Announcement • Apr 22
Shenzhen Prince New Materials Co.,Ltd., Annual General Meeting, May 13, 2026 Shenzhen Prince New Materials Co.,Ltd., Annual General Meeting, May 13, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Reported Earnings • Apr 22
First quarter 2026 earnings released: EPS: CN¥0.03 (vs CN¥0.02 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.03 (up from CN¥0.02 in 1Q 2025). Revenue: CN¥527.2m (up 1.9% from 1Q 2025). Net income: CN¥10.1m (up 20% from 1Q 2025). Profit margin: 1.9% (up from 1.6% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Announcement • Mar 31
Shenzhen Prince New Materials Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Shenzhen Prince New Materials Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 New Risk • Mar 08
New major risk - Revenue and earnings growth Earnings have declined by 43% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 43% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). Announcement • Dec 31
Shenzhen Prince New Materials Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Shenzhen Prince New Materials Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 New Risk • Nov 21
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 7.3% 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. Reported Earnings • Nov 03
Third quarter 2025 earnings released: EPS: CN¥0.007 (vs CN¥0.002 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.007 (up from CN¥0.002 in 3Q 2024). Revenue: CN¥566.8m (up 21% from 3Q 2024). Net income: CN¥2.00m (up 77% from 3Q 2024). Profit margin: 0.4% (up from 0.2% in 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Packaging industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Shenzhen Prince New Materials Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Shenzhen Prince New Materials Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 02
Shenzhen Prince New Materials Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Shenzhen Prince New Materials Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • May 29
Shenzhen Prince New Materials Co.,Ltd. Appoints Kong Xiangyun as Independent Director Shenzhen Prince New Materials Co.,Ltd. at its Extraordinary General Meeting of 2025 on 27 May 2025 approved: appointment of Kong Xiangyun as independent director. New Risk • May 18
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 10% 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. This is currently the only risk that has been identified for the company. Announcement • Apr 24
Shenzhen Prince New Materials Co.,Ltd. Approves Cash Dividend for the Year 2024 Shenzhen Prince New Materials Co.,Ltd. at its Annual General Meeting held on 21 April 2025 approved cash dividend of CNY 0.13000000 per 10 shares (tax included) for the year 2024. New Risk • Apr 01
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 • Apr 01
Shenzhen Prince New Materials Co.,Ltd. Announces Profit Distribution Proposal for the Year 2024 Shenzhen Prince New Materials Co.,Ltd. announced profit distribution proposal final Cash dividend/10 shares (tax included) is CNY 0.1300000 for the year 2024. Announcement • Mar 31
Shenzhen Prince New Materials Co.,Ltd. to Report Q1, 2025 Results on Apr 24, 2025 Shenzhen Prince New Materials Co.,Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025 Reported Earnings • Mar 30
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥0.18 loss per share (down from CN¥0.21 profit in FY 2023). Revenue: CN¥1.99b (up 12% from FY 2023). Net loss: CN¥68.5m (down 213% from profit in FY 2023). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Mar 29
Shenzhen Prince New Materials Co.,Ltd., Annual General Meeting, Apr 21, 2025 Shenzhen Prince New Materials Co.,Ltd., Annual General Meeting, Apr 21, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China New Risk • Feb 18
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • Dec 31
Shenzhen Prince New Materials Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Shenzhen Prince New Materials Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥11.30, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 19x in the Packaging industry in China. Total loss to shareholders of 13% over the past three years. Announcement • Oct 28
Shenzhen Prince New Materials Co.,Ltd. (SZSE:002735) agreed to acquire remaining 15% stake in Dongguan iRice Electronics Development Co., Ltd. from Dongguan Beiming Industry Investment Partnership Enterprise (Limited Partnership) for CNY 0.03 million. Shenzhen Prince New Materials Co.,Ltd. (SZSE:002735) agreed to acquire remaining 15% stake in Dongguan iRice Electronics Development Co., Ltd. from Dongguan Beiming Industry Investment Partnership Enterprise (Limited Partnership) for CNY 0.03 million on October 25, 2024. A cash consideration of CNY 0.03 million will be paid by Shenzhen Prince New Materials Co.,Ltd. As of September 30, 2024 Dongguan iRice Electronics Development Co., Ltd had total assets of CNY 70 million and net assets of CNY -20 million.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. Reported Earnings • Oct 27
Third quarter 2024 earnings released: EPS: CN¥0.002 (vs CN¥0.051 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.002 (down from CN¥0.051 in 3Q 2023). Revenue: CN¥468.5m (up 6.1% from 3Q 2023). Net income: CN¥1.13m (down 90% from 3Q 2023). Profit margin: 0.2% (down from 2.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% 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 • Sep 30
Shenzhen Prince New Materials Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Shenzhen Prince New Materials Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥9.32, the stock trades at a trailing P/E ratio of 55.6x. Average trailing P/E is 26x in the Packaging industry in China. Total loss to shareholders of 26% over the past three years. New Risk • Sep 12
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 6.7% 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 0.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). New Risk • Aug 28
New major risk - Revenue and earnings growth Earnings have declined by 0.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.5% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥9.66, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Packaging industry in China. Total loss to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥8.59, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Packaging industry in China. Total loss to shareholders of 30% over the past three years. Announcement • Jun 29
Shenzhen Prince New Materials Co.,Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Shenzhen Prince New Materials Co.,Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • May 26
Shenzhen Prince New Materials Co.,Ltd. Approves the Cash Dividend for the Year 2023 Shenzhen Prince New Materials Co.,Ltd. held its Annual General Meeting of 2023 on 23 May 2024, during which the shareholders approved the cash dividend/10 shares (tax included) of CNY 0.48000000 for the year 2023. Announcement • May 01
Shenzhen Prince New Materials Co.,Ltd., Annual General Meeting, May 23, 2024 Shenzhen Prince New Materials Co.,Ltd., Annual General Meeting, May 23, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.013 (vs CN¥0.004 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.013 (up from CN¥0.004 in 1Q 2023). Revenue: CN¥379.7m (up 5.6% from 1Q 2023). Net income: CN¥5.06m (up 381% from 1Q 2023). Profit margin: 1.3% (up from 0.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
Shenzhen Prince New Materials Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Shenzhen Prince New Materials Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 New Risk • Jan 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 31% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Shareholders have been diluted in the past year (31% increase in shares outstanding). Announcement • Dec 29
Shenzhen Prince New Materials Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Shenzhen Prince New Materials Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 New Risk • Oct 20
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 6.2% 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: Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: CN¥0.051 (vs CN¥0.029 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.051 (up from CN¥0.029 in 3Q 2022). Revenue: CN¥441.7m (up 8.6% from 3Q 2022). Net income: CN¥10.8m (up 25% from 3Q 2022). Profit margin: 2.4% (up from 2.1% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 02
Second quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.026 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.016 (down from CN¥0.026 in 2Q 2022). Revenue: CN¥398.2m (down 16% from 2Q 2022). Net income: CN¥5.50m (down 27% from 2Q 2022). Profit margin: 1.4% (down from 1.6% in 2Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Packaging industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 15% per year. Announcement • May 11
Shenzhen Prince New Materials Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on 16 May 2023 Shenzhen Prince New Materials Co., Ltd. announced final cash dividend of CNY 0.70000000 per 10 shares (tax included) on A shares for the year 2022. Record date is 15 May 2023, Ex-date is 16 May 2023 and Payment date is 16 May 2023. Reported Earnings • Apr 07
Full year 2022 earnings released: EPS: CN¥0.33 (vs CN¥0.40 in FY 2021) Full year 2022 results: EPS: CN¥0.33 (down from CN¥0.40 in FY 2021). Revenue: CN¥1.75b (flat on FY 2021). Net income: CN¥70.4m (down 17% from FY 2021). Profit margin: 4.0% (down from 4.9% in FY 2021). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥26.29, the stock trades at a trailing P/E ratio of 60.3x. Average forward P/E is 17x in the Packaging industry in China. Total returns to shareholders of 111% over the past three years. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥24.69, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 30x in the Packaging industry in China. Total returns to shareholders of 103% over the past three years. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.041 (vs CN¥0.08 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.041 (down from CN¥0.08 in 3Q 2021). Revenue: CN¥406.9m (down 3.9% from 3Q 2021). Net income: CN¥8.63m (down 45% from 3Q 2021). Profit margin: 2.1% (down from 3.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.037 (vs CN¥0.094 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.037 (down from CN¥0.094 in 2Q 2021). Revenue: CN¥473.4m (up 15% from 2Q 2021). Net income: CN¥7.53m (down 62% from 2Q 2021). Profit margin: 1.6% (down from 4.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year. Announcement • Jul 21
Shenzhen Prince New Materials Co., Ltd. (SZSE:002735) agrees to acquire additional 49% stake in Wuhan Zhongdian Huarui Technology Development Co., Ltd from Zhu Zhu, Zhu Wanli, Liu Jiangzhou, Jiang Shanwen and Guo Yufeng for approximately CNY 170 million. Shenzhen Prince New Materials Co., Ltd. (SZSE:002735) agrees to acquire additional 49% stake in Wuhan Zhongdian Huarui Technology Development Co., Ltd from Zhu Zhu, Zhu Wanli, Liu Jiangzhou, Jiang Shanwen and Guo Yufeng for approximately CNY 170 million on July 18, 2022.After the completion of the equity transfer, the company will directly hold 100% of the equity of Wuhan Zhongdian Huarui Technology Development Co., Ltd. The transaction will be financed from it's own funds. As of December 2021,Wuhan Zhongdian Huarui Technology Development Co., Ltd reported a revenue of CNY 81.291545 million,Total assets of CNY 125.716162 million,EBIT of CNY 31.421678 million,Net income of CNY 27.10467 and Total common equity of CNY 94.671015 million. The transaction was already approved by Shenzhen Prince New Materials Co., Ltd. board of directors. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥25.48, the stock trades at a trailing P/E ratio of 48.3x. Average trailing P/E is 28x in the Packaging industry in China. Total returns to shareholders of 122% over the past three years. Announcement • May 07
Shenzhen Prince New Materials Co., Ltd., Annual General Meeting, May 24, 2022 Shenzhen Prince New Materials Co., Ltd., Annual General Meeting, May 24, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; to consider 2022 financial budget report; to consider Application for comprehensive credit line to financial institutions; and to consider Shareholder return plan for the next three years from 2023 to 2025. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.057 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.19 (up from CN¥0.057 in 1Q 2021). Revenue: CN¥355.2m (down 1.3% from 1Q 2021). Net income: CN¥40.8m (up 219% from 1Q 2021). Profit margin: 12% (up from 3.5% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥23.54, the stock trades at a trailing P/E ratio of 57.7x. Average trailing P/E is 26x in the Packaging industry in China. Total returns to shareholders of 116% over the past three years. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥0.41 (down from CN¥0.43 in FY 2020). Revenue: CN¥1.74b (up 13% from FY 2020). Net income: CN¥87.0m (flat on FY 2020). Profit margin: 5.0% (down from 5.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥30.18, the stock trades at a trailing P/E ratio of 70.3x. Average trailing P/E is 32x in the Packaging industry in China. Total returns to shareholders of 209% over the past three years. Announcement • Feb 24
Shenzhen Prince New Materials Co., Ltd. Announces Board Elections Shenzhen Prince New Materials Co., Ltd. at its first extraordinary general meeting of 2022 on 21 February 2022, approved Election of Wang Jinjun, Wang Wujun, Cheng Gang, Liu Dacheng as non-independent directors, Wang Jingda, Cao Yueyun, Sun Jisha as independent directors and Ren Landong, Li Zhi as shareholder supervisors. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.11 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥423.4m (up 2.9% from 3Q 2020). Net income: CN¥15.7m (down 25% from 3Q 2020). Profit margin: 3.7% (down from 5.0% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.23 (vs CN¥0.078 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥410.8m (up 17% from 2Q 2020). Net income: CN¥20.0m (up 27% from 2Q 2020). Profit margin: 4.9% (up from 4.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥19.84, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 28x in the Packaging industry in China. Total returns to shareholders of 55% over the past three years. Announcement • May 28
Shenzhen Prince New Materials Co., Ltd. Approves Dividend for the Year 2020 Shenzhen Prince New Materials Co., Ltd. approved cash dividend/10 shares (tax included) of CNY 1.30000000 for the year 2020. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥27.15, the stock trades at a trailing P/E ratio of 43.8x. Average trailing P/E is 29x in the Packaging industry in China. Total returns to shareholders of 44% over the past three years. Announcement • Apr 30
Shenzhen Prince New Materials Co., Ltd. Proposes Final Dividend for the Year 2020 Shenzhen Prince New Materials Co., Ltd. proposed cash dividend/10 shares (tax included) of CNY 1.30000000 for the year 2020. Is New 90 Day High Low • Feb 26
New 90-day low: CN¥25.16 The company is down 35% from its price of CN¥39.00 on 27 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 Packaging industry, which is down 2.0% over the same period. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorated over the past week After last week's 23% share price decline to CN¥28.67, the stock is trading at a trailing P/E ratio of 62.3x, down from the previous P/E ratio of 81.4x. This compares to an average P/E of 29x in the Packaging industry in China. Total returns to shareholders over the past three years are 54%. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥35.39 The company is down 10.0% from its price of CN¥39.39 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥36.26 The company is down 10.0% from its price of CN¥40.16 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 Packaging industry, which is up 5.0% over the same period. Is New 90 Day High Low • Nov 19
New 90-day high: CN¥43.60 The company is up 25% from its price of CN¥34.86 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 3.0% over the same period. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS CN¥0.15 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥411.6m (up 12% from 3Q 2019). Net income: CN¥20.8m (up 27% from 3Q 2019). Profit margin: 5.0% (up from 4.4% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 18
Shenzhen Prince New Materials Co., Ltd. to Report First Half, 2020 Results on Aug 08, 2020 Shenzhen Prince New Materials Co., Ltd. announced that they will report first half, 2020 results on Aug 08, 2020