Board Change • May 20
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. 6 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Min Xiao was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥162, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 38x in the Electronic industry in China. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥114 per share. Annonce • Mar 30
Xiamen Faratronic Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Xiamen Faratronic Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Annonce • Mar 28
Xiamen Faratronic Co., Ltd., Annual General Meeting, Apr 29, 2026 Xiamen Faratronic Co., Ltd., Annual General Meeting, Apr 29, 2026, at 09:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China Annonce • Dec 26
Xiamen Faratronic Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 Xiamen Faratronic Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 Annonce • Sep 30
Xiamen Faratronic Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Xiamen Faratronic Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Annonce • Jun 30
Xiamen Faratronic Co., Ltd. to Report First Half, 2025 Results on Aug 16, 2025 Xiamen Faratronic Co., Ltd. announced that they will report first half, 2025 results on Aug 16, 2025 Annonce • Mar 28
Xiamen Faratronic Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Xiamen Faratronic Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Annonce • Mar 24
Xiamen Faratronic Co., Ltd., Annual General Meeting, Apr 25, 2025 Xiamen Faratronic Co., Ltd., Annual General Meeting, Apr 25, 2025, at 09:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China Annonce • Dec 27
Xiamen Faratronic Co., Ltd. to Report Fiscal Year 2024 Results on Mar 22, 2025 Xiamen Faratronic Co., Ltd. announced that they will report fiscal year 2024 results on Mar 22, 2025 Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥134, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥74.95 per share. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥1.30 (vs CN¥1.00 in 3Q 2023) Third quarter 2024 results: EPS: CN¥1.30 (up from CN¥1.00 in 3Q 2023). Revenue: CN¥1.32b (up 47% from 3Q 2023). Net income: CN¥292.8m (up 31% from 3Q 2023). Profit margin: 22% (down from 25% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% 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 increased by 9% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥103, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥61.92 per share. Annonce • Sep 30
Xiamen Faratronic Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Xiamen Faratronic Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥85.53, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥61.82 per share. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥1.18 (vs CN¥1.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥1.18 (up from CN¥1.15 in 2Q 2023). Revenue: CN¥1.14b (up 9.1% from 2Q 2023). Net income: CN¥266.4m (up 2.5% from 2Q 2023). Profit margin: 23% (down from 25% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% 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 increased by 12% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 06
Now 24% overvalued Over the last 90 days, the stock has fallen 8.6% to CN¥87.16. The fair value is estimated to be CN¥70.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 48% in 2 years. Earnings are forecast to grow by 43% in the next 2 years. Buy Or Sell Opportunity • Jul 01
Now 30% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to CN¥77.60. The fair value is estimated to be CN¥111, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 48% in 2 years. Earnings are forecast to grow by 44% in the next 2 years. Annonce • Jun 28
Xiamen Faratronic Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Xiamen Faratronic Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Buy Or Sell Opportunity • Jun 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to CN¥79.11. The fair value is estimated to be CN¥102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 48% in 2 years. Earnings are forecast to grow by 44% in the next 2 years. Declared Dividend • Jun 10
Dividend increased to CN¥2.00 Dividend of CN¥2.00 is 11% higher than last year. Ex-date: 14th June 2024 Payment date: 14th June 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 65% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 04
First quarter 2024 earnings released: EPS: CN¥0.96 (vs CN¥1.03 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.96 (down from CN¥1.03 in 1Q 2023). Revenue: CN¥980.3m (up 5.5% from 1Q 2023). Net income: CN¥215.6m (down 6.8% from 1Q 2023). Profit margin: 22% (down from 25% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% 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 increased by 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annonce • Mar 29
Xiamen Faratronic Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Xiamen Faratronic Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Annonce • Mar 23
Xiamen Faratronic Co., Ltd., Annual General Meeting, Apr 29, 2024 Xiamen Faratronic Co., Ltd., Annual General Meeting, Apr 29, 2024, at 09:00 China Standard Time. Reported Earnings • Mar 23
Full year 2023 earnings released: EPS: CN¥4.55 (vs CN¥4.47 in FY 2022) Full year 2023 results: EPS: CN¥4.55 (up from CN¥4.47 in FY 2022). Revenue: CN¥3.88b (up 1.1% from FY 2022). Net income: CN¥1.02b (up 1.7% from FY 2022). Profit margin: 26% (in line with FY 2022). Revenue is forecast to grow 26% 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 19% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥85.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥53.43 per share. Annonce • Dec 29
Xiamen Faratronic Co., Ltd. to Report Fiscal Year 2023 Results on Mar 23, 2024 Xiamen Faratronic Co., Ltd. announced that they will report fiscal year 2023 results on Mar 23, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥1.00 (vs CN¥1.15 in 3Q 2022) Third quarter 2023 results: EPS: CN¥1.00 (down from CN¥1.15 in 3Q 2022). Revenue: CN¥899.7m (down 15% from 3Q 2022). Net income: CN¥223.5m (down 14% from 3Q 2022). Profit margin: 25% (in line with 3Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥104, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 12% over the past three years. Annonce • Sep 30
Xiamen Faratronic Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Xiamen Faratronic Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥1.15 (vs CN¥1.01 in 2Q 2022) Second quarter 2023 results: EPS: CN¥1.15 (up from CN¥1.01 in 2Q 2022). Revenue: CN¥1.04b (up 13% from 2Q 2022). Net income: CN¥259.9m (up 14% from 2Q 2022). Profit margin: 25% (in line with 2Q 2022). Revenue is forecast to grow 24% 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 26% per year whereas the company’s share price has increased by 23% per year. Annonce • Jun 28
Xiamen Faratronic Co., Ltd. to Report First Half, 2023 Results on Aug 26, 2023 Xiamen Faratronic Co., Ltd. announced that they will report first half, 2023 results on Aug 26, 2023 Reported Earnings • May 02
First quarter 2023 earnings released: EPS: CN¥1.03 (vs CN¥0.91 in 1Q 2022) First quarter 2023 results: EPS: CN¥1.03 (up from CN¥0.91 in 1Q 2022). Revenue: CN¥929.3m (up 11% from 1Q 2022). Net income: CN¥231.2m (up 13% from 1Q 2022). Profit margin: 25% (in line with 1Q 2022). Revenue is forecast to grow 22% 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 28% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. 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. 3 independent directors (6 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥1.15 (vs CN¥0.83 in 3Q 2021) Third quarter 2022 results: EPS: CN¥1.15 (up from CN¥0.83 in 3Q 2021). Revenue: CN¥1.05b (up 43% from 3Q 2021). Net income: CN¥259.4m (up 38% from 3Q 2021). Profit margin: 25% (in line with 3Q 2021). Revenue is forecast to grow 23% 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 29% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥1.01 (vs CN¥0.89 in 2Q 2021) Second quarter 2022 results: EPS: CN¥1.01 (up from CN¥0.89 in 2Q 2021). Revenue: CN¥923.1m (up 32% from 2Q 2021). Net income: CN¥227.7m (up 15% from 2Q 2021). Profit margin: 25% (down from 28% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 29%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥194, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 382% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥139 per share. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.91 (vs CN¥0.73 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.91 (up from CN¥0.73 in 1Q 2021). Revenue: CN¥840.1m (up 45% from 1Q 2021). Net income: CN¥204.4m (up 24% from 1Q 2021). Profit margin: 24% (down from 28% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 30%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
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. 3 independent directors (6 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥165, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 287% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥82.68 per share. Reported Earnings • Mar 29
Full year 2021 earnings released: EPS: CN¥3.69 (vs CN¥2.47 in FY 2020) Full year 2021 results: EPS: CN¥3.69 (up from CN¥2.47 in FY 2020). Revenue: CN¥2.81b (up 49% from FY 2020). Net income: CN¥830.6m (up 50% from FY 2020). Profit margin: 30% (in line with FY 2020). Over the next year, revenue is forecast to grow 33%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥191, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 369% over the past three years. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥246, the stock trades at a forward P/E ratio of 63x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 548% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.83 (vs CN¥0.61 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥738.1m (up 48% from 3Q 2020). Net income: CN¥187.8m (up 37% from 3Q 2020). Profit margin: 25% (down from 27% 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 18% 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 • Aug 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥176, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 305% over the past three years. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.89 (vs CN¥0.61 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥702.1m (up 43% from 2Q 2020). Net income: CN¥198.2m (up 44% from 2Q 2020). Profit margin: 28% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥182, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 269% over the past three years. Reported Earnings • Apr 26
First quarter 2021 earnings released: EPS CN¥0.73 (vs CN¥0.41 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥580.6m (up 68% from 1Q 2020). Net income: CN¥165.4m (up 78% from 1Q 2020). Profit margin: 28% (up from 27% 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 9% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 28
Full year 2020 earnings released: EPS CN¥2.47 (vs CN¥2.03 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.89b (up 13% from FY 2019). Net income: CN¥555.6m (up 22% from FY 2019). Profit margin: 29% (up from 27% 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 6% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Dec 25
New 90-day high: CN¥104 The company is up 49% from its price of CN¥69.65 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥20.51 per share. Is New 90 Day High Low • Nov 12
New 90-day high: CN¥100.00 The company is up 48% from its price of CN¥67.50 on 14 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥17.15 per share. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥518.9m, up 20% from the prior year. Total revenue was CN¥1.82b over the last 12 months, up 12% from the prior year. Is New 90 Day High Low • Oct 27
New 90-day high: CN¥84.91 The company is up 41% from its price of CN¥60.01 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥21.35 per share. Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 18% share price gain to CN¥82.49, the stock is trading at a trailing P/E ratio of 39x, up from the previous P/E ratio of 33x. This compares to an average P/E of 48x in the Electronic industry in China. Total returns to shareholders over the past three years are 59%. Is New 90 Day High Low • Oct 10
New 90-day high: CN¥76.87 The company is up 20% from its price of CN¥64.00 on 10 July 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥21.33 per share.