Board Change • May 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Zhi Hua Dai was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 29
Hebei Sinopack Electronic Technology Co.,Ltd., Annual General Meeting, May 19, 2026 Hebei Sinopack Electronic Technology Co.,Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: No. 21, Changsheng Avenue, Luquan Economic Development Zone, Shijiazhuang, Hebei China Tillkännagivande • Mar 31
Hebei Sinopack Electronic Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Tillkännagivande • Jan 17
Hebei Sinopack Electronic Technology Co.,Ltd. Appoints Dai Zhihua as Non-Independent Director, Effective 15 January 2026 Hebei Sinopack Electronic Technology Co.,Ltd. at the EGM held on 15 January 2026 approved the appointment of Dai Zhihua as non-independent director. Tillkännagivande • Dec 31
Hebei Sinopack Electronic Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Tillkännagivande • Sep 30
Hebei Sinopack Electronic Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Tillkännagivande • Jul 02
Hebei Sinopack Electronic Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Tillkännagivande • Apr 25
Hebei Sinopack Electronic Technology Co.,Ltd., Annual General Meeting, May 15, 2025 Hebei Sinopack Electronic Technology Co.,Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: No. 21, Changsheng Avenue, Luquan Economic Development Zone, Shijiazhuang, Hebei China Tillkännagivande • Mar 31
Hebei Sinopack Electronic Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Tillkännagivande • Dec 31
Hebei Sinopack Electronic Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥60.09, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 10% over the past year. Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: CN¥0.35 (vs CN¥0.41 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.35 (down from CN¥0.41 in 3Q 2023). Revenue: CN¥664.1m (down 45% from 3Q 2023). Net income: CN¥156.9m (down 41% from 3Q 2023). Profit margin: 24% (up from 22% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥52.04, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 27x in the Electronic industry in China. Total loss to shareholders of 16% over the past year. Tillkännagivande • Sep 30
Hebei Sinopack Electronic Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥42.30, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 40% over the past year. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.15 in 2Q 2023). Revenue: CN¥674.4m (up 82% from 2Q 2023). Net income: CN¥129.7m (up 204% from 2Q 2023). Profit margin: 19% (up from 12% in 2Q 2023). 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 18% growth forecast for the Electronic industry in China. Tillkännagivande • Jun 29
Hebei Sinopack Electronic Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to CN¥44.80, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 65% over the past year. Tillkännagivande • Jun 06
Hebei Sinopack Electronic Technology Co.,Ltd. Announces Cash Dividend (A shares) for 2023, Payable June 11, 2024 Hebei Sinopack Electronic Technology Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included): CNY 3.90000000. Record date: June 7, 2024, Ex-date: June 11, 2024, Payment date: June 11, 2024. New Risk • May 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (23% accrual ratio). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). New Risk • May 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Profit margins are more than 30% lower than last year (10% net profit margin). New Risk • May 03
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: 10% Last year net profit margin: 18% 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 Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risk Profit margins are more than 30% lower than last year (10% net profit margin). Tillkännagivande • Apr 28
Hebei Sinopack Electronic Technology Co.,Ltd., Annual General Meeting, May 16, 2024 Hebei Sinopack Electronic Technology Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: No. 21, Changsheng Avenue, Luquan Economic Development Zone, Shijiazhuang, Hebei China Agenda: To approve 2023 work report of the board of directors; to approve 2023 work report of independent directors; to approve 2023 work report of the supervisory committee; to approve 2023 annual accounts report; to approve 2023 annual report and its summary; to approve Fund occupation by controlling shareholders and other related parties; to approve 2024 financial budget report; to approve 2024 estimated continuing connected transactions; to approve 2023 profit distribution plan; and to consider other matters. Tillkännagivande • Apr 27
Hebei Sinopack Electronic Technology Co.,Ltd. Proposes Final Dividend for the Year 2023 Hebei Sinopack Electronic Technology Co.,Ltd. announced on 26 April 2024 the profit distribution proposal for 2023 as follows: Final Cash dividend/10 shares (tax included): CNY 3.90000000. Tillkännagivande • Mar 30
Hebei Sinopack Electronic Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Mar 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Tillkännagivande • Dec 29
Hebei Sinopack Electronic Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Nov 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major 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: Major Risk Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. New Risk • Sep 24
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% 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: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (40% increase in shares outstanding). New Risk • Sep 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 40% 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 (6.9% average weekly change). Shareholders have been diluted in the past year (40% increase in shares outstanding). Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.20 in 2Q 2022). Revenue: CN¥371.4m (up 8.9% from 2Q 2022). Net income: CN¥42.7m (up 1.0% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Tillkännagivande • Jul 01
Hebei Sinopack Electronic Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 25, 2023 Hebei Sinopack Electronic Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 New Risk • Jun 20
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. This is currently the only risk that has been identified for the company.