Board Change • Aug 19
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. General Manager of Network Transformer Winding Division & Non-Independent Director Wenwu Fu was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 30
Zhuhai Kles Technologyco.,Ltd to Report First Half, 2026 Results on Aug 27, 2026 Zhuhai Kles Technologyco.,Ltd announced that they will report first half, 2026 results on Aug 27, 2026 Declared Dividend • May 25
Dividend of CN¥0.24 announced Shareholders will receive a dividend of CN¥0.24. Ex-date: 27th May 2026 Payment date: 27th May 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (74% 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 36 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 18% to shift the payout ratio to a potentially unsustainable range, which is less than the 27% EPS decline seen over the last 5 years. Announcement • Apr 24
Zhuhai Kles Technologyco.,Ltd, Annual General Meeting, May 15, 2026 Zhuhai Kles Technologyco.,Ltd, Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: 4F, Building 3, No. 99, Yongnan Road, Qianshan Trade Logistics Park, Xiangzhou District, Zhuhai, Guangdong China Announcement • Mar 31
Zhuhai Kles Technologyco.,Ltd to Report Q1, 2026 Results on Apr 24, 2026 Zhuhai Kles Technologyco.,Ltd announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Dec 31
Zhuhai Kles Technologyco.,Ltd to Report Fiscal Year 2025 Results on Apr 24, 2026 Zhuhai Kles Technologyco.,Ltd announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.081 (vs CN¥0.034 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.081 (up from CN¥0.034 in 3Q 2024). Revenue: CN¥43.8m (down 2.8% from 3Q 2024). Net income: CN¥4.32m (up 116% from 3Q 2024). Profit margin: 9.9% (up from 4.4% in 3Q 2024). Announcement • Sep 30
Zhuhai Kles Technologyco.,Ltd to Report Q3, 2025 Results on Oct 29, 2025 Zhuhai Kles Technologyco.,Ltd announced that they will report Q3, 2025 results on Oct 29, 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 40% 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 Earnings have declined by 43% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.2% net profit margin). Announcement • Jul 02
Zhuhai Kles Technologyco.,Ltd to Report First Half, 2025 Results on Aug 29, 2025 Zhuhai Kles Technologyco.,Ltd announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • May 23
Dividend reduced to CN¥0.20 Dividend of CN¥0.20 is 44% lower than last year. Ex-date: 28th May 2025 Payment date: 28th May 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) and 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 26 years, indicating a lack of growth and stability in payments. Earnings per share declined by 58% over the last 3 years, which if continued should see the payout ratio increase to a potentially unsustainable range. New Risk • Apr 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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 Earnings have declined by 40% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.4% net profit margin). Reported Earnings • Apr 25
Full year 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.67 in FY 2023) Full year 2024 results: EPS: CN¥0.32 (down from CN¥0.67 in FY 2023). Revenue: CN¥169.6m (down 22% from FY 2023). Net income: CN¥17.9m (down 49% from FY 2023). Profit margin: 11% (down from 16% in FY 2023). The decrease in margin was driven by lower revenue. Announcement • Apr 25
Zhuhai Kles Technologyco.,Ltd, Annual General Meeting, May 16, 2025 Zhuhai Kles Technologyco.,Ltd, Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: 4F, Building 3, No. 99, Yongnan Road, Qianshan Trade Logistics Park, Xiangzhou District, Zhuhai, Guangdong China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥28.40, the stock trades at a trailing P/E ratio of 52.3x. Average trailing P/E is 48x in the Electronic industry in China. Total loss to shareholders of 12% over the past year. Announcement • Mar 31
Zhuhai Kles Technologyco.,Ltd to Report Q1, 2025 Results on Apr 25, 2025 Zhuhai Kles Technologyco.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Dec 31
Zhuhai Kles Technologyco.,Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025 Zhuhai Kles Technologyco.,Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.034 (vs CN¥0.098 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.034 (down from CN¥0.098 in 3Q 2023). Revenue: CN¥45.1m (up 9.2% from 3Q 2023). Net income: CN¥2.00m (down 71% from 3Q 2023). Profit margin: 4.4% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Announcement • Sep 30
Zhuhai Kles Technologyco.,Ltd to Report Q3, 2024 Results on Oct 28, 2024 Zhuhai Kles Technologyco.,Ltd announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥36.77, the stock trades at a trailing P/E ratio of 58.4x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 18% over the past year. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.069 (vs CN¥0.10 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.069 (up from CN¥0.10 loss in 2Q 2023). Revenue: CN¥44.2m (up 21% from 2Q 2023). Net income: CN¥3.70m (up CN¥9.22m from 2Q 2023). Profit margin: 8.4% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥34.81, the stock trades at a trailing P/E ratio of 75.2x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 33% over the past year. Announcement • Jun 29
Zhuhai Kles Technology Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024 Zhuhai Kles Technology Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024 Declared Dividend • May 24
Dividend of CN¥0.36 announced Shareholders will receive a dividend of CN¥0.36. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 13% to shift the payout ratio to a potentially unsustainable range, which is less than the 34% EPS decline seen over the last 3 years. Announcement • Apr 25
Zhuhai Kles Technology Co.,Ltd, Annual General Meeting, May 17, 2024 Zhuhai Kles Technology Co.,Ltd, Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Zhuhai, Guangdong China Reported Earnings • Apr 24
Full year 2023 earnings released: EPS: CN¥0.67 (vs CN¥2.49 in FY 2022) Full year 2023 results: EPS: CN¥0.67 (down from CN¥2.49 in FY 2022). Revenue: CN¥218.5m (down 29% from FY 2022). Net income: CN¥35.2m (down 66% from FY 2022). Profit margin: 16% (down from 34% in FY 2022). The decrease in margin was driven by lower revenue. 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¥26.04, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 50% over the past year. New Risk • Apr 15
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: 137% Paying a dividend despite having no free cash flows. Earnings have declined by 3.9% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (21% net profit margin). Announcement • Mar 30
Zhuhai Kles Technology Co.,Ltd to Report Q1, 2024 Results on Apr 24, 2024 Zhuhai Kles Technology Co.,Ltd announced that they will report Q1, 2024 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥29.57, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 34x in the Electronic industry in China. Announcement • Dec 30
Zhuhai Kles Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Zhuhai Kles Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Announcement • Nov 18
Zhuhai Kles Technology Co., Ltd. Announces Management Changes Zhuhai Kles Technology Co., Ltd. at its 1st Extraordinary General Meeting of 2023 on 16 November 2023, approved Election of non-independent directors, cumulative voting system applicable: Yu Zhijiang, Fu Wenwu. Election of independent directors, cumulative voting system applicable: Wang Limin, Li Bing, Yang Zhenxin. Election of non-employee supervisors, cumulative voting system applicable: Chen Xinyu. New Risk • Oct 27
New major risk - Revenue and earnings growth Earnings have declined by 3.9% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 137% Paying a dividend despite having no free cash flows. Earnings have declined by 3.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (21% net profit margin). Announcement • Sep 30
Zhuhai Kles Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Zhuhai Kles Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released Second quarter 2023 results: CN¥0.10 loss per share. Net loss: CN¥5.52m (flat on 2Q 2022). Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥41.22, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 39x in the Electronic industry in China. Announcement • Jul 01
Zhuhai Kles Technology Co., Ltd. to Report First Half, 2023 Results on Aug 25, 2023 Zhuhai Kles Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 Announcement • May 23
Zhuhai Kles Technology Co., Ltd. Implements Final Cash Dividend on A Shares for 2022, Payable on 26 May 2023 Zhuhai Kles Technology Co., Ltd. implemented final cash dividend per 10 shares (tax included) on A Shares of CNY 14.00000 for 2022. Record date is 25 May 2023. Ex-date is 26 May 2023. Payment date is 26 May 2023. Announcement • May 19
Zhuhai Kles Technology Co., Ltd. Approves Dividend for the 2022 Zhuhai Kles Technology Co., Ltd. approves cash dividend of (tax included) CNY 14.00000000 per 10 shares at its Annual General Meeting held on 17 May 2023.