Announcement • Jun 30
Aotecar New Energy Technology Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Aotecar New Energy Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 Announcement • Jun 10
Aotecar New Energy Technology Co., Ltd. Approves Cash Dividend for the Year 2025 Aotecar New Energy Technology Co., Ltd. at its AGM held on June 8, 2026 approved Cash dividend/10 shares (tax included) of CNY 0.06080000 for 2025. Announcement • May 18
Aotecar New Energy Technology Co., Ltd., Annual General Meeting, Jun 08, 2026 Aotecar New Energy Technology Co., Ltd., Annual General Meeting, Jun 08, 2026, at 14:00 China Standard Time. Location: 5F, Office Building, No. 8, Mozhou East Road, Jiangning District, Nanjing, Jiangsu China Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: CN¥0.013 (vs CN¥0.014 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.013 (down from CN¥0.014 in 1Q 2025). Revenue: CN¥1.66b (down 13% from 1Q 2025). Net income: CN¥41.4m (down 11% from 1Q 2025). Profit margin: 2.5% (up from 2.4% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year. Announcement • Mar 31
Aotecar New Energy Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Aotecar New Energy Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Aotecar New Energy Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Aotecar New Energy Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.012 (vs CN¥0.007 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.012 (up from CN¥0.007 in 3Q 2024). Revenue: CN¥2.00b (flat on 3Q 2024). Net income: CN¥39.0m (up 71% from 3Q 2024). Profit margin: 2.0% (up from 1.1% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 13
Now 22% undervalued Over the last 90 days, the stock has risen 12% to CN¥3.23. The fair value is estimated to be CN¥4.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Sep 30
Aotecar New Energy Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Aotecar New Energy Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Buy Or Sell Opportunity • Sep 19
Now 20% undervalued Over the last 90 days, the stock has risen 17% to CN¥3.26. The fair value is estimated to be CN¥4.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Declared Dividend • Jul 06
Dividend reduced to CN¥0.0031 Dividend of CN¥0.0031 is 64% lower than last year. Ex-date: 8th July 2025 Payment date: 8th July 2025 Dividend yield will be 0.1%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 10%. Cash payout ratio: 2%. Announcement • Jul 02
Aotecar New Energy Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Aotecar New Energy Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Jun 06
Aotecar New Energy Technology Co., Ltd., Annual General Meeting, Jun 27, 2025 Aotecar New Energy Technology Co., Ltd., Annual General Meeting, Jun 27, 2025, at 14:00 China Standard Time. Location: 5F, Office Building, No. 8, Mozhou East Road, Jiangning District, Nanjing, Jiangsu China Reported Earnings • Apr 23
Full year 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.02 in FY 2023) Full year 2024 results: EPS: CN¥0.03 (up from CN¥0.02 in FY 2023). Revenue: CN¥8.14b (up 19% from FY 2023). Net income: CN¥105.8m (up 44% from FY 2023). Profit margin: 1.3% (up from 1.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Apr 22
Aotecar New Energy Technology Co., Ltd. Proposes Final Cash Dividend for 2024 Aotecar New Energy Technology Co., Ltd. proposed final cash dividend of CNY 0.031000000 per 10 shares (tax included) for the year 2024. Announcement • Apr 02
Aotecar New Energy Technology Co., Ltd. announced that it expects to receive CNY 589.999999 million in funding from Hubei Changjiang No. 1 Industrial Investment Partnership Enterprise (Limited Partnership) Aotecar New Energy Technology Co., Ltd. announced that it has signed Share Subscription Agreement with returning investor Hubei Changjiang No. 1 Industrial Investment Partnership Enterprise (Limited Partnership) with 17.64 to issue not more than 232,283,464 A shares at an issue price of CNY 2.54 per share for gross proceeds of CNY 589,999,998.56 on March 31, 2025. The shares cannot be transferred within 18 months from the issuance closing date. The transaction has been approved in the 29th Meeting of the 6th Directorate and the 20th Meeting of the 6th Supervisory Board, and approved the 2025 private placement of A shares and is subject to the approvals of the Company’s Shareholders, the competent state-owned assets supervision unit (if necessary), the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. Announcement • Mar 31
Aotecar New Energy Technology Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Aotecar New Energy Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Dec 31
Aotecar New Energy Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Aotecar New Energy Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.006 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.007 (up from CN¥0.006 in 3Q 2023). Revenue: CN¥1.99b (up 3.6% from 3Q 2023). Net income: CN¥22.9m (up 12% from 3Q 2023). Profit margin: 1.1% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Aotecar New Energy Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Aotecar New Energy Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (1.3% net profit margin). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.009 (vs CN¥0.002 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.009 (up from CN¥0.002 in 2Q 2023). Revenue: CN¥2.00b (up 21% from 2Q 2023). Net income: CN¥29.9m (up 297% from 2Q 2023). Profit margin: 1.5% (up from 0.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Jul 31
Aotecar New Energy Technology Co., Ltd. Approves Board Appointments Aotecar New Energy Technology Co., Ltd. announced at the EGM held on July 29, 2024, approved election of Wang Zhenkun, Hu Yan and Yao Xiaolin as non-independent director. Announcement • Jul 05
Hubei Changjiang No. 1 Industrial Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 18% stake in Aotecar New Energy Technology Co., Ltd. (SZSE:002239) from Beijing Tianyou Investment Co., Ltd. and Jiangsu Tianyou Jingan Investment Co., Ltd. and Tibet Tianyou Investment Co., Ltd. Hubei Changjiang No. 1 Industrial Investment Partnership Enterprise (Limited Partnership) entered into equity transfer agreement to acquire 18% stake in Aotecar New Energy Technology Co., Ltd. (SZSE:002239) from Beijing Tianyou Investment Co., Ltd. and Jiangsu Tianyou Jingan Investment Co., Ltd. and Tibet Tianyou Investment Co., Ltd. for CNY 2.1 billion on March 29, 2024. On May 9, 2024 Hubei Changjiang No. 1 Industrial Investment Partnership Enterprise passed the anti-monopoly review. Yin Jiayi , Su Qixiang and Sun Guoju of Huatai United Securities acted as Financial advisor to Aotecar New Energy Technology Co., Ltd. Hubei Changjiang No. 1 Industrial Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 18% stake in Aotecar New Energy Technology Co., Ltd. (SZSE:002239) from Beijing Tianyou Investment Co., Ltd. and Jiangsu Tianyou Jingan Investment Co., Ltd. and Tibet Tianyou Investment Co., Ltd. on July 3, 2024. Announcement • Jun 29
Aotecar New Energy Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Aotecar New Energy Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Jun 08
Aotecar New Energy Technology Co., Ltd., Annual General Meeting, Jun 26, 2024 Aotecar New Energy Technology Co., Ltd., Annual General Meeting, Jun 26, 2024, at 14:00 China Standard Time. Location: 5F, No. 8, Mozhou East Road, Jiangning District, Nanjing, Jiangsu China New Risk • May 16
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: 1.1% Last year net profit margin: 3.0% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Announcement • Apr 27
Tecar New Energy Technology Co., Ltd. Announces the Cash Dividend Proposal for 2023 Aotecar New Energy Technology Co., Ltd. announced on 26 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included) of CNY 0.08500000. Reported Earnings • Apr 26
Full year 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.03 in FY 2022) Full year 2023 results: EPS: CN¥0.02 (down from CN¥0.03 in FY 2022). Revenue: CN¥6.85b (up 10.0% from FY 2022). Net income: CN¥73.2m (down 18% from FY 2022). Profit margin: 1.1% (down from 1.4% in FY 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥2.56, the stock trades at a trailing P/E ratio of 60.5x. Average trailing P/E is 30x in the Auto Components industry in China. Total loss to shareholders of 34% over the past three years. Announcement • Mar 30
Aotecar New Energy Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Aotecar New Energy Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥2.09, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 26x in the Auto Components industry in China. Total loss to shareholders of 37% over the past three years. Announcement • Dec 30
Aotecar New Energy Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Aotecar New Energy Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Nov 17
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 6.5% 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 5.1% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥3.37, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 38x in the Auto Components industry in China. Total loss to shareholders of 28% over the past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.006 (vs CN¥0.013 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.006 (down from CN¥0.013 in 3Q 2022). Revenue: CN¥1.92b (up 14% from 3Q 2022). Net income: CN¥20.5m (down 51% from 3Q 2022). Profit margin: 1.1% (down from 2.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.012 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.002 (down from CN¥0.012 in 2Q 2022). Revenue: CN¥1.65b (up 10.0% from 2Q 2022). Net income: CN¥7.53m (down 80% from 2Q 2022). Profit margin: 0.5% (down from 2.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • May 30
Aotecar New Energy Technology Co., Ltd., Annual General Meeting, Jun 16, 2023 Aotecar New Energy Technology Co., Ltd., Annual General Meeting, Jun 16, 2023, at 14:00 China Standard Time. Agenda: To consider the 2022 annual report and its summary; to consider the 2022 work report of the board of directors; to consider the 2022 work report of the supervisory committee; to consider the 2022 profit distribution plan; to consider the 2022 annual accounts plan; to consider the Termination of the 2021 stock option incentive plan and cancellation of the stock options; and to consider the Provision of additional debt guarantee quota for wholly-owned subsidiaries. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.011 (vs CN¥0.02 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.011 (up from CN¥0.02 loss in 1Q 2022). Revenue: CN¥1.40b (up 2.9% from 1Q 2022). Net income: CN¥35.1m (up CN¥99.8m from 1Q 2022). Profit margin: 2.5% (up from net loss in 1Q 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Dan Tian was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.013 (vs CN¥0.005 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.013 (up from CN¥0.005 loss in 3Q 2021). Revenue: CN¥1.68b (up 31% from 3Q 2021). Net income: CN¥41.4m (up CN¥58.8m from 3Q 2021). Profit margin: 2.5% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.012 (vs CN¥0.007 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.012 (up from CN¥0.007 in 2Q 2021). Revenue: CN¥1.50b (up 6.2% from 2Q 2021). Net income: CN¥38.3m (up 59% from 2Q 2021). Profit margin: 2.6% (up from 1.7% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Jun 09
Aotecar New Energy Technology Co., Ltd., Annual General Meeting, Jun 27, 2022 Aotecar New Energy Technology Co., Ltd., Annual General Meeting, Jun 27, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 annual report and its summary; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 profit distribution plan; to consider 2021 annual accounts plan; and to consider Provision of guarantee quota for debts of controlled subsidiaries. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.02 loss per share (down from CN¥0.007 profit in 1Q 2021). Revenue: CN¥1.36b (up 24% from 1Q 2021). Net loss: CN¥64.7m (down 403% from profit in 1Q 2021). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Dan Tian was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 16
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CN¥0.043 loss per share (up from CN¥0.095 loss in FY 2020). Revenue: CN¥5.14b (up 38% from FY 2020). Net loss: CN¥138.9m (loss narrowed 53% from FY 2020). Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Board Change • Apr 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Dan Tian was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2021 earnings released: CN¥0.005 loss per share (vs CN¥0.001 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.28b (up 26% from 3Q 2020). Net loss: CN¥17.4m (loss widened 276% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Announcement • Sep 15
An unknown buyer acquired a 4% stake in Qinghai HXR Lithium Tech Ltd from Aotecar New Energy Technology Co., Ltd. (SZSE:002239) for approximately CNY 150 million. An unknown buyer acquired a 4% stake in Qinghai HXR Lithium Tech Ltd from Aotecar New Energy Technology Co., Ltd. (SZSE:002239) for approximately CNY 150 million on September 13, 2021.
An unknown buyer completed the acquisition of a 4% stake in Qinghai HXR Lithium Tech Ltd from Aotecar New Energy Technology Co., Ltd. (SZSE:002239) on September 13, 2021. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.007 (vs CN¥0.007 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.41b (up 79% from 2Q 2020). Net income: CN¥24.0m (up CN¥46.8m from 2Q 2020). Profit margin: 1.7% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 17
Full year 2020 earnings released The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: CN¥3.73b (up 16% from FY 2019). Net loss: CN¥288.5m (down 383% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥4.12 The company is down 7.0% from its price of CN¥4.45 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: CN¥5.37 The company is up 22% from its price of CN¥4.41 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 8.0% over the same period. Announcement • Oct 20
Aotecar New Energy Technology Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020 Aotecar New Energy Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020 Announcement • Aug 12
Aotecar New Energy Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Aotecar New Energy Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 
