Duyuru • Apr 24
Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 19, 2026 Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 14:30 China Standard Time. Location: 6F, Building No. 1, Yard No. 6, Kegu 2nd Street, Economic and Technological Development Zone, Beijing China Duyuru • Mar 31
Beijing StarNeto Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Beijing StarNeto Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Duyuru • Dec 31
Beijing StarNeto Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Beijing StarNeto Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Duyuru • Sep 30
Beijing StarNeto Technology Co., Ltd. to Report Q3, 2025 Results on Oct 20, 2025 Beijing StarNeto Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 20, 2025 Duyuru • Jul 02
Beijing StarNeto Technology Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Beijing StarNeto Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Duyuru • Apr 28
Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 19, 2025 Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: 6F, Building No. 1, Yard No. 6, Kegu 2nd Street, Economic and Technological Development Zone, Beijing China Duyuru • Mar 31
Beijing StarNeto Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Beijing StarNeto Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Duyuru • Dec 31
Beijing StarNeto Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Beijing StarNeto Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.43 profit in 3Q 2023) Third quarter 2024 results: CN¥0.04 loss per share (down from CN¥0.43 profit in 3Q 2023). Revenue: CN¥92.5m (down 79% from 3Q 2023). Net loss: CN¥7.58m (down 110% from profit in 3Q 2023). Duyuru • Sep 30
Beijing StarNeto Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Beijing StarNeto Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.02 loss per share (vs CN¥0.085 profit in 2Q 2023) Second quarter 2024 results: CN¥0.02 loss per share (down from CN¥0.085 profit in 2Q 2023). Revenue: CN¥94.1m (down 26% from 2Q 2023). Net loss: CN¥3.96m (down 123% from profit in 2Q 2023). Duyuru • Jun 29
Beijing StarNeto Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Beijing StarNeto Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yu Liu 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 • May 26
Beijing Starneto Technology Co., Ltd. Approves Appointments to the Board Beijing StarNeto Technology Co., Ltd. at its Annual General Meeting of 2023 on 23 May 2024, elected Liu Jun as non-independent director, Jia Qingxuan as independent director. Liu Yushuang as independent director, Xiao Xiongbing as independent director. New Risk • Apr 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 32% 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 Dividend is not well covered by cash flows (219% cash payout ratio). Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin). Duyuru • Apr 28
Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 23, 2024 Beijing StarNeto Technology Co., Ltd., Annual General Meeting, May 23, 2024, at 14:30 China Standard Time. Location: 6F, Building 1, Intersection of Kechuang 14th Street and Cuijiayao Middle Road, E-town Development Zone, Yard No. 6, Kegu 2nd Street, Economic and Technological Development Zone, Beijing China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 internal control self-evaluation report; to consider 2023 annual report and its summary; to consider 2023 annual accounts and 2024 financial budget report; to consider 2023 profit distribution plan; to consider 2024 remuneration plan for directors, supervisors and senior management; to consider Special report on fund occupation for non-operational purposes and capital transfer with other related parties; to consider Reappointment of 2024 audit firm; and to consider other matters. Reported Earnings • Apr 27
Full year 2023 earnings released: EPS: CN¥0.27 (vs CN¥1.16 in FY 2022) Full year 2023 results: EPS: CN¥0.27 (down from CN¥1.16 in FY 2022). Revenue: CN¥770.9m (down 28% from FY 2022). Net income: CN¥54.0m (down 75% from FY 2022). Profit margin: 7.0% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥20.72, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 39x in the Electronic industry in China. Total loss to shareholders of 36% over the past year. Duyuru • Mar 30
Beijing StarNeto Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Beijing StarNeto Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥23.44, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 27% over the past year. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥18.05, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥18.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Electronic industry in China. Duyuru • Dec 29
Beijing StarNeto Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Beijing StarNeto Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.93 (vs CN¥0.40 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.93 (up from CN¥0.40 in 3Q 2022). Revenue: CN¥442.4m (up 27% from 3Q 2022). Net income: CN¥74.9m (up 3.8% from 3Q 2022). Profit margin: 17% (down from 21% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Duyuru • Sep 30
Beijing StarNeto Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Beijing StarNeto Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 New Risk • Aug 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 33% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (33% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.24 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.24 in 2Q 2022). Revenue: CN¥126.8m (down 36% from 2Q 2022). Net income: CN¥17.5m (down 59% from 2Q 2022). Profit margin: 14% (down from 22% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Duyuru • Jul 01
Beijing StarNeto Technology Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 Beijing StarNeto Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Duyuru • Jun 29
Beijing StarNeto Technology Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on July 4, 2023 Beijing StarNeto Technology Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 3.60000000 on A shares for the year 2022. Record date is July 3, 2023. Ex-date is July 4, 2023. Payment date is July 4, 2023. Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: CN¥1.39 (vs CN¥1.04 in FY 2021) Full year 2022 results: EPS: CN¥1.39 (up from CN¥1.04 in FY 2021). Revenue: CN¥1.07b (up 40% from FY 2021). Net income: CN¥215.6m (up 34% from FY 2021). Profit margin: 20% (in line with FY 2021). Board Change • Mar 14
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jingwei Liu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.