Declared Dividend • May 22
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 26th May 2026 Payment date: 26th May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (64% 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 dividend has increased by an average of 6.9% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next year, which should provide support to the dividend and adequate earnings cover. Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Haitao Zhang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Apr 24
Ningbo Sunrise Elc Technology Co.,Ltd, Annual General Meeting, May 14, 2026 Ningbo Sunrise Elc Technology Co.,Ltd, Annual General Meeting, May 14, 2026, at 14:00 China Standard Time. Location: No. 669, Kaiyuan Road, Cixi Hi-tech Industrial Development Zone, Zhejiang China Annuncio • Mar 31
Ningbo Sunrise Elc Technology Co.,Ltd to Report Q1, 2026 Results on Apr 24, 2026 Ningbo Sunrise Elc Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 24, 2026 Annuncio • Dec 31
Ningbo Sunrise Elc Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 24, 2026 Ningbo Sunrise Elc Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 24, 2026 Annuncio • Sep 30
Ningbo Sunrise Elc Technology Co.,Ltd to Report Q3, 2025 Results on Oct 29, 2025 Ningbo Sunrise Elc Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Annuncio • Sep 20
Ningbo Zhongrui Precise Technology Co., Ltd. Approves Interim Profit Distribution Plan for 2025 Ningbo Zhongrui Precise Technology Co. Ltd. held its 3rd Extraordinary General Meeting of 2025 on 18 September 2025, during which the following proposal(s) was/were approved:
1. 2025 interim profit distribution plan: The detailed profit distribution plan is as follows: 1) Cash dividend per 10 shares (tax included): CNY 1.00000000. Annuncio • Aug 28
Ningbo Sunrise Elc Technology Co.,Ltd Proposes Interim Cash Dividend for the Year 2025 Ningbo Sunrise Elc Technology Co.,Ltd at its EGM to be held on 18 September 2025, to propose the interim Cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2025. Annuncio • Jul 02
Ningbo Sunrise Elc Technology Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025 Ningbo Sunrise Elc Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025 Annuncio • Apr 25
Ningbo Sunrise Elc Technology Co.,Ltd, Annual General Meeting, May 15, 2025 Ningbo Sunrise Elc Technology Co.,Ltd, Annual General Meeting, May 15, 2025, at 13:30 China Standard Time. Location: No. 669, Kaiyuan Road, Cixi Hi-tech Industrial Development Zone, Zhejiang China Annuncio • Apr 14
Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937) announces an Equity Buyback for CNY 120 million worth of its shares. Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937) announces a share repurchase program. Under the program, the company will repurchase up to CNY 120 million worth its shares. The shares will be repurchased at no more than CNY 31 per share. The shares repurchased will be used for equity incentives or employee stock ownership plans. The program will be funded using the company’s own fund. The program is subject to shareholders approval. The program is valid for 12 months. Annuncio • Mar 31
Ningbo Sunrise Elc Technology Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025 Ningbo Sunrise Elc Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 Annuncio • Dec 31
Ningbo Sunrise Elc Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025 Ningbo Sunrise Elc Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.25 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.25 in 3Q 2023). Revenue: CN¥474.2m (down 8.6% from 3Q 2023). Net income: CN¥44.8m (down 40% from 3Q 2023). Profit margin: 9.5% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 32% 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 15% After last week's 15% share price decline to CN¥18.12, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 9.8% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥12.32 per share. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥19.70, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 5.8% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.85 per share. Annuncio • Sep 30
Ningbo Sunrise Elc Technology Co.,Ltd to Report Q3, 2024 Results on Oct 29, 2024 Ningbo Sunrise Elc Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.22 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.25 (up from CN¥0.22 in 2Q 2023). Revenue: CN¥504.1m (up 3.4% from 2Q 2023). Net income: CN¥75.0m (up 18% from 2Q 2023). Profit margin: 15% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue. 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
Ningbo Sunrise Elc Technology Co.,Ltd to Report First Half, 2024 Results on Aug 27, 2024 Ningbo Sunrise Elc Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥23.43, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 2.3% over the past year. Declared Dividend • Jun 01
Dividend of CN¥0.30 announced Shareholders will receive a dividend of CN¥0.30. Ex-date: 6th June 2024 Payment date: 6th June 2024 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but not covered by cash flows (114% cash payout ratio). The dividend has increased by an average of 26% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 19
Full year 2023 earnings released: EPS: CN¥0.90 (vs CN¥0.74 in FY 2022) Full year 2023 results: EPS: CN¥0.90 (up from CN¥0.74 in FY 2022). Revenue: CN¥2.01b (up 14% from FY 2022). Net income: CN¥267.0m (up 22% from FY 2022). Profit margin: 13% (in line with FY 2022). Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Annuncio • Apr 19
Ningbo Sunrise Elc Technology Co.,Ltd, Annual General Meeting, May 08, 2024 Ningbo Sunrise Elc Technology Co.,Ltd, Annual General Meeting, May 08, 2024, at 13:30 China Standard Time. Location: No. 699, Kaiyuan Road, Hi-tech Industrial Development Zone, Cixi, Zhejiang China Buy Or Sell Opportunity • Apr 17
Now 21% overvalued Over the last 90 days, the stock has fallen 16% to CN¥19.42. The fair value is estimated to be CN¥16.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 80% in the next 2 years. Annuncio • Mar 30
Ningbo Sunrise Elc Technology Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024 Ningbo Sunrise Elc Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Annuncio • Mar 01
Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937) commences an Equity Buyback Plan for CNY 60 million worth of its shares, under the authorization approved on February 23, 2024. Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937) commences share repurchases on February 28, 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 up to CNY 60 million worth of its A shares. The shares repurchases will be funded from company's own funds. The repurchased shares will be used for implementation of equity incentive plans or employee stock ownership plans. The program is valid for 12 months from the date when the shareholders' meeting approves the share repurchase plan. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥22.21, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Electronic industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥16.13 per share. Buy Or Sell Opportunity • Feb 21
Now 25% overvalued Over the last 90 days, the stock has fallen 10% to CN¥20.16. The fair value is estimated to be CN¥16.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 60% in 2 years. Earnings are forecast to grow by 70% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥18.80, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electronic industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.90 per share. Annuncio • Dec 29
Ningbo Sunrise Elc Technology Co.,Ltd to Report Fiscal Year 2023 Results on Apr 18, 2024 Ningbo Sunrise Elc Technology Co.,Ltd announced that they will report fiscal year 2023 results on Apr 18, 2024 Annuncio • Dec 28
Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937) completed the acquisition of Cixi Junrui House Leasing Co., Ltd. from Ningbo Zhongjun Senchi Auto Parts Co., Ltd. Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937) agreed to acquire Cixi Junrui House Leasing Co., Ltd. from Ningbo Zhongjun Senchi Auto Parts Co., Ltd. for CNY 16.3 million on November 11, 2023. The transaction was approved by the Board of Directors of Ningbo Sunrise.Ningbo Sunrise Elc Technology Co.,Ltd (SZSE:002937) completed the acquisition of Cixi Junrui House Leasing Co., Ltd. from Ningbo Zhongjun Senchi Auto Parts Co., Ltd. on December 26, 2023. Annuncio • Dec 22
Ningbo Sunrise Elc Technology Co.,Ltd Approves Cash Dividend for the Third Quarter 2023 Ningbo Sunrise Elc Technology Co.,Ltd announced that at the Extraordinary General Meeting of 2023 on 20 December 2023, approved 2023 third quarter profit distribution plan: Cash dividend per 10 shares (tax included) of CNY 1.00000000. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.22 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.25 (up from CN¥0.22 in 3Q 2022). Revenue: CN¥519.1m (up 1.8% from 3Q 2022). Net income: CN¥74.2m (up 12% from 3Q 2022). Profit margin: 14% (up from 13% in 3Q 2022). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥487.7m (up 22% from 2Q 2022). Net income: CN¥63.9m (up 48% from 2Q 2022). Profit margin: 13% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥26.42, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 25x in the Electronic industry in China. Annuncio • May 26
Ningbo Sunrise Elc Technology Co.,Ltd Announces Final Cash Dividend on A Shares for 2022, Payable on 01 June 2023 Ningbo Sunrise Elc Technology Co.,Ltd announced final cash dividend of CNY 2.00000000 per 10 Shares on A shares for 2022. Record date is 31 May 2023, Ex-date is 01 June 2023 and Payment date is 01 June 2023. Reported Earnings • Apr 06
Full year 2022 earnings released: EPS: CN¥0.74 (vs CN¥0.39 in FY 2021) Full year 2022 results: EPS: CN¥0.74 (up from CN¥0.39 in FY 2021). Revenue: CN¥1.77b (up 41% from FY 2021). Net income: CN¥219.1m (up 93% from FY 2021). Profit margin: 12% (up from 9.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Board Change • Mar 14
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Songjie Chen was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.