New Risk • May 06
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (27% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Reported Earnings • May 01
Full year 2025 earnings released: EPS: CN¥0.30 (vs CN¥1.09 in FY 2024) Full year 2025 results: EPS: CN¥0.30 (down from CN¥1.09 in FY 2024). Revenue: CN¥2.41b (down 22% from FY 2024). Net income: CN¥27.3m (down 73% from FY 2024). Profit margin: 1.1% (down from 3.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. New Risk • Apr 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 9.9% 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 Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin). Announcement • Apr 30
Shenzhen Neoway Technology Co.,Ltd., Annual General Meeting, May 28, 2026 Shenzhen Neoway Technology Co.,Ltd., Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: 43F, Building 1, Huide Building, Beizhan Community, Minzhi Subdistrict, Longhua District, Shenzhen, Guangdong China Announcement • Mar 30
Shenzhen Neoway Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Shenzhen Neoway Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Mar 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 7.9% 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 Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (0.8% net profit margin). Reported Earnings • Mar 05
Full year 2025 earnings released: EPS: CN¥0.28 (vs CN¥1.09 in FY 2024) Full year 2025 results: EPS: CN¥0.28 (down from CN¥1.09 in FY 2024). Revenue: CN¥3.15b (up 2.7% from FY 2024). Net income: CN¥25.6m (down 75% from FY 2024). Profit margin: 0.8% (down from 3.3% 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 85% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 27
Now 20% overvalued Over the last 90 days, the stock has fallen 2.8% to CN¥49.67. The fair value is estimated to be CN¥41.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Feb 12
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at CN¥50.45. The fair value is estimated to be CN¥41.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥47.77, the stock trades at a trailing P/E ratio of 50.5x. Average trailing P/E is 88x in the Communications industry in China. Total returns to shareholders of 163% over the past three years. Announcement • Dec 26
Shenzhen Neoway Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 Shenzhen Neoway Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 Buy Or Sell Opportunity • Dec 24
Now 21% overvalued Over the last 90 days, the stock has fallen 30% to CN¥50.07. The fair value is estimated to be CN¥41.27, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Nov 20
Now 21% overvalued Over the last 90 days, the stock has fallen 25% to CN¥50.78. The fair value is estimated to be CN¥41.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Sep 30
Shenzhen Neoway Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shenzhen Neoway Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 03
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: 2.2% Last year net profit margin: 3.9% 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Announcement • Jun 30
Shenzhen Neoway Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shenzhen Neoway Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • May 07
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: 1.7% Last year net profit margin: 2.5% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.7% net profit margin). Announcement • Apr 30
Shenzhen Neoway Technology Co.,Ltd., Annual General Meeting, May 20, 2025 Shenzhen Neoway Technology Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: 43F, Building 1, Huide Building, Beizhan Community, Minzhi Subdistrict, Longhua District, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥39.83, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 76x in the Communications industry in China. Total returns to shareholders of 159% over the past three years. 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¥29.61, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 64x in the Communications industry in China. Total returns to shareholders of 41% over the past three years. Announcement • Mar 28
Shenzhen Neoway Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen Neoway Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥37.85, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 81x in the Communications industry in China. Total returns to shareholders of 67% over the past three years. Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: CN¥1.06 (vs CN¥0.42 loss in FY 2023) Full year 2024 results: EPS: CN¥1.06 (up from CN¥0.42 loss in FY 2023). Revenue: CN¥3.06b (up 229% from FY 2023). Net income: CN¥97.4m (up CN¥135.8m from FY 2023). Profit margin: 3.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥37.40, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 68x in the Communications industry in China. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥34.42, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 66x in the Communications industry in China. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥27.43, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 62x in the Communications industry in China. Total loss to shareholders of 18% over the past three years. Announcement • Dec 27
Shenzhen Neoway Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Shenzhen Neoway Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.009 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.009 in 3Q 2023). Revenue: CN¥806.0m (up 179% from 3Q 2023). Net income: CN¥13.7m (up CN¥12.9m from 3Q 2023). Profit margin: 1.7% (up from 0.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥30.80, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 44x in the Communications industry in China. Total returns to shareholders of 38% over the past three years. 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 9.2% 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 (9.2% average weekly change). High level of non-cash earnings (28% accrual ratio). Announcement • Sep 30
Shenzhen Neoway Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shenzhen Neoway Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥27.41, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 40x in the Communications industry in China. Total returns to shareholders of 25% over the past three years. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.27 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.25 (up from CN¥0.27 loss in 2Q 2023). Revenue: CN¥901.2m (up 290% from 2Q 2023). Net income: CN¥22.9m (up CN¥47.8m from 2Q 2023). Profit margin: 2.5% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥30.65, the stock trades at a trailing P/E ratio of 70.9x. Average trailing P/E is 48x in the Communications industry in China. Total returns to shareholders of 11% over the past three years. Announcement • Jun 28
Shenzhen Neoway Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Shenzhen Neoway Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • May 01
First quarter 2024 earnings released: EPS: CN¥0.64 (vs CN¥0.21 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.64 (up from CN¥0.21 loss in 1Q 2023). Revenue: CN¥862.4m (up 359% from 1Q 2023). Net income: CN¥58.7m (up CN¥78.3m from 1Q 2023). Profit margin: 6.8% (up from net loss in 1Q 2023). The move to profitability 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 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 01
Shenzhen Neoway Technology Co.,Ltd., Annual General Meeting, May 20, 2024 Shenzhen Neoway Technology Co.,Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 43F, Building 1, Huide Building, Beizhan Community, Minzhi Subdistrict, Longhua District, Shenzhen, Guangdong China Announcement • Mar 29
Shenzhen Neoway Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Shenzhen Neoway Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.62 loss in FY 2022) Full year 2023 results: EPS: CN¥0.05 (up from CN¥0.62 loss in FY 2022). Revenue: CN¥1.26b (up 51% from FY 2022). Net income: CN¥4.55m (up CN¥61.5m from FY 2022). Profit margin: 0.4% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 01
New major risk - Revenue and earnings growth Earnings have declined by 51% 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 Risk Earnings have declined by 51% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.009 (vs CN¥0.23 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.009 (up from CN¥0.23 loss in 3Q 2022). Revenue: CN¥289.4m (up 19% from 3Q 2022). Net income: CN¥814.6k (up CN¥21.8m from 3Q 2022). Profit margin: 0.3% (up from net loss in 3Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Oct 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 8.9% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.27 loss per share (vs CN¥0.089 loss in 2Q 2022) Second quarter 2023 results: CN¥0.27 loss per share (further deteriorated from CN¥0.089 loss in 2Q 2022). Revenue: CN¥231.2m (up 13% from 2Q 2022). Net loss: CN¥24.9m (loss widened 191% from 2Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Aug 26
Shenzhen Lifang Xingshu Investment Partnership Enterprise (Limited Partnership) agreed to acquire 15% stake in Shenzhen Neoway Data Technology Co., Ltd. from Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) for CNY 1. Shenzhen Lifang Xingshu Investment Partnership Enterprise (Limited Partnership) agreed to acquire 15% stake in Shenzhen Neoway Data Technology Co., Ltd. from Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) for CNY 1 on August 23, 2023. The transaction is approved by board of directors of Shenzhen Neoway Technology Co.,Ltd. Announcement • Jun 28
Shenzhen Neoway Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Shenzhen Neoway Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.07 loss in 1Q 2022) First quarter 2023 results: CN¥0.21 loss per share (further deteriorated from CN¥0.07 loss in 1Q 2022). Revenue: CN¥188.0m (up 28% from 1Q 2022). Net loss: CN¥19.6m (loss widened 210% from 1Q 2022). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 02
Full year 2022 earnings released: CN¥0.64 loss per share (vs CN¥0.14 loss in FY 2021) Full year 2022 results: CN¥0.64 loss per share (further deteriorated from CN¥0.14 loss in FY 2021). Revenue: CN¥893.1m (down 13% from FY 2021). Net loss: CN¥59.1m (loss widened 356% from FY 2021). 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 37% per year, which means it has not declined as severely as earnings. 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 (3 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: CN¥0.10 loss per share (vs CN¥0.071 profit in 3Q 2021) Third quarter 2022 results: CN¥0.10 loss per share (down from CN¥0.071 profit in 3Q 2021). Revenue: CN¥231.0m (down 15% from 3Q 2021). Net loss: CN¥9.39m (down 234% from profit in 3Q 2021). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Reported Earnings • Aug 31
Second quarter 2022 earnings released: CN¥0.089 loss per share (vs CN¥0.073 profit in 2Q 2021) Second quarter 2022 results: CN¥0.089 loss per share (down from CN¥0.073 profit in 2Q 2021). Revenue: CN¥204.4m (down 27% from 2Q 2021). Net loss: CN¥8.57m (down 230% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 98%, compared to a 32% growth forecast for the Communications industry in China. Reported Earnings • May 02
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: CN¥0.07 loss per share (up from CN¥0.26 loss in 1Q 2021). Revenue: CN¥146.8m (up 12% from 1Q 2021). Net loss: CN¥6.32m (loss narrowed 74% from 1Q 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 4.6%. Over the next year, revenue is forecast to grow 69%, compared to a 27% growth forecast for the industry in China. Reported Earnings • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: CN¥0.05 loss per share (up from CN¥0.84 loss in FY 2020). Revenue: CN¥1.03b (up 79% from FY 2020). Net loss: CN¥5.00m (loss narrowed 93% from FY 2020). Revenue was in line with analyst estimates. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.071 (vs CN¥0.16 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥272.4m (up 78% from 3Q 2020). Net income: CN¥7.03m (up CN¥21.9m from 3Q 2020). Profit margin: 2.6% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.073 (vs CN¥0.19 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¥281.3m (up 71% from 2Q 2020). Net income: CN¥6.58m (up CN¥23.4m from 2Q 2020). Profit margin: 2.3% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Announcement • Aug 23
Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) agreed to acquire 10% stake in Liantong Zhiwang Ruixing Technology (Beijing) Co., Ltd. from Shenzhen Youlian Internet of Things Co., Ltd. for CNY 4 million. Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) agreed to acquire 10% stake in Liantong Zhiwang Ruixing Technology (Beijing) Co., Ltd. from Shenzhen Youlian Internet of Things Co., Ltd. for CNY 4 million on August 19, 2021. For December 31, 2020, Liantong Zhiwang Ruixing reported total asset of CNY 5.5 million, revenue of CNY 2.6 million, net asset of CNY 1.9 million and net loss of 2.2 million. The transaction has been approved in the 29th Meeting of the Shenzhen Neoway’s 2nd Directorate and does not need the Shareholders’ Approval. Announcement • May 12
Shenzhen Neoway Technology Co.,Ltd. Officially Releases 5G+C-V2X Full-function Automotive-Grade Module A590 On May 7, 2021, at the Automotive Aftermarket Industry and Tuning Trade Fair, Shenzhen Neoway Technology Co.,Ltd. officially released the 5G+C-V2X full-function automotive-grade module A590. Neoway Technology 5G+C-V2X full-function automotive-grade module A590 has outstanding performance in product performance, communications stability and reliability, size of cellular modules and many other aspects. Automotive-grade: A590 is developed based on the Qualcomm automotive-grade chip SA515M. It is a true automotive-grade module that complies with IATF 16949 and ACE-Q100 standards, and can operate in the range of -40°C to +85°C. Small size, but powerful functions: A590 has a size of only 52 mm × 52 mm, but it has very powerful functions. It fully supports 5G, C-V2X, eCall, dual SIM dual active (DSDA), and multi-frequency multi-satellite GNSS. It can well meet the needs of products with high size requirements, such as shark fin smart antennas. High-precision positioning: A590 supports a full range of positioning systems such as GPS and BDS. It can implement high-precision positioning, by using RTK and QDR, regardless of whether in open spaces, or special scenarios such as tunnels and basements. DSDA: A590 supports simultaneous working of two cards, and can keep the data services of two operators online at the same time. This reduces network coverage blind areas exponentially, guarantees the online rate, and improves the safety of smart driving. By using a unique bandwidth aggregation/balancing mechanism and link quality prediction algorithm, A590 can guarantee the data quality of high-priority services, implementing more stable wireless communications and safer driving experience. High security: A590 provides a seamless combination of software and hardware security solutions in aspects including startup security, system security, and communications security. A590 can be used in a variety of smart connected vehicle scenarios, such as T-BOX, smart antenna, OBU, RSU, smart cockpit, and vehicle central control, providing strong support for safe driving of smart vehicles and even autonomous driving. Reported Earnings • Apr 28
Full year 2020 earnings released: CN¥0.84 loss per share (vs CN¥0.80 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥573.6m (down 27% from FY 2019). Net loss: CN¥75.1m (down 238% from profit in FY 2019). Is New 90 Day High Low • Mar 10
New 90-day low: CN¥21.64 The company is down 37% from its price of CN¥34.10 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 Communications industry, which is down 16% over the same period. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥22.88 The company is down 38% from its price of CN¥37.14 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 Communications industry, which is down 12% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥25.81 The company is down 37% from its price of CN¥41.26 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 Communications industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥33.09 The company is down 15% from its price of CN¥39.07 on 11 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 Communications industry, which is down 7.0% over the same period. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥38.16 The company is down 18% from its price of CN¥46.31 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 1.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥38.98 The company is down 28% from its price of CN¥54.19 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period. Announcement • Aug 29
Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) completed the acquisition of unknown stake in Xi'an Xunteng Tedchnology Co., Ltd. from shareholder. Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) agreed to acquire unknown stake in Xi'an Xunteng Tedchnology Co., Ltd. from shareholder on July 10, 2020. For the year ended December 31, 2019, Total assets of CNY 49.852485 million, net assets of CNY 26.888011 million, Revenue of CNY 40.107679 million and Net profit of CNY 5.788427 million. Transaction is approved by the board of Shenzhen Neoway Technology Co.,Ltd.
Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) completed the acquisition of unknown stake in Xi'an Xunteng Tedchnology Co., Ltd. from shareholder on August 26, 2020. Announcement • Jul 18
Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) acquired unknown stake Xi'an Xunteng Tedchnology Co., Ltd. from shareholders. Shenzhen Neoway Technology Co.,Ltd. (SHSE:688159) acquired unknown stake Xi'an Xunteng Tedchnology Co., Ltd. from shareholder on July 10, 2020. For the year ended December 31, 2019, Total assets of CNY 49.852485 million, net assets of CNY 26.888011 million, Revenue of CNY 40.107679 million and Net profit of CNY 5.788427 million. Transaction is approved by the board of Shenzhen Neoway Technology Co.,Ltd. Announcement • Jul 08
Shenzhen Neoway Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Shenzhen Neoway Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 20, 2020