New Risk • Jul 13
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 9.2% 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 111% Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥34.92, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 57x in the Electrical industry in China. Total returns to shareholders of 23% over the past three years. Announcement • Jun 30
Jiangnan Yifan Motor Co.,Ltd to Report First Half, 2026 Results on Aug 22, 2026 Jiangnan Yifan Motor Co.,Ltd announced that they will report first half, 2026 results on Aug 22, 2026 Declared Dividend • Jun 01
Dividend reduced to CN¥0.20 Dividend of CN¥0.20 is 44% lower than last year. Ex-date: 5th June 2026 Payment date: 5th June 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio) nor is it covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 36% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. However, EPS has declined by 6.5% over the last 5 years so the company would need to reverse this trend. Announcement • May 30
Jiangnan Yifan Motor Co.,Ltd Announces Final Cash Dividend on A Shares for the Year 2025, Payable on 05 June 2026 Jiangnan Yifan Motor Co.,Ltd announced final cash dividend of CNY 2.00 per 10 shares (tax included) on A shares for the year 2025. Record date: 04 June 2026, Ex-date: 05 June 2026 and Payment date: 05 June 2026. Valuation Update With 7 Day Price Move • May 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥41.17, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 64x in the Electrical industry in China. Total returns to shareholders of 52% over the past three years. Reported Earnings • Apr 25
First quarter 2026 earnings released: EPS: CN¥0.17 (vs CN¥0.22 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.17 (down from CN¥0.22 in 1Q 2025). Revenue: CN¥60.9m (up 10% from 1Q 2025). Net income: CN¥13.1m (down 22% from 1Q 2025). Profit margin: 22% (down from 31% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year. Announcement • Apr 25
Jiangnan Yifan Motor Co.,Ltd, Annual General Meeting, May 18, 2026 Jiangnan Yifan Motor Co.,Ltd, Annual General Meeting, May 18, 2026, at 15:00 China Standard Time. Location: No. 7, Yanyu Road, Yanqiao Supporting Area, Huishan Economic Development Zone, Wuxi, Jiangsu China Buy Or Sell Opportunity • Apr 08
Now 21% overvalued Over the last 90 days, the stock has fallen 4.0% to CN¥40.13. The fair value is estimated to be CN¥33.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 9.4%. Announcement • Mar 31
Jiangnan Yifan Motor Co.,Ltd to Report Q1, 2026 Results on Apr 25, 2026 Jiangnan Yifan Motor Co.,Ltd announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Jan 21
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 8.1% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 109% Cash payout ratio: 178% Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥55.92, the stock trades at a trailing P/E ratio of 53.8x. Average trailing P/E is 59x in the Electrical industry in China. Total returns to shareholders of 83% over the past three years. Announcement • Dec 31
Jiangnan Yifan Motor Co.,Ltd to Report Fiscal Year 2025 Results on Apr 25, 2026 Jiangnan Yifan Motor Co.,Ltd announced that they will report fiscal year 2025 results on Apr 25, 2026 Buy Or Sell Opportunity • Dec 22
Now 27% overvalued Over the last 90 days, the stock has fallen 3.6% to CN¥41.24. The fair value is estimated to be CN¥32.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 9.4%. Declared Dividend • Nov 24
Dividend of CN¥0.40 announced Shareholders will receive a dividend of CN¥0.40. Ex-date: 26th November 2025 Payment date: 26th November 2025 Dividend yield will be 3.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (147% cash payout ratio). The dividend has increased by an average of 54% per year over the past 4 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 22% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.1% EPS decline seen over the last 5 years. Announcement • Nov 15
Jiangnan Yifan Motor Co.,Ltd Approves Third Quarter Profit Distribution Plan for the Year 2025 Jiangnan Yifan Motor Co.,Ltd at its EGM held on 13 November 2025, approved 2025 Third quarter profit distribution plan
Cash dividend/10 shares (tax included): CNY 4.00000000. Announcement • Oct 29
Jiangnan Yifan Motor Co.,Ltd Proposes Cash Dividend (Tax Included) for the Third Quarter 2025 Jiangnan Yifan Motor Co.,Ltd at the EGM to be held on 13 November 2025, proposed cash dividend (tax included) for the third quarter 2025 of CNY 4.00000000 per 10 shares. Announcement • Sep 30
Jiangnan Yifan Motor Co.,Ltd to Report Q3, 2025 Results on Oct 28, 2025 Jiangnan Yifan Motor Co.,Ltd announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Sep 09
Jiangnan Yifan Motor Co.,Ltd Approves Interim Cash Dividend for 2025 Jiangnan Yifan Motor Co.,Ltd, at its EGM held on 08 September 2025 approved interim cash dividend of CNY 3.00 per 10 shares (tax included) for the year 2025. Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.39 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.26 (down from CN¥0.39 in 2Q 2024). Revenue: CN¥74.0m (down 7.8% from 2Q 2024). Net income: CN¥20.6m (down 31% from 2Q 2024). Profit margin: 28% (down from 37% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year. Announcement • Aug 26
Jiangnan Yifan Motor Co.,Ltd Proposes Interim Cash Dividend for the Year 2025 Jiangnan Yifan Motor Co.,Ltd at its EGM to be held on 08 September 2025 proposed interim cash dividend of CNY 3.00 per 10 shares for the year 2025. Announcement • Jul 02
Jiangnan Yifan Motor Co.,Ltd to Report First Half, 2025 Results on Aug 23, 2025 Jiangnan Yifan Motor Co.,Ltd announced that they will report first half, 2025 results on Aug 23, 2025 Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to CN¥47.36, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 41x in the Electrical industry in China. Total returns to shareholders of 28% over the past three years. Declared Dividend • May 21
Dividend of CN¥0.60 announced Shareholders will receive a dividend of CN¥0.60. Ex-date: 23rd May 2025 Payment date: 23rd May 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 36% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share has grown by 3.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Apr 20
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 27% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Dividend is not well covered by cash flows (188% cash payout ratio). Reported Earnings • Apr 19
First quarter 2025 earnings released: EPS: CN¥0.31 (vs CN¥0.24 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.31 (up from CN¥0.24 in 1Q 2024). Revenue: CN¥55.3m (up 36% from 1Q 2024). Net income: CN¥16.9m (up 28% from 1Q 2024). Profit margin: 31% (down from 32% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Apr 19
Jiangnan Yifan Motor Co.,Ltd Proposes Final Dividend for 2024 Jiangnan Yifan Motor Co.,Ltd proposed final cash dividend of CNY 6.00000000 per 10 shares (tax included) for 2024. Announcement • Apr 18
Jiangnan Yifan Motor Co.,Ltd, Annual General Meeting, May 09, 2025 Jiangnan Yifan Motor Co.,Ltd, Annual General Meeting, May 09, 2025, at 15:00 China Standard Time. Location: No. 7, Yanyu Road, Yanqiao Supporting Area, Huishan Economic Development Zone, Wuxi, Jiangsu China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥51.88, the stock trades at a trailing P/E ratio of 35.1x. Average trailing P/E is 40x in the Electrical industry in China. Total returns to shareholders of 41% over the past three years. New Risk • Apr 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10.0% average weekly change). Earnings have declined by 2.3% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risk Dividend is not well covered by cash flows (308% cash payout ratio). Announcement • Mar 31
Jiangnan Yifan Motor Co.,Ltd to Report Q1, 2025 Results on Apr 18, 2025 Jiangnan Yifan Motor Co.,Ltd announced that they will report Q1, 2025 results on Apr 18, 2025 Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥75.95, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 41x in the Electrical industry in China. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥61.73, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 39x in the Electrical industry in China. Total returns to shareholders of 45% over the past three years. Announcement • Dec 31
Jiangnan Yifan Motor Co.,Ltd to Report Fiscal Year 2024 Results on Apr 18, 2025 Jiangnan Yifan Motor Co.,Ltd announced that they will report fiscal year 2024 results on Apr 18, 2025 Announcement • Nov 15
Jiangnan Yifan Motor Co.,Ltd Approves Profit Distribution Proposal for the Third Quarter of 2024 Jiangnan Yifan Motor Co.,Ltd in its Extraordinary General Meeting of 2024 held on 13 November 2024 approved Profit Distribution Proposal for the Third Quarter of 2024 as Cash dividend/10 shares (tax included) of CNY 5.00000000. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥55.50, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 37x in the Electrical industry in China. Total returns to shareholders of 12% over the past three years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.53 (vs CN¥0.20 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.53 (up from CN¥0.20 in 3Q 2023). Revenue: CN¥81.4m (up 89% from 3Q 2023). Net income: CN¥29.0m (up 160% from 3Q 2023). Profit margin: 36% (up from 26% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% 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 • Oct 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥47.68, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 33x in the Electrical industry in China. Total returns to shareholders of 1.6% over the past three years. Announcement • Sep 30
Jiangnan Yifan Motor Co.,Ltd to Report Q3, 2024 Results on Oct 26, 2024 Jiangnan Yifan Motor Co.,Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥42.07, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 8.1% over the past three years. Declared Dividend • Sep 15
First half dividend increased to CN¥0.40 Dividend of CN¥0.40 is 74% higher than last year. Ex-date: 23rd September 2024 Payment date: 23rd September 2024 Dividend yield will be 3.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not covered by cash flows (443% cash payout ratio). The dividend has increased by an average of 52% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 32% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.2% EPS decline seen over the last 5 years. Announcement • Sep 11
Jiangnan Yifan Motor Co.,Ltd Approves Cash Dividend for 2024 Jiangnan Yifan Motor Co.,Ltd held its 3rd Extraordinary General Meeting of 2024 on 09 September 2024, approved interim Cash dividend/10 shares (tax included): CNY4.00000000 for year 2024. New Risk • Aug 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 4.6% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (443% cash payout ratio). Announcement • Aug 24
Jiangnan Yifan Motor Co.,Ltd Proposes Interim Dividend for the First Half of 2024 Jiangnan Yifan Motor Co.,Ltd proposed interim dividend of CNY 4.00 per 10 shares for the first half of 2024. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.54 (vs CN¥0.23 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.54 (up from CN¥0.23 in 2Q 2023). Revenue: CN¥80.3m (up 72% from 2Q 2023). Net income: CN¥29.9m (up 132% from 2Q 2023). Profit margin: 37% (up from 28% in 2Q 2023). The increase in margin was driven by higher revenue. 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 14% per year. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥36.23, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 25% over the past three years. Announcement • Jun 29
Jiangnan Yifan Motor Co.,Ltd to Report First Half, 2024 Results on Aug 23, 2024 Jiangnan Yifan Motor Co.,Ltd announced that they will report first half, 2024 results on Aug 23, 2024 Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥27.60, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 31x in the Electrical industry in China. Total loss to shareholders of 27% over the past year. Declared Dividend • May 27
Dividend of CN¥0.70 announced Shareholders will receive a dividend of CN¥0.70. Ex-date: 28th May 2024 Payment date: 28th May 2024 Dividend yield will be 3.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is not covered by earnings (111% earnings payout ratio) nor is it covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 52% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 23% to bring the payout ratio under control. However, EPS has declined by 7.8% over the last 5 years so the company would need to reverse this trend. New Risk • May 12
New major risk - Revenue and earnings growth Earnings have declined by 5.0% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 111% Dividend per share is over 5x cash flows per share. Earnings have declined by 5.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (26% net profit margin). New Risk • May 02
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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Dividend per share is over 5x cash flows per share. Earnings have declined by 5.0% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (26% net profit margin). Reported Earnings • Apr 22
First quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.26 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.24 (down from CN¥0.26 in 1Q 2023). Revenue: CN¥40.6m (up 5.3% from 1Q 2023). Net income: CN¥13.2m (down 8.3% from 1Q 2023). Profit margin: 32% (down from 37% in 1Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥26.61, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 34% over the past year. Announcement • Mar 30
Jiangnan Yifan Motor Co.,Ltd to Report Q1, 2024 Results on Apr 22, 2024 Jiangnan Yifan Motor Co.,Ltd announced that they will report Q1, 2024 results on Apr 22, 2024 Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥33.60, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 30x in the Electrical industry in China. Total loss to shareholders of 18% over the past year. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥29.19, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 27x in the Electrical industry in China. Total loss to shareholders of 33% over the past year. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 32% After last week's 32% share price decline to CN¥22.07, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 26x in the Electrical industry in China. Total loss to shareholders of 51% over the past year. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥33.20, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 32x in the Electrical industry in China. Total loss to shareholders of 28% over the past year. Announcement • Dec 29
Jiangnan Yifan Motor Co.,Ltd to Report Fiscal Year 2023 Results on Apr 22, 2024 Jiangnan Yifan Motor Co.,Ltd announced that they will report fiscal year 2023 results on Apr 22, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.20 (vs CN¥0.33 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.20 (down from CN¥0.33 in 3Q 2022). Revenue: CN¥43.1m (down 6.7% from 3Q 2022). Net income: CN¥11.2m (down 39% from 3Q 2022). Profit margin: 26% (down from 39% in 3Q 2022). Announcement • Sep 30
Jiangnan Yifan Motor Co.,Ltd to Report Q3, 2023 Results on Oct 30, 2023 Jiangnan Yifan Motor Co.,Ltd announced that they will report Q3, 2023 results on Oct 30, 2023 Announcement • Sep 07
Jiangnan Yifan Motor Co.,Ltd Approves Interim Dividend for 2023 Jiangnan Yifan Motor Co.,Ltd announced at the EGM held on September 5, 2023, approved interim Cash dividend/10 shares (tax included) of CNY2.30000000 for 2023. Announcement • Aug 20
Jiangnan Yifan Motor Announces Profit Distribution Proposal for the First Half of 2023 Jiangnan Yifan Motor Co.,Ltd announced the profit distribution proposal for the first half of 2023. Cash dividend per 10 shares (tax included): CNY 2.30000000. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.23 (vs CN¥0.47 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.23 (down from CN¥0.47 in 2Q 2022). Revenue: CN¥46.7m (down 11% from 2Q 2022). Net income: CN¥12.9m (down 51% from 2Q 2022). Profit margin: 28% (down from 50% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. New Risk • Jul 05
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 Dividend is not well covered by cash flows (256% cash payout ratio). Share price has been volatile over the past 3 months (7.0% average weekly change). Announcement • Jul 01
Jiangnan Yifan Motor Co.,Ltd to Report First Half, 2023 Results on Aug 18, 2023 Jiangnan Yifan Motor Co.,Ltd announced that they will report first half, 2023 results on Aug 18, 2023 Announcement • May 24
Jiangnan Yifan Motor Co.,Ltd Approves Cash Dividend for 2022 Jiangnan Yifan Motor Co.,Ltd announced that at the Annual General Meeting of 2022 held on 19 May 2023 approved Cash dividend/10 shares (tax included) of CNY 7.00000000 for 2022. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥42.45, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 36x in the Electrical industry in China. Total returns to shareholders of 7.6% over the past year. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.36 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.36 in 1Q 2022). Revenue: CN¥38.6m (down 3.9% from 1Q 2022). Net income: CN¥14.4m (down 29% from 1Q 2022). Profit margin: 37% (down from 51% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Announcement • Jan 07
Jiangnan Yifan Motor Co.,Ltd (SZSE:301023) announces an Equity Buyback for CNY 39 million worth of its shares. Jiangnan Yifan Motor Co.,Ltd (SZSE:301023) announces a share repurchase program. Under the program, the company will repurchase up to CNY 39 million worth of its shares. The shares will be purchased at a price not exceeding CNY 42 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive plan. If the company fails to use the shares for the aforementioned purposes within 36 months from the date of announcement, the unused portion of the repurchased shares shall be cancelled. The program will be funded from company's own funds. The program will be valid for 12 months. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥41.60, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 35x in the Electrical industry in China. Total loss to shareholders of 15% over the past year. Announcement • Dec 03
Jiangnan Yifan Motor Co.,Ltd Elects Liu Songyan and Wang Xiaoyue as Non-Independent Directors; Zhou Hongbing and Gao Ye as Independent Directors; and Jiang Cun and Zhu Yuming as Non-Employee Supervisors Jiangnan Yifan Motor Co.,Ltd elected Liu Songyan and Wang Xiaoyue as non-independent directors; Zhou Hongbing and Gao Ye as independent directors; and Jiang Cun and Zhu Yuming as non-employee supervisors at the Extraordinary General Meeting held on December 1, 2022. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Jianhui Wang was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.30 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.30 in 3Q 2021). Revenue: CN¥46.2m (down 12% from 3Q 2021). Net income: CN¥18.2m (up 20% from 3Q 2021). Profit margin: 39% (up from 29% in 3Q 2021). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment deteriorated over the past week After last week's 20% share price decline to CN¥46.42, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 38x in the Electrical industry in China. Total loss to shareholders of 7.8% over the past year. Announcement • Aug 31
Jiangnan Yifan Motor Co.,Ltd Announces 2022 Interim Cash Dividend, Payable on 5 September 2022 Jiangnan Yifan Motor Co.,Ltd announced 2022 interim cash dividend/10 shares (tax included) of CNY 3.00000000 on A shares. Record date is 2 September 2022. Ex-date is 5 September 2022. Payment date is 5 September 2022. Net cash dividend/10 shares after tax: CNY 2.70000000 (CNY 3.00000000- CNY 0.30000000). Announcement • Aug 27
Jiangnan Yifan Motor Co.,Ltd Approves Cash Dividend for Interim Period of 2022 Jiangnan Yifan Motor Co.,Ltd announced at the EGM held on August 25, 2022 that the company approved Cash dividend/10 shares (tax included) of CNY 3.00000000 for interim period of 2022. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥59.50, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 43x in the Electrical industry in China. Total returns to shareholders of 7.9% over the past year. Announcement • Aug 10
Jiangnan Yifan Motor Co.,Ltd. Proposes Cash Dividend for the First Half of 2022 Jiangnan Yifan Motor Co.,Ltd. proposed Cash dividend/10 shares (tax included) of CNY 3.00000000 for the first half of 2022. Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: CN¥0.47 (vs CN¥0.39 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.47 (up from CN¥0.39 in 2Q 2021). Revenue: CN¥52.2m (down 5.1% from 2Q 2021). Net income: CN¥26.2m (up 58% from 2Q 2021). Profit margin: 50% (up from 30% in 2Q 2021). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥47.71, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 40x in the Electrical industry in China. Total loss to shareholders of 2.2% over the past year. Announcement • May 27
Jiangnan Yifan Motor Co.,Ltd Implements Final Cash Dividend for 2021, Payable on 31 May 2022 Jiangnan Yifan Motor Co.,Ltd implemented final cash dividend per 10 shares (tax included) of CNY 5.00000000 for 2021. Record date is 30 May 2022. Ex-date is 31 May 2022. Payment date is 31 May 2022. Announcement • May 19
Jiangnan Yifan Motor Co.,Ltd. Approves Cash Dividend for the Year 2021 Jiangnan Yifan Motor Co.,Ltd. at its AGM held on May 17, 2022 approved cash dividend/10 shares (tax included): CNY 5.00000000 for the year 2021. Announcement • Apr 27
Jiangnan Yifan Motor Co.,Ltd. Proposes Final Profit Distribution for 2021 Jiangnan Yifan Motor Co.,Ltd. announced on 26 April 2022 the final profit distribution proposal for 2021. Cash dividend/10 shares (tax included): CNY 5.00000000. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.54 (vs CN¥0.49 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.54 (up from CN¥0.49 in 1Q 2021). Revenue: CN¥40.2m (flat on 1Q 2021). Net income: CN¥20.3m (up 48% from 1Q 2021). Profit margin: 51% (up from 34% in 1Q 2021). Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥87.86, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 39x in the Electrical industry in China. 
