Appotronics（688007）株式概要Appotronics Corporation Limitedは、中国においてレーザーディスプレイ装置および機械の研究開発、製造、販売、リースを行っている。 詳細688007 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長3/6過去の実績0/6財務の健全性3/6配当金0/6報酬収益は年間84.2%増加すると予測されています リスク分析リスクチェックの結果、688007 、リスクは検出されなかった。すべてのリスクチェックを見る688007 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥15.80109.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-289m3b2016201920222025202620282031Revenue CN¥2.8bEarnings CN¥232.7mAdvancedSet Fair ValueView all narrativesAppotronics Corporation Limited 競合他社Zhuhai Raysharp TechnologyLtdSymbol: SZSE:301042Market cap: CN¥7.1bWuhan Huazhong Numerical ControlLtdSymbol: SZSE:300161Market cap: CN¥7.9bHarbin Xinguang Optic-Electronics TechnologyLtdSymbol: SHSE:688011Market cap: CN¥6.8bColorlight Cloud TechSymbol: SZSE:301391Market cap: CN¥7.8b価格と性能株価の高値、安値、推移の概要Appotronics過去の株価現在の株価CN¥15.8052週高値CN¥25.3052週安値CN¥13.06ベータ0.781ヶ月の変化9.72%3ヶ月変化-7.82%1年変化7.05%3年間の変化-25.65%5年間の変化n/aIPOからの変化-43.27%最新ニュースお知らせ • Apr 30Appotronics Corporation Limited, Annual General Meeting, May 21, 2026Appotronics Corporation Limited, Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: 32F, No. 8, Xiandong Road, Xili Subdistrict, Nanshan District, Shenzhen, Guangdong Chinaお知らせ • Mar 30Appotronics Corporation Limited to Report Q1, 2026 Results on Apr 30, 2026Appotronics Corporation Limited announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Jan 21Appotronics Corporation Ltd. Unveils World's First Laser+LCOS Optical Engine Prototype for AR Glasses at SPIE Photonics WestAppotronics Corporation Ltd. unveiled the world's first Laser+LCOS optical engine prototype for Augmented Reality (AR) glasses at the AR | VR | MR Exhibition of SPIE Photonics West 2026. This demonstration signifies the first successful convergence of laser display technology with the AR glasses form factor, establishing a critical milestone toward consumer-grade, all-day wearable AR devices. Held from January 20 to 22 in San Francisco, SPIE Photonics West is the premier global event for lasers, biomedical optics, optoelectronics, and vision technologies, attracting approximately 24,000 industry participants. This prototype reveal follows Appotronics' initial international presentation of the laser+LCOS concept two months prior at the Laser Illuminated Projector Association (LIPA) 2025 annual general meeting in New York. A Technological Leap: Harnessing Laser's Innate Advantages: Unlike LED-based systems, the laser+LCOS route capitalizes on the laser's natural polarization and exceptional collimation. This fundamental advantage eliminates the need for inefficient polarization conversion optics and enables a drastically compact optical engine architecture. This breakthrough paves the way for AR displays that are significantly brighter, more power-efficient, and compact enough for practical, all-day wearability. Collaborative Ecosystem and Competitive Edge: Chen stressed that realizing the full potential of laser AR requires broad industry collaboration, involving LCOS panel and MEMS developers. In this spirit, Appotronics has recently joined the Laser Display for AR Working Group, an industry consortium dedicated to fostering technical standards and accelerating the adoption of laser technology in AR. Performance Potential: Doubling Efficiency and Beyond: Compared to Appotronics' current Dragonfly series products (which were unveiled at CES 2026 just two weeks ago, are also on display here at Photonics West, and represent the company's latest commercially available optical engine solutions), the laser+LCOS engine prototype demonstrates profound potential across key metrics: Double the system optical efficiency. Superior brightness. A significantly wider color gamut. Reduced energy consumption and lower overall thermal load, longer battery life and comfort. Addressing Core Challenges: Speckle Reduction and Thermal Management Implementing lasers in AR necessitates overcoming hurdles like speckle noise and thermal management. Appotronics detailed its solutions in two technical papers presented at SPIE. The paper titled "System-level optimized high-efficiency compact RGB laser LCoS AR light engine" describes an ultra-compact (~1.4 cc) engine featuring a front-illumination, PBS-free design for miniaturization. A key innovation is a Laser Speckle Reducer module that successfully lowers speckle contrast from ~35% to ~13%, achieving 8 lm/W efficiency. The study also identifies the precise thermal management required to stabilize the wavelength of red laser diodes as a primary focus for ongoing development. Future Roadmap and Parallel Innovation Chen noted that mass production of the laser+LCOS engine could be achieved in approximately one year, contingent on further refinement of speckle reduction and clear market demand from clients. In parallel, Appotronics is advancing another technological pathway. A second paper, "High-resolution Lissajous scanning light engine with wide field of view for AR glasses," proposes a novel imaging method to overcome the resolution limitations of Lissajous-based Laser Beam Scanning (LBS). This research aims to enable high-definition displays with a field of view exceeding 60°, showcasing the company's broad expertise in next-generation AR display technologies. To sustain its competitive edge, Appotronics is actively seeking to recruit globally-minded, top-tier engineering and research talent during the SPIE Photonics West event week.お知らせ • Jan 08+ 1 more updateAppotronics Showcases Hair Regrowth and Skincare Series At Ces 2026, Inspiring Hope for MillionsAt CES 2026, Appotronics is showcasing its first-ever series of laser-care products for the personal-wellness industry - with products that aim to deliver life-changing hair-regrowth and skin-rejuvenation. The trio of products - the Laser Hair Regrowth Cap, the Laser Hair Growth Band, and the Multi-Function Laser Beauty Device - incorporate the company's core laser expertise and transform professional-grade phototherapy into convenient, at-home routines with user-friendly designs. The products aim to address an individual's two primary concerns: the physical well-being of their hair and skin, as well as their emotional well-being. Both of these areas can affect self-confidence and drive personal securities, says Chen Menghao, General Manager of the Appotronics Innovation Center. Regarding the Laser Hair Regrowth Cap. For example, the product is ideally suited for customers who have lost significant hair, yet still have active follicles. Less suitable are people who have, unfortunately, lost the ability to grow hair. Chen's team of engineers has already conducted six months' worth of studies, evaluating on individuals and recording results of 3 to 5 millimeters of new hair regrowth. The results have been so positive, says Chen, that CES 2026 was the perfect venue to unveil this product. The company now seeks new partners for all three products, then will present them for approval from the U.S. Food and Drug Administration (FDA). Only then will the products be eligible for market-release. Core Technology: Precision Laser Engineering: The series is built on Appotronics' advanced 650nm low-level laser technology. This "golden wavelength" offers superior penetration (3-5mm) to effectively reach hair follicles and skin dermis. Key innovations include the Laser Speckle Effect, which focuses energy for enhanced cellular activation, and proprietary Light Homogenization Technology, ensuring uniform energy distribution for consistent, all-over results. This represents a significant advantage over conventional solutions currently on the market. Product Highlights: Laser Hair Regrowth Cap: Unlike competitors with limited scalp coverage, this cap is designed for complete scalp coverage. This ultra-lightweight (165g) cap features 120 red lasers and a discreet split-body design, enabling 20-minute daily treatments seamlessly integrated under any hat. In fact, the laser technology is so strong, Appotronics restricts usage to 20 minutes per day. Laser Hair Growth Band: Targeting specific areas like the hairline and wherever hair parts, this 140g headband uses 40 red lasers for a precise 10-minute daily treatment. Its detachable, washable design offers a comfortable, hygienic and specialized care routine. Multi-Function Laser Beauty Device: This device integrates 56 red lasers and full-spectrum LEDs, specializing in anti-inflammatory treatment and pigmentation reduction. It offers five professional modes for targeted care. Utilizing professional-grade red light phototherapy, it supports comprehensive treatment for both facial and full-body applications. Transforming Professional Care into Daily Life: The series addresses hair thinning and skin concerns with non-invasive, therapeutic technology. By making deep-reaching laser therapy portable and easy to use, Appotronics empowers users to pursue effective wellness regimens at home, offering a convenient alternative to frequent clinic visits. The positive response at CES 2026 even surpassed Appotronics expectations. Attendees consistently engaged with the demos, expressing particular interest in the products' efficacy, as well as their elegant, practical designs.お知らせ • Dec 26Appotronics Corporation Limited to Report Fiscal Year 2025 Results on Apr 30, 2026Appotronics Corporation Limited announced that they will report fiscal year 2025 results on Apr 30, 2026お知らせ • Nov 24Appotronics Touts Laser+LCoS as Key to Revolutionizing AR Glasses Experience at LIPA 2025At the Laser Illuminated Projector Association (LIPA) 2025 annual general meeting, Appotronics detailed the compelling advantages of the laser+LCoS technological route for the future of augmented reality (AR) glasses. James Tian, Senior Business Development Director, delivered a keynote titled "Dare to be the first" before an audience of LIPA members--including industry leaders such as Texas Instruments, Barco, Epson, Panasonic, Nichia, and Christie--as well as academic experts, outlining how this approach addresses core challenges in brightness, efficiency, and form factor. Tian emphasized that as AR glasses evolve from simple information prompts to full-content displays--powered by AI for applications like real-time translation, navigation, and first-person preview--the demand for high-performance optics becomes critical. The laser+LCoS route, leveraging laser's natural polarization and exceptional collimation, eliminates the need for inefficient polarizers and enables a drastically smaller optical engine. This foundation paves the way for displays that are brighter, more efficient, and compact enough for all-day wearability. Following the presentation of this future technology roadmap, Tian introduced Appotronics' current optical engine solution for AR glasses, the Dragonfly G1. The Dragonfly G1 is an ultra-compact, dual-split LCoS optical engine designed for high efficiency and comfort, featuring a volume of just 0.35cc per eye and remarkably low system power consumption. Its unique architecture supports high-efficiency waveguide coupling, enables premium 3D display, allows for elegant and adjustable eyewear designs, and significantly boosts production yield to reduce costs.最新情報をもっと見るRecent updatesお知らせ • Apr 30Appotronics Corporation Limited, Annual General Meeting, May 21, 2026Appotronics Corporation Limited, Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: 32F, No. 8, Xiandong Road, Xili Subdistrict, Nanshan District, Shenzhen, Guangdong Chinaお知らせ • Mar 30Appotronics Corporation Limited to Report Q1, 2026 Results on Apr 30, 2026Appotronics Corporation Limited announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Jan 21Appotronics Corporation Ltd. Unveils World's First Laser+LCOS Optical Engine Prototype for AR Glasses at SPIE Photonics WestAppotronics Corporation Ltd. unveiled the world's first Laser+LCOS optical engine prototype for Augmented Reality (AR) glasses at the AR | VR | MR Exhibition of SPIE Photonics West 2026. This demonstration signifies the first successful convergence of laser display technology with the AR glasses form factor, establishing a critical milestone toward consumer-grade, all-day wearable AR devices. Held from January 20 to 22 in San Francisco, SPIE Photonics West is the premier global event for lasers, biomedical optics, optoelectronics, and vision technologies, attracting approximately 24,000 industry participants. This prototype reveal follows Appotronics' initial international presentation of the laser+LCOS concept two months prior at the Laser Illuminated Projector Association (LIPA) 2025 annual general meeting in New York. A Technological Leap: Harnessing Laser's Innate Advantages: Unlike LED-based systems, the laser+LCOS route capitalizes on the laser's natural polarization and exceptional collimation. This fundamental advantage eliminates the need for inefficient polarization conversion optics and enables a drastically compact optical engine architecture. This breakthrough paves the way for AR displays that are significantly brighter, more power-efficient, and compact enough for practical, all-day wearability. Collaborative Ecosystem and Competitive Edge: Chen stressed that realizing the full potential of laser AR requires broad industry collaboration, involving LCOS panel and MEMS developers. In this spirit, Appotronics has recently joined the Laser Display for AR Working Group, an industry consortium dedicated to fostering technical standards and accelerating the adoption of laser technology in AR. Performance Potential: Doubling Efficiency and Beyond: Compared to Appotronics' current Dragonfly series products (which were unveiled at CES 2026 just two weeks ago, are also on display here at Photonics West, and represent the company's latest commercially available optical engine solutions), the laser+LCOS engine prototype demonstrates profound potential across key metrics: Double the system optical efficiency. Superior brightness. A significantly wider color gamut. Reduced energy consumption and lower overall thermal load, longer battery life and comfort. Addressing Core Challenges: Speckle Reduction and Thermal Management Implementing lasers in AR necessitates overcoming hurdles like speckle noise and thermal management. Appotronics detailed its solutions in two technical papers presented at SPIE. The paper titled "System-level optimized high-efficiency compact RGB laser LCoS AR light engine" describes an ultra-compact (~1.4 cc) engine featuring a front-illumination, PBS-free design for miniaturization. A key innovation is a Laser Speckle Reducer module that successfully lowers speckle contrast from ~35% to ~13%, achieving 8 lm/W efficiency. The study also identifies the precise thermal management required to stabilize the wavelength of red laser diodes as a primary focus for ongoing development. Future Roadmap and Parallel Innovation Chen noted that mass production of the laser+LCOS engine could be achieved in approximately one year, contingent on further refinement of speckle reduction and clear market demand from clients. In parallel, Appotronics is advancing another technological pathway. A second paper, "High-resolution Lissajous scanning light engine with wide field of view for AR glasses," proposes a novel imaging method to overcome the resolution limitations of Lissajous-based Laser Beam Scanning (LBS). This research aims to enable high-definition displays with a field of view exceeding 60°, showcasing the company's broad expertise in next-generation AR display technologies. To sustain its competitive edge, Appotronics is actively seeking to recruit globally-minded, top-tier engineering and research talent during the SPIE Photonics West event week.お知らせ • Jan 08+ 1 more updateAppotronics Showcases Hair Regrowth and Skincare Series At Ces 2026, Inspiring Hope for MillionsAt CES 2026, Appotronics is showcasing its first-ever series of laser-care products for the personal-wellness industry - with products that aim to deliver life-changing hair-regrowth and skin-rejuvenation. The trio of products - the Laser Hair Regrowth Cap, the Laser Hair Growth Band, and the Multi-Function Laser Beauty Device - incorporate the company's core laser expertise and transform professional-grade phototherapy into convenient, at-home routines with user-friendly designs. The products aim to address an individual's two primary concerns: the physical well-being of their hair and skin, as well as their emotional well-being. Both of these areas can affect self-confidence and drive personal securities, says Chen Menghao, General Manager of the Appotronics Innovation Center. Regarding the Laser Hair Regrowth Cap. For example, the product is ideally suited for customers who have lost significant hair, yet still have active follicles. Less suitable are people who have, unfortunately, lost the ability to grow hair. Chen's team of engineers has already conducted six months' worth of studies, evaluating on individuals and recording results of 3 to 5 millimeters of new hair regrowth. The results have been so positive, says Chen, that CES 2026 was the perfect venue to unveil this product. The company now seeks new partners for all three products, then will present them for approval from the U.S. Food and Drug Administration (FDA). Only then will the products be eligible for market-release. Core Technology: Precision Laser Engineering: The series is built on Appotronics' advanced 650nm low-level laser technology. This "golden wavelength" offers superior penetration (3-5mm) to effectively reach hair follicles and skin dermis. Key innovations include the Laser Speckle Effect, which focuses energy for enhanced cellular activation, and proprietary Light Homogenization Technology, ensuring uniform energy distribution for consistent, all-over results. This represents a significant advantage over conventional solutions currently on the market. Product Highlights: Laser Hair Regrowth Cap: Unlike competitors with limited scalp coverage, this cap is designed for complete scalp coverage. This ultra-lightweight (165g) cap features 120 red lasers and a discreet split-body design, enabling 20-minute daily treatments seamlessly integrated under any hat. In fact, the laser technology is so strong, Appotronics restricts usage to 20 minutes per day. Laser Hair Growth Band: Targeting specific areas like the hairline and wherever hair parts, this 140g headband uses 40 red lasers for a precise 10-minute daily treatment. Its detachable, washable design offers a comfortable, hygienic and specialized care routine. Multi-Function Laser Beauty Device: This device integrates 56 red lasers and full-spectrum LEDs, specializing in anti-inflammatory treatment and pigmentation reduction. It offers five professional modes for targeted care. Utilizing professional-grade red light phototherapy, it supports comprehensive treatment for both facial and full-body applications. Transforming Professional Care into Daily Life: The series addresses hair thinning and skin concerns with non-invasive, therapeutic technology. By making deep-reaching laser therapy portable and easy to use, Appotronics empowers users to pursue effective wellness regimens at home, offering a convenient alternative to frequent clinic visits. The positive response at CES 2026 even surpassed Appotronics expectations. Attendees consistently engaged with the demos, expressing particular interest in the products' efficacy, as well as their elegant, practical designs.お知らせ • Dec 26Appotronics Corporation Limited to Report Fiscal Year 2025 Results on Apr 30, 2026Appotronics Corporation Limited announced that they will report fiscal year 2025 results on Apr 30, 2026お知らせ • Nov 24Appotronics Touts Laser+LCoS as Key to Revolutionizing AR Glasses Experience at LIPA 2025At the Laser Illuminated Projector Association (LIPA) 2025 annual general meeting, Appotronics detailed the compelling advantages of the laser+LCoS technological route for the future of augmented reality (AR) glasses. James Tian, Senior Business Development Director, delivered a keynote titled "Dare to be the first" before an audience of LIPA members--including industry leaders such as Texas Instruments, Barco, Epson, Panasonic, Nichia, and Christie--as well as academic experts, outlining how this approach addresses core challenges in brightness, efficiency, and form factor. Tian emphasized that as AR glasses evolve from simple information prompts to full-content displays--powered by AI for applications like real-time translation, navigation, and first-person preview--the demand for high-performance optics becomes critical. The laser+LCoS route, leveraging laser's natural polarization and exceptional collimation, eliminates the need for inefficient polarizers and enables a drastically smaller optical engine. This foundation paves the way for displays that are brighter, more efficient, and compact enough for all-day wearability. Following the presentation of this future technology roadmap, Tian introduced Appotronics' current optical engine solution for AR glasses, the Dragonfly G1. The Dragonfly G1 is an ultra-compact, dual-split LCoS optical engine designed for high efficiency and comfort, featuring a volume of just 0.35cc per eye and remarkably low system power consumption. Its unique architecture supports high-efficiency waveguide coupling, enables premium 3D display, allows for elegant and adjustable eyewear designs, and significantly boosts production yield to reduce costs.お知らせ • Sep 30Appotronics Corporation Limited to Report Q3, 2025 Results on Oct 31, 2025Appotronics Corporation Limited announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jun 30Appotronics Corporation Limited to Report First Half, 2025 Results on Aug 30, 2025Appotronics Corporation Limited announced that they will report first half, 2025 results on Aug 30, 2025お知らせ • Apr 30Appotronics Corporation Limited, Annual General Meeting, May 20, 2025Appotronics Corporation Limited, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: 32F, No. 8, Xiandong Road, Xili Community, Xili Subdistrict, Nanshan District, Shenzhen, Guangdong Chinaお知らせ • Apr 28Appotronics Corporation Limited Debuts Full-Vehicle Optical System At Shanghai Auto ShowAt Auto Shanghai 2025, Appotronics unveiled its groundbreaking Lingjing Intelligent Automotive Optical System – a comprehensive solution enabling dynamic projections on any vehicle surface, both interior and exterior, including windshields, dashboards, seats, and windows. The system delivers high-luminance lighting and interactive displays, transforming vehicles into responsive 'digital emotional spaces' that adapt to occupants' needs in real time. The system spans seven key application scenarios, redefining in-vehicle functionality and user experience: Artistic ambient lighting, Rear-seat entertainment with privacy-preserving large-screen projection, Dynamic pathway lighting that conveys mood and context, Boundary-free interactive displays on smart surfaces, Side window interfaces for human-vehicle interaction, ALL-in-ONE laser smart headlights combining illumination and display capabilities.お知らせ • Apr 17Appotronics Corporation Limited (SHSE:688007) announces an Equity Buyback for CNY 20 million worth of its shares.Appotronics Corporation Limited (SHSE:688007) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 20 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 18.50 per share. The repurchased shares will be used for Equity incentive or ESOP. The plan will be valid for 6 months.お知らせ • Mar 28Appotronics Corporation Limited to Report Q1, 2025 Results on Apr 30, 2025Appotronics Corporation Limited announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 27Appotronics Corporation Limited to Report Fiscal Year 2024 Results on Apr 30, 2025Appotronics Corporation Limited announced that they will report fiscal year 2024 results on Apr 30, 2025New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% 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 Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin).お知らせ • Sep 30Appotronics Corporation Limited to Report Q3, 2024 Results on Oct 19, 2024Appotronics Corporation Limited announced that they will report Q3, 2024 results on Oct 19, 2024Reported Earnings • Sep 05Second quarter 2024 earnings released: CN¥0.052 loss per share (vs CN¥0.13 profit in 2Q 2023)Second quarter 2024 results: CN¥0.052 loss per share (down from CN¥0.13 profit in 2Q 2023). Revenue: CN¥636.4m (up 3.6% from 2Q 2023). Net loss: CN¥33.6m (down 155% from profit in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.お知らせ • Jun 29Appotronics Corporation Limited to Report First Half, 2024 Results on Aug 17, 2024Appotronics Corporation Limited announced that they will report first half, 2024 results on Aug 17, 2024お知らせ • May 15Appotronics Corporation Limited, Annual General Meeting, Jun 03, 2024Appotronics Corporation Limited, Annual General Meeting, Jun 03, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong ChinaReported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.03 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.03 in 1Q 2023). Revenue: CN¥445.0m (down 3.0% from 1Q 2023). Net income: CN¥44.5m (up 226% from 1Q 2023). Profit margin: 10.0% (up from 3.0% in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China.お知らせ • Mar 29Appotronics Corporation Limited to Report Q1, 2024 Results on Apr 27, 2024Appotronics Corporation Limited announced that they will report Q1, 2024 results on Apr 27, 2024Buy Or Sell Opportunity • Mar 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to CN¥17.88. The fair value is estimated to be CN¥22.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 79% in 2 years. Earnings are forecast to grow by 228% in the next 2 years.Reported Earnings • Feb 24Full year 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.26 in FY 2022)Full year 2023 results: EPS: CN¥0.22 (down from CN¥0.26 in FY 2022). Revenue: CN¥2.22b (down 13% from FY 2022). Net income: CN¥102.0m (down 15% from FY 2022). Profit margin: 4.6% (down from 4.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥16.40, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.42 per share.お知らせ • Feb 01Appotronics Corporation Limited (SHSE:688007) announces an Equity Buyback for CNY 60 million worth of its shares.Appotronics Corporation Limited (SHSE:688007) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The program will be valid for 6 months.お知らせ • Dec 30Appotronics Corporation Limited to Report Fiscal Year 2023 Results on Apr 27, 2024Appotronics Corporation Limited announced that they will report fiscal year 2023 results on Apr 27, 2024Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.10 in 3Q 2022). Revenue: CN¥577.4m (down 4.8% from 3Q 2022). Net income: CN¥53.6m (up 18% from 3Q 2022). Profit margin: 9.3% (up from 7.5% in 3Q 2022). Revenue is forecast to grow 24% 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 fallen by 8% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • Sep 30Appotronics Corporation Limited to Report Q3, 2023 Results on Oct 27, 2023Appotronics Corporation Limited announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.059 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.059 in 2Q 2022). Revenue: CN¥614.2m (down 18% from 2Q 2022). Net income: CN¥61.3m (up 118% from 2Q 2022). Profit margin: 10.0% (up from 3.8% in 2Q 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. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.お知らせ • Jun 28Appotronics Corporation Limited to Report First Half, 2023 Results on Aug 18, 2023Appotronics Corporation Limited announced that they will report first half, 2023 results on Aug 18, 2023Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.04 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2022). Revenue: CN¥459.0m (down 13% from 1Q 2022). Net income: CN¥13.7m (down 24% from 1Q 2022). Profit margin: 3.0% (down from 3.4% in 1Q 2022). Revenue is forecast to grow 35% 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 fallen by 5% per year whereas the company’s share price has fallen by 1% per year.Board Change • Mar 14Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director YC Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.株主還元688007CN ElectronicCN 市場7D6.2%5.9%3.2%1Y7.0%101.7%36.5%株主還元を見る業界別リターン: 688007過去 1 年間で101.7 % の収益を上げたCN Electronic業界を下回りました。リターン対市場: 688007は、過去 1 年間で36.5 % のリターンを上げたCN市場を下回りました。価格変動Is 688007's price volatile compared to industry and market?688007 volatility688007 Average Weekly Movement5.2%Electronic Industry Average Movement7.3%Market Average Movement6.3%10% most volatile stocks in CN Market9.9%10% least volatile stocks in CN Market4.2%安定した株価: 688007 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 688007の 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20061,377Yi Liwww.appotronics.comAppotronics Corporation Limitedは、中国でレーザーディスプレイ装置および機械の研究開発、生産、販売、リースを行っている。同社の製品には、レーザービジネス教育プロジェクター、スマートマイクロプロジェクター、レーザーテレビ、レーザーエンジニアリングプロジェクター、レーザームービープロジェクターなどがある。コンピュータ、通信、その他の電子機器製造業にサービスを提供している。同社は2006年に設立され、中国の深センに本社を置いている。もっと見るAppotronics Corporation Limited 基礎のまとめAppotronics の収益と売上を時価総額と比較するとどうか。688007 基礎統計学時価総額CN¥7.21b収益（TTM）-CN¥289.48m売上高(TTM)CN¥1.48b4.8xP/Sレシオ-24.7xPER（株価収益率688007 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計688007 損益計算書（TTM）収益CN¥1.48b売上原価CN¥1.04b売上総利益CN¥444.32mその他の費用CN¥733.80m収益-CN¥289.48m直近の収益報告Mar 31, 2026次回決算日May 22, 2026一株当たり利益（EPS）-0.63グロス・マージン30.02%純利益率-19.56%有利子負債／自己資本比率21.9%688007 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.2%現在の配当利回り-7%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/11 12:22終値2026/05/08 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Appotronics Corporation Limited 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9 アナリスト機関Shunhe JiaChina International Capital Corporation LimitedYizhen LiCitic Securities Co., Ltd.Nicolas YiGoldman Sachs6 その他のアナリストを表示
お知らせ • Apr 30Appotronics Corporation Limited, Annual General Meeting, May 21, 2026Appotronics Corporation Limited, Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: 32F, No. 8, Xiandong Road, Xili Subdistrict, Nanshan District, Shenzhen, Guangdong China
お知らせ • Mar 30Appotronics Corporation Limited to Report Q1, 2026 Results on Apr 30, 2026Appotronics Corporation Limited announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Jan 21Appotronics Corporation Ltd. Unveils World's First Laser+LCOS Optical Engine Prototype for AR Glasses at SPIE Photonics WestAppotronics Corporation Ltd. unveiled the world's first Laser+LCOS optical engine prototype for Augmented Reality (AR) glasses at the AR | VR | MR Exhibition of SPIE Photonics West 2026. This demonstration signifies the first successful convergence of laser display technology with the AR glasses form factor, establishing a critical milestone toward consumer-grade, all-day wearable AR devices. Held from January 20 to 22 in San Francisco, SPIE Photonics West is the premier global event for lasers, biomedical optics, optoelectronics, and vision technologies, attracting approximately 24,000 industry participants. This prototype reveal follows Appotronics' initial international presentation of the laser+LCOS concept two months prior at the Laser Illuminated Projector Association (LIPA) 2025 annual general meeting in New York. A Technological Leap: Harnessing Laser's Innate Advantages: Unlike LED-based systems, the laser+LCOS route capitalizes on the laser's natural polarization and exceptional collimation. This fundamental advantage eliminates the need for inefficient polarization conversion optics and enables a drastically compact optical engine architecture. This breakthrough paves the way for AR displays that are significantly brighter, more power-efficient, and compact enough for practical, all-day wearability. Collaborative Ecosystem and Competitive Edge: Chen stressed that realizing the full potential of laser AR requires broad industry collaboration, involving LCOS panel and MEMS developers. In this spirit, Appotronics has recently joined the Laser Display for AR Working Group, an industry consortium dedicated to fostering technical standards and accelerating the adoption of laser technology in AR. Performance Potential: Doubling Efficiency and Beyond: Compared to Appotronics' current Dragonfly series products (which were unveiled at CES 2026 just two weeks ago, are also on display here at Photonics West, and represent the company's latest commercially available optical engine solutions), the laser+LCOS engine prototype demonstrates profound potential across key metrics: Double the system optical efficiency. Superior brightness. A significantly wider color gamut. Reduced energy consumption and lower overall thermal load, longer battery life and comfort. Addressing Core Challenges: Speckle Reduction and Thermal Management Implementing lasers in AR necessitates overcoming hurdles like speckle noise and thermal management. Appotronics detailed its solutions in two technical papers presented at SPIE. The paper titled "System-level optimized high-efficiency compact RGB laser LCoS AR light engine" describes an ultra-compact (~1.4 cc) engine featuring a front-illumination, PBS-free design for miniaturization. A key innovation is a Laser Speckle Reducer module that successfully lowers speckle contrast from ~35% to ~13%, achieving 8 lm/W efficiency. The study also identifies the precise thermal management required to stabilize the wavelength of red laser diodes as a primary focus for ongoing development. Future Roadmap and Parallel Innovation Chen noted that mass production of the laser+LCOS engine could be achieved in approximately one year, contingent on further refinement of speckle reduction and clear market demand from clients. In parallel, Appotronics is advancing another technological pathway. A second paper, "High-resolution Lissajous scanning light engine with wide field of view for AR glasses," proposes a novel imaging method to overcome the resolution limitations of Lissajous-based Laser Beam Scanning (LBS). This research aims to enable high-definition displays with a field of view exceeding 60°, showcasing the company's broad expertise in next-generation AR display technologies. To sustain its competitive edge, Appotronics is actively seeking to recruit globally-minded, top-tier engineering and research talent during the SPIE Photonics West event week.
お知らせ • Jan 08+ 1 more updateAppotronics Showcases Hair Regrowth and Skincare Series At Ces 2026, Inspiring Hope for MillionsAt CES 2026, Appotronics is showcasing its first-ever series of laser-care products for the personal-wellness industry - with products that aim to deliver life-changing hair-regrowth and skin-rejuvenation. The trio of products - the Laser Hair Regrowth Cap, the Laser Hair Growth Band, and the Multi-Function Laser Beauty Device - incorporate the company's core laser expertise and transform professional-grade phototherapy into convenient, at-home routines with user-friendly designs. The products aim to address an individual's two primary concerns: the physical well-being of their hair and skin, as well as their emotional well-being. Both of these areas can affect self-confidence and drive personal securities, says Chen Menghao, General Manager of the Appotronics Innovation Center. Regarding the Laser Hair Regrowth Cap. For example, the product is ideally suited for customers who have lost significant hair, yet still have active follicles. Less suitable are people who have, unfortunately, lost the ability to grow hair. Chen's team of engineers has already conducted six months' worth of studies, evaluating on individuals and recording results of 3 to 5 millimeters of new hair regrowth. The results have been so positive, says Chen, that CES 2026 was the perfect venue to unveil this product. The company now seeks new partners for all three products, then will present them for approval from the U.S. Food and Drug Administration (FDA). Only then will the products be eligible for market-release. Core Technology: Precision Laser Engineering: The series is built on Appotronics' advanced 650nm low-level laser technology. This "golden wavelength" offers superior penetration (3-5mm) to effectively reach hair follicles and skin dermis. Key innovations include the Laser Speckle Effect, which focuses energy for enhanced cellular activation, and proprietary Light Homogenization Technology, ensuring uniform energy distribution for consistent, all-over results. This represents a significant advantage over conventional solutions currently on the market. Product Highlights: Laser Hair Regrowth Cap: Unlike competitors with limited scalp coverage, this cap is designed for complete scalp coverage. This ultra-lightweight (165g) cap features 120 red lasers and a discreet split-body design, enabling 20-minute daily treatments seamlessly integrated under any hat. In fact, the laser technology is so strong, Appotronics restricts usage to 20 minutes per day. Laser Hair Growth Band: Targeting specific areas like the hairline and wherever hair parts, this 140g headband uses 40 red lasers for a precise 10-minute daily treatment. Its detachable, washable design offers a comfortable, hygienic and specialized care routine. Multi-Function Laser Beauty Device: This device integrates 56 red lasers and full-spectrum LEDs, specializing in anti-inflammatory treatment and pigmentation reduction. It offers five professional modes for targeted care. Utilizing professional-grade red light phototherapy, it supports comprehensive treatment for both facial and full-body applications. Transforming Professional Care into Daily Life: The series addresses hair thinning and skin concerns with non-invasive, therapeutic technology. By making deep-reaching laser therapy portable and easy to use, Appotronics empowers users to pursue effective wellness regimens at home, offering a convenient alternative to frequent clinic visits. The positive response at CES 2026 even surpassed Appotronics expectations. Attendees consistently engaged with the demos, expressing particular interest in the products' efficacy, as well as their elegant, practical designs.
お知らせ • Dec 26Appotronics Corporation Limited to Report Fiscal Year 2025 Results on Apr 30, 2026Appotronics Corporation Limited announced that they will report fiscal year 2025 results on Apr 30, 2026
お知らせ • Nov 24Appotronics Touts Laser+LCoS as Key to Revolutionizing AR Glasses Experience at LIPA 2025At the Laser Illuminated Projector Association (LIPA) 2025 annual general meeting, Appotronics detailed the compelling advantages of the laser+LCoS technological route for the future of augmented reality (AR) glasses. James Tian, Senior Business Development Director, delivered a keynote titled "Dare to be the first" before an audience of LIPA members--including industry leaders such as Texas Instruments, Barco, Epson, Panasonic, Nichia, and Christie--as well as academic experts, outlining how this approach addresses core challenges in brightness, efficiency, and form factor. Tian emphasized that as AR glasses evolve from simple information prompts to full-content displays--powered by AI for applications like real-time translation, navigation, and first-person preview--the demand for high-performance optics becomes critical. The laser+LCoS route, leveraging laser's natural polarization and exceptional collimation, eliminates the need for inefficient polarizers and enables a drastically smaller optical engine. This foundation paves the way for displays that are brighter, more efficient, and compact enough for all-day wearability. Following the presentation of this future technology roadmap, Tian introduced Appotronics' current optical engine solution for AR glasses, the Dragonfly G1. The Dragonfly G1 is an ultra-compact, dual-split LCoS optical engine designed for high efficiency and comfort, featuring a volume of just 0.35cc per eye and remarkably low system power consumption. Its unique architecture supports high-efficiency waveguide coupling, enables premium 3D display, allows for elegant and adjustable eyewear designs, and significantly boosts production yield to reduce costs.
お知らせ • Apr 30Appotronics Corporation Limited, Annual General Meeting, May 21, 2026Appotronics Corporation Limited, Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: 32F, No. 8, Xiandong Road, Xili Subdistrict, Nanshan District, Shenzhen, Guangdong China
お知らせ • Mar 30Appotronics Corporation Limited to Report Q1, 2026 Results on Apr 30, 2026Appotronics Corporation Limited announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Jan 21Appotronics Corporation Ltd. Unveils World's First Laser+LCOS Optical Engine Prototype for AR Glasses at SPIE Photonics WestAppotronics Corporation Ltd. unveiled the world's first Laser+LCOS optical engine prototype for Augmented Reality (AR) glasses at the AR | VR | MR Exhibition of SPIE Photonics West 2026. This demonstration signifies the first successful convergence of laser display technology with the AR glasses form factor, establishing a critical milestone toward consumer-grade, all-day wearable AR devices. Held from January 20 to 22 in San Francisco, SPIE Photonics West is the premier global event for lasers, biomedical optics, optoelectronics, and vision technologies, attracting approximately 24,000 industry participants. This prototype reveal follows Appotronics' initial international presentation of the laser+LCOS concept two months prior at the Laser Illuminated Projector Association (LIPA) 2025 annual general meeting in New York. A Technological Leap: Harnessing Laser's Innate Advantages: Unlike LED-based systems, the laser+LCOS route capitalizes on the laser's natural polarization and exceptional collimation. This fundamental advantage eliminates the need for inefficient polarization conversion optics and enables a drastically compact optical engine architecture. This breakthrough paves the way for AR displays that are significantly brighter, more power-efficient, and compact enough for practical, all-day wearability. Collaborative Ecosystem and Competitive Edge: Chen stressed that realizing the full potential of laser AR requires broad industry collaboration, involving LCOS panel and MEMS developers. In this spirit, Appotronics has recently joined the Laser Display for AR Working Group, an industry consortium dedicated to fostering technical standards and accelerating the adoption of laser technology in AR. Performance Potential: Doubling Efficiency and Beyond: Compared to Appotronics' current Dragonfly series products (which were unveiled at CES 2026 just two weeks ago, are also on display here at Photonics West, and represent the company's latest commercially available optical engine solutions), the laser+LCOS engine prototype demonstrates profound potential across key metrics: Double the system optical efficiency. Superior brightness. A significantly wider color gamut. Reduced energy consumption and lower overall thermal load, longer battery life and comfort. Addressing Core Challenges: Speckle Reduction and Thermal Management Implementing lasers in AR necessitates overcoming hurdles like speckle noise and thermal management. Appotronics detailed its solutions in two technical papers presented at SPIE. The paper titled "System-level optimized high-efficiency compact RGB laser LCoS AR light engine" describes an ultra-compact (~1.4 cc) engine featuring a front-illumination, PBS-free design for miniaturization. A key innovation is a Laser Speckle Reducer module that successfully lowers speckle contrast from ~35% to ~13%, achieving 8 lm/W efficiency. The study also identifies the precise thermal management required to stabilize the wavelength of red laser diodes as a primary focus for ongoing development. Future Roadmap and Parallel Innovation Chen noted that mass production of the laser+LCOS engine could be achieved in approximately one year, contingent on further refinement of speckle reduction and clear market demand from clients. In parallel, Appotronics is advancing another technological pathway. A second paper, "High-resolution Lissajous scanning light engine with wide field of view for AR glasses," proposes a novel imaging method to overcome the resolution limitations of Lissajous-based Laser Beam Scanning (LBS). This research aims to enable high-definition displays with a field of view exceeding 60°, showcasing the company's broad expertise in next-generation AR display technologies. To sustain its competitive edge, Appotronics is actively seeking to recruit globally-minded, top-tier engineering and research talent during the SPIE Photonics West event week.
お知らせ • Jan 08+ 1 more updateAppotronics Showcases Hair Regrowth and Skincare Series At Ces 2026, Inspiring Hope for MillionsAt CES 2026, Appotronics is showcasing its first-ever series of laser-care products for the personal-wellness industry - with products that aim to deliver life-changing hair-regrowth and skin-rejuvenation. The trio of products - the Laser Hair Regrowth Cap, the Laser Hair Growth Band, and the Multi-Function Laser Beauty Device - incorporate the company's core laser expertise and transform professional-grade phototherapy into convenient, at-home routines with user-friendly designs. The products aim to address an individual's two primary concerns: the physical well-being of their hair and skin, as well as their emotional well-being. Both of these areas can affect self-confidence and drive personal securities, says Chen Menghao, General Manager of the Appotronics Innovation Center. Regarding the Laser Hair Regrowth Cap. For example, the product is ideally suited for customers who have lost significant hair, yet still have active follicles. Less suitable are people who have, unfortunately, lost the ability to grow hair. Chen's team of engineers has already conducted six months' worth of studies, evaluating on individuals and recording results of 3 to 5 millimeters of new hair regrowth. The results have been so positive, says Chen, that CES 2026 was the perfect venue to unveil this product. The company now seeks new partners for all three products, then will present them for approval from the U.S. Food and Drug Administration (FDA). Only then will the products be eligible for market-release. Core Technology: Precision Laser Engineering: The series is built on Appotronics' advanced 650nm low-level laser technology. This "golden wavelength" offers superior penetration (3-5mm) to effectively reach hair follicles and skin dermis. Key innovations include the Laser Speckle Effect, which focuses energy for enhanced cellular activation, and proprietary Light Homogenization Technology, ensuring uniform energy distribution for consistent, all-over results. This represents a significant advantage over conventional solutions currently on the market. Product Highlights: Laser Hair Regrowth Cap: Unlike competitors with limited scalp coverage, this cap is designed for complete scalp coverage. This ultra-lightweight (165g) cap features 120 red lasers and a discreet split-body design, enabling 20-minute daily treatments seamlessly integrated under any hat. In fact, the laser technology is so strong, Appotronics restricts usage to 20 minutes per day. Laser Hair Growth Band: Targeting specific areas like the hairline and wherever hair parts, this 140g headband uses 40 red lasers for a precise 10-minute daily treatment. Its detachable, washable design offers a comfortable, hygienic and specialized care routine. Multi-Function Laser Beauty Device: This device integrates 56 red lasers and full-spectrum LEDs, specializing in anti-inflammatory treatment and pigmentation reduction. It offers five professional modes for targeted care. Utilizing professional-grade red light phototherapy, it supports comprehensive treatment for both facial and full-body applications. Transforming Professional Care into Daily Life: The series addresses hair thinning and skin concerns with non-invasive, therapeutic technology. By making deep-reaching laser therapy portable and easy to use, Appotronics empowers users to pursue effective wellness regimens at home, offering a convenient alternative to frequent clinic visits. The positive response at CES 2026 even surpassed Appotronics expectations. Attendees consistently engaged with the demos, expressing particular interest in the products' efficacy, as well as their elegant, practical designs.
お知らせ • Dec 26Appotronics Corporation Limited to Report Fiscal Year 2025 Results on Apr 30, 2026Appotronics Corporation Limited announced that they will report fiscal year 2025 results on Apr 30, 2026
お知らせ • Nov 24Appotronics Touts Laser+LCoS as Key to Revolutionizing AR Glasses Experience at LIPA 2025At the Laser Illuminated Projector Association (LIPA) 2025 annual general meeting, Appotronics detailed the compelling advantages of the laser+LCoS technological route for the future of augmented reality (AR) glasses. James Tian, Senior Business Development Director, delivered a keynote titled "Dare to be the first" before an audience of LIPA members--including industry leaders such as Texas Instruments, Barco, Epson, Panasonic, Nichia, and Christie--as well as academic experts, outlining how this approach addresses core challenges in brightness, efficiency, and form factor. Tian emphasized that as AR glasses evolve from simple information prompts to full-content displays--powered by AI for applications like real-time translation, navigation, and first-person preview--the demand for high-performance optics becomes critical. The laser+LCoS route, leveraging laser's natural polarization and exceptional collimation, eliminates the need for inefficient polarizers and enables a drastically smaller optical engine. This foundation paves the way for displays that are brighter, more efficient, and compact enough for all-day wearability. Following the presentation of this future technology roadmap, Tian introduced Appotronics' current optical engine solution for AR glasses, the Dragonfly G1. The Dragonfly G1 is an ultra-compact, dual-split LCoS optical engine designed for high efficiency and comfort, featuring a volume of just 0.35cc per eye and remarkably low system power consumption. Its unique architecture supports high-efficiency waveguide coupling, enables premium 3D display, allows for elegant and adjustable eyewear designs, and significantly boosts production yield to reduce costs.
お知らせ • Sep 30Appotronics Corporation Limited to Report Q3, 2025 Results on Oct 31, 2025Appotronics Corporation Limited announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jun 30Appotronics Corporation Limited to Report First Half, 2025 Results on Aug 30, 2025Appotronics Corporation Limited announced that they will report first half, 2025 results on Aug 30, 2025
お知らせ • Apr 30Appotronics Corporation Limited, Annual General Meeting, May 20, 2025Appotronics Corporation Limited, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: 32F, No. 8, Xiandong Road, Xili Community, Xili Subdistrict, Nanshan District, Shenzhen, Guangdong China
お知らせ • Apr 28Appotronics Corporation Limited Debuts Full-Vehicle Optical System At Shanghai Auto ShowAt Auto Shanghai 2025, Appotronics unveiled its groundbreaking Lingjing Intelligent Automotive Optical System – a comprehensive solution enabling dynamic projections on any vehicle surface, both interior and exterior, including windshields, dashboards, seats, and windows. The system delivers high-luminance lighting and interactive displays, transforming vehicles into responsive 'digital emotional spaces' that adapt to occupants' needs in real time. The system spans seven key application scenarios, redefining in-vehicle functionality and user experience: Artistic ambient lighting, Rear-seat entertainment with privacy-preserving large-screen projection, Dynamic pathway lighting that conveys mood and context, Boundary-free interactive displays on smart surfaces, Side window interfaces for human-vehicle interaction, ALL-in-ONE laser smart headlights combining illumination and display capabilities.
お知らせ • Apr 17Appotronics Corporation Limited (SHSE:688007) announces an Equity Buyback for CNY 20 million worth of its shares.Appotronics Corporation Limited (SHSE:688007) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 20 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 18.50 per share. The repurchased shares will be used for Equity incentive or ESOP. The plan will be valid for 6 months.
お知らせ • Mar 28Appotronics Corporation Limited to Report Q1, 2025 Results on Apr 30, 2025Appotronics Corporation Limited announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 27Appotronics Corporation Limited to Report Fiscal Year 2024 Results on Apr 30, 2025Appotronics Corporation Limited announced that they will report fiscal year 2024 results on Apr 30, 2025
New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% 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 Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin).
お知らせ • Sep 30Appotronics Corporation Limited to Report Q3, 2024 Results on Oct 19, 2024Appotronics Corporation Limited announced that they will report Q3, 2024 results on Oct 19, 2024
Reported Earnings • Sep 05Second quarter 2024 earnings released: CN¥0.052 loss per share (vs CN¥0.13 profit in 2Q 2023)Second quarter 2024 results: CN¥0.052 loss per share (down from CN¥0.13 profit in 2Q 2023). Revenue: CN¥636.4m (up 3.6% from 2Q 2023). Net loss: CN¥33.6m (down 155% from profit in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.
お知らせ • Jun 29Appotronics Corporation Limited to Report First Half, 2024 Results on Aug 17, 2024Appotronics Corporation Limited announced that they will report first half, 2024 results on Aug 17, 2024
お知らせ • May 15Appotronics Corporation Limited, Annual General Meeting, Jun 03, 2024Appotronics Corporation Limited, Annual General Meeting, Jun 03, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.03 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.03 in 1Q 2023). Revenue: CN¥445.0m (down 3.0% from 1Q 2023). Net income: CN¥44.5m (up 226% from 1Q 2023). Profit margin: 10.0% (up from 3.0% in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China.
お知らせ • Mar 29Appotronics Corporation Limited to Report Q1, 2024 Results on Apr 27, 2024Appotronics Corporation Limited announced that they will report Q1, 2024 results on Apr 27, 2024
Buy Or Sell Opportunity • Mar 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 29% to CN¥17.88. The fair value is estimated to be CN¥22.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 79% in 2 years. Earnings are forecast to grow by 228% in the next 2 years.
Reported Earnings • Feb 24Full year 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.26 in FY 2022)Full year 2023 results: EPS: CN¥0.22 (down from CN¥0.26 in FY 2022). Revenue: CN¥2.22b (down 13% from FY 2022). Net income: CN¥102.0m (down 15% from FY 2022). Profit margin: 4.6% (down from 4.7% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥16.40, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥9.42 per share.
お知らせ • Feb 01Appotronics Corporation Limited (SHSE:688007) announces an Equity Buyback for CNY 60 million worth of its shares.Appotronics Corporation Limited (SHSE:688007) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The program will be valid for 6 months.
お知らせ • Dec 30Appotronics Corporation Limited to Report Fiscal Year 2023 Results on Apr 27, 2024Appotronics Corporation Limited announced that they will report fiscal year 2023 results on Apr 27, 2024
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.10 in 3Q 2022). Revenue: CN¥577.4m (down 4.8% from 3Q 2022). Net income: CN¥53.6m (up 18% from 3Q 2022). Profit margin: 9.3% (up from 7.5% in 3Q 2022). Revenue is forecast to grow 24% 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 fallen by 8% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Appotronics Corporation Limited to Report Q3, 2023 Results on Oct 27, 2023Appotronics Corporation Limited announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.059 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.059 in 2Q 2022). Revenue: CN¥614.2m (down 18% from 2Q 2022). Net income: CN¥61.3m (up 118% from 2Q 2022). Profit margin: 10.0% (up from 3.8% in 2Q 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. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.
お知らせ • Jun 28Appotronics Corporation Limited to Report First Half, 2023 Results on Aug 18, 2023Appotronics Corporation Limited announced that they will report first half, 2023 results on Aug 18, 2023
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.04 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2022). Revenue: CN¥459.0m (down 13% from 1Q 2022). Net income: CN¥13.7m (down 24% from 1Q 2022). Profit margin: 3.0% (down from 3.4% in 1Q 2022). Revenue is forecast to grow 35% 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 fallen by 5% per year whereas the company’s share price has fallen by 1% per year.
Board Change • Mar 14Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director YC Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
