Declared Dividend • May 25
Dividend of CN¥0.021 announced Shareholders will receive a dividend of CN¥0.021. Ex-date: 26th May 2026 Payment date: 26th May 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (29% 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 increased over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 22% EPS decline seen over the last 5 years. Reported Earnings • Apr 29
First quarter 2026 earnings released: EPS: CN¥0.01 (vs CN¥0.01 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.01 (in line with 1Q 2025). Revenue: CN¥154.0m (up 9.8% from 1Q 2025). Net income: CN¥4.11m (down 18% from 1Q 2025). Profit margin: 2.7% (down from 3.6% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. New Risk • Apr 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% 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 45% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Announcement • Mar 31
Zhejiang Kan Specialities Material Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: CN¥0.07 (vs CN¥0.012 in FY 2024) Full year 2025 results: EPS: CN¥0.07 (up from CN¥0.012 in FY 2024). Revenue: CN¥626.9m (up 6.2% from FY 2024). Net income: CN¥31.7m (up 452% from FY 2024). Profit margin: 5.1% (up from 1.0% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Announcement • Mar 25
Zhejiang Kan Specialities Material Co., Ltd., Annual General Meeting, Apr 16, 2026 Zhejiang Kan Specialities Material Co., Ltd., Annual General Meeting, Apr 16, 2026, at 14:30 China Standard Time. Location: Room 306, 3F, Block H, Jia No. 5, Shuguang West Lane, Chaoyang District, Beijing China Announcement • Dec 31
Zhejiang Kan Specialities Material Co., Ltd. to Report Fiscal Year 2025 Results on Mar 26, 2026 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report fiscal year 2025 results on Mar 26, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.034 (vs CN¥0.01 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.034 (up from CN¥0.01 in 3Q 2024). Revenue: CN¥162.9m (up 7.2% from 3Q 2024). Net income: CN¥6.14m (up 50% from 3Q 2024). Profit margin: 3.8% (up from 2.7% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Zhejiang Kan Specialities Material Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 02
Zhejiang Kan Specialities Material Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Declared Dividend • May 18
Dividend reduced to CN¥0.004 Dividend of CN¥0.004 is 87% lower than last year. Ex-date: 26th May 2025 Payment date: 26th May 2025 Dividend yield will be 0.08%, which is lower than the industry average of 2.6%. Payout Ratios Payout ratio: 46%. Cash payout ratio: 2%. Announcement • Mar 31
Zhejiang Kan Specialities Material Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Mar 26
Zhejiang Kan Specialities Material Co., Ltd. Proposes Final Profit Distribution for the Year 2024 On 25 March 2025 Zhejiang Kan Specialities Material Co., Ltd. announced the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY 0.04000000. Reported Earnings • Mar 25
Full year 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.10 in FY 2023) Full year 2024 results: EPS: CN¥0.01 (down from CN¥0.10 in FY 2023). Revenue: CN¥590.5m (down 28% from FY 2023). Net income: CN¥5.74m (down 88% from FY 2023). Profit margin: 1.0% (down from 5.7% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Announcement • Mar 25
Zhejiang Kan Specialities Material Co., Ltd., Annual General Meeting, Apr 17, 2025 Zhejiang Kan Specialities Material Co., Ltd., Annual General Meeting, Apr 17, 2025, at 14:30 China Standard Time. Location: Room 306, 3F, Block H, Jia No. 5, Shuguang West Lane, Chaoyang District, Beijing China Announcement • Dec 31
Zhejiang Kan Specialities Material Co., Ltd. to Report Fiscal Year 2024 Results on Mar 25, 2025 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report fiscal year 2024 results on Mar 25, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.009 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.01. Revenue: CN¥152.1m (down 14% from 3Q 2023). Net income: CN¥4.11m (down 4.1% from 3Q 2023). Profit margin: 2.7% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. Announcement • Sep 30
Zhejiang Kan Specialities Material Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 New Risk • Aug 28
New major risk - Revenue and earnings growth Earnings have declined by 6.1% 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 Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 71x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 6.1% 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 (0.03% net profit margin). Announcement • Jun 29
Zhejiang Kan Specialities Material Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 18
Dividend increased to CN¥0.031 Dividend of CN¥0.031 is 158% higher than last year. Ex-date: 24th May 2024 Payment date: 24th May 2024 Dividend yield will be 0.7%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (385% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 328% to bring the payout ratio under control. However, EPS has declined by 27% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.01 (vs CN¥0.11 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.01 (down from CN¥0.11 in 1Q 2023). Revenue: CN¥140.2m (down 51% from 1Q 2023). Net income: CN¥6.06m (down 88% from 1Q 2023). Profit margin: 4.3% (down from 17% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥3.57, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 26x in the Forestry industry in China. Total loss to shareholders of 42% over the past three years. New Risk • Apr 01
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: 0.7% 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 • Mar 30
Zhejiang Kan Specialities Material Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Announcement • Mar 28
Zhejiang Kan Specialities Material Co., Ltd., Annual General Meeting, Apr 18, 2024 Zhejiang Kan Specialities Material Co., Ltd., Annual General Meeting, Apr 18, 2024, at 14:30 China Standard Time. Location: Room 306, 3F, Tower H, Jia No. 5, Shuguang West Lane, Chaoyang District, Beijing China New Risk • Mar 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% 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: Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Large one-off items impacting financial results. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.11 in FY 2022) Full year 2023 results: EPS: CN¥0.10 (down from CN¥0.11 in FY 2022). Revenue: CN¥826.0m (down 40% from FY 2022). Net income: CN¥47.5m (down 7.8% from FY 2022). Profit margin: 5.7% (up from 3.7% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥3.99, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 27x in the Forestry industry in China. Total loss to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to CN¥3.42, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 26x in the Forestry industry in China. Total loss to shareholders of 37% over the past three years. New Risk • Jan 29
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 6.4% 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. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥4.80, the stock trades at a trailing P/E ratio of 42.6x. Average trailing P/E is 34x in the Forestry industry in China. Total loss to shareholders of 9.1% over the past three years. Announcement • Dec 29
Zhejiang Kan Specialities Material Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.009 (vs CN¥0.04 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.009 (down from CN¥0.04 in 3Q 2022). Revenue: CN¥176.8m (down 46% from 3Q 2022). Net income: CN¥4.28m (down 75% from 3Q 2022). Profit margin: 2.4% (down from 5.3% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.024 (vs CN¥0.07 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.024 (down from CN¥0.07 in 2Q 2022). Revenue: CN¥206.4m (down 51% from 2Q 2022). Net income: CN¥12.1m (down 64% from 2Q 2022). Profit margin: 5.8% (down from 7.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year. Announcement • Jul 01
Zhejiang Kan Specialities Material Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.20 in FY 2021) Full year 2022 results: EPS: CN¥0.11 (down from CN¥0.20 in FY 2021). Revenue: CN¥1.39b (down 24% from FY 2021). Net income: CN¥53.4m (down 43% from FY 2021). Profit margin: 3.8% (down from 5.1% in FY 2021). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥6.02, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 25x in the Forestry industry in China. Total returns to shareholders of 7.1% over the past three years. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.04 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.04 (in line with 3Q 2021). Revenue: CN¥329.2m (down 23% from 3Q 2021). Net income: CN¥17.4m (down 3.8% from 3Q 2021). Profit margin: 5.3% (up from 4.2% in 3Q 2021). The increase in margin was driven by lower expenses. 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 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥5.87, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 23x in the Forestry industry in China. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥6.86, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 27x in the Forestry industry in China. Total returns to shareholders of 40% over the past three years. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.05 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.05 in 2Q 2021). Revenue: CN¥418.3m (down 13% from 2Q 2021). Net income: CN¥33.0m (up 57% from 2Q 2021). Profit margin: 7.9% (up from 4.4% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • Jul 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Secretary of the Board, VP & Non-Independent Director Zhao Yu Yang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥6.29, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 24x in the Forestry industry in China. Total returns to shareholders of 8.5% over the past three years. Announcement • Jun 09
Zhejiang Kan Specialities Material Co., Ltd. Announces to Implement Final Cash Distribution Plan for the Year 2021, Payable on 16 June 2022 Zhejiang Kan Specialities Material Co., Ltd. announced 2021 final distribution plan to be implemented (A shares). The company announced cash dividend (tax included) of CNY 0.20000000 per 10 A Shares for the year 2021. Record date is 15 June 2022; ex-date is 16 June 2022 and payment date is 16 June 2022. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.05 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.05 in 1Q 2021). Revenue: CN¥315.3m (down 39% from 1Q 2021). Net income: CN¥14.1m (down 44% from 1Q 2021). Profit margin: 4.5% (down from 4.9% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Secretary of the Board, Deputy GM & Non-Independent Director Zhao Yu Yang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 22
Zhejiang Kan Specialities Material Co., Ltd. Approves Cash Dividend for 2021 Zhejiang Kan Specialities Material Co., Ltd. at the AGM held on April 19, 2022, approved the Cash dividend per 10 shares (tax included) of CNY 0.20000000 for the year 2021. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: CN¥0.20 (vs CN¥0.20 in FY 2020) Full year 2021 results: EPS: CN¥0.20 (vs CN¥0.20 in FY 2020). Revenue: CN¥1.83b (up 18% from FY 2020). Net income: CN¥94.1m (up 1.6% from FY 2020). Profit margin: 5.1% (down from 6.0% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Zhejiang Kan Specialities Material Co., Ltd. Announces the Profit Distribution Proposal for 2021 On 29 March 2022 Zhejiang Kan Specialities Material Co., Ltd. announced the profit distribution proposal for 2021 as Cash dividend of CNY 0.20000000 per 10 shares (tax included). Announcement • Mar 10
Zhejiang Kan Specialities Material Co., Ltd. Announces Management Appointments Zhejiang Kan Specialities Material Co., Ltd. announced at the EGM held on March 7, 2022 that the company approved election of Tu Kaixiang and Xu Bing as non-independent director; Hu Xiaolong as independent director and Guo Xiaobin and Liang Xiaowei as non-employee supervisors. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.05 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¥429.1m (up 7.5% from 3Q 2020). Net income: CN¥18.1m (down 27% from 3Q 2020). Profit margin: 4.2% (down from 6.2% 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 53% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥5.85, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 23x in the Forestry industry in China. Total returns to shareholders of 13% over the past three years. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.05 (vs CN¥0.065 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥482.8m (up 41% from 2Q 2020). Net income: CN¥21.1m (down 19% from 2Q 2020). Profit margin: 4.4% (down from 7.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jun 01
Zhejiang Kan Specialities Material Co., Ltd. Announces 2020 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 08 June 2021 Zhejiang Kan Specialities Material Co., Ltd. announced 2020 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.09100000. For the dividend record date is 07 June 2021, ex-date is 08 June 2021 and payment date is 08 June 2021. Net cash dividend/10 shares after tax: CNY 0.0819000000. Reported Earnings • Apr 21
First quarter 2021 earnings released: EPS CN¥0.05 (vs CN¥0.02 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥515.9m (up 94% from 1Q 2020). Net income: CN¥25.2m (up 151% from 1Q 2020). Profit margin: 4.9% (up from 3.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.20 (vs CN¥0.10 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥1.55b (up 35% from FY 2019). Net income: CN¥92.6m (up 100% from FY 2019). Profit margin: 6.0% (up from 4.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 24
New 90-day high: CN¥6.29 The company is up 4.0% from its price of CN¥6.03 on 26 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: CN¥5.60 The company is down 20% from its price of CN¥6.99 on 16 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 3.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥68.7m, up 54% from the prior year. Total revenue was CN¥1.31b over the last 12 months, up 14% from the prior year. Announcement • Jul 23
Zhejiang Kan Specialities Material Co., Ltd. to Report First Half, 2020 Results on Aug 18, 2020 Zhejiang Kan Specialities Material Co., Ltd. announced that they will report first half, 2020 results on Aug 18, 2020