Valuation Update With 7 Day Price Move • 13h
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥48.05, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 77x in the Electronic industry in China. Total returns to shareholders of 183% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥40.77, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 79x in the Electronic industry in China. Total returns to shareholders of 144% over the past three years. Declared Dividend • Apr 27
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 30th April 2026 Payment date: 30th April 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 56% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥60.59, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 156% over the past three years. Reported Earnings • Mar 31
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: CN¥1.54 (up from CN¥1.37 in FY 2024). Revenue: CN¥1.76b (up 9.7% from FY 2024). Net income: CN¥209.0m (up 13% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 3.4%. Revenue is forecast to grow 30% p.a. on average during the next 2 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 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Mar 31
Zhejiang ZUCH Technology Co., Ltd, Annual General Meeting, Apr 21, 2026 Zhejiang ZUCH Technology Co., Ltd, Annual General Meeting, Apr 21, 2026, at 15:30 China Standard Time. Location: The Company's Meeting Room, Yueqing, Zhejiang China Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥59.12, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 170% over the past three years. Annonce • Dec 31
Zhejiang ZUCH Technology Co., Ltd to Report Fiscal Year 2025 Results on Mar 31, 2026 Zhejiang ZUCH Technology Co., Ltd announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 27
Third quarter 2025 earnings released: EPS: CN¥0.54 (vs CN¥0.27 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.54 (up from CN¥0.27 in 3Q 2024). Revenue: CN¥414.4m (up 21% from 3Q 2024). Net income: CN¥72.6m (up 100% from 3Q 2024). Profit margin: 18% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Annonce • Sep 30
Zhejiang ZUCH Technology Co., Ltd to Report Q3, 2025 Results on Oct 27, 2025 Zhejiang ZUCH Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 27, 2025 Major Estimate Revision • Sep 05
Consensus EPS estimates fall by 25% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥2.52 to CN¥1.90. Revenue forecast unchanged from CN¥2.14b at last update. Net income forecast to grow 37% next year vs 48% growth forecast for Electronic industry in China. Consensus price target of CN¥75.00 unchanged from last update. Share price fell 2.6% to CN¥52.19 over the past week. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥53.03, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 123% over the past year. Annonce • Jul 02
Zhejiang ZUCH Technology Co., Ltd to Report First Half, 2025 Results on Aug 28, 2025 Zhejiang ZUCH Technology Co., Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • Apr 26
First quarter 2025 earnings released: EPS: CN¥0.56 (vs CN¥0.49 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.56 (up from CN¥0.49 in 1Q 2024). Revenue: CN¥448.4m (up 25% from 1Q 2024). Net income: CN¥53.9m (up 13% from 1Q 2024). Profit margin: 12% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Declared Dividend • Apr 25
Dividend increased to CN¥1.20 Dividend of CN¥1.20 is 20% higher than last year. Ex-date: 30th April 2025 Payment date: 30th April 2025 Dividend yield will be 2.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 34% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 69% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Annonce • Apr 22
Zhejiang ZUCH Technology Co., Ltd Approves Cash Dividend Distribution Zhejiang ZUCH Technology Co. Ltd. at its Annual General Meeting of 2024 on 18 April 2025, during which the following proposal(s) was/were approved: The detailed profit distribution plan is as follows: 1) Cash dividend/10 shares (tax included): CNY 12.00000000. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥45.50, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 22% over the past year. Annonce • Mar 31
Zhejiang ZUCH Technology Co., Ltd to Report Q1, 2025 Results on Apr 26, 2025 Zhejiang ZUCH Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 28
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥1.92 (up from CN¥1.50 in FY 2023). Revenue: CN¥1.60b (up 32% from FY 2023). Net income: CN¥185.7m (up 26% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Annonce • Mar 28
Zhejiang ZUCH Technology Co., Ltd, Annual General Meeting, Apr 18, 2025 Zhejiang ZUCH Technology Co., Ltd, Annual General Meeting, Apr 18, 2025, at 15:30 China Standard Time. Location: The Company's Meeting Room, Yueqing, Zhejiang China New Risk • Mar 06
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 9.7% 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 High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.7% average weekly change). Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥74.33, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 76% over the past year. Annonce • Dec 31
Zhejiang ZUCH Technology Co., Ltd to Report Fiscal Year 2024 Results on Mar 28, 2025 Zhejiang ZUCH Technology Co., Ltd announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.33 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.37 (up from CN¥0.33 in 3Q 2023). Revenue: CN¥342.5m (up 14% from 3Q 2023). Net income: CN¥36.3m (up 11% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Annonce • Sep 30
Zhejiang ZUCH Technology Co., Ltd to Report Q3, 2024 Results on Oct 28, 2024 Zhejiang ZUCH Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥41.06, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 22% over the past year. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.53 (vs CN¥0.42 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.53 (up from CN¥0.42 in 2Q 2023). Revenue: CN¥433.6m (up 35% from 2Q 2023). Net income: CN¥50.9m (up 27% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Annonce • Jun 29
Zhejiang ZUCH Technology Co., Ltd to Report First Half, 2024 Results on Aug 28, 2024 Zhejiang ZUCH Technology Co., Ltd announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 02
Dividend of CN¥1.00 announced Shareholders will receive a dividend of CN¥1.00. Ex-date: 8th May 2024 Payment date: 8th May 2024 Dividend yield will be 2.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 31% over the next year, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥38.31, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 21% over the past year. Annonce • Apr 05
Zhejiang ZUCH Technology Co., Ltd Proposes Final Cash Dividend for the Year 2023 Zhejiang ZUCH Technology Co. Ltd. proposed final cash dividend of CNY 10.00 per 10 shares for the year 2023. Annonce • Apr 04
Zhejiang ZUCH Technology Co., Ltd, Annual General Meeting, Apr 24, 2024 Zhejiang ZUCH Technology Co., Ltd, Annual General Meeting, Apr 24, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Yueqing, Zhejiang China Reported Earnings • Apr 03
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥1.50 (in line with FY 2022). Revenue: CN¥1.22b (up 17% from FY 2022). Net income: CN¥146.9m (up 34% from FY 2022). Profit margin: 12% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 6.3%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Annonce • Mar 30
Zhejiang ZUCH Technology Co., Ltd to Report Q1, 2024 Results on Apr 29, 2024 Zhejiang ZUCH Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥40.36, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 18% over the past year. Buy Or Sell Opportunity • Feb 28
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to CN¥32.40. The fair value is estimated to be CN¥43.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 2.6%. Revenue is forecast to grow by 76% in 2 years. Earnings are forecast to grow by 93% in the next 2 years. New Risk • Feb 08
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 9.3% 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 (9.3% average weekly change). Minor Risk Dividend is not well covered by cash flows (127% cash payout ratio). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥27.45, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 16% over the past year. Buy Or Sell Opportunity • Jan 30
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to CN¥31.23. The fair value is estimated to be CN¥39.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 2.6%. Revenue is forecast to grow by 76% in 2 years. Earnings are forecast to grow by 93% in the next 2 years. Annonce • Dec 30
Zhejiang ZUCH Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 03, 2024 Zhejiang ZUCH Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 03, 2024 Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥43.13, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 20% over the past year. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.33 (vs CN¥0.29 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.33 (up from CN¥0.29 in 3Q 2022). Revenue: CN¥300.7m (up 27% from 3Q 2022). Net income: CN¥32.7m (up 51% from 3Q 2022). Profit margin: 11% (up from 9.1% in 3Q 2022). The increase in margin was driven by higher revenue. 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. Annonce • Sep 30
Zhejiang ZUCH Technology Co., Ltd to Report Q3, 2023 Results on Oct 30, 2023 Zhejiang ZUCH Technology Co., Ltd announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.42. Net income: CN¥40.1m (up CN¥40.1m from 2Q 2022). 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. Reported Earnings • May 02
First quarter 2023 earnings released First quarter 2023 results: EPS: CN¥0.53. Net income: CN¥34.7m (up CN¥34.7m from 1Q 2022). Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥60.65, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 39x in the Electronic industry in China. Board Change • Dec 26
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 
