Announcement • Jun 30
HuBei NengTer Technology CO.,Ltd to Report First Half, 2026 Results on Aug 25, 2026 HuBei NengTer Technology CO.,Ltd announced that they will report first half, 2026 results on Aug 25, 2026 Reported Earnings • Apr 29
Full year 2025 earnings released: EPS: CN¥0.099 (vs CN¥0.22 loss in FY 2024) Full year 2025 results: EPS: CN¥0.099 (up from CN¥0.22 loss in FY 2024). Revenue: CN¥7.27b (down 41% from FY 2024). Net income: CN¥248.5m (up CN¥836.5m from FY 2024). Profit margin: 3.4% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Announcement • Apr 29
HuBei NengTer Technology CO.,Ltd, Annual General Meeting, May 20, 2026 HuBei NengTer Technology CO.,Ltd, Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: 9F, Building 8, No. 106, Yuanlin North Road, Shashi District, Jingzhou, Hubei China Announcement • Mar 31
HuBei NengTer Technology CO.,Ltd to Report Q1, 2026 Results on Apr 30, 2026 HuBei NengTer Technology CO.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Mar 27
New major risk - Revenue and earnings growth Earnings have declined by 43% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. This is currently the only risk that has been identified for the company. Announcement • Dec 31
HuBei NengTer Technology CO.,Ltd to Report Fiscal Year 2025 Results on Apr 27, 2026 HuBei NengTer Technology CO.,Ltd announced that they will report fiscal year 2025 results on Apr 27, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.045 (vs CN¥0.024 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.045 (up from CN¥0.024 in 3Q 2024). Revenue: CN¥1.90b (down 38% from 3Q 2024). Net income: CN¥113.6m (up 79% from 3Q 2024). Profit margin: 6.0% (up from 2.1% in 3Q 2024). Revenue is expected to decline by 48% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in China are expected to grow by 2.5%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
HuBei NengTer Technology CO.,Ltd to Report Q3, 2025 Results on Oct 28, 2025 HuBei NengTer Technology CO.,Ltd announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: CN¥0.047 (vs CN¥0 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.047 (up from CN¥0 in 2Q 2024). Revenue: CN¥2.35b (down 26% from 2Q 2024). Net income: CN¥123.3m (up CN¥122.2m from 2Q 2024). Profit margin: 5.2% (up from 0% in 2Q 2024). Revenue is expected to decline by 47% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in China are expected to grow by 2.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. Announcement • Jul 02
HuBei NengTer Technology CO.,Ltd to Report First Half, 2025 Results on Aug 26, 2025 HuBei NengTer Technology CO.,Ltd announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Apr 26
HuBei NengTer Technology CO.,Ltd, Annual General Meeting, May 20, 2025 HuBei NengTer Technology CO.,Ltd, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: 9F, Building 8, No. 106, Yuanlin North Road, Shashi District, Jingzhou, Hubei China Announcement • Mar 31
HuBei NengTer Technology CO.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 HuBei NengTer Technology CO.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Mar 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. High level of non-cash earnings (21% accrual ratio). Announcement • Feb 13
HuBei NengTer Technology CO.,Ltd (SZSE:002102) announces an Equity Buyback for CNY 500 million worth of its shares. HuBei NengTer Technology CO.,Ltd (SZSE:002102) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its shares. The shares will be repurchased at a price of CNY 3.90 per share. The shares repurchased will be used for cancellation and the registered capital will be reduced accordingly. The company will use its own funds to repurchase its shares. The program needs to be submitted to the shareholders' meeting for approval. The program will be valid for a period of 12 months from the date of approval of the repurchase plan by the general meeting of shareholders. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥2.86, the stock trades at a trailing P/E ratio of 67.9x. Average trailing P/E is 26x in the Trade Distributors industry in China. Total loss to shareholders of 20% over the past three years. Announcement • Dec 31
HuBei NengTer Technology CO.,Ltd to Report Fiscal Year 2024 Results on Apr 22, 2025 HuBei NengTer Technology CO.,Ltd announced that they will report fiscal year 2024 results on Apr 22, 2025 New Risk • Oct 31
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.0% net profit margin). Reported Earnings • Oct 28
Third quarter 2024 earnings released: EPS: CN¥0.024 (vs CN¥0.011 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.024 (up from CN¥0.011 in 3Q 2023). Revenue: CN¥3.06b (up 18% from 3Q 2023). Net income: CN¥63.4m (up 125% from 3Q 2023). Profit margin: 2.1% (up from 1.1% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year. Announcement • Sep 30
HuBei NengTer Technology CO.,Ltd to Report Q3, 2024 Results on Oct 28, 2024 HuBei NengTer Technology CO.,Ltd announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥2.70, the stock trades at a trailing P/E ratio of 64.1x. Average trailing P/E is 24x in the Trade Distributors industry in China. Total loss to shareholders of 16% over the past three years. New Risk • Sep 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0 (vs CN¥0.082 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0 (down from CN¥0.082 in 2Q 2023). Revenue: CN¥3.19b (up 34% from 2Q 2023). Net income: CN¥1.12m (down 100% from 2Q 2023). Profit margin: 0% (down from 9.1% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year. New Risk • Aug 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 7.5% 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 Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥2.83, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 21x in the Trade Distributors industry in China. Total loss to shareholders of 3.1% over the past three years. Announcement • Jun 29
HuBei NengTer Technology CO.,Ltd to Report First Half, 2024 Results on Aug 27, 2024 HuBei NengTer Technology CO.,Ltd announced that they will report first half, 2024 results on Aug 27, 2024 Reported Earnings • Apr 29
First quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.032 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.021 (down from CN¥0.032 in 1Q 2023). Revenue: CN¥3.04b (up 2.6% from 1Q 2023). Net income: CN¥55.8m (down 35% from 1Q 2023). Profit margin: 1.8% (down from 2.9% in 1Q 2023). 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 9% per year, which means it is significantly lagging earnings growth. Announcement • Apr 20
Guanfu Holding Co., Ltd., Annual General Meeting, May 09, 2024 Guanfu Holding Co., Ltd., Annual General Meeting, May 09, 2024, at 14:30 China Standard Time. Location: 9F, Building 8, No. 106, Yuanlin North Road, Shashi District, Jingzhou, Hubei China Announcement • Mar 30
Guanfu Holding Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Guanfu Holding Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥2.10, the stock trades at a trailing P/E ratio of 49.8x. Average trailing P/E is 20x in the Trade Distributors industry in China. Total returns to shareholders of 35% over the past three years. Announcement • Dec 29
Guanfu Holding Co., Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024 Guanfu Holding Co., Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.011 (vs CN¥0.026 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.011 (down from CN¥0.026 in 3Q 2022). Revenue: CN¥2.59b (down 24% from 3Q 2022). Net income: CN¥28.2m (down 59% from 3Q 2022). Profit margin: 1.1% (down from 2.0% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year. New Risk • Aug 22
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: 1.3% Last year net profit margin: 4.9% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (1.3% net profit margin). Announcement • Jul 01
Guanfu Holding Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Guanfu Holding Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.038 in FY 2021) Full year 2022 results: EPS: CN¥0.17 (up from CN¥0.038 in FY 2021). Revenue: CN¥12.3b (down 9.4% from FY 2021). Net income: CN¥444.5m (up 340% from FY 2021). Profit margin: 3.6% (up from 0.7% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥3.50, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 27x in the Trade Distributors industry in China. Total returns to shareholders of 62% over the past three years. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Ping Mei was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.026 (vs CN¥0.07 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.026 (down from CN¥0.07 in 3Q 2021). Revenue: CN¥3.42b (up 6.2% from 3Q 2021). Net income: CN¥68.3m (down 63% from 3Q 2021). Profit margin: 2.0% (down from 5.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.011 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.18 (up from CN¥0.011 in 2Q 2021). Revenue: CN¥2.82b (down 21% from 2Q 2021). Net income: CN¥479.6m (up CN¥449.6m from 2Q 2021). Profit margin: 17% (up from 0.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Jul 12
Guanfu Holding Co., Ltd. Announces Management Changes Guanfu Holding Co., Ltd. announced that at the 3rd Extraordinary General Meeting held on July 8, 2022 approved the election of Huang Hao, Gou Xurong and Yu Wenjun as non-independent directors, approved election of Mei Ping, Xu Qianquan and Zha Yanyun as independent directors and approved the election of Chen Yong and Li Bo as shareholder supervisors. Reported Earnings • Apr 27
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: CN¥0.044 (up from CN¥0.02 in 1Q 2021). Revenue: CN¥2.81b (down 5.9% from 1Q 2021). Net income: CN¥115.3m (up 117% from 1Q 2021). Profit margin: 4.1% (up from 1.8% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 10.0%. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 19
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.038 (down from CN¥0.048 in FY 2020). Revenue: CN¥13.5b (up 5.4% from FY 2020). Net income: CN¥101.1m (down 20% from FY 2020). Profit margin: 0.7% (down from 1.0% in FY 2020). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 10.0%. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.05 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: CN¥3.22b (flat on 3Q 2020). Net income: CN¥185.6m (up 42% from 3Q 2020). Profit margin: 5.8% (up from 4.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.011 (vs CN¥0.027 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.57b (down 9.2% from 2Q 2020). Net income: CN¥30.0m (down 58% from 2Q 2020). Profit margin: 0.8% (down from 1.8% in 2Q 2020). Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥2.73, the stock trades at a trailing P/E ratio of 75.6x. Average trailing P/E is 27x in the Trade Distributors industry in China. Total returns to shareholders of 48% over the past year. Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥0.048 (vs CN¥0.26 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥12.8b (down 19% from FY 2019). Net income: CN¥125.5m (down 82% from FY 2019). Profit margin: 1.0% (down from 4.3% in FY 2019). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Mar 08
Guanfu Holding Co., Ltd. to Report Fiscal Year 2020 Results on Apr 20, 2021 Guanfu Holding Co., Ltd. announced that they will report fiscal year 2020 results on Apr 20, 2021 Is New 90 Day High Low • Jan 13
New 90-day low: CN¥1.44 The company is down 19% from its price of CN¥1.78 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is down 6.0% over the same period. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥1.70 The company is down 7.0% from its price of CN¥1.82 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is down 1.0% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: CN¥1.76 The company is down 5.0% from its price of CN¥1.85 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is down 12% over the same period. Announcement • Oct 20
Guanfu Holding Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020 Guanfu Holding Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020 Is New 90 Day High Low • Oct 15
New 90-day low: CN¥1.78 The company is down 5.0% from its price of CN¥1.88 on 17 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is down 4.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥1.80 The company is down 2.0% from its price of CN¥1.84 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 2.0% over the same period. Announcement • Aug 02
Guanfu Holding Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Guanfu Holding Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020 Announcement • Jul 31
Liu Feida and Shi Huifang acquired a 6.25% stake in Guanfu Holding Co., Ltd. (SZSE:002102) from Wenzhou (Shanghai) Industrial Co., Ltd. Liu Feida and Shi Huifang acquired a 6.25% stake in Guanfu Holding Co., Ltd. (SZSE:002102) from Wenzhou (Shanghai) Industrial Co., Ltd. on July 22, 2020. Both Liu Feida and Shi Huifang will acquire 82.25 million shares, representing 3.12% stake each in Guanfu. Post the completion of the transaction, Wenzhou will no longer hold equity in Guanfu.
Liu Feida and Shi Huifang completed the acquisition of a 6.25% stake in Guanfu Holding Co., Ltd. (SZSE:002102) from Wenzhou (Shanghai) Industrial Co., Ltd. on July 22, 2020.