Announcement • Jun 30
Chongqing Chuanyi Automation Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Chongqing Chuanyi Automation Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 New Risk • Apr 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% 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 Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (165% cash payout ratio). Reported Earnings • Apr 17
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥1.26 (down from CN¥1.52 in FY 2024). Revenue: CN¥6.80b (down 10% from FY 2024). Net income: CN¥642.5m (down 17% from FY 2024). Profit margin: 9.4% (in line with FY 2024). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Apr 17
Chongqing Chuanyi Automation Co., Ltd., Annual General Meeting, May 08, 2026 Chongqing Chuanyi Automation Co., Ltd., Annual General Meeting, May 08, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Chongqing China Announcement • Mar 30
Chongqing Chuanyi Automation Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Chongqing Chuanyi Automation Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Reported Earnings • Jan 24
Full year 2025 earnings released: EPS: CN¥1.24 (vs CN¥1.52 in FY 2024) Full year 2025 results: EPS: CN¥1.24 (down from CN¥1.52 in FY 2024). Revenue: CN¥6.80b (down 10% from FY 2024). Net income: CN¥630.6m (down 19% from FY 2024). Profit margin: 9.3% (in line with FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥26.90, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 19% over the past three years. Announcement • Dec 26
Chongqing Chuanyi Automation Co., Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Chongqing Chuanyi Automation Co., Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.38 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.27 (down from CN¥0.38 in 3Q 2024). Revenue: CN¥1.61b (down 14% from 3Q 2024). Net income: CN¥137.1m (down 30% from 3Q 2024). Profit margin: 8.5% (down from 10% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Chongqing Chuanyi Automation Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Chongqing Chuanyi Automation Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥23.66, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 59x in the Electronic industry in China. Total returns to shareholders of 51% over the past three years. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.41 (vs CN¥0.41 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.41 (down from CN¥0.41 in 2Q 2024). Revenue: CN¥1.83b (down 16% from 2Q 2024). Net income: CN¥211.0m (down 1.4% from 2Q 2024). Profit margin: 12% (up from 9.8% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year. Announcement • Jun 30
Chongqing Chuanyi Automation Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Chongqing Chuanyi Automation Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 New Risk • Apr 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% 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. This is currently the only risk that has been identified for the company. Announcement • Apr 25
Chongqing Chuanyi Automation Co., Ltd., Annual General Meeting, May 15, 2025 Chongqing Chuanyi Automation Co., Ltd., Annual General Meeting, May 15, 2025, at 13:30 China Standard Time. Location: The Company's Meeting Room, Chongqing China Announcement • Mar 28
Chongqing Chuanyi Automation Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Chongqing Chuanyi Automation Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 27
Chongqing Chuanyi Automation Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Chongqing Chuanyi Automation Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Announcement • Nov 16
Chongqing Chuanyi Automation Co., Ltd. (SHSE:603100) agreed to acquire an additional 17.95% stake in Chongqing Kunlun Instrument Co., Ltd. from Chongqing Kunyi Enterprise Management Partnership Enterprise (L.P.) and Gong Zhengming for CNY 11.4 million. Chongqing Chuanyi Automation Co., Ltd. (SHSE:603100) agreed to acquire an additional 17.95% stake in Chongqing Kunlun Instrument Co., Ltd. from Chongqing Kunyi Enterprise Management Partnership Enterprise (L.P.) and Gong Zhengming for CNY 11.4 million on November 14, 2024. A cash consideration of CNY 11.39 million will be paid by Chongqing Chuanyi Automation Co., Ltd.
As of March 31, 2024, Chongqing Kunlun Instrument Co., Ltd. reported total assets of CNY 93.49 million and total common equity of CNY 76.99 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.36 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.38 (up from CN¥0.36 in 3Q 2023). Revenue: CN¥1.88b (flat on 3Q 2023). Net income: CN¥195.6m (up 7.8% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year and the company’s share price has also increased by 16% per year. Announcement • Sep 30
Chongqing Chuanyi Automation Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Chongqing Chuanyi Automation Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥18.89, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 45% over the past three years. New Risk • Sep 26
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 6.7% 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 Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Dividend is not well covered by cash flows (112% cash payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.76 (vs CN¥0.42 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.76 (up from CN¥0.42 in 2Q 2023). Revenue: CN¥2.18b (up 7.0% from 2Q 2023). Net income: CN¥214.1m (flat on 2Q 2023). Profit margin: 9.8% (in line with 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic 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 remained flat, which means it is significantly lagging earnings. Announcement • Jun 28
Chongqing Chuanyi Automation Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Chongqing Chuanyi Automation Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Announcement • Apr 26
Chongqing Chuanyi Automation Co., Ltd., Annual General Meeting, May 27, 2024 Chongqing Chuanyi Automation Co., Ltd., Annual General Meeting, May 27, 2024, at 10:00 China Standard Time. Location: The Company's Meeting Room, Chongqing China Reported Earnings • Apr 25
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥1.90 (up from CN¥1.47 in FY 2022). Revenue: CN¥7.41b (up 16% from FY 2022). Net income: CN¥743.8m (up 28% from FY 2022). Profit margin: 10.0% (in line with FY 2022). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 11%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 29
Chongqing Chuanyi Automation Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Chongqing Chuanyi Automation Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Mar 15
Chongqing Chuanyi Automation Co., Ltd. announced that it expects to receive CNY 660 million in funding Chongqing Chuanyi Automation Co., Ltd. announced a private placement to issue common shares for the gross proceeds of CAD 660,000,000 on March 13, 2024. Buy Or Sell Opportunity • Feb 22
Now 22% overvalued Over the last 90 days, the stock has fallen 14% to CN¥26.09. The fair value is estimated to be CN¥21.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 35% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥25.54, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Electronic industry in China. Total returns to shareholders of 101% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.45 per share. Reported Earnings • Jan 31
Full year 2023 earnings released: EPS: CN¥1.85 (vs CN¥1.47 in FY 2022) Full year 2023 results: EPS: CN¥1.85 (up from CN¥1.47 in FY 2022). Revenue: CN¥7.45b (up 17% from FY 2022). Net income: CN¥732.0m (up 26% from FY 2022). Profit margin: 9.8% (in line with FY 2022). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Jan 25
Now 20% overvalued Over the last 90 days, the stock has fallen 19% to CN¥24.05. The fair value is estimated to be CN¥19.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 44% in 2 years. Earnings are forecast to grow by 34% in the next 2 years. Announcement • Dec 30
Chongqing Chuanyi Automation Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Chongqing Chuanyi Automation Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.47 (vs CN¥0.38 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.47 (up from CN¥0.38 in 3Q 2022). Revenue: CN¥1.89b (up 18% from 3Q 2022). Net income: CN¥181.4m (up 21% from 3Q 2022). Profit margin: 9.6% (in line with 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 18
Second quarter 2023 earnings released: EPS: CN¥0.53 (vs CN¥0.37 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.53 (up from CN¥0.37 in 2Q 2022). Revenue: CN¥2.04b (up 20% from 2Q 2022). Net income: CN¥208.7m (up 43% from 2Q 2022). Profit margin: 10% (up from 8.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 28
Chongqing Chuanyi Automation Co., Ltd. to Report First Half, 2023 Results on Aug 31, 2023 Chongqing Chuanyi Automation Co., Ltd. announced that they will report first half, 2023 results on Aug 31, 2023 Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.27 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.27 in 1Q 2022). Revenue: CN¥1.56b (up 16% from 1Q 2022). Net income: CN¥139.3m (up 29% from 1Q 2022). Profit margin: 8.9% (up from 8.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥43.30, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 40x in the Electronic industry in China. Total returns to shareholders of 443% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥37.20, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 362% over the past three years. Reported Earnings • Jan 23
Full year 2022 earnings released: EPS: CN¥1.37 (vs CN¥1.36 in FY 2021) Full year 2022 results: EPS: CN¥1.37 (up from CN¥1.36 in FY 2021). Revenue: CN¥6.35b (up 16% from FY 2021). Net income: CN¥541.0m (flat on FY 2021). Profit margin: 8.5% (down from 9.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
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. 12 experienced directors. No highly experienced directors. 4 independent directors (7 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.38 (vs CN¥0.27 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.38 (up from CN¥0.27 in 3Q 2021). Revenue: CN¥1.60b (up 15% from 3Q 2021). Net income: CN¥150.0m (up 40% from 3Q 2021). Profit margin: 9.4% (up from 7.7% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥33.40, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 32x in the Electronic industry in China. Total returns to shareholders of 343% over the past three years. Announcement • Sep 20
Chongqing Chuanyi Automation Co., Ltd. (SHSE:603100) announces an Equity Buyback for 3,950,000 shares, representing 1% for CNY 124 million. Chongqing Chuanyi Automation Co., Ltd. (SHSE:603100) announces a share repurchase program. Under the program, the company will repurchase not more than 3,950,000 shares, representing 1% of its issued share capital, for CNY 124 million worth of its shares. The shares will be repurchased at a price of not more than CNY 31.3 per share. The repurchased shares will be used for equity incentive plan. The shares will be repurchased out of own funds of the company. The plan will be valid for 12 months. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥22.89, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 35x in the Electronic industry in China. Total returns to shareholders of 181% over the past three years. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥20.27, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 158% over the past three years. Reported Earnings • Jul 19
Second quarter 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.40 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.35 (down from CN¥0.40 in 2Q 2021). Revenue: CN¥1.71b (up 16% from 2Q 2021). Net income: CN¥136.8m (down 14% from 2Q 2021). Profit margin: 8.0% (down from 11% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 27% per year. Reported Earnings • Apr 27
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: CN¥1.36 (up from CN¥0.96 in FY 2020). Revenue: CN¥5.49b (up 29% from FY 2020). Net income: CN¥538.7m (up 41% from FY 2020). Profit margin: 9.8% (in line with FY 2020). Revenue exceeded analyst estimates by 9.5%. Earnings per share (EPS) also surpassed analyst estimates by 7.1%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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. 12 experienced directors. No highly experienced directors. 4 independent directors (7 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jan 28
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: CN¥1.30 (up from CN¥0.96 in FY 2020). Revenue: CN¥5.48b (up 29% from FY 2020). Net income: CN¥513.0m (up 35% from FY 2020). Profit margin: 9.4% (up from 9.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Over the next year, revenue is expected to shrink by 4.4% compared to a 28% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 23% per year. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥17.49, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 103% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥19.83, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 157% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.29 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.39b (up 18% from 3Q 2020). Net income: CN¥106.8m (down 7.3% from 3Q 2020). Profit margin: 7.7% (down from 9.7% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 28% per year. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.40 (vs CN¥0.32 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥1.47b (up 29% from 2Q 2020). Net income: CN¥159.3m (up 35% from 2Q 2020). Profit margin: 11% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥19.99, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 145% over the past three years. Reported Earnings • Jul 16
Second quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.32 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥1.51b (up 32% from 2Q 2020). Net income: CN¥153.8m (up 30% from 2Q 2020). Profit margin: 10% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 27% per year. Reported Earnings • Apr 26
Full year 2020 earnings released: EPS CN¥0.96 (vs CN¥0.59 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.25b (up 7.2% from FY 2019). Net income: CN¥381.2m (up 63% from FY 2019). Profit margin: 9.0% (up from 5.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year. Is New 90 Day High Low • Feb 18
New 90-day high: CN¥14.76 The company is up 16% from its price of CN¥12.72 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is flat over the same period. Reported Earnings • Feb 07
Full year 2020 earnings released: EPS CN¥0.94 (vs CN¥0.59 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.20b (up 5.8% from FY 2019). Net income: CN¥370.0m (up 58% from FY 2019). Profit margin: 8.8% (up from 5.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 15% per year. Analyst Estimate Surprise Post Earnings • Feb 07
Revenue behind estimates Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 17%, compared to a 31% growth forecast for the Electronic industry in China. Is New 90 Day High Low • Jan 27
New 90-day high: CN¥14.03 The company is up 36% from its price of CN¥10.30 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥12.32, the stock is trading at a trailing P/E ratio of 17.3x, up from the previous P/E ratio of 14.8x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years are 31%. Is New 90 Day High Low • Nov 29
New 90-day high: CN¥13.80 The company is up 38% from its price of CN¥10.03 on 31 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period. Valuation Update With 7 Day Price Move • Nov 06
Market bids up stock over the past week After last week's 18% share price gain to CN¥12.08, the stock is trading at a trailing P/E ratio of 17x, up from the previous P/E ratio of 14.4x. This compares to an average P/E of 48x in the Electronic industry in China. Total returns to shareholders over the past three years are 9.3%. Is New 90 Day High Low • Nov 02
New 90-day high: CN¥11.23 The company is up 20% from its price of CN¥9.39 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 6.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥280.0m, down 26% from the prior year. Total revenue was CN¥4.08b over the last 12 months, up 3.5% from the prior year. Announcement • Oct 29
Chongqing Chuanyi Automation Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Chongqing Chuanyi Automation Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Announcement • Jul 18
Chongqing Chuanyi Automation Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Chongqing Chuanyi Automation Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020 
