Tillkännagivande • Jul 01
Lingyi iTech (Guangdong) Company to Report First Half, 2026 Results on Aug 27, 2026 Lingyi iTech (Guangdong) Company announced that they will report first half, 2026 results on Aug 27, 2026 New Risk • Jun 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 8.7% 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: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Jun 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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. This is currently the only risk that has been identified for the company. Tillkännagivande • Jun 19
Lingyi iTech (Guangdong) Company has filed a Follow-on Equity Offering in the amount of HKD 8.264245 billion. Lingyi iTech (Guangdong) Company has filed a Follow-on Equity Offering in the amount of HKD 8.264245 billion.
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 81,181,320
Price(maximum): HKD 10.18
Discount Per Security: HKD 0.0509
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 417,385,963
Price(maximum): HKD 10.18
Discount Per Security: HKD 0.0509
Security Name: H Shares
Security Type: Common Stock
Securities Offered: 313,244,597
Price(maximum): HKD 10.18
Discount Per Security: HKD 0.0509
Transaction Features: New Market Listing; Regulation S; Sponsor Backed Offering Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥15.85, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 45x in the Electronic industry in China. Total returns to shareholders of 146% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.08 per share. Board Change • Jun 17
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. 4 non-independent directors. Independent Director Chao Ruan was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Mar 31
Lingyi iTech (Guangdong) Company to Report Q1, 2026 Results on Apr 30, 2026 Lingyi iTech (Guangdong) Company announced that they will report Q1, 2026 results on Apr 30, 2026 Tillkännagivande • Dec 31
Lingyi iTech (Guangdong) Company to Report Fiscal Year 2025 Results on Mar 28, 2026 Lingyi iTech (Guangdong) Company announced that they will report fiscal year 2025 results on Mar 28, 2026 Tillkännagivande • Sep 30
Lingyi iTech (Guangdong) Company to Report Q3, 2025 Results on Oct 30, 2025 Lingyi iTech (Guangdong) Company announced that they will report Q3, 2025 results on Oct 30, 2025 Tillkännagivande • Sep 18
Lingyi iTech (Guangdong) Company Approves Interim Cash Dividend for the Year 2025 Lingyi iTech (Guangdong) Company at its Extraordinary General Meeting held on 16 September 2025, approved interim cash dividend/10 shares (tax included) of CNY 0.20000000 for the year 2025. Tillkännagivande • Sep 02
Lingyi Itech (Guangdong) Company Proposes Interim Cash Dividend for 2025 Lingyi iTech (Guangdong) Company at 3rd Extraordinary General Meeting of 2025 at 14:30 on 16 September 2025 proposed 2025 interim profit distribution plan. The detailed profit distribution plan are as follows: Cash dividend/10 shares (tax included) of CNY 0.20000000. Tillkännagivande • Jul 02
Lingyi iTech (Guangdong) Company to Report First Half, 2025 Results on Aug 30, 2025 Lingyi iTech (Guangdong) Company announced that they will report first half, 2025 results on Aug 30, 2025 Tillkännagivande • Apr 16
Lingyi iTech (Guangdong) Company (SZSE:002600) announces an Equity Buyback for CNY 400 million worth of its shares. Lingyi iTech (Guangdong) Company (SZSE:002600) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of shares. The price of the repurchased shares will not exceed CNY 13.18 per share. The purpose of this repurchase is employee stock ownership plan or equity incentive. The program will be funded from company's own funds and a special loan for the share repurchase. The program is valid for 12 months. Tillkännagivande • Apr 01
Lingyi iTech (Guangdong) Company Proposes Final Cash Dividend for the Year 2024 Lingyi iTech (Guangdong) Company announced on 31 March 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 0.20000000. Tillkännagivande • Mar 31
Lingyi iTech (Guangdong) Company to Report Q1, 2025 Results on Apr 29, 2025 Lingyi iTech (Guangdong) Company announced that they will report Q1, 2025 results on Apr 29, 2025 Tillkännagivande • Mar 29
Lingyi iTech (Guangdong) Company, Annual General Meeting, Apr 22, 2025 Lingyi iTech (Guangdong) Company, Annual General Meeting, Apr 22, 2025, at 14:30 China Standard Time. Location: 15F, Lingyi Building, Futian District, Shenzhen, Guangdong China Tillkännagivande • Dec 31
Lingyi iTech (Guangdong) Company to Report Fiscal Year 2024 Results on Mar 15, 2025 Lingyi iTech (Guangdong) Company announced that they will report fiscal year 2024 results on Mar 15, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.099 (vs CN¥0.09 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.099 (up from CN¥0.09 in 3Q 2023). Revenue: CN¥12.4b (up 32% from 3Q 2023). Net income: CN¥712.8m (up 15% from 3Q 2023). Profit margin: 5.8% (down from 6.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% 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, earnings per share has increased by 10% per year whereas the company’s share price has increased by 11% per year. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥8.44, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.38 per share. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥7.51, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.32 per share. Tillkännagivande • Sep 30
Lingyi iTech (Guangdong) Company to Report Q3, 2024 Results on Oct 31, 2024 Lingyi iTech (Guangdong) Company announced that they will report Q3, 2024 results on Oct 31, 2024 Buy Or Sell Opportunity • Sep 11
Now 21% undervalued Over the last 90 days, the stock has risen 25% to CN¥6.50. The fair value is estimated to be CN¥8.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 7.0%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 28% per annum over the same time period. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.09 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.032 (down from CN¥0.09 in 2Q 2023). Revenue: CN¥9.32b (up 15% from 2Q 2023). Net income: CN¥231.3m (down 62% from 2Q 2023). Profit margin: 2.5% (down from 7.4% in 2Q 2023). Revenue is forecast to grow 15% 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, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year. New Risk • Aug 21
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 9.1% 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 Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Aug 21
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 50% to CN¥7.16. The fair value is estimated to be CN¥5.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 22% per annum over the same time period. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥7.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 7.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.72 per share. New Risk • Jul 17
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 8.0% 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 (8.0% average weekly change). Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥6.64, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.92 per share. Buy Or Sell Opportunity • Jul 01
Now 38% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to CN¥6.81. The fair value is estimated to be CN¥4.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Tillkännagivande • Jun 29
Lingyi iTech (Guangdong) Company to Report First Half, 2024 Results on Aug 30, 2024 Lingyi iTech (Guangdong) Company announced that they will report first half, 2024 results on Aug 30, 2024 Buy Or Sell Opportunity • Jun 26
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to CN¥6.06. The fair value is estimated to be CN¥4.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥5.63, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.85 per share. Tillkännagivande • May 25
Lingyi iTech (Guangdong) Company Implements Final Cash Dividend on A Shares for 2023, Payable on 30 May 2024 Lingyi iTech (Guangdong) Company implemented final cash dividend on A shares of CNY 0.30000000 per 10 shares (tax included) for 2023. Record date: 29 May 2024. Ex-date: 30 May 2024. Payment date: 30 May 2024. Tillkännagivande • May 02
Lingyi Itech (Guangdong) Company Proposes Final Dividend for 2023 Lingyi iTech (Guangdong) Company announced on 30 April 2024 the profit distribution proposal for 2023 as follows: Final cash dividend/10 shares (tax included): CNY 0.30000000. Tillkännagivande • May 01
Lingyi iTech (Guangdong) Company, Annual General Meeting, May 20, 2024 Lingyi iTech (Guangdong) Company, Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 12F, Block B, Kingkey Timemark Square, Futian District, Shenzhen, Guangdong China Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: CN¥0.29 (vs CN¥0.23 in FY 2022) Full year 2023 results: EPS: CN¥0.29 (up from CN¥0.23 in FY 2022). Revenue: CN¥34.1b (down 1.0% from FY 2022). Net income: CN¥2.05b (up 28% from FY 2022). Profit margin: 6.0% (up from 4.6% in FY 2022). Revenue is forecast to grow 15% 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, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Mar 30
Lingyi iTech (Guangdong) Company to Report Q1, 2024 Results on Apr 30, 2024 Lingyi iTech (Guangdong) Company announced that they will report Q1, 2024 results on Apr 30, 2024 Tillkännagivande • Mar 12
Lingyi iTech (Guangdong) Company (SZSE:002600) announces an Equity Buyback for CNY 100 million worth of its shares. Lingyi iTech (Guangdong) Company (SZSE:002600) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of shares. The price of the repurchased shares will not exceed CNY 7.50 per share. The purpose of this repurchase is employee stock ownership plan or equity incentive. The program is valid for 12 months. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥5.26, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 49% over the past three years. Tillkännagivande • Dec 30
Lingyi iTech (Guangdong) Company to Report Fiscal Year 2023 Results on Apr 13, 2024 Lingyi iTech (Guangdong) Company announced that they will report fiscal year 2023 results on Apr 13, 2024 Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.094 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.09 (down from CN¥0.094 in 3Q 2022). Revenue: CN¥9.36b (down 5.1% from 3Q 2022). Net income: CN¥621.5m (down 17% from 3Q 2022). Profit margin: 6.6% (down from 7.5% in 3Q 2022). 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 20% growth forecast for the Electronic 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 23% per year, which means it is significantly lagging earnings. Tillkännagivande • Oct 13
Lingyi Itech (Guangdong) Company Announces Cash Dividend for the Year 2023, Payable on October 19, 2023 Lingyi Itech (Guangdong) Company Announces Cash dividend/10 shares (tax included): CNY 0.30000000 for 2023. Record date: 18 October 2023, Ex-date: 19 October 2023, Payment date: 19 October 2023. Tillkännagivande • Sep 30
Lingyi iTech (Guangdong) Company to Report Q3, 2023 Results on Oct 28, 2023 Lingyi iTech (Guangdong) Company announced that they will report Q3, 2023 results on Oct 28, 2023 Tillkännagivande • Sep 14
Lingyi Itech (Guangdong) Company Announces Cash Dividend for the Year 2023 Lingyi iTech (Guangdong) Company announced that 5th Extraordinary General Meeting of 2023 on 12 September 2023, Cash dividend/10 shares (tax included): CNY 0.30000000. Tillkännagivande • Aug 26
Lingyi Itech (Guangdong) Company Proposes Dividend First Half of 2023 Lingyi iTech (Guangdong) Company announced on 25 August 2023 the profit distribution proposal for the first half of 2023 as follows: Cash dividend/10 shares (tax included): CNY 0.30000000. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.029 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.09 (up from CN¥0.029 in 2Q 2022). Revenue: CN¥8.07b (up 4.3% from 2Q 2022). Net income: CN¥601.4m (up 233% from 2Q 2022). Profit margin: 7.4% (up from 2.3% in 2Q 2022). Revenue is forecast to grow 16% 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 2% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Jul 01
Lingyi Itech (Guangdong) Company Announces Final Cash Dividend on A Shares for the Year 2022, Payable on July 7, 2023 Lingyi iTech (Guangdong) Company announced final cash dividend of CNY 1.15501700 per 10 shares on A shares for the year 2022. Record date is July 6, 2023, Ex-Date is July 7, 2023 and Payment Date is July 7, 2023. Tillkännagivande • May 25
Lingyi Itech (Guangdong) Company Approves Dividend for 2022 Lingyi iTech (Guangdong) Company announced at the AGM held on May 22, 2023 that the company approved Cash dividend/10 shares (tax included) of CNY1.15000000 for 2022. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.04 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.09 (up from CN¥0.04 in 1Q 2022). Revenue: CN¥7.21b (up 2.1% from 1Q 2022). Net income: CN¥646.7m (up 115% from 1Q 2022). Profit margin: 9.0% (up from 4.3% in 1Q 2022). Revenue is forecast to grow 17% 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 fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than 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. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Jiancheng Liu was the last independent director to join the board, commencing their role in 2021. 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 30
Third quarter 2022 earnings released: EPS: CN¥0.094 (vs CN¥0.11 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.094 (down from CN¥0.11 in 3Q 2021). Revenue: CN¥9.86b (up 11% from 3Q 2021). Net income: CN¥744.7m (down 15% from 3Q 2021). Profit margin: 7.5% (down from 9.8% in 3Q 2021). Revenue is forecast to grow 15% 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 12% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 27
Second quarter 2022 earnings released: EPS: CN¥0.029 (vs CN¥0.01 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.029 (up from CN¥0.01 loss in 2Q 2021). Revenue: CN¥7.74b (up 23% from 2Q 2021). Net income: CN¥180.6m (up CN¥247.2m from 2Q 2021). Profit margin: 2.3% (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 12%, compared to a 27% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Board Change • Jun 26
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. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Jiancheng Liu was the last independent director to join the board, commencing their role in 2021. 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 • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.07 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.04 (down from CN¥0.07 in 1Q 2021). Revenue: CN¥7.06b (up 9.9% from 1Q 2021). Net income: CN¥300.8m (down 35% from 1Q 2021). Profit margin: 4.3% (down from 7.2% in 1Q 2021). Over the next year, revenue is forecast to grow 25%, compared to a 24% growth forecast for the 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 12% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 09
Full year 2021 earnings released: EPS: CN¥0.17 (vs CN¥0.33 in FY 2020) Full year 2021 results: EPS: CN¥0.17 (down from CN¥0.33 in FY 2020). Revenue: CN¥30.4b (up 8.0% from FY 2020). Net income: CN¥1.18b (down 48% from FY 2020). Profit margin: 3.9% (down from 8.1% in FY 2020). Over the next year, revenue is forecast to grow 26%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥8.21, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 197% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.12 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥8.89b (up 18% from 3Q 2020). Net income: CN¥873.1m (up 7.7% from 3Q 2020). Profit margin: 9.8% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 28
Second quarter 2021 earnings released: CN¥0.01 loss per share (vs CN¥0.075 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: CN¥6.31b (down 3.8% from 2Q 2020). Net loss: CN¥66.6m (down 112% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥7.73, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 100% over the past three years. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.01 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥6.43b (up 20% from 1Q 2020). Net income: CN¥463.1m (up CN¥398.2m from 1Q 2020). Profit margin: 7.2% (up from 1.2% 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 36% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.33 (vs CN¥0.28 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥28.1b (up 18% from FY 2019). Net income: CN¥2.27b (up 20% from FY 2019). Profit margin: 8.1% (up from 7.9% 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 8% per year whereas the company’s share price has increased by 6% per year. Is New 90 Day High Low • Mar 11
New 90-day low: CN¥9.65 The company is down 30% from its price of CN¥13.78 on 11 December 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 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.18 per share. Is New 90 Day High Low • Jan 22
New 90-day low: CN¥11.69 The company is down 6.0% from its price of CN¥12.48 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.19 per share. Is New 90 Day High Low • Dec 03
New 90-day high: CN¥14.40 The company is up 22% from its price of CN¥11.76 on 04 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed 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¥1.04 per share. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥1.24b, down 30% from the prior year. Total revenue was CN¥27.2b over the last 12 months, up 20% from the prior year. Tillkännagivande • Oct 20
Lingyi iTech (Guangdong) Company to Report Q3, 2020 Results on Oct 28, 2020 Lingyi iTech (Guangdong) Company announced that they will report Q3, 2020 results on Oct 28, 2020 Is New 90 Day High Low • Oct 12
New 90-day high: CN¥12.78 The company is up 4.0% from its price of CN¥12.30 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 Electronic industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.05 per share. Tillkännagivande • Jul 18
Lingyi iTech (Guangdong) Company to Report First Half, 2020 Results on Jul 31, 2020 Lingyi iTech (Guangdong) Company announced that they will report first half, 2020 results on Jul 31, 2020 
