Valuation Update With 7 Day Price Move • 17h
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥3.78, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 42x in the Machinery industry in China. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥3.11, the stock trades at a trailing P/E ratio of 50x. Average trailing P/E is 43x in the Machinery industry in China. Total returns to shareholders of 47% over the past three years. Duyuru • Jun 30
Aurora Optoelectronics Co.,Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Aurora Optoelectronics Co.,Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥3.96, the stock trades at a trailing P/E ratio of 63.7x. Average trailing P/E is 50x in the Machinery industry in China. Total returns to shareholders of 65% over the past three years. Duyuru • Jun 05
Aurora Optoelectronics Co.,Ltd., Annual General Meeting, Jun 29, 2026 Aurora Optoelectronics Co.,Ltd., Annual General Meeting, Jun 29, 2026, at 14:30 China Standard Time. Duyuru • Apr 17
Aurora Optoelectronics Co.,Ltd. announced that it expects to receive CNY 300 million in funding Aurora Optoelectronics Co.,Ltd. announced private placement to issue A shares for gross proceeds of not more than CNY 300,000,000 on April 15, 2026. The transaction includes participation from not more than 35 investors. The share issuance will not exceed 20% of the company's net assets at the end of the most recent year and the issue price is not lower than 80% of the average stock price of the company in the 20 trading days prior to the pricing benchmark. The shares have a lock up period and cannot be transferred within 6 months from the date of issuance. The transaction is approved by board of directors of the company in its 31st meeting of the 10th Board of Directors. Duyuru • Mar 30
Aurora Optoelectronics Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Aurora Optoelectronics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Duyuru • Dec 26
Aurora Optoelectronics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 16, 2026 Aurora Optoelectronics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 16, 2026 Duyuru • Sep 30
Aurora Optoelectronics Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Aurora Optoelectronics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Duyuru • Jun 30
Aurora Optoelectronics Co.,Ltd. to Report First Half, 2025 Results on Aug 16, 2025 Aurora Optoelectronics Co.,Ltd. announced that they will report first half, 2025 results on Aug 16, 2025 Duyuru • Jun 04
Aurora Optoelectronics Co.,Ltd., Annual General Meeting, Jun 27, 2025 Aurora Optoelectronics Co.,Ltd., Annual General Meeting, Jun 27, 2025, at 14:30 China Standard Time. Location: 11F, No. 68, Zhichun Road, Haidian District, Beijing China Duyuru • Mar 28
Aurora Optoelectronics Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Aurora Optoelectronics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Duyuru • Dec 27
Aurora Optoelectronics Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Aurora Optoelectronics Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 New Risk • Nov 07
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 Less than 1 year of cash runway based on free cash flow trend (-CN¥300m free cash flow). Minor Risk Share price has been volatile over the past 3 months (10.0% average weekly change). Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.04 loss in 3Q 2023) Third quarter 2024 results: CN¥0.008 loss per share (improved from CN¥0.04 loss in 3Q 2023). Revenue: CN¥91.7m (down 22% from 3Q 2023). Net loss: CN¥22.2m (loss narrowed 80% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 30
Aurora Optoelectronics Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Aurora Optoelectronics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.018 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.004 (up from CN¥0.018 loss in 2Q 2023). Revenue: CN¥111.9m (up 39% from 2Q 2023). Net income: CN¥10.8m (up CN¥59.1m from 2Q 2023). Profit margin: 9.6% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Duyuru • Jul 26
Aurora Optoelectronics Co.,Ltd. (SHSE:600666) commences an Equity Buyback Plan for CNY 100 million worth of its shares, under the authorization approved on July 25, 2024. Aurora Optoelectronics Co.,Ltd. (SHSE:600666) commences share repurchases on July 24, 2024, under the program mandated by shareholders in the Annual General Meeting held on June 21, 2024. As per the mandate, the company is authorized to repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at no more than CNY 2.11 per share. The purpose of the program is to maintain the company's value and shareholders' interests, the company's repurchased shares will be used for subsequent sale in accordance with relevant regulations. If the company fails to implement the above-mentioned sale within 3 years after the completion of the share repurchase, the unimplemented part will be cancelled after completing the relevant review procedures. The program will be funded from company's own funds. The authorization will be valid for 3 months. Duyuru • Jun 28
Aurora Optoelectronics Co.,Ltd. to Report First Half, 2024 Results on Aug 10, 2024 Aurora Optoelectronics Co.,Ltd. announced that they will report first half, 2024 results on Aug 10, 2024 Duyuru • May 30
Aurora Optoelectronics Co.,Ltd., Annual General Meeting, Jun 21, 2024 Aurora Optoelectronics Co.,Ltd., Annual General Meeting, Jun 21, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Harbin, Heilongjiang China Reported Earnings • Apr 20
Full year 2023 earnings released: CN¥0.24 loss per share (vs CN¥0.05 profit in FY 2022) Full year 2023 results: CN¥0.24 loss per share (down from CN¥0.05 profit in FY 2022). Revenue: CN¥327.9m (down 38% from FY 2022). Net loss: CN¥675.3m (down CN¥735.9m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Mar 29
Aurora Optoelectronics Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Aurora Optoelectronics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥1.67, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 26x in the Machinery industry in China. Total returns to shareholders of 50% over the past three years. Duyuru • Dec 30
Aurora Optoelectronics Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Aurora Optoelectronics Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥2.32, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 32x in the Machinery industry in China. Total returns to shareholders of 66% over the past three years. Duyuru • Sep 30
Aurora Optoelectronics Co.,Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Aurora Optoelectronics Co.,Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: CN¥0.018 loss per share (vs CN¥0.09 loss in 2Q 2022) Second quarter 2023 results: CN¥0.018 loss per share (improved from CN¥0.09 loss in 2Q 2022). Revenue: CN¥80.3m (down 53% from 2Q 2022). Net loss: CN¥48.4m (loss narrowed 55% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. New Risk • Jul 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 125% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (125% increase in shares outstanding). Minor Risk Large one-off items impacting financial results. Duyuru • Jun 28
Aurora Optoelectronics Co.,Ltd. to Report First Half, 2023 Results on Aug 26, 2023 Aurora Optoelectronics Co.,Ltd. announced that they will report first half, 2023 results on Aug 26, 2023 Reported Earnings • Apr 30
First quarter 2023 earnings released: CN¥0.004 loss per share (vs CN¥0.06 loss in 1Q 2022) First quarter 2023 results: CN¥0.004 loss per share (improved from CN¥0.06 loss in 1Q 2022). Revenue: CN¥44.7m (down 68% from 1Q 2022). Net loss: CN¥12.3m (loss narrowed 83% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent There are 6 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: 6 new directors. 4 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Chairman of the Supervisory Board Xiaotong Zhang is the most experienced director on the board, commencing their role in 2017. Independent Director Haibo Wang was the last independent director to join the board, commencing their role in 2021. 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 30
Third quarter 2022 earnings released: CN¥0.28 loss per share (vs CN¥0.053 loss in 3Q 2021) Third quarter 2022 results: CN¥0.28 loss per share (further deteriorated from CN¥0.053 loss in 3Q 2021). Revenue: CN¥99.3m (down 32% from 3Q 2021). Net loss: CN¥357.6m (loss widened 448% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.09 loss per share (vs CN¥0.036 loss in 2Q 2021) Second quarter 2022 results: CN¥0.09 loss per share (down from CN¥0.036 loss in 2Q 2021). Revenue: CN¥171.2m (up 2.0% from 2Q 2021). Net loss: CN¥108.2m (loss widened 143% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
First quarter 2022 earnings released: CN¥0.06 loss per share (vs CN¥0.04 loss in 1Q 2021) First quarter 2022 results: CN¥0.06 loss per share (down from CN¥0.04 loss in 1Q 2021). Revenue: CN¥139.8m (flat on 1Q 2021). Net loss: CN¥71.8m (loss widened 48% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. No highly experienced 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: Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.053 loss per share (vs CN¥0.058 loss in 3Q 2020) The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: CN¥145.9m (down 14% from 3Q 2020). Net loss: CN¥65.2m (loss narrowed 8.5% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.036 loss per share (vs CN¥0.055 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥167.8m (up 49% from 2Q 2020). Net loss: CN¥44.6m (loss narrowed 41% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 18
Full year 2020 earnings released: CN¥0.56 loss per share (vs CN¥0.05 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥519.6m (down 29% from FY 2019). Net loss: CN¥684.9m (down CN¥752.1m from profit in FY 2019). Is New 90 Day High Low • Jan 06
New 90-day low: CN¥1.15 The company is down 17% from its price of CN¥1.38 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: CN¥1.20 The company is down 18% from its price of CN¥1.46 on 18 September 2020. The Chinese market is up 3.0% 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. Is New 90 Day High Low • Oct 27
New 90-day low: CN¥1.34 The company is down 11% from its price of CN¥1.50 on 29 July 2020. The Chinese market is flat 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 • Sep 29
New 90-day low: CN¥1.37 The company is down 6.0% from its price of CN¥1.46 on 01 July 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 12% over the same period. 
