Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥8.70, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 53x in the Machinery industry in China. Total returns to shareholders of 37% over the past three years. Buy Or Sell Opportunity • May 19
Now 20% overvalued Over the last 90 days, the stock has fallen 8.1% to CN¥8.67. The fair value is estimated to be CN¥7.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 5.1%. Buy Or Sell Opportunity • Apr 27
Now 22% overvalued Over the last 90 days, the stock has fallen 7.1% to CN¥8.79. The fair value is estimated to be CN¥7.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 5.1%. New Risk • Apr 25
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: 13% Last year net profit margin: 20% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (13% net profit margin). Announcement • Apr 13
Shenzhen Jasic Technology Co.,Ltd., Annual General Meeting, May 08, 2026 Shenzhen Jasic Technology Co.,Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Reported Earnings • Apr 11
Full year 2025 earnings released: EPS: CN¥0.42 (vs CN¥0.54 in FY 2024) Full year 2025 results: EPS: CN¥0.42 (down from CN¥0.54 in FY 2024). Revenue: CN¥1.27b (flat on FY 2024). Net income: CN¥198.1m (down 22% from FY 2024). Profit margin: 16% (down from 20% in FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Shenzhen Jasic Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Shenzhen Jasic Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Board Change • Jan 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yinhong Liu was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 31
Shenzhen Jasic Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2026 Shenzhen Jasic Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.12 (up from CN¥0.10 in 3Q 2024). Revenue: CN¥310.0m (up 3.8% from 3Q 2024). Net income: CN¥54.3m (up 14% from 3Q 2024). Profit margin: 18% (up from 16% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Shenzhen Jasic Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Shenzhen Jasic Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 20
Second quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.17 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.17 in 2Q 2024). Revenue: CN¥326.2m (down 14% from 2Q 2024). Net income: CN¥58.9m (down 29% from 2Q 2024). Profit margin: 18% (down from 22% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Shenzhen Jasic Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 16, 2025 Shenzhen Jasic Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 16, 2025 Declared Dividend • Jun 16
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 23rd June 2025 Payment date: 23rd June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but not covered by cash flows (150% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Apr 07
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 8.8% 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 (24% accrual ratio). Minor Risks Dividend is not well covered by cash flows (214% cash payout ratio). Share price has been volatile over the past 3 months (8.8% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥8.79, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 40x in the Machinery industry in China. Total returns to shareholders of 16% over the past three years. Announcement • Apr 01
Shenzhen Jasic Technology Co.,Ltd. Proposes Final Cash Distribution for 2024 Shenzhen Jasic Technology Co.,Ltd. announced on 31 March 2025 the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY2.00000000. Announcement • Mar 31
Shenzhen Jasic Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Shenzhen Jasic Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.54 (vs CN¥0.42 in FY 2023) Full year 2024 results: EPS: CN¥0.54 (up from CN¥0.42 in FY 2023). Revenue: CN¥1.26b (up 9.9% from FY 2023). Net income: CN¥255.3m (up 26% from FY 2023). Profit margin: 20% (up from 18% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
Shenzhen Jasic Technology Co.,Ltd., Annual General Meeting, Apr 29, 2025 Shenzhen Jasic Technology Co.,Ltd., Annual General Meeting, Apr 29, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Board Change • Mar 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. 6 experienced directors. 4 highly experienced directors. Independent Director Daliang Qiu was the last 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: Insufficient board refreshment. Announcement • Dec 31
Shenzhen Jasic Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Shenzhen Jasic Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.10 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.10 in 3Q 2023). Revenue: CN¥298.6m (down 1.3% from 3Q 2023). Net income: CN¥47.5m (down 5.5% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥9.28, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 29x in the Machinery industry in China. Total loss to shareholders of 20% over the past three years. Announcement • Sep 30
Shenzhen Jasic Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Shenzhen Jasic Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Announcement • Sep 25
Shenzhen Jasic Technology Co.,Ltd. Approves Interim Cash Dividend for the 2024 Shenzhen Jasic Technology Co.,Ltd. at its EGM held on September 23, 2024 approved interim cash dividend of CNY 2.00000000 per 10 shares (tax included) for the 2024. New Risk • Sep 19
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 133% Cash payout ratio: 393% Dividend yield: 5.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 133% Cash payout ratio: 393% Earnings have declined by 0.3% per year over the past 5 years. High level of non-cash earnings (25% accrual ratio). Announcement • Aug 30
Shenzhen Jasic Technology Co.,Ltd. Announces Profit Distribution Proposal for the First Half of 2024 Shenzhen Jasic Technology Co.,Ltd. announced on 29 August 2024 the profit distribution proposal for the first half of 2024 as follows: Cash dividend/10 shares (tax included): CNY 2.00000000. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.19 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.19 in 2Q 2023). Revenue: CN¥378.4m (up 18% from 2Q 2023). Net income: CN¥82.9m (down 6.9% from 2Q 2023). Profit margin: 22% (down from 28% 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 4% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Shenzhen Jasic Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Shenzhen Jasic Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Declared Dividend • Jun 07
Dividend increased to CN¥0.40 Dividend of CN¥0.40 is 300% higher than last year. Ex-date: 13th June 2024 Payment date: 13th June 2024 Dividend yield will be 5.0%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but not covered by cash flows (275% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 06
Shenzhen Jasic Technology Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 13 June 2024 Shenzhen Jasic Technology Co.,Ltd. announced final cash dividend of CNY 4.00 per 10 shares on A shares (tax included) for the year 2023. Record date: 12 June 2024, Ex-date: 13 June 2024 and Payment date: 13 June 2024. New Risk • Apr 20
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% 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 Risks Earnings have declined by 1.2% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (275% cash payout ratio). Announcement • Mar 30
Shenzhen Jasic Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Shenzhen Jasic Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Reported Earnings • Mar 23
Full year 2023 earnings released: EPS: CN¥0.42 (vs CN¥0.36 in FY 2022) Full year 2023 results: EPS: CN¥0.42 (up from CN¥0.36 in FY 2022). Revenue: CN¥1.15b (down 7.0% from FY 2022). Net income: CN¥203.5m (up 15% from FY 2022). Profit margin: 18% (up from 14% in FY 2022). The increase in margin was driven by lower expenses. 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 2% per year. Announcement • Mar 23
Shenzhen Jasic Technology Co.,Ltd., Annual General Meeting, Apr 18, 2024 Shenzhen Jasic Technology Co.,Ltd., Annual General Meeting, Apr 18, 2024, at 15:00 China Standard Time. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥5.46, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 25x in the Machinery industry in China. Total loss to shareholders of 7.8% over the past three years. Announcement • Dec 30
Shenzhen Jasic Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 23, 2024 Shenzhen Jasic Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 23, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.11 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.11 in 3Q 2022). Revenue: CN¥302.6m (up 14% from 3Q 2022). Net income: CN¥50.2m (down 5.4% from 3Q 2022). Profit margin: 17% (down from 20% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. New Risk • Aug 06
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 6.3% 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 1.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Reported Earnings • Jul 29
Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.09 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.09 in 2Q 2022). Revenue: CN¥320.1m (up 21% from 2Q 2022). Net income: CN¥89.0m (up 111% from 2Q 2022). Profit margin: 28% (up from 16% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year. Announcement • Jul 01
Shenzhen Jasic Technology Co.,Ltd. to Report First Half, 2023 Results on Jul 29, 2023 Shenzhen Jasic Technology Co.,Ltd. announced that they will report first half, 2023 results on Jul 29, 2023 Announcement • Jun 15
Shenzhen Jasic Technology Co.,Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on June 20, 2023 Shenzhen Jasic Technology Co.,Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.00000000 on A shares for the year 2022. Record date is June 19, 2023. Ex-date is May June 20, 2023. Payment date is June 20, 2023. Reported Earnings • Apr 07
Full year 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.41 in FY 2021) Full year 2022 results: EPS: CN¥0.36 (down from CN¥0.41 in FY 2021). Revenue: CN¥1.23b (down 1.4% from FY 2021). Net income: CN¥176.3m (down 12% from FY 2021). Profit margin: 14% (down from 16% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Oct 18
Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥266.0m (down 16% from 3Q 2021). Net income: CN¥53.1m (down 14% from 3Q 2021). Profit margin: 20% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.14 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.09 (down from CN¥0.14 in 2Q 2021). Revenue: CN¥263.7m (down 28% from 2Q 2021). Net income: CN¥42.3m (down 36% from 2Q 2021). Profit margin: 16% (down from 18% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat. Announcement • Jul 07
Shenzhen Jasic Technology Co.,Ltd. Announces Final Cash Dividend on A Shares in 2021, Payable on 12 July 2022 Shenzhen Jasic Technology Co.,Ltd. . announced final cash dividend of CNY 5.00000000 per 10 shares on A Shares in 2021. Record date: 11 July 2022, Ex-date: 12 July 2022 and Payment date: 12 July 2022. Announcement • May 20
Shenzhen Jasic Technology Co.,Ltd. Approves Cash Dividend for the Year 2021 Shenzhen Jasic Technology Co.,Ltd. approved Cash dividend/10 shares (tax included): CNY 5.00000000 for the year 2021, at its Annual General Meeting of 2021 held on 18 May 2022. Announcement • Apr 27
Shenzhen Jasic Technology Co.,Ltd. Announces Profit Distribution Proposal for 2021 Shenzhen Jasic Technology Co.,Ltd. announced on 25 April 2022 the profit distribution proposal for 2021. Cash dividend/10 shares (tax included): CNY 5.00000000. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.12 in 1Q 2021). Revenue: CN¥340.2m (up 12% from 1Q 2021). Net income: CN¥48.4m (down 14% from 1Q 2021). Profit margin: 14% (down from 19% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥9.82, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 34x in the Machinery industry in China. Total returns to shareholders of 43% over the past three years. Announcement • Feb 24
Shenzhen Jasic Technology Co.,Ltd. Announces Executive Appointments Shenzhen Jasic Technology Co.,Ltd. announced that at the Extraordinary General Meeting held on 22 February 2022, approved election and nomination of non-independent directors, cumulative voting system applicable: Xia Ruyi; Election and nomination of independent directors, cumulative voting system applicable: Qiu Daliang and Zeng Bin; Election and nomination of non-employee supervisors, cumulative voting system applicable: Zhang Zhiying and Qi Xiangbo. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.09 in 3Q 2020) The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: CN¥316.2m (flat on 3Q 2020). Net income: CN¥61.5m (up 35% from 3Q 2020). Profit margin: 20% (up from 14% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥18.83, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 235% over the past three years. Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.14 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¥367.8m (up 36% from 2Q 2020). Net income: CN¥66.3m (up 1.5% from 2Q 2020). Profit margin: 18% (down from 24% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥13.20, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 32x in the Machinery industry in China. Total returns to shareholders of 166% over the past three years. Announcement • May 29
Shenzhen Jasic Technology Co.,Ltd. Announces Cash Dividend for 2020, Payable on 03 June 2021 Shenzhen Jasic Technology Co.,Ltd. announced cash dividend/10 shares (tax included) of CNY 5.00000000. Record date: 02 June 2021, Ex-date: 03 June 2021 and Payment date: 03 June 2021. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improved over the past week After last week's 30% share price gain to CN¥12.61, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 30x in the Machinery industry in China. Total returns to shareholders of 98% over the past three years. Reported Earnings • Apr 17
First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.06 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¥303.6m (up 115% from 1Q 2020). Net income: CN¥56.7m (up 97% from 1Q 2020). Profit margin: 19% (down from 20% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • Mar 20
Full year 2020 earnings released: EPS CN¥0.34 (vs CN¥0.43 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.02b (up 5.7% from FY 2019). Net income: CN¥162.5m (down 22% from FY 2019). Profit margin: 16% (down from 22% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Feb 18
Shenzhen Jasic Technology Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 20, 2021 Shenzhen Jasic Technology Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 20, 2021 Is New 90 Day High Low • Feb 04
New 90-day low: CN¥6.76 The company is down 26% from its price of CN¥9.09 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥6.89 The company is down 20% from its price of CN¥8.62 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥6.92 The company is down 15% from its price of CN¥8.11 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥7.42 The company is down 18% from its price of CN¥9.05 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. Is New 90 Day High Low • Nov 25
New 90-day low: CN¥7.97 The company is down 15% from its price of CN¥9.42 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. Reported Earnings • Oct 21
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥175.3m, down 21% from the prior year. Total revenue was CN¥1.00b over the last 12 months, up 9.1% from the prior year. Announcement • Oct 16
Shenzhen Jasic Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 21, 2020 Shenzhen Jasic Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 21, 2020 Announcement • Jul 18
Shenzhen Jasic Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 15, 2020 Shenzhen Jasic Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 15, 2020