New Risk • May 21
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 45% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.28 (vs CN¥0.36 loss in FY 2024) Full year 2025 results: EPS: CN¥0.28 (up from CN¥0.36 loss in FY 2024). Revenue: CN¥5.87b (up 23% from FY 2024). Net income: CN¥65.3m (up CN¥149.5m from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 143 percentage points per year, which is a significant difference in performance. Announcement • Apr 28
Hubei Zhongyi Technology Inc., Annual General Meeting, May 20, 2026 Hubei Zhongyi Technology Inc., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiaogan, Hubei China Announcement • Mar 31
Hubei Zhongyi Technology Inc. to Report Q1, 2026 Results on Apr 28, 2026 Hubei Zhongyi Technology Inc. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Hubei Zhongyi Technology Inc. to Report Fiscal Year 2025 Results on Apr 28, 2026 Hubei Zhongyi Technology Inc. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 27
Third quarter 2025 earnings released: EPS: CN¥0.089 (vs CN¥0.072 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.089 (up from CN¥0.072 loss in 3Q 2024). Revenue: CN¥1.52b (up 17% from 3Q 2024). Net income: CN¥23.4m (up CN¥39.5m from 3Q 2024). Profit margin: 1.5% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Hubei Zhongyi Technology Inc. to Report Q3, 2025 Results on Oct 27, 2025 Hubei Zhongyi Technology Inc. announced that they will report Q3, 2025 results on Oct 27, 2025 Announcement • Jul 02
Hubei Zhongyi Technology Inc. to Report First Half, 2025 Results on Aug 29, 2025 Hubei Zhongyi Technology Inc. announced that they will report first half, 2025 results on Aug 29, 2025 Board Change • Jul 01
High number of new directors Non-Independent Director Litao Cai was the last director to join the board, commencing their role in 2025. New Risk • Jun 20
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 44% 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 • Jun 06
Hubei Zhongyi Technology Inc. Elects Cai Litao as Non-Independent Director Hubei Zhongyi Technology Inc. held its 2nd Extraordinary General Meeting of 2025 on 03 June 2025, approved the Election and nomination of non-independent directors: Cai Litao, non-independent director. Announcement • Apr 24
Hubei Zhongyi Technology Inc., Annual General Meeting, May 15, 2025 Hubei Zhongyi Technology Inc., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiaogan, Hubei China Announcement • Mar 31
Hubei Zhongyi Technology Inc. to Report Q1, 2025 Results on Apr 24, 2025 Hubei Zhongyi Technology Inc. announced that they will report Q1, 2025 results on Apr 24, 2025 Announcement • Dec 31
Hubei Zhongyi Technology Inc. to Report Fiscal Year 2024 Results on Apr 24, 2025 Hubei Zhongyi Technology Inc. announced that they will report fiscal year 2024 results on Apr 24, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.093 loss per share (vs CN¥0.048 loss in 3Q 2023) Third quarter 2024 results: CN¥0.093 loss per share (further deteriorated from CN¥0.048 loss in 3Q 2023). Revenue: CN¥1.30b (up 42% from 3Q 2023). Net loss: CN¥16.1m (loss widened 81% from 3Q 2023). Announcement • Sep 30
Hubei Zhongyi Technology Inc. to Report Q3, 2024 Results on Oct 30, 2024 Hubei Zhongyi Technology Inc. announced that they will report Q3, 2024 results on Oct 30, 2024 Price Target Changed • Jul 16
Price target decreased by 30% to CN¥35.71 Down from CN¥51.10, the current price target is provided by 1 analyst. New target price is 86% above last closing price of CN¥19.21. Stock is down 42% over the past year. The company is forecast to post earnings per share of CN¥1.48 for next year compared to CN¥0.29 last year. Announcement • Jun 29
Hubei Zhongyi Technology Inc. to Report First Half, 2024 Results on Aug 30, 2024 Hubei Zhongyi Technology Inc. announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • Apr 24
New major risk - Revenue and earnings growth Earnings have declined by 3.7% 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 3.7% per year over the past 5 years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥26.22, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 47% over the past year. New Risk • Apr 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 1,017% 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: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Reported Earnings • Apr 09
Full year 2023 earnings released: EPS: CN¥0.41 (vs CN¥3.43 in FY 2022) Full year 2023 results: EPS: CN¥0.41 (down from CN¥3.43 in FY 2022). Revenue: CN¥3.42b (up 18% from FY 2022). Net income: CN¥53.1m (down 87% from FY 2022). Profit margin: 1.6% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. New Risk • Apr 08
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). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin). Announcement • Mar 30
Hubei Zhongyi Technology Inc. to Report Q1, 2024 Results on Apr 24, 2024 Hubei Zhongyi Technology Inc. announced that they will report Q1, 2024 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥31.33, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 37% over the past year. New Risk • Feb 20
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 8.9% 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 Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.0% net profit margin). Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥26.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 50% over the past year. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥22.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 58% over the past year. Announcement • Dec 30
Hubei Zhongyi Technology Inc. to Report Fiscal Year 2023 Results on Apr 29, 2024 Hubei Zhongyi Technology Inc. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.067 loss per share (vs CN¥0.63 profit in 3Q 2022) Third quarter 2023 results: CN¥0.067 loss per share (down from CN¥0.63 profit in 3Q 2022). Revenue: CN¥915.3m (up 32% from 3Q 2022). Net loss: CN¥8.90m (down 111% from profit in 3Q 2022). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Electronic industry in China. Announcement • Sep 30
Hubei Zhongyi Technology Inc. to Report Q3, 2023 Results on Oct 30, 2023 Hubei Zhongyi Technology Inc. announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.084 loss per share (vs CN¥0.97 profit in 2Q 2022) Second quarter 2023 results: CN¥0.084 loss per share (down from CN¥0.97 profit in 2Q 2022). Revenue: CN¥811.6m (up 15% from 2Q 2022). Net loss: CN¥10.8m (down 109% from profit in 2Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Announcement • Jun 21
Hubei Zhongyi Technology Inc. Implements Cash Dividend for 2022, Payable on 27 June 2023 Hubei Zhongyi Technology Inc. implemented cash dividend of CNY 13.00000000 per 10 shares (tax included) for 2022, Record date: 26 June 2023, Ex-date: 27 June 2023 and Payment date: 27 June 2023. Announcement • May 18
Hubei Zhongyi Science Technology Co., Ltd. Approves Cash Dividend for 2022 Hubei Zhongyi Science Technology Co., Ltd. announced that at the Annual General Meeting of 2022 held on 16 May 2023 approved Cash dividend/10 shares (tax included) of CNY 13.00000000 for 2022. Announcement • May 17
Hubei Zhongyi Science Technology Co., Ltd. (SZSE:301150) announces an Equity Buyback for CNY 300 million worth of its shares. Hubei Zhongyi Science Technology Co., Ltd. (SZSE:301150) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its shares. The shares will be purchased at a price not exceeding CNY 90 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive plan. If the company fails to implement the above-mentioned purposes within the time limit stipulated by relevant laws and regulations, the un transferred part of the shares will be cancelled. The program will be funded from company's own funds. The program will be valid for 12 months. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.44 (vs CN¥1.40 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.44 (down from CN¥1.40 in 1Q 2022). Revenue: CN¥745.8m (up 6.7% from 1Q 2022). Net income: CN¥44.7m (down 58% from 1Q 2022). Profit margin: 6.0% (down from 15% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. 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. 11 experienced directors. No highly experienced directors. 3 independent directors (6 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 25
Third quarter 2022 earnings released: EPS: CN¥0.82 (vs CN¥1.26 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.82 (down from CN¥1.26 in 3Q 2021). Revenue: CN¥693.7m (up 12% from 3Q 2021). Net income: CN¥83.2m (down 13% from 3Q 2021). Profit margin: 12% (down from 15% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥85.93, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 37x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥101, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 38x in the Electronic industry in China. Reported Earnings • Jul 30
Second quarter 2022 earnings released: EPS: CN¥1.26 (vs CN¥1.41 in 2Q 2021) Second quarter 2022 results: EPS: CN¥1.26. Revenue: CN¥708.2m (up 35% from 2Q 2021). Net income: CN¥116.7m (up 8.9% from 2Q 2021). Profit margin: 17% (down from 20% in 2Q 2021). The decrease in margin was driven by higher expenses. Announcement • Jul 06
Hubei Zhongyi Science Technology Co., Ltd. Approves Management Elections Hubei Zhongyi Science Technology Co., Ltd. at its EGM held on July 4, 2022 approved election of Wang Xiaoxia, Tu Bigen, Cheng Shiguo, Yin Xinheng, Yin Tao and Cao Hongfeng as non-independent directors, Su Ling, Wang Rongjin and Luo Jiao as independent directors and Wang Pulong and Chen Yanwu as non-employee supervisors. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥95.95, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 34x in the Electronic industry in China. Announcement • Jun 03
Hubei Zhongyi Science Technology Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date: 10 June 2022 Hubei Zhongyi Science Technology Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares): 1. Cash dividend/10 shares (tax included): CNY 20.00000000, 2. Bonus issue from profit (share/10 shares): none 3. Bonus issue from capital reserve (share/10 shares): 5.000000. Record date: 09 June 2022, Ex-date: 10 June 2022, Payment date: 10 June 2022. Listing date of the bonus issues: 10 June 2022. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY2.00000000(10% x CNY20.00000000) Net cash dividend/10 shares after tax: CNY18.00000000(CNY20.00000000- CNY2.00000000). Announcement • Jun 02
Hubei Zhongyi Science Technology Co., Ltd. Approves Cash Dividend for the Year 2021 Hubei Zhongyi Science Technology Co., Ltd. held its Annual General Meeting of 2021 on May 30, 2022, approved Cash dividend of CNY 20.00000000 per 10 shares (tax included) for the year 2021. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥118, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 33x in the Electronic industry in China.