New Risk • May 29
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 10% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Large one-off items impacting financial results. Annuncio • May 29
Shenzhenjingquanhua Electronics Co.,Ltd. Announces Final Cash Dividend of the Year 2025 of A Shares, Payable on 01 June 2026 ShenzhenJingQuanHua Electronics Co.,Ltd. announced final cash dividend/10 shares (tax included) of CNY 0.35000000 for year 2025 of A shares. Record date is 29 May 2026. Ex-date is 01 June 2026. Payment date is 01 June 2026. New Risk • May 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% 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 Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results. Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.11 (vs CN¥0.067 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.11 (up from CN¥0.067 in 1Q 2025). Revenue: CN¥841.6m (up 6.1% from 1Q 2025). Net income: CN¥30.8m (up 69% from 1Q 2025). Profit margin: 3.7% (up from 2.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Annuncio • Apr 25
ShenzhenJingQuanHua Electronics Co.,Ltd., Annual General Meeting, May 19, 2026 ShenzhenJingQuanHua Electronics Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: Building 1, No. 10, Pingqiao Road, Pingdi Subdistrict, Longgang District, Shenzhen, Guangdong China Annuncio • Mar 31
ShenzhenJingQuanHua Electronics Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026 ShenzhenJingQuanHua Electronics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Annuncio • Dec 31
ShenzhenJingQuanHua Electronics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 ShenzhenJingQuanHua Electronics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 New Risk • Nov 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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 Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.02 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.02 in 3Q 2024). Revenue: CN¥876.1m (up 14% from 3Q 2024). Net income: CN¥30.6m (up 478% from 3Q 2024). Profit margin: 3.5% (up from 0.7% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. New Risk • Oct 16
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 7.5% 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: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Annuncio • Sep 30
ShenzhenJingQuanHua Electronics Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 ShenzhenJingQuanHua Electronics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 51% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: CN¥0.085 (vs CN¥0.10 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.085 (down from CN¥0.10 in 2Q 2024). Revenue: CN¥930.8m (up 25% from 2Q 2024). Net income: CN¥23.1m (down 18% from 2Q 2024). Profit margin: 2.5% (down from 3.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Annuncio • Jul 02
ShenzhenJingQuanHua Electronics Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 ShenzhenJingQuanHua Electronics Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Board Change • Jun 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Jingyu Yang was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • May 28
Dividend increased to CN¥0.022 Dividend of CN¥0.022 is 57% higher than last year. Ex-date: 30th May 2025 Payment date: 30th May 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 6%. Reported Earnings • Apr 28
First quarter 2025 earnings released: EPS: CN¥0.067 (vs CN¥0.033 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.067 (up from CN¥0.033 in 1Q 2024). Revenue: CN¥793.1m (up 36% from 1Q 2024). Net income: CN¥18.2m (up 105% from 1Q 2024). Profit margin: 2.3% (up from 1.5% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annuncio • Apr 26
ShenzhenJingQuanHua Electronics Co.,Ltd., Annual General Meeting, May 16, 2025 ShenzhenJingQuanHua Electronics Co.,Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: Building 1, No. 10, Pingqiao Road, Pingdi Subdistrict, Longgang District, Shenzhen, Guangdong China Buy Or Sell Opportunity • Apr 09
Now 21% overvalued Over the last 90 days, the stock has fallen 25% to CN¥11.41. The fair value is estimated to be CN¥9.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 14%. Annuncio • Mar 31
ShenzhenJingQuanHua Electronics Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 ShenzhenJingQuanHua Electronics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 New Risk • Mar 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 8.4% 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: Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Annuncio • Jan 22
ShenzhenJingQuanHua Electronics Co.,Ltd. Approves By-Election of Independent Directors ShenzhenJingQuanHua Electronics Co.,Ltd. announced at the EGM held on January 20, 2025, approved by-election of Yang Jingyu and Wu Xinke as independent director. Annuncio • Dec 31
ShenzhenJingQuanHua Electronics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 ShenzhenJingQuanHua Electronics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.031 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.02 (down from CN¥0.031 in 3Q 2023). Revenue: CN¥769.8m (up 30% from 3Q 2023). Net income: CN¥5.29m (down 32% from 3Q 2023). Profit margin: 0.7% (down from 1.3% in 3Q 2023). 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 12% per year, which means it is well ahead of earnings. Annuncio • Sep 30
ShenzhenJingQuanHua Electronics Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 ShenzhenJingQuanHua Electronics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.035 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.035 in 2Q 2023). Revenue: CN¥745.3m (up 20% from 2Q 2023). Net income: CN¥28.2m (up 192% from 2Q 2023). Profit margin: 3.8% (up from 1.6% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 29
ShenzhenJingQuanHua Electronics Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024 ShenzhenJingQuanHua Electronics Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Declared Dividend • May 30
Dividend of CN¥0.014 announced Shareholders will receive a dividend of CN¥0.014. Ex-date: 4th June 2024 Payment date: 4th June 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.8%. Annuncio • May 29
ShenzhenJingQuanHua Electronics Co.,Ltd. Announces Implementation of Final A Share Cash Dividend for 2023, Payable on 04 June 2024 ShenzhenJingQuanHua Electronics Co.,Ltd. announced implementation of final cash dividend (tax included) of CNY 0.14000000 per 10 A shares for 2023. Record date is 03 June 2024 with Ex-date on 04 June 2024 and Payment date on 04 June 2024. Net cash dividend per 10 shares after tax: CNY 0.12600000 (CNY 0.14000000- CNY 0.01400000). Annuncio • Apr 29
ShenzhenJingQuanHua Electronics Co.,Ltd., Annual General Meeting, May 17, 2024 ShenzhenJingQuanHua Electronics Co.,Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: Building 1, No. 10, Pingqiao Road, Pingdi Subdistrict, Longgang District, Shenzhen, Guangdong China Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.57 in FY 2022) Full year 2023 results: EPS: CN¥0.13 (down from CN¥0.57 in FY 2022). Revenue: CN¥2.59b (flat on FY 2022). Net income: CN¥34.2m (down 76% from FY 2022). Profit margin: 1.3% (down from 5.5% in FY 2022). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥10.94, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years. Annuncio • Mar 30
ShenzhenJingQuanHua Electronics Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 ShenzhenJingQuanHua Electronics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥13.00, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 35x in the Electronic industry in China. Total returns to shareholders of 54% over the past three years. Annuncio • Feb 20
ShenzhenJingQuanHua Electronics Co.,Ltd. (SZSE:002885) announces an Equity Buyback for CNY 40 million worth of its shares. ShenzhenJingQuanHua Electronics Co.,Ltd. (SZSE:002885) announces a share repurchase program. Under the program, the company will repurchase its own shares for a total of CNY 40 million. The shares will be purchased at a price not exceeding CNY 22.21 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive plan. The program will be valid for 12 months. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥12.03, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 36x in the Electronic industry in China. Total returns to shareholders of 44% over the past three years. Annuncio • Dec 29
ShenzhenJingQuanHua Electronics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 ShenzhenJingQuanHua Electronics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 New Risk • Nov 23
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 8.4% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (8.4% increase in shares outstanding). New Risk • Oct 31
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: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (8.4% increase in shares outstanding). Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.031 (vs CN¥0.24 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.031 (down from CN¥0.24 in 3Q 2022). Revenue: CN¥591.5m (down 13% from 3Q 2022). Net income: CN¥7.72m (down 87% from 3Q 2022). Profit margin: 1.3% (down from 8.9% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥20.87, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 43x in the Electronic industry in China. Total returns to shareholders of 75% over the past three years. New Risk • Oct 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 6.3% 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: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Shareholders have been diluted in the past year (8.4% increase in shares outstanding). Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.035 (vs CN¥0.18 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.035 (down from CN¥0.18 in 2Q 2022). Revenue: CN¥620.1m (down 5.7% from 2Q 2022). Net income: CN¥9.65m (down 78% from 2Q 2022). Profit margin: 1.6% (down from 6.8% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 01
Shenzhen JingQuanHua Electronics Co.,Ltd. to Report First Half, 2023 Results on Aug 24, 2023 Shenzhen JingQuanHua Electronics Co.,Ltd. announced that they will report first half, 2023 results on Aug 24, 2023 Annuncio • May 20
Shenzhen JingQuanHua Electronics Co.,Ltd. Approves Cash Dividend for the Year 2022, Payable on 26 May 2023 Shenzhen JingQuanHua Electronics Co.,Ltd. announced at Annual General Meeting of 2022 held on 16 May 2023, the shareholders approved cash dividend of CNY 1.00000000 per ten shares (tax included) for the year 2022. Record date is 25 May 2023; Ex-date is 26 May 2023; Payment date is 26 May 2023. Reported Earnings • Apr 23
Full year 2022 earnings released: EPS: CN¥0.79 (vs CN¥0.11 in FY 2021) Full year 2022 results: EPS: CN¥0.79 (up from CN¥0.11 in FY 2021). Revenue: CN¥2.58b (up 35% from FY 2021). Net income: CN¥142.4m (up CN¥122.4m from FY 2021). Profit margin: 5.5% (up from 1.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 04
Full year 2022 earnings released: EPS: CN¥0.81 (vs CN¥0.11 in FY 2021) Full year 2022 results: EPS: CN¥0.81. Revenue: CN¥257.4k (down 100% from FY 2021). Net income: CN¥14.4k (down 100% from FY 2021). Profit margin: 5.6% (up from 1.0% in FY 2021). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥35.14, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 96% over the past three years. 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. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xiuqin Dong 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. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥33.66, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 36x in the Electronic industry in China. Total returns to shareholders of 105% over the past three years. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.089 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.089 in 3Q 2021). Revenue: CN¥675.9m (up 25% from 3Q 2021). Net income: CN¥60.4m (up 279% from 3Q 2021). Profit margin: 8.9% (up from 2.9% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 17
Shenzhen JingQuanHua Electronics Co.,Ltd. announced that it has received CNY 435.5 million in funding Shenzhen JingQuanHua Electronics Co.,Ltd. announced that it will issue common shares for gross proceeds of up to CNY 435,500,000 on August 16, 2022. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.056 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.25 (up from CN¥0.056 in 2Q 2021). Revenue: CN¥657.3m (up 47% from 2Q 2021). Net income: CN¥44.6m (up 308% from 2Q 2021). Profit margin: 6.8% (up from 2.4% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Annuncio • Jun 16
Shenzhen JingQuanHua Electronics Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 21, 2022 Shenzhen JingQuanHua Electronics Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares), Payable on June 21, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 0.30000000. The record date is June 20, 2022 and Ex-date is June 21, 2022. Annuncio • May 19
Shenzhen Jingquanhua Electronics Co.,Ltd. Approves Final Cash Dividend for the Year 2021 Shenzhen JingQuanHua Electronics Co.,Ltd. announced that at its Annual General Meeting of 2021 on 17 May 2022, approved the Cash dividend/10 shares (tax included) of CNY 0.30000000 for the year 2021. Annuncio • May 14
Shenzhen JingQuanHua Electronics Co.,Ltd. (SZSE:002885) announces an Equity Buyback for CNY 40 million worth of its shares. Shenzhen JingQuanHua Electronics Co.,Ltd. (SZSE:002885) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 40 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 30.35 per share. The program will be funded using the company's own funds. The repurchased shares will be used to implement the equity incentive plan. The program will be valid for a period of 12 months. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.057 (vs CN¥0.04 loss in 1Q 2021) First quarter 2022 results: EPS: CN¥0.057 (up from CN¥0.04 loss in 1Q 2021). Revenue: CN¥453.7m (up 31% from 1Q 2021). Net income: CN¥10.3m (up CN¥16.9m from 1Q 2021). Profit margin: 2.3% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Non-Employee Supervisor Guangyuan Xie is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Annuncio • Apr 26
Shenzhen JingQuanHua Electronics Co.,Ltd. Proposes Final Cash Dividend for the Year 2021 Shenzhen JingQuanHua Electronics Co.,Ltd. proposed final cash dividend per ten shares (tax included) of CNY 0.30000000 for the year 2021. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.089 (vs CN¥0.089 in 3Q 2020) The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥543.0m (up 47% from 3Q 2020). Net income: CN¥15.9m (flat on 3Q 2020). Profit margin: 2.9% (down from 4.3% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.056 (vs CN¥0.16 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¥448.3m (up 34% from 2Q 2020). Net income: CN¥10.9m (down 57% from 2Q 2020). Profit margin: 2.4% (down from 7.6% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Annuncio • May 21
Shenzhen Jingquanhua Electronics Co.,Ltd. Approves Cash Dividend for the Year 2020 Shenzhen JingQuanHua Electronics Co.,Ltd. approved tax included final cash dividend of CNY 0.35000000 per 10 shares for the year 2020. Annuncio • Apr 27
Shenzhen JingQuanHua Electronics Co.,Ltd. Announces Final Profit Distribution Proposal for 2020 Shenzhen JingQuanHua Electronics Co.,Ltd. announced final profit distribution proposal of CNY 0.350000000 per 10 shares (tax included) for 2020. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.18 (vs CN¥0.29 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.31b (down 1.4% from FY 2019). Net income: CN¥32.8m (down 37% from FY 2019). Profit margin: 2.5% (down from 3.9% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥11.02, the stock is trading at a trailing P/E ratio of 44.2x, down from the previous P/E ratio of 53.9x. This compares to an average P/E of 38x in the Electronic industry in China. Total return to shareholders over the past three years is a loss of 7.4%. Is New 90 Day High Low • Feb 02
New 90-day low: CN¥12.39 The company is down 28% from its price of CN¥17.14 on 04 November 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 flat over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥13.29 The company is down 22% from its price of CN¥17.14 on 13 October 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 2.0% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥15.10 The company is down 4.0% from its price of CN¥15.77 on 23 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 1.0% over the same period. Reported Earnings • Oct 25
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥51.0m, down 20% from the prior year. Total revenue was CN¥1.28b over the last 12 months, up 1.3% from the prior year. Annuncio • Oct 17
Shenzhen JingQuanHua Electronics Co.,Ltd. to Report Q3, 2020 Results on Oct 24, 2020 Shenzhen JingQuanHua Electronics Co.,Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020 Annuncio • Aug 13
Shenzhen JingQuanHua Electronics Co.,Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Shenzhen JingQuanHua Electronics Co.,Ltd. announced that they will report first half, 2020 results on Aug 28, 2020