Announcement • Jul 01
Shenzhen Aoni Electronic Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Shenzhen Aoni Electronic Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.14 (vs CN¥0.23 loss in 1Q 2025) First quarter 2026 results: EPS: CN¥0.14 (up from CN¥0.23 loss in 1Q 2025). Revenue: CN¥353.6m (up 165% from 1Q 2025). Net income: CN¥16.4m (up CN¥43.5m from 1Q 2025). Profit margin: 4.6% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance. Announcement • Apr 25
Shenzhen Aoni Electronic Co., Ltd., Annual General Meeting, May 21, 2026 Shenzhen Aoni Electronic Co., Ltd., Annual General Meeting, May 21, 2026, at 15:00 China Standard Time. Location: 4F, Factory Building 5, Honghui Industrial Park, Liuxian 2nd Road, Xin'an Subdistrict, Bao'an District, Shenzhen, Guangdong China New Risk • Apr 10
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 8.6% 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 78% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • Mar 31
Shenzhen Aoni Electronic Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Shenzhen Aoni Electronic Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Announcement • Dec 31
Shenzhen Aoni Electronic Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Shenzhen Aoni Electronic Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Announcement • Nov 28
Shenzhen Aoni Electronic Co., Ltd. Approves Board Elections Shenzhen Aoni Electronic Co., Ltd. held its third extraordinary general meeting of 2025 on 26 November 2025, the shareholder approved Li Biaozheng and Lv Gang as independent directors of the company. Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.22 loss per share (vs CN¥0.13 loss in 3Q 2024) Third quarter 2025 results: CN¥0.22 loss per share (further deteriorated from CN¥0.13 loss in 3Q 2024). Revenue: CN¥355.2m (up 161% from 3Q 2024). Net loss: CN¥25.9m (loss widened 80% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Shenzhen Aoni Electronic Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shenzhen Aoni Electronic Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Sep 02
Second quarter 2025 earnings released: CN¥0.32 loss per share (vs CN¥0.11 loss in 2Q 2024) Second quarter 2025 results: CN¥0.32 loss per share (further deteriorated from CN¥0.11 loss in 2Q 2024). Revenue: CN¥153.8m (up 24% from 2Q 2024). Net loss: CN¥37.0m (loss widened 181% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Announcement • Jul 02
Shenzhen Aoni Electronic Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shenzhen Aoni Electronic Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • Apr 26
Full year 2024 earnings released: CN¥0.75 loss per share (vs CN¥0.20 loss in FY 2023) Full year 2024 results: CN¥0.75 loss per share (further deteriorated from CN¥0.20 loss in FY 2023). Revenue: CN¥554.6m (up 5.8% from FY 2023). Net loss: CN¥86.4m (loss widened 283% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Announcement • Apr 26
Shenzhen Aoni Electronic Co., Ltd., Annual General Meeting, May 21, 2025 Shenzhen Aoni Electronic Co., Ltd., Annual General Meeting, May 21, 2025, at 14:30 China Standard Time. Location: 4F, Factory Building 5, Honghui Industrial Park, Liuxian 2nd Road, Xin'an Subdistrict, Bao'an District, Shenzhen, Guangdong China New Risk • Apr 07
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 10% 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 59% per year over the past 5 years. Announcement • Mar 31
Shenzhen Aoni Electronic Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Shenzhen Aoni Electronic Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 New Risk • Feb 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 9.2% 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 (9.2% average weekly change). Announcement • Dec 31
Shenzhen Aoni Electronic Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Shenzhen Aoni Electronic Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.002 loss in 3Q 2023) Third quarter 2024 results: CN¥0.13 loss per share (further deteriorated from CN¥0.002 loss in 3Q 2023). Revenue: CN¥135.9m (down 11% from 3Q 2023). Net loss: CN¥14.4m (loss widened CN¥13.9m from 3Q 2023). Announcement • Sep 30
Shenzhen Aoni Electronic Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shenzhen Aoni Electronic Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.018 profit in 2Q 2023) Second quarter 2024 results: CN¥0.11 loss per share (down from CN¥0.018 profit in 2Q 2023). Revenue: CN¥123.8m (down 2.9% from 2Q 2023). Net loss: CN¥13.2m (down CN¥14.5m from profit in 2Q 2023). Announcement • Jun 29
Shenzhen Aoni Electronic Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Shenzhen Aoni Electronic Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • May 04
First quarter 2024 earnings released: CN¥0.06 loss per share (vs CN¥0.02 loss in 1Q 2023) First quarter 2024 results: CN¥0.06 loss per share (further deteriorated from CN¥0.02 loss in 1Q 2023). Revenue: CN¥113.9m (down 6.2% from 1Q 2023). Net loss: CN¥6.87m (loss widened 200% from 1Q 2023). Announcement • Apr 30
Shenzhen Aoni Electronic Co., Ltd., Annual General Meeting, May 21, 2024 Shenzhen Aoni Electronic Co., Ltd., Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: 4F, Factory Building 5, Honghui Industrial Park, Liuxian 2nd Road, Xin'an Subdistrict, Bao'an District, Shenzhen, Guangdong China Announcement • Mar 30
Shenzhen Aoni Electronic Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Shenzhen Aoni Electronic Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Dec 29
Shenzhen Aoni Electronic Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Shenzhen Aoni Electronic Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: CN¥0.002 loss per share (vs CN¥0.15 profit in 3Q 2022) Third quarter 2023 results: CN¥0.002 loss per share (down from CN¥0.15 profit in 3Q 2022). Revenue: CN¥152.2m (down 7.6% from 3Q 2022). Net loss: CN¥491.6k (down 103% from profit in 3Q 2022). New Risk • Oct 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 36% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 282% Paying a dividend despite having no free cash flows. Earnings have declined by 11% per year over the past 5 years. High level of non-cash earnings (36% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.8% net profit margin). New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 4.0% 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 Earnings have declined by 4.0% per year over the past 5 years. High level of non-cash earnings (42% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.8% net profit margin). Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.018 (vs CN¥0.19 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.018 (down from CN¥0.19 in 2Q 2022). Revenue: CN¥127.5m (down 40% from 2Q 2022). Net income: CN¥1.35m (down 94% from 2Q 2022). Profit margin: 1.1% (down from 10% in 2Q 2022). Announcement • Jun 15
Shenzhen Aoni Electronic Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 21 June 2023 Shenzhen Aoni Electronic Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 2.00000000 for the year 2022, payable on 21 June 2023. Record date is 20 June 2023. Ex-date is 21 June 2023. Announcement • May 24
Shenzhen Aoni Electronic Co., Ltd. Approves Cash Dividend for the Year 2022 Shenzhen Aoni Electronic Co., Ltd. announced that at its AGM held on May 19, 2023, shareholders approved the cash dividend of CNY 2.00 per 10 shares (tax included) for the year 2022. Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: CN¥0.55 (vs CN¥1.47 in FY 2021) Full year 2022 results: EPS: CN¥0.55 (down from CN¥1.47 in FY 2021). Revenue: CN¥668.1m (down 30% from FY 2021). Net income: CN¥63.5m (down 49% from FY 2021). Profit margin: 9.5% (down from 13% in FY 2021). Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥38.89, the stock trades at a trailing P/E ratio of 57.2x. Average trailing P/E is 26x in the Consumer Durables industry in China. Total loss to shareholders of 2.1% over the past year. Board Change • Jan 01
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Supervisor Wenling Huang is the most experienced director on the board, commencing their role in 2016. 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 • Dec 13
Shenzhen Aoni Electronic Co., Ltd. Approves Board Changes Shenzhen Aoni Electronic Co., Ltd. its 3rd Extraordinary General Meeting of 2022 held on 09 December 2022, approved election of non-independent directors: Huang Li; Wu Wenhua; and Wu Wenjian. Election of independent directors, cumulative voting system applicable: ZHAO YONG; Fan Congming and Tang An. Election of non-employee supervisors, cumulative voting system applicable: Zeng Lianfeng and Wugui Shuisheng. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director An Tang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.33 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.33 in 3Q 2021). Revenue: CN¥164.8m (down 30% from 3Q 2021). Net income: CN¥17.2m (down 38% from 3Q 2021). Profit margin: 10% (down from 12% in 3Q 2021). Reported Earnings • Aug 28
Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.25 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.19. Revenue: CN¥213.2m (down 9.6% from 2Q 2021). Net income: CN¥22.1m (up 3.3% from 2Q 2021). Profit margin: 10% (up from 9.1% in 2Q 2021). Announcement • May 27
Shenzhen Aoni Electronic Co., Ltd. Announces Final Cash Dividend on A Shares for 2021, Payable on 31 May 2022 Shenzhen Aoni Electronic Co., Ltd. announced final cash dividend of CNY 3.00000000 per 10 shares on A shares for 2021. Record date is 30 May 2022, Ex-date is 31 May 2022 and Payment date is 31 May 2022. Announcement • May 20
Shenzhen Aoni Electronic Co., Ltd. Approves Cash Dividend for the Year 2021 Shenzhen Aoni Electronic Co., Ltd. approved cash dividend (tax included) is CNY 3.00000 per 10 shares for the year 2021, at the AGM held on May 18, 2022. Announcement • Apr 28
Shenzhen Aoni Electronic Co., Ltd. Proposes Final Cash Dividend for the Year 2021 Shenzhen Aoni Electronic Co., Ltd. proposed final cash dividend of CNY 3.00000000 per 10 shares (tax included) for the year 2021. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.