New Risk • Jul 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 9.4% 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: Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Announcement • Jun 30
United Nova Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 11, 2026 United Nova Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 11, 2026 Announcement • Apr 21
United Nova Technology Co.,Ltd., Annual General Meeting, May 11, 2026 United Nova Technology Co.,Ltd., Annual General Meeting, May 11, 2026, at 14:00 China Standard Time. Location: No. 518, Linjiang Road, Gaobu Subdistrict, Yuecheng District, Shaoxing, Zhejiang China Reported Earnings • Apr 21
First quarter 2026 earnings released: CN¥0.01 loss per share (vs CN¥0.03 loss in 1Q 2025) First quarter 2026 results: CN¥0.01 loss per share (improved from CN¥0.03 loss in 1Q 2025). Revenue: CN¥1.96b (up 13% from 1Q 2025). Net loss: CN¥88.4m (loss narrowed 52% from 1Q 2025). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 27% growth forecast for the Semiconductor industry in China. Announcement • Mar 30
United Nova Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 21, 2026 United Nova Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Price Target Changed • Mar 10
Price target increased by 19% to CN¥6.30 Up from CN¥5.30, the current price target is provided by 1 analyst. New target price is 13% below last closing price of CN¥7.26. Stock is up 43% over the past year. The company is forecast to post earnings per share of CN¥0.036 next year compared to a net loss per share of CN¥0.08 last year. Reported Earnings • Feb 28
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: CN¥0.08 loss per share (improved from CN¥0.14 loss in FY 2024). Revenue: CN¥8.18b (up 26% from FY 2024). Net loss: CN¥574.3m (loss narrowed 40% from FY 2024). Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) missed analyst estimates by 7.2%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 27% growth forecast for the Semiconductor industry in China. Announcement • Dec 26
United Nova Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 United Nova Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 21, 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. Director Jing Song Wang 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 • Oct 29
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 7.4% 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: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Reported Earnings • Oct 28
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: CN¥0.10 loss per share (further deteriorated from CN¥0.03 loss in 3Q 2024). Revenue: CN¥1.93b (up 16% from 3Q 2024). Net loss: CN¥292.7m (loss widened 37% from 3Q 2024). Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in China. Announcement • Sep 30
United Nova Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 United Nova Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 05
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2025 results: EPS: CN¥0.001 (up from CN¥0.043 loss in 2Q 2024). Revenue: CN¥1.76b (up 15% from 2Q 2024). Net income: CN¥11.9m (up CN¥240.6m from 2Q 2024). Profit margin: 0.7% (up from net loss in 2Q 2024). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Announcement • Jun 30
United Nova Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 05, 2025 United Nova Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 05, 2025 Price Target Changed • May 13
Price target increased by 13% to CN¥5.25 Up from CN¥4.65, the current price target is an average from 2 analysts. New target price is 10% above last closing price of CN¥4.76. Stock is up 16% over the past year. The company is forecast to post a net loss per share of CN¥0.082 next year compared to a net loss per share of CN¥0.14 last year. Reported Earnings • May 02
First quarter 2025 earnings released: CN¥0.03 loss per share (vs CN¥0.03 loss in 1Q 2024) First quarter 2025 results: CN¥0.03 loss per share (in line with 1Q 2024). Revenue: CN¥1.73b (up 28% from 1Q 2024). Net loss: CN¥182.3m (loss narrowed 25% from 1Q 2024). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Announcement • Apr 29
United Nova Technology Co.,Ltd., Annual General Meeting, May 19, 2025 United Nova Technology Co.,Ltd., Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Announcement • Mar 28
United Nova Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 United Nova Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Feb 25
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: CN¥0.14 loss per share (improved from CN¥0.32 loss in FY 2023). Revenue: CN¥6.51b (up 22% from FY 2023). Net loss: CN¥968.1m (loss narrowed 51% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Price Target Changed • Feb 11
Price target increased by 8.3% to CN¥4.55 Up from CN¥4.20, the current price target is an average from 2 analysts. New target price is 6.2% below last closing price of CN¥4.85. Stock is down 6.7% over the past year. The company is forecast to post a net loss per share of CN¥0.14 next year compared to a net loss per share of CN¥0.32 last year. Announcement • Dec 27
United Nova Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 United Nova Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.035 loss in 3Q 2023) Third quarter 2024 results: CN¥0.03 loss per share (improved from CN¥0.035 loss in 3Q 2023). Revenue: CN¥1.67b (up 27% from 3Q 2023). Net loss: CN¥213.4m (loss narrowed 16% from 3Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Announcement • Sep 30
United Nova Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 United Nova Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Price Target Changed • Sep 05
Price target decreased by 17% to CN¥4.20 Down from CN¥5.05, the current price target is an average from 2 analysts. New target price is 18% above last closing price of CN¥3.55. Stock is down 35% 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¥0.32 last year. Reported Earnings • Aug 31
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: CN¥0.043 loss per share (improved from CN¥0.11 loss in 2Q 2023). Revenue: CN¥1.53b (up 12% from 2Q 2023). Net loss: CN¥228.6m (loss narrowed 63% from 2Q 2023). Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) exceeded analyst estimates by 6.2%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Announcement • Jun 28
United Nova Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024 United Nova Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Breakeven Date Change • May 11
Forecast to breakeven in 2026 The analyst covering United Nova TechnologyLtd expects the company to break even for the first time. New forecast suggests losses will reduce by 44% per year to 2025. The company is expected to make a profit of CN¥222.0m in 2026. Average annual earnings growth of 76% is required to achieve expected profit on schedule. Reported Earnings • May 01
First quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.10 loss in 1Q 2023) First quarter 2024 results: CN¥0.03 loss per share (improved from CN¥0.10 loss in 1Q 2023). Revenue: CN¥1.35b (up 17% from 1Q 2023). Net loss: CN¥242.1m (loss narrowed 52% from 1Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Announcement • Apr 16
United Nova Technology Co.,Ltd. (SHSE:688469) announces an Equity Buyback for CNY 400 million worth of its shares. United Nova Technology Co.,Ltd. (SHSE:688469) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its shares. The plan will be valid for 12 months. Announcement • Mar 29
United Nova Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 United Nova Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Mar 27
United Nova Technology Co.,Ltd., Annual General Meeting, Apr 29, 2024 United Nova Technology Co.,Ltd., Annual General Meeting, Apr 29, 2024, at 13:30 China Standard Time. Location: No. 518, Linjiang Road, Gaobu Subdistrict, Yuecheng District, Shaoxing, Zhejiang China Reported Earnings • Mar 26
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: CN¥0.32 loss per share (further deteriorated from CN¥0.21 loss in FY 2022). Revenue: CN¥5.32b (up 16% from FY 2022). Net loss: CN¥1.96b (loss widened 80% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Reported Earnings • Feb 26
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: CN¥0.32 loss per share (further deteriorated from CN¥0.21 loss in FY 2022). Revenue: CN¥5.32b (up 16% from FY 2022). Net loss: CN¥1.97b (loss widened 81% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. New Risk • Feb 05
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¥10b 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 Risk Less than 1 year of cash runway based on free cash flow trend (-CN¥10b free cash flow). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥757m net loss in 2 years). Reported Earnings • Nov 01
Third quarter 2023 earnings released Third quarter 2023 results: CN¥0.035 loss per share. Net loss: CN¥252.4m (flat on 3Q 2022). Reported Earnings • Aug 31
Second quarter 2023 earnings released Second quarter 2023 results: CN¥0.11 loss per share. Net loss: CN¥609.0m (flat on 2Q 2022). Announcement • Jun 28
Semiconductor Manufacturing Electronics (Shaoxing) Corporation to Report First Half, 2023 Results on Aug 29, 2023 Semiconductor Manufacturing Electronics (Shaoxing) Corporation announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • May 10
First quarter 2023 earnings released First quarter 2023 results: CN¥0.10 loss per share. Net loss: CN¥499.6m (flat on 1Q 2022).