Announcement • Jun 30
JinGuan Electric Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 JinGuan Electric 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 15% After last week's 15% share price decline to CN¥16.06, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 58x in the Electrical industry in China. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥18.86, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 61x in the Electrical industry in China. Total loss to shareholders of 9.9% over the past three years. Declared Dividend • Jun 01
Dividend reduced to CN¥0.49 Dividend of CN¥0.49 is 11% lower than last year. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (89% earnings payout ratio) but not covered by cash flows (193% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share declined by 7.6% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range. Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: CN¥0.59 (vs CN¥0.67 in FY 2024) Full year 2025 results: EPS: CN¥0.59 (down from CN¥0.67 in FY 2024). Revenue: CN¥730.5m (up 12% from FY 2024). Net income: CN¥80.8m (down 11% from FY 2024). Profit margin: 11% (down from 14% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Apr 24
JinGuan Electric Co., Ltd., Annual General Meeting, May 15, 2026 JinGuan Electric Co., Ltd., Annual General Meeting, May 15, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Nanyang, Henan China Announcement • Mar 30
JinGuan Electric Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 JinGuan Electric Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: CN¥0.59 (vs CN¥0.67 in FY 2024) Full year 2025 results: EPS: CN¥0.59 (down from CN¥0.67 in FY 2024). Revenue: CN¥730.5m (up 12% from FY 2024). Net income: CN¥81.2m (down 11% from FY 2024). Profit margin: 11% (down from 14% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Dec 26
JinGuan Electric Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 JinGuan Electric Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 New Risk • Dec 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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (90% payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥19.57, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 51x in the Electrical industry in China. Total returns to shareholders of 65% over the past three years. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.12 (up from CN¥0.12 in 3Q 2024). Revenue: CN¥184.2m (up 20% from 3Q 2024). Net income: CN¥16.8m (up 11% from 3Q 2024). Profit margin: 9.1% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year. Announcement • Sep 30
JinGuan Electric Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 JinGuan Electric Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.22 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.17 (down from CN¥0.22 in 2Q 2024). Revenue: CN¥201.0m (up 7.3% from 2Q 2024). Net income: CN¥23.2m (down 24% from 2Q 2024). Profit margin: 12% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Announcement • Jun 30
JinGuan Electric Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 JinGuan Electric Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Declared Dividend • May 31
Dividend increased to CN¥0.55 Dividend of CN¥0.55 is 10% higher than last year. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 6.0% per year over the past 3 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Announcement • Apr 24
JinGuan Electric Co., Ltd. (SHSE:688517) announces an Equity Buyback for CNY 50 million worth of its shares. JinGuan Electric Co., Ltd. (SHSE:688517) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The repurchase price will not be more than CNY 20.76 per share . The shares repurchased are used for equity incentives or employee stock ownership plan. The source of funds for repurchase of shares is the company’s own funds, self-raised funds, and a special stock repurchase loan. The program will be valid for 12 months. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.15 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.15 in 1Q 2024). Revenue: CN¥139.5m (up 8.4% from 1Q 2024). Net income: CN¥19.1m (down 7.2% from 1Q 2024). Profit margin: 14% (down from 16% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year. Announcement • Apr 24
JinGuan Electric Co., Ltd., Annual General Meeting, May 15, 2025 JinGuan Electric Co., Ltd., Annual General Meeting, May 15, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Nanyang, Henan China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥11.67, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 40x in the Electrical industry in China. Total returns to shareholders of 7.8% over the past three years. Announcement • Mar 28
JinGuan Electric Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025 JinGuan Electric Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Buy Or Sell Opportunity • Mar 19
Now 20% undervalued Over the last 90 days, the stock has risen 7.3% to CN¥14.94. The fair value is estimated to be CN¥18.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 9.9%. Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: CN¥0.66 (vs CN¥0.59 in FY 2023) Full year 2024 results: EPS: CN¥0.66 (up from CN¥0.59 in FY 2023). Revenue: CN¥657.2m (up 15% from FY 2023). Net income: CN¥90.4m (up 12% from FY 2023). Profit margin: 14% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Dec 27
JinGuan Electric Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 JinGuan Electric Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.11 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.12. Revenue: CN¥153.1m (up 20% from 3Q 2023). Net income: CN¥15.1m (down 2.1% from 3Q 2023). Profit margin: 9.9% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥13.98, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 30x in the Electrical industry in China. Total returns to shareholders of 14% over the past three years. Announcement • Sep 30
JinGuan Electric Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 JinGuan Electric Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥14.82, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the Electrical industry in China. Total returns to shareholders of 8.1% over the past three years. Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.16 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.22 (up from CN¥0.16 in 2Q 2023). Revenue: CN¥187.3m (up 29% from 2Q 2023). Net income: CN¥30.5m (up 28% from 2Q 2023). Profit margin: 16% (in line with 2Q 2023). Revenue is forecast to grow 55% p.a. on average during the next 2 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 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥14.83, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Electrical industry in China. Total returns to shareholders of 19% over the past three years. Announcement • Jun 29
JinGuan Electric Co., Ltd. to Report First Half, 2024 Results on Aug 22, 2024 JinGuan Electric Co., Ltd. announced that they will report first half, 2024 results on Aug 22, 2024 Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥14.23, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the Electrical industry in China. Negligible returns to shareholders over past three years. Announcement • Apr 24
JinGuan Electric Co., Ltd., Annual General Meeting, May 15, 2024 JinGuan Electric Co., Ltd., Annual General Meeting, May 15, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Nanyang, Henan China Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.07 in 1Q 2023). Revenue: CN¥128.7m (up 50% from 1Q 2023). Net income: CN¥20.6m (up 130% from 1Q 2023). Profit margin: 16% (up from 10% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Buy Or Sell Opportunity • Apr 24
Now 34% overvalued Over the last 90 days, the stock has fallen 8.1% to CN¥12.60. The fair value is estimated to be CN¥9.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 4.9%. Announcement • Mar 29
JinGuan Electric Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 JinGuan Electric Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Buy Or Sell Opportunity • Feb 26
Now 22% overvalued Over the last 90 days, the stock has fallen 23% to CN¥11.99. The fair value is estimated to be CN¥9.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Earnings per share has declined by 6.2%. Revenue is forecast to grow by 202% in 2 years. Earnings are forecast to grow by 277% in the next 2 years. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: CN¥0.59 (vs CN¥0.58 in FY 2022) Full year 2023 results: EPS: CN¥0.59 (up from CN¥0.58 in FY 2022). Revenue: CN¥570.9m (down 5.8% from FY 2022). Net income: CN¥81.0m (up 2.7% from FY 2022). Profit margin: 14% (up from 13% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electrical industry in China. Announcement • Feb 09
JinGuan Electric Co., Ltd. (SHSE:688517) announces an Equity Buyback for CNY 40 million worth of its shares. JinGuan Electric Co., Ltd. (SHSE:688517) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not be more than CNY 20.45 per share . The shares repurchased are used for employee stock ownership plans or equity incentives to and safeguard company value and shareholder rights. The source of funds for repurchase of shares is the company’s own funds. The program will be valid for 12 months. As of February 6, 2024, the company had 136,613,184 shares outstanding. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to CN¥9.12, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Electrical industry in China. Total loss to shareholders of 37% over the past year. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥13.23, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Electrical industry in China. Negligible returns to shareholders over past year. Buy Or Sell Opportunity • Jan 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to CN¥13.23. The fair value is estimated to be CN¥16.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has declined by 6.9%. Revenue is forecast to grow by 170% in 2 years. Earnings are forecast to grow by 203% in the next 2 years. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.08 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.08 in 3Q 2022). Revenue: CN¥127.3m (flat on 3Q 2022). Net income: CN¥15.4m (up 37% from 3Q 2022). Profit margin: 12% (up from 8.8% in 3Q 2022). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.13 in 2Q 2022). Revenue: CN¥145.7m (down 14% from 2Q 2022). Net income: CN¥23.9m (up 17% from 2Q 2022). Profit margin: 16% (up from 12% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Announcement • Jun 28
JinGuan Electric Co., Ltd. to Report Q2, 2023 Results on Aug 23, 2023 JinGuan Electric Co., Ltd. announced that they will report Q2, 2023 results on Aug 23, 2023 Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥22.22, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 35x in the Electrical industry in China. Total returns to shareholders of 109% over the past year. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥21.88, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 64% over the past year. Reported Earnings • Feb 10
Full year 2022 earnings released: EPS: CN¥0.59 (vs CN¥0.58 in FY 2021) Full year 2022 results: EPS: CN¥0.59 (up from CN¥0.58 in FY 2021). Revenue: CN¥605.2m (up 14% from FY 2021). Net income: CN¥80.8m (up 17% from FY 2021). Profit margin: 13% (in line with FY 2021). Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥18.21, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 28% over the past year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director William Li was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.033 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.08 (up from CN¥0.033 in 3Q 2021). Revenue: CN¥128.4m (up 47% from 3Q 2021). Net income: CN¥11.3m (up 145% from 3Q 2021). Profit margin: 8.8% (up from 5.3% in 3Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.22 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.13 (down from CN¥0.22 in 2Q 2021). Revenue: CN¥169.9m (up 2.2% from 2Q 2021). Net income: CN¥20.5m (down 16% from 2Q 2021). Profit margin: 12% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥13.04, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 35x in the Electrical industry in China. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.02 (vs CN¥0.02 in 1Q 2021). Revenue: CN¥71.1m (up 24% from 1Q 2021). Net income: CN¥2.20m (up 24% from 1Q 2021). Profit margin: 3.1% (in line with 1Q 2021). Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: CN¥0.58 (vs CN¥0.72 in FY 2020) Full year 2021 results: EPS: CN¥0.58 (down from CN¥0.72 in FY 2020). Revenue: CN¥531.8m (flat on FY 2020). Net income: CN¥69.1m (down 6.6% from FY 2020). Profit margin: 13% (down from 14% in FY 2020). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥12.08, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 34x in the Electrical industry in China. Reported Earnings • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.58 (down from CN¥0.72 in FY 2020). Revenue: CN¥531.8m (flat on FY 2020). Net income: CN¥68.8m (down 7.0% from FY 2020). Profit margin: 13% (down from 14% in FY 2020). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥15.21, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 39x in the Electrical industry in China.