New Risk • May 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 8.4% 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 Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (3.3% net profit margin). Reported Earnings • Apr 29
First quarter 2026 earnings released: EPS: CN¥0.01 (vs CN¥0.03 loss in 1Q 2025) First quarter 2026 results: EPS: CN¥0.01 (up from CN¥0.03 loss in 1Q 2025). Revenue: CN¥102.3m (up 48% from 1Q 2025). Net income: CN¥1.49m (up CN¥5.76m from 1Q 2025). Profit margin: 1.5% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: CN¥0.05 (vs CN¥0.14 in FY 2024) Full year 2025 results: EPS: CN¥0.05 (down from CN¥0.14 in FY 2024). Revenue: CN¥378.5m (up 20% from FY 2024). Net income: CN¥7.64m (down 65% from FY 2024). Profit margin: 2.0% (down from 7.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
WenYi Trinity Technology Co., Ltd, Annual General Meeting, Apr 20, 2026 WenYi Trinity Technology Co., Ltd, Annual General Meeting, Apr 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tongling, Anhui China Announcement • Mar 30
WenYi Trinity Technology Co., Ltd to Report Q1, 2026 Results on Apr 28, 2026 WenYi Trinity Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 26
WenYi Trinity Technology Co., Ltd to Report Fiscal Year 2025 Results on Mar 31, 2026 WenYi Trinity Technology Co., Ltd announced that they will report fiscal year 2025 results on Mar 31, 2026 New Risk • Nov 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 91% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin). Announcement • Sep 30
WenYi Trinity Technology Co., Ltd to Report Q3, 2025 Results on Oct 30, 2025 WenYi Trinity Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.1% Last year net profit margin: 8.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.1% net profit margin). Announcement • Jun 30
WenYi Trinity Technology Co., Ltd to Report First Half, 2025 Results on Aug 26, 2025 WenYi Trinity Technology Co., Ltd announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Jun 09
WenYi Trinity Technology Co., Ltd (SHSE:600520) agreed to acquire 51% stake in Anhui Zhonghe Semiconductor Technology Co., Ltd. from a group of shareholders for approximately CNY 120 million. WenYi Trinity Technology Co., Ltd (SHSE:600520) agreed to acquire 51% stake in Anhui Zhonghe Semiconductor Technology Co., Ltd. from a group of shareholders for approximately CNY 120 million on June 6, 2025. A cash consideration of CNY 121.38 million will be paid by WenYi Trinity Technology Co., Ltd. As part of consideration, CNY 121.38 million is paid towards common equity of Anhui Zhonghe Semiconductor Technology Co., Ltd.
For the period ending December 31, 2024, Anhui Zhonghe Semiconductor Technology Co., Ltd. reported EBIT of CNY 119.83 million and net income of CNY 2.34 million. As of December 31, 2024, Anhui Zhonghe Semiconductor Technology Co., Ltd. reported total assets of CNY 246.12 million and total common equity of CNY 83.91 million.
The transaction is subject to approval of offer by acquirer shareholders. New Risk • May 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 42% 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. This is currently the only risk that has been identified for the company. Announcement • Apr 29
WenYi Trinity Technology Co., Ltd, Annual General Meeting, May 19, 2025 WenYi Trinity Technology Co., Ltd, Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Announcement • Mar 28
WenYi Trinity Technology Co., Ltd to Report Q1, 2025 Results on Apr 29, 2025 WenYi Trinity Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 27
WenYi Trinity Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 29, 2025 WenYi Trinity Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to CN¥51.88, the stock trades at a trailing P/E ratio of 62x. Average trailing P/E is 34x in the Machinery industry in China. Total returns to shareholders of 596% over the past three years. Announcement • Sep 30
WenYi Trinity Technology Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024 WenYi Trinity Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.02 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.037 (up from CN¥0.02 in 2Q 2023). Revenue: CN¥80.2m (down 8.3% from 2Q 2023). Net income: CN¥6.61m (up 57% from 2Q 2023). Profit margin: 8.2% (up from 4.8% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Announcement • Jun 28
WenYi Trinity Technology Co., Ltd to Report First Half, 2024 Results on Aug 28, 2024 WenYi Trinity Technology Co., Ltd announced that they will report first half, 2024 results on Aug 28, 2024 Buy Or Sell Opportunity • Jun 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to CN¥16.90. The fair value is estimated to be CN¥21.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.02 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.02 in 1Q 2023). Revenue: CN¥75.7m (down 6.9% from 1Q 2023). Net income: CN¥1.43m (down 46% from 1Q 2023). Profit margin: 1.9% (down from 3.2% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance. Announcement • Apr 27
WenYi Trinity Technology Co., Ltd, Annual General Meeting, May 16, 2024 WenYi Trinity Technology Co., Ltd, Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Tongling, Anhui China Announcement • Mar 29
WenYi Trinity Technology Co., Ltd to Report Q1, 2024 Results on Apr 26, 2024 WenYi Trinity Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Dec 30
WenYi Trinity Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 26, 2024 WenYi Trinity Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: CN¥0.71 loss per share (vs CN¥0.13 profit in 3Q 2022) Third quarter 2023 results: CN¥0.71 loss per share (down from CN¥0.13 profit in 3Q 2022). Revenue: CN¥88.9m (down 31% from 3Q 2022). Net loss: CN¥95.8m (down CN¥114.4m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Oct 25
Now 21% undervalued Over the last 90 days, the stock is up 44%. The fair value is estimated to be CN¥26.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Oct 19
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 8.0% 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. Announcement • Sep 30
WenYi Trinity Technology Co., Ltd to Report Q3, 2023 Results on Oct 28, 2023 WenYi Trinity Technology Co., Ltd announced that they will report Q3, 2023 results on Oct 28, 2023 New Risk • Aug 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% 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: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.067 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.02 (down from CN¥0.067 in 2Q 2022). Revenue: CN¥87.5m (down 14% from 2Q 2022). Net income: CN¥4.22m (down 51% from 2Q 2022). Profit margin: 4.8% (down from 8.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. New Risk • Jun 29
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 7.2% 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. This is currently the only risk that has been identified for the company. Announcement • Jun 28
WenYi Trinity Technology Co., Ltd to Report First Half, 2023 Results on Aug 29, 2023 WenYi Trinity Technology Co., Ltd announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.02 (in line with 1Q 2022). Revenue: CN¥81.4m (down 32% from 1Q 2022). Net income: CN¥2.62m (down 31% from 1Q 2022). Profit margin: 3.2% (up from 3.1% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥19.25, the stock trades at a trailing P/E ratio of 70.9x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 76% over the past three years. 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. 6 non-independent directors. Independent Director Ruiwen Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥15.86, the stock trades at a trailing P/E ratio of 58.4x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 56% over the past three years. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.039 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.039 in 3Q 2021). Revenue: CN¥129.0m (up 5.1% from 3Q 2021). Net income: CN¥18.6m (up 178% from 3Q 2021). Profit margin: 14% (up from 5.4% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥12.40, the stock trades at a trailing P/E ratio of 63.1x. Average trailing P/E is 34x in the Machinery industry in China. Total returns to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment deteriorated over the past week After last week's 26% share price decline to CN¥11.65, the stock trades at a trailing P/E ratio of 59.3x. Average trailing P/E is 37x in the Machinery industry in China. Total loss to shareholders of 2.6% over the past three years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.072 (vs CN¥0.015 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.072 (up from CN¥0.015 loss in 2Q 2021). Revenue: CN¥101.2m (down 9.1% from 2Q 2021). Net income: CN¥8.59m (up CN¥11.1m from 2Q 2021). Profit margin: 8.5% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 88% 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¥0.02 (vs CN¥0.05 loss in 1Q 2021) First quarter 2022 results: EPS: CN¥0.02 (up from CN¥0.05 loss in 1Q 2021). Revenue: CN¥120.4m (up 39% from 1Q 2021). Net income: CN¥3.79m (up CN¥11.2m from 1Q 2021). Profit margin: 3.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. 1 independent director (5 non-independent directors). Vice Chairman, General Manager and Secretary Yingzhi Chen was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 26
Third quarter 2021 earnings released The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥122.8m (up 51% from 3Q 2020). Net income: CN¥6.68m (up 41% from 3Q 2020). Profit margin: 5.4% (down from 5.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: CN¥0.014 loss per share (vs CN¥0.031 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥111.3m (up 26% from 2Q 2020). Net loss: CN¥2.54m (loss narrowed 51% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 29
Full year 2020 earnings released: EPS CN¥0.05 (vs CN¥0.46 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥332.0m (up 28% from FY 2019). Net income: CN¥8.30m (up CN¥80.8m from FY 2019). Profit margin: 2.5% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥6.50 The company is down 19% from its price of CN¥8.07 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥7.30 The company is down 18% from its price of CN¥8.90 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥7.83 The company is down 13% from its price of CN¥9.05 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% 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¥51.5m, with losses widening by 164% from the prior year. Total revenue was CN¥287.4m over the last 12 months, up 2.7% from the prior year. Announcement • Oct 20
WenYi Trinity Technology Co., Ltd to Report Q3, 2020 Results on Oct 27, 2020 WenYi Trinity Technology Co., Ltd announced that they will report Q3, 2020 results on Oct 27, 2020 Announcement • Aug 20
WenYi Trinity Technology Co., Ltd (SHSE:600520) made a proposal to acquire 73.8% stake in Tongling Huaxiang Asset Management Co., Ltd. from Shanghai Xiangfeng Investment Co., Ltd. for CNY 0. WenYi Trinity Technology Co., Ltd (SHSE:600520) made a proposal to acquire 73.8% stake in Tongling Huaxiang Asset Management Co., Ltd. from Shanghai Xiangfeng Investment Co., Ltd. for CNY 0 on August 17, 2020. After completion of the transaction, Tongling Huaxiang Asset Management will became wholly owned subsidiary of WenYi Trinity Technology. The transaction has been approved by the Board of WenYi Trinity Technology. Announcement • Jul 08
WenYi Trinity Technology Co., Ltd to Report First Half, 2020 Results on Aug 18, 2020 WenYi Trinity Technology Co., Ltd announced that they will report first half, 2020 results on Aug 18, 2020