Price Target Changed • May 26
Price target increased by 12% to CN¥20.56 Up from CN¥18.29, the current price target is an average from 3 analysts. New target price is 40% above last closing price of CN¥14.66. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥1.10 for next year compared to CN¥0.80 last year. Declared Dividend • May 25
Dividend of CN¥0.50 announced Shareholders will receive a dividend of CN¥0.50. Ex-date: 28th May 2026 Payment date: 28th May 2026 Dividend yield will be 5.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share is expected to grow by 89% over the next 3 years, which should maintain adequate earnings cover for the dividend. Announcement • Apr 20
Loncin Motor Co., Ltd., Annual General Meeting, May 11, 2026 Loncin Motor Co., Ltd., Annual General Meeting, May 11, 2026, at 14:00 China Standard Time. Location: 1F, Loncin Motor Area A, Loncin Industrial Park, Nan'an District, Chongqing China Reported Earnings • Apr 19
First quarter 2026 earnings released: EPS: CN¥0.23 (vs CN¥0.25 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.23 (down from CN¥0.25 in 1Q 2025). Revenue: CN¥4.52b (down 2.7% from 1Q 2025). Net income: CN¥471.3m (down 7.0% from 1Q 2025). Profit margin: 10% (in line with 1Q 2025). Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 48% per year. Announcement • Mar 30
Loncin Motor Co., Ltd. to Report Q1, 2026 Results on Apr 25, 2026 Loncin Motor Co., Ltd. announced that they will report Q1, 2026 results on Apr 25, 2026 Price Target Changed • Feb 14
Price target increased by 8.2% to CN¥18.36 Up from CN¥16.97, the current price target is an average from 3 analysts. New target price is 18% above last closing price of CN¥15.56. Stock is up 41% over the past year. The company is forecast to post earnings per share of CN¥0.89 for next year compared to CN¥0.55 last year. Announcement • Jan 09
Negri family acquired 67% stake in C.M.D. Costruzioni Motori Diesel S.p.A. from Loncin Motor Co., Ltd. (SHSE:603766). Negri family acquired 67% stake in C.M.D. Costruzioni Motori Diesel S.p.A. from Loncin Motor Co., Ltd. (SHSE:603766) on January 8, 2026.
With a reverse buyout, the company completes the exit of its Chinese partner and relaunches family governance by increasing its share capital to 25,9 million euros.
Negri family completed the acquisition of 67% stake in C.M.D. Costruzioni Motori Diesel S.p.A. from Loncin Motor Co., Ltd. (SHSE:603766) on January 8, 2026. Announcement • Dec 26
Loncin Motor Co., Ltd. to Report Fiscal Year 2025 Results on Apr 18, 2026 Loncin Motor Co., Ltd. announced that they will report fiscal year 2025 results on Apr 18, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.15 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.15 in 3Q 2024). Revenue: CN¥4.80b (up 5.6% from 3Q 2024). Net income: CN¥502.6m (up 63% from 3Q 2024). Profit margin: 11% (up from 6.8% in 3Q 2024). 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 Auto industry in China. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥14.15, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Auto industry in China. Total returns to shareholders of 186% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.30 per share. Announcement • Sep 30
Loncin Motor Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Loncin Motor Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jun 30
Loncin Motor Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Loncin Motor Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Declared Dividend • May 31
Dividend increased to CN¥0.40 Dividend of CN¥0.40 is 300% higher than last year. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 3.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 29
Loncin Motor Co., Ltd., Annual General Meeting, May 19, 2025 Loncin Motor Co., Ltd., Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Reported Earnings • Apr 16
Full year 2024 earnings released: EPS: CN¥0.56 (vs CN¥0.28 in FY 2023) Full year 2024 results: EPS: CN¥0.56 (up from CN¥0.28 in FY 2023). Revenue: CN¥16.8b (up 29% from FY 2023). Net income: CN¥1.15b (up 97% from FY 2023). Profit margin: 6.8% (up from 4.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥12.32, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Auto industry in China. Total returns to shareholders of 185% over the past three years. Announcement • Mar 28
Loncin Motor Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Loncin Motor Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥11.44, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Auto industry in China. Total returns to shareholders of 134% over the past three years. Announcement • Dec 27
Loncin Motor Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Loncin Motor Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.14 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.14 in 3Q 2023). Revenue: CN¥4.55b (up 35% from 3Q 2023). Net income: CN¥309.3m (up 7.0% from 3Q 2023). Profit margin: 6.8% (down from 8.5% in 3Q 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Auto industry in China. Over the last 3 years on average, earnings per share has increased by 10% 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
Loncin Motor Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Loncin Motor Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.16 (up from CN¥0.15 in 2Q 2023). Revenue: CN¥4.37b (up 35% from 2Q 2023). Net income: CN¥331.8m (up 4.8% from 2Q 2023). Profit margin: 7.6% (down from 9.8% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥6.63, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 23x in the Auto industry in China. Total returns to shareholders of 104% over the past three years. Announcement • Jun 28
Loncin Motor Co., Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Loncin Motor Co., Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Declared Dividend • Jun 08
Dividend increased to CN¥0.10 Dividend of CN¥0.10 is 25% higher than last year. Ex-date: 14th June 2024 Payment date: 14th June 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 1.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 65% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.2% EPS decline seen over the last 5 years. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥7.92, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 27x in the Auto industry in China. Total returns to shareholders of 140% over the past three years. Announcement • Apr 29
Loncin Motor Co., Ltd., Annual General Meeting, May 17, 2024 Loncin Motor Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chongqing China Announcement • Mar 30
Loncin Motor Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Loncin Motor Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥3.99, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 18x in the Auto industry in China. Total returns to shareholders of 44% over the past three years. Announcement • Dec 29
Loncin Motor Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Loncin Motor Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Announcement • Dec 11
An unknown buyer agreed to acquire an unknown majority stake in C.M.D. Costruzioni Motori Diesel S.p.A. from Loncin Motor Co., Ltd. (SHSE : 603766). An unknown buyer agreed to acquire an unknown majority stake in C.M.D. Costruzioni Motori Diesel S.p.A. from Loncin Motor Co., Ltd. (SHSE : 603766) on December 8, 2023. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.11 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.11 in 3Q 2022). Revenue: CN¥3.39b (up 17% from 3Q 2022). Net income: CN¥289.1m (up 26% from 3Q 2022). Profit margin: 8.5% (up from 7.9% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.14 in 2Q 2022). Revenue: CN¥3.24b (up 4.6% from 2Q 2022). Net income: CN¥316.7m (up 14% from 2Q 2022). Profit margin: 9.8% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Apr 24
First quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.14 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.09 (down from CN¥0.14 in 1Q 2022). Revenue: CN¥2.74b (down 22% from 1Q 2022). Net income: CN¥185.0m (down 35% from 1Q 2022). Profit margin: 6.8% (down from 8.1% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Zhaohui Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.095 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.095 in 3Q 2021). Revenue: CN¥2.90b (down 8.8% from 3Q 2021). Net income: CN¥229.8m (up 18% from 3Q 2021). Profit margin: 7.9% (up from 6.1% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥5.33, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 37x in the Auto industry in China. Total returns to shareholders of 66% over the past three years. Board Change • Aug 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Zhaohui Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.17 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (down from CN¥0.17 in 2Q 2021). Revenue: CN¥3.10b (down 6.4% from 2Q 2021). Net income: CN¥279.0m (down 19% from 2Q 2021). Profit margin: 9.0% (down from 10% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.083 in 1Q 2021). Revenue: CN¥3.50b (up 23% from 1Q 2021). Net income: CN¥285.2m (up 68% from 1Q 2021). Profit margin: 8.1% (up from 6.0% in 1Q 2021). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 5.4%. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥4.89, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 25x in the Auto industry in China. Total returns to shareholders of 2.5% over the past three years. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥5.21, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 26x in the Auto industry in China. Total returns to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥4.42, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 24x in the Auto industry in China. Total loss to shareholders of 1.6% over the past three years. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.17 (vs CN¥0.10 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.31b (up 20% from 2Q 2020). Net income: CN¥345.9m (up 62% from 2Q 2020). Profit margin: 10% (up from 7.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 11
Full year 2020 earnings released: EPS CN¥0.25 (vs CN¥0.30 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥10.5b (down 1.8% from FY 2019). Net income: CN¥518.7m (down 17% from FY 2019). Profit margin: 5.0% (down from 5.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 19% per year. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥3.12 The company is down 21% from its price of CN¥3.95 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 Auto industry, which is up 16% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥3.26 The company is down 16% from its price of CN¥3.87 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥3.72 The company is down 10.0% from its price of CN¥4.12 on 11 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 industry, which is up 26% over the same period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.084 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: CN¥3.05b (up 14% from 3Q 2019). Net income: CN¥173.6m (down 26% from 3Q 2019). Profit margin: 5.7% (down from 8.7% 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 19% per year whereas the company’s share price has fallen by 20% per year. Announcement • Oct 29
Loncin Motor Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Loncin Motor Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Sep 24
New 90-day low: CN¥3.79 The company is down 2.0% from its price of CN¥3.86 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto industry, which is up 12% over the same period. Announcement • Jul 09
Loncin Motor Co., Ltd. to Report First Half, 2020 Results on Aug 22, 2020 Loncin Motor Co., Ltd. announced that they will report first half, 2020 results on Aug 22, 2020