New Risk • Jun 03
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 26% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in FY 2024) Full year 2025 results: EPS: CN¥0.12 (up from CN¥0.10 in FY 2024). Revenue: CN¥553.0m (down 8.0% from FY 2024). Net income: CN¥21.1m (up 16% from FY 2024). Profit margin: 3.8% (up from 3.0% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Tillkännagivande • Apr 28
NOVA Technology Corporation Limited, Annual General Meeting, May 19, 2026 NOVA Technology Corporation Limited, Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China New Risk • Apr 22
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 9.8% 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 Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 26% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Tillkännagivande • Mar 31
NOVA Technology Corporation Limited to Report Q1, 2026 Results on Apr 28, 2026 NOVA Technology Corporation Limited announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Feb 12
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 7.6% 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 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Dec 31
NOVA Technology Corporation Limited to Report Fiscal Year 2025 Results on Apr 28, 2026 NOVA Technology Corporation Limited announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.056 (vs CN¥0.002 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.056 (up from CN¥0.002 loss in 3Q 2024). Revenue: CN¥139.2m (up 1.5% from 3Q 2024). Net income: CN¥12.0m (up CN¥12.4m from 3Q 2024). Profit margin: 8.7% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Tillkännagivande • Sep 30
NOVA Technology Corporation Limited to Report Q3, 2025 Results on Oct 30, 2025 NOVA Technology Corporation Limited announced that they will report Q3, 2025 results on Oct 30, 2025 Tillkännagivande • Jul 02
NOVA Technology Corporation Limited to Report First Half, 2025 Results on Aug 28, 2025 NOVA Technology Corporation Limited announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • Jun 13
Dividend reduced to CN¥0.10 Dividend of CN¥0.10 is 50% lower than last year. Ex-date: 17th June 2025 Payment date: 17th June 2025 Dividend yield will be 0.3%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (64% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 30% to shift the payout ratio to a potentially unsustainable range, which is more than the 27% EPS decline seen over the last 5 years. Tillkännagivande • Apr 25
NOVA Technology Corporation Limited Announces Final Cash Dividend Proposal for 2024 NOVA Technology Corporation Limited announced on 24 April 2025 the profit distribution proposal for 2024 as follows: Final Cash dividend (tax included): CNY 1.00000000 per 10 shares. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.01 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.03 (up from CN¥0.01 in 1Q 2024). Revenue: CN¥131.3m (down 23% from 1Q 2024). Net income: CN¥3.33m (up 175% from 1Q 2024). Profit margin: 2.5% (up from 0.7% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Tillkännagivande • Apr 24
NOVA Technology Corporation Limited, Annual General Meeting, May 15, 2025 NOVA Technology Corporation Limited, Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company Headquarters' Meeting Room, Shenzhen, Guangdong China Tillkännagivande • Mar 31
NOVA Technology Corporation Limited to Report Q1, 2025 Results on Apr 24, 2025 NOVA Technology Corporation Limited announced that they will report Q1, 2025 results on Apr 24, 2025 Tillkännagivande • Dec 31
NOVA Technology Corporation Limited to Report Fiscal Year 2024 Results on Apr 24, 2025 NOVA Technology Corporation Limited announced that they will report fiscal year 2024 results on Apr 24, 2025 New Risk • Dec 19
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 14% 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Paying a dividend despite having no free cash flows. Earnings have declined by 21% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.002 loss per share (vs CN¥0.006 loss in 3Q 2023) Third quarter 2024 results: CN¥0.002 loss per share (improved from CN¥0.006 loss in 3Q 2023). Revenue: CN¥137.2m (down 6.5% from 3Q 2023). Net loss: CN¥396.6k (loss narrowed 50% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Sep 30
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 8.7% 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 Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Paying a dividend despite having no free cash flows. Earnings have declined by 20% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (4.3% net profit margin). Tillkännagivande • Sep 30
NOVA Technology Corporation Limited to Report Q3, 2024 Results on Oct 30, 2024 NOVA Technology Corporation Limited announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.06 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.04 (down from CN¥0.06 in 2Q 2023). Revenue: CN¥137.7m (down 3.7% from 2Q 2023). Net income: CN¥4.94m (down 33% from 2Q 2023). Profit margin: 3.6% (down from 5.1% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Aug 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 7.2% 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 Risks Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (4.7% net profit margin). Tillkännagivande • Jun 29
NOVA Technology Corporation Limited to Report First Half, 2024 Results on Aug 28, 2024 NOVA Technology Corporation Limited announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 31
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 4th June 2024 Payment date: 4th June 2024 Dividend yield will be 1.1%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 4.7% to shift the payout ratio to a potentially unsustainable range, which is less than the 16% EPS decline seen over the last 5 years. New Risk • May 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 27% 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 Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (4.7% net profit margin). Tillkännagivande • Apr 26
NOVA Technology Corporation Limited, Annual General Meeting, May 16, 2024 NOVA Technology Corporation Limited, Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company Headquarters' Meeting Room, Shenzhen, Guangdong China Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.07 in 1Q 2023). Revenue: CN¥171.4m (up 23% from 1Q 2023). Net income: CN¥1.21m (down 87% from 1Q 2023). Profit margin: 0.7% (down from 6.5% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 30
NOVA Technology Corporation Limited to Report Q1, 2024 Results on Apr 25, 2024 NOVA Technology Corporation Limited announced that they will report Q1, 2024 results on Apr 25, 2024 New Risk • Mar 27
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 11% 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 11% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (105% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.2% net profit margin). New Risk • Feb 05
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 7.0% 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: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (105% payout ratio). Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.2% net profit margin). Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to CN¥13.90, the stock trades at a trailing P/E ratio of 72.4x. Average trailing P/E is 15x in the Telecom industry in Asia. Total loss to shareholders of 32% over the past three years. Tillkännagivande • Dec 29
NOVA Technology Corporation Limited to Report Fiscal Year 2023 Results on Apr 25, 2024 NOVA Technology Corporation Limited announced that they will report fiscal year 2023 results on Apr 25, 2024 Board Change • Nov 23
High number of new directors Independent Director Jie Mao was the last director to join the board, commencing their role in 2023. Tillkännagivande • Nov 15
NOVA Technology Corporation Limited Approves Board Electionss NOVA Technology Corporation Limited at its EGM held on November 13, 2023 approved election of Mao Jie and Zhang Fan as independent directors. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.006 loss per share (vs CN¥0.13 profit in 3Q 2022) Third quarter 2023 results: CN¥0.006 loss per share (down from CN¥0.13 profit in 3Q 2022). Revenue: CN¥146.7m (up 7.3% from 3Q 2022). Net loss: CN¥788.8k (down 105% from profit in 3Q 2022). New Risk • Aug 09
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: 7.4% Last year net profit margin: 11% 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 7.5% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.4% net profit margin). Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.13 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.06 (down from CN¥0.13 in 2Q 2022). Revenue: CN¥142.9m (up 2.3% from 2Q 2022). Net income: CN¥7.35m (down 57% from 2Q 2022). Profit margin: 5.1% (down from 12% in 2Q 2022). Tillkännagivande • Jul 01
NOVA Technology Corporation Limited to Report First Half, 2023 Results on Aug 09, 2023 NOVA Technology Corporation Limited announced that they will report first half, 2023 results on Aug 09, 2023 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥28.80, the stock trades at a trailing P/E ratio of 71.6x. Average trailing P/E is 287x in the Telecom industry in China. Total returns to shareholders of 49% over the past year. Tillkännagivande • Jun 02
NOVA Technology Corporation Limited Announces Cash Dividend on A Shares for 2022, Payable on 07 June 2023 NOVA Technology Corporation Limited announced Cash dividend/10 shares (tax included) of CNY 2.00000000 on A shares for 2022. Record date is 06 June 2023. Ex-date is 07 June 2023. Payment date is 07 June 2023. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥20.18, the stock trades at a trailing P/E ratio of 50.2x. Average trailing P/E is 141x in the Telecom industry in China. Total returns to shareholders of 21% over the past year. Reported Earnings • Apr 22
First quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.10 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.10 in 1Q 2022). Revenue: CN¥139.5m (up 9.0% from 1Q 2022). Net income: CN¥9.00m (down 33% from 1Q 2022). Profit margin: 6.5% (down from 11% in 1Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥26.28, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 17x in the Telecom industry in Asia. Total loss to shareholders of 19% over the past year. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. Non-Employee Supervisor Tiezhu Guo is the most experienced director on the board, commencing their role in 2022. 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 25
Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.14 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.13 (down from CN¥0.14 in 3Q 2021). Revenue: CN¥136.7m (down 9.2% from 3Q 2021). Net income: CN¥17.1m (down 6.2% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥19.54, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 17x in the Telecom industry in Asia. Negligible returns to shareholders over past year. Tillkännagivande • Sep 23
NOVA Technology Corporation Limited (SZSE:300921) announces an Equity Buyback for CNY 60 million worth of its shares. NOVA Technology Corporation Limited (SZSE:300921) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price of CNY 28.44 per share. The purpose of the program is ESOP or equity incentives. The plan will be valid for 12 months. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.10 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.13 (up from CN¥0.10 in 2Q 2021). Revenue: CN¥139.7m (up 1.8% from 2Q 2021). Net income: CN¥17.1m (up 24% from 2Q 2021). Profit margin: 12% (up from 10% in 2Q 2021). Tillkännagivande • Aug 10
Nova Technology Corporation Limited Announces Management Appointments NOVA Technology Corporation Limited announced at the EGM held on August 8, 2022 that the company approved election of Liu Qing as non-independent director; Chen Yongming, Zhang Jianbin, Wang Hairong as independent directors and Qiu Zhiqiang and Guo Tiezhu as non-employee supervisors. Tillkännagivande • May 21
NOVA Technology Corporation Limited Announces Implementation of 2021 Final Cash Dividend, Payable on 26 May 2022 NOVA Technology Corporation Limited announced 2021 final profit distribution plan to be implemented (A shares) as cash dividend (tax included) of CNY 2.30000000 per ten shares. The record date is 25 May 2022, ex- date is 26 May 2022, and payment date is 26 May 2022. Tillkännagivande • May 20
NOVA Technology Corporation Limited Approves Final Cash Dividend for the Year 2021 NOVA Technology Corporation Limited announced that at its Annual General Meeting of 2021 held on 17 May 2022, approved final Cash dividend/10 shares (tax included) of CNY 2.30000000 for the year 2021. Tillkännagivande • Apr 27
NOVA Technology Corporation Limited Proposes Final Cash Dividend for the Year 2021 NOVA Technology Corporation Limited proposed final cash dividend/10 shares (tax included) of CNY 2.30000000 for the year 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.13 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.13 in 1Q 2021). Revenue: CN¥128.0m (flat on 1Q 2021). Net income: CN¥13.4m (down 20% from 1Q 2021). Profit margin: 11% (down from 13% in 1Q 2021). Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥27.63, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 63x in the Telecom industry in China. Total returns to shareholders of 32% over the past year. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 27% share price gain to CN¥34.68, the stock trades at a trailing P/E ratio of 65x. Average trailing P/E is 61x in the Telecom industry in China. Total returns to shareholders of 58% over the past year. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥25.25, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 67x in the Telecom industry in China. Total returns to shareholders of 13% over the past year. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.14 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¥150.5m (up 26% from 3Q 2020). Net income: CN¥18.2m (up 33% from 3Q 2020). Profit margin: 12% (in line with 3Q 2020). Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.20 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥137.2m (up 9.5% from 2Q 2020). Net income: CN¥13.8m (down 31% from 2Q 2020). Profit margin: 10% (down from 16% in 2Q 2020). The decrease in margin was driven by higher expenses. Tillkännagivande • May 29
NOVA Technology Corporation Limited Announces Final Cash Dividend for 2020, Payable on 3 June 2021 NOVA Technology Corporation Limited announced final cash dividend of CNY 8.00 per ten A shares (tax included) for 2020, payable on 3 June 2021. The record date is 2June 2021 and ex-date is 3 June 2021. Reported Earnings • Apr 21
Full year 2020 earnings released: EPS CN¥1.39 (vs CN¥1.31 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥495.0m (down 1.4% from FY 2019). Net income: CN¥76.1m (up 5.8% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by lower expenses. Tillkännagivande • Mar 09
NOVA Technology Corporation Limited to Report Fiscal Year 2020 Results on Apr 21, 2021 NOVA Technology Corporation Limited announced that they will report fiscal year 2020 results on Apr 21, 2021 Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥45.18, the stock is trading at a trailing P/E ratio of 31.8x, up from the previous P/E ratio of 27.4x. This compares to an average P/E of 38x in the Telecom industry in China. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥37.86, the stock is trading at a trailing P/E ratio of 25.9x, down from the previous P/E ratio of 31.9x. This compares to an average P/E of 43x in the Telecom industry in China.