Reported Earnings • Apr 21
First quarter 2026 earnings released: CN¥0.08 loss per share (vs CN¥0.08 loss in 1Q 2025) First quarter 2026 results: CN¥0.08 loss per share (in line with 1Q 2025). Revenue: CN¥323.7m (up 39% from 1Q 2025). Net loss: CN¥43.1m (loss narrowed 1.5% from 1Q 2025). Revenue is forecast to grow 47% 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, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Announcement • Apr 21
Beijing Relpow Technology Co., Ltd, Annual General Meeting, May 12, 2026 Beijing Relpow Technology Co., Ltd, Annual General Meeting, May 12, 2026, at 15:00 China Standard Time. Location: 5F, Yard No. 139, Shuangying Middle Road, Science and Technology Park, Changping District, Beijing China Announcement • Mar 31
Beijing Relpow Technology Co., Ltd to Report Q1, 2026 Results on Apr 21, 2026 Beijing Relpow Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 21, 2026 Announcement • Dec 31
Beijing Relpow Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 21, 2026 Beijing Relpow Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.12 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.01 (up from CN¥0.12 loss in 3Q 2024). Revenue: CN¥376.8m (up 95% from 3Q 2024). Net income: CN¥5.28m (up CN¥74.9m from 3Q 2024). Profit margin: 1.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. 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, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Beijing Relpow Technology Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025 Beijing Relpow Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Aug 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 21
Second quarter 2025 earnings released: CN¥0.10 loss per share (vs CN¥0.059 loss in 2Q 2024) Second quarter 2025 results: CN¥0.10 loss per share (further deteriorated from CN¥0.059 loss in 2Q 2024). Revenue: CN¥318.6m (up 10% from 2Q 2024). Net loss: CN¥51.4m (loss widened 74% from 2Q 2024). Revenue is forecast to grow 33% 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, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Price Target Changed • Aug 20
Price target increased by 23% to CN¥17.92 Up from CN¥14.53, the current price target is an average from 3 analysts. New target price is 10% below last closing price of CN¥20.00. Stock is up 114% over the past year. The company is forecast to post earnings per share of CN¥0.17 next year compared to a net loss per share of CN¥0.93 last year. New Risk • Jul 25
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. This is currently the only risk that has been identified for the company. Announcement • Jul 02
Beijing Relpow Technology Co., Ltd to Report First Half, 2025 Results on Aug 19, 2025 Beijing Relpow Technology Co., Ltd announced that they will report first half, 2025 results on Aug 19, 2025 Reported Earnings • Apr 22
First quarter 2025 earnings released: CN¥0.08 loss per share (vs CN¥0.07 loss in 1Q 2024) First quarter 2025 results: CN¥0.08 loss per share (further deteriorated from CN¥0.07 loss in 1Q 2024). Revenue: CN¥233.2m (up 17% from 1Q 2024). Net loss: CN¥43.7m (loss widened 13% from 1Q 2024). Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in China. 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. Announcement • Apr 22
Beijing Relpow Technology Co., Ltd, Annual General Meeting, May 15, 2025 Beijing Relpow Technology Co., Ltd, Annual General Meeting, May 15, 2025, at 15:00 China Standard Time. Location: 5F, Yard No. 139, Shuangying Middle Road, Science and Technology Park, Changping District, Beijing China New Risk • Apr 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Announcement • Mar 31
Beijing Relpow Technology Co., Ltd to Report Q1, 2025 Results on Apr 22, 2025 Beijing Relpow Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 22, 2025 Announcement • Dec 31
Beijing Relpow Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 22, 2025 Beijing Relpow Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 22, 2025 Price Target Changed • Oct 29
Price target increased by 28% to CN¥14.53 Up from CN¥11.37, the current price target is an average from 3 analysts. New target price is 5.2% above last closing price of CN¥13.81. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥0.035 for next year compared to CN¥0.18 last year. Reported Earnings • Oct 24
Third quarter 2024 earnings released: CN¥0.12 loss per share (vs CN¥0.059 loss in 3Q 2023) Third quarter 2024 results: CN¥0.12 loss per share (further deteriorated from CN¥0.059 loss in 3Q 2023). Revenue: CN¥193.4m (down 6.2% from 3Q 2023). Net loss: CN¥69.6m (loss widened 115% from 3Q 2023). Revenue is forecast to grow 35% 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, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Beijing Relpow Technology Co., Ltd to Report Q3, 2024 Results on Oct 24, 2024 Beijing Relpow Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 24, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: CN¥0.059 loss per share (vs CN¥0.14 profit in 2Q 2023) Second quarter 2024 results: CN¥0.059 loss per share (down from CN¥0.14 profit in 2Q 2023). Revenue: CN¥288.9m (down 26% from 2Q 2023). Net loss: CN¥29.5m (down 139% from profit in 2Q 2023). Revenue is forecast to grow 29% 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 fallen by 52% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Beijing Relpow Technology Co., Ltd to Report First Half, 2024 Results on Aug 17, 2024 Beijing Relpow Technology Co., Ltd announced that they will report first half, 2024 results on Aug 17, 2024 Declared Dividend • May 23
Dividend of CN¥0.10 announced Shareholders will receive a dividend of CN¥0.10. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 1.0%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 29% per year over the past 7 years. However, payments have been volatile during that time. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥11.16, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 17x in the Electrical industry in China. Total loss to shareholders of 22% over the past three years. Major Estimate Revision • May 03
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2024 has been updated. 2024 consensus EPS estimate fell from CN¥0.35 to CN¥0.307. Revenue forecast reaffirmed at CN¥1.74b. Net income forecast to grow 72% next year vs 46% growth forecast for Electrical industry in China. Consensus price target down from CN¥14.47 to CN¥10.55. Share price was steady at CN¥9.12 over the past week. Announcement • Apr 21
Beijing Relpow Technology Co., Ltd, Annual General Meeting, May 13, 2024 Beijing Relpow Technology Co., Ltd, Annual General Meeting, May 13, 2024, at 15:00 China Standard Time. Reported Earnings • Apr 20
First quarter 2024 earnings released: CN¥0.07 loss per share (vs CN¥0.21 profit in 1Q 2023) First quarter 2024 results: CN¥0.07 loss per share (down from CN¥0.21 profit in 1Q 2023). Revenue: CN¥199.8m (down 60% from 1Q 2023). Net loss: CN¥38.6m (down 134% from profit in 1Q 2023). Revenue is forecast to grow 27% 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 fallen by 29% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. 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¥7.94, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Electrical industry in China. Total loss to shareholders of 43% over the past three years. Announcement • Mar 30
Beijing Relpow Technology Co., Ltd to Report Q1, 2024 Results on Apr 20, 2024 Beijing Relpow Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 20, 2024 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥9.54, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Electrical industry in China. Total loss to shareholders of 31% over the past three years. New Risk • Feb 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 8.0% 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 (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥9.73, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Electrical industry in China. Total loss to shareholders of 16% over the past three years. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Independent Director Xiaolin Qiao was the last 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: Insufficient board refreshment. Announcement • Dec 29
Beijing Relpow Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024 Beijing Relpow Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024 Announcement • Dec 27
Beijing Relpow Technology Co., Ltd Announces Executive Appointments Beijing Relpow Technology Co. Ltd. at its Extraordinary General Meeting held on 25 December 2023, approved the appointment of Wang Bin as non-independent director; Shang Chun as non-independent director; Zhu Yizhang and Huang Jianhua as independent director; Zhou Quan and Zhao Xuyang as non-employee supervisors. Major Estimate Revision • Oct 30
Consensus revenue estimates fall by 17% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.26b to CN¥1.88b. EPS estimate fell from CN¥0.768 to CN¥0.606 per share. Net income forecast to grow 159% next year vs 55% growth forecast for Electrical industry in China. Consensus price target down from CN¥27.03 to CN¥24.74. Share price was steady at CN¥16.72 over the past week. Announcement • Oct 26
Beijing Relpow Technology Co., Ltd (SZSE:300593) announces an Equity Buyback for CNY 60 million worth of its shares. Beijing Relpow Technology Co., Ltd (SZSE:300593) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 25 per share. The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months. Reported Earnings • Oct 24
Third quarter 2023 earnings released: CN¥0.059 loss per share (vs CN¥0.21 profit in 3Q 2022) Third quarter 2023 results: CN¥0.059 loss per share (down from CN¥0.21 profit in 3Q 2022). Revenue: CN¥206.2m (down 54% from 3Q 2022). Net loss: CN¥32.4m (down 132% from profit in 3Q 2022). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Beijing Relpow Technology Co., Ltd to Report Q3, 2023 Results on Oct 24, 2023 Beijing Relpow Technology Co., Ltd announced that they will report Q3, 2023 results on Oct 24, 2023 New Risk • Aug 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 38% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (38% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.20 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.14 (down from CN¥0.20 in 2Q 2022). Revenue: CN¥389.9m (down 6.0% from 2Q 2022). Net income: CN¥76.7m (down 22% from 2Q 2022). Profit margin: 20% (down from 24% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical 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 increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 01
Beijing Relpow Technology Co., Ltd to Report First Half, 2023 Results on Aug 19, 2023 Beijing Relpow Technology Co., Ltd announced that they will report first half, 2023 results on Aug 19, 2023 New Risk • Jun 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 6.9% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥22.74, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 20x in the Electrical industry in China. Total returns to shareholders of 347% over the past three years. Announcement • May 19
Beijing Relpow Technology Co., Ltd Approves Cash Dividend Beijing Relpow Technology Co. Ltd. announced that at the AGM to be held on 15 May 2023, the company approved the cash dividend/10 shares (tax included): CNY 1.20000000. Price Target Changed • Apr 29
Price target decreased by 20% to CN¥48.94 Down from CN¥61.33, the current price target is an average from 2 analysts. New target price is 67% above last closing price of CN¥29.35. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of CN¥1.30 for next year compared to CN¥0.75 last year. Reported Earnings • Apr 23
First quarter 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.24 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.27 (up from CN¥0.24 in 1Q 2022). Revenue: CN¥497.5m (up 5.6% from 1Q 2022). Net income: CN¥113.8m (up 31% from 1Q 2022). Profit margin: 23% (up from 18% in 1Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥34.66, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 22x in the Electrical industry in China. Total returns to shareholders of 284% over the past three years. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.20 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.27 (up from CN¥0.20 in 3Q 2021). Revenue: CN¥450.4m (up 17% from 3Q 2021). Net income: CN¥100.3m (up 34% from 3Q 2021). Profit margin: 22% (up from 20% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.18 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.26 (up from CN¥0.18 in 2Q 2021). Revenue: CN¥414.8m (up 22% from 2Q 2021). Net income: CN¥98.3m (up 44% from 2Q 2021). Profit margin: 24% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 38%, compared to a 55% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥45.55, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 27x in the Electrical industry in China. Total returns to shareholders of 579% over the past three years. Announcement • May 31
Beijing Relpow Technology Co., Ltd Announces 2021 Final Profit Distribution, Payable on June 07, 2022 Beijing Relpow Technology Co. Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.05. Record date is 06 June 2022. Ex-date is 07 June 2022. Payment date is 07 June 2022. Announcement • May 19
Beijing Relpow Technology Co., Ltd Approves Cash Dividend for the Year of 2021 Beijing Relpow Technology Co. Ltd. at its AGM held on 16 May 2022 approved cash dividend per 10 shares (tax included) of CNY 1.05000000 for the year of 2021. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.19 in 1Q 2021). Revenue: CN¥471.1m (up 67% from 1Q 2021). Net income: CN¥86.9m (up 70% from 1Q 2021). Profit margin: 18% (in line with 1Q 2021). Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 23%, compared to a 51% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 70% per year and the company’s share price has also increased by 70% per year. Announcement • Apr 26
Beijing Relpow Technology Co., Ltd Proposes Cash Dividend for 2021 Beijing Relpow Technology Co. Ltd. announced on 25 April 2022 the profit distribution proposal for 2021 as Cash dividend of CNY 1.05000000 per 10 shares (tax included). Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥48.58, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 24x in the Electrical industry in China. Total returns to shareholders of 447% over the past three years. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥45.81, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 28x in the Electrical industry in China. Total returns to shareholders of 371% over the past three years. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.28 (vs CN¥0.15 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥386.0m (up 53% from 3Q 2020). Net income: CN¥75.1m (up 88% from 3Q 2020). Profit margin: 20% (up from 16% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Aug 16
Consensus EPS estimates increase to CN¥0.93 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥1.22b to CN¥1.29b. EPS estimate increased from CN¥0.81 to CN¥0.93 per share. Net income forecast to grow 40% next year vs 44% growth forecast for Electrical industry in China. Consensus price target up from CN¥39.45 to CN¥66.93. Share price was steady at CN¥50.40 over the past week. Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.11 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥339.0m (up 64% from 2Q 2020). Net income: CN¥68.4m (up 180% from 2Q 2020). Profit margin: 20% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥50.72, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 30x in the Electrical industry in China. Total returns to shareholders of 605% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥40.60, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 23x in the Electrical industry in China. Total returns to shareholders of 443% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥54.02, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 23x in the Electrical industry in China. Total returns to shareholders of 265% over the past three years. Announcement • May 08
Beijing Xinleineng Technology Co. Ltd. Approves Cash Dividend for 2020 Beijing Xinleineng Technology Co. Ltd. approved cash dividend of CNY 0.65000000 per 10 shares for 2020 at its Annual General Meeting of 2020 on 06 May 2021. Price Target Changed • Apr 29
Price target increased to CN¥63.12 Up from CN¥55.47, the current price target is an average from 5 analysts. New target price is 36% above last closing price of CN¥46.38. Stock is up 217% over the past year. Reported Earnings • Apr 11
Full year 2020 earnings released: EPS CN¥0.74 (vs CN¥0.38 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥842.6m (up 9.1% from FY 2019). Net income: CN¥123.3m (up 98% from FY 2019). Profit margin: 15% (up from 8.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year and the company’s share price has also increased by 37% per year. Is New 90 Day High Low • Feb 23
New 90-day high: CN¥39.10 The company is up 79% from its price of CN¥21.90 on 25 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.93 per share. Is New 90 Day High Low • Jan 20
New 90-day high: CN¥33.29 The company is up 45% from its price of CN¥23.00 on 22 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.96 per share. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥33.00, the stock is trading at a trailing P/E ratio of 67x, up from the previous P/E ratio of 56.6x. This compares to an average P/E of 34x in the Electrical industry in China. Total returns to shareholders over the past three years are 132%. Is New 90 Day High Low • Jan 05
New 90-day high: CN¥32.39 The company is up 59% from its price of CN¥20.40 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 38% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.00 per share. Announcement • Dec 29
Beijing Xinleineng Technology Co., Ltd Announces Executive Changes Beijing Xinleineng Technology Co. Ltd. announced that at its EGM held on 25 December 2020, it has approved the election of Wang Bin, Du Yongsheng, Wang Shimin, Liu Zhiyu and Li Hong as non-independent directors of the company. Approved the election of Liu Dong, Sun Yuling, Qiao Xiaolin and Lu Haitao as independent directors of the company. Approved the election of Zhou Quan and Shang Chun as non-employee supervisors. Is New 90 Day High Low • Dec 15
New 90-day high: CN¥30.98 The company is up 70% from its price of CN¥18.23 on 16 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.72 per share. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥30.98, the stock is trading at a trailing P/E ratio of 62.9x, up from the previous P/E ratio of 54.4x. This compares to an average P/E of 38x in the Electrical industry in China. Total returns to shareholders over the past three years are 101%. Valuation Update With 7 Day Price Move • Dec 08
Market bids up stock over the past week After last week's 17% share price gain to CN¥26.76, the stock is trading at a trailing P/E ratio of 54.4x, up from the previous P/E ratio of 46.4x. This compares to an average P/E of 38x in the Electrical industry in China. Total returns to shareholders over the past three years are 76%. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥80.4m, up 52% from the prior year. Total revenue was CN¥775.4m over the last 12 months, up 11% from the prior year. Announcement • Oct 17
Beijing Xinleineng Technology Co., Ltd to Report Q3, 2020 Results on Oct 23, 2020 Beijing Xinleineng Technology Co., Ltd announced that they will report Q3, 2020 results on Oct 23, 2020 Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 25% share price gain to CN¥25.44, the stock is trading at a trailing P/E ratio of 67x, up from the previous P/E ratio of 53.8x. This compares to an average P/E of 41x in the Electrical industry in China. Total returns to shareholders over the past three years are 38%. Is New 90 Day High Low • Oct 09
New 90-day high: CN¥21.20 The company is up 12% from its price of CN¥18.91 on 10 July 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.44 per share. Announcement • Jul 23
Beijing Xinleineng Technology Co.,ltd. to Report First Half, 2020 Results on Aug 18, 2020 Beijing Xinleineng Technology Co.,ltd. announced that they will report first half, 2020 results on Aug 18, 2020