New Risk • Jul 09
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 11% 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 (11% average weekly change). Earnings have declined by 58% per year over the past 5 years. Ankündigung • Jun 30
UniTTEC Co.,Ltd to Report First Half, 2026 Results on Aug 22, 2026 UniTTEC Co.,Ltd announced that they will report first half, 2026 results on Aug 22, 2026 New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 58% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). New Risk • Apr 29
New major risk - Revenue and earnings growth Earnings have declined by 49% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.2% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.09 loss per share (vs CN¥0.042 profit in FY 2024) Full year 2025 results: CN¥0.09 loss per share (down from CN¥0.042 profit in FY 2024). Revenue: CN¥2.28b (up 13% from FY 2024). Net loss: CN¥62.3m (down 356% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Ankündigung • Apr 29
UniTTEC Co.,Ltd, Annual General Meeting, May 19, 2026 UniTTEC Co.,Ltd, Annual General Meeting, May 19, 2026, at 13:30 China Standard Time. Location: 17F, Building 4, No. 1785, Jianghan Road, Binjiang District, Hangzhou, Zhejiang China Ankündigung • Mar 31
UniTTEC Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 UniTTEC Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Ankündigung • Dec 31
UniTTEC Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026 UniTTEC Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026 New Risk • Nov 06
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.032 (vs CN¥0.002 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.032 (up from CN¥0.002 in 3Q 2024). Revenue: CN¥757.6m (up 53% from 3Q 2024). Net income: CN¥20.5m (up CN¥19.0m from 3Q 2024). Profit margin: 2.7% (up from 0.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. New Risk • Oct 30
New major risk - Revenue and earnings growth Earnings have declined by 43% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Ankündigung • Sep 30
UniTTEC Co.,Ltd to Report Q3, 2025 Results on Oct 30, 2025 UniTTEC Co.,Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Aug 20
Second quarter 2025 earnings released: CN¥0.024 loss per share (vs CN¥0.11 loss in 2Q 2024) Second quarter 2025 results: CN¥0.024 loss per share (improved from CN¥0.11 loss in 2Q 2024). Revenue: CN¥468.3m (up 33% from 2Q 2024). Net loss: CN¥16.7m (loss narrowed 73% from 2Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Ankündigung • Jul 02
UniTTEC Co.,Ltd to Report First Half, 2025 Results on Aug 20, 2025 UniTTEC Co.,Ltd announced that they will report first half, 2025 results on Aug 20, 2025 Reported Earnings • Apr 24
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.04 (down from CN¥0.11 in FY 2023). Revenue: CN¥2.02b (down 13% from FY 2023). Net income: CN¥24.4m (down 58% from FY 2023). Profit margin: 1.2% (down from 2.5% in FY 2023). Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 79%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Ankündigung • Apr 24
UniTTEC Co.,Ltd, Annual General Meeting, May 14, 2025 UniTTEC Co.,Ltd, Annual General Meeting, May 14, 2025, at 13:30 China Standard Time. Location: 17F, Building 4, No. 1785, Jianghan Road, Binjiang District, Hangzhou, Zhejiang China Ankündigung • Mar 31
UniTTEC Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 UniTTEC Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Ankündigung • Jan 23
UniTTEC Co.,Ltd (SZSE:000925) announces an Equity Buyback for CNY 15 million worth of its shares. UniTTEC Co.,Ltd (SZSE:000925) announces a share repurchase program. Under the program, the company will repurchase up to CNY 15 million worth of its class A shares. The price to be paid for repurchase should not be more than CNY 12.46 per share. The repurchased shares will be used for cancellation and reduce the company's registered capital. The repurchases will be made through own funds and special loans for share repurchase. The program is subject to shareholders for approval. The program will be valid for 12 months. New Risk • Jan 03
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 10% 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 Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Ankündigung • Dec 31
UniTTEC Co.,Ltd to Report Fiscal Year 2024 Results on Apr 24, 2025 UniTTEC Co.,Ltd announced that they will report fiscal year 2024 results on Apr 24, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.021 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.002 (down from CN¥0.021 in 3Q 2023). Revenue: CN¥494.8m (down 18% from 3Q 2023). Net income: CN¥1.44m (down 88% from 3Q 2023). Profit margin: 0.3% (down from 1.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Ankündigung • Oct 09
UniTTEC Co.,Ltd Announces Implementation of 2024 Interim Profit Distribution for A Shares, Payable on 14 October 2024 UniTTEC Co.,Ltd announced 2024 interim profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.15000000. Record date: 11 October 2024. Ex-date: 14 October 2024. Payment date: 14 October 2024. Ankündigung • Sep 30
UniTTEC Co.,Ltd to Report Q3, 2024 Results on Oct 29, 2024 UniTTEC Co.,Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 New Risk • Sep 18
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (25% increase in shares outstanding). Ankündigung • Aug 31
UniTTEC Co.,Ltd Proposes Interim Dividend for the First Half of 2024 UniTTEC Co.,Ltd proposed interim cash dividend of CNY 0.15000000 per 10 shares (tax included) for the first half of 2024. New Risk • Aug 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (23% increase in shares outstanding). Ankündigung • Jun 29
UniTTEC Co.,Ltd to Report First Half, 2024 Results on Aug 30, 2024 UniTTEC Co.,Ltd announced that they will report first half, 2024 results on Aug 30, 2024 Board Change • Jun 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Mingliang Zhang was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 29
UniTTEC Co.,Ltd, Annual General Meeting, May 17, 2024 UniTTEC Co.,Ltd, Annual General Meeting, May 17, 2024, at 13:30 China Standard Time. Location: 17F, Building 4, No. 1785, Jianghan Road, Binjiang District, Hangzhou, Zhejiang China Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in FY 2022) Full year 2023 results: EPS: CN¥0.11 (up from CN¥0.11 in FY 2022). Revenue: CN¥2.32b (down 9.2% from FY 2022). Net income: CN¥57.5m (up 2.0% from FY 2022). Profit margin: 2.5% (up from 2.2% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Ankündigung • Mar 30
UniTTEC Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 UniTTEC Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Ankündigung • Dec 30
UniTTEC Co.,Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024 UniTTEC Co.,Ltd announced that they will report fiscal year 2023 results on Apr 27, 2024 New Risk • Nov 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 6.3% 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change). New Risk • Nov 01
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.006 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.021 (up from CN¥0.006 loss in 3Q 2022). Revenue: CN¥601.4m (down 7.5% from 3Q 2022). Net income: CN¥11.7m (up CN¥15.5m from 3Q 2022). Profit margin: 1.9% (up from net loss in 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Aug 23
Second quarter 2023 earnings released: CN¥0.021 loss per share (vs CN¥0.05 profit in 2Q 2022) Second quarter 2023 results: CN¥0.021 loss per share (down from CN¥0.05 profit in 2Q 2022). Revenue: CN¥404.2m (down 30% from 2Q 2022). Net loss: CN¥12.2m (down 143% from profit in 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 26
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: CN¥0.11 (down from CN¥0.37 in FY 2021). Revenue: CN¥2.56b (down 12% from FY 2021). Net income: CN¥56.4m (down 72% from FY 2021). Profit margin: 2.2% (down from 6.9% in FY 2021). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 52%. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥10.44, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥8.96, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 8.1% over the past three years. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥8.11, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years. Board Change • Nov 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Steven He was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Nov 10
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from CN¥0.34 to CN¥0.23. Revenue forecast unchanged from CN¥2.53b at last update. Net income forecast to grow 32% next year vs 51% growth forecast for Electronic industry in China. Consensus price target down from CN¥8.66 to CN¥8.23. Share price rose 3.6% to CN¥7.76 over the past week. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.006 loss per share (vs CN¥0.077 profit in 3Q 2021) Third quarter 2022 results: CN¥0.006 loss per share (down from CN¥0.077 profit in 3Q 2021). Revenue: CN¥650.4m (up 11% from 3Q 2021). Net loss: CN¥3.77m (down 109% from profit in 3Q 2021). Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 22
Second quarter 2022 earnings released: EPS: CN¥0.049 (vs CN¥0.064 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.049 (down from CN¥0.064 in 2Q 2021). Revenue: CN¥574.8m (down 25% from 2Q 2021). Net income: CN¥28.2m (down 19% from 2Q 2021). Profit margin: 4.9% (up from 4.6% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 21%, compared to a 26% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥9.17, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 44% 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 19% share price gain to CN¥8.69, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 28% over the past three years. Ankündigung • Jun 18
UniTTEC Co.,Ltd Announces Final Dividend on A Shares for the Year 2021, Payable on June 23, 2022 UniTTEC Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 0.50000000 on A shares for the year 2021. Record date is June 22, 2022. Ex-date is June 23, 2022. Payment date is June 23, 2022. Ankündigung • May 18
Unittec Co.,Ltd Approves 2021 Profit Distribution Plan UniTTEC Co.,Ltd held its Annual General Meeting of 2021 on 13 May 2022 approved Cash dividend/10 shares (tax included) of CNY 0.50000000. Ankündigung • May 08
UniTTEC Co.,Ltd (SZSE:000925) announces an Equity Buyback for CNY 100 million worth of its shares. UniTTEC Co.,Ltd (SZSE:000925) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 14.43 per share. The shares repurchased will be used for equity incentives plan. The program will be valid for 12 months. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.04 (down from CN¥0.059 in 1Q 2021). Revenue: CN¥405.3m (down 15% from 1Q 2021). Net income: CN¥19.9m (down 38% from 1Q 2021). Profit margin: 4.9% (down from 6.7% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 8.3%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Steven He was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 24
UniTTEC Co.,Ltd, Annual General Meeting, May 13, 2022 UniTTEC Co.,Ltd, Annual General Meeting, May 13, 2022, at 13:30 China Standard Time. Agenda: To consider the 2021 work report of the board of directors; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; to consider the 2021 annual report and its summary; to consider the 2022 employee stock ownership plan (draft) and its summary; to consider the Management measures for 2022 employee stock ownership plan; to consider the authorization to the board to handle matters regarding the 2022 employee stock ownership plan; to consider the reappointment of audit firm; to consider the 2022 estimated total amount of continuing connected transactions; to consider the 2022 guarantee quota for and mutual guarantee quota with subsidiaries within the scope of consolidated financial statements; to consider the 2022 connected transaction regarding provision of guarantee for joint stock companies; and to consider the other resolutions. Ankündigung • Apr 23
UniTTEC Co.,Ltd Proposes Final Cash Dividend for 2021 UniTTEC Co.,Ltd proposed final cash dividend of CNY 0.50000000 per 10 shares (tax included) for 2021. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.077 (vs CN¥0.15 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥584.5m (down 2.8% from 3Q 2020). Net income: CN¥40.0m (down 50% from 3Q 2020). Profit margin: 6.8% (down from 13% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.061 (vs CN¥0.14 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥760.9m (down 15% from 2Q 2020). Net income: CN¥34.9m (down 53% from 2Q 2020). Profit margin: 4.6% (down from 8.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥7.82, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 26x in the Electronic industry in China. Negligible returns to shareholders over past three years. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.059 (vs CN¥0.28 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥474.9m (up 39% from 1Q 2020). Net income: CN¥32.0m (up CN¥184.7m from 1Q 2020). Profit margin: 6.7% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 07
Full year 2020 earnings released: EPS CN¥0.09 (vs CN¥0.24 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥2.96b (up 6.5% from FY 2019). Net income: CN¥50.1m (down 63% from FY 2019). Profit margin: 1.7% (down from 4.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% 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. Ankündigung • Mar 09
UniTTEC Co.,Ltd to Report Fiscal Year 2020 Results on Apr 23, 2021 UniTTEC Co.,Ltd announced that they will report fiscal year 2020 results on Apr 23, 2021 Is New 90 Day High Low • Feb 05
New 90-day low: CN¥5.80 The company is down 18% from its price of CN¥7.05 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 6.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥6.75 The company is down 19% from its price of CN¥8.35 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥51.4m, down 27% from the prior year. Total revenue was CN¥2.94b over the last 12 months, up 13% from the prior year. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥7.09 The company is down 13% from its price of CN¥8.19 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period. Ankündigung • Oct 20
UniTTEC Co.,Ltd to Report Q3, 2020 Results on Oct 28, 2020 UniTTEC Co.,Ltd announced that they will report Q3, 2020 results on Oct 28, 2020 Ankündigung • Oct 11
Zhejiang Zheda Wangxin Electromechanical Technology Group Co., Ltd agreed to acquire unknown majority stake in Zhejiang Zhonghe Investment Co., Ltd from UniTTEC Co.,Ltd (SZSE:000925). Zhejiang Zheda Wangxin Electromechanical Technology Group Co., Ltd agreed to acquire unknown majority stake in Zhejiang Zhonghe Investment Co., Ltd from UniTTEC Co.,Ltd (SZSE:000925) on September 30, 2020. As per the terms
UniTTEC Co.,Ltd will sell more than 60% stake in Zhejiang Zhonghe Investment Co., Ltd. For the year ended December 31, 2019, Zhejiang Zhonghe Investment Co., Ltd reported revenues of CNY 137.7 million, operating loss of CNY -144.6 million, net loss of CNY - 145.9 million and as on June 30, 2020 reported total assets of CNY 1.5 billion and net assets of CNY -78.8 million. The transaction is subject to UniTTEC Co.,Ltd shareholders approval and is approved by the board of directors of UniTTEC Co.,Ltd. Ankündigung • Jul 25
UniTTEC Co.,Ltd to Report First Half, 2020 Results on Aug 21, 2020 UniTTEC Co.,Ltd announced that they will report first half, 2020 results on Aug 21, 2020 Ankündigung • Jun 18
UniTTEC Co.,Ltd's No. 2 ESOP entered into a share transfer agreement to acquire 6.42% stake in UniTTEC Co.,Ltd (SZSE:000925) from Hangzhou Chengshang Technology Co. Ltd. for approximately CNY 240 million. UniTTEC Co.,Ltd's No. 2 ESOP entered into a share transfer agreement to acquire 6.42% stake in UniTTEC Co.,Ltd (SZSE:000925) from Hangzhou Chengshang Technology Co. Ltd. for approximately CNY 240 million on March 25, 2020. UniTTEC Co.,Ltd's No. 2 ESOP will acquire 35.29 million shares at CNY 6.804 per share. Ankündigung • Jun 16
Zhejiang Langxun Information Technology Co., Ltd. and Zhejiang Zheda Wangxin Electromechanical Technology Group Co., Ltd. completed the acquisition of 10% stake in UniTTEC Co.,Ltd (SZSE:000925) from Insigma Technology Co., Ltd. (SHSE:600797). Zhejiang Langxun Information Technology Co., Ltd. and Zhejiang Zheda Wangxin Electromechanical Technology Group Co., Ltd. agreed to acquire 10% stake in UniTTEC Co.,Ltd (SZSE:000925) from Insigma Technology Co., Ltd. (SHSE:600797) for approximately CNY 410 million on April 1, 2020. Under the terms, Insigma Technology Co., Ltd. will sell 54.96 million shares of UniTTEC Co.,Ltd at CNY 7.5 per share. 50% of the transactional price will be paid within 5 days since approval from the Shenzhen Stock Exchange to the present transaction, 30% of the price will be paid within 3 months since completion of change of registry procedures and 20% will be paid within 6 months since completion of change of registry procedures. The transaction is subject to Insigma Technology's shareholder's approval. The transaction has been approved by the 20th meeting of the 9th Directorate of UniTTEC Co.,Ltd. As on April 22, 2020, Insigma Technology' shareholder's approved the transaction.
Zhejiang Langxun Information Technology Co., Ltd. and Zhejiang Zheda Wangxin Electromechanical Technology Group Co., Ltd. completed the acquisition of 10% stake in UniTTEC Co.,Ltd (SZSE:000925) from Insigma Technology Co., Ltd. (SHSE:600797) on June 11, 2020. After the transaction, Insigma Technology Co., Ltd. still owns 2,360,510 shares in the company, accounting for 0.43% stake. On June 12, 2020, China Securities Depository and Clearing Co., Ltd. issued the securities transfer registration confirmation.