Announcement • May 29
Guoguang Electric Co.,Ltd.Chengdu, Annual General Meeting, Jun 18, 2026 Guoguang Electric Co.,Ltd.Chengdu, Annual General Meeting, Jun 18, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu Economic and Technological Development Zone, Sichuan China Reported Earnings • May 01
Full year 2025 earnings released: CN¥0.91 loss per share (vs CN¥0.43 profit in FY 2024) Full year 2025 results: CN¥0.91 loss per share (down from CN¥0.43 profit in FY 2024). Revenue: CN¥276.4m (down 49% from FY 2024). Net loss: CN¥98.8m (down 310% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Guoguang Electric Co.,Ltd.Chengdu to Report Q1, 2026 Results on Apr 30, 2026 Guoguang Electric Co.,Ltd.Chengdu announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Mar 19
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Mar 05
Full year 2025 earnings released: CN¥0.89 loss per share (vs CN¥0.43 profit in FY 2024) Full year 2025 results: CN¥0.89 loss per share (down from CN¥0.43 profit in FY 2024). Revenue: CN¥279.5m (down 48% from FY 2024). Net loss: CN¥96.2m (down 305% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Dec 26
Guoguang Electric Co.,Ltd.Chengdu to Report Fiscal Year 2025 Results on Apr 30, 2026 Guoguang Electric Co.,Ltd.Chengdu announced that they will report fiscal year 2025 results on Apr 30, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.27 loss per share (vs CN¥0.071 loss in 3Q 2024) Third quarter 2025 results: CN¥0.27 loss per share (further deteriorated from CN¥0.071 loss in 3Q 2024). Revenue: CN¥22.9m (down 78% from 3Q 2024). Net loss: CN¥27.7m (loss widened 263% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. New Risk • Oct 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 24% per year over the past 5 years. Announcement • Sep 30
Guoguang Electric Co.,Ltd.Chengdu to Report Q3, 2025 Results on Oct 31, 2025 Guoguang Electric Co.,Ltd.Chengdu announced that they will report Q3, 2025 results on Oct 31, 2025 Board Change • Aug 29
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 Jianqiang Yang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Aug 21
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.2% net profit margin). Announcement • Jun 30
Guoguang Electric Co.,Ltd.Chengdu to Report First Half, 2025 Results on Aug 29, 2025 Guoguang Electric Co.,Ltd.Chengdu announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Apr 30
Guoguang Electric Co.,Ltd.Chengdu, Annual General Meeting, May 23, 2025 Guoguang Electric Co.,Ltd.Chengdu, Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China New Risk • Apr 25
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: 4.2% Last year net profit margin: 13% 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: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.2% net profit margin). Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.27 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.02 (down from CN¥0.27 in 1Q 2024). Revenue: CN¥105.0m (down 34% from 1Q 2024). Net income: CN¥2.12m (down 93% from 1Q 2024). Profit margin: 2.0% (down from 18% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Mar 28
Guoguang Electric Co.,Ltd.Chengdu to Report Q1, 2025 Results on Apr 25, 2025 Guoguang Electric Co.,Ltd.Chengdu announced that they will report Q1, 2025 results on Apr 25, 2025 New Risk • Mar 18
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 8.1% 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 5.2% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (194% cash payout ratio). Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.83 in FY 2023) Full year 2024 results: EPS: CN¥0.44 (down from CN¥0.83 in FY 2023). Revenue: CN¥542.9m (down 27% from FY 2023). Net income: CN¥48.1m (down 47% from FY 2023). Profit margin: 8.9% (down from 12% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% 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. Announcement • Dec 27
Guoguang Electric Co.,Ltd.Chengdu to Report Fiscal Year 2024 Results on Apr 25, 2025 Guoguang Electric Co.,Ltd.Chengdu announced that they will report fiscal year 2024 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥58.24, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 35x in the Electrical industry in China. Total loss to shareholders of 62% over the past three years. New Risk • Nov 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 1.3% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 02
Third quarter 2024 earnings released: CN¥0.071 loss per share (vs CN¥0.062 profit in 3Q 2023) Third quarter 2024 results: CN¥0.071 loss per share (down from CN¥0.062 profit in 3Q 2023). Revenue: CN¥103.5m (down 26% from 3Q 2023). Net loss: CN¥7.65m (down 211% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥48.11, the stock trades at a trailing P/E ratio of 55.6x. Average trailing P/E is 30x in the Electrical industry in China. Total loss to shareholders of 55% over the past three years. Announcement • Sep 30
Guoguang Electric Co.,Ltd.Chengdu to Report Q3, 2024 Results on Oct 31, 2024 Guoguang Electric Co.,Ltd.Chengdu announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥45.44, the stock trades at a trailing P/E ratio of 52.6x. Average trailing P/E is 28x in the Electrical industry in China. Total loss to shareholders of 60% over the past three years. New Risk • Sep 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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 (6.7% average weekly change). Large one-off items impacting financial results. New Risk • Sep 05
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 6.9% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥43.14, the stock trades at a trailing P/E ratio of 49.9x. Average trailing P/E is 27x in the Electrical industry in China. Total loss to shareholders of 68% over the past three years. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.26 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.20 (down from CN¥0.26 in 2Q 2023). Revenue: CN¥191.6m (down 30% from 2Q 2023). Net income: CN¥22.1m (down 18% from 2Q 2023). Profit margin: 12% (up from 10.0% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year and the company’s share price has also fallen by 29% per year. Announcement • Jun 28
Guoguang Electric Co.,Ltd.Chengdu to Report First Half, 2024 Results on Aug 28, 2024 Guoguang Electric Co.,Ltd.Chengdu announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 27
Guoguang Electric Co.,Ltd.Chengdu, Annual General Meeting, May 16, 2024 Guoguang Electric Co.,Ltd.Chengdu, Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu Economic and Technological Development Zone, Sichuan China Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥65.04, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Electrical industry in China. Total loss to shareholders of 35% over the past year. Reported Earnings • Apr 18
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.83 (down from CN¥1.53 in FY 2022). Revenue: CN¥745.4m (down 18% from FY 2022). Net income: CN¥90.4m (down 46% from FY 2022). Profit margin: 12% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 59% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Announcement • Mar 29
Guoguang Electric Co.,Ltd.Chengdu to Report Q1, 2024 Results on Apr 26, 2024 Guoguang Electric Co.,Ltd.Chengdu announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥62.40, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Electrical industry in China. Total loss to shareholders of 49% over the past year. Reported Earnings • Feb 27
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.83 (down from CN¥1.53 in FY 2022). Revenue: CN¥744.1m (down 18% from FY 2022). Net income: CN¥90.1m (down 46% from FY 2022). Profit margin: 12% (down from 18% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 59% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electrical industry in China. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥66.95, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 14x in the Electrical industry in China. Total loss to shareholders of 50% over the past year. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.062 (vs CN¥0.17 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.062 (down from CN¥0.17 in 3Q 2022). Revenue: CN¥140.2m (down 26% from 3Q 2022). Net income: CN¥6.88m (down 63% from 3Q 2022). Profit margin: 4.9% (down from 9.9% in 3Q 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥63.85, the stock trades at a trailing P/E ratio of 67.1x. Average trailing P/E is 33x in the Electrical industry in China. Total loss to shareholders of 55% over the past year. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.64 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.64 in 2Q 2022). Revenue: CN¥271.8m (down 17% from 2Q 2022). Net income: CN¥27.1m (down 61% from 2Q 2022). Profit margin: 10.0% (down from 21% in 2Q 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥91.90, the stock trades at a trailing P/E ratio of 68.8x. Average trailing P/E is 36x in the Electrical industry in China. Total loss to shareholders of 42% over the past year. Announcement • Jun 28
Guoguang Electric Co.,Ltd.Chengdu to Report First Half, 2023 Results on Aug 22, 2023 Guoguang Electric Co.,Ltd.Chengdu announced that they will report first half, 2023 results on Aug 22, 2023 Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥116, the stock trades at a trailing P/E ratio of 61.8x. Average trailing P/E is 36x in the Electrical industry in China. Total loss to shareholders of 33% over the past year. Reported Earnings • Apr 18
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥2.14. Revenue: CN¥911.4m (up 54% from FY 2021). Net income: CN¥166.0m (flat on FY 2021). Profit margin: 18% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 42%. Reported Earnings • Feb 25
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥2.17. Revenue: CN¥911.3m (up 54% from FY 2021). Net income: CN¥168.1m (up 2.0% from FY 2021). Profit margin: 18% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 51% p.a. on average during the next 2 years, compared to a 28% growth forecast for the Electrical industry in China. Board Change • Nov 16
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. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . 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 28
Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.48 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.24 (down from CN¥0.48 in 3Q 2021). Revenue: CN¥188.6m (up 51% from 3Q 2021). Net income: CN¥18.7m (down 40% from 3Q 2021). Profit margin: 9.9% (down from 25% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Electrical industry in China. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: CN¥0.89 (vs CN¥0.91 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.89. Revenue: CN¥326.0m (up 103% from 2Q 2021). Net income: CN¥68.8m (up 33% from 2Q 2021). Profit margin: 21% (down from 32% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 66%, compared to a 60% growth forecast for the Electrical industry in China. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.54 (vs CN¥0.47 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.54 (up from CN¥0.47 in 1Q 2021). Revenue: CN¥195.4m (up 86% from 1Q 2021). Net income: CN¥41.6m (up 51% from 1Q 2021). Profit margin: 21% (down from 26% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 75%, compared to a 52% growth forecast for the industry in China. Reported Earnings • Mar 15
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥2.56 (up from CN¥1.64 in FY 2020). Revenue: CN¥590.4m (up 32% from FY 2020). Net income: CN¥164.9m (up 73% from FY 2020). Profit margin: 28% (up from 21% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.48 (vs CN¥0.43 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥124.6m (up 5.4% from 3Q 2020). Net income: CN¥31.1m (up 26% from 3Q 2020). Profit margin: 25% (up from 21% in 3Q 2020).