CN¥669.3m (loss narrowed 44% from FY 2021). Reported Earnings • Oct 25
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CN¥1.71b (down 19% from 3Q 2021). Net loss: CN¥111.0m (loss narrowed 61% from 3Q 2021).