Declared Dividend • May 25
Dividend of CN¥0.60 announced Shareholders will receive a dividend of CN¥0.60. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 4.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (152% earnings payout ratio) and 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 13% 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 grow by 69% to bring the payout ratio under control. EPS is expected to grow by 98% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Price Target Changed • May 03
Price target decreased by 17% to CN¥24.85 Down from CN¥29.85, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥20.34. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of CN¥1.02 for next year compared to CN¥0.72 last year. Announcement • Apr 20
Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 19, 2026 Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Reported Earnings • Apr 20
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.72 (down from CN¥1.21 in FY 2024). Revenue: CN¥14.5b (down 7.1% from FY 2024). Net income: CN¥505.5m (down 39% from FY 2024). Profit margin: 3.5% (down from 5.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 34%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 31% 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 31
Shenzhen KTC Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Shenzhen KTC Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
Shenzhen KTC Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 20, 2026 Shenzhen KTC Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 20, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.21 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.17 (down from CN¥0.21 in 3Q 2024). Revenue: CN¥3.85b (down 20% from 3Q 2024). Net income: CN¥118.6m (down 21% from 3Q 2024). Profit margin: 3.1% (in line with 3Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 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 26% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Shenzhen KTC Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shenzhen KTC Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Price Target Changed • Sep 05
Price target increased by 22% to CN¥31.30 Up from CN¥25.60, the current price target is an average from 2 analysts. New target price is 34% above last closing price of CN¥23.32. Stock is up 25% over the past year. The company is forecast to post earnings per share of CN¥1.40 for next year compared to CN¥1.21 last year. Reported Earnings • Aug 26
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: CN¥3.79b (flat on 2Q 2024). Net income: CN¥169.5m (down 24% from 2Q 2024). Profit margin: 4.5% (down from 5.9% in 2Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 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 22% 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 • Jul 02
Shenzhen KTC Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Shenzhen KTC Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. Independent Director Deng Yu was the last 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: Insufficient board refreshment. Declared Dividend • May 31
Dividend reduced to CN¥0.18 Dividend of CN¥0.18 is 70% lower than last year. Ex-date: 6th June 2025 Payment date: 6th June 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 22
Shenzhen Ktc Technology Co., Ltd. Approves Final Cash Dividend for 2024 Shenzhen KTC Technology Co., Ltd. in its Annual General Meeting of 2024 on 20 May 2025 approved Cash dividend/10 shares (tax included): CNY 1.80000000 for the year 2024. Reported Earnings • Apr 29
First quarter 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.27 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.31 (up from CN¥0.27 in 1Q 2024). Revenue: CN¥3.14b (up 11% from 1Q 2024). Net income: CN¥214.7m (up 16% from 1Q 2024). Profit margin: 6.8% (up from 6.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Apr 29
Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 20, 2025 Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 15:00 China Standard Time. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥18.59, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 11% over the past three years. Major Estimate Revision • Apr 07
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥20.2b to CN¥17.8b. EPS estimate fell from CN¥1.74 to CN¥1.39 per share. Net income forecast to grow 17% next year vs 48% growth forecast for Electronic industry in China. Consensus price target up from CN¥24.07 to CN¥25.60. Share price was steady at CN¥22.30 over the past week. Announcement • Apr 01
Shenzhen KTC Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Shenzhen KTC Technology Co., Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 1.8 for the year 2024. Announcement • Mar 31
Shenzhen KTC Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen KTC Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Mar 31
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥1.21 (down from CN¥1.88 in FY 2023). Revenue: CN¥15.6b (up 16% from FY 2023). Net income: CN¥833.5m (down 35% from FY 2023). Profit margin: 5.3% (down from 9.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 23% 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 fallen by 9% 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. New Risk • Jan 29
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 8.8% 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 (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (6.0% net profit margin). Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥22.84, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 13% over the past year. Announcement • Dec 31
Shenzhen KTC Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025 Shenzhen KTC Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025 Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥27.54, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 7.8% over the past year. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥28.09, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 13% over the past year. Major Estimate Revision • Nov 05
Consensus EPS estimates fall by 12%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥15.4b to CN¥16.1b. EPS estimate fell from CN¥1.94 to CN¥1.71 per share. Net income forecast to grow 37% next year vs 52% growth forecast for Electronic industry in China. Consensus price target down from CN¥27.10 to CN¥23.80. Share price was steady at CN¥20.97 over the past week. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.54 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.21 (down from CN¥0.54 in 3Q 2023). Revenue: CN¥4.79b (up 13% from 3Q 2023). Net income: CN¥149.3m (down 60% from 3Q 2023). Profit margin: 3.1% (down from 8.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Price Target Changed • Oct 30
Price target decreased by 12% to CN¥23.80 Down from CN¥27.10, the current price target is an average from 3 analysts. New target price is 15% above last closing price of CN¥20.69. Stock is down 14% over the past year. The company is forecast to post earnings per share of CN¥1.77 for next year compared to CN¥1.88 last year. Buy Or Sell Opportunity • Oct 29
Now 20% undervalued Over the last 90 days, the stock has risen 1.8% to CN¥20.85. The fair value is estimated to be CN¥26.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last year. Earnings per share has declined by 17%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. Buy Or Sell Opportunity • Oct 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.9% to CN¥20.65. The fair value is estimated to be CN¥26.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last year. Earnings per share has declined by 17%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. Announcement • Sep 30
Shenzhen KTC Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Shenzhen KTC Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥22.22, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 8.6% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.97 per share. Announcement • Jun 29
Shenzhen KTC Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Shenzhen KTC Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • May 23
Shenzhen KTC Technology Co., Ltd. Implements Final Cash Dividend (A Shares) for the Year 2023, Payable on 27 May 2024 Shenzhen KTC Technology Co., Ltd. implemented final cash dividend (A Shares) of CNY 6.00000000 per ten shares for the year 2023, Record date of 24 May 2024; Ex-date of 27 May 2024 and Payment date of 27 May 2024. Major Estimate Revision • Apr 14
Consensus revenue estimates increase by 13% The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from CN¥13.4b to CN¥15.1b. EPS estimate increased from CN¥2.11 to CN¥2.19 per share. Net income forecast to shrink 0.8% next year vs 54% growth forecast for Electronic industry in China . Consensus price target up from CN¥28.00 to CN¥31.75. Share price rose 5.7% to CN¥27.75 over the past week. Announcement • Apr 10
Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 07, 2024 Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 07, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Announcement • Mar 30
Shenzhen KTC Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Shenzhen KTC Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Jan 10
KTC Technology to Showcase Cutting-Edge Smart Displays At CES 2024 Amidst the vibrant innovation hub of CES 2024, KTC Technology (KTC) stands ready to redefine display technology. Join KTC at Booth 22840 for an exclusive glimpse into latest cutting-edge smart displays. KTC's Legacy at CES and What's New for 2024: Building on KTC prior success at CES showcases, where KTC garnered acclaim for their fiercely competitive OLED and MiniLED gaming monitors, this year promises a new wave of technological marvels. At CES 2024, KTC proudly presents a lineup of cutting-edge displays, including high-end flagship OLED monitors: G48P5S (48'' 4K 138Hz OLED gaming monitor), G39S5 (39'' 3440*1440p 240Hz 800R curved OLED gaming monitor), and the H32S17(32'' 2K 165Hz 1500R curved gaming monitor) known for exceptional value.Also introducing the A32Q8, a 32-inch smart monitor like a TV for its desk, expanding innovative offerings. Adding to the spectacle, KTC introduces the H90 projector, boasting Netflix compatibility, along with the much-anticipated flagship display, the Go-to Smart Screen A32Q7 PRO (32'' Mobile Smart Display). KTC extends a warm invitation to industry professionals, media representatives, potential partners, gamers, and consumers alike to witness the future of smart displays at CES 2024. Visit KTC booth [22840] to explore the next generation of gaming and office monitors. Announcement • Dec 30
Shenzhen KTC Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 10, 2024 Shenzhen KTC Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 10, 2024 Announcement • Sep 30
Shenzhen KTC Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Shenzhen KTC Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Major Estimate Revision • Aug 12
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥13.7b to CN¥12.8b. EPS estimate also fell from CN¥2.28 per share to CN¥2.02 per share. Net income forecast to shrink 5.3% next year vs 57% growth forecast for Electronic industry in China . Consensus price target down from CN¥43.00 to CN¥33.19. Share price fell 10% to CN¥25.06 over the past week. Announcement • Jul 01
Shenzhen KTC Technology Co., Ltd. to Report First Half, 2023 Results on Aug 07, 2023 Shenzhen KTC Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 07, 2023 Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥42.67, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 11% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.01 per share. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Non-Employee Supervisor Mou Zheng is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥37.95, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Electronic industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥37.42 per share. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥36.56, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Electronic industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.79 per share. Announcement • May 26
Shenzhen Ktc Technology Co., Ltd. Approves Cash Dividend for 2021, Payment on 01 June 2022 Shenzhen KTC Technology Co., Ltd. approved profit distribution plan of Cash dividend/10 shares (tax included): CNY 7.50000000 for the year 2021. Record date of 31 May 2022, Ex-date of 01 June 2022, Payment date of 01 June 2022, Listing date of the bonus issues of 01 June 2022. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥34.78, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 28x in the Electronic industry in China. Buying Opportunity • Mar 28
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥57.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% per annum over the last 3 years. Earnings per share has grown by 90% over the last year.