Aankondiging • Jul 01
Tianjin Printronics Circuit Corporation to Report First Half, 2026 Results on Aug 27, 2026 Tianjin Printronics Circuit Corporation announced that they will report first half, 2026 results on Aug 27, 2026 Aankondiging • Mar 31
Tianjin Printronics Circuit Corporation to Report Q1, 2026 Results on Apr 14, 2026 Tianjin Printronics Circuit Corporation announced that they will report Q1, 2026 results on Apr 14, 2026 New Risk • Mar 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 58% 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 Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Aankondiging • Mar 26
Tianjin Printronics Circuit Corporation, Annual General Meeting, Apr 20, 2026 Tianjin Printronics Circuit Corporation, Annual General Meeting, Apr 20, 2026, at 15:00 China Standard Time. Location: No. 53, Hanghai Road, China (Tianjin) Pilot Free Trade Zone, Tianjin China New Risk • Dec 31
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 Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks 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 (1.4% net profit margin). Aankondiging • Dec 31
Tianjin Printronics Circuit Corporation to Report Fiscal Year 2025 Results on Mar 30, 2026 Tianjin Printronics Circuit Corporation announced that they will report fiscal year 2025 results on Mar 30, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.027 (vs CN¥0.052 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.027 (down from CN¥0.052 in 3Q 2024). Revenue: CN¥367.3m (up 17% from 3Q 2024). Net income: CN¥8.40m (down 18% from 3Q 2024). Profit margin: 2.3% (down from 3.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Sep 30
Tianjin Printronics Circuit Corporation to Report Q3, 2025 Results on Oct 30, 2025 Tianjin Printronics Circuit Corporation announced that they will report Q3, 2025 results on Oct 30, 2025 Aankondiging • Jul 02
Tianjin Printronics Circuit Corporation to Report First Half, 2025 Results on Aug 27, 2025 Tianjin Printronics Circuit Corporation announced that they will report first half, 2025 results on Aug 27, 2025 New Risk • May 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Reported Earnings • Apr 28
First quarter 2025 earnings released First quarter 2025 results: Revenue: CN¥297.6m (up 21% from 1Q 2024). Net income: CN¥506.8k (down 95% from 1Q 2024). Profit margin: 0.2% (down from 4.0% 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 12% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 26
Tianjin Printronics Circuit Corporation, Annual General Meeting, May 19, 2025 Tianjin Printronics Circuit Corporation, Annual General Meeting, May 19, 2025, at 15:00 China Standard Time. Location: No. 53, Hanghai Road, China (Tianjin) Pilot Free Trade Zone, Tianjin China Aankondiging • Mar 31
Tianjin Printronics Circuit Corporation to Report Q1, 2025 Results on Apr 26, 2025 Tianjin Printronics Circuit Corporation announced that they will report Q1, 2025 results on Apr 26, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (13% average weekly change). Aankondiging • Dec 31
Tianjin Printronics Circuit Corporation to Report Fiscal Year 2024 Results on Apr 26, 2025 Tianjin Printronics Circuit Corporation announced that they will report fiscal year 2024 results on Apr 26, 2025 New Risk • Nov 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 10% 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 Debt is not well covered by operating cash flow (6.4% operating cash flow to total debt). High level of non-cash earnings (50% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.052 (vs CN¥0.022 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.052 (up from CN¥0.022 in 3Q 2023). Revenue: CN¥313.3m (up 128% from 3Q 2023). Net income: CN¥10.3m (up 52% from 3Q 2023). Profit margin: 3.3% (down from 4.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Sep 30
Tianjin Printronics Circuit Corporation to Report Q3, 2024 Results on Oct 29, 2024 Tianjin Printronics Circuit Corporation 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 20% After last week's 20% share price gain to CN¥9.34, the stock trades at a trailing P/E ratio of 73.8x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 15% over the past three years. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.042 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.04. Revenue: CN¥269.5m (up 70% from 2Q 2023). Net income: CN¥10.7m (up 17% from 2Q 2023). Profit margin: 4.0% (down from 5.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Aankondiging • Jun 29
Tianjin Printronics Circuit Corporation to Report First Half, 2024 Results on Aug 28, 2024 Tianjin Printronics Circuit Corporation announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • Apr 27
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 34% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.07 in FY 2022) Full year 2023 results: EPS: CN¥0.11 (up from CN¥0.07 in FY 2022). Revenue: CN¥646.3m (up 11% from FY 2022). Net income: CN¥26.4m (up 65% from FY 2022). Profit margin: 4.1% (up from 2.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Aankondiging • Apr 17
Tianjin Printronics Circuit Corporation, Annual General Meeting, May 07, 2024 Tianjin Printronics Circuit Corporation, Annual General Meeting, May 07, 2024, at 15:00 China Standard Time. Location: No. 53, Hanghai Road, China (Tianjin) Pilot Free Trade Zone, Tianjin 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¥6.74, the stock trades at a trailing P/E ratio of 75.2x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 20% over the past three years. Aankondiging • Mar 30
Tianjin Printronics Circuit Corporation to Report Q1, 2024 Results on Apr 26, 2024 Tianjin Printronics Circuit Corporation announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥6.99, the stock trades at a trailing P/E ratio of 78x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 13% over the past three years. Aankondiging • Dec 30
Tianjin Printronics Circuit Corporation to Report Fiscal Year 2023 Results on Apr 26, 2024 Tianjin Printronics Circuit Corporation announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.029 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.022 (down from CN¥0.029 in 3Q 2022). Revenue: CN¥137.6m (flat on 3Q 2022). Net income: CN¥6.77m (down 12% from 3Q 2022). Profit margin: 4.9% (down from 5.6% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • Sep 30
Tianjin Printronics Circuit Corporation to Report Q3, 2023 Results on Oct 26, 2023 Tianjin Printronics Circuit Corporation announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.042 (vs CN¥0.027 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.042 (up from CN¥0.027 in 2Q 2022). Revenue: CN¥158.6m (up 14% from 2Q 2022). Net income: CN¥9.18m (up 50% from 2Q 2022). Profit margin: 5.8% (up from 4.4% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Aankondiging • Aug 17
Tianjin Printronics Circuit Corporation (SZSE:002134) announces an Equity Buyback for CNY 10 million worth of its shares. Tianjin Printronics Circuit Corporation (SZSE:002134) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 10 million worth of its shares. The shares will be repurchased at a price not more than CNY 16.17 per share. The shares repurchased will be used for ESOP and/or equity incentives. The program will be valid for not more than 12 months. New Risk • Jul 21
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 6.7% 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 Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Aankondiging • Jul 01
Tianjin Printronics Circuit Corporation to Report First Half, 2023 Results on Aug 23, 2023 Tianjin Printronics Circuit Corporation announced that they will report first half, 2023 results on Aug 23, 2023 Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.11 in FY 2021) Full year 2022 results: EPS: CN¥0.07 (down from CN¥0.11 in FY 2021). Revenue: CN¥580.7m (down 17% from FY 2021). Net income: CN¥16.1m (down 40% from FY 2021). Profit margin: 2.8% (down from 3.8% in FY 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 13
Tianjin Printronics Circuit Corporation (SZSE:002134) announces an Equity Buyback for CNY 8 million worth of its shares. Tianjin Printronics Circuit Corporation (SZSE:002134) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 8 million worth of its shares. The shares will be repurchased at a price not more than CNY 13.32 per share. The shares repurchased will be used for ESOP and/or equity incentives. The program will be valid for not more than 12 months. Board Change • Nov 16
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. Independent Director Qing He is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.029 (vs CN¥0.043 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.029 (down from CN¥0.043 in 3Q 2021). Revenue: CN¥137.9m (down 32% from 3Q 2021). Net income: CN¥7.68m (down 23% from 3Q 2021). Profit margin: 5.6% (up from 4.9% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥8.35, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 32x in the Electronic industry in China. Total loss to shareholders of 11% over the past three years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.027 (vs CN¥0.023 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.027. Revenue: CN¥139.6m (down 21% from 2Q 2021). Net income: CN¥6.14m (down 10.0% from 2Q 2021). Profit margin: 4.4% (up from 3.9% in 2Q 2021). The increase in margin was driven by lower expenses. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.11 (vs CN¥0.026 in FY 2020) Full year 2021 results: EPS: CN¥0.11 (up from CN¥0.026 in FY 2020). Revenue: CN¥700.1m (up 53% from FY 2020). Net income: CN¥26.9m (up 314% from FY 2020). Profit margin: 3.8% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. Independent Director Qing He is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.043 (vs CN¥0.03 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥201.4m (up 55% from 3Q 2020). Net income: CN¥9.91m (up 20% from 3Q 2020). Profit margin: 4.9% (down from 6.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS CN¥0.023 (vs CN¥0.036 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥176.0m (up 45% from 2Q 2020). Net income: CN¥6.82m (down 27% from 2Q 2020). Profit margin: 3.9% (down from 7.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 27
First quarter 2021 earnings released: EPS CN¥0.005 (vs CN¥0.003 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥138.2m (up 49% from 1Q 2020). Net income: CN¥1.26m (up 64% from 1Q 2020). Profit margin: 0.9% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 11
Full year 2020 earnings released: EPS CN¥0.03 (vs CN¥0.05 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥457.9m (up 9.5% from FY 2019). Net income: CN¥6.50m (down 49% from FY 2019). Profit margin: 1.4% (down from 3.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 18
Tianjin Printronics Circuit Corporation to Report Fiscal Year 2020 Results on Mar 18, 2021 Tianjin Printronics Circuit Corporation announced that they will report fiscal year 2020 results on Mar 18, 2021 Is New 90 Day High Low • Jan 28
New 90-day low: CN¥8.00 The company is down 8.0% from its price of CN¥8.70 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 5.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥8.39 The company is down 5.0% from its price of CN¥8.79 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: CN¥10.00 The company is up 3.0% from its price of CN¥9.71 on 09 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 2.0% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: CN¥8.56 The company is down 18% from its price of CN¥10.44 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 6.0% over the same period. Aankondiging • Oct 16
Tianjin Printronics Circuit Corporation to Report Q3, 2020 Results on Oct 20, 2020 Tianjin Printronics Circuit Corporation announced that they will report Q3, 2020 results on Oct 20, 2020 Is New 90 Day High Low • Sep 28
New 90-day low: CN¥8.69 The company is down 23% from its price of CN¥11.23 on 30 June 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 6.0% over the same period. Aankondiging • Jul 18
Tianjin Printronics Circuit Corporation to Report First Half, 2020 Results on Jul 31, 2020 Tianjin Printronics Circuit Corporation announced that they will report first half, 2020 results on Jul 31, 2020