Declared Dividend • Jun 01
Dividend of CN¥0.30 announced Shareholders will receive a dividend of CN¥0.30. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 1.4%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 18% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 29% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • May 30
Rayhoo Motor Dies Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2025, Payable on 05 June 2026 Rayhoo Motor Dies Co.,Ltd. announced final cash dividend of CNY 3.00 per 10 shares (tax included) on A shares for the year 2025. Record date: 04 June 2026, Ex-date: 05 June 2026 and Payment date: 05 June 2026. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥35.36, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 29x in the Machinery industry in China. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥58.02 per share. Announcement • Apr 24
Rayhoo Motor Dies Co.,Ltd., Annual General Meeting, May 14, 2026 Rayhoo Motor Dies Co.,Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuhu Area, China (Anhui) Pilot Free Trade Zone China Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.51 (vs CN¥0.47 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.51 (up from CN¥0.47 in 1Q 2025). Revenue: CN¥1.01b (up 35% from 1Q 2025). Net income: CN¥106.7m (up 9.6% from 1Q 2025). Profit margin: 11% (down from 13% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% 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 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Mar 31
Rayhoo Motor Dies Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Rayhoo Motor Dies Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Dec 31
Rayhoo Motor Dies Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Rayhoo Motor Dies Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 27
Third quarter 2025 earnings released: EPS: CN¥0.62 (vs CN¥0.44 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.62 (up from CN¥0.44 in 3Q 2024). Revenue: CN¥942.1m (up 56% from 3Q 2024). Net income: CN¥128.0m (up 41% from 3Q 2024). Profit margin: 14% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 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 36% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Rayhoo Motor Dies Co.,Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Rayhoo Motor Dies Co.,Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 Reported Earnings • Jul 22
Second quarter 2025 earnings released: EPS: CN¥0.61 (vs CN¥0.41 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.61 (up from CN¥0.41 in 2Q 2024). Revenue: CN¥915.3m (up 49% from 2Q 2024). Net income: CN¥129.5m (up 51% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Rayhoo Motor Dies Co.,Ltd. to Report First Half, 2025 Results on Jul 22, 2025 Rayhoo Motor Dies Co.,Ltd. announced that they will report first half, 2025 results on Jul 22, 2025 Board Change • Apr 24
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Fangrui Liu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 24
First quarter 2025 earnings released: EPS: CN¥0.47 (vs CN¥0.38 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.47 (up from CN¥0.38 in 1Q 2024). Revenue: CN¥747.1m (up 48% from 1Q 2024). Net income: CN¥97.4m (up 28% from 1Q 2024). Profit margin: 13% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 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 37% 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 16
Rayhoo Motor Dies Co.,Ltd. Approves Cash Dividend for 2024 Rayhoo Motor Dies Co.,Ltd. approved at its Annual General Meeting of 2024 held on 14 April 2025, approved Cash dividend/10 shares (tax included): CNY 3.00000000. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥32.85, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Machinery industry in China. Total returns to shareholders of 117% over the past three years. Announcement • Mar 31
Rayhoo Motor Dies Co.,Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Rayhoo Motor Dies Co.,Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Announcement • Mar 26
Rayhoo Motor Dies Co.,Ltd. Proposes Final Dividend for 2024 Rayhoo Motor Dies Co.,Ltd. announced on 25 March 2025 the profit distribution proposal for 2024 as follows: Cash dividend per 10 shares (tax included) of CNY 3.00000000. Reported Earnings • Mar 25
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: CN¥1.70 (up from CN¥1.08 in FY 2023). Revenue: CN¥2.42b (up 29% from FY 2023). Net income: CN¥350.3m (up 73% from FY 2023). Profit margin: 14% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 1.4%. Revenue is forecast to grow 30% 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 whereas the company’s share price has increased by 34% per year. Announcement • Mar 25
Rayhoo Motor Dies Co.,Ltd., Annual General Meeting, Apr 14, 2025 Rayhoo Motor Dies Co.,Ltd., Annual General Meeting, Apr 14, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuhu Area, China (Anhui) Pilot Free Trade Zone China Announcement • Jan 10
Rayhoo Motor Dies Co.,Ltd. Announces Board Appointments Rayhoo Motor Dies Co.,Ltd. held its 1st Extraordinary General Meeting of 2025 on 08 January 2025, approved appointment of Shu Xiaoxue, non-independent director, Wang Hongjun, independent director, Zhang Donghua, independent director, Liu Fangduan, independent director. Liu Zejun, shareholder supervisor. Announcement • Dec 31
Rayhoo Motor Dies Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 25, 2025 Rayhoo Motor Dies Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 25, 2025 Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥40.97, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x in the Machinery industry in China. Total returns to shareholders of 132% over the past three years. Price Target Changed • Oct 21
Price target increased by 7.4% to CN¥37.34 Up from CN¥34.78, the current price target is an average from 3 analysts. New target price is 17% above last closing price of CN¥31.80. Stock is down 22% over the past year. The company is forecast to post earnings per share of CN¥1.67 for next year compared to CN¥1.08 last year. Reported Earnings • Oct 18
Third quarter 2024 earnings released: EPS: CN¥0.44 (vs CN¥0.35 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.44 (up from CN¥0.35 in 3Q 2023). Revenue: CN¥605.0m (up 38% from 3Q 2023). Net income: CN¥90.8m (up 42% from 3Q 2023). Profit margin: 15% (in line with 3Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 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 31% per year and the company’s share price has also increased by 31% per year. Announcement • Sep 30
Rayhoo Motor Dies Co.,Ltd. to Report Q3, 2024 Results on Oct 18, 2024 Rayhoo Motor Dies Co.,Ltd. announced that they will report Q3, 2024 results on Oct 18, 2024 Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥30.15, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Machinery industry in China. Total returns to shareholders of 117% over the past three years. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.41 (vs CN¥0.26 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.41 (up from CN¥0.26 in 2Q 2023). Revenue: CN¥615.3m (up 30% from 2Q 2023). Net income: CN¥85.9m (up 82% from 2Q 2023). Profit margin: 14% (up from 9.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 3 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 29% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 12
Price target increased by 11% to CN¥35.91 Up from CN¥32.23, the current price target is an average from 3 analysts. New target price is 7.9% above last closing price of CN¥33.28. Stock is up 2.3% over the past year. The company is forecast to post earnings per share of CN¥1.52 for next year compared to CN¥1.08 last year. Announcement • Jun 29
Rayhoo Motor Dies Co.,Ltd. to Report First Half, 2024 Results on Aug 20, 2024 Rayhoo Motor Dies Co.,Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥31.31, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Machinery industry in China. Total returns to shareholders of 76% over the past three years. Announcement • Jun 08
Rayhoo Motor Dies Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2023, Payable on 14 June 2024 Rayhoo Motor Dies Co.,Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 3.00000000 for the year 2023, payable on 14 June 2024. Record date: 13 June 2024. Ex-date: 14 June 2024. Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.38 (vs CN¥0.23 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.38 (up from CN¥0.23 in 1Q 2023). Revenue: CN¥505.6m (up 32% from 1Q 2023). Net income: CN¥75.8m (up 77% from 1Q 2023). Profit margin: 15% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 36% 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 26% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Apr 23
Rayhoo Motor Dies Co.,Ltd., Annual General Meeting, May 14, 2024 Rayhoo Motor Dies Co.,Ltd., Annual General Meeting, May 14, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wuhu Area, China (Anhui) Pilot Free Trade Zone, Anhui China Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥25.30, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 24% over the past three years. Announcement • Mar 30
Rayhoo Motor Dies Co.,Ltd. to Report Q1, 2024 Results on Apr 23, 2024 Rayhoo Motor Dies Co.,Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥31.14, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 109% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥26.15, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Machinery industry in China. Total returns to shareholders of 76% over the past three years. 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¥20.88, 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 42% over the past three years. Price Target Changed • Feb 01
Price target decreased by 35% to CN¥29.84 Down from CN¥46.20, the current price target is an average from 2 analysts. New target price is 34% above last closing price of CN¥22.20. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.76 last year. Announcement • Dec 30
Rayhoo Motor Dies Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Rayhoo Motor Dies Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥38.10, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 95% over the past three years. Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.28 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.35 (up from CN¥0.28 in 3Q 2022). Revenue: CN¥438.5m (up 9.4% from 3Q 2022). Net income: CN¥64.1m (up 26% from 3Q 2022). Profit margin: 15% (up from 13% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. 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 32% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥43.28, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 122% over the past three years. Announcement • Sep 30
Rayhoo Motor Dies Co.,Ltd. to Report Q3, 2023 Results on Oct 24, 2023 Rayhoo Motor Dies Co.,Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023 New Risk • Aug 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (4.4% increase in shares outstanding). New Risk • Jul 12
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 6.8% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.8% average weekly change). Announcement • Jul 01
Rayhoo Motor Dies Co.,Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Rayhoo Motor Dies Co.,Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥29.60, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 75% over the past year. Announcement • May 18
Rayhoo Motor Dies Co.,Ltd. Approves Cash Dividend for 2022 Rayhoo Motor Dies Co.,Ltd. at its Annual General Meeting of 2022 held on 16 May 2023, approved cash dividend/10 shares (tax included): CNY 3.00000000. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.15 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.23 (up from CN¥0.15 in 1Q 2022). Revenue: CN¥384.0m (up 79% from 1Q 2022). Net income: CN¥42.9m (up 55% from 1Q 2022). Profit margin: 11% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in China. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥28.42, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 34x in the Machinery industry in China. Total returns to shareholders of 67% over the past year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Dalin Zhang was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.17 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.17 in 3Q 2021). Revenue: CN¥400.8m (up 79% from 3Q 2021). Net income: CN¥51.1m (up 68% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥25.10, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 78% over the past year. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment deteriorated over the past week After last week's 22% share price decline to CN¥26.00, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 38x in the Machinery industry in China. Total returns to shareholders of 69% over the past year. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: CN¥0.22 (vs CN¥0.19 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.22 (up from CN¥0.19 in 2Q 2021). Revenue: CN¥293.1m (down 3.7% from 2Q 2021). Net income: CN¥40.4m (up 13% from 2Q 2021). Profit margin: 14% (up from 12% in 2Q 2021). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥31.00, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 35x in the Machinery industry in China. Total returns to shareholders of 107% over the past year. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥20.00, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 34x in the Machinery industry in China. Total returns to shareholders of 18% over the past year. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥18.92, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 1.4% over the past year. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥16.09, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 32x in the Machinery industry in China. Total loss to shareholders of 13% over the past year. Announcement • May 26
Rayhoo Motor Dies Co.,Ltd. Announces Cash Dividend, Payable on May 31, 2022 Rayhoo Motor Dies Co.,Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 2.00000000. Record date as 30 May 2022, ex-date as May 31, 2022 and payment date as May 31, 2022. Announcement • May 12
Rayhoo Motor Dies Co.,Ltd. Approves Cash Dividend for 2021 Rayhoo Motor Dies Co.,Ltd, at the Annual General Meeting of 2021 on 06 May 2022 approved Cash dividend/10 shares (tax included) of CNY 2.00000000 for 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.08 (vs CN¥0.12 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.08 (down from CN¥0.12 in 1Q 2021). Revenue: CN¥135.0m (up 3.0% from 1Q 2021). Net income: CN¥15.0m (down 30% from 1Q 2021). Profit margin: 11% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Apr 12
Full year 2021 earnings released: EPS: CN¥0.63 (vs CN¥0.68 in FY 2020) Full year 2021 results: EPS: CN¥0.63. Revenue: CN¥1.04b (up 10.0% from FY 2020). Net income: CN¥115.2m (up 12% from FY 2020). Profit margin: 11% (in line with FY 2020). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥22.15, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 35x in the Machinery industry in China. Total returns to shareholders of 44% over the past year. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥17.63, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 37x in the Machinery industry in China. Total returns to shareholders of 20% over the past year. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥18.30, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 41x in the Machinery industry in China. Negligible returns to shareholders over past year. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.08 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥224.4m (up 44% from 3Q 2020). Net income: CN¥30.4m (up 106% from 3Q 2020). Profit margin: 14% (up from 9.5% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.25 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¥304.4m (up 25% from 2Q 2020). Net income: CN¥35.7m (up 3.9% from 2Q 2020). Profit margin: 12% (down from 14% in 2Q 2020). Announcement • May 21
Rayhoo Motor Dies Co.,Ltd. Approves Cash Dividend Proposal for 2020 Rayhoo Motor Dies Co.,Ltd. at its Annual General Meeting of 2020, approved the profit distribution proposal for 2020 as cash dividend per 10 shares (tax included) of CNY 2.00000000. Valuation Update With 7 Day Price Move • May 04
Investor sentiment deteriorated over the past week After last week's 24% share price decline to CN¥18.29, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 31x in the Machinery industry in China. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.21 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: CN¥131.0m (down 33% from 1Q 2020). Net income: CN¥21.6m (down 26% from 1Q 2020). Profit margin: 17% (up from 15% in 1Q 2020). The increase in margin was driven by lower expenses. Announcement • Apr 29
Rayhoo Motor Dies Co.,Ltd. Announces Final Cash Dividend Proposal for 2020 Rayhoo Motor Dies Co.,Ltd. announced on 27 April 2021 the profit distribution proposal for 2020 as cash dividend per 10 shares (tax included) of CNY 2.00000000. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 30% share price gain to CN¥21.18, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 35x in the Machinery industry in China. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥17.34, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 34x in the Machinery industry in China. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥15.25 The company is down 24% from its price of CN¥19.94 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: CN¥17.61 The company is down 17% from its price of CN¥21.09 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 2.0% over the same period. Announcement • Oct 17
Rayhoo Motor Dies Co.,Ltd. to Report Q3, 2021 Results on Oct 23, 2020 Rayhoo Motor Dies Co.,Ltd. announced that they will report Q3, 2021 results on Oct 23, 2020 
