Announcement • Apr 24
GSP Automotive Group Wenzhou Co.,Ltd., Annual General Meeting, May 14, 2026 GSP Automotive Group Wenzhou Co.,Ltd., Annual General Meeting, May 14, 2026, at 10:00 China Standard Time. Location: No. 1, Niushan South Road, Ouhai High-tech Industrial Park, Wenzhou, Zhejiang China Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.39 (vs CN¥0.47 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.39 (down from CN¥0.47 in 1Q 2025). Revenue: CN¥1.11b (up 24% from 1Q 2025). Net income: CN¥77.8m (down 7.4% from 1Q 2025). Profit margin: 7.0% (down from 9.4% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Announcement • Mar 30
GSP Automotive Group Wenzhou Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Dec 26
GSP Automotive Group Wenzhou Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.35 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.33 (down from CN¥0.35 in 3Q 2024). Revenue: CN¥1.09b (up 7.8% from 3Q 2024). Net income: CN¥63.0m (flat on 3Q 2024). Profit margin: 5.8% (down from 6.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
GSP Automotive Group Wenzhou Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 25
Second quarter 2025 earnings released: EPS: CN¥0.41 (vs CN¥0.53 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.41 (down from CN¥0.53 in 2Q 2024). Revenue: CN¥1.14b (up 1.2% from 2Q 2024). Net income: CN¥77.8m (down 15% from 2Q 2024). Profit margin: 6.8% (down from 8.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥42.37, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 113% over the past three years. Announcement • Jun 30
GSP Automotive Group Wenzhou Co.,Ltd. to Report First Half, 2025 Results on Aug 22, 2025 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report first half, 2025 results on Aug 22, 2025 Declared Dividend • Jun 16
Dividend of CN¥0.60 announced Dividend of CN¥0.60 is the same as last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 1.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 5 years ago. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next year, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥37.18, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 20x in the Auto Components industry in China. Total returns to shareholders of 242% over the past three years. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CN¥0.47 (vs CN¥0.41 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.47 (up from CN¥0.41 in 1Q 2024). Revenue: CN¥893.4m (up 19% from 1Q 2024). Net income: CN¥84.0m (up 27% from 1Q 2024). Profit margin: 9.4% (up from 8.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 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 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (28% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Announcement • Apr 11
GSP Automotive Group Wenzhou Co.,Ltd. (SHSE:605088) announces an Equity Buyback for CNY 120 million worth of its shares. GSP Automotive Group Wenzhou Co.,Ltd. (SHSE:605088) announces a share repurchase program. Under the program, the company will repurchase up to CNY 120 million worth of its shares. The shares will be repurchased at CNY 56.05 per share. The shares repurchased will be used for the employee stock ownership plan or equity incentive. The program will be funded using the company’s own fund. The program is valid for 12 months. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥30.87, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Auto Components industry in China. Total returns to shareholders of 167% over the past three years. Reported Earnings • Mar 30
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: CN¥1.74 (up from CN¥1.73 in FY 2023). Revenue: CN¥4.02b (up 26% from FY 2023). Net income: CN¥298.0m (up 4.8% from FY 2023). Profit margin: 7.4% (down from 8.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.5%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 29
GSP Automotive Group Wenzhou Co.,Ltd., Annual General Meeting, Apr 18, 2025 GSP Automotive Group Wenzhou Co.,Ltd., Annual General Meeting, Apr 18, 2025, at 14:30 China Standard Time. Location: No. 1, Gaoxiang Road, Ouhai High-tech Industrial Park, Wenzhou, Zhejiang China Announcement • Mar 28
GSP Automotive Group Wenzhou Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥41.80, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 22x in the Auto Components industry in China. Total returns to shareholders of 251% over the past three years. New Risk • Feb 25
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 8.2% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (49% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥37.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 23x in the Auto Components industry in China. Total returns to shareholders of 188% over the past three years. Announcement • Dec 27
GSP Automotive Group Wenzhou Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥24.10, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Auto Components industry in China. Total returns to shareholders of 62% over the past three years. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.35 (vs CN¥0.47 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.35 (down from CN¥0.47 in 3Q 2023). Revenue: CN¥1.01b (up 30% from 3Q 2023). Net income: CN¥63.1m (down 19% from 3Q 2023). Profit margin: 6.3% (down from 10.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components 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 only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
GSP Automotive Group Wenzhou Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥20.98, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Auto Components industry in China. Total returns to shareholders of 77% over the past three years. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.53 (vs CN¥0.69 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.53 (down from CN¥0.69 in 2Q 2023). Revenue: CN¥1.13b (up 28% from 2Q 2023). Net income: CN¥91.3m (down 17% from 2Q 2023). Profit margin: 8.1% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Auto Components industry in China. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
GSP Automotive Group Wenzhou Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 New Risk • Jun 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (42% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.41 (vs CN¥0.17 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.41 (up from CN¥0.17 in 1Q 2023). Revenue: CN¥753.0m (up 20% from 1Q 2023). Net income: CN¥66.2m (up 136% from 1Q 2023). Profit margin: 8.8% (up from 4.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥25.13, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 32x in the Auto Components industry in China. Total returns to shareholders of 50% over the past three years. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥1.73 (vs CN¥1.47 in FY 2022) Full year 2023 results: EPS: CN¥1.73 (up from CN¥1.47 in FY 2022). Revenue: CN¥3.18b (up 8.1% from FY 2022). Net income: CN¥284.2m (up 20% from FY 2022). Profit margin: 8.9% (up from 8.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% 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
GSP Automotive Group Wenzhou Co.,Ltd., Annual General Meeting, Apr 19, 2024 GSP Automotive Group Wenzhou Co.,Ltd., Annual General Meeting, Apr 19, 2024, at 10:00 China Standard Time. Location: No. 1, Gaoxiang Road, Ouhai High-tech Industrial Park, Wenzhou, Zhejiang China Announcement • Mar 29
GSP Automotive Group Wenzhou Co.,Ltd. to Report Q1, 2024 Results on Apr 25, 2024 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024 Buy Or Sell Opportunity • Mar 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.6% to CN¥20.49. The fair value is estimated to be CN¥25.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 35%. New Risk • Jan 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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. Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Buy Or Sell Opportunity • Jan 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to CN¥18.80. The fair value is estimated to be CN¥24.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 35%. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥25.30, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 36x in the Auto Components industry in China. Total returns to shareholders of 35% over the past three years. Announcement • Dec 30
GSP Automotive Group Wenzhou Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 Announcement • Nov 04
GSP Automotive Group Wenzhou Co.,Ltd. (SHSE:605088) announces an Equity Buyback for CNY 120 million worth of its shares. GSP Automotive Group Wenzhou Co.,Ltd. (SHSE:605088) announces a share repurchase program. Under the program, the company will repurchase up to CNY 120 million worth of its shares. The repurchase price will not more than CNY 28 per share. The repurchased shares will be used for ESOP or equity incentives. The program is valid for 12 months. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.47 (vs CN¥0.44 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.47 (up from CN¥0.44 in 3Q 2022). Revenue: CN¥779.4m (down 2.0% from 3Q 2022). Net income: CN¥77.8m (up 6.8% from 3Q 2022). Profit margin: 10.0% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥24.15, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 35x in the Auto Components industry in China. Total returns to shareholders of 28% over the past three years. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.69 (vs CN¥0.47 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.69 (up from CN¥0.47 in 2Q 2022). Revenue: CN¥878.5m (up 14% from 2Q 2022). Net income: CN¥110.2m (up 41% from 2Q 2022). Profit margin: 13% (up from 10% in 2Q 2022). 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 fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥18.83, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 39x in the Auto Components industry in China. Total loss to shareholders of 13% over the past three years. Announcement • Jun 28
GSP Automotive Group Wenzhou Co.,Ltd. to Report First Half, 2023 Results on Aug 22, 2023 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Apr 13
Full year 2022 earnings released: EPS: CN¥1.47 (vs CN¥0.73 in FY 2021) Full year 2022 results: EPS: CN¥1.47 (up from CN¥0.73 in FY 2021). Revenue: CN¥2.94b (up 18% from FY 2021). Net income: CN¥237.9m (up 103% from FY 2021). Profit margin: 8.1% (up from 4.7% in FY 2021). The increase in margin was driven by higher revenue. Board Change • Nov 16
Less than half of directors are independent There are 10 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Chairman of the Supervisory Board Yuanjun Liu is the most experienced director on the board, commencing their role in 2021. Independent Director Xu Wang 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. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: CN¥0.44 (vs CN¥0.22 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.44 (up from CN¥0.22 in 3Q 2021). Revenue: CN¥795.0m (up 20% from 3Q 2021). Net income: CN¥72.8m (up 99% from 3Q 2021). Profit margin: 9.2% (up from 5.5% in 3Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥17.31, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 52x in the Auto Components industry in China. Total returns to shareholders of 24% over the past year. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.47 (vs CN¥0.27 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.47 (up from CN¥0.27 in 2Q 2021). Revenue: CN¥767.3m (up 20% from 2Q 2021). Net income: CN¥78.4m (up 78% from 2Q 2021). Profit margin: 10% (up from 6.9% in 2Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 26% share price gain to CN¥16.36, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 47x in the Auto Components industry in China. Total returns to shareholders of 11% over the past year. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.13 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.13 in 1Q 2021). Revenue: CN¥610.2m (up 18% from 1Q 2021). Net income: CN¥25.1m (up 23% from 1Q 2021). Profit margin: 4.1% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: CN¥0.73 (vs CN¥0.69 in FY 2020) Full year 2021 results: EPS: CN¥0.73 (up from CN¥0.69 in FY 2020). Revenue: CN¥2.49b (up 35% from FY 2020). Net income: CN¥117.2m (up 27% from FY 2020). Profit margin: 4.7% (down from 5.0% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.14 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥664.4m (up 47% from 3Q 2020). Net income: CN¥36.7m (up 90% from 3Q 2020). Profit margin: 5.5% (up from 4.3% in 3Q 2020). Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.36 in 2Q 2020) The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2021 results: Revenue: CN¥638.0m (up 8.3% from 2Q 2020). Net income: CN¥44.0m (flat on 2Q 2020). Profit margin: 6.9% (down from 7.4% in 2Q 2020). Reported Earnings • Apr 26
Full year 2020 earnings released: EPS CN¥0.69 (vs CN¥1.00 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.84b (down 5.4% from FY 2019). Net income: CN¥92.2m (down 23% from FY 2019). Profit margin: 5.0% (down from 6.1% in FY 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥16.56 The company is down 21% from its price of CN¥21.05 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is down 3.0% over the same period. Is New 90 Day High Low • Jan 12
New 90-day low: CN¥17.55 The company is down 16% from its price of CN¥20.91 on 14 October 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥21.43, the stock is trading at a trailing P/E ratio of 20.9x, up from the previous P/E ratio of 17.8x. This compares to an average P/E of 35x in the Auto Components industry in China. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥22.54, the stock is trading at a trailing P/E ratio of 21.9x, up from the previous P/E ratio of 18.1x. This compares to an average P/E of 35x in the Auto Components industry in China. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥18.59 The company is down 11% from its price of CN¥20.79 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 Auto Components industry, which is up 5.0% 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¥126.2m, up 11% from the prior year. Total revenue was CN¥1.86b over the last 12 months, down 1.9% from the prior year. Announcement • Oct 29
GSP Automotive Group Wenzhou Co.,Ltd. to Report Q3, 2020 Results on Oct 30, 2020 GSP Automotive Group Wenzhou Co.,Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020