Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥7.04, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 40x in the Machinery industry in China. Total returns to shareholders of 5.1% over the past three years. New Risk • Jul 13
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 9.1% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (9.9% net profit margin). Announcement • Jun 30
Shenzhen Riland Industry Group Co., Ltd to Report First Half, 2026 Results on Aug 25, 2026 Shenzhen Riland Industry Group Co., Ltd announced that they will report first half, 2026 results on Aug 25, 2026 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥7.63, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 51x in the Machinery industry in China. Total returns to shareholders of 3.2% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥9.37, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 53x in the Machinery industry in China. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥11.99, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 58x in the Machinery industry in China. Total returns to shareholders of 74% over the past three years. New Risk • Apr 29
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 104% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (9.9% net profit margin). Reported Earnings • Apr 14
Full year 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.33 in FY 2024) Full year 2025 results: EPS: CN¥0.23 (down from CN¥0.33 in FY 2024). Revenue: CN¥894.2m (down 12% from FY 2024). Net income: CN¥104.4m (down 31% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year. Announcement • Apr 13
Shenzhen Riland Industry Group Co., Ltd, Annual General Meeting, May 08, 2026 Shenzhen Riland Industry Group Co., Ltd, Annual General Meeting, May 08, 2026, at 14:30 China Standard Time. Location: 3F, No. 453, Chuangye 2nd Road, Xin'an Subdistrict, Bao'an District, Shenzhen, Guangdong China Announcement • Mar 31
Shenzhen Riland Industry Group Co., Ltd to Report Q1, 2026 Results on Apr 28, 2026 Shenzhen Riland Industry Group Co., Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Shenzhen Riland Industry Group Co., Ltd to Report Fiscal Year 2025 Results on Apr 14, 2026 Shenzhen Riland Industry Group Co., Ltd announced that they will report fiscal year 2025 results on Apr 14, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.18 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (down from CN¥0.18 in 3Q 2024). Revenue: CN¥210.9m (down 23% from 3Q 2024). Net income: CN¥47.0m (down 45% from 3Q 2024). Profit margin: 22% (down from 32% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Shenzhen Riland Industry Group Co., Ltd to Report Q3, 2025 Results on Oct 28, 2025 Shenzhen Riland Industry Group Co., Ltd announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 02
Shenzhen Riland Industry Group Co., Ltd to Report First Half, 2025 Results on Aug 28, 2025 Shenzhen Riland Industry Group Co., Ltd announced that they will report first half, 2025 results on Aug 28, 2025 Declared Dividend • Jun 20
Dividend of CN¥0.20 announced Dividend of CN¥0.20 is the same as last year. Ex-date: 26th June 2025 Payment date: 26th June 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but not covered by cash flows (dividend approximately 10x free cash flows). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 23
Shenzhen Riland Industry Group Co., Ltd Announces Final Cash Dividend Proposal for the Year 2024 Shenzhen Riland Industry Group Co. Ltd. announced final cash dividend proposal of CNY 2.00000000 per ten shares for the year 2024. Reported Earnings • Apr 22
Full year 2024 earnings released: EPS: CN¥0.33 (vs CN¥0.22 in FY 2023) Full year 2024 results: EPS: CN¥0.33 (up from CN¥0.22 in FY 2023). Revenue: CN¥1.01b (down 12% from FY 2023). Net income: CN¥150.3m (up 50% from FY 2023). Profit margin: 15% (up from 8.7% in FY 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 22
Shenzhen Riland Industry Group Co., Ltd, Annual General Meeting, May 16, 2025 Shenzhen Riland Industry Group Co., Ltd, Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Shenzhen, Guangdong China Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥8.35, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 40x in the Machinery industry in China. Total returns to shareholders of 43% over the past three years. Announcement • Mar 31
Shenzhen Riland Industry Group Co., Ltd to Report Q1, 2025 Results on Apr 28, 2025 Shenzhen Riland Industry Group Co., Ltd announced that they will report Q1, 2025 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥13.10, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 43x in the Machinery industry in China. Total returns to shareholders of 109% over the past three years. Announcement • Dec 31
Shenzhen Riland Industry Group Co., Ltd to Report Fiscal Year 2024 Results on Apr 22, 2025 Shenzhen Riland Industry Group Co., Ltd announced that they will report fiscal year 2024 results on Apr 22, 2025 Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to CN¥11.69, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 35x in the Machinery industry in China. Total returns to shareholders of 90% over the past three years. New Risk • Dec 09
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 11% 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 Dividend is not well covered by cash flows (99% cash payout ratio). Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥8.63, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 36x in the Machinery industry in China. Total returns to shareholders of 48% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.061 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.061 in 3Q 2023). Revenue: CN¥273.0m (down 1.6% from 3Q 2023). Net income: CN¥86.1m (up 191% from 3Q 2023). Profit margin: 32% (up from 11% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Announcement • Sep 30
Shenzhen Riland Industry Group Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024 Shenzhen Riland Industry Group Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥6.12, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 29x in the Machinery industry in China. Total returns to shareholders of 11% over the past three years. New Risk • Aug 20
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 105% Cash payout ratio: 99% Dividend yield: 3.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Cash payout ratio: 99% Earnings have declined by 0.7% per year over the past 5 years. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.08 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.06 (down from CN¥0.08 in 2Q 2023). Revenue: CN¥282.2m (down 12% from 2Q 2023). Net income: CN¥26.2m (down 21% from 2Q 2023). Profit margin: 9.3% (down from 10% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jul 24
Shenzhen Riland Industry Group Co., Ltd Approves Board Appointments Shenzhen Riland Industry Group Co. Ltd. announced at the EGM held on July 22, 2024, approved election of Zhang Hua as non-independent director; Xiao Qiaoli as non-employee supervisor. Announcement • Jun 29
Shenzhen Riland Industry Group Co., Ltd to Report First Half, 2024 Results on Aug 20, 2024 Shenzhen Riland Industry Group Co., Ltd announced that they will report first half, 2024 results on Aug 20, 2024 Declared Dividend • Jun 25
Dividend increased to CN¥0.20 Dividend of CN¥0.20 is 33% higher than last year. Ex-date: 28th June 2024 Payment date: 28th June 2024 Dividend yield will be 3.8%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 7.2% 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 grow by 6.7% to bring the payout ratio under control. However, EPS has declined by 4.4% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.08 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.07 (down from CN¥0.08 in 1Q 2023). Revenue: CN¥269.0m (down 8.1% from 1Q 2023). Net income: CN¥30.8m (down 19% from 1Q 2023). Profit margin: 12% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥4.89, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 30x in the Machinery industry in China. Total loss to shareholders of 5.9% over the past three years. New Risk • Apr 15
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 91% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. Earnings have declined by 0.6% per year over the past 5 years. High level of non-cash earnings (24% accrual ratio). Reported Earnings • Apr 09
Full year 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.19 in FY 2022) Full year 2023 results: EPS: CN¥0.22 (up from CN¥0.19 in FY 2022). Revenue: CN¥1.15b (up 7.2% from FY 2022). Net income: CN¥100.6m (up 20% from FY 2022). Profit margin: 8.7% (up from 7.8% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Shenzhen Riland Industry Group Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024 Shenzhen Riland Industry Group Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥5.55, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 27x in the Machinery industry in China. Total returns to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥5.22, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 26x in the Machinery industry in China. Total returns to shareholders of 18% over the past three years. Announcement • Dec 30
Shenzhen Riland Industry Group Co., Ltd to Report Fiscal Year 2023 Results on Apr 09, 2024 Shenzhen Riland Industry Group Co., Ltd announced that they will report fiscal year 2023 results on Apr 09, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.037 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.061 (up from CN¥0.037 in 3Q 2022). Revenue: CN¥277.5m (up 19% from 3Q 2022). Net income: CN¥29.6m (up 77% from 3Q 2022). Profit margin: 11% (up from 7.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.078 (vs CN¥0.081 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.078. Revenue: CN¥320.9m (up 13% from 2Q 2022). Net income: CN¥32.9m (up 2.9% from 2Q 2022). Profit margin: 10% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Announcement • Jul 01
Shenzhen Riland Industry Group Co., Ltd to Report First Half, 2023 Results on Aug 22, 2023 Shenzhen Riland Industry Group Co., Ltd announced that they will report first half, 2023 results on Aug 22, 2023 Announcement • Jun 16
Shenzhen Riland Industry Group Co., Ltd Implements Final Cash Dividend on A Shares for 2022, Payable on 21 June 2023 Shenzhen Riland Industry Group Co. Ltd. implemented final cash dividend per 10 shares (tax included) on A Shares of CNY 1.5000000 for 2022. Record date is 20 June 2023. Ex-date is 21 June 2023. Payment date is 21 June 2023. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥6.92, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 34x in the Machinery industry in China. Total returns to shareholders of 44% over the past three years. Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.26 in FY 2021) Full year 2022 results: EPS: CN¥0.19 (down from CN¥0.26 in FY 2021). Revenue: CN¥1.07b (flat on FY 2021). Net income: CN¥83.6m (down 28% from FY 2021). Profit margin: 7.8% (down from 11% in FY 2021). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: CN¥0.037 (vs CN¥0.045 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.037 (down from CN¥0.045 in 3Q 2021). Revenue: CN¥233.0m (down 7.4% from 3Q 2021). Net income: CN¥16.8m (down 19% from 3Q 2021). Profit margin: 7.2% (down from 8.2% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.081 (vs CN¥0.059 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.081 (up from CN¥0.059 in 2Q 2021). Revenue: CN¥283.1m (down 5.8% from 2Q 2021). Net income: CN¥32.0m (up 24% from 2Q 2021). Profit margin: 11% (up from 8.6% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jun 09
Shenzhen Riland Industry Group Co., Ltd Announces Final Dividend on Share A for 2021, Payable on June 15, 2022 Shenzhen Riland Industry Group Co. Ltd. announced Cash dividend/10 shares (tax included): CNY 2.00000000 on share A for 2021. Record date: 14 June 2022, Ex-date: 15 June 2022 and Payment date: 15 June 2022. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.07 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.03 (down from CN¥0.07 in 1Q 2021). Revenue: CN¥262.2m (up 27% from 1Q 2021). Net income: CN¥15.2m (down 54% from 1Q 2021). Profit margin: 5.8% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year. Announcement • Apr 22
Shenzhen Riland Industry Group Co. Ltd. Approves Final Cash Dividend for the Year 2021 Shenzhen Riland Industry Group Co. Ltd. approved final cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2021 at the AGM held on April 20, 2022. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: CN¥0.26 (vs CN¥0.15 in FY 2020) Full year 2021 results: EPS: CN¥0.26 (up from CN¥0.15 in FY 2020). Revenue: CN¥1.08b (up 95% from FY 2020). Net income: CN¥116.9m (up 75% from FY 2020). Profit margin: 11% (down from 12% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Mar 30
Shenzhen Riland Industry Group Co., Ltd. Proposes Final Cash Dividend for the Year 2021 Shenzhen Riland Industry Group Co. Ltd. proposed final cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2021. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.045 (vs CN¥0.04 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥251.5m (up 24% from 3Q 2020). Net income: CN¥20.7m (up 19% from 3Q 2020). Profit margin: 8.2% (down from 8.5% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.059 (vs CN¥0.06 in 2Q 2020) The company reported a decent second quarter result with improved revenues, although earnings and profit margins were weaker. Second quarter 2021 results: Revenue: CN¥300.6m (up 112% from 2Q 2020). Net income: CN¥25.8m (down 11% from 2Q 2020). Profit margin: 8.6% (down from 20% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥7.68, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 33x in the Machinery industry in China. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥6.74, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 30x in the Machinery industry in China. Total returns to shareholders of 23% over the past three years. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.03 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥206.5m (up 292% from 1Q 2020). Net income: CN¥32.9m (up 126% from 1Q 2020). Profit margin: 16% (down from 28% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Apr 06
Full year 2020 earnings released: EPS CN¥0.15 (vs CN¥0.25 in FY 2019) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: CN¥555.6m (flat on FY 2019). Net income: CN¥66.9m (down 41% from FY 2019). Profit margin: 12% (down from 21% in FY 2019). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Announcement • Feb 24
Shenzhen Riland Industry Co., Ltd. to Report Fiscal Year 2020 Results on Apr 06, 2021 Shenzhen Riland Industry Co., Ltd. announced that they will report fiscal year 2020 results on Apr 06, 2021 Is New 90 Day High Low • Feb 03
New 90-day low: CN¥4.95 The company is down 46% from its price of CN¥9.13 on 05 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥5.01 The company is down 30% from its price of CN¥7.14 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 Machinery industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥5.56 The company is down 11% from its price of CN¥6.26 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: CN¥6.05 The company is down 9.0% from its price of CN¥6.67 on 11 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Nov 12
Market pulls back on stock over the past week After last week's 22% share price decline to CN¥7.14, the stock is trading at a trailing P/E ratio of 39.7x, down from the previous P/E ratio of 50.8x. This compares to an average P/E of 40x in the Machinery industry in China. Total returns to shareholders over the past three years are 7.7%. Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 27% share price gain to CN¥9.13, the stock is trading at a trailing P/E ratio of 50.8x, up from the previous P/E ratio of 40x. This compares to an average P/E of 41x in the Machinery industry in China. Total returns to shareholders over the past three years are 33%. Is New 90 Day High Low • Nov 03
New 90-day high: CN¥8.47 The company is up 40% from its price of CN¥6.07 on 05 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is flat over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥83.3m, down 27% from the prior year. Total revenue was CN¥562.3m over the last 12 months, up 6.5% from the prior year. Announcement • Aug 04
Shenzhen Riland Industry Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Shenzhen Riland Industry Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020