New Risk • Apr 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 61% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Duyuru • Mar 31
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Reported Earnings • Mar 31
Full year 2025 earnings released: CN¥0.56 loss per share (vs CN¥0.05 loss in FY 2024) Full year 2025 results: CN¥0.56 loss per share (further deteriorated from CN¥0.05 loss in FY 2024). Revenue: CN¥1.60b (up 43% from FY 2024). Net loss: CN¥274.9m (loss widened CN¥247.5m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance. Duyuru • Mar 31
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Annual General Meeting, Apr 21, 2026 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Annual General Meeting, Apr 21, 2026, at 14:30 China Standard Time. Location: 12F, Block A, Jindi Century Building, Qiaoxiang Road, Nanshan District, Shenzhen, Guangdong China New Risk • Mar 23
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 8.2% 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 (currently running at an operating cash loss). Earnings have declined by 49% 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 (8.2% average weekly change). Duyuru • Dec 31
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: CN¥0.11 loss per share (vs CN¥0.039 profit in 3Q 2024) Third quarter 2025 results: CN¥0.11 loss per share (down from CN¥0.039 profit in 3Q 2024). Revenue: CN¥466.4m (up 47% from 3Q 2024). Net loss: CN¥54.2m (down 384% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Duyuru • Sep 30
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report Q3, 2025 Results on Oct 23, 2025 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 23, 2025 Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: CN¥0.004 (vs CN¥0.014 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.004 (down from CN¥0.014 in 2Q 2024). Revenue: CN¥227.4m (down 11% from 2Q 2024). Net income: CN¥1.62m (down 78% from 2Q 2024). Profit margin: 0.7% (down from 2.8% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Duyuru • Jul 02
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Duyuru • Mar 31
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Mar 25
Full year 2024 earnings released: CN¥0.055 loss per share (vs CN¥0.11 profit in FY 2023) Full year 2024 results: CN¥0.055 loss per share (down from CN¥0.11 profit in FY 2023). Revenue: CN¥1.12b (up 4.2% from FY 2023). Net loss: CN¥27.4m (down 148% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Duyuru • Mar 25
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Annual General Meeting, Apr 15, 2025 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Annual General Meeting, Apr 15, 2025, at 14:30 China Standard Time. Location: 12F, Block A, Jindi Century Building, Shahe Subdistrict, Nanshan District, Shenzhen, Guangdong China Duyuru • Dec 31
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 25, 2025 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 25, 2025 Board Change • Nov 01
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Wei Wu was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.039 (vs CN¥0.053 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.039 (down from CN¥0.053 in 3Q 2023). Revenue: CN¥318.1m (flat on 3Q 2023). Net income: CN¥19.1m (down 28% from 3Q 2023). Profit margin: 6.0% (down from 8.3% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Duyuru • Oct 18
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. Approves the Election of Board of Directors Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. held its 3rd Extraordinary General Meeting of 2024 on 14 October 2024, approved the election of Cheng Fei, Zeng Sanlin, and Wu Wei as non-independent director; Chen Zhong and Wang Jingjing as independent director; Dong Shi and Liu Xuanhao as non-employee supervisor. Duyuru • Sep 30
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥6.46, the stock trades at a trailing P/E ratio of 75.9x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 30% over the past three years. New Risk • Sep 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 88% 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: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.014 (vs CN¥0.043 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.014 (down from CN¥0.043 in 2Q 2023). Revenue: CN¥255.9m (up 8.7% from 2Q 2023). Net income: CN¥7.22m (down 66% from 2Q 2023). Profit margin: 2.8% (down from 9.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Aug 06
Now 23% overvalued Over the last 90 days, the stock has fallen 25% to CN¥4.94. The fair value is estimated to be CN¥4.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has declined by 39%. Board Change • Jul 26
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Deputy GM & Director Wang Rong is the most experienced director on the board, commencing their role in 2008. Independent Director Lei Huang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Duyuru • Jun 29
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Reported Earnings • May 02
First quarter 2024 earnings released: EPS: CN¥0.012 (vs CN¥0.013 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.012 (down from CN¥0.013 in 1Q 2023). Revenue: CN¥209.6m (flat on 1Q 2023). Net income: CN¥6.12m (down 8.8% from 1Q 2023). Profit margin: 2.9% (down from 3.2% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Duyuru • Apr 29
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Annual General Meeting, May 21, 2024 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Annual General Meeting, May 21, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China New Risk • Apr 27
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: 5.3% Last year net profit margin: 7.8% 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 2.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin). Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥5.24, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 37x in the Electronic industry in China. Total loss to shareholders of 47% over the past three years. Duyuru • Mar 30
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 New Risk • Mar 02
New major risk - Revenue and earnings growth Earnings have declined by 1.2% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in FY 2022) Full year 2023 results: EPS: CN¥0.15 (down from CN¥0.16 in FY 2022). Revenue: CN¥1.11b (up 8.1% from FY 2022). Net income: CN¥74.0m (down 7.6% from FY 2022). Profit margin: 6.6% (down from 7.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Duyuru • Mar 01
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. Approves Management Appointments Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced at the EGM held on 28 February 2024, approved Election of Huang Lei and Li Yulin independent directors; Liu Zhangyong and Chen Yongming as non-employee supervisor. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥5.61, the stock trades at a trailing P/E ratio of 71x. Average trailing P/E is 34x in the Electronic industry in China. Total loss to shareholders of 49% over the past three years. Duyuru • Dec 30
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2024 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.07 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.053 (down from CN¥0.07 in 3Q 2022). Revenue: CN¥317.3m (up 13% from 3Q 2022). Net income: CN¥26.3m (down 25% from 3Q 2022). Profit margin: 8.3% (down from 13% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 33% 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 • Sep 30
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 New Risk • Aug 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 60% 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 (4.8% net profit margin). Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.043 (vs CN¥0.088 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.043 (down from CN¥0.088 in 2Q 2022). Revenue: CN¥235.5m (down 8.8% from 2Q 2022). Net income: CN¥21.3m (down 51% from 2Q 2022). Profit margin: 9.1% (down from 17% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.18 in FY 2021) Full year 2022 results: EPS: CN¥0.16 (down from CN¥0.18 in FY 2021). Revenue: CN¥1.03b (up 11% from FY 2021). Net income: CN¥80.0m (down 13% from FY 2021). Profit margin: 7.8% (down from 9.8% in FY 2021). The decrease in margin was driven by higher expenses. 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 • Mar 02
Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.18 in FY 2021) Full year 2022 results: EPS: CN¥0.16 (down from CN¥0.18 in FY 2021). Revenue: CN¥1.03b (up 11% from FY 2021). Net income: CN¥80.9m (down 12% from FY 2021). Profit margin: 7.9% (down from 9.8% in FY 2021). The decrease in margin was driven by higher expenses. 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 2% per year. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥8.13, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 35x in the Electronic industry in China. Total loss to shareholders of 7.6% over the past three years. 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. 4 non-independent directors. Independent Director Zhang Jin Hui 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¥0.07 (vs CN¥0.078 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.07 (down from CN¥0.078 in 3Q 2021). Revenue: CN¥280.2m (up 11% from 3Q 2021). Net income: CN¥35.0m (down 14% from 3Q 2021). Profit margin: 13% (down from 16% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.088 (vs CN¥0.061 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.088 (up from CN¥0.061 in 2Q 2021). Revenue: CN¥258.3m (up 24% from 2Q 2021). Net income: CN¥43.9m (up 48% from 2Q 2021). Profit margin: 17% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year. Duyuru • May 08
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. Approves No Final Dividend for the Year 2021 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. held its Annual General Meeting of 2021 on 29 April 2022 and Cash dividend/10 shares (tax included): CNY 0.00000000 for 2021 was approved. Reported Earnings • Apr 29
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: EPS: CN¥0.033 (down from CN¥0.036 in 1Q 2021). Revenue: CN¥219.1m (up 22% from 1Q 2021). Net income: CN¥16.4m (down 8.7% from 1Q 2021). Profit margin: 7.5% (down from 10.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.6%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. 4 non-independent directors. Independent Director Zhang Jin Hui 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. Duyuru • Apr 13
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Annual General Meeting, Apr 29, 2022 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Annual General Meeting, Apr 29, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; and to discuss other matters. Duyuru • Apr 12
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. Proposes No Final Dividend for the Year 2021 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced on 11 April 2022 the profit distribution proposal for 2021 as final cash dividend (tax included) of CNY 0.00000000 per ten shares. Reported Earnings • Apr 10
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: CN¥0.18 (down from CN¥0.29 in FY 2020). Revenue: CN¥930.3m (up 4.9% from FY 2020). Net income: CN¥91.5m (down 30% from FY 2020). Profit margin: 9.8% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.6%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 04
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: CN¥0.20 (down from CN¥0.29 in FY 2020). Revenue: CN¥937.9m (up 5.7% from FY 2020). Net income: CN¥97.4m (down 25% from FY 2020). Profit margin: 10% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.6%. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.078 (vs CN¥0.089 in 3Q 2020) The company reported a solid third quarter result with improved earnings, although revenues and profit margins were flat. Third quarter 2021 results: Revenue: CN¥253.5m (flat on 3Q 2020). Net income: CN¥40.6m (up 1.0% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.061 (vs CN¥0.061 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¥208.2m (down 8.7% from 2Q 2020). Net income: CN¥29.6m (up 7.6% from 2Q 2020). Profit margin: 14% (up from 12% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 07
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. (SZSE:300227) commences an Equity Buyback Plan for CNY 100 million worth of its shares, under the authorization approved on April 30, 2021. Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. (SZSE:300227) commences share repurchases on April 30, 2021, under the program mandated by the shareholders in the Extraordinary General Meeting held on April 15, 2021. As per the mandate, the company is authorized to repurchase up to CNY 100 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 14 per share. The program will be funded out of company's own funds. The repurchased shares will be used for the implementation of the company's employee shareholding plan or equity incentives. The program will be valid till 12 months from date of shareholder's approval. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.036 (vs CN¥0.029 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥179.4m (up 24% from 1Q 2020). Net income: CN¥18.0m (up 41% from 1Q 2020). Profit margin: 10.0% (up from 8.9% in 1Q 2020). The increase in margin was driven by higher revenue. 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 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 09
Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.17 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥887.2m (up 12% from FY 2019). Net income: CN¥129.8m (up 80% from FY 2019). Profit margin: 15% (up from 9.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year. Is New 90 Day High Low • Mar 09
New 90-day low: CN¥10.27 The company is down 11% from its price of CN¥11.59 on 09 December 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 down 5.0% over the same period. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.27 (vs CN¥0.17 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥922.0m (up 17% from FY 2019). Net income: CN¥127.9m (up 78% from FY 2019). Profit margin: 14% (up from 9.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year. Duyuru • Feb 10
Sunshine Announces Executive Appointments Sunshine at its Extraordinary General Meeting of 2021 on 08 February 2021, approved election of Zhang Jinhui and Huang Lin as independent directors and election of Zhu Mingxue and Liu Changyong as non-employee supervisors. Is New 90 Day High Low • Jan 22
New 90-day high: CN¥12.79 The company is up 21% from its price of CN¥10.56 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: CN¥12.42 The company is up 26% from its price of CN¥9.83 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 3.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥93.5m, up 42% from the prior year. Total revenue was CN¥874.5m over the last 12 months, up 27% from the prior year. Is New 90 Day High Low • Sep 25
New 90-day low: CN¥9.83 The company is down 1.0% from its price of CN¥9.92 on 24 June 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 5.0% over the same period. Duyuru • Aug 13
Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020