Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥53.42, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥47.72, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Auto Components industry in China. Total returns to shareholders of 65% over the past three years. Aankondiging • Jun 30
Streamax Technology Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Streamax Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥55.17, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 84% over the past three years. 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. 6 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jinhua Liang 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. Aankondiging • Dec 31
Streamax Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Streamax Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Aankondiging • Sep 30
Streamax Technology Co., Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Streamax Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 Aankondiging • Sep 09
Streamax Technology Co., Ltd. Approves Interim Profit Distribution Plan of 2025 Streamax Technology Co., Ltd. at its Extraordinary General Meeting of 2025 held on 08 September 2025 approved 2025 interim profit distribution plan as Cash dividend (tax included): CNY 4.00000000 per ten shares. Aankondiging • Aug 23
Streamax Technology Co., Ltd. Proposes Interim Profit Distribution Plan for 2025 Streamax Technology Co., Ltd. announced that at the Extraordinary General Meeting of 2025 to be held on 08 September 2025 proposed 2025 interim profit distribution plan of cash dividend per 10 shares (tax included) of CNY 4.00000000. Aankondiging • Jul 02
Streamax Technology Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Streamax Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Aankondiging • Apr 25
Streamax Technology Co., Ltd., Annual General Meeting, May 15, 2025 Streamax Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 15:30 China Standard Time. Location: 16F, Building B1, No. 1001, Xueyuan Avenue, Nanshan District, Shenzhen, Guangdong China Aankondiging • Mar 31
Streamax Technology Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Streamax Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Aankondiging • Feb 20
Guangzhou Guangjiao Digital Information Industry Co., Ltd. and Dongguan Ruiying Investment Partnership (Limited Partnership) completed the acquisition of 47.67% stake in Shenzhen Streamax Technology Co., Ltd. from Streamax Technology Co., Ltd. (SZSE:002970). Guangzhou Guangjiao Digital Information Industry Co., Ltd. and Dongguan Ruiying Investment Partnership (Limited Partnership) agreed to acquire 47.67% stake in Shenzhen Streamax Technology Co., Ltd. from Streamax Technology Co., Ltd. (SZSE:002970) for CNY 31 million on November 15, 2024. A cash consideration of CNY 30.99 million will be paid by Guangzhou Guangjiao Digital Information Industry Co., Ltd. and Dongguan Ruiying Investment Partnership (Limited Partnership).
As of September 30, 2024, Shenzhen Streamax Technology Co., Ltd. reported total assets of CNY 472.22 million and total common equity of CNY 23.43 million.
Guangzhou Guangjiao Digital Information Industry Co., Ltd. and Dongguan Ruiying Investment Partnership (Limited Partnership) completed the acquisition of 47.67% stake in Shenzhen Streamax Technology Co., Ltd. from Streamax Technology Co., Ltd. (SZSE:002970) on February 18, 2025. On completion, Shenzhen Streamax Technology Co., Ltd. has completed the relevant industrial and commercial change registration procedures. After this change, Guangzhou Guangjiao Digital Information Industry Co., Ltd. holds 42% of the equity in Shenzhen Streamax Technology Co., Ltd., Tang Shanliang holds 33.33% of the equity in Shenzhen Streamax Technology Co., Ltd., Streamax Technology Co., Ltd retained 19% of the equity in Shenzhen Streamax Technology Co., Ltd., and Dongguan Ruiying Investment Partnership (Limited Partnership) holds 5.67% of the equity in Shenzhen Streamax Technology Co., Ltd. Shenzhen Streamax Technology Co., Ltd. will no longer be included in the Company's consolidated financial statements. Aankondiging • Dec 31
Streamax Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Streamax Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Aankondiging • Oct 24
Streamax Technology Co., Ltd. Announces the Profit Distribution Proposal for the Third Quarter of 2024 Streamax Technology Co., Ltd. announced on 23 October 2024 the profit distribution proposal for the third quarter of 2024 as follows: Cash dividend per 10 shares (tax included) of CNY 3.00000000. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥44.47, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 16x in the Auto Components industry in China. Total returns to shareholders of 32% over the past three years. 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 6.8% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥37.35, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Auto Components industry in China. Total loss to shareholders of 11% over the past three years. Aankondiging • Sep 30
Streamax Technology Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024 Streamax Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 Aankondiging • Jun 29
Streamax Technology Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Streamax Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 New Risk • Jun 03
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 8.3% 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 Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. New Risk • May 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 48% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Large one-off items impacting financial results. Aankondiging • Apr 24
Streamax Technology Co., Ltd., Annual General Meeting, May 14, 2024 Streamax Technology Co., Ltd., Annual General Meeting, May 14, 2024, at 15:30 China Standard Time. Location: 16F, Building B1, No. 1001, Xueyuan Avenue, Nanshan District, Shenzhen, Guangdong China Aankondiging • Mar 30
Streamax Technology Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Streamax Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Aankondiging • Dec 29
Streamax Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Streamax Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Aankondiging • Sep 30
Streamax Technology Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Streamax Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Buying Opportunity • Sep 13
Now 24% undervalued Over the last 90 days, the stock is up 1.6%. The fair value is estimated to be CN¥40.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Jul 01
Streamax Technology Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Streamax Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 New Risk • Jun 29
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 9.2% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 36% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. Aankondiging • Jun 10
Streamax Technology Co., Ltd. Implements Cash Dividend, Payable on June 16, 2023 Streamax Technology Co., Ltd. held its Annual General Meeting of 2022 on 16 May 2023, during which it approved: Cash dividend/10 shares (tax included): CNY 2.00000000. Record date: 15 June 2023. Ex-date: 16 June 2023. Payment date: 16 June 2023. Aankondiging • May 18
Streamax Technology Co., Ltd. Approves Cash Dividend Streamax Technology Co., Ltd. held its Annual General Meeting of 2022 on 16 May 2023, during which it approved: Cash dividend/10 shares (tax included): CNY 2.00000000. Aankondiging • Jan 20
Streamax Technology Co., Ltd. (SZSE:002970) announces an Equity Buyback for CNY 80 million worth of its shares. Streamax Technology Co., Ltd. (SZSE:002970) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 25 per share. The repurchased shares will be used for the subsequent implementation of the employee stock ownership plan. The company will use its own funds to repurchase the shares. The program will be valid for a period of 12 months. 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. 5 experienced directors. No highly experienced directors. 1 independent director (3 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: Minority of independent directors. Insufficient board refreshment. 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. 4 experienced directors. No highly experienced directors. 1 independent director (2 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥48.30, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 27x in the Auto Components industry in China. Total loss to shareholders of 16% over the past year. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥37.44, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Auto Components industry in China. Total loss to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥50.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 20x in the Auto Components industry in China. Total loss to shareholders of 19% over the past year. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥42.50, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Auto Components industry in China. Total loss to shareholders of 12% over the past year. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥40.67, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Auto Components industry in China. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥65.39, the stock is trading at a trailing P/E ratio of 48.2x, up from the previous P/E ratio of 41.5x. This compares to an average P/E of 33x in the Auto Components industry in China. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥49.11 The company is down 5.0% from its price of CN¥51.75 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥12.64 per share. Valuation Update With 7 Day Price Move • Nov 10
Market bids up stock over the past week After last week's 17% share price gain to CN¥69.60, the stock is trading at a trailing P/E ratio of 51.3x, up from the previous P/E ratio of 44x. This compares to an average P/E of 40x in the Auto Components industry in China. Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 19% share price gain to CN¥68.99, the stock is trading at a trailing P/E ratio of 50.9x, up from the previous P/E ratio of 42.8x. This compares to an average P/E of 39x in the Auto Components industry in China. Is New 90 Day High Low • Nov 04
New 90-day high: CN¥65.68 The company is up 4.0% from its price of CN¥63.27 on 06 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥11.15 per share. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥219.0m, up 8.0% from the prior year. Total revenue was CN¥1.61b over the last 12 months, up 10% from the prior year. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥52.15 The company is down 20% from its price of CN¥65.45 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥12.70 per share.