Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥13.68, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 40x in the Electronic industry in China. Total returns to shareholders of 78% over the past three years. Board Change • Jun 01
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. 4 experienced directors. 2 highly experienced directors. Deputy GM & Employee Representative Director Sheng Huang 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
Wuhan Guide Infrared Co., Ltd., Annual General Meeting, May 08, 2026 Wuhan Guide Infrared Co., Ltd., Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: No. 6, Huanglongshan South Road, Donghu Development Zone, Wuhan, Hubei China Tillkännagivande • Apr 02
Wuhan Guide Infrared Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026 Wuhan Guide Infrared Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Tillkännagivande • Dec 31
Wuhan Guide Infrared Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 Wuhan Guide Infrared Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Tillkännagivande • Sep 30
Wuhan Guide Infrared Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Wuhan Guide Infrared Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Tillkännagivande • Jul 02
Wuhan Guide Infrared Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Wuhan Guide Infrared Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Tillkännagivande • Apr 25
Wuhan Guide Infrared Co., Ltd., Annual General Meeting, May 20, 2025 Wuhan Guide Infrared Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: No. 6, Huanglongshan South Road, Donghu Development Zone, Wuhan, Hubei China Tillkännagivande • Mar 31
Wuhan Guide Infrared Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Wuhan Guide Infrared Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Tillkännagivande • Dec 31
Wuhan Guide Infrared Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Wuhan Guide Infrared Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.008 (vs CN¥0.018 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.008 (down from CN¥0.018 in 3Q 2023). Revenue: CN¥662.7m (up 19% from 3Q 2023). Net income: CN¥32.2m (down 59% from 3Q 2023). Profit margin: 4.9% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. 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 6.9% 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. This is currently the only risk that has been identified for the company. Tillkännagivande • Sep 30
Wuhan Guide Infrared Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Wuhan Guide Infrared Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.034 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.002 (down from CN¥0.034 in 2Q 2023). Revenue: CN¥681.8m (up 11% from 2Q 2023). Net income: CN¥9.59m (down 93% from 2Q 2023). Profit margin: 1.4% (down from 24% in 2Q 2023). 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 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jun 29
Wuhan Guide Infrared Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Wuhan Guide Infrared Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Tillkännagivande • May 11
Wuhan Guide Infrared Co., Ltd. Approves Cash Dividend for the Year 2023 Wuhan Guide Infrared Co., Ltd. held its Annual General Meeting of 2023 on 09 May 2024, approved cash dividend (tax included) of CNY 0.14000000 per 10 shares for the year 2023. Tillkännagivande • Apr 16
Wuhan Guide Infrared Co., Ltd., Annual General Meeting, May 09, 2024 Wuhan Guide Infrared Co., Ltd., Annual General Meeting, May 09, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuhan, Hubei China Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.12 in FY 2022) Full year 2023 results: EPS: CN¥0.016 (down from CN¥0.12 in FY 2022). Revenue: CN¥2.42b (down 4.5% from FY 2022). Net income: CN¥67.7m (down 87% from FY 2022). Profit margin: 2.8% (down from 20% in FY 2022). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 30
Wuhan Guide Infrared Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Wuhan Guide Infrared Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥5.15, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 67% over the past three years. Tillkännagivande • Dec 30
Wuhan Guide Infrared Co., Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 Wuhan Guide Infrared Co., Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 New Risk • Nov 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 53% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 163% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.018 (vs CN¥0.035 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.018 (down from CN¥0.035 in 3Q 2022). Revenue: CN¥556.0m (up 14% from 3Q 2022). Net income: CN¥78.2m (down 48% from 3Q 2022). Profit margin: 14% (down from 31% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Tillkännagivande • Sep 30
Wuhan Guide Infrared Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Wuhan Guide Infrared Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 New Risk • Sep 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 128% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin). Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.034 (vs CN¥0.015 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.034 (up from CN¥0.015 in 2Q 2022). Revenue: CN¥613.6m (up 25% from 2Q 2022). Net income: CN¥144.2m (up 120% from 2Q 2022). Profit margin: 24% (up from 13% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 21% per year. Tillkännagivande • Jun 14
Wuhan Guide Infrared Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 20, 2023 Wuhan Guide Infrared Co., Ltd. announced final cash dividend of CNY 1.30 per 10 shares on A shares for the year 2022. Record date is June 19, 2023, Ex-Date is June 20, 2023 and Payment Date is June 20, 2023. Reported Earnings • Apr 24
Full year 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.34 in FY 2021) Full year 2022 results: EPS: CN¥0.15 (down from CN¥0.34 in FY 2021). Revenue: CN¥2.53b (down 28% from FY 2021). Net income: CN¥502.0m (down 55% from FY 2021). Profit margin: 20% (down from 32% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Huide Zhang was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.046 (vs CN¥0.068 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.046 (down from CN¥0.068 in 3Q 2021). Revenue: CN¥489.4m (down 18% from 3Q 2021). Net income: CN¥150.0m (down 33% from 3Q 2021). Profit margin: 31% (down from 38% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥12.15, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Electronic industry in China. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥18.52 per share. Buying Opportunity • Sep 01
Now 23% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be CN¥18.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 107% in 2 years. Earnings is forecast to grow by 163% in the next 2 years. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: CN¥0.02 (vs CN¥0.14 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.02 (down from CN¥0.14 in 2Q 2021). Revenue: CN¥489.8m (down 59% from 2Q 2021). Net income: CN¥65.4m (down 86% from 2Q 2021). Profit margin: 13% (down from 38% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 74%, compared to a 27% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥14.99, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 169% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.66 per share. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Huide Zhang was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 09
Full year 2021 earnings released: EPS: CN¥0.48 (vs CN¥0.45 in FY 2020) Full year 2021 results: EPS: CN¥0.48 (up from CN¥0.45 in FY 2020). Revenue: CN¥3.50b (up 5.0% from FY 2020). Net income: CN¥1.11b (up 11% from FY 2020). Profit margin: 32% (up from 30% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 44%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥18.76, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 139% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.096 (vs CN¥0.13 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: CN¥597.5m (down 21% from 3Q 2020). Net income: CN¥224.9m (down 19% from 3Q 2020). Profit margin: 38% (up from 37% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 75% per year whereas the company’s share price has increased by 76% per year. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.16 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥1.19b (up 64% from 2Q 2020). Net income: CN¥455.9m (up 27% from 2Q 2020). Profit margin: 38% (down from 50% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥36.67, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 490% over the past three years. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.10 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥656.5m (up 46% from 1Q 2020). Net income: CN¥238.5m (up 50% from 1Q 2020). Profit margin: 36% (up from 35% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 09
New 90-day low: CN¥35.60 The company is down 7.0% from its price of CN¥38.10 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.18 per share. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue beats expectations Revenue exceeded analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 26%, compared to a 31% growth forecast for the Electronic industry in China. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.63 (vs CN¥0.14 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.27b (up 100% from FY 2019). Net income: CN¥1.00b (up 354% from FY 2019). Profit margin: 31% (up from 14% 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 87% per year whereas the company’s share price has increased by 88% per year. Is New 90 Day High Low • Dec 23
New 90-day high: CN¥39.23 The company is up 15% from its price of CN¥34.21 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 Electronic industry, which is down 2.0% over the same period. Is New 90 Day High Low • Nov 17
New 90-day low: CN¥32.80 The company is down 11% from its price of CN¥36.90 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.20 per share. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥33.86 The company is down 13% from its price of CN¥39.01 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.20 per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥782.1m, up 191% from the prior year. Total revenue was CN¥2.52b over the last 12 months, up 54% from the prior year.