공시 • Sep 21
Vtron Group Co.,Ltd.(SZSE:002308) dropped from Shenzhen Stock Exchange Composite Index Vtron Group Co.,Ltd. has been dropped from the Shenzhen SE Composite index 공시 • Sep 20
Vtron Group Co.,Ltd.(SZSE:002308) dropped from Shenzhen Stock Exchange A Share Index Vtron Group Co.,Ltd. has been droppped from the Shenzhen Stock Exchange A Share Index New Risk • Aug 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CN¥699.3m (US$96.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (CN¥699.3m market cap, or US$96.9m). Board Change • Jul 10
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Non-Employee Supervisor Bin Gao is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Jun 29
Vtron Group Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Vtron Group Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 공시 • Mar 30
Vtron Group Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Vtron Group Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 공시 • Dec 29
Vtron Group Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Vtron Group Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.007 loss per share (vs CN¥0.043 profit in 3Q 2022) Third quarter 2023 results: CN¥0.007 loss per share (down from CN¥0.043 profit in 3Q 2022). Revenue: CN¥119.2m (down 25% from 3Q 2022). Net loss: CN¥15.6m (down 130% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.011 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.012 (up from CN¥0.011 in 2Q 2022). Revenue: CN¥132.1m (down 8.0% from 2Q 2022). Net income: CN¥14.6m (up 40% from 2Q 2022). Profit margin: 11% (up from 7.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Board Change • Jul 01
High number of new and inexperienced directors There are 12 new directors who have joined the board in the last 3 years. The company's board is composed of: 12 new directors. No experienced directors. No highly experienced directors. Non-Employee Supervisor Bin Gao is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Jun 23
Vtron Group Co.,Ltd. Announces Management Changes Vtron Group Co.,Ltd. held its 1st Extraordinary General Meeting of 2023 on 19 June 2023, during which the following proposal(s) was/were approved: Election and nomination of non-independent directors, cumulative voting system applicable: Lu Yu, Chen Xiang, Cao Xiuming, Chen Xiaomeng, Liang Chunhui, and Li Ang. Election and nomination of independent directors, cumulative voting system applicable: Gao Zhiping, Zhang Wendong, Geng Zhijian. Election and nomination of non-employee supervisors, cumulative voting system applicable: Wang Danhong and Gong Qing. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.02 (in line with 1Q 2022). Revenue: CN¥112.2m (down 13% from 1Q 2022). Net income: CN¥14.4m (down 2.4% from 1Q 2022). Profit margin: 13% (up from 12% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Non-Independent Director Guohua Wang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.023 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.043 (up from CN¥0.023 in 3Q 2021). Revenue: CN¥158.5m (down 24% from 3Q 2021). Net income: CN¥51.1m (up 230% from 3Q 2021). Profit margin: 32% (up from 7.5% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.011 (vs CN¥0.018 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.011 (down from CN¥0.018 in 2Q 2021). Revenue: CN¥143.6m (down 19% from 2Q 2021). Net income: CN¥10.4m (down 39% from 2Q 2021). Profit margin: 7.3% (down from 9.6% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.01 loss in 1Q 2021) First quarter 2022 results: EPS: CN¥0.02 (up from CN¥0.01 loss in 1Q 2021). Revenue: CN¥129.0m (up 20% from 1Q 2021). Net income: CN¥14.8m (up CN¥22.9m from 1Q 2021). Profit margin: 12% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. 2 highly experienced directors. Chairman of the Supervisory Committee Dun Deng is the most experienced director on the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.018 (vs CN¥0.38 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥177.3m (up 18% from 2Q 2020). Net income: CN¥17.0m (down 94% from 2Q 2020). Profit margin: 9.6% (down from 179% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • May 03
First quarter 2021 earnings released: CN¥0.01 loss per share (vs CN¥0.01 profit in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: CN¥107.1m (up 62% from 1Q 2020). Net loss: CN¥8.14m (down 174% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.04 (vs CN¥1.35 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥640.8m (down 42% from FY 2019). Net income: CN¥35.8m (up CN¥1.27b from FY 2019). Profit margin: 5.6% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥4.40 The company is down 29% from its price of CN¥6.16 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥4.65 The company is down 29% from its price of CN¥6.51 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥5.60 The company is down 18% from its price of CN¥6.82 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥1.05b, with earnings decreasing by CN¥1.14b from the prior year. Total revenue was CN¥741.5m over the last 12 months, down 35% from the prior year. Is New 90 Day High Low • Oct 27
New 90-day low: CN¥6.14 The company is down 22% from its price of CN¥7.88 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period. 