Announcement • Jul 01
Shaanxi Fenghuo Electronics Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.39 loss per share (vs CN¥0.25 loss in FY 2024) Full year 2025 results: CN¥0.39 loss per share (further deteriorated from CN¥0.25 loss in FY 2024). Revenue: CN¥1.67b (up 39% from FY 2024). Net loss: CN¥295.6m (loss widened 94% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
Shaanxi Fenghuo Electronics Co., Ltd., Annual General Meeting, May 29, 2026 Shaanxi Fenghuo Electronics Co., Ltd., Annual General Meeting, May 29, 2026, at 14:50 China Standard Time. Location: The Company Technology Building, Qingjiang Road, Weibin District, Baoji, Shaanxi China Announcement • Mar 31
Shaanxi Fenghuo Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Jan 23
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: Major Risks Earnings have declined by 56% per year over the past 5 years. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Announcement • Dec 31
Shaanxi Fenghuo Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.002 (vs CN¥0.015 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.002 (up from CN¥0.015 loss in 3Q 2024). Revenue: CN¥410.1m (up 79% from 3Q 2024). Net income: CN¥1.91m (up CN¥11.0m from 3Q 2024). Profit margin: 0.5% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Shaanxi Fenghuo Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Jul 24
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 8.6% 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 Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 39% per year over the past 5 years. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Announcement • Jul 02
Shaanxi Fenghuo Electronics Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 New Risk • Jul 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 43% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 39% per year over the past 5 years. Shareholders have been substantially diluted in the past year (43% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). 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 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 Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). New Risk • May 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 40% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). Reported Earnings • Apr 26
Full year 2024 earnings released: CN¥0.25 loss per share (vs CN¥0.09 profit in FY 2023) Full year 2024 results: CN¥0.25 loss per share (down from CN¥0.09 profit in FY 2023). Revenue: CN¥1.20b (down 18% from FY 2023). Net loss: CN¥152.0m (down 390% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Announcement • Apr 26
Shaanxi Fenghuo Electronics Co., Ltd., Annual General Meeting, Jun 19, 2025 Shaanxi Fenghuo Electronics Co., Ltd., Annual General Meeting, Jun 19, 2025, at 14:50 China Standard Time. Location: 5F, Fenghuo Hotel, Qingjiang Road, Weibin District, Baoji, Shaanxi China New Risk • Apr 03
New major risk - Revenue and earnings growth Earnings have declined by 15% 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 15% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Announcement • Mar 31
Shaanxi Fenghuo Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Jan 18
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 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Announcement • Dec 31
Shaanxi Fenghuo Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 16, 2025 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 16, 2025 Announcement • Sep 30
Shaanxi Fenghuo Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Sep 21
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. This is currently the only risk that has been identified for the company. Announcement • Aug 30
Shaanxi Fenghuo Electronics Co., Ltd. Proposes Profit Distribution for the First Half of 2024 Shaanxi Fenghuo Electronics Co., Ltd. announced on 29 August 2024 the profit distribution proposal for the first half of 2024 as follows: Cash dividend per 10 shares (tax included): CNY 0.10000000. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.015 (vs CN¥0.04 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.015 (down from CN¥0.04 in 2Q 2023). Revenue: CN¥347.9m (up 16% from 2Q 2023). Net income: CN¥9.11m (down 61% from 2Q 2023). Profit margin: 2.6% (down from 7.7% in 2Q 2023). Revenue is forecast to grow 30% 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 34% 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 • Jun 29
Shaanxi Fenghuo Electronics Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Reported Earnings • May 01
First quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.10 loss per share (further deteriorated from CN¥0.03 loss in 1Q 2023). Revenue: CN¥139.0m (down 42% from 1Q 2023). Net loss: CN¥58.7m (loss widened 211% from 1Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Apr 13
Shaanxi Fenghuo Electronics Co., Ltd., Annual General Meeting, May 13, 2024 Shaanxi Fenghuo Electronics Co., Ltd., Annual General Meeting, May 13, 2024, at 14:50 China Standard Time. Location: 5F, Fenghuo Hotel, Qingjiang Road, Weibin District, Baoji, Shaanxi China Agenda: To consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; and to consider other related matters. Reported Earnings • Apr 12
Full year 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.16 in FY 2022) Full year 2023 results: EPS: CN¥0.09 (down from CN¥0.16 in FY 2022). Revenue: CN¥1.47b (down 8.1% from FY 2022). Net income: CN¥52.3m (down 46% from FY 2022). Profit margin: 3.6% (down from 6.1% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Mar 30
Shaanxi Fenghuo Electronics Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥7.32, the stock trades at a trailing P/E ratio of 59.4x. Average trailing P/E is 44x in the Communications industry in China. Total returns to shareholders of 10% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥6.21, the stock trades at a trailing P/E ratio of 50.4x. Average trailing P/E is 39x in the Communications industry in China. Total returns to shareholders of 1.6% over the past three years. Announcement • Dec 29
Shaanxi Fenghuo Electronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 12, 2024 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 12, 2024 New Risk • Nov 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin). Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.04 loss per share (vs CN¥0.004 loss in 3Q 2022) Third quarter 2023 results: CN¥0.04 loss per share (further deteriorated from CN¥0.004 loss in 3Q 2022). Revenue: CN¥231.7m (down 3.0% from 3Q 2022). Net loss: CN¥24.3m (loss widened CN¥21.4m from 3Q 2022). Revenue is forecast to grow 37% 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 4% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Aug 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.068 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.04 (down from CN¥0.068 in 2Q 2022). Revenue: CN¥299.6m (down 30% from 2Q 2022). Net income: CN¥23.2m (down 44% from 2Q 2022). Profit margin: 7.7% (down from 9.7% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥9.62, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 27x in the Communications industry in China. Total returns to shareholders of 10% over the past three years. Board Change • Jul 14
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 4 independent directors (7 non-independent directors). Chairman Song Tao is the most experienced director on the board, commencing their role in 2013. GM & Non-Independent Director Pei Feng Li was the last independent director to join the board, commencing their role in 2022. 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. Announcement • Jul 01
Shaanxi Fenghuo Electronics Co., Ltd. to Report First Half, 2023 Results on Aug 23, 2023 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report first half, 2023 results on Aug 23, 2023 Announcement • May 20
Shaanxi Fenghuo Electronics Co., Ltd. Approves the Appointment of Zhao Gangqiang and Yang Yong as Directors Shaanxi Fenghuo Electronics Co., Ltd. at its AGM held on 18 May 2023, approved the appointment of Zhao Gangqiang and Yang Yong as directors. Reported Earnings • Apr 13
Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.18 in FY 2021) Full year 2022 results: EPS: CN¥0.16 (down from CN¥0.18 in FY 2021). Revenue: CN¥1.60b (up 6.5% from FY 2021). Net income: CN¥97.7m (down 12% from FY 2021). Profit margin: 6.1% (down from 7.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥10.30, the stock trades at a trailing P/E ratio of 57.4x. Average trailing P/E is 36x in the Communications industry in China. Total returns to shareholders of 46% over the past three years. Board Change • Nov 16
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Chairman Song Tao is the most experienced director on the board, commencing their role in 2013. GM & Non-Independent Director Pei Feng Li was the last independent director to join the board, commencing their role in 2022. 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 30
Third quarter 2022 earnings released: CN¥0.004 loss per share (vs CN¥0.007 loss in 3Q 2021) Third quarter 2022 results: CN¥0.004 loss per share (improved from CN¥0.007 loss in 3Q 2021). Revenue: CN¥238.9m (down 6.0% from 3Q 2021). Net loss: CN¥2.90m (loss narrowed 47% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥8.01, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 42x in the Communications industry in China. Total returns to shareholders of 13% over the past three years. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.068 (vs CN¥0.073 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.068. Revenue: CN¥427.3m (up 9.2% from 2Q 2021). Net income: CN¥41.3m (up 59% from 2Q 2021). Profit margin: 9.7% (up from 6.6% in 2Q 2021). Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥10.29, the stock trades at a trailing P/E ratio of 68.7x. Average trailing P/E is 46x in the Communications industry in China. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥7.47, the stock trades at a trailing P/E ratio of 49.9x. Average trailing P/E is 39x in the Communications industry in China. Total returns to shareholders of 4.3% over the past three years. Announcement • May 15
Shaanxi Fenghuo Electronics Co., Ltd. Approves Executive Changes Shaanxi Fenghuo Electronics Co., Ltd. approved the election of Li Peifeng as non-independent director, Nie Lijie, and Cheng Zhitang independent directors, Zhang Tie, Song Xiaohui and Wang Guanqi as shareholder supervisors at its AGM held on May 12, 2022. Reported Earnings • Apr 28
First quarter 2022 earnings released: CN¥0.058 loss per share (vs CN¥0.02 loss in 1Q 2021) First quarter 2022 results: CN¥0.058 loss per share (down from CN¥0.02 loss in 1Q 2021). Revenue: CN¥159.2m (down 14% from 1Q 2021). Net loss: CN¥35.1m (loss widened 136% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Apr 19
Shaanxi Fenghuo Electronics Co., Ltd., Annual General Meeting, May 12, 2022 Shaanxi Fenghuo Electronics Co., Ltd., Annual General Meeting, May 12, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report and its summary; to consider Implementing plan for continuing connected transactions from 2022 to 2023; to consider Appointment of audit firm; to consider Repurchase and cancellation of some restricted stocks and decrease of the registered capital; to consider Amendments to the Company's articles of association; to consider Election of non-independent directors; to consider Election of independent directors; and to consider other matters. Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: CN¥0.18 (vs CN¥0.16 in FY 2020) Full year 2021 results: EPS: CN¥0.18 (up from CN¥0.16 in FY 2020). Revenue: CN¥1.50b (up 8.3% from FY 2020). Net income: CN¥110.7m (up 12% from FY 2020). Profit margin: 7.4% (up from 7.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥6.62, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 48x in the Communications industry in China. Total returns to shareholders of 16% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.007 loss per share (vs CN¥0.009 loss in 3Q 2020) The company reported a solid third quarter result with improved revenues and control over costs, although losses increased. Third quarter 2021 results: Revenue: CN¥254.2m (up 19% from 3Q 2020). Net loss: CN¥5.48m (loss widened 3.7% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.073 (vs CN¥0.11 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥391.5m (down 9.0% from 2Q 2020). Net income: CN¥25.9m (down 59% from 2Q 2020). Profit margin: 6.6% (down from 15% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥7.95, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 48x in the Communications industry in China. Total returns to shareholders of 28% over the past three years. Reported Earnings • May 02
First quarter 2021 earnings released: CN¥0.02 loss per share (vs CN¥0.09 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥185.5m (up 214% from 1Q 2020). Net loss: CN¥14.9m (loss narrowed 72% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 09
Full year 2020 earnings released: EPS CN¥0.16 (vs CN¥0.15 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.39b (up 3.2% from FY 2019). Net income: CN¥98.7m (up 8.5% from FY 2019). Profit margin: 7.1% (up from 6.8% in FY 2019). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Feb 24
Shaanxi Fenghuo Electronics Co., Ltd. to Report Fiscal Year 2020 Results on Apr 09, 2021 Shaanxi Fenghuo Electronics Co., Ltd. announced that they will report fiscal year 2020 results on Apr 09, 2021 Is New 90 Day High Low • Feb 01
New 90-day low: CN¥6.57 The company is down 8.0% from its price of CN¥7.14 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 9.0% over the same period. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥7.82, the stock is trading at a trailing P/E ratio of 49.4x, up from the previous P/E ratio of 42.7x. This compares to an average P/E of 55x in the Communications industry in China. Total return to shareholders over the past three years is a loss of 3.6%. Is New 90 Day High Low • Jan 14
New 90-day high: CN¥8.36 The company is up 3.0% from its price of CN¥8.11 on 16 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 9.0% over the same period. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥8.36, the stock is trading at a trailing P/E ratio of 52.8x, up from the previous P/E ratio of 45x. This compares to an average P/E of 53x in the Communications industry in China. Total returns to shareholders over the past three years are 2.6%. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥6.82 The company is down 14% from its price of CN¥7.94 on 11 September 2020. The Chinese market is up 3.0% 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 • Nov 11
New 90-day low: CN¥6.97 The company is down 28% from its price of CN¥9.65 on 13 August 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. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥92.2m, up 11% from the prior year. Total revenue was CN¥1.36b over the last 12 months, up 12% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥7.80 The company is down 6.0% from its price of CN¥8.31 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. Announcement • Aug 25
Shaanxi Fenghuo Electronics Co., Ltd. (SZSE:000561) completed the acquisition of Shaanxi Dadong Technology Industrial Co., Ltd. from Shaanxi Fenghuo Communication Group Co., Ltd. Shaanxi Fenghuo Electronics Co., Ltd. (SZSE:000561) signed a letter of intent to acquire Shaanxi Dadong Technology Industrial Co., Ltd. from Shaanxi Fenghuo Communication Group Co., Ltd. for CNY 95.7 million on May 28, 2020. The consideration will be paid by Shaanxi Fenghuo Electronics 's own funds. Shaanxi Dadong Technology Industrial Co., Ltd. reported total assets of CNY 28.4 million, net profit of CNY 1.65 million and net assets of CNY 8.3 million as of December 31, 2019. The transaction needs approval of shareholders of Shaanxi Fenghuo Electronics Co., Ltd. The transaction is approved by the Board of Shaanxi Fenghuo Electronics Co., Ltd.
Shaanxi Fenghuo Electronics Co., Ltd. (SZSE:000561) completed the acquisition of Shaanxi Dadong Technology Industrial Co., Ltd. from Shaanxi Fenghuo Communication Group Co., Ltd. on August 22, 2020.