New Risk • Jun 24
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Declared Dividend • May 25
Dividend of CN¥0.024 announced Shareholders will receive a dividend of CN¥0.024. Ex-date: 27th May 2026 Payment date: 27th May 2026 Dividend yield will be 0.3%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Announcement • Mar 31
Shenzhen SEG Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen SEG Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 30
Full year 2025 earnings released: EPS: CN¥0.056 (vs CN¥0.031 in FY 2024) Full year 2025 results: EPS: CN¥0.056 (up from CN¥0.031 in FY 2024). Revenue: CN¥1.69b (down 1.4% from FY 2024). Net income: CN¥69.4m (up 85% from FY 2024). Profit margin: 4.1% (up from 2.2% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Mar 26
Shenzhen SEG Co.,Ltd, Annual General Meeting, Apr 17, 2026 Shenzhen SEG Co.,Ltd, Annual General Meeting, Apr 17, 2026, at 14:45 China Standard Time. Location: 31F, Tower A, Qunxing Square, Huaqiang North Road, Futian District, Shenzhen, Guangdong China Board Change • Jan 17
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. Independent Director Fang Zhang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 31
Shenzhen SEG Co.,Ltd to Report Fiscal Year 2025 Results on Mar 27, 2026 Shenzhen SEG Co.,Ltd announced that they will report fiscal year 2025 results on Mar 27, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.037 (vs CN¥0.01 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.037 (up from CN¥0.01 loss in 3Q 2024). Revenue: CN¥465.9m (up 5.5% from 3Q 2024). Net income: CN¥45.5m (up CN¥58.3m from 3Q 2024). Profit margin: 9.8% (up from net loss in 3Q 2024). 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 19% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shenzhen SEG Co.,Ltd to Report Q3, 2025 Results on Oct 30, 2025 Shenzhen SEG Co.,Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Announcement • Jul 02
Shenzhen SEG Co.,Ltd to Report First Half, 2025 Results on Aug 29, 2025 Shenzhen SEG Co.,Ltd announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • May 22
Dividend reduced to CN¥0.013 Dividend of CN¥0.013 is 58% lower than last year. Ex-date: 27th May 2025 Payment date: 27th May 2025 Dividend yield will be 0.1%, which is lower than the industry average of 3.4%. Payout Ratios Payout ratio: 43%. Cash payout ratio: 6%. Reported Earnings • May 01
First quarter 2025 earnings released: EPS: CN¥0.019 (vs CN¥0.02 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.019 (down from CN¥0.02 in 1Q 2024). Revenue: CN¥358.0m (down 14% from 1Q 2024). Net income: CN¥22.9m (down 8.0% from 1Q 2024). Profit margin: 6.4% (up from 6.0% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 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: 2.2% Last year net profit margin: 4.7% 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. This is currently the only risk that has been identified for the company. Announcement • Mar 31
Shenzhen SEG Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025 Shenzhen SEG Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Mar 28
Shenzhen SEG Co.,Ltd, Annual General Meeting, Apr 18, 2025 Shenzhen SEG Co.,Ltd, Annual General Meeting, Apr 18, 2025, at 14:45 China Standard Time. Location: 31F, Tower A, Qunxing Square, Huaqiang North Road, Futian District, Shenzhen, Guangdong China Announcement • Dec 31
Shenzhen SEG Co.,Ltd to Report Fiscal Year 2024 Results on Mar 28, 2025 Shenzhen SEG Co.,Ltd announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.002 profit in 3Q 2023) Third quarter 2024 results: CN¥0.01 loss per share (down from CN¥0.002 profit in 3Q 2023). Revenue: CN¥441.6m (flat on 3Q 2023). Net loss: CN¥12.8m (down CN¥15.2m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 24% per year. Announcement • Sep 30
Shenzhen SEG Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 Shenzhen SEG Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.8% average weekly change). New Risk • Sep 10
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: 0.2% Last year net profit margin: 9.2% 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 Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). New Risk • Sep 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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Announcement • Jun 29
Shenzhen SEG Co.,Ltd to Report First Half, 2024 Results on Aug 28, 2024 Shenzhen SEG Co.,Ltd announced that they will report first half, 2024 results on Aug 28, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.027 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.021 (down from CN¥0.027 in 1Q 2023). Revenue: CN¥414.2m (down 7.0% from 1Q 2023). Net income: CN¥24.9m (down 24% from 1Q 2023). Profit margin: 6.0% (down from 7.4% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 02
Full year 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.01 in FY 2022) Full year 2023 results: EPS: CN¥0.07 (up from CN¥0.01 in FY 2022). Revenue: CN¥1.95b (up 6.6% from FY 2022). Net income: CN¥90.5m (up 473% from FY 2022). Profit margin: 4.6% (up from 0.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Shenzhen SEG Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024 Shenzhen SEG Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Mar 29
Shenzhen SEG Co.,Ltd, Annual General Meeting, Apr 19, 2024 Shenzhen SEG Co.,Ltd, Annual General Meeting, Apr 19, 2024, at 14:45 China Standard Time. Location: 31F, Tower A, Qunxing Square, Huaqiang North Road, Futian District, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥6.86, the stock trades at a trailing P/E ratio of 61.5x. Average trailing P/E is 20x in the Real Estate industry in China. Total returns to shareholders of 25% over the past three years. New Risk • Jan 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.1% average weekly change). Earnings have declined by 6.6% per year over the past 5 years. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥8.04, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 20x in the Real Estate industry in China. Total returns to shareholders of 30% over the past three years. Announcement • Dec 30
Shenzhen SEG Co.,Ltd to Report Fiscal Year 2023 Results on Mar 29, 2024 Shenzhen SEG Co.,Ltd announced that they will report fiscal year 2023 results on Mar 29, 2024 Announcement • Sep 30
Shenzhen SEG Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023 Shenzhen SEG Co.,Ltd announced that they will report Q3, 2023 results on Oct 27, 2023 Announcement • May 26
Shenzhen SEG Co.,Ltd Approves Final Cash Dividend Shenzhen SEG Co.,Ltd at its annual general meeting of 2022 held on 22 May 2023, approved final cash dividend/10 shares (tax included) of CNY 0.10000000 for the year 2022. Announcement • May 19
Shenzhen SEG Co.,Ltd Announces Final Cash Dividend on B Shares for the Year 2021, Payable on May 27, 2022 Shenzhen SEG Co.,Ltd announced final cash dividend on B shares is CNY 0.1000000 per 10 shares for the year 2021. Last trading day is 24 May 2022. Record date is 27 May 2022. Ex-date is 25 May 2022. The dividend will be payable on May 27, 2022. Announcement • Apr 12
Shenzhen SEG Co.,Ltd Approves Cash Dividend for 2021 Shenzhen SEG Co.,Ltd approved the cash dividend of CNY 0.10000000 per 10 shares (tax included) for 2021 in its Annual General Meeting of 2021 held on 08 April 2022. Announcement • Jun 11
Shenzhen SEG Co., Ltd. (SZSE:200058) and Suzhou Taist Measurement and Control Technology Co., Ltd. agreed to acquire unknown minority stake in Shanghai Maqu Testing Technology Co., Ltd. from Huang Zhiyong and Zhu Haibin. Shenzhen SEG Co., Ltd. (SZSE:200058) and Suzhou Taist Measurement and Control Technology Co., Ltd. agreed to acquire unknown minority stake in Shanghai Maqu Testing Technology Co., Ltd. from Huang Zhiyong and Zhu Haibin on June 10, 2021. As per terms of transaction, Consideration will be paid from own funds. Shenzhen SEG Co., Ltd. and Suzhou Taist Measurement and Control Technology Co., Ltd. will acquire 37.5% stake and 10% stake through equity transfer and capital increase for CNY 18.5 million. Post completion, Huang Zhiyong and Zhu Haibin will hold 26.7% stake and 17.8% stake respectively. As on September 30, 2020, reported total assets of CNY 8.6 million, Net assets of CNY 2.1 million, Revenue of CNY 10.6 million and Net profit of CNY 3.9 million. Announcement • May 21
Shenzhen Seg Co., Ltd. Approves Cash Dividend for the Year 2020 Shenzhen SEG Co., Ltd. approved Cash dividend/10 shares (tax included) is CNY 0.10000000 for the year 2020. 