Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yuehua Liu was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Apr 28
Suzhou Maxwell Technologies Co., Ltd., Annual General Meeting, May 19, 2026 Suzhou Maxwell Technologies Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Annonce • Mar 31
Suzhou Maxwell Technologies Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Suzhou Maxwell Technologies Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Annonce • Dec 31
Suzhou Maxwell Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Suzhou Maxwell Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Annonce • Sep 30
Suzhou Maxwell Technologies Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Suzhou Maxwell Technologies Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Annonce • Sep 09
Suzhou Maxwell Technologies Co., Ltd. approves Interim Profit Distribution Plan for 2025 Suzhou Maxwell Technologies Co., Ltd. announced that at its Extraordinary General Meeting of 2025 held on 08 September 2025, approved 2025 interim profit distribution plan of cash dividend per 10 shares (tax included) of CNY 5.00000000. Annonce • Aug 23
Suzhou Maxwell Technologies Co., Ltd. Proposes Interim Profit Distribution Plan for 2025 Suzhou Maxwell Technologies Co., Ltd. announced that at its Extraordinary General Meeting of 2025 to be held on 08 September 2025, proposed 2025 interim profit distribution plan of cash dividend per 10 shares (tax included) of CNY 5.00000000. Annonce • Jul 02
Suzhou Maxwell Technologies Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Suzhou Maxwell Technologies Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Annonce • Apr 29
Suzhou Maxwell Technologies Co., Ltd., Annual General Meeting, May 19, 2025 Suzhou Maxwell Technologies Co., Ltd., Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Annonce • Mar 31
Suzhou Maxwell Technologies Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Suzhou Maxwell Technologies Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Annonce • Dec 31
Suzhou Maxwell Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Suzhou Maxwell Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥127, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 35x in the Semiconductor industry in China. Total loss to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥74.01 per share. Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥1.06 (vs CN¥1.04 in 3Q 2023) Third quarter 2024 results: EPS: CN¥1.06 (up from CN¥1.04 in 3Q 2023). Revenue: CN¥2.90b (up 30% from 3Q 2023). Net income: CN¥297.4m (up 2.9% from 3Q 2023). Profit margin: 10% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Annonce • Oct 22
Suzhou Maxwell Technologies Co., Ltd. (SZSE:300751) announces an Equity Buyback for CNY 100 million worth of its shares. Suzhou Maxwell Technologies Co., Ltd. (SZSE:300751) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 120 per share. The company intends to use its own funds to repurchase shares. The repurchased shares will be used in equity incentive plans. The share repurchase program will be valid for 3 months. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to CN¥96.30, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥74.94 per share. Buy Or Sell Opportunity • Sep 30
Now 42% overvalued Over the last 90 days, the stock has fallen 8.0% to CN¥106. The fair value is estimated to be CN¥74.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Annonce • Sep 30
Suzhou Maxwell Technologies Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Suzhou Maxwell Technologies Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 New Risk • Sep 28
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 6.9% 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 High level of non-cash earnings (49% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (9.4% net profit margin). Annonce • Sep 20
Suzhou Maxwell Technologies Co., Ltd. Implements 2024 Interim Cash Dividend of A Shares, Payable on 26 September 2024 Suzhou Maxwell Technologies Co., Ltd. implemented 2024 interim cash dividend of CNY 5.00000000 per ten A shares (tax included). Record date: 25 September 2024; Ex-date: 26 September 2024; Payment date: 26 September 2024. Annonce • Aug 30
Suzhou Maxwell Technologies Co., Ltd. Announces Profit Distribution Proposal for the First Half of 2024 Suzhou Maxwell Technologies Co., Ltd. announced on 29 August 2024 the profit distribution proposal for the first half of 2024 as follows: Cash dividend/10 shares (tax included): CNY 5.00000000. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.73 (vs CN¥0.73 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.73. Revenue: CN¥2.65b (up 55% from 2Q 2023). Net income: CN¥201.0m (down 1.3% from 2Q 2023). Profit margin: 7.6% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥87.61, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 28x in the Semiconductor industry in China. Total loss to shareholders of 70% over the past three years. Annonce • Jun 29
Suzhou Maxwell Technologies Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Suzhou Maxwell Technologies Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Declared Dividend • May 23
Dividend of CN¥1.10 announced Shareholders will receive a dividend of CN¥1.10. Ex-date: 27th May 2024 Payment date: 27th May 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 49% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 112% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Apr 27
Suzhou Maxwell Technologies Co., Ltd. Proposes Final Cash Dividend for the Year 2023 Suzhou Maxwell Technologies Co., Ltd. proposed final cash dividend/10 shares (tax included) is CNY 11.000000 for the year 2023. Annonce • Apr 26
Suzhou Maxwell Technologies Co., Ltd., Annual General Meeting, May 16, 2024 Suzhou Maxwell Technologies Co., Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: Building 3, No. 228, Ludang Road, Wujiang District, Suzhou, Jiangsu China Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.93 (vs CN¥0.79 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.93 (up from CN¥0.79 in 1Q 2023). Revenue: CN¥2.22b (up 92% from 1Q 2023). Net income: CN¥260.1m (up 18% from 1Q 2023). Profit margin: 12% (down from 19% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. 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. Annonce • Mar 30
Suzhou Maxwell Technologies Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Suzhou Maxwell Technologies Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥103, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Semiconductor industry in China. Total loss to shareholders of 3.0% over the past three years. Annonce • Dec 29
Suzhou Maxwell Technologies Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Suzhou Maxwell Technologies Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥128, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 12% over the past three years. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥1.04 (vs CN¥1.06 in 3Q 2022) Third quarter 2023 results: EPS: CN¥1.04 (down from CN¥1.06 in 3Q 2022). Revenue: CN¥2.24b (up 78% from 3Q 2022). Net income: CN¥289.1m (flat on 3Q 2022). Profit margin: 13% (down from 23% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥130, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Electrical industry in China. Total returns to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥196 per share. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.73 (vs CN¥0.78 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.73 (down from CN¥0.78 in 2Q 2022). Revenue: CN¥1.71b (up 85% from 2Q 2022). Net income: CN¥203.7m (down 5.9% from 2Q 2022). Profit margin: 12% (down from 23% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year and the company’s share price has also increased by 31% per year. Buying Opportunity • Aug 25
Now 23% undervalued Over the last 90 days, the stock is up 3.1%. The fair value is estimated to be CN¥228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 37% per annum. Earnings is also forecast to grow by 41% per annum over the same time period. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥214, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 19x in the Electrical industry in China. Total returns to shareholders of 182% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥92.65 per share. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥183, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Electrical industry in China. Total returns to shareholders of 185% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥91.36 per share. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥169, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Electrical industry in China. Total returns to shareholders of 167% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥88.45 per share. Annonce • May 19
Suzhou Maxwell Technologies Co., Ltd. Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 25 May 2023 Suzhou Maxwell Technologies Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY15.00000000. Record date: 24 May 2023 Ex-date: 25 May 2023 Payment date: 25 May 2023 Listing date of the bonus issues: 25 May 2023. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY1.50000000(10% x CNY15.00000000) Net cash dividend/10 shares after tax: CNY13.50000000(CNY15.00000000- CNY1.50000000). Annonce • May 18
Suzhou Maxwell Technologies Co., Ltd. Approves the Cash Dividend for the Year 2022 Suzhou Maxwell Technologies Co., Ltd. approved the cash dividend of CNY 15.000 (tax included) per 10 shares for the year 2022, at the AGM held on May 16, 2023. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥1.27 (vs CN¥1.04 in 1Q 2022) First quarter 2023 results: EPS: CN¥1.27 (up from CN¥1.04 in 1Q 2022). Revenue: CN¥1.16b (up 39% from 1Q 2022). Net income: CN¥220.8m (up 23% from 1Q 2022). Profit margin: 19% (down from 22% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
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. 9 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥1.69 (vs CN¥1.23 in 3Q 2021) Third quarter 2022 results: EPS: CN¥1.69 (up from CN¥1.23 in 3Q 2021). Revenue: CN¥1.26b (up 33% from 3Q 2021). Net income: CN¥290.7m (up 43% from 3Q 2021). Profit margin: 23% (up from 22% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Electrical industry in China. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: CN¥1.25 (vs CN¥0.79 in 2Q 2021) Second quarter 2022 results: EPS: CN¥1.25 (up from CN¥0.79 in 2Q 2021). Revenue: CN¥925.8m (up 53% from 2Q 2021). Net income: CN¥216.4m (up 64% from 2Q 2021). Profit margin: 23% (up from 22% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 61%, compared to a 54% growth forecast for the Electrical industry in China. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 11
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥6.26 (up from CN¥4.21 in FY 2020). Revenue: CN¥3.10b (up 35% from FY 2020). Net income: CN¥642.8m (up 63% from FY 2020). Profit margin: 21% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 49%, compared to a 63% growth forecast for the industry in China. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥1.97 (vs CN¥0.91 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥946.3m (up 40% from 3Q 2020). Net income: CN¥204.0m (up 140% from 3Q 2020). Profit margin: 22% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Jul 24
Second quarter 2021 earnings released: EPS CN¥1.27 (vs CN¥1.33 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥607.2m (up 15% from 2Q 2020). Net income: CN¥132.0m (up 6.1% from 2Q 2020). Profit margin: 22% (down from 24% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥375, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 23x in the Electrical industry in China. Total returns to shareholders of 171% over the past year. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥2.16 (vs CN¥1.25 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥631.6m (up 55% from 1Q 2020). Net income: CN¥120.1m (up 85% from 1Q 2020). Profit margin: 19% (up from 16% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 11
Full year 2020 earnings released: EPS CN¥7.58 (vs CN¥4.76 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥2.29b (up 59% from FY 2019). Net income: CN¥394.4m (up 59% from FY 2019). Profit margin: 17% (in line with FY 2019). Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥388, the stock is trading at a trailing P/E ratio of 59.7x, down from the previous P/E ratio of 71.1x. This compares to an average P/E of 32x in the Electrical industry in China. Total returns to shareholders over the past year are 111%. Is New 90 Day High Low • Feb 23
New 90-day low: CN¥457 The company is down 14% from its price of CN¥533 on 25 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥25.70 per share. Is New 90 Day High Low • Dec 09
New 90-day high: CN¥554 The company is up 74% from its price of CN¥319 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥17.29 per share. Is New 90 Day High Low • Nov 20
New 90-day high: CN¥503 The company is up 55% from its price of CN¥325 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.14 per share. Is New 90 Day High Low • Nov 02
New 90-day high: CN¥427 The company is up 19% from its price of CN¥358 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.29 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥338.4m, up 58% from the prior year. Total revenue was CN¥2.03b over the last 12 months, up 65% from the prior year. Is New 90 Day High Low • Oct 13
New 90-day high: CN¥405 The company is up 22% from its price of CN¥333 on 15 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥14.30 per share. Valuation Update With 7 Day Price Move • Oct 13
Market bids up stock over the past week After last week's 20% share price gain to CN¥405, the stock is trading at a trailing P/E ratio of 67.3x, up from the previous P/E ratio of 56.3x. This compares to an average P/E of 42x in the Electrical industry in China. Is New 90 Day High Low • Sep 18
New 90-day high: CN¥369 The company is up 36% from its price of CN¥272 on 19 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥13.96 per share. Annonce • Jul 17
Suzhou Maxwell Technologies Co., Ltd. to Report First Half, 2020 Results on Jul 28, 2020 Suzhou Maxwell Technologies Co., Ltd. announced that they will report first half, 2020 results on Jul 28, 2020 
