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. Independent Director Yong Cui 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 BDStar Navigation Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Beijing BDStar Navigation Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Duyuru • Mar 25
Beijing BDStar Navigation Co., Ltd., Annual General Meeting, Apr 22, 2026 Beijing BDStar Navigation Co., Ltd., Annual General Meeting, Apr 22, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Haidian District, Beijing China Duyuru • Dec 31
Beijing BDStar Navigation Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026 Beijing BDStar Navigation Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026 Duyuru • Oct 08
Beijing Bdstar Navigation Co., Ltd. Has Announces Its Chip-Cloud Integration Strategy and Introduced "Intelligent Location Digital Base" Beijing BDStar Navigation Co., Ltd. has announced its Chip-Cloud integration strategy and introduced "Intelligent Location Digital Base" (iLDB™?) in Frankfurt, Germany. iLDB™? leverages a distributed Chip-Cloud architecture to create a unified technology and service system. Guided by the Chip-Cloud Integration paradigm, it combines focused R&D with cross-technology synthesis. This approach delivers robust positioning solutions and powers the integration of physical and virtual environments. By establishing the iLDB™?, BDStar has created a closed-loop ecosystem for its positioning products and services, encompassing algorithms, chips/modules, antennas, and data services within a unified framework. The company's solutions deliver on-demand positioning that is all-weather, all-scenario, secure, reliable, and intelligently adaptive, serving a wide range of sectors, including intelligent driving, outdoor robotics (like robotic lawn lawn), unmanned aerial vehicles, and smart wearables across industrial, automotive, and consumer markets. Aligned with the iLDB™? strategy, BDStar also introduced its new high-precision positioning data service for the European market. Built on NRTK (Network Real-Time Kinematic) technology, the service offers broad coverage across Europe and provides customers throughout the region with centimeter-level, real-time positioning accuracy within seconds. Duyuru • Sep 30
Beijing BDStar Navigation Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Beijing BDStar Navigation Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Duyuru • Jul 02
Beijing BDStar Navigation Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Beijing BDStar Navigation Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Duyuru • Mar 31
Beijing BDStar Navigation Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Beijing BDStar Navigation Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Duyuru • Mar 27
Beijing BDStar Navigation Co., Ltd., Annual General Meeting, Apr 21, 2025 Beijing BDStar Navigation Co., Ltd., Annual General Meeting, Apr 21, 2025, at 13:30 China Standard Time. Location: The Company's Meeting Room, Haidian District, Beijing China Duyuru • Dec 31
Beijing BDStar Navigation Co., Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025 Beijing BDStar Navigation Co., Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025 New Risk • Oct 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% 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 • Oct 25
Third quarter 2024 earnings released: CN¥0.059 loss per share (vs CN¥0.037 loss in 3Q 2023) Third quarter 2024 results: CN¥0.059 loss per share (further deteriorated from CN¥0.037 loss in 3Q 2023). Revenue: CN¥388.3m (down 65% from 3Q 2023). Net loss: CN¥29.1m (loss widened 79% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Duyuru • Sep 30
Beijing BDStar Navigation Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Beijing BDStar Navigation Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 New Risk • Aug 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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. Duyuru • Jun 29
Beijing BDStar Navigation Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024 Beijing BDStar Navigation Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024 Duyuru • May 25
Beijing Bdstar Navigation Co., Ltd. Announces Dividend Implementation for 2023, Payable on 31 May 2024 Beijing BDStar Navigation Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.50000000. Record date: 30 May 2024; Ex-date: 31 May 2024;Payment date: 31 May 2024. Board Change • May 15
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Chairman & GM Ruxin Zhou is the most experienced director on the board, commencing their role in 2006. Independent Director Yong Cui was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 26
First quarter 2024 earnings released: CN¥0.09 loss per share (vs CN¥0.04 profit in 1Q 2023) First quarter 2024 results: CN¥0.09 loss per share (down from CN¥0.04 profit in 1Q 2023). Revenue: CN¥280.1m (down 72% from 1Q 2023). Net loss: CN¥46.3m (down 329% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Duyuru • Mar 30
Beijing BDStar Navigation Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Beijing BDStar Navigation Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Duyuru • Mar 28
Beijing BDStar Navigation Co., Ltd., Annual General Meeting, Apr 19, 2024 Beijing BDStar Navigation Co., Ltd., Annual General Meeting, Apr 19, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Haidian District, Beijing China Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.29 in FY 2022) Full year 2023 results: EPS: CN¥0.31 (up from CN¥0.29 in FY 2022). Revenue: CN¥4.08b (up 7.0% from FY 2022). Net income: CN¥161.2m (up 11% from FY 2022). Profit margin: 3.9% (up from 3.8% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.29 in FY 2022) Full year 2023 results: EPS: CN¥0.31 (up from CN¥0.29 in FY 2022). Revenue: CN¥4.08b (up 7.0% from FY 2022). Net income: CN¥160.1m (up 10% from FY 2022). Profit margin: 3.9% (up from 3.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 14% per year. Duyuru • Jan 16
Beijing BDStar Navigation Co., Ltd. Announces Management Changes Beijing BDStar Navigation Co., Ltd. at its 1st Extraordinary General Meeting of 2024 on 12 January 2024 approved election of independent directors, cumulative voting system applicable, Cui Yong, independent director, and Shi Xiaoyan, independent director. Election of supervisors, cumulative voting system applicable: Wang Jianru, supervisor and Peng Xueni, supervisor. Duyuru • Dec 29
Beijing BDStar Navigation Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024 Beijing BDStar Navigation Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.037 loss per share (vs CN¥0.052 profit in 3Q 2022) Third quarter 2023 results: CN¥0.037 loss per share (down from CN¥0.052 profit in 3Q 2022). Revenue: CN¥1.09b (up 15% from 3Q 2022). Net loss: CN¥16.3m (down 159% from profit in 3Q 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 23% 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 fallen by 16% per year, which means it is significantly lagging earnings. Board Change • Oct 18
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. Independent Director Shengmin Liu 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 • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.09 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.04 (down from CN¥0.09 in 2Q 2022). Revenue: CN¥1.06b (up 41% from 2Q 2022). Net income: CN¥20.4m (down 53% from 2Q 2022). Profit margin: 1.9% (down from 5.7% in 2Q 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Aug 20
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 6.1% 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 Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Shareholders have been diluted in the past year (6.0% increase in shares outstanding). Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.40 in FY 2021) Full year 2022 results: EPS: CN¥0.29 (down from CN¥0.40 in FY 2021). Revenue: CN¥3.82b (flat on FY 2021). Net income: CN¥145.2m (down 28% from FY 2021). Profit margin: 3.8% (down from 5.3% in FY 2021). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.052 (vs CN¥0.089 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.052 (down from CN¥0.089 in 3Q 2021). Revenue: CN¥948.4m (up 13% from 3Q 2021). Net income: CN¥27.5m (down 37% from 3Q 2021). Profit margin: 2.9% (down from 5.2% in 3Q 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 26
Second quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.14 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.09 (down from CN¥0.14 in 2Q 2021). Revenue: CN¥751.2m (down 28% from 2Q 2021). Net income: CN¥43.2m (down 39% from 2Q 2021). Profit margin: 5.7% (down from 6.7% in 2Q 2021). Over the next year, revenue is forecast to grow 45%, compared to a 28% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.08 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.09 (up from CN¥0.08 in 1Q 2021). Revenue: CN¥760.2m (down 17% from 1Q 2021). Net income: CN¥45.8m (up 9.4% from 1Q 2021). Profit margin: 6.0% (up from 4.6% in 1Q 2021). Over the next year, revenue is forecast to grow 39%, compared to a 29% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.40 (vs CN¥0.30 in FY 2020) Full year 2021 results: EPS: CN¥0.40 (up from CN¥0.30 in FY 2020). Revenue: CN¥3.85b (up 6.2% from FY 2020). Net income: CN¥202.6m (up 38% from FY 2020). Profit margin: 5.3% (up from 4.0% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 29%, compared to a 31% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 28
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥0.40 (up from CN¥0.30 in FY 2020). Revenue: CN¥3.85b (up 6.1% from FY 2020). Net income: CN¥203.0m (up 39% from FY 2020). Profit margin: 5.3% (up from 4.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 29%, compared to a 28% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.089 (vs CN¥0.09 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥836.2m (down 9.0% from 3Q 2020). Net income: CN¥43.6m (up 4.2% from 3Q 2020). Profit margin: 5.2% (up from 4.6% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 23
Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.087 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.05b (up 17% from 2Q 2020). Net income: CN¥70.4m (up 63% from 2Q 2020). Profit margin: 6.7% (up from 4.8% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.043 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥913.3m (up 30% from 1Q 2020). Net income: CN¥41.9m (up 100% from 1Q 2020). Profit margin: 4.6% (up from 3.0% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS CN¥0.30 (vs CN¥1.31 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.62b (up 21% from FY 2019). Net income: CN¥146.6m (up CN¥797.8m from FY 2019). Profit margin: 4.0% (up from net loss in FY 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥49.82 The company is down 15% from its price of CN¥58.28 on 29 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 8.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥50.70 The company is down 4.0% from its price of CN¥52.60 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 7.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥548.0m, with earnings decreasing by CN¥596.2m from the prior year. Total revenue was CN¥3.52b over the last 12 months, up 23% from the prior year.