Declared Dividend • May 21
Dividend of CN¥0.60 announced Shareholders will receive a dividend of CN¥0.60. Ex-date: 25th May 2026 Payment date: 25th May 2026 Dividend yield will be 1.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (137% earnings payout ratio) nor is it covered by cash flows (dividend approximately 9x free cash flows). The dividend has increased over the past 5 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 53% to bring the payout ratio under control. However, EPS has declined by 22% over the last 5 years so the company would need to reverse this trend. 공시 • Apr 23
Shenzhen Bsc Technology Co.,Ltd., Annual General Meeting, May 14, 2026 Shenzhen Bsc Technology Co.,Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China 공시 • Mar 31
Shenzhen Bsc Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Shenzhen Bsc Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 공시 • Dec 31
Shenzhen Bsc Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Shenzhen Bsc Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 공시 • Sep 30
Shenzhen Bsc Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Shenzhen Bsc Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 공시 • Jul 02
Shenzhen Bsc Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Shenzhen Bsc Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 공시 • Jun 13
Shenzhen Bsc Technology Co.,Ltd. Approves Directorate Appointments Shenzhen Bsc Technology Co.,Ltd. at its Extraordinary General Meeting of 2025 on 11 June 2025 approved appointment of Lai Xiaofan as independent director and Huang Hua as independent director. 공시 • May 30
Shenzhen Bsc Technology Co.,Ltd. Announces Directors Changes Shenzhen Bsc Technology Co.,Ltd. announced on 21 May 2025 about the Company's 1st Extraordinary General Meeting of 2025, the Company announced on 29 May 2025, Additional items to be voted: Huang Hao, independent director and Original items to be cancelled as Zuo Zhigang, independent director. Lai Xiaofan as independent director and Huang Hua as independent director. 공시 • Apr 22
Shenzhen Bsc Technology Co.,Ltd. Proposes Final Cash Dividend for 2024 Shenzhen Bsc Technology Co.,Ltd. announced on 21 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 6.00000000. 공시 • Apr 21
Shenzhen Bsc Technology Co.,Ltd., Annual General Meeting, May 14, 2025 Shenzhen Bsc Technology Co.,Ltd., Annual General Meeting, May 14, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China 공시 • Mar 31
Shenzhen Bsc Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 21, 2025 Shenzhen Bsc Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 21, 2025 공시 • Mar 15
Shenzhen Bsc Technology Co.,Ltd. (SZSE:300951) announces an Equity Buyback for CNY 60 million worth of its shares. Shenzhen Bsc Technology Co.,Ltd. (SZSE:300951) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at no more than CNY 47.26 per share. The purpose of the program is to use the repurchased shares for the implementation of the employee stock ownership plan. The program will be funded from company's own funds. The plan will be valid for 12 months. 공시 • Dec 31
Shenzhen Bsc Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025 Shenzhen Bsc Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.58 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.38 (down from CN¥0.58 in 3Q 2023). Revenue: CN¥407.1m (down 1.2% from 3Q 2023). Net income: CN¥64.7m (down 34% from 3Q 2023). Profit margin: 16% (down from 24% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥29.17, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 41x in the Electronic industry in China. Total loss to shareholders of 8.0% over the past year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥31.31, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 38x in the Electronic industry in China. Negligible returns to shareholders over past year. 공시 • Sep 30
Shenzhen Bsc Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 23, 2024 Shenzhen Bsc Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.23 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.22 (down from CN¥0.23 in 2Q 2023). Revenue: CN¥300.3m (up 19% from 2Q 2023). Net income: CN¥37.1m (down 4.3% from 2Q 2023). Profit margin: 12% (down from 15% in 2Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥33.44, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 13% over the past year. New Risk • Jul 09
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 9.6% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (15% net profit margin). 공시 • Jun 29
Shenzhen Bsc Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 26, 2024 Shenzhen Bsc Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 26, 2024 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥31.33, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 42x in the Electronic industry in China. Total loss to shareholders of 19% over the past year. Declared Dividend • May 20
Dividend of CN¥1.00 announced Shareholders will receive a dividend of CN¥1.00. Ex-date: 23rd May 2024 Payment date: 23rd May 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 45% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.9% EPS decline seen over the last 3 years. 공시 • Apr 23
Shenzhen Bsc Technology Co.,Ltd., Annual General Meeting, May 14, 2024 Shenzhen Bsc Technology Co.,Ltd., Annual General Meeting, May 14, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Reported Earnings • Apr 22
First quarter 2024 earnings released: EPS: CN¥0.49 (vs CN¥0.61 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.49 (down from CN¥0.61 in 1Q 2023). Revenue: CN¥241.5m (down 8.2% from 1Q 2023). Net income: CN¥59.8m (down 18% from 1Q 2023). Profit margin: 25% (down from 28% in 1Q 2023). The decrease in margin was driven by lower revenue. 공시 • Mar 30
Shenzhen Bsc Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 22, 2024 Shenzhen Bsc Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 22, 2024 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥37.72, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 34% over the past year. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥39.24, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 34x in the Electronic industry in China. 공시 • Dec 29
Shenzhen Bsc Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 22, 2024 Shenzhen Bsc Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 22, 2024 Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥68.47, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 47x in the Electronic industry in China. New Risk • Nov 06
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 6.5% 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 High level of non-cash earnings (40% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥48.38, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the Electronic industry in China. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.81 (vs CN¥1.28 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.81 (down from CN¥1.28 in 3Q 2022). Revenue: CN¥412.2m (down 4.3% from 3Q 2022). Net income: CN¥97.4m (down 24% from 3Q 2022). Profit margin: 24% (down from 30% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. 공시 • Sep 30
Shenzhen Bsc Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Shenzhen Bsc Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.51 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.32 (down from CN¥0.51 in 2Q 2022). Revenue: CN¥252.1m (up 1.1% from 2Q 2022). Net income: CN¥38.8m (down 37% from 2Q 2022). Profit margin: 15% (down from 25% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. 공시 • May 17
Shenzhen Bsc Technology Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 22 May 2023 Shenzhen Bsc Technology Co.,Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 12.45000000 for the year 2022, payable on 22 May 2023. Record date is 19 May 2023. Ex-date is 22 May 2023. Reported Earnings • Apr 24
First quarter 2023 earnings released: EPS: CN¥0.61 (vs CN¥0.52 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.61 (up from CN¥0.52 in 1Q 2022). Revenue: CN¥263.0m (up 30% from 1Q 2022). Net income: CN¥73.3m (up 18% from 1Q 2022). Profit margin: 28% (down from 31% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Buying Opportunity • Apr 20
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥64.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 109% in 2 years. Earnings is forecast to grow by 75% in the next 2 years. Board Change • Mar 14
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. Non-Employee Supervisor Yonglin Zhou is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.