Announcement • Jul 21
Leoch International Technology Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2026 Leoch International Technology Limited provided consolidated earnings guidance for the six months ended 30 June 2026. For the period, the profit attributable to the owners of the parent for the Period is expected to increase by more than 15%, as compared to the corresponding period ended 30 June 2025, which is mainly due to an increase in the gross profit of power solutions business of the Group during the Period. Announcement • Jul 20
Leoch International Technology Limited to Report First Half, 2026 Results on Aug 31, 2026 Leoch International Technology Limited announced that they will report first half, 2026 results on Aug 31, 2026 Announcement • Apr 03
Leoch International Technology Limited Recommends Not to Pay Final Dividend for the Year of Ended 31 December 2025 Leoch International Technology Limited announced that the Board does not recommend the payment of a final dividend for the year ended 31 December 2025 (2024: HK 7.0 cents per share). Announcement • Apr 01
Leoch International Technology Limited, Annual General Meeting, May 15, 2026 Leoch International Technology Limited, Annual General Meeting, May 15, 2026. Announcement • Mar 17
Leoch International Technology Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 Leoch International Technology Limited announced that they will report fiscal year 2025 results at 4:00 PM, China Standard Time on Mar 31, 2026 Announcement • Jan 09
Leoch International Technology Limited Appoints Wu Kouyue as Executive Director, Effective January 8, 2026 Leoch International Technology Limited announces that Mr. Wu Kouyue has been appointed as an executive director, effective from January 8, 2026. Mr. Wu, aged 56, has been serving as the Group’s chief executive officer since December 13, 2024. Mr. Wu joined the Group in May 2014 and has successively been appointed as the supply chain director, the quality director, the president of sales for China region of the Group and the Group’s chief operating officer. Mr. Wu graduated from Anhui University of Technology with a diploma in Industrial Management Engineering in 1988 and received a diploma in Business Administration from the School of Continuing Education of Sun Yatsen University in 2003. Mr. Wu has around 30 years of experience in production operations and supply chain management. Announcement • Aug 15
Leoch International Technology Limited to Report First Half, 2025 Results on Aug 29, 2025 Leoch International Technology Limited announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Jul 18
Leoch International Technology Limited Announces Earnings Guidance for the Six Months Ended 30 June 2025 Leoch International Technology Limited announced earnings guidance for the six months ended 30 June 2025 . For the period, the company is expected to record a year-on-year increase in revenue of approximately 10% to 20%, the profit attributable to the owners of the parent for the Period is expected to decrease by approximately 60% to 80%, as compared to the corresponding period ended 30 June 2024. This is mainly due to in the second quarter of 2025, the additional import tariffs imposed by the US government on goods from around the world led to a significant increase in the costs of some of the products that the Group had already paid taxes on and delivered. However, the selling price of these affected products is not increased until the end of 2025 due to the marketing strategy of the Group; and due to the impact of the supply chain and construction progress, the production commencement time of the factory in Mexico has been postponed from the second quarter of 2025 to the fourth quarter of 2025. Announcement • May 16
Leoch International Technology Limited Approves Final Dividend for Year Ended 31 December 2024 Leoch International Technology Limited announced annual general meeting held on May 16, 2025 approved final dividend of 7 Hong Kong cents per share for the year ended 31 December 2024. Announcement • Mar 28
Leoch International Technology Limited, Annual General Meeting, May 16, 2025 Leoch International Technology Limited, Annual General Meeting, May 16, 2025. Announcement • Mar 17
Leoch International Technology Limited to Report Fiscal Year 2024 Results on Mar 27, 2025 Leoch International Technology Limited announced that they will report fiscal year 2024 results on Mar 27, 2025 Buy Or Sell Opportunity • Jan 03
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.8% to €0.18. The fair value is estimated to be €0.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 49%. Announcement • Dec 13
Leoch International Technology Limited Announces CEO Changes The board of directors of Leoch International Technology Limited announced that due to internal job re-allocation, with effect from 13 December 2024 Mr. WU Kouyue has been appointed as the chief executive officer of the Company in place of Mr. CHANG Jianwei with effect from 13 December 2024. Mr. WU, aged 54, has been serving as the Group's chief operating officer since 1 January 2023 and responsible for coordinating and managing the daily operations of the Group in the People's Republic of China and overseas. Mr. WU graduated from Anhui University of Technology with a diploma in Industrial Management Engineering in 1988 and received a diploma in Business Administration from the School of Continuing Education of Sun Yat- sen University in 2003. Mr. Wu has nearly 30 years of experience in production operations and supply chain management. Since May 2014, Mr. Wu has joined the Group and has successively been appointed as the supply chain director the quality director and the president of sales for China Region of the Group. Buy Or Sell Opportunity • Oct 29
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.5% to €0.17. The fair value is estimated to be €0.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 49%. Upcoming Dividend • Oct 07
Upcoming dividend of HK$0.04 per share Eligible shareholders must have bought the stock before 14 October 2024. Payment date: 08 November 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.7%). Reported Earnings • Aug 26
First half 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.15 in 1H 2023) First half 2024 results: EPS: CN¥0.18 (up from CN¥0.15 in 1H 2023). Revenue: CN¥7.54b (up 26% from 1H 2023). Net income: CN¥244.8m (up 17% from 1H 2023). Profit margin: 3.2% (down from 3.5% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. New Risk • Aug 25
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). 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 (9.9% average weekly change). Announcement • Aug 14
Leoch International Technology Limited to Report First Half, 2024 Results on Aug 23, 2024 Leoch International Technology Limited announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • May 29
Leoch International Technology Limited Announces Change of Company Secretary The board of directors of Leoch International Technology Limited announced that Mr. Chow Kam Keung, Albert has ceased to be the company secretary of the Company with effect from 28 May 2024 due to retirement.The Board further announced that Ms. Lin Jianan has been appointed as the company secretary of the Company in place of Mr. Chow with effect from 28 May 2024. Ms. Lin, aged 37, joined the Company as the head of office of the board of directors of the Company in September 2023. She obtained a bachelor's degree in engineering from Tianjin Polytechnic University in 2010 and a master's degree in business administration with a major in corporate governance and directorship from Hong Kong Baptist University in 2014. She has around 10 years of experience in corporate governance matters and has held various related positions in public companies listed in Hong Kong. Prior to joining the Group, she was the manager of information disclosure in WEILONG Delicious Global Holdings Ltd., a company listed on the Main Board of the Stock Exchange and the secretary of the president's office of Goldpac Group Limited, a company listed also listed on the Main Board of the Stock Exchange. Ms. Lin is a member of The Hong Kong Chartered Governance Institute (formerly known as The Hong Kong Institute of Chartered Secretaries), a chartered secretary, a chartered governance professional and an environmental, social and governance reporting certification holder. Ms. Lin will be assisted by Mr. Ng Kim Leong, the chief financial officer of the Company. Mr. Ng has obtained a bachelor's degree in accounting with a minor in finance from Curtin University of Technology in 1993 and completed an executive mergers & acquisition leadership course from Wharton University in 2012. He has been a certified member of Certified Practising Accountant Australia since 1999. Prior to joining the Group, Mr. Ng was a director of mergers & acquisition integration in Omya China from May 2019 to February 2024, and he had served in roles of general manager, area business analyst and chief financial officer of different regions and product lines of Schlumberger Limited from August 1998 to March 2019. Mr. Ng is an accomplished senior executive with 30 years of experienced in the areas of finance and management for oil & gas, and mining industries. He was also the treasurer of the Shaanxi Chapter of the Singapore Chamber of Commerce from 2014 to 2019. Upcoming Dividend • May 23
Upcoming dividend of HK$0.07 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 12 July 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 9.9%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.7%). Declared Dividend • Apr 01
Final dividend of HK$0.07 announced Shareholders will receive a dividend of HK$0.07. Ex-date: 30th May 2024 Payment date: 12th July 2024 Dividend yield will be 55%, which is higher than the industry average of 1.8%. Sustainability & Growth The dividend has increased by an average of 25% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 38% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 27
Leoch International Technology Limited, Annual General Meeting, May 16, 2024 Leoch International Technology Limited, Annual General Meeting, May 16, 2024. Reported Earnings • Mar 27
Full year 2023 earnings released: EPS: CN¥0.39 (vs CN¥0.33 in FY 2022) Full year 2023 results: EPS: CN¥0.39 (up from CN¥0.33 in FY 2022). Revenue: CN¥13.5b (up 4.9% from FY 2022). Net income: CN¥535.4m (up 21% from FY 2022). Profit margin: 4.0% (up from 3.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Mar 15
Leoch International Technology Limited to Report Q4, 2023 Final Results on Mar 26, 2024 Leoch International Technology Limited announced that they will report Q4, 2023 final results on Mar 26, 2024 Reported Earnings • Sep 19
First half 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.059 in 1H 2022) First half 2023 results: EPS: CN¥0.15 (up from CN¥0.059 in 1H 2022). Revenue: CN¥6.00b (down 2.7% from 1H 2022). Net income: CN¥209.1m (up 161% from 1H 2022). Profit margin: 3.5% (up from 1.3% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Aug 30
Founder & Chairman recently bought €180k worth of stock On the 25th of August, Li Dong bought around 1m shares on-market at roughly €0.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Li has been a buyer over the last 12 months, purchasing a net total of €848k worth in shares. Upcoming Dividend • Aug 28
Upcoming dividend of HK$0.04 per share at 5.2% yield Eligible shareholders must have bought the stock before 04 September 2023. Payment date: 22 September 2023. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.1%). Announcement • Aug 23
Leoch International Technology Limited Announces Interim (Semi-Annual) Dividend for the Six Months Ended 30 June 2023, Payable on 22 September 2023 Leoch International Technology Limited announced interim (Semi-annual) dividend of HKD 0.04 per share for the six months ended 30 June 2023. Ex-dividend date is 04 September 2023. Record date is 08 September 2023. Payment date is 22 September 2023. Reported Earnings • Aug 23
First half 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.059 in 1H 2022) First half 2023 results: EPS: CN¥0.15 (up from CN¥0.059 in 1H 2022). Revenue: CN¥6.00b (down 2.7% from 1H 2022). Net income: CN¥209.1m (up 161% from 1H 2022). Profit margin: 3.5% (up from 1.3% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year whereas the company’s share price has increased by 72% per year. Announcement • Aug 11
Leoch International Technology Limited to Report First Half, 2023 Results on Aug 22, 2023 Leoch International Technology Limited announced that they will report first half, 2023 results on Aug 22, 2023 Upcoming Dividend • May 29
Upcoming dividend of HK$0.10 per share at 8.3% yield Eligible shareholders must have bought the stock before 05 June 2023. Payment date: 10 July 2023. Trailing yield: 8.3%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.0%). Announcement • May 26
Leoch International Technology Limited Approves Final Dividend for the Year Ended 31 December 2022 Leoch International Technology Limited at its Annual General Meeting held on 25 May 2023 approved final dividend of HKD 0.10 per share for the year ended 31 December 2022. Recent Insider Transactions • Apr 21
Founder & Chairman recently bought €204k worth of stock On the 18th of April, Li Dong bought around 1m shares on-market at roughly €0.20 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €211k. Li has been a buyer over the last 12 months, purchasing a net total of €667k worth in shares. Recent Insider Transactions • Apr 02
Founder & Chairman recently bought €211k worth of stock On the 30th of March, Li Dong bought around 1m shares on-market at roughly €0.21 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Li has been a buyer over the last 12 months, purchasing a net total of €363k worth in shares. Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.10 in FY 2021) Full year 2022 results: EPS: CN¥0.33 (up from CN¥0.10 in FY 2021). Revenue: CN¥12.8b (up 14% from FY 2021). Net income: CN¥442.8m (up 225% from FY 2021). Profit margin: 3.4% (up from 1.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 20
Leoch International Technology Limited Provides Group Earnings Guidance for the Year Ending December 31, 2022 Leoch International Technology Limited Provided Group Earnings Guidance for the Year Ending December 31, 2022. For the year, the group profit attributable to owners of the Company is expected to be more than doubled as compared the year ended 31 December 2021. This is primarily attributable to: there has been an increase in the revenue and the gross profit of the battery business of the Group during the Year; and the distribution costs in the business operations of the Group (including shipping rates for containers and delivery charges, distribution expenses and other supply chain costs and expenses), which had previously increased considerably due to the impact of the COVID-19 pandemic around the world, gradually resuming to normal in the second half of the Year. Recent Insider Transactions • Nov 04
Founder & Chairman recently bought €149k worth of stock On the 31st of October, Li Dong bought around 2m shares on-market at roughly €0.075 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Li has been a buyer over the last 12 months, purchasing a net total of €152k worth in shares. Reported Earnings • Aug 27
First half 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.021 in 1H 2021) First half 2022 results: EPS: CN¥0.06 (up from CN¥0.021 in 1H 2021). Revenue: CN¥6.17b (up 19% from 1H 2021). Net income: CN¥80.0m (up 174% from 1H 2021). Profit margin: 1.3% (up from 0.6% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.9%, compared to a 18% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year. Announcement • Aug 22
Leoch International Technology Limited Provides Earnings Guidance for the Six Months Ended June 30, 2022 The board of directors of Leoch International Technology Limited provided earnings guidance for the six months ended 30 June 2022. The Company based on the preliminary review of the latest management accounts of the Group, it is expected that there would be an increase in the revenue of the Company of more than 15% and the profit attributable to owners of the Company for the Interim Period is expected to be more than doubled as compared to the corresponding period of last year. Such increase is primarily attributable to the gain on foreign exchange for the Interim Period as compared to the net foreign exchange loss for the corresponding period of last year. Despite the foregoing, the gross profit margin of the Group has decreased as compared to the corresponding period of last year, suppressing the profit growth of the Group in the Interim Period. This decrease is primarily attributable to the increase in distribution costs in the business operations of the Group, including escalating shipping rates for containers and delivery charges, distribution expenses and other supply chain costs and expenses, which have increased considerably during the Interim Period due to the lingering impact of the COVID-19 pandemic around the world which was worsened by the Russo-Ukrainian War and the temporary lockdown since March 2022 in multiple cities of China. Announcement • Aug 17
Leoch International Technology Limited to Report First Half, 2022 Results on Aug 26, 2022 Leoch International Technology Limited announced that they will report first half, 2022 results on Aug 26, 2022 Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: CN¥0.10 (vs CN¥0.091 in FY 2020) Full year 2021 results: EPS: CN¥0.10 (up from CN¥0.091 in FY 2020). Revenue: CN¥11.3b (up 17% from FY 2020). Net income: CN¥136.1m (up 10.0% from FY 2020). Profit margin: 1.2% (down from 1.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Announcement • Mar 23
Leoch International Technology Limited to Report Fiscal Year 2021 Results on Mar 31, 2022 Leoch International Technology Limited announced that they will report fiscal year 2021 results on Mar 31, 2022 Board Change • Jan 07
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. 2 experienced directors. 2 highly experienced directors. CEO & Executive Director Haiyan Yin was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 07
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. 2 experienced directors. 2 highly experienced directors. CEO & Executive Director Haiyan Yin was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 29
First half 2021 earnings released: EPS CN¥0.021 (vs CN¥0.019 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: CN¥5.18b (up 41% from 1H 2020). Net income: CN¥29.2m (up 16% from 1H 2020). Profit margin: 0.6% (down from 0.7% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Jul 15
Leoch International Technology Limited Provides Earnings Guidance for the Six Months Ended 30 June 2021 Leoch International Technology Limited provided earnings guidance for the six months ended 30 June 2021. It is expected that there would be an increase in both the revenue and profit attributable to owners of the Company in the range of 40% to 50% and not less than 10%, respectively, for the six months ended 30 June 2021 (the "Interim Period") as compared to the corresponding period of last year. The increase is primarily attributable to the resumption of recycled lead production of the Group. Announcement • May 08
Leoch International Technology Limited (SEHK:842) acquired MEIBAT. Leoch International Technology Limited (SEHK:842) acquired MEIBAT on May 4, 2021.
Leoch International Technology Limited (SEHK:842) completed the acquisition of MEIBAT on May 4, 2021. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS CN¥0.09 (vs CN¥0.098 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥9.63b (up 15% from FY 2019). Net income: CN¥123.7m (down 6.7% from FY 2019). Profit margin: 1.3% (down from 1.6% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Mar 16
Leoch International Technology Limited to Report Fiscal Year 2020 Results on Mar 26, 2021 Leoch International Technology Limited announced that they will report fiscal year 2020 results on Mar 26, 2021 Reported Earnings • Sep 20
First half earnings released Over the last 12 months the company has reported total profits of CN¥71.6m, down 42% from the prior year. Total revenue was CN¥8.08b over the last 12 months, down 5.1% from the prior year. Announcement • Sep 17
Leoch International Technology Limited Announces Board Changes Leoch Shenzhen Renewable Energy Co. Ltd. announced that Dr. ZHU resigned as independent non-executive Director and ceased to be members of audit committee and nomination committee with effect from 16 September 2020.
Dr. ZHU had served the Board as an independent non-executive Director since October 2019, and continually provided independent opinions and objective views to the Company. Dr. ZHU will devote more time and increase his commitment and involvement in the daily operation and development of battery manufacturing business of the Group in the future. The Board announces that Dr. NAN Xinsheng ("Dr. NAN") has been appointed as an independent
non-executive Director and a member of each of the Audit Committee and Nomination Committee of the Company with effect from 16 September 2020. Announcement • Aug 12
Leoch International Technology Limited to Report First Half, 2020 Results on Aug 21, 2020 Leoch International Technology Limited announced that they will report first half, 2020 results on Aug 21, 2020