Declared Dividend • May 25
Dividend of CN¥0.60 announced Shareholders will receive a dividend of CN¥0.60. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 4.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (152% 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 increased by an average of 13% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 69% to bring the payout ratio under control. EPS is expected to grow by 98% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Apr 20
Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 19, 2026 Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen KTC Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Shenzhen KTC Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 31
Shenzhen KTC Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 20, 2026 Shenzhen KTC Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 20, 2026 Announcement • Sep 30
Shenzhen KTC Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shenzhen KTC Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Shenzhen KTC Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Shenzhen KTC Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • May 22
Shenzhen Ktc Technology Co., Ltd. Approves Final Cash Dividend for 2024 Shenzhen KTC Technology Co., Ltd. in its Annual General Meeting of 2024 on 20 May 2025 approved Cash dividend/10 shares (tax included): CNY 1.80000000 for the year 2024. Announcement • Apr 29
Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 20, 2025 Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 15:00 China Standard Time. Announcement • Apr 01
Shenzhen KTC Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Shenzhen KTC Technology Co., Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 1.8 for the year 2024. Announcement • Mar 31
Shenzhen KTC Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen KTC Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Shenzhen KTC Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025 Shenzhen KTC Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.54 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.21 (down from CN¥0.54 in 3Q 2023). Revenue: CN¥4.79b (up 13% from 3Q 2023). Net income: CN¥149.3m (down 60% from 3Q 2023). Profit margin: 3.1% (down from 8.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Buy Or Sell Opportunity • Oct 30
Now 20% undervalued Over the last 90 days, the stock has risen 1.9% to CN¥20.69. The fair value is estimated to be CN¥25.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last year. Earnings per share has declined by 17%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Buy Or Sell Opportunity • Oct 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.9% to CN¥20.65. The fair value is estimated to be CN¥26.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last year. Earnings per share has declined by 17%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. 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¥22.22, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 8.6% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.35 per share. Announcement • Sep 30
Shenzhen KTC Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Shenzhen KTC Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Announcement • Jun 29
Shenzhen KTC Technology Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Shenzhen KTC Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 New Risk • May 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 31% 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 Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (8.6% net profit margin). Announcement • May 23
Shenzhen KTC Technology Co., Ltd. Implements Final Cash Dividend (A Shares) for the Year 2023, Payable on 27 May 2024 Shenzhen KTC Technology Co., Ltd. implemented final cash dividend (A Shares) of CNY 6.00000000 per ten shares for the year 2023, Record date of 24 May 2024; Ex-date of 27 May 2024 and Payment date of 27 May 2024. Announcement • Apr 10
Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 07, 2024 Shenzhen KTC Technology Co., Ltd., Annual General Meeting, May 07, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Announcement • Mar 30
Shenzhen KTC Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Shenzhen KTC Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Jan 10
KTC Technology to Showcase Cutting-Edge Smart Displays At CES 2024 Amidst the vibrant innovation hub of CES 2024, KTC Technology (KTC) stands ready to redefine display technology. Join KTC at Booth 22840 for an exclusive glimpse into latest cutting-edge smart displays. KTC's Legacy at CES and What's New for 2024: Building on KTC prior success at CES showcases, where KTC garnered acclaim for their fiercely competitive OLED and MiniLED gaming monitors, this year promises a new wave of technological marvels. At CES 2024, KTC proudly presents a lineup of cutting-edge displays, including high-end flagship OLED monitors: G48P5S (48'' 4K 138Hz OLED gaming monitor), G39S5 (39'' 3440*1440p 240Hz 800R curved OLED gaming monitor), and the H32S17(32'' 2K 165Hz 1500R curved gaming monitor) known for exceptional value.Also introducing the A32Q8, a 32-inch smart monitor like a TV for its desk, expanding innovative offerings. Adding to the spectacle, KTC introduces the H90 projector, boasting Netflix compatibility, along with the much-anticipated flagship display, the Go-to Smart Screen A32Q7 PRO (32'' Mobile Smart Display). KTC extends a warm invitation to industry professionals, media representatives, potential partners, gamers, and consumers alike to witness the future of smart displays at CES 2024. Visit KTC booth [22840] to explore the next generation of gaming and office monitors. Announcement • Dec 30
Shenzhen KTC Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 10, 2024 Shenzhen KTC Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 10, 2024 Announcement • Sep 30
Shenzhen KTC Technology Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Shenzhen KTC Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Announcement • Jul 01
Shenzhen KTC Technology Co., Ltd. to Report First Half, 2023 Results on Aug 07, 2023 Shenzhen KTC Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 07, 2023 Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥42.67, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 25x in the Electronic industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.04 per share. Board Change • Dec 13
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Non-Employee Supervisor Mou Zheng is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 
