Announcement • Apr 20
SDIC Intelligence Information Technology Co., Ltd., Annual General Meeting, May 14, 2026 SDIC Intelligence Information Technology Co., Ltd., Annual General Meeting, May 14, 2026, at 15:00 China Standard Time. Location: No. 188, Qianpu East Road, Software Park Phase II, Torch Hi-tech Zone, Xiamen, Fujian China Reported Earnings • Apr 19
First quarter 2026 earnings released: CN¥0.18 loss per share (vs CN¥0.15 loss in 1Q 2025) First quarter 2026 results: CN¥0.18 loss per share (further deteriorated from CN¥0.15 loss in 1Q 2025). Revenue: CN¥164.5m (down 24% from 1Q 2025). Net loss: CN¥151.9m (loss widened 20% from 1Q 2025). Revenue is forecast to grow 25% 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, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Mar 31
SDIC Intelligence Information Technology Co., Ltd. to Report Q1, 2026 Results on Apr 18, 2026 SDIC Intelligence Information Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 18, 2026 Announcement • Dec 31
SDIC Intelligence Information Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 SDIC Intelligence Information Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: CN¥0.18 loss per share (vs CN¥0.13 loss in 3Q 2024) Third quarter 2025 results: CN¥0.18 loss per share (further deteriorated from CN¥0.13 loss in 3Q 2024). Revenue: CN¥237.6m (down 32% from 3Q 2024). Net loss: CN¥157.4m (loss widened 38% from 3Q 2024). 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, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. New Risk • Oct 09
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 9.1% 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. This is currently the only risk that has been identified for the company. Announcement • Sep 30
SDIC Intelligence Xiamen Information Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 SDIC Intelligence Xiamen Information Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Price Target Changed • Aug 26
Price target increased by 15% to CN¥17.88 Up from CN¥15.59, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥17.70. Stock is up 77% over the past year. The company is forecast to post earnings per share of CN¥0.13 next year compared to a net loss per share of CN¥0.48 last year. Reported Earnings • Aug 23
Second quarter 2025 earnings released: CN¥0.097 loss per share (vs CN¥0.11 loss in 2Q 2024) Second quarter 2025 results: CN¥0.097 loss per share (improved from CN¥0.11 loss in 2Q 2024). Revenue: CN¥342.3m (down 3.4% from 2Q 2024). Net loss: CN¥81.8m (loss narrowed 13% from 2Q 2024). 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, the company's share price growth rate has exceeded its earnings growth rate by 132 percentage points per year, which is a significant difference in performance. New Risk • Jul 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 6.6% 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 • Jul 02
SDIC Intelligence Xiamen Information Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 SDIC Intelligence Xiamen Information Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Apr 15
SDIC Intelligence Xiamen Information Co., Ltd. (SZSE:300188) announces an Equity Buyback for CNY 50 million worth of its shares. SDIC Intelligence Xiamen Information Co., Ltd. (SZSE:300188) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its ordinary A shares. The shares will be repurchased at a price of not more than CNY 14.45 per share. The program will be financed via own funds and special loans. The shares repurchased will be used to maintain the value of the company and the rights and interests of shareholders. The program will be valid for 3 months. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.1% 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. This is currently the only risk that has been identified for the company. Announcement • Mar 31
SDIC Intelligence Xiamen Information Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 SDIC Intelligence Xiamen Information Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 31
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥0.48 loss per share (further deteriorated from CN¥0.24 loss in FY 2023). Revenue: CN¥1.77b (down 11% from FY 2023). Net loss: CN¥415.0m (loss widened 102% from FY 2023). Revenue missed analyst estimates by 20%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 26% 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, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Announcement • Mar 31
SDIC Intelligence Xiamen Information Co., Ltd., Annual General Meeting, Apr 25, 2025 SDIC Intelligence Xiamen Information Co., Ltd., Annual General Meeting, Apr 25, 2025, at 15:00 China Standard Time. Location: No. 12, Guanri Road, Software Park Phase II, Xiamen, Fujian China Announcement • Dec 31
SDIC Intelligence Xiamen Information Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025 SDIC Intelligence Xiamen Information Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025 Reported Earnings • Oct 23
Third quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.14 loss in 3Q 2023) Third quarter 2024 results: CN¥0.13 loss per share (improved from CN¥0.14 loss in 3Q 2023). Revenue: CN¥348.7m (up 18% from 3Q 2023). Net loss: CN¥114.2m (loss narrowed 3.9% from 3Q 2023). Revenue is forecast to grow 23% 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, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. New Risk • Sep 30
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. This is currently the only risk that has been identified for the company. Announcement • Sep 30
SDIC Intelligence Xiamen Information Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024 SDIC Intelligence Xiamen Information Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 Board Change • Sep 03
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Jing Chen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 29
SDIC Intelligence Xiamen Information Co., Ltd. Approves Management Elections SDIC Intelligence Xiamen Information Co., Ltd. at its Extraordinary General Meeting held on 27 August 2024 approved the election of Hui Peng, Yang Jin and Chen Jing as non-independent director. The company approved the election of Yang Chenhui as independent director. The company approved the election of Jin Yuchen and Dong Shi as non-employee supervisor. Reported Earnings • Aug 24
Second quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.13 loss in 2Q 2023) Second quarter 2024 results: CN¥0.11 loss per share (improved from CN¥0.13 loss in 2Q 2023). Revenue: CN¥354.4m (up 15% from 2Q 2023). Net loss: CN¥93.5m (loss narrowed 16% from 2Q 2023). 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, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
SDIC Intelligence Xiamen Information Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 SDIC Intelligence Xiamen Information Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.20 loss in 1Q 2023) First quarter 2024 results: CN¥0.04 loss per share (improved from CN¥0.20 loss in 1Q 2023). Revenue: CN¥194.2m (up 32% from 1Q 2023). Net loss: CN¥34.1m (loss narrowed 80% from 1Q 2023). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 17
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: CN¥0.24 loss per share (down from CN¥0.18 profit in FY 2022). Revenue: CN¥1.98b (down 13% from FY 2022). Net loss: CN¥205.6m (down 239% from profit in FY 2022). Revenue missed analyst estimates by 24%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Announcement • Apr 13
SDIC Intelligence Xiamen Information Co., Ltd., Annual General Meeting, May 10, 2024 SDIC Intelligence Xiamen Information Co., Ltd., Annual General Meeting, May 10, 2024, at 15:00 China Standard Time. Announcement • Mar 30
SDIC Intelligence Xiamen Information Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 SDIC Intelligence Xiamen Information Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Jan 27
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 6.3% 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. This is currently the only risk that has been identified for the company. Announcement • Dec 30
Xiamen Meiya Pico Information Co.,LTD. to Report Fiscal Year 2023 Results on Mar 30, 2024 Xiamen Meiya Pico Information Co.,LTD. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Oct 21
Third quarter 2023 earnings released: CN¥0.14 loss per share (vs CN¥0.12 loss in 3Q 2022) Third quarter 2023 results: CN¥0.14 loss per share (further deteriorated from CN¥0.12 loss in 3Q 2022). Revenue: CN¥295.3m (down 29% from 3Q 2022). Net loss: CN¥118.9m (loss widened 26% from 3Q 2022). Revenue is forecast to grow 32% 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, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Price Target Changed • Aug 19
Price target decreased by 7.2% to CN¥21.88 Down from CN¥23.57, the current price target is an average from 3 analysts. New target price is 32% above last closing price of CN¥16.60. Stock is up 27% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.18 last year. Announcement • Jun 13
Xiamen Meiya Pico Information Co.,LTD. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 16, 2023 Xiamen Meiya Pico Information Co.,LTD. announced final cash dividend of CNY 0.45 per 10 shares on A shares for the year 2022. Record date is June 15, 2023, Ex-Date is June 16, 2023 and Payment Date is June 16, 2023. Price Target Changed • Apr 28
Price target increased by 8.3% to CN¥24.27 Up from CN¥22.40, the current price target is an average from 3 analysts. New target price is 7.6% above last closing price of CN¥22.55. Stock is up 89% over the past year. The company is forecast to post earnings per share of CN¥0.36 for next year compared to CN¥0.18 last year. Reported Earnings • Apr 23
First quarter 2023 earnings released: CN¥0.20 loss per share (vs CN¥0.072 loss in 1Q 2022) First quarter 2023 results: CN¥0.20 loss per share (further deteriorated from CN¥0.072 loss in 1Q 2022). Revenue: CN¥147.4m (down 54% from 1Q 2022). Net loss: CN¥167.4m (loss widened 190% from 1Q 2022). Revenue is forecast to grow 24% 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 fallen by 33% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Price Target Changed • Dec 20
Price target decreased to CN¥15.00 Down from CN¥17.00, the current price target is an average from 2 analysts. New target price is 17% above last closing price of CN¥12.80. Stock is down 26% over the past year. The company is forecast to post earnings per share of CN¥0.40 for next year compared to CN¥0.39 last year. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Chairman Da Teng is the most experienced director on the board, commencing their role in 2015. 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 28
Third quarter 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.038 profit in 3Q 2021) Third quarter 2022 results: CN¥0.12 loss per share (down from CN¥0.038 profit in 3Q 2021). Revenue: CN¥416.1m (down 7.7% from 3Q 2021). Net loss: CN¥94.7m (down 474% from profit in 3Q 2021). 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 9% per year and the company’s share price has also fallen by 9% per year. Major Estimate Revision • Sep 09
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.99b to CN¥2.89b. EPS estimate also fell from CN¥0.56 per share to CN¥0.50 per share. Net income forecast to grow 123% next year vs 47% growth forecast for Electronic industry in China. Consensus price target down from CN¥17.00 to CN¥15.00. Share price was steady at CN¥12.66 over the past week. Reported Earnings • Aug 31
Second quarter 2022 earnings released: CN¥0.068 loss per share (vs CN¥0.04 profit in 2Q 2021) Second quarter 2022 results: CN¥0.068 loss per share (down from CN¥0.04 profit in 2Q 2021). Revenue: CN¥368.0m (down 29% from 2Q 2021). Net loss: CN¥55.0m (down 239% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 45%, compared to a 27% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jun 14
Xiamen Meiya Pico Information Co.,Ltd. Announces Cash Dividend for A Shares for the Year 2021, Payable on June 17, 2022 Xiamen Meiya Pico Information Co.,LTD. announced cash dividend/10 shares (tax included) of CNY 1.20000000 for A shares for the year 2021. Record date is 16 June 2022. Ex-date is 17 June 2022. Payment date is 17 June 2022. Price Target Changed • Jun 02
Price target decreased to CN¥17.00 Down from CN¥21.14, the current price target is an average from 4 analysts. New target price is 30% above last closing price of CN¥13.12. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥0.59 for next year compared to CN¥0.39 last year. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.072 loss per share (down from CN¥0.039 loss in 1Q 2021). Revenue: CN¥319.8m (up 17% from 1Q 2021). Net loss: CN¥57.8m (loss widened 84% from 1Q 2021). Revenue missed analyst estimates by 21%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 30%, compared to a 24% growth forecast for the 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 14% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 27
Price target decreased to CN¥21.14 Down from CN¥23.47, the current price target is an average from 5 analysts. New target price is 81% above last closing price of CN¥11.67. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥0.59 for next year compared to CN¥0.39 last year. Board Change • Apr 27
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Non-Independent Director Qiang Shen is the most experienced director on the board, commencing their role in 2018. 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 • Mar 30
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.39 (down from CN¥0.47 in FY 2020). Revenue: CN¥2.54b (up 6.3% from FY 2020). Net income: CN¥310.4m (down 17% from FY 2020). Profit margin: 12% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 40%. Over the next year, revenue is forecast to grow 22%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Xiamen Meiya Pico Information Co.,LTD. Proposes Final Cash Dividend for the Year 2021 Xiamen Meiya Pico Information Co.,LTD. proposed final cash dividend/10 shares (tax included) of CNY 1.20000000 for the year 2021. Announcement • Mar 05
Xiamen Meiya Pico Information Co.,LTD. announced that it expects to receive CNY 759.999995 million in funding from SDIC Intelligent Techonology Co., Ltd Xiamen Meiya Pico Information Co.,LTD. announced a private placement transaction of not more than 61,838,893 Class A common shares to be issued at a price of CNY 12.29 per Class A common share for gross proceeds of not more CNY 760,000,000 on March 2, 2022. The transaction will include participation from returning investor SDIC Intelligent Technology Co., Ltd. Issue price for the shares to be issued in the private placement shall not be lower than 80% of the average stock price 20 trading days before the pricing reference date. The securities to be issued in the transaction will have a lock-up period of eighteen months after issuance completion date. The transaction has been reviewed and approved at the seventh meeting of the fifth board of directors of the company. The transaction is subject to approval from the company’s shareholders and from China Securities Regulatory Commission. Major Estimate Revision • Mar 04
Consensus revenue estimates fall by 20% The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥3.85b to CN¥3.08b. EPS estimate fell from CN¥0.80 to CN¥0.54 per share. Net income forecast to grow 39% next year vs 38% growth forecast for Electronic industry in China. Consensus price target down from CN¥23.47 to CN¥21.14. Share price was steady at CN¥15.35 over the past week. Price Target Changed • Mar 01
Price target decreased to CN¥21.14 Down from CN¥25.10, the current price target is an average from 7 analysts. New target price is 38% above last closing price of CN¥15.37. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.77 for next year compared to CN¥0.39 last year. Reported Earnings • Feb 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.39 (down from CN¥0.47 in FY 2020). Revenue: CN¥2.54b (up 6.3% from FY 2020). Net income: CN¥310.4m (down 17% from FY 2020). Profit margin: 12% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 40%. Over the next year, revenue is forecast to grow 52%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jan 28
Xiamen Meiya Pico Information Co.,LTD.(XSEC:300188) dropped from FTSE All-World Index (USD) Xiamen Meiya Pico Information Co.,LTD.(XSEC:300188) dropped from FTSE All-World Index (USD) Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥14.51, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 5.3% over the past three years. Price Target Changed • Oct 26
Price target decreased to CN¥23.47 Down from CN¥26.00, the current price target is an average from 8 analysts. New target price is 46% above last closing price of CN¥16.13. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥0.61 for next year compared to CN¥0.47 last year. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.038 (vs CN¥0.082 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥451.0m (down 3.3% from 3Q 2020). Net income: CN¥25.3m (down 62% from 3Q 2020). Profit margin: 5.6% (down from 14% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.047 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥516.6m (up 35% from 2Q 2020). Net income: CN¥39.6m (down 18% from 2Q 2020). Profit margin: 7.7% (down from 13% 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 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Price Target Changed • Jul 15
Price target decreased to CN¥24.94 Down from CN¥27.71, the current price target is an average from 7 analysts. New target price is 25% above last closing price of CN¥19.91. Stock is down 15% over the past year. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥21.29, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.38 per share. Reported Earnings • May 01
First quarter 2021 earnings released: CN¥0.039 loss per share (vs CN¥0.056 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¥273.9m (up 19% from 1Q 2020). Net loss: CN¥31.5m (loss narrowed 29% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS CN¥0.47 (vs CN¥0.36 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.39b (up 15% from FY 2019). Net income: CN¥375.7m (up 30% from FY 2019). Profit margin: 16% (up from 14% 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 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Feb 25
Xiamen Meiya Pico Information Co.,LTD. to Report Fiscal Year 2020 Results on Mar 31, 2021 Xiamen Meiya Pico Information Co.,LTD. announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Jan 25
New 90-day low: CN¥19.53 The company is down 19% from its price of CN¥23.98 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥11.81 per share. Is New 90 Day High Low • Nov 10
New 90-day high: CN¥24.46 The company is up 24% from its price of CN¥19.69 on 12 August 2020. The Chinese market is up 1.0% 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¥10.24 per share. Price Target Changed • Oct 28
Price target raised to CN¥27.71 Up from CN¥25.67, the current price target is an average from 8 analysts. The new target price is 19% above the current share price of CN¥23.33. As of last close, the stock is up 39% over the past year. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥393.3m, up 77% from the prior year. Total revenue was CN¥2.28b over the last 12 months, up 31% from the prior year. Announcement • Oct 20
Xiamen Meiya Pico Information Co.,LTD. to Report Q3, 2020 Results on Oct 28, 2020 Xiamen Meiya Pico Information Co.,LTD. announced that they will report Q3, 2020 results on Oct 28, 2020 Is New 90 Day High Low • Oct 14
New 90-day high: CN¥22.91 The company is up 4.0% from its price of CN¥22.10 on 16 July 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 up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.68 per share. Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 15% share price gain to CN¥22.91, the stock is trading at a trailing P/E ratio of 67.7x, up from the previous P/E ratio of 58.8x. This compares to an average P/E of 50x in the Electronic industry in China. Total returns to shareholders over the past three years are 119%. Announcement • Aug 13
Xiamen Meiya Pico Information Co.,LTD. to Report First Half, 2020 Results on Aug 28, 2020 Xiamen Meiya Pico Information Co.,LTD. announced that they will report first half, 2020 results on Aug 28, 2020