Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Gongfu Zhang 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 • Mar 30
Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 공시 • Dec 26
Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2025 Results on Apr 18, 2026 Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2025 results on Apr 18, 2026 공시 • Sep 30
Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 공시 • Jun 30
Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025 Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025 공시 • May 29
Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 19, 2025 Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 19, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Anyang, Henan China 공시 • Mar 28
Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2025 Results on Apr 26, 2025 Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 공시 • Dec 27
Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2024 Results on Mar 29, 2025 Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.093 loss per share (vs CN¥0.003 profit in 3Q 2023) Third quarter 2024 results: CN¥0.093 loss per share (down from CN¥0.003 profit in 3Q 2023). Revenue: CN¥952.3m (down 34% from 3Q 2023). Net loss: CN¥100.2m (down CN¥103.3m from profit in 3Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. 공시 • Sep 30
Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Jul 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. 공시 • Jun 28
Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2024 Results on Aug 31, 2024 Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2024 results on Aug 31, 2024 공시 • Jun 24
Henan Gas (Group) Co.,Ltd. completed the acquisition of Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). Henan Gas (Group) Co.,Ltd. agreed to acquire Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) for CNY 15.9 million on May 23, 2024. The consideration consists of CNY 15.99 million in cash. As part of the consideration, CNY 15.99 million was paid towards common equity. Henan Ancai Gas Co., Ltd. reported the total assets worth of CNY 135.4769 million, total common equity worth of CNY 6.6851 million and reported the sales revenue of CNY 186.8596 million and the net loss of CNY 16.8619 million, as of December 31, 2023. The transaction is approved by the board of directors of Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). The transaction is subject to the approval of the shareholders of Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207). As of June 13, 2024, the shareholders of Henan Ancai Hi-Tech approved the transaction.
Henan Gas (Group) Co.,Ltd. completed the acquisition of Henan Ancai Gas Co., Ltd. from Henan Ancai Hi-Tech Co.,Ltd (SHSE:600207) on June 22, 2024. 공시 • May 25
Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 13, 2024 Henan Ancai Hi-Tech Co.,Ltd, Annual General Meeting, Jun 13, 2024, at 10:00 China Standard Time. Location: 8F, No. 4, Financial Island Outer Ring Road, Jinshui District, Zhengzhou, Henan China Reported Earnings • May 03
First quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.009 profit in 1Q 2023) First quarter 2024 results: CN¥0.002 loss per share (down from CN¥0.009 profit in 1Q 2023). Revenue: CN¥1.31b (up 7.1% from 1Q 2023). Net loss: CN¥2.72m (down 127% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Reported Earnings • Mar 31
Full year 2023 earnings released: CN¥0.018 loss per share (vs CN¥0.09 profit in FY 2022) Full year 2023 results: CN¥0.018 loss per share (down from CN¥0.09 profit in FY 2022). Revenue: CN¥5.20b (up 25% from FY 2022). Net loss: CN¥19.3m (down 125% from profit in FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. 공시 • Mar 29
Henan Ancai Hi-Tech Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 New Risk • Jan 30
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 6.7% 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 (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (0.2% net profit margin). 공시 • Dec 29
Henan Ancai Hi-Tech Co.,Ltd to Report Fiscal Year 2023 Results on Mar 30, 2024 Henan Ancai Hi-Tech Co.,Ltd announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.003 (vs CN¥0.049 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.003 (down from CN¥0.049 in 3Q 2022). Revenue: CN¥1.43b (up 38% from 3Q 2022). Net income: CN¥3.13m (down 93% from 3Q 2022). Profit margin: 0.2% (down from 4.1% in 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. 공시 • Sep 30
Henan Ancai Hi-Tech Co.,Ltd to Report Q3, 2023 Results on Oct 28, 2023 Henan Ancai Hi-Tech Co.,Ltd announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.048 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.021 (down from CN¥0.048 in 2Q 2022). Revenue: CN¥1.39b (up 43% from 2Q 2022). Net income: CN¥22.6m (down 46% from 2Q 2022). Profit margin: 1.6% (down from 4.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. 공시 • Jun 28
Henan Ancai Hi-Tech Co.,Ltd to Report First Half, 2023 Results on Aug 30, 2023 Henan Ancai Hi-Tech Co.,Ltd announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.24 in FY 2021) Full year 2022 results: EPS: CN¥0.09 (down from CN¥0.24 in FY 2021). Revenue: CN¥4.14b (up 24% from FY 2021). Net income: CN¥77.5m (down 63% from FY 2021). Profit margin: 1.9% (down from 6.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Board Change • Mar 15
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. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yaohui Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 
