Recent Insider Transactions • Jul 18
Founder & Chairman of the Board recently bought HK$1.7m worth of stock On the 14th of July, Jie Xiang bought around 1m shares on-market at roughly HK$1.67 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jie's only on-market trade for the last 12 months. 공고 • Jul 14
Sun.King Technology Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2026 Sun.King Technology Group Limited provided earnings guidance for the six months ended 30 June 2026. For the period,
the Group expects to record revenue of approximately RMB 1.268 billion for the Reporting Period, representing an increase of approximately 42.7% as compared to the six months ended 30 June 2025, mainly due to the Group's concentrated delivery of products for the Gansu-Zhejiang Flexible Direct Current Transmission Project, including DC support capacitors and online monitoring systems for DC support capacitors; however, the Group expects to record a loss attributable to owners of the parent of approximately RMB 30 million as compared to a profit attributable to owners of the parent of approximately RMB 94 million for the six months ended 30 June 2025. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to HK$2.48, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 25x in the Electrical industry in Hong Kong. Total returns to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to HK$2.69, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 23x in the Electrical industry in Hong Kong. Total returns to shareholders of 66% over the past three years. 공고 • Jun 02
Sun.King Technology Group Limited Approves Final Dividend for the Year Ended 31 December 2025 Sun.King Technology Group Limited at the Annual General Meeting held on 2 June 2026 approved to declare a final dividend of HKD 0.01 per share for the year ended 31 December 2025 out of the share premium account of the Company. Upcoming Dividend • May 29
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 05 June 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Hong Kong dividend payers (6.9%). Lower than average of industry peers (1.1%). Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$2.38, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 23x in the Electrical industry in Hong Kong. Total returns to shareholders of 52% over the past three years. New Risk • May 13
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 Hong Kong stocks, typically moving 10% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to HK$2.05, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 21x in the Electrical industry in Hong Kong. Total returns to shareholders of 23% over the past three years. Reported Earnings • Apr 28
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: CN¥0.086 (up from CN¥0.064 in FY 2024). Revenue: CN¥2.25b (up 40% from FY 2024). Net income: CN¥137.9m (up 35% from FY 2024). Profit margin: 6.1% (down from 6.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 6.0%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electrical industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Apr 24
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Non-Executive Director Cai Ge White was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Mar 23
Final dividend of HK$0.01 announced Dividend of HK$0.01 is the same as last year. Ex-date: 5th June 2026 Payment date: 29th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 4.6%. Payout Ratios Payout ratio: 18%. Cash payout ratio: 25%. Reported Earnings • Mar 21
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: CN¥0.086 (up from CN¥0.064 in FY 2024). Revenue: CN¥2.25b (up 40% from FY 2024). Net income: CN¥137.9m (up 35% from FY 2024). Profit margin: 6.1% (down from 6.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 6.0%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electrical industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. 공고 • Mar 20
Sun.King Technology Group Limited, Annual General Meeting, Jun 02, 2026 Sun.King Technology Group Limited, Annual General Meeting, Jun 02, 2026, at 10:00 China Standard Time. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$2.02, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Electrical industry in Hong Kong. Total returns to shareholders of 20% over the past three years. 공고 • Mar 05
Sun.King Technology Group Limited to Report Fiscal Year 2025 Results on Mar 19, 2026 Sun.King Technology Group Limited announced that they will report fiscal year 2025 results on Mar 19, 2026 공고 • Jan 14
Sun.King Technology Group Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2025 Sun.King Technology Group Limited provided consolidated earnings guidance for the year ended 31 December 2025. The Group expects the revenue for the Reporting Year to be approximately RMB 2,250 million, representing an increase of approximately 40.0% as compared to the year ended 31 December 2024, mainly due to (a) the increase in revenue from the flexible transmission sector, benefiting from the successive delivery and revenue recognition of order products from projects, namely the middle- southern Saudi Arabia 500kV flexible direct current transmission conversion station project, the Gansu-Zhejiang 800kV ultra-high-voltage direct current transmission project and the Peru/Chile distributed power flow controller project; and (b) the increase in revenue from self-manufactured insulated gate bipolar transistors, benefiting from the Group's efforts to intensify market expansion which have gradually expanded its market share; and the Group expects to record a profit attributable to owners of the parent during the Reporting Year, representing an increase of approximately 30.0% as compared to the year ended 31 December 2024, mainly due to (a) the increase in gross profit resulting from the increase in revenue; and (b) the increase in other income and gains, mainly including exchange gains and gains on foreign exchange forward contracts entered into to mitigate foreign exchange risks of purchases in foreign currencies. New Risk • Dec 23
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 Hong Kong 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$2.27, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Electrical industry in Hong Kong. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$2.13, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Electrical industry in Hong Kong. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$2.05, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 23x in the Electrical industry in Hong Kong. Total returns to shareholders of 24% over the past three years. Upcoming Dividend • Sep 25
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 02 October 2025. Payment date: 22 October 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Hong Kong dividend payers (6.7%). Lower than average of industry peers (2.1%). Reported Earnings • Aug 24
First half 2025 earnings released: EPS: CN¥0.058 (vs CN¥0.021 in 1H 2024) First half 2025 results: EPS: CN¥0.058 (up from CN¥0.021 in 1H 2024). Revenue: CN¥888.3m (up 36% from 1H 2024). Net income: CN¥93.8m (up 178% from 1H 2024). Profit margin: 11% (up from 5.1% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Electrical industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$1.86, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Electrical industry in Hong Kong. Total loss to shareholders of 18% over the past three years. 공고 • Aug 09
Sun.King Technology Group Limited to Report First Half, 2025 Results on Aug 22, 2025 Sun.King Technology Group Limited announced that they will report first half, 2025 results on Aug 22, 2025 Recent Insider Transactions • Jul 23
VP & Executive Director recently bought HK$732k worth of stock On the 18th of July, Zhoumin Yue bought around 510k shares on-market at roughly HK$1.43 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$4.9m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$1.59, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Electrical industry in Hong Kong. Total loss to shareholders of 34% over the past three years. 공고 • Jul 11
Sun.King Technology Group Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2025 Sun.King Technology Group Limited provided consolidated earnings guidance for the six months ended 30 June 2025. FOr the period, the Group expected the revenue for the Reporting Period to be approximately RMB 880 million, representing an increase of approximately 34% as compared to the same period in 2024, mainly due to (a) the successive delivery of products of total three ultra-high-voltage direct current (the DC) (the UHVDC) transmission projects, namely the middle-southern Saudi Arabia 500kV flexible DC transmission conversion station project, the Gansu-Zhejiang 800kV UHVDC transmission project and the Shanbei-Anhui 800kV UHVDC transmission project, as well as the Peru/Chile distributed power flow controller project; and (b) the increase in revenue from self-manufactured insulated gate bipolar transistors; and the Group expected to record a profit attributable to owners of the parent of approximately RMB 90 million during the Reporting Period, representing an increase of approximately 167% as compared to the same period in 2024, mainly due to the significant increase in gains from forward foreign exchange contracts during the Reporting Period entered into to mitigate foreign exchange risks arising from purchases of materials denominated in foreign currencies. Recent Insider Transactions • Jun 12
Founder & Chairman of the Board recently bought HK$585k worth of stock On the 10th of June, Jie Xiang bought around 500k shares on-market at roughly HK$1.17 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$2.0m. Jie has been a buyer over the last 12 months, purchasing a net total of HK$3.9m worth in shares. 공고 • Jun 07
Sun.King Technology Group Limited Declares Final Dividend for the Year Ended 31 December 2024 Sun.King Technology Group Limited at its annual general meeting held on 6 June 2025 declared a final dividend of HKD 0.01 per Share for the year ended 31 December 2024. Upcoming Dividend • Jun 03
Upcoming dividend of HK$0.01 per share Eligible shareholders must have bought the stock before 10 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Hong Kong dividend payers (7.7%). Lower than average of industry peers (3.7%). Recent Insider Transactions • Apr 25
Founder & Chairman of the Board recently bought HK$572k worth of stock On the 17th of April, Jie Xiang bought around 500k shares on-market at roughly HK$1.14 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$2.0m. Jie has been a buyer over the last 12 months, purchasing a net total of HK$3.3m worth in shares. Recent Insider Transactions • Apr 13
Founder & Chairman of the Board recently bought HK$2.0m worth of stock On the 8th of April, Jie Xiang bought around 2m shares on-market at roughly HK$1.02 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jie's only on-market trade for the last 12 months. Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: CN¥0.064 (vs CN¥0.019 in FY 2023) Full year 2024 results: EPS: CN¥0.064 (up from CN¥0.019 in FY 2023). Revenue: CN¥1.61b (up 53% from FY 2023). Net income: CN¥102.5m (up 225% from FY 2023). Profit margin: 6.4% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. 공고 • Mar 06
Sun.King Technology Group Limited to Report Fiscal Year 2024 Results on Mar 19, 2025 Sun.King Technology Group Limited announced that they will report fiscal year 2024 results on Mar 19, 2025 공고 • Jan 13
Sun.King Technology Group Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2024 Sun.King Technology Group Limited provided consolidated earnings guidance for the year ended 31 December 2024. The Group expected the revenue for the Reporting Year to increase to not less than RMB 1,600,000,000, where such increase is mainly due to the successive delivery of products of the following projects: regular direct current ("DC") transmission projects: a total of three ultra-high voltage regular DC transmission projects of Ningxia-Hunan, Jinshang-Hubei and Hami-Chongqing, and the second phase of the Qinghai-Tibet DC project; flexible transmission projects: the Yangjiang-Qingzhou offshore wind farms with centralised transmission of sea cables and the 220KV transmission project of Huaneng Yuhuan No. 2 offshore wind power project; grid energy storage projects: Sichuan grid-based static var generator ("SVG") and Tibet grid-based SVG; and overseas DC transmission projects: the DC transmission and transformation project of Itaipu Binacional of Brazil and the offshore wind power and flexible DC transmission project of BorWin6 of Germany; and the Group expected to record a profit attributable to owners of the parent of approximately RMB 100 million during the Reporting Year, which is an increase by approximately 200% when compared to the profit attributable to owners of the parent recorded in 2023, and mainly due to (a) the significant increase in revenue during the Reporting Year; and (b) the increase in the proportion of revenue from high-margin products. New Risk • Dec 27
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 Hong Kong stocks, typically moving 13% 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 Earnings have declined by 46% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Nov 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 96% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 46% per year over the past 5 years. Shareholders have been substantially diluted in the past year (96% increase in shares outstanding). 공고 • Oct 16
Sun.King Technology Group Limited Announces Resignation of Zhang Ling as Non-Executive Director, A Member of the Strategy and Sustainability Committee Sun.King Technology Group Limited announced that due to work arrangement, Ms. Zhang Ling (Ms. Zhang) tendered her resignation as a non-executive director, a member of the strategy and sustainability committee of the board, all with effect from 16 October 2024. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to HK$1.30, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 9x in the Electrical industry in Hong Kong. Total loss to shareholders of 71% over the past three years. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$1.16, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 8x in the Electrical industry in Hong Kong. Total loss to shareholders of 71% over the past three years. Reported Earnings • Aug 24
First half 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.004 loss in 1H 2023) First half 2024 results: EPS: CN¥0.021 (up from CN¥0.004 loss in 1H 2023). Revenue: CN¥655.8m (up 43% from 1H 2023). Net income: CN¥33.7m (up CN¥39.8m from 1H 2023). Profit margin: 5.1% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. 공고 • Aug 07
Sun.King Technology Group Limited to Report First Half, 2024 Results on Aug 21, 2024 Sun.King Technology Group Limited announced that they will report first half, 2024 results on Aug 21, 2024 Reported Earnings • Apr 27
Full year 2023 earnings released: EPS: CN¥0.019 (vs CN¥0.015 in FY 2022) Full year 2023 results: EPS: CN¥0.019 (up from CN¥0.015 in FY 2022). Revenue: CN¥1.05b (up 15% from FY 2022). Net income: CN¥31.5m (up 32% from FY 2022). Profit margin: 3.0% (up from 2.6% in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 24
Full year 2023 earnings released: EPS: CN¥0.019 (vs CN¥0.015 in FY 2022) Full year 2023 results: EPS: CN¥0.019 (up from CN¥0.015 in FY 2022). Revenue: CN¥1.05b (up 15% from FY 2022). Net income: CN¥31.5m (up 32% from FY 2022). Profit margin: 3.0% (up from 2.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. 공고 • Mar 23
Sun.King Technology Group Limited, Annual General Meeting, Jun 06, 2024 Sun.King Technology Group Limited, Annual General Meeting, Jun 06, 2024, at 10:00 China Standard Time. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$1.26, the stock trades at a trailing P/E ratio of 74.3x. Average trailing P/E is 8x in the Electrical industry in Hong Kong. Total loss to shareholders of 50% over the past three years. 공고 • Mar 12
Sun.King Technology Group Limited to Report Fiscal Year 2023 Results on Mar 22, 2024 Sun.King Technology Group Limited announced that they will report fiscal year 2023 results on Mar 22, 2024 Recent Insider Transactions • Jan 11
Founder & Chairman of the Board recently bought HK$1.3m worth of stock On the 9th of January, Jie Xiang bought around 1m shares on-market at roughly HK$1.26 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jie's only on-market trade for the last 12 months. Reported Earnings • Aug 23
First half 2023 earnings released: CN¥0.004 loss per share (vs CN¥0.004 loss in 1H 2022) First half 2023 results: CN¥0.004 loss per share (in line with 1H 2022). Revenue: CN¥459.5m (up 9.4% from 1H 2022). Net loss: CN¥6.09m (loss narrowed 15% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. 공고 • Aug 08
Sun.King Technology Group Limited to Report First Half, 2023 Results on Aug 22, 2023 Sun.King Technology Group Limited announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Mar 24
Full year 2022 earnings released Full year 2022 results: Revenue: CN¥917.8m (down 1.4% from FY 2021). Net income: CN¥24.0m (up 55% from FY 2021). Profit margin: 2.6% (up from 1.7% in FY 2021). The increase in margin was driven by lower expenses. Board Change • Nov 16
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. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Vincent, Vince Leung was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Nov 02
Founder & Chairman of the Board recently bought HK$715k worth of stock On the 24th of October, Jie Xiang bought around 500k shares on-market at roughly HK$1.43 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$779k. Jie has been a buyer over the last 12 months, purchasing a net total of HK$2.3m worth in shares. Recent Insider Transactions • Oct 23
Founder & Chairman of the Board recently bought HK$779k worth of stock On the 17th of October, Jie Xiang bought around 500k shares on-market at roughly HK$1.56 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jie has been a buyer over the last 12 months, purchasing a net total of HK$1.6m worth in shares. Reported Earnings • Aug 25
First half 2022 earnings released: CN¥0.004 loss per share (vs CN¥0.007 loss in 1H 2021) First half 2022 results: CN¥0.004 loss per share (up from CN¥0.007 loss in 1H 2021). Revenue: CN¥420.0m (down 14% from 1H 2021). Net loss: CN¥7.15m (loss narrowed 35% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Board Change • Apr 27
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. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Vincent Leung was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to HK$2.33, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 6x in the Electrical industry in Hong Kong. Total returns to shareholders of 90% over the past three years. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to HK$4.28, the stock trades at a trailing P/E ratio of 76.7x. Average trailing P/E is 6x in the Electrical industry in Hong Kong. Total returns to shareholders of 305% over the past three years. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to HK$4.31, the stock trades at a trailing P/E ratio of 77.7x. Average trailing P/E is 8x in the Electrical industry in Hong Kong. Total returns to shareholders of 341% over the past three years. Reported Earnings • Aug 26
First half 2021 earnings released: CN¥0.007 loss per share (vs CN¥0.057 profit in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: CN¥490.8m (down 29% from 1H 2020). Net loss: CN¥11.0m (down 112% from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 29% share price gain to CN¥3.92, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 8x in the Electrical industry in Hong Kong. Total returns to shareholders of 227% over the past three years. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥3.44, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 8x in the Electrical industry in Hong Kong. Total returns to shareholders of 179% over the past three years. Upcoming Dividend • Jun 23
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 30 June 2021. Payment date: 21 July 2021. Trailing yield: 1.5%. Lower than top quartile of Hong Kong dividend payers (6.1%). Lower than average of industry peers (3.9%). Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥3.28, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 8x in the Electrical industry in Hong Kong. Total returns to shareholders of 156% over the past three years. 공고 • Jun 18
Sun.King Technology Group Limited Provides Earnings Guidance for the Six Months Ending 30 June 2021 Sun.King Technology Group Limited provided earnings guidance for the six months ending 30 June 2021. For the six months, it is expected that the Group will record a loss for the six months ending 30 June 2021 as compared to a profit for the six months ended 30 June 2020. The aforesaid expected loss were mainly attributable to the research and development costs incurred in the insulated gate bipolar transistor projects; the decrease in orders in the power transmission and distribution sector; and the decrease in gross profit margin of the Group's products as compared to the corresponding period in 2020. 공고 • Apr 30
Sun.King Technology Group Limited Proposes Final Dividend for the Year Ended 31 December 2020 Sun.King Technology Group Limited proposed to declare a final dividend of 3 Hong Kong cents per share for the year ended 31 December 2020 out of the share premium account of the Company, at the Annual General Meeting to be held on June 23, 2021. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥0.11 (vs CN¥0.12 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.22b (down 13% from FY 2019). Net income: CN¥177.2m (down 9.4% from FY 2019). Profit margin: 15% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS CN¥0.11 (vs CN¥0.12 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.22b (down 13% from FY 2019). Net income: CN¥177.2m (down 9.4% from FY 2019). Profit margin: 15% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. 공고 • Mar 12
Sun.King Technology Group Limited to Report Fiscal Year 2020 Results on Mar 23, 2021 Sun.King Technology Group Limited announced that they will report fiscal year 2020 results on Mar 23, 2021 Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥3.03, the stock is trading at a trailing P/E ratio of 23.3x, down from the previous P/E ratio of 28.1x. This compares to an average P/E of 13x in the Electrical industry in Hong Kong. Total returns to shareholders over the past three years are 112%. Is New 90 Day High Low • Feb 09
New 90-day high: HK$3.40 The company is up 106% from its price of HK$1.65 on 11 November 2020. The Hong Kong market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 30% over the same period. Recent Insider Transactions • Jan 23
VP & Executive Director recently sold HK$11m worth of stock On the 21st of January, Zhoumin Yue sold around 4m shares on-market at roughly HK$3.09 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. 
