Declared Dividend • May 25
Dividend increased to CN¥0.07 Dividend of CN¥0.07 is 17% higher than last year. Ex-date: 29th May 2026 Payment date: 29th May 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (35% 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 increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • May 22
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 8.3% 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. This is currently the only risk that has been identified for the company. 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 Chuankun Lai 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 • Mar 30
Chengdu Xuguang Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Chengdu Xuguang Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Mar 19
Chengdu Xuguang Electronics Co., Ltd., Annual General Meeting, Apr 21, 2026 Chengdu Xuguang Electronics Co., Ltd., Annual General Meeting, Apr 21, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China Announcement • Feb 05
Chengdu Xuguang Electronics Co., Ltd. announced that it expects to receive CNY 1 billion in funding Chengdu Xuguang Electronics Co., Ltd. announced a private placement to issue no more than 248,992,871 shares for gross proceeds of CNY 1,000,000,000 on February 3, 2026. The issue price will not be lower than 80% of the average trading price of the company's shares in the 20 trading days prior to the pricing benchmark date. The transaction includes participation from 35 investors. The shares issued in this offering shall not be transferred within six months from the date of completion of the offering. The transaction has been approved in the 16th meeting of the 11th board of directors. The transaction is subject to shareholders' approval. Shanghai Stock Exchange's approval and China Securities Regulatory Commission's approval. Announcement • Dec 26
Chengdu Xuguang Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Mar 20, 2026 Chengdu Xuguang Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Mar 20, 2026 Announcement • Sep 30
Chengdu Xuguang Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Chengdu Xuguang Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jun 30
Chengdu Xuguang Electronics Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Chengdu Xuguang Electronics Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Mar 28
Chengdu Xuguang Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Chengdu Xuguang Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Mar 17
Chengdu Xuguang Electronics Co., Ltd., Annual General Meeting, Apr 15, 2025 Chengdu Xuguang Electronics Co., Ltd., Annual General Meeting, Apr 15, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China Announcement • Dec 27
Chengdu Xuguang Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 15, 2025 Chengdu Xuguang Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 15, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.029 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.03 (up from CN¥0.029 in 3Q 2023). Revenue: CN¥337.7m (up 13% from 3Q 2023). Net income: CN¥24.6m (up 4.2% from 3Q 2023). Profit margin: 7.3% (down from 7.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% 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 22% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥7.13, the stock trades at a trailing P/E ratio of 59.4x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 97% over the past three years. 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¥6.28, the stock trades at a trailing P/E ratio of 53.1x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 69% over the past three years. Announcement • Sep 30
Chengdu Xuguang Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Chengdu Xuguang Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Announcement • Jun 28
Chengdu Xuguang Electronics Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Chengdu Xuguang Electronics Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 29
Chengdu Xuguang Electronics Co., Ltd., Annual General Meeting, May 20, 2024 Chengdu Xuguang Electronics Co., Ltd., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.13 in FY 2022) Full year 2023 results: EPS: CN¥0.13 (down from CN¥0.13 in FY 2022). Revenue: CN¥1.32b (up 15% from FY 2022). Net income: CN¥92.7m (down 7.4% from FY 2022). Profit margin: 7.0% (down from 8.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% 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 34% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
Chengdu Xuguang Electronics Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Chengdu Xuguang Electronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥6.58, the stock trades at a trailing P/E ratio of 45.8x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 99% over the past three years. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥8.09, the stock trades at a trailing P/E ratio of 54.4x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 152% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥6.53, the stock trades at a trailing P/E ratio of 45.1x. Average forward P/E is 17x in the Electronic industry in China. Total returns to shareholders of 113% over the past three years. New Risk • Jan 25
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 6.2% 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 High level of non-cash earnings (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Announcement • Dec 29
Chengdu Xuguang Electronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024 Chengdu Xuguang Electronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2024 Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥8.35, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 112% over the past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.029 (vs CN¥0.032 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.029 (down from CN¥0.032 in 3Q 2022). Revenue: CN¥299.6m (up 8.4% from 3Q 2022). Net income: CN¥23.6m (down 2.4% from 3Q 2022). Profit margin: 7.9% (down from 8.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥8.67, the stock trades at a trailing P/E ratio of 60.1x. Average trailing P/E is 44x in the Electronic industry in China. Total returns to shareholders of 107% over the past three years. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.074 (vs CN¥0.026 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.074 (up from CN¥0.026 in 2Q 2022). Revenue: CN¥345.1m (up 15% from 2Q 2022). Net income: CN¥32.4m (up 62% from 2Q 2022). Profit margin: 9.4% (up from 6.7% in 2Q 2022). The increase in margin was driven by higher revenue. 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 17% per year, which means it is significantly lagging earnings growth. New Risk • Jul 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 6.4% 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 High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). Announcement • Jun 28
Chengdu Xuguang Electronics Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Chengdu Xuguang Electronics Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥8.14, the stock trades at a trailing P/E ratio of 62.6x. Average trailing P/E is 46x in the Electronic industry in China. Total returns to shareholders of 100% over the past three years. Reported Earnings • Mar 15
Full year 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.11 in FY 2021) Full year 2022 results: EPS: CN¥0.19 (up from CN¥0.11 in FY 2021). Revenue: CN¥1.14b (up 13% from FY 2021). Net income: CN¥100.4m (up 73% from FY 2021). Profit margin: 8.8% (up from 5.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Director Weijing Li was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.044 (vs CN¥0.028 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.044 (up from CN¥0.028 in 3Q 2021). Revenue: CN¥276.5m (up 3.0% from 3Q 2021). Net income: CN¥24.2m (up 8.6% from 3Q 2021). Profit margin: 8.7% (up from 8.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.037 (vs CN¥0.048 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.037. Revenue: CN¥299.8m (up 19% from 2Q 2021). Net income: CN¥20.0m (up 39% from 2Q 2021). Profit margin: 6.7% (up from 5.7% in 2Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.019 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.02 (up from CN¥0.019 in 1Q 2021). Revenue: CN¥229.5m (up 50% from 1Q 2021). Net income: CN¥10.7m (up 5.7% from 1Q 2021). Profit margin: 4.6% (down from 6.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 5 independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.11 (up from CN¥0.099 in FY 2020). Revenue: CN¥1.01b (up 12% from FY 2020). Net income: CN¥58.0m (up 8.2% from FY 2020). Profit margin: 5.8% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.028 (vs CN¥0.04 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥268.4m (up 31% from 3Q 2020). Net income: CN¥22.3m (down 6.3% from 3Q 2020). Profit margin: 8.3% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.048 (vs CN¥0.063 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥252.6m (down 2.3% from 2Q 2020). Net income: CN¥14.4m (down 58% from 2Q 2020). Profit margin: 5.7% (down from 13% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥5.84, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.099 (vs CN¥0.10 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CN¥902.0m (down 25% from FY 2019). Net income: CN¥53.5m (down 4.2% from FY 2019). Profit margin: 5.9% (up from 4.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥4.54 The company is down 16% from its price of CN¥5.40 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥4.82 The company is down 16% from its price of CN¥5.74 on 16 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥5.26 The company is down 6.0% from its price of CN¥5.60 on 30 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 4.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥56.3m, down 11% from the prior year. Total revenue was CN¥970.5m over the last 12 months, down 18% from the prior year. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥5.51 The company is down 6.0% from its price of CN¥5.87 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. Is New 90 Day High Low • Sep 25
New 90-day low: CN¥5.59 The company is down 7.0% from its price of CN¥6.00 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period.