Buy Or Sell Opportunity • Jul 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.7% to CN¥11.82. The fair value is estimated to be CN¥15.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 11%. Announcement • Jun 30
Guangdong Ellington Electronics Technology Co.,Ltd to Report First Half, 2026 Results on Aug 29, 2026 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report first half, 2026 results on Aug 29, 2026 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥15.12, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 77x in the Electronic industry in China. Total returns to shareholders of 104% over the past three years. Buy Or Sell Opportunity • May 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.9% to CN¥11.67. The fair value is estimated to be CN¥14.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 11%. Buy Or Sell Opportunity • May 05
Now 23% undervalued Over the last 90 days, the stock has risen 1.8% to CN¥11.45. The fair value is estimated to be CN¥14.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 11%. Reported Earnings • May 01
First quarter 2026 earnings released: EPS: CN¥0.038 (vs CN¥0.12 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.038 (down from CN¥0.12 in 1Q 2025). Revenue: CN¥935.6m (down 1.1% from 1Q 2025). Net income: CN¥37.7m (down 68% from 1Q 2025). Profit margin: 4.0% (down from 12% in 1Q 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 16% per year. New Risk • Apr 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 8.1% 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥12.02, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 69x in the Electronic industry in China. Total returns to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥12.87, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 62x in the Electronic industry in China. Total returns to shareholders of 70% over the past three years. Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: CN¥0.47 (vs CN¥0.44 in FY 2024) Full year 2025 results: EPS: CN¥0.47 (up from CN¥0.44 in FY 2024). Revenue: CN¥4.03b (up 15% from FY 2024). Net income: CN¥465.7m (up 6.5% from FY 2024). Profit margin: 12% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year. Announcement • Mar 31
Guangdong Ellington Electronics Technology Co.,Ltd, Annual General Meeting, May 28, 2026 Guangdong Ellington Electronics Technology Co.,Ltd, Annual General Meeting, May 28, 2026, at 15:00 China Standard Time. Location: No. 88, Gaoping Industrial Zone, Sanjiao Town, Zhongshan, Guangdong China Announcement • Mar 30
Guangdong Ellington Electronics Technology Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥10.86, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 58x in the Electronic industry in China. Total returns to shareholders of 52% over the past three years. Reported Earnings • Feb 07
Full year 2025 earnings released: EPS: CN¥0.47 (vs CN¥0.44 in FY 2024) Full year 2025 results: EPS: CN¥0.47 (up from CN¥0.44 in FY 2024). Revenue: CN¥4.03b (up 15% from FY 2024). Net income: CN¥467.8m (up 7.0% from FY 2024). Profit margin: 12% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Announcement • Dec 26
Guangdong Ellington Electronics Technology Co.,Ltd to Report Fiscal Year 2025 Results on Mar 31, 2026 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Nov 03
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (in line with 3Q 2024). Revenue: CN¥1.02b (up 18% from 3Q 2024). Net income: CN¥106.0m (flat on 3Q 2024). Profit margin: 10% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year. Announcement • Sep 30
Guangdong Ellington Electronics Technology Co.,Ltd to Report Q3, 2025 Results on Oct 30, 2025 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥12.08, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 59x in the Electronic industry in China. Total returns to shareholders of 96% over the past three years. Announcement • Jun 30
Guangdong Ellington Electronics Technology Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025 Board Change • May 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Yonghong Yan was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥8.53, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 48% over the past three years. Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.36 in FY 2023) Full year 2024 results: EPS: CN¥0.44 (up from CN¥0.36 in FY 2023). Revenue: CN¥3.51b (up 10% from FY 2023). Net income: CN¥437.4m (up 23% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
Guangdong Ellington Electronics Technology Co.,Ltd, Annual General Meeting, May 29, 2025 Guangdong Ellington Electronics Technology Co.,Ltd, Annual General Meeting, May 29, 2025, at 14:30 China Standard Time. Location: No. 88, Gaoping Industrial Zone, Sanjiao Town, Zhongshan, Guangdong China Announcement • Mar 28
Guangdong Ellington Electronics Technology Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.23, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥8.80, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 44x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years. Announcement • Dec 27
Guangdong Ellington Electronics Technology Co.,Ltd to Report Fiscal Year 2024 Results on Mar 29, 2025 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥866.6m (up 6.9% from 3Q 2023). Net income: CN¥106.1m (down 7.0% from 3Q 2023). Profit margin: 12% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Guangdong Ellington Electronics Technology Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥9.22, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 32% over the past three years. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.11 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.16 (up from CN¥0.11 in 2Q 2023). Revenue: CN¥934.8m (up 15% from 2Q 2023). Net income: CN¥155.6m (up 44% from 2Q 2023). Profit margin: 17% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥8.42, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 23% over the past three years. Announcement • Jun 28
Guangdong Ellington Electronics Technology Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024 Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.077 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.10 (up from CN¥0.077 in 1Q 2023). Revenue: CN¥818.7m (up 3.7% from 1Q 2023). Net income: CN¥104.7m (up 37% from 1Q 2023). Profit margin: 13% (up from 9.7% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.27 in FY 2022) Full year 2023 results: EPS: CN¥0.36 (up from CN¥0.27 in FY 2022). Revenue: CN¥3.18b (up 3.9% from FY 2022). Net income: CN¥355.0m (up 32% from FY 2022). Profit margin: 11% (up from 8.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥5.86, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 4.3% over the past three years. Reported Earnings • Jan 18
Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.27 in FY 2022) Full year 2023 results: EPS: CN¥0.36 (up from CN¥0.27 in FY 2022). Revenue: CN¥3.19b (up 4.3% from FY 2022). Net income: CN¥357.2m (up 33% from FY 2022). Profit margin: 11% (up from 8.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Dec 29
Guangdong Ellington Electronics Technology Co.,Ltd to Report Fiscal Year 2023 Results on Mar 29, 2024 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report fiscal year 2023 results on Mar 29, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.10 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.10 in 3Q 2022). Revenue: CN¥810.8m (flat on 3Q 2022). Net income: CN¥114.1m (up 13% from 3Q 2022). Profit margin: 14% (up from 12% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Guangdong Ellington Electronics Technology Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.085 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.085 in 2Q 2022). Revenue: CN¥810.9m (up 3.5% from 2Q 2022). Net income: CN¥108.0m (up 27% from 2Q 2022). Profit margin: 13% (up from 11% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jun 28
Guangdong Ellington Electronics Technology Co.,Ltd to Report First Half, 2023 Results on Aug 29, 2023 Guangdong Ellington Electronics Technology Co.,Ltd announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 08
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.27 (up from CN¥0.15 in FY 2021). Revenue: CN¥3.06b (up 5.2% from FY 2021). Net income: CN¥268.5m (up 78% from FY 2021). Profit margin: 8.8% (up from 5.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 33% 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 • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Director Yingjie Lan is the most experienced director on the board, commencing their role in 2021. Independent Director Wei He was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.053 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.053 in 3Q 2021). Revenue: CN¥817.3m (up 16% from 3Q 2021). Net income: CN¥101.3m (up 135% from 3Q 2021). Profit margin: 12% (up from 6.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.085 (vs CN¥0.04 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.085 (up from CN¥0.04 in 2Q 2021). Revenue: CN¥783.3m (up 11% from 2Q 2021). Net income: CN¥84.8m (up 94% from 2Q 2021). Profit margin: 11% (up from 6.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 29
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.038 (up from CN¥0.03 in 1Q 2021). Revenue: CN¥713.7m (up 19% from 1Q 2021). Net income: CN¥38.1m (up 23% from 1Q 2021). Profit margin: 5.3% (up from 5.2% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. 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. 10 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Chairman of the Board of Directors and General Manager Yong Li was the last director to join the board, commencing their role in 2013. 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 • Apr 13
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.15 (down from CN¥0.22 in FY 2020). Revenue: CN¥2.91b (up 19% from FY 2020). Net income: CN¥150.6m (down 33% from FY 2020). Profit margin: 5.2% (down from 9.2% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.053 (vs CN¥0.08 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¥706.0m (up 1.5% from 3Q 2020). Net income: CN¥43.1m (down 42% from 3Q 2020). Profit margin: 6.1% (down from 11% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 48% 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. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.033 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥708.6m (up 27% from 2Q 2020). Net income: CN¥43.6m (up 21% from 2Q 2020). Profit margin: 6.2% (down from 6.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 39% 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. Reported Earnings • Apr 24
Full year 2020 earnings released: EPS CN¥0.22 (vs CN¥0.52 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.45b (down 19% from FY 2019). Net income: CN¥224.5m (down 57% from FY 2019). Profit margin: 9.2% (down from 17% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 16% per year. Is New 90 Day High Low • Jan 22
New 90-day low: CN¥7.56 The company is down 14% from its price of CN¥8.80 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period. Announcement • Jan 19
Guangdong Ellington Electronics Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 22, 2021 Guangdong Ellington Electronics Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 22, 2021 Is New 90 Day High Low • Dec 28
New 90-day low: CN¥7.79 The company is down 13% from its price of CN¥8.92 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. Announcement • Oct 28
Guangdong Ellington Electronics Technology Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Guangdong Ellington Electronics Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Oct 27
New 90-day low: CN¥8.66 The company is down 15% from its price of CN¥10.16 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥8.96 The company is down 11% from its price of CN¥10.12 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. Announcement • Jul 18
Guangdong Ellington Electronics Technology Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Guangdong Ellington Electronics Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020