Duyuru • Apr 24
Shengyi Electronics Co., Ltd., Annual General Meeting, May 15, 2026 Shengyi Electronics Co., Ltd., Annual General Meeting, May 15, 2026, at 14:00 China Standard Time. Location: R and D Center, No. 33, Tongzhen Road, Tongsha Science and Technology Industrial Park, Dongcheng District, Dongguan, Guangdong China Reported Earnings • Apr 24
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: CN¥1.80 (up from CN¥0.40 in FY 2024). Revenue: CN¥9.49b (up 103% from FY 2024). Net income: CN¥1.47b (up 344% from FY 2024). Profit margin: 16% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 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 8.3% 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. Duyuru • Mar 30
Shengyi Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shengyi Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Mar 04
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change). Reported Earnings • Mar 01
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: CN¥1.80 (up from CN¥0.40 in FY 2024). Revenue: CN¥9.49b (up 103% from FY 2024). Net income: CN¥1.47b (up 344% from FY 2024). Profit margin: 16% (up from 7.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 10.0%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has increased by 97% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Feb 02
Price target increased by 56% to CN¥99.00 Up from CN¥63.50, the current price target is provided by 1 analyst. New target price is 12% above last closing price of CN¥88.10. Stock is up 143% over the past year. The company is forecast to post earnings per share of CN¥2.00 for next year compared to CN¥0.40 last year. Major Estimate Revision • Jan 15
Consensus revenue estimates increase by 10% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥8.49b to CN¥9.34b. EPS estimate increased from CN¥1.70 to CN¥2.00 per share. Net income forecast to grow 56% next year vs 48% growth forecast for Electronic industry in China. Consensus price target up from CN¥63.50 to CN¥66.50. Share price was steady at CN¥96.60 over the past week. Duyuru • Dec 26
Shengyi Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Shengyi Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥98.02, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 884% over the past three years. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.71 (vs CN¥0.11 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.71 (up from CN¥0.11 in 3Q 2024). Revenue: CN¥3.06b (up 154% from 3Q 2024). Net income: CN¥584.2m (up CN¥493.7m from 3Q 2024). Profit margin: 19% (up from 7.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Sep 30
Shengyi Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shengyi Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥65.10, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 531% over the past three years. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: CN¥0.40 (vs CN¥0.097 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.40 (up from CN¥0.097 in 2Q 2024). Revenue: CN¥2.19b (up 101% from 2Q 2024). Net income: CN¥330.3m (up 374% from 2Q 2024). Profit margin: 15% (up from 6.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Jul 22
Consensus EPS estimates increase by 21% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CN¥6.79b to CN¥7.41b. EPS estimate increased from CN¥0.975 to CN¥1.18 per share. Net income forecast to grow 111% next year vs 45% growth forecast for Electronic industry in China. Consensus price target up from CN¥31.00 to CN¥43.50. Share price rose 2.5% to CN¥49.00 over the past week. Duyuru • Jun 30
Shengyi Electronics Co., Ltd. to Report First Half, 2025 Results on Aug 16, 2025 Shengyi Electronics Co., Ltd. announced that they will report first half, 2025 results on Aug 16, 2025 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥48.30, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 362% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥75.87 per share. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥38.27, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 276% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.98 per share. Duyuru • May 14
Shengyi Electronics Co., Ltd. (SHSE:688183) announces an Equity Buyback for CNY 100 million worth of its shares. Shengyi Electronics Co., Ltd. (SHSE:688183) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 100 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 43.02 per share. The repurchases will be funded from own funds. The repurchased shares are intended to be used for equity incentives or employee stock ownership plans. The program is subject to shareholders' approval. The plan will be valid within 12 months from the date the company's board of directors approves the share repurchase plan. New Risk • May 10
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥29.78, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 220% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.44 per share. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.03 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.25 (up from CN¥0.03 in 1Q 2024). Revenue: CN¥1.58b (up 79% from 1Q 2024). Net income: CN¥200.2m (up CN¥173.7m from 1Q 2024). Profit margin: 13% (up from 3.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Major Estimate Revision • Apr 30
Consensus EPS estimates fall by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥7.23b to CN¥6.73b. EPS estimate also fell from CN¥1.08 per share to CN¥0.888 per share. Net income forecast to grow 123% next year vs 49% growth forecast for Electronic industry in China. Consensus price target down from CN¥41.00 to CN¥34.00. Share price rose 2.7% to CN¥25.90 over the past week. Buy Or Sell Opportunity • Apr 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to CN¥24.74. The fair value is estimated to be CN¥30.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 40% per annum over the same time period. Duyuru • Apr 22
Shengyi Electronics Co., Ltd., Annual General Meeting, May 12, 2025 Shengyi Electronics Co., Ltd., Annual General Meeting, May 12, 2025, at 14:00 China Standard Time. Buy Or Sell Opportunity • Apr 07
Now 31% undervalued after recent price drop Over the last 90 days, the stock has fallen 45% to CN¥21.77. The fair value is estimated to be CN¥31.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 40% per annum over the same time period. Duyuru • Mar 28
Shengyi Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shengyi Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Mar 28
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: CN¥0.40 (up from CN¥0.03 loss in FY 2023). Revenue: CN¥4.69b (up 43% from FY 2023). Net income: CN¥332.0m (up CN¥357.0m from FY 2023). Profit margin: 7.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.0%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Duyuru • Mar 28
Shengyi Electronics Co., Ltd., Annual General Meeting, Apr 21, 2025 Shengyi Electronics Co., Ltd., Annual General Meeting, Apr 21, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China New Risk • Feb 24
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 10% 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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Large one-off items impacting financial results. Buy Or Sell Opportunity • Jan 22
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to CN¥40.36. The fair value is estimated to be CN¥32.06, 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. Earnings per share has declined by 48%. Revenue is forecast to grow by 80% in 2 years. Earnings are forecast to grow by 417% in the next 2 years. Buy Or Sell Opportunity • Jan 07
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 57% to CN¥39.70. The fair value is estimated to be CN¥32.22, 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. Earnings per share has declined by 48%. Revenue is forecast to grow by 80% in 2 years. Earnings are forecast to grow by 417% in the next 2 years. Duyuru • Dec 27
Shengyi Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 28, 2025 Shengyi Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 28, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.037 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.037 loss in 3Q 2023). Revenue: CN¥1.21b (up 49% from 3Q 2023). Net income: CN¥90.4m (up CN¥117.7m from 3Q 2023). Profit margin: 7.5% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Duyuru • Sep 30
Shengyi Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Shengyi Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.016 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.097 (up from CN¥0.016 in 2Q 2023). Revenue: CN¥1.09b (up 30% from 2Q 2023). Net income: CN¥69.6m (up 413% from 2Q 2023). Profit margin: 6.4% (up from 1.6% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Duyuru • Jun 29
Shengyi Electronics Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shengyi Electronics Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.005 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.03 (up from CN¥0.005 loss in 1Q 2023). Revenue: CN¥884.6m (up 19% from 1Q 2023). Net income: CN¥26.4m (up CN¥30.5m from 1Q 2023). Profit margin: 3.0% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Duyuru • Mar 30
Shengyi Electronics Co., Ltd. (SHSE:688183) announces an Equity Buyback for CNY 150 million worth of its shares. Shengyi Electronics Co., Ltd. (SHSE:688183) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 150 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 13.13 per share. The repurchases will be funded from own funds. The repurchased shares will be used for equity incentive or as employee shareholding plan. The plan will be valid for 12 months. Duyuru • Mar 29
Shengyi Electronics Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Shengyi Electronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Duyuru • Mar 28
Shengyi Electronics Co., Ltd., Annual General Meeting, Apr 18, 2024 Shengyi Electronics Co., Ltd., Annual General Meeting, Apr 18, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China Reported Earnings • Mar 28
Full year 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.38 profit in FY 2022) Full year 2023 results: CN¥0.03 loss per share (down from CN¥0.38 profit in FY 2022). Revenue: CN¥3.27b (down 7.4% from FY 2022). Net loss: CN¥25.0m (down 108% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 24
Full year 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.38 profit in FY 2022) Full year 2023 results: CN¥0.03 loss per share (down from CN¥0.38 profit in FY 2022). Revenue: CN¥3.27b (down 7.4% from FY 2022). Net loss: CN¥25.0m (down 108% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.037 loss per share (vs CN¥0.09 profit in 3Q 2022) Third quarter 2023 results: CN¥0.037 loss per share (down from CN¥0.09 profit in 3Q 2022). Revenue: CN¥808.1m (down 7.8% from 3Q 2022). Net loss: CN¥27.2m (down 136% from profit in 3Q 2022). New Risk • Aug 19
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.9% Last year net profit margin: 7.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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 Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.9% net profit margin). Duyuru • Jun 28
Shengyi Electronics Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Shengyi Electronics Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥14.61, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 40x in the Electronic industry in China. Total returns to shareholders of 53% over the past year. Reported Earnings • Mar 29
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.38 (up from CN¥0.33 in FY 2021). Revenue: CN¥3.53b (down 3.1% from FY 2021). Net income: CN¥312.9m (up 18% from FY 2021). Profit margin: 8.9% (up from 7.2% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 16%. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥13.37, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 39x in the Electronic industry in China. Total returns to shareholders of 24% over the past year. Reported Earnings • Feb 17
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.38 (up from CN¥0.33 in FY 2021). Revenue: CN¥3.53b (down 3.1% from FY 2021). Net income: CN¥312.9m (up 18% from FY 2021). Profit margin: 8.9% (up from 7.2% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Board Change • Nov 16
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. 9 experienced directors. No highly experienced directors. 2 independent directors (5 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. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.062 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.09 (up from CN¥0.062 in 3Q 2021). Revenue: CN¥876.6m (down 10% from 3Q 2021). Net income: CN¥74.9m (up 40% from 3Q 2021). Profit margin: 8.5% (up from 5.5% in 3Q 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.081 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.081 in 2Q 2021). Revenue: CN¥938.7m (up 5.9% from 2Q 2021). Net income: CN¥86.3m (up 34% from 2Q 2021). Profit margin: 9.2% (up from 7.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 46%, compared to a 26% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥11.37, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 21% over the past year. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.09 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.09 (vs CN¥0.09 in 1Q 2021). Revenue: CN¥860.4m (up 7.2% from 1Q 2021). Net income: CN¥74.7m (up 16% from 1Q 2021). Profit margin: 8.7% (up from 8.0% in 1Q 2021). Over the next year, revenue is forecast to grow 38%, compared to a 25% growth forecast for the industry in China. Board Change • Apr 27
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. No highly experienced 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: Insufficient board refreshment. Reported Earnings • Mar 04
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.33 (down from CN¥0.66 in FY 2020). Revenue: CN¥3.65b (flat on FY 2020). Net income: CN¥264.3m (down 40% from FY 2020). Profit margin: 7.2% (down from 12% in FY 2020). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 16%. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥13.42, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 24x in the Electronic industry in China. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS CN¥0.66 (vs CN¥0.66 in FY 2019) The company reported a mediocre full year result with weaker profit margins, although earnings were flat and revenues improved. Full year 2020 results: Revenue: CN¥3.63b (up 17% from FY 2019). Net income: CN¥439.2m (flat on FY 2019). Profit margin: 12% (down from 14% in FY 2019). The decrease in margin was driven by higher expenses.