New Risk • May 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.9% Last year net profit margin: 7.3% 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 (4.9% net profit margin). Reported Earnings • Apr 29
First quarter 2026 earnings released: EPS: CN¥0.037 (vs CN¥0.052 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.037 (down from CN¥0.052 in 1Q 2025). Revenue: CN¥956.7m (up 11% from 1Q 2025). Net income: CN¥70.9m (down 28% from 1Q 2025). Profit margin: 7.4% (down from 11% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Apr 29
Roshow Technology Co., Ltd., Annual General Meeting, May 21, 2026 Roshow Technology Co., Ltd., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: No. 67, Taozhu North Road, Zhuji, Zhejiang China Announcement • Mar 31
Roshow Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Roshow Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥9.81, the stock trades at a trailing P/E ratio of 68.5x. Average trailing P/E is 59x in the Electrical industry in China. Total returns to shareholders of 3.0% over the past three years. Announcement • Dec 31
Roshow Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Roshow Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.051 (vs CN¥0.028 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.051 (up from CN¥0.028 in 3Q 2024). Revenue: CN¥1.01b (up 14% from 3Q 2024). Net income: CN¥95.9m (up 79% from 3Q 2024). Profit margin: 9.5% (up from 6.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% 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 99% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Roshow Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Roshow Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥9.09, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 24x in the Electrical industry in China. Total loss to shareholders of 23% over the past three years. Announcement • Sep 02
Roshow Technology Co., Ltd. Approves Election of Yu Jianjun as an Independent Director Roshow Technology Co., Ltd. at its EGM held on August 29, 2025 approved election of Yu Jianjun as an independent director. Reported Earnings • Sep 01
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: CN¥892.7m (down 20% from 2Q 2024). Net income: CN¥52.2m (down 48% from 2Q 2024). Profit margin: 5.8% (down from 8.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 22% 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 115% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jul 02
Roshow Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Roshow Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Reported Earnings • Apr 27
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: CN¥0.14 (up from CN¥0.068 in FY 2023). Revenue: CN¥3.72b (up 34% from FY 2023). Net income: CN¥258.0m (up 97% from FY 2023). Profit margin: 6.9% (up from 4.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 20% 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, earnings per share has increased by 82% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Apr 26
Roshow Technology Co., Ltd., Annual General Meeting, May 16, 2025 Roshow Technology Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: No. 67, Taozhu North Road, Zhuji, Zhejiang China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥6.59, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Electrical industry in China. Total loss to shareholders of 34% over the past three years. Announcement • Mar 31
Roshow Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Roshow Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥6.95, the stock trades at a trailing P/E ratio of 74.5x. Average trailing P/E is 35x in the Electrical industry in China. Total loss to shareholders of 50% over the past three years. New Risk • Dec 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Dec 31
Roshow Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Roshow Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 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¥6.58, the stock trades at a trailing P/E ratio of 70.6x. Average trailing P/E is 35x in the Electrical industry in China. Total loss to shareholders of 64% over the past three years. Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.028 (vs CN¥0.04 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.028 (down from CN¥0.04 in 3Q 2023). Revenue: CN¥885.0m (up 14% from 3Q 2023). Net income: CN¥53.7m (down 31% from 3Q 2023). Profit margin: 6.1% (down from 9.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥6.01, the stock trades at a trailing P/E ratio of 56.8x. Average trailing P/E is 30x in the Electrical industry in China. Total loss to shareholders of 57% over the past three years. Announcement • Sep 30
Roshow Technology Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Roshow Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥5.86, the stock trades at a trailing P/E ratio of 55.4x. Average trailing P/E is 28x in the Electrical industry in China. Total loss to shareholders of 54% over the past three years. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.053 (vs CN¥0.045 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.053 (up from CN¥0.045 in 2Q 2023). Revenue: CN¥1.12b (up 55% from 2Q 2023). Net income: CN¥100.0m (up 51% from 2Q 2023). Profit margin: 8.9% (down from 9.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Roshow Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Roshow Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.02 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.042 (up from CN¥0.02 in 1Q 2023). Revenue: CN¥778.1m (up 34% from 1Q 2023). Net income: CN¥80.4m (up 79% from 1Q 2023). Profit margin: 10% (up from 7.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Apr 19
Roshow Technology Co., Ltd., Annual General Meeting, May 09, 2024 Roshow Technology Co., Ltd., Annual General Meeting, May 09, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhuji, Zhejiang China New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.15 loss in FY 2022) Full year 2023 results: EPS: CN¥0.068 (up from CN¥0.15 loss in FY 2022). Revenue: CN¥2.77b (down 17% from FY 2022). Net income: CN¥131.0m (up CN¥386.8m from FY 2022). Profit margin: 4.7% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Roshow Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Roshow Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Jan 20
Roshow Technology Co., Ltd. Announces Executive Appointments Roshow Technology Co., Ltd. at the Extraordinary General Meeting of 2024 on 18 January 2024 approved election of independent directors, cumulative voting system applicable: Liu Qiang, independent director; Election of shareholder supervisors, cumulative voting system applicable: Lu Hangfeng, shareholder supervisor. Announcement • Dec 30
Roshow Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Roshow Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.01 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.04 (up from CN¥0.01 loss in 3Q 2022). Revenue: CN¥779.5m (down 5.9% from 3Q 2022). Net income: CN¥77.4m (up CN¥103.0m from 3Q 2022). Profit margin: 9.9% (up from net loss in 3Q 2022). 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. Announcement • Sep 30
Roshow Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Roshow Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.045 (vs CN¥0.001 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.045 (up from CN¥0.001 loss in 2Q 2022). Revenue: CN¥725.3m (down 24% from 2Q 2022). Net income: CN¥66.2m (up CN¥68.4m from 2Q 2022). Profit margin: 9.1% (up from net loss in 2Q 2022). 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. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.02 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.02 (up from CN¥0.02 loss in 1Q 2022). Revenue: CN¥579.2m (down 28% from 1Q 2022). Net income: CN¥45.0m (up CN¥76.4m from 1Q 2022). Profit margin: 7.8% (up from net loss in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent There are 7 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: 7 new directors. 5 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Director, MD & GM Wu Shaoying is the most experienced director on the board, commencing their role in 2015. Independent Director Xinhua Zhang was the last independent director to join the board, commencing their role in 2022. 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 • Oct 27
Third quarter 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.003 profit in 3Q 2021) Third quarter 2022 results: CN¥0.01 loss per share (down from CN¥0.003 profit in 3Q 2021). Revenue: CN¥828.3m (flat on 3Q 2021). Net loss: CN¥25.6m (down CN¥30.1m from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 02
Second quarter 2022 earnings released: CN¥0.001 loss per share (vs CN¥0.041 profit in 2Q 2021) Second quarter 2022 results: CN¥0.001 loss per share (down from CN¥0.041 profit in 2Q 2021). Revenue: CN¥953.3m (down 2.6% from 2Q 2021). Net loss: CN¥2.19m (down 103% from profit in 2Q 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 23% per year, which means it is significantly lagging earnings growth. Announcement • May 07
Roshow Technology Co., Ltd., Annual General Meeting, May 24, 2022 Roshow Technology Co., Ltd., Annual General Meeting, May 24, 2022, at 14:30 China Standard Time. Agenda: To discuss 2021 work report of the board of directors; to 2021 work report of the supervisory committee; to 2021 annual accounts; to 2021 profit distribution plan; to 2021 annual report and its summary; to 2022 estimated continuing connected transactions and to consider other matters. Reported Earnings • May 02
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: CN¥0.02 loss per share (down from CN¥0.06 profit in 1Q 2021). Revenue: CN¥809.6m (down 7.6% from 1Q 2021). Net loss: CN¥31.4m (down 135% from profit in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There are 10 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: 10 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Director, MD & GM Wu Shaoying is the most experienced director on the board, commencing their role in 2015. Independent Director Xinhua Zhang was the last independent director to join the board, commencing their role in 2022. 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. Announcement • Feb 11
Roshow Technology Co., Ltd. Announces Board and Executive Appointments Roshow Technology Co., Ltd. announced that at its EGM held on 09 February 2022, shareholders approved the election of Zhang Xinhua as independent director and Zhang Dongxu as supervisor. Announcement • Dec 11
Roshow Technology Co., Ltd. announced a financing transaction Roshow Technology Co., Ltd. announced a private placement of common shares on December 9, 2021. The transaction has been approved in the 4th Extraordinary General Meeting of 2021 of the company. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.003 (vs CN¥0.026 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¥821.3m (up 6.9% from 3Q 2020). Net income: CN¥4.47m (down 89% from 3Q 2020). Profit margin: 0.5% (down from 5.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.041 (vs CN¥0.05 in 2Q 2020) The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2021 results: Revenue: CN¥979.1m (up 50% from 2Q 2020). Net income: CN¥70.5m (flat on 2Q 2020). Profit margin: 7.2% (down from 11% in 2Q 2020). Announcement • Mar 21
Zhuji Changshun Enterprise Management Consulting Partnership Enterprise (Limited Partnership), Huijia Huajian (Zhuhai) Investment Partnership Enterprise (Limited Partnership), Huijia Mingxing (Zhuhai) Investment Partnership Enterprise (Limited Partnership), Han Fenqin, Li Hongwei and Feng Ling entered into an agreement to acquire Zhejiang Lutong Electrics and Mechanics Manufacturing Co., Ltd. from Roshow Technology Co., Ltd. (SZSE:002617) for CNY 250 million. Zhuji Changshun Enterprise Management Consulting Partnership Enterprise (Limited Partnership), Huijia Huajian (Zhuhai) Investment Partnership Enterprise (Limited Partnership), Huijia Mingxing (Zhuhai) Investment Partnership Enterprise (Limited Partnership), Han Fenqin, Li Hongwei and Feng Ling entered into an agreement to acquire Zhejiang Lutong Electrics and Mechanics Manufacturing Co., Ltd. from Roshow Technology Co., Ltd. (SZSE:002617) for CNY 250 million on March 18, 2021. Under the terms, Zhuji Changshun Enterprise Management Consulting Partnership Enterprise (Limited Partnership) will acquire 55.86%, Huijia Huajian (Zhuhai) Investment Partnership Enterprise (Limited Partnership) will acquire 11.98%, Huijia Mingxing (Zhuhai) Investment Partnership Enterprise (Limited Partnership) will acquire 0.16%, Han Fenqin will acquire 12%, Li Hongwei and Feng Ling will acquire 10% stake each in Zhejiang Lutong Electrics and Mechanics Manufacturing Co., Ltd. Zhuji Changshun Enterprise Management Consulting Partnership Enterprise (Limited Partnership) will pay CNY 69.85 million before March 31, 2021, and CNY 69.79 million before March 31, 2022 and the other buyers will make a one-time payment before March 31, 2021. Zhejiang Lutong Electrics and Mechanics Manufacturing Co., Ltd. reported total assets of CNY 571.4 million, total liabilites of CNY 439.3 million and net assets of CNY 132 million as on September 30, 2020. This has been approved in the 3rd Meeting of Roshow Technology Co., Ltd.'s 5th Directorate held on March 18, 2021, and is subject to the shareholders’ approval. Announcement • Jan 28
Roshow Technology Co., Ltd. Announces Executive Appointments Roshow Technology Co., Ltd. announced the election of Lu Yong, Wu Shaoying, Shi Jiangang, He Lei, Yu Fei as non-independent directors. The board has also appointed Shen Yu, Yu Youda and Zhou Bingbing as independent directors, at the EGM held on January 26, 2021. Is New 90 Day High Low • Jan 04
New 90-day high: CN¥8.52 The company is up 17% from its price of CN¥7.27 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 30% over the same period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.027 The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: CN¥768.0m (up 31% from 3Q 2019). Net income: CN¥39.6m (down 44% from 3Q 2019). Profit margin: 5.2% (down from 12% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 44% 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. Announcement • Aug 12
Roshow Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Roshow Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 
