Reported Earnings • Apr 21
Full year 2025 earnings released: EPS: CN¥0.97 (vs CN¥0.85 in FY 2024) Full year 2025 results: EPS: CN¥0.97 (up from CN¥0.85 in FY 2024). Revenue: CN¥1.58b (up 8.3% from FY 2024). Net income: CN¥216.2m (up 13% from FY 2024). Profit margin: 14% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Announcement • Apr 21
Ningbo Gaofa Automotive Control System Co., Ltd., Annual General Meeting, May 12, 2026 Ningbo Gaofa Automotive Control System Co., Ltd., Annual General Meeting, May 12, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Announcement • Mar 30
Ningbo Gaofa Automotive Control System Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 26
Ningbo Gaofa Automotive Control System Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.26 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.23 (down from CN¥0.26 in 3Q 2024). Revenue: CN¥363.7m (up 3.0% from 3Q 2024). Net income: CN¥51.9m (down 13% from 3Q 2024). Profit margin: 14% (down from 17% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Ningbo Gaofa Automotive Control System Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.24 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.26 (up from CN¥0.24 in 2Q 2024). Revenue: CN¥400.3m (up 5.0% from 2Q 2024). Net income: CN¥57.7m (up 11% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Jun 30
Ningbo Gaofa Automotive Control System Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • May 20
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 8.6% 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 (dividend per share is over 62x cash flows per share). Share price has been volatile over the past 3 months (8.6% average weekly change). Reported Earnings • Apr 22
Full year 2024 earnings released: EPS: CN¥0.85 (vs CN¥0.73 in FY 2023) Full year 2024 results: EPS: CN¥0.85 (up from CN¥0.73 in FY 2023). Revenue: CN¥1.46b (up 16% from FY 2023). Net income: CN¥190.6m (up 17% from FY 2023). Profit margin: 13% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Apr 22
Ningbo Gaofa Automotive Control System Co., Ltd., Annual General Meeting, May 12, 2025 Ningbo Gaofa Automotive Control System Co., Ltd., Annual General Meeting, May 12, 2025, at 13:30 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China New Risk • Apr 07
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: Major Risk Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (203% cash payout ratio). Share price has been volatile over the past 3 months (7.9% average weekly change). Announcement • Mar 28
Ningbo Gaofa Automotive Control System Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥16.50, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 35x in the Auto Components industry in China. Total returns to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥18.61, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 37x in the Auto Components industry in China. Total returns to shareholders of 82% over the past three years. Announcement • Dec 27
Ningbo Gaofa Automotive Control System Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.26 (vs CN¥0.20 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.20 in 3Q 2023). Revenue: CN¥353.2m (up 5.9% from 3Q 2023). Net income: CN¥59.6m (up 34% from 3Q 2023). Profit margin: 17% (up from 13% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year. Announcement • Sep 30
Ningbo Gaofa Automotive Control System Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥13.42, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 26% over the past three years. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.17 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.24 (up from CN¥0.17 in 2Q 2023). Revenue: CN¥381.2m (up 29% from 2Q 2023). Net income: CN¥52.1m (up 37% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Announcement • Jun 28
Ningbo Gaofa Automotive Control System Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • Apr 21
Ningbo Gaofa Automotive Control System Co., Ltd., Annual General Meeting, May 10, 2024 Ningbo Gaofa Automotive Control System Co., Ltd., Annual General Meeting, May 10, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Ningbo, Zhejiang China Reported Earnings • Apr 20
Full year 2023 earnings released: EPS: CN¥0.73 (vs CN¥0.52 in FY 2022) Full year 2023 results: EPS: CN¥0.73 (up from CN¥0.52 in FY 2022). Revenue: CN¥1.26b (up 22% from FY 2022). Net income: CN¥162.6m (up 42% from FY 2022). Profit margin: 13% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.14, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 30x in the Auto Components industry in China. Total loss to shareholders of 9.2% over the past three years. Announcement • Mar 29
Ningbo Gaofa Automotive Control System Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥10.73, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 28x in the Auto Components industry in China. Total loss to shareholders of 1.8% over the past three years. Announcement • Dec 30
Ningbo Gaofa Automotive Control System Co., Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.10 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.20 (up from CN¥0.10 in 3Q 2022). Revenue: CN¥333.6m (up 21% from 3Q 2022). Net income: CN¥44.4m (up 92% from 3Q 2022). Profit margin: 13% (up from 8.4% 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 20% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥16.64, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 35x in the Auto Components industry in China. Total returns to shareholders of 16% over the past three years. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.17 (up from CN¥0.14 in 2Q 2022). Revenue: CN¥295.7m (up 22% from 2Q 2022). Net income: CN¥38.2m (up 24% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 20% 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. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥13.06, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 41x in the Auto Components industry in China. Total loss to shareholders of 17% over the past three years. Reported Earnings • Apr 21
Full year 2022 earnings released: EPS: CN¥0.52 (vs CN¥0.65 in FY 2021) Full year 2022 results: EPS: CN¥0.52 (down from CN¥0.65 in FY 2021). Revenue: CN¥1.04b (up 10% from FY 2021). Net income: CN¥114.9m (down 21% from FY 2021). Profit margin: 11% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year. 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. 5 non-independent directors. Independent Director Chengai Li was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released Third quarter 2022 results: EPS: CN¥0.14. Net income: CN¥31.7m (up CN¥31.7m from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.19 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.19 in 2Q 2021). Revenue: CN¥241.5m (up 11% from 2Q 2021). Net income: CN¥30.7m (down 29% from 2Q 2021). Profit margin: 13% (down from 20% 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 4% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • Apr 19
First quarter 2022 earnings: EPS in line with expectations, revenues disappoint First quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.19 in 1Q 2021). Revenue: CN¥243.3m (up 12% from 1Q 2021). Net income: CN¥37.9m (down 12% from 1Q 2021). Profit margin: 16% (down from 20% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Reported Earnings • Oct 21
Third quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.22 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥227.6m (down 2.0% from 3Q 2020). Net income: CN¥39.3m (down 22% from 3Q 2020). Profit margin: 17% (down from 22% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥254.4m (up 15% from 2Q 2020). Net income: CN¥47.9m (down 1.3% from 2Q 2020). Profit margin: 19% (down from 22% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 12% per year. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.80 (vs CN¥0.78 in FY 2019) The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: CN¥891.4m (down 5.6% from FY 2019). Net income: CN¥179.3m (flat on FY 2019). Profit margin: 20% (up from 19% in FY 2019). The increase in margin was driven by lower expenses. 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 21% per year. Is New 90 Day High Low • Jan 26
New 90-day low: CN¥12.85 The company is down 21% from its price of CN¥16.35 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.61 per share. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥13.04 The company is down 27% from its price of CN¥17.83 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.62 per share. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥14.05 The company is down 19% from its price of CN¥17.42 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.62 per share. Is New 90 Day High Low • Nov 28
New 90-day low: CN¥15.71 The company is down 15% from its price of CN¥18.53 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.04 per share. Valuation Update With 7 Day Price Move • Oct 27
Market pulls back on stock over the past week After last week's 15% share price decline to CN¥16.21, the stock is trading at a trailing P/E ratio of 21x, down from the previous P/E ratio of 24.7x. This compares to an average P/E of 39x in the Auto Components industry in China. Total return to shareholders over the past three years is a loss of 36%. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥16.56 The company is down 3.0% from its price of CN¥17.10 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.08 per share. Reported Earnings • Oct 21
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥173.2m, up 16% from the prior year. Total revenue was CN¥910.0m over the last 12 months, down 2.1% from the prior year. Announcement • Oct 19
Ningbo Gaofa Automotive Control System Co., Ltd. to Report Q3, 2020 Results on Oct 21, 2020 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report Q3, 2020 results on Oct 21, 2020 Valuation Update With 7 Day Price Move • Oct 15
Market bids up stock over the past week After last week's 15% share price gain to CN¥19.18, the stock is trading at a trailing P/E ratio of 24.5x, up from the previous P/E ratio of 21.2x. This compares to an average P/E of 44x in the Auto Components industry in China. Total return to shareholders over the past three years is a loss of 24%. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥16.69 The company is down 7.0% from its price of CN¥17.93 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥4.25 per share. Announcement • Jul 09
Ningbo Gaofa Automotive Control System Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Ningbo Gaofa Automotive Control System Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020