Announcement • Jun 30
Anhui Huamao Textile Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 Anhui Huamao Textile Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Announcement • May 30
Anhui Huamao Textile Co., Ltd. Approves Cash Dividend for the Year 2025 Anhui Huamao Textile Co., Ltd. held its Annual General Meeting of 2025 on 28 May 2026, during which the following proposal(s) was/were approved the Cash dividend/10 shares (tax included) CNY 1.00000000 for 2025. Reported Earnings • Apr 28
First quarter 2026 earnings released: CN¥0.22 loss per share (vs CN¥0.045 loss in 1Q 2025) First quarter 2026 results: CN¥0.22 loss per share (further deteriorated from CN¥0.045 loss in 1Q 2025). Revenue: CN¥781.2m (up 2.6% from 1Q 2025). Net loss: CN¥197.3m (loss widened 383% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Apr 28
Anhui Huamao Textile Co., Ltd., Annual General Meeting, May 28, 2026 Anhui Huamao Textile Co., Ltd., Annual General Meeting, May 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Anqing, Anhui China Announcement • Mar 31
Anhui Huamao Textile Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Anhui Huamao Textile Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Buy Or Sell Opportunity • Mar 08
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to CN¥5.49. The fair value is estimated to be CN¥4.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. New Risk • Mar 03
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 7.5% 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 Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥6.40, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 36x in the Luxury industry in China. Total returns to shareholders of 92% over the past three years. Buy Or Sell Opportunity • Jan 16
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to CN¥5.61. The fair value is estimated to be CN¥4.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Announcement • Dec 31
Anhui Huamao Textile Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Anhui Huamao Textile Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Buy Or Sell Opportunity • Dec 26
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to CN¥5.67. The fair value is estimated to be CN¥4.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥5.11, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 32x in the Luxury industry in China. Total returns to shareholders of 62% over the past three years. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.082 (vs CN¥0.15 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.082 (down from CN¥0.15 in 3Q 2024). Revenue: CN¥942.6m (up 11% from 3Q 2024). Net income: CN¥75.1m (down 43% from 3Q 2024). Profit margin: 8.0% (down from 16% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Anhui Huamao Textile Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Anhui Huamao Textile Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 03
New major risk - Revenue and earnings growth Earnings have declined by 3.4% 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 3.4% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Declared Dividend • Aug 04
Dividend of CN¥0.10 announced Dividend of CN¥0.10 is the same as last year. Ex-date: 6th August 2025 Payment date: 6th August 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but not covered by cash flows (152% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jul 08
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 7.1% 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: Minor Risks Dividend is not well covered by cash flows (152% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Announcement • Jul 02
Anhui Huamao Textile Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Anhui Huamao Textile Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥4.76, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 29x in the Luxury industry in China. Total returns to shareholders of 40% over the past three years. Announcement • Jun 13
Anhui Huamao Textile Co., Ltd. Approves Cash Dividend for 2024 Anhui Huamao Textile Co., Ltd. at its Annual General Meeting held on 10 June 2025 approved cash dividend of CNY 1.00000000 per 10 shares (tax included) for 2024. Announcement • May 13
Anhui Huamao Textile Co., Ltd., Annual General Meeting, Jun 10, 2025 Anhui Huamao Textile Co., Ltd., Annual General Meeting, Jun 10, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Anqing, Anhui China Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥4.33, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 29x in the Luxury industry in China. Total returns to shareholders of 32% over the past three years. Announcement • Apr 08
Anhui Huamao Textile Co., Ltd. Proposes Cash Dividend for 2024 Anhui Huamao Textile Co., Ltd. announced on 07 April 2025 the profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 1.00000000. Reported Earnings • Apr 07
Full year 2024 earnings released: EPS: CN¥0.31 (vs CN¥0.15 in FY 2023) Full year 2024 results: EPS: CN¥0.31 (up from CN¥0.15 in FY 2023). Revenue: CN¥3.34b (down 6.2% from FY 2023). Net income: CN¥287.1m (up 107% from FY 2023). Profit margin: 8.6% (up from 3.9% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Mar 31
Anhui Huamao Textile Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Anhui Huamao Textile Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Anhui Huamao Textile Co., Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025 Anhui Huamao Textile Co., Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.049 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.049 in 3Q 2023). Revenue: CN¥849.4m (up 9.4% from 3Q 2023). Net income: CN¥131.7m (up 185% from 3Q 2023). Profit margin: 16% (up from 6.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥4.11, the stock trades at a trailing P/E ratio of 50.9x. Average trailing P/E is 21x in the Luxury industry in China. Total returns to shareholders of 11% over the past three years. Announcement • Sep 30
Anhui Huamao Textile Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Anhui Huamao Textile Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥3.97, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 20x in the Luxury industry in China. Total returns to shareholders of 12% over the past three years. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.045 (vs CN¥0.037 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.045 (up from CN¥0.037 in 2Q 2023). Revenue: CN¥876.5m (down 1.8% from 2Q 2023). Net income: CN¥40.2m (up 15% from 2Q 2023). Profit margin: 4.6% (up from 3.9% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Anhui Huamao Textile Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Anhui Huamao Textile Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • Jun 26
Anhui Huamao Textile Co., Ltd. (SZSE:000850) announces an Equity Buyback for CNY 96 million worth of its shares. Anhui Huamao Textile Co., Ltd. (SZSE:000850) announces a share repurchase program. Under the program, the company will repurchase up to CNY 96 million worth of its shares. The shares will be repurchased at a price not more than CNY 4.80 per share. The repurchased share will be used to maintain the company's value and shareholders' rights and to enhance investors' confidence in the company's investment. The company plans to use its own funds to repurchase its shares. The program will be valid for a period of 3 months. New Risk • May 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 38% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 135% Paying a dividend despite having no free cash flows. Earnings have declined by 16% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Announcement • May 08
Anhui Huamao Textile Co., Ltd., Annual General Meeting, May 28, 2024 Anhui Huamao Textile Co., Ltd., Annual General Meeting, May 28, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Anqing, Anhui China Buy Or Sell Opportunity • Apr 26
Now 22% overvalued Over the last 90 days, the stock has fallen 17% to CN¥3.38. The fair value is estimated to be CN¥2.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Apr 23
First quarter 2024 earnings released: CN¥0.021 loss per share (vs CN¥0.052 profit in 1Q 2023) First quarter 2024 results: CN¥0.021 loss per share (down from CN¥0.052 profit in 1Q 2023). Revenue: CN¥794.0m (up 4.9% from 1Q 2023). Net loss: CN¥19.9m (down 141% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% 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. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥4.11, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 24x in the Luxury industry in China. Total returns to shareholders of 14% over the past three years. Announcement • Mar 30
Anhui Huamao Textile Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Anhui Huamao Textile Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Feb 10
Anhui Huamao Textile Co., Ltd. (SZSE:000850) announces an Equity Buyback for CNY 100 million worth of its shares. Anhui Huamao Textile Co., Ltd. (SZSE:000850) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 5 per share. The repurchased share will be used to maintain the company's value and necessary for shareholders' equity. The company plans to use its own funds to repurchase its shares. The program will be valid for a period of 3 months. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥3.33, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 24x in the Luxury industry in China. Total returns to shareholders of 5.9% over the past three years. Announcement • Dec 29
Anhui Huamao Textile Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Anhui Huamao Textile Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.049 (vs CN¥0.11 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.049 (up from CN¥0.11 loss in 3Q 2022). Revenue: CN¥776.4m (down 13% from 3Q 2022). Net income: CN¥46.3m (up CN¥146.5m from 3Q 2022). Profit margin: 6.0% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.037 (vs CN¥0.084 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.037 (down from CN¥0.084 in 2Q 2022). Revenue: CN¥892.3m (up 1.6% from 2Q 2022). Net income: CN¥34.9m (down 56% from 2Q 2022). Profit margin: 3.9% (down from 9.1% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jun 21
Anhui Huamao Textile Co., Ltd. Implements Final Cash Dividend on A Shares for 2022, Payable on 28 June 2023 Anhui Huamao Textile Co., Ltd. implemented final cash dividend per 10 shares (tax included) on A Shares of CNY 2.000000000 for 2022. Record date is 27 June 2023. Ex-date is 28 June 2023. Payment date is 28 June 2023. Announcement • Jun 01
Anhui Huamao Textile Co., Ltd. Approves Cash Dividend for 2022 Anhui Huamao Textile Co., Ltd. at its Annual General Meeting of 2022 held on 26 May 2023, approved cash dividend/10 shares (tax included): CNY 2.00000000. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.052 (vs CN¥0.17 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.052 (up from CN¥0.17 loss in 1Q 2022). Revenue: CN¥757.1m (down 7.3% from 1Q 2022). Net income: CN¥48.7m (up CN¥205.1m from 1Q 2022). Profit margin: 6.4% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jichao Yang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.11 loss per share (vs CN¥0.21 profit in 3Q 2021) Third quarter 2022 results: CN¥0.11 loss per share (down from CN¥0.21 profit in 3Q 2021). Revenue: CN¥894.2m (down 3.3% from 3Q 2021). Net loss: CN¥100.2m (down 151% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Sep 21
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jichao Yang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.084 (vs CN¥0.16 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.084 (down from CN¥0.16 in 2Q 2021). Revenue: CN¥878.4m (flat on 2Q 2021). Net income: CN¥79.6m (down 53% from 2Q 2021). Profit margin: 9.1% (down from 19% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jul 09
Huamao Share Announces Final Dividend on Share A for 2021, Payable on July 14, 2022 Huamao Share announced Cash dividend/10 shares (tax included): CNY 0.50000000 on share A for 2021. Record date: 13 July 2022, Ex-date: 14 July 2022 and Payment date: 14 July 2022. Announcement • May 24
Anhui Huamao Textile Co., Ltd. Approves Cash Dividend for 2021 Anhui Huamao Textile Co., Ltd. approved cash dividend/10 shares (tax included) of CNY 0.50000000 for 2021, at its Annual General Meeting of 2021 held on 20 May 2022. Announcement • Apr 28
Anhui Huamao Textile Co., Ltd. Proposes Dividend for 2021 Anhui Huamao Textile Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 0.50000000 for 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: CN¥0.17 loss per share (vs CN¥0.03 loss in 1Q 2021) First quarter 2022 results: CN¥0.17 loss per share (down from CN¥0.03 loss in 1Q 2021). Revenue: CN¥817.1m (up 4.3% from 1Q 2021). Net loss: CN¥156.4m (loss widened CN¥131.7m from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Apr 08
Anhui Huamao Textile Co., Ltd. to Report Fiscal Year 2021 Results on Apr 27, 2022 Anhui Huamao Textile Co., Ltd. announced that they will report fiscal year 2021 results on Apr 27, 2022 Announcement • Dec 28
Anhui Huamao Textile's JV to Sell Entire Stake In Huatai Insurance to Chubb INA Anhui Huamao Textile Co., Ltd. (SZSE:000850) said its JV plans to sell its entire 6.07% stake in Huatai Insurance Group Co., Ltd. for CNY 2.46 billion ($386.25 million) to Chubb INA Holdings Inc. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.15 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥925.1m (up 14% from 3Q 2020). Net income: CN¥197.9m (up 38% from 3Q 2020). Profit margin: 21% (up from 18% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 7% per year. Announcement • Sep 04
Luoyang Desheng Textile Technology Co., Ltd. completed the acquisition of 16.7% stake in Desheng Textile Dye&Print(Anqing)Co.,Ltd. from Anhui Huamao Textile Co., Ltd. (SZSE:000850). Luoyang Desheng Textile Technology Co., Ltd. Signed the contract to acquire 16.7% stake in Desheng Textile Dye&Print(Anqing)Co.,Ltd. from Anhui Huamao Textile Co., Ltd. (SZSE:000850) for CNY 23.5 million on August 18, 2021. Consideration shall be payable within five working days from the effective date of contract. The Board of Directors of Anhui Huamao Textile Co., Ltd. has approved the transaction.
Luoyang Desheng Textile Technology Co., Ltd. completed the acquisition of 16.7% stake in Desheng Textile Dye&Print(Anqing)Co.,Ltd. from Anhui Huamao Textile Co., Ltd. (SZSE:000850) on September 2, 2021. Luoyang Desheng has received all the equity transfer money. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.16 (vs CN¥0.30 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥880.1m (down 18% from 2Q 2020). Net income: CN¥170.7m (down 39% from 2Q 2020). Profit margin: 19% (down from 26% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Aug 20
Luoyang Desheng Textile Technology Co., Ltd. Signed the contract to acquire 16.7% stake in Desheng Textile Dye&Print(Anqing)Co.,Ltd. from Anhui Huamao Textile Co., Ltd. (SZSE:000850) for CNY 23.5 million. Luoyang Desheng Textile Technology Co., Ltd. Signed the contract to acquire 16.7% stake in Desheng Textile Dye&Print(Anqing)Co.,Ltd. from Anhui Huamao Textile Co., Ltd. (SZSE:000850) for CNY 23.5 million on August 18, 2021. Consideration shall be payable within five working days from the effective date of contract. The Board of Directors of Anhui Huamao Textile Co., Ltd. has approved the transaction. Reported Earnings • May 03
First quarter 2021 earnings released: CN¥0.03 loss per share (vs CN¥0.18 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥783.5m (up 43% from 1Q 2020). Net loss: CN¥24.6m (loss narrowed 85% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • May 02
Anhui Huamao Textile Co., Ltd. Proposes Final Dividend for the Year 2020 Anhui Huamao Textile Co., Ltd. proposes final dividend of (tax included) CNY 0.50000000 per 10 share for the year 2020. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.24 (vs CN¥0.21 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥3.39b (up 14% from FY 2019). Net income: CN¥222.2m (up 12% from FY 2019). Profit margin: 6.6% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥3.54 The company is down 6.0% from its price of CN¥3.76 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 10.0% over the same period. Is New 90 Day High Low • Jan 11
New 90-day low: CN¥3.63 The company is down 8.0% from its price of CN¥3.94 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 11% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: CN¥4.62 The company is up 16% from its price of CN¥4.00 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥174.7m, down 33% from the prior year. Total revenue was CN¥3.32b over the last 12 months, up 15% from the prior year. Announcement • Aug 14
Anhui Huamao Textile Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Anhui Huamao Textile Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020