Board Change • May 20
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Shengdong Zhang was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. 공시 • Apr 28
Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 19, 2026 Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 19, 2026, at 14:45 China Standard Time. Location: 20F, Tower A, Phase I, No. 151, Zimao West Street, Nanshan Subdistrict, Qianhai Shenzhen Hong Kong Cooperation Zone, Shenzhen, Guangdong China 공시 • Mar 31
Shenzhen CECport Technologies Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 공시 • Dec 31
Shenzhen CECport Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026 Shenzhen CECport Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026 공시 • Sep 30
Shenzhen CECport Technologies Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 공시 • Jul 02
Shenzhen CECport Technologies Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Shenzhen CECport Technologies Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 공시 • May 22
CECport Approves Cash Dividend Distribution (Tax Included) for 2024 CECport held its Annual General Meeting of 2024 on 20 May 2025 and approved cash dividend distribution for 2024 of CNY 1.12000000 per ten shares (tax included). 공시 • Apr 29
Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 20, 2025 Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 20, 2025, at 14:45 China Standard Time. 공시 • Mar 31
Shenzhen CECport Technologies Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 공시 • Dec 31
Shenzhen CECport Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Shenzhen CECport Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.052 (vs CN¥0.046 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.052 (up from CN¥0.046 in 3Q 2023). Revenue: CN¥13.2b (up 58% from 3Q 2023). Net income: CN¥39.2m (up 23% from 3Q 2023). Profit margin: 0.3% (down from 0.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥19.66, the stock trades at a trailing P/E ratio of 56x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 17% over the past year. 공시 • Sep 30
Shenzhen CECport Technologies Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released Second quarter 2024 results: EPS: CN¥0.077. Net income: CN¥58.4m (up CN¥58.4m from 2Q 2023). Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥18.04, the stock trades at a trailing P/E ratio of 63.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 29% over the past year. 공시 • Jun 29
Shenzhen CECport Technologies Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shenzhen CECport Technologies Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 31
Dividend reduced to CN¥0.085 Dividend of CN¥0.085 is 40% lower than last year. Ex-date: 4th June 2024 Payment date: 4th June 2024 Dividend yield will be 0.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but 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. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 공시 • May 30
Shenzhen CECport Technologies Co., Ltd. Announces Final Dividend on A Shares for the Year 2023, Payable on June 4, 2024 Shenzhen CECport Technologies Co., Ltd. announced final cash dividend (tax included) of CNY 0.85000000 per 10 shares on A shares for the year 2023. Record date is June 3, 2024. Ex-date is June 4, 2024. Payment date is June 4, 2024. 공시 • Apr 28
Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 17, 2024 Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 20F, Tower A, Phase I, No. 151, Zimao West Street, Nanshan Subdistrict, Shenzhen, Guangdong China Agenda: 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 report and its summary; to consider the 2023 annual accounts report; to consider the 2023 profit distribution plan; to consider the 2024 estimated continuing connected transactions; to consider the 2024 application for comprehensive credit line; to consider the 2024 estimated guarantee quota for wholly-owned subsidiaries; to consider the amendments to the Company's articles of association and handling the industrial and commercial registration; to consider the election of non-independent directors; to consider the election of independent directors; and to consider the election of non-employee supervisors. 공시 • Apr 27
Shenzhen CECport Technologies Co., Ltd. Proposes Final Dividend for 2023 Shenzhen CECport Technologies Co., Ltd. proposed final cash dividend of CNY 0.85000000 per 10 shares (tax included) for 2023. New Risk • Apr 26
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.6% net profit margin). 공시 • Mar 30
Shenzhen CECport Technologies Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 공시 • Dec 30
Shenzhen CECport Technologies Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Shenzhen CECport Technologies Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 공시 • Oct 11
Shenzhen Cecport Technologies Co., Ltd. Announces Directors Appointment Shenzhen CECport Technologies Co., Ltd. in its 3rd Extraordinary General Meeting of 2023 on 09 October 2023 approved the election of Li Jun, Yang Hong and Cao Bei as non-independent directors. 공시 • Sep 30
Shenzhen CECport Technologies Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 공시 • May 23
Shenzhen CECport Technologies Co., Ltd. Approves Cash Dividend for the Year 2022 Shenzhen CECport Technologies Co., Ltd. approved cash dividend of CNY 1.42000000 per ten shares (tax included) for the year 2022, at its AGM held on May 19, 2023.