Announcement • Apr 09
Bear Electric Appliance Co.,Ltd., Annual General Meeting, Apr 29, 2026 Bear Electric Appliance Co.,Ltd., Annual General Meeting, Apr 29, 2026, at 14:30 China Standard Time. Location: No. 22, Yanjiang North Road, Daliang Subdistrict, Shunde District, Foshan, Guangdong China Announcement • Mar 31
Bear Electric Appliance Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Bear Electric Appliance Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
Bear Electric Appliance Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 09, 2026 Bear Electric Appliance Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 09, 2026 Announcement • Sep 30
Bear Electric Appliance Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Bear Electric Appliance Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jul 02
Bear Electric Appliance Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Bear Electric Appliance Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Apr 10
Bear Electric Appliance Co.,Ltd. Proposes Cash Dividend for the Year 2024 Bear Electric Appliance Co.,Ltd. announced on 09 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 10.00000000. Announcement • Apr 09
Bear Electric Appliance Co.,Ltd., Annual General Meeting, Apr 29, 2025 Bear Electric Appliance Co.,Ltd., Annual General Meeting, Apr 29, 2025, at 14:30 China Standard Time. Location: No. 22, Yanjiang North Road, Daliang Subdistrict, Shunde District, Foshan, Guangdong China Announcement • Mar 31
Bear Electric Appliance Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Bear Electric Appliance Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Bear Electric Appliance Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 09, 2025 Bear Electric Appliance Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 09, 2025 Buy Or Sell Opportunity • Nov 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.3% to CN¥44.52. The fair value is estimated to be CN¥56.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 42% in the next 2 years. Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.50 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.50 in 3Q 2023). Revenue: CN¥1.01b (up 3.2% from 3Q 2023). Net income: CN¥19.2m (down 76% from 3Q 2023). Profit margin: 1.9% (down from 8.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Consumer Durables industry in China. 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 11% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Oct 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.8% to CN¥44.70. The fair value is estimated to be CN¥56.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 35% in the next 2 years. 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¥43.02, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Consumer Durables industry in China. Total loss to shareholders of 8.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥55.96 per share. Buy Or Sell Opportunity • Oct 12
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.7% to CN¥43.39. The fair value is estimated to be CN¥56.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 35% in the next 2 years. Announcement • Sep 30
Bear Electric Appliance Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Bear Electric Appliance Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥43.16, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 7.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥55.87 per share. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.065 (vs CN¥0.46 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.065 (down from CN¥0.46 in 2Q 2023). Revenue: CN¥937.4m (down 14% from 2Q 2023). Net income: CN¥10.1m (down 86% from 2Q 2023). Profit margin: 1.1% (down from 6.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Bear Electric Appliance Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Bear Electric Appliance Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Buy Or Sell Opportunity • Jun 04
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to CN¥61.00. The fair value is estimated to be CN¥50.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Declared Dividend • May 25
Dividend increased to CN¥1.20 Dividend of CN¥1.20 is 50% higher than last year. Ex-date: 30th May 2024 Payment date: 30th May 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 12% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 25
Bear Electric Appliance Co.,Ltd. Implements Final Cash Dividend of A Shares for 2023, Payable 30 May 2024 Bear Electric Appliance Co.,Ltd. implemented final cash dividend of A shares of CNY 12.00000000 per 10 shares (tax included) for 2023. Record date: 29 May 2024. Ex-date: 30 May 2024. Payment date: 30 May 2024. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥67.00, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Consumer Durables industry in China. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.24 per share. Buy Or Sell Opportunity • May 13
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to CN¥62.50. The fair value is estimated to be CN¥50.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.96 (vs CN¥1.06 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.96 (down from CN¥1.06 in 1Q 2023). Revenue: CN¥1.19b (down 4.6% from 1Q 2023). Net income: CN¥150.8m (down 8.5% from 1Q 2023). Profit margin: 13% (in line with 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 09
Full year 2023 earnings released: EPS: CN¥2.85 (vs CN¥2.48 in FY 2022) Full year 2023 results: EPS: CN¥2.85 (up from CN¥2.48 in FY 2022). Revenue: CN¥4.71b (up 14% from FY 2022). Net income: CN¥445.3m (up 15% from FY 2022). Profit margin: 9.4% (in line with FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Bear Electric Appliance Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Bear Electric Appliance Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Dec 29
Bear Electric Appliance Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 09, 2024 Bear Electric Appliance Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 09, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.59 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.50 (down from CN¥0.59 in 3Q 2022). Revenue: CN¥976.9m (up 15% from 3Q 2022). Net income: CN¥78.9m (down 14% from 3Q 2022). Profit margin: 8.1% (down from 11% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 27
Second quarter 2023 earnings released: EPS: CN¥0.46 (vs CN¥0.28 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.46 (up from CN¥0.28 in 2Q 2022). Revenue: CN¥1.09b (up 25% from 2Q 2022). Net income: CN¥71.9m (up 63% from 2Q 2022). Profit margin: 6.6% (up from 5.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Jul 12
Bear Electric Appliance Co.,Ltd. Announces Board Appointments Bear Electric Appliance Co.,Ltd. announced the appointment of Luo Wei, Yao Yingxue and Zhang Liming as independent directors. Zhao Guohong and Huang Dehui as supervisors. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥83.46, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Consumer Durables industry in China. Total returns to shareholders of 23% over the past three years. Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: CN¥2.48 (vs CN¥1.82 in FY 2021) Full year 2022 results: EPS: CN¥2.48 (up from CN¥1.82 in FY 2021). Revenue: CN¥4.12b (up 14% from FY 2021). Net income: CN¥386.3m (up 36% from FY 2021). Profit margin: 9.4% (up from 7.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Board Change • Nov 16
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. 4 experienced directors. No highly experienced 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: Insufficient board refreshment. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.59 (vs CN¥0.32 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.59 (up from CN¥0.32 in 3Q 2021). Revenue: CN¥850.3m (up 16% from 3Q 2021). Net income: CN¥91.9m (up 84% from 3Q 2021). Profit margin: 11% (up from 6.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥54.99, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Consumer Durables industry in China. Total loss to shareholders of 2.7% over the past year. Reported Earnings • Sep 04
Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.31 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.28 (down from CN¥0.31 in 2Q 2021). Revenue: CN¥871.3m (up 20% from 2Q 2021). Net income: CN¥43.9m (down 11% from 2Q 2021). Profit margin: 5.0% (down from 6.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 14% growth forecast for the Consumer Durables industry in China. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥49.93, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 34% over the past year. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥53.58, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Consumer Durables industry in China. Total loss to shareholders of 46% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.80 per share. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥47.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Consumer Durables industry in China. Total loss to shareholders of 66% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.85 per share. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥60.02, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Consumer Durables industry in China. Total loss to shareholders of 55% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.79 per share. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥86.56, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the Consumer Durables industry in China. Total returns to shareholders of 34% over the past year. Is New 90 Day High Low • Feb 20
New 90-day low: CN¥85.49 The company is down 24% from its price of CN¥112 on 20 November 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 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥254 per share. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥105, the stock is trading at a trailing P/E ratio of 38.8x, down from the previous P/E ratio of 47.2x. This compares to an average P/E of 31x in the Consumer Durables industry in China. Total returns to shareholders over the past year are 129%. Is New 90 Day High Low • Jan 21
New 90-day high: CN¥128 The company is up 11% from its price of CN¥116 on 23 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥248 per share. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥125, the stock is trading at a trailing P/E ratio of 46.1x, up from the previous P/E ratio of 40x. This compares to an average P/E of 30x in the Consumer Durables industry in China. Total returns to shareholders over the past year are 145%. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥126, the stock is trading at a trailing P/E ratio of 47.7x, up from the previous P/E ratio of 40.6x. This compares to an average P/E of 33x in the Consumer Durables industry in China. Total returns to shareholders over the past year are 143%. Is New 90 Day High Low • Nov 18
New 90-day low: CN¥109 The company is down 20% from its price of CN¥137 on 20 August 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 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥111 per share. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥116 The company is down 21% from its price of CN¥146 on 24 July 2020. The Chinese market is up 4.0% 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥116 per share.