Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jianwei Liu was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Apr 24
GL Tech Co.,Ltd, Annual General Meeting, May 19, 2026 GL Tech Co.,Ltd, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 1F, Building 2, No. 12, Huanghai Road, Airport Economic Comprehensive Experimental Zone, Zhengzhou, Henan China 공시 • Mar 31
GL Tech Co.,Ltd to Report Q1, 2026 Results on Apr 24, 2026 GL Tech Co.,Ltd announced that they will report Q1, 2026 results on Apr 24, 2026 공시 • Dec 31
GL Tech Co.,Ltd to Report Fiscal Year 2025 Results on Apr 24, 2026 GL Tech Co.,Ltd announced that they will report fiscal year 2025 results on Apr 24, 2026 공시 • Sep 30
GL Tech Co.,Ltd to Report Q3, 2025 Results on Oct 30, 2025 GL Tech Co.,Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 공시 • Jul 02
GL Tech Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025 GL Tech Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025 공시 • May 30
GL Tech Co.,Ltd Announces Cash Dividend for the First Quarter of 2025 , Payable June 3, 2025 GL Tech Co.,Ltd announced cash dividend for the first quarter 2025. Cash dividend per 10 shares (tax included): CNY 0.50000000. Record date: 30 May 2025, Ex-date: 3 June 2025, Payment date: 3 June 2025. 공시 • Apr 29
GL Tech Co.,Ltd, Annual General Meeting, May 20, 2025 GL Tech Co.,Ltd, Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. 공시 • Mar 31
GL Tech Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 GL Tech Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 공시 • Dec 31
GL Tech Co.,Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025 GL Tech Co.,Ltd announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.081 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.03 (down from CN¥0.081 in 3Q 2023). Revenue: CN¥142.3m (down 16% from 3Q 2023). Net income: CN¥10.4m (down 63% from 3Q 2023). Profit margin: 7.3% (down from 17% in 3Q 2023). 공시 • Sep 30
GL Tech Co.,Ltd to Report Q3, 2024 Results on Oct 24, 2024 GL Tech Co.,Ltd announced that they will report Q3, 2024 results on Oct 24, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.24 loss per share (vs CN¥0.072 profit in 2Q 2023) Second quarter 2024 results: CN¥0.24 loss per share (down from CN¥0.072 profit in 2Q 2023). Revenue: CN¥93.1m (down 46% from 2Q 2023). Net loss: CN¥79.6m (down 428% from profit in 2Q 2023). 공시 • Jun 29
GL Tech Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024 GL Tech Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024 공시 • May 29
Gl Tech Co.,Ltd Implements 2023 Final Profit Distribution on A Shares for the Year 2023, Payable on 03 June 2024 GL Tech Co.,Ltd announced the 2023 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included) of CNY 0.50000000. Record date: 31 May 2024. Ex-date: 03 June 2024. Payment date: 03 June 2024. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.06 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.04 (down from CN¥0.06 in 1Q 2023). Revenue: CN¥145.6m (up 1.8% from 1Q 2023). Net income: CN¥15.0m (down 32% from 1Q 2023). Profit margin: 10% (down from 15% in 1Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.19 in FY 2022) Full year 2023 results: EPS: CN¥0.20 (up from CN¥0.19 in FY 2022). Revenue: CN¥660.8m (up 7.5% from FY 2022). Net income: CN¥69.2m (up 5.9% from FY 2022). Profit margin: 11% (in line with FY 2022). 공시 • Mar 30
GL Tech Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024 GL Tech Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥16.77, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 19x in the Electronic industry in China. 공시 • Feb 08
GL Tech Co.,Ltd (SZSE:300480) announces an Equity Buyback for CNY 40 million worth of its shares. GL Tech Co.,Ltd (SZSE:300480) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price shall not exceed CNY 25 per share. The repurchases will be funded using own funds. The repurchased shares will be used to convert convertible bonds issued by the company. The program will be valid for 12 months. As of February 5, 2024, the company had 352,185,838 shares issued and outstanding. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥13.39, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 17x in the Electronic industry in China. 공시 • Dec 29
GL Tech Co.,Ltd to Report Fiscal Year 2023 Results on Mar 30, 2024 GL Tech Co.,Ltd announced that they will report fiscal year 2023 results on Mar 30, 2024 New Risk • Nov 07
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 7.4% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). 공시 • Oct 31
GL Tech Co.,Ltd Announces Interim Profit Distribution Plan to Be Implemented on A Shares for the Year 2023, Payable on 06 November 2023 GL Tech Co.,Ltd announced interim profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.49983400 for the year 2023, payable on 06 November 2023. Record date is 03 November 2023. Ex-date is 06 November 2023. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.057 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.081 (up from CN¥0.057 in 3Q 2022). Revenue: CN¥168.6m (up 1.9% from 3Q 2022). Net income: CN¥28.4m (up 43% from 3Q 2022). Profit margin: 17% (up from 12% in 3Q 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. 공시 • Sep 30
GL Tech Co.,Ltd to Report Q3, 2023 Results on Oct 25, 2023 GL Tech Co.,Ltd announced that they will report Q3, 2023 results on Oct 25, 2023 공시 • Sep 15
GL Tech Co.,Ltd Announces Interim Dividend for the Year 2023 GL Tech Co.,Ltd held its 2nd Extraordinary General Meeting of 2023 on 12 September 2023, approved Cash dividend/10 shares (tax included): CNY 1.50000000. 공시 • Aug 29
GL Tech Co.,Ltd Proposes Interim Cash Dividend for the First Half of 2023 GL Tech Co.,Ltd announced on 28 August 2023 the profit distribution proposal for the first half of 2023 as follows: Cash dividend/10 shares (tax included): CNY 1.50000000. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.069 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.072 (up from CN¥0.069 in 2Q 2022). Revenue: CN¥171.6m (up 16% from 2Q 2022). Net income: CN¥24.3m (flat on 2Q 2022). Profit margin: 14% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Reported Earnings • Apr 24
First quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.058 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.06 (up from CN¥0.058 in 1Q 2022). Revenue: CN¥143.1m (up 19% from 1Q 2022). Net income: CN¥21.9m (up 8.6% from 1Q 2022). Profit margin: 15% (down from 17% in 1Q 2022). The decrease in margin was driven by higher expenses. Board Change • Mar 14
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 Wang Hong was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.