Announcement • Jun 30
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 Announcement • May 30
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2025, Payable on 04 June 2026 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced final cash dividend of CNY 0.66 per 10 shares (tax included) on A shares for the year 2025. Record date: 03 June 2026, Ex-date: 04 June 2026 and Payment date: 04 June 2026. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.05 (vs CN¥0.04 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.05 (up from CN¥0.04 in 1Q 2025). Revenue: CN¥212.0m (down 2.8% from 1Q 2025). Net income: CN¥15.1m (up 17% from 1Q 2025). Profit margin: 7.1% (up from 6.0% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Announcement • Apr 24
Guangzhou Goaland Energy Conservation Tech. Co., Ltd., Annual General Meeting, May 15, 2026 Guangzhou Goaland Energy Conservation Tech. Co., Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Buy Or Sell Opportunity • Apr 20
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 52% to CN¥44.97. The fair value is estimated to be CN¥36.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 39% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Apr 18
New major risk - Revenue and earnings growth Earnings have declined by 26% 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 26% per year over the past 5 years. Announcement • Mar 31
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 New Risk • Feb 26
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 9.1% 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. This is currently the only risk that has been identified for the company. Announcement • Dec 31
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.031 (vs CN¥0.03 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.031 (up from CN¥0.03 loss in 3Q 2024). Revenue: CN¥170.0m (up 115% from 3Q 2024). Net income: CN¥11.3m (up CN¥27.2m from 3Q 2024). Profit margin: 6.6% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 141 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 New Risk • Sep 19
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 9.0% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 25
Second quarter 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.12 loss in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.04 (up from CN¥0.12 loss in 2Q 2024). Revenue: CN¥199.7m (up 92% from 2Q 2024). Net income: CN¥9.94m (up CN¥17.3m from 2Q 2024). Profit margin: 5.0% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. New Risk • Aug 18
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 7.7% 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. This is currently the only risk that has been identified for the company. Announcement • Jul 02
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Reported Earnings • Apr 25
First quarter 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.02 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.04 (up from CN¥0.02 in 1Q 2024). Revenue: CN¥218.0m (up 22% from 1Q 2024). Net income: CN¥13.0m (up 131% from 1Q 2024). Profit margin: 6.0% (up from 3.1% in 1Q 2024). Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Announcement • Apr 25
Guangzhou Goaland Energy Conservation Tech. Co., Ltd., Annual General Meeting, May 15, 2025 Guangzhou Goaland Energy Conservation Tech. Co., Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Announcement • Mar 31
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (14% average weekly change). Announcement • Dec 31
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.009 loss in 3Q 2023) Third quarter 2024 results: CN¥0.03 loss per share (further deteriorated from CN¥0.009 loss in 3Q 2023). Revenue: CN¥79.0m (down 45% from 3Q 2023). Net loss: CN¥15.9m (loss widened 485% from 3Q 2023). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 23
Second quarter 2024 earnings released: CN¥0.12 loss per share (vs CN¥0.022 profit in 2Q 2023) Second quarter 2024 results: CN¥0.12 loss per share (down from CN¥0.022 profit in 2Q 2023). Revenue: CN¥104.0m (down 5.0% from 2Q 2023). Net loss: CN¥7.34m (down 307% from profit in 2Q 2023). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery 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. New Risk • Aug 19
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 7.0% 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. This is currently the only risk that has been identified for the company. Announcement • Jun 29
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • Apr 28
Guangzhou Goaland Energy Conservation Tech. Co., Ltd., Annual General Meeting, May 16, 2024 Guangzhou Goaland Energy Conservation Tech. Co., Ltd., Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Guangzhou, Guangdong China Agenda: To consider and approve the 2023 business report; to consider and approve the audit committee report; to consider and approve the private placement of shares; to consider and approve the business report and financial statements; to consider and approve the appropriation of profit and loss; to consider and approve the reappointment of audit firm; to consider and approve the profit distribution plan; and to consider and approve any other matters. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.02 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.02 loss in 1Q 2023). Revenue: CN¥178.6m (up 19% from 1Q 2023). Net income: CN¥5.62m (up CN¥11.4m from 1Q 2023). Profit margin: 3.1% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 50% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year and the company’s share price has also increased by 11% per year. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥9.60, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 9.7% over the past three years. Announcement • Mar 30
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to CN¥14.09, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.05, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Machinery industry in China. Total returns to shareholders of 13% over the past three years. 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¥9.51, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 7.2% over the past three years. Announcement • Dec 29
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Nov 07
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 8.3% 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 Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. High level of non-cash earnings (25% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Oct 26
Third quarter 2023 earnings released: CN¥0.009 loss per share (vs CN¥0.001 loss in 3Q 2022) Third quarter 2023 results: CN¥0.009 loss per share (further deteriorated from CN¥0.001 loss in 3Q 2022). Revenue: CN¥143.3m (down 75% from 3Q 2022). Net loss: CN¥2.72m (loss widened CN¥2.41m from 3Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥16.80, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 43% over the past three years. Board Change • Oct 05
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xiaoning Song was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥12.49, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 19% over the past three years. Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.023 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.022 (up from CN¥0.023 loss in 2Q 2022). Revenue: CN¥109.5m (down 74% from 2Q 2022). Net income: CN¥3.55m (up CN¥10.1m from 2Q 2022). Profit margin: 3.2% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥15.09, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 31% over the past three years. Announcement • Jun 29
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on July 4, 2023 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced final cash dividend of CNY 1.20 per 10 shares on A shares for the year 2022. Record date is July 3, 2023, Ex-Date is July 4, 2023 and Payment Date is July 4, 2023. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥21.68, the stock trades at a forward P/E ratio of 59x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 69% over the past three years. 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 Xiaoning Song was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥18.73, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • May 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥19.00, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 35x in the Machinery industry in China. Total returns to shareholders of 86% over the past three years. Reported Earnings • Apr 26
First quarter 2023 earnings released: CN¥0.02 loss per share (vs CN¥0.03 profit in 1Q 2022) First quarter 2023 results: CN¥0.02 loss per share (down from CN¥0.03 profit in 1Q 2022). Revenue: CN¥150.7m (down 64% from 1Q 2022). Net loss: CN¥5.78m (down 170% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Jan 12
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that it expects to receive CNY 399.999996 million in funding from Hainan Mulan Investment Co., Ltd. Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced a private placement of 48,899,755 A shares at an issue price of CNY 8.18 per share for gross proceeds of not more than CNY 400,000,000 on January 10, 2023. The transaction will include participation from Hainan Mulan Investment Co., Ltd. The shares subscribed shall not be transferred within 18 months from the date of completion of the issuance. The transaction has been approved at the twenty-fourth meeting of the fourth board of directors of the company. The transaction is still subjected to approval by the company's shareholders, Shenzhen Stock Exchange and China Securities Regulatory Commission. Reported Earnings • Oct 27
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CN¥574.9m (up 36% from 3Q 2021). Net loss: CN¥310.0k (down 102% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥10.32, the stock trades at a trailing P/E ratio of 63.6x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 22% over the past three years. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.081 loss per share (vs CN¥0.037 profit in 2Q 2021) Second quarter 2022 results: CN¥0.081 loss per share (down from CN¥0.037 profit in 2Q 2021). Revenue: CN¥424.1m (up 21% from 2Q 2021). Net loss: CN¥6.51m (down 153% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥14.03, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 107% over the past three years. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥12.68, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 80% over the past three years. Announcement • Apr 24
Guangzhou Goaland Energy Conservation Tech. Co., Ltd., Annual General Meeting, May 12, 2022 Guangzhou Goaland Energy Conservation Tech. Co., Ltd., Annual General Meeting, May 12, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 annual report and its summary; to consider 2021 profit distribution plan; to consider 2022 provision of estimated guarantee for subsidiaries' application for bank credit; to consider shareholder return plan for the next three years from 2022 to 2024; to consider amendments to the Company's articles of association; and to consider other matters. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥12.67, the stock trades at a trailing P/E ratio of 48.8x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 80% over the past three years. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥13.84, the stock trades at a trailing P/E ratio of 53.3x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 106% over the past three years. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.072 (vs CN¥0.06 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¥423.5m (up 35% from 3Q 2020). Net income: CN¥18.9m (up 14% from 3Q 2020). Profit margin: 4.5% (down from 5.3% 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 12% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥16.44, the stock trades at a trailing P/E ratio of 64.3x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 189% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 23% share price decline to CN¥11.50, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 98% over the past three years. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥11.74, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 110% over the past three years. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥13.01, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 35x in the Machinery industry in China. Total returns to shareholders of 120% over the past three years. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS CN¥0.037 (vs CN¥0.15 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥351.8m (up 19% from 2Q 2020). Net income: CN¥12.2m (down 51% from 2Q 2020). Profit margin: 3.5% (down from 8.3% 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 14% 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 • Jul 30
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥11.19, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 32x in the Machinery industry in China. Total returns to shareholders of 93% over the past three years. Reported Earnings • Apr 26
First quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.007 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥287.3m (up 38% from 1Q 2020). Net income: CN¥4.60m (up 83% from 1Q 2020). Profit margin: 1.6% (up from 1.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.19 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥1.23b (up 50% from FY 2019). Net income: CN¥81.0m (up 51% from FY 2019). Profit margin: 6.6% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Feb 27
Guangzhou Goaland Energy Conservation Tech. Co., Ltd Announces Executive Appointments Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced election of Li Qi and Fang Shuiping as non-independent directors and Xie Shisong and Lu Rui as independent directors. Announcement • Feb 24
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021 Is New 90 Day High Low • Feb 05
New 90-day low: CN¥8.56 The company is down 30% from its price of CN¥12.27 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥8.82, the stock is trading at a trailing P/E ratio of 39.6x, down from the previous P/E ratio of 46.5x. This compares to an average P/E of 34x in the Machinery industry in China. Total returns to shareholders over the past three years are 6.5%. Is New 90 Day High Low • Jan 08
New 90-day low: CN¥9.75 The company is down 8.0% from its price of CN¥10.55 on 09 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: CN¥10.16 The company is down 12% from its price of CN¥11.60 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 2.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥61.8m, up 6.5% from the prior year. Total revenue was CN¥1.07b over the last 12 months, up 32% from the prior year. Valuation Update With 7 Day Price Move • Oct 14
Market bids up stock over the past week After last week's 18% share price gain to CN¥12.01, the stock is trading at a trailing P/E ratio of 59x, up from the previous P/E ratio of 50.2x. This compares to an average P/E of 44x in the Machinery industry in China. Total returns to shareholders over the past three years are 7.3%. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥10.60 The company is down 15% from its price of CN¥12.43 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period. Announcement • Aug 11
Guangzhou Goaland Energy Conservation Tech. Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Guangzhou Goaland Energy Conservation Tech. Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020