Reported Earnings • May 01
First quarter 2026 earnings released: EPS: CN¥0.08 (vs CN¥0.11 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.08 (down from CN¥0.11 in 1Q 2025). Revenue: CN¥487.9m (down 6.6% from 1Q 2025). Net income: CN¥70.3m (down 28% from 1Q 2025). Profit margin: 14% (down from 19% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 31
Jiangsu Yunyi Electric Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Jiangsu Yunyi Electric Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Reported Earnings • Mar 27
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥0.54 (up from CN¥0.47 in FY 2024). Revenue: CN¥2.40b (up 12% from FY 2024). Net income: CN¥466.7m (up 16% from FY 2024). Profit margin: 20% (in line with FY 2024). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 1.9%. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 26
Jiangsu Yunyi Electric Co.,Ltd., Annual General Meeting, Apr 21, 2026 Jiangsu Yunyi Electric Co.,Ltd., Annual General Meeting, Apr 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xuzhou, Jiangsu China Announcement • Dec 31
Jiangsu Yunyi Electric Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 27, 2026 Jiangsu Yunyi Electric Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 27, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.11 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.12 (up from CN¥0.11 in 3Q 2024). Revenue: CN¥568.3m (up 7.2% from 3Q 2024). Net income: CN¥109.6m (up 13% from 3Q 2024). Profit margin: 19% (up from 18% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 38% per year. Announcement • Sep 30
Jiangsu Yunyi Electric Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Jiangsu Yunyi Electric Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 11
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 8.9% 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 Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Aug 28
Jiangsu Yunyi Electric Co.,Ltd. Proposes Interim Cash Dividend for the Year 2025 Jiangsu Yunyi Electric Co.,Ltd. at its 3rd Extraordinary General Meeting of 2025 to be held on 11 September 2025, proposed interim cash dividend (tax included) of CNY 0.30000000 per 10 shares for the year 2025. New Risk • Aug 11
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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks 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 (7.4% average weekly change). Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.08, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 103% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥9.07, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 70% over the past three years. Announcement • Jul 02
Jiangsu Yunyi Electric Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Jiangsu Yunyi Electric Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • May 31
Jiangsu Yunyi Electric Co.,Ltd. Approves Board Elections Jiangsu Yunyi Electric Co.,Ltd. held its 2nd Extraordinary General Meeting of 2025 on May 29, 2025, during which the election and nomination of directors were approved. Fu Hongling, Zhang Jing, Li Chengzhong, Yan Rui, and Bai Yanhe were elected as non-independent directors. Additionally, Xue Jinda, Zhu Wei, and Teng Zhenyuan were elected as independent directors. Board Change • May 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Independent Director Chao Liang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 25
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Supervisor & Head of Document Control Department Yan Zhang was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Apr 24
Dividend of CN¥0.058 announced Shareholders will receive a dividend of CN¥0.058. Ex-date: 28th April 2025 Payment date: 28th April 2025 Dividend yield will be 1.1%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (42% 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. EPS is expected to grow by 70% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.12 in 1Q 2024). Revenue: CN¥522.7m (up 11% from 1Q 2024). Net income: CN¥97.2m (down 6.6% from 1Q 2024). Profit margin: 19% (down from 22% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Apr 12
Jiangsu Yunyi Electric Co.,Ltd. Approves Cash Dividend for 2024 Jiangsu Yunyi Electric Co.,Ltd. at its Annual General Meeting held on 10 April 2025, approved cash dividend of CNY 0.58000000 per 10 shares (tax included) for 2024. 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 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks 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 (8.1% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥6.62, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 32% over the past three years. Announcement • Mar 31
Jiangsu Yunyi Electric Co.,Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Jiangsu Yunyi Electric Co.,Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Announcement • Mar 22
Jiangsu Yunyi Electric Co.,Ltd. Proposes Dividend for the Year 2024 Jiangsu Yunyi Electric Co.,Ltd. proposed Cash dividend/10 shares (tax included) of CNY0.58000000 for the year 2024. Announcement • Mar 21
Jiangsu Yunyi Electric Co.,Ltd., Annual General Meeting, Apr 10, 2025 Jiangsu Yunyi Electric Co.,Ltd., Annual General Meeting, Apr 10, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xuzhou, Jiangsu China Reported Earnings • Mar 21
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: CN¥0.47 (up from CN¥0.35 in FY 2023). Revenue: CN¥2.15b (up 28% from FY 2023). Net income: CN¥401.1m (up 32% from FY 2023). Profit margin: 19% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.4%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components 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 only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Dec 31
Jiangsu Yunyi Electric Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 21, 2025 Jiangsu Yunyi Electric Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 21, 2025 Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥9.60, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Auto Components industry in China. Total returns to shareholders of 39% over the past three years. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.09 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.09 in 3Q 2023). Revenue: CN¥530.0m (up 16% from 3Q 2023). Net income: CN¥96.7m (up 33% from 3Q 2023). Profit margin: 18% (up from 16% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Jiangsu Yunyi Electric Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Jiangsu Yunyi Electric Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 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¥6.41, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Auto Components industry in China. Total returns to shareholders of 11% over the past three years. Announcement • Sep 12
Jiangsu Yunyi Electric Co.,Ltd. Approves Interim Dividend for the Year 2024 Jiangsu Yunyi Electric Co.,Ltd. approved at its EGM held on 10 September 2024 the interim cash dividend/10 shares (tax included) of CNY 0.20000000 for the year 2024. Announcement • Aug 24
Jiangsu Yunyi Electric Co.,Ltd. Proposes Interim Dividend for the First Half of 2024 Jiangsu Yunyi Electric Co.,Ltd. proposed interim cash dividend/10 shares (tax included) of CNY 0.20000000 for the first half of 2024. Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.088 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.088 in 2Q 2023). Revenue: CN¥553.6m (up 42% from 2Q 2023). Net income: CN¥106.5m (up 31% from 2Q 2023). Profit margin: 19% (down from 21% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Jiangsu Yunyi Electric Co.,Ltd. to Report First Half, 2024 Results on Aug 22, 2024 Jiangsu Yunyi Electric Co.,Ltd. announced that they will report first half, 2024 results on Aug 22, 2024 Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.092 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.092 in 1Q 2023). Revenue: CN¥472.8m (up 41% from 1Q 2023). Net income: CN¥104.1m (up 30% from 1Q 2023). Profit margin: 22% (down from 24% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 9% per year. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥6.73, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 28x in the Auto Components industry in China. Total returns to shareholders of 35% over the past three years. Declared Dividend • Apr 15
Dividend increased to CN¥0.06 Dividend of CN¥0.06 is 67% higher than last year. Ex-date: 19th April 2024 Payment date: 19th April 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (17% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 13
Jiangsu Yunyi Electric Co.,Ltd. Announces Final Profit Distribution Plan on A Shares for 2023, Payable on 19 April 2024 Jiangsu Yunyi Electric Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included) is CNY 0.60000000. Record date is 18 April 2024. Ex-date is 19 April 2024. Payment date is 19 April 2024. Announcement • Mar 30
Jiangsu Yunyi Electric Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Jiangsu Yunyi Electric Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Announcement • Mar 21
Jiangsu Yunyi Electric Co.,Ltd., Annual General Meeting, Apr 10, 2024 Jiangsu Yunyi Electric Co.,Ltd., Annual General Meeting, Apr 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xuzhou, Jiangsu China Reported Earnings • Mar 12
Full year 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.16 in FY 2022) Full year 2023 results: EPS: CN¥0.35 (up from CN¥0.16 in FY 2022). Revenue: CN¥1.67b (up 42% from FY 2022). Net income: CN¥305.0m (up 124% from FY 2022). Profit margin: 18% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. 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 9% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥4.61, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 9.5% over the past three years. Announcement • Dec 30
Jiangsu Yunyi Electric Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 21, 2024 Jiangsu Yunyi Electric Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 21, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.031 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.09 (up from CN¥0.031 in 3Q 2022). Revenue: CN¥455.8m (up 41% from 3Q 2022). Net income: CN¥72.8m (up 169% from 3Q 2022). Profit margin: 16% (up from 8.4% in 3Q 2022). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Announcement • Sep 01
Jiangsu Yunyi Electric Co.,Ltd. (SZSE:300304) commences an Equity Buyback Plan for CNY 120 million worth of its shares, under the authorization approved on August 15, 2023. Jiangsu Yunyi Electric Co.,Ltd. (SZSE:300304) commences share repurchases on August 28, 2023, under the program mandated by the shareholders in the Annual General Meeting held on August 15, 2023. As per the mandate, the company is authorized to repurchase up to CNY 120 million worth of its shares. he shares will be repurchased at a price of not more than CNY 8 per share. The shares repurchased this time are intended to be used for the implementation of employee stock ownership plans or equity incentives. The company plans to use its own funds to repurchase the company's shares. T. The program is valid for 12 months. New Risk • Aug 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% 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 (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change). New Risk • Aug 04
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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change). Reported Earnings • Mar 21
Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.27 in FY 2021) Full year 2022 results: EPS: CN¥0.16 (down from CN¥0.27 in FY 2021). Revenue: CN¥1.17b (up 6.8% from FY 2021). Net income: CN¥136.1m (down 42% from FY 2021). Profit margin: 12% (down from 21% in FY 2021). 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 6% per year. Board Change • Nov 16
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. 11 experienced directors. 1 highly experienced director. Non-Independent Director Chao Liang was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.031 (vs CN¥0.057 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.031 (down from CN¥0.057 in 3Q 2021). Revenue: CN¥324.0m (up 19% from 3Q 2021). Net income: CN¥27.1m (down 44% from 3Q 2021). Profit margin: 8.4% (down from 18% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.083 (vs CN¥0.12 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.083 (down from CN¥0.12 in 2Q 2021). Revenue: CN¥238.6m (down 6.2% from 2Q 2021). Net income: CN¥65.8m (down 38% from 2Q 2021). Profit margin: 28% (down from 42% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year. Board Change • Aug 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. 11 experienced directors. 1 highly experienced director. Non-Independent Director Chao Liang was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Wei Zhu 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. Announcement • Jun 01
Jiangsu Yunyi Electric Co., Ltd. Approves Board Appointments Jiangsu Yunyi Electric Co., Ltd. approved the appointment of Xue Jinda and Zhu Wei as Independent Directors of the company, at its 1st Extraordinary General Meeting of 2022 held on 30 May 2022. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.048 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.01 (down from CN¥0.048 in 1Q 2021). Revenue: CN¥269.3m (up 10% from 1Q 2021). Net income: CN¥8.91m (down 79% from 1Q 2021). Profit margin: 3.3% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Apr 08
Jiangsu Yunyi Electric Co., Ltd. Announces the Implementation of Final Cash Dividend for 2021, Payable on 14 April 2022 Jiangsu Yunyi Electric Co., Ltd. announced the implementation of final cash dividend of CNY 0.40000000 per 10 A shares (tax included) for 2021. Record date is 13 April 2022 with Ex-date on 14 April 2022 and Payment date on 14 April 2022. Announcement • Apr 03
Jiangsu Yunyi Electric Co., Ltd. Approves Cash Dividend for 2021 Jiangsu Yunyi Electric Co., Ltd. at its AGM held on 30 March 2022 approved Cash dividend per 10 shares (tax included) of CNY 0.40000000 for 2021. Reported Earnings • Mar 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.27 (up from CN¥0.23 in FY 2020). Revenue: CN¥1.10b (up 31% from FY 2020). Net income: CN¥233.3m (up 18% from FY 2020). Profit margin: 21% (down from 24% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.27 (up from CN¥0.23 in FY 2020). Revenue: CN¥1.10b (up 31% from FY 2020). Net income: CN¥233.3m (up 18% from FY 2020). Profit margin: 21% (down from 24% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.057 (vs CN¥0.058 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¥272.5m (up 2.9% from 3Q 2020). Net income: CN¥48.4m (down 3.1% from 3Q 2020). Profit margin: 18% (down from 19% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥5.94, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 31x in the Auto Components industry in China. Total returns to shareholders of 58% over the past three years. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.04 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥254.4m (up 30% from 2Q 2020). Net income: CN¥106.6m (up 189% from 2Q 2020). Profit margin: 42% (up from 19% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥7.48, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 31x in the Auto Components industry in China. Total returns to shareholders of 93% over the past three years. Announcement • May 21
YYDQ Announces Final A share dividend for the Year 2020, Payable on 28 May 2021 YYDQ announced the implementation of A share dividend of CNY 0.35000000 Cash dividend per 10 shares (tax included) for the year 2020. Record date is 27 May 2021, Ex-date is 28 May 2021 and Payment date is 28 May 2021. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.048 (vs CN¥0.03 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥244.5m (up 70% from 1Q 2020). Net income: CN¥41.8m (up 61% from 1Q 2020). Profit margin: 17% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.16 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥839.6m (up 18% from FY 2019). Net income: CN¥197.6m (up 43% from FY 2019). Profit margin: 24% (up from 19% 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 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Feb 24
Jiangsu Yunyi Electric Co., Ltd. to Report Fiscal Year 2020 Results on Apr 02, 2021 Jiangsu Yunyi Electric Co., Ltd. announced that they will report fiscal year 2020 results on Apr 02, 2021 Is New 90 Day High Low • Feb 04
New 90-day low: CN¥4.34 The company is down 38% from its price of CN¥7.03 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 Auto Components industry, which is down 3.0% over the same period. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥5.19, the stock is trading at a trailing P/E ratio of 29.7x, up from the previous P/E ratio of 25.6x. This compares to an average P/E of 33x in the Auto Components industry in China. Total return to shareholders over the past three years is a loss of 29%. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥4.47 The company is down 30% from its price of CN¥6.38 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 Auto Components industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥5.07 The company is down 3.0% from its price of CN¥5.21 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 Auto Components industry, which is up 7.0% over the same period. Valuation Update With 7 Day Price Move • Nov 12
Market pulls back on stock over the past week After last week's 18% share price decline to CN¥6.14, the stock is trading at a trailing P/E ratio of 35.2x, down from the previous P/E ratio of 43.1x. This compares to an average P/E of 39x in the Auto Components industry in China. Total return to shareholders over the past three years is a loss of 21%. Is New 90 Day High Low • Nov 05
New 90-day high: CN¥7.52 The company is up 82% from its price of CN¥4.13 on 07 August 2020. The Chinese market is down 4.0% 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. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥151.2m, up 12% from the prior year. Total revenue was CN¥822.9m over the last 12 months, up 22% from the prior year. Is New 90 Day High Low • Oct 19
New 90-day high: CN¥7.15 The company is up 75% from its price of CN¥4.08 on 21 July 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Oct 13
Market bids up stock over the past week After last week's 21% share price gain to CN¥6.37, the stock is trading at a trailing P/E ratio of 39.8x, up from the previous P/E ratio of 32.8x. This compares to an average P/E of 42x in the Auto Components industry in China. Total return to shareholders over the past three years is a loss of 30%. Announcement • Aug 11
Jiangsu Yunyi Electric Co., Ltd. (SZSE:300304) acquired remaining 15% stake in Shenzhen Yunbo Technology Electronics Co., Ltd. from Tan Dunwu, Huang Jianjun and Ren Shiquan. Jiangsu Yunyi Electric Co., Ltd. (SZSE:300304) acquired remaining 15% stake in Shenzhen Yunbo Technology Electronics Co., Ltd. from Tan Dunwu, Huang Jianjun and Ren Shiquan on July 28, 2020. After the completion of the equity transfer, Yunbo technology is changed into a wholly-owned subsidiary of Jiangsu Yunyi Electric Co., Ltd.
Jiangsu Yunyi Electric Co., Ltd. (SZSE:300304) completed the acquisition of remaining 15% stake in Shenzhen Yunbo Technology Electronics Co., Ltd. from Tan Dunwu, Huang Jianjun and Ren Shiquan on July 28, 2020. 
