Announcement • Jul 01
Saimo Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Saimo Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Announcement • Apr 23
Saimo Technology Co.,Ltd. announced that it expects to receive CNY 135 million in funding Saimo Technology Co.,Ltd. announced a private placement of not more than 30% of total share capital A Shares of the company at a price per share of not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of CNY 135,000,000 on April 21, 2026. The transaction involves participation from not more than 35 investors. The transaction has been approved at the 14th Meeting of the 5th Directorate and is subject to obtain approval in the Company’s Annual Shareholders Meeting of 2025. The shares cannot be transferred within 6 months from the closing date. Announcement • Apr 22
Saimo Technology Co.,Ltd., Annual General Meeting, May 15, 2026 Saimo Technology Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xuzhou, Jiangsu China Reported Earnings • Apr 22
Full year 2025 earnings released: CN¥0.08 loss per share (vs CN¥0.16 loss in FY 2024) Full year 2025 results: CN¥0.08 loss per share (improved from CN¥0.16 loss in FY 2024). Revenue: CN¥472.5m (down 14% from FY 2024). Net loss: CN¥43.0m (loss narrowed 50% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • Mar 31
Saimo Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Saimo Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Announcement • Dec 31
Saimo Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026 Saimo Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026 Announcement • Sep 30
Saimo Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Saimo Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 Announcement • Jul 02
Saimo Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Saimo Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Reported Earnings • Apr 21
Full year 2024 earnings released: CN¥0.16 loss per share (vs CN¥0.085 loss in FY 2023) Full year 2024 results: CN¥0.16 loss per share (further deteriorated from CN¥0.085 loss in FY 2023). Revenue: CN¥551.4m (down 34% from FY 2023). Net loss: CN¥86.6m (loss widened 90% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Announcement • Apr 21
Saimo Technology Co.,Ltd., Annual General Meeting, May 13, 2025 Saimo Technology Co.,Ltd., Annual General Meeting, May 13, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xuzhou, Jiangsu China Announcement • Mar 31
Saimo Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Saimo Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 New Risk • Mar 11
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 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Dec 31
Saimo Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025 Saimo Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025 Reported Earnings • Oct 23
Third quarter 2024 earnings released: CN¥0.042 loss per share (vs CN¥0.009 loss in 3Q 2023) Third quarter 2024 results: CN¥0.042 loss per share (further deteriorated from CN¥0.009 loss in 3Q 2023). Revenue: CN¥121.8m (up 1.5% from 3Q 2023). Net loss: CN¥22.3m (loss widened 349% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. New Risk • Sep 30
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 7.1% 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. This is currently the only risk that has been identified for the company. Announcement • Sep 30
Saimo Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 23, 2024 Saimo Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.015 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.021 (up from CN¥0.015 in 2Q 2023). Revenue: CN¥164.0m (down 20% from 2Q 2023). Net income: CN¥11.3m (up 44% from 2Q 2023). Profit margin: 6.9% (up from 3.9% 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 56% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jun 29
Saimo Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Saimo Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Announcement • Apr 21
Saimo Technology Co.,Ltd., Annual General Meeting, May 13, 2024 Saimo Technology Co.,Ltd., Annual General Meeting, May 13, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xuzhou, Jiangsu China Reported Earnings • Apr 20
Full year 2023 earnings released: CN¥0.085 loss per share (vs CN¥0.04 profit in FY 2022) Full year 2023 results: CN¥0.085 loss per share (down from CN¥0.04 profit in FY 2022). Revenue: CN¥835.3m (up 4.1% from FY 2022). Net loss: CN¥45.5m (down 315% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Mar 30
Saimo Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Saimo Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 New Risk • Feb 05
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 9.1% 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 Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Large one-off items impacting financial results. Announcement • Dec 29
Saimo Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Saimo Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 New Risk • Oct 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 34% 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 Share price has been highly volatile over the past 3 months (9.0% average weekly change). Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 25
Third quarter 2023 earnings released: CN¥0.009 loss per share (vs CN¥0 in 3Q 2022) Third quarter 2023 results: CN¥0.009 loss per share (further deteriorated from CN¥0 in 3Q 2022). Revenue: CN¥120.0m (down 39% from 3Q 2022). Net loss: CN¥4.97m (loss widened CN¥4.87m from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Saimo Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Saimo Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.015 (vs CN¥0.007 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.015 (up from CN¥0.007 in 2Q 2022). Revenue: CN¥203.6m (up 5.0% from 2Q 2022). Net income: CN¥7.86m (up 114% from 2Q 2022). Profit margin: 3.9% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.014 (vs CN¥0.009 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.014 (up from CN¥0.009 in 1Q 2022). Revenue: CN¥172.8m (up 6.0% from 1Q 2022). Net income: CN¥7.40m (up 50% from 1Q 2022). Profit margin: 4.3% (up from 3.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Employee Supervisor Hongyan Zhou was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0 (vs CN¥0.011 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0 (down from CN¥0.011 in 3Q 2021). Revenue: CN¥195.2m (up 11% from 3Q 2021). Net loss: CN¥94.8k (down 102% from profit in 3Q 2021). Profit margin: 0% (down from 3.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.007 (vs CN¥0.012 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.007 (down from CN¥0.012 in 2Q 2021). Revenue: CN¥193.9m (up 10.0% from 2Q 2021). Net income: CN¥3.68m (down 43% from 2Q 2021). Profit margin: 1.9% (down from 3.7% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Independent Director Aihao Gao is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 19
Saimo Technology Co.,Ltd., Annual General Meeting, May 06, 2022 Saimo Technology Co.,Ltd., Annual General Meeting, May 06, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider Remuneration plan for supervisors; to consider 2021 annual report and its summary; to consider 2021 annual accounts; to consider 2021 profit distribution plan; and to consider Remuneration plan for directors. Reported Earnings • Apr 17
Full year 2021 earnings released: CN¥0.018 loss per share (vs CN¥0.035 profit in FY 2020) Full year 2021 results: CN¥0.018 loss per share (down from CN¥0.035 profit in FY 2020). Revenue: CN¥587.4m (up 7.8% from FY 2020). Net loss: CN¥9.52m (down 150% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.011 (vs CN¥0.008 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥176.2m (up 25% from 3Q 2020). Net income: CN¥5.73m (up 33% from 3Q 2020). Profit margin: 3.3% (up from 3.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS CN¥0.012 (vs CN¥0.078 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥176.2m (down 23% from 2Q 2020). Net income: CN¥6.44m (down 85% from 2Q 2020). Profit margin: 3.7% (down from 19% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 26
First quarter 2021 earnings released: EPS CN¥0.009 (vs CN¥0.027 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥120.0m (up 213% from 1Q 2020). Net income: CN¥4.61m (up CN¥19.1m from 1Q 2020). Profit margin: 3.8% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 19% per year. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥5.05 The company is down 37% from its price of CN¥8.00 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 Machinery industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: CN¥5.80 The company is down 17% from its price of CN¥7.02 on 30 September 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: CN¥6.38 The company is down 19% from its price of CN¥7.90 on 18 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 Machinery industry, which is up 2.0% over the same period. Announcement • Nov 25
Saimo Technology Co.,Ltd. Announces Board Appointments Saimo Technology Co.,Ltd. at its EGM held on 20 November 2020, approved the appointment of Huang Xiaoning, Liu Sen, Chen Di and Li Shiwu as non-independent directors. Bai Yanchun was appointed as independent director. Zhang Yanjie and Zhou Hongyan were appointed as non-employee supervisors. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥198.7m, with losses narrowing by 6.2% from the prior year. Total revenue was CN¥559.7m over the last 12 months, up 21% from the prior year. Is New 90 Day High Low • Oct 14
New 90-day high: CN¥8.70 The company is up 76% from its price of CN¥4.93 on 16 July 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period. Announcement • Jul 17
Saimo Technology Co., Ltd. to Report First Half, 2020 Results on Jul 28, 2020 Saimo Technology Co., Ltd. announced that they will report first half, 2020 results on Jul 28, 2020