Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥37.01, the stock trades at a trailing P/E ratio of 76.8x. Average trailing P/E is 73x in the Electronic industry in China. Total returns to shareholders of 20% over the past three years. Aankondiging • Jun 30
Shanghai Smart Control Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Shanghai Smart Control Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Declared Dividend • May 30
Dividend reduced to CN¥0.30 Dividend of CN¥0.30 is 0.6% lower than last year. Ex-date: 4th June 2026 Payment date: 4th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (72% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 19% to shift the payout ratio to a potentially unsustainable range, which is less than the 22% EPS decline seen over the last 5 years. New Risk • Apr 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 7.9% 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 Earnings have declined by 44% 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 (7.9% average weekly change). New Risk • Apr 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% 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 50% 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. Large one-off items impacting financial results. Aankondiging • Apr 28
Shanghai Smart Control Co., Ltd., Annual General Meeting, May 20, 2026 Shanghai Smart Control Co., Ltd., Annual General Meeting, May 20, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Shanghai China Aankondiging • Mar 31
Shanghai Smart Control Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shanghai Smart Control Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Dec 31
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 52% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Aankondiging • Dec 31
Shanghai Smart Control Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Shanghai Smart Control Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 New Risk • Nov 17
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: Major Risk Earnings have declined by 52% 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 (7.5% average weekly change). Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.039 loss per share (vs CN¥0.11 loss in 3Q 2024) Third quarter 2025 results: CN¥0.039 loss per share (improved from CN¥0.11 loss in 3Q 2024). Revenue: CN¥102.4m (up 35% from 3Q 2024). Net loss: CN¥3.97m (loss narrowed 73% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Aankondiging • Sep 30
Shanghai Smart Control Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shanghai Smart Control Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Aankondiging • Jul 02
Shanghai Smart Control Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Shanghai Smart Control Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Reported Earnings • Apr 29
Full year 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.09 loss in FY 2023) Full year 2024 results: EPS: CN¥0.17 (up from CN¥0.09 loss in FY 2023). Revenue: CN¥778.8m (up 95% from FY 2023). Net income: CN¥17.4m (up CN¥27.0m from FY 2023). Profit margin: 2.2% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 29
Shanghai Smart Control Co., Ltd., Annual General Meeting, May 21, 2025 Shanghai Smart Control Co., Ltd., Annual General Meeting, May 21, 2025, at 13:30 China Standard Time. Location: The Company's Meeting Room, Shanghai China Aankondiging • Apr 15
Shanghai Smart Control Co., Ltd. (SZSE:001266) announces an Equity Buyback for CNY 40 million worth of its shares. Shanghai Smart Control Co., Ltd. (SZSE:001266) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The shares will be repurchased at no more than CNY 36.53 per share. The shares repurchased will be used for the implementation of employee stock ownership plans or equity incentive plans. The program will be funded using the company's self-raised funds and special loan funds. The program is subject to shareholders approval. The program is valid for 12 months. Aankondiging • Mar 31
Shanghai Smart Control Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shanghai Smart Control Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Aankondiging • Dec 31
Shanghai Smart Control Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Shanghai Smart Control Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.055 loss in 3Q 2023) Third quarter 2024 results: CN¥0.11 loss per share (further deteriorated from CN¥0.055 loss in 3Q 2023). Revenue: CN¥75.6m (up 3.0% from 3Q 2023). Net loss: CN¥14.4m (loss widened 165% from 3Q 2023). Aankondiging • Sep 30
Shanghai Smart Control Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Shanghai Smart Control Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.086 (vs CN¥0.079 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.086. Revenue: CN¥262.9m (up 149% from 2Q 2023). Net income: CN¥6.21m (down 30% from 2Q 2023). Profit margin: 2.4% (down from 8.4% in 2Q 2023). New Risk • Aug 09
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 9.0% 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 (9.0% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 40% per year over the past 5 years. New Risk • Jul 02
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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 40% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Aankondiging • Jun 29
Shanghai Smart Control Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Shanghai Smart Control Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Aankondiging • May 26
Shanghai Smart Control Co., Ltd. Approves Cash Dividend for 2023 Shanghai Smart Control Co., Ltd. announced that at the AGM held on 23 May 2024 approved Cash dividend/10 shares (tax included) of CNY 2.00000000 for 2023. New Risk • May 17
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 Risks Earnings have declined by 2.9% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.5% net profit margin). Aankondiging • Apr 30
Shanghai Smart Control Co., Ltd., Annual General Meeting, May 23, 2024 Shanghai Smart Control Co., Ltd., Annual General Meeting, May 23, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Shanghai China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥20.62, the stock trades at a trailing P/E ratio of 69x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 21% over the past year. Aankondiging • Mar 30
Shanghai Smart Control Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Shanghai Smart Control Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Aankondiging • Feb 28
Shanghai Smart Control Co., Ltd. Announces Management Changes Shanghai Smart Control Co., Ltd. at its Extraordinary General Meeting of 2024 on 23 February 2024 approved Election of Wang Qiuxia and Zhu Guidi as non-independent director, Gu Qijun, Yuan Zhenfu, and Zhu Xifengas independent directors and Zhang Yi, Cui Wei as non-employee supervisors. Aankondiging • Dec 30
Shanghai Smart Control Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Shanghai Smart Control Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.055 loss per share (vs CN¥0.21 profit in 3Q 2022) Third quarter 2023 results: CN¥0.055 loss per share (down from CN¥0.21 profit in 3Q 2022). Revenue: CN¥73.3m (down 15% from 3Q 2022). Net loss: CN¥5.45m (down 126% from profit in 3Q 2022). Aankondiging • Sep 30
Shanghai Smart Control Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Shanghai Smart Control Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥29.95, the stock trades at a trailing P/E ratio of 54.3x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 6.1% over the past year. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.079 (vs CN¥0.037 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.079 (up from CN¥0.037 loss in 2Q 2022). Revenue: CN¥105.5m (up 43% from 2Q 2022). Net income: CN¥8.89m (up CN¥13.0m from 2Q 2022). Profit margin: 8.4% (up from net loss in 2Q 2022). Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥27.03, the stock trades at a trailing P/E ratio of 63x. Average trailing P/E is 45x in the Electronic industry in China. Total loss to shareholders of 21% over the past year. New Risk • Jul 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 7.0% 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: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Aankondiging • Jun 06
Shanghai Smart Control Co., Ltd. Announces Cash Dividend on A Shares for 2022, Payable on June 9, 2023 Shanghai Smart Control Co., Ltd. announced Cash dividend/10 shares (tax included)of CNY 2.00000000 on A shares for 2022, payable on June 9, 2023. Record date: June 8, 2023. Ex-date: June 9, 2023. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.21 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.06 (down from CN¥0.21 in 1Q 2022). Revenue: CN¥112.9m (down 6.5% from 1Q 2022). Net income: CN¥5.87m (down 73% from 1Q 2022). Profit margin: 5.2% (down from 18% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥33.68, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 38x in the Electronic industry in China. Board Change • Nov 16
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. 3 experienced directors. No highly experienced directors. No independent directors (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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2022 earnings released Third quarter 2022 results: EPS: CN¥0.21. Net income: CN¥20.7m (up CN¥20.7m from 3Q 2021). Aankondiging • Jul 09
Shanghai Smart Control Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on July 14, 2022 Shanghai Smart Control Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares), payable on July 14, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 6.00000000. The record date is July 13, 2022 and the ex-date is July 14, 2022. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥44.94, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 34x in the Electronic industry in China. Aankondiging • Jun 17
Shanghai Smart Control Co., Ltd. Approves Cash Dividend for the Year 2021 Shanghai Smart Control Co., Ltd. announced that at its Annual General Meeting held on 15 June 2022, approved cash dividend/10 shares (tax included) of CNY 6.00000000 for the year 2021. Aankondiging • May 25
Shanghai Smart Control Co., Ltd., Annual General Meeting, Jun 15, 2022 Shanghai Smart Control Co., Ltd., Annual General Meeting, Jun 15, 2022, at 13:30 China Standard Time. Agenda: To consider and take on record the 2021 work report of the board of directors, 2021 annual accounts; to consider change of the Company's registered capital, type of business entity and business scope, amendments to the articles of association and handling of the industrial and commercial registration amendment; to consider 2021 profit distribution plan; to consider amendments to the Company's articles of association and handling of the industrial and commercial registration amendment; to consider 2022 remuneration for directors, supervisors and senior management, 2021 work report of the supervisory committee; and to consider such other matters. Aankondiging • May 24
Shanghai Smart Control Co., Ltd. Proposes Final Cash Dividend for 2021 Shanghai Smart Control Co., Ltd. proposed final Cash dividend of CNY6.00000000 per 10 shares (tax included) for 2021. Buying Opportunity • Apr 28
Now 23% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥40.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 60% over the last year. Earnings per share has grown by 44%. 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. 3 experienced directors. No highly experienced directors. No independent directors (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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥42.44, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 35x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥48.46, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 37x in the Electronic industry in China.