New Risk • Jun 08
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 8.3% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Reported Earnings • Apr 30
Full year 2025 earnings released: EPS: CN¥0.07 (vs CN¥0.58 in FY 2024) Full year 2025 results: EPS: CN¥0.07 (down from CN¥0.58 in FY 2024). Revenue: CN¥1.08b (down 22% from FY 2024). Net income: CN¥14.5m (down 88% from FY 2024). Profit margin: 1.3% (down from 8.5% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Apr 30
Jiangsu Hongtian Technology Co.,Ltd., Annual General Meeting, May 21, 2026 Jiangsu Hongtian Technology Co.,Ltd., Annual General Meeting, May 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Suzhou, Jiangsu China Announcement • Mar 30
Jiangsu Hongtian Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Jiangsu Hongtian Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
Jiangsu Hongtian Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026 Jiangsu Hongtian Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.48 (vs CN¥0.12 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.48 (up from CN¥0.12 in 3Q 2024). Revenue: CN¥494.7m (up 31% from 3Q 2024). Net income: CN¥98.0m (up 290% from 3Q 2024). Profit margin: 20% (up from 6.6% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Sep 30
Jiangsu Hongtian Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Jiangsu Hongtian Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Buy Or Sell Opportunity • Sep 17
Now 21% undervalued Over the last 90 days, the stock has risen 147% to CN¥55.80. The fair value is estimated to be CN¥70.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has grown by 9.5%. New Risk • Jul 03
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 9.9% 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 Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.3% net profit margin). Announcement • Jun 30
Jiangsu Hongtian Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Jiangsu Hongtian Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 New Risk • May 07
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.3% net profit margin). Valuation Update With 7 Day Price Move • May 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥23.02, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Energy Services industry in China. Negligible returns to shareholders over past three years. New Risk • Apr 28
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 Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Dividend is not well covered by cash flows (133% cash payout ratio). Profit margins are more than 30% lower than last year (5.3% net profit margin). Reported Earnings • Apr 27
First quarter 2025 earnings released: CN¥0.13 loss per share (vs CN¥0.14 profit in 1Q 2024) First quarter 2025 results: CN¥0.13 loss per share (down from CN¥0.14 profit in 1Q 2024). Revenue: CN¥135.1m (down 60% from 1Q 2024). Net loss: CN¥25.2m (down 187% from profit in 1Q 2024). Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Apr 26
Jiangsu Hongtian Technology Co.,Ltd., Annual General Meeting, May 20, 2025 Jiangsu Hongtian Technology Co.,Ltd., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Nantong, Jiangsu China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥28.81, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Energy Services industry in China. Total returns to shareholders of 14% over the past three years. Announcement • Mar 28
Jiangsu Hongtian Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Jiangsu Hongtian Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥31.15, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Energy Services industry in China. Total returns to shareholders of 14% over the past three years. New Risk • Feb 19
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 8.3% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥31.55, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the Energy Services industry in China. Total returns to shareholders of 15% over the past three years. Announcement • Dec 27
Jiangsu Hongtian Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Jiangsu Hongtian Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥27.70, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Energy Services industry in China. Total returns to shareholders of 34% over the past three years. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.055 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.055 in 3Q 2023). Revenue: CN¥378.6m (down 18% from 3Q 2023). Net income: CN¥25.1m (up 123% from 3Q 2023). Profit margin: 6.6% (up from 2.4% in 3Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥24.11, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Energy Services industry in China. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥20.45 per share. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥17.82, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Energy Services industry in China. Total loss to shareholders of 5.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.52 per share. New Risk • Sep 30
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 7.0% 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 (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change). Announcement • Sep 30
Jiangsu Hongtian Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Jiangsu Hongtian Technology Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥19.05, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Energy Services industry in China. Total returns to shareholders of 8.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥19.59 per share. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥20.64, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Energy Services industry in China. Total returns to shareholders of 88% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥22.77 per share. Announcement • Jul 17
Jiangsu Hongtian Technology Co.,Ltd. (SHSE:603800) announces an Equity Buyback for CNY 60 million worth of its shares. Jiangsu Hongtian Technology Co.,Ltd. (SHSE:603800) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be purchased at a price not exceeding CNY 30 per share. The purpose of the program is reduction of registered capital, to safeguard the interests of the majority of investors, enhance investors' confidence in the company's investment, and at the same time to promote the company's stable and healthy development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, to convert company convertible bonds, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for 3 months. Buy Or Sell Opportunity • Jul 08
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to CN¥17.62. The fair value is estimated to be CN¥22.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 95% in 2 years. Earnings are forecast to grow by 118% in the next 2 years. Announcement • Jun 28
Jiangsu Hongtian Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 16, 2024 Jiangsu Hongtian Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 16, 2024 Announcement • Apr 21
Suzhou Douson Drilling & Production Equipment Co.,Ltd., Annual General Meeting, May 15, 2024 Suzhou Douson Drilling & Production Equipment Co.,Ltd., Annual General Meeting, May 15, 2024, at 14:00 China Standard Time. Reported Earnings • Apr 12
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: EPS: CN¥0.98 (up from CN¥0.51 in FY 2022). Revenue: CN¥2.24b (up 2.2% from FY 2022). Net income: CN¥203.5m (up 91% from FY 2022). Profit margin: 9.1% (up from 4.9% in FY 2022). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 20%. Earnings per share (EPS) exceeded analyst estimates by 5.4%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Suzhou Douson Drilling & Production Equipment Co.,Ltd. to Report Q1, 2024 Results on Apr 20, 2024 Suzhou Douson Drilling & Production Equipment Co.,Ltd. announced that they will report Q1, 2024 results on Apr 20, 2024 Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥24.86, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Energy Services industry in China. Total returns to shareholders of 189% over the past three years. Announcement • Feb 08
Suzhou Douson Drilling & Production Equipment Co.,Ltd. (SHSE:603800) announces an Equity Buyback for CNY 60 million worth of its shares. Suzhou Douson Drilling & Production Equipment Co.,Ltd. (SHSE:603800) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 30 per share. The shares repurchased will be used for employee stock ownership plan. Repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months. As of February 6, 2024, the company had 208,000,000 shares outstanding. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥21.83, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Energy Services industry in China. Total returns to shareholders of 169% over the past three years. Announcement • Dec 30
Suzhou Douson Drilling & Production Equipment Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 20, 2024 Suzhou Douson Drilling & Production Equipment Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 20, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.055 (vs CN¥0.24 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.055 (down from CN¥0.24 in 3Q 2022). Revenue: CN¥461.5m (down 38% from 3Q 2022). Net income: CN¥11.3m (down 78% from 3Q 2022). Profit margin: 2.4% (down from 6.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • Aug 18
Suzhou Douson Drilling & Production Equipment Co.,Ltd. (SHSE:603800) agreed to acquire 30% stake in Hongtian Technology Co., Ltd. from Shenzhen Guangyi Information Industry Center (Limited Partnership) and Dongfang Huishan (Zhuhai) Investment Management Center (Limited Partnership) for CNY450 million. Suzhou Douson Drilling & Production Equipment Co.,Ltd. (SHSE:603800) agreed to acquire 30% stake in Hongtian Technology Co., Ltd. from Shenzhen Guangyi Information Industry Center (Limited Partnership) and Dongfang Huishan (Zhuhai) Investment Management Center (Limited Partnership) for CNY450 million on August 14, 2023. This has been approved in the 18th Meeting of Suzhou Douson Drilling & Production Equipment Co.,Ltd. (SHSE:603800) 5th Directorate, and does not need the Shareholders’ Approval. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.16 in 2Q 2022). Revenue: CN¥668.9m (up 59% from 2Q 2022). Net income: CN¥31.7m (down 7.1% from 2Q 2022). Profit margin: 4.7% (down from 8.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. New Risk • Jul 18
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 7.0% 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 (39% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥34.19, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Energy Services industry in China. Total returns to shareholders of 190% over the past three years. Announcement • Jun 28
Suzhou Douson Drilling & Production Equipment Co.,Ltd. to Report First Half, 2023 Results on Aug 19, 2023 Suzhou Douson Drilling & Production Equipment Co.,Ltd. announced that they will report first half, 2023 results on Aug 19, 2023 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥27.56, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the Energy Services industry in China. Total returns to shareholders of 159% over the past three years. Reported Earnings • Apr 28
First quarter 2023 earnings released: EPS: CN¥0.085 (vs CN¥0.10 loss in 1Q 2022) First quarter 2023 results: EPS: CN¥0.085 (up from CN¥0.10 loss in 1Q 2022). Revenue: CN¥389.5m (up 34% from 1Q 2022). Net income: CN¥17.7m (up CN¥38.6m from 1Q 2022). Profit margin: 4.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Energy Services industry in China. 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 31% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.051 loss in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.24 (up from CN¥0.051 loss in 3Q 2021). Revenue: CN¥746.7m (up 168% from 3Q 2021). Net income: CN¥49.9m (up CN¥60.6m from 3Q 2021). Profit margin: 6.7% (up from net loss in 3Q 2021). The move to profitability 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 107 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.059 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.059 loss in 2Q 2021). Revenue: CN¥421.4m (up 41% from 2Q 2021). Net income: CN¥34.2m (up CN¥46.5m from 2Q 2021). Profit margin: 8.1% (up from net loss in 2Q 2021). The move to profitability 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 150 percentage points per year, which is a significant difference in performance. Announcement • Aug 23
Suzhou Douson Drilling & Production Equipment Co.,Ltd. announced that it expects to receive CNY 1.49 billion in funding Suzhou Douson Drilling & Production Equipment Co.,Ltd. announced a private placement of shares for gross proceeds of CNY 1490 million on August 22, 2022. Announcement • Jul 26
Unknown buyer agreed to acquire Two Overseas Units in US and Singapore from Suzhou Douson Drilling & Production Equipment Co.,Ltd. (SHSE:603800) for CNY 184.4 million. Unknown buyer agreed to acquire Two Overseas Units in US and Singapore from Suzhou Douson Drilling & Production Equipment Co.,Ltd. (SHSE:603800) for CNY 184.4 million on July 25, 2022. Reported Earnings • May 02
First quarter 2022 earnings released: CN¥0.10 loss per share (vs CN¥0.13 loss in 1Q 2021) First quarter 2022 results: CN¥0.10 loss per share (up from CN¥0.13 loss in 1Q 2021). Revenue: CN¥291.8m (up 68% from 1Q 2021). Net loss: CN¥20.9m (loss narrowed 24% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 31
Third quarter 2021 earnings released: CN¥0.051 loss per share (vs CN¥0.075 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CN¥279.0m (up 32% from 3Q 2020). Net loss: CN¥10.6m (loss narrowed 32% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2021 earnings released: CN¥0.059 loss per share (vs CN¥0.003 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥299.8m (up 12% from 2Q 2020). Net loss: CN¥12.4m (loss widened CN¥11.7m from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • May 03
Full year 2020 earnings released: EPS CN¥0.021 (vs CN¥0.54 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥847.7m (down 35% from FY 2019). Net income: CN¥4.34m (down 96% from FY 2019). Profit margin: 0.5% (down from 8.6% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 05
New 90-day low: CN¥7.84 The company is down 24% from its price of CN¥10.30 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 Energy Services industry, which is up 2.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥8.51 The company is down 21% from its price of CN¥10.73 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥9.85 The company is down 11% from its price of CN¥11.13 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 Energy Services industry, which is down 4.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥8.65m, with earnings decreasing by CN¥142.0m from the prior year. Total revenue was CN¥914.3m over the last 12 months, down 33% from the prior year. Announcement • Oct 30
Suzhou Douson Drilling & Production Equipment Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Suzhou Douson Drilling & Production Equipment Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 23
New 90-day low: CN¥10.60 The company is down 11% from its price of CN¥11.96 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is flat over the same period. Announcement • Jul 10
Suzhou Douson Drilling & Production Equipment Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Suzhou Douson Drilling & Production Equipment Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020 
