Announcement • Jun 30
Sunfly Intelligent Technology Co., LTD to Report First Half, 2026 Results on Aug 28, 2026 Sunfly Intelligent Technology Co., LTD announced that they will report first half, 2026 results on Aug 28, 2026 Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Deputy GM, Secretary of the Board of Director & Non-Independent Director Haibo Tan was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 28
Sunfly Intelligent Technology Co., LTD, Annual General Meeting, May 21, 2026 Sunfly Intelligent Technology Co., LTD, Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Foshan, Guangdong China Announcement • Mar 31
Sunfly Intelligent Technology Co., LTD to Report Q1, 2026 Results on Apr 28, 2026 Sunfly Intelligent Technology Co., LTD announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Sunfly Intelligent Technology Co., LTD to Report Fiscal Year 2025 Results on Apr 28, 2026 Sunfly Intelligent Technology Co., LTD announced that they will report fiscal year 2025 results on Apr 28, 2026 Announcement • Sep 30
Sunfly Intelligent Technology Co., LTD to Report Q3, 2025 Results on Oct 29, 2025 Sunfly Intelligent Technology Co., LTD announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Sunfly Intelligent Technology Co., LTD to Report First Half, 2025 Results on Aug 29, 2025 Sunfly Intelligent Technology Co., LTD announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Apr 28
Sunfly Intelligent Technology Co., LTD, Annual General Meeting, May 21, 2025 Sunfly Intelligent Technology Co., LTD, Annual General Meeting, May 21, 2025, at 14:30 China Standard Time. Location: Meeting Room of Sunfly Holdings Co., Ltd., Foshan, Guangdong China Announcement • Mar 31
Sunfly Intelligent Technology Co., LTD to Report Q1, 2025 Results on Apr 28, 2025 Sunfly Intelligent Technology Co., LTD announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
Sunfly Intelligent Technology Co., LTD to Report Fiscal Year 2024 Results on Apr 28, 2025 Sunfly Intelligent Technology Co., LTD announced that they will report fiscal year 2024 results on Apr 28, 2025 Board Change • Nov 15
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Deputy GM, Secretary of the Board of Director & Non-Independent Director Haibo Tan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 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 10% 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 68% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.009 (vs CN¥0.029 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.009 (down from CN¥0.029 in 3Q 2023). Revenue: CN¥423.7m (down 19% from 3Q 2023). Net income: CN¥4.36m (down 69% from 3Q 2023). Profit margin: 1.0% (down from 2.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Sunfly Intelligent Technology Co., LTD to Report Q3, 2024 Results on Oct 24, 2024 Sunfly Intelligent Technology Co., LTD announced that they will report Q3, 2024 results on Oct 24, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥1.18 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.014 (up from CN¥1.18 loss in 2Q 2023). Revenue: CN¥365.2m (down 44% from 2Q 2023). Net income: CN¥6.80m (up CN¥572.5m from 2Q 2023). Profit margin: 1.9% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
Sunfly Intelligent Technology Co., LTD to Report First Half, 2024 Results on Aug 30, 2024 Sunfly Intelligent Technology Co., LTD announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • May 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥257m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥257m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 69% per year over the past 5 years. Announcement • May 12
Sunfly Intelligent Technology Co., LTD, Annual General Meeting, May 31, 2024 Sunfly Intelligent Technology Co., LTD, Annual General Meeting, May 31, 2024, at 14:30 China Standard Time. Reported Earnings • Apr 29
Full year 2023 earnings released: CN¥3.41 loss per share (vs CN¥1.97 loss in FY 2022) Full year 2023 results: CN¥3.41 loss per share (further deteriorated from CN¥1.97 loss in FY 2022). Revenue: CN¥2.00b (down 6.7% from FY 2022). Net loss: CN¥1.70b (loss widened 73% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Sunfly Intelligent Technology Co., LTD to Report Q1, 2024 Results on Apr 29, 2024 Sunfly Intelligent Technology Co., LTD announced that they will report Q1, 2024 results on Apr 29, 2024 New Risk • Jan 22
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 6.2% 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 59% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Announcement • Dec 30
Sunfly Intelligent Technology Co., LTD to Report Fiscal Year 2023 Results on Apr 26, 2024 Sunfly Intelligent Technology Co., LTD announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.029 (vs CN¥0.05 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.029 (down from CN¥0.05 in 3Q 2022). Revenue: CN¥524.5m (up 8.5% from 3Q 2022). Net income: CN¥14.2m (down 44% from 3Q 2022). Profit margin: 2.7% (down from 5.2% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥1.18 loss per share (vs CN¥0.12 profit in 2Q 2022) Second quarter 2023 results: CN¥1.18 loss per share (down from CN¥0.12 profit in 2Q 2022). Revenue: CN¥653.3m (down 8.3% from 2Q 2022). Net loss: CN¥565.7m (down CN¥625.0m from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Announcement • May 19
Sunfly Intelligent Technology Co., Ltd Approves Dividend for the 2022 Sunfly Intelligent Technology Co., LTD approves cash dividend of (tax included) CNY 0.32000000 per 10 shares at its Annual General Meeting held on 16 May 2023. Reported Earnings • Apr 23
Full year 2022 earnings released: CN¥1.97 loss per share (vs CN¥0.42 profit in FY 2021) Full year 2022 results: CN¥1.97 loss per share (down from CN¥0.42 profit in FY 2021). Revenue: CN¥2.15b (down 21% from FY 2021). Net loss: CN¥981.5m (down CN¥1.19b from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥11.55, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 38x in the Electrical industry in China. Total loss to shareholders of 9.6% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. 4 independent directors (5 non-independent directors). Non-Independent Director Xuezhou Zhang was the last independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.049 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.05 (up from CN¥0.049 in 3Q 2021). Revenue: CN¥483.3m (down 32% from 3Q 2021). Net income: CN¥25.3m (up 6.2% from 3Q 2021). Profit margin: 5.2% (up from 3.3% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.19 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.19 in 2Q 2021). Revenue: CN¥712.2m (up 7.6% from 2Q 2021). Net income: CN¥59.3m (down 38% from 2Q 2021). Profit margin: 8.3% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% 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. Buying Opportunity • Aug 26
Now 20% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be CN¥13.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 22%. Buying Opportunity • Aug 03
Now 21% undervalued Over the last 90 days, the stock is up 23%. The fair value is estimated to be CN¥13.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 22%. Buying Opportunity • Jul 16
Now 22% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be CN¥14.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 22%. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.12 (vs CN¥0.12 in 1Q 2021). Revenue: CN¥549.9m (up 13% from 1Q 2021). Net income: CN¥59.6m (up 1.8% from 1Q 2021). Profit margin: 11% (down from 12% in 1Q 2021). The decrease in margin was driven by higher expenses. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Non-Independent Director Xuezhou Zhang was the last independent 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥12.44, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 38x in the Electrical industry in China. Total returns to shareholders of 4.0% over the past year. Board Change • Oct 01
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. Non-Independent Director Xuezhou Zhang was the last independent director to join the board, commencing their role in 2019. 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 • Sep 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥11.76, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 28x in the Electrical industry in China. Total loss to shareholders of 20% over the past year. Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.40 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥661.9m (down 50% from 2Q 2020). Net income: CN¥95.9m (down 53% from 2Q 2020). Profit margin: 14% (down from 16% in 2Q 2020). The decrease in margin was driven by lower revenue. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥1.17 (vs CN¥1.22 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥4.19b (up 6.4% from FY 2019). Net income: CN¥577.4m (down 2.6% from FY 2019). Profit margin: 14% (down from 15% in FY 2019). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 11
Full year 2020 earnings released: EPS CN¥1.17 (vs CN¥1.22 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥4.19b (up 6.4% from FY 2019). Net income: CN¥579.6m (down 2.3% from FY 2019). Profit margin: 14% (down from 15% in FY 2019). The decrease in margin was driven by higher expenses. Analyst Estimate Surprise Post Earnings • Mar 11
Revenue misses expectations Revenue missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 40%, compared to a 49% growth forecast for the Electrical industry in China. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥11.56 The company is down 25% from its price of CN¥15.44 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 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥59.95 per share. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥11.86 The company is down 23% from its price of CN¥15.37 on 14 October 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 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥60.15 per share. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥12.53 The company is down 16% from its price of CN¥14.83 on 25 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 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥62.09 per share. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥14.04 The company is down 18% from its price of CN¥17.18 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 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥53.17 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥612.5m, up 11% from the prior year. Total revenue was CN¥4.12b over the last 12 months, up 12% from the prior year. 
