Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Ming Yong Wan 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. Duyuru • Apr 29
UniTTEC Co.,Ltd, Annual General Meeting, May 19, 2026 UniTTEC Co.,Ltd, Annual General Meeting, May 19, 2026, at 13:30 China Standard Time. Location: 17F, Building 4, No. 1785, Jianghan Road, Binjiang District, Hangzhou, Zhejiang China Duyuru • Mar 31
UniTTEC Co.,Ltd to Report Q1, 2026 Results on Apr 29, 2026 UniTTEC Co.,Ltd announced that they will report Q1, 2026 results on Apr 29, 2026 Duyuru • Dec 31
UniTTEC Co.,Ltd to Report Fiscal Year 2025 Results on Apr 29, 2026 UniTTEC Co.,Ltd announced that they will report fiscal year 2025 results on Apr 29, 2026 Duyuru • Sep 30
UniTTEC Co.,Ltd to Report Q3, 2025 Results on Oct 30, 2025 UniTTEC Co.,Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 Duyuru • Jul 02
UniTTEC Co.,Ltd to Report First Half, 2025 Results on Aug 20, 2025 UniTTEC Co.,Ltd announced that they will report first half, 2025 results on Aug 20, 2025 Duyuru • Apr 24
UniTTEC Co.,Ltd, Annual General Meeting, May 14, 2025 UniTTEC Co.,Ltd, Annual General Meeting, May 14, 2025, at 13:30 China Standard Time. Location: 17F, Building 4, No. 1785, Jianghan Road, Binjiang District, Hangzhou, Zhejiang China Duyuru • Mar 31
UniTTEC Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 UniTTEC Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Duyuru • Jan 23
UniTTEC Co.,Ltd (SZSE:000925) announces an Equity Buyback for CNY 15 million worth of its shares. UniTTEC Co.,Ltd (SZSE:000925) announces a share repurchase program. Under the program, the company will repurchase up to CNY 15 million worth of its class A shares. The price to be paid for repurchase should not be more than CNY 12.46 per share. The repurchased shares will be used for cancellation and reduce the company's registered capital. The repurchases will be made through own funds and special loans for share repurchase. The program is subject to shareholders for approval. The program will be valid for 12 months. Duyuru • Dec 31
UniTTEC Co.,Ltd to Report Fiscal Year 2024 Results on Apr 24, 2025 UniTTEC Co.,Ltd announced that they will report fiscal year 2024 results on Apr 24, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.021 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.002 (down from CN¥0.021 in 3Q 2023). Revenue: CN¥494.8m (down 18% from 3Q 2023). Net income: CN¥1.44m (down 88% from 3Q 2023). Profit margin: 0.3% (down from 1.9% in 3Q 2023). The decrease in margin was driven by lower 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, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Duyuru • Oct 09
UniTTEC Co.,Ltd Announces Implementation of 2024 Interim Profit Distribution for A Shares, Payable on 14 October 2024 UniTTEC Co.,Ltd announced 2024 interim profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.15000000. Record date: 11 October 2024. Ex-date: 14 October 2024. Payment date: 14 October 2024. Duyuru • Sep 30
UniTTEC Co.,Ltd to Report Q3, 2024 Results on Oct 29, 2024 UniTTEC Co.,Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 New Risk • Sep 18
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (25% increase in shares outstanding). Duyuru • Aug 31
UniTTEC Co.,Ltd Proposes Interim Dividend for the First Half of 2024 UniTTEC Co.,Ltd proposed interim cash dividend of CNY 0.15000000 per 10 shares (tax included) for the first half of 2024. New Risk • Aug 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% 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 Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (23% increase in shares outstanding). Duyuru • Jun 29
UniTTEC Co.,Ltd to Report First Half, 2024 Results on Aug 30, 2024 UniTTEC Co.,Ltd announced that they will report first half, 2024 results on Aug 30, 2024 Board Change • Jun 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Mingliang Zhang 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. New Risk • Apr 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.5% 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 (4.5% operating cash flow to total debt). Earnings have declined by 2.4% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Duyuru • Apr 29
UniTTEC Co.,Ltd, Annual General Meeting, May 17, 2024 UniTTEC Co.,Ltd, Annual General Meeting, May 17, 2024, at 13:30 China Standard Time. Location: 17F, Building 4, No. 1785, Jianghan Road, Binjiang District, Hangzhou, Zhejiang China Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.11 in FY 2022) Full year 2023 results: EPS: CN¥0.11 (up from CN¥0.11 in FY 2022). Revenue: CN¥2.32b (down 9.2% from FY 2022). Net income: CN¥57.5m (up 2.0% from FY 2022). Profit margin: 2.5% (up from 2.2% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Duyuru • Mar 30
UniTTEC Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 UniTTEC Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Duyuru • Dec 30
UniTTEC Co.,Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024 UniTTEC Co.,Ltd announced that they will report fiscal year 2023 results on Apr 27, 2024 New Risk • Nov 14
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 6.4% 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 Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change). Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.021 (vs CN¥0.006 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.021 (up from CN¥0.006 loss in 3Q 2022). Revenue: CN¥601.4m (down 7.5% from 3Q 2022). Net income: CN¥11.7m (up CN¥15.5m from 3Q 2022). Profit margin: 1.9% (up from net loss in 3Q 2022). Revenue is forecast to grow 17% 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 fallen by 42% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Aug 23
Second quarter 2023 earnings released: CN¥0.021 loss per share (vs CN¥0.05 profit in 2Q 2022) Second quarter 2023 results: CN¥0.021 loss per share (down from CN¥0.05 profit in 2Q 2022). Revenue: CN¥404.2m (down 30% from 2Q 2022). Net loss: CN¥12.2m (down 143% from profit in 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.37 in FY 2021) Full year 2022 results: EPS: CN¥0.11 (down from CN¥0.37 in FY 2021). Revenue: CN¥2.56b (down 12% from FY 2021). Net income: CN¥56.4m (down 72% from FY 2021). Profit margin: 2.2% (down from 6.9% in FY 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥10.44, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 25x in the Electronic industry in China. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥8.96, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 8.1% over the past three years. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥8.11, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 13% over the past three years. Board Change • Nov 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Steven He was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.006 loss per share (vs CN¥0.077 profit in 3Q 2021) Third quarter 2022 results: CN¥0.006 loss per share (down from CN¥0.077 profit in 3Q 2021). Revenue: CN¥650.4m (up 11% from 3Q 2021). Net loss: CN¥3.77m (down 109% from profit in 3Q 2021). Revenue is forecast to grow 6.4% p.a. on average during the next 2 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 41% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 22
Second quarter 2022 earnings released: EPS: CN¥0.049 (vs CN¥0.064 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.049 (down from CN¥0.064 in 2Q 2021). Revenue: CN¥574.8m (down 25% from 2Q 2021). Net income: CN¥28.2m (down 19% from 2Q 2021). Profit margin: 4.9% (up from 4.6% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 21%, compared to a 26% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥8.69, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 23% over the past three years. Board Change • Apr 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non-Independent Director Steven He was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.077 (vs CN¥0.15 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥584.5m (down 2.8% from 3Q 2020). Net income: CN¥40.0m (down 50% from 3Q 2020). Profit margin: 6.8% (down from 13% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥9.58, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 30x in the Electronic industry in China. Total returns to shareholders of 77% over the past three years. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.061 (vs CN¥0.14 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥760.9m (down 15% from 2Q 2020). Net income: CN¥34.9m (down 53% from 2Q 2020). Profit margin: 4.6% (down from 8.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥8.46, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 26x in the Electronic industry in China. Total returns to shareholders of 16% over the past three years. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.059 (vs CN¥0.28 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥474.9m (up 39% from 1Q 2020). Net income: CN¥32.0m (up CN¥184.7m from 1Q 2020). Profit margin: 6.7% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 07
Full year 2020 earnings released: EPS CN¥0.09 (vs CN¥0.24 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥2.96b (up 6.5% from FY 2019). Net income: CN¥50.1m (down 63% from FY 2019). Profit margin: 1.7% (down from 4.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% 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. Is New 90 Day High Low • Feb 06
New 90-day low: CN¥5.80 The company is down 18% from its price of CN¥7.05 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 8.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥6.75 The company is down 23% from its price of CN¥8.72 on 11 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. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥51.4m, down 27% from the prior year. Total revenue was CN¥2.94b over the last 12 months, up 13% from the prior year. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥7.09 The company is down 13% from its price of CN¥8.19 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period.