Duyuru • Jun 05
Sichuan Changhong Electric Co.,Ltd., Annual General Meeting, Jun 29, 2026 Sichuan Changhong Electric Co.,Ltd., Annual General Meeting, Jun 29, 2026, at 13:30 China Standard Time. New Risk • Apr 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 124% 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 • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.021 (vs CN¥0.075 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.021 (down from CN¥0.075 in 1Q 2025). Revenue: CN¥27.3b (up 1.6% from 1Q 2025). Net income: CN¥98.5m (down 72% from 1Q 2025). Profit margin: 0.4% (down from 1.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Mar 30
Sichuan Changhong Electric Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Sichuan Changhong Electric Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Duyuru • Jan 08
Changhong Unveils AI-Powered Smart Home Solutions at CES 2026 The 2026 International Consumer Electronics Show (CES 2026) opened on January 6 in Las Vegas, bringing together leading global technology companies. As the barometer of industry trends, CES highlights rapid advances in consumer electronics. This year, Changhong presented a new portfolio of AI-driven home appliances under the concept of "AI Technology + Human-Centric Design", blending advanced intelligence with a distinctive design identity. Changhong is accelerating the integration of AI across its home-appliance lineup. Its panda-themed AI series merges this widely welcomed Chinese cultural symbol with AI capabilities, utilising anthropomorphic interaction, environmental sensing, and adaptive control to recreate a naturally intuitive and comforting user experience. The AI TV features the intelligent "Panda Xiaobai," offering round-the-clock interaction. Complementing it, the AI refrigerator introduces cloud-based humidity control to maintain ingredients in an optimized freshness chamber, while the AI air conditioner delivers a gentle adaptive cooling experience reminiscent of a natural breeze. Completing the ecosystem, the AI washing machine employs triple-power cleaning for efficient fabric care. Blending everyday technology with humanistic warmth, Changhong aims to create smart home experiences that feel more intuitive and emotionally engaging. Moreover, Changhong also unveiled several breakthroughs: The 100-inch RGB MiniLED TV, boasts an ultra-slim profile, an anti-glare display, and immersive audiovisual performance, complemented by large-scale AI models like DeepSeek for enhanced voice interaction. The AI Air Manager 360deg air conditioner extends beyond temperature control to incorporate air-quality management, learning user habits to optimize comfort and energy efficiency. The full-space preservation refrigerator applies AI freshness algorithms and dual-system temperature control to eliminate odor mixing and temperature fluctuations. The AI washer-dryer set intelligently identifies fabric types and automatically adjusts washing programs. Changhong presents a holistic smart home ecosystem designed around user experience, further enhancing its visibility and presence in the international smart home landscape. Driven by its global "Technology + Sports" branding strategy, the brand has established an overseas network encompassing R&D, manufacturing, products, and services. Through intelligent sensing, natural interaction, and multi-scenario coordination, its AI appliances deliver a more efficient, convenient, and comfortable home experience, reflecting the Company's forward-looking vision for smart living. Through its fusion of AI innovation and vivid design, Changhong is shaping a distinct global brand presence, delivering smart home solutions that resonate both emotionally and technologically with users worldwide. Duyuru • Dec 26
Sichuan Changhong Electric Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Sichuan Changhong Electric Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.014 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.014 in 3Q 2024). Revenue: CN¥25.2b (down 2.7% from 3Q 2024). Net income: CN¥506.9m (up CN¥442.8m from 3Q 2024). Profit margin: 2.0% (up from 0.2% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Sep 30
Sichuan Changhong Electric Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Sichuan Changhong Electric Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.034 (vs CN¥0.023 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.034 (up from CN¥0.023 in 2Q 2024). Revenue: CN¥29.9b (up 8.0% from 2Q 2024). Net income: CN¥155.4m (up 48% from 2Q 2024). Profit margin: 0.5% (up from 0.4% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.67, the stock trades at a trailing P/E ratio of 61.7x. Average trailing P/E is 34x in the Consumer Durables industry in China. Total returns to shareholders of 320% over the past three years. Duyuru • Jun 30
Sichuan Changhong Electric Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Sichuan Changhong Electric Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Duyuru • Jun 05
Sichuan Changhong Electric Co.,Ltd., Annual General Meeting, Jun 26, 2025 Sichuan Changhong Electric Co.,Ltd., Annual General Meeting, Jun 26, 2025, at 13:30 China Standard Time. Location: The Company's Meeting Room, Mianyang, Sichuan China Duyuru • May 09
Sichuan Changhong Electric Co.,Ltd. (SHSE:600839) announces an Equity Buyback for CNY 500 million worth of its shares. Sichuan Changhong Electric Co.,Ltd. (SHSE:600839) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its Class A common stock. The shares will be repurchased at a purchase of CNY 14 per share. The shares repurchased will be used for equity incentives. The Company will use its own funds and/or self raised funds to source the buyback. The program is subject to company's shareholders' meeting approval. The program will be valid for 12 months from shareholder's approval. New Risk • May 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: 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 27
First quarter 2025 earnings released: EPS: CN¥0.075 (vs CN¥0.038 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.075 (up from CN¥0.038 in 1Q 2024). Revenue: CN¥26.8b (up 13% from 1Q 2024). Net income: CN¥345.5m (up 97% from 1Q 2024). Profit margin: 1.3% (up from 0.7% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Mar 28
Sichuan Changhong Electric Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Sichuan Changhong Electric Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Duyuru • Mar 21
Changhong Showcases AI-Driven Home Appliances, Paving A New Path for Brand Elevation At the Appliance & Electronics World Expo (AWE 2025) opened on March 20 in Shanghai, Changhong unveiled a comprehensive suite of AI-driven home appliances. Highlights included an industry-first emotional-healing AI TV, a dual-zone PRO air conditioner for combined spaces, and communication modules for the emerging low-altitude economy. These innovations emphasize Changhong's technological expertise and comprehensive AI capabilities in consumer electronics, while also signaling its entry into evolving industries. At the event, Changhong debuted the Q10Air, its industry- first emotional-healing AI TV. The display features the pioneering penetrating diffuse reflection technology, where the AI light wing dynamically adjusts color and presentation based on on-screen activity, aiming to enhance the user's emotional engagement. Changhong also introduced the dual-zone PRO air conditioners for combined living and dining spaces. This AI-powered system offers a comprehensive upgrade in user experience, specifically designed to meet the needs of integrated environments. Changhong's subsidiary, AI-Link Technology, also unveiled the WF-H105-ESA2, the latest communication module for the low-altitude economy, exemplifying Changhong's capability to empower industry partners with technology in this burgeoning sector. To meet modern lifestyle expectations, Changhong is enhancing daily life with AI and advanced technologies in kitchen and laundry applications, offering more personalized care. At Changhong's booth, the Pure Color series refrigerator impresses with its high capacity and AI-driven rapidice-making in 60 minutes. Its ultra-thin design appeals to younger consumers, enhancing aesthetics and lifestyle. The exhibition showcased residential and commercial refrigeration equipment, including the Blue oxygen washing and drying set, highlighting Changhong's technological advancements. Notable exhibits included the M Fresh Life, Frozen Fresh Life, Worry-free Embedded Pro, and more. The Changhong Smart Home System integrates intelligent control, energy efficiency, and security, offering energy savings and AI-driven solutions for personalized household needs. Changhong's extensive product at AWE 2025 highlighted its shift from traditional home appliance production to smart manufacturing. The presence of voice actors from the hit Ne Zha animated movie series added a cultural touch to Changhong's booth, enhancing its impact at the event. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥9.29, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 24x in the Consumer Durables industry in China. Total returns to shareholders of 185% over the past three years. Duyuru • Dec 27
Sichuan Changhong Electric Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Sichuan Changhong Electric Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 New Risk • Oct 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥0.06 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.014 (down from CN¥0.06 in 3Q 2023). Revenue: CN¥25.9b (up 11% from 3Q 2023). Net income: CN¥64.1m (down 77% from 3Q 2023). Profit margin: 0.2% (down from 1.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥7.37, the stock trades at a trailing P/E ratio of 44.4x. Average trailing P/E is 20x in the Consumer Durables industry in China. Total returns to shareholders of 170% over the past three years. Duyuru • Sep 30
Sichuan Changhong Electric Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Sichuan Changhong Electric Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥5.91, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 19x in the Consumer Durables industry in China. Total returns to shareholders of 111% over the past three years. New Risk • Sep 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.026 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.023 (down from CN¥0.026 in 2Q 2023). Revenue: CN¥27.6b (up 17% from 2Q 2023). Net income: CN¥104.8m (down 12% from 2Q 2023). Profit margin: 0.4% (down from 0.5% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥4.84, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 19x in the Consumer Durables industry in China. Total returns to shareholders of 73% over the past three years. Duyuru • Jun 28
Sichuan Changhong Electric Co.,Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Sichuan Changhong Electric Co.,Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Board Change • Jun 12
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. Independent Director Qu Qing is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Jun 05
Sichuan Changhong Electric Co.,Ltd., Annual General Meeting, Jun 25, 2024 Sichuan Changhong Electric Co.,Ltd., Annual General Meeting, Jun 25, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Mianyang, Sichuan China New Risk • Apr 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: 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 26
First quarter 2024 earnings released: EPS: CN¥0.038 (vs CN¥0.018 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.038 (up from CN¥0.018 in 1Q 2023). Revenue: CN¥23.8b (up 3.6% from 1Q 2023). Net income: CN¥175.7m (up 112% from 1Q 2023). Profit margin: 0.7% (up from 0.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year. Duyuru • Mar 29
Sichuan Changhong Electric Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Sichuan Changhong Electric Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Buy Or Sell Opportunity • Feb 26
Now 27% overvalued Over the last 90 days, the stock has fallen 13% to CN¥5.08. The fair value is estimated to be CN¥4.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Feb 07
Now 26% overvalued Over the last 90 days, the stock has fallen 35% to CN¥4.34. The fair value is estimated to be CN¥3.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥3.79, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 19x in the Consumer Durables industry in China. Total returns to shareholders of 60% over the past three years. Duyuru • Dec 30
Sichuan Changhong Electric Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Sichuan Changhong Electric Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥6.63, the stock trades at a trailing P/E ratio of 42.5x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total returns to shareholders of 134% over the past three years. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.016 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.06 (up from CN¥0.016 in 3Q 2022). Revenue: CN¥23.4b (up 1.1% from 3Q 2022). Net income: CN¥276.6m (up 273% from 3Q 2022). Profit margin: 1.2% (up from 0.3% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥5.19, the stock trades at a trailing P/E ratio of 46.2x. Average trailing P/E is 26x in the Consumer Durables industry in China. Total returns to shareholders of 82% over the past three years. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.026 (vs CN¥0.022 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.026 (up from CN¥0.022 in 2Q 2022). Revenue: CN¥23.7b (flat on 2Q 2022). Net income: CN¥119.2m (up 17% from 2Q 2022). Profit margin: 0.5% (up from 0.4% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 59% 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 • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.018 (vs CN¥0.011 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.018 (up from CN¥0.011 in 1Q 2022). Revenue: CN¥22.9b (up 14% from 1Q 2022). Net income: CN¥83.0m (up 65% from 1Q 2022). Profit margin: 0.4% (up from 0.3% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥3.64, the stock trades at a trailing P/E ratio of 49.2x. Average trailing P/E is 25x in the Consumer Durables industry in China. Total returns to shareholders of 29% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Qu Qing was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.016 (vs CN¥0.017 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.016 (down from CN¥0.017 in 3Q 2021). Revenue: CN¥23.2b (down 2.0% from 3Q 2021). Net income: CN¥74.1m (down 3.7% from 3Q 2021). Profit margin: 0.3% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.022 (vs CN¥0.015 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.022 (up from CN¥0.015 in 2Q 2021). Revenue: CN¥23.9b (down 6.0% from 2Q 2021). Net income: CN¥101.7m (up 42% from 2Q 2021). Profit margin: 0.4% (up from 0.3% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.011 (up from CN¥0.005 in 1Q 2021). Revenue: CN¥20.1b (down 16% from 1Q 2021). Net income: CN¥50.3m (up 144% from 1Q 2021). Profit margin: 0.3% (up from 0.1% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Qu Qing 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. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.017 (vs CN¥0.028 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥23.6b (down 10% from 3Q 2020). Net income: CN¥77.0m (down 41% from 3Q 2020). Profit margin: 0.3% (down from 0.5% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Duyuru • Sep 21
Sichuan Changhong Electric Co., Ltd.'s CHiQ to Enter Indonesian Market with Release of Signature Smart TV Series Sichuan Changhong Electric Co. Ltd. announced that its medium and high-end smart home appliances brand CHiQ will enter the Indonesian market with the goal of making available to the country's shoppers products that raise the bar both in the terms of ease-of-use as well as intelligence. As its first entry in the Indonesian market, CHiQ will release the G7P smart TV series loaded with the latest Android 11 system and several new technologies including dbx-tv, 2.4G/5G dual-frequency WiFi and HDR 10. At the same time, CHiQ will also release a borderless G7PF Series TV equipped with far-field voice, Dolby Audio, Dolby Vision and other features. The CHiQ TV development team has always been committed to delivering an intelligent home theater connected to the Internet of Everything combined with a viewing experience enhanced by best in audio-visual effects. CHiQ Indonesia's general manager Mr. Luo explained that stores have already been opened on Indonesia's most popular e-commerce platforms, with all product lineups becoming simultaneously available in each outlet. Meanwhile, the brand is hosting CHiQ Brand Day, a promotional event in concert with e-commerce platforms JD.ID and Shopee. CHiQ plans further expansion in the Indonesian market with additional enrichment of product lines and categories as well as continuous upgrades of product in terms of both quality and service, providing Indonesian consumers with ever more comprehensive intelligent home appliances in tandem with customer-first services. CHiQ's parent company Changhong has entered Indonesia as zearly as 1998, becoming the first Chinese home appliance brand to set up business on the archipelago. With plans on remaining faithful to the corporate mantra of "Creating a well-known smart home appliance brand and building a world-class industry leader", CHiQ will further the expansion into the Indonesian e-commerce market, offering a growing lineup of smarter products to Indonesian shoppers, and constantly exploring new opportunities. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.015 (vs CN¥0.02 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¥25.4b (up 17% from 2Q 2020). Net income: CN¥71.7m (down 22% from 2Q 2020). Profit margin: 0.3% (down from 0.4% in 2Q 2020). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is well ahead of earnings. Duyuru • May 09
An unknown buyer agreed to acquire 6.87% stake in Changhong Jiahua Holdings Limited (SEHK:3991) from Sichuan Changhong Electric Co.,Ltd. (SHSE:600839) for HKD 90 million. An unknown buyer agreed to acquire 6.87% stake in Changhong Jiahua Holdings Limited (SEHK:3991) from Sichuan Changhong Electric Co.,Ltd. (SHSE:600839) for HKD 90 million on May 7, 2021. Under the terms, consideration is HKD 0.9 per shares and after transaction Sichuan Changhong will hold 58.3% stake. Transaction is expected to complete on June 2, 2021. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥2.65 The company is down 3.0% from its price of CN¥2.73 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥2.70 The company is down 9.0% from its price of CN¥2.96 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 Consumer Durables industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: CN¥3.09 The company is up 3.0% from its price of CN¥3.00 on 16 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 10.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥108.7m, with earnings decreasing by CN¥264.3m from the prior year. Total revenue was CN¥91.0b over the last 12 months, up 3.6% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥2.83 The company is down 2.0% from its price of CN¥2.89 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 01
New 90-day low: CN¥2.87 The company is down 6.0% from its price of CN¥3.04 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 8.0% over the same period. Duyuru • Jul 09
Sichuan Changhong Electric Co.,Ltd. to Report First Half, 2020 Results on Aug 22, 2020 Sichuan Changhong Electric Co.,Ltd. announced that they will report first half, 2020 results on Aug 22, 2020