Announcement • Jun 30
Shantui Construction Machinery Co., Ltd. to Report First Half, 2026 Results on Aug 11, 2026 Shantui Construction Machinery Co., Ltd. announced that they will report first half, 2026 results on Aug 11, 2026 Announcement • Jun 05
Shantui Construction Machinery Co., Ltd. Announces Implementation of Final Profit Distribution Plan on A Shares for 2025, Payable on 09 June 2026 Shantui Construction Machinery Co., Ltd. announced the implementation of final profit distribution plan on A shares for 2025: Cash dividend (tax included) of CNY 1.00000000 per 10 shares. Record date: 08 June 2026 with Ex-date: 09 June 2026. Payment date: 09 June 2026. Announcement • Mar 31
Shantui Construction Machinery Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Shantui Construction Machinery Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Mar 20
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% 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 (24% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Mar 18
Full year 2025 earnings released: EPS: CN¥0.81 (vs CN¥0.73 in FY 2024) Full year 2025 results: EPS: CN¥0.81 (up from CN¥0.73 in FY 2024). Revenue: CN¥14.6b (up 2.8% from FY 2024). Net income: CN¥1.21b (up 9.9% from FY 2024). Profit margin: 8.3% (up from 7.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 33% per year. Announcement • Mar 15
Shantui Construction Machinery Co., Ltd., Annual General Meeting, Apr 10, 2026 Shantui Construction Machinery Co., Ltd., Annual General Meeting, Apr 10, 2026, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Jining, Shandong China Announcement • Dec 31
Shantui Construction Machinery Co., Ltd. to Report Fiscal Year 2025 Results on Mar 16, 2026 Shantui Construction Machinery Co., Ltd. announced that they will report fiscal year 2025 results on Mar 16, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.18 (vs CN¥0.17 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.18 (up from CN¥0.17 in 3Q 2024). Revenue: CN¥3.48b (up 4.7% from 3Q 2024). Net income: CN¥270.1m (up 5.6% from 3Q 2024). Profit margin: 7.8% (up from 7.7% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥12.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 26x in the Machinery industry in China. Total returns to shareholders of 201% over the past three years. Announcement • Sep 30
Shantui Construction Machinery Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shantui Construction Machinery Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: CN¥0.20 (vs CN¥0.22 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.20. Revenue: CN¥3.70b (up 3.2% from 2Q 2024). Net income: CN¥295.6m (up 4.7% from 2Q 2024). Profit margin: 8.0% (up from 7.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Announcement • Jul 02
Shantui Construction Machinery Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Shantui Construction Machinery Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • May 22
Shantui Construction Machinery Co., Ltd. Approves Cash Dividend for 2024 Shantui Construction Machinery Co., Ltd. held its Annual General Meeting of 2024 on 16 May 2025, approved cash dividend/10 shares (tax included): CNY 0.60000000 for 2024. New Risk • May 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% 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 (21% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Apr 25
Shantui Construction Machinery Co., Ltd. Proposes Final Dividend for the Year 2024 Shantui Construction Machinery Co., Ltd. proposed final dividend of CNY 0.60 per 10 shares (tax included) for the year 2024. Announcement • Apr 24
Shantui Construction Machinery Co., Ltd. (SZSE:000680) announces an Equity Buyback for CNY 300 million worth of its shares. Shantui Construction Machinery Co., Ltd. (SZSE:000680) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its common A shares. The shares will be repurchased at no more than CNY 13.88 per share. The purpose of the program is to use the repurchased shares for equity incentives or for the implementation of employee shareholding plan. The program will be valid for 12 months. Announcement • Apr 23
Shantui Construction Machinery Co., Ltd., Annual General Meeting, May 16, 2025 Shantui Construction Machinery Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Jining, Shandong China Announcement • Mar 31
Shantui Construction Machinery Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Shantui Construction Machinery Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Shantui Construction Machinery Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Shantui Construction Machinery Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Announcement • Nov 30
Shantui Construction Machinery Co., Ltd. Approves the Cash Dividend for the Third Quarter of 2024 Shantui Construction Machinery Co., Ltd. at its Extraordinary General Meeting held on 28 November 2024 approved the cash dividend of CNY 0.30000000 per 10 shares (tax included) for the third quarter of 2024. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.55, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 181% over the past three years. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.13 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.13 in 3Q 2023). Revenue: CN¥3.33b (up 25% from 3Q 2023). Net income: CN¥255.7m (up 28% from 3Q 2023). Profit margin: 7.7% (up from 7.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Shantui Construction Machinery Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Shantui Construction Machinery Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥8.39, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 106% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.93 per share. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.089 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.089 in 2Q 2023). Revenue: CN¥3.44b (up 38% from 2Q 2023). Net income: CN¥211.0m (up 58% from 2Q 2023). Profit margin: 6.1% (up from 5.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Machinery industry in China. 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 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥7.86, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 107% over the past three years. Announcement • Jun 29
Shantui Construction Machinery Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Shantui Construction Machinery Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Declared Dividend • Jun 20
Dividend increased to CN¥0.15 Dividend of CN¥0.15 is 97% higher than last year. Ex-date: 25th June 2024 Payment date: 25th June 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (28% earnings payout ratio) but not covered by cash flows (181% cash payout ratio). The dividend has increased by an average of 50% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Jun 13
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 (21% accrual ratio). Minor Risks Dividend is not well covered by cash flows (181% cash payout ratio). Share price has been volatile over the past 3 months (8.4% average weekly change). New Risk • Apr 28
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% 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 (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (181% cash payout ratio). Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.14 (vs CN¥0.11 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.14 (up from CN¥0.11 in 1Q 2023). Revenue: CN¥3.07b (up 29% from 1Q 2023). Net income: CN¥207.5m (up 23% from 1Q 2023). Profit margin: 6.8% (down from 7.1% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥8.27, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 97% over the past three years. Announcement • Mar 30
Shantui Construction Machinery Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Shantui Construction Machinery Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Mar 26
Shantui Construction Machinery Co., Ltd., Annual General Meeting, Apr 26, 2024 Shantui Construction Machinery Co., Ltd., Annual General Meeting, Apr 26, 2024, at 14:00 China Standard Time. Location: The Company Headquarters' Meeting Room, Jining, Shandong China Reported Earnings • Mar 26
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: CN¥0.51 (up from CN¥0.42 in FY 2022). Revenue: CN¥10.5b (up 5.4% from FY 2022). Net income: CN¥765.4m (up 21% from FY 2022). Profit margin: 7.3% (up from 6.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥5.65, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Machinery industry in China. Total returns to shareholders of 31% over the past three years. Announcement • Dec 29
Shantui Construction Machinery Co., Ltd. to Report Fiscal Year 2023 Results on Apr 18, 2024 Shantui Construction Machinery Co., Ltd. announced that they will report fiscal year 2023 results on Apr 18, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.056 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.056 in 3Q 2022). Revenue: CN¥2.67b (up 15% from 3Q 2022). Net income: CN¥200.3m (up 138% from 3Q 2022). Profit margin: 7.5% (up from 3.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Shantui Construction Machinery Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Shantui Construction Machinery Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 New Risk • Sep 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.089 (vs CN¥0.025 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.089 (up from CN¥0.025 in 2Q 2022). Revenue: CN¥2.49b (up 33% from 2Q 2022). Net income: CN¥133.2m (up 253% from 2Q 2022). Profit margin: 5.3% (up from 2.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥5.51, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 61% over the past three years. Board Change • Jun 01
Insufficient new directors 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. Non-Independent Director Huisheng Liu was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 29
Full year 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.15 in FY 2021) Full year 2022 results: EPS: CN¥0.42 (up from CN¥0.15 in FY 2021). Revenue: CN¥10.00b (up 9.1% from FY 2021). Net income: CN¥631.7m (up 202% from FY 2021). Profit margin: 6.3% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.056 (vs CN¥0.015 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.056 (up from CN¥0.015 in 3Q 2021). Revenue: CN¥2.32b (up 26% from 3Q 2021). Net income: CN¥84.3m (up 266% from 3Q 2021). Profit margin: 3.6% (up from 1.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.025 (vs CN¥0.042 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.025 (down from CN¥0.042 in 2Q 2021). Revenue: CN¥1.87b (down 32% from 2Q 2021). Net income: CN¥37.7m (down 38% from 2Q 2021). Profit margin: 2.0% (down from 2.2% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Jul 09
Shantui Construction Machinery Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on July 15, 2022 Shantui Construction Machinery Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 0.15000000 on A shares for the year 2021. Record date is July 14, 2022. Ex-date is July 15, 2022. Payment date is July 15, 2022. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥5.72, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 41% over the past three years. Announcement • May 20
Shantui Construction Machinery Co., Ltd. Approves Cash Dividend for 2021 Shantui Construction Machinery Co., Ltd., at the AGM held on 18 May 2022 approved Cash dividend/10 shares (tax included) of CNY 0.15000000 for 2021. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥4.28, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 27x in the Machinery industry in China. Total returns to shareholders of 8.6% over the past three years. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.073 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.24 (up from CN¥0.073 in 1Q 2021). Revenue: CN¥2.34b (down 12% from 1Q 2021). Net income: CN¥364.2m (up 294% from 1Q 2021). Profit margin: 16% (up from 3.5% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Mar 31
Shantui Construction Machinery Co., Ltd. Announces Final Dividend for 2021 Shantui Construction Machinery Co., Ltd. announced on 29 March 2022 the profit distribution proposal for 2021 as follows: cash dividend/10 shares (tax included): CNY 0.15000000. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: CN¥0.15 (vs CN¥0.081 in FY 2020) Full year 2021 results: EPS: CN¥0.15 (up from CN¥0.081 in FY 2020). Revenue: CN¥9.16b (up 29% from FY 2020). Net income: CN¥209.5m (up 108% from FY 2020). Profit margin: 2.3% (up from 1.4% in FY 2020). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS CN¥0.015 (vs CN¥0.007 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.84b (up 23% from 3Q 2020). Net income: CN¥23.0m (up 160% from 3Q 2020). Profit margin: 1.3% (up from 0.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.042 (vs CN¥0.033 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.74b (up 23% from 2Q 2020). Net income: CN¥61.3m (up 52% from 2Q 2020). Profit margin: 2.2% (up from 1.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.073 (vs CN¥0.019 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥2.66b (up 83% from 1Q 2020). Net income: CN¥92.5m (up 284% from 1Q 2020). Profit margin: 3.5% (up from 1.7% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Apr 13
Full year 2020 earnings released: EPS CN¥0.081 (vs CN¥0.046 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥7.10b (up 11% from FY 2019). Net income: CN¥100.8m (up 78% from FY 2019). Profit margin: 1.4% (up from 0.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 03
New 90-day high: CN¥4.41 The company is up 12% from its price of CN¥3.95 on 03 December 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: CN¥4.03 The company is up 10.0% from its price of CN¥3.68 on 22 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: CN¥3.93 The company is up 1.0% from its price of CN¥3.89 on 02 September 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Machinery industry, which is also up 1.0% over the same period. Announcement • Nov 27
Shantui Construction Machinery Co., Ltd. announced that it expects to receive CNY 681.712131 million in funding from Weichai Power Co., Ltd. Shantui Construction Machinery Co., Ltd. (SZSE:000680) announced that it has entered into subscription agreement to issue 236,705,601 shares of class A at issue price of CNY 2.88 per share for gross proceeds of CNY 681,712,130.88 on November 26, 2020. The transaction will include participation from Weichai Power Co., Ltd. (SEHK:2338). The investor will hold 16.02% stake in the company post closing of the transaction. The transaction is subject to approval from the board of directors and shareholders of the company. The transaction is also subject to approval from relevant department of the State-owned Assets Supervision and Administration Commission and China Securities Regulatory Commission. The shares issued in the transaction are subject to a hold period of 36 months from the closing of the transaction. The amount will be payable by the investor to the company within five working days of the receipt of the relevant payment notice by company. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.007 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: CN¥1.50b (up 14% from 3Q 2019). Net income: CN¥8.87m (down 81% from 3Q 2019). Profit margin: 0.6% (down from 3.5% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 26
New 90-day low: CN¥3.62 The company is down 4.0% from its price of CN¥3.76 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. Is New 90 Day High Low • Oct 01
New 90-day low: CN¥3.64 The company is down 1.0% from its price of CN¥3.66 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 11% over the same period. Announcement • Aug 14
Shantui Construction Machinery Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Shantui Construction Machinery Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020