New Risk • May 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Annuncio • Apr 28
Guangdong Shenglu Telecommunication Tech. Co., Ltd., Annual General Meeting, May 19, 2026 Guangdong Shenglu Telecommunication Tech. Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Annuncio • Mar 31
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Jan 14
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 7.4% 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 38% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Annuncio • Dec 31
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.02 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.03 (up from CN¥0.02 in 3Q 2024). Revenue: CN¥327.9m (up 21% from 3Q 2024). Net income: CN¥26.5m (up 57% from 3Q 2024). Profit margin: 8.1% (up from 6.2% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Annuncio • Sep 30
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 08
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Annuncio • Jul 02
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.04 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2024). Revenue: CN¥279.0m (flat on 1Q 2024). Net income: CN¥25.1m (down 27% from 1Q 2024). Profit margin: 9.0% (down from 12% in 1Q 2024). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Annuncio • Apr 23
Guangdong Shenglu Telecommunication Tech. Co., Ltd., Annual General Meeting, May 20, 2025 Guangdong Shenglu Telecommunication Tech. Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Annuncio • Mar 31
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 Buy Or Sell Opportunity • Jan 24
Now 22% overvalued Over the last 90 days, the stock has fallen 15% to CN¥5.91. The fair value is estimated to be CN¥4.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Annuncio • Dec 31
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.017 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.017 in 3Q 2023). Revenue: CN¥270.6m (up 14% from 3Q 2023). Net income: CN¥16.9m (up 11% from 3Q 2023). Profit margin: 6.2% (down from 6.4% in 3Q 2023). Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 30
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Buy Or Sell Opportunity • Sep 30
Now 30% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to CN¥6.65. The fair value is estimated to be CN¥5.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥0.08 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.014 (down from CN¥0.08 in 2Q 2023). Revenue: CN¥283.7m (down 28% from 2Q 2023). Net income: CN¥15.2m (down 80% from 2Q 2023). Profit margin: 5.4% (down from 19% in 2Q 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to CN¥5.75. The fair value is estimated to be CN¥7.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 124% in 2 years. Earnings are forecast to grow by 2,689% in the next 2 years. Annuncio • Jun 29
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Annuncio • Apr 28
Guangdong Shenglu Telecommunication Tech. Co., Ltd., Annual General Meeting, May 21, 2024 Guangdong Shenglu Telecommunication Tech. Co., Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Agenda: To consider and approve the 2023 business report; to consider and approve the audit committee report; to consider and approve the private placement of shares; to consider and approve the business report and financial statements; to consider and approve the appropriation of profit and loss; to consider and approve the profit distribution plan; to consider and approve the amendments in the articles of association; and to consider and approve any other matters. New Risk • Apr 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 61% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin). Reported Earnings • Apr 26
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.06 (down from CN¥0.27 in FY 2022). Revenue: CN¥1.19b (down 17% from FY 2022). Net income: CN¥52.4m (down 79% from FY 2022). Profit margin: 4.4% (down from 17% in FY 2022). Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 81%. Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥7.37, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 29x in the Communications industry in China. Total returns to shareholders of 28% over the past three years. Annuncio • Mar 30
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥7.06, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Communications industry in China. Total returns to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥5.69, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Communications industry in China. Total returns to shareholders of 7.0% over the past three years. Annuncio • Dec 29
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Nov 27
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 6.2% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 30
Third quarter 2023 earnings released: EPS: CN¥0.017 (vs CN¥0.07 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.017 (down from CN¥0.07 in 3Q 2022). Revenue: CN¥236.3m (down 31% from 3Q 2022). Net income: CN¥15.2m (down 78% from 3Q 2022). Profit margin: 6.4% (down from 20% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥10.83, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 31x in the Communications industry in China. Total returns to shareholders of 42% over the past three years. Annuncio • Sep 14
Guangdong Shenglu Telecommunication Tech. Co., Ltd. Elects Li Gang as Non-Employee Supervisor Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that the company held its 2nd Extraordinary General Meeting of 2023 on 11 September 2023, during which Li Gang was elected as non-employee supervisor. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.07 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.08 (up from CN¥0.07 in 2Q 2022). Revenue: CN¥392.9m (up 7.7% from 2Q 2022). Net income: CN¥75.0m (up 22% from 2Q 2022). Profit margin: 19% (up from 17% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.07 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.08 (up from CN¥0.07 in 1Q 2022). Revenue: CN¥345.4m (down 9.1% from 1Q 2022). Net income: CN¥73.3m (up 18% from 1Q 2022). Profit margin: 21% (up from 16% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Member of Shareholder Representative Supervisor Yuan Jianping is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.015 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.015 in 3Q 2021). Revenue: CN¥341.0m (up 44% from 3Q 2021). Net income: CN¥68.6m (up 414% from 3Q 2021). Profit margin: 20% (up from 5.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Sep 09
Now 21% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be CN¥9.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.3% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.045 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.045 loss in 2Q 2021). Revenue: CN¥364.7m (up 86% from 2Q 2021). Net income: CN¥61.4m (up CN¥101.9m from 2Q 2021). Profit margin: 17% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 32%, compared to a 33% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annuncio • Jul 27
Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that it expects to receive CNY 699.999997 million in funding Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced a private placement of 117,449,664 shares at a price of CNY 5.96 per unit for gross proceeds not exceeding CNY 700,000,000 on July 25, 2022. The transaction includes participation from individual investor Mr. Yang Hua. The pricing base date of this issuance is the announcement date of the resolutions of the 19th meeting of the fifth session of the board of directors of the company. The price of this non-public offering of shares shall not be lower than 80% of the average trading price of the company's shares in the 20 trading days prior to the pricing benchmark date. The total amount raised shall not exceed 30% of the company's total share capital before this non-public offering. The securities are restricted to transfer for 18 months from the date of the end of the offering. The transaction has been approved by the 19th meeting of the 5th board of directors, and still needs to be submitted to the company's general meeting of shareholders for consideration and approval , and can only be implemented after the approval of the China Securities Regulatory Commission. After obtaining the approval of the China Securities Regulatory Commission, the company will apply to the Shenzhen Stock Exchange and China Securities Depository and Clearing Co., Ltd. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.05 in 1Q 2021). Revenue: CN¥380.0m (up 58% from 1Q 2021). Net income: CN¥62.1m (up 49% from 1Q 2021). Profit margin: 16% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 514%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Member of Shareholder Representative Supervisor Yuan Jianping is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 25
Third quarter 2021 earnings released The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥236.6m (down 10% from 3Q 2020). Net income: CN¥13.3m (down 90% from 3Q 2020). Profit margin: 5.6% (down from 52% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Aug 26
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥196.5m (down 38% from 2Q 2020). Net loss: CN¥40.5m (down 214% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% 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. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥6.89, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 47x in the Communications industry in China. Total returns to shareholders of 7.8% over the past three years. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥0.20 (vs CN¥0.87 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.15b (down 14% from FY 2019). Net income: CN¥181.2m (up CN¥937.7m from FY 2019). Profit margin: 16% (up from net loss in FY 2019). 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 71 percentage points per year, which is a significant difference in performance. Annuncio • Mar 04
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report Fiscal Year 2020 Results on Apr 16, 2021 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report fiscal year 2020 results on Apr 16, 2021 Is New 90 Day High Low • Jan 25
New 90-day low: CN¥6.06 The company is down 16% from its price of CN¥7.20 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 • Dec 09
New 90-day low: CN¥7.03 The company is down 11% from its price of CN¥7.92 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 Communications industry, which is down 5.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥708.8m, with earnings decreasing by CN¥829.3m from the prior year. Total revenue was CN¥1.15b over the last 12 months, down 20% from the prior year. Annuncio • Sep 16
Luo Jianping and Guo Yiqin agreed to acquire Shenzhen Hazens Automotive Electronics Co., Ltd. from Guangdong Shenglu Telecommunication Tech. Co., Ltd. (SZSE:002446) for approximately CNY 570 million. Luo Jianping and Guo Yiqin agreed to acquire Shenzhen Hazens Automotive Electronics Co., Ltd. from Guangdong Shenglu Telecommunication Tech. Co., Ltd. (SZSE:002446) for approximately CNY 480 million on May 18, 2020. As per terms of the consideration, CNY 24 million will be paid within 10 days from the date of entry into force of the agreement, CNY 24 million will be paid within 10 days after the completion of the delivery of Shenzhen Hazens Automotive Electronics equity, CNY 72 million will be paid before December 31, 2020, for Shenzhen Hazens Automotive Electronics debt, CNY 180 million will be paid before June 30, 2021, for subject creditor's right transfer and before December 31, 2021, the final price of the final bid which is the remaining subject creditor ’s rights transfer and performance compensation commitments, totaling CNY 180 million will be paid. In a transaction, Luo Jianping will acquire 55% stake and Guo Yiqin will acquire 45% stake. For the year ended December 31, 2019, Shenzhen Hazens Automotive Electronics Co., Ltd. reported total assets of CNY 836.7 million, net assets of CNY 6.8 million, operating revenues of CNY 334.6 million, operating loss of CNY 188.6 million and net loss of CNY 159.2 million. The transaction is approved by the 21st meeting of the 4th board of directors of Guangdong Shenglu Telecommunication Tech. Co., Ltd. Annuncio • Jul 24
Guangdong Shenglu Telecommunication Tech. Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Guangdong Shenglu Telecommunication Tech. Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020 