Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to HK$7.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Electronic industry in Hong Kong. Total loss to shareholders of 8.0% over the past year. Simply Wall St's valuation model estimates the intrinsic value at HK$7.36 per share. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to HK$8.61, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Electronic industry in Hong Kong. Total returns to shareholders of 34% over the past year. Simply Wall St's valuation model estimates the intrinsic value at HK$7.64 per share. Buy Or Sell Opportunity • May 27
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.0% to HK$9.35. The fair value is estimated to be HK$7.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 97%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are forecast to decline by 4.6% per annum over the same time period. Declared Dividend • May 20
Final dividend of HK$0.40 announced Shareholders will receive a dividend of HK$0.40. Ex-date: 4th June 2026 Payment date: 25th June 2026 Dividend yield will be 6.3%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 34% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to decline by 14% over the next 3 years. However, it would need to fall by 56% to increase the payout ratio to a potentially unsustainable range. Ankündigung • Mar 16
Q Technology (Group) Company Limited, Annual General Meeting, May 22, 2026 Q Technology (Group) Company Limited, Annual General Meeting, May 22, 2026. Ankündigung • Mar 02
Q Technology (Group) Company Limited to Report Fiscal Year 2025 Results on Mar 16, 2026 Q Technology (Group) Company Limited announced that they will report fiscal year 2025 results on Mar 16, 2026 Ankündigung • Jan 14
Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2025 Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2025. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2025 (the "Year"), it is expected that the consolidated profit of the Group for the Year increased by approximately 400% to 450% as compared to the consolidated profit of the Group of approximately RMB 279,068,000 for the year ended 31 December 2024 (the "Corresponding Period"). The Board believes that the expected significant year-on-year increase in the consolidated profit is primarily due to the following factors: (i) the Group remains unwavering in advancing the Strategic Plan for the Five-Year (2021-2025) Operation and Development of Q Technology (Group) Company Limited 2021-2025 and accelerating the business development of intelligent vision products in non-handset fields. During the Year, the rapid growth of the global intelligent driving and Internet of Things (IoT) smart terminal industries has driven significant increases in both the demand volume and product specifications for camera modules. The Group maintains strong collaborative relationships with globally leading intelligent driving solution providers, handheld imaging device brands, and other leading IoT smart terminal brands, which has enabled the Group to achieve a year-on-year doubling in sales volume of camera modules applied in other fields, thereby contributing to steady year-on-year growth in the Group's revenue; (ii) the Group continues to adhere to a business strategy focused on mid-to-high-end camera modules and fingerprint recognition modules. Sales volumes of periscope camera modules, optical image stabilization camera modules, and ultrasonic fingerprint recognition modules recorded substantial year-on-year growth. The expansion in scale of high-end products has effectively enhanced the added value of the Group's products. Meanwhile, the Group vigorously promotes intelligent transformation and digital upgrading initiatives, achieving significant progress in operational efficiency, development capabilities, quality assurance, and delivery performance compared to the Corresponding Period. The steady growth in revenue, improvement in the product mix, and effective optimization of internal operations collectively contributed to a notable enhancement in the Group's gross profit margin; and (iii) during the Year, the Group completed disposal of approximately 51.08% equity interest in Kunshan Q Tech Microelectronic (India) Private Limited, a subsidiary of the Company (the "Transaction"), from which the Group recorded a gain. Meanwhile, the operating performance of an associate of the Group improved compared to the Corresponding Period, resulting in a share of profits from associates attributable to the Company, whereas a share of losses from associates was recorded in the Corresponding Period. Ankündigung • Jul 24
Q Technology (Group) Company Limited to Report Q2, 2025 Results on Aug 11, 2025 Q Technology (Group) Company Limited announced that they will report Q2, 2025 results on Aug 11, 2025 Ankündigung • Jul 11
Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2025 Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2025. For the period, the company expects that the consolidated profit of the Group for the Period increased by approximately 150% to 180% as compared to the consolidated profit of the Group of approximately RMB 115,232,000 for the six months ended 30 June 2024. The Board believes that the expected significant year-on-year increase in the consolidated profit is primarily due to the following factors: (i) during the Period, global smartphone sales remained stable. However, the specifications of camera modules used in smartphones continued to improve. The Group has continued to adhere to its strategy of focusing on mid-to-high-end camera modules and accelerating the development of camera modules for automotive and Internet of Things (IoT) applications. As a result, the sales proportion of mid-to-high-end camera modules continued to increase, with the sales volume of camera modules for automotive and IoT applications growing by approximately 47.9% year-on-year, which has led to a steady year-on-year growth in the Group's revenue during the Period. In addition, the increased proportion of high-end products has contributed to improving the Group's capacity utilization and product added value, thereby further enhancing the gross margin; (ii) during the Period, the sales volume of the Group's fingerprint recognition module products increased by approximately 59.7% compared to that in the Corresponding Period, among which, the combined proportion of optical under-glass fingerprint recognition modules and ultrasonic fingerprint recognition modules reached approximately 66.9%. The dual improvements in sales volume and product mix had led to a significant increase in the revenue of fingerprint recognition module products, with a corresponding improvement in the gross profit margin; and (iii) during the Period, the operating performance of one of the associates of the Company, Newmax Technology Co. Ltd., has improved. Ankündigung • Jun 23
Q Technology (Group) Company Limited Appoints Hui Hiu Ching as Member of the Nomination Committee, Effective July 1, 2025 The board of directors of Q Technology (Group) Company Limited announced that, for the purpose of complying with the revised Corporate Governance Code as set out in Appendix C1 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to be effective from 1 July 2025, Ms. Hui Hiu Ching ("Ms. Hui"), an independent non-executive director of the Company ("INED"), has been appointed as a member of the nomination committee of the Company (the "Nomination Committee") with effect from 20 June 2025. Ms. Hui currently serves as an INED, the chairlady of the audit committee of the Company, and a member of the remuneration committee and the risk management committee of the Company respectively. The Board believes that her extensive experience, expertise, professionalism and global perspective will make valuable contributions to the diversity of the Board. Ankündigung • May 23
Q Technology (Group) Company Limited Approves Final Dividend for the Year Ended 31 December 2024 Q Technology (Group) Company Limited approved the payment of a final dividend of 10.0 Hong Kong cents (equivalent to approximately 9.3 RMB cents) per share of the Company for
the year ended 31 December 2024, at its AGM held on 23 May 2025. Ankündigung • Mar 17
Q Technology (Group) Company Limited, Annual General Meeting, May 23, 2025 Q Technology (Group) Company Limited, Annual General Meeting, May 23, 2025. Ankündigung • Feb 28
Q Technology (Group) Company Limited to Report Fiscal Year 2024 Results on Mar 17, 2025 Q Technology (Group) Company Limited announced that they will report fiscal year 2024 results on Mar 17, 2025 Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to HK$5.05, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Electronic industry in Hong Kong. Total loss to shareholders of 55% over the past three years. 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$5.23, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 9x in the Electronic industry in Hong Kong. Total loss to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$4.77, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Electronic industry in Hong Kong. Total loss to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$8.59 per share. Reported Earnings • Aug 14
First half 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.018 in 1H 2023) First half 2024 results: EPS: CN¥0.097 (up from CN¥0.018 in 1H 2023). Revenue: CN¥7.68b (up 40% from 1H 2023). Net income: CN¥115.2m (up 454% from 1H 2023). Profit margin: 1.5% (up from 0.4% in 1H 2023). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Ankündigung • Jul 26
Q Technology (Group) Company Limited to Report First Half, 2024 Results on Aug 12, 2024 Q Technology (Group) Company Limited announced that they will report first half, 2024 results on Aug 12, 2024 Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to HK$4.99, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Electronic industry in Hong Kong. Total loss to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$7.97 per share. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$4.20, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Electronic industry in Hong Kong. Total loss to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$6.95 per share. Ankündigung • Mar 26
Q Technology (Group) Company Limited, Annual General Meeting, May 24, 2024 Q Technology (Group) Company Limited, Annual General Meeting, May 24, 2024. Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: CN¥0.069 (vs CN¥0.14 in FY 2022) Full year 2023 results: EPS: CN¥0.069 (down from CN¥0.14 in FY 2022). Revenue: CN¥12.5b (down 8.9% from FY 2022). Net income: CN¥81.9m (down 52% from FY 2022). Profit margin: 0.7% (down from 1.2% in FY 2022). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance. Ankündigung • Mar 02
Q Technology (Group) Company Limited to Report Fiscal Year 2023 Results on Mar 25, 2024 Q Technology (Group) Company Limited announced that they will report fiscal year 2023 results on Mar 25, 2024 Ankündigung • Jan 24
Q Technology (Group) Company Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2023 Q Technology (Group) Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. The board of directors of the Company to inform the shareholders of the Company (the "Shareholders") and potential investors that, based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2023 (the "Year"), it is expected that the consolidated profit of the Group attributable to the Shareholders for the Year decreased by approximately 35% to 45% as compared to the consolidated profit of the Group attributable to the Shareholders for the year ended 31 December 2022 (the "Corresponding Year"). Ankündigung • Jan 20
Q Technology (Group) Company Limited (SEHK:1478) acquired 5% stake in Careium AB (Publ) (OM:CARE) from Accendo Capital for for SEK 32.2 million. Q Technology (Group) Company Limited (SEHK:1478) acquired 5% stake in Careium AB (Publ) (OM:CARE) from Accendo Capital for SEK 32.2 million on January 15, 2023. Q Technology acquired 5% stake for SEK 26.5 per share.
Q Technology (Group) Company Limited (SEHK:1478) completed the acquisition of 5% stake in Careium AB (Publ) (OM:CARE) from Accendo Capital on January 15, 2023. Board Change • Jan 02
Insufficient new directors 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. 3 highly experienced directors. Executive Director, Authorized Representative & Chief Legal Director Fuqiang Fan was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
