Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.01 loss per share (vs CN¥0.27 loss in FY 2024) Full year 2025 results: CN¥0.01 loss per share (improved from CN¥0.27 loss in FY 2024). Revenue: CN¥1.53b (up 28% from FY 2024). Net loss: CN¥31.6m (loss narrowed 95% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Aankondiging • Apr 29
Jiangxi Firstar Panel Technology Co.,Ltd., Annual General Meeting, May 19, 2026 Jiangxi Firstar Panel Technology Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 2F, No. 3505, Jianan Avenue, Sanjia Subdistrict, Taizhou Bay New District, Taizhou, Zhejiang China Aankondiging • Mar 31
Jiangxi Firstar Panel Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Aankondiging • Dec 31
Jiangxi Firstar Panel Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.002 (vs CN¥0.042 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.002 (up from CN¥0.042 loss in 3Q 2024). Revenue: CN¥506.3m (up 18% from 3Q 2024). Net income: CN¥3.70m (up CN¥53.5m from 3Q 2024). Profit margin: 0.7% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
Jiangxi Firstar Panel Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Aankondiging • Jul 02
Jiangxi Firstar Panel Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Reported Earnings • Apr 25
First quarter 2025 earnings released: CN¥0.003 loss per share (vs CN¥0.01 loss in 1Q 2024) First quarter 2025 results: CN¥0.003 loss per share (improved from CN¥0.01 loss in 1Q 2024). Revenue: CN¥328.1m (up 68% from 1Q 2024). Net loss: CN¥7.28m (loss narrowed 75% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 25
Jiangxi Firstar Panel Technology Co.,Ltd., Annual General Meeting, May 20, 2025 Jiangxi Firstar Panel Technology Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: 2F, No. 3505, Jianan Avenue, Taizhou Bay New Area, Taizhou, Zhejiang China Aankondiging • Mar 31
Jiangxi Firstar Panel Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Aankondiging • Feb 25
Taizhou Hongliang Enterprise Management Consulting Co., Ltd. agreed to acquire Jiangxi Yihong Electronic Technology Co., Ltd. from Jiangxi Firstar Panel Technology Co.,Ltd. (SZSE:300256) for CNY 1. Taizhou Hongliang Enterprise Management Consulting Co., Ltd. agreed to acquire Jiangxi Yihong Electronic Technology Co., Ltd. from Jiangxi Firstar Panel Technology Co.,Ltd. (SZSE:300256) for CNY 1 on February 22, 2025. A cash consideration of CNY 1 will be paid by Taizhou Hongliang Enterprise Management Consulting Co., Ltd. As part of consideration, CNY 1 is paid towards common equity of Jiangxi Yihong Electronic Technology Co., Ltd.
As of January 31, 2025, Jiangxi Yihong Electronic Technology Co., Ltd. reported total assets of CNY 0.03 million and net liabilities of CNY 102.61 million.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. 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 (14% average weekly change). Aankondiging • Dec 31
Jiangxi Firstar Panel Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: CN¥0.042 loss per share (vs CN¥0.022 loss in 3Q 2023) Third quarter 2024 results: CN¥0.042 loss per share. Revenue: CN¥430.5m (up 20% from 3Q 2023). Net loss: CN¥49.8m (loss narrowed 12% from 3Q 2023). Aankondiging • Sep 30
Jiangxi Firstar Panel Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.021 loss per share (vs CN¥0.052 loss in 2Q 2023) Second quarter 2024 results: CN¥0.021 loss per share (improved from CN¥0.052 loss in 2Q 2023). Revenue: CN¥232.7m (up 26% from 2Q 2023). Net loss: CN¥48.5m (loss narrowed 55% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 74% to CN¥3.60. The fair value is estimated to be CN¥2.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 79% over the last 3 years. Meanwhile, the company became loss making. New Risk • Aug 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 8.2% 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. This is currently the only risk that has been identified for the company. Aankondiging • Jun 29
Jiangxi Firstar Panel Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Buy Or Sell Opportunity • May 13
Now 20% undervalued Over the last 90 days, the stock has risen 4.7% to CN¥2.00. The fair value is estimated to be CN¥2.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 79% over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Apr 28
Jiangxi Firstar Panel Technology Co.,Ltd., Annual General Meeting, May 16, 2024 Jiangxi Firstar Panel Technology Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts; to consider 2023 profit distribution plan; to consider 2023 annual report and its summary; to consider 2024 estimated continuing connected transactions; to consider 2024 application for financing quota; to consider determination of 2023 remuneration for directors and 2024 remuneration plan; to consider unrecovered losses account for one-third of the paid-in capital; to consider 2024 estimated continuing connected transactions; to consider 2024 application for financing quota; to consider 2024 estimated guarantee quota for subsidiaries; to consider Change of the Company's domicile and amendments to the Company's articles of association. Reported Earnings • Apr 26
First quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.01 loss per share (improved from CN¥0.03 loss in 1Q 2023). Revenue: CN¥195.0m (up 28% from 1Q 2023). Net loss: CN¥29.3m (loss narrowed 60% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Aankondiging • Mar 30
Jiangxi Firstar Panel Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Aankondiging • Dec 30
Jiangxi Firstar Panel Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.022 loss per share (vs CN¥0.20 profit in 3Q 2022) Third quarter 2023 results: CN¥0.022 loss per share (down from CN¥0.20 profit in 3Q 2022). Revenue: CN¥358.8m (up 91% from 3Q 2022). Net loss: CN¥56.5m (down 106% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Aankondiging • Sep 30
Jiangxi Firstar Panel Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Jiangxi Firstar Panel Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.052 loss per share (vs CN¥0.068 loss in 2Q 2022) Second quarter 2023 results: CN¥0.052 loss per share. Revenue: CN¥184.7m (up 8.2% from 2Q 2022). Net loss: CN¥106.6m (loss widened 51% from 2Q 2022). Aankondiging • Dec 28
Jiangxi Firstar Panel Technology Co.,Ltd. Approves Election of Directors and Non-Employee Supervisors Jiangxi Firstar Panel Technology Co.,Ltd. at its 3rd Extraordinary General Meeting of 2022 held on 26 December 2022, approved election of directors and non-employee supervisors: Election of non-independent directors, cumulative voting system applicable: Ying Guangjie; Luo Hualie; Deng Guoyin; and Luo Dayi. Election of independent directors, cumulative voting system applicable: Gu Guoqiang; Zhao Yanchun; and Jiang Feng. Election of non-employee supervisors, cumulative voting system applicable: Zuo Peng and Lai Jinjin. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Xiaoling Chen was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.21 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.21 loss in 3Q 2021). Revenue: CN¥188.2m (down 64% from 3Q 2021). Net income: CN¥980.3m (up CN¥1.18b from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: CN¥0.068 loss per share (vs CN¥1.53 loss in 2Q 2021) Second quarter 2022 results: CN¥0.068 loss per share (up from CN¥1.53 loss in 2Q 2021). Revenue: CN¥170.8m (up 111% from 2Q 2021). Net loss: CN¥70.8m (loss narrowed 95% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 28
First quarter 2022 earnings released: CN¥0.04 loss per share (vs CN¥0.04 profit in 1Q 2021) First quarter 2022 results: CN¥0.04 loss per share (down from CN¥0.04 profit in 1Q 2021). Revenue: CN¥117.8m (down 94% from 1Q 2021). Net loss: CN¥35.1m (down 187% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Non Independent Director Liang Zhao is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥3.03, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorated over the past week After last week's 23% share price decline to CN¥4.15, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 12% over the past three years. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.05 in 1Q 2020) The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥2.04b (up 90% from 1Q 2020). Net income: CN¥40.5m (down 11% from 1Q 2020). Profit margin: 2.0% (down from 4.2% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥5.04, the stock is trading at a trailing P/E ratio of 16x, down from the previous P/E ratio of 19.1x. This compares to an average P/E of 38x in the Electronic industry in China. Total returns to shareholders over the past three years are 31%. Is New 90 Day High Low • Jan 27
New 90-day low: CN¥5.58 The company is down 29% from its price of CN¥7.81 on 29 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. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥5.96 The company is down 17% from its price of CN¥7.18 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. Aankondiging • Dec 23
Zhejiang Firstar Panel Technology Co., Ltd. Appoints Chen Xiaoling as A Non-Independent Director Zhejiang Firstar Panel Technology Co., Ltd. at its EGM held on 18 December 2020 approved election of Chen Xiaoling as a non-independent director. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥6.67 The company is down 20% from its price of CN¥8.35 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. Is New 90 Day High Low • Nov 25
New 90-day low: CN¥7.17 The company is down 15% from its price of CN¥8.40 on 27 August 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period. Aankondiging • Aug 13
Zhejiang Firstar Panel Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Zhejiang Firstar Panel Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020