Announcement • Jul 01
Changzhou Zhongying Science & Technology Co., Ltd to Report First Half, 2026 Results on Aug 24, 2026 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report first half, 2026 results on Aug 24, 2026 Reported Earnings • Apr 22
Full year 2025 earnings released: EPS: CN¥0.028 (vs CN¥0.42 in FY 2024) Full year 2025 results: EPS: CN¥0.028 (down from CN¥0.42 in FY 2024). Revenue: CN¥226.1m (down 18% from FY 2024). Net income: CN¥2.13m (down 93% from FY 2024). Profit margin: 0.9% (down from 12% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. Announcement • Apr 22
Changzhou Zhongying Science & Technology Co., Ltd, Annual General Meeting, May 13, 2026 Changzhou Zhongying Science & Technology Co., Ltd, Annual General Meeting, May 13, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China Announcement • Mar 31
Changzhou Zhongying Science & Technology Co., Ltd to Report Q1, 2026 Results on Apr 23, 2026 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report Q1, 2026 results on Apr 23, 2026 New Risk • Mar 10
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 8.6% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • Dec 31
Changzhou Zhongying Science & Technology Co., Ltd to Report Fiscal Year 2025 Results on Apr 22, 2026 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report fiscal year 2025 results on Apr 22, 2026 Announcement • Nov 15
Changzhou Zhongying Science & Technology Co., Ltd Approves Election of Feng Kai as Non-Independent Director Changzhou Zhongying Science & Technology Co. Ltd. at its Extraordinary General Meeting of 2025 held on 13 November 2025, approved election Feng Kai, non-independent director. New Risk • Oct 28
New major risk - Revenue and earnings growth Earnings have declined by 2.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.13 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.13 in 3Q 2024). Revenue: CN¥60.1m (down 11% from 3Q 2024). Net income: CN¥767.7k (down 92% from 3Q 2024). Profit margin: 1.3% (down from 14% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Sep 30
Changzhou Zhongying Science & Technology Co., Ltd to Report Q3, 2025 Results on Oct 28, 2025 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 344% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Announcement • Jul 02
Changzhou Zhongying Science & Technology Co., Ltd to Report First Half, 2025 Results on Aug 29, 2025 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • May 17
Dividend reduced to CN¥0.10 Dividend of CN¥0.10 is 86% lower than last year. Ex-date: 23rd May 2025 Payment date: 23rd May 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 65% to shift the payout ratio to a potentially unsustainable range, which is more than the 15% EPS decline seen over the last 5 years. Announcement • Apr 22
Changzhou Zhongying Science & Technology Co., Ltd Proposes Final Cash Dividend for 2024 Changzhou Zhongying Science & Technology Co. Ltd. proposed final cash dividend of CNY 1.00000000 per 10 shares (tax included) for 2024. Reported Earnings • Apr 21
Full year 2024 earnings released: EPS: CN¥0.42 (vs CN¥1.94 in FY 2023) Full year 2024 results: EPS: CN¥0.42 (down from CN¥1.94 in FY 2023). Revenue: CN¥275.4m (down 1.0% from FY 2023). Net income: CN¥31.6m (down 78% from FY 2023). Profit margin: 12% (down from 53% in FY 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Apr 21
Changzhou Zhongying Science & Technology Co., Ltd, Annual General Meeting, May 13, 2025 Changzhou Zhongying Science & Technology Co., Ltd, Annual General Meeting, May 13, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China 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¥31.97, the stock trades at a trailing P/E ratio of 62.8x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 20% over the past three years. Announcement • Mar 31
Changzhou Zhongying Science & Technology Co., Ltd to Report Q1, 2025 Results on Apr 29, 2025 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Mar 13
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 8.6% 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. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 137% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Announcement • Dec 31
Changzhou Zhongying Science & Technology Co., Ltd to Report Fiscal Year 2024 Results on Apr 21, 2025 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report fiscal year 2024 results on Apr 21, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥1.58 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.13 (down from CN¥1.58 in 3Q 2023). Revenue: CN¥67.8m (up 6.6% from 3Q 2023). Net income: CN¥9.72m (down 92% from 3Q 2023). Profit margin: 14% (down from 187% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥47.08, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 22% over the past three years. Announcement • Sep 30
Changzhou Zhongying Science & Technology Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥42.03, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 4.1% over the past three years. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.13 in 2Q 2023). Revenue: CN¥75.7m (up 11% from 2Q 2023). Net income: CN¥10.3m (up 6.0% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Changzhou Zhongying Science & Technology Co., Ltd to Report First Half, 2024 Results on Aug 28, 2024 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report first half, 2024 results on Aug 28, 2024 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥43.54, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 2.3% over the past three years. Announcement • May 25
Changzhou Zhongying Science & Technology Co., Ltd Announces 2023 Final Profit Distribution, Payable on 31 May 2024 Changzhou Zhongying Science & Technology Co. Ltd. announced 2023 final profit distribution plan to be implemented (A shares): CNY 7.00000000 for 10 shares. The record date is on 30 May 2024 and the ex-date: 31 May 2024. The payment date is on 31 May 2024. Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: CN¥1.94 (vs CN¥0.46 in FY 2022) Full year 2023 results: EPS: CN¥1.94 (up from CN¥0.46 in FY 2022). Revenue: CN¥278.0m (up 12% from FY 2022). Net income: CN¥146.0m (up 324% from FY 2022). Profit margin: 53% (up from 14% in FY 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Apr 23
Changzhou Zhongying Science & Technology Co., Ltd, Annual General Meeting, May 16, 2024 Changzhou Zhongying Science & Technology Co., Ltd, Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China New Risk • Apr 17
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 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (29% accrual ratio). Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥28.55, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 45% over the past three years. Announcement • Mar 30
Changzhou Zhongying Science & Technology Co., Ltd to Report Q1, 2024 Results on Apr 25, 2024 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report Q1, 2024 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥39.66, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥29.81, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 45% over the past three years. Announcement • Dec 29
Changzhou Zhongying Science & Technology Co., Ltd to Report Fiscal Year 2023 Results on Apr 23, 2024 Changzhou Zhongying Science & Technology Co., Ltd announced that they will report fiscal year 2023 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥44.13, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 41x in the Electronic industry in China. Total returns to shareholders of 77% over the past year. New Risk • Oct 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% 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 Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). High level of non-cash earnings (29% accrual ratio). Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥1.58 (vs CN¥0.15 in 3Q 2022) Third quarter 2023 results: EPS: CN¥1.58 (up from CN¥0.15 in 3Q 2022). Revenue: CN¥63.6m (up 3.5% from 3Q 2022). Net income: CN¥119.0m (up CN¥108.0m from 3Q 2022). Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.11 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥68.5m (flat on 2Q 2022). Net income: CN¥9.72m (up 14% from 2Q 2022). Profit margin: 14% (up from 13% in 2Q 2022). Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥36.26, the stock trades at a trailing P/E ratio of 79.8x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 27% over the past year. Reported Earnings • Apr 23
Full year 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.70 in FY 2021) Full year 2022 results: EPS: CN¥0.46 (down from CN¥0.70 in FY 2021). Revenue: CN¥248.0m (up 14% from FY 2021). Net income: CN¥34.4m (down 33% from FY 2021). Profit margin: 14% (down from 24% in FY 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to CN¥37.20, the stock trades at a trailing P/E ratio of 67.5x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 5.0% over the past year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.20 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.15 (down from CN¥0.20 in 3Q 2021). Revenue: CN¥61.4m (up 5.6% from 3Q 2021). Net income: CN¥11.0m (down 28% from 3Q 2021). Profit margin: 18% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.17 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.17 in 2Q 2021). Revenue: CN¥68.2m (up 43% from 2Q 2021). Net income: CN¥8.51m (down 33% from 2Q 2021). Profit margin: 13% (down from 27% in 2Q 2021). The decrease in margin was driven by higher expenses. Announcement • May 13
Changzhou Zhongying Science & Technology Co., Ltd Approves Cash Dividend for the Year 2021 Changzhou Zhongying Science & Technology Co. Ltd. announced that at the AGM was held on 10 May 2022, the company approved the cash dividend (tax included) of CNY 4.00000000 per ten shares for 2021. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥29.50, the stock trades at a trailing P/E ratio of 44.4x. Average trailing P/E is 29x in the Electronic industry in China. Total loss to shareholders of 34% over the past year. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.097 (vs CN¥0.13 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.097 (down from CN¥0.13 in 1Q 2021). Revenue: CN¥39.8m (down 13% from 1Q 2021). Net income: CN¥7.28m (down 20% from 1Q 2021). Profit margin: 18% (down from 20% in 1Q 2021). The decrease in margin was driven by lower revenue. Announcement • Apr 20
Changzhou Zhongying Science & Technology Co., Ltd Proposes Cash Dividend for 2021 Changzhou Zhongying Science & Technology Co. Ltd. proposed cash dividend (tax included) of CNY 4.00000000 per ten shares for 2021. Reported Earnings • Apr 19
Full year 2021 earnings released: EPS: CN¥0.70 (vs CN¥1.02 in FY 2020) Full year 2021 results: EPS: CN¥0.70 (down from CN¥1.02 in FY 2020). Revenue: CN¥217.6m (up 3.4% from FY 2020). Net income: CN¥51.7m (down 11% from FY 2020). Profit margin: 24% (down from 28% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.31 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥58.2m (down 6.2% from 3Q 2020). Net income: CN¥15.2m (down 13% from 3Q 2020). Profit margin: 26% (down from 28% in 3Q 2020). The decrease in margin was driven by lower revenue. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.31 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥47.8m (down 23% from 2Q 2020). Net income: CN¥12.8m (down 27% from 2Q 2020). Profit margin: 27% (down from 28% in 2Q 2020). The decrease in margin was driven by lower revenue. Announcement • May 21
Changzhou Zhongying Science & Technology Co., Ltd Announces 2020 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 26 May 2021 Changzhou Zhongying Science & Technology Co. Ltd. announced 2020 final profit distribution plan to be implemented (A shares) of CNY 5.00000000 per 10 shares (tax included), with Record date: 25 May 2021; Ex-date: 26 May 2021; and Payment date: 26 May 2021. Announcement • May 08
Changzhou Zhongying Science & Technology Co., Ltd. Approves Final Dividend for 2020 Changzhou Zhongying Science & Technology Co. Ltd. at its AGM held on May 6, 2021 the profit distribution for 2020 as cash dividend/10 shares (tax included) of CNY 5.00000000. Valuation Update With 7 Day Price Move • May 03
Investor sentiment deteriorated over the past week After last week's 22% share price decline to CN¥42.87, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 34x in the Electronic industry in China. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥1.02 (vs CN¥0.85 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥210.4m (up 19% from FY 2019). Net income: CN¥57.8m (up 21% from FY 2019). Profit margin: 28% (in line with FY 2019). Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥46.80, the stock is trading at a trailing P/E ratio of 65.7x, down from the previous P/E ratio of 78.4x. This compares to an average P/E of 37x in the Electronic industry in China.