Board Change • May 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Supervisor You Wei Ye was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 25
Guangdong Tecsun Science & Technology Co.,Ltd., Annual General Meeting, May 22, 2026 Guangdong Tecsun Science & Technology Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Tillkännagivande • Mar 31
Guangdong Tecsun Science & Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Guangdong Tecsun Science & Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Tillkännagivande • Dec 31
Guangdong Tecsun Science & Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Guangdong Tecsun Science & Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Tillkännagivande • Sep 30
Guangdong Tecsun Science & Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Guangdong Tecsun Science & Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Tillkännagivande • Jul 02
Guangdong Tecsun Science & Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Guangdong Tecsun Science & Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Tillkännagivande • Apr 26
Guangdong Tecsun Science & Technology Co.,Ltd., Annual General Meeting, May 16, 2025 Guangdong Tecsun Science & Technology Co.,Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Tillkännagivande • Mar 31
Guangdong Tecsun Science & Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Guangdong Tecsun Science & Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Tillkännagivande • Dec 31
Guangdong Tecsun Science & Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Guangdong Tecsun Science & Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Tillkännagivande • Dec 02
Guangdong Tecsun Science & Technology Co.,Ltd. (SZSE:002908) agreed to acquire an additional 24% stake in Beijing Golden Huaqin Data Service Co., Ltd. from Tibet Hua Qin Internet Technology Co., Ltd. for CNY 43.2 million. Guangdong Tecsun Science & Technology Co.,Ltd. (SZSE:002908) agreed to acquire an additional 24% stake in Beijing Golden Huaqin Data Service Co., Ltd. from Tibet Hua Qin Internet Technology Co., Ltd. for CNY 43.2 million on November 29, 2024. A cash consideration of CNY 43.2 million will be paid by Guangdong Tecsun Science & Technology Co.,Ltd. As part of consideration, CNY 43.2 million is paid towards common equity of Beijing Golden Huaqin Data Service Co., Ltd. Upon completion, Guangdong Tecsun Science & Technology Co.,Ltd. will own 75% stake in Beijing Golden Huaqin Data Service Co., Ltd.
As of September 30, 2024, Beijing Golden Huaqin Data Service Co., Ltd. reported total assets of CNY 157.25 million and total common equity of CNY 72.86 million.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.012 loss per share (vs CN¥0.015 profit in 3Q 2023) Third quarter 2024 results: CN¥0.012 loss per share (down from CN¥0.015 profit in 3Q 2023). Revenue: CN¥124.2m (down 23% from 3Q 2023). Net loss: CN¥5.01m (down 177% from profit in 3Q 2023). Tillkännagivande • Sep 30
Guangdong Tecsun Science & Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Guangdong Tecsun Science & Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: CN¥0.017 (vs CN¥0.068 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.017 (down from CN¥0.068 in 2Q 2023). Revenue: CN¥138.2m (down 37% from 2Q 2023). Net income: CN¥7.09m (down 76% from 2Q 2023). Profit margin: 5.1% (down from 13% in 2Q 2023). The decrease in margin was driven by lower revenue. Buy Or Sell Opportunity • Jul 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to CN¥7.54. The fair value is estimated to be CN¥9.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Tillkännagivande • Jun 29
Guangdong Tecsun Science & Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Guangdong Tecsun Science & Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Tillkännagivande • May 29
Guangdong Tecsun Science & Technology Co.,Ltd. Approves Board Elections Guangdong Tecsun Science & Technology Co.,Ltd. at its EGM held on May 24, 2024 approved election of Zhang Ying, Wang Xiaoli, Xiao Lei and Deng Rongfei as non-independent director and Wang Danzhou as independent director. Tillkännagivande • May 25
Guangdong Tecsun Science & Technology Co.,Ltd. Announces Cash Final Dividend on A Shares for 2023, Payable on 31 May 2024 Guangdong Tecsun Science & Technology Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.50000000. Record date: 30 May 2024. Ex-date: 31 May 2024. Payment date: 31 May 2024. Reported Earnings • Apr 22
Full year 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.27 in FY 2022) Full year 2023 results: EPS: CN¥0.17 (down from CN¥0.27 in FY 2022). Revenue: CN¥842.5m (down 6.9% from FY 2022). Net income: CN¥73.1m (down 36% from FY 2022). Profit margin: 8.7% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Tillkännagivande • Apr 21
Guangdong Tecsun Science & Technology Co.,Ltd., Annual General Meeting, May 17, 2024 Guangdong Tecsun Science & Technology Co.,Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥8.02, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 34x in the Electronic industry in China. Tillkännagivande • Mar 30
Guangdong Tecsun Science & Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Guangdong Tecsun Science & Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Buy Or Sell Opportunity • Mar 25
Now 21% overvalued Over the last 90 days, the stock has fallen 16% to CN¥11.50. The fair value is estimated to be CN¥9.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 13%. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥8.93, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 34x in the Electronic industry in China. New Risk • Jan 31
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 8.0% 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 (8.0% average weekly change). Minor Risk Dividend is not well covered by cash flows (109% cash payout ratio). Buy Or Sell Opportunity • Jan 25
Now 20% overvalued Over the last 90 days, the stock has fallen 1.1% to CN¥10.51. The fair value is estimated to be CN¥8.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 13%. Reported Earnings • Jan 06
Third quarter 2023 earnings released: EPS: CN¥0.015 (vs CN¥0.055 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.015 (down from CN¥0.055 in 3Q 2022). Revenue: CN¥161.3m (down 28% from 3Q 2022). Net income: CN¥6.53m (down 73% from 3Q 2022). Profit margin: 4.0% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Tillkännagivande • Dec 29
Guangdong Tecsun Science & Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Guangdong Tecsun Science & Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 New Risk • Nov 14
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 6.4% 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 (6.4% average weekly change). Board Change • Jun 15
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. 6 non-independent directors. Independent Director Yu Fu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
