Board Change • 11h
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent director Lian Chao Peng 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. Lack of board continuity. Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.27 in FY 2024) Full year 2025 results: EPS: CN¥0.10 (down from CN¥0.27 in FY 2024). Revenue: CN¥2.37b (up 17% from FY 2024). Net income: CN¥22.2m (down 60% from FY 2024). Profit margin: 0.9% (down from 2.8% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Aankondiging • Apr 24
Ways Electron Co.,Ltd., Annual General Meeting, May 14, 2026 Ways Electron Co.,Ltd., Annual General Meeting, May 14, 2026, at 14:00 China Standard Time. Location: 4F, No. 299, Yunque Road, Precision Machinery Industrial Park, Kunshan Development Zone, Jiangsu China Aankondiging • Mar 30
Ways Electron Co.,Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Ways Electron Co.,Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Aankondiging • Dec 26
Ways Electron Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Ways Electron Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: CN¥0.023 (vs CN¥0.057 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.023 (down from CN¥0.057 in 3Q 2024). Revenue: CN¥663.3m (up 14% from 3Q 2024). Net income: CN¥4.81m (down 60% from 3Q 2024). Profit margin: 0.7% (down from 2.1% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Aankondiging • Sep 30
Ways Electron Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Ways Electron Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Aankondiging • Jun 30
Ways Electron Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Ways Electron Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • May 05
New major risk - Revenue and earnings growth Earnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.2% per year over the past 5 years. High level of non-cash earnings (33% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.8% net profit margin). Board Change • Apr 29
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. 1 experienced director. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Dapeng Zeng is the most experienced director on the board, commencing their role in 2022. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥17.18, the stock trades at a trailing P/E ratio of 64.7x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 41% over the past three years. New Risk • Mar 30
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 207% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.5% 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: 207% Paying a dividend despite having no free cash flows. High level of non-cash earnings (23% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.8% net profit margin). Aankondiging • Mar 28
Ways Electron Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Ways Electron Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Aankondiging • Mar 17
Ways Electron Co.,Ltd., Annual General Meeting, Apr 08, 2025 Ways Electron Co.,Ltd., Annual General Meeting, Apr 08, 2025, at 14:00 China Standard Time. Location: 4F, No. 299, Yunque Road, Precision Machinery Industrial Park, Kunshan Development Zone, Jiangsu China New Risk • Jan 10
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 11% 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 (11% average weekly change). High level of non-cash earnings (31% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥21.71, the stock trades at a trailing P/E ratio of 54.8x. Average trailing P/E is 44x in the Electronic industry in China. Total returns to shareholders of 27% over the past three years. Aankondiging • Dec 27
Ways Electron Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 15, 2025 Ways Electron Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 15, 2025 Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥29.15, the stock trades at a trailing P/E ratio of 73.5x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 77% over the past three years. Aankondiging • Nov 30
Ways Electron Co.,Ltd. announced that it expects to receive CNY 480 million in funding Ways Electron Co.,Ltd. announced a private placement to issue A shares for the gross proceeds of not more than CNY 480,000,000 on November 29, 2024. The transaction will include participation from not more than 35 investors. The transaction has been approved in the fourth meeting of the third board of directors and the fourth meeting of the third board of supervisors. The effectiveness and completion of the relevant matters of this issuance and shareholding described in the plan are still subject to the approval of the company's shareholders' meeting, the review and approval of the Shanghai Stock Exchange, and the approval of the registration by the China Securities Regulatory Commission. Investors are kindly requested to pay attention to investment risks. The shares cannot be transferred within 6 months from the issuance closing date. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥28.28, the stock trades at a trailing P/E ratio of 71.3x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 82% over the past three years. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.057 (vs CN¥0.14 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.057 (down from CN¥0.14 in 3Q 2023). Revenue: CN¥580.7m (up 23% from 3Q 2023). Net income: CN¥12.1m (down 59% from 3Q 2023). Profit margin: 2.1% (down from 6.2% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 20% per year. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥19.63, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 47% over the past three years. Aankondiging • Sep 30
Ways Electron Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Ways Electron Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥21.52, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 68% over the past three years. New Risk • Sep 05
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 8.8% 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 (8.8% average weekly change). High level of non-cash earnings (36% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥20.37, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 36x in the Electronic industry in China. Total returns to shareholders of 42% over the past three years. New Risk • Jul 29
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 7.2% 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 (36% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Aankondiging • Jun 28
Ways Electron Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Ways Electron Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: CN¥0.56 (vs CN¥0.45 in FY 2022) Full year 2023 results: EPS: CN¥0.56 (up from CN¥0.45 in FY 2022). Revenue: CN¥1.57b (up 15% from FY 2022). Net income: CN¥118.0m (up 23% from FY 2022). Profit margin: 7.5% (up from 7.1% in FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Aankondiging • Apr 16
Ways Electron Co.,Ltd., Annual General Meeting, May 07, 2024 Ways Electron Co.,Ltd., Annual General Meeting, May 07, 2024, at 14:00 China Standard Time. Location: 4F, No. 299, Yunque Road, Precision Machinery Industrial Park, Kunshan Development Zone, Jiangsu China Aankondiging • Mar 29
Ways Electron Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Ways Electron Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥18.72, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥23.17, the stock trades at a trailing P/E ratio of 57.3x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥15.06, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 30x in the Electronic industry in China. Total returns to shareholders of 15% over the past three years. Aankondiging • Dec 29
Ways Electron Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 Ways Electron Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥25.29, the stock trades at a trailing P/E ratio of 62.5x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥23.08, the stock trades at a trailing P/E ratio of 57.1x. Average trailing P/E is 47x in the Electronic industry in China. Total returns to shareholders of 46% over the past three years. New Risk • Nov 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. New Risk • Nov 09
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 6.6% 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 Earnings have declined by 9.2% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥19.59, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 22% over the past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.20 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.14 (down from CN¥0.20 in 3Q 2022). Revenue: CN¥472.2m (up 13% from 3Q 2022). Net income: CN¥29.3m (down 30% from 3Q 2022). Profit margin: 6.2% (down from 10.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.14 in 2Q 2022). Revenue: CN¥364.1m (up 31% from 2Q 2022). Net income: CN¥25.5m (down 12% from 2Q 2022). Profit margin: 7.0% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Aankondiging • Jun 28
Ways Electron Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Ways Electron Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 New Risk • Jun 08
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: Major Risk Earnings have declined by 14% per year over the past 5 years. 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). Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: CN¥0.45 (vs CN¥0.25 in FY 2021) Full year 2022 results: EPS: CN¥0.45 (up from CN¥0.25 in FY 2021). Revenue: CN¥1.36b (up 13% from FY 2021). Net income: CN¥96.1m (up 84% from FY 2021). Profit margin: 7.1% (up from 4.4% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥16.12, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 3.3% over the past year. Board Change • Nov 16
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. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥15.45, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 3.0% over the past year. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.007 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.007 in 3Q 2021). Revenue: CN¥417.4m (up 46% from 3Q 2021). Net income: CN¥41.6m (up CN¥40.0m from 3Q 2021). Profit margin: 10.0% (up from 0.5% in 3Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.062 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.062 in 2Q 2021). Revenue: CN¥277.8m (flat on 2Q 2021). Net income: CN¥28.9m (up 117% from 2Q 2021). Profit margin: 10% (up from 4.7% in 2Q 2021). Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.029 (vs CN¥0.12 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.029 (down from CN¥0.12 in 1Q 2021). Revenue: CN¥328.5m (up 5.9% from 1Q 2021). Net income: CN¥6.20m (down 76% from 1Q 2021). Profit margin: 1.9% (down from 8.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥15.22, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 7.8% over the past year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.007 (vs CN¥0.12 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥285.8m (up 7.8% from 3Q 2020). Net income: CN¥1.53m (down 92% from 3Q 2020). Profit margin: 0.5% (down from 7.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.14 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥280.1m (up 14% from 2Q 2020). Net income: CN¥13.3m (down 40% from 2Q 2020). Profit margin: 4.7% (down from 9.1% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥18.00, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 41x in the Electronic industry in China. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥17.07, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 33x in the Electronic industry in China. Reported Earnings • Apr 17
First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.12 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥310.1m (up 33% from 1Q 2020). Net income: CN¥25.9m (up 37% from 1Q 2020). Profit margin: 8.3% (up from 8.1% in 1Q 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥13.88 The company is down 27% from its price of CN¥19.12 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥85.5m, down 24% from the prior year. Total revenue was CN¥1.03b over the last 12 months, down 22% from the prior year.