Board Change • May 20
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. Director Xin Yi Fei is the most experienced director on the board, commencing their role in 2000. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Apr 28
Miracle Automation Engineering Co.Ltd, Annual General Meeting, May 27, 2026 Miracle Automation Engineering Co.Ltd, Annual General Meeting, May 27, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China 공시 • Mar 31
Miracle Automation Engineering Co.Ltd to Report Q1, 2026 Results on Apr 28, 2026 Miracle Automation Engineering Co.Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 공시 • Dec 31
Miracle Automation Engineering Co.Ltd to Report Fiscal Year 2025 Results on Apr 28, 2026 Miracle Automation Engineering Co.Ltd announced that they will report fiscal year 2025 results on Apr 28, 2026 공시 • Dec 30
Miracle Automation Engineering Co.Ltd announced that it expects to receive CNY 976.8412 million in funding Miracle Automation Engineering Co.Ltd announces a private placement to issue not more than 120,000,000 shares at a price not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of CNY 976,841,200 on December 30, 2025. It includes participation from not more than 35 investors. The shares cannot be transferred within 6 months from the issuance closing date. This has been approved in the 11th Extraordinary Meeting of the Company’s 9th Directorate, and is subject to the approvals of the Company’s Shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. 공시 • Sep 30
Miracle Automation Engineering Co.Ltd to Report Q3, 2025 Results on Oct 25, 2025 Miracle Automation Engineering Co.Ltd announced that they will report Q3, 2025 results on Oct 25, 2025 공시 • Jul 02
Miracle Automation Engineering Co.Ltd to Report First Half, 2025 Results on Aug 19, 2025 Miracle Automation Engineering Co.Ltd announced that they will report first half, 2025 results on Aug 19, 2025 공시 • Apr 25
Miracle Automation Engineering Co.Ltd, Annual General Meeting, May 15, 2025 Miracle Automation Engineering Co.Ltd, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China 공시 • Mar 31
Miracle Automation Engineering Co.Ltd to Report Q1, 2025 Results on Apr 29, 2025 Miracle Automation Engineering Co.Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 공시 • Dec 31
Miracle Automation Engineering Co.Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025 Miracle Automation Engineering Co.Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.045 (vs CN¥0.006 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.045 (up from CN¥0.006 in 3Q 2023). Revenue: CN¥775.5m (down 23% from 3Q 2023). Net income: CN¥20.5m (up CN¥18.3m from 3Q 2023). Profit margin: 2.6% (up from 0.2% in 3Q 2023). Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. New Risk • Sep 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% 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 Debt is not well covered by operating cash flow (2.3% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (5.7% increase in shares outstanding). 공시 • Sep 30
Miracle Automation Engineering Co.Ltd to Report Q3, 2024 Results on Oct 25, 2024 Miracle Automation Engineering Co.Ltd announced that they will report Q3, 2024 results on Oct 25, 2024 공시 • Sep 10
Miracle Automation Engineering Co. Ltd Approves 2024 Interim Profit Distribution Plan Miracle Automation Engineering Co.Ltd at its 2nd Extraordinary General Meeting of 2024 on 06 September 2024, approved: 2024 interim profit distribution plan: Cash dividend/10 shares (tax included): CNY 0.20000000. Reported Earnings • Aug 20
Second quarter 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.13 loss in 2Q 2023) Second quarter 2024 results: CN¥0.15 loss per share (further deteriorated from CN¥0.13 loss in 2Q 2023). Revenue: CN¥661.6m (down 34% from 2Q 2023). Net loss: CN¥80.9m (loss widened 71% from 2Q 2023). Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. 공시 • Jun 29
Miracle Automation Engineering Co.Ltd to Report First Half, 2024 Results on Aug 20, 2024 Miracle Automation Engineering Co.Ltd announced that they will report first half, 2024 results on Aug 20, 2024 Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Non-Independent Director Xian Feng Shen was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공시 • Apr 28
Miracle Automation Engineering Co.Ltd, Annual General Meeting, May 22, 2024 Miracle Automation Engineering Co.Ltd, Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China Agenda: To consider 2023 annual accounts report; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; to consider 2023 profit distribution plan; to consider Payment of 2023 remuneration for directors and senior management and 2024 remuneration plan; to consider Payment of 2023 remuneration for supervisors and 2024 remuneration plan; to consider 2024 application for comprehensive credit line by the Company and subsidiaries; to consider Reappointment of 2024 audit firm; to consider 2024 estimated external guarantee quota; to consider 2024 estimated continuing operational connected transactions; and to consider other matters. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.81 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.01 (up from CN¥0.81 loss in 1Q 2023). Revenue: CN¥649.5m (down 13% from 1Q 2023). Net income: CN¥2.35m (up CN¥301.2m from 1Q 2023). Profit margin: 0.4% (up from net loss 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 Machinery industry in China. 공시 • Mar 30
Miracle Automation Engineering Co.Ltd to Report Q1, 2024 Results on Apr 26, 2024 Miracle Automation Engineering Co.Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Mar 07
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 11% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (7.1% increase in shares outstanding). 공시 • Dec 30
Miracle Automation Engineering Co.Ltd to Report Fiscal Year 2023 Results on Apr 26, 2024 Miracle Automation Engineering Co.Ltd announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Nov 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.1% 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: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). 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 (7.1% increase in shares outstanding). New Risk • Nov 03
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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.006 (vs CN¥0.048 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.006 (down from CN¥0.048 in 3Q 2022). Revenue: CN¥1.01b (down 11% from 3Q 2022). Net income: CN¥2.16m (down 88% from 3Q 2022). Profit margin: 0.2% (down from 1.6% in 3Q 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in China. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.13 loss per share (vs CN¥0.20 profit in 2Q 2022) Second quarter 2023 results: CN¥0.13 loss per share (down from CN¥0.20 profit in 2Q 2022). Revenue: CN¥994.6m (down 12% from 2Q 2022). Net loss: CN¥47.4m (down 166% from profit in 2Q 2022). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in China. 공시 • Jul 12
Miracle Automation Engineering Co.Ltd Announces Cash Dividend Implementation on A Shares for 2022, Payable on July 14, 2023 Miracle Automation Engineering Co.Ltd announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included) of CNY 0.10000000 on share A for 2022. Record date: 13 July 2023, Ex-date: 14 July 2023 and Payment date: 14 July 2023. 공시 • Jun 27
Miracle Automation Engineering Co.Ltd announced that it expects to receive CNY 300 million in funding Miracle Automation Engineering Co.Ltd announced a private placement to issue common shares for the gross proceeds of CNY 300,000,000 on June 26, 2023. 공시 • May 18
Miracle Automation Engineering Co.Ltd Approves Dividend for the Year 2022 Miracle Automation Engineering Co.Ltd. announced at Annual General Meeting of 2022 held on 16 May 2023, the shareholders approved cash dividend of CNY 0.10000000 per ten shares (tax included) for the year 2022. Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: CN¥0.53 (vs CN¥0.41 in FY 2021) Full year 2022 results: EPS: CN¥0.53 (up from CN¥0.41 in FY 2021). Revenue: CN¥4.35b (up 15% from FY 2021). Net income: CN¥198.5m (up 32% from FY 2021). Profit margin: 4.6% (up from 4.0% in FY 2021). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Machinery industry in China. Board Change • Mar 14
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director & Head of Finance Bao Wei Shen was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.