Declared Dividend • Jul 03
Dividend of CN¥0.05 announced Shareholders will receive a dividend of CN¥0.05. Ex-date: 8th July 2026 Payment date: 8th July 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 15% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jun 30
Dongfang Electronics Co., Ltd. to Report First Half, 2026 Results on Aug 20, 2026 Dongfang Electronics Co., Ltd. announced that they will report first half, 2026 results on Aug 20, 2026 Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Tingli Yan was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Annuncio • Apr 24
Dongfang Electronics Co., Ltd., Annual General Meeting, May 15, 2026 Dongfang Electronics Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: No. 2, Jichang Road, Zhifu District, Yantai, Shandong China Annuncio • Mar 31
Dongfang Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Dongfang Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Annuncio • Dec 31
Dongfang Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Dongfang Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Annuncio • Sep 30
Dongfang Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Dongfang Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Annuncio • Jul 02
Dongfang Electronics Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Dongfang Electronics Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Annuncio • May 22
Dongfang Electronics Co., Ltd. Approves Final Cash Dividend for 2024 Dongfang Electronics Co., Ltd. at its AGM held on May 16, 2025, approved Cash dividend (tax included): CNY 0.45000000 per ten shares for 2024. Annuncio • Apr 25
Dongfang Electronics Co., Ltd. Proposes Final Cash Dividend for 2024 Dongfang Electronics Co., Ltd. proposed final cash dividend of CNY 0.45000000 per 10 shares (tax included) for 2024. Annuncio • Apr 23
Dongfang Electronics Co., Ltd., Annual General Meeting, May 16, 2025 Dongfang Electronics Co., Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: 3F, No. 2, Jichang Road, Zhifu District, Yantai, Shandong China Annuncio • Mar 31
Dongfang Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Dongfang Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Annuncio • Dec 31
Dongfang Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Dongfang Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Annuncio • Dec 04
Dongfang Electronics Co., Ltd. Announces Third Quarter Profit Distribution Plan to Be Implemented (A Shares), Payable on 10 December 2024 Dongfang Electronics Co., Ltd. announced 2024 third quarter profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.37000000. Record date: 09 December 2024; Ex-date: 10 December 2024; Payment date: 10 December 2024. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.11 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.11 in 3Q 2023). Revenue: CN¥1.81b (up 15% from 3Q 2023). Net income: CN¥168.5m (up 19% from 3Q 2023). Profit margin: 9.3% (up from 9.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year. Annuncio • Oct 24
Dongfang Electronics Co., Ltd. Announces the Profit Distribution Proposal for the Third Quarter of 2024 Dongfang Electronics Co., Ltd. announced on 23 October 2024 the profit distribution proposal for the third quarter of 2024 as follows: Cash dividend per 10 shares (tax included) of CNY 0.37000000. Annuncio • Sep 30
Dongfang Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024 Dongfang Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.094 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.094 in 2Q 2023). Revenue: CN¥1.54b (up 13% from 2Q 2023). Net income: CN¥151.3m (up 21% from 2Q 2023). Profit margin: 9.8% (in line with 2Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year. Declared Dividend • Jul 05
Dividend of CN¥0.08 announced Shareholders will receive a dividend of CN¥0.08. Ex-date: 9th July 2024 Payment date: 9th July 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 82% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Jul 02
Dongfang Electronics Co., Ltd. Announces Board Elections Dongfang Electronics Co., Ltd. announced at the EGM held on June 28, 2024, approved election Liu Xunzhang and Wu Xiaoliang as director; Du Zhigang, Shi Weijin and Yan Tingli as independent director. Annuncio • Jun 29
Dongfang Electronics Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Dongfang Electronics Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.076 (vs CN¥0.057 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.076 (up from CN¥0.057 in 1Q 2023). Revenue: CN¥1.28b (up 11% from 1Q 2023). Net income: CN¥101.4m (up 32% from 1Q 2023). Profit margin: 7.9% (up from 6.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical 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 32% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.40 (vs CN¥0.33 in FY 2022) Full year 2023 results: EPS: CN¥0.40 (up from CN¥0.33 in FY 2022). Revenue: CN¥6.48b (up 19% from FY 2022). Net income: CN¥541.3m (up 24% from FY 2022). Profit margin: 8.4% (up from 8.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical 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 28% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Apr 20
Dongfang Electronics Co., Ltd., Annual General Meeting, May 10, 2024 Dongfang Electronics Co., Ltd., Annual General Meeting, May 10, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yantai, Shandong China Annuncio • Mar 30
Dongfang Electronics Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Dongfang Electronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥7.93, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electrical industry in China. Total returns to shareholders of 88% over the past three years. Annuncio • Dec 30
Dongfang Electronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Dongfang Electronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.085 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.085 in 3Q 2022). Revenue: CN¥1.58b (up 20% from 3Q 2022). Net income: CN¥142.2m (up 25% from 3Q 2022). Profit margin: 9.0% (up from 8.7% in 3Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical 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 only increased by 16% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 30
Dongfang Electronics Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Dongfang Electronics Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.094 (vs CN¥0.079 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.094 (up from CN¥0.079 in 2Q 2022). Revenue: CN¥1.37b (up 10.0% from 2Q 2022). Net income: CN¥125.5m (up 18% from 2Q 2022). Profit margin: 9.2% (up from 8.5% in 2Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year. Buying Opportunity • Aug 11
Now 21% undervalued Over the last 90 days, the stock is up 1.9%. The fair value is estimated to be CN¥11.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 54% in 2 years. Earnings is forecast to grow by 85% in the next 2 years. Annuncio • Jul 06
Dongfang Electronics Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on July 11, 2023 Dongfang Electronics Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY0.75000000 on A shares for the year 2022. Record date is July 10, 2023. Ex-date is July 11, 2023. Payment date is July 11, 2023. Annuncio • Jul 01
Dongfang Electronics Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Dongfang Electronics Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Annuncio • May 20
Dongfang Electronics Co., Ltd. Approves Cash Dividend for 2022 Dongfang Electronics Co., Ltd. announced that at its AGM held on 18 May 2023, the shareholders approved 2022 profit distribution plan as cash dividend/10 shares (tax included): CNY 0.75000000. Reported Earnings • Apr 19
Full year 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.26 in FY 2021) Full year 2022 results: EPS: CN¥0.33 (up from CN¥0.26 in FY 2021). Revenue: CN¥5.46b (up 22% from FY 2021). Net income: CN¥438.4m (up 26% from FY 2021). Profit margin: 8.0% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Zhigang Du was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.085 (vs CN¥0.066 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.085 (up from CN¥0.066 in 3Q 2021). Revenue: CN¥1.31b (up 18% from 3Q 2021). Net income: CN¥113.9m (up 30% from 3Q 2021). Profit margin: 8.7% (up from 7.9% in 3Q 2021). Board Change • Oct 12
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Zhigang Du was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.079 (vs CN¥0.062 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.079 (up from CN¥0.062 in 2Q 2021). Revenue: CN¥1.24b (up 23% from 2Q 2021). Net income: CN¥106.1m (up 28% from 2Q 2021). Profit margin: 8.5% (up from 8.3% in 2Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.26 (vs CN¥0.21 in FY 2020) Full year 2021 results: EPS: CN¥0.26 (up from CN¥0.21 in FY 2020). Revenue: CN¥4.49b (up 19% from FY 2020). Net income: CN¥347.8m (up 23% from FY 2020). Profit margin: 7.8% (up from 7.5% in FY 2020). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥9.08, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 46x in the Electrical industry in China. Total returns to shareholders of 74% over the past year. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.066 (vs CN¥0.057 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¥1.12b (up 20% from 3Q 2020). Net income: CN¥88.0m (up 16% from 3Q 2020). Profit margin: 7.9% (down from 8.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥5.72, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 17% over the past year. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥6.33, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 39x in the Electrical industry in China. Total returns to shareholders of 17% over the past year. Reported Earnings • Aug 28
Second quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.055 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.01b (up 6.9% from 2Q 2020). Net income: CN¥83.2m (up 13% from 2Q 2020). Profit margin: 8.3% (up from 7.8% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.21 (vs CN¥0.18 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.72b (up 8.8% from FY 2019). Net income: CN¥278.1m (up 13% from FY 2019). Profit margin: 7.5% (up from 7.2% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥4.45 The company is down 8.0% from its price of CN¥4.84 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 Electrical industry, which is up 31% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥4.69 The company is down 6.0% from its price of CN¥5.00 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 38% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: CN¥5.28 The company is up 2.0% from its price of CN¥5.19 on 10 September 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 17% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥258.7m, largely unchanged from the prior year. Total revenue was CN¥3.75b over the last 12 months, up 12% from the prior year. Is New 90 Day High Low • Oct 27
New 90-day low: CN¥4.82 The company is down 10.0% from its price of CN¥5.33 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥4.85 The company is down 2.0% from its price of CN¥4.96 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period.