Announcement • Jun 30
TKD Science and Technology Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026 TKD Science and Technology Co.,Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Declared Dividend • Jun 15
Dividend reduced to CN¥0.041 Dividend of CN¥0.041 is 49% lower than last year. Ex-date: 22nd June 2026 Payment date: 22nd June 2026 Dividend yield will be 0.08%, which is lower than the industry average of 1.6%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 70%. Board Change • May 20
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. Chairman of Board of Directors Xindong Yu is the most experienced director on the board, commencing their role in 2005. 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 23
TKD Science and Technology Co.,Ltd., Annual General Meeting, May 15, 2026 TKD Science and Technology Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suizhou, Hubei China Announcement • Mar 30
TKD Science and Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 TKD Science and Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Announcement • Sep 30
TKD Science and Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 TKD Science and Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jun 30
TKD Science and Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 27, 2025 TKD Science and Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Apr 29
TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2025 TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2025, at 13:30 China Standard Time. Announcement • Mar 28
TKD Science and Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 TKD Science and Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Jan 16
TKD Science and Technology Co.,Ltd. (SHSE:603738) acquired the remaining 40% stake in Chongqing Taiqing Electronic Technology Co., Ltd. from Xiao Chenxi for CNY 4.9 million. TKD Science and Technology Co.,Ltd. (SHSE:603738) acquired the remaining 40% stake in Chongqing Taiqing Electronic Technology Co., Ltd. from Xiao Chenxi for CNY 4.9 million on January 14, 2025. The consideration of CNY 4.9 million includes the payment of CNY 0.243 million contingent upon recovery of the receivables by Chongqing Taiqing Electronic Technology Co., Ltd. Upon completion, TKD Science and Technology Co.,Ltd. will own 100% stake in Chongqing Taiqing Electronic Technology Co., Ltd. The transaction will be financed through equity investment of CNY 4.86 million.
As of December 31, 2024, Chongqing Taiqing Electronic Technology Co., Ltd. reported operating income of CNY 14.3 million, net loss of 8.1 million, total assets of CNY 16.24 million and total common equity of CNY 16.22 million.
TKD Science and Technology Co.,Ltd. (SHSE:603738) completed the acquisition of the remaining 40% stake in Chongqing Taiqing Electronic Technology Co., Ltd. from Xiao Chenxi on January 14, 2025. Announcement • Dec 27
TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 New Risk • Nov 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 53% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.07 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.07 (in line with 3Q 2023). Revenue: CN¥224.5m (up 6.8% from 3Q 2023). Net income: CN¥27.0m (down 3.9% from 3Q 2023). Profit margin: 12% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. New Risk • Oct 09
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥14.39, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 7.1% over the past year. Announcement • Sep 30
TKD Science and Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 TKD Science and Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 21
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 39% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.07 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.07 (in line with 2Q 2023). Revenue: CN¥211.0m (flat on 2Q 2023). Net income: CN¥26.9m (down 3.9% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Announcement • Jun 28
TKD Science and Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 TKD Science and Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Apr 29
TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2024 TKD Science and Technology Co.,Ltd., Annual General Meeting, May 20, 2024, at 09:00 China Standard Time. Location: The Company's Meeting Room, Suizhou, Hubei China Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.08 (vs CN¥0.05 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.08 (up from CN¥0.05 in 1Q 2023). Revenue: CN¥182.1m (up 3.8% from 1Q 2023). Net income: CN¥30.5m (up 60% from 1Q 2023). Profit margin: 17% (up from 11% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in China. Announcement • Mar 29
TKD Science and Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 TKD Science and Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥14.20, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Electrical industry in China. Total loss to shareholders of 26% over the past year. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥10.86, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Electrical industry in China. Total loss to shareholders of 38% over the past year. Announcement • Dec 29
TKD Science and Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 TKD Science and Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 New Risk • Nov 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 46% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. 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 (11% net profit margin). Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.11 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.11 in 3Q 2022). Revenue: CN¥210.1m (up 1.2% from 3Q 2022). Net income: CN¥28.1m (down 35% from 3Q 2022). Profit margin: 13% (down from 21% in 3Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥18.63, the stock trades at a trailing P/E ratio of 72.6x. Average trailing P/E is 35x in the Electrical industry in China. Total returns to shareholders of 27% over the past year. New Risk • Sep 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). Announcement • Sep 11
TKD Science and Technology Co.,Ltd. (SHSE:603738) announces an Equity Buyback for CNY 100 million worth of its shares. TKD Science and Technology Co.,Ltd. (SHSE:603738) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price of not more than CNY 22.48 per share. The repurchased share will be used for ESOP or equity incentives. The program is valid for 12 months. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.16 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥210.0m (down 20% from 2Q 2022). Net income: CN¥28.0m (down 55% from 2Q 2022). Profit margin: 13% (down from 24% in 2Q 2022). The decrease in margin was driven by lower revenue. New Risk • Jun 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 7.2% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥17.70, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 38x in the Electrical industry in China. Total loss to shareholders of 1.9% over the past year. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.27 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.27 in 1Q 2022). Revenue: CN¥175.4m (down 33% from 1Q 2022). Net income: CN¥19.1m (down 74% from 1Q 2022). Profit margin: 11% (down from 28% in 1Q 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥22.44, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 35x in the Electrical industry in China. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥28.12, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 38x in the Electrical industry in China. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Ming Yi was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.56 (vs CN¥0.29 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.56. Revenue: CN¥207.5m (down 38% from 3Q 2021). Net income: CN¥43.1m (down 43% from 3Q 2021). Profit margin: 21% (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Electrical industry in China. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.24 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.42 (up from CN¥0.24 in 2Q 2021). Revenue: CN¥263.3m (down 16% from 2Q 2021). Net income: CN¥62.0m (up 8.2% from 2Q 2021). Profit margin: 24% (up from 18% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 75%, compared to a 55% growth forecast for the Electrical industry in China. Board Change • Jun 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 7 highly experienced directors. Independent Director Wei Liu was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.