Annuncio • Jun 30
Shenzhen Zesum Technology Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Shenzhen Zesum Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 New Risk • Apr 22
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (24% accrual ratio). Reported Earnings • Apr 22
Full year 2025 earnings released: EPS: CN¥0.74 (vs CN¥0.53 in FY 2024) Full year 2025 results: EPS: CN¥0.74 (up from CN¥0.53 in FY 2024). Revenue: CN¥998.3m (up 2.5% from FY 2024). Net income: CN¥94.1m (up 40% from FY 2024). Profit margin: 9.4% (up from 6.9% in FY 2024). Annuncio • Apr 21
Shenzhen Zesum Technology Co., Ltd., Annual General Meeting, May 11, 2026 Shenzhen Zesum Technology Co., Ltd., Annual General Meeting, May 11, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annuncio • Mar 31
Shenzhen Zesum Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shenzhen Zesum Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Annuncio • Dec 31
Shenzhen Zesum Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Shenzhen Zesum Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥91.85, the stock trades at a trailing P/E ratio of 68.8x. Average trailing P/E is 53x in the Electronic industry in China. Total returns to shareholders of 105% over the past year. Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.14 loss per share (vs CN¥0.16 profit in 3Q 2024) Third quarter 2025 results: CN¥0.14 loss per share (down from CN¥0.16 profit in 3Q 2024). Revenue: CN¥233.6m (down 19% from 3Q 2024). Net loss: CN¥18.6m (down 194% from profit in 3Q 2024). Annuncio • Sep 30
Shenzhen Zesum Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Shenzhen Zesum Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥105, the stock trades at a trailing P/E ratio of 64x. Average trailing P/E is 59x in the Electronic industry in China. Total returns to shareholders of 213% over the past year. Annuncio • Jul 02
Shenzhen Zesum Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Shenzhen Zesum Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Declared Dividend • May 23
Dividend of CN¥0.40 announced Dividend of CN¥0.40 is the same as last year. Ex-date: 28th May 2025 Payment date: 28th May 2025 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 6.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 22
First quarter 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.11 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.19 (up from CN¥0.11 in 1Q 2024). Revenue: CN¥266.1m (up 53% from 1Q 2024). Net income: CN¥23.6m (up 65% from 1Q 2024). Profit margin: 8.9% (up from 8.2% in 1Q 2024). The increase in margin was driven by higher revenue. Board Change • Apr 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Linlin Pang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 19
Full year 2024 earnings released: EPS: CN¥0.53 (vs CN¥0.65 in FY 2023) Full year 2024 results: EPS: CN¥0.53 (down from CN¥0.65 in FY 2023). Revenue: CN¥974.2m (up 94% from FY 2023). Net income: CN¥67.3m (down 7.8% from FY 2023). Profit margin: 6.9% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses. Annuncio • Apr 19
Shenzhen Zesum Technology Co., Ltd. Proposes Final Dividend for 2024 Shenzhen Zesum Technology Co., Ltd. proposed final cash dividend of CNY 4.00000000 per 10 shares (tax included) for 2024. Annuncio • Apr 18
Shenzhen Zesum Technology Co., Ltd., Annual General Meeting, May 09, 2025 Shenzhen Zesum Technology Co., Ltd., Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Annuncio • Apr 10
henzhen Zesum Technology Co., Ltd. (SZSE:301486) signed Memorandum of Cooperation to acquire an unknown minority stake in Semptian Co., Ltd. Shenzhen Zesum Technology Co., Ltd. (SZSE:301486) signed Memorandum of Cooperation to acquire an unknown minority stake in Semptian Co., Ltd. on April 8, 2025. Shenzhen Zesum is planning to issue shares and pay cash for the acquisition. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to CN¥40.04, the stock trades at a trailing P/E ratio of 67.5x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 16% over the past year. Annuncio • Mar 31
Shenzhen Zesum Technology Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025 Shenzhen Zesum Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 New Risk • Jan 07
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 13% 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 (13% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (8.9% net profit margin). Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥41.11, the stock trades at a trailing P/E ratio of 69.5x. Average trailing P/E is 43x in the Electronic industry in China. Total loss to shareholders of 3.6% over the past year. Annuncio • Dec 31
Shenzhen Zesum Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Shenzhen Zesum Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Annuncio • Nov 16
Shenzhen Zesum Technology Co., Ltd. Approves Board and Non-Employee Supervisor Elections Shenzhen Zesum Technology Co., Ltd. at its EGM held on November 14, 2024 approved election of Pang Linlin as independent director and Tong Yuying as non-employee supervisor. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.075 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.16 (up from CN¥0.075 in 3Q 2023). Revenue: CN¥287.5m (up 138% from 3Q 2023). Net income: CN¥19.7m (up 34% from 3Q 2023). Profit margin: 6.8% (down from 12% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥39.17, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 19% over the past year. 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 8.5% 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 (8.5% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (10% net profit margin). Shareholders have been diluted in the past year (33% increase in shares outstanding). Annuncio • Sep 30
Shenzhen Zesum Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shenzhen Zesum Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥42.29, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 18% over the past year. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.27 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.20. Revenue: CN¥263.7m (up 109% from 2Q 2023). Net income: CN¥25.7m (flat on 2Q 2023). Profit margin: 9.8% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Annuncio • Jun 29
Shenzhen Zesum Technology Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024 Shenzhen Zesum Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024 Annuncio • May 29
Shenzhen Zesum Technology Co.,Ltd Announces Final Dividend on A Shares for the Year 2023, Payable on 03 June 2024 Shenzhen Zesum Technology Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 4.00000000 on A shares for the year 2023. Record date is 31 May 2024. Ex-date is 03 June 2024. Payment date is 03 June 2024. Annuncio • Apr 25
Shenzhen Zesum Technology Co.,Ltd, Annual General Meeting, May 14, 2024 Shenzhen Zesum Technology Co.,Ltd, Annual General Meeting, May 14, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China New Risk • Apr 24
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: 13% Last year net profit margin: 19% 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (13% net profit margin). New Risk • Apr 15
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 12% 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. This is currently the only risk that has been identified for the company. 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¥48.10, the stock trades at a trailing P/E ratio of 78.9x. Average trailing P/E is 40x in the Electronic industry in China. Annuncio • Mar 30
Shenzhen Zesum Technology Co.,Ltd to Report Q1, 2024 Results on Apr 24, 2024 Shenzhen Zesum Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥47.20, the stock trades at a trailing P/E ratio of 77.4x. Average trailing P/E is 41x in the Electronic industry in China. Annuncio • Mar 07
Shenzhen Zesum Technology Co.,Ltd (SZSE:301486) commences an Equity Buyback Plan for CNY 50 million worth of its shares, under the authorization approved on February 23, 2024. Shenzhen Zesum Technology Co.,Ltd (SZSE:301486) commences share repurchases on March 4, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on February 23, 2024. As per the mandate, the company is authorized to repurchase CNY 50 million worth of its common shares. The shares will be repurchased at a price of not more than CNY 57.66 per share. The purpose of the program is to improve the company's long-term incentive mechanism and to promote the company's long-term, sustainable and healthy development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded out of the company's own funds. The program will be valid till 12 months from the date of approval by shareholders. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥39.90, the stock trades at a trailing P/E ratio of 65.4x. Average trailing P/E is 37x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥32.21, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Electronic industry in China. Annuncio • Dec 30
Shenzhen Zesum Technology Co.,Ltd to Report Fiscal Year 2023 Results on Apr 24, 2024 Shenzhen Zesum Technology Co.,Ltd announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released Third quarter 2023 results: EPS: CN¥0.075. Net income: CN¥14.6m (up CN¥14.6m from 3Q 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Reported Earnings • Aug 29
First half 2023 earnings released First half 2023 results: EPS: CN¥0.44. Net income: CN¥42.2m (up CN¥42.2m from 1H 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥45.56, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 21x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥50.06, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 45x in the Electronic industry in China. Annuncio • Jul 14
Shenzhen Zesum Technology Co.,Ltd to Report First Half, 2023 Results on Aug 29, 2023 Shenzhen Zesum Technology Co.,Ltd announced that they will report first half, 2023 results on Aug 29, 2023