Reported Earnings • Apr 28
Full year 2025 earnings released: CN¥0.36 loss per share (vs CN¥0.04 profit in FY 2024) Full year 2025 results: CN¥0.36 loss per share (down from CN¥0.04 profit in FY 2024). Revenue: CN¥4.75b (up 4.0% from FY 2024). Net loss: CN¥292.7m (down CN¥322.8m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year. Announcement • Apr 28
Shenzhen Kingsino Technology Co.,Ltd., Annual General Meeting, May 20, 2026 Shenzhen Kingsino Technology Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen Kingsino Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Shenzhen Kingsino Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 New Risk • Dec 31
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. This is currently the only risk that has been identified for the company. New Risk • Nov 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CN¥956.9k (US$134.4k) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 30
Third quarter 2025 earnings released: CN¥0.09 loss per share (vs CN¥0.062 profit in 3Q 2024) Third quarter 2025 results: CN¥0.09 loss per share (down from CN¥0.062 profit in 3Q 2024). Revenue: CN¥1.17b (down 9.3% from 3Q 2024). Net loss: CN¥70.7m (down 202% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Shenzhen Kingsino Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.003 (vs CN¥0.013 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.003 (down from CN¥0.013 in 2Q 2024). Revenue: CN¥1.21b (up 9.6% from 2Q 2024). Net income: CN¥2.27m (down 78% from 2Q 2024). Profit margin: 0.2% (down from 0.9% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Jul 02
Shenzhen Kingsino Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Board Change • Apr 22
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. Supervisor Zongyong Jiang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Apr 15
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x 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 Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risk Large one-off items impacting financial results. Announcement • Apr 15
Shenzhen Kingsino Technology Co.,Ltd., Annual General Meeting, May 16, 2025 Shenzhen Kingsino Technology Co.,Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: 16F, No. 18, Guangdian North Road, Guangming Subdistrict, Guangming District, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen Kingsino Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Shenzhen Kingsino Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025 Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.062 (vs CN¥0.083 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.062 (up from CN¥0.083 loss in 3Q 2023). Revenue: CN¥1.28b (up 16% from 3Q 2023). Net income: CN¥69.7m (up CN¥140.3m from 3Q 2023). Profit margin: 5.4% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Shenzhen Kingsino Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 22, 2024 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.013 (vs CN¥0.18 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.013 (up from CN¥0.18 loss in 2Q 2023). Revenue: CN¥1.10b (up 12% from 2Q 2023). Net income: CN¥10.3m (up CN¥149.1m from 2Q 2023). Profit margin: 0.9% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Shenzhen Kingsino Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • May 01
Shenzhen Kingsino Technology Co.,Ltd., Annual General Meeting, May 21, 2024 Shenzhen Kingsino Technology Co.,Ltd., Annual General Meeting, May 21, 2024, at 14:10 China Standard Time. Location: 16F, No. 18, Guangdian North Road, Guangming Subdistrict, Guangming District, Shenzhen, Guangdong China Reported Earnings • Apr 30
Full year 2023 earnings released: CN¥0.84 loss per share (vs CN¥0.03 profit in FY 2022) Full year 2023 results: CN¥0.84 loss per share (down from CN¥0.03 profit in FY 2022). Revenue: CN¥4.04b (up 1.7% from FY 2022). Net loss: CN¥659.9m (down CN¥679.7m from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year and the company’s share price has also fallen by 10% per year. Announcement • Mar 30
Shenzhen Kingsino Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 30
Shenzhen Kingsino Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 17, 2024 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 17, 2024 New Risk • Nov 30
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 5.9% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥274m free cash flow). Earnings have declined by 24% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.9% average weekly change). Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.083 loss per share (vs CN¥0.16 profit in 3Q 2022) Third quarter 2023 results: CN¥0.083 loss per share (down from CN¥0.16 profit in 3Q 2022). Revenue: CN¥1.11b (up 1.0% from 3Q 2022). Net loss: CN¥70.6m (down 148% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 31% 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. Board Change • Sep 01
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Independent Director Yong Xu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.18 loss per share (vs CN¥0.073 loss in 2Q 2022) Second quarter 2023 results: CN¥0.18 loss per share (further deteriorated from CN¥0.073 loss in 2Q 2022). Revenue: CN¥982.3m (up 14% from 2Q 2022). Net loss: CN¥138.8m (loss widened 285% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥6.25, the stock trades at a trailing P/E ratio of 70.2x. Average trailing P/E is 38x in the Food industry in China. Total loss to shareholders of 12% over the past three years. Announcement • May 06
Shenzhen Kingsino Technology Co.,Ltd., Annual General Meeting, May 19, 2023 Shenzhen Kingsino Technology Co.,Ltd., Annual General Meeting, May 19, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider Special report on the deposit and use of raised funds in 2022; and to consider other matters. Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.12 loss per share (vs CN¥0.17 loss in 1Q 2022) First quarter 2023 results: CN¥0.12 loss per share (improved from CN¥0.17 loss in 1Q 2022). Revenue: CN¥1.09b (up 1.8% from 1Q 2022). Net loss: CN¥99.1m (loss narrowed 33% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. Independent Director Yong Xu is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.44 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.44 loss in 3Q 2021). Revenue: CN¥1.10b (up 1.8% from 3Q 2021). Net income: CN¥146.4m (up CN¥478.6m from 3Q 2021). Profit margin: 13% (up from net loss in 3Q 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Food industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Board Change • Sep 19
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. Independent Director Yong Xu is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 02
Second quarter 2022 earnings released: CN¥0.073 loss per share (vs CN¥0.03 profit in 2Q 2021) Second quarter 2022 results: CN¥0.073 loss per share (down from CN¥0.03 profit in 2Q 2021). Revenue: CN¥862.7m (down 37% from 2Q 2021). Net loss: CN¥36.0m (down 276% from profit in 2Q 2021). 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. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Supervisor Huanliang Liu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 01
Third quarter 2021 earnings released: CN¥0.44 loss per share (vs CN¥0.25 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¥1.08b (up 6.1% from 3Q 2020). Net loss: CN¥332.2m (down 337% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • Sep 18
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Supervisor Huanliang Liu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 14
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Supervisor Huanliang Liu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 10
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Supervisor Huanliang Liu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 09
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Supervisor Huanliang Liu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 07
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Supervisor Huanliang Liu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 06
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Supervisor Huanliang Liu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 04
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Supervisor Huanliang Liu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.21 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.36b (up 82% from 2Q 2020). Net income: CN¥20.5m (down 83% from 2Q 2020). Profit margin: 1.5% (down from 16% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 22
Shenzhen Kingsino Technology Co.,Ltd. Approves Cash Dividend for the Year 2020 Shenzhen Kingsino Technology Co.,Ltd. at its annual general meeting held on May 20, 2021, approved cash dividend per ten shares (tax included) of CNY 0.30000000 for the year 2020. Announcement • Apr 29
Shenzhen Kingsino Technology Co.,Ltd. Proposes Final Cash Dividend for 2020 Shenzhen Kingsino Technology Co.,Ltd. has proposed a final cash dividend of CNY 0.30 per ten shares (tax included) for 2020. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.12 in 1Q 2020) The company reported a decent first quarter result with improved revenues, although earnings and profit margins were weaker. First quarter 2021 results: Revenue: CN¥1.26b (up 104% from 1Q 2020). Net income: CN¥19.3m (down 72% from 1Q 2020). Profit margin: 1.5% (down from 11% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Feb 25
Shenzhen Kingsino Technology Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Feb 01
New 90-day low: CN¥7.65 The company is down 7.0% from its price of CN¥8.22 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 20% over the same period. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥8.49, the stock is trading at a trailing P/E ratio of 11.4x, down from the previous P/E ratio of 14x. This compares to an average P/E of 38x in the Food industry in China. Total returns to shareholders over the past three years are 8.2%. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥9.65, the stock is trading at a trailing P/E ratio of 13x, up from the previous P/E ratio of 10.8x. This compares to an average P/E of 40x in the Food industry in China. Total returns to shareholders over the past three years are 16%. Is New 90 Day High Low • Jan 05
New 90-day high: CN¥9.65 The company is up 14% from its price of CN¥8.50 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥8.14 The company is down 27% from its price of CN¥11.21 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 Food industry, which is down 4.0% over the same period. Announcement • Oct 20
Shenzhen Kingsino Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 27, 2020 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020 Announcement • Sep 22
Cai Changxing and others completed the acquisition of 10.21% stake in Shenzhen Jinxinnong Feed Co.,Ltd. (SZSE:002548)) from Xinjiang-based equity investment company. Cai Changxing and others agreed to acquire 10.21% stake in Shenzhen Jinxinnong Feed Co.,Ltd. (SZSE:002548) from Xinjiang-based equity investment company on November 19, 2015. In the deal, Cai Changxing will increase his stake from 0% to 7.86%. Xinjiang-based equity investment company's stake in Shenzhen Jinxinnong Feed reduced to 43.38% from 53.59%.
Cai Changxing and others completed the acquisition of 10.21% stake in Shenzhen Jinxinnong Feed Co.,Ltd. (SZSE:002548) ) from Xinjiang-based equity investment company on December 22, 2015. Announcement • Jul 18
Shenzhen Kingsino Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 15, 2020 Shenzhen Kingsino Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 15, 2020