공시 • Jun 30
Caihong Display Devices Co.,Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Caihong Display Devices Co.,Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 Board Change • May 20
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 3 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Deputy GM & Director Kun Feng is the most experienced director on the board, commencing their role in 2017. Independent Director Qin Li 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. Lack of board continuity. Lack of experienced directors. 공시 • Apr 16
Caihong Display Devices Co.,Ltd., Annual General Meeting, May 12, 2026 Caihong Display Devices Co.,Ltd., Annual General Meeting, May 12, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xianyang, Shaanxi China 공시 • Mar 30
Caihong Display Devices Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Caihong Display Devices Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 공시 • Dec 26
Caihong Display Devices Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 16, 2026 Caihong Display Devices Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 16, 2026 공시 • Sep 30
Caihong Display Devices Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Caihong Display Devices Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 공시 • Jun 30
Caihong Display Devices Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Caihong Display Devices Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 공시 • Jun 25
BOE Technology Group Company Limited agreed to acquire 30% stake in Xianyang Rainbow Optoelectronic Technology Co., Ltd. from Caihong Display Devices Co.,Ltd for approximately CNY 480 million. BOE Technology Group Company Limited agreed to acquire 30% stake in Xianyang Rainbow Optoelectronic Technology Co., Ltd. from Caihong Display Devices Co.,Ltd. for approximately CNY 480 million on June 16, 2025. BOE Technology Group Company Limited entered into agreement to acquire 30% stake in Xianyang Rainbow Optoelectronic Technology Co., Ltd. from Caihong Display Devices Co.,Ltd. for approximately CNY 480 million on June 24, 2025.Transaction has been approved by BOE Technology Group's board. 공시 • Apr 18
Caihong Display Devices Co.,Ltd., Annual General Meeting, May 13, 2025 Caihong Display Devices Co.,Ltd., Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xianyang, Shaanxi China 공시 • Mar 28
Caihong Display Devices Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Caihong Display Devices Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 공시 • Dec 27
Caihong Display Devices Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Caihong Display Devices Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 New Risk • Oct 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.088 (vs CN¥0.16 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.088 (down from CN¥0.16 in 3Q 2023). Revenue: CN¥2.93b (down 13% from 3Q 2023). Net income: CN¥313.2m (down 46% from 3Q 2023). Profit margin: 11% (down from 17% in 3Q 2023). The decrease in margin was driven by lower revenue. 공시 • Sep 30
Caihong Display Devices Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Caihong Display Devices Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥6.80, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 14% over the past year. New Risk • Sep 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.053 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.053 in 2Q 2023). Revenue: CN¥3.16b (up 6.1% from 2Q 2023). Net income: CN¥638.2m (up 235% from 2Q 2023). Profit margin: 20% (up from 6.4% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥7.43, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 8.0% over the past year. 공시 • Jun 28
Caihong Display Devices Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Caihong Display Devices Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 New Risk • Apr 24
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Large one-off items impacting financial results. 공시 • Apr 21
Caihong Display Devices Co.,Ltd., Annual General Meeting, May 15, 2024 Caihong Display Devices Co.,Ltd., Annual General Meeting, May 15, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xianyang, Shaanxi China Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.74 loss in FY 2022) Full year 2023 results: EPS: CN¥0.18 (up from CN¥0.74 loss in FY 2022). Revenue: CN¥11.5b (up 28% from FY 2022). Net income: CN¥661.1m (up CN¥3.32b from FY 2022). Profit margin: 5.8% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. 공시 • Mar 29
Caihong Display Devices Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Caihong Display Devices Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 공시 • Dec 29
Caihong Display Devices Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Caihong Display Devices Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.21 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.16 (up from CN¥0.21 loss in 3Q 2022). Revenue: CN¥3.37b (up 50% from 3Q 2022). Net income: CN¥575.8m (up CN¥1.33b from 3Q 2022). Profit margin: 17% (up from net loss in 3Q 2022). 공시 • Sep 30
Caihong Display Devices Co.,Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Caihong Display Devices Co.,Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.11 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.053 (up from CN¥0.11 loss in 2Q 2022). Revenue: CN¥2.98b (up 40% from 2Q 2022). Net income: CN¥190.3m (up CN¥592.9m from 2Q 2022). Profit margin: 6.4% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. 공시 • Jun 28
Caihong Display Devices Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Caihong Display Devices Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 24
Full year 2022 earnings released: CN¥0.74 loss per share (vs CN¥0.74 profit in FY 2021) Full year 2022 results: CN¥0.74 loss per share (down from CN¥0.74 profit in FY 2021). Revenue: CN¥8.97b (down 41% from FY 2021). Net loss: CN¥2.66b (down 200% from profit in FY 2021). Board Change • Mar 14
Insufficient new directors 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. 2 highly experienced directors. Independent Director Xia Meng was the last director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.