Announcement • 5h
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥33.00, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 34x in the Auto Components industry in China. Total returns to shareholders of 93% over the past three years. Declared Dividend • Jun 08
Dividend of CN¥0.10 announced Shareholders will receive a dividend of CN¥0.10. Ex-date: 9th June 2026 Payment date: 9th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (11% 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 5.2% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 05
Hang Zhou Radical Energy-Saving Technology Co., Ltd. Announces Final Cash Dividend on A Shares for 2025, Payable on 09 June 2026 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced the implementation of its final profit distribution plan for 2025, declaring a cash dividend of CNY 1.00000000 per 10 shares (tax included) on A shares. The record date is 08 June 2026, with the ex-date on 09 June 2026 and the payment date scheduled for 09 June 2026. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥42.38, the stock trades at a trailing P/E ratio of 42.5x. Average trailing P/E is 36x in the Auto Components industry in China. Total returns to shareholders of 164% over the past three years. New Risk • May 06
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 7.9% 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: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥47.32, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 38x in the Auto Components industry in China. Total returns to shareholders of 216% over the past three years. Announcement • Apr 29
Hang Zhou Radical Energy-Saving Technology Co., Ltd., Annual General Meeting, May 21, 2026 Hang Zhou Radical Energy-Saving Technology Co., Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥1.06 (vs CN¥0.90 in FY 2024) Full year 2025 results: EPS: CN¥1.06 (up from CN¥0.90 in FY 2024). Revenue: CN¥1.04b (up 41% from FY 2024). Net income: CN¥141.2m (up 18% from FY 2024). Profit margin: 14% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 31
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Jan 05
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 9.5% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥65.83, the stock trades at a trailing P/E ratio of 53.3x. Average trailing P/E is 42x in the Auto Components industry in China. Total returns to shareholders of 297% over the past three years. Announcement • Dec 31
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.37 (vs CN¥0.26 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.37 (up from CN¥0.26 in 3Q 2024). Revenue: CN¥309.0m (up 61% from 3Q 2024). Net income: CN¥49.5m (up 45% from 3Q 2024). Profit margin: 16% (down from 18% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 48% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥68.28, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 41x in the Auto Components industry in China. Total returns to shareholders of 289% over the past three years. New Risk • Oct 15
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 9.7% 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 (9.7% average weekly change). High level of non-cash earnings (22% accrual ratio). Announcement • Sep 30
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥63.22, the stock trades at a trailing P/E ratio of 56.4x. Average trailing P/E is 43x in the Auto Components industry in China. Total returns to shareholders of 225% over the past three years. Board Change • Aug 28
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. 4 non-independent directors. Independent Director Weihua Chen was the last independent director to join the board, commencing their role in 2023. 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 • Jul 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥67.70, the stock trades at a trailing P/E ratio of 73.9x. Average trailing P/E is 36x in the Auto Components industry in China. Total returns to shareholders of 204% over the past three years. Announcement • Jul 02
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥59.58, the stock trades at a trailing P/E ratio of 65x. Average trailing P/E is 33x in the Auto Components industry in China. Total returns to shareholders of 222% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥68.50, the stock trades at a trailing P/E ratio of 74.8x. Average trailing P/E is 35x in the Auto Components industry in China. Total returns to shareholders of 371% over the past three years. Declared Dividend • May 31
Dividend of CN¥0.15 announced Shareholders will receive a dividend of CN¥0.15. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Announcement • May 24
Hang Zhou Radical Energy-Saving Technology Co., Ltd. Approves Cash Dividend for 2024 Hang Zhou Radical Energy-Saving Technology Co., Ltd. at its Annual General Meeting held on 22 May 2025 approved cash dividend of CNY 1.50000000 per 10 shares (tax included) for 2024. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to CN¥72.42, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 33x in the Auto Components industry in China. Total returns to shareholders of 326% over the past three years. Announcement • Apr 25
Hang Zhou Radical Energy-Saving Technology Co., Ltd. Proposes Final Cash Dividend for 2024 Hang Zhou Radical Energy-Saving Technology Co., Ltd. proposed final cash dividend of CNY 1.50000000 per 10 shares (tax included) for 2024. Reported Earnings • Apr 24
Full year 2024 earnings released: EPS: CN¥1.17 (vs CN¥1.17 in FY 2023) Full year 2024 results: EPS: CN¥1.17 (in line with FY 2023). Revenue: CN¥740.1m (up 14% from FY 2023). Net income: CN¥120.2m (flat on FY 2023). Profit margin: 16% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 24
Hang Zhou Radical Energy-Saving Technology Co., Ltd., Annual General Meeting, May 22, 2025 Hang Zhou Radical Energy-Saving Technology Co., Ltd., Annual General Meeting, May 22, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥47.28, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 30x in the Auto Components industry in China. Total returns to shareholders of 145% over the past three years. Announcement • Mar 31
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥45.97, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 35x in the Auto Components industry in China. Total returns to shareholders of 138% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥51.29, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 37x in the Auto Components industry in China. Total returns to shareholders of 181% over the past three years. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥42.99, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 37x in the Auto Components industry in China. Total returns to shareholders of 116% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥32.54, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 33x in the Auto Components industry in China. Total returns to shareholders of 71% over the past three years. Announcement • Dec 31
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥29.57, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 31x in the Auto Components industry in China. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥29.68, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 30x in the Auto Components industry in China. Total returns to shareholders of 26% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.39 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.34 (down from CN¥0.39 in 3Q 2023). Revenue: CN¥192.3m (up 9.4% from 3Q 2023). Net income: CN¥34.3m (down 13% from 3Q 2023). Profit margin: 18% (down from 22% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 24
Hang Zhou Radical Energy-Saving Technology Co., Ltd. (SZSE:300652) agreed to acquire 51% stake in Shanghai Ditz Precision Machinery Co., Ltd from group of sellers. Hang Zhou Radical Energy-Saving Technology Co., Ltd. (SZSE:300652) agreed to acquire 51% stake in Shanghai Ditz Precision Machinery Co., Ltd from Shanghai Shifeng Business Information Consulting Partnership (Limited Partnership), Shanghai Kaifeng Business Information Consulting Partnership (Limited Partnership), Shanghai Digang Technical Consulting Partnership (Limited Partnership), Shanghai Kedi Business Information Consulting Partnership (Limited Partnership) and Shanghai Tweezer Technology Consulting Partnership (Limited Partnership) on October 22, 2024. A cash consideration will be paid by Hang Zhou Radical Energy-Saving Technology Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Shanghai Ditz Precision Machinery Co., Ltd. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥26.97, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 28x in the Auto Components industry in China. Total returns to shareholders of 64% over the past three years. Announcement • Sep 30
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥21.30, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 25x in the Auto Components industry in China. Total returns to shareholders of 25% over the past three years. Announcement • Jun 29
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Declared Dividend • May 23
Dividend increased to CN¥0.50 Dividend of CN¥0.50 is 25% higher than last year. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but not covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 31% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 7.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 27
Hang Zhou Radical Energy-Saving Technology Co., Ltd. Proposes Final Dividend for the Year 2023 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced on 25 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend/10 shares (tax included): CNY 5.00. Announcement • Apr 26
Hang Zhou Radical Energy-Saving Technology Co., Ltd., Annual General Meeting, May 16, 2024 Hang Zhou Radical Energy-Saving Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Reported Earnings • Apr 25
Full year 2023 earnings released: EPS: CN¥1.17 (vs CN¥1.07 in FY 2022) Full year 2023 results: EPS: CN¥1.17 (up from CN¥1.07 in FY 2022). Revenue: CN¥651.9m (flat on FY 2022). Net income: CN¥120.4m (up 16% from FY 2022). Profit margin: 19% (up from 16% in FY 2022). 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 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥19.00, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 30x in the Auto Components industry in China. Total returns to shareholders of 5.9% over the past three years. Announcement • Mar 30
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥21.08, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 32x in the Auto Components industry in China. Total returns to shareholders of 16% over the past three years. New Risk • Feb 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 7.4% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥19.02, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 32% over the past three years. Announcement • Dec 29
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Announcement • Nov 21
Hang Zhou Radical Energy-Saving Technology Co., Ltd. Approves Management Appointments Hang Zhou Radical Energy-Saving Technology Co., Ltd. at its Extraordinary General Meeting held on 17 November 2023, approved election and nomination of Shen Renrong, Yu Caijun, Han Guoqing and Hu Bai'an as non-independent directors; election and nomination of Wu Weiming and Chen Weihua as independent directors and election and nomination of Xu Yuping and Lin Yunying as non-employee supervisors. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.39 (vs CN¥0.39 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.39 (up from CN¥0.39 in 3Q 2022). Revenue: CN¥175.8m (down 3.0% from 3Q 2022). Net income: CN¥39.3m (up 7.4% from 3Q 2022). Profit margin: 22% (up from 20% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Buying Opportunity • Oct 19
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥27.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 21%. Announcement • Sep 30
Hang Zhou Radical Energy-Saving Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Hang Zhou Radical Energy-Saving Technology Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 27, 2023 Buying Opportunity • Sep 14
Now 20% undervalued Over the last 90 days, the stock is up 2.4%. The fair value is estimated to be CN¥27.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 21%. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.34 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.36 (up from CN¥0.34 in 2Q 2022). Revenue: CN¥158.8m (down 8.6% from 2Q 2022). Net income: CN¥36.9m (up 16% from 2Q 2022). Profit margin: 23% (up from 18% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • May 25
Hang Zhou Radical Energy-Saving Technology Co., Ltd. Approves Final Cash Dividend for A Shares for the Year 2022, Payable on 30 May 2023 Hang Zhou Radical Energy-Saving Technology Co., Ltd. approved final Cash dividend/10 shares (tax included) of CNY 4.00000000 for A shares for the year 2022. Record date is 29 May 2023. Ex-date is 30 May 2023. Payment date is 30 May 2023. Announcement • May 21
Hang Zhou Radical Energy-Saving Technology Co., Ltd. Approves Final Cash Dividend for the Year 2022 Hang Zhou Radical Energy-Saving Technology Co., Ltd. at the AGM, the shareholders approved a final cash dividend/10 shares (tax included) of CNY 4.00000000 for the year 2022. Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: CN¥1.07 (vs CN¥1.02 in FY 2021) Full year 2022 results: EPS: CN¥1.07 (up from CN¥1.02 in FY 2021). Revenue: CN¥647.9m (up 9.6% from FY 2021). Net income: CN¥103.8m (up 8.2% from FY 2021). Profit margin: 16% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.39 (vs CN¥0.32 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.39 (up from CN¥0.32 in 3Q 2021). Revenue: CN¥181.3m (up 11% from 3Q 2021). Net income: CN¥36.6m (up 26% from 3Q 2021). Profit margin: 20% (up from 18% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.23 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.23 in 2Q 2021). Revenue: CN¥173.9m (up 27% from 2Q 2021). Net income: CN¥31.9m (up 49% from 2Q 2021). Profit margin: 18% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. 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. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 32% share price gain to CN¥30.51, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 47x in the Auto Components industry in China. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥23.71, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 45x in the Auto Components industry in China. Total returns to shareholders of 14% over the past three years. Announcement • May 20
HangZhou Radical Energy Saving Technology Co., Ltd. Approves Cash Dividend for the Year 2021 HangZhou Radical Energy Saving Technology Co., Ltd. approved cash dividend of CNY 3.00000000 per 10 shares (tax included) for the year 2021, at its AGM held on 18 May 2022. Announcement • Apr 28
HangZhou Radical Energy Saving Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2021 HangZhou Radical Energy Saving Technology Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 3.00000000 for the year 2021. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥1.02 (vs CN¥0.67 in FY 2020) Full year 2021 results: EPS: CN¥1.02 (up from CN¥0.67 in FY 2020). Revenue: CN¥591.2m (up 35% from FY 2020). Net income: CN¥95.9m (up 62% from FY 2020). Profit margin: 16% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥19.30, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 40x in the Auto Components industry in China. Total returns to shareholders of 2.8% over the past three years. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥25.20, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 42x in the Auto Components industry in China. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥21.12, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 35x in the Auto Components industry in China. Total returns to shareholders of 9.8% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.18 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥163.9m (up 46% from 3Q 2020). Net income: CN¥29.0m (up 80% from 3Q 2020). Profit margin: 18% (up from 14% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.20 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥137.0m (up 20% from 2Q 2020). Net income: CN¥21.4m (up 33% from 2Q 2020). Profit margin: 16% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥16.85, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 31x in the Auto Components industry in China. Total loss to shareholders of 11% over the past three years. Announcement • May 20
Hangzhou Radical Energy Saving Technology Co., Ltd. Approves Cash Dividend for 2020 HangZhou Radical Energy Saving Technology Co., Ltd. announced that its Annual General Meeting of 2020 held on 17 May 2021 has approved a tax included cash dividend of CNY 5.00000000 per ten shares for 2020. Announcement • Apr 27
HangZhou Radical Energy Saving Technology Co., Ltd. Announces the Profit Distribution Proposal for 2020 HangZhou Radical Energy Saving Technology Co., Ltd. announced the profit distribution proposal for 2020. The company announced Cash dividend/10 shares (tax included) of CNY 5.00000000. Reported Earnings • Apr 26
Full year 2020 earnings released: EPS CN¥0.67 (vs CN¥0.71 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥437.4m (down 5.4% from FY 2019). Net income: CN¥59.3m (down 5.7% from FY 2019). Profit margin: 14% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% 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. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥15.90 The company is down 42% from its price of CN¥27.48 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 1.0% over the same period. Is New 90 Day High Low • Jan 04
New 90-day low: CN¥20.07 The company is down 12% from its price of CN¥22.68 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥21.93 The company is down 7.0% from its price of CN¥23.63 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 4.0% over the same period. Announcement • Nov 14
HangZhou Radical Energy Saving Technology Co., Ltd. Appoints Board Appointments HangZhou Radical Energy Saving Technology Co., Ltd., at its EGM, held on 12 November 2020, approved election and nomination of non-independent directors, cumulative voting system applicable; Shen Renrong, Yu Caijun, Hu Bai'an and Han Guoqing. Election and nomination of independent directors, cumulative voting system applicable; Wu Weiming, Xu Qiang and Tong Chengsheng. Election and nomination of non-employee supervisors, cumulative voting system applicable; Xu Yuping and Wang Libo. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥55.9m, down 14% from the prior year. Total revenue was CN¥442.6m over the last 12 months, down 2.9% from the prior year. Announcement • Oct 16
HangZhou Radical Energy Saving Technology Co., Ltd. announced that it expects to receive CNY 400 million in funding HangZhou Radical Energy Saving Technology Co., Ltd. (SZSE:300652) announced a private placement of 26,400,000 shares for gross proceeds of not more than CNY 400,000,000 on October 14, 2020. The issue price shall not be less than 80% of the average price of the company’s stocks on the 20 trading days before the pricing base date. The transaction will include participation from not more than 35 specific investors. The transaction is subject to approval from company’s shareholders meeting, Shenzhen Stock Exchange and by the China Securities Regulatory Commission. All securities issued in the transaction have a hold period of six months. Valuation Update With 7 Day Price Move • Oct 15
Market bids up stock over the past week After last week's 28% share price gain to CN¥29.06, the stock is trading at a trailing P/E ratio of 44.6x, up from the previous P/E ratio of 34.8x. This compares to an average P/E of 44x in the Auto Components industry in China. Total return to shareholders over the past three years is a loss of 9.3%. Is New 90 Day High Low • Oct 15
New 90-day high: CN¥29.06 The company is up 46% from its price of CN¥19.93 on 17 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 18% over the same period. Announcement • Aug 11
HangZhou Radical Energy Saving Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 HangZhou Radical Energy Saving Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020 