Tillkännagivande • Apr 29
Focuslight Technologies Inc, Annual General Meeting, May 19, 2026 Focuslight Technologies Inc, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China Tillkännagivande • Mar 30
Focuslight Technologies Inc to Report Q1, 2026 Results on Apr 29, 2026 Focuslight Technologies Inc announced that they will report Q1, 2026 results on Apr 29, 2026 Tillkännagivande • Dec 26
Focuslight Technologies Inc to Report Fiscal Year 2025 Results on Apr 29, 2026 Focuslight Technologies Inc announced that they will report fiscal year 2025 results on Apr 29, 2026 Tillkännagivande • Sep 30
Focuslight Technologies Inc to Report Q3, 2025 Results on Oct 30, 2025 Focuslight Technologies Inc announced that they will report Q3, 2025 results on Oct 30, 2025 Tillkännagivande • Jun 30
Focuslight Technologies Inc to Report First Half, 2025 Results on Aug 29, 2025 Focuslight Technologies Inc announced that they will report first half, 2025 results on Aug 29, 2025 Tillkännagivande • Apr 26
Focuslight Technologies Inc, Annual General Meeting, May 16, 2025 Focuslight Technologies Inc, Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China Tillkännagivande • Apr 09
Focuslight Technologies Inc (SHSE:688167) announces an Equity Buyback for CNY 40 million worth of its shares. Focuslight Technologies Inc (SHSE:688167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its A shares. The shares will be repurchased at a price of CNY 100 per share. The shares repurchased will be used for cancellation and reduction of the company's registered capital. The repurchase will be funded through the company’s own funds. The program will be valid for a period of 12 months from the date the shareholders' meeting approval. Tillkännagivande • Mar 28
Focuslight Technologies Inc to Report Q1, 2025 Results on Apr 26, 2025 Focuslight Technologies Inc announced that they will report Q1, 2025 results on Apr 26, 2025 Tillkännagivande • Dec 27
Focuslight Technologies Inc to Report Fiscal Year 2024 Results on Apr 26, 2025 Focuslight Technologies Inc announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.19 profit in 3Q 2023) Third quarter 2024 results: CN¥0.27 loss per share (down from CN¥0.19 profit in 3Q 2023). Revenue: CN¥146.9m (up 1.5% from 3Q 2023). Net loss: CN¥23.7m (down 242% from profit in 3Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Tillkännagivande • Sep 30
Focuslight Technologies Inc to Report Q3, 2024 Results on Oct 30, 2024 Focuslight Technologies Inc announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 68% 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. Profit margins are more than 30% lower than last year (5.7% net profit margin). New Risk • Sep 06
New minor risk - Dividend sustainability The company has a short dividend paying track record. Continuous dividend paying years: 1 Dividend yield: 0.7% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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 Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin). Tillkännagivande • Sep 03
Focuslight Technologies Inc (SHSE:688167) completed the acquisition of Passive Optical Components Assets of ams OSRAM AG (SWX:AMS). Focuslight Technologies Inc (SHSE:688167) signed an agreement to acquire Passive Optical Components Assets of ams OSRAM AG (SWX:AMS) for €45 million on May 7, 2024. The transaction is subject to closing conditions and subject to approval from the Chinese regulatory authorities and Focuslight shareholder's. As of June 27, 2024, Focuslight Technologies shareholders approved the deal. The transaction is expected to close in the third quarter of 2024.
Focuslight Technologies Inc (SHSE:688167) completed the acquisition of Passive Optical Components Assets of ams OSRAM AG (SWX:AMS) on September 2, 2024. ams OSRAM has received the transaction price of €45 million in cash from Focuslight Technologies. New Risk • Jul 31
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: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin). Tillkännagivande • Jun 29
Focuslight Technologies Inc to Report First Half, 2024 Results on Aug 29, 2024 Focuslight Technologies Inc announced that they will report first half, 2024 results on Aug 29, 2024 Tillkännagivande • Apr 29
Focuslight Technologies Inc, Annual General Meeting, May 17, 2024 Focuslight Technologies Inc, Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China Reported Earnings • Apr 28
First quarter 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.17 profit in 1Q 2023) First quarter 2024 results: CN¥0.18 loss per share (down from CN¥0.17 profit in 1Q 2023). Revenue: CN¥137.0m (up 17% from 1Q 2023). Net loss: CN¥16.2m (down 207% from profit in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Tillkännagivande • Mar 29
Focuslight Technologies Inc to Report Q1, 2024 Results on Apr 27, 2024 Focuslight Technologies Inc announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: CN¥1.00 (vs CN¥1.41 in FY 2022) Full year 2023 results: EPS: CN¥1.00 (down from CN¥1.41 in FY 2022). Revenue: CN¥561.2m (up 1.7% from FY 2022). Net income: CN¥89.7m (down 29% from FY 2022). Profit margin: 16% (down from 23% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥74.08, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 25x in the Semiconductor industry in China. Tillkännagivande • Jan 27
Focuslight Technologies Inc (SHSE:688167) announces an Equity Buyback for CNY 50 million worth of its shares. Focuslight Technologies Inc (SHSE:688167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 120 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The program will be funded from company's own funds and excess funds obtained from the issuance of ordinary share. The program will be valid for 12 months. Tillkännagivande • Nov 14
Focuslight Technologies Inc (SHSE:688167) commences an Equity Buyback Plan for CNY 50.4 million worth of its shares, under the authorization granted on September 11, 2023. Focuslight Technologies Inc (SHSE:688167) commences share repurchases on November 10, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on September 11, 2023. As per the mandate, the company is authorized to repurchase its CNY 50.40 million worth of its common shares. The shares will be purchased at a price not exceeding CNY 120 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. 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 and excess funds obtained from the issuance of ordinary share. The program will be valid for 12 months. New Risk • Nov 09
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 9.3% 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 Share price has been highly volatile over the past 3 months (9.3% average weekly change). High level of non-cash earnings (23% accrual ratio). Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.22 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.17 (down from CN¥0.22 in 1Q 2022). Revenue: CN¥116.7m (up 5.6% from 1Q 2022). Net income: CN¥15.2m (down 25% from 1Q 2022). Profit margin: 13% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Board Change • Mar 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 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: Lack of independent directors. Insufficient board refreshment.