New Risk • May 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 9.9% 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 (9.9% average weekly change). Minor Risks Dividend is not well covered by earnings (134% payout ratio). Profit margins are more than 30% lower than last year (17% net profit margin). New Risk • Apr 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 17% Last year net profit margin: 31% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (134% payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (17% net profit margin). Reported Earnings • Apr 27
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: CN¥0.37 (up from CN¥0.29 in FY 2024). Revenue: CN¥504.2m (up 75% from FY 2024). Net income: CN¥103.8m (up 26% from FY 2024). Profit margin: 21% (down from 29% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 44% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings. Ankündigung • Apr 27
Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, May 20, 2026 Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Kunshan, Jiangsu China New Risk • Apr 08
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 8.6% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Ankündigung • Mar 31
Long Young Electronic (Kunshan) Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 New Risk • Feb 14
New major risk - Revenue and earnings growth Earnings have declined by 19% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Ankündigung • Dec 31
Long Young Electronic (Kunshan) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.079 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.079 in 3Q 2024). Revenue: CN¥136.9m (up 73% from 3Q 2024). Net income: CN¥27.2m (up 20% from 3Q 2024). Profit margin: 20% (down from 29% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 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 28% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Ankündigung • Sep 30
Long Young Electronic (Kunshan) Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Ankündigung • Jul 02
Long Young Electronic (Kunshan) Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥24.90, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 60% over the past year. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.06 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.06 in 1Q 2024). Revenue: CN¥73.4m (up 24% from 1Q 2024). Net income: CN¥30.7m (up 72% from 1Q 2024). Profit margin: 42% (up from 30% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Ankündigung • Apr 16
Longyoung Electronics(Kunshan) Co., Ltd. Announces Cash Dividend Distribution Long Young Electronic (Kunshan) Co., Ltd. at its board of directors or shareholders meeting held on April 15, 2025, announced
Cash dividend of RMB 70,511,751.75. Ex-rights (ex-dividend) trading date: April 22, 2025; Ex-rights (ex-dividend) record date: April 22, 2025. Ankündigung • Apr 10
Long Young Electronic (Kunshan) Co., Ltd. Approves Final Cash Dividend for 2024 Long Young Electronic (Kunshan) Co., Ltd. at its Annual General Meeting held on 08 April 2025 approved final cash dividend of CNY 2.50000000 per 10 shares (tax included) for 2024. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to CN¥15.39, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 9.3% over the past year. Ankündigung • Mar 31
Long Young Electronic (Kunshan) Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥22.55, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 63% over the past year. Ankündigung • Mar 14
Long Young Electronic (Kunshan) Co., Ltd. Proposes Final Cash Dividend for 2024 Long Young Electronic (Kunshan) Co., Ltd. announced on 13 March 2025 the profit distribution proposal for 2024 as follows: final cash dividend per 10 shares (tax included) of CNY 2.5. Ankündigung • Mar 13
Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 08, 2025 Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 08, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Kunshan, Jiangsu China New Risk • Feb 21
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 9.2% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 120% Dividend per share is over 9x cash flows per share. High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (25% net profit margin). New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Ankündigung • Dec 31
Long Young Electronic (Kunshan) Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.079 (vs CN¥0.09 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.079 (down from CN¥0.09 in 3Q 2023). Revenue: CN¥79.0m (up 12% from 3Q 2023). Net income: CN¥22.6m (down 16% from 3Q 2023). Profit margin: 29% (down from 38% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 67% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥14.58, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 15% over the past year. Ankündigung • Sep 30
Long Young Electronic (Kunshan) Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥15.39, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 10% over the past year. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.049 (vs CN¥0.12 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.049 (down from CN¥0.12 in 2Q 2023). Revenue: CN¥70.6m (down 11% from 2Q 2023). Net income: CN¥12.2m (down 64% from 2Q 2023). Profit margin: 17% (down from 42% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Ankündigung • Jun 29
Long Young Electronic (Kunshan) Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥15.17, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 12% over the past year. Declared Dividend • May 27
Dividend reduced to CN¥0.30 Dividend of CN¥0.30 is 57% lower than last year. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 1.4% to bring the payout ratio under control. EPS is expected to grow by 212% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to CN¥18.82, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 5.3% over the past year. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.06 (down from CN¥0.07 in 1Q 2023). Revenue: CN¥59.1m (up 24% from 1Q 2023). Net income: CN¥17.8m (down 7.5% from 1Q 2023). Profit margin: 30% (down from 40% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.92, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 37% over the past year. Ankündigung • Mar 30
Long Young Electronic (Kunshan) Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Ankündigung • Mar 16
Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 09, 2024 Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 09, 2024, at 14:30 China Standard Time. Location: Conference room on the 1st floor of the company, No. 99, Shunchang Road, Kunshan City, Suzhou City Jiangsu Province China Agenda: To consider the 2023 annual report and its summary; to consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual accounts report; to consider the 2023 profit distribution plan; to consider the Appointment of 2024 audit firm; to consider the 2024 remuneration plan for directors; to consider the 2024 remuneration plan for supervisors; to consider the Cash management with some proprietary funds and idle raised funds; and to consider the Purchase of liability insurance for directors, supervisors and senior management. Reported Earnings • Mar 15
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.34 (down from CN¥0.75 in FY 2022). Revenue: CN¥265.4m (down 30% from FY 2022). Net income: CN¥96.8m (down 43% from FY 2022). Profit margin: 37% (down from 45% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 55% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥15.02, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 20% over the past year. Ankündigung • Feb 20
Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) announces an Equity Buyback for CNY 26 million worth of its shares. Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) announces a share repurchase program. Under the program, the company will repurchase up to CNY 26 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 21.47 per share. The repurchased shares will be used to maintain the company’s value and safeguard the rights and interests of shareholders and Employees’ shareholding plan, equity incentive plan, or underlying shares of convertible bonds to be issued in the future . The program will be valid for 12 months. 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 7.0% 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: 170% Dividend per share is over 15x cash flows per share. High level of non-cash earnings (44% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥12.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 35% over the past year. Ankündigung • Dec 30
Long Young Electronic (Kunshan) Co., Ltd. to Report Fiscal Year 2023 Results on Mar 15, 2024 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report fiscal year 2023 results on Mar 15, 2024 Ankündigung • Dec 01
Long Young Electronic (Kunshan) Co., Ltd. Approves Management Appointments Long Young Electronic (Kunshan) Co., Ltd. announced at the EGM held on November 29, 2023, approved election of Fu Qingxuan, Zhang Dongqin, Chen Xianfeng as non-independent directors; Liu Tiehua and Sun Qihua as independent directors and Lv Yongli as non-employee supervisor. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥21.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 3.8% over the past year. New Risk • Aug 19
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Cash payout ratio: 260% High level of non-cash earnings (25% accrual ratio). Reported Earnings • Aug 18
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.12. Net income: CN¥33.6m (up CN¥33.6m from 2Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Ankündigung • Jul 01
Long Young Electronic (Kunshan) Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023 Long Young Electronic (Kunshan) Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 Ankündigung • May 26
Long Young Electronic (Kunshan) Co., Ltd. Announces Implementation of Final Cash Dividend for 2022, Payable on 31 May 2023 Long Young Electronic (Kunshan) Co., Ltd. announced implementation of final cash dividend (tax included) of CNY 7.00000000 per 10 A shares for 2022. Record date is 30 May 2023 with Ex-date on 31 May 2023 and Payment date on 31 May 2023. Net cash dividend per 10 shares after tax: CNY 6.30000000 (CNY 7.00000000 - CNY 0.70000000). Ankündigung • May 24
Long Young Electronic (Kunshan) Co., Ltd. Declares Cash Dividend Long Young Electronic (Kunshan) Co., Ltd. declared a cash dividend of RMB 198,450,000.00. Ex-rights (ex-dividend) trading date is May 31, 2023. Last date before book closure is May 30, 2023. Ex-rights (ex-dividend) record date is May 31, 2023. Reported Earnings • Mar 24
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: CN¥0.75 (down from CN¥0.93 in FY 2021). Revenue: CN¥376.4m (down 12% from FY 2021). Net income: CN¥168.9m (down 15% from FY 2021). Profit margin: 45% (down from 46% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China.