Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥18.99, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 37x in the Electronic industry in China. Total returns to shareholders of 82% over the past three years. Announcement • Jun 30
DongGuan YuTong Optical Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 28, 2026 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥28.20, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 45x in the Electronic industry in China. Total returns to shareholders of 171% over the past three years. Announcement • May 30
DongGuan YuTong Optical Technology Co.,Ltd. Announces 2025 Final Profit Distribution Plan to Be Implemented on A Shares, Payable on June 2, 2026 DongGuan YuTong Optical Technology Co.,Ltd. announced the 2025 final profit distribution plan to be implemented (A shares): Cash dividend per ten shares (tax included): CNY 1.00000000. Record date: 01 June 2026. Ex-date: 02 June 2026. Payment date: 02 June 2026. Board Change • May 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Wenbin Gu was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 28
DongGuan YuTong Optical Technology Co.,Ltd., Annual General Meeting, May 20, 2026 DongGuan YuTong Optical Technology Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China Announcement • Mar 31
DongGuan YuTong Optical Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 28, 2026 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
DongGuan YuTong Optical Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Announcement • Sep 30
DongGuan YuTong Optical Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Aug 30
Dongguan Yutong Optical Technology Co.,Ltd. Proposes Interim Cash Dividend for 2025 DongGuan YuTong Optical Technology Co.,Ltd. at 2nd Extraordinary General Meeting of 2025 to be held on 15 September 2025 proposed 2025 interim profit distribution plan of Cash dividend/10 shares (tax included): CNY0.50000000. Announcement • Jul 02
DongGuan YuTong Optical Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Apr 29
DongGuan YuTong Optical Technology Co.,Ltd., Annual General Meeting, May 20, 2025 DongGuan YuTong Optical Technology Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Announcement • Apr 19
DongGuan YuTong Optical Technology Co.,Ltd. announced that it expects to receive CNY 1 billion in funding DongGuan YuTong Optical Technology Co.,Ltd. announced a private placement of 68,000,000 A shares for the gross proceeds of CNY 1,000,000,000 on April 17, 2025. The shares will be issued at a price of not lower than 80% of the average price of the company’s shares in the 20 trading days before the pricing benchmark date. The shares will have a lockup period of 6 months. The transaction will include participation from not more than 35 investors. The transaction has been approved by the shareholders of the company in the company’s 4th meeting of the 4th board of directors. The transaction is subjected to approval from the Shenzhen Stock Exchange, and the consent for registration by the China Securities Regulatory Commission.
On April 18, 2025, the company announced that it will hold its 1st Extraordinary General Meeting of 2025 on May 6, 2025. Announcement • Mar 31
DongGuan YuTong Optical Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
DongGuan YuTong Optical Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.045 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.045 in 3Q 2023). Revenue: CN¥744.8m (up 33% from 3Q 2023). Net income: CN¥48.8m (up 235% from 3Q 2023). Profit margin: 6.5% (up from 2.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. New Risk • Sep 30
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 7.1% 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 (2.7x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Announcement • Sep 30
DongGuan YuTong Optical Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.08, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Electronic industry in China. Negligible returns to shareholders over past year. New Risk • Sep 20
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Jun 29
DongGuan YuTong Optical Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • May 17
DongGuan YuTong Optical Technology Co.,Ltd. (SZSE:300790) announces an Equity Buyback for CNY 18 million worth of its shares. DongGuan YuTong Optical Technology Co.,Ltd. (SZSE:300790) announces a share repurchase program. Under the program, the company will repurchase up to CNY 18 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 20 per share. The repurchased shares will be used for equity stock ownership plan or equity incentive plan. The program will be funded from company's own funds. The program will be valid for 3 months. Announcement • Apr 27
Dongguan Yutong Optical Technology Co.,Ltd. Proposes Final Cash Dividend for the Year 2023 On April 25, 2024, DongGuan YuTong Optical Technology Co.,Ltd. proposed final Cash dividend of CNY 1.00000000 per ten shares (tax included) for the year 2023. Announcement • Apr 26
DongGuan YuTong Optical Technology Co.,Ltd., Annual General Meeting, May 16, 2024 DongGuan YuTong Optical Technology Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China New Risk • Apr 25
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: 1.4% Last year net profit margin: 7.8% 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 (2.7x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Announcement • Mar 30
DongGuan YuTong Optical Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Feb 07
DongGuan YuTong Optical Technology Co.,Ltd. (SZSE:300790) announces an Equity Buyback for CNY 60 million worth of its shares. DongGuan YuTong Optical Technology Co.,Ltd. (SZSE:300790) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 10 per share. The purpose of the program is to maintain company value and shareholder rights. The program will be valid for 3 months. New Risk • Feb 05
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 8.4% 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 Interest payments are not well covered by earnings (1.6x net interest cover). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥10.85, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 18x in the Electronic industry in China. Total loss to shareholders of 39% over the past three years. Announcement • Dec 29
DongGuan YuTong Optical Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥18.72, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥15.79, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 34% over the past three years. New Risk • Oct 29
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.045 (vs CN¥0.039 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.045 (up from CN¥0.039 in 3Q 2022). Revenue: CN¥559.5m (up 28% from 3Q 2022). Net income: CN¥14.5m (up 17% from 3Q 2022). Profit margin: 2.6% (down from 2.8% in 3Q 2022). Revenue is forecast to grow 11% 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 17% per year whereas the company’s share price has fallen by 14% per year. Announcement • Sep 30
DongGuan YuTong Optical Technology Co.,Ltd. to Report Q3, 2023 Results on Oct 26, 2023 DongGuan YuTong Optical Technology Co.,Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Announcement • Sep 23
DongGuan YuTong Optical Technology Co.,Ltd. (SZSE:300790) announces an Equity Buyback for CNY 100 million worth of its shares. DongGuan YuTong Optical Technology Co.,Ltd. (SZSE:300790) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 21 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for 12 months. New Risk • Sep 10
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin). Reported Earnings • Apr 21
Full year 2022 earnings released: EPS: CN¥0.44 (vs CN¥0.77 in FY 2021) Full year 2022 results: EPS: CN¥0.44 (down from CN¥0.77 in FY 2021). Revenue: CN¥1.85b (down 11% from FY 2021). Net income: CN¥144.2m (down 41% from FY 2021). Profit margin: 7.8% (down from 12% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% 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 increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Mar 14
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Chairman Pinguang Zhang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 
