Announcement • 22h
Huafon Microfibre (Shanghai) Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Announcement • Jun 05
Huafon Microfibre (Shanghai) Co., Ltd. Announces Final Cash Dividend on A Shares for 2025, Payable on 09 June 2026 Huafon Microfibre (Shanghai) Co., Ltd. has announced the implementation of its final profit distribution plan for 2025, declaring a cash dividend of CNY 0.05000000 per 10 shares (tax included) on A shares. No bonus shares will be issued from profit or capital reserve. The record date is 08 June 2026, with the ex-date on 09 June 2026 and the payment date scheduled for 09 June 2026. New Risk • Apr 21
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 48% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.07% net profit margin). Reported Earnings • Apr 09
Full year 2025 earnings released: EPS: CN¥0.038 (vs CN¥0.04 in FY 2024) Full year 2025 results: EPS: CN¥0.038 (down from CN¥0.04 in FY 2024). Revenue: CN¥4.00b (down 13% from FY 2024). Net income: CN¥66.8m (down 6.0% from FY 2024). Profit margin: 1.7% (up from 1.5% in FY 2024). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Apr 09
Huafon Microfibre (Shanghai) Co., Ltd., Annual General Meeting, Apr 29, 2026 Huafon Microfibre (Shanghai) Co., Ltd., Annual General Meeting, Apr 29, 2026, at 14:45 China Standard Time. Location: Building 16, No. 2177, Shenkun Road, Minhang District, Shanghai China Announcement • Mar 31
Huafon Microfibre (Shanghai) Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026 Buy Or Sell Opportunity • Mar 05
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 4.2% to CN¥6.73. The fair value is estimated to be CN¥5.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Feb 03
Now 22% overvalued Over the last 90 days, the stock has fallen 9.7% to CN¥6.53. The fair value is estimated to be CN¥5.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Announcement • Dec 31
Huafon Microfibre (Shanghai) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Buy Or Sell Opportunity • Dec 25
Now 24% overvalued Over the last 90 days, the stock has fallen 9.4% to CN¥6.65. The fair value is estimated to be CN¥5.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Dec 08
Now 21% overvalued Over the last 90 days, the stock has fallen 17% to CN¥6.54. The fair value is estimated to be CN¥5.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. New Risk • Oct 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 27
Third quarter 2025 earnings released: EPS: CN¥0.011 (vs CN¥0.03 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.011 (down from CN¥0.03 in 3Q 2024). Revenue: CN¥1.01b (down 9.0% from 3Q 2024). Net income: CN¥19.6m (down 65% from 3Q 2024). Profit margin: 1.9% (down from 5.0% in 3Q 2024). The decrease in margin was driven by lower revenue. 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 24% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Huafon Microfibre (Shanghai) Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 Announcement • Jul 02
Huafon Microfibre (Shanghai) Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Board Change • Jul 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xiaofeng Dong was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 23
Huafon Microfibre (Shanghai) Co., Ltd., Annual General Meeting, Jun 13, 2025 Huafon Microfibre (Shanghai) Co., Ltd., Annual General Meeting, Jun 13, 2025, at 14:30 China Standard Time. Location: Building 16, No. 2177, Shenkun Road, Minhang District, Shanghai China Announcement • Apr 25
Huafon Microfibre (Shanghai) Co., Ltd. Proposes Final Cash Dividend for 2024 Huafon Microfibre (Shanghai) Co., Ltd. announced on 23 April 2025 the profit distribution proposal for 2024 as follows: Final cash dividend per 10 shares (tax included) of CNY 0.05000000. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.035 (vs CN¥0.013 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.035 (up from CN¥0.013 in 1Q 2024). Revenue: CN¥1.05b (down 12% from 1Q 2024). Net income: CN¥62.0m (up 169% from 1Q 2024). Profit margin: 5.9% (up from 1.9% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 31
Huafon Microfibre (Shanghai) Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 New Risk • Mar 27
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 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Announcement • Dec 31
Huafon Microfibre (Shanghai) Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.03 (vs CN¥0.004 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.03 (up from CN¥0.004 loss in 3Q 2023). Revenue: CN¥1.12b (down 8.3% from 3Q 2023). Net income: CN¥55.7m (up CN¥68.3m from 3Q 2023). Profit margin: 5.0% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Oct 16
Now 24% undervalued Over the last 90 days, the stock has risen 148% to CN¥8.91. The fair value is estimated to be CN¥11.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 2.6%. Announcement • Sep 30
Huafon Microfibre (Shanghai) Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Board Change • Sep 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xiangyu Chen 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. New Risk • Sep 25
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 9.9% 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 (9.9% average weekly change). Earnings have declined by 34% per year over the past 5 years. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.027 (vs CN¥0.018 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.027 (up from CN¥0.018 in 2Q 2023). Revenue: CN¥1.17b (up 5.5% from 2Q 2023). Net income: CN¥45.0m (up 229% from 2Q 2023). Profit margin: 3.8% (up from 1.2% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year. Announcement • Jun 29
Huafon Microfibre (Shanghai) Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Buy Or Sell Opportunity • May 31
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to CN¥4.09. The fair value is estimated to be CN¥3.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has declined by 3.5%. Buy Or Sell Opportunity • May 15
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to CN¥4.01. The fair value is estimated to be CN¥3.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has declined by 3.5%. Announcement • May 01
Huafon Microfibre (Shanghai) Co., Ltd., Annual General Meeting, May 20, 2024 Huafon Microfibre (Shanghai) Co., Ltd., Annual General Meeting, May 20, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shanghai China Buy Or Sell Opportunity • Apr 29
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to CN¥4.34. The fair value is estimated to be CN¥3.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 6.7%. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.013 (vs CN¥0.015 loss in 1Q 2023) First quarter 2024 results: EPS: CN¥0.013 (up from CN¥0.015 loss in 1Q 2023). Revenue: CN¥1.19b (up 21% from 1Q 2023). Net income: CN¥23.0m (up CN¥49.3m from 1Q 2023). Profit margin: 1.9% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Huafon Microfibre (Shanghai) Co., Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Announcement • Dec 30
Huafon Microfibre (Shanghai) Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Reported Earnings • Oct 24
Third quarter 2023 earnings released: CN¥0.004 loss per share (vs CN¥0.005 profit in 3Q 2022) Third quarter 2023 results: CN¥0.004 loss per share (down from CN¥0.005 profit in 3Q 2022). Revenue: CN¥1.22b (up 7.5% from 3Q 2022). Net loss: CN¥12.5m (down 246% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. New Risk • Oct 18
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 8.9% 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 Debt is not well covered by operating cash flow (1.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 56% per year over the past 5 years. New Risk • Oct 05
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 1.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.6% operating cash flow to total debt). Earnings have declined by 56% per year over the past 5 years. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: CN¥0.018 (vs CN¥0.001 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.018 (up from CN¥0.001 in 2Q 2022). Revenue: CN¥1.11b (up 8.5% from 2Q 2022). Net income: CN¥13.7m (up 350% from 2Q 2022). Profit margin: 1.2% (up from 0.3% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Jun 06
Huafon Microfibre (Shanghai) Co., Ltd., Annual General Meeting, Jun 27, 2023 Huafon Microfibre (Shanghai) Co., Ltd., Annual General Meeting, Jun 27, 2023, at 14:30 China Standard Time. Agenda: To consider the 2022 work report of the board of directors (including work report of independent directors); to consider the 2022 work report of the supervisory committee; to consider the 2022 financial report; to consider the Reappointment of audit firm; to consider the 2022 annual report and its summary; to consider the 2022 profit distribution plan; to consider the 2022 remuneration for directors, supervisors and senior management. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.004 (vs CN¥0.01 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.004 (down from CN¥0.01 in 1Q 2022). Revenue: CN¥987.4m (down 15% from 1Q 2022). Net income: CN¥7.45m (down 50% from 1Q 2022). Profit margin: 0.8% (down from 1.3% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Chen Xuetong was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.005 (vs CN¥0.024 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.005 (down from CN¥0.024 in 3Q 2021). Revenue: CN¥1.13b (flat on 3Q 2021). Net income: CN¥8.61m (down 80% from 3Q 2021). Profit margin: 0.8% (down from 3.7% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.019 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.001 (down from CN¥0.019 in 2Q 2021). Revenue: CN¥1.02b (up 2.9% from 2Q 2021). Net income: CN¥3.04m (down 90% from 2Q 2021). Profit margin: 0.3% (down from 3.1% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • May 07
Huafon Microfibre (Shanghai) Co., Ltd., Annual General Meeting, May 23, 2022 Huafon Microfibre (Shanghai) Co., Ltd., Annual General Meeting, May 23, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to 2021 work report of the supervisory committee; to 2021 financial report; to Reappointment of audit firm; to 2021 annual report and its summary; to 2021 profit distribution plan; to 2021 remuneration for directors, supervisors and senior management; and to consider other matter. Announcement • Apr 27
Huafon Microfibre (Shanghai) Co., Ltd. Announces Executive Appointments Huafon Microfibre (Shanghai) Co., Ltd. announced that at the Extraordinary General Meeting held on 22 April 2022, approved election of non-independent directors, cumulative voting system applicable: Chen Xuetong; Election of independent directors, cumulative voting system applicable: Hong Jianqiao, Zhu Qin, Chen Gui and Zhao Yubiao. 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. 9 experienced directors. 3 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Xuan Tian was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.002 (vs CN¥0.06 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.14b (up 14% from 3Q 2020). Net income: CN¥42.0m (down 62% from 3Q 2020). Profit margin: 3.7% (down from 11% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.019 (vs CN¥0.011 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥994.6m (up 58% from 2Q 2020). Net income: CN¥31.3m (up 66% from 2Q 2020). Profit margin: 3.1% (up from 3.0% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
Huafon Microfibre (Shanghai) Co., Ltd. Proposes to Omit the Payment of Dividend for the Year 2020 Huafon Microfibre (Shanghai) Co., Ltd. announced on 27 April 2021 the profit distribution proposal for 2020 as follows: Cash dividend/10 shares (tax included): CNY 0.00000000. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.05 (vs CN¥0.02 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥980.7m (up 114% from 1Q 2020). Net income: CN¥83.2m (up 195% from 1Q 2020). Profit margin: 8.5% (up from 6.2% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥6.24, the stock is trading at a trailing P/E ratio of 52.2x, up from the previous P/E ratio of 43.7x. This compares to an average P/E of 37x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 29%. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥5.13, the stock is trading at a trailing P/E ratio of 42.9x, down from the previous P/E ratio of 50.7x. This compares to an average P/E of 35x in the Chemicals industry in China. Total return to shareholders over the past three years is a loss of 39%. Is New 90 Day High Low • Jan 28
New 90-day low: CN¥5.73 The company is down 18% from its price of CN¥6.98 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥6.10 The company is down 24% from its price of CN¥8.07 on 23 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 Chemicals industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 02
New 90-day low: CN¥6.81 The company is down 10.0% from its price of CN¥7.59 on 03 September 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 4.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥6.98 The company is down 11% from its price of CN¥7.80 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 2.0% over the same period. Announcement • Oct 30
Huafon Microfibre (Shanghai) Co., Ltd. announced that it has received CNY 399.999998 million in funding from China Huarong Asset Management Co., Ltd., Investment Arm On October 28, 2020, Huafon Microfibre (Shanghai) Co., Ltd. (SZSE:300180) closed the transaction. The company issued 57,306,590 shares at a price of CNY 6.98 per share for gross proceeds of CNY 399,999,998.20. The transaction included participation from China Huarong Asset Management Co., Ltd., Investment Arm. The company paid issuance expenses of CNY 9,076,174.49 and received net proceeds of CNY 390,923,823.71 which includes CNY 57,306,590 as paid-in capital and CNY 333,617,233.71 as capital reserve. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥212.9m, up 74% from the prior year. Total revenue was CN¥3.04b over the last 12 months, down 1.6% from the prior year. Announcement • Aug 13
Huafon Microfibre (Shanghai) Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Huafon Microfibre (Shanghai) Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 