Announcement • Apr 29
Shenzhen Pacific Union Precision Manufacturing Co., Ltd., Annual General Meeting, May 20, 2026 Shenzhen Pacific Union Precision Manufacturing Co., Ltd., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: Tower D, No. 282, Huanguan Middle Road, Songxuan Community, Longhua District, Shenzhen, Guangdong China Reported Earnings • Apr 29
First quarter 2026 earnings released: CN¥0.12 loss per share (vs CN¥0.02 profit in 1Q 2025) First quarter 2026 results: CN¥0.12 loss per share (down from CN¥0.02 profit in 1Q 2025). Revenue: CN¥163.7m (down 5.9% from 1Q 2025). Net loss: CN¥19.9m (down CN¥22.7m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Announcement • Mar 30
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shenzhen Pacific Union Precision Manufacturing Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 26
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Shenzhen Pacific Union Precision Manufacturing Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 New Risk • Oct 31
New major risk - Revenue and earnings growth Earnings have declined by 2.2% 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 2.2% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (3.3% net profit margin). Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.008 (vs CN¥0.069 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.008 (down from CN¥0.069 in 3Q 2024). Revenue: CN¥239.6m (up 5.8% from 3Q 2024). Net income: CN¥884.0k (down 92% from 3Q 2024). Profit margin: 0.4% (down from 4.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Shenzhen Pacific Union Precision Manufacturing Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥27.91, the stock trades at a trailing P/E ratio of 70.4x. Average forward P/E is 28x in the Electronic industry in China. Total returns to shareholders of 85% over the past three years. Declared Dividend • Jul 06
Dividend of CN¥0.15 announced Shareholders will receive a dividend of CN¥0.15. Ex-date: 10th July 2025 Payment date: 10th July 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.3% EPS decline seen over the last 5 years. Announcement • Jun 30
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Shenzhen Pacific Union Precision Manufacturing Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥22.09, the stock trades at a trailing P/E ratio of 55.7x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 45% over the past three years. 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: 7.3% Last year net profit margin: 12% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.3% net profit margin). Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: CN¥0.47 (vs CN¥0.37 in FY 2023) Full year 2024 results: EPS: CN¥0.47 (up from CN¥0.37 in FY 2023). Revenue: CN¥814.1m (up 45% from FY 2023). Net income: CN¥74.6m (up 27% from FY 2023). Profit margin: 9.2% (down from 11% in FY 2023). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 25
Shenzhen Pacific Union Precision Manufacturing Co., Ltd., Annual General Meeting, May 15, 2025 Shenzhen Pacific Union Precision Manufacturing Co., Ltd., Annual General Meeting, May 15, 2025, at 15:00 China Standard Time. Location: Tower D, No. 282, Huanguan Middle Road, Songxuan Community, Longhua District, Shenzhen, Guangdong China New Risk • Apr 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 8.2% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥16.62, the stock trades at a trailing P/E ratio of 35.5x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 24% over the past three years. Announcement • Mar 28
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Shenzhen Pacific Union Precision Manufacturing Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: CN¥0.47 (vs CN¥0.37 in FY 2023) Full year 2024 results: EPS: CN¥0.47 (up from CN¥0.37 in FY 2023). Revenue: CN¥813.9m (up 45% from FY 2023). Net income: CN¥74.2m (up 26% from FY 2023). Profit margin: 9.1% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 36% 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, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥22.72, the stock trades at a trailing P/E ratio of 41x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 32% over the past three years. Announcement • Dec 27
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Shenzhen Pacific Union Precision Manufacturing Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Announcement • Nov 06
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. (SHSE:688210) announces an Equity Buyback for 3,300,330 shares, representing 2.06% of its issued share capital. Shenzhen Pacific Union Precision Manufacturing Co., Ltd. (SHSE:688210) announces a share repurchase program. Under the program, the company will repurchase up to 3,300,330 A shares, representing 2.06% of its issued share capital. The shares will be repurchased at a price of not more than CNY 30.3 per share. The shares purchased will be used for the company's employee stock ownership plans or equity incentives or to convert company convertible bonds, for Reduction of registered capital and to protect the company's value and shareholders' rights. The program will be funded out of the company's own funds and self-raised funds. The program will be valid for 12 months. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.069 (vs CN¥0.076 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.069 (down from CN¥0.076 in 3Q 2023). Revenue: CN¥226.5m (up 42% from 3Q 2023). Net income: CN¥10.6m (down 18% from 3Q 2023). Profit margin: 4.7% (down from 8.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥19.65, the stock trades at a trailing P/E ratio of 34.5x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 11% over the past year. Announcement • Sep 30
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Shenzhen Pacific Union Precision Manufacturing Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥21.85, the stock trades at a trailing P/E ratio of 38.4x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 15% over the past year. New Risk • Sep 24
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 6.7% 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 High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.084 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.084 in 2Q 2023). Revenue: CN¥235.6m (up 69% from 2Q 2023). Net income: CN¥26.8m (up 104% from 2Q 2023). Profit margin: 11% (up from 9.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Announcement • Jun 28
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shenzhen Pacific Union Precision Manufacturing Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 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 8.3% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 108% Paying a dividend despite having no free cash flows. High level of non-cash earnings (25% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Announcement • Apr 29
Shenzhen Pacific Union Precision Manufacturing Co., Ltd., Annual General Meeting, May 17, 2024 Shenzhen Pacific Union Precision Manufacturing Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: Building D, No. 282, Huanguan Middle Road, Songxuan Community, Longhua District, Shenzhen, Guangdong China Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.021 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.09 (up from CN¥0.021 loss in 1Q 2023). Revenue: CN¥129.9m (up 88% from 1Q 2023). Net income: CN¥14.7m (up CN¥17.6m from 1Q 2023). Profit margin: 11% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. New Risk • Apr 08
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 10% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 150% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (10% net profit margin). Announcement • Mar 30
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Shenzhen Pacific Union Precision Manufacturing Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥19.32, the stock trades at a trailing P/E ratio of 51x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 2.5% over the past year. Reported Earnings • Feb 26
Full year 2023 earnings released: EPS: CN¥0.38 (vs CN¥0.60 in FY 2022) Full year 2023 results: EPS: CN¥0.38 (down from CN¥0.60 in FY 2022). Revenue: CN¥567.2m (up 12% from FY 2022). Net income: CN¥59.5m (down 37% from FY 2022). Profit margin: 11% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥16.48, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 32x in the Electronic industry in China. Total loss to shareholders of 13% over the past year. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.076 (vs CN¥0.19 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.076 (down from CN¥0.19 in 3Q 2022). Revenue: CN¥159.7m (up 17% from 3Q 2022). Net income: CN¥13.0m (down 55% from 3Q 2022). Profit margin: 8.1% (down from 21% in 3Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥24.99, the stock trades at a trailing P/E ratio of 59x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥24.30, the stock trades at a trailing P/E ratio of 57.3x. Average trailing P/E is 43x in the Electronic industry in China. Total returns to shareholders of 60% over the past year. New Risk • Oct 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 6.0% 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 High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.084 (vs CN¥0.18 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.084 (down from CN¥0.18 in 2Q 2022). Revenue: CN¥139.2m (up 13% from 2Q 2022). Net income: CN¥13.1m (down 54% from 2Q 2022). Profit margin: 9.4% (down from 23% in 2Q 2022). The decrease in margin was driven by higher expenses. Announcement • May 11
Shenzhen Pacific Union Precision Manufacturing Co., Ltd. (SHSE:688210) announces an Equity Buyback for CNY 60 million worth of its shares. Shenzhen Pacific Union Precision Manufacturing Co., Ltd. (SHSE:688210) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 41.87 per share. Shares will be repurchased using self-raised funds of the company. Shares repurchased will be used for employee stock ownership plans or equity incentives. The program will be valid for 12 months. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥22.60, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 22% over the past year. Reported Earnings • Apr 24
Full year 2022 earnings released: EPS: CN¥0.84 (vs CN¥0.56 in FY 2021) Full year 2022 results: EPS: CN¥0.84 (up from CN¥0.56 in FY 2021). Revenue: CN¥508.6m (up 44% from FY 2021). Net income: CN¥94.4m (up 99% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: CN¥0.84 (vs CN¥0.56 in FY 2021) Full year 2022 results: EPS: CN¥0.84 (up from CN¥0.56 in FY 2021). Revenue: CN¥508.7m (up 44% from FY 2021). Net income: CN¥94.2m (up 99% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Supervisor Bin Guo is the most experienced director on the board, commencing their role in 2020. Independent Director Hong Gao Hu was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.17 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.26 (up from CN¥0.17 in 3Q 2021). Revenue: CN¥136.7m (up 38% from 3Q 2021). Net income: CN¥28.7m (up 109% from 3Q 2021). Profit margin: 21% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥25.58, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 32x in the Electronic industry in China. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.17 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.26 (up from CN¥0.17 in 2Q 2021). Revenue: CN¥123.4m (up 43% from 2Q 2021). Net income: CN¥28.4m (up 104% from 2Q 2021). Profit margin: 23% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥31.00, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 27x in the Metals and Mining industry in China. Reported Earnings • Apr 30
Full year 2021 earnings released: EPS: CN¥0.79 (vs CN¥1.22 in FY 2020) Full year 2021 results: EPS: CN¥0.79 (down from CN¥1.22 in FY 2020). Revenue: CN¥354.5m (up 5.4% from FY 2020). Net income: CN¥47.4m (down 35% from FY 2020). Profit margin: 13% (down from 22% in FY 2020). The decrease in margin was driven by higher expenses.