New Risk • May 01
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 6.7% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Reported Earnings • Apr 29
First quarter 2026 earnings released: EPS: CN¥0.38 (vs CN¥0.12 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.38. Revenue: CN¥528.8m (down 84% from 1Q 2025). Net income: CN¥53.4m (down 70% from 1Q 2025). Profit margin: 10% (up from 5.3% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Announcement • Apr 29
Shenzhen Kaifa Technology Co., Ltd., Annual General Meeting, May 28, 2026 Shenzhen Kaifa Technology Co., Ltd., Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: Block C, No. 7006, Caitian Road, Futian District, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen Kaifa Technology Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shenzhen Kaifa Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Feb 25
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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥27.19, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 32x in the Electronic industry in China. Total returns to shareholders of 118% over the past three years. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥31.49, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 34x in the Electronic industry in China. Total returns to shareholders of 178% over the past three years. Announcement • Dec 31
Shenzhen Kaifa Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Shenzhen Kaifa Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.19 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.19 (up from CN¥0.19 in 3Q 2024). Revenue: CN¥3.54b (down 6.8% from 3Q 2024). Net income: CN¥303.9m (flat on 3Q 2024). Profit margin: 8.6% (up from 7.9% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is expected to decline by 43% p.a. on average during the next 3 years, while revenues in the Electronic industry in China are expected to grow by 21%. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 14
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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Announcement • Sep 30
Shenzhen Kaifa Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shenzhen Kaifa Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥25.00, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 33x in the Electronic industry in China. Total returns to shareholders of 142% over the past three years. Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.15 in 2Q 2024). Revenue: CN¥4.38b (up 11% from 2Q 2024). Net income: CN¥272.9m (up 14% from 2Q 2024). Profit margin: 6.2% (up from 6.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 46% p.a. on average during the next 3 years, while revenues in the Electronic industry in China are expected to grow by 20%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 02
Shenzhen Kaifa Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shenzhen Kaifa Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Buy Or Sell Opportunity • Jun 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to CN¥17.48. The fair value is estimated to be CN¥22.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.4% over the last 3 years. Earnings per share has grown by 4.6%. Buy Or Sell Opportunity • May 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.8% to CN¥18.18. The fair value is estimated to be CN¥22.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.4% over the last 3 years. Earnings per share has grown by 4.6%. Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: CN¥0.60 (vs CN¥0.41 in FY 2023) Full year 2024 results: EPS: CN¥0.60 (up from CN¥0.41 in FY 2023). Revenue: CN¥14.8b (up 3.9% from FY 2023). Net income: CN¥930.3m (up 44% from FY 2023). Profit margin: 6.3% (up from 4.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • Apr 25
Shenzhen Kaifa Technology Co., Ltd., Annual General Meeting, May 21, 2025 Shenzhen Kaifa Technology Co., Ltd., Annual General Meeting, May 21, 2025, at 14:30 China Standard Time. Location: Block C, No. 7006, Caitian Road, Futian District, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen Kaifa Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Shenzhen Kaifa Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥17.51, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 44x in the Electronic industry in China. Total returns to shareholders of 16% over the past three years. Announcement • Dec 31
Shenzhen Kaifa Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Shenzhen Kaifa Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.096 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.19 (up from CN¥0.096 in 3Q 2023). Revenue: CN¥3.80b (up 18% from 3Q 2023). Net income: CN¥301.1m (up 101% from 3Q 2023). Profit margin: 7.9% (up from 4.6% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥20.89, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 46% over the past three years. Announcement • Sep 30
Shenzhen Kaifa Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shenzhen Kaifa Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥16.53, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.13 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.13 in 2Q 2023). Revenue: CN¥3.93b (up 3.2% from 2Q 2023). Net income: CN¥238.5m (up 22% from 2Q 2023). Profit margin: 6.1% (up from 5.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Shenzhen Kaifa Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Shenzhen Kaifa Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥15.50, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 12% over the past three years. Announcement • May 11
Shenzhen Kaifa Technology Co., Ltd. Approves Cash Dividend for 2023 Shenzhen Kaifa Technology Co., Ltd. announced at the AGM held on May 9, 2024, approved Cash dividend/10 shares (tax included): CNY1.30000000 for 2023. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: CN¥0.078 (vs CN¥0.065 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.078 (up from CN¥0.065 in 1Q 2023). Revenue: CN¥3.13b (down 21% from 1Q 2023). Net income: CN¥121.8m (up 21% from 1Q 2023). Profit margin: 3.9% (up from 2.6% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Apr 13
Shenzhen Kaifa Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2023 Shenzhen Kaifa Technology Co., Ltd. proposed final cash dividend of CNY 1.30000000 per 10 shares (tax included) for the year 2023. Announcement • Apr 11
Shenzhen Kaifa Technology Co., Ltd., Annual General Meeting, May 09, 2024 Shenzhen Kaifa Technology Co., Ltd., Annual General Meeting, May 09, 2024, at 14:30 China Standard Time. Location: Tower C, No. 7006, Caitian Road, Futian District, Shenzhen, Guangdong China Reported Earnings • Apr 11
Full year 2023 earnings released: EPS: CN¥0.41 (vs CN¥0.42 in FY 2022) Full year 2023 results: EPS: CN¥0.41 (down from CN¥0.42 in FY 2022). Revenue: CN¥14.3b (down 12% from FY 2022). Net income: CN¥644.6m (down 2.2% from FY 2022). Profit margin: 4.5% (up from 4.1% in FY 2022). The increase in margin was driven by lower expenses. 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 10% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
Shenzhen Kaifa Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Shenzhen Kaifa Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥10.47, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 32x in the Electronic industry in China. Total loss to shareholders of 43% over the past three years. Board Change • Jan 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Zongyuan Han was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 29
Shenzhen Kaifa Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 09, 2024 Shenzhen Kaifa Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 09, 2024 Announcement • Dec 17
Shenzhen Kaifa Technology Co., Ltd. Announces Directors and Supervisors Elections Shenzhen Kaifa Technology Co., Ltd. at the Extraordinary General Meeting of 2023 on 14 December 2023, elected Han Zongyuan and Liu Hanqing as non-independent directors. The company also elected You Hailong as independent directors. The company also elected Xiao Jianyi and Cui Zhiyong as shareholder supervisors. New Risk • Dec 01
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 5.9% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.9% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.096 (vs CN¥0.077 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.096 (up from CN¥0.077 in 3Q 2022). Revenue: CN¥3.23b (down 28% from 3Q 2022). Net income: CN¥149.7m (up 25% from 3Q 2022). Profit margin: 4.6% (up from 2.7% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 11% per year. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.14 in 2Q 2022). Revenue: CN¥3.81b (down 2.4% from 2Q 2022). Net income: CN¥195.8m (down 8.3% from 2Q 2022). Profit margin: 5.1% (down from 5.5% in 2Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Announcement • Jul 22
Shenzhen Kaifa Technology Co., Ltd. Announces Implementation of Cash Dividend for 2022, Payable on 26 July 2023 Shenzhen Kaifa Technology Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): cash dividend per 10 shares (tax included) of CNY 1.30000000. Record date: 25 July 2023; Ex-date: 26 July 2023; Payment date: 26 July 2023. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥17.87, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥22.89, the stock trades at a trailing P/E ratio of 69x. Average trailing P/E is 44x in the Electronic industry in China. Total loss to shareholders of 1.7% over the past three years. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥19.66, the stock trades at a trailing P/E ratio of 59.2x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥17.46, 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 12% over the past three years. Reported Earnings • Apr 22
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.42 (down from CN¥0.51 in FY 2021). Revenue: CN¥16.1b (down 2.2% from FY 2021). Net income: CN¥659.1m (down 15% from FY 2021). Profit margin: 4.1% (down from 4.7% in FY 2021). Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 23%. Over the last 3 years on average, earnings per share has increased by 20% 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 • Apr 08
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥20.43, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 8.1% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥15.34, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 15% over the past three years. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Supervisor Zhiyong Cui was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 15
Shenzhen Kaifa Technology Co., Ltd. Appoints Zhou Junxiang as an Independent Director Shenzhen Kaifa Technology Co., Ltd. appointed Zhou Junxiang as an independent director at its EGM held on 11 November 2022. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.077 (vs CN¥0.16 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.077 (down from CN¥0.16 in 3Q 2021). Revenue: CN¥4.46b (up 3.4% from 3Q 2021). Net income: CN¥119.7m (down 51% from 3Q 2021). Profit margin: 2.7% (down from 5.7% in 3Q 2021). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.048 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.048 in 2Q 2021). Revenue: CN¥3.90b (down 5.5% from 2Q 2021). Net income: CN¥213.5m (up 193% from 2Q 2021). Profit margin: 5.5% (up from 1.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 29%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 14
Shenzhen Kaifa Technology Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented (A Shares) of Cash Dividend for the Year 2021, Payable on 17 June 2022 Shenzhen Kaifa Technology Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) of Cash dividend/10 shares (tax included) of CNY 1.50000000. Record date: 16 June 2022. Ex-date: 17 June 2022Payment date: 17 June 2022. Board Change • May 31
High number of new directors Chairman of the Board of Supervisors Zhujiang Chen was the last director to join the board, commencing their role in 2020. Announcement • May 15
Shenzhen Kaifa Technology Co., Ltd. Approves Cash Dividend for 2021 Shenzhen Kaifa Technology Co., Ltd. approved Cash dividend of CNY 1.50000000 per 10 shares (tax included) for 2021, at its AGM held on May 12, 2022. Reported Earnings • May 02
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥3.65b (down 4.6% from 1Q 2021). Net income: CN¥242.2m (up 21% from 1Q 2021). Profit margin: 6.6% (up from 5.2% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 17%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 23%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target decreased to CN¥16.06 Down from CN¥17.98, the current price target is an average from 2 analysts. New target price is 72% above last closing price of CN¥9.36. Stock is down 48% over the past year. The company is forecast to post earnings per share of CN¥0.55 for next year compared to CN¥0.51 last year. Board Change • Apr 27
High number of new directors Chairman of the Board of Supervisors Zhujiang Chen was the last director to join the board, commencing their role in 2020. Announcement • Apr 24
Shenzhen Kaifa Technology Co., Ltd., Annual General Meeting, May 12, 2022 Shenzhen Kaifa Technology Co., Ltd., Annual General Meeting, May 12, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; to consider Reappointment of audit firm; and to consider any other matters. Announcement • Apr 22
Shenzhen Kaifa Technology Co., Ltd. Announces the Profit Distribution Proposal for 2021 Shenzhen Kaifa Technology Co., Ltd. announced the profit distribution proposal for 2021. The company announced Cash dividend/10 shares (tax included) of CNY 1.50000000. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.17 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥4.31b (up 19% from 3Q 2020). Net income: CN¥243.8m (down 4.0% from 3Q 2020). Profit margin: 5.7% (down from 7.0% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.048 (vs CN¥0.075 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥4.13b (up 14% from 2Q 2020). Net income: CN¥73.0m (down 34% from 2Q 2020). Profit margin: 1.8% (down from 3.0% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 25
Shenzhen Kaifa Technology Co., Ltd. Approves Cash Dividend for 2020 Shenzhen Kaifa Technology Co., Ltd. approved cash dividend (tax included) of CNY 1.60000000 per 10 shares for 2020 at the AGM held on 21 May 2021. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.055 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥3.83b (up 15% from 1Q 2020). Net income: CN¥200.1m (up 146% from 1Q 2020). Profit margin: 5.2% (up from 2.4% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 01
Shenzhen Kaifa Technology Co., Ltd. Proposes Final Dividend for the Year 2020 Shenzhen Kaifa Technology Co., Ltd. proposed final cash dividend of CNY 1.60000000 per 10 shares (tax included) for the year 2020. Is New 90 Day High Low • Feb 18
New 90-day high: CN¥21.38 The company is up 3.0% from its price of CN¥20.70 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 4.0% over the same period. Reported Earnings • Feb 11
Full year 2020 earnings released: EPS CN¥0.57 (vs CN¥0.24 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥14.9b (up 13% from FY 2019). Net income: CN¥841.6m (up 139% from FY 2019). Profit margin: 5.6% (up from 2.7% in FY 2019). The increase in margin was driven by higher revenue. 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 34% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥18.86 The company is down 11% from its price of CN¥21.20 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 1.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥524.1m, up 29% from the prior year. Total revenue was CN¥13.7b over the last 12 months, up 1.3% from the prior year. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥19.28 The company is down 12% from its price of CN¥21.83 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 Tech industry, which is up 1.0% over the same period. Announcement • Jul 24
Shenzhen Kaifa Technology Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Shenzhen Kaifa Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020