Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Non-Independent Director Yinghui Xiao was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 15
Shenzhen Sunline Tech Co., Ltd., Annual General Meeting, May 08, 2026 Shenzhen Sunline Tech Co., Ltd., Annual General Meeting, May 08, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Tillkännagivande • Mar 31
Shenzhen Sunline Tech Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Shenzhen Sunline Tech Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Tillkännagivande • Dec 31
Shenzhen Sunline Tech Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 Shenzhen Sunline Tech Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Tillkännagivande • Sep 30
Shenzhen Sunline Tech Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Shenzhen Sunline Tech Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Tillkännagivande • Jul 02
Shenzhen Sunline Tech Co., Ltd. to Report First Half, 2025 Results on Aug 15, 2025 Shenzhen Sunline Tech Co., Ltd. announced that they will report first half, 2025 results on Aug 15, 2025 Tillkännagivande • May 13
Shenzhen Sunline Tech Co., Ltd. Approves Cash Dividend for the Year 2024 Shenzhen Sunline Tech Co., Ltd. at the AGM held on 09 May 2025, approved cash dividend (tax included) for the year 2024 of CNY 0.07000000 per 10 shares. Tillkännagivande • Apr 19
Shenzhen Sunline Tech Co., Ltd. Proposes Final Cash Dividend for 2024 Shenzhen Sunline Tech Co., Ltd. announced on 18 April 2025 the profit distribution proposal for 2024 as follows: Final cash dividend (tax included) of CNY 0.07000000 per 10 shares. Tillkännagivande • Apr 18
Shenzhen Sunline Tech Co., Ltd., Annual General Meeting, May 09, 2025 Shenzhen Sunline Tech Co., Ltd., Annual General Meeting, May 09, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Tillkännagivande • Mar 31
Shenzhen Sunline Tech Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Shenzhen Sunline Tech Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Tillkännagivande • Dec 31
Shenzhen Sunline Tech Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Shenzhen Sunline Tech Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Buy Or Sell Opportunity • Nov 05
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 136% to CN¥17.38. The fair value is estimated to be CN¥13.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 73%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings are also forecast to grow by 45% per annum over the same time period. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.017 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.003 (down from CN¥0.017 in 3Q 2023). Revenue: CN¥331.2m (down 23% from 3Q 2023). Net income: CN¥2.14m (down 82% from 3Q 2023). Profit margin: 0.6% (down from 2.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Oct 16
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 111% to CN¥16.90. The fair value is estimated to be CN¥13.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 80%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 37% per annum over the same time period. Tillkännagivande • Sep 30
Shenzhen Sunline Tech Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Shenzhen Sunline Tech Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.008 (vs CN¥0.006 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.008 (up from CN¥0.006 loss in 2Q 2023). Revenue: CN¥415.6m (down 8.3% from 2Q 2023). Net income: CN¥5.63m (up CN¥9.82m from 2Q 2023). Profit margin: 1.4% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. New Risk • Aug 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (10% increase in shares outstanding). Tillkännagivande • Jun 29
Shenzhen Sunline Tech Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Shenzhen Sunline Tech Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released: CN¥0.005 loss per share (vs CN¥0.008 loss in 1Q 2023) First quarter 2024 results: CN¥0.005 loss per share (improved from CN¥0.008 loss in 1Q 2023). Revenue: CN¥288.7m (down 2.5% from 1Q 2023). Net loss: CN¥3.79m (loss narrowed 34% from 1Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 19
Full year 2023 earnings released: EPS: CN¥0.045 (vs CN¥0.031 in FY 2022) Full year 2023 results: EPS: CN¥0.045 (up from CN¥0.031 in FY 2022). Revenue: CN¥1.92b (up 1.6% from FY 2022). Net income: CN¥32.1m (up 43% from FY 2022). Profit margin: 1.7% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Tillkännagivande • Apr 17
Shenzhen Sunline Tech Co., Ltd., Annual General Meeting, May 07, 2024 Shenzhen Sunline Tech Co., Ltd., Annual General Meeting, May 07, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Tillkännagivande • Mar 30
Shenzhen Sunline Tech Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Shenzhen Sunline Tech Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Buy Or Sell Opportunity • Jan 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to CN¥8.20. The fair value is estimated to be CN¥10.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 64%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 36% per annum over the same time period. Tillkännagivande • Dec 30
Shenzhen Sunline Tech Co., Ltd. to Report Fiscal Year 2023 Results on Apr 17, 2024 Shenzhen Sunline Tech Co., Ltd. announced that they will report fiscal year 2023 results on Apr 17, 2024 Buying Opportunity • Dec 05
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥13.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 64%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings is also forecast to grow by 45% per annum over the same time period. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.017 (vs CN¥0.001 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.017 (up from CN¥0.001 loss in 3Q 2022). Revenue: CN¥428.2m (up 14% from 3Q 2022). Net income: CN¥11.6m (up CN¥12.3m from 3Q 2022). Profit margin: 2.7% (up from net loss in 3Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance. Tillkännagivande • Sep 30
Shenzhen Sunline Tech Co., Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Shenzhen Sunline Tech Co., Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Buying Opportunity • Aug 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.6%. The fair value is estimated to be CN¥13.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 49%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings is also forecast to grow by 43% per annum over the same time period. Reported Earnings • Aug 26
Second quarter 2023 earnings released: CN¥0.006 loss per share (vs CN¥0.023 profit in 2Q 2022) Second quarter 2023 results: CN¥0.006 loss per share (down from CN¥0.023 profit in 2Q 2022). Revenue: CN¥453.1m (up 12% from 2Q 2022). Net loss: CN¥4.20m (down 125% from profit in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jul 01
Shenzhen Sunline Tech Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on July 6, 2023 Shenzhen Sunline Tech Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 0.06000000 on A shares for the year 2022. Record date is July 5, 2023. Ex-date is July 6, 2023. Payment date is July 6, 2023. Reported Earnings • Apr 16
Full year 2022 earnings released: EPS: CN¥0.031 (vs CN¥0.18 in FY 2021) Full year 2022 results: EPS: CN¥0.031 (down from CN¥0.18 in FY 2021). Revenue: CN¥1.89b (up 20% from FY 2021). Net income: CN¥22.4m (down 82% from FY 2021). Profit margin: 1.2% (down from 8.0% in FY 2021). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. 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 an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Xijun Zhao was the last independent director to join the board, commencing their role in 2020. 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: CN¥0.001 loss per share (vs CN¥0.014 profit in 3Q 2021) Third quarter 2022 results: CN¥0.001 loss per share (down from CN¥0.014 profit in 3Q 2021). Revenue: CN¥374.4m (up 31% from 3Q 2021). Net loss: CN¥760.1k (down 107% from profit in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 21% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: CN¥0.023 (vs CN¥0.005 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.023 (up from CN¥0.005 loss in 2Q 2021). Revenue: CN¥405.1m (up 26% from 2Q 2021). Net income: CN¥16.6m (up CN¥20.1m from 2Q 2021). Profit margin: 4.1% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 38%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥8.70, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 21x in the IT industry in China. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.83 per share. Reported Earnings • Apr 27
First quarter 2022 earnings released: CN¥0.014 loss per share (vs CN¥0.017 profit in 1Q 2021) First quarter 2022 results: CN¥0.014 loss per share (down from CN¥0.017 profit in 1Q 2021). Revenue: CN¥276.4m (up 63% from 1Q 2021). Net loss: CN¥9.87m (down 183% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 33%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. 5 non-independent directors. Independent Director Xijun Zhao was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.18 (vs CN¥0.34 in FY 2020) Full year 2021 results: EPS: CN¥0.18 (down from CN¥0.34 in FY 2020). Revenue: CN¥1.57b (up 1.4% from FY 2020). Net income: CN¥126.2m (down 47% from FY 2020). Profit margin: 8.0% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 54%, compared to a 24% growth forecast for the 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 fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.014 (vs CN¥0.044 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥285.7m (up 2.7% from 3Q 2020). Net income: CN¥10.4m (down 67% from 3Q 2020). Profit margin: 3.6% (down from 11% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 28
Second quarter 2021 earnings released: CN¥0.005 loss per share (vs CN¥0.031 profit in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥322.6m (up 36% from 2Q 2020). Net loss: CN¥3.43m (down 114% from profit in 2Q 2020). 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 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥17.31, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 25x in the IT industry in China. Total returns to shareholders of 34% over the past three years. Reported Earnings • Apr 18
Full year 2020 earnings released: EPS CN¥0.34 (vs CN¥0.20 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.55b (up 18% from FY 2019). Net income: CN¥236.8m (up 72% from FY 2019). Profit margin: 15% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 06
New 90-day low: CN¥16.18 The company is down 26% from its price of CN¥21.74 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥10.57 per share. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥17.99 The company is down 31% from its price of CN¥25.89 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 IT industry, which is down 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥10.70 per share. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥20.02 The company is down 16% from its price of CN¥23.70 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.19 per share. Is New 90 Day High Low • Nov 20
New 90-day low: CN¥20.45 The company is down 3.0% from its price of CN¥20.98 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.39 per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥176.2m, up 246% from the prior year. Total revenue was CN¥1.28b over the last 12 months, up 6.2% from the prior year. Is New 90 Day High Low • Oct 12
New 90-day high: CN¥27.40 The company is up 20% from its price of CN¥22.75 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.58 per share.