New Risk • Jul 03
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 9.2% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 52% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). Announcement • Jun 30
Jiangsu Riying Electronics Co.,Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Jiangsu Riying Electronics Co.,Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 New Risk • May 06
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Earnings have declined by 52% per year over the past 5 years. Announcement • Mar 30
Jiangsu Riying Electronics Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Jiangsu Riying Electronics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Reported Earnings • Mar 30
Full year 2025 earnings released: CN¥0.45 loss per share (vs CN¥0.10 profit in FY 2024) Full year 2025 results: CN¥0.45 loss per share (down from CN¥0.10 profit in FY 2024). Revenue: CN¥1.04b (up 7.3% from FY 2024). Net loss: CN¥52.4m (down CN¥63.7m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings. Announcement • Mar 28
Jiangsu Riying Electronics Co.,Ltd., Annual General Meeting, Apr 17, 2026 Jiangsu Riying Electronics Co.,Ltd., Annual General Meeting, Apr 17, 2026, at 13:30 China Standard Time. Location: No. 2888, Luheng Road, Changzhou Economic Development Zone, Changzhou, Jiangsu China Announcement • Dec 26
Jiangsu Riying Electronics Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 28, 2026 Jiangsu Riying Electronics Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 28, 2026 Reported Earnings • Nov 03
Third quarter 2025 earnings released: CN¥0.007 loss per share (vs CN¥0.014 profit in 3Q 2024) Third quarter 2025 results: CN¥0.007 loss per share (down from CN¥0.014 profit in 3Q 2024). Revenue: CN¥278.2m (up 19% from 3Q 2024). Net loss: CN¥789.3k (down 139% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 35% per year. Announcement • Sep 30
Jiangsu Riying Electronics Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Jiangsu Riying Electronics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 26
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 9.1% 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 Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 35% per year over the past 5 years. Announcement • Jun 30
Jiangsu Riying Electronics Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Jiangsu Riying Electronics Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • May 24
Jiangsu Riying Electronics Co.,Ltd. (SHSE:603286) agreed to acquire remaining 20% stake in Changzhou Huichang Sensor Co Ltd. from Changzhou Yingsheng Industrial Investment Partnership Enterprise Limited and Zhou Huiming for CNY 63.7 million. Jiangsu Riying Electronics Co.,Ltd. (SHSE:603286) agreed to acquire remaining 20% stake in Changzhou Huichang Sensor Co Ltd. from Changzhou Yingsheng Industrial Investment Partnership Enterprise Limited and Zhou Huiming for CNY 63.7 million on May 23, 2025. A cash consideration of CNY 63.73 million will be paid by Jiangsu Riying Electronics Co.,Ltd. As part of consideration, CNY 63.73 million is paid towards common equity of Changzhou Huichang Sensor Co Ltd. Upon completion, Jiangsu Riying Electronics Co.,Ltd. will own 100% stake in Changzhou Huichang Sensor Co Ltd. Jiangsu Riying Electronics Co.,Ltd. planned to use its own funds or self-raised fund or not more than CNY 63,726,444.62 to acquire the 20% stakes in Changzhou Huichang Sensor Co. Ltd.
As of March 31, 2025, Changzhou Huichang Sensor Co Ltd. reported total assets of CNY 124.26 million and total common equity of CNY 9.01 million.
The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been approved by the board. New Risk • Apr 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 50% 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: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 33% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.08 in FY 2023) Full year 2024 results: EPS: CN¥0.10 (up from CN¥0.08 in FY 2023). Revenue: CN¥970.7m (up 27% from FY 2023). Net income: CN¥11.2m (up 41% from FY 2023). Profit margin: 1.2% (up from 1.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
Jiangsu Riying Electronics Co.,Ltd., Annual General Meeting, Apr 18, 2025 Jiangsu Riying Electronics Co.,Ltd., Annual General Meeting, Apr 18, 2025, at 13:30 China Standard Time. Location: No. 2888, Luheng Road, Changzhou Economic Development Zone, Jiangsu China Announcement • Mar 28
Jiangsu Riying Electronics Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Jiangsu Riying Electronics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Feb 11
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 8.8% 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: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Announcement • Dec 27
Jiangsu Riying Electronics Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Jiangsu Riying Electronics Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥0.019 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.014. Revenue: CN¥234.0m (up 3.3% from 3Q 2023). Net income: CN¥2.02m (up 35% from 3Q 2023). Profit margin: 0.9% (up from 0.7% in 3Q 2023). Announcement • Sep 30
Jiangsu Riying Electronics Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Jiangsu Riying Electronics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 New Risk • Sep 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 66% 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: Major Risk Earnings have declined by 41% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (32% increase in shares outstanding). Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.018 (vs CN¥0.019 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.018. Revenue: CN¥254.3m (up 22% from 2Q 2023). Net income: CN¥1.88m (up 13% from 2Q 2023). Profit margin: 0.7% (down from 0.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Announcement • Jun 28
Jiangsu Riying Electronics Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Jiangsu Riying Electronics Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 29
Jiangsu Riying Electronics Co.,Ltd., Annual General Meeting, May 17, 2024 Jiangsu Riying Electronics Co.,Ltd., Annual General Meeting, May 17, 2024, at 13:30 China Standard Time. Location: 3F, the 2nd Factory of Riying Electronics, Fangmao Village, Hengshanqiao Town, Wujin District, Changzhou, Jiangsu China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.03 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.05 (up from CN¥0.03 in 1Q 2023). Revenue: CN¥196.2m (up 21% from 1Q 2023). Net income: CN¥5.70m (up 94% from 1Q 2023). Profit margin: 2.9% (up from 1.8% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Jiangsu Riying Electronics Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Jiangsu Riying Electronics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Dec 29
Jiangsu Riying Electronics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Jiangsu Riying Electronics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 New Risk • Nov 27
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 8.6% 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 Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 49% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (29% increase in shares outstanding). New Risk • Nov 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 29% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 49% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.019 (vs CN¥0.083 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.019 (up from CN¥0.083 loss in 3Q 2022). Revenue: CN¥226.6m (up 13% from 3Q 2022). Net income: CN¥1.50m (up CN¥8.67m from 3Q 2022). Profit margin: 0.7% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.019 (vs CN¥0.003 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.019 (up from CN¥0.003 in 2Q 2022). Revenue: CN¥207.9m (up 15% from 2Q 2022). Net income: CN¥1.67m (up 476% from 2Q 2022). Profit margin: 0.8% (up from 0.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. New Risk • Jul 14
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 6.8% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 40% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Announcement • Jun 28
Jiangsu Riying Electronics Co.,Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Jiangsu Riying Electronics Co.,Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.04 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.04 in 1Q 2022). Revenue: CN¥162.4m (up 9.8% from 1Q 2022). Net income: CN¥2.94m (down 12% from 1Q 2022). Profit margin: 1.8% (down from 2.2% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.083 loss per share (vs CN¥0.05 profit in 3Q 2021) Third quarter 2022 results: CN¥0.083 loss per share (down from CN¥0.05 profit in 3Q 2021). Revenue: CN¥199.9m (up 35% from 3Q 2021). Net loss: CN¥7.17m (down 257% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.003 (vs CN¥0.07 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.003 (down from CN¥0.07 in 2Q 2021). Revenue: CN¥181.1m (up 24% from 2Q 2021). Net income: CN¥289.0k (down 95% from 2Q 2021). Profit margin: 0.2% (down from 4.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Apr 28
Full year 2021 earnings released: EPS: CN¥0.12 (vs CN¥0.17 in FY 2020) Full year 2021 results: EPS: CN¥0.12 (down from CN¥0.17 in FY 2020). Revenue: CN¥581.7m (up 18% from FY 2020). Net income: CN¥10.8m (down 27% from FY 2020). Profit margin: 1.9% (down from 3.0% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 5% per year. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.05 (vs CN¥0.05 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥148.0m (up 9.8% from 3Q 2020). Net income: CN¥4.56m (up 1.7% from 3Q 2020). Profit margin: 3.1% (down from 3.3% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 3% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.053 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥146.5m (up 8.5% from 2Q 2020). Net income: CN¥6.12m (up 9.7% from 2Q 2020). Profit margin: 4.2% (up from 4.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% 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 03
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥16.72, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 31x in the Auto Components industry in China. Total returns to shareholders of 6.9% over the past three years. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.06 (vs CN¥0.01 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥123.4m (up 81% from 1Q 2020). Net income: CN¥5.67m (up CN¥4.90m from 1Q 2020). Profit margin: 4.6% (up from 1.1% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 17% per year. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥12.54 The company is down 28% from its price of CN¥17.45 on 05 November 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 1.0% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥15.70 The company is down 8.0% from its price of CN¥17.06 on 23 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 06
New 90-day high: CN¥19.09 The company is up 1.0% from its price of CN¥18.81 on 07 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 6.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥22.4m, up 1.8% from the prior year. Total revenue was CN¥539.1m over the last 12 months, up 32% from the prior year. Announcement • Oct 29
Jiangsu Riying Electronics Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Jiangsu Riying Electronics Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Sep 28
New 90-day low: CN¥16.05 The company is down 3.0% from its price of CN¥16.48 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 20% over the same period. Announcement • Jul 17
Jiangsu Riying Electronics Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Jiangsu Riying Electronics Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020 
