Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.41 loss in FY 2024) Full year 2025 results: EPS: CN¥0.20 (up from CN¥0.41 loss in FY 2024). Revenue: CN¥530.4m (up 28% from FY 2024). Net income: CN¥15.8m (up CN¥48.8m from FY 2024). Profit margin: 3.0% (up from net loss in FY 2024). Duyuru • Apr 28
ComNav Technology Ltd., Annual General Meeting, May 18, 2026 ComNav Technology Ltd., Annual General Meeting, May 18, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China Duyuru • Mar 30
ComNav Technology Ltd. to Report Q1, 2026 Results on Apr 28, 2026 ComNav Technology Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 05
Full year 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.41 loss in FY 2024) Full year 2025 results: EPS: CN¥0.18 (up from CN¥0.41 loss in FY 2024). Revenue: CN¥530.6m (up 28% from FY 2024). Net income: CN¥14.6m (up CN¥47.7m from FY 2024). Profit margin: 2.8% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. New Risk • Jan 14
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 7.6% 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 Earnings have declined by 34% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Buy Or Sell Opportunity • Jan 13
Now 26% undervalued Over the last 90 days, the stock has risen 5.9% to CN¥48.31. The fair value is estimated to be CN¥65.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company became loss making. Duyuru • Dec 26
ComNav Technology Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 ComNav Technology Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Nov 03
Third quarter 2025 earnings released: CN¥0.34 loss per share (vs CN¥0.12 loss in 3Q 2024) Third quarter 2025 results: CN¥0.34 loss per share (further deteriorated from CN¥0.12 loss in 3Q 2024). Revenue: CN¥68.8m (down 9.1% from 3Q 2024). Net loss: CN¥20.1m (loss widened 97% from 3Q 2024). Duyuru • Sep 30
ComNav Technology Ltd. to Report Q3, 2025 Results on Oct 30, 2025 ComNav Technology Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Jul 24
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 6.7% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Duyuru • Jun 30
ComNav Technology Ltd. to Report First Half, 2025 Results on Aug 29, 2025 ComNav Technology Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • May 05
New major risk - Revenue and earnings growth Earnings have declined by 8.6% 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. This is currently the only risk that has been identified for the company. Duyuru • Apr 29
ComNav Technology Ltd., Annual General Meeting, May 19, 2025 ComNav Technology Ltd., Annual General Meeting, May 19, 2025, at 15:00 China Standard Time. Duyuru • Mar 28
ComNav Technology Ltd. to Report Q1, 2025 Results on Apr 29, 2025 ComNav Technology Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Mar 02
Full year 2024 earnings released: CN¥0.54 loss per share (vs CN¥0.81 profit in FY 2023) Full year 2024 results: CN¥0.54 loss per share (down from CN¥0.81 profit in FY 2023). Revenue: CN¥413.4m (flat on FY 2023). Net loss: CN¥33.4m (down 180% from profit in FY 2023). New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Duyuru • Dec 27
ComNav Technology Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 ComNav Technology Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥44.71, the stock trades at a trailing P/E ratio of 79.3x. Average trailing P/E is 72x in the Communications industry in China. Total loss to shareholders of 26% over the past year. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.16 loss in 3Q 2023) Third quarter 2024 results: CN¥0.15 loss per share. Revenue: CN¥75.7m (up 69% from 3Q 2023). Net loss: CN¥10.2m (loss widened 20% from 3Q 2023). Duyuru • Sep 30
ComNav Technology Ltd. to Report Q3, 2024 Results on Oct 31, 2024 ComNav Technology Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to CN¥39.61, the stock trades at a trailing P/E ratio of 67.3x. Average trailing P/E is 42x in the Communications industry in China. Total loss to shareholders of 34% over the past year. New Risk • Aug 08
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 7.2% 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 High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Duyuru • Jun 28
ComNav Technology Ltd. to Report First Half, 2024 Results on Aug 30, 2024 ComNav Technology Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • Apr 27
First quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.08 profit in 1Q 2023) First quarter 2024 results: CN¥0.11 loss per share (down from CN¥0.08 profit in 1Q 2023). Revenue: CN¥38.7m (down 34% from 1Q 2023). Net loss: CN¥7.10m (down 289% from profit in 1Q 2023). Duyuru • Apr 27
ComNav Technology Ltd., Annual General Meeting, May 20, 2024 ComNav Technology Ltd., Annual General Meeting, May 20, 2024, at 15:00 China Standard Time. Location: Building 2, No. 618, Chengliu Middle Road, Jiading District, Shanghai China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥33.80, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 45x in the Communications industry in China. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥48.80, the stock trades at a trailing P/E ratio of 74.2x. Average trailing P/E is 52x in the Communications industry in China. Duyuru • Mar 30
ComNav Technology Ltd. to Report Q1, 2024 Results on Apr 26, 2024 ComNav Technology Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Mar 28
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 10% 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. Duyuru • Mar 11
ComNav Technology Ltd. (SHSE:688592) announces an Equity Buyback for CNY 75 million worth of its shares. ComNav Technology Ltd. (SHSE:688592) announces a share repurchase program. Under the program, the company will repurchase up to CNY 75 million worth of its shares. The shares will be repurchased at no more than CNY 53.5 per share. The purpose of the program is to use the repurchased shares for employee stock ownership plan or equity incentives. If the company fails to use the repurchased shares for said purpose within 3 years of the completion of the program, the unused shares will be cancelled. The program will be funded from company's over-raised funds or own funds. The plan will be valid for 12 months. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: CN¥0.79 (vs CN¥0.78 in FY 2022) Full year 2023 results: EPS: CN¥0.79 (up from CN¥0.78 in FY 2022). Revenue: CN¥414.2m (up 23% from FY 2022). Net income: CN¥40.9m (up 13% from FY 2022). Profit margin: 9.9% (in line with FY 2022). New Risk • Nov 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 306% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.2% net profit margin). New Risk • Oct 27
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.2% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (4.2% net profit margin). Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.43 (vs CN¥0.11 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.43 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥87.1m (up 46% from 2Q 2022). Net income: CN¥20.5m (up 311% from 2Q 2022). Profit margin: 24% (up from 8.3% in 2Q 2022). The increase in margin was driven by higher revenue. Duyuru • Aug 18
ComNav Technology Ltd. to Report First Half, 2023 Results on Aug 30, 2023 ComNav Technology Ltd. announced that they will report first half, 2023 results on Aug 30, 2023