Price Target Changed • Apr 29
Price target increased by 14% to CN¥62.55 Up from CN¥54.66, the current price target is an average from 4 analysts. New target price is 30% above last closing price of CN¥48.14. Stock is up 32% over the past year. The company is forecast to post earnings per share of CN¥0.95 next year compared to a net loss per share of CN¥0.78 last year. Reported Earnings • Apr 05
Full year 2025 earnings released: CN¥0.78 loss per share (vs CN¥0.82 loss in FY 2024) Full year 2025 results: CN¥0.78 loss per share (improved from CN¥0.82 loss in FY 2024). Revenue: CN¥46.6b (up 10% from FY 2024). Net loss: CN¥1.70b (loss narrowed 4.6% from FY 2024). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Auto industry in China. 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 52% per year, which means it is well ahead of earnings. Announcement • Apr 03
Anhui Jianghuai Automobile Group Corp.,Ltd., Annual General Meeting, Apr 28, 2026 Anhui Jianghuai Automobile Group Corp.,Ltd., Annual General Meeting, Apr 28, 2026, at 15:00 China Standard Time. Announcement • Mar 30
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Price Target Changed • Mar 09
Price target increased by 11% to CN¥54.66 Up from CN¥49.44, the current price target is an average from 5 analysts. New target price is 6.8% above last closing price of CN¥51.18. Stock is up 50% over the past year. The company is forecast to post a net loss per share of CN¥0.71 next year compared to a net loss per share of CN¥0.82 last year. Announcement • Dec 26
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: CN¥0.31 loss per share (down from CN¥0.15 profit in 3Q 2024). Revenue: CN¥11.5b (up 5.5% from 3Q 2024). Net loss: CN¥661.4m (down 304% from profit in 3Q 2024). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Auto industry in China. 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 49% per year, which means it is well ahead of earnings. Price Target Changed • Oct 01
Price target increased by 8.5% to CN¥44.57 Up from CN¥41.07, the current price target is an average from 6 analysts. New target price is 17% below last closing price of CN¥53.90. Stock is up 115% over the past year. The company is forecast to post earnings per share of CN¥0.06 next year compared to a net loss per share of CN¥0.82 last year. Announcement • Sep 30
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 27
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: CN¥0.25 loss per share (down from CN¥0.089 profit in 2Q 2024). Revenue: CN¥9.58b (down 4.8% from 2Q 2024). Net loss: CN¥549.8m (down 382% from profit in 2Q 2024). Revenue missed analyst estimates by 29%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Auto industry in China. 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 48% per year, which means it is well ahead of earnings. New Risk • Jul 17
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 7.0% 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. Price Target Changed • Jul 02
Price target increased by 11% to CN¥38.88 Up from CN¥35.04, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥40.35. Stock is up 141% over the past year. The company is forecast to post earnings per share of CN¥0.09 next year compared to a net loss per share of CN¥0.82 last year. Announcement • Jun 30
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • Jun 24
Anhui Jianghuai Automobile Group Corp.,Ltd.(SHSE:600418) dropped from Shanghai Stock Exchange 180 Value Index Anhui Jianghuai Automobile Group Corp.,Ltd. has been removed form Shanghai Stock Exchange 180 Value Index. Price Target Changed • May 22
Price target increased by 7.5% to CN¥37.44 Up from CN¥34.82, the current price target is an average from 6 analysts. New target price is 6.8% below last closing price of CN¥40.16. Stock is up 141% over the past year. The company is forecast to post earnings per share of CN¥0.14 next year compared to a net loss per share of CN¥0.82 last year. Reported Earnings • Apr 30
First quarter 2025 earnings released: CN¥0.10 loss per share (vs CN¥0.05 profit in 1Q 2024) First quarter 2025 results: CN¥0.10 loss per share (down from CN¥0.05 profit in 1Q 2024). Revenue: CN¥9.82b (down 13% from 1Q 2024). Net loss: CN¥223.0m (down 311% from profit in 1Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 66% per year, which means it is well ahead of earnings. Reported Earnings • Mar 30
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥0.82 loss per share (down from CN¥0.07 profit in FY 2023). Revenue: CN¥42.2b (down 6.3% from FY 2023). Net loss: CN¥1.78b (down CN¥1.94b from profit in FY 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 29
Anhui Jianghuai Automobile Group Corp.,Ltd., Annual General Meeting, Apr 18, 2025 Anhui Jianghuai Automobile Group Corp.,Ltd., Annual General Meeting, Apr 18, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China Announcement • Mar 28
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Major Estimate Revision • Jan 28
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥48.5b to CN¥47.8b. Now expected to report a loss of CN¥0.81 per share instead of CN¥0.115 per share profit previously forecast. Auto industry in China expected to see average net income growth of 30% next year. Consensus price target broadly unchanged at CN¥31.95. Share price rose 2.1% to CN¥40.89 over the past week. 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: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). Announcement • Dec 27
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Price Target Changed • Nov 02
Price target increased by 12% to CN¥29.15 Up from CN¥25.96, the current price target is an average from 7 analysts. New target price is 22% below last closing price of CN¥37.60. Stock is up 103% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.07 last year. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.012 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.012 in 3Q 2023). Revenue: CN¥10.9b (down 5.5% from 3Q 2023). Net income: CN¥324.3m (up CN¥295.6m from 3Q 2023). Profit margin: 3.0% (up from 0.2% in 3Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Oct 18
Consensus EPS estimates increase by 22% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CN¥0.215 to CN¥0.263. Revenue forecast steady at CN¥47.8b. Net income forecast to grow 126% next year vs 32% growth forecast for Auto industry in China. Consensus price target up from CN¥22.60 to CN¥25.96. Share price rose 22% to CN¥33.50 over the past week. Buy Or Sell Opportunity • Oct 09
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 52% to CN¥29.08. The fair value is estimated to be CN¥23.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 35% per annum over the same time period. Announcement • Sep 30
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Price Target Changed • Sep 26
Price target increased by 12% to CN¥22.60 Up from CN¥20.20, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CN¥22.60. Stock is up 72% over the past year. The company is forecast to post earnings per share of CN¥0.21 for next year compared to CN¥0.07 last year. New Risk • Sep 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 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 Large one-off items impacting financial results. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.089 (vs CN¥0.003 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.089 (up from CN¥0.003 in 2Q 2023). Revenue: CN¥10.1b (down 14% from 2Q 2023). Net income: CN¥195.3m (up CN¥188.1m from 2Q 2023). Profit margin: 1.9% (up from 0.1% in 2Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Auto industry in China. 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 2% per year, which means it is well ahead of earnings. Major Estimate Revision • Aug 28
Consensus revenue estimates decrease by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥47.5b to CN¥42.1b. EPS estimate reaffirmed at CN¥0.247. Net income forecast to grow 383% next year vs 31% growth forecast for Auto industry in China. Consensus price target of CN¥21.22 unchanged from last update. Share price fell 9.4% to CN¥18.42 over the past week. New Risk • Jul 31
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: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Major Estimate Revision • Jul 15
Consensus EPS estimates increase by 37% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CN¥0.18 to CN¥0.247. Revenue forecast steady at CN¥47.8b. Net income forecast to grow 447% next year vs 32% growth forecast for Auto industry in China. Consensus price target up from CN¥19.20 to CN¥20.20. Share price rose 8.5% to CN¥19.15 over the past week. Announcement • Jun 28
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Board Change • Jun 19
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. 1 highly experienced director. Chairman of the Board Xingchu Xiang is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Major Estimate Revision • May 09
Consensus EPS estimates fall by 12%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥45.4b to CN¥46.6b. EPS estimate fell from CN¥0.213 to CN¥0.188 per share. Net income forecast to grow 324% next year vs 30% growth forecast for Auto industry in China. Consensus price target up from CN¥18.70 to CN¥19.40. Share price was steady at CN¥15.36 over the past week. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.07 in 1Q 2023). Revenue: CN¥11.3b (up 4.6% from 1Q 2023). Net income: CN¥105.5m (down 29% from 1Q 2023). Profit margin: 0.9% (down from 1.4% in 1Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • May 01
Anhui Jianghuai Automobile Group Corp.,Ltd., Annual General Meeting, May 29, 2024 Anhui Jianghuai Automobile Group Corp.,Ltd., Annual General Meeting, May 29, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China Announcement • Mar 30
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Buy Or Sell Opportunity • Feb 23
Now 23% overvalued Over the last 90 days, the stock has fallen 21% to CN¥14.07. The fair value is estimated to be CN¥11.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Feb 07
Now 21% overvalued Over the last 90 days, the stock has fallen 36% to CN¥12.56. The fair value is estimated to be CN¥10.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.2% over the last 3 years. Meanwhile, the company became loss making. Announcement • Dec 29
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Price Target Changed • Dec 04
Price target increased by 23% to CN¥16.70 Up from CN¥13.56, the current price target is an average from 3 analysts. New target price is 6.3% below last closing price of CN¥17.83. Stock is up 22% over the past year. The company is forecast to post earnings per share of CN¥0.13 next year compared to a net loss per share of CN¥0.72 last year. New Risk • Oct 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 8.1% 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. This is currently the only risk that has been identified for the company. Price Target Changed • Sep 19
Price target increased by 8.0% to CN¥14.65 Up from CN¥13.56, the current price target is an average from 4 analysts. New target price is 5.2% above last closing price of CN¥13.92. Stock is down 15% over the past year. The company is forecast to post earnings per share of CN¥0.13 next year compared to a net loss per share of CN¥0.72 last year. New Risk • Aug 15
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 6.2% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: CN¥0.002 (vs CN¥0.20 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.002 (up from CN¥0.20 loss in 2Q 2022). Revenue: CN¥11.7b (up 45% from 2Q 2022). Net income: CN¥3.67m (up CN¥425.5m from 2Q 2022). Profit margin: 0% (up from net loss in 2Q 2022). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Auto industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Announcement • Jun 28
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report First Half, 2023 Results on Aug 26, 2023 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report first half, 2023 results on Aug 26, 2023 Price Target Changed • May 24
Price target increased by 9.6% to CN¥12.54 Up from CN¥11.44, the current price target is an average from 5 analysts. New target price is 6.5% above last closing price of CN¥11.77. Stock is down 2.6% over the past year. The company is forecast to post earnings per share of CN¥0.25 next year compared to a net loss per share of CN¥0.72 last year. Price Target Changed • May 09
Price target increased by 10% to CN¥12.69 Up from CN¥11.49, the current price target is an average from 4 analysts. New target price is 6.4% above last closing price of CN¥11.93. Stock is up 49% over the past year. The company is forecast to post earnings per share of CN¥0.30 next year compared to a net loss per share of CN¥0.72 last year. Reported Earnings • Apr 30
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: CN¥0.72 loss per share (down from CN¥0.10 profit in FY 2021). Revenue: CN¥36.6b (down 9.3% from FY 2021). Net loss: CN¥1.58b (down CN¥1.78b from profit in FY 2021). Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Auto industry in China. 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. Price Target Changed • Mar 14
Price target increased by 22% to CN¥13.99 Up from CN¥11.49, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CN¥13.75. Stock is up 26% over the past year. The company is forecast to post earnings per share of CN¥0.11 for next year compared to CN¥0.10 last year. Price Target Changed • Feb 28
Price target increased by 22% to CN¥13.99 Up from CN¥11.49, the current price target is an average from 4 analysts. New target price is 13% below last closing price of CN¥16.06. Stock is up 15% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.10 last year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. 5 independent directors (6 non-independent directors). Chairman of the Board Xingchu Xiang was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 01
Third quarter 2022 earnings released: CN¥0.032 loss per share (vs CN¥0.14 loss in 3Q 2021) Third quarter 2022 results: CN¥0.032 loss per share (improved from CN¥0.14 loss in 3Q 2021). Revenue: CN¥9.79b (up 17% from 3Q 2021). Net loss: CN¥71.7m (loss narrowed 75% from 3Q 2021). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Price Target Changed • Oct 31
Price target increased to CN¥13.99 Up from CN¥12.13, the current price target is an average from 4 analysts. New target price is 8.6% above last closing price of CN¥12.88. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.10 last year. Reported Earnings • Apr 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.10 (up from CN¥0.08 in FY 2020). Revenue: CN¥40.3b (down 6.0% from FY 2020). Net income: CN¥200.0m (up 40% from FY 2020). Profit margin: 0.5% (up from 0.3% in FY 2020). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 58%. Over the next year, revenue is forecast to grow 7.4%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Mar 31
Consensus EPS estimates fall by 45% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥45.3b to CN¥43.3b. EPS estimate also fell from CN¥0.32 per share to CN¥0.17 per share. Net income forecast to grow 80% next year vs 80% growth forecast for Auto industry in China. Consensus price target down from CN¥15.38 to CN¥12.98. Share price fell 6.2% to CN¥10.79 over the past week. Major Estimate Revision • Nov 26
Consensus EPS estimates fall to CN¥0.24 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from CN¥45.4b to CN¥43.5b. EPS estimate also fell from CN¥0.35 to CN¥0.24. Net income forecast to grow 97% next year vs 99% growth forecast for Auto industry in China. Consensus price target up from CN¥14.15 to CN¥15.40. Share price rose 2.8% to CN¥16.92 over the past week. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.14 loss per share (vs CN¥0.09 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¥8.36b (down 45% from 3Q 2020). Net loss: CN¥282.9m (down 249% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥14.09, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 14x in the Auto industry in China. Total returns to shareholders of 182% over the past three years. Reported Earnings • Aug 31
Second quarter 2021 earnings released The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥10.7b (down 32% from 2Q 2020). Net income: CN¥288.6m (up 38% from 2Q 2020). Profit margin: 2.7% (up from 1.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 51% per year. Major Estimate Revision • Jul 29
Consensus EPS estimates increase to CN¥0.34 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥47.5b to CN¥48.2b. EPS estimate increased from CN¥0.23 to CN¥0.34 per share. Net income forecast to shrink 5.9% next year vs 19% growth forecast for Auto industry in China . Consensus price target up from CN¥8.75 to CN¥12.75. Share price fell 4.2% to CN¥18.73 over the past week. Price Target Changed • Jul 29
Price target increased to CN¥12.75 Up from CN¥8.75, the current price target is an average from 4 analysts. New target price is 32% below last closing price of CN¥18.73. Stock is up 99% over the past year. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥14.32, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 17x in the Auto industry in China. Total returns to shareholders of 124% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.58 per share. Major Estimate Revision • Jun 23
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast fell from CN¥52.5b to CN¥47.2b. EPS estimate reaffirmed at CN¥0.23. Net income forecast to shrink 35% next year vs 23% growth forecast for Auto industry in China . Consensus price target down from CN¥9.00 to CN¥8.75. Share price rose 23% to CN¥10.73 over the past week. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥10.73, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 15x in the Auto industry in China. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.98 per share. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥9.92, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 16x in the Auto industry in China. Total returns to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.07 per share. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.19 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥11.7b (up 28% from 1Q 2020). Net income: CN¥189.1m (up CN¥545.1m from 1Q 2020). Profit margin: 1.6% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Apr 28
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast fell from CN¥59.4b to CN¥51.4b. EPS estimate unchanged from CN¥0.12 per share at last update. Auto industry in China expected to see average net income growth of 72% next year. Consensus price target of CN¥8.58 unchanged from last update. Share price was steady at CN¥8.67 over the past week. Announcement • Apr 20
Anhui Jianghuai Automobile Group Corp.,Ltd. announced that it expects to receive CNY 2 billion in funding from Anhui Jianghuai Automobile Group Holdings Limited Anhui Jianghuai Automobile Group Corp.,Ltd. (SHSE:600418) announced that it has signed the conditionally effective share subscription agreement with returning investor, Anhui Jianghuai Automobile Group Holdings Limited for a private placement of A shares, not less than CNY 1,300,000,000 and not more than CNY 2,000,000,000 on April 19, 2021. The shares subscribed by the investor shall not be transferred within 18 months from the date of the end of the issuance. The issue price of this issuance is the higher of the two values: 80% of the average trading price of the company’s stock during the 20 trading days prior to the pricing base date or the audited net asset value per share attributable to the parent company’s shareholders in the most recent period prior to the issuance. The transaction has been approved at the company's 30th meeting of the seventh board of directors, and still needs to be approved by the competent state-owned approval unit, company's shareholders meeting, and China Securities Regulatory Commission. As of the announcement date, investor holds 324,703,000 shares of the company, with a shareholding ratio of 17.15%. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.08 (vs CN¥0.06 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥42.9b (down 9.4% from FY 2019). Net income: CN¥142.6m (up 35% from FY 2019). Profit margin: 0.3% (up from 0.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Mar 05
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report fiscal year 2020 results on Mar 30, 2021 Is New 90 Day High Low • Mar 04
New 90-day low: CN¥8.61 The company is down 18% from its price of CN¥10.53 on 04 December 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.61 per share. Announcement • Jan 28
Anhui Jianghuai Automobile Group Corp.,Ltd.(XSSC:600418) dropped from S&P Global BMI Index Anhui Jianghuai Automobile Group Corp.,Ltd.(XSSC:600418) dropped from S&P Global BMI Index Is New 90 Day High Low • Dec 12
New 90-day high: CN¥12.24 The company is up 59% from its price of CN¥7.70 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.61 per share. Is New 90 Day High Low • Nov 24
New 90-day high: CN¥10.55 The company is up 14% from its price of CN¥9.28 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.35 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥26.7m, with earnings increasing by CN¥730.2m from the prior year. Total revenue was CN¥50.2b over the last 12 months, down 1.5% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue and earnings beat expectations Third-quarter revenue exceeded analyst estimates by 15% at CN¥15.1b. Earnings per share (EPS) also surpassed analyst estimates by 4,210% at CN¥0.10. Revenue is forecast to grow 12% over the next year, compared to a 31% growth forecast for the Auto industry in China. Announcement • Oct 27
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Sep 24
New 90-day low: CN¥7.27 The company is down 17% from its price of CN¥8.72 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.50 per share. Announcement • Sep 19
CRRC Industrial Investment Co., Ltd. signed letter of intent to acquire 21.3% stake in Anhui Ankai Automobile Co., Ltd (SZSE:000868) from Anhui Jianghuai Automobile Group Corp.,Ltd. (SHSE:600418) and Anhui Investment Group Holding Co., Ltd. CRRC Industrial Investment Co., Ltd. signed letter of intent to acquire 21.3% stake in Anhui Ankai Automobile Co., Ltd (SZSE:000868) from Anhui Jianghuai Automobile Group Corp.,Ltd. (SHSE:600418) and Anhui Investment Group Holding Co., Ltd on September 16, 2019. As per the terms, 156.2 million shares will be acquired. The final price will be based on Anhui Ankai Automobile Co., Ltd's average share price over the 30 days prior to the publication of the confirmation notice. Anhui Jianghuai Automobile Group Corp.,Ltd. will sell 12.85% stake and Anhui Investment Group Holding Co., Ltd will sell 8.45% stake. As of the signing date of this letter of intent, Anhui Jianghuai Automobile Group Corp.,Ltd. owns 25.20% stake and Anhui Investment Group Holding Co., Ltd owns 16.58% stake. The stake owned by Anhui Jianghuai Automobile Group Corp.,Ltd. will reduce to 12.35% and stake owned by Anhui Investment Group Holding Co., Ltd will reduce to 8.12%. The transaction is subject to approval of several regulators. The transaction is expected to complete by January 31, 2020. Announcement • Jul 21
Anhui State-owned Capital Operation Holdings Group Co., Ltd. completed the acquisition of 8.08% stake in Anhui Jianghuai Automobile Group Corp.,Ltd. (SHSE:600418) from Anhui Jianghuai Automobile Group Co., Ltd. Anhui State-owned Capital Operation Holdings Group Co., Ltd. entered into an agreement to acquire 8.08% stake in Anhui Jianghuai Automobile Group Corp.,Ltd. (SHSE:600418) from Anhui Jianghuai Automobile Group Co., Ltd. for zero cost on July 2, 2020. All taxes and fees arising from the free transfer of the subject shares shall be borne by both parties in accordance with the laws and regulations. The transaction has been approved by the Anhui State-owned Assets Supervision and Administration Commission of the Anhui Province.
Anhui State-owned Capital Operation Holdings Group Co., Ltd. completed the acquisition of 8.08% stake in Anhui Jianghuai Automobile Group Corp.,Ltd. (SHSE:600418) from Anhui Jianghuai Automobile Group Co., Ltd. on July 16, 2020. China Securities Depository and Clearing Co., Ltd. issued the transfer registration confirmation. Announcement • Jul 17
Anhui Jianghuai Automobile Group Corp.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Anhui Jianghuai Automobile Group Corp.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020 
