Announcement • Jun 30
Longkou Union Chemical Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 Longkou Union Chemical Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 Declared Dividend • Jun 04
Dividend of CN¥0.21 announced Shareholders will receive a dividend of CN¥0.21. Ex-date: 8th June 2026 Payment date: 8th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 18% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 36% to shift the payout ratio to a potentially unsustainable range, which is more than the 13% EPS decline seen over the last 5 years. Announcement • Apr 28
Longkou Union Chemical Co., Ltd., Annual General Meeting, May 18, 2026 Longkou Union Chemical Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Longkou, Shandong China Announcement • Mar 31
Longkou Union Chemical Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Longkou Union Chemical Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Longkou Union Chemical Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Longkou Union Chemical Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 26
Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥118.2m (down 12% from 3Q 2024). Net income: CN¥13.7m (down 16% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 70% per year, which means it is well ahead of earnings. Announcement • Sep 30
Longkou Union Chemical Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Longkou Union Chemical Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.12 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.15 (up from CN¥0.12 in 2Q 2024). Revenue: CN¥139.4m (up 7.8% from 2Q 2024). Net income: CN¥17.2m (up 25% from 2Q 2024). Profit margin: 12% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 62% per year, which means it is well ahead of earnings. Announcement • Jul 02
Longkou Union Chemical Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Longkou Union Chemical Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Declared Dividend • Jun 02
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 6th June 2025 Payment date: 6th June 2025 Dividend yield will be 0.2%, which is lower than the industry average of 2.6%. Payout Ratios Payout ratio: 38%. Cash payout ratio: 57%. Announcement • Apr 28
Longkou Union Chemical Co., Ltd., Annual General Meeting, May 19, 2025 Longkou Union Chemical Co., Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yantai, Shandong China New Risk • Apr 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 10.0% 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: Major Risk Earnings have declined by 6.4% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10.0% average weekly change). Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to CN¥48.29, the stock trades at a trailing P/E ratio of 71.8x. Average trailing P/E is 35x in the Chemicals industry in China. Total returns to shareholders of 179% over the past year. Announcement • Mar 31
Longkou Union Chemical Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Longkou Union Chemical Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥36.86, the stock trades at a trailing P/E ratio of 54.8x. Average trailing P/E is 37x in the Chemicals industry in China. Total returns to shareholders of 115% over the past year. Announcement • Dec 31
Longkou Union Chemical Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Longkou Union Chemical Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥33.89, the stock trades at a trailing P/E ratio of 50.4x. Average trailing P/E is 38x in the Chemicals industry in China. Total returns to shareholders of 31% over the past year. Announcement • Sep 30
Longkou Union Chemical Co., Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Longkou Union Chemical Co., Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to CN¥25.83, the stock trades at a trailing P/E ratio of 46.9x. Average trailing P/E is 30x in the Chemicals industry in China. Total returns to shareholders of 2.5% over the past year. New Risk • Sep 26
New minor risk - Dividend sustainability The company has a short dividend paying track record. Continuous dividend paying years: 1 Dividend yield: 0.7% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.6% per year over the past 5 years. Minor Risk Short dividend paying track record (1 year of continuous dividend payments). Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥22.57, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 27x in the Chemicals industry in China. Total loss to shareholders of 9.6% over the past year. Announcement • Jun 29
Longkou Union Chemical Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Longkou Union Chemical Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Declared Dividend • Jun 03
Dividend reduced to CN¥0.12 Dividend of CN¥0.12 is 33% lower than last year. Ex-date: 6th June 2024 Payment date: 6th June 2024 Dividend yield will be 0.5%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (27% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 72% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.3% EPS decline seen over the last 5 years. Announcement • Jun 03
Longkou Union Chemical Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 06 June 2024 Longkou Union Chemical Co., Ltd. announced final cash dividend (tax included) of CNY 1.20000000 per 10 shares on A shares for the year 2023. Record date is 05 June 2024. Ex-date is 06 June 2024. Payment date is 06 June 2024. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to CN¥29.20, the stock trades at a trailing P/E ratio of 61x. Average trailing P/E is 35x in the Chemicals industry in China. Total returns to shareholders of 31% over the past year. Announcement • Apr 29
Longkou Union Chemical Co., Ltd., Annual General Meeting, May 17, 2024 Longkou Union Chemical Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yantai, Shandong China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.12 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.12 in 1Q 2023). Revenue: CN¥129.4m (up 27% from 1Q 2023). Net income: CN¥14.0m (up 47% from 1Q 2023). Profit margin: 11% (up from 9.4% in 1Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥18.83, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 9.9% over the past year. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥22.06, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 30x in the Chemicals industry in China. Total loss to shareholders of 12% over the past year. Announcement • Mar 30
Longkou Union Chemical Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Longkou Union Chemical Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 New Risk • Feb 05
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 Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥18.19, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 27% over the past year. Announcement • Dec 30
Longkou Union Chemical Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Longkou Union Chemical Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Announcement • Nov 12
Longkou Union Chemical Co., Ltd. Approves Board Elections Longkou Union Chemical Co., Ltd. at its EGM held on November 9, 2023 approved election of Ma Chengzhi and Li Xitian as non-independent directors, Shen Yongjia and Jiang Xin as independent directors and Liu Desheng and Wang He as non-employee supervisors. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.082 (vs CN¥0.086 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.082 (down from CN¥0.086 in 3Q 2022). Revenue: CN¥112.2m (down 1.8% from 3Q 2022). Net income: CN¥6.61m (down 36% from 3Q 2022). Profit margin: 5.9% (down from 9.0% in 3Q 2022). Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.32 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.32 in 2Q 2022). Revenue: CN¥94.2m (down 39% from 2Q 2022). Net income: CN¥7.97m (down 59% from 2Q 2022). Profit margin: 8.5% (down from 13% in 2Q 2022). Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥27.13, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 29x in the Chemicals industry in China. Announcement • Jul 01
Longkou Union Chemical Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Longkou Union Chemical Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Announcement • May 19
Longkou Union Chemical Co., Ltd. Approves Cash Dividend Longkou Union Chemical Co., Ltd. held its Annual General Meeting of 2022 on 15 May 2023, during which it approved: Cash dividend/10 shares (tax included): CNY 1.80000000. Reported Earnings • Apr 24
First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.34 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.34 in 1Q 2022). Revenue: CN¥102.0m (down 37% from 1Q 2022). Net income: CN¥9.54m (down 54% from 1Q 2022). Profit margin: 9.4% (down from 13% in 1Q 2022). The decrease in margin was driven by lower revenue. Buying Opportunity • Mar 23
Now 21% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be CN¥33.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Buying Opportunity • Mar 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 3.8%. The fair value is estimated to be CN¥32.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Buying Opportunity • Feb 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.6%. The fair value is estimated to be CN¥32.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥24.47, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 26x in the Chemicals industry in China. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.086 (vs CN¥0.28 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.086 (down from CN¥0.28 in 3Q 2021). Revenue: CN¥114.3m (down 21% from 3Q 2021). Net income: CN¥10.3m (down 37% from 3Q 2021). Profit margin: 9.0% (down from 11% in 3Q 2021). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥27.00, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 25x in the Chemicals industry in China.