공시 • Jun 30
Cnlight Co.,Ltd to Report First Half, 2026 Results on Aug 26, 2026 Cnlight Co.,Ltd announced that they will report first half, 2026 results on Aug 26, 2026 New Risk • Apr 29
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¥90m 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. This is currently the only risk that has been identified for the company. 공시 • Apr 29
Cnlight Co.,Ltd, Annual General Meeting, May 19, 2026 Cnlight Co.,Ltd, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China 공시 • Mar 31
Cnlight Co.,Ltd to Report Q1, 2026 Results on Apr 30, 2026 Cnlight Co.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 공시 • Dec 31
Cnlight Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026 Cnlight Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.005 (vs CN¥0.003 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.005 (up from CN¥0.003 loss in 3Q 2024). Revenue: CN¥75.7m (up 41% from 3Q 2024). Net income: CN¥5.86m (up CN¥8.91m from 3Q 2024). Profit margin: 7.7% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 27% 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. 공시 • Sep 30
Cnlight Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Cnlight Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 공시 • Jul 02
Cnlight Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025 Cnlight Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025 New Risk • May 10
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 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. 공시 • Apr 28
Cnlight Co.,Ltd, Annual General Meeting, May 19, 2025 Cnlight Co.,Ltd, Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China 공시 • Mar 31
Cnlight Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 Cnlight Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 공시 • Dec 31
Cnlight Co.,Ltd to Report Fiscal Year 2024 Results on Apr 28, 2025 Cnlight Co.,Ltd announced that they will report fiscal year 2024 results on Apr 28, 2025 New Risk • Dec 11
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 11% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥156m free cash flow). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). 공시 • Dec 07
Cnlight Co.,Ltd Approves the Election of Ni Zhennian as Independent Director Cnlight Co.,Ltd at its Extraordinary General Meeting held on 05 December 2024 approved the election of Ni Zhennian as independent director. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.003 loss per share (vs CN¥0.003 loss in 3Q 2023) Third quarter 2024 results: CN¥0.003 loss per share (in line with 3Q 2023). Revenue: CN¥53.9m (up 20% from 3Q 2023). Net loss: CN¥3.05m (loss narrowed 3.9% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. 공시 • Sep 30
Cnlight Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Cnlight Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0 (vs CN¥0.004 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0 (improved from CN¥0.004 loss in 2Q 2023). Revenue: CN¥39.7m (up 39% from 2Q 2023). Net income: CN¥429.3k (up CN¥4.78m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. 공시 • Jun 29
Cnlight Co.,Ltd to Report First Half, 2024 Results on Aug 30, 2024 Cnlight Co.,Ltd announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • May 04
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¥148m 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¥148m free cash flow). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). 공시 • Apr 29
Cnlight Co.,Ltd, Annual General Meeting, May 20, 2024 Cnlight Co.,Ltd, Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Reported Earnings • Apr 27
Full year 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.03 profit in FY 2022) Full year 2023 results: CN¥0.01 loss per share (down from CN¥0.03 profit in FY 2022). Revenue: CN¥150.8m (down 3.4% from FY 2022). Net loss: CN¥13.1m (down 148% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥1.63, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 23% over the past three years. 공시 • Mar 30
Cnlight Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Cnlight Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥2.18, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 31x in the Electrical industry in China. Total returns to shareholders of 5.3% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥1.60, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 27x in the Electrical industry in China. Total loss to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to CN¥1.37, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 23x in the Electrical industry in China. Total loss to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥1.95, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 30x in the Electrical industry in China. Total loss to shareholders of 1.5% over the past three years. 공시 • Dec 30
Cnlight Co.,Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024 Cnlight Co.,Ltd announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: CN¥0.003 loss per share (vs CN¥0.04 loss in 3Q 2022) Third quarter 2023 results: CN¥0.003 loss per share (improved from CN¥0.04 loss in 3Q 2022). Revenue: CN¥44.7m (up 70% from 3Q 2022). Net loss: CN¥3.17m (loss narrowed 89% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. 공시 • Sep 30
Cnlight Co.,Ltd to Report Q3, 2023 Results on Oct 28, 2023 Cnlight Co.,Ltd announced that they will report Q3, 2023 results on Oct 28, 2023 New Risk • Jul 23
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 6.7% 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 High level of non-cash earnings (77% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (45% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥2.92, the stock trades at a trailing P/E ratio of 65.9x. Average trailing P/E is 37x in the Electrical industry in China. Total returns to shareholders of 8.1% over the past three years. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0 (vs CN¥0.03 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0 (improved from CN¥0.03 loss in 1Q 2022). Revenue: CN¥30.5m (down 9.3% from 1Q 2022). Net income: CN¥432.7k (up CN¥22.1m from 1Q 2022). Profit margin: 1.4% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Junwei Dai was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.04 loss per share (vs CN¥0.029 loss in 3Q 2021) Third quarter 2022 results: CN¥0.04 loss per share (further deteriorated from CN¥0.029 loss in 3Q 2021). Revenue: CN¥26.3m (down 10% from 3Q 2021). Net loss: CN¥29.1m (loss widened 14% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: CN¥0.03 loss per share (vs CN¥0.032 loss in 2Q 2021) Second quarter 2022 results: CN¥0.03 loss per share. Revenue: CN¥34.9m (down 17% from 2Q 2021). Net loss: CN¥23.1m (loss widened 19% from 2Q 2021). Reported Earnings • Apr 29
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CN¥0.23 loss per share (down from CN¥0.06 profit in FY 2020). Revenue: CN¥155.5m (down 54% from FY 2020). Net loss: CN¥173.2m (down 496% from profit in FY 2020). Revenue missed analyst estimates by 12%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. 공시 • Apr 27
Cnlight Co.,Ltd Approves Appointment of Directors Cnlight Co.,Ltd approved the appointments of Wang Jing as an independent director, Dai Junwei as a non-independent director and Han Shuang as a non-independent director at the 1st Extraordinary General Meeting of 2022 held on 25 April 2022. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.029 loss per share (vs CN¥0.008 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥29.3m (down 75% from 3Q 2020). Net loss: CN¥25.5m (loss widened 274% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 03
Second quarter 2021 earnings released: CN¥0.032 loss per share (vs CN¥0.002 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CN¥42.0m (down 31% from 2Q 2020). Net loss: CN¥19.4m (loss widened CN¥17.6m from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥2.46, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 34x in the Electrical industry in China. Total loss to shareholders of 49% over the past three years. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.06 (vs CN¥0.53 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥334.3m (down 13% from FY 2019). Net income: CN¥43.8m (up CN¥457.8m from FY 2019). Profit margin: 13% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 05
New 90-day high: CN¥2.07 The company is up 13% from its price of CN¥1.84 on 04 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 10.0% over the same period. 공시 • Jan 22
Cnlight Co.,Ltd to Report Fiscal Year 2020 Results on Mar 16, 2021 Cnlight Co.,Ltd announced that they will report fiscal year 2020 results on Mar 16, 2021 공시 • Dec 17
Cnlight Co.,Ltd Elects Zhang Taohua as Non-Independent Director Cnlight Co.,Ltd, at its Extraordinary General Meeting of 2020 held on 14 December 2020 approved the election of Zhang Taohua as a non-independent director. Is New 90 Day High Low • Dec 15
New 90-day low: CN¥1.65 The company is down 13% from its price of CN¥1.89 on 16 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 14% over the same period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: CN¥0.01 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: CN¥119.3m (up 109% from 3Q 2019). Net loss: CN¥6.83m (loss narrowed 94% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. 공시 • Jul 23
Cnlight Co.,Ltd to Report First Half, 2020 Results on Aug 18, 2020 Cnlight Co.,Ltd announced that they will report first half, 2020 results on Aug 18, 2020 공시 • Jul 21
Lianhe Chuangfu cancelled the acquisition of 13.9% stake in Cnlight Co.,Ltd (SZSE:002076) from Chai Guosheng. Lianhe Chuangfu signed a share transfer agreement to acquire 13.9% stake in Cnlight Co.,Ltd (SZSE:002076) from Chai Guosheng for approximately CNY 300 million in August 2018. Under the terms of the agreement, Lianhe Chuangfu will acquire 106 million shares at CNY 2.8 per share.
Lianhe Chuangfu cancelled the acquisition of 13.9% stake in Cnlight Co.,Ltd (SZSE:002076) from Chai Guosheng on January 24, 2019.