Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥30.78, the stock trades at a trailing P/E ratio of 65.3x. Average trailing P/E is 73x in the Electronic industry in China. Total returns to shareholders of 11% over the past three years. New Risk • May 06
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 8.0% 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings have declined by 3.0% per year over the past 5 years. High level of non-cash earnings (60% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: CN¥0.21 (vs CN¥0.11 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.21 (up from CN¥0.11 in 1Q 2025). Revenue: CN¥29.9b (up 71% from 1Q 2025). Net income: CN¥158.4m (up 87% from 1Q 2025). Profit margin: 0.5% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Duyuru • Apr 28
Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 19, 2026 Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 19, 2026, at 14:45 China Standard Time. Location: 20F, Tower A, Phase I, No. 151, Zimao West Street, Nanshan Subdistrict, Qianhai Shenzhen Hong Kong Cooperation Zone, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥26.42, the stock trades at a trailing P/E ratio of 58.1x. Average trailing P/E is 61x in the Electronic industry in China. Total loss to shareholders of 13% over the past three years. Duyuru • Mar 31
Shenzhen CECport Technologies Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Duyuru • Dec 31
Shenzhen CECport Technologies Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026 Shenzhen CECport Technologies Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.052 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.052 in 3Q 2024). Revenue: CN¥17.1b (up 29% from 3Q 2024). Net income: CN¥76.7m (up 96% from 3Q 2024). Profit margin: 0.4% (up from 0.3% in 3Q 2024). Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥26.46, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 60x in the Electronic industry in China. Total returns to shareholders of 30% over the past year. New Risk • Oct 09
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: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 7.8% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change). Duyuru • Sep 30
Shenzhen CECport Technologies Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.077 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.13 (up from CN¥0.077 in 2Q 2024). Revenue: CN¥16.1b (up 24% from 2Q 2024). Net income: CN¥96.3m (up 65% from 2Q 2024). Profit margin: 0.6% (up from 0.4% in 2Q 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥22.29, the stock trades at a trailing P/E ratio of 62.7x. Average trailing P/E is 52x in the Electronic industry in China. Total returns to shareholders of 43% over the past year. Duyuru • Jul 02
Shenzhen CECport Technologies Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Shenzhen CECport Technologies Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Declared Dividend • May 31
Dividend of CN¥0.11 announced Shareholders will receive a dividend of CN¥0.11. Ex-date: 9th June 2025 Payment date: 9th June 2025 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • May 22
CECport Approves Cash Dividend Distribution (Tax Included) for 2024 CECport held its Annual General Meeting of 2024 on 20 May 2025 and approved cash dividend distribution for 2024 of CNY 1.12000000 per ten shares (tax included). Board Change • May 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mingjiang Wang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 02
New major risk - Revenue and earnings growth Earnings have declined by 9.8% 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 Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 9.8% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Apr 29
First quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.067 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.067 in 1Q 2024). Revenue: CN¥17.5b (up 49% from 1Q 2024). Net income: CN¥84.6m (up 65% from 1Q 2024). Profit margin: 0.5% (up from 0.4% in 1Q 2024). Duyuru • Apr 29
Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 20, 2025 Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 20, 2025, at 14:45 China Standard Time. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥20.97, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 45x in the Electronic industry in China. Total returns to shareholders of 20% over the past year. Duyuru • Mar 31
Shenzhen CECport Technologies Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥18.31, the stock trades at a trailing P/E ratio of 50.8x. Average trailing P/E is 44x in the Electronic industry in China. Total loss to shareholders of 7.8% over the past year. Duyuru • Dec 31
Shenzhen CECport Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Shenzhen CECport Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥23.69, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 48x in the Electronic industry in China. Total returns to shareholders of 12% over the past year. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.052 (vs CN¥0.046 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.052 (up from CN¥0.046 in 3Q 2023). Revenue: CN¥13.2b (up 58% from 3Q 2023). Net income: CN¥39.2m (up 23% from 3Q 2023). Profit margin: 0.3% (down from 0.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Duyuru • Sep 30
Shenzhen CECport Technologies Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥19.66, the stock trades at a trailing P/E ratio of 56x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 17% over the past year. Reported Earnings • Aug 28
Second quarter 2024 earnings released Second quarter 2024 results: EPS: CN¥0.077. Net income: CN¥58.4m (up CN¥58.4m from 2Q 2023). Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥18.04, the stock trades at a trailing P/E ratio of 63.3x. Average trailing P/E is 38x in the Electronic industry in China. Total loss to shareholders of 29% over the past year. Duyuru • Jun 29
Shenzhen CECport Technologies Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shenzhen CECport Technologies Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 31
Dividend reduced to CN¥0.085 Dividend of CN¥0.085 is 40% lower than last year. Ex-date: 4th June 2024 Payment date: 4th June 2024 Dividend yield will be 0.5%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • May 30
Shenzhen CECport Technologies Co., Ltd. Announces Final Dividend on A Shares for the Year 2023, Payable on June 4, 2024 Shenzhen CECport Technologies Co., Ltd. announced final cash dividend (tax included) of CNY 0.85000000 per 10 shares on A shares for the year 2023. Record date is June 3, 2024. Ex-date is June 4, 2024. Payment date is June 4, 2024. Duyuru • Apr 28
Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 17, 2024 Shenzhen CECport Technologies Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 20F, Tower A, Phase I, No. 151, Zimao West Street, Nanshan Subdistrict, Shenzhen, Guangdong China Agenda: To consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual report and its summary; to consider the 2023 annual accounts report; to consider the 2023 profit distribution plan; to consider the 2024 estimated continuing connected transactions; to consider the 2024 application for comprehensive credit line; to consider the 2024 estimated guarantee quota for wholly-owned subsidiaries; to consider the amendments to the Company's articles of association and handling the industrial and commercial registration; to consider the election of non-independent directors; to consider the election of independent directors; and to consider the election of non-employee supervisors. Duyuru • Apr 27
Shenzhen CECport Technologies Co., Ltd. Proposes Final Dividend for 2023 Shenzhen CECport Technologies Co., Ltd. proposed final cash dividend of CNY 0.85000000 per 10 shares (tax included) for 2023. Duyuru • Mar 30
Shenzhen CECport Technologies Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Mar 21
New minor risk - Dividend sustainability The company has a short dividend paying track record. Continuous dividend paying years: 1 Dividend yield: 0.7% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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 Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risk Short dividend paying track record (1 year of continuous dividend payments). Duyuru • Dec 30
Shenzhen CECport Technologies Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Shenzhen CECport Technologies Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Duyuru • Oct 11
Shenzhen Cecport Technologies Co., Ltd. Announces Directors Appointment Shenzhen CECport Technologies Co., Ltd. in its 3rd Extraordinary General Meeting of 2023 on 09 October 2023 approved the election of Li Jun, Yang Hong and Cao Bei as non-independent directors. Duyuru • Sep 30
Shenzhen CECport Technologies Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Shenzhen CECport Technologies Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Duyuru • May 23
Shenzhen CECport Technologies Co., Ltd. Approves Cash Dividend for the Year 2022 Shenzhen CECport Technologies Co., Ltd. approved cash dividend of CNY 1.42000000 per ten shares (tax included) for the year 2022, at its AGM held on May 19, 2023.