Reported Earnings • Apr 25
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: CN¥1.39 (up from CN¥0.74 in FY 2024). Revenue: CN¥28.4b (up 39% from FY 2024). Net income: CN¥3.33b (up 92% from FY 2024). Profit margin: 12% (up from 8.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.2%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Apr 25
Shengyi Technology Co.,Ltd., Annual General Meeting, May 19, 2026 Shengyi Technology Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: 2F, R and D Building, No. 5, Gongye West Road, Songshan Lake Park, Dongguan, Guangdong China Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥61.21, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 249% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.39 per share. Buy Or Sell Opportunity • Apr 10
Now 24% overvalued Over the last 90 days, the stock has fallen 13% to CN¥61.21. The fair value is estimated to be CN¥49.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. Revenue is forecast to grow by 67% in 2 years. Earnings are forecast to grow by 101% in the next 2 years. Annonce • Mar 30
Shengyi Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shengyi Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Price Target Changed • Mar 20
Price target increased by 7.8% to CN¥79.86 Up from CN¥74.06, the current price target is an average from 10 analysts. New target price is 33% above last closing price of CN¥60.22. Stock is up 109% over the past year. The company is forecast to post earnings per share of CN¥2.21 for next year compared to CN¥1.39 last year. Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: CN¥1.39 (vs CN¥0.74 in FY 2024) Full year 2025 results: EPS: CN¥1.39 (up from CN¥0.74 in FY 2024). Revenue: CN¥28.4b (up 39% from FY 2024). Net income: CN¥3.33b (up 92% from FY 2024). Profit margin: 12% (up from 8.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jan 21
Price target increased by 9.0% to CN¥73.26 Up from CN¥67.23, the current price target is an average from 9 analysts. New target price is 5.8% above last closing price of CN¥69.23. Stock is up 125% over the past year. The company is forecast to post earnings per share of CN¥1.45 for next year compared to CN¥0.74 last year. Annonce • Dec 26
Shengyi Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Shengyi Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥70.68, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 428% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.51 per share. Major Estimate Revision • Nov 04
Consensus EPS estimates increase by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥26.1b to CN¥28.6b. EPS estimate increased from CN¥1.29 to CN¥1.43 per share. Net income forecast to grow 47% next year vs 49% growth forecast for Electronic industry in China. Consensus price target up from CN¥47.68 to CN¥56.48. Share price fell 6.4% to CN¥63.08 over the past week. Reported Earnings • Oct 29
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: CN¥0.42 (up from CN¥0.18 in 3Q 2024). Revenue: CN¥7.93b (up 55% from 3Q 2024). Net income: CN¥1.02b (up 131% from 3Q 2024). Profit margin: 13% (up from 8.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥64.35, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 404% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥38.15 per share. New Risk • Oct 26
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 133% Dividend yield: 1.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 133% Price Target Changed • Oct 25
Price target increased by 9.4% to CN¥47.68 Up from CN¥43.60, the current price target is an average from 9 analysts. New target price is 18% below last closing price of CN¥58.50. Stock is up 193% over the past year. The company is forecast to post earnings per share of CN¥1.28 for next year compared to CN¥0.74 last year. Annonce • Sep 30
Shengyi Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shengyi Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥53.76, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 304% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.46 per share. New Risk • Sep 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 8.8% 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 (8.8% average weekly change). Minor Risk Dividend is not well covered by cash flows (133% cash payout ratio). Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥52.50, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 256% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥34.95 per share. Price Target Changed • Aug 18
Price target increased by 11% to CN¥41.43 Up from CN¥37.27, the current price target is an average from 9 analysts. New target price is 7.3% below last closing price of CN¥44.69. Stock is up 143% over the past year. The company is forecast to post earnings per share of CN¥1.32 for next year compared to CN¥0.74 last year. Reported Earnings • Aug 17
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: CN¥0.35 (up from CN¥0.23 in 2Q 2024). Revenue: CN¥7.07b (up 36% from 2Q 2024). Net income: CN¥862.8m (up 60% from 2Q 2024). Profit margin: 12% (up from 10% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Aug 13
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 53% to CN¥42.62. The fair value is estimated to be CN¥34.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 43% in 2 years. Earnings are forecast to grow by 101% in the next 2 years. Buy Or Sell Opportunity • Jul 24
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 64% to CN¥38.85. The fair value is estimated to be CN¥32.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 12%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 96% in the next 2 years. Major Estimate Revision • Jul 22
Consensus EPS estimates increase by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥24.3b to CN¥25.5b. EPS estimate increased from CN¥1.07 to CN¥1.19 per share. Net income forecast to grow 60% next year vs 45% growth forecast for Electronic industry in China. Consensus price target up from CN¥31.28 to CN¥35.80. Share price rose 7.7% to CN¥38.46 over the past week. New Risk • Jul 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (223% cash payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥38.41, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 165% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.89 per share. Price Target Changed • Jul 18
Price target increased by 8.1% to CN¥33.80 Up from CN¥31.28, the current price target is an average from 8 analysts. New target price is 7.4% below last closing price of CN¥36.50. Stock is up 64% over the past year. The company is forecast to post earnings per share of CN¥1.15 for next year compared to CN¥0.74 last year. New Risk • Jul 04
New major risk - Revenue and earnings growth Earnings have declined by 6.0% 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 Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (223% cash payout ratio). Annonce • Jun 30
Shengyi Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 16, 2025 Shengyi Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 16, 2025 Declared Dividend • May 19
Dividend increased to CN¥0.60 Dividend of CN¥0.60 is 33% higher than last year. Ex-date: 23rd May 2025 Payment date: 23rd May 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (74% earnings payout ratio) but not covered by cash flows (223% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 84% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 29
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.17 in 1Q 2024). Revenue: CN¥5.61b (up 27% from 1Q 2024). Net income: CN¥563.6m (up 44% from 1Q 2024). Profit margin: 10.0% (up from 8.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥21.72, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 49% over the past three years. Price Target Changed • Mar 31
Price target increased by 8.1% to CN¥29.71 Up from CN¥27.49, the current price target is an average from 8 analysts. New target price is 9.2% above last closing price of CN¥27.21. Stock is up 54% over the past year. The company is forecast to post earnings per share of CN¥1.05 for next year compared to CN¥0.74 last year. Reported Earnings • Mar 30
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥0.74 (up from CN¥0.50 in FY 2023). Revenue: CN¥20.4b (up 23% from FY 2023). Net income: CN¥1.74b (up 49% from FY 2023). Profit margin: 8.5% (up from 7.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Annonce • Mar 29
Shengyi Technology Co.,Ltd., Annual General Meeting, Apr 18, 2025 Shengyi Technology Co.,Ltd., Annual General Meeting, Apr 18, 2025, at 14:00 China Standard Time. Location: 2F, R and D Building, No. 5, Gongye West Road, Songshan Lake Park, Dongguan, Guangdong China Annonce • Mar 28
Shengyi Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shengyi Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Feb 28
Full year 2024 earnings released: EPS: CN¥0.74 (vs CN¥0.50 in FY 2023) Full year 2024 results: EPS: CN¥0.74 (up from CN¥0.50 in FY 2023). Revenue: CN¥20.4b (up 23% from FY 2023). Net income: CN¥1.74b (up 50% from FY 2023). Profit margin: 8.6% (up from 7.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. New Risk • Feb 26
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 8.2% 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: Minor Risks Dividend is not well covered by cash flows (154% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change). Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥33.71, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.74 per share. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥29.06, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.56 per share. Annonce • Dec 27
Shengyi Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Shengyi Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.14 in 3Q 2023). Revenue: CN¥5.12b (up 14% from 3Q 2023). Net income: CN¥439.8m (up 28% from 3Q 2023). Profit margin: 8.6% (up from 7.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Annonce • Sep 30
Shengyi Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Shengyi Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥20.84, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 5.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.46 per share. Reported Earnings • Aug 28
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: CN¥0.23 (up from CN¥0.13 in 2Q 2023). Revenue: CN¥5.21b (up 26% from 2Q 2023). Net income: CN¥540.4m (up 76% from 2Q 2023). Profit margin: 10% (up from 7.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 8.9%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. New Risk • Aug 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (107% cash payout ratio). Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Annonce • Jun 28
Shengyi Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shengyi Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 22
Dividend of CN¥0.45 announced Shareholders will receive a dividend of CN¥0.45. Ex-date: 24th May 2024 Payment date: 24th May 2024 Dividend yield will be 2.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥19.45, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 12% over the past three years. Annonce • Apr 17
Shengyi Technology Co.,Ltd., Annual General Meeting, May 08, 2024 Shengyi Technology Co.,Ltd., Annual General Meeting, May 08, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China Reported Earnings • Mar 30
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.50 (down from CN¥0.66 in FY 2022). Revenue: CN¥16.6b (down 7.9% from FY 2022). Net income: CN¥1.16b (down 24% from FY 2022). Profit margin: 7.0% (down from 8.5% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Annonce • Mar 29
Shengyi Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Shengyi Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Annonce • Mar 01
Shengyi Technology Co.,Ltd. (SHSE:600183) agreed to acquire the remaining stake in Shengyi Technology (Suzhou) Co., Ltd. from Beijing Weihua Electronics Co., Ltd. for CNY 440 million Shengyi Technology Co.,Ltd. (SHSE:600183) agreed to acquire the remaining stake in Shengyi Technology (Suzhou) Co., Ltd. from Beijing Weihua Electronics Co., Ltd. for CNY 440 million on February 26, 2024. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.66 in FY 2022) Full year 2023 results: EPS: CN¥0.50 (down from CN¥0.66 in FY 2022). Revenue: CN¥16.6b (down 7.9% from FY 2022). Net income: CN¥1.16b (down 24% from FY 2022). Profit margin: 7.0% (down from 8.5% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Annonce • Dec 29
Shengyi Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024 Shengyi Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 29, 2024 Major Estimate Revision • Nov 04
Consensus EPS estimates fall by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥18.2b to CN¥17.1b. EPS estimate also fell from CN¥0.736 per share to CN¥0.576 per share. Net income forecast to grow 55% next year vs 75% growth forecast for Electronic industry in China. Consensus price target up from CN¥19.62 to CN¥20.24. Share price was steady at CN¥17.47 over the past week. Reported Earnings • Oct 27
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.12 in 3Q 2022). Revenue: CN¥4.47b (up 3.8% from 3Q 2022). Net income: CN¥344.0m (up 32% from 3Q 2022). Profit margin: 7.7% (up from 6.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year. Annonce • Sep 30
Shengyi Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Shengyi Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Major Estimate Revision • Aug 22
Consensus revenue estimates fall by 13% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥17.5b to CN¥15.2b. EPS estimate fell from CN¥0.666 to CN¥0.535 per share. Net income forecast to grow 54% next year vs 60% growth forecast for Electronic industry in China. Consensus price target down from CN¥20.27 to CN¥19.60. Share price fell 5.1% to CN¥14.28 over the past week. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.19 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.19 in 2Q 2022). Revenue: CN¥4.12b (down 11% from 2Q 2022). Net income: CN¥307.1m (down 32% from 2Q 2022). Profit margin: 7.4% (down from 9.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Price Target Changed • Aug 10
Price target increased by 8.1% to CN¥21.62 Up from CN¥20.00, the current price target is an average from 9 analysts. New target price is 37% above last closing price of CN¥15.77. Stock is down 6.3% over the past year. The company is forecast to post earnings per share of CN¥0.88 for next year compared to CN¥0.66 last year. Annonce • Jun 28
Shengyi Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Shengyi Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Major Estimate Revision • May 19
Consensus revenue estimates fall by 10% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥20.9b to CN¥18.8b. EPS estimate fell from CN¥0.939 to CN¥0.924 per share. Net income forecast to grow 75% next year vs 54% growth forecast for Electronic industry in China. Consensus price target down from CN¥20.00 to CN¥19.45. Share price rose 2.0% to CN¥15.10 over the past week. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥16.28, 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 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.57 per share. Reported Earnings • Mar 29
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.66 (down from CN¥1.23 in FY 2021). Revenue: CN¥18.0b (down 11% from FY 2021). Net income: CN¥1.53b (down 46% from FY 2021). Profit margin: 8.5% (down from 14% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 6.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Price Target Changed • Mar 02
Price target increased by 7.1% to CN¥18.31 Up from CN¥17.09, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of CN¥18.51. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of CN¥0.94 for next year compared to CN¥0.38 last year. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: CN¥0.38 (vs CN¥1.23 in FY 2021) Full year 2022 results: EPS: CN¥0.38 (down from CN¥1.23 in FY 2021). Revenue: CN¥353.5k (down 100% from FY 2021). Net income: CN¥31.3k (down 100% from FY 2021). Profit margin: 8.9% (down from 14% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 79% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to CN¥17.17 Down from CN¥18.58, the current price target is an average from 11 analysts. New target price is 12% above last closing price of CN¥15.29. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥1.23 last year. Board Change • Nov 16
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. 12 experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Director Liqun Xu was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • Nov 09
Price target decreased to CN¥17.17 Down from CN¥18.58, the current price target is an average from 11 analysts. New target price is 21% above last closing price of CN¥14.22. Stock is down 40% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥1.23 last year. Price Target Changed • Nov 08
Price target decreased to CN¥17.61 Down from CN¥18.99, the current price target is an average from 11 analysts. New target price is 24% above last closing price of CN¥14.19. Stock is down 39% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥1.23 last year. Major Estimate Revision • Nov 03
Consensus EPS estimates fall by 35% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥19.9b to CN¥18.1b. EPS estimate also fell from CN¥0.93 per share to CN¥0.61 per share. Net income forecast to grow 35% next year vs 55% growth forecast for Electronic industry in China. Consensus price target down from CN¥18.99 to CN¥18.58. Share price was steady at CN¥14.19 over the past week. Reported Earnings • Oct 28
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.40 in 3Q 2021). Revenue: CN¥4.30b (down 22% from 3Q 2021). Net income: CN¥261.4m (down 72% from 3Q 2021). Profit margin: 6.1% (down from 17% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 56%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Buying Opportunity • Aug 24
Now 22% undervalued Over the last 90 days, the stock is up 2.5%. The fair value is estimated to be CN¥20.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 28% in the next 2 years. Major Estimate Revision • Aug 19
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥21.3b to CN¥20.4b. EPS estimate also fell from CN¥1.08 per share to CN¥0.93 per share. Net income forecast to grow 5.2% next year vs 44% growth forecast for Electronic industry in China. Consensus price target down from CN¥21.53 to CN¥20.87. Share price was steady at CN¥17.00 over the past week. Reported Earnings • Aug 14
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.38 in 2Q 2021). Revenue: CN¥4.61b (down 14% from 2Q 2021). Net income: CN¥452.8m (down 48% from 2Q 2021). Profit margin: 9.8% (down from 16% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the next year, revenue is forecast to grow 14%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Price Target Changed • May 27
Price target decreased to CN¥22.88 Down from CN¥25.19, the current price target is an average from 15 analysts. New target price is 45% above last closing price of CN¥15.76. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥1.11 for next year compared to CN¥1.23 last year. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.21 (down from CN¥0.24 in 1Q 2021). Revenue: CN¥4.77b (up 5.8% from 1Q 2021). Net income: CN¥482.4m (down 11% from 1Q 2021). Profit margin: 10% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 9.9%. Over the next year, revenue is forecast to grow 9.8%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 31
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: CN¥1.23 (up from CN¥0.74 in FY 2020). Revenue: CN¥20.3b (up 38% from FY 2020). Net income: CN¥2.83b (up 69% from FY 2020). Profit margin: 14% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 11%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 02
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: CN¥1.23 (up from CN¥0.74 in FY 2020). Revenue: CN¥20.3b (up 38% from FY 2020). Net income: CN¥2.83b (up 69% from FY 2020). Profit margin: 14% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 13%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Feb 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be CN¥24.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% per annum over the last 3 years. Earnings per share has grown by 29% per annum over the last 3 years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.21 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥5.55b (up 46% from 3Q 2020). Net income: CN¥924.8m (up 94% from 3Q 2020). Profit margin: 17% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥27.39, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 192% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.37 per share. Reported Earnings • May 04
First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.15 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥4.51b (up 47% from 1Q 2020). Net income: CN¥544.3m (up 60% from 1Q 2020). Profit margin: 12% (up from 11% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.74 (vs CN¥0.66 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¥14.7b (up 11% from FY 2019). Net income: CN¥1.68b (up 16% from FY 2019). Profit margin: 11% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Mar 05
Shengyi Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021 Shengyi Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021 Is New 90 Day High Low • Feb 01
New 90-day low: CN¥23.34 The company is down 6.0% from its price of CN¥24.72 on 03 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 Electronic industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥7.89 per share.