Announcement • Jun 30
Tongyu Heavy Industry Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026 Tongyu Heavy Industry Co., Ltd. announced that they will report first half, 2026 results on Aug 22, 2026 Declared Dividend • Jun 17
Dividend of CN¥0.002 announced Shareholders will receive a dividend of CN¥0.002. Ex-date: 22nd June 2026 Payment date: 22nd June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is more than the 33% EPS decline seen over the last 5 years. Announcement • Jun 16
Tongyu Heavy Industry Co., Ltd. Approves Final Cash Dividend on A Shares for the Year 2025, Payable on 22 June 2026 Tongyu Heavy Industry Co., Ltd. announced 2025 final profit distribution plan to be implemented (A shares): cash dividend per 10 shares (tax included) of CNY 0.02000000 for the year 2025. Record date is 18 June 2026; Ex-date is 22 June 2026; Payment date is 22 June 2026. Buy Or Sell Opportunity • Jun 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to CN¥2.58. The fair value is estimated to be CN¥3.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 66%. Reported Earnings • Apr 22
Full year 2025 earnings released: EPS: CN¥0.02 (vs CN¥0.01 in FY 2024) Full year 2025 results: EPS: CN¥0.02 (up from CN¥0.01 in FY 2024). Revenue: CN¥6.59b (up 7.1% from FY 2024). Net income: CN¥65.5m (up 58% from FY 2024). Profit margin: 1.0% (up from 0.7% in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Apr 22
Tongyu Heavy Industry Co., Ltd., Annual General Meeting, May 13, 2026 Tongyu Heavy Industry Co., Ltd., Annual General Meeting, May 13, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Dezhou, Shandong China Announcement • Mar 31
Tongyu Heavy Industry Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Tongyu Heavy Industry Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Mar 19
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 7.8% 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 Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 34% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Announcement • Dec 31
Tongyu Heavy Industry Co., Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026 Tongyu Heavy Industry Co., Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.004 (vs CN¥0.004 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.004 (in line with 3Q 2024). Revenue: CN¥1.79b (up 16% from 3Q 2024). Net income: CN¥23.1m (up 64% from 3Q 2024). Profit margin: 1.3% (up from 0.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Sep 30
Tongyu Heavy Industry Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Tongyu Heavy Industry Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Sep 27
Tongyu Heavy Industry Co., Ltd. Proposes Profit Distribution Plan for 2025 Tongyu Heavy Industry Co., Ltd. in the 4th EGM held on October 13, 2025 proposed the profit distribution plan for 2025. For the period, the company reported Cash dividend/10 shares (tax included): CNY0.06000000. Announcement • Aug 30
Shandong Guohui Capital Co., Ltd. completed the acquisition of 15.50% stake in Tongyu Heavy Industry Co., Ltd. (SZSE:300185) from Zhuhai Port Holding Group Co,Ltd. Shandong Guohui Capital Co., Ltd. agreed to acquire 15.50% stake in Tongyu Heavy Industry Co., Ltd. (SZSE:300185) from Zhuhai Port Holding Group Co,Ltd for CNY 1.3 billion on May 6, 2025. A cash consideration of CNY 1.34 billion valued at CNY 2.22 per share will be paid by Shandong Guohui Capital Co., Ltd. As part of consideration, CNY 1.34 billion is paid towards common equity of Tongyu Heavy Industry Co., Ltd. As of August 14, 2025 Tongyu Heavy Industry Co., Ltd. received the approval from the State Administration for Market Regulation, Decision on No Implementation of Further Review on Business Concentration Anti-monopoly on the transfer of the Tongyu Heavy Industry Co., Ltd. shares.
Recently, The transaction received approval from the Zhuhai State-owned Assets Supervision and Administration Commission, agreeing to allow Zhuhai Port Group to transfer its 604.0327 million shares in Tongyu Heavy Industry Co., Ltd. to Shandong Guohui Capital Co., Ltd. through a non-public agreement at a price of CNY 2.22 per share. The voting rights for the remaining 188.39489 million shares held by Zhuhai Port Group will also be entrusted to Guohui Capital for exercise.
Shandong Guohui Capital Co., Ltd. completed the acquisition of 15.50% stake in Tongyu Heavy Industry Co., Ltd. (SZSE:300185) from Zhuhai Port Holding Group Co,Ltd on August 28, 2025. Announcement • Jul 02
Tongyu Heavy Industry Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Tongyu Heavy Industry Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Declared Dividend • Jun 16
Dividend of CN¥0.005 announced Shareholders will receive a dividend of CN¥0.005. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 0.2%, which is lower than the industry average of 2.0%. Board Change • May 15
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Jiantao Si was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Apr 29
New major risk - Revenue and earnings growth Earnings have declined by 21% 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 12x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 21% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Reported Earnings • Apr 29
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.01 (down from CN¥0.05 in FY 2023). Revenue: CN¥6.15b (up 5.9% from FY 2023). Net income: CN¥41.4m (down 80% from FY 2023). Profit margin: 0.7% (down from 3.5% in FY 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 93%. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Apr 29
Tongyu Heavy Industry Co., Ltd., Annual General Meeting, May 20, 2025 Tongyu Heavy Industry Co., Ltd., Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Announcement • Mar 31
Tongyu Heavy Industry Co., Ltd. to Report Q1, 2025 Results on Apr 21, 2025 Tongyu Heavy Industry Co., Ltd. announced that they will report Q1, 2025 results on Apr 21, 2025 Announcement • Dec 31
Tongyu Heavy Industry Co., Ltd. to Report Fiscal Year 2024 Results on Apr 21, 2025 Tongyu Heavy Industry Co., Ltd. announced that they will report fiscal year 2024 results on Apr 21, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.004 (vs CN¥0.013 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.004 (down from CN¥0.013 in 3Q 2023). Revenue: CN¥1.54b (up 1.0% from 3Q 2023). Net income: CN¥14.1m (down 79% from 3Q 2023). Profit margin: 0.9% (down from 4.4% in 3Q 2023). Revenue is forecast to grow 23% 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 fallen by 35% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Tongyu Heavy Industry Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Tongyu Heavy Industry Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.032 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.007 (down from CN¥0.032 in 2Q 2023). Revenue: CN¥1.34b (down 6.6% from 2Q 2023). Net income: CN¥30.1m (down 69% from 2Q 2023). Profit margin: 2.2% (down from 6.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Tongyu Heavy Industry Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Tongyu Heavy Industry Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • Jun 15
Dividend reduced to CN¥0.025 Dividend of CN¥0.025 is 17% lower than last year. Ex-date: 20th June 2024 Payment date: 20th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 71% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 28
Tongyu Heavy Industry Co., Ltd., Annual General Meeting, May 17, 2024 Tongyu Heavy Industry Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Dezhou, Shandong China Agenda: To consider the 2023 work report of the board of directors; to 2023 work report of the supervisory committee; to 2023 annual report and its summary; to 2023 annual accounts report ; to 2023 profit distribution plan. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.02 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.003 (down from CN¥0.02 in 1Q 2023). Revenue: CN¥1.40b (down 2.1% from 1Q 2023). Net income: CN¥10.5m (down 88% from 1Q 2023). Profit margin: 0.8% (down from 6.0% in 1Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Apr 27
Tongyu Heavy Announces Profit Distribution Proposal for 2023 Tongyu Heavy announced on 26 April 2024 the profit distribution proposal for 2023 as follows: final Cash dividend/10 shares (tax included): CNY 0.25000000. Announcement • Mar 30
Tongyu Heavy Industry Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Tongyu Heavy Industry Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 New Risk • Mar 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥2.33, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Machinery industry in China. Total loss to shareholders of 19% over the past three years. Announcement • Dec 30
Tongyu Heavy Industry Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Tongyu Heavy Industry Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Announcement • Oct 10
Tongyu Heavy Industry Co., Ltd. Announces Board Appointments Tongyu Heavy Industry Co., Ltd. held its 2nd Extraordinary General Meeting of 2023 on 28 September 2023, approved the appointment of Liu Wei and Ma Xiaochuan as non-independent directors. Lu Haibin as independent directors. Zhu Jiangli as non-employee supervisors. Announcement • Sep 30
Tongyu Heavy Industry Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Tongyu Heavy Industry Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Announcement • Jun 07
Tongyu Heavy Industry Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on June 13, 2023 Tongyu Heavy Industry Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 0.30000000 on A shares for the year 2022. Record date is June 12, 2023. Ex-date is May June 13, 2023. Payment date is June 13, 2023. Announcement • May 19
Tongyu Heavy Industry Co., Ltd. Approves the Cash Dividend for the Year 2022 Tongyu Heavy Industry Co., Ltd. approved the cash dividend of CNY 0.30 (tax included) per 10 shares for the year 2022, at the AGM held on May 16, 2023. Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.08 in FY 2021) Full year 2022 results: EPS: CN¥0.06 (down from CN¥0.08 in FY 2021). Revenue: CN¥5.91b (up 2.9% from FY 2021). Net income: CN¥246.0m (down 14% from FY 2021). Profit margin: 4.2% (down from 5.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. Non-Independent Chairman of the Board Xing Kui Si is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.011 (vs CN¥0.016 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.011. Revenue: CN¥1.48b (up 5.0% from 3Q 2021). Net income: CN¥61.2m (up 1.9% from 3Q 2021). Profit margin: 4.1% (down from 4.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 28
Second quarter 2022 earnings released: EPS: CN¥0.027 (vs CN¥0.025 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.027. Revenue: CN¥1.53b (up 9.1% from 2Q 2021). Net income: CN¥58.8m (down 42% from 2Q 2021). Profit margin: 3.8% (down from 7.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Announcement • May 31
Tongyu Heavy Industry Co., Ltd. Announces the Implementation of 2021 Final Profit Distribution Plan, Payable on 07 June 2022 Tongyu Heavy Industry Co., Ltd. announced the implementation of 2021 final profit distribution plan. Cash dividend per 10 A shares (tax included): CNY 0.30000000. Record date is 06 June 2022 with ex-date on 07 June 2022 and payment date is 07 June 2022. Announcement • May 21
Tongyu Heavy Industry Co., Ltd. Approves 2021 Profit Distribution Plan Tongyu Heavy Industry Co., Ltd. at its Annual General Meeting of 2021 on 19 May 2022 approved 2021 profit distribution plan. Cash dividend/10 shares (tax included): CNY 0.30000000. Reported Earnings • May 02
First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2022 results: EPS: CN¥0.01 (down from CN¥0.03 in 1Q 2021). Revenue: CN¥1.35b (down 8.4% from 1Q 2021). Net income: CN¥52.1m (down 48% from 1Q 2021). Profit margin: 3.9% (down from 6.8% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year. Announcement • May 02
Tongyu Heavy Industry Co., Ltd. Proposes Final Cash Dividend for the Year 2021 Tongyu Heavy Industry Co., Ltd. proposed final cash dividend of CNY 0.30000000 per ten shares (tax included) for the year 2021. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. Non-Independent Chairman of the Board Xing Kui Si is the most experienced director on the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥4.07, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 40x in the Machinery industry in China. Total returns to shareholders of 156% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.04 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.41b (down 7.0% from 3Q 2020). Net income: CN¥60.0m (down 58% from 3Q 2020). Profit margin: 4.2% (down from 9.4% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥3.55, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 111% over the past three years. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS CN¥0.021 (vs CN¥0.04 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.40b (up 5.3% from 2Q 2020). Net income: CN¥101.9m (down 16% from 2Q 2020). Profit margin: 7.3% (down from 9.1% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥4.03, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 34x in the Machinery industry in China. Total returns to shareholders of 133% over the past three years. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.03 (vs CN¥0.02 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.47b (up 26% from 1Q 2020). Net income: CN¥100.5m (up 62% from 1Q 2020). Profit margin: 6.8% (up from 5.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 13
Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.07 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.69b (up 41% from FY 2019). Net income: CN¥381.3m (up 62% from FY 2019). Profit margin: 6.7% (up from 5.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 15% per year. Announcement • Feb 24
Tongyu Heavy Industry Co., Ltd. to Report Fiscal Year 2020 Results on Apr 13, 2021 Tongyu Heavy Industry Co., Ltd. announced that they will report fiscal year 2020 results on Apr 13, 2021 Announcement • Feb 20
Tongyu Heavy Industry Co., Ltd. announced that it has received CNY 943.55894 million in funding from Zhuhai Port Holding Group Co., Ltd. On February 18, 2021, Tongyu Heavy Industry Co., Ltd. (SZSE:300185) closed the transaction. The investor's stake has increased from 5% to 20.34%. The company received net proceeds of CNY 929,872,147.07. Is New 90 Day High Low • Feb 02
New 90-day low: CN¥3.14 The company is down 28% from its price of CN¥4.34 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥3.27, the stock is trading at a trailing P/E ratio of 29x, down from the previous P/E ratio of 34.5x. This compares to an average P/E of 34x in the Machinery industry in China. Total returns to shareholders over the past three years are 47%. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥3.31, the stock is trading at a trailing P/E ratio of 29.4x, down from the previous P/E ratio of 35.3x. This compares to an average P/E of 35x in the Machinery industry in China. Total returns to shareholders over the past three years are 48%. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥3.70 The company is down 24% from its price of CN¥4.90 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. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥389.7m, up 67% from the prior year. Total revenue was CN¥5.28b over the last 12 months, up 42% from the prior year. Announcement • Jul 18
Tongyu Heavy Industry Co., Ltd. to Report First Half, 2020 Results on Aug 07, 2020 Tongyu Heavy Industry Co., Ltd. announced that they will report first half, 2020 results on Aug 07, 2020 Announcement • Jun 30
Zhuhai Port Holding Group Co., Ltd. agreed to acquire 2.42% stake in Tongyu Heavy Industry Co., Ltd. (SZSE:300185) from Shandong High-Tech Investment Corp for approximately CNY 190 million. Zhuhai Port Holding Group Co., Ltd. agreed to acquire 2.42% stake in Tongyu Heavy Industry Co., Ltd. (SZSE:300185) from Shandong High-Tech Investment Corp for approximately CNY 190 million on June 29, 2020. Under the terms of transaction Zhuhai Port Holding Group Co., Ltd. will acquire 79.104 million shares for CNY 2.37 per share. Zhuhai Port Group will pay within 5 working days from the date of signing of the transfer agreement 30% deposit of the total price of the share transfer, which is CNY 56.36 million. After the transfer agreement comes into effect, Zhuhai Port Group will pay the remaining 70% of the total share transfer price, which is CNY 131.51 million. The transaction is subject to submitted to the shareholders approval, Shandong Provincial Department of Finance approval and Shenzhen Stock Exchange approval. The transaction has been reviewed and approved by the Luxin Venture Capital Group Co., Ltd., parent of Shandong High-Tech Investment Corp at the 15th meeting of the Tenth Board of Directors on June 29, 2020. Within 5 working days after the the entire transfer price is paid, Shandong Hi-tech Investment Co., Ltd. shall cooperate with Zhuhai Port Group in the registration and settlement procedures for share securities. 
