View ValuationLong Young Electronic (Kunshan) 향후 성장Future 기준 점검 5/6Long Young Electronic (Kunshan)은 연간 수입과 매출이 각각 54.2%와 42.2% 증가할 것으로 예상되고 EPS는 연간 54.5%만큼 증가할 것으로 예상됩니다.핵심 정보54.2%이익 성장률54.48%EPS 성장률Electronic 이익 성장32.8%매출 성장률42.2%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트07 Apr 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesNew Risk • May 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.9% 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 (9.9% average weekly change). Minor Risks Dividend is not well covered by earnings (134% payout ratio). Profit margins are more than 30% lower than last year (17% net profit margin).New Risk • Apr 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 17% Last year net profit margin: 31% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (134% payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (17% net profit margin).Reported Earnings • Apr 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: CN¥0.37 (up from CN¥0.29 in FY 2024). Revenue: CN¥504.2m (up 75% from FY 2024). Net income: CN¥103.8m (up 26% from FY 2024). Profit margin: 21% (down from 29% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 44% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.공시 • Apr 27Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, May 20, 2026Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Kunshan, Jiangsu ChinaNew Risk • Apr 08New 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 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change).공시 • Mar 31Long Young Electronic (Kunshan) Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 19% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years.공시 • Dec 31Long Young Electronic (Kunshan) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Long Young Electronic (Kunshan) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.079 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.079 in 3Q 2024). Revenue: CN¥136.9m (up 73% from 3Q 2024). Net income: CN¥27.2m (up 20% from 3Q 2024). Profit margin: 20% (down from 29% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.공시 • Sep 30Long Young Electronic (Kunshan) Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025공시 • Jul 02Long Young Electronic (Kunshan) Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Long Young Electronic (Kunshan) Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥24.90, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 60% over the past year.공시 • May 29+ 1 more updateLong Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) agreed to acquire 51% stake in Changzhou VSI Technology Co., Ltd. from Ningbo Xinguang Shuanglian Management Consulting Partnership (LP) for approximately CNY 120 million.Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) agreed to acquire 51% stake in Changzhou VSI Technology Co., Ltd. from Ningbo Xinguang Shuanglian Management Consulting Partnership (LP) for approximately CNY 120 million on May 28, 2025. A cash consideration of CNY 119.95 million will be paid by Long Young Electronic (Kunshan) Co., Ltd. As part of consideration, CNY 119.95 million is paid towards common equity of Changzhou VSI Technology Co., Ltd. The expected completion of the transaction is mid August 2025.Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.06 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.06 in 1Q 2024). Revenue: CN¥73.4m (up 24% from 1Q 2024). Net income: CN¥30.7m (up 72% from 1Q 2024). Profit margin: 42% (up from 30% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China.공시 • Apr 16Longyoung Electronics(Kunshan) Co., Ltd. Announces Cash Dividend DistributionLong Young Electronic (Kunshan) Co., Ltd. at its board of directors or shareholders meeting held on April 15, 2025, announced Cash dividend of RMB 70,511,751.75. Ex-rights (ex-dividend) trading date: April 22, 2025; Ex-rights (ex-dividend) record date: April 22, 2025.공시 • Apr 10Long Young Electronic (Kunshan) Co., Ltd. Approves Final Cash Dividend for 2024Long Young Electronic (Kunshan) Co., Ltd. at its Annual General Meeting held on 08 April 2025 approved final cash dividend of CNY 2.50000000 per 10 shares (tax included) for 2024.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to CN¥15.39, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 9.3% over the past year.공시 • Mar 31Long Young Electronic (Kunshan) Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025Valuation Update With 7 Day Price Move • Mar 25Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥22.55, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 63% over the past year.분석 기사 • Mar 20Long Young Electronic (Kunshan)'s (SZSE:301389) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe market rallied behind Long Young Electronic (Kunshan) Co., Ltd.'s ( SZSE:301389 ) stock, leading do a rise in the...공시 • Mar 14Long Young Electronic (Kunshan) Co., Ltd. Proposes Final Cash Dividend for 2024Long Young Electronic (Kunshan) Co., Ltd. announced on 13 March 2025 the profit distribution proposal for 2024 as follows: final cash dividend per 10 shares (tax included) of CNY 2.5.공시 • Mar 13Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 08, 2025Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 08, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Kunshan, Jiangsu ChinaNew Risk • Feb 21New 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 9.2% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 120% Dividend per share is over 9x cash flows per share. High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (25% net profit margin).분석 기사 • Feb 19Why Investors Shouldn't Be Surprised By Long Young Electronic (Kunshan) Co., Ltd.'s (SZSE:301389) 25% Share Price SurgeLong Young Electronic (Kunshan) Co., Ltd. ( SZSE:301389 ) shares have continued their recent momentum with a 25% gain...New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Dec 31Long Young Electronic (Kunshan) Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025Long Young Electronic (Kunshan) Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.079 (vs CN¥0.09 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.079 (down from CN¥0.09 in 3Q 2023). Revenue: CN¥79.0m (up 12% from 3Q 2023). Net income: CN¥22.6m (down 16% from 3Q 2023). Profit margin: 29% (down from 38% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 67% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥14.58, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 15% over the past year.공시 • Sep 30Long Young Electronic (Kunshan) Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 29%After last week's 29% share price gain to CN¥15.39, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 10% over the past year.Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.049 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.049 (down from CN¥0.12 in 2Q 2023). Revenue: CN¥70.6m (down 11% from 2Q 2023). Net income: CN¥12.2m (down 64% from 2Q 2023). Profit margin: 17% (down from 42% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.공시 • Jun 29Long Young Electronic (Kunshan) Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Long Young Electronic (Kunshan) Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥15.17, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 12% over the past year.분석 기사 • May 27Long Young Electronic (Kunshan)'s (SZSE:301389) Dividend Will Be Reduced To CN¥0.30Long Young Electronic (Kunshan) Co., Ltd. ( SZSE:301389 ) is reducing its dividend from last year's comparable payment...Declared Dividend • May 27Dividend reduced to CN¥0.30Dividend of CN¥0.30 is 57% lower than last year. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 1.4% to bring the payout ratio under control. EPS is expected to grow by 212% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.공시 • May 25+ 1 more updateLong Young Electronic (Kunshan) Co., Ltd. Announces Final Cash Dividend Plan on A Shares for the Year 2023, Payable on 31 May, 2024Long Young Electronic (Kunshan) Co., Ltd. announced final cash dividend /10 shares (tax included) of CNY 3.00000000 on A shares for the year 2023. Record date is 30 May 2024. Ex-date is 31 May 2024 and Payment date is 31 May 2024.Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 33%After last week's 33% share price gain to CN¥18.82, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 5.3% over the past year.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.07 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.06 (down from CN¥0.07 in 1Q 2023). Revenue: CN¥59.1m (up 24% from 1Q 2023). Net income: CN¥17.8m (down 7.5% from 1Q 2023). Profit margin: 30% (down from 40% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥11.92, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 37% over the past year.공시 • Mar 30Long Young Electronic (Kunshan) Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024분석 기사 • Mar 21Long Young Electronic (Kunshan)'s (SZSE:301389) Problems Go Beyond Poor ProfitAfter announcing weak earnings, Long Young Electronic (Kunshan) Co., Ltd.'s ( SZSE:301389 ) stock was strong. Despite...분석 기사 • Mar 20Need To Know: This Analyst Just Made A Substantial Cut To Their Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) EstimatesOne thing we could say about the covering analyst on Long Young Electronic (Kunshan) Co., Ltd. ( SZSE:301389 ) - they...분석 기사 • Mar 17After Leaping 28% Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) Shares Are Not Flying Under The RadarThose holding Long Young Electronic (Kunshan) Co., Ltd. ( SZSE:301389 ) shares would be relieved that the share price...공시 • Mar 16Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 09, 2024Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 09, 2024, at 14:30 China Standard Time. Location: Conference room on the 1st floor of the company, No. 99, Shunchang Road, Kunshan City, Suzhou City Jiangsu Province China Agenda: To consider the 2023 annual report and its summary; to consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual accounts report; to consider the 2023 profit distribution plan; to consider the Appointment of 2024 audit firm; to consider the 2024 remuneration plan for directors; to consider the 2024 remuneration plan for supervisors; to consider the Cash management with some proprietary funds and idle raised funds; and to consider the Purchase of liability insurance for directors, supervisors and senior management.Reported Earnings • Mar 15Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.34 (down from CN¥0.75 in FY 2022). Revenue: CN¥265.4m (down 30% from FY 2022). Net income: CN¥96.8m (down 43% from FY 2022). Profit margin: 37% (down from 45% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 55% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.02, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 20% over the past year.공시 • Feb 20Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) announces an Equity Buyback for CNY 26 million worth of its shares.Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) announces a share repurchase program. Under the program, the company will repurchase up to CNY 26 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 21.47 per share. The repurchased shares will be used to maintain the company’s value and safeguard the rights and interests of shareholders and Employees’ shareholding plan, equity incentive plan, or underlying shares of convertible bonds to be issued in the future . The program will be valid for 12 months.New Risk • Feb 05New 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 7.0% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 170% Dividend per share is over 15x cash flows per share. High level of non-cash earnings (44% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change).Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥12.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 35% over the past year.공시 • Dec 30Long Young Electronic (Kunshan) Co., Ltd. to Report Fiscal Year 2023 Results on Mar 15, 2024Long Young Electronic (Kunshan) Co., Ltd. announced that they will report fiscal year 2023 results on Mar 15, 2024공시 • Dec 01Long Young Electronic (Kunshan) Co., Ltd. Approves Management AppointmentsLong Young Electronic (Kunshan) Co., Ltd. announced at the EGM held on November 29, 2023, approved election of Fu Qingxuan, Zhang Dongqin, Chen Xianfeng as non-independent directors; Liu Tiehua and Sun Qihua as independent directors and Lv Yongli as non-employee supervisor.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥21.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 3.8% over the past year.New Risk • Aug 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Cash payout ratio: 260% High level of non-cash earnings (25% accrual ratio).Reported Earnings • Aug 18Second quarter 2023 earnings releasedSecond quarter 2023 results: EPS: CN¥0.12. Net income: CN¥33.6m (up CN¥33.6m from 2Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China.공시 • Jul 01Long Young Electronic (Kunshan) Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023Long Young Electronic (Kunshan) Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023공시 • May 26Long Young Electronic (Kunshan) Co., Ltd. Announces Implementation of Final Cash Dividend for 2022, Payable on 31 May 2023Long Young Electronic (Kunshan) Co., Ltd. announced implementation of final cash dividend (tax included) of CNY 7.00000000 per 10 A shares for 2022. Record date is 30 May 2023 with Ex-date on 31 May 2023 and Payment date on 31 May 2023. Net cash dividend per 10 shares after tax: CNY 6.30000000 (CNY 7.00000000 - CNY 0.70000000).공시 • May 24Long Young Electronic (Kunshan) Co., Ltd. Declares Cash DividendLong Young Electronic (Kunshan) Co., Ltd. declared a cash dividend of RMB 198,450,000.00. Ex-rights (ex-dividend) trading date is May 31, 2023. Last date before book closure is May 30, 2023. Ex-rights (ex-dividend) record date is May 31, 2023.Reported Earnings • Mar 24Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CN¥0.75 (down from CN¥0.93 in FY 2021). Revenue: CN¥376.4m (down 12% from FY 2021). Net income: CN¥168.9m (down 15% from FY 2021). Profit margin: 45% (down from 46% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China.이익 및 매출 성장 예측SZSE:301389 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20271,338281N/A284112/31/20261,028188N/A10613/31/2026598100100213N/A12/31/202550410455162N/A9/30/2025370111-4148N/A6/30/2025313107-5677N/A3/31/2025302952065N/A12/31/202428882658N/A9/30/202427670970N/A6/30/202426874-2762N/A3/31/202427795-5267N/A12/31/202326597-1979N/A9/30/20232741151388N/A6/30/202330013076129N/A3/31/2023324145156173N/A1/1/2023376169156185N/A1/1/2022428198189206N/A12/31/2020425167124150N/A12/31/2019268106N/A101N/A12/31/201821483N/A49N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 301389 의 연간 예상 수익 증가율(54.2%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 301389 의 연간 수익(54.2%)이 CN 시장(26.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 301389 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 301389 의 수익(연간 42.2%)이 CN 시장(연간 16.3%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 301389 의 수익(연간 42.2%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 301389의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YTech 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/11 19:19종가2026/06/11 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Long Young Electronic (Kunshan) Co., Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yi LiuCitic Securities Co., Ltd.
New Risk • May 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.9% 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 (9.9% average weekly change). Minor Risks Dividend is not well covered by earnings (134% payout ratio). Profit margins are more than 30% lower than last year (17% net profit margin).
New Risk • Apr 28New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 17% Last year net profit margin: 31% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (134% payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (17% net profit margin).
Reported Earnings • Apr 27Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: CN¥0.37 (up from CN¥0.29 in FY 2024). Revenue: CN¥504.2m (up 75% from FY 2024). Net income: CN¥103.8m (up 26% from FY 2024). Profit margin: 21% (down from 29% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 44% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.
공시 • Apr 27Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, May 20, 2026Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Kunshan, Jiangsu China
New Risk • Apr 08New 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 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change).
공시 • Mar 31Long Young Electronic (Kunshan) Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026
New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 19% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 134% Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years.
공시 • Dec 31Long Young Electronic (Kunshan) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026Long Young Electronic (Kunshan) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.079 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.079 in 3Q 2024). Revenue: CN¥136.9m (up 73% from 3Q 2024). Net income: CN¥27.2m (up 20% from 3Q 2024). Profit margin: 20% (down from 29% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
공시 • Sep 30Long Young Electronic (Kunshan) Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
공시 • Jul 02Long Young Electronic (Kunshan) Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Long Young Electronic (Kunshan) Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥24.90, the stock trades at a forward P/E ratio of 64x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 60% over the past year.
공시 • May 29+ 1 more updateLong Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) agreed to acquire 51% stake in Changzhou VSI Technology Co., Ltd. from Ningbo Xinguang Shuanglian Management Consulting Partnership (LP) for approximately CNY 120 million.Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) agreed to acquire 51% stake in Changzhou VSI Technology Co., Ltd. from Ningbo Xinguang Shuanglian Management Consulting Partnership (LP) for approximately CNY 120 million on May 28, 2025. A cash consideration of CNY 119.95 million will be paid by Long Young Electronic (Kunshan) Co., Ltd. As part of consideration, CNY 119.95 million is paid towards common equity of Changzhou VSI Technology Co., Ltd. The expected completion of the transaction is mid August 2025.
Reported Earnings • Apr 25First quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.06 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.06 in 1Q 2024). Revenue: CN¥73.4m (up 24% from 1Q 2024). Net income: CN¥30.7m (up 72% from 1Q 2024). Profit margin: 42% (up from 30% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China.
공시 • Apr 16Longyoung Electronics(Kunshan) Co., Ltd. Announces Cash Dividend DistributionLong Young Electronic (Kunshan) Co., Ltd. at its board of directors or shareholders meeting held on April 15, 2025, announced Cash dividend of RMB 70,511,751.75. Ex-rights (ex-dividend) trading date: April 22, 2025; Ex-rights (ex-dividend) record date: April 22, 2025.
공시 • Apr 10Long Young Electronic (Kunshan) Co., Ltd. Approves Final Cash Dividend for 2024Long Young Electronic (Kunshan) Co., Ltd. at its Annual General Meeting held on 08 April 2025 approved final cash dividend of CNY 2.50000000 per 10 shares (tax included) for 2024.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to CN¥15.39, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 9.3% over the past year.
공시 • Mar 31Long Young Electronic (Kunshan) Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥22.55, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 63% over the past year.
분석 기사 • Mar 20Long Young Electronic (Kunshan)'s (SZSE:301389) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe market rallied behind Long Young Electronic (Kunshan) Co., Ltd.'s ( SZSE:301389 ) stock, leading do a rise in the...
공시 • Mar 14Long Young Electronic (Kunshan) Co., Ltd. Proposes Final Cash Dividend for 2024Long Young Electronic (Kunshan) Co., Ltd. announced on 13 March 2025 the profit distribution proposal for 2024 as follows: final cash dividend per 10 shares (tax included) of CNY 2.5.
공시 • Mar 13Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 08, 2025Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 08, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Kunshan, Jiangsu China
New Risk • Feb 21New 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 9.2% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 120% Dividend per share is over 9x cash flows per share. High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (25% net profit margin).
분석 기사 • Feb 19Why Investors Shouldn't Be Surprised By Long Young Electronic (Kunshan) Co., Ltd.'s (SZSE:301389) 25% Share Price SurgeLong Young Electronic (Kunshan) Co., Ltd. ( SZSE:301389 ) shares have continued their recent momentum with a 25% gain...
New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Dec 31Long Young Electronic (Kunshan) Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025Long Young Electronic (Kunshan) Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.079 (vs CN¥0.09 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.079 (down from CN¥0.09 in 3Q 2023). Revenue: CN¥79.0m (up 12% from 3Q 2023). Net income: CN¥22.6m (down 16% from 3Q 2023). Profit margin: 29% (down from 38% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 67% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥14.58, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 15% over the past year.
공시 • Sep 30Long Young Electronic (Kunshan) Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 29%After last week's 29% share price gain to CN¥15.39, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 10% over the past year.
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.049 (vs CN¥0.12 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.049 (down from CN¥0.12 in 2Q 2023). Revenue: CN¥70.6m (down 11% from 2Q 2023). Net income: CN¥12.2m (down 64% from 2Q 2023). Profit margin: 17% (down from 42% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China.
공시 • Jun 29Long Young Electronic (Kunshan) Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Long Young Electronic (Kunshan) Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥15.17, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 12% over the past year.
분석 기사 • May 27Long Young Electronic (Kunshan)'s (SZSE:301389) Dividend Will Be Reduced To CN¥0.30Long Young Electronic (Kunshan) Co., Ltd. ( SZSE:301389 ) is reducing its dividend from last year's comparable payment...
Declared Dividend • May 27Dividend reduced to CN¥0.30Dividend of CN¥0.30 is 57% lower than last year. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 1.4% to bring the payout ratio under control. EPS is expected to grow by 212% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
공시 • May 25+ 1 more updateLong Young Electronic (Kunshan) Co., Ltd. Announces Final Cash Dividend Plan on A Shares for the Year 2023, Payable on 31 May, 2024Long Young Electronic (Kunshan) Co., Ltd. announced final cash dividend /10 shares (tax included) of CNY 3.00000000 on A shares for the year 2023. Record date is 30 May 2024. Ex-date is 31 May 2024 and Payment date is 31 May 2024.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 33%After last week's 33% share price gain to CN¥18.82, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 5.3% over the past year.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.07 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.06 (down from CN¥0.07 in 1Q 2023). Revenue: CN¥59.1m (up 24% from 1Q 2023). Net income: CN¥17.8m (down 7.5% from 1Q 2023). Profit margin: 30% (down from 40% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 57% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥11.92, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 37% over the past year.
공시 • Mar 30Long Young Electronic (Kunshan) Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Long Young Electronic (Kunshan) Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
분석 기사 • Mar 21Long Young Electronic (Kunshan)'s (SZSE:301389) Problems Go Beyond Poor ProfitAfter announcing weak earnings, Long Young Electronic (Kunshan) Co., Ltd.'s ( SZSE:301389 ) stock was strong. Despite...
분석 기사 • Mar 20Need To Know: This Analyst Just Made A Substantial Cut To Their Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) EstimatesOne thing we could say about the covering analyst on Long Young Electronic (Kunshan) Co., Ltd. ( SZSE:301389 ) - they...
분석 기사 • Mar 17After Leaping 28% Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) Shares Are Not Flying Under The RadarThose holding Long Young Electronic (Kunshan) Co., Ltd. ( SZSE:301389 ) shares would be relieved that the share price...
공시 • Mar 16Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 09, 2024Long Young Electronic (Kunshan) Co., Ltd., Annual General Meeting, Apr 09, 2024, at 14:30 China Standard Time. Location: Conference room on the 1st floor of the company, No. 99, Shunchang Road, Kunshan City, Suzhou City Jiangsu Province China Agenda: To consider the 2023 annual report and its summary; to consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual accounts report; to consider the 2023 profit distribution plan; to consider the Appointment of 2024 audit firm; to consider the 2024 remuneration plan for directors; to consider the 2024 remuneration plan for supervisors; to consider the Cash management with some proprietary funds and idle raised funds; and to consider the Purchase of liability insurance for directors, supervisors and senior management.
Reported Earnings • Mar 15Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.34 (down from CN¥0.75 in FY 2022). Revenue: CN¥265.4m (down 30% from FY 2022). Net income: CN¥96.8m (down 43% from FY 2022). Profit margin: 37% (down from 45% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 55% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥15.02, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 20% over the past year.
공시 • Feb 20Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) announces an Equity Buyback for CNY 26 million worth of its shares.Long Young Electronic (Kunshan) Co., Ltd. (SZSE:301389) announces a share repurchase program. Under the program, the company will repurchase up to CNY 26 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 21.47 per share. The repurchased shares will be used to maintain the company’s value and safeguard the rights and interests of shareholders and Employees’ shareholding plan, equity incentive plan, or underlying shares of convertible bonds to be issued in the future . The program will be valid for 12 months.
New Risk • Feb 05New 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 7.0% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 170% Dividend per share is over 15x cash flows per share. High level of non-cash earnings (44% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change).
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥12.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 35% over the past year.
공시 • Dec 30Long Young Electronic (Kunshan) Co., Ltd. to Report Fiscal Year 2023 Results on Mar 15, 2024Long Young Electronic (Kunshan) Co., Ltd. announced that they will report fiscal year 2023 results on Mar 15, 2024
공시 • Dec 01Long Young Electronic (Kunshan) Co., Ltd. Approves Management AppointmentsLong Young Electronic (Kunshan) Co., Ltd. announced at the EGM held on November 29, 2023, approved election of Fu Qingxuan, Zhang Dongqin, Chen Xianfeng as non-independent directors; Liu Tiehua and Sun Qihua as independent directors and Lv Yongli as non-employee supervisor.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥21.00, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 3.8% over the past year.
New Risk • Aug 19New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Cash payout ratio: 260% High level of non-cash earnings (25% accrual ratio).
Reported Earnings • Aug 18Second quarter 2023 earnings releasedSecond quarter 2023 results: EPS: CN¥0.12. Net income: CN¥33.6m (up CN¥33.6m from 2Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China.
공시 • Jul 01Long Young Electronic (Kunshan) Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023Long Young Electronic (Kunshan) Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023
공시 • May 26Long Young Electronic (Kunshan) Co., Ltd. Announces Implementation of Final Cash Dividend for 2022, Payable on 31 May 2023Long Young Electronic (Kunshan) Co., Ltd. announced implementation of final cash dividend (tax included) of CNY 7.00000000 per 10 A shares for 2022. Record date is 30 May 2023 with Ex-date on 31 May 2023 and Payment date on 31 May 2023. Net cash dividend per 10 shares after tax: CNY 6.30000000 (CNY 7.00000000 - CNY 0.70000000).
공시 • May 24Long Young Electronic (Kunshan) Co., Ltd. Declares Cash DividendLong Young Electronic (Kunshan) Co., Ltd. declared a cash dividend of RMB 198,450,000.00. Ex-rights (ex-dividend) trading date is May 31, 2023. Last date before book closure is May 30, 2023. Ex-rights (ex-dividend) record date is May 31, 2023.
Reported Earnings • Mar 24Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CN¥0.75 (down from CN¥0.93 in FY 2021). Revenue: CN¥376.4m (down 12% from FY 2021). Net income: CN¥168.9m (down 15% from FY 2021). Profit margin: 45% (down from 46% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China.