Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥19.08, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 62x in the Semiconductor industry in China. Total loss to shareholders of 7.1% over the past three years. Announcement • Jun 30
Jadard Technology Inc. to Report First Half, 2026 Results on Aug 12, 2026 Jadard Technology Inc. announced that they will report first half, 2026 results on Aug 12, 2026 Board Change • May 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Huang Qunhui was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Jadard Technology Inc., Annual General Meeting, Jun 26, 2026 Jadard Technology Inc., Annual General Meeting, Jun 26, 2026, at 14:00 China Standard Time. Location: No. 002, Gaoxin South 1st Road, Hi-tech Zone Community, Nanshan District, Shenzhen, Guangdong China Announcement • Mar 30
Jadard Technology Inc. to Report Q1, 2026 Results on Apr 09, 2026 Jadard Technology Inc. announced that they will report Q1, 2026 results on Apr 09, 2026 Announcement • Dec 26
Jadard Technology Inc. to Report Fiscal Year 2025 Results on Apr 09, 2026 Jadard Technology Inc. announced that they will report fiscal year 2025 results on Apr 09, 2026 Announcement • Sep 30
Jadard Technology Inc. to Report Q3, 2025 Results on Oct 31, 2025 Jadard Technology Inc. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jun 30
Jadard Technology Inc. to Report First Half, 2025 Results on Aug 26, 2025 Jadard Technology Inc. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Mar 28
Jadard Technology Inc. to Report Q1, 2025 Results on Apr 30, 2025 Jadard Technology Inc. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
Jadard Technology Inc. to Report Fiscal Year 2024 Results on Mar 21, 2025 Jadard Technology Inc. announced that they will report fiscal year 2024 results on Mar 21, 2025 New Risk • Oct 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 64% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (64% accrual ratio). Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to CN¥25.19, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 32x in the Semiconductor industry in China. Total returns to shareholders of 38% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.32 per share. Buy Or Sell Opportunity • Oct 14
Now 38% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to CN¥25.19. The fair value is estimated to be CN¥18.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last year. Earnings per share has grown by 447%. Revenue is forecast to grow by 68% in 2 years. Earnings are forecast to grow by 84% in the next 2 years. Announcement • Sep 30
Jadard Technology Inc. to Report Q3, 2024 Results on Oct 31, 2024 Jadard Technology Inc. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥16.42, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 29x in the Semiconductor industry in China. Total loss to shareholders of 9.0% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.40 per share. New Risk • Sep 27
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 8.7% 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 Risk Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risk Large one-off items impacting financial results. Buy Or Sell Opportunity • Sep 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.6% to CN¥14.48. The fair value is estimated to be CN¥18.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last year. Earnings per share has grown by 447%. Revenue is forecast to grow by 68% in 2 years. Earnings are forecast to grow by 84% in the next 2 years. Announcement • Sep 10
Jadard Technology Inc. to Report First Half, 2024 Results on Sep 19, 2024 Jadard Technology Inc. announced that they will report first half, 2024 results on Sep 19, 2024 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥18.62, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 5.4% over the past year. Reported Earnings • Jul 15
Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.073 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.073 in 2Q 2023). Revenue: CN¥497.5m (up 87% from 2Q 2023). Net income: CN¥69.2m (up 92% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Announcement • Jun 28
Jadard Technology Inc. to Report First Half, 2024 Results on Aug 24, 2024 Jadard Technology Inc. announced that they will report first half, 2024 results on Aug 24, 2024 Announcement • May 31
Jadard Technology Inc. Announces Cash Dividend, Payable on June 6, 2024 Jadard Technology Inc. announced cash dividends of RMB 22,705,767.34 (including tax), RMB 0.056 per share (including tax). Ex-rights (ex-dividend) trading date is June 6 2024. Ex-rights (ex-dividend) record date is June 5, 2024. Payment date of cash dividend distribution is June 6, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: May 30, 2024. New Risk • Apr 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 11% 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. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥11.02, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 29x in the Semiconductor industry in China. Total loss to shareholders of 60% over the past year. Reported Earnings • Apr 05
Full year 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.35 in FY 2022) Full year 2023 results: EPS: CN¥0.28 (down from CN¥0.35 in FY 2022). Revenue: CN¥1.21b (flat on FY 2022). Net income: CN¥112.8m (down 13% from FY 2022). Profit margin: 9.3% (down from 11% in FY 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Announcement • Apr 02
Jadard Technology Inc., Annual General Meeting, May 06, 2024 Jadard Technology Inc., Annual General Meeting, May 06, 2024, at 14:00 China Standard Time. Location: No. 002, Gaoxin South 1st Road, Gaoxin Zone Community, Nanshan District, Shenzhen Guangdong China Agenda: To consider Proposal of 2023 working report for Board of Directors; to consider proposal of 2023 working report for Board of Supervisors; to consider proposal of 2023 working report for Independent Directors; to consider proposal of 2023 audited financial report; to consider proposal of 2023 annual report and summarized items; to consider proposal of 2024 remuneration program for Directors; to consider proposal of 2024 remuneration program for Supervisors; to consider proposal of 2024 application for bank credit facilities; and to transact other business. Announcement • Mar 30
Jadard Technology Inc. to Report Q1, 2024 Results on Apr 23, 2024 Jadard Technology Inc. announced that they will report Q1, 2024 results on Apr 23, 2024 Announcement • Feb 22
Jadard Technology Inc. (SHSE:688252) announces an Equity Buyback for CNY 80 million worth of its shares. Jadard Technology Inc. (SHSE:688252) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its A shares. The shares will be repurchased at a price not more than CNY 22 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives. The repurchases will be made from company's own funds. The authorization will be valid for a period of 12 months. New Risk • Oct 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 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 Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Announcement • Sep 15
Jadard Technology Inc. Announces Director Changes Jadard Technology Inc. appointed Independent Director: Hui Chen Practicing Lawyer of Beijing Yingke Law Firm Shenzhen Office, Arbitrator of Qingdao Arbitration commission, Independent Director of Shanghai Taisheng Wind Power Equipment Co. Ltd. and Supervisor:Frank Kuo CPA, Deputy Director of Accounting Dept. Finance and Accounting Div. Fitipower Integrated Technology Inc. in place of Melody Li, Independent Director and Jessica Zheng Supervisor. Effective date of the new appointment on September 11, 2023. Board Change • Sep 06
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Jianchun Han was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.073 (vs CN¥0.24 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.073 (down from CN¥0.24 in 2Q 2022). Revenue: CN¥266.1m (down 26% from 2Q 2022). Net income: CN¥36.0m (down 59% from 2Q 2022). Profit margin: 14% (down from 25% in 2Q 2022). Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.20 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.20 in 1Q 2022). Revenue: CN¥236.4m (down 27% from 1Q 2022). Net income: CN¥10.6m (down 85% from 1Q 2022). Profit margin: 4.5% (down from 22% in 1Q 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥21.65, the stock trades at a trailing P/E ratio of 68.2x. Average trailing P/E is 62x in the Semiconductor industry in China. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥24.21, the stock trades at a trailing P/E ratio of 76.3x. Average trailing P/E is 65x in the Semiconductor industry in China. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.90 in FY 2021) Full year 2022 results: EPS: CN¥0.35 (down from CN¥0.90 in FY 2021). Revenue: CN¥1.20b (up 7.4% from FY 2021). Net income: CN¥129.8m (down 61% from FY 2021). Profit margin: 11% (down from 30% in FY 2021). The decrease in margin was driven by higher expenses. Announcement • Jan 05
Jadard Technology Inc. Provides Unaudited Earnings Guidance for the Year 2022 Jadard Technology Inc. provided unaudited earnings guidance for the year 2022. For the year, the company expects net profit attributable to the owners of parent company will be RMB 136 million to RMB 146 million, the figures will decrease RMB 193.3185 million to RMB 183.3185 million compared with the same period last year, that is, year-over-year decrease 58.70% to 55.67%.