New Risk • Jul 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 9.2% 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 Risk Earnings have declined by 60% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). Duyuru • Jun 30
Flying Technology Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026 Flying Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 Reported Earnings • Apr 28
Full year 2025 earnings released: CN¥0.58 loss per share (vs CN¥0.03 profit in FY 2024) Full year 2025 results: CN¥0.58 loss per share (down from CN¥0.03 profit in FY 2024). Revenue: CN¥524.7m (up 12% from FY 2024). Net loss: CN¥168.4m (down CN¥178.3m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Duyuru • Apr 28
Flying Technology Co., Ltd., Annual General Meeting, May 18, 2026 Flying Technology Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China Duyuru • Mar 30
Flying Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Flying Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Jan 27
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 7.5% 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 40% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Duyuru • Dec 26
Flying Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Flying Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.071 loss per share (vs CN¥0.051 loss in 3Q 2024) Third quarter 2025 results: CN¥0.071 loss per share. Revenue: CN¥88.6m (down 1.7% from 3Q 2024). Net loss: CN¥18.1m (flat on 3Q 2024). Duyuru • Sep 30
Flying Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Flying Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 27
Second quarter 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.018 loss in 2Q 2024) Second quarter 2025 results: CN¥0.07 loss per share (further deteriorated from CN¥0.018 loss in 2Q 2024). Revenue: CN¥83.6m (up 14% from 2Q 2024). Net loss: CN¥21.1m (loss widened CN¥17.6m from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. New Risk • Jul 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 7.5% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 471% Dividend per share is over 7x cash flows per share. Earnings have declined by 26% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Declared Dividend • Jul 06
Dividend reduced to CN¥0.03 Dividend of CN¥0.03 is 85% lower than last year. Ex-date: 7th July 2025 Payment date: 7th July 2025 Dividend yield will be 0.4%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (471% earnings payout ratio) nor is it covered by cash flows (dividend approximately 7x free cash flows). The dividend has increased by an average of 4.9% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 424% to bring the payout ratio under control. However, EPS has declined by 26% over the last 5 years so the company would need to reverse this trend. Duyuru • Jun 30
Flying Technology Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Flying Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Reported Earnings • May 05
Full year 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.28 in FY 2023) Full year 2024 results: EPS: CN¥0.03 (down from CN¥0.28 in FY 2023). Revenue: CN¥469.1m (down 6.8% from FY 2023). Net income: CN¥9.96m (down 88% from FY 2023). Profit margin: 2.1% (down from 16% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • Apr 30
Flying Technology Co., Ltd., Annual General Meeting, May 20, 2025 Flying Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China Duyuru • Mar 28
Flying Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Flying Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Buy Or Sell Opportunity • Mar 20
Now 21% overvalued Over the last 90 days, the stock has fallen 6.0% to CN¥8.41. The fair value is estimated to be CN¥6.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 15%. Duyuru • Dec 27
Flying Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 Flying Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 Buy Or Sell Opportunity • Dec 05
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to CN¥9.39. The fair value is estimated to be CN¥7.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 15%. Buy Or Sell Opportunity • Nov 07
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to CN¥9.33. The fair value is estimated to be CN¥7.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 14%. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥8.63, the stock trades at a trailing P/E ratio of 53.8x. Average trailing P/E is 32x in the Machinery industry in China. Total returns to shareholders of 26% over the past three years. Duyuru • Sep 30
Flying Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Flying Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥8.32, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 29x in the Machinery industry in China. Total returns to shareholders of 31% over the past three years. Buy Or Sell Opportunity • Jul 01
Now 22% overvalued Over the last 90 days, the stock has fallen 28% to CN¥6.79. The fair value is estimated to be CN¥5.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 16%. Duyuru • Jun 28
Flying Technology Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Flying Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Buy Or Sell Opportunity • Jun 25
Now 21% overvalued Over the last 90 days, the stock has fallen 26% to CN¥6.72. The fair value is estimated to be CN¥5.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 16%. Duyuru • Jun 13
Flying Technology Co., Ltd. (SHSE:603488) agreed to acquire additional 30.79% stake in Beijing LinkVic Technology Co., Ltd. Flying Technology Co., Ltd. (SHSE:603488) agreed to acquire additional 30.79% stake in Beijing LinkVic Technology Co., Ltd. on June 11, 2024.The deal has been approved by shareholders of Beijing LinkVic Technology Co., Ltd. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.05 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.03 (down from CN¥0.05 in 1Q 2023). Revenue: CN¥73.2m (down 18% from 1Q 2023). Net income: CN¥8.06m (down 49% from 1Q 2023). Profit margin: 11% (down from 18% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • Apr 20
Flying Technology Co., Ltd., Annual General Meeting, May 13, 2024 Flying Technology Co., Ltd., Annual General Meeting, May 13, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China Buy Or Sell Opportunity • Apr 17
Now 27% overvalued Over the last 90 days, the stock has fallen 21% to CN¥8.03. The fair value is estimated to be CN¥6.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 23%. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥7.30, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 30x in the Machinery industry in China. Negligible returns to shareholders over past three years. Duyuru • Mar 29
Flying Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Flying Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.14 in FY 2022) Full year 2023 results: EPS: CN¥0.28 (up from CN¥0.14 in FY 2022). Revenue: CN¥503.4m (flat on FY 2022). Net income: CN¥81.7m (up 97% from FY 2022). Profit margin: 16% (up from 8.3% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥8.08, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 26x in the Machinery industry in China. Total returns to shareholders of 5.4% over the past three years. 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¥8.15, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 26x in the Machinery industry in China. Total returns to shareholders of 18% over the past three years. Duyuru • Dec 29
Flying Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 28, 2024 Flying Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 28, 2024 Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥11.35, the stock trades at a trailing P/E ratio of 61.1x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 6.9% over the past three years. New Risk • Nov 22
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 6.3% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 111% Paying a dividend despite having no free cash flows. Earnings have declined by 7.8% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change). Board Change • Nov 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Rong Liu was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Duyuru • Nov 18
Flying Technology Plans to Buy A Beijing-Based Software Firm Flying Technology Co., Ltd. (SHSE:603488) said it plans to buy a Beijing-based software firm which main product is virtual reality training system via cash, share issue. The company said trading in shares to resume on November 20. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.07 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.06 (down from CN¥0.07 in 3Q 2022). Revenue: CN¥123.3m (down 11% from 3Q 2022). Net income: CN¥17.0m (down 17% from 3Q 2022). Profit margin: 14% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% 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. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.081 (vs CN¥0.08 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.081 (up from CN¥0.08 in 2Q 2022). Revenue: CN¥146.4m (up 2.4% from 2Q 2022). Net income: CN¥23.6m (up 4.2% from 2Q 2022). Profit margin: 16% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Duyuru • Jun 28
Flying Technology Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Flying Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.05 (vs CN¥0.002 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.05 (up from CN¥0.002 in 1Q 2022). Revenue: CN¥89.4m (up 33% from 1Q 2022). Net income: CN¥15.8m (up CN¥15.4m from 1Q 2022). Profit margin: 18% (up from 0.7% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Board Change • Nov 16
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. 12 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . 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 31
Third quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.05 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.05 in 3Q 2021). Revenue: CN¥139.1m (up 6.1% from 3Q 2021). Net income: CN¥20.5m (up 32% from 3Q 2021). Profit margin: 15% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.086 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.08 (down from CN¥0.086 in 2Q 2021). Revenue: CN¥143.0m (up 2.3% from 2Q 2021). Net income: CN¥22.6m (down 18% from 2Q 2021). Profit margin: 16% (down from 20% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.002 (vs CN¥0.04 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.002 (down from CN¥0.04 in 1Q 2021). Revenue: CN¥67.2m (down 8.2% from 1Q 2021). Net income: CN¥441.3k (down 96% from 1Q 2021). Profit margin: 0.7% (down from 15% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥6.50, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 26x in the Machinery industry in China. Total returns to shareholders of 8.5% over the past three years. Board Change • Apr 27
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. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥9.48, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥7.99, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 38x in the Machinery industry in China. Total returns to shareholders of 66% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.05 (vs CN¥0.099 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥131.1m (up 9.1% from 3Q 2020). Net income: CN¥15.6m (down 46% from 3Q 2020). Profit margin: 12% (down from 24% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 15% per year. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥8.17, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 35x in the Machinery industry in China. Total returns to shareholders of 65% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.086 (vs CN¥0.11 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¥139.8m (up 21% from 2Q 2020). Net income: CN¥27.4m (down 22% from 2Q 2020). Profit margin: 20% (down from 31% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 03
Qingdao Silicon Valley Paradise Hongtan Investment Co., Ltd. signed an agreement to acquire an additional 5.34% stake in Flying Technology Co., Ltd. (SHSE:603488) from Jin Peirong, Xi Fang, Ding Yu, Chang Chengjian, and Yang Yinong for approximately CNY 190 million. Qingdao Silicon Valley Paradise Hongtan Investment Co., Ltd. signed an agreement to acquire an additional 5.34% stake in Flying Technology Co., Ltd. (SHSE:603488) from Jin Peirong, Xi Fang, Ding Yu, Chang Chengjian, and Yang Yinong for approximately CNY 190 million on June 8, 2021. Under the agreement, Jin Peirong, Xi Fang, Ding Yu and Chang Chengjian will transfer 15.6 million shares of Flying Technology Co., Ltd with unrestricted trading shares held by them to Qingdao Silicon Valley Paradise Hongtan Investment Co., Ltd.
Qingdao Silicon Valley Paradise Hongtan Investment Co., Ltd. completed the acquisition of an additional 5.34% stake in Flying Technology Co., Ltd. (SHSE:603488) from Jin Peirong, Xi Fang, Ding Yu, Chang Chengjian, and Yang Yinong on June 28, 2021. On June 30, 2021, Flying Technology Co. received a confirmation of transfer and registration of China Securities Depository and Clearing Co., Ltd. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.021 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥73.3m (up 73% from 1Q 2020). Net income: CN¥10.7m (up 80% from 1Q 2020). Profit margin: 15% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 03
New 90-day low: CN¥7.66 The company is down 25% from its price of CN¥10.19 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥8.01, the stock is trading at a trailing P/E ratio of 23.5x, down from the previous P/E ratio of 27.8x. This compares to an average P/E of 33x in the Machinery industry in China. Total return to shareholders over the past three years is a loss of 33%. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥9.43 The company is down 7.0% from its price of CN¥10.09 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 5.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: CN¥11.72 The company is up 12% from its price of CN¥10.46 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 5.0% over the same period. Duyuru • Nov 12
Qingdao Silicon Valley Paradise Hongtan Investment Co., Ltd. completed the acquisition of 5.3% in Flying Technology Co., Ltd. (SHSE:603488) from Jin Peirong, Chang Chengjian, Yang Yinong, Xi Fang and Ding Yu. Qingdao Silicon Valley Paradise Hongtan Investment Co., Ltd. entered into an agreement to acquire 5.5% in Flying Technology Co., Ltd. (SHSE:603488) from Jin Peirong, Chang Chengjian, Yang Yinong, Xi Fang and Ding Yu for approximately CNY 190 million on July 5, 2020. Qingdao Silicon Valley Paradise Hongtan Investment Co., Ltd. agreed to acquire 5.3% in Flying Technology Co., Ltd. from Jin Peirong, Chang Chengjian, Yang Yinong, Xi Fang and Ding Yu for approximately CNY 190 million on August 27, 2020. As per terms, 16.2 million shares will be acquired at CNY 11.97 per share. 50% of the consideration will be paid within 10 days of agreement and balance within 10 days of closing. Qingdao Silicon Valley Paradise Hongtan Investment Co., Ltd. will acquire 1.64% stake for 4.8 million shares from Jin Peirong, 1.28% stake for 3.7 million shares from Xi Fang, 1.10% stake for 3.2 million shares from DIng Yu, 0.69% stake for 2 million shares from Chang Chengjian, 0.62% stake for 1.8 million from Yang Yinong in Flying Technology Co., Ltd.
Qingdao Silicon Valley Paradise Hongtan Investment Co., Ltd. completed the acquisition of 5.3% in Flying Technology Co., Ltd. (SHSE:603488) from Jin Peirong, Chang Chengjian, Yang Yinong, Xi Fang and Ding Yu on November 11, 2020. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS CN¥0.10 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥120.2m (up 13% from 3Q 2019). Net income: CN¥28.7m (up 18% from 3Q 2019). Profit margin: 24% (up from 23% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS CN¥0.10 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥120.2m (up 13% from 3Q 2019). Net income: CN¥28.7m (up 18% from 3Q 2019). Profit margin: 24% (up from 23% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Oct 28
Flying Technology Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Flying Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Oct 22
New 90-day low: CN¥9.44 The company is down 17% from its price of CN¥11.40 on 24 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period. Duyuru • Jul 09
Flying Technology Co., Ltd. to Report First Half, 2020 Results on Aug 21, 2020 Flying Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 21, 2020 
