Reported Earnings • Apr 23
First quarter 2026 earnings released: EPS: CN¥0.11 (vs CN¥0.13 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.11 (down from CN¥0.13 in 1Q 2025). Revenue: CN¥3.91b (down 18% from 1Q 2025). Net income: CN¥82.0m (down 17% from 1Q 2025). Profit margin: 2.1% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Apr 23
Changchun FAWAY Group Automobile Components Co., Ltd., Annual General Meeting, May 13, 2026 Changchun FAWAY Group Automobile Components Co., Ltd., Annual General Meeting, May 13, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China Announcement • Mar 30
Changchun FAWAY Group Automobile Components Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Changchun FAWAY Group Automobile Components Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Declared Dividend • Jan 18
Dividend of CN¥0.14 announced Shareholders will receive a dividend of CN¥0.14. Ex-date: 23rd January 2026 Payment date: 23rd January 2026 Dividend yield will be 6.9%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not adequately covered by earnings (100% earnings payout ratio). However, it is well covered by cash flows (42% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. However, EPS has declined by 5.4% over the last 5 years so the company would need to reverse this trend. Announcement • Dec 26
Changchun FAWAY Group Automobile Components Co., Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Changchun FAWAY Group Automobile Components Co., Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.19 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.17 (down from CN¥0.19 in 3Q 2024). Revenue: CN¥4.97b (up 3.0% from 3Q 2024). Net income: CN¥127.2m (down 7.9% from 3Q 2024). Profit margin: 2.6% (down from 2.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Oct 07
Upcoming dividend of CN¥0.28 per share Eligible shareholders must have bought the stock before 14 October 2025. Payment date: 14 October 2025. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 5.5%. Within top quartile of Chinese dividend payers (1.9%). Higher than average of industry peers (1.4%). Announcement • Sep 30
Changchun FAWAY Group Automobile Components Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Changchun FAWAY Group Automobile Components Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Sep 01
Second quarter 2025 earnings released: EPS: CN¥0.22 (vs CN¥0.23 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.22 (down from CN¥0.23 in 2Q 2024). Revenue: CN¥4.54b (down 5.7% from 2Q 2024). Net income: CN¥166.2m (down 1.5% from 2Q 2024). Profit margin: 3.7% (up from 3.5% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Jun 30
Changchun FAWAY Group Automobile Components Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Changchun FAWAY Group Automobile Components Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Declared Dividend • Jun 23
Dividend of CN¥0.25 announced Shareholders will receive a dividend of CN¥0.25. Ex-date: 27th June 2025 Payment date: 27th June 2025 Dividend yield will be 3.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 29
Changchun FAWAY Automobile Components Co.,Ltd, Annual General Meeting, May 20, 2025 Changchun FAWAY Automobile Components Co.,Ltd, Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: CN¥0.69 (vs CN¥0.70 in FY 2023) Full year 2024 results: EPS: CN¥0.69 (down from CN¥0.70 in FY 2023). Revenue: CN¥19.6b (down 5.4% from FY 2023). Net income: CN¥508.7m (down 2.3% from FY 2023). Profit margin: 2.6% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Mar 28
Changchun FAWAY Automobile Components Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 Changchun FAWAY Automobile Components Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
Changchun FAWAY Automobile Components Co.,Ltd to Report Fiscal Year 2024 Results on Apr 26, 2025 Changchun FAWAY Automobile Components Co.,Ltd announced that they will report fiscal year 2024 results on Apr 26, 2025 New Risk • Nov 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.25 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.19 (down from CN¥0.25 in 3Q 2023). Revenue: CN¥4.83b (down 17% from 3Q 2023). Net income: CN¥138.1m (down 25% from 3Q 2023). Profit margin: 2.9% (down from 3.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year. Announcement • Oct 22
China FAW Group Co., Ltd. agreed to acquire 6.44% stake in First Automobile Finance Co., Ltd. from Changchun FAWAY Automobile Components Co.,Ltd (SHSE:600742). China FAW Group Co., Ltd. agreed to acquire 6.44% stake in First Automobile Finance Co., Ltd. from Changchun FAWAY Automobile Components Co.,Ltd (SHSE:600742) on October 21, 2024.
As of May 31, 2024, First Automobile Finance Co., Ltd. reported total assets of CNY 53 billion and total common equity of CNY 7.5 billion. Huachuang Securities Co.,Ltd acted as financial advisor and Beijing Guantao Law Firm acted as legal advisor to Changchun FAWAY Automobile Components Co.,Ltd. Announcement • Sep 30
Changchun FAWAY Automobile Components Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Changchun FAWAY Automobile Components Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 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¥8.97, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 26x in the Auto Components industry in China. Total returns to shareholders of 9.1% over the past three years. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.24 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.23 (down from CN¥0.24 in 2Q 2023). Revenue: CN¥4.81b (down 5.7% from 2Q 2023). Net income: CN¥168.8m (down 6.9% from 2Q 2023). Profit margin: 3.5% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
Changchun FAWAY Automobile Components Co.,Ltd to Report First Half, 2024 Results on Aug 30, 2024 Changchun FAWAY Automobile Components Co.,Ltd announced that they will report first half, 2024 results on Aug 30, 2024 Declared Dividend • Jun 17
Dividend of CN¥0.25 announced Shareholders will receive a dividend of CN¥0.25. Ex-date: 20th June 2024 Payment date: 20th June 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Announcement • Mar 29
Changchun FAWAY Automobile Components Co.,Ltd to Report Q1, 2024 Results on Apr 23, 2024 Changchun FAWAY Automobile Components Co.,Ltd announced that they will report Q1, 2024 results on Apr 23, 2024 Announcement • Mar 28
Changchun FAWAY Automobile Components Co.,Ltd, Annual General Meeting, Apr 22, 2024 Changchun FAWAY Automobile Components Co.,Ltd, Annual General Meeting, Apr 22, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changchun, Jilin China Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥0.70 (vs CN¥0.78 in FY 2022) Full year 2023 results: EPS: CN¥0.70 (down from CN¥0.78 in FY 2022). Revenue: CN¥20.8b (up 4.0% from FY 2022). Net income: CN¥520.5m (down 4.3% from FY 2022). Profit margin: 2.5% (down from 2.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥9.67, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 32x in the Auto Components industry in China. Total returns to shareholders of 2.9% over the past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥6.78, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 26x in the Auto Components industry in China. Total loss to shareholders of 14% over the past three years. Announcement • Dec 29
Changchun FAWAY Automobile Components Co.,Ltd to Report Fiscal Year 2023 Results on Mar 28, 2024 Changchun FAWAY Automobile Components Co.,Ltd announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Nov 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 6.0% 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: 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 (6.0% average weekly change). Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥12.08, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 38x in the Auto Components industry in China. Total returns to shareholders of 19% over the past three years. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.33 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.33 in 3Q 2022). Revenue: CN¥5.84b (flat on 3Q 2022). Net income: CN¥183.0m (down 18% from 3Q 2022). Profit margin: 3.1% (down from 3.8% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year. Announcement • Sep 30
Changchun FAWAY Automobile Components Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023 Changchun FAWAY Automobile Components Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.18 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.24 (up from CN¥0.18 in 2Q 2022). Revenue: CN¥5.11b (up 9.4% from 2Q 2022). Net income: CN¥181.4m (up 45% from 2Q 2022). Profit margin: 3.6% (up from 2.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year. Announcement • Jun 28
Changchun FAWAY Automobile Components Co.,Ltd to Report First Half, 2023 Results on Aug 26, 2023 Changchun FAWAY Automobile Components Co.,Ltd announced that they will report first half, 2023 results on Aug 26, 2023 Reported Earnings • Apr 26
Full year 2022 earnings released: EPS: CN¥0.78 (vs CN¥0.98 in FY 2021) Full year 2022 results: EPS: CN¥0.78 (down from CN¥0.98 in FY 2021). Revenue: CN¥20.0b (down 2.8% from FY 2021). Net income: CN¥544.0m (down 17% from FY 2021). Profit margin: 2.7% (down from 3.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Shou Dong Chen was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Oct 26
Changchun FAWAY Automobile Components Co.,Ltd (SHSE:600742) agreed to acquire additional 5% stake in Jilin Xinhui Auto Parts Technology Co., Ltd. from Changchun FAW Sihuan Group Ltd. Changchun FAWAY Automobile Components Co.,Ltd (SHSE:600742) agreed to acquire additional 5% stake in Jilin Xinhui Auto Parts Technology Co., Ltd. from Changchun FAW Sihuan Group Ltd. on October 24, 2022. Post acquisition, Changchun FAWAY Automobile Components Co.,Ltd will hold 25% stake in Jilin Xinhui Auto Parts Technology Co., Ltd. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.23 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.23 in 3Q 2021). Revenue: CN¥5.80b (up 34% from 3Q 2021). Net income: CN¥222.6m (up 42% from 3Q 2021). Profit margin: 3.8% (up from 3.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.27 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.18 (down from CN¥0.27 in 2Q 2021). Revenue: CN¥4.67b (down 7.0% from 2Q 2021). Net income: CN¥125.5m (down 31% from 2Q 2021). Profit margin: 2.7% (down from 3.6% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.27 in 1Q 2021). Revenue: CN¥4.27b (down 14% from 1Q 2021). Net income: CN¥75.4m (down 58% from 1Q 2021). Profit margin: 1.8% (down from 3.6% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 9.0%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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 Li Rong Sun 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. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorated over the past week After last week's 22% share price decline to CN¥13.41, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 44x in the Auto Components industry in China. Total returns to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥15.01, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 43x in the Auto Components industry in China. Total returns to shareholders of 98% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥11.54, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 35x in the Auto Components industry in China. Total returns to shareholders of 77% over the past three years. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.28 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: CN¥4.32b (down 22% from 3Q 2020). Net income: CN¥156.9m (down 18% from 3Q 2020). Profit margin: 3.6% (up from 3.4% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.40 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥5.02b (down 5.3% from 2Q 2020). Net income: CN¥181.3m (down 32% from 2Q 2020). Profit margin: 3.6% (down from 5.0% in 2Q 2020). The decrease in margin was driven by lower 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 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.071 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥4.99b (up 81% from 1Q 2020). Net income: CN¥181.1m (up CN¥228.4m from 1Q 2020). Profit margin: 3.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 23
Full year 2020 earnings released: EPS CN¥0.93 (vs CN¥0.81 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥19.5b (up 9.8% from FY 2019). Net income: CN¥617.3m (up 15% from FY 2019). Profit margin: 3.2% (up from 3.0% 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 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jan 26
Changchun FAWAY Automobile Components Co.,Ltd to Report Fiscal Year 2021 Results on Mar 23, 2021 Changchun FAWAY Automobile Components Co.,Ltd announced that they will report fiscal year 2021 results on Mar 23, 2021 Is New 90 Day High Low • Jan 25
New 90-day low: CN¥9.05 The company is down 21% from its price of CN¥11.39 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥9.37 The company is down 11% from its price of CN¥10.53 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 Auto Components industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥10.14 The company is down 3.0% from its price of CN¥10.45 on 11 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 Auto Components industry, which is up 4.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥587.0m, up 27% from the prior year. Total revenue was CN¥21.7b over the last 12 months, up 62% from the prior year. Announcement • Oct 29
Changchun FAWAY Automobile Components Co.,Ltd to Report Q3, 2020 Results on Oct 31, 2020 Changchun FAWAY Automobile Components Co.,Ltd announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 29
New 90-day high: CN¥12.02 The company is up 32% from its price of CN¥9.14 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 11% over the same period.