New Risk • Apr 22
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). 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. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥15.92, the stock trades at a trailing P/E ratio of 68.6x. Average trailing P/E is 58x in the Electrical industry in China. Total returns to shareholders of 187% over the past three years. Announcement • Apr 10
Beijing SOJO Electric Co., Ltd., Annual General Meeting, Apr 30, 2026 Beijing SOJO Electric Co., Ltd., Annual General Meeting, Apr 30, 2026, at 14:50 China Standard Time. Location: Tower 1, Area A, Building 40, Yard No. 8, Dongbeiwang West Road, Haidian District, Beijing China Reported Earnings • Apr 10
Full year 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.10 in FY 2024) Full year 2025 results: EPS: CN¥0.23 (up from CN¥0.10 in FY 2024). Revenue: CN¥4.83b (up 39% from FY 2024). Net income: CN¥185.5m (up 129% from FY 2024). Profit margin: 3.8% (up from 2.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Beijing SOJO Electric Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Beijing SOJO Electric Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Dec 31
Beijing SOJO Electric Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Beijing SOJO Electric Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 New Risk • Nov 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 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.027 (vs CN¥0.038 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.027 (down from CN¥0.038 in 3Q 2024). Revenue: CN¥933.5m (up 4.9% from 3Q 2024). Net income: CN¥21.6m (down 28% from 3Q 2024). Profit margin: 2.3% (down from 3.4% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Beijing SOJO Electric Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Beijing SOJO Electric Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.007 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.13 (up from CN¥0.007 in 2Q 2024). Revenue: CN¥1.78b (up 165% from 2Q 2024). Net income: CN¥102.6m (up CN¥96.8m from 2Q 2024). Profit margin: 5.8% (up from 0.9% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Beijing SOJO Electric Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Beijing SOJO Electric Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • Apr 16
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.05% Last year net profit margin: 3.1% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.05% net profit margin). Reported Earnings • Apr 16
First quarter 2025 earnings released: EPS: CN¥0.001 (vs CN¥0.10 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.001 (down from CN¥0.10 in 1Q 2024). Revenue: CN¥597.7m (down 40% from 1Q 2024). Net income: CN¥947.3k (down 99% from 1Q 2024). Profit margin: 0.2% (down from 8.0% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Apr 16
Beijing SOJO Electric Co., Ltd., Annual General Meeting, May 07, 2025 Beijing SOJO Electric Co., Ltd., Annual General Meeting, May 07, 2025, at 14:50 China Standard Time. Location: Building 1, Area A, Building 40, Yard No. 8, Dongbeiwang West Road, Haidian District, Beijing China New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (39% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥6.12, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 40x in the Electrical industry in China. Total returns to shareholders of 21% over the past three years. Announcement • Mar 31
Beijing SOJO Electric Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Beijing SOJO Electric Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥8.90, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 43x in the Electrical industry in China. Total returns to shareholders of 55% over the past three years. Announcement • Jan 04
Beijing SOJO Electric Co., Ltd. Announces Board Appointments Beijing SOJO Electric Co., Ltd. at the Extraordinary General Meeting of 2024 on 31 December 2024 approved election and nomination of non-independent directors, cumulative voting system applicable: Zhao Ye, non-independent director; Election and nomination of independent directors, cumulative voting system applicable: Wang Yongmei, independent director; Zeng Shaojun, independent director; Wang Lianggui, independent director. Announcement • Dec 31
Beijing SOJO Electric Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Beijing SOJO Electric Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.038 (vs CN¥0.057 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.038 (down from CN¥0.057 in 3Q 2023). Revenue: CN¥890.1m (down 17% from 3Q 2023). Net income: CN¥30.1m (down 32% from 3Q 2023). Profit margin: 3.4% (down from 4.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% 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 84% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Oct 18
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to CN¥6.78. The fair value is estimated to be CN¥5.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 142% in 2 years. Earnings are forecast to grow by 361% in the next 2 years. 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¥6.61, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Electrical industry in China. Total loss to shareholders of 1.8% over the past three years. Announcement • Sep 30
Beijing SOJO Electric Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Beijing SOJO Electric Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥7.14, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Electrical industry in China. Total returns to shareholders of 1.4% over the past three years. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.024 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.007 (up from CN¥0.024 loss in 2Q 2023). Revenue: CN¥671.8m (down 7.2% from 2Q 2023). Net income: CN¥5.81m (up CN¥23.3m from 2Q 2023). Profit margin: 0.9% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 25% 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 57% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Aug 08
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 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Buy Or Sell Opportunity • Jul 31
Now 21% overvalued Over the last 90 days, the stock has fallen 3.7% to CN¥6.04. The fair value is estimated to be CN¥5.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 126% in 2 years. Earnings are forecast to grow by 431% in the next 2 years. Buy Or Sell Opportunity • Jul 09
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at CN¥5.99. The fair value is estimated to be CN¥4.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 126% in 2 years. Earnings are forecast to grow by 431% in the next 2 years. Announcement • Jun 29
Beijing SOJO Electric Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Beijing SOJO Electric Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.11 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.10. Revenue: CN¥1.00b (up 33% from 1Q 2023). Net income: CN¥80.4m (up 3.5% from 1Q 2023). Profit margin: 8.0% (down from 10% in 1Q 2023). Announcement • Apr 23
Beijing SOJO Electric Co., Ltd., Annual General Meeting, May 14, 2024 Beijing SOJO Electric Co., Ltd., Annual General Meeting, May 14, 2024, at 14:30 China Standard Time. Location: 2F, No. 5, Leyuan South 1st Street, Yanxi Economic Development Zone, Huairou District, Beijing China Announcement • Mar 30
Beijing SOJO Electric Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Beijing SOJO Electric Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Dec 29
Beijing SOJO Electric Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Beijing SOJO Electric Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Board Change • Dec 15
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Independent Director Lianhua Zhao was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 23
Third quarter 2023 earnings released: EPS: CN¥0.057 (vs CN¥0.035 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.057 (up from CN¥0.035 loss in 3Q 2022). Revenue: CN¥1.07b (up 75% from 3Q 2022). Net income: CN¥44.3m (up CN¥69.6m from 3Q 2022). Profit margin: 4.1% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Beijing SOJO Electric Co., Ltd. to Report Q3, 2023 Results on Oct 23, 2023 Beijing SOJO Electric Co., Ltd. announced that they will report Q3, 2023 results on Oct 23, 2023 New Risk • Aug 17
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥231m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥231m free cash flow). Earnings have declined by 18% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Aug 16
Second quarter 2023 earnings released: CN¥0.024 loss per share (vs CN¥0.067 loss in 2Q 2022) Second quarter 2023 results: CN¥0.024 loss per share (improved from CN¥0.067 loss in 2Q 2022). Revenue: CN¥723.8m (up 49% from 2Q 2022). Net loss: CN¥17.5m (loss narrowed 64% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.01 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.01 loss in 1Q 2022). Revenue: CN¥755.5m (up 109% from 1Q 2022). Net income: CN¥77.6m (up CN¥85.2m from 1Q 2022). Profit margin: 10% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.035 loss per share (vs CN¥0.012 loss in 3Q 2021) Third quarter 2022 results: CN¥0.035 loss per share (further deteriorated from CN¥0.012 loss in 3Q 2021). Revenue: CN¥613.4m (up 123% from 3Q 2021). Net loss: CN¥25.3m (loss widened 209% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.067 loss per share (vs CN¥0.011 profit in 2Q 2021) Second quarter 2022 results: CN¥0.067 loss per share (down from CN¥0.011 profit in 2Q 2021). Revenue: CN¥486.9m (up 66% from 2Q 2021). Net loss: CN¥48.8m (down CN¥56.8m from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jun 14
Beijing Sojo Electric to Invest in New Material Firm Gellec Beijing SOJO Electric Co., Ltd. (SZSE:300444) said it plans to acquire Gellec's new shares via its stakes and creditor's rights in its film JV. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: CN¥0.01 loss per share (down from CN¥0.005 profit in 1Q 2021). Revenue: CN¥361.2m (up 71% from 1Q 2021). Net loss: CN¥7.59m (down 324% from profit in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. 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 23% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.012 loss per share (vs CN¥0.033 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥275.2m (down 25% from 3Q 2020). Net loss: CN¥8.19m (down 141% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.011 (vs CN¥0.028 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥293.4m (down 21% from 2Q 2020). Net income: CN¥8.04m (down 51% from 2Q 2020). Profit margin: 2.7% (down from 4.4% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.005 (vs CN¥0.009 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥211.7m (up 20% from 1Q 2020). Net income: CN¥3.39m (up CN¥8.70m from 1Q 2020). Profit margin: 1.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥5.02 The company is down 3.0% from its price of CN¥5.18 on 30 September 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 39% over the same period. Is New 90 Day High Low • Oct 26
New 90-day high: CN¥8.03 The company is up 102% from its price of CN¥3.97 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 10.0% over the same period. Reported Earnings • Oct 16
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥650.1m, with earnings decreasing by CN¥682.3m from the prior year. Total revenue was CN¥1.37b over the last 12 months, down 24% from the prior year. Announcement • Aug 13
Beijing SOJO Electric Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Beijing SOJO Electric Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020