Aankondiging • Jun 30
Shenzhen MinDe Electronics Technology Ltd. to Report First Half, 2026 Results on Aug 15, 2026 Shenzhen MinDe Electronics Technology Ltd. announced that they will report first half, 2026 results on Aug 15, 2026 New Risk • Jun 09
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 11% 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 Risks Debt is not well covered by operating cash flow (1.8% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 66% per year over the past 5 years. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Qian Xin was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 29
Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 19, 2026 Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Aankondiging • Mar 31
Shenzhen MinDe Electronics Technology Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Aankondiging • Feb 28
Shenzhen MinDe Electronics Technology Ltd. announced that it expects to receive CNY 1 billion in funding Shenzhen MinDe Electronics Technology Ltd. announced a 2026 Private Placement of not more than 51,337,521 A Shares at an issue price of not less than 80% of the average price in the 20 trading days before the pricing reference date for g4oss proceeds of CNY 1,000,000,000 on February 26, 2026. The transaction will include participation from not more than 35 investors. The transaction has been approved in 19th Meeting of the Company’s 4th Directorate, subject to the approvals of the Company’s Shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. The shares cannot be transferred within 6 months from the issuance closing date. Aankondiging • Dec 31
Shenzhen MinDe Electronics Technology Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Shenzhen MinDe Electronics Technology Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Aankondiging • Sep 30
Shenzhen MinDe Electronics Technology Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Aankondiging • Jul 02
Shenzhen MinDe Electronics Technology Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shenzhen MinDe Electronics Technology Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Aankondiging • Apr 20
Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 09, 2025 Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 09, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Aankondiging • Mar 31
Shenzhen MinDe Electronics Technology Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Aankondiging • Dec 31
Shenzhen MinDe Electronics Technology Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Shenzhen MinDe Electronics Technology Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: CN¥0.015 loss per share (vs CN¥0.02 profit in 3Q 2023) Third quarter 2024 results: CN¥0.015 loss per share (down from CN¥0.02 profit in 3Q 2023). Revenue: CN¥98.9m (down 1.1% from 3Q 2023). Net loss: CN¥2.49m (down 174% from profit in 3Q 2023). Aankondiging • Sep 30
Shenzhen MinDe Electronics Technology Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 New Risk • Sep 21
New major risk - Revenue and earnings growth Earnings have declined by 2.4% 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 Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 2.4% per year over the past 5 years. Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.045 loss per share (vs CN¥0.045 profit in 2Q 2023) Second quarter 2024 results: CN¥0.045 loss per share (down from CN¥0.045 profit in 2Q 2023). Revenue: CN¥95.2m (down 13% from 2Q 2023). Net loss: CN¥7.91m (down 202% from profit in 2Q 2023). Aankondiging • Jun 29
Shenzhen MinDe Electronics Technology Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Shenzhen MinDe Electronics Technology Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 New Risk • Jun 06
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 9.8% 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 Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Declared Dividend • May 29
Dividend of CN¥0.03 announced Shareholders will receive a dividend of CN¥0.03. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 41%. Cash payout ratio: 21%. Aankondiging • Apr 21
Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 10, 2024 Shenzhen MinDe Electronics Technology Ltd., Annual General Meeting, May 10, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China New Risk • Apr 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 75% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin). Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.073 (vs CN¥0.52 in FY 2022) Full year 2023 results: EPS: CN¥0.073 (down from CN¥0.52 in FY 2022). Revenue: CN¥399.5m (down 23% from FY 2022). Net income: CN¥12.6m (down 86% from FY 2022). Profit margin: 3.1% (down from 17% in FY 2022). Aankondiging • Mar 30
Shenzhen MinDe Electronics Technology Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Shenzhen MinDe Electronics Technology Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Aankondiging • Mar 02
Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) commences an Equity Buyback Plan for CNY 30 million worth of its shares, under the authorization approved on February 19, 2024. Shenzhen MinDe Electronics Technology Ltd. (SZSE:300656) commences share repurchases on February 28, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on February 19, 2024. As per the mandate, the company is authorized to repurchase up to CNY 30 million worth of its shares. The repurchase price will not more than CNY 34.11 per Share. The repurchases will be funded using company's own funds. All shares repurchased will be canceled and the registered capital will be reduced. The repurchase period will be not more than 12 months. As of January 29, 2024, the company had 172,634,672 shares outstanding. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥17.73, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 32x in the Electronic industry in China. New Risk • Jan 25
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 7.9% 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. This is currently the only risk that has been identified for the company. Aankondiging • Dec 29
Shenzhen MinDe Electronics Technology Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Shenzhen MinDe Electronics Technology Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 New Risk • Nov 29
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 7.1% 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. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.12 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.02 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥100.0m (down 37% from 3Q 2022). Net income: CN¥3.39m (down 83% from 3Q 2022). Profit margin: 3.4% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Aankondiging • May 19
Shenzhen MinDe Electronics Technology Ltd. Approves Final Dividend for 2022 Shenzhen MinDe Electronics Technology Ltd. approved final dividend of (tax included) CNY 1.00000000 per 10 shares for 2022. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.038 (vs CN¥0.10 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.038 (down from CN¥0.10 in 1Q 2022). Revenue: CN¥73.4m (down 28% from 1Q 2022). Net income: CN¥5.94m (down 63% from 1Q 2022). Profit margin: 8.1% (down from 16% in 1Q 2022). The decrease in margin was driven by lower revenue. Board Change • Mar 14
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Bo Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
