Reported Earnings • Apr 23
Full year 2025 earnings released: CN¥0.61 loss per share (vs CN¥0.36 loss in FY 2024) Full year 2025 results: CN¥0.61 loss per share (further deteriorated from CN¥0.36 loss in FY 2024). Revenue: CN¥2.75b (down 7.5% from FY 2024). Net loss: CN¥227.8m (loss widened 70% from FY 2024). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annuncio • Apr 23
Sunsea AIoT Technology Co., Ltd., Annual General Meeting, May 13, 2026 Sunsea AIoT Technology Co., Ltd., Annual General Meeting, May 13, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annuncio • Mar 31
Sunsea AIoT Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Sunsea AIoT Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Annuncio • Dec 31
Sunsea AIoT Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026 Sunsea AIoT Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026 Reported Earnings • Oct 27
Third quarter 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.11 loss in 3Q 2024) Third quarter 2025 results: CN¥0.03 loss per share (improved from CN¥0.11 loss in 3Q 2024). Revenue: CN¥692.8m (down 1.0% from 3Q 2024). Net loss: CN¥11.3m (loss narrowed 73% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 30
Sunsea AIoT Technology Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Sunsea AIoT Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 New Risk • Sep 10
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 9.0% 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 • Aug 27
Second quarter 2025 earnings released: CN¥0.036 loss per share (vs CN¥0.077 loss in 2Q 2024) Second quarter 2025 results: CN¥0.036 loss per share (improved from CN¥0.077 loss in 2Q 2024). Revenue: CN¥701.6m (down 13% from 2Q 2024). Net loss: CN¥13.6m (loss narrowed 53% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. New Risk • Jul 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 6.9% 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 7.1% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Annuncio • Jul 02
Sunsea AIoT Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Sunsea AIoT Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Reported Earnings • Apr 22
First quarter 2025 earnings released: CN¥0.08 loss per share (vs CN¥0.024 loss in 1Q 2024) First quarter 2025 results: CN¥0.08 loss per share (further deteriorated from CN¥0.024 loss in 1Q 2024). Revenue: CN¥612.7m (down 24% from 1Q 2024). Net loss: CN¥29.9m (loss widened 229% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 31
Sunsea AIoT Technology Co., Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Sunsea AIoT Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 Annuncio • Mar 21
Sunsea AIoT Technology Co., Ltd., Annual General Meeting, Apr 11, 2025 Sunsea AIoT Technology Co., Ltd., Annual General Meeting, Apr 11, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Reported Earnings • Mar 21
Full year 2024 earnings released: CN¥0.36 loss per share (vs CN¥0.97 loss in FY 2023) Full year 2024 results: CN¥0.36 loss per share (improved from CN¥0.97 loss in FY 2023). Revenue: CN¥2.98b (up 5.2% from FY 2023). Net loss: CN¥133.7m (loss narrowed 63% from FY 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Annuncio • Dec 31
Sunsea AIoT Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025 Sunsea AIoT Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025 New Risk • Dec 18
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 11% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥300m free cash flow). Earnings have declined by 27% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.18 loss in 3Q 2023) Third quarter 2024 results: CN¥0.11 loss per share (improved from CN¥0.18 loss in 3Q 2023). Revenue: CN¥700.1m (down 6.8% from 3Q 2023). Net loss: CN¥41.4m (loss narrowed 39% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annuncio • Sep 30
Sunsea AIoT Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Sunsea AIoT Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 10
Second quarter 2024 earnings released: CN¥0.077 loss per share (vs CN¥0.092 loss in 2Q 2023) Second quarter 2024 results: CN¥0.077 loss per share (improved from CN¥0.092 loss in 2Q 2023). Revenue: CN¥805.7m (up 19% from 2Q 2023). Net loss: CN¥28.9m (loss narrowed 16% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Annuncio • Jun 29
Sunsea AIoT Technology Co., Ltd. to Report First Half, 2024 Results on Jul 31, 2024 Sunsea AIoT Technology Co., Ltd. announced that they will report first half, 2024 results on Jul 31, 2024 Annuncio • Mar 30
Sunsea AIoT Technology Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Sunsea AIoT Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Reported Earnings • Mar 30
Full year 2023 earnings released: CN¥0.97 loss per share (vs CN¥3.41 loss in FY 2022) Full year 2023 results: CN¥0.97 loss per share (improved from CN¥3.41 loss in FY 2022). Revenue: CN¥2.83b (down 16% from FY 2022). Net loss: CN¥364.5m (loss narrowed 71% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Annuncio • Mar 29
Sunsea AIoT Technology Co., Ltd., Annual General Meeting, Apr 18, 2024 Sunsea AIoT Technology Co., Ltd., Annual General Meeting, Apr 18, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annuncio • Dec 29
Sunsea AIoT Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024 Sunsea AIoT Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 29, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.18 loss per share (vs CN¥1.39 loss in 3Q 2022) Third quarter 2023 results: CN¥0.18 loss per share (improved from CN¥1.39 loss in 3Q 2022). Revenue: CN¥751.4m (down 12% from 3Q 2022). Net loss: CN¥67.6m (loss narrowed 87% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Annuncio • Sep 30
Sunsea AIoT Technology Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Sunsea AIoT Technology Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Sep 02
Second quarter 2023 earnings released: CN¥0.092 loss per share (vs CN¥0.73 loss in 2Q 2022) Second quarter 2023 results: CN¥0.092 loss per share (improved from CN¥0.73 loss in 2Q 2022). Revenue: CN¥679.1m (down 9.3% from 2Q 2022). Net loss: CN¥34.3m (loss narrowed 87% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Annuncio • Sep 01
Sunsea AIoT Technology Co., Ltd. Announces Executive Appointments Sunsea AIoT Technology Co., Ltd. at the Extraordinary General Meeting of 2023 on 28 August 2023, approved election of non-independent directors, cumulative voting system applicable: Xue Jian, Li Hongbin and Xiao Jianbo; Election of independent directors, cumulative voting system applicable: Huang Haiming, Zhao Guangyu and Liu Jiangping. Buying Opportunity • Jul 11
Now 22% undervalued Over the last 90 days, the stock is up 20%. The fair value is estimated to be CN¥11.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jun 15
Now 23% undervalued Over the last 90 days, the stock is up 45%. The fair value is estimated to be CN¥11.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Apr 29
Now 20% undervalued Over the last 90 days, the stock is up 47%. The fair value is estimated to be CN¥11.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 19
Full year 2022 earnings released: CN¥3.41 loss per share (vs CN¥0.43 loss in FY 2021) Full year 2022 results: CN¥3.41 loss per share (further deteriorated from CN¥0.43 loss in FY 2021). Revenue: CN¥3.36b (down 29% from FY 2021). Net loss: CN¥1.28b (loss widened CN¥1.11b from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent 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. 2 independent directors (3 non-independent directors). Non-Independent Director Yuxiang Yang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2022 earnings released: CN¥1.39 loss per share (vs CN¥0.01 profit in 3Q 2021) Third quarter 2022 results: CN¥1.39 loss per share (down from CN¥0.01 profit in 3Q 2021). Revenue: CN¥857.6m (down 18% from 3Q 2021). Net loss: CN¥521.5m (down CN¥525.2m from profit in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 29 percentage points per year, which is a significant difference in performance. Board Change • May 31
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Independent Director Yuxiang Yang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • May 07
Sunsea AIoT Technology Co., Ltd., Annual General Meeting, May 20, 2022 Sunsea AIoT Technology Co., Ltd., Annual General Meeting, May 20, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; to consider Connected transaction regarding 2022 application for loan quota to a company; to consider 2022 estimated external guarantee quota; to consider Amendments to the articles of associations of the Company; to consider Amendments to the rules of procedure governing the board meetings; and to consider any other matters. Reported Earnings • May 02
Full year 2021 earnings released: EPS: CN¥0.06 (vs CN¥1.59 loss in FY 2020) Full year 2021 results: EPS: CN¥0.06 (up from CN¥1.59 loss in FY 2020). Revenue: CN¥4.68b (up 24% from FY 2020). Net income: CN¥22.3m (up CN¥568.9m from FY 2020). Profit margin: 0.5% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Annuncio • May 02
Sunsea AIoT Technology Co., Ltd. to Report Fiscal Year 2021 Results on Apr 30, 2022 Sunsea AIoT Technology Co., Ltd. announced that they will report fiscal year 2021 results on Apr 30, 2022 Board Change • Dec 03
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Independent Director Yuxiang Yang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.08 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥1.04b (down 1.3% from 3Q 2020). Net income: CN¥3.69m (up CN¥33.5m from 3Q 2020). Profit margin: 0.4% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.12 loss in 2Q 2020) The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: CN¥1.19b (flat on 2Q 2020). Net income: CN¥7.50m (up CN¥44.6m from 2Q 2020). Profit margin: 0.6% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Annuncio • Jun 01
An unknown buyer agreed to acquire IDC Centre from Sunsea AIoT Technology Co., Ltd. (SZSE:002313) for approximately CNY 255 million. An unknown buyer agreed to acquire IDC Centre from Sunsea AIoT Technology Co., Ltd. (SZSE:002313) for approximately CNY 255 million on May 31, 2021. Reported Earnings • Apr 28
Full year 2020 earnings released: CN¥1.59 loss per share (vs CN¥0.25 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥3.78b (down 19% from FY 2019). Net loss: CN¥546.6m (down CN¥624.8m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Annuncio • Mar 09
Sunsea AIoT Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 23, 2021 Sunsea AIoT Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 23, 2021 Is New 90 Day High Low • Jan 25
New 90-day low: CN¥10.31 The company is down 29% from its price of CN¥14.59 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥10.69 The company is down 31% from its price of CN¥15.43 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 Communications industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥13.42 The company is down 17% from its price of CN¥16.16 on 11 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 Communications industry, which is down 7.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥87.8m, with earnings decreasing by CN¥137.2m from the prior year. Total revenue was CN¥4.13b over the last 12 months, down 20% from the prior year. Annuncio • Oct 20
Sunsea AIoT Technology Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Sunsea AIoT Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Is New 90 Day High Low • Oct 15
New 90-day low: CN¥15.17 The company is down 15% from its price of CN¥17.80 on 17 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥15.94 The company is down 16% from its price of CN¥18.88 on 24 June 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is flat over the same period. Annuncio • Sep 04
Zhuhai Rundatai Investment Partnership Enterprise (Limited Partnership) completed the acquisition of additional 5.67% stake in Sunsea AIoT Technology Co., Ltd. (SZSE:002313) from Shanghai Runliangtai IOT Technology Partnership Enterprise (Limited Partnership). Zhuhai Rundatai Investment Partnership Enterprise (Limited Partnership) agreed to acquire additional 5.67% stake in Sunsea AIoT Technology Co., Ltd. (SZSE:002313) from Shanghai Runliangtai IOT Technology Partnership Enterprise (Limited Partnership) for approximately CNY 340 million on August 11, 2020. Zhuhai Rundatai Investment Partnership Enterprise (Limited Partnership) will acquire 77 million shares at a price of CNY 16.11 per share. After the acquisition Zhuhai Rundatai Investment Partnership Enterprise (Limited Partnership) holds 26.24% stake in Sunsea AIoT Technology Co., Ltd. The transaction price should be paid to Shanghai Runliangtai IOT Technology Partnership Enterprise (Limited Partnership) within one month after completion of the transaction.
Zhuhai Rundatai Investment Partnership Enterprise (Limited Partnership) completed the acquisition of additional 5.67% stake in Sunsea AIoT Technology Co., Ltd. (SZSE:002313) from Shanghai Runliangtai IOT Technology Partnership Enterprise (Limited Partnership) on August 28, 2020. The controlling shareholder and actual controller of Sunsea AIoT Technology have not changed, the controlling shareholder is still Zhuhai Rundatai Investment Partnership Enterprise (Limited Partnership) and the actual controller is still Xue Jian. Annuncio • Aug 02
Sunsea AIoT Technology Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Sunsea AIoT Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020