Buy Or Sell Opportunity • Jul 17
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to CN¥90.30. The fair value is estimated to be CN¥117, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 62% in 2 years. Earnings are forecast to grow by 54% in the next 2 years. Board Change • Jul 03
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 Xiao Jiang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jun 30
Shanghai BOCHU Electronic Technology Corporation Limited to Report First Half, 2026 Results on Aug 18, 2026 Shanghai BOCHU Electronic Technology Corporation Limited announced that they will report first half, 2026 results on Aug 18, 2026 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥143, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 45x in the Electronic industry in China. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥150 per share. Duyuru • May 18
Shanghai BOCHU Electronic Technology Corporation Limited, Annual General Meeting, Jun 05, 2026 Shanghai BOCHU Electronic Technology Corporation Limited, Annual General Meeting, Jun 05, 2026, at 13:15 China Standard Time. Location: The Company's Meeting Room, Shanghai China Duyuru • Mar 30
Shanghai BOCHU Electronic Technology Corporation Limited. to Report Q1, 2026 Results on Apr 30, 2026 Shanghai BOCHU Electronic Technology Corporation Limited. announced that they will report Q1, 2026 results on Apr 30, 2026 Duyuru • Dec 26
Shanghai BOCHU Electronic Technology Corporation Limited. to Report Fiscal Year 2025 Results on Apr 10, 2026 Shanghai BOCHU Electronic Technology Corporation Limited. announced that they will report fiscal year 2025 results on Apr 10, 2026 Duyuru • Sep 30
Shanghai BOCHU Electronic Technology Corporation Limited. to Report Q3, 2025 Results on Oct 28, 2025 Shanghai BOCHU Electronic Technology Corporation Limited. announced that they will report Q3, 2025 results on Oct 28, 2025 Duyuru • Jun 30
Shanghai BOCHU Electronic Technology Corporation Limited. to Report First Half, 2025 Results on Aug 22, 2025 Shanghai BOCHU Electronic Technology Corporation Limited. announced that they will report first half, 2025 results on Aug 22, 2025 Duyuru • Apr 29
Shanghai BOCHU Electronic Technology Corporation Limited., Annual General Meeting, May 19, 2025 Shanghai BOCHU Electronic Technology Corporation Limited., Annual General Meeting, May 19, 2025, at 13:30 China Standard Time. Duyuru • Mar 28
Shanghai BOCHU Electronic Technology Corporation Limited. to Report Q1, 2025 Results on Apr 22, 2025 Shanghai BOCHU Electronic Technology Corporation Limited. announced that they will report Q1, 2025 results on Apr 22, 2025 Duyuru • Dec 27
Shanghai BOCHU Electronic Technology Corporation Limited. to Report Fiscal Year 2024 Results on Apr 03, 2025 Shanghai BOCHU Electronic Technology Corporation Limited. announced that they will report fiscal year 2024 results on Apr 03, 2025 Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥1.14 (vs CN¥1.03 in 3Q 2023) Third quarter 2024 results: EPS: CN¥1.14 (up from CN¥1.03 in 3Q 2023). Revenue: CN¥417.2m (up 26% from 3Q 2023). Net income: CN¥234.6m (up 12% from 3Q 2023). Profit margin: 56% (down from 64% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% 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, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥200, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 4.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥213 per share. New Risk • Sep 30
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 7.1% 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: 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 (7.1% average weekly change). Duyuru • Sep 30
Shanghai BOCHU Electronic Technology Corporation Limited. to Report Q3, 2024 Results on Oct 26, 2024 Shanghai BOCHU Electronic Technology Corporation Limited. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥181, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥213 per share. Buy Or Sell Opportunity • Sep 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to CN¥154. The fair value is estimated to be CN¥200, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 77% in 2 years. Earnings are forecast to grow by 79% in the next 2 years. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥1.45 (vs CN¥1.13 in 2Q 2023) Second quarter 2024 results: EPS: CN¥1.45 (up from CN¥1.13 in 2Q 2023). Revenue: CN¥502.5m (up 29% from 2Q 2023). Net income: CN¥297.6m (up 29% from 2Q 2023). Profit margin: 59% (in line with 2Q 2023). Revenue is forecast to grow 28% 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, earnings per share has increased by 14% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to CN¥143. The fair value is estimated to be CN¥180, 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 12%. Revenue is forecast to grow by 81% in 2 years. Earnings are forecast to grow by 79% in the next 2 years. Duyuru • Jun 29
Shanghai BOCHU Electronic Technology Corporation Limited. to Report First Half, 2024 Results on Aug 31, 2024 Shanghai BOCHU Electronic Technology Corporation Limited. announced that they will report first half, 2024 results on Aug 31, 2024 Buy Or Sell Opportunity • Jun 17
Now 21% overvalued Over the last 90 days, the stock has fallen 2.4% to CN¥200. The fair value is estimated to be CN¥166, however this is not to be taken as a sell 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 12%. Revenue is forecast to grow by 82% in 2 years. Earnings are forecast to grow by 80% in the next 2 years. Buy Or Sell Opportunity • May 27
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at CN¥198. The fair value is estimated to be CN¥163, however this is not to be taken as a sell 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 12%. Revenue is forecast to grow by 82% in 2 years. Earnings are forecast to grow by 80% in the next 2 years. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥1.32 (vs CN¥0.90 in 1Q 2023) First quarter 2024 results: EPS: CN¥1.32 (up from CN¥0.90 in 1Q 2023). Revenue: CN¥381.1m (up 40% from 1Q 2023). Net income: CN¥193.6m (up 47% from 1Q 2023). Profit margin: 51% (up from 49% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • Apr 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Jian Zhong Jin was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Apr 09
Shanghai Friendess Electronic Technology Corporation Limited, Annual General Meeting, Apr 29, 2024 Shanghai Friendess Electronic Technology Corporation Limited, Annual General Meeting, Apr 29, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China Duyuru • Mar 29
Shanghai Friendess Electronic Technology Corporation Limited to Report Q1, 2024 Results on Apr 30, 2024 Shanghai Friendess Electronic Technology Corporation Limited announced that they will report Q1, 2024 results on Apr 30, 2024 Buy Or Sell Opportunity • Mar 26
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to CN¥283. The fair value is estimated to be CN¥230, however this is not to be taken as a sell 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 11%. For the next 3 years, revenue is forecast to grow by 28% per annum. Earnings are also forecast to grow by 27% per annum over the same time period. Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: CN¥4.95 (vs CN¥3.31 in FY 2022) Full year 2023 results: EPS: CN¥4.95 (up from CN¥3.31 in FY 2022). Revenue: CN¥1.41b (up 57% from FY 2022). Net income: CN¥723.8m (up 51% from FY 2022). Profit margin: 51% (down from 53% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥291, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 16x in the Electronic industry in China. Total returns to shareholders of 36% over the past three years. Reported Earnings • Oct 11
Third quarter 2023 earnings released: EPS: CN¥1.44 (vs CN¥0.96 in 3Q 2022) Third quarter 2023 results: EPS: CN¥1.44 (up from CN¥0.96 in 3Q 2022). Revenue: CN¥330.4m (up 36% from 3Q 2022). Net income: CN¥210.1m (up 51% from 3Q 2022). Profit margin: 64% (up from 57% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 32% 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 increased by 11% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: CN¥1.58 (vs CN¥1.01 in 2Q 2022) Second quarter 2023 results: EPS: CN¥1.58 (up from CN¥1.01 in 2Q 2022). Revenue: CN¥389.5m (up 79% from 2Q 2022). Net income: CN¥230.0m (up 59% from 2Q 2022). Profit margin: 59% (down from 67% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% 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 increased by 14% per year whereas the company’s share price has increased by 12% per year. Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: CN¥3.31 (vs CN¥3.92 in FY 2021) Full year 2022 results: EPS: CN¥3.31 (down from CN¥3.92 in FY 2021). Revenue: CN¥898.5m (down 1.6% from FY 2021). Net income: CN¥479.5m (down 13% from FY 2021). Profit margin: 53% (down from 60% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 25% 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, earnings per share has increased by 20% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥226, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 142% over the past three years. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.96 (vs CN¥1.17 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.96 (down from CN¥1.17 in 3Q 2021). Revenue: CN¥243.8m (up 1.7% from 3Q 2021). Net income: CN¥138.8m (down 15% from 3Q 2021). Profit margin: 57% (down from 68% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥229, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 27% over the past year. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥231, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 37% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥133 per share. Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: CN¥1.01 (vs CN¥1.28 in 2Q 2021) Second quarter 2022 results: EPS: CN¥1.01 (down from CN¥1.28 in 2Q 2021). Revenue: CN¥218.1m (down 22% from 2Q 2021). Net income: CN¥145.1m (down 19% from 2Q 2021). Profit margin: 67% (up from 64% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 72%, compared to a 26% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥237, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥203 per share. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥1.02 (vs CN¥1.18 in 1Q 2021) First quarter 2022 results: EPS: CN¥1.02 (down from CN¥1.18 in 1Q 2021). Revenue: CN¥190.7m (up 1.4% from 1Q 2021). Net income: CN¥102.8m (down 13% from 1Q 2021). Profit margin: 54% (down from 63% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 52%, compared to a 25% growth forecast for the industry in China. 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. 3 experienced directors. No highly experienced directors. 1 independent director (2 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¥5.49 (vs CN¥3.71 in FY 2020) Full year 2021 results: EPS: CN¥5.49 (up from CN¥3.71 in FY 2020). Revenue: CN¥913.4m (up 60% from FY 2020). Net income: CN¥550.2m (up 49% from FY 2020). Profit margin: 60% (down from 65% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 39%, compared to a 23% growth forecast for the industry in China. Reported Earnings • Feb 23
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥5.67 (up from CN¥3.71 in FY 2020). Revenue: CN¥913.4m (up 60% from FY 2020). Net income: CN¥568.2m (up 53% from FY 2020). Profit margin: 62% (down from 65% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 43%, compared to a 26% growth forecast for the industry in China. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥1.64 (vs CN¥1.36 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥239.7m (up 46% from 3Q 2020). Net income: CN¥163.9m (up 20% from 3Q 2020). Profit margin: 68% (down from 83% in 3Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS CN¥1.79 (vs CN¥0.88 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥278.4m (up 93% from 2Q 2020). Net income: CN¥179.4m (up 105% from 2Q 2020). Profit margin: 64% (up from 61% in 2Q 2020). The increase in margin was driven by higher revenue. 
