Reported Earnings • Apr 23
Full year 2025 earnings released: CN¥0.33 loss per share (vs CN¥0.04 loss in FY 2024) Full year 2025 results: CN¥0.33 loss per share (further deteriorated from CN¥0.04 loss in FY 2024). Revenue: CN¥1.02b (up 23% from FY 2024). Net loss: CN¥67.2m (loss widened CN¥59.7m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 205 percentage points per year, which is a significant difference in performance. Annonce • Apr 23
HONG RI DA Technology Company Limited, Annual General Meeting, May 14, 2026 HONG RI DA Technology Company Limited, Annual General Meeting, May 14, 2026, at 13:30 China Standard Time. Location: 1F, Executive Building, No. 89, Qingsong Road, Yushan Town, Kunshan, Jiangsu China New Risk • Apr 20
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Annonce • Mar 31
HONG RI DA Technology Company Limited to Report Q1, 2026 Results on Apr 28, 2026 HONG RI DA Technology Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026 Annonce • Dec 31
HONG RI DA Technology Company Limited to Report Fiscal Year 2025 Results on Apr 23, 2026 HONG RI DA Technology Company Limited announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: CN¥0.079 loss per share (vs CN¥0.058 profit in 3Q 2024) Third quarter 2025 results: CN¥0.079 loss per share (down from CN¥0.058 profit in 3Q 2024). Revenue: CN¥255.5m (flat on 3Q 2024). Net loss: CN¥11.6m (down 186% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 142 percentage points per year, which is a significant difference in performance. Annonce • Sep 30
HONG RI DA Technology Company Limited to Report Q3, 2025 Results on Oct 25, 2025 HONG RI DA Technology Company Limited announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: CN¥0.018 (vs CN¥0.064 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.018 (down from CN¥0.064 in 2Q 2024). Revenue: CN¥275.6m (up 16% from 2Q 2024). Net income: CN¥5.03m (down 57% from 2Q 2024). Profit margin: 1.8% (down from 4.9% in 2Q 2024). New Risk • Jul 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Annonce • Jul 02
HONG RI DA Technology Company Limited to Report First Half, 2025 Results on Aug 26, 2025 HONG RI DA Technology Company Limited announced that they will report first half, 2025 results on Aug 26, 2025 Annonce • Apr 25
HONG RI DA Technology Company Limited Proposes Final Cash Dividend for the Year 2024 HONG RI DA Technology Company Limited proposed Final Cash dividend/10 shares (tax included) of CNY 0.50000000 for the year 2024. Reported Earnings • Apr 24
Full year 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.15 profit in FY 2023) Full year 2024 results: CN¥0.04 loss per share (down from CN¥0.15 profit in FY 2023). Revenue: CN¥830.3m (up 15% from FY 2023). Net loss: CN¥7.57m (down 124% from profit in FY 2023). Annonce • Apr 24
HONG RI DA Technology Company Limited, Annual General Meeting, May 16, 2025 HONG RI DA Technology Company Limited, Annual General Meeting, May 16, 2025, at 13:30 China Standard Time. Location: The Company's Meeting Room, Kunshan, Jiangsu China Annonce • Mar 31
HONG RI DA Technology Company Limited to Report Q1, 2025 Results on Apr 24, 2025 HONG RI DA Technology Company Limited announced that they will report Q1, 2025 results on Apr 24, 2025 Annonce • Dec 31
HONG RI DA Technology Company Limited to Report Fiscal Year 2024 Results on Apr 24, 2025 HONG RI DA Technology Company Limited announced that they will report fiscal year 2024 results on Apr 24, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.058 (vs CN¥0.11 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.058 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥254.8m (up 23% from 3Q 2023). Net income: CN¥13.5m (down 33% from 3Q 2023). Profit margin: 5.3% (down from 9.8% in 3Q 2023). Annonce • Sep 30
HONG RI DA Technology Company Limited to Report Q3, 2024 Results on Oct 30, 2024 HONG RI DA Technology Company Limited announced that they will report Q3, 2024 results on Oct 30, 2024 Board Change • Sep 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jianwei Zhang was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: CN¥0.064 (vs CN¥0.048 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.064. Revenue: CN¥238.7m (up 31% from 2Q 2023). Net income: CN¥11.7m (down 5.0% from 2Q 2023). Profit margin: 4.9% (down from 6.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Annonce • Jun 29
HONG RI DA Technology Company Limited to Report First Half, 2024 Results on Aug 10, 2024 HONG RI DA Technology Company Limited announced that they will report first half, 2024 results on Aug 10, 2024 Annonce • Jun 01
HONG RI DA Technology Company Limited Announces Final Dividend on A Shares for the Year 2023, Payable on 6 June 2024 HONG RI DA Technology Company Limited announced final cash dividend/10 shares (tax included) of CNY 0.93007800 on A shares for the year 2023. Record date is 5 June 2024. Ex-date is 6 June 2024. Payment date is 6 June 2024. Annonce • Apr 25
HONG RI DA Technology Company Limited, Annual General Meeting, May 16, 2024 HONG RI DA Technology Company Limited, Annual General Meeting, May 16, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Kunshan, Jiangsu China New Risk • Apr 24
New major risk - Revenue and earnings growth Earnings have declined by 1.5% 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 1.5% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin). Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.29 in FY 2022) Full year 2023 results: EPS: CN¥0.15 (down from CN¥0.29 in FY 2022). Revenue: CN¥720.7m (up 21% from FY 2022). Net income: CN¥31.0m (down 37% from FY 2022). Profit margin: 4.3% (down from 8.3% in FY 2022). Annonce • Mar 30
HONG RI DA Technology Company Limited to Report Q1, 2024 Results on Apr 24, 2024 HONG RI DA Technology Company Limited announced that they will report Q1, 2024 results on Apr 24, 2024 Annonce • Dec 30
HONG RI DA Technology Company Limited to Report Fiscal Year 2023 Results on Apr 24, 2024 HONG RI DA Technology Company Limited announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 21
Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.10 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.10 in 3Q 2022). Revenue: CN¥206.5m (up 44% from 3Q 2022). Net income: CN¥20.2m (up 26% from 3Q 2022). Profit margin: 9.8% (down from 11% in 3Q 2022). New Risk • Oct 06
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 7.9% 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 (7.9% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin). Board Change • Oct 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Director Zhangqin Shi is the most experienced director on the board, commencing their role in 2020. 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 • Sep 14
HONG RI DA Technology Company Limited Approves Board Elections HONG RI DA Technology Company Limited at its EGM held on September 11, 2023 approved election of Yao Zuowen as non-independent directors, Shen Jianzhong and Zhang Jianwei as independent directors and Zhu Dawei and Yang Jumei as non-employee supervisors. Reported Earnings • Aug 19
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.048. Net income: CN¥12.3m (up CN¥12.3m from 2Q 2022). New Risk • Jul 23
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 Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.7% net profit margin). Annonce • Jul 01
HONG RI DA Technology Company Limited to Report First Half, 2023 Results on Aug 21, 2023 HONG RI DA Technology Company Limited announced that they will report first half, 2023 results on Aug 21, 2023 Annonce • Jun 14
HONG RI DA Technology Company Limited Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 21, 2023 HONG RI DA Technology Company Limited announced final cash dividend of CNY 0.25 per 10 shares on A shares for the year 2022. Record date is June 20, 2023, Ex-Date is June 21, 2023 and Payment Date is June 21, 2023. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥12.26, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 37x in the Electronic industry in China.