New Risk • Aug 11
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 10.0% 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 54% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10.0% average weekly change). Duyuru • Jul 01
Ceepower Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Ceepower Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Reported Earnings • Apr 25
First quarter 2026 earnings released First quarter 2026 results: Revenue: CN¥239.1m (up 11% from 1Q 2025). Net income: CN¥2.80m (up CN¥16.2m from 1Q 2025). Profit margin: 1.2% (up from net loss in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Duyuru • Apr 25
Ceepower Co., Ltd., Annual General Meeting, May 15, 2026 Ceepower Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Fuzhou, Fujian China Duyuru • Mar 31
Ceepower Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Ceepower Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. Independent Director Xiren Miao was the last 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: Insufficient board refreshment. Duyuru • Dec 31
Ceepower Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Ceepower Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 New Risk • Nov 04
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 39% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: CN¥0.07 (vs CN¥0.054 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.07 (up from CN¥0.054 loss in 3Q 2024). Revenue: CN¥371.4m (up 109% from 3Q 2024). Net income: CN¥17.9m (up CN¥47.9m from 3Q 2024). Profit margin: 4.8% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Duyuru • Sep 30
Ceepower Co., Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Ceepower Co., Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 Duyuru • Jul 02
Ceepower Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Ceepower Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • May 14
New major risk - Revenue and earnings growth Earnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 29
Full year 2024 earnings released: CN¥0.14 loss per share (vs CN¥0.09 profit in FY 2023) Full year 2024 results: CN¥0.14 loss per share (down from CN¥0.09 profit in FY 2023). Revenue: CN¥1.15b (down 31% from FY 2023). Net loss: CN¥77.5m (down 249% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Duyuru • Apr 29
Ceepower Co., Ltd., Annual General Meeting, May 21, 2025 Ceepower Co., Ltd., Annual General Meeting, May 21, 2025, at 14:30 China Standard Time. Duyuru • Mar 31
Ceepower Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Ceepower Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Duyuru • Dec 31
Ceepower Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Ceepower Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 New Risk • Oct 28
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: 1.3% Last year net profit margin: 2.8% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 28
Third quarter 2024 earnings released: CN¥0.14 loss per share (vs CN¥0.009 profit in 3Q 2023) Third quarter 2024 results: CN¥0.14 loss per share (down from CN¥0.009 profit in 3Q 2023). Revenue: CN¥178.2m (down 64% from 3Q 2023). Net loss: CN¥30.0m (down CN¥34.7m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Duyuru • Sep 30
Ceepower Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Ceepower Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥5.98, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 26% over the past three years. Duyuru • Jun 29
Ceepower Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Ceepower Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥4.04, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 22% over the past three years. Duyuru • Mar 30
Ceepower Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Ceepower Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥3.79, the stock trades at a trailing P/E ratio of 48.4x. Average trailing P/E is 23x in the Electrical industry in China. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥5.15, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 30x in the Electrical industry in China. Total loss to shareholders of 16% over the past three years. Duyuru • Dec 30
Ceepower Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Ceepower Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 New Risk • Oct 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.009 (vs CN¥0.009 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.009 (in line with 3Q 2022). Revenue: CN¥493.8m (up 56% from 3Q 2022). Net income: CN¥4.66m (up 11% from 3Q 2022). Profit margin: 0.9% (down from 1.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥0.021 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.02. Revenue: CN¥299.7m (up 5.1% from 2Q 2022). Net income: CN¥12.4m (up 17% from 2Q 2022). Profit margin: 4.2% (up from 3.7% in 2Q 2022). The increase in margin was driven by higher revenue. Duyuru • Jun 02
Ceepower Co., Ltd. Announces Final Cash Dividend for the Year 2022, Payable on 08 June 2023 Ceepower Co., Ltd. announced final cash dividend/10 shares (tax included) on A shares of CNY 0.10000000 for the year 2022. Record date is 07 June 2023. Ex-date is 08 June 2023. Payment date is 08 June 2023. Reported Earnings • Apr 06
Full year 2022 earnings released: EPS: CN¥0.074 (vs CN¥0.044 in FY 2021) Full year 2022 results: EPS: CN¥0.074 (up from CN¥0.044 in FY 2021). Revenue: CN¥1.31b (up 27% from FY 2021). Net income: CN¥41.1m (up 82% from FY 2021). Profit margin: 3.1% (up from 2.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Duyuru • Dec 27
Ceepower Co., Ltd. Approves Board Elections Ceepower Co., Ltd. announced at first extraordinary general meeting of 2022 held on 23 December 2022, the shareholders elected Chen Xi as non-independent directors; Miao Xiren and Feng Ling as independent directors; Chen Wei as non-employee supervisors of the company. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Employee Supervisor Shuying Yu was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.009 (vs CN¥0.007 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.009. Revenue: CN¥316.6m (up 26% from 3Q 2021). Net income: CN¥4.22m (down 15% from 3Q 2021). Profit margin: 1.3% (down from 2.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Duyuru • Jun 01
Ceepower Co., Ltd. Announces Cash Dividend, Payable on 08 June 2022 Ceepower Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 0.10000000. Record date as 07 June 2022, ex-date as 08 June 2022 and payment date as 08 June 2022. Duyuru • May 24
Ceepower Co., Ltd. Approves Cash Dividend for the Year 2021 Ceepower Co., Ltd. announced that at its AGM held on May 20, 2022, shareholders approved the cash dividend of CNY 0.10 per 10 shares (tax included) for the year 2021. Reported Earnings • Apr 27
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.07 (up from CN¥0.04 in FY 2020). Revenue: CN¥1.03b (up 8.4% from FY 2020). Net income: CN¥22.6m (up 65% from FY 2020). Profit margin: 2.2% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 16%. 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 18% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Employee Supervisor Shuying Yu was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Apr 26
Ceepower Co., Ltd. Proposes Final Cash Dividend for the Year of 2021 Ceepower Co., Ltd. proposed final cash dividend of CNY 0.10000000 per 10 shares (tax included), for the year of 2021. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.012 (vs CN¥0.05 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥252.2m (down 14% from 3Q 2020). Net income: CN¥4.99m (down 66% from 3Q 2020). Profit margin: 2.0% (down from 5.0% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.038 (vs CN¥0.047 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥260.7m (down 8.0% from 2Q 2020). Net income: CN¥8.08m (down 51% from 2Q 2020). Profit margin: 3.1% (down from 5.8% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥10.40, the stock trades at a trailing P/E ratio of 70.9x. Average trailing P/E is 33x in the Electrical industry in China. Total returns to shareholders of 109% over the past three years. Duyuru • May 21
Ceepower Co., Ltd. Approves Final Cash Dividend for 2020 Ceepower Co., Ltd. at its Annual General Meeting of 2020 on 19 May 2021, approved the cash dividend/10 shares (tax included): CNY 0.20000000 for the year 2020. Duyuru • Apr 30
Ceepower Co., Ltd. Proposes Final Cash Dividend for 2020 Ceepower Co., Ltd. proposed final cash dividend of CNY 0.20000000 per ten shares for 2020. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.01 (vs CN¥0.12 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¥181.0m (up 149% from 1Q 2020). Net income: CN¥3.77m (up CN¥39.4m from 1Q 2020). Profit margin: 2.1% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥8.60 The company is down 55% from its price of CN¥18.94 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 18% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥9.18 The company is down 14% from its price of CN¥10.63 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 Electrical industry, which is up 26% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥18.6m, with earnings decreasing by CN¥56.7m from the prior year. Total revenue was CN¥864.6m over the last 12 months, down 15% from the prior year. Is New 90 Day High Low • Oct 12
New 90-day high: CN¥8.86 The company is up 52% from its price of CN¥5.81 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is down 2.0% over the same period. Duyuru • Sep 17
Zhang Jinju cancelled the acquisition of Dalian Ruiyou Energy Development Co., Ltd. from Ceepower Co., Ltd. (SZSE:300062). Zhang Jinju signed an agreement to acquire Dalian Ruiyou Energy Development Co., Ltd. from Ceepower Co., Ltd. (SZSE:300062) for CNY 30.7 million on September 10, 2019. Under the terms of the agreement, CNY 18.4 million will be paid within 10 days since signing of the agreement, CNY 8.3 million will be paid within 5 days since change of registry procedures, CNY 2 million will be paid within 180 days since change of registry procedures and CNY 2 million will be paid within 360 days since change of registry procedures. Dalian Ruiyou Energy Development had total assets of CNY 174.4 million, revenues of CNY 197.5 million, operating profit of CNY 18.2 million, net profit of CNY 13.6 million and net assets of CNY 94.6 million for the year ended December 31, 2018. Transaction was approved by the 28th meeting of the 4th directorate of Ceepower.
Zhang Jinju cancelled the acquisition of Dalian Ruiyou Energy Development Co., Ltd. from Ceepower Co., Ltd. (SZSE:300062) on September 10, 2020. Duyuru • Jul 18
Ceepower Co., Ltd. to Report First Half, 2020 Results on Aug 04, 2020 Ceepower Co., Ltd. announced that they will report first half, 2020 results on Aug 04, 2020 
