New Risk • 6h
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥32.30, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 18x in the Chemicals industry in China. Total loss to shareholders of 14% over the past three years. New Risk • Jun 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Duyuru • Jun 30
Suzhou Nanomicro Technology Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Suzhou Nanomicro Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥34.55, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 20x in the Chemicals industry in China. Total loss to shareholders of 20% over the past three years. Declared Dividend • May 30
Dividend increased to CN¥0.10 Dividend of CN¥0.10 is 62% higher than last year. Ex-date: 4th June 2026 Payment date: 4th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 100% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • May 20
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. 5 non-independent directors. Independent Director Panfeng Kuang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 16
Suzhou Nanomicro Technology Co., Ltd. announced that it expects to receive CNY 710 million in funding Suzhou Nanomicro Technology Co., Ltd announced a private placement to issue not more than 60,000,000 A shares for the proceeds of CNY 710,000,000 on April 14, 2026. Issue Price shall not be less than 80% of the average price in the 20 trading days before the pricing reference date. Transaction involves participation of not more than 35 investors. The shares cannot be transferred within 6 months from the issuance closing date. Transaction is approved by board of directors at 14th Meeting of the Company’s 3rd Directorate and is subject to the approvals of the Company’s Shareholders, the Shanghai Stock Exchange, and the China Securities Regulatory Commission. Duyuru • Apr 15
Suzhou Nanomicro Technology Co., Ltd., Annual General Meeting, May 08, 2026 Suzhou Nanomicro Technology Co., Ltd., Annual General Meeting, May 08, 2026, at 14:00 China Standard Time. Location: R and D Building, No. 2, Baichuan Street, Suzhou Industrial Park, Suzhou, Jiangsu China Duyuru • Mar 30
Suzhou Nanomicro Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Suzhou Nanomicro Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Duyuru • Dec 26
Suzhou Nanomicro Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026 Suzhou Nanomicro Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026 Duyuru • Sep 30
Suzhou Nanomicro Technology Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Suzhou Nanomicro Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Duyuru • Jun 30
Suzhou Nanomicro Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Suzhou Nanomicro Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Duyuru • Apr 25
Suzhou Nanomicro Technology Co., Ltd., Annual General Meeting, May 15, 2025 Suzhou Nanomicro Technology Co., Ltd., Annual General Meeting, May 15, 2025, at 14:00 China Standard Time. Location: R and D Center Building, No. 2, Baichuan Street, Suzhou Industrial Park, Suzhou, Jiangsu China Duyuru • Mar 28
Suzhou Nanomicro Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Suzhou Nanomicro Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Duyuru • Dec 27
Suzhou Nanomicro Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 Suzhou Nanomicro Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.008 loss per share (vs CN¥0.018 profit in 3Q 2023) Third quarter 2024 results: CN¥0.008 loss per share (down from CN¥0.018 profit in 3Q 2023). Revenue: CN¥210.0m (up 35% from 3Q 2023). Net loss: CN¥3.05m (down 143% from profit in 3Q 2023). Duyuru • Sep 30
Suzhou Nanomicro Technology Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Suzhou Nanomicro Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 27
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). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). New Risk • Sep 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (13% net profit margin). Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.048 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.07 (up from CN¥0.048 in 2Q 2023). Revenue: CN¥185.7m (up 14% from 2Q 2023). Net income: CN¥28.2m (up 45% from 2Q 2023). Profit margin: 15% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Duyuru • Jun 29
Suzhou Nanomicro Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Suzhou Nanomicro Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Upcoming Dividend • Jun 11
Upcoming dividend of CN¥0.05 per share Eligible shareholders must have bought the stock before 18 June 2024. Payment date: 18 June 2024. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of Chinese dividend payers (2.4%). Lower than average of industry peers (2.0%). Duyuru • Apr 26
Suzhou Nanomicro Technology Co., Ltd., Annual General Meeting, May 15, 2024 Suzhou Nanomicro Technology Co., Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: Comprehensive Building, No. 2, Baichuan Street, Suzhou Industrial Park, Suzhou, Jiangsu China Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.031 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.042 (up from CN¥0.031 in 1Q 2023). Revenue: CN¥154.1m (up 17% from 1Q 2023). Net income: CN¥16.9m (up 37% from 1Q 2023). Profit margin: 11% (up from 9.4% in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Duyuru • Mar 30
Suzhou Nanomicro Technology Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Suzhou Nanomicro Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.69 in FY 2022) Full year 2023 results: EPS: CN¥0.17 (down from CN¥0.69 in FY 2022). Revenue: CN¥586.6m (down 17% from FY 2022). Net income: CN¥69.2m (down 75% from FY 2022). Profit margin: 12% (down from 39% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Duyuru • Feb 01
Suzhou Nanomicro Technology Co., Ltd. (SHSE:688690) announces an Equity Buyback for CNY 100 million worth of its shares. Suzhou Nanomicro Technology Co., Ltd. (SHSE:688690) 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 purchased at a price not exceeding CNY 35 per share. The purpose of the program is to improving quality, increasing efficiency and focusing on returns. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be valid for 12 months. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.018 (vs CN¥0.12 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.018 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥156.0m (down 12% from 3Q 2022). Net income: CN¥7.16m (down 85% from 3Q 2022). Profit margin: 4.6% (down from 27% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.048 (vs CN¥0.26 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.048 (down from CN¥0.26 in 2Q 2022). Revenue: CN¥163.0m (up 6.6% from 2Q 2022). Net income: CN¥19.5m (down 81% from 2Q 2022). Profit margin: 12% (down from 68% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.031 (vs CN¥0.15 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.031 (down from CN¥0.15 in 1Q 2022). Revenue: CN¥132.1m (down 6.2% from 1Q 2022). Net income: CN¥12.4m (down 80% from 1Q 2022). Profit margin: 9.4% (down from 43% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Board Change • Dec 14
Less than half of directors are independent 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. 2 independent directors (4 non-independent 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: Minority of independent directors. Insufficient board refreshment. 
