Reported Earnings • Apr 29
First quarter 2026 earnings released: EPS: CN¥0.007 (vs CN¥0.03 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.007 (down from CN¥0.03 in 1Q 2025). Revenue: CN¥115.4m (up 1.4% from 1Q 2025). Net income: CN¥3.55m (down 77% from 1Q 2025). Profit margin: 3.1% (down from 14% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year. Announcement • Apr 28
Red phase INC., Annual General Meeting, May 20, 2026 Red phase INC., Annual General Meeting, May 20, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China Announcement • Mar 31
Red phase INC. to Report Q1, 2026 Results on Apr 28, 2026 Red phase INC. announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 04
Full year 2025 earnings released: CN¥0.04 loss per share (vs CN¥0.92 loss in FY 2024) Full year 2025 results: CN¥0.04 loss per share (improved from CN¥0.92 loss in FY 2024). Revenue: CN¥738.2m (up 16% from FY 2024). Net loss: CN¥17.9m (loss narrowed 95% from FY 2024). 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 8% per year, which means it has not declined as severely as earnings. Announcement • Dec 31
Red phase INC. to Report Fiscal Year 2025 Results on Apr 28, 2026 Red phase INC. announced that they will report fiscal year 2025 results on Apr 28, 2026 New Risk • Nov 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 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.085 (vs CN¥0.15 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.085 (up from CN¥0.15 loss in 3Q 2024). Revenue: CN¥191.5m (up 79% from 3Q 2024). Net income: CN¥43.2m (up CN¥104.0m from 3Q 2024). Profit margin: 23% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Announcement • Sep 30
Red phase INC. to Report Q3, 2025 Results on Oct 29, 2025 Red phase INC. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Red phase INC. to Report First Half, 2025 Results on Aug 28, 2025 Red phase INC. announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • Jun 06
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥95m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥95m free cash flow). Earnings have declined by 41% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). New Risk • Jun 03
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 30% 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 (27% increase in shares outstanding). New Risk • May 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥95m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CN¥95m free cash flow). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Reported Earnings • Apr 23
Full year 2024 earnings released: CN¥0.92 loss per share (vs CN¥1.27 loss in FY 2023) Full year 2024 results: CN¥0.92 loss per share (improved from CN¥1.27 loss in FY 2023). Revenue: CN¥634.9m (down 45% from FY 2023). Net loss: CN¥353.1m (loss narrowed 23% from FY 2023). 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 29% per year, which means it is significantly lagging earnings. Announcement • Apr 22
Red phase INC., Annual General Meeting, May 14, 2025 Red phase INC., Annual General Meeting, May 14, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China 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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥4.20, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 70% over the past three years. Announcement • Mar 31
Red phase INC. to Report Q1, 2025 Results on Apr 28, 2025 Red phase INC. announced that they will report Q1, 2025 results on Apr 28, 2025 Reported Earnings • Mar 02
Full year 2024 earnings released: CN¥0.83 loss per share (vs CN¥1.27 loss in FY 2023) Full year 2024 results: CN¥0.83 loss per share (improved from CN¥1.27 loss in FY 2023). Revenue: CN¥645.1m (down 44% from FY 2023). Net loss: CN¥336.2m (loss narrowed 27% from FY 2023). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% 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 49% per year over the past 5 years. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (41% increase in shares outstanding). Announcement • Dec 31
Red phase INC. to Report Fiscal Year 2024 Results on Apr 22, 2025 Red phase INC. announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.21 loss in 3Q 2023) Third quarter 2024 results: CN¥0.15 loss per share (improved from CN¥0.21 loss in 3Q 2023). Revenue: CN¥107.3m (down 58% from 3Q 2023). Net loss: CN¥60.8m (loss narrowed 21% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Announcement • Sep 30
Red phase INC. to Report Q3, 2024 Results on Oct 29, 2024 Red phase INC. announced that they will report Q3, 2024 results on Oct 29, 2024 Announcement • Jul 30
Red phase INC. Announces Board Appointments Red phase INC. announced that at the EGM held on 26 July 2024, approved the appointment of Tang Wenchun, non-independent director, Luo Yuan, non-independent director, Zuo Kegang, non-independent director, Huang Yue, independent director, Liu Yang, independent director. Announcement • Jun 29
Red phase INC. to Report First Half, 2024 Results on Aug 30, 2024 Red phase INC. announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • Apr 30
First quarter 2024 earnings released: CN¥0.091 loss per share (vs CN¥0.12 profit in 1Q 2023) First quarter 2024 results: CN¥0.091 loss per share (down from CN¥0.12 profit in 1Q 2023). Revenue: CN¥65.0m (down 82% from 1Q 2023). Net loss: CN¥32.8m (down 177% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 28% per year. Announcement • Apr 30
Red phase INC., Annual General Meeting, May 22, 2024 Red phase INC., Annual General Meeting, May 22, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China Announcement • Mar 30
Red phase INC. to Report Q1, 2024 Results on Apr 26, 2024 Red phase INC. announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Mar 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.6% 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 Risks Interest payments are not well covered by earnings (0.5x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (6.6% increase in shares outstanding). New Risk • Jan 31
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 7.7% 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Announcement • Dec 30
Red phase INC. to Report Fiscal Year 2023 Results on Apr 26, 2024 Red phase INC. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.022 profit in 3Q 2022) Third quarter 2023 results: CN¥0.21 loss per share (down from CN¥0.022 profit in 3Q 2022). Revenue: CN¥255.1m (down 43% from 3Q 2022). Net loss: CN¥76.9m (down CN¥85.1m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year whereas the company’s share price has fallen by 37% per year. Announcement • Sep 30
Red phase INC. to Report Q3, 2023 Results on Oct 27, 2023 Red phase INC. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.037 loss per share (vs CN¥0.066 profit in 2Q 2022) Second quarter 2023 results: CN¥0.037 loss per share (down from CN¥0.066 profit in 2Q 2022). Revenue: CN¥329.7m (down 22% from 2Q 2022). Net loss: CN¥13.4m (down 157% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings. Announcement • May 06
Red phase INC., Annual General Meeting, May 22, 2023 Red phase INC., Annual General Meeting, May 22, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 annual report and its summary; to consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2023 the Company and subsidiaries' provision of guarantee for the comprehensive credit line applied for by other subsidiaries; to consider Shareholder return plan for the next three years from 2023 to 2025; and to consider other matters. Valuation Update With 7 Day Price Move • May 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥9.32, the stock trades at a trailing P/E ratio of 40.9x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 51% over the past three years. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.071 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.071 in 1Q 2022). Revenue: CN¥368.9m (up 17% from 1Q 2022). Net income: CN¥42.4m (up 67% from 1Q 2022). Profit margin: 12% (up from 8.0% in 1Q 2022). The increase in margin 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 59 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥14.52, the stock trades at a trailing P/E ratio of 53.5x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 13% over the past three years. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: CN¥0.27 (vs CN¥1.77 loss in FY 2021) Full year 2022 results: EPS: CN¥0.27 (up from CN¥1.77 loss in FY 2021). Revenue: CN¥1.98b (up 42% from FY 2021). Net income: CN¥98.2m (up CN¥734.0m from FY 2021). Profit margin: 5.0% (up from net loss in FY 2021). The move to profitability was primarily 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 85 percentage points per year, which is a significant difference in performance. Announcement • Feb 17
Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580). Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) agreed to acquire 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580) for approximately CNY 340 million on February 1, 2023. Post completion, Wolong Electric Group Co.,Ltd. will hold 6.94% stake and Kangqi Assets Wuwei No. 2 will hold 5.5% stake in Red phase.
Kangqi Assets Wuwei No. 2 Private Equity Securities Investment Fund, managed by Guangzhou Kangqi Asset Management Center (Limited Partnership) completed the acquisition of a 5.5% stake in Red phase INC. (SZSE:300427) from Wolong Electric Group Co.,Ltd. (SHSE:600580) on January 15, 2023. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yifei Yang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 10
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yifei Yang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.076 (vs CN¥0.046 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.076 (up from CN¥0.046 in 3Q 2021). Revenue: CN¥586.6m (up 84% from 3Q 2021). Net income: CN¥27.5m (up 64% from 3Q 2021). Profit margin: 4.7% (down from 5.3% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.066 (vs CN¥0.12 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.066 (down from CN¥0.12 in 2Q 2021). Revenue: CN¥420.9m (up 23% from 2Q 2021). Net income: CN¥23.6m (down 43% from 2Q 2021). Profit margin: 5.6% (down from 12% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.071 (down from CN¥0.08 in 1Q 2021). Revenue: CN¥316.1m (up 15% from 1Q 2021). Net income: CN¥25.4m (down 12% from 1Q 2021). Profit margin: 8.0% (down from 11% in 1Q 2021). Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 24%. 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. Reported Earnings • Feb 22
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: CN¥1.73 loss per share (down from CN¥0.65 profit in FY 2020). Revenue: CN¥1.39b (down 8.3% from FY 2020). Net loss: CN¥624.2m (down 369% from profit in FY 2020). Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS CN¥0.046 (vs CN¥0.18 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥318.4m (down 7.0% from 3Q 2020). Net income: CN¥16.7m (down 75% from 3Q 2020). Profit margin: 5.3% (down from 19% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.22 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥342.2m (down 10% from 2Q 2020). Net income: CN¥41.6m (down 47% from 2Q 2020). Profit margin: 12% (down from 21% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥15.69, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years. Announcement • May 21
Red Phase Announces Final Cash Dividend for the Year 2020, Payable on 26 May 2021 Red phase announced a final cash dividend of CNY 1.29999900 per 10 A shares (tax included) for the year 2020. Record date is 25 May 2021, Ex-date is 26 May 2021 and Payment date is 26 May 2021. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.65 (vs CN¥0.66 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.52b (up 13% from FY 2019). Net income: CN¥231.7m (down 1.3% from FY 2019). Profit margin: 15% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥12.04, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 25x in the Electronic industry in China. Total loss to shareholders of 17% over the past three years. Announcement • Mar 10
Red phase INC. to Report Fiscal Year 2020 Results on Apr 23, 2021 Red phase INC. announced that they will report fiscal year 2020 results on Apr 23, 2021 Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.64 (vs CN¥0.66 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥1.52b (up 13% from FY 2019). Net income: CN¥228.9m (down 2.5% from FY 2019). Profit margin: 15% (down from 18% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue and earnings miss expectations Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 26%. Over the next year, revenue is forecast to grow 44%, compared to a 31% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥17.27, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 19.8x. 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 28%. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥17.59 The company is down 28% from its price of CN¥24.40 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.81 per share. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥19.15, the stock is trading at a trailing P/E ratio of 26.1x, down from the previous P/E ratio of 31x. 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 55%. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥21.92, the stock is trading at a trailing P/E ratio of 29.9x, down from the previous P/E ratio of 35.4x. 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 57%. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥22.20 The company is down 16% from its price of CN¥26.32 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 Electronic industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.25 per share. Is New 90 Day High Low • Nov 17
New 90-day low: CN¥22.62 The company is down 30% from its price of CN¥32.51 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed 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¥2.85 per share. Is New 90 Day High Low • Nov 01
New 90-day low: CN¥24.93 The company is down 6.0% from its price of CN¥26.46 on 03 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed 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¥2.72 per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥261.8m, up 1.4% from the prior year. Total revenue was CN¥1.42b over the last 12 months, up 2.6% from the prior year. Announcement • Oct 20
Red phase INC. to Report Q3, 2020 Results on Oct 28, 2020 Red phase INC. announced that they will report Q3, 2020 results on Oct 28, 2020 Announcement • Aug 14
Red phase INC. announced that it expects to receive CNY 550 million in funding Red phase INC. (SZSE:300427) announced a private placement of common shares for gross proceeds of up to CNY 550,000,000 on August 13, 2020. Announcement • Aug 11
Red phase INC. to Report First Half, 2020 Results on Aug 27, 2020 Red phase INC. announced that they will report first half, 2020 results on Aug 27, 2020 
