Announcement • Jun 30
Jiangsu General Science Technology Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Jiangsu General Science Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Reported Earnings • Apr 30
Full year 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.24 in FY 2024) Full year 2025 results: EPS: CN¥0.13 (down from CN¥0.24 in FY 2024). Revenue: CN¥8.50b (up 22% from FY 2024). Net income: CN¥201.4m (down 46% from FY 2024). Profit margin: 2.4% (down from 5.4% in FY 2024). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Apr 30
Jiangsu General Science Technology Co., Ltd., Annual General Meeting, May 20, 2026 Jiangsu General Science Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China Announcement • Mar 30
Jiangsu General Science Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Jiangsu General Science Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Jiangsu General Science Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 Jiangsu General Science Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.06 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.03 (down from CN¥0.06 in 3Q 2024). Revenue: CN¥2.21b (up 15% from 3Q 2024). Net income: CN¥45.8m (down 51% from 3Q 2024). Profit margin: 2.1% (down from 4.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Jiangsu General Science Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Jiangsu General Science Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jun 30
Jiangsu General Science Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Jiangsu General Science Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Board Change • Jun 27
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 Rong Guang Cheng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 30
Jiangsu General Science Technology Co., Ltd., Annual General Meeting, May 20, 2025 Jiangsu General Science Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 09:30 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China Announcement • Mar 29
Guangzhou Industrial Investment Holdings Group cancelled the acquisition of 24.41% stake in Jiangsu General Science Technology Co., Ltd. (SHSE:601500) from Hongdou Group Co., Ltd. Guangzhou Industrial Investment Holdings Group signed a letter of intent to acquire 24.41% stake in Jiangsu General Science Technology Co., Ltd. (SHSE:601500) from Hongdou Group Co., Ltd. on January 22, 2025.
The specific transfer price, payment arrangements, share delivery, etc., shall be subject to the formal 'Share Transfer Agreement' signed by both parties.
Guangzhou Industrial Investment Holdings Group cancelled the acquisition of 24.41% stake in Jiangsu General Science Technology Co., Ltd. (SHSE:601500) from Hongdou Group Co., Ltd. on March 27, 2025. Announcement • Mar 28
Jiangsu General Science Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Jiangsu General Science Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥5.62, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the Auto Components industry in China. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥2.66 per share. Announcement • Dec 27
Jiangsu General Science Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Jiangsu General Science Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.054 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.06. Revenue: CN¥1.92b (up 33% from 3Q 2023). Net income: CN¥93.3m (down 7.2% from 3Q 2023). Profit margin: 4.9% (down from 7.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Announcement • Sep 30
Jiangsu General Science Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Jiangsu General Science Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥5.37, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 27% over the past three years. New Risk • Sep 17
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (20% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.081 (vs CN¥0.026 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.081 (up from CN¥0.026 in 2Q 2023). Revenue: CN¥1.62b (up 36% from 2Q 2023). Net income: CN¥133.7m (up 185% from 2Q 2023). Profit margin: 8.2% (up from 3.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jun 28
Jiangsu General Science Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Jiangsu General Science Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 New Risk • May 16
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Paying a dividend despite having no free cash flows. Announcement • Apr 27
Jiangsu General Science Technology Co., Ltd., Annual General Meeting, May 16, 2024 Jiangsu General Science Technology Co., Ltd., Annual General Meeting, May 16, 2024, at 09:30 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.01 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.01 in 1Q 2023). Revenue: CN¥1.44b (up 38% from 1Q 2023). Net income: CN¥152.8m (up CN¥141.7m from 1Q 2023). Profit margin: 11% (up from 1.1% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥5.96, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Auto Components industry in China. Total returns to shareholders of 34% over the past three years. Announcement • Mar 29
Jiangsu General Science Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Jiangsu General Science Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Dec 29
Jiangsu General Science Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Jiangsu General Science Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.054 (vs CN¥0.004 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.054 (up from CN¥0.004 in 3Q 2022). Revenue: CN¥1.44b (up 25% from 3Q 2022). Net income: CN¥100.5m (up CN¥95.9m from 3Q 2022). Profit margin: 7.0% (up from 0.4% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% 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. Announcement • Sep 30
Jiangsu General Science Technology Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Jiangsu General Science Technology Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.026 (vs CN¥0.008 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.026 (up from CN¥0.008 in 2Q 2022). Revenue: CN¥1.19b (up 21% from 2Q 2022). Net income: CN¥46.9m (up 336% from 2Q 2022). Profit margin: 3.9% (up from 1.1% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • Jun 28
Jiangsu General Science Technology Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Jiangsu General Science Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.008 in FY 2021) Full year 2022 results: EPS: CN¥0.01 (up from CN¥0.008 in FY 2021). Revenue: CN¥4.12b (down 3.2% from FY 2021). Net income: CN¥17.0m (up 46% from FY 2021). Profit margin: 0.4% (up from 0.3% in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
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. Supervisor Mengjie Liu was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.004 (vs CN¥0.001 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.004 (up from CN¥0.001 loss in 3Q 2021). Revenue: CN¥1.15b (up 9.2% from 3Q 2021). Net income: CN¥4.64m (up CN¥5.65m from 3Q 2021). Profit margin: 0.4% (up from net loss in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.012 (vs CN¥0.01 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.012. Revenue: CN¥988.3m (down 8.3% from 2Q 2021). Net income: CN¥10.8m (down 30% from 2Q 2021). Profit margin: 1.1% (down from 1.4% in 2Q 2021). Announcement • May 24
Jiangsu General Science Technology Co., Ltd. announced that it expects to receive CNY 1.03 billion in funding Jiangsu General Science Technology Co., Ltd. announced that it will issue shares to receive CNY 1,030,000,000 in an equity round of funding on May 23, 2022. Reported Earnings • Apr 28
Full year 2021 earnings released: EPS: CN¥0.01 (vs CN¥0.10 in FY 2020) Full year 2021 results: EPS: CN¥0.01 (down from CN¥0.10 in FY 2020). Revenue: CN¥4.26b (up 23% from FY 2020). Net income: CN¥11.6m (down 87% from FY 2020). Profit margin: 0.3% (down from 2.6% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. 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 (5 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2021 earnings released: CN¥0.001 loss per share (vs CN¥0.06 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥1.05b (down 2.6% from 3Q 2020). Net loss: CN¥1.01m (down 102% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.012 (vs CN¥0.043 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.08b (up 32% from 2Q 2020). Net income: CN¥15.3m (down 26% from 2Q 2020). Profit margin: 1.4% (down from 2.5% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.01 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥1.08b (up 92% from 1Q 2020). Net income: CN¥17.4m (up 58% from 1Q 2020). Profit margin: 1.6% (down from 2.0% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% 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. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥5.13 The company is down 18% from its price of CN¥6.24 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 1.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥5.16 The company is down 15% from its price of CN¥6.08 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥5.76 The company is down 3.0% from its price of CN¥5.92 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 5.0% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: CN¥6.67 The company is up 4.0% from its price of CN¥6.39 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 5.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥96.0m, down 23% from the prior year. Total revenue was CN¥3.19b over the last 12 months, down 7.4% from the prior year. Announcement • Sep 30
Jiangsu General Science Technology Co., Ltd. announced that it expects to receive CNY 885 million in funding Jiangsu General Science Technology Co., Ltd. (SHSE:601500) announced a private placement of not more than 261,687,027 A shares for gross proceeds of not more than CNY 885,000,000 on September 27, 2020. The transaction will include participation from not more than 5 investors. The issuance price will be not lower than 80% of the average price of the company’s shares as of 20 trading days since issuance date. The company will issue not more than 30% of the total share capital prior to the transaction. The shares issues will have a hold period of 6 months from the date of closing. The transaction has been approved by the board of directors of the company at 10th meeting of the 5th directorate and 9th meeting of the 5th supervisory board and is subject to shareholder and China Securities Regulatory Commission approvals. Announcement • Jul 10
Jiangsu General Science Technology Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Jiangsu General Science Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020 
