Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥36.99, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 44x in the Electronic industry in China. Total loss to shareholders of 14% over the past three years. Duyuru • Jun 30
DongHua Testing Technology Co. , Ltd. to Report First Half, 2026 Results on Aug 24, 2026 DongHua Testing Technology Co. , Ltd. announced that they will report first half, 2026 results on Aug 24, 2026 Declared Dividend • May 30
Dividend increased to CN¥0.20 Dividend of CN¥0.20 is 13% higher than last year. Ex-date: 3rd June 2026 Payment date: 3rd June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 32% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Apr 21
DongHua Testing Technology Co. , Ltd., Annual General Meeting, May 12, 2026 DongHua Testing Technology Co. , Ltd., Annual General Meeting, May 12, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Jingjiang, Jiangsu China Duyuru • Mar 31
DongHua Testing Technology Co. , Ltd. to Report Q1, 2026 Results on Apr 21, 2026 DongHua Testing Technology Co. , Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Duyuru • Dec 31
DongHua Testing Technology Co. , Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 DongHua Testing Technology Co. , Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Duyuru • Sep 30
DongHua Testing Technology Co. , Ltd. to Report Q3, 2025 Results on Oct 22, 2025 DongHua Testing Technology Co. , Ltd. announced that they will report Q3, 2025 results on Oct 22, 2025 Duyuru • Jul 02
DongHua Testing Technology Co. , Ltd. to Report First Half, 2025 Results on Aug 15, 2025 DongHua Testing Technology Co. , Ltd. announced that they will report first half, 2025 results on Aug 15, 2025 Duyuru • Apr 26
DongHua Testing Technology Co. , Ltd. announced that it expects to receive CNY 150.2825 million in funding DongHua Testing Technology Co. , Ltd. announced a private placement of 5,000,000 ordinary shares (A share) for the gross proceeds of CNY 150,282,500 on April 24, 2025. The issue price of this offering shall not be lower than the issue floor price, that is, not less than 80% of the average trading price of the company's shares in the 20 trading days before the pricing benchmark date. The transaction will include participation from securities investment fund management companies, securities companies, trust companies, finance companies, asset management companies, insurance institutional investors, qualified foreign institutional investors, CNY qualified foreign institutional investors (including the self-operated accounts or managed investment product accounts of the above investors) and other institutional investors in accordance with the regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange, as well as other legal persons, No more than 35 specific targets, such as natural persons or other qualified investors. The shares in this offering are not transferable for a period of 6 months from the date of closing of the offering. The transaction has been approved by the shareholders of the company in the 5th meeting of the 6th board of directors and the 5th meeting of the 6th board of supervisors of the company. The transaction is subjected to company's shareholders' meeting has approved the proposal, Company's shareholders' meeting has approved the proposal, Company's shareholders' meeting has approved the proposal. Duyuru • Apr 19
DongHua Testing Technology Co. , Ltd. Proposes Final Cash Dividend for the Year 2024 DongHua Testing Technology Co., Ltd. proposed final Cash dividend/10 shares (tax included) of CNY 1.77000000 for the year 2024. Duyuru • Apr 18
DongHua Testing Technology Co. , Ltd., Annual General Meeting, May 09, 2025 DongHua Testing Technology Co. , Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jingjiang, Jiangsu China Duyuru • Mar 31
DongHua Testing Technology Co. , Ltd. to Report Q1, 2025 Results on Apr 18, 2025 DongHua Testing Technology Co. , Ltd. announced that they will report Q1, 2025 results on Apr 18, 2025 Duyuru • Dec 31
DongHua Testing Technology Co. , Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 DongHua Testing Technology Co. , Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.26 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.26 in 3Q 2023). Revenue: CN¥78.3m (down 26% from 3Q 2023). Net income: CN¥24.7m (down 34% from 3Q 2023). Profit margin: 32% (down from 35% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥33.69, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Electronic industry in China. Total returns to shareholders of 1.6% over the past year. Duyuru • Sep 30
DongHua Testing Technology Co. , Ltd. to Report Q3, 2024 Results on Oct 22, 2024 DongHua Testing Technology Co. , Ltd. announced that they will report Q3, 2024 results on Oct 22, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥32.40, 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 17% over the past year. Duyuru • Aug 22
Xu Jiankang agreed to acquire 16% stake in Shanghai Donghao Smart Hydrogen Energy Technology Co., Ltd. from DongHua Testing Technology Co. , Ltd. (SZSE:300354), You Siming and Chen Ming for CNY 0.8 million. Xu Jiankang agreed to acquire 16% stake in Shanghai Donghao Smart Hydrogen Energy Technology Co., Ltd. from DongHua Testing Technology Co. , Ltd. (SZSE:300354), You Siming and Chen Ming for CNY 0.8 million on August 16, 2024. As of June 30, 2024, Shanghai Donghao Smart Hydrogen Energy Technology Co., Ltd. reported total assets of CNY 4.99 million and total common equity of CNY 4.99 million. The transaction is subject to approval of merger agreement by target board. The deal has been approved by the board. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.26 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.34 (up from CN¥0.26 in 2Q 2023). Revenue: CN¥171.5m (up 34% from 2Q 2023). Net income: CN¥47.0m (up 35% from 2Q 2023). Profit margin: 27% (in line with 2Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Duyuru • Jun 29
DongHua Testing Technology Co. , Ltd. to Report First Half, 2024 Results on Aug 20, 2024 DongHua Testing Technology Co. , Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 Buy Or Sell Opportunity • May 10
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.6% to CN¥39.51. The fair value is estimated to be CN¥51.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 141% in 2 years. Earnings are forecast to grow by 193% in the next 2 years. Buy Or Sell Opportunity • Apr 20
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.6% to CN¥39.60. The fair value is estimated to be CN¥52.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 141% in 2 years. Earnings are forecast to grow by 193% in the next 2 years. Reported Earnings • Apr 18
First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.074 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.074 in 1Q 2023). Revenue: CN¥104.3m (up 45% from 1Q 2023). Net income: CN¥27.3m (up 166% from 1Q 2023). Profit margin: 26% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Duyuru • Apr 16
DongHua Testing Technology Co. , Ltd., Annual General Meeting, May 07, 2024 DongHua Testing Technology Co. , Ltd., Annual General Meeting, May 07, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jingjiang, Jiangsu China Buy Or Sell Opportunity • Apr 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to CN¥41.95. The fair value is estimated to be CN¥53.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to grow by 110% in 2 years. Earnings are forecast to grow by 107% in the next 2 years. Duyuru • Mar 30
DongHua Testing Technology Co. , Ltd. to Report Q1, 2024 Results on Apr 16, 2024 DongHua Testing Technology Co. , Ltd. announced that they will report Q1, 2024 results on Apr 16, 2024 Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥42.45, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 23x in the Electronic industry in China. Total loss to shareholders of 6.2% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥60.70 per share. Buy Or Sell Opportunity • Mar 07
Now 21% undervalued Over the last 90 days, the stock has risen 7.4% to CN¥47.80. The fair value is estimated to be CN¥60.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 129% in 2 years. Earnings are forecast to grow by 121% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥40.15, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Electronic industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥60.85 per share. New Risk • Feb 08
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 9.1% 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 Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (30% accrual ratio). Buying Opportunity • Jan 17
Now 21% undervalued Over the last 90 days, the stock is up 36%. The fair value is estimated to be CN¥55.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 142% in 2 years. Earnings is forecast to grow by 139% in the next 2 years. Duyuru • Dec 30
DongHua Testing Technology Co. , Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 DongHua Testing Technology Co. , Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 Buying Opportunity • Dec 04
Now 20% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be CN¥56.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 142% in 2 years. Earnings is forecast to grow by 139% in the next 2 years. New Risk • Nov 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 6.5% 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 High level of non-cash earnings (30% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥38.58, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the Electronic industry in China. Simply Wall St's valuation model estimates the intrinsic value at CN¥57.18 per share. Duyuru • Oct 28
DongHua Testing Technology Co. , Ltd. (SZSE:300354) announces an Equity Buyback for CNY 13.5 million worth of its shares. DongHua Testing Technology Co. , Ltd. (SZSE:300354) announces a share repurchase program. Under the program, the company will repurchase up to CNY 13.5 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 45 per share. The shares purchased will be used for the company's equity incentive plan. The program will be valid till 6 months. Reported Earnings • Oct 23
Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.21 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.21 in 3Q 2022). Revenue: CN¥105.4m (up 27% from 3Q 2022). Net income: CN¥37.3m (up 30% from 3Q 2022). Profit margin: 35% (in line with 3Q 2022). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.16 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.16 in 2Q 2022). Revenue: CN¥128.4m (up 37% from 2Q 2022). Net income: CN¥34.7m (up 56% from 2Q 2022). Profit margin: 27% (up from 24% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Duyuru • Jul 01
DongHua Testing Technology Co. , Ltd. to Report First Half, 2023 Results on Aug 22, 2023 DongHua Testing Technology Co. , Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Mar 14
Full year 2022 earnings released: EPS: CN¥0.88 (vs CN¥0.58 in FY 2021) Full year 2022 results: EPS: CN¥0.88 (up from CN¥0.58 in FY 2021). Revenue: CN¥367.1m (up 43% from FY 2021). Net income: CN¥121.8m (up 52% from FY 2021). Profit margin: 33% (up from 31% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Board Change • Mar 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Zhushi Rao 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.