New Risk • May 23
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 59% per year over the past 5 years. New Risk • May 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Announcement • Apr 28
Guangdong Champion Asia Electronics Co.,Ltd., Annual General Meeting, May 18, 2026 Guangdong Champion Asia Electronics Co.,Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: 6F, Area No. 25, Sandong Digital Industrial Park, Huicheng District, Huizhou, Guangdong China Announcement • Mar 30
Guangdong Champion Asia Electronics Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Feb 24
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 9.7% 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 Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). Earnings have declined by 50% per year over the past 5 years. Announcement • Dec 26
Guangdong Champion Asia Electronics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 New Risk • Dec 08
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 7.6% 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 Earnings have declined by 50% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.056 loss per share (vs CN¥0.006 profit in 3Q 2024) Third quarter 2025 results: CN¥0.056 loss per share (down from CN¥0.006 profit in 3Q 2024). Revenue: CN¥655.2m (up 2.1% from 3Q 2024). Net loss: CN¥16.4m (down CN¥17.9m from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Guangdong Champion Asia Electronics Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 23
Second quarter 2025 earnings released: EPS: CN¥0.069 (vs CN¥0.001 loss in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.069 (up from CN¥0.001 loss in 2Q 2024). Revenue: CN¥672.5m (up 6.9% from 2Q 2024). Net income: CN¥23.0m (up CN¥23.4m from 2Q 2024). Profit margin: 3.4% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Announcement • Jun 30
Guangdong Champion Asia Electronics Co.,Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 New Risk • May 13
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 31% per year over the past 5 years. Reported Earnings • Apr 28
First quarter 2025 earnings released: EPS: CN¥0.05 (vs CN¥0.05 loss in 1Q 2024) First quarter 2025 results: EPS: CN¥0.05 (up from CN¥0.05 loss in 1Q 2024). Revenue: CN¥591.7m (up 22% from 1Q 2024). Net income: CN¥15.1m (up CN¥31.1m from 1Q 2024). Profit margin: 2.6% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Apr 26
Guangdong Champion Asia Electronics Co.,Ltd., Annual General Meeting, May 16, 2025 Guangdong Champion Asia Electronics Co.,Ltd., Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: 6F, Area No. 25, Sandong Digital Industrial Park, Huicheng District, Huizhou, Guangdong China Announcement • Mar 28
Guangdong Champion Asia Electronics Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 27
Guangdong Champion Asia Electronics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.006 (vs CN¥0.099 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.006 (down from CN¥0.099 in 3Q 2023). Revenue: CN¥641.6m (up 4.2% from 3Q 2023). Net income: CN¥1.48m (down 96% from 3Q 2023). Profit margin: 0.2% (down from 5.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Guangdong Champion Asia Electronics Co.,Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Reported Earnings • Aug 22
Second quarter 2024 earnings released: CN¥0.001 loss per share (vs CN¥0.11 profit in 2Q 2023) Second quarter 2024 results: CN¥0.001 loss per share (down from CN¥0.11 profit in 2Q 2023). Revenue: CN¥628.8m (down 6.8% from 2Q 2023). Net loss: CN¥373.8k (down 101% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
Guangdong Champion Asia Electronics Co.,Ltd. to Report First Half, 2024 Results on Aug 22, 2024 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report first half, 2024 results on Aug 22, 2024 New Risk • May 19
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Reported Earnings • Apr 27
First quarter 2024 earnings released: CN¥0.05 loss per share (vs CN¥0.04 profit in 1Q 2023) First quarter 2024 results: CN¥0.05 loss per share (down from CN¥0.04 profit in 1Q 2023). Revenue: CN¥484.5m (down 15% from 1Q 2023). Net loss: CN¥16.0m (down 227% from profit in 1Q 2023). 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 5% per year, which means it has not declined as severely as earnings. Announcement • Apr 27
Guangdong Champion Asia Electronics Co.,Ltd., Annual General Meeting, May 16, 2024 Guangdong Champion Asia Electronics Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: 6F, Area 25, Digital Industrial Park, Huicheng District, Huizhou, Guangdong China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥9.15, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 21% over the past three years. Announcement • Mar 29
Guangdong Champion Asia Electronics Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥9.20, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 32x in the Electronic industry in China. Total loss to shareholders of 2.2% over the past three years. Announcement • Dec 29
Guangdong Champion Asia Electronics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Dec 08
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 6.6% 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 High level of debt (53% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share). Share price has been volatile over the past 3 months (6.6% average weekly change). Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.55, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 26% over the past three years. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.099 (vs CN¥0.13 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.099 (down from CN¥0.13 in 3Q 2022). Revenue: CN¥616.0m (up 1.4% from 3Q 2022). Net income: CN¥34.4m (down 16% from 3Q 2022). Profit margin: 5.6% (down from 6.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 2% per year. Announcement • Sep 30
Guangdong Champion Asia Electronics Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.14 in 2Q 2022). Revenue: CN¥674.7m (down 1.9% from 2Q 2022). Net income: CN¥35.7m (down 20% from 2Q 2022). Profit margin: 5.3% (down from 6.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jun 28
Guangdong Champion Asia Electronics Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Mar 26
Full year 2022 earnings released: EPS: CN¥0.60 (vs CN¥0.66 in FY 2021) Full year 2022 results: EPS: CN¥0.60 (down from CN¥0.66 in FY 2021). Revenue: CN¥2.57b (down 5.7% from FY 2021). Net income: CN¥162.6m (down 22% from FY 2021). Profit margin: 6.3% (down from 7.6% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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. 6 non-independent directors. Independent Director Chun Lai Mei 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. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.19 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.13 (down from CN¥0.19 in 3Q 2021). Revenue: CN¥607.5m (down 16% from 3Q 2021). Net income: CN¥40.9m (down 35% from 3Q 2021). Profit margin: 6.7% (down from 8.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.19 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.32. Revenue: CN¥687.6m (up 3.8% from 2Q 2021). Net income: CN¥44.5m (down 21% from 2Q 2021). Profit margin: 6.5% (down from 8.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥13.38, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 37x in the Electronic industry in China. Total returns to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment deteriorated over the past week After last week's 26% share price decline to CN¥11.63, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 23% over the past three years. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.26 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.13 (down from CN¥0.26 in 1Q 2021). Revenue: CN¥631.4m (up 9.1% from 1Q 2021). Net income: CN¥31.0m (down 47% from 1Q 2021). Profit margin: 4.9% (down from 10% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging 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. 11 experienced directors. No highly experienced directors. 3 independent directors (5 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 • Mar 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.92 (up from CN¥0.54 in FY 2020). Revenue: CN¥2.73b (up 32% from FY 2020). Net income: CN¥207.3m (up 73% from FY 2020). Profit margin: 7.6% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Buying Opportunity • Feb 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 37%. The fair value is estimated to be CN¥22.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% per annum over the last 3 years. Earnings per share has grown by 51% per annum over the last 3 years. Buying Opportunity • Jan 27
Now 22% undervalued Over the last 90 days, the stock is up 5.6%. The fair value is estimated to be CN¥23.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% per annum over the last 3 years. Earnings per share has grown by 51% per annum over the last 3 years. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.20 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥719.1m (up 24% from 3Q 2020). Net income: CN¥62.6m (up 36% from 3Q 2020). Profit margin: 8.7% (up from 7.9% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.20 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥719.1m (up 24% from 3Q 2020). Net income: CN¥62.6m (up 36% from 3Q 2020). Profit margin: 8.7% (up from 7.9% in 3Q 2020). The increase in margin was driven by higher revenue. Announcement • Sep 13
Guangdong Champion Asia Electronics Co.,Ltd. announced that it has received CNY 190.099973 million in funding On September 11, 2021, Guangdong Champion Asia Electronics Co.,Ltd. closed the transaction. The company amended the terms of the transaction. The company issued 11,129,975 shares at CNY 17.08 per share for total proceeds of CNY 190,099,973. The transaction included participation from 5 investors. The company incurred issuance fees of CNY 6,187,877.32 to receive net proceeds of CNY 183,912,095.68. Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.25 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¥662.5m (up 28% from 2Q 2020). Net income: CN¥56.5m (up 19% from 2Q 2020). Profit margin: 8.5% (down from 9.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥23.99, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 62% over the past year. Reported Earnings • Apr 14
First quarter 2021 earnings released: EPS CN¥0.26 (vs CN¥0.04 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥578.8m (up 55% from 1Q 2020). Net income: CN¥58.9m (up CN¥68.9m from 1Q 2020). Profit margin: 10% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 29
Full year 2020 earnings released: EPS CN¥0.54 (vs CN¥0.17 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.07b (up 40% from FY 2019). Net income: CN¥120.1m (up 247% from FY 2019). Profit margin: 5.8% (up from 2.4% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥14.15 The company is down 19% from its price of CN¥17.49 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 25
New 90-day low: CN¥15.35 The company is down 13% from its price of CN¥17.57 on 25 September 2020. The Chinese market is up 5.0% 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. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS CN¥0.20 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥578.8m (up 52% from 3Q 2019). Net income: CN¥46.0m (up 431% from 3Q 2019). Profit margin: 7.9% (up from 2.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% 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 • Oct 30
Guangdong Champion Asia Electronics Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Guangdong Champion Asia Electronics Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Sep 28
New 90-day high: CN¥18.25 The company is up 28% from its price of CN¥14.27 on 30 June 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 6.0% over the same period.