Announcement • May 29
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Announces 2025 Final Profit Distribution Plan on A Shares, Payable on 01 June 2026 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced 2025 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 29 May 2026. Ex-date: 01 June 2026. Payment date: 01 June 2026. New Risk • May 18
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 94% The company is paying a dividend despite having no free cash flows. Dividend yield: 0.9% 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: 94% Paying a dividend despite having no free cash flows. High level of non-cash earnings (31% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.5% net profit margin). Major Estimate Revision • May 03
Consensus revenue estimates decrease by 15%, EPS upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from CN¥2.88b to CN¥2.44b. EPS estimate increased from CN¥1.45 to CN¥1.69 per share. Net income forecast to grow 526% next year vs 29% growth forecast for Consumer Durables industry in China. Consensus price target down from CN¥34.42 to CN¥30.92. Share price was steady at CN¥20.37 over the past week. Announcement • Apr 27
Suzhou Alton Electrical & Mechanical Industry Co., Ltd., Annual General Meeting, May 18, 2026 Suzhou Alton Electrical & Mechanical Industry Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Reported Earnings • Apr 27
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.41 (down from CN¥0.99 in FY 2024). Revenue: CN¥1.98b (up 12% from FY 2024). Net income: CN¥104.5m (down 59% from FY 2024). Profit margin: 5.3% (down from 14% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 31
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Announcement • Dec 31
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026 Board Change • Dec 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Supervisor Jin Bo Liu 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. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.059 (vs CN¥0.34 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.059 (down from CN¥0.34 in 3Q 2024). Revenue: CN¥575.4m (up 1.4% from 3Q 2024). Net income: CN¥15.3m (down 83% from 3Q 2024). Profit margin: 2.7% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Price Target Changed • Aug 20
Price target increased by 30% to CN¥36.20 Up from CN¥27.80, the current price target is an average from 3 analysts. New target price is 9.4% above last closing price of CN¥33.09. Stock is up 154% over the past year. The company is forecast to post earnings per share of CN¥1.28 for next year compared to CN¥0.99 last year. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.21. Revenue: CN¥352.7m (down 15% from 2Q 2024). Net income: CN¥53.5m (down 1.4% from 2Q 2024). Profit margin: 15% (up from 13% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Consumer Durables industry in China. Announcement • Jul 02
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report First Half, 2025 Results on Aug 18, 2025 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report first half, 2025 results on Aug 18, 2025 Declared Dividend • May 22
Dividend of CN¥0.25 announced Shareholders will receive a dividend of CN¥0.25. Ex-date: 23rd May 2025 Payment date: 23rd May 2025 Dividend yield will be 4.7%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 19
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥1.39 (up from CN¥0.96 in FY 2023). Revenue: CN¥1.76b (up 45% from FY 2023). Net income: CN¥253.4m (up 45% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 1.8%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Consumer Durables industry in China. 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 2% per year, which means it is significantly lagging earnings growth. Announcement • Apr 19
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Proposes Final Dividend for 2024 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. proposed final cash dividend of CNY 2.50000000 (tax included) for 2024 per 10 shares. Announcement • Apr 18
Suzhou Alton Electrical & Mechanical Industry Co., Ltd., Annual General Meeting, May 09, 2025 Suzhou Alton Electrical & Mechanical Industry Co., Ltd., Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Announcement • Apr 15
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Announces Special Profit Distribution of the Year 2024 of A Shares, Payable on 18 April 2025 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced special profit distribution/10 shares (tax included) of CNY 4.20000000 for year 2024 of A shares. Record date is 17 April 2025. Ex-date is 18 April 2025. Payment date is 18 April 2025. Buy Or Sell Opportunity • Apr 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to CN¥33.16. The fair value is estimated to be CN¥42.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 66% in 2 years. Earnings are forecast to grow by 64% in the next 2 years. Announcement • Mar 31
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥40.92, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Consumer Durables industry in China. Total returns to shareholders of 181% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥42.23 per share. Announcement • Feb 19
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Announces Special Cash Distribution Proposal for the Third Quarter of 2024 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced on 18 February 2025 the profit distribution proposal for the third quarter of 2024 as follows: Special Cash dividend/10 shares (tax included): CNY 4.20000000. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥43.44, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Consumer Durables industry in China. Total returns to shareholders of 124% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥44.81 per share. Buy Or Sell Opportunity • Jan 06
Now 23% undervalued Over the last 90 days, the stock has risen 26% to CN¥34.45. The fair value is estimated to be CN¥44.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 52% in the next 2 years. Announcement • Dec 31
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥34.64, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Consumer Durables industry in China. Total returns to shareholders of 90% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥44.92 per share. New Risk • Nov 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 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. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 103% Paying a dividend despite having no free cash flows. High level of non-cash earnings (61% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥32.78, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Consumer Durables industry in China. Total returns to shareholders of 79% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.26 per share. Major Estimate Revision • Nov 04
Consensus revenue estimates increase by 11% The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from CN¥1.62b to CN¥1.80b. EPS estimate increased from CN¥1.24 to CN¥1.38 per share. Net income forecast to grow 25% next year vs 29% growth forecast for Consumer Durables industry in China. Consensus price target up from CN¥24.79 to CN¥29.30. Share price fell 2.9% to CN¥25.20 over the past week. Price Target Changed • Nov 02
Price target increased by 18% to CN¥29.30 Up from CN¥24.79, the current price target is an average from 2 analysts. New target price is 16% above last closing price of CN¥25.20. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥1.38 for next year compared to CN¥0.96 last year. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.48 (vs CN¥0.32 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.48 (up from CN¥0.32 in 3Q 2023). Revenue: CN¥567.4m (up 57% from 3Q 2023). Net income: CN¥87.5m (up 49% from 3Q 2023). Profit margin: 15% (in line with 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Durables industry in China. 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¥23.17, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Consumer Durables industry in China. Total returns to shareholders of 42% over the past year. Announcement • Sep 30
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥23.85, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Consumer Durables industry in China. Total returns to shareholders of 41% over the past year. Announcement • Sep 24
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Announces Interim Dividend on A Shares, Payable on 27 September 2024 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced interim cash dividend of CNY 5.00000000 per 10 A shares (tax included) for 2024. Record date: 26 September 2024. Ex-date: 27 September 2024. Payment date: 27 September 2024. Announcement • Sep 05
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Approves Interim Cash Dividend for the First Half of 2024 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. approved at its EGM held on 2 September 2024 interim cash dividend of CNY 5.0000000 per 10 shares (tax included) for the first half of 2024. New Risk • Sep 02
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 117% Cash payout ratio: 350% Dividend yield: 5.1% 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: 117% Cash payout ratio: 350% High level of non-cash earnings (32% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Aug 17
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Proposes Interim Cash Dividend for the First Half of 2024 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. proposed interim cash dividend of CNY 5.0000000 per 10 shares (tax included) for the first half of 2024. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.31 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.28. Revenue: CN¥413.0m (up 78% from 2Q 2023). Net income: CN¥54.3m (up 15% from 2Q 2023). Profit margin: 13% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Consumer Durables industry in China. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥21.49, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Consumer Durables industry in China. Total returns to shareholders of 22% over the past year. Announcement • Jun 29
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report First Half, 2024 Results on Aug 06, 2024 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report first half, 2024 results on Aug 06, 2024 New Risk • Jun 21
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 8.4% 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: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 69x cash flows per share). Share price has been volatile over the past 3 months (8.4% average weekly change). Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥25.08, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Consumer Durables industry in China. Total returns to shareholders of 54% over the past year. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.089 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.25 (up from CN¥0.089 in 1Q 2023). Revenue: CN¥325.9m (up 34% from 1Q 2023). Net income: CN¥42.8m (up 127% from 1Q 2023). Profit margin: 13% (up from 7.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Consumer Durables industry in China. Reported Earnings • Apr 18
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: CN¥0.96 (in line with FY 2022). Revenue: CN¥1.22b (down 5.3% from FY 2022). Net income: CN¥174.9m (up 8.4% from FY 2022). Profit margin: 14% (up from 13% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 7.9%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Consumer Durables industry in China. Announcement • Apr 17
Suzhou Alton Electrical & Mechanical Industry Co., Ltd., Annual General Meeting, May 08, 2024 Suzhou Alton Electrical & Mechanical Industry Co., Ltd., Annual General Meeting, May 08, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Announcement • Mar 30
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥12.91, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Consumer Durables industry in China. Total loss to shareholders of 28% over the past year. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥17.30, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the Consumer Durables industry in China. Total returns to shareholders of 1.5% over the past year. New Risk • Jan 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (57% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Announcement • Dec 30
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report Fiscal Year 2023 Results on Apr 17, 2024 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report fiscal year 2023 results on Apr 17, 2024 Reported Earnings • Oct 16
Second quarter 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.28 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.31 (up from CN¥0.28 in 2Q 2022). Revenue: CN¥232.6m (down 34% from 2Q 2022). Net income: CN¥47.2m (up 1.6% from 2Q 2022). Profit margin: 20% (up from 13% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Announcement • Oct 01
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Announcement • May 19
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Approves Cash Dividend for the Year 2022 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. approved cash dividend/10 shares (tax included) of CNY 7.00000000 for the year 2022 at its AGM held on 16 May 2023. Reported Earnings • Apr 16
Full year 2022 earnings released: EPS: CN¥0.96 (vs CN¥0.85 in FY 2021) Full year 2022 results: EPS: CN¥0.96 (up from CN¥0.85 in FY 2021). Revenue: CN¥1.28b (down 2.3% from FY 2021). Net income: CN¥161.3m (up 39% from FY 2021). Profit margin: 13% (up from 8.8% in FY 2021). The increase in margin was driven by lower expenses. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.13 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.13 in 3Q 2021). Revenue: CN¥353.4m (up 12% from 3Q 2021). Net income: CN¥50.6m (up 189% from 3Q 2021). Profit margin: 14% (up from 5.5% in 3Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.28 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.28. Revenue: CN¥354.5m (up 5.8% from 2Q 2021). Net income: CN¥46.5m (up 22% from 2Q 2021). Profit margin: 13% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Buying Opportunity • Aug 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be CN¥27.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last year. Earnings per share has declined by 23%. Buying Opportunity • Aug 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be CN¥28.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last year. Earnings per share has declined by 23%. Buying Opportunity • Jun 08
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥28.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last year. Earnings per share has declined by 23%. Announcement • May 31
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Implements Final Cash Dividend on (A Shares) for 2021, Payable on June 7, 2022 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. implemented final cash dividend (tax included) of CNY 5.00000000 per 10 shares on (A shares) for 2021, payable on June 7, 2022 with record date of June 6, 2022 and ex-date of June 7, 2022. Announcement • May 26
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Approves 2021 Profit Distribution Plan Suzhou Alton Electrical & Mechanical Industry Co., Ltd. held its Annual General Meeting of 2021 on 23 May 2022, during which the company approved Cash dividend/10 shares (tax included) of CNY 5.00000000. Buying Opportunity • May 24
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥28.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last year. Earnings per share has declined by 23%. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥25.71, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 28x in the Consumer Durables industry in China. Reported Earnings • May 04
First quarter 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.29 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.27 (down from CN¥0.29 in 1Q 2021). Revenue: CN¥324.6m (down 5.0% from 1Q 2021). Net income: CN¥37.4m (down 7.6% from 1Q 2021). Profit margin: 12% (in line with 1Q 2021). Announcement • May 02
Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Proposes Final Cash Dividend for the Year 2021 Suzhou Alton Electrical & Mechanical Industry Co., Ltd. proposed final cash dividend (tax included) of CNY 5.00000 per 10 shares for the year 2021.