Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥69.66, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 68x in the Electronic industry in China. Total returns to shareholders of 77% over the past three years. Announcement • Jun 30
Wenzhou Yihua Connector Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Wenzhou Yihua Connector Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥96.80, the stock trades at a trailing P/E ratio of 63.8x. Average trailing P/E is 82x in the Electronic industry in China. Total returns to shareholders of 118% over the past three years. Declared Dividend • May 29
Dividend increased to CN¥0.50 Dividend of CN¥0.50 is 400% higher than last year. Ex-date: 1st June 2026 Payment date: 1st June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Announcement • May 29
Wenzhou Yihua Connector Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Share for 2025, Payable on June 1, 2026 Wenzhou Yihua Connector Co., Ltd. announced a final profit distribution plan to be implemented on A share with cash dividend of CNY 5.000 per 10 shares for 2025. The record date is May 29, 2026, and the payment date is June 1, 2026. The ex-date is June 1, 2026. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥80.55, the stock trades at a trailing P/E ratio of 53.1x. Average trailing P/E is 78x in the Electronic industry in China. Total returns to shareholders of 114% over the past three years. New Risk • May 25
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 10% 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Xiaoya Huang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 29
Wenzhou Yihua Connector Co., Ltd., Annual General Meeting, May 21, 2026 Wenzhou Yihua Connector Co., Ltd., Annual General Meeting, May 21, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yueqing, Zhejiang China Announcement • Mar 31
Wenzhou Yihua Connector Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Wenzhou Yihua Connector Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Wenzhou Yihua Connector Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Wenzhou Yihua Connector Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Announcement • Sep 30
Wenzhou Yihua Connector Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Wenzhou Yihua Connector Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 02
Wenzhou Yihua Connector Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Wenzhou Yihua Connector Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Apr 25
Wenzhou Yihua Connector Co., Ltd., Annual General Meeting, May 19, 2025 Wenzhou Yihua Connector Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: 1F, No. 2, Huaxing Road, Yihua Science and Technology Park, Wengyang Industrial Zone, Yueqing, Zhejiang China Announcement • Mar 31
Wenzhou Yihua Connector Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Wenzhou Yihua Connector Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Dec 31
Wenzhou Yihua Connector Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Wenzhou Yihua Connector Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥46.97, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 24% over the past year. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥42.79, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥39.60, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 11% over the past year. Announcement • Sep 30
Wenzhou Yihua Connector Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Wenzhou Yihua Connector Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥40.56, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 8.6% over the past year. Announcement • Jun 29
Wenzhou Yihua Connector Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Wenzhou Yihua Connector Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥36.23, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 23% over the past year. Announcement • Jun 08
Wenzhou Yihua Connector Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on June 14, 2024 Wenzhou Yihua Connector Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares) as cash dividend (tax included) of CNY 1.0000000 per ten shares. The record date is 13 June 2024, ex-date is 14 June 2024, and payment date is 14 June 2024. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥47.11, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 23% over the past year. New Risk • May 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Shareholders have been diluted in the past year (14% increase in shares outstanding). Announcement • Apr 28
Wenzhou Yihua Connector Co., Ltd., Annual General Meeting, May 20, 2024 Wenzhou Yihua Connector Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yueqing, Zhejiang China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual report and its summary; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider Reappointment of 2024 audit firm; to consider Implementing results of 2023 connected transactions and estimation of 2024 continuing connected transactions; to consider 2024 application for comprehensive credit line to banks and other financial institutions; and to consider other business matters. Announcement • Apr 27
Wenzhou Yihua Connector Co., Ltd. Proposes Final Cash Dividend for the Year 2023 Wenzhou Yihua Connector Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 1.00000000 for the year 2023. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥34.68, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 7.7% over the past year. New Risk • Apr 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Shareholders have been diluted in the past year (14% increase in shares outstanding). Announcement • Mar 30
Wenzhou Yihua Connector Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Wenzhou Yihua Connector Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥38.94, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 18% over the past year. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥33.55, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 45% over the past year. Announcement • Dec 29
Wenzhou Yihua Connector Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Wenzhou Yihua Connector Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥39.62, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 22x in the Electronic industry in China. New Risk • Nov 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 38% 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 Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.30 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.20 (down from CN¥0.30 in 3Q 2022). Revenue: CN¥1.31b (down 15% from 3Q 2022). Net income: CN¥34.2m (down 32% from 3Q 2022). Profit margin: 2.6% (down from 3.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Announcement • Sep 30
Wenzhou Yihua Connector Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Wenzhou Yihua Connector Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 New Risk • Sep 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.6% Last year net profit margin: 5.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (2.6% net profit margin). Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥33.79, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Electronic industry in China. Announcement • Jul 06
Wenzhou Yihua Connector Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 12 July 2023 Wenzhou Yihua Connector Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.50000000 for the year 2022, payable on 12 July 2023. Record date is 11 July 2023. Ex-date is 12 July 2023. New Risk • Jun 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 6.8% 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 Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥47.34, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 24x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥58.00, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 20x in the Electronic industry in China. Board Change • Dec 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Jinwei Zheng was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
