Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥69.02, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 40x in the Electronic industry in China. Total returns to shareholders of 47% over the past three years. Tillkännagivande • Jun 30
Siglent Technologies CO.,Ltd. to Report First Half, 2026 Results on Aug 18, 2026 Siglent Technologies CO.,Ltd. announced that they will report first half, 2026 results on Aug 18, 2026 Declared Dividend • Jun 08
Dividend of CN¥0.66 announced Shareholders will receive a dividend of CN¥0.66. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but not covered by cash flows (120% cash payout ratio). The dividend has increased by an average of 20% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 91% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.24 (vs CN¥0.26 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.24 (down from CN¥0.26 in 1Q 2025). Revenue: CN¥161.9m (up 23% from 1Q 2025). Net income: CN¥38.3m (down 5.8% from 1Q 2025). Profit margin: 24% (down from 31% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. New Risk • Apr 08
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 8.4% 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 (8.4% average weekly change). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥48.48, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 29x in the Electronic industry in China. Total loss to shareholders of 16% over the past three years. Tillkännagivande • Mar 30
Siglent Technologies CO.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Siglent Technologies CO.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Reported Earnings • Mar 25
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.90 (up from CN¥0.70 in FY 2024). Revenue: CN¥602.0m (up 21% from FY 2024). Net income: CN¥142.6m (up 27% from FY 2024). Profit margin: 24% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 7.9%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year. Tillkännagivande • Mar 24
Siglent Technologies CO.,Ltd., Annual General Meeting, Apr 16, 2026 Siglent Technologies CO.,Ltd., Annual General Meeting, Apr 16, 2026, at 15:30 China Standard Time. Location: 1F, Building 5, Antongda Industrial Park, Xingdong Community, Xin'an Subdistrict, Bao'an District, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥36.00, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 31x in the Electronic industry in China. Total loss to shareholders of 29% over the past three years. Tillkännagivande • Dec 26
Siglent Technologies CO.,Ltd. to Report Fiscal Year 2025 Results on Mar 25, 2026 Siglent Technologies CO.,Ltd. announced that they will report fiscal year 2025 results on Mar 25, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.22 (vs CN¥0.21 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.22 (up from CN¥0.21 in 3Q 2024). Revenue: CN¥152.7m (up 17% from 3Q 2024). Net income: CN¥34.5m (up 3.8% from 3Q 2024). Profit margin: 23% (down from 25% in 3Q 2024). 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 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Sep 30
Siglent Technologies CO.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Siglent Technologies CO.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Aug 17
Second quarter 2025 earnings released: EPS: CN¥0.22 (vs CN¥0.18 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.22 (up from CN¥0.18 in 2Q 2024). Revenue: CN¥147.0m (up 23% from 2Q 2024). Net income: CN¥36.2m (up 29% from 2Q 2024). Profit margin: 25% (up from 23% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Jun 30
Siglent Technologies CO.,Ltd. to Report First Half, 2025 Results on Aug 14, 2025 Siglent Technologies CO.,Ltd. announced that they will report first half, 2025 results on Aug 14, 2025 Declared Dividend • Jun 02
Dividend reduced to CN¥0.51 Dividend of CN¥0.51 is 42% lower than last year. Ex-date: 6th June 2025 Payment date: 6th June 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio) nor is it covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 41% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 113% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.19 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.26 (up from CN¥0.19 in 1Q 2024). Revenue: CN¥131.8m (up 27% from 1Q 2024). Net income: CN¥40.7m (up 34% from 1Q 2024). Profit margin: 31% (up from 29% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic 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 6% per year. Tillkännagivande • Apr 24
Siglent Technologies CO.,Ltd., Annual General Meeting, May 22, 2025 Siglent Technologies CO.,Ltd., Annual General Meeting, May 22, 2025, at 15:30 China Standard Time. Location: 1F, Building 5, Antongda Industrial Park, Xingdong Community, Xin'an Subdistrict, Bao'an District, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥24.60, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.45 per share. Price Target Changed • Apr 03
Price target increased by 7.7% to CN¥35.00 Up from CN¥32.50, the current price target is provided by 1 analyst. New target price is 22% above last closing price of CN¥28.77. Stock is down 19% over the past year. The company is forecast to post earnings per share of CN¥1.13 for next year compared to CN¥0.70 last year. Tillkännagivande • Mar 28
Siglent Technologies CO.,Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Siglent Technologies CO.,Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 New Risk • Mar 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 22% Last year net profit margin: 32% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 109% Cash payout ratio: 120% Minor Risk Profit margins are more than 30% lower than last year (22% net profit margin). Tillkännagivande • Dec 27
Siglent Technologies CO.,Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Siglent Technologies CO.,Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.23 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.21 (down from CN¥0.23 in 3Q 2023). Revenue: CN¥130.9m (up 14% from 3Q 2023). Net income: CN¥33.2m (down 6.8% from 3Q 2023). Profit margin: 25% (down from 31% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. 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 7.7% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 106% Cash payout ratio: 113% Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Tillkännagivande • Sep 30
Siglent Technologies CO.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Siglent 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 17% After last week's 17% share price gain to CN¥24.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 49% over the past year. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.29 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.29 in 2Q 2023). Revenue: CN¥119.9m (down 9.6% from 2Q 2023). Net income: CN¥28.1m (down 41% from 2Q 2023). Profit margin: 23% (down from 36% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Tillkännagivande • Jun 29
Siglent Technologies CO.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Siglent Technologies CO.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Tillkännagivande • May 01
Siglent Technologies CO.,Ltd., Annual General Meeting, May 21, 2024 Siglent Technologies CO.,Ltd., Annual General Meeting, May 21, 2024, at 15:30 China Standard Time. Location: 2F, Building 1, Antongda Industrial Park, Xingdong Community, Xin'an Subdistrict, Bao'an District, Shenzhen, Guangdong China Reported Earnings • Apr 30
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.98 (up from CN¥0.89 in FY 2022). Revenue: CN¥483.2m (up 22% from FY 2022). Net income: CN¥155.3m (up 10% from FY 2022). Profit margin: 32% (down from 35% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 8.3%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Tillkännagivande • Mar 30
Siglent Technologies CO.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Siglent Technologies CO.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥38.31, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 33% over the past year. Major Estimate Revision • Mar 03
Consensus revenue estimates fall by 14% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥702.5m to CN¥606.8m. EPS estimate fell from CN¥1.42 to CN¥1.24 per share. Net income forecast to grow 27% next year vs 57% growth forecast for Electronic industry in China. Consensus price target of CN¥44.29 unchanged from last update. Share price rose 2.8% to CN¥33.99 over the past week. Reported Earnings • Feb 27
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.98 (up from CN¥0.89 in FY 2022). Revenue: CN¥483.2m (up 22% from FY 2022). Net income: CN¥155.5m (up 10% from FY 2022). Profit margin: 32% (down from 35% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 8.3%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Buying Opportunity • Jan 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be CN¥49.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 86% in 2 years. Earnings is forecast to grow by 80% in the next 2 years. Buying Opportunity • Nov 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be CN¥50.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 30%. Revenue is forecast to grow by 86% in 2 years. Earnings is forecast to grow by 81% in the next 2 years. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.28 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.23 (down from CN¥0.28 in 3Q 2022). Revenue: CN¥114.5m (up 11% from 3Q 2022). Net income: CN¥35.6m (down 19% from 3Q 2022). Profit margin: 31% (down from 43% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.23 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.29 (up from CN¥0.23 in 2Q 2022). Revenue: CN¥132.7m (up 38% from 2Q 2022). Net income: CN¥47.5m (up 30% from 2Q 2022). Profit margin: 36% (down from 38% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Tillkännagivande • Jun 28
Siglent Technologies CO.,Ltd. to Report First Half, 2023 Results on Aug 24, 2023 Siglent Technologies CO.,Ltd. announced that they will report first half, 2023 results on Aug 24, 2023 Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.19 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.34 (up from CN¥0.19 in 1Q 2022). Revenue: CN¥102.2m (up 51% from 1Q 2022). Net income: CN¥35.9m (up 79% from 1Q 2022). Profit margin: 35% (up from 30% in 1Q 2022). The increase in margin was 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 Electronic industry in China. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥89.56, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 74% over the past year. Board Change • Nov 16
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. 6 experienced directors. No highly experienced directors. 2 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.41 (vs CN¥0.25 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.41 (up from CN¥0.25 in 3Q 2021). Revenue: CN¥103.3m (up 41% from 3Q 2021). Net income: CN¥44.0m (up 121% from 3Q 2021). Profit margin: 43% (up from 27% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.24 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.34 (up from CN¥0.24 in 2Q 2021). Revenue: CN¥96.0m (up 14% from 2Q 2021). Net income: CN¥36.5m (up 80% from 2Q 2021). Profit margin: 38% (up from 24% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 50%, compared to a 26% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥54.47, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 20x in the Electronic industry in China. Board Change • Apr 27
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.