Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Hanguo Li was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Apr 23
WG TECH (Jiang Xi) Co., Ltd., Annual General Meeting, May 13, 2026 WG TECH (Jiang Xi) Co., Ltd., Annual General Meeting, May 13, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China Annonce • Mar 30
WG TECH (Jiang Xi) Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 WG TECH (Jiang Xi) Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Annonce • Dec 26
WG TECH (Jiang Xi) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 WG TECH (Jiang Xi) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Annonce • Sep 30
WG TECH (Jiang Xi) Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 WG TECH (Jiang Xi) Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Annonce • Jun 30
WG TECH (Jiang Xi) Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 WG TECH (Jiang Xi) Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Annonce • Apr 25
WG TECH (Jiang Xi) Co., Ltd., Annual General Meeting, May 23, 2025 WG TECH (Jiang Xi) Co., Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xinyu, Jiangxi China Annonce • Mar 28
WG TECH (Jiang Xi) Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 WG TECH (Jiang Xi) Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Annonce • Mar 12
WG TECH (Jiang Xi) Co., Ltd. (SHSE:603773) announces an Equity Buyback for CNY 45 million worth of its shares. WG TECH (Jiang Xi) Co., Ltd. (SHSE:603773) announces a share repurchase program. Under the program, the company will repurchase up to CNY 45 million worth of its shares. The shares will be repurchased at no more than CNY 35 per share. The purpose of the program is to use the repurchased shares for employee stock ownership plans or equity incentives. If the above-mentioned purposes are not completed within 3 years after the announcement of the results of the share repurchase and the share capital change, the unused portion will be cancelled in accordance with the law. The program will be funded from self-owned funds or self-raised funds. The plan will be valid for 12 months. Annonce • Dec 27
WG TECH (Jiang Xi) Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 WG TECH (Jiang Xi) Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.085 loss per share (vs CN¥0.015 profit in 3Q 2023) Third quarter 2024 results: CN¥0.085 loss per share (down from CN¥0.015 profit in 3Q 2023). Revenue: CN¥600.7m (up 16% from 3Q 2023). Net loss: CN¥19.0m (down CN¥22.4m from profit in 3Q 2023). Revenue is forecast to grow 42% 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 fallen by 8% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Annonce • Sep 30
WG TECH (Jiang Xi) Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 WG TECH (Jiang Xi) Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 20
Second quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.055 loss in 2Q 2023) Second quarter 2024 results: CN¥0.11 loss per share (further deteriorated from CN¥0.055 loss in 2Q 2023). Revenue: CN¥516.6m (up 21% from 2Q 2023). Net loss: CN¥25.0m (loss widened 102% from 2Q 2023). Revenue is forecast to grow 40% 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 fallen by 33% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Annonce • Jun 28
WG TECH (Jiang Xi) Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024 WG TECH (Jiang Xi) Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 Annonce • Apr 21
WG TECH (Jiang Xi) Co., Ltd., Annual General Meeting, May 10, 2024 WG TECH (Jiang Xi) Co., Ltd., Annual General Meeting, May 10, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xinyu, Jiangxi China Reported Earnings • Apr 20
First quarter 2024 earnings released: CN¥0.032 loss per share (vs CN¥0.006 profit in 1Q 2023) First quarter 2024 results: CN¥0.032 loss per share (down from CN¥0.006 profit in 1Q 2023). Revenue: CN¥525.4m (up 52% from 1Q 2023). Net loss: CN¥5.42m (down CN¥6.48m from profit in 1Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Annonce • Mar 30
WG TECH (Jiang Xi) Co., Ltd. to Report Q1, 2024 Results on Apr 20, 2024 WG TECH (Jiang Xi) Co., Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Annonce • Feb 27
WG TECH (Jiang Xi) Co., Ltd. (SHSE:603773) completed the acquisition of additional 70% stake in Hubei Tongge Microcircuit Technology Co., Ltd. from Hubei Tianmen High-tech Investment and Development Group Co., Ltd. WG TECH (Jiang Xi) Co., Ltd. (SHSE:603773) agreed to acquire additional 70% stake in Hubei Tongge Microcircuit Technology Co., Ltd. from Hubei Tianmen High-tech Investment and Development Group Co., Ltd. for CNY 85.73 million on February 7, 2024. Hubei Tongge Microcircuit Technology Co., Ltd. reported Total assets worth CNY 130.2 million, EBIT of CNY 4.1 million, Total common equity of CNY 114.1 million and Net loss of CNY 3.95 million on December 31, 2023. transaction has already been approved by WG TECH (Jiang Xi) Co., Ltd.'s board of director's. WG TECH (Jiang Xi) Co., Ltd. (SHSE:603773) completed the acquisition of additional 70% stake in Hubei Tongge Microcircuit Technology Co., Ltd. from Hubei Tianmen High-tech Investment and Development Group Co., Ltd. on February 27, 2024. Annonce • Dec 29
WG TECH (Jiang Xi) Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 WG TECH (Jiang Xi) Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 New Risk • Nov 18
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 8.3% 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 Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.3% average weekly change). Earnings have declined by 86% per year over the past 5 years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.054 loss per share (vs CN¥0.17 loss in 3Q 2022) Third quarter 2023 results: CN¥0.054 loss per share (improved from CN¥0.17 loss in 3Q 2022). Revenue: CN¥479.0m (up 47% from 3Q 2022). Net loss: CN¥9.17m (loss narrowed 69% from 3Q 2022). 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. New Risk • Aug 07
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 86% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Reported Earnings • Aug 07
Second quarter 2023 earnings released: CN¥0.072 loss per share (vs CN¥0.045 loss in 2Q 2022) Second quarter 2023 results: CN¥0.072 loss per share (further deteriorated from CN¥0.045 loss in 2Q 2022). Revenue: CN¥428.9m (up 10% from 2Q 2022). Net loss: CN¥12.4m (loss widened 70% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 07
Second quarter 2023 earnings released: CN¥0.072 loss per share (vs CN¥0.045 loss in 2Q 2022) Second quarter 2023 results: CN¥0.072 loss per share (further deteriorated from CN¥0.045 loss in 2Q 2022). Revenue: CN¥428.9m (up 10% from 2Q 2022). Net loss: CN¥12.4m (loss widened 70% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance. New Risk • Jul 05
New major 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 Earnings have declined by 84% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Annonce • Jun 28
WG TECH (Jiang Xi) Co., Ltd. to Report First Half, 2023 Results on Aug 07, 2023 WG TECH (Jiang Xi) Co., Ltd. announced that they will report first half, 2023 results on Aug 07, 2023 Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.006 (vs CN¥0.015 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.006 (down from CN¥0.015 in 1Q 2022). Revenue: CN¥346.5m (down 2.7% from 1Q 2022). Net income: CN¥1.06m (down 55% from 1Q 2022). Profit margin: 0.3% (down from 0.7% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 155 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 29
Third quarter 2022 earnings released: CN¥0.19 loss per share (vs CN¥0.057 loss in 3Q 2021) Third quarter 2022 results: CN¥0.19 loss per share (further deteriorated from CN¥0.057 loss in 3Q 2021). Revenue: CN¥326.5m (up 18% from 3Q 2021). Net loss: CN¥29.6m (loss widened 223% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2022 earnings released: CN¥0.045 loss per share (vs CN¥0.054 loss in 2Q 2021) Second quarter 2022 results: CN¥0.045 loss per share (up from CN¥0.054 loss in 2Q 2021). Revenue: CN¥389.4m (up 83% from 2Q 2021). Net loss: CN¥7.28m (loss narrowed 14% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 15
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: CN¥0.22 loss per share (down from CN¥0.12 profit in FY 2020). Revenue: CN¥1.05b (up 74% from FY 2020). Net loss: CN¥26.9m (down 290% from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 28
Third quarter 2021 earnings released: CN¥0.074 loss per share (vs CN¥0.048 profit in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥276.3m (up 66% from 3Q 2020). Net loss: CN¥9.16m (down 256% from profit in 3Q 2020). Reported Earnings • Aug 27
Second quarter 2021 earnings released: CN¥0.13 loss per share (vs CN¥0.12 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥213.1m (up 30% from 2Q 2020). Net loss: CN¥8.45m (down 155% from profit in 2Q 2020). Reported Earnings • Apr 20
First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.066 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥188.8m (up 79% from 1Q 2020). Net income: CN¥10.9m (up CN¥17.2m from 1Q 2020). Profit margin: 5.8% (up from net loss in 1Q 2020). Reported Earnings • Mar 15
Full year 2020 earnings released: EPS CN¥0.15 (vs CN¥0.54 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥604.2m (up 15% from FY 2019). Net income: CN¥14.1m (down 72% from FY 2019). Profit margin: 2.3% (down from 9.7% in FY 2019). Is New 90 Day High Low • Jan 25
New 90-day low: CN¥24.83 The company is down 17% from its price of CN¥30.06 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 05
New 90-day low: CN¥26.77 The company is down 12% from its price of CN¥30.27 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 16
New 90-day low: CN¥28.06 The company is down 13% from its price of CN¥32.33 on 18 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥29.63 The company is down 10.0% from its price of CN¥32.88 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥17.5m, down 53% from the prior year. Total revenue was CN¥558.3m over the last 12 months, down 3.8% from the prior year. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥30.70 The company is down 7.0% from its price of CN¥33.18 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. 
