Price Target Changed • May 17
Price target decreased by 14% to CN¥8.37 Down from CN¥9.70, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥8.38. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥0.24 next year compared to a net loss per share of CN¥0.96 last year. Annuncio • Apr 30
LianChuang Electronic Technology Co.,Ltd, Annual General Meeting, May 20, 2026 LianChuang Electronic Technology Co.,Ltd, Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanchang, Jiangxi China Reported Earnings • Apr 28
First quarter 2026 earnings released: CN¥0.09 loss per share (vs CN¥0.003 profit in 1Q 2025) First quarter 2026 results: CN¥0.09 loss per share (down from CN¥0.003 profit in 1Q 2025). Revenue: CN¥1.65b (down 24% from 1Q 2025). Net loss: CN¥96.8m (down CN¥100.1m from profit in 1Q 2025). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Annuncio • Mar 31
LianChuang Electronic Technology Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026 LianChuang Electronic Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 Annuncio • Dec 31
LianChuang Electronic Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 28, 2026 LianChuang Electronic Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 28, 2026 Price Target Changed • Dec 24
Price target decreased by 8.2% to CN¥8.43 Down from CN¥9.18, the current price target is an average from 3 analysts. New target price is 27% below last closing price of CN¥11.59. Stock is up 19% over the past year. The company is forecast to post earnings per share of CN¥0.14 next year compared to a net loss per share of CN¥0.52 last year. Reported Earnings • Oct 28
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.025 (up from CN¥0.018 in 3Q 2024). Revenue: CN¥2.27b (down 19% from 3Q 2024). Net income: CN¥26.8m (up 43% from 3Q 2024). Profit margin: 1.2% (up from 0.7% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 33%. Earnings per share (EPS) also missed analyst estimates by 59%. Revenue is forecast to grow 16% 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 fallen by 40% 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 • Sep 30
LianChuang Electronic Technology Co.,Ltd to Report Q3, 2025 Results on Oct 28, 2025 LianChuang Electronic Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 28, 2025 Annuncio • Sep 12
LianChuang Electronic Technology Co.,Ltd (SZSE:002036) agreed to acquire remaining 33.33% stake in Hefei Zhixing Optoelectronics Co., Ltd. from Guangdong Rongchuang Yueling Intelligent Manufacturing & Information Tech Industry Equity Investment managed by China Innovative Capital Management Limited and Shenzhen Qianhai China Innovative Capital Management Co., Ltd. LianChuang Electronic Technology Co.,Ltd (SZSE:002036) agreed to acquire remaining 33.33% stake in Hefei Zhixing Optoelectronics Co., Ltd. from Guangdong Rongchuang Yueling Intelligent Manufacturing & Information Tech Industry Equity Investment managed by China Innovative Capital Management Limited and Shenzhen Qianhai China Innovative Capital Management Co., Ltd. on August 22, 2025. Upon completion, LianChuang Electronic Technology Co.,Ltd will own 100% stake in Hefei Zhixing Optoelectronics Co., Ltd. Annuncio • Jul 02
LianChuang Electronic Technology Co.,Ltd to Report First Half, 2025 Results on Aug 26, 2025 LianChuang Electronic Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 26, 2025 Price Target Changed • May 05
Price target increased by 13% to CN¥8.98 Up from CN¥7.97, the current price target is an average from 4 analysts. New target price is 15% below last closing price of CN¥10.62. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥0.16 next year compared to a net loss per share of CN¥0.52 last year. Reported Earnings • Apr 26
Full year 2024 earnings released: CN¥0.52 loss per share (vs CN¥0.93 loss in FY 2023) Full year 2024 results: CN¥0.52 loss per share (improved from CN¥0.93 loss in FY 2023). Revenue: CN¥10.2b (up 3.7% from FY 2023). Net loss: CN¥552.8m (loss narrowed 44% from FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Annuncio • Apr 26
LianChuang Electronic Technology Co.,Ltd, Annual General Meeting, May 16, 2025 LianChuang Electronic Technology Co.,Ltd, Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanchang, Jiangxi China Annuncio • Mar 31
LianChuang Electronic Technology Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025 LianChuang Electronic Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 New Risk • Feb 10
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 8.8% 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 Debt is not well covered by operating cash flow (2.8% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Annuncio • Dec 31
LianChuang Electronic Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 26, 2025 LianChuang Electronic Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 26, 2025 Annuncio • Dec 27
LianChuang Electronic Technology Co.,Ltd Approves Management Elections LianChuang Electronic Technology Co.,Ltd at its Extraordinary General Meeting held on 23 December 2024 approved the election of Xiong Minghua as non-employee supervisor. The company approved the election of Chen Meiling and Wang Jinben as independent director. Reported Earnings • Oct 29
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: EPS: CN¥0.018 (up from CN¥0.046 loss in 3Q 2023). Revenue: CN¥2.81b (down 2.8% from 3Q 2023). Net income: CN¥18.8m (up CN¥67.7m from 3Q 2023). Profit margin: 0.7% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) exceeded analyst estimates by 72%. Revenue is forecast to grow 11% 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, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Annuncio • Sep 30
LianChuang Electronic Technology Co.,Ltd to Report Q3, 2024 Results on Oct 29, 2024 LianChuang Electronic Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.092 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.004 (up from CN¥0.092 loss in 2Q 2023). Revenue: CN¥2.47b (up 10% from 2Q 2023). Net income: CN¥3.97m (up CN¥106.0m from 2Q 2023). Profit margin: 0.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Price Target Changed • Jul 11
Price target decreased by 17% to CN¥7.97 Down from CN¥9.59, the current price target is an average from 3 analysts. New target price is 11% above last closing price of CN¥7.16. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥0.015 next year compared to a net loss per share of CN¥0.93 last year. Annuncio • Jul 05
LianChuang Electronic Technology Co.,Ltd (SZSE:002036) completed the acquisition of 13.7428% stake in Jiangxi Lianyi Optics Co., Ltd. from BOCOM Financial Asset Investment Co., Ltd. LianChuang Electronic Technology Co.,Ltd (SZSE:002036) entered into equity transfer agreement to acquire 13.7428% stake in Jiangxi Lianyi Optics Co., Ltd. from BOCOM Financial Asset Investment Co., Ltd for CNY 340 million recently. LianChuang Electronic has paid all the repurchase price on April 10, 2024. After completion, BOCOM Financial Asset Investment Co., Ltd will not hold the equity of Jiangxi Lianyi Optics Co., Ltd. and LianChuang Electronic will hold 78.6966% of the equity of Jiangxi Lianyi Optics Co., Ltd.LianChuang Electronic Technology Co.,Ltd (SZSE:002036) completed the acquisition of 13.7428% stake in Jiangxi Lianyi Optics Co., Ltd. from BOCOM Financial Asset Investment Co., Ltd on July 4, 2024. Annuncio • Jun 29
LianChuang Electronic Technology Co.,Ltd to Report First Half, 2024 Results on Aug 27, 2024 LianChuang Electronic Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024 Price Target Changed • May 22
Price target decreased by 23% to CN¥10.14 Down from CN¥13.17, the current price target is an average from 4 analysts. New target price is 36% above last closing price of CN¥7.43. Stock is down 17% over the past year. The company is forecast to post earnings per share of CN¥0.24 next year compared to a net loss per share of CN¥0.93 last year. Annuncio • May 01
LianChuang Electronic Technology Co.,Ltd, Annual General Meeting, May 21, 2024 LianChuang Electronic Technology Co.,Ltd, Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Nanchang, Jiangxi China Reported Earnings • Apr 30
First quarter 2024 earnings released: CN¥0.06 loss per share (vs CN¥0.17 loss in 1Q 2023) First quarter 2024 results: CN¥0.06 loss per share (improved from CN¥0.17 loss in 1Q 2023). Revenue: CN¥2.47b (up 26% from 1Q 2023). Net loss: CN¥69.0m (loss narrowed 61% from 1Q 2023). Revenue is forecast to grow 16% 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, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. Annuncio • Mar 30
LianChuang Electronic Technology Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 LianChuang Electronic Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Annuncio • Dec 29
LianChuang Electronic Technology Co.,Ltd to Report Fiscal Year 2023 Results on Apr 30, 2024 LianChuang Electronic Technology Co.,Ltd announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings: EPS misses analyst expectations Third quarter 2023 results: CN¥0.046 loss per share (down from CN¥0.095 profit in 3Q 2022). Revenue: CN¥2.89b (down 4.6% from 3Q 2022). Net loss: CN¥48.9m (down 149% from profit in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 16% 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, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: CN¥0.092 loss per share (down from CN¥0.056 profit in 2Q 2022). Revenue: CN¥2.24b (down 22% from 2Q 2022). Net loss: CN¥102.0m (down 261% from profit in 2Q 2022). Revenue missed analyst estimates by 38%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 12% 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, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Price Target Changed • Jul 17
Price target decreased by 7.4% to CN¥15.58 Down from CN¥16.82, the current price target is an average from 7 analysts. New target price is 31% above last closing price of CN¥11.86. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.09 last year. Annuncio • Jul 06
Lianchuang Electronic Technology Co.,Ltd Announces Final Dividend on A Shares for the Year 2022, Payable on July 11, 2023 LianChuang Electronic Technology Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 0.09058900 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. New Risk • Jul 05
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 7.3% 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 Interest payments are not well covered by earnings (0.07x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Annuncio • May 18
LianChuang Electronic Technology Co.,Ltd Approves Cash Dividend (Tax Included) for 2022 LianChuang Electronic Technology Co.,Ltd at the AGM held on 16 May 2023, approved cash dividend (tax included) for 2022 of CNY 0.09000000 per 10 shares. Annuncio • May 09
LianChuang Electronic Technology Co.,Ltd (SZSE:002036) announces an Equity Buyback for CNY 200 million worth of its shares. LianChuang Electronic Technology Co.,Ltd (SZSE:002036) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be purchased at a price not exceeding CNY 15 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for 12 months. Price Target Changed • Apr 29
Price target decreased by 8.7% to CN¥16.82 Down from CN¥18.42, the current price target is an average from 7 analysts. New target price is 80% above last closing price of CN¥9.34. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.45 for next year compared to CN¥0.09 last year. Reported Earnings • Apr 26
First quarter 2023 earnings: EPS and revenues miss analyst expectations First quarter 2023 results: CN¥0.17 loss per share (down from CN¥0.04 profit in 1Q 2022). Revenue: CN¥1.96b (down 2.4% from 1Q 2022). Net loss: CN¥177.5m (down CN¥217.6m from profit in 1Q 2022). Revenue missed analyst estimates by 18%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 10.0% 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 53% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Price Target Changed • Jan 09
Price target decreased to CN¥17.73 Down from CN¥19.40, the current price target is an average from 6 analysts. New target price is 34% above last closing price of CN¥13.25. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥0.27 for next year compared to CN¥0.11 last year. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Qican Zhang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 28
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: CN¥0.095 (up from CN¥0.085 in 3Q 2021). Revenue: CN¥3.03b (up 31% from 3Q 2021). Net income: CN¥100.7m (up 11% from 3Q 2021). Profit margin: 3.3% (down from 3.9% in 3Q 2021). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 9.6% 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 fallen by 36% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Price Target Changed • Aug 10
Price target increased to CN¥19.40 Up from CN¥17.18, the current price target is an average from 6 analysts. New target price is 13% above last closing price of CN¥17.20. Stock is down 9.0% over the past year. The company is forecast to post earnings per share of CN¥0.29 for next year compared to CN¥0.11 last year. Reported Earnings • Aug 09
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: CN¥0.056. Revenue: CN¥2.87b (up 13% from 2Q 2021). Net income: CN¥63.3m (up 3.3% from 2Q 2021). Profit margin: 2.2% (down from 2.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 5.4%, compared to a 26% growth forecast for the industry in China. Annuncio • Jul 06
Lianchuang Electronic Technology Co.,Ltd Announces Final Dividend on A Shares for the Year 2021, Payable on July 11, 2022 LianChuang Electronic Technology Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 0.10999900 on A shares for the year 2021. Record date is 08 July 2022. Ex-date is 11 July 2022. Payment date is 11 July 2022. Annuncio • May 19
LianChuang Electronic Technology Co.,Ltd Approves Cash Dividend LianChuang Electronic Technology Co.,Ltd at the AGM held on 16 May 2022, approved cash dividend (tax included) of CNY 0.11000000 per 10 shares. Major Estimate Revision • May 02
Consensus EPS estimates fall by 31% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥11.3b to CN¥10.7b. EPS estimate also fell from CN¥0.48 per share to CN¥0.33 per share. Net income forecast to grow 247% next year vs 44% growth forecast for Electronic industry in China. Consensus price target down from CN¥25.55 to CN¥17.55. Share price rose 6.4% to CN¥11.38 over the past week. Annuncio • Apr 27
LianChuang Electronic Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2021 LianChuang Electronic Technology Co. Ltd. proposed final cash dividend CNY 0.11 per 10 shares (tax included) for the year 2021. Reported Earnings • Apr 27
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: CN¥0.04 (up from CN¥0.03 in 1Q 2021). Revenue: CN¥2.01b (down 12% from 1Q 2021). Net income: CN¥40.1m (up 11% from 1Q 2021). Profit margin: 2.0% (up from 1.6% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 61%. Over the next year, revenue is forecast to grow 7.4%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Qican Zhang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Major Estimate Revision • Apr 21
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from CN¥9.89b to CN¥10.0b. EPS estimate fell from CN¥0.32 to CN¥0.26 per share. Net income forecast to grow 184% next year vs 37% growth forecast for Electronic industry in China. Consensus price target down from CN¥25.07 to CN¥22.30. Share price fell 2.7% to CN¥12.43 over the past week. Price Target Changed • Apr 06
Price target decreased to CN¥25.07 Down from CN¥30.07, the current price target is an average from 3 analysts. New target price is 73% above last closing price of CN¥14.45. Stock is up 44% over the past year. The company is forecast to post earnings per share of CN¥0.32 for next year compared to CN¥0.17 last year. Buying Opportunity • Mar 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be CN¥20.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% per annum over the last 3 years. Earnings per share has declined by 23% per annum over the last 3 years. Buying Opportunity • Mar 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be CN¥20.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% per annum over the last 3 years. Earnings per share has declined by 23% per annum over the last 3 years. Buying Opportunity • Jan 25
Now 23% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be CN¥27.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% per annum over the last 3 years. Earnings per share has declined by 23% per annum over the last 3 years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.085 (vs CN¥0.13 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥2.31b (down 27% from 3Q 2020). Net income: CN¥90.8m (down 26% from 3Q 2020). Profit margin: 3.9% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.068 (vs CN¥0.078 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥2.53b (up 65% from 2Q 2020). Net income: CN¥61.2m (down 2.8% from 2Q 2020). Profit margin: 2.4% (down from 4.1% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. Annuncio • Jun 02
Lianchuang Electronic Technology Co.,Ltd Announces Final Dividend on A Shares for the Year 2020, Payable on June 7, 2021 LianChuang Electronic Technology Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 0.15770100 on A shares for the year 2020. Record date is June 4, 2021. Ex-date is June 7, 2021. Payment date is June 7, 2021. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥12.17, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 49% over the past three years. Annuncio • Apr 29
LianChuang Electronic Technology Co., Ltd. Proposes Final Dividend for the Year 2020 LianChuang Electronic Technology Co., Ltd. proposed final cash dividend CNY 0.16 per 10 shares (tax included) for the year 2020. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.023 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥2.28b (up 134% from 1Q 2020). Net income: CN¥36.2m (up 50% from 1Q 2020). Profit margin: 1.6% (down from 2.5% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥11.50, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥10.00 The company is down 1.0% from its price of CN¥10.07 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥10.01 The company is down 7.0% from its price of CN¥10.72 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.13 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: CN¥3.15b (up 97% from 3Q 2019). Net income: CN¥122.6m (up 20% from 3Q 2019). Profit margin: 3.9% (down from 6.4% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year. Is New 90 Day High Low • Oct 28
New 90-day low: CN¥10.46 The company is down 9.0% from its price of CN¥11.48 on 30 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥10.66 The company is down 15% from its price of CN¥12.50 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 Electronic industry, which is up 6.0% over the same period. Annuncio • Aug 02
LianChuang Electronic Technology Co.,Ltd to Report First Half, 2020 Results on Aug 25, 2020 LianChuang Electronic Technology Co.,Ltd announced that they will report first half, 2020 results on Aug 25, 2020