Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥17.54, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 45x in the Electrical industry in China. Total loss to shareholders of 8.1% over the past three years. Buy Or Sell Opportunity • Jul 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to CN¥21.11. The fair value is estimated to be CN¥26.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 4.6%. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥23.50, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 52x in the Electrical industry in China. Total returns to shareholders of 18% over the past three years. Declared Dividend • Jul 06
Dividend of CN¥0.25 announced Shareholders will receive a dividend of CN¥0.25. Ex-date: 10th July 2026 Payment date: 10th July 2026 Dividend yield will be 1.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 21% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 2.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 30
Anhui Coreach Technology Co.,Ltd to Report First Half, 2026 Results on Aug 20, 2026 Anhui Coreach Technology Co.,Ltd announced that they will report first half, 2026 results on Aug 20, 2026 Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥22.72, the stock trades at a trailing P/E ratio of 46.2x. Average trailing P/E is 61x in the Electrical industry in China. Total returns to shareholders of 3.2% over the past three years. Reported Earnings • Apr 22
First quarter 2026 earnings released: EPS: CN¥0.14 (vs CN¥0.21 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.14 (down from CN¥0.21 in 1Q 2025). Revenue: CN¥226.1m (down 13% from 1Q 2025). Net income: CN¥30.5m (down 34% from 1Q 2025). Profit margin: 14% (down from 18% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Apr 21
Anhui Coreach Technology Co.,Ltd, Annual General Meeting, May 20, 2026 Anhui Coreach Technology Co.,Ltd, Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China Buy Or Sell Opportunity • Apr 21
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 6.0% to CN¥25.17. The fair value is estimated to be CN¥20.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 5.8%. Announcement • Mar 31
Anhui Coreach Technology Co.,Ltd to Report Q1, 2026 Results on Apr 22, 2026 Anhui Coreach Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 22, 2026 Buy Or Sell Opportunity • Mar 05
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to CN¥25.41. The fair value is estimated to be CN¥20.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 5.8%. New Risk • Feb 24
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 7.4% 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jan 27
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to CN¥24.65. The fair value is estimated to be CN¥20.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has grown by 5.8%. Announcement • Dec 31
Anhui Coreach Technology Co.,Ltd to Report Fiscal Year 2025 Results on Apr 22, 2026 Anhui Coreach Technology Co.,Ltd announced that they will report fiscal year 2025 results on Apr 22, 2026 Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥23.85, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 49x in the Electrical industry in China. Total returns to shareholders of 59% over the past three years. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.12 (up from CN¥0.10 in 3Q 2024). Revenue: CN¥241.6m (down 14% from 3Q 2024). Net income: CN¥27.7m (up 29% from 3Q 2024). Profit margin: 12% (up from 7.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Announcement • Sep 30
Anhui Coreach Technology Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Anhui Coreach Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jul 02
Anhui Coreach Technology Co.,Ltd to Report First Half, 2025 Results on Aug 28, 2025 Anhui Coreach Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 25
Anhui Coreach Technology Co.,Ltd Proposes Final Cash Dividend for 2024 Anhui Coreach Technology Co.,Ltd announced on 23 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 2.50000000. Announcement • Apr 24
Anhui Coreach Technology Co.,Ltd (SZSE:002983) announces an Equity Buyback for CNY 20 million worth of its shares. Anhui Coreach Technology Co.,Ltd (SZSE:002983) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at a price not more than CNY 26.96 per share. The repurchases will be funded from company's own funds or special loan funds for stock repurchase. The repurchased shares will be used to implement the equity incentive plan in the future. The authorization will be valid for a period of 12 months. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥18.49, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 36x in the Electrical industry in China. Total returns to shareholders of 26% over the past three years. Announcement • Apr 23
Anhui Coreach Technology Co.,Ltd, Annual General Meeting, May 20, 2025 Anhui Coreach Technology Co.,Ltd, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China 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¥15.05, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 34x in the Electrical industry in China. Total returns to shareholders of 8.3% over the past three years. Announcement • Mar 31
Anhui Coreach Technology Co.,Ltd to Report Q1, 2025 Results on Apr 23, 2025 Anhui Coreach Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 23, 2025 Announcement • Dec 31
Anhui Coreach Technology Co.,Ltd to Report Fiscal Year 2024 Results on Apr 23, 2025 Anhui Coreach Technology Co.,Ltd announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.23 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.23 in 3Q 2023). Revenue: CN¥282.1m (down 27% from 3Q 2023). Net income: CN¥21.4m (down 55% from 3Q 2023). Profit margin: 7.6% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Oct 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 27% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Sep 30
Anhui Coreach Technology Co.,Ltd to Report Q3, 2024 Results on Oct 28, 2024 Anhui Coreach Technology 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 20% After last week's 20% share price gain to CN¥20.09, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 29x in the Electrical industry in China. Total returns to shareholders of 28% over the past three years. New Risk • Sep 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 6.7% 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 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 (6.7% average weekly change). Announcement • Jun 29
Anhui Coreach Technology Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024 Anhui Coreach Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024 Declared Dividend • Jun 11
Dividend increased to CN¥0.35 Dividend of CN¥0.35 is 41% higher than last year. Ex-date: 18th June 2024 Payment date: 18th June 2024 Dividend yield will be 1.7%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 98% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 08
Anhui Coreach Technology Co.,Ltd Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2023, Payable on 18 June 2024 Anhui Coreach Technology Co.,Ltd announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 3.49343800 for the year 2023, payable on 18 June 2024. Record date: 17 June 2024. Ex-date: 18 June 2024. New Risk • May 06
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). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥20.22, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Electrical industry in China. Total loss to shareholders of 12% over the past three years. Announcement • Mar 30
Anhui Coreach Technology Co.,Ltd to Report Q1, 2024 Results on Apr 23, 2024 Anhui Coreach Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 23, 2024 Announcement • Mar 27
Anhui Coreach Technology Co.,Ltd, Annual General Meeting, Apr 19, 2024 Anhui Coreach Technology Co.,Ltd, Annual General Meeting, Apr 19, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥22.41, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electrical industry in China. Total returns to shareholders of 27% over the past three years. 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 6.4% 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 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 (6.4% average weekly change). Announcement • Dec 30
Anhui Coreach Technology Co.,Ltd to Report Fiscal Year 2023 Results on Mar 27, 2024 Anhui Coreach Technology Co.,Ltd announced that they will report fiscal year 2023 results on Mar 27, 2024 Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥32.40, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 35x in the Electrical industry in China. Total returns to shareholders of 25% over the past three years. Reported Earnings • Oct 21
Third quarter 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.16 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.27 (up from CN¥0.16 in 3Q 2022). Revenue: CN¥386.8m (up 42% from 3Q 2022). Net income: CN¥47.9m (up 59% from 3Q 2022). Profit margin: 12% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jul 01
Anhui Coreach Technology Co.,Ltd to Report First Half, 2023 Results on Aug 21, 2023 Anhui Coreach Technology Co.,Ltd announced that they will report first half, 2023 results on Aug 21, 2023 New Risk • Jun 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. 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). High level of non-cash earnings (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Jun 15
Anhui Coreach Technology Co.,Ltd Announces Final Dividend on A Shares for the Year 2022, Payable on June 21, 2023 Anhui Coreach Technology Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 2.47814900 on A shares for the year 2022. Record date is June 20, 2023. Ex-date is May June 21, 2023. Payment date is June 21, 2023. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥26.60, the stock trades at a trailing P/E ratio of 46.8x. Average trailing P/E is 36x in the Electrical industry in China. Total loss to shareholders of 33% over the past three years. Reported Earnings • Apr 24
Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.14 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.14 in 3Q 2021). Revenue: CN¥271.6m (flat on 3Q 2021). Net income: CN¥30.1m (up 14% from 3Q 2021). Profit margin: 11% (up from 9.6% in 3Q 2021). Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥22.95, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 36x in the Electrical industry in China. Total returns to shareholders of 23% over the past year. Announcement • Jan 11
Anhui Coreach Technology Co.,Ltd Approves Management Appointments Anhui Coreach Technology Co.,Ltd at its Extraordinary General Meeting held on 09 January 2023, approved election of Tang Xiansheng, Wang Guangzhao, Li Quanyong, Wu Jiang, and Zhang Honggui as non-independent directors; election of Huang Heshu, Liu Zhiying, and Lv Guoqiang as independent directors; and election of Tao Li as non-employee supervisor. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥25.91, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 37x in the Electrical industry in China. Total returns to shareholders of 17% over the past year. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.092 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.092 in 2Q 2021). Revenue: CN¥220.3m (up 34% from 2Q 2021). Net income: CN¥26.6m (up 54% from 2Q 2021). Profit margin: 12% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Announcement • Jul 02
Anhui Coreach Technology Co.,Ltd Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 11 July 2022 Anhui Coreach Technology Co.,Ltd announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included): CNY 2.00000000. Record date is 8 July 2022, Ex-date is 11 July 2022 and payment date is 11 July 2022. Announcement • May 24
Anhui Coreach Technology Co.,Ltd Approves Cash Dividend for the Year 2021 Anhui Coreach Technology Co.,Ltd announced that at its Annual General Meeting held on 20 May 2022, approved cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2021. Announcement • Apr 21
Anhui Coreach Technology Co.,Ltd Proposes Final Dividend for the Year 2021 Anhui Coreach Technology Co.,Ltd proposed cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2021. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥23.97, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 46x in the Electrical industry in China. Total loss to shareholders of 17% over the past year. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥25.29, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 36x in the Electrical industry in China. Total loss to shareholders of 26% over the past year. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥29.15, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 34x in the Electrical industry in China. Announcement • Feb 25
Anhui Coreach Technology Co.,Ltd to Report Fiscal Year 2020 Results on Mar 31, 2021 Anhui Coreach Technology Co.,Ltd announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Jan 29
New 90-day low: CN¥25.20 The company is down 25% from its price of CN¥33.72 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 24% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥28.26 The company is down 25% from its price of CN¥37.60 on 09 October 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 38% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥33.13 The company is down 13% from its price of CN¥37.99 on 23 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 23% over the same period. Is New 90 Day High Low • Nov 26
New 90-day low: CN¥33.40 The company is down 19% from its price of CN¥41.17 on 28 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥35.11 The company is down 27% from its price of CN¥47.87 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 Electrical industry, which is up 8.0% over the same period. Announcement • Oct 16
Anhui Coreach Technology Co.,Ltd to Report Q3, 2020 Results on Oct 22, 2020 Anhui Coreach Technology Co.,Ltd announced that they will report Q3, 2020 results on Oct 22, 2020 Announcement • Jul 18
Anhui Coreach Technology Co.,Ltd to Report First Half, 2020 Results on Aug 15, 2020 Anhui Coreach Technology Co.,Ltd announced that they will report first half, 2020 results on Aug 15, 2020