New Risk • Apr 28
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 136% Dividend yield: 1.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 108% Cash payout ratio: 136% Earnings have declined by 9.8% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (3.5% net profit margin). Aankondiging • Mar 31
Genbyte Technology Inc. to Report Q1, 2026 Results on Apr 28, 2026 Genbyte Technology Inc. announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: CN¥0.51 (vs CN¥1.40 in FY 2024) Full year 2025 results: EPS: CN¥0.51 (down from CN¥1.40 in FY 2024). Revenue: CN¥1.37b (down 2.5% from FY 2024). Net income: CN¥73.4m (down 64% from FY 2024). Profit margin: 5.4% (down from 14% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year. Aankondiging • Mar 31
Genbyte Technology Inc., Annual General Meeting, Apr 21, 2026 Genbyte Technology Inc., Annual General Meeting, Apr 21, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Aankondiging • Dec 31
Genbyte Technology Inc. to Report Fiscal Year 2025 Results on Mar 31, 2026 Genbyte Technology Inc. announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.30 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.23 (down from CN¥0.30 in 3Q 2024). Revenue: CN¥392.4m (down 2.3% from 3Q 2024). Net income: CN¥22.9m (down 48% from 3Q 2024). Profit margin: 5.8% (down from 11% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Aankondiging • Sep 30
Genbyte Technology Inc. to Report Q3, 2025 Results on Oct 30, 2025 Genbyte Technology Inc. announced that they will report Q3, 2025 results on Oct 30, 2025 Aankondiging • Sep 16
Genbyte Technology Inc. Approves Interim Dividend for 2025 Genbyte Technology Inc. held its 3rd Extraordinary General Meeting of 2025 on 12 September 2025, approved interim Cash dividend/10 shares (tax included): CNY 1.50000000 for 2025. Aankondiging • Jul 02
Genbyte Technology Inc. to Report First Half, 2025 Results on Aug 28, 2025 Genbyte Technology Inc. announced that they will report first half, 2025 results on Aug 28, 2025 Valuation Update With 7 Day Price Move • May 28
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to CN¥30.69, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 39x in the Electrical industry in China. Total returns to shareholders of 4.4% over the past three years. New Risk • May 18
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 8.6% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.36 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.27 (down from CN¥0.36 in 1Q 2024). Revenue: CN¥294.1m (up 14% from 1Q 2024). Net income: CN¥29.8m (down 25% from 1Q 2024). Profit margin: 10% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 22
Genbyte Technology Inc. Approves Cash Dividend for the Year 2024 Genbyte Technology Inc. at its AGM held on 18 April 2025, approved Cash dividend/10 shares (tax included): CNY 4.50000000 for the year 2024. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥37.94, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 34x in the Electrical industry in China. Total returns to shareholders of 27% over the past three years. New Risk • Apr 07
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 7.9% 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 High level of non-cash earnings (41% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change). Aankondiging • Mar 31
Genbyte Technology Inc. to Report Q1, 2025 Results on Apr 29, 2025 Genbyte Technology Inc. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: CN¥1.82 (vs CN¥1.87 in FY 2023) Full year 2024 results: EPS: CN¥1.82 (down from CN¥1.87 in FY 2023). Revenue: CN¥1.40b (up 14% from FY 2023). Net income: CN¥203.3m (down 2.3% from FY 2023). Profit margin: 14% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Mar 28
Genbyte Technology Inc., Annual General Meeting, Apr 18, 2025 Genbyte Technology Inc., Annual General Meeting, Apr 18, 2025, at 15:00 China Standard Time. Location: 6F, Building 4, Huahong Communication Industry Park, Intersection of Genyu Road and Nanming Road, Yutang Subdistrict, Guangming District, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥45.53, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 39x in the Electrical industry in China. Total returns to shareholders of 19% over the past three years. Aankondiging • Dec 31
Genbyte Technology Inc. to Report Fiscal Year 2024 Results on Mar 28, 2025 Genbyte Technology Inc. announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.56 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.39 (down from CN¥0.56 in 3Q 2023). Revenue: CN¥401.8m (up 14% from 3Q 2023). Net income: CN¥43.6m (down 30% from 3Q 2023). Profit margin: 11% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year. Aankondiging • Sep 30
Genbyte Technology Inc. to Report Q3, 2024 Results on Oct 29, 2024 Genbyte Technology Inc. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥35.80, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 5.6% over the past three years. Upcoming Dividend • Sep 16
Upcoming dividend of CN¥0.45 per share Eligible shareholders must have bought the stock before 23 September 2024. Payment date: 23 September 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.1%. Within top quartile of Chinese dividend payers (2.8%). Higher than average of industry peers (1.9%). Aankondiging • Sep 14
Genbyte Technology Inc. Approves 2024 Interim Profit Distribution Plan to Be Implemented (A Shares), Payable on 23 September 2024 Genbyte Technology Inc. at its 2nd Extraordinary General Meeting of 2024 on 10 September 2024, approved: 2024 interim profit distribution plan (A shares): Cash dividend/10 shares (tax included): CNY 4.50000000. Record date: 20 September 2024; Ex-date: 23 September 2024; Payment date: 23 September 2024. New Risk • Sep 11
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Aankondiging • Aug 24
Genbyte Technology Inc. Proposes Interim Dividend for the First Half of 2024 Genbyte Technology Inc. proposed cash dividend/10 shares (tax included) of CNY 4.50000000 for the first half of 2024. Aankondiging • Jun 29
Genbyte Technology Inc. to Report First Half, 2024 Results on Aug 23, 2024 Genbyte Technology Inc. announced that they will report first half, 2024 results on Aug 23, 2024 Aankondiging • Mar 30
Genbyte Technology Inc. to Report Q1, 2024 Results on Apr 27, 2024 Genbyte Technology Inc. announced that they will report Q1, 2024 results on Apr 27, 2024 Aankondiging • Mar 29
Genbyte Technology Inc., Annual General Meeting, Apr 18, 2024 Genbyte Technology Inc., Annual General Meeting, Apr 18, 2024, at 15:00 China Standard Time. Location: 6F, Building 4, Huahong Communication Industry Park, Intersection of Genyu Road and Nanming Road, Yutang Subdistrict, Guangming District, Shenzhen, Guangdong China New Risk • Mar 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Jan 22
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 6.0% 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 (6.0% average weekly change). Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥35.40, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 32x in the Electrical industry in China. Total loss to shareholders of 11% over the past three years. Aankondiging • Dec 30
Genbyte Technology Inc. to Report Fiscal Year 2023 Results on Mar 29, 2024 Genbyte Technology Inc. announced that they will report fiscal year 2023 results on Mar 29, 2024 Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥44.23, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 33x in the Electrical industry in China. Total returns to shareholders of 44% over the past three years. Aankondiging • Sep 30
Genbyte Technology Inc. to Report Q3, 2023 Results on Oct 30, 2023 Genbyte Technology Inc. announced that they will report Q3, 2023 results on Oct 30, 2023 Aankondiging • Jul 01
Genbyte Technology Inc. to Report First Half, 2023 Results on Aug 22, 2023 Genbyte Technology Inc. announced that they will report first half, 2023 results on Aug 22, 2023 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥49.84, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 35x in the Electrical industry in China. Total returns to shareholders of 17% over the past year. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥41.55, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 35x in the Electrical industry in China. Total loss to shareholders of 4.9% over the past year. Aankondiging • Nov 17
Genbyte Technology Inc. announced a financing transaction Genbyte Technology Inc. announced a private placement of A shares on November 15, 2022. The transaction has been approved by the shareholders of the company in second Extraordinary General Meeting of 2022. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Chairman of the Supervisory Board Fanglan Liu was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥39.45, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 35x in the Electrical industry in China. Total loss to shareholders of 1.1% over the past year. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥45.79, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 42x in the Electrical industry in China. Total returns to shareholders of 4.4% over the past year. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥50.42, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 41x in the Electrical industry in China. Total returns to shareholders of 18% over the past year. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥44.78, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 6.3% over the past year. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥37.73, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 37x in the Electrical industry in China. Total loss to shareholders of 26% over the past year. Aankondiging • Jun 18
Genbyte Technology Inc. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 23, 2022 Genbyte Technology Inc. announced 2021 final profit distribution plan to be implemented (A shares), Payable on June 23, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 3.00000000. The record date is June 22, 2022 and ex-date is June 23, 2022. Aankondiging • May 18
Genbyte Technology Inc. Approves Cash Dividend for 2021 Genbyte Technology Inc. approved cash dividend of CNY 3.00000000 per 10 shares (tax included) for 2021, at its AGM held on 13 May 2022. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥45.11, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 33x in the Electrical industry in China. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥48.50, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 31x in the Electrical industry in China. Valuation Update With 7 Day Price Move • May 22
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥53.55, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 30x in the Electrical industry in China. Aankondiging • May 21
Genbyte Technology Inc. Announces Final Profit Distribution on A Share for Year 2020, Payable on May 27, 2021 Genbyte Technology Inc. announces Cash dividend/10 shares (tax included) of CNY 3.00000000 on A share for year 2020, payable on May 27, 2021. Record date is May 26, 2021. Ex- date is May 27, 2021. Aankondiging • May 16
Genbyte Technology Inc. Approves Final Cash Dividend for 2020 Genbyte Technology Inc. at its annual general meeting of 2020 held on 12 May 2021, approved the final cash dividend/10 shares (tax included) of CNY 3.00000000 for 2020. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥51.19, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 31x in the Electrical industry in China. Aankondiging • Mar 17
Genbyte Technology Inc. Announces Executive Appointments Genbyte Technology Inc. in its Extraordinary General Meeting of 2021 held on 15 March 2021, approved the appointment of He Xiaoxiao and Liu Fanglan as supervisors, cumulative voting system applicable. Aankondiging • Mar 09
Genbyte Technology Inc. to Report Fiscal Year 2020 Results on Apr 20, 2021 Genbyte Technology Inc. announced that they will report fiscal year 2020 results on Apr 20, 2021 Aankondiging • Dec 30
Genbyte Technology Inc. has completed an IPO in the amount of CNY 595.95 million. Genbyte Technology Inc. has completed an IPO in the amount of CNY 595.95 million.
Security Name: A Shares
Security Type: Common Stock
Securities Offered: 27,400,000
Price\Range: CNY 21.75 
