Ankündigung • Jun 05
China Electronics Huada Technology Company Limited Announces Retirement of Chan Kay Cheung as Independent Non-Executive Director, Effective June 25, 2026 China Electronics Huada Technology Company Limited announced that Mr. Chan Kay Cheung had decided not to offer himself for re-election and would retire as an independent non-executive director of the Company upon conclusion of the annual general meeting of the Company to be held on June 25, 2026 in order to devote more time on other personal commitments. Mr. Chan has confirmed that there is no disagreement with the Board, and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company. Ankündigung • Jun 03
China Electronics Huada Technology Company Limited, Annual General Meeting, Jun 25, 2026 China Electronics Huada Technology Company Limited, Annual General Meeting, Jun 25, 2026, at 16:30 China Standard Time. Location: plaza 3, basement 3, novotel century hong kong, 238 jaffe road, wanchai, Hong Kong Declared Dividend • Apr 02
Dividend reduced to HK$0.036 Dividend of HK$0.036 is 60% lower than last year. Ex-date: 13th July 2026 Payment date: 31st July 2026 Dividend yield will be 3.2%, which is lower than the industry average of 3.4%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 45% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • Apr 01
China Electronics Huada Technology Company Limited announces Annual dividend, payable on July 31, 2026 China Electronics Huada Technology Company Limited announced Annual dividend of HKD 0.0360 per share payable on July 31, 2026, ex-date on July 13, 2026 and record date on July 14, 2026. Ankündigung • Mar 19
China Electronics Huada Technology Company Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 China Electronics Huada Technology Company Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Aug 31
First half 2025 earnings released: EPS: HK$0.068 (vs HK$0.15 in 1H 2024) First half 2025 results: EPS: HK$0.068 (down from HK$0.15 in 1H 2024). Revenue: HK$1.11b (down 18% from 1H 2024). Net income: HK$138.6m (down 55% from 1H 2024). Profit margin: 13% (down from 23% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to HK$1.81, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 28x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 196% over the past three years. Upcoming Dividend • Jul 07
Upcoming dividend of HK$0.09 per share Eligible shareholders must have bought the stock before 14 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 31% and the cash payout ratio is 99%. Trailing yield: 6.4%. Lower than top quartile of Hong Kong dividend payers (7.2%). Higher than average of industry peers (1.7%). Ankündigung • Jun 27
China Electronics Huada Technology Company Limited Declares Dividend for the Year Ended 31 December 2024 China Electronics Huada Technology Company Limited at its AGM held on June 27, 2025, declared a dividend of 9.0 HK cents per share for the year ended 31 December 2024. Ankündigung • Jun 24
China Electronics Huada Technology Company Limited to Report First Half, 2025 Results on Aug 31, 2025 China Electronics Huada Technology Company Limited announced that they will report first half, 2025 results on Aug 31, 2025 Reported Earnings • May 04
Full year 2024 earnings released: EPS: HK$0.29 (vs HK$0.34 in FY 2023) Full year 2024 results: EPS: HK$0.29 (down from HK$0.34 in FY 2023). Revenue: HK$2.35b (down 22% from FY 2023). Net income: HK$587.5m (down 14% from FY 2023). Profit margin: 25% (up from 23% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Apr 29
China Electronics Huada Technology Company Limited, Annual General Meeting, Jun 27, 2025 China Electronics Huada Technology Company Limited, Annual General Meeting, Jun 27, 2025, at 16:00 China Standard Time. Location: plaza 3, basement 3, novotel century hong kong, 238 jaffe road, wanchai, Hong Kong 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 HK$1.19, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 23x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 137% over the past three years. Declared Dividend • Mar 31
Dividend of HK$0.09 announced Shareholders will receive a dividend of HK$0.09. Ex-date: 14th July 2025 Payment date: 31st July 2025 Dividend yield will be 6.4%, which is higher than the industry average of 3.4%. Sustainability & Growth The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • Mar 30
China Electronics Huada Technology Company Limited announces Annual dividend, payable on July 31, 2025 China Electronics Huada Technology Company Limited announced Annual dividend of HKD 0.0900 per share payable on July 31, 2025, ex-date on July 14, 2025 and record date on July 15, 2025. Ankündigung • Mar 18
China Electronics Huada Technology Company Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 China Electronics Huada Technology Company Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 Board Change • Feb 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Yaping Huang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Feb 04
Now 25% overvalued Over the last 90 days, the stock has fallen 2.2% to HK$1.35. The fair value is estimated to be HK$1.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jan 17
Now 21% overvalued Over the last 90 days, the stock has fallen 9.9% to HK$1.28. The fair value is estimated to be HK$1.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Dec 21
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to HK$1.26. The fair value is estimated to be HK$1.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Oct 18
Now 38% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to HK$1.42. The fair value is estimated to be HK$1.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to HK$1.41, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 12x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 102% over the past three years. Buy Or Sell Opportunity • Sep 30
Now 20% overvalued Over the last 90 days, the stock has fallen 1.6% to HK$1.24. The fair value is estimated to be HK$1.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$1.15, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 10x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 71% over the past three years. Ankündigung • Sep 24
China Electronics Huada Technology Company Limited Announces Board and Committee Changes China Electronics Huada Technology Company Limited announced that Mr. Xu Haidong ("Mr. Xu") has resigned as a non-executive director of the Company and the Chairman of the Board with effect from 4 September 2024. Mr. Xu has resigned due to a change of work arrangement. Mr. Xu has confirmed that there is no disagreement with the Board, and there is no matter
relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board would like to express its sincere gratitude to Mr. Xu for his invaluable contribution to the Company during his tenure of service. The Board announces that Mr. Sun Jie ("Mr. Sun") has been appointed as a non-executive director of the Company and the Chairman of the Board with effect from 24 September 2024. Mr. Sun, aged 57, graduated from Anhui University with a Bachelor's degree in Computer Software, and is a leading senior engineer. Mr. Sun is currently serving as the chief economist of China Electronics Corporation Limited ("CEC"), the ultimate controlling shareholder of the Company, and the chairman of the board of directors of Huada Semiconductor Co., Ltd, a controlling shareholder of the Company. Mr. Sun was a senior engineer of the 38th Research Institute of the Ministry of Electronics Industry, a deputy director of the Electronics Department of the 38th Research Institute of the Ministry of Information Industry, a director of the International Cooperation Department of and an assistant director of the 38th Research Institute of China Electronics Technology Group Corporation, a deputy director of the Marketing Department, a director of the Production and Operation Department, a director of the Operation Management Department and a director of the Industry Planning Department of CEC. During the past three years and as at the date of this announcement, Mr. Sun has not held any directorship in any listed public company. The Board announces that Ms. Huang Yaping, an independent non-executive director of the Company and a member of the remuneration and nomination committee of the Company, has been appointed as a member of the audit committee of the Company with effect from 24 September 2024. Reported Earnings • Sep 01
First half 2024 earnings released: EPS: HK$0.15 (vs HK$0.27 in 1H 2023) First half 2024 results: EPS: HK$0.15 (down from HK$0.27 in 1H 2023). Revenue: HK$1.36b (down 25% from 1H 2023). Net income: HK$309.5m (down 44% from 1H 2023). Profit margin: 23% (down from 31% in 1H 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 20
China Electronics Huada Technology Company Limited to Report First Half, 2024 Results on Aug 30, 2024 China Electronics Huada Technology Company Limited announced that they will report first half, 2024 results on Aug 30, 2024 Upcoming Dividend • Jul 08
Upcoming dividend of HK$0.10 per share Eligible shareholders must have bought the stock before 15 July 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of Hong Kong dividend payers (8.0%). Higher than average of industry peers (3.5%). Ankündigung • Jun 08
China Electronics Huada Technology Company Limited, Annual General Meeting, Jun 28, 2024 China Electronics Huada Technology Company Limited, Annual General Meeting, Jun 28, 2024, at 16:15 China Standard Time. Location: century room ii, basement 2, novotel century hong kong, 238 jaffe road, wanchai Hong Kong Ankündigung • May 29
China Electronics Huada Technology Company Limited Appoints Huang Yaping as Independent Non-Executive Director and Member of the Remuneration and Nomination Committee China Electronics Huada Technology Company Limited announces that Ms. Huang Yaping (Ms. Huang) has been appointed as an independent non-executive director of the Company and a member of the remuneration and nomination committee of the Company (the Remuneration and Nomination Committee) with effect from 28 May 2024. Ms. Huang, aged 55, graduated from China University of Political Science and Law with a Bachelor's degree in Laws and holds a Lawyer's License in the People's Republic of China. Ms. Huang is currently serving as a senior partner, a director of the corporate mergers and acquisitions and commercial affairs committee and a member of the corporate securities operation internal verification committee of Guantao Law Firm, as well as a managing partner of Guantao Law Firm Shenzhen office. Ms. Huang was a practicing lawyer of Shenzhen Finance and Real Estate Law Firm and an executive partner of Guangdong Jindi Law Firm. Ms. Huang was a council member of Shenzhen Lawyers Association and a deputy director of the securities law professional committee of Guangdong Lawyers Association. Ms. Huang's main areas of practice include corporate, finance and securities and possess a wealth of practicing experience in the areas of corporate listing and securities offering, investment and financing, and restructuring and mergers and acquisitions. During the past three years and as at the date of this announcement, Ms. Huang has not held any directorship in any listed public company. Ms. Huang has not entered into any service contract with the Company which provides for a specified length of service. Ms. Huang will be subject to retirement by rotation and re-election in accordance with the bye-laws of the Company and the Listing Rules. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to HK$1.32, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 12x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 90% over the past three years. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: HK$0.34 (vs HK$0.26 in FY 2022) Full year 2023 results: EPS: HK$0.34 (up from HK$0.26 in FY 2022). Revenue: HK$3.02b (up 22% from FY 2022). Net income: HK$686.4m (up 29% from FY 2022). Profit margin: 23% (up from 21% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Ankündigung • Mar 29
China Electronics Huada Technology Company Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 31 July 2024 China Electronics Huada Technology Company Limited proposed final dividend for the year ended 31 December 2023 of HKD 0.105 per share. Ex-dividend date is 15 July 2024, Record date is 19 July 2024 and Payment date is 31 July 2024. Date of shareholders' approval is 28 June 2024. Ankündigung • Mar 19
China Electronics Huada Technology Company Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 China Electronics Huada Technology Company Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$1.63, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 11x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 120% over the past three years. Ankündigung • Jan 24
China Electronics Huada Technology Company Limited Announces Board Changes China Electronics Huada Technology Company Limited announced that Ms. Luo Wenjing has resigned as an Executive Director of the Company with effect from 24 January 2024. Ms. Luo has resigned due to a change of work arrangement. Ms. Luo has confirmed that there is no disagreement with the Board, and there is no matter relating to her resignation that needs to be brought to the attention of the shareholders of the Company. The Board announces that Mr. Wang Jian ("Mr. Wang") has been appointed as an Executive Director of the Company with effect from 24 January 2024. Mr. Wang, aged 42, graduated from of the University of Electronic Science and Technology of China and holds a Bachelor's degree in Optoelectronic Information. Mr. Wang is currently serving as the secretary to the board of directors, the administrative controller, the director of the board office and the director of the general department of Huada Semiconductor Co. Ltd., a controlling shareholder of the Company, an executive director and the general manager of CEC Chitsing Technology Co. Ltd., and a director of Xiaohua Semiconductor Co. Ltd. Mr. Wang was the secretary of the general office of Nanjing Huadong Electronics Group Co. Ltd., and the director-general of the personnel and general affairs department and the director-general of the administrative and legal affairs department of Nanjing CEC PANDA CF Technology Co. Ltd. During the past three years and as at the date of this announcement, Mr. Wang has not held any directorship in any listed public company. Reported Earnings • Oct 01
First half 2023 earnings released: EPS: HK$0.27 (vs HK$0.10 in 1H 2022) First half 2023 results: EPS: HK$0.27 (up from HK$0.10 in 1H 2022). Revenue: HK$1.81b (up 56% from 1H 2022). Net income: HK$552.9m (up 172% from 1H 2022). Profit margin: 31% (up from 18% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 01
First half 2023 earnings released: EPS: HK$0.27 (vs HK$0.10 in 1H 2022) First half 2023 results: EPS: HK$0.27 (up from HK$0.10 in 1H 2022). Revenue: HK$1.81b (up 56% from 1H 2022). Net income: HK$552.9m (up 172% from 1H 2022). Profit margin: 31% (up from 18% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 03
Upcoming dividend of HK$0.08 per share at 5.4% yield Eligible shareholders must have bought the stock before 10 July 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Hong Kong dividend payers (7.6%). Higher than average of industry peers (2.1%). Ankündigung • Jun 29
China Electronics Huada Technology Company Limited Declares Dividend for the Year Ended 31 December 2022 China Electronics Huada Technology Company Limited announced that at the AGM was held on 28 June 2023, the company declares a dividend of 8.0 HK cents per share for the year ended 31 December 2022. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 47% After last week's 47% share price gain to HK$1.60, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 10x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 78% over the past three years. Ankündigung • Jun 17
China Electronics Huada Technology Company Limited to Report First Half, 2023 Results on Aug 31, 2023 China Electronics Huada Technology Company Limited announced that they will report first half, 2023 results on Aug 31, 2023 Ankündigung • Jun 03
China Electronics Huada Technology Company Limited Proposes Dividend for the Year Ended 31 December 2022 China Electronics Huada Technology Company Limited proposed dividend of HK 8.0 cents per share for the year ended 31 December 2022. Ankündigung • May 20
China Electronics Huada Technology Company Limited, Annual General Meeting, Jun 28, 2023 China Electronics Huada Technology Company Limited, Annual General Meeting, Jun 28, 2023. Agenda: To consider the amendments and the adoption of the New Bye-laws are subject to approval by the shareholders of the Company. Reported Earnings • Mar 29
Full year 2022 earnings released Full year 2022 results: Revenue: HK$2.48b (up 48% from FY 2021). Net income: HK$531.4m (up 324% from FY 2021). Profit margin: 21% (up from 7.5% in FY 2021). Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$1.56, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 9x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 251% over the past three years. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$1.63, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 8x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 113% over the past three years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$1.37, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 8x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 68% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 33% share price gain to HK$1.18, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 7x in the Semiconductor industry in Hong Kong. Total returns to shareholders of 99% over the past three years. Ankündigung • Dec 17
China Electronics Huada Technology Company Limited to Report Fiscal Year 2022 Results on Mar 31, 2023 China Electronics Huada Technology Company Limited announced that they will report fiscal year 2022 results on Mar 31, 2023 Board Change • Nov 23
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Charles Chow was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Nov 22
China Electronics Huada Technology Company Limited Announces Board Changes The board of directors of China Electronics Huada Technology Company Limited announced that Mr. Liu Hongzhou (Mr. Liu) has retired as an Executive Director of the company, the Deputy Chairman of the Board and the Managing Director of the Company with effect from 21 November 2022 as he has attained the age of retirement. Mr. Liu has confirmed that there is no disagreement with the Board, and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the company. The Board announces that Ms. Luo Wenjing (Ms. Luo) has been appointed as an Executive Director of the Company with effect from 21 November 2022. Ms. Luo, aged 50, graduated from Shanghai International Studies University and holds a Bachelor's degree in German Language and obtained a Master's degree in Business Administration from Shanghai Jiao Tong University. Ms. Luo is a Certified Public Accountant in the PRC, a fellow member of the Chartered Institute of Management Accountants and a Chartered Global Management Accountant. Ms. Luo currently serves as the senior professional manageress of the finance department of Huada Semiconductor Co., Ltd, a controlling shareholder of the company and a director of Xiaohua Semiconductor Co. Ltd. Ms. Luo was the financial controller of Phonak Hearing Aids (China) Group, the financial controller of Parker Hannifin Motion & Control (Shanghai) Co., Ltd, the vice president of finance of Advanced Semiconductor Manufacturing Corporation Limited (previously a listed company in Hong Kong which was privatized in 2019), and the chief accountant of GTA Semiconductor Co. Ltd. During the past three years and as at the date of this announcement, Ms. Luo has not held any directorship in any listed public company. The Board announced that Mr. Chang Feng (Mr. Chang), an Executive Director of the company, has been appointed as the Deputy Chairman of the Board and the Deputy Managing Director of the Company (performing the role of chief executive for the purposes of Appendix 14 of the Listing Rules) with effect from 21 November 2022. Mr. Liu ceased to act as the authorized representative of the company for the purposes of Rule 3.05 of the Listing Rules with effect from 21 November 2022. Mr. Chang has been appointed as the Authorised Representative to replace Mr. Liu with effect from 21 November 2022. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Charles Chow was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
First half 2022 earnings released: EPS: HK$0.10 (vs HK$0.029 in 1H 2021) First half 2022 results: EPS: HK$0.10 (up from HK$0.029 in 1H 2021). Revenue: HK$1.16b (up 39% from 1H 2021). Net income: HK$203.2m (up 243% from 1H 2021). Profit margin: 18% (up from 7.1% in 1H 2021). The increase in margin was driven by higher revenue. 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 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: HK$0.10 (vs HK$0.029 in 1H 2021) First half 2022 results: EPS: HK$0.10 (up from HK$0.029 in 1H 2021). Revenue: HK$1.16b (up 39% from 1H 2021). Net income: HK$203.2m (up 243% from 1H 2021). Profit margin: 18% (up from 7.1% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Ankündigung • Aug 19
China Electronics Huada Technology Company Limited to Report First Half, 2022 Results on Aug 30, 2022 China Electronics Huada Technology Company Limited announced that they will report first half, 2022 results on Aug 30, 2022 Upcoming Dividend • Jul 04
Upcoming dividend of HK$0.019 per share Eligible shareholders must have bought the stock before 11 July 2022. Payment date: 29 July 2022. Trailing yield: 2.2%. Lower than top quartile of Hong Kong dividend payers (7.8%). In line with average of industry peers (2.2%). Ankündigung • Jun 21
China Electronics Huada Technology Company Limited Declares Dividend for the Year Ended 31 December 2021 China Electronics Huada Technology Company Limited declared a dividend of 1.9 Hong Kong cents per share for the year ended 31 December 2021, at its annual general meeting held on 20 June 2022. Ankündigung • May 31
China Electronics Huada Technology Company Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ending 30 June 2022 China Electronics Huada Technology Company Limited provided unaudited consolidated earnings guidance for the six months ending 30 June 2022. For the six months, the Group is expecting to record a consolidated profit attributable to owners of the Company in the range of HKD 134.6 million to HKD 158.0 million for the six months ending 30 June 2022 as compared to a profit of HKD 59.3 million for the corresponding period of last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Charles Chow was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: HK$0.062 (vs HK$0.50 loss in FY 2020) Full year 2021 results: EPS: HK$0.062 (up from HK$0.50 loss in FY 2020). Revenue: HK$1.68b (up 27% from FY 2020). Net income: HK$125.4m (up HK$1.14b from FY 2020). Profit margin: 7.5% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Ankündigung • Mar 29
China Electronics Huada Technology Company Limited Proposes Final Dividend for the Year Ended December 31, 2021, Payable on 29 July 2022 China Electronics Huada Technology Company Limited proposed final dividend of HKD 0.019 per share for the year ended December 31, 2021 with ex-dividend as 11 July 2022, record date as 15 July 2022 and payment date as 29 July 2022. Reported Earnings • Oct 01
First half 2021 earnings released: EPS HK$0.029 (vs HK$0.033 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$836.8m (up 17% from 1H 2020). Net income: HK$59.3m (down 12% from 1H 2020). Profit margin: 7.1% (down from 9.4% in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Executive Departure • Sep 04
Executive Deputy Chairman Jian Yu has left the company On the 1st of September, Jian Yu's tenure as Executive Deputy Chairman ended. We don't have any record of a personal shareholding under Jian's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Aug 26
First half 2021 earnings released: EPS HK$0.029 (vs HK$0.033 in 1H 2020) The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: HK$836.8m (up 17% from 1H 2020). Net income: HK$59.3m (down 12% from 1H 2020). Profit margin: 7.1% (down from 9.4% in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Reported Earnings • May 03
Full year 2020 earnings released: HK$0.50 loss per share (vs HK$0.076 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$1.32b (down 22% from FY 2019). Net loss: HK$1.01b (down HK$1.17b from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Executive Departure • Apr 07
Chairman of the Board Haoran Dong has left the company On the 1st of April, Haoran Dong's tenure as Chairman of the Board ended after 6.1 years in the role. We don't have any record of a personal shareholding under Haoran's name. Haoran is the only executive to leave the company over the last 12 months. Reported Earnings • Mar 31
Full year 2020 earnings released: HK$0.50 loss per share (vs HK$0.076 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$1.32b (down 22% from FY 2019). Net loss: HK$1.01b (down HK$1.17b from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Ankündigung • Mar 19
China Electronics Huada Technology Company Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 China Electronics Huada Technology Company Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 21% share price gain to HK$1.11, the stock is trading at a trailing P/E ratio of 15x, up from the previous P/E ratio of 12.4x. This compares to an average P/E of 29x in the Semiconductor industry in Hong Kong. Total returns to shareholders over the past three years were flat. 