Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥9.15, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 64x in the Electrical industry in China. Total loss to shareholders of 19% over the past three years. New Risk • Apr 17
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: 3.2% Last year net profit margin: 6.5% 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 Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.2% net profit margin). Announcement • Apr 17
Shenzhen INVT Electric Co.,Ltd, Annual General Meeting, May 12, 2026 Shenzhen INVT Electric Co.,Ltd, Annual General Meeting, May 12, 2026, at 14:30 China Standard Time. Location: The Company's Multi-function Room, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen INVT Electric Co.,Ltd to Report Q1, 2026 Results on Apr 17, 2026 Shenzhen INVT Electric Co.,Ltd announced that they will report Q1, 2026 results on Apr 17, 2026 Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.36 in FY 2024) Full year 2025 results: EPS: CN¥0.26 (down from CN¥0.36 in FY 2024). Revenue: CN¥4.47b (up 3.5% from FY 2024). Net income: CN¥208.3m (down 27% from FY 2024). Profit margin: 4.7% (down from 6.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥8.38, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 28x in the Electrical industry in China. Total loss to shareholders of 21% over the past three years. Announcement • Dec 31
Shenzhen INVT Electric Co.,Ltd to Report Fiscal Year 2025 Results on Mar 31, 2026 Shenzhen INVT Electric Co.,Ltd announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 22
Third quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.055 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.031 (down from CN¥0.055 in 3Q 2024). Revenue: CN¥1.07b (up 3.8% from 3Q 2024). Net income: CN¥24.9m (down 43% from 3Q 2024). Profit margin: 2.3% (down from 4.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% 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 6% per year whereas the company’s share price has fallen by 3% per year. Announcement • Sep 30
Shenzhen INVT Electric Co.,Ltd to Report Q3, 2025 Results on Oct 22, 2025 Shenzhen INVT Electric Co.,Ltd announced that they will report Q3, 2025 results on Oct 22, 2025 Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.077 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.077 in 2Q 2024). Revenue: CN¥1.20b (up 3.0% from 2Q 2024). Net income: CN¥88.2m (up 43% from 2Q 2024). Profit margin: 7.4% (up from 5.3% in 2Q 2024). Revenue is forecast to grow 11% 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 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥10.47, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the Electrical industry in China. Total loss to shareholders of 4.4% over the past three years. Announcement • Jul 02
Shenzhen INVT Electric Co.,Ltd to Report First Half, 2025 Results on Aug 20, 2025 Shenzhen INVT Electric Co.,Ltd announced that they will report first half, 2025 results on Aug 20, 2025 Announcement • Jun 14
Shenzhen INVT Electric Co.,Ltd Approves Profit Distribution Plan for 2024 Shenzhen INVT Electric Co.,Ltd held its Annual General Meeting of 2024 on 12 June 2025, was/were approved 2024 profit distribution plan as Cash dividend/10 shares (tax included): CNY 0.60000000. Announcement • May 20
Shenzhen INVT Electric Co.,Ltd, Annual General Meeting, Jun 12, 2025 Shenzhen INVT Electric Co.,Ltd, Annual General Meeting, Jun 12, 2025, at 14:30 China Standard Time. Location: The Company's Multi-function Room, Shenzhen, Guangdong China Major Estimate Revision • Apr 24
Consensus revenue estimates fall by 18% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.19b to CN¥4.26b. EPS estimate fell from CN¥0.48 to CN¥0.36 per share. Net income forecast to grow 16% next year vs 40% growth forecast for Electrical industry in China. Consensus price target of CN¥11.00 unchanged from last update. Share price rose 2.9% to CN¥7.54 over the past week. Announcement • Apr 09
Shenzhen INVT Electric Co.,Ltd Proposes Final Cash Dividend (Tax Included) for the Year 2024 Shenzhen INVT Electric Co.,Ltd announced on 08 April 2025 the profit distribution proposal for 2024 as Cash dividend/10 shares (tax included): CNY 0.60000000. Reported Earnings • Apr 08
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: CN¥0.36 (down from CN¥0.47 in FY 2023). Revenue: CN¥4.32b (down 5.8% from FY 2023). Net income: CN¥286.7m (down 23% from FY 2023). Profit margin: 6.6% (down from 8.1% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 14% p.a. on average during the next 2 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 only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Shenzhen INVT Electric Co.,Ltd to Report Q1, 2025 Results on Apr 16, 2025 Shenzhen INVT Electric Co.,Ltd announced that they will report Q1, 2025 results on Apr 16, 2025 Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: CN¥0.35 (vs CN¥0.47 in FY 2023) Full year 2024 results: EPS: CN¥0.35 (down from CN¥0.47 in FY 2023). Revenue: CN¥4.32b (down 5.8% from FY 2023). Net income: CN¥282.8m (down 24% from FY 2023). Profit margin: 6.5% (down from 8.1% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 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 whereas the company’s share price has increased by 11% per year. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥9.53, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Electrical industry in China. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥6.84, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Electrical industry in China. Total loss to shareholders of 3.7% over the past three years. Announcement • Dec 31
Shenzhen INVT Electric Co.,Ltd to Report Fiscal Year 2024 Results on Apr 08, 2025 Shenzhen INVT Electric Co.,Ltd announced that they will report fiscal year 2024 results on Apr 08, 2025 Board Change • Nov 05
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. Independent Director Zijian Zhong was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.055 (vs CN¥0.099 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.055 (down from CN¥0.099 in 3Q 2023). Revenue: CN¥1.03b (down 6.1% from 3Q 2023). Net income: CN¥44.1m (down 44% from 3Q 2023). Profit margin: 4.3% (down from 7.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 20% 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 • Sep 30
Shenzhen INVT Electric Co.,Ltd to Report Q3, 2024 Results on Oct 22, 2024 Shenzhen INVT Electric Co.,Ltd announced that they will report Q3, 2024 results on Oct 22, 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¥6.78, 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 6.1% over the past three years. Announcement • Aug 17
Shenzhen INVT Electric Co.,Ltd. Approves the Election Directors Shenzhen INVT Electric Co.,Ltd. at its first EGM held on August 15, 2024, approved the election of Du Yuxiong, non-independent director and Chu Wei and Zhong Zijian as independent directors. New Risk • Aug 13
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: 5.7% Last year net profit margin: 9.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.7% net profit margin). Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.16 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.077 (down from CN¥0.16 in 2Q 2023). Revenue: CN¥1.16b (down 2.3% from 2Q 2023). Net income: CN¥61.6m (down 51% from 2Q 2023). Profit margin: 5.3% (down from 11% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 23% 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 26% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Shenzhen INVT Electric Co.,Ltd to Report First Half, 2024 Results on Aug 13, 2024 Shenzhen INVT Electric Co.,Ltd announced that they will report first half, 2024 results on Aug 13, 2024 Announcement • Jun 27
Shenzhen INVT Electric Co.,Ltd (SZSE:002334) commences an Equity Buyback Plan for CNY 100 million worth of its shares, under the authorization approved on May 8, 2024. Shenzhen INVT Electric Co.,Ltd (SZSE:002334) commences share repurchases on June 24, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 8, 2024. As per the mandate, the company is authorized to repurchase to repurchase CNY 100 million worth of its common shares. The shares will be repurchased at a price of not more than CNY 8 per share. The purpose of the program is to improve the Company's long-term incentive mechanism, fully mobilize the enthusiasm of the Company's core backbones and outstanding employees, effectively combine the interests of shareholders, the Company and the personal interests of the core team, and jointly promote the long-term development of the Company. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded out of the company's own funds. The program will be valid till 12 months from the date of approval by shareholders. Declared Dividend • May 18
Dividend of CN¥0.06 announced Dividend of CN¥0.06 is the same as last year. Ex-date: 23rd May 2024 Payment date: 23rd May 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 94% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 11
Shenzhen INVT Electric Co.,Ltd Approves Cash Dividend for 2023 Shenzhen INVT Electric Co.,Ltd at its Annual General Meeting of 2023 on 08 May 2024, approved cash dividend/10 shares (tax included): CNY 0.60000000 for 2023. Reported Earnings • Apr 09
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.47 (up from CN¥0.36 in FY 2022). Revenue: CN¥4.59b (up 12% from FY 2022). Net income: CN¥371.4m (up 35% from FY 2022). Profit margin: 8.1% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 34% p.a. on average during the next 2 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 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Shenzhen INVT Electric Co.,Ltd to Report Q1, 2024 Results on Apr 18, 2024 Shenzhen INVT Electric Co.,Ltd announced that they will report Q1, 2024 results on Apr 18, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥6.07, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electrical industry in China. Total returns to shareholders of 44% over the past three years. Announcement • Dec 30
Shenzhen INVT Electric Co.,Ltd to Report Fiscal Year 2023 Results on Apr 09, 2024 Shenzhen INVT Electric Co.,Ltd announced that they will report fiscal year 2023 results on Apr 09, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.099 (vs CN¥0.11 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.099 (down from CN¥0.11 in 3Q 2022). Revenue: CN¥1.10b (down 2.2% from 3Q 2022). Net income: CN¥79.2m (down 5.8% from 3Q 2022). Profit margin: 7.2% (down from 7.5% in 3Q 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 56% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Aug 18
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be CN¥12.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 84% in 2 years. Earnings is forecast to grow by 43% in the next 2 years. Announcement • Jul 01
Shenzhen INVT Electric Co.,Ltd to Report First Half, 2023 Results on Aug 18, 2023 Shenzhen INVT Electric Co.,Ltd announced that they will report first half, 2023 results on Aug 18, 2023 Announcement • Jun 15
Lin Yuxiang agreed to acquire an unknown stake in Xingzhi Youdao Auto Service (Shenzhen) Co., Ltd. from Shenzhen INVT Electric Co.,Ltd (SZSE:002334) and Huang Shenli. Lin Yuxiang agreed to acquire an unknown stake in Xingzhi Youdao Auto Service (Shenzhen) Co., Ltd. from Shenzhen INVT Electric Co.,Ltd (SZSE:002334) and Huang Shenli on May 17, 2023. The transaction is approved by the board of Shenzhen INVT Electric. Announcement • May 24
Shenzhen INVT Electric Co.,Ltd Announces Final Dividend for 2022, Payable on 30 May 2023 Shenzhen INVT Electric Co.,Ltd announced final cash dividend of CNY 0.60000000 per 10 shares (tax included) for 2022. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023. Reported Earnings • Apr 13
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.36 (up from CN¥0.24 in FY 2021). Revenue: CN¥4.10b (up 36% from FY 2021). Net income: CN¥274.9m (up 51% from FY 2021). Profit margin: 6.7% (up from 6.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Revenue is forecast to grow 28% p.a. on average during the next 2 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 93% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥10.80, the stock trades at a trailing P/E ratio of 46.5x. Average trailing P/E is 36x in the Electrical industry in China. Total returns to shareholders of 154% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Junying Sun was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 06
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Junying Sun was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥8.66, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 34x in the Electrical industry in China. Total returns to shareholders of 103% over the past three years. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.098 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.098 in 3Q 2021). Revenue: CN¥1.12b (up 42% from 3Q 2021). Net income: CN¥84.0m (up 14% from 3Q 2021). Profit margin: 7.5% (down from 9.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥9.47, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 33x in the Electrical industry in China. Total returns to shareholders of 112% over the past three years. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 48% share price gain to CN¥11.52, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 42x in the Electrical industry in China. Total returns to shareholders of 119% over the past three years. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.097 (vs CN¥0.069 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.097 (up from CN¥0.069 in 2Q 2021). Revenue: CN¥1.06b (up 40% from 2Q 2021). Net income: CN¥74.9m (up 43% from 2Q 2021). Profit margin: 7.0% (up from 6.9% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥6.51, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 37x in the Electrical industry in China. Total returns to shareholders of 15% over the past three years. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.004 (down from CN¥0.049 in 1Q 2021). Revenue: CN¥713.7m (up 23% from 1Q 2021). Net income: CN¥3.06m (down 92% from 1Q 2021). Profit margin: 0.4% (down from 6.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 8.8%. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 15
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.24 (up from CN¥0.18 in FY 2020). Revenue: CN¥3.01b (up 32% from FY 2020). Net income: CN¥179.4m (up 32% from FY 2020). Profit margin: 6.0% (up from 5.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 8.8%. 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 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.098 (vs CN¥0.045 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥791.6m (up 21% from 3Q 2020). Net income: CN¥73.9m (up 119% from 3Q 2020). Profit margin: 9.3% (up from 5.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.069 (vs CN¥0.075 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥761.8m (up 22% from 2Q 2020). Net income: CN¥52.3m (down 6.9% from 2Q 2020). Profit margin: 6.9% (down from 9.0% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥6.95, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 36x in the Electrical industry in China. Total returns to shareholders of 17% over the past three years. Reported Earnings • Apr 13
Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.40 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.29b (up 2.0% from FY 2019). Net income: CN¥137.4m (up CN¥435.0m from FY 2019). Profit margin: 6.0% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 16
New 90-day high: CN¥5.63 The company is up 11% from a price of CN¥5.05 on 16 December 2020. Outperformed the Chinese market which is down 2.0% over the last 90 days. Exceeded the Electrical industry, which is up 3.0% over the same period. Announcement • Mar 09
Shenzhen INVT Electric Co.,Ltd to Report Fiscal Year 2020 Results on Apr 23, 2021 Shenzhen INVT Electric Co.,Ltd announced that they will report fiscal year 2020 results on Apr 23, 2021 Is New 90 Day High Low • Jan 28
New 90-day low: CN¥4.98 The company is down 16% from its price of CN¥5.90 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 27% over the same period. Is New 90 Day High Low • Oct 27
New 90-day high: CN¥5.85 The company is up 13% from its price of CN¥5.19 on 29 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 10.0% over the same period. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥164.0m, with losses widening by CN¥159.2m from the prior year. Total revenue was CN¥2.21b over the last 12 months, down 1.0% from the prior year. Announcement • Oct 17
Shenzhen INVT Electric Co.,Ltd to Report Q3, 2020 Results on Oct 23, 2020 Shenzhen INVT Electric Co.,Ltd announced that they will report Q3, 2020 results on Oct 23, 2020 Announcement • Aug 07
Shenzhen INVT Electric Co.,Ltd to Report First Half, 2020 Results on Aug 26, 2020 Shenzhen INVT Electric Co.,Ltd announced that they will report first half, 2020 results on Aug 26, 2020