New Risk • Jul 10
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 9.0% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Profit margins are more than 30% lower than last year (4.9% net profit margin). Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥37.43, the stock trades at a trailing P/E ratio of 79.4x. Average trailing P/E is 72x in the Tech industry in China. Total returns to shareholders of 11% over the past three years. Aankondiging • Jun 30
Suzhou Longway Eletronic Machinery Co., Ltd to Report First Half, 2026 Results on Aug 24, 2026 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report first half, 2026 results on Aug 24, 2026 Declared Dividend • May 27
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 1.1%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is not covered by earnings (106% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 18% to bring the payout ratio under control. However, EPS has declined by 3.7% over the last 5 years so the company would need to reverse this trend. New Risk • May 25
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 106% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Paying a dividend despite having no free cash flows. High level of non-cash earnings (23% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (4.9% net profit margin). New Risk • May 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% 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 Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.9% net profit margin). New Risk • May 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Paying a dividend despite having no free cash flows. Aankondiging • Apr 28
Suzhou Longway Eletronic Machinery Co., Ltd, Annual General Meeting, May 19, 2026 Suzhou Longway Eletronic Machinery Co., Ltd, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Aankondiging • Mar 31
Suzhou Longway Eletronic Machinery Co., Ltd to Report Q1, 2026 Results on Apr 28, 2026 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥34.82, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 69x in the Tech industry in China. Total loss to shareholders of 23% over the past year. Aankondiging • Dec 31
Suzhou Longway Eletronic Machinery Co., Ltd to Report Fiscal Year 2025 Results on Apr 28, 2026 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.089 (vs CN¥0.13 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.089 (down from CN¥0.13 in 3Q 2024). Revenue: CN¥299.0m (down 12% from 3Q 2024). Net income: CN¥12.0m (down 33% from 3Q 2024). Profit margin: 4.0% (down from 5.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Aankondiging • Sep 30
Suzhou Longway Eletronic Machinery Co., Ltd to Report Q3, 2025 Results on Oct 29, 2025 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report Q3, 2025 results on Oct 29, 2025 Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥45.80, the stock trades at a trailing P/E ratio of 61.3x. Average trailing P/E is 90x in the Tech industry in China. Total returns to shareholders of 83% over the past year. Aankondiging • Aug 30
Suzhou Longway Eletronic Machinery Co., Ltd Proposes Interim Profit Distribution Plan for 2025 Suzhou Longway Eletronic Machinery Co. Ltd. proposed to its 3rd EGM of 2025 to be held on 15 September 2025 to consider the interim profit distribution plan for 2025: Cash dividend/10 shares (tax included) of CNY 3.00000000. Aankondiging • Jul 02
Suzhou Longway Eletronic Machinery Co., Ltd to Report First Half, 2025 Results on Aug 29, 2025 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • May 23
Dividend increased to CN¥0.30 Dividend of CN¥0.30 is 50% higher than last year. Ex-date: 27th May 2025 Payment date: 27th May 2025 Dividend yield will be 1.1%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 8.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.07 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.15 (up from CN¥0.07 in 1Q 2024). Revenue: CN¥249.6m (up 21% from 1Q 2024). Net income: CN¥20.4m (up 110% from 1Q 2024). Profit margin: 8.2% (up from 4.7% in 1Q 2024). The increase in margin was driven by higher revenue. Aankondiging • Apr 25
Suzhou Longway Eletronic Machinery Co., Ltd, Annual General Meeting, May 15, 2025 Suzhou Longway Eletronic Machinery Co., Ltd, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: No. 70, Wulingqiao Road, Xiangcheng District, Suzhou, Jiangsu China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥33.60, the stock trades at a trailing P/E ratio of 61.9x. Average trailing P/E is 69x in the Tech industry in China. Total returns to shareholders of 8.9% over the past year. Aankondiging • Mar 31
Suzhou Longway Eletronic Machinery Co., Ltd to Report Q1, 2025 Results on Apr 25, 2025 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥40.11, the stock trades at a trailing P/E ratio of 73.9x. Average trailing P/E is 53x in the Tech industry in China. Total returns to shareholders of 56% over the past year. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to CN¥35.67, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 51x in the Tech industry in China. Total returns to shareholders of 21% over the past year. Aankondiging • Dec 31
Suzhou Longway Eletronic Machinery Co., Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.091 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.091 in 3Q 2023). Revenue: CN¥341.1m (up 51% from 3Q 2023). Net income: CN¥17.9m (up 44% from 3Q 2023). Profit margin: 5.3% (down from 5.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Aankondiging • Oct 22
Suzhou Longway Eletronic Machinery Co., Ltd Approves Board and Supervisor Election Suzhou Longway Eletronic Machinery Co. Ltd. at its EGM held on October 18, 2024 approved election of Qian Kun and Dong Haochun as independent directors and Chen Yiming and Zai Chenying as non-employee supervisor. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥32.03, the stock trades at a trailing P/E ratio of 63.8x. Average trailing P/E is 40x in the Tech industry in China. Total loss to shareholders of 4.2% over the past year. Aankondiging • Sep 30
Suzhou Longway Eletronic Machinery Co., Ltd to Report Q3, 2024 Results on Oct 30, 2024 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (235% cash payout ratio). Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥31.37, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 34x in the Tech industry in China. Total loss to shareholders of 9.8% over the past year. Aankondiging • Jun 29
Suzhou Longway Eletronic Machinery Co., Ltd to Report First Half, 2024 Results on Aug 30, 2024 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report first half, 2024 results on Aug 30, 2024 Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥30.10, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 39x in the Tech industry in China. Aankondiging • Apr 25
Suzhou Longway Eletronic Machinery Co., Ltd, Annual General Meeting, May 14, 2024 Suzhou Longway Eletronic Machinery Co., Ltd, Annual General Meeting, May 14, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.07 (in line with 1Q 2023). Revenue: CN¥205.5m (up 32% from 1Q 2023). Net income: CN¥9.69m (up 28% from 1Q 2023). Profit margin: 4.7% (down from 4.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥26.84, the stock trades at a trailing P/E ratio of 52.8x. Average trailing P/E is 44x in the Tech industry in China. Aankondiging • Mar 30
Suzhou Longway Eletronic Machinery Co., Ltd to Report Q1, 2024 Results on Apr 24, 2024 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report Q1, 2024 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥35.00, the stock trades at a trailing P/E ratio of 68.8x. Average trailing P/E is 51x in the Tech industry in China. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥28.21, the stock trades at a trailing P/E ratio of 55.5x. Average trailing P/E is 52x in the Tech industry in China. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥23.33, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 39x in the Tech industry in China. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥21.01, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 42x in the Tech industry in China. Aankondiging • Dec 29
Suzhou Longway Eletronic Machinery Co., Ltd to Report Fiscal Year 2023 Results on Apr 24, 2024 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report fiscal year 2023 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥40.02, the stock trades at a trailing P/E ratio of 78.7x. Average trailing P/E is 46x in the Tech industry in China. Reported Earnings • Oct 25
Third quarter 2023 earnings released Third quarter 2023 results: EPS: CN¥0.091. Net income: CN¥12.4m (up CN¥12.4m from 3Q 2022). Aankondiging • Sep 13
Suzhou Longway Eletronic Machinery Co., Ltd Approves Interim Cash Dividend for the Year 2023 Suzhou Longway Eletronic Machinery Co. Ltd. at its EGM held on September 11, 2023 approved interim cash dividend of CNY 4.00000000 per 10 shares for the year 2023. Aankondiging • Aug 26
Suzhou Longway Eletronic Machinery Co., Ltd Proposes Interim Dividend for the First Half of 2023 Suzhou Longway Eletronic Machinery Co. Ltd. proposed interim cash dividend of CNY 4.00000000 per 10 shares (tax included) for the first half of 2023. Reported Earnings • Aug 25
First half 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.21 in 1H 2022) First half 2023 results: EPS: CN¥0.30 (up from CN¥0.21 in 1H 2022). Revenue: CN¥420.1m (down 7.5% from 1H 2022). Net income: CN¥31.1m (up 44% from 1H 2022). Profit margin: 7.4% (up from 4.7% in 1H 2022). The increase in margin was driven by lower expenses. Aankondiging • Jul 12
Suzhou Longway Eletronic Machinery Co., Ltd to Report First Half, 2023 Results on Aug 25, 2023 Suzhou Longway Eletronic Machinery Co., Ltd announced that they will report first half, 2023 results on Aug 25, 2023 Board Change • Jul 05
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 
