Announcement • Jun 30
Zhejiang Cayi Vacuum Container Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Announcement • Jun 11
Zhejiang Cayi Vacuum Container Co., Ltd. (SZSE:301004) announces an Equity Buyback for CNY 80 million worth of its shares. Zhejiang Cayi Vacuum Container Co., Ltd. (SZSE:301004) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its class A shares. The shares will be repurchased at a price of not more than CNY 60.79 per share. The repurchases will be funded from the company's own funds and Self-Financing. The repurchased shares will be used for equity incentives and shares not used within 3 years after the completion of the repurchase will be cancelled. The program is valid for 12 months from the company's Shareholders’ Approval Date. New Risk • May 01
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: 17% Last year net profit margin: 25% 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. Announcement • Apr 29
Zhejiang Cayi Vacuum Container Co., Ltd., Annual General Meeting, May 19, 2026 Zhejiang Cayi Vacuum Container Co., Ltd., Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jinhua, Zhejiang China Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥3.02 (vs CN¥5.15 in FY 2024) Full year 2025 results: EPS: CN¥3.02 (down from CN¥5.15 in FY 2024). Revenue: CN¥2.35b (down 17% from FY 2024). Net income: CN¥437.2m (down 40% from FY 2024). Profit margin: 19% (down from 26% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 31
Zhejiang Cayi Vacuum Container Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥56.27, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the Consumer Durables industry in China. Total returns to shareholders of 161% over the past three years. Announcement • Dec 31
Zhejiang Cayi Vacuum Container Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Announcement • Sep 30
Zhejiang Cayi Vacuum Container Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Price Target Changed • Sep 06
Price target decreased by 10% to CN¥94.00 Down from CN¥105, the current price target is provided by 1 analyst. New target price is 46% above last closing price of CN¥64.25. Stock is down 0.2% over the past year. The company is forecast to post earnings per share of CN¥5.87 for next year compared to CN¥5.14 last year. Announcement • Aug 30
Zhejiang Cayi Vacuum Container Co., Ltd. Proposes Interim Cash Dividend for 2025 Zhejiang Cayi Vacuum Container Co., Ltd. at the Extraordinary General Meeting of 2025 held on 15 September 2025, proposed 2025 interim profit distribution plan of Cash dividend/10 shares (tax included): CNY 10.00000000. Announcement • Jul 02
Zhejiang Cayi Vacuum Container Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CN¥1.48 (vs CN¥1.06 in 1Q 2024) First quarter 2025 results: EPS: CN¥1.48 (up from CN¥1.06 in 1Q 2024). Revenue: CN¥719.5m (up 67% from 1Q 2024). Net income: CN¥151.8m (up 41% from 1Q 2024). Profit margin: 21% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Apr 30
Dividend increased to CN¥3.00 Dividend of CN¥3.00 is 50% higher than last year. Ex-date: 7th May 2025 Payment date: 7th May 2025 Dividend yield will be 3.0%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (dividend approximately 8x free cash flows). The dividend has increased by an average of 65% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 58% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 17
Zhejiang Cayi Vacuum Container Co., Ltd. (SZSE:301004) announces an Equity Buyback for CNY 160 million worth of its shares. Zhejiang Cayi Vacuum Container Co., Ltd. (SZSE:301004) announces a share repurchase program. Under the program, the company will repurchase up to CNY 160 million worth of its class A shares. The shares will be repurchased at a price of not more than CNY 139.86 per share. The repurchases will be funded from the company's own funds and Special Loan Funds for Share Repurchase. The repurchased shares will be used for equity incentives and shares not used within 3 years after the completion of the repurchase will be cancelled. The program is subject to the shareholders’ approval. The program is valid for 12 months from the company's Shareholders’ Approval Date. New Risk • Apr 07
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 8.7% 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 (68% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Share price has been volatile over the past 3 months (8.7% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to CN¥75.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Consumer Durables industry in China. Total returns to shareholders of 322% over the past three years. Announcement • Apr 01
Zhejiang Cayi Vacuum Container Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Zhejiang Cayi Vacuum Container Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 30.00000000 for the year 2024. Announcement • Mar 31
Zhejiang Cayi Vacuum Container Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Mar 31
Full year 2024 earnings: EPS in line with analyst expectations despite revenue beat Full year 2024 results: EPS: CN¥7.20 (up from CN¥4.71 in FY 2023). Revenue: CN¥2.84b (up 60% from FY 2023). Net income: CN¥732.9m (up 55% from FY 2023). Profit margin: 26% (in line with FY 2023). Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 31
Zhejiang Cayi Vacuum Container Co., Ltd., Annual General Meeting, Apr 23, 2025 Zhejiang Cayi Vacuum Container Co., Ltd., Annual General Meeting, Apr 23, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jinhua, Zhejiang China Announcement • Dec 31
Zhejiang Cayi Vacuum Container Co., Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥2.10 (vs CN¥1.51 in 3Q 2023) Third quarter 2024 results: EPS: CN¥2.10 (up from CN¥1.51 in 3Q 2023). Revenue: CN¥821.3m (up 43% from 3Q 2023). Net income: CN¥213.7m (up 42% from 3Q 2023). Profit margin: 26% (in line with 3Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥114, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Consumer Durables industry in China. Total returns to shareholders of 539% over the past three years. New Risk • Sep 30
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 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Announcement • Sep 30
Zhejiang Cayi Vacuum Container Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥105, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Consumer Durables industry in China. Total returns to shareholders of 499% over the past three years. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: CN¥2.07 (vs CN¥1.10 in 2Q 2023) Second quarter 2024 results: EPS: CN¥2.07 (up from CN¥1.10 in 2Q 2023). Revenue: CN¥731.8m (up 78% from 2Q 2023). Net income: CN¥209.8m (up 91% from 2Q 2023). Profit margin: 29% (up from 27% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. New Risk • Jul 30
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 7.2% 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. 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. Share price has been volatile over the past 3 months (7.2% average weekly change). Major Estimate Revision • Jul 26
Consensus EPS estimates increase by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from CN¥2.31b to CN¥2.51b. EPS estimate increased from CN¥5.86 to CN¥6.75 per share. Net income forecast to grow 40% next year vs 20% growth forecast for Consumer Durables industry in China. Consensus price target up from CN¥87.00 to CN¥96.00. Share price fell 2.9% to CN¥77.92 over the past week. Announcement • Jun 29
Zhejiang Cayi Vacuum Container Co., Ltd. to Report First Half, 2024 Results on Aug 16, 2024 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report first half, 2024 results on Aug 16, 2024 Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥93.82, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Consumer Durables industry in China. Total returns to shareholders of 209% over the past year. Price Target Changed • May 03
Price target increased by 10% to CN¥87.00 Up from CN¥79.00, the current price target is provided by 1 analyst. New target price is 12% above last closing price of CN¥77.75. Stock is up 180% over the past year. The company is forecast to post earnings per share of CN¥5.86 for next year compared to CN¥4.71 last year. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥1.06 (vs CN¥0.53 in 1Q 2023) First quarter 2024 results: EPS: CN¥1.06 (up from CN¥0.53 in 1Q 2023). Revenue: CN¥432.1m (up 78% from 1Q 2023). Net income: CN¥107.5m (up 102% from 1Q 2023). Profit margin: 25% (up from 22% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Consumer Durables industry in China. Reported Earnings • Mar 12
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: CN¥4.70 (up from CN¥2.72 in FY 2022). Revenue: CN¥1.78b (up 41% from FY 2022). Net income: CN¥472.0m (up 74% from FY 2022). Profit margin: 27% (up from 22% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.6%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Consumer Durables industry in China. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥60.67, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Consumer Durables industry in China. Total returns to shareholders of 81% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥109 per share. Announcement • Dec 30
Zhejiang Cayi Vacuum Container Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Announcement • Dec 22
Zhejiang Cayi Vacuum Container Co., Ltd. Approves Management Appointments Zhejiang Cayi Vacuum Container Co., Ltd. at its Extraordinary General Meeting of 2023 held on 20 December 2023, approved election and nomination of Hu Linghui and Ma Jing as non-independent directors; election and nomination of Kong Xiangjie, Fu Jun and Zhang Xin as independent directors and election and nomination of Zeng Tao and Fu Guojun as non-employee supervisors. New Risk • Nov 02
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 6.3% 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 (45% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥1.51 (vs CN¥0.83 in 3Q 2022) Third quarter 2023 results: EPS: CN¥1.51 (up from CN¥0.83 in 3Q 2022). Revenue: CN¥575.2m (up 52% from 3Q 2022). Net income: CN¥150.8m (up 86% from 3Q 2022). Profit margin: 26% (up from 21% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: CN¥1.10 (vs CN¥0.53 in 2Q 2022) Second quarter 2023 results: EPS: CN¥1.10 (up from CN¥0.53 in 2Q 2022). Revenue: CN¥410.8m (up 50% from 2Q 2022). Net income: CN¥109.9m (up 106% from 2Q 2022). Profit margin: 27% (up from 20% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Announcement • Jul 01
Zhejiang Cayi Vacuum Container Co., Ltd. to Report First Half, 2023 Results on Aug 16, 2023 Zhejiang Cayi Vacuum Container Co., Ltd. announced that they will report first half, 2023 results on Aug 16, 2023 Announcement • Jun 02
Zhejiang Cayi Vacuum Container Co., Ltd. Announces Cash Dividend on A Shares for 2022, Payable on 08 June 2023 Zhejiang Cayi Vacuum Container Co., Ltd. announced Cash dividend/10 shares (tax included) of CNY 10.00000000 on A shares for 2022. Record date is 07 June 2023. Ex-date is 08 June 2023. Payment date is 08 June 2023. Announcement • Jun 01
Zhejiang Cayi Vacuum Container Co., Ltd. Approves 2022 Profit Distribution Plan Zhejiang Cayi Vacuum Container Co., Ltd. at it's AGM held on 26 May 2023 approved 2022 profit distribution plan, The detailed profit distribution plan are as follows: Cash dividend/10 shares (tax included): CNY 10.00000000. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥32.09, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Consumer Durables industry in China. Total returns to shareholders of 49% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥57.44 per share. Buying Opportunity • Apr 26
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be CN¥39.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 91% over the last year. Earnings per share has grown by 165%. Revenue is forecast to grow by 18% in a year. Earnings is forecast to decline by 1.0% in the next year. Buying Opportunity • Apr 26
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be CN¥39.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 91% over the last year. Earnings per share has grown by 165%. Revenue is forecast to grow by 18% in a year. Earnings is forecast to decline by 1.0% in the next year. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.53 (vs CN¥0.33 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.53 (up from CN¥0.33 in 1Q 2022). Revenue: CN¥242.5m (up 33% from 1Q 2022). Net income: CN¥53.1m (up 61% from 1Q 2022). Profit margin: 22% (up from 18% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Durables industry in China. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.83 (vs CN¥0.29 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.83 (up from CN¥0.29 in 3Q 2021). Revenue: CN¥378.9m (up 116% from 3Q 2021). Net income: CN¥81.1m (up 184% from 3Q 2021). Profit margin: 21% (up from 16% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥31.44, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Consumer Durables industry in China. Total returns to shareholders of 70% over the past year. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.53 (vs CN¥0.28 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.53 (up from CN¥0.28 in 2Q 2021). Revenue: CN¥274.3m (up 97% from 2Q 2021). Net income: CN¥53.4m (up 154% from 2Q 2021). Profit margin: 20% (up from 15% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 34%, compared to a 14% growth forecast for the Consumer Durables industry in China. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥26.96, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 29x in the Consumer Durables industry in China. Total returns to shareholders of 24% over the past year. Announcement • May 27
Zhejiang Cayi Vacuum Container Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 1, 2022 Zhejiang Cayi Vacuum Container Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares), Payable on June 1, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 3.00000000. The record date is May 31, 2022 and ex-date is June 1, 2022. Announcement • May 19
Zhejiang Cayi Vacuum Container Co., Ltd. Approves Cash Dividend for the Year 2021 Zhejiang Cayi Vacuum Container Co., Ltd. approved a cash dividend of CNY 3 per ten shares (tax included) for the year 2021, at its AGM held on 16 May 2022. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥22.86, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 25x in the Consumer Durables industry in China. Announcement • Apr 27
Zhejiang Cayi Vacuum Container Co., Ltd. Proposes Final Dividend for the Year 2021 Zhejiang Cayi Vacuum Container Co., Ltd. proposed a final dividend (tax included) of CNY 3 per ten shares for the year 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.16 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.16 in 1Q 2021). Revenue: CN¥183.0m (up 131% from 1Q 2021). Net income: CN¥33.0m (up 178% from 1Q 2021). Profit margin: 18% (up from 15% in 1Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Apr 08
Full year 2021 earnings released: EPS: CN¥0.94 (vs CN¥0.86 in FY 2020) Full year 2021 results: EPS: CN¥0.94 (up from CN¥0.86 in FY 2020). Revenue: CN¥585.6m (up 65% from FY 2020). Net income: CN¥82.2m (up 27% from FY 2020). Profit margin: 14% (down from 18% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥27.46, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 27x in the Consumer Durables industry in China. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥22.77, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 27x in the Consumer Durables industry in China.