Declared Dividend • Jul 01
Dividend increased to CN¥0.02 Dividend of CN¥0.02 is 100% higher than last year. Ex-date: 3rd July 2026 Payment date: 3rd July 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 12% to shift the payout ratio to a potentially unsustainable range, which is less than the 21% EPS decline seen over the last 5 years. Tillkännagivande • Jun 30
Sumavision Technologies Co.,Ltd. to Report First Half, 2026 Results on Aug 22, 2026 Sumavision Technologies Co.,Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 New Risk • May 26
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 37% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Board Change • May 20
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. 8 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Renjun Zhang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Apr 17
Sumavision Technologies Co.,Ltd., Annual General Meeting, May 08, 2026 Sumavision Technologies Co.,Ltd., Annual General Meeting, May 08, 2026, at 13:30 China Standard Time. Location: Building 1, No. 15, Kaituo Road, Shangdi Information Industry Base, Haidian District, Beijing China Tillkännagivande • Mar 31
Sumavision Technologies Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Sumavision Technologies Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Tillkännagivande • Dec 31
Sumavision Technologies Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Sumavision Technologies Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Tillkännagivande • Sep 30
Sumavision Technologies Co.,Ltd. to Report Q3, 2025 Results on Oct 24, 2025 Sumavision Technologies Co.,Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 Tillkännagivande • Jul 02
Sumavision Technologies Co.,Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Sumavision Technologies Co.,Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Tillkännagivande • Apr 19
Sumavision Technologies Co.,Ltd. Proposes Final Cash Dividend for the Year 2024 Sumavision Technologies Co.,Ltd. proposed final cash dividend/10 shares (tax included) of CNY 0.10000000 for the year 2024. Tillkännagivande • Apr 18
Sumavision Technologies Co.,Ltd., Annual General Meeting, May 09, 2025 Sumavision Technologies Co.,Ltd., Annual General Meeting, May 09, 2025, at 13:30 China Standard Time. Location: 4F, Block AB, Building 4, No. 8, Dongbeiwang West Road, Haidian District, Beijing China Tillkännagivande • Mar 31
Sumavision Technologies Co.,Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Sumavision Technologies Co.,Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Tillkännagivande • Dec 31
Sumavision Technologies Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Sumavision Technologies Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.01 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.016 (up from CN¥0.01 in 3Q 2023). Revenue: CN¥161.1m (up 6.6% from 3Q 2023). Net income: CN¥21.7m (up 53% from 3Q 2023). Profit margin: 14% (up from 9.4% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Tillkännagivande • Sep 30
Sumavision Technologies Co.,Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Sumavision Technologies Co.,Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 New Risk • Sep 13
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 6.7% 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 Earnings have declined by 2.1% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Aug 23
Second quarter 2024 earnings released: CN¥0.004 loss per share (vs CN¥0.008 profit in 2Q 2023) Second quarter 2024 results: CN¥0.004 loss per share (down from CN¥0.008 profit in 2Q 2023). Revenue: CN¥111.2m (down 42% from 2Q 2023). Net loss: CN¥6.31m (down 156% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Aug 15
Now 22% overvalued Over the last 90 days, the stock has fallen 9.6% to CN¥4.15. The fair value is estimated to be CN¥3.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.7% over the last 3 years. Earnings per share has declined by 34%. Declared Dividend • Jun 29
Dividend of CN¥0.01 announced Shareholders will receive a dividend of CN¥0.01. Ex-date: 5th July 2024 Payment date: 5th July 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 92%. Cash payout ratio: 8%. Tillkännagivande • Jun 29
Sumavision Technologies Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Sumavision Technologies Co.,Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Tillkännagivande • May 12
Sumavision Technologies Co.,Ltd. Approves Cash Dividend for the Year 2023 Sumavision Technologies Co.,Ltd. announced that at its AGM held on 9 May 2024, the shareholders approved 2023 profit distribution plan: cash dividend/10 shares (tax included) of CNY 0.10000000. New Risk • Apr 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 57% 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin). Tillkännagivande • Apr 19
Sumavision Technologies Co.,Ltd., Annual General Meeting, May 09, 2024 Sumavision Technologies Co.,Ltd., Annual General Meeting, May 09, 2024, at 13:30 China Standard Time. Location: 4F, Tower A and B, Building 4, No. 8, Dongbeiwang West Road, Haidian District, Beijing China Reported Earnings • Apr 19
Full year 2023 earnings released: EPS: CN¥0.013 (vs CN¥0.078 in FY 2022) Full year 2023 results: EPS: CN¥0.013 (down from CN¥0.078 in FY 2022). Revenue: CN¥705.2m (down 36% from FY 2022). Net income: CN¥18.6m (down 83% from FY 2022). Profit margin: 2.6% (down from 10% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Tillkännagivande • Mar 30
Sumavision Technologies Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Sumavision Technologies Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 New Risk • Feb 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 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: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.4% net profit margin). Buy Or Sell Opportunity • Feb 06
Now 29% overvalued Over the last 90 days, the stock has fallen 37% to CN¥3.76. The fair value is estimated to be CN¥2.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥3.91, the stock trades at a trailing P/E ratio of 78.2x. Average trailing P/E is 39x in the Communications industry in China. Total returns to shareholders of 8.1% over the past three years. Tillkännagivande • Dec 30
Sumavision Technologies Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 18, 2024 Sumavision Technologies Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 18, 2024 New Risk • Oct 23
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 6.1% 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 (6.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.4% net profit margin). Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: CN¥0.01 (vs CN¥0.018 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.01 (down from CN¥0.018 in 3Q 2022). Revenue: CN¥151.2m (down 33% from 3Q 2022). Net income: CN¥14.2m (down 45% from 3Q 2022). Profit margin: 9.4% (down from 11% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year. Tillkännagivande • Sep 30
Sumavision Technologies Co.,Ltd. to Report Q3, 2023 Results on Oct 20, 2023 Sumavision Technologies Co.,Ltd. announced that they will report Q3, 2023 results on Oct 20, 2023 Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.008 (vs CN¥0.032 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.008 (down from CN¥0.032 in 2Q 2022). Revenue: CN¥190.3m (down 26% from 2Q 2022). Net income: CN¥11.3m (down 76% from 2Q 2022). Profit margin: 5.9% (down from 18% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 01
Sumavision Technologies Co.,Ltd. to Report First Half, 2023 Results on Aug 25, 2023 Sumavision Technologies Co.,Ltd. announced that they will report first half, 2023 results on Aug 25, 2023 Tillkännagivande • Jun 28
Sumavision Technologies Co.,Ltd. Announces Implementation of Final Profit Distribution Plan (A Shares) for 2022, Payable on 04 July 2023 Sumavision Technologies Co.,Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.09979100. Record date: 03 July 2023, Ex-date: 04 July 2023, Payment date: 04 July 2023. Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: CN¥0.078 (vs CN¥0.073 in FY 2021) Full year 2022 results: EPS: CN¥0.078 (up from CN¥0.073 in FY 2021). Revenue: CN¥1.10b (up 6.7% from FY 2021). Net income: CN¥111.4m (up 6.3% from FY 2021). Profit margin: 10% (in line with FY 2021). Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥5.96, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 22x in the Communications industry in China. Total loss to shareholders of 2.1% over the past three years. Board Change • Nov 16
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Chairman & GM Haitao Zheng is the most experienced director on the board, commencing their role in 2007. Independent Director Renjun Zhang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.018 (vs CN¥0.003 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.018 (up from CN¥0.003 in 3Q 2021). Revenue: CN¥226.9m (down 5.0% from 3Q 2021). Net income: CN¥25.6m (up CN¥21.8m from 3Q 2021). Profit margin: 11% (up from 1.6% in 3Q 2021). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.032 (vs CN¥0.04 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.032 (down from CN¥0.04 in 2Q 2021). Revenue: CN¥256.5m (down 3.1% from 2Q 2021). Net income: CN¥46.7m (down 19% from 2Q 2021). Profit margin: 18% (down from 22% in 2Q 2021). Over the next year, revenue is forecast to grow 40%, compared to a 33% growth forecast for the Communications 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 2% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. 2 highly experienced directors. Chairman & GM Haitao Zheng is the most experienced director on the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 13
Full year 2021 earnings released: EPS: CN¥0.073 (vs CN¥0.054 in FY 2020) Full year 2021 results: EPS: CN¥0.073 (up from CN¥0.054 in FY 2020). Revenue: CN¥1.03b (up 4.2% from FY 2020). Net income: CN¥104.8m (up 37% from FY 2020). Profit margin: 10% (up from 7.8% in FY 2020). Over the next year, revenue is forecast to grow 85%, compared to a 32% 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 7% per year, which means it is significantly lagging earnings. Board Change • Nov 17
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. 2 highly experienced directors. CFO, Deputy GM & Director Peng Cheng Sun is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS CN¥0.003 (vs CN¥0.022 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥238.9m (down 6.4% from 3Q 2020). Net income: CN¥3.73m (down 88% from 3Q 2020). Profit margin: 1.6% (down from 12% in 3Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.023 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥264.6m (up 9.1% from 2Q 2020). Net income: CN¥57.6m (up 76% from 2Q 2020). Profit margin: 22% (up from 14% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥4.80, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 42x in the Communications industry in China. Total returns to shareholders of 7.1% over the past three years. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.009 (vs CN¥0.02 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥208.5m (up 35% from 1Q 2020). Net income: CN¥12.1m (up CN¥40.2m from 1Q 2020). Profit margin: 5.8% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥4.04 The company is down 31% from its price of CN¥5.83 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥4.66 The company is down 9.0% from its price of CN¥5.11 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period. Is New 90 Day High Low • Dec 05
New 90-day low: CN¥5.01 The company is down 18% from its price of CN¥6.08 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. Reported Earnings • Oct 26
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥46.5m, down 22% from the prior year. Total revenue was CN¥967.7m over the last 12 months, down 24% from the prior year. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥46.5m, down 22% from the prior year. Total revenue was CN¥967.7m over the last 12 months, down 24% from the prior year. 
