New Risk • May 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.15 in FY 2024) Full year 2025 results: EPS: CN¥0.24 (up from CN¥0.15 in FY 2024). Revenue: CN¥1.65b (up 27% from FY 2024). Net income: CN¥54.0m (up 60% from FY 2024). Profit margin: 3.3% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Apr 28
Zhejiang Viewshine Intelligent Meter Co.,Ltd, Annual General Meeting, May 20, 2026 Zhejiang Viewshine Intelligent Meter Co.,Ltd, Annual General Meeting, May 20, 2026, at 13:30 China Standard Time. Location: 12F, Building 1, No. 366-1, Xiangyun Road, Liangzhu Subdistrict, Hangzhou, Zhejiang China Board Change • Apr 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Non-Independent Director Zhiying Zhu was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Mar 31
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 Annuncio • Dec 31
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report Fiscal Year 2025 Results on Apr 28, 2026 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.089 (vs CN¥0.12 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.089 (down from CN¥0.12 in 3Q 2024). Revenue: CN¥496.6m (up 64% from 3Q 2024). Net income: CN¥19.6m (down 27% from 3Q 2024). Profit margin: 4.0% (down from 8.9% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. New Risk • Oct 16
New major risk - Revenue and earnings growth Earnings have declined by 15% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Annuncio • Sep 30
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report Q3, 2025 Results on Oct 28, 2025 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 5.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.043 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.12 (up from CN¥0.043 in 2Q 2024). Revenue: CN¥428.7m (up 22% from 2Q 2024). Net income: CN¥24.9m (up 103% from 2Q 2024). Profit margin: 5.8% (up from 3.5% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Annuncio • Jul 02
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report First Half, 2025 Results on Aug 28, 2025 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • May 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.5% Last year net profit margin: 4.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin). Reported Earnings • Apr 29
Full year 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in FY 2023) Full year 2024 results: EPS: CN¥0.15 (in line with FY 2023). Revenue: CN¥1.30b (up 4.3% from FY 2023). Net income: CN¥33.6m (down 1.0% from FY 2023). Profit margin: 2.6% (down from 2.7% in FY 2023). 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 30% per year, which means it is well ahead of earnings. Annuncio • Apr 29
Zhejiang Viewshine Intelligent Meter Co.,Ltd, Annual General Meeting, May 19, 2025 Zhejiang Viewshine Intelligent Meter Co.,Ltd, Annual General Meeting, May 19, 2025, at 13:30 China Standard Time. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥12.84, the stock trades at a trailing P/E ratio of 76.4x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 50% over the past three years. Annuncio • Mar 31
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Annuncio • Dec 31
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report fiscal year 2024 results on Apr 29, 2025 Board Change • Dec 01
Insufficient new directors 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. 2 highly experienced directors. Employee Supervisor Shaoping Lin was the last 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: Insufficient board refreshment. New Risk • Nov 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 10% 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 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥11.85, the stock trades at a trailing P/E ratio of 67.1x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 31% over the past three years. Annuncio • Sep 30
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥12.23, the stock trades at a trailing P/E ratio of 69.3x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 41% over the past three years. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.043 (vs CN¥0.13 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.043 (down from CN¥0.13 in 2Q 2023). Revenue: CN¥352.4m (up 29% from 2Q 2023). Net income: CN¥12.2m (down 53% from 2Q 2023). Profit margin: 3.5% (down from 9.5% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annuncio • Jun 29
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report First Half, 2024 Results on Aug 20, 2024 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report first half, 2024 results on Aug 20, 2024 Declared Dividend • May 31
Dividend of CN¥0.04 announced Shareholders will receive a dividend of CN¥0.04. Ex-date: 4th June 2024 Payment date: 4th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 13%. Annuncio • May 30
Zhejiang Viewshine Intelligent Meter Co.,Ltd Announces Final Dividend on A Shares for the Year 2023, Payable on June 4, 2024 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 0.40000000 on A shares for the year 2023. Record date is June 3, 2024. Ex-date is June 4, 2024. Payment date is June 4, 2024. Annuncio • Apr 27
Zhejiang Viewshine Intelligent Meter Co.,Ltd Proposes Final Cash Dividend for the Year 2023 Zhejiang Viewshine Intelligent Meter Co.,Ltd proposed final cash dividend/10 shares (tax included) of CNY 0.40000000 for the year 2023. Annuncio • Apr 26
Zhejiang Viewshine Intelligent Meter Co.,Ltd, Annual General Meeting, May 17, 2024 Zhejiang Viewshine Intelligent Meter Co.,Ltd, Annual General Meeting, May 17, 2024, at 13:30 China Standard Time. Location: 12F, Building 1, No. 366-1, Xiangyun Road, Liangzhu Subdistrict, Hangzhou, Zhejiang China Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.036 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.036 in 1Q 2023). Revenue: CN¥323.3m (down 5.9% from 1Q 2023). Net income: CN¥27.0m (up 221% from 1Q 2023). Profit margin: 8.4% (up from 2.4% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥11.84, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 39% over the past three years. Annuncio • Mar 30
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report Q1, 2024 Results on Apr 25, 2024 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report Q1, 2024 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥17.38, the stock trades at a trailing P/E ratio of 58.4x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 110% over the past three years. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥13.69, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥11.59, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥15.01, the stock trades at a trailing P/E ratio of 50.4x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 98% over the past three years. Annuncio • Dec 29
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report Fiscal Year 2023 Results on Apr 25, 2024 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report fiscal year 2023 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥20.77, the stock trades at a trailing P/E ratio of 69.8x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 107% over the past three years. New Risk • Nov 02
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.15 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.13. Revenue: CN¥361.2m (up 24% from 3Q 2022). Net income: CN¥28.9m (up 2.7% from 3Q 2022). Profit margin: 8.0% (down from 9.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Annuncio • Sep 30
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.097 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.097 in 2Q 2022). Revenue: CN¥272.5m (up 12% from 2Q 2022). Net income: CN¥25.8m (up 44% from 2Q 2022). Profit margin: 9.5% (up from 7.3% in 2Q 2022). The increase in margin was driven by higher revenue. 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 10% per year, which means it is well ahead of earnings. New Risk • Jul 26
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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (19% increase in shares outstanding). Annuncio • Jul 01
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report First Half, 2023 Results on Aug 25, 2023 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report first half, 2023 results on Aug 25, 2023 Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥18.71, the stock trades at a trailing P/E ratio of 72.4x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 93% over the past three years. Annuncio • May 24
Zhejiang Viewshine Intelligent Meter Co.,Ltd Approves Cash Dividend for 2022 Zhejiang Viewshine Intelligent Meter Co.,Ltd approved cash dividend of CNY 0.40000000 per 10 shares (tax included) for 2022, at its Annual General Meeting of 2022 on 19 May 2023. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.082 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.05 (down from CN¥0.082 in 1Q 2022). Revenue: CN¥343.7m (up 101% from 1Q 2022). Net income: CN¥8.42m (down 23% from 1Q 2022). Profit margin: 2.4% (down from 6.4% in 1Q 2022). The decrease in margin was driven by higher expenses. 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 16% per year, which means it is well ahead of earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Non-Employee Supervisor Haiming Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥18.34, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 36x in the Electronic industry in China. Total returns to shareholders of 34% over the past three years. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.12 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.21 (up from CN¥0.12 in 3Q 2021). Revenue: CN¥292.2m (up 3.2% from 3Q 2021). Net income: CN¥28.1m (up 76% from 3Q 2021). Profit margin: 9.6% (up from 5.7% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.19 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.19 in 2Q 2021). Revenue: CN¥244.1m (down 22% from 2Q 2021). Net income: CN¥17.9m (down 31% from 2Q 2021). Profit margin: 7.3% (down from 8.3% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year. Annuncio • Jul 01
Zhejiang Viewshine Intelligent Meter Co.,Ltd Proposes Final Dividend for the Year 2021, Payable on 6 July 2022 Zhejiang Viewshine Intelligent Meter Co.,Ltd proposed a final dividend (tax included) of CNY 0.5 per ten share for the year 2021, payable on 6 July 2022. Record date is 5 July 2022. Ex date is 6 July 2022. Annuncio • May 24
Zhejiang Viewshine Intelligent Meter Co.,Ltd Approves Cash Dividend for 2021 Zhejiang Viewshine Intelligent Meter Co.,Ltd approved Cash dividend/10 shares (tax included): CNY 0.50000000 for 2021, at its Annual General Meeting of 2021 on 20 May 2022. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.082 (vs CN¥0.085 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.082 (down from CN¥0.085 in 1Q 2021). Revenue: CN¥170.9m (down 45% from 1Q 2021). Net income: CN¥10.9m (down 1.8% from 1Q 2021). Profit margin: 6.4% (up from 3.5% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Non-Employee Supervisor Haiming Li is the most experienced director on the board, commencing their role in 2021. 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 • Apr 14
Full year 2021 earnings released: EPS: CN¥0.41 (vs CN¥0.64 in FY 2020) Full year 2021 results: EPS: CN¥0.41 (down from CN¥0.64 in FY 2020). Revenue: CN¥1.15b (down 4.4% from FY 2020). Net income: CN¥54.4m (down 35% from FY 2020). Profit margin: 4.7% (down from 7.0% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥15.27, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 3.0% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.16 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥283.1m (down 19% from 3Q 2020). Net income: CN¥16.0m (down 24% from 3Q 2020). Profit margin: 5.7% (down from 6.0% in 3Q 2020). The decrease in margin was driven by lower revenue. 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 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.19 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥311.5m (down 1.0% from 2Q 2020). Net income: CN¥25.9m (up 4.8% from 2Q 2020). Profit margin: 8.3% (up from 7.9% in 2Q 2020). 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 5% per year, which means it is significantly lagging earnings. Annuncio • May 21
Zhejiang Viewshine Intelligent Meter Co.,Ltd Announces Cash Dividend for the Year 2020 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced cash dividend/10 shares (tax included) of CNY 0.50000000 per share for the year 2020. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥12.99, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 38% over the past three years. Annuncio • Apr 29
Zhejiang Viewshine Intelligent Meter Co.,Ltd Proposes Final Cash Dividend for the Year 2020 Zhejiang Viewshine Intelligent Meter Co.,Ltd proposed final Cash dividend/10 shares (tax included): CNY 0.50000000 for the year 2020. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.085 (vs CN¥0.11 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥313.2m (up 22% from 1Q 2020). Net income: CN¥11.1m (down 25% from 1Q 2020). Profit margin: 3.5% (down from 5.7% in 1Q 2020). The decrease in margin was driven by higher expenses. 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 14% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥10.42 The company is down 28% from its price of CN¥14.51 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥10.46 The company is down 30% from its price of CN¥14.86 on 15 October 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 6.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥12.13 The company is down 17% from its price of CN¥14.70 on 25 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 Electronic industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: CN¥14.00 The company is down 10.0% from its price of CN¥15.53 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period. Is New 90 Day High Low • Nov 13
New 90-day low: CN¥14.20 The company is down 3.0% from its price of CN¥14.67 on 14 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% 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¥70.5m, largely unchanged from the prior year. Total revenue was CN¥1.18b over the last 12 months, up 14% from the prior year. Is New 90 Day High Low • Sep 18
New 90-day high: CN¥15.54 The company is up 13% from its price of CN¥13.75 on 19 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 11% over the same period. Annuncio • Aug 10
Zhejiang Viewshine Intelligent Meter Co.,Ltd to Report First Half, 2020 Results on Aug 26, 2020 Zhejiang Viewshine Intelligent Meter Co.,Ltd announced that they will report first half, 2020 results on Aug 26, 2020