Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Tongxian Shen was the last independent director to join the board, commencing their role in 2024. 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 30
Suzhou HYC Technology Co.,Ltd., Annual General Meeting, May 20, 2026 Suzhou HYC Technology Co.,Ltd., Annual General Meeting, May 20, 2026, at 13:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China 공시 • Mar 30
Suzhou HYC Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Suzhou HYC Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 공시 • Dec 26
Suzhou HYC Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 Suzhou HYC Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 공시 • Sep 30
Suzhou HYC Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Suzhou HYC Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 공시 • Jun 30
Suzhou HYC Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Suzhou HYC Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 공시 • May 21
Suzhou HYC Technology Co.,Ltd., Annual General Meeting, Jun 12, 2025 Suzhou HYC Technology Co.,Ltd., Annual General Meeting, Jun 12, 2025, at 13:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China 공시 • Mar 28
Suzhou HYC Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Suzhou HYC Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 공시 • Dec 27
Suzhou HYC Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 Suzhou HYC Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 공시 • Nov 15
Suzhou HYC Technology Co.,Ltd. (SHSE:688001) announces an Equity Buyback for CNY 50 million worth of its shares. Suzhou HYC Technology Co.,Ltd. (SHSE:688001) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be purchased at a price not exceeding CNY 47 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds and special loan fund. The program will be valid for 12 months. As of November 13, 2024, the company had 442,828,931 shares outstanding. Reported Earnings • Nov 01
Third quarter 2024 earnings released: CN¥0.21 loss per share (vs CN¥0.13 profit in 3Q 2023) Third quarter 2024 results: CN¥0.21 loss per share (down from CN¥0.13 profit in 3Q 2023). Revenue: CN¥438.6m (down 2.8% from 3Q 2023). Net loss: CN¥82.2m (down 236% from profit in 3Q 2023). New Risk • Sep 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 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 Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.7% net profit margin). 공시 • Sep 30
Suzhou HYC Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Suzhou HYC Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.24 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.14 (down from CN¥0.24 in 2Q 2023). Revenue: CN¥556.6m (up 5.5% from 2Q 2023). Net income: CN¥65.5m (down 37% from 2Q 2023). Profit margin: 12% (down from 20% in 2Q 2023). 공시 • Jun 29
Suzhou HYC Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Suzhou HYC Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • May 03
First quarter 2024 earnings released: CN¥0.08 loss per share (vs CN¥0.06 profit in 1Q 2023) First quarter 2024 results: CN¥0.08 loss per share (down from CN¥0.06 profit in 1Q 2023). Revenue: CN¥281.2m (down 22% from 1Q 2023). Net loss: CN¥34.4m (down 228% from profit in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. 공시 • May 01
Suzhou HYC Technology Co.,Ltd., Annual General Meeting, May 20, 2024 Suzhou HYC Technology Co.,Ltd., Annual General Meeting, May 20, 2024, at 13:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China 공시 • Mar 29
Suzhou HYC Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Suzhou HYC Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: CN¥0.53 (vs CN¥0.75 in FY 2022) Full year 2023 results: EPS: CN¥0.53 (down from CN¥0.75 in FY 2022). Revenue: CN¥1.86b (down 20% from FY 2022). Net income: CN¥233.5m (down 30% from FY 2022). Profit margin: 13% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year. 공시 • Feb 09
Suzhou HYC Technology Co.,Ltd. (SHSE:688001) announces an Equity Buyback for CNY 40 million worth of its shares. Suzhou HYC Technology Co.,Ltd. (SHSE:688001) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The company will repurchase CNY 20 million of its shares to be used for employee stock ownership plans or equity incentives and CNY 20 million of its shares for maintaining the company's value and shareholders' rights and interests. The shares will be repurchased at a price no more than CNY 43 per share. The program will be funded from company's own funds. The program will be valid for a period of 12 months for the purpose of repurchasing shares for employee stock ownership plans or equity incentives and for 3 months for the purpose of repurchasing shares for maintaining the company's value and shareholders' rights and interests. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥22.72, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥29.66, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 16% over the past three years. 공시 • Dec 30
Suzhou HYC Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Suzhou HYC Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 New Risk • Nov 24
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 6.3% 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 (6.3% average weekly change). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.30 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.30 in 3Q 2022). Revenue: CN¥451.2m (down 20% from 3Q 2022). Net income: CN¥60.4m (down 55% from 3Q 2022). Profit margin: 13% (down from 24% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥36.94, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥30.23, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥38.29, the stock trades at a trailing P/E ratio of 54.5x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 8.0% over the past three years. 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. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.