Announcement • May 14
Shenzhen Jdd Tech New Material Co., Ltd, Annual General Meeting, Jun 04, 2026 Shenzhen Jdd Tech New Material Co., Ltd, Annual General Meeting, Jun 04, 2026, at 14:30 China Standard Time. Location: 7F, Building 1, No. 4, Fuhua Road, Tantou Community, Songgang Subdistrict, Bao'an District, Shenzhen, Guangdong China New Risk • May 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 8.2% 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. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥87.77, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 51x in the Chemicals industry in China. Total returns to shareholders of 73% over the past year. Announcement • Mar 31
Shenzhen Jdd Tech New Material Co., Ltd to Report Q1, 2026 Results on Apr 24, 2026 Shenzhen Jdd Tech New Material Co., Ltd announced that they will report Q1, 2026 results on Apr 24, 2026 Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: CN¥2.49 (vs CN¥2.35 in FY 2024) Full year 2025 results: EPS: CN¥2.49 (up from CN¥2.35 in FY 2024). Revenue: CN¥1.03b (up 19% from FY 2024). Net income: CN¥195.1m (up 11% from FY 2024). Profit margin: 19% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • Dec 31
Shenzhen Jdd Tech New Material Co., Ltd to Report Fiscal Year 2025 Results on Mar 31, 2026 Shenzhen Jdd Tech New Material Co., Ltd announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.54 (vs CN¥0.45 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.54 (up from CN¥0.45 in 3Q 2024). Revenue: CN¥249.1m (up 10% from 3Q 2024). Net income: CN¥42.6m (up 21% from 3Q 2024). Profit margin: 17% (up from 16% in 3Q 2024). The increase in margin was driven by higher revenue. Announcement • Sep 30
Shenzhen Jdd Tech New Material Co., Ltd to Report Q3, 2025 Results on Oct 28, 2025 Shenzhen Jdd Tech New Material Co., Ltd announced that they will report Q3, 2025 results on Oct 28, 2025 Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to CN¥91.08, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 44x in the Chemicals industry in China. Total returns to shareholders of 94% over the past year. Reported Earnings • Aug 21
Second quarter 2025 earnings released: EPS: CN¥0.61 (vs CN¥0.41 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.61 (up from CN¥0.41 in 2Q 2024). Revenue: CN¥249.3m (up 26% from 2Q 2024). Net income: CN¥47.5m (up 37% from 2Q 2024). Profit margin: 19% (up from 18% in 2Q 2024). The increase in margin was driven by higher revenue. New Risk • Jul 25
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 6.8% 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 (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥64.62, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 39x in the Chemicals industry in China. Total returns to shareholders of 2.5% over the past year. Announcement • Jul 02
Shenzhen Jdd Tech New Material Co., Ltd to Report First Half, 2025 Results on Aug 19, 2025 Shenzhen Jdd Tech New Material Co., Ltd announced that they will report first half, 2025 results on Aug 19, 2025 Declared Dividend • May 23
Dividend of CN¥0.60 announced Shareholders will receive a dividend of CN¥0.60. Ex-date: 27th May 2025 Payment date: 27th May 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 23
Shenzhen Jdd Tech New Material Co., Ltd Proposes Final Cash Dividend for 2024 Shenzhen Jdd Tech New Material Co. Ltd. announced the profit distribution proposal for 2024. For the period, the company reported Cash dividend/10 shares (tax included): CNY 6.00000000. Announcement • Apr 22
Shenzhen Jdd Tech New Material Co., Ltd, Annual General Meeting, May 13, 2025 Shenzhen Jdd Tech New Material Co., Ltd, Annual General Meeting, May 13, 2025, at 15:00 China Standard Time. Location: 3F, Building 2, Block E, Minzhu West Industrial Park, Shajing Subdistrict, Bao'an District, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥57.86, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 37x in the Chemicals industry in China. Total returns to shareholders of 4.9% over the past year. Announcement • Mar 31
Shenzhen Jdd Tech New Material Co., Ltd to Report Q1, 2025 Results on Apr 22, 2025 Shenzhen Jdd Tech New Material Co., Ltd announced that they will report Q1, 2025 results on Apr 22, 2025 New Risk • Feb 08
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥69.80, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 35x in the Chemicals industry in China. Announcement • Dec 31
Shenzhen Jdd Tech New Material Co., Ltd to Report Fiscal Year 2024 Results on Apr 22, 2025 Shenzhen Jdd Tech New Material Co., Ltd announced that they will report fiscal year 2024 results on Apr 22, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.63 (vs CN¥1.06 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.63 (down from CN¥1.06 in 3Q 2023). Revenue: CN¥226.1m (up 20% from 3Q 2023). Net income: CN¥35.1m (down 21% from 3Q 2023). Profit margin: 16% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥75.41, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 31x in the Chemicals industry in China. Upcoming Dividend • Oct 03
Upcoming dividend of CN¥0.20 per share Eligible shareholders must have bought the stock before 10 October 2024. Payment date: 10 October 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Chinese dividend payers (2.2%). Lower than average of industry peers (1.8%). Announcement • Sep 30
Shenzhen Jdd Tech New Material Co., Ltd to Report Q3, 2024 Results on Oct 26, 2024 Shenzhen Jdd Tech New Material Co., Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥73.80, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 29x in the Chemicals industry in China. Announcement • Aug 23
Shenzhen Jdd Tech New Material Co., Ltd Proposes Interim Dividend for the First Half of 2024 Shenzhen Jdd Tech New Material Co. Ltd. proposed interim Cash dividend/10 shares (tax included) of CNY 2.00000000 for the first half of 2024. Reported Earnings • Aug 20
Second quarter 2024 earnings released Second quarter 2024 results: EPS: CN¥0.58. Net income: CN¥34.8m (up CN¥34.8m from 2Q 2023). Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥72.51, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 27x in the Chemicals industry in China. Buy Or Sell Opportunity • Jul 09
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 67% to CN¥95.05. The fair value is estimated to be CN¥76.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last year. Earnings per share has grown by 36%. Announcement • Jun 29
Shenzhen Jdd Tech New Material Co., Ltd to Report First Half, 2024 Results on Aug 20, 2024 Shenzhen Jdd Tech New Material Co., Ltd announced that they will report first half, 2024 results on Aug 20, 2024 Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥126, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 30x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥106, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 32x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥111, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 33x in the Chemicals industry in China. Buy Or Sell Opportunity • Apr 26
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at CN¥92.94. The fair value is estimated to be CN¥77.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 21%. Buy Or Sell Opportunity • Apr 24
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at CN¥94.00. The fair value is estimated to be CN¥77.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 21%. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥89.22, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 28x in the Chemicals industry in China. Announcement • Apr 22
Shenzhen Jdd Tech New Material Co., Ltd, Annual General Meeting, May 13, 2024 Shenzhen Jdd Tech New Material Co., Ltd, Annual General Meeting, May 13, 2024, at 15:00 China Standard Time. Reported Earnings • Apr 20
First quarter 2024 earnings released First quarter 2024 results: EPS: CN¥1.52. Net income: CN¥45.6m (up CN¥45.6m from 1Q 2023). Buy Or Sell Opportunity • Mar 20
Now 38% overvalued The stock has been flat over the last 90 days, currently trading at CN¥106. The fair value is estimated to be CN¥76.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 21%.