Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥147, the stock trades at a trailing P/E ratio of 46.2x. Average trailing P/E is 55x in the Machinery industry in China. Total returns to shareholders of 200% over the past year. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥134, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 57x in the Machinery industry in China. Total returns to shareholders of 160% over the past year. Reported Earnings • Apr 27
Full year 2025 earnings released: EPS: CN¥2.91 (vs CN¥1.99 in FY 2024) Full year 2025 results: EPS: CN¥2.91 (up from CN¥1.99 in FY 2024). Revenue: CN¥2.50b (up 42% from FY 2024). Net income: CN¥351.2m (up 71% from FY 2024). Profit margin: 14% (up from 12% in FY 2024). The increase in margin was driven by higher revenue. Announcement • Apr 27
JirFine Intelligent Equipment Co., Ltd., Annual General Meeting, May 19, 2026 JirFine Intelligent Equipment Co., Ltd., Annual General Meeting, May 19, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Dongguan, Guangdong China New Risk • Apr 16
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 8.9% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to CN¥90.41, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 56x in the Machinery industry in China. Total returns to shareholders of 114% over the past year. Announcement • Mar 31
JirFine Intelligent Equipment Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 JirFine Intelligent Equipment Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Announcement • Dec 31
JirFine Intelligent Equipment Co., Ltd. to Report Fiscal Year 2025 Results on Apr 27, 2026 JirFine Intelligent Equipment Co., Ltd. announced that they will report fiscal year 2025 results on Apr 27, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.81 (vs CN¥0.33 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.81 (up from CN¥0.33 in 3Q 2024). Revenue: CN¥657.3m (up 70% from 3Q 2024). Net income: CN¥97.7m (up 169% from 3Q 2024). Profit margin: 15% (up from 9.4% in 3Q 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥81.33, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 52x in the Machinery industry in China. Total returns to shareholders of 78% over the past year. Announcement • Sep 30
JirFine Intelligent Equipment Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 JirFine Intelligent Equipment Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 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 6.9% 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 (45% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥72.76, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 50x in the Machinery industry in China. Total returns to shareholders of 110% over the past year. Announcement • Jul 02
JirFine Intelligent Equipment Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 JirFine Intelligent Equipment Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Apr 25
JirFine Intelligent Equipment Co., Ltd., Annual General Meeting, May 16, 2025 JirFine Intelligent Equipment Co., Ltd., Annual General Meeting, May 16, 2025, at 15:00 China Standard Time. Location: 6F, No. 103, Yuanhua Road, Maiyuan Village, Changping Town, Dongguan, Guangdong China New Risk • Apr 07
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 8.4% 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 (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥39.36, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 40x in the Machinery industry in China. Announcement • Mar 31
JirFine Intelligent Equipment Co., Ltd. to Report Q1, 2025 Results on Apr 25, 2025 JirFine Intelligent Equipment Co., Ltd. announced that they will report Q1, 2025 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥57.20, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 42x in the Machinery industry in China. Announcement • Dec 31
JirFine Intelligent Equipment Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025 JirFine Intelligent Equipment Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released Third quarter 2024 results: EPS: CN¥0.33. Net income: CN¥36.3m (up CN¥36.3m from 3Q 2023). New Risk • Oct 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% 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 Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change). Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to CN¥47.20, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 32x in the Machinery industry in China. New Risk • Sep 30
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 9.5% 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 (9.5% average weekly change). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share). Announcement • Sep 30
JirFine Intelligent Equipment Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 JirFine Intelligent Equipment Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (7.8% average weekly change). Announcement • Aug 29
Jirfine Intelligent Equipment Co., Ltd. Proposes Interim Dividend for the First Half of 2024 JirFine Intelligent Equipment Co., Ltd. proposed a interim dividend (tax included) of CNY 8.0 per ten shares for the first half of 2024. Reported Earnings • Aug 28
First half 2024 earnings released First half 2024 results: EPS: CN¥1.26. Net income: CN¥114.4m (up CN¥114.4m from 1H 2023). Buy Or Sell Opportunity • Jul 10
Now 53% overvalued The stock has been flat over the last 90 days, currently trading at CN¥54.00. The fair value is estimated to be CN¥35.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 4.9%. 