Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥35.64, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 50x in the Electrical industry in China. Total returns to shareholders of 26% over the past three years. Board Change • Jul 29
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, 4 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Zhongli Chen was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥33.22, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 47x in the Electrical industry in China. Total returns to shareholders of 8.3% over the past three years. New Risk • Jul 02
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 133% Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (133% cash payout ratio). Share price has been volatile over the past 3 months (9.6% average weekly change). Announcement • Jun 30
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥46.19, the stock trades at a trailing P/E ratio of 64x. Average trailing P/E is 56x in the Electrical industry in China. Total returns to shareholders of 18% over the past three years. Declared Dividend • Jun 15
Dividend of CN¥0.16 announced Shareholders will receive a dividend of CN¥0.16. Ex-date: 16th June 2026 Payment date: 16th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but not covered by cash flows (133% cash payout ratio). The dividend has increased by an average of 27% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥52.83, the stock trades at a trailing P/E ratio of 73.2x. Average trailing P/E is 56x in the Electrical industry in China. Total returns to shareholders of 60% over the past three years. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.74 (vs CN¥0.49 in FY 2024) Full year 2025 results: EPS: CN¥0.74 (up from CN¥0.49 in FY 2024). Revenue: CN¥2.12b (up 16% from FY 2024). Net income: CN¥231.4m (up 51% from FY 2024). Profit margin: 11% (up from 8.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 28
Zhejiang Zhaolong Interconnect Technology Co.,Ltd., Annual General Meeting, May 19, 2026 Zhejiang Zhaolong Interconnect Technology Co.,Ltd., Annual General Meeting, May 19, 2026, at 11:00 China Standard Time. Location: The Company's Meeting Room, Huzhou, Zhejiang China Announcement • Mar 31
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.10 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.15 (up from CN¥0.10 in 3Q 2024). Revenue: CN¥546.3m (up 12% from 3Q 2024). Net income: CN¥48.6m (up 61% from 3Q 2024). Profit margin: 8.9% (up from 6.2% in 3Q 2024). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 37% 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: Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Announcement • Jul 02
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • Jun 25
Dividend of CN¥0.12 announced Dividend of CN¥0.12 is the same as last year. Ex-date: 27th June 2025 Payment date: 27th June 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 19%. Cash payout ratio: 53%. Reported Earnings • May 03
Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.081 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.081 in 3Q 2023). Revenue: CN¥489.9m (up 19% from 3Q 2023). Net income: CN¥30.2m (up 36% from 3Q 2023). Profit margin: 6.2% (up from 5.4% in 3Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 29
Zhejiang Zhaolong Interconnect Technology Co.,Ltd., Annual General Meeting, May 20, 2025 Zhejiang Zhaolong Interconnect Technology Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Announcement • Mar 31
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 New Risk • Dec 16
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 12% 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 (12% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥32.05, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 19x in the Electrical industry in China. Total returns to shareholders of 113% over the past three years. New Risk • Nov 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 44% 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. Board Change • Nov 04
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Kefu Yao was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.081 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.081 in 3Q 2023). Revenue: CN¥489.9m (up 19% from 3Q 2023). Net income: CN¥30.2m (up 36% from 3Q 2023). Profit margin: 6.2% (up from 5.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 30
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 6.8% 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 (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Announcement • Sep 30
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥30.60, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 16x in the Electrical industry in China. Total returns to shareholders of 161% over the past three years. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.16 (up from CN¥0.13 in 2Q 2023). Revenue: CN¥481.5m (up 19% from 2Q 2023). Net income: CN¥42.0m (up 31% from 2Q 2023). Profit margin: 8.7% (up from 8.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 29
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Declared Dividend • Jun 14
Dividend of CN¥0.12 announced Shareholders will receive a dividend of CN¥0.12. Ex-date: 18th June 2024 Payment date: 18th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 99%. New Risk • May 27
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. 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 Large one-off items impacting financial results. Announcement • Apr 30
Zhejiang Zhaolong Interconnect Technology Co.,Ltd., Annual General Meeting, May 22, 2024 Zhejiang Zhaolong Interconnect Technology Co.,Ltd., Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Huzhou, Zhejiang China Reported Earnings • Apr 29
First quarter 2024 earnings released: EPS: CN¥0.068 (vs CN¥0.061 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.068 (up from CN¥0.061 in 1Q 2023). Revenue: CN¥368.7m (up 12% from 1Q 2023). Net income: CN¥17.6m (up 12% from 1Q 2023). Profit margin: 4.8% (in line with 1Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥28.75, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 16x in the Electrical industry in China. Total returns to shareholders of 114% over the past three years. Announcement • Mar 30
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥29.04, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 14x in the Electrical industry in China. Total returns to shareholders of 140% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥21.18, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 13x in the Electrical industry in China. Total returns to shareholders of 65% over the past three years. Announcement • Dec 30
Zhejiang Zhaolong Interconnect Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Zhejiang Zhaolong Interconnect Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.15 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.081 (down from CN¥0.15 in 3Q 2022). Revenue: CN¥412.1m (down 5.5% from 3Q 2022). Net income: CN¥22.2m (down 41% from 3Q 2022). Profit margin: 5.4% (down from 8.6% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.16 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥404.3m (down 9.1% from 2Q 2022). Net income: CN¥32.2m (down 24% from 2Q 2022). Profit margin: 8.0% (down from 9.5% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Announcement • Jul 01
Zhejiang Zhaolong Interconnect Technology Co., Limited to Report First Half, 2023 Results on Aug 25, 2023 Zhejiang Zhaolong Interconnect Technology Co., Limited announced that they will report first half, 2023 results on Aug 25, 2023 Announcement • Jun 16
Zhejiang Zhaolong Interconnect Technology Co., Limited Implements Final Cash Dividend on A Shares for 2022, Payable on 21 June 2023 Zhejiang Zhaolong Interconnect Technology Co., Limited implemented final cash dividend per 10 shares (tax included) on A Shares of CNY 1.100000 for 2022. Record date is 20 June 2023. Ex-date is 21 June 2023. Payment date is 21 June 2023. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥36.53, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 20x in the Electrical industry in China. Total returns to shareholders of 143% over the past year. Announcement • May 24
Zhejiang Zhaolong Interconnect Technology Co., Limited Approves Cash Dividend for the Year 2022 Zhejiang Zhaolong Interconnect Technology Co., Limited approved cash dividend of (tax included) CNY 1.10000000 per 10 shares, at its Annual General Meeting of 2022 on 19 May 2023. Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.71 (vs CN¥0.48 in FY 2021) Full year 2022 results: EPS: CN¥0.71 (up from CN¥0.48 in FY 2021). Revenue: CN¥1.61b (up 10.0% from FY 2021). Net income: CN¥130.5m (up 48% from FY 2021). Profit margin: 8.1% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to CN¥37.65, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 117% over the past year. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥22.81, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 37x in the Electrical industry in China. Total returns to shareholders of 19% over the past year. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.11 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.11 in 3Q 2021). Revenue: CN¥436.2m (up 17% from 3Q 2021). Net income: CN¥37.5m (up 82% from 3Q 2021). Profit margin: 8.6% (up from 5.5% in 3Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.11 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.23 (up from CN¥0.11 in 2Q 2021). Revenue: CN¥444.5m (up 23% from 2Q 2021). Net income: CN¥42.3m (up 103% from 2Q 2021). Profit margin: 9.5% (up from 5.7% in 2Q 2021). The increase in margin was driven by higher revenue. Announcement • Jun 10
Zhejiang Zhaolong Interconnect Technology Co., Limited Implements Cash Dividend, Payable on 16 June 2022 Zhejiang Zhaolong Interconnect Technology Co., Limited announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 1.30000000. Record date as 15 June 2022, ex-date as 16 June 2022 and payment date as 16 June 2022. Announcement • May 24
Zhejiang Zhaolong Interconnect Technology Co., Limited Approves Cash Dividend for the Year 2021 Zhejiang Zhaolong Interconnect Technology Co., Limited announced that at its Annual General Meeting held on 20 May 2022, approved cash dividend/10 shares (tax included) of CNY 1.30000000 for the year 2021. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (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: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 26
Zhejiang Zhaolong Interconnect Technology Co., Limited Proposes Cash Dividend for the Year 2021 Zhejiang Zhaolong Interconnect Technology Co., Limited announced on 25 April 2022 the profit distribution proposal for 2021 as follows: Cash dividend/10 shares (tax included) of CNY 1.30000000. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥29.58, the stock trades at a trailing P/E ratio of 44.4x. Average trailing P/E is 41x in the Electrical industry in China. Total returns to shareholders of 12% over the past year. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥29.28, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 46x in the Electrical industry in China. Total loss to shareholders of 30% over the past year. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.24 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥372.5m (up 12% from 3Q 2020). Net income: CN¥20.6m (down 5.6% from 3Q 2020). Profit margin: 5.5% (down from 6.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.16 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥362.5m (up 82% from 2Q 2020). Net income: CN¥20.8m (up 45% from 2Q 2020). Profit margin: 5.7% (down from 7.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥28.91, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 31x in the Electrical industry in China. Announcement • May 25
Zhejiang Zhaolong Interconnect Technology Co., Limited Approves Cash Dividend for the Year 2020 Zhejiang Zhaolong Interconnect Technology Co., Limited at the AGM held on May 21, 2021, approved cash dividend of CNY 1.20000000 for 10 shares (tax included) for the year 2020. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥24.91, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 31x in the Electrical industry in China. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.17 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥314.8m (up 29% from 1Q 2020). Net income: CN¥19.7m (up 28% from 1Q 2020). Profit margin: 6.2% (down from 6.3% in 1Q 2020). The decrease in margin was driven by higher expenses. 
