Announcement • Jun 30
Ningbo Tuopu Group Co.,Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Ningbo Tuopu Group Co.,Ltd. announced that they will report first half, 2026 results on Aug 28, 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¥52.75, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Auto Components industry in China. Total loss to shareholders of 2.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥22.59 per share. Reported Earnings • Apr 30
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: CN¥0.32 (down from CN¥0.33 in 1Q 2025). Revenue: CN¥6.63b (up 15% from 1Q 2025). Net income: CN¥551.8m (down 2.4% from 1Q 2025). Profit margin: 8.3% (down from 9.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 6.2%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 09
Ningbo Tuopu Group Co.,Ltd., Annual General Meeting, Apr 29, 2026 Ningbo Tuopu Group Co.,Ltd., Annual General Meeting, Apr 29, 2026, at 15:00 China Standard Time. Location: Room C-105, No. 268, Yuwangshan Road, Beilun District, Ningbo, Zhejiang China Price Target Changed • Apr 07
Price target decreased by 9.0% to CN¥69.73 Down from CN¥76.63, the current price target is an average from 17 analysts. New target price is 24% above last closing price of CN¥56.27. Stock is up 23% over the past year. The company is forecast to post earnings per share of CN¥1.90 for next year compared to CN¥1.61 last year. Announcement • Mar 30
Ningbo Tuopu Group Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Ningbo Tuopu Group Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Major Estimate Revision • Mar 30
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥36.9b to CN¥34.2b. EPS estimate also fell from CN¥2.18 per share to CN¥1.91 per share. Net income forecast to grow 18% next year vs 36% growth forecast for Auto Components industry in China. Consensus price target down from CN¥76.45 to CN¥71.30. Share price was steady at CN¥57.79 over the past week. Reported Earnings • Mar 24
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: CN¥1.61 (down from CN¥1.79 in FY 2024). Revenue: CN¥29.6b (up 11% from FY 2024). Net income: CN¥2.78b (down 7.4% from FY 2024). Profit margin: 9.4% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.4%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components 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 10% per year. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥83.42, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 24x in the Auto Components industry in China. Total returns to shareholders of 92% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥47.72 per share. Announcement • Dec 26
Ningbo Tuopu Group Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 24, 2026 Ningbo Tuopu Group Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 24, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.39 (down from CN¥0.45 in 3Q 2024). Revenue: CN¥7.99b (up 12% from 3Q 2024). Net income: CN¥671.6m (down 14% from 3Q 2024). Profit margin: 8.4% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 29
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 60% to CN¥73.76. The fair value is estimated to be CN¥61.00, however this is not to be taken as a sell 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 52% in 2 years. Earnings are forecast to grow by 58% in the next 2 years. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥64.94, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥61.96 per share. Announcement • Sep 30
Ningbo Tuopu Group Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Ningbo Tuopu Group Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥81.55, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥61.64 per share. Buy Or Sell Opportunity • Sep 16
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 67% to CN¥77.18. The fair value is estimated to be CN¥61.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 58% in the next 2 years. New Risk • Sep 11
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 6.9% 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 (6.9% average weekly change). Reported Earnings • Aug 31
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: CN¥0.42 (down from CN¥0.50 in 2Q 2024). Revenue: CN¥7.17b (up 9.7% from 2Q 2024). Net income: CN¥729.5m (down 10.0% from 2Q 2024). Profit margin: 10% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Aug 29
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥32.5b to CN¥29.9b. EPS estimate also fell from CN¥2.04 per share to CN¥1.81 per share. Net income forecast to grow 16% next year vs 39% growth forecast for Auto Components industry in China. Consensus price target broadly unchanged at CN¥65.44. Share price rose 6.5% to CN¥62.61 over the past week. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥54.79, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 23x in the Auto Components industry in China. Total loss to shareholders of 5.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.40 per share. Announcement • Jun 30
Ningbo Tuopu Group Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Ningbo Tuopu Group Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Jun 24
Ningbo Tuopu Group Co.,Ltd.(SHSE:601689) dropped from Shanghai Stock Exchange 180 Value Index Ningbo Tuopu Group Co., Ltd. has been removed from Shanghai Stock Exchange 180 Value Index . Announcement • May 13
Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) completed the acquisition of Wuhu Changpeng Auto Parts Co., Ltd. from Wuhu Chery Technology Co. Ltd., Anhui Yuesu Automotive Industrial Co.,Ltd and Anhui Yuanxiang Investment Management Partnership (Limited Partnership). Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) agreed to acquire Wuhu Changpeng Auto Parts Co., Ltd. from Wuhu Chery Technology Co. Ltd., Anhui Yuesu Automotive Industrial Co.,Ltd and Anhui Yuanxiang Investment Management Partnership (Limited Partnership) for CNY 330 million on January 3, 2025. A cash consideration of CNY 330 million will be paid by Ningbo Tuopu Group Co.,Ltd. As part of consideration, CNY 330 million is paid towards common equity of Wuhu Changpeng Auto Parts Co., Ltd.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.
Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) completed the acquisition of Wuhu Changpeng Auto Parts Co., Ltd. from Wuhu Chery Technology Co. Ltd., Anhui Yuesu Automotive Industrial Co.,Ltd and Anhui Yuanxiang Investment Management Partnership (Limited Partnership) on May 12, 2025. Announcement • Apr 24
Ningbo Tuopu Group Co.,Ltd., Annual General Meeting, May 14, 2025 Ningbo Tuopu Group Co.,Ltd., Annual General Meeting, May 14, 2025, at 08:01 China Standard Time. Location: The Company Headquarters' Meeting Room, Ningbo, Zhejiang China Reported Earnings • Apr 24
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥1.79 (up from CN¥1.35 in FY 2023). Revenue: CN¥26.6b (up 35% from FY 2023). Net income: CN¥3.00b (up 40% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 1.0%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥45.86, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.75 per share. Announcement • Mar 28
Ningbo Tuopu Group Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Ningbo Tuopu Group Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Price Target Changed • Mar 22
Price target increased by 7.1% to CN¥70.07 Up from CN¥65.44, the current price target is an average from 14 analysts. New target price is 20% above last closing price of CN¥58.50. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥1.79 for next year compared to CN¥1.34 last year. New Risk • Mar 14
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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Price Target Changed • Feb 07
Price target increased by 8.5% to CN¥63.65 Up from CN¥58.69, the current price target is an average from 14 analysts. New target price is 13% below last closing price of CN¥73.21. Stock is up 103% over the past year. The company is forecast to post earnings per share of CN¥1.79 for next year compared to CN¥1.34 last year. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥58.00, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.80 per share. Announcement • Dec 27
Ningbo Tuopu Group Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2025 Ningbo Tuopu Group Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2025 Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥52.68, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Auto Components industry in China. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.11 per share. New Risk • Oct 29
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Reported Earnings • Oct 29
Third quarter 2024 earnings: EPS exceeds analyst expectations Third quarter 2024 results: EPS: CN¥0.45 (up from CN¥0.32 in 3Q 2023). Revenue: CN¥7.13b (up 43% from 3Q 2023). Net income: CN¥777.8m (up 55% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.8%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥42.06, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Auto Components industry in China. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥22.12 per share. Price Target Changed • Oct 09
Price target increased by 8.2% to CN¥54.58 Up from CN¥50.42, the current price target is an average from 13 analysts. New target price is 14% above last closing price of CN¥47.96. Stock is down 4.1% over the past year. The company is forecast to post earnings per share of CN¥1.76 for next year compared to CN¥1.34 last year. Announcement • Sep 30
Ningbo Tuopu Group Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Ningbo Tuopu Group Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥42.05, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Auto Components industry in China. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.81 per share. Reported Earnings • Aug 29
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2024 results: EPS: CN¥0.49 (up from CN¥0.40 in 2Q 2023). Revenue: CN¥6.53b (up 39% from 2Q 2023). Net income: CN¥810.8m (up 26% from 2Q 2023). Profit margin: 12% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.2%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 33% 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 • Jul 23
Second quarter 2024 earnings released: EPS: CN¥0.48 (vs CN¥0.40 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.48 (up from CN¥0.40 in 2Q 2023). Revenue: CN¥6.54b (up 39% from 2Q 2023). Net income: CN¥806.2m (up 25% from 2Q 2023). Profit margin: 12% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to CN¥39.79, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥23.98 per share. Announcement • Jun 28
Ningbo Tuopu Group Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Ningbo Tuopu Group Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Jun 06
Ningbo Tuopu Group Co.,Ltd., Annual General Meeting, Jun 24, 2024 Ningbo Tuopu Group Co.,Ltd., Annual General Meeting, Jun 24, 2024, at 08:01 China Standard Time. Location: No. 268, Yuwangshan Road, Beilun District, Ningbo, Zhejiang China Reported Earnings • Apr 24
Full year 2023 earnings: EPS in line with expectations, revenues disappoint Full year 2023 results: EPS: CN¥1.95 (up from CN¥1.54 in FY 2022). Revenue: CN¥19.7b (up 23% from FY 2022). Net income: CN¥2.15b (up 27% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. New Risk • Apr 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Announcement • Mar 29
Ningbo Tuopu Group Co.,Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Ningbo Tuopu Group Co.,Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Mar 16
Full year 2023 earnings: EPS in line with expectations, revenues disappoint Full year 2023 results: EPS: CN¥1.95 (up from CN¥1.54 in FY 2022). Revenue: CN¥19.7b (up 23% from FY 2022). Net income: CN¥2.15b (up 27% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥60.04, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥40.34 per share. Buy Or Sell Opportunity • Feb 21
Now 29% overvalued Over the last 90 days, the stock has fallen 31% to CN¥51.36. The fair value is estimated to be CN¥39.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 80% in 2 years. Earnings are forecast to grow by 80% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥52.31, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Auto Components industry in China. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥39.91 per share. Announcement • Dec 29
Ningbo Tuopu Group Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Ningbo Tuopu Group Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Buying Opportunity • Dec 14
Now 20% undervalued Over the last 90 days, the stock is up 4.8%. The fair value is estimated to be CN¥94.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 81% in 2 years. Earnings is forecast to grow by 86% in the next 2 years. Buying Opportunity • Nov 21
Now 22% undervalued Over the last 90 days, the stock is up 7.4%. The fair value is estimated to be CN¥92.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 81% in 2 years. Earnings is forecast to grow by 86% in the next 2 years. Reported Earnings • Nov 01
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: CN¥0.46. Revenue: CN¥4.99b (up 16% from 3Q 2022). Net income: CN¥503.0m (flat on 3Q 2022). Profit margin: 10% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Auto Components industry in China. Announcement • Sep 30
Ningbo Tuopu Group Co.,Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Ningbo Tuopu Group Co.,Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings: EPS exceeds analyst expectations Second quarter 2023 results: EPS: CN¥0.58 (up from CN¥0.29 in 2Q 2022). Revenue: CN¥4.69b (up 54% from 2Q 2022). Net income: CN¥643.8m (up 100% from 2Q 2022). Profit margin: 14% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Ningbo Tuopu Group Co.,Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Ningbo Tuopu Group Co.,Ltd. announced that they will report first half, 2023 results on Aug 29, 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¥72.77, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 22x in the Auto Components industry in China. Total returns to shareholders of 201% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥58.29 per share. Price Target Changed • Apr 14
Price target decreased by 7.6% to CN¥81.19 Down from CN¥87.86, the current price target is an average from 9 analysts. New target price is 38% above last closing price of CN¥58.82. Stock is up 17% over the past year. The company is forecast to post earnings per share of CN¥2.17 for next year compared to CN¥1.54 last year. Reported Earnings • Apr 11
Full year 2022 earnings released: EPS: CN¥1.54 (vs CN¥0.93 in FY 2021) Full year 2022 results: EPS: CN¥1.54 (up from CN¥0.93 in FY 2021). Revenue: CN¥16.0b (up 40% from FY 2021). Net income: CN¥1.70b (up 67% from FY 2021). Profit margin: 11% (up from 8.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥66.82, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 24x in the Auto Components industry in China. Total returns to shareholders of 216% over the past three years. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Employee Representative Supervisor Wei Guo Li was the last 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. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥78.00, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 25x in the Auto Components industry in China. Total returns to shareholders of 476% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥33.01 per share. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.27 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.46 (up from CN¥0.27 in 3Q 2021). Revenue: CN¥4.31b (up 48% from 3Q 2021). Net income: CN¥500.9m (up 71% from 3Q 2021). Profit margin: 12% (up from 10% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥73.82, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 548% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥53.05 per share. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.20 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.29 (up from CN¥0.20 in 2Q 2021). Revenue: CN¥3.05b (up 22% from 2Q 2021). Net income: CN¥321.9m (up 51% from 2Q 2021). Profit margin: 11% (up from 8.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 50%, compared to a 36% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥83.16, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 741% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥79.65 per share. Price Target Changed • Jul 13
Price target increased to CN¥74.60 Up from CN¥63.85, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥73.40. Stock is up 124% over the past year. The company is forecast to post earnings per share of CN¥1.43 for next year compared to CN¥0.93 last year. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥65.86, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 27x in the Auto Components industry in China. Total returns to shareholders of 563% over the past three years. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.35 (up from CN¥0.22 in 1Q 2021). Revenue: CN¥3.75b (up 54% from 1Q 2021). Net income: CN¥385.9m (up 57% from 1Q 2021). Profit margin: 10% (in line with 1Q 2021). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 38%, compared to a 32% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. 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. 12 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥47.79, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 22x in the Auto Components industry in China. Total returns to shareholders of 252% over the past three years. Reported Earnings • Mar 15
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.95 (up from CN¥0.60 in FY 2020). Revenue: CN¥11.4b (up 76% from FY 2020). Net income: CN¥1.05b (up 66% from FY 2020). Profit margin: 9.1% (in line with FY 2020). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 31%, compared to a 33% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥50.85, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 23x in the Auto Components industry in China. Total returns to shareholders of 254% over the past three years. Price Target Changed • Jan 13
Price target increased to CN¥58.39 Up from CN¥54.03, the current price target is an average from 10 analysts. New target price is 14% above last closing price of CN¥51.27. Stock is up 19% over the past year. The company is forecast to post earnings per share of CN¥1.05 for next year compared to CN¥0.60 last year. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥56.54, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 29x in the Auto Components industry in China. Total returns to shareholders of 478% over the past three years. 
