Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥9.63, the stock trades at a trailing P/E ratio of 75.4x. Average trailing P/E is 53x in the Machinery industry in China. Total loss to shareholders of 35% over the past three years. New Risk • May 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 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. Declared Dividend • May 25
Dividend increased to CN¥0.035 Dividend of CN¥0.035 is 17% higher than last year. Ex-date: 28th May 2026 Payment date: 28th May 2026 Dividend yield will be 0.4%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 15% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.036 (vs CN¥0.042 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.036 (down from CN¥0.042 in 1Q 2025). Revenue: CN¥87.4m (down 9.7% from 1Q 2025). Net income: CN¥11.1m (down 14% from 1Q 2025). Profit margin: 13% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Apr 25
Chongqing Mas Sci.&Tech.Co.,Ltd., Annual General Meeting, May 18, 2026 Chongqing Mas Sci.&Tech.Co.,Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chongqing China Announcement • Mar 31
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Buy Or Sell Opportunity • Jan 09
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to CN¥14.29. The fair value is estimated to be CN¥11.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 73% in a year. Earnings are forecast to grow by 116% in the next year. Announcement • Dec 31
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.035 (vs CN¥0.047 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.035 (down from CN¥0.047 in 3Q 2024). Revenue: CN¥94.8m (down 21% from 3Q 2024). Net income: CN¥10.9m (down 23% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery 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 increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: CN¥0.052 (vs CN¥0.066 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.052 (down from CN¥0.066 in 2Q 2024). Revenue: CN¥125.8m (down 10.0% from 2Q 2024). Net income: CN¥15.8m (down 20% from 2Q 2024). Profit margin: 13% (down from 14% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 33% 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, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year. Board Change • Jul 08
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 Longhan Cao was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 02
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report First Half, 2025 Results on Aug 23, 2025 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report first half, 2025 results on Aug 23, 2025 Declared Dividend • May 16
Dividend increased to CN¥0.03 Dividend of CN¥0.03 is 30% higher than last year. Ex-date: 21st May 2025 Payment date: 21st May 2025 Dividend yield will be 0.2%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 16%. Cash payout ratio: 24%. Buy Or Sell Opportunity • Apr 30
Now 20% overvalued Over the last 90 days, the stock has fallen 5.6% to CN¥12.74. The fair value is estimated to be CN¥10.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 69% in 2 years. Earnings are forecast to grow by 98% in the next 2 years. Announcement • Apr 18
Chongqing Mas Sci.&Tech.Co.,Ltd. Proposes Final Cash Dividend for the Year 2024 Chongqing Mas Sci.&Tech.Co.,Ltd. announced on 17 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 0.30000000. Reported Earnings • Apr 17
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.18 (up from CN¥0.15 in FY 2023). Revenue: CN¥500.6m (up 16% from FY 2023). Net income: CN¥55.6m (up 25% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 25% 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, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year. Announcement • Apr 17
Chongqing Mas Sci.&Tech.Co.,Ltd., Annual General Meeting, May 08, 2025 Chongqing Mas Sci.&Tech.Co.,Ltd., Annual General Meeting, May 08, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chongqing China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥11.36, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 56% over the past three years. Announcement • Mar 31
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 New Risk • Mar 04
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 8.3% 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
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 17, 2025 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 17, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.047 (vs CN¥0.023 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.047 (up from CN¥0.023 in 3Q 2023). Revenue: CN¥119.6m (up 27% from 3Q 2023). Net income: CN¥14.1m (up 99% from 3Q 2023). Profit margin: 12% (up from 7.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% 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 increased by 20% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥11.91, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 16x in the Machinery industry in China. Total returns to shareholders of 74% over the past three years. Announcement • Sep 30
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥12.50, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 65% over the past three years. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: CN¥0.066 (vs CN¥0.064 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.066 (up from CN¥0.064 in 2Q 2023). Revenue: CN¥139.8m (up 17% from 2Q 2023). Net income: CN¥19.8m (up 3.1% from 2Q 2023). Profit margin: 14% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% 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 increased by 18% per year and the company’s share price has also increased by 18% per year. Announcement • Jun 29
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report First Half, 2024 Results on Aug 10, 2024 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report first half, 2024 results on Aug 10, 2024 Declared Dividend • May 27
Dividend of CN¥0.023 announced Shareholders will receive a dividend of CN¥0.023. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 0.2%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 14%. Cash payout ratio: 228%. Announcement • May 25
Chongqing Mas Sci.&Tech.Co.,Ltd. Implements Final Cash Dividend on A Shares for the Year 2023, Payable on 31 May 2024 Chongqing Mas Sci.&Tech.Co.,Ltd. announced 2023 final profit distribution plan to be implemented (A shares): cash dividend/10 shares (tax included) of CNY 0.23000000. Record date is 30 May 2024. Ex-date is 31 May 2024. Payment date is 31 May 2024. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥11.17, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 117% over the past three years. Announcement • Apr 27
Chongqing Mas Sci.&Tech.Co.,Ltd. Proposes Final Cash Dividend for the Year 2023 On April 25, 2024, Chongqing Mas Sci.&Tech.Co.,Ltd. proposed final cash dividend/10 shares (tax included) of CNY 0.23000000 for the year 2023. Announcement • Apr 26
Chongqing Mas Sci.&Tech.Co.,Ltd., Annual General Meeting, May 15, 2024 Chongqing Mas Sci.&Tech.Co.,Ltd., Annual General Meeting, May 15, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Chongqing China Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: CN¥0.041 (vs CN¥0.03 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.041 (up from CN¥0.03 in 1Q 2023). Revenue: CN¥92.5m (up 12% from 1Q 2023). Net income: CN¥12.4m (up 36% from 1Q 2023). Profit margin: 13% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 53% 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 18% per year whereas the company’s share price has increased by 19% per year. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥7.63, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 35% over the past three years. Announcement • Mar 30
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Announcement • Feb 21
Chongqing Mas Sci.&Tech.Co.,Ltd. (SZSE:300275) announces an Equity Buyback for CNY 50 million worth of its shares. Chongqing Mas Sci.&Tech.Co.,Ltd. (SZSE:300275) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 13.59 per share. The shares will be used for employee stock ownership plans or equity incentives or will be canceled. The funds for the repurchases are the company's own funds. The program will be valid for a period of 12 months. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥8.18, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 47% over the past three years. Announcement • Dec 29
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 25, 2024 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 25, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.023 (vs CN¥0.022 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.023 (up from CN¥0.022 in 3Q 2022). Revenue: CN¥94.0m (up 11% from 3Q 2022). Net income: CN¥7.08m (up 6.5% from 3Q 2022). Profit margin: 7.5% (down from 7.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Chongqing Mas Sci.&Tech.Co.,Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Chongqing Mas Sci.&Tech.Co.,Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.064 (vs CN¥0.034 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.064 (up from CN¥0.034 in 2Q 2022). Revenue: CN¥119.1m (up 63% from 2Q 2022). Net income: CN¥19.2m (up 90% from 2Q 2022). Profit margin: 16% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year. Announcement • Aug 01
Chongqing Mas Sci.&Tech.Co.,Ltd. Approves Election of Cheng Yuanwei as an Independent Director Chongqing Mas Sci.&Tech.Co.,Ltd. at its 2nd Extraordinary General Meeting of 2023 on 28 July 2023, approved Election of Cheng Yuanwei as an independent director. Announcement • Jun 08
Chongqing Mas Sci.&Tech.Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 13 June 2023 Chongqing Mas Sci.&Tech.Co.,Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 0.30000000 for the year 2022, payable on 13 June 2023. Record date is 12 June 2023. Ex-date is 13 June 2023. Reported Earnings • Apr 22
First quarter 2023 earnings released: EPS: CN¥0.049 (vs CN¥0.043 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.049 (up from CN¥0.043 in 1Q 2022). Revenue: CN¥82.6m (up 7.2% from 1Q 2022). Net income: CN¥9.13m (up 14% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥14.45, the stock trades at a trailing P/E ratio of 77.6x. Average trailing P/E is 34x in the Machinery industry in China. Total returns to shareholders of 16% over the past three years. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Anfu Yang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.035 (vs CN¥0.029 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.035 (up from CN¥0.029 in 3Q 2021). Revenue: CN¥84.8m (up 21% from 3Q 2021). Net income: CN¥6.65m (up 20% from 3Q 2021). Profit margin: 7.8% (down from 7.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.055 (vs CN¥0.045 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.055 (up from CN¥0.045 in 2Q 2021). Revenue: CN¥73.2m (up 23% from 2Q 2021). Net income: CN¥10.1m (up 22% from 2Q 2021). Profit margin: 14% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Aug 23
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. 6 non-independent directors. Independent Director Anfu Yang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 20
Chongqing Mas Sci.&Tech. Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 27 May 2022 Chongqing Mas Sci.&Tech. Co., Ltd. announced that 2021 final profit distribution plan to be implemented (A shares): Cash dividend of CNY 0.25000000 per 10 shares (tax included). The dividend will paid on 27 May 2022 with record date of 26 May 2022 and ex-date is 27 May 2022. Announcement • May 13
Chongqing Mas Sci.&Tech. Co., Ltd. Approves Cash Dividend for 2021 Chongqing Mas Sci.&Tech. Co., Ltd. at its Annual General Meeting of 2021 on 10 May 2022 approved Cash dividend of CNY 0.25000000 per 10 shares for 2021. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥12.45, the stock trades at a trailing P/E ratio of 73x. Average trailing P/E is 28x in the Machinery industry in China. Total returns to shareholders of 34% over the past three years. Announcement • Apr 22
Chongqing Mas Sci.&Tech. Co., Ltd. Proposes Cash Dividend for 2021 Chongqing Mas Sci.&Tech. Co., Ltd. announced on 20 April 2022 the profit distribution proposal for 2021 as follows: Cash dividend/10 shares (tax included): CNY 0.25000000. Reported Earnings • Apr 20
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: CN¥0.043 (up from CN¥0.031 in 1Q 2021). Revenue: CN¥77.1m (up 40% from 1Q 2021). Net income: CN¥8.03m (up 55% from 1Q 2021). Profit margin: 10% (up from 9.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 45%. Earnings per share (EPS) also surpassed analyst estimates. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Mar 29
High number of new directors Independent Director Anfu Yang was the last director to join the board, commencing their role in 2022. Announcement • Feb 22
Chongqing Mas Sci.&Tech. Co., Ltd. Announces Executive Changes Chongqing Mas Sci.&Tech. Co., Ltd. at its first Extraordinary General Meeting of 2022 held on February 18, 2022 approved the election of Yang Anfu, Deng Guoqing as independent directors and Luo Fanghong as supervisors. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.029 (vs CN¥0.033 in 3Q 2020) The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥69.9m (up 9.6% from 3Q 2020). Net income: CN¥5.53m (flat on 3Q 2020). Profit margin: 7.9% (down from 8.7% 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 79% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.045 (vs CN¥0.052 in 2Q 2020) The company reported a solid second quarter result with improved revenues, although earnings and profit margins were flat. Second quarter 2021 results: Revenue: CN¥59.5m (up 2.9% from 2Q 2020). Net income: CN¥8.30m (flat on 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Aug 18
Chongqing Mas Sci.&Tech. Co., Ltd. (SZSE:300275) made a proposal to acquire 10% stake in Huayang Communication Technology Co., Ltd. from Xuzhou China University of Mining and Technology Asset Management Co., Ltd. for CNY 16.4 million. Chongqing Mas Sci.&Tech. Co., Ltd. (SZSE:300275) made a proposal to acquire 10% stake in Huayang Communication Technology Co., Ltd. from Xuzhou China University of Mining and Technology Asset Management Co., Ltd. for CNY 16.4 million on August 5, 2021. As part of the transaction, 5.1 million shares of Huayang Communication was transferred. The transaction was approved by the Board of Directors of Chongqing Mas.
Chongqing Mas Sci.&Tech. Co., Ltd. (SZSE:300275) completed the acquisition of 10% stake in Huayang Communication Technology Co., Ltd. from Xuzhou China University of Mining and Technology Asset Management Co., Ltd. on August 16, 2021. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥10.83, the stock trades at a trailing P/E ratio of 64.8x. Average trailing P/E is 32x in the Machinery industry in China. Total returns to shareholders of 21% over the past three years. Reported Earnings • Apr 17
First quarter 2021 earnings released: EPS CN¥0.031 (vs CN¥0.029 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥55.0m (up 10% from 1Q 2020). Net income: CN¥5.17m (up 5.8% from 1Q 2020). Profit margin: 9.4% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Mar 09
Chongqing Mas Sci.&Tech. Co., Ltd. to Report Fiscal Year 2020 Results on Apr 17, 2021 Chongqing Mas Sci.&Tech. Co., Ltd. announced that they will report fiscal year 2020 results on Apr 17, 2021 Is New 90 Day High Low • Feb 01
New 90-day low: CN¥9.30 The company is down 26% from its price of CN¥12.54 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 29
New 90-day low: CN¥9.73 The company is down 14% from its price of CN¥11.30 on 30 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 Machinery industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day low: CN¥11.20 The company is down 26% from its price of CN¥15.15 on 09 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 4.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥11.71 The company is down 12% from its price of CN¥13.25 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 15% over the same period. Announcement • Aug 13
Chongqing Mas Sci.&Tech. Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Chongqing Mas Sci.&Tech. Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 