New Risk • Jul 13
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 9.2% 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 (8.2% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). Announcement • Jun 30
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Reported Earnings • Apr 20
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: CN¥0.73 loss per share (further deteriorated from CN¥0.55 loss in FY 2024). Revenue: CN¥510.0m (up 21% from FY 2024). Net loss: CN¥61.7m (loss widened 32% from FY 2024). Revenue missed analyst estimates by 22%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Apr 20
Shanghai W-Ibeda High Tech.Group Co.,Ltd., Annual General Meeting, May 11, 2026 Shanghai W-Ibeda High Tech.Group Co.,Ltd., Annual General Meeting, May 11, 2026, at 13:00 China Standard Time. Location: Building 13, No. 1388, Zhangdong Road, Pudong New Area, Shanghai China Announcement • Mar 30
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Reported Earnings • Mar 05
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: CN¥0.68 loss per share (further deteriorated from CN¥0.55 loss in FY 2024). Revenue: CN¥516.6m (up 22% from FY 2024). Net loss: CN¥57.5m (loss widened 23% from FY 2024). Revenue missed analyst estimates by 22%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. New Risk • Mar 05
New major risk - Revenue and earnings growth Earnings have declined by 59% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.1% operating cash flow to total debt). Earnings have declined by 59% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). New Risk • Feb 03
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 7.7% 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 (1.1% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Announcement • Dec 26
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 20, 2026 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 20, 2026 Reported Earnings • Nov 03
Third quarter 2025 earnings released: CN¥0.35 loss per share (vs CN¥0.028 profit in 3Q 2024) Third quarter 2025 results: CN¥0.35 loss per share (down from CN¥0.028 profit in 3Q 2024). Revenue: CN¥121.5m (flat on 3Q 2024). Net loss: CN¥23.8m (down CN¥26.2m from profit in 3Q 2024). Revenue is forecast to grow 44% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 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 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 Risk Debt is not well covered by operating cash flow (1.4% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Jun 30
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Reported Earnings • Apr 30
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥0.55 loss per share (further deteriorated from CN¥0.20 loss in FY 2023). Revenue: CN¥423.4m (up 20% from FY 2023). Net loss: CN¥46.7m (loss widened 192% from FY 2023). Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Announcement • Apr 30
Shanghai W-Ibeda High Tech.Group Co.,Ltd., Annual General Meeting, May 20, 2025 Shanghai W-Ibeda High Tech.Group Co.,Ltd., Annual General Meeting, May 20, 2025, at 13:00 China Standard Time. Location: Building 13, No. 1388, Zhangdong Road, Pudong New Area, Shanghai China Announcement • Mar 28
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Reported Earnings • Mar 02
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥0.55 loss per share (further deteriorated from CN¥0.20 loss in FY 2023). Revenue: CN¥430.5m (up 22% from FY 2023). Net loss: CN¥46.5m (loss widened 190% from FY 2023). Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. 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. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (12% average weekly change). Announcement • Dec 27
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.028 (vs CN¥0.099 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.028 (down from CN¥0.099 in 3Q 2023). Revenue: CN¥121.2m (up 39% from 3Q 2023). Net income: CN¥2.35m (down 72% from 3Q 2023). Profit margin: 1.9% (down from 9.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 61% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Sep 30
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 9.6% 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 Debt is not well covered by operating cash flow (0.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Announcement • Sep 30
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Announcement • Jun 28
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • May 01
Shanghai W-Ibeda High Tech.Group Co.,Ltd., Annual General Meeting, May 20, 2024 Shanghai W-Ibeda High Tech.Group Co.,Ltd., Annual General Meeting, May 20, 2024, at 13:00 China Standard Time. Location: Building 13, No. 1388, Zhangdong Road, Pudong New Area, Shanghai China New Risk • Apr 30
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 Risks Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Reported Earnings • Apr 30
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CN¥0.20 loss per share (down from CN¥0.50 profit in FY 2022). Revenue: CN¥351.8m (up 4.5% from FY 2022). Net loss: CN¥16.0m (down 144% from profit in FY 2022). Revenue missed analyst estimates by 34%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 57% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. New Risk • Apr 16
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: 4.9% Last year net profit margin: 16% 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: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (4.9% net profit margin). Shareholders have been diluted in the past year (16% increase in shares outstanding). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥29.14, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 45% over the past year. Announcement • Mar 30
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥36.14, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 36% over the past year. New Risk • Mar 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (16% increase in shares outstanding). Announcement • Feb 29
Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that it expects to receive CNY 381.045002 million in funding from Shanghai Xizejia Intelligent Technology Co., Ltd. Shanghai W-Ibeda High Tech.Group Co.,Ltd. entered into a share subscription agreement with new investor Shanghai Xizejia Intelligent Technology Co., Ltd. for issuance of not more than 16,957,944 A shares at a price of CNY 22.47 per share for gross proceeds of not more than CNY 381,045,002 on February 28, 2024. The shares cannot be transferred within 36 months from the issuance closing date. The transaction has been approved at the 15th meeting of the company’s 4th directorate and the 9th meeting of the 4th supervisory board, and is subject to the approvals of the company’s shareholders, the Shanghai Stock Exchange, and the China Securities Regulatory Commission. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥28.83, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 58% over the past year. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to CN¥20.42, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 71% over the past year. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥35.97, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 48% over the past year. Announcement • Dec 30
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥45.07, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 16% over the past year. New Risk • Nov 26
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 8.3% 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 (8.3% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥47.27, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 33% over the past year. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥39.97, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 33% over the past year. Reported Earnings • Sep 02
Second quarter 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.20 loss in 2Q 2022) Second quarter 2023 results: CN¥0.17 loss per share (improved from CN¥0.20 loss in 2Q 2022). Revenue: CN¥51.7m (up 150% from 2Q 2022). Net loss: CN¥14.2m (flat on 2Q 2022). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Announcement • Jun 28
Shanghai W-Ibeda High Tech.Group Co.,Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Shanghai W-Ibeda High Tech.Group Co.,Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 New Risk • Jun 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 7.5% 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 Risks Interest payments are not well covered by earnings (2.8x net interest cover). High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: CN¥0.51 (vs CN¥0.93 in FY 2021) Full year 2022 results: EPS: CN¥0.51 (down from CN¥0.93 in FY 2021). Revenue: CN¥348.0m (up 8.5% from FY 2021). Net income: CN¥37.2m (down 36% from FY 2021). Profit margin: 11% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 52% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.56 (vs CN¥0.30 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.56 (up from CN¥0.30 in 3Q 2021). Revenue: CN¥162.4m (up 56% from 3Q 2021). Net income: CN¥43.7m (up 97% from 3Q 2021). Profit margin: 27% (up from 21% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Buying Opportunity • Sep 01
Now 25% undervalued Over the last 90 days, the stock is up 55%. The fair value is estimated to be CN¥79.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last year, while earnings per share has been flat. Revenue is forecast to grow by 65% in a year. Earnings is forecast to grow by 88% in the next year. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 27% share price gain to CN¥59.58, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 22x in the Electronic industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥80.34 per share. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥44.14, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 21x in the Electronic industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥69.59 per share. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥38.87, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Electronic industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥67.91 per share. Reported Earnings • May 02
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: CN¥0.05 loss per share. Revenue: CN¥50.1m (up 75% from 1Q 2021). Net loss: CN¥3.65m (loss widened 4.2% from 1Q 2021). Revenue missed analyst estimates by 8.2%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 66%, compared to a 25% growth forecast for the industry in China. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (4 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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥41.28, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the Electronic industry in China. Reported Earnings • Feb 28
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: CN¥0.98 (up from CN¥0.75 in FY 2020). Revenue: CN¥320.7m (up 6.2% from FY 2020). Net income: CN¥60.8m (up 45% from FY 2020). Profit margin: 19% (up from 14% in FY 2020). Revenue missed analyst estimates by 8.2%. Earnings per share (EPS) exceeded analyst estimates by 24%. Over the next year, revenue is forecast to grow 66%, compared to a 26% growth forecast for the industry in China.