Announcement • Mar 31
Jonhon Optronic Technology Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Jonhon Optronic Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Reported Earnings • Mar 29
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥1.02 (down from CN¥1.61 in FY 2024). Revenue: CN¥21.4b (up 3.4% from FY 2024). Net income: CN¥2.16b (down 36% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.0%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year. Announcement • Mar 28
Jonhon Optronic Technology Co., Ltd., Annual General Meeting, Apr 23, 2026 Jonhon Optronic Technology Co., Ltd., Annual General Meeting, Apr 23, 2026, at 09:30 China Standard Time. Location: The Company's Meeting Room, Luoyang, Henan China Announcement • Jan 12
Jonhon Optronic Technology Co., Ltd. Approves Board Changes Jonhon Optronic Technology Co., Ltd. at its 1st EGM held on January 9, 2026, approved Election of non-independent directors: Zhang Hang, non-independent director; Li Zida, non-independent director; Xu Dongwei, non-independent director. Election of independent directors: Yang Yintang, independent director; Yu Lina, independent director; Liu Yongli, independent director. Announcement • Dec 31
Jonhon Optronic Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 14, 2026 Jonhon Optronic Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 14, 2026 Price Target Changed • Nov 09
Price target decreased by 8.9% to CN¥49.13 Down from CN¥53.93, the current price target is an average from 5 analysts. New target price is 41% above last closing price of CN¥34.91. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥1.46 for next year compared to CN¥1.61 last year. Reported Earnings • Oct 30
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.41 in 3Q 2024). Revenue: CN¥4.65b (down 5.0% from 3Q 2024). Net income: CN¥299.9m (down 65% from 3Q 2024). Profit margin: 6.4% (down from 17% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 75%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Jonhon Optronic Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Jonhon Optronic Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Sep 01
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: CN¥0.40 (down from CN¥0.43 in 2Q 2024). Revenue: CN¥6.34b (up 22% from 2Q 2024). Net income: CN¥797.0m (down 13% from 2Q 2024). Profit margin: 13% (down from 18% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 12% 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 increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jul 02
Jonhon Optronic Technology Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Jonhon Optronic Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • May 01
Jonhon Optronic Technology Co., Ltd. (SZSE:002179) announces an Equity Buyback for CNY 150 million worth of its shares. Jonhon Optronic Technology Co., Ltd. (SZSE:002179) announces a share repurchase program. Under the program, the company will repurchase up to CNY 150 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 50.94 per share. The repurchased shares will be used for equity incentive plan. The program is valid for a period of 12 months. Reported Earnings • Apr 30
First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2025 results: EPS: CN¥0.31 (down from CN¥0.36 in 1Q 2024). Revenue: CN¥4.84b (up 21% from 1Q 2024). Net income: CN¥639.9m (down 15% from 1Q 2024). Profit margin: 13% (down from 19% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 28%. 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 increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Apr 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 31% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Apr 01
Avic Jonhon Optronic Technology Co.,Ltd. Proposes Final Cash Dividend for the Year of 2023 Jonhon Optronic Technology Co., Ltd. announced on 31 March 2025 the profit distribution proposal for 2024 as Cash dividend/10 shares (tax included): CNY 8.00000000. Announcement • Mar 31
Jonhon Optronic Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Jonhon Optronic Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Mar 30
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥1.61. Revenue: CN¥20.7b (up 3.0% from FY 2023). Net income: CN¥3.35b (flat on FY 2023). Profit margin: 16% (in line with FY 2023). Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Announcement • Mar 29
Jonhon Optronic Technology Co., Ltd., Annual General Meeting, Apr 28, 2025 Jonhon Optronic Technology Co., Ltd., Annual General Meeting, Apr 28, 2025, at 09:30 China Standard Time. Location: 11F, No. 6, Qianjing South Road, Luoyang Area, China (Henan) Pilot Free Trade Zone, Henan China Major Estimate Revision • Mar 11
Consensus revenue estimates fall by 13% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥29.6b to CN¥25.7b. EPS estimate fell from CN¥2.26 to CN¥1.99 per share. Net income forecast to grow 25% next year vs 49% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥50.30. Share price rose 8.7% to CN¥42.55 over the past week. Reported Earnings • Jan 22
Full year 2024 earnings released: EPS: CN¥1.60 (vs CN¥1.62 in FY 2023) Full year 2024 results: EPS: CN¥1.60. Revenue: CN¥20.7b (up 3.1% from FY 2023). Net income: CN¥3.36b (flat on FY 2023). Profit margin: 16% (in line with FY 2023). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Announcement • Dec 31
Jonhon Optronic Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 15, 2025 Jonhon Optronic Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 15, 2025 Price Target Changed • Nov 01
Price target increased by 7.5% to CN¥51.40 Up from CN¥47.82, the current price target is an average from 5 analysts. New target price is 19% above last closing price of CN¥43.24. Stock is up 9.9% over the past year. The company is forecast to post earnings per share of CN¥1.77 for next year compared to CN¥1.62 last year. Buy Or Sell Opportunity • Nov 01
Now 21% undervalued Over the last 90 days, the stock has risen 13% to CN¥43.24. The fair value is estimated to be CN¥54.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 62% in 2 years. Earnings are forecast to grow by 73% in the next 2 years. Reported Earnings • Oct 30
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: CN¥0.41 (down from CN¥0.46 in 3Q 2023). Revenue: CN¥4.90b (up 6.4% from 3Q 2023). Net income: CN¥844.9m (down 10% from 3Q 2023). Profit margin: 17% (down from 20% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 21% p.a. on average during the next 3 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 14% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 30
AVIC Jonhon Optronic Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 AVIC Jonhon Optronic 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 18% After last week's 18% share price gain to CN¥43.54, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 21x in the Electronic industry in China. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥46.13 per share. Buy Or Sell Opportunity • Sep 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.6% to CN¥36.95. The fair value is estimated to be CN¥46.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 58% in 2 years. Earnings are forecast to grow by 64% in the next 2 years. Reported Earnings • Aug 30
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: CN¥0.43 (down from CN¥0.47 in 2Q 2023). Revenue: CN¥5.18b (down 4.3% from 2Q 2023). Net income: CN¥917.3m (down 4.5% from 2Q 2023). Profit margin: 18% (in line with 2Q 2023). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 7.3%. Revenue is forecast to grow 21% p.a. on average during the next 3 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 18% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jun 29
AVIC Jonhon Optronic Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 AVIC Jonhon Optronic Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 16
Dividend of CN¥0.60 announced Shareholders will receive a dividend of CN¥0.60. Ex-date: 21st May 2024 Payment date: 21st May 2024 Dividend yield will be 1.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but not covered by cash flows (120% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 15
AVIC Jonhon Optronic Technology Co.,Ltd. Implements Final Cash Dividend for 2023, Payable on 21 May 2024 AVIC Jonhon Optronic Technology Co.,Ltd. implemented final cash dividend of A shares of CNY 6.0000000 per 10 shares (tax included) for 2023. Record date: 20 May 2024. Ex-date: 21 May 2024. Payment date: 21 May 2024. Reported Earnings • Apr 27
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: EPS: CN¥0.36 (down from CN¥0.48 in 1Q 2023). Revenue: CN¥4.01b (down 25% from 1Q 2023). Net income: CN¥750.9m (down 24% from 1Q 2023). Profit margin: 19% (in line with 1Q 2023). Revenue missed analyst estimates by 33%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 20% 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 increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Apr 13
AVIC Jonhon Optronic Technology Co.,Ltd. Approves Cash Dividend for 2023 AVIC Jonhon Optronic Technology Co.,Ltd. announced that at its AGM held on 11 April 2024, approved 2023 profit distribution plan: Cash dividend/10 shares (tax included) is CNY 6.00000000. Announcement • Mar 30
AVIC Jonhon Optronic Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 AVIC Jonhon Optronic Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Mar 16
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: CN¥1.62 (up from CN¥1.33 in FY 2022). Revenue: CN¥20.1b (up 27% from FY 2022). Net income: CN¥3.34b (up 23% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.4%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Mar 16
AVIC Jonhon Optronic Technology Co.,Ltd., Annual General Meeting, Apr 11, 2024 AVIC Jonhon Optronic Technology Co.,Ltd., Annual General Meeting, Apr 11, 2024, at 09:30 China Standard Time. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥34.96, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Electronic industry in China. Total loss to shareholders of 16% over the past three years. Reported Earnings • Feb 02
Full year 2023 earnings released: EPS: CN¥1.61 (vs CN¥1.33 in FY 2022) Full year 2023 results: EPS: CN¥1.61 (up from CN¥1.33 in FY 2022). Revenue: CN¥20.1b (up 27% from FY 2022). Net income: CN¥3.34b (up 23% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Dec 30
AVIC Jonhon Optronic Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 16, 2024 AVIC Jonhon Optronic Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 16, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: EPS: CN¥0.46 (up from CN¥0.38 in 3Q 2022). Revenue: CN¥4.60b (up 7.9% from 3Q 2022). Net income: CN¥940.2m (up 21% from 3Q 2022). Profit margin: 20% (up from 18% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Revenue is forecast to grow 20% 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 increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
AVIC Jonhon Optronic Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023 AVIC Jonhon Optronic Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Announcement • Jul 01
AVIC Jonhon Optronic Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 23, 2023 AVIC Jonhon Optronic Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 23, 2023 Announcement • May 10
AVIC Jonhon Optronic Technology Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on May 16, 2023 AVIC Jonhon Optronic Technology Co.,Ltd. announced final Cash dividend/10 shares (tax included) of CNY 5.50000000 on A shares for the year 2022, payable on May 16, 2023. Record date: May 15, 2023; Ex-date: May 16, 2023. Price Target Changed • Mar 20
Price target decreased by 10% to CN¥71.79 Down from CN¥79.89, the current price target is an average from 7 analysts. New target price is 37% above last closing price of CN¥52.34. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥1.95 for next year compared to CN¥1.72 last year. Reported Earnings • Mar 16
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: CN¥1.73 (up from CN¥1.33 in FY 2021). Revenue: CN¥15.8b (up 23% from FY 2021). Net income: CN¥2.72b (up 37% from FY 2021). Profit margin: 17% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year. Reported Earnings • Feb 05
Full year 2022 earnings released: EPS: CN¥1.73 (vs CN¥1.33 in FY 2021) Full year 2022 results: EPS: CN¥1.73 (up from CN¥1.33 in FY 2021). Revenue: CN¥15.8b (up 23% from FY 2021). Net income: CN¥2.72b (up 37% from FY 2021). Profit margin: 17% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 31% per year. Announcement • Jan 17
AVIC Jonhon Optronic Technology Co.,Ltd. Approves Board Elections AVIC Jonhon Optronic Technology Co.,Ltd. at its EGM held on January 13, 2023 approved election of Zhang Li as non-independent director and Qi Xia as supervisor. 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. 5 experienced directors. No highly experienced directors. Supervisor Shuangcheng Lu is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 30
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: CN¥0.50 (up from CN¥0.34 in 3Q 2021). Revenue: CN¥4.26b (up 33% from 3Q 2021). Net income: CN¥775.4m (up 52% from 3Q 2021). Profit margin: 18% (up from 16% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 10%. Revenue is forecast to grow 21% 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 increased by 30% per year whereas the company’s share price has increased by 33% per year. Major Estimate Revision • Jun 15
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from CN¥1.68 to CN¥1.16. Revenue forecast unchanged from CN¥16.3b at last update. Net income forecast to grow 33% next year vs 44% growth forecast for Electronic industry in China. Consensus price target down from CN¥69.87 to CN¥47.84. Share price fell 4.3% to CN¥59.14 over the past week. Announcement • Jun 07
AVIC Jonhon Optronic Technology Co.,Ltd. Announces 2021 Final Profit Distribution AVIC Jonhon Optronic Technology Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY5.50. Record date is 10 June 2022. Ex-date is 13 June 2022. Payment date is 13 June 2022. Reported Earnings • May 02
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: CN¥0.66 (up from CN¥0.58 in 1Q 2021). Revenue: CN¥3.97b (up 17% from 1Q 2021). Net income: CN¥737.4m (up 18% from 1Q 2021). Profit margin: 19% (in line with 1Q 2021). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 28%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Apr 27
Price target decreased to CN¥97.82 Down from CN¥109, the current price target is an average from 13 analysts. New target price is 44% above last closing price of CN¥67.85. Stock is down 7.5% over the past year. The company is forecast to post earnings per share of CN¥2.34 for next year compared to CN¥1.86 last year. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO, Secretary of the Board & Non-Independent Director Yang Liu was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
AVIC Jonhon Optronic Technology Co.,Ltd. Approves 2021 Profit Distribution Plan At the Annual General Meeting Held on April 22, 2022 AVIC Jonhon Optronic Technology Co.,Ltd. approved 2021 profit distribution plan at the Annual General Meeting held on April 22, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 5.50000000. Price Target Changed • Apr 05
Price target decreased to CN¥97.82 Down from CN¥109, the current price target is an average from 11 analysts. New target price is 20% above last closing price of CN¥81.23. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥2.33 for next year compared to CN¥1.86 last year. Announcement • Apr 02
AVIC Jonhon Optronic Technology Co.,Ltd., Annual General Meeting, Apr 22, 2022 AVIC Jonhon Optronic Technology Co.,Ltd., Annual General Meeting, Apr 22, 2022, at 14:30 China Standard Time. Agenda: To consider the 2021 work report of the board of directors; to consider the 2021 work report of the supervisory committee; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; to consider the 2022 estimated continuing connected transactions; to consider the 2021 annual report and its summary; to consider the 2022 financial budget; to consider the reappointment of audit firm; to consider the formulation of the implementing plan for duty and power of the board of directors; to consider the amendments to the assets write-off management system; to consider the amendments to the system for independent directors; and to consider the amendments to the connected transactions system. Reported Earnings • Apr 02
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥1.86 (up from CN¥1.35 in FY 2020). Revenue: CN¥12.9b (up 25% from FY 2020). Net income: CN¥1.99b (up 38% from FY 2020). Profit margin: 15% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Over the next year, revenue is forecast to grow 27%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 01
AVIC Jonhon Optronic Technology Co.,Ltd. Proposes Profit Distribution for 2021 AVIC Jonhon Optronic Technology Co.,Ltd. announced on 31 March 2022 the profit distribution proposal for 2021 as cash dividend/10 shares (tax included): CNY 5.50000000. Reported Earnings • Jan 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥1.86 (up from CN¥1.35 in FY 2020). Revenue: CN¥12.9b (up 25% from FY 2020). Net income: CN¥1.99b (up 38% from FY 2020). Profit margin: 15% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 4.1%. Over the next year, revenue is forecast to grow 31%, compared to a 28% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.47 (vs CN¥0.40 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥3.21b (up 13% from 3Q 2020). Net income: CN¥509.0m (up 17% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥83.55, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 161% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.86 per share. Price Target Changed • Sep 02
Price target increased to CN¥102 Up from CN¥91.71, the current price target is an average from 13 analysts. New target price is 10% above last closing price of CN¥92.32. Stock is up 88% over the past year. Price Target Changed • Aug 30
Price target increased to CN¥93.08 Up from CN¥85.83, the current price target is an average from 12 analysts. New target price is 8.0% below last closing price of CN¥101. Stock is up 100% over the past year. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.46 (vs CN¥0.46 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¥3.28b (up 8.9% from 2Q 2020). Net income: CN¥489.5m (down 2.0% from 2Q 2020). Profit margin: 15% (down from 17% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥84.22, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 161% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.60 per share. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.58 (vs CN¥0.15 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥3.39b (up 88% from 1Q 2020). Net income: CN¥624.4m (up 281% from 1Q 2020). Profit margin: 18% (up from 9.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥79.00, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 155% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.80 per share. Announcement • Apr 11
AVIC Jonhon Optronic Technology Co., Ltd. Provides Financial Guidance First Quarter of the Year of 2021 AVIC Jonhon Optronic Technology Co., Ltd. provided financial guidance first quarter of the year of 2021. It is estimated that during the first quarter of the year of 2021, the net profit attributable to shareholders of JONHON OPTRONIC is estimated to increase by 270% to 300% as compared to the corresponding period of last year. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS CN¥1.35 (vs CN¥1.04 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥10.3b (up 13% from FY 2019). Net income: CN¥1.44b (up 34% from FY 2019). Profit margin: 14% (up from 12% 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 16% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥59.94, the stock is trading at a trailing P/E ratio of 44.5x, down from the previous P/E ratio of 53.7x. This compares to an average P/E of 39x in the Electronic industry in China. Total returns to shareholders over the past three years are 103%. Is New 90 Day High Low • Mar 09
New 90-day low: CN¥59.94 The company is down 6.0% from its price of CN¥63.99 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥5.38 per share. Price Target Changed • Feb 28
Price target raised to CN¥80.22 Up from CN¥72.83, the current price target is an average from 9 analysts. The new target price is 17% above the current share price of CN¥68.83. As of last close, the stock is up 75% over the past year. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥65.35, the stock is trading at a trailing P/E ratio of 51.8x, down from the previous P/E ratio of 61.2x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years are 132%. Price Target Changed • Feb 19
Price target raised to CN¥77.04 Up from CN¥68.07, the current price target is an average from 9 analysts. The new target price is 5.1% above the current share price of CN¥73.29. As of last close, the stock is up 88% over the past year. Announcement • Jan 22
AVIC Jonhon Optronic Technology Co., Ltd. to Report Fiscal Year 2020 Results on Mar 16, 2021 AVIC Jonhon Optronic Technology Co., Ltd. announced that they will report fiscal year 2020 results on Mar 16, 2021 Is New 90 Day High Low • Jan 07
New 90-day high: CN¥85.45 The company is up 79% from its price of CN¥47.65 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥12.66 per share. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥85.39, the stock is trading at a trailing P/E ratio of 67.7x, up from the previous P/E ratio of 57.7x. This compares to an average P/E of 42x in the Electronic industry in China. Total returns to shareholders over the past three years are 185%. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥73.99, the stock is trading at a trailing P/E ratio of 58.7x, up from the previous P/E ratio of 50.4x. This compares to an average P/E of 41x in the Electronic industry in China. Total returns to shareholders over the past three years are 147%. Is New 90 Day High Low • Dec 21
New 90-day high: CN¥68.36 The company is up 45% from its price of CN¥47.27 on 22 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥12.68 per share. Is New 90 Day High Low • Nov 24
New 90-day high: CN¥61.30 The company is up 30% from its price of CN¥46.99 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥10.90 per share. Price Target Changed • Nov 17
Price target raised to CN¥65.17 Up from CN¥60.87, the current price target is an average from 8 analysts. The new target price is 10% above the current share price of CN¥58.99. As of last close, the stock is up 44% over the past year. Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 16% share price gain to CN¥59.79, the stock is trading at a trailing P/E ratio of 47.4x, up from the previous P/E ratio of 41x. This compares to an average P/E of 47x in the Electronic industry in China. Total returns to shareholders over the past three years are 111%. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥1.34b, up 23% from the prior year. Total revenue was CN¥9.93b over the last 12 months, up 11% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue and earnings beat expectations Third-quarter revenue exceeded analyst estimates by 12% at CN¥2.86b. Earnings per share (EPS) also surpassed analyst estimates by 33% at CN¥0.40. Revenue is forecast to grow 22% over the next year, compared to a 30% growth forecast for the Electronic industry in China. 
