Declared Dividend • Jul 06
Dividend reduced to CN¥0.10 Dividend of CN¥0.10 is 33% lower than last year. Ex-date: 10th July 2026 Payment date: 10th July 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Announcement • Jun 30
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 New Risk • Jun 12
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 11% 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 (11% average weekly change). Earnings have declined by 25% per year over the past 5 years. Board Change • May 20
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. Independent Director Rongwu Zhang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 20
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd., Annual General Meeting, May 21, 2026 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd., Annual General Meeting, May 21, 2026, at 15:00 China Standard Time. Location: Building 1, No. 18, Fenghua Road, Zhaoqing, Guangdong China Announcement • Mar 31
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Announcement • Sep 30
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Announcement • Apr 16
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. Proposes Dividend for 2024 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. proposed Cash dividend/10 shares (tax included): CNY1.50000000 for 2024. Announcement • Mar 31
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025 Announcement • Dec 28
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. Approves Management Elections Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. at its Extraordinary General Meeting held on 26 December 2024 approved the election of Yang Xiaoping and Yang Wenyi as non-independent director. The company approved the election of He Weijin as non-employee supervisor. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.022 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.05 (up from CN¥0.022 in 3Q 2023). Revenue: CN¥1.18b (up 1.5% from 3Q 2023). Net income: CN¥58.3m (up 121% from 3Q 2023). Profit margin: 4.9% (up from 2.3% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 20% 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 57 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥15.80, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 42% over the past three years. Announcement • Sep 30
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.028 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.028 in 2Q 2023). Revenue: CN¥1.33b (up 17% from 2Q 2023). Net income: CN¥134.3m (up 402% from 2Q 2023). Profit margin: 10% (up from 2.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% 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 46 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Announcement • Apr 16
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd., Annual General Meeting, May 16, 2024 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: Building 1, No. 18, Fenghua Road, Zhaoqing, Guangdong China Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.31 in FY 2022) Full year 2023 results: EPS: CN¥0.15 (down from CN¥0.31 in FY 2022). Revenue: CN¥4.22b (up 9.0% from FY 2022). Net income: CN¥173.5m (down 47% from FY 2022). Profit margin: 4.1% (down from 8.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% 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, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Feb 08
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. Approves Board Elections Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. at its Extraordinary General Meeting held on 06 February 2024 approved the election of Li Cheng and Wang Haitao as non-independent director. The company approved the election of Huang Nachuan as independent director. Announcement • Dec 30
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 Board Change • Dec 12
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Fengcai Hu was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 02
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. Announces Board Appointments Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. held its 1st Extraordinary General Meeting of 2023 on 30 November 2023, approved the appointment of Hu Fengcai and Huang Honggang as non-independent directors. Reported Earnings • Oct 21
Third quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.049 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.022 (up from CN¥0.049 loss in 3Q 2022). Revenue: CN¥1.16b (up 45% from 3Q 2022). Net income: CN¥26.4m (up CN¥81.7m from 3Q 2022). Profit margin: 2.3% (up from net loss in 3Q 2022). Revenue is forecast to grow 19% 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 29% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.028 (vs CN¥0.17 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.028 (down from CN¥0.17 in 2Q 2022). Revenue: CN¥1.14b (up 12% from 2Q 2022). Net income: CN¥26.8m (down 86% from 2Q 2022). Profit margin: 2.3% (down from 19% in 2Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Announcement • Jun 15
Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. Announces Final Dividend on Share A for 2022, Payable on June 21, 2023 Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. announced final Cash dividend/10 shares (tax included): CNY 1.00000000 on share A for 2022. Record date: 20 June 2023, Ex-date: 21 June 2023, Payment date: 21 June 2023. Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.31 (vs CN¥1.05 in FY 2021) Full year 2022 results: EPS: CN¥0.31 (down from CN¥1.05 in FY 2021). Revenue: CN¥3.87b (down 23% from FY 2021). Net income: CN¥327.0m (down 65% from FY 2021). Profit margin: 8.4% (down from 19% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.049 loss per share (vs CN¥0.42 profit in 3Q 2021) Third quarter 2022 results: CN¥0.049 loss per share (down from CN¥0.42 profit in 3Q 2021). Revenue: CN¥800.7m (down 36% from 3Q 2021). Net loss: CN¥55.3m (down 115% from profit in 3Q 2021). Revenue is forecast to grow 30% 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 increased by 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.35 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.17 (down from CN¥0.35 in 2Q 2021). Revenue: CN¥1.02b (down 33% from 2Q 2021). Net income: CN¥187.8m (down 41% from 2Q 2021). Profit margin: 19% (down from 21% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 51%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.21 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.21 in 1Q 2021). Revenue: CN¥1.10b (down 6.1% from 1Q 2021). Net income: CN¥180.3m (down 3.2% from 1Q 2021). Profit margin: 16% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 76%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Board Change • Apr 27
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Member of Supervisory Board Haiqing Chen is the most experienced director on the board, commencing their role in 2013. Non-Independent Director Chengqiang Cui was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥22.68, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 123% over the past three years. Reported Earnings • Aug 28
Second quarter 2021 earnings released: EPS CN¥0.35 (vs CN¥0.14 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.52b (up 41% from 2Q 2020). Net income: CN¥319.5m (up 146% from 2Q 2020). Profit margin: 21% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥36.62, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 55% over the past three years. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.14 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥1.17b (up 68% from 1Q 2020). Net income: CN¥186.2m (up 49% from 1Q 2020). Profit margin: 16% (down from 18% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS CN¥0.40 (vs CN¥0.38 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥4.33b (up 32% from FY 2019). Net income: CN¥358.7m (up 5.9% from FY 2019). Profit margin: 8.3% (down from 10% in FY 2019). 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 29% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 06
New 90-day low: CN¥28.86 The company is down 3.0% from its price of CN¥29.68 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.38 per share. Is New 90 Day High Low • Nov 24
New 90-day high: CN¥34.39 The company is up 10.0% from its price of CN¥31.21 on 26 August 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 down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.34 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥332.0m, down 31% from the prior year. Total revenue was CN¥3.83b over the last 12 months, up 11% from the prior year. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥26.17 The company is down 23% from its price of CN¥33.80 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.32 per share.