Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥11.45, the stock trades at a trailing P/E ratio of 67.1x. Average trailing P/E is 51x in the Electrical industry in China. Total loss to shareholders of 12% over the past three years. Annuncio • Jun 30
Tecnon Electronics Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Tecnon Electronics Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 New Risk • Jun 25
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 8.6% 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 Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin). Declared Dividend • Jun 17
Dividend of CN¥0.02 announced Shareholders will receive a dividend of CN¥0.02. Ex-date: 22nd June 2026 Payment date: 22nd June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (21% 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 86 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 77% to shift the payout ratio to a potentially unsustainable range, which is more than the 15% EPS decline seen over the last 5 years. New Risk • Apr 29
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: 1.3% Last year net profit margin: 2.1% 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 Earnings have declined by 21% 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 (1.3% net profit margin). New Risk • Apr 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 33% 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: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Annuncio • Apr 24
Tecnon Electronics Co., Ltd., Annual General Meeting, May 15, 2026 Tecnon Electronics Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhangzhou, Fujian China 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¥16.47, the stock trades at a trailing P/E ratio of 72.8x. Average trailing P/E is 55x in the Electrical industry in China. Total returns to shareholders of 33% over the past three years. Annuncio • Mar 31
Tecnon Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Tecnon Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥14.95, the stock trades at a trailing P/E ratio of 66.1x. Average trailing P/E is 56x in the Electrical industry in China. Total returns to shareholders of 20% over the past three years. Annuncio • Dec 31
Tecnon Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Tecnon Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥16.41, the stock trades at a trailing P/E ratio of 65.6x. Average trailing P/E is 50x in the Electrical industry in China. Total returns to shareholders of 60% over the past three years. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.06 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.06 in 3Q 2024). Revenue: CN¥751.3m (up 15% from 3Q 2024). Net income: CN¥20.1m (up 58% from 3Q 2024). Profit margin: 2.7% (up from 1.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥16.98, the stock trades at a trailing P/E ratio of 78.5x. Average trailing P/E is 54x in the Electrical industry in China. Total returns to shareholders of 59% over the past three years. Annuncio • Sep 30
Tecnon Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Tecnon Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Buy Or Sell Opportunity • Sep 02
Now 23% undervalued Over the last 90 days, the stock has risen 17% to CN¥15.95. The fair value is estimated to be CN¥20.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 23%. Annuncio • Jul 02
Tecnon Electronics Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Tecnon Electronics Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥17.03, the stock trades at a trailing P/E ratio of 74.1x. Average trailing P/E is 41x in the Electrical industry in China. Total returns to shareholders of 35% over the past three years. Board Change • Jun 20
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. 4 experienced directors. No highly experienced directors. Chairman & General Manager Zhanlong Zhuang is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥14.07, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 31% over the past three years. New Risk • May 25
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 8.5% 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 4.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Annuncio • Apr 25
Tecnon Electronics Co., Ltd. Proposes Final Dividend for the Year 2024 Tecnon Electronics Co., Ltd. proposed final dividend of CNY 0.30 per 10 shares (tax included) for the year 2024. Reported Earnings • Apr 24
Full year 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.21 in FY 2023) Full year 2024 results: EPS: CN¥0.23 (up from CN¥0.21 in FY 2023). Revenue: CN¥2.57b (down 2.7% from FY 2023). Net income: CN¥51.2m (up 19% from FY 2023). Profit margin: 2.0% (up from 1.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annuncio • Apr 24
Tecnon Electronics Co., Ltd., Annual General Meeting, May 16, 2025 Tecnon Electronics Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhangzhou, Fujian China New Risk • Apr 07
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 7.7% 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 Earnings have declined by 2.0% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥11.07, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 40x in the Electrical industry in China. Total loss to shareholders of 18% over the past three years. Annuncio • Mar 31
Tecnon Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Tecnon Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Annuncio • Dec 31
Tecnon Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Tecnon Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥12.60, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 37x in the Electrical industry in China. Total loss to shareholders of 1.9% over the past three years. Annuncio • Nov 02
Tecnon Electronics Co., Ltd. Announces Board Elections Tecnon Electronics Co., Ltd. announced at first extraordinary general meeting of 2024 held on 31 October 2024, the shareholders elected Wang Li as non-independent director; Wang Lihong as independent director; Chen Haibin as non-employee supervisor. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.074 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.06 (down from CN¥0.074 in 3Q 2023). Revenue: CN¥655.2m (down 7.4% from 3Q 2023). Net income: CN¥12.7m (down 11% from 3Q 2023). Profit margin: 1.9% (down from 2.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Annuncio • Sep 30
Tecnon Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Tecnon Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥11.08, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 9.7% over the past three years. Annuncio • Sep 12
Tecnon Electronics Co., Ltd. Announces 2024 Interim Profit Distribution, Payable on 19 September 2024 Tecnon Electronics Co., Ltd. announced 2024 interim profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.20000000. Record date: 18 September 2024; Ex-date: 19 September 2024; Payment date: 19 September 2024. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.075 (vs CN¥0.044 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.075 (up from CN¥0.044 in 2Q 2023). Revenue: CN¥555.7m (down 3.8% from 2Q 2023). Net income: CN¥14.9m (up 84% from 2Q 2023). Profit margin: 2.7% (up from 1.4% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Annuncio • Jun 29
Tecnon Electronics Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Tecnon Electronics Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥12.07, the stock trades at a trailing P/E ratio of 58.4x. Average trailing P/E is 33x in the Electrical industry in China. Total returns to shareholders of 6.2% over the past three years. Annuncio • May 25
Tecnon Electronics Co., Ltd. Announces Cash Dividend on A Shares for the Year 2023, Payable on 29 May 2024 Tecnon Electronics Co., Ltd. announced cash dividend /10 shares (tax included) of CNY 0.40000000 on A shares for the year 2023. Record date is 28 May 2024. Ex-date is 29 May 2024 and Payment date is 29 May 2024. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.02 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.03 (up from CN¥0.02 in 1Q 2023). Revenue: CN¥734.4m (up 37% from 1Q 2023). Net income: CN¥7.39m (up 44% from 1Q 2023). Profit margin: 1.0% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.25 in FY 2022) Full year 2023 results: EPS: CN¥0.21 (down from CN¥0.25 in FY 2022). Revenue: CN¥2.64b (down 18% from FY 2022). Net income: CN¥42.8m (down 22% from FY 2022). Profit margin: 1.6% (down from 1.7% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Annuncio • Apr 20
Tecnon Electronics Co., Ltd., Annual General Meeting, May 10, 2024 Tecnon Electronics Co., Ltd., Annual General Meeting, May 10, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhangzhou, Fujian China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥7.62, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 34% over the past three years. Annuncio • Mar 30
Tecnon Electronics Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Tecnon Electronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Buy Or Sell Opportunity • Mar 25
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to CN¥10.20. The fair value is estimated to be CN¥13.64, 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 19%. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥9.06, the stock trades at a trailing P/E ratio of 64.7x. Average trailing P/E is 27x in the Electrical industry in China. Total loss to shareholders of 8.4% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥9.28, the stock trades at a trailing P/E ratio of 66.3x. Average trailing P/E is 27x in the Electrical industry in China. Total loss to shareholders of 4.0% over the past three years. Buy Or Sell Opportunity • Jan 31
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 36% to CN¥9.57. The fair value is estimated to be CN¥12.50, 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 19%. New Risk • Jan 17
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 7.8% 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 (7.8% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.2% net profit margin). Annuncio • Dec 30
Tecnon Electronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Tecnon Electronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 New Risk • Nov 09
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 7.0% 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: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.074 (vs CN¥0.069 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.074 (up from CN¥0.069 in 3Q 2022). Revenue: CN¥707.8m (down 24% from 3Q 2022). Net income: CN¥14.2m (up 5.6% from 3Q 2022). Profit margin: 2.0% (up from 1.5% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Buying Opportunity • Sep 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.9%. The fair value is estimated to be CN¥16.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years, while earnings per share has been flat. New Risk • Aug 25
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.044 (vs CN¥0.064 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.044 (down from CN¥0.064 in 2Q 2022). Revenue: CN¥577.9m (down 7.9% from 2Q 2022). Net income: CN¥8.09m (down 44% from 2Q 2022). Profit margin: 1.4% (down from 2.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat. New Risk • Aug 13
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 6.1% 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: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Annuncio • Jul 01
Tecnon Electronics Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023 Tecnon Electronics Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.62 in FY 2021) Full year 2022 results: EPS: CN¥0.25 (down from CN¥0.62 in FY 2021). Revenue: CN¥3.24b (down 35% from FY 2021). Net income: CN¥54.6m (down 56% from FY 2021). Profit margin: 1.7% (down from 2.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥12.53, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 37x in the Electrical industry in China. Total returns to shareholders of 54% over the past three years. Board Change • Nov 16
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. 3 experienced directors. No highly experienced directors. No independent directors (3 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. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.069 (vs CN¥0.17 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.069 (down from CN¥0.17 in 3Q 2021). Revenue: CN¥926.8m (down 25% from 3Q 2021). Net income: CN¥13.5m (down 61% from 3Q 2021). Profit margin: 1.5% (down from 2.8% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.064 (vs CN¥0.21 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.064 (down from CN¥0.21 in 2Q 2021). Revenue: CN¥627.2m (down 59% from 2Q 2021). Net income: CN¥14.3m (down 64% from 2Q 2021). Profit margin: 2.3% (down from 2.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 25% share price decline to CN¥16.01, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 42x in the Electrical industry in China. Total returns to shareholders of 74% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥16.47, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 40x in the Electrical industry in China. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥13.22, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 52% over the past three years. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.20 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.18 (down from CN¥0.20 in 1Q 2021). Revenue: CN¥847.9m (down 29% from 1Q 2021). Net income: CN¥23.6m (down 34% from 1Q 2021). Profit margin: 2.8% (down from 3.0% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 19
Tecnon Electronics Co., Ltd. Approves Cash Dividend Tecnon Electronics Co., Ltd. held its Annual General Meeting of 2021 on 15 April 2022, during which it approved: Cash dividend/10 shares (tax included): CNY 2.00000000. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥25.80, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 65% over the past three years. Annuncio • Jan 22
Tecnon Electronics Co., Ltd. (SZSE:300650) announces an Equity Buyback for CNY 80 million worth of its shares. Tecnon Electronics Co., Ltd. (SZSE:300650) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of A shares. The shares will be repurchased at a price of not more than CNY 42 per share. The shares purchased will be used for the company's equity incentive plan or ESOP. The program will be valid for 6 months. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥31.56, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 47x in the Electrical industry in China. Total returns to shareholders of 138% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.29 (vs CN¥0.03 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¥1.24b (up CN¥1.13b from 3Q 2020). Net income: CN¥34.9m (up CN¥31.7m from 3Q 2020). Profit margin: 2.8% (down from 3.0% 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 29% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.36 (vs CN¥0.065 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥1.54b (up CN¥1.47b from 2Q 2020). Net income: CN¥39.3m (up CN¥33.1m from 2Q 2020). Profit margin: 2.5% (down from 8.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥24.20, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 33x in the Electrical industry in China. Total returns to shareholders of 45% over the past three years. Reported Earnings • Apr 26
First quarter 2021 earnings released: EPS CN¥0.34 (vs CN¥0.04 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¥1.19b (up CN¥1.14b from 1Q 2020). Net income: CN¥36.0m (up CN¥40.8m from 1Q 2020). Profit margin: 3.0% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥15.94 The company is down 40% from its price of CN¥26.77 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 17
New 90-day low: CN¥20.33 The company is down 21% from its price of CN¥25.81 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 14% 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¥15.1m, down 72% from the prior year. Total revenue was CN¥411.1m over the last 12 months, down 24% from the prior year. Annuncio • Oct 20
Tecnon (Fujian) Commercial Lighting Co., Ltd to Report Q3, 2020 Results on Oct 27, 2020 Tecnon (Fujian) Commercial Lighting Co., Ltd announced that they will report Q3, 2020 results on Oct 27, 2020 Annuncio • Oct 18
Tecnon Fujian Commercial Lighting's Shareholders Plan to Cut Stakes Tecnon (Fujian) Commercial Lighting Co. Ltd. (SZSE:300650) says two shareholders plan to unload up to a combined 4.72% stakes in the company. Is New 90 Day High Low • Oct 12
New 90-day high: CN¥26.94 The company is up 56% from its price of CN¥17.30 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is down 2.0% over the same period. Annuncio • Aug 06
Tecnon (Fujian) Commercial Lighting Co., Ltd to Report First Half, 2020 Results on Aug 25, 2020 Tecnon (Fujian) Commercial Lighting Co., Ltd announced that they will report first half, 2020 results on Aug 25, 2020