Announcement • Apr 25
Jiangxi Huangshanghuang Group Food Co., Ltd., Annual General Meeting, May 18, 2026 Jiangxi Huangshanghuang Group Food Co., Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: 3F, No. 66, Hongzhou Avenue, Xiaolan Economic Development Zone, Nanchang County, Jiangxi China Announcement • Mar 31
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Mar 16
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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 43% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (98% payout ratio). Announcement • Dec 31
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report Fiscal Year 2025 Results on Mar 27, 2026 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report fiscal year 2025 results on Mar 27, 2026 Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 2 highly experienced directors. Independent Director Zhuozhen Huang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 22
Third quarter 2025 earnings released: EPS: CN¥0.043 (vs CN¥0.032 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.043 (up from CN¥0.032 in 3Q 2024). Revenue: CN¥394.4m (flat on 3Q 2024). Net income: CN¥24.1m (up 34% from 3Q 2024). Profit margin: 6.1% (up from 4.6% in 3Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year. Announcement • Sep 30
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report Q3, 2025 Results on Oct 21, 2025 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report Q3, 2025 results on Oct 21, 2025 New Risk • Aug 14
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 6.8% 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: Minor Risks Dividend is not well covered by earnings (109% payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. New Risk • Aug 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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: Minor Risks Dividend is not well covered by earnings (109% payout ratio). Large one-off items impacting financial results. Reported Earnings • Aug 09
Second quarter 2025 earnings released: EPS: CN¥0.059 (vs CN¥0.051 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.059 (up from CN¥0.051 in 2Q 2024). Revenue: CN¥538.2m (down 11% from 2Q 2024). Net income: CN¥32.6m (up 16% from 2Q 2024). Profit margin: 6.0% (up from 4.7% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Jul 02
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report First Half, 2025 Results on Aug 08, 2025 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report first half, 2025 results on Aug 08, 2025 Declared Dividend • May 12
Dividend reduced to CN¥0.11 Dividend of CN¥0.11 is 39% lower than last year. Ex-date: 16th May 2025 Payment date: 16th May 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (118% earnings payout ratio). However, it is well covered by cash flows (41% cash payout ratio). The dividend has increased by an average of 7.4% 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 31% to bring the payout ratio under control. EPS is expected to grow by 60% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Apr 15
Jiangxi Huangshanghuang Group Food Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Jiangxi Huangshanghuang Group Food Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 1.10000000 for the year 2024. Announcement • Apr 14
Jiangxi Huangshanghuang Group Food Co., Ltd., Annual General Meeting, May 06, 2025 Jiangxi Huangshanghuang Group Food Co., Ltd., Annual General Meeting, May 06, 2025, at 14:30 China Standard Time. Location: 3F, Comprehensive Building, No. 66, Hongzhou Avenue, Xiaolan Economic Development Zone, Nanchang County, Jiangxi China Reported Earnings • Apr 12
Full year 2024 earnings released: EPS: CN¥0.072 (vs CN¥0.13 in FY 2023) Full year 2024 results: EPS: CN¥0.072 (down from CN¥0.13 in FY 2023). Revenue: CN¥1.74b (down 9.4% from FY 2023). Net income: CN¥40.3m (down 43% from FY 2023). Profit margin: 2.3% (down from 3.7% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Apr 09
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to CN¥9.50. The fair value is estimated to be CN¥7.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Earnings per share has declined by 55%. Announcement • Mar 31
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Buy Or Sell Opportunity • Feb 26
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to CN¥9.79. The fair value is estimated to be CN¥7.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Earnings per share has declined by 55%. New Risk • Jan 21
New major risk - Revenue and earnings growth Earnings have declined by 38% 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: 216% Cash payout ratio: 255% Earnings have declined by 38% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Large one-off items impacting financial results. New Risk • Jan 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 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: 216% Cash payout ratio: 255% Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Large one-off items impacting financial results. Announcement • Dec 31
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2025 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2025 Buy Or Sell Opportunity • Dec 04
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 59% to CN¥10.25. The fair value is estimated to be CN¥8.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.6% over the last 3 years. Earnings per share has declined by 55%. Revenue is forecast to grow by 50% in a year. Earnings are forecast to grow by 251% in the next year. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.032 (vs CN¥0.038 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.032 (down from CN¥0.038 in 3Q 2023). Revenue: CN¥392.0m (down 9.6% from 3Q 2023). Net income: CN¥17.9m (down 2.0% from 3Q 2023). Profit margin: 4.6% (up from 4.2% in 3Q 2023). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has fallen by 55% 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 • Sep 30
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Sep 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 93% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 210% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.051 (vs CN¥0.09 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.051 (down from CN¥0.09 in 2Q 2023). Revenue: CN¥602.8m (down 5.1% from 2Q 2023). Net income: CN¥28.0m (down 40% from 2Q 2023). Profit margin: 4.7% (down from 7.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Food industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.058 (vs CN¥0.071 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.058 (down from CN¥0.071 in 1Q 2023). Revenue: CN¥457.5m (down 11% from 1Q 2023). Net income: CN¥32.6m (down 10% from 1Q 2023). Profit margin: 7.1% (in line with 1Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Food industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Declared Dividend • Apr 29
Dividend of CN¥0.18 announced Shareholders will receive a dividend of CN¥0.18. Ex-date: 6th May 2024 Payment date: 6th May 2024 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio) and 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 12% 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 55% to bring the payout ratio under control. EPS is expected to grow by 98% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. New Risk • Apr 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% 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: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Reported Earnings • Mar 12
Full year 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.06 in FY 2022) Full year 2023 results: EPS: CN¥0.12 (up from CN¥0.06 in FY 2022). Revenue: CN¥1.92b (down 1.7% from FY 2022). Net income: CN¥70.6m (up 129% from FY 2022). Profit margin: 3.7% (up from 1.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Food industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Announcement • Dec 30
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.038 (vs CN¥0.008 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.038 (up from CN¥0.008 in 3Q 2022). Revenue: CN¥433.8m (flat on 3Q 2022). Net income: CN¥18.3m (up 301% from 3Q 2022). Profit margin: 4.2% (up from 1.0% in 3Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Food industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. New Risk • Oct 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Announcement • Sep 20
Jiangxi Huangshanghuang Group Food Co., Ltd. Approves the Election of Zhang Meizhen as Independent Director Jiangxi Huangshanghuang Group Food Co., Ltd. at its EGM held on September 18, 2023, approved the election of Zhang Meizhen as independent directors. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.085 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.09 (up from CN¥0.085 in 2Q 2022). Revenue: CN¥635.3m (flat on 2Q 2022). Net income: CN¥46.3m (up 7.0% from 2Q 2022). Profit margin: 7.3% (up from 6.8% in 2Q 2022). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Food industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance. Announcement • May 10
Jiangxi Huangshanghuang Group Food Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 15, 2023 Jiangxi Huangshanghuang Group Food Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 0.15000000 on A shares for the year 2022. Record date is May 12, 2023. Ex-date is May 15, 2023. Payment date is May 15, 2023. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.071 (vs CN¥0.071 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.071 (in line with 1Q 2022). Revenue: CN¥511.5m (down 5.6% from 1Q 2022). Net income: CN¥36.2m (down 1.0% from 1Q 2022). Profit margin: 7.1% (up from 6.8% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: CN¥0.06 (vs CN¥0.28 in FY 2021) Full year 2022 results: EPS: CN¥0.06 (down from CN¥0.28 in FY 2021). Revenue: CN¥92.0b (up CN¥89.6b from FY 2021). Net income: CN¥30.8m (down 79% from FY 2021). Profit margin: 0% (down from 6.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 135% p.a. on average during the next 2 years, while revenues in the Food industry in China are expected to grow by 15%. Over the last 3 years on average, earnings per share has fallen by 40% 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. Major Estimate Revision • Nov 29
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from CN¥0.46 to CN¥0.40. Revenue forecast unchanged from CN¥2.44b at last update. Net income forecast to grow 353% next year vs 35% growth forecast for Food industry in China. Consensus price target of CN¥11.80 unchanged from last update. Share price rose 3.8% to CN¥10.98 over the past week. Major Estimate Revision • Nov 26
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from CN¥0.52 to CN¥0.46. Revenue forecast unchanged from CN¥2.44b at last update. Net income forecast to grow 353% next year vs 36% growth forecast for Food industry in China. Consensus price target of CN¥11.80 unchanged from last update. Share price fell 4.1% to CN¥10.60 over the past week. Price Target Changed • Nov 16
Price target decreased to CN¥11.80 Down from CN¥19.20, the current price target is provided by 1 analyst. New target price is 6.3% above last closing price of CN¥11.10. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥0.52 for next year compared to CN¥0.28 last year. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.008 (vs CN¥0.067 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.008 (down from CN¥0.067 in 3Q 2021). Revenue: CN¥435.7m (down 17% from 3Q 2021). Net income: CN¥4.57m (down 86% from 3Q 2021). Profit margin: 1.0% (down from 6.4% in 3Q 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Food industry in China. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.085 (vs CN¥0.16 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.085 (down from CN¥0.16 in 2Q 2021). Revenue: CN¥640.2m (down 20% from 2Q 2021). Net income: CN¥43.3m (down 48% from 2Q 2021). Profit margin: 6.8% (down from 10% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Jun 09
Jiangxi Huangshanghuang Group Food Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on June 14, 2022 Jiangxi Huangshanghuang Group Food Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 0.60000000 on A shares for the year 2021. Record date is June 13, 2022. Ex-date is June 14, 2022. Payment date is June 14, 2022. Announcement • May 24
Jiangxi Huangshanghuang Group Food Co., Ltd. Approves Cash Dividend for the Year 2021 Jiangxi Huangshanghuang Group Food Co., Ltd. announced at annual general meeting held on May 20, 2022, the shareholders approved cash dividend of CNY 0.60000000 per ten shares (tax included0 for the year 2021. Announcement • May 02
Jiangxi Huangshanghuang Group Food Co., Ltd. Proposes Final Cash Dividend for the Year 2021 Jiangxi Huangshanghuang Group Food Co., Ltd. proposed final cash dividend of CNY 0.60000000 per 10 shares (tax included) for the year 2021. Reported Earnings • Apr 30
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.071 (down from CN¥0.13 in 1Q 2021). Revenue: CN¥541.8m (down 11% from 1Q 2021). Net income: CN¥36.6m (down 46% from 1Q 2021). Profit margin: 6.8% (down from 11% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 42%. Over the next year, revenue is forecast to grow 42%, compared to a 20% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥12.84, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Food industry in China. Total returns to shareholders of 2.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥25.58 per share. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥17.20, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 30x in the Food industry in China. Total returns to shareholders of 76% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.067 (vs CN¥0.15 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥526.5m (down 7.6% from 3Q 2020). Net income: CN¥33.6m (down 56% from 3Q 2020). Profit margin: 6.4% (down from 13% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 14% 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 29
Second quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.18 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥800.7m (down 2.8% from 2Q 2020). Net income: CN¥82.7m (down 10% from 2Q 2020). Profit margin: 10% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • May 11
Jiangxi Huangshanghuang Group Food Co., Ltd. Announces the Implementation of Final Distribution Plan for A Share for 2020 , Payable on 14 May 2021 Jiangxi Huangshanghuang Group Food Co., Ltd. announced the implementation of final distribution plan for A share as cash dividend/10 shares (tax included) of CNY 1.030000000 for the year 2020. Record date is 13 May 2021. Ex-date is 14 May 2021 and Payment date is 14 May 2021. Reported Earnings • May 03
First quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.13 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥606.2m (up 12% from 1Q 2020). Net income: CN¥67.2m (up 3.1% from 1Q 2020). Profit margin: 11% (down from 12% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% 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 • Mar 29
Full year 2020 earnings released: EPS CN¥0.55 (vs CN¥0.43 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.44b (up 15% from FY 2019). Net income: CN¥282.2m (up 28% from FY 2019). Profit margin: 12% (up from 10% 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 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥19.18, the stock is trading at a trailing P/E ratio of 40.8x, down from the previous P/E ratio of 48.3x. This compares to an average P/E of 36x in the Food industry in China. Total returns to shareholders over the past three years are 21%. Is New 90 Day High Low • Mar 08
New 90-day low: CN¥20.70 The company is down 10.0% from its price of CN¥23.12 on 08 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.00 per share. Announcement • Feb 24
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report Fiscal Year 2020 Results on Mar 27, 2021 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report fiscal year 2020 results on Mar 27, 2021 Is New 90 Day High Low • Jan 05
New 90-day high: CN¥25.56 The company is up 9.0% from its price of CN¥23.49 on 30 September 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.00 per share. Is New 90 Day High Low • Dec 17
New 90-day high: CN¥25.54 The company is up 3.0% from its price of CN¥24.74 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Food industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.66 per share. Valuation Update With 7 Day Price Move • Nov 13
Market bids up stock over the past week After last week's 17% share price gain to CN¥23.59, the stock is trading at a trailing P/E ratio of 50.2x, up from the previous P/E ratio of 43x. This compares to an average P/E of 38x in the Food industry in China. Total returns to shareholders over the past three years are 35%. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 16% share price gain to CN¥23.57, the stock is trading at a trailing P/E ratio of 50.2x, up from the previous P/E ratio of 43.2x. This compares to an average P/E of 37x in the Food industry in China. Total returns to shareholders over the past three years are 28%. Is New 90 Day High Low • Nov 06
New 90-day low: CN¥20.18 The company is down 33% from its price of CN¥30.00 on 07 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.28 per share. Reported Earnings • Oct 26
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥242.1m, up 12% from the prior year. Total revenue was CN¥2.37b over the last 12 months, up 12% from the prior year. Is New 90 Day High Low • Oct 21
New 90-day low: CN¥22.93 The company is down 14% from its price of CN¥26.62 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥13.92 per share. Announcement • Oct 17
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report Q3, 2020 Results on Oct 24, 2020 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report Q3, 2020 results on Oct 24, 2020 Announcement • Sep 24
Jiangxi Huangshanghuang Group Food Co., Ltd. Announces Management Changes Jiangxi Huangshanghuang Group Food Co., Ltd. in its Extraordinary General Meeting of 2020 held on 21 September 2020, approved election and nomination of Chu Jun, Chu Jian, Xu Guifen, Chu Jiangeng, Fan Xuming and Zeng Xihua as non-independent directors, election and nomination of Wang Jinben, Xiong Tao and Chen Xiaohang as independent director candidates and election of Huang Jubao and Deng Shuzhen as supervisors, cumulative voting system applicable. Is New 90 Day High Low • Sep 21
New 90-day low: CN¥24.23 The company is down 2.0% from its price of CN¥24.82 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is up 16% over the same period. Announcement • Jul 18
Jiangxi Huangshanghuang Group Food Co., Ltd. to Report First Half, 2020 Results on Aug 15, 2020 Jiangxi Huangshanghuang Group Food Co., Ltd. announced that they will report first half, 2020 results on Aug 15, 2020 