Announcement • Jun 30
Xiamen Leading Optics Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Xiamen Leading Optics Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥40.16, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 76x in the Electronic industry in China. Total returns to shareholders of 175% over the past three years. Reported Earnings • Apr 15
Full year 2025 earnings released: EPS: CN¥0.64 (vs CN¥0.43 in FY 2024) Full year 2025 results: EPS: CN¥0.64 (up from CN¥0.43 in FY 2024). Revenue: CN¥830.5m (up 34% from FY 2024). Net income: CN¥260.0m (up 48% from FY 2024). Profit margin: 31% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 15
Xiamen Leading Optics Co., Ltd., Annual General Meeting, May 08, 2026 Xiamen Leading Optics Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China Announcement • Mar 30
Xiamen Leading Optics Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Xiamen Leading Optics Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥36.17, the stock trades at a trailing P/E ratio of 53.9x. Average trailing P/E is 58x in the Electronic industry in China. Total returns to shareholders of 182% over the past three years. Announcement • Dec 26
Xiamen Leading Optics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 Xiamen Leading Optics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Board Change • Dec 12
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 Jian Li 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. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.21 (vs CN¥0.092 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.21 (up from CN¥0.092 in 3Q 2024). Revenue: CN¥245.4m (up 53% from 3Q 2024). Net income: CN¥87.0m (up 132% from 3Q 2024). Profit margin: 35% (up from 23% in 3Q 2024). The increase in margin was driven by higher revenue. 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 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Xiamen Leading Optics Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Xiamen Leading Optics Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Jul 28
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 7.1% 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 (7.1% average weekly change). Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥31.13, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 53x in the Electronic industry in China. Total returns to shareholders of 139% over the past three years. Announcement • Jun 30
Xiamen Leading Optics Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Xiamen Leading Optics Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥22.80, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 73% over the past three years. New Risk • Apr 25
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 96% Dividend yield: 2.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 96% Earnings have declined by 1.8% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Reported Earnings • Apr 22
Full year 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.38 in FY 2023) Full year 2024 results: EPS: CN¥0.43 (up from CN¥0.38 in FY 2023). Revenue: CN¥620.5m (up 2.7% from FY 2023). Net income: CN¥175.3m (up 14% from FY 2023). Profit margin: 28% (up from 26% in FY 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 22
Xiamen Leading Optics Co., Ltd., Annual General Meeting, May 12, 2025 Xiamen Leading Optics Co., Ltd., Annual General Meeting, May 12, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥16.10, the stock trades at a trailing P/E ratio of 43.3x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 32% over the past three years. Announcement • Mar 28
Xiamen Leading Optics Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Xiamen Leading Optics Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥23.29, the stock trades at a trailing P/E ratio of 62.6x. Average trailing P/E is 53x in the Electronic industry in China. Total returns to shareholders of 88% over the past three years. New Risk • Mar 07
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 8.5% 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 2.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (91% payout ratio). Share price has been volatile over the past 3 months (8.5% average weekly change). Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥21.29, the stock trades at a trailing P/E ratio of 57.2x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 20% over the past three years. Announcement • Dec 27
Xiamen Leading Optics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Xiamen Leading Optics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.092 (vs CN¥0.11 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.092 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥160.8m (down 6.3% from 3Q 2023). Net income: CN¥37.4m (down 13% from 3Q 2023). Profit margin: 23% (down from 25% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Sep 30
Xiamen Leading Optics Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Xiamen Leading Optics 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¥16.73, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 33% over the past three years. Buy Or Sell Opportunity • Sep 30
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to CN¥16.73. The fair value is estimated to be CN¥12.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years, while earnings per share has been flat. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.11 in 2Q 2023). Revenue: CN¥149.1m (down 7.1% from 2Q 2023). Net income: CN¥44.0m (down 3.1% from 2Q 2023). Profit margin: 30% (up from 28% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥15.50, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 8.7% over the past three years. Announcement • Jun 28
Xiamen Leading Optics Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Xiamen Leading Optics Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Buy Or Sell Opportunity • May 07
Now 20% undervalued Over the last 90 days, the stock has risen 55% to CN¥18.41. The fair value is estimated to be CN¥23.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years, while earnings per share has been flat. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: CN¥0.084 (vs CN¥0.074 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.084 (up from CN¥0.074 in 1Q 2023). Revenue: CN¥145.1m (up 11% from 1Q 2023). Net income: CN¥34.3m (up 14% from 1Q 2023). Profit margin: 24% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: CN¥0.38 (vs CN¥0.39 in FY 2022) Full year 2023 results: EPS: CN¥0.38 (down from CN¥0.39 in FY 2022). Revenue: CN¥604.0m (up 3.2% from FY 2022). Net income: CN¥154.2m (down 1.3% from FY 2022). Profit margin: 26% (down from 27% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Apr 16
Xiamen Leading Optics Co., Ltd., Annual General Meeting, May 07, 2024 Xiamen Leading Optics Co., Ltd., Annual General Meeting, May 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥16.17, the stock trades at a trailing P/E ratio of 49.2x. Average trailing P/E is 37x in the Electronic industry in China. Negligible returns to shareholders over past three years. Announcement • Mar 29
Xiamen Leading Optics Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Xiamen Leading Optics Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥20.48, the stock trades at a trailing P/E ratio of 62.3x. Average trailing P/E is 40x in the Electronic industry in China. Total returns to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥14.69, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 3.2% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥15.72, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 34x in the Electronic industry in China. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to CN¥20.93, the stock trades at a trailing P/E ratio of 63.6x. Average trailing P/E is 44x in the Electronic industry in China. Total returns to shareholders of 38% over the past three years. Announcement • Dec 29
Xiamen Leading Optics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 Xiamen Leading Optics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥19.99, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 44x in the Electronic industry in China. Total returns to shareholders of 39% over the past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥171.6m (up 11% from 3Q 2022). Net income: CN¥43.1m (down 12% from 3Q 2022). Profit margin: 25% (down from 32% 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 5% per year and the company’s share price has also fallen by 5% per year. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.12 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.12 in 2Q 2022). Revenue: CN¥160.5m (up 7.9% from 2Q 2022). Net income: CN¥45.4m (down 5.3% from 2Q 2022). Profit margin: 28% (down from 32% in 2Q 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 but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥15.86, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 16% over the past year. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥19.90, the stock trades at a trailing P/E ratio of 56.9x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 50% over the past year. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.25, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 43x in the Electronic industry in China. Total returns to shareholders of 11% over the past year. Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.39 (vs CN¥0.36 in FY 2021) Full year 2022 results: EPS: CN¥0.39 (up from CN¥0.36 in FY 2021). Revenue: CN¥585.1m (up 17% from FY 2021). Net income: CN¥156.2m (up 7.1% from FY 2021). Profit margin: 27% (down from 29% in FY 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.11 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.11 in 3Q 2021). Revenue: CN¥154.3m (up 2.4% from 3Q 2021). Net income: CN¥49.1m (up 11% from 3Q 2021). Profit margin: 32% (up from 29% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.095 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.095 in 2Q 2021). Revenue: CN¥148.8m (up 19% from 2Q 2021). Net income: CN¥47.9m (up 25% from 2Q 2021). Profit margin: 32% (up from 31% in 2Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.36 (vs CN¥0.40 in FY 2020) Full year 2021 results: EPS: CN¥0.36 (down from CN¥0.40 in FY 2020). Revenue: CN¥501.0m (up 20% from FY 2020). Net income: CN¥145.8m (down 3.2% from FY 2020). Profit margin: 29% (down from 36% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.083 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥150.6m (up 53% from 3Q 2020). Net income: CN¥44.2m (up 43% from 3Q 2020). Profit margin: 29% (down from 31% in 3Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.095 (vs CN¥0.14 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥124.9m (down 3.5% from 2Q 2020). Net income: CN¥38.4m (down 24% from 2Q 2020). Profit margin: 31% (down from 39% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Reported Earnings • May 01
First quarter 2021 earnings released: EPS CN¥0.082 (vs CN¥0.091 in 1Q 2020) The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2021 results: Revenue: CN¥83.4m (up 4.6% from 1Q 2020). Net income: CN¥33.1m (flat on 1Q 2020). Profit margin: 40% (down from 41% in 1Q 2020). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Mar 10
New 90-day low: CN¥13.81 The company is down 23% from its price of CN¥17.85 on 10 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 7.0% over the same period. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥14.10 The company is down 22% from its price of CN¥18.08 on 05 November 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 flat over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥14.20 The company is down 28% from its price of CN¥19.66 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 17
New 90-day low: CN¥16.76 The company is down 10.0% from its price of CN¥18.65 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: CN¥17.19 The company is down 3.0% from its price of CN¥17.79 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 • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥164.0m, down 12% from the prior year. Total revenue was CN¥441.6m over the last 12 months, down 8.1% from the prior year. Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 16% share price gain to CN¥20.79, the stock is trading at a trailing P/E ratio of 43.6x, up from the previous P/E ratio of 37.5x. This compares to an average P/E of 50x in the Electronic industry in China.