Announcement • Jun 30
Shanghai Yimin Commercial Group Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 Announcement • Jun 05
Shanghai Yimin Commercial Group Co., Ltd., Annual General Meeting, Jun 29, 2026 Shanghai Yimin Commercial Group Co., Ltd., Annual General Meeting, Jun 29, 2026, at 13:30 China Standard Time. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.034 in FY 2024) Full year 2025 results: EPS: CN¥0.12 (up from CN¥0.034 in FY 2024). Revenue: CN¥677.1m (down 21% from FY 2024). Net income: CN¥121.6m (up 244% from FY 2024). Profit margin: 18% (up from 4.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Shanghai Yimin Commercial Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 26
Shanghai Yimin Commercial Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: CN¥0.005 loss per share (vs CN¥0.006 loss in 3Q 2024) Third quarter 2025 results: CN¥0.005 loss per share (improved from CN¥0.006 loss in 3Q 2024). Revenue: CN¥140.7m (down 28% from 3Q 2024). Net loss: CN¥5.09m (loss narrowed 26% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Shanghai Yimin Commercial Group Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 New Risk • Sep 23
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 111% Dividend yield: 0.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (111% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Reported Earnings • Aug 27
Second quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.01 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.01 (in line with 2Q 2024). Revenue: CN¥179.2m (down 30% from 2Q 2024). Net income: CN¥10.7m (up 4.0% from 2Q 2024). Profit margin: 6.0% (up from 4.0% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Declared Dividend • Aug 10
Dividend increased to CN¥0.018 Dividend of CN¥0.018 is 5.9% higher than last year. Ex-date: 15th August 2025 Payment date: 15th August 2025 Dividend yield will be 0.4%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is not covered by earnings (113% earnings payout ratio). However, it is well covered by cash flows (41% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 26% to bring the payout ratio under control. However, EPS has declined by 8.3% over the last 5 years so the company would need to reverse this trend. Board Change • Jul 25
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Juanling Chen was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Jun 30
Shanghai Yimin Commercial Group Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Jun 06
Shanghai Yimin Commercial Group Co., Ltd., Annual General Meeting, Jun 30, 2025 Shanghai Yimin Commercial Group Co., Ltd., Annual General Meeting, Jun 30, 2025, at 13:30 China Standard Time. Location: The Company Headquarters' Meeting Room, Shanghai China New Risk • May 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 52% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin). New Risk • May 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.1% Last year net profit margin: 5.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (2.1% net profit margin). Announcement • Mar 28
Shanghai Yimin Commercial Group Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Dec 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 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Announcement • Dec 27
Shanghai Yimin Commercial Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.006 loss per share (vs CN¥0.022 profit in 3Q 2023) Third quarter 2024 results: CN¥0.006 loss per share (down from CN¥0.022 profit in 3Q 2023). Revenue: CN¥195.3m (down 14% from 3Q 2023). Net loss: CN¥6.87m (down 130% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shanghai Yimin Commercial Group Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.014 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.014 in 2Q 2023). Revenue: CN¥255.3m (down 7.1% from 2Q 2023). Net income: CN¥10.3m (down 32% from 2Q 2023). Profit margin: 4.0% (down from 5.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
Shanghai Yimin Commercial Group Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Announcement • Jun 08
Shanghai Yimin Commercial Group Co., Ltd., Annual General Meeting, Jun 27, 2024 Shanghai Yimin Commercial Group Co., Ltd., Annual General Meeting, Jun 27, 2024, at 13:30 China Standard Time. Location: The Company Headquarters' Meeting Room, Shanghai China Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.031 (vs CN¥0.036 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.031 (down from CN¥0.036 in 1Q 2023). Revenue: CN¥260.9m (down 23% from 1Q 2023). Net income: CN¥32.4m (down 14% from 1Q 2023). Profit margin: 12% (up from 11% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Shanghai Yimin Commercial Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 New Risk • Mar 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 45% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). New Risk • Jan 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Board Change • Jan 24
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Haifeng Gu is the most experienced director on the board, commencing their role in 2017. Independent Director Feng Guan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Dec 29
Shanghai Yimin Commercial Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.022 (vs CN¥0.14 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.022 (up from CN¥0.14 loss in 3Q 2022). Revenue: CN¥227.8m (up 5.5% from 3Q 2022). Net income: CN¥22.7m (up CN¥176.9m from 3Q 2022). Profit margin: 10.0% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.014 (vs CN¥0.028 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.014 (up from CN¥0.028 loss in 2Q 2022). Revenue: CN¥274.7m (up 80% from 2Q 2022). Net income: CN¥15.1m (up CN¥43.1m from 2Q 2022). Profit margin: 5.5% (up from net loss in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Announcement • Jun 28
Shanghai Yimin Commercial Group Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.036 (vs CN¥0.034 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.036 (up from CN¥0.034 in 1Q 2022). Revenue: CN¥337.8m (up 49% from 1Q 2022). Net income: CN¥37.9m (up 4.4% from 1Q 2022). Profit margin: 11% (down from 16% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Director Haifeng Gu is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.006 loss per share (vs CN¥0.023 profit in 3Q 2021) Third quarter 2022 results: CN¥0.006 loss per share (down from CN¥0.023 profit in 3Q 2021). Revenue: CN¥185.2m (down 2.2% from 3Q 2021). Net loss: CN¥10.9m (down 144% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Aug 31
Second quarter 2022 earnings released: CN¥0.028 loss per share (vs CN¥0.029 profit in 2Q 2021) Second quarter 2022 results: CN¥0.028 loss per share (down from CN¥0.029 profit in 2Q 2021). Revenue: CN¥152.7m (down 53% from 2Q 2021). Net loss: CN¥28.0m (down 192% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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. 7 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Qu Fu was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥3.93, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 24x in the Multiline Retail industry in China. Total loss to shareholders of 5.5% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥4.84, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 26x in the Multiline Retail industry in China. Total returns to shareholders of 29% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.023 (vs CN¥0.02 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: CN¥189.4m (down 10% from 3Q 2020). Net income: CN¥24.5m (up 17% from 3Q 2020). Profit margin: 13% (up from 9.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.029 (vs CN¥0.009 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥321.5m (down 6.6% from 2Q 2020). Net income: CN¥30.6m (up 286% from 2Q 2020). Profit margin: 9.5% (up from 2.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.002 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥313.3m (up 24% from 1Q 2020). Net income: CN¥40.6m (up CN¥38.2m from 1Q 2020). Profit margin: 13% (up from 1.0% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year. Is New 90 Day High Low • Mar 15
New 90-day high: CN¥3.88 The company is up 2.0% from a price of CN¥3.79 on 15 December 2020. Outperformed the Chinese market which is flat over the last 90 days. Exceeded the Multiline Retail industry, which is down 11% over the same period. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥3.24 The company is down 20% from its price of CN¥4.03 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is down 16% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥3.64 The company is down 9.0% from its price of CN¥4.02 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Multiline Retail industry, which is down 13% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥3.80 The company is down 2.0% from its price of CN¥3.86 on 11 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Multiline Retail industry, which is down 13% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥19.1m, down 78% from the prior year. Total revenue was CN¥1.13b over the last 12 months, down 24% from the prior year. Announcement • Oct 20
Shanghai Yimin Commercial Group Co., Ltd. to Report Q3, 2020 Results on Oct 27, 2020 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 27, 2020 Announcement • Jul 09
Shanghai Yimin Commercial Group Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Shanghai Yimin Commercial Group Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020 
