New Risk • May 13
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 10% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 30
First quarter 2026 earnings released: CN¥0.009 loss per share (vs CN¥0.003 profit in 1Q 2025) First quarter 2026 results: CN¥0.009 loss per share (down from CN¥0.003 profit in 1Q 2025). Revenue: CN¥129.6m (up 2.8% from 1Q 2025). Net loss: CN¥3.64m (down 358% from profit in 1Q 2025). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Annuncio • Apr 29
Farsoon Technologies Co., Ltd. announced that it expects to receive CNY 3.9096915 billion in funding Farsoon Technologies Co., Ltd. announced private placement to issue not more than 124,673,264 A shares for gross proceeds of not more than CNY 3,909,691,500 on April 29, 2026. The transaction includes participation from not more than 35 investors. The issue price is not less than 80% of the average price in the 20 trading days before the pricing reference date. The shares cannot be transferred within 6 months from the issuance closing date. The transaction is approved by board pf directors of the company in its 10th Meeting of the Company’s 2nd Directorate, and is subject to the approvals of the Company’s Shareholders, the Shanghai Stock Exchange, and the China Securities Regulatory Commission. Annuncio • Mar 30
Farsoon Technologies Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Farsoon Technologies Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Annuncio • Mar 28
Farsoon Technologies Co., Ltd., Annual General Meeting, Apr 17, 2026 Farsoon Technologies Co., Ltd., Annual General Meeting, Apr 17, 2026, at 14:00 China Standard Time. Location: No. 2710, Yuelu West Avenue, Yuelu District, Changsha, Hunan China Reported Earnings • Mar 05
Full year 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.16 in FY 2024) Full year 2025 results: EPS: CN¥0.17 (up from CN¥0.16 in FY 2024). Revenue: CN¥716.1m (up 46% from FY 2024). Net income: CN¥68.0m (up 1.2% from FY 2024). Profit margin: 9.5% (down from 14% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery industry in China. New Risk • Jan 05
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 9.4% 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 (9.4% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.0% net profit margin). Annuncio • Dec 26
Farsoon Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 Farsoon Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 New Risk • Nov 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 134% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.0% net profit margin). Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.024 (vs CN¥0.026 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.024 (down from CN¥0.026 in 3Q 2024). Revenue: CN¥158.8m (up 35% from 3Q 2024). Net income: CN¥10.0m (down 7.8% from 3Q 2024). Profit margin: 6.3% (down from 9.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Annuncio • Sep 30
Farsoon Technologies Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Farsoon Technologies Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Sep 03
New major risk - Revenue and earnings growth Earnings have declined by 2.9% 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 Risks Earnings have declined by 2.9% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (7.7% net profit margin). Annuncio • Jun 30
Farsoon Technologies Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Farsoon Technologies Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • May 03
First quarter 2025 earnings released: EPS: CN¥0.003 (vs CN¥0.064 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.003 (down from CN¥0.064 in 1Q 2024). Revenue: CN¥126.0m (up 1.3% from 1Q 2024). Net income: CN¥1.41m (down 95% from 1Q 2024). Profit margin: 1.1% (down from 21% in 1Q 2024). Annuncio • Mar 28
Farsoon Technologies Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Farsoon Technologies Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Annuncio • Mar 20
Farsoon Technologies Co., Ltd., Annual General Meeting, Apr 09, 2025 Farsoon Technologies Co., Ltd., Annual General Meeting, Apr 09, 2025, at 14:00 China Standard Time. Location: No. 2710, Yuelu West Avenue, Changsha, Hunan China New Risk • Mar 03
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: 14% Last year net profit margin: 22% 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: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (14% net profit margin). Board Change • Feb 01
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. 6 experienced directors. No highly experienced directors. Non-Independent Director Lin Xu 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. Annuncio • Dec 27
Farsoon Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Mar 20, 2025 Farsoon Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Mar 20, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.026 (vs CN¥0.069 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.026 (down from CN¥0.069 in 3Q 2023). Revenue: CN¥117.9m (down 9.6% from 3Q 2023). Net income: CN¥10.9m (down 64% from 3Q 2023). Profit margin: 9.2% (down from 23% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥18.12, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 16x in the Machinery industry in China. Total loss to shareholders of 32% over the past year. New Risk • Sep 30
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 7.6% 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 (47% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Annuncio • Sep 30
Farsoon Technologies Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Farsoon Technologies Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥17.20, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 15x in the Machinery industry in China. Total loss to shareholders of 43% over the past year. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.061 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.016 (down from CN¥0.061 in 2Q 2023). Revenue: CN¥102.7m (down 27% from 2Q 2023). Net income: CN¥6.62m (down 70% from 2Q 2023). Profit margin: 6.5% (down from 16% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Annuncio • Jun 28
Farsoon Technologies Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Farsoon Technologies Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Annuncio • May 23
Farsoon Technologies Co., Ltd., Annual General Meeting, Jun 12, 2024 Farsoon Technologies Co., Ltd., Annual General Meeting, Jun 12, 2024, at 14:00 China Standard Time. Location: No. 181, Linyu Road, Hi-tech Industry Development Zone, Changsha, Hunan China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.064 (vs CN¥0.05 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.064 (up from CN¥0.05 in 1Q 2023). Revenue: CN¥124.4m (up 24% from 1Q 2023). Net income: CN¥26.3m (up 28% from 1Q 2023). Profit margin: 21% (in line with 1Q 2023). Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery industry in China. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥20.85, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 17x in the Machinery industry in China. Total loss to shareholders of 23% over the past year. Annuncio • Mar 30
Farsoon Technologies Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Farsoon Technologies Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥25.50, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 17x in the Machinery industry in China. Annuncio • Mar 13
Farsoon Technologies Co., Ltd. (SHSE:688433) announces an Equity Buyback for CNY 20 million worth of its shares. Farsoon Technologies Co., Ltd. (SHSE:688433) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at no more than CNY 30 per share. The purpose of the program is to use the repurchased shares for equity incentives or employee stock ownership plans. If the company fails to use the repurchased shares for the said purpose within 3 years of completion of the program, the unused shares will be cancelled. The program will be funded from part of the excess funds obtained from the company’s initial public offering of RMB ordinary shares. The plan will be valid for 12 months. Reported Earnings • Feb 27
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.33 (up from CN¥0.27 in FY 2022). Revenue: CN¥605.7m (up 33% from FY 2022). Net income: CN¥133.5m (up 35% from FY 2022). Profit margin: 22% (in line with FY 2022). Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in China. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥18.75, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 14x in the Machinery industry in China. Reported Earnings • Aug 29
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.061. Net income: CN¥22.0m (up CN¥22.0m from 2Q 2022). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Annuncio • Jun 28
Farsoon Technologies Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Farsoon Technologies Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 29
First quarter 2023 earnings released First quarter 2023 results: EPS: CN¥0.05. Net income: CN¥20.5m (up CN¥20.5m from 1Q 2022).