Board Change • May 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Shoude Chen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 29
Xiamen Hongxin Electronics Technology Group Inc., Annual General Meeting, May 20, 2026 Xiamen Hongxin Electronics Technology Group Inc., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China Annuncio • Mar 31
Xiamen Hongxin Electronics Technology Group Inc. to Report Q1, 2026 Results on Apr 29, 2026 Xiamen Hongxin Electronics Technology Group Inc. announced that they will report Q1, 2026 results on Apr 29, 2026 Annuncio • Dec 31
Xiamen Hongxin Electronics Technology Group Inc. to Report Fiscal Year 2025 Results on Mar 31, 2026 Xiamen Hongxin Electronics Technology Group Inc. announced that they will report fiscal year 2025 results on Mar 31, 2026 Annuncio • Nov 21
Xiamen Hongxin Electronics Technology Group Inc. Approves Election of Independent Directors Xiamen Hongxin Electronics Technology Group Inc. at its Extraordinary General Meeting of 2025 on 19 November 2025 approved election of independent directors, cumulative voting system applicable: Chen Shoude, independent director; Wu Yi, independent director. Annuncio • Sep 30
Xiamen Hongxin Electronics Technology Group Inc. to Report Q3, 2025 Results on Oct 30, 2025 Xiamen Hongxin Electronics Technology Group Inc. announced that they will report Q3, 2025 results on Oct 30, 2025 Annuncio • Jul 02
Xiamen Hongxin Electronics Technology Group Inc. to Report First Half, 2025 Results on Aug 22, 2025 Xiamen Hongxin Electronics Technology Group Inc. announced that they will report first half, 2025 results on Aug 22, 2025 Annuncio • Dec 31
XiaMen HongXin Electron-tech Group Co.,Ltd to Report Fiscal Year 2024 Results on Mar 31, 2025 XiaMen HongXin Electron-tech Group Co.,Ltd announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Oct 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥604m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥604m free cash flow). Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.012 (vs CN¥0.13 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.012 (up from CN¥0.13 loss in 3Q 2023). Revenue: CN¥1.41b (up 44% from 3Q 2023). Net income: CN¥5.55m (up CN¥66.7m from 3Q 2023). Profit margin: 0.4% (up from net loss in 3Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. New Risk • Sep 30
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 7.2% 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 59% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.2% average weekly change). Annuncio • Sep 30
XiaMen HongXin Electron-tech Group Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 XiaMen HongXin Electron-tech Group Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.041 (vs CN¥0.22 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.041 (up from CN¥0.22 loss in 2Q 2023). Revenue: CN¥1.37b (up 63% from 2Q 2023). Net income: CN¥21.1m (up CN¥127.3m from 2Q 2023). Profit margin: 1.5% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Annuncio • Jun 29
XiaMen HongXin Electron-tech Group Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024 XiaMen HongXin Electron-tech Group Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024 New Risk • May 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 9.5% 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: Major Risk Earnings have declined by 64% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change). Annuncio • Mar 30
XiaMen HongXin Electron-tech Group Co.,Ltd to Report Q1, 2024 Results on Apr 16, 2024 XiaMen HongXin Electron-tech Group Co.,Ltd announced that they will report Q1, 2024 results on Apr 16, 2024 Reported Earnings • Mar 30
Full year 2023 earnings released: CN¥0.89 loss per share (vs CN¥0.66 loss in FY 2022) Full year 2023 results: CN¥0.89 loss per share (further deteriorated from CN¥0.66 loss in FY 2022). Revenue: CN¥3.48b (up 25% from FY 2022). Net loss: CN¥435.5m (loss widened 42% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Annuncio • Mar 29
XiaMen HongXin Electron-tech Group Co.,Ltd, Annual General Meeting, Apr 18, 2024 XiaMen HongXin Electron-tech Group Co.,Ltd, Annual General Meeting, Apr 18, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China Annuncio • Dec 30
XiaMen HongXin Electron-tech Group Co.,Ltd to Report Fiscal Year 2023 Results on Mar 29, 2024 XiaMen HongXin Electron-tech Group Co.,Ltd announced that they will report fiscal year 2023 results on Mar 29, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.13 loss per share (vs CN¥0.14 loss in 3Q 2022) Third quarter 2023 results: CN¥0.13 loss per share (improved from CN¥0.14 loss in 3Q 2022). Revenue: CN¥978.0m (up 44% from 3Q 2022). Net loss: CN¥61.1m (loss narrowed 11% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. New Risk • Sep 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥323m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥323m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 65% per year over the past 5 years. Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.22 loss per share (vs CN¥0.013 loss in 2Q 2022) Second quarter 2023 results: CN¥0.22 loss per share (further deteriorated from CN¥0.013 loss in 2Q 2022). Revenue: CN¥838.9m (up 16% from 2Q 2022). Net loss: CN¥106.2m (loss widened CN¥100.3m from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
First quarter 2023 earnings released: CN¥0.15 loss per share (vs CN¥0.081 loss in 1Q 2022) First quarter 2023 results: CN¥0.15 loss per share (further deteriorated from CN¥0.081 loss in 1Q 2022). Revenue: CN¥639.7m (down 18% from 1Q 2022). Net loss: CN¥74.5m (loss widened 108% from 1Q 2022). Reported Earnings • Oct 28
Third quarter 2022 earnings released Third quarter 2022 results: CN¥0.14 loss per share. Net loss: CN¥68.4m (flat on 3Q 2021). Reported Earnings • Aug 31
Second quarter 2022 earnings released: CN¥0.013 loss per share (vs CN¥0.055 profit in 2Q 2021) Second quarter 2022 results: CN¥0.013 loss per share (down from CN¥0.055 profit in 2Q 2021). Revenue: CN¥723.2m (down 4.9% from 2Q 2021). Net loss: CN¥5.90m (down 126% from profit in 2Q 2021). Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.081 loss per share (vs CN¥0.055 profit in 1Q 2021) First quarter 2022 results: CN¥0.081 loss per share (down from CN¥0.055 profit in 1Q 2021). Revenue: CN¥776.9m (up 2.2% from 1Q 2021). Net loss: CN¥35.9m (down 259% from profit in 1Q 2021). Reported Earnings • Oct 28
Third quarter 2021 earnings released: CN¥0.20 loss per share (vs CN¥0.16 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥762.0m (down 7.7% from 3Q 2020). Net loss: CN¥110.3m (down 266% from profit in 3Q 2020). Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥18.80, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 18% over the past year. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥18.74, the stock trades at a trailing P/E ratio of 54.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 9.0% over the past year. Reported Earnings • Apr 27
Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥0.59 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥2.64b (up 7.2% from FY 2019). Net income: CN¥90.5m (down 50% from FY 2019). Profit margin: 3.4% (down from 7.3% in FY 2019). Is New 90 Day High Low • Jan 29
New 90-day low: CN¥15.13 The company is down 6.0% from its price of CN¥16.06 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 14
New 90-day low: CN¥15.76 The company is down 12% from its price of CN¥17.90 on 16 September 2020. The Chinese market is up 1.0% 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. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥107.3m, down 38% from the prior year. Total revenue was CN¥2.43b over the last 12 months, down 2.9% from the prior year. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥16.66 The company is down 33% from its price of CN¥24.70 on 28 July 2020. The Chinese market is up 2.0% 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.