Tillkännagivande • Jun 30
Western Superconducting Technologies Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Western Superconducting Technologies Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 New Risk • Jun 29
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 8.8% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Jun 05
Western Superconducting Technologies Co., Ltd., Annual General Meeting, Jun 26, 2026 Western Superconducting Technologies Co., Ltd., Annual General Meeting, Jun 26, 2026, at 14:30 China Standard Time. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥72.87, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 37% over the past three years. Board Change • May 20
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. 3 independent directors (7 non-independent directors). Chairman Yong Feng is the most experienced director on the board, commencing their role in 2012. Independent Director Xiaoguang Li was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Mar 30
Western Superconducting Technologies Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Western Superconducting Technologies Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Tillkännagivande • Dec 26
Western Superconducting Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Western Superconducting Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Tillkännagivande • Sep 30
Western Superconducting Technologies Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Western Superconducting Technologies Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Tillkännagivande • Jun 30
Western Superconducting Technologies Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Western Superconducting Technologies Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Tillkännagivande • Jun 04
Western Superconducting Technologies Co., Ltd., Annual General Meeting, Jun 25, 2025 Western Superconducting Technologies Co., Ltd., Annual General Meeting, Jun 25, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xi'an Economic and Technological Development Zone, Shaanxi China Tillkännagivande • Mar 28
Western Superconducting Technologies Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Western Superconducting Technologies Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Tillkännagivande • Dec 27
Western Superconducting Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025 Western Superconducting Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.25 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.39 (up from CN¥0.25 in 3Q 2023). Revenue: CN¥1.21b (up 24% from 3Q 2023). Net income: CN¥255.2m (up 58% from 3Q 2023). Profit margin: 21% (up from 17% in 3Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year. 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 7.3% 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. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Sep 30
Western Superconducting Technologies Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Western Superconducting Technologies Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥39.23, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 20% over the past three years. New Risk • Aug 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 34% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.33 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.37 (up from CN¥0.33 in 2Q 2023). Revenue: CN¥1.23b (up 3.1% from 2Q 2023). Net income: CN¥238.0m (up 12% from 2Q 2023). Profit margin: 19% (up from 18% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥32.37, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 31% over the past three years. Tillkännagivande • Jun 28
Western Superconducting Technologies Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Western Superconducting Technologies Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • May 01
First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.32 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.32 in 1Q 2023). Revenue: CN¥793.6m (down 14% from 1Q 2023). Net income: CN¥110.5m (down 47% from 1Q 2023). Profit margin: 14% (down from 23% in 1Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Apr 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Reported Earnings • Apr 01
Full year 2023 earnings released: EPS: CN¥1.16 (vs CN¥1.66 in FY 2022) Full year 2023 results: EPS: CN¥1.16 (down from CN¥1.66 in FY 2022). Revenue: CN¥4.16b (down 1.6% from FY 2022). Net income: CN¥752.4m (down 30% from FY 2022). Profit margin: 18% (down from 26% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Mar 29
Western Superconducting Technologies Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Western Superconducting Technologies Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 26
Full year 2023 earnings released: EPS: CN¥1.16 (vs CN¥1.66 in FY 2022) Full year 2023 results: EPS: CN¥1.16 (down from CN¥1.66 in FY 2022). Revenue: CN¥4.16b (down 1.6% from FY 2022). Net income: CN¥753.2m (down 30% from FY 2022). Profit margin: 18% (down from 26% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥41.88, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 4.6% over the past three years. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥45.36, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 8.3% over the past three years. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.47 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.47 in 3Q 2022). Revenue: CN¥976.2m (down 18% from 3Q 2022). Net income: CN¥161.5m (down 47% from 3Q 2022). Profit margin: 17% (down from 26% in 3Q 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.33 (vs CN¥0.52 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.33 (down from CN¥0.52 in 2Q 2022). Revenue: CN¥1.19b (flat on 2Q 2022). Net income: CN¥212.8m (down 37% from 2Q 2022). Profit margin: 18% (down from 28% in 2Q 2022). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.45 (vs CN¥0.46 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.45 (down from CN¥0.46 in 1Q 2022). Revenue: CN¥922.3m (up 3.9% from 1Q 2022). Net income: CN¥208.3m (down 3.1% from 1Q 2022). Profit margin: 23% (down from 24% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: CN¥2.33 (vs CN¥1.68 in FY 2021) Full year 2022 results: EPS: CN¥2.33 (up from CN¥1.68 in FY 2021). Revenue: CN¥4.22b (up 44% from FY 2021). Net income: CN¥1.08b (up 46% from FY 2021). Profit margin: 26% (in line with FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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 Junrui Zhang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.66 (vs CN¥0.51 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.66 (up from CN¥0.51 in 3Q 2021). Revenue: CN¥1.18b (up 42% from 3Q 2021). Net income: CN¥306.0m (up 36% from 3Q 2021). Profit margin: 26% (down from 27% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: CN¥0.73 (vs CN¥0.42 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.73 (up from CN¥0.42 in 2Q 2021). Revenue: CN¥1.20b (up 66% from 2Q 2021). Net income: CN¥337.4m (up 82% from 2Q 2021). Profit margin: 28% (up from 26% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 24%, compared to a 32% growth forecast for the Metals and Mining industry in China. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.29 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.46 (up from CN¥0.29 in 1Q 2021). Revenue: CN¥887.5m (up 67% from 1Q 2021). Net income: CN¥215.0m (up 67% from 1Q 2021). Profit margin: 24% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 28%, compared to a 27% growth forecast for the industry in China. 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. 3 independent directors (6 non-independent directors). Independent Director Junrui Zhang was the last independent director to join the board, commencing their role in 2019. 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 02
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥1.68 (up from CN¥0.84 in FY 2020). Revenue: CN¥2.93b (up 39% from FY 2020). Net income: CN¥743.0m (up 100% from FY 2020). Profit margin: 25% (up from 18% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 32%, compared to a 10,607% growth forecast for the mining industry in China. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥85.93, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 44% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥154 per share. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥81.21, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 21% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥161 per share. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥91.11, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 70% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥162 per share. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.51 (vs CN¥0.32 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥834.9m (up 48% from 3Q 2020). Net income: CN¥224.6m (up 61% from 3Q 2020). Profit margin: 27% (up from 25% in 3Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥95.40, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 131% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥146 per share. Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.21 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥722.8m (up 18% from 2Q 2020). Net income: CN¥184.9m (up 87% from 2Q 2020). Profit margin: 26% (up from 16% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.29 (vs CN¥0.08 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥533.0m (up 56% from 1Q 2020). Net income: CN¥128.4m (up 283% from 1Q 2020). Profit margin: 24% (up from 9.8% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS CN¥0.84 (vs CN¥0.38 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.11b (up 46% from FY 2019). Net income: CN¥371.0m (up 135% from FY 2019). Profit margin: 18% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥48.09, the stock is trading at a trailing P/E ratio of 57.2x, down from the previous P/E ratio of 71.5x. This compares to an average P/E of 33x in the Metals and Mining industry in China. Total returns to shareholders over the past year are 30%. Is New 90 Day High Low • Mar 05
New 90-day low: CN¥56.80 The company is down 4.0% from its price of CN¥58.98 on 04 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.42 per share. Is New 90 Day High Low • Dec 23
New 90-day high: CN¥71.45 The company is up 32% from its price of CN¥54.28 on 25 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.41 per share. Is New 90 Day High Low • Dec 08
New 90-day high: CN¥61.20 The company is up 26% from its price of CN¥48.58 on 09 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.16 per share. Is New 90 Day High Low • Oct 10
New 90-day high: CN¥59.84 The company is up 40% from its price of CN¥42.77 on 10 July 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.36 per share.