Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥26.88, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 64x in the Electronic industry in China. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥30.38, the stock trades at a trailing P/E ratio of 44.6x. Average trailing P/E is 78x in the Electronic industry in China. Total returns to shareholders of 23% over the past three years. Announcement • Jun 30
Jiangsu Xiehe Electronic Co.,Ltd. to Report First Half, 2026 Results on Aug 22, 2026 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 Declared Dividend • Jun 01
Dividend reduced to CN¥0.50 Dividend of CN¥0.50 is 29% lower than last year. Ex-date: 2nd June 2026 Payment date: 2nd June 2026 Dividend yield will be 1.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has remained flat since 5 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 19% to shift the payout ratio to a potentially unsustainable range, which is more than the 12% EPS decline seen over the last 5 years. New Risk • May 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 8.1% 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: Major Risk Earnings have declined by 5.8% per year over the past 5 years. 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). Reported Earnings • Apr 21
Full year 2025 earnings released: EPS: CN¥0.76 (vs CN¥0.81 in FY 2024) Full year 2025 results: EPS: CN¥0.76 (down from CN¥0.81 in FY 2024). Revenue: CN¥978.8m (up 10% from FY 2024). Net income: CN¥66.7m (down 6.4% from FY 2024). Profit margin: 6.8% (down from 8.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year. Announcement • Apr 21
Jiangsu Xiehe Electronic Co.,Ltd., Annual General Meeting, May 15, 2026 Jiangsu Xiehe Electronic Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China Announcement • Mar 30
Jiangsu Xiehe Electronic Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 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¥30.87, the stock trades at a trailing P/E ratio of 39.1x. Average trailing P/E is 58x in the Electronic industry in China. Total returns to shareholders of 23% over the past three years. Announcement • Dec 26
Jiangsu Xiehe Electronic Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.17 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.18 (up from CN¥0.17 in 3Q 2024). Revenue: CN¥266.8m (up 12% from 3Q 2024). Net income: CN¥15.8m (up 5.0% from 3Q 2024). Profit margin: 5.9% (down from 6.3% 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 15% per year whereas the company’s share price has increased by 16% per year. Announcement • Sep 30
Jiangsu Xiehe Electronic Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥35.88, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 59x in the Electronic industry in China. Total returns to shareholders of 75% over the past three years. Reported Earnings • Aug 24
Second quarter 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.21 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.19 (down from CN¥0.21 in 2Q 2024). Revenue: CN¥254.7m (up 16% from 2Q 2024). Net income: CN¥17.0m (down 6.9% from 2Q 2024). Profit margin: 6.7% (down from 8.3% in 2Q 2024). The decrease in margin was driven by higher 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
Jiangsu Xiehe Electronic Co.,Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Reported Earnings • Apr 15
Full year 2024 earnings released: EPS: CN¥0.81 (vs CN¥0.42 in FY 2023) Full year 2024 results: EPS: CN¥0.81 (up from CN¥0.42 in FY 2023). Revenue: CN¥886.6m (up 21% from FY 2023). Net income: CN¥71.3m (up 91% from FY 2023). Profit margin: 8.0% (up from 5.1% in FY 2023). 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 but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Apr 15
Jiangsu Xiehe Electronic Co.,Ltd., Annual General Meeting, May 16, 2025 Jiangsu Xiehe Electronic Co.,Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥25.08, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 14% over the past three years. Announcement • Mar 28
Jiangsu Xiehe Electronic Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 New Risk • Feb 20
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 8.3% 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 Risk Earnings have declined by 21% per year over the past 5 years. 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 (8.3% average weekly change). Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥32.80, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years. Announcement • Dec 27
Jiangsu Xiehe Electronic Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025 Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥33.31, the stock trades at a trailing P/E ratio of 50.9x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.073 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.073 in 3Q 2023). Revenue: CN¥238.3m (up 25% from 3Q 2023). Net income: CN¥15.0m (up 134% from 3Q 2023). Profit margin: 6.3% (up from 3.4% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Sep 30
Jiangsu Xiehe Electronic Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥29.29, the stock trades at a trailing P/E ratio of 52.6x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 3.6% over the past three years. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.14 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.14 in 2Q 2023). Revenue: CN¥219.4m (up 18% from 2Q 2023). Net income: CN¥18.3m (up 53% from 2Q 2023). Profit margin: 8.3% (up from 6.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% 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 • Jun 29
Jiangsu Xiehe Electronic Co.,Ltd. to Report First Half, 2024 Results on Aug 13, 2024 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report first half, 2024 results on Aug 13, 2024 Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥30.18, the stock trades at a trailing P/E ratio of 62.2x. Average trailing P/E is 40x in the Electronic industry in China. Total loss to shareholders of 1.1% over the past three years. New Risk • Jun 06
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 25% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥25.97, the stock trades at a trailing P/E ratio of 53.5x. Average trailing P/E is 42x in the Electronic industry in China. Total loss to shareholders of 19% over the past three years. New Risk • May 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.09 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.09 in 1Q 2023). Revenue: CN¥182.5m (up 27% from 1Q 2023). Net income: CN¥13.3m (up 69% from 1Q 2023). Profit margin: 7.3% (up from 5.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. New Risk • Apr 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 11% 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 24% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Announcement • Apr 16
Jiangsu Xiehe Electronic Co.,Ltd., Annual General Meeting, May 13, 2024 Jiangsu Xiehe Electronic Co.,Ltd., Annual General Meeting, May 13, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥16.93, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 52% over the past three years. Announcement • Mar 29
Jiangsu Xiehe Electronic Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥19.99, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 38% over the past three years. Announcement • Dec 29
Jiangsu Xiehe Electronic Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 New Risk • Nov 09
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 6.4% 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 24% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥31.37, the stock trades at a trailing P/E ratio of 64.9x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 39% over the past year. New Risk • Aug 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. 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. Announcement • Jun 28
Jiangsu Xiehe Electronic Co.,Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: CN¥0.57 (vs CN¥0.89 in FY 2021) Full year 2022 results: EPS: CN¥0.57 (down from CN¥0.89 in FY 2021). Revenue: CN¥687.7m (down 6.3% from FY 2021). Net income: CN¥50.5m (down 35% from FY 2021). Profit margin: 7.4% (down from 11% in FY 2021). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥28.88, the stock trades at a trailing P/E ratio of 49.6x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 6.7% over the past year. 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. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Weisheng Yang was the last independent director to join the board, commencing their role in 2019. 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 26
Third quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.18 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.23 (up from CN¥0.18 in 3Q 2021). Revenue: CN¥185.1m (up 24% from 3Q 2021). Net income: CN¥20.4m (up 32% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: CN¥0.051 (vs CN¥0.32 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.051 (down from CN¥0.32 in 2Q 2021). Revenue: CN¥171.2m (down 12% from 2Q 2021). Net income: CN¥4.51m (down 84% from 2Q 2021). Profit margin: 2.6% (down from 15% in 2Q 2021). Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥28.49, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 36x in the Electronic industry in China. Total loss to shareholders of 13% over the past year. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥25.32, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 33x in the Electronic industry in China. Total loss to shareholders of 22% over the past year. 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. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Weisheng Yang was the last independent director to join the board, commencing their role in 2019. 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 12
Full year 2021 earnings released: EPS: CN¥0.89 (vs CN¥1.35 in FY 2020) Full year 2021 results: EPS: CN¥0.89 (down from CN¥1.35 in FY 2020). Revenue: CN¥734.1m (up 19% from FY 2020). Net income: CN¥78.1m (down 15% from FY 2020). Profit margin: 11% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥33.99, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 41x in the Electronic industry in China. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.26 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥149.6m (down 3.6% from 3Q 2020). Net income: CN¥15.5m (down 8.8% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020). Reported Earnings • Aug 03
Second quarter 2021 earnings released: EPS CN¥0.32 (vs CN¥0.47 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥194.0m (up 12% from 2Q 2020). Net income: CN¥28.4m (down 7.8% from 2Q 2020). Profit margin: 15% (down from 18% in 2Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.34 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥168.4m (up 23% from 1Q 2020). Net income: CN¥17.3m (down 24% from 1Q 2020). Profit margin: 10% (down from 17% in 1Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥1.35 (vs CN¥1.65 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥615.8m (up 14% from FY 2019). Net income: CN¥91.6m (down 16% from FY 2019). Profit margin: 15% (down from 20% in FY 2019). The decrease in margin was driven by higher expenses. Announcement • Mar 05
Jiangsu Xiehe Electronic Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021 Jiangsu Xiehe Electronic Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021 Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥38.80, the stock is trading at a trailing P/E ratio of 25.8x, down from the previous P/E ratio of 30.9x. This compares to an average P/E of 44x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥44.52, the stock is trading at a trailing P/E ratio of 29.6x, down from the previous P/E ratio of 36.2x. This compares to an average P/E of 44x in the Electronic industry in China.