Board Change • May 21
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. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Zi Ye Zhao was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 30
Bright Dairy & Food Co.,Ltd, Annual General Meeting, May 28, 2026 Bright Dairy & Food Co.,Ltd, Annual General Meeting, May 28, 2026, at 13:30 China Standard Time. Location: 1F, No. 2680, Hechuan Road, Minhang District, Shanghai China Reported Earnings • Apr 04
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: CN¥0.11 loss per share (down from CN¥0.52 profit in FY 2024). Revenue: CN¥23.9b (down 1.6% from FY 2024). Net loss: CN¥149.2m (down 121% from profit in FY 2024). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. New Risk • Apr 02
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Price Target Changed • Apr 01
Price target decreased by 13% to CN¥8.83 Down from CN¥10.21, the current price target is an average from 2 analysts. New target price is 17% above last closing price of CN¥7.56. Stock is down 9.6% over the past year. The company is forecast to post earnings per share of CN¥0.34 for next year compared to CN¥0.52 last year. Announcement • Mar 30
Bright Dairy & Food Co.,Ltd to Report Q1, 2026 Results on Apr 30, 2026 Bright Dairy & Food Co.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 Buy Or Sell Opportunity • Jan 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.3% to CN¥8.02. The fair value is estimated to be CN¥10.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.9% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 8.8% in 2 years. Earnings are forecast to decline by 14% in the next 2 years. Announcement • Dec 26
Bright Dairy & Food Co.,Ltd to Report Fiscal Year 2025 Results on Mar 31, 2026 Bright Dairy & Food Co.,Ltd announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.079 loss per share (vs CN¥0.10 loss in 3Q 2024) Third quarter 2025 results: CN¥0.079 loss per share (improved from CN¥0.10 loss in 3Q 2024). Revenue: CN¥5.76b (up 1.0% from 3Q 2024). Net loss: CN¥130.0m (loss narrowed 21% from 3Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Bright Dairy & Food Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Bright Dairy & Food Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 Board Change • Jul 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. 5 experienced directors. No highly experienced directors. GM & Director Min Ben was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 30
Bright Dairy & Food Co.,Ltd to Report First Half, 2025 Results on Aug 30, 2025 Bright Dairy & Food Co.,Ltd announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • Jun 02
Bright Dairy & Food Co.,Ltd, Annual General Meeting, Jun 23, 2025 Bright Dairy & Food Co.,Ltd, Annual General Meeting, Jun 23, 2025, at 13:30 China Standard Time. Location: 5F, Building A, No. 595, Caoxi North Road, Xuhui District, Shanghai China New Risk • May 16
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Apr 30
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: CN¥0.52 (down from CN¥0.70 in FY 2023). Revenue: CN¥24.3b (down 8.3% from FY 2023). Net income: CN¥722.0m (down 25% from FY 2023). Profit margin: 3.0% (down from 3.7% in FY 2023). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 32%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Mar 28
Bright Dairy & Food Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 Bright Dairy & Food Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
Bright Dairy & Food Co.,Ltd to Report Fiscal Year 2024 Results on Apr 08, 2025 Bright Dairy & Food Co.,Ltd announced that they will report fiscal year 2024 results on Apr 08, 2025 Board Change • Dec 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. 6 experienced directors. 1 highly experienced director. Chairman Liming Huang was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.10 loss per share (vs CN¥0.01 loss in 3Q 2023) Third quarter 2024 results: CN¥0.10 loss per share (further deteriorated from CN¥0.01 loss in 3Q 2023). Revenue: CN¥5.70b (down 13% from 3Q 2023). Net loss: CN¥164.0m (loss widened CN¥148.8m from 3Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Food 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 18% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Bright Dairy & Food Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Bright Dairy & Food Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥9.26, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Food industry in China. Total loss to shareholders of 30% over the past three years. Major Estimate Revision • Sep 06
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥27.3b to CN¥25.0b. EPS estimate also fell from CN¥0.416 per share to CN¥0.373 per share. Net income forecast to shrink 41% next year vs 23% growth forecast for Food industry in China . Consensus price target down from CN¥10.21 to CN¥9.45. Share price fell 2.1% to CN¥7.57 over the past week. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.073 (vs CN¥0.11 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.073 (down from CN¥0.11 in 2Q 2023). Revenue: CN¥6.30b (down 11% from 2Q 2023). Net income: CN¥108.1m (down 28% from 2Q 2023). Profit margin: 1.7% (down from 2.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Food 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 15% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Bright Dairy & Food Co.,Ltd to Report First Half, 2024 Results on Aug 31, 2024 Bright Dairy & Food Co.,Ltd announced that they will report first half, 2024 results on Aug 31, 2024 Price Target Changed • May 01
Price target decreased by 8.2% to CN¥10.10 Down from CN¥11.00, the current price target is an average from 2 analysts. New target price is 12% above last closing price of CN¥9.03. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥0.49 for next year compared to CN¥0.26 last year. Major Estimate Revision • May 01
Consensus revenue estimates fall by 16% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥32.0b to CN¥26.7b. EPS estimate fell from CN¥0.537 to CN¥0.478 per share. Net income forecast to grow 91% next year vs 23% growth forecast for Food industry in China. Consensus price target down from CN¥11.00 to CN¥10.10. Share price fell 2.5% to CN¥9.03 over the past week. Announcement • Apr 30
Bright Dairy & Food Co.,Ltd, Annual General Meeting, May 30, 2024 Bright Dairy & Food Co.,Ltd, Annual General Meeting, May 30, 2024, at 13:00 China Standard Time. Location: 5F, Building A, No. 595, Caoxi North Road, Xuhui District, Shanghai China Announcement • Mar 29
Bright Dairy & Food Co.,Ltd to Report Q1, 2024 Results on Apr 29, 2024 Bright Dairy & Food Co.,Ltd announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Dec 29
Bright Dairy & Food Co.,Ltd to Report Fiscal Year 2023 Results on Mar 26, 2024 Bright Dairy & Food Co.,Ltd announced that they will report fiscal year 2023 results on Mar 26, 2024 Major Estimate Revision • Nov 07
Consensus EPS estimates fall by 39% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥29.7b to CN¥27.4b. EPS estimate also fell from CN¥0.478 per share to CN¥0.29 per share. Net income forecast to grow 105% next year vs 36% growth forecast for Food industry in China. Consensus price target down from CN¥11.03 to CN¥10.81. Share price was steady at CN¥9.47 over the past week. New Risk • Nov 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • Aug 29
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.081 in 2Q 2022). Revenue: CN¥7.07b (down 1.3% from 2Q 2022). Net income: CN¥150.5m (up 30% from 2Q 2022). Profit margin: 2.1% (up from 1.6% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Announcement • Jun 28
Bright Dairy & Food Co.,Ltd to Report First Half, 2023 Results on Aug 29, 2023 Bright Dairy & Food Co.,Ltd announced that they will report first half, 2023 results on Aug 29, 2023 Price Target Changed • Apr 06
Price target decreased by 7.4% to CN¥12.09 Down from CN¥13.06, the current price target is an average from 4 analysts. New target price is 15% above last closing price of CN¥10.51. Stock is down 5.3% over the past year. The company is forecast to post earnings per share of CN¥0.48 for next year compared to CN¥0.26 last year. Reported Earnings • Mar 21
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.26 (down from CN¥0.48 in FY 2021). Revenue: CN¥28.2b (down 3.4% from FY 2021). Net income: CN¥360.7m (down 39% from FY 2021). Profit margin: 1.3% (down from 2.0% in FY 2021). Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 43%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year. Buying Opportunity • Mar 07
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CN¥13.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 9.6%. Revenue is forecast to grow by 28% in 2 years. Earnings is forecast to grow by 54% in the next 2 years. Buying Opportunity • Feb 16
Now 21% undervalued Over the last 90 days, the stock is up 5.6%. The fair value is estimated to be CN¥13.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 9.6%. Revenue is forecast to grow by 28% in 2 years. Earnings is forecast to grow by 54% in the next 2 years. Major Estimate Revision • Nov 05
Consensus EPS estimates fall by 24% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥31.4b to CN¥28.4b. EPS estimate also fell from CN¥0.48 per share to CN¥0.37 per share. Net income forecast to grow 32% next year vs 42% growth forecast for Food industry in China. Consensus price target down from CN¥13.84 to CN¥13.26. Share price was steady at CN¥9.90 over the past week. Reported Earnings • Oct 30
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: CN¥0.068 (down from CN¥0.15 in 3Q 2021). Revenue: CN¥6.97b (down 11% from 3Q 2021). Net income: CN¥88.0m (down 52% from 3Q 2021). Profit margin: 1.3% (down from 2.4% in 3Q 2021). Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Food 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. Reported Earnings • Aug 31
Second quarter 2022 earnings: EPS misses analyst expectations Second quarter 2022 results: EPS: CN¥0.081 (down from CN¥0.13 in 2Q 2021). Revenue: CN¥7.16b (down 1.6% from 2Q 2021). Net income: CN¥115.6m (down 28% from 2Q 2021). Profit margin: 1.6% (down from 2.2% in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 38%. Over the next year, revenue is forecast to grow 15%, compared to a 24% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 02
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.08 in 1Q 2021). Revenue: CN¥7.25b (up 3.7% from 1Q 2021). Net income: CN¥165.8m (up 67% from 1Q 2021). Profit margin: 2.3% (up from 1.4% in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 50%. Over the next year, revenue is forecast to grow 12%, compared to a 20% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Apr 04
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from CN¥31.2b to CN¥32.2b. EPS estimate fell from CN¥0.60 to CN¥0.49 per share. Net income forecast to grow 15% next year vs 32% growth forecast for Food industry in China. Consensus price target down from CN¥15.71 to CN¥14.37. Share price was steady at CN¥11.58 over the past week. Price Target Changed • Apr 01
Price target decreased to CN¥14.37 Down from CN¥15.71, the current price target is an average from 6 analysts. New target price is 24% above last closing price of CN¥11.58. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥0.49 for next year compared to CN¥0.48 last year. Reported Earnings • Mar 30
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.48 (down from CN¥0.50 in FY 2020). Revenue: CN¥29.2b (up 16% from FY 2020). Net income: CN¥592.3m (down 2.5% from FY 2020). Profit margin: 2.0% (down from 2.4% in FY 2020). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 7.1%, compared to a 18% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jan 14
Now 20% undervalued Over the last 90 days, the stock is up 2.1%. The fair value is estimated to be CN¥17.53, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has grown by 18% per annum over the last 3 years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.15 (vs CN¥0.096 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥7.79b (up 19% from 3Q 2020). Net income: CN¥184.1m (up 57% from 3Q 2020). Profit margin: 2.4% (up from 1.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year. Price Target Changed • Sep 06
Price target decreased to CN¥17.44 Down from CN¥19.49, the current price target is an average from 8 analysts. New target price is 35% above last closing price of CN¥12.88. Stock is down 32% over the past year. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.20 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥7.28b (up 3.8% from 2Q 2020). Net income: CN¥161.8m (down 30% from 2Q 2020). Profit margin: 2.2% (down from 3.3% 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 10% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.06 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥6.99b (up 36% from 1Q 2020). Net income: CN¥99.2m (up 29% from 1Q 2020). Profit margin: 1.4% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.50 (vs CN¥0.41 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥25.2b (up 12% from FY 2019). Net income: CN¥607.6m (up 22% from FY 2019). Profit margin: 2.4% (up from 2.2% in FY 2019). The increase in margin was driven by higher revenue. 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 13% per year, which means it is well ahead of earnings. Announcement • Mar 17
Bright Dairy & Food Co.,Ltd announced that it expects to receive CNY 1.93 billion in funding from Bright Food (Group) Co., LTD. Bright Dairy & Food Co.,Ltd (SHSE:600597) announced a private placement of not more than 367,346,252 A shares for gross proceeds of not more than CNY 1,930,000,000 on March 16, 2021. The transaction will include participation from no more than 35 specific investors including returning investor Bright Food (Group) Co., Ltd. for 51.73% stake. The issuance price will be not lower than 80% of the average price of the company’s shares as of 20 trading days since issuance date. The company will issue not more than 30% of the total share capital prior to the transaction. The shares to be issued to Bright Food (Group) Co., LTD. will have a hold period of 18 months from the date of closing and shares to be issued to other investor will have a hold period of 6 months from the date of the end of the issuance. The transaction has been approved by the board of directors of the company at its 52nd meeting of the 6th directorate and is subject to shareholder, China Securities Regulatory Commission,state-owned assets supervision and management agency Announcement • Mar 05
Bright Dairy & Food Co.,Ltd to Report Fiscal Year 2020 Results on Mar 30, 2021 Bright Dairy & Food Co.,Ltd announced that they will report fiscal year 2020 results on Mar 30, 2021 Is New 90 Day High Low • Jan 21
New 90-day high: CN¥20.18 The company is up 19% from its price of CN¥16.95 on 23 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.39 per share. Is New 90 Day High Low • Jan 05
New 90-day high: CN¥18.43 The company is up 10.0% from its price of CN¥16.73 on 30 September 2020. The Chinese market is also up 10.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. Its price trend is also similar to the Food industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.39 per share. Is New 90 Day High Low • Nov 26
New 90-day low: CN¥15.03 The company is down 30% from its price of CN¥21.45 on 28 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥18.84 per share. Is New 90 Day High Low • Oct 31
New 90-day low: CN¥15.50 The company is down 18% from its price of CN¥18.86 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥19.64 per share. Analyst Estimate Surprise Post Earnings • Oct 29
Third-quarter earnings released: Earnings beat expectations, revenue disappoints Third-quarter revenue missed analyst estimates by 2.8% at CN¥6.58b. Earnings per share (EPS) exceeded analyst estimates by 11% at CN¥0.10. Revenue is forecast to grow 9.2% over the next year, compared to a 23% growth forecast for the Food industry in China. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥479.9m, up 24% from the prior year. Total revenue was CN¥24.2b over the last 12 months, up 8.3% from the prior year. Announcement • Jul 09
Bright Dairy & Food Co.,Ltd to Report First Half, 2020 Results on Aug 25, 2020 Bright Dairy & Food Co.,Ltd announced that they will report first half, 2020 results on Aug 25, 2020 
