Board Change • May 18
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Xiaochun Liu was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥15.16, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 29x in the Machinery industry in China. Total returns to shareholders of 9.3% over the past three years. Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: CN¥0.077 (vs CN¥0.15 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.077 (down from CN¥0.15 in 1Q 2025). Revenue: CN¥576.1m (down 18% from 1Q 2025). Net income: CN¥78.4m (down 48% from 1Q 2025). Profit margin: 14% (down from 21% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% 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 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Apr 28
Harbin Boshi Automation Co., Ltd., Annual General Meeting, May 20, 2026 Harbin Boshi Automation Co., Ltd., Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Harbin, Heilongjiang China Announcement • Mar 31
Harbin Boshi Automation Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Harbin Boshi Automation Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Harbin Boshi Automation Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Harbin Boshi Automation Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Announcement • Nov 29
Harbin Boshi Automation Co., Ltd. Approves the Election of Directors Harbin Boshi Automation Co., Ltd. approved the election of Huang Tao, non-independent director and Ma Li, non-independent director, Zhang Jingsong, independent director. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.18 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.18 in 3Q 2024). Revenue: CN¥780.2m (up 9.5% from 3Q 2024). Net income: CN¥148.3m (down 19% from 3Q 2024). Profit margin: 19% (down from 26% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Announcement • Sep 30
Harbin Boshi Automation Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Harbin Boshi Automation Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Aug 29
Second quarter 2025 earnings released: EPS: CN¥0.13 (vs CN¥0.17 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.13 (down from CN¥0.17 in 2Q 2024). Revenue: CN¥661.9m (down 16% from 2Q 2024). Net income: CN¥127.3m (down 24% from 2Q 2024). Profit margin: 19% (down from 21% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. Announcement • Jul 02
Harbin Boshi Automation Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Harbin Boshi Automation Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • Jun 16
Dividend of CN¥0.25 announced Dividend of CN¥0.25 is the same as last year. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 26
Harbin Boshi Automation Co., Ltd., Annual General Meeting, May 19, 2025 Harbin Boshi Automation Co., Ltd., Annual General Meeting, May 19, 2025, at 14:20 China Standard Time. Location: No. 9, Donghu Street, Jizhong District, Yingbin Road, Harbin Development Zone, Heilongjiang China New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 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. Announcement • Mar 31
Harbin Boshi Automation Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Harbin Boshi Automation Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥18.13, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Machinery industry in China. Total returns to shareholders of 54% over the past three years. Announcement • Dec 31
Harbin Boshi Automation Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Harbin Boshi Automation Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Price Target Changed • Nov 05
Price target increased by 12% to CN¥16.80 Up from CN¥15.00, the current price target is provided by 1 analyst. New target price is 11% above last closing price of CN¥15.16. Stock is up 4.9% over the past year. The company is forecast to post earnings per share of CN¥0.56 for next year compared to CN¥0.44 last year. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.097 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.097 in 3Q 2023). Revenue: CN¥712.7m (up 20% from 3Q 2023). Net income: CN¥183.5m (up 85% from 3Q 2023). Profit margin: 26% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% 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 3% per year whereas the company’s share price has increased by 5% per year. Announcement • Sep 30
Harbin Boshi Automation Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Harbin Boshi Automation Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥14.70, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Machinery industry in China. Total returns to shareholders of 22% over the past three years. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.12 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.12 in 2Q 2023). Revenue: CN¥790.4m (up 20% from 2Q 2023). Net income: CN¥167.1m (up 33% from 2Q 2023). Profit margin: 21% (up from 19% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 4% per year. Announcement • Jun 29
Harbin Boshi Automation Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Harbin Boshi Automation Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 29
Harbin Boshi Automation Co., Ltd., Annual General Meeting, May 27, 2024 Harbin Boshi Automation Co., Ltd., Annual General Meeting, May 27, 2024, at 14:30 China Standard Time. Location: No. 9, Donghu Street, Jizhong District, Yingbin Road, Harbin Development Zone, Heilongjiang China Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.10 (vs CN¥0.21 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.10 (down from CN¥0.21 in 1Q 2023). Revenue: CN¥661.6m (down 9.3% from 1Q 2023). Net income: CN¥105.6m (down 50% from 1Q 2023). Profit margin: 16% (down from 29% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 30% 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 1% per year whereas the company’s share price has increased by 4% per year. Announcement • Mar 30
Harbin Boshi Automation Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Harbin Boshi Automation Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥17.26, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 18x in the Machinery industry in China. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥12.48, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Machinery industry in China. Negligible returns to shareholders over past three years. Announcement • Dec 30
Harbin Boshi Automation Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Harbin Boshi Automation Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Price Target Changed • Nov 22
Price target decreased by 17% to CN¥19.00 Down from CN¥23.00, the current price target is provided by 1 analyst. New target price is 35% above last closing price of CN¥14.06. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥0.65 for next year compared to CN¥0.44 last year. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.097 (vs CN¥0.16 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.097 (down from CN¥0.16 in 3Q 2022). Revenue: CN¥592.9m (down 15% from 3Q 2022). Net income: CN¥99.1m (down 39% from 3Q 2022). Profit margin: 17% (down from 23% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 30% 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 5% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.11 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.12 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥659.6m (up 26% from 2Q 2022). Net income: CN¥125.3m (up 13% from 2Q 2022). Profit margin: 19% (down from 21% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 25% 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 9% per year whereas the company’s share price has increased by 8% per year. Announcement • Jul 06
Harbin Boshi Automation Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on July 11, 2023 Harbin Boshi Automation Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.50000000 on A shares for the year 2022. Record date is July 10, 2023. Ex-date is July 11, 2023. Payment date is July 11, 2023. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥19.36, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 19x in the Machinery industry in China. Total returns to shareholders of 53% over the past three years. Announcement • May 23
Harbin Boshi Automation Co., Ltd. Approves Cash Dividend Harbin Boshi Automation Co., Ltd. held its Annual General Meeting of 2022 on 19 May 2023, during which it approved: Cash dividend/10 shares (tax included): CNY 2.50000000. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.15 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.15 in 1Q 2022). Revenue: CN¥729.7m (up 45% from 1Q 2022). Net income: CN¥210.2m (up 37% from 1Q 2022). Profit margin: 29% (down from 30% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 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 11% per year whereas the company’s share price has increased by 16% per year. Announcement • Dec 07
Harbin Boshi Automation Co., Ltd. Announces Executive Appointments Harbin Boshi Automation Co., Ltd. at the Extraordinary General Meeting of 2022 held on 05 December 2022, approved election and nomination of non-independent directors, cumulative voting system applicable: Cheng Lan; Election and nomination of independent directors, cumulative voting system applicable: Yang Jian and Chu Dazhi; Election and nomination of shareholder supervisors, cumulative voting system applicable: Chen Yongxiang. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Chunguang Zhang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.13 in 3Q 2021). Revenue: CN¥698.8m (up 28% from 3Q 2021). Net income: CN¥163.3m (up 21% from 3Q 2021). Profit margin: 23% (down from 25% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.13 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.13 in 2Q 2021). Revenue: CN¥523.8m (down 8.0% from 2Q 2021). Net income: CN¥111.2m (down 19% from 2Q 2021). Profit margin: 21% (down from 24% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 36%, compared to a 35% growth forecast for the Machinery industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥13.74, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 21x in the Machinery industry in China. Total returns to shareholders of 68% over the past three years. Announcement • Jun 10
Harbin Boshi Automation Co., Ltd. Announces Final Dividend on A Shares for the Year 2021, Payable on June 17, 2022 Harbin Boshi Automation Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.50000000 on A shares for the year 2021. Record date is June 16, 2022. Ex-date is June 17, 2022. Payment date is June 17, 2022. Announcement • May 12
Harbin Boshi Automation Co., Ltd. Approves Cash Dividend Harbin Boshi Automation Co., Ltd. at the annual general meeting held on May 6, 2022 approved cash dividend/10 shares (tax included): CNY 2.5000000. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS in line with expectations, revenues disappoint First quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.15 in 1Q 2021). Revenue: CN¥504.3m (down 7.7% from 1Q 2021). Net income: CN¥153.2m (up 2.2% from 1Q 2021). Profit margin: 30% (up from 27% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 28%, compared to a 31% growth forecast for the industry in China. 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 5% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target increased to CN¥14.50 Up from CN¥10.40, the current price target is provided by 1 analyst. New target price is 47% above last closing price of CN¥9.86. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥0.59 for next year compared to CN¥0.48 last year. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Chunguang Zhang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 16
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CN¥0.48 (up from CN¥0.40 in FY 2020). Revenue: CN¥2.11b (up 16% from FY 2020). Net income: CN¥490.3m (up 21% from FY 2020). Profit margin: 23% (up from 22% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 20%, compared to a 28% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Dec 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Chunguang Zhang was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.10 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥546.0m (up 29% from 3Q 2020). Net income: CN¥135.1m (up 30% from 3Q 2020). Profit margin: 25% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 28% per year. Board Change • Oct 31
High number of new directors Independent Director Chunguang Zhang was the last director to join the board, commencing their role in 2021. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.11 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥569.3m (up 28% from 2Q 2020). Net income: CN¥136.8m (up 23% from 2Q 2020). Profit margin: 24% (down from 25% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 36% per year. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.40 (vs CN¥0.30 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.83b (up 25% from FY 2019). Net income: CN¥405.4m (up 32% from FY 2019). Profit margin: 22% (up from 21% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Mar 09
Harbin Boshi Automation Co., Ltd. to Report Fiscal Year 2020 Results on Apr 22, 2021 Harbin Boshi Automation Co., Ltd. announced that they will report fiscal year 2020 results on Apr 22, 2021 Is New 90 Day High Low • Feb 26
New 90-day high: CN¥14.16 The company is up 14% from its price of CN¥12.44 on 27 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. Is New 90 Day High Low • Feb 08
New 90-day high: CN¥13.30 The company is up 9.0% from its price of CN¥12.23 on 10 November 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 down 1.0% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: CN¥13.21 The company is up 3.0% from its price of CN¥12.80 on 22 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥11.44 The company is down 12% from its price of CN¥13.00 on 23 September 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 5.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: CN¥11.87 The company is down 6.0% from its price of CN¥12.61 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 5.0% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: CN¥11.95 The company is down 20% from its price of CN¥14.87 on 04 August 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is down 2.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥387.3m, up 29% from the prior year. Total revenue was CN¥1.74b over the last 12 months, up 28% from the prior year. Announcement • Oct 20
Harbin Boshi Automation Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020 Harbin Boshi Automation Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020 Announcement • Aug 12
Harbin Boshi Automation Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Harbin Boshi Automation Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020