공지 • Apr 20
Shenzhen Everwin Precision Technology Co., Ltd., Annual General Meeting, May 11, 2026 Shenzhen Everwin Precision Technology Co., Ltd., Annual General Meeting, May 11, 2026, at 15:00 China Standard Time. Location: 15F, Plant Area A, No. 88, Luochang Road, Luotian Community, Yanluo Subdistrict, Baoan District, Shenzhen, Guangdong China 공지 • Mar 31
Shenzhen Everwin Precision Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Shenzhen Everwin Precision Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 New Risk • Mar 19
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.2% net profit margin). Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: CN¥0.44 (vs CN¥0.60 in FY 2024) Full year 2025 results: EPS: CN¥0.44 (down from CN¥0.60 in FY 2024). Revenue: CN¥18.8b (up 11% from FY 2024). Net income: CN¥599.6m (down 22% from FY 2024). Profit margin: 3.2% (down from 4.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 47% per year and the company’s share price has also increased by 47% per year. 공지 • Dec 31
Shenzhen Everwin Precision Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Shenzhen Everwin Precision Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥36.79, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 247% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.30 per share. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥37.90, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 229% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.11 per share. Reported Earnings • Oct 30
Third quarter 2025 earnings: EPS misses analyst expectations Third quarter 2025 results: EPS: CN¥0.11. Revenue: CN¥4.87b (up 11% from 3Q 2024). Net income: CN¥161.9m (flat on 3Q 2024). Profit margin: 3.3% (down from 3.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 58%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥33.33, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 33x in the Electronic industry in China. Total returns to shareholders of 188% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.49 per share. 공지 • Sep 30
Shenzhen Everwin Precision Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shenzhen Everwin Precision Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 17
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 7.3% 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 High level of debt (40% net debt to equity). Share price has been volatile over the past 3 months (7.3% average weekly change). Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥31.64, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 161% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.54 per share. Price Target Changed • Aug 30
Price target increased by 8.9% to CN¥21.48 Up from CN¥19.73, the current price target is an average from 4 analysts. New target price is 18% below last closing price of CN¥26.27. Stock is up 125% over the past year. The company is forecast to post earnings per share of CN¥0.60 for next year compared to CN¥0.60 last year. Reported Earnings • Aug 27
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.096 in 2Q 2024). Revenue: CN¥4.24b (up 13% from 2Q 2024). Net income: CN¥131.2m (up 5.7% from 2Q 2024). Profit margin: 3.1% (down from 3.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. 공지 • Aug 27
Shenzhen Everwin Precision Technology Co., Ltd. (SZSE:300115) announces an Equity Buyback for CNY 100 million worth of its shares. Shenzhen Everwin Precision Technology Co., Ltd. (SZSE:300115) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 35 per share. The program will be funded out of the company's own funds or self-raised funds. The program will be valid for 12 months. Buy Or Sell Opportunity • Aug 20
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to CN¥26.17. The fair value is estimated to be CN¥21.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 27% per annum over the same time period. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥24.14, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.46 per share. 공지 • Jul 02
Shenzhen Everwin Precision Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Shenzhen Everwin Precision Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 공지 • May 13
Shenzhen Everwin Precision Technology Co., Ltd. Approves Cash Dividend for 2024 Shenzhen Everwin Precision Technology Co., Ltd. held its Annual General Meeting of 2024 on 09 May 2025, during which the following proposal(s) was/were approved: Cash dividend/10 shares (tax included): CNY 1.30000000. New Risk • Apr 30
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks High level of debt (46% net debt to equity). Dividend is not well covered by cash flows (135% cash payout ratio). Price Target Changed • Apr 29
Price target increased by 16% to CN¥19.30 Up from CN¥16.60, the current price target is an average from 3 analysts. New target price is 7.0% below last closing price of CN¥20.76. Stock is up 96% over the past year. The company is forecast to post earnings per share of CN¥0.62 for next year compared to CN¥0.60 last year. Buy Or Sell Opportunity • Apr 22
Now 22% undervalued Over the last 90 days, the stock has risen 7.7% to CN¥20.58. The fair value is estimated to be CN¥26.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 28% per annum over the same time period. Reported Earnings • Apr 19
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: CN¥0.60 (up from CN¥0.07 in FY 2023). Revenue: CN¥16.9b (up 23% from FY 2023). Net income: CN¥771.5m (up CN¥685.8m from FY 2023). Profit margin: 4.6% (up from 0.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. 공지 • Apr 19
Shenzhen Everwin Precision Technology Co., Ltd. Proposes Final Cash Dividend for 2024 Shenzhen Everwin Precision Technology Co., Ltd. announced on 18 April 2025 the profit distribution proposal for 2024 as follows: Final cash dividend per 10 shares (tax included) of CNY 1.30000000. 공지 • Apr 18
Shenzhen Everwin Precision Technology Co., Ltd., Annual General Meeting, May 09, 2025 Shenzhen Everwin Precision Technology Co., Ltd., Annual General Meeting, May 09, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China New Risk • Apr 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk High level of debt (53% net debt to equity). Buy Or Sell Opportunity • Apr 07
Now 21% undervalued Over the last 90 days, the stock has risen 12% to CN¥18.65. The fair value is estimated to be CN¥23.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 25% per annum over the same time period. 공지 • Mar 31
Shenzhen Everwin Precision Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen Everwin Precision Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Buy Or Sell Opportunity • Mar 17
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 71% to CN¥28.90. The fair value is estimated to be CN¥23.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 25% per annum over the same time period. Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: CN¥0.60 (vs CN¥0.07 in FY 2023) Full year 2024 results: EPS: CN¥0.60 (up from CN¥0.07 in FY 2023). Revenue: CN¥16.9b (up 23% from FY 2023). Net income: CN¥768.7m (up CN¥683.0m from FY 2023). Profit margin: 4.5% (up from 0.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 21
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 70% to CN¥27.81. The fair value is estimated to be CN¥22.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 88%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 26% per annum over the same time period. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥26.50, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 121% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥22.79 per share. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥21.92, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.38 per share. Buy Or Sell Opportunity • Jan 15
Now 22% undervalued Over the last 90 days, the stock has risen 27% to CN¥18.12. The fair value is estimated to be CN¥23.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 88%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 26% per annum over the same time period. 공지 • Dec 31
Shenzhen Everwin Precision Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Shenzhen Everwin Precision Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥16.42, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 2.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.44 per share. Major Estimate Revision • Nov 01
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥0.58 to CN¥0.513 per share. Revenue forecast steady at CN¥16.6b. Net income forecast to grow 18% next year vs 58% growth forecast for Electronic industry in China. Consensus price target up from CN¥13.75 to CN¥14.77. Share price rose 20% to CN¥18.76 over the past week. Price Target Changed • Oct 29
Price target increased by 7.4% to CN¥14.77 Up from CN¥13.75, the current price target is an average from 3 analysts. New target price is 7.0% below last closing price of CN¥15.87. Stock is up 44% over the past year. The company is forecast to post earnings per share of CN¥0.49 for next year compared to CN¥0.07 last year. Reported Earnings • Oct 26
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.11 in 3Q 2023). Revenue: CN¥4.41b (up 14% from 3Q 2023). Net income: CN¥160.9m (up 21% from 3Q 2023). Profit margin: 3.7% (up from 3.4% in 3Q 2023). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 27%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to CN¥13.75, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 4.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥17.10 per share. 공지 • Sep 30
Shenzhen Everwin Precision Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Shenzhen Everwin Precision Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: CN¥0.096 (up from CN¥0.041 loss in 2Q 2023). Revenue: CN¥3.75b (up 29% from 2Q 2023). Net income: CN¥124.1m (up CN¥174.5m from 2Q 2023). Profit margin: 3.3% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (78% net debt to equity). Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Buy Or Sell Opportunity • Aug 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.2% to CN¥10.30. The fair value is estimated to be CN¥13.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 26% per annum over the same time period. Buy Or Sell Opportunity • Jul 01
Now 4.2% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to CN¥11.76. The fair value is estimated to be CN¥11.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 26% per annum over the same time period. 공지 • Jun 29
Shenzhen Everwin Precision Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Shenzhen Everwin Precision Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Buy Or Sell Opportunity • Jun 28
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to CN¥11.99. The fair value is estimated to be CN¥9.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 27% per annum over the same time period. New Risk • Jun 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (78% net debt to equity). Shareholders have been diluted in the past year (13% increase in shares outstanding). Price Target Changed • Apr 27
Price target decreased by 12% to CN¥12.67 Down from CN¥14.33, the current price target is an average from 3 analysts. New target price is 22% above last closing price of CN¥10.42. Stock is down 8.8% over the past year. The company is forecast to post earnings per share of CN¥0.63 for next year compared to CN¥0.07 last year. Reported Earnings • Apr 23
First quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.07 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.07 loss in 1Q 2023). Revenue: CN¥3.94b (up 31% from 1Q 2023). Net income: CN¥309.2m (up CN¥390.6m from 1Q 2023). Profit margin: 7.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. 공지 • Mar 30
Shenzhen Everwin Precision Technology Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Shenzhen Everwin Precision Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 공지 • Mar 19
Shenzhen Everwin Precision Technology Co., Ltd., Annual General Meeting, Apr 09, 2024 Shenzhen Everwin Precision Technology Co., Ltd., Annual General Meeting, Apr 09, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Reported Earnings • Mar 19
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.07 (up from CN¥0.04 in FY 2022). Revenue: CN¥13.7b (down 9.7% from FY 2022). Net income: CN¥85.7m (up 101% from FY 2022). Profit margin: 0.6% (up from 0.3% in FY 2022). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 22% 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 30% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥8.38, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 57% over the past three years. 공지 • Dec 30
Shenzhen Everwin Precision Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 19, 2024 Shenzhen Everwin Precision Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 19, 2024 New Risk • Nov 10
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 6.3% 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 Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Price Target Changed • Oct 31
Price target decreased by 9.3% to CN¥13.00 Down from CN¥14.33, the current price target is an average from 3 analysts. New target price is 12% above last closing price of CN¥11.61. Stock is down 4.9% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.04 last year. Reported Earnings • Oct 29
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥3.88b (down 1.4% from 3Q 2022). Net income: CN¥133.4m (down 14% from 3Q 2022). Profit margin: 3.4% (down from 4.0% in 3Q 2022). Revenue missed analyst estimates by 9.6%. Earnings per share (EPS) also missed analyst estimates by 10%. 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 41% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Board Change • Sep 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jinshan Sun was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Sep 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 124% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.7x net interest cover). Minor Risk Large one-off items impacting financial results. Major Estimate Revision • Sep 06
Consensus EPS estimates fall by 48% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥16.4b to CN¥15.0b. EPS estimate also fell from CN¥0.336 per share to CN¥0.174 per share. Net income forecast to grow 203% next year vs 62% growth forecast for Electronic industry in China. Consensus price target down from CN¥14.33 to CN¥13.67. Share price rose 5.4% to CN¥10.41 over the past week. Reported Earnings • Aug 31
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: CN¥0.041 loss per share (improved from CN¥0.06 loss in 2Q 2022). Revenue: CN¥2.90b (down 16% from 2Q 2022). Net loss: CN¥50.4m (loss narrowed 30% from 2Q 2022). Revenue missed analyst estimates by 20%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. 공지 • May 17
Shenzhen Everwin Precision Technology Co., Ltd. Elects Sun Jinshan as Independent Directors Shenzhen Everwin Precision Technology Co., Ltd. held its 2nd Extraordinary General Meeting of 2023 on 15 May 2023 elected Sun Jinshan as independent directors. Major Estimate Revision • May 05
Consensus EPS estimates fall by 30% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥17.2b to CN¥16.3b. EPS estimate also fell from CN¥0.489 per share to CN¥0.342 per share. Net income forecast to grow 255% next year vs 52% growth forecast for Electronic industry in China. Consensus price target down from CN¥14.50 to CN¥14.00. Share price was steady at CN¥11.43 over the past week. Reported Earnings • Apr 29
First quarter 2023 earnings: EPS and revenues miss analyst expectations First quarter 2023 results: CN¥0.07 loss per share (improved from CN¥0.16 loss in 1Q 2022). Revenue: CN¥3.01b (down 17% from 1Q 2022). Net loss: CN¥81.4m (loss narrowed 58% from 1Q 2022). Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 24% 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, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Apr 04
Consensus EPS estimates increase by 30% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from CN¥16.9b to CN¥17.2b. EPS estimate increased from CN¥0.376 to CN¥0.489 per share. Net income forecast to grow 1,278% next year vs 45% growth forecast for Electronic industry in China. Consensus price target up from CN¥14.00 to CN¥14.50. Share price was steady at CN¥14.00 over the past week. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.50 loss in FY 2021) Full year 2022 results: EPS: CN¥0.04 (up from CN¥0.50 loss in FY 2021). Revenue: CN¥15.3b (up 38% from FY 2021). Net income: CN¥42.7m (up CN¥647.3m from FY 2021). Profit margin: 0.3% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rong Liang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 27
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.063 loss in 3Q 2021). Revenue: CN¥3.93b (up 38% from 3Q 2021). Net income: CN¥155.7m (up CN¥235.0m from 3Q 2021). Profit margin: 4.0% (up from net loss in 3Q 2021). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 44%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2022 results: CN¥0.06 loss per share (down from CN¥0.083 profit in 2Q 2021). Revenue: CN¥3.47b (up 53% from 2Q 2021). Net loss: CN¥72.2m (down 174% from profit in 2Q 2021). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates by 704%. Over the next year, revenue is forecast to grow 34%, compared to a 27% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Board Change • Aug 28
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rong Liang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • May 04
Price target decreased to CN¥9.05 Down from CN¥17.15, the current price target is an average from 3 analysts. New target price is 17% above last closing price of CN¥7.72. Stock is down 53% over the past year. The company is forecast to post earnings per share of CN¥0.35 next year compared to a net loss per share of CN¥0.50 last year. Price Target Changed • Apr 28
Price target decreased to CN¥16.45 Down from CN¥18.00, the current price target is an average from 3 analysts. New target price is 124% above last closing price of CN¥7.33. Stock is down 55% over the past year. The company is forecast to post earnings per share of CN¥1.12 next year compared to a net loss per share of CN¥0.50 last year. Reported Earnings • Apr 28
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: CN¥0.16 loss per share (down from CN¥0.12 profit in 1Q 2021). Revenue: CN¥3.61b (up 60% from 1Q 2021). Net loss: CN¥195.3m (down 241% from profit in 1Q 2021). Revenue exceeded analyst estimates by 62%. Earnings per share (EPS) missed analyst estimates by 936%. Over the next year, revenue is forecast to grow 15%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Rong Liang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.