Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.16 (vs CN¥0.19 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.16 (down from CN¥0.19 in 1Q 2025). Revenue: CN¥250.9m (flat on 1Q 2025). Net income: CN¥36.2m (down 17% from 1Q 2025). Profit margin: 14% (down from 17% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. New Risk • Apr 02
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin). Announcement • Mar 31
Beijing Tongyizhong New Material Technology Corporation, Annual General Meeting, Apr 24, 2026 Beijing Tongyizhong New Material Technology Corporation, Annual General Meeting, Apr 24, 2026, at 14:00 China Standard Time. Location: No. 17, Jingsheng South 2nd Street, Maju Bridge Town, Tongzhou District, Beijing China Announcement • Mar 30
Beijing Tongyizhong New Material Technology Corporation to Report Q1, 2026 Results on Apr 25, 2026 Beijing Tongyizhong New Material Technology Corporation announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Mar 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 20% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 05
Full year 2025 earnings released: EPS: CN¥0.49 (vs CN¥0.58 in FY 2024) Full year 2025 results: EPS: CN¥0.49 (down from CN¥0.58 in FY 2024). Revenue: CN¥976.5m (up 50% from FY 2024). Net income: CN¥109.6m (down 16% from FY 2024). Profit margin: 11% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥18.09, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 8.0% over the past three years. Announcement • Dec 26
Beijing Tongyizhong New Material Technology Corporation to Report Fiscal Year 2025 Results on Mar 31, 2026 Beijing Tongyizhong New Material Technology Corporation announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.15 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥235.9m (up 36% from 3Q 2024). Net income: CN¥26.6m (down 23% from 3Q 2024). Profit margin: 11% (down from 20% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 5% per year. Announcement • Sep 30
Beijing Tongyizhong New Material Technology Corporation to Report Q3, 2025 Results on Oct 30, 2025 Beijing Tongyizhong New Material Technology Corporation announced that they will report Q3, 2025 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥19.12, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 23x in the Chemicals industry in China. Total loss to shareholders of 6.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥29.35 per share. Announcement • Jun 30
Beijing Tongyizhong New Material Technology Corporation to Report First Half, 2025 Results on Aug 30, 2025 Beijing Tongyizhong New Material Technology Corporation announced that they will report first half, 2025 results on Aug 30, 2025 Buy Or Sell Opportunity • May 07
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 85% to CN¥23.90. The fair value is estimated to be CN¥19.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 51% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥17.38, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Chemicals industry in China. Total returns to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.07 per share. Announcement • Mar 29
Beijing Tongyizhong New Material Technology Corporation, Annual General Meeting, Apr 23, 2025 Beijing Tongyizhong New Material Technology Corporation, Annual General Meeting, Apr 23, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 28
Beijing Tongyizhong New Material Technology Corporation to Report Q1, 2025 Results on Apr 29, 2025 Beijing Tongyizhong New Material Technology Corporation announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥18.86, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Chemicals industry in China. Total returns to shareholders of 63% over the past three years. New Risk • Mar 18
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 8.2% 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. Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: CN¥0.58 (vs CN¥0.68 in FY 2023) Full year 2024 results: EPS: CN¥0.58 (down from CN¥0.68 in FY 2023). Revenue: CN¥649.4m (up 1.4% from FY 2023). Net income: CN¥130.2m (down 15% from FY 2023). Profit margin: 20% (down from 24% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥16.45, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 36x in the Chemicals industry in China. Total returns to shareholders of 33% over the past three years. Announcement • Dec 27
Beijing Tongyizhong New Material Technology Corporation to Report Fiscal Year 2024 Results on Mar 29, 2025 Beijing Tongyizhong New Material Technology Corporation announced that they will report fiscal year 2024 results on Mar 29, 2025 Announcement • Dec 13
Beijing Tongyizhong New Material Technology Corporation (SHSE:688722) agreed to acquire 75.80% stake in X-FIPER New Material Co.,Ltd from Sro Group (China) Limited, Scenery Sharp Investment Limited, Olympus Summit Holdings, Limited and Superlative Hong Kong Investments Limited for approximately CNY 240 million. Beijing Tongyizhong New Material Technology Corporation (SHSE:688722) agreed to acquire 75.80% stake in X-FIPER New Material Co.,Ltd from Sro Group (China) Limited, Scenery Sharp Investment Limited, Olympus Summit Holdings, Limited and Superlative Hong Kong Investments Limited for approximately CNY 240 million on December 11, 2024. A cash consideration of CNY 242.56 million will be paid by Beijing Tongyizhong New Material Technology Corporation.
As of September 30, 2024, X-FIPER New Material Co.,Ltd reported total assets of CNY 668.8 million and total common equity of CNY 328.57 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. Announcement • Sep 30
Beijing Tongyizhong New Material Technology Corporation to Report Q3, 2024 Results on Oct 24, 2024 Beijing Tongyizhong New Material Technology Corporation announced that they will report Q3, 2024 results on Oct 24, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥12.20, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Chemicals industry in China. Total loss to shareholders of 12% over the past year. Announcement • Jun 28
Beijing Tongyizhong New Material Technology Corporation to Report First Half, 2024 Results on Aug 24, 2024 Beijing Tongyizhong New Material Technology Corporation announced that they will report first half, 2024 results on Aug 24, 2024 Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥12.78, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 17x in the Chemicals industry in China. Total loss to shareholders of 24% over the past year. Reported Earnings • Apr 01
Full year 2023 earnings released: EPS: CN¥0.68 (vs CN¥0.76 in FY 2022) Full year 2023 results: EPS: CN¥0.68 (down from CN¥0.76 in FY 2022). Revenue: CN¥640.3m (up 3.9% from FY 2022). Net income: CN¥153.6m (down 10% from FY 2022). Profit margin: 24% (down from 28% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • Mar 30
Beijing Tongyizhong New Material Technology Corporation, Annual General Meeting, Apr 29, 2024 Beijing Tongyizhong New Material Technology Corporation, Annual General Meeting, Apr 29, 2024, at 14:30 China Standard Time. Location: No. 17, Jingsheng South 2nd Street, Majuqiao Town, Tongzhou District, Beijing China Announcement • Mar 29
Beijing Tongyizhong New Material Technology Corporation to Report Q1, 2024 Results on Apr 25, 2024 Beijing Tongyizhong New Material Technology Corporation announced that they will report Q1, 2024 results on Apr 25, 2024 Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: CN¥0.69 (vs CN¥0.76 in FY 2022) Full year 2023 results: EPS: CN¥0.69 (down from CN¥0.76 in FY 2022). Revenue: CN¥640.3m (up 3.9% from FY 2022). Net income: CN¥154.5m (down 9.9% from FY 2022). Profit margin: 24% (down from 28% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥10.90, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 28x in the Chemicals industry in China. Total loss to shareholders of 45% over the past year. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.26 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.17 (down from CN¥0.26 in 3Q 2022). Revenue: CN¥129.0m (down 27% from 3Q 2022). Net income: CN¥37.1m (down 37% from 3Q 2022). Profit margin: 29% (down from 34% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Chemicals industry in China. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.20 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.18 (down from CN¥0.20 in 2Q 2022). Revenue: CN¥150.5m (down 9.6% from 2Q 2022). Net income: CN¥41.6m (down 7.1% from 2Q 2022). Profit margin: 28% (in line with 2Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Chemicals industry in China. Reported Earnings • Apr 13
First quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.14 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.24 (up from CN¥0.14 in 1Q 2022). Revenue: CN¥239.3m (up 107% from 1Q 2022). Net income: CN¥53.9m (up 76% from 1Q 2022). Profit margin: 23% (down from 26% in 1Q 2022). 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 18% growth forecast for the Chemicals industry in China. Reported Earnings • Feb 24
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.76 (up from CN¥0.30 in FY 2021). Revenue: CN¥616.4m (up 86% from FY 2021). Net income: CN¥171.6m (up 227% from FY 2021). Profit margin: 28% (up from 16% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) also missed analyst estimates by 5.0%. Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Chemicals industry in China. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥17.13, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥21.38, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Chemicals industry in China. Total returns to shareholders of 34% over the past year. Announcement • Nov 18
Beijing Tongyizhong New Material Technology Corporation (SHSE:688722) acquired 70% of Yancheng Youhebo New Materials Co., Ltd. for CNY 179.7 million. Beijing Tongyizhong New Material Technology Corporation (SHSE:688722) acquired 70% of Yancheng Youhebo New Materials Co., Ltd. for CNY 179.7 million on November 16, 2022.
Beijing Tongyizhong New Material Technology Corporation (SHSE:688722) completed the acquisition of 70% of Yancheng Youhebo New Materials Co., Ltd. for CNY 179.7 million on November 16, 2022. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.062 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.26 (up from CN¥0.062 in 3Q 2021). Revenue: CN¥175.7m (up 111% from 3Q 2021). Net income: CN¥58.9m (up 419% from 3Q 2021). Profit margin: 34% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥20.69, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 26x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥20.52, the stock trades at a trailing P/E ratio of 47.1x. Average trailing P/E is 28x in the Chemicals industry in China. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.10 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.20 (up from CN¥0.10 in 2Q 2021). Revenue: CN¥166.5m (up 112% from 2Q 2021). Net income: CN¥44.7m (up 161% from 2Q 2021). Profit margin: 27% (up from 22% in 2Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥17.27, the stock trades at a trailing P/E ratio of 55.2x. Average trailing P/E is 27x in the Chemicals industry in China. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥14.19, the stock trades at a trailing P/E ratio of 45.3x. Average trailing P/E is 26x in the Chemicals industry in China. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.08 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.08 in 1Q 2021). Revenue: CN¥115.8m (up 51% from 1Q 2021). Net income: CN¥30.6m (up 140% from 1Q 2021). Profit margin: 26% (up from 17% in 1Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: CN¥0.30 (vs CN¥0.34 in FY 2020) Full year 2021 results: EPS: CN¥0.30 (down from CN¥0.34 in FY 2020). Revenue: CN¥330.9m (up 17% from FY 2020). Net income: CN¥52.5m (down 7.7% from FY 2020). Profit margin: 16% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.30 (down from CN¥0.34 in FY 2020). Revenue: CN¥330.9m (up 17% from FY 2020). Net income: CN¥52.5m (down 7.7% from FY 2020). Profit margin: 16% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Reported Earnings • Feb 28
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.30 (down from CN¥0.34 in FY 2020). Revenue: CN¥330.9m (up 17% from FY 2020). Net income: CN¥52.5m (down 7.7% from FY 2020). Profit margin: 16% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates.