New Risk • Jul 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.3% 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 Earnings have declined by 55% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Annonce • Jun 30
Beijing StarNeto Technology Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Beijing StarNeto Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Annonce • Apr 24
Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 19, 2026 Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 6F, Building No. 1, Yard No. 6, Kegu 2nd Street, Economic and Technological Development Zone, Beijing China Annonce • Mar 31
Beijing StarNeto Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Beijing StarNeto Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Mar 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Feb 05
Third quarter 2025 earnings released: EPS: CN¥0.22 (vs CN¥0.04 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.22 (up from CN¥0.04 loss in 3Q 2024). Revenue: CN¥118.3m (up 28% from 3Q 2024). Net income: CN¥54.3m (up CN¥61.9m from 3Q 2024). Profit margin: 46% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. New Risk • Jan 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% 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 Earnings have declined by 47% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Annonce • Dec 31
Beijing StarNeto Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Beijing StarNeto Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 New Risk • Nov 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 7.4% 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 Earnings have declined by 47% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Reported Earnings • Oct 22
Third quarter 2025 earnings released: EPS: CN¥0.22 (vs CN¥0.04 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.22 (up from CN¥0.04 loss in 3Q 2024). Revenue: CN¥118.3m (up 28% from 3Q 2024). Net income: CN¥54.3m (up CN¥61.9m from 3Q 2024). Profit margin: 46% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Annonce • Sep 30
Beijing StarNeto Technology Co., Ltd. to Report Q3, 2025 Results on Oct 20, 2025 Beijing StarNeto Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 20, 2025 New Risk • Jul 24
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: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Annonce • Jul 02
Beijing StarNeto Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Beijing StarNeto Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jun 03
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 8.3% 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 Earnings have declined by 13% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). New Risk • May 05
New major risk - Revenue and earnings growth Earnings have declined by 13% 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. This is currently the only risk that has been identified for the company. Annonce • Apr 28
Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 19, 2025 Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: 6F, Building No. 1, Yard No. 6, Kegu 2nd Street, Economic and Technological Development Zone, Beijing China New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Annonce • Mar 31
Beijing StarNeto Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Beijing StarNeto Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). New Risk • Jan 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.5% 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. This is currently the only risk that has been identified for the company. Annonce • Dec 31
Beijing StarNeto Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Beijing StarNeto Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.43 profit in 3Q 2023) Third quarter 2024 results: CN¥0.04 loss per share (down from CN¥0.43 profit in 3Q 2023). Revenue: CN¥92.5m (down 79% from 3Q 2023). Net loss: CN¥7.58m (down 110% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Annonce • Sep 30
Beijing StarNeto Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Beijing StarNeto Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.02 loss per share (vs CN¥0.085 profit in 2Q 2023) Second quarter 2024 results: CN¥0.02 loss per share (down from CN¥0.085 profit in 2Q 2023). Revenue: CN¥94.1m (down 26% from 2Q 2023). Net loss: CN¥3.96m (down 123% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 15% per year. Annonce • Jun 29
Beijing StarNeto Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Beijing StarNeto Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yu Liu was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • May 26
Beijing Starneto Technology Co., Ltd. Approves Appointments to the Board Beijing StarNeto Technology Co., Ltd. at its Annual General Meeting of 2023 on 23 May 2024, elected Liu Jun as non-independent director, Jia Qingxuan as independent director. Liu Yushuang as independent director, Xiao Xiongbing as independent director. New Risk • Apr 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (219% cash payout ratio). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin). Annonce • Apr 28
Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 23, 2024 Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 23, 2024, at 14:30 China Standard Time. Location: 6F, Building 1, Intersection of Kechuang 14th Street and Cuijiayao Middle Road, E-town Development Zone, Yard No. 6, Kegu 2nd Street, Economic and Technological Development Zone, Beijing China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 internal control self-evaluation report; to consider 2023 annual report and its summary; to consider 2023 annual accounts and 2024 financial budget report; to consider 2023 profit distribution plan; to consider 2024 remuneration plan for directors, supervisors and senior management; to consider Special report on fund occupation for non-operational purposes and capital transfer with other related parties; to consider Reappointment of 2024 audit firm; and to consider other matters. Reported Earnings • Apr 27
Full year 2023 earnings released: EPS: CN¥0.27 (vs CN¥1.16 in FY 2022) Full year 2023 results: EPS: CN¥0.27 (down from CN¥1.16 in FY 2022). Revenue: CN¥770.9m (down 28% from FY 2022). Net income: CN¥54.0m (down 75% from FY 2022). Profit margin: 7.0% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥20.72, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 25% over the past three years. Annonce • Mar 30
Beijing StarNeto Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Beijing StarNeto Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥23.44, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to CN¥17.05, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years. Annonce • Dec 29
Beijing StarNeto Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Beijing StarNeto Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.93 (vs CN¥0.40 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.93 (up from CN¥0.40 in 3Q 2022). Revenue: CN¥442.4m (up 27% from 3Q 2022). Net income: CN¥74.9m (up 3.8% from 3Q 2022). Profit margin: 17% (down from 21% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% 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 33% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Annonce • Sep 30
Beijing StarNeto Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Beijing StarNeto Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 18
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.24 in 2Q 2022). Revenue: CN¥126.8m (down 36% from 2Q 2022). Net income: CN¥17.5m (down 59% from 2Q 2022). Profit margin: 14% (down from 22% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 64%. Earnings per share (EPS) also missed analyst estimates by 72%. Revenue is forecast to grow 27% 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 38% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annonce • Jul 01
Beijing StarNeto Technology Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Beijing StarNeto Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Annonce • Jun 29
Beijing StarNeto Technology Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on July 4, 2023 Beijing StarNeto Technology Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 3.60000000 on A shares for the year 2022. Record date is July 3, 2023. Ex-date is July 4, 2023. Payment date is July 4, 2023. Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: CN¥1.39 (vs CN¥1.04 in FY 2021) Full year 2022 results: EPS: CN¥1.39 (up from CN¥1.04 in FY 2021). Revenue: CN¥1.07b (up 40% from FY 2021). Net income: CN¥215.6m (up 34% from FY 2021). Profit margin: 20% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jingwei Liu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.48 (vs CN¥0.33 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.48 (up from CN¥0.33 in 3Q 2021). Revenue: CN¥349.4m (up 81% from 3Q 2021). Net income: CN¥72.2m (up 41% from 3Q 2021). Profit margin: 21% (down from 27% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥36.02, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 79% over the past three years. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.091 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.29 (up from CN¥0.091 in 2Q 2021). Revenue: CN¥196.9m (up 103% from 2Q 2021). Net income: CN¥42.4m (up 193% from 2Q 2021). Profit margin: 22% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Board Change • Jul 20
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 Director Jingwei Liu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥34.54, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 68% over the past three years. Annonce • Jun 07
Beijing StarNeto Technology Co., Ltd. Announces Cash Dividend A Shares (Tax Included) for 2021, Payable on 10 June 2022 Beijing StarNeto Technology Co., Ltd. announced Cash dividend of CNY 1.50000000 per 10 A shares (tax included) for 2021, payable on 10 June 2022. Ex-date is 10 June 2022 and Record date is 09 June 2022. Annonce • May 13
Beijing Starneto Technology Co.,Ltd. Approves Cash Dividend BeiJing StarNeto Technology Co.,Ltd. held its Annual General Meeting of 2021 on 10 May 2022 approved Cash dividend of CNY 1.50000000 per 10 shares (tax included) for 2021. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥28.42, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 31x in the Electronic industry in China. Total returns to shareholders of 22% over the past three years. Annonce • Apr 02
BeiJing StarNeto Technology Co.,Ltd., Annual General Meeting, May 10, 2022 BeiJing StarNeto Technology Co.,Ltd., Annual General Meeting, May 10, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 annual report and its summary; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; 2021 annual accounts; to consider 2022 financial budget report; to consider 2021 profit distribution plan; to consider reappointment of 2022 audit firm; and to consider other matters. Annonce • Mar 31
BeiJing StarNeto Technology Co.,Ltd. Proposes Final Cash Dividend for the Year 2021 BeiJing StarNeto Technology Co.,Ltd. proposed final cash dividend of CNY 1.50 per 10 shares (tax included) for the year 2021. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: CN¥1.04 (vs CN¥0.90 in FY 2020) Full year 2021 results: EPS: CN¥1.04 (up from CN¥0.90 in FY 2020). Revenue: CN¥768.1m (up 15% from FY 2020). Net income: CN¥161.1m (up 14% from FY 2020). Profit margin: 21% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.32 in 3Q 2020) The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥193.3m (up 33% from 3Q 2020). Net income: CN¥51.3m (flat on 3Q 2020). Profit margin: 27% (down from 35% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.091 (vs CN¥0.13 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥97.0m (down 11% from 2Q 2020). Net income: CN¥14.5m (down 29% from 2Q 2020). Profit margin: 15% (down from 19% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Annonce • May 22
Beijing Starneto Technology Co.,Ltd. Announces 2020 Final Profit Distribution of A Shares, Payable on 27 May 2021 BeiJing StarNeto Technology Co.,Ltd. announced 2020 final profit distribution of A shares. The company announced Cash dividend per 10 shares (tax included) is CNY 1.00000000.
Record date is 26 May 2021. Ex-date is 27 May 2021. Payment date is 27 May 2021. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.07 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥112.0m (up 14% from 1Q 2020). Net income: CN¥17.9m (up 75% from 1Q 2020). Profit margin: 16% (up from 10% 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 41% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS CN¥0.70 (vs CN¥0.076 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥685.4m (up 96% from FY 2019). Net income: CN¥110.4m (up CN¥99.0m from FY 2019). Profit margin: 16% (up from 3.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year. Annonce • Mar 10
BeiJing StarNeto Technology Co.,Ltd. to Report Fiscal Year 2020 Results on Apr 23, 2021 BeiJing StarNeto Technology Co.,Ltd. announced that they will report fiscal year 2020 results on Apr 23, 2021 Is New 90 Day High Low • Mar 09
New 90-day low: CN¥33.23 The company is down 12% from its price of CN¥37.78 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 5.0% over the same period. Annonce • Feb 03
Beijing Starneto Technology Co.,Ltd. Appoints Liu Jingwei as Independent Director Beijing StarNeto Technology Co.,Ltd. at its Extraordinary General Meeting held on February 1, 2021 approved the appointment of Liu Jingwei as independent director. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥38.18, the stock is trading at a trailing P/E ratio of 59x, down from the previous P/E ratio of 73.4x. This compares to an average P/E of 39x in the Electronic industry in China. Total returns to shareholders over the past three years are 63%. Is New 90 Day High Low • Jan 22
New 90-day high: CN¥47.50 The company is up 15% from its price of CN¥41.32 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥40.98, the stock is trading at a trailing P/E ratio of 63.3x, up from the previous P/E ratio of 53x. This compares to an average P/E of 41x in the Electronic industry in China. Total returns to shareholders over the past three years are 52%. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥37.52 The company is down 2.0% from its price of CN¥38.14 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day low: CN¥37.58 The company is down 22% from its price of CN¥48.25 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period. Reported Earnings • Oct 10
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥87.7m, with earnings increasing by CN¥83.8m from the prior year. Total revenue was CN¥501.2m over the last 12 months, up 53% from the prior year. Annonce • Aug 12
Beijing StarNeto Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Beijing StarNeto Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 Annonce • Aug 06
Lin Hua completed the acquisition of 57.6% stake in Beijing Caton Global Technology Co.,Ltd. from Beijing StarNeto Technology Co.,Ltd. (SZSE:002829). Lin Hua entered into an agreement to acquire 57.6% stake in Beijing Caton Global Technology Co.,Ltd. from Beijing StarNeto Technology Co.,Ltd. (SZSE:002829) for CNY 36 million on July 17, 2020. Under the terms of the transaction, Lin Hua will acquire the shares at CNY 3.05 per share. Lin Hua has paid CNY 26.5 million at the signing date of the agreement and within 30 days after the industrial and commercial change procedures are completed, Lin Hua shall pay the remaining balance of CNY 9.5 million. For the period ended December 31, 2019, Beijing Caton Global had total assets of CNY 10.72 million, net assets of CNY 87.42 million, revenue of CNY 49.19 million and operating profit of CNY 1.2 million. The transaction has been approved at the 39th session of the Beijing StarNeto Technology's 3rd Directorate.
Lin Hua completed the acquisition of 57.6% stake in Beijing Caton Global Technology Co.,Ltd. from Beijing StarNeto Technology Co.,Ltd. (SZSE:002829) on August 4, 2020. After the completion of the transfer, Beijing StarNeto Technology Co.,Ltd. holds 30% in Beijing Caton Global Technology Co.,Ltd. The Beijing Xicheng District Market Supervision and Administration Bureau has approved the acquisition. Annonce • Jul 21
Lin Hua entered into an agreement to acquire 57.6% stake in Beijing Caton Global Technology Co.,Ltd. from Beijing StarNeto Technology Co.,Ltd. (SZSE:002829) for CNY 36 million. Lin Hua entered into an agreement to acquire 57.6% stake in Beijing Caton Global Technology Co.,Ltd. from Beijing StarNeto Technology Co.,Ltd. (SZSE:002829) for CNY 36 million on July 17, 2020. Under the terms of the transaction, Lin Hua will acquire the shares at CNY 3.05 per share. Lin Hua has paid CNY 26.5 million at the signing date of the agreement and within 30 days after the industrial and commercial change procedures are completed, Lin Hua shall pay the remaining balance of CNY 9.5 million. The transaction has been approved at the 39th session of the Beijing StarNeto Technology's 3rd Directorate.