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. 11 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Fuchun Sun 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 29
LUSTER LightTech Co., LTD., Annual General Meeting, May 29, 2026 LUSTER LightTech Co., LTD., Annual General Meeting, May 29, 2026, at 15:00 China Standard Time. Location: Zhishi Lixing Building, Cuihu South Ring Road, Haidian District, Beijing China 공시 • Mar 30
LUSTER LightTech Co., LTD. to Report Q1, 2026 Results on Apr 29, 2026 LUSTER LightTech Co., LTD. announced that they will report Q1, 2026 results on Apr 29, 2026 공시 • Dec 26
LUSTER LightTech Co., LTD. to Report Fiscal Year 2025 Results on Apr 29, 2026 LUSTER LightTech Co., LTD. announced that they will report fiscal year 2025 results on Apr 29, 2026 공시 • Sep 30
LUSTER LightTech Co., LTD. to Report Q3, 2025 Results on Oct 30, 2025 LUSTER LightTech Co., LTD. announced that they will report Q3, 2025 results on Oct 30, 2025 공시 • Jun 30
LUSTER LightTech Co., LTD. to Report First Half, 2025 Results on Aug 29, 2025 LUSTER LightTech Co., LTD. announced that they will report first half, 2025 results on Aug 29, 2025 공시 • Apr 29
LUSTER LightTech Co., LTD., Annual General Meeting, May 20, 2025 LUSTER LightTech Co., LTD., Annual General Meeting, May 20, 2025, at 15:00 China Standard Time. 공시 • Mar 28
LUSTER LightTech Co., LTD. to Report Q1, 2025 Results on Apr 29, 2025 LUSTER LightTech Co., LTD. announced that they will report Q1, 2025 results on Apr 29, 2025 공시 • Dec 27
LUSTER LightTech Co., LTD. to Report Fiscal Year 2024 Results on Apr 29, 2025 LUSTER LightTech Co., LTD. announced that they will report fiscal year 2024 results on Apr 29, 2025 공시 • Dec 05
LUSTER LightTech Co., LTD. (SHSE:688400) announces an Equity Buyback for CNY 100 million worth of its shares. LUSTER LightTech Co., LTD. (SHSE:688400) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price of CNY 35 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The program will be funded from the company's own funds and special loans for stock repurchase. The authority shall expire 12 months from the date of board approval. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.051 (vs CN¥0.10 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.051 (down from CN¥0.10 in 3Q 2023). Revenue: CN¥495.9m (down 23% from 3Q 2023). Net income: CN¥24.7m (down 47% from 3Q 2023). Profit margin: 5.0% (down from 7.3% in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥24.92, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 4.6% over the past year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥20.75, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 16% over the past year. 공시 • Sep 30
LUSTER LightTech Co., LTD. to Report Q3, 2024 Results on Oct 30, 2024 LUSTER LightTech Co., LTD. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 57% 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. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥16.82, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 34% over the past year. 공시 • Aug 28
LUSTER LightTech Co., LTD. (SHSE:688400) announces an Equity Buyback for CNY 60 million worth of its shares. LUSTER LightTech Co., LTD. (SHSE:688400) 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 a price not more than CNY 21 per share. The repurchased shares will be used for employee shareholding plan or equity incentive plan. If the company fails to transfer the repurchased shares within three years after the announcement of the repurchase implementation results and share changes, the company will perform the procedures for reducing the registered capital in accordance with the law, and the un transferred shares will be cancelled. The program will be funded from company's own funds. The authorization will be valid for a period of 12 months. 공시 • Jun 28
LUSTER LightTech Co., LTD. to Report First Half, 2024 Results on Aug 28, 2024 LUSTER LightTech Co., LTD. announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • May 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 52% 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. 공시 • May 01
LUSTER LightTech Co., LTD., Annual General Meeting, May 20, 2024 LUSTER LightTech Co., LTD., Annual General Meeting, May 20, 2024, at 15:00 China Standard Time. Location: Zhishi Lixing Building, Cuihu South Ring Road, Haidian District, Beijing China Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.46 in FY 2022) Full year 2023 results: EPS: CN¥0.35 (down from CN¥0.46 in FY 2022). Revenue: CN¥2.64b (down 3.9% from FY 2022). Net income: CN¥163.9m (down 13% from FY 2022). Profit margin: 6.2% (down from 6.8% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. 공시 • Mar 30
LUSTER LightTech Co., LTD. to Report Q1, 2024 Results on Apr 30, 2024 LUSTER LightTech Co., LTD. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥19.88, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 23x in the Electronic industry in China. Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: CN¥0.37 (vs CN¥0.46 in FY 2022) Full year 2023 results: EPS: CN¥0.37 (down from CN¥0.46 in FY 2022). Revenue: CN¥2.64b (down 3.9% from FY 2022). Net income: CN¥171.9m (down 8.3% from FY 2022). Profit margin: 6.5% (down from 6.8% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. 공시 • Feb 07
LUSTER LightTech Co., LTD. (SHSE:688400) announces an Equity Buyback for CNY 60 million worth of its shares. LUSTER LightTech Co., LTD. (SHSE:688400) 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 a price not more than CNY 34 per share. The repurchased shares will be used for employee shareholding plan or equity incentive plan. The authorization will be valid for a period of 12 months. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥15.83, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥22.00, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 21x in the Electronic industry in China. 공시 • Nov 09
LUSTER LightTech Co., LTD. (SHSE:688400) announces an Equity Buyback for CNY 60 million worth of its shares. LUSTER LightTech Co., LTD. (SHSE:688400) 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 a price of CNY 37 per share. The company will use its own funds to repurchase its shares, which will be used for employee stock ownership plans or equity incentive plans when appropriate opportunities arise in the future. The program will be valid for a period of 12 months. Board Change • Aug 17
No independent 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. No independent directors (4 non-independent 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: Lack of independent directors. Insufficient board refreshment.