Announcement • Jun 30
Sunwoda Electronic Co.,Ltd to Report First Half, 2026 Results on Aug 27, 2026 Sunwoda Electronic Co.,Ltd announced that they will report first half, 2026 results on Aug 27, 2026 Announcement • Jun 13
Sunwoda Electronic and Tulip Innovation Withdraw Pending Legal Actions in Germany, China, and Korea Sunwoda Electronic (Sunwoda) and Tulip Innovation (Tulip), the licensing agent for lithium-ion battery patents owned by LG Energy Solution and Panasonic Energy, have entered into a patent license agreement under Tulip's lithium-ion battery licensing program. Following the agreement, the parties will withdraw pending legal actions in Germany, China, and Korea, resolving all issues relating to LG Energy Solution and Panasonic Energy battery technology for Sunwoda and Sunwoda's customers. The terms of the agreement remain confidential. The parties emphasized that resolving the global legal proceedings through the execution of a license agreement was in the best interests of both parties, as well as their respective businesses, customers, and stakeholders. The resolution eliminates the uncertainty, disruption, and significant costs associated with continued litigation . Declared Dividend • May 30
Dividend of CN¥0.09 announced Shareholders will receive a dividend of CN¥0.09. Ex-date: 4th June 2026 Payment date: 4th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (35% 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 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 224% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 30
Sunwoda Electronic Co.,Ltd Announces Cash Dividend on A Shares for 2025, Payable on June 04, 2026 Sunwoda Electronic Co.,Ltd announced cash dividend of CNY 0.90000000 per 10 A shares (tax included) for 2025. Record date: 03 June 2026. Ex-date: 04 June 2026. Payment date: 04 June 2026. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.06 (vs CN¥0.21 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.06 (down from CN¥0.21 in 1Q 2025). Revenue: CN¥16.1b (up 31% from 1Q 2025). Net income: CN¥114.0m (down 71% from 1Q 2025). Profit margin: 0.7% (down from 3.1% in 1Q 2025). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 24
Sunwoda Electronic Co.,Ltd, Annual General Meeting, May 15, 2026 Sunwoda Electronic Co.,Ltd, Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: No. 2, Yihe Road, Shilong Community, Shiyan Subdistrict, Bao'an District, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥23.52, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 25x in the Electrical industry in China. Total returns to shareholders of 21% over the past three years. Announcement • Mar 31
Sunwoda Electronic Co.,Ltd to Report Q1, 2026 Results on Apr 24, 2026 Sunwoda Electronic Co.,Ltd announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Jan 26
Tulip Innovation Patent Claims Against Sunwoda Batteries Expand to Include KTC Action On 19 January 2026, the Korea Trade Commission (KTC) instituted a case based on claims filed by Tulip Innovation that Sunwoda's lithium-ion battery cells and Geely Auto Group's battery packs - supplied for a best-selling hybrid SUV in Korea - infringe a patent included in Tulip's battery licensing program. This escalation of Tulip's enforcement campaign against Sunwoda's and its customers' unlicensed activities follows patent actions filed in Germany and is the result of Sunwoda's continued unwillingness to take a license. The KTC action involves Korean Patent No. 10-1089135 and relates to the combination of an electrode and a battery separator, which is an important element for the safety and performance of a car battery. The asserted Korean patent is a counterpart of one of the European patents Tulip asserted in German cases that resulted in the issuance of three injunctions against Sunwoda last year. As the licensing agent for a portfolio of over 5,000 patents owned by LG Energy Solution and Panasonic Energy, Tulip's enforcement efforts are mainly directed at battery manufacturers but may also include customers that source batteries from unlicensed suppliers. The newly instituted Korean case demonstrates the global strength of the Tulip portfolio and indicates that companies operating downstream in the lithium-ion battery supply chain may have patent infringement liability relating to unlicensed products. Announcement • Dec 31
Sunwoda Electronic Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026 Sunwoda Electronic Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026 New Risk • Dec 29
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. New Risk • Nov 13
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 9.4% 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 (9.4% average weekly change). Minor Risk Large one-off items impacting financial results. Board Change • Nov 08
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Qiyou Wu 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. Price Target Changed • Nov 05
Price target increased by 17% to CN¥30.47 Up from CN¥26.15, the current price target is an average from 4 analysts. New target price is 16% below last closing price of CN¥36.17. Stock is up 55% over the past year. The company is forecast to post earnings per share of CN¥1.10 for next year compared to CN¥0.79 last year. Reported Earnings • Oct 30
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.30 (up from CN¥0.22 in 3Q 2024). Revenue: CN¥16.5b (up 15% from 3Q 2024). Net income: CN¥549.6m (up 42% from 3Q 2024). Profit margin: 3.3% (up from 2.7% in 3Q 2024). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Announcement • Sep 30
Sunwoda Electronic Co.,Ltd to Report Q3, 2025 Results on Oct 30, 2025 Sunwoda Electronic Co.,Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥33.86, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 25x in the Electrical industry in China. Total returns to shareholders of 49% over the past three years. Announcement • Sep 20
Sunwoda Electronic Co.,Ltd Approves Interim Dividend for 2025 Sunwoda Electronic Co.,Ltd held its 4th Extraordinary General Meeting of 2025 on 18 September 2025, approved interim Cash dividend/10 shares (tax included): CNY0.60000000 for 2025. New Risk • Sep 18
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 6.9% 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 (6.9% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥29.40, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Electrical industry in China. Total returns to shareholders of 11% over the past three years. New Risk • Aug 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 52% 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: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Aug 29
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: CN¥0.26 (down from CN¥0.27 in 2Q 2024). Revenue: CN¥14.7b (up 14% from 2Q 2024). Net income: CN¥469.5m (down 7.1% from 2Q 2024). Profit margin: 3.2% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Aug 29
Sunwoda Electronic Co.,Ltd Proposes Interim Dividend for 2025 Sunwoda Electronic Co.,Ltd proposed interim dividend for 2025 at its EGM to be held on 18 September 2025: Cash dividend/10 shares (tax included): CNY 0.60000000. Announcement • Jul 02
Sunwoda Electronic Co.,Ltd to Report First Half, 2025 Results on Aug 28, 2025 Sunwoda Electronic Co.,Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • May 29
Dividend increased to CN¥0.15 Dividend of CN¥0.15 is 25% higher than last year. Ex-date: 4th June 2025 Payment date: 4th June 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (18% 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 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 97% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 23
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: CN¥0.79 (up from CN¥0.58 in FY 2023). Revenue: CN¥56.0b (up 17% from FY 2023). Net income: CN¥1.47b (up 36% from FY 2023). Profit margin: 2.6% (up from 2.2% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical 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 fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Apr 23
Sunwoda Electronic Co.,Ltd Proposes Final Cash Dividend for 2024 Sunwoda Electronic Co.,Ltd announced on 22 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 1.50000000. Announcement • Apr 22
Sunwoda Electronic Co.,Ltd, Annual General Meeting, May 14, 2025 Sunwoda Electronic Co.,Ltd, Annual General Meeting, May 14, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥16.70, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electrical industry in China. Total loss to shareholders of 28% over the past three years. Announcement • Mar 31
Sunwoda Electronic Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 Sunwoda Electronic Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Sunwoda Electronic Co.,Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025 Sunwoda Electronic Co.,Ltd announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: EPS: CN¥0.22 (up from CN¥0.19 in 3Q 2023). Revenue: CN¥14.4b (up 19% from 3Q 2023). Net income: CN¥388.4m (up 6.3% from 3Q 2023). Profit margin: 2.7% (down from 3.0% in 3Q 2023). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 6.8%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China. 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 21% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥21.62, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Electrical industry in China. Total loss to shareholders of 52% over the past three years. New Risk • Sep 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 9.4% 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 (9.4% average weekly change). Minor Risk Large one-off items impacting financial results. Announcement • Sep 30
Sunwoda Electronic Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 Sunwoda Electronic Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥18.37, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Electrical industry in China. Total loss to shareholders of 50% over the past three years. Price Target Changed • Sep 06
Price target increased by 10% to CN¥21.25 Up from CN¥19.25, the current price target is an average from 4 analysts. New target price is 33% above last closing price of CN¥15.96. Stock is down 0.4% over the past year. The company is forecast to post earnings per share of CN¥0.94 for next year compared to CN¥0.58 last year. Major Estimate Revision • Sep 05
Consensus EPS estimates increase by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CN¥0.829 to CN¥0.94. Revenue forecast unchanged at CN¥53.6b. Net income forecast to grow 27% next year vs 44% growth forecast for Electrical industry in China. Consensus price target up from CN¥19.25 to CN¥20.00. Share price rose 3.8% to CN¥16.49 over the past week. Reported Earnings • Aug 31
Second quarter 2024 earnings: EPS exceeds analyst expectations Second quarter 2024 results: EPS: CN¥0.27 (down from CN¥0.33 in 2Q 2023). Revenue: CN¥12.9b (up 10% from 2Q 2023). Net income: CN¥505.2m (down 16% from 2Q 2023). Profit margin: 3.9% (down from 5.1% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 50%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥18.47, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Electrical industry in China. Total loss to shareholders of 43% over the past three years. Announcement • Jun 29
Sunwoda Electronic Co.,Ltd to Report First Half, 2024 Results on Aug 30, 2024 Sunwoda Electronic Co.,Ltd announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.09 loss in 1Q 2023). Revenue: CN¥11.0b (up 4.7% from 1Q 2023). Net income: CN¥318.7m (up CN¥483.4m from 1Q 2023). Profit margin: 2.9% (up from net loss in 1Q 2023). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Announcement • Apr 13
Sunwoda Electronic Co.,Ltd Proposes Final Cash Dividend for the Year 2023 Sunwoda Electronic Co.,Ltd proposed final cash dividend of CNY 1.20000000 per 10 shares (tax included) for the year 2023. Announcement • Apr 11
Sunwoda Electronic Co.,Ltd, Annual General Meeting, May 07, 2024 Sunwoda Electronic Co.,Ltd, Annual General Meeting, May 07, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Reported Earnings • Apr 11
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.58. Revenue: CN¥47.9b (down 8.2% from FY 2022). Net income: CN¥1.08b (up 1.2% from FY 2022). Profit margin: 2.2% (up from 2.0% in FY 2022). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 5.3%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Announcement • Mar 30
Sunwoda Electronic Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024 Sunwoda Electronic Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Mar 01
Sunwoda Electronic Co.,Ltd (SZSE:300207) announces an Equity Buyback for CNY 500 million worth of its shares. Sunwoda Electronic Co.,Ltd (SZSE:300207) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its shares. The repurchase program is valid for 12 months. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥13.56, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Electrical industry in China. Total loss to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.12 per share. Announcement • Dec 30
Sunwoda Electronic Co.,Ltd to Report Fiscal Year 2023 Results on Apr 24, 2024 Sunwoda Electronic Co.,Ltd announced that they will report fiscal year 2023 results on Apr 24, 2024 Major Estimate Revision • Nov 02
Consensus revenue estimates fall by 16% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥60.4b to CN¥51.0b. EPS estimate fell from CN¥0.603 to CN¥0.595 per share. Net income forecast to grow 32% next year vs 57% growth forecast for Electrical industry in China. Consensus price target down from CN¥20.67 to CN¥20.00. Share price was steady at CN¥15.34 over the past week. Announcement • Nov 01
Sunwoda Electronic Co.,Ltd (SZSE:300207) commences an Equity Buyback Plan for CNY 200 million worth of its shares, under the authorization approved on September 19, 2023. Sunwoda Electronic Co.,Ltd (SZSE:300207) commences share repurchases on October 27, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on September 19, 2023. As per the mandate, the company is authorized to repurchase not more than CNY 200 million worth of its own shares. The shares will be repurchased at a price of not more than CNY 20 per share. The plan will be valid for 12 months from the shareholders' meeting. Reported Earnings • Oct 27
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.18 in 3Q 2022). Revenue: CN¥12.1b (down 19% from 3Q 2022). Net income: CN¥365.2m (up 16% from 3Q 2022). Profit margin: 3.0% (up from 2.1% in 3Q 2022). Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Announcement • Sep 30
Sunwoda Electronic Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023 Sunwoda Electronic Co.,Ltd announced that they will report Q3, 2023 results on Oct 27, 2023 Announcement • Sep 07
Sunwoda Electronic Co.,Ltd Announces Board Appointments Sunwoda Electronic Co.,Ltd announced at the EGM held on September 4, 2023, approved election of Zeng Di as non-independent directors, Tang Xu as independent directors. Major Estimate Revision • Sep 05
Consensus revenue estimates decrease by 10%, EPS upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥69.0b to CN¥61.8b. EPS estimate increased from CN¥0.55 to CN¥0.603 per share. Net income forecast to grow 42% next year vs 61% growth forecast for Electrical industry in China. Consensus price target down from CN¥21.50 to CN¥17.00. Share price rose 6.6% to CN¥16.36 over the past week. Price Target Changed • Sep 02
Price target decreased by 21% to CN¥17.00 Down from CN¥21.50, the current price target is an average from 2 analysts. New target price is 5.1% above last closing price of CN¥16.17. Stock is down 41% over the past year. The company is forecast to post earnings per share of CN¥0.59 for next year compared to CN¥0.62 last year. Announcement • Aug 29
Sunwoda Electronic Co.,Ltd (SZSE:300207) announces an Equity Buyback for CNY 200 million worth of its shares. Sunwoda Electronic Co.,Ltd (SZSE:300207) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of shares. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.33 (vs CN¥0.19 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.33 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥11.8b (up 6.0% from 2Q 2022). Net income: CN¥603.2m (up 118% from 2Q 2022). Profit margin: 5.1% (up from 2.5% in 2Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Jun 08
Sunwoda Electronic Co.,Ltd Announces Final Dividend on A Shares for the Year 2022, Payable on June 14, 2023 Sunwoda Electronic Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 0.80004400 on A shares for the year 2022. Record date is June 13, 2023. Ex-date is May June 14, 2023. Payment date is June 14, 2023. Major Estimate Revision • Jun 03
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from CN¥65.9b to CN¥69.0b. EPS estimate increased from CN¥1.24 to CN¥1.40 per share. Net income forecast to grow 74% next year vs 59% growth forecast for Electrical industry in China. Consensus price target down from CN¥29.44 to CN¥25.53. Share price rose 4.1% to CN¥16.69 over the past week. Reported Earnings • Apr 28
First quarter 2023 earnings released: CN¥0.09 loss per share (vs CN¥0.05 profit in 1Q 2022) First quarter 2023 results: CN¥0.09 loss per share (down from CN¥0.05 profit in 1Q 2022). Revenue: CN¥10.5b (down 1.3% from 1Q 2022). Net loss: CN¥164.7m (down 274% from profit in 1Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Electrical industry in China. 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 5% per year. Announcement • Nov 16
Sunwoda Electronic Co.,Ltd has completed a Follow-on Equity Offering in the amount of $440.0127 million. Sunwoda Electronic Co.,Ltd has completed a Follow-on Equity Offering in the amount of $440.0127 million.
Security Name: Global Depositary Receipts
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 28,759,000
Price\Range: $15.3
Transaction Features: Subsequent Direct Listing Price Target Changed • Nov 16
Price target decreased to CN¥32.25 Down from CN¥40.18, the current price target is an average from 3 analysts. New target price is 29% above last closing price of CN¥25.00. Stock is down 52% over the past year. The company is forecast to post earnings per share of CN¥0.66 for next year compared to CN¥0.58 last year. Price Target Changed • Nov 04
Price target decreased to CN¥36.90 Down from CN¥40.18, the current price target is an average from 4 analysts. New target price is 46% above last closing price of CN¥25.30. Stock is down 46% over the past year. The company is forecast to post earnings per share of CN¥0.68 for next year compared to CN¥0.58 last year. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.033 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.033 in 3Q 2021). Revenue: CN¥14.9b (up 50% from 3Q 2021). Net income: CN¥315.5m (up CN¥263.3m from 3Q 2021). Profit margin: 2.1% (up from 0.5% in 3Q 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Sep 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be CN¥29.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 67% in 2 years. Earnings is forecast to grow by 292% in the next 2 years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.33 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.33 in 2Q 2021). Revenue: CN¥11.1b (up 42% from 2Q 2021). Net income: CN¥277.1m (down 43% from 2Q 2021). Profit margin: 2.5% (down from 6.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 28%, compared to a 55% growth forecast for the Electrical 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 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 02
Sunwoda Electronic Co.,Ltd Implements Cash Dividend for 2021, Payable on July 8, 2022 Sunwoda Electronic Co.,Ltd announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 0.70013400. Record date: 07 July 2022, ex-date: 08 July 2022 and payment date: 08 July 2022. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥34.99, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 23x in the Electrical industry in China. Total returns to shareholders of 196% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥22.63 per share. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥31.30, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 23x in the Electrical industry in China. Total returns to shareholders of 180% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.94 per share. Announcement • May 14
Sunwoda Electronic Co.,Ltd Approves Final Dividend for the Year 2021 Sunwoda Electronic Co.,Ltd held its Annual General Meeting of 2021 on 11 May 2022, during which the proposal(s) was/were approved of cash dividend/10 shares (tax included) of CNY 0.70000000 for the year 2021. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥22.25, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Electrical industry in China. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.37 per share. Price Target Changed • Apr 27
Price target decreased to CN¥36.87 Down from CN¥51.83, the current price target is an average from 6 analysts. New target price is 75% above last closing price of CN¥21.03. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of CN¥0.67 for next year compared to CN¥0.58 last year. Major Estimate Revision • Apr 19
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from CN¥1.12 to CN¥0.67 per share. Revenue forecast steady at CN¥46.6b. Net income forecast to grow 27% next year vs 49% growth forecast for Electrical industry in China. Consensus price target down from CN¥51.83 to CN¥36.87. Share price fell 2.4% to CN¥23.29 over the past week. Announcement • Apr 16
Sunwoda Electronic Co.,Ltd, Annual General Meeting, May 11, 2022 Sunwoda Electronic Co.,Ltd, Annual General Meeting, May 11, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to 2021 work report of the supervisory committee; to 2021 annual report and its summary; to 2021 annual accounts; to Provision of guarantee for subsidiaries; and to Reappointment of 2022 audit firm. Price Target Changed • Apr 15
Price target decreased to CN¥43.50 Down from CN¥51.17, the current price target is an average from 5 analysts. New target price is 91% above last closing price of CN¥22.72. Stock is up 5.4% over the past year. The company is forecast to post earnings per share of CN¥0.78 for next year compared to CN¥0.58 last year. Announcement • Apr 14
Sunwoda Electronic Co.,Ltd Proposes Final Dividend for the Year 2021 Sunwoda Electronic Co.,Ltd proposed cash dividend/10 shares (tax included) of CNY 0.70000000 for the year 2021. Reported Earnings • Apr 13
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: CN¥0.58 (up from CN¥0.52 in FY 2020). Revenue: CN¥37.4b (up 26% from FY 2020). Net income: CN¥915.7m (up 14% from FY 2020). Profit margin: 2.5% (down from 2.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.7%. Over the next year, revenue is forecast to grow 24%, compared to a 67% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥31.66, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 24x in the Electrical industry in China. Total returns to shareholders of 167% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥36.97 per share. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 21% share price decline to CN¥29.10, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 25x in the Electrical industry in China. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥37.44 per share.