Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Hua Tan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 23
Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 19, 2026 Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 16F, Block B4, Building 9, Area 2, Shenzhen Bay Technology and Ecology Park, Nanshan District, Shenzhen, Guangdong China 공시 • Mar 31
Shenzhen Liantronics Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen Liantronics Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 공시 • Dec 31
Shenzhen Liantronics Co.,Ltd to Report Fiscal Year 2025 Results on Apr 23, 2026 Shenzhen Liantronics Co.,Ltd announced that they will report fiscal year 2025 results on Apr 23, 2026 공시 • Sep 30
Shenzhen Liantronics Co.,Ltd to Report Q3, 2025 Results on Oct 27, 2025 Shenzhen Liantronics Co.,Ltd announced that they will report Q3, 2025 results on Oct 27, 2025 공시 • Jul 02
Shenzhen Liantronics Co.,Ltd to Report First Half, 2025 Results on Aug 22, 2025 Shenzhen Liantronics Co.,Ltd announced that they will report first half, 2025 results on Aug 22, 2025 공시 • Apr 16
Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 09, 2025 Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: 2F, Plant No. 4, Antongda Industrial Plant Area, Liuxian 3rd Road, Section 68, Bao'an District, Shenzhen, Guangdong China 공시 • Mar 31
Shenzhen Liantronics Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025 Shenzhen Liantronics Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 공시 • Dec 31
Shenzhen Liantronics Co.,Ltd to Report Fiscal Year 2024 Results on Apr 16, 2025 Shenzhen Liantronics Co.,Ltd announced that they will report fiscal year 2024 results on Apr 16, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.03 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.003 (down from CN¥0.03 in 3Q 2023). Revenue: CN¥171.2m (down 26% from 3Q 2023). Net income: CN¥3.38m (down 79% from 3Q 2023). Profit margin: 2.0% (down from 6.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. 공시 • Sep 30
Shenzhen Liantronics Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024 Shenzhen Liantronics Co.,Ltd announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.017 loss per share (vs CN¥0.078 profit in 2Q 2023) Second quarter 2024 results: CN¥0.017 loss per share (down from CN¥0.078 profit in 2Q 2023). Revenue: CN¥155.0m (down 44% from 2Q 2023). Net loss: CN¥7.99m (down 117% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥3.13, the stock trades at a trailing P/E ratio of 71.6x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 11% over the past three years. 공시 • Jun 29
Shenzhen Liantronics Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024 Shenzhen Liantronics Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024 Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥2.71, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 12% over the past three years. 공시 • Apr 20
Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 17, 2024 Shenzhen Liantronics Co.,Ltd, Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 2F, Plant No. 4, Antongda Industrial Plant Area, Liuxian 3rd Road, Section 68, Bao'an District, Shenzhen, Guangdong China Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.10 loss in FY 2022) Full year 2023 results: EPS: CN¥0.02 (up from CN¥0.10 loss in FY 2022). Revenue: CN¥980.6m (down 21% from FY 2022). Net income: CN¥8.46m (up CN¥66.4m from FY 2022). Profit margin: 0.9% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. 공시 • Mar 30
Shenzhen Liantronics Co.,Ltd to Report Q1, 2024 Results on Apr 25, 2024 Shenzhen Liantronics Co.,Ltd announced that they will report Q1, 2024 results on Apr 25, 2024 공시 • Dec 30
Shenzhen Liantronics Co.,Ltd to Report Fiscal Year 2023 Results on Apr 19, 2024 Shenzhen Liantronics Co.,Ltd announced that they will report fiscal year 2023 results on Apr 19, 2024 New Risk • Oct 31
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 8.0% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.069 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.069 in 3Q 2022). Revenue: CN¥231.2m (down 52% from 3Q 2022). Net income: CN¥16.0m (down 50% from 3Q 2022). Profit margin: 6.9% (up from 6.6% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. 공시 • Sep 30
Shenzhen Liantronics Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023 Shenzhen Liantronics Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.078 (vs CN¥0.04 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.078 (up from CN¥0.04 loss in 2Q 2022). Revenue: CN¥277.8m (down 6.6% from 2Q 2022). Net income: CN¥46.3m (up CN¥70.3m from 2Q 2022). Profit margin: 17% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.04 loss per share (vs CN¥0.02 loss in 1Q 2022) First quarter 2023 results: CN¥0.04 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2022). Revenue: CN¥224.8m (up 13% from 1Q 2022). Net loss: CN¥19.3m (loss widened 63% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Non-Employee Supervisor Yuhui Xu is the most experienced director on the board, commencing their role in 2021. 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 27
Third quarter 2022 earnings released: EPS: CN¥0.069 (vs CN¥0.024 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.069 (up from CN¥0.024 in 3Q 2021). Revenue: CN¥481.0m (up 76% from 3Q 2021). Net income: CN¥31.9m (up 139% from 3Q 2021). Profit margin: 6.6% (up from 4.9% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2022 earnings released: CN¥0.04 loss per share (vs CN¥0.17 profit in 2Q 2021) Second quarter 2022 results: CN¥0.04 loss per share (down from CN¥0.17 profit in 2Q 2021). Revenue: CN¥297.3m (down 1.0% from 2Q 2021). Net loss: CN¥24.0m (down 123% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥4.61, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 8.9% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥3.49, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 30x in the Electronic industry in China. Total loss to shareholders of 27% over the past three years. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.02 loss per share (vs CN¥0.06 loss in 1Q 2021) First quarter 2022 results: CN¥0.02 loss per share (up from CN¥0.06 loss in 1Q 2021). Revenue: CN¥198.9m (down 1.3% from 1Q 2021). Net loss: CN¥11.9m (loss narrowed 61% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Non-Employee Supervisor Yuhui Xu is the most experienced director on the board, commencing their role in 2021. 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 28
Third quarter 2021 earnings released: EPS CN¥0.024 (vs CN¥0.041 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥273.9m (down 10% from 3Q 2020). Net income: CN¥13.4m (up CN¥36.2m from 3Q 2020). Profit margin: 4.9% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 14
Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.099 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥300.4m (up 2.4% from 2Q 2020). Net income: CN¥103.1m (up CN¥159.0m from 2Q 2020). Profit margin: 34% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • May 01
Full year 2020 earnings released: CN¥0.54 loss per share (vs CN¥2.32 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.14b (down 62% from FY 2019). Net loss: CN¥315.9m (loss narrowed 77% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 30% per year whereas the company’s share price has fallen by 31% per year. Executive Departure • Mar 18
Non-Independent Director has left the company On the 15th of March, Jinyu Xiong's tenure in the role of Non-Independent Director ended. As of December 2020, Jinyu personally held 29.70m shares (CN¥121m worth at the time). A total of 7 executives have left over the last 12 months. Executive Departure • Mar 18
Independent Director has left the company On the 15th of March, Weizai Zhan's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Weizai's name. A total of 7 executives have left over the last 12 months. Executive Departure • Mar 18
Non-Employee Supervisor has left the company On the 15th of March, Qiuping Guo's tenure in the role of Non-Employee Supervisor ended. We don't have any record of a personal shareholding under Qiuping's name. A total of 7 executives have left over the last 12 months. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥3.13 The company is down 48% from its price of CN¥5.99 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period. Is New 90 Day High Low • Jan 05
New 90-day low: CN¥3.95 The company is down 15% from its price of CN¥4.65 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: CN¥4.50 The company is down 17% from its price of CN¥5.45 on 18 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 down 2.0% 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¥1.56b, with losses narrowing by 49% from the prior year. Total revenue was CN¥1.46b over the last 12 months, down 59% from the prior year.