Duyuru • Jun 30
Shenzhen Gongjin Electronics Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Duyuru • Jun 04
Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) announces an Equity Buyback for CNY 200 million worth of its shares. Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 22.54 per share. The repurchased shares will be used for ESOP and/or equity incentives and shares not used within 3 years after the completion of the repurchase will be cancelled. The repurchase will be funded from company's own or self-financing. The program will be valid for 12 months from board approval date. Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Director Chun’an Huang was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Duyuru • Apr 25
Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 15, 2026 Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: 8F, Building 4, No. 2, Danzi North Road, Kengzi Subdistrict, Pingshan District, Shenzhen, Guangdong China Duyuru • Mar 30
Shenzhen Gongjin Electronics Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Duyuru • Dec 26
Shenzhen Gongjin Electronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Duyuru • Sep 30
Shenzhen Gongjin Electronics Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Duyuru • Jun 30
Shenzhen Gongjin Electronics Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Duyuru • Apr 29
Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2025 Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Duyuru • Mar 28
Shenzhen Gongjin Electronics Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Duyuru • Dec 27
Shenzhen Gongjin Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.074 (vs CN¥0.028 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.074 (up from CN¥0.028 loss in 3Q 2023). Revenue: CN¥2.06b (down 11% from 3Q 2023). Net income: CN¥30.2m (up CN¥52.6m from 3Q 2023). Profit margin: 1.5% (up from net loss in 3Q 2023). 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 • Sep 30
Shenzhen Gongjin Electronics Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 20
Second quarter 2024 earnings released: CN¥0.022 loss per share (vs CN¥0.16 profit in 2Q 2023) Second quarter 2024 results: CN¥0.022 loss per share (down from CN¥0.16 profit in 2Q 2023). Revenue: CN¥2.07b (down 7.3% from 2Q 2023). Net loss: CN¥22.5m (down 118% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Duyuru • Jun 28
Shenzhen Gongjin Electronics Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 New Risk • Jun 17
New major risk - Revenue and earnings growth Earnings have declined by 14% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 14% per year over the past 5 years. Declared Dividend • May 30
Dividend of CN¥0.13 announced Shareholders will receive a dividend of CN¥0.13. Ex-date: 3rd June 2024 Payment date: 3rd June 2024 Dividend yield will be 1.8%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.2% per year over the past 9 years. However, payments have been volatile during that time. Duyuru • Apr 30
Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2024 Shenzhen Gongjin Electronics Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: 8F, Building 4, No. 2, Danzi North Road, Kengzi Subdistrict, Pingshan District, Shenzhen, Guangdong China Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: CN¥0.08 (vs CN¥0.29 in FY 2022) Full year 2023 results: EPS: CN¥0.08 (down from CN¥0.29 in FY 2022). Revenue: CN¥8.53b (down 22% from FY 2022). Net income: CN¥64.7m (down 72% from FY 2022). Profit margin: 0.8% (down from 2.1% in FY 2022). Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 32% 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
Shenzhen Gongjin Electronics Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥6.17, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Communications industry in China. Total loss to shareholders of 20% over the past three years. Duyuru • Dec 29
Shenzhen Gongjin Electronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Shenzhen Gongjin Electronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.028 loss per share (vs CN¥0.20 profit in 3Q 2022) Third quarter 2023 results: CN¥0.028 loss per share (down from CN¥0.20 profit in 3Q 2022). Revenue: CN¥2.31b (down 20% from 3Q 2022). Net loss: CN¥22.4m (down 114% from profit in 3Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 04
Second quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.20 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.20 in 2Q 2022). Revenue: CN¥2.23b (down 19% from 2Q 2022). Net income: CN¥125.6m (down 11% from 2Q 2022). Profit margin: 5.6% (up from 5.1% in 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥14.03, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 30x in the Communications industry in China. Total returns to shareholders of 14% over the past three years. New Risk • Jun 29
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 9.3% 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 Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥10.41, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 30x in the Communications industry in China. Total loss to shareholders of 9.6% over the past three years. Reported Earnings • Apr 22
Full year 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.51 in FY 2021) Full year 2022 results: EPS: CN¥0.29 (down from CN¥0.51 in FY 2021). Revenue: CN¥11.0b (up 1.5% from FY 2021). Net income: CN¥226.7m (down 43% from FY 2021). Profit margin: 2.1% (down from 3.7% in FY 2021). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Tao Ding was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.13 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.13 in 3Q 2021). Revenue: CN¥2.88b (up 3.8% from 3Q 2021). Net income: CN¥159.8m (up 67% from 3Q 2021). Profit margin: 5.6% (up from 3.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Communications industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥9.44, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 23x in the Communications industry in China. Total loss to shareholders of 17% over the past three years. Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.17 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.17 in 2Q 2021). Revenue: CN¥2.74b (up 10.0% from 2Q 2021). Net income: CN¥140.6m (up 4.2% from 2Q 2021). Profit margin: 5.1% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.08 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.06 (down from CN¥0.08 in 1Q 2021). Revenue: CN¥2.46b (down 3.3% from 1Q 2021). Net income: CN¥50.3m (down 17% from 1Q 2021). Profit margin: 2.0% (down from 2.4% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS: CN¥0.51 (vs CN¥0.45 in FY 2020) Full year 2021 results: EPS: CN¥0.51 (up from CN¥0.45 in FY 2020). Revenue: CN¥10.8b (up 22% from FY 2020). Net income: CN¥395.6m (up 14% from FY 2020). Profit margin: 3.7% (down from 3.9% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.15 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥2.77b (up 18% from 3Q 2020). Net income: CN¥95.7m (down 19% from 3Q 2020). Profit margin: 3.5% (down from 5.1% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 20% per year. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.15 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥2.49b (up 14% from 2Q 2020). Net income: CN¥135.0m (up 4.9% from 2Q 2020). Profit margin: 5.4% (down from 5.9% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% 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 • Jul 03
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥10.15, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 29x in the Communications industry in China. Total returns to shareholders of 106% over the past three years. Reported Earnings • Apr 26
Full year 2020 earnings released: EPS CN¥0.45 (vs CN¥0.40 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥8.84b (up 13% from FY 2019). Net income: CN¥346.7m (up 12% from FY 2019). Profit margin: 3.9% (down from 4.0% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥9.35 The company is down 23% from its price of CN¥12.20 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 7.0% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥10.73 The company is down 10.0% from its price of CN¥11.86 on 24 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 Communications industry, which is down 8.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥11.62 The company is down 13% from its price of CN¥13.38 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% 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¥343.6m, largely unchanged from the prior year. Total revenue was CN¥8.04b over the last 12 months, down 4.8% from the prior year.