Reported Earnings • Apr 25
First quarter 2026 earnings released: CN¥0.01 loss per share (vs CN¥0.23 profit in 1Q 2025) First quarter 2026 results: CN¥0.01 loss per share (down from CN¥0.23 profit in 1Q 2025). Revenue: CN¥1.05b (up 5.9% from 1Q 2025). Net loss: CN¥9.42m (down 103% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 31
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Mar 30
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 213% Cash payout ratio: 238% Dividend yield: 7.3% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Mar 26
Now 24% overvalued Over the last 90 days, the stock has fallen 2.8% to CN¥17.92. The fair value is estimated to be CN¥14.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 18%. Reported Earnings • Mar 24
Full year 2025 earnings released: EPS: CN¥0.61 (vs CN¥0.43 in FY 2024) Full year 2025 results: EPS: CN¥0.61 (up from CN¥0.43 in FY 2024). Revenue: CN¥5.23b (up 9.4% from FY 2024). Net income: CN¥725.3m (up 45% from FY 2024). Profit margin: 14% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 23
Guangdong Dongfang Precision Science & Technology Co., Ltd., Annual General Meeting, Apr 17, 2026 Guangdong Dongfang Precision Science & Technology Co., Ltd., Annual General Meeting, Apr 17, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Announcement • Dec 31
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 24, 2026 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 24, 2026 Announcement • Dec 02
Brookfield Asset Management Ltd. (TSX:BAM), through its private equity strategy, agreed to acquire Fosber S.p.A. from Guangdong Dongfang Precision Science & Technology Co., Ltd. (SZSE:002611). Brookfield Asset Management Ltd. (TSX:BAM), through its private equity strategy, agreed to acquire Fosber S.p.A. from Guangdong Dongfang Precision Science & Technology Co., Ltd. (SZSE:002611) on December 1, 2025.The transaction is being funded with approximately $480 million of equity, of which its affiliate Brookfield Business Partners is expected to invest approximately $170 million. The transaction is subject to customary regulatory approvals and is expected to close in 2026. Lazard, Inc. (NYSE:LAZ) acted as financial advisor to Brookfield Asset Management Ltd. Fergus Wheeler, Paul Yin, Marcello Bragliani, Paolo Bernasconi, Karl Mah, Enrique Rene de Vera and James Leslie of Latham & Watkins acted as advisor on financing. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥20.24, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 38x in the Auto Components industry in China. Total returns to shareholders of 375% over the past three years. Buy Or Sell Opportunity • Nov 06
Now 22% undervalued Over the last 90 days, the stock has risen 25% to CN¥21.21. The fair value is estimated to be CN¥27.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 20%. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥20.90, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 41x in the Auto Components industry in China. Total returns to shareholders of 370% over the past three years. Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: CN¥0.098 (vs CN¥0.13 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.098 (down from CN¥0.13 in 3Q 2024). Revenue: CN¥1.23b (up 7.5% from 3Q 2024). Net income: CN¥113.0m (down 32% from 3Q 2024). Profit margin: 9.2% (down from 14% 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 20% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 New Risk • Aug 21
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 6.6% 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: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.097 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.097 in 2Q 2024). Revenue: CN¥1.17b (down 4.6% from 2Q 2024). Net income: CN¥121.8m (up 2.1% from 2Q 2024). Profit margin: 10% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥17.20, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 39x in the Auto Components industry in China. Total returns to shareholders of 217% over the past three years. Announcement • Jul 02
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report First Half, 2025 Results on Aug 14, 2025 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 14, 2025 New Risk • Jun 08
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining 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 Risk Earnings have declined by 26% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • May 14
Guangdong Dongfang Precision Science & Technology Co., Ltd. Approves Cash Dividend for the First Quarter of 2025 Guangdong Dongfang Precision Science & Technology Co., Ltd. held its 1st Extraordinary General Meeting of 2025 on 12 May 2025 approved Cash dividend/10 shares (tax included): CNY 1.30000000. Reported Earnings • Apr 28
First quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.04 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.04 in 1Q 2024). Revenue: CN¥988.7m (up 5.7% from 1Q 2024). Net income: CN¥275.7m (up CN¥231.0m from 1Q 2024). Profit margin: 28% (up from 4.8% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥9.62, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 29x in the Auto Components industry in China. Total returns to shareholders of 116% over the past three years. Board Change • Apr 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Zhidong Feng was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Apr 01
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to CN¥11.94. The fair value is estimated to be CN¥9.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 5.7%. Announcement • Mar 31
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 18
Full year 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.36 in FY 2023) Full year 2024 results: EPS: CN¥0.43 (up from CN¥0.36 in FY 2023). Revenue: CN¥4.78b (flat on FY 2023). Net income: CN¥500.6m (up 16% from FY 2023). Profit margin: 11% (up from 9.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 18
Guangdong Dongfang Precision Science & Technology Co., Ltd., Annual General Meeting, Apr 07, 2025 Guangdong Dongfang Precision Science & Technology Co., Ltd., Annual General Meeting, Apr 07, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥10.84, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 30x in the Auto Components industry in China. Total returns to shareholders of 100% over the past three years. Announcement • Dec 31
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 18, 2025 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 18, 2025 New Risk • Dec 31
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 13% 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. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥10.76, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 32x in the Auto Components industry in China. Total returns to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥11.57, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 30x in the Auto Components industry in China. Total returns to shareholders of 89% over the past three years. New Risk • Nov 26
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 11% 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. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥8.79, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 31x in the Auto Components industry in China. Total returns to shareholders of 51% over the past three years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.059 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.059 in 3Q 2023). Revenue: CN¥1.14b (down 8.0% from 3Q 2023). Net income: CN¥166.2m (up 153% from 3Q 2023). Profit margin: 14% (up from 5.3% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year. Announcement • Sep 30
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Guangdong Dongfang Precision Science & Technology 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 22% After last week's 22% share price gain to CN¥6.33, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 14% over the past three years. Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.10 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.097 (down from CN¥0.10 in 2Q 2023). Revenue: CN¥1.23b (up 4.3% from 2Q 2023). Net income: CN¥119.2m (down 1.6% from 2Q 2023). Profit margin: 9.7% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥6.05, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 25x in the Auto Components industry in China. Total returns to shareholders of 21% over the past three years. Announcement • Jun 29
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report First Half, 2024 Results on Jul 26, 2024 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report first half, 2024 results on Jul 26, 2024 Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥6.08, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 29x in the Auto Components industry in China. Total returns to shareholders of 38% over the past three years. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.04 (down from CN¥0.07 in 1Q 2023). Revenue: CN¥935.1m (up 3.1% from 1Q 2023). Net income: CN¥44.6m (down 48% from 1Q 2023). Profit margin: 4.8% (down from 9.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Announcement • Mar 30
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Mar 28
Guangdong Dongfang Precision Science & Technology Co., Ltd., Annual General Meeting, Apr 19, 2024 Guangdong Dongfang Precision Science & Technology Co., Ltd., Annual General Meeting, Apr 19, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.37 in FY 2022) Full year 2023 results: EPS: CN¥0.36 (down from CN¥0.37 in FY 2022). Revenue: CN¥4.75b (up 22% from FY 2022). Net income: CN¥433.2m (down 3.1% from FY 2022). Profit margin: 9.1% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥8.74, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 33x in the Auto Components industry in China. Total returns to shareholders of 119% over the past three years. Buy Or Sell Opportunity • Mar 07
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 87% to CN¥9.04. The fair value is estimated to be CN¥7.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 12%. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 61% After last week's 61% share price gain to CN¥7.27, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 29x in the Auto Components industry in China. Total returns to shareholders of 78% over the past three years. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥4.16, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 28x in the Auto Components industry in China. Negligible returns to shareholders over past three years. Buy Or Sell Opportunity • Jan 22
Now 23% undervalued Over the last 90 days, the stock has risen 9.3% to CN¥4.94. The fair value is estimated to be CN¥6.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 12%. Buying Opportunity • Jan 18
Now 21% undervalued Over the last 90 days, the stock is up 9.1%. The fair value is estimated to be CN¥6.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 12%. Announcement • Dec 30
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024 Buying Opportunity • Dec 15
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥6.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 12%. Buying Opportunity • Nov 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.8%. The fair value is estimated to be CN¥6.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 12%. New Risk • Oct 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.2% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.059 (vs CN¥0.02 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.059 (up from CN¥0.02 in 3Q 2022). Revenue: CN¥1.24b (up 39% from 3Q 2022). Net income: CN¥65.7m (up 173% from 3Q 2022). Profit margin: 5.3% (up from 2.7% 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 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023 Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.09 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.09 in 2Q 2022). Revenue: CN¥1.18b (up 31% from 2Q 2022). Net income: CN¥121.2m (up 9.1% from 2Q 2022). Profit margin: 10% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jul 01
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report First Half, 2023 Results on Jul 26, 2023 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report first half, 2023 results on Jul 26, 2023 Board Change • Jun 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Haichuan Tu was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.37 (vs CN¥0.35 in FY 2021) Full year 2022 results: EPS: CN¥0.37. Revenue: CN¥3.89b (up 10% from FY 2021). Net income: CN¥447.2m (down 4.3% from FY 2021). Profit margin: 12% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.10 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.02 (down from CN¥0.10 in 3Q 2021). Revenue: CN¥895.3m (down 16% from 3Q 2021). Net income: CN¥24.1m (down 81% from 3Q 2021). Profit margin: 2.7% (down from 12% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥4.91, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 52x in the Auto Components industry in China. Total returns to shareholders of 12% over the past three years. Announcement • Aug 17
Guangdong Dongfang Precision Science & Technology Co., Ltd. Announces Director Appointments Guangdong Dongfang Precision Science & Technology Co., Ltd. at its 3rd Extraordinary General Meeting of 2022 on 12 August 2022, the company approved the election of independent directors, cumulative voting system applicableLi Ketian; Liu Da; Tu Haichuan. And also company approved the election of non-independent directors, cumulative voting system applicable; Feng Jia. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.11 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.09 (down from CN¥0.11 in 2Q 2021). Revenue: CN¥899.6m (up 18% from 2Q 2021). Net income: CN¥111.1m (down 12% from 2Q 2021). Profit margin: 12% (down from 17% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥5.30, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 48x in the Auto Components industry in China. Total returns to shareholders of 19% over the past three years. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Zhirong Mai was the last independent director to join the board, commencing their role in 2016. 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 • Mar 15
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.35 (up from CN¥0.26 in FY 2020). Revenue: CN¥3.52b (up 21% from FY 2020). Net income: CN¥467.3m (up 20% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 7.9%. Over the next year, revenue is forecast to grow 32%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.07 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥1.07b (up 38% from 3Q 2020). Net income: CN¥129.8m (up 32% from 3Q 2020). Profit margin: 12% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥6.84, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Auto Components industry in China. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥5.94, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 9.6% over the past three years. Reported Earnings • Jul 27
Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.05 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥764.1m (up 37% from 2Q 2020). Net income: CN¥126.5m (up 59% from 2Q 2020). Profit margin: 17% (up from 14% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 20
First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.03 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥636.4m (up 2.9% from 1Q 2020). Net income: CN¥64.6m (up 36% from 1Q 2020). Profit margin: 10% (up from 7.7% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥1.01 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.92b (down 71% from FY 2019). Net income: CN¥389.2m (down 79% from FY 2019). Profit margin: 13% (down from 18% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Feb 25
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Jan 28
New 90-day low: CN¥3.87 The company is down 17% from its price of CN¥4.66 on 30 October 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 4.0% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥4.41 The company is down 11% from its price of CN¥4.94 on 13 October 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 3.0% over the same period. Is New 90 Day High Low • Dec 17
New 90-day low: CN¥4.58 The company is down 2.0% from its price of CN¥4.68 on 18 September 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 flat over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: CN¥5.09 The company is up 5.0% from its price of CN¥4.84 on 02 September 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 3.0% over the same period. Announcement • Aug 12
Guangdong Dongfang Precision Science & Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Guangdong Dongfang Precision Science & Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 
