Declared Dividend • Jul 06
Dividend increased to CN¥0.15 Dividend of CN¥0.15 is 25% higher than last year. Ex-date: 9th July 2026 Payment date: 9th July 2026 Dividend yield will be 1.0%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 30
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.23 (vs CN¥0.14 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.23 (up from CN¥0.14 in 1Q 2025). Revenue: CN¥252.8m (up 11% from 1Q 2025). Net income: CN¥119.2m (up 60% from 1Q 2025). Profit margin: 47% (up from 33% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Apr 24
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd., Annual General Meeting, May 22, 2026 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: 6F, Building 40, No. 333, Qinjiang Road, Xuhui District, Shanghai China Announcement • Mar 31
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Declared Dividend • Jan 19
Dividend of CN¥0.10 announced Shareholders will receive a dividend of CN¥0.10. Ex-date: 20th January 2026 Payment date: 20th January 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 9.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jan 14
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Announces Profit Distribution Plan to Be Implemented on A Shares for the Third Quarter of 2025, Payable on January 20, 2026 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced profit distribution plan to be implemented on A Shares of CNY 1.00000000 per 10 shares for the third quarter of 2025. Record date: 19 January 2026. Ex-date: 20 January 2026. Payment date: 20 January 2026. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Deputy GM & Non-Independent Director Ziqiang Bi 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: Insufficient board refreshment. Announcement • Dec 31
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: CN¥0.32 (vs CN¥0.23 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.32 (up from CN¥0.23 in 3Q 2024). Revenue: CN¥369.1m (up 23% from 3Q 2024). Net income: CN¥167.9m (up 36% from 3Q 2024). Profit margin: 46% (up from 41% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report Q3, 2025 Results on Oct 24, 2025 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report Q3, 2025 results on Oct 24, 2025 Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥33.93, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 23x in the Pharmaceuticals industry in China. Total loss to shareholders of 24% over the past three years. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.14 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.20 (up from CN¥0.14 in 2Q 2024). Revenue: CN¥255.8m (up 20% from 2Q 2024). Net income: CN¥102.7m (up 43% from 2Q 2024). Profit margin: 40% (up from 34% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥25.00, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 23x in the Pharmaceuticals industry in China. Total loss to shareholders of 52% over the past three years. Declared Dividend • Jul 07
Dividend of CN¥0.12 announced Shareholders will receive a dividend of CN¥0.12. Ex-date: 8th July 2025 Payment date: 8th July 2025 Dividend yield will be 1.0%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 10.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 02
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report First Half, 2025 Results on Aug 22, 2025 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Announcement • May 27
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Approves Cash Dividend for the Year 2024 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. at its AGM held on May 23, 2025 approved cash dividend of CNY 1.20 per 10 shares (tax included) for 2024. Price Target Changed • May 16
Price target decreased by 11% to CN¥26.29 Down from CN¥29.46, the current price target is an average from 2 analysts. New target price is 33% above last closing price of CN¥19.84. Stock is down 20% over the past year. The company is forecast to post earnings per share of CN¥0.68 for next year compared to CN¥0.61 last year. Major Estimate Revision • May 09
Consensus revenue estimates fall by 13% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥1.20b to CN¥1.05b. EPS estimate fell from CN¥0.83 to CN¥0.69 per share. Net income forecast to grow 21% next year vs 25% growth forecast for Pharmaceuticals industry in China. Consensus price target of CN¥29.00 unchanged from last update. Share price was steady at CN¥19.78 over the past week. Announcement • Apr 22
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Proposes Final Cash Dividend for 2024 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced on 21 April 2025 the profit distribution proposal for 2024 as follows: Final cash dividend per 10 shares (tax included) of CNY 1.20000000. Announcement • Apr 20
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd., Annual General Meeting, May 23, 2025 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Location: 6F, Building 40, No. 333, Qinjiang Road, Xuhui District, Shanghai China Reported Earnings • Apr 19
First quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.15 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.15 in 1Q 2024). Revenue: CN¥228.5m (up 5.7% from 1Q 2024). Net income: CN¥74.3m (down 3.7% from 1Q 2024). Profit margin: 33% (down from 36% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Announcement • Mar 31
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report Q1, 2025 Results on Apr 19, 2025 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report Q1, 2025 results on Apr 19, 2025 Announcement • Dec 31
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Buy Or Sell Opportunity • Nov 15
Now 21% undervalued Over the last 90 days, the stock has risen 21% to CN¥23.45. The fair value is estimated to be CN¥29.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has declined by 5.2%. Revenue is forecast to grow by 54% in 2 years. Earnings are forecast to grow by 67% in the next 2 years. Announcement • Oct 25
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Announces the Profit Distribution Proposal for the Third Quarter of 2024 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced on 24 October 2024 the profit distribution proposal for the third quarter of 2024 as follows: Cash dividend per 10 shares (tax included) of CNY 1.00000000. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.23 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.23 (up from CN¥0.23 in 3Q 2023). Revenue: CN¥301.0m (up 4.7% from 3Q 2023). Net income: CN¥123.0m (up 1.2% from 3Q 2023). Profit margin: 41% (down from 42% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥22.52, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 19x in the Pharmaceuticals industry in China. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥35.84 per share. Buy Or Sell Opportunity • Oct 09
Now 31% undervalued Over the last 90 days, the stock has risen 28% to CN¥24.71. The fair value is estimated to be CN¥35.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has declined by 3.8%. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 69% in the next 2 years. New Risk • Sep 30
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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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 (8.0% average weekly change). Announcement • Sep 30
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥20.53, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Pharmaceuticals industry in China. Total loss to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥35.84 per share. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.14 (down from CN¥0.15 in 2Q 2023). Revenue: CN¥213.0m (up 4.8% from 2Q 2023). Net income: CN¥72.0m (down 7.8% from 2Q 2023). Profit margin: 34% (down from 39% 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 12% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Declared Dividend • Jun 29
Dividend reduced to CN¥0.18 Dividend of CN¥0.18 is 7.5% lower than last year. Ex-date: 4th July 2024 Payment date: 4th July 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 85% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 29
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • Jun 28
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Announces Final Cash Dividend (Tax Included) on (A Shares) for 2023, Payable on 04 July 2024 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced final cash dividend (tax included) on (A shares) for 2023 of CNY 1.85000000 per 10 shares. The dividend will be payable on 04 July 2024 with record date of 03 July 2024 and Ex-date of 04 July 2024. Buy Or Sell Opportunity • Jun 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to CN¥23.23. The fair value is estimated to be CN¥29.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 55% in 2 years. Earnings are forecast to grow by 63% in the next 2 years. Announcement • Apr 20
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd., Annual General Meeting, May 17, 2024 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: 6F, Building 40, No. 333, Qinjiang Road, Xuhui District, Shanghai China Reported Earnings • Apr 19
First quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.14 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.14 in 1Q 2023). Revenue: CN¥216.2m (up 18% from 1Q 2023). Net income: CN¥77.2m (up 9.5% from 1Q 2023). Profit margin: 36% (down from 39% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Announcement • Mar 30
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report Q1, 2024 Results on Apr 19, 2024 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report Q1, 2024 results on Apr 19, 2024 New Risk • Feb 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% 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 (7.6% average weekly change). Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥25.73, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 16x in the Pharmaceuticals industry in China. Total loss to shareholders of 72% over the past three years. Announcement • Dec 29
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.28 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.23 (down from CN¥0.28 in 3Q 2022). Revenue: CN¥287.5m (down 7.6% from 3Q 2022). Net income: CN¥121.5m (down 17% from 3Q 2022). Profit margin: 42% (down from 47% in 3Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.17 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.17 in 2Q 2022). Revenue: CN¥203.2m (up 6.2% from 2Q 2022). Net income: CN¥78.1m (down 13% from 2Q 2022). Profit margin: 39% (down from 47% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥39.70, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 20x in the Pharmaceuticals industry in China. Total loss to shareholders of 38% over the past three years. Announcement • Jun 30
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on July 6, 2023 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.00000000 on A shares for the year 2022. Record date is July 5, 2023. Ex-date is July 6, 2023. Payment date is July 6, 2023. Announcement • May 20
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Approves the Cash Dividend for the Year 2022 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. approved the cash dividend of CNY 2.000 (tax included) per 10 shares for the year 2022, at the AGM held on May 18, 2023. Reported Earnings • Apr 21
First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.17 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.14 (down from CN¥0.17 in 1Q 2022). Revenue: CN¥183.1m (down 7.3% from 1Q 2022). Net income: CN¥70.5m (down 23% from 1Q 2022). Profit margin: 39% (down from 46% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Dec 30
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Approves Executive Appointments Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. approved Election of Hu Gengxi; YANNI CHEN; Zhang Lu and Bi Ziqiang as non-independent directors and Xu Guoliang and Zhang Feida as independent directors. Price Target Changed • Nov 16
Price target decreased to CN¥50.12 Down from CN¥78.06, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CN¥51.50. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.79 for next year compared to CN¥0.65 last year. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.24 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.24 in 3Q 2021). Revenue: CN¥311.3m (up 14% from 3Q 2021). Net income: CN¥146.1m (up 15% from 3Q 2021). Profit margin: 47% (in line with 3Q 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Pharmaceuticals 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 only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥48.86, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 18x in the Pharmaceuticals industry in China. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥46.12 per share. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.15 in 2Q 2021). Revenue: CN¥191.3m (up 4.6% from 2Q 2021). Net income: CN¥89.3m (up 16% from 2Q 2021). Profit margin: 47% (up from 42% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 35%, compared to a 23% growth forecast for the Pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.15 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.17 (up from CN¥0.15 in 2Q 2021). Revenue: CN¥191.3m (up 4.6% from 2Q 2021). Net income: CN¥89.4m (up 16% from 2Q 2021). Profit margin: 47% (up from 42% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the next year, revenue is forecast to grow 35%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 14% per year. Announcement • Jun 11
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Implements Final Profit Distribution Plan A shares for 2021, Payable on June 16, 2022 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included) CNY 2.01000000. Record date is 15 June 2022, Ex-date is 16 June 2022, Payment date is 16 June 2022. Announcement • Jun 04
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Approves Cash Dividend for the Year 2021 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that at its Annual General Meeting held on 31 May 2022, approved cash dividend/10 shares (tax included) of CNY 2.01000000 for the year 2021. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improved over the past week After last week's 28% share price gain to CN¥40.94, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 20x in the Pharmaceuticals industry in China. Total returns to shareholders of 51% over the past three years. Announcement • Apr 28
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Proposes Final Cash Dividend for 2021 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 2.01000000 for 2021. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. Supervisor Hui Feng Yang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 13
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.65 (up from CN¥0.53 in FY 2020). Revenue: CN¥807.7m (up 27% from FY 2020). Net income: CN¥338.2m (up 22% from FY 2020). Profit margin: 42% (down from 44% in FY 2020). 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 3.1%. Over the next year, revenue is forecast to grow 33%, compared to a 23% growth forecast for the pharmaceuticals industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.23 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥272.1m (up 18% from 3Q 2020). Net income: CN¥127.3m (up 4.3% from 3Q 2020). Profit margin: 47% (down from 53% 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 10% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.13 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥183.0m (up 23% from 2Q 2020). Net income: CN¥76.9m (up 17% from 2Q 2020). Profit margin: 42% (down from 44% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 16
Second quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.13 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥183.0m (up 23% from 2Q 2020). Net income: CN¥76.9m (up 17% from 2Q 2020). Profit margin: 42% (down from 44% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 27
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Announces Final Cash Dividend for 2020, Payable on 01 June 2021 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced final tax included cash dividend of CNY 1.60 per 10 A shares for 2020. Record date is 31 May 2021, ex-date is 01 June 2021, and the payment date is 01 June 2021. Announcement • May 21
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Approves Final Cash Dividend for 2020 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. at its AGM held on May 19, 2021 approved final cash dividend of CNY 1.60000000 per 10 shares (tax included) for the year 2020. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.079 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥164.7m (up 49% from 1Q 2020). Net income: CN¥70.5m (up 70% from 1Q 2020). Profit margin: 43% (up from 38% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 29
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. Proposes Final Cash Dividend for the Year 2020 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. proposed final cash dividend of CNY 1.60000000 per 10 shares (tax included) for the year 2020. Is New 90 Day High Low • Mar 08
New 90-day low: CN¥60.37 The company is down 9.0% from its price of CN¥66.06 on 08 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Pharmaceuticals industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥64.16 per share. Reported Earnings • Mar 07
Full year 2020 earnings released: EPS CN¥0.53 (vs CN¥0.57 in FY 2019) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: CN¥636.2m (flat on FY 2019). Net income: CN¥278.4m (down 6.7% from FY 2019). Profit margin: 44% (down from 47% in FY 2019). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Mar 07
Revenue and earnings miss expectations Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 49%, compared to a 603% growth forecast for the Pharmaceuticals industry in China. Announcement • Feb 24
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report Fiscal Year 2020 Results on Apr 01, 2021 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report fiscal year 2020 results on Apr 01, 2021 Is New 90 Day High Low • Jan 25
New 90-day high: CN¥89.40 The company is up 49% from its price of CN¥59.91 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Pharmaceuticals industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.79 per share. Is New 90 Day High Low • Dec 21
New 90-day high: CN¥70.51 The company is up 28% from its price of CN¥54.92 on 22 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Pharmaceuticals industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥16.42 per share. Is New 90 Day High Low • Dec 04
New 90-day high: CN¥63.10 The company is up 3.0% from its price of CN¥61.18 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Pharmaceuticals industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥13.85 per share. Announcement • Nov 19
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that it expects to receive CNY 725 million in funding Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. (SZSE:300357) announced a private placement of A shares for gross proceeds of CNY 725 million on November 18, 2020. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥280.8m, down 3.2% from the prior year. Total revenue was CN¥630.4m over the last 12 months, up 2.5% from the prior year. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥54.70 The company is down 12% from its price of CN¥62.25 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 Pharmaceuticals industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥13.85 per share. Announcement • Jul 24
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020