Announcement • Apr 24
Harbin Xinguang Optic-Electronics Technology Co.,Ltd., Annual General Meeting, May 15, 2026 Harbin Xinguang Optic-Electronics Technology Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:00 China Standard Time. Location: 8F, No. 1294, Chuangxin Road, Songbei District, Harbin, Heilongjiang China Announcement • Mar 30
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Reported Earnings • Mar 05
Full year 2025 earnings released: CN¥0.38 loss per share (vs CN¥0.68 loss in FY 2024) Full year 2025 results: CN¥0.38 loss per share (improved from CN¥0.68 loss in FY 2024). Revenue: CN¥116.0m (down 33% from FY 2024). Net loss: CN¥37.7m (loss narrowed 45% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. Announcement • Dec 26
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: CN¥0.025 loss per share (vs CN¥0.16 loss in 3Q 2024) Third quarter 2025 results: CN¥0.025 loss per share (improved from CN¥0.16 loss in 3Q 2024). Revenue: CN¥19.5m (up 23% from 3Q 2024). Net loss: CN¥2.51m (loss narrowed 85% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Sep 30
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Sep 02
Second quarter 2025 earnings released: CN¥0.088 loss per share (vs CN¥0.13 loss in 2Q 2024) Second quarter 2025 results: CN¥0.088 loss per share (improved from CN¥0.13 loss in 2Q 2024). Revenue: CN¥13.4m (down 27% from 2Q 2024). Net loss: CN¥8.80m (loss narrowed 33% from 2Q 2024). 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 21% per year, which means it is well ahead of earnings. Announcement • Jun 30
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jun 18
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 11% 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 (11% average weekly change). Earnings have declined by 71% per year over the past 5 years. New Risk • May 12
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 8.8% 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 71% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Reported Earnings • Apr 27
Full year 2024 earnings released: CN¥0.68 loss per share (vs CN¥0.39 loss in FY 2023) Full year 2024 results: CN¥0.68 loss per share (further deteriorated from CN¥0.39 loss in FY 2023). Revenue: CN¥171.9m (up 6.0% from FY 2023). Net loss: CN¥68.0m (loss widened 74% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Announcement • Apr 26
Harbin Xinguang Optic-Electronics Technology Co.,Ltd., Annual General Meeting, May 16, 2025 Harbin Xinguang Optic-Electronics Technology Co.,Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: 25F, No. 1294, Chuangxin Road, Songbei District, Harbin, Heilongjiang China Announcement • Mar 28
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 03
Full year 2024 earnings released: CN¥0.68 loss per share (vs CN¥0.39 loss in FY 2023) Full year 2024 results: CN¥0.68 loss per share (further deteriorated from CN¥0.39 loss in FY 2023). Revenue: CN¥171.9m (up 6.0% from FY 2023). Net loss: CN¥68.0m (loss widened 74% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Announcement • Dec 27
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.16 loss per share (vs CN¥0.071 loss in 3Q 2023) Third quarter 2024 results: CN¥0.16 loss per share (further deteriorated from CN¥0.071 loss in 3Q 2023). Revenue: CN¥15.9m (down 43% from 3Q 2023). Net loss: CN¥16.3m (loss widened 127% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Announcement • Jun 29
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Apr 21
Harbin Xinguang Optic-Electronics Technology Co.,Ltd., Annual General Meeting, May 15, 2024 Harbin Xinguang Optic-Electronics Technology Co.,Ltd., Annual General Meeting, May 15, 2024, at 13:00 China Standard Time. Reported Earnings • Apr 20
Full year 2023 earnings released: CN¥0.39 loss per share (vs CN¥0.25 loss in FY 2022) Full year 2023 results: CN¥0.39 loss per share (further deteriorated from CN¥0.25 loss in FY 2022). Revenue: CN¥162.2m (up 8.2% from FY 2022). Net loss: CN¥39.2m (loss widened 59% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 26
Full year 2023 earnings released: CN¥0.38 loss per share (vs CN¥0.25 loss in FY 2022) Full year 2023 results: CN¥0.38 loss per share (further deteriorated from CN¥0.25 loss in FY 2022). Revenue: CN¥160.4m (up 7.0% from FY 2022). Net loss: CN¥38.1m (loss widened 54% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. New Risk • Feb 05
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: Major Risk Earnings have declined by 64% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Announcement • Dec 29
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.087 loss per share (vs CN¥0.14 profit in 2Q 2022) Second quarter 2023 results: CN¥0.087 loss per share (down from CN¥0.14 profit in 2Q 2022). Revenue: CN¥33.7m (down 24% from 2Q 2022). Net loss: CN¥8.63m (down 159% from profit in 2Q 2022). 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 • Jun 28
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Harbin Xinguang Optic-Electronics Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 22
Full year 2022 earnings released: CN¥0.25 loss per share (vs CN¥0.018 profit in FY 2021) Full year 2022 results: CN¥0.25 loss per share (down from CN¥0.018 profit in FY 2021). Revenue: CN¥149.9m (up 4.2% from FY 2021). Net loss: CN¥24.7m (down CN¥26.5m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 02
Full year 2022 earnings released: CN¥0.24 loss per share (vs CN¥0.018 profit in FY 2021) Full year 2022 results: CN¥0.24 loss per share (down from CN¥0.018 profit in FY 2021). Revenue: CN¥149.9m (up 4.2% from FY 2021). Net loss: CN¥23.8m (down CN¥25.6m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. 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. 11 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Xiuzhu Gao was the last independent director to join the board, commencing their role in 2018. 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: CN¥0.013 loss per share (vs CN¥0.091 loss in 3Q 2021) Third quarter 2022 results: CN¥0.013 loss per share (improved from CN¥0.091 loss in 3Q 2021). Revenue: CN¥44.6m (up 275% from 3Q 2021). Net loss: CN¥1.25m (loss narrowed 87% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.031 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.031 in 2Q 2021). Revenue: CN¥44.6m (down 4.4% from 2Q 2021). Net income: CN¥14.6m (up 370% from 2Q 2021). Profit margin: 33% (up from 6.7% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
First quarter 2022 earnings released: CN¥0.089 loss per share (vs CN¥0.095 profit in 1Q 2021) First quarter 2022 results: CN¥0.089 loss per share (down from CN¥0.095 profit in 1Q 2021). Revenue: CN¥13.8m (down 53% from 1Q 2021). Net loss: CN¥8.86m (down 194% from profit in 1Q 2021). 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). Independent Director Xiuzhu Gao was the last independent director to join the board, commencing their role in 2018. 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 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.046 (down from CN¥0.24 in FY 2020). Revenue: CN¥156.2m (up 26% from FY 2020). Net income: CN¥4.55m (down 81% from FY 2020). Profit margin: 2.9% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Reported Earnings • Oct 21
Third quarter 2021 earnings released: CN¥0.091 loss per share (vs CN¥0.14 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥11.9m (down 48% from 3Q 2020). Net loss: CN¥9.35m (down 164% from profit in 3Q 2020). Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS CN¥0.031 (vs CN¥0.028 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥46.6m (up 142% from 2Q 2020). Net income: CN¥3.10m (up CN¥5.87m from 2Q 2020). Profit margin: 6.7% (up from net loss in 2Q 2020). Reported Earnings • Apr 20
First quarter 2021 earnings released: EPS CN¥0.095 (vs CN¥0.017 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¥29.3m (up 100% from 1Q 2020). Net income: CN¥9.47m (up CN¥11.2m from 1Q 2020). Profit margin: 32% (up from net loss in 1Q 2020). Is New 90 Day High Low • Mar 04
New 90-day low: CN¥39.38 The company is down 26% from its price of CN¥53.27 on 04 December 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.24 (vs CN¥0.71 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥124.1m (down 35% from FY 2019). Net income: CN¥24.2m (down 60% from FY 2019). Profit margin: 20% (down from 32% in FY 2019). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥42.98, the stock is trading at a trailing P/E ratio of 76.8x, down from the previous P/E ratio of 94.7x. This compares to an average P/E of 39x in the Electronic industry in China. Total return to shareholders over the past year is a loss of 5.2%. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥45.05 The company is down 6.0% from its price of CN¥47.98 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period. Announcement • Jan 21
Harbin Xinguang Optic-Electronics Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 16, 2021 Harbin Xinguang Optic-Electronics Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 16, 2021 Is New 90 Day High Low • Jan 04
New 90-day high: CN¥57.27 The company is up 5.0% from its price of CN¥54.70 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 4.0% over the same period. Reported Earnings • Oct 27
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥56.0m, largely unchanged from the prior year. Total revenue was CN¥154.3m over the last 12 months, down 34% from the prior year. Announcement • Oct 19
Harbin Xinguang Optic-Electronics Technology Co., Ltd. to Report Q3, 2020 Results on Oct 21, 2020 Harbin Xinguang Optic-Electronics Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 21, 2020 Announcement • Jul 09
Harbin Xinguang Optic-Electronics Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020 Harbin Xinguang Optic-Electronics Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020