New Risk • Apr 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 Risk Earnings have declined by 67% 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 • Mar 31
Beijing Beetech Inc. to Report Q1, 2026 Results on Apr 22, 2026 Beijing Beetech Inc. announced that they will report Q1, 2026 results on Apr 22, 2026 Aankondiging • Dec 31
Beijing Beetech Inc. to Report Fiscal Year 2025 Results on Apr 22, 2026 Beijing Beetech Inc. announced that they will report fiscal year 2025 results on Apr 22, 2026 New Risk • Dec 04
New major risk - Revenue and earnings growth Earnings have declined by 67% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 27
Third quarter 2025 earnings released: CN¥0.009 loss per share (vs CN¥0.062 loss in 3Q 2024) Third quarter 2025 results: CN¥0.009 loss per share (improved from CN¥0.062 loss in 3Q 2024). Revenue: CN¥159.5m (down 3.3% from 3Q 2024). Net loss: CN¥1.97m (loss narrowed 69% from 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
Beijing Beetech Inc. to Report Q3, 2025 Results on Oct 27, 2025 Beijing Beetech Inc. announced that they will report Q3, 2025 results on Oct 27, 2025 Aankondiging • Jul 02
Beijing Beetech Inc. to Report First Half, 2025 Results on Aug 29, 2025 Beijing Beetech Inc. announced that they will report first half, 2025 results on Aug 29, 2025 Aankondiging • Apr 28
Beijing Beetech Inc., Annual General Meeting, May 19, 2025 Beijing Beetech Inc., Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China New Risk • Apr 22
New major risk - Revenue and earnings growth Earnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (125% payout ratio). Share price has been volatile over the past 3 months (9.2% average weekly change). New Risk • Apr 07
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 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Dividend is not well covered by earnings (125% payout ratio). Aankondiging • Mar 31
Beijing Beetech Inc. to Report Q1, 2025 Results on Apr 28, 2025 Beijing Beetech Inc. announced that they will report Q1, 2025 results on Apr 28, 2025 Aankondiging • Dec 31
Beijing Beetech Inc. to Report Fiscal Year 2024 Results on Apr 28, 2025 Beijing Beetech Inc. announced that they will report fiscal year 2024 results on Apr 28, 2025 New Risk • Dec 20
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 13% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.062 loss per share (vs CN¥0.005 profit in 3Q 2023) Third quarter 2024 results: CN¥0.062 loss per share (down from CN¥0.005 profit in 3Q 2023). Revenue: CN¥164.9m (up 4.0% from 3Q 2023). Net loss: CN¥6.31m (down CN¥7.29m from profit in 3Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 30
Beijing Beetech Inc. to Report Q3, 2024 Results on Oct 29, 2024 Beijing Beetech Inc. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.018 (vs CN¥0 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.018 (up from CN¥0 in 2Q 2023). Revenue: CN¥196.6m (flat on 2Q 2023). Net income: CN¥6.09m (up CN¥6.11m from 2Q 2023). Profit margin: 3.1% (up from 0% in 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Aankondiging • Jun 29
Beijing Beetech Inc. to Report First Half, 2024 Results on Aug 29, 2024 Beijing Beetech Inc. announced that they will report first half, 2024 results on Aug 29, 2024 New Risk • May 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% 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: Minor Risks Dividend is not well covered by earnings (112% payout ratio). Share price has been volatile over the past 3 months (9.3% average weekly change). Large one-off items impacting financial results. Declared Dividend • May 18
Dividend of CN¥0.10 announced Shareholders will receive a dividend of CN¥0.10. Ex-date: 23rd May 2024 Payment date: 23rd May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 14% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 233% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Apr 24
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 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Apr 22
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.17 (up from CN¥0.02 in FY 2022). Revenue: CN¥893.8m (up 24% from FY 2022). Net income: CN¥36.3m (up CN¥32.3m from FY 2022). Profit margin: 4.1% (up from 0.6% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 30
Beijing Beetech Inc. to Report Q1, 2024 Results on Apr 29, 2024 Beijing Beetech Inc. announced that they will report Q1, 2024 results on Apr 29, 2024 Board Change • Jan 22
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Mingjie Jiang was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 29
Beijing Beetech Inc. to Report Fiscal Year 2023 Results on Apr 22, 2024 Beijing Beetech Inc. announced that they will report fiscal year 2023 results on Apr 22, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.005 (vs CN¥0.001 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.005 (up from CN¥0.001 in 3Q 2022). Revenue: CN¥158.6m (down 9.3% from 3Q 2022). Net income: CN¥977.4k (up 247% from 3Q 2022). Profit margin: 0.6% (up from 0.2% in 3Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Aankondiging • Sep 29
Beijing Beetech Inc. Approves Executive Changes Beijing Beetech Inc. at its 2nd Extraordinary General Meeting of 2023 on 27 September 2023 approved the election of Dai Xiaoning, Jiang Mingjie and He Zhengda as non-independent directors. company also approved the election of independent directors Yu Huabing, Cui Qilong and Fan Jinsheng. Company approved Election and nomination of non-employee supervisors, Tao Kefei and Fu Yajing. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0 (vs CN¥0.05 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0 (down from CN¥0.05 in 2Q 2022). Revenue: CN¥197.8m (up 11% from 2Q 2022). Net loss: CN¥22.9k (down 100% from profit in 2Q 2022). Profit margin: 0% (down from 5.2% in 2Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Aankondiging • May 06
Beijing Beetech Inc. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on 12 May 2023 Beijing Beetech Inc. announced final cash dividend of CNY 1.00000000 per 10 shares (tax included) on A Shares for the year 2022. Record date: 11 May 2023, Ex-date: 12 May 2023 and Payment date: 12 May 2023. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥19.04, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 6.6% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Xin Wang was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.11 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.001 (down from CN¥0.11 in 3Q 2021). Revenue: CN¥175.0m (down 19% from 3Q 2021). Net income: CN¥282.0k (down 99% from 3Q 2021). Profit margin: 0.2% (down from 10% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥14.98, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 31% over the past three years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.013 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.05 (up from CN¥0.013 in 2Q 2021). Revenue: CN¥177.6m (flat on 2Q 2021). Net income: CN¥9.26m (up 234% from 2Q 2021). Profit margin: 5.2% (up from 1.6% in 2Q 2021). Over the next year, revenue is forecast to grow 36%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥18.14, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 1.7% over the past three years. Aankondiging • May 20
Beijing Beetech Inc. Approves 2021 Profit Distribution Plan, Payable on May 25, 2022 Beijing Beetech Inc. approved 2021 profit distribution plan at the Annual General Meeting held on May 16, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 2.00000000. Record date: 24 May 2022, Ex-date: 25 May 2022 and Payment date: 25 May 2022. Aankondiging • Apr 27
Beijing Beetech Inc. Proposes Cash Dividend for 2021 Beijing Beetech Inc. proposed cash dividend of CNY 2.00000000 (tax included) per 10 shares for 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.04 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.05 (up from CN¥0.04 in 1Q 2021). Revenue: CN¥160.3m (up 1.0% from 1Q 2021). Net income: CN¥10.4m (up 42% from 1Q 2021). Profit margin: 6.5% (up from 4.6% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥16.71, the stock trades at a trailing P/E ratio of 50.7x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.07 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥215.6m (up 13% from 3Q 2020). Net income: CN¥22.4m (up 97% from 3Q 2020). Profit margin: 10% (up from 6.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS CN¥0.013 (vs CN¥0.12 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: CN¥178.8m (flat on 2Q 2020). Net income: CN¥2.78m (down 76% from 2Q 2020). Profit margin: 1.6% (down from 6.5% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥26.45, the stock trades at a trailing P/E ratio of 78.1x. Average trailing P/E is 40x in the Electronic industry in China. Total returns to shareholders of 53% over the past three years. Aankondiging • May 28
Beijing Beetech Inc. Announces 2020 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 03 June 2021 Beijing Beetech Inc. announced 2020 final profit distribution plan to be implemented (A shares) of CNY 1.00000000 per 10 shares (tax included), with Record date: 02 June 2021; Ex-date: 03 June 2021; and Payment date: 03 June 2021. Aankondiging • May 25
Beijing Beetech Inc. Approves Final Dividend for 2020 Beijing Beetech Inc. announced at the AGM held on May 21, 2021 that the company approved final dividend of CNY 1.00000000 per 10 shares (tax included) for 2020. Aankondiging • Apr 29
Beijing Beetech Inc. Announces Final Dividend Proposal for 2020 Beijing Beetech Inc. announced final dividend proposal of CNY 1.00000000 per 10 shares (tax included) for 2020. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.033 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥158.6m (up 7.3% from 1Q 2020). Net income: CN¥7.34m (up CN¥13.3m from 1Q 2020). Profit margin: 4.6% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 9% per year. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥22.96 The company is down 12% from its price of CN¥26.01 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥23.76 The company is down 9.0% from its price of CN¥26.09 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period. Is New 90 Day High Low • Nov 06
New 90-day high: CN¥31.10 The company is up 41% from its price of CN¥22.03 on 07 August 2020. The Chinese market is down 1.0% 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. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥38.6m, down 19% from the prior year. Total revenue was CN¥728.4m over the last 12 months, up 158% from the prior year. Is New 90 Day High Low • Oct 20
New 90-day high: CN¥29.46 The company is up 23% from its price of CN¥23.90 on 22 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period. Aankondiging • Sep 19
Beijing Beetech Inc. Announces Management Changes Beijing Beetech Inc. in its Extraordinary General Meeting of 2020 held on 17 September 2020, approved election and nomination of Dai Xiaoning, Gong Daoyong, Tang Zhibin, Ju Yingran, Xu Feng and Ding Liangcheng as non-independent directors, election and nomination of Wang Xin, Yu Huabing and Cui Qilong as independent directors and election and nomination of Tao Kefei and Chen Demin as non-employee supervisors, cumulative voting system applicable. Aankondiging • Aug 11
Beijing Beetech Inc. to Report First Half, 2020 Results on Aug 27, 2020 Beijing Beetech Inc. announced that they will report first half, 2020 results on Aug 27, 2020