Duyuru • Apr 23
Kunshan Kersen Science & Technology Co.,Ltd., Annual General Meeting, May 13, 2026 Kunshan Kersen Science & Technology Co.,Ltd., Annual General Meeting, May 13, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Kunshan, Jiangsu China Board Change • Apr 01
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. 5 experienced directors. 4 highly experienced directors. Director Yuanliang Liu was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Mar 30
Kunshan Kersen Science & Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 New Risk • Feb 03
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 9.7% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Earnings have declined by 63% per year over the past 5 years. Duyuru • Dec 26
Kunshan Kersen Science & Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.017 loss per share (vs CN¥0.13 loss in 3Q 2024) Third quarter 2025 results: CN¥0.017 loss per share (improved from CN¥0.13 loss in 3Q 2024). Revenue: CN¥870.7m (down 1.1% from 3Q 2024). Net loss: CN¥9.56m (loss narrowed 87% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Duyuru • Sep 30
Kunshan Kersen Science & Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Aug 20
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: Major Risks Debt is not well covered by operating cash flow (7.4% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Duyuru • Jun 30
Kunshan Kersen Science & Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • May 04
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.5% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Reported Earnings • May 02
Full year 2024 earnings released: CN¥0.86 loss per share (vs CN¥0.51 loss in FY 2023) Full year 2024 results: CN¥0.86 loss per share (further deteriorated from CN¥0.51 loss in FY 2023). Revenue: CN¥3.38b (up 30% from FY 2023). Net loss: CN¥476.8m (loss widened 69% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. Duyuru • Apr 29
Kunshan Kersen Science & Technology Co.,Ltd., Annual General Meeting, May 22, 2025 Kunshan Kersen Science & Technology Co.,Ltd., Annual General Meeting, May 22, 2025, at 14:00 China Standard Time. New Risk • Apr 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 7.9% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Minor Risks High level of debt (46% net debt to equity). Share price has been volatile over the past 3 months (7.9% average weekly change). Duyuru • Mar 28
Kunshan Kersen Science & Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Duyuru • Dec 27
Kunshan Kersen Science & Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025 Duyuru • Sep 30
Kunshan Kersen Science & Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Aug 26
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 264% Earnings have declined by 19% per year over the past 5 years. Minor Risk High level of debt (42% net debt to equity). Duyuru • Jun 28
Kunshan Kersen Science & Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 26, 2024 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 26, 2024 Buy Or Sell Opportunity • Apr 23
Now 20% overvalued Over the last 90 days, the stock has fallen 13% to CN¥5.60. The fair value is estimated to be CN¥4.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making. Duyuru • Apr 19
Kunshan Kersen Science & Technology Co.,Ltd., Annual General Meeting, May 15, 2024 Kunshan Kersen Science & Technology Co.,Ltd., Annual General Meeting, May 15, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Kunshan, Jiangsu China Reported Earnings • Apr 18
Full year 2023 earnings released: CN¥0.51 loss per share (vs CN¥0.16 profit in FY 2022) Full year 2023 results: CN¥0.51 loss per share (down from CN¥0.16 profit in FY 2022). Revenue: CN¥2.60b (down 24% from FY 2022). Net loss: CN¥281.4m (down 424% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Duyuru • Mar 29
Kunshan Kersen Science & Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Duyuru • Feb 22
Kunshan Kersen Science & Technology Co.,Ltd. (SHSE:603626) announces an Equity Buyback for CNY 30 million worth of its shares. Kunshan Kersen Science & Technology Co.,Ltd. (SHSE:603626) announces a share repurchase program. Under the program, the company will repurchase its A shares for a total of CNY 30 million. The shares will be purchased at a price not exceeding CNY 10.77 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive plan. The program will be valid for 12 months. Duyuru • Dec 29
Kunshan Kersen Science & Technology Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 18, 2024 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 18, 2024 New Risk • Nov 30
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 6.0% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.16 loss per share (vs CN¥0.031 profit in 3Q 2022) Third quarter 2023 results: CN¥0.16 loss per share (down from CN¥0.031 profit in 3Q 2022). Revenue: CN¥628.6m (down 33% from 3Q 2022). Net loss: CN¥90.9m (down CN¥108.2m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 22% per year. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.026 (vs CN¥0.026 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.026 (in line with 2Q 2022). Revenue: CN¥760.8m (up 21% from 2Q 2022). Net income: CN¥14.5m (down 1.3% from 2Q 2022). Profit margin: 1.9% (down from 2.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Duyuru • Jun 28
Kunshan Kersen Science & Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.71 in FY 2021) Full year 2022 results: EPS: CN¥0.16 (down from CN¥0.71 in FY 2021). Revenue: CN¥3.42b (down 17% from FY 2021). Net income: CN¥86.8m (down 77% from FY 2021). Profit margin: 2.5% (down from 8.9% in FY 2021). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Dec 19
Kunshan Kersen Science & Technology Co.,Ltd.(XSSC:603626) dropped from S&P Global BMI Index Kunshan Kersen Science & Technology Co.,Ltd.(XSSC:603626) dropped from S&P Global BMI Index 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 Shulin Wang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.031 (vs CN¥0.05 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.031 (down from CN¥0.05 in 3Q 2021). Revenue: CN¥937.9m (up 16% from 3Q 2021). Net income: CN¥17.2m (down 33% from 3Q 2021). Profit margin: 1.8% (down from 3.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: CN¥0.026 (vs CN¥0.56 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.026 (down from CN¥0.56 in 2Q 2021). Revenue: CN¥629.8m (down 26% from 2Q 2021). Net income: CN¥14.6m (down 95% from 2Q 2021). Profit margin: 2.3% (down from 33% in 2Q 2021). Over the next year, revenue is forecast to grow 82%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥8.04, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 2.2% over the past three years. Reported Earnings • Apr 28
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: CN¥0.71 (up from CN¥0.10 loss in FY 2020). Revenue: CN¥4.15b (up 20% from FY 2020). Net income: CN¥369.0m (up CN¥416.7m from FY 2020). Profit margin: 8.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) also surpassed analyst estimates by 3.1%. Over the next year, revenue is forecast to grow 43%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 54% 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
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. 12 experienced directors. No highly experienced directors. 3 independent directors (7 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. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥8.23, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 22x in the Electronic industry in China. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥10.51, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥13.06, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥11.12, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 42x in the Electronic industry in China. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥11.38, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 29% over the past three years. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS CN¥0.05 (vs CN¥0.082 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥807.6m (down 28% from 3Q 2020). Net income: CN¥25.8m (down 34% from 3Q 2020). Profit margin: 3.2% (down from 3.5% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥13.60, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 21% over the past three years. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.56 (vs CN¥0.049 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥853.7m (down 5.2% from 2Q 2020). Net income: CN¥280.5m (up CN¥258.5m from 2Q 2020). Profit margin: 33% (up from 2.5% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: CN¥0.10 loss per share (vs CN¥0.45 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: CN¥3.47b (up 63% from FY 2019). Net loss: CN¥47.6m (loss narrowed 74% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 12
New 90-day low: CN¥8.79 The company is down 26% from its price of CN¥11.85 on 11 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥10.05 The company is down 37% from its price of CN¥16.00 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 Electronic industry, which is up 4.0% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥10.91 The company is down 36% from its price of CN¥16.93 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 Electronic industry, which is up 2.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥11.09 The company is down 31% from its price of CN¥15.98 on 25 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 Electronic industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥13.00 The company is down 14% from its price of CN¥15.16 on 10 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 Electronic industry, which is up 5.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day low: CN¥14.11 The company is down 6.0% from its price of CN¥14.96 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period. Duyuru • Oct 19
Kunshan Kersen Science & Technology Co.,Ltd. to Report Q3, 2020 Results on Oct 21, 2020 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report Q3, 2020 results on Oct 21, 2020 Duyuru • Jul 17
Kunshan Kersen Science & Technology Co.,Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Kunshan Kersen Science & Technology Co.,Ltd. announced that they will report first half, 2020 results on Aug 28, 2020