New Risk • May 06
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 7.9% 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. Reported Earnings • Apr 29
Full year 2025 earnings released: CN¥0.24 loss per share (vs CN¥0.49 loss in FY 2024) Full year 2025 results: CN¥0.24 loss per share (improved from CN¥0.49 loss in FY 2024). Revenue: CN¥396.0m (down 49% from FY 2024). Net loss: CN¥89.3m (loss narrowed 52% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Announcement • Apr 29
Shenzhen Ruihe Construction Decoration Co., Ltd., Annual General Meeting, May 22, 2026 Shenzhen Ruihe Construction Decoration Co., Ltd., Annual General Meeting, May 22, 2026, at 14:30 China Standard Time. Location: 4F, No. 3027, Shennan East Road, Luohu District, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 New Risk • Nov 20
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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.094 loss per share (vs CN¥0.07 loss in 3Q 2024) Third quarter 2025 results: CN¥0.094 loss per share (further deteriorated from CN¥0.07 loss in 3Q 2024). Revenue: CN¥100.0m (down 43% from 3Q 2024). Net loss: CN¥33.1m (loss widened 28% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 02
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • Apr 29
Shenzhen Ruihe Construction Decoration Co., Ltd., Annual General Meeting, May 23, 2025 Shenzhen Ruihe Construction Decoration Co., Ltd., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Announcement • Mar 31
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Mar 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 27% per year over the past 5 years. New Risk • Jan 12
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 Risk Share price has been volatile over the past 3 months (11% average weekly change). New Risk • Jan 09
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 9.8% 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: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). Announcement • Dec 31
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.07 loss per share (vs CN¥0.31 loss in 3Q 2023) Third quarter 2024 results: CN¥0.07 loss per share (improved from CN¥0.31 loss in 3Q 2023). Revenue: CN¥176.0m (down 62% from 3Q 2023). Net loss: CN¥25.8m (loss narrowed 65% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.16 loss per share (vs CN¥0.026 loss in 2Q 2023) Second quarter 2024 results: CN¥0.16 loss per share (further deteriorated from CN¥0.026 loss in 2Q 2023). Revenue: CN¥190.1m (down 51% from 2Q 2023). Net loss: CN¥65.0m (loss widened CN¥55.0m from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 New Risk • May 23
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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 38% per year over the past 5 years. Reported Earnings • May 01
First quarter 2024 earnings released: CN¥0.05 loss per share (vs CN¥0.003 profit in 1Q 2023) First quarter 2024 results: CN¥0.05 loss per share (down from CN¥0.003 profit in 1Q 2023). Revenue: CN¥222.1m (down 34% from 1Q 2023). Net loss: CN¥17.6m (down CN¥18.7m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • May 01
Shenzhen Ruihe Construction Decoration Co., Ltd., Annual General Meeting, May 31, 2024 Shenzhen Ruihe Construction Decoration Co., Ltd., Annual General Meeting, May 31, 2024, at 14:30 China Standard Time. Location: 4F, No. 3027, Shennan East Road, Luohu District, Shenzhen, Guangdong China Announcement • Mar 30
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 30
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.31 loss per share (vs CN¥0.62 loss in 3Q 2022) Third quarter 2023 results: CN¥0.31 loss per share. Revenue: CN¥465.6m (down 20% from 3Q 2022). Net loss: CN¥73.2m (loss widened 69% from 3Q 2022). Reported Earnings • Aug 30
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: CN¥387.7m (down 34% from 2Q 2022). Net loss: CN¥9.94m (loss widened 129% from 2Q 2022). New Risk • Aug 30
New major risk - Revenue and earnings growth Earnings have declined by 56% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 29
First quarter 2023 earnings released First quarter 2023 results: Revenue: CN¥336.5m (down 33% from 1Q 2022). Net income: CN¥1.11m (down 89% from 1Q 2022). Profit margin: 0.3% (down from 1.9% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Independent Director Qingxiang Zhao is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.62 loss per share (vs CN¥0.08 loss in 3Q 2021) Third quarter 2022 results: CN¥0.62 loss per share (further deteriorated from CN¥0.08 loss in 3Q 2021). Revenue: CN¥578.2m (down 35% from 3Q 2021). Net loss: CN¥43.3m (loss widened 17% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 02
Second quarter 2022 earnings released: CN¥0.006 loss per share (vs CN¥0.08 profit in 2Q 2021) Second quarter 2022 results: CN¥0.006 loss per share (down from CN¥0.08 profit in 2Q 2021). Revenue: CN¥585.8m (down 39% from 2Q 2021). Net loss: CN¥4.33m (down 114% from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance. Announcement • May 07
Shenzhen Ruihe Construction Decoration Co., Ltd., Annual General Meeting, May 20, 2022 Shenzhen Ruihe Construction Decoration Co., Ltd., Annual General Meeting, May 20, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; to consider Confirmation of 2021 remuneration for directors and senior management; to consider Confirmation of 2021 remuneration for supervisors; and to consider any other matters. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.06 in 1Q 2021). Revenue: CN¥504.8m (down 29% from 1Q 2021). Net income: CN¥9.68m (down 58% from 1Q 2021). Profit margin: 1.9% (down from 3.2% in 1Q 2021). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Independent Director Qingxiang Zhao is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥7.08, the stock trades at a trailing P/E ratio of 64.7x. Average trailing P/E is 39x in the Professional Services industry in China. Total returns to shareholders of 2.5% over the past three years. Board Change • Feb 17
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Non-Employee Supervisor Dahao Li is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jan 29
Shenzhen Ruihe Construction Decoration Co., Ltd. Announces Management Changes Shenzhen Ruihe Construction Decoration Co., Ltd. at the extraordinary general meeting held on January 26, 2022 elected Li Dongyang, Lin Wangchun, Sun Guanzhe and Li Yuanfei as non-independent directors, Zhu Houjia, Gao Gang and Zhao Qingxiang as independent directors, Dang Zhe and Li Dahao as non-employee supervisors. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥6.96, the stock trades at a trailing P/E ratio of 63.6x. Average trailing P/E is 41x in the Professional Services industry in China. Total returns to shareholders of 14% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.08 loss per share (vs CN¥0.19 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥895.3m (down 20% from 3Q 2020). Net loss: CN¥37.0m (down 152% from profit in 3Q 2020). 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 2% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥7.18, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 41x in the Professional Services industry in China. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥8.42, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 38x in the Professional Services industry in China. Total returns to shareholders of 32% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.091 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥964.4m (down 3.3% from 2Q 2020). Net income: CN¥30.2m (down 40% from 2Q 2020). Profit margin: 3.1% (down from 5.0% 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 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 31% share price gain to CN¥9.52, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 34x in the Professional Services industry in China. Total returns to shareholders of 41% over the past three years. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥6.75, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 34x in the Professional Services industry in China. Total loss to shareholders of 3.1% over the past three years. Announcement • May 25
Shenzhen Ruihe Construction Decoration Co., Ltd. Approves Cash Dividend for the Year 2020 Shenzhen Ruihe Construction Decoration Co., Ltd. at its annual general meeting held on May 21, 2021, approved cash dividend per ten shares (tax included) of CNY 0.80000000 for the year 2020. Reported Earnings • Apr 19
Full year 2020 earnings released: EPS CN¥0.39 (vs CN¥0.43 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥3.76b (down 1.4% from FY 2019). Net income: CN¥148.1m (down 5.2% from FY 2019). Profit margin: 3.9% (down from 4.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥6.60, the stock is trading at a trailing P/E ratio of 18.2x, up from the previous P/E ratio of 14.7x. This compares to an average P/E of 30x in the Professional Services industry in China. Total return to shareholders over the past three years is a loss of 25%. Is New 90 Day High Low • Mar 09
New 90-day high: CN¥6.60 The company is up 8.0% from its price of CN¥6.11 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is down 4.0% over the same period. Is New 90 Day High Low • Feb 02
New 90-day low: CN¥5.08 The company is down 22% from its price of CN¥6.50 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is down 7.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥5.21 The company is down 16% from its price of CN¥6.18 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is down 12% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥5.69 The company is down 3.0% from its price of CN¥5.88 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Professional Services industry, which is down 6.0% over the same period. Is New 90 Day High Low • Nov 19
New 90-day high: CN¥6.77 The company is up 2.0% from its price of CN¥6.62 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is down 6.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥137.9m, down 17% from the prior year. Total revenue was CN¥3.69b over the last 12 months, largely unchanged from the prior year. Announcement • Oct 20
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Announcement • Aug 11
Shenzhen Ruihe Construction Decoration Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Shenzhen Ruihe Construction Decoration Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020