Announcement • Apr 24
Xiamen Guang Pu Electronics Co., Ltd., Annual General Meeting, May 19, 2026 Xiamen Guang Pu Electronics Co., Ltd., Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: Comprehensive Building, No. 1800-1812, Min'an Avenue, Xiang'an Industrial Zone, Huoju High-tech Zone, Xiamen, Fujian China New Risk • Apr 15
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 8.2% 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 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). Announcement • Mar 31
Xiamen Guang Pu Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Xiamen Guang Pu Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Jan 05
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 7.3% 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 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). Announcement • Dec 31
Xiamen Guang Pu Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Xiamen Guang Pu Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 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. Non-Employee Supervisor Wanqiao Shi 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 19
Third quarter 2025 earnings released: EPS: CN¥0.079 (vs CN¥0.086 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.079 (down from CN¥0.086 in 3Q 2024). Revenue: CN¥217.7m (flat on 3Q 2024). Net income: CN¥24.1m (down 8.4% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Sep 30
Xiamen Guang Pu Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Xiamen Guang Pu Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 25
Second quarter 2025 earnings released: EPS: CN¥0.002 (vs CN¥0.072 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.002 (down from CN¥0.072 in 2Q 2024). Revenue: CN¥193.3m (down 11% from 2Q 2024). Net income: CN¥504.1k (down 98% from 2Q 2024). Profit margin: 0.3% (down from 10% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jul 02
Xiamen Guang Pu Electronics Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Xiamen Guang Pu Electronics Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • Jun 06
Dividend of CN¥0.10 announced Shareholders will receive a dividend of CN¥0.10. Ex-date: 10th June 2025 Payment date: 10th June 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (189% earnings payout ratio) and 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 34% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 110% to bring the payout ratio under control. However, EPS has declined by 25% over the last 5 years so the company would need to reverse this trend. Announcement • Apr 25
Xiamen Guang Pu Electronics Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Xiamen Guang Pu Electronics Co., Ltd. proposed final Cash dividend of CNY 1.00000000 per 10 shares for the year 2024. New Risk • Apr 24
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: 6.5% Last year net profit margin: 10.0% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 247% Cash payout ratio: 391% Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Profit margins are more than 30% lower than last year (6.5% net profit margin). Reported Earnings • Apr 24
Full year 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.29 in FY 2023) Full year 2024 results: EPS: CN¥0.17 (down from CN¥0.29 in FY 2023). Revenue: CN¥802.1m (down 10% from FY 2023). Net income: CN¥52.2m (down 42% from FY 2023). Profit margin: 6.5% (down from 10.0% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Apr 23
Xiamen Guang Pu Electronics Co., Ltd., Annual General Meeting, May 16, 2025 Xiamen Guang Pu Electronics Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: 12F, Comprehensive Building, No. 1800-1812, Min'an Avenue, Xiang'an Industrial Zone, Huoju High-tech Zone, Xiamen, Fujian China New Risk • Apr 07
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 10% 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 (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 247% Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥10.09, the stock trades at a trailing P/E ratio of 57.3x. Average trailing P/E is 40x in the Electrical industry in China. Total loss to shareholders of 16% over the past three years. Announcement • Mar 31
Xiamen Guang Pu Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Xiamen Guang Pu Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 New Risk • Feb 10
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 8.7% 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: 247% Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥13.44, the stock trades at a trailing P/E ratio of 76.3x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 4.5% over the past three years. Announcement • Dec 31
Xiamen Guang Pu Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Xiamen Guang Pu Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.086 (vs CN¥0.096 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.086 (down from CN¥0.096 in 3Q 2023). Revenue: CN¥219.1m (down 16% from 3Q 2023). Net income: CN¥26.3m (down 12% from 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Xiamen Guang Pu Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Xiamen Guang Pu Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥11.40, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 15% over the past three years. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.072 (vs CN¥0.17 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.072 (down from CN¥0.17 in 2Q 2023). Revenue: CN¥216.1m (down 19% from 2Q 2023). Net income: CN¥22.0m (down 58% from 2Q 2023). Profit margin: 10% (down from 19% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Jul 27
Xiamen Guang Pu Electronics Co., Ltd. Approves Board Elections Xiamen Guang Pu Electronics Co., Ltd. at its Extraordinary General Meeting held on 25 July 2024 approved the election of Lin Guobiao as non-independent director. The company approved the election of Kang Junyong and Lin Zhiyang as independent director. The company approved the election of Shi Wanqiao as non-employee supervisor. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.66, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 26% over the past three years. Announcement • Jun 29
Xiamen Guang Pu Electronics Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Xiamen Guang Pu Electronics Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Board Change • Jun 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 Jianhong Dai was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Declared Dividend • May 27
Dividend increased to CN¥0.20 Dividend of CN¥0.20 is 306% higher than last year. Ex-date: 30th May 2024 Payment date: 30th May 2024 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 31% per year over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 18% to shift the payout ratio to a potentially unsustainable range, which is more than the 13% EPS decline seen over the last 5 years. Announcement • May 25
Xiamen Guang Pu Electronics Co., Ltd. Announces Final Dividend on A Shares for the Year 2023, Payable on 30 May 2024 Xiamen Guang Pu Electronics Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY2.03165100 on A shares for the year 2023. Record date is 29 May 2024. Ex-date is 30 May 2024. Payment date is 30 May 2024. Buy Or Sell Opportunity • May 24
Now 23% undervalued Over the last 90 days, the stock has risen 9.1% to CN¥10.21. The fair value is estimated to be CN¥13.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.4% over the last 3 years. Earnings per share has declined by 35%. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥11.26, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 32x in the Electrical industry in China. Total loss to shareholders of 29% over the past three years. New Risk • May 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% 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. Large one-off items impacting financial results. Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.17 in FY 2022) Full year 2023 results: EPS: CN¥0.29 (up from CN¥0.17 in FY 2022). Revenue: CN¥894.5m (up 8.3% from FY 2022). Net income: CN¥89.3m (up 70% from FY 2022). Profit margin: 10.0% (up from 6.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥8.50, the stock trades at a trailing P/E ratio of 51.2x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 45% over the past three years. Announcement • Mar 30
Xiamen Guang Pu Electronics Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Xiamen Guang Pu Electronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Announcement • Feb 08
Xiamen Guang Pu Electronics Co., Ltd. (SZSE:300632) announces an Equity Buyback for CNY 200 million worth of its shares. Xiamen Guangpu Electronics Co., Ltd. (SZSE:300632) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price of not more than CNY 12 per share. The shares purchased will be used for safeguarding the company's value and shareholders' rights. The program will be funded out of the company's own funds or self-raised funds. The program will be valid till 3 months. As of February 5, 2024, the company had 305,181,620 shares outstanding. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥7.50, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 23x in the Electrical industry in China. Total loss to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥10.01, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 30x in the Electrical industry in China. Total loss to shareholders of 20% over the past three years. Announcement • Dec 29
Xiamen Guang Pu Electronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024 Xiamen Guang Pu Electronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.096 (vs CN¥0.096 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.096 (in line with 3Q 2022). Revenue: CN¥262.1m (up 67% from 3Q 2022). Net income: CN¥30.0m (up 6.0% from 3Q 2022). Profit margin: 11% (down from 18% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.17 (up from CN¥0.16 in 2Q 2022). Revenue: CN¥267.3m (flat on 2Q 2022). Net income: CN¥51.9m (up 2.1% from 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Jun 06
Xiamen Guang Pu Electronics Co., Ltd. Announces 2022 Final Cash Dividend on A Shares for 2022, Payable on 12 June 2023 Xiamen Guang Pu Electronics Co., Ltd. announced 2022 final cash dividend/10 shares (tax included) (A shares) of CNY 0.50000000 for the year 2022. Record date: 09 June 2023. Ex-date: 12 June 2023. Payment date: 12 June 2023. Announcement • May 19
Xiamen Guang Pu Electronics Co., Ltd. Approves Cash Dividend for the Year 2022 Xiamen Guang Pu Electronics Co., Ltd. at its AGM held on May 16, 2023, approved cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2022. Reported Earnings • Apr 23
Full year 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.26 in FY 2021) Full year 2022 results: EPS: CN¥0.17 (down from CN¥0.26 in FY 2021). Revenue: CN¥826.3m (down 19% from FY 2021). Net income: CN¥52.5m (down 35% from FY 2021). Profit margin: 6.4% (down from 7.9% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Dec 15
Xiamen Guangpu Electronics Co., Ltd. (SZSE:300632) announces an Equity Buyback for CNY 150 million worth of its shares. Xiamen Guangpu Electronics Co., Ltd. (SZSE:300632) announces a share repurchase program. Under the program, the company will repurchase up to CNY 150 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 18 per share. The shares purchased will be used for the company's employee stock ownership plans or equity incentive plans. The program will be funded out of the company's own funds or loans from financial institutions. The program will be valid till 12 months. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥13.60, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 34x in the Electrical industry in China. Total loss to shareholders of 34% over the past three years. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Ruimei Lin was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥12.07, the stock trades at a trailing P/E ratio of 39.1x. Average trailing P/E is 35x in the Electrical industry in China. Total loss to shareholders of 26% over the past three years. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.096 (vs CN¥0.10 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.096 (down from CN¥0.10 in 3Q 2021). Revenue: CN¥156.9m (down 36% from 3Q 2021). Net income: CN¥28.3m (down 6.2% from 3Q 2021). Profit margin: 18% (up from 12% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.10 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.10 in 2Q 2021). Revenue: CN¥264.9m (down 5.7% from 2Q 2021). Net income: CN¥50.9m (up 62% from 2Q 2021). Profit margin: 19% (up from 11% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥13.84, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 43x in the Electrical industry in China. Total loss to shareholders of 4.5% over the past three years. Announcement • Jul 13
Xiamen Guangpu Electronics Co., Ltd. Announces Final Dividend on Share A for 2021, Payable on July 18, 2022 Xiamen Guangpu Electronics Co., Ltd. announced Cash dividend/10 shares (tax included): CNY 0.50161800 on share A for 2021. Record date: 15 July 2022, Ex-date: 18 July 2022 and Payment date: 18 July 2022. Announcement • May 20
Xiamen Guangpu Electronics Co., Ltd. Approves Cash Dividend for the Year of 2021 Xiamen Guangpu Electronics Co., Ltd. at its AGM held on 18 May 2022 approved cash dividend per 10 shares (tax included) of CNY 0.50000000 for the year of 2021. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.26 (vs CN¥0.53 in FY 2020) Full year 2021 results: EPS: CN¥0.26 (down from CN¥0.53 in FY 2020). Revenue: CN¥1.01b (up 5.2% from FY 2020). Net income: CN¥80.6m (down 41% from FY 2020). Profit margin: 7.9% (down from 14% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Ruimei Lin was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
Xiamen Guangpu Electronics Co., Ltd. Proposes Final Dividend for the Year 2021 Xiamen Guangpu Electronics Co., Ltd. proposed final cash dividend of CNY 0.50000000 per 10 shares (tax included) for the year 2021. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥13.14, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 42x in the Electrical industry in China. Total returns to shareholders of 34% over the past three years. Reported Earnings • Oct 25
Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.13 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥245.0m (up 2.4% from 3Q 2020). Net income: CN¥30.1m (up 3.7% from 3Q 2020). Profit margin: 12% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.24 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥281.0m (down 1.3% from 2Q 2020). Net income: CN¥31.4m (down 44% from 2Q 2020). Profit margin: 11% (down from 20% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. 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 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 21
Xiamen Guangpu Electronics Co., Ltd. Announces Dividend for 2020 Xiamen Guangpu Electronics Co., Ltd., at its AGM held on May 18, 2021, announced dividend of CNY 1.00000000 per 10 shares (tax included) for the year 2020. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥15.98, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 30x in the Electrical industry in China. Total returns to shareholders of 55% over the past three years. Announcement • Apr 27
Xiamen Guangpu Electronics Co., Ltd. Proposes Final Dividend for the Year 2020 Xiamen Guangpu Electronics Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2020. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.53 (vs CN¥0.74 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥964.2m (down 1.9% from FY 2019). Net income: CN¥135.4m (down 22% from FY 2019). Profit margin: 14% (down from 18% in FY 2019). The decrease in margin was primarily driven by higher expenses. 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 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥13.90, the stock is trading at a trailing P/E ratio of 22.9x, up from the previous P/E ratio of 19.8x. This compares to an average P/E of 34x in the Electrical industry in China. Total returns to shareholders over the past three years are 60%. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥12.66 The company is down 41% from its price of CN¥21.53 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 30% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥12.95 The company is down 32% from its price of CN¥19.00 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 38% over the same period. Is New 90 Day High Low • Dec 21
New 90-day low: CN¥17.35 The company is down 7.0% from its price of CN¥18.64 on 22 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 21% share price decline to CN¥17.35, the stock is trading at a trailing P/E ratio of 28.6x, down from the previous P/E ratio of 36.3x. This compares to an average P/E of 36x in the Electrical industry in China. Total returns to shareholders over the past three years are 72%. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥141.6m, down 24% from the prior year. Total revenue was CN¥933.2m over the last 12 months, down 8.7% from the prior year. Valuation Update With 7 Day Price Move • Oct 22
Market bids up stock over the past week After last week's 17% share price gain to CN¥22.51, the stock is trading at a trailing P/E ratio of 29.3x, up from the previous P/E ratio of 25.1x. This compares to an average P/E of 41x in the Electrical industry in China. Total returns to shareholders over the past three years are 73%. Is New 90 Day High Low • Oct 14
New 90-day high: CN¥20.25 The company is up 24% from its price of CN¥16.36 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 8.0% over the same period. Announcement • Aug 10
Xiamen Guangpu Electronics Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020 Xiamen Guangpu Electronics Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020 
