Declared Dividend • May 30
Dividend of CN¥0.02 announced Dividend of CN¥0.02 is the same as last year. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (122% earnings payout ratio). However, it is covered by cash flows (85% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 36% to bring the payout ratio under control. However, EPS has declined by 39% over the last 5 years so the company would need to reverse this trend. Announcement • May 30
Integrated Electronic Systems Lab Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2025, Payable on 05 June 2026 Integrated Electronic Systems Lab Co., Ltd. announced final cash dividend of CNY 0.20 per 10 shares (tax included) on A shares for the year 2025. Record date: 04 June 2026, Ex-date: 05 June 2026 and Payment date: 05 June 2026. Announcement • Apr 24
Integrated Electronic Systems Lab Co., Ltd., Annual General Meeting, May 15, 2026 Integrated Electronic Systems Lab Co., Ltd., Annual General Meeting, May 15, 2026, at 14:00 China Standard Time. Location: 1F, No. 188, East Section of Huayuan Road, Jinan, Shandong China New Risk • Apr 24
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 (9.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Reported Earnings • Apr 24
Full year 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.06 in FY 2024) Full year 2025 results: EPS: CN¥0.04 (down from CN¥0.06 in FY 2024). Revenue: CN¥3.08b (up 19% from FY 2024). Net income: CN¥20.2m (down 36% from FY 2024). Profit margin: 0.7% (down from 1.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Integrated Electronic Systems Lab Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Integrated Electronic Systems Lab Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Mar 03
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 9.9% 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 (9.9% average weekly change). Earnings have declined by 1.7% per year over the past 5 years. Board Change • Feb 01
Insufficient new directors 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. 3 highly experienced directors. Independent Director Qian Ai was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Jan 23
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 7.5% 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 Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Announcement • Dec 31
Integrated Electronic Systems Lab Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Integrated Electronic Systems Lab Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.031 loss per share (vs CN¥0.018 loss in 3Q 2024) Third quarter 2025 results: CN¥0.031 loss per share (further deteriorated from CN¥0.018 loss in 3Q 2024). Revenue: CN¥667.1m (up 22% from 3Q 2024). Net loss: CN¥15.8m (loss widened 81% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Integrated Electronic Systems Lab Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Integrated Electronic Systems Lab Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: CN¥0.002 (vs CN¥0.002 loss in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.002 (up from CN¥0.002 loss in 2Q 2024). Revenue: CN¥722.8m (up 15% from 2Q 2024). Net income: CN¥1.06m (up CN¥2.07m from 2Q 2024). Profit margin: 0.1% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Integrated Electronic Systems Lab Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Integrated Electronic Systems Lab Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Declared Dividend • Jun 06
Dividend of CN¥0.02 announced Dividend of CN¥0.02 is the same as last year. Ex-date: 10th June 2025 Payment date: 10th June 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 4.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • May 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% 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 Risk Earnings have declined by 30% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • May 02
First quarter 2025 earnings released: CN¥0.12 loss per share (vs CN¥0.16 loss in 1Q 2024) First quarter 2025 results: CN¥0.12 loss per share (improved from CN¥0.16 loss in 1Q 2024). Revenue: CN¥368.1m (up 47% from 1Q 2024). Net loss: CN¥61.4m (loss narrowed 24% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Apr 25
Integrated Electronic Systems Lab Co., Ltd., Annual General Meeting, May 16, 2025 Integrated Electronic Systems Lab Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jinan, Shandong China Announcement • Mar 31
Integrated Electronic Systems Lab Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Integrated Electronic Systems Lab Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Jan 31
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 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Announcement • Dec 31
Integrated Electronic Systems Lab Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Integrated Electronic Systems Lab Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.018 loss per share (vs CN¥0.007 loss in 3Q 2023) Third quarter 2024 results: CN¥0.018 loss per share (further deteriorated from CN¥0.007 loss in 3Q 2023). Revenue: CN¥546.5m (up 7.7% from 3Q 2023). Net loss: CN¥8.76m (loss widened 143% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Integrated Electronic Systems Lab Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Integrated Electronic Systems Lab Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.012 profit in 2Q 2023) Second quarter 2024 results: CN¥0.002 loss per share (down from CN¥0.012 profit in 2Q 2023). Revenue: CN¥630.7m (up 11% from 2Q 2023). Net loss: CN¥1.02m (down 116% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year. Announcement • Jun 29
Integrated Electronic Systems Lab Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Integrated Electronic Systems Lab Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • Apr 28
Integrated Electronic Systems Lab Co., Ltd., Annual General Meeting, May 17, 2024 Integrated Electronic Systems Lab Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jinan, Shandong China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2024 financial budget report; to consider 2023 profit distribution plan; to consider Remuneration for directors and supervisors; to consider 2023 annual report and its summary; to consider Application for comprehensive credit line to banks; and to consider other business matters. Announcement • Apr 27
Integrated Electronic Systems Lab Co., Ltd. Proposes Cash Dividend for the Year 2023 Integrated Electronic Systems Lab Co., Ltd. announced on 26 April 2024 the profit distribution proposal for 2023: Cash dividend (tax included) of CNY 0.20000000 per 10 shares. Reported Earnings • Apr 26
Full year 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.06 loss in FY 2022) Full year 2023 results: EPS: CN¥0.06 (up from CN¥0.06 loss in FY 2022). Revenue: CN¥2.39b (up 8.5% from FY 2022). Net income: CN¥30.9m (up CN¥58.8m from FY 2022). Profit margin: 1.3% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Integrated Electronic Systems Lab Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Integrated Electronic Systems Lab Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 30
Integrated Electronic Systems Lab Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Integrated Electronic Systems Lab 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¥0.007 loss per share (vs CN¥0.012 profit in 3Q 2022) Third quarter 2023 results: CN¥0.007 loss per share (down from CN¥0.012 profit in 3Q 2022). Revenue: CN¥507.4m (down 30% from 3Q 2022). Net loss: CN¥3.61m (down 175% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Integrated Electronic Systems Lab Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Integrated Electronic Systems Lab Co., Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023 Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.021 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.012 (up from CN¥0.021 loss in 2Q 2022). Revenue: CN¥568.0m (up 15% from 2Q 2022). Net income: CN¥6.21m (up CN¥18.1m from 2Q 2022). Profit margin: 1.1% (up from net loss in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Buying Opportunity • Jul 19
Now 20% undervalued Over the last 90 days, the stock is up 7.3%. The fair value is estimated to be CN¥10.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jul 01
Integrated Electronic Systems Lab Co., Ltd. to Report First Half, 2023 Results on Aug 23, 2023 Integrated Electronic Systems Lab Co., Ltd. announced that they will report first half, 2023 results on Aug 23, 2023 Reported Earnings • Mar 30
Full year 2022 earnings released: CN¥0.06 loss per share (vs CN¥0.09 loss in FY 2021) Full year 2022 results: CN¥0.06 loss per share (improved from CN¥0.09 loss in FY 2021). Revenue: CN¥2.20b (up 7.9% from FY 2021). Net loss: CN¥27.8m (loss narrowed 39% from FY 2021). 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 • Jan 19
Integrated Electronic Systems Lab Co., Ltd. Announces Board Appointments Integrated Electronic Systems Lab Co., Ltd. held its 1st Extraordinary General Meeting of 2023 on 16 January 2023, elected Sun Xujiang, Li Bin as non-independent directors; elected Ai Qian as independent directors; and elected Zeng Xianzhong as supervisors. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. Chairman of the Board Wang Liang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.072 loss per share (vs CN¥0.011 profit in 3Q 2021) Third quarter 2022 results: CN¥0.072 loss per share (down from CN¥0.011 profit in 3Q 2021). Revenue: CN¥386.5m (down 19% from 3Q 2021). Net loss: CN¥31.6m (down CN¥37.0m from profit in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 02
Second quarter 2022 earnings released: CN¥0.021 loss per share (vs CN¥0.007 profit in 2Q 2021) Second quarter 2022 results: CN¥0.021 loss per share (down from CN¥0.007 profit in 2Q 2021). Revenue: CN¥495.3m (up 12% from 2Q 2021). Net loss: CN¥11.9m (down 423% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Apr 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CN¥0.09 loss per share (down from CN¥0.12 profit in FY 2020). Revenue: CN¥2.04b (down 2.3% from FY 2020). Net loss: CN¥45.3m (down 177% from profit in FY 2020). Revenue missed analyst estimates by 12%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as 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. 3 experienced directors. 1 highly experienced director. Vice Chairman & GM Zhonghua Yan is the most experienced director on the board, commencing their role in 2007. 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 2021 earnings released: EPS CN¥0.011 (vs CN¥0.052 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥477.5m (down 1.7% from 3Q 2020). Net income: CN¥5.37m (down 80% from 3Q 2020). Profit margin: 1.1% (down from 5.4% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.007 (vs CN¥0.05 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥441.7m (up 5.1% from 2Q 2020). Net income: CN¥3.70m (down 85% from 2Q 2020). Profit margin: 0.8% (down from 6.0% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year. Announcement • May 29
Integrated Electronic Systems Lab Co.,Ltd. Announces Cash Dividend, Payable on 04 June 2021 Integrated Electronic Systems Lab Co.,Ltd. announced Cash dividend/10 shares CNY 0.30000000 (tax included). Record date is 03 June 2021, Ex-date is 04 June 2021 and Payment date is 04 June 2021. Net cash dividend/10 shares after tax: CNY0.27000000(CNY0.30000000- CNY0.03000000). Announcement • May 20
Integrated Electronic Systems Lab Co.,Ltd. Approves Cash Dividend for the Year 2020 Integrated Electronic Systems Lab Co.,Ltd. at the AGM held on May 17, 2021, the shareholders approved cash dividend of CNY 0.30000000/10 shares (tax included) for the year 2020. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.10 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥2.08b (up 13% from FY 2019). Net income: CN¥58.8m (up 14% from FY 2019). Profit margin: 2.8% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥6.00 The company is down 14% from its price of CN¥6.98 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥6.50 The company is down 4.0% from its price of CN¥6.75 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 19% over the same period. Is New 90 Day High Low • Nov 02
New 90-day high: CN¥7.45 The company is up 14% from its price of CN¥6.53 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 3.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥71.5m, with earnings increasing by CN¥62.2m from the prior year. Total revenue was CN¥1.91b over the last 12 months, up 8.3% from the prior year. Announcement • Aug 13
Integrated Electronic Systems Lab Co.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Integrated Electronic Systems Lab Co.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020