Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥39.05, the stock trades at a trailing P/E ratio of 58.5x. Average forward P/E is 22x in the Auto Components industry in China. Total returns to shareholders of 71% over the past three years. Announcement • Apr 29
Jiangsu Rongtai Industry Co., Ltd., Annual General Meeting, May 20, 2026 Jiangsu Rongtai Industry Co., Ltd., Annual General Meeting, May 20, 2026, at 09:30 China Standard Time. Location: No. 9, Qiaozhang Road, Xiancheng Industrial Park, Jiangdu District, Yangzhou, Jiangsu China Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥32.79, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 54% over the past three years. Reported Earnings • Apr 16
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.71 (up from CN¥0.69 in FY 2024). Revenue: CN¥3.23b (up 37% from FY 2024). Net income: CN¥190.8m (up 17% from FY 2024). Profit margin: 5.9% (down from 6.9% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 24%. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 30
Jiangsu Rongtai Industry Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Jiangsu Rongtai Industry Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Feb 27
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (17% increase in shares outstanding). Announcement • Dec 26
Jiangsu Rongtai Industry Co., Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 Jiangsu Rongtai Industry Co., Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥39.63, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 88% over the past three years. Reported Earnings • Nov 03
Third quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.17 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.17 in 3Q 2024). Revenue: CN¥754.7m (up 25% from 3Q 2024). Net income: CN¥50.5m (up 26% from 3Q 2024). Profit margin: 6.7% (up from 6.6% in 3Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Jiangsu Rongtai Industry Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Jiangsu Rongtai Industry Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Price Target Changed • Sep 03
Price target increased by 53% to CN¥33.46 Up from CN¥21.92, the current price target is an average from 2 analysts. New target price is 28% below last closing price of CN¥46.60. Stock is up 236% over the past year. The company is forecast to post earnings per share of CN¥0.96 for next year compared to CN¥0.68 last year. New Risk • Sep 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 8.6% 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 Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥38.59, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 24x in the Auto Components industry in China. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to CN¥29.77, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 28% over the past three years. Declared Dividend • Jul 09
Dividend of CN¥0.15 announced Dividend of CN¥0.15 is the same as last year. Ex-date: 11th July 2025 Payment date: 11th July 2025 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 3 years but payments have been stable during that time. EPS is expected to grow by 103% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 03
Jiangsu Rongtai Industry Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Jiangsu Rongtai Industry Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥34.53, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 131% over the past three years. New Risk • Apr 27
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 11% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Reported Earnings • Apr 24
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.89 (up from CN¥0.82 in FY 2023). Revenue: CN¥2.35b (up 16% from FY 2023). Net income: CN¥163.4m (up 12% from FY 2023). Profit margin: 6.9% (down from 7.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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 Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Announcement • Apr 20
Jiangsu Rongtai Industry Co., Ltd., Annual General Meeting, May 21, 2025 Jiangsu Rongtai Industry Co., Ltd., Annual General Meeting, May 21, 2025, at 09:30 China Standard Time. Location: The Company's Meeting Room, Yangzhou, Jiangsu China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥26.82, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 60% over the past three years. Announcement • Mar 28
Jiangsu Rongtai Industry Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Jiangsu Rongtai Industry Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥30.38, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 22x in the Auto Components industry in China. Total returns to shareholders of 54% over the past three years. New Risk • Jan 10
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 9.3% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.3% average weekly change). Announcement • Dec 27
Jiangsu Rongtai Industry Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Jiangsu Rongtai Industry Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥24.92, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Auto Components industry in China. Total loss to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥22.68, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Auto Components industry in China. Total returns to shareholders of 23% over the past three years. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.23 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.22 (down from CN¥0.23 in 3Q 2023). Revenue: CN¥605.2m (up 17% from 3Q 2023). Net income: CN¥40.1m (down 4.5% from 3Q 2023). Profit margin: 6.6% (down from 8.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Jiangsu Rongtai Industry Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Jiangsu Rongtai Industry Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥21.33, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 21% over the past three years. Major Estimate Revision • Aug 31
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.91b to CN¥2.69b. EPS estimate also fell from CN¥1.35 per share to CN¥1.17 per share. Net income forecast to grow 55% next year vs 37% growth forecast for Auto Components industry in China. Consensus price target down from CN¥29.18 to CN¥24.73. Share price rose 19% to CN¥18.16 over the past week. Price Target Changed • Aug 30
Price target decreased by 11% to CN¥24.73 Down from CN¥27.80, the current price target is an average from 2 analysts. New target price is 36% above last closing price of CN¥18.16. Stock is down 42% over the past year. The company is forecast to post earnings per share of CN¥1.17 for next year compared to CN¥0.82 last year. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥18.16, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Auto Components industry in China. Negligible returns to shareholders over past three years. Announcement • Jun 28
Jiangsu Rongtai Industry Co., Ltd. to Report First Half, 2024 Results on Aug 10, 2024 Jiangsu Rongtai Industry Co., Ltd. announced that they will report first half, 2024 results on Aug 10, 2024 Reported Earnings • May 02
First quarter 2024 earnings released: EPS: CN¥0.23 (vs CN¥0.22 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.23 (up from CN¥0.22 in 1Q 2023). Revenue: CN¥510.4m (up 17% from 1Q 2023). Net income: CN¥42.4m (up 19% from 1Q 2023). Profit margin: 8.3% (up from 8.2% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 3% per year. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥19.77, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Auto Components industry in China. Total loss to shareholders of 17% over the past three years. Reported Earnings • Apr 11
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: CN¥0.82. Revenue: CN¥2.02b (up 31% from FY 2022). Net income: CN¥146.0m (up 9.2% from FY 2022). Profit margin: 7.2% (down from 8.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Auto Components industry in China. Announcement • Apr 10
Jiangsu Rongtai Industry Co., Ltd., Annual General Meeting, May 08, 2024 Jiangsu Rongtai Industry Co., Ltd., Annual General Meeting, May 08, 2024, at 09:30 China Standard Time. Location: The Company's Meeting Room, Yangzhou, Jiangsu China Announcement • Mar 29
Jiangsu Rongtai Industry Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Jiangsu Rongtai Industry Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥18.19, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Auto Components industry in China. Total loss to shareholders of 54% over the past year. Announcement • Feb 01
Jiangsu Rongtai Industry Co., Ltd. (SHSE:605133) announces an Equity Buyback for CNY 60 million worth of its shares. Jiangsu Rongtai Industry Co., Ltd. (SHSE:605133) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The shares will be repurchased at a price not more than CNY 30 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The program will be valid for a period of 12 months. Announcement • Dec 30
Jiangsu Rongtai Industry Co., Ltd. to Report Fiscal Year 2023 Results on Apr 03, 2024 Jiangsu Rongtai Industry Co., Ltd. announced that they will report fiscal year 2023 results on Apr 03, 2024 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥28.60, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 4.0% over the past year. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥33.89, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 22% over the past year. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.11 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥482.0m (up 71% from 2Q 2022). Net income: CN¥37.4m (up 124% from 2Q 2022). Profit margin: 7.8% (up from 5.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Auto Components industry in China. New Risk • Jul 19
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 9.0% 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 (9.0% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥34.85, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Auto Components industry in China. Total returns to shareholders of 32% over the past year. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥35.08, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 87% over the past year. Reported Earnings • Apr 07
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: CN¥0.84 (up from CN¥0.66 in FY 2021). Revenue: CN¥1.55b (up 33% from FY 2021). Net income: CN¥133.6m (up 33% from FY 2021). Profit margin: 8.6% (down from 8.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 9.9%. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Auto Components industry in China. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥37.65, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 23x in the Auto Components industry in China. Total returns to shareholders of 98% over the past year. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥37.52, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 25x in the Auto Components industry in China. Total returns to shareholders of 52% over the past year. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥32.98, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 24x in the Auto Components industry in China. Total returns to shareholders of 30% over the past year. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.12 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.25 (up from CN¥0.12 in 3Q 2021). Revenue: CN¥421.0m (up 66% from 3Q 2021). Net income: CN¥40.1m (up 116% from 3Q 2021). Profit margin: 9.5% (up from 7.3% in 3Q 2021). The increase in margin was driven by higher revenue. Announcement • Sep 17
Jiangsu Rongtai Industry Co., Ltd. (SHSE:605133) completed the acquisition of a 53% stake in Hebei Lizhun Machinery Manufacturing Co., Ltd. from Hebei Zhonglicheng Information Consulting Center (Limited Partnership. vJiangsu Rongtai Industry Co., Ltd. (SHSE:605133) agreed to acquire a 53% stake in Hebei Lizhun Machinery Manufacturing Co., Ltd. from Hebei Zhonglicheng Information Consulting Center (Limited Partnership) for CNY 190.8 million on August 30, 2022. Transaction will be finance from Jiangsu Rongtai Industry Co., Ltd. own funds
Jiangsu Rongtai Industry Co., Ltd. (SHSE:605133) completed the acquisition of a 53% stake in Hebei Lizhun Machinery Manufacturing Co., Ltd. from Hebei Zhonglicheng Information Consulting Center (Limited Partnership) on September 15, 2022. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.25 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.25 in 2Q 2021). Revenue: CN¥281.5m (up 3.4% from 2Q 2021). Net income: CN¥16.7m (down 47% from 2Q 2021). Profit margin: 5.9% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥29.84, the stock trades at a trailing P/E ratio of 47.5x. Average trailing P/E is 51x in the Auto Components industry in China. Total returns to shareholders of 61% over the past year. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥29.95, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 50x in the Auto Components industry in China. Total returns to shareholders of 59% over the past year. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥26.69, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 47x in the Auto Components industry in China. Total returns to shareholders of 37% over the past year. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥25.12, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 43x in the Auto Components industry in China. Total returns to shareholders of 12% over the past year. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥17.73, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 35x in the Auto Components industry in China. Total loss to shareholders of 23% over the past year. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.21 (up from CN¥0.20 in 1Q 2021). Revenue: CN¥353.1m (up 23% from 1Q 2021). Net income: CN¥34.0m (up 4.2% from 1Q 2021). Profit margin: 9.6% (down from 11% in 1Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥20.38, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 37x in the Auto Components industry in China. Total loss to shareholders of 16% over the past year. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥25.28, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 40x in the Auto Components industry in China. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥34.20, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 46x in the Auto Components industry in China. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥20.60, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 40x in the Auto Components industry in China. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.27 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥253.8m (down 7.5% from 3Q 2020). Net income: CN¥18.6m (down 43% from 3Q 2020). Profit margin: 7.3% (down from 12% in 3Q 2020). Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.27 in 2Q 2020) The company reported a soft second quarter result with weaker earnings, although revenues and profit margins were flat. Second quarter 2021 results: Revenue: CN¥272.3m (flat on 2Q 2020). Net income: CN¥31.4m (down 3.9% from 2Q 2020). Profit margin: 12% (in line with 2Q 2020).