Board Change • May 20
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. 3 independent directors (4 non-independent directors). Vice Chairman & GM Yingjie She is the most experienced director on the board, commencing their role in 2013. Independent Director Jingshan Chen was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Apr 23
Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 14, 2026 Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 14, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Heshan, Guangdong China Annuncio • Mar 30
Olympic Circuit Technology Co., Ltd to Report Q1, 2026 Results on Apr 30, 2026 Olympic Circuit Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 Annuncio • Dec 26
Olympic Circuit Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026 Olympic Circuit Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026 Annuncio • Sep 30
Olympic Circuit Technology Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025 Olympic Circuit Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Annuncio • Jun 30
Olympic Circuit Technology Co., Ltd to Report First Half, 2025 Results on Aug 27, 2025 Olympic Circuit Technology Co., Ltd announced that they will report first half, 2025 results on Aug 27, 2025 Annuncio • Apr 16
Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 06, 2025 Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 06, 2025, at 13:30 China Standard Time. Location: The Company's Meeting Room, Heshan, Guangdong China Annuncio • Mar 28
Olympic Circuit Technology Co., Ltd to Report Q1, 2025 Results on Apr 16, 2025 Olympic Circuit Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 16, 2025 Annuncio • Dec 27
Olympic Circuit Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 16, 2025 Olympic Circuit Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 16, 2025 Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥32.62, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥46.08 per share. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.33 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.29. Revenue: CN¥1.28b (up 6.8% from 3Q 2023). Net income: CN¥180.2m (flat on 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue is forecast to grow 18% 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 16% After last week's 16% share price decline to CN¥23.40, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥45.82 per share. Annuncio • Sep 30
Olympic Circuit Technology Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024 Olympic Circuit Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥23.15, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 99% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥46.00 per share. New Risk • Sep 25
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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (24% increase in shares outstanding). Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥22.24, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 52% over the past three years. New Risk • Jul 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 7.6% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥22.08, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 85% over the past three years. Annuncio • Jun 29
Olympic Circuit Technology Co., Ltd to Report First Half, 2024 Results on Aug 23, 2024 Olympic Circuit Technology Co., Ltd announced that they will report first half, 2024 results on Aug 23, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.14 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.14 in 1Q 2023). Revenue: CN¥1.09b (up 7.7% from 1Q 2023). Net income: CN¥108.6m (up 45% from 1Q 2023). Profit margin: 9.9% (up from 7.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 26
Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 15, 2024 Olympic Circuit Technology Co., Ltd, Annual General Meeting, May 15, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Heshan, Guangdong China New Risk • Apr 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (24% increase in shares outstanding). Annuncio • Mar 29
Olympic Circuit Technology Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024 Olympic Circuit Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥16.70, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥13.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 4.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.21 per share. Annuncio • Dec 29
Olympic Circuit Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 25, 2024 Olympic Circuit Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.33 (vs CN¥0.33 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.33 (up from CN¥0.33 in 3Q 2022). Revenue: CN¥1.20b (up 5.0% from 3Q 2022). Net income: CN¥178.5m (up 8.4% from 3Q 2022). Profit margin: 15% (in line with 3Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.13 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.23 (up from CN¥0.13 in 2Q 2022). Revenue: CN¥1.14b (down 7.2% from 2Q 2022). Net income: CN¥120.9m (up 40% from 2Q 2022). Profit margin: 11% (up from 7.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annuncio • Jun 28
Olympic Circuit Technology Co., Ltd to Report First Half, 2023 Results on Aug 30, 2023 Olympic Circuit Technology Co., Ltd announced that they will report first half, 2023 results on Aug 30, 2023 Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥20.38, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 30% over the past year. Reported Earnings • Apr 28
Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.14 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥1.14b (up 3.0% from 3Q 2021). Net income: CN¥164.6m (up 111% from 3Q 2021). Profit margin: 14% (up from 7.0% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 18% 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 • Apr 26
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥16.71, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 37% over the past year. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.14 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥1.14b (up 3.0% from 3Q 2021). Net income: CN¥164.6m (up 111% from 3Q 2021). Profit margin: 14% (up from 7.0% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥15.41, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 4.3% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.22 per share. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.096 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.096 in 2Q 2021). Revenue: CN¥1.22b (up 51% from 2Q 2021). Net income: CN¥86.3m (up 71% from 2Q 2021). Profit margin: 7.0% (up from 6.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 27% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥18.55, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 40% over the past year. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥18.84, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 39% over the past year. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.054 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.09 (up from CN¥0.054 in 1Q 2021). Revenue: CN¥977.6m (up 42% from 1Q 2021). Net income: CN¥47.2m (up 69% from 1Q 2021). Profit margin: 4.8% (up from 4.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 25%, compared to a 24% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥17.09, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 31% over the past year. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥23.77, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥22.82, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 12% over the past year. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥23.79, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 2.9% over the past year. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥21.52, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 3.7% over the past year. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 30% share price gain to CN¥15.43, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 12% over the past year. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.096 (vs CN¥0.17 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥813.1m (up 30% from 2Q 2020). Net income: CN¥50.3m (down 45% from 2Q 2020). Profit margin: 6.2% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥14.43, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 18% over the past year. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.13 in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥687.7m (up 38% from 1Q 2020). Net income: CN¥27.9m (down 46% from 1Q 2020). Profit margin: 4.1% (down from 10% in 1Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Apr 15
Full year 2020 earnings released: EPS CN¥0.75 (vs CN¥0.81 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¥2.54b (up 4.0% from FY 2019). Net income: CN¥303.7m (down 7.1% from FY 2019). Profit margin: 12% (down from 13% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Feb 27
New 90-day low: CN¥19.18 The company is down 37% from its price of CN¥30.62 on 27 November 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥23.45 The company is down 3.0% from its price of CN¥24.18 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Valuation Update With 7 Day Price Move • Nov 06
Market bids up stock over the past week After last week's 16% share price gain to CN¥28.00, the stock is trading at a trailing P/E ratio of 34.9x, up from the previous P/E ratio of 30.1x. This compares to an average P/E of 48x in the Electronic industry in China. Is New 90 Day High Low • Nov 06
New 90-day high: CN¥28.00 The company is up 19% from its price of CN¥23.46 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥324.7m, up 16% from the prior year. Total revenue was CN¥2.49b over the last 12 months, up 7.4% from the prior year.