Reported Earnings • Apr 23
Full year 2025 earnings released: EPS: CN¥0.016 (vs CN¥0.01 in FY 2024) Full year 2025 results: EPS: CN¥0.016 (up from CN¥0.01 in FY 2024). Revenue: CN¥511.8m (down 23% from FY 2024). Net income: CN¥8.53m (up 35% from FY 2024). Profit margin: 1.7% (up from 1.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Annonce • Apr 23
Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 19, 2026 Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 16F, Block B4, Building 9, Area 2, Shenzhen Bay Technology and Ecology Park, Nanshan District, Shenzhen, Guangdong China Annonce • Mar 31
Shenzhen Liantronics Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen Liantronics Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 Annonce • Dec 31
Shenzhen Liantronics Co.,Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026 Shenzhen Liantronics Co.,Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026 New Risk • Dec 02
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 7.8% 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 High level of debt (50% net debt to equity). Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Oct 27
Third quarter 2025 earnings released: EPS: CN¥0.036 (vs CN¥0.003 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.036 (up from CN¥0.003 in 3Q 2024). Revenue: CN¥139.7m (down 18% from 3Q 2024). Net income: CN¥20.4m (up CN¥17.0m from 3Q 2024). Profit margin: 15% (up from 2.0% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annonce • Sep 30
Shenzhen Liantronics Co.,Ltd to Report Q3, 2025 Results on Oct 27, 2025 Shenzhen Liantronics Co.,Ltd announced that they will report Q3, 2025 results on Oct 27, 2025 New Risk • Sep 12
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.004 (vs CN¥0.017 loss in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.004 (up from CN¥0.017 loss in 2Q 2024). Revenue: CN¥136.5m (down 12% from 2Q 2024). Net income: CN¥2.30m (up CN¥10.3m from 2Q 2024). Profit margin: 1.7% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Annonce • Jul 02
Shenzhen Liantronics Co.,Ltd to Report First Half, 2025 Results on Aug 22, 2025 Shenzhen Liantronics Co.,Ltd announced that they will report first half, 2025 results on Aug 22, 2025 New Risk • Jun 18
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 9.1% 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 Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). New Risk • May 16
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). New Risk • Apr 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.7% Last year net profit margin: 2.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (69% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Reported Earnings • Apr 16
Full year 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.02 in FY 2023) Full year 2024 results: EPS: CN¥0.01 (down from CN¥0.02 in FY 2023). Revenue: CN¥665.5m (down 32% from FY 2023). Net income: CN¥6.34m (down 25% from FY 2023). Profit margin: 1.0% (up from 0.9% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annonce • Apr 16
Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 09, 2025 Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: 2F, Plant No. 4, Antongda Industrial Plant Area, Liuxian 3rd Road, Section 68, Bao'an District, Shenzhen, Guangdong 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 7.9% 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. This is currently the only risk that has been identified for the company. Annonce • Mar 31
Shenzhen Liantronics Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025 Shenzhen Liantronics Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 Annonce • Dec 31
Shenzhen Liantronics Co.,Ltd to Report Fiscal Year 2024 Results on Apr 16, 2025 Shenzhen Liantronics Co.,Ltd announced that they will report fiscal year 2024 results on Apr 16, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.03 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.003 (down from CN¥0.03 in 3Q 2023). Revenue: CN¥171.2m (down 26% from 3Q 2023). Net income: CN¥3.38m (down 79% from 3Q 2023). Profit margin: 2.0% (down from 6.9% in 3Q 2023). 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 6% per year, which means it is well ahead of earnings. Annonce • Sep 30
Shenzhen Liantronics Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024 Shenzhen Liantronics Co.,Ltd announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.017 loss per share (vs CN¥0.078 profit in 2Q 2023) Second quarter 2024 results: CN¥0.017 loss per share (down from CN¥0.078 profit in 2Q 2023). Revenue: CN¥155.0m (down 44% from 2Q 2023). Net loss: CN¥7.99m (down 117% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to CN¥3.33, the stock trades at a trailing P/E ratio of 71.6x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 5.7% over the past three years. Annonce • Jun 29
Shenzhen Liantronics Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024 Shenzhen Liantronics Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024 Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥2.71, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 12% over the past three years. Annonce • Apr 20
Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 17, 2024 Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 2F, Plant No. 4, Antongda Industrial Plant Area, Liuxian 3rd Road, Section 68, Bao'an District, Shenzhen, Guangdong China Reported Earnings • Apr 19
Full year 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.10 loss in FY 2022) Full year 2023 results: EPS: CN¥0.02 (up from CN¥0.10 loss in FY 2022). Revenue: CN¥980.6m (down 21% from FY 2022). Net income: CN¥8.46m (up CN¥66.4m from FY 2022). Profit margin: 0.9% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annonce • Mar 30
Shenzhen Liantronics Co.,Ltd to Report Q1, 2024 Results on Apr 25, 2024 Shenzhen Liantronics Co.,Ltd announced that they will report Q1, 2024 results on Apr 25, 2024 Annonce • Dec 30
Shenzhen Liantronics Co.,Ltd to Report Fiscal Year 2023 Results on Apr 19, 2024 Shenzhen Liantronics Co.,Ltd announced that they will report fiscal year 2023 results on Apr 19, 2024 New Risk • Oct 31
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 8.0% 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. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.069 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.069 in 3Q 2022). Revenue: CN¥231.2m (down 52% from 3Q 2022). Net income: CN¥16.0m (down 50% from 3Q 2022). Profit margin: 6.9% (up from 6.6% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annonce • Sep 30
Shenzhen Liantronics Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023 Shenzhen Liantronics Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.078 (vs CN¥0.04 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.078 (up from CN¥0.04 loss in 2Q 2022). Revenue: CN¥277.8m (down 6.6% from 2Q 2022). Net income: CN¥46.3m (up CN¥70.3m from 2Q 2022). Profit margin: 17% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.04 loss per share (vs CN¥0.02 loss in 1Q 2022) First quarter 2023 results: CN¥0.04 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2022). Revenue: CN¥224.8m (up 13% from 1Q 2022). Net loss: CN¥19.3m (loss widened 63% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Non-Employee Supervisor Yuhui Xu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.069 (vs CN¥0.024 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.069 (up from CN¥0.024 in 3Q 2021). Revenue: CN¥481.0m (up 76% from 3Q 2021). Net income: CN¥31.9m (up 139% from 3Q 2021). Profit margin: 6.6% (up from 4.9% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2022 earnings released: CN¥0.04 loss per share (vs CN¥0.17 profit in 2Q 2021) Second quarter 2022 results: CN¥0.04 loss per share (down from CN¥0.17 profit in 2Q 2021). Revenue: CN¥297.3m (down 1.0% from 2Q 2021). Net loss: CN¥24.0m (down 123% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥4.61, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 40x in the Electronic industry in China. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥3.46, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 30x in the Electronic industry in China. Total loss to shareholders of 27% over the past three years. Annonce • May 07
Shenzhen Liantronics Co., Ltd., Annual General Meeting, May 26, 2022 Shenzhen Liantronics Co., Ltd., Annual General Meeting, May 26, 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; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2022 remuneration plan for directors and supervisors; to consider Unrecovered losses account for one third of the paid-in capital; to consider Application for comprehensive credit line to banks; and to consider adjustment of the termination agreement of the investment agreement of a company. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.02 loss per share (vs CN¥0.06 loss in 1Q 2021) First quarter 2022 results: CN¥0.02 loss per share (up from CN¥0.06 loss in 1Q 2021). Revenue: CN¥198.9m (down 1.3% from 1Q 2021). Net loss: CN¥11.9m (loss narrowed 61% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Non-Employee Supervisor Yuhui Xu is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annonce • Apr 23
Shenzhen Liantronics Co., Ltd. to Report Fiscal Year 2021 Final Results on Apr 30, 2022 Shenzhen Liantronics Co., Ltd. announced that they will report fiscal year 2021 final results on Apr 30, 2022 Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.024 (vs CN¥0.041 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥273.9m (down 10% from 3Q 2020). Net income: CN¥13.4m (up CN¥36.2m from 3Q 2020). Profit margin: 4.9% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.099 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥300.4m (up 2.4% from 2Q 2020). Net income: CN¥103.1m (up CN¥159.0m from 2Q 2020). Profit margin: 34% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • May 02
First quarter 2021 earnings released: CN¥0.06 loss per share (vs CN¥0.13 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: CN¥201.6m (down 32% from 1Q 2020). Net loss: CN¥30.7m (loss narrowed 61% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Executive Departure • Mar 18
Non-Independent Director has left the company On the 15th of March, Jinyu Xiong's tenure in the role of Non-Independent Director ended. As of December 2020, Jinyu personally held 29.70m shares (CN¥121m worth at the time). A total of 7 executives have left over the last 12 months. Executive Departure • Mar 18
Independent Director has left the company On the 15th of March, Weizai Zhan's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Weizai's name. A total of 7 executives have left over the last 12 months. Executive Departure • Mar 18
Non-Employee Supervisor has left the company On the 15th of March, Qiuping Guo's tenure in the role of Non-Employee Supervisor ended. We don't have any record of a personal shareholding under Qiuping's name. A total of 7 executives have left over the last 12 months. Annonce • Mar 17
Shenzhen Liantronics Co., Ltd. Announces Executive Elections At the Extraordinary General Meeting Held on March 15, 2021 Shenzhen Liantronics Co., Ltd. announced election of Wang Gang, Ling Junjian and Liu Yifeng as non-independent directors; election of Xia Minghui and Liu Maolin as independent directors; and Lv Xiaoqiang and Xu Yuhui as non-employee supervisors at the Extraordinary General Meeting held on March 15, 2021. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥3.13 The company is down 48% from its price of CN¥5.99 on 06 November 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 down 4.0% over the same period. Is New 90 Day High Low • Jan 05
New 90-day low: CN¥3.95 The company is down 15% from its price of CN¥4.65 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: CN¥4.50 The company is down 17% from its price of CN¥5.45 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.56b, with losses narrowing by 49% from the prior year. Total revenue was CN¥1.46b over the last 12 months, down 59% from the prior year. Annonce • Aug 13
Shenzhen Liantronics Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Shenzhen Liantronics Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 Annonce • Aug 10
Cui Bingxue and Song Jianhui agreed to acquire Shanxi Huahan Culture Communication Co., Ltd. from Shenzhen Liantronics Co., Ltd. (SZSE:300269) for CNY 1. Cui Bingxue and Song Jianhui agreed to acquire Shanxi Huahan Culture Communication Co., Ltd. from Shenzhen Liantronics Co., Ltd. (SZSE:300269) for CNY 1 on August 7, 2020. As a result of the transaction, Cui Bingxue and Song Jianhui will own 80% and 20% stake in Huahan Culture respectively. In May 31, 2020, Huahan Culture reported a total revenues of CNY 5.1 million, negative net income of CNY 13.4 million and total assets of CNY 80.8 million. The deal was approved by the Board of Shenzhen Liantronics.