Declared Dividend • 8h
Dividend increased to CN¥0.095 Dividend of CN¥0.095 is 90% higher than last year. Ex-date: 12th June 2026 Payment date: 12th June 2026 Dividend yield will be 1.7%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 22
Dalian Huarui Heavy Industry Group Co., LTD., Annual General Meeting, May 18, 2026 Dalian Huarui Heavy Industry Group Co., LTD., Annual General Meeting, May 18, 2026, at 16:00 China Standard Time. Location: The Company's Meeting Room, Dalian, Liaoning China Reported Earnings • Apr 17
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: CN¥0.30 (up from CN¥0.26 in FY 2024). Revenue: CN¥15.5b (up 8.7% from FY 2024). Net income: CN¥583.1m (up 17% from FY 2024). Profit margin: 3.8% (up from 3.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery 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 10% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Dalian Huarui Heavy Industry Group Co., LTD. to Report Q1, 2026 Results on Apr 22, 2026 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report Q1, 2026 results on Apr 22, 2026 Reported Earnings • Mar 05
Full year 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.26 in FY 2024) Full year 2025 results: EPS: CN¥0.31 (up from CN¥0.26 in FY 2024). Revenue: CN¥15.5b (up 8.5% from FY 2024). Net income: CN¥588.3m (up 18% from FY 2024). Profit margin: 3.8% (up from 3.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery 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 7% per year, which means it is significantly lagging earnings growth. Announcement • Dec 31
Dalian Huarui Heavy Industry Group Co., LTD. to Report Fiscal Year 2025 Results on Apr 17, 2026 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report fiscal year 2025 results on Apr 17, 2026 Reported Earnings • Oct 22
Third quarter 2025 earnings released: EPS: CN¥0.093 (vs CN¥0.063 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.093 (up from CN¥0.063 in 3Q 2024). Revenue: CN¥3.53b (up 12% from 3Q 2024). Net income: CN¥177.6m (up 47% from 3Q 2024). Profit margin: 5.0% (up from 3.8% in 3Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Dalian Huarui Heavy Industry Group Co., LTD. to Report Q3, 2025 Results on Oct 22, 2025 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report Q3, 2025 results on Oct 22, 2025 Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.069 (vs CN¥0.069 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.069 (in line with 2Q 2024). Revenue: CN¥3.95b (up 3.3% from 2Q 2024). Net income: CN¥132.7m (flat on 2Q 2024). Profit margin: 3.4% (in line with 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Dalian Huarui Heavy Industry Group Co., LTD. to Report First Half, 2025 Results on Aug 26, 2025 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • Jun 04
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 10.0% 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 Risk Share price has been highly volatile over the past 3 months (10.0% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. Declared Dividend • Jun 02
Dividend of CN¥0.05 announced Shareholders will receive a dividend of CN¥0.05. Ex-date: 6th June 2025 Payment date: 6th June 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 18
Dalian Huarui Heavy Industry Group Co., LTD. Proposes Final Cash Dividend for the Year 2024 Dalian Huarui Heavy Industry Group Co., LTD. announced on 17 April 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 0.50000000. Reported Earnings • Apr 17
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: CN¥0.26 (up from CN¥0.19 in FY 2023). Revenue: CN¥14.3b (up 19% from FY 2023). Net income: CN¥497.9m (up 37% from FY 2023). Profit margin: 3.5% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.0%. Earnings per share (EPS) also surpassed analyst estimates by 8.0%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Apr 17
Dalian Huarui Heavy Industry Group Co., LTD., Annual General Meeting, May 20, 2025 Dalian Huarui Heavy Industry Group Co., LTD., Annual General Meeting, May 20, 2025, at 16:00 China Standard Time. Location: The Company's Meeting Room, Dalian, Liaoning China Announcement • Mar 31
Dalian Huarui Heavy Industry Group Co., LTD. to Report Q1, 2025 Results on Apr 23, 2025 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report Q1, 2025 results on Apr 23, 2025 New Risk • Mar 28
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 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥6.36, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Machinery industry in China. Total returns to shareholders of 65% over the past three years. Reported Earnings • Mar 03
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: CN¥0.26 (up from CN¥0.19 in FY 2023). Revenue: CN¥14.3b (up 19% from FY 2023). Net income: CN¥501.1m (up 38% from FY 2023). Profit margin: 3.5% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.0%. Earnings per share (EPS) also surpassed analyst estimates by 9.0%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Dec 31
Dalian Huarui Heavy Industry Group Co., LTD. to Report Fiscal Year 2024 Results on Apr 17, 2025 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report fiscal year 2024 results on Apr 17, 2025 Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: CN¥0.063 (vs CN¥0.048 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.063 (up from CN¥0.048 in 3Q 2023). Revenue: CN¥3.15b (up 5.0% from 3Q 2023). Net income: CN¥120.9m (up 31% from 3Q 2023). Profit margin: 3.8% (up from 3.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Dalian Huarui Heavy Industry Group Co., LTD. to Report Q3, 2024 Results on Oct 23, 2024 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report Q3, 2024 results on Oct 23, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥4.80, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 29x in the Machinery industry in China. Total returns to shareholders of 22% over the past three years. Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: CN¥0.069 (vs CN¥0.056 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.069 (up from CN¥0.056 in 2Q 2023). Revenue: CN¥3.82b (up 6.2% from 2Q 2023). Net income: CN¥131.5m (up 21% from 2Q 2023). Profit margin: 3.4% (up from 3.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Dalian Huarui Heavy Industry Group Co., LTD. to Report First Half, 2024 Results on Aug 21, 2024 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report first half, 2024 results on Aug 21, 2024 Announcement • Jun 01
Dalian Huarui Heavy Industry Group Co., LTD. Implements Final Cash Dividend of A Shares for 2023, Payable on 7 June 2024 Dalian Huarui Heavy Industry Group Co., LTD. implemented final cash dividend of A shares of CNY 0.35000000 per 10 shares (tax included) for 2023. Record date: 6 June 2024. Ex-date: 7 June 2024. Payment date: 7 June 2024. Reported Earnings • Apr 20
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.19 (up from CN¥0.15 in FY 2022). Revenue: CN¥12.0b (up 16% from FY 2022). Net income: CN¥363.1m (up 26% from FY 2022). Profit margin: 3.0% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) also missed analyst estimates by 1.1%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Apr 20
Dalian Huarui Heavy Industry Group Co., LTD., Annual General Meeting, May 21, 2024 Dalian Huarui Heavy Industry Group Co., LTD., Annual General Meeting, May 21, 2024, at 16:00 China Standard Time. Location: The Company's Meeting Room, Dalian, Liaoning China Announcement • Mar 30
Dalian Huarui Heavy Industry Group Co., LTD. to Report Q1, 2024 Results on Apr 24, 2024 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report Q1, 2024 results on Apr 24, 2024 Reported Earnings • Feb 29
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.18 (up from CN¥0.15 in FY 2022). Revenue: CN¥12.0b (up 16% from FY 2022). Net income: CN¥357.9m (up 24% from FY 2022). Profit margin: 3.0% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥3.43, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Machinery industry in China. Total returns to shareholders of 1.7% over the past three years. Announcement • Dec 30
Dalian Huarui Heavy Industry Group Co., LTD. to Report Fiscal Year 2023 Results on Apr 19, 2024 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report fiscal year 2023 results on Apr 19, 2024 New Risk • Oct 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% 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 (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.056 (vs CN¥0.049 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.056 (up from CN¥0.049 in 2Q 2022). Revenue: CN¥3.59b (up 30% from 2Q 2022). Net income: CN¥108.8m (up 15% from 2Q 2022). Profit margin: 3.0% (down from 3.4% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Jul 01
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 2 experienced directors. 1 highly experienced director. Supervisor Lin Wang is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • May 20
Dalian Huarui Heavy Industry Group Co., LTD., Annual General Meeting, Jun 16, 2023 Dalian Huarui Heavy Industry Group Co., LTD., Annual General Meeting, Jun 16, 2023, at 15:30 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual report and its summary; to consider 2022 profit distribution plan; to consider Election of non-independent directors, cumulative voting system applicable; to consider Election of independent directors, cumulative voting system applicable; to consider Election of non-employee supervisors, cumulative voting system applicable; and to discuss other matters. Reported Earnings • Apr 22
Full year 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.06 in FY 2021) Full year 2022 results: EPS: CN¥0.15 (up from CN¥0.06 in FY 2021). Revenue: CN¥10.4b (up 14% from FY 2021). Net income: CN¥288.2m (up 150% from FY 2021). Profit margin: 2.8% (up from 1.3% in FY 2021). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 27
Full year 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.06 in FY 2021) Full year 2022 results: EPS: CN¥0.15 (up from CN¥0.06 in FY 2021). Revenue: CN¥10.4b (up 14% from FY 2021). Net income: CN¥286.5m (up 148% from FY 2021). Profit margin: 2.8% (up from 1.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.036 (vs CN¥0.018 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.036 (up from CN¥0.018 in 3Q 2021). Revenue: CN¥2.54b (up 19% from 3Q 2021). Net income: CN¥70.5m (up 108% from 3Q 2021). Profit margin: 2.8% (up from 1.6% in 3Q 2021). The increase in margin was driven by higher revenue. 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 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.049 (vs CN¥0.015 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.049 (up from CN¥0.015 in 2Q 2021). Revenue: CN¥2.76b (up 14% from 2Q 2021). Net income: CN¥94.7m (up 226% from 2Q 2021). Profit margin: 3.4% (up from 1.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 24% per year. Buying Opportunity • Jul 25
Now 22% undervalued Over the last 90 days, the stock is up 189%. The fair value is estimated to be CN¥11.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years, while earnings per share has been flat. Announcement • Jul 13
Dalian Huarui Heavy Industry Group Co., Ltd. Announces Final Cash Dividend on A Shares for 2021, Payable on 19 July 2022 Dalian Huarui Heavy Industry Group Co., LTD. announced final cash dividend of CNY 0.30000000 per 10 shares on A shares for 2021. Record date: 18 July 2022, Ex-date: 19 July 2022 and Payment date: 19 July 2022. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improved over the past week After last week's 33% share price gain to CN¥5.82, the stock trades at a trailing P/E ratio of 71.2x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥4.66, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 31% over the past three years. Announcement • May 24
Dalian Huarui Heavy Industry Group Co., Ltd. Announces Dividend for 2021 Dalian Huarui Heavy Industry Group Co., LTD. announced dividend for 2021 of CNY 0.300000. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.06 (vs CN¥0.025 in FY 2020) Full year 2021 results: EPS: CN¥0.06 (up from CN¥0.025 in FY 2020). Revenue: CN¥9.11b (up 12% from FY 2020). Net income: CN¥115.4m (up 140% from FY 2020). Profit margin: 1.3% (up from 0.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Apr 24
Dalian Huarui Heavy Industry Group Co., LTD., Annual General Meeting, May 20, 2022 Dalian Huarui Heavy Industry Group Co., LTD., Annual General Meeting, May 20, 2022, at 15:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report and its summary; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider the reappointment of 2022 audit firm; and to consider an amendments to the Company's articles of association, rules of procedure governing shareholders' general meetings and rules of procedure governing the board meetings. Announcement • Apr 23
Dalian Huarui Heavy Industry Group Co., Ltd. Proposes Final Dividend for the Year 2021 Dalian Huarui Heavy Industry Group Co., LTD. proposed final cash dividend of CNY 0.30000000 per 10 shares (tax included) for the year 2021. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.06 (up from CN¥0.031 in FY 2020). Revenue: CN¥9.10b (up 12% from FY 2020). Net income: CN¥115.2m (up 94% from FY 2020). Profit margin: 1.3% (up from 0.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.018 (vs CN¥0.013 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.14b (up 4.2% from 3Q 2020). Net income: CN¥33.9m (up 37% from 3Q 2020). Profit margin: 1.6% (up from 1.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.015 (vs CN¥0.004 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.42b (up 18% from 2Q 2020). Net income: CN¥29.1m (up 276% from 2Q 2020). Profit margin: 1.2% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • May 22
Dalian Huarui Heavy Industry Group Co., LTD. Approves Cash Dividend for 2020 Dalian Huarui Heavy Industry Group Co., LTD. approved cash dividend of CNY 0.35000000 per 10 shares (tax included) for 2020, at its AGM held on 20 May 2021. Announcement • Apr 27
Dalian Huarui Heavy Industry Group Co., Ltd. Announces Final Dividend Profit Distribution Proposal for 2020 Dalian Huarui Heavy Industry Group Co., LTD. announced Final Dividend profit distribution proposal for 2020 as follows: Cash dividend/10 shares (tax included): CNY 0.35000000. Reported Earnings • Apr 26
Full year 2020 earnings released: EPS CN¥0.031 (vs CN¥0.03 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥8.16b (up 13% from FY 2019). Net income: CN¥59.3m (up 20% from FY 2019). Profit margin: 0.7% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Mar 12
Chaoyang Shengqi Power Equipment Co., Ltd. signed a contract to acquire 32.5% stake in Dalian Guotong Electric Co., Ltd. from Dalian Huarui Heavy Industry Group Co., LTD. (SZSE:002204) for CNY 4.9 million. Chaoyang Shengqi Power Equipment Co., Ltd. signed a contract to acquire 32.5% stake in Dalian Guotong Electric Co., Ltd. from Dalian Huarui Heavy Industry Group Co., LTD. (SZSE:002204) for CNY 4.9 million on March 9, 2021. As of the disclosure date of this announcement, the target equity transfer price has been paid in full to the designated settlement account of the Dalian Equity Exchange, and will be paid to Dalian Huarui Heavy Industry Group after completing the industrial and commercial change registration procedures. After the transaction, Dalian Huarui Heavy Industry Group won't hold equity in the target company anymore and Shengqi Power will hold its 32.5%. Announcement • Feb 11
Dalian Huarui Heavy Industry Group Co., Ltd. Announces Board Changes Dalian Huarui Heavy Industry Group Co., LTD. approved Election of Tang Ruiming as an independent director and also approved Election of Wang Guofeng as an independent director. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥64.1m, down 66% from the prior year. Total revenue was CN¥8.51b over the last 12 months, up 9.8% from the prior year. Is New 90 Day High Low • Oct 22
New 90-day low: CN¥3.80 The company is down 27% from its price of CN¥5.19 on 24 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥3.86 The company is down 9.0% from its price of CN¥4.24 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period. Announcement • Aug 13
Dalian Huarui Heavy Industry Group Co., LTD. to Report First Half, 2020 Results on Aug 29, 2020 Dalian Huarui Heavy Industry Group Co., LTD. announced that they will report first half, 2020 results on Aug 29, 2020 
