Board Change • May 20
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 2 experienced directors. No highly experienced directors. Independent Director Jingjing Bo is the most experienced director on the board, commencing their role in 2021. 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 • Apr 21
ZETTA Group Co., Ltd., Annual General Meeting, May 11, 2026 ZETTA Group Co., Ltd., Annual General Meeting, May 11, 2026, at 14:00 China Standard Time. Location: 34F, Tower B, Building 12, Shenzhen Bay Eco-technology Park, Nanshan District, Shenzhen, Guangdong China Duyuru • Mar 31
ZETTA Group Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026 ZETTA Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Duyuru • Dec 31
ZETTA Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 ZETTA Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Duyuru • Sep 30
Shenzhen Sunrise New Energy Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Shenzhen Sunrise New Energy Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 Duyuru • Jul 02
Shenzhen Sunrise New Energy Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Shenzhen Sunrise New Energy Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Duyuru • Apr 18
Shenzhen Sunrise New Energy Co., Ltd., Annual General Meeting, May 09, 2025 Shenzhen Sunrise New Energy Co., Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: 34F, Tower B, Building 12, Shenzhen Bay Eco-technology Park, Nanshan District, Shenzhen, Guangdong China Duyuru • Mar 31
Shenzhen Sunrise New Energy Co., Ltd. to Report Q1, 2025 Results on Apr 18, 2025 Shenzhen Sunrise New Energy Co., Ltd. announced that they will report Q1, 2025 results on Apr 18, 2025 Duyuru • Dec 31
Shenzhen Sunrise New Energy Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 Shenzhen Sunrise New Energy Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: CN¥79.4m (down 7.3% from 3Q 2023). Net loss: CN¥91.3m (loss widened 151% from 3Q 2023). Duyuru • Sep 30
Shenzhen Sunrise New Energy Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Shenzhen Sunrise New Energy Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 44% 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 Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Duyuru • Aug 19
Shenzhen Yuntong Investment Co., Ltd agreed to acquire 14.19% stake in Shenzhen Small and Medium Enterprise Investment Management Co., Ltd. from Shenzhen Sunrise New Energy Co., Ltd. (SZSE:002256) for approximately CNY 100 million. Shenzhen Yuntong Investment Co., Ltd agreed to acquire 14.19% stake in Shenzhen Small and Medium Enterprise Investment Management Co., Ltd. from Shenzhen Sunrise New Energy Co., Ltd. (SZSE:002256) for approximately CNY 100 million on August 17, 2024. A cash consideration of CNY 101.7 million will be paid by Shenzhen Yuntong Investment Co., Ltd. As part of consideration, CNY 101.7 million is paid towards common equity of Shenzhen Small and Medium Enterprise Investment Management Co., Ltd.
The deal has been approved by the board of directors of Shenzhen Sunrise New Energy Co., Ltd. New Risk • Aug 16
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 7.4% 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 Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Reported Earnings • Aug 08
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: CN¥92.6m (up 2.5% from 2Q 2023). Net income: CN¥541.9k (up CN¥59.6m from 2Q 2023). Profit margin: 0.6% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Duyuru • Jun 29
Shenzhen Sunrise New Energy Co., Ltd. to Report First Half, 2024 Results on Aug 08, 2024 Shenzhen Sunrise New Energy Co., Ltd. announced that they will report first half, 2024 results on Aug 08, 2024 Duyuru • May 01
Shenzhen Sunrise New Energy Co., Ltd., Annual General Meeting, May 21, 2024 Shenzhen Sunrise New Energy Co., Ltd., Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: 34F, Tower B, Building 12, Shenzhen Bay Eco-technology Park, Nanshan District, Shenzhen, Guangdong China New Risk • Apr 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥28m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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¥28m free cash flow). Minor Risk Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Reported Earnings • Apr 25
Full year 2023 earnings released: CN¥0.04 loss per share (vs CN¥0.01 loss in FY 2022) Full year 2023 results: CN¥0.04 loss per share (further deteriorated from CN¥0.01 loss in FY 2022). Revenue: CN¥331.1m (up 9.9% from FY 2022). Net loss: CN¥84.8m (loss widened 274% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • Mar 30
Shenzhen Sunrise New Energy Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Shenzhen Sunrise New Energy Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Duyuru • Feb 07
Shenzhen Sunrise New Energy Co., Ltd. announced that it expects to receive CNY 240 million in funding Shenzhen Sunrise New Energy Co., Ltd. announced a private placement of common shares for the gross proceeds of up to CNY 240,000,000 on February 6, 2024. New Risk • Feb 05
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 6.7% 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 Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Duyuru • Dec 29
Shenzhen Sunrise New Energy Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Shenzhen Sunrise New Energy Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 New Risk • Dec 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor 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. This is currently the only risk that has been identified for the company. Duyuru • Dec 12
Shenzhen Sunrise New Energy Co., Ltd. (SZSE:002256) announces an Equity Buyback for CNY 100 million worth of its shares. Shenzhen Sunrise New Energy Co., Ltd. (SZSE:002256) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 3.66 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The program will be valid for a period of 12 months. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.015 loss per share (vs CN¥0.004 loss in 3Q 2022) Third quarter 2023 results: CN¥0.015 loss per share (further deteriorated from CN¥0.004 loss in 3Q 2022). Revenue: CN¥85.7m (up 3.6% from 3Q 2022). Net loss: CN¥36.4m (loss widened 144% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Duyuru • Sep 30
Shenzhen Sunrise New Energy Co., Ltd. to Report Q3, 2023 Results on Oct 30, 2023 Shenzhen Sunrise New Energy Co., Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 28
Second quarter 2023 earnings released: CN¥0.043 loss per share (vs CN¥0.005 profit in 2Q 2022) Second quarter 2023 results: CN¥0.043 loss per share (down from CN¥0.005 profit in 2Q 2022). Revenue: CN¥90.4m (up 6.5% from 2Q 2022). Net loss: CN¥59.0m (down CN¥65.3m from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 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 6.1% 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 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change). Duyuru • May 26
Shenzhen Sunrise New Energy Co., Ltd. (SZSE:002256) completed the acquisition of an unknown minority stake in Shenzhen Yongsheng New Energy Co., Ltd. from Zhejiang Qianhong Industrial Co., Ltd. Shenzhen Sunrise New Energy Co., Ltd. (SZSE:002256) agreed to acquire an unknown minority stake in Shenzhen Yongsheng New Energy Co., Ltd. from Zhejiang Qianhong Industrial Co., Ltd. for approximately CNY 350 million on May 19, 2023. Shenzhen Sunrise New Energy Co., Ltd. (SZSE:002256) completed the acquisition of an unknown minority stake in Shenzhen Yongsheng New Energy Co., Ltd. from Zhejiang Qianhong Industrial Co., Ltd. on May 24, 2023. Reported Earnings • Apr 12
Full year 2022 earnings released: CN¥0.01 loss per share (vs CN¥0.26 loss in FY 2021) Full year 2022 results: CN¥0.01 loss per share (improved from CN¥0.26 loss in FY 2021). Revenue: CN¥301.3m (down 11% from FY 2021). Net loss: CN¥22.7m (loss narrowed 95% from FY 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 12 new directors who have joined the board in the last 3 years. The company's board is composed of: 12 new directors. No experienced directors. No highly experienced directors. Independent Director Hui Jiang 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. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.004 loss per share (vs CN¥0.11 loss in 3Q 2021) Third quarter 2022 results: CN¥0.004 loss per share (improved from CN¥0.11 loss in 3Q 2021). Revenue: CN¥82.7m (flat on 3Q 2021). Net loss: CN¥14.9m (loss narrowed 94% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.005 (vs CN¥0.02 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.005 (up from CN¥0.02 loss in 2Q 2021). Revenue: CN¥84.9m (down 14% from 2Q 2021). Net income: CN¥6.29m (up CN¥41.0m from 2Q 2021). Profit margin: 7.4% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Apr 29
First quarter 2022 earnings released: CN¥0.02 loss per share (vs CN¥0.02 loss in 1Q 2021) First quarter 2022 results: CN¥0.02 loss per share (vs CN¥0.02 loss in 1Q 2021). Revenue: CN¥63.2m (down 21% from 1Q 2021). Net loss: CN¥36.2m (loss narrowed 3.5% from 1Q 2021). 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 12% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Employee Representative Supervisor Yun Wang is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 03
Full year 2021 earnings released: CN¥0.26 loss per share (vs CN¥0.03 profit in FY 2020) Full year 2021 results: CN¥0.26 loss per share (down from CN¥0.03 profit in FY 2020). Revenue: CN¥339.9m (down 18% from FY 2020). Net loss: CN¥496.9m (down CN¥552.5m from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.11 loss per share (vs CN¥0.013 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥82.8m (down 27% from 3Q 2020). Net loss: CN¥235.9m (loss widened CN¥211.1m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.02 loss per share (vs CN¥0.011 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¥99.1m (down 4.8% from 2Q 2020). Net loss: CN¥34.7m (loss widened 52% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.03 (vs CN¥0.15 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥414.5m (down 3.9% from FY 2019). Net income: CN¥55.6m (up CN¥330.8m from FY 2019). Profit margin: 13% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Is New 90 Day High Low • Feb 06
New 90-day high: CN¥1.58 The company is up 42% from its price of CN¥1.11 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 16% over the same period. Is New 90 Day High Low • Jan 22
New 90-day high: CN¥1.30 The company is up 10.0% from its price of CN¥1.18 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 23% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥322.1m, with losses widening by 2.6% from the prior year. Total revenue was CN¥397.0m over the last 12 months, down 9.8% from the prior year. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥1.14 The company is down 7.0% from its price of CN¥1.22 on 31 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 Chemicals industry, which is up 3.0% over the same period. 