Announcement • Apr 28
Aishida Co., Ltd, Annual General Meeting, May 19, 2026 Aishida Co., Ltd, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jiaxing, Zhejiang China Announcement • Mar 31
Aishida Co., Ltd to Report Q1, 2026 Results on Apr 30, 2026 Aishida Co., Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
Aishida Co., Ltd to Report Fiscal Year 2025 Results on Apr 28, 2026 Aishida Co., Ltd announced that they will report fiscal year 2025 results on Apr 28, 2026 Board Change • Dec 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Hongmei Sun 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. Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.015 profit in 3Q 2024) Third quarter 2025 results: CN¥0.13 loss per share (down from CN¥0.015 profit in 3Q 2024). Revenue: CN¥683.7m (down 17% from 3Q 2024). Net loss: CN¥61.8m (down CN¥67.0m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Aishida Co., Ltd to Report Q3, 2025 Results on Oct 31, 2025 Aishida Co., Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 02
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 40% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Sep 02
Second quarter 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.065 loss in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.26 (up from CN¥0.065 loss in 2Q 2024). Revenue: CN¥1.00b (up 65% from 2Q 2024). Net income: CN¥33.2m (up CN¥57.2m from 2Q 2024). Profit margin: 3.3% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 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 6.6% 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 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Announcement • Jul 02
Aishida Co., Ltd to Report First Half, 2025 Results on Aug 28, 2025 Aishida Co., Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • May 23
Aishida Co., Ltd (SZSE:002403) signed a letter of intent to acquire 7% stake in Zhejiang Qianjiang robot Co., Ltd. from Shanghai Bohui Yugu Management Consulting Partnership Enterprise (Limited Partnership) for CNY 13.1 million. Aishida Co., Ltd (SZSE:002403) signed a letter of intent to acquire 7% stake in Zhejiang Qianjiang robot Co., Ltd. from Shanghai Bohui Yugu Management Consulting Partnership Enterprise (Limited Partnership) for CNY 13.1 million on May 21, 2025. Aishida Co., Ltd (the Company) planned to sign the “equity transfer contract” with Shanghai Bohui Yugu Management Consulting Partnership Enterprise. First installment of CNY 9.82 million to be paid after the signing of the contract, to be paid before August 30, 2025 and Second installment of CNY 3.27 million to be paid before August 30, 2026. Zhejiang Qianjiang robot has reported total assets of CNY 249.5 million and net assets of CNY 189.24 million on March 31, 2025.
The transaction is subject to approval of offer by Aishida board. The deal has been approved by the board of Aishida on May 21, 2025. Reported Earnings • May 02
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥0.04 (up from CN¥1.11 loss in FY 2023). Revenue: CN¥2.93b (up 19% from FY 2023). Net income: CN¥15.1m (up CN¥393.5m from FY 2023). Profit margin: 0.5% (up from net loss in FY 2023). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • Apr 28
Aishida Co., Ltd, Annual General Meeting, May 19, 2025 Aishida Co., Ltd, Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Location: 8F, No. 2, Keji Road, Economic Development Zone, Wenling, Zhejiang China Announcement • Mar 31
Aishida Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025 Aishida Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Aishida Co., Ltd to Report Fiscal Year 2024 Results on Apr 28, 2025 Aishida Co., Ltd announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: CN¥823.5m (up 29% from 3Q 2023). Net income: CN¥5.22m (up CN¥83.1m from 3Q 2023). Profit margin: 0.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Sep 30
Aishida Co., Ltd to Report Q3, 2024 Results on Oct 31, 2024 Aishida Co., Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.065 loss per share (vs CN¥0.089 loss in 2Q 2023) Second quarter 2024 results: CN¥0.065 loss per share (improved from CN¥0.089 loss in 2Q 2023). Revenue: CN¥606.8m (up 5.3% from 2Q 2023). Net loss: CN¥24.1m (loss narrowed 14% from 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. New Risk • Aug 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 7.3% 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 Debt is not well covered by operating cash flow (7.5% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Jun 29
Aishida Co., Ltd to Report First Half, 2024 Results on Aug 31, 2024 Aishida Co., Ltd announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • Apr 30
Aishida Co., Ltd, Annual General Meeting, May 24, 2024 Aishida Co., Ltd, Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wenling, Zhejiang China Announcement • Mar 30
Aishida Co., Ltd to Report Q1, 2024 Results on Apr 29, 2024 Aishida Co., Ltd announced that they will report Q1, 2024 results on Apr 29, 2024 Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Independent Director Yunxia Bai was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Dec 30
Aishida Co., Ltd to Report Fiscal Year 2023 Results on Apr 29, 2024 Aishida Co., Ltd announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.011 profit in 3Q 2022) Third quarter 2023 results: CN¥0.21 loss per share (down from CN¥0.011 profit in 3Q 2022). Revenue: CN¥639.0m (down 12% from 3Q 2022). Net loss: CN¥77.8m (down CN¥81.9m from profit in 3Q 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. Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.089 loss per share (vs CN¥0.034 profit in 2Q 2022) Second quarter 2023 results: CN¥0.089 loss per share (down from CN¥0.034 profit in 2Q 2022). Revenue: CN¥576.4m (down 22% from 2Q 2022). Net loss: CN¥28.0m (down 285% 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 98 percentage points per year, which is a significant difference in performance. New Risk • Jul 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 7.1% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Earnings have declined by 55% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). New Risk • Jun 20
New major risk - Revenue and earnings growth Earnings have declined by 55% 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 Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Earnings have declined by 55% per year over the past 5 years. Announcement • May 06
Aishida Co.,Ltd, Annual General Meeting, May 19, 2023 Aishida Co.,Ltd, Annual General Meeting, May 19, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual report and its summary; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider Reappointment of 2023 audit firm; to consider Termination of some projects financed with raised funds and permanently supplementing the working capital with surplus raised funds; and to consider Formulation of the remuneration management system for directors, supervisors and senior management. Price Target Changed • Nov 16
Price target decreased to CN¥7.37 Down from CN¥9.00, the current price target is provided by 1 analyst. New target price is 14% below last closing price of CN¥8.54. Stock is up 27% over the past year. The company is forecast to post a net loss per share of CN¥0.15 next year compared to a net loss per share of CN¥0.26 last year. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.011 (vs CN¥0.22 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.011 (up from CN¥0.22 loss in 3Q 2021). Revenue: CN¥728.0m (down 19% from 3Q 2021). Net income: CN¥4.07m (up CN¥19.9m from 3Q 2021). Profit margin: 0.6% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 30
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: CN¥0.08 loss per share (down from CN¥0.05 profit in 1Q 2021). Revenue: CN¥753.8m (down 7.4% from 1Q 2021). Net loss: CN¥26.8m (down 261% from profit in 1Q 2021). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Price Target Changed • Apr 27
Price target decreased to CN¥7.37 Down from CN¥9.00, the current price target is provided by 1 analyst. New target price is 12% below last closing price of CN¥8.39. Stock is up 5.7% over the past year. The company is forecast to post earnings per share of CN¥0.11 for next year compared to CN¥0.30 last year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: CN¥0.22 loss per share (vs CN¥0.02 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥896.6m (up 12% from 3Q 2020). Net loss: CN¥15.8m (down 383% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% 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. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.012 (vs CN¥0.50 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥751.1m (up 14% from 2Q 2020). Net income: CN¥4.24m (down 98% from 2Q 2020). Profit margin: 0.6% (down from 27% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • May 25
Aishida Co.,Ltd Approves Profit Distribution Proposal for 2020 Aishida Co.,Ltd, at its AGM held on May 21, 2021, approved profit distribution proposal for 2020 of CNY 0.75000000 per 10 shares (tax included). Announcement • Apr 29
Aishida Co.,Ltd Announces Profit Distribution Proposal for 2020 Aishida Co.,Ltd announced profit distribution proposal for 2020 a cash dividend per 10 shares CNY 0.75000000 (tax included). Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.30 (vs CN¥0.37 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥2.89b (down 18% from FY 2019). Net income: CN¥100.9m (down 22% from FY 2019). Profit margin: 3.5% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 10% per year. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥7.23 The company is down 13% from its price of CN¥8.31 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 Consumer Durables industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥7.52 The company is down 14% from its price of CN¥8.75 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 Consumer Durables industry, which is up 22% over the same period. Announcement • Dec 25
Aishida Co.,Ltd Approves Management Appointments Aishida Co.,Ltd at its EGM held on December 22, 2020 approved election of Xiao Lexin as non-independent directors, appointment of Bai Yunxia as independent directors and appointment of Chen Linghua as supervisors. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥7.87 The company is down 10.0% from its price of CN¥8.77 on 17 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 27
New 90-day low: CN¥8.15 The company is down 14% from its price of CN¥9.44 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥8.31 The company is down 10.0% from its price of CN¥9.21 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 Consumer Durables industry, which is up 9.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥170.0m, up 19% from the prior year. Total revenue was CN¥2.96b over the last 12 months, down 16% from the prior year. Announcement • Jun 20
Qiu Yu signed an agreement to acquire 7% stake in Zhejiang Jiate Thermal Insulation Technology Co., Ltd. from Aishida Co., Ltd. (SZSE:002403) for CNY 32.6 million. Qiu Yu signed an agreement to acquire 7% stake in Zhejiang Jiate Thermal Insulation Technology Co., Ltd. from Aishida Co., Ltd. (SZSE:002403) for CNY 32.6 million on June 16, 2020. Qiu Yu will acquire 3.5 million shares at an offer per share of CNY 9.31. Zhejiang Jiate Thermal Insulation Technology reported total revenue of CNY 514.3 million, total assets of CNY 608.3 million, operating profit of CNY 53.4 million, net profit of CNY 44.8 million and net assets of CNY 404.6 million for the year ending, December 31, 2019. The transaction is subject to approval by the shareholders of Aishida and was approved by its Board.