Reported Earnings • Aug 19
Second quarter 2026 earnings released: EPS: CN¥0.064 (vs CN¥0.21 in 2Q 2025) Second quarter 2026 results: EPS: CN¥0.064 (down from CN¥0.21 in 2Q 2025). Revenue: CN¥404.4m (flat on 2Q 2025). Net income: CN¥16.1m (down 42% from 2Q 2025). Profit margin: 4.0% (down from 6.9% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Jul 22
Chang Lan Technology Group Co., Ltd. (SZSE:002879) announces an Equity Buyback for CNY 220 million worth of its shares. Chang Lan Technology Group Co., Ltd. (SZSE:002879) announces a share repurchase program. Under the program, the company will repurchase up to CNY 220 million at a price of not more than CNY 20.50 per share. The purpose of the program is to cancel shares and reduce registered capital. The repurchase fund will be from own funds. The program is valid for 3 months from the Company's Directorate's Approval Date. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.92, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 45x in the Electrical industry in China. Total returns to shareholders of 1.9% over the past three years. Announcement • Jun 30
Chang Lan Technology Group Co., Ltd. to Report First Half, 2026 Results on Aug 18, 2026 Chang Lan Technology Group Co., Ltd. announced that they will report first half, 2026 results on Aug 18, 2026 Valuation Update With 7 Day Price Move • May 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥17.98, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 62x in the Electrical industry in China. Total returns to shareholders of 36% over the past three years. Reported Earnings • Apr 29
First quarter 2026 earnings released: EPS: CN¥0.01 (vs CN¥0.01 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.01 (in line with 1Q 2025). Revenue: CN¥274.5m (up 2.0% from 1Q 2025). Net income: CN¥1.36m (down 45% from 1Q 2025). Profit margin: 0.5% (down from 0.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 19
Dividend increased to CN¥0.50 Dividend of CN¥0.50 is 150% higher than last year. Ex-date: 21st April 2026 Payment date: 21st April 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but not covered by cash flows (136% cash payout ratio). The dividend has increased by an average of 21% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 29% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.7% EPS decline seen over the last 5 years. Announcement • Mar 31
Chang Lan Technology Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Chang Lan Technology Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 18
Full year 2025 earnings released: EPS: CN¥0.78 (vs CN¥0.41 in FY 2024) Full year 2025 results: EPS: CN¥0.78 (up from CN¥0.41 in FY 2024). Revenue: CN¥1.44b (up 16% from FY 2024). Net income: CN¥133.8m (up 79% from FY 2024). Profit margin: 9.3% (up from 6.0% 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 38% 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 16
Chang Lan Technology Group Co., Ltd., Annual General Meeting, Apr 10, 2026 Chang Lan Technology Group Co., Ltd., Annual General Meeting, Apr 10, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changsha, Hunan China Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥21.90, the stock trades at a trailing P/E ratio of 78x. Average trailing P/E is 59x in the Electrical industry in China. Total returns to shareholders of 55% over the past three years. New Risk • Jan 06
New major risk - Revenue and earnings growth Earnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% 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. Profit margins are more than 30% lower than last year (3.5% net profit margin). Announcement • Dec 31
Chang Lan Technology Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 17, 2026 Chang Lan Technology Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 17, 2026 Reported Earnings • Oct 27
Third quarter 2025 earnings released: EPS: CN¥0.021 (vs CN¥0.069 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.021 (down from CN¥0.069 in 3Q 2024). Revenue: CN¥357.8m (up 14% from 3Q 2024). Net income: CN¥3.15m (down 73% from 3Q 2024). Profit margin: 0.9% (down from 3.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Oct 17
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: Minor Risks Dividend is not well covered by cash flows (112% cash payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (4.2% net profit margin). Announcement • Sep 30
Chang Lan Technology Group Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Chang Lan Technology Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥19.21, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Electrical industry in China. Total returns to shareholders of 17% over the past three years. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.16 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.16 in 2Q 2024). Revenue: CN¥404.1m (up 50% from 2Q 2024). Net income: CN¥27.8m (flat on 2Q 2024). Profit margin: 6.9% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Chang Lan Technology Group Co., Ltd. to Report First Half, 2025 Results on Aug 12, 2025 Chang Lan Technology Group Co., Ltd. announced that they will report first half, 2025 results on Aug 12, 2025 New Risk • Apr 30
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: 4.6% Last year net profit margin: 7.9% 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 Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share). Profit margins are more than 30% lower than last year (4.6% net profit margin). Declared Dividend • Apr 14
Dividend reduced to CN¥0.20 Dividend of CN¥0.20 is 20% lower than last year. Ex-date: 17th April 2025 Payment date: 17th April 2025 Dividend yield will be 1.3%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 131% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 12
Chang Lan Technology Group Co., Ltd. Approves Final Cash Dividend on A Shares for the Year 2024, Payable on 17 April 2025 Chang Lan Technology Group Co., Ltd. at its Annual General Meeting held on 8 April 2025, approved final cash dividend in A shares of CNY 2.00000000 per 10 shares (tax included) for 2024. Record date: 16 April 2025; Ex-date: 17 April 2025; and Payment date: 17 April 2025. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥14.24, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electrical industry in China. Total returns to shareholders of 4.0% over the past three years. Announcement • Mar 31
Chang Lan Technology Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Chang Lan Technology Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Mar 19
Chang Lan Technology Group Co., Ltd. Announces Profit Distribution Proposal for 2024 Chang Lan Technology Group Co., Ltd. announced profit distribution proposal for 2024 Final Cash dividend/10 shares (tax included) is CNY 2.000000. Reported Earnings • Mar 18
Full year 2024 earnings released: EPS: CN¥0.41 (vs CN¥0.38 in FY 2023) Full year 2024 results: EPS: CN¥0.41 (up from CN¥0.38 in FY 2023). Revenue: CN¥1.24b (up 19% from FY 2023). Net income: CN¥74.7m (up 3.5% from FY 2023). Profit margin: 6.0% (down from 6.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Mar 18
Chang Lan Technology Group Co., Ltd., Annual General Meeting, Apr 08, 2025 Chang Lan Technology Group Co., Ltd., Annual General Meeting, Apr 08, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changsha, Hunan China New Risk • Feb 25
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 8.2% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% 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 (8.2% average weekly change). Announcement • Dec 31
Chang Lan Technology Group Co., Ltd. to Report Fiscal Year 2024 Results on Mar 18, 2025 Chang Lan Technology Group Co., Ltd. announced that they will report fiscal year 2024 results on Mar 18, 2025 New Risk • Dec 27
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% 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. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥17.45, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Electrical industry in China. Total loss to shareholders of 22% over the past three years. Board Change • Nov 27
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. Independent Director Mengkun Yan was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.069 (vs CN¥0.038 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.069 (up from CN¥0.038 in 3Q 2023). Revenue: CN¥312.6m (up 26% from 3Q 2023). Net income: CN¥11.7m (up 67% from 3Q 2023). Profit margin: 3.7% (up from 2.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 27% 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. Announcement • Sep 30
Chang Lan Technology Group Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Chang Lan Technology Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥13.95, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electrical industry in China. Total loss to shareholders of 24% over the past three years. Announcement • Jun 29
Chang Lan Technology Group Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Chang Lan Technology Group Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 New Risk • May 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Large one-off items impacting financial results. Buy Or Sell Opportunity • Apr 18
Now 24% overvalued Over the last 90 days, the stock has fallen 4.6% to CN¥14.06. The fair value is estimated to be CN¥11.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 59%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 42% per annum over the same time period. Announcement • Mar 30
Chang Lan Technology Group Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Chang Lan Technology Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Buy Or Sell Opportunity • Mar 28
Now 21% overvalued Over the last 90 days, the stock has fallen 15% to CN¥13.68. The fair value is estimated to be CN¥11.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 59%. Announcement • Mar 16
Chang Lan Technology Group Co., Ltd., Annual General Meeting, Apr 09, 2024 Chang Lan Technology Group Co., Ltd., Annual General Meeting, Apr 09, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changsha, Hunan China Agenda: To consider 2023 work report of the board of directors; 2023 work report of the supervisory committee; 2023 annual report and its summary; 2023 annual accounts report; 2023 profit distribution plan; Reappointment of 2024 audit firm; Determination of 2023 remuneration for non-independent directors and 2024 remuneration plan; Determination of 2023 allowance for independent directors and 2024 allowance plan. Buy Or Sell Opportunity • Mar 11
Now 27% overvalued Over the last 90 days, the stock has fallen 7.2% to CN¥14.41. The fair value is estimated to be CN¥11.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 59%. Announcement • Feb 09
Chang Lan Technology Group Co., Ltd. (SZSE:002879) announces an Equity Buyback for CNY 100 million worth of its shares. Chang Lan Technology Group Co., Ltd. (SZSE:002879) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million at a price of not more than CNY 20 per share. The purpose of the program is to cancel shares and reduce registered capital. The program is valid for 3 months. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥10.24, the stock trades at a trailing P/E ratio of 50.9x. Average trailing P/E is 24x in the Electrical industry in China. Total loss to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥13.39, the stock trades at a trailing P/E ratio of 66.5x. Average trailing P/E is 30x in the Electrical industry in China. Total returns to shareholders of 4.6% over the past three years. Announcement • Dec 29
Chang Lan Electric Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 15, 2024 Chang Lan Electric Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 15, 2024 New Risk • Oct 18
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Paying a dividend despite having no free cash flows. Earnings have declined by 15% 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 (3.1% net profit margin). Reported Earnings • Aug 19
Second quarter 2023 earnings released: EPS: CN¥0.091 (vs CN¥0.035 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.091 (up from CN¥0.035 in 2Q 2022). Revenue: CN¥264.5m (up 8.7% from 2Q 2022). Net income: CN¥20.8m (up 190% from 2Q 2022). Profit margin: 7.9% (up from 3.0% in 2Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in China. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Jul 01
Chang Lan Electric Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Chang Lan Electric Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Upcoming Dividend • May 02
Upcoming dividend of CN¥0.15 per share at 1.0% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 08 May 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.0%. Lower than top quartile of Chinese dividend payers (2.0%). In line with average of industry peers (1.0%). 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¥16.41, the stock trades at a trailing P/E ratio of 59.8x. Average trailing P/E is 36x in the Electrical industry in China. Negligible returns to shareholders over past three years. Board Change • Nov 16
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. CFO, Secretary & Non-Independent Director Ping Huang was the last independent director to join the board, commencing their role in 2020. 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 • Oct 18
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥15.22, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 34x in the Electrical industry in China. Total returns to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥18.02, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 29% over the past three years. Board Change • Jun 28
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. CFO, Secretary & Non-Independent Director Ping Huang was the last independent director to join the board, commencing their role in 2020. 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 • Jun 21
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥16.33, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 37x in the Electrical industry in China. Total returns to shareholders of 23% over the past three years. Announcement • Apr 20
Chang Lan Electric Technology Co.,Ltd. Approves Cash Dividend for the Year of 2022 Chang Lan Electric Technology Co.,Ltd. approved cash dividend of CNY 2.20000000 per 10 shares (tax included), for the year of 2022, at its Annual General Meeting held on 15 April 2022. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥22.41, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 40x in the Electrical industry in China. Total returns to shareholders of 74% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥21.88, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 45x in the Electrical industry in China. Total returns to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥16.90, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 41x in the Electrical industry in China. Total returns to shareholders of 43% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥18.21, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 40x in the Electrical industry in China. Total returns to shareholders of 41% over the past three years. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.34 (vs CN¥0.28 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥315.8m (up 23% from 2Q 2020). Net income: CN¥60.0m (up 19% from 2Q 2020). Profit margin: 19% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Announcement • May 22
Chang Lan Electric Technology Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2020, Payable on 28 May 2021 Chang Lan Electric Technology Co.,Ltd. announced final cash dividend (tax included) of CNY 2.30000000 per 10 shares (A shares) for the year 2020. The dividend is payable on 28 May 2021 to shareholders on record of 27 May 2021 with ex-date as 28 May 2021. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥12.79 The company is down 22% from its price of CN¥16.38 on 05 November 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 17% over the same period. Announcement • Jan 22
Chang Lan Electric Technology Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 16, 2021 Chang Lan Electric Technology Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 16, 2021 Is New 90 Day High Low • Jan 06
New 90-day low: CN¥14.42 The company is down 10.0% from its price of CN¥16.00 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 Electrical industry, which is up 39% over the same period. Announcement • Dec 23
Chang Lan Electric Technology Co.,Ltd. Announces Management Changes Chang Lan Electric Technology Co.,Ltd. at its EGM held on 18 December 2020 approved election of Zhao Jiankang as independent director and election of Xia Lan as non-employee supervisor. Is New 90 Day High Low • Dec 08
New 90-day low: CN¥15.70 The company is down 7.0% from its price of CN¥16.94 on 09 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 Electrical industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥15.89 The company is down 9.0% from its price of CN¥17.40 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 6.0% over the same period. Announcement • Oct 17
Chang Lan Electric Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 23, 2020 Chang Lan Electric Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 23, 2020 Is New 90 Day High Low • Oct 04
New 90-day low: CN¥16.00 The company is down 3.0% from its price of CN¥16.52 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 9.0% over the same period. Announcement • Jul 23
Chang Lan Electric Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 18, 2020 Chang Lan Electric Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 18, 2020 
