Announcement • Jun 30
Sensteed Hi-Tech Group to Report First Half, 2026 Results on Aug 27, 2026 Sensteed Hi-Tech Group announced that they will report first half, 2026 results on Aug 27, 2026 Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Independent Director Min Zhang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 30
Sensteed Hi-Tech Group, Annual General Meeting, May 20, 2026 Sensteed Hi-Tech Group, Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Announcement • Mar 31
Sensteed Hi-Tech Group to Report Q1, 2026 Results on Apr 30, 2026 Sensteed Hi-Tech Group announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
Sensteed Hi-Tech Group to Report Fiscal Year 2025 Results on Apr 29, 2026 Sensteed Hi-Tech Group announced that they will report fiscal year 2025 results on Apr 29, 2026 Announcement • Sep 30
Sensteed Hi-Tech Group to Report Q3, 2025 Results on Oct 29, 2025 Sensteed Hi-Tech Group announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Sensteed Hi-Tech Group to Report First Half, 2025 Results on Aug 28, 2025 Sensteed Hi-Tech Group announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Jun 09
Sensteed Hi-Tech Group, Annual General Meeting, Jun 30, 2025 Sensteed Hi-Tech Group, Annual General Meeting, Jun 30, 2025, at 14:30 China Standard Time. Location: North Tower, No. 36, Xinjinqiao Road, Pudong New Area, Shanghai China Announcement • Mar 31
Sensteed Hi-Tech Group to Report Q1, 2025 Results on Apr 28, 2025 Sensteed Hi-Tech Group announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
Sensteed Hi-Tech Group to Report Fiscal Year 2024 Results on Apr 24, 2025 Sensteed Hi-Tech Group announced that they will report fiscal year 2024 results on Apr 24, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.019 loss per share (vs CN¥0.033 loss in 3Q 2023) Third quarter 2024 results: CN¥0.019 loss per share (improved from CN¥0.033 loss in 3Q 2023). Revenue: CN¥1.78b (up 22% from 3Q 2023). Net loss: CN¥187.0m (loss narrowed 44% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Oct 29
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to CN¥1.35. The fair value is estimated to be CN¥1.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 14%. Buy Or Sell Opportunity • Sep 30
Now 23% overvalued Over the last 90 days, the stock has fallen 2.9% to CN¥1.34. The fair value is estimated to be CN¥1.09, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 14%. Announcement • Sep 30
Sensteed Hi-Tech Group to Report Q3, 2024 Results on Oct 31, 2024 Sensteed Hi-Tech Group announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Sep 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding). Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.068 loss in 2Q 2023) Second quarter 2024 results: CN¥0.11 loss per share (further deteriorated from CN¥0.068 loss in 2Q 2023). Revenue: CN¥980.0m (down 40% from 2Q 2023). Net loss: CN¥1.09b (loss widened 59% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Jul 29
Sensteed Hi-Tech Group (SZSE:000981) announces an Equity Buyback for CNY 1,000 million worth of its shares. Sensteed Hi-Tech Group (SZSE:000981) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,000 million worth of its shares. The shares will be purchased at a price not exceeding CNY 1.60 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the company's core and backbone personnel, effectively combine the interests of shareholders, the company's interests and the personal interests of the core team, and promote the long-term development of the company. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's Own funds or self-raised funds. The program will be valid for 6 months. New Risk • Jul 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 7.3% 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. Announcement • Jun 29
Sensteed Hi-Tech Group to Report First Half, 2024 Results on Aug 28, 2024 Sensteed Hi-Tech Group announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • May 31
Lianyungang Dali Honglin Investment Co., Ltd agreed to acquire Ningbo Yinyi Real Estate Development Co., Ltd. from Sensteed Hi-Tech Group (SZSE:000981) for approximately CNY 600 million. Lianyungang Dali Honglin Investment Co., Ltd agreed to acquire Ningbo Yinyi Real Estate Development Co., Ltd. from Sensteed Hi-Tech Group (SZSE:000981) for approximately CNY 600 million on May 22, 2024. The transaction has been approved by the board and shareholders of Ningbo Yinyi Real Estate Development Co., Ltd. New Risk • May 10
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥1.1b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company. Reported Earnings • May 01
Full year 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.10 loss in FY 2022) Full year 2023 results: CN¥0.21 loss per share (further deteriorated from CN¥0.10 loss in FY 2022). Revenue: CN¥5.34b (up 43% from FY 2022). Net loss: CN¥2.06b (loss widened 112% from FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • May 01
Sensteed Hi-Tech Group, Annual General Meeting, May 24, 2024 Sensteed Hi-Tech Group, Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: 35F, No. 333, Lujiazui Ring Road, Pudong New Area, Shanghai China Announcement • Mar 30
Sensteed Hi-Tech Group to Report Q1, 2024 Results on Apr 30, 2024 Sensteed Hi-Tech Group announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 29
Sensteed Hi-Tech Group to Report Fiscal Year 2023 Results on Apr 30, 2024 Sensteed Hi-Tech Group announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.033 loss per share (vs CN¥0.022 loss in 3Q 2022) Third quarter 2023 results: CN¥0.033 loss per share (further deteriorated from CN¥0.022 loss in 3Q 2022). Revenue: CN¥1.46b (up 51% from 3Q 2022). Net loss: CN¥331.4m (loss widened 49% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Oct 13
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 6.5% 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 Less than 1 year of cash runway based on free cash flow trend (-CN¥1.2b free cash flow). Earnings have declined by 3.0% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Announcement • Sep 30
Sensteed Hi-Tech Group to Report Q3, 2023 Results on Oct 31, 2023 Sensteed Hi-Tech Group announced that they will report Q3, 2023 results on Oct 31, 2023 New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥1.2b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥1.2b free cash flow). Earnings have declined by 3.0% per year over the past 5 years. New Risk • Aug 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.3% 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 12% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-CN¥685m). Share price has been volatile over the past 3 months (6.3% average weekly change). Announcement • May 06
Sensteed Hi-Tech Group, Annual General Meeting, May 26, 2023 Sensteed Hi-Tech Group, Annual General Meeting, May 26, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 report of the board of directors; to 2022 report of the supervisory committee;to 2022 annual accounts; to 2022 profit distribution plan; to 2022 annual report and its summary; to 2022 special report on the deposit and use of raised funds; to Application for financing quota to financial institutions in 2023; to Provision for assets impairment; to Unrecovered losses account for one-third of the paid-in capital; to 2022 remuneration for directors and senior management and 2023 remuneration plan; and to consider other matter. Reported Earnings • Apr 30
First quarter 2023 earnings released: CN¥0.02 loss per share (vs CN¥0.05 profit in 1Q 2022) First quarter 2023 results: CN¥0.02 loss per share (down from CN¥0.05 profit in 1Q 2022). Revenue: CN¥1.16b (down 13% from 1Q 2022). Net loss: CN¥197.1m (down 142% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Shan Chen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 31
Third quarter 2022 earnings released: CN¥0.022 loss per share (vs CN¥0.064 loss in 3Q 2021) Third quarter 2022 results: CN¥0.022 loss per share (improved from CN¥0.064 loss in 3Q 2021). Revenue: CN¥966.3m (up 14% from 3Q 2021). Net loss: CN¥222.2m (loss narrowed 14% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 03
Second quarter 2022 earnings released: CN¥0.008 loss per share (vs CN¥0.061 loss in 2Q 2021) Second quarter 2022 results: CN¥0.008 loss per share (up from CN¥0.061 loss in 2Q 2021). Revenue: CN¥458.2m (down 59% from 2Q 2021). Net loss: CN¥83.5m (loss narrowed 62% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.04 loss in 1Q 2021) First quarter 2022 results: EPS: CN¥0.05 (up from CN¥0.04 loss in 1Q 2021). Revenue: CN¥1.33b (up 29% from 1Q 2021). Net income: CN¥473.5m (up CN¥653.2m from 1Q 2021). Profit margin: 36% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Shan Chen is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 01
Third quarter 2021 earnings released: CN¥0.064 loss per share (vs CN¥0.003 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¥845.1m (down 36% from 3Q 2020). Net loss: CN¥258.7m (down CN¥271.4m from profit in 3Q 2020). Reported Earnings • Sep 02
Second quarter 2021 earnings released: CN¥0.061 loss per share (vs CN¥0.10 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥1.11b (down 72% from 2Q 2020). Net loss: CN¥217.6m (down 152% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Reported Earnings • May 02
First quarter 2021 earnings released: CN¥0.04 loss per share (vs CN¥0.10 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥1.03b (up 12% from 1Q 2020). Net loss: CN¥179.7m (loss narrowed 55% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 17
Full year 2020 earnings released: CN¥0.27 loss per share (vs CN¥1.78 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CN¥7.96b (up 13% from FY 2019). Net loss: CN¥1.09b (loss narrowed 85% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Nov 23
New 90-day high: CN¥1.99 The company is up 5.0% from its price of CN¥1.90 on 25 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 9.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥6.48b, with losses widening by 151% from the prior year. Total revenue was CN¥8.09b over the last 12 months, up 3.2% from the prior year.