Announcement • 10h
Shenzhen JT Automation Equipment Co.,Ltd to Report First Half, 2026 Results on Aug 26, 2026 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report first half, 2026 results on Aug 26, 2026 Buy Or Sell Opportunity • 20h
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 56% to CN¥37.65. The fair value is estimated to be CN¥31.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 15%. New Risk • Jun 11
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 10% 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 (10% average weekly change). Earnings have declined by 3.1% per year over the past 5 years. Buy Or Sell Opportunity • Jun 10
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 72% to CN¥38.58. The fair value is estimated to be CN¥31.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 15%. New Risk • Apr 14
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 Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Cash payout ratio: 104% Earnings have declined by 6.3% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • Apr 13
Full year 2025 earnings released: EPS: CN¥0.35 (vs CN¥0.34 in FY 2024) Full year 2025 results: EPS: CN¥0.35 (up from CN¥0.34 in FY 2024). Revenue: CN¥785.1m (up 7.7% from FY 2024). Net income: CN¥84.0m (up 1.0% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year. Announcement • Apr 13
Shenzhen JT Automation Equipment Co.,Ltd, Annual General Meeting, May 08, 2026 Shenzhen JT Automation Equipment Co.,Ltd, Annual General Meeting, May 08, 2026, at 14:50 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥27.38, the stock trades at a trailing P/E ratio of 61x. Average trailing P/E is 52x in the Machinery industry in China. Total returns to shareholders of 68% over the past three years. Announcement • Mar 31
Shenzhen JT Automation Equipment Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Buy Or Sell Opportunity • Mar 18
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 39% to CN¥25.56. The fair value is estimated to be CN¥19.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 15%. Buy Or Sell Opportunity • Jan 21
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.5% to CN¥23.30. The fair value is estimated to be CN¥19.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 15%. Announcement • Jan 17
Shenzhen JT Automation Equipment Co.,Ltd Approves Cash Dividend for the Third Quarter 2025 Shenzhen JT Automation Equipment Co.,Ltd at the Extraordinary General Meeting of 2026 on 15 January 2026 approved the third quarter 2025 profit distribution plan. Cash dividend per 10 shares (tax included) of CNY 4.10000000. New Risk • Jan 02
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 181% Cash payout ratio: 118% Dividend yield: 4.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Cash payout ratio: 118% Earnings have declined by 8.6% per year over the past 5 years. Announcement • Dec 31
Shenzhen JT Automation Equipment Co.,Ltd to Report Fiscal Year 2025 Results on Apr 13, 2026 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report fiscal year 2025 results on Apr 13, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.099 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.14 (up from CN¥0.099 in 3Q 2024). Revenue: CN¥226.8m (down 1.2% from 3Q 2024). Net income: CN¥32.8m (up 34% from 3Q 2024). Profit margin: 14% (up from 11% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year. Announcement • Sep 30
Shenzhen JT Automation Equipment Co.,Ltd to Report Q3, 2025 Results on Oct 29, 2025 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Sep 26
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 9.0% 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 (9.0% average weekly change). Earnings have declined by 11% per year over the past 5 years. New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% 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 Earnings have declined by 11% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.11 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.12 (up from CN¥0.11 in 2Q 2024). Revenue: CN¥214.1m (up 6.8% from 2Q 2024). Net income: CN¥28.6m (up 13% from 2Q 2024). Profit margin: 13% (in line with 2Q 2024). 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 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥21.34, the stock trades at a trailing P/E ratio of 53.1x. Average trailing P/E is 47x in the Machinery industry in China. Total returns to shareholders of 17% over the past three years. Announcement • Jul 02
Shenzhen JT Automation Equipment Co.,Ltd to Report First Half, 2025 Results on Aug 29, 2025 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report first half, 2025 results on Aug 29, 2025 Board Change • Jul 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Xi Zhu was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Jun 16
Now 21% overvalued Over the last 90 days, the stock has fallen 13% to CN¥15.66. The fair value is estimated to be CN¥12.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.5% over the last 3 years. Earnings per share has grown by 11%. Announcement • Jun 07
Shenzhen JT Automation Equipment Co.,Ltd Announces Board Appointments Shenzhen JT Automation Equipment Co.,Ltd announced the election of Wu Siyuan, non-independent director, Zhu Xi, non-independent director and Zhu Xi, non-independent directors the company also announced election of independent directors He Peng, independent director and Zhou Luming, independent director, at the EGM held on June 5, 2025. Buy Or Sell Opportunity • May 29
Now 23% overvalued Over the last 90 days, the stock has fallen 4.5% to CN¥16.00. The fair value is estimated to be CN¥13.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.5% over the last 3 years. Earnings per share has grown by 11%. Declared Dividend • May 23
Dividend of CN¥0.40 announced Shareholders will receive a dividend of CN¥0.40. Ex-date: 27th May 2025 Payment date: 27th May 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (193% earnings payout ratio) nor is it covered by cash flows (125% cash payout ratio). The dividend has increased by an average of 37% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 115% to bring the payout ratio under control, which is more than the 6.1% EPS growth achieved over the last 5 years. Board Change • May 14
High number of new directors Director Yijing Mao was the last director to join the board, commencing their role in 2022. New Risk • May 06
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 229% Cash payout ratio: 162% Dividend yield: 4.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 229% Cash payout ratio: 162% Earnings have declined by 9.5% per year over the past 5 years. Announcement • Apr 25
Shenzhen JT Automation Equipment Co.,Ltd Proposes Final Dividend for 2024 Shenzhen JT Automation Equipment Co.,Ltd announced on 23 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 4.00. Reported Earnings • Apr 24
Full year 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.16 in FY 2023) Full year 2024 results: EPS: CN¥0.34 (up from CN¥0.16 in FY 2023). Revenue: CN¥728.7m (up 1.2% from FY 2023). Net income: CN¥83.2m (up 111% from FY 2023). Profit margin: 11% (up from 5.5% in FY 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Apr 23
Shenzhen JT Automation Equipment Co.,Ltd, Annual General Meeting, May 15, 2025 Shenzhen JT Automation Equipment Co.,Ltd, Annual General Meeting, May 15, 2025, at 14:50 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong 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 7.7% 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 Earnings have declined by 7.6% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (200% payout ratio). Share price has been volatile over the past 3 months (7.7% 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¥13.06, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 40x in the Machinery industry in China. Total loss to shareholders of 2.9% over the past three years. Announcement • Mar 31
Shenzhen JT Automation Equipment Co.,Ltd to Report Q1, 2025 Results on Apr 28, 2025 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
Shenzhen JT Automation Equipment Co.,Ltd to Report Fiscal Year 2024 Results on Apr 23, 2025 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report fiscal year 2024 results on Apr 23, 2025 Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥17.02, the stock trades at a trailing P/E ratio of 67.5x. Average trailing P/E is 35x in the Machinery industry in China. Total loss to shareholders of 29% over the past three years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.099 (vs CN¥0.023 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.099 (up from CN¥0.023 in 3Q 2023). Revenue: CN¥229.5m (up 46% from 3Q 2023). Net income: CN¥24.5m (up 326% from 3Q 2023). Profit margin: 11% (up from 3.7% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Shenzhen JT Automation Equipment Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥12.47, the stock trades at a trailing P/E ratio of 71.3x. Average trailing P/E is 27x in the Machinery industry in China. Total loss to shareholders of 49% over the past three years. Buy Or Sell Opportunity • Aug 27
Now 25% undervalued Over the last 90 days, the stock has risen 19% to CN¥14.11. The fair value is estimated to be CN¥18.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 30%. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.15 in 2Q 2023). Revenue: CN¥200.4m (down 22% from 2Q 2023). Net income: CN¥25.4m (down 16% from 2Q 2023). Profit margin: 13% (up from 12% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 27% per year. Announcement • Jun 29
Shenzhen JT Automation Equipment Co.,Ltd to Report First Half, 2024 Results on Aug 09, 2024 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report first half, 2024 results on Aug 09, 2024 Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥14.00, the stock trades at a trailing P/E ratio of 71.1x. Average trailing P/E is 31x in the Machinery industry in China. Total loss to shareholders of 39% over the past three years. Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.37 in FY 2022) Full year 2023 results: EPS: CN¥0.16 (down from CN¥0.37 in FY 2022). Revenue: CN¥720.1m (down 9.0% from FY 2022). Net income: CN¥39.4m (down 56% from FY 2022). Profit margin: 5.5% (down from 11% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥9.20, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 30x in the Machinery industry in China. Total loss to shareholders of 42% over the past three years. Announcement • Mar 30
Shenzhen JT Automation Equipment Co.,Ltd to Report Q1, 2024 Results on Apr 29, 2024 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥10.66, the stock trades at a trailing P/E ratio of 45.1x. Average trailing P/E is 26x in the Machinery industry in China. Total loss to shareholders of 5.0% over the past three years. Buy Or Sell Opportunity • Feb 08
Now 21% overvalued Over the last 90 days, the stock has fallen 55% to CN¥8.97. The fair value is estimated to be CN¥7.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has declined by 27%. 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¥10.88, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 26x in the Machinery industry in China. Total returns to shareholders of 6.7% over the past three years. Board Change • Jan 12
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Chairman of the Supervisory Board Aiwu Wang is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Dec 30
Shenzhen JT Automation Equipment Co.,Ltd to Report Fiscal Year 2023 Results on Apr 22, 2024 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report fiscal year 2023 results on Apr 22, 2024 New Risk • Nov 06
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 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.023 (vs CN¥0.15 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.023 (down from CN¥0.15 in 3Q 2022). Revenue: CN¥157.3m (down 27% from 3Q 2022). Net income: CN¥5.76m (down 84% from 3Q 2022). Profit margin: 3.7% (down from 17% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Aug 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.10 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.10 in 2Q 2022). Revenue: CN¥257.3m (up 22% from 2Q 2022). Net income: CN¥30.2m (up 6.5% from 2Q 2022). Profit margin: 12% (down from 14% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Jul 01
Shenzhen JT Automation Equipment Co.,Ltd to Report First Half, 2023 Results on Aug 18, 2023 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report first half, 2023 results on Aug 18, 2023 Reported Earnings • Apr 16
Full year 2022 earnings released: EPS: CN¥0.37 (vs CN¥0.33 in FY 2021) Full year 2022 results: EPS: CN¥0.37 (up from CN¥0.33 in FY 2021). Revenue: CN¥791.2m (down 20% from FY 2021). Net income: CN¥89.1m (up 11% from FY 2021). Profit margin: 11% (up from 8.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 3 highly experienced directors. Member of Supervisory Board Xi Zhu is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.099 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.099 in 3Q 2021). Revenue: CN¥214.6m (down 20% from 3Q 2021). Net income: CN¥36.0m (up 53% from 3Q 2021). Profit margin: 17% (up from 8.8% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.20 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.20 in 2Q 2021). Revenue: CN¥210.4m (down 17% from 2Q 2021). Net income: CN¥28.3m (down 41% from 2Q 2021). Profit margin: 14% (down from 19% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year. Announcement • May 21
Shenzhen Jt Automation Equipment Co.,Ltd Announces Cash Dividend for A Shares for the Year 2021, Payable on 27 May 2022 Shenzhen JT Automation Equipment Co.,Ltd announced cash dividend/10 shares (tax included) of CNY 5.00000000 for A shares for the year 2021. Record date is 26 May 2022. Ex-date is 27 May 2022. Payment date is 27 May 2022. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥14.09, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 28x in the Machinery industry in China. Total loss to shareholders of 19% over the past three years. Announcement • Apr 27
Shenzhen JT Automation Equipment Co.,Ltd Proposes Final Cash Dividend for 2021 Shenzhen JT Automation Equipment Co.,Ltd announced on 25 April 2022 the profit distribution proposal for 2021. Cash dividend/10 shares (tax included): CNY 5.00000000. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Han Bin Zhang was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.099 (vs CN¥0.19 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥269.6m (up 27% from 3Q 2020). Net income: CN¥23.6m (down 47% from 3Q 2020). Profit margin: 8.8% (down from 21% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥25.19, the stock trades at a trailing P/E ratio of 43.3x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 56% over the past three years. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.14 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥253.5m (down 1.1% from 2Q 2020). Net income: CN¥47.8m (up 47% from 2Q 2020). Profit margin: 19% (up from 13% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improved over the past week After last week's 37% share price gain to CN¥26.52, the stock trades at a trailing P/E ratio of 51x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 29% share price gain to CN¥22.75, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 32x in the Machinery industry in China. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorated over the past week After last week's 23% share price decline to CN¥16.60, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 32x in the Machinery industry in China. Total returns to shareholders of 27% over the past three years. Announcement • May 22
Suzhou Sunmun Technology Co., Ltd. Announces Cash Dividend for 2020, Payable on 28 May 2021 Suzhou Sunmun Technology Co. Ltd. announced cash dividend of CNY 1.00 per ten A shares (tax included) for 2020, payable on 28 May 2021. The record date is 27 May 2021 and the ex-date is 28 May 2021. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥18.91, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 34x in the Machinery industry in China. Total returns to shareholders of 25% over the past three years. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.52 (vs CN¥0.10 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥883.8m (up 78% from FY 2019). Net income: CN¥122.7m (up 444% from FY 2019). Profit margin: 14% (up from 4.6% in FY 2019). The increase in margin was driven by higher revenue. 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 2% per year. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥13.60, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 34x in the Machinery industry in China. Negligible returns to shareholders over past three years. Announcement • Mar 09
Shenzhen JT Automation Equipment Co.,Ltd to Report Fiscal Year 2020 Results on Apr 16, 2021 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report fiscal year 2020 results on Apr 16, 2021 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥10.06, the stock is trading at a trailing P/E ratio of 20.1x, down from the previous P/E ratio of 23.7x. This compares to an average P/E of 33x in the Machinery industry in China. Total return to shareholders over the past three years is a loss of 20%. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥11.21 The company is down 28% from its price of CN¥15.48 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 Machinery industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥11.51 The company is down 29% from its price of CN¥16.24 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥12.87 The company is down 24% from its price of CN¥16.92 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 Machinery industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 10
New 90-day low: CN¥14.95 The company is down 9.0% from its price of CN¥16.51 on 12 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period. Valuation Update With 7 Day Price Move • Nov 04
Market pulls back on stock over the past week After last week's 16% share price decline to CN¥15.42, the stock is trading at a trailing P/E ratio of 30.9x, down from the previous P/E ratio of 36.6x. This compares to an average P/E of 41x in the Machinery industry in China. Total return to shareholders over the past three years is a loss of 5.9%. Reported Earnings • Oct 17
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥115.1m, up 215% from the prior year. Total revenue was CN¥778.1m over the last 12 months, up 54% from the prior year. Announcement • Oct 16
Shenzhen JT Automation Equipment Co.,Ltd to Report Q3, 2020 Results on Oct 17, 2020 Shenzhen JT Automation Equipment Co.,Ltd announced that they will report Q3, 2020 results on Oct 17, 2020 