Board Change • May 05
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Lu Li was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Mar 31
EverProX Technologies Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 EverProX Technologies Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Aankondiging • Feb 06
Ningbo Ningju Asset Management Center (Limited Partnership) cancelled the acquisition of 5.04% stake in Broadex Technologies Co., Ltd. (SZSE:300548) from Zhu Wei. Ningbo Ningju Asset Management Center (Limited Partnership) agreed to acquire 5.04% stake in Broadex Technologies Co., Ltd. (SZSE:300548) from Zhu Wei for CNY 246.21 million on October 16, 2024. A cash consideration valued at CNY 16.98 per share will be paid by Ningbo Ningju Asset Management Center (Limited Partnership). As part of the deal, Ningbo Ningju Asset Management Center (Limited Partnership) will acquire 14.5 million shares of Broadex Technologies Co., Ltd.
Ningbo Ningju Asset Management Center (Limited Partnership) cancelled the acquisition of 5.04% stake in Broadex Technologies Co., Ltd. (SZSE:300548) from Zhu Wei recently. Aankondiging • Dec 31
EverProX Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 EverProX Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 Buy Or Sell Opportunity • Dec 25
Now 21% undervalued Over the last 90 days, the stock has risen 36% to CN¥148. The fair value is estimated to be CN¥187, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 80% in the next 2 years. Aankondiging • Nov 11
EverProX Technologies Co., Ltd. (SZSE:300548) acquired an additional stake in EverPro Technologies Company Ltd. from VIA Labs, Inc. (TWSE:6756) for CNY 47.4 million. EverProX Technologies Co., Ltd. (SZSE:300548) acquired an additional stake in EverPro Technologies Company Ltd. from VIA Labs, Inc. (TWSE:6756) for CNY 47.4 million on November 11, 2025. A cash consideration of CNY 47.38 million valued at CNY 10.465007 per share will be paid by EverProX Technologies for 4,527,600 shares.
Zhenpeng Lin of Evertrust CPA Firm acted as accountant for VIA Labs, Inc.
EverProX Technologies Co., Ltd. (SZSE:300548) completed the acquisition of an additional stake in EverPro Technologies Company Ltd. from VIA Labs, Inc. (TWSE:6756) on November 11, 2025. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.28 (vs CN¥0.075 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.28 (up from CN¥0.075 in 3Q 2024). Revenue: CN¥593.7m (up 23% from 3Q 2024). Net income: CN¥81.7m (up 245% from 3Q 2024). Profit margin: 14% (up from 4.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 66% per year, which means it is well ahead of earnings. Aankondiging • Sep 30
EverProX Technologies Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 EverProX Technologies Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Sep 03
Second quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.05 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.27 (up from CN¥0.05 in 2Q 2024). Revenue: CN¥661.4m (up 51% from 2Q 2024). Net income: CN¥78.5m (up 471% from 2Q 2024). Profit margin: 12% (up from 3.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 83% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Aug 18
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 106% to CN¥99.16. The fair value is estimated to be CN¥81.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has declined by 43%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 154% in the next 2 years. Aankondiging • Jul 02
Broadex Technologies Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Broadex Technologies Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Major Estimate Revision • Jun 14
Consensus EPS estimates increase by 40% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥2.13b to CN¥2.30b. EPS estimate increased from CN¥0.65 to CN¥0.909 per share. Net income forecast to grow 77% next year vs 37% growth forecast for Communications industry in China. Consensus price target up from CN¥15.50 to CN¥63.00. Share price rose 8.5% to CN¥60.19 over the past week. Aankondiging • May 30
Broadex Technologies Co., Ltd. Approves Cash Dividend for 2024 Broadex Technologies Co., Ltd., at its AGM held on 28 May 2025 approved Cash dividend/10 shares (tax included) of CNY 0.80000000 for 2024. Aankondiging • May 07
Broadex Technologies Co., Ltd., Annual General Meeting, May 28, 2025 Broadex Technologies Co., Ltd., Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jiaxing, Zhejiang China Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CN¥0.31 (vs CN¥0 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.31 (up from CN¥0 in 1Q 2024). Revenue: CN¥538.5m (up 72% from 1Q 2024). Net income: CN¥89.7m (up CN¥89.7m from 1Q 2024). Profit margin: 17% (up from 0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Aankondiging • Mar 31
Broadex Technologies Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Broadex Technologies Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Reported Earnings • Mar 28
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.25 (down from CN¥0.30 in FY 2023). Revenue: CN¥1.75b (up 4.3% from FY 2023). Net income: CN¥72.1m (down 12% from FY 2023). Profit margin: 4.1% (down from 4.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 59%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Aankondiging • Dec 31
Broadex Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 Broadex Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.075 (vs CN¥0.072 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.075 (up from CN¥0.072 loss in 3Q 2023). Revenue: CN¥481.3m (up 164% from 3Q 2023). Net income: CN¥23.7m (up CN¥43.2m from 3Q 2023). Profit margin: 4.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. 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 7.3% 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. This is currently the only risk that has been identified for the company. Aankondiging • Sep 30
Broadex Technologies Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Broadex Technologies Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.40 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.40 in 2Q 2023). Revenue: CN¥439.2m (up 84% from 2Q 2023). Net income: CN¥13.7m (down 87% from 2Q 2023). Profit margin: 3.1% (down from 44% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Aankondiging • Jun 29
Broadex Technologies Co., Ltd. to Report First Half, 2024 Results on Aug 17, 2024 Broadex Technologies Co., Ltd. announced that they will report first half, 2024 results on Aug 17, 2024 Aankondiging • Jun 06
Broadex Technologies Co., Ltd. Announces 2023 Final Cash Dividend (A Shares), Payable on 13 June 2024 Broadex Technologies Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares). Cash dividend (tax included) of CNY 0.80000000 per 10 shares. Record date is 12 June 2024. Ex-date is 13 June 2024. Payment date is 13 June 2024. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0 (vs CN¥0.14 in 1Q 2023) First quarter 2024 results: EPS: CN¥0 (down from CN¥0.14 in 1Q 2023). Revenue: CN¥312.8m (down 21% from 1Q 2023). Net income: CN¥27.8k (down 100% from 1Q 2023). Profit margin: 0% (down from 9.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Major Estimate Revision • Apr 27
Consensus EPS estimates increase by 21% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from CN¥1.86b to CN¥2.04b. EPS estimate increased from CN¥0.612 to CN¥0.741 per share. Net income forecast to grow 161% next year vs 65% growth forecast for Communications industry in China. Consensus price target of CN¥15.50 unchanged from last update. Share price rose 10% to CN¥24.72 over the past week. Aankondiging • Mar 30
Broadex Technologies Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Broadex Technologies Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Aankondiging • Mar 23
Broadex Technologies Co., Ltd., Annual General Meeting, Apr 15, 2024 Broadex Technologies Co., Ltd., Annual General Meeting, Apr 15, 2024, at 14:30 China Standard Time. Reported Earnings • Mar 23
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.30 (down from CN¥0.74 in FY 2022). Revenue: CN¥1.68b (up 14% from FY 2022). Net income: CN¥81.5m (down 58% from FY 2022). Profit margin: 4.9% (down from 13% in FY 2022). Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) missed analyst estimates by 58%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥29.29, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥23.43, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 23x in the Communications industry in China. Total returns to shareholders of 9.5% over the past three years. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥21.77, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 23x in the Communications industry in China. Negligible returns to shareholders over past three years. Aankondiging • Jan 10
Broadex Technologies Co., Ltd. Announces Executive Appointments Broadex Technologies Co., Ltd. announced that at the Extraordinary General Meeting of 2024 on 08 January 2024 approved the election of Peter Johannes Wijnandus Marie Bongaerts, Tang Jinkuan and Luo Jie as non-independent directors and election of Tian Hong and Li Lu as independent director. Aankondiging • Dec 29
Broadex Technologies Co., Ltd. to Report Fiscal Year 2023 Results on Mar 23, 2024 Broadex Technologies Co., Ltd. announced that they will report fiscal year 2023 results on Mar 23, 2024 Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥31.88, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 26x in the Communications industry in China. Total returns to shareholders of 32% over the past three years. Price Target Changed • Oct 24
Price target decreased by 49% to CN¥17.30 Down from CN¥33.70, the current price target is provided by 1 analyst. New target price is 29% below last closing price of CN¥24.40. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.74 last year. Reported Earnings • Oct 21
Third quarter 2023 earnings released: CN¥0.072 loss per share (vs CN¥0.19 profit in 3Q 2022) Third quarter 2023 results: CN¥0.072 loss per share (down from CN¥0.19 profit in 3Q 2022). Revenue: CN¥182.4m (down 52% from 3Q 2022). Net loss: CN¥19.5m (down 139% from profit in 3Q 2022). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥27.28, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 29x in the Communications industry in China. Total loss to shareholders of 13% over the past three years. Aankondiging • Sep 30
Broadex Technologies Co., Ltd. to Report Q3, 2023 Results on Oct 20, 2023 Broadex Technologies Co., Ltd. announced that they will report Q3, 2023 results on Oct 20, 2023 Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥34.36, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 30x in the Communications industry in China. Total returns to shareholders of 13% over the past three years. Aankondiging • Sep 09
Broadex Technologies Co., Ltd. (SZSE:300548) announces an Equity Buyback for CNY 30 million worth of its shares. Broadex Technologies Co., Ltd. (SZSE:300548) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million. The shares will be repurchased at a price of not more than CNY 30 per share. The shares purchased will be used for the company's equity incentives for the core team of the company and its subsidiaries. The program will be valid for 6 months. Major Estimate Revision • Aug 24
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥1.91b to CN¥1.68b. EPS estimate fell from CN¥0.976 to CN¥0.948 per share. Net income forecast to grow 6.7% next year vs 53% growth forecast for Communications industry in China. Consensus price target down from CN¥35.10 to CN¥33.70. Share price rose 5.7% to CN¥29.44 over the past week. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.40 (vs CN¥0.15 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.40 (up from CN¥0.15 in 2Q 2022). Revenue: CN¥238.4m (down 27% from 2Q 2022). Net income: CN¥105.0m (up 172% from 2Q 2022). Profit margin: 44% (up from 12% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥30.42, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 26x in the Communications industry in China. Total loss to shareholders of 25% over the past three years. Aankondiging • Jul 01
Broadex Technologies Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Broadex Technologies Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥32.16, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 28x in the Communications industry in China. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥36.20, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 30x in the Communications industry in China. Total returns to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥31.54, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 28x in the Communications industry in China. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥26.39, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Communications industry in China. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥36.65, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 28x in the Communications industry in China. Total loss to shareholders of 5.1% over the past three years. Reported Earnings • Mar 24
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.74 (up from CN¥0.65 in FY 2021). Revenue: CN¥1.47b (up 27% from FY 2021). Net income: CN¥194.2m (up 20% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 5.5%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥28.85, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the Communications industry in China. Total loss to shareholders of 8.4% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥25.73, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 24x in the Communications industry in China. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥10.91 per share. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥22.69, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Communications industry in China. Total loss to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥10.92 per share. Price Target Changed • Nov 16
Price target increased to CN¥28.82 Up from CN¥23.81, the current price target is an average from 2 analysts. New target price is 38% above last closing price of CN¥20.91. Stock is down 4.4% over the past year. The company is forecast to post earnings per share of CN¥0.84 for next year compared to CN¥0.65 last year. Aankondiging • Nov 05
Broadex Technologies Co., Ltd. announced that it expects to receive CNY 386.54 million in funding from Yangtze Optical Fibre And Cable Joint Stock Limited Company Broadex Technologies Co., Ltd. announced that it has entered into agreement for a private placement of not more than 22,000,000 shares at a price of CNY 17.57 per share for proceeds of CNY 386,540,000 on November 3, 2022. The transaction will include participation from returning investor Yangtze Optical Fibre And Cable Joint Stock Limited Company. The transaction was approved by the board of directors of the investor at its 20th board meeting of the 5th session and subject to Shareholders, the Shenzhen Stock Exchange and the China Securities Regulatory Commission. The securities to be issued will have a hold period 36 months. The plan to issue shares to specific objects has been reviewed and approved at the 18th meeting of the 5th Supervisory Committee of the company. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥23.30, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Communications industry in China. Total returns to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.29 per share. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.16 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.19 (up from CN¥0.16 in 3Q 2021). Revenue: CN¥382.2m (up 24% from 3Q 2021). Net income: CN¥49.5m (up 18% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Price Target Changed • Aug 24
Price target increased to CN¥28.70 Up from CN¥23.81, the current price target is an average from 2 analysts. New target price is 34% above last closing price of CN¥21.41. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.89 for next year compared to CN¥0.65 last year. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.15 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.15 in 2Q 2021). Revenue: CN¥328.3m (up 16% from 2Q 2021). Net income: CN¥38.6m (up 1.6% from 2Q 2021). Profit margin: 12% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 41%, compared to a 29% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 05
Broadex Technologies Co., Ltd. Announces Director Appointments Broadex Technologies Co., Ltd. announced at the EGM held on August 3, 2022 that the company approved Election of Zhuang Dan, Zhou Lijing and Tang Jinkuan as non-independent directors. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥20.49, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the Communications industry in China. Total returns to shareholders of 74% over the past three years. Aankondiging • May 08
Broadex Technologies Co., Ltd. Approves 2021 Final Profit Distribution Plan, Payable on May 13, 2022 Broadex Technologies Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as cash dividend (tax included) is CNY 4.00000000 per ten shares. The record date is 12 May 2022, ex-date is 13 May 2022, and payment date is 13 May 2022. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: CN¥0.21. Revenue: CN¥300.1m (up 30% from 1Q 2021). Net income: CN¥35.9m (up 1.3% from 1Q 2021). Profit margin: 12% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 38%, compared to a 30% growth forecast for the industry in China. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Director Xiao Bin Zheng was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Apr 10
Broadex Technologies Co., Ltd., Annual General Meeting, Apr 28, 2022 Broadex Technologies Co., Ltd., Annual General Meeting, Apr 28, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 profit distribution plan; to consider reappointment of 2022 audit firm; and to consider other matters. Aankondiging • Apr 09
Broadex Technologies Co., Ltd. Announces Final Cash Dividend Proposal for 2021 Broadex Technologies Co., Ltd. announced profit distribution proposal for 2021. The company announced final cash dividend/10 shares (tax included) of CNY 4.00000000. Reported Earnings • Apr 08
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: CN¥0.97 (up from CN¥0.59 in FY 2020). Revenue: CN¥1.15b (up 49% from FY 2020). Net income: CN¥162.4m (up 84% from FY 2020). Profit margin: 14% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Over the next year, revenue is forecast to grow 35%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥25.32, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 26x in the Communications industry in China. Total loss to shareholders of 3.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.60 per share. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.21 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥308.7m (up 34% from 3Q 2020). Net income: CN¥41.9m (up 35% from 3Q 2020). Profit margin: 14% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.18 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥284.3m (up 37% from 2Q 2020). Net income: CN¥38.0m (up 58% from 2Q 2020). Profit margin: 13% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. 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 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥45.00, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 31x in the Communications industry in China. Total returns to shareholders of 162% over the past three years. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.017 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥231.5m (up 79% from 1Q 2020). Net income: CN¥35.5m (up CN¥32.7m from 1Q 2020). Profit margin: 15% (up from 2.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 19
Broadex Technologies Co., Ltd. Proposes No Divided for 2019 Broadex Technologies Co., Ltd. proposed dividend of CNY 0.00000000 per ten shares (tax included) for 2020 against CNY 0.5 per ten shares paid last year. Aankondiging • Mar 18
Broadex Technologies Co., Ltd., Annual General Meeting, Apr 07, 2021 Broadex Technologies Co., Ltd., Annual General Meeting, Apr 07, 2021, at 14:00 China Standard Time. Agenda: To consider the 2020 work report of the board of directors; to consider the 2020 work report of the supervisory committee; to consider the 2020 financial report; to consider the 2020 profit distribution plan; to consider the reappointment of 2021 audit firm; to consider the 2020 annual report and its summary; to consider the election and nomination of non-independent directors; and to consider the election and nomination of independent directors, non-employee supervisors. Reported Earnings • Mar 17
Full year 2020 earnings released: EPS CN¥0.59 (vs CN¥0.05 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥776.7m (up 91% from FY 2019). Net income: CN¥88.5m (up CN¥80.7m from FY 2019). Profit margin: 11% (up from 1.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Aankondiging • Feb 18
Broadex Technologies Co., Ltd. to Report Fiscal Year 2020 Results on Mar 17, 2021 Broadex Technologies Co., Ltd. announced that they will report fiscal year 2020 results on Mar 17, 2021 Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥28.52, the stock is trading at a trailing P/E ratio of 75.6x, down from the previous P/E ratio of 89.6x. This compares to an average P/E of 46x in the Communications industry in China. Total returns to shareholders over the past three years are 38%. Is New 90 Day High Low • Feb 08
New 90-day low: CN¥28.52 The company is down 43% from its price of CN¥50.08 on 10 November 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 22% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥31.84 The company is down 35% from its price of CN¥48.64 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥37.10 The company is down 23% from its price of CN¥48.40 on 11 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 Communications industry, which is down 4.0% over the same period. Is New 90 Day High Low • Nov 25
New 90-day low: CN¥42.30 The company is down 24% from its price of CN¥55.31 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 Communications industry, which is down 6.0% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: CN¥46.09 The company is down 29% from its price of CN¥64.71 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 Communications industry, which is down 15% over the same period. Aankondiging • Oct 17
Broadex Technologies Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020 Broadex Technologies Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020 Is New 90 Day High Low • Sep 30
New 90-day low: CN¥46.39 The company is down 27% from its price of CN¥63.51 on 02 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 3.0% over the same period. Aankondiging • Jul 24
Broadex Technologies Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Broadex Technologies Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020