Board Change • Jul 03
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hua Jiang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 30
Motorcomm Electronic Technology Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Motorcomm Electronic Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 New Risk • Jun 19
New major risk - Revenue and earnings growth Earnings have declined by 37% 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 Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 37% per year over the past 5 years. Announcement • Apr 29
Motorcomm Electronic Technology Co., Ltd. announced that it expects to receive CNY 1.3606526 billion in funding Motorcomm Electronic Technology Co., Ltd. announced a private placement to issue 16,000,000 A shares at an issue price of not lower than 80% of the average trading price of the company shares in the 20 trading days before the pricing reference date for not less than CNY 1,360,652,600 on April 27, 2026. The transaction will include participation from not more than 35 specific investors. The securities are restricted to a hold period of 6 months. The transaction has been approved in 11th meeting of the 2nd board of directors, in which the plan on the issuance of shares to specific targets was reviewed and approved and subject to the Company’s shareholders’ meeting, from Shanghai Stock Exchange and China Securities Regulatory Commission. New Risk • Apr 29
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: CN¥116m Forecast net loss in 1 year: CN¥84m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 28
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: CN¥1.68 loss per share (improved from CN¥2.53 loss in FY 2024). Revenue: CN¥616.6m (up 56% from FY 2024). Net loss: CN¥133.7m (loss narrowed 34% from FY 2024). Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 27% growth forecast for the Semiconductor industry in China. 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 7% per year, which means it has not declined as severely as earnings. Announcement • Apr 28
Motorcomm Electronic Technology Co., Ltd., Annual General Meeting, May 20, 2026 Motorcomm Electronic Technology Co., Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: 15F, No. 1699, Zhongke Road, Pudong New Area, Shanghai China New Risk • Apr 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 8.2% 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. This is currently the only risk that has been identified for the company. Announcement • Mar 30
Motorcomm Electronic Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Motorcomm Electronic Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 05
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: CN¥1.75 loss per share (improved from CN¥2.53 loss in FY 2024). Revenue: CN¥617.9m (up 56% from FY 2024). Net loss: CN¥138.8m (loss narrowed 31% from FY 2024). Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. 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 14% per year, which means it has not declined as severely as earnings. Announcement • Dec 26
Motorcomm Electronic Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Motorcomm Electronic Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.30 loss per share (vs CN¥0.39 loss in 3Q 2024) Third quarter 2025 results: CN¥0.30 loss per share (improved from CN¥0.39 loss in 3Q 2024). Revenue: CN¥165.8m (up 49% from 3Q 2024). Net loss: CN¥23.3m (loss narrowed 26% from 3Q 2024). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Announcement • Sep 30
Motorcomm Electronic Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Motorcomm Electronic Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 11
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 7.2% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥58m net loss in 2 years). Share price has been volatile over the past 3 months (7.2% average weekly change). Announcement • Jun 30
Motorcomm Electronic Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Motorcomm Electronic Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Breakeven Date Change • May 04
Forecast to breakeven in 2027 The 3 analysts covering Motorcomm Electronic Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 61% per year to 2026. The company is expected to make a profit of CN¥8.00m in 2027. Average annual earnings growth of 81% is required to achieve expected profit on schedule. New Risk • May 03
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: CN¥198m Forecast net loss in 3 years: CN¥8.0m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Breakeven Date Change • May 02
Forecast to breakeven in 2027 The 3 analysts covering Motorcomm Electronic Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 61% per year to 2026. The company is expected to make a profit of CN¥8.00m in 2027. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Announcement • Apr 29
Motorcomm Electronic Technology Co., Ltd., Annual General Meeting, May 20, 2025 Motorcomm Electronic Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Announcement • Mar 28
Motorcomm Electronic Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Motorcomm Electronic Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Feb 27
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: CN¥2.48 loss per share (further deteriorated from CN¥1.96 loss in FY 2023). Revenue: CN¥403.8m (up 48% from FY 2023). Net loss: CN¥197.6m (loss widened 32% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.1%. Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Semiconductor industry in China. Price Target Changed • Feb 26
Price target increased by 30% to CN¥101 Up from CN¥77.87, the current price target is provided by 1 analyst. New target price is 16% below last closing price of CN¥121. Stock is up 100% over the past year. The company is forecast to post a net loss per share of CN¥2.43 next year compared to a net loss per share of CN¥1.96 last year. Announcement • Dec 27
Motorcomm Electronic Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Motorcomm Electronic Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Breakeven Date Change • Nov 06
Forecast to breakeven in 2026 The 4 analysts covering Motorcomm Electronic Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 0.1% per year to 2025. The company is expected to make a profit of CN¥23.5m in 2026. Average annual earnings growth of 64% is required to achieve expected profit on schedule. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.39 loss per share (vs CN¥0.71 loss in 3Q 2023) Third quarter 2024 results: CN¥0.39 loss per share (improved from CN¥0.71 loss in 3Q 2023). Revenue: CN¥111.4m (up 98% from 3Q 2023). Net loss: CN¥31.5m (loss narrowed 45% from 3Q 2023). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Announcement • Sep 30
Motorcomm Electronic Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Motorcomm Electronic Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 29
Second quarter 2024 earnings released: CN¥0.68 loss per share (vs CN¥0.70 loss in 2Q 2023) Second quarter 2024 results: CN¥0.68 loss per share (improved from CN¥0.70 loss in 2Q 2023). Revenue: CN¥82.1m (up 49% from 2Q 2023). Net loss: CN¥54.3m (loss narrowed 2.8% from 2Q 2023). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Price Target Changed • Jul 16
Price target decreased by 14% to CN¥77.87 Down from CN¥90.73, the current price target is an average from 2 analysts. New target price is 37% above last closing price of CN¥56.95. Stock is down 64% over the past year. The company is forecast to post a net loss per share of CN¥2.33 next year compared to a net loss per share of CN¥1.96 last year. Announcement • Jun 28
Motorcomm Electronic Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Motorcomm Electronic Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Major Estimate Revision • Jun 13
Consensus revenue estimates increase by 14% The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from CN¥412.1m to CN¥469.9m. Forecast losses expected to reduce from -CN¥2.45 to -CN¥1.98 per share. Semiconductor industry in China expected to see average net income growth of 57% next year. Consensus price target up from CN¥90.73 to CN¥134. Share price rose 16% to CN¥65.94 over the past week. Breakeven Date Change • Jun 12
Forecast to breakeven in 2026 The 3 analysts covering Motorcomm Electronic Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 38% per year to 2025. The company is expected to make a profit of CN¥43.0m in 2026. Average annual earnings growth of 74% is required to achieve expected profit on schedule. New Risk • May 08
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥177m Forecast net loss in 2 years: CN¥52m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥52m net loss in 2 years). Breakeven Date Change • May 02
Forecast to breakeven in 2026 The 4 analysts covering Motorcomm Electronic Technology expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CN¥43.0m in 2026. Average annual earnings growth of 98% is required to achieve expected profit on schedule. Announcement • Apr 30
Motorcomm Electronic Technology Co., Ltd., Annual General Meeting, May 20, 2024 Motorcomm Electronic Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: 3F, No. 1136, Zuchongzhi Road, Pudong New Area, Shanghai China Reported Earnings • Apr 29
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: CN¥1.96 loss per share (further deteriorated from CN¥0.01 loss in FY 2022). Revenue: CN¥273.5m (down 32% from FY 2022). Net loss: CN¥150.1m (loss widened CN¥149.7m from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Announcement • Mar 30
Motorcomm Electronic Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Motorcomm Electronic Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Mar 02
Motorcomm Electronic Technology Co., Ltd. (SHSE:688515) announces an Equity Buyback for CNY 40 million worth of its shares. Motorcomm Electronic Technology Co., Ltd. (SHSE:688515) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its Class A shares. The share will be repurchased at no more than CNY 95.25 per share. The purpose of the program is to use the repurchased shares for equity incentive plans or employee stock ownership plans. If the company fails to use the shares for the said purpose within 3 years of the completion of the program, the unused shares will be cancelled. The program will be funded from excess funds obtained from the company’s initial public offering of RMB ordinary shares (A shares). The plan will be valid for 12 months. New Risk • Nov 23
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥148m Forecast net loss in 2 years: CN¥39m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥39m net loss in 2 years). New Risk • Nov 22
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 8.3% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.71 loss per share (vs CN¥0.13 loss in 3Q 2022) Third quarter 2023 results: CN¥0.71 loss per share (further deteriorated from CN¥0.13 loss in 3Q 2022). Revenue: CN¥56.3m (down 48% from 3Q 2022). Net loss: CN¥57.1m (loss widened CN¥49.4m from 3Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.70 loss per share (vs CN¥0.13 loss in 2Q 2022) Second quarter 2023 results: CN¥0.70 loss per share (further deteriorated from CN¥0.13 loss in 2Q 2022). Revenue: CN¥55.1m (down 49% from 2Q 2022). Net loss: CN¥55.8m (loss widened CN¥48.1m from 2Q 2022). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Announcement • Jun 28
Motorcomm Electronic Technology Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Motorcomm Electronic Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 26
Full year 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.008 loss in FY 2021) Full year 2022 results: CN¥0.01 loss per share. Revenue: CN¥403.0m (up 59% from FY 2021). Net loss: CN¥408.5k (loss narrowed 12% from FY 2021). Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Reported Earnings • Mar 04
Full year 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.008 loss in FY 2021) Full year 2022 results: CN¥0.01 loss per share. Revenue: CN¥403.0m (up 59% from FY 2021). Net loss: CN¥401.8k (loss narrowed 13% from FY 2021). Board Change • Feb 13
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.