New Risk • May 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Duyuru • Apr 28
Elec-Tech International Co., Ltd., Annual General Meeting, May 20, 2026 Elec-Tech International Co., Ltd., Annual General Meeting, May 20, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Zhuhai, Guangdong China Duyuru • Mar 31
Elec-Tech International Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Elec-Tech International Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Duyuru • Dec 31
Elec-Tech International Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Elec-Tech International Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.059 (vs CN¥0.006 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.059 (up from CN¥0.006 loss in 3Q 2024). Revenue: CN¥179.1m (down 15% from 3Q 2024). Net income: CN¥103.2m (up CN¥113.7m from 3Q 2024). Profit margin: 58% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 30
Elec-Tech International Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Elec-Tech International Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 26
Second quarter 2025 earnings released: CN¥0.008 loss per share (vs CN¥0.014 loss in 2Q 2024) Second quarter 2025 results: CN¥0.008 loss per share (improved from CN¥0.014 loss in 2Q 2024). Revenue: CN¥157.2m (down 14% from 2Q 2024). Net loss: CN¥13.9m (loss narrowed 43% from 2Q 2024). 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 11% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 02
Elec-Tech International Co., Ltd. to Report First Half, 2025 Results on Aug 25, 2025 Elec-Tech International Co., Ltd. announced that they will report first half, 2025 results on Aug 25, 2025 Duyuru • May 23
Elec-Tech International Co., Ltd., Annual General Meeting, Jun 13, 2025 Elec-Tech International Co., Ltd., Annual General Meeting, Jun 13, 2025, at 14:30 China Standard Time. Location: 14F, No. 663, Renmin West Road, Xiangzhou District, Zhuhai, Guangdong China New Risk • Apr 29
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. Duyuru • Mar 31
Elec-Tech International Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025 Elec-Tech International Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 Duyuru • Dec 31
Elec-Tech International Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Elec-Tech International Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.04 loss in 3Q 2023) Third quarter 2024 results: CN¥0.006 loss per share (improved from CN¥0.04 loss in 3Q 2023). Revenue: CN¥211.3m (up 1.0% from 3Q 2023). Net loss: CN¥10.5m (loss narrowed 85% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Duyuru • Oct 17
Elec-Tech International Co., Ltd. Announces Board Appointments Elec-Tech International Co., Ltd. held its 2nd Extraordinary General Meeting of 2024 on 15 October 2024, during which the following proposal(s) was/were approved: Election of non-independent directors: Ji Xuebin, non-independent director, Zhang Botao, non-independent director, Ge Yongzhe, non-independent director. Election of independent directors: Cao Lei, independent director, Wang Gang, independent director, Han Yong, independent director. Duyuru • Sep 30
Elec-Tech International Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Elec-Tech International Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: CN¥0.014 loss per share (vs CN¥0.052 loss in 2Q 2023) Second quarter 2024 results: CN¥0.014 loss per share (improved from CN¥0.052 loss in 2Q 2023). Revenue: CN¥181.9m (down 11% from 2Q 2023). Net loss: CN¥24.4m (loss narrowed 73% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Duyuru • Jun 29
Elec-Tech International Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Elec-Tech International Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Duyuru • May 01
Elec-Tech International Co., Ltd., Annual General Meeting, May 20, 2024 Elec-Tech International Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 14F, No. 663, Renmin West Road, Xiangzhou District, Zhuhai, Guangdong China Duyuru • Mar 30
Elec-Tech International Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Elec-Tech International Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Duyuru • Dec 29
Elec-Tech International Co., Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Elec-Tech International Co., Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.04 loss per share (vs CN¥0.042 loss in 3Q 2022) Third quarter 2023 results: CN¥0.04 loss per share (improved from CN¥0.042 loss in 3Q 2022). Revenue: CN¥209.2m (down 22% from 3Q 2022). Net loss: CN¥70.6m (loss narrowed 3.1% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat. Reported Earnings • Aug 29
Second quarter 2023 earnings released: CN¥0.052 loss per share (vs CN¥0.061 loss in 2Q 2022) Second quarter 2023 results: CN¥0.052 loss per share (improved from CN¥0.061 loss in 2Q 2022). Revenue: CN¥204.2m (down 43% from 2Q 2022). Net loss: CN¥91.1m (loss narrowed 14% from 2Q 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 1% per year, which means it is well ahead of earnings. Duyuru • Jun 07
Elec-Tech International Co., Ltd., Annual General Meeting, Jun 26, 2023 Elec-Tech International Co., Ltd., Annual General Meeting, Jun 26, 2023, at 14:30 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 profit distribution plan; to consider 2022 annual report and its summary; to consider Unrecovered losses account for one-third of the paid-in capital; and to consider Provision of guarantee for subsidiaries. Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.024 loss per share (vs CN¥0.029 loss in 1Q 2022) First quarter 2023 results: CN¥0.024 loss per share (improved from CN¥0.029 loss in 1Q 2022). Revenue: CN¥177.2m (down 50% from 1Q 2022). Net loss: CN¥42.3m (loss narrowed 17% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Duyuru • Oct 28
Elec-Tech International Co., Ltd. (SZSE:002005) announces an Equity Buyback for CNY 30 million worth of its shares. Elec-Tech International Co., Ltd. (SZSE:002005) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its ordinary A shares. The shares will be repurchased at a price not more than CNY 2.20 per share. The program will be funded with company's own funds or self-raised funds. The program will be valid for a period of 12 months from the date of approval. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.042 loss per share (vs CN¥0.029 loss in 3Q 2021) Third quarter 2022 results: CN¥0.042 loss per share (further deteriorated from CN¥0.029 loss in 3Q 2021). Revenue: CN¥266.9m (down 52% from 3Q 2021). Net loss: CN¥72.8m (loss widened 41% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Sep 02
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. 12 experienced directors. No highly experienced directors. Independent Director Qinggui Tang was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 26
Second quarter 2022 earnings released: CN¥0.061 loss per share (vs CN¥0.064 loss in 2Q 2021) Second quarter 2022 results: CN¥0.061 loss per share (up from CN¥0.064 loss in 2Q 2021). Revenue: CN¥358.5m (down 21% from 2Q 2021). Net loss: CN¥106.4m (loss narrowed 6.2% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Duyuru • May 14
Elec-Tech International Co., Ltd., Annual General Meeting, Jun 07, 2022 Elec-Tech International Co., Ltd., Annual General Meeting, Jun 07, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors;to consider 2021 work report of the supervisory committee;to consider 2021 annual accounts report;to consider 2021 profit distribution plan;to consider 2021 annual report and its summary;to consider election of non-independent directors;to consider unrecovered losses account for one third of the paid-in capital;and to consider Provision of guarantee for subsidiaries. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: CN¥0.029 loss per share (up from CN¥0.032 loss in 1Q 2021). Revenue: CN¥352.7m (down 33% from 1Q 2021). Net loss: CN¥50.9m (loss narrowed 8.9% from 1Q 2021). Revenue missed analyst estimates by 10%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 01
Third quarter 2021 earnings released: CN¥0.029 loss per share (vs CN¥0.01 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥560.8m (down 17% from 3Q 2020). Net loss: CN¥51.8m (down 388% from profit in 3Q 2020). 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 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.064 loss per share (vs CN¥0.059 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CN¥453.3m (down 17% from 2Q 2020). Net loss: CN¥113.5m (loss widened 9.9% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Duyuru • May 08
An unknown buyer agreed to acquire 17.5% stake in NVC International Holdings Limited (SEHK:2222). An unknown buyer agreed to acquire 17.5% stake in NVC International Holdings Limited (SEHK:2222) on May 6, 2021. Under the terms of transaction, an unknown buyer will acquire 740.3 million shares. Reported Earnings • May 02
First quarter 2021 earnings released: CN¥0.032 loss per share (vs CN¥0.045 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥522.9m (up 59% from 1Q 2020). Net loss: CN¥55.9m (loss narrowed 30% from 1Q 2020). Reported Earnings • Apr 16
Full year 2020 earnings released: CN¥0.32 loss per share (vs CN¥0.15 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¥2.22b (down 26% from FY 2019). Net loss: CN¥571.1m (down 316% from profit in FY 2019). Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥1.80, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 12% over the past year. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥1.30, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total loss to shareholders of 20% over the past year. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥1.01, the stock is trading at a trailing P/E ratio of 6.4x, down from the previous P/E ratio of 7.7x. This compares to an average P/E of 30x in the Consumer Durables industry in China. Total return to shareholders over the past three years is a loss of 77%. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥1.24 The company is down 4.0% from its price of CN¥1.29 on 23 September 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 13% over the same period. Is New 90 Day High Low • Nov 02
New 90-day high: CN¥1.38 The company is up 6.0% from its price of CN¥1.30 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 5.0% over the same period. Duyuru • Oct 20
Elec-Tech International Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Elec-Tech International Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 