New Risk • May 04
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 9.8% 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 Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 47% per year over the past 5 years. Annuncio • Apr 24
Shenzhen Chuangyitong Technology Co.,Ltd. announced that it expects to receive CNY 600 million in funding Shenzhen Chuangyitong Technology Co.,Ltd. announced a private placement of A shares not more than 30% of the company’s total share capital before the issuance at a price of not lower than 80% of the average trading price of the company’s shares in the 20 trading days before the pricing reference date for gross proceeds of not more than CNY 600,000,000 on April 22, 2026. The transaction will include participation from not more than 35 investors. The shares cannot be transferred within 6 months from the issuance closing date. The transaction has been approved at the 11th meeting of the 4th board of directors of the company. The transaction is subject to the approval of the company’s shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. Reported Earnings • Apr 24
Full year 2025 earnings released: CN¥0.02 loss per share (vs CN¥0.14 profit in FY 2024) Full year 2025 results: CN¥0.02 loss per share (down from CN¥0.14 profit in FY 2024). Revenue: CN¥706.8m (up 2.5% from FY 2024). Net loss: CN¥3.19m (down 116% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Apr 23
Shenzhen Chuangyitong Technology Co.,Ltd., Annual General Meeting, May 13, 2026 Shenzhen Chuangyitong Technology Co.,Ltd., Annual General Meeting, May 13, 2026, at 14:50 China Standard Time. Location: Building 4, Changfeng Industrial Park, Dongkeng Community, Fenghuang Subdistrict, Guangming District, Shenzhen, Guangdong China Annuncio • Mar 31
Shenzhen Chuangyitong Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Feb 28
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 Risks Debt is not well covered by operating cash flow (8.5% operating cash flow to total debt). Earnings have declined by 41% 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
Shenzhen Chuangyitong Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 27
Third quarter 2025 earnings released: EPS: CN¥0.008 (vs CN¥0.01 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.008 (up from CN¥0.01 loss in 3Q 2024). Revenue: CN¥167.4m (down 9.0% from 3Q 2024). Net income: CN¥2.34m (up CN¥4.17m from 3Q 2024). Profit margin: 1.4% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 51% per year. Annuncio • Sep 30
Shenzhen Chuangyitong Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 Annuncio • Sep 27
Shenzhen Chuangyitong Technology Co.,Ltd. Appoints Zhu Rui as A Non-Independent Director Shenzhen Chuangyitong Technology Co.,Ltd. held its 1st Extraordinary General Meeting of 2025 on 25 September 2025, approved the appointment of Zhu Rui as a non-independent director. Reported Earnings • Aug 26
Second quarter 2025 earnings released: CN¥1.16 loss per share (vs CN¥0.13 loss in 2Q 2024) Second quarter 2025 results: CN¥1.16 loss per share (further deteriorated from CN¥0.13 loss in 2Q 2024). Revenue: CN¥162.5m (up 13% from 2Q 2024). Net loss: CN¥7.08m (loss widened 57% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jul 21
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. 5 experienced directors. 3 highly experienced directors. Independent Director Qingke Yuan 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. Annuncio • Jul 02
Shenzhen Chuangyitong Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 15, 2025 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 15, 2025 Annuncio • May 21
Leshan Qianxin Micro Technology Co., Ltd. agreed to acquire 14.25% stake in Shenzhen Chuangyitong Technology Co.,Ltd. (SZSE:300991) from Shenzhen Huliantong Investment Enterprise (Limited Partnership), Zhang Jianming, Yan Meirong and Yan Yuguo for approximately CNY 370 million. Leshan Qianxin Micro Technology Co., Ltd. agreed to acquire 14.25% stake in Shenzhen Chuangyitong Technology Co.,Ltd. (SZSE:300991) from Shenzhen Huliantong Investment Enterprise (Limited Partnership), Zhang Jianming, Yan Meirong and Yan Yuguo for approximately CNY 370 million on April 18, 2025. A cash consideration of CNY 373.37 million valued at CNY 18.19 per share will be paid by Leshan Qianxin Micro Technology Co., Ltd. As part of consideration, CNY 373.37 million is paid towards common equity of Shenzhen Chuangyitong Technology Co.,Ltd.
Leshan Qianxin Micro Technology Co., Ltd. completed the acquisition of 14.25% stake in Shenzhen Chuangyitong Technology Co.,Ltd. (SZSE:300991) from Shenzhen Huliantong Investment Enterprise (Limited Partnership), Zhang Jianming, Yan Meirong and Yan Yuguo on May 20, 2025. The share transfer agreement regarding the transfer of part of the company's shares to Leshan Qianxin Micro Technology Co., Ltd. has been completed with the transfer registration procedures at the Shenzhen branch of China Securities Depository and Clearing Corporation Limited, and the "Securities Transfer Registration Confirmation" has been obtained. Annuncio • Apr 22
Zhou Zhengxian cancelled the acquisition of 5.49% stake in Shenzhen Chuangyitong Technology Co.,Ltd. (SZSE:300991) from Zhang Jianming. Zhou Zhengxian agreed to acquire 5.49% stake in Shenzhen Chuangyitong Technology Co.,Ltd. (SZSE:300991) from Zhang Jianming for CNY 120 million on November 5, 2024. A cash consideration valued at CNY 15.2 per share will be paid by Zhou Zhengxian.
Zhou Zhengxian cancelled the acquisition of 5.49% stake in Shenzhen Chuangyitong Technology Co.,Ltd. (SZSE:300991) from Zhang Jianming on April 21, 2025. Reported Earnings • Apr 19
Full year 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.08 in FY 2023) Full year 2024 results: EPS: CN¥0.14 (up from CN¥0.08 in FY 2023). Revenue: CN¥689.4m (up 27% from FY 2023). Net income: CN¥19.7m (up 74% from FY 2023). Profit margin: 2.9% (up from 2.1% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annuncio • Apr 19
Shenzhen Chuangyitong Technology Co.,Ltd. Proposes Final Cash Dividend for 2024 Shenzhen Chuangyitong Technology Co.,Ltd. proposed final cash dividend of CNY 0.30000000 per 10 shares (tax included) for 2024. Annuncio • Apr 18
Shenzhen Chuangyitong Technology Co.,Ltd., Annual General Meeting, May 09, 2025 Shenzhen Chuangyitong Technology Co.,Ltd., Annual General Meeting, May 09, 2025, at 14:50 China Standard Time. Location: Building 4, Changfeng Industrial Park, Dongkeng Community, Fenghuang Subdistrict, Guangming District, Shenzhen, Guangdong China Annuncio • Mar 31
Shenzhen Chuangyitong Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (12% average weekly change). Annuncio • Dec 31
Shenzhen Chuangyitong Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.018 profit in 3Q 2023) Third quarter 2024 results: CN¥0.01 loss per share (down from CN¥0.018 profit in 3Q 2023). Revenue: CN¥183.9m (up 22% from 3Q 2023). Net loss: CN¥1.83m (down 171% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. New Risk • Sep 30
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 9.1% 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 Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 53% per year over the past 5 years. Annuncio • Sep 30
Shenzhen Chuangyitong Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 26
Second quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.029 loss in 2Q 2023) Second quarter 2024 results: CN¥0.13 loss per share (further deteriorated from CN¥0.029 loss in 2Q 2023). Revenue: CN¥143.5m (up 17% from 2Q 2023). Net loss: CN¥4.52m (loss widened 20% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Annuncio • Jun 29
Shenzhen Chuangyitong Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Declared Dividend • May 27
Dividend increased to CN¥0.03 Dividend of CN¥0.03 is 50% higher than last year. Ex-date: 30th May 2024 Payment date: 30th May 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 158%. Annuncio • May 25
Shenzhen Chuangyitong Technology Co.,Ltd. Announces 2023 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 30 May 2024 Shenzhen Chuangyitong Technology Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.30000000. Record date: 29 May 2024. Ex-date: 30 May 2024. Payment date: 30 May 2024. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.06 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.01 (up from CN¥0.06 loss in 1Q 2023). Revenue: CN¥139.0m (up 45% from 1Q 2023). Net income: CN¥2.09m (up CN¥10.7m from 1Q 2023). Profit margin: 1.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Reported Earnings • Apr 09
Full year 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.06 in FY 2022) Full year 2023 results: EPS: CN¥0.08 (up from CN¥0.06 in FY 2022). Revenue: CN¥541.5m (up 26% from FY 2022). Net income: CN¥11.3m (up 33% from FY 2022). Profit margin: 2.1% (up from 2.0% in FY 2022). Annuncio • Mar 30
Shenzhen Chuangyitong Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 New Risk • Mar 22
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 11% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 38% per year over the past 5 years. New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.0% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 38% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Annuncio • Dec 30
Shenzhen Chuangyitong Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 09, 2024 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 09, 2024 New Risk • Nov 22
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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 38% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change). Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.018 (vs CN¥0.03 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.018 (down from CN¥0.03 in 3Q 2022). Revenue: CN¥150.2m (up 36% from 3Q 2022). Net income: CN¥2.59m (down 35% from 3Q 2022). Profit margin: 1.7% (down from 3.6% in 3Q 2022). The decrease in margin was driven by higher expenses. New Risk • Aug 19
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Earnings have declined by 32% per year over the past 5 years. Reported Earnings • Aug 18
Second quarter 2023 earnings released: CN¥0.029 loss per share (vs CN¥0.002 profit in 2Q 2022) Second quarter 2023 results: CN¥0.029 loss per share (down from CN¥0.002 profit in 2Q 2022). Revenue: CN¥122.8m (up 21% from 2Q 2022). Net loss: CN¥3.77m (down CN¥4.03m from profit in 2Q 2022). Annuncio • Jul 01
Shenzhen Chuangyitong Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Shenzhen Chuangyitong Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Annuncio • May 27
Shenzhen Chuangyitong Technology Co.,Ltd. Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 01 June 2023 Shenzhen Chuangyitong Technology Co.,Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.20000000. Record date: 31 May 2023 Ex-date: 01 June 2023 Payment date: 01 June 2023. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.02000000(10 % x CNY 0.20000000) Net cash dividend/10 shares after tax: CNY0.18000000(CNY0.20000000- CNY0.02000000). Reported Earnings • Apr 07
Full year 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.56 in FY 2021) Full year 2022 results: EPS: CN¥0.06 (down from CN¥0.56 in FY 2021). Revenue: CN¥431.2m (down 14% from FY 2021). Net income: CN¥8.50m (down 88% from FY 2021). Profit margin: 2.0% (down from 14% in FY 2021). Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. Chairman & GM Jianming Zhang is the most experienced director on the board, commencing their role in 2015. 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 26
Third quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.12 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥110.3m (down 7.1% from 3Q 2021). Net income: CN¥4.01m (down 77% from 3Q 2021). Profit margin: 3.6% (down from 14% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.30 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.30 in 2Q 2021). Revenue: CN¥101.6m (down 19% from 2Q 2021). Net income: CN¥257.3k (down 99% from 2Q 2021). Profit margin: 0.3% (down from 17% in 2Q 2021). Annuncio • May 26
Shenzhen Chuangyitong Technology Co.,Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 31 May 2022 Shenzhen Chuangyitong Technology Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 3.90000000. Record date is 30 May 2022, Ex-date is 31 May 2022 and payment date is 31 May 2022. Annuncio • May 13
Shenzhen Chuangyitong Technology Co.,Ltd. Approves Cash Dividend for the Year 2021 Shenzhen Chuangyitong Technology Co.,Ltd. announced that at the AGM was held on 10 May 2022, the company approved the cash dividend (tax included) of CNY 3.90000000 per ten shares. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.89 (vs CN¥1.11 in FY 2020) Full year 2021 results: EPS: CN¥0.89 (down from CN¥1.11 in FY 2020). Revenue: CN¥499.2m (up 8.1% from FY 2020). Net income: CN¥72.0m (down 3.7% from FY 2020). Profit margin: 14% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥33.88, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 42x in the Electronic industry in China. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.32 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥118.7m (down 10% from 3Q 2020). Net income: CN¥17.0m (down 21% from 3Q 2020). Profit margin: 14% (down from 16% in 3Q 2020). The decrease in margin was driven by lower revenue.