New Risk • 1h
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 Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 0.2% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (92% cash payout ratio). Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥32.72, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 29x in the Electronic industry in China. Total loss to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to CN¥35.28, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 32x in the Electronic industry in China. Total loss to shareholders of 25% over the past three years. Aankondiging • Jun 30
Hefei Kewell Power System Co.,Ltd. to Report First Half, 2026 Results on Aug 22, 2026 Hefei Kewell Power System Co.,Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 Declared Dividend • Jun 01
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not adequately covered by cash flows (91% cash payout ratio). The dividend has increased by an average of 15% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 24
Hefei Kewell Power System Co.,Ltd., Annual General Meeting, May 15, 2026 Hefei Kewell Power System Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China Aankondiging • Mar 30
Hefei Kewell Power System Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Hefei Kewell Power System Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 New Risk • Mar 04
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 7.5% 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 (7.5% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). New Risk • Jan 02
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 102% Cash payout ratio: 150% Dividend yield: 1.1% 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 Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Cash payout ratio: 150% Minor Risk Profit margins are more than 30% lower than last year (10% net profit margin). Aankondiging • Dec 26
Hefei Kewell Power System Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Hefei Kewell Power System Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Buy Or Sell Opportunity • Nov 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to CN¥34.89. The fair value is estimated to be CN¥43.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 88% in a year. Earnings are forecast to grow by 235% in the next year. Reported Earnings • Oct 19
Third quarter 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.12 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.25 (up from CN¥0.12 in 3Q 2024). Revenue: CN¥145.3m (up 18% from 3Q 2024). Net income: CN¥20.6m (up 110% from 3Q 2024). Profit margin: 14% (up from 7.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 55% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Aankondiging • Sep 30
Hefei Kewell Power System Co.,Ltd. to Report Q3, 2025 Results on Oct 18, 2025 Hefei Kewell Power System Co.,Ltd. announced that they will report Q3, 2025 results on Oct 18, 2025 New Risk • Sep 16
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 Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risks Dividend is not well covered by cash flows (103% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.5% net profit margin). Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.28 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.13 (down from CN¥0.28 in 2Q 2024). Revenue: CN¥117.4m (down 18% from 2Q 2024). Net income: CN¥10.6m (down 55% from 2Q 2024). Profit margin: 9.0% (down from 17% in 2Q 2024). Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat. New Risk • Aug 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 6.9% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥36.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 30x in the Electronic industry in China. Total loss to shareholders of 24% over the past three years. Aankondiging • Jun 30
Hefei Kewell Power System Co.,Ltd. to Report First Half, 2025 Results on Aug 25, 2025 Hefei Kewell Power System Co.,Ltd. announced that they will report first half, 2025 results on Aug 25, 2025 Reported Earnings • Apr 28
First quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.22 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.22 in 1Q 2024). Revenue: CN¥107.1m (down 3.6% from 1Q 2024). Net income: CN¥20.4m (up 11% from 1Q 2024). Profit margin: 19% (up from 17% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Aankondiging • Apr 26
Hefei Kewell Power System Co.,Ltd., Annual General Meeting, May 16, 2025 Hefei Kewell Power System Co.,Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China Aankondiging • Mar 28
Hefei Kewell Power System Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Hefei Kewell Power System Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 03
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.59 (down from CN¥1.45 in FY 2023). Revenue: CN¥478.3m (down 9.6% from FY 2023). Net income: CN¥49.1m (down 58% from FY 2023). Profit margin: 10% (down from 22% in FY 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 46%. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Aankondiging • Dec 27
Hefei Kewell Power System Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Hefei Kewell Power System Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.32 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.32 in 3Q 2023). Revenue: CN¥123.3m (down 8.8% from 3Q 2023). Net income: CN¥9.79m (down 61% from 3Q 2023). Profit margin: 7.9% (down from 19% in 3Q 2023). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥29.17, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 43% 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 7.6% 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 (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Aankondiging • Sep 30
Hefei Kewell Power System Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Hefei Kewell Power System Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥27.95, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥11.30 per share. Major Estimate Revision • Aug 30
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥715.4m to CN¥678.2m. EPS estimate also fell from CN¥1.99 per share to CN¥1.73 per share. Net income forecast to grow 62% next year vs 54% growth forecast for Electronic industry in China. Consensus price target down from CN¥58.00 to CN¥29.50. Share price rose 3.7% to CN¥26.39 over the past week. Aankondiging • Aug 26
Hefei Kewell Power System Co.,Ltd. (SHSE:688551) announces an Equity Buyback for CNY 30 million worth of its shares. Hefei Kewell Power System Co.,Ltd. (SHSE:688551) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its shares. The shares will be purchased at a price not exceeding CNY 42 per share. The purpose of the program is Improving Quality, Efficiency and Returns. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for 12 months. Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.34 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.28 (down from CN¥0.34 in 2Q 2023). Revenue: CN¥142.9m (up 17% from 2Q 2023). Net income: CN¥23.5m (down 16% from 2Q 2023). Profit margin: 17% (down from 23% in 2Q 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Aankondiging • Jun 28
Hefei Kewell Power System Co.,Ltd. to Report First Half, 2024 Results on Aug 26, 2024 Hefei Kewell Power System Co.,Ltd. announced that they will report first half, 2024 results on Aug 26, 2024 Reported Earnings • Apr 19
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥1.45 (up from CN¥0.78 in FY 2022). Revenue: CN¥529.0m (up 41% from FY 2022). Net income: CN¥117.1m (up 88% from FY 2022). Profit margin: 22% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 5.5%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year. Price Target Changed • Apr 18
Price target decreased by 13% to CN¥58.00 Down from CN¥66.80, the current price target is an average from 2 analysts. New target price is 33% above last closing price of CN¥43.73. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥2.02 for next year compared to CN¥1.46 last year. Aankondiging • Apr 15
Hefei Kewell Power System Co.,Ltd., Annual General Meeting, May 07, 2024 Hefei Kewell Power System Co.,Ltd., Annual General Meeting, May 07, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China Aankondiging • Mar 29
Hefei Kewell Power System Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Hefei Kewell Power System Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥58.00, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 96% over the past three years. Reported Earnings • Feb 26
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥1.46 (up from CN¥0.78 in FY 2022). Revenue: CN¥527.2m (up 41% from FY 2022). Net income: CN¥117.5m (up 89% from FY 2022). Profit margin: 22% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 5.5%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥46.50, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Electronic industry in China. Total returns to shareholders of 72% over the past three years. New Risk • Jan 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 7.9% 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 (7.9% average weekly change). High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (4.4% increase in shares outstanding). New Risk • Dec 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor 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 Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥53.53, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 36% over the past three years. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.10 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.34 (up from CN¥0.10 in 2Q 2022). Revenue: CN¥122.7m (up 31% from 2Q 2022). Net income: CN¥28.1m (up 260% from 2Q 2022). Profit margin: 23% (up from 8.3% in 2Q 2022). The increase in margin was driven by higher revenue. 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). High level of non-cash earnings (45% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Aankondiging • Jun 28
Hefei Kewell Power System Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Hefei Kewell Power System Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 15
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: CN¥0.77 (up from CN¥0.71 in FY 2021). Revenue: CN¥375.1m (up 52% from FY 2021). Net income: CN¥61.9m (up 8.7% from FY 2021). Profit margin: 17% (down from 23% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.0%. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: CN¥0.77 (vs CN¥0.71 in FY 2021) Full year 2022 results: EPS: CN¥0.77 (up from CN¥0.71 in FY 2021). Revenue: CN¥375.1m (up 52% from FY 2021). Net income: CN¥61.9m (up 8.7% from FY 2021). Profit margin: 17% (down from 23% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Board Change • Nov 16
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 not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Liangzhong Yao was the last independent director to join the board, commencing their role in 2019. 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 • Nov 03
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥47.31, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 25% over the past year. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.37 (vs CN¥0.23 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.37 (up from CN¥0.23 in 3Q 2021). Revenue: CN¥100.1m (up 42% from 3Q 2021). Net income: CN¥30.0m (up 59% from 3Q 2021). Profit margin: 30% (up from 27% in 3Q 2021). Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.22 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.22 in 2Q 2021). Revenue: CN¥93.9m (up 45% from 2Q 2021). Net income: CN¥7.79m (down 56% from 2Q 2021). Profit margin: 8.3% (down from 27% in 2Q 2021). Over the next year, revenue is forecast to grow 67%, compared to a 25% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥44.10, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 30% over the past year. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥44.91, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 40% over the past year. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥38.90, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 2.9% over the past year. Valuation Update With 7 Day Price Move • May 01
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥33.38, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Electronic industry in China. Total returns to shareholders of 20% over the past year. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.16 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.09 (down from CN¥0.16 in 1Q 2021). Revenue: CN¥59.4m (up 61% from 1Q 2021). Net income: CN¥7.47m (down 41% from 1Q 2021). Profit margin: 13% (down from 35% in 1Q 2021). Over the next year, revenue is forecast to grow 67%, compared to a 24% growth forecast for the industry in China. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: CN¥0.71 (vs CN¥0.83 in FY 2020) Full year 2021 results: EPS: CN¥0.71. Revenue: CN¥247.5m (up 52% from FY 2020). Net income: CN¥56.9m (up 5.3% from FY 2020). Profit margin: 23% (down from 33% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥50.29, the stock trades at a trailing P/E ratio of 69x. Average trailing P/E is 36x in the Electronic industry in China. Total returns to shareholders of 83% over the past year. Reported Earnings • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.73 (down from CN¥0.83 in FY 2020). Revenue: CN¥251.2m (up 55% from FY 2020). Net income: CN¥58.3m (up 7.9% from FY 2020). Profit margin: 23% (down from 33% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Reported Earnings • Oct 25
Third quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.21 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥70.3m (up 37% from 3Q 2020). Net income: CN¥18.9m (up 53% from 3Q 2020). Profit margin: 27% (up from 24% in 3Q 2020). Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.38 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¥64.7m (up 27% from 2Q 2020). Net income: CN¥17.6m (down 24% from 2Q 2020). Profit margin: 27% (down from 45% in 2Q 2020). Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥60.52, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 38x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥45.20, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 38x in the Electronic industry in China. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥32.90, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 34x in the Electronic industry in China. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.83 (vs CN¥1.03 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥162.5m (down 4.1% from FY 2019). Net income: CN¥54.0m (down 12% from FY 2019). Profit margin: 33% (down from 36% in FY 2019). Is New 90 Day High Low • Jan 29
New 90-day low: CN¥28.03 The company is down 29% from its price of CN¥39.30 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. Aankondiging • Jan 21
Hefei Kewell Power System Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 15, 2021 Hefei Kewell Power System Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 15, 2021 Is New 90 Day High Low • Jan 06
New 90-day low: CN¥33.23 The company is down 14% from its price of CN¥38.55 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. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥37.68 The company is down 21% from its price of CN¥47.62 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% 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¥49.9m, down 8.8% from the prior year. Total revenue was CN¥170.7m over the last 12 months, up 5.3% from the prior year. Aankondiging • Oct 20
Hefei Kewell Power System Co.,Ltd. to Report Q3, 2020 Results on Oct 24, 2020 Hefei Kewell Power System Co.,Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020