Reported Earnings • Apr 24
Full year 2025 earnings released: CN¥0.06 loss per share (vs CN¥0.09 loss in FY 2024) Full year 2025 results: CN¥0.06 loss per share (improved from CN¥0.09 loss in FY 2024). Revenue: CN¥913.8m (up 11% from FY 2024). Net loss: CN¥23.4m (loss narrowed 37% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance. Announcement • Apr 24
Zhejiang Shengyang Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2026 Zhejiang Shengyang Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shaoxing, Zhejiang China Announcement • Mar 30
Zhejiang Shengyang Science and Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Zhejiang Shengyang Science and Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Announcement • Dec 26
Zhejiang Shengyang Science and Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Zhejiang Shengyang Science and Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 New Risk • Dec 18
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 7.3% 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 Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 66% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • Oct 28
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: CN¥227.4m (up 7.9% from 3Q 2024). Net income: CN¥2.10m (up 32% from 3Q 2024). Profit margin: 0.9% (in line with 3Q 2024). Announcement • Sep 30
Zhejiang Shengyang Science and Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Zhejiang Shengyang Science and Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jun 30
Zhejiang Shengyang Science and Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Zhejiang Shengyang Science and Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Reported Earnings • Apr 19
Full year 2024 earnings released: CN¥0.09 loss per share (vs CN¥0.01 profit in FY 2023) Full year 2024 results: CN¥0.09 loss per share (down from CN¥0.01 profit in FY 2023). Revenue: CN¥825.0m (up 26% from FY 2023). Net loss: CN¥37.0m (down CN¥40.6m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Announcement • Apr 18
Zhejiang Shengyang Science and Technology Co.,Ltd., Annual General Meeting, May 15, 2025 Zhejiang Shengyang Science and Technology Co.,Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shaoxing, Zhejiang China Announcement • Mar 28
Zhejiang Shengyang Science and Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Zhejiang Shengyang Science and Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Announcement • Dec 27
Zhejiang Shengyang Science and Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Zhejiang Shengyang Science and Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.009 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.007 (up from CN¥0.009 loss in 3Q 2023). Revenue: CN¥210.7m (up 30% from 3Q 2023). Net income: CN¥1.59m (up CN¥3.54m from 3Q 2023). Profit margin: 0.8% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Zhejiang Shengyang Science and Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Zhejiang Shengyang Science and Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 New Risk • Sep 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 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 Debt is not well covered by operating cash flow (1.7% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.008 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.002 (down from CN¥0.008 in 2Q 2023). Revenue: CN¥185.0m (up 20% from 2Q 2023). Net income: CN¥1.42m (down 71% from 2Q 2023). Profit margin: 0.8% (down from 3.1% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Jun 28
Zhejiang Shengyang Science and Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Zhejiang Shengyang Science and Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.014 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.014 in 1Q 2023). Revenue: CN¥171.9m (down 13% from 1Q 2023). Net income: CN¥3.71m (down 30% from 1Q 2023). Profit margin: 2.2% (down from 2.7% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.036 in FY 2022) Full year 2023 results: EPS: CN¥0.01 (down from CN¥0.036 in FY 2022). Revenue: CN¥653.7m (down 20% from FY 2022). Net income: CN¥3.56m (down 77% from FY 2022). Profit margin: 0.5% (down from 1.9% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Apr 12
Zhejiang Shengyang Science and Technology Co.,Ltd., Annual General Meeting, May 08, 2024 Zhejiang Shengyang Science and Technology Co.,Ltd., Annual General Meeting, May 08, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shaoxing, Zhejiang China Announcement • Mar 29
Zhejiang Shengyang Science and Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Zhejiang Shengyang Science and Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Dec 29
Zhejiang Shengyang Science and Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024 Zhejiang Shengyang Science and Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.009 loss per share (vs CN¥0.012 profit in 3Q 2022) Third quarter 2023 results: CN¥0.009 loss per share (down from CN¥0.012 profit in 3Q 2022). Revenue: CN¥162.3m (down 14% from 3Q 2022). Net loss: CN¥1.95m (down 137% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. New Risk • Nov 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 2.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.008 (vs CN¥0.027 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.008 (down from CN¥0.027 in 2Q 2022). Revenue: CN¥154.2m (down 23% from 2Q 2022). Net income: CN¥4.82m (down 59% from 2Q 2022). Profit margin: 3.1% (down from 5.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Zhejiang Shengyang Science and Technology Co., Ltd. to Report First Half, 2023 Results on Aug 28, 2023 Zhejiang Shengyang Science and Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 28, 2023 Reported Earnings • Apr 21
Full year 2022 earnings released: EPS: CN¥0.05 (vs CN¥0.04 in FY 2021) Full year 2022 results: EPS: CN¥0.05 (up from CN¥0.04 in FY 2021). Revenue: CN¥818.7m (down 16% from FY 2021). Net income: CN¥15.4m (up 48% from FY 2021). Profit margin: 1.9% (up from 1.1% in FY 2021). 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 6% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.017 (vs CN¥0.003 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.017 (up from CN¥0.003 in 3Q 2021). Revenue: CN¥189.3m (down 22% from 3Q 2021). Net income: CN¥5.33m (up 463% from 3Q 2021). Profit margin: 2.8% (up from 0.4% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.038 (vs CN¥0.018 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.038 (up from CN¥0.018 in 2Q 2021). Revenue: CN¥200.7m (down 21% from 2Q 2021). Net income: CN¥11.9m (up 153% from 2Q 2021). Profit margin: 5.9% (up from 1.9% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.03 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.02 (down from CN¥0.03 in 1Q 2021). Revenue: CN¥202.3m (down 17% from 1Q 2021). Net income: CN¥5.20m (down 50% from 1Q 2021). Profit margin: 2.6% (down from 4.3% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Nov 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Deputy General Manager, Secretary of the Board and Director Qiu Ting Wu was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.003 (vs CN¥0.007 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¥242.4m (up 23% from 3Q 2020). Net income: CN¥946.0k (down 46% from 3Q 2020). Profit margin: 0.4% (down from 0.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.018 (vs CN¥0.01 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥253.1m (up 34% from 2Q 2020). Net income: CN¥4.69m (up 107% from 2Q 2020). Profit margin: 1.9% (up from 1.2% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Aug 18
Zhejiang Shengyang Science and Technology Co., Ltd. (SHSE:603703) completed the acquisition of 43.8% stake in Zhejiang Qiusheng Optoelectronic Technology Co., Ltd. from a group of sellers Zhejiang Shengyang Science and Technology Co., Ltd. (SHSE:603703) signed an agreement to acquire additional 43.8% stake in Zhejiang Qiusheng Optoelectronic Technology Co., Ltd. from a group of sellers for approximately CNY 230 million on May 12, 2021. Zhejiang Shengyang Science and Technology will acquire 36.8768%, 4.0084%, 2.5938%, 0.0904%, 0.0904%, 0.0598%, 0.0233%, 0.0362%, 0.0346% and 0.0301% from Qiu Jianliang, BOE Technology Group Co., Ltd., Zheng Wumao, Changxing Jiasheng Enterprise Management Consulting Partnership Enterprise (Limited Partnership), Chen Jisen, Ding Rengen, Chen Guanlin, Shaoxing Shenghe Enterprise Management Partnership Enterprise (Limited Partnership) and Lin Hongmei respectively. The financials of Zhejiang Qiusheng Optoelectronic Technology for December 31, 2020, are total assets of CNY 307.8 million, net assets of CNY 150.6 million, revenues of CNY 342.1 million and net profit of CNY 37.7 million. The transaction is approved by the Board of Directors and subject to shareholders approval of Zhejiang Shengyang Science and Technology. As of May 28, 2021, shareholders of Zhejiang Shengyang Science and Technology Co., Ltd. has approved the transaction.
Zhejiang Shengyang Science and Technology Co., Ltd. (SHSE:603703) completed the acquisition of 43.8% stake in Zhejiang Qiusheng Optoelectronic Technology Co., Ltd. from a group of sellers on August 18, 2021. Announcement • Jun 10
Zhejiang Shengyang Science and Technology Co., Ltd. (SHSE:603703) announces an Equity Buyback for CNY 200 million worth of its shares. Zhejiang Shengyang Science and Technology Co., Ltd. (SHSE:603703) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 18 per share. The repurchases will be funded using the company's own funds. The shares repurchased will be used for equity incentive plans or employee stock ownership plans. The program will be valid for 12 months. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.02 (vs CN¥0.02 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥747.6m (down 10% from FY 2019). Net income: CN¥5.25m (up 36% from FY 2019). Profit margin: 0.7% (up from 0.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 18
New 90-day high: CN¥13.32 The company is up 15% from its price of CN¥11.62 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 Communications industry, which is down 16% over the same period. Is New 90 Day High Low • Jan 19
New 90-day high: CN¥13.13 The company is up 3.0% from its price of CN¥12.78 on 21 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 8.0% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: CN¥10.63 The company is down 23% from its price of CN¥13.85 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 15% over the same period. Is New 90 Day High Low • Sep 23
New 90-day low: CN¥11.28 The company is down 16% from its price of CN¥13.45 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 Communications industry, which is up 2.0% over the same period.