Declared Dividend • May 25
Dividend of CN¥0.34 announced Shareholders will receive a dividend of CN¥0.34. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.5% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 35% over the next year, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Apr 28
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: CN¥0.62 (down from CN¥1.27 in FY 2024). Revenue: CN¥568.4m (down 4.7% from FY 2024). Net income: CN¥36.3m (down 51% from FY 2024). Profit margin: 6.4% (down from 12% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in China. Announcement • Apr 28
Suzhou Invotech Scroll Technologies Co., Ltd., Annual General Meeting, May 19, 2026 Suzhou Invotech Scroll Technologies Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Announcement • Mar 31
Suzhou Invotech Scroll Technologies Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Suzhou Invotech Scroll Technologies Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥36.81, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 27x in the Machinery industry in China. Negligible returns to shareholders over past year. New Risk • Jan 06
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 101% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (6.9% net profit margin). Announcement • Dec 31
Suzhou Invotech Scroll Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Suzhou Invotech Scroll Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.41 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.18 (down from CN¥0.41 in 3Q 2024). Revenue: CN¥162.1m (down 3.7% from 3Q 2024). Net income: CN¥10.7m (down 56% from 3Q 2024). Profit margin: 6.6% (down from 14% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. Announcement • Sep 30
Suzhou Invotech Scroll Technologies Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Suzhou Invotech Scroll Technologies Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 02
Suzhou Invotech Scroll Technologies Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Suzhou Invotech Scroll Technologies Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • May 26
Dividend increased to CN¥0.60 Dividend of CN¥0.60 is 18% higher than last year. Ex-date: 30th May 2025 Payment date: 30th May 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 49% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • May 24
Suzhou Invotech Scroll Technologies Co., Ltd. Announces Final Cash Dividend for 2024, Payable on 30 May 2025 Suzhou Invotech Scroll Technologies Co., Ltd. announced final cash dividend of CNY 6.00000000 per 10 A shares (tax included) for 2024. Record date: 29 May 2025; Ex-date: 30 May 2025 and Payment date: 30 May 2025. Reported Earnings • Apr 28
First quarter 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.14 profit in 1Q 2024) First quarter 2025 results: CN¥0.03 loss per share (down from CN¥0.14 profit in 1Q 2024). Revenue: CN¥95.5m (flat on 1Q 2024). Net loss: CN¥2.02m (down 125% from profit in 1Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Announcement • Apr 26
Suzhou Invotech Scroll Technologies Co., Ltd., Annual General Meeting, May 19, 2025 Suzhou Invotech Scroll Technologies Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changshu, Jiangsu China Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥35.99, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the Machinery industry in China. Total loss to shareholders of 7.1% over the past year. New Risk • Apr 07
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 7.7% 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: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change). Announcement • Mar 31
Suzhou Invotech Scroll Technologies Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Suzhou Invotech Scroll Technologies Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 31
Suzhou Invotech Scroll Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Suzhou Invotech Scroll Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.41 (vs CN¥0.48 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.41 (down from CN¥0.48 in 3Q 2023). Revenue: CN¥168.3m (up 12% from 3Q 2023). Net income: CN¥24.1m (down 5.7% from 3Q 2023). Profit margin: 14% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥33.83, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Machinery industry in China. Total loss to shareholders of 42% over the past year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥37.39, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Machinery industry in China. Total loss to shareholders of 44% over the past year. Announcement • Aug 26
Suzhou Invotech Scroll Technologies Co., Ltd. (SZSE:301272) announces an Equity Buyback for CNY 32 million worth of its shares. Suzhou Invotech Scroll Technologies Co., Ltd. (SZSE:301272) announces a share repurchase program. Under the program, the company will repurchase up to its A shares for a total of CNY 32 million. The shares will be purchased at a price not exceeding CNY 51.05 per share. The repurchased shares will be used for the implementation of equity incentive plan. The program will be funded using a portion of excess funds obtained from the company’s IPO. The program will be valid for 12 months. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.69 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.38 (down from CN¥0.69 in 2Q 2023). Revenue: CN¥167.9m (down 2.9% from 2Q 2023). Net income: CN¥22.4m (down 26% from 2Q 2023). Profit margin: 13% (down from 18% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Buy Or Sell Opportunity • Jul 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to CN¥37.92. The fair value is estimated to be CN¥47.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last year, while earnings per share has been flat. Revenue is forecast to grow by 82% in 2 years. Earnings are forecast to grow by 115% in the next 2 years. Announcement • Jun 29
Suzhou Invotech Scroll Technologies Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Suzhou Invotech Scroll Technologies Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Buy Or Sell Opportunity • Jun 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to CN¥36.04. The fair value is estimated to be CN¥45.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last year, while earnings per share has been flat. Revenue is forecast to grow by 85% in 2 years. Earnings are forecast to grow by 109% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥38.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Machinery industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥45.87 per share. Announcement • May 25
Suzhou Invotech Scroll Technologies Co., Ltd. Announces Final Profit Distribution on A Share for the Year 2023, Payable on 31 May 2024 Suzhou Invotech Scroll Technologies Co., Ltd. announced final profit distribution plan to be implemented on A share cash dividend/10 shares (tax included) of CNY 5.10000000 for the year 2023. Record date: 30 May 2024. Ex-date: 31 May 2024. Payment date: 31 May 2024. Announcement • Apr 29
Suzhou Invotech Scroll Technologies Co., Ltd., Annual General Meeting, May 17, 2024 Suzhou Invotech Scroll Technologies Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changshu, Jiangsu China Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.17 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.14. Revenue: CN¥94.9m (up 17% from 1Q 2023). Net income: CN¥8.10m (up 8.2% from 1Q 2023). Profit margin: 8.5% (down from 9.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery industry in China. 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¥33.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Machinery industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥28.24 per share. Announcement • Mar 30
Suzhou Invotech Scroll Technologies Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Suzhou Invotech Scroll Technologies Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Buy Or Sell Opportunity • Feb 08
Now 31% overvalued Over the last 90 days, the stock has fallen 33% to CN¥37.80. The fair value is estimated to be CN¥28.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 104% in 2 years. Earnings are forecast to grow by 125% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥34.84, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Machinery industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.07 per share. New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥43.26, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Machinery industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.64 per share. Announcement • Dec 30
Suzhou Invotech Scroll Technologies Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Suzhou Invotech Scroll Technologies Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Aug 25
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.69. Net income: CN¥30.4m (up CN¥30.4m from 2Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Announcement • Jul 18
Suzhou Invotech Scroll Technologies Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023 Suzhou Invotech Scroll Technologies Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 
