New Risk • Apr 29
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Earnings have declined by 10% per year over the past 5 years. High level of non-cash earnings (79% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). New Risk • Apr 16
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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 10% per year over the past 5 years. High level of non-cash earnings (51% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Annuncio • Apr 15
Shenzhen hongfuhan Technology Co. Ltd., Annual General Meeting, May 07, 2026 Shenzhen hongfuhan Technology Co. Ltd., Annual General Meeting, May 07, 2026, at 14:30 China Standard Time. Location: Building 1, No. 11, Tuoxin Road, Baolong Community, Baolong Subdistrict, Longgang District, Shenzhen, Guangdong China Reported Earnings • Apr 15
Full year 2025 earnings released: EPS: CN¥1.13 (vs CN¥1.22 in FY 2024) Full year 2025 results: EPS: CN¥1.13 (down from CN¥1.22 in FY 2024). Revenue: CN¥911.2m (up 11% from FY 2024). Net income: CN¥101.5m (down 7.5% from FY 2024). Profit margin: 11% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. 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 49% per year, which means it is well ahead of earnings. Annuncio • Mar 31
Shenzhen hongfuhan Technology Co. Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Annuncio • Dec 31
Shenzhen hongfuhan Technology Co. Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Annuncio • Nov 22
Shenzhen Hongfuhan Technology Co. Ltd. Approves Director Appointments Shenzhen hongfuhan Technology Co. Ltd. approved the appointment of Li Wenbin, non-independent director, Qiu Chuangqi, non-independent director, Li Yufeng, independent director and Deng Fengfeng, independent director. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.68 (vs CN¥0.69 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.68 (down from CN¥0.69 in 3Q 2024). Revenue: CN¥294.5m (up 6.1% from 3Q 2024). Net income: CN¥58.9m (down 5.4% from 3Q 2024). Profit margin: 20% (down from 22% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 24% per year, which means it is well ahead of earnings. Annuncio • Sep 30
Shenzhen hongfuhan Technology Co. Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 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 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 9.4% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥66.79, the stock trades at a trailing P/E ratio of 59.7x. Average trailing P/E is 62x in the Electronic industry in China. Total returns to shareholders of 59% over the past three years. New Risk • Aug 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥54.26, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 58x in the Electronic industry in China. Total returns to shareholders of 9.3% over the past three years. Annuncio • Jul 02
Shenzhen hongfuhan Technology Co. Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • May 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. 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 1.7% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). New Risk • Apr 07
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 8.8% 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 1.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥37.22, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 1.2% over the past three years. Annuncio • Mar 31
Shenzhen hongfuhan Technology Co. Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥46.05, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 44x in the Electronic industry in China. Total loss to shareholders of 10% over the past three years. Annuncio • Dec 31
Shenzhen hongfuhan Technology Co. Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥52.16, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 1.4% over the past three years. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.69 (vs CN¥0.48 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.69 (up from CN¥0.48 in 3Q 2023). Revenue: CN¥277.6m (up 54% from 3Q 2023). Net income: CN¥62.3m (up 44% from 3Q 2023). Profit margin: 22% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. 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 Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 0.7% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (13% net profit margin). Annuncio • Sep 30
Shenzhen hongfuhan Technology Co. Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥42.55, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 4.7% over the past year. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥34.77, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 19% over the past year. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.26 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.22 (down from CN¥0.26 in 2Q 2023). Revenue: CN¥195.4m (up 33% from 2Q 2023). Net income: CN¥20.0m (down 13% from 2Q 2023). Profit margin: 10% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses. Annuncio • Jun 29
Shenzhen hongfuhan Technology Co. Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥40.02, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 43x in the Electronic industry in China. Total loss to shareholders of 12% over the past year. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥32.65, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 41x in the Electronic industry in China. Total loss to shareholders of 27% over the past year. Annuncio • May 25
Shenzhen hongfuhan Technology Co. Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 31 May 2024 Shenzhen hongfuhan Technology Co. Ltd. announced final cash dividend of CNY 9.0000000 per ten A shares (tax included) for the year 2023. Record date: 30 May 2024. Ex-date: 31 May 2024. Payment date: 31 May 2024. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥41.40, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 42x in the Electronic industry in China. Total loss to shareholders of 10% over the past year. Annuncio • Apr 28
Shenzhen hongfuhan Technology Co. Ltd., Annual General Meeting, May 17, 2024 Shenzhen hongfuhan Technology Co. Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Agenda: To consider 2023 annual report and its summary; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider 2023 remuneration results for directors and 2024 remuneration plan; to consider 2023 remuneration results for supervisors and 2024 remuneration plan; to consider Reappointment of audit firm; to consider 2024 estimated guarantee quota for subsidiaries; and to consider 2024 application for comprehensive credit line to banks and other financial institutions by the Company and subsidiaries. Annuncio • Apr 27
Shenzhen hongfuhan Technology Co. Ltd. Proposes Final Dividend for 2023 Shenzhen hongfuhan Technology Co. Ltd. proposed the profit distribution proposal for 2023 as follows: Cash dividend per 10 shares (tax included) of CNY 9.00000000. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.31 (vs CN¥0.39 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.31 (down from CN¥0.39 in 1Q 2023). Revenue: CN¥129.6m (down 3.0% from 1Q 2023). Net income: CN¥27.8m (down 22% from 1Q 2023). Profit margin: 21% (down from 27% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. New Risk • Apr 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (44% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). 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¥28.72, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 34% over the past year. Annuncio • Mar 30
Shenzhen hongfuhan Technology Co. Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥34.00, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 26% over the past year. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥30.74, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 31% over the past year. Annuncio • Dec 30
Shenzhen hongfuhan Technology Co. Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.48 (vs CN¥0.61 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.48 (down from CN¥0.61 in 3Q 2022). Revenue: CN¥180.7m (down 11% from 3Q 2022). Net income: CN¥43.2m (down 22% from 3Q 2022). Profit margin: 24% (down from 27% in 3Q 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥48.12, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 15% over the past year. Annuncio • Oct 01
Shenzhen hongfuhan Technology Co. Ltd. to Report Q3, 2023 Results on Oct 30, 2023 Shenzhen hongfuhan Technology Co. Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.33 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.33 in 2Q 2022). Revenue: CN¥147.4m (down 17% from 2Q 2022). Net income: CN¥22.9m (down 22% from 2Q 2022). Profit margin: 16% (down from 17% in 2Q 2022). The decrease in margin was driven by lower revenue. New Risk • Jun 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥57.05, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 43% over the past year. Annuncio • Jun 14
Shenzhen hongfuhan Technology Co. Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 20 June 2023 Shenzhen hongfuhan Technology Co. Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 13.00000000 for the year 2022, payable on 20 June 2023. Record date is 19 June 2023. Ex-date is 20 June 2023. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.59 (vs CN¥0.53 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.59 (up from CN¥0.53 in 1Q 2022). Revenue: CN¥133.5m (down 3.6% from 1Q 2022). Net income: CN¥35.7m (up 13% from 1Q 2022). Profit margin: 27% (up from 23% in 1Q 2022). The increase in margin was driven by lower expenses. Annuncio • Nov 29
Shenzhen hongfuhan Technology Co. Ltd. Approves Election of Directors and Non-Employee Supervisors Shenzhen hongfuhan Technology Co. Ltd. at its Extraordinary General Meeting held on November 25, 2022 approved the election of Liu Wei and Zhang Siming as non-independent directors, Huang Yanlu, Zhang Zhenhuang and Liu Shanmin as independent directors and Deng Youli and Zhang Haimei as non-employee supervisors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.92 (vs CN¥0.95 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.92. Revenue: CN¥203.4m (down 7.1% from 3Q 2021). Net income: CN¥55.2m (up 29% from 3Q 2021). Profit margin: 27% (up from 20% in 3Q 2021). The increase in margin was driven by lower expenses. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.49 (vs CN¥0.61 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.49. Revenue: CN¥178.0m (up 4.2% from 2Q 2021). Net income: CN¥29.6m (up 7.5% from 2Q 2021). Profit margin: 17% (in line with 2Q 2021). Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥69.91, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 36x in the Electronic industry in China. Annuncio • Jun 08
Shenzhen Hongfuhan Technology Co. Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 13 June 2022 Shenzhen hongfuhan Technology Co. Ltd. announced the cash dividend of CNY 10.00000000 per 10 A shares (tax included). The dividend will paid on 13 June 2022 with record date of 10 June 2022 and ex-date is 13 June 2022. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.53 (vs CN¥0.66 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.53. Revenue: CN¥138.5m (down 4.5% from 1Q 2021). Net income: CN¥31.6m (up 6.7% from 1Q 2021). Profit margin: 23% (up from 20% in 1Q 2021). The increase in margin was driven by lower expenses. Annuncio • Apr 26
Shenzhen Hongfuhan Technology Co. Ltd. Announces Final Profit Distribution Proposal for 2021 Shenzhen hongfuhan Technology Co. Ltd. announced on 25 April 2022 the profit distribution proposal for 2021. Cash dividend/10 shares (tax included): CNY 10.00000000.